SGX S68
Financials
Singapore Exchange Annual Report 2026
Explore the statements
15 tablesStatement of Comprehensive Income — profit or loss
32 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Operating revenue | |||||
| Fixed Income, Currencies and Commodities$’000 | 411,986 | 350,059 | – | – | PDF p. 62 |
| Equities – Cash$’000 | 507,631 | 396,422 | – | – | PDF p. 62 |
| Equities – Derivatives$’000 | 375,149 | 375,543 | – | – | PDF p. 62 |
| Platform and Others$’000 | 264,703 | 248,601 | 48,347 | 44,769 | PDF p. 62 |
| Management fees from subsidiaries$’000 | – | – | 278,235 | 260,089 | PDF p. 62 |
| Dividends from subsidiaries$’000 | – | – | 851,258 | 502,000 | PDF p. 62 |
| Operating revenue subtotal | |||||
| Subtotal$’000 | 1,559,469 | 1,370,625 | 1,177,840 | 806,858 | PDF p. 62 |
| Operating revenue | |||||
| Less: Transaction-based expenses$’000 | (81,148) | (72,458) | (4,332) | (4,509) | PDF p. 62 |
| Operating revenue less transaction-based expenses (net revenue)$’000 | 1,478,321 | 1,298,167 | 1,173,508 | 802,349 | PDF p. 62 |
| Operating expenses | |||||
| Staff$’000 | 333,259 | 300,860 | 181,481 | 166,868 | PDF p. 62 |
| Technology$’000 | 99,405 | 92,452 | 55,092 | 49,723 | PDF p. 62 |
| Premises$’000 | 10,345 | 10,255 | 7,081 | 6,704 | PDF p. 62 |
| Professional fees$’000 | 25,306 | 18,880 | 9,670 | 9,961 | PDF p. 62 |
| Others$’000 | 40,671 | 47,961 | 23,093 | 23,290 | PDF p. 62 |
| Operating expenses subtotal | |||||
| Subtotal$’000 | 508,986 | 470,408 | 276,417 | 256,546 | PDF p. 62 |
| Profit or loss | |||||
| Earnings before interest, tax, depreciation and amortisation$’000 | 969,335 | 827,759 | 897,091 | 545,803 | PDF p. 62 |
| Depreciation and amortisation$’000 | 82,145 | 84,916 | 38,464 | 37,704 | PDF p. 62 |
| Operating profit$’000 | 887,190 | 742,843 | 858,627 | 508,099 | PDF p. 62 |
| Non-operating items | |||||
| Other income (net)$’000 | 10,743 | 56,485 | 10,846 | 22,695 | PDF p. 62 |
| Interest income$’000 | 41,588 | 37,129 | 15,911 | 7,100 | PDF p. 62 |
| Finance charges$’000 | (16,565) | (17,338) | (16,427) | (17,190) | PDF p. 62 |
| Net foreign exchange gains/(losses)$’000 | 1,441 | (8,962) | (6,058) | 20,315 | PDF p. 62 |
| Impairment loss on amount due from a subsidiary$’000 | – | – | (76,247) | – | PDF p. 62 |
| Other impairment losses$’000 | (55,635) | (7,568) | – | – | PDF p. 62 |
| Non-operating items subtotal | |||||
| Subtotal$’000 | (18,428) | 59,746 | (71,975) | 32,920 | PDF p. 62 |
| Profit or loss | |||||
| Profit before tax and share of results of associated companies and joint ventures$’000 | 868,762 | 802,589 | 786,652 | 541,019 | PDF p. 62 |
| Share of results of associated companies and joint ventures, net of tax$’000 | (10,309) | (16,698) | – | – | PDF p. 62 |
| Profit before tax$’000 | 858,453 | 785,891 | 786,652 | 541,019 | PDF p. 62 |
| Tax$’000 | (160,042) | (137,764) | (5,887) | (5,564) | PDF p. 62 |
| Net profit after tax$’000 | 698,411 | 648,127 | 780,765 | 535,455 | PDF p. 62 |
| Attributable to | |||||
| Equity holders of the Company$’000 | 698,411 | 647,983 | 780,765 | 535,455 | PDF p. 62 |
| Non-controlling interests$’000 | – | 144 | – | – | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Statement of Comprehensive Income — other comprehensive income and total comprehensive income
12 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Other comprehensive income | |||||
| Net profit after tax$’000 | 698,411 | 648,127 | 780,765 | 535,455 | PDF p. 62 |
| Items that may be reclassified subsequently to profit or loss: Foreign exchange translation | |||||
| – Exchange differences arising during the year$’000 | 1,369 | (22,174) | – | – | PDF p. 62 |
| – Transferred to profit or loss$’000 | – | 2,668 | – | – | PDF p. 62 |
| Items that may be reclassified subsequently to profit or loss: Cash flow hedges | |||||
| – Fair value (losses)/gains arising during the year$’000 | (4,085) | 3,245 | – | – | PDF p. 62 |
| – Transferred to profit or loss$’000 | (1,186) | 549 | – | – | PDF p. 62 |
| Items that may be reclassified subsequently to profit or loss: Financial assets, at FVOCI | |||||
| – Fair value gains arising during the year$’000 | 3,303 | 6,463 | 912 | 959 | PDF p. 62 |
| – Transferred to profit or loss$’000 | (5,731) | (2,618) | (1,673) | (65) | PDF p. 62 |
| Items that will not be reclassified subsequently to profit or loss: Financial assets, at FVOCI | |||||
| – Fair value losses arising during the year$’000 | (50,263) | (3,163) | – | – | PDF p. 62 |
| Other comprehensive income | |||||
| Other comprehensive income for the financial year, net of tax$’000 | (56,593) | (15,030) | (761) | 894 | PDF p. 62 |
| Comprehensive income | |||||
| Total comprehensive income for the financial year$’000 | 641,818 | 633,097 | 780,004 | 536,349 | PDF p. 62 |
| Total comprehensive income attributable to | |||||
| Equity holders of the Company$’000 | 641,818 | 632,953 | 780,004 | 536,349 | PDF p. 62 |
| Non-controlling interests$’000 | – | 144 | – | – | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Statement of Financial Position — assets
20 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and cash equivalents$’000 | 1,806,145 | 1,129,979 | 721,780 | 260,731 | PDF p. 63 |
| Trade and other receivables$’000 | 1,173,496 | 935,950 | 241,986 | 178,927 | PDF p. 63 |
| Derivative financial instruments$’000 | 590 | 5,628 | – | – | PDF p. 63 |
| Financial assets, at FVOCI$’000 | 423,917 | 377,585 | 202,171 | 94,026 | PDF p. 63 |
| Financial assets, at FVPL$’000 | 8,134 | – | – | – | PDF p. 63 |
| Current assets subtotal | |||||
| Subtotal$’000 | 3,412,282 | 2,449,142 | 1,165,937 | 533,684 | PDF p. 63 |
| Non-current assets | |||||
| Financial assets, at FVOCI$’000 | 120,811 | 183,514 | – | – | PDF p. 63 |
| Financial assets, at FVPL$’000 | 17,762 | 463,695 | – | – | PDF p. 63 |
| Investment property$’000 | 13,357 | 13,617 | – | – | PDF p. 63 |
| Property, plant and equipment$’000 | 82,674 | 62,582 | 53,834 | 39,657 | PDF p. 63 |
| Software$’000 | 152,932 | 134,205 | 51,259 | 49,139 | PDF p. 63 |
| Right-of-use assets$’000 | 46,260 | 64,306 | 42,862 | 61,267 | PDF p. 63 |
| Intangible assets$’000 | 48,783 | 56,411 | – | – | PDF p. 63 |
| Goodwill$’000 | 632,907 | 684,912 | – | – | PDF p. 63 |
| Subsidiaries$’000 | – | – | 1,298,868 | 1,666,002 | PDF p. 63 |
| Associated companies$’000 | 14,753 | 17,961 | – | – | PDF p. 63 |
| Joint ventures$’000 | 4,949 | 13,643 | – | – | PDF p. 63 |
| Deferred tax assets$’000 | – | – | 1,794 | – | PDF p. 63 |
| Non-current assets subtotal | |||||
| Subtotal$’000 | 1,135,188 | 1,694,846 | 1,448,617 | 1,816,065 | PDF p. 63 |
| Assets | |||||
| Total assets$’000 | 4,547,470 | 4,143,988 | 2,614,554 | 2,349,749 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Statement of Financial Position — liabilities and equity
26 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current liabilities | |||||
| Trade and other payables$’000 | 1,269,091 | 1,029,440 | 166,337 | 195,519 | PDF p. 63 |
| Derivative financial instruments$’000 | 3,225 | – | – | – | PDF p. 63 |
| Loans and borrowings$’000 | 628,247 | – | 628,247 | – | PDF p. 63 |
| Lease liabilities$’000 | 15,291 | 19,754 | 13,623 | 18,412 | PDF p. 63 |
| Taxation$’000 | 159,055 | 132,178 | 11,731 | 6,574 | PDF p. 63 |
| Provisions$’000 | 34,196 | 29,160 | 14,600 | 9,637 | PDF p. 63 |
| Current liabilities subtotal | |||||
| Subtotal$’000 | 2,109,105 | 1,210,532 | 834,538 | 230,142 | PDF p. 63 |
| Non-current liabilities | |||||
| Loans and borrowings$’000 | – | 622,904 | – | 622,904 | PDF p. 63 |
| Lease liabilities$’000 | 32,288 | 45,446 | 30,283 | 43,617 | PDF p. 63 |
| Deferred tax liabilities$’000 | 28,684 | 50,394 | – | 4,600 | PDF p. 63 |
| Other liabilities$’000 | 14,411 | 14,791 | – | – | PDF p. 63 |
| Non-current liabilities subtotal | |||||
| Subtotal$’000 | 75,383 | 733,535 | 30,283 | 671,121 | PDF p. 63 |
| Liabilities | |||||
| Total liabilities$’000 | 2,184,488 | 1,944,067 | 864,821 | 901,263 | PDF p. 63 |
| Equity | |||||
| Net assets$’000 | 2,362,982 | 2,199,921 | 1,749,733 | 1,448,486 | PDF p. 63 |
| Capital and reserves attributable to the Company’s equity holders | |||||
| Share capital$’000 | 416,656 | 419,198 | 416,656 | 419,198 | PDF p. 63 |
| Capital reserve$’000 | 3,989 | 3,989 | – | – | PDF p. 63 |
| Treasury shares$’000 | (51,053) | (33,386) | (51,053) | (33,386) | PDF p. 63 |
| Cash flow hedge reserve$’000 | (1,897) | 3,374 | – | – | PDF p. 63 |
| Currency translation reserve$’000 | (22,124) | (23,493) | – | – | PDF p. 63 |
| Fair value reserve$’000 | 47,869 | 100,560 | 133 | 894 | PDF p. 63 |
| Securities clearing fund reserve$’000 | 25,000 | 25,000 | – | – | PDF p. 63 |
| Derivatives clearing fund reserve$’000 | 34,021 | 34,021 | – | – | PDF p. 63 |
| Share-based payment reserve$’000 | 40,580 | 33,493 | 40,580 | 33,493 | PDF p. 63 |
| Retained profits$’000 | 1,613,473 | 1,524,941 | 1,086,949 | 916,063 | PDF p. 63 |
| Proposed dividends$’000 | 256,468 | 112,224 | 256,468 | 112,224 | PDF p. 63 |
| Equity | |||||
| Total equity$’000 | 2,362,982 | 2,199,921 | 1,749,733 | 1,448,486 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Earnings per share based on net profit after tax attributable to the equity holders of the Company
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Earnings per share based on net profit after tax attributable to the equity holders of the Company | |||
| Basiccents | 65.3 | 60.6 | PDF p. 62 |
| Dilutedcents | 64.9 | 60.3 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Consolidated Statement of Cash Flows
41 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before tax and share of results of associated companies and joint ventures$’000 | 868,762 | 802,589 | PDF p. 67 |
| Adjustments for operating activities | |||
| – Depreciation and amortisation$’000 | 82,145 | 84,916 | PDF p. 67 |
| – Share-based payment expense$’000 | 25,487 | 17,740 | PDF p. 67 |
| – Net loss on disposal of property, plant and equipment and software$’000 | 327 | 123 | PDF p. 67 |
| – Finance charges$’000 | 16,565 | 17,338 | PDF p. 67 |
| – Impairment losses$’000 | 55,635 | 7,568 | PDF p. 67 |
| – Net fair value gains on financial assets, at FVPL$’000 | (8,661) | (42,684) | PDF p. 67 |
| – Fair value loss on forward liability to acquire non-controlling interests$’000 | – | 310 | PDF p. 67 |
| – Gain on sale of interest in associated company$’000 | – | (7,801) | PDF p. 67 |
| – Interest income$’000 | (41,588) | (37,129) | PDF p. 67 |
| – Net losses/(gains) on changes in interests in associated company and joint venture$’000 | 21 | (5,991) | PDF p. 67 |
| – Other non-cash income$’000 | (1,283) | (1,218) | PDF p. 67 |
| Cash flows from operating activities | |||
| Operating cash flow before working capital change$’000 | 997,410 | 835,761 | PDF p. 67 |
| Changes in operating assets and liabilities | |||
| – Cash committed for National Electricity Market of Singapore$’000 | 10,733 | (21,195) | PDF p. 67 |
| – Derivatives Clearing Fund$’000 | (99) | 12,910 | PDF p. 67 |
| – Trade and other receivables$’000 | (234,134) | 172,244 | PDF p. 67 |
| – Trade and other payables$’000 | 229,822 | (36,272) | PDF p. 67 |
| Cash flows from operating activities | |||
| Cash generated from operations$’000 | 1,003,732 | 963,448 | PDF p. 67 |
| Income tax paid$’000 | (133,001) | (121,778) | PDF p. 67 |
| Net cash generated from operating activities$’000 | 870,731 | 841,670 | PDF p. 67 |
| Cash flows from investing activities | |||
| Purchase of financial assets, at FVOCI$’000 | (819,324) | (572,335) | PDF p. 67 |
| Purchase of financial assets, at FVPL$’000 | (2,666) | (4,783) | PDF p. 67 |
| Purchase of property, plant and equipment and software$’000 | (81,922) | (68,112) | PDF p. 67 |
| Acquisition of additional interest in associated company$’000 | – | (3,360) | PDF p. 67 |
| Acquisition of non-controlling interest in a subsidiary$’000 | – | (10,331) | PDF p. 67 |
| Proceeds from financial assets, at FVOCI upon maturity$’000 | 775,089 | 337,500 | PDF p. 67 |
| Proceeds from sale of interest in associated company$’000 | – | 17,808 | PDF p. 67 |
| Proceeds from disposal of property, plant and equipment$’000 | 38 | 20 | PDF p. 67 |
| Distribution proceeds relating to financial asset, at FVPL$’000 | 459,129 | – | PDF p. 67 |
| Interest received$’000 | 28,605 | 34,618 | PDF p. 67 |
| Grants received for property, plant and equipment and software$’000 | – | 3,070 | PDF p. 67 |
| Net cash generated from/(used in) investing activities$’000 | 358,949 | (265,905) | PDF p. 67 |
| Cash flows from financing activities | |||
| Dividends paid$’000 | (465,635) | (385,346) | PDF p. 67 |
| Purchase of treasury shares$’000 | (42,012) | (26,329) | PDF p. 67 |
| Repayment of lease liabilities$’000 | (21,551) | (23,221) | PDF p. 67 |
| Interest paid$’000 | (14,283) | (14,465) | PDF p. 67 |
| Net cash used in financing activities$’000 | (543,481) | (449,361) | PDF p. 67 |
| Cash flows | |||
| Net increase in cash and cash equivalents$’000 | 686,199 | 126,404 | PDF p. 67 |
| Cash and cash equivalents at beginning of financial year$’000 | 919,303 | 795,720 | PDF p. 67 |
| Effects of changes in foreign exchange rates on cash and cash equivalents$’000 | 601 | (2,821) | PDF p. 67 |
| Cash and cash equivalents at end of financial year$’000 | 1,606,103 | 919,303 | PDF p. 67 |
Definitions & sources
Original report: PDF p. 67 ↗
Cash flow statement discloses Group columns only; no Company cash flow column is printed.
The statement header states “For the financial year ended 30 June 2026”; the comparative year is 2025. No currency unit beyond $’000 is printed in the column header.
The row “– Cash committed for Singapore Exchange Derivatives Clearing Limited” is a section label with no numeric values; its indented “– Derivatives Clearing Fund” row carries the values shown.
The accompanying notes form an integral part of the financial statements.
Financial Performance Summary
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Statement of Income | ||||||
| Operating revenue less transaction-based expenses (net revenue)¹$million | 1,030 | 1,121 | 1,162 | 1,298 | 1,478 | PDF p. 5 |
| Operating expenses¹$million | 396 | 433 | 460 | 470 | 509 | PDF p. 5 |
| Earnings before interest, tax, depreciation and amortisation$million | 634 | 688 | 702 | 828 | 969 | PDF p. 5 |
| Depreciation and amortisation$million | 97 | 98 | 96 | 85 | 82 | PDF p. 5 |
| Operating profit$million | 537 | 590 | 606 | 743 | 887 | PDF p. 5 |
| Profit before tax and share of results of associated companies and joint ventures$million | 555 | 689 | 723 | 803 | 869 | PDF p. 5 |
| Net profit attributable to equity holders$million | 451 | 571 | 598 | 648 | 698 | PDF p. 5 |
| Statement of Cash Flows | ||||||
| Cash flows from operating activities$million | 584 | 447 | 616 | 842 | 871 | PDF p. 5 |
| Statement of Financial Position | ||||||
| Total assets$million | 3,848 | 3,781 | 3,985 | 4,144 | 4,547 | PDF p. 5 |
| Unrestricted cash and cash equivalents$million | 752 | 777 | 796 | 919 | 1,606 | PDF p. 5 |
| Cash committed for derivatives clearing fund$million | 125 | 132 | 144 | 131 | 131 | PDF p. 5 |
| Cash committed for securities clearing fund$million | 60 | 40 | 40 | 40 | 40 | PDF p. 5 |
| Cash committed for National Electricity Market of Singapore$million | 61 | 84 | 18 | 39 | 29 | PDF p. 5 |
| Total liabilities$million | 2,299 | 2,078 | 2,024 | 1,944 | 2,184 | PDF p. 5 |
| Total equity$million | 1,549 | 1,704 | 1,961 | 2,200 | 2,363 | PDF p. 5 |
| Capital expenditure | ||||||
| Includes proposed final dividend$million | 85 | 91 | 96 | 112 | 123 | PDF p. 5 |
| Financial Highlights | ||||||
| No. of shares issuedmillion shares | 1,072 | 1,072 | 1,072 | 1,072 | 1,072 | PDF p. 5 |
| No. of shares held as treasury sharesmillion shares | 4 | 4 | 3 | 3 | 3 | PDF p. 5 |
| Financial Indicators | ||||||
| Net revenue growth²% | 3.7 | 8.9 | 3.6 | 11.7 | 13.9 | PDF p. 5 |
| Operating profit margin²% | 52.2 | 52.6 | 52.2 | 57.2 | 60.0 | PDF p. 5 |
| Cost-to-income ratio²% | 47.8 | 47.4 | 47.8 | 42.8 | 40.0 | PDF p. 5 |
| Gearing ratioratio | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | PDF p. 5 |
| Net asset value per ordinary share as at 30 Junedollars per share | 1.45 | 1.59 | 1.83 | 2.06 | 2.21 | PDF p. 5 |
| Net profit margin²% | 43.8 | 50.9 | 51.5 | 49.9 | 47.2 | PDF p. 5 |
| Return on equity% | 30.8 | 35.2 | 32.6 | 31.2 | 30.6 | PDF p. 5 |
| Dividend payout ratio% | 75.8 | 60.8 | 61.7 | 61.9 | 87.3 | PDF p. 5 |
| Basic earnings per sharecents per share | 42.2 | 53.4 | 55.9 | 60.6 | 65.3 | PDF p. 5 |
Definitions & sources
Original report: PDF p. 5 ↗
Figures may be subject to rounding.
¹ The presentation of revenue and expenses has been revised in FY2025 such that transaction-based expenses are netted-off against the operating revenue to show net revenue. FY2024 financials have been revised for a like-for-like comparison. Net revenue for FY2022-FY2023 is calculated as operating revenue less processing and royalties, as a proxy.
² Calculated on a net revenue basis.
FY2026 Performance Highlights and Dividend per Share
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 | 2025Group FY2025, figures in parentheses | Source |
|---|---|---|---|
| Financial Overview | |||
| NPAT$million | 698.4 | 648.0 | PDF p. 4 |
| Adjusted NPAT$million | 759.5 | 609.5 | PDF p. 4 |
| EPScents per share | 65.3 | 60.6 | PDF p. 4 |
| Adjusted EPScents per share | 71.0 | 57.0 | PDF p. 4 |
| Total FY2026 dividends per sharecents per share | 57.0 | 37.5 | PDF p. 4 |
| Financial overview and proposed distributions | |||
| net revenue2 increased$million | 1,478.3 | 1,298.2 | PDF p. 4 |
| EBITDA$million | 969.3 | 827.8 | PDF p. 4 |
| Adjusted EBITDA$million | 980.6 | 832.0 | PDF p. 4 |
| a final quarterly dividend ofcents per share | 11.5 | 10.5 | PDF p. 4 |
Definitions & sources
Original report: PDF p. 4 ↗
All figures are for FY2026 except for figures in brackets, which are for FY2025 unless otherwise stated. Figures may be subject to rounding.
Adjusted EBITDA, NPAT and EPS exclude certain non-cash and non-recurring items that have less bearing on SGX’s operating performance. Hence, they better reflect the group’s underlying performance. Adjusted figures are non-SFRS(I) measures.
The Board of Directors has proposed a final quarterly dividend of 11.5 cents (10.5 cents) per share, and a one-off additional dividend of 12.5 cents per share, both payable on 10 November 2026. If approved, total FY2026 dividends, including the additional dividend, will be 57.0 cents (37.5 cents) per share.
Consolidated Statement of Changes in Equity — Group equity movements, financial year ended 30 June 2026 (columns 1–8)
17 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group; Share capital | 2026Group; Capital reserve* | 2026Group; Treasury shares | 2026Group; Cash flow hedge reserve* | 2026Group; Currency translation reserve* | 2026Group; Fair value reserve* | 2026Group; Securities clearing fund reserve* | 2026Group; Derivatives clearing fund reserve* | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity | |||||||||
| Balance at 1 July 2025$’000 | 419,198 | 3,989 | (33,386) | 3,374 | (23,493) | 100,560 | 25,000 | 34,021 | PDF p. 64 Label p. 64 |
| Transactions with equity holders, recognised directly in equity Dividends paid – Financial year 2025 – Final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| – Financial year 2025 – Under provision of final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Interim dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Additional dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Employees’ share plans – Value of employees’ services$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Restricted share plan – Value of directors' services$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Vesting of shares under share-based remuneration plans$’000 | (2,656) | – | 20,667 | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Vesting of shares under restricted share plan$’000 | 114 | – | 275 | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Purchase of treasury shares$’000 | – | – | (42,012) | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Tax effect on treasury shares**$’000 | – | – | 3,403 | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Total transactions with equity holders for the financial year$’000 | (2,542) | – | (17,667) | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Net profit after tax$’000 | – | – | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Other comprehensive income$’000 | – | – | – | (5,271) | 1,369 | (52,691) | – | – | PDF p. 64 Label p. 64 |
| Total comprehensive income for the financial year$’000 | – | – | – | (5,271) | 1,369 | (52,691) | – | – | PDF p. 64 Label p. 64 |
| Balance at 30 June 2026$’000 | 416,656 | 3,989 | (51,053) | (1,897) | (22,124) | 47,869 | 25,000 | 34,021 | PDF p. 64 Label p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Reserve component columns are represented as separate Group scopes; all amounts are $’000.
The statement for the comparative financial year ended 30 June 2025 is printed on physical page 65.
Component columns are split for display in their original printed order. All source numeric/dash cells are retained.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Consolidated Statement of Changes in Equity — Group equity movements, financial year ended 30 June 2026 (columns 9–15)
17 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group; Share-based payment reserve* | 2026Group; Other reserve* | 2026Group; Retained profits | 2026Group; Proposed dividends | 2026Group; Attributable total | 2026Group; Non-controlling interests | 2026Group; Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity | ||||||||
| Balance at 1 July 2025$’000 | 33,493 | – | 1,524,941 | 112,224 | 2,199,921 | – | 2,199,921 | PDF p. 64 Label p. 64 |
| Transactions with equity holders, recognised directly in equity Dividends paid – Financial year 2025 – Final dividends$’000 | – | – | – | (112,224) | (112,224) | – | (112,224) | PDF p. 64 Label p. 64 |
| – Financial year 2025 – Under provision of final dividends$’000 | – | – | (195) | – | (195) | – | (195) | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Interim dividends$’000 | – | – | (353,216) | – | (353,216) | – | (353,216) | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Final dividends$’000 | – | – | (122,891) | 122,891 | – | – | – | PDF p. 64 Label p. 64 |
| – Financial year 2026 – Additional dividends$’000 | – | – | (133,577) | 133,577 | – | – | – | PDF p. 64 Label p. 64 |
| Employees’ share plans – Value of employees’ services$’000 | 25,098 | – | – | – | 25,098 | – | 25,098 | PDF p. 64 Label p. 64 |
| Restricted share plan – Value of directors' services$’000 | 389 | – | – | – | 389 | – | 389 | PDF p. 64 Label p. 64 |
| Vesting of shares under share-based remuneration plans$’000 | (18,011) | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Vesting of shares under restricted share plan$’000 | (389) | – | – | – | – | – | – | PDF p. 64 Label p. 64 |
| Purchase of treasury shares$’000 | – | – | – | – | (42,012) | – | (42,012) | PDF p. 64 Label p. 64 |
| Tax effect on treasury shares**$’000 | – | – | – | – | 3,403 | – | 3,403 | PDF p. 64 Label p. 64 |
| Total transactions with equity holders for the financial year$’000 | 7,087 | – | (609,879) | 144,244 | (478,757) | – | (478,757) | PDF p. 64 Label p. 64 |
| Net profit after tax$’000 | – | – | 698,411 | – | 698,411 | – | 698,411 | PDF p. 64 Label p. 64 |
| Other comprehensive income$’000 | – | – | – | – | (56,593) | – | (56,593) | PDF p. 64 Label p. 64 |
| Total comprehensive income for the financial year$’000 | – | – | 698,411 | – | 641,818 | – | 641,818 | PDF p. 64 Label p. 64 |
| Balance at 30 June 2026$’000 | 40,580 | – | 1,613,473 | 256,468 | 2,362,982 | – | 2,362,982 | PDF p. 64 Label p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Reserve component columns are represented as separate Group scopes; all amounts are $’000.
The statement for the comparative financial year ended 30 June 2025 is printed on physical page 65.
Component columns are split for display in their original printed order. All source numeric/dash cells are retained.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Consolidated Statement of Changes in Equity — Group equity movements, financial year ended 30 June 2025 (columns 1–8)
18 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; Share capital | 2025Group; Capital reserve* | 2025Group; Treasury shares | 2025Group; Cash flow hedge reserve* | 2025Group; Currency translation reserve* | 2025Group; Fair value reserve* | 2025Group; Securities clearing fund reserve* | 2025Group; Derivatives clearing fund reserve* | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity | |||||||||
| Balance at 1 July 2024$’000 | 420,476 | 3,989 | (27,665) | (420) | (3,987) | 99,878 | 25,000 | 34,021 | PDF p. 65 Label p. 65 |
| Transactions with equity holders, recognised directly in equity Contributions by and distributions to equity holders Dividends paid – Financial year 2024 – Final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| – Financial year 2024 – Under provision of final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| – Financial year 2025 – Interim dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| – Financial year 2025 – Final dividends$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Employees’ share plans – Value of employees’ services$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Restricted share plan – Value of directors' services$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Vesting of shares under share-based remuneration plans$’000 | (1,352) | – | 19,421 | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Vesting of shares under restricted share plan$’000 | 74 | – | 274 | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Purchase of treasury shares$’000 | – | – | (26,329) | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Tax effect on treasury shares**$’000 | – | – | 913 | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Total contributions by and distributions to equity holders$’000 | (1,278) | – | (5,721) | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Changes in ownership interests in subsidiary Acquisition of non-controlling interests$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Total transactions with equity holders for the financial year$’000 | (1,278) | – | (5,721) | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Net profit after tax$’000 | – | – | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Other comprehensive income$’000 | – | – | – | 3,794 | (19,506) | 682 | – | – | PDF p. 65 Label p. 65 |
| Total comprehensive income for the financial year$’000 | – | – | – | 3,794 | (19,506) | 682 | – | – | PDF p. 65 Label p. 65 |
| Balance at 30 June 2025$’000 | 419,198 | 3,989 | (33,386) | 3,374 | (23,493) | 100,560 | 25,000 | 34,021 | PDF p. 65 Label p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Reserve component columns are represented as separate Group scopes; all amounts are $’000.
The statement for the comparative financial year ended 30 June 2025 is printed on physical page 65.
Component columns are split for display in their original printed order. All source numeric/dash cells are retained.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Consolidated Statement of Changes in Equity — Group equity movements, financial year ended 30 June 2025 (columns 9–15)
18 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; Share-based payment reserve* | 2025Group; Other reserve* | 2025Group; Retained profits | 2025Group; Proposed dividends | 2025Group; Attributable total | 2025Group; Non-controlling interests | 2025Group; Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group statement of changes in equity | ||||||||
| Balance at 1 July 2024$’000 | 34,170 | (40,506) | 1,318,712 | 96,178 | 1,959,846 | 1,329 | 1,961,175 | PDF p. 65 Label p. 65 |
| Transactions with equity holders, recognised directly in equity Contributions by and distributions to equity holders Dividends paid – Financial year 2024 – Final dividends$’000 | – | – | – | (96,178) | (96,178) | – | (96,178) | PDF p. 65 Label p. 65 |
| – Financial year 2024 – Under provision of final dividends$’000 | – | – | (194) | – | (194) | – | (194) | PDF p. 65 Label p. 65 |
| – Financial year 2025 – Interim dividends$’000 | – | – | (288,974) | – | (288,974) | – | (288,974) | PDF p. 65 Label p. 65 |
| – Financial year 2025 – Final dividends$’000 | – | – | (112,224) | 112,224 | – | – | – | PDF p. 65 Label p. 65 |
| Employees’ share plans – Value of employees’ services$’000 | 17,392 | – | – | – | 17,392 | – | 17,392 | PDF p. 65 Label p. 65 |
| Restricted share plan – Value of directors' services$’000 | 348 | – | – | – | 348 | – | 348 | PDF p. 65 Label p. 65 |
| Vesting of shares under share-based remuneration plans$’000 | (18,069) | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Vesting of shares under restricted share plan$’000 | (348) | – | – | – | – | – | – | PDF p. 65 Label p. 65 |
| Purchase of treasury shares$’000 | – | – | – | – | (26,329) | – | (26,329) | PDF p. 65 Label p. 65 |
| Tax effect on treasury shares**$’000 | – | – | – | – | 913 | – | 913 | PDF p. 65 Label p. 65 |
| Total contributions by and distributions to equity holders$’000 | (677) | – | (401,392) | 16,046 | (393,022) | – | (393,022) | PDF p. 65 Label p. 65 |
| Changes in ownership interests in subsidiary Acquisition of non-controlling interests$’000 | – | 40,506 | (40,362) | – | 144 | (1,473) | (1,329) | PDF p. 65 Label p. 65 |
| Total transactions with equity holders for the financial year$’000 | (677) | 40,506 | (441,754) | 16,046 | (392,878) | (1,473) | (394,351) | PDF p. 65 Label p. 65 |
| Net profit after tax$’000 | – | – | 647,983 | – | 647,983 | 144 | 648,127 | PDF p. 65 Label p. 65 |
| Other comprehensive income$’000 | – | – | – | – | (15,030) | – | (15,030) | PDF p. 65 Label p. 65 |
| Total comprehensive income for the financial year$’000 | – | – | 647,983 | – | 632,953 | 144 | 633,097 | PDF p. 65 Label p. 65 |
| Balance at 30 June 2025$’000 | 33,493 | – | 1,524,941 | 112,224 | 2,199,921 | – | 2,199,921 | PDF p. 65 Label p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Reserve component columns are represented as separate Group scopes; all amounts are $’000.
The statement for the comparative financial year ended 30 June 2025 is printed on physical page 65.
Component columns are split for display in their original printed order. All source numeric/dash cells are retained.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Statement of Changes in Equity — Company financial year ended 30 June 2026
17 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company; Share capital | 2026Company; Treasury shares | 2026Company; Fair value reserve* | 2026Company; Share-based payment reserve* | 2026Company; Retained profits | 2026Company; Proposed dividends | 2026Company; Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company statement of changes in equity | ||||||||
| Balance at 1 July 2025$’000 | 419,198 | (33,386) | 894 | 33,493 | 916,063 | 112,224 | 1,448,486 | PDF p. 66 Label p. 66 |
| Transactions with equity holders, recognised directly in equity Dividends paid – Financial year 2025 – Final dividends$’000 | – | – | – | – | – | (112,224) | (112,224) | PDF p. 66 Label p. 66 |
| – Financial year 2025 – Under provision of final dividends$’000 | – | – | – | – | (195) | – | (195) | PDF p. 66 Label p. 66 |
| – Financial year 2026 – Interim dividends$’000 | – | – | – | – | (353,216) | – | (353,216) | PDF p. 66 Label p. 66 |
| – Financial year 2026 – Final dividends$’000 | – | – | – | – | (122,891) | 122,891 | – | PDF p. 66 Label p. 66 |
| – Financial year 2026 – Additional dividends$’000 | – | – | – | – | (133,577) | 133,577 | – | PDF p. 66 Label p. 66 |
| Employees’ share plans – Value of employees’ services$’000 | – | – | – | 25,098 | – | – | 25,098 | PDF p. 66 Label p. 66 |
| Restricted share plan – Value of directors’ services$’000 | – | – | – | 389 | – | – | 389 | PDF p. 66 Label p. 66 |
| Vesting of shares under share-based remuneration plans$’000 | (2,656) | 20,667 | – | (18,011) | – | – | – | PDF p. 66 Label p. 66 |
| Vesting of shares under restricted share plan$’000 | 114 | 275 | – | (389) | – | – | – | PDF p. 66 Label p. 66 |
| Purchase of treasury shares$’000 | – | (42,012) | – | – | – | – | (42,012) | PDF p. 66 Label p. 66 |
| Tax effect on treasury shares**$’000 | – | 3,403 | – | – | – | – | 3,403 | PDF p. 66 Label p. 66 |
| Total transactions with equity holders for the financial year$’000 | (2,542) | (17,667) | – | 7,087 | (609,879) | 144,244 | (478,757) | PDF p. 66 Label p. 66 |
| Net profit after tax$’000 | – | – | – | – | 780,765 | – | 780,765 | PDF p. 66 Label p. 66 |
| Other comprehensive income$’000 | – | – | (761) | – | – | – | (761) | PDF p. 66 Label p. 66 |
| for the financial year$’000 | – | – | (761) | – | 780,765 | – | 780,004 | PDF p. 66 Label p. 66 |
| Balance at 30 June 2026$’000 | 416,656 | (51,053) | 133 | 40,580 | 1,086,949 | 256,468 | 1,749,733 | PDF p. 66 Label p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Reserve component columns are represented as separate Company scopes; amounts are $’000.
This page presents Company statements for the year ended 30 June 2026 and comparative 2025 side by side.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Statement of Changes in Equity — Company financial year ended 30 June 2025
16 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company; Share capital | 2025Company; Treasury shares | 2025Company; Fair value reserve* | 2025Company; Share-based payment reserve* | 2025Company; Retained profits | 2025Company; Proposed dividends | 2025Company; Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company statement of changes in equity | ||||||||
| Balance at 1 July 2024$’000 | 420,476 | (27,665) | – | 34,170 | 782,000 | 96,178 | 1,305,159 | PDF p. 66 Label p. 66 |
| Transactions with equity holders, recognised directly in equity Dividends paid – Financial year 2024 – Final dividends$’000 | – | – | – | – | – | (96,178) | (96,178) | PDF p. 66 Label p. 66 |
| – Financial year 2024 – Under provision of final dividends$’000 | – | – | – | – | (194) | – | (194) | PDF p. 66 Label p. 66 |
| – Financial year 2025 – Interim dividends$’000 | – | – | – | – | (288,974) | – | (288,974) | PDF p. 66 Label p. 66 |
| – Financial year 2025 – Final dividends$’000 | – | – | – | – | (112,224) | 112,224 | – | PDF p. 66 Label p. 66 |
| Employees’ share plans – Value of employees’ services$’000 | – | – | – | 17,392 | – | – | 17,392 | PDF p. 66 Label p. 66 |
| Restricted share plan – Value of directors’ services$’000 | – | – | – | 348 | – | – | 348 | PDF p. 66 Label p. 66 |
| Vesting of shares under share-based remuneration plans$’000 | (1,352) | 19,421 | – | (18,069) | – | – | – | PDF p. 66 Label p. 66 |
| Vesting of shares under restricted share plan$’000 | 74 | 274 | – | (348) | – | – | – | PDF p. 66 Label p. 66 |
| Purchase of treasury shares$’000 | – | (26,329) | – | – | – | – | (26,329) | PDF p. 66 Label p. 66 |
| Tax effect on treasury shares**$’000 | – | 913 | – | – | – | – | 913 | PDF p. 66 Label p. 66 |
| Total transactions with equity holders for the financial year$’000 | (1,278) | (5,721) | – | (677) | (401,392) | 16,046 | (393,022) | PDF p. 66 Label p. 66 |
| Net profit after tax$’000 | – | – | – | – | 535,455 | – | 535,455 | PDF p. 66 Label p. 66 |
| Other comprehensive income$’000 | – | – | 894 | – | – | – | 894 | PDF p. 66 Label p. 66 |
| for the financial year$’000 | – | – | 894 | – | 535,455 | – | 536,349 | PDF p. 66 Label p. 66 |
| Balance at 30 June 2025$’000 | 419,198 | (33,386) | 894 | 33,493 | 916,063 | 112,224 | 1,448,486 | PDF p. 66 Label p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Reserve component columns are represented as separate Company scopes; amounts are $’000.
This page presents Company statements for the year ended 30 June 2026 and comparative 2025 side by side.
* These reserves are not available for distribution as dividends to the equity holders of the Company. (PDF p. 66)
** The tax effect relates to the deferred tax benefit/(liability) on the difference between consideration paid for treasury shares and share-based payment expense relating to employees’ and directors’ services. (PDF p. 66)
Proposed one-off additional dividend
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026; proposed one-off additional dividend | Source |
|---|---|---|
| Proposed distribution | ||
| dividend of 12.5 cents per sharecents per share | 12.5 | PDF p. 4 |
Definitions & sources
Original report: PDF p. 4 ↗
All figures are for FY2026 except for figures in brackets, which are for FY2025 unless otherwise stated. Figures may be subject to rounding.
Adjusted EBITDA, NPAT and EPS exclude certain non-cash and non-recurring items that have less bearing on SGX’s operating performance. Hence, they better reflect the group’s underlying performance. Adjusted figures are non-SFRS(I) measures.
The Board of Directors has proposed a final quarterly dividend of 11.5 cents (10.5 cents) per share, and a one-off additional dividend of 12.5 cents per share, both payable on 10 November 2026. If approved, total FY2026 dividends, including the additional dividend, will be 57.0 cents (37.5 cents) per share.
Where the money comes from
Segment information
By business
Segment information – FY2026 9 lines
| Item / unit | 2026Fixed Income, Currencies and Commodities | 2026Equities – Cash | 2026Equities – Derivatives | 2026Platform and Others | 2026Corporate | 2026Group | Source |
|---|---|---|---|---|---|---|---|
| 2026 | |||||||
| Operating Revenue$'000 | 411,986 | 507,631 | 375,149 | 264,703 | – | 1,559,469 | PDF p. 97 |
| Less: Transaction-based expenses$'000 | (35,751) | (4,691) | (30,661) | (10,045) | – | (81,148) | PDF p. 97 |
| Operating revenue less transaction-based expenses (net revenue)$'000 | 376,235 | 502,940 | 344,488 | 254,658 | – | 1,478,321 | PDF p. 97 |
| Earnings before interest, tax, depreciation and amortisation$'000 | 219,809 | 363,127 | 248,073 | 138,326 | – | 969,335 | PDF p. 97 |
| Depreciation and amortisation$'000 | (27,088) | (21,598) | (14,091) | (19,368) | – | (82,145) | PDF p. 97 |
| Operating profit$'000 | 192,721 | 341,529 | 233,982 | 118,958 | – | 887,190 | PDF p. 97 |
| Non-operating items$'000 | – | – | – | – | (18,428) | (18,428) | PDF p. 97 |
| Share of results of associated companies and joint ventures, net of tax$'000 | – | – | – | – | (10,309) | (10,309) | PDF p. 97 |
| Tax$'000 | – | – | – | – | (160,042) | (160,042) | PDF p. 97 |
Notes
The Group operates primarily in Singapore and is organised into five segments. Net profit after tax is printed only in the Group column.
Page header printed as 'Segment information (continued)' but the note's only segment table is on this page.
Segment information – FY2025 comparative 9 lines
| Item / unit | 2025Fixed Income, Currencies and Commodities | 2025Equities – Cash | 2025Equities – Derivatives | 2025Platform and Others | 2025Corporate | 2025Group | Source |
|---|---|---|---|---|---|---|---|
| 2025 | |||||||
| Operating Revenue$'000 | 350,059 | 396,422 | 375,543 | 248,601 | – | 1,370,625 | PDF p. 97 |
| Less: Transaction-based expenses$'000 | (28,485) | (3,702) | (29,645) | (10,626) | – | (72,458) | PDF p. 97 |
| Operating revenue less transaction-based expenses (net revenue)$'000 | 321,574 | 392,720 | 345,898 | 237,975 | – | 1,298,167 | PDF p. 97 |
| Earnings before interest, tax, depreciation and amortisation$'000 | 168,213 | 267,658 | 256,521 | 135,367 | – | 827,759 | PDF p. 97 |
| Depreciation and amortisation$'000 | 27,761 | 23,731 | 14,041 | 19,383 | – | 84,916 | PDF p. 97 |
| Operating profit$'000 | 140,452 | 243,927 | 242,480 | 115,984 | – | 742,843 | PDF p. 97 |
| Non-operating items$'000 | – | – | – | – | 59,746 | 59,746 | PDF p. 97 |
| Share of results of associated companies and joint ventures, net of tax$'000 | – | – | – | – | (16,698) | (16,698) | PDF p. 97 |
| Tax$'000 | – | – | – | – | (137,764) | (137,764) | PDF p. 97 |
Notes
Depreciation and amortisation for 2025 is printed without parentheses, exactly as in the source.
Net profit after tax is printed only in the Group column.
Debt
Borrowings
Terms and debt repayment schedule (Group/Company)
| Item / unit | 2026Group/Company Face value | 2026Group/Company Carrying amount | 2025Group/Company Face value | 2025Group/Company Carrying amount | Source |
|---|---|---|---|---|---|
| Group/Company – currency USD, weighted average interest rate 1.29% (2025: 1.29%), year of maturity 2026 | |||||
| Medium term notes USD 1.29% (2025: 1.29%) 2026$'000 | 323,599 | 324,921 | 318,626 | 319,758 | PDF p. 89 |
| Group/Company – currency SGD, weighted average interest rate 3.51% (2025: 3.51%), year of maturity 2027 | |||||
| Medium term notes SGD 3.51% (2025: 3.51%) 2027$'000 | 300,000 | 303,326 | 300,000 | 303,146 | PDF p. 89 |
| Group/Company | |||||
| Total (no printed label)$'000 | 623,599 | 628,247 | 618,626 | 622,904 | PDF p. 89 |
Notes
Printed columns: Currency, Weighted average interest rate, Year of maturity, then Face value and Carrying amount for 2026 and 2025. Row labels combine the printed instrument, currency, rate and maturity from the label line; numbers are on the following printed line.
Notes are unsecured, fixed rate (see Note 26(a)).
Note 27(a) Repayment schedule of lease liabilities – Group
| Item / unit | 2026Group Payment | 2026Group Interest | 2026Group Principal | 2025Group Payment | 2025Group Interest | 2025Group Principal | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Within 1 year$'000 | 16,383 | 1,092 | 15,291 | 21,780 | 2,026 | 19,754 | PDF p. 90 |
| After 1 year but within 5 years$'000 | 33,791 | 1,503 | 32,288 | 47,075 | 3,080 | 43,995 | PDF p. 90 |
| Total (no printed label)$'000 | 50,174 | 2,595 | 47,579 | 70,327 | 5,127 | 65,200 | PDF p. 90 |
| After 5 years$'000 | 1,472 | 21 | 1,451 | PDF p. 90 | |||
Notes
No 'After 5 years' row printed for 2026.
Note 27(a) Repayment schedule of lease liabilities – Company
| Item / unit | 2026Company Payment | 2026Company Interest | 2026Company Principal | 2025Company Payment | 2025Company Interest | 2025Company Principal | Source |
|---|---|---|---|---|---|---|---|
| Company | |||||||
| Within 1 year$'000 | 14,875 | 1,252 | 13,623 | 20,595 | 2,183 | 18,412 | PDF p. 90 |
| After 1 year but within 5 years$'000 | 31,425 | 1,142 | 30,283 | 44,568 | 2,400 | 42,168 | PDF p. 90 |
| Total (no printed label)$'000 | 46,300 | 2,394 | 43,906 | 66,635 | 4,606 | 62,029 | PDF p. 90 |
| After 5 years$'000 | 1,472 | 23 | 1,449 | PDF p. 90 | |||
Borrowing notes 7 tables
Loans and borrowings – current and non-current
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current | |||||
| Medium term notes (Note (a))$'000 | 628,247 | – | 628,247 | – | PDF p. 89 |
| Non-current | |||||
| Medium term notes (Note (a))$'000 | – | 622,904 | – | 622,904 | PDF p. 89 |
Notes
The exposure of the Group and the Company to interest rate, currency and liquidity risk is disclosed in Note 42.
(a) USD 250.0 million of medium term notes were issued on 3 September 2021 with maturity date on 3 September 2026. The unsecured notes issued under SGX's SGD 1.5 billion multicurrency debt issuance programme, bear interest at a fixed rate of 1.234 per cent per annum payable semi-annually in arrears on 3 March and 3 September each year.
SGD 300.0 million of medium term notes were issued on 26 February 2024 with maturity date on 26 February 2027. The unsecured notes issued under SGX's SGD 1.5 billion multicurrency debt issuance programme, bear interest at a fixed rate of 3.45 per cent per annum payable semi-annually in arrears on 26 February and 26 August each year.
Only medium term notes are reported; no secured borrowings are shown.
Lease liabilities – current and non-current
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Lease liabilities | |||||
| Current lease liabilities$'000 | 15,291 | 19,754 | 13,623 | 18,412 | PDF p. 90 |
| Non-current lease liabilities$'000 | 32,288 | 45,446 | 30,283 | 43,617 | PDF p. 90 |
| Total (no printed label)$'000 | 47,579 | 65,200 | 43,906 | 62,029 | PDF p. 90 |
Notes
The exposure of the Group and the Company to interest rate, currency and liquidity risk is disclosed in Note 42.
Liquidity risk – contractual undiscounted cash flows, Group
| Item / unit | 2026Group Up to 3 months | 2026Group > 3 months to 1 year | 2026Group Above 1 year | 2026Group Total | 2025Group Up to 3 months | 2025Group > 3 months to 1 year | 2025Group Above 1 year | 2025Group Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group Financial liabilities | |||||||||
| Lease liabilities$'000 | 4,404 | 11,979 | 33,791 | 50,174 | 5,322 | 16,458 | 48,547 | 70,327 | PDF p. 108 |
| Loans and borrowings$'000 | 324,921 | 303,326 | – | 628,247 | – | – | 622,904 | 622,904 | PDF p. 108 |
Notes
The financial liabilities are analysed into maturity buckets based on the remaining period from the balance sheet date to the contractual maturity dates. The amounts disclosed are contractual undiscounted cash flows.
Contractual undiscounted cash flows.
Liquidity risk – contractual undiscounted cash flows, Company
| Item / unit | 2026Company Up to 3 months | 2026Company > 3 months to 1 year | 2026Company Above 1 year | 2026Company Total | 2025Company Up to 3 months | 2025Company > 3 months to 1 year | 2025Company Above 1 year | 2025Company Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Company Financial liabilities | |||||||||
| Lease liabilities$'000 | 4,004 | 10,871 | 31,424 | 46,299 | 4,962 | 15,633 | 46,040 | 66,635 | PDF p. 108 |
| Loans and borrowings$'000 | 324,921 | 303,326 | – | 628,247 | – | – | 622,904 | 622,904 | PDF p. 108 |
Notes
Contractual undiscounted cash flows.
Currency risk – loans and borrowings by currency (Group 2025; Company 2026 and 2025)
| Item / unit | 2025Group SGD | 2025Group USD | 2025Group GBP | 2025Group EUR | 2025Group JPY | 2025Group Others | 2025Group Total | Source |
|---|---|---|---|---|---|---|---|---|
| Group 2025 Financial liabilities | ||||||||
| Loans and borrowings$'000 | (303,146) | (319,758) | – | – | – | – | (622,904) | PDF p. 104 |
Notes
Company 2026 row (same page): Loans and borrowings (303,326) SGD, (324,921) USD, –, –, –, –, (628,247) total. Company 2025 row: (303,146) SGD, (319,758) USD, total (622,904). Group 2026 currency table is on a page not extracted here.
SGD balances included for completeness.
Currency risk – loans and borrowings by currency, Company 2026
| Item / unit | 2026Company SGD | 2026Company USD | 2026Company GBP | 2026Company EUR | 2026Company JPY | 2026Company Others | 2026Company Total | Source |
|---|---|---|---|---|---|---|---|---|
| Company 2026 Financial liabilities | ||||||||
| Loans and borrowings$'000 | (303,326) | (324,921) | – | – | – | – | (628,247) | PDF p. 104 |
Interest rate repricing – Company 2026 (fixed rate loans and borrowings)
| Item / unit | 2026Company Fixed rates Less than 6 months | 2026Company Fixed rates 6 to 12 months | 2026Company Fixed rates Over 1 year | 2026Company Total | Source |
|---|---|---|---|---|---|
| Company 2026 Financial liabilities | |||||
| Loans and borrowings$'000 | (324,921) | (303,326) | – | (628,247) | PDF p. 106 |
| Lease liabilities$'000 | (6,920) | (6,703) | (30,283) | (43,906) | PDF p. 106 |
Notes
Printed row also has dash for Variable rates less than 6 months and for Non-interest bearing. The Group and the Company's borrowings are fixed rate instruments held at amortised cost (page 105).
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | SGX aims to pay a sustainable and growing dividend over time, consistent with the company’s long-term growth prospects. Dividends are paid on a quarterly basis at the discretion of the Board. | Group | PDF p. 40 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Interim tax-exempt dividends of 33.0 cents (2025: 27.0 cents) per share | 33.0 cents per share | Group and Company, FY2026 (comparative FY2025: 27.0 cents) | PDF p. 97 |
| Proposed final tax-exempt dividends of 11.5 cents (2025: 10.5 cents) per share | 11.5 cents per share | Group and Company, FY2026 proposed (comparative FY2025: 10.5 cents) | PDF p. 97 |
| Proposed additional tax-exempt dividends of 12.5 cents (2025: Nil) per share | 12.5 cents per share | Group and Company, FY2026 proposed one-off (comparative FY2025: Nil) | PDF p. 97 |
| total FY2026 dividends, including the additional dividend | 57.0 cents (37.5 cents) per share | FY2026 (comparative FY2025: 37.5 cents) | PDF p. 4 |
Extracted from Singapore Exchange Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | KPMG LLP | Group and Company | PDF p. 61 |
| Engagement partner | Lim Jek | Group and Company | PDF p. 61 |
| Opinion | In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position, | Group and Company, year ended 30 June 2026 | PDF p. 59 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment of goodwill | recognised an impairment loss of $53 million | Group | PDF p. 60 |
| Valuation of financial assets measured at fair value | At 30 June 2026, the Group had $571 million of | Group | PDF p. 60 |
Extracted from Singapore Exchange Annual Report 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Singapore Exchange Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
The report provides Group and Company income/comprehensive income, balance sheet and equity movements, and a Group consolidated cash flow statement. A separate Company cash flow statement is not presented. The FY2022–FY2026 summary uses its stated net-revenue presentation and rounding; adjusted figures retain their separate definitions.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.