Annual Report 2020

Raw material cost of goods sold/bought in finished goods

1,280.5

-

1,280.5

1,065.0

-

1,065.0

Inventory write-down (note 14)

2.2

-

2.2

3.2

-

3.2

Employee remuneration (note 3)

144.4

3.0

147.4

143.4

5.3

148.7

Direct brand marketing

18.2

-

18.2

18.0

-

18.0

Other operating, selling and administration costs

119.6

50.4

170.0

201.9

2.1

204.0

Foreign exchange

0.1

-

0.1

(0.9)

-

(0.9)

Depreciation (note 11) (note 18)

30.3

-

30.3

13.1

-

13.1

Amortisation (note 12)

2.5

-

2.5

2.4

-

2.4

Net profit on disposal of property, plant & equipment

(0.2)

-

(0.2)

(0.1)

-

(0.1)

Auditors remuneration

0.9

-

0.9

1.2

-

1.2

Impairment of intangible assets (note 12)

-

36.6

36.6

-

-

-

Revaluation/impairment of property, plant & machinery (note 11)

-

1.0

1.0

-

0.4

0.4

Operating lease rentals:

– land & buildings

-

-

-

8.5

-

8.5

– plant & machinery

-

-

-

1.0

-

1.0

– other

-

-

-

13.7

-

13.7

Total operating expenses

1,598.5

91.0

1,689.5

1,470.4

7.8

1,478.2

Audit of the Group financial statements

0.9

1.2

Total

0.9

1.2