2015

After Green sells BHS to a group of City investors for £1, pension trustees write to members, warning that the company’s two funds had a combined deficit of £225.6m

Over the past 16 years, the BHS pension fund has fallen from a £5m surplus into a £571m deficit

2002

£17m

surplus

DEFICIT

SURPLUS

25 April 2016

The pension deficit is potentially £571m on the basis that the company is facing insolvency. Green is understood to have offered £40m in cash to help support the fund – which has 20,000 members

2008

The financial crash sees the surplus shrink to £3.4m

2009

The fund records a defecit of £137.9m. BHS agree to inject additional contributions of £2.5m, rising to £7.3m in 2012, as part of a 23-year recovery plan for the deficit

March 2001

Accounts for BHS Group filed at Companies House indicate a surplus of at least £5m

May 2000

Philip Green buys BHS

Guardian graphic

2002

£17m

surplus

DEFICIT

SURPLUS

25 April 2016

The pension deficit is potentially £571m on the basis that the company is facing insolvency. Green is understood to have offered £40m in cash to help support the fund – which has 20,000 members

2008

The financial crash sees the surplus shrink to £3.4m

2015

After Green sells BHS to a group of City investors for £1, pension trustees write to members, warning that the company’s two funds had a combined deficit of £225.6m

2009

The fund records a deficit of £137.9m. BHS agree to inject additional contributions of £2.5m, rising to £7.3m in 2012, as part of a 23-year recovery plan for the deficit

March 2001

Accounts for BHS Group filed at Companies House indicate a surplus of at least £5m

May 2000

Philip Green

buys BHS

Guardian graphic

Over the past 16 years, the BHS pension fund has

fallen from a £5m surplus into a £571m deficit