IFRS 16 ‘Leases’ applies to the Company’s consolidated financial statements from the financial year commencing 1 February 2019. Kingfisher is adopting the full retrospective transition option, and therefore restating its comparatives.
The Company’s half year 2019/20 results announcement, which will be released on 18 September 2019, will include interim condensed consolidated financial statements prepared on an IFRS 16 ‘Leases’ basis, with fully restated half year and full year comparatives.
|B&Q UK & Ireland||-1.9%||-0.2%||0.2%|
|Total UK & Ireland||0.2%||0.9%||1.2%|
|Brico Dépôt France||-2.2%||0.6%||0.9%|
|£ millions||Jan 2019/20
|UK & Ireland||385||396||402|
|Total retail profit||721||753||772|
|Associate and JV interest and tax||-4||-4||-4|
|Profit after tax||431||492||519|
|Underlying EPS (p)||22.7||23.9||24.7|
|Adjusted EPS (p)||20.3||23.1||24.5|
|Ordinary DPS (p)||10.8||11.4||11.9|
Information correct as at 12 August 2019.
Save as described below, the figures above are a simple arithmetic average of recent forecasts that have been provided to Kingfisher by registered investment analysts. The figures do not give greater weight to the forecasts of any individual analyst and may or may not represent the market consensus. These average estimates are not endorsed by Kingfisher, nor does Kingfisher assume any obligation to update or revise them after the date above. Kingfisher reserves the right, from time to time, with or without notice, to exclude one or more analysts’ forecasts on the basis that Kingfisher believes them to be unrepresentative and/or out of date.