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Annual Report and Accounts 2009

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9 Profit before income tax.

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	Notes	2009 £m	2008 £m
The following items have been included in arriving at profit before income tax:
– Depreciation on plant and equipment	17	(19)	(23)
– Amortisation of purchased interest in long term businesses and other intangibles	22	(66)	(30)
– Operating lease rentals		(24)	(24)
– Reinsurance commissions		11	10
– Direct operating expenses arising from investment properties which generate rental income		(34)	(19)
– Redundancy costs		(26)	–

During the year, the Group entered into prospective reinsurance arrangements which resulted in a profit of £142m (2008: £130m). This profit has been reflected in the consolidated income statement for the year.

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