WHISTL ANNUAL REPORT 2022

6 Operating loss

Operating loss is stated after charging/(crediting):

2022 £’000

2021 £’000

10,633

Amortisation of goodwill

10,260

538

Amortisation of intangible fixed assets Depreciation of tangible fixed assets Loss from the disposal of tangible fixed assets

603

3,790

2,939

3

218 243

649 969

Impairment of trade debtors

Exceptional costs*

4,000

(256)

Grant income

(256)

Auditor’s remuneration - as auditor

312

295

32

- other non-audit related services Net loss on foreign currency translation

29

6

3

Operating lease charges: - Plant and machinery

6,181

6,005

10,952

- Other

9,176

* Exceptional costs of £1.0m were incurred 2022 which included loss on disposal of fixed assets of £0.5m in relation to Marlow and Farnborough office relocation. Other exceptional costs include £0.5m of M&A advisory costs. Exceptional costs of £4.0m were incurred in 2021, which included one-off start-up and double running costs incurred in the year of £2.8m in relation to the new warehouse/depot facility in Lutterworth/Northampton. Other exceptional costs of £0.5m related to depot reorganisation and management restructure and £1.7m of advisory costs, offset by a credit of £1.0m being non-recurring income received from a landlord.

7 Employee information

The average monthly number of staff (including Executive Directors) employed by the Group during the year amounted to:

2022 Number

2021 Number

569

Sales, management, finance and administration

579

1,957 2,526

Operations

1,952 2,531

The aggregate payroll costs of the above were:

2022 £’000

2021 £’000

68,411 6,842

Wages and salaries Social security costs

66,136

5,951 1,979

2,174

Other pension costs (note 26)

77,427

74,066

Whistl Annual Report 2022

53

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