Is this covered in the New Agreement?
Lets suppose the government pays off the pension black hole - I think RM said in a recent Courier that they had made yearly group profits of around 300million despite making payment of around 600 million into black hole - so next year balance-sheet profits could read 800million. Add to this new work from d2d with ALL of the money from this going to RM that could potentially add another 200million (what with special Sat rate d2d)? That comes to 1BILLION pounds profit per year by my very rough estimate. So what share of this massive increase in future profits does the New Agreement guarantee us?
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Our share of future profits
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proper postie
- Posts: 328
- Joined: 11 Mar 2010, 18:26
- Gender: Male
Re: Our share of future profits
Isn't this lump sum replacing the colleague shares? This thing is so f***ing vagueopgpat wrote:Is this covered in the New Agreement?
Lets suppose the government pays off the pension black hole - I think RM said in a recent Courier that they had made yearly group profits of around 300million despite making payment of around 600 million into black hole - so next year balance-sheet profits could read 800million. Add to this new work from d2d with ALL of the money from this going to RM that could potentially add another 200million (what with special Sat rate d2d)? That comes to 1BILLION pounds profit per year by my very rough estimate. So what share of this massive increase in future profits does the New Agreement guarantee us?
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opgpat
- Posts: 878
- Joined: 08 Oct 2007, 21:56
Re: Our share of future profits
Yeah but that would be a one-off payment. I'm thinking about future profits - 2012 and beyond. RM will be raking it in with no pension black hole.
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proper postie
- Posts: 328
- Joined: 11 Mar 2010, 18:26
- Gender: Male
Re: Our share of future profits
You'd be better asking that on a TNT board mate!opgpat wrote:Yeah but that would be a one-off payment. I'm thinking about future profits - 2012 and beyond. RM will be raking it in with no pension black hole.
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Big Daz
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Re: Our share of future profits
Group profits is 321 million
Factor in 280 million pension money no longer going to the deficit
Same figure again when loan is paid off
Turn 100 million loss on DSA into 100 million profit
Total 1 Billion pounds
35 hour week 400 basic for all CWU grades in RML, POL and PF?
Factor in 280 million pension money no longer going to the deficit
Same figure again when loan is paid off
Turn 100 million loss on DSA into 100 million profit
Total 1 Billion pounds
35 hour week 400 basic for all CWU grades in RML, POL and PF?