Financial review - DB

02 September 2021

Summary account for the year ended 31 March 2021:

	DB Section	EBCO Section
Paid in	£000s	£000s
Company contributions	-	-
Employee contributions	-	-
Transfers in	-	-
Other income	2	-
Total paid in	2	-
Paid out	£000s	£000s
Benefits paid or payable	20,826	527
Payment to and on account of leavers	6,308	653
Administration expenses	1,888	1
Total paid out	29,022	1,181
Net additions/(withdrawals) from dealings with members	29,020	1,181
Returns on investments	£000s	£000s
Investment income	1,397	-
Change in market value of investments	130,889	1,409
Investment management expenses	915	-
Net returns on investments	131, 371	1409
Net increase in the Fund during the year	102,351	228
Transfers between sections	(2,645)	(75)
Net assets of the Plan as at 1 April 2020	785,456	15,571
Net assets of the Plan at 31 March 2021	885,162	15,724

Membership statistics for the DB Section:

Please note that due to reporting deadline, opening figures have been adjusted when compared to previous years.

Membership statistics for the EBCO Section:

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