Pick 'n Pay - Unaudited interim condensed consolidated results for the six months ended 31 August 2010


		Highlights Result overview Statement of comprehensive income Statement of financial position Cash flow statement Statement of changes in equity Unaudited operating segment report Pick n Pay Holdings Limited Dividend declarations Notes Downloads

Pick n Pay Holdings Limited (“PIKWIK”)

Reg. No. 1981/009610/06
Share Code: PWK ISIN code: ZAE000005724
Pikwik’s only asset is its 53.97% (2009: 54.41%) effective holding in Pick n Pay Stores Limited (excluding treasury shares). The Pikwik Group earnings are directly related to those of this investment.
Headline earnings for the period amount to R193.2 million (2009: R221.0 million).
Headline earnings per share is 37.45 cents (2009: 42.89 cents).
Headline earnings per share from continuing operations is 44.87 cents (2009: 48.55 cents).
Diluted headline earnings per share is 36.21 cents (2009: 41.79 cents).
Diluted headline earnings per share from continuing operations is 43.56 cents (2009: 47.38 cents).
The total number of shares in issue is 527.2 million (2009: 527.2 million) and the weighted average number of shares in issue during the period is 515.9 million (2009: 515.2 million).
Pikwik’s interim dividend per share is 17.94 cents (2009: 19.31 cents), a decrease of 7.1%.