Income Statement for the year ended 24 June 2012

  Notes 2012
Rm
  2011
Rm
Revenue 4 61,362.9   53,089.5
         
Sales   61,209.1   52,950.1
Cost of sales   (49,957.1)   (43,281.8)
Gross profit   11,252.0   9,668.3
Other income 4 153.8   139.4
Depreciation and amortisation   (594.2)   (476.3)
Impairment of assets 5 (16.5)   (10.0)
Employment costs   (4,336.1)   (3,766.3)
Occupancy costs   (2,059.9)   (1,664.7)
Foreign exchange loss 7 (72.5)   (72.3)
Other operating costs   (2,192.0)   (1,759.4)
Operating profit before Walmart costs   2,134.6   2,058.7
Walmart transaction, integration and related costs 6 (185.4)   (408.8)
Loss on disposal of Makro Zimbabwe 8   (38.6)
         
Operating profit 6 1,949.2   1,611.3
         
Finance costs 9 (183.9)   (140.4)
Finance income 9 68.8   33.2
Net finance costs   (115.1)   (107.2)
Profit before taxation   1,834.1   1,504.1
Taxation 10 (618.2)   (585.3)
         
Profit for the year   1,215.9   918.8
         
Profit attributable to:        
Owners of the parent   1,173.5   838.7
Preference shareholders   6.1   38.4
Non-controlling interests 23 36.3   41.7
         
Profit for the year   1,215.9   918.8
         
Earnings per share (cents)        
Basic EPS 12 544.4   412.1
Diluted basic EPS 12 532.7   390.7
         
Dividend/distribution per share (cents)        
Interim   252.0   252.0
Final   146.0   134.0
Total 11 398.0   386.0
Headline earnings 12 1,216.7   881.9
Headline earnings before Walmart costs (taxed) 12 1,363.6   1,252.7
Headline EPS (cents) 12 564.5   433.3
Headline EPS before Walmart costs (taxed) (cents) 12 632.6   615.5
Diluted headline EPS (cents) 12 552.3   410.8
Diluted headline EPS before Walmart costs (taxed) (cents) 12 619.0   583.5