ESR AR 2019 EN

Notes to the Consolidated Financial Statements 31 December 2019 207 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ESR Annual Report 2019 33. SUBSIDIARIES WITH MATERIAL NON-CONTROLLING INTERESTS (continued) The following tables illustrate the summarised financial information of the above subsidiaries. The amounts disclosed are before any inter-company eliminations: Redwood Fujiidera Investor Ltd. (i) Redwood Asian Investments 2 Ltd. (ii) Mingyue Logistics Pte. Ltd. (iii) Higashi (iv) Shanghai Yurun (v) USD’000 USD’000 USD’000 USD’000 USD’000 2019 Revenue – – 5,466 15,543 – Total expense (39) (252) (2,074) (6,107) (81) Profit for the year 28 1,311 5,491 33,059 51,053 Total comprehensive income for the year 28 1,311 5,491 33,059 51,053 Current assets 69,137 22,827 94,361 26,323 16,937 Non-current assets 118 34,218 305 422,734 94,371 Current liabilities 45 206 23,166 12,406 33,933 Non-current liabilities – 2,560 5,450 219,757 21,566 Net cash flow from/(used in) operating activities (576,025) (653,984) 6,794,969 10,811,644 (150) Net cash flow from/(used in) investing activities 69,679,586 22,748,964 (203,210) (1,030,303) (39,445) Net cash flow from/(used in) financing activities (68,188,615) (22,045,808) (2,884,705) (8,561,069) 60,210 Net increase in cash and cash equivalents 914,946 49,172 3,707,054 1,220,272 20,615 Redwood Fujiidera Investor Ltd. Redwood Asian Investments 2 Ltd. Mingyue Logistics Pte. Ltd. Higashi USD’000 USD’000 USD’000 USD’000 2018 Revenue – – 5,726 15,092 Total expense (10) (300) (2,164) (6,033) Profit/(loss) for the year 2,143 (1,411) 4,817 38,325 Total comprehensive income/(loss) for the year 2,143 (1,411) 2,722 38,265 Current assets 68,070 1,159 7,027 954 Non-current assets – 54,865 82,298 113,812 Current liabilities 579 858 6,286 94,320 Non-current liabilities – 2,533 19,826 – Net cash flow from/(used in) operating activities (36) (77,322) 3,858,895 12,342,638 Net cash flow used in investing activities – (3,869,296) (819,510) (608,144) Net cash flow from/(used in) financing activities – 3,908,380 (348,051) (6,980,640) Net increase/(decrease) in cash and cash equivalents (36) (38,238) 2,691,334 4,753,854