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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 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

TFG

TFG · A2X Markets · Incorporated in South Africa · Consolidated statements

On this page
Company details
Legal name
The Foschini Group Limited
Incorporated in
South Africa
Listing
TFG on the A2X Markets, active · ISIN ZAE000148466 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 March

Overview

Year ended 31 March 2026 · audited financial statements, final status not established · source

Read with these figures

  • Audited financial statements not confirmed as final. The published copy is unsigned. The FY to 31 Mar 2026 figures come from it.
Full wording and sources

  • Audited financial statements for 2024: final status not established

    Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 19 to 94 (unmodified opinion, PDF p16) closes on PDF p20 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J H W de Kock, Partner, 19 July 2024' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Supervisory Board on 19 July 2024; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

    Source: Audited Consolidated Annual Financial Statements for the year ended 31 March (The Foschini Group Limited, 2024) (dated 2024-07-19)

  • Audited financial statements for 2026: final status not established

    Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 20 to 90 (unmodified opinion, PDF p16) closes on PDF p22 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J M Bierman, Partner, 30 June 2026' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Board on 30 June 2026; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

    Source: Audited Consolidated Annual Financial Statements 2026 (dated 2026-06-30)

  • Revenue

    ZAR 62.4 billion

    62,423 ZAR millions · p24

    +7.1% vs 2025

  • Operating profit / (loss)

    ZAR 3.92 billion

    3,916 ZAR millions · p24

    −36.9% vs 2025

  • Profit / (loss) for the year

    ZAR 1.32 billion

    1,316 ZAR millions · p24

    −58.7% vs 2025

  • Total assets

    ZAR 60.2 billion

    60,205 ZAR millions · p23

    +0.9% vs 2025

  • Total equity

    Not reported in this filing

  • Cash from operations

    ZAR 6.62 billion

    6,616 ZAR millions · p26

    +15.0% vs 2025

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 millions 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 31 Mar 2026 — audited financial statements, final status not established; reported for the year · source
  • FY to 31 Mar 2025 — audited financial statements, final status not established; comparative in the FY to 31 Mar 2026 filing · source
  • FY to 31 Mar 2024 — audited financial statements, final status not established; reported for the year · source
    • Audited financial statements for 2024: final status not established. Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 19 to 94 (unmodified opinion, PDF p16) closes on PDF p20 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J H W de Kock, Partner, 19 July 2024' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Supervisory Board on 19 July 2024; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).
  • FY to 31 Mar 2023 — audited financial statements, final status not established; comparative in the FY to 31 Mar 2024 filing · source
    • Audited financial statements for 2024: final status not established. Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 19 to 94 (unmodified opinion, PDF p16) closes on PDF p20 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J H W de Kock, Partner, 19 July 2024' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Supervisory Board on 19 July 2024; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

Income statement

Income statement, ZAR millions. Columns: FY to 31 Mar 2026 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2025 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2026; FY to 31 Mar 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Mar 2026Audited financial statementsreported for the yearFY to 31 Mar 2025Audited financial statementscomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementsreported for the yearsource limitationsFY to 31 Mar 2023Audited financial statementscomparative in FY to 31 Mar 2024 filingsource limitations
Revenue1 67,070 62,558 60,112.12 55,212.4
Retail turnover3 62,423 58,271 56,220.74 51,778.1
Cost of turnover (32,366) (29,505) (29,266.4)5 (26,959.6)
Gross profit 30,057 28,766 26,954.36 24,818.5
Interest income7 2,132 2,128 2,075.48 1,673.8
Insurance revenue 392 284 247.0 205.7
Other income 2,123 1,875 1,579.0 1,554.8
Net bad debt (1,694) (1,388) (1,394.5)9 (1,351.1)
Insurance service expense (167) (122) (110.7)10 (91.1)
Trading expenses (27,908) (25,209) (23,393.6)11 (21,393.9)
Operating profit before acquisition costs and impairment of intangible assets1213 4,935 6,334 5,956.914 5,416.7
Acquisition costs15 –16 (63) –16 (5.6)
Impairment of brands1718 (1,019) (63) (15.6)19 –16
Operating profit before finance costs 3,916 6,208 5,945.820 5,411.1
Finance costs (2,051) (1,884) (1,770.2)21 (1,367.8)
Profit before tax 1,865 4,324 4,175.622 4,043.3
Income tax23 (549) (1,135) (1,144.4)24 (1,017.5)
Profit for the year 1,316 3,189 3,031.225 3,025.8
Actuarial loss on post-retirement defined benefit plan2627 (5) –28 43.329 –28
Deferred taxation thereon3031 1 –28 (11.7)32 –28
Movement in effective portion of changes in fair value of cash flow hedges33 (106) 53 (144.9)34 330.1
Deferred taxation thereon3536 32 (15) 42.129 (96.5)
Foreign currency translation reserve movements37 42 (401) 350.338 746.8
Other comprehensive loss for the year, net of tax39 (36) (363) 279.140 980.4
Total comprehensive income for the year 1,280 2,826 3,310.341 4,006.2
Equity holders of The Foschini Group Limited42 1,280 2,826 3,310.341 4,006.2
Gain on bargain purchase43 Not reported in this filing44 Not reported in this filing4645 4.547 –16
  1. Printed “–”, read as nil: subtotal_arithmetic: is.operating_profit.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (45)
  1. “Revenue” is an issuer-specific line, not mapped to a shared definition: Memorandum line printed above retail turnover (note 27): retail turnover plus interest income, insurance revenue and other income; not part of the gross profit calculation.
  2. Audited financial statements dated 2025-06-27 prints 60 122 (millions, p25) for this line and year.
  3. “Retail turnover”: mapping to a shared definition is uncertain. Printed 'Retail turnover', the first line of the gross profit calculation; the issuer's broader 'Revenue' memorandum line (turnover plus interest income, insurance revenue and other income) is kept as a native concept.
  4. Audited financial statements dated 2025-06-27 prints 56 221 (millions, p25) for this line and year.
  5. Audited financial statements dated 2025-06-27 prints (29 266) (millions, p25) for this line and year.
  6. Audited financial statements dated 2025-06-27 prints 26 955 (millions, p25) for this line and year.
  7. “Interest income” is an issuer-specific line, not mapped to a shared definition: Interest income (note 28), mainly on retail trade receivables, printed above operating profit.
  8. Audited financial statements dated 2025-06-27 prints 2 075 (millions, p25) for this line and year.
  9. Audited financial statements dated 2025-06-27 prints (1 394) (millions, p25) for this line and year.
  10. Audited financial statements dated 2025-06-27 prints (111) (millions, p25) for this line and year.
  11. Audited financial statements dated 2025-06-27 prints (23 394) (millions, p25) for this line and year.
  12. “Operating profit before acquisition costs and impairment of intangible assets” is an issuer-specific line, not mapped to a shared definition: Printed subtotal above acquisition costs, gain on bargain purchase and impairment; label varies by year.
  13. Printed under different labels across filings: “Operating profit before acquisition costs and impairment of intangible assets”; “Operating profit before acquisition costs, gain on bargain purchase and impairment of goodwill”.
  14. Audited financial statements dated 2025-06-27 prints 5 957 (millions, p25) for this line and year.
  15. “Acquisition costs” is an issuer-specific line, not mapped to a shared definition: Between the operating subtotal and operating profit before finance costs.
  16. “Impairment of brands” is an issuer-specific line, not mapped to a shared definition: Impairment of goodwill and/or brands (note 3), between the operating subtotal and operating profit before finance costs; label varies by year ('Impairment of brands', 'Impairment of goodwill and brands', 'Impairment of goodwill').
  17. Printed under different labels across filings: “Impairment of brands”; “Impairment of goodwill”.
  18. Audited financial statements dated 2025-06-27 prints (16) (millions, p25) for this line and year.
  19. Audited financial statements dated 2025-06-27 prints 5 945 (millions, p25) for this line and year.
  20. Audited financial statements dated 2025-06-27 prints (1 770) (millions, p25) for this line and year.
  21. Audited financial statements dated 2025-06-27 prints 4 175 (millions, p25) for this line and year.
  22. Printed under different labels across filings: “Income tax”; “Income tax expense”.
  23. Audited financial statements dated 2025-06-27 prints (1 144) (millions, p25) for this line and year.
  24. Audited financial statements dated 2025-06-27 prints 3 031 (millions, p25) for this line and year.
  25. “Actuarial loss on post-retirement defined benefit plan” is an issuer-specific line, not mapped to a shared definition: OCI, never reclassified, before tax.
  26. Printed under different labels across filings: “Actuarial gain on post-retirement defined benefit plan”; “Actuarial loss on post-retirement defined benefit plan”.
  27. Audited financial statements dated 2025-06-27 prints 43 (millions, p26) for this line and year.
  28. “Deferred taxation thereon” is an issuer-specific line, not mapped to a shared definition: OCI, never reclassified.
  29. Printed under different labels across filings: “Deferred tax on items that will never be reclassified to profit or loss”; “Deferred taxation thereon”.
  30. Audited financial statements dated 2025-06-27 prints (12) (millions, p26) for this line and year.
  31. “Movement in effective portion of changes in fair value of cash flow hedges” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified, before tax.
  32. Audited financial statements dated 2025-06-27 prints (145) (millions, p26) for this line and year.
  33. “Deferred taxation thereon” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified.
  34. Printed under different labels across filings: “Deferred tax on items that are or may be reclassified to profit or loss”; “Deferred taxation thereon”.
  35. “Foreign currency translation reserve movements” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified.
  36. Audited financial statements dated 2025-06-27 prints 350 (millions, p26) for this line and year.
  37. Printed under different labels across filings: “Other comprehensive income for the year, net of tax”; “Other comprehensive loss for the year, net of tax”.
  38. Audited financial statements dated 2025-06-27 prints 279 (millions, p26) for this line and year.
  39. Audited financial statements dated 2025-06-27 prints 3 310 (millions, p26) for this line and year.
  40. “Equity holders of The Foschini Group Limited” is an issuer-specific line, not mapped to a shared definition: Total comprehensive income attributable to owners of the parent.
  41. “Gain on bargain purchase” is an issuer-specific line, not mapped to a shared definition: Between the operating subtotal and operating profit before finance costs.
  42. Not reported in this filing: Not printed: the consolidated statement of comprehensive income (p24) has no 'Gain on bargain purchase' line in either column; the lines between trading expenses and operating profit before finance costs are 'Acquisition costs' and 'Impairment of brands'. Checked on the page image (p24).
  43. Audited financial statements dated 2025-06-27 presents this line for this year: – (p25). Not shown in this column, which follows one filing's presentation.
  44. Not reported in this filing: Not printed: the consolidated statement of comprehensive income (p24) has no 'Gain on bargain purchase' line in either column; the 2025 column prints 'Acquisition costs' (63) and 'Impairment of brands' (63) instead. Checked on the page image (p24).
  45. Audited financial statements dated 2025-06-27 prints 4 (millions, p25) for this line and year.

Balance sheet

Balance sheet, ZAR millions. Columns: FY to 31 Mar 2026 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2025 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2026; FY to 31 Mar 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Mar 2026Audited financial statementsreported for the yearFY to 31 Mar 2025Audited financial statementscomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementsreported for the yearsource limitationsFY to 31 Mar 2023Audited financial statementscomparative in FY to 31 Mar 2024 filingsource limitations
Property, plant and equipment 6,824 6,524 5,923.11 5,184.6
Goodwill and intangible assets 9,895 10,940 10,258.52 9,813.4
Right-of-use assets 12,136 11,747 10,811.13 9,751.4
Investments4 401 368 138.45 143.7
Insurance contract assets 440 301 253.0 230.6
Deferred taxation assets 1,470 1,468 1,457.66 1,345.3
Non-current assets (unlabelled subtotal) 31,166 31,348 28,841.77 26,469.0
Inventory 14,529 14,293 11,560.0 13,074.0
Trade receivables – retail8 9,424 8,936 8,325.29 7,745.5
Other receivables and prepayments10 1,445 1,437 1,387.911 1,469.4
Concession receivables12 437 419 240.713 236.7
Taxation receivables14 87 3 31.315 14.3
Cash and cash equivalents 3,117 3,228 3,775.416 4,095.2
Current assets (unlabelled subtotal) 29,039 28,316 25,320.517 26,635.1
Total assets 60,205 59,664 54,162.218 53,104.1
Share capital 4 4 4.419 4.4
Share premium 7,905 7,905 7,905.420 7,905.4
Treasury shares21 (1,740) (865) (699.8)22 (1,070.2)
Dividend reserve23 463 761 662.124 496.5
Hedging (deficit) surplus25 (62) 12 (26.4)26 76.4
Foreign currency translation reserve27 1,396 1,354 1,755.428 1,405.1
Post-retirement defined benefit plan reserve29 36 40 39.630 8.0
Retained earnings 16,905 16,398 14,500.731 12,826.9
Equity attributable to equity holders of The Foschini Group Limited 24,907 25,609 24,141.432 21,652.5
Interest-bearing debt 7,605 7,662 5,953.133 5,990.0
Other payables34 198 –35 Not reported in this filing36 Not reported in this filing37
Lease liabilities 9,439 9,134 8,302.838 7,266.5
Deferred taxation liabilities 841 1,138 1,115.0 1,073.3
Post-retirement defined benefit plan39 236 216 202.340 233.0
Non-current liabilities (unlabelled subtotal) 18,319 18,150 15,573.241 14,606.3
Interest-bearing debt 3,474 2,372 2,716.942 5,230.3
Trade and other payables 8,495 8,718 7,454.243 7,799.2
Contract liabilities44 399 382 365.845 –46
Lease liabilities 4,561 4,229 3,835.847 3,675.0
Taxation payables48 50 204 74.949 140.8
Current liabilities (unlabelled subtotal) 16,979 15,905 14,447.650 16,845.3
Total liabilities 35,298 34,055 30,020.851 31,451.6
Total equity and liabilities 60,205 59,664 54,162.218 53,104.1
Put option liability52 Not reported in this filing53 Not reported in this filing54 –35 43.5
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (52)
  1. Audited financial statements dated 2025-06-27 prints 5 923 (millions, p24) for this line and year.
  2. Audited financial statements dated 2025-06-27 prints 10 259 (millions, p24) for this line and year.
  3. Audited financial statements dated 2025-06-27 prints 10 811 (millions, p24) for this line and year.
  4. “Investments” is an issuer-specific line, not mapped to a shared definition: Non-current investments (note 5).
  5. Audited financial statements dated 2025-06-27 prints 138 (millions, p24) for this line and year.
  6. Audited financial statements dated 2025-06-27 prints 1 458 (millions, p24) for this line and year.
  7. Audited financial statements dated 2025-06-27 prints 28 842 (millions, p24) for this line and year.
  8. “Trade receivables – retail” is an issuer-specific line, not mapped to a shared definition: Retail credit receivables (note 9), current assets.
  9. Audited financial statements dated 2025-06-27 prints 8 325 (millions, p24) for this line and year.
  10. “Other receivables and prepayments” is an issuer-specific line, not mapped to a shared definition: Note 10, current assets.
  11. Audited financial statements dated 2025-06-27 prints 1 388 (millions, p24) for this line and year.
  12. “Concession receivables” is an issuer-specific line, not mapped to a shared definition: Note 11, current assets.
  13. Audited financial statements dated 2025-06-27 prints 241 (millions, p24) for this line and year.
  14. Printed under different labels across filings: “Taxation receivable”; “Taxation receivables”.
  15. Audited financial statements dated 2025-06-27 prints 31 (millions, p24) for this line and year.
  16. Audited financial statements dated 2025-06-27 prints 3 775 (millions, p24) for this line and year.
  17. Audited financial statements dated 2025-06-27 prints 25 320 (millions, p24) for this line and year.
  18. Audited financial statements dated 2025-06-27 prints 54 162 (millions, p24) for this line and year.
  19. Audited financial statements dated 2025-06-27 prints 4 (millions, p24) for this line and year.
  20. Audited financial statements dated 2025-06-27 prints 7 905 (millions, p24) for this line and year.
  21. “Treasury shares” is an issuer-specific line, not mapped to a shared definition: Equity (note 14), deducted.
  22. Audited financial statements dated 2025-06-27 prints (700) (millions, p24) for this line and year.
  23. “Dividend reserve” is an issuer-specific line, not mapped to a shared definition: Equity (note 15).
  24. Audited financial statements dated 2025-06-27 prints 662 (millions, p24) for this line and year.
  25. “Hedging (deficit) surplus” is an issuer-specific line, not mapped to a shared definition: Equity (note 16).
  26. Audited financial statements dated 2025-06-27 prints (26) (millions, p24) for this line and year.
  27. “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: Equity (note 17).
  28. Audited financial statements dated 2025-06-27 prints 1 755 (millions, p24) for this line and year.
  29. “Post-retirement defined benefit plan reserve” is an issuer-specific line, not mapped to a shared definition: Equity (note 18).
  30. Audited financial statements dated 2025-06-27 prints 40 (millions, p24) for this line and year.
  31. Audited financial statements dated 2025-06-27 prints 14 501 (millions, p24) for this line and year.
  32. Audited financial statements dated 2025-06-27 prints 24 141 (millions, p24) for this line and year.
  33. Audited financial statements dated 2025-06-27 prints 5 953 (millions, p24) for this line and year.
  34. “Other payables” is an issuer-specific line, not mapped to a shared definition: Note 20, non-current liabilities.
  35. Not reported in this filing: Not printed: the FY2024 consolidated statement of financial position (p21) has no non-current 'Other payables' line; its non-current liabilities are 'Interest-bearing debt', 'Put option liability' (note 20), 'Lease liabilities', 'Deferred taxation liabilities' and 'Post-retirement defined benefit plan'. The put option liability is a different item from the FY2026 filing's note-20 'Other payables' (employee accruals and dilapidation provision, p61), so it is not shown in this row. Checked on the page image (p21).
  36. Not reported in this filing: Not printed: the FY2024 consolidated statement of financial position (p21) has no non-current 'Other payables' line for the restated 2023 column; its non-current liabilities are 'Interest-bearing debt', 'Put option liability', 'Lease liabilities', 'Deferred taxation liabilities' and 'Post-retirement defined benefit plan'. Checked on the page image (p21).
  37. Audited financial statements dated 2025-06-27 prints 8 303 (millions, p24) for this line and year.
  38. “Post-retirement defined benefit plan” is an issuer-specific line, not mapped to a shared definition: Note 18, non-current liabilities.
  39. Audited financial statements dated 2025-06-27 prints 202 (millions, p24) for this line and year.
  40. Audited financial statements dated 2025-06-27 prints 15 573 (millions, p24) for this line and year.
  41. Audited financial statements dated 2025-06-27 prints 2 717 (millions, p24) for this line and year.
  42. Audited financial statements dated 2025-06-27 prints 7 454 (millions, p24) for this line and year.
  43. Printed under different labels across filings: “Contract liabilities”; “Contract liabilities**”.
  44. Audited financial statements dated 2025-06-27 prints 366 (millions, p24) for this line and year.
  45. Audited financial statements dated 2025-06-27 prints 3 836 (millions, p24) for this line and year.
  46. Printed under different labels across filings: “Taxation payable”; “Taxation payables”.
  47. Audited financial statements dated 2025-06-27 prints 75 (millions, p24) for this line and year.
  48. Audited financial statements dated 2025-06-27 prints 14 448 (millions, p24) for this line and year.
  49. Audited financial statements dated 2025-06-27 prints 30 021 (millions, p24) for this line and year.
  50. “Put option liability” is an issuer-specific line, not mapped to a shared definition: Note 20, non-current liabilities.
  51. Not reported in this filing: Not printed: the FY2026 consolidated statement of financial position (p23) has no 'Put option liability' line; its non-current liabilities are 'Interest-bearing debt', 'Other payables' (note 20: employee related accruals and dilapidation provision, p61), 'Lease liabilities', 'Deferred taxation liabilities' and 'Post-retirement defined benefit plan'. Checked on the page image (p23).
  52. Not reported in this filing: Not printed: the FY2026 consolidated statement of financial position (p23) has no 'Put option liability' line for the 2025 column; non-current liabilities printed are 'Interest-bearing debt', 'Other payables', 'Lease liabilities', 'Deferred taxation liabilities' and 'Post-retirement defined benefit plan'. Checked on the page image (p23).

Cash flow

Cash flow, ZAR millions. Columns: FY to 31 Mar 2026 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2025 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2026; FY to 31 Mar 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Mar 2026Audited financial statementsreported for the yearFY to 31 Mar 2025Audited financial statementscomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementsreported for the yearsource limitationsFY to 31 Mar 2023Audited financial statementscomparative in FY to 31 Mar 2024 filingsource limitations
Operating cash flow before working capital changes12 11,561 12,405 11,660.73 10,631.6
Increase in working capital45 (834) (2,761) 877.86 (3,528.0)
Cash generated from operations 10,727 9,644 12,538.57 7,103.6
Interest income received8 123 146 143.19 145.4
Finance costs paid1011 (2,051) (1,886) (1,770.2)12 (1,367.8)
Taxation paid (1,034) (1,022) (1,270.5)13 (1,223.2)
Dividends received14 33 52 57.315 93.4
Dividends paid (1,182) (1,183) (984.4)16 (1,635.6)
Net cash inflows from operating activities 6,616 5,751 8,713.817 3,115.8
Purchase of property, plant and equipment and intangible assets18 (1,997) (1,803) (2,005.1)19 (3,000.6)
Proceeds from sale of property, plant and equipment and intangible assets20 23 12 18.321 15.8
Business acquisitions during the year, net of cash acquired2223 –24 (1,044) (151.4)25 (2,096.2)
Increase in insurance contracts and investments262728 (150) (41) (5.9)29 –24
Net cash outflows from investing activities (2,124) (2,876) (2,144.1)30 (5,081.0)
Treasury shares purchased and sold313233 (1,021) (325) (4.2)34 (87.0)
Net increase in interest-bearing debt3536 1,116 1,341 (2,636.0) 4,047.2
Borrowings raised37 9,212 1,394 1,146.738 9,008.2
Borrowings repaid39 (8,096) (53) (3,782.7)40 (4,961.0)
Lease liabilities capital payments41 (4,704) (4,414) (4,369.9)42 (4,006.6)
Net cash outflows from financing activities (4,609) (3,398) (7,010.1)43 (33.3)
Net decrease in cash and cash equivalents during the year (117) (523) (440.4)44 (1,998.5)
Cash and cash equivalents at the beginning of the year 3,228 3,775 4,095.245 5,745.8
Effect of exchange rate fluctuations on cash held 6 (24) 120.646 347.9
Cash and cash equivalents at the end of the year 3,117 3,228 3,775.447 4,095.2
Proceeds from sale of shares in terms of share incentive schemes48 Not reported in this filing49 Not reported in this filing50 –51 13.1
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (49)
  1. “Operating cash flow before working capital changes” is an issuer-specific line, not mapped to a shared definition: Note 32; label varies by year.
  2. Printed under different labels across filings: “Operating cash flow before working capital changes”; “Operating profit before working capital changes”.
  3. Audited financial statements dated 2025-06-27 prints 11 661 (millions, p28) for this line and year.
  4. “Increase in working capital” is an issuer-specific line, not mapped to a shared definition: Note 32.
  5. Printed under different labels across filings: “Decrease (increase) in working capital”; “Increase in working capital”.
  6. Audited financial statements dated 2025-06-27 prints 878 (millions, p28) for this line and year.
  7. Audited financial statements dated 2025-06-27 prints 12 539 (millions, p28) for this line and year.
  8. Printed under different labels across filings: “Interest income”; “Interest income received”.
  9. Audited financial statements dated 2025-06-27 prints 143 (millions, p28) for this line and year.
  10. “Finance costs paid” is an issuer-specific line, not mapped to a shared definition: Operating activities; finance costs paid in total (borrowings and leases).
  11. Printed under different labels across filings: “Finance costs”; “Finance costs paid”.
  12. Audited financial statements dated 2025-06-27 prints (1 770) (millions, p28) for this line and year.
  13. Audited financial statements dated 2025-06-27 prints (1 271) (millions, p28) for this line and year.
  14. “Dividends received” is an issuer-specific line, not mapped to a shared definition: Operating activities (note 5).
  15. Audited financial statements dated 2025-06-27 prints 57 (millions, p28) for this line and year.
  16. Audited financial statements dated 2025-06-27 prints (984) (millions, p28) for this line and year.
  17. Audited financial statements dated 2025-06-27 prints 8 714 (millions, p28) for this line and year.
  18. “Purchase of property, plant and equipment and intangible assets”: mapping to a shared definition is uncertain. Printed as one line for property, plant and equipment and intangible assets combined.
  19. Audited financial statements dated 2025-06-27 prints (2 005) (millions, p28) for this line and year.
  20. “Proceeds from sale of property, plant and equipment and intangible assets”: mapping to a shared definition is uncertain. Printed as one line for property, plant and equipment and intangible assets combined.
  21. Audited financial statements dated 2025-06-27 prints 18 (millions, p28) for this line and year.
  22. “Business acquisitions during the year, net of cash acquired” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  23. Printed under different labels across filings: “Acquisitions during the year, net of cash acquired”; “Business acquisitions during the year, net of cash acquired”.
  24. Audited financial statements dated 2025-06-27 prints (151) (millions, p28) for this line and year.
  25. “Increase in insurance contracts and investments” is an issuer-specific line, not mapped to a shared definition: Investing activities; label varies by year.
  26. “Increase in insurance contracts and investments”: mapping to a shared definition is uncertain. Printed 'Purchase of other investments' ((5,9); 2023 '–'); the FY2025 statements print the 2024 figure as 'Increase in insurance contracts and investments' ((6)).
  27. Printed under different labels across filings: “Increase in insurance contracts and investments”; “Purchase of other investments”.
  28. Audited financial statements dated 2025-06-27 prints (6) (millions, p28) for this line and year.
  29. Audited financial statements dated 2025-06-27 prints (2 144) (millions, p28) for this line and year.
  30. “Treasury shares purchased and sold” is an issuer-specific line, not mapped to a shared definition: Financing activities (note 14); label varies by year.
  31. “Treasury shares purchased and sold”: mapping to a shared definition is uncertain. Purchases only; proceeds from sale of shares are printed on the next line (native proceeds_sale_shares_incentive).
  32. Printed under different labels across filings: “Shares purchased in terms of share incentive schemes”; “Treasury shares purchased and sold”.
  33. Audited financial statements dated 2025-06-27 prints (4) (millions, p28) for this line and year.
  34. “Net increase in interest-bearing debt” is an issuer-specific line, not mapped to a shared definition: Financing activities (note 34); printed above its two components, borrowings raised and repaid.
  35. Printed under different labels across filings: “Net (decrease) increase in interest-bearing debt”; “Net increase in interest-bearing debt”.
  36. Printed under different labels across filings: “Borrowings raised”; “Borrowings received”.
  37. Audited financial statements dated 2025-06-27 prints 1 147 (millions, p28) for this line and year.
  38. Printed under different labels across filings: “Borrowings paid”; “Borrowings repaid”.
  39. Audited financial statements dated 2025-06-27 prints (3 783) (millions, p28) for this line and year.
  40. Printed under different labels across filings: “Lease liabilities capital payments”; “Lease liability payments”.
  41. Audited financial statements dated 2025-06-27 prints (4 370) (millions, p28) for this line and year.
  42. Audited financial statements dated 2025-06-27 prints (7 010) (millions, p28) for this line and year.
  43. Audited financial statements dated 2025-06-27 prints (440) (millions, p28) for this line and year.
  44. Audited financial statements dated 2025-06-27 prints 4 095 (millions, p28) for this line and year.
  45. Audited financial statements dated 2025-06-27 prints 120 (millions, p28) for this line and year.
  46. Audited financial statements dated 2025-06-27 prints 3 775 (millions, p28) for this line and year.
  47. “Proceeds from sale of shares in terms of share incentive schemes” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  48. Not reported in this filing: Not reported separately: the FY2026 consolidated statement of cash flows (p26) prints a single combined line 'Treasury shares purchased and sold' (1 021); no proceeds-from-share-incentive line is printed, and the statement of changes in equity (p25) shows only 'Treasury shares purchased' and a non-cash 'Delivery of shares by share incentive schemes'. Checked on the page image (p26).
  49. Not reported in this filing: Not reported separately: the FY2026 consolidated statement of cash flows (p26) prints a single combined line 'Treasury shares purchased and sold' (325) for 2025; no proceeds-from-share-incentive line is printed. Checked on the page image (p26).

Per share and shares

Per share and shares. Columns: FY to 31 Mar 2026 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2025 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2026; FY to 31 Mar 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Mar 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Mar 2026Audited financial statementsreported for the yearFY to 31 Mar 2025Audited financial statementscomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementsreported for the yearsource limitationsFY to 31 Mar 2023Audited financial statementscomparative in FY to 31 Mar 2024 filingsource limitations
Earnings / (loss) per share (per share)61 4.1122 9.8063 9.3474 9.3855
Profit / (loss) attributable to shareholders (ZAR millions)8 1,316 3,189 3,031.27 3,025.8
  1. Printed as 411,2 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as 980,6 cents; value converted to ZAR at 100 cents = 1 ZAR.
  3. Printed as 934,7 cents; value converted to ZAR at 100 cents = 1 ZAR.
  4. Printed as 938,5 cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (4)
  1. “Basic”: mapping to a shared definition is uncertain. Printed 'Basic' under 'Earnings per ordinary share (cents)' (note 30); diluted EPS is printed separately and differs (native eps_diluted).
  2. Earnings / (loss) per share: printed as “Basic”.
  3. Audited financial statements dated 2025-06-27 prints 3 031 (millions, p25) for this line and year.
  4. Profit / (loss) attributable to shareholders: printed as “Equity holders of The Foschini Group Limited”.

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Mar 2026 Dividends paid (cash flow statement) Dividends paid (1,182) ZAR millions Audited financial statements, p26
31 Mar 2025 Dividends paid (cash flow statement) Dividends paid (1,183) ZAR millions Audited financial statements, p26
31 Mar 2024 Dividends paid (cash flow statement) Dividends paid (984.4) ZAR millions Audited financial statements, p26
31 Mar 2023 Dividends paid (cash flow statement) Dividends paid (1,635.6) ZAR millions Audited financial statements, p26

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.

  • Audited Consolidated Annual Financial Statements 2026

    Year ended 31 March 2026 · Audited financial statements · final status not established

    Audit: Deloitte & Touche, unmodified opinion

    Auditor's sign-off: Deloitte & Touche, Registered Auditor; Per: J M Bierman, Partner (typeset, not signed)

    Final status: Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 20 to 90 (unmodified opinion, PDF p16) closes on PDF p22 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J M Bierman, Partner, 30 June 2026' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Board on 30 June 2026; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

    Document date
    30 Jun 2026
    Auditor's report
    30 Jun 2026
    Board approval
    30 Jun 2026
    Retrieved by us
    17 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2026, FY to 31 Mar 2025
    Basis
    consolidated statements · ZAR millions (printed “Rm”)
    • Directory listing is the A2X secondary line (TFG); TFG's primary listing is the JSE, not in the directory.
    • Cash flow statement: 'Net increase in interest-bearing debt' (1 116; 2025: 1 341) is printed above its components 'Borrowings raised' and 'Borrowings repaid'; 'Effect of exchange rate fluctuations on cash held' is printed after the opening balance, outside the net decrease (p26). Dividends paid are presented in operating activities.
    • No statement column is headed restated. Note 7 (p51) restates the comparative deferred tax note only ('has no effect on profit or loss, total comprehensive income, statement of financial position'); note 20 (p61): 'The Group has reclassified the non-current portions of the long service leave, management incentive plan and dilapidation provisions between current and non-current provisions'; the new non-current 'Other payables' prints 198 for 2026 and '–' for 2025 (comparative not restated).
    • No total-equity line is printed: 'Equity attributable to equity holders of The Foschini Group Limited' is the only equity total (no non-controlling interest line); the non-current and current asset and liability subtotals are unlabelled (p23).
    • Printed dashes are read as printed and confirmed as nil by the printed subtotals they sit within: 'Other payables' (non-current) 2025, 'Acquisition costs' 2026, 'Business acquisitions' 2026 and the two actuarial OCI lines 2025.
    • The statement of comprehensive income prints 'Revenue' (67 070; 2025: 62 558, note 24) as a memorandum line above 'Retail turnover'; it equals retail turnover plus interest income, insurance revenue and other income and is not part of the gross profit calculation (p24). Retail turnover is mapped to revenue (ambiguous) and the printed 'Revenue' kept as a native concept.
    Technical details
    File
    99 pages, with a text layer
    SHA-256
    e560c60778b2abaa9b56b0202576ff4d4f635038779a57fcd1ca5b74f6123816
    Entity as printed
    The Foschini Group Limited and its subsidiaries (the Group) (auditor's report, PDF p16)
    Issuer copy
    retrieved 2026-10-17T14:45:45Z

  • Audited Consolidated Annual Financial Statements 2025

    Year ended 31 March 2025 · Audited financial statements · final status not established

    Audit: Deloitte & Touche, unmodified opinion

    Auditor's sign-off: Deloitte & Touche, Registered Auditor; Per: J M Bierman, Partner (typeset, not signed)

    Final status: Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements (unmodified opinion, PDF p17) closes on PDF p23 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J M Bierman, Partner, 27 June 2025' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Board on 27 June 2025; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

    Document date
    27 Jun 2025
    Auditor's report
    27 Jun 2025
    Board approval
    27 Jun 2025
    Retrieved by us
    17 Oct 2026 (not a publication date)
    Used for
    not a column source (supplementary or comparison only)
    Basis
    consolidated statements · ZAR millions (printed “Rm”)
    • Directory listing is the A2X secondary line (TFG); TFG's primary listing is the JSE, not in the directory.
    • Cash flow statement: 'Net increase (decrease) in interest-bearing debt' (1 341; 2024: (2 636)) is printed above its components 'Borrowings raised' and 'Borrowings repaid'; 'Effect of exchange rate fluctuations on cash held' is printed after the opening balance, outside the net decrease (p28). Dividends paid are presented in operating activities.
    • No statement column is headed restated and the document prints no restatement of the 2024 comparatives. The 2024 'Revenue' memorandum line prints 60 122 here (p25), whereas the FY2024 statements printed 60 112,1; 60 122 equals 2024 retail turnover 56 221 + interest income 2 075 + insurance revenue 247 + other income 1 579.
    • No total-equity line is printed: 'Equity attributable to equity holders of The Foschini Group Limited' is the only equity total (no non-controlling interest line); the non-current and current asset and liability subtotals are unlabelled (p24).
    • Printed dashes are read as printed and confirmed as nil by the printed subtotals they sit within: 'Acquisition costs' 2024, 'Gain on bargain purchase' 2025 and the two actuarial OCI lines 2025.
    • Profit attributable to equity holders is printed on p25; other comprehensive income, total comprehensive income and its attribution on p26 ('Profit for the year' is printed again at the top of p26 and not read twice).
    • The statement of comprehensive income prints 'Revenue' (62 558; 2024: 60 122, note 23) as a memorandum line above 'Retail turnover'; it equals retail turnover plus interest income, insurance revenue and other income and is not part of the gross profit calculation (p25). Retail turnover is mapped to revenue (ambiguous) and the printed 'Revenue' kept as a native concept.
    Technical details
    File
    100 pages, with a text layer
    SHA-256
    cb06c83d0b06fd61016eaa772812243fa2114903661bd0a4296f6df20a05f94d
    Entity as printed
    The Foschini Group Limited and its subsidiaries (the group) (auditor's report, PDF p17)
    Issuer copy
    retrieved 2026-10-17T14:45:49Z

  • Audited Consolidated Annual Financial Statements for the year ended 31 March (The Foschini Group Limited, 2024)

    Year ended 31 March 2024 · Audited financial statements · final status not established

    Audit: Deloitte & Touche, unmodified opinion

    Auditor's sign-off: Deloitte & Touche, Registered Auditor; Per: J H W de Kock, Partner (typeset, not signed)

    Final status: Independent auditor's report of Deloitte & Touche to the shareholders of The Foschini Group Limited on the consolidated financial statements set out on pages 19 to 94 (unmodified opinion, PDF p16) closes on PDF p20 with the typeset 'Deloitte & Touche, Registered Auditor, Per: J H W de Kock, Partner, 19 July 2024' and no visible signature (page image): name printed, unsigned. The consolidated annual financial statements were approved by the Supervisory Board on 19 July 2024; the signatories M Lewis (Chairman) and A E Thunström (CEO) are typeset with no visible signature (PDF p4, page image).

    Document date
    19 Jul 2024
    Auditor's report
    19 Jul 2024
    Board approval
    19 Jul 2024
    Retrieved by us
    17 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2024, FY to 31 Mar 2023
    Basis
    consolidated statements · ZAR millions (printed “Rm”)
    • The 'Revenue' memorandum line prints 60 112,1 for 2024 (p22; confirmed on the page image), whereas retail turnover 56 220,7 + interest income 2 075,4 + insurance revenue 247,0 + other income 1 579,0 = 60 122,1, and the FY2025 statements print the 2024 revenue as 60 122 (FY2025 p25). Kept as printed; the line is a memorandum line outside the gross profit arithmetic. The 2023 figure (55 212,4) agrees with its components.
    • Directory listing is the A2X secondary line (TFG); TFG's primary listing is the JSE, not in the directory.
    • Cash flow statement: 'Net (decrease) increase in interest-bearing debt' ((2 636,0); 2023: 4 047,2) is printed above its components 'Borrowings received' and 'Borrowings paid'; 'Effect of exchange rate fluctuations on cash held' is printed after the opening balance, outside the net decrease (p26). Dividends paid are presented in operating activities. Profit attributable is on p22; OCI, total comprehensive income and its attribution on p23 ('Profit for the year' is printed again at the top of p23 and not read twice).
    • No total-equity line is printed: 'Equity attributable to equity holders of The Foschini Group Limited' is the only equity total (no non-controlling interest line); the non-current and current asset and liability subtotals are unlabelled (p21). 'Contract liabilities**' is disclosed separately for the first time (2023 printed '–'; R330,1 million previously within trade and other payables, footnote p21).
    • Printed dashes are read as printed and confirmed as nil by the printed subtotals they sit within: 'Acquisition costs' 2024, 'Gain on bargain purchase' and 'Impairment of goodwill' 2023, actuarial OCI lines 2023, 'Put option liability' 2024, 'Contract liabilities' 2023, 'Purchase of other investments' 2023 and 'Proceeds from sale of shares' 2024.
    • The statement of comprehensive income prints 'Revenue' (note 27) as a memorandum line above 'Retail turnover'; it is not part of the gross profit calculation (p22). Retail turnover is mapped to revenue (ambiguous) and the printed 'Revenue' kept as a native concept.
    • The 2023 columns of the statement of financial position (p21) and the statement of comprehensive income (pp22-23) are headed 'Restated*' ('* Refer to note 43'): IFRS 17 Insurance Contracts adopted for the first time in the 2024 financial year and applied retrospectively; 'The Group has restated comparative information for 31 March 2023' (note 43, p94). Insurance revenue and insurance service expense 2023 carry '**': 'certain restatements were made to adequately disclose income and expenses' (p22). All 2023 balance-sheet and comprehensive-income comparatives are flagged restated, except the EPS rows, whose own sub-heading reads '2024 2023' without 'Restated' (p22); the cash flow statement comparative (p26) is not headed restated.
    Technical details
    File
    104 pages, with a text layer
    SHA-256
    ad3f7d9a9c8fd1625ad3d2ba987791212a44c7fce357a583922785868363d56a
    Entity as printed
    The Foschini Group Limited and its subsidiaries (the Group) (auditor's report, PDF p16)
    Issuer copy
    retrieved 2026-10-17T14:45:53Z

Data notes

  • Insurance revenue — OCR read '205,7**'; the page image shows '205,7'. Footnote marker '**' printed directly after the figure (restatement footnote, p22); figure read without the marker, compared with the render. (Audited Consolidated Annual Financial Statements for the year ended 31 March (The Foschini Group Limited, 2024), p22)
  • Insurance service expense — OCR read '(91,1)**'; the page image shows '(91,1)'. Footnote marker '**' printed directly after the figure (restatement footnote, p22); figure read without the marker, compared with the render. (Audited Consolidated Annual Financial Statements for the year ended 31 March (The Foschini Group Limited, 2024), p22)

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