Perennial Holdings Private Limited - Annual Report 2023

OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX Consolidated Statement of Changes in Equity Year ended 31 December 2023 The accompanying notes form an integral part of these financial statements. Attributable to owners of the Company Share capital Other reserves Foreign currency translation reserve Retained earnings Total Noncontrolling interests Total equity $’000 $’000 $’000 $’000 $’000 $’000 $’000 At 1 January 2023 2,208,267 464,572 (293,741) 252,532 2,631,630 1,296,439 3,928,069 Total comprehensive income for the year Profit for the year – – – 29,085 29,085 38,546 67,631 Other comprehensive income Foreign currency translation differences relating to foreign operations, net of tax – – (26,688) – (26,688) (12,511) (39,199) Foreign currency translation differences on monetary item forming part of net investment in foreign operations, net of tax – – (9,213) – (9,213) (4,656) (13,869) Share of other comprehensive income of associates and joint ventures – (12,144) (25,493) 753 (36,884) (2,250) (39,134) Total other comprehensive income – (12,144) (61,394) 753 (72,785) (19,417) (92,202) Total comprehensive income for the year – (12,144) (61,394) 29,838 (43,700) 19,129 (24,571) Transactions with owners, recognised directly in equity Contributions by and distributions to owners Dividends (note 18) – – – (9,000) (9,000) (53,547) (62,547) Capital injection by non-controlling interests – – – – – 386 386 Cancellation of treasury shares (2,977) 2,977 – – – – – Remeasurement of convertible bonds (note 18) – 303 – – 303 178 481 Imputed interest on loans from shareholders – 2,913 – – 2,913 3,567 6,480 Transfer to statutory reserve – 548 – (548) – – – Total contributions by and distributions to owners (2,977) 6,741 – (9,548) (5,784) (49,416) (55,200) Changes in ownership interests Changes in ownership interest in subsidiaries without a change in control (note 29) – (9,122) – – (9,122) 132,669 123,547 Total changes in ownership interests – (9,122) – – (9,122) 132,669 123,547 Total transactions with owners (2,977) (2,381) – (9,548) (14,906) 83,253 68,347 At 31 December 2023 2,205,290 450,047 (355,135) 272,822 2,573,024 1,398,821 3,971,845 155 ANNUAL REPORT 2023

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