Carphone Warehouse 2007 Annual Report Download - page 47

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www.cpwplc.com
3 Profit before interest and taxation
a) Profit before interest and taxation is stated after charging:
2007 2006
£’000 £’000
Depreciation of property, plant and equipment (see note 13) 65,908 49,585
Amortisation of acquisition intangibles (see note 12) 54,225 17,998
Amortisation of other intangible fixed assets (before reorganisation costs) (see notes 4 and 12) 68,736 51,127
Goodwill expense (see note 12) 529 1,825
Amounts written off stock 15,928 12,324
Other stock cost of sales 1,522,679 1,301,271
Share-based payments (see note 6) 10,410 10,665
Other employee costs (see note 5) 504,540 393,023
Rentals under operating leases – property 83,572 71,885
Auditors’ remuneration (see below) 1,545 1,273
b) Analysis of operating expenses:
2007 2006
£’000 £’000
Operating expenses excluding amortisation, depreciation and goodwill expense 966,244 763,180
Depreciation 65,908 49,585
Amortisation 122,961 82,082
Goodwill expense 529 1,825
Total operating expenses 1,155,642 896,672
c) Auditors’ remuneration:
2007 2006
£’000 £’000
Statutory services:
– Audit of Company’s accounts 268 225
– Audit of the accounts of the Company’s subsidiaries 1,107 890
1,375 1,115
Tax services:
– Compliance services –7
– Advisory services 117 115
117 122
Other services:
– Other services pursuant to legislation –14
– Other services 53 22
Total fees 1,545 1,273
Fees for the audit of the Company’s accounts represents the fees payable to Deloitte & Touche LLP in respect of the audit of the Company’s individual financial
statements prepared in accordance with UK GAAP and the Group’s consolidated financial statements prepared in accordance with IFRS.
Tax advisory services relate mainly to assessing the tax implications of significant corporate transactions. Other services relate primarily to providing advice
on accounting matters.
43
Financial Statements