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Sales growth (inc. VAT) Revenue (exc. VAT)
Constant rates Actual rates
Continuing operations Like–for–like
%
Net new
stores
%
Total
%
Total
%
In local
currency
m £m
Average
exchange
rate
Closing
exchange
rate
Malaysia
TY
LY
–
–
2
6
2
6
(1)
5
4,675
4,591
931
937
5.021
4.900
5.509
4.733
South Korea
TY
LY
(4)
(5)
4
5
–
–
3
(1)
9,420,754
9,421,714
5,474
5,311
1,721
1,774
1,792
1,656
Thailand
TY
LY
(6)
3
9
13
3
16
3
16
188,348
183,470
3,836
3,742
49.10
49.03
54.38
45.57
India
TY
LY
29
25
(2)
–
27
25
16
11
6,407
4,884
68
57
94.22
85.68
103.9
82.84
Czech Republic
TY
LY
(4)
(7)
1
5
(3)
(2)
(4)
(10)
40,316
42,009
1,298
1,356
31.0 6
30.98
33.26
29.38
Hungary1
TY
LY
1
(1)
(2)
1
(1)
–
–
(9)
563,741
569,648
1,597
1,606
353.0
354.7
376.9
337.7
Poland
TY
LY
(3)
(4)
4
5
1
1
4
(5)
11, 209
11,150
2,259
2,176
4.962
5.124
5.047
4.797
Slovakia
TY
LY
(5)
(1)
3
7
(2)
6
2
(1)
1,340
1,371
1,134
1,114
1.182
1. 231
1.215
1.154
Turkey
TY
LY
(4)
–
4
13
–
13
(9)
8
2,112
2,123
679
745
3.110
2.850
3.644
2.736
Republic of Ireland
TY
LY
(6)
(1)
–
3
(6)
2
(2)
(5)
2,694
2,850
2,279
2, 315
1.182
1. 231
1.215
1.154
Franchising2
TY
LY
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
25
9
21
7
1.182
1. 231
1.215
1.154
Discontinued operations
China
TY
LY
(4)
(1)
5
7
1
6
5
9
14,502
14,307
1,504
1,431
9.642
10.00
10.18
9.526
Notes
1 Following the introduction of legislation preventing large retailers from selling tobacco in mid-July 2013, Hungary like-for-like growth is shown on an excluding
tobacco basis.
2 Wholesale sales to F&F franchisees.
International sales performance (inc. Petrol, exc. IFRIC 13)
Tesco PLC Annual Report and Financial Statements 2014 137
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