MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

401 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Name of the Enterprise Net assets, i.e., total assets minus total liabilities Share of Profit or loss Share of Other Comprehensive Income (OCI) Share of Total Comprehensive Income (TCI) As % of consolidated net assets Amount As % of consolidated profit or loss Amount As % of consolidated OCI Amount As % of consolidated TCI Amount Mahindra Two Wheelers Europe Holdings S.a r.l 0.00% (0.03) -5.61% (576.72) 14.64% (24.89) -5.95% (601.61) Peugeot Motocycles S.A.S. (Consolidated) (upto 31 st January, 2023) 0.00% — -0.94% (96.40) -2.46% 4.18 -0.91% (92.22) Mitsubishi Mahindra Agricultural Machinery Co. Ltd (Consolidated) 0.39% 222.16 0.08% 8.20 0.46% (0.79) 0.07% 7.41 Mahindra West Africa Ltd (Liquidated on 4 th January, 2023) 0.00% — 0.00% — 0.02% (0.03) 0.00% (0.03) Mahindra Mexico S. de. R. L (Under Liquidation) -0.02% (11.01) 0.00% — 1.06% (1.80) -0.02% (1.80) Bristlecone Middle East DMCC 0.02% 9.30 0.00% 0.22 -0.80% 1.36 0.02% 1.58 Mahindra do Brasil Industrial Ltda 0.20% 112.95 0.85% 87.55 -1.78% 3.02 0.90% 90.57 OFD Holding BV (Consolidated) (upto 20 th April, 2022) 0.00% — 0.00% — 8.97% (15.25) -0.15% (15.25) Mahindra Automotive North America Inc. (Consolidated) 0.18% 100.56 -0.65% (66.74) -3.42% 5.81 -0.60% (60.93) Erkunt Sanayi A.S. 0.93% 522.87 0.11% 11.12 33.54% (57.02) -0.45% (45.90) Erkunt Traktor Sanayii A.S 0.91% 510.61 0.47% 48.34 16.26% (27.65) 0.20% 20.69 Mahindra Fresh Fruits Distribution Holding Company (Europe) B.V. (Liquidated on 28 th February, 2023) 0.00% — 0.07% 7.41 1.04% (1.77) 0.06% 5.64 Automobili Pininfarina GmbH (Consolidated) -0.08% (43.90) -3.13% (321.88) 3.33% (5.67) -3.24% (327.55) Mahindra Automotive Mauritius Limited -0.26% (145.52) -2.58% (265.11) 0.00% — -2.62% (265.11) Mahindra Bangladesh Private Limited (Liquidated on 14 th March, 2023) 0.00% — 0.00% (0.08) 0.00% — 0.00% (0.08) MSPL International DMCC (upto 22 nd December, 2022) 0.00% — 0.00% (0.04) -0.36% 0.61 0.01% 0.57 Sampo Rosenlew Oy (w.e.f. 22 nd July, 2022) 0.01% 5.44 -0.46% (47.01) 2.02% (3.44) -0.50% (50.45) Associates (Investment as per the equity method) Indian Swaraj Engines Limited (upto 27 th September, 2022) 0.00% — 0.25% 26.19 0.00% — 0.26% 26.19 47. Statement of net assets and profit and loss and other comprehensive income attributable to owners and non-controlling interest (contd.) Rupees crores