Condensed income statement

  June 2012  June 2011 
Rm (Reviewed) (Audited) % change 
Revenue 61,362.9  53,089.5  15.6 
Sales 61,209.1  52,950.1  15.6 
Cost of sales (49,957.1) (43,281.8) (15.4)
Gross profit 11,252.0  9,668.3  16.4 
Other income 153.8  139.4  10.3 
Depreciation and amortisation (594.2) (476.3) (24.8)
Impairment of assets (note 3) (16.5) (10.0) (65.0)
Employment costs (4,336.1) (3,766.3) (15.1)
Occupancy costs (2,059.9) (1,664.7) (23.7)
Foreign exchange loss (72.5) (72.3) (0.3)
Other operating costs (2,192.0) (1,759.4) (24.6)
Operating profit before Walmart costs 2,134.6  2,058.7  3.7 
Walmart transaction, integration and related
  costs (note 5)
(185.4)  (408.8) 54.6 
Loss on disposal of Makro Zimbabwe   (38.6) 100.0 
Operating profit 1,949.2  1,611.3  21.0 
  Finance costs (183.9) (140.4) (31.0)
  Finance income 68.8  33.2  107.2 
Net finance costs (115.1) (107.2) (7.4)
Profit before taxation 1,834.1  1,504.1  21.9 
Taxation (618.2) (585.3) (5.6)
Profit for the year 1,215.9  918.8  32.3 
Profit attributable to:
  Owners of the parent 1,173.5  838.7 
  Preference shareholders (note 6) 6.1  38.4 
  Non-controlling interests 36.3  41.7   
Profit for the year 1,215.9  918.8  32.3 
Basic EPS (cents) 544.4  412.1  32.1 
Diluted basic EPS (cents) 532.7  390.7  36.3 
Dividend (cents):
Interim 252.0  252.0   
Final 146.0  134.0  9.0 
Total 398.0  386.0  3.1