Ann: Appendix 4C - quarterly, page-85

Interest expenses t is a deduction and affects profit however debt repayment does not and would not in any country period, it is merely a reduction of an asset and reduction of a liability for accounting purposes.

By Australian accounting standards store acquisitions and refurbs should not be flatly expensed but it appears as though they can in this case if they want to. However this is not such a bad thing as the tax savings are recognized immediately so whilst it drops NPAT for a dividend purpose it means more money in the bank account sooner!