Notes to the Company financial statements

31 Profit and loss account

A profit of £66m (2008: £63m) is dealt with in the financial statements of Wm Morrison Supermarkets PLC. The Directors have taken advantage of the exemption available under section 230 of the Companies Act 1985 and not presented a profit and loss account for the Company alone. Audit fees and expenses paid to the Group’s auditor were £0.5m (2008: £0.6m). Non-audit fees are disclosed in the consolidated financial statements (note 4).

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