Statement of Accounts and Annual - Arsenal.com

40
ARSENAL HOLDINGS PLC
FINANCIAL STATEMENTS
ARSENAL HOLDINGS PLC
NOTES TO THE ACCOUNTS
For the year ended 31 May 2007
7. Directors’ emoluments
2007 2006
Salary/fees Bonus Benefits Sub total Pension Total Total
£000’s £000’s £000’s £000’s £000’s £000’s £000’s
PD Hill Wood 66 - 10 76 - 76 61
DB Dein 315 - - 315 - 315 500
Sir Roger Gibbs - - - - - - 15
RCL Carr 25 - - 25 - 25 15
Lady Nina Bracewell-Smith 25 - - 25 - 25 15
KJ Friar OBE 254 300 22 576 - 576 703
DD Fiszman 25 - - 25 - 25 15
KG Edelman 652 500 5 1,157 5 1,162 1,038
Sir Chips Keswick 25 - - 25 - 25 15
Lord Harris of Peckham - - - - - - -
1,387 800 37 2,224 5 2,2292,377
Lord Harris of Peckham waived director’s fees of £25,000 and the Group donated the amount waived to an
appropriate charity.
As at the time of signing these accounts, no amount had been determined in respect of any potential ex-gratia
termination payment for D.B. Dein and accordingly no amount has been disclosed in the accounts.
8. Tax on profit on ordinary activities 2007 2006
£000’s £000’s
UK Corporation tax charge at 30% (2006 – 30%) 151 701
(Over)/under provision in respect of prior years - ( 2,018 )
Total current taxation 151 ( 1,317 )
Deferred taxation (see note 18)
Origination and reversal of timing differences 2,707 8,333
(Over)/under provision in respect of prior years ( 101 ) 967
Total tax on profit on ordinary activities 2,757 7,983