Woolworths Holdings Limited · JSE:WHL
Woolworths — H1 2005 Earnings Presentation
9 slides from Woolworths's earnings presentation, February 2005
Slide 1: Woolworths operating group
woolworths operating group
Slide 2: Retail results (excl financial services)
woolworths operating group retail results (excl financial services) Dec-04 Dec-03 %chg Rm Rm Revenue 5,559.1 4,805.4 15.7% Turnover 5,539.6 4,784.6 15.8% Cost of merchandise -3,917.1 -3,348.9 17.0% Gross profit 1,622.5 1,435.7 13.0% Other revenue & interest received 19.5 20.8 -6.3% Operating expense
Slide 3: Balance sheet (excl financial services)
Woolworths operating group balance sheet (excl financial services) Dec-04 Dec-03 %chg Rm Rm Property, plant & equipment, investments, deferred tax 1513.7 1381.6 9.6% Inventory 705.4 557.9 26.4% Accounts receivable 549.8 459.8 19.6% Cash 108.1 163.5 -33.9% Total assets 2877.0 2562.8 12.3% Accounts pa
Slide 4: Woolworths operations: turnover analysis
woolworths operations turnover analysis Dec-04 Dec-03 %chg Rm Rm Turnover 5546.0 4789.6 15.8% Clothing and home 2685.5 2422.9 10.8% Corporate (retail) 2364.5 2109.2 12.1% Franchise (wholesale) - Local 233.5 189.8 23.0% Franchise (wholesale) - International 87.5 123.9 -29.4% Foods 2753.0 2282.0 20.6%
Slide 5: Financial services results: income statement and balance sheet
financial services results income statement and balance sheet Dec-04 Dec-03 %chg Rm Rm Income Interest received 283.9 266.2 6.6% Less: Interest paid -60.1 -56.0 7.3% Net interest income 223.8 210.2 6.5% Other income 70.4 57.3 22.9% Total income 294.2 267.5 10.0% Expenses Operating costs -119.5 -112.
Slide 6: Country Road Limited results: income statement
country road limited results income statement Dec-04 Dec-03 %chg A$m A$m Revenue 103.9 100.0 3.9% Turnover 103.1 98.7 4.5% Cost of merchandise -48.7 -46.8 4.1% Gross profit 54.4 51.9 4.8% Other revenue 0.8 1.3 -38.5% Operating expenses -53.2 -52.2 1.9% Operating profit 2.0 1.0 100.0% Interest paid -
Slide 7: Country Road Limited results: balance sheet
country road limited results balance sheet Dec-04 Dec-03 %change A$ m A$ m Assets Property, plant & equipment 26.8 25.3 5.9% Trademarks* 11.1 11.3 -1.8% Inventory 22.0 25.0 -12.0% Accounts receivable 12.2 12.5 -2.4% Cash 14.4 7.4 94.6% 86.5 81.5 6.1% Equity and liabilities Shareholders funds 54.3 50
Slide 8: Country Road Limited results: cash flow statement
country road limited results cash flow statement Dec-04 Dec-03 A$m A$m Cash generated from operations 5.9 4.3 Working capital movements 0.9 -3.5 Interest paid -0.3 -0.4 Taxation received - 0.1 Retained from operations 6.5 0.5 Capital expenditure -3.5 -3.5 Net cash inflow / (outflow) 3.0 -3.0 Opening
Slide 9: Pro-forma financial effects of the securitisation and share repurchase
woolworths holdings limited Pro-forma financial effects of the securitisation and share repurchase as per the circular Before the After the securitisation and securitisation, After the the scheme - June-04 before the scheme scheme (cents) (cents) (cents) %chg HEPS 78.6 76.5 79.5 3.9 EPS 77.4 75.3 76