2017 financial report Housing Industry Association Limited ACN 004 631 752 Concise Financial Report for the year ended 31 December 2017 contents Directors’ Report 36 Auditor’s Independence Declaration under Section 307C of the Corporations Act 2001 40 Discussion and Analysis of the Financial Statements 41 Consolidated Statement of Profit or Loss and Other Comprehensive Income 42 Consolidated Statement of Financial Position 43 Consolidated Statement of Changes in Equity 44 Consolidated Statement of Cash Flows 44 Notes to the Consolidated Financial Statements 45 Directors’ Declaration 45 Independent Auditor’s Report 46 HIA ANNUAL REPORT 2017 35|