SEEK : Full Year Statutory Accounts and Appendix 4E

APPENDIX 4E AND STATUTORY ACCOUNTS

For the year ended 30 June 2019

Lodged with the ASX under Listing Rule 4.3A

SEEK Limited ABN 46 080 075 314

1. Appendix 4E and Statutory Accounts

SEEK Limited

ABN 46 080 075 314

Year ended 30 June 2019

(Previous corresponding period: year ended 30 June 2018)

Results for Announcement to the Market

		Percentage		Amount
		Change		$m
Total sales revenue	Up	18%	To	1,537.3
Total revenue from ordinary activities	Up	18%	To	1,557.3
Profit for the period after tax	Up	120%	To	198.4
Net profit for the period attributable to the owners of SEEK Limited	Up	245%	To	180.3

Comparative information has been restated due to adoption of AASB 15 Revenue from Contracts with Customers.

Dividends

	Amount	Franked amount
Dividends/distributions	per security		per security
2018 final dividend paid	22.0 cents		22.0 cents
2019 interim dividend paid	24.0 cents		24.0 cents
2019 final dividend (declared after balance date)	22.0 cents		22.0 cents
Record date for determining entitlements to the dividend		12 September 2019
Dividend payable			3 October 2019
			Restated
		2019	2018
		cents per	cents per
		share	share
Net tangible assets per share		(292.27)	(264.87)
Net assets per share		483.11	463.90

A large proportion of the Group's assets are intangible in nature, including goodwill and identifiable intangible assets relating to businesses acquired. These assets are excluded from the calculation of net tangible assets per share, which results in the negative outcome.

This report is based on the Financial Report for the year ended 30 June 2019 which has been audited by PricewaterhouseCoopers.

Contents 1

Contents

Directors' Report	4
Remuneration Report	23
Auditor's Independence Declaration	41
Financial Report	42
Directors' Declaration	103
Independent Auditor's Report	104

This report covers SEEK Limited as a consolidated entity consisting of SEEK Limited (the Company) and its controlled entities. The Financial Report was authorised for issue by the directors on 20 August 2019. The Company has the power to amend and reissue the Financial Report.

SEEK Limited is a company limited by shares, incorporated and domiciled in Australia. Its registered principal place of business is:

Level 6

541 St Kilda Road Melbourne VIC 3004

A description of the nature of the consolidated entity's operations and its principal activities is included in the review of operations and activities in the Directors' Report on pages 4 to 40.

Through the use of the internet, we have ensured that our corporate reporting is timely, complete and available globally at minimum cost to the Company. All ASX Announcements, reports, presentations and other information are available at our Investor Centre on our website at www.seek.com.au/about/investors/.

2 Appendix 4E and Statutory Accounts

Our Purpose: We help people live more fulfilling and productive working lives and help organisations succeed.

IMAGE RIGHT

Amy Lee Seymour, Commercial Analyst at SEEK.

"I love working at SEEK, because every day I get to learn and develop the skills I'm passionate about, while contributing to a company that helps others find a way to do that too."

Directors' Report	3