Mazaya Financial Oct.2018

JUNE 2018 FINANCIAL POSITION ASSETS Non Current Assets % Q2 2018 KD (mn) Q2 2017 KD (mn) Cash and cash Bank balances 3 % 7 10 Investment properties 59 % 130 128 Properties held for trading 15 % 34 57 Investment in joint ventures & associates 5 % 10 10 Financial assets @FV(P&L/CI) 3 % 7 9 Advances to purchase properties 7 % 15 10 Accounts receivable & Other debit balances 7 % 15 17 Others 1 % 3 3 Total Assets 100 % 221 242 Liabilities % Q2 2018 KD (mn) Q2 2017 KD (mn) Tawarruq & Ijara Payable 77% 87 84 Term Loans 8% 9 11 Advance from customers 2% 3 12 Accounts payable and other credit balances 12% 13 18 Others 1% 1 1 Total liabilities 100 % 113 126 Equity % Q2 2018 KD (mn) Q2 2017 KD (mn) Share capital 70% 69 69 Net Reserves 25 % 24 26 Retained earnings 5% 5 14 Equity to Parent Company 100 % 98 107 Non-controlling interests 10 10 Total Equity 108 117 Total Equity & Liabilities 221 242 10 • 81% Operational Assets • Diversified Pool of assets: - Location - Sector / Segment - Project Type • Debt ratio within real estate Peers • D/E Lower Than 100% • Equity after distributing K.D 5mm