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It outlines how non-IFRS financial measures are presented, notes limitations in direct comparability, and explains their use by management and directors for assessing business performance, trends, and segment results. 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time period does the Woolworths Group 2024 Annual Report cover?","Question",{"text":113,"@type":114},"It covers 53 weeks ended 30 June 2024.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"Why does the report include non-IFRS financial measures?",{"text":118,"@type":114},"Non-IFRS measures provide additional meaningful information about underlying drivers and are used by management and directors as primary measures for assessing performance and segment results.",{"name":120,"@type":111,"acceptedAnswer":121},"What limitation is stated about non-IFRS measures when comparing companies?",{"text":122,"@type":114},"They may not be directly comparable with other companies’ measures, even though such disclosures are common practice in the 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\nPerformance Highlights  \nAbout Woolworths Group 4  \nChair Report 6  \nCEO Report 8  \nHow we work together 10  \nOur business model 12  \nOur value chain 14  \nOur operating context 16  \nBalancing the needs  \nof all our stakeholders 18  \nGroup financial performance 26  \nSECTION 2  \nBusiness review  \nAustralian Food 30  \nAustralian B2B 36  \nNew Zealand Food 38  \nBIG W 40  \nAddressing climate and nature to support food  \nsystems resilience 42  \nManaging our risks 62  \nSECTION 3  \nDirectors’ Report Governance 70  \nBoard of Directors 72  \nGroup Executive Committee 75  \nDirectors’ Statutory Report 78  \nRemuneration Report 80  \nSECTION 4  \nFinancial Report  \nAuditor’s Independence  \nDeclaration 104  \nFinancial Report 105  \nDirectors’ Declaration 167  \nIndependent Auditor’s Report 168  \nSECTION 5  \nOther information Shareholder information 172  \nSubleases 174  \nGlossary 175  \nCompany directory 177  \n100 years of Woolworths Group  \nAs we approach our centenary year, we reflect on our proud history, who we are today, and look ahead to the next chapter.  \n1924  \n1929  \n1960  \n1973  \n1976  \n1987  \n1993  \n1999  \n2005  \n2008  \n2017  \n2018  \n2021  \n2021  \n2023  \n2024  \nOpened first Australian store  \nWoolworths Stupendous Bargain Basement  \nOpened first New Zealand store  \nlocated on Cuba Street, Wellington  \nOpened first Woolworths Supermarket  \nlocated in Warrawong, NSW  \nWoolworths own brand comes to life  \nwith development of first own brand products  \nOpened first BIG W  \nlocated in Tamworth, NSW  \nLaunched ‘The Fresh Food People’  \nWoolworths Supermarkets brand campaign  \nRelisted on the Australian Stock Exchange (ASX)  \nwith more than 330,000 investors, after delisting in 1989  \nBegan Project Refresh  \na multi-year transformation program, involving store renewals and streamlined operations  \nRe-entered the New Zealand market  \nwith the acquisition of Progressive Enterprises Limited  \nLaunched Everyday Rewards  \nthe Group’s rewards and loyalty program  \nEstablished WooliesX  \nAustralian Food’s standalone digital, eCommerce and loyalty business  \nSale of fuel business  \nwith proceeds returned to shareholders via a share buy-back  \nAcquired a majority stake in PFD Food Services  \none of Australia’s leading B2B food service businesses  \nCompleted demerger of Endeavour Group  \nthe Group’s drinks and hospitality business  \nBegan rebrand in New Zealand  \nfrom Countdown to Woolworths  \nAcquired a majority stake in Petstock  \nevolving our Everyday Retail strategy  \nBetter together for the next 100 years...  \nImage: Team Christmas celebration at our Woolworths Variety Store in Townsville, Qld, 1939.  \nBetter together for years  \nThis year marks 100 years since Woolworths Group opened its first store on Pitt St in Sydney on Friday, 5 December 1924 and served its very first customers.  \nSome things never change. Service is as important today as it’s always been. Today, over 200,000 hard working team members work across our Group and proudly serve all the communities in which we operate across Australia and New Zealand.  \nAs we celebrate our centenary and look ahead to the future, all of our decisions and actions reinforce our purpose to continue delivering long-term, sustainable value  \nfor all our stakeholders.  \nCreating better experiences together for a better tomorrow  \n1  \n1  \n2  \n3  \n4  \n5  \nImage: Team members at reopening of Bethlehem Supermarket in New Zealand, 2023.  \nWoo lworths Group  \nAnnual Report 2024  \nPerformance Business D irectors' Financial Other  \nhighlights review Report Report information  \n2  \nAbout this report  \nThe 2024 Annual Report for the 53 weeks ended 30 June 2024 contains certain non-IFRS financial measures of historical financial performance, balance sheet or cash flows. Non-IFRS financial measures are financial measures other than those defined or specified under all relevant accounting standa","cbCaihA0Bkr740b3","https://ap.wps.com/l/cbCaihA0Bkr740b3","pdf",10029583,91,"English","# Contents\n## Section 1 Performance Highlights\n## About Woolworths Group\n## Chair Report\n## CEO Report\n## Our business model\n## Our operating context\n## Group financial performance\n## Section 2 Business review\n## Australian Food\n## Australian B2B\n## New Zealand Food\n## BIG W\n## Addressing climate and nature to support food systems resilience\n## Managing our risks\n## Section 3 Directors’ Report\n## Directors’ Statutory Report\n## Remuneration Report\n## Section 4 Financial Report\n## Independent Auditor’s Report\n## Section 5 Other information\n## Shareholder information\n## Glossary\n## Company directory","[{\"question\":\"What time period does the Woolworths Group 2024 Annual Report cover?\",\"answer\":\"It covers 53 weeks ended 30 June 2024.\"},{\"question\":\"Why does the report include non-IFRS financial measures?\",\"answer\":\"Non-IFRS measures provide additional meaningful information about underlying drivers and are used by management and directors as primary measures for assessing performance and segment results.\"},{\"question\":\"What limitation is stated about non-IFRS measures when comparing companies?\",\"answer\":\"They may not be directly comparable with other companies’ measures, even though such disclosures are common practice in the industry.\"}]","Woolworths Group 2024 Annual Report | PDF",229,[147,151,155,159,163,166,170,174,177,181],{"page_no":8,"url":148,"width":149,"height":150},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/a3c57e36dacb7c7767f0bdca236149bd.webp",983,1390,{"page_no":14,"url":152,"width":153,"height":154},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/c211005a99416708040e2f6cb232b975.webp",982,694,{"page_no":81,"url":156,"width":157,"height":158},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/b2b27050b357039f1b9cc15df951aad4.webp",981,693,{"page_no":19,"url":160,"width":161,"height":162},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/12deec1f3212515ac53b809540c53c35.webp",980,692,{"page_no":24,"url":164,"width":165,"height":162},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/b6db6220e501506eda0dfac02076b7ab.webp",979,{"page_no":29,"url":167,"width":168,"height":169},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/1890a93df5ad8c199d8a92928fbd5d06.webp",978,691,{"page_no":34,"url":171,"width":172,"height":173},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/fbc9b555969d91c6b3643da561b5a23f.webp",977,690,{"page_no":39,"url":175,"width":176,"height":173},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/f2cc79e1c96745bf7699b061b0447ff9.webp",976,{"page_no":44,"url":178,"width":179,"height":180},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/f3802ae40096a860ba9afd76d1c786ab.webp",975,689,{"page_no":52,"url":182,"width":183,"height":184},"https://res-academy.cache.wpscdn.com/upload/kdocshare/2026-11-08/042fc17117c616e42607cc723a07b422.webp",974,688]