Aristocrat Leisure : FY2020 Results Announcement

ARISTOCRAT LEISURE LIMITED

ABN 44 002 818 368

2020 PROFIT

ANNOUNCEMENT

RESULTS TO BE RELEASED

TO THE MARKET

ANNUAL INFORMATION GIVEN TO THE ASX

UNDER LISTING RULE 4.3A

ARISTOCRAT LEISURE LIMITED

BUILDING A PINNACLE OFFICEPARK

85 EPPING ROAD

NORTH RYDE NSW 2113

2020 PROFIT

ANNOUNCEMENT CONTENTS

Appendix 4E - Results for announcement to the market

Director's Report

• Operating and Financial Review
• Remuneration Report

Auditor's Independence Declaration

2020 Financial Statements

• Statement of profit or loss and other comprehensive income
• Balance sheet
• Statement of changes in equity
• Cash flow statement
• Notes to the financial statements

Directors' Declaration

Independent Auditor's Report

Aristocrat Leisure Limited Preliminary final report 30 September 2020

ARISTOCRAT LEISURE LIMITED

A.B.N. 44 002 818 368

APPENDIX 4E

Preliminary Final Report

Period ended: 30 September 2020

Previous corresponding period: 30 September 2019

Results for announcement to the market

					2020
Statutory results					$'m
Revenue from ordinary activities		down	-5.9%	to	4,139.1
Profit from ordinary activities after tax		up	97.2%	to	1,377.7
Normalised results1
Operating revenue		down	-5.9%	to	4,139.1
Profit after tax and before amortisation of acquired intangibles		down	-46.7%	to	476.6
Dividends
					Record date for
					determining
	Amount per	Franked amount		entitlements to
	security		per security		dividends
Current year - 2020:
- Interim dividend	0.0c		0.0c		Not applicable
- Final dividend	10.0c		10.0c		2 December 2020
Previous year - 2019:
- Interim dividend	22.0c		22.0c		30 May 2019
- Final dividend	34.0c		34.0c		29 November 2019

Dividend Reinvestment Plan

The Aristocrat Leisure Limited Dividend Reinvestment Plan (DRP) will not operate in respect of the 2020 final dividend.

For further explanation of the above figures please refer to the operating and financial review and market presentations. Other financial information required by the Appendix 4E is contained in the financial statements.

Audit

This report is based on accounts that have been audited. The audit report is included as part of this profit announcement.

1 Normalised results exclude the impact of certain significant items which are either individually or in aggregate material to Aristocrat and are outside the ordinary course of business or part of the ordinary activities of the business but unusual due to their size and nature. Details are provided in the Operating and Financial Review.

1

DIRECTORS' REPORT

FOR THE 12 MONTHS ENDED 30 SEPTEMBER 2020

The Directors present their report together with the Financial Statements of the Company and its subsidiaries (the Group) for the 12 months ended 30 September 2020 (the financial year). The information in this report is current as at 18 November 2020 unless otherwise specified.

This Directors' Report has been prepared in accordance with the requirements of Division 1 of Part 2M.3 of the Corporations Act 2001 (Cth) (the Act).

REVIEW AND RESULTS OF OPERATIONS

A review of the operations of the Group for the financial year and the results of those operations, including a discussion on the impacts of the COVID-19 pandemic on the Group's operations, is set out in the Operating and Financial Review which forms part of this Directors' Report.

FINANCIAL RESULTS

The reported result of the Group attributable to shareholders for the 12 months ended 30 September 2020 was a profit of $1,377.7 million after tax (2019: profit of $698.8 million after tax).

Further details regarding the financial results of the Group are set out in the Operating and Financial Review and Financial Statements.

DIVIDENDS

Since the end of the financial year, the Directors have authorised a final fully franked dividend of 10.0 cents (2019: 34.0 cents) per fully-paid ordinary share. Details of the dividends paid and declared during the financial year are set out in Note 1-6to the Financial Statements.

REMUNERATION REPORT

Details of the remuneration policies in respect of the Group's Key Management Personnel are detailed in the Remuneration Report which forms part of this Directors' Report. Details of Directors' interests in shares of the Company as at the date of this report are set out on page 54 of the Remuneration Report.

ENVIRONMENTAL REGULATION

The Group's operations have a limited impact on the environment. The Group is subject to a number of environmental regulations in respect of its integration activities. The Company does not manufacture gaming machines, it only integrates (assembles) machines and systems in Australia, the USA, Macau, and the UK. The Company uses limited amounts of chemicals in its assembly process. The Directors are not aware of any breaches of any environmental legislation or of any significant environmental incidents during the financial year.

Based on current emission levels, the Company is not required to register and report under the National Greenhouse and Energy Reporting Act 2007 (Cth) (NGER Act). However, the Company continues to receive reports and monitors its position to ensure compliance with the NGER Act.

The Company is committed to not only complying with the various environmental laws to which its operations are subject, but also to achieving a high standard of environmental performance across all its operations. The Company is aware of, and continues to plan for, any new Australian regulatory requirements on climate change. Where identified, climate related risks are managed and mitigated through Aristocrat's enterprise risk management processes, which explicitly encompasses climate related risks and opportunities. These risks are also considered as part of core business processes, including strategy development and business continuity planning.

Aristocrat has adopted a phased approach to expanding climate-related disclosures, with improvements being driven over three years, with an initial focus on Risk Management, Governance and Strategy disclosures. Aristocrat undertakes a materiality assessment to identify Environmental, Social, and Governance (ESG) issues relevant to the business on a periodic basis, and environmental issues are considered as part of this assessment.

SUSTAINABILITY

Further details on sustainability can be found on the Company's website www.aristocrat.com

PRINCIPAL ACTIVITIES

The principal activities of the Group during the financial year were the design, development and distribution of gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's objective is to be the leading global provider of gaming solutions.

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS

Other than the impacts of the COVID-19 pandemic discussed in this Directors' Report (including in the Operating and Financial Review), there were no significant changes in the state of affairs of the Group during the financial year.

EVENTS AFTER BALANCE DATE

Other than the Board authorising the final dividend, since the end of the year and to the date of this Directors' Report, no other matter or circumstance has arisen that has significantly affected or may significantly affect the Group's operations, results of those operations or state of affairs in future reporting periods.

LIKELY DEVELOPMENTS AND EXPECTED RESULTS

Likely developments in the operations of the Group in future financial years and the expected results of operations are referred to in the Operating and Financial Review which forms part of this Directors' Report.

2 ARISTOCRAT LEISURE LIMITED