ST Engineering Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 (CURRENCY - SINGAPORE DOLLARS UNLESS OTHERWISE STATED) E3 Investments Group 2022 $’000 2021 $’000 (restated) Equity shares, at FVTPL - quoted 26,273 – - unquoted 16,445 15,180 Equity shares, at FVOCI - unquoted 33,986 20,949 Total investments, net of impairment losses 76,704 36,129 Represented by: Long-term investments 76,704 36,129 76,704 36,129 E4 Borrowings Group Note Non-current $’000 Current $’000 Total $’000 31 December 2022 Bank loans (a) 50,550 856,155 906,705 Commercial papers (b) – 2,698,657 2,698,657 Medium term notes (c) 2,340,349 – 2,340,349 Lease liabilities (d) 515,669 73,157 588,826 2,906,568 3,627,969 6,534,537 31 December 2021 Bank loans (a) 64,165 142,601 206,766 Commercial papers (b) – 350,869 350,869 Medium term notes (c) 1,010,704 – 1,010,704 Lease liabilities (d) 480,465 66,416 546,881 1,555,334 559,886 2,115,220 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 227

RkJQdWJsaXNoZXIy NjMyNDM=