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Al Mazaya Holding Company K.S.C. and its Subsidiaries
NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION
30
June
2013(UNAUDITED)
12
FAIR VALUES OF FINANCIAL INSTRUMENTS (continued)
The following table shows a reconciliation of the opening and closing amount of level 3 financial assets which are recorded
at fair value.
Loss
recorded
ill
the
interim
condensed Loss recorded in
At
consolidated
other
Net purchases,
At
J
January
statement of
comprehensive
sales and
30 June
2013
income
income
settlements
2013
KD
KD
KD
KD
KD
Financial assets available for
sale:
Equity securities
2,555,187
289,052
2,844,239
Managed portfolio
7,606,660
(344,388)
(96,140)
(211,984)
6,954,148
Loss
recorded in the
interim
condensed Gain recorded in
At
consolidated
other
Net purchases,
At
1 January
statement of
comprehensive
sales and
30June
2012
income
income
settlements
2012
KD
KD
KD
KD
KD
Financial assets available for
sale:
Equity securities
4,626,679
(920,405)
(239,997)
3,466,277
Managed portfolio
9,774,316
(580,770)
(28,130)
(1,565,293)
7,600,123
13 COMPARATIVE INFORMATION
Certain prior year amounts relating to 30 June 2012 have been reclassified to conform to current period and 31 December
2012 presentation. This reclassification pertains to accounts receivable and other debit balances being set-off against
advances from customers by KD 6,419,729 and transfer ofKD 664,536 from accounts receivable and other debit balances
to accounts payable and other credit balances. The effect of these reclassifications is summarized as follows:
30 June 2012
Statement of financial position:
Accounts receivable and other debit balances
Advances from customers
Accounts payable and other credit balances
As previously
reported
KD
11,191,776
73,674,831
20,777,827
After
reclassific-
Reclassift-
cation
ation
KD
(5,755,193)
(6,419,729)
664,536
KD
5,436,583
67,255,102
21,442,363
The above reclassification did not have any effect on the consolidated statement of income, comprehensive income or
retained earnings as at 30 June 2012. Such reclassification has been made to improve the quality of information presented.
IS