ESR IR 2021 - EN

50 STEP FORWARD Condensed Consolidated Statement of Cash Flows For the six months ended 30 June 2021 Cash flows from financing activities Accrued distributions from perpetual capital security holders 1,572 – Capital contributions from non-controlling interests 14,520 3,020 Distribution paid to holders of perpetual capital securities – (4,125) Dividend distributions to non-controlling interests (41,023) (26,721) Increase in restricted cash (21,591) (42,155) Increase in pledged bank deposits for bank loans (1,154) (198) Interest on bank and other borrowings paid (84,705) (73,680) Principal portion of lease payments (3,812) (3,257) Proceeds from bank and other borrowings 1,019,530 599,044 Proceeds from exercise of employee share options – 4,590 Proceeds from issuance of perpetual capital securities, net 24 256,328 – Repayments of bank and other borrowings (519,933) (94,091) Redemption of perpetual capital securities, net – (98,600) Share repurchased – (894) Net cash generated from financing activities 619,732 262,933 Net (decrease)/increase in cash and cash equivalents (366,638) 36,782 Cash and cash equivalents at beginning of period 1,404,068 826,682 Effect of foreign exchange rate changes, net (36,946) (12,215) Cash and cash equivalents at end of period 1,000,484 851,249 Analysis of balances of cash and cash equivalents Cash and bank balances 1,132,605 946,647 Cash and short-term deposits attributable to the disposal group held for sale – 13,793 Non-pledged fixed time deposits with a maturity period over three months (326) – Pledged bank deposits (50,763) (45,998) Restricted bank balances (81,032) (63,193) Cash and cash equivalents as stated in the condensed consolidated statement of cash flows 1,000,484 851,249 For the six months ended 30 June 2021 2020 (Unaudited) (Unaudited) Note US$’000 US$’000