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Annual Report and Accounts 2010-11 - Manchester Airport

Annual Report and Accounts 2010-11 - Manchester Airport

Annual Report and Accounts 2010-11 - Manchester Airport

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Notes to the Financial Statements for the year ended 31 March 20<strong>11</strong> 771. Auditors’ remuneration20<strong>11</strong> <strong>2010</strong>£m £mAuditors’ remuneration:Audit of these financial statements 0.1 0.1Amounts receivable by auditors <strong>and</strong> their associates in respect of:Other services relating to taxation 0.2 0.32. Profit on ordinary activities after taxation for the CompanyAs permitted by Section 230 of the Companies Act, the Company’s profit <strong>and</strong> loss account has not been included in these financialstatements. As showing in Note 10, the loss (<strong>2010</strong>: loss) attributable to the Shareholders includes a loss of £22.5m(<strong>2010</strong>: loss of £22.2m) before dividends, is dealt with in the financial statements of the Company.3. Tangible fixed assetsPlant <strong>and</strong> machinery,motor vehicles£mCostAt 1 April <strong>2010</strong> <strong>and</strong> 31 March 20<strong>11</strong> 0.1DepreciationAt 1 April <strong>2010</strong> <strong>and</strong> 31 March 20<strong>11</strong> 0.1Net book valueAt 1 April <strong>2010</strong> <strong>and</strong> 31 March 20<strong>11</strong> –4. Fixed asset investmentsSubsidiary undertakings£mCost <strong>and</strong> net book valueAt 1 April <strong>2010</strong> <strong>and</strong> 31 March 20<strong>11</strong> 359.5Particulars of principal subsidiary undertakings are listed on page 80, which forms part of these financial statements.The <strong>Manchester</strong> <strong>Airport</strong> Group PLC <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> <strong>2010</strong>-<strong>11</strong>

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