Profitability
(Unit: %)
| 2018 （IFRS） |
2019 （IFRS） |
2020 （IFRS） |
2021 （IFRS） |
2022 （IFRS） |
|
|---|---|---|---|---|---|
| Gross Profit Ratio | 38.5 | 37.9 | 36.7 | 38.1 | 36.7 |
| Core Operating Profit Ratio | 10.4 | 10.2 | 8.3 | 9.7 | 9.7 |
| Core Operating Profit Ratio (excluding liquor tax) |
13.6 | 13.2 | 10.7 | 12.6 | 12.5 |
| Operating Profit Ratio | 10.0 | 9.6 | 6.7 | 9.5 | 8.6 |
| Profit attributable to owners of parent | 7.1 | 6.8 | 4.6 | 6.9 | 6.6 |
Gross Profit Ratio = (Gross Profit / Revenue) × 100
Core Operating Profit Ratio = (Core Operating Profit / Revenue) × 100
Core Operating Profit Ratio (excluding liquor tax) = ｛Core Operating Profit / (Revenue - liquor tax)｝ × 100
Operating Profit Ratio = (Operating Profit / Revenue) × 100
Profit attributable to owners of parent Ratio = (Profit attributable to owners of parent / Revenue) × 100
Core Operating Profit is the reference index for normalized business performance.
Core Operating Profit = Revenue - (COGS + general administrative cost)
Profit attributable to owners of parent is adjusted as below
Adjusted Profit attributable to owners of parent = Profit attributable to owners of parent - one off special factors including business portfolio restructuring and foreign exchange impact