3.3 STATEMENT OF CHANGES IN EQUITY

Forecast for the year ending 30 June 2022

Note Accumulated Revaluation Other

Total Surplus Reserve Reserves $'000 $'000 $'000 $'000

Balance at beginning of the financial year 500,085 192,905 294,867 12,313 Surplus/(deficit) for the year 7,305 7,305 - Net asset revaluation increment/(decrement) - - - - Transfers to other reserves - (973) - 973 Transfers from other reserves - 9,906 - (9,906)

Balance at end of the financial year 507,390 209,143 294,867 3,380

For the year ending 30 June 2023

Note Accumulated Revaluation Other

Total Surplus Reserve Reserves $'000 $'000 $'000 $'000

Balance at beginning of the financial year 507,390 209,143 294,867 3,380 Surplus/(deficit) for the year 7,429 7,429 - Net asset revaluation increment/(decrement) 0 - - - Transfers to other reserves 0 (1,110) - 1,110 Transfers from other reserves 0 1,620 - (1,620)

Balance at end of the financial year 514,819 217,082 294,867 2,870

For the year ending 30 June 2024

Accumulated Revaluation Other Note Total Surplus Reserve Reserves $'000 $'000 $'000 $'000

Balance at beginning of the financial year 514,819 217,082 294,867 2,870 Surplus/(deficit) for the year 9,191 9,191 - - Net asset revaluation increment/(decrement) 0 - - - Transfers to other reserves 0 - - - Transfers from other reserves 0 - - -

Balance at end of the financial year 524,010 226,273 294,867 2,870

For the year ending 30 June 2025 Note

Accumulated Revaluation Other Total Surplus Reserve Reserves $'000 $'000 $'000 $'000

Balance at beginning of the financial year 524,010 226,273 294,867 2,870 Surplus/(deficit) for the year 7,882 7,882 - - Net asset revaluation increment/(decrement) 0 - - - Transfers to other reserves 0 - - - Transfers from other reserves 0 - - -

Balance at end of the financial year 531,892 234,155 294,867 2,870

For the year ending 30 June 2026 Accumulated Revaluation Other

Note Total Surplus Reserve Reserves $'000 $'000 $'000 $'000

Balance at beginning of the financial year 531,892 234,155 294,867 2,870 Surplus/(deficit) for the year 10,836 10,836 - - Net asset revaluation increment/(decrement) 0 - - - Transfers to other reserves 0 - - - Transfers from other reserves 0 - - -

Balance at end of the financial year 542,728 244,991 294,867 2,870

*Notes are included in Section 4.3