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160 Notes to the Consolidated Financial Statements 5.2 Subsidiaries (continued) 5.2 Subsidiaries (continued) Details of wholly owned subsidiaries that are material to the Group Material subsidiaries of Woolworths Group Limited are as follows: 2023 2022 5.2.2 $M $M Group structure 5 161 Annual Report 2023 Woolworths Group Current assets Cash and cash equivalents Trade and other receivables Inventories Other financial assets Other current assets COMPANY COUNTRY OF INCORPORATION 842 762 692 552 3,044 2,941 Woolworths New Zealand Group Limited Woolworths New Zealand Limited New Zealand New Zealand 49 101 General Distributors Limited New Zealand 192 208 4,819 4,564 Assets held for sale Total current assets Non-current assets 180 4,999 174 4,738 5.2.3 Details of non-wholly owned subsidiaries that have material non-controlling interests ULTIMATE AUSTRALIAN CONTROLLING ENTITY Woolworths Group Limited Woolworths Group Limited Woolworths Group Limited 1 highlights Performance PROPORTION OF VOTING RIGHTS HELD BY NON-CONTROLLING INTERESTS Trade and other receivables 1,280 891 Other financial assets 2,901 2,626 NAME OF SUBSIDIARY Lease assets 7,788 8,252 PFD Food Services Pty Ltd Property, plant and equipment 7,703 7,092 The Quantium Group Holdings Pty Limited PRINCIPAL PLACE OF BUSINESS 2023 % 2022 % Australia Australia 35.0 22.4 35.0 22.4 2 Intangible assets 1,854 2,024 Business review Investments accounted for using the equity method 1,117 1,692 The movement in non-controlling interests is as follows: Deferred tax assets 1,490 1,385 THE QUANTIUM Other non-current assets 426 413 GROUP HOLDINGS Total non-current assets 24,559 24,375 Total assets Current liabilities Trade and other payables Lease liabilities Borrowings Current tax payable Other financial liabilities Provisions Other current liabilities Total current liabilities Non-current liabilities Lease liabilities Borrowings Other financial liabilities Provisions 29,558 29,113 2023 Balance at start of period PTY LIMITED $M PFD FOOD SERVICES PTY LTD $M INDIVIDUALLY IMMATERIAL SUBSIDIARIES $M 52 49 23 124 TOTAL NON- CONTROLLING INTERESTS $M 3 Profit for the period 2 12 (3) 11 7,040 6,493 Other comprehensive income 1 - - 1 1,391 1,327 466 345 195 (9) Total comprehensive income for the period Dividends paid 3 12 (3) 12 (5) (5) Directors' Report 268 109 Recognition of non-controlling interest from acquisition of subsidiary 1,419 1,458 Balance at end of period 21 10,800 9,723 8,744 9,259 3,220 3,820 669 690 837 831 Other non-current liabilities 38 45 Total non-current liabilities 13,508 14,645 Total liabilities 24,308 24,368 Net assets Equity 5,250 4,745 Contributed equity 5,406 5,207 Reserves Retained earnings (7,605) (7,422) 7,449 6,960 Total equity 5,250 4,745 2022 Balance at start of period Profit for the period Total comprehensive income for the period Dividends paid Recognition of non-controlling interest from acquisition of subsidiary Purchase of additional shares from THE QUANTIUM ENDEAVOUR GROUP HOLDINGS GROUP LIMITED PTY LIMITED $M $M PFD FOOD SERVICES PTY LTD $M INDIVIDUALLY IMMATERIAL SUBSIDIARIES CONTROLLING INTERESTS $M $M 282 55 23 360 6 4 10 6 4 10 (5) (5) 50 61 9 29 140 TOTAL NON- 4 9 45 5 45 non-controlling interest Demerger of Endeavour Group Balance at end of period (4) (282) 52 49 23 (282) 124 (4) 5 Financial Report LO Other information

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