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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201301028701 (1058531-W)

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
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.)

Company
2022 2021
Note RM'000 RM'000
Assets
Non-current asset
Investments in subsidiary companies, representing
total non-current asset 13 1,402,539 1,402,539

Current assets
Trade and other receivables 17 562,273 468,463
Tax recoverable 125 127
Cash and bank balances 19 847 1,135
563,245 469,725
Total assets 1,965,784 1,872,264

Equity and liability

Equity attributable to equity holders of the Company
Share capital 20 1,485,138 1,485,138
Treasury shares 21 (194,302) (161,410)
Retained profits 25 74,253 48,477
Total equity 1,365,089 1,372,205

Non-current liability
Borrowings 27 600,000 500,000

Current liability
Other payables, representing total current liability 31 695 59

Total liabilities 600,695 500,059

Total equity and liability 1,965,784 1,872,264

The accompanying accounting policies and explanatory notes form an integral part of the
financial statements.
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7-Eleven Malaysia Holdings Berhad 201301028701 (1058531-W) • Annual Report 2022 109