Financial results

Reviewed Condensed Group Resultsfor the six months ended 31 December 2015
cautionary announcement and dividend declaration

Download the entire paid announcement 

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

Segmental report

 

For the six months ended 31 December 2015      
    (Rand millions unless otherwise stated)

    Turnover     GROSS MARGIN     NET PROFIT BEFORE TAX  
    Reviewed  
period to  
December  
2015  
  Reviewed  
period to  
December  
2014  
%  
change  
  Reviewed  
period to  
December  
2015  
  Reviewed  
period to  
December  
2014  
%  
change  
  Reviewed  
period to  
December  
2015  
  Reviewed  
period to  
December  
2014  
%  
change  
Retail     2 799     2 450   14     539     472   14     140     109   28  
Franchising                         165     146   13  
Properties                         136     126   8  
Supply and Support Services     947     888   7     86     84   2     111     90   23  
Associates                         44     27   63  
Total     3 746     3 338   12     625     556   12     596     498   20  
Franchise stores     (1 279)    (1 111)  15                      
Consolidation entries     (669)    (616)  9     (10)    (10)  —     (10)    (10)  —  
Total Group     1 798     1 611   12     615     546   13     586     488   20  

Audited year to 30 June 2015      
  Turnover   Gross  
margin  
Net profit  
Retail   4 650   904   232  
Franchising   —   —   190  
Properties   —   —   223  
Supply and Support Services   1 638   143   276  
Associates       62  
Total   6 288   1 047   983  
Franchise stores   (2 109)  —   —  
Consolidation entries   (1 064)  (5)  (5) 
Total Group   3 115   1 042   978  

Geographical analysis   (Rand millions unless otherwise stated)

  South  
Africa  
Rest of  
Africa  
Other*   Inter-  
group  
entries  
Group  
Reviewed period to 31 December 2015            
Turnover   2 273   194   —   (669)  1 798  
Non-current assets   2 682   103   116   (631)  2 270  
Reviewed period to 31 December 2014            
Turnover   2 101   125   —   (615)  1 611  
Non-current assets   2 369   91   142   (684)  1 918  
Audited year to 30 June 2015            
Turnover   3 863   246   70   (1 064)  3 115  
Non-current assets   2 461   92   97   (645)  2 005  
* Australia and Italy (Effective 1 July 2015 comprises only Australia).  


As a result of the change in the executive and the chief operating decision maker, the Group has updated the disclosures of the previously aggregated segments to align with the information reviewed by them regularly for the purpose of allocating resources.  

In line with the Integrated Annual Report for the year ended 30 June 2015, the Group has disclosed two additional segments, associates and franchise stores, which had previously not been included in the segmental report. The prior year segmental reporting has been restated and is presented above.