Carsales Com : Annual Report 2019 Opens in a new Window
August 21, 2019 at 03:48 am IST
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Annual Report 2019
ABN 91 074 444 018
carsales.com Ltd Annual Report 2019
Contents
Our Purpose
2
Our Business
4
Our Global Presence
6
Our Operations
7
Financial Performance
8
Chair and CEO letter
10
Our Strategy
13
Our Australian Business
14
Our Australian Commercial Business
16
Our Australian Consumer Business
20
Our International Businesses
24
Future Horizons
28
Data and Innovation at carsales
30
Directors' Report
32
Directors' Report - People
36
Corporate Governance
42
Environmental, Social and
Governance Report
42
Our Environmental Commitments
43
Our Board
44
Our Executive Leadership Team
46
Our Remuneration Chair's Letter
48
Remuneration Report
49
Other Directors' Report Disclosures
78
Auditor's Independence Declaration
82
Financial Statements
83
Directors' Declaration
150
Independent Auditor's Report
151
Shareholder Information
157
Corporate Directory
159
carsales.com Ltd (ASX: CAR) is the largest online automotive, motorcycle and marine classifieds business in Australia, attracting more Australians interested in buying and selling cars, motorcycles, trucks, caravans and boats than any other group of websites.
Together with its subsidiaries employing more than 600 people in Australia and 1200 globally, carsales develops world-leading technology and advertising solutions that empower people to move freely through our marketplaces.
The carsales.com Ltd Network has operations across the world and has interests in leading automotive classifieds businesses in Brazil, South Korea, Mexico, Chile and Argentina.
carsales.com Ltd Annual Report 2019
1
Our Purpose
We empower people to move freely through our world-leading marketplaces.
2
carsales.com Ltd Annual Report 2019
We focus on successful outcomes for our customers
Innovation is part of our DNA
Our products and services are frictionless and we are easy to deal with
We think 'global first'
We aspire to give our customers the knowhow and confidence to transact
Our team never settles and always strives for world-classcustomer-centric solutions
carsales.com Ltd Annual Report 2019
3
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Carsales.com Limited published this content on 21 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2019 22:17:04 UTC
CAR Group Limited, formerly Carsales.Com Ltd, is an Australia-based online automotive, motorcycle and marine classifieds business. The Company provides a marketplace to buy and sell cars, motorcycles, trucks, caravans, and boats. Its segments include Australia-Online Advertising Services; Australia-Data, Research and Services; Australia-carsales investments; North America; Latin America, and Asia. The Australia-Online Advertising Services segment include online automotive classifieds, display advertising services and finance commission. The Australia-Data, Research and Services segment includes automotive data services including software, analysis, research and reporting, valuation services, Website development, hosting, and photography services. The Australia-carsales investments segment include online tire retail and wholesale and inspection services. The North America and Asia segment includes online automotive classifieds, display advertising services and automotive data services.