Carphone Warehouse 2009 Annual Report Download - page 58

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54 The Carphone Warehouse Group PLC Annual Report 2009
Notes to the Financial Statements – continued
3 Profit (loss) before interest and taxation
a) Group profit (loss) before interest and taxation for continuing operations is stated after charging:
Restated
2009 2008
£m £m
Depreciation of property, plant and equipment 41 34
Amortisation of acquisition intangibles 71 75
Amortisation of other intangiblexed assets 16 13
Impairment of trade receivables 16 15
Impairment of non-current asset investments 5 –
Share-based payments (see note 7) 6 9
Other employee costs (see note 6) 122 140
Other stock costs 14 14
Rentals under operating leases – property 2 2
Rentals under operating leases – non-property 29 29
Auditors’ remuneration (including discontinued operations – see below) 2 2
b) Analysis of operating expenses for continuing operations:
Restated
2009 2008
£m £m
Operating expenses excluding depreciation and amortisation 587 545
Depreciation 41 34
Amortisation 87 88
Total operating expenses 715 667
c) Auditors’ remuneration (including discontinued operations):
Restated
2009 2008
£m £m
Statutory services:
– Audit of Company’s accounts 0.1 0.2
– Audit of accounts of the Company’s subsidiaries 0.8 1.4
0.9 1.6
Tax services:
– Compliance services 0.1 0.1
– Advisory services 1.0 0.2
1.1 0.3
Other services: 0.4 0.3
Total fees 2.4 2.2
Fees for the audit of the Company’s accounts represent fees payable to Deloitte LLP in respect of the audit of the Company’s
nancial statements prepared in accordance with UK GAAP and the Group’s consolidated nancial statements prepared
in accordance with IFRS.
Tax advisory services relate mainly to assessing the tax implications of signicant corporate transactions, the most substantial
of which during the year was the transaction with Best Buy (see note 4). Other services also relate primarily to the transaction
with Best Buy.
The Group’s share of audit fees for Best Buy Europe and Virgin Mobile France was £0.6m in the year.