Financial results

Preliminary profit announcement, reviewed Group results
for the year ended 30 June 2014 and dividend declaration

Download the entire paid announcement 

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

Condensed Group statement of comprehensive income

For the year ended 30 June 2014       Reviewed     Audited  
      year to     year to  
  %     30 June     30 June  
(Rand millions unless otherwise stated)  increase     2014     2013  
Continuing operations            
Turnover       2 714     2 047  
Cost of sales       (1 657)    (1 241) 
Gross profit   31     1 057     806  
Other operating income       245     241  
Operating expenses       (560)    (451) 
Profit on sale of property, plant and equipment       9     15  
Trading profit   23     751     611  
Financial revenue       11     26  
Financial cost       (20)    (17) 
Income from associates after taxation       29     11  
Profit before taxation from continuing operations   22     771     631  
Taxation       (227)    (168) 
Profit for the year from continuing operations   17     544     463  
Discontinued operations            
(Loss)/profit after taxation for the year from discontinued operations       (20)    1  
Profit for the year   13     524     464  
Other comprehensive income            
Items that may be reclassified subsequently to profit or loss:            
Currency translation difference       12     13  
Total comprehensive income for the year   12     536     477  
Profit attributable to:            
– Equity shareholders       509     444  
– Non-controlling interests       15     20  
  13     524     464  
Total comprehensive income attributable to:            
– Equity shareholders       521     457  
– Non-controlling interests       15     20  
  12     536     477  
Earnings per share: (all figures in cents)           
– Earnings per share   14     55,3     48,3  
– Headline earnings per share   22     57,6     47,4  
– Diluted earnings per share   13     54,7     48,2  
– Diluted headline earnings per share   21     57,1     47,3  
Earnings per share for continuing operations (all figures in cents):            
– Earnings per share   19     57,4     48,2  
– Headline earnings per share   24     58,7     47,3  
– Diluted earnings per share   18     56,9     48,1  
– Diluted headline earnings per share   23     58,1     47,2  
– Dividends per share (excluding special cash dividend)  19     19,0     16,0