|
|
|
|
|
Audited |
|
Six Months Ended |
|
Year to |
|
Aug
2006 |
Growth |
Aug
2005 |
|
Feb 2006 |
|
Rm |
% |
Rm |
|
Rm |
|
|
|
|
|
|
| Revenue
(note 3) |
19
487.0 |
|
17
700.1 |
|
36
784.6 |
|
|
|
|
|
|
| Turnover |
18
617.3 |
10.3 |
16
880.8 |
|
35
078.4 |
| Cost
of merchandise sold |
(15
429.9) |
|
(14
055.1) |
|
(29
060.1) |
| Gross
profit |
3
187.4 |
|
2
825.7 |
|
6 018.3 |
| Other
trading income |
849.9 |
|
784.8 |
|
1
649.3 |
| Trading
expenses |
(3
584.2) |
|
(3
233.2) |
|
(6
620.2) |
| Profit
on sale of investment |
7.8 |
|
- |
|
- |
| Loss
on sale of property, equipment and vehicles |
(
4.7) |
|
(
6.8) |
|
(
2.5) |
| Trading
profit |
456.2 |
23.1 |
370.5 |
|
1
044.9 |
| Interest
received |
19.8 |
|
34.5 |
|
56.7 |
| Operating
profit |
476.0 |
17.5 |
405.0 |
|
1
101.6 |
| Interest
paid |
(
27.1) |
|
(
21.8) |
|
(
37.6) |
| Dividends
received |
- |
|
- |
|
0.2 |
| Share
of associate's profit |
24.1 |
|
14.6 |
|
23.4 |
| Profit
before tax |
473.0 |
|
397.8 |
|
1
087.6 |
| Tax |
(
178.3) |
|
(
149.1) |
|
(
384.5) |
| Profit
for the period |
294.7 |
18.5 |
248.7 |
|
703.1 |
|
|
|
|
|
|
| Trading profit margin |
2.5% |
|
2.2% |
|
3.0% |
| Operating profit margin |
2.6% |
|
2.4% |
|
3.1% |
|
|
|
|
|
|
| Per
share - cents |
|
|
|
|
|
|
|
|
|
|
|
| Basic
earnings |
64.53 |
|
53.84 |
|
152.49 |
| Diluted
basic earnings |
60.96 |
|
50.98 |
|
144.42 |
|
|
|
|
|
|
| Interim
dividend - No.
77 |
27.00 |
15.9 |
23.30 |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| Headline
earnings reconciliation |
|
|
|
|
|
| Profit
for the period |
294.7 |
|
248.7 |
|
703.1 |
|
|
|
|
|
|
| Profit
on sale of investment |
(7.8) |
|
- |
|
- |
| Loss
on sale of property, equipment and vehicles |
4.7 |
|
6.8 |
|
2.5 |
|
|
|
|
|
|
| Headline
earnings |
291.6 |
14.1 |
255.5 |
|
705.6 |
|
|
|
|
|
|
| Per
share - cents |
|
|
|
|
|
| Headline
earnings |
63.86 |
15.5 |
55.31 |
|
153.02 |
| Diluted
headline earnings |
60.32 |
|
52.36 |
|
144.92 |
|
|
|
|
|
|
|
|
|
|
|
|