Barclays 2003 Annual Report Download - page 192

Notes to the Accounts
For the Year Ended 31st December 2003
190
61 Differences between UK GAAP and US GAAP accounting principles (continued)
(e) Compensation arrangements
The disclosures of options outstanding only relate to those granted from 1995 onwards.
The SFAS 123 charge for the fair value of options granted since 1995 is £73m (2002: £82m, 2001: £81m).
The net charge with respect to other deferred compensation plans is £1m (2002: £nil, 2001: £nil).
The Executive Share Option Scheme (ESOS), Save As You Earn (SAYE), Incentive Share Option Plan (ISOP), the BGI Equity Ownership Plan (EOP), the
Woolwich Executive Share Option Plan (Woolwich ESOP) and the Woolwich SAYE scheme fall within the scope of SFAS 123.
Analysis of the movement in the number and weighted average exercise price of options is set out below.
ESOS (a) SAYE (a)
Number Weighted average Number Weighted average
(000’s) ex. price (£) (000’s) ex. price (£)
2003 2002 2003 2002 2003 2002 2003 2002
Outstanding at beginning of year 8,168 9,546 4.09 4.04 126,895 123,441 3.34 3.29
Granted in the year ––––22,284 30,216 3.73 3.50
Exercised in the year (1,134) (1,066) 3.73 3.56 (32,617) (20,087) 2.71 3.22
Forfeited or expired in the year (1,082) (312) 4.36 4.33 (10,709) (6,675) 3.56 3.51
Outstanding at end of year 5,952 8,168 4.11 4.09 105,853 126,895 3.59 3.34
ISOP (a) BGI EOP (b)
Number Weighted average Number Weighted average
(000’s) ex. price (£) (000’s) ex. price (£)
2003 2002 2003 2002 2003 2002 2003 2002
Outstanding at beginning of year 77,593 42,523 4.98 4.83 17,809 13,407 8.91 7.87
Granted in the year 28,122 36,397 3.33 5.14 545 5,885 10.92 10.92
Exercised in the year (2,613) –3.91 –(4,122) (659) 7.10 6.36
Forfeited or expired in the year (4,170) (1,327) 4.49 4.77 (707) (824) 9.44 8.33
Outstanding at end of year 98,932 77,593 4.56 4.98 13,525 17,809 9.51 8.91
Woolwich SAYE (a) Woolwich ESOP (a)
Number Weighted average Number Weighted average
(000’s) ex. price (£) (000’s) ex. price (£)
2003 2002 2003 2002 2003 2002 2003 2002
Outstanding at beginning of year 3,764 4,529 3.16 3.18 8,785 10,448 3.77 3.79
Granted in the year ––––––––
Exercised in the year (2,898) (504) 3.12 3.30 (4,160) (1,522) 3.73 3.97
Forfeited or expired in the year (257) (261) 3.20 3.28 (209) (141) 3.89 3.50
Outstanding at end of year 609 3,764 3.34 3.16 4,416 8,785 3.80 3.77
Notes
(a) Options granted over Barclays PLC shares
(b) Options granted over BGI UK Holdings Limited shares