Carphone Warehouse 2016 Annual Report Download - page 109

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107
5 Employee costs and share-based payments
a) Employee costs
The aggregate remuneration recognised in the income statement for continuing operations is as follows:
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Salaries and performance bonuses 921 781
Social security costs 107 89
Other pension costs 23 20
1,051 890
Share-based payments 10 10
1,061 900
Aggregate remuneration for discontinued operations are salaries and performance bonuses of £6 million (2014/15: £46 million),
social security costs of £1 million (2014/15: £8 million) and other pension costs of £nil (2014/15: £1 million).
The average number of employees for continuing operations is:
Year ended
30 April
2016
Number
13 months
ended
2 May
2015
Number
UK & Ireland 27,608 23,582
Nordics 10,283 6,492
Southern Europe 3,764 2,675
Connected World Services 192 85
41,847 32,834
The average number of employees for discontinued operations is 341 (2014/15: 2,127).
Compensation earned by key management, comprising the Board of directors and senior executives, is as follows:
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Short-term employee benefits 12 15
Termination benefits — 1
Share-based payments 2 1
14 17
During the 13 months ended 2 May 2015 and year ended 29 March 2014 loans were advanced to members of key management
in relation to the Carphone Warehouse Share Plan. At 30 April 2016, loans to key management in relation to these schemes
totalled £10 million (2015: £16 million). Interest is charged on loans at market rates and interest of £0.3 million has been
recognised during the period (2014/15: £0.4 million).
Further information about individual directors’ remuneration, share interests, share options, pensions and other entitlements,
which form part of these financial statements, is provided in the Remuneration Report.
00_DC 2016 Annual Report.pdf 107 11/07/2016 18:34