Holiday Inn 2009 Annual Report Download - page 59

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Remuneration report and Group financial statements 57
Group financial statements
58 Statements of Directors’ responsibilities
59 Independent auditor’s report to the
members
60 Group income statement
61 Group statement of comprehensive income
62 Group statement of changes in equity
63 Group statement of financial position
64 Group statement of cash flows
65 Accounting policies
Notes to the Group financial statements
70 1 Exchange rates
70 2 Segmental information
76 3 Staff costs and Directors’ emoluments
76 4 Auditor’s remuneration paid to Ernst
& Young LLP
77 5 Exceptional items
78 6 Finance costs
78 7Tax
79 8 Dividends paid and proposed
80 9 Earnings per ordinary share
81 10 Property, plant and equipment
82 11 Assets sold, held for sale and
discontinued operations
83 12 Goodwill
85 13 Intangible assets
85 14 Investment in associates
86 15 Other financial assets
86 16 Inventories
87 17 Trade and other receivables
87 18 Cash and cash equivalents
88 19 Trade and other payables
88 20 Provisions
88 21 Loans and other borrowings
89 22 Financial risk management policies
91 23 Financial instruments
93 24 Net debt
93 25 Retirement benefits
98 26 Deferred tax
99 27 Share-based payments
102 28 Issued share capital and reserves
103 29 Operating leases
103 30 Capital and other commitments
103 31 Contingencies
104 32 Related party disclosures
104 33 System Funds
104 34 Principal operating subsidiary
undertakings
Group financial statements
In this section we present
the statements of Directors’
responsibilities, the
independent auditor’s
report and the consolidated
financial statements of
the Group for 2009.
Hotel Indigo, London Paddington, UK
GROUP FINANCIAL
STATEMENTS