CONTENTS 2 Company Profile AUDITOR’S REPORT AND ACCOUNTS 10 2022 Highlights 130 Independent Auditor’s Report 16 Financial Highlights 134 Consolidated Statement of Profit or Loss 17 Ten-Year Financial Summary 135 Consolidated Statement of 20 Chairman’s Statement Other Comprehensive Income 24 Chief Executive’s Statement 136 Consolidated Statement of Financial Position 28 Key Business Strategies 137 Consolidated Statement of Cash Flows 138 Consolidated Statement of Changes in Equity MANAGEMENT DISCUSSION & ANALYSIS 139 Notes to the Financial Statements 32 Review of Operations 198 Principal Accounting Policies 74 Financial Review 201 Principal Subsidiary, Joint Venture and 81 Financing Associated Companies CORPORATE GOVERNANCE & SUPPLEMENTARY INFORMATION SUSTAINABILITY 204 Schedule of Principal Group Properties 92 Corporate Governance 215 Glossary 108 Risk Management 216 Financial Calendar and Information 112 Directors and Officers for Investors 114 Directors’ Report 121 Sustainable Development