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Dairy Farm's
core strategy is
to focus on
international
food retailing
and drugstore
operations.
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DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
INTERIM REPORT 1998
Notes 3-7
3.DISCONTINUED ACTIVITIES
Six months ended 30th June |
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| Profit before interest | Profit after tax and minority interest |
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| 1998 US$m |
1997 US$m |
1998 US$m |
1997 US$m |
|
| Trading results | 3.1 | (0.9) | 1.9 | (4.4) |
| Net profit on sale of European Operations |
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| Somerfield/Kwik Save, United Kingdom |
93.8 | - | 93.8 | - |
| Simago, Spain | 16.1 |
- |
16.1 |
- |
| 109.9 | - | 109.9 | - | |
| Cumulative historic exchange differences * |
(71.9) |
- |
(71.9) |
- |
| 38.0 |
- |
38.0 |
- |
|
| 41.1 |
(0.9) |
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