Carphone Warehouse 2016 Annual Report Download - page 106
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Notes to the Group financial statements
104
3 Revenue and profit / (loss) before interest, taxation and share of results of joint ventures continued
Profit / (loss) before interest and taxation for continuing operations is stated after charging / (crediting) the following:
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Depreciation of property, plant & equipment 98 83
A
mortisation of acquisition intangibles 40 35
A
mortisation of other intangibles 39 31
Impairment of trade receivables 11 8
Impairment of inventory 55 68
Loss on disposal of property, plant & equipment 1 5
Cost of inventory recognised as an expense 7,343 6,069
Rentals paid under operating leases:
Non-contingent rent 340 304
Contingent rent 17 22
Rentals received under operating leases – subleases (6) (5)
Investment property rental income (1) (1)
Net foreign exchange losses 2 1
Share-based payments expense 10 10
Other employee costs (see note 5) 1,051 890
Auditor’s remuneration comprises the following:
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Fees payable to the Company’s auditor for the audit of the Company’s annual accounts 0.1 0.1
Fees payable to the Company’s auditor and its associates for their audit of the
Company’s subsidiaries 1.4 1.9
Total audit fees 1.5 2.0
Tax advisory services — 0.2
Tax compliance services 0.2 0.2
Other assurance services 0.2 1.3
Other services — 0.2
1.9 3.9
In addition to the above fees, £0.1m (2014/15: £0.1m) of non-audit fees were paid to the auditor in respect of tax compliance and
tax advisory services to discontinued operations. Other assurance services in the prior period related primarily to the Merger in
respect of which the external auditor acted as reporting accountant.
00_DC 2016 Annual Report.pdf 104 11/07/2016 18:34