MIRA
INFORM REPORT
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Report Date : |
19.03.2013 |
IDENTIFICATION DETAILS
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Name : |
TESCO PLC |
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Registered Office : |
Tesco House, Delamare Road,
Cheshunt, Herts, Waltham Cross, EN8 9SL |
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Country : |
United Kingdom |
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Financials (as on) : |
25.02.2012 |
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Date of Incorporation : |
27.11.1947 |
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Com. Reg. No.: |
00445790 |
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Legal Form : |
Public Parent |
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Line of Business : |
Retail sale in non-specialised stores with food, beverages
or tobacco predominating |
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No. of Employees : |
519,671 |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List June 30th, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
United Kingdom - ECONOMIC OVERVIEW
The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aims to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 23% by 2015. The Bank of England (BoE) implemented an asset purchase program of up to 325 billion (approximately $525 billion) as of February 2011. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU).
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Source : CIA |
Company name and address
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Tesco PLC |
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Tel:
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01992
632222 |
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Fax:
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01992
630794 |
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Employees: |
519,671 |
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Company
Type: |
Public Parent |
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Corporate
Family: |
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Traded:
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Quoted
Status: |
Quoted Company |
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Incorporation
Date: |
27-Nov-1947 |
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Auditor: |
PricewaterhouseCoopers LLP |
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Fiscal
Year End: |
25-Feb-2012 |
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Reporting
Currency: |
British Pound Sterling |
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Annual
Sales: |
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Net
Income: |
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Total
Assets: |
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Market
Value: |
45,196.9 |
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(01-Mar-2013) |
Business Description
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Tesco PLC is an international retailer.
The activity of the Company is retailing and associated activities in the
United Kingdom, the People’s Republic of China, the Czech Republic,
Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South
Korea, Thailand, Turkey and the United States. The Company also provides
retail banking and insurance services through its subsidiary, Tesco Bank. The
services it offers in store, such as optician, pharmacy, phone shop or
customer restaurant. As of February 25, 2012, it had over 180 opticians.
Click & Collect is a component of its multi-channel offering. Its store
and distribution networks give customers the opportunity to pick products
whenever it suits them from over 770 stores, close to where they live or
work. As of February 25, 2012, it had 45 stores, which offers grocery Click
& Collect. On March 18, 2011, the Company acquired the 77 stores of Mills
Group in the United Kingdom. In September 2012, the Company acquired Mobcast.
For the 26 weeks ended 25 August 2012, Tesco PLC revenues increased 2% to
L32.31B. Net income before extraordinary items decreased 10% to L1.3B.
Revenues reflect UK segment increase of 3% to L21.41B, Asia segment increase
of 5% to L5.49B. Net income was offset by UK segment income decrease of 12%
to L1.12B, Rest of Europe segment income decrease of 28% to L171M. Dividend
per share remained flat at L0.05. |
Industry
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Industry |
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ANZSIC 2006: |
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NACE 2002: |
5211 - Retail sale in non-specialised stores with food,
beverages or tobacco predominating |
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NAICS 2002: |
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UK SIC 2003: |
5211 - Retail sale in non-specialised stores with food,
beverages or tobacco predominating |
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UK SIC 2007: |
4711 - Retail sale in non-specialised stores with food,
beverages or tobacco predominating |
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US SIC 1987: |
Key Executives
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Significant Developments |
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News
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Financial Summary
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Stock Snapshot |
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Registered No.(UK)
00445790
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6255556
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6369712
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Tesco
PLC The Strategic Initiatives report is created using
technology to extract meaningful insights from analyst reports about a
company's strategic projects and investments. More about Strategic Initiatives
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In May 2012, the company
opened its first F&F store in Haifa Mall in Jeddah, Saudi Arabia. The
store offers a range of clothing for women, men, kids and baby range. The
store supports the comapny's long-term strategy
to grow highly valued international brands. In February 2012, Tesco
Homeplus expanded its trial of virtual stores to more than 20 bus stops in
South Korea. The store helps the people to scan the relevant barcode or QR
code with their Homeplus App to order different products and also organize
for home delivery that day. |
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Overview
Tesco Plc (Tesco) is an in-store and online retailer,
engaged in food and non-food retailing business. The important products offered
by the company include apparels, health and beauty products, electrical goods,
home entertainment, stationery, kitchen utensils, soft furnishings and other
related products. Tesco’s wide range of operations and market leading
position give the company an edge over its competitors. Decline in inventory
turnover and product recalls are a concern for the company. The company can get
benefited from its aquisition of Mobcast and positive outlook for e-retailing.
However, sluggish global economy, rising sales of counterfeit products could
affect the company’s growth.
Strengths
Wide range of store formats helps the company cater to the
varying needs of a diverse customer base, in turn generating higher revenues.
The company is a multi-format retailer. It stores network includes both
company-operated and franchised/partnered stores in different formats. Its
formats include hypermarkets, supermarkets, convenience, department stores. As
of February 2012, the company had 6,234 stores including 2,979 stores in the
UK, 1,719 stores in Asia, 1,351 stores in Europe and 185 stores in the US. The
company operates its stores through different brands including TESCO, TESCO
extra, TESCO metro, TESCO express, Home plus express and TESCO Lotus, among
others.
Business competency in terms of market leadership drives
growth of the company, providing it a competitive advantage. It also enhances
the goodwill for the company and helps it in pursuing its expansion plans.
Tesco is the one of the largest grocery retailers in the world. The company has
operations across North America, Asia, and Europe. The company is the largest
retailer in the UK. As per the market capitalization of retailers worldwide as
of April 2012, the company was ranked 8th position. It was also ranked 3rd as
per the sales ranking by retailers worldwide. Besides, the company also
obtained various awards for its innovations. In September 2012, the company's
virtual store in Seoul, South Korea was named ‘Business Innovation of the
Year’ at the prestigious World Retail Awards in London. Besides, in June
2012, the company obtained the Green Retailer of the year at the Grocer Gold
awards.
Extensive coverage of various markets would lead to improved
sales, greater profit margins, economies of scale and recognition on a
worldwide basis. Geographical diversity also enables the company to mitigate
various risks associated with over-dependence on a specific market.
Headquartered in the UK, the company has operations in 14 countries including
the UK, China, India, Malaysia, South Korea, Thailand, Hungary, Ireland,
Poland, Czech Republic, Turkey and the US, among others. Tesco globally
operates 6,234 stores with around 520,000 staff. Geographically, the company operates
through four regions (excluding Tesco Bank): the UK, Asia, Europe and the US.
For the fiscal year ended February 2012, the UK region accounted for
approximately 66.54% of the company’s total revenue, followed by Asia with
17%, Europe with 15.48% and the US with 0.99%.
The company reported an improved top line performance in
2012, which could be attributed to its operating efficiency. The company
reported revenues of £64,539m during the fiscal year 2012, reflecting an increase
of 6.76% over the previous year. This was mainly due to the increased revenues
from its geographical operations. The company posted an operating profit of
£3,985m during the fiscal year 2012, indicating an increase of 1.74% over the
previous year. The net profit of the company also increased to £2,806m during
the fiscal year 2012, reflecting an increase of 5.69% over the previous year.
Such improved revenues and profits would enable to expand its business
performance.
Weaknesses
The company’s declined inventory turnover hampers its
profitability and increases its inventory cost. For the fiscal year ended
February 2012, the company reported inventory turnover ratio of 16.48, as
compared to 17.49 in 2011. As of February 2012, the value of the company's
inventory totaled to £3,598m, as compared to £3,162m in 2011. Decline in
inventory turnover reflects that the company would require 22.15 days to sell
its inventory on hand, as compared to 20.87 days in 2011. The increase in days
of inventory on hand indicates the company’s weak sales or ineffective
buying. The declining inventory turnover ratio affects the company‘s
performance and raises its inventory cost such as warehouse and material
handling cost.
Product recalls not only affect the company's current
revenues, but could also affect its long term performance by reducing customer
confidence. In 2012, the company recalled its Finest Belgian Chocolate Salted
Caramel and Hazelnut Ice Cream due to small tubs being incorrectly filled with
the Orange Blossom Honey and Almond variant. Besides, in 2011, the company
recalled its sponge cakes from their Irish stores due to the German Dioxin
scare. These product recalls could also result in significant losses mainly due
to the various costs associated with the recall process, the destruction of
product inventory, and lost sales due to the unavailability of the product for
a period of time.
Opportunities
Positive
Outlook for e-Retailing
Growing Internet penetration, along with the rising
familiarity of online shopping, has transformed the retailing industry. These
days, more and more customers prefer shop online to save the time consumed in
journey and long queues for billing. According to Internet world stats, the
internet users have increased tremendously. The top ten countries with highest
users of internet include China, the US, India, Japan, Brazil, Germany, Russia,
Indonesia, the UK and France. For the period between 2000-11, the internet
usage grew by 2,988.4% in Africa, 789.6% in Asia, 376.4% in Europe, 2,244.8% in
Middle East, 152.6% in North America, 1,205.1% in Latin America and 214 % in
Oceania and Australia. Due to the increasing internet usage global B2C
e-commerce revenue was approximately between $400 billion and $600 billion in
2010, which is expected to grow to $700 billion and $950 billion by 2015.
Online retailing is well supported by new payment methods, timely delivery,
user friendly features, convenience of home shopping, and cost savings. As the
company already has a presence in the e-retailing, it can leverage on the same
to lure more customers and increase its sales.
Strategic initiatives such as expansions helps the company
in enhancing its operations and customer base. In May 2012, the company opened
its first F&F store in Haifa Mall in Jeddah, Saudi Arabia. The store offers
a range of clothing for women, men, kids and baby range. The store supports the
comapny's long-term strategy to grow highly valued international brands. In February
2012, Tesco Homeplus expanded its trial of virtual stores to more than 20 bus
stops in South Korea. The store helps the people to scan the relevant barcode
or QR code with their Homeplus App to order different products and also
organize for home delivery that day. Tesco Homeplus’ Smartphone App, is
required to order or shop at the virtual store. It is the leading shopping App
in Korea, with over 900,000 downloads since it launched in April last year. In
December 2011, as part of its commitment to be a zero carbon business by 2050,
Tesco Lotus opened Asia’s first zero carbon store in Bang Pra, Thailand. The
new store features environmental-friendly technologies, including lower wattage
LED lighting, a wind turbine, hydro-carbon powered fridges and rammed earth
walls which are less carbon intensive to manufacture than steel or concrete.
Growth Plans of the company are a source for the company to
expand its operations in the market and for retail companies the growth plans
are more related to the expansion of the stores and product portfolio so as to
gain competitive advantage. In September 2012, the company acquired Mobcast, a
digital book platform provider, to offer its customers with more choice in how
they buy and enjoy books. The acquisition strengthens the company's digital
entertainment offer, following the purchase of TV streaming service blinkbox
and movie in 2011 and personalised internet radio service WE7. Mobcast offers a
digital book retail platform with a catalogue of over 130,000 of the UK’s
most popular titles. Mobcast also offer a cloud-based service that helps the
customers to build up an eBook library collection without being locked-in to
one single device. In June 2012, the company acquired WE7, a leading digital
music platform. This acquisition will offer customers a wider choice of music
and complement Tesco’s current music offer in store and online. WE7 has an
extensive library of 11 million tracks, WE7 offers the latest releases,
well-known classics and a comprehensive catalogue of all music genres.
Threats
Highly
Regulated Financial Services Business
The financial services business of the company is highly
regulated by Financial Services Authority, England. Tesco Personal Finance
needs to comply with all the rules and regulations of the FSA, and is required
to satisfy certain capital adequacy and liquidity ratios, in order to perform
successful business activities. If the company fails to abide by the policies
laid down by the authority, it could face heavy penalties, or even face the
closure of its financial services business. Its personal finance business also
faces the risk of unexpected losses arising from operational failure, whether
as a result of human error, systems failures, fraud or inadequate controls.
Slow growth in the global economy could impact the
performance of businesses across the world. According to the World Bank, the
global economy, which deteriorated due to ripple effects of the 2008 financial
crisis, is projected to grow just 2.5% in 2012. Sovereign debt crisis in Europe
aggravated the financial troubles. The World Bank lowered its growth forecast
to 1.4% for high-income countries and -0.3% for the high-income Euro Area, in
2012. The GDP growth in East Asia and Pacific region is estimated to slowdown
to 7.8% in 2012 from 8.2% in 2011. In the face of such turbulent global
markets, world trade expanded in 2011 at an estimated 6.6% and is expected to
grow only 4.7% in 2012. In spite of worldwide efforts to reshape regulatory
frameworks and financial systems, many economies continue to be burdened by
private and public debt. Such turbulence in the global markets could impact the
extension of credit, which affects new project plans or delays the time lines
for existing projects, hampering revenue generation opportunities for the
company.
The company’s business could be adversely affected due to
the huge influx of counterfeit products across the globe. Such high penetration
of counterfeit merchandise may lower the sales of the company and adversely
affect its profit margins. Moreover, as the customers end up buying counterfeit
products bearing the look-alike brand labels, the low quality of these
counterfeits affects the consumer confidence and also tarnishes the brand image
of the genuine company. With global annual sales of around $500 billion, the
sales of counterfeit goods are expected to cross $2 trillion in sales by 2026.
Besides, since 1982, the global trade in illegitimate goods has increased from
$5.5 billion to about $600 billion annually. The company is prone to these
challenges and any underperformance of the counterfeit products will have a
major effect on the company’s revenues.
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Corporate Family |
Corporate Structure News: |
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Tesco PLC |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Cheshunt |
United Kingdom |
Retail (Grocery) |
103,170.7 |
519,671 |
|
|
Subsidiary |
Kraków |
Poland |
Retail (Grocery) |
4,161.3 |
28,000 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
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|
|
Subsidiary |
Budaörs |
Hungary |
Retail (Grocery) |
2,980.0 |
21,363 |
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Subsidiary |
Seoul |
Korea, Republic of |
Retail (Grocery) |
7,999.7 |
18,440 |
|
|
Subsidiary |
Ansong |
Korea, Republic of |
Food Processing |
|
184 |
|
|
Subsidiary |
Dun Laoghaire, Co Dublin |
Ireland |
Retail (Grocery) |
4,451.7 |
14,925 |
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Subsidiary |
Praha |
Czech Republic |
Retail (Grocery) |
2,106.1 |
12,853 |
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|
Subsidiary |
Praha 10 |
Czech Republic |
Rental and Leasing |
26.2 |
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Subsidiary |
Bratislava |
Slovakia |
Retail (Grocery) |
1,721.4 |
9,500 |
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Subsidiary |
Cigli |
Turkey |
Retail (Grocery) |
1,201.9 |
9,485 |
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Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Retail (Grocery) |
1,010.9 |
7,000 |
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Subsidiary |
Daejeon |
Korea, Republic of |
Retail (Grocery) |
1,731.5 |
5,758 |
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Subsidiary |
Walsall |
United Kingdom |
Construction Services |
1,059.8 |
4,663 |
|
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
1.7 |
|
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
1.1 |
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Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Walsall |
United Kingdom |
Business Services |
|
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Subsidiary |
Whitley Bay |
United Kingdom |
Retail (Grocery) |
1.6 |
|
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
1.1 |
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Subsidiary |
Walsall |
United Kingdom |
Commercial Banks |
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Subsidiary |
Walsall |
United Kingdom |
Commercial Banks |
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Subsidiary |
Walsall |
United Kingdom |
Personal Services |
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Subsidiary |
Solihull |
United Kingdom |
Personal Services |
18.1 |
226 |
|
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Subsidiary |
Walsall |
United Kingdom |
Commercial Banks |
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
1.1 |
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Subsidiary |
Bognor Regis |
United Kingdom |
Retail (Grocery) |
|
4,076 |
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Subsidiary |
Chippenham |
United Kingdom |
Nonclassifiable Industries |
|
60 |
|
|
Subsidiary |
Newark |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
|
12 |
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Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Walsall |
United Kingdom |
Retail (Specialty) |
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
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Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
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Subsidiary |
Edinburgh |
United Kingdom |
Business Services |
|
2,818 |
|
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Subsidiary |
Edinburgh |
United Kingdom |
Commercial Banks |
|
2,818 |
|
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Subsidiary |
Edinburgh |
United Kingdom |
Commercial Banks |
6.5 |
18 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
1,900 |
|
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Subsidiary |
Boston, MA |
United States |
Business Services |
33.4 |
83 |
|
|
Subsidiary |
Hatfield |
United Kingdom |
Restaurants |
64.6 |
1,012 |
|
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Subsidiary |
Hatfield |
United Kingdom |
Restaurants |
|
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|
Subsidiary |
Hatfield |
United Kingdom |
Restaurants |
|
|
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|
Subsidiary |
Hatfield |
United Kingdom |
Restaurants |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Communications Services |
584.2 |
95 |
|
|
Subsidiary |
Cheshunt |
United Kingdom |
Investment Services |
|
70 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
3.8 |
40 |
|
|
Subsidiary |
El Segundo, CA |
United States |
Retail (Grocery) |
|
20 |
|
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Branch |
Moreno Valley, CA |
United States |
Retail (Grocery) |
16.6 |
60 |
|
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Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
7.9 |
30 |
|
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Branch |
Whittier, CA |
United States |
Retail (Grocery) |
6.9 |
25 |
|
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Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
6.9 |
25 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
6.6 |
25 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
6.6 |
25 |
|
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Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
6.6 |
25 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
6.3 |
24 |
|
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Branch |
Laguna Hills, CA |
United States |
Retail (Grocery) |
6.1 |
22 |
|
|
Branch |
Orange, CA |
United States |
Retail (Grocery) |
6.1 |
22 |
|
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Branch |
Oxnard, CA |
United States |
Retail (Grocery) |
6.1 |
22 |
|
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Branch |
North Las Vegas, NV |
United States |
Retail (Grocery) |
6.0 |
22 |
|
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Branch |
Pico Rivera, CA |
United States |
Retail (Grocery) |
5.8 |
21 |
|
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Branch |
Clovis, CA |
United States |
Retail (Grocery) |
5.8 |
21 |
|
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Branch |
Arcadia, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
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Branch |
Vista, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Escondido, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
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Branch |
Fallbrook, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
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Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Orange, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Lakewood, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Buena Park, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Simi Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Jacinto, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
La Habra, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Palm Desert, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
La Mirada, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Van Nuys, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Spring Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Indio, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Hemet, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Moreno Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Norwalk, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Moorpark, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Galt, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Manhattan Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Alhambra, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Palm Desert, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Rancho Cucamonga, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Indio, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Stockton, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Westminster, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Long Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Azusa, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Riverside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Fairfield, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Rialto, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Harbor City, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sacramento, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Wasco, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Jose, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Bakersfield, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Walnut, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Newbury Park, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Oak Park, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Folsom, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Upland, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Corona, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Fontana, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Yucaipa, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sacramento, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Murrieta, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Pasadena, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Concord, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Glendora, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
West Covina, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Bakersfield, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Long Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
March Arb, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Bernardino, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Trabuco Canyon, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Gold River, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Moreno Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Moreno Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sacramento, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Cathedral City, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Hayward, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Temecula, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Danville, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Riverside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Vacaville, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Riverside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Vacaville, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Cypress, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Lakeside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Northridge, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Fresno, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Loma Linda, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Downey, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Clovis, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Coachella, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Fresno, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Oceanside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Signal Hill, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sylmar, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Rosemead, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
El Cajon, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Lake Forest, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Dimas, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Ventura, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Burbank, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Rancho Cucamonga, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Francisco, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Long Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Oceanside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Huntington Park, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Bernardino, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
La Quinta, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Ventura, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Camarillo, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Murrieta, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Pacifica, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Jose, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Carmichael, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Walnut Creek, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Reedley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Bakersfield, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
North Hollywood, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Pleasanton, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Duarte, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sunnyvale, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Oceanside, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Francisco, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Hermosa Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Brentwood, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Lincoln, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Granada Hills, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Luis Obispo, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Santee, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Laguna Niguel, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Pedro, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Elk Grove, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Mountain View, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Costa Mesa, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Costa Mesa, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Folsom, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sacramento, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Palos Vrds Ests, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Torrance, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Garden Grove, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Seal Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Long Beach, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
San Jose, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sacramento, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Hayward, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Antioch, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Anaheim, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Simi Valley, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Encino, CA |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Sparks, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
5.5 |
20 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Scottsdale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Chandler, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Scottsdale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Tempe, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Queen Creek, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Peoria, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
El Mirage, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Avondale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Glendale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Cave Creek, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Avondale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Avondale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Chandler, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Peoria, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Chandler, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Glendale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
El Mirage, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Chandler, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Glendale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Buckeye, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Scottsdale, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
5.3 |
20 |
|
|
Branch |
West Covina, CA |
United States |
Retail (Grocery) |
5.3 |
19 |
|
|
Branch |
Covina, CA |
United States |
Retail (Grocery) |
5.3 |
19 |
|
|
Branch |
Bakersfield, CA |
United States |
Retail (Grocery) |
5.3 |
19 |
|
|
Branch |
Lompoc, CA |
United States |
Retail (Grocery) |
5.3 |
19 |
|
|
Branch |
Compton, CA |
United States |
Retail (Grocery) |
5.0 |
18 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
4.7 |
18 |
|
|
Branch |
Chandler, AZ |
United States |
Retail (Grocery) |
4.7 |
18 |
|
|
Branch |
Fullerton, CA |
United States |
Retail (Grocery) |
4.7 |
17 |
|
|
Branch |
Upland, CA |
United States |
Retail (Grocery) |
4.7 |
17 |
|
|
Branch |
Bakersfield, CA |
United States |
Retail (Grocery) |
4.7 |
17 |
|
|
Branch |
Burbank, CA |
United States |
Retail (Grocery) |
4.7 |
17 |
|
|
Branch |
North Las Vegas, NV |
United States |
Retail (Grocery) |
4.7 |
17 |
|
|
Branch |
Phoenix, AZ |
United States |
Retail (Grocery) |
4.5 |
17 |
|
|
Branch |
Lakewood, CA |
United States |
Retail (Grocery) |
4.4 |
16 |
|
|
Branch |
Oxnard, CA |
United States |
Retail (Grocery) |
4.4 |
16 |
|
|
Branch |
Santa Maria, CA |
United States |
Retail (Grocery) |
4.4 |
16 |
|
|
Branch |
San Diego, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Fountain Valley, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Hesperia, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Paramount, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Riverside, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Delano, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Calimesa, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
La Quinta, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Palm Springs, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
4.1 |
15 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
4.1 |
15 |
|
|
Branch |
Henderson, NV |
United States |
Retail (Grocery) |
4.1 |
15 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
4.1 |
15 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
4.0 |
15 |
|
|
Branch |
Huntington Beach, CA |
United States |
Retail (Grocery) |
3.9 |
14 |
|
|
Branch |
Ontario, CA |
United States |
Retail (Grocery) |
3.9 |
14 |
|
|
Branch |
Las Vegas, NV |
United States |
Retail (Grocery) |
3.8 |
14 |
|
|
Branch |
Gilbert, AZ |
United States |
Retail (Grocery) |
3.7 |
14 |
|
|
Branch |
Chula Vista, CA |
United States |
Retail (Grocery) |
3.6 |
13 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
3.2 |
12 |
|
|
Branch |
North Las Vegas, NV |
United States |
Retail (Grocery) |
2.7 |
10 |
|
|
Branch |
Mesa, AZ |
United States |
Retail (Grocery) |
2.6 |
10 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
3 |
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
53.4 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
53.4 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
14.2 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
13.3 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
6.2 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
5.8 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
5.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
2.5 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
2.2 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
2.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
1.9 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Personal Services |
48.9 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
24.3 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
18.6 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
10.7 |
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
7.9 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
14.4 |
|
|
|
Subsidiary |
Milton Keynes |
United Kingdom |
Construction Services |
5.3 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
2.5 |
|
|
|
Subsidiary |
|
United Kingdom |
Retail (Catalog and Mail Order) |
0.5 |
|
|
|
Tesco Nemzetkozi Egyuttmukodesi Es Tanacsado Korlatolt
Felelossegu Tarsasag |
Subsidiary |
Budapest |
Hungary |
Business Services |
0.4 |
|
|
Subsidiary |
Cheshunt, EN |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Cheshunt |
United Kingdom |
Retail (Grocery) |
67,109.9 |
264,887 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
23.9 |
155 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
4 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
1.1 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Personal Services |
0.3 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Miscellaneous Capital Goods |
0.1 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
0.0 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Drugs) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Dundee |
United Kingdom |
Real Estate Operations |
|
|
|
|
Subsidiary |
Newcastle Upon Tyne |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Glasgow |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Caernarfon |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Lasswade |
United Kingdom |
Business Services |
218.0 |
2,898 |
|
|
Subsidiary |
Lasswade |
United Kingdom |
Business Services |
0.7 |
52 |
|
|
Subsidiary |
Reading |
United Kingdom |
Business Services |
|
50 |
|
|
Subsidiary |
Lasswade |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Reading |
United Kingdom |
Crops |
|
|
|
|
Subsidiary |
Lasswade |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
47.3 |
2,016 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Personal Services |
224.3 |
1,125 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
150.5 |
1,000 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Real Estate Operations |
0.6 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Edinburgh |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
234.7 |
651 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
90 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
9.6 |
31 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
146.7 |
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Oxford |
United Kingdom |
Printing and Publishing |
1.3 |
44 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
310.1 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Personal Services |
299.2 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
36.3 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
0.0 |
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
0.0 |
|
|
|
Unit |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
0.0 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Peristeri |
Greece |
Footwear |
104.0 |
551 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Walsall |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Food Processing |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Retail (Grocery) |
1.4 |
50 |
|
|
Subsidiary |
Amsterdam Zuidoost, North Holland |
Netherlands |
Consumer Financial Services |
|
|
|
|
Subsidiary |
Coquelles |
France |
Retail (Specialty) |
|
100 |
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Retail (Grocery) |
695.4 |
|
|
|
Subsidiary |
Praha 10 |
Czech Republic |
Engineering Consultants |
15.3 |
|
|
|
Subsidiary |
Praha 10 |
Czech Republic |
Real Estate Operations |
0.9 |
|
|
|
Subsidiary |
Praha 10 |
Czech Republic |
Retail (Grocery) |
47.8 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Tesco Stores (Thailand) Limited |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Auto and Truck Parts |
3,562.9 |
|
|
|
Subsidiary |
Pathum Wan, Bangkok |
Thailand |
Investment Services |
3.5 |
120 |
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Catalog and Mail Order) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Quarry Bay |
Hong Kong |
Retail (Apparel) |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Newtownabbey |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Newtownabbey |
United Kingdom |
Retail (Grocery) |
|
|
|
|
Subsidiary |
Newtownabbey |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Worcester |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Computer Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
|
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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|
Subsidiary |
Waltham Cross |
United Kingdom |
Business Services |
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Joint Venture |
Glasgow |
United Kingdom |
Consumer Financial Services |
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Directors
and Shareholders Report
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
01 Apr 1958 |
Tesco House Delamare Road, |
01 Mar 2012 |
NA |
Current:3 |
|
|
|
Current |
25 May 1956 |
Tesco House Delamare Road, |
02 Jul 2010 |
NA |
Current:3 |
|
|
|
Current |
08 Mar 1960 |
Tesco House Delamare Road, |
16 Nov 1998 |
NA |
Current:4 |
|
|
|
Current |
NA |
Tesco House Delamare Road, |
01 Jan 2009 |
NA |
Current:1 |
|
|
|
Current |
05 Jun 1962 |
Tesco House Delamare Road, |
27 Jan 2009 |
NA |
Current:9 |
|
|
|
Current |
NA |
Tesco House Delamare Road, |
01 Feb 2009 |
NA |
Current:1 |
|
|
|
Current |
22 Apr 1953 |
1 Churchill Place, |
02 Jul 2011 |
NA |
Current:2 |
|
|
|
Current |
20 Nov 1953 |
Tesco House Delamare Road, |
02 Jul 2010 |
NA |
Current:4 |
|
|
|
Current |
23 Apr 1953 |
Bridge House Addlestone Road, |
01 Apr 2009 |
NA |
Current:7 |
|
|
|
Previous |
12 Aug 1953 |
New Tesco House, Delamare Road, |
01 Oct 2004 |
23 Feb 2013 |
Current:0 |
|
|
|
Previous |
03 Nov 1944 |
80 Strand, |
23 Feb 2004 |
23 Feb 2013 |
Current:2 |
|
|
|
Previous |
21 Mar 1934 |
40 Avenue Des Faisans, 1950 Kraainem, |
01 Apr 1999 |
02 Jul 2010 |
Current:0 |
|
|
|
Previous |
02 Jan 1953 |
Tesco House Delamare Road, |
14 Dec 2006 |
02 Jan 2013 |
Current:6 |
|
|
|
Previous |
05 Feb 1947 |
New Tesco House, Delamare Road, |
02 Apr 2004 |
30 Nov 2011 |
Current:3 |
|
|
|
Previous |
21 Nov 1952 |
1 Drayton Gardens, |
07 Jul 2003 |
31 Oct 2008 |
Current:0 |
|
|
|
Previous |
27 Dec 1933 |
Chestnut Tree Farm, |
07 Jun 1991 |
NA |
Current:0 |
|
|
|
Previous |
09 Dec 1933 |
Northdowns The Street, Boxley, |
07 Jun 1991 |
NA |
Current:0 |
|
|
|
Previous |
13 Sep 1961 |
New Tesco House, Delamare Road, |
01 Mar 2005 |
10 Apr 2008 |
Current:7 |
|
|
|
Previous |
30 Nov 1939 |
Holborn Farm House, Therfield, |
NA |
21 Feb 1997 |
Current:0 |
|
|
|
Previous |
02 Mar 1935 |
Flat 4 15/17 West Eaton Place, |
NA |
07 Jun 1996 |
Current:2 |
|
|
|
Previous |
12 May 1943 |
4 Eaton Terrace, |
01 Jul 2002 |
02 Jul 2010 |
Current:0 |
|
|
|
Previous |
03 Feb 1938 |
121 Shakespeare Tower, Barbican, |
NA |
15 Jun 2000 |
Current:0 |
|
|
|
Previous |
16 Jul 1944 |
New Look Mercery Road, |
07 Jun 1991 |
27 Feb 2004 |
Current:4 |
|
|
|
Previous |
18 Mar 1957 |
Tesco House, Delamare Road, |
16 Nov 1998 |
07 Dec 2011 |
Current:16 |
|
|
|
Previous |
16 Oct 1937 |
4 Berkeley Gardens, Claygate, |
15 Apr 1996 |
14 Jun 2002 |
Current:0 |
|
|
|
Previous |
07 Apr 1949 |
C/O Inspicio Plc, 20 Blackfriars, |
NA |
30 Apr 1999 |
Current:0 |
|
|
|
Previous |
10 Jul 1957 |
New Tesco House, Delamare Road, |
17 Nov 1997 |
01 Sep 2012 |
Current:1 |
|
|
|
Previous |
16 May 1961 |
Tesco House Delamare Road, |
15 Mar 2004 |
15 Mar 2012 |
Current:0 |
|
|
|
Previous |
04 Nov 1957 |
70 Woodsford Square, |
19 Feb 1999 |
02 Jul 2010 |
Current:0 |
|
|
|
Previous |
22 Oct 1949 |
79 Beckwith Road, |
01 Mar 1993 |
23 May 2005 |
Current:5 |
|
|
|
Previous |
28 Feb 1956 |
Tesco House Delamare Road, |
05 Oct 1992 |
02 Mar 2011 |
Current:1 |
|
|
|
Previous |
02 Dec 1948 |
University Of Essex Wivenhoe Park, |
NA |
11 Jun 1998 |
Current:4 |
|
|
|
Previous |
12 Sep 1958 |
7 Rue De La Chaise, |
18 Sep 2000 |
28 Feb 2005 |
Current:0 |
|
|
|
Previous |
01 Jul 1945 |
John Coletta & Co Chartered, Secretaries 142
Northampton Road, |
05 Oct 1992 |
27 Feb 2004 |
Current:5 |
|
|
|
Previous |
23 Jul 1957 |
New Tesco House, Delamare Road, |
06 Feb 1995 |
06 Dec 2012 |
Current:0 |
|
|
|
Previous |
22 Jun 1936 |
Tesco House, Delamare Road, |
07 Jun 1991 |
02 Apr 2004 |
Current:0 |
|
|
|
Previous |
30 Mar 1937 |
Upton Lodge Upton, |
NA |
06 Jun 1997 |
Current:3 |
|
|
|
Previous |
07 May 1938 |
15 Lord North Street, Westminster, |
07 Jun 1991 |
NA |
Current:2 |
|
|
|
Previous |
08 Feb 1940 |
40 Portman Square, |
NA |
15 Jun 2000 |
Current:2 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
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|
|
|
|
|
|
Corporate Directors |
|
|
|
There are no corporate directors for this company. |
|
|
|
Individual Secretaries |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
14 May 1966 |
Tesco House, Delamare Road, |
14 Dec 2006 |
NA |
Current:211 |
|
|
|
Previous |
14 May 1966 |
Tesco House Delamare Road, |
18 Jul 2005 |
14 Dec 2006 |
Current:0 |
|
|
|
Previous |
02 Jan 1953 |
Tesco House Delamare Road, |
15 Mar 2004 |
14 Dec 2006 |
Current:6 |
|
|
|
Previous |
01 Jul 1945 |
John Coletta & Co Chartered, Secretaries 142
Northampton Road, |
07 Jun 1991 |
15 Mar 2004 |
Current:5 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Secretaries |
|
|
|
There are no corporate secretaries for this company. |
|
|
|
|
|
Annual Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Turnover (UK) |
67,536.8 |
61,961.4 |
61,070.8 |
66,369.1 |
69,807.3 |
|
Turnover (Exports) |
35,633.9 |
32,149.9 |
29,067.1 |
28,041.5 |
24,869.1 |
|
Total Turnover |
103,170.7 |
94,111.4 |
90,137.9 |
94,410.5 |
94,676.4 |
|
Cost of Sales |
94,760.6 |
86,295.9 |
82,841.0 |
87,080.4 |
87,410.2 |
|
Gross Profit |
8,410.1 |
7,815.5 |
7,296.9 |
7,330.1 |
7,266.2 |
|
Depreciation |
2,022.2 |
1,844.2 |
1,728.0 |
1,756.9 |
1,721.5 |
|
Other Expenses |
2,640.9 |
1,929.2 |
2,418.6 |
2,168.8 |
2,055.7 |
|
Operating Profit |
- |
5,886.3 |
- |
- |
- |
|
Other Income |
1,027.9 |
319.7 |
472.0 |
656.9 |
524.4 |
|
Interest Paid |
666.6 |
746.0 |
917.1 |
1,094.8 |
500.4 |
|
Exceptional Income |
0.0 |
0.0 |
597.1 |
410.1 |
376.3 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
6,130.6 |
5,460.0 |
5,030.4 |
5,133.5 |
5,610.8 |
|
Tax Payable / Credit |
1,405.2 |
1,334.5 |
1,330.4 |
1,369.4 |
1,347.1 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
1,891.1 |
1,669.7 |
1,536.4 |
1,534.5 |
1,589.4 |
|
Profit After Taxes |
2,834.3 |
2,455.8 |
2,163.6 |
2,229.6 |
2,674.3 |
|
Audit Fees |
73.5 |
0.9 |
1.0 |
1.0 |
1.2 |
|
Non Audit Fees |
40.0 |
15.0 |
7.4 |
10.3 |
8.8 |
|
Number of Employees |
519,671 |
492,714 |
472,094 |
468,508 |
444,127 |
|
Wages |
9,142.3 |
8,444.1 |
8,009.6 |
8,179.9 |
8,499.2 |
|
Social Security Costs |
756.1 |
725.9 |
689.0 |
712.5 |
698.6 |
|
Pensions |
- |
1.4 |
0.5 |
5.0 |
4.9 |
|
Other Pension Costs |
1,063.1 |
1,283.5 |
1,113.5 |
1,183.5 |
1,397.2 |
|
Employees Remuneration |
10,961.5 |
10,453.6 |
9,812.1 |
10,075.9 |
10,595.0 |
|
Directors Emoluments |
11.4 |
13.0 |
12.9 |
12.4 |
13.6 |
|
Other Costs |
3.6 |
19.2 |
26.2 |
26.2 |
32.6 |
|
Directors Remuneration |
15.0 |
33.6 |
39.6 |
43.6 |
51.2 |
|
Highest Paid Director |
2.6 |
6.5 |
8.3 |
10.2 |
12.4 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate |
0.636971 |
0.6222 |
0.656858 |
0.701582 |
0.508427 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Total Tangible Fixed Assets |
40,362.9 |
39,212.5 |
36,846.6 |
32,999.7 |
38,918.1 |
|
Intangible Assets |
7,249.9 |
6,972.0 |
6,359.1 |
5,739.9 |
4,594.6 |
|
Investments |
11,915.8 |
10,609.1 |
8,948.7 |
6,883.0 |
3,424.3 |
|
Total Fixed Assets |
59,528.6 |
56,793.6 |
52,154.4 |
45,622.6 |
46,936.9 |
|
Stocks |
5,648.6 |
5,082.0 |
4,154.6 |
3,804.3 |
4,779.4 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
5,648.6 |
5,082.0 |
4,154.6 |
3,804.3 |
4,779.4 |
|
Inter-Company Debtors |
610.7 |
847.0 |
479.6 |
3,127.2 |
417.0 |
|
Director Loans |
- |
- |
- |
0.0 |
0.0 |
|
Other Debtors |
7,488.6 |
7,561.9 |
6,066.8 |
5,748.4 |
2,161.6 |
|
Total Debtors |
8,099.3 |
8,408.9 |
6,546.3 |
8,875.7 |
2,578.5 |
|
Cash and Equivalents |
3,618.7 |
3,005.5 |
4,291.6 |
5,001.6 |
3,516.7 |
|
Other Current Assets |
2,827.4 |
2,579.6 |
2,918.4 |
2,337.6 |
1,516.4 |
|
Total Current Assets |
20,194.0 |
19,075.9 |
17,911.0 |
20,019.0 |
12,391.2 |
|
Total Assets |
79,722.6 |
75,869.5 |
70,065.4 |
65,641.6 |
59,328.1 |
|
Trade Creditors |
9,374.0 |
9,292.8 |
7,739.9 |
6,767.6 |
7,741.5 |
|
Bank Overdraft |
626.4 |
702.3 |
875.4 |
4,330.2 |
2,867.7 |
|
Inter-Company Creditors |
659.4 |
48.2 |
99.0 |
259.4 |
247.8 |
|
Director Loans (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Finance Lease (Current Liability) |
50.2 |
80.4 |
68.5 |
67.0 |
100.3 |
|
Total Finance Lease/Hire Purchase (Current Liability) |
50.2 |
80.4 |
68.5 |
67.0 |
100.3 |
|
Total Short Term Loans |
10,763.4 |
487.0 |
1,348.8 |
1,394.0 |
1,111.3 |
|
Accruals/Deferred Income (Current Liability) |
2,741.1 |
3,069.8 |
2,763.2 |
1,844.4 |
2,334.7 |
|
Social Security/VAT |
725.3 |
826.1 |
741.4 |
476.1 |
637.3 |
|
Corporation Tax |
653.1 |
694.3 |
718.6 |
516.0 |
894.9 |
|
Other Current Liabilities |
4,626.6 |
13,296.4 |
10,026.5 |
10,058.7 |
4,250.4 |
|
Total Current Liabilities |
30,219.6 |
28,497.3 |
24,381.2 |
25,713.3 |
20,185.8 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
210.4 |
237.9 |
249.7 |
279.4 |
422.9 |
|
Total Hire Purchase Loans (Long Term Liability) |
210.4 |
237.9 |
249.7 |
279.4 |
422.9 |
|
Other Long Term Loans |
15,349.2 |
15,334.3 |
17,629.4 |
17,382.1 |
11,323.2 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
- |
- |
|
Other Long Term Liabilities |
1,080.1 |
964.3 |
1,181.4 |
527.4 |
715.9 |
|
Total Long Term Liabilities |
16,639.7 |
16,536.5 |
19,060.4 |
18,188.9 |
12,462.0 |
|
Deferred Taxation |
1,821.1 |
1,758.3 |
1,210.3 |
992.0 |
45.2 |
|
Other Provisions |
3,095.9 |
2,361.0 |
3,063.1 |
2,225.0 |
3,225.6 |
|
Total Provisions |
4,917.0 |
4,119.3 |
4,273.4 |
3,217.0 |
3,270.9 |
|
Issued Capital |
631.1 |
646.1 |
607.4 |
563.0 |
773.0 |
|
Share Premium Accounts |
7,793.1 |
7,868.9 |
7,309.0 |
6,610.8 |
8,872.5 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
19,418.5 |
17,995.8 |
14,243.6 |
11,210.4 |
13,514.2 |
|
Other Reserves |
62.8 |
64.3 |
60.9 |
57.0 |
78.7 |
|
Minority Interests (Balance Sheet) |
-40.8 |
-141.4 |
-129.4 |
-81.2 |
-171.1 |
|
Total Shareholders Funds |
27,905.5 |
26,575.1 |
22,221.0 |
18,441.2 |
23,238.3 |
|
Net Worth |
20,655.6 |
19,603.0 |
15,861.9 |
12,701.3 |
18,643.8 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
|
|
Annual Ratios |
|
Financials in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate |
0.636971 |
0.6222 |
0.656858 |
0.701582 |
0.508427 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Current Ratio |
0.67 |
0.67 |
0.73 |
0.78 |
0.61 |
|
Liquidity Ratio |
0.48 |
0.49 |
0.56 |
0.63 |
0.38 |
|
Stock Turnover |
17.94 |
19.27 |
20.85 |
19.97 |
19.46 |
|
Working Capital by Sales |
-9.89% |
-9.62% |
-7.47% |
-7.50% |
-8.38% |
|
Return on Capital |
12.16% |
11.99% |
10.58% |
10.35% |
14.08% |
|
Return on Assets |
7.55% |
7.49% |
6.90% |
6.29% |
9.29% |
|
Profit Margin |
5.94% |
5.80% |
5.58% |
5.44% |
5.93% |
|
Return on Shareholders Funds |
21.58% |
21.38% |
21.76% |
22.40% |
23.72% |
|
Borrowing Ratio |
133.91% |
86.16% |
127.80% |
186.69% |
86.21% |
|
Equity Gearing |
35.00% |
35.03% |
31.71% |
28.09% |
39.17% |
|
Debt Gearing |
75.33% |
79.44% |
112.72% |
139.05% |
63.00% |
|
Interest Coverage |
9.20 |
7.32 |
5.49 |
4.69 |
11.21 |
|
Sales by Tangible Assets |
2.51 |
2.50 |
2.35 |
2.30 |
2.39 |
|
Average Remuneration per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit per Employee |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Sales per Employee |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Capital Employed per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Tangible Assets per Employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Total Assets per Employee |
0.2 |
0.2 |
0.1 |
0.1 |
0.1 |
|
Employee Remuneration by Sales |
10.62% |
11.11% |
10.89% |
10.67% |
11.19% |
|
Creditor Days (Cost of Sales Based) |
36.77 |
37.77 |
35.48 |
35.25 |
32.90 |
|
Creditor Days (Sales Based) |
33.77 |
34.64 |
32.61 |
32.52 |
30.37 |
Annual Income Statement
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per share items
(actual units) |
|
|
|
|
|
|
|
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52 Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
UpdateType/Date |
Updated
Normal |
Restated
Normal |
Updated
Normal |
Restated
Normal |
Updated
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
103,170.7 |
93,376.2 |
90,137.9 |
93,665.0 |
94,676.4 |
|
Revenue |
103,170.7 |
93,376.2 |
90,137.9 |
93,665.0 |
94,676.4 |
|
Total Revenue |
103,170.7 |
93,376.2 |
90,137.9 |
93,665.0 |
94,676.4 |
|
|
|
|
|
|
|
|
Cost of Revenue |
94,760.6 |
85,460.3 |
82,841.0 |
86,392.2 |
87,410.2 |
|
Cost of Revenue, Total |
94,760.6 |
85,460.3 |
82,841.0 |
86,392.2 |
87,410.2 |
|
Gross Profit |
8,410.1 |
7,915.9 |
7,296.9 |
7,272.8 |
7,266.2 |
|
|
|
|
|
|
|
|
Selling/General/Administrative
Expense |
2,640.9 |
2,533.1 |
2,418.6 |
2,175.8 |
2,055.7 |
|
Total Selling/General/Administrative Expenses |
2,640.9 |
2,533.1 |
2,418.6 |
2,175.8 |
2,055.7 |
|
Loss (Gain) on Sale of Assets -
Operating |
-601.1 |
-667.2 |
-597.1 |
-410.1 |
-376.3 |
|
Other Unusual Expense (Income) |
- |
- |
- |
- |
0.0 |
|
Unusual Expense (Income) |
-601.1 |
-667.2 |
-597.1 |
-410.1 |
-376.3 |
|
Total Operating Expense |
96,800.3 |
87,326.1 |
84,662.5 |
88,157.9 |
89,089.7 |
|
|
|
|
|
|
|
|
Operating Income |
6,370.3 |
6,050.0 |
5,475.4 |
5,507.2 |
5,586.7 |
|
|
|
|
|
|
|
|
Interest
Expense - Non-Operating |
-890.4 |
-945.3 |
-1,086.5 |
-959.3 |
-706.6 |
|
Interest
Capitalized - Non-Operating |
223.8 |
227.0 |
245.5 |
264.1 |
206.2 |
|
Interest Expense, Net
Non-Operating |
-666.6 |
-718.2 |
-841.0 |
-695.1 |
-500.4 |
|
Interest Income
- Non-Operating |
182.2 |
202.3 |
180.6 |
158.1 |
276.2 |
|
Investment
Income - Non-Operating |
215.8 |
117.4 |
291.4 |
55.6 |
248.2 |
|
Interest/Investment Income -
Non-Operating |
398.0 |
319.7 |
472.0 |
213.8 |
524.4 |
|
Interest Income (Expense) - Net
Non-Operating |
0.0 |
-27.8 |
-76.0 |
43.4 |
- |
|
Interest Income (Expense) - Net Non-Operating Total |
-268.6 |
-426.3 |
-445.1 |
-437.9 |
24.0 |
|
Other Non-Operating Income
(Expense) |
28.8 |
0.0 |
- |
- |
- |
|
Other, Net |
28.8 |
0.0 |
- |
- |
- |
|
Income Before Tax |
6,130.6 |
5,623.7 |
5,030.4 |
5,069.2 |
5,610.8 |
|
|
|
|
|
|
|
|
Total Income Tax |
1,405.2 |
1,334.5 |
1,330.4 |
1,353.8 |
1,347.1 |
|
Income After Tax |
4,725.4 |
4,289.2 |
3,699.9 |
3,715.5 |
4,263.6 |
|
|
|
|
|
|
|
|
Minority Interest |
-12.8 |
-24.7 |
-14.3 |
-8.7 |
-12.0 |
|
Net Income Before Extraord Items |
4,712.6 |
4,264.5 |
3,685.7 |
3,706.8 |
4,251.6 |
|
Discontinued Operations |
-227.0 |
-163.7 |
- |
- |
0.0 |
|
Total Extraord Items |
-227.0 |
-163.7 |
- |
- |
0.0 |
|
Net Income |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
4,712.6 |
4,264.5 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
8,021.0 |
8,020.0 |
7,933.0 |
7,859.0 |
7,881.0 |
|
Basic EPS Excl Extraord Items |
0.59 |
0.53 |
0.46 |
0.47 |
0.54 |
|
Basic/Primary EPS Incl Extraord Items |
0.56 |
0.51 |
0.46 |
0.47 |
0.54 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
Diluted Weighted Average Shares |
8,045.0 |
8,061.0 |
7,972.0 |
7,912.0 |
7,983.0 |
|
Diluted EPS Excl Extraord Items |
0.59 |
0.53 |
0.46 |
0.47 |
0.53 |
|
Diluted EPS Incl Extraord Items |
0.56 |
0.51 |
0.46 |
0.47 |
0.53 |
|
Dividends per Share - Common Stock Primary Issue |
0.24 |
0.22 |
0.21 |
0.21 |
0.22 |
|
Gross Dividends - Common Stock |
1,892.7 |
1,794.8 |
1,644.1 |
1,637.0 |
1,711.5 |
|
Interest Expense, Supplemental |
666.6 |
718.2 |
841.0 |
695.1 |
500.4 |
|
Interest Capitalized, Supplemental |
-223.8 |
-227.0 |
-245.5 |
-264.1 |
-206.2 |
|
Depreciation, Supplemental |
2,084.5 |
1,892.1 |
1,753.3 |
1,800.4 |
1,721.5 |
|
Total Special Items |
-417.2 |
-571.5 |
-297.8 |
-448.4 |
-376.3 |
|
Normalized Income Before Tax |
5,713.3 |
5,052.2 |
4,732.6 |
4,620.9 |
5,234.4 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-95.6 |
-135.6 |
-78.8 |
-119.7 |
-90.4 |
|
Inc Tax Ex Impact of Sp Items |
1,309.5 |
1,198.9 |
1,251.7 |
1,234.0 |
1,256.8 |
|
Normalized Income After Tax |
4,403.8 |
3,853.4 |
3,480.9 |
3,386.8 |
3,977.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
4,391.0 |
3,828.6 |
3,466.6 |
3,378.1 |
3,965.6 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.55 |
0.48 |
0.44 |
0.43 |
0.50 |
|
Diluted Normalized EPS |
0.55 |
0.47 |
0.43 |
0.43 |
0.50 |
|
Amort of Intangibles, Supplemental |
310.1 |
301.2 |
438.7 |
265.9 |
232.2 |
|
Rental Expenses |
1,993.4 |
1,595.5 |
1,468.2 |
1,282.5 |
1,040.9 |
|
Normalized EBIT |
5,953.1 |
5,478.5 |
5,177.7 |
5,058.8 |
5,210.4 |
|
Normalized EBITDA |
8,347.8 |
7,671.8 |
7,369.7 |
7,125.1 |
7,164.1 |
|
Current Tax - Domestic |
925.6 |
1,071.9 |
896.5 |
1,169.6 |
1,707.5 |
|
Current Tax - Foreign |
313.3 |
279.6 |
202.7 |
152.9 |
156.1 |
|
Current Tax - Other |
-67.1 |
-176.1 |
-144.1 |
-285.0 |
-668.6 |
|
Current Tax - Total |
1,171.8 |
1,175.4 |
955.1 |
1,037.5 |
1,195.0 |
|
Deferred Tax - Other |
233.4 |
159.1 |
375.4 |
316.3 |
152.1 |
|
Deferred Tax - Total |
233.4 |
159.1 |
375.4 |
316.3 |
152.1 |
|
Income Tax - Total |
1,405.2 |
1,334.5 |
1,330.4 |
1,353.8 |
1,347.1 |
|
Interest Cost - Domestic |
645.8 |
588.5 |
495.8 |
543.9 |
508.4 |
|
Service Cost - Domestic |
791.3 |
770.7 |
619.3 |
743.8 |
922.8 |
|
Prior Service Cost - Domestic |
-4.8 |
44.8 |
0.0 |
- |
0.0 |
|
Expected Return on Assets - Domestic |
-674.6 |
-560.7 |
-419.7 |
-587.4 |
-602.5 |
|
Domestic Pension Plan Expense |
757.7 |
843.3 |
695.3 |
700.3 |
828.7 |
|
Other Post-Retirement, Net |
1.6 |
1.5 |
0.8 |
0.9 |
1.2 |
|
Post-Retirement Plan Expense |
1.6 |
1.5 |
0.8 |
0.9 |
1.2 |
|
Defined Contribution Expense - Domestic |
32.0 |
21.6 |
19.0 |
19.1 |
16.0 |
|
Total Pension Expense |
791.3 |
866.5 |
715.1 |
720.3 |
845.9 |
|
Discount Rate - Post-Retirement |
- |
- |
- |
- |
5.00% |
|
Compensation Rate - Domestic |
3.20% |
3.60% |
3.60% |
3.70% |
5.00% |
|
Compensation Rate - Post-Retirement |
- |
- |
- |
- |
5.00% |
|
Total Plan Interest Cost |
645.8 |
588.5 |
495.8 |
543.9 |
508.4 |
|
Total Plan Service Cost |
791.3 |
770.7 |
619.3 |
743.8 |
922.8 |
|
Total Plan Expected Return |
-674.6 |
-560.7 |
-419.7 |
-587.4 |
-602.5 |
|
Total Plan Other Expense |
1.6 |
1.5 |
0.8 |
0.9 |
1.2 |
|
|
|
Annual Balance Sheet |
|
Financials
in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
UpdateType/Date |
Updated
Normal |
Reclassified
Normal |
Updated
Normal |
Restated
Normal |
Reclassified
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate |
0.636971 |
0.6222 |
0.656858 |
0.701582 |
0.508427 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash |
3,132.0 |
2,843.1 |
3,139.2 |
3,010.3 |
- |
|
Cash & Equivalents |
- |
- |
- |
- |
3,516.7 |
|
Short Term Investments |
2,292.1 |
2,052.4 |
3,152.9 |
3,748.7 |
708.1 |
|
Cash and Short Term Investments |
5,424.1 |
4,895.5 |
6,292.1 |
6,759.0 |
4,224.8 |
|
Trade Accounts Receivable - Net |
610.7 |
847.0 |
479.6 |
393.4 |
2,578.5 |
|
Notes Receivable - Short Term |
4,074.0 |
4,689.8 |
3,672.0 |
4,930.3 |
0.0 |
|
Other Receivables |
2,901.2 |
2,275.8 |
1,881.7 |
1,603.5 |
- |
|
Total Receivables, Net |
7,585.9 |
7,812.6 |
6,033.3 |
6,927.2 |
2,578.5 |
|
Inventories - Finished Goods |
5,552.8 |
5,049.8 |
4,150.1 |
3,785.7 |
- |
|
Inventories - Other |
95.8 |
32.1 |
4.6 |
18.5 |
- |
|
Total Inventory |
5,648.6 |
5,082.0 |
4,154.6 |
3,804.3 |
4,779.4 |
|
Prepaid Expenses |
659.4 |
622.0 |
513.0 |
597.2 |
- |
|
Other Current Assets |
75.4 |
244.3 |
350.2 |
557.3 |
202.6 |
|
Other Current Assets, Total |
75.4 |
244.3 |
350.2 |
557.3 |
202.6 |
|
Total Current Assets |
19,393.3 |
18,656.4 |
17,343.2 |
18,645.0 |
11,785.4 |
|
|
|
|
|
|
|
|
Land/Improvements |
38,873.0 |
37,735.4 |
35,601.3 |
31,855.1 |
37,783.2 |
|
Machinery/Equipment |
15,716.6 |
14,611.1 |
12,785.1 |
10,683.0 |
12,469.8 |
|
Other
Property/Plant/Equipment |
3,537.1 |
3,362.3 |
2,921.5 |
2,366.1 |
- |
|
Property/Plant/Equipment - Gross |
58,126.6 |
55,708.8 |
51,307.9 |
44,904.2 |
50,253.0 |
|
Accumulated Depreciation |
-14,638.0 |
-13,502.1 |
-11,826.0 |
-9,710.9 |
-11,335.0 |
|
Property/Plant/Equipment - Net |
43,488.6 |
42,206.7 |
39,481.9 |
35,193.3 |
41,105.2 |
|
Goodwill - Gross |
- |
- |
- |
4,749.3 |
3,790.1 |
|
Accumulated Goodwill Amortization |
- |
- |
- |
-139.7 |
-192.8 |
|
Goodwill, Net |
5,414.7 |
5,329.5 |
5,080.2 |
4,609.6 |
3,597.4 |
|
Intangibles - Gross |
3,967.2 |
3,543.9 |
2,795.1 |
2,148.0 |
2,000.3 |
|
Accumulated Intangible
Amortization |
-2,132.0 |
-1,901.3 |
-1,516.3 |
-947.9 |
-1,003.1 |
|
Intangibles, Net |
1,835.2 |
1,642.6 |
1,278.8 |
1,200.1 |
997.2 |
|
LT Investment - Affiliate
Companies |
664.1 |
507.9 |
231.4 |
88.4 |
599.9 |
|
LT Investments - Other |
1,989.1 |
1,091.3 |
919.5 |
0.0 |
7.9 |
|
Long Term Investments |
2,653.2 |
1,599.2 |
1,150.9 |
88.4 |
607.8 |
|
Note Receivable - Long Term |
3,391.0 |
3,834.8 |
3,201.6 |
2,464.4 |
0.0 |
|
Deferred Income Tax - Long Term
Asset |
36.1 |
77.1 |
57.9 |
69.8 |
204.6 |
|
Other Long Term Assets |
3,510.4 |
2,523.3 |
2,470.9 |
2,674.0 |
1,030.6 |
|
Other Long Term Assets, Total |
3,546.5 |
2,600.4 |
2,528.7 |
2,743.8 |
1,235.2 |
|
Total Assets |
79,722.6 |
75,869.5 |
70,065.4 |
64,944.6 |
59,328.1 |
|
|
|
|
|
|
|
|
Accounts Payable |
10,008.3 |
9,299.3 |
7,803.8 |
6,998.5 |
14,474.0 |
|
Accrued Expenses |
3,466.4 |
3,895.9 |
3,504.6 |
2,424.5 |
- |
|
Notes Payable/Short Term Debt |
651.5 |
744.1 |
910.4 |
4,324.5 |
4,098.9 |
|
Current Portion - Long Term Debt/Capital Leases |
2,234.0 |
1,483.4 |
1,417.4 |
622.9 |
- |
|
Customer Advances |
8,457.2 |
8,154.9 |
6,633.1 |
6,468.2 |
0.0 |
|
Income Taxes Payable |
653.1 |
694.3 |
718.6 |
516.0 |
894.9 |
|
Other Payables |
4,161.9 |
3,654.8 |
3,066.1 |
2,927.7 |
- |
|
Discontinued Operations - Current
Liability |
108.3 |
0.0 |
- |
- |
- |
|
Other Current Liabilities |
478.8 |
570.6 |
327.3 |
796.8 |
879.2 |
|
Other Current liabilities, Total |
13,859.3 |
13,074.6 |
10,745.1 |
10,708.7 |
1,774.1 |
|
Total Current Liabilities |
30,219.6 |
28,497.3 |
24,381.2 |
25,079.0 |
20,347.1 |
|
|
|
|
|
|
|
|
Long Term Debt |
15,349.2 |
15,334.3 |
17,629.4 |
17,382.1 |
11,746.0 |
|
Capital Lease Obligations |
210.4 |
237.9 |
249.7 |
279.4 |
- |
|
Total Long Term Debt |
15,559.6 |
15,572.2 |
17,879.1 |
17,661.5 |
11,746.0 |
|
Total Debt |
18,445.1 |
17,799.7 |
20,206.8 |
22,608.9 |
15,844.9 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
1,821.1 |
1,758.3 |
1,210.3 |
963.5 |
1,555.8 |
|
Deferred Income Tax |
1,821.1 |
1,758.3 |
1,210.3 |
963.5 |
1,555.8 |
|
Minority Interest |
40.8 |
141.4 |
129.4 |
81.2 |
171.1 |
|
Reserves |
157.0 |
181.6 |
261.9 |
285.1 |
45.2 |
|
Pension Benefits - Underfunded |
2,938.9 |
2,179.4 |
2,801.2 |
2,129.5 |
1,648.2 |
|
Other Long Term Liabilities |
1,080.1 |
964.3 |
1,181.4 |
430.5 |
633.3 |
|
Other Liabilities, Total |
4,176.0 |
3,325.3 |
4,244.5 |
2,845.0 |
2,326.8 |
|
Total Liabilities |
51,817.1 |
49,294.4 |
47,844.5 |
46,630.3 |
36,146.8 |
|
|
|
|
|
|
|
|
Common Stock |
631.1 |
646.1 |
607.4 |
563.0 |
773.0 |
|
Common Stock |
631.1 |
646.1 |
607.4 |
563.0 |
773.0 |
|
Additional Paid-In Capital |
7,818.2 |
7,889.7 |
7,328.8 |
6,629.3 |
8,896.1 |
|
Retained Earnings (Accumulated Deficit) |
19,159.4 |
18,018.3 |
13,835.6 |
10,952.4 |
13,423.8 |
|
Treasury Stock - Common |
-28.3 |
-226.6 |
-274.0 |
-326.4 |
-401.2 |
|
Translation Adjustment |
210.4 |
249.1 |
704.9 |
246.6 |
481.9 |
|
Other Comprehensive Income |
114.6 |
-1.6 |
18.3 |
249.4 |
7.9 |
|
Other Equity, Total |
325.0 |
247.5 |
723.1 |
496.0 |
489.7 |
|
Total Equity |
27,905.5 |
26,575.1 |
22,221.0 |
18,314.3 |
23,181.3 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
79,722.6 |
75,869.5 |
70,065.4 |
64,944.6 |
59,328.1 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock
Primary Issue |
8,031.8 |
8,046.5 |
7,985.0 |
7,895.3 |
7,855.7 |
|
Total Common Shares Outstanding |
8,031.8 |
8,046.5 |
7,985.0 |
7,895.3 |
7,855.7 |
|
Treasury Shares - Common Stock Primary Issue |
0.0 |
0.0 |
- |
- |
7.8 |
|
Employees |
519,671 |
488,347 |
472,094 |
468,508 |
444,127 |
|
Accumulated Goodwill Amortization Suppl. |
- |
- |
- |
139.7 |
192.8 |
|
Accumulated Intangible Amort, Suppl. |
2,132.0 |
1,901.3 |
1,516.3 |
947.9 |
1,003.1 |
|
Deferred Revenue - Current |
8,457.2 |
8,154.9 |
6,633.1 |
6,468.2 |
0.0 |
|
Total Long Term Debt, Supplemental |
17,675.8 |
17,695.3 |
19,678.5 |
21,338.9 |
- |
|
Long Term Debt Maturing within 1 Year |
2,722.3 |
2,054.0 |
2,259.2 |
4,316.0 |
- |
|
Long Term Debt Maturing in Year 2 |
1,361.1 |
2,550.6 |
1,641.1 |
1,384.0 |
- |
|
Long Term Debt Maturing in Year 3 |
1,577.8 |
1,407.9 |
2,458.7 |
1,244.3 |
- |
|
Long Term Debt Maturing in Year 4 |
7.8 |
999.7 |
1,286.4 |
2,752.4 |
- |
|
Long Term Debt Maturing in Year 5 |
2,392.6 |
0.0 |
969.8 |
320.7 |
- |
|
Long Term Debt Maturing in 2-3 Years |
2,938.9 |
3,958.5 |
4,099.8 |
2,628.3 |
- |
|
Long Term Debt Maturing in 4-5 Years |
2,400.4 |
999.7 |
2,256.2 |
3,073.1 |
- |
|
Long Term Debt Matur. in Year 6 & Beyond |
9,614.2 |
10,683.1 |
11,063.3 |
11,321.6 |
- |
|
Interest Costs |
-240.2 |
-233.0 |
-181.2 |
- |
- |
|
Total Capital Leases, Supplemental |
260.6 |
318.2 |
318.2 |
523.1 |
- |
|
Capital Lease Payments Due in Year 1 |
61.2 |
90.0 |
74.6 |
78.4 |
- |
|
Capital Lease Payments Due in Year 2 |
26.7 |
57.9 |
71.6 |
72.7 |
- |
|
Capital Lease Payments Due in Year 3 |
23.5 |
24.1 |
50.2 |
68.4 |
- |
|
Capital Lease Payments Due in Year 4 |
20.4 |
24.1 |
16.7 |
45.6 |
- |
|
Capital Lease Payments Due in Year 5 |
20.4 |
25.7 |
15.2 |
12.8 |
- |
|
Capital Lease Payments Due in 2-3 Years |
50.2 |
82.0 |
121.8 |
141.1 |
- |
|
Capital Lease Payments Due in 4-5 Years |
40.8 |
49.8 |
32.0 |
58.4 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
348.5 |
329.5 |
271.0 |
245.2 |
- |
|
Total Operating Leases, Supplemental |
27,195.9 |
25,739.3 |
22,453.9 |
18,519.6 |
- |
|
Operating Lease Payments Due in Year 1 |
2,023.6 |
1,829.0 |
1,587.9 |
1,074.7 |
- |
|
Operating Lease Payments Due in Year 2 |
1,882.7 |
1,706.0 |
1,409.0 |
1,093.6 |
- |
|
Operating Lease Payments Due in Year 3 |
1,882.7 |
1,706.0 |
1,409.0 |
1,093.6 |
- |
|
Operating Lease Payments Due in Year 4 |
1,882.7 |
1,706.0 |
1,409.0 |
1,093.6 |
- |
|
Operating Lease Payments Due in Year 5 |
1,882.7 |
1,706.0 |
1,409.0 |
1,093.6 |
- |
|
Operating Lease Pymts. Due in 2-3 Years |
3,765.5 |
3,412.1 |
2,818.0 |
2,187.2 |
- |
|
Operating Lease Pymts. Due in 4-5 Years |
3,765.5 |
3,412.1 |
2,818.0 |
2,187.2 |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
17,641.3 |
17,086.1 |
15,230.1 |
13,070.5 |
- |
|
Pension Obligation - Domestic |
12,623.8 |
11,192.5 |
9,868.2 |
6,948.6 |
9,623.8 |
|
Plan Assets - Domestic |
9,684.9 |
9,013.2 |
7,149.2 |
4,874.7 |
8,042.4 |
|
Funded Status - Domestic |
-2,938.9 |
-2,179.4 |
-2,719.0 |
-2,073.9 |
-1,581.3 |
|
Unfunded Plan Obligations |
94.2 |
104.5 |
82.2 |
55.6 |
66.9 |
|
Total Funded Status |
-3,033.1 |
-2,283.8 |
-2,801.2 |
-2,129.5 |
-1,648.2 |
|
Discount Rate - Domestic |
5.20% |
5.90% |
5.90% |
6.50% |
- |
|
Compensation Rate - Domestic |
3.20% |
3.60% |
3.60% |
3.70% |
- |
|
Accrued Liabilities - Domestic |
-3,033.1 |
-2,283.8 |
-2,801.2 |
-2,129.5 |
-1,648.2 |
|
Accrued Liabilities - Post-Retirement |
-17.3 |
-19.3 |
-18.3 |
-14.3 |
- |
|
Net Assets Recognized on Balance Sheet |
-3,050.4 |
-2,303.1 |
-2,819.5 |
-2,143.7 |
-1,648.2 |
|
Equity % - Domestic |
54.74% |
54.07% |
53.68% |
43.30% |
- |
|
Debt Securities % - Domestic |
22.13% |
19.90% |
26.26% |
31.60% |
- |
|
Real Estate % - Domestic |
9.35% |
9.11% |
7.30% |
10.00% |
- |
|
Total Plan Obligations |
12,718.0 |
11,297.0 |
9,950.4 |
7,004.2 |
9,690.7 |
|
Total Plan Assets |
9,684.9 |
9,013.2 |
7,149.2 |
4,874.7 |
8,042.4 |
|
|
|
Annual Cash Flows |
|
Financials
in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
UpdateType/Date |
Updated
Normal |
Restated
Normal |
Updated
Normal |
Reclassified
Normal |
Updated
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
6,130.6 |
5,623.7 |
5,030.4 |
5,069.2 |
5,610.8 |
|
Depreciation |
2,394.7 |
2,193.3 |
2,192.1 |
2,066.3 |
1,985.7 |
|
Depreciation/Depletion |
2,394.7 |
2,193.3 |
2,192.1 |
2,066.3 |
1,985.7 |
|
Discontinued Operations |
-212.6 |
-163.7 |
- |
- |
0.0 |
|
Unusual Items |
-481.2 |
-590.0 |
-422.9 |
-443.1 |
-396.3 |
|
Equity in Net Earnings (Loss) |
-145.5 |
-88.0 |
-52.3 |
-191.2 |
-150.1 |
|
Other Non-Cash Items |
906.4 |
872.7 |
841.0 |
1,074.0 |
766.7 |
|
Non-Cash Items |
67.1 |
30.9 |
365.9 |
439.7 |
220.2 |
|
Accounts Receivable |
-426.8 |
-1,169.2 |
1,218.0 |
-2,570.2 |
-142.1 |
|
Inventories |
-736.9 |
-721.3 |
53.9 |
-165.1 |
-752.6 |
|
Accounts Payable |
1,085.4 |
1,507.5 |
717.5 |
1,265.1 |
1,283.1 |
|
Other Liabilities |
569.1 |
1,204.8 |
-158.4 |
2,545.9 |
- |
|
Other Operating Cash Flow |
-2,046.2 |
-2,122.2 |
-1,903.8 |
-1,769.1 |
-1,513.3 |
|
Changes in Working Capital |
-1,555.4 |
-1,300.5 |
-72.9 |
-693.4 |
-1,125.0 |
|
Cash from Operating Activities |
7,036.9 |
6,547.4 |
7,515.5 |
6,881.8 |
6,691.7 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-5,393.6 |
-4,908.6 |
-4,521.9 |
-7,797.6 |
-6,889.9 |
|
Purchase/Acquisition of
Intangibles |
-533.9 |
-576.1 |
-258.2 |
-382.3 |
-316.3 |
|
Capital Expenditures |
-5,927.5 |
-5,484.7 |
-4,780.1 |
-8,179.9 |
-7,206.1 |
|
Acquisition of Business |
-103.9 |
-137.5 |
-103.0 |
-2,215.7 |
-338.3 |
|
Sale of Business |
- |
- |
- |
- |
0.0 |
|
Sale of Fixed Assets |
1,824.0 |
2,943.9 |
2,882.6 |
1,727.4 |
2,113.8 |
|
Sale/Maturity of Investment |
1,926.3 |
1,110.5 |
1,952.9 |
625.6 |
0.0 |
|
Purchase of Investments |
-3,230.7 |
-1,323.7 |
-3,044.2 |
-2,194.9 |
-842.7 |
|
Sale of Intangible Assets |
0.0 |
4.6 |
6.3 |
0.0 |
- |
|
Other Investing Cash Flow |
423.6 |
-6.2 |
112.5 |
-144.2 |
360.3 |
|
Other Investing Cash Flow Items, Total |
839.3 |
2,591.8 |
1,807.2 |
-2,201.8 |
1,293.1 |
|
Cash from Investing Activities |
-5,088.3 |
-2,893.0 |
-2,972.9 |
-10,381.7 |
-5,913.0 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-147.1 |
-3.1 |
-3.2 |
-5.2 |
-4.0 |
|
Financing Cash Flow Items |
-147.1 |
-3.1 |
-3.2 |
-5.2 |
-4.0 |
|
Cash Dividends Paid - Common |
-1,886.3 |
-1,669.7 |
-1,533.2 |
-1,534.5 |
-1,585.3 |
|
Total Cash Dividends Paid |
-1,886.3 |
-1,669.7 |
-1,533.2 |
-1,534.5 |
-1,585.3 |
|
Sale/Issuance
of Common |
110.3 |
151.4 |
264.5 |
225.9 |
308.3 |
|
Repurchase/Retirement
of Common |
-484.4 |
-47.9 |
-38.0 |
-460.5 |
-1,551.3 |
|
Common Stock, Net |
-374.1 |
103.5 |
226.5 |
-234.6 |
-1,243.1 |
|
Issuance (Retirement) of Stock, Net |
-374.1 |
103.5 |
226.5 |
-234.6 |
-1,243.1 |
|
Long Term
Debt Issued |
4,643.9 |
3,424.3 |
1,365.3 |
12,837.3 |
18,920.1 |
|
Long Term
Debt Reduction |
-4,420.1 |
-6,479.4 |
-5,768.4 |
-4,780.7 |
-15,263.0 |
|
Long Term Debt, Net |
223.8 |
-3,055.1 |
-4,403.2 |
8,056.5 |
3,657.1 |
|
Issuance (Retirement) of Debt, Net |
223.8 |
-3,055.1 |
-4,403.2 |
8,056.5 |
3,657.1 |
|
Cash from Financing Activities |
-2,183.7 |
-4,624.4 |
-5,713.0 |
6,282.2 |
824.7 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
38.4 |
-71.0 |
77.6 |
208.5 |
-110.1 |
|
Net Change in Cash |
-196.6 |
-1,041.0 |
-1,092.9 |
2,990.8 |
1,493.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
3,881.3 |
4,791.2 |
5,557.8 |
3,107.2 |
2,085.8 |
|
Net Cash - Ending Balance |
3,684.7 |
3,750.2 |
4,464.9 |
6,098.0 |
3,579.0 |
|
Cash Interest Paid |
848.8 |
948.4 |
1,092.9 |
976.7 |
820.7 |
|
Cash Taxes Paid |
1,197.3 |
1,173.9 |
810.9 |
792.4 |
692.6 |
Annual Income Statement
|
|
|
|
Financials in: USD (mil) |
|
|
Except for share items
(millions) and per share items (actual units) |
|
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
UpdateType/Date |
Updated
Normal |
Restated
Normal |
Updated
Normal |
Restated
Normal |
Updated
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Discount Rate - Pension |
5.20% |
5.90% |
5.90% |
6.50% |
5.00% |
|
Compensation Rate - Pension |
3.20% |
3.60% |
3.60% |
3.70% |
5.00% |
|
Pension Payment Rate - Pension |
2.90% |
3.30% |
3.40% |
3.10% |
3.50% |
|
Deferred Pension Payment |
2.10% |
2.80% |
3.60% |
3.20% |
3.50% |
|
Rate of Return - Equities - Pension |
8.10% |
8.50% |
8.70% |
8.90% |
8.90% |
|
Rate of Return - Bonds - Pension |
4.90% |
5.00% |
5.10% |
5.50% |
5.70% |
|
Rate of Return - Property - Pension |
6.50% |
6.80% |
7.00% |
7.30% |
7.30% |
|
Rate of Return - Other - Pension |
8.10% |
8.50% |
8.70% |
8.90% |
8.90% |
|
Rate of Return - Cash - Pension |
3.60% |
4.00% |
4.10% |
3.70% |
4.50% |
|
Discount Rate - Post-Retirement |
- |
- |
- |
- |
5.00% |
|
Compensation Rate - Post-Retirement |
- |
- |
- |
- |
5.00% |
|
Turnover |
103,170.7 |
93,376.2 |
90,137.9 |
93,665.0 |
94,676.4 |
|
Total Revenue |
103,170.7 |
93,376.2 |
90,137.9 |
93,665.0 |
94,676.4 |
|
|
|
|
|
|
|
|
Cost of Sales |
94,760.6 |
85,460.3 |
82,841.0 |
86,392.2 |
87,410.2 |
|
Administrative Expenses |
2,640.9 |
2,533.1 |
2,418.6 |
2,175.8 |
2,055.7 |
|
Profit Arising on Property Related
Items |
-601.1 |
-667.2 |
-597.1 |
-410.1 |
-376.3 |
|
Pension Adjustment |
- |
- |
- |
- |
0.0 |
|
Impairment of Gerrards Cross Site |
- |
- |
- |
- |
0.0 |
|
Total Operating Expense |
96,800.3 |
87,326.1 |
84,662.5 |
88,157.9 |
89,089.7 |
|
|
|
|
|
|
|
|
Share Joint Venture |
145.5 |
88.0 |
52.3 |
191.2 |
150.1 |
|
Sale of Investments in Associates |
- |
- |
- |
- |
0.0 |
|
Interest Income |
182.2 |
202.3 |
180.6 |
158.1 |
276.2 |
|
Net pension finance income |
28.8 |
0.0 |
- |
- |
- |
|
Fin. Instruments - FV
Remeasurements |
70.3 |
29.3 |
239.2 |
0.0 |
98.1 |
|
Net pension finance income |
- |
- |
0.0 |
43.4 |
- |
|
Interest Payable |
-890.4 |
-945.3 |
-1,086.5 |
-959.3 |
-706.6 |
|
Interest Capitalized |
223.8 |
227.0 |
245.5 |
264.1 |
206.2 |
|
Net pension finance cost |
0.0 |
-27.8 |
-76.0 |
0.0 |
- |
|
Fin. Instruments - FV
Remeasurements |
- |
- |
0.0 |
-135.5 |
0.0 |
|
Net Income Before Taxes |
6,130.6 |
5,623.7 |
5,030.4 |
5,069.2 |
5,610.8 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
1,405.2 |
1,334.5 |
1,330.4 |
1,353.8 |
1,347.1 |
|
Net Income After Taxes |
4,725.4 |
4,289.2 |
3,699.9 |
3,715.5 |
4,263.6 |
|
|
|
|
|
|
|
|
Minority Interest |
-12.8 |
-24.7 |
-14.3 |
-8.7 |
-12.0 |
|
Net Income Before Extra. Items |
4,712.6 |
4,264.5 |
3,685.7 |
3,706.8 |
4,251.6 |
|
Loss from Discontinuing Operations |
-227.0 |
-163.7 |
- |
- |
0.0 |
|
Net Income |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
4,712.6 |
4,264.5 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
8,021.0 |
8,020.0 |
7,933.0 |
7,859.0 |
7,881.0 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.59 |
0.53 |
0.46 |
0.47 |
0.54 |
|
Basic EPS Including ExtraOrdinary Item |
0.56 |
0.51 |
0.46 |
0.47 |
0.54 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
4,485.6 |
4,100.8 |
3,685.7 |
3,706.8 |
4,251.6 |
|
Diluted Weighted Average Shares |
8,045.0 |
8,061.0 |
7,972.0 |
7,912.0 |
7,983.0 |
|
Diluted EPS Excluding ExtraOrd Items |
0.59 |
0.53 |
0.46 |
0.47 |
0.53 |
|
Diluted EPS Including ExtraOrd Items |
0.56 |
0.51 |
0.46 |
0.47 |
0.53 |
|
DPS-Ordinary Shares |
0.24 |
0.22 |
0.21 |
0.21 |
0.22 |
|
Gross Dividends - Common Stock |
1,892.7 |
1,794.8 |
1,644.1 |
1,637.0 |
1,711.5 |
|
Normalized Income Before Taxes |
5,713.3 |
5,052.2 |
4,732.6 |
4,620.9 |
5,234.4 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
1,309.5 |
1,198.9 |
1,251.7 |
1,234.0 |
1,256.8 |
|
Normalized Income After Taxes |
4,403.8 |
3,853.4 |
3,480.9 |
3,386.8 |
3,977.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
4,391.0 |
3,828.6 |
3,466.6 |
3,378.1 |
3,965.6 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.55 |
0.48 |
0.44 |
0.43 |
0.50 |
|
Diluted Normalized EPS |
0.55 |
0.47 |
0.43 |
0.43 |
0.50 |
|
Interest Expense |
666.6 |
718.2 |
841.0 |
695.1 |
500.4 |
|
Interest Capitalized |
-223.8 |
-227.0 |
-245.5 |
-264.1 |
-206.2 |
|
Rental Expense |
1,993.4 |
1,595.5 |
1,468.2 |
1,282.5 |
1,040.9 |
|
Depreciation |
2,084.5 |
1,892.1 |
1,753.3 |
1,800.4 |
1,721.5 |
|
Amortisation of Intangibles |
310.1 |
301.2 |
438.7 |
265.9 |
232.2 |
|
UK Corporation Tax |
925.6 |
1,071.9 |
896.5 |
1,169.6 |
1,707.5 |
|
Foreign Tax |
313.3 |
279.6 |
202.7 |
152.9 |
156.1 |
|
Adj. Relating to Prior Year |
-67.1 |
-176.1 |
-144.1 |
-285.0 |
-556.5 |
|
Benefit of Taxf Losses |
- |
- |
- |
- |
-112.1 |
|
Current Tax - Total |
1,171.8 |
1,175.4 |
955.1 |
1,037.5 |
1,195.0 |
|
Origination & Reversal of
Temp. Diff. |
367.7 |
228.6 |
174.2 |
191.2 |
108.1 |
|
Adj. Relating to Prior Year |
-19.2 |
18.5 |
196.4 |
168.6 |
126.1 |
|
Change in Tax Rate |
-115.1 |
-88.0 |
4.8 |
-43.4 |
-138.1 |
|
Benefit of Tax Losses |
- |
- |
- |
- |
0.0 |
|
Benefit of Tax Losses-Prior Yr |
- |
- |
- |
- |
56.0 |
|
Deferred Tax - Total |
233.4 |
159.1 |
375.4 |
316.3 |
152.1 |
|
Income Tax - Total |
1,405.2 |
1,334.5 |
1,330.4 |
1,353.8 |
1,347.1 |
|
Current Service Cost - Pension |
791.3 |
770.7 |
619.3 |
743.8 |
922.8 |
|
Past Service Cost - Pension |
-4.8 |
44.8 |
0.0 |
- |
0.0 |
|
Expected Return on Assets - Pension |
-674.6 |
-560.7 |
-419.7 |
-587.4 |
-602.5 |
|
Interest Cost - Pension |
645.8 |
588.5 |
495.8 |
543.9 |
508.4 |
|
Domestic Pension Plan Expense |
757.7 |
843.3 |
695.3 |
700.3 |
828.7 |
|
Post - Retirement Cost |
1.6 |
1.5 |
0.8 |
0.9 |
1.2 |
|
Post-Retirement Plan Expense |
1.6 |
1.5 |
0.8 |
0.9 |
1.2 |
|
Defined Contribution Plans - Pension |
32.0 |
21.6 |
19.0 |
19.1 |
16.0 |
|
Total Pension Expense |
791.3 |
866.5 |
715.1 |
720.3 |
845.9 |
|
|
|
Annual Balance Sheet |
|
Financials
in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
UpdateType/Date |
Updated
Normal |
Reclassified
Normal |
Updated
Normal |
Restated
Normal |
Reclassified
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate |
0.636971 |
0.6222 |
0.656858 |
0.701582 |
0.508427 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Inventory |
- |
- |
- |
- |
4,779.4 |
|
Goods Resale |
5,552.8 |
5,049.8 |
4,150.1 |
3,785.7 |
- |
|
Developm. Prop. |
95.8 |
32.1 |
4.6 |
18.5 |
- |
|
Prepay./Accrued |
659.4 |
622.0 |
513.0 |
597.2 |
- |
|
Other Debtors |
2,901.2 |
2,275.8 |
1,881.7 |
1,603.5 |
- |
|
Owed Undertaking |
610.7 |
847.0 |
479.6 |
393.4 |
2,578.5 |
|
Loans & Advances to Customers |
3,928.0 |
4,040.5 |
3,452.8 |
2,733.8 |
0.0 |
|
Loans & Advances to Banks |
146.0 |
649.3 |
219.2 |
2,196.5 |
0.0 |
|
Derivative Financial instruments |
64.4 |
237.9 |
341.0 |
544.5 |
190.8 |
|
Current Tax Asset |
11.0 |
6.4 |
9.1 |
12.8 |
11.8 |
|
Cash and Cash Equivalents |
- |
- |
- |
- |
3,516.7 |
|
Cash |
3,132.0 |
2,843.1 |
3,139.2 |
3,010.3 |
- |
|
Short Term Deposit |
285.7 |
136.6 |
1,152.5 |
1,991.2 |
- |
|
Certificates of deposit |
54.9 |
273.2 |
- |
- |
- |
|
Short-term Investments |
1,951.4 |
1,642.6 |
2,000.4 |
1,757.5 |
708.1 |
|
Total Current Assets |
19,393.3 |
18,656.4 |
17,343.2 |
18,645.0 |
11,785.4 |
|
|
|
|
|
|
|
|
Goodwill |
- |
- |
- |
4,749.3 |
3,790.1 |
|
Goodwill Amort. |
- |
- |
- |
-139.7 |
-192.8 |
|
Internally Generated Development
Costs |
2,282.7 |
2,089.4 |
1,724.9 |
1,252.9 |
1,359.1 |
|
Pharmacy & Software Licences |
1,139.8 |
904.9 |
560.2 |
441.9 |
546.8 |
|
Other Intangible Assets |
544.8 |
549.7 |
510.0 |
453.3 |
94.4 |
|
Amortization |
-2,132.0 |
-1,901.3 |
-1,516.3 |
-947.9 |
-1,003.1 |
|
Goodwill |
5,414.7 |
5,329.5 |
5,080.2 |
- |
- |
|
Land/Buildings |
38,873.0 |
37,735.4 |
35,601.3 |
31,855.1 |
37,783.2 |
|
Prop./Equip. |
15,716.6 |
14,611.1 |
12,785.1 |
10,683.0 |
12,469.8 |
|
Depreciation |
-14,226.7 |
-13,134.0 |
-11,539.8 |
-9,538.4 |
-11,335.0 |
|
Investment Property |
3,537.1 |
3,362.3 |
2,921.5 |
2,366.1 |
- |
|
Depreciation |
-411.3 |
-368.0 |
-286.2 |
-172.5 |
- |
|
Investment Property |
- |
- |
- |
- |
2,187.1 |
|
Loan receivable |
406.6 |
416.3 |
394.3 |
369.2 |
- |
|
Investments |
1,989.1 |
1,091.3 |
919.5 |
0.0 |
7.9 |
|
Invest. J.V. |
664.1 |
507.9 |
231.4 |
88.4 |
599.9 |
|
Derivative Financial Instruments |
2,709.7 |
1,830.6 |
1,903.0 |
2,106.7 |
424.8 |
|
Loans & Advances to Customers |
2,984.4 |
3,418.5 |
2,807.3 |
2,095.3 |
0.0 |
|
Non-Curr.Assets HFS & assets
of Disp.Grp |
800.7 |
692.7 |
567.9 |
567.3 |
605.8 |
|
Deferred Tax Assets |
36.1 |
77.1 |
57.9 |
69.8 |
204.6 |
|
Total Assets |
79,722.6 |
75,869.5 |
70,065.4 |
64,944.6 |
59,328.1 |
|
|
|
|
|
|
|
|
Trade Creditors |
9,374.0 |
9,292.8 |
7,739.9 |
6,767.6 |
14,474.0 |
|
Other Tax/S.S. |
725.3 |
826.1 |
741.4 |
476.1 |
- |
|
Other Creditors |
4,161.9 |
3,654.8 |
3,066.1 |
2,927.7 |
- |
|
JV Creditors |
634.3 |
6.4 |
63.9 |
230.9 |
- |
|
Accrual/Deferred |
2,741.1 |
3,069.8 |
2,763.2 |
1,948.5 |
- |
|
All Other Loans |
2,183.8 |
1,403.1 |
1,348.8 |
555.9 |
- |
|
Bank loans and Overdrafts |
626.4 |
702.3 |
875.4 |
4,296.0 |
4,098.9 |
|
Loan from Joint Ventures |
25.1 |
41.8 |
35.0 |
28.5 |
- |
|
Finance Leases |
50.2 |
80.4 |
68.5 |
67.0 |
- |
|
Derivative Financial Instruments |
201.0 |
409.8 |
222.3 |
748.3 |
871.3 |
|
Customer Deposits |
8,457.2 |
8,154.9 |
6,633.1 |
6,468.2 |
0.0 |
|
Deposits by Banks |
122.5 |
57.9 |
45.7 |
34.2 |
0.0 |
|
Corporation Tax |
653.1 |
694.3 |
718.6 |
516.0 |
894.9 |
|
Provisions |
155.4 |
102.9 |
59.4 |
14.3 |
7.9 |
|
Liab.directly associated with
Disp.Group |
108.3 |
0.0 |
- |
- |
- |
|
Total Current Liabilities |
30,219.6 |
28,497.3 |
24,381.2 |
25,079.0 |
20,347.1 |
|
|
|
|
|
|
|
|
Long Term Debt |
15,349.2 |
15,334.3 |
17,629.4 |
17,382.1 |
11,746.0 |
|
Finance Leases |
210.4 |
237.9 |
249.7 |
279.4 |
- |
|
Total Long Term Debt |
15,559.6 |
15,572.2 |
17,879.1 |
17,661.5 |
11,746.0 |
|
|
|
|
|
|
|
|
Derivative Fin. Instruments &
Other Liab |
1,080.1 |
964.3 |
1,181.4 |
430.5 |
633.3 |
|
Post Employement Benefit
Obligations |
2,938.9 |
2,179.4 |
2,801.2 |
2,129.5 |
1,648.2 |
|
Deferred Tax |
1,821.1 |
1,758.3 |
1,210.3 |
963.5 |
1,555.8 |
|
Provisions |
157.0 |
181.6 |
261.9 |
285.1 |
45.2 |
|
Minority Interest |
40.8 |
141.4 |
129.4 |
81.2 |
171.1 |
|
Total Liabilities |
51,817.1 |
49,294.4 |
47,844.5 |
46,630.3 |
36,146.8 |
|
|
|
|
|
|
|
|
Common Stock |
631.1 |
646.1 |
607.4 |
563.0 |
773.0 |
|
Share Premium |
7,793.1 |
7,868.9 |
7,309.0 |
6,610.8 |
8,872.5 |
|
Other Reserve |
62.8 |
64.3 |
60.9 |
57.0 |
78.7 |
|
Capital Reserve |
25.1 |
20.9 |
19.8 |
18.5 |
23.6 |
|
Hedging Reserve |
114.6 |
-1.6 |
18.3 |
249.4 |
7.9 |
|
Translation Reserve |
210.4 |
249.1 |
704.9 |
246.6 |
481.9 |
|
Treasury Stock |
-28.3 |
-226.6 |
-274.0 |
-326.4 |
-401.2 |
|
Retained Earnings |
19,096.6 |
17,954.0 |
13,774.7 |
10,895.4 |
13,345.1 |
|
Total Equity |
27,905.5 |
26,575.1 |
22,221.0 |
18,314.3 |
23,181.3 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
79,722.6 |
75,869.5 |
70,065.4 |
64,944.6 |
59,328.1 |
|
|
|
|
|
|
|
|
S/O-Ordinary Shares |
8,031.8 |
8,046.5 |
7,985.0 |
7,895.3 |
7,855.7 |
|
Total Common Shares Outstanding |
8,031.8 |
8,046.5 |
7,985.0 |
7,895.3 |
7,855.7 |
|
T/S-Ordinary Shares |
0.0 |
0.0 |
- |
- |
7.8 |
|
Deferred Revenue - Current |
8,457.2 |
8,154.9 |
6,633.1 |
6,468.2 |
0.0 |
|
Accumulated Goodwill Amortization |
- |
- |
- |
139.7 |
192.8 |
|
Accumulated Intangible Amortization |
2,132.0 |
1,901.3 |
1,516.3 |
947.9 |
1,003.1 |
|
Full-Time Employees |
519,671 |
488,347 |
472,094 |
468,508 |
444,127 |
|
Borrowing Repayable in 1 Year |
2,722.3 |
2,054.0 |
2,259.2 |
4,316.0 |
- |
|
Borrowing Repayable in 2 Years |
1,361.1 |
2,550.6 |
1,641.1 |
1,384.0 |
- |
|
Borrowing Repayable in 3 Years |
1,577.8 |
1,407.9 |
2,458.7 |
1,244.3 |
- |
|
Borrowing Repayable in 4 Years |
7.8 |
999.7 |
1,286.4 |
2,752.4 |
- |
|
Long Term Debt Maturing in Year 5 |
2,392.6 |
0.0 |
969.8 |
320.7 |
- |
|
Borrowing Repayable after 5 Year |
9,614.2 |
10,683.1 |
11,063.3 |
11,321.6 |
- |
|
Total Long Term Debt, Supplemental |
17,675.8 |
17,695.3 |
19,678.5 |
21,338.9 |
- |
|
Capital Lease Due Within 1 Year |
61.2 |
90.0 |
74.6 |
78.4 |
- |
|
Capital Lease Payments Due in Year 2 |
26.7 |
57.9 |
71.6 |
72.7 |
- |
|
Capital Lease Payments Due in Year 3 |
23.5 |
24.1 |
50.2 |
68.4 |
- |
|
Capital Lease Payments Due in Year 4 |
20.4 |
24.1 |
16.7 |
45.6 |
- |
|
Capital Lease Due Within 2-5 Years |
20.4 |
25.7 |
15.2 |
12.8 |
- |
|
Capital Lease After 5 Years |
348.5 |
329.5 |
271.0 |
245.2 |
- |
|
Interest Costs |
-240.2 |
-233.0 |
-181.2 |
- |
- |
|
Total Capital Leases |
260.6 |
318.2 |
318.2 |
523.1 |
- |
|
Operating Lease Due Within 1 Year |
2,023.6 |
1,829.0 |
1,587.9 |
1,074.7 |
- |
|
Operating Lease Due 2-5 Years |
7,531.0 |
6,824.2 |
5,635.9 |
4,374.4 |
- |
|
Operating Lease Due After 5 Years |
17,641.3 |
17,086.1 |
15,230.1 |
13,070.5 |
- |
|
Total Operating Leases |
27,195.9 |
25,739.3 |
22,453.9 |
18,519.6 |
- |
|
PV of Funded Obligation - Pension |
12,623.8 |
11,192.5 |
9,868.2 |
6,948.6 |
9,623.8 |
|
FV of Plan Assets - Pension |
9,684.9 |
9,013.2 |
7,149.2 |
4,874.7 |
8,042.4 |
|
Funded Status - Pension |
-2,938.9 |
-2,179.4 |
-2,719.0 |
-2,073.9 |
-1,581.3 |
|
PV of Unfunded Obligations - Pension |
94.2 |
104.5 |
82.2 |
55.6 |
66.9 |
|
Total Funded Status |
-3,033.1 |
-2,283.8 |
-2,801.2 |
-2,129.5 |
-1,648.2 |
|
Discount Rate - Pension |
5.20% |
5.90% |
5.90% |
6.50% |
- |
|
Compensation Rate - Pension |
3.20% |
3.60% |
3.60% |
3.70% |
- |
|
Pension Payment Rate |
2.90% |
3.30% |
3.40% |
3.10% |
- |
|
Deferred Pension Payment |
2.10% |
2.80% |
3.60% |
3.20% |
- |
|
Rate of Return - Equities - Pension |
8.10% |
8.50% |
8.70% |
8.90% |
- |
|
Rate of Return - Bonds - Pension |
4.90% |
5.00% |
5.10% |
5.50% |
- |
|
Rate of Return - Property - Pension |
6.50% |
6.80% |
7.00% |
7.30% |
- |
|
Rate of Return - Others - Pension |
8.10% |
8.50% |
8.70% |
8.90% |
- |
|
Rate of Return - Cash - Pension |
3.60% |
4.00% |
4.10% |
3.70% |
- |
|
Liability - Post-Retirement |
-17.3 |
-19.3 |
-18.3 |
-14.3 |
- |
|
Liability - Pension |
-3,033.1 |
-2,283.8 |
-2,801.2 |
-2,129.5 |
-1,648.2 |
|
Net Assets Recognized on Balance Sheet |
-3,050.4 |
-2,303.1 |
-2,819.5 |
-2,143.7 |
-1,648.2 |
|
Equity Securities % - Pension |
54.74% |
54.07% |
53.68% |
43.30% |
- |
|
Bonds % - Pension |
22.13% |
19.90% |
26.26% |
31.60% |
- |
|
Property % - Pension |
9.35% |
9.11% |
7.30% |
10.00% |
- |
|
Other % - Pension |
12.01% |
10.06% |
10.31% |
11.20% |
- |
|
Cash % - Pension |
1.77% |
6.86% |
2.45% |
3.90% |
- |
|
Annual Cash Flows |
|
Financials
in: USD (mil) |
|
|
25-Feb-2012 |
26-Feb-2011 |
27-Feb-2010 |
28-Feb-2009 |
23-Feb-2008 |
|
Period
Length |
52
Weeks |
52
Weeks |
52
Weeks |
53
Weeks |
52
Weeks |
|
UpdateType/Date |
Updated
Normal |
Restated
Normal |
Updated
Normal |
Reclassified
Normal |
Updated
Normal |
|
Filed
Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange
Rate (Period Average) |
0.625556 |
0.647435 |
0.631366 |
0.575434 |
0.499575 |
|
Auditor |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor
Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Operating Profit/ Profit Before Tax |
6,130.6 |
5,623.7 |
5,030.4 |
5,069.2 |
5,610.8 |
|
Depreciation |
2,394.7 |
2,193.3 |
2,192.1 |
2,066.3 |
1,985.7 |
|
Net Finance Costs |
385.3 |
514.3 |
497.3 |
629.1 |
126.1 |
|
Share of Post Tax Profits |
-145.5 |
-88.0 |
-52.3 |
-191.2 |
-150.1 |
|
Loss on sale of Property |
6.4 |
4.6 |
7.9 |
5.2 |
0.0 |
|
Sale of Investments |
- |
- |
- |
- |
0.0 |
|
Disc. Operating Inc. |
-203.0 |
-163.7 |
- |
- |
0.0 |
|
Profit Arising on Property Related
Items |
-601.1 |
-667.2 |
-597.1 |
-410.1 |
-376.3 |
|
Profit Arising on Property Related
Items |
1.6 |
7.7 |
- |
- |
- |
|
Profit arising on sale of other
investme |
-8.0 |
0.0 |
- |
- |
- |
|
Tesco Bank non-cash items included
in pr |
265.4 |
-128.2 |
- |
- |
- |
|
Impairment Of Goodwill |
0.0 |
85.0 |
207.5 |
0.0 |
- |
|
Reversal of Impairment of
Provisions |
119.9 |
-20.1 |
-41.2 |
-38.2 |
-20.0 |
|
One-off Pension Contribution |
56.0 |
146.7 |
-38.0 |
90.4 |
242.2 |
|
Share Based Payments |
199.8 |
339.8 |
381.7 |
354.5 |
398.3 |
|
Inventories |
-736.9 |
-721.3 |
53.9 |
-165.1 |
-752.6 |
|
Debtors |
-222.2 |
-234.8 |
196.4 |
137.3 |
-142.1 |
|
Trade Creditors |
1,085.4 |
1,507.5 |
717.5 |
1,265.1 |
1,283.1 |
|
Loans & Advances to Customers |
239.8 |
-801.6 |
-1,146.7 |
-34.8 |
- |
|
Loans & advances to Banks |
-444.4 |
-132.8 |
2,168.3 |
-2,672.8 |
- |
|
Customer & Bank Deposits |
569.1 |
1,204.8 |
-158.4 |
2,545.9 |
- |
|
Interest Paid |
-848.8 |
-948.4 |
-1,092.9 |
-976.7 |
-820.7 |
|
Taxes Paid |
-1,197.3 |
-1,173.9 |
-810.9 |
-792.4 |
-692.6 |
|
Cash held in disposal group |
-9.6 |
0.0 |
- |
- |
- |
|
Cash from Operating Activities |
7,036.9 |
6,547.4 |
7,515.5 |
6,881.8 |
6,691.7 |
|
|
|
|
|
|
|
|
Subsidiary Undertakings |
-103.9 |
-137.5 |
-103.0 |
-2,215.7 |
-338.3 |
|
Sale Tangibles |
1,824.0 |
2,943.9 |
2,882.6 |
1,727.4 |
2,113.8 |
|
Capital Expenditures |
-5,393.6 |
-4,908.6 |
-4,521.9 |
-7,797.6 |
-6,889.9 |
|
Proceeds from sale of intangible
assets |
0.0 |
4.6 |
6.3 |
0.0 |
- |
|
Purchase of Intangibles |
-533.9 |
-576.1 |
-258.2 |
-382.3 |
-316.3 |
|
Loans to Joint Venture |
195.0 |
-299.6 |
-71.3 |
-420.6 |
-72.1 |
|
Decrease in Loans to Joint
Ventures |
- |
- |
0.0 |
- |
- |
|
Equity Investments made |
-78.3 |
-268.8 |
-6.3 |
-52.1 |
-122.1 |
|
Investment In Short Term
Investment |
-3,152.4 |
-1,054.9 |
-3,037.9 |
-2,142.7 |
-720.6 |
|
Sale of Short Term Investment |
1,926.3 |
1,110.5 |
1,952.9 |
625.6 |
0.0 |
|
Dividends Received |
63.9 |
95.8 |
55.4 |
119.9 |
176.1 |
|
Interest Received |
164.7 |
197.7 |
128.3 |
156.4 |
256.2 |
|
Sale of Subsidiary |
- |
- |
- |
- |
0.0 |
|
Sale of Joint Venture &
Associates |
- |
- |
- |
- |
0.0 |
|
Cash from Investing Activities |
-5,088.3 |
-2,893.0 |
-2,972.9 |
-10,381.7 |
-5,913.0 |
|
|
|
|
|
|
|
|
Sale of Ordinary Share |
- |
- |
- |
- |
32.0 |
|
New Finance Lease |
- |
- |
- |
- |
238.2 |
|
Issue Shares |
110.3 |
151.4 |
264.5 |
225.9 |
276.2 |
|
Increase in Borrowing |
4,643.9 |
3,424.3 |
1,365.3 |
12,837.3 |
18,681.9 |
|
Loan Reduction |
-4,348.1 |
-6,414.5 |
-5,703.5 |
-4,749.5 |
-15,198.9 |
|
Repayment Finance Lease |
-71.9 |
-64.9 |
-64.9 |
-31.3 |
-64.1 |
|
Purchase of non-controlling
interests |
-142.3 |
0.0 |
- |
- |
- |
|
Dividends |
-1,886.3 |
-1,669.7 |
-1,533.2 |
-1,534.5 |
-1,585.3 |
|
Dividends to Minority Interest |
-4.8 |
-3.1 |
-3.2 |
-5.2 |
-4.0 |
|
Own Shares Purchased |
-484.4 |
-47.9 |
-38.0 |
-460.5 |
-1,551.3 |
|
Cash from Financing Activities |
-2,183.7 |
-4,624.4 |
-5,713.0 |
6,282.2 |
824.7 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
38.4 |
-71.0 |
77.6 |
208.5 |
-110.1 |
|
Net Change in Cash |
-196.6 |
-1,041.0 |
-1,092.9 |
2,990.8 |
1,493.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
3,881.3 |
4,791.2 |
5,557.8 |
3,107.2 |
2,085.8 |
|
Net Cash - Ending Balance |
3,684.7 |
3,750.2 |
4,464.9 |
6,098.0 |
3,579.0 |
|
Cash Interest Paid |
848.8 |
948.4 |
1,092.9 |
976.7 |
820.7 |
|
Cash Taxes Paid |
1,197.3 |
1,173.9 |
810.9 |
792.4 |
692.6 |
|
|
|
Financials in: USD (mil) |
|
|
Except for share items
(millions) and per share items (actual units) |
|
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.29 |
|
|
1 |
Rs.81.93 |
|
Euro |
1 |
Rs.70.01 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.