Financial results

Interim Results
For the six months ended 31 December 2011

Download the entire paid announcement 

Commentary | System wide turnover analysis | Abridged Group statements of comprehensive income 
Abridged Group statements of financial position | Segmental report | Store network
Group statement of changes in equity | Abridged Group cash flow statement | Notes 

Segmental report

For the period ended 31 December 2011   (Rand millions unless otherwise stated)  
  Retail   Franchising   Properties   Supply and  
support  
services  
Inter group  
transactions  
Group  
Reviewed period
to December 2011  
           
Turnover   741   —   —   456   (251)  946  
Gross margin   273   —   —   58   —   331  
Other income*   10   110   103   60   (119)  164  
Operating expenses   (228)  (10)  (21)   (84)   119   (224) 
Trading profit   55   100   82   34   —   271  
Reviewed period
to December 2010  
           
Turnover   623   —   —   350   (202)  771  
Gross margin   237   —   —   48   —   285  
Other income*   10   94   88   51   (94)   149  
Operating expenses   (198)  (10)  (18)  (71)  94   (203) 
Trading profit   49   84   70   28   —   231  
* Other income includes franchise fees, rentals, royalties and rebates received, as well as profit or loss on disposal of property, plant and equipment.