Carsales Com : Appendix 4E Opens in a new Window

Appendix 4E

carsales.com Ltd

ABN 91 074 444 018

Results for Announcement to the Market

Full-year ended 30 June 2019

(Previous corresponding period: Full-year ended 30 June 2018)

				A$'000
Revenue from continuing operations	Up	10.78%	to	417,494
Profit for the year after tax	Down	54.44%	to	85,617
Net profit for the period attributable to members	Down	53.80%	to	85,274
Adjusted net profit for the period attributable to members	Up	2.78%	to	131,325*

Dividends / Distribution	Amount per	Franked amount
		security	per security
2018	Final Dividend paid	23.7 cents	23.7 cents
2019	Interim Dividend paid	20.5 cents	20.5 cents
2019	Final Dividend declared	25.0 cents	25.0 cents

2019 final dividend dates

Record date for determining entitlements to the dividends		25th September 2019
Latest date for dividend reinvestment plan participation		26th September 2019
Dividend payable			9th October 2019
	30 June 2019	30 June 2018	30 June 2018
			Restated**
Net tangible assets backing per ordinary share	(128.91 cents)	(132.99 cents)	(133.98 cents)

• The presentation of adjusted net profit provides the best measure to assess the performance of the Group by excluding one-off restructure costs, one-off bad debt expenses, net gain on step acquisition of associate, gain on associate dilution, associate one-off tax gain, option movement in fair value, finance cost write off, option unwinding discount, associate fair value revaluation loss and non-cash acquired intangible assets amortization from the reported IFRS measure. This is further detailed in Note 7(b).
  **See Note 1 for details about restatements for changes in accounting policies.

Other information required by Listing Rule 4.3A

Other information requiring disclosure to comply with Listing Rule 4.3A is contained in the 30 June 2019 Financial Report.