CAR GROUP LIMITED — Earnings Release 2019

Aug 20, 2019

ABN 91 074 444 018

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Appendix 4E

carsales.com Ltd

Results for Announcement to the Market

Full-year ended 30 June 2019

(Previous corresponding period: Full-year ended 30 June 2018)

			A$’000
Revenuefrom continuing operations		Up 10.78%	to 417,494
Profitfor the year after tax		Down 54.44%	to 85,617
Net profitfor the period attributable to members		Down 53.80%	to 85,274
Adjusted net profitfor the period attributable to members		Up 2.78%	to 131,325*
Dividends / Distribution		Amount per	Franked amount
		security	per security
2018 Final Dividend paid		23.7 cents	23.7 cents
2019 Interim Dividend paid		20.5 cents	20.5 cents
2019 Final Dividend declared		25.0 cents	25.0 cents
2019 final dividend dates
Record date for determining entitlements to the dividends			25thSeptember 2019
Latest date for dividend reinvestment plan participation			26thSeptember 2019
Dividend payable			9thOctober 2019
	30 June 2019	30 June 2018	30 June 2018
			Restated**
Net tangible assets backing per ordinary share	(128.91 cents)	(132.99 cents)	(133.98 cents)

* The presentation of adjusted net profit provides the best measure to assess the performance of the Group by excluding one-off restructure costs, one-off bad debt expenses, net gain on step acquisition of associate, gain on associate dilution, associate one-off tax gain, option movement in fair value, finance cost write off, option unwinding discount, associate fair value revaluation loss and non-cash acquired intangible assets amortization from the reported IFRS measure. This is further detailed in Note 7(b).

**See Note 1 for details about restatements for changes in accounting policies.

Other information required by Listing Rule 4.3A

Other information requiring disclosure to comply with Listing Rule 4.3A is contained in the 30 June 2019 Financial Report.