KEPPEL DC REIT INTERIM

Financial Statements

1(A)(ii) STATEMENT OF COMPREHENSIVE INCOME Statement of comprehensive income, together with a comparative statement for the corresponding period of the immediate preceding financial year Statement of Comprehensive Income (Group) 1H 2020 1H 2019 $’000 $’000 +/(-) % Profit after tax 84,327 60,797 38.7 Other comprehensive income Movement in fair value of cash flow hedges (18,627) (5,402) >100.0 Foreign currency translation movement 11,014 (12,854) Nm Total other comprehensive loss (7,613) (18,256) (58.3) Total comprehensive income 76,714 42,541 80.3 Attributable to: Unitholders 74,904 40,944 82.9 Non-controlling interests 1,810 1,597 13.3 76,714 42,541 80.3 Note: These other comprehensive income items relate to the fair value changes of the cash flow hedges as a result of interest rate swaps and foreign currency forward contracts entered into by the Group and the movement in foreign currency transaction reserve that arises from the translation of foreign entities and intercompany loans that form part of the Group’s net investment in foreign entities. Page 6 1(B)(i) BALANCE SHEETS Balance sheets together with a comparative statement for the end of the immediately preceding financial year Group Trust 30-Jun-20 31-Dec-19 +/(-) 30-Jun-20 31-Dec-19 +/(-) $’000 $’000 % $’000 $’000 % Non-current assets Note Investment properties 1 2,840,032 2,637,026 7.7 484,685 480,898 0.8 Property under development 2 7,382 - Nm - - - Investment in subsidiaries 3 - - - 1,925,638 1,421,796 35.4 Loans to subsidiaries 3 - - - 308,281 273,611 12.7 Intangible assets 4 - 8,349 (100.0) - 8,349 (100.0) Derivative financial assets 5 216 518 (58.3) 216 485 (55.5) Deferred tax assets 6 2,093 2,149 (2.6) - - - Total non-current assets 2,849,723 2,648,042 7.6 2,718,820 2,185,139 24.4 Current assets Trade and other receivables 7 73,634 95,848 (23.2) 37,335 390,279 (90.4) Deposits 8 - 25,349 (100.0) - - - Intangible assets 4 4,901 - Nm 4,901 - Nm Derivative financial assets 5 1,366 2,879 (52.6) 1,366 2,879 (52.6) Tax recoverable 12 8,909 - Nm - - - Cash and cash equivalents 205,167 155,876 31.6 86,251 61,713 39.8 Total current assets 293,977 279,952 5.0 129,853 454,871 (71.5) TOTAL ASSETS 3,143,700 2,927,994 7.4 2,848,673 2,640,010 7.9 Current liabilities Loans from subsidiaries 9 - - - 75,740 36,789 >100.0 Loans and borrowings 10 76,736 40,264 90.6 - - - Derivative financial liabilities 5 203 137