Notes to the annual financial statements
for the year ended 28 February 2010
| GROUP | COMPANY | |||||||
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| 2010 Rm |
2009 Rm |
2010 Rm |
2009 Rm* |
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| 2. | Operating profit/(loss) | |||||||
| Operating profit/(loss) is stated after taking into account the following expenses/(income): | ||||||||
| Auditors’ remuneration | 7.8 | 8.4 | ||||||
| Audit | 6.8 | 6.5 | ||||||
| Other | 1.0 | 1.9 | ||||||
| Amortisation of intangible assets (note 8) | 66.1 | 57.3 | ||||||
| Depreciation (note 9) | 669.2 | 558.5 | ||||||
| Property – owned | 24.5 | 20.8 | ||||||
| Equipment and vehicles – owned | 608.1 | 502.1 | ||||||
| Vehicles – leased | 30.5 | 29.6 | ||||||
| Aircraft | 6.1 | 6.0 | ||||||
| Employee costs (note 2.1) | 4 925.6 | 4 615.0 | ||||||
| Interest received | (75.9) | (71.9) | (0.3) | — | ||||
| Bank | (57.2) | (64.2) | ||||||
| Debtors | (5.1) | (4.5) | ||||||
| Tax overpayments | (10.4) | (0.4) | (0.3) | — | ||||
| Staff loans | (3.2) | (2.8) | ||||||
| Interest paid | 91.6 | 107.5 | ||||||
| Finance leases | 18.7 | 17.4 | ||||||
| Overdrafts | 17.9 | 34.6 | ||||||
| Loans | 55.0 | 55.5 | ||||||
| Inventory – movement in provision for impairment | (17.1) | (4.7) | ||||||
| Operating lease charges | 881.3 | 819.1 | ||||||
| Property – minimum lease payments | 852.5 | 791.9 | ||||||
| – turnover clause payments | 28.8 | 27.2 | ||||||
| Leases contained within service agreements | 116.5 | 59.9 | ||||||
| 2.1 | Employee costs | |||||||
| Employee costs comprise: | ||||||||
| Directors’ remuneration (note 3.1) | 13.8 | 18.7 | ||||||
| Share-based payments expense (note 4.3) | 65.2 | 59.1 | ||||||
| Salaries and wages | 4 239.8 | 3 901.1 | ||||||
| Contributions to defined contribution plans (note 23.5) | 274.5 | 249.6 | ||||||
| Net expense recognised on defined benefit plan (note 23.4) | 20.6 | 17.1 | ||||||
| Leave pay | 19.0 | 7.1 | ||||||
| Performance bonuses | 34.5 | 104.8 | ||||||
| Staff benefits and training | 258.2 | 257.5 | ||||||
| 4 925.6 | 4 615.0 | |||||||
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