Tesco 2011 Annual Report Download - page 113
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NOTE 3 INCOME AND EXPENSES CONTINUED
During the financial year the Group obtained the following services from the Group’s auditor, PricewaterhouseCoopers LLP, and network firms:
2011
£m
2010
£m
Audit services
Fees payable to the Company’s auditor for the audit of the Parent Company and Group financial statements 0.6 0.6
The audit of the accounts of the Company’s subsidiaries pursuant to legislation 3.7 3.5
4.3 4.1
Non-audit services
Fees payable to the Company’s auditor and network firms for other services:
Other services pursuant to legislation 0.1 0.1
Other services relating to taxation 0.7 0.4
Other services relating to information technology 0.3 –
Other services relating to corporate finance transactions –0.1
All other services 0.6 0.6
Total auditor remuneration 6.0 5.3
In addition to the amounts shown above, the auditors received fees of £0.1m (2010 – £0.1m) for the audit of the main Group pension scheme.
A description of the work of the Audit Committee is set out in the Corporate Governance Report on page 62 and includes an explanation of how
objectivity and independence is safeguarded when non-audit services are provided by PricewaterhouseCoopers LLP.
NOTE 4 EMPLOYMENT COSTS, INCLUDING DIRECTORS’ REMUNERATION
2011
£m
2010
£m
Wages and salaries 5,467 5,057
Social security costs 470 435
Post-employment defined benefits (note 28) 528 391
Post-employment defined contributions (note 28) 14 12
Share-based payments expense (note 27) 289 300
6,768 6,195
The average number of employees by operating segment during the financial
year was:
Average number
of employees
Average number of
full-time equivalents
2011 2010 2011 2010
UK 293,676 287,266 200,966 196,604
Asia 104,071 94,536 96,481 89,310
Rest of Europe 89,559 86,642 82,270 77,847
US 4,134 3,246 3,448 2,259
Tesco Bank 1,274 404 1,224 393
Total 492,714 472,094 384,389 366,413
TESCO PLC Annual Report and Financial Statements 2011
—
109
Overview Business review Governance Financial statements