Company
Group
income statement
income statement
1998 1998
1997
DEPRECIATION
Property:
under management
Equipment
OTHER OPERATING EXPENSES
435
1,554
1,989
6,840
This item includes additions to the other provisions; these additions relate to commitments arising from
early retirement of employees and other schemes.
VALUE ADJUSTMENTS TO RECEIVABLES
(2,000)
This item covers value adjustments to receivables and provisions for off-balance sheet commitments
as well as any releases relating thereto.
TAXATION
31,573
(2,000)
31,574
This item represents the tax due on 'Result before taxation' for the year 1998, taking account of sums which are not
tax-deductible or where scope for deduction is limited.