Notes to the financial statements
3 Expense analysis
|
|
|
2009 |
|
|
|
2008 |
|
Before
property
disposals
and
exceptional
items
£m |
Property
disposals
and
exceptional
items
£m |
Total
£m |
|
Before
property
disposals
and
exceptional
items
£m |
Property
disposals
and
exceptional
items
£m |
Total
£m |
| Revenue |
9,062.1 |
– |
9,062.1 |
|
9,022.0 |
– |
9,022.0 |
| Cost of sales |
(5,690.2) |
– |
(5,690.2) |
|
(5,535.2) |
– |
(5,535.2) |
| Gross profit |
3,371.9 |
– |
3,371.9 |
|
3,486.8 |
– |
3,486.8 |
| Selling and marketing expenses |
(2,074.4) |
– |
(2,074.4) |
|
(1,912.7) |
– |
(1,912.7) |
| Administrative expenses |
(570.1) |
– |
(570.1) |
|
(534.5) |
– |
(534.5) |
| Other operating income |
41.5 |
– |
41.5 |
|
49.7 |
– |
49.7 |
| Profit on property disposals |
– |
6.4 |
6.4 |
|
– |
27.0 |
27.0 |
| Exceptional costs (see note 5) |
– |
(135.9) |
(135.9) |
|
– |
– |
– |
| Exceptional pension credit (see note 5) |
– |
231.3 |
231.3 |
|
– |
95.0 |
95.0 |
| Operating profit |
768.9 |
101.8 |
870.7 |
|
1,089.3 |
122.0 |
1,211.3 |
The cost of sales above includes inventories recognised as an expense in the year.
The selling and marketing expenses and administrative expenses in the table above are further analysed in the table below:
|
|
|
2009 |
|
|
|
2008 |
|
Selling and
marketing
expenses
£m |
Administrative
expenses
£m |
Total
£m |
|
Selling and
marketing
expenses
£m |
Administrative
expenses
£m |
Total
£m |
| Employee costs (see note 10A) |
923.2 |
231.1 |
1,154.3 |
|
920.4 |
230.1 |
1,150.5 |
| Occupancy costs |
439.2 |
77.5 |
516.7 |
|
366.9 |
64.8 |
431.7 |
| Repairs, renewals and maintenance of property |
76.6 |
19.1 |
95.7 |
|
79.0 |
19.8 |
98.8 |
| Depreciation |
343.5 |
38.2 |
381.7 |
|
266.7 |
29.6 |
296.3 |
| Amortisation |
24.6 |
2.7 |
27.3 |
|
19.2 |
2.1 |
21.3 |
| Other costs |
267.3 |
201.5 |
468.8 |
|
260.5 |
188.1 |
448.6 |
| Operating expenses |
2,074.4 |
570.1 |
2,644.5 |
|
1,912.7 |
534.5 |
2,447.2 |