Financial results

Reviewed Group results
for the six months ended 31 December 2014

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Commentary |  System-wide turnover analysis |  Store network |  Condensed Group statements of comprehensive income |  Condensed Group statements of financial position |  Condensed Group cash flow statement 
Group statement of changes in equity
 |  Segmental report |  Notes

 

Condensed Group statement of comprehensive income

For the six months ended 31 December 2013 (Rand millions unless otherwise stated)
  %     Reviewed  
year to  
31 December 
  Audited  
year to  
31 December
  
Audited  
year to  
30 June
  
  change     2014     2013   2014  

Continuing operations  

           
Turnover       1 611     1 372   2 714  
Cost of sales       (984)    (840)  (1 657) 
Gross profit   18     627     532   1 057  
Other operating income       157     128   245  
Operating expenses       (336)    (288)  (560) 
Profit on sale of property, plant and equipment     11     7   9  
Trading profit   21     459     379   751  
Financial revenue       7     5   11  
Financial cost       (5)    (11)  (20) 
Income from associates – after taxation       27     13   29  
Profit before taxation from continuing operations   26     488     386   771  
Taxation       (133)    (114)  (227) 
Profit for the period from continuing operations   31     355     272   544  

Discontinued operations  

           
Loss after taxation for the period from discontinued operations       —     (12)  (20) 
Profit for the period   37     355     260   524  

Other comprehensive income, net of taxation  

         
Items that may be reclassified subsequently to profit or loss:            
Foreign currency translation difference       3     2   12  
Total comprehensive income for the period, net of taxation   37     358     262   536  

Profit attributable to:  

           
– Equity shareholders       338     251   509  
– Non-controlling interests       17     9   15  
  37     355     260   524  

Total comprehensive income attributable to:  

         
– Equity shareholders       341     253   521  
– Non-controlling interests       17     9   15  
  37     358     262   536  

Earnings per share (all figures in cents):  

         
– Earnings per share   34     36,7     27,3   55,3  
– Headline earnings per share   28     35,7     27,8   57,6  
– Diluted earnings per share   36     36,3     26,6   54,7  
– Diluted headline earnings per share   31     35,4     27,1   57,1  

Earnings per share from continuing operations (all figures in cents):  

         
– Earnings per share   28     36,7     28,6   57,4  
– Headline earnings per share   28     35,7     28,0   58,7  
– Diluted earnings per share   30     36,3     27,9   56,9  
– Diluted headline earnings per share   29     35,4     27,4   58,1  
– Dividends per share   33     12,0     9,0   19,0