ESR Group Limited Annual Report 2023 125 Consolidated Statement of Profit or Loss and Other Comprehensive Income Year ended 31 December 2023 2023 2022 Notes US$’000 US$’000 Revenue 4, 5 871,326 821,154 Cost of sales (59,796) (29,228) Gross profit 811,530 791,926 Other income and gains, net 5 376,476 510,173 Administrative expenses (460,498) (491,275) Finance costs 7 (312,901) (222,415) Share of profits and losses of joint ventures and associates, net (20,369) 226,716 Profit before tax 6 394,238 815,125 Income tax expense 10 (126,182) (184,016) Profit for the year 268,056 631,109 Attributable to: Owners of the Company 230,849 574,145 Non-controlling interests 37,207 56,964 268,056 631,109 Earnings per share attributable to ordinary equity holders of the Company Basic For profit for the year 12 US$0.05 US$0.13 Diluted For profit for the year 12 US$0.05 US$0.13 Profit for the year 268,056 631,109 OTHER COMPREHENSIVE INCOME Other comprehensive loss that may be reclassified to profit or loss in subsequent periods: Exchange differences on translation of foreign operations (58,545) (310,963) Effect of hedge (4,977) — Share of other comprehensive loss of joint ventures and associates (58,144) (210,350) Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods (121,666) (521,313) Other comprehensive loss that will not be reclassified to profit or loss in subsequent periods: Changes in fair value of financial assets at fair value through other comprehensive income (86,251) (186,003) Share of fair value reserve of associates and joint ventures 1,881 10,022 Net other comprehensive loss that will not be reclassified to profit or loss in subsequent periods (84,370) (175,981) Other comprehensive loss for the year, net of tax (206,036) (697,294) Total comprehensive income/(loss) for the year 62,020 (66,185) Attributable to: Owners of the Company 34,047 (90,429) Non-controlling interests 27,973 24,244 62,020 (66,185) CORPORATE GOVERNANCE FINANCIAL STATEMENTS STRATEGIC REPORTS
RkJQdWJsaXNoZXIy MTIwODcxMw==