Tesco 2012 Annual Report Download - page 109
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STRATEGIC REVIEW PERFORMANCE REVIEW GOVERNANCE FINANCIAL STATEMENTS
OVERVIEW
Note 3 Income and expenses continued
During the financial year the Group obtained the following services from the Group’s auditor, PricewaterhouseCoopers LLP, and network firms:
2012
£m
2011*
£m
Audit services
Fees payable to the Company’s auditor for the audit of the Company and Group financial statements 0.7 0.6
The audit of the accounts of the Company’s subsidiaries pursuant to legislation 3.9 3.6
4.6 4.2
Non-audit services
Fees payable to the Company’s auditor and network firms for other services:
Other services pursuant to legislation –0.1
Other services relating to taxation 0.6 0.7
Other services relating to information technology 0.4 0.3
All other services 1.5 0.6
Total auditor remuneration 7.1 5.9
In addition to the amounts shown above, the auditors received fees of £0.1m (2011: £0.1m) for the audit of the main Group pension scheme.
A description of the work of the Audit Committee is set out in the Corporate Governance Report on page 58 and includes how objectivity and
independence is safeguarded when non-audit services are provided by PricewaterhouseCoopers LLP.
* See Note 1 Accounting policies for details of reclassifications.
Note 4 Employment costs, including Directors’ remuneration
Continuing operations 2012
£m
2011*
£m
Wages and salaries 5,719 5,409
Social security costs 473 464
Post-employment defined benefits (Note 26) 492 528
Post-employment defined contributions (Note 26) 20 14
Share-based payments expense (Note 25) 153 287
6,857 6,702
The average number of employees by operating segment during the financial year was:
Average number
of employees
Average number of
full-time equivalents
2012 2011* 2012 2011*
UK 300,373 293,676 205,852 200,966
Asia 117,015 99,704 108,149 94,141
Europe 94,409 89,559 85,071 82,270
US 5,056 4,134 4,297 3,448
Tesco Bank 2,818 1,274 2,719 1,224
Total 519,671 488,347 406,088 382,049
* See Note 1 Accounting policies for details of reclassifications.
Tesco PLC Annual Report and Financial Statements 2012 105