19 September 2017

The Manager

Market Announcements Office Australian Securities Exchange

Dear Manager,

2017 ANNUAL REPORT

Attached is the Wesfarmers Limited 2017 Annual Report.

A copy of the report will be sent by mid-October 2017 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,

LJ KENYON

COMPANY SECRETARY

2017 Annual Report

Delivering value today and tomorrow

The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.

About Wesfarmers

From 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 223,000 employees (including more than 4,200 Indigenous team members) and has

a shareholder base of approximately 515,000.

About this report

This annual report is a summary of Wesfarmers and its subsidiary

companies' operations, activities and financial position as at 30 June 2017. 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 2017 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.

Contents Overview Governance

2 The year in review

4 Chairman's message

6 Managing Director's report

8 Performance overview

62 Board of directors

64 Corporate Governance Overview

10 Executive Leadership Team Directors'report

Operating and financial review

12 Operating and financial review

22 Retail businesses

22 Coles

28 Home Improvement

34 Department Stores

  1. - Kmart

  2. - Target

40 Officeworks

44 Industrials

46 - Chemicals, Energy and Fertilisers

48 - Industrial and Safety

50 - Resources 52 Other activities

68 Directors' report

73 - Remuneration report

Financial statements

93 Financial statements

99 Notes to the financial statements

Signed reports
  1. Directors' declaration

  2. Independent auditor's report

Shareholder and ASX information Sustainability

145 Annual statement of coal resources and reserves 148 Shareholder information

149 Five-year financial history

53

Sustainability

150

Investor information

151

Corporate directory

152

Wesfarmers brands

Wesfarmers Ltd. published this content on 20 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 September 2017 00:09:02 UTC.

Original documenthttp://www.wesfarmers.com.au/docs/default-source/asx-announcements/2017-annual-report.pdf?sfvrsn=0

Public permalinkhttp://www.publicnow.com/view/EFAA9DE04E4CD21E2D2440205FF61B00D8DEB003