David Jones Annual Report 1009

2009

DAVID JONES ANNUAL REPORT

CONTENTS

Performance Analysis Chairman’s and Chief Executive Officer’s Report Five Year Financial Statistics Board of Directors Management Committee Corporate Governance Statement Environment Community Occupational Health & Safety Directors’ Report Remuneration Report Financial Statements Directors’ Declaration Auditor’s Independence Declaration Independent Audit Report Shareholder Information Corporate Directory

1 2 9 10 12 13 27 31 33 34 38 58 113 114 115 117 119

GLOSSARY OF TERMS USED IN THE ANNUAL REPORT AASB Australian Accounting Standards Board AIFRS Australian equivalents to International Financial Reporting Standards American Express American Express Australia Limited ASX Australian Securities Exchange Board The Board of Directors of David Jones Limited CAGR Compound Annual Growth Rate CEO Chief Executive Officer CODB Cost of Doing Business Company David Jones Limited Corporations Act The Corporations Act 2001 (Cth) Consolidated Entity David Jones Limited and its controlled entities, as listed in note 30 to the financial statements David Jones David Jones Limited DESP Deferred Employee Share Plan, as described in section 4 of the Remuneration Report DRP Dividend Reinvestment Plan EBIT Earnings Before Interest and Tax EC Employment Cost, as described in section 4 of the Remuneration Report EPS Earnings Per Share FY Financial Year KMP Key Management Personnel, as described in section 1 of the Remuneration Report LTI Plan Long Term Incentive Plan, as described in section 4 of the Remuneration Report NPAT Net Profit After Tax OH&S Occupational Health and Safety STI Scheme Short Term Incentive Scheme, as described in section 4 of the Remuneration Report TSR Total Shareholder Return, as described in section 4 of the Remuneration Report

2009 ANNUAL GENERAL MEETING The Annual General Meeting will be held on Monday 30 November 2009 at 11:00am at the Grand Hyatt Hotel, 123 Collins Street, Melbourne, Victoria. The Notice...