Notes to the financial statements - Plasmon

Notes to the financial statements continued
for the year ended 31 March 2003
6 Loss on ordinary activities before taxation
Loss on ordinary activities before taxation is stated after charging/(crediting):
2003 2002
£’000 £’000
Research and development expenditure 10,139 11,408
Depreciation
– leased assets 1,094 828
– owned assets 3,606 3,749
Amortisation
– goodwill 1,099 1,196
– intangibles 208 70
Fees paid to Auditors for:
– audit (Company: 2003: £29,000, 2002 £29,000) 158 189
– other services (Company: 2003: £37,000, 2002: £40,000) 68 131
Operating lease payments
– plant and machinery 203 219
– other 1,034 1,238
(Profit)/loss on sale of fixed assets (24) 32
Foreign exchange gains (441) (121)
Exceptional operating costs (see Note 4) 520 3,517
7 Interest receivable
2003 2002
£’000 £’000
Bank deposits – 36
8 Interest payable
2003 2002
£’000 £’000
Bank loans and overdrafts 564 417
Finance leases and hire purchase contracts 173 160
Plasmon Plc
Annual Report 2003
Notes to the financial statements
34
737 577