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Consolidated Statement of Profit or Loss and Other Comprehensive IncomeYear ended 31 December 2024ESR Group Limited Annual Report 2024123STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS20242023NotesUS$%u2019000US$%u2019000Revenue4, 5638,987871,326Cost of sales(79,700)(59,796)Gross profit559,287811,530Other income and (losses)/gains, net5(257,909)376,476Administrative expenses(696,710)(460,498)Finance costs7(314,090)(312,901)Share of profits and losses of joint ventures and associates, net(37,589)(20,369)(Loss)/Profit before tax6(747,011)394,238Income tax credit/(expense)1020,701(126,182)(Loss)/Profit for the year(726,310)268,056Attributable to:Owners of the Company(699,810)230,849Non-controlling interests(26,500)37,207(726,310)268,056(Loss)/Earnings per share attributable to ordinary equity holders of the CompanyBasicFor (loss)/profit for the year12US$(0.17)US$0.05DilutedFor (loss)/profit for the year12US$(0.17)US$0.05(Loss)/Profit for the year(726,310)268,056OTHER COMPREHENSIVE LOSSOther comprehensive loss that may be reclassified to profit or loss in subsequent periods:Exchange differences on translation of foreign operations(119,425)(58,545)Effect of hedge8,322(4,977)Share of other comprehensive loss of joint ventures and associates(164,201)(58,144)Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods(275,304)(121,666)Other comprehensive loss that will not be reclassified to profit or loss in subsequent periods:Changes in fair value of financial assets at fair value through other comprehensive income(102,058)(86,251)Share of fair value reserve of associates and joint ventures651,881Net other comprehensive loss that will not be reclassified to profit or loss in subsequent periods(101,993)(84,370)Other comprehensive loss for the year, net of tax(377,297)(206,036)Total comprehensive (loss)/income for the year(1,103,607)62,020Attributable to:Owners of the Company(1,063,029)34,047Non-controlling interests(40,578)27,973(1,103,607)62,020