Page 63 - DWF Annual Report 2017
P. 63

Notes to the Financial Statements


            Year ended 30 April 2017 (continued)







            4. OPERATING PROFIT                                                                   2017       2016
                                                                                      Note       £’000      £’000

                                   Operating profit is stated after charging/(crediting)
                                                      Depreciation of tangible assets    9       5,713      6,054
                                                    Amortisation of intangible assets    8        206        127
                                                           Amortisation of goodwill      8        234        139
                                                    Amortisation of negative goodwill    8       (882)          -

                                                             Foreign exchange loss                361         17
                                                    Rentals under operating leases
                                                                Land and buildings               9,356      8,805
                                                                    Other leases                  691        984
                                  The analysis of the auditor’s remuneration is as follows:
                       Fees payable to DWF LLP’s auditor and its associates for the audit          94         55
                                  of the Limited Liability Partnership’s annual accounts
                          Fees payable to DWF LLP’s auditor and its associates for other
                                                            services to the Group
                                                  The audit of DWF LLP’s subsidiaries              38         25
                                                                 Total audit fees                 132         80
                                                          Other assurance services                  8          9

                                                           Tax compliance services                 64         45
                                                                   Other services                 133         50
                                                             Total non-audit fees                 205        104

              Other services include reporting under the Solicitors’ Accounts Rules 1998 (since 6 October 2011 - SRA Account Rules), and merger and
              acquisitions advice.
              Fees payable to Deloitte LLP and its associates for non-audit services to the LLP are not required to be disclosed because the consolidated financial
              statements are required to disclose such fees on a consolidated basis. No services were provided pursuant to contingent fee arrangements.


























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