BT 2015 Annual Report Download - page 161

159
Overview
The Strategic Report
Purpose and strategy Delivering our strategy Group performance Governance Financial statements
Additional information
2SHUDWLQJFRVWV
Year ended 31 March Notes
2015
£m
2014
£m
2013
£m
2SHUDWLQJFRVWVE\QDWXUH
ta costs
Wages and salaries 3,574 3,736 3,879
Social security costs 440 444 443
Other pension costs 19 467 463 399
Share-based payment expense 21 70 60 64
7RWDOVWDƪFRVWV   
Own work capitalised 91 00 0
1HWVWDƪFRVWV   
Net indirect labour costsa 324 452 499
Net labour costs   
Payments to telecommunications operators 2,144 2,472 2,677
Property and energy costs 968 959 1,022
Network operating and IT costs 605 591 587
TV programme rights charges 330 203 –
Other operating costs 3,573 3,672 3,552
Other operating income  1 0
Depreciation of property, plant and equipment
Owned assets 13 1,997 2,090 2,175
eld under finance leases 13 11 22 19
Amortisation of intangible assets 12 530 583 649
7RWDORSHUDWLQJFRVWVEHIRUHVSHFLƬFLWHPV   
pecific ites 8 381 276 116
7RWDORSHUDWLQJFRVWV   
peratin costs before specific ites include the followin
Leaver costsb 81458
Research and development expenditurec 662 739 829
Operating lease charges 388 390 423
Foreign currency gains 1  
Government grants  10 1
a1HWRIFDSLWDOLVHGLQGLUHFWODERXUFRVWVRI~P~P~P
b/HDYHUFRVWVDUHLQFOXGHGZLWKLQZDJHVDQGVDODULHVDQGVRFLDOVHFXULW\FRVWVH[FHSWIRUOHDYHUFRVWVRI~P~P~PDVVRFLDWHGZLWKUHVWUXFWXULQJZKLFKKDYHEHHQ
UHFRUGHGDVDVSHFLƬFLWHP
c5HVHDUFKDQGGHYHORSPHQWH[SHQGLWXUHUHSRUWHGLQWKHLQFRPHVWDWHPHQWLQFOXGHVDPRUWLVDWLRQRI~P~P~PLQUHVSHFWRILQWHUQDOO\GHYHORSHGFRPSXWHUVRIWZDUH
DQGRSHUDWLQJH[SHQVHVRI~P~P~P,QDGGLWLRQWKHJURXSFDSLWDOLVHGVRIWZDUHGHYHORSPHQWFRVWVRI~P~P~P.
Compensation of key management personnel
Key management personnel comprise executive and non-executive directors and members of the Operating Committee . Compensation of key
management personnel is shown in the table below:
Year ended 31 March
2015
£m
2014
£m
2013
£m
hort-ter eploee benefits 9.7 11.1 10.5
ost eploent benefits 1.1 1.0 1.1
Share-based payments 5.7 6.4 6.0
erination benefits 0.5 – –
17.0 18.5 17.6
More detailed information concerning directors’ remuneration, shareholdings, pension entitlements, share options and other long-term incentive
plans is shown in the audited part of the 5HSRUWRQ'LUHFWRUVo5HPXQHUDWLRQsee paes 111 to 129), which forms part of the consolidated
financial stateents.