Tesco 2012 Annual Report Download - page 149
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STRATEGIC REVIEW PERFORMANCE REVIEW GOVERNANCE FINANCIAL STATEMENTS
OVERVIEW
Note 2 Auditor remuneration
2012
£m
2011
£m
Fees payable to the Company’s auditor for the audit of the Company and Group financial statements 0.7 0.6
Note 3 Employment costs, including Directors’ remuneration
2012
£m
2011
£m
Wages and salaries 16 14
Social security costs 22
Pension costs 11
Share-based payment expense 726
26 43
The average number of employees (all Directors of the Company) during the financial year was 15 (2011: 16).
The Schedule VI requirements for Directors’ remuneration are included within the Directors’ remuneration report on pages 64 to 86.
Note 4 Dividends
For details of dividends see Note 8 in the Group financial statements.
Note 5 Investments
Shares in Group
undertakings
£m
Shares in
joint ventures
£m
Total
£m
Cost
At 26 February 2011 13,229 16 13,245
Additions 969 – 969
Disposals (4) – (4)
At 25 February 2012 14,194 16 14,210
Impairment
At 26 February 2011 535 – 535
At 25 February 2012 535 – 535
Net carrying value
At 25 February 2012 13,659 16 13,675
At 26 February 2011 12,694 16 12,710
For a list of the Company’s principal operating subsidiary undertakings and joint ventures see Note 13 in the Group financial statements.
Tesco PLC Annual Report and Financial Statements 2012 145