Reconciliation Between Trading and Operating Profit

Rm  26 weeks 
June 
2013 
(Reviewed)
26 weeks 
June 
2012 
(Reviewed)
% change  26 weeks  
December 
2012 
(Audited)
Profit before interest and taxation         
Trading profit before interest and taxation  814.9  929.6  (12.3) 1 427.1 
Asset impairments (note 3) –  (16.2)   (5.4)
Walmart transaction, integration and related costs (note 4) (74.9) (143.7)   (205.2)
Loss on disposal of business  (1.8) (12.1)   (4.4)
Fair value adjustment on assets classified as held for sale  –  (7.9)   (0.4)
BEE transaction IFRS 2 charge (note 6) (7.9) (11.9)   (9.9)
Foreign exchange profit/(loss) 133.8  (154.9)   (76.7)
Operating profit before interest and taxation  864.1  582.9  48.2  1 125.1