Lendlease Annual Report 2024

Financial Statements 97 Consolidated Financial Statements Income Statement Year Ended 30 June 2024 June 2024 June 2023 Note $m $m Revenue from contracts with customers 4 9,218 10,229 Other revenue 151 144 Cost of sales (8,442) (9,642) Gross profit 927 731 Share of profit of equity accounted investments 5 139 28 Other income 6 38 299 Other expenses 7 (2,255) (1,208) Results from operating activities (1,151) (150) Finance revenue 8 68 85 Finance costs 8 (306) (173) Net finance costs (238) (88) Loss before tax from continuing operations (1,389) (238) Income tax (expense)/benefit from continuing operations 9.a (113) 6 Loss after tax from continuing operations (1,502) (232) Profit after tax from discontinued operations - - Loss after tax (1,502) (232) (Loss)/profit after tax attributable to: Members of Lendlease Corporation Limited (1,461) (278) Unitholders of Lendlease Trust (41) 46 Loss after tax attributable to securityholders (1,502) (232) External non controlling interests - - Loss after tax (1,502) (232) Basic/Diluted Earnings per Lendlease Group Stapled Security (EPSS) Securities excluding treasury shares (cents) 3 (219.9) (34.0) Securities on issue (cents) 3 (217.7) (33.7) The accompanying notes form part of these consolidated financial statements.