Financial performance

Sainsburys store in Dawlish, Devon

Financial performance

  201520142013120122011
Financial results (£m)
Retail Sales (inc VAT, inc fuel)
25,813 26,328 25,632 24,511 22,943
 
Underlying operating profit          
Retailing 720 873 831 789 738
Financial Services 62 6 - - -
Underlying net finance costs (107) (111) (111) (109) (97)
Share of post-tax profit/(loss) from joint ventures  6 30 38 32 24
Underlying profit before tax  681 798 758 712 665
 
Increase on previous year (%) (14.7) 5.3 6.5 7.1 9.0
 
Retailing underlying operating profit margin (%)  3.07 3.65 3.57 3.54 3.50
Earnings per share          
Underlying basic (pence) 26.4 32.8 30.8 28.1 26.5
Increase on previous year (%) (19.5) 6.5 9.6 6.0 10.9
Proposed dividend per share (pence) 13.2 17.3 16.7 16.10 15.10
 
Retail statistics for UK food retailing
Number of outlets at financial year-end excluding checkout space
Sainsbury's Supermarkets
over 55,000 sq ft sales area 106 101 94 81 64
40,001 - 55,000 sq ft sales area 132 127 123 123 124
25,001 - 40,000 sq ft sales area 143 146 147 152 155
15,000 - 25,000 sq ft sales area 115 116 118 115 113
under 15,000 sq ft sales area 808 713 624 541 478
  1,304 1,203 1,106 1,012 934
 
Sales area (000 sq ft) 22,819 22,160 21,265 20,347 19,108
Net increase on previous year (%) 3.0 4.2 4.5 6.5 7.7
New stores 106 101 101 92 68
Sales intensity (including VAT)
Per sq ft (£ per week) 18.24 18.93 19.27 19.47 20.04
  1. Restated for changes to IAS