Group
| All figures in $m unless shown otherwise1 | 20192 | 20183 | 2017 | 20164 | 2015 |
|---|---|---|---|---|---|
| Summarised income statement4,5 | |||||
| Sales revenue | 44,485 | 69,595 | 68,099 | 65,643 | 62,129 |
| Other operating revenue | 199 | 283 | 345 | 338 | 318 |
| Operating revenue | 44,684 | 69,878 | 68,444 | 65,981 | 62,447 |
| Operating profit before depreciation and amortisation, finance costs and income tax | 7,627 | 4,079 | 5,668 | 2,642 | 4,978 |
| Depreciation and amortisation | (809) | (1,283) | (1,266) | (1,296) | (1,219) |
| EBIT | 6,818 | 2,796 | 4,402 | 1,346 | 3,759 |
| Finance costs | (175) | (221) | (264) | (308) | (315) |
| Income tax expense | (1,133) | (1,378) | (1,265) | (631) | (1,004) |
| Profit after tax from discontinued operations | 3,570 | (1,407) | - | - | - |
| Operating profit after income tax attributable to members of Wesfarmers Limited | 5,510 | 1,197 | 2,873 | 407 | 2,440 |
| Capital and dividends | |||||
| Ordinary shares on issue (number) 000's as at 30 June | 1,133,840 | 1,133,840 | 1,133,840 | 1,126,131 | 1,123,753 |
| Paid up ordinary capital as at 30 June | 15,809 | 22,277 | 22,268 | 21,937 | 21,844 |
| Fully-franked dividend per ordinary share declared (cents) | 178 | 223 | 223 | 186 | 200 |
| Special dividend | 100 | - | - | - | - |
| Capital management: capital return and fully franked dividend components | - | - | - | - | 100 |
| Financial performance | |||||
| Earnings per share (weighted average) (cents) | 487.2 | 105.8 | 254.7 | 36.2 | 216.1 |
| Earnings per share growth | 360.5% | (58.5)% | 603.6% | (83.2)% | (7.9)% |
| Return on average ordinary shareholders' equity (R12) (excluding significant items4) | 19.2% | 11.7% | 12.4% | 9.6% | 9.8% |
| Fixed charges cover (R12, times)(excluding significant items5) | 3.2 | 3.0 | 3.1 | 2.7 | 3.0 |
| Interest cover (cash basis) (R12, times)(excluding significant items5) | 30.6 | 30.4 | 25.0 | 16.8 | 20.5 |
| Financial position as at 30 June | |||||
| Total assets | 18,333 | 36,933 | 40,115 | 40,783 | 40,402 |
| Total liabilities | 8,362 | 14,179 | 16,174 | 17,834 | 15,621 |
| Net assets | 9,971 | 22,754 | 23,941 | 22,949 | 24,781 |
| Net tangible asset backing per ordinary share | $5.21 | $4.33 | $4.44 | $3.45 | $4.85 |
| Net debt to equity | 25.1% | 17.3% | 20.1% | 31.0% | 25.1% |
| Total liabilities/total assets | 45.6% | 38.4% | 40.3% | 43.7% | 38.7% |
| Stock market | 41,000 | 55,966 | 45,490 | 45,158 | 43,860 |
1 All figures are presented as last reported, including discontinued operations.
2 The summarised income statement for 2019 includes significant items relating to the following pre-tax (post-tax) items: $2,319 million ($2,264 million) gain on demerger of Coles, the $679 million ($645 million) gain on disposal of Bengalla, the $267 million ($244 million) gain on disposal of KTAS, the $138 million ($120 million) gain on disposal of Quadrant Energy and $146 million ($102 million) provision for Coles supply chain automation.
3The summarised income statement for 2018 includes significant items relating to the following pre-tax (post-tax) items: $306 million ($300 million post-tax) non-cash impairment of Target, BUKI's writedown and store closure provision of $931 million ($1,023 million), $375 million ($375 million) loss on disposal relating to BUKI, partially offset by $120 million ($123 million) gain of the Curragh Coal Mine.
4 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.
5 The 2016-2019 ratios exclude the significant items outlined in footnotes 2-4 above.