| |
|
52 weeks |
52 weeks |
|
| |
|
to 27 June |
to 28 June |
|
| |
|
2010 |
2009 |
% |
| |
Notes |
Rm |
Rm |
change |
| Revenue |
|
23 663 |
21 922 |
7.9 |
| Turnover |
|
23 393 |
21 175 |
10.5 |
| Cost of sales |
|
15 656 |
14 501 |
8.0 |
| Gross profit |
|
7 737 |
6 674 |
15.9 |
| Other revenue |
3 |
95 |
563 |
(83.1) |
| Expenses |
|
6 178 |
5 784 |
6.8 |
| Store costs |
|
3 940 |
3 482 |
13.2 |
| Net bad debt and bad debt provision |
|
– |
134 |
(100.0) |
| Other operating costs |
|
2 238 |
2 168 |
3.2 |
| |
|
|
|
|
| Operating profit |
|
1 654 |
1 453 |
13.8 |
| Investment income |
3 |
175 |
184 |
(4.9) |
| Interest paid |
|
151 |
281 |
(46.3) |
| Profit before earnings from joint ventures and associate |
|
1 678 |
1 356 |
23.7 |
| Earnings from joint ventures |
|
75 |
58 |
29.3 |
| Earnings from associate |
|
6 |
12 |
(50.0) |
| Profit before exceptional item |
|
1 759 |
1 426 |
23.4 |
| Profit on disposal of controlling interest in subsidiary |
|
– |
380 |
(100.0) |
| Profit before tax |
|
1 759 |
1 806 |
(2.6) |
| Tax |
|
491 |
546 |
(10.1) |
| Profit after tax |
|
1 268 |
1 260 |
0.6 |
| Other comprehensive income: |
|
|
|
|
| Net fair value adjustments on financial instruments, after tax |
|
40 |
(54) |
|
| Exchange differences on translation of foreign subsidiaries |
|
13 |
(81) |
|
| Other comprehensive income for the period, net of tax |
|
53 |
(135) |
|
| Total comprehensive income for the period |
|
1 321 |
1 125 |
17.4 |
| Profit attributable to: |
|
1 268 |
1 260 |
0.6 |
| Shareholders of the parent |
|
1 258 |
1 248 |
0.8 |
| Non-controlling interest |
|
10 |
12 |
(16.7) |
| Total comprehensive income attributable to: |
|
1 321 |
1 125 |
17.4 |
| Shareholders of the parent |
|
1 304 |
1 124 |
16.0 |
| Non-controlling interest |
|
17 |
1 |
>100 |
| |
|
|
|
|
| Reconciliation of headline earnings |
|
|
|
|
| Earnings attributable to shareholders of the parent |
|
1 258 |
1 248 |
0.8 |
| BEE preference dividend paid |
|
11 |
9 |
|
| Basic earnings |
|
1 247 |
1 239 |
0.6 |
| Profit on disposal of controlling interest in subsidiary |
|
– |
(380) |
|
| Loss on disposal of property, plant and equipment |
|
24 |
4 |
|
| Tax impact of adjustments |
|
(7) |
(1) |
|
| Headline earnings |
|
1 264 |
862 |
46.6 |
| Abnormal foreign exchange related (gain)/loss |
4 |
(57) |
57 |
|
| STC on special dividend |
|
– |
75 |
|
| Adjusted headline earnings |
|
1 207 |
994 |
21.4 |
| Headline earnings per share (cents) |
|
164.6 |
109.3 |
50.6 |
| Earnings per share (cents) |
5 |
162.4 |
157.2 |
3.3 |
| Adjusted headline earnings per share (cents) |
|
157.2 |
126.0 |
24.7 |
| Diluted headline earnings per share (cents) |
|
159.3 |
107.5 |
48.2 |
| Diluted earnings per share (cents) |
5 |
157.2 |
154.0 |
2.0 |
| Adjusted diluted headline earnings per share (cents) |
|
152.2 |
123.7 |
23.0 |
| Number of shares in issue (millions) |
|
759.5 |
774.7 |
(2.0) |
| Weighted average number of shares in issue (millions) |
|
768.0 |
788.3 |
(2.6) |
