5 / 43
AL MAZAYA HOLDING COMPANY K.S.C. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
For the year ended 31 December 201 I
MAZAYI'\
AtM. TO l-£AO
ASSETS
Current assets
Cash and bank balances
Accounts receivable and other debit balances
Murabaha receivable
Properties held for trading
Non-current assets
Available for sale investments
Investment in associates
Investment in joint ventures
Investment properties
Property and equipment
Goodwill
Total assets
LIABILITIES AND EQUITY
LIABILITIES
Current liabilities
Accounts payable and other credit balances
Advances from customers
Bank overdraft
Current portion of long term loan
Wakala and Murabaha payables
Deferred consideration on acquisition of properties
Non current liabilities
Term loan
Provision for end of service indemnity
Total liabilities
Equity
Share capital
Share premium
Other reserves
Fair value reserve
Foreign currency translation reserve
Accumulated losses
Treasury shares
Equity attributable to shareholders
of the
Parent Company
Non-controlling interests
Total equity
Total liabilities and equity
Notes
14
15
16
14
17
18
19
31 December
2011
KD
6
7
23,542,732
20,576,478
31 December
2010
(Restated)
KD
20,483,961
9,685,383
2,609,309
113,402,965
146,181,618
18,406,908
13,263,803
11,054,413
116,921,489
294,720
3,091,732
163,033,065
309,214,683
55,842,100
77,593,436
4,971,120
42,000,000
8,500,000
30,070,031
218,976,687
257,276
257,276
219,233,963
49,947,675
75,714,971
15,989,497
(202,370)
981,425
(42,263,121)
100,168,077
(18,113,786)
82,054,291
7,926,429
89,980,720
309,214,683
31 December
2009
(Restated)
KD
28,180,304
31,531,428
3,223,456
102,844,733
165,779,921
24,713,492
10,414,824
11,737,667
101,852,535
22,796,458
3,091,732
174,606,708
340,386,629
43,192,814
71,642,501
5,073,936
44,970,000
8,500,000
31,464,443
204,843,694
283,952
283,952
205,127,646
49,947,675
75,714,971
19,899,838
56,055
1,478,702
(26,721,665)
120,375,576
(27,189,284)
93,186,292
42,072,691
135,258,983
340,386,629
The accompanying notes set out on pages 9 to 41 form an integral part of these consolidated financial statements.
8
107,372,223
151,491,433
9
10
1 I
12
16,334,617
13,568,654
3,221,917
73,856,672
129,703
3,091,732
110,203,295
261,694,728
13
36,251,242
80,451,988
2,971,842
4,500,000
8,500,000
3,866,170
136,541,242
38,000,000
286,890
38,286,890
174,828,132
64,931,977
79,760,732
15,989,497
327,700
463,648
(58,105,339)
103,368,215
(21,788,181)
81,580,034
5,286,562
86,866,596
261,694,728
3