Peachtree 2013 Annual Report Download - page 109

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Results for the year continued
The Sage Group plc | Annual Report & Accounts 2013 103
Financial statements
2.2 Operating profit
The following items have been included in arriving at operating profit Note
Continuing
operations
2013
£m
Discontinued
operations
2013
£m
og
opeo
2012
£m
Discontinued
operations
2012
£m
Staff costs 2.3 621.9 – 610.0 7.2
Cost of inventories recognised as an expense (included in cost of sales) 7.1 14.2 – 12.0 1.5
Depreciation of property, plant and equipment 620.0 – 21.7 –
A
mortisation of intangible assets 5.2 28.5 – 25.6 –
Fair value adjustments and goodwill impairment (12.1) – ––
Loss/(profit) on disposal of property, plant and equipment 12.1 0.8 – 0.2 (0.2)
Loss/(profit) on disposal of intangible assets 12.1 0.1 – (1.4) –
Other operating lease rentals payable 20.9 – 30.9 –
Net foreign exchange (gains)/losses (0.4) – 0.2 –
A
cquisition-related items 0.1 – 4.4 –
Research and development expenditure 144.6 – 159.4 1.6
Services provided by the Group’s auditor and network firms
During the year, the Group (including its overseas subsidiaries) obtained the following services from the Group’s auditor at costs as detailed below:
2013
£m
2012
£m
Fees payable to the Group’s auditor for the audit of parent Company and consolidated accounts 1.9 1.9
Fees payable to the Group’s auditor for audit-related assurance services 0.1 0.1
Total audit fees 2.0 2.0
T
ax compliance services 0.6 0.6
T
ax advisory services 0.4 0.1
Other non-audit services 0.3 0.1
Total fees 3.3 2.8
The total audit fee for the Group, including the audit of overseas subsidiaries, was £2.0m (2012: £2.0m).
The Board’s policy in respect of the procurement of non-audit services for the Group’s auditor is set out on page 66.
107The Sage Group plc | Annual Report & Accounts 2013
GovernanceStrategic report Financial statements