Thorntons

Alternatives To Cash Funding Of Pension Schemes

We have noted that some companies are transferring assets to pension schemes in addition to cash contributions.

Thorntons plc Period End 26 June 2010

Submitted by Alisdair on Tue, 2010-11-30 11:23
Thorntons plc Annual Report 2010
Silent corrections of several minor errors
UK confectioners Thorntons corrects without explanation four errors, including three of IFRS compliance, that together suggest a previous lack of attention to detail and tells us how it evaluates materiality in the context of levels of disclosure.

Thorntons plc Period End 27 June 2009

Submitted by Company Reporting on Thu, 2009-10-15 23:00
Thorntons plc Annual Report 2009

Items reducing post-tax profit by 17% net classified as exceptional

UK food manufacturer Thorntons classifies as exceptional several items, including pension curtailment gain and charge on withdrawal of Industrial Buildings Allowance, which together reduce post-tax profit by 17%.