Tesco 2015 Annual Report Download - page 2

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FINANCIAL HEADLINES
Group sales
£69.7bn
(13/14: £70.9bn)
Group trading profit
£1.4bn
(13/14: £3.3bn)
Underlying profit
before tax
£961m
(13/14: £3.1bn)
Statutory profit/(loss)
before tax
£(6.4)bn
(13/14: £2.3bn)
Underlying diluted
earnings per share
9.42p
(13/14: 32.05p)
Net debt
£(8.5)bn
(13/14: £(6.6)bn)
“ Please keep the
prices low, the
shelves well
stocked and the
tills manned with
enough staff.”
Aylesbury
“ Continue to work on customer
service – it makes a big
difference.”
Newton Abbot
“ The store is of vital importance
to the local community, long
may it continue to be so.”
London
“ I think the store is
genuinely trying to
improve performance
and there is evidence
of progress.”
Ipswich
“ When I shop in Tesco
now there is an overall
better feel.”
Maldon
In this report:
Strategic report Page
Chairman’s statement 2
CEO introduction 3
Three priorities 5
Our business model 8
Key performance indicators 10
Financial review 12
Environmental and social review 18
Principal risks and uncertainties 22
Corporate governance 26
Financial statements 72
Other information 146