Barclays 2003 Annual Report Download - page 132

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Notes to the Accounts
For the Year Ended 31st December 2003
5 Administrative expenses – other
2003 2002 2001
Property and equipment expenses £m £m £m
Hire of equipment 812 16
Property rentals 184 180 183
Other property and equipment expenses 901 793 775
Other administrative expenses 1,311 1,327 1,329
2,404 2,312 2,303
Fees paid to the Group’s main auditors, PricewaterhouseCoopers LLP and its worldwide associates, were as follows:
2003 2002 2001
£m £m £m
Audit related
Group statutory 655
Regulatory 357
910 12
Further assurance services 3 35
Taxation services
Compliance 434
Advisory 221
655
Other services
Transaction support 233
Other services 111
344
Total fees 21 22 26
The figures shown in the above table include amounts paid in the United Kingdom to PricewaterhouseCoopers LLP and also PricewaterhouseCoopers
in previous years. Fees for audit services above include all amounts paid to the Group’s auditors in their capacity as such.
In addition to the fees included in the above table, amounts paid in prior periods to PwC Consulting, the management consultancy arm of
PricewaterhouseCoopers up to its sale to the IBM Corporation on 1st October 2002, amounted to £nil in the year (2002: £6m, 2001: £12m).
Further assurance services include internal control reviews, attest services not required by statute or regulation and consultation concerning financial
accounting and reporting standards.
Taxation services include compliance services such as tax return preparation and advisory services such as consultation on tax matters, tax advice
relating to transactions and other tax planning and advice.
Transaction support services includes due diligence related to transactions and accounting consultations and audits in connection with transactions.
Other services primarily include general process reviews and training programmes.
6 Depreciation and amortisation
2003 2002 2001
£m £m £m
Depreciation
Property depreciation 93 93 105
Equipment depreciation 196 198 194
Loss on sale of equipment 12 9
289 303 308
Amortisation
Goodwill amortisation 265 254 229
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