Marks and Spencer 2008 Annual Report Download - page 67

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2 Segmental information continued
Other segment items:
2008 2007
United United
Kingdom International Total Kingdom International Total
£m £m £m £m £m £m
Revenue
General merchandise 4,059.3 491.7 4,551.0 4,002.8 423.9 4,426.7
Food 4,249.8 221.2 4,471.0 3,974.7 186.7 4,161.4
8,309.1 712.9 9,022.0 7,977.5 610.6 8,588.1
Expenditure on intangible assets excluding goodwill
(see note 13) 83.7 – 83.7 46.5 – 46.5
Expenditure on property, plant and equipment
(see note 14) 919.9 50.9 970.8 718.9 27.0 745.9
Amortisation (see note 13) 21.3 – 21.3 14.2 – 14.2
Depreciation (see note 7, 14) 281.7 14.6 296.3 258.4 10.1 268.5
3 Expense analysis
2008 2007
£m £m
Revenue 9,022.0 8,588.1
Cost of sales (5,535.2) (5,246.9)
Gross profit 3,486.8 3,341.2
Selling and marketing expenses (1,912.7) (1,779.2)
Administrative expenses (534.5) (584.1)
Other operating income 49.7 66.1
Profit on property disposals 27.0 1.9
Exceptional pension credit (see note 2, 11) 95.0 –
Operating profit 1,211.3 1,045.9
The cost of sales above represents cost of inventories recognised as an expense in the year.
The selling and marketing expenses and administrative expenses in the table above are further analysed in the table below:
2008 2007
Selling and Admini- Selling and Admini-
marketing strative marketing strative
expenses expenses Total expenses expenses Total
£m £m £m £m £m £m
Employee costs (see note 10A) 920.4 230.1 1,150.5 928.8 245.3 1,174.1
Occupancy costs 366.9 64.8 431.7 310.5 62.4 372.9
Repairs, renewals and maintenance of property 79.0 19.8 98.8 55.4 19.1 74.5
Depreciation and amortisation 285.9 31.7 317.6 264.4 18.3 282.7
Other costs 260.5 188.1 448.6 220.1 239.0 459.1
Operating expenses 1,912.7 534.5 2,447.2 1,779.2 584.1 2,363.3
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