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 (All amounts are in Kuwaiti Dinars) OF ACHIEVEMENTS The following table demonstrates the sensitivity to a reasonably possible change in the foreign exchange rate between foreign currencies used by the group and Kuwaiti Dinar. Equity price risk Equity price risk is the risk that fair values of equity instruments decrease as the result of changes in level of equity indices and the value of individual stocks. To manage such risks, the Group diversifies its investments in different sectors within its investment portfolio and are continuously monitored. The following table demonstrates the sensitivity to a reasonably possible change in equity indices as a result of change in the fair value of these equity instruments, to which the Group had significant exposure as of the reporting date: ±16,613 ±284,061 ±187,906 ±488,580 ±1,245,270 ±346,796 ±177,488 ±1,769,554 ±2,407 - 2019 2018 2019 2018 Increase (decrease) against Kuwaiti Dinar Increase (decrease) against Kuwaiti Dinar Change in equity instrument price Change in equity instrument price Effect on consolidated statement of profit or loss Effect on consolidated statement of profit or loss Effect on consolidated statement of profit or loss Effect on consolidated statement of profit or loss 5% ± 5% ± 5% ± 5% ± 5% ± 5% ± 5% ± 5% ± United Arab Emirates Dirham Turkish Lira Omani Riyal Total United Arab Emirates Dirham Turkish Lira Omani Riyal Total Market indices Boursa Kuwait Market indices Boursa Kuwait e)