PART VIII

SELECTED FINANCIAL INFORMATION

The following is a summary of the Group's financial information for the periods indicated. The data has been extracted without material adjustment from, and is qualified in its entirety by reference to the financial information in Part X "Accountant's Reports and Financial Information". The summary should be read in conjunction with that Part and with Part IX "Operating and Financial Review". Investors are advised to read the whole of this document and not rely on the information summarised in this Part VIII.

Consolidated income statements

52 weeks ended
2 February
2008

$m		 53 weeks ended
3 February
2007

$m		 52 weeks ended
28 January
2006

$m
Sales 3,665.3 3,559.2 3,154.1
Cost of sales (2,414.6) (2,266.3) (1,990.1)
Gross margin 1,250.7 1,292.9 1,164.0
Selling, general and administrative expenses (1,000.8) (979.6) (876.8)
Other operating income, net 108.8 91.5 83.3
Operating income 358.7 404.8 370.5
Interest income 6.3 16.7 4.3
Interest expense (28.8) (34.2) (20.5)
Income before income taxes 336.2 387.3 354.3
Income taxes (116.4) (134.6) (116.3)
Net income 219.8 252.7 238.0
Earnings per share – basic 12.9c 14.6c 13.7c
– diluted 12.8c 14.3c 13.7c

 

Consolidated balance sheets

2 February 2008

$m		 3 February 2007

$m		 28 January 2006

$m
Current assets 2,422.8 2,373.6 1,806.8
Non-current assets 1,176.6 1,134.6 1056.3
Current liabilities (646.5) (650.1) (594.9)
Non-current liabilities (631.7) (630.2) (205.3)
Shareholders equity 2,321.2 2,227.9 2,062.9

 

Consolidated statements of cash flows

52 weeks ended
2 February 2008

$m		 53 weeks ended
3 February 2007

$m		 52 weeks ended
28 January 2006

$m
Net cash from operating activities 142.7 201.8 205.9
Capital expenditure (net) (139.4) (123.8) (123.1)
Net cash flows from financing activities (115.8) (28.4) (175.4)
Movement in cash and cash equivalents (112.5) 49.6 (92.6)
Closing net debt (374.6) (233.2) (174.5)