IHH Annual Report 2023

Statements of Financial Position as at 31 December 2023 Group Company Note 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Assets Property, plant and equipment 3 13,413,941 11,882,760 169 195 Right-of-use assets 4 7,119,066 6,685,030 294 1,293 Investment properties 5 4,105,768 3,938,335 – – Goodwill on consolidation 6 14,295,951 13,209,372 – – Other intangible assets 6 2,963,011 2,737,840 – – Investments in subsidiaries 7 – – 20,434,404 20,743,073 Interests in associates 8 139,761 133,076 – – Interests in joint ventures 9 6,813 6,751 – – Other financial assets 10 233,393 127,620 – – Trade and other receivables 14 128,840 196,563 – 2,771 Tax recoverables 422,193 374,905 – – Derivative assets 24 138,018 258,970 – – Deferred tax assets 11 512,495 633,943 1,100 1,433 Total non-current assets 43,479,250 40,185,165 20,435,967 20,748,765 Development properties 12 79,579 76,471 – – Inventories 13 639,837 519,431 – – Trade and other receivables 14 3,084,027 2,625,424 94,915 30,534 Tax recoverables 31,244 73,641 – – Other financial assets 10 286,008 249,717 172 – Derivative assets 24 212,898 149,816 – – Cash and cash equivalents 15 2,379,123 3,663,511 7,888 154,512 6,712,716 7,358,011 102,975 185,046 Assets classified as held for sale 16 194 924,311 – – Total current assets 6,712,910 8,282,322 102,975 185,046 Total assets 50,192,160 48,467,487 20,538,942 20,933,811 The notes on pages 148 to 248 are an integral part of these financial statements. Annual Report 2023 137

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