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Wolseley plc

Annual Report and Accounts 2007


Note 35 Turn Page Note 37

Notes to the consolidated financial statements

Year ended 31 July 2007

36. Related party transactions

There are no related party transactions requiring disclosure under IAS 24, Related Party Disclosures other than the compensation of key management personnel which is set out in the following table.

  2007 2006
Key management personal compensation (including Directors) £m £m
Salaries, bonuses and other short-term employee benefits 6 9
Termination and post-employment benefits 1 1
Share-based payments 2 4
Total compensation 9 14

More detailed disclosures on the remuneration of the Directors are provided in the Remuneration report.