27. Unrestricted funds a) Group

Total

General funds £000

Funds/(deficit) at 1 April 2010 Net incoming resources before transfers Net gains on investments Net loss on joint venture Net loss on associate Actuarial gains on pensions Transfers between funds

Funds/(deficit) at 31 March 2011 b) Charity Total

General funds £000

Funds/(deficit) at 1 April 2010 Net incoming resources before transfers Net gains on investments Actuarial gains on pensions

Funds/(deficit) at 31 March 2011

176,698 (11,134) 510 –

166,074

Pension deficit £000

(36,480) 7,300 –

13,657 (15,523)

unrestricted funds £000

140,218 (3,834) 510

13,657 150,551

Included within general funds are the following amounts: revaluation reserve relating to cumulative net unrealised losses on revalued investments of £0.5 million (2010: £0.5 million); and undistributed profits from trading subsidiaries of £9.6 million (2010: £8.9 million).

196,368 3,367 808 (1)

(701) –

(18,192) 181,649

Pension deficit £000

(36,480) 7,300 – – –

13,657 –

(15,523)

unrestricted funds £000

159,888 10,667 808 (1)

(701) 13,657

(18,192) 166,126

Annual Report and Accounts / Notes to the Accounts / 51