For the year ended December 31, 2025, the Company is reporting a net income of $31.7 million (year ended August 31, 2024: net loss of $44.2 million); cash flows generated from operating activities before changes in non-cash operating balances of $11.1 million (year ended August 31, 2024: $11.4 million); and income per share of $0.44 (year ended August 31, 2024: loss per share of $0.74). Net income includes a net gain on the fair value adjustment on investment properties of approximately $28.6 million (year ended August 31, 2024: net loss of $0.2 million), gains on fair value adjustment on interest rate swaps of nil million (year ended August 31, 2024: losses of $4.2 million), equity losses of associate and joint ventures of $2.5 million (year ended August 31, 2024: equity earnings of $0.4 million), interest expense of $15.9 million (year ended August 31, 2024: $12.7 million), and interest income of $0.8 million (year ended August 31, 2024: $2.5 million). Included in the net loss for year ended August 31, 2024 was a full provision of $51.5 million recorded against the carrying value of the Company’s tax deposits and deferred tax assets related to unused carryforward amounts, and recognizing a liability for estimated awarded legal costs for the Company’s tax appeals.