Skip to content
J Sainsbury plc Annual Report 2011

Corporate report and
financial statements 2011

We have made fundamental changes at Sainsbury’s in recent years which have transformed our business. We have stayed true to our heritage. Our passion for great food at fair prices and our robust, ethical approach remain central to our continued success.

Operating review


Financial highlights



Sales (including VAT, including fuel) up 7.1%

Underlying operating profit


Underlying operating profit up 10.0%

Underlying profit before tax


Underlying profit before tax up 9.0%

Underlying basic earnings per share


Underlying basic earnings per share up 10.9%

Financial statements

The financial statements section includes the Independent Auditors’ report, income and cash flow statements, balance sheets and five year financial record.

Chairman’s statement

Chariman's statement

“The Board is pleased with the performance of Sainsbury’s over the last year. We have gained market share and we now have 21 million customer transactions a week, an increase of one million on last year...”

Best Convenience retailer

Best convenience retailer

We won Convenience Chain of the Year at the Retail Industry Awards 2010. The judges praised us for the great product choice and excellent service we provide to Sainsbury’s Local customers.

Making a difference in our communities

Making a difference in our communities

We were also recognised as Community Retailer of the Year for all the fantastic work our colleagues have been doing with local charities and communities including our Local Charity of the Year Scheme, as well as the work we have been doing with Comic Relief.

Number one for seafood

Number one for seafood

As the UK’s largest MSC retailer, we also received the Seafood Retailer of the Year award in recognition of the industry-leading work we have been doing to make fish more sustainable.

Investing in our people

Investing in our people

We’re the first ever food retailer to receive a gold accreditation from ‘Investors in People’ for our commitment to improve our business through investment in our colleagues. Providing colleagues with opportunities at work has helped Sainsbury’s to deliver against our Company goals and grow our business.

Raising animal welfare standards

Raising animal welfare standards

Sainsbury’s won Compassion in World Farming’s Best Volume Supermarket Award for 2010 and also one of the first ever Good Chicken Award wins for our continued commitment to improving animal welfare standards.

Leader in quality

Leader in quality

We picked up a total of nine Quality Food Awards this year, more than any other retailer. These awards show that we continue to offer the highest quality food at the lowest possible prices.

Striving for sustainability

Striving for sustainability

We have been recognised as the global industry leader in the Dow Jones Sustainability Index, having been awarded Gold status, showing that sustainability really is at the heart of our business.

Official partner of the London 2012
Paralympic Games

Official partner of the London 2012 Paralympic Games

With London 2012 just around the corner, we are proud to be the first ever sole-sponsor of the Paralympic Games. Our sponsorship is helping us to promote a healthier, more active lifestyle across all ages and abilities.