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AL MAZA
y
A HOLDING COMPANY K.S.c. AND ITS SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(UNAUDITED)
For the period from I January to 30 September 2011
,\lA
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Y A
AIMrOI('Af)
OPERATING ACTIVITIES
(Loss) / profit for the period
Adjustments for:
Net investment income
Share of results of associates
Share of results of joint ventures
Gain on disposal of an associate
Loss on disposal of a joint venture
Impairment losses on available for sale investments
Dilution gain
Provision no longer required
Depreciation and amortization
Foreign currency exchange gain
Murabaha income
Interest income
Finance charges
Provision for end of service indemnity
Nine-month period ended
30 September
30 September
2011
2010
Notes
KD
KD
(4,739,385)
1,314,360
14
(233,965)
(2,546,878)
8
198,347
493,476
517,586
161,183
(546,743)
9
18,061
375,507
2,545,478
(134,620)
(349,901)
213,927
292,810
(226,538)
(184,367)
(75,268)
Cl
09,923)
(103,646)
(284,657)
2,589,652
1,909,915
43,053
31,519
( I,422,669)
2,591,652
(5,990,069)
13,9 I2,845
614,147
3,742,851
(19,023,708)
(5,899,754)
(1,288,746)
11,722,429
3,569,030
(570,954 )
(38,647)
(2,611 )
2,114,141
(198,345)
(1,045,600)
(1 1,062,940)
2,312,407
5,494,330
6,326,429
5,981,939
73,841
461,558
100,000
422,122
865,072
614,147
(24,940)
(4,056,321 )
(600,000)
8,262,719
(2,400,675)
Movements in working capital
Accounts receivable and other debit balances
Murabaha receivable
Properties held for trading
Investment properties
Accounts payable and other credit balances
Deferred consideration on acquisition of properties
End of service indemnity paid
Net cash generated
by /
(used in) operating activities
INVESTING ACTIVITIES
Purchase of available for sale investments
Proceeds from disposal of available for sale investments
Proceed from disposal of investment in an associate
Proceeds from disposal of investment in a joint venture
Interest income received
Dividends received
Murabaha income received
Purchase of property and equipment
Paid against increase in equity holding of a subsidiary
Net cash generated
by /
(used in) investing activities
(Continued)
6