Send us Feedback

Imperial Chemical Industries (ICI)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

ICI » Topics » Notes relating to the Company accounts

This excerpt taken from the ICI 6-K filed Mar 14, 2006.

Notes relating to the Company accounts

 

(xv) Staff numbers and costs

The average number of persons employed by the Company (including Directors) during the year, was as follows:

  Number of employees  
 
  2005   2004  
         
Average number of persons employed by the Company 1,177   1,254  
     
The aggregate payroll costs of these persons were as follows:    
  2005   2004  
  £m   £m  
         
Wages and salaries 63   68  
Share-based payments (see note xvii) 3   3  
Social security costs 7   7  
Other pension costs 47   52  
  120   130  

(xvi) Directors’ remuneration

Information covering Directors’ remuneration, interests in shares, debentures, share options and pension benefits is included in note 2 relating to the Group accounts and in the Remuneration Report on pages 42 to 52.

(xvii) Share-based payments

For details of ICI’s employee share option schemes and other share-based plans refer to note 7 relating to the Group accounts.

The Company has applied the requirement of FRS 20 Share-based payment and has elected not to adopt the exemption to apply FRS 20 only to awards made after 7 November 2002, instead a full retrospective approach has been followed on all grants not fully vested at the date of transition in order to maintain consistency across the reporting periods.

The fair value of awards granted is determined using the Black-Scholes valuation model, refer to note 7 relating to the Group accounts for the fair value assumptions used.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki