Tesco 2009 Annual Report Download - page 135

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133
FINANCIAL STATEMENTS
Tesco PLC Annual Report and Financial Statements 2009
To find out more go to
www.tesco.com/annualreport09
Note 11 Share-based payments continued
Savings-related Approved Unapproved Nil cost
share option scheme share option scheme share option scheme share options
For the year ended 23 February 2008 Options WAEP Options WAEP Options WAEP Options WAEP
Outstanding at
24 February 2007 42,249 223.23 53,381 280.99 11,300,347 270.90 5,810,007 0.00
Granted 5,733 410.00 – – 1,888,688 473.75 5,113,574 0.00
Exercised (10,330) 159.00 – – (997,056) 253.25 (85,343) 0.00
Outstanding at
23 February 2008 37,652 269.29 53,381 280.99 12,191,979 303.75 10,838,238 0.00
Exercisable as at
23 February 2008 – – 15,189 197.50 5,233,393 230.71 – –
Exercise price range 164.00 to
(pence) – – – 197.50 – 259.00 – –
Weighted average remaining
contractual life (years) – – – 5.16 – 4.33 – –
b) Share bonus schemes
The number and weighted average fair value (WAFV) of share bonuses awarded during the period relating to Tesco PLC employees are:
2009 2008
Shares WAFV Shares WAFV
number pence number pence
Shares in Success 5,568 431.05 4,464 470.45
Executive Incentive Scheme 304,713 424.65 176,135 401.90
Performance Share Plan 238,024 356.05 160,030 471.10
US Long-term Incentive Plan 63,514 482.00 2,000,000 471.10
Note 12 Pensions
The total cost of the pension scheme to the Group was £403m (2008 – £414m). Further disclosure relating to the Tesco PLC Pension Scheme can be
found in note 28 of the Group financial statements.