Income Statement Coles Group Limited

Equities

COL

AU0000030678

Food Retail & Distribution

Market Closed - Australian S.E. Other stock markets 12:11:54 2026-03-06 am EST			5-day change	1st Jan Change
21.15 ^AUD	-0.56%		+2.87%	-1.35%

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Published financial data: COLES GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	38.56B	39.37B	40.48B	43.57B	44.35B
Other Revenues, Total	370M	377M	108M	113M	135M
Total Revenues	38.93B	39.75B	40.59B	43.68B	44.49B
Cost of Goods Sold, Total	28.77B	29.21B	30.03B	32.3B	32.65B
Gross Profit	10.16B	10.54B	10.56B	11.38B	11.84B
Selling General & Admin Expenses, Total	6.88B	7.24B	7.4B	7.9B	8.32B
Depreciation & Amortization - (IS)	1.51B	1.52B	1.46B	1.52B	1.57B
Other Operating Expenses, Total	8.4B	8.77B	8.86B	9.42B	9.88B
Operating Income	1.76B	1.77B	1.7B	1.96B	1.95B
Interest Expense, Total	-413M	-379M	-371M	-411M	-513M
Net Interest Expenses	-413M	-379M	-371M	-411M	-513M
Income (Loss) On Equity Invest.	-5M	-7M	-13M	-18M	-5M
Other Non Operating Income (Expenses)	97M	79M	140M	134M	104M
EBT, Excl. Unusual Items	1.44B	1.46B	1.45B	1.67B	1.54B
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	3M	10M	11M	-55M	-4M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.45B	1.47B	1.46B	1.62B	1.54B
Income Tax Expense	441M	425M	423M	487M	457M
Earnings From Continuing Operations	1B	1.05B	1.04B	1.13B	1.08B
Earnings Of Discontinued Operations	-	-	56M	-10M	-
Net Income to Company	1B	1.05B	1.1B	1.12B	1.08B
Net Income - (IS)	1B	1.05B	1.1B	1.12B	1.08B
Net Income to Common Incl Extra Items	1B	1.05B	1.1B	1.12B	1.08B
Net Income to Common Excl. Extra Items	1B	1.05B	1.04B	1.13B	1.08B
Per Share Items
Net EPS - Basic	0.75	0.79	0.82	0.84	0.81
Basic EPS - Continuing Operations	0.75	0.79	0.78	0.85	0.81
Basic Weighted Average Shares Outstanding	1.33B	1.33B	1.33B	1.33B	1.34B
Net EPS - Diluted	0.75	0.79	0.82	0.84	0.8
Diluted EPS - Continuing Operations	0.75	0.79	0.78	0.84	0.8
Diluted Weighted Average Shares Outstanding	1.34B	1.33B	1.34B	1.34B	1.34B
Normalized Basic EPS	0.68	0.69	0.68	0.78	0.72
Normalized Diluted EPS	0.68	0.69	0.68	0.78	0.72
Dividend Per Share	0.61	0.63	0.66	0.68	0.69
Payout Ratio	80.3	76.14	76.87	76.3	82.39
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	2.33B	2.34B	2.28B	2.57B	2.63B
EBITA	1.76B	1.77B	1.7B	1.96B	1.95B
EBIT	1.76B	1.77B	1.7B	1.96B	1.95B
EBITDAR	3.03B	3.07B	3.05B	3.45B	3.59B
Total Revenues (As Reported)	38.93B	39.75B	40.59B	43.68B	44.49B
Effective Tax Rate - (Ratio)	30.5	28.85	28.87	30.15	29.75
Total Current Taxes	462M	383M	409M	459M	414M
Total Deferred Taxes	-21M	42M	42M	24M	43M
Normalized Net Income	902M	914M	909M	1.04B	962M
Interest on Long-Term Debt	390M	363M	343M	363M	425M
Supplemental Operating Expense Items
Marketing Expenses	242M	241M	234M	233M	244M
Selling and Marketing Expenses	242M	241M	234M	233M	244M
General and Administrative Expenses	448M	597M	641M	649M	636M
Net Rental Expense, Total	707M	734M	774M	882M	960M
Imputed Operating Lease Interest Expense	230M	226M	245M	305M	386M
Imputed Operating Lease Depreciation	477M	508M	529M	577M	574M
Stock-Based Comp., G&A Exp. (Total)	36M	25M	37M	28M	27M
Total Stock-Based Compensation	36M	25M	37M	28M	27M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	787M	589M	597M	675M	705M
Total Cash And Short Term Investments	787M	589M	597M	675M	705M
Accounts Receivable, Total	305M	375M	451M	360M	371M
Other Receivables	63M	137M	158M	136M	144M
Total Receivables	368M	512M	609M	496M	515M
Inventory	2.11B	2.45B	2.32B	2.7B	2.73B
Prepaid Expenses	85M	83M	82M	102M	109M
Other Current Assets, Total	87M	119M	141M	10M	116M
Total Current Assets	3.43B	3.75B	3.75B	3.99B	4.18B
Gross Property Plant And Equipment	16.39B	17.07B	16.83B	18.48B	19.14B
Accumulated Depreciation	-4.64B	-5.06B	-5.33B	-5.81B	-6.34B
Net Property Plant And Equipment	11.75B	12.01B	11.49B	12.67B	12.81B
Long-term Investments	220M	219M	220M	225M	240M
Goodwill	1.16B	1.16B	1.12B	1.15B	1.15B
Other Intangibles, Total	542M	704M	920M	1.05B	1.1B
Deferred Tax Assets Long-Term	873M	822M	740M	717M	671M
Other Long-Term Assets, Total	147M	174M	53M	72M	151M
Total Assets	18.12B	18.84B	18.29B	19.87B	20.29B
Liabilities
Accounts Payable, Total	2.79B	3.21B	3.28B	3.41B	3.6B
Accrued Expenses, Total	888M	830M	846M	861M	865M
Current Portion of Long-Term Debt	-	-	-	-	150M
Current Portion of Leases	897M	914M	820M	911M	928M
Current Income Taxes Payable	60M	-	-	73M	-
Other Current Liabilities	1.18B	1.46B	1.46B	1.51B	1.32B
Total Current Liabilities	5.82B	6.42B	6.41B	6.77B	6.86B
Long-Term Debt	1.14B	1.1B	1.12B	1.65B	1.83B
Long-Term Leases	7.86B	7.77B	7.03B	7.51B	7.42B
Pension & Other Post Retirement Benefits	91M	72M	65M	71M	72M
Other Non Current Liabilities	399M	363M	316M	253M	311M
Total Liabilities	15.31B	15.71B	14.94B	16.25B	16.49B
Common Stock, Total	1.58B	1.64B	1.73B	1.75B	1.79B
Retained Earnings	1.16B	1.39B	1.61B	1.84B	2B
Comprehensive Income and Other	69M	95M	15M	25M	24M
Total Common Equity	2.81B	3.12B	3.36B	3.62B	3.81B
Total Equity	2.81B	3.12B	3.36B	3.62B	3.81B
Total Liabilities And Equity	18.12B	18.84B	18.29B	19.87B	20.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.33B	1.33B	1.33B	1.33B	1.34B
ECS Total Common Shares Outstanding	1.33B	1.33B	1.33B	1.33B	1.34B
Book Value / Share	2.12	2.35	2.52	2.71	2.85
Tangible Book Value	1.12B	1.26B	1.32B	1.41B	1.56B
Tangible Book Value Per Share	0.84	0.95	0.99	1.06	1.17
Total Debt	9.9B	9.78B	8.97B	10.07B	10.33B
Net Debt	9.11B	9.19B	8.37B	9.39B	9.62B
Debt Equivalent Oper. Leases	5.66B	5.87B	6.19B	7.06B	7.68B
Equity Method Investments, Total	220M	219M	220M	225M	240M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	2.11B	2.45B	2.32B	2.7B	2.73B
Land - (BS)	349M	419M	534M	731M	723M
Buildings, Total	310M	268M	164M	151M	117M
Machinery, Total	7.3B	7.94B	8.44B	9.28B	9.96B
Full Time Employees	120K	120K	120K	115K	115K
Accumulated Allowance for Doubtful Accounts (Supple)	10M	11M	19M	24M	16M

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	1B	1.05B	1.1B	1.12B	1.08B
Depreciation & Amortization - CF	1.46B	1.46B	1.4B	1.43B	1.6B
Depreciation & Amortization, Total	1.46B	1.46B	1.4B	1.43B	1.6B
Amortization of Deferred Charges, Total - (CF)	97M	108M	132M	171M	229M
(Gain) Loss From Sale Of Asset	12M	14M	16M	-12M	11M
Asset Writedown & Restructuring Costs	-3M	-10M	-11M	55M	4M
(Income) Loss On Equity Investments - (CF)	5M	7M	13M	18M	5M
Stock-Based Compensation (CF)	32M	25M	37M	28M	27M
Net Cash From Discontinued Operations	-	-	28M	-	-
Other Operating Activities, Total	13M	5M	1M	10M	-7M
Change In Accounts Receivable	66M	-102M	-135M	119M	18M
Change In Inventories	59M	-341M	39M	-372M	-30M
Change In Accounts Payable	-77M	675M	102M	162M	85M
Change In Income Taxes	102M	-102M	38M	76M	-101M
Change In Deferred Taxes	-24M	51M	46M	24M	43M
Change in Other Net Operating Assets	88M	-151M	5M	-35M	-27M
Cash from Operations	2.84B	2.69B	2.81B	2.79B	2.94B
Capital Expenditure	-1.28B	-1.27B	-1.51B	-1.67B	-1.49B
Sale of Property, Plant, and Equipment	181M	136M	248M	255M	205M
Cash Acquisitions	-	-	-	-74M	-
Divestitures	-	-	280M	-	-
Investment in Marketable and Equity Securities, Total	-8M	-6M	-14M	-23M	-20M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-25M
Other Investing Activities, Total	-	-	-	-	-37M
Cash from Investing	-1.11B	-1.14B	-1B	-1.51B	-1.36B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	7.23B	5.08B	10.81B	600M	300M
Total Debt Issued	7.23B	5.08B	10.81B	600M	300M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-8.34B	-6.03B	-11.7B	-909M	-911M
Total Debt Repaid	-8.34B	-6.03B	-11.7B	-909M	-911M
Repurchase of Common Stock	-26M	-	-71M	-40M	-42M
Common Dividends Paid	-807M	-798M	-844M	-853M	-889M
Common & Preferred Stock Dividends Paid	-807M	-798M	-844M	-853M	-889M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-1.94B	-1.75B	-1.8B	-1.2B	-1.54B
Net Change in Cash	-205M	-198M	8M	78M	30M
Supplemental Items
Cash Interest Paid	437M	404M	429M	420M	533M
Cash Income Tax Paid (Refund)	358M	485M	370M	382M	515M
Levered Free Cash Flow	1.43B	1.26B	976M	1.05B	1.03B
Unlevered Free Cash Flow	1.68B	1.49B	1.21B	1.3B	1.35B
Change In Net Working Capital	-266M	-64M	-94M	-116M	244M
Net Debt Issued / Repaid	-1.1B	-948M	-884M	-309M	-611M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.05	5.99	5.72	6.44	6.08
Return on Total Capital	8.56	8.64	8.41	9.44	8.78
Return On Equity %	37.03	35.3	32.16	32.35	29.07
Return on Common Equity	37.03	35.3	32.16	32.35	29.07
Margin Analysis
Gross Profit Margin %	26.09	26.51	26.01	26.06	26.61
SG&A Margin	17.68	18.22	18.23	18.09	18.69
EBITDA Margin %	5.97	5.88	5.61	5.87	5.9
EBITA Margin %	4.53	4.45	4.18	4.5	4.39
EBIT Margin %	4.53	4.45	4.18	4.5	4.39
Income From Continuing Operations Margin %	2.58	2.64	2.57	2.58	2.43
Net Income Margin %	2.58	2.64	2.7	2.56	2.43
Net Avail. For Common Margin %	2.58	2.64	2.57	2.58	2.43
Normalized Net Income Margin	2.32	2.3	2.24	2.39	2.16
Levered Free Cash Flow Margin	3.66	3.16	2.41	2.4	2.31
Unlevered Free Cash Flow Margin	4.33	3.76	2.98	2.98	3.03
Asset Turnover
Asset Turnover	2.13	2.15	2.19	2.29	2.22
Fixed Assets Turnover	3.31	3.35	3.45	3.62	3.49
Receivables Turnover (Average Receivables)	126.64	115.79	98.02	107.45	121.35
Inventory Turnover (Average Inventory)	13.47	12.83	12.59	12.85	12.01
Short Term Liquidity
Current Ratio	0.59	0.58	0.59	0.59	0.61
Quick Ratio	0.2	0.17	0.19	0.17	0.18
Operating Cash Flow to Current Liabilities	0.49	0.42	0.44	0.41	0.43
Days Sales Outstanding (Average Receivables)	2.87	3.14	3.71	3.45	3
Days Outstanding Inventory (Average Inventory)	27.03	28.38	28.91	28.87	30.3
Average Days Payable Outstanding	36.08	36.98	39.5	38	39.04
Cash Conversion Cycle (Average Days)	-6.18	-5.46	-6.88	-5.69	-5.73
Long Term Solvency
Total Debt/Equity	351.87	312.93	267.19	278.38	271.33
Total Debt / Total Capital	77.87	75.78	72.77	73.57	73.07
LT Debt/Equity	319.98	283.67	242.76	253.19	243.01
Long-Term Debt / Total Capital	70.81	68.7	66.11	66.92	65.44
Total Liabilities / Total Assets	84.48	83.41	81.65	81.8	81.25
EBIT / Interest Expense	4.27	4.67	4.58	4.78	3.81
EBITDA / Interest Expense	7.81	8.53	8.35	8.26	6.93
(EBITDA - Capex) / Interest Expense	4.71	5.17	4.26	4.2	4.03
Total Debt / EBITDA	3.07	3.02	2.9	2.96	2.91
Net Debt / EBITDA	2.82	2.84	2.7	2.77	2.71
Total Debt / (EBITDA - Capex)	5.08	4.99	5.67	5.84	5
Net Debt / (EBITDA - Capex)	4.68	4.68	5.29	5.45	4.66
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.04	2.03	5.87	7.62	1.84
Gross Profit, 1 Yr. Growth %	4.29	3.48	6.15	7.84	4.84
EBITDA, 1 Yr. Growth %	7.59	-0.47	-1.21	12.69	2.38
EBITA, 1 Yr. Growth %	8.96	-0.95	-2.25	15.72	-0.56
EBIT, 1 Yr. Growth %	8.96	-0.95	-2.25	15.72	-0.56
Earnings From Cont. Operations, 1 Yr. Growth %	2.76	4.28	-0.29	8.25	-4.34
Net Income, 1 Yr. Growth %	2.76	4.28	4.77	1.82	-3.49
Normalized Net Income, 1 Yr. Growth %	12.91	1.39	-0.14	14.86	-7.78
Diluted EPS Before Extra, 1 Yr. Growth %	2.73	4.52	-0.76	8.22	-4.51
Accounts Receivable, 1 Yr. Growth %	0.33	22.95	20.27	-20.18	3.06
Inventory, 1 Yr. Growth %	-2.72	16.18	-5.11	16.36	1.11
Net Property, Plant and Equip., 1 Yr. Growth %	-0.31	2.17	-4.28	10.22	1.11
Total Assets, 1 Yr. Growth %	-1.23	3.93	-2.89	8.63	2.13
Tangible Book Value, 1 Yr. Growth %	9.53	13	4.84	7.04	10.33
Common Equity, 1 Yr. Growth %	7.57	11.06	7.43	7.78	5.23
Cash From Operations, 1 Yr. Growth %	11.17	-5.18	4.35	-0.5	5.12
Capital Expenditures, 1 Yr. Growth %	53.54	-0.55	19.03	10.37	-11.01
Levered Free Cash Flow, 1 Yr. Growth %	-11.65	-12.73	-15.06	7.16	-1.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-10.58	-12.04	-11.33	7.85	3.31
Dividend Per Share, 1 Yr. Growth %	6.09	3.28	4.76	3.03	1.47
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.61	2.56	2.08	6.74	4.69
Gross Profit, 2 Yr. CAGR %	5.02	4	1.82	7	5.89
EBITDA, 2 Yr. CAGR %	15.69	3.99	-1.54	5.51	7.41
EBITA, 2 Yr. CAGR %	20.15	4.56	-2.52	6.36	7.27
EBIT, 2 Yr. CAGR %	20.15	4.56	-2.52	6.36	7.27
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.45	3.52	1.82	3.9	1.76
Net Income, 2 Yr. CAGR %	-16.31	3.52	4.52	3.29	-0.87
Normalized Net Income, 2 Yr. CAGR %	-5.42	6.99	0.38	7.1	2.91
Diluted EPS Before Extra, 2 Yr. CAGR %	-3.47	3.62	1.71	3.63	1.66
Accounts Receivable, 2 Yr. CAGR %	18.28	11.07	21.6	-2.02	-9.3
Inventory, 2 Yr. CAGR %	3.55	6.31	5	5.08	8.47
Net Property, Plant and Equip., 2 Yr. CAGR %	68.9	0.92	-1.11	2.72	5.57
Total Assets, 2 Yr. CAGR %	36.15	1.32	0.47	2.71	5.33
Tangible Book Value, 2 Yr. CAGR %	-21.64	11.25	8.85	5.94	8.67
Common Equity, 2 Yr. CAGR %	-8.46	9.3	9.23	7.6	6.49
Cash From Operations, 2 Yr. CAGR %	11.67	2.67	-0.53	1.9	2.27
Capital Expenditures, 2 Yr. CAGR %	7.63	23.57	8.8	14.62	-0.9
Levered Free Cash Flow, 2 Yr. CAGR %	-28.68	-11.75	-17.68	-4.6	2.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.23	-10.94	-15.67	-2.21	5.56
Dividend Per Share, 2 Yr. CAGR %	59.43	4.67	4.02	3.89	2.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.18	1.1	2.42	3.89	5.08
Gross Profit, 3 Yr. CAGR %	4.02	4.58	2.72	3.79	5.98
EBITDA, 3 Yr. CAGR %	8.94	10.39	1.74	2.99	4.46
EBITA, 3 Yr. CAGR %	10.87	13.14	1.6	3.22	4
EBIT, 3 Yr. CAGR %	10.87	13.14	1.6	3.22	4
Earnings From Cont. Operations, 3 Yr. CAGR %	-0.6	-0.94	2.14	3.92	1.07
Net Income, 3 Yr. CAGR %	-13.98	-9.95	3.93	3.62	0.98
Normalized Net Income, 3 Yr. CAGR %	-0.82	-3.2	4.39	4.99	1.89
Diluted EPS Before Extra, 3 Yr. CAGR %	-0.62	-0.88	2.05	3.84	0.84
Accounts Receivable, 3 Yr. CAGR %	1.38	19.82	14.05	5.68	-0.36
Inventory, 3 Yr. CAGR %	-15.09	7.6	2.36	8.66	3.74
Net Property, Plant and Equip., 3 Yr. CAGR %	31.03	42.85	-0.84	2.53	2.18
Total Assets, 3 Yr. CAGR %	13.05	24.43	-0.1	3.12	2.52
Tangible Book Value, 3 Yr. CAGR %	-4.59	-11.47	9.07	8.24	7.38
Common Equity, 3 Yr. CAGR %	-4.7	-2.37	8.67	8.74	6.8
Cash From Operations, 3 Yr. CAGR %	14.1	5.74	3.23	-0.52	2.96
Capital Expenditures, 3 Yr. CAGR %	21.41	4.83	22.04	9.32	5.34
Levered Free Cash Flow, 3 Yr. CAGR %	-	-23.46	-15.43	-10.12	-3.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-18.74	-13.76	-8.46	-0.4
Dividend Per Share, 3 Yr. CAGR %	-	37.95	4.7	3.69	3.08
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	0.73	2.58	3.32
Gross Profit, 5 Yr. CAGR %	-	-	3.18	4.33	3.98
EBITDA, 5 Yr. CAGR %	-	-	4.82	8.1	3.97
EBITA, 5 Yr. CAGR %	-	-	5.58	9.97	3.83
EBIT, 5 Yr. CAGR %	-	-	5.58	9.97	3.83
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	0.36	0.91	1.98
Net Income, 5 Yr. CAGR %	-	-	-7.01	-4.87	1.98
Normalized Net Income, 5 Yr. CAGR %	-	-	-0.34	0.7	3.8
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	0.31	0.85	1.89
Accounts Receivable, 5 Yr. CAGR %	-	-	9.03	10.55	4.06
Inventory, 5 Yr. CAGR %	-	-	-7.56	6.59	4.76
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	17.08	25.19	1.68
Total Assets, 5 Yr. CAGR %	-	-	7.84	15.24	2.04
Tangible Book Value, 5 Yr. CAGR %	-	-	0.57	-4.88	8.91
Common Equity, 5 Yr. CAGR %	-	-	0.65	1.5	7.8
Cash From Operations, 5 Yr. CAGR %	-	-	8.01	4.19	2.84
Capital Expenditures, 5 Yr. CAGR %	-	-	16.2	8.64	12.29
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-17.89	-8.67
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-14.09	-6.5
Dividend Per Share, 5 Yr. CAGR %	-	-	-	23.16	3.71