REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd In the Directors’ opinion: a. the Financial Statements and notes of the consolidated entity for the financial year ended 30 June 2021 set out on pages 61 – 124 are in accordance with the Corporations Act 2001 , including: giving a true and fair view of the consolidated entity’s financial position as at 30 June 2021 and of its performance for the financial year ended on that date; and complying with Australian Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements; b. The Basis of Preparation note confirms that the Financial Statements also comply with International Financial Reporting Standards as issued by the International Accounting Standards Board; c. there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable; d. the Directors have been given the declarations by the Chief Executive Officer and Chief Financial Officer required by section 295A of the Corporations Act 2001 for the financial year ended 30 June 2021; and e. as at the date of this declaration, there are reasonable grounds to believe that the members of the Closed Group identified in Note 24 will be able to meet any obligations or liabilities to which they are or may become subject, by virtue of the Deed of Cross Guarantee. This declaration is made in accordance with a resolution of the Directors. Mr Hamish McLennan Chairman Mr OwenWilson Chief Executive Officer Melbourne 6 August 2021 Directors’ Declaration Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 125