Annual report and financial statements 2009
| 2009 £m |
2008 £m |
|
|---|---|---|
| The following items have been included in arriving at operating profit: | ||
| Depreciation: | ||
| – owned assets | 282 | 280 |
| – assets held under finance leases | 2 | 2 |
| Property, plant and equipment | 284 | 282 |
| Depreciation of investment property | 6 | 7 |
| Charge in the income statement | 290 | 289 |
| Foreign exchange differences | 2 | 3 |
| Operating lease rentals: | ||
| – minimum lease payments | 35 | 38 |
| – sublease receipts | (5) | (5) |
| Value of stock expensed | 11,016 | 9,739 |
During the period, KPMG Audit Plc, the Group’s auditor, provided the following services:
| 2009 £m |
2008 £m |
|
|---|---|---|
| Audit services | ||
| – statutory Group and Company audit | 0.4 | 0.4 |
| – statutory audit of subsidiaries | 0.2 | 0.2 |
| – audit related regulatory reporting | 0.1 | 0.2 |
| Tax services | ||
| – compliance services | 0.1 | 0.3 |
| – advisory services | 0.2 | 0.2 |
| Other | ||
| – independent project assurance | 0.5 | – |
| 1.5 | 1.3 |