Annual Report - SABMiller

154 Notes to the company financial statements SABMiller plc Annual Report 2010Notes to the company financial statements continued10. Profit and loss informationEmployeesEmployee costs recognised in the profit and loss during the year were as follows:2010 2009US$mUS$mWages and salaries 66 52Share-based payments 24 19Social security costs 9 9Other pension costs 6 5105 85For further information relating to share-based incentive schemes see note 25 to the consolidated financial statements of the group.For information relating to directors’ remuneration please refer to the remuneration report on pages 59 to 67.Details of key management remuneration is provided in note 6 to the consolidated financial statements of the group.The average monthly number of employees for the year is shown on a full-time equivalent basis and includes executive directors:2010 2009NumberNumberNumber of employees 314 273Details of auditors’ remuneration are provided in note 3 to the consolidated financial statements of the group.Operating leasesOperating lease charges recognised in the profit and loss during the year were as follows:2010 2009US$mUS$mPlant and machinery 3 1Other 7 511. Other informationDeferred tax assets have not been recognised in respect of the following:2010 2009US$mUS$mTax losses 21 –Capital allowances in excess of depreciation 12 9Accruals and provisions 1 –Share-based payments 17 11Cash flow hedges 1 352 232010 2009US$mUS$mCapital expenditure contracted but not provided 5 3The company has guaranteed borrowings in respect of certain subsidiary undertakings. Guarantee fees received from 100% owned subsidiarieswere US$1 million (2009: US$1 million). Refer to note 12 for guarantee fees paid to related parties.At 31 March 2010 the company had annual commitments under non-cancellable operating leases as follows:2010 2009US$mUS$mLand and buildings:Between two and five years 2 1After five years 4 4Other:Between two and five years 2 1