ESR Interim Report 2022

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS For the six months ended 30 June 2022 For the six months ended 30 June 2022 2021 (Unaudited) (Unaudited) Note US$’000 US$’000 Cash flows from/(used in) investing activities Acquisition of subsidiaries (44,146) (470,622) Additions of investment properties (170,602) (561,179) Additions of other intangible assets (1,955) (81) (Advances to)/Repayment from related parties and joint ventures (22,378) 3,034 Capital injection in joint ventures and associates (145,942) (182,972) Capital redemption on financial assets at fair value through other comprehensive income 24,759 – Disposal of financial assets at fair value through other comprehensive income 349,259 149,766 Disposal of investment properties 92,053 – Disposal of property, plant and equipment 210 – Disposal of subsidiaries 10,702 – Distributions from financial assets at fair value through profit or loss 59,149 30,301 Distributions from joint ventures and associates 152,517 – Dividend income from financial assets at fair value through other comprehensive income 20,573 12,575 Dividend income from financial assets at fair value through profit or loss 83,679 29,058 (Increase)/Release of non-pledged fixed time deposits with a maturity period over three months (954) 1,986 Interest received 4,630 1,988 Loan to third parties (1,607) – Payment of contingent consideration payables (1,600) – Prepayments for acquiring land use rights (60,226) – Proceeds from disposal of interests in joint ventures and associates 44,049 68,365 Purchase of derivative financial assets (11) – Purchase of other financial instruments – (10,126) Purchase of financial assets at fair value through other comprehensive income (34,968) (3,801) Purchase of financial assets at fair value through profit or loss (65,714) (43,683) Purchases of property, plant and equipment (3,918) (4,454) Recoverable indirect taxes paid upon acquisition of investment properties – (14,598) Repayment of loan to directors of the Company 945 – Repayments from joint ventures 20 63,120 – Transaction costs incurred for acquisition of subsidiaries (45,167) – Net cash flows generated from/(used in) investing activities 306,457 (994,443) R E A C H I N G N E W H E I G H T S 48

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