Financial Quarterly Reports 2011

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AL MAZAYA HOLDING COMPANY K.S.c. AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2011
MAZ.AYA
AIM10ltAO
16. DEFFERED CONSIDERATION ON ACQUISITION OF PROPERTIES
2011 2010 2009
KD KD KD
Balance at the beginning of the year 30,070,031 31,464,443 34,007,819
Consideration paid during the year (491,163) (996,795) (3,582,792)
Adjustments (25,712,698)
Foreign currency transaction adjustments (397,6172 1,039,416
Balance at the end of the year 3,866,170 30,070,031 31,464,443
Adjustments represent a transfer of KD 24,205,675 to investments properties as explained in note 12 and a
transfer ofKD 1,507,023 to accounts payable and other credit balances.
17. SHARE CAPITAL
During the year, the Parent Company completed the issuance of shares pertaining to subscriptions received in
advance during the year 20 10.
Share capital consists of 649,319,770 authorised and issued shares of 100 fils each (2010: 499,476,750
authorised and issued shares of 100 fils each, 2009: 499,476,750 authorised and issued shares of 100 Fils
each) fully paid in cash.
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