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woolworths holdings limited results

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<strong>woolworths</strong> retail <strong>results</strong><br />

income statement (excluding financial services)<br />

Dec 2005 Dec 2004 * % Chg Jun 2005 *<br />

Rm Rm Rm<br />

Revenue 6,511.2 5,559.1 17.1% 11,288.4<br />

Turnover 6,482.5 5,539.6 17.0% 11,227.0<br />

Cost of merchandise 4,479.6 3,813.7 17.5% 7,738.9<br />

Gross Profit 2,002.9 1,725.9 16.0% 3,488.1<br />

Other revenue 28.7 19.5 47.2% 61.4<br />

Expenses 1,498.9 1,304.1 14.9% 2,690.8<br />

Operating profit 532.7 441.3 20.7% 858.7<br />

Finance costs - - -<br />

Net profit before tax 532.7 441.3 20.7% 858.7<br />

Tax 172.2 135.0 27.6% 242.6<br />

Net profit after tax 360.5 306.3 17.7% 616.1<br />

Gross margin - on turnover 30.9% 31.0% 30.9%<br />

Operating margin - on revenue 8.2% 7.9% 7.6%<br />

ROE 72.0% 77.1% 71.7%<br />

*Prior year figures restated

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