Bonus Payments

Tim McCormack made this Freedom of Information request to Post Office Limited Automatic anti-spam measures are in place for this older request. Please let us know if a further response is expected or if you are having trouble responding.

The request was partially successful.

Dear Post Office Limited,

In a recent reply to an FOI request you stated that Bonus Payments related to financial performance in future will be determined by the profit of the company after EBITDAS plus the inclusion of "Change Spend".

There is, as far as I know, no indication of 'Change Spend' in any of your previous ARAs.

Could you please provide me with the 'Change Spend' figure for the last 3 years of your published accounts.

I believe I have the 'Change Spend' figure for the year 18/19 which was published by you on this site.

Could you please provide me with the date you submitted the ARA for 22/23 to the Department of Business and Trade.

Yours faithfully,

Tim McCormack

information.rights@postoffice.co.uk, Post Office Limited

Our ref: FOI2023/00654

Dear Tim McCormack,

Thank you for your request for information which was received on 13th
November. Your request is being considered under the terms of the Freedom
of Information Act 2000.

The Act requires that a response must be given promptly, and in any event
within 20 working days. We will therefore reply at the latest by 12th
December.

Please remember to quote the reference number above in any future
communications.

Regards,

Data Protection and Information Rights Team

100 Wood Street,

London,

EC2V 7ER

information.rights@postoffice.co.uk, Post Office Limited

Dear Tim McCormack

We are writing in respect of your information request, FOI2023/00654. At
present our view is that your request falls within the scope of the
qualified exemption(s) at section 43 of the Freedom of Information Act ("
FOIA"), relating to Commercial Interests.

As permitted by section 10 of the FOIA, Post Office Limited (" Post
Office") requires further time to consider the public interest test in
relation to this exemption. An extension is permitted until such time as
is reasonable in the circumstances. Having considered the FOIA Code of
Practice, Post Office considers that an extension of 20 working days is
appropriate in this instance and will therefore aim to respond to you by
15th January.

Regards

Data Protection and Information Rights Team

100 Wood Street,

London,

EC2V 7ER

[1][email address]

Post Office Limited is committed to protecting your privacy, information
about how we do this can be found on our website at
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information.rights@postoffice.co.uk, Post Office Limited

1 Attachment

Dear Tim McCormack,

Please find the response attached relating to your Freedom of Information
request.

Regards,

Data Protection and Information Rights Team

100 Wood Street,

London,

EC2V 7ER