CDL AR 2024

Note Share capital Capital reserve Fair value reserve $’000 $’000 $’000 Group At 1 January 2023 1,991,397 232,681 73,456 Total comprehensive income for the year Profit for the year – – – Other comprehensive income Defined benefit plan remeasurements – – – Changes in fair value of equity investments at FVOCI – – (4,614) Effective portion of changes in fair value of cash flow hedges – – – Exchange differences on hedges of net investment in foreign operations – – – Exchange differences on monetary items forming part of net investments in foreign operations – – – Share of translation differences of equity-accounted investees – – – Share of other comprehensive income of equity-accounted investees – – – Translation differences arising on consolidation of foreign operations – – – Total other comprehensive income – – (4,614) Total comprehensive income for the year – – (4,614) Transactions with owners, recorded directly in equity Contributions by and distributions to owners Capital contribution by non-controlling interests (net) – – – Dividends paid to owners of the Company 35 – – – Dividends paid to non-controlling interests – – – Share-based payment transactions – – – Purchase and cancellation of preference shares 19 (25,808) – – Total contributions by and distributions to owners (25,808) – – Changes in ownership interests in subsidiaries Changes in interests in subsidiaries without loss of control 39 – (1,260) – Total changes in ownership interests in subsidiaries – (1,260) – Total transactions with owners (25,808) (1,260) – Transfers – 5 – At 31 December 2023 1,965,589 231,426 68,842 The accompanying notes form an integral part of these financial statements. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Year ended 31 December 2024 FINANCIALS CITY DEVELOPMENTS LIMITED 96

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