Group
| All figures in $m unless shown otherwise | 2017 | 2016 | 2015 | 20141 Restated | 20132 Restated |
|---|---|---|---|---|---|
| Summarised income statement3 | |||||
| Sales revenue | 68,099 | 65,643 | 62,129 | 59,903 | 57,466 |
| Other operating revenue | 345 | 338 | 318 | 278 | 283 |
| Operating revenue | 68,444 | 65,981 | 62,447 | 60,181 | 57,749 |
| Operating profit before depreciation and amortisation, finance costs and income tax | 5,668 | 2,642 | 4,978 | 3,877 | 4,486 |
| Depreciation and amortisation | (1,266) | (1,296) | (1,219) | (1,082) | (1,033) |
| EBIT | 4,402 | 1,346 | 3,759 | 2,795 | 3,453 |
| Finance costs | (264) | (308) | (315) | (346) | (417) |
| Income tax expense | (1,265) | (631) | (1,004) | (939) | (908) |
| Profit after tax from discontinued operations | - | - | - | 1,179 | 133 |
| Operating profit after income tax attributable to members of Wesfarmers Limited | 2,873 | 407 | 2,440 | 2,689 | 2,261 |
| Capital and dividends | |||||
| Ordinary shares on issue (number) 000's as at 30 June | 1,133,840 | 1,126,131 | 1,123,753 | 1,143,275 | 1,157,194 |
| Paid up ordinary capital as at 30 June | 22,268 | 21,937 | 21,844 | 22,708 | 23,290 |
| Fully-franked dividend per ordinary share declared (cents) | 223 | 186 | 200 | 200 | 180 |
| Capital management: capital return and fully franked dividend components | - | - | 100 | 50 | - |
| Financial performance | |||||
| Earnings per share (weighted average) (cents) | 254.7 | 36.2 | 216.1 | 234.6 | 195.9 |
| Earnings per share growth | 603.6% | (83.2%) | (7.9%) | 19.8% | 6.4% |
| Return on average ordinary shareholders' equity (R12)(excluding significant items4) | 12.4% | 9.6% | 9.8% | 10.5% | 8.9% |
| Fixed charges cover (R12, times)(excluding significant items4) | 3.1 | 2.7 | 3.0 | 3.2 | 3.0 |
| Interest cover (cash basis) (R12, times)(excluding significant items4) | 25.0 | 16.8 | 20.5 | 15.9 | 12.2 |
| Financial position as at 30 June | |||||
| Total assets | 40,115 | 40,783 | 40,402 | 39,727 | 43,155 |
| Total liabilities | 16,174 | 17,834 | 15,621 | 13,740 | 17,133 |
| Net assets | 23,941 | 22,949 | 24,781 | 25,987 | 26,022 |
| Net tangible asset backing per ordinary share | $4.44 | $3.45 | $4.85 | $6.14 | $4.69 |
| Net debt to equity | 20.1% | 31.0% | 25.1% | 13.1% | 20.2% |
| Total liabilities/total assets | 40.3% | 43.7% | 38.7% | 34.6% | 39.7% |
| Stock market capitalisation as at 30 June | 45,490 | 45,158 | 43,860 | 47,835 | 45,936 |
1 The 2014 numbers have been restated to reflect the disposal of WesCEF’s interest in Air Liquide WA Pty Ltd as a discontinued operation.
2 The 2013 numbers have been restated to reflect the classification of the Insurance division as a discontinued operation.
3 The summarised income statement for 2016 includes significant items relating to the following pre-tax (post-tax) items: $1,266 million ($1,249 million) non-cash impairment of Target; $850 million ($595 million) non-cash impairment of Curragh; and $145 million ($102 million) of restructuring costs and provisions to reset Target.
4 The 2016 number excludes the significant items outlined in footnote 3 above.
2 The 2013 numbers have been restated to reflect the classification of the Insurance division as a discontinued operation.
3 The summarised income statement for 2016 includes significant items relating to the following pre-tax (post-tax) items: $1,266 million ($1,249 million) non-cash impairment of Target; $850 million ($595 million) non-cash impairment of Curragh; and $145 million ($102 million) of restructuring costs and provisions to reset Target.
4 The 2016 number excludes the significant items outlined in footnote 3 above.