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Unaudited Interim Group Results
for the six months ended 31 August 2006
Unaudited Interim Group Results for the six months ended 31 August 2006
- INCOME STATEMENT
 
Review of Operations
Income Statement
Balance Sheet
Cashflow Statement
Changes in Equity
Segmental Report
PIKWIK
Dividends Declarations
Notes
 
 
INCOME STATEMENT

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
 
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