|
|
Consolidated Income Statement
|
| |
|
|
|
| Foschini Limited and its subsidiaries |
2007 |
2006 |
% |
| |
Rm |
Rm |
change |
| Revenue |
8 361,3 |
7 306,7 |
14,4 |
| Retail turnover |
7 230,0 |
6 432,1 |
12,4 |
| Cost of turnover |
4 195,1 |
3 707,9 |
|
| Gross profit |
3 034,9 |
2 724,2 |
|
| Interest received (note 4) |
873,8 |
644,1 |
|
| Dividends received |
22,8 |
13,4 |
|
| Net trading expenses (note 5) |
(2 044,5) |
(1 814,4) |
|
| Operating profit before finance charges |
1 887,0 |
1 567,3 |
|
| Interest paid |
104,7 |
79,1 |
|
| Profit before tax |
1 782,3 |
1 488,2 |
19,8 |
| Income tax expense |
590,3 |
479,2 |
|
| Profit for the year |
1 192,0 |
1 009,0 |
|
| Attributable to: |
|
|
|
| Equity holders of Foschini Limited |
1 119,2 |
986,9 |
13,4 |
| Minority interest |
72,8 |
22,1 |
|
| Profit for the year |
1 192,0 |
1 009,0 |
|
| Reconciliation of attributable profit to headline earnings |
|
|
|
| Profit attributable to equity holders of Foschini Limited |
1 119,2 |
986,9 |
|
| Headline earnings |
1 119,2 |
986,9 |
13,4 |
| Earnings per ordinary share (cents) |
|
|
|
| Basic |
534,2 |
463,0 |
15,4 |
| Headline |
534,2 |
463,0 |
15,4 |
| Diluted (basic) |
514,8 |
449,6 |
14,5 |
| Diluted (headline) |
514,8 |
449,6 |
14,5 |
| Dividend per ordinary share (cents) |
|
|
|
| Interim |
100,0 |
80,0 |
25,0 |
| Final |
170,0 |
140,0 |
21,4 |
| Total |
270,0 |
220,0 |
22,7 |
| Dividend cover (times) |
2,0 |
2,1 |
|
|
