Statement of Operations

Investors

Share price

Investors

Share price

$m except per share amounts Notes FY2025
unaudited
FY2024 FY2023
Revenue 3 3,762 3,756 3,764
Cost of sales exclusive of items shown separately below   2,731 2,808 2,879
Gross profit   1,031 948 885
Selling, general and administrative expenses 2 546 514 496
Allowance for credit losses 3 18 13 19
Impairment of long-lived assets and goodwill 14/15/16 29 83 143
Loss (gain) on disposal of long-lived assets and other closure related (credits) costs 14/15/16 2 (57) 32
Depreciation and amortisation before landlord contributions on leased properties 14/16 357 333 386
Depreciation of landlord contributions (cost reimbursements) on leased properties 16 (64) (80) (93)
Operating income (loss)   143 142 (98)
Interest expense   (87) (64) (54)
Foreign currency gain (loss)   7 (17) 6
Gain on extinguishment of debt 17 1 16 -
Other finance costs   (21) (19) (19)
Income (loss) before income taxes and share of income (loss) from equity method investments   43 58 (165)
Income tax (expense) 6 (32) (40) (43)
Share of Income (loss) from equity method investments   4 - (1)
Net income (loss)   15 18 (209)
Net (loss) attributable to noncontrolling interests   (3) - (2)
Net income (loss) attributable to the Company   18 18 (207)
       
Net income (loss) per common share:        
Basic (¢)   1.8 1.8 (20.6)
Diluted (¢)   1.8 1.8 (20.6)
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