Lewis — Shareholder Meeting (August 2005)

5 slides from Lewis's shareholder meeting presentation, Aug 5, 2005

Slide 1: Annual General Meeting Chief Executive's Update
ANNUAL GENERAL MEETING Chief Executive’s Update 5TH AUGUST 2005
Slide 2: Review of FY 2005 Financial Highlights
REVIEW OF FY 2005 Financial Highlights Our Annual Financial Statements issued in June 2005 reflect more detail, but in summary ……. Our Annual Financial Statements issued in June 2005 reflect more detail, but in summary ……….. 14% 18% 17% 23.5% 41% 24.3% R625m Merchandise Merchandise Operating Operati
Slide 3: FY/2006 Update
FY/2006 UPDATE GUS sale of 50.1% holding – May 2005 Merchandise Sales up low double digit vs last year Since March ‘05 year end we have committed to and opened 15 new stores; Lewis 4, Best Electric 9 and Lifestyle Living, 2. On track to open our 25 new stores by financial year end 3
Slide 4: FY/2006 Update (Continued)
FY/2006 UPDATE (Continued) Credit Book – quality & collections better than last year Financial Services growing : Funeral plan launched – July Store Card in Lifestyle Living – June 2005 4
Slide 5: The Year Ahead FY06
The Year Ahead FY06 Strategy remains on track Existing store sales growth New stores Develop ancillary products Optimise balance sheet structure Phased share buy back of 10% Improved dividend cover proposed Broad based black economic empowerment Prospects – on track, per our FY05 A