Holiday Inn 2006 Annual Report Download - page 81

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24 Share-based payments (continued)
Summarised information about options outstanding at 31 December 2006 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
420.5 165 0.8 420.5 – –
Executive Share Option Plan
308.5 to 353.8 735 3.5 343.3 734 343.3
353.9 to 498.0 11,396 6.5 468.1 5,033 436.2
498.1 to 619.8 1,948 7.5 616.8 235 595.0
14,079 6.4 482.2 6,002 430.2
Hotels Onerous
reorganisationacontractsbTotal
25 Provisions £m £m £m
At 1 January 2006 426
Income statement (2) – (2)
Expenditure (2) (2) (4)
At 31 December 2006 –––
a Relates to the Hotels reorganisation charged to the non-operating special item in 2003.
b Primarily relates to onerous fixed lease contracts acquired with the InterContinental hotels business.
Other
Property, Deferred short-term
plant and gains on Employee Intangible temporary
equipment loan notes Losses benefits assets differences* Total
26 Deferred tax payable £m £m £m £m £m £m £m
At 1 January 2005 492 122 (113) (39) (30) (50) 382
Disposals (150) – – 34 – 3 (113)
Income statement (87) – (11) (5) 32 56 (15)
Statement of recognised income and expense – – – (5) – (2) (7)
Exchange and other adjustments 1 – 1 (1) (3) (1) (3)
At 31 December 2005 256 122 (123) (16) (1) 6 244
Disposals (126) –2––7(117)
Income statement (2) (26) 31 (1) 16 (32) (14)
Statement of recognised income and expense –––1–(27) (26)
Acquisition of subsidiary (note 34) ––––1–1
Exchange and other adjustments (9) (4) 1212(7)
At 31 December 2006 119 92 (89) (14) 17 (44) 81
* Other short-term temporary differences relate primarily to provisions and accruals and share-based payments.
IHG Notes to the Group financial statements 79
Notes to the Group financial statements