|
|
consolidated income statement
| |
2008 |
2007 |
% |
| |
Rm |
Rm |
change |
| Revenue (note 4) |
9 253,6 |
8 527,8 |
8,5 |
| Retail turnover |
7 668,7 |
7 230,0 |
6,1 |
| Cost of turnover |
(4 479,2) |
(4 195,1) |
|
| Gross profit |
3 189,5 |
3 034,9 |
|
| Interest received (note 5) |
1 056,4 |
877,4 |
|
| Dividends received |
17,2 |
22,8 |
|
| Net trading expenses (note 6) |
(2 357,6) |
(2 048,1) |
|
| Operating profit before finance charges |
1 905,5 |
1 887,0 |
1,0 |
| Interest paid |
(120,1) |
(104,7) |
|
| Income from associate |
0,9 |
|
|
| Profit before tax |
1 786,3 |
1 782,3 |
|
| Income tax expense |
(580,2) |
(590,3) |
|
| Profit for the year |
1 206,1 |
1 192,0 |
1,2 |
| 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 |
1,2 |
| Reconciliation of attributable profit to headline earnings |
|
|
|
| Profit attributable to equity holders of Foschini Limited |
1 128,4 |
1 119,2 |
|
| Headline earnings |
1 128,4 |
1 119,2 |
0,8 |
| Earnings per ordinary share (cents) |
|
|
|
| Basic |
547,0 |
534,2 |
2,4 |
| Headline |
547,0 |
534,2 |
2,4 |
| Diluted (basic) |
538,0 |
514,8 |
4,5 |
| Diluted (headline) |
538,0 |
514,8 |
4,5 |
| Dividend per ordinary share (cents) |
|
|
|
| Interim |
118,0 |
100,0 |
|
| Final |
170,0 |
170,0 |
|
| Total |
288,0 |
270,0 |
6,7 |
| Dividend cover |
1,9 |
2,0 |
|
|