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 ReportDelivering 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 Governance2 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 review12 Operating and financial review
22 Retail businesses
22 Coles
28 Home Improvement
34 Department Stores
- Kmart
- 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 statements93 Financial statements
99 Notes to the financial statements
Signed reportsDirectors' declaration
Independent auditor's report
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
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