Strategic report Governance Financial statements Other information SECTION 1: RESULTS FOR THE YEAR NOTES TO THE GROUP FINANCIAL STATEMENTS INCOME STATEMENT CONTINUED 1.3 Operating costs continued 1.5 Staff costs Operating profit has been arrived at after charging: Staff costs represent amounts paid to employees and NEDs in respect of services provided in the Year ended Year ended year including wages and salaries, share based payment expenses, bonuses, payments to a defined 30 June 2021 30 June 2020 £m £m contribution retirement benefit scheme and related social security costs. Amounts are recognised Depreciation of owned plant and equipment and as the services are provided. rights of use assets (note 2.3) 9.0 8.4 Amortisation of other intangible assets 6.1 5.2 Impairment of intangible assets 1.1 Year ended Year ended – Marketing costs 28.3 23.9 30 June 2021 30 June 2020 No. N0. Operating lease rentals payable – property 0.1 0.1 The average monthly number of employees of the Group Office running costs – excluding operating lease rents payable 4.9 4.3 (includingExutive Directors) was: FSCS costs 13.9 13.7 ec Dealing and financial services costs 35.6 15.1 Operating and support functions 1,360 1,175 Data and technology costs 22.8 14.8 Administrative functions 479 424 Other operating costs1 24.4 28.2 1,839 1,599 Staff costs (note 1.5) 119.8 101.2 Operating costs 266.0 214.9 Their aggregate remuneration comprised: £m £m Wages and salaries 97.5 84.9 1 Included in other costs are fair value movements on investments as disclosed in note 2.4 Social security costs 10.8 6.8 Share based payment expenses 4.5 3.6 1.4 Auditors’ remuneration Other pensioncosts 11.6 10.0 Total costs paid for staffing 124.4 105.3 The analysis of auditors’ remuneration is as follows: Capitalised in the year (4.6) (4.1) Staff costs 119.8 101.2 Year ended Year ended 30 June 2021 30 June 2020 £m £m The staff costs of £119.8 million (2020: £105.3 million) are net of costs capitalised under intangible Audit fees assets. In total, £3.9 million of wages and salaries (2020: £3.4 million), social security costs of Fees payable to the Company’s auditors for the statutory audit of the £0.4 million (2020: £0.4 million) and pension costs of £0.3 million; (2020: £0.3 million) were capitalised. Company’s annual financial statements 0.1 – See note 2.2 for further detail of the amounts capitalised. Fees payable to the Company’s auditors and its associates for the audits of the Company’s subsidiaries 0.4 0.2 Audit related assurance services 0.4 0.2 0.9 0.4 Audit fees in the prior year for the Company are below £50,000 and due to rounding are not shown in full in the above table. Audit and related services provided by the auditor are discussed further in the Audit Committee report on page 84. 146 Hargreaves Lansdown Report and Financial Statements 2021