annual report 2009

Annual General Meeting
9 September 2009
12H15 l Stanley Lewis Centre

D M Nurek A D Murray R Stein
Chairman's
Report
Chief Executive
Officer's Report
Financial
Director's Report
     
D M Nurek A D Murray R Stein

FINANCIAL HIGHLIGHTS AND SALIENT FEATURES

  % change 2009 2008
Retail turnover (Rm) 5,5 8 089,6 7 668,7
Operating profit before finance charges (Rm) 6,3 2 025,5 1 905,5
EBITDA (Rm) 6,9 2 256,6 2 110,2
Profit before tax (Rm) (0,6) 1 775,7 1 786,3
Headline earnings (Rm) 1,5 1 145,8 1 128,4
Profit attributable to equity holders of Foschini Limited (Rm) 1,5 1 145,8 1 128,4
Total shareholders’ interest (Rm) 16,9 4 496,3 3 845,2
Total equity 17,4 4 855,5 4 136,1
Total liabilities 25,1 3 808,5 3 044,4
Net borrowings 8,5 1 626,9 1 498,9
Earnings per ordinary share* (cents) 2,3 559,5 547,0
Headline earnings per ordinary share* (cents) 2,3 559,5 547,0
Tangible net asset value per ordinary share** (cents) 15,3 2 148,1 1 862,7
Dividend per share (cents) – interim 118,0 118,0
Dividend per share (cents) – final 170,0 170,0
Dividend per share (cents) – total 288,0 288,0
Gross number of shares in issue (millions)   240,5 240,5
Net number of shares in issue (millions)   207,3 204,6
Closing US$ conversion rate   9,33 8,14
Average US$ conversion rate   8,89 7,15
* based on the weighted average number of shares in issue      
** based on the net actual number of shares in issue