City Developments Limited - Annual Report 2025

NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2025 Change in value used for calculating hedge ineffectiveness Foreign currency translation reserve Balances remaining in the foreign currency translation reserve from hedging relationships for which hedge accounting is no longer applied $’000 $’000 $’000 35,787 47,523 12,092 (8,824) 11,736 12,092 Changes in the value of the hedging instrument recognised in OCI Hedge ineffectiveness recognised in profit or loss Line item in profit or loss that includes hedge ineffectiveness Amount reclassified from hedging reserve to profit or loss Fixed interest rate Year of maturity $’000 $’000 $’000 2,565 – Not applicable 312 0.29% to 3.75% 2026 to 2029 (14,710) – Not applicable 151 1.42% to 4.38% 2026 to 2028 11,073 – Not applicable (15,224) 0.23% to 3.80% 2025 to 2027 4,362 – Not applicable (3,691) 2.66% to 4.38% 2025 to 2027 ANNUAL REPORT 2025 | 215

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