Page 9 - Q1 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 MARCH 31, 2024
(All amounts are in Kuwaiti Dinars)

Attributable to shareholders of the Parent Company
Foreign
currency
translation
adjustments
Foreign associated with (Accumulated
currencies assets losses) Non-
Share Share Treasury Statutory Fair value Other translation classified as 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 - - - - - - - - 1,260,641 1,260,641 198,819 1,459,460
Other comprehensive (loss) income for the period - - - - (156,200) - (660,710) - - (816,910) 7,265 (809,645)
Total comprehensive (loss) income for the period - - - - (156,200) - (660,710) - 1,260,641 443,731 206,084 649,815
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) -
Purchase of treasury shares - - (707,875) - - - - - - (707,875) - (707,875)
Disposal of a subsidiary (note 6) - - - - - - - - - - (485,989) (485,989)
Balance as at March 31, 2024 52,556,117 - (1,858,983) 186,270 (11,801,522) - 728,262 - 9,871,974 49,682,118 1,204,732 50,886,850

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
Profit (loss) for the period - - - - - - - - 194,816 194,816 (10,806) 184,010
Other comprehensive (loss) income for the period - - - - (1,205,902) - (1,735,984) 26,512 - (2,915,374) (72,377) (2,987,751)
Total comprehensive (loss) income for the period - - - - (1,205,902) - (1,735,984) 26,512 194,816 (2,720,558) (83,183) (2,803,741)
Setting off accumulated losses (Note 15) - (9,095,362) - - - - - - 9,095,362 - - -
Transferred to foreign currency translation
adjustments relating to assets classified as
held for sale - - - - - - 22,109,018 (22,109,018) - - - -
Purchase of treasury shares - - (156,471) - - - - - - (156,471) - (156,471)
Balance as at March 31, 2023 62,955,982 8,826,198 (158,248) 1,632,430 (8,056,034) 463,988 5,440,969 (21,958,942) 194,816 49,341,159 10,835,140 60,176,299

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

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