Preliminary Results -15-

These amendments are disclosed in note 12.

19 Related party transactions

Group

The following transactions were undertaken with the joint venture entities to which the Group is party:

 
                                               2011   2010 
                                               GBPm   GBPm 
============================================  =====  ===== 
Sales to joint venture entities                21.1   20.9 
Purchases from joint venture entities           0.5    0.8 
Net amount due to the Group at the year-end     4.2    5.5 
============================================  =====  =====

Loans to related parties:

 
                                  2011   2010 
                                  GBPm   GBPm 
===============================  =====  ===== 
Balance at 1 August                1.2    1.0 
Loans advanced during the year     6.6    2.9 
Loan repayments received         (7.8)  (2.7) 
Balance at 31 July                   -    1.2 
===============================  =====  =====

The loans to related parties are to joint venture companies.

The Group made contributions of GBP11.6m (2010: GBP14.5m) to the defined benefit pension schemes during the year.

Compensation paid to key management of the Group was GBP2.7m for the year (2010: GBP2.4m).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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