Engineering firm Renishaw has seen its deficit increase by more than £3m in the last year despite a strong performance from its assets.
The firm's deficit rose to £42m over 2012 despite assets values rising by 11.5% to £102m. However, liabilities rose by 12.9% to £144.6m which included a £8.9m increase in liability under IFRIC14...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date