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Some things in life is just better viewed on a big screen Please open this report on a tablet in landscape mode or bigger screen.
| 5-year compound growth (%) | 2016 | 2015 | 2014 | 2013 Restated* | 2012 Restated* | |||
|---|---|---|---|---|---|---|---|---|
| *2013 and 2012 results have been restated due to the adoption of IAS 19 (Revised) – Employee Benefits and IFRS 10 – Consolidated Financial Statements. | ||||||||
| Statements of comprehensive income | ||||||||
| Turnover | (Rm) | 11.3 | 24 171 | 22 070 | 19 150 | 17 543 | 15 437 | |
| Operating expenses | (Rm) | 9.8 | (4 796) | (4 339) | (3 954) | (3 590) | (3 262) | |
| Operating profit | (Rm) | 10.9 | 1 572 | 1 396 | 1 218 | 1 104 | 1 012 | |
| Profit before tax | (Rm) | 11.0 | 1 515 | 1 330 | 1 207 | 1 050 | 958 | |
| Headline earnings | (Rm) | 10.9 | 1 099 | 960 | 838 | 756 | 693 | |
| Statements of financial position | ||||||||
| Non-current assets | (Rm) | 12.1 | 2 507 | 2 009 | 1 772 | 1 602 | 1 505 | |
| Trade and other receivables | (Rm) | 15.0 | 2 013 | 1 871 | 1 608 | 1 508 | 1 172 | |
| Inventories | (Rm) | 14.1 | 3 479 | 3 250 | 2 614 | 2 225 | 2 080 | |
| Other current assets | (Rm) | (17.6) | 8 | 25 | 3 | 18 | 9 | |
| Cash and cash equivalents | (Rm) | 83.1 | 370 | 401 | 195 | 92 | 7 | |
| Total assets | (Rm) | 14.5 | 8 377 | 7 556 | 6 192 | 5 445 | 4 773 | |
| Total equity | (Rm) | 20.5 | 2 452 | 2 013 | 1 567 | 1 377 | 1 349 | |
| Non-current liabilities | (Rm) | 8.9 | 406 | 308 | 286 | 252 | 286 | |
| Current liabilities | (Rm) | 15.8 | 5 519 | 5 235 | 4 339 | 3 472 | 2 923 | |
| Call borrowings | (Rm) | (100.0) | – | – | – | 344 | 215 | |
| Total equity and liabilities | (Rm) | 14.5 | 8 377 | 7 556 | 6 192 | 5 445 | 4 773 | |
| Statements of cash flows | ||||||||
| Cash inflow from operating activities before dividends paid | (Rm) | 14.7 | 1 345 | 1 290 | 1 464 | 1 008 | 759 | |
| Dividends paid | (Rm) | 14.6 | 586 | 491 | 429 | 394 | 337 | |
| Capital expenditure | (Rm) | 14.9 | 433 | 370 | 337 | 310 | 256 | |
| Returns and margin performance | 5-year average | |||||||
| Total income margin | (%) | 26.8 | 26.3 | 26.0 | 27.0 | 26.8 | 27.7 | |
| Operating margin | (%) | 6.4 | 6.5 | 6.3 | 6.4 | 6.3 | 6.6 | |
| Return on assets | (%) | 14.5 | 13.8 | 14.0 | 14.4 | 14.8 | 15.3 | |
| Return on shareholders’ interest | (%) | 55.1 | 49.2 | 53.7 | 57.0 | 55.5 | 59.9 | |
| Inventory days | 64 | 66 | 68 | 64 | 59 | 63 | ||
| Asset turnover | (times) | 3.1 | 2.9 | 2.9 | 3.1 | 3.2 | 3.2 | |
| Return on net assets | (%) | 83.0 | 93.5 | 96.7 | 85.2 | 69.7 | 69.7 | |
| Shareholders’ interest to total assets | (%) | 26.9 | 29.3 | 26.6 | 25.3 | 25.3 | 28.2 | |
| Net debt to equity | (%) | (2.8) | (15.1) | (19.9) | (12.5) | 18.3 | 15.4 | |
| Share performance | 5-year compound growth (%) | |||||||
| Headline earnings per share – basic (cents per share) |
13.1 | 462.4 | 399.2 | 341.7 | 302.0 | 273.5 | ||
| Headline earnings per share – diluted (cents per share) |
11.9 | 438.5 | 383.9 | 336.8 | 298.3 | 273.4 | ||
| Cash equivalent earnings (cents per share) | 14.4 | 576.5 | 527.2 | 433.7 | 386.2 | 362.9 | ||
| Net asset value (cents per share) | 22.1 | 1 037 | 839 | 647 | 558 | 533 | ||
| Dividends declared (cents per share) | 16.8 | 272.0 | 235.0 | 190.0 | 168.0 | 152.0 | ||
| Dividend cover (times) | 1.7 | 1.7 | 1.8 | 1.8 | 1.8 | |||
| Weighted average number of shares in issue (net of treasury shares) (’000) | 237 565 | 240 603 | 245 364 | 250 297 | 253 154 | |||
| Weighted average diluted number of shares in issue (net of treasury shares) (’000) | 250 501 | 250 204 | 248 892 | 253 434 | 253 258 | |||
| Shares repurchased (Rm) | 290 | 176 | 285 | 354 | 12 | |||
| Shares repurchased (’000) | 3 360 | 2 376 | 4 620 | 6 187 | 217 | |||
A comprehensive five-year review is available on the website at www.clicksgroup.co.za.
