ST Engineering Annual Report 2022

CAPITAL EXPENDITURE In FY2022, the Group invested $763m (2021: $312m) in capital expenditure, attributable to Commercial Aerospace ($635m), Urban Solutions & Satcom ($25m) and Defence & Public Security ($103m). Major capital expenditure included aviation assets, hangars, data centres, production equipment and upgrading of IT infrastructure. CAPITAL EXPENDITURE BY SEGMENTS (%) Commercial Aerospace Urban Solutions & Satcom Defence & Public Security 83 3 14 2022 62 10 28 2021 Asia U.S. Europe Others CAPITAL EXPENDITURE BY GEOGRAPHY (%) 63 26 11 2022 2021 19 1 61 19 TOTAL ASSETS BY GEOGRAPHY (%) Asia U.S. Europe Others 2022 18 1 38 43 18 2 54 26 2021 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 53

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