Sainsbury Executive Summary

IFRS
2008 IFRS
2007 IFRS
2006 IFRS
2005 UK GAAP
2005 UK GAAP
2004
Financial results (£m)
Revenue 1 19,287 18,518 17,317 16,573 16,573 18,239
Revenue (inc VAT) - continuing operations 19,287 18,518 17,317 16,364 16,364 15,517

Underlying operating profit
Sainsbury’s Supermarkets 535 429 352 308 321 564
Sainsbury’s Bank - 2 (10) 17 13 26 535 431 342 325 334 590
Underlying net finance costs 2 (45) (51) (75) (88) (92) (60)
Share of post-tax (loss)/profit from joint ventures (2) – – 1 1 –
Underlying profit from continuing operations 3 488 380 267 238 243 530
Increase on previous year (%) 28.4 42.3 12.2 n/a
Underlying profit from discontinued operations - – – 11 11 145
Underlying profit before tax 4 488 380 267 249 254 675
Increase/(decrease) on previous year (%) 28.4 42.3 7.2 n/a (62.4) (2.9)

Earnings per share
Basic (pence) 19.1 19.2 3.8 4.1 3.5 20.7
(Decrease)/increase on previous year (%) (0.5) 405.3 (7.3) n/a (83.1) (12.7)

Underlying basic (pence) 19.6 14.7 10.5 8.3 9.0 23.4
Increase/(decrease) on previous year (%) 33.3 40.0 26.5 n/a (61.5) (3.3)
Proposed dividend per share (pence) 5 12.00 9.75 8.00 7.80 7.80 15.69

Retail statistics for UK food retailing
Number of outlets at financial year-end including checkout space 6
Sainsbury’s