woolworths holdings limited

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(No Transcript)
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woolworths holdings limited
highlights

• From continuing operations
• Revenue up 23.9
• - Profit before tax and exceptional items up
  47.7
• Headline earnings per share
• - All operations up 44.3
• Continuing operations up 43.2
• Final dividend per share up 4c to 12,5 cents
• - Brings total dividend to 20 cents per share, up
  33.3

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woolworths operations
highlights

• Sales up 22.6
• Profit before tax and exceptional items up 40.1
• Textiles positioning improving
• Foods growing market share
• Financial services managed growth
• International base for growth established
• Sales outperform costs

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country road limited
highlights

• From continuing operations
• Sales up 2.9
• Profit before tax A1.1 (small profit)
• Improved design and quality
• Clean US exit
• Simplified processes and systems
• Lower cost base

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woolworths holdings results
income statement continuing operations
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woolworths holdings results
income statement all operations
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woolworths holdings results
Profit before tax exceptional items and HEPS
(continuing operations)
Cents per share
Rm
46,2
32,9
32,3
28,6
25,4
640,7
433,7
383,6
376,6
360,0
1998
1999
2000
2001
2002
Country Road US operations adjusted for 2001 and
2002
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woolworths holdings results
balance sheet
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woolworths holdings results
country road US operations closure
Write-off of net assets A18,9m, and other costs
and provisions of A5,0m (R122,7m after minority
interests)
Note The loss on discontinuance has been
increased by R11,3m from the amount disclosed in
the interims. This was to adjust for the foreign
currency translation reserve (FCTR) created on
acquisition by Woolworths in February 1998
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woolworths holdings results
cash flow
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woolworths holdings results
cash flow (cont.)
capex R335m
woolworths financial services assets R391m
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woolworths holdings results
return on equity
20.2
17.2
13.8
12.7
11.5
1998
1999
2000
2001
2002
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woolworths operations results
income statement
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woolworths operations
performance
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country road limited results
income statement continuing operations
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country road limited results
income statement continuing operations
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country road limited results
income statement discontinued operations
R122,7m on consolidation, (i.e. R148m less FCTR
R8,4m and minority interests R16,9m)