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86 Vodafone Group Plc Annual Report 2010
Notes to the consolidated nancial statements continued
4. Operating prot
Operating profit has been arrived at after charging/(crediting): 2010 2009 2008
£m £m £m
Net foreign exchange (gains)/losses (29) 30 (27)
Depreciation of property, plant and equipment (note 11):
Owned assets 4,412 4,025 3,400
Leased assets 44 36 27
Amortisation of intangible assets (note 9) 3,454 2,753 2,482
Impairment losses, net (note 10) 2,100 5,900 –
Research and development expenditure 303 280 234
Staff costs (note 32) 3,770 3,227 2,698
Operating lease rentals payable:
Plant and machinery 71 68 43
Other assets including fixed line rentals 1,587 1,331 1,117
Loss on disposal of property, plant and equipment 101 10 70
Own costs capitalised attributable to the construction or acquisition of property, plant and equipment (296) (273) (245)
The total remuneration of the Group’s auditor, Deloitte LLP, and its affiliates for services provided to the Group is analysed below:
2010 2009 2008
£m £m £m
Audit fees:
Parent company 111
Subsidiaries(1) 7 5 5
866
Fees for statutory and regulatory filings 121
Audit and audit-related fees 987
Other fees:
Taxation 1 1 1
Other – – 1
112
Total fees 10 9 9
Note:
(1) The increase primarily arises from the consolidation of Vodacom Group Limited as a subsidiary from 18 May 2009.
In addition to the above, the Group’s joint ventures and associates paid fees totalling £2 million (2009: £3 million; 2008: £2 million) and £7 million (2009: £6 million; 2008: £3
million) respectively to Deloitte LLP and its affiliates during the year. Deloitte LLP and its affiliates have also received amounts totalling less than £1 million in each of the last
three years in respect of services provided to pension schemes and charitable foundations associated to the Group.
A description of the work performed by the Audit Committee in order to safeguard auditor independence when non-audit services are provided is set out in “Corporate
governance” on page 55.