FY 2024 FY 2023 Local Currency Revenue (million) Gross Profit (million) Revenue (million) Gross Profit (million) Master Leases Australia AUD 12.2 11.0 11.8 10.9 France EUR 23.6 21.5 22.8 20.5 Germany EUR 11.4 10.7 11.4 10.2 Japan JPY 2,904.8 2,664.8 2,302.2 2,046.1 South Korea KRW 10,818.0 10,268.7 8,179.7 7,668.3 Management Contracts with Minimum Guaranteed Income Australia1 AUD 24.8 8.3 26.7 9.4 Belgium EUR 12.1 3.5 12.0 3.9 Ireland EUR 14.2 4.7 1.1 0.3 Singapore2 S$ 53.2 19.0 44.1 17.6 Spain EUR 7.4 3.6 7.1 3.4 United Kingdom GBP 55.3 25.0 37.4 16.3 Management Contracts Australia AUD 141.1 32.9 152.5 35.5 China RMB 119.9 22.9 126.4 29.0 Indonesia3 IDR 260.9 93.0 160.4 54.2 Japan JPY 6,730.7 3,906.3 5,891.3 3,376.4 Malaysia MYR 14.3 3.7 12.6 2.3 The Philippines PHP 939.2 328.6 925.3 308.7 Singapore S$ 15.2 6.0 24.5 11.2 United States of America USD 140.0 65.2 130.3 59.4 Vietnam3 VND 668.4 314.1 640.3 315.0 1 The management contract for Sydney Central Hotel was converted to “Management Contracts with Minimum Guaranteed Income” from February 2024. For comparison purposes, the revenue and gross profit amounts for FY 2023 have been reclassified from the “Management Contracts” category to “Management Contracts with Minimum Guaranteed Income” category. 2 The management contract for The Robertson House was converted to “Management Contracts with Minimum Guaranteed Income” from January 2024. For comparison purposes, the revenue and gross profit amounts for FY 2023 have been reclassified from the “Management Contracts” category to “Management Contracts with Minimum Guaranteed Income” category. 3 Revenue and gross profit figures for Indonesia and Vietnam are stated in billions. Financial Review 16 CapitaLand Ascott Trust
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