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Notes to the Financial Statements

for the year ended 31 December 2004

10 Profit On Ordinary Activities Before Tax

    Rm
  Year to
31 December
2004
Year to
31 December
2003
Profit on ordinary activities before tax is stated  
After crediting  
Aggregate rentals receivable under  
Finance leases 1,097 185
Operating leases 319 173
Income from listed investments 16,270 13,645
Gains on the disposal of investment securities - banking 12 222
After charging    
Depreciation 1,216 1,392
Rental charges - operating leases and similar hire purchase 767 654
Auditors' remuneration 145 130

 

    Rm
  Year to
31 December
2004
Year to
31 December
2003
10(a) Auditors' remuneration    
Total fees payable to the Group's auditors  
Statutory audit services 61 56
Other audit and assurance services 26 43
  87 99
Tax services - advisory 5 5
- compliance 1 1
Other services 52 25
  145 130

Included in the above are audit fees payable by the Company of £0.4 million (R4.7 million) (2003: £0.4 million (R4.9 million)). In addition to the above, fees of £2.5 million (R30 million) (2003: £1.6 million (R20 million)) were payable to other auditors in respect of joint audit arrangements of certain banking subsidiaries. "Other services" consists primarily of advisory work in connection with the International Financial Reporting Standards conversion.


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