201301028701 (1058531-W)

7-Eleven Malaysia Holdings Berhad STATEMENTS OF

COMPREHENSIVE INCOME
(Incorporated in Malaysia)

FOR THE FINANCIAL

Statements of comprehensive income YEAR ENDED 31 DECEMBER 2019
For the financial year ended 31 December 2019

Group Company
2019 2018 2019 2018
Note RM'000 RM'000 RM'000 RM'000

Revenue 4 2,361,058 2,217,049 10,047 61,099

Cost of sales (1,620,671) (1,518,432) - -
Gross profit 740,387 698,617 10,047 61,099
Other operating income 143,059 122,667 - -
Selling and distribution expenses (645,850) (642,803) - -
Administrative and other
operating expenses (117,333) (94,714) (1,288) (1,022)
Profit from operations 5 120,263 83,767 8,759 60,077
Finance costs 7 (43,610) (9,908) (3,642) (4,436)
Profit before tax 76,653 73,859 5,117 55,641
Income tax (expense)/credit 8 (22,569) (22,529) 10 (24)
Profit after tax 54,084 51,330 5,127 55,617

Other comprehensive income

not to be reclassified to profit
or loss in subsequent year:
Revaluation of land and buildings 9, 10 1,010 2,513 - -
Taxation 26 (193) (2,145) - -
Total other comprehensive
income (net of taxation) 817 368 - -

Total comprehensive income

for the financial year 54,901 51,698 5,127 55,617

Profit after tax attributable to:

Equity holders of the Company 54,058 51,307 5,127 55,617
Non-controlling interest 26 23 - -

54,084 51,330 5,127 55,617

Total comprehensive
income attributable to:
Equity holders of the Company 54,875 51,675 5,127 55,617
Non-controlling interest 26 23 - -

54,901 51,698 5,127 55,617

Basic/diluted earnings per
share (sen) 37 4.74 4.57

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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201301028701 (1058531-W)

STATEMENTS OF
7-Eleven Malaysia Holdings Berhad

FINANCIAL POSITION
(Incorporated in Malaysia)

AS AT 31 of
Statements DECEMBER 2019
financial position
As at 31 December 2019

Group
Note 2019 2018
RM'000 RM'000

Assets
Non-current assets
Property, plant and equipment 9 338,129 323,982
Right-of-use assets 10(a) 608,530 -
Investment property 11 - 400
Intangible assets 12 29,390 34,289
Other investment 14 28,000 1
Sundry receivables 15 14,533 33,695
1,018,582 392,367

Current assets
Inventories 16 231,330 224,682
Sundry receivables 15 75,900 59,770
Cash and bank balances 17 96,207 72,548
403,437 357,000
Total assets 1,422,019 749,367

Equity and liabilities

Equity attributable to equity
holders of the Company
Share capital 18 1,485,138 1,485,138
Treasury shares 19 (128,928) (161,941)
Capital reorganisation deficit 20 (1,343,248) (1,343,248)
Assets revaluation reserve 21 41,969 41,152
Retained profits 22 46,985 71,208
101,916 92,309
Non-controlling interest 195 169
Total equity 102,111 92,478

Non-current liabilities
Provisions 23 9,804 7,742
Borrowings 24 25,200 44,611
Lease liabilities 10(b) 530,520 -
Contract liabilities 28 4,549 1,520
Deferred tax liabilities 26 9,872 18,850
579,945 72,723

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201301028701 (1058531-W)

7-Eleven Malaysia Holdings Berhad STATEMENTS OF FINANCIAL POSITION

AS AT 31 DECEMBER 2019
(Incorporated in Malaysia)

Statements of financial position

As at 31 December 2019 (cont'd.)

Group
2019 2018
Note RM'000 RM'000

Current liabilities
Provisions 23 529 249
Borrowings 24 124,200 127,303
Lease liabilities 10(b) 76,592 -
Trade payables 27 403,259 345,735
Other payables 28 129,449 107,114
Contract liabilities 28 2,510 1,699
Taxation 3,424 2,066
739,963 584,166
Total liabilities 1,319,908 656,889
Total equity and liabilities 1,422,019 749,367

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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201301028701 (1058531-W)

STATEMENTS OF
7-Eleven Malaysia Holdings Berhad

COMPREHENSIVE INCOME
(Incorporated in Malaysia)

FOR THE of
Statements FINANCIAL YEAR
comprehensive ENDED 31 DECEMBER 2020
income
For the financial year ended 31 December 2020

Group Company
2020 2019 2020 2019
Note RM'000 RM'000 RM'000 RM'000

Revenue 4 2,539,028 2,361,058 80,525 10,047

Cost of sales (1,817,141) (1,620,671) - -
Gross profit 721,887 740,387 80,525 10,047
Other operating income 168,143 143,059 - -
Selling and distribution expenses (616,565) (645,850) - -
Administrative and other
operating expenses (155,569) (117,333) (8,954) (1,288)
Profit from operations 5 117,896 120,263 71,571 8,759
Finance costs 7 (54,274) (43,610) (17,112) (3,642)
Share of results of an associate (966) - - -
Profit before tax 62,656 76,653 54,459 5,117
Income tax (expense)/credit 8 (27,303) (22,569) (11) 10
Profit after tax 35,353 54,084 54,448 5,127

Other comprehensive income

not to be reclassified to profit
or loss in subsequent year:
Revaluation of land and buildings 9, 10 337 1,010 - -
Taxation 27 (92) (193) - -
Total other comprehensive
income (net of taxation) 245 817 - -

Total comprehensive income

for the financial year 35,598 54,901 54,448 5,127

Profit after tax attributable to:

Equity holders of the Company 29,766 54,058 54,448 5,127
Non-controlling interest 5,587 26 - -

35,353 54,084 54,448 5,127

Total comprehensive
income attributable to:
Equity holders of the Company 30,011 54,875 54,448 5,127
Non-controlling interest 5,587 26 - -

35,598 54,901 54,448 5,127

Basic/diluted earnings per
share (sen) 38 2.60 4.74

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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201301028701 (1058531-W)

7-Eleven Malaysia Holdings Berhad

STATEMENTS OF
FINANCIAL POSITION
(Incorporated in Malaysia)

Statements of financial position AS AT 31 DECEMBER 2020

As at 31 December 2020

Group
Note 2020 2019
RM'000 RM'000

Assets
Non-current assets
Property, plant and equipment 9 346,484 338,129
Right-of-use assets 10(a) 672,881 608,530
Intangible assets 12 425,492 29,390
Other investment 14 5,174 28,000
Trade and other receivables 16 13,782 14,533
Deferred tax assets 27 6,777 -
1,470,590 1,018,582

Current assets
Inventories 17 288,947 231,330
Trade and other receivables 16 96,183 75,900
Other investment 14 46,149 -
Cash and bank balances 18 134,980 96,207
566,259 403,437
Total assets 2,036,849 1,422,019

Equity and liabilities

Equity attributable to equity
holders of the Company
Share capital 19 1,485,138 1,485,138
Treasury shares 20 (157,243) (128,928)
Capital reorganisation deficit 21 (1,343,248) (1,343,248)
Assets revaluation reserve 22 42,214 41,969
Retained profits 23 39,899 46,985
66,760 101,916
Non-controlling interest 94,461 195
Total equity 161,221 102,111

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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89
201301028701 (1058531-W)

7-Eleven Malaysia Holdings Berhad

(Incorporated in Malaysia)
STATEMENTS OF FINANCIAL POSITION
AS AT 31 DECEMBER
Statements 2020position
of financial
As at 31 December 2020 (cont'd.)

Group
2020 2019
Note RM'000 RM'000

Non-current liabilities
Provisions 24 9,572 9,804
Borrowings 25 331,710 25,200
Lease liabilities 10(b) 559,833 530,520
Contract liabilities 29 10,563 4,549
Deferred tax liabilities 27 61,255 9,872
972,933 579,945

Current liabilities
Provisions 24 1,936 529
Borrowings 25 201,365 124,200
Lease liabilities 10(b) 100,016 76,592
Trade payables 28 441,498 403,259
Other payables 29 143,481 129,449
Contract liabilities 29 3,981 2,510
Taxation 10,418 3,424
902,695 739,963
Total liabilities 1,875,628 1,319,908
Total equity and liabilities 2,036,849 1,422,019

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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201301028701 (1058531-W)

STATEMENTS OF COMPREHENSIVE INCOME

7-Eleven Malaysia Holdings Berhad
For the Financial Year Ended 31 December 2022
(Incorporated in Malaysia)

Statements of comprehensive income

For the financial year ended 31 December 2022

Group Company
2022 2021 2022 2021
Note RM'000 RM'000 RM'000 RM'000

Revenue 4 3,764,279 2,808,500 82,038 60,903

Cost of sales 18 (2,710,378) (2,049,503) - -
Gross profit 1,053,901 758,997 82,038 60,903
Other operating income 193,079 172,830 - -
Selling and distribution expenses (815,145) (621,850) - -
Administrative and other
operating expenses (221,973) (156,090) (2,256) (3,007)
Profit from operations 5 209,862 153,887 79,782 57,896
Finance costs 7 (65,705) (61,458) (24,104) (21,203)
Share of results of joint ventures 16 (3,349) - - -
Profit before tax 140,808 92,429 55,678 36,693
Income tax expense 8 (56,480) (33,589) (618) (1,161)
Profit after tax 84,328 58,840 55,060 35,532

Other comprehensive income

not to be reclassified to profit
or loss in subsequent year:
Fair value reserve of financial
assets at FVTOCI 14 37,338 - - -
Revaluation of land and buildings 9, 10 3,725 1,372 - -
Taxation 29 (586) (133) - -
Total other comprehensive
income (net of taxation) 40,477 1,239 - -

Total comprehensive income

for the financial year 124,805 60,079 55,060 35,532

Profit after tax attributable to:

Equity holders of the Company 66,875 44,348 55,060 35,532
Non-controlling interest 17,453 14,492 - -

84,328 58,840 55,060 35,532

Total comprehensive
income attributable to:
Equity holders of the Company 106,576 45,370 55,060 35,532
Non-controlling interest 18,229 14,709 - -

124,805 60,079 55,060 35,532

Basic/diluted earnings per
share (sen) 40 5.95 3.93

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.
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STATEMENTS OF FINANCIAL POSITION

7-Eleven Malaysia Holdings Berhad
As at 31 December
(Incorporated 2022
in Malaysia)

Statements of financial position

As at 31 December 2022

Group
Note 2022 2021
RM'000 RM'000

Assets
Non-current assets
Property, plant and equipment 9 361,620 321,045
Right-of-use assets 10(a) 684,363 652,534
Investment properties 11 20,584 21,029
Intangible assets 12 473,375 478,949
Other investments 14 33,392 9,801
Investment in joint ventures 16 9,665 -
Trade and other receivables 17 23,598 24,666
Deferred tax assets 29 12,382 2,092
1,618,979 1,510,116

Current assets
Inventories 18 453,054 384,061
Trade and other receivables 17 220,356 164,561
Other investments 14 77,794 41,527
Tax recoverable 8,411 3,726
Cash and bank balances 19 298,633 158,748
1,058,248 752,623
Total assets 2,677,227 2,262,739

Equity and liabilities

Equity attributable to equity
holders of the Company
Share capital 20 1,485,138 1,485,138
Treasury shares 21 (194,302) (161,410)
Capital reorganisation deficit 22 (1,343,248) (1,343,248)
Fair value adjustment reserve 23 37,338 -
Assets revaluation reserve 24 45,599 43,236
Retained profits 25 103,636 66,266
134,161 89,982
Non-controlling interest 96,080 92,061
Total equity 230,241 182,043

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.
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201301028701 (1058531-W)

7-Eleven Malaysia Holdings Berhad

STATEMENTS OF FINANCIAL POSITION
(Incorporated in Malaysia)
As at 31 December 2022
Statements of financial position
As at 31 December 2022 (cont'd.)

Group
2022 2021
Note RM'000 RM'000

Non-current liabilities
Provisions 26 15,251 10,774
Borrowings 27 643,476 555,363
Lease liabilities 10(b) 579,417 553,087
Contract liabilities 31 12,698 12,816
Contingent consideration 28 33,423 36,083
Deferred tax liabilities 29 65,787 63,182
1,350,052 1,231,305

Current liabilities
Provisions 26 1,982 1,074
Borrowings 27 77,566 84,874
Lease liabilities 10(b) 113,042 103,307
Trade payables 30 668,370 517,864
Other payables 31 211,332 134,160
Contract liabilities 31 11,783 8,112
Tax payable 12,859 -
1,096,934 849,391
Total liabilities 2,446,986 2,080,696
Total equity and liabilities 2,677,227 2,262,739

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.

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108 7-Eleven Malaysia Holdings Berhad 201301028701 (1058531-W) • Annual Report 2022