Page 9 - Q3-2024-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 SEPTEMBER 30, 2023
(All amounts are in Kuwaiti Dinars)

Attributable to shareholders of the Parent Company
Foreign currency
translation
adjustments
Foreign currencies associated with Non-
Share Share Treasury Statutory Fair value Other translation assets classified (Accumulated loss) controlling
Capital premium Shares reserve reserve reserves adjustments as held for sale retained 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 12) - (9,095,362) - - - - - - 9,095,362 - - -
(Loss) profit for the period - - - - - - - - (23,099,517) (23,099,517) 423,200 (22,676,317)
Other comprehensive (loss) income for
the period - - - - (2,384,678) - (1,485,095) 22,276,782 - 18,407,009 (75,712) 18,331,297
Total comprehensive (loss) income for
the period - - - - (2,384,678) - (1,485,095) 22,276,782 (23,099,517) (4,692,508) 347,488 (4,345,020)
Distribution of dividends as free bonus
shares from treasury shares (Note 12) - - 508,405 (508,405) - - - - - - - -
Effect of hyperinflation on a subsidiary
(Note 4) - - - - - - - - 579,638 579,638 - 579,638
Transferred to foreign currency
translation adjustments relating to
assets classified as held for sale - - - - - - 22,109,018 (22,109,018) - - - -
Purchase of treasury shares - - (1,099,994) - - - - - - (1,099,994) - (1,099,994)
Balance as at September 30, 2023 62,955,982 8,826,198 (593,366) 1,124,025 (9,234,810) 463,988 5,691,858 291,328 (22,519,879) 47,005,324 11,265,811 58,271,135

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
(Restated) 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 - - - - - - - - 639,143 639,143 427,935 1,067,078
Other comprehensive (loss) income for
the period - - - - (1,082,568) - (591,903) 389,953 - (1,284,518) 77,292 (1,207,226)
Total comprehensive (loss) income for
the period - - - - (1,082,568) - (591,903) 389,953 639,143 (645,375) 505,227 (140,148)
Effect of hyperinflation on a subsidiary - - - - - - - - 1,574,183 1,574,183 - 1,574,183
Effect of partial disposal of subsidiary - - - - - (109,626) - - - (109,626) 415,989 306,363
Effect of disposal of subsidiary - - - - - - - - - - (43,891) (43,891)
Balance as at September 30, 2022 62,955,982 17,921,560 (1,777) 1,632,430 (6,664,817) 463,988 (14,143,212) 382,636 3,635,582 66,182,372 11,869,867 78,052,239

The accompanying notes (1) to (14) form an integral part of the interim consolidated financial information.

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