The way ahead? - Vodafone

100
Vodafone Group Plc
Annual Report 2013
Notes to the consolidated financial statements (continued)
3. Operating profit
Detailed below are the key items charged/(credited) in arriving at our operating profit.
2013 2012 2011
£m £m £m
Net foreign exchange losses 22 34 14
Depreciation of property, plant and equipment (note 13):
Owned assets 4,209 4,284 4,318
Leased assets 44 79 54
Amortisation of intangible assets (note 10) 3,447 3,496 3,504
Impairment of goodwill in subsidiaries, joint ventures and associates (note 12) 7,700 3,848 6,150
Impairment of licences and spectrum (note 12) – 121 –
Impairment of property, plant and equipment (note 12) – 81 –
Negative goodwill (note 11) (473) – –
Research and development expenditure 307 304 287
Staff costs (note 5) 4,051 3,843 3,642
Operating lease rentals payable:
Plant and machinery 159 173 127
Other assets including fixed line rentals 1,661 1,672 1,761
Loss on disposal of property, plant and equipment 92 47 91
Own costs capitalised attributable to the construction or acquisition of property, plant and equipment (418) (374) (331)
The total remuneration of the Group’s auditor, Deloitte LLP and other member firms of Deloitte Touche Tohmatsu Limited for services provided
to the Group is analysed below:
2013 2012 2011
£m £m £m
Audit fees:
Parent company 1 1 1
Subsidiaries 7 6 7
8 7 8
Audit-related assurance services 1 1 1 1
Audit and audit-related fees: 9 8 9
Taxation advisory services 2 – – 1
Other non-audit services 2 – 1 –
Total fees 9 9 10
Notes:
1 Relates to fees for statutory and regulatory filings.
2 Deloitte LLP and other member firms of Deloitte Touche Tohmatsu Limited were engaged during the year to provide a number of taxation advisory and other non‑audit services. In aggregate, fees for these services amounted
to £0.4 million.
In addition to the above, the Group’s joint ventures and associates paid fees totalling £1 million (2012: £2 million; 2011: £1 million) and £4 million
(2012: £5 million; 2011: £5 million) respectively to Deloitte LLP and other member firms of Deloitte Touche Tohmatsu Limited during the year.
Deloitte LLP and other member firms of Deloitte Touche Tohmatsu Limited have also received fees in each of the last three years in respect of audits
of charitable foundations associated to the Group.
A description of the work performed by the Audit and Risk Committee in order to safeguard auditor independence when non‑audit services are
provided is set out in “Corporate governance” on page 62 and 63.