CDL AR 2024

NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2024 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 2024 2023 $’000 $’000 Carrying amount of interests in individually immaterial associates 1,305,234 1,352,520 Group’s share of: – profit from continuing operations 14,150 3,415 – other comprehensive income (10,485) (18,255) – total comprehensive income 3,665 (14,840) 9 INVESTMENTS IN AND BALANCES WITH JOINT VENTURES Group Company 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Investments in joint ventures Investments in joint ventures 1,174,618 1,134,475 37,360 37,360 Impairment losses (12,164) (12,105) – – 1,162,454 1,122,370 37,360 37,360 Balances with joint ventures Amounts owing by joint ventures: – trade 18,363 9,743 45 242 – non-trade, interest-bearing 1,372,267 1,062,049 – – – non-trade, interest-free 272,691 491,606 112,215 199,415 1,663,321 1,563,398 112,260 199,657 Impairment losses (4,431) (4,431) (5,246) (5,246) 1,658,890 1,558,967 107,014 194,411 Receivable: – Within 1 year 16 857,153 1,266,133 107,014 194,411 – After 1 year 12 801,737 292,834 – – 1,658,890 1,558,967 107,014 194,411 Amounts owing to joint ventures payable within 1 year: – trade 15 13 – – – non-trade, interest-free 88,741 87,924 22,727 22,727 – non-trade, interest-bearing 757 753 – – 30 89,513 88,690 22,727 22,727 FINANCIALS CITY DEVELOPMENTS LIMITED 134

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