Holiday Inn 2005 Annual Report Download - page 69

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24 SHARE-BASED PAYMENTS (CONTINUED)
Summarised information about options outstanding at 31 December 2005 under the share option schemes is as follows:
Options outstanding Options exercisable
Weighted
average Weighted Weighted
Number remaining average Number average
outstanding contract life option price exercisable option price
Range of exercise prices (pence) thousands years pence thousands pence
Sharesave Plan
420.5 864 1.9 420.5
Executive Share Option Plan
308.5 to 353.8 1,734 4.6 342.7 1,734 342.7
353.9 to 498.0 18,526 7.0 457.8 6,315 441.8
498.1 to 619.8 2,359 7.9 614.9 661 602.2
22,619 6.9 465.4 8,710 434.3
Hotels Onerous
reorganisationacontractsbTotal
25 PROVISIONS £m £m £m
At 1 January 2005:
Current 415
Non-current 426
8311
Income statement (1) (1)
Expenditure (4) – (4)
At 31 December 2005 – all current 426
a Relates to the Hotels reorganisation charged to the non-operating special item in 2003 and is expected to be largely utilised in the year to 31 December 2006.
b Primarily relates to onerous fixed lease contracts acquired with the InterContinental hotels business and having expiry dates to 2006.
InterContinental Hotels Group 2005 67