: notes to the accounts :
3. Analysis of consolidated profit and loss account
| all figures in £ millions |
1999
|
1998
|
||
|
total
|
continuing
|
discontinued
|
total
|
|
| Cost of sales |
(1,424)
|
(1,138)
|
(38)
|
(1,176)
|
|
|
|
|
||
| Distribution costs |
(289)
|
(168)
|
(1)
|
(169)
|
| Administration and other expenses |
(1,470)
|
(848)
|
(85)
|
(933)
|
| Other operating income (see below) |
98
|
79
|
3
|
82
|
|
|
|
|
||
| Net operating expenses |
(1,661)
|
(937)
|
(83)
|
(1,020)
|
|
|
|
|
||
| Analysed as: |
|
|
||
| Net operating expenses – before exceptional items |
|
|
|
|
| and goodwill amortisation |
(1,446)
|
(854)
|
(83)
|
(937)
|
| Net operating expenses – exceptional items |
(85)
|
(71)
|
--
|
(71)
|
| Net operating expenses – goodwill amortisation |
(130)
|
(12)
|
--
|
(12)
|
|
|
|
|
||
| Net operating expenses |
(1,661)
|
(937)
|
(83)
|
(1,020)
|
|
|
|
|
||
Note : The following amounts are included in the 1999 totals in respect of acquisitions: cost of sales £14m and net operating expenses £17m. The exceptional expense of £95m in 1999 (1998: £120m) is included within cost of sales £10m (1998: £49m) and administration and other expenses £85m (1998: £71m) (see note 2).
| all figures in £ millions |
1999
|
1998
|
| Other operating income |
|
|
| Income from other investments: |
|
|
| Unlisted |
3
|
14
|
| BSBH loan stock interest |
1
|
4
|
| Other operating income (mainly royalties, rights and commission income) |
94
|
64
|
|
|
|
|
|
98
|
82
|
|
|
|
|
|
| Profit before taxation is stated after charging: |
|
|
| Depreciation |
82
|
66
|
| Operating lease rentals: |
|
|
| Plant and machinery |
22
|
17
|
| Properties |
61
|
41
|
| Other |
12
|
4
|
|
|
|
|
| Year 2000 compliance costs |
5
|
7
|
| Auditors’ remuneration: |
|
|
| Audit |
2
|
2
|
| Non-audit – UK (company £nil; 1998: £nil) |
2
|
2
|
| Non-audit – Other |
2
|
2
|
|
|
|
|
Note : In addition to the non-audit fees (UK) of £2m (1998: £2m), consultancy fees of £6m (1998: £7m) have been incurred in respect of systems development. These fees have been capitalised. Fees of £2m (1998: £2m) were also incurred in the UK in respect of acquisitions and disposals. These fees have also been capitalised. Audit fees of the company amounted to £0.1m (1998: £0.1m).
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