Dave Forsey Chief Executive 19 July 2012 - Sports Direct International

consolidated five year record
Unaudited income statement
Continuing operations:
53 weeks IFRS
29 April 2012
(£’000)
52 weeks IFRS
24 April 2011
(£’000)
52 weeks IFRS
25 April 2010
(£’000)
52 weeks IFRS
26 April 2009
(£’000)
52 weeks IFRS
27 April 2008
(£’000)
Revenue 1,835,756 1,599,237 1,451,621 1,367,321 1,259,510
Cost of sales (1,091,480) (940,330) (862.490) (809,685) (709,809)
Gross profit 744,276 658,907 589,131 557,636 549,701
Selling, distribution and administrative expenses (594,368) (527,273) (524,611) (463,297) (444,109)
Other operating income 3,268 5,289 3,493 4,004 4,023
Costs of admission to the London Stock Exchange - - - - -
Past performance bonuses - - - - -
Profit on disposal of certain retail concessions - - - - -
Leofelis legal claim - - - - -
Reorganisation costs - - - - -
Regulatory enquiries - - (7,800) - -
Legal dispute 2,309 (3,128) (2,186) - -
Impairment of intangible fixed assets - - - (14,832) -
Impairment of Freehold property - - - (15,682) -
Profit on disposal of leasehold property 724 - - - -
Profit on disposal of freehold property 962 - - - -
Profit on disposal of intangible asset 1,624 876 - - -
Exceptional items 5,619 (2,252) (9,986) (30,514) -
Operating profit 158,795 134,671 58,027 67,829 109,615
Investment (costs) / income (5,800) (9,481) 24,653 (51,949) 43,874
Finance income 6,426 2,560 40,150 15,927 5,370
Finance costs (8,481) (8,953) (10,528) (23,633) (45,006)
Share of profit of associated undertakings and joint ventures 558 (8) 7,200 2,482 5,020
Profit before taxation 151,498 118,789 119,502 10,656 118,873
Taxation (45,867) (35,566) (30,286) (26,164) (41,126)
Profit for the period 105,631 83,223 89,216 (15,508) 77,747
Equity holders of the Group 106,198 84,173 89,433 (15,838) 78,182
Non-controlling interests (567) (950) (217) 330 (435)
Profit for the period 105,631 83,223 89,216 (15,508) 77,747
Notes to the consolidated income statement five year record:
1. All information is presented under IFRS.
2. The five year record has been prepared on the same basis as the financial statements for the 53 weeks ended 29 April 2012, as set
out in Note 1, basis of preparation, of the consolidated financial statements.
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