Marks and Spencer 2006 Annual Report Download - page 62

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60 Marks and Spencer Group plc
Notes to the financial statements continued
4 PROFIT BEFORE TAXATION 2006 2005
£m £m
The following items have been included in arriving at profit before taxation:
Depreciation of property, plant, and equipment:
– Owned assets 259.2 256.6
– Under finance leases 2.1 2.1
Amortisation of intangibles (included in administrative expenses) 12.7 11.4
Loss/(profit) on property disposals 5.7 (30.7)
Operating lease rentals payable
– Property 127.1 135.7
– Fixtures, fittings and equipment 8.5 7.5
Included in administrative expenses is the auditors’ remuneration, including expenses for audit and non-audit services, as follows:
2006 2005
£m £m
Statutory audit services
Annual audit 1.1 1.2
Non-audit related services
Further assurance services –0.3
Corporate finance transactions –1.8
Tax advisory services 0.3 0.2
Other services 0.2 0.2
0.5 2.5
Included in the comparatives for Corporate finance transactions are fees paid to the Group’s auditors in the UK in relation to the
provision of assurance services relating to the Tender Offer of £0.4m, the sale of Financial Services of £0.5m, the acquisition of
per una of £0.1m and Defence of £0.8m.