Condensed Interim Financial Statements Consolidated Statement of Financial Position At 30th June 2024 – unaudited Unaudited Audited 30th June 31st December 2024 2023 Note HK$M HK$M ASSETS AND LIABILITIES Non-current assets Property, plant and equipment 12 3,381 3,644 Investment properties 13 280,396 281,463 Intangible assets 14 1,496 1,555 Right-of-use assets 15 2,759 2,655 Properties held for development 1,209 1,210 Joint venture companies 16 19,860 19,276 Loans due from joint venture companies 16 14,487 14,781 Associated companies 17 10,333 10,583 Loans due from associated companies 17 255 209 Derivative financial instruments 19 99 57 Deferred tax assets 23 65 88 Financial assets at fair value through profit or loss 629 623 334,969 336,144 Current assets Properties for sale 9,674 9,121 Stocks 85 77 Trade and other receivables 20 3,584 3,506 Cash and cash equivalents 5,528 5,097 18,871 17,801 Assets classified as held for sale 24 9 543 18,880 18,344 Current liabilities Trade and other payables 21 11,137 9,763 Contract liabilities 14 5 Taxation payable 520 378 Long-term loans and bonds due within one year 8,352 7,563 Lease liabilities due within one year 22 85 80 20,108 17,789 Net current (liabilities)/assets (1,228) 555 Total assets less current liabilities 333,741 336,699 Non-current liabilities Long-term loans and bonds 34,403 33,606 Long-term lease liabilities 22 484 527 Derivative financial instruments 19 10 22 Other payables 21 268 268 Deferred tax liabilities 23 14,368 14,082 Retirement benefit liabilities 53 45 49,586 48,550 NET ASSETS 284,155 288,149 EQUITY Share capital 25 10,449 10,449 Reserves 26 270,626 274,633 Equity attributable to the Company’s shareholders 281,075 285,082 Non-controlling interests 27 3,080 3,067 TOTAL EQUITY 284,155 288,149 The above consolidated statement of financial position should be read in conjunction with the accompanying notes. 56 Swire Properties Limited Interim Report 2024