GROUP - EBIT PERFORMANCE - PRE COVID TO NOW
Domino's
GROUP - BALANCE SHEET
FY22
VS.
FY22
H123
$ mil
$ mil
$ mil
Cash & cash equivalents
76.9
143.7
66.8
Trade and other receivables
163.6
170.8
7.2
Inventories
30.9
58.7
27.9
Other current assets
139.9
169.4
29.5
Total Current Assets
411.3
542.7
131.5
Net Debt (1) $666.5m- $95.8m higher than FY22, primarily as a
result of higher borrowings relating to the Malaysia and Singapore
acquisitions, partly offset by $163.2m net capital raising
Inventories (including equipment) - $27.9m higher, as a result of
the following:
Property, plant & equipment
273.5
337.4
63.9
Goodwill
485.7
565.7
79.9
☐
Intangible assets
450.4
669.7
219.4
Other non-current assets
810.9
836.4
25.5
■
Total Non-current Assets
2,020.4
2,409.2
388.8
Total Assets
2,431.7
2,951.9
520.2
Trade & other payables
304.0
349.6
45.6
Current tax liabilities
17.6
25.0
7.5
Borrowings
32.0
104.5
72.5
Other current liabilities
287.0
300.0
13.0
Total Current Liabilities
640.6
779.2
138.6
Borrowings
612.1
702.7
90.6
Other financial liabilities
0.5
50.4
49.9
Deferred tax liabilities
85.2
132.4
47.1
Other non-current liabilities
671.4
683.6
12.2
Total Non-current Liabilities
1,369.2
1,569.1
199.9
Total Liabilities
2,009.8
2,348.3
338.5
Net Assets
422.0
603.7
181.7
Malaysia and Singapore acquisition ($10.1m)
Advance purchase of food into Distribution Centres, where
food is anticipated to materially increase in price
Lower sales than planned in December, resulting in stock
build-up in Japan
■ Continued higher inventories, to mitigate supply chain risk,
including new store equipment
Payables - $45.6m higher, primarily as a result of:
Timing of Financial close period in Japan
Malaysia and Singapore acquisition ($20.4m)
Spot FX rates
EUR/AUD
JPY/AUD
0.653
92.200
0.636
89.880
19
1) Banking Covenant Ratio excluding AASB16 - see Appendix 9 for further detailsView entire presentation