10 / 43
AL MAZAYA HOLDING COMPANY K.S.c. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF CASH FLOWS
For the year ended 31 December 2011
MAZAYA
A!M,lOl.t:AQ
FINANCING ACTIVITIES
Bank overdrafts
Term loans
Issuance of share capital
Purchase of treasury shares
Finance charges paid
Dividends paid
Proceeds from disposal of treasury shares
Movement in non-controlling interests
Net cash used in financing activities
Net increase / (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of the year
Cash and cash equivalents at end of the year
NON-CASH TRANSACTIONS:
INVESTING ACTIVITIES
Transfer of properties held for trading to investment properties
Deferred consideration on disposal of a joint venture
Adjustment of investment property by transfer from deferred
consideration
Adjustment of investment property by transfer to accounts
receivable
FINANCING ACTIVITIES
Increase in share capital against advance subscriptions received
Increase in share premium against advance subscriptions received
31 December
2011
Notes
KD
(1,999,278)
14
500,000
17
4,219,377
(3,674,395)
(3,409,445)
(69,907)
(4,433,648)
6,444,069
8,484,245
6
14,928,314
8
801,770
11
1,474,830
12
24,205,675
12
8,333,034
34,815,309
14,810,686
4,045,761
18,856,447
31 December
2010
(Restated)
KD
(102,816)
(2,970,000)
(759,281)
(2,670,351)
1,978,267
(31,921,666)
(36,445,847)
(1,555,567)
10,039,812
8,484,245
The accompanying notes set out on pages 9 to 41 form an integral part of these consolidated financial statements.
8