Consolidated Income Statement

	Year to	Year to
	31 August	31 August
	2005	2004	%
	(reviewed)	(restated)	change
	R'000	R'000
Continuing operations
Revenue	9 257 116	7 831 855	18.2
Turnover	8 714 338	7 369 472	18.2
Cost of merchandise	7 004 862	5 831 863	20.1
Gross profit	1 709 476	1 537 609	11.2
Other revenue	542 778	462 383	17.4
Expenditure	1 910 781	1 892 342	1.0
Operating expenditure	1 893 697	1 607 759	17.8
Impairment of property, plant and equipment	–	13 496
Loss on disposal of property, plant and equipment	270	1 920
Goodwill amortised	–	10 971
Goodwill impaired	16 814	258 196
Profit before interest and tax	341 473	107 650
Net interest paid	(49 086)	(54 470)	(9.9)
Net interest paid – normal operations	(49 086)	(54 470)
Interest accrued – Purchase Milton & Associates
(PM&A)	–	24 986
Provision against interest accrued – PM&A	–	(24 986)
Net profit before taxation	292 387	53 180
Taxation	87 754	91 044	(3.6)
Net profit/(loss) from continuing operations	204 633	(37 864)
Discontinued operations
Turnover	–	654 651
Profit before interest and tax	–	38 932
Net interest paid	–	(5 308)
Net profit before taxation	–	33 624
Taxation	–	14 287
Net profit from discontinued operations	–	19 337
Net profit/(loss) attributable to ordinary shareholders	204 633	(18 527)
Adjustments for
Impairment of property, plant and equipment	–	9 447
Profit on sale of Australian operations	–	(1 738)
Profit on sale of Intercare	–	(587)
Loss on disposal of property, plant and equipment	191	1 597
Goodwill amortised	–	16 272
Goodwill impaired	16 814	258 196
Headline earnings	221 638	264 660	(16.3)
Comprises:
Headline earnings from continuing operations	221 638	242 094	(8.4)
Headline earnings from discontinued operations	–	22 566
Undiluted headline earnings per share (cents)
All operations	65.2	74.9	(13.0)
Continuing operations	65.2	68.5	(4.9)
Diluted headline earnings per share (cents)
All operations	63.2	72.9	(13.3)
Continuing operations	63.2	66.7	(5.3)
Undiluted earnings per share (cents)
All operations	60.2	(5.2)
Continuing operations	60.2	(10.7)
Diluted earnings per share (cents)
All operations	58.4	(5.1)
Continuing operations	58.4	(10.4)
Distributions per share (cents)
Paid – June/July	11.2	12.5
Proposed/paid – December	18.5	22.5
	29.7	35.0	(15.1)