| |
Reviewed
Year to
Feb 2007
Rm |
Growth
% |
Audited
Year to
Feb 2006
Rm |
| Revenue (note 3) |
41
128.1 |
|
36 664.9 |
| Turnover |
39
337.1 |
12.1 |
35 078.4 |
| Cost of merchandise sold |
(32
443.2) |
|
(29 060.1) |
| Gross profit |
6
893.9 |
|
6 018.3 |
| Other trading income |
1
749.4 |
|
1 529.6 |
| Trading expenses |
(7
354.9) |
|
(6 500.5) |
| Profit on sale of investments |
8.2 |
|
— |
| Loss on sale of property,
equipment and vehicles |
(9.4) |
|
(2.5) |
| Trading profit |
1
287.2 |
23.2 |
1 044.9 |
| Interest received |
41.6 |
|
56.7 |
| Operating profit |
1
328.8 |
|
1 101.6 |
| Interest paid |
(49.3) |
|
(37.6) |
| Dividends received |
—
|
|
0.2 |
| Share of associate’s
profit |
26.1 |
|
23.4 |
| Impairment of investment
in associate (note 6) |
(64.0) |
|
— |
| Impairment of goodwill
(note 8) |
(36.3) |
|
— |
| Profit before tax |
1
205.3 |
|
1 087.6 |
| Tax (note 7) |
(529.7) |
|
(384.5) |
| Profit for the year |
675.6 |
|
703.1 |
| Trading
profit margin |
3.3% |
|
3.0% |
| Operating
profit margin |
3.4% |
|
3.1% |
| Earnings per share –
cents |
|
|
|
| Basic |
148.13 |
|
152.49 |
| Diluted |
139.86 |
|
144.42 |
| Interim
dividend – No. 77 paid |
27.00 |
|
23.30 |
| Final dividend
– No. 78 payable |
107.25 |
18.5 |
90.50 |
| Total
dividend |
134.25 |
|
113.80 |
| Headline earnings
reconciliation |
|
|
|
| Profit for the year |
675.6 |
|
703.1 |
| Profit on sale of investments |
(8.2) |
|
— |
| Loss on sale of property,
equipment and vehicles |
9.4 |
|
2.5 |
| Impairment of investment
in associate (note 6) |
64.0 |
|
—
|
| Impairment of goodwill
(note 8) |
36.3 |
|
—
|
| Headline earnings |
777.1 |
10.1 |
705.6 |
| Reversal of deferred tax
asset (note 7) |
46.4 |
|
—
|
| Headline earnings
before deferred tax reversal |
823.5 |
16.7 |
705.6 |
| Headline earnings per
share – cents |
|
|
|
| Headline
– before deferred tax reversal* |
180.55 |
18.0 |
153.02 |
| Headline |
170.38 |
|
153.02 |
| Diluted |
160.79 |
|
144.92 |
