Marks and Spencer 2010 Annual Report Download - page 94

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Marks and Spencer Group plc Annual report and financial statements 2010 Financial statements 90
Notes to the financial statements continued
8 Earnings per share continued
A. Basic earnings per share
Pence Pence
Basic earnings per share 33.5 32.3
Property disposals per share (0.5) (0.4)
Exceptional costs per share –6.7
Exceptional pension credit per share –(10.6)
Adjusted basic earnings per share 33.0 28.0
B. Diluted earnings per share
Pence Pence
Diluted earnings per share 33.2 32.3
Property disposals per share (0.5) (0.4)
Exceptional costs per share –6.7
Exceptional pension credit per share –(10.6)
Adjusted diluted earnings per share 32.7 28.0
9 Dividends
2010
per share
2009
per share
2010
£m
2009
£m
Dividends on equity ordinary shares
Paid final dividend 9.5p 14.2p 149.6 224.1
Paid interim dividend 5.5p 8.3p 86.4 130.5
15.0p 22.5p 236.0 354.6
In addition, the directors have proposed a final dividend in respect of the year ended 3 April 2010 of 9.5p per share amounting to a dividend
of £150.4m. It will be paid on 16 July 2010 to shareholders who are on the Register of Members on 4 June 2010. In line with the
requirements of IAS 10 – ‘Events after the Balance Sheet Date’, this dividend has not been recognised within these results.
10 Employees
A. Aggregate remuneration
The aggregate remuneration and associated costs of Group employees were:
2010
Total
£m
2009
Total
£m
Wages and salaries 1,080.3 978.8
Social security costs 73.2 69.1
Pension costs 57.3 67.2
Share-based payments 28.5 14.3
Employee welfare and other personnel costs 36.2 37.8
Ex-gratia costs 3.6 8.4
Capitalised staff costs1 (19.7) (21.3)
Aggregate remuneration 1,259.4 1,154.3
Exceptional redundancy costs (see note 5) –11.1
Exceptional pension credit (see note 5) –(231.3)
Total 1,259.4 934.1
1 Staff costs are capitalised in the development of intangible assets – see note 1.
Details of key management compensation are given in note 30.