Investor Presentaiton
Woolworths Group Full Year Results 2022
Group COVID costs up on H2'21 but materially below H1'22
22
222
F22
H2'22
Q4'22
Q3'22
HT22
F21
H2'21
$ MILLION
Cleaning and PPE
Contractors and security
Team costs¹
Supply chain
COVID costs before discretionary payments
(52 WEEKS)
(25 WEEKS)
(12 WEEKS)
(13 WEEKS)
(27 WEEKS)
(52 WEEKS)
(25 WEEKS)
47
7
4
3
40
116
25
13
2
2
11
20
7
109
24
12
12
85
70
70
10
119
50
50
2
482
69
73
12
288
83
18
65
205
279
54
Team discounts, incentives, recognition payments and donations³
35
1
1
34
53
1
Total COVID costs4
323
84
18
66
239
332
55
COVID costs (% of sales)
0.5%
0.3%
0.1%
0.4%
0.7%
0.5%
0.2%
1 Represents incremental team members, leave costs and roles, to support COVID crisis management and customer and team safety (and excludes any incremental variable cost driven by higher sales). Does not
include team absenteeism costs in stores and supply chain
Woolworths
Group
2 Supply chain costs in Q3 predominantly reflect the cost of RAT testing
3 Cost of team discounts offset against sales
4 Includes Endeavour Group costs of $20m in H1 F21 and $8m in H2 F21View entire presentation