| |
Reviewed |
|
Audited |
| |
Year
to |
|
Year
to |
| |
Feb
2006 |
Growth |
Feb
2005 |
| |
Rm |
% |
Rm |
| |
|
|
|
| Revenue
(note 2) |
36
784.6 |
|
33
343.9 |
| |
|
|
|
| Turnover |
35
078.4 |
10.0 |
31
885.0 |
| Cost
of merchandise sold |
(29
060.1) |
|
(26
388.2) |
| Gross
profit |
6
018.3 |
|
5
496.8 |
| Other
trading income |
1
649.3 |
|
1
377.5 |
| Trading
expenses |
(6
620.2) |
|
(5
978.7) |
| Trading
profit |
1
047.4 |
16.9 |
895.6 |
| Interest
received |
56.7 |
|
81.4 |
| Operating
profit |
1
104.1 |
13.0 |
977.0 |
| Interest
paid |
(37.6) |
|
(32.9) |
| Dividends
received |
0.2 |
|
- |
| Share
of associate's profit |
23.4 |
|
14.6 |
| Exceptional
items |
(2.5) |
|
21.6
|
| Profit
before tax |
1
087.6 |
|
980.3 |
| Tax
(note 5) |
(384.5) |
|
(346.2) |
| Net
profit for the year |
703.1
|
|
634.1
|
| |
|
|
|
| Trading profit margin |
3.0% |
|
2.8% |
| Operating profit margin |
3.1% |
|
3.1% |
| |
|
|
|
| Per
share - cents |
|
|
|
| Earnings |
152.49 |
|
135.30 |
| Diluted earnings |
144.42 |
|
129.20 |
| Interim
dividend - No.
75 paid |
23.30 |
|
19.80 |
| Final
dividend - No. 76 payable |
90.50 |
18.0 |
76.70 |
| Total
dividend |
113.80 |
|
96.50 |
| |
|
|
|
| |
|
|
|
| Headline
earnings reconciliation |
|
|
|
| Net
profit for the year |
703.1 |
|
634.1 |
| |
|
|
|
| Exceptional
items |
2.5
|
|
(21.6) |
| Loss
on sale of fixed assets |
6.8 |
|
3.8 |
| Profit
on sale of property |
(4.3) |
|
(1.4) |
| Profit
on sale of Boardmans |
- |
|
(24.0) |
| |
|
|
|
| Headline
earnings |
705.6 |
15.2 |
612.5 |
| |
|
|
|
| Per
share - cents |
|
|
|
| Headline
earnings |
153.02 |
17.1 |
130.70 |
| Diluted
headline earnings |
144.92 |
|
124.84 |
|
|
|
|