Group Statistics

Foschini Limited and its subsidiaries

Years ended 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Profitability                    
Retail turnover (Rm) 7 668,7 7 230,0 6 432,1 5 279,3 4 410,0 3 880,6 3 289,9 2 980,5 2 646,5 2 514,3
Operating profit before finance charges (Rm) 1 905,5 1 887,0 1 567,3 1 204,8 814,6 582,0 348,5 202,7 333,7 337,8
Profit attributable to equity holders of Foschini Limited (Rm) 1 128,4 1 119,2 986,9 767,0 516,9 359,5 199,9 116,0 233,3 211,2
Headline earnings (Rm) 1 128,4 1 119,2 986,9 767,0 523,4 364,8 203,0 119,1 233,3 211,2
Balance sheet                    
Non-current assets (Rm) 2 171,8 2 160,4 1 536,5 1 497,9 1 096,6 754,7 965,5 1 107,7 805,6 800,8
Current assets (Rm) 4 902,6 4 623,3 4 311,8 3 422,1 2 794,1 2 630,6 2 120,6 1 781,3 1 797,2 1 517,6
Total assets (Rm) 7 074,4 6 783,7 5 848,3 4 920,0 3 890,7 3 385,3 3 086,1 2 889,0 2 602,8 2 318,4
Total shareholders’ interest (Rm) 3 845,2 3 823,6 3 267,9 2 496,8 2 291,4 2 077,0 1 830,1 1 775,1 1 755,7 1 544,3
Minority interest (Rm) 290,9 181,3 88,9 16,0 10,1 5,1 8,6 – – –
Non-current liabilities (Rm) 846,5 1 282,4 1 064,2 1 038,6 554,5 514,7 625,2 599,3 376,2 324,7
Current liabilities (Rm) 2 091,8 1 496,4 1 427,3 1 368,6 1 034,7 788,5 622,2 514,6 470,9 449,4
Total equity and liabilities (Rm) 7 074,4 6 783,7 5 848,3 4 920,0 3 890,7 3 385,3 3 086,1 2 889,0 2 602,8 2 318,4
Cash flow statement                    
Cash flows from operating activities (Rm) (44,4) 99,3 (97,3) 86,7 289,9 288,3 121,4 66,1 159,0 271,9
Cash flows from investing activities (Rm) (52,2) (112,7) 51,5 (165,7) (187,3) (155,1) (166,6) (370,2) 43,6 (45,3)
Cash flows from financing activities (Rm) 90,9 20,0 72,1 86,0 (100,6) (132,8) 46,7 352,2 (83,8) (236,4)
Net (decrease) increase in cash (Rm) (5,7) 6,6 26,3 7,0 2,0 0,4 1,5 48,1 118,8 (9,8)
Cash at the beginning of the year (Rm) # 69,1 62,5 36,2 29,2 27,2 26,8 175,3 127,2 8,4 18,2
Cash at the end of the year (Rm) # 63,4 69,1 62,5 36,2 29,2 27,2 176,8 175,3 127,2 8,4
# The figures from 1999 to 2002 comprise cash and cash equivalents, whereas those from 2003 onwards comprise cash only.
Performance measures/ratios                    
Turnover growth (%) 6,1 12,4 21,8 19,7 13,6 18,0 10,4 12,6 5,3 4,8
Operating margin (%) 24,8 26,1 24,3 22,8 18,5 15,0 10,6 6,8 12,6 13,4
Debt equity ratio (%) 36,2 18,8 16,2 12,7 4,0 8,6 17,1 15,1 3,0 –
Total liabilities to shareholders’ interest (times) 0,76 0,73 0,76 0,96 0,69 0,63 0,68 0,63 0,48 0,50
Current ratio (times) 2,3 3,1 3,0 2,5 2,7 3,3 3,4 3,5 3,8 3,4
Headline earnings per ordinary share (HEPS) (cents)* 547,0 534,2 463,0 359,6 237,1 162,2 87,9 50,1 100,1 91,2
Change in HEPS (%) 2,4 15,4 28,8 51,7 46,2 84,5 75,4 (50,0) 9,8 10,2
Dividends declared per ordinary share (DPS) (cents) 288,0 270,0 220,0 164,0 94,0 56,0 31,0 18,0 35,0 17,1
Tangible net asset value per ordinary share (cents) 1 862,7 1 789,4 1 523,4 1 165,0 1 039,1 917,8 803,4 731,6 752,9 667,0
Market capitalisation (Rm) 9 261,6 16 618,4 14 011,4 8 549,7 4 797,9 2 573,3 1 681,1 1 190,5 3 196,1 2 917,4
Notes                    
When an accounting policy has been changed, comparative figures have been restated in accordance with the new policy.
* Up to 1999, comparative figures were restated in terms of the increased number of shares in issue resulting from sub-divisions and capitalisation issues. From 2000, this figure has been calculated using the weighted average number of shares in issue, without restatement of prior year figures.

Foschini Limited and its subsidiaries

                
Years ended 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Statistics                    
Number of ordinary shares in issue (millions) 240,5 240,5 240,5 240,5 240,5 240,5 240,5 240,5 235,0 231,5
Number of ordinary shares on which headline
earnings per share is calculated (millions)		 206,3 209,5 213,1 213,3 220,7 224,9 231,0 237,9 233,2 231,5
Net number of ordinary shares on which net asset
value per share is calculated (millions)		 204,6 212,0 212,6 211,9 218,4 223,6 226,3 240,5 233,2 231,5
Number of stores 1 393 1 332 1 273 1 233 1 197 1 188 1 185 1 207 1 088 1 069
Floor area (gross square metres) 403 601 380 615 354 747 334 662 323 459 317 381 310 166 309 188 272 152 260 371