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## NOTEs TO THE FINANCIAL sTATEMENTs FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 

## 4. sIGNIFICANT ITEMs 

The net profit after tax includes the following items whose disclosure is relevant in explaining the financial performance of the consolidated entity. 

Significant items are those items of such a nature or size that separate disclosure will assist users to understand the financial statements. 

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* On 14 November 2012, the Group disposed of the US Agricultural Media business for US$79.9 million. 

** On 21 December 2012, the Group disposed of its remaining 51% interest in Trade Me Group Ltd for proceeds of A$605.5 million net of transaction fees. Previous disposals of the Group’s interest in this entity have resulted in a gain on sale of $182.8 million recorded in equity as an acquisition reserve while the Group still retained control. 

