LUXFER HOLDINGS PLC | CIK:0001096056 | 3

  • Filed: 3/19/2018
  • Entity registrant name: LUXFER HOLDINGS PLC (CIK: 0001096056)
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    • ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory

    The movement in the pension liabilities is shown below:
     
     
    2017
     
    2016
     
     
     
    $M
     
    $M
     
     
    Balance at January 1
    66.5

     
    58.9

     
     
    (Credited) / charged to the consolidated income statement:
     
     
     
     
     
    Past service credit
    —

     
    —

     
     
    Curtailment credit
    —

     
    (0.6
    )
     
     
    Current service cost
    0.1

     
    0.4

     
     
    Net interest on net liability
    1.8

     
    2.0

     
     
    Administrative costs
    0.7

     
    0.9

     
     
    Total charge for defined contribution plans
    4.0

     
    3.7

     
     
    Cash contributions
    (12.9
    )
     
    (10.9
    )
     
     
    (Credited) / charged to the consolidated statement of comprehensive income
    (9.5
    )
     
    21.7

     
     
    Exchange difference
    4.6

     
    (9.6
    )
     
     
    Balance at December 31
    55.3

     
    66.5

     
    Analysis of movement in the present value of the fair value of plan assets:
     
     
    2017
     
    2017
     
    2017
     
    2016
     
    2016
     
    2016
     
     
     
    U.K.
     
    Non-U.K.
     
    Total
     
    U.K.
     
    Non-U.K.
     
    Total
     
     
     
    $M
     
    $M
     
    $M
     
    $M
     
    $M
     
    $M
     
     
    At January 1
    280.3

     
    36.6

     
    316.9

     
    287.1

     
    49.4

     
    336.5

     
     
    Interest on plan assets
    7.5

     
    1.5

     
    9.0

     
    9.4

     
    2.1

     
    11.5

     
     
    Actuarial gains
    20.4

     
    3.8

     
    24.2

     
    43.7

     
    1.2

     
    44.9

     
     
    Exchange difference
    27.4

     
    —

     
    27.4

     
    (49.8
    )
     
    —

     
    (49.8
    )
     
     
    Contributions from employer
    7.0

     
    1.9

     
    8.9

     
    6.0

     
    1.2

     
    7.2

     
     
    Contributions from plan members
    —

     
    —

     
    —

     
    0.1

     
    —

     
    0.1

     
     
    Administrative expenses
    (0.2
    )
     
    (0.5
    )
     
    (0.7
    )
     
    (0.4
    )
     
    (0.5
    )
     
    (0.9
    )
     
     
    Benefits paid
    (16.1
    )
     
    (2.1
    )
     
    (18.2
    )
     
    (15.8
    )
     
    (2.6
    )
     
    (18.4
    )
     
     
    Settlement credit
    —

     
    —

     
    —

     
    —

     
    (14.2
    )
     
    (14.2
    )
     
     
    At December 31
    326.3

     
    41.2

     
    367.5

     
    280.3

     
    36.6

     
    316.9

     
    Analysis of movement in the present value of the defined benefit obligations:
     
     
    2017
     
    2017
     
    2017
     
    2016
     
    2016
     
    2016
     
     
     
    U.K.
     
    Non-U.K.
     
    Total
     
    U.K.
     
    Non-U.K.
     
    Total
     
     
     
    $M
     
    $M
     
    $M
     
    $M
     
    $M
     
    $M
     
     
    At January 1
    334.8

     
    48.6

     
    383.4

     
    334.4

     
    61.0

     
    395.4

     
     
    Service cost
    —

     
    0.1

     
    0.1

     
    0.3

     
    0.1

     
    0.4

     
     
    Interest on obligation
    8.9

     
    1.9

     
    10.8

     
    10.9

     
    2.6

     
    13.5

     
     
    Contributions from plan members
    —

     
    —

     
    —

     
    0.1

     
    —

     
    0.1

     
     
    Actuarial gains on financial assumptions
    6.9

     
    3.8

     
    10.7

     
    67.5

     
    2.6

     
    70.1

     
     
    Actuarial gains on plan experience
    3.5

     
    0.5

     
    4.0

     
    (3.3
    )
     
    (0.2
    )
     
    (3.5
    )
     
     
    Exchange difference
    31.7

     
    0.3

     
    32.0

     
    (59.3
    )
     
    (0.1
    )
     
    (59.4
    )
     
     
    Benefits paid
    (16.1
    )
     
    (2.1
    )
     
    (18.2
    )
     
    (15.8
    )
     
    (2.6
    )
     
    (18.4
    )
     
     
    Curtailment credit
    —

     
    —

     
    —

     
    —

     
    (14.8
    )
     
    (14.8
    )
     
     
    At December 31
    369.7

     
    53.1

     
    422.8

     
    334.8

     
    48.6

     
    383.4