Annuai Report

AnnuAl RepoRt

contents

Performance Summary Growth Plans Chairman’s Report Managing Director’s Report The Results in Brief Food, Liquor and Petrol General Merchandise Hotels Home Improvement Consumer Electronics Discontinued Operations Overheads, Expenses and Balance Sheet Capital Management and Outlook Board of Directors Directors’ Statutory Report Remuneration Report Auditor’s Independence Declaration Corporate Governance Statement Financial Report to Shareholders Shareholder Information 1 2 10 12 14 16 22 24 26 27 27 28 29 32 38 42 71 72 88 179

peRfoRmAnce summARy

stRAtegy gAining good momentum And continuing investment in gRowth initiAtives

good

eARnings befoRe inteRest And tAx

AustRAliAn food And liquoR 5.2% p AustRAliAn supeRmARkets (including petRol) 5.3% p new ZeAlAnd supeRmARkets 17.0% p big w 0.8% p hotels 6.5% p

mo

Our 2012 Corporate Responsibility Report will be published in November. The report will be available on our website.

www.woolwoRthslimited.com.Au

woolwoRths limited Abn 88 000 014 675

20

annual report

12

omentum 4.8 3.3

sales (increase from continuing operations)

% p

dividends

% p

sales

$

,130m 55

% p

total group sales

4.7

fully franked dividends

%p

126

¢

3.0

3.6

% p

3.1

% p

14.5

%

increase in earnings before interest and tax from continuing operations to $3,352.1 million

increase in net profit after tax from continuing operations to $2,182.9 million

increase in earnings per share from continuing operations to 178.63 cents

decrease in net profit after tax including discontinued operations and consumer electronics provision

1

growth plans

our

four strategic priorities

no.

strategic priority

1

leadership in food and liquor

2

WoolWorths limited AnnuAl report 2012

extend

priority

• re-establish marketing supremacy around value and growth • unlock sales growth for a tougher consumer and competitive...