FRS 7 'Fair values in acquisition accounting'

Daily Mail and General Trust plc Period End 2 October 2005

Submitted by Company Reporting on Thu, 2006-01-19 00:00

Daily Mail and General Trust
FTSE 100
United Kingdom
Business combinations
FRS 6 'Acquisitions and mergers'
FRS 7 'Fair values in acquisition accounting'
IFRS 2005

Recognition of pension deficit reduces shareholders' funds by 36%
UK newspaper company Daily Mail and General Trust discloses that recognising its pension deficit under IFRS decreases shareholders' funds by £165 million.