Pensions

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Pensions

Pensions

Components of net periodic pension benefit cost are as follows:

	Three months ended				Six months ended
	June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
	$’000		$’000		$’000		$’000
Service cost	—		—		—		—
Interest cost on projected benefit obligation	279		294		554		591
Expected return on assets	(291	)	(227	)	(578	)	(456	)
Net amortization and deferrals	140		228		279		458
Net periodic benefit cost	128		295		255		593

During the three and six months endedJune 30, 2014, contributions were made to Belmond’s U.K. defined benefit pension plan of $540,000 (June 30, 2013 - $497,000) and $1,077,000 (June 30, 2013 - $999,000), respectively. Belmond anticipates contributing an additional $1,250,000 to fund the plan in 2014 for a total of $2,327,000.