Next Fifteen Communications group - Annual Report 2007
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Notes forming part of the financial statements

Note 6: Profit on ordinary activities before taxation

 

 

2007
£'000
  2006
£'000
 
This is arrived at after charging/(crediting):        
Depreciation of owned tangible fixed assets 1,423   1,438  
Depreciation of assets held under finance leases 42   11  
Amortisation of intangible assets 826   727  
Loss on disposal of tangible fixed assets 151   4  
Defined contribution pension cost 909   788  
Share-based payment3 262   229  
Operating lease income (98 ) (119 )
Operating lease rentals - property 2,394   2,333  
                                  - plant and machinery 158   195  
Exchange loss 85   169  
Audit fees payable to Group auditors1 227   175  
Other payments to Group auditors2 94   251  

1  Of the Group audit fee, the parent company fee was £90,000 (2006: £52,000).

2 The 2007 figure of £94,000 relates to non-audit tax services. The 2006 figure of £251,000 comprises two elements: (1) £200,000 relating to the restructuring of the Group’s operations in the US (see note 4) minus £29,000 for other fees related to the same restructuring but not payable to the Group’s auditors, and (2) £80,000 related to tax audit services.

3   See note 19.

© 2007 Next Fifteen Communications Group plc