Group Income Statement
for the years ended 31 March

Foschini Limited and its subsidiaries

    2008 2007
  Note Rm Rm
Revenue 25 9 253,6 8 527,8
Retail turnover   7 668,7 7 230,0
Cost of turnover   (4 479,2) (4 195,1)
Gross profit   3 189,5 3 034,9
Interest received 26 1 056,4 877,4
Dividends received   17,2 22,8
Net trading expenses 27 (2 357,6) (2 048,1)
Operating profit before finance charges 27 1 905,5 1 887,0
Interest paid 28 (120,1) (104,7)
Income from associate   0,9 –
Profit before tax   1 786,3 1 782,3
Income tax expense 29 (580,2) (590,3)
Profit for the year   1 206,1 1 192,0
Attributable to:      
Equity holders of Foschini Limited   1 128,4 1 119,2
Minority interest   77,7 72,8
Profit for the year   1 206,1 1 192,0
       
Earnings per ordinary share (cents)      
Basic 30.1 547,0 534,2
Diluted 30.2 538,0 514,8
Dividend per ordinary share (cents)      
Interim   118,0 100,0
Final 16.1 170,0 170,0
Total   288,0 270,0