| 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 period amount to R175.8 million (2006: R154.4 million).
Headline earnings per share, calculated using the weighted average number of shares in issue during the period of 511.6 million (2006: 507.4 million), is 34.36 cents (2006: 30.43 cents). The total number of shares in issue is 527.2 million (2006: 527.2 million). Pikwik’s interim dividend per share is 15.18 cents (2006: 13.17 cents). |