| |
 |
Year
ended 30 June |
|
| |
|
2003
Rm |
|
|
|
2002
Rm |
|
 |
|
|
|
|
|
|
|
assets |
|
|
|
|
|
|
|
| Non-current assets |
|
1 556.8 |
|
|
|
1 535.2 |
|
|
|
|
|
|
|
|
|
| Property, plant and equipment |
|
1 037.6 |
|
|
|
916.1 |
|
| Investments |
|
12.4 |
|
|
|
81.4 |
|
| Loans to customers |
|
182.3 |
|
|
|
180.2 |
|
| Participation in export partnerships |
|
183.2 |
|
|
|
210.0 |
|
| Goodwill |
|
10.1 |
|
|
|
20.1 |
|
| Other loans |
|
114.3 |
|
|
|
112.6 |
|
| Deferred tax |
|
16.9 |
|
|
|
14.8 |
|
|
|
|
|
|
|
|
|
| Current assets |
|
3 235.3 |
|
|
|
2 528.6 |
|
|
|
|
|
|
|
|
|
| Inventories |
|
564.4 |
|
|
|
511.2 |
|
| Woolworths card debtors |
|
1 669.3 |
|
|
|
1 348.7 |
|
| Credit card receivables |
|
105.9 |
|
|
|
– |
|
| Accounts receivable |
|
382.2 |
|
|
|
347.1 |
|
| Loans to customers |
|
273.1 |
|
|
|
201.5 |
|
| Tax |
|
24.4 |
|
|
|
1.6 |
|
| Cash and cash equivalents |
|
216.0 |
|
|
|
118.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total assets |
|
4 792.1 |
|
|
|
4 063.8 |
|
|
|
|
|
|
|
|
|
equity and liabilities |
|
|
|
|
|
|
|
| Capital and reserves |
|
2 433.4 |
|
|
|
2 375.8 |
|
|
|
|
|
|
|
|
|
| Ordinary shareholders' interest |
|
2 411.2 |
|
|
|
2 350.2 |
|
| Outside shareholders' interest |
|
22.2 |
|
|
|
25.6 |
|
|
|
|
|
|
|
|
|
| Non-current liabilities |
|
285.1 |
|
|
|
300.8 |
|
|
|
|
|
|
|
|
|
| Post-retirement medical aid liability |
|
130.8 |
|
|
|
111.0 |
|
| Deferred tax |
|
154.3 |
|
|
|
189.8 |
|
|
|
|
|
|
|
|
|
| Current liabilities |
|
2 073.6 |
|
|
|
1 387.2 |
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
1 038.1 |
|
|
|
713.3 |
|
| Provisions |
|
111.5 |
|
|
|
97.3 |
|
| Tax |
|
194.3 |
|
|
|
96.4 |
|
| Interest bearing borrowings |
|
729.7 |
|
|
|
480.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total equity and liabilities |
|
4 792.1 |
|
|
|
4 063.8 |
|
|
|
|
|
|
|
|
|
| Net asset book value – per share
(cents) |
|
282.6 |
|
|
|
264.2 |
|
|
|
|
|
|
|
|
|
group analysis |
|
|
|
|
|
|
|
| Total assets |
|
4 792.1 |
|
|
|
4 063.8 |
|
|
|
|
|
|
|
|
|
| Woolworths |
|
4 428.2 |
|
|
|
3 658.0 |
|
| Country Road |
|
363.9 |
|
|
|
405.8 |
|
|
|
|
|
|
|
|
|
| Inventories |
|
564.4 |
|
|
|
511.2 |
|
|
|
|
|
|
|
|
|
| Woolworths |
|
433.3 |
|
|
|
339.1 |
|
| Country Road |
|
131.1 |
|
|
|
172.1 |
|
|
|
|
|
|
|
|
|
| Approved commitments for capital
expenditure for the next financial year |
|
189.2 |
|
|
|
237.9 |
|
|
|
|
|
|
|
|
|
| Woolworths |
|
152.6 |
|
|
|
196.7 |
|
| Country Road |
|
36.6 |
|
|
|
41.2 |
|
|
|
|
|
|
|
|
|
|
|
