David Jones Annual Report 2008

2008

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 30 31 32 36 58 117 118 119 121 123

GLOSSARY OF TERMS USED IN THE ANNUAL REPORT AASB Australian Accounting Standards Board AGAAP Australian Generally Accepted Accounting Principles AIFRS Australian equivalents to International Financial Reporting Standards ASX Australian Securities Exchange Limited Board The Board of Directors of David Jones Board Charter The charter setting out (among other things) the role, purpose and structure of the Board, available in the corporate governance section at www.davidjones.com.au CAGR Compound Annual Growth Rate CEO Chief Executive Officer CODB Total Cost of Doing Business Company David Jones 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 EESP Exempt Employee Share Plan, as described in note 29 to the Financial Statements 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 3 of the Remuneration Report NPAT Net Profit After Tax ROFE Return On Funds Employed, as described in section 4 of the Remuneration Report RPS Reset Preference Share STI Scheme Short Term...