|
Income Statements
(Rand 000's unless otherwise stated) |
| |
%
increase |
Unaudited
six months to
31 December 2003 |
Unaudited
six months to
31 December 2002 |
Audited
year to
30 June 2003 |
|
Turnover |
| - By group owned stores |
|
391 006 |
407 324 |
749 150 |
| - By franchise owned stores |
|
383 747 |
317 389 |
608 779 |
|
Total |
6,9 |
774 753 |
724 713 |
1 357 929 |
|
| Trading profit before depreciation |
|
99 538 |
84 568 |
189 393 |
| Depreciation |
|
(5 654) |
(6 396) |
(17 017) |
| Impairment of fixed assets |
|
- |
- |
(6 189) |
|
| Trading profit |
20,1 |
93 884 |
78 172 |
106 187 |
| Net investment income |
|
4 325 |
2 117 |
5 606 |
| Profit/(Loss) on sale of property, plant and equipment |
|
45 |
- |
(612) |
| Share incentive trust reversal |
|
- |
- |
2 700 |
|
| Profit before taxation |
22,4 |
98 254 |
80 289 |
173 881 |
| Taxation |
|
(29 848) |
(25 475) |
(53 935) |
|
| Profit after taxation |
24,8 |
68 406 |
54 814 |
119 946 |
| Outside shareholders' interest |
|
(2 136) |
(1 293) |
(2 336) |
|
| Earnings attributable to ordinary shareholders |
23,8 |
66 270 |
53 521 |
117 610 |
| Weighted average number of shares in issue (000's) |
|
18 677 |
18 396 |
18 536 |
| Earnings per share (cents) |
22,0 |
354,8 |
290,9 |
634,5 |
| Headline earnings per share (cents) |
21,9 |
354,6 |
290,9 |
656,5 |
| Dividends declared per share (cents) |
40,0 |
70,0 |
50,0 |
130,0 |
|
Reconciliation of headline earnings |
| Earnings attributable to ordinary shareholders |
|
66 270 |
53 521 |
117 610 |
| Impairment of property, plant and equipment |
|
- |
- |
6 189 |
| Share incentive trust reversal |
|
- |
- |
(2 700) |
| (Profit)/Loss on sale of property, plant and equipment |
|
(45) |
- |
612 |
|
| Headline earnings |
23,7 |
66 225 |
53 521 |
121 711 |
|
|
