8. PnP IAR 2014_Fins_pp137-147

Notes to the Company financial statements
for the period ended

      364 days to  
2 March  
2014  
Cents per  
share  
368 days to  
3 March  
2013  
Cents per  
share  
4.   DIVIDENDS        
4.1   Dividends paid        
   Pick n Pay Stores Limited        
   Number 90 – declared 22 April 2013 – paid 18 June 2013
(2013: Number 88 – declared 16 April 2012 – paid 11 June 2012)  
69.25   108.35  
   Number 91 – declared 21 October 2013 – paid 17 December 2013
(2013: Number 89 – declared 23 October 2012 – paid 18 December 2012)  
14.80   14.75  
   Total dividends per share for the period   84.05   123.10  
      Rm   Rm  
   Total value of dividends paid by the Company   403.8   591.4  
      Cents  
per share  
Cents  
per share  
   Pick n Pay Holdings Limited RF        
   Number 63 – declared 22 April 2013 – paid 18 June 2013
(2013: Number 61 – declared 16 April 2012 – paid 11 June 2012)  
33.61   52.57  
   Number 64 – declared 21 October 2013 – paid 17 December 2013
(2013: Number 62 – declared 23 October 2012 – paid 18 December 2012)  
7.20   7.17  
   Total dividends per share for the period   40.81   59.74  
      Rm   Rm  
   Total value of dividends paid by the Company   215.2   315.0  
4.2   Dividends declared         
   Pick n Pay Stores Limited         
   Interim dividend – number 91 (2013: number 89)  14.80   14.75  
   Final dividend – number 92 (2013: number 90)  77.50   69.25  
      92.30   84.00  
   The directors have declared a final dividend (dividend 92) of 77.50 cents per share out of income reserves. The dividend is subject to dividend withholding tax at 15%, where shareholders are subject to this tax. The last day to trade in order to participate in the dividend (CUM dividend) will be Friday, 6 June 2014. The shares will trade ex dividend from the commencement of business on Monday, 9 June 2014 and the record date will be Friday, 13 June 2014. The dividends will be paid on Tuesday, 17 June 2014.        
   Pick n Pay Holdings Limited RF        
   Interim dividend – number 64 (2013: number 62)  7.20   7.17  
   Final dividend – number 65 (2013: number 63)  37.10   33.61  
      44.30   40.78  
   The directors have declared a final dividend (dividend 65) of 37.10 cents per share out of income reserves. The dividend is subject to dividend withholding tax at 15%, where shareholders are subject to this tax. The last day to trade in order to participate in the dividend (CUM dividend) will be Friday, 6 June 2014. The shares will trade ex dividend from the commencement of business on Monday, 9 June 2014 and the record date will be Friday, 13 June 2014. The dividends will be paid on Tuesday, 17 June 2014.