| |
External revenues |
|
|
|
|
|
|
| |
Manufacturing and distribution (refer footnote a) |
213 712 |
|
142 821 |
|
49.6 |
|
| |
Franchise - Spur |
179 464 |
|
155 433 |
|
15.5 |
|
| |
Franchise - Panarottis |
16 692 |
|
12 952 |
|
28.9 |
|
| |
Franchise - John Dory’s |
11 712 |
|
11 092 |
|
5.6 |
|
| |
Franchise - Captain DoRegos |
9 174 |
|
2 498 |
|
267.3 |
|
| |
Other South Africa |
30 399 |
|
34 395 |
|
(11.6 ) |
|
| |
Total South Africa segments |
461 153 |
|
359 191 |
|
28.4 |
|
| |
Unallocated - South Africa |
515 |
|
205 |
|
151.2 |
|
| |
Total South Africa |
461 668 |
|
359 396 |
|
28.5 |
|
| |
|
|
|
|
|
|
|
| |
United Kingdom |
118 353 |
|
81 631 |
|
45.0 |
|
| |
Australia |
60 632 |
|
53 140 |
|
14.1 |
|
| |
Other International |
12 374 |
|
9 277 |
|
33.4 |
|
| |
Total International segments |
191 359 |
|
144 048 |
|
32.8 |
|
| |
|
|
|
|
|
|
|
| |
TOTAL EXTERNAL REVENUES |
653 027 |
|
503 444 |
|
29.7 |
|
 |
|
|
|
|
|
|
|
| |
Profit/(loss) before income tax |
|
|
|
|
|
|
| |
Manufacturing and distribution (refer footnote a) |
59 525 |
|
55 662 |
|
6.9 |
|
| |
Franchise - Spur |
158 818 |
|
136 447 |
|
16.4 |
|
| |
Franchise - Panarottis |
9 874 |
|
7 866 |
|
25.5 |
|
| |
Franchise - John Dory’s |
6 629 |
|
5 818 |
|
13.9 |
|
| |
Franchise - Captain DoRegos |
3 838 |
|
928 |
|
313.6 |
|
| |
Other South Africa |
92 |
|
1 427 |
|
(93.6 ) |
|
| |
Total South Africa segments |
238 776 |
|
208 148 |
|
14.7 |
|
| |
Unallocated - South Africa (refer footnote b) |
(35 690 ) |
|
(36 445 ) |
|
2.1 |
|
| |
Total South Africa |
203 086 |
|
171 703 |
|
18.3 |
|
|
|
|
|
|
|
|
|
| |
United Kingdom (refer footnote c) |
(1 006 ) |
|
694 |
|
(245.0 ) |
|
| |
Australia (refer footnote d) |
(2 194 ) |
|
(682 ) |
|
(221.7 ) |
|
| |
Other International |
7 487 |
|
5 305 |
|
41.1 |
|
| |
Total International segments |
4 287 |
|
5 317 |
|
(19.4 ) |
|
| |
Unallocated - International (refer footnote e) |
(12 316 ) |
|
(1 920 ) |
|
(541.5 ) |
|
| |
Total International |
(8 029 ) |
|
3 397 |
|
(336.4 ) |
|
| |
|
|
|
|
|
|
|
| |
TOTAL PROFIT BEFORE INCOME TAX |
195 057 |
|
175 100 |
|
11.4 |
|
|
|
|
|
|
|
|
|
| |
| FOOTNOTES: |
| |
a) |
Includes revenue of R72.625 million (2012: R23.485 million) and profit before tax of R1.949 million (2012: R0.948 million) in
respect of the Captain DoRegos distribution centre (refer note 4). |
| |
b) |
Includes a charge in respect of cash-settled share-based payments of R23.645 million (2012: R3.965 million) and a fair value
gain in respect of a related hedge of R34.357 million (2012: R7.479 million) relating to the group’s long-term share-linked
retention scheme; legal costs and professional fees of R1.424 million (2012: R3.171 million) relating to the dispute with the
former minority shareholder of John Dory’s Franchise (Pty) Ltd and the related Financial Services Board investigation (which
investigation was concluded during the year and the company vindicated of any wrong doing). The prior year also includes a
bargain purchase gain on the acquisition of Captain DoRegos in the amount of R3.694 million (refer note 4) and due diligence
costs in respect of the Captain DoRegos acquisition and other potential acquisitions which were not progressed, in the amount
of R0.745 million. |
| |
c) |
Includes initial start-up and trading losses in the current year in respect of Two Rivers Spur (Staines, England), Rapid River
Spur (Dublin, Ireland) and Trinity Leasing in the amount of R2.773 million in aggregate (refer notes 2 and 3). The prior year
includes a fair value gain on the realisation of collateral of R0.843 million (refer note 6). |
| |
d) |
Includes an impairment of property, plant and equipment relating to Panarottis Tuggerah of R2.188 million. The prior year
includes an impairment of goodwill in the amount of
R1.564 million relating to the same cash-generating unit. |
| |
e) |
The current year includes losses amounting to R1.052 million in winding up certain of the group’s Australian equity-accounted
associates which ceased trading in previous years. Also includes a foreign exchange loss of R6.518 million (2012: gain of
R2.288 million). The foreign exchange loss for the current year includes the reclassification of net foreign currency losses from
other comprehensive income to profit on the deregistration of Larkspur Four Limited, a UK foreign operation which previously
traded the Yellowstone Spur in Derby, England (which ceased trading in December 2010), amounting to R0.842 million. |
