Below are the financial statements of Wesfarmers, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of AUD | 2024 | 2023 |
|---|---|---|
| Revenue | 44,189a | 43,550a |
| Expenses | — | — |
| Raw materials and inventory | -28,828a | -28,905a |
| Employee benefits expense | -6,639a | -6,333a |
| Freight and other related expenses | -687a | -704a |
| Occupancy-related expenses | -541a | -505a |
| Depreciation and amortisation | -1,800a | -1,701a |
| Impairment expenses | -44a | -36a |
| Other expenses | -1,840a | -1,677a |
| Total expenses | -40,379a | -39,861a |
| Other income | 144a | 165a |
| Share of net profits of associates and joint ventures | 35a | 9a |
| Earnings before finance costs and income tax expense | 3,989a | 3,863a |
| Interest on lease liabilities | -236a | -219a |
| Other finance costs | -166a | -135a |
| Profit before income tax expense | 3,587a | 3,509a |
| Income tax expense | -1,030a | -1,044a |
| Profit for the year attributable to equity holders of the parent | 2,557a | 2,465a |
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