Untitled

Notes to the Financial Statements (continued)
15. lnvestments: own shares
The EMI Group General Employee Benefit Trust (EBT) was established to hedge the future obligations of the Group in respect of shares
awarded under the Senior Executrve lncenti\€ Plan (SEIP), the EMI Music Long-Term lncentive Plan and other sharebased plans. The
Trunee of the EBI ENy'l Group Trustees (Guernsey) Limrted, purchases the Companys Ordinary Shares in the open market with financing
provided by the Company, as required, on the basis of regular revrs/l6 of the anticipated share liabilities of the Group. The EBT has,
since December '1998, waved any entitlement to the receipt of dividends in respect of all of its holding of the CompanyS Ordinary
Shares. The EBT3 waiver of dividends may be revoked or varied at any time.
The cost of the shares expected to be awarded under each plan is amortised wenly over the period from the onginal grant of the
particular award to the time of vesting. This is normally a period of not less than three years.
Group and Company
Amortisation in the
Raw matenals and consumables
Work rn progress
Finished qoods 29.8 35 6 -
rotal 39F -
17. Debtors
Due within one year:
Trade debtors
Amouns c'\ /ed by subsidiary undertakings
Amounts owed by associated undertakings
Amounts owed by joint venture (HMV Media Group plc)
Corporate taxation recoverable
Other debton
and accrued income
Corporate taxation recoverable
Other debtors
and accrued income