• home
  • income statement
  • Supplementary Info
  • balance sheet
  • cash flow statement
  • Changes in equity
  • segmental analysis
  • notes
  • commentary
  • dividend declaration
New Clicks Holdings Limited [logo] Reviewed group results for the year end 31 August 2004

Condensed Consolidated Income Statement

Year toYear to
31 August31 August
20042003%
 (reviewed)(audited)change
R'000R'000
Continuing operations
Revenue7 856 5346 149 10127.8
Turnover7 394 1515 747 95828.6
Cost of merchandise5 856 5424 535 79929.1
Gross profit1 537 6091 212 15926.8
Other revenue462 383401 14315.3
Expenditure1 883 8081 287 44346.3
Operating expenditure1 599 2251 279 68424.9
Impairment of property, plant and equipment13 496-
Loss on disposal of property plant and equipment1 920141
Goodwill amortised10 9717 618
Goodwill impaired258 196-
Profit before interest and tax116 184325 859(64.3)
Net interest paid(54 470)(57 450)(5.2)
Interest paid - normal operations(54 470)(57 450)
Interest accrued - Purchase Milton & Associates (PM&A)24 98659 265
Provision against interest accrued - PM&A(24 986)(59 265)
    
Net profit before taxation61 714268 409(77.0)
Taxation93 60468 41138.3
Net (loss)/profit from continuing operations(31 890)199 998 
Discontinued operations
Turnover654 6511 619 781 
Profit before interest and tax38 93256 269
Net interest paid(5 308)(26 667) 
Net profit before taxation33 62429 602 
Taxation14 28715 332  
Net profit from discontinued operations19 33714 270 
Headline earnings
Total (loss)/profit attributable to ordinary shareholders(12 553)214 268
Adjustments for
Impairment of property, plant and equipment9 447-
Profit on the sale of stores-(18 518)
Profit on sale of Australian operations(1 738)-
Profit on sale of Intercare(587)-
Loss on disposal of property, plant and equipment1 5971 827
Goodwill amortised16 27223 719
Goodwill impaired258 196- 
Headline earnings270 634221 29622.3
Comprises:
Headline earnings from continuing operations248 068207 71519.4
Headline earnings from discontinued operations22 56613 58166.2
Undiluted headline earnings per share (cents)
All operations76.565.616.6
Continuing operations70.261.514.0
Diluted headline earnings per share (cents)
All operations74.564.515.5
Continuing operations68.360.612.7
Undiluted earnings per share (cents)
All operations(3.6)63.5
Continuing operations(9.0)59.2
Diluted earnings per share (cents)
All operations(3.5)62.5
Continuing operations(8.8)58.3
Distributions per share (cents)
Paid - July12.510.914.7
Proposed/paid - December22.515.149.0