Page 9 - Q3 2024 EN

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)
FOR THE PERIOD ENDED SEPTEMBER 30, 2024
(All amounts are in Kuwaiti Dinars)

Attributable to shareholders of the Parent Company
Foreign currency
translation
Foreign adjustments
currencies associated with (Accumulated Non-
Share Share Treasury Statutory Fair value Other translation assets classified as losses) retained controlling
Capital premium Shares reserve reserve reserves adjustments held for sale earnings Sub-total interests Total
Balance as at January 1, 2024 48,474,817 - (1,151,108) 186,270 (11,645,322) 463,988 5,729,070 - (1,681,968) 40,375,747 11,055,152 51,430,899
Profit for the period - - - - - - - - 1,731,504 1,731,504 196,452 1,927,956
Other comprehensive loss for the period - - - - (1,256,419) - (956,947) - - (2,213,366) (25,914) (2,239,280)
Total comprehensive (loss) income for
the period - - - - (1,256,419) - (956,947) - 1,731,504 (481,862) 170,538 (311,324)
Effect of merging with a subsidiary
(Note 3) 4,081,300 - - - - (463,988) (4,340,098) - 10,293,301 9,570,515 (9,570,515) -
Distribution of dividends as free bonus
shares from treasury shares (Note
15) - - 884,427 - - - - - (884,427) - - -
Purchase of treasury shares - - (1,743,317) - - - - - - (1,743,317) - (1,743,317)
Disposal of a subsidiary (Note 6) - - - - - - - - - - (485,989) (485,989)
Balance as at September 30, 2024 52,556,117 - (2,009,998) 186,270 (12,901,741) - 432,025 - 9,458,410 47,721,083 1,169,186 48,890,269

Balance as at January 1, 2023 62,955,982 17,921,560 (1,777) 1,632,430 (6,850,132) 463,988 (14,932,065) 123,564 (9,095,362) 52,218,188 10,918,323 63,136,511
(Loss) profit for the period - - - - - - - - (23,099,517) (23,099,517) 423,200 (22,676,317)
Other comprehensive (loss) income for
the period - - - - (2,384,678) - (1,485,095) 22,276,782 - 18,407,009 (75,712) 18,331,297
Total comprehensive (loss) income for
the period - - - - (2,384,678) - (1,485,095) 22,276,782 (23,099,517) (4,692,508) 347,488 (4,345,020)
Setting off accumulated losses (Note
15) - (9,095,362) - - - - - - 9,095,362 - - -
Distribution of dividends as free bonus
shares from treasury shares - - 508,405 (508,405) - - - - - - - -
Effect of hyperinflation on a subsidiary - - - - - - - - 579,638 579,638 - 579,638
Transferred to foreign currency
translation adjustments relating to
assets classified as held for sale - - - - - - 22,109,018 (22,109,018) - - - -
Purchase of treasury shares - - (1,099,994) - - - - - - (1,099,994) - (1,099,994)
Balance as at September 30, 2023 62,955,982 8,826,198 (593,366) 1,124,025 (9,234,810) 463,988 5,691,858 291,328 (22,519,879) 47,005,324 11,265,811 58,271,135

The accompanying notes (1) to (16) form an integral part of the interim consolidated financial information.

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