41 Discontinued operations

The results of the discontinued operations included in the consolidated income statement were:

	2010 £ million	2009 £ million
Profit of the Insulators and Alumina businesses	–	0.9
Costs accrued on disposal of Ceramics Division	–	0.3
Profit for the year from discontinued operations	–	1.2

On 26th November 2008 the group sold its non-core Insulators and Alumina businesses, that it acquired as part of the Argillon Group in February 2008, to Lapp Insulator GmbH & Co. These businesses had been classified as held for sale since acquisition. The proceeds received were £20.1 million in cash and a £1.7 million loan note. Costs incurred were £2.3 million.

On 28th February 2007 the group sold its Ceramics Division and costs were accrued at that time. £0.2 million of those costs were paid in the year ended 31st March 2009 and a further £0.3 million will not be incurred and so the accrual for these has been released.