Endeavour : Appendix 4D and F22 Half-year Financial Report

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Appendix 4D and 2022 Half-Year Financial Report

Sydney: Monday, 21 February 2022

In accordance with ASX Listing Rule 4.2A, Endeavour Group Limited provides the following documents for the half-year ended 2 January 2022:

• Appendix 4D; and
• Half-YearFinancial Report.

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The release of this announcement was authorised by the Board.
Sean O'Sullivan	James Lopez
Investor Relations	Media
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Endeavour Group Limited ACN 159 767 843 | 26 Waterloo Street, Surry Hills, NSW, 2010 ASX Announcement | 21/02/2022

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Appendix 4D

Under ASX Listing Rule 4.2A

Endeavour Group Limited and its controlled entities for the half-year ended 2 January 2022

For personal use only

Results for announcement to the market

This Appendix 4D and Half-Year Financial Report presents the results of Endeavour Group Limited (the Company) and the entities it controlled at the end of, or during, the half-year ended 2 January 2022 (together referred to as the Group or Endeavour Group).

The current reporting period is the 27 weeks from 28 June 2021 to 2 January 2022 (the half-year) and the previous corresponding reporting period is the 27 weeks from 29 June 2020 to 3 January 2021.

Key information

	2 JANUARY 2022	3 JANUARY 2021
	27 WEEKS	27 WEEKS	CHANGE	CHANGE
	$M	$M	$M	%
Revenue from the sale of goods and services	6,337	6,357	(20)	(0.3%)
Profit for the period	311	269	42	15.6%
Profit for the period attributable to equity holders of the Company	311	269	42	15.6%

Details related to dividends

	AMOUNT PER	FRANKED AMOUNT PER	DIVIDEND
	ORDINARY SHARE	ORDINARY SHARE	DECLARED	PAYMENT DATE
	CENTS	CENTS	$M
2022 interim dividend 1	12.5	12.5	224	28 March 2022
2021 final dividend	7.0	7.0	125	22 September 2021
2021 interim dividend	53.8	53.8	269	17 May 2021
2020 final dividend	2.6	2.6	13	18 September 2020

1 The $224 million dividend declared represents the anticipated dividend based on shares on issue at the date of this report. This value will change if there are any shares issued between the date of this report and the ex-dividend date. The record date for determining entitlements is 

2 March 2022.

Net tangible (liabilities) per ordinary share

	2 JANUARY	3 JANUARY
	2022	2021 1
	CENTS	CENTS
Net tangible (liabilities) per ordinary share	(15.1)	(39.8)

1 On 25 June 2021, in advance of Endeavour Group's separation from Woolworths Group, Endeavour increased its number of ordinary shares from 500,000,000 to 1,790,980,017 via a share split. If the share split had occurred in the half-year ended 3 January 2021, the net tangible (liabilities) per ordinary share for that period would have been 11.1 cents.

Details of entities over which control has been gained or lost

During the half-year ended 2 January 2022 Endeavour Group gained control of Shorty's Liquor Holdings Pty Limited, an 80% owned subsidiary, when it was incorporated in Australia on 3 November 2021.

Other information

Additional Appendix 4D disclosure requirements and further information including commentary on significant features of the operating performance, results of segments, trends in performance, and other factors affecting the results for the half-year are included in the 2022 Half-Year Financial Report, and the accompanying F22 Half-Year Profit and Dividend Announcement.

The Consolidated Financial Statements contained within the 2022 Half-Year Financial Report, upon which this report is based, have been reviewed by Deloitte Touche Tohmatsu.

Endeavour Group 2022 Half-Year Financial Report

For personal use only

2022

Half-Year

Financial Report

For the half‑year ended 2 January 2022

Endeavour Group

ABN 77 159 767 843

2022 Half-Year Financial Report Table of Contents

only	Directors' Report
Auditor's Independence Declaration
Consolidated Financial Statements
Consolidated Statement of Profit or Loss
Consolidated Statement of Comprehensive Income
Consolidated Statement of Changes in Equity
use	Consolidated Balance Sheet
Consolidated Statement of Cash Flows
	Condensed Notes to the Consolidated Financial Statements
	1	Basis of preparation
	1.1	Basis of preparation
	1.2	Deficiency in net current assets
	1.3	The Demerger
personalFor	2	New and amended standards adopted by the Group
3	Revenue from the sale of goods and services
4	Segment disclosures
	5	Finance costs
	6	Leases
	6.1	Lease assets
	6.2	Lease liabilities
	7	Provisions
	8	Dividends
	9	Contributed equity
	10	Subsequent events

Directors' Declaration

Independent Auditor's Report

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Endeavour Group 2022 Half-Year Financial Report

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For personal use only

Directors' Report

The Directors of Endeavour Group Limited (Endeavour) present their report, together with the Half-Year Financial Report of Endeavour and its controlled entities (the Group or Endeavour Group), for the half-year ended 2 January 2022.

In order to comply with the provisions of the Corporations Act 2001, the Directors' Report is as follows:

Review and Results of Operations

Refer to the accompanying F22 Half-Year Profit and Dividend Announcement for the 27-week period ended 2 January 2022.

The Directors

The names of the Directors of Endeavour holding office during or since the end of the half-year are:

Non-executive Directors

Peter Hearl (Chairman)

Holly Kramer

Duncan Makeig

Bruce Mathieson Sr

Joanne Pollard

Colin Storrie

Catherine West

Executive Directors

Steve Donohue (Managing Director and CEO)

Auditor's Independence Declaration

The auditor's independence declaration is included on page 3 of the 2022 Half-Year Financial Report.

The Directors' Report is made in accordance with a resolution of the Directors of Endeavour and is dated 21 February 2022.

Peter Hearl	Steve Donohue
Chairman	Managing Director and CEO

Endeavour Group 2022 Half-Year Financial Report

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