2022 Half-Year Results

Consolidated Balance Sheet 1H 2021 US$m 1H 2022 FY 2021 % YoY Investment Properties 28,815 - Subsidiaries 5,733 - Joint ventures 34,548 28,278 28,600 -1 5,601 5,807 -4 33,879 34,407 -2 Development Properties* 2,930 - Subsidiaries 3,667 3,516 +4 6,688 - Joint ventures 7,155 6,949 +3 (2,686) - Pre-sale proceeds (2,116) (2,229) -5 6,932 8,706 8,236 +6 (2,773) Others (2,876) (2,921) -2 38,707 Gross assets (excluding cash) 39,709 39,722 Financed by: 34,445 - Total equity 33,647 34,618 -3 4,262 - Net debt 6,062 5,104 +19 38,707 39,709 39,722 * Includes contract assets and cost to fulfil contracts | Appendix | 2022 Half-Year Results 52 52

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