That's the thing. I don't believe the annual report comes out until June, so (as far as management is concerned) this is perfectly timed.
We will no doubt end up with a similar situation to our last pay deal. Shafted over bleatings of the company going under, company being skint, recession, and then after accepting a miserly, strings laden pay deal, they announce £100m+ profits in June...AGAIN!!
We seem to fall for managements sob story every time.