Carphone Warehouse 2014 Annual Report Download - page 74
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Annual Report 2014
72
FINANCIAL STATEMENTS
Notes to the Group financial statements continued
3 PROFIT (LOSS) BEFORE INTEREST AND TAXATION
Profit (loss) before interest and taxation is stated after charging (crediting) the following:
2014 2013
£m £m
Depreciation of property, plant and equipment 18 1
Amortisation of acquisition intangibles 16 —
Amortisation of other intangibles 16 —
Impairment of property, plant and equipment —1
Impairment of trade receivables 19 —
Impairment of stock 38 —
Profit on disposal of property, plant and equipment —(3)
Investment property rental income (2) (6)
Cost of stock recognised as an expense 1,782 —
Net rental expense 88 —
Share-based payments expense 4—
Other employee costs (see note 5) 284 5
Auditors’ remuneration comprises the following:
2014 2013
£m £m
Fees payable to the Company’s auditors for the audit of the Company’s annual accounts 0.1 0.1
Fees payable to the Company’s auditors and their associates for their audit of the Company’s subsidiaries 1.3 —
Tax advisory services 0.5 —
Tax compliance services 0.2 —
Other assurance services 0.6 —
2.7 0.1
The Group’s share of audit fees in the year for joint ventures was £.m (: £.m) and the Group’s share of fees for their taxandother
services was £.m (: £.m). Other assurance services for the year ended March relate primarily to the CPW Europe Acquisition,
in respect of which the external auditors acted as reporting accountant.