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Investors

Interim Results 2019/20

Annual Report 2019

With our turnaround firmly on track, we continue to deliver value for every stakeholder in our business.

2019 Highlights

£56.9bn

Group Sales

2018: £51.0bn*

£2,502m

Retail operating cash flow (c)

2018: £2,773m

£(2.9)bn

Net debt (c)

2018: £2.6bn

£63.9bn

Statutory revenue

2018: £57.5bn*

£2,153m

Operating profit

2018: £1,839m*

5.77p

Dividend per share

2018: 3.00p

(c) Net debt and Retail operating cash flow exclude the impact of Tesco Bank.
* Restated for the adoption of IFRS 15 as explained in Note 1 and Note 36.

IFRS 16

2018/19 Financial Statements on a Post-IFRS 16 Basis