Deed of Cross Guarantee (Tables)


For the years ended June 30,	2026		2025
Net sales	$	334	$	305
Cost of sales	(310)		(269)

Gross profit	24		36

Operating expenses (1)	(2,148)		(189)
Other income, net	1,254		1,241

Operating income/(loss)	(870)		1,088

Interest income	46		31
Interest expense	(28)		(24)


Income/(loss) before income taxes	(852)		1,095

Income tax expense/(benefit)	25		(19)

Net income/(loss)	$	(827)	$	1,076

(Net income)/loss attributable to non-controlling interest	226		(7)

Net income/(loss) attributable to Deed	$	(601)	$	1,069

(1)Includes intercompany expenses incurred with Amcor entities outside the Deed, mainly attributable to intercompany restructuring activities.


For the years ended June 30,	2026		2025
Net income/(loss)	$	(827)	$	1,076
Other comprehensive income/(loss) (1):

Foreign currency translation adjustments, net of tax	29		(2)
Other comprehensive income/(loss)	29		(2)
Comprehensive income/(loss) attributable to non-controlling interest	226		(7)
Total comprehensive income/(loss)	$	(572)	$	1,067

(1)All of the items in other comprehensive income/(loss) may be reclassified subsequently to profit or loss.


For the years ended June 30,	2026		2025
Retained earnings, beginning balance	$	6,988	$	6,761
Net income/(loss) attributable to Deed	(601)		1,069


Retained earnings before distribution	6,387		7,830

Dividends recognized during the financial period	(1,252)		(842)

Retained earnings at the end of the financial period	$	5,135	$	6,988


As of June 30,	2026		2025
Assets
Current assets:
Cash and cash equivalents	$	1,840	$	154
Receivables, net	410		297
Inventories	62		59
Prepaid expenses and other current assets	25		28
Total current assets	2,337		538
Non-current assets:
Property, plant, and equipment, net	63		61
Deferred tax assets	44		5
Other intangible assets, net	11		11
Goodwill	92		87
Other non-current assets	17,484		21,263
Total non-current assets	17,694		21,427
Total assets	$	20,031	$	21,965
Liabilities
Current liabilities:
Short-term debt	$	201	$	53
Payables	130		155
Accrued employee costs	22		20
Other current liabilities	37		109
Total current liabilities	390		337
Non-current liabilities:


Other non-current liabilities	2		2
Total liabilities	392		339
Shareholders' Equity
Issued capital	23		23
Additional paid-in capital	13,429		13,103
Retained earnings	5,135		6,988
Accumulated other comprehensive income	1,052		1,023
Total Deed shareholders' equity	19,639		21,137
Non-controlling interest (1)	—		489
Total shareholders' equity	19,639		21,626
Total liabilities and shareholders' equity	$	20,031	$	21,965

(1)The non-controlling interest in ARP North America Holdco Ltd was fully acquired by Amcor plc in June 2026.