Consolidated statement of comprehensive income
for the year ended 31 August 2011

    2011 2010
  Notes R’000 R’000
Revenue 1 14 800 089 13 912 673
Turnover 1 14 102 919 13 276 277
Cost of merchandise sold   (10 879 173) (10 372 685)
Gross profit   3 223 746 2 903 592
Other income 1 688 935 626 092
Total income   3 912 681 3 529 684
Expenses   (2 975 091) (2 706 412)
  Depreciation and amortisation 3 (149 714) (128 095)
  Occupancy costs 4 (422 596) (389 746)
  Employment costs 5 (1 496 491) (1 399 378)
  Other costs 6 (906 290) (789 193)
       
Operating profit   937 590 823 272
Loss on disposal of property, plant and equipment   (6 250) (6 476)
Impairment of intangible asset 10.2 – (7 685)
Profit before financing costs   931 340 809 111
Net financing costs 2 (33 626) (38 751)
  Financial income 1, 2 8 235 10 304
  Financial expense 2 (41 861) (49 055)
       
Profit before taxation   897 714 770 360
Income tax expense 7 (246 749) (206 550)
Total profit for the year   650 965 563 810
Other comprehensive income/(loss):      
Exchange differences on translation of foreign subsidiaries 20 (220) (1 368)
Cash flow hedges   2 105 –
Change in fair value of effective portion 19 2 924 –
Deferred tax on movement of effective portion 19 (819) –
       
Other comprehensive income/(loss) for the year, net of tax   1 885 (1 368)
Total comprehensive income for the year   652 850 562 442
Profit attributable to:      
Equity holders of the parent   650 932 565 413
Non-controlling interest   33 (1 603)
    650 965 563 810
Total comprehensive income attributable to:      
Equity holders of the parent   652 817 564 045
Non-controlling interest   33 (1 603)
    652 850 562 442
Earnings per share (cents)      
Basic 8 248.3 208.6
Diluted 8 248.0 207.7