Sports Direct Is The UK's Leading Sports Retailer - Sports Direct ...

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secondary reporting format — geographic segments The Group operates in two geographic segments, UK and Non-UK. These geographic segments are the basis on which the Group reports its secondary segment information, as presented below: Segmental information for the 52 weeks ended 26 April 2009: uk non-uk unallocated eliminations total £’000 £’000 £’000 £’000 £’000 Segmental revenue from external customers 1,101,960 265,361 - - 1,367,321 Total capital expenditure 29,263 8,567 - - 37,830 Segmental assets 1,011,497 282,821 - (316,968) 977,620 Segmental information for the 52 weeks ended 27 April 2008: uk non-uk unallocated eliminations total £’000 £’000 £’000 £’000 £’000 Segmental revenue from external customers 1,047,717 220,864 - (9,071) 1,259,510 Total capital expenditure 117,964 10,873 - - 128,837 Segmental assets 1,027,686 230,390 - (288,336) 969,740 5. other operatinG inCome 52 weeks ended 26 april 2009 52 weeks ended 27 april 2008 £’000 £’000 Rent receivable 3,157 2,744 Other 847 1,279 6. exCeptional items 52 weeks ended 26 april 2009 4,004 4,023 52 weeks ended 27 april 2008 £’000 £’000 Impairment of intangible assets (note15) 14,832 - Impairment of freehold property (note14) 15,682 - 7. operatinG profit Operating profit for the period is stated after charging/(crediting): 52 weeks ended 26 april 2009 30,514 - 52 weeks ended 27 april 2008 £’000 £’000 Foreign exchange gains (1) (14,241) (3,461) Depreciation of property, plant and equipment - Owned assets 45,533 35,332 - Assets held on finance leases 9 251 Amortisation of intangible assets 2,944 2,023 Operating lease rentals - Land and buildings 97,954 94,985 - Other 679 701 (1) Included within this amount for 2008 is a foreign exchange gain of £15,428,000 on disposal of available-for-sale financial assets. Sports Direct International PLC Annual Report 2009 43
notes to the finanCial statements for the 52 weeks ended 26 april 2009 Continued 7. operatinG profit Continued Services provided by the Group’s auditor For the 52 weeks ended 26 April 2009 the remuneration of the auditors, Grant Thornton UK LLP and associated firms, was as detailed below: 52 weeks ended 26 april 2009 52 weeks ended 27 april 2008 £’000 £’000 Audit of the Company’s and the consolidated financial statements 140 140 Audit of subsidiary companies’ financial statements 710 589 Other services provided pursuant to legislation - - Other services relating to taxation 228 344 Services relating to corporate finance transactions - 267 All other services 32 21 8. employee Costs The average monthly number of employees, including Executive Directors, employed by the Group during the period was: 52 weeks ended 26 april 2009 52 weeks ended 27 april 2008 number number Retail stores 7,791 8,057 Distribution, administration and other 2,609 2,917 The aggregate payroll costs of the employees, including executive directors, were as follows: 52 weeks ended 26 april 2009 10,400 10,974 52 weeks ended 27 april 2008 £’000 £’000 Wages and salaries 144,317 137,665 Social security costs 10,874 10,332 Pension costs 531 376 Aggregate emoluments of the directors of the Company are summarised below. 52 weeks ended 26 april 2009 155,722 148,373 52 weeks ended 27 april 2008 £’000 £’000 Aggregate emoluments 554 516 Further details of directors’ remuneration are given in the Directors Remuneration report on pages 38 to 43. Details of certain key management remuneration are given in note 36. 9. availaBle-for-sale finanCial assets 52 weeks ended 26 april 2009 52 weeks ended 27 april 2008 £’000 £’000 Loss/Profit on disposal of available-for-sale financial assets (Note 17) (1) 1,035 41,367 Transfer of historic losses on available-for-sale financial assets (Note 17) (53,156) - Dividend income from investments 172 2,507 (1) The profit for 2008 relates to the disposal of strategic stakes in Amer Sports Corp., adidas A.G and Umbro PLC. 44 Financial Statements
Page 2 and 3: sports direct is the UK’s leading
Page 4 and 5: Contents Chairman’s statement Chi
Page 6 and 7: Dave Forsey Chief Executive overvie
Page 8 and 9: Brands division Total Brands revenu
Page 10 and 11: The Group historically hedged the r
Page 12 and 13: Basis of reportinG The financial st
Page 14 and 15: strateGiC investments During the Ye
Page 16 and 17: simon Bentley Acting Non-Executive
Page 18 and 19: The Board may refuse to register a
Page 20 and 21: auditors Grant Thornton UK LLP has
Page 22 and 23: The Board provides corporate govern
Page 24 and 25: share dealinG Code The Company has
Page 26 and 27: the performanCe share plan The Perf
Page 28 and 29: v a l u e o f h y p o t h e t i C a
Page 30 and 31: direCtors’ responsiBilities The d
Page 32 and 33: During 2008/09 a customer service h
Page 34 and 35: finanCial statements report of the
Page 36 and 37: Continuing operations: Consolidated
Page 38 and 39: assets non-current assets 52 weeks
Page 40 and 41: 1. aCCountinG poliCies The consolid
Page 42 and 43: Borrowings and borrowing costs Borr
Page 44 and 45: 4. seGmental analysis primary repor
Page 48 and 49: 10. finanCe inCome 52 weeks ended 2
Page 50 and 51: 14. property, plant and equipment f
Page 52 and 53: Value in use calculations are based
Page 54 and 55: 17. availaBle-for-sale finanCial as
Page 56 and 57: 21. share Capital authorised 26 apr
Page 58 and 59: 25. BorrowinGs Non-current: 26 apri
Page 60 and 61: The assumptions used to determine t
Page 62 and 63: The dilapidations provision is the
Page 64 and 65: The sterling principal amounts of f
Page 66 and 67: adjustments to fair value for prior
Page 68 and 69: 34. Capital Commitments The Group h
Page 70 and 71: eport of the independent auditor to
Page 72 and 73: 1. aCCountinG poliCies notes to the
Page 74 and 75: 7. reserves share premium account t
Page 76 and 77: egistrar and transfer office Capita

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