Key audit matter How our audit addressed the key audit matter balance, the refinancing of facilities and resetting of We read the binding term sheet which is subject to definitive covenants subsequent to period end, the cyclical documentation between the Group and its lenders to financing demands of the business and the importance of develop an understanding of the terms associated with the capital in supporting the Group’s strategy, the accountingfacilities and the amount of facility available for drawdown. for the Group’s borrowings was considered a key audit We evaluated whether the debt was classified in accordance matter. with Australian Accounting Standards and we also evaluated the adequacy of the disclosures made in note D3 and H6. Other information The directors are responsible for the other information. The other information comprises the information included in the annual report for the period ended 28 July 2018, but does not include the financial report and our auditor’s report thereon. Prior to the date of this auditor's report,the other information we obtained included the Directors' Report and ASX Additional Information. We expect the remaining other information to be made available to us after the date of this auditor's report, including Chairman and CEO Report, Performance Review, Company Snapshot, Shareholder Information and Corporate Directory. Our opinion on the financial report does not cover the other information and we do not and will not express an opinion or ayor of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information identified above and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit, or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report,we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. When we read the other information not yet received as identified above, if we conclude that there is a material misstatement therein, we are required to communicate the matter to the directors and use our professional judgement to determine the appropriate action to take. Responsibilities of the directors for the financial report The directors of the Company are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or to cease operations, or have no realistic alternative but to do so. 92Myer Annual Report 2018