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wwwwww..mmaarrkkssaannddssppeenncceerr..ccoomm//aannnnuuaallrreeppoorrtt22000077MARKS AND SPENCER GROUP PLC 110011
Index
APage
Accounting policies 55
Audit Committee 36
Auditors’ remuneration 62
Auditors’ report 51
Authorised share capital 84
B
B shares 79, 85
Balance sheet 53, 90
Board 27
Bonus 26, 29, 45, 48
Borrowing facilities 80
Brands 9, 56, 75
C
Capital commitments 86
Capital expenditure 23, 30, 60, 96
Cash flow statement 54, 91
Chairman’s foreword 3
Charitable donations 33
Chief Executive’s business review 6
Clothing 12
Corporate governance statement 35
Cost of sales 61
Critical accounting estimates
and judgements 59
Customers 20
D
Deferred tax 55, 57, 63, 84
Depreciation 56, 60, 76
Derivatives 58, 82
Diluted earnings per share 65
Directors’ emoluments 48, 66, 92
Directors’ interests 47, 49
Directors’ responsibilities 32
Discontinued operation 64
Dividend cover 96
Dividend
per share 3, 29, 31, 66, 92, 96
E
Earnings per share 2, 7, 29, 65, 96
Environment 22
Employees 20, 66, 92
Exceptional items 29, 63
Executive team 4
F
Finance costs/income 63, 92
Finance
leases 57, 63, 76, 79, 80, 81, 88
Financial assets 78
Financial instruments 57, 81
FPage
Financial liabilities 79
Financial record 94
Financial review 28
Fixed charge cover 2, 96
Food 16, 60
Foreign exchange rates 89
G
Gearing 96
General merchandise 12, 60
Geographic segments 60
Glossary 100
Going concern 34
Goodwill 56, 75, 85
Group directors’ report 31
H
Hedging reserve 85
Home 13
I
Income statement 52, 90
Intangible assets 75
International Financial
Reporting Standards 55
International Retail 24, 28, 60
Inventories 53, 57
Investment property 77
J
Joint venture 77, 89
K
Key performance indicators 2
Key performance measures 96
L
Like-for-like sales growth 28, 29
M
Major shareholders 32
Margin (gross and net) 2, 7, 28, 96
Marketplace 8
Marketshare 6
Merger reserve 93
Minority interest 53
Modernisation programme 22
M&S Money 8, 29, 60
N
Net debt 30, 54, 88, 96
Nomination Committee 37
Non-GAAP performance
measures 59
OPage
Occupancy costs 61
Online 25
Operating assets 60
Operating leases 57, 62, 86
Operating liabilities 60
Operating profit 2, 28, 52, 60, 90
P
Partnership liability 30, 81
Pensions 30, 55, 67
Performance 2
Plan A 10
Prepaid leasehold premiums 78
Principal risks and uncertainties 40
Product 12
Profitability 96
Property valuation 33
Property, plant and equipment 76
Provisions 83
R
Related party transactions 89, 93
Remuneration Committee 37, 44
Remuneration report 44
Reserves 85, 93
Retained earnings 85, 93
Return on equity 96
Revenue 2, 6, 28, 52, 60
Risk assessment 39
S
Segmental information 60
Service 20
Share capital 84
Share issues 31, 84
Share options 46, 49, 71
Share-based payments 71
Shareholders’ equity 85, 93
Shareholder information 98
Simply Food 23
Sourcing & Supply Chain 13, 17
Statement of recognised
income and expense 52
Stores 22, 24, 97
Subsidiary undertakings 93
T
Taxation 57, 63, 84
Total shareholder return 7, 50
Trade and other payables 78
Trade and other receivables 78
U
UK Retail 7, 28, 29, 60