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9 Employees (continued)
Key management include directors of group companies, members of the group’s management boards and officers of the group. Key management compensation includes salaries, national insurance costs, pension costs and the cost of other employment benefits, such as company cars, private medical insurance and termination payments.
Key management participate in the group’s long service leave scheme, which is open to all employees and provides up to six months’ paid leave after 25 years’ service. There is no proportional entitlement for shorter periods of service. It is not practical to allocate the cost of accruing entitlement to this benefit to individuals, and so no allowance has been made for this benefit in the amounts disclosed.
10 Intangible assets
Computer software
Purchased Internally developed Work in progress Total
Consolidated £m £m £m £m
Cost
At 26 January 2008 26.6 97.2 8.8 132.6
Additions 1.0 – 38.2 39.2
Transfers 6.0 11.8 (17.8) –
Disposals (2.7) (2.8) – (5.5)
At 31 January 2009 30.9 106.2 29.2 166.3
Additions 2.4 5.4 25.4 33.2
Transfers 2.6 26.5 (29.1) –
Disposals – (3.6) – (3.6)
At 30 January 2010 35.9 134.5 25.5 195.9
Aggregate amortisation
At 26 January 2008 17.0 48.7 – 65.7
Charge for the year 5.0 16.0 – 21.0
Disposals (2.7) (2.8) – (5.5)
At 31 January 2009 19.3 61.9 – 81.2
Charge for the year 8.1 16.3 – 24.4
Disposals – (2.2) – (2.2)
At 30 January 2010 27.4 76.0 – 103.4
Net book value at 31 January 2009 11.6 44.3 29.2 85.1
Net book value at 30 January 2010 8.5 58.5 25.5 92.5
For the year to 30 January 2010 computer systems totalling £29.1m (2009: £17.8m) were brought into use. This covered a range of selling, support, administration and IT infrastructure applications, with asset lives ranging from three to seven years.
Amortisation of intangible assets is charged within operating expenses.
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