Notes to the accounts
11 Employees
|
Year ended 31 July 2008 |
Period ended 31 July 2007 |
|||||
|
Total |
Continuing |
Discontinued |
Total |
|||
|
Staff costs during the period |
||||||
|
Wages and salaries |
545.8 |
528.1 |
295.6 |
823.7 |
||
|
Social security |
67.3 |
62.4 |
25.4 |
87.8 |
||
|
Share-based payment (note 31) |
12.9 |
10.4 |
3.5 |
13.9 |
||
|
Pension costs (including defined contribution schemes) (note 10) |
36.4 |
44.3 |
18.0 |
62.3 |
||
|
662.4 |
645.2 |
342.5 |
987.7 |
|||
The average number of persons employed was:
|
Year ended |
Period ended |
|
|
Detection |
2,300 |
2,100 |
|
Medical |
8,400 |
8,000 |
|
Specialty Engineering: |
||
|
John Crane |
6,400 |
5,600 |
|
Specialty – Other |
5,500 |
5,100 |
|
Continuing operations |
22,600 |
20,800 |
|
Discontinued operations |
8,300 |
|
|
22,600 |
29,100 |
Key management
The key management of the Group comprises Smiths Group plc Board directors and Group Managing Directors who are not Board members during the year and their aggregate compensation is shown below. Details of directors’ remuneration are contained in the report of the Remuneration Committee.
|
Year ended |
Period ended |
|
|
Key management compensation |
||
|
Salaries and short-term employee benefits |
7.6 |
6.6 |
|
Cost of post-retirement benefits |
1.0 |
1.2 |
|
Cost of share-based incentive plans |
5.6 |
2.8 |
No member of key management had any material interest during the period in a contract of significance (other than a service contract or a qualifying third party indemnity provision) with the Company or any of its subsidiaries. Options and awards held at the end of the period by key management in respect of the Company’s share-based incentive plans were:
|
Year ended 31 July 2008 |
Period ended 31 July 2007 |
|||
|
Number of |
Weighted |
Number of |
Weighted |
|
|
CIP |
306 |
£0.00 |
425 |
£0.00 |
|
DSS |
109 |
£0.00 |
||
|
ESOS |
177 |
£8.06 |
413 |
£8.57 |
|
PSP |
795 |
£0.00 |
1,067 |
£0.00 |
|
SAYE |
9 |
£8.32 |
14 |
£6.96 |
The disclosure above does not include options held by individuals who retired before the year end.