Smiths News

Smiths News plc Period End 31 August 2007

Smiths News Annual Report Year 2008

Taking the credit for curtailment gains
UK distribution company Smiths News recognises in the income statement a £5.4 million curtailment gain representing 14.8% of pre-tax profit.

Opening but not closing pension deficit disclosed on 'ongoing basis'
UK distribution company Smiths News discloses a £63 million opening pension deficit on an 'ongoing basis' that would increase by 8.9% its opening net liabilities, but does not disclose the figure at the balance sheet date.