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| Pick ’n Pay Holdings
Limited (“PIKWIK”) |
| Reviewed results
for the year ended 28 February
2007 |
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| Share Code: PWK ISIN
code: ZAE000005724 |
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Pikwik’s only asset is
its 52.94% (2006: 52.94%) investment in Pick ’n
Pay Stores Limited. The Pikwik Group earnings
are directly related to those of this investment.
Headline earnings for the year amount to R411.4
million (2006: R373.5 million). Headline
earnings before the deferred tax reversal (note 7)
is R436.0 million, an increase of 16.7%
Headline earnings per share, calculated using
the weighted average number of shares in issue
during the year of 508.7 million (2006: 505.4
million), is 80.87 cents (2006: 73.90 cents).
Headline earnings per share before the deferred
tax reversal (note 7)
is 85.70 cents, an increase of 16.0% The total
number of shares in issue is 527.2 million (2006:
527.2 million). Pikwik’s final dividend
per share is 52.35 cents (2006: 44.18 cents). |
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