Annual report eng.2019

N otes To The Consolidated Financial Statements AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES As At 31 December 2019 123 (All amounts are in Kuwaiti Dinars) ANNUAL REPORT 2019 Revenue Cost of revenue Change in fair value of investment properties Share of result from associate and joint venture Impairment loss on properties held for trading General and administrative & selling and marketing expenses Net other income (expenses) Finance cost Others Segment (loss) profit Total segment assets Total segment liabilities 27. Capital Commitments Capital commitments contracted for as of December 31, 2019 representing in properties held for trading under construction amounting to KD Nil (2018 – KD 6,798,339). 28. Segment reporting For management purposes, the Group is divided into four main geographical segments that are: State of Kuwait, United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Turkey in addition to other segments, where the Group performs its main activities in the real estate segment. There is no income generating transactions between the Group’s segments. 2019 Kuwait UAE Turkey KSA Others Total 5,076,602 )729,496( )291,604( 634,359 - )2,786,404( 158,706 )3,871,560( 224,695 )1,584,702( 114,216,072 108,545,643 19,395,870 )19,839,814( )168,668( - )2,470,542( )1,402,588( )1,044,739( )719,996( - )6,250,477( 65,953,878 12,592,755 804,470 )177,229( )23,613( - - )15,622( )223,803( - 364,203 15,803,922 288,640 1,205,545 )1,112,126( )281,023( - - )220,918( 201,299 )613,209( - )820,432( 14,053,919 7,836,710 1,380,689 )818,199( )4,266( - - )181,570( )375,561( )363,111( - )362,018( 19,310,646 7,099,039 27,863,176 )22,676,864( )769,174( 634,359 )2,470,542( )4,607,102( )1,284,098( )5,567,876( 224,695 )8,653,426( 229,338,437 136,362,787