REA Group Ltd Annual Report 2021

Notes to the Consolidated Financial Statements for the year ended 30 June 2021 REA Group Ltd | Annual Report 2021 3. Revenue from contracts with customers and other income (continued) (b) Revenue from contracts with customers reconciliation Consolidated for the year ended 30 June 2021 Total revenue for the Group: Type of services Property &Online Advertising $’000 Financial Services $’000 Asia $’000 India $’000 Total $’000 Revenue from property & online advertising 846,309 – 40,193 17,335 903,837 Revenue from financial services – 101,529 – – 101,529 Total revenue 846,309 101,529 40,193 17,335 1,005,366 Consolidated for the year ended 30 June 2021 Total revenue for the Group: Timing of revenue Property &Online Advertising $’000 Financial Services $’000 Asia $’000 India $’000 Total $’000 Services transferred at a point in time 14,690 101,529 31 8,420 124,670 Services transferred over time 831,619 – 40,162 8,915 880,696 Total revenue 846,309 101,529 40,193 17,335 1,005,366 Consolidated for the year ended 30 June 2020 Total revenue for the Group: Type of services Property &Online Advertising $’000 Financial Services $’000 Asia $’000 India $’000 Total $’000 Revenue from property & online advertising 746,700 – 47,862 – 794,562 Revenue from financial services – 87,295 – – 87,295 Total revenue 746,700 87,295 47,862 – 881,857 Consolidated for the year ended 30 June 2020 Total revenue for the Group: Timing of revenue Property &Online Advertising $’000 Financial Services $’000 Asia $’000 India $’000 Total $’000 Services transferred at a point in time 12,229 87,295 59 – 99,583 Services transferred over time 734,471 – 47,803 – 782,274 Total revenue 746,700 87,295 47,862 – 881,857 Reconciliation of operating income: 2021 $’000 2020 $’000 Total revenue 1,005,366 881,857 Expense from franchisee commissions (77,555) (61,588) Total operating income 927,811 820,269 74 Financial Statements