REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd Performance by region 2021 Australia Asia India North America Corporate Total Property &Online Advertising $’000 Financial Services $’000 $’000 $’000 $’000 $’000 $’000 Segment operating income 1 Total segment operating income 1 848,025 23,974 41,037 17,335 – – 930,371 Inter-segment operating income 1 (1,716) – (844) – – – (2,560) Operating income 1 846,309 23,974 40,193 17,335 – – 927,811 Results Segment EBITDA from core operations (excluding share of gains and losses of associates and joint ventures) 580,010 6,417 10,099 (18,048) – (22,858) 555,620 Share of gains/ (losses) of associates and joint ventures (1,422) – (2,869) (2,446) 15,875 3,480 12,618 Gain on acquisitions and disposals 3 – – – – – (3,480) (3,480) Segment EBITDA from core operations 578,588 6,417 7,230 (20,494) 15,875 (22,858) 564,758 Restructure costs – – – – – (926) (926) Net gain/(loss) on acquisitions and disposals and transaction costs – – – – – (1,023) (1,023) Integration costs – – – – – (3,923) (3,923) Historic tax provision 2 – – – – – (3,245) (3,245) EBITDA 578,588 6,417 7,230 (20,494) 15,875 (31,975) 555,641 Depreciation and amortisation (82,612) EBIT 473,029 Net finance expense (4,669) Profit before income tax 468,360 1 This represents revenue less commissions for financial services. 2 Historic indirect tax provision reflects potential retrospective changes to interpretation of tax law. 3 Gain relating to Move, Inc. sale of Top Producer. Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 33