Legal & General - Annual Report and Accounts 2010

2010

2009

1.	The private equity investment vehicles are controlled by virtue of majority holdings owned by the with-profits part of the LTF. The increase during the year was driven by the acquisition of Snow + Rock Sports Limited and Amber Taverns Limited. The £12m (2009: £8m) costs of employment for private equity investment subsidiaries primarily comprise salaries.

Average number of staff employed during the year:

7,275

8,143

Europe

395

380

USA

401

417

Total excluding consolidated private equity investment vehicles

8,071

8,940

Consolidated private equity investment vehicles¹

591

384

Worldwide employees

8,662

9,324

Notes

2010
£m

2009
£m

Salaries

316

310

Social security costs

Share-based incentive awards

Defined benefit pension costs

Defined contribution pension costs

Total excluding consolidated private equity investment vehicles

459

446

Consolidated private equity investment vehicles¹

471

454

9 Employee information.