2568.11 kb - Compass Group

52 Compass Group PLC Annual Report 2007Notes to the consolidated financial statementsfor the year ended 30 September 20071 Segmental reporting continuedBusiness segmentsTravelContracts Vending Concessions activities TotalOther information £m £m £m £m £mYear ended 30 September 2007Total additions to property, plant and equipment 1 157 47 – 1 205Less: discontinued businesses 1 – (34) – – (34)Additions to property, plant and equipment – continuing 1 157 13 – 1 171Total additions to other intangible assets 18 2 – 1 21Less: discontinued businesses – – – – –Additions to other intangible assets – continuing 18 2 – 1 21Year ended 30 September 2006Total additions to property, plant and equipment 1 150 61 73 – 284Transfers 1 12 – (12) – –Less: discontinued businesses 1 – (52) (61) – (113)Additions to property, plant and equipment – continuing 1 162 9 – – 171Total additions to other intangible assets 30 – – 1 31Transfers – – – – –Less: discontinued businesses (1) – – – (1)Additions to other intangible assets – continuing 29 – – 1 30Central1. Includes leased assets.The Travel Concessions businesses held on 30 September 2006 were transferred to the Contracts segment to ensure alignment with the new management reporting structure.2 Operating costs2007 2006Operating costs £m £mCost of food and materials:Cost of inventories consumed 3,426 3,441Labour costs:Employee benefit expense (note 3) 4,518 4,506Overheads:Depreciation – owned property, plant and equipment 131 140Depreciation – leased property, plant and equipment 11 11Amortisation – owned intangible assets 31 37Property lease rentals 52 56Other occupancy rentals – minimum guaranteed rent 38 36Other occupancy rentals – rent in excess of minimum guaranteed rent 4 4Other asset rentals 55 60Audit and non-audit services (see below) 5 7Other expenses 1,472 1,514Total continuing operations 9,743 9,812The 2006 amounts in respect of rental expenses have been restated to reflect a more accurate classification of costs adopted in 2007.Impairment of goodwill, impairment of inventories, impairment of financial assets and net foreign exchange gains/losses recorded in income statement £nil (2006: £nil).