05/03/2012 Guinness Peat Group plc - Results Presentation

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05/03/2012 Guinness Peat Group plc - Results Presentation

O V E R H E A D A N A LY S I S & P R O G R E S SHeadcount at 31 December 2011 - 20 executivemanagement and administration employees (2010: 33)Other staff incentives represent cost of staff retention andreward programmes and future redundanciesOne-off advisors' fees relating to thestrategic review and return of capital31 Dec2011£m31 Dec2010£m9 3Costs being spread over period that services are providedCertain incentives dependent on outcome of assetrealisation exerciseCost of redundancies arising in the year 2 1Other staff incentives 6 -Other operating costs 18 20Total £m 35 24Total NZ$m 70 48GUINNESS PEAT GROUP – 14 Nov 2011 ICCONFIDENTIAL – NOT FOR EXTERNAL DISTRIBUTION21

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