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1. BASIS OF PREPARATION
The unaudited half-year results have been prepared in conformity with International
Accounting Standards. There have been no changes to the accounting policies described in
the 1996 Financial Statements.
2. PROFIT BEFORE INTEREST
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Six months ended 30th June |
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1997 US$m |
1996 US$m |
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Analysis by activity: |
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Company and subsidiaries |
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Supermarkets
Convenience Stores
Drugstores/Pharmacies
Other Retail
Manufacturing and Trading
Corporate and Other Associates(Note (i))
Supermarkets
Restaurants
Other |
37.1
4.4
2.1
0.8
6.5
(14.2)
16.0
20.7
-
|
18.4
4.5
0.8
0.9
7.5
(11.0)
17.8
15.8
0.3
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Continuing activities
Discontinued activities - Nestlé Dairy Farm |
73.4
(6.0)
|
55.0
(2.1)
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67.4 |
52.9 |
Analysis by geographical area: |
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Company and subsidiaries |
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Asia (note(ii))
Australasia
Europe
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20.7 4.9 12.8 (1.7) |
25.9 11.8 9.9 (2.9) |
Associates (note(i))
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Asia
Australasia
Europe
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18.4 - 18.3 |
14.7 0.3 18.9 |
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Continuing activities
Discontinued activities - Nestlé Dairy Farm |
73.4
(6.0)
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55.0
(2.1)
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|
67.4 |
52.9 |
Notes: (i) Share of results of Associates are shown after amortisation of goodwill.
(ii) Includes Corporate and Other.
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