Tesco 2006 Annual Report Download - page 109

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107Tesco plc
Note 2 Profit on ordinary activities before taxation
2006 2005
£m£m
Profit on ordinary activities before taxation is stated after charging the following:
Auditors’ remuneration
Audit services
–statutory audit* 0.5 0.5
–audit-related 0.3 –
0.8 0.5
*Includes fees for the audit of the Group financial statements.
Note 3 Employment costs
2006 2005
£m £m
Wages and salaries 16 13
Social security costs 81
Pension costs 21
Share-based payment expense – equity settled 22
28 17
The average number of employees during the year was: 15 (2005 – 15).
Note 4 Dividends
For details of equity dividends see note 8 in the consolidated Group financial statements.
Note 5 Fixed asset investments
Shares in Group Loans to Group Shares in
undertakings undertakings Joint ventures Total
£m £m £m £m
Asat 26 February 2005 5,897 3,524 145 9,566
Restatement for FRS 20 ‘Share-based payment’ 239 – – 239
As at 27 February 2005 – restated 6,136 3,524 145 9,805
Additions 1,314 – 33 1,347
Disposals (230) (3,524) (16) (3,770)
As at 25 February 2006 7,220 – 162 7,382
For a list of the Company’s principal operating subsidiary undertakings and joint ventures see note 13 in the Group financial
statements.
Note 6 Debtors
2006 2005
£m £m
Amounts owed by Group undertakings 4,710 2,436
Amounts owed byJoint ventures and Associates 97 103
Other debtors50 163
To t a l 4,857 2,702
Included within amounts due from joint ventures and associates is £97m (2005 – £103m) due after more than one year.