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AL MAlAYA HOLDING COMPANY K.S.C. (CLOSED) AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2007
(All amounts are in Kuwaiti Dinars)
28.
Contribution to Zakat
Contribution to Zakat is calculated at 1% of the profit of the Parent Company after deducting its share of
income from shareholding subsidiaries in accordance with Ministry of Finance resolution No. 58/2007
effective December 10, 2007.
29.
Basic and diluted earnings per share attributable to the equity holders of the Parent Company
Earnings per share is computed by dividing profit for the period attributable to equity holders of the Parent
Company by the weighted average number of shares outstanding during the year. The dilutive effect of share
options outstanding has no material impact on earnings per share for the year.
Weighted average number of issued and fully paid-up shares
Add: Bonus shares for the year 2006
Less: weighted average number of treasury shares
Weighted average number of shares outstanding
2007
2006
31,602,151
23,431,021
Shares
Shares
287,075,428
239,568,402
28,717,410
28,717,410
(11,848,797)
{11,556,549}
303,944,041
256,729,263
Fils
Fils
103.97
91.27
Net profit for the year attributable to equity holders of the Parent
Company
Basic and diluted earnings per share attributable to equity holders
of the Parent Company
Basic earnings per share reported for 2006 was 102.29 fils before retroactive adjustment relating to issue of
bonus shares for the year ended 2006.
29