NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2025 8 INVESTMENTS IN AND BALANCES WITH ASSOCIATES (CONT’D) Immaterial associates The Group has interests in a number of individually immaterial associates. The following table summarises, in aggregate, the Group’s share of profit and other comprehensive income of these immaterial associates that are accounted for using the equity method: Group 2025 2024 $’000 $’000 Carrying amount of interests in individually immaterial associates 1,256,041 1,305,234 Group’s share of: – (loss)/profit from continuing operations (35,519) 14,150 – other comprehensive income 23,111 (10,485) – total comprehensive income (12,408) 3,665 9 INVESTMENTS IN AND BALANCES WITH JOINT VENTURES Group Company Note 2025 2024 2025 2024 $’000 $’000 $’000 $’000 Investments in joint ventures Investments in joint ventures 958,917 1,174,618 37,360 37,360 Impairment losses (11,981) (12,164) – – 946,936 1,162,454 37,360 37,360 Balances with joint ventures Amounts owing by joint ventures: – trade 41,801 18,363 1 45 – non-trade, interest-bearing 1,101,629 1,372,267 – – – non-trade, interest-free 243,571 272,691 86,414 112,215 1,387,001 1,663,321 86,415 112,260 Impairment losses (4,431) (4,431) (10,524) (5,246) 1,382,570 1,658,890 75,891 107,014 Receivable: – Within 1 year 16 692,434 857,153 75,891 107,014 – After 1 year 12 690,136 801,737 – – 1,382,570 1,658,890 75,891 107,014 Amounts owing to joint ventures payable within 1 year: – trade 15 15 – – – non-trade, interest-free 87,755 88,741 22,727 22,727 – non-trade, interest-bearing 757 757 – – 30 88,527 89,513 22,727 22,727 ANNUAL REPORT 2025 | 157
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