Senwes Integrated Reports Senwes 2013/2014 Integrated Report | Page 51

EFFICIENCY AND PRODUCTIVITY
(continued)
Distribution, Sales and Administrative Expenses
and Gains as Percentage of Gross Profit (%)
Operating Profit Margin (%)
80.0
70.0
60.0
59.7
61.1
61.1
57.8
49.4
50.0
40.0
30.0
20.0
10.0
2010
2011
2012
2013
2014
Interest Cover (times)
Earnings Before Interest and Tax (EBIT)
600.0
500.0
400.0
511
417
434 454
2011 2012
455
300.0
200.0
100.0
2010
2013
2014
SHAREHOLDERS
Share Price: Trading Value
vs Net Asset Value (c/share)
Earnings per share vs Normalised earnings
per share (cent)
168.9
146.0
152.4
121.1
115.6
114.4
2010
143.9
132.8
116.2
99.0
2011
Earnings per share
2012
2013
2014
Normalised headline earnings
Headline earnings per share
per share
49