Marks and Spencer 2016 Annual Report Download - page 131

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A Page
Accounting policies 90
Appointment and retirement
of directors 73
Audit Committee Report 42
Auditor 43
Auditor’s remuneration 123
Auditor’s report 78
Annual General Meeting 127
B
Board 32
Borrowing facilities 112
Business model 10
C
Capital commitments 119
Capital expenditure 25
Clothing & Home 15
Confl icts of interest 73
Corporate governance 30
Cost of sales 96
Critical accounting estimates
and judgements 94
D
Deadlines for exercising voting rights 75
Deferred tax 118
Depreciation 91, 94, 110
Derivatives 93
Diluted earnings per share 86
Directors’ indemnities 73
Directors’ interests 66, 69
Directors’ responsibilities 77
Directors’ single fi gure of
remuneration 58, 69
Disclosure of information to auditor 77
Dividend cover 126
Dividend per share 101, 123
E
Earnings per share 25, 101
Employees 26
Employee involvement 75
Employees with disabilities 76
Equal opportunities 76
F Page
Finance costs/income 98
Finance leases 112
Financial assets 110
Financial instruments 92
Financial liabilities 111
Financial review 22
Fixed charge cover 126
Food 15
G
Going concern 77
Goodwill 91
Groceries Supply Code of Practice 76
H
Hedging reserve 88
I
Income statement 86
Intangible assets 91
Interests in voting rights 74
International Financial Reporting
Standards 90
International 16
Inventories 92
Investment property 87
K
Key performance indicators 18
M
Marketplace 14
M&S.com 16
N
Nomination Committee 40
Non-underlying items 97
O
Operating Committee 9
P
Plan A 3
Principal risks and uncertainties 28
Profi t and dividends 74
Power to issue shares 74
Political donations 77
R Page
Risk management 27-29
Remuneration policy 54
Remuneration Committee 51
Remuneration Report 58
S
Segmental information 95
Shareholder information 127
Share capital 74, 119
Share schemes 74, 106
Signifi cant agreements 75
Statement of cash fl ows 89
Statement of comprehensive income 86
Statement of fi nancial position 87
Stores 16
Subsidiary undertakings 123
T
Taxation 24
Total shareholder return 67
Trade and other payables 91
Trade and other receivables 92
Transfer of securities 74
V
Variation of rights 74
Viability statement 77
FINANCIAL STATEMENTS Page
Consolidated income statement 86
Consolidated statement of
comprehensive income 86
Consolidated statement of
fi nancial position 87
Consolidated statement of
changes in equity 88
Consolidated cash fl ow statement 89
Note
1 Accounting policies 90
2 Segmental information 95
3 Expense analysis 96
4 Profi t before taxation 96
5 Non-underlying items 97
6 Finance income/costs 98
7 Income tax expense 99
8 Earnings per share 101
9 Dividends 101
10 Employees 102
11 Retirement benefi ts 103
12 Marks and Spencer
Scottish Limited Partnership 106
13 Share-based payments 106
14 Intangible assets 108
15 Property, plant and equipment 110
16 Other fi nancial assets 110
17 Trade and other receivables 111
18 Cash and cash equivalents 111
19 Trade and other payables 111
20 Borrowings and other
fi nancial liabilities 111
21 Financial instruments 112
22 Provisions 118
23 Deferred tax 118
24 Ordinary share capital 119
25 Business combinations 119
26 Contingencies and commitments 119
27 Analysis of cash fl ows given in the
statement of cash fl ows 120
28 Analysis of net debt 120
29 Related party transactions 121
30 Subsequent events 121
Company fi nancial statements 122
Notes to the company
fi nancial statements 123
INDEX
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