Group
| All figures in $m unless shown otherwise | 2018 | 20171 Restated | 20162 | 20152 | 20142,3 Restated |
|---|---|---|---|---|---|
| Summarised income statement4,5 | |||||
| Sales revenue | 66,608 | 64,583 | 65,643 | 62,129 | 59,903 |
| Other operating revenue | 275 | 330 | 338 | 318 | 278 |
| Operating revenue | 66,883 | 64,913 | 65,981 | 62,447 | 60,181 |
| Operating profit before depreciation and amortisation, finance costs and income tax | 5,259 | 5,352 | 2,642 | 4,978 | 3,877 |
| Depreciation and amortisation | (1,198) | (1,175) | (1,296) | (1,219) | (1,082) |
| EBIT | 4,061 | 4,177 | 1,346 | 3,759 | 2,795 |
| Finance costs | (211) | (248) | (308) | (315) | (346) |
| Income tax expense | (1,246) | (1,169) | (631) | (1,004) | (939) |
| Profit after tax from discontinued operations | (1,407) | 113 | - | - | 1,179 |
| Operating profit after income tax attributable to members of Wesfarmers Limited | 1,197 | 2,873 | 407 | 2,440 | 2,689 |
| Capital and dividends | |||||
| Ordinary shares on issue (number) 000's as at 30 June | 1,133,840 | 1,133,840 | 1,126,131 | 1,123,753 | 1,143,275 |
| Paid up ordinary capital as at 30 June | 22,277 | 22,268 | 21,937 | 21,844 | 22,708 |
| Fully-franked dividend per ordinary share declared (cents) | 223 | 223 | 186 | 200 | 200 |
| Capital management: capital return and fully franked dividend components | - | - | - | 100 | 50 |
| Financial performance | |||||
| Earnings per share (weighted average) (cents) | 105.8 | 254.7 | 36.2 | 216.1 | 234.6 |
| Earnings per share growth | (58.5%) | 603.6% | (83.2%) | (7.9%) | 19.8% |
| Return on average ordinary shareholders' equity (R12)(excluding significant items4) | 11.7% | 12.4% | 9.6% | 9.8% | 10.5% |
| Fixed charges cover (R12, times)(excluding significant items6) | 3.0 | 3.1 | 2.7 | 3.0 | 3.2 |
| Interest cover (cash basis) (R12, times)(excluding significant items6) | 30.4 | 25.0 | 16.8 | 20.5 | 15.9 |
| Financial position as at 30 June | |||||
| Total assets | 36,933 | 40,115 | 40,783 | 40,402 | 39,727 |
| Total liabilities | 14,179 | 16,174 | 17,834 | 15,621 | 13,740 |
| Net assets | 22,754 | 23,941 | 22,949 | 24,781 | 25,987 |
| Net tangible asset backing per ordinary share | $4.33 | $4.44 | $3.45 | $4.85 | $6.14 |
| Net debt to equity | 17.3% | 20.1% | 31.0% | 25.1% | 13.1% |
| Total liabilities/total assets | 38.4% | 40.3% | 43.7% | 38.7% | 34.6% |
| Stock market | 55,966 | 45,490 | 45,158 | 43,860 | 47,835 |
1 The 2017 numbers have been restated to reflect the disposal of BUKI and the Curragh coal mine as discontinued operations.
2 The 2016 to 2014 numbers have not been restated for classification of BUKI and the Curragh coal mine site as discontinued operations.
3 The 2014 numbers have been restated to reflect the disposal of WesCEF's interest in Air Liquide WA Pty Ltd as a discontinued operation.
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 summarised income statement for 2018 includes significant items relating to the pre-tax $306 million ($300 million post-tax) non-cash impairment of Target.
6 The 2018 and 2016 numbers exclude the significant items outlined in footnotes 4 and 5 above.