21 September 2016
The Manager
Market Announcements Office Australian Securities Exchange
Dear Sir,
2016 ANNUAL REPORTAttached is the Wesfarmers Limited 2016 Annual Report.
A copy of the report will be sent by mid-October 2016 to those shareholders who have elected to receive a copy. The report is also available on the company's website www.wesfarmers.com.au.
Yours faithfully,
L J KENYON
COMPANY SECRETARY
DELIVERING VALUE TODAY AND TOMORROW
About WesfarmersFrom its origins in 1914 as a Western Australian farmers' cooperative, Wesfarmers has grown into one of Australia's largest listed companies.
With headquarters in Western Australia, its diverse business operations cover: supermarkets, liquor, hotels and convenience stores; home improvement; department stores; office supplies; and an Industrials division with businesses in chemicals, energy and fertilisers, industrial and safety products and coal. Wesfarmers is Australia's largest private sector employer with around 220,000 employees and has a shareholder base of approximately 530,000.
About this reportThis annual report is a summary of Wesfarmers' and its subsidiary companies' operations, activities and financial position as at
30 June 2016. In this report references to 'Wesfarmers', 'the company', 'the Group', 'we', 'us' and 'our' refer to Wesfarmers Limited (ABN 28 008 984 049)
unless otherwise stated.
References in this report to a 'year' are to the financial year ended 30 June 2016 unless otherwise stated. All
dollar figures are expressed in Australian dollars (AUD) unless otherwise stated.
All references to 'Indigenous' people are intended to include Aboriginal and/or Torres Strait Islander people.
Wesfarmers is committed to reducing the environmental footprint associated with the production of the annual report and printed copies are only posted to shareholders who have elected to receive a printed copy. This report is printed on environmentally responsible paper manufactured under
ISO 14001 environmental standards.
The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.OVERVIEW
OPERATING AND
FINANCIAL REVIEW
SUSTAINABILITY
GOVERNANCE
DIRECTORS'
REPORT
FINANCIAL
STATEMENTS
SIGNED
REPORTS
SHAREHOLDER AND
ASX INFORMATION
CONTENTSOVERVIEW | 2 | CHAIRMAN'S MESSAGE |
4 | MANAGING DIRECTOR'S REPORT | |
6 | PERFORMANCE OVERVIEW | |
8 | EXECUTIVE LEADERSHIP TEAM | |
OPERATING AND FINANCIAL REVIEW | 10 | OPERATING AND FINANCIAL REVIEW |
20 | RETAIL BUSINESSES | |
20 | COLES | |
26 | HOME IMPROVEMENT | |
32 | DEPARTMENT STORES | |
34 | - TARGET | |
35 | - KMART | |
38 | OFFICEWORKS | |
42 | INDUSTRIALS | |
44 | - CHEMICALS, ENERGY AND FERTILISERS | |
46 | - INDUSTRIAL AND SAFETY | |
48 | - RESOURCES | |
50 | OTHER ACTIVITIES | |
SUSTAINABILITY | 51 | SUSTAINABILITY |
GOVERNANCE | 60 | BOARD OF DIRECTORS |
62 | CORPORATE GOVERNANCE OVERVIEW | |
DIRECTORS' REPORT | 66 | DIRECTORS' REPORT |
71 | - REMUNERATION REPORT | |
FINANCIAL STATEMENTS | 85 | FINANCIAL STATEMENTS |
91 | NOTES TO THE FINANCIAL STATEMENTS | |
SIGNED REPORTS | 132 | DIRECTORS' DECLARATION |
133 | INDEPENDENT AUDITOR'S REPORT | |
SHAREHOLDER AND ASX INFORMATION | 134 | ANNUAL STATEMENT OF COAL RESOURCES AND RESERVES |
137 | SHAREHOLDER INFORMATION | |
138 | FIVE-YEAR FINANCIAL HISTORY | |
139 | INVESTOR INFORMATION | |
140 | CORPORATE DIRECTORY | |
141 | WESFARMERS BRANDS |
Wesfarmers Ltd. published this content on 22 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 September 2016 04:33:07 UTC.
Original documenthttp://www.wesfarmers.com.au/docs/default-source/asx-announcements/2016-annual-report.pdf?sfvrsn=0
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