BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...

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VisitBritain and VisitEngland Notes forming part of the financial statements for the year ended 31 st March 2010 (Continued) 6 Income from activities Gross income represents the invoiced amount of goods sold and services provided (stated net of trade discount and value added tax) and, in the case of continuing activities, the value of work done during the year. Group VisitBritain 2010 2009 2010 2009 £’000 £’000 £’000 £’000 Revenue arises from: Partnership marketing, media & publicity 4,210 6,326 4,210 6,326 Income from exhibitions, fairs & workshops 1,666 2,440 1,666 2,440 Income from commercial activities 10,492 7,703 9,627 7,036 Quality scheme income 5,493 5,348 5,493 5,348 Distribution income 75 273 75 273 Total revenue 21,936 22,090 21,071 21,423 7 Other income Group VisitBritain 2010 2009 2010 2009 £’000 £’000 £’000 £’000 Service income 77 503 197 607 Office rental income 606 616 606 616 Other grants 727 651 727 651 Other income 76 29 38 29 Total other operating income 1,486 1,799 1,568 1,903 Service income in 2009/10 includes £nil (2008/09 - £246k) of fees charged, in the agency model markets, for services provided to VisitScotland, Visit Wales and Visit London. VisitBritain sub-lets properties in London and also received rental income from Visit London and Visit Wales in Canada and the USA. For the year ended 31 st March 2010, the total rental income was £606k (2008/09 £616k). 52
VisitBritain and VisitEngland Notes forming part of the financial statements for the year ended 31 st March 2010 (Continued) 8 Employee costs Group VisitBritain 2010 2009 2010 2009 £’000 £’000 £’000 £’000 Staff costs (including directors) comprise: Wages and salaries 11,893 12,436 11,893 12,436 Agency staff and students 435 659 435 659 Payment to contractors 827 463 827 463 Expatriate taxable benefits 319 269 319 269 Expatriate local taxes (4) (15) (4) (15) Social security contributions and similar taxes 1,245 1,350 1,245 1,350 Pension costs – normal contributions* 95 803 95 803 Special pension costs 21 16 21 16 Defined benefit pension cost (see note 28) 1,169 76 1,169 76 Movement on accrued holiday pay (216) 49 (216) 49 Total staff costs 15,784 16,106 15,784 16,106 *Employer contributions relating to the defined benefits scheme were previously included as part of the employee benefits costs when the scheme was treated as a multi employer scheme where assets and liabilities were not identified separately. However, now the actuary can provide individual employer disclosures the employer pension contribution included in the accounts is credited to the employee benefits costs. The average number of employees during the year is made up as follows: Group VisitBritain 2010 2009 2010 2009 Number Number Number Number Marketing 257 313 257 313 Overseas support (marketing and administration) 20 19 20 19 Administration (CEO, People & Performance and Corporate Services) 42 43 42 43 Total staff costs 319 375 319 375 VisitBritain uses temporary agency and contractor staff to fill short-term posts to deliver its objectives. The number of staff employed would be equivalent of 39 full time VisitBritain staff (2008/09 – 30). Key management personnel remuneration Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Group. Details of their remuneration are disclosed in the Remuneration Report. 53
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BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...

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