Hi BA Beancounter .
I haven't got time now to sort through the accounts ( though I will post the evidence in the next few dates) .
There is no need for doubt though.
The figures I do recall are ;
BA has £11 and a half billion of fixed assets on the balance sheet.
Return on investment is currently 10.25%
Basically; my quote of "2.4billion of assets not used for operational purposes" is taken from a presentation by a very respected accountant at the BALPA pension meeting. Others may be able to offer you a better description.
As I said BA can afford to pay.
These aren't my words, but I think they are appropriate "The company's pension proposal is the final straw for me. Not only is it a poor offer, but it has been deviously designed to CON the majority into thinking it is not too bad. I find this so immoral, and if they are happy to do this to their employees, they are presumably happy to shaft their customers too."
Last edited by Shuttleworth; 8th Apr 2006 at 22:38.