McConnell Dowell 2021 Annual Review

FINANCIAL STATEMENTS 74 Notes to the annual financial statements (continued) for the year ended 30 June 2021 11. Interest in joint arrangements Joint Operations 2021 2020 Name Principal activity Principal place of business % % McConnell Dowell / GE Betz / United Group Infrastructure (WSRW) Construction Australia 20.0 20.0 McConnell Dowell / ABI ADP (Adelaide Desalination) Construction Australia 50.0 50.0 McConnell Dowell / OHL SA (K2K) Construction Australia 50.0 50.0 McConnell Dowell / Martinus Rail (Murray Basin) Construction Australia 80.0 80.0 McConnell Dowell / Lend lease JV (ML JV Pty Ltd) Construction Australia 50.0 50.0 McConnell Dowell/ Diona - JV - SA Water Frameworks Project Construction Australia 50.0 50.0 McConnell Dowell / Fletchers / Obayashi (Waterview maintenance) Maintenance New Zealand 22.5 24.3 McConnell Dowell / Downer EDI (Russley Rd) Construction New Zealand 50.0 50.0 McConnell Dowell / Downer (formerly) Hawkins (Connectus CRL) Construction New Zealand 50.0 50.0 McConnell Dowell / Downer (CSM2) Construction New Zealand 50.0 50.0 McConnell Dowell / Marina Technology & Construction (MBS) Construction Singapore 65.0 65.0 McConnell Dowell / SYS (IKEA)* Construction Malaysia - 80.0 McConnell Dowell / SYS (SPJ) Construction Malaysia 65.0 65.0 McConnell Dowell / SYS (Bintulu)* Construction Malaysia - 65.0 McConnell Dowell / Kaden (Submarine Pipelines) Construction Hong Kong 50.0 50.0 McConnell Dowell / Obayashi (Warragamba Dam) Construction Australia 60.0 60.0 McConnell Dowell / Decmil (Mordialloc Bypass) Construction Australia 60.0 60.0 McConnell Dowell / ITP SA (Crisp) Construction Singapore 50.0 50.0 McConnell Dowell / John Holland McConnell Dowell JV – JRL 108 (LTA) Construction Singapore 100.0 50.0 McConnell Dowell / Heb Contractors (Pukekohe) Construction New Zealand 50.0 50.0 McConnell Dowell / Downer (Wynyard Edge Alliance) Construction New Zealand 50.0 50.0 McConnell Dowell PP Pesero TBK JV – Palembang City Sewerage Project Construction Indonesia 51.0 51.0 McConnell Dowell / John Holland (Kidston Hydro) Construction Australia 50.0 - McConnell Dowell / John Holland (Papakura to Pukekohe) Construction New Zealand 50.0 - Consolidated Owenership interest Pursuant to the joint operation agreements, key operational decisions of the joint arrangements require a unanimous vote and therefore the consolidated entity has joint control, including in instances where the Group's interest is greater than 50%. * De-registration of Joint Venture underway and last profit distributions relate to 30 June 2020 financial year.

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