Year ended 31 July 2006
9. Retirement benefit obligations
The Company participates in the Wolseley Group Retirement Benefits Plan. This is a defined benefit multi-employer plan, the assets and liabilities of which are held independently from the Group. The Company is unable to identify its share of the underlying assets and liabilities of the plan and accordingly accounts for the plan as if it were a defined contribution plan. Information in respect of the plan is provided in note 27 to the Wolseley plc consolidated financial statements.
