Corporate Profile   WHL Directorate   WW Directorate   CR Directorate   Commentary   Chairman's letter   CEO's Review   Operational Review     Woolworths     Country Road     FD's Report   Corporate Governance   Sustainability   Financial Statements   Report of CS   Approval of FS   Rep. of the Indep. Aud.   Director's report   Income Statements   Balance Sheet   Cash Flow statement   Statement of changes   Notes to the FS   Shareholder Info   Shareholder information   Shareholder's calendar   Administration   Chairman's letter to shareholders   Annexure 1   Notice of AGM   Proxy		Distributable reserves   Note   Share   capital  Rm  Share   premium  Rm   Non-distributable   reserve –   Foreign   currency   translation   reserve  Rm   Financial   instrument   revaluation   reserve  Rm   Retained   profit  Rm   Total  Rm  Group               Ordinary shareholders’ interest               at the end of the year - June 2001   1.3  788.4  79.5    1 369.2  2 238.4  Net profit attributable to ordinary shareholders   -  -  -    258.0  258.0  Distributions to shareholders 29  -  -  -     (145.8)  (145.8) Net unrealised gain on hedging instruments   -  -  -    12.9  12.9  Issue of shares 20  0.1  41.2  -    -  41.3  Re-purchase of shares    (0.1)  (134.6) -    -   (134.7) Exchange differences on translation of foreign entity   -  -  87.4    -  87.4  Realisation of translation reserve on closure               of discontinued operations   -  -   (7.3)   -   (7.3) Ordinary shareholders’ interest               at the end of the year - June 2002   1.3  695.0  159.6    1 494.3  2 350.2  Adjustment to opening balance arising from the               change in accounting policy for: 28                Fair value adjustments previously carried in                 retained profit   -  -  -  16.2   (16.2) -    Revaluation of listed investment to fair value   -  -  -  2.1  -  2.1    Unearned finance income from export   partnerships   -  -  -  -   (16.2)  (16.2) Ordinary shareholders’ interest at the               beginning of the year   1.3  695.0  159.6  18.3   1 461.9  2 336.1  Net profit attributable to ordinary shareholders   -  -  -  -  549.6  549.6  Distributions to shareholders 29  -  -  -  -   (201.3)  (201.3) Income realised on hedging instruments   -  -  -  1.5  -  1.5  Unrealised loss on hedging instruments   -  -  -   (42.1) -   (42.1) Fair value adjustment on available-for-sale investment   -  -  -   (1.6) -   (1.6) Issue of shares 20  -  39.5  -  -  -  39.5  Re-purchase of shares    (0.1)  (235.0) -  -  -   (235.1) Exchange differences on translation of foreign entity   -  -   (35.4) -  -   (35.4) Ordinary shareholders’ interest at the               end of the year - June 2003   1.2  499.5  124.2   (23.9) 1 810.2   2 411.2                  Company               Ordinary shareholders’ interest               at the end of the year - June 2001   1.3  788.4  -    510.7  1 300.4  Net loss attributable to ordinary shareholders   -  -  -     (13.9)  (13.9) Distributions to shareholders 29  -  -  -     (146.8)  (146.8) Issue of shares 20  0.1  41.2  -    -  41.3  Exchange differences arising on translation of               foreign currency denominated loan   -  -   (0.6)   -   (0.6) Ordinary shareholders’ interest at the               end of the year - June 2002   1.4  829.6   (0.6)   350.0  1 180.4  Adjustment to opening balance arising from the               change in accounting policy for: 28                Unearned finance income from export   partnerships   -  -  -  -   (4.1)  (4.1) Ordinary shareholders’ interest at the               beginning of the year   1.4  829.6   (0.6) -  345.9  1 176.3  Net profit attributable to ordinary shareholders   -  -  -  -  579.7  579.7  Distributions to shareholders 29  -  -  -  -   (213.5)  (213.5) Issue of shares 20  -  39.5  -  -  -  39.5  Exchange differences arising on translation of               foreign currency denominated loan   -  -   (8.7) -  -   (8.7) Ordinary shareholders' interest at the end               of the year - June 2003   1.4  869.1   (9.3) -  712.1  1 573.3