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