Virgin Media 2007 Annual Report Download - page 181
Download and view the complete annual report
Please find page 181 of the 2007 Virgin Media annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188 -
189 -
190 -
191 -
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
 |
 |
VIRGIN MEDIA INVESTMENT HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
12. Employee Benefit Plans (Continued)
The change in plan assets was as follows (in millions):
Year ended
December 31,
2007 2006
Fair value of plan assets at beginning of year .............................. £296.0 £284.5
Actual return on plan assets .......................................... 14.3 17.5
Employer contributions .............................................. 16.9 1.9
Employee contributions ............................................. 0.4 0.6
Transfer of assets .................................................. 2.1 —
Benefits paid ..................................................... (11.1) (8.5)
Fair value of plan assets at end of year .................................. £318.6 £296.0
The funded status as of December 31, 2007 and 2006 were as follows (in millions):
Year ended
December 31,
2007 2006
Projected benefit obligation ........................................... £323.9 £339.8
Plan assets ....................................................... 318.6 298.1
Funded status ..................................................... (5.3) (41.7)
Current liability ................................................... — —
Non-current liability ................................................ £ (5.3) £ (41.7)
The accumulated benefit obligation for all defined benefit plans was £314.1 million and
£330.3 million at December 31, 2007 and 2006, respectively.
Amount included in other comprehensive income:
The amount included in other comprehensive income for the years ended December 31, 2007 and
2006 consisted of (in millions):
Year ended
December 31,
2007 2006
Actuarial gain recognized in other comprehensive income ...................... £(19.8) £(6.5)
Prior year service cost recognized in other comprehensive income ................ — —
Less actuarial loss recognized .......................................... — (1.1)
Less prior year service cost recognized .................................... — —
Less transitional obligation recognized .................................... — —
Amount included in other comprehensive income ............................ £(19.8) £(7.6)
F-95