|
|
Notes
1.
|
The unaudited results for the half-year ended 30 September 2006 have been prepared in accordance with the group’s accounting policies, which comply with International Financial Reporting Standards (IFRS) and have been consistently applied with those adopted for the year ended 31 March 2006. |
2.
|
These financial statements incorporate the financial statements of the company, all its subsidiaries and all entities over which it has operational and financial control. |
3.
|
Included in share capital are 16,9 (2005: 16,9) million shares which are owned by a subsidiary of the company, and 14,4 (2005: 11,4) million shares which are owned by the share incentive trust. These have been eliminated on consolidation. |
| |
|
Sept. 2006 |
Sept. 2005 |
March 2006 |
| |
|
Unaudited |
Unaudited |
Audited |
| |
|
Rm |
Rm |
Rm |
| 4. |
INTEREST RECEIVED |
|
|
|
| |
Trade receivables – retail |
146,8 |
118,1 |
253,0 |
| |
Loan receivables |
180,0 |
136,2 |
290,9 |
| |
Private label card receivables |
97,5 |
32,6 |
100,2 |
| |
|
424,3 |
286,9 |
644,1 |
| 5. |
NET TRADING EXPENSES |
|
|
|
| |
Depreciation |
(84,0) |
(71,6) |
(148,9) |
| |
Employee costs: normal |
(422,5) |
(367,3) |
(813,9) |
| |
Employee costs: bonuses |
– |
– |
(51,9) |
| |
Employee costs: share-based payments |
(9,0) |
(10,0) |
(19,0) |
| |
Store occupancy costs: normal |
(245,8) |
(214,3) |
(459,6) |
| |
Store occupancy costs: lease liability |
|
|
|
| |
adjustment |
(5,6) |
17,2 |
6,8 |
| |
Net other operating costs |
(303,8) |
(246,5) |
(327,9) |
| |
|
(1 070,7) |
(892,5) |
(1 814,4) |
| 6. |
INVENTORY |
|
|
|
| |
Merchandise and raw materials |
1 106,3 |
980,1 |
1 065,8 |
| |
Goods in transit |
44,8 |
38,6 |
25,0 |
| |
|
1 151,1 |
1 018,7 |
1 090,8 |
|
