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110 Group fi ve year fi nancial summary Kingfi sher plc Annual Report and Accounts 2009/10 2005/06 1 2006/07 1,2 2007/08 1,2 2008/09 2009/10 £ millions 52 weeks 53 weeks 52 weeks 52 weeks 52 weeks Income statement Sales 7,743 8,364 9,050 10,026 10,503 Retail profi t 504 473 469 503 664 Central costs (38) (39) (40) (41) (41) Share of interest and tax of joint ventures and associates (10) (13) (5) (16) (17) Operating profi t before exceptional items 456 421 424 446 606 Net fi nance costs before fi nancing fair value remeasurements (40) (55) (67) (78) (59) Adjusted pre-tax profi t 416 366 357 368 547 Exceptional items (215) 49 4 (273) 17 Financing fair value remeasurements 2 5 5 (5) 2 Profi t before taxation 203 420 366 90 566 Income tax expense (82) (102) (114) (88) (181) Profi t from continuing operations 121 318 252 2 385 Balance sheet Goodwill and other intangible assets 2,660 2,641 2,617 2,469 2,465 Property, plant and equipment and investment property 3,281 3,240 3,727 3,723 3,636 Investments in joint ventures and associates 185 185 204 219 234 Net current assets/(liabilities) 3 72 (51) (23) (278) (648) Post employment benefi ts (240) (55) 77 (74) (198) Other net non-current liabilities 3 (282) (245) (319) (257) (284) Capital employed 5,676 5,715 6,283 5,802 5,205 Equity shareholders’ funds 4,311 4,414 4,713 4,783 4,945 Minority interests 10 7 11 15 10 Net debt 1,355 1,294 1,559 1,004 250 Capital employed 5,676 5,715 6,283 5,802 5,205 KPIs Like-for-like sales growth (2.4%) 0.8% 2.8% (4.1%) (1.5%) Effective tax rate 33% 32% 31% 31% 30% Basic earnings per share (pence) 5.2 13.6 10.9 0.2 16.5 Adjusted basic earnings per share (pence) 11.8 10.6 10.6 11.0 16.4 Dividend per share (pence) 10.65 10.65 7.25 5.325 5.5 Gross capital expenditure 4 482 436 513 390 256 1 Income statement, like-for-like sales growth, effective tax rate, basic and adjusted earnings per share and gross capital expenditure restated for discontinuance of Castorama Italy in 2008/09. 2 Like-for-like sales growth in 2006/07 calculated by comparing 53 weeks against the equivalent 53 weeks of the prior year. 2007/08 growth calculated by comparing 52 weeks against the equivalent 52 weeks of the prior year. This only impacted UK operations with all other operations reporting on a calendar basis. The effect of the 53rd week on 2006/07 results was an increase of £79m in reported sales, but with no signifi cant impact on operating profi t. 3 Net current assets/(liabilities) and other net non-current liabilities reported above exclude any components of net debt. 4 Excluding business acquisitions.
Kingfi sher plc Annual Report and Accounts 2009/10 Annual General Meeting The Annual General Meeting of Kingfi sher plc will be held on Thursday 17 June 2010 at 11.00am at the Paddington London Hilton Hotel, 146 Praed Street, London W2 1EE. Results and Financial Diary The proposed fi nancial calendar is as follows: First quarter results 3 June 2010 Pre-close fi rst half trading 22 July 2010 Interim results to 31 July 2010 16 September 2010 Third quarter results 2 December 2010 Fourth quarter results 18 February 2011 Preliminary results to 31 January 2011 24 March 2011 Registrar Computershare Investor Services PLC The Pavilions Bridgwater Road Bristol BS99 6ZZ Telephone: 0870 702 0129 Website: http://www.investorcentre.co.uk Shareholder information Shareholder enquiries Any queries that shareholders have regarding their shareholdings, such as a change of name or address, transfer of shares, lost share certifi cates or dividend cheques, may be referred to the Company’s Registrar using the contact details above. A Shareholder Helpline is available on UK business days between 8.30am to 5.00pm and contains an automated self-service functionality which is available 24 hours a day. Low cost share dealing facilities Shareholders have the opportunity to buy or sell Company shares using a low cost share dealing facility operated by the Registrar. – Telephone share dealing: Commission is 1%, subject to a minimum charge of £25, stamp duty at 0.5% is payable on purchases. The service is available from 8.00am to 4.30pm Monday to Friday excluding bank holidays. Telephone: 0870 703 0084. – Internet share dealing: Commission is 0.5%, subject to a minimum charge of £15, stamp duty at 0.5% is payable on purchases. The service is available to place orders out of market hours. Simply log onto http://www.investorcentre.co.uk. Terms and conditions of both of these services can be obtained by calling 0870 702 0129. Unauthorised brokers (boiler room scams) Kingfi sher plc is legally obliged to make its share register available to the general public. Consequently some shareholders may receive unsolicited mail, including correspondence from unauthorised investment companies. Companies have become increasingly aware that their shareholders have received unsolicited phone calls or correspondence concerning investment matters. These are typically from overseas based brokers who target UK shareholders offering to sell what often turn out to be worthless or high risk shares in US or UK investments. They can be very persistent and extremely persuasive. Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free company reports. Details of any share dealing facilities that the Company endorses will be included in Company mailings. 111 Share price history Pence per ordinary share * Dollars per ADR ** Financial year High Low High Low 2009/10 247.20 118.00 8.24 3.15 2008/09 153.60 91.80 6.10 2.82 2007/08 284.00 115.30 11.45 4.49 2006/07 273.00 218.75 10.70 7.95 2005/06 312.25 201.00 12.05 7.20 * Based on the daily closing price of Kingfi sher plc shares on the London Stock Exchange ** Based on the daily closing price of Kingfi sher plc ADR’s in the Over the Counter (OTC) market Analysis of shareholders and shareholdings as at 30 January 2010 Classifi cation of holder Holdings % Shares % Individuals 25,936 90.91 40,149,843 1.70 Bank or Nominees 2,341 8.20 2,243,729,551 95.01 Investment Trust 24 0.08 2,986,262 0.13 Insurance Company 13 0.05 82,235 0.00 Other Company 183 0.64 47,110,764 1.99 Pension Trust 8 0.03 30,134 0.00 Other Corporate Body 27 0.09 27,553,148 1.17 Total 28,532 100.00 2,361,641,937 100.00 Size of holding Shareholders % Shares % 1– 500 12,321 43.18 2,667,519 0.11 501–1,000 5,603 19.64 4,183,514 0.18 1,001– 5,000 8,011 28.08 17,391,069 0.74 5,001–10,000 1,148 4.02 8,112,940 0.34 10,001–100,000 829 2.91 23,087,168 0.98 100,001–500,000 304 1.06 74,586,927 3.16 500,001– 999,999,999 316 1.11 2,231,612,800 94.49 Total 28,532 100.00 2,361,641,937 100.00
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