Barclays 2008 Annual Report Download - page 241

30Retirement benefit obligations (continued)
Actuarial gains and losses
The actuarial gains and losses arising on plan liabilities and plan assets are as follows:
UK schemes
2008 2007 2006 2005 2004
£m £m £m £m £m
Present value of obligations (14,438) (16,623) (17,353) (18,252) (15,574)
Fair value of plan assets 13,537 17,231 16,761 15,571 13,261
Net (deficit)/surplus in the plans (901) 608 (592) (2,681) (2,313)
Experience gains and (losses) on plan liabilities
– amount (81) (297) 48 (2) 16
– as percentage of plan liabilities (1%) (2%) –––
Difference between actual and expected return on plan assets
– amount (4,534) (332) 423 1,599 570
– as percentage of plan assets (33%) (2%) 3% 10% 4%
Overseas schemes
2008 2007 2006 2005 2004
£m £m £m £m £m
Present value of obligations (1,345) (1,011) (970) (1,017) (587)
Fair value of plan assets 959 796 745 819 436
Net (deficit)/surplus in the plans (386) (215) (225) (198) (151)
Experience losses on plan liabilities
– amount (96) (79) (54) (2) (31)
– as percentage of plan liabilities (7%) (8%) (6%) – (5%)
Difference between actual and expected return on plan assets
– amount (121) (11) 25 29
– as percentage of plan assets (13%) – 3% – 2%
Total UK and Overseas schemes
2008 2007 2006 2005 2004
£m £m £m £m £m
Present value of obligations (15,783) (17,634) (18,323) (19,269) (16,161)
Fair value of plan assets 14,496 18,027 17,506 16,390 13,697
Net (deficit)/surplus in the plans (1,287) 393 (817) (2,879) (2,464)
Experience losses on plan liabilities
– amount (177) (376) (6) (4) (15)
– as percentage of plan liabilities (1%) (2%) –––
Difference between actual and expected return on plan assets
– amount (4,655) (343) 448 1,601 579
– as percentage of plan assets (32%) (2%) 3% 10% 4%
3
Financial statements
Barclays PLC Annual Report 2008 239