REA Group Ltd Annual Report 2021

Directors’ Report continued REA Group Ltd | Annual Report 2021 Performance by region (continued) 2020 Restated 2 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 1 747,467 25,707 48,795 – – – 821,969 Inter-segment operating income 1 (767) – (933) – – – (1,700) Operating income 1 746,700 25,707 47,862 – – – 820,269 Results Segment EBITDA from core operations (excluding share of losses of associates and joint ventures) 495,545 10,046 8,880 – – (22,398) 492,073 Share of gains/ (losses) of associates and joint ventures (154) (182) (1,418) (7,493) (7,223) 1,059 (15,411) Gain on acquisitions and disposals – – – – – (1,059) (1,059) Segment EBITDA from core operations 495,391 9,864 7,462 (7,493) (7,223) (22,398) 475,603 Impairment – – – – – (148,569) (148,569) Restructure costs – – – – – (8,159) (8,159) Revaluation of contingent consideration – – – – – 1 1 Net gain/(loss) on acquisitions and disposals – – – – – (1,000) (1,000) EBITDA 495,391 9,864 7,462 (7,493) (7,223) (180,125) 317,876 Depreciation and amortisation (78,620) EBIT 239,256 Net finance expense (5,562) Profit before income tax 233,694 1 This represents revenue less commissions for financial services. 2 Comparative information for the year ended 30 June 2020 has been restated to show India as a separate operating segment. 34 Directors’ Report