IAS 19 para 139(b) disclosure of risks, with additional disclosure of mitigation including LDI portfolio

Carclo plc – Annual report – 31 March 2018

Industry: manufacturing

22 Retirement benefit obligations (extract)

The Scheme exposes the Group to actuarial risks and the key risks are set out in the table below. In each instance these risks would detrimentally impact the Group’s balance sheet position and may give rise to increased interest costs in the Group income statement. The Trustees could require higher cash contributions or additional security from the Group.

The Trustees manage governance and operational risks through a number of internal controls policies, including a risk register and integrated risk management.