CSE Global Limited - Annual Report 2023

122 CSE GLOBAL LIMITED Share capital (Note 16) Treasury shares (Note 16) Share-based payment reserve (Note 16) Revenue reserve Other reserves (Note 17) Total equity Company $’000 $’000 $’000 $’000 $’000 $’000 2022 At 1 January 2022 98,542 (1,910) − 25,757 9,535 131,924 Profit for the year − − − 11,262 − 11,262 Other comprehensive income - Fair value changes on financial instrument − − − − 491 491 Other comprehensive income for the year, net of tax − − − − 491 491 Total comprehensive income for the year − − − 11,262 491 11,753 Contributions by and distributions to owners Issuance of ordinary shares (Note 16) 33,360 − − − − 33,360 Dividends on ordinary shares (Note 34) − − − (14,091) − (14,091) Total transactions with owners in their capacity as owners 33,360 − − (14,091) − 19,269 Closing balance at 31 December 2022 131,902 (1,910) − 22,928 10,026 162,946 STATEMENTS OF CHANGES IN EQUITY For the financial year ended 31 December 2023 The accompanying accounting policies and explanatory notes form an integral part of the financial statements.

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