2025 Preliminary Financial Statements

Revenue

2

8,868.9

-

8,868.9

8,868.9

-

8,868.9

Cost of sales

(5,613.9)

-

(5,613.9)

(5,639.8)

-

(5,639.8)

Other operating income

10.2

4.9

15.1

5.8

57.5

63.3

Selling and

distribution costs

(2,362.1)

-

(2,362.1)

(2,375.7)

-

(2,375.7)

Administration and other operating expenses

(534.6)

(11.8)

(546.4)

(516.1)

(201.5)

(717.6)

Net operating costs

(8,500.4)

(6.9)

(8,507.3)

(8,525.8)

(144.0)

(8,669.8)

Operating profit

3

368.5

(6.9)

361.6

343.1

(144.0)

199.1

Gain on divestment of Singapore Food business

8

-

124.6

124.6

-

-

-

Impairment charge on interests in associates

13

-

(13.5)

(13.5)

-

(231.3)

(231.3)

Loss on divestments

of associates

8

-

(143.2)

(143.2)

-

(114.4)

(114.4)

Financing charges

(136.6)

-

(136.6)

(155.5)

-

(155.5)

Financing income

12.0

-

12.0

4.7

-

4.7

Net financing charges

4

(124.6)

-

(124.6)

(150.8)

-

(150.8)

Share of results of associates and joint ventures

5

87.7

4.5

92.2

42.5

42.1

84.6

Profit/(loss) before tax

331.6

(34.5)

297.1

234.8

(447.6)

(212.8)

Tax

6

(57.9)

(0.5)

(58.4)

(29.5)

2.9

(26.6)

Profit /(loss) after tax

273.7

(35.0)

238.7

205.3

(444.7)

(239.4)

Attributable to:

Shareholders of the Company

270.3

(35.6)

234.7

200.6

(445.1)

(244.5)

Non-controlling interests

3.4

0.6

4.0

4.7

0.4

5.1

273.7

(35.0)

238.7

205.3

(444.7)

(239.4)

US¢

US¢

Earnings /(loss) per share

7

- basic

17.41

(18.17)

- diluted

17.34

(18.17)

Profit /(loss) for the year

Other comprehensive income/(expense)

238.7

(239.4)

Items that will not be reclassified to profit or loss:

Net exchange translation loss arising during the year

Remeasurements of defined benefit plans 17

Remeasurements of statutory employee entitlements

Net revaluation surplus on right-of-use assets before transfer to

investment properties 11

Tax relating to items that will not be reclassified 6

Share of other comprehensive income/(expense) of associates

and joint ventures

Items that may be reclassified subsequently to profit or loss:

Net exchange translation differences

• net loss arising during the year

• transfer to profit and loss

  Cash flow hedges

• net (loss)/gain arising during the year

• transfer to profit and loss

  Tax relating to items that may be reclassified 6

  Share of other comprehensive income/(expense) of associates

  and joint ventures

• exchange translation gain/(loss) and other arising during the year

• exchange translation loss transfer to profit and loss

Other comprehensive income/(expense) for the year, net of tax Total comprehensive income for the year

Attributable to:

Shareholders of the Company

Non-controlling interests

(0.3)

(0.3)

10.2

4.6

(2.0)

(1.4)

-

5.7

(1.7)

(0.3)

6.2

8.3

0.8

(0.8)

7.0

7.5

(1.1)

(40.4)

117.4

8.4

116.3

(32.0)

(1.1)

6.6

(4.9)

(12.9)

(6.0)

(6.3)

1.2

(0.2)

30.6

(17.0)

45.3

0.4

75.9

(16.6)

187.4

(55.1)

194.4

(47.6)

433.1

(287.0)

429.5

(292.4)

3.6

5.4

433.1

(287.0)

Net operating assets

Intangible assets

9

132.0

137.5

Tangible assets

10

559.8

618.4

Right-of-use assets

11

2,086.1

2,542.1

Investment properties

12

90.4

100.8

Associates and joint ventures

13

624.6

839.1

Other investments

14

11.7

20.3

Non-current debtors

15

87.6

97.9

Deferred tax assets

16

31.7

38.7

Pension assets

17

16.5

7.6

Non-current assets

3,640.4

4,402.4

Stocks

645.9

686.3

Current debtors

15

182.7

222.7

Current tax assets

10.2

13.3

Cash and bank balances

18

168.7

273.8

Assets held for sale

19

1,007.5

4.2

1,196.1

1,673.5

Current assets

1,011.7

2,869.6

Current creditors

20

(1,772.1)

(2,949.8)

Current borrowings

21

(99.2)

(504.9)

Current lease liabilities

22

(509.1)

(560.4)

Current tax liabilities

(40.5)

(33.7)

Current provisions

23

(42.3)

(42.2)

Current liabilities

(2,463.2)

(4,091.0)

Net current liabilities

(1,451.5)

(1,221.4)

Long-term borrowings

21

-

(236.5)

Non-current lease liabilities

22

(1,762.4)

(2,202.6)

Deferred tax liabilities

16

(13.5)

(25.8)

Pension liabilities

17

(4.5)

(4.4)

Non-current creditors

20

(10.1)

(5.3)

Non-current provisions

23

(101.9)

(111.7)

Non-current liabilities

(1,892.4)

(2,586.3)

296.5

594.7

Total equity

Share capital 24

Share premium and capital reserves 26

Revenue and other reserves

75.2

83.6

119.3

75.2

75.6

430.6

Shareholders' funds

278.1

581.4

Non-controlling interests

18.4

13.3

296.5

594.7