10-Jahres Übersicht - 500 Beiträge pro Seite

[gallator]

Financial Highlights
for the year ended 28 February 2007
Ten-year Review ◄ Back



PICK ’n PAY STORES LIMITED AND ITS SUBSIDIARIES

R million unless otherwise stated 10-year
compound
annual
growth 2007 2006 2005 2004 2003* 2002* 2001* 2000* 1999* 1998*


OPERATING RESULTS
Turnover 15% 39 337.1 35 078.4 31 885.0 29 276.1 26 194.2 18 817.5 15 126.1 13 606.7 12 353.7 10 970.6
Trading profit 27% 1 287.2 1 044.9 917.2 721.3 633.3 470.3 366.6 280.9 170.9 147.4
Operating profit 21% 1 328.8 1 101.6 998.6 803.2 725.1 542.8 447.5 383.9 294.7 240.0
Headline earnings (in 2007 – before deferred tax asset reversal) 25% 823.5 705.6 612.5 511.9 457.0 357.3 300.4 243.4 175.2 147.1
CONSOLIDATED BALANCE SHEETS
Assets
Non-current assets
Goodwill 714.3 634.9 634.2 687.6 742.1 704.1 — — — —
Intangible assets 190.3 110.9 25.3 — — — — — — —
Property 752.2 499.0 251.6 182.3 110.9 95.4 70.3 119.6 129.5 111.7
Equipment and vehicles 1 773.0 1 374.7 1 159.3 1 045.4 877.2 855.1 817.2 818.1 661.3 407.5
Investments 0.2 9.3 3.6 2.7 176.4 195.5 195.5 181.5 97.5 125.6
Investment in associate 9.1 47.0 23.6 15.0 12.6 11.0 9.5 8.0 6.5 5.8
Loans 108.8 96.7 95.8 89.6 97.5 89.2 135.8 105.0 101.9 86.5
Operating lease asset 5.9 4.8 3.7 2.5 2.1 2.0 2.0 1.8 1.8 1.5
Participation in export partnerships 67.8 71.8 102.7 127.6 143.3 149.3 166.2 183.4 194.6 188.3
Deferred tax 151.2 238.3 209.7 94.1 32.7 (18.1) (40.8) (50.3) (104.2) (108.7)
3 772.8 3 087.4 2 509.5 2 246.8 2 194.8 2 083.5 1 355.7 1 367.1 1 088.9 818.2
Current assets
Inventory 14% 2 367.4 1 984.2 1 858.6 1 563.1 1 507.3 1 265.2 864.8 728.9 714.3 608.3
Trade and other receivables 943.7 750.7 634.5 628.1 495.7 357.5 287.1 301.6 165.4 136.8
Cash and cash equivalents 709.1 944.6 1 329.0 1 502.5 1 035.6 986.5 1 085.3 773.3 907.2 917.1
4 020.2 3 679.5 3 822.1 3 693.7 3 038.6 2 609.2 2 237.2 1 803.8 1 786.9 1 662.2
Total assets 7 793.0 6 766.9 6 331.6 5 940.5 5 233.4 4 692.7 3 592.9 3 170.9 2 875.8 2 480.4
Equity and liabilities
Ordinary shareholders’ equity 1 015.4 854.9 704.4 774.0 644.3 786.6 494.3 352.6 216.2 191.4
Minority interest — — — — — — 19.6 18.4 14.0 12.3
Non-current liabilities
Long-term debt 181.8 192.9 199.2 188.2 243.3 241.3 242.3 89.4 98.9 191.4
Retirement scheme obligations 129.0 194.8 189.8 145.0 125.9 123.5 109.2 113.4 120.6 99.5
Operating lease liability 584.3 554.4 505.5 430.8 428.9 391.0 314.4 300.5 284.0 255.6
895.1 942.1 894.5 764.0 798.1 755.8 665.9 503.3 503.5 546.5
Current liabilities
Short-term debt 51.6 79.5 61.7 159.9 186.7 17.2 15.3 13.1 95.3 4.8
Trade and other payables 15% 5 605.4 4 654.1 4 282.3 3 972.0 3 394.9 2 897.1 2 184.6 2 045.8 1 917.8 1 600.2
Tax 225.5 236.3 388.7 270.6 209.4 236.0 213.2 237.7 129.0 125.2
5 882.5 4 969.9 4 732.7 4 402.5 3 791.0 3 150.3 2 413.1 2 296.6 2 142.1 1 730.2
Total equity and liabilities 7 793.0 6 766.9 6 331.6 5 940.5 5 233.4 4 692.7 3 592.9 3 170.9 2 875.8 2 480.4
Directors’ valuation – Property 1 029.0 781.4 476.6 365.5 247.4 223.0 232.4 291.0 270.4 277.8
– Investments 0.2 9.3 3.6 2.7 176.4 195.5 195.5 181.5 97.5 125.6
STATISTICS
Number of outlets – Corporate 504 468 425 428 391 332 221 224 234 216
– Franchise 192 179 172 162 157 139 193 176 185 237
Total selling area – Corporate 000m2 875 803 790 800 748 678 503 492 497 465
– Franchise 000m2 224 215 205 198 187 173 206 187 162 153
Number of TM supermarkets 56 54 54 53 53 53 50 49 48 46
Number of auto centres 5 5 5 5 5 10 9 14 14 14
Total number of employees –
Corporate**000’s 49.2 49.0 47.7 44.7 31.0 27.3 24.5 24.7 25.2 25.1


* The Group adopted International Financial Reporting Standards (IFRS) in the 2006 financial year. The results presented above for the years after February 2004 are fully IFRS compliant and have been audited. The impact of IFRS for all years preceding February 2004 has been accounted for based on estimates, has not been audited and has only been presented to assist users with further comparative information.
** Prior to 2004 all casual employees were included as a one-third equivalent of full-time employees in this total. From 2004 these employees have been fully accounted for in the total number of employees, as they now receive full proportional company benefits as variable time employees.



10-year
compound
annual
growth 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998


PERFORMANCE MEASURES
Turnover growth % 15 12.1 10.0 8.9 11.8 39.2 24.4 11.2 10.1 12.6 12.0
Trading profit growth % 27 23.2 13.9 27.2 13.9 34.7 28.3 30.5 64.4 15.9 21.2
Operating profit growth % 21 20.6 10.3 24.3 10.8 33.6 21.3 16.6 30.3 22.8 26.4
Headline earnings growth % 25 16.7 15.2 19.7 12.0 27.9 18.9 23.4 38.9 19.1 63.3
Trading profit on turnover % 3.3 3.0 2.9 2.5 2.4 2.5 2.4 2.1 1.4 1.3
Operating profit on turnover % 3.4 3.1 3.1 2.7 2.8 2.9 3.0 2.8 2.4 2.2
Headline earnings on turnover % 2.1 2.0 1.9 1.7 1.7 1.9 2.0 1.8 1.4 1.3
Return on shareholders’ equity % 88.1 90.5 82.9 72.2 63.9 55.8 70.9 85.6 86.0 88.1
Return on total assets % 11.3 10.8 10.0 9.2 9.2 8.6 8.9 8.1 6.5 6.4
Headline earnings per share cents 25% 180.6 153.0 130.7 108.7 94.5 71.6 61.4 50.1 36.6 31.2
Headline earnings per share growth % 18.0 17.1 20.2 15.1 32.0 16.5 22.5 37.1 17.1 61.0
Net asset value per share cents 16% 283.4 247.1 200.9 203.1 165.9 189.0 134.4 107.6 74.3 75.3
JSE LIMITED INFORMATION
Pick ’n Pay Stores Limited (PICKNPAY)
Number of shares in issue* millions 486.1 486.1 486.1 483.4 483.4 497.1 501.3 494.8 486.9 480.2
Market capitalisation Rm 21% 15 974.4 14 729.9 11 229.7 8 508.6 6 018.9 4 896.9 6 040.3 5 319.4 3 634.1 3 725.0
Price earnings ratio times 18.2 19.8 17.7 16.2 13.2 13.8 19.6 21.4 17.1 21.3
Dividend per share cents 19% 134.3 113.8 96.5 80.0 69.0 51.8 42.9 34.8 27.6 22.3
Dividend cover times 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.3 1.4
PICKNPAY ordinary shares
Volume of shares traded* millions 255.0 147.9 140.2 133.7 171.6 191.4 128.9 130.2 97.2 75.1
Percentage of shares traded % 52.5 30.4 28.8 27.7 35.5 38.5 25.7 26.3 20.0 15.6
Share price – High cents 3 631 3 200 2 494 1 850 1 500 1 350 1 400 1 195 1 010 850
– Low cents 2 580 2 150 1 630 1 160 900 900 850 700 330 520
– Year-end cents 3 286 3 030 2 310 1 760 1 245 985 1 205 1 075 781 808
Pick ’n Pay Holdings Limited (PIKWIK)
Number of shares in issue millions 527.2 527.2 527.2 527.2 527.2 527.2 522.6 516.3 508.5 502.8
Headline earnings per share cents 24% 85.7 73.9 64.7 54.9 49.1 37.4 31.1 25.4 18.5 15.6
Dividend per share cents 19% 65.5 55.0 47.1 39.1 33.7 25.3 20.9 17.0 13.6 11.0
PIKWIK ordinary shares
Volume of shares traded** millions 76.0 39.9 61.1 49.9 72.5 90.4 108.9 115.0 101.8 58.0
Percentage of shares traded % 14.4 7.6 11.6 9.5 13.8 17.1 20.8 22.3 20.0 11.5
Share price – High cents 1 570 1 420 1 135 814 610 540 580 445 430 380
– Low cents 1 170 1 040 760 490 385 381 335 260 150 242
– Year-end cents 1 484 1 355 1 125 800 520 420 490 400 310 375


* N ordinary shares were in issue during years 1997 to 2000 and share volumes and number of shares include N ordinary shares in these years.


DEFINITIONS
Headline earnings Profit for the year adjusted for the after tax effect of certain capital items
Return on shareholders’ equity Headline earnings expressed as a percentage of the average ordinary shareholders’ equity for the year
Return on total assets Headline earnings expressed as a percentage of the average total assets for the year
Headline earnings per share Headline earnings divided by the weighted average number of shares in issue for the year
Dividend cover Headline earnings per share divided by the dividends per share which relate to those earnings
Net asset value per share Total value of net assets at year-end, adjusted for directors’ valuations of property, divided by the number of shares in issue at year-end, held outside the Group
Market capitalisation The price per share at year-end multiplied by the number of shares in issue at year-end
Price earnings ratio The price per share at year-end divided by headline earnings per share
Dividends per share The interim dividend per share declared during the current financial year and the final dividend per share declared after year-end, in respect of the current financial year

[peterbond]

hallo gallator,



wie siehst du p`n´p in hinsicht auf die nächsten 2 jahre?
hatte mir nach diversen südafrika besuchen schon vor geraumer zeit
einige ins depot gelegt....