(Download XLS:)  |
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Notes |
2008 |
2007 |
|---|---|---|---|
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The following items have been included in arriving at profit before income tax: |
|
|
|
|
– Depreciation on plant and equipment |
23 |
20 | |
|
– Amortisation of purchased interest in long term businesses and other intangibles |
30 |
3 | |
|
– Operating lease rentals |
|
24 |
25 |
|
– Reinsurance commissions |
|
(10) |
(14) |
|
– Direct operating expenses arising from investment properties which generate rental income |
|
19 |
16 |
During the year, the [Group] entered into prospective reinsurance arrangements which resulted in a profit of £130m (2007: £145m). This profit has been reflected in the consolidated income statement for the year.