Financial Quarterly Reports 2008

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AL-WAHA ~
AUDITING OFFICE 6.
ALI OWAID RUKHAEYES
Albazie & CO.
Member of RSM International
Member of The International Group of Accounting Firms
Public Accountants
Kuwait Airways Building, 7th Floor
Shuhada Street, P.O. Box 2115 Safat
13022 - State of Kuwait
T + 965 2410010
T + 965 2961000
F + 965 2412761
P.O. Box 27387 Safat
13134 - State of Kuwait
Telephone: (965) 2423415
Facsimile: (965) 2423417
REVIEW REPORT ON INTERIM CONSOLIDATED FINANCIAL INFORMATION
The Board of Directors
AI Mazaya HoldingCompany K.S.C. (Closed)
State of Kuwait
Introduction
We have reviewed the accompanying interim condensed consolidated balance sheet of AI Mazaya Holding
Company K.S,C, (Closed) (the Parent Company) and subsidiaries (the Group) as of June 30, 2008 and the
related interim condensed consolidated statements of income, changes in equity and cash flows for the six
months period then ended, The Parent Company's management is responsible for the preparation and
presentation of this interim consolidated financial information in accordance with International Accounting
Standard 34, 'Interim Financial Reporting'. Our responsibility is to express a conclusion on this interim
consolidated financial information based on our review,
Scope of Review
We conducted our review in accordance with Intemational Standard on Review Engagements 2410, "Review of
Interim Financial Information Performed by the Independent Auditor of the Entity." A review of interim
consolidated financial information consists of making inquiries, primarily of persons responsible for financial and
accounting matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with International Standards on Auditing and consequently does not
enable us to obtain assurance that we would become aware of all significant matters that might be identified in an
audit. Accordingly, we do not express an audit opinion.
Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim
consolidated financial information is not prepared, in all material respects, in accordance with International
Accounting Standard 34, 'Interim Financial Reporting'.
Report on other Legal and Regulatory Requirements
Furthermore, the interim consolidated financial information is in agreement with the parent company's books of
account. We further report that, to the best of our knowledge and belief, no violations of the Commercial
Companies' Law of 1960, as amended, or of the Articles of Association of the Parent Company have occurred
during the period ended June 30, 2008 that might have had a material effect on the business of the Parent
Company or on its financial position.
Ali Owaid Rukheyes
Licence No, 72 - A
Memberof the International Group
of Accounting Firms
Nayef M, AI-Bazie
Licence No. 91 - A
Albazie & Co,
Member of RSM International
State of Kuwait
July 28, 2008