10-year

statistics

YEARS ENDED 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Profitability
Retail turnover (Rm) 21 107,5 16 085,9 14 159,0 12 896,4 11 630,5 9 936,5 8 605,2 8 089,6 7 668,7 7 230,0
Operating profit before finance charges – continuing operations (Rm)* 3 596,1 2 807,1 2 536,9 2 407,3 2 232,6 1 845,1 1 559,3 1 686,4 1 521,5 1 478,5
Profit before tax – continuing operations (Rm) 3 021,2 2 286,6 2 375,1 2 298,9 2 156,4 1 775,5 1 485,2 1 573,2 1 515,8 1 459,6
Profit attributable to equity holders of The Foschini Group Limited (Rm) 2 155,6 1 858,0 1 859,6 1 792,0 1 582,1 1 301,8 1 085,6 1 145,8 1 128,4 1 119,2
Adjusted headline earnings (Rm)** 2 185,2 1 881,9 1 872,3 1 796,6 1 584,2 1 305,6 1 085,6 1 145,8 1 128,4 1 119,2
Statement of financial position
Non-current assets (Rm) 8 448,9 6 925,3 2 120,5 1 883,1 1 623,8 1 353,1 1 380,5 1 363,3 1 284,4 1 204,7
Current assets (Rm) 13 646,2 11 608,1 9 351,2 8 425,9 7 281,2 6 156,0 4 949,9 4 608,7 3 982,1 3 755,5
Assets of disposal group (Rm) 5 631,5 4 985,4 3 912,9 3 164,3 2 883,7 2 679,7 1 897,7 1 823,5
Total assets (Rm) 22 095,1 18 533,4 17 103,2 15 294,4 12 817,9 10 673,4 9 214,1 8 651,7 7 164,2 6 783,7
Total shareholders’ interest (Rm) 9 896,7 8 130,9 7 228,6 7 043,8 6 293,1 5 462,9 5 058,3 4 496,3 3 845,2 3 823,6
Non-controlling interest (Rm) 4,0 2,7 861,3 705,5 571,1 485,6 427,0 359,2 290,9 181,3
Non-current liabilities (Rm) 5 973,8 4 491,4 2 016,0 1 392,4 1 048,4 1 251,7 1 226,4 1 301,6 1 036,7 1 282,4
Current liabilities (Rm) 6 220,6 5 908,4 3 296,1 2 750,3 2 284,8 1 417,3 764,3 769,4 712,1 212,9
Liabilities of disposal group (Rm) 3 701,2 3 402,4 2 620,5 2 055,9 1 738,1 1 725,2 1 279,3 1 283,5
Total equity and liabilities (Rm) 22 095,1 18 533,4 17 103,2 15 294,4 12 817,9 10 673,4 9 214,1 8 651,7 7 164,2 6 783,7
Cash flow statement
Cash flows from operating activities ‑ continuing operations (Rm) 461,5 (61,7) 128,2 485,2 (77,9) 190,8 352,0 640,3 (47,8) 492,3
Cash flows from investing activities ‑ continuing operations (Rm) (1 030,5) (1 779,6) (537,5) (557,0) (377,2) (353,9) (264,0) (517,1) (15,6) (98,2)
Cash flows from financing activities ‑ continuing operations (Rm) 585,1 2 328,5 339,5 121,4 666,9 179,4 (131,1) (17,2) 20,3 (386,6)
Net increase (decrease) in cash (Rm) 16,1 487,2 (69,8) 49,6 211,8 16,3 (43,1) 106,0 (43,1) 7,5
Cash at the beginning of the year (Rm) 800,4 301,3 593,4 504,7# 338,5 284,0 296,2 169,5 202,3## 62,5
Cash at the end of the year ‑ discontinued operations (Rm) (222,4) 39,0 160,5 38,2 30,9 20,7 10,3 1,1
Effect of exchange rate fluctuations on cash held (Rm) 72,3 11,9 0,1 0,1 0,1
Cash at the end of the year ‑ continuing operations (Rm) 888,8 800,4 301,3 593,4 710,9 338,5 284,0 296,2 169,5 71,1
Performance measures/ratios
Turnover growth (%) 31,2 13,6 9,8 10,9 17,0 15,5 6,4 5,5 6,1 12,4
Same store turnover growth (excluding Phase Eight) (%) 5,7 5,5 4,2 5,8 10,6 10,8 2,2 8,0
Operating margin – continuing operations (%) 17,0 17,5 17,9 18,7 19,2 18,6 18,1 20,8 19,8 20,4
Debt to equity ratio – continuing operations (%) 73,5 76,8 36,8 22,3 20,7 20,1 14,4 20,1 26,5 9,5
Total liabilities to shareholders’ interest (times) 1,2 1,3 1,2 1,1 0,9 0,9 0,7 0,8 0,8 0,7
Total liabilities to shareholders’ interest – continuing operations (times) 1,2 1,3 0,7 0,6 0,5 0,5 0,5 0,6 0,5 0,4
Net retail borrowings (Rm) 7 276,9 6 242,2 2 659,1 1 567,4 726,1 237,6 (169,4) 18,7 253,7 (360,1)
Current ratio – continuing operations (times) 2,2 2,0 2,8 3,1 3,2 4,3 6,5 5,9 5,5 17,8
Headline earnings per ordinary share (HEPS) – continuing operations** (cents) 1 055,8 897,9 818,7 780,6 653,9 537,3 440,7 488,8 458,2 438,1
Change in HEPS from continuing operations (%) 17,6 9,7 4,9 19,4 21,7 21,9 (9,8) 6,7 4,6 10,4
Distribution declared per ordinary share (DPS) (cents) 691,0 588,0 536,0 506,0 455,0 350,0 288,0 288,0 288,0 270,0
Tangible net asset value per ordinary share (cents) 2 063,5 1 701,0 3 396,3 3 205,0 2 918,9 2 598,3 2 316,7 2 075,3 1 809,5 1 751,5
Market capitalisation (Rm) 30 459,2 38 101,2 23 787,8 25 774,6 29 744,8 20 480,8 16 113,4 10 567,5 9 261,6 16 618,4
Statistics
Number of ordinary shares in issue (millions) 215,4 211,0 222,0 228,5 240,5 240,5 240,5 240,5 240,5 240,5
Number of ordinary shares on which headline earnings per share is calculated (millions) 207,0 204,3 206,0 209,3 205,2 206,5 208,2 204,8 206,3 209,5
Net number of ordinary shares on which net asset value per share is calculated (millions) 209,3 205,4 204,3 210,1 206,4 205,3 209,0 207,3 204,6 212,0
Closing share price (cents) 14 144 18 057 10 715 11 280 12 368 8 465 6 700 4 394 3 851 6 910
Number of outlets 3 125 2 724 2 111 1 979 1 857 1 727 1 627 1 539 1 393 1 332
Floor area (excluding Phase Eight) (gross square metres) 735 367 690 190 646 665 609 411 579 365 537 951 505 676 467 420 410 378 380 615

Notes

When an accounting policy changed, comparative figures were restated in accordance with the new policy.
2013 and prior years were restated where appropriate to reflect the RCS Group as a discontinued operation.
* Operating profit before finance charges excludes the impact of the once-off acquisition costs of the current year Whistles acquisition and the prior year Phase Eight acquisition.
** Adjusted headline earnings is calculated to remove the impact of the once-off acquisition costs of the current year Whistles acquisition and the prior year Phase Eight acquisition.
# Restated, as insurance cells are no longer consolidated and their cash flow is now included in working capital as part of the insurance receivables.
## In 2008, cash balances were restated to include an amount previously set off against interest-bearing debt.