Notes to the consolidated
financial statements
30. Directors and key management compensation
Directors
Aggregate emoluments of the directors of the Company were as follows:
| 2010 £m | 2009 £m | 2008 £m |
|
|---|---|---|---|
| Salaries and fees | 5 | 4 | 5 |
| Incentive schemes | 3 | 2 | 4 |
| Benefits | 1 | – | 1 |
| Other(1) | – | 1 | – |
| 9 | 7 | 10 |
- Note:
-
- (1)
- Other amounts in 2009 include the value of the cash allowance taken by some individuals in lieu of pension contributions and payments in respect of loss of office and relocation to the US.
The aggregate gross pre-tax gain made on the exercise of share options in the year ended 31 March 2010 by directors who served during the year was £1 million (2009: £nil, 2008: £nil).
Further details of directors’ emoluments can be found in “Directors’ remuneration”.
Key management compensation
Aggregate compensation for key management, being the directors and members of the Executive Committee, was as follows:
| 2010 £m | 2009 £m | 2008 £m |
|
|---|---|---|---|
| Short-term employee benefits | 21 | 17 | 20 |
| Post-employment benefits: | |||
| Defined benefit schemes | – | – | 1 |
| Defined contribution schemes | 1 | 1 | 1 |
| Share-based payments | 20 | 14 | 10 |
| 42 | 32 | 32 |
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