Pearson

Annual Report and Accounts 2010

Notes to the consolidated financial statements

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23. Provisions for other liabilities and charges

All figures in £ millions Deferred consideration Leases Other Total
At 1 January 2010 38 9 21 68
Exchange differences 1 1 2
Charged to income statement 2 5 7
Deferred consideration on acquisition – current year 8 8
Deferred consideration on acquisition – prior year adjustments (10) (10)
Acquisition through business combination – current year 10 10
Utilised (20) (5) (25)
At 31 December 2010 29 10 21 60
All figures in £ millions 2010 2009
Analysis of provisions
Non-current 42 50
Current 18 18
60 68

Deferred consideration primarily relates to the acquisition of Fronter in 2009.