Notes to the financial statements
4 Profit before taxation
The following items have been included in arriving at profit before taxation:
|
2009
£m |
2008
£m |
| Net foreign exchange losses/(gains) |
3.6 |
(8.0) |
| Depreciation of property, plant, and equipment |
|
|
| – owned assets |
371.5 |
290.4 |
| – under finance leases |
10.2 |
5.9 |
| Amortisation of intangibles |
27.3 |
21.3 |
| Profit on property disposals |
(6.4) |
(27.0) |
| Operating lease rentals payable |
|
|
| – property |
200.5 |
167.5 |
| – fixtures, fittings and equipment |
10.1 |
8.4 |
| Exceptional costs (see note 5) |
135.9 |
– |
| Exceptional pension credit (see note 5) |
(231.3) |
(95.0) |
Included in administrative expenses is the auditors’ remuneration, including expenses for audit and non-audit services, payable to the Company’s auditors PricewaterhouseCoopers and its associates as follows:
|
2009
£m |
2008
£m |
| Statutory audit services |
|
|
| Annual audit of the Company and the consolidated accounts |
0.4 |
0.3 |
| Audit of subsidiary companies |
0.9 |
0.8 |
|
1.3 |
1.1 |
| Non-audit-related services |
|
|
| Other services pursuant to legislation |
0.1 |
0.3 |
| Tax advisory services |
0.3 |
0.4 |
| Other services |
0.2 |
0.1 |
|
0.6 |
0.8 |