Accounting for Pensions Survey 2000 
Appendix 2 - Detailed disclosure listing


This table shows the disclosures made by the companies surveyed and the corresponding ranking score as explained in section 5.
Where a range was quoted that made the disclosure of no use, we have shown that item as not being disclosed, and the same applies if dividend growth is quoted as an absolute number without quoting the interest return assumption.
Where sufficient information was given to show the actuarial value used for assets, eg if un-smoothed market value is used, this is counted the same as disclosing the dividend growth rate on the more common discounted income model.

Company Dividend growth Pension increases Spreading method Split of regular cost and variation Total score
3i YES YES NO NO 16
Abbey National NO YES NO NO 11
Alliance & Leicester NO YES YES YES 15
Allied Domecq YES YES NO NO 16
Associated British Foods YES NO NO NO 15
AstraZeneca YES YES YES NO 18
BAA YES YES YES YES 20
Bank of Scotland YES YES YES NO 18
Barclays YES YES YES YES 20
Bass YES YES NO YES 18
BAT NO YES YES YES 15
BG YES YES NO YES 18
Blue Circle YES YES YES NO 18
BOC YES YES YES YES 20
Boots YES YES NO NO 16
BP Amoco NO YES NO NO 11
British Aerospace YES YES YES NO 18
British Airways YES YES NO NO 16
British Steel YES YES NO YES 18
BT YES YES NO NO 16
Cable & Wireless YES YES NO YES 18
Cadbury Schweppes YES YES YES NO 18
Carlton YES YES YES NO 18
Centrica YES YES YES YES 20
CGU NO YES NO NO 11
CMG YES NO NO NO 15
Compass NO YES NO NO 11
Daily Mail YES YES YES YES 20
Diageo YES YES YES NO 18
Dixons NO YES YES YES 15
EMI YES YES NO NO 16
GEC YES YES NO NO 16
GKN YES YES NO YES 18
Glaxo YES YES YES YES 20
Granada YES YES NO NO 16
GUS YES YES NO NO 16
Halifax YES YES YES NO 18
Hanson YES YES YES NO 18
Hays YES YES NO NO 16
Hilton YES YES YES YES 20
HSBC YES YES NO NO 16
ICI NO YES NO NO 12
Imperial Tobacco YES YES NO NO 16
Invensys NO NO YES YES 14
Kingfisher YES YES NO NO 16
Land Securities YES NO YES NO 17
Legal & General YES YES YES YES 20
Lloyds TSB YES YES YES NO 18
Marks & Spencer YES YES NO YES 18
National Grid YES YES NO YES 18
National Power YES YES NO NO 16
Natwest YES YES NO NO 16
Norwich Union NO YES NO NO 11
P & O NO YES NO NO 11
Pearson YES YES NO YES 18
PowerGen NO YES NO YES 13
Prudential YES YES NO NO 16
Railtrack YES NO NO NO 15
Reckitt Benckiser YES YES YES YES 20
Reed Elsevier YES YES YES YES 20
Rentokil YES YES NO NO 16
Rio Tinto YES YES YES NO 18
Rolls Royce YES YES YES NO 18
Royal & Sun Alliance NO YES NO NO 11
Royal Bank of Scotland NO YES NO NO 11
Sainsbury YES YES NO YES 18
Schroders YES YES YES YES 20
Scottish & Newcastle YES YES NO NO 16
Scottish & Southern Energy YES YES NO NO 16
Scottish Power NO YES NO NO 11
Sema NO YES NO NO 11
SmithKline Beecham NO YES NO YES 13
Standard Chartered YES YES YES YES 20
Sun Life & Provincial YES YES YES NO 18
Tesco YES YES YES NO 18
Thames Water YES YES YES YES 20
Unilever NO YES YES YES 15
United News & Media NO YES YES YES 15
United Utilities YES YES NO NO 16
Vodafone YES NO NO NO 15
Whitbread YES YES YES NO 18
Wolseley NO YES NO NO 11
Woolwich NO YES YES NO 13
WPP NO YES NO NO 11

The 84 companies listed above were analysed in depth. Those not analysed were: Amvescap, ARM Holdings, BSkyB, COLT, Energis, Logica, Misys, Reuters, Sage and Telewest (no defined benefit provision); Allied Zurich, Anglo American and Shell (do not report under UK GAAP), Billiton, Old Mutual and South African Breweries (wholly overseas).

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