Page 7 - Q1-2023-EN

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)
FOR THE PERIOD ENDED MARCH 31, 2023
(All amounts are in Kuwaiti Dinars)

Attributable to shareholders of the Parent Company
Foreign
currency
translation
adjustments
Foreign associated with (Accumulated
currencies assets losses) Non-
Share Share Treasury Statutory Fair value Other translation classified as retained controlling
Capital premium Shares reserve reserve reserves adjustments held for sale earnings Sub-total interests Total
Balance as at January 1, 2023 62,955,982 17,921,560 (1,777) 1,632,430 (6,850,132) 463,988 (14,932,065) 123,564 (9,095,362) 52,218,188 10,918,323 63,136,511
Setting off accumulated losses (Note 9) - (9,095,362) - - - - - - 9,095,362 - - -
Profit (loss) for the period - - - - - - - - 194,816 194,816 (10,806) 184,010
Other comprehensive (loss) income for the period - - - - (1,205,902) - (1,735,984) 26,512 - (2,915,374) (72,377) (2,987,751)

Total comprehensive (loss) income for the period - - - - (1,205,902) - (1,735,984) 26,512 194,816 (2,720,558) (83,183) (2,803,741)
Transferred to foreign currency translation
adjustments relating to assets classified as held
for sale - - - - - - 22,109,018 (22,109,018) - - - -
Purchase of treasury shares - - (156,471) - - - - - - (156,471) - (156,471)
Balance as at March 31, 2023 62,955,982 8,826,198 (158,248) 1,632,430 (8,056,034) 463,988 5,440,969 (21,958,942) 194,816 49,341,159 10,835,140 60,176,299

Balance as at December 31, 2021 62,955,982 17,921,560 (1,777) 1,632,430 (5,582,249) 573,614 (15,898,912) (7,317) 365,497 61,958,828 14,396,904 76,355,732
Prior years’ adjustments (Note 2) - - - - - - 2,347,603 - 1,056,759 3,404,362 (3,404,362) -
Balance as at January 1, 2022 62,955,982 17,921,560 (1,777) 1,632,430 (5,582,249) 573,614 (13,551,309) (7,317) 1,422,256 65,363,190 10,992,542 76,355,732
Profit for the period - - - - - - - - 204,249 204,249 105,193 309,442
Other comprehensive (loss) income for the period - - - - (508,077) - (449,359) 45,613 - (911,823) (75,710) (987,533)
Total comprehensive (loss) income for the period - - - - (508,077) - (449,359) 45,613 204,249 (707,574) 29,483 (678,091)
Effect of partial disposal of a subsidiary - - - - - (109,626) - - - (109,626) 415,897 306,271
Balance as at March 31, 2022 62,955,98 17,921,560 (1,777) 1,632,430 (6,090,326) 463,988 (14,000,668) 38,296 1,626,505 64,545,990 11,437,922 75,983,912
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The accompanying notes from (1) to (11) form an integral part of the interim consolidated financial information.

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