Financial results

Preliminary profit announcement, reviewed Group results
for the year ended 30 June 2015 and dividend declaration

Segmental report

For the year ended 30 June 2015	Turnover			Gross margin			Net profit before tax
(Rand millions unless otherwise stated)	June 2015	June 2014	% change	June 2015	June 2014	% change	June 2015	June 2014	% change


Retail*	4 650	3 996	16	904	812	11	232	199	17
Franchising							190	148	28
Properties							223	179	25
Supply and Support Services	1 638	1 337	23	143	127	13	276	236	17
Associates							62	29	114
Total	6 288	5 333	18	1 047	939	12	983	791	24
Franchise stores^#	(2 109)	(1 747)	21
Consolidation entries	(1 064)	(872)	22	(5)	(20)	(75)	(5)	(20)	(75)
Total continuing operations	3 115	2 714	15	1 042	919	13	978	771	27
Discontinued operations	–	31	(100)	–	11	(100)	–	(12)	(100)
Total Group	3 115	2 745	13	1 042	930	12	978	759	29
* Includes unaudited franchise stores turnover. ^# Unaudited.

Geographical analysis

(Rand millions unless otherwise stated)	South Africa	Rest of Africa	Other*	Inter- group entities	Group	Dis- continued operations


YEAR ENDED 30 JUNE 2015
Turnover	3 863	246	70	(1 064)	3 115	–
Non-current assets	2 461	92	97	(645)	2 005	–
YEAR ENDED 30 JUNE 2014
Turnover	3 319	197	70	(872)	2 714	31
Non-current assets	2 303	87	143	(695)	1 838	–

*Australia and Italy.

As a result of the change in the executive and the chief operating decision maker, the Group has updated the disclosures of the previously aggregated segments to align with the information reviewed by them regularly for the purpose of allocating resources. The Group now discloses two additional segments, Associates and Franchise Stores, which had previously not been included in the segmental report. The prior year segmental reporting has been restated and is presented above.