New Clicks Holdings Limited [logo]
Interim Group Results  for the six months ended 28 February 2006
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Income
statement
Balance Sheet Cash flow
statement
Changes in equity Segmental
analysis
Supplementary
information
Notes Commentary Distribution
 

Income Statement

 
 

Condensed Consolidated Income Statement


  6 months to   6 months to   Year to
   28 February   28 February   31 August
  2006    2005 restated % 2005 restated
R’000 (unaudited)   (unaudited)   change   (unaudited)
Revenue 5 210 196   4 556 949   14.3   9 100 263
Turnover 4 997 631   4 378 101 14.2 8 714 338
Cost of merchandise 3 964 348   3 422 705   15.8   6 935 760
Gross profit 1 033 283   955 396 8.2 1 778 578
Other revenue 212 565   178 848 18.9 385 925
Expenditure 1 020 267   932 155 9.5 1 859 156
Operating expenditure 1 019 110   925 324   10.1   1 835 929
   Impairment of property, plant
  and equipment
182   4 671   6 143
Loss on disposal of property,
  plant and equipment
975   2 160   270
Goodwill impairment         16 814
                  
Profit before interest and taxation 225 581   202 089 11.6 305 347
Net interest paid 29 956   26 512 13.0 49 086
Interest paid 33 724   27 692   21.8   56 964
Interest received (3 768)   (1 180)       (7 878)
               
Profit before taxation 195 625   175 577 11.4 256 261
Taxation 56 916   51 283   11.0   77 098
Profit 138 709    124 294   11.6   179 163
Undiluted earnings per share (cents) 40.6   36.5 11.2 52.7
Diluted earnings per share (cents) 40.0   35.9 11.4 51.3
Distributions per share (cents)          
Declared/paid – June/July 11.2   11.2   11.2
Paid – December         18.5
 

Headline Earnings Reconciliation


               
  6 months to   6 months to       Year to
  28 February   28 February       31 August
  2006   2005 restated   % 2005 restated
R’000 (unaudited)   (unaudited)   change   (unaudited)
Profit 138 709   124 294   11.6   179 163
Adjustments for              
Impairment of property, plant
  and equipment
129   3 316       4 362
Loss on disposal of property,
  plant and equipment
692   1 512       191
  Goodwill impairment         16 814
Headline earnings 139 530   129 122   8.1   200 530
Undiluted headline earnings per share (cents) 40.8   37.9   7.7   59.0
Diluted headline earnings per share (cents) 40.2   37.3   7.8   57.4