EasyJet 2010 Annual Report Download - page 70

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easyJet plc
Annual report and accounts 2010
Notes to the accounts
continued
68
4 Employees continued
Key management compensation was:
2010
£ million
2009
£ million
Short-term employee benefits 5.6 4.5
Pension costs 0.2 0.2
Payments for loss of office 0.3 –
Share-based payments 1.4 0.7
7.5 5.4
The Directors of easyJet plc and the other members of the Executive Management Team are easyJet’s key management as they have
collective authority and responsibility for planning, directing and controlling the business.
Emoluments paid or payable to the Directors of easyJet plc were:
2010
£ million
2009
£ million
Remuneration 3.5 2.5
Gains made on the exercise of share options – 0.1
Pension costs – one Director (2009: two Directors) 0.1 0.1
3.6 2.7
Details of Directors’ remuneration are disclosed in the Report on Directors’ remuneration.
5 Tax charge / (credit)
Tax on profit on ordinary activities
2010
£ million
2009
£ million
Current tax
United Kingdom corporation tax – 6.9
Foreign tax 4.7 12.1
Prior year adjustments (18.4) (27.4)
Total current tax credit (13.7) (8.4)
Deferred tax
Temporary differences relating to property, plant and equipment 14.6 (13.1)
Other temporary differences 19.0 9.3
Prior year adjustments 15.2 (4.3)
Change in tax rate (2.4) –
Total deferred tax charge / (credit) 46.4 (8.1)
32.7 (16.5)
Effective tax rate 21.2% (30.2)%