REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd Table of Contents FINANCIAL STATEMENTS 62 Consolidated Income Statement 62 Consolidated Statement of Comprehensive Income 63 Consolidated Statement of Financial Position 64 Consolidated Statement of Changes in Equity 66 Consolidated Statement of Cash Flows 67 ABOUT THIS REPORT 68 Basis of preparation 68 1. Corporate information 68 OUR PERFORMANCE 69 2. Segment information 69 3. Revenue from contracts with customers and other income 72 4. Expenses 75 5. Earnings per share (EPS) 76 6. Intangible assets and impairment 77 7. Income tax 80 RETURNS, RISK AND CAPITAL MANAGEMENT 83 8. Cash and cash equivalents 83 9. Financial risk management 84 10. Leases 91 11. Commissions 94 12. Dividends 95 13. Equity and reserves 95 14. Trade and other receivables and contract assets 97 15. Trade and other payables 98 16. Contingencies and commitments 99 OUR PEOPLE 100 17. Employee benefits 100 18. Share-based payments 101 GROUP STRUCTURE 105 19. Business combinations 105 20. Assets and liabilities held for sale 110 21. Investment in associates and joint ventures 111 22. Parent entity financial information 113 OTHER DISCLOSURES 115 23. Property, plant and equipment 115 24. Related parties 117 25. Remuneration of auditors 122 26. Other significant accounting policies 123 27. Events after the Statement of Financial Position date 124 Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 61