Group overview

Five-year financial review

R million unless otherwise stated     2013   2012   2011   2010   2009  
Stock exchange (JSe limited) peRfoRmance              
Pick n Pay Stores Limited (PIK)             
Number of shares in issue     480.4   480.4   480.4   480.4   506.1  
Weighted average number of shares in issue     478.1   477.4   475.7   473.2   471.7  
Total market capitalisation     21 829.3   20 690.7   22 309.7   19 408.1   15 690.2  
Price:earnings ratio   times   40.8   30.2   28.2   18.9   14.8  
Dividend per share   cents   84   130.9   142.5   174.5   170  
Dividend cover   times   1.3   1.1*  1.2   1.2   1.2  
Volume of shares traded     274.5   216.8   275.7   209.5   238.8  
Percentage of shares traded   %   57.1   45.1   57.4   43.6   47.2  
Market price per share – average   cents   4 461   4 177   4 472   3 486   3 145  
Pick n Pay Holdings Limited (PWK)             
Number of shares in issue     527.2   527.2   527.2   527.2   527.2  
Weighted average number of shares in issue     516.4   516.4   515.9   515.3   514.7  
Headline earnings per share   cents   55.1   70.8   82.1   106.8   104.8  
Price:earnings ratio   times   34.4   25.9   24.4   15.7   12.5  
Dividend per share   cents   40.8   63.5   69.3   84.9   83  
Dividend cover   times   1.4   1.1*  1.2   1.3   1.3  
Volume of shares traded     139.6   122.8   165.7   60.4   85.7  
Percentage of shares traded   %   26.5   23.3   31.4   11.5   16.3  
Market price per share – average   cents   1 944   1 745   1 885   1 495   1 325  

 

definitionS

  Headline earnings   Net profit for the period adjusted for the after tax effect of certain capital items
  EBITDA   Earnings before interest, tax, depreciation and amortisation  
  Return on shareholders’ equity   Headline earnings expressed as a percentage of the average ordinary shareholders’ equity for the period  
  Return on total assets   Headline earnings expressed as a percentage of the average total assets for the period  
  Headline earnings per share   Headline earnings divided by the weighted average number of shares in issue for the period  
  Dividend cover   Headline earnings per share divided by the dividends per share which relate to those earnings  
  Net asset value per share   Total value of net assets at period end, adjusted for directors’ valuations of property and investments, divided by the number of shares in issue at period end, held outside the Group  
  Market capitalisation   The price per share at period end multiplied by the number of shares in issue at period end  
  Price:earnings ratio   The price per share at period end divided by headline earnings per share  
  Dividends per share   The interim dividend declared during the current financial period and the final dividend declared after period end, in respect of the current financial period  
Five-year financial review Five-year financial review

* Due to an additional dividend paid to shareholders in respect of secondary tax on companies no longer payable, the dividend cover for this period decreased.