Carphone Warehouse 2016 Annual Report Download - page 75

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Dixons Carphone plc Annual Report and Accounts 2015/16
Corporate Governance
73
Percentage change in remuneration
The table below provides the percentage change in remuneration for the Group Chief Executive and the percentage change for
all UK head office based employees as this group provides the best like-for-like comparison. Changes in salary relating to
changes in roles and / or responsibilities have been excluded from the increase presented for the wider group.
Group Chief
Executive
UK head
office
employees
Salary and fees 2% 2%
Taxable benefits(1) 0% 0%
A
nnual bonuses (32)% (26)%
(1) The percentage change in taxable benefits is considered to be 0% since there have been no material changes in Group benefits.
Relative importance of spend on pay
The following table sets out both the total cost of remuneration for the Group compared with pro forma Headline EBIT and
profits distributed for 2015/16 and the prior year.
2015/16
£million
2014/15
£million Change %
Dividends paid(1) 106 52 104%
Headline EBIT 468 413 13%
Total staff costs – continuing operations(2) 1,061 900 18%
Number Number Change %
A
verage employee numbers – continuing operations(2), (3) 41,847 32,834 27%
(1) Extracted from note 23 to the Group financial statements.
(2) Extracted from note 5 to the Group financial statements.
(3) The average number of employees for 2014/15 is made up of legacy Carphone Warehouse employees for the full 13 month period and
legacy Dixons Retail employees for the period post Merger.
00_DC 2016 Annual Report.pdf 73 11/07/2016 18:34