Shoprite Holdings Ltd
JSE:SHP
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Income Statement
Earnings Waterfall
Shoprite Holdings Ltd
Revenue
|
240.7B
ZAR
|
Cost of Revenue
|
-183B
ZAR
|
Gross Profit
|
57.8B
ZAR
|
Operating Expenses
|
-45.3B
ZAR
|
Operating Income
|
12.5B
ZAR
|
Other Expenses
|
-6.2B
ZAR
|
Net Income
|
6.2B
ZAR
|
Income Statement
Shoprite Holdings Ltd
Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jul-2017 | Dec-2017 | Jul-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jul-2021 | Jan-2022 | Jul-2022 | Jan-2023 | Jul-2023 | Dec-2023 | Jun-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
27 172
N/A
|
29 042
+7%
|
30 300
+4%
|
31 416
+4%
|
33 512
+7%
|
35 996
+7%
|
38 950
+8%
|
43 105
+11%
|
47 652
+11%
|
53 996
+13%
|
59 319
+10%
|
62 854
+6%
|
67 403
+7%
|
70 523
+5%
|
72 298
+3%
|
77 093
+7%
|
82 731
+7%
|
88 249
+7%
|
92 457
+5%
|
96 975
+5%
|
102 204
+5%
|
108 583
+6%
|
113 694
+5%
|
118 744
+4%
|
130 028
+10%
|
138 806
+7%
|
141 000
+2%
|
145 407
+3%
|
145 104
0%
|
145 237
+0%
|
147 478
+2%
|
151 352
+3%
|
155 409
+3%
|
158 518
+2%
|
168 030
+6%
|
175 615
+5%
|
183 868
+5%
|
290 144
+58%
|
214 956
-26%
|
229 759
+7%
|
240 718
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23 108)
|
(23 962)
|
(24 320)
|
(25 130)
|
(26 716)
|
(28 561)
|
(30 952)
|
(34 289)
|
(38 162)
|
(43 407)
|
(47 878)
|
(50 789)
|
(54 148)
|
(56 466)
|
(57 624)
|
(61 405)
|
(65 752)
|
(69 940)
|
(73 156)
|
(76 786)
|
(80 936)
|
(85 997)
|
(90 180)
|
(92 431)
|
(99 372)
|
(105 976)
|
(107 174)
|
(110 261)
|
(110 415)
|
(111 044)
|
(113 028)
|
(115 760)
|
(118 145)
|
(119 984)
|
(126 817)
|
(132 507)
|
(138 846)
|
(220 189)
|
(163 250)
|
(174 387)
|
(182 968)
|
|
Gross Profit |
4 064
N/A
|
5 080
+25%
|
5 980
+18%
|
6 160
+3%
|
6 796
+10%
|
7 435
+9%
|
7 997
+8%
|
8 814
+10%
|
9 489
+8%
|
10 589
+12%
|
11 441
+8%
|
12 065
+5%
|
13 255
+10%
|
14 057
+6%
|
14 673
+4%
|
15 686
+7%
|
16 978
+8%
|
18 309
+8%
|
19 301
+5%
|
20 189
+5%
|
21 268
+5%
|
22 586
+6%
|
23 514
+4%
|
26 313
+12%
|
30 656
+17%
|
32 830
+7%
|
33 826
+3%
|
35 146
+4%
|
34 689
-1%
|
34 193
-1%
|
34 450
+1%
|
35 592
+3%
|
37 264
+5%
|
38 534
+3%
|
41 213
+7%
|
43 108
+5%
|
45 022
+4%
|
69 955
+55%
|
51 706
-26%
|
55 372
+7%
|
57 750
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 363)
|
(4 169)
|
(4 947)
|
(5 216)
|
(5 542)
|
(6 027)
|
(6 401)
|
(6 914)
|
(7 192)
|
(7 903)
|
(8 500)
|
(8 876)
|
(9 763)
|
(10 369)
|
(10 687)
|
(11 389)
|
(12 312)
|
(13 305)
|
(13 909)
|
(14 609)
|
(15 554)
|
(16 559)
|
(17 285)
|
(19 709)
|
(23 813)
|
(24 921)
|
(26 213)
|
(26 822)
|
(26 665)
|
(26 077)
|
(26 796)
|
(28 379)
|
(29 521)
|
(30 031)
|
(31 236)
|
(32 500)
|
(34 430)
|
(53 746)
|
(40 646)
|
(43 736)
|
(45 277)
|
|
Selling, General & Administrative |
(3 131)
|
(3 226)
|
(3 265)
|
(3 409)
|
(3 657)
|
(3 912)
|
(4 098)
|
(4 512)
|
(4 779)
|
(5 250)
|
(5 764)
|
(6 178)
|
(6 825)
|
(7 299)
|
(7 463)
|
(7 954)
|
(8 470)
|
(8 953)
|
(9 358)
|
(9 769)
|
(10 319)
|
(10 942)
|
(11 497)
|
(12 072)
|
(12 985)
|
(13 814)
|
(14 317)
|
(14 872)
|
(15 123)
|
(13 348)
|
(11 822)
|
(12 327)
|
(12 972)
|
(13 267)
|
(13 775)
|
(14 282)
|
(18 174)
|
(23 326)
|
(21 015)
|
(18 475)
|
(19 623)
|
|
Depreciation & Amortization |
(407)
|
(378)
|
(361)
|
(403)
|
(435)
|
(484)
|
(517)
|
(550)
|
(597)
|
(694)
|
(754)
|
(767)
|
(839)
|
(922)
|
(934)
|
(973)
|
(1 090)
|
(1 215)
|
(1 336)
|
(1 387)
|
(1 525)
|
(1 686)
|
(1 733)
|
(1 853)
|
(2 025)
|
(2 133)
|
(2 176)
|
(2 294)
|
(2 530)
|
(3 810)
|
(4 971)
|
(4 983)
|
(4 972)
|
(5 044)
|
(5 336)
|
(5 339)
|
(5 384)
|
(8 352)
|
(6 305)
|
(6 808)
|
(7 264)
|
|
Other Operating Expenses |
177
|
(565)
|
(1 322)
|
(1 405)
|
(1 451)
|
(1 629)
|
(1 784)
|
(1 853)
|
(1 817)
|
(1 959)
|
(1 981)
|
(1 931)
|
(2 100)
|
(2 147)
|
(2 290)
|
(2 463)
|
(2 752)
|
(3 136)
|
(3 215)
|
(3 454)
|
(3 710)
|
(3 931)
|
(4 055)
|
(5 784)
|
(8 803)
|
(8 974)
|
(9 720)
|
(9 656)
|
(9 012)
|
(8 919)
|
(10 003)
|
(11 069)
|
(11 577)
|
(11 720)
|
(12 125)
|
(12 879)
|
(10 872)
|
(22 068)
|
(13 326)
|
(18 453)
|
(18 390)
|
|
Operating Income |
701
N/A
|
911
+30%
|
1 034
+14%
|
1 070
+3%
|
1 253
+17%
|
1 409
+12%
|
1 598
+13%
|
1 901
+19%
|
2 297
+21%
|
2 686
+17%
|
2 941
+9%
|
3 188
+8%
|
3 491
+10%
|
3 689
+6%
|
3 987
+8%
|
4 298
+8%
|
4 667
+9%
|
5 005
+7%
|
5 392
+8%
|
5 579
+3%
|
5 714
+2%
|
6 027
+5%
|
6 229
+3%
|
6 604
+6%
|
6 843
+4%
|
7 909
+16%
|
7 613
-4%
|
8 324
+9%
|
8 024
-4%
|
8 116
+1%
|
7 654
-6%
|
7 213
-6%
|
7 743
+7%
|
8 503
+10%
|
9 977
+17%
|
10 608
+6%
|
10 592
0%
|
16 209
+53%
|
11 060
-32%
|
11 636
+5%
|
12 473
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(50)
|
(33)
|
5
|
(20)
|
15
|
64
|
50
|
97
|
158
|
193
|
108
|
(13)
|
(67)
|
(82)
|
(28)
|
3
|
(90)
|
(191)
|
(172)
|
(160)
|
(263)
|
(322)
|
(233)
|
(335)
|
17
|
(611)
|
165
|
(43)
|
(409)
|
(1 659)
|
(1 696)
|
(1 119)
|
(1 295)
|
(1 717)
|
(2 195)
|
(2 110)
|
(2 231)
|
(3 232)
|
(1 910)
|
(2 223)
|
(2 763)
|
|
Non-Reccuring Items |
162
|
96
|
(36)
|
(43)
|
167
|
181
|
61
|
34
|
6
|
1
|
(31)
|
(23)
|
(25)
|
(36)
|
(83)
|
(73)
|
(94)
|
(82)
|
(29)
|
(40)
|
16
|
16
|
(14)
|
45
|
(12)
|
(126)
|
(163)
|
(161)
|
(268)
|
(217)
|
(418)
|
(437)
|
(797)
|
(1 120)
|
(825)
|
(696)
|
(29)
|
97
|
(18)
|
(102)
|
(331)
|
|
Total Other Income |
(1)
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
812
N/A
|
974
+20%
|
1 003
+3%
|
1 007
+0%
|
1 434
+42%
|
1 652
+15%
|
1 708
+3%
|
2 032
+19%
|
2 461
+21%
|
2 880
+17%
|
3 018
+5%
|
3 153
+4%
|
3 399
+8%
|
3 570
+5%
|
3 876
+9%
|
4 227
+9%
|
4 481
+6%
|
4 731
+6%
|
5 191
+10%
|
5 378
+4%
|
5 467
+2%
|
5 722
+5%
|
5 982
+5%
|
6 314
+6%
|
6 848
+8%
|
7 172
+5%
|
7 615
+6%
|
8 120
+7%
|
7 347
-10%
|
6 240
-15%
|
5 540
-11%
|
5 657
+2%
|
5 651
0%
|
5 666
+0%
|
6 957
+23%
|
7 802
+12%
|
8 332
+7%
|
13 074
+57%
|
9 132
-30%
|
9 311
+2%
|
9 379
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(245)
|
(326)
|
(339)
|
(347)
|
(518)
|
(631)
|
(623)
|
(726)
|
(876)
|
(1 016)
|
(999)
|
(1 028)
|
(1 112)
|
(1 153)
|
(1 347)
|
(1 464)
|
(1 439)
|
(1 414)
|
(1 576)
|
(1 643)
|
(1 727)
|
(1 820)
|
(1 848)
|
(1 968)
|
(1 998)
|
(2 082)
|
(2 180)
|
(2 206)
|
(2 124)
|
(1 837)
|
(1 715)
|
(1 847)
|
(1 774)
|
(1 732)
|
(2 241)
|
(2 541)
|
(2 553)
|
(4 028)
|
(2 812)
|
(2 854)
|
(2 836)
|
|
Income from Continuing Operations |
569
|
649
|
663
|
660
|
917
|
1 022
|
1 086
|
1 306
|
1 585
|
1 864
|
2 019
|
2 125
|
2 287
|
2 417
|
2 530
|
2 764
|
3 043
|
3 317
|
3 615
|
3 737
|
3 740
|
3 901
|
4 134
|
4 346
|
4 850
|
5 090
|
5 435
|
5 914
|
5 223
|
4 403
|
3 825
|
3 810
|
3 877
|
3 934
|
4 716
|
5 261
|
5 779
|
9 046
|
6 320
|
6 457
|
6 543
|
|
Income to Minority Interest |
(12)
|
(15)
|
(7)
|
(4)
|
(6)
|
(8)
|
(9)
|
(11)
|
(16)
|
(14)
|
(21)
|
(22)
|
(20)
|
(24)
|
(20)
|
(21)
|
(16)
|
(13)
|
(18)
|
(13)
|
(10)
|
(8)
|
(10)
|
(10)
|
(6)
|
(6)
|
(7)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(20)
|
(22)
|
(18)
|
(23)
|
(29)
|
(42)
|
(15)
|
6
|
27
|
|
Net Income (Common) |
557
N/A
|
625
+12%
|
630
+1%
|
631
+0%
|
890
+41%
|
1 000
+12%
|
1 076
+8%
|
1 296
+20%
|
1 571
+21%
|
1 851
+18%
|
1 998
+8%
|
2 103
+5%
|
2 267
+8%
|
2 393
+6%
|
2 510
+5%
|
2 743
+9%
|
3 027
+10%
|
3 305
+9%
|
3 597
+9%
|
3 723
+4%
|
3 730
+0%
|
3 893
+4%
|
4 124
+6%
|
4 336
+5%
|
4 844
+12%
|
5 084
+5%
|
5 428
+7%
|
5 902
+9%
|
5 211
-12%
|
4 391
-16%
|
3 468
-21%
|
3 435
-1%
|
3 356
-2%
|
3 518
+5%
|
4 841
+38%
|
5 334
+10%
|
5 711
+7%
|
8 828
+55%
|
5 886
-33%
|
6 108
+4%
|
6 248
+2%
|
|
EPS (Diluted) |
1.07
N/A
|
1.19
+11%
|
1.2
+1%
|
1.2
N/A
|
1.68
+40%
|
1.91
+14%
|
2.03
+6%
|
2.45
+21%
|
2.99
+22%
|
3.53
+18%
|
3.92
+11%
|
4.13
+5%
|
4.48
+8%
|
4.72
+5%
|
4.96
+5%
|
5.42
+9%
|
5.82
+7%
|
6.17
+6%
|
6.72
+9%
|
6.96
+4%
|
6.98
+0%
|
7.24
+4%
|
7.67
+6%
|
8.07
+5%
|
9.01
+12%
|
9.45
+5%
|
9.61
+2%
|
10.55
+10%
|
9.35
-11%
|
7.91
-15%
|
6.24
-21%
|
6.2
-1%
|
6.05
-2%
|
6.34
+5%
|
8.74
+38%
|
9.7
+11%
|
10.41
+7%
|
16.16
+55%
|
10.77
-33%
|
11.18
+4%
|
11.43
+2%
|