DOCSLIB.ORG

We Bring a Little Good to Everyone, Every Day

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

2016 ANNUAL REPORT We bring a little good to everyone, every day. Woolworths Limited ABN 88 000 014 675 "There are some real around and we come night after cricket "Range is good. and I can find what gems here. I’ll line up from 20 mins training." VIC Even on things I need, no problem." up specifically foraway to buy it here." "I love the bread roll like stationery and QLD "Just the CONTENTS the good ones. They QLD "Always well selection; great for beauty." NSW "I atmosphere in store smile all the time laid out. Like the veg lunches." ACT "The like that things is so friendly; it’s a SECTION 1 and are just really here. A good choice." meat in this store is on sale are put at great ambience!" PERFORMANCE nice, well trained SA "Brilliant service very, very good. Lots the front and have ACT "You can HIGHLIGHTS 8 19 people." QLD "The by this lady (Uma). of choice and lots of prices big and easy always get specials 2016 at a glance 8 checkout staff She's exceptional. well priced items." to see." VIC "Great here — they are Chairman's Report 10 2016 AT A NEW ZEALAND are just amazing Efficient and WA "The ladies on for everything you really clear." Managing Director's GLANCE FOOD Report 12 on the whole and friendly. We will line the Deli and the guy need. The store WA "Sale items The Results in Brief 14 a real credit to up for her or Alan. in Seafood are all is reliable." SA displayed look great the store; they’re They're the best." lovely. You can have "You can see lots and are easy to SECTION 2 friendly, chatty and NSW "Love the a laugh with them of speciaIs in the find." VIC "Love the BUSINESS REVIEW efficient!" ACT introduction of the too which is great." store. Lots of good healthfood section." Australian Food "Why would I go Odd Bunches — we QLD "Bakery area ones." SA "Love SA "You can always and Petrol 16 anywhere else? I can need more of them — is good — like the The Odd Bunch: find specials Endeavour Drinks Group 18 10 16 park at the door and greater range." WA range of bread rolls. low cost and quality available here to New Zealand Food 19 CHAIRMAN'S AUSTRALIAN FOOD in two steps I’ve got "The range and Always consistent isn't that bad" buy." QLD "Good Portfolio Business REPORT AND PETROL my trolley and am presentation of the quality." VIC VIC "Always get selection (of fruit — BIGW 20 shopping. It’s great." and vegetables). Portfolio Business — Hotels 21 QLD "This lady is Can always find Discontinued Operations one of the great what I need." WA — Home Improvement 22 packers — soft fruit "The counters Overheads, Cash Flow never bruised, meat with specials are and Balance Sheet 23 kept separately, etc really well‑marked, Capital Management 24 — however others, We bring so it’s easy to find New store rollout plans 24 Outlook – Material mainly teenagers, the bargains!" ACT Business Risks 25 would benefit from "Service is excellent. a little to more training." good They're always SECTION 3 20 WA "That is a very everyone, every day. really friendly." DIRECTORS’ REPORT good price. I like my QLD "You can find Board of Directors 26 PORTFOLIO BUSINESS half‑price deals. Why what you want — Group Executive — BIGW pay more?" QLD helpful staff!" WA Committee 28 "The staff on the "Staff take pride in Directors’ floormake the presentation — it Statutory Report 29 experience for me; looks good." VIC Remuneration Report 33 they’re very friendly apples is amazing." "The staff are allbargains here. Good "They widened the and really helpful, ACT "Although locals here, they work Woolworths." entrance recently SECTION 4 always helping you pricey we will are brilliant. You VIC "Love this sushi and it’s so much FINANCIAL REPORT to find the unusual splurge on wagyu couldn’t meet a section. Adds a better now!" ACT Auditor's Independence 12 Declaration 54 items!" ACT "I think occasionally. It's nicer lot." SA "The cosmopolitan feel "The specials Financial Report 55 MANAGING there has been an beautiful and shelves and displays to the store." WA freezer is great. I Directors’ Declaration 115 DIRECTOR'S REPORT improvement in tender. The meat are always well‑filled "I come in to browse always come here." Independent the fresh fruit and from this display is and products are their half price QLD "Customer Auditor’s Report 116 veg lately. Probably consistently good. brought to the front specials. They're service staff are 18 changed in the lead You'll pay more but of the shelves." ACT great." QLD "Yeah, always friendly and SECTION 5 up to Christmas." it's worth it. Best of "Meat prices are of course I have my helpful." VIC "Love OTHER INFORMATION ENDEAVOUR NSW "I see the all it’s grass fed..." competitive with favourites! I would the yellow reduced Five Year Summary 118 DRINKS GROUP manager often NSW "This shop is the butcher." NSW rather wait longer price tags. Easy Shareholder Information helping. I saw him always really well "Fresh produce. to be served by to see specials." and Corporate Governance Statement 125 fixing the hot cross stocked and the Lettuce is always them!" ACT "Love VIC "Nice and wide Company Directory 128 buns. Shows me aisles are always crisp. No complaints. the price per kg or aisles; they just look he cares about his clean and tidy." WA They are the Fresh per item on yellow so clean all the time!" 21 shop." VIC "I love "Fresh Fruit for Kids Food People!" QLD tags. Great for easy ACT "The specials how it's all fresh promotes healthy "The sushi bar is price comparison." grab me. They're PORTFOLIO BUSINESS not frozen. Makes eating for kids and absolutely fantastic! VIC "They make it competitive." QLD "It — HOTELS me want to look and is regularly stocked I just wish they could look really nice. It just has all the fresh buy!! Best seafood — even at 8pm at do even more!" ACT all looks very fresh stuff I need." ACT good FOOD We can help everyone eat well within their means – whether it’s eating more fresh food, more local food or more food that is just right for them. There are more than 3,400 products on our local sourcing program, which have increased by over 450 product lines since September 2014. 96% of our fruit and veg is Aussie grown. Our Australian first sourcing policy means we only import to provide customers with more variety during our off-season. All our fresh beef, lamb, pork and poultry are Australian grown. All Woolworths branded beef is MSA (Meat Standards Australia) graded so it’s tender and juicy. OVERALL CUSTOMER SATISFACTION % of customers satisfied FY16 75% Q4 – FY16 75 74 73 72 71 % 70 69 68 67 66 65 Q1–FY16 Q2–FY16 Q3–FY16 Q4–FY16 Overall customer satisfaction good PRICES We are always competitive on price because we believe that good prices help ensure everyone can eat and live well. Our Low Price Always promise means that customers can always get low prices on hundreds of products they always buy. Between April and June 2016, Woolworths has added an additional 183 products to the Price Dropped and Low Price Always programs, contributing to our overall price investment of over $500 million in FY16. We’ve been dropping shelf prices across the store so customers' regular shopping costs less. This year we invested approximately $45 million into the meat category so that we could provide family favourite items, such as our Australian Lamb Leg Roast, at an affordable price. PRICE REDUCTION t 2.7% Change in average prices % FY16 Q4 – FY16 0 -1 % -2 -3 Q1–FY16 Q2–FY16 Q3–FY16 Q4–FY16 Price reduction (Australian Food and Liquor) good ACTS It can be something as small and personal as a warm smile or a thank you, or something big like our commitment to minimising food waste. Nationally, Woolworths partners with and fundraises on behalf of our food rescue partners, OzHarvest and Foodbank. We also fundraise on behalf of the Australian Salvation Army and for the Paralympics, helping to raise the $7 million needed to send the team to Rio in 2016. Our Free Fruit for Kids initiative was developed to encourage healthy eating amongst kids and assist parents as they shop. Woolworths makes 250,000 pieces or 50,000 kgs of fruit available for kids to eat in local stores. We also sell odd-shaped fresh fruit and veg through The Odd Bunch to save customers money, help farmers and reduce waste. With over 25 products in The Odd Bunch range, over 30 million kgs have been sold. THE ODD BUNCH Sales through The Odd Bunch initiative (million kgs) 8 6 5 4 8 3 6 million kgs 2 million kgs million kilograms 1 2.5 2.5 million kgs million kgs 0 Apples Tomatoes Potatoes Carrots 8 9 ANNUAL REPORT 2016 REPORT ANNUAL GROUP WOOLWORTHS 2016 GROUP FINANCIAL at a glance TEAM NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF SHAREHOLDERS WOOLWORTHS FROM SALES EMPLOYEES CONTINUING OPERATIONS BEFORE SIGNIFICANT ITEMS 2 CUSTOMER COMMUNITY HIGHLIGHTS 1PERFORMANCE 205,000+ SALES FROM CONTINUING FULL YEAR FULLY FRANKED $1,558M OPERATIONS DIVIDEND PER SHARE t39.2% from 2015 CUSTOMERS SERVED VALUE OF EMPLOYEE TIME PER WEEK DEVOTED TO COMMUNITY INVESTMENT WOMEN IN MANAGEMENT REVIEW 2 BUSINESS POSITIONS 77¢ TOTAL GROUP NET LOSS ATTRIBUTABLE TO SHAREHOLDERS M t 44.6% from 2015 29.6 $7.4 M OF WOOLWORTHS $58B 38.9% OVERALL CUSTOMER $ M SATISFACTION AS AT 1,235 MATERIAL RECYCLED OR JUNE 2016* DIVERTED FROM LANDFILL t 1.2% from 2015 REPORT 3 DIRECTORS' (TONNES) t 157.5% from 2015 INDIGENOUS EMPLOYEES ORDINARY EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE 75% 274,930t SIGNIFICANT ITEMS 2 2,200+ EARNINGS BEFORE AUSTRALIAN FOOD AND PETROL INTEREST AND TAX FROM CONTINUING OPERATIONS 2 ¢ BEFORE SIGNIFICANT ITEMS 4REPORT FINANCIAL 123.3 $39,410M VOICE OF THE CUSTOMER FOOD SAVED FOR MEALS t % from 2015 SCORE FOR TEAM ATTITUDE* (MILLION MEALS) 39.5 ALL NEW SUPPORT STAFF EMPLOYEES $2,564M ENDEAVOUR DRINKS GROUP SPEND A WEEK IN STORE 85% 6.4M t 35.5% from 2015 $7,589M Woolies 5INFORMATION OTHER TOTAL DIVIDEND PAYOUT OPERATING CAPITAL NEW ZEALAND FOOD Welcome IN RELATION TO FY16 EXPENDITURE INVESTMENT IN LOWER SOLAR POWER GENERATION PRICES IN FY16 * $5,592M $1.0B $1,484M YOUNG EMPLOYEES 1,560Mwh BIGW $500M+ t 44.2% from 2015 u 2.8% from 2015 79,000+ $3,820M WOOLWORTHS RENEWAL WOOLWORTHS OWN STORES OPENED IN JUNE BRAND PRODUCTS WITH HOTELS THE HEALTH STAR RATING $1,512M 6 1,300 * Represents Australian Food only.
Recommended publications
  • First Anniversary Snapshot 2018/2019 Our Signatories

    First Anniversary Snapshot 2018/2019 Our Signatories

    First Anniversary Snapshot 2018/2019 Our signatories Founding signatories Original signatories from public launch in July 2018 First Anniversary Snapshot 2018/2019 New signatories since launch Climate Leaders Coalition Signatory footprint Our signatories Make up nearly Represent 60% Employ more than of NZ’s gross emissions one third of NZ’s 170,000 people private sector GDP 60% “Until joining the Climate Leaders Coalition it was somewhat lonely out there and we were very isolated from other companies’ initiatives around climate change. This initiative has created a family who are very willing to share experiences and provide advice and support. This has made our journey a lot easier.” Tony Gibson, CEO Ports of Auckland 1 First Anniversary Snapshot 2018/2019 Contents 3 A word from our convenor 4 Year in review 8 Climate-X 9 Demonstrating leadership on climate change 10 Events 11 Signatories’ progress against the 2017 Climate Change Statement 14 2019 Statement 15 Join the movement “The vision of Ngāi Tahu is mō tātou, ā, mō kā uri ā muri ake nei – for us and our children after us. The action now required by all of us to address climate change comes in to sharp focus when we consider the effects on those who will follow in our footsteps.” Mike Sang, CEO Ngāi Tahu Holdings Climate Leaders Coalition 2 A word from our convenor Back in 2017 the idea was hatched to create a coalition of New Zealand To show the Coalition means business, we have also released a second pledge businesses who were taking action on climate change to inspire others to do the to reflect the latest science that illustrates the need to limit global warming to same.
  • 2021 Investor Day

    2021 Investor Day

    2021 Investor Day The Warehouse Group 4 May 2021 Important Disclaimer This presentation is given on behalf of The Warehouse Group Limited (‘the Group’). Information in this presentation: • Is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in the Group. Readers should take their own independent professional advice in respect of their objectives, financial position or needs; • Should be read in conjunction with, and is subject to, the Group’s Annual Report, market releases, and information published on The Warehouse Group website (www.thewarehousegroup.co.nz); • Includes forward-looking statements about the Group and the environment in which the Group operates, which are subject to uncertainties and contingencies outside of the Group’s control – the Group’s actual results or performance may differ materially from these statements; • Includes statements relating to past performance, which should not be regarded as a reliable indicator of future performance; • May contain information from third parties believed to be reliable; however, no representations or warranties are made as to the accuracy or completeness of such information; and • Has not been subject to audit or review by an independent third party of the assumptions, data, calculations and forecasts contained in or referred to in this presentation. All information in this presentation is current at the date of this presentation, unless otherwise stated. All currency amounts are in NZ dollars unless
  • View Inevitable

    View Inevitable

    In this Issue December 2016 Who pays the piper? 2 Sky City Entertainment Group AGM 29 AIA appoints its 3rd Future Director 4 Methven AGM 29 2016 NZSA Business Story of the year 5 Vital HealthcareProperty Trust AGM 30 A Message from the Chairman 2016 Beacon Award Winner Anounced 6 Mercury AGM 31 Membership Gift Certificate 8 NZ Oil and Gas AGM 32 A small step towards Commonsense Tax 8 Barramundi and Marlin Global 33 Investors have certainly had an interesting year! I hope for most of you it Environmental, Social, Governance (ESG) 101 - Steel and Tube AGM 34 The latest buzz 9 Delegat Group AGM 34 has been a positive one. The dramas surrounding Pumpkin Patch and especially Company Meetings Airwork Holdings AGM 35 Wynyard will have caught out some, but the correction during October should A2 Milk AGM 11 Tourism Holdings AGM 36 SLI Systems AGM 37 not have surprised market watchers. Political uncertainty around the globe EBOS AGM 13 (and at home) along with likely increases to interest rates and inflation and the Veritas AGM 14 Skellerup Holdings AGM 38 Contact Energy AGM 15 Freightways AGM 39 potential fall in house prices in some overheated areas such as Auckland will Genesis Energy AGM 16 Caught on the Net 40 bring challenges and opportunities. So 2017 certainly promises to be interesting. Comvita AGM 17 Branch Reports Tegel AGM 18 Auckland. 42 For the NZSA, it has been another big year. A highlight (or should that Precinct Properties AGM 19 Waikato 44 really be lowlight?) was our success in removing a sitting director at Rakon.
  • HALF YEAR REPORT 2012 Overview Overview

    HALF YEAR REPORT 2012 Overview Overview

    The Warehouse Group Limited HALF YEAR REPORT 2012 Overview Overview Group OPERATING PERFORMANCE GROUP OPERATING PROFIT $ 67. 9 GROUP SALES UP million 3.3% GROUP OPERATING MARGIN $937.9 MILLION TAX-PAID PROFIT UP 7. 2% 3.3% Group EBIT $54.0 MILLION $76.7 million OVERVIEW 01 Half Year Review 2012 Your Directors are pleased to present the unaudited results for the six months ended 29 January 2012. The strategic direction set out in September 2011 has already started to have a positive impact and we are very pleased to have been able to declare a dividend of 13.5 cents per share. Dear Shareholders SEGMENTAL RESULTS The Warehouse Group Limited (‘Group’) reported a half The Warehouse year net profit after tax of $54.0 million compared to The Warehouse reported a 3.4% increase in sales for $52.3 million in the prior comparable period. Adjusted the half year ended 29 January 2012, with same store net profit after tax for the period was $46.7 million, sales up 2.7%. Operating profit was down 16.1% to compared to $53.0 million last year. $62.1 million, primarily a function of margin pressure The strategic direction set out last September has in apparel, cost inflation and cost investment to provide already started to have a positive impact. Your Board a stable base for the future. understands that the scale of change required to The Warehouse’s operating margin was 7.4% compared reverse long term trends is significant and building to last year, at 9.2%. long term sustainable growth in profits will take time.
  • Disclosure of Beginning to Have Substantial Holding

    Disclosure of Beginning to Have Substantial Holding

    Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To The Warehouse Group Limited (WHS) Date this disclosure made: 21 May 2021 Date on which substantial holding began: 21 May 2021 Substantial product holder(s) giving disclosure Full name(s): Forsyth Barr Limited (FBL), Forsyth Barr Group Limited (FBGL), Forsyth Barr Investment Management Limited (FBIM) Summary of substantial holding Class of quoted voting products: Ordinary shares (WHS) Summary for FBL, FBGL, FBIM For this disclosure,— (a) total number held in class: 31,610,858 (b) total in class: 346,843,120 (c) total percentage held in class: 9.113% Details of relevant interests Details for FBL and FBGL Nature of relevant interest(s): The relevant interest is the power to acquire and dispose of, or control the acquisition or disposition of, 31,120,089 shares in WHS. This relevant interest was acquired when FBL and FBGL entered into a block trade agreement on 21 May 2021 with Foodstuffs (Auckland) Nominees Limited, Wardell Bros & Coy Limited and Cash Wholesalers Limited (Block Trade Agreement). A relevant agreement document is attached under regulation 139 (see pages 4-22). For that relevant interest,— (a) number held in class: 31,120,089 (b) percentage held in class: 8.972% (c) current registered holder(s): Foodstuffs (Auckland) Nominees Limited (10,373,363 shares), Wardell Bros & Coy Limited (10,373,363 shares), Cash Wholesalers Limited (10,373,363). (d) registered holder(s) once transfers are registered: unknown 1 Details for FBIM Nature of relevant interest: The relevant interest arises under various investment management agreements to which FBIM is a party in its capacity as the manager of the Forsyth Barr Investment Funds and as a provider of discretionary investment management services (DIMS).
  • Hypermarket Lessons for New Zealand a Report to the Commerce Commission of New Zealand

    Hypermarket Lessons for New Zealand a Report to the Commerce Commission of New Zealand

    Hypermarket lessons for New Zealand A report to the Commerce Commission of New Zealand September 2007 Coriolis Research Ltd. is a strategic market research firm founded in 1997 and based in Auckland, New Zealand. Coriolis primarily works with clients in the food and fast moving consumer goods supply chain, from primary producers to retailers. In addition to working with clients, Coriolis regularly produces reports on current industry topics. The coriolis force, named for French physicist Gaspard Coriolis (1792-1843), may be seen on a large scale in the movement of winds and ocean currents on the rotating earth. It dominates weather patterns, producing the counterclockwise flow observed around low-pressure zones in the Northern Hemisphere and the clockwise flow around such zones in the Southern Hemisphere. It is the result of a centripetal force on a mass moving with a velocity radially outward in a rotating plane. In market research it means understanding the big picture before you get into the details. PO BOX 10 202, Mt. Eden, Auckland 1030, New Zealand Tel: +64 9 623 1848; Fax: +64 9 353 1515; email: [email protected] www.coriolisresearch.com PROJECT BACKGROUND This project has the following background − In June of 2006, Coriolis research published a company newsletter (Chart Watch Q2 2006): − see http://www.coriolisresearch.com/newsletter/coriolis_chartwatch_2006Q2.html − This discussed the planned opening of the first The Warehouse Extra hypermarket in New Zealand; a follow up Part 2 was published following the opening of the store. This newsletter was targeted at our client base (FMCG manufacturers and retailers in New Zealand).
  • Annual Report 2020

    Annual Report 2020

    Financial Report 2020 Financial Statements This annual report covers the performances of Auckland International Airport Limited (Auckland Airport) from 1 July 2019 to 30 June 2020. This volume contains our audited financial statements. Overview information and a summary of our performance against financial and non-financial targets for the 2020 financial year are obtained in a separate volume, which may be accessed at report.aucklandairport.co.nz. 1 Financial report 2020 Introduction Auckland Airport is pleased to present the financial results for the year to 30 June 2020. This was a year of contrasting halves with the first half dominated by the company embarking on a historic period of infrastructure-related transformation and the second Financial report impacted by the travel restrictions put in place to mitigate the effects of the COVID-19 outbreak. The eight-month period to February 2020 was a period of transformation for Auckland Airport, with key milestones reached in the airport infrastructure upgrade, including the commencement of four of our eight key anchor projects. Auckland Airport also focused on delivering meaningful customer improvements including launching new automated pre-security gates, the continued rollout of check-in kiosks and the completion of the international departures upgrade. International air connectivity continued to grow in the eight-month period to February 2020 with new or enhanced services launched to Vancouver and Seoul. Regrettably, domestic passenger volumes marginally fell during the first half reflecting increased yield management by airlines and the impact of Jetstar’s exit from regional services. Following the global outbreak of COVID-19 and the subsequent imposition of travel restrictions from February 2020, Auckland Airport took a number of decisive measures to withstand the challenging and unparalleled operating environment.
  • Aviation's Right Stuff

    Aviation's Right Stuff

    You deserve 2016 great service. SK LLS Aviation’s right stuff Award-winning visitor experience .............................................................. Hospitality gold .............................................................. Retail’s rising stars .............................................................. AND MORE… Celebrating people with world-class skills Service Celebrating people with world-class skills This issue of SkillsIQ celebrates the achievements of New Zealanders who deliver excellent service by gaining top skills, knowledge and qualifications on-job in the exciting tourism, travel, aviation, retail, hospitality and museum service sectors. e have a saying ServiceIQ sets the qualification standards at ServiceIQ: and provides on-job training programmes for WGreat staff aren’t thousands of talented people in the service born. They are trained. industry: tourism, travel, retail, hospitality, aviation and museums. EVERY YEAR No matter how gifted, passionate or enthusiastic Here are just a few of the companies we people are in any industry, provide on-job training programmes for: they need to have the right Accor, Air New Zealand, BP, Flight Centre, skills and knowledge. They McDonald’s, Novotel, Skyline New Zealand, need to be focused and The Warehouse Group, Z Energy. 18,739 motivated. On-job training, where you earn as you learn, does all of that and more. They’re all household names. They are iconic brands. They are market leaders. They have That’s why on-job training isn’t a nice to have or achieved sustained success. And they are all the last thing you do. It’s a must have. 100% committed to on-job training that gives KIWIS staff qualifications and customers great service. It means that training needs to start from day GAIN GREAT one and should never end.
  • Congratulations! 2014 NEW ZEALAND EFFIE AWARD FINALISTS

    Congratulations! 2014 NEW ZEALAND EFFIE AWARD FINALISTS

    2014 NEW ZEALAND EFFIE AWARD FINALISTS AGENCY ADVERTISER ENTRY TITLE A - Charity/Not for Profit .99 Leukaemia and Blood Cancer New Zealand (LBC) Shave For A Cure Colenso BBDO/Proximity New Zealand MARS Share For Dogs DDB Paw Justice A World without Animals FCB New Zealand Brothers in Arms Youth Mentoring Bank Job Ogilvy & Mather NZ World Wide Fund for Nature (WWF) New Zealand The Last 55 B - Social Marketing/Public Service Clemenger BBDO New Zealand Transport Agency Mistakes FCB New Zealand Health Promotion Agency (HPA) Say Yeah, Nah FCB New Zealand Maritime New Zealand Partners in Safety: Saving lives like they did in the 80's FCB New Zealand Statistics New Zealand Engaging disenfranchised youth in the 2013 Census Ogilvy & Mather NZ Energy Efficiency Conservation Authority (EECA) Move towards the light Ogilvy & Mather NZ Environmental Protection Authority EPA Business Campaign Getting to the answer faster: how the use of Choice Modelling helped the NZDF recruit top Officer Saatchi & Saatchi New Zealand Defence Force talent C - Retail/Etail .99 Foodstuffs (New Zealand) Limited New World Little Shop Barnes Catmur & Friends Hell Pizza Rabbit Pizza Billboard Colenso BBDO/Proximity New Zealand Burger King Anti Pre Roll DDB The Warehouse Group Back to School: Getting Ahead with Head to Toe DDB The Warehouse Group Bringing Back The Doubters FCB New Zealand JR/Duty Free Reinventing the wheel FCB New Zealand Noel Leeming Group People's Story Ogilvy & Mather NZ Progressive Enterprises Ltd A Pincer on Price D - Business to Business (B2B) FCB New
  • Delivering Today. Value Tomorrow

    Delivering Today. Value Tomorrow

    A CENTURY OF PROGRESS Delivering today. Value tomorrow. Wesfarmers | Annual Report 2014 WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 A CENTURY OF PROGRESS WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 2 A century of progress. In this our one hundredth year, we celebrate our strong commitment to performance that has seen our business consistently deliver value to our shareholders, employees, customers and the communities in which we operate. As we look towards the future we continue to focus on the core values that form the foundation of our success – integrity, openness, accountability, and boldness. Despite many changes over the past 100 years, it is our steadfast commitment to these values that ensures we provide a satisfactory return to shareholders; look after our employees and ensure they have a safe environment in which to work; provide excellent products and services to our customers; look after and care for the environment; and make a contribution to the communities in which we operate. WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 WESFARMERS ANNUAL REPORT 2014 1 A CENTURY OF PROGRESS Contents About Wesfarmers About this report From its origins in 1914 as a Western Australian farmers’ This annual report is a summary of Wesfarmers’ and its cooperative, Wesfarmers has grown into one of Australia’s largest subsidiary companies’ operations, activities and financial listed companies. With headquarters in Western Australia, its position as at 30 June 2014. In this report references to diverse business operations cover: supermarkets; department ‘Wesfarmers’, ‘the company’, ‘the Group’, ‘we’, ‘us’ and stores; home improvement and office supplies; coal production and ‘our’ refer to Wesfarmers Limited (ABN 28 008 984 049) export; chemicals, energy and fertilisers; and industrial and safety unless otherwise stated.
  • Woolworths Limited FY13 Full Year Earnings Analyst Presentation

    Woolworths Limited FY13 Full Year Earnings Analyst Presentation

    Company Results Full Year Ended 30 June 2013 Grant O'Brien Chief Executive Officer and Managing Director Results — Financial Year 2013 Continuing Operations Total Group Before Significant Items1 Change Change FY13 Change Normalised2 FY13 Change Normalised2 Sales – Group $58.5b 6.8% 4.8% $59.2b 4.3% 2.4% EBITDA $4,618.7m 9.2% EBIT $3,653.2m 9.2% 7.2% NPAT $2,353.9m 8.0% 6.1% $2,259.4m 24.4% EPS 190.2¢ 6.7% 4.8% 182.6¢ 22.8% DPS 133¢ 5.6% ROFE 28.0% 24 bps $2.2 billionreturned to shareholders via dividends and the in-specie distribution on divestment of the SCA Property Group 1. Significant items include one-off loss associated with the SCA Property Group transaction, Victorian transport fleet redundancies, US 144A bond redemption costs and the net gain of disposal of Consumer Electronics businesses. Refer to slide 52 for further information 2. Full year total growth has been adjusted to remove the impact of the 53rd week in the 2013 Financial Year 1 Group EBIT from continuing operations — up 9.2% or 7.2% on a normalised 52 week basis1 Change $ million FY12 FY13 Change Normalised1 Australian Food and Liquor 2,817.2 3,061.6 8.7% 6.7% Petrol 127.1 137.7 8.3% 6.2% Australian Food, Liquor and Petrol 2,944.3 3,199.3 8.7% 6.7% New Zealand Supermarkets (NZD) 287.4 302.7 5.3% 3.5% New Zealand Supermarkets 224.5 236.2 5.2% 3.3% BIG W 178.4 191.3 7.2% 5.5% Hotels 195.7 263.7 34.7% 32.2% Group EBIT – Continuing Operations before Central Overheads and Home Improvement 3,542.9 3,890.5 9.8% 7.8% Central Overheads (99.8) (98.4) (1.4)% (3.3)%
  • Annual Report 2011 Closer Every Day

    Annual Report 2011 Closer Every Day

    Annual Report 2011 Closer every day. Woolworths Limited Annual Report 2011 CONTENTS CAPITAL MANAGEMENT Chairman’s Report 11 Managing Director’s Report 12 Successful completion of Highlights 14 The Results in Brief 18 $704 million off market Food, Liquor and Petrol 20 share buyback and sales of General Merchandise 26 Hotels 32 approximately $390 million Overheads, Expenses and Balance Sheet 33 in property assets. Capital Management and Outlook 34 Board of Directors 36 Management Board 2011 41 EARNINGS Directors’ Statutory Report 42 Remuneration Report 45 Auditor’s Independence Declaration 68 Corporate Governance Statement 69 5.1% Financial Report to Shareholders 80 increase Shareholder Information 167 in net profit after tax to $2,124.0 million (6.4% excluding natural disaster costs). www.woolworthslimited.com.au ABN 88 000 014 675 CASH FLOWS Solid increase in operating cash flows. EARNINGS 6.5% 6.6% 6.3% increase increase increase in earnings per share in earnings before in earnings before to 174.6 cents. interest, tax, depreciation interest and tax to and amortisation. $3,276.4 million. SALES DIVIDENDS 4.7% 6.1% increase increase Sales of $54,143 million, in fully franked up 4.7% including petrol dividend to 122 cents (excluding petrol, up 4.1%). per share. 1 Woolworths Limited Annual Report 2011 Thousands of shelf prices reduced during the year We’re knocking down prices every week… 63% rise in online sales over the last year We’re making online shopping easier and more accessible… 2 …so meal time is more about the family and less about the cost.