Experian 2007 Annual Report Download - page 83

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5. Expenses
2007 2006
US$m US$m
(a) Expenses by nature
Profit before tax is stated after charging:
Net operating lease rental expense 102 91
Depreciation of property, plant and equipment 79 70
Amortisation of intangible assets 226 200
Write down on disposal of property, plant and equipment and intangibles 10 –
Employee benefit costs (note 6) 1,327 1,128
Research expenditure 55
Amortisation of intangible assets is charged to administration expenses, except for the amortisation of databases which is charged to cost of sales.
(b) Fees payable to the Company’s auditor
Fees payable to the Company’s auditor for the audit of the parent company and
Group financial statements 11
Audit of the financial statements of the Group’s UK and overseas subsidiaries, pursuant to legislation 21
Other assurance services, pursuant to legislation, including fees for the review
of the Group’s interim statement 23
Taxation services 45
Services in respect of the demerger 19 –
All other services, including regulatory, compliance and treasury related services 22
————— —————
Total fees payable to the Company’sauditor and its associates for other services 29 11
The guidelines covering the use of the Company’s auditor for non-audit services are set out in the corporate governance statement on page 45.
6. Employee benefit costs and employee numbers
(a) The aggregate employee costs for the continuing operations of the Group comprise:
2007 2006
Notes US$m US$m
Wages and salaries 1,025 891
Social security costs 161 148
Share-based payments 31 91 36
Pension costs – defined benefit plans 24 17 26
Pension costs – defined contribution plans 24 33 27
Total continuing operations 1,327 1,128
(b) The average number of employees (including executive directors) in the continuing operations of the Group comprise:
2007 2006
Full time Full time
Full time Part time equivalent Full time Part time equivalent
Americas 5,230 201 5,330 4,796 167 4,879
UK & Ireland 3,745 189 3,840 3,452 201 3,553
EMEA/Asia Pacific 3,248 226 3,361 3,253 229 3,367
Central activities 95 4 97 74 – 74
Total continuing operations 12,318 620 12,628 11,575 597 11,873
Included in the Central activities headcount in 2007 are 25 full time employees, performing group finance and administration tasks, who had
previously been reported within the UK & Ireland segment.
Experian Annual Report2007 |81