2017 - API

2017 Australian Pharmaceutical Industries LimitedABN: 57 000 004 320 TABLE OF CONTENTSANNUAL REPORT 2017 Message from the Chairman and CEO ..1 Priceline Sisterhood Foundation ..6 Directors Report ..8 Lead Auditor s Independence Declaration ..32 Consolidated Income Statement ..33 Consolidated Statement of Comprehensive Income ..34 Consolidated Statement of Financial Position ..35 Consolidated Statement of Cash Flows ..36 Consolidated Statement of Changes in Equity ..37 Notes to the Financial Statements ..38 Directors Declaration ..79 Independent Auditor s Report ..80 Shareholder Information ..85 Corporate Directory ..88 Enriching life as the most inspirational choice for health, beauty and Pharmaceutical Industries Limited Annual Report 2017 The Directors present their report together with the financial report of Australian Pharmaceutical Industries Limited ( the Company ) and of the consolidated entity, being the Company and its controlled entities, for the year ended 31 August 2017 and the Auditor s report has a focused growth strategy centred on two key first is building Priceline Pharmacy s position as Australia s favourite mass market health and beauty retailer.

API has a focused growth strategy centred on two key objectives. The first is building Priceline Pharmacy’s position as Australia’s favourite mass market health

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