Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
Famous Brands
On this page
Company details
- Legal name
- Famous Brands Limited
- Incorporated in
- South Africa
- Listing
- FBR on the A2X Markets, active · ISIN ZAE000053328 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 28 February
Overview
Year ended 29 February 2024 · audited financial statements, signed / final · source
Read with these figures
- Auditor's emphasis of matter. Key audit matter (group): impairment of goodwill, trademarks and brand names intangible assets (notes 2 and 13) (p11); no key audit matters for the separate statements (p10).
Full wording and sources
Auditor's emphasis of matter
Key audit matter (group): impairment of goodwill, trademarks and brand names intangible assets (notes 2 and 13) (p11); no key audit matters for the separate statements (p10). No emphasis-of-matter or material-uncertainty paragraph.
Source: Famous Brands Consolidated and Company Financial Statements 2024 for the year ended 29 February (dated 2024-05-20)
-
Revenue
ZAR 8.02 billion
8,023,793 ZAR thousands · p16
+7.8% vs 2023
-
Operating profit / (loss)
ZAR 812 million
811,926 ZAR thousands · p16
−5.7% vs 2023
-
Profit / (loss) for the year
ZAR 484 million
483,705 ZAR thousands · p16
−12.9% vs 2023
-
Total assets
ZAR 3.55 billion
3,552,606 ZAR thousands · p15
+3.5% vs 2023
-
Total equity
ZAR 1.08 billion
1,078,771 ZAR thousands · p15
+10.6% vs 2023
-
Cash from operations
ZAR 344 million
343,715 ZAR thousands · p19
+6.7% vs 2023
Large amounts are rounded for reading (ZAR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZAR thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY to 29 Feb 2024 — audited financial statements, signed / final; reported for the year · source
- FY to 28 Feb 2023 — audited financial statements, signed / final; comparative in the FY to 29 Feb 2024 filing · source
Income statement
| Line (as printed) | FY to 29 Feb 2024Audited financial statementsreported for the year | FY to 28 Feb 2023Audited financial statementscomparative in FY to 29 Feb 2024 filing |
|---|---|---|
| Revenue | 8,023,793 | 7,443,924 |
| Cost of sales | (4,639,859) | (4,267,922) |
| Gross profit | 3,383,934 | 3,176,002 |
| Other income | 28,268 | 126,386 |
| Expected credit loss | 10,121 | (2,977) |
| Administration expenses | (190,664) | (165,120) |
| Marketing expenses1 | (659,538) | (614,198) |
| Operations expenses2 | (1,747,306) | (1,618,516) |
| Operating profit before impairment of intangible assets | 824,815 | 901,577 |
| Impairment of intangible assets3 | (12,889) | (40,643) |
| Operating profit | 811,926 | 860,934 |
| Net finance costs4 | (120,396) | (81,920) |
| Finance costs | (160,931) | (122,498) |
| Finance income | 40,535 | 40,578 |
| Share of profit from associates | 10,095 | 8,685 |
| Devaluation of loan to associate*5 | (18,080) | –6 |
| Impairment of loan to associate7 | –6 | (18,454) |
| Profit before tax | 683,545 | 769,245 |
| Tax | (199,840) | (213,986) |
| Total profit for the year | 483,705 | 555,259 |
| Non-controlling interests8 | 26,139 | 31,150 |
| Exchange differences on translating foreign operations**9 | 15,220 | 22,547 |
| Movement in hedge accounting reserve**10 | (442) | (4,626) |
| Total comprehensive income for the year | 498,483 | 573,180 |
- Printed “–”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (9)
- “Marketing expenses” is an issuer-specific line, not mapped to a shared definition: Operating expenses by function.
- “Operations expenses” is an issuer-specific line, not mapped to a shared definition: Operating expenses by function.
- “Impairment of intangible assets” is an issuer-specific line, not mapped to a shared definition: Note 2.
- “Net finance costs” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of finance costs and finance income.
- “Devaluation of loan to associate*” is an issuer-specific line, not mapped to a shared definition: Note 3: foreign currency loss on the remeasurement of a Naira-denominated loan to an associate (footnote *).
- “Impairment of loan to associate” is an issuer-specific line, not mapped to a shared definition: Note 3 (2023).
- “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Attribution of profit for the year.
- “Exchange differences on translating foreign operations**” is an issuer-specific line, not mapped to a shared definition: OCI item that may be reclassified (footnote **), net of tax.
- “Movement in hedge accounting reserve**” is an issuer-specific line, not mapped to a shared definition: OCI item that may be reclassified (footnote **), net of tax.
Balance sheet
| Line (as printed) | FY to 29 Feb 2024Audited financial statementsreported for the year | FY to 28 Feb 2023Audited financial statementscomparative in FY to 29 Feb 2024 filing |
|---|---|---|
| Non-current assets | 1,955,567 | 1,891,299 |
| Property, plant and equipment | 923,997 | 904,148 |
| Intangible assets | 868,771 | 850,458 |
| Investments in associates | 39,841 | 12,065 |
| Investment in preference shares1 | 9,031 | 3,490 |
| Loans to associates2 | 10,663 | 22,222 |
| Lease receivables3 | 3,363 | 7,010 |
| Deferred tax | 99,901 | 91,906 |
| Current assets | 1,597,039 | 1,541,401 |
| Inventories | 572,906 | 531,211 |
| Trade and other receivables | 583,672 | 550,623 |
| Cash and cash equivalents | 352,750 | 310,934 |
| Restricted cash4 | 71,832 | 134,577 |
| Lease receivables3 | 2,091 | 2,152 |
| Derivative financial instruments | 3,162 | 3,970 |
| Current tax assets | 10,626 | 7,934 |
| Total assets | 3,552,606 | 3,432,700 |
| Share capital | 1,002 | 1,002 |
| Share premium | 163,441 | 163,441 |
| Non-distributable reserves5 | 153,327 | 143,263 |
| Foreign currency translation reserve6 | 92,674 | 77,454 |
| Retained earnings | 541,402 | 458,691 |
| Equity attributable to owners of Famous Brands Limited | 951,846 | 843,851 |
| Non-controlling interests | 126,925 | 131,933 |
| Total equity | 1,078,771 | 975,784 |
| Non-current liabilities | 1,409,561 | 1,400,512 |
| Borrowings | 1,075,688 | 1,023,170 |
| Lease liabilities | 245,343 | 287,464 |
| Provision7 | 2,421 | 2,194 |
| Deferred tax | 86,109 | 87,684 |
| Current liabilities | 1,064,274 | 1,056,404 |
| Trade and other payables | 806,239 | 755,608 |
| Borrowings | 125,552 | 116,693 |
| Lease liabilities | 76,559 | 51,473 |
| Shareholders for dividends | 3,245 | 2,802 |
| Current tax liabilities | 52,679 | 51,631 |
| Bank overdraft | –8 | 78,197 |
| Total liabilities | 2,473,835 | 2,456,916 |
| Total equity and liabilities | 3,552,606 | 3,432,700 |
- Printed “–”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (7)
- “Investment in preference shares” is an issuer-specific line, not mapped to a shared definition: Note 25.1; non-current.
- “Loans to associates” is an issuer-specific line, not mapped to a shared definition: Note 3; non-current.
- “Lease receivables” is an issuer-specific line, not mapped to a shared definition: Note 4.1.
- “Restricted cash” is an issuer-specific line, not mapped to a shared definition: Note 8.2; current, outside cash and cash equivalents.
- “Non-distributable reserves” is an issuer-specific line, not mapped to a shared definition: Share-based payment and other reserves (statement of changes in equity).
- “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: Equity.
- “Provision” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities.
Cash flow
| Line (as printed) | FY to 29 Feb 2024Audited financial statementsreported for the year | FY to 28 Feb 2023Audited financial statementscomparative in FY to 29 Feb 2024 filing |
|---|---|---|
| Cash generated from operations | 1,086,075 | 961,444 |
| Net finance costs paid1 | (120,817) | (89,566) |
| Finance income received | 38,199 | 28,377 |
| Finance costs paid2 | (159,016) | (117,943) |
| Income tax paid | (211,476) | (194,063) |
| Dividends paid3 | (410,067) | (355,611) |
| Dividends paid to owners of Famous Brands Limited | (371,307) | (330,284) |
| Dividends paid to non-controlling interests4 | (38,760) | (25,327) |
| Net cash inflow from operating activities | 343,715 | 322,204 |
| Additions to property, plant and equipment | (154,254) | (142,612) |
| Additions to intangible assets | (29,485) | (19,670) |
| Proceeds from disposal of property, plant and equipment | 20,406 | 7,850 |
| Proceeds from disposal of intangible assets5 | 3,612 | 4,211 |
| Investment in associate6 | (25,401) | –7 |
| Net cash outflow on investment in subsidiary8 | (6,396) | (184,315) |
| Net cash outflow on investment in preference shares9 | –7 | (3,500) |
| Dividends received from associates10 | 7,720 | 5,970 |
| Principal receipts from lease receivables11 | 5,291 | 6,494 |
| Loans to associates12 | (4,186) | (30,090) |
| Loan repayment from associate13 | –7 | 683 |
| Net cash outflow from investing activities | (182,693) | (354,979) |
| Net borrowings raised14 | 60,390 | 2,269 |
| Borrowings raised | 186,700 | 1,280,548 |
| Borrowings repaid | (126,310) | (1,278,279) |
| Settlement of interest rate swap15 | –16 | 11,825 |
| Non-controlling shareholder loans received17 | 220 | 711 |
| Principal repayments of lease obligations | (79,734) | (85,682) |
| Share-based payment grant settlements18 | (29,124) | (6,804) |
| Net cash outflow from financing activities | (48,248) | (77,681) |
| Net increase/(decrease) in cash and cash equivalents | 112,774 | (110,456) |
| Foreign currency effect | 7,239 | 9,758 |
| Cash and cash equivalents at the beginning of the year | 232,737 | 333,435 |
| Cash and cash equivalents at the end of the year | 352,750 | 232,737 |
- Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
- Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (16)
- “Net finance costs paid” is an issuer-specific line, not mapped to a shared definition: Printed subtotal in operating activities.
- “Finance costs paid”: mapping to a shared definition is uncertain. Printed 'Finance costs paid'; may include interest on lease liabilities (no separate line printed).
- “Dividends paid” is an issuer-specific line, not mapped to a shared definition: Printed subtotal: to owners and to non-controlling interests.
- “Dividends paid to non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Operating activities.
- “Proceeds from disposal of intangible assets” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Investment in associate” is an issuer-specific line, not mapped to a shared definition: Note 3; investing activities.
- “Net cash outflow on investment in subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 17.4; investing activities.
- “Net cash outflow on investment in preference shares” is an issuer-specific line, not mapped to a shared definition: Investing activities (2023).
- “Dividends received from associates” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Principal receipts from lease receivables” is an issuer-specific line, not mapped to a shared definition: Note 4.3; investing activities.
- “Loans to associates” is an issuer-specific line, not mapped to a shared definition: Note 3; investing activities.
- “Loan repayment from associate” is an issuer-specific line, not mapped to a shared definition: Investing activities (2023).
- “Net borrowings raised” is an issuer-specific line, not mapped to a shared definition: Printed subtotal: borrowings raised less repaid.
- “Settlement of interest rate swap” is an issuer-specific line, not mapped to a shared definition: Financing activities (2023).
- “Non-controlling shareholder loans received” is an issuer-specific line, not mapped to a shared definition: Note 17.5; financing activities.
- “Share-based payment grant settlements” is an issuer-specific line, not mapped to a shared definition: Financing activities.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 29 Feb 2024 | Dividends paid (cash flow statement) | Dividends paid to owners of Famous Brands Limited |
(371,307) | ZAR thousands | Audited financial statements, p19 |
| 28 Feb 2023 | Dividends paid (cash flow statement) | Dividends paid to owners of Famous Brands Limited |
(330,284) | ZAR thousands | Audited financial statements, p19 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Famous Brands Consolidated and Company Financial Statements 2024 for the year ended 29 February
Year ended 29 February 2024 · Audited financial statements · signed / final
Audit: KPMG Inc. (Director: NH Southon), unmodified opinion · signed
Auditor's sign-off: KPMG Inc., Registered Auditor, Per NH Southon, Director
Final status: Independent auditor's report on the consolidated and separate financial statements, unmodified, signed by hand 'KPMG Inc.' above 'KPMG Inc., Registered Auditor, Per NH Southon, Chartered Accountant (SA), Registered Auditor, Director, 20 May 2024', Parktown (PDF p13, page image). Board approval signed by hand by SL Botha (Independent Chairman) and DP Hele (CEO), each dated 20 May 2024 (PDF p9, page image).
- Document date
- 20 May 2024
- Auditor's report
- 20 May 2024
- Board approval
- 20 May 2024
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY to 29 Feb 2024, FY to 28 Feb 2023
- Basis
- consolidated statements · ZAR thousands (printed “R000”)
- Basic and diluted earnings per share are printed identically in cents (457; 2023: 523) under 'Basic earnings per share (cents)' (p17).
- Subtotals (non-current assets, current assets, non-current and current liabilities) are printed above their lines (p15). No other comprehensive income total is printed: two net-of-tax items (exchange differences 15 220, hedge reserve (442)) link profit (483 705) to total comprehensive income (498 483) (p16). Dividends paid are in operating activities (p19). Cash and cash equivalents at the beginning of 2024 (232 737) are net of the 2023 bank overdraft (310 934 less 78 197, p15); restricted cash (note 8.2) is outside cash and cash equivalents.
- The file is hosted on thevault.exchange, a third-party document host that the issuer's investor centre (famousbrands.co.za/investor-centre/) links its files from, listed there as '2024 Annual Financial Statements'.
Technical details
- File
- 114 pages, with a text layer
- SHA-256
abda797aad32684ad3b6953810d6eef7d3d821a40d4557028c625d44aaefbcf1- Entity as printed
- Famous Brands Limited (Registration number: 1969/004875/06; JSE share code FBR; ISIN ZAE000053328) (PDF p113)
- Issuer copy
- retrieved 2026-10-08T18:52:27Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.
South Africa country page · Company methodology and coverage