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woolworths holdings limited results

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country road <strong>results</strong><br />

income statement<br />

Dec 2005 Dec 2004* % Chg<br />

A$m<br />

A$m<br />

Revenue 105.1 104.0 1.1%<br />

Turnover 104.2 103.1 1.1%<br />

Cost of merchandise 47.4 48.7 -2.7%<br />

Gross profit 56.8 54.4 4.4%<br />

Other revenue 1.0 0.8 25.0%<br />

Expenses 55.0 53.5 2.8%<br />

Operating profit 2.8 1.7 64.7%<br />

Finance costs 0.5 0.4 25.0%<br />

Net profit before tax 2.3 1.3 76.9%<br />

Average exchange rate (R/A$) 4.9 4.5<br />

Effective profit translation rate (R/A$) 3.4 4.6<br />

Gross margin - on turnover 54.5% 52.8%<br />

Operating margin - on revenue 2.7% 1.6%<br />

ROE (A$) 8.8% 5.1%<br />

*Prior year figures restated

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