Notes to the financial statements

For the 52 weeks ended 1 March 2008

9. Employee benefit costs and employee numbers

Employee costs for the Group were as follows:

  Notes 52 weeks
ended
1 March
2008
£m
Short period
ended
3 March
2007
£m
Wages and salaries   (670.6) (631.9)
Social security costs   (42.9) (39.8)
Post-employment benefits 25 (33.0) (29.2)
Share-based payments 30 (21.6) (16.3)
    (768.1) (717.2)

The average numbers of employees were as follows:

  52 weeks
ended 1 March 2008
Short period
ended 3 March 2007
  Number of employees Full time equivalent Number of employees Full time equivalent
Argos 33,205 17,931 33,501 17,861
Homebase 19,531 11,501 18,701 11,210
Financial Services 416 370 394 360
Central Activities 45 44 37 37
  53,197 29,846 52,633 29,468
Key management compensation 52 weeks
ended
1 March
2008
£m
Short period
ended
3 March
2007
£m
Short-term employee benefits (5.2) (4.7)
Post-employment benefits (1.5) (1.4)
Share-based payments (6.3) (5.7)
  (13.0) (11.8)