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54Spire Healthcare Annual Review 2010Spire Healthcare Limited PartnershipNotes to the financial statementsFor the year ended 31 December 20107. Auditors' remuneration2010£0002009£000Amounts receivable by auditors and their associates in respect of: Audit of the Group financial statements and subsidiaries411403Other services*7146482449*Other services in 2010 relate to financial and accounting advice and for 2009 due diligence in respect of Spire Thames Valley Hospital.8. Tax on loss(i) Analysis of tax charge/(credit) in the year2010£0002009£000Current tax UK Corporation tax arising in subsidiaries on loss for the year1,9501,106 Adjustments in respect of prior years(188)(124) Total current tax1,762982Deferred tax Origination and reversal of timing differences(323)(17,888) Adjustments in respect of prior years43(6,670) Total deferred tax(280)(24,558) Tax on loss1,482(23,576)
55Spire Healthcare Limited Partnership(ii) Factors affecting the tax charge/(credit)The effective tax assessed for the year, all of which arises in the UK, differs from the standard rate of corporation tax in the UK of 28%. The differences are explained below.2010£0002009£000Loss before taxation(51,304)(64,203)Tax credit on loss at 28% (2009: 28%)(14,365)(17,977)Effects of:Income/expenses not deductible for tax purposes11,8287,028Losses carried forward (not booked as an asset)-1,550Difference in tax rates174-Adjustments to prior years(145)(6,793)Losses carried forward (utilised) and other items not recognised as deferred tax assets3,990(7,384)Total tax charge/(credit) for the year1,482(23,576)Subsidiary undertakings of the Group have unused capital allowances totalling £150 million (2009: £124.9 million) to offset against future trading profits. Subsidiary undertakings of the Group have losses carried forward totalling £73.2 million (2009: £80.5 million) to offset against future trading profits. Deferred tax assets have been recognised in respect of the trading losses to the extent they will be utilised in the next year or can be matched against appropriate deferred tax liabilities.9. Intangible assetsGoodwill£000CostAt 1 January 2009 and 1 January 2010511,150Amounts recognised from business combinations occurring in the year3,739At 31 December 2010514,889Net Book ValueAt 31 December 2010 514,889At 31 December 2009 511,150The goodwill arising on acquisitions is reviewed annually for impairment or when there is an event that may indicate impairment. The directors do not believe that any impairment is required in the financial period.
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