| 
							
							
								| 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
								  | 
							
							|   | 
								Six months ended 30th June | 
							
							|   | 
								1997 US$m | 
								1996 US$m | 
							
							
								|   | 
								
									 
								 | 
							
							| Analysis by activity: | 
								  | 
								  | 
							
							| Company and subsidiaries | 
								  | 
								  | 
							
							
									 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
								 | 
							
							| 
									Continuing activities 
									Discontinued activities - Nestlé Dairy Farm  | 
								
									73.4 
									(6.0)
									 | 
								
									55.0 
									(2.1)
							
								|   | 
								
									 
								 | 
							 
							|   | 
								67.4 | 
								52.9 | 
							 
							
							 | Analysis by geographical area: | 
								  | 
								  | 
							 
							| Company and subsidiaries | 
								  | 
								  | 
							 
							
									 Asia (note(ii)) 
									 Australasia 
									 
									 Europe  
									 | 
								20.7   4.9 12.8 (1.7) | 
								25.9   11.8 9.9 (2.9) | 
							 
							
								| 
								Associates (note(i)) 
								  | 
							 
							
								
										 Asia 
										Australasia 
										 Europe
								 | 
								  18.4 - 18.3 | 
								  14.7 0.3 18.9 | 
							 
								
									 
								 | 
							 
							
									Continuing activities 
									Discontinued activities - Nestlé Dairy Farm | 
								
									73.4 
									(6.0)
									 | 
								
									55.0 
									(2.1)
							
							 
								|   | 
								
									 
								 | 
							 
							|   | 
								67.4 | 
								52.9 | 
							 
							
								
									Notes: (i) Share of results of Associates are shown after amortisation of goodwill.
									 
									(ii) Includes Corporate and Other.
									
								 | 
							 
						 |   |