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Wolseley Annual Report 2009
Notes to the company financial statements
Year ended 31 July 2009
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17. Related party transactions
The Company has taken advantage of the exemption available under the terms of paragraph 3 (a) of FRS 8 “Related Party Disclosures” to dispense with the requirement to disclose transactions with subsidiaries, 90 per cent or more whose voting rights are held within the Group, and which are included in the Wolseley plc consolidated financial statements.
Page 17 of 18
< Previous 16. Dividends
18. Accounting standards and interpretations that are not yet effective > Next