Investor Presentaiton
BOOHOO GROUP PLC
NOTES TO THE FINANCIAL STATEMENTS
(FORMING PART OF THE FINANCIAL STATEMENTS) CONTINUED
3 OTHER INCOME
Property rental income
4 FINANCE INCOME AND EXPENSE
Finance income: Bank interest received
Finance
expense: Loan interest paid
Finance expense: IFRS 16 lease interest
ANNUAL REPORT AND ACCOUNTS 2021
2021
£ million
1.0
2020
£ million
0.2
2021
2020
£ million
£ million
0.9
1.7
(0.1)
(0.1)
(0.2)
(0.3)
(0.3)
(0.4)
7 EARNINGS PER SHARE
Basic earnings per share is calculated by dividing profit after tax attributable to members of the holding company by the weighted average number
of shares in issue during the year. Own shares held by the Employee Benefit Trust are eliminated from the weighted average number of shares.
Diluted earnings per share is calculated by dividing the profit after tax attributable to members of the holding company by the weighted average
number of shares in issue during the year, adjusted for potentially dilutive share options.
Weighted average shares in issue for basic earnings per share
Dilutive share options
Weighted average shares in issue for diluted earnings per share
Earnings (£ million)
Basic earnings per share
Diluted earnings per share
2021
1,220.7
2020
1,161.4
31.4
27.7
1,252.1
1,189.1
90.7
63.7
7.43p
5.48p
7.25p
5.35p
90.7
63.7
/// FINANCIAL STATEMENTS
5 AUDITOR'S REMUNERATION
Share-based payments charges
Audit of these financial statements
Disclosure below based on amounts receivable in respect of services to the
Share-based payment charge adjustment for non-controlling interests
Adjustment for tax
group
Amounts receivable by auditors and their associates in respect of:
Pro forma non-controlling interest adjustment to 34%
Audit of financial statements of subsidiaries pursuant to legislation
0.2
Other services relating to taxation
-
0.2
0.4
0.4
The auditor's remuneration in 2021 is payable to PKF Littlejohn LLP, whereas that in 2020 was payable to PricewaterhouseCoopers LLP.
6 PROFIT BEFORE TAX
Profit before tax is stated after charging:
Short-term operating lease rentals for buildings
2021
2020
£ million
£ million
Earnings (£ million)
Adjusting items:
Amortisation of intangible assets arising on acquisitions
5.5
5.1
19.7
11.0
(0.7)
(0.7)
(4.8)
(3.0)
(1.9)
(6.2)
0.4
Adjusted earnings
Adjusted basic earnings pers share
108.5
69.9
8.89p
6.02p
Adjusted diluted earnings per share
8.67p
5.88p
Adjusted earnings and adjusted earnings per share gives a more consistent measure of the underlying performance of the business excluding non-
cash accounting charges relating to the amortisation of intangible assets valued upon acquisitions, non-cash share-based payment charges and
increasing the non-controlling interest in PrettyLittleThing.com Limited to 34% of net profit for the year, as in previous years (see note 1).
2021
2020
8 STAFF NUMBERS AND COSTS
£ million
£ million
0.2
0.2
The
average monthly number of
persons employed by the group (including directors) during the year, analysed by category, was as follows:
Equity-settled share-based payment charges
Acquisition and restructuring costs
Depreciation of property, plant and equipment
Depreciation of right-of-use assets
Amortisation of intangible assets
Amortisation of acquired intangible assets
19.7
11.0
Number of employees
0.3
1.3
2021
2020
14.4
11.5
Administration
1,767
1,599
5.7
5.1
Distribution
1,275
1,020
4.2
3.0
3,042
2,619
5.5
5.1
100
The aggregate payroll costs of these persons were as follows:
Wages and salaries
Social security costs
Post-employment benefits
Equity-settled share-based payment charges
101
2021
2020
£ million
£ million
106.6
84.9
9.2
8.7
2.5
1.7
19.7
11.0
138.0
106.3View entire presentation