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Wolseley plc

Annual Report and Accounts 2007


Note 2 Turn Page Note 4

Notes to the consolidated financial statements

Year ended 31 July 2007

3. Amounts charged in arriving at operating profit

  2007
£m
2006
£m
Depreciation of property, plant and equipment 182 134
Amortisation of non-acquired intangible assets 9 6
(Profit) on disposal of property, plant and equipment and assets available for sale (27) (16)
Staff costs (note 10) 2,226 1,943
Amortisation of acquired intangible assets 119 48
Impairment of acquired intangibles 5
Operating lease rentals: land and buildings 202 168
Operating lease rentals: plant and machinery 42 20
Amounts included in costs of goods sold with respect to inventory 11,312 10,007
Amounts charged to write inventory down to net realisable value 32
Amounts credited to reverse write-downs of inventory (1)
Trade receivables impairment 54 38
 
During the year the Group (including its overseas subsidiaries) obtained the following services from the Company’s auditor and its associates:    
Fees for the audit of parent company and consolidated financial statements 0.8 0.8
Other services:    
– Fees for the audit of the Company’s subsidiaries pursuant to legislation (see below) 5.5 4.6
– Fees for other services pursuant to legislation 0.1 0.1
– Taxation 3.9 4.0
– Other services 0.2 0.1
Total fees payable to the auditors 10.5 9.6