Annual report eng.2019

OF ACHIEVEMENTS )8,653,426( 209,642 )46,490( )587,869( 840,706 )1,075,524( 2,470,542 )540,539( 769,174 - 176,798 97,880 315,844 5,567,876 )455,386( )3,713,856( 12,336,911 )4,346,479( )532,132( 3,289,058 )68,521( 3,220,537 )1,408,833( - 170,915 - )518,579( - )20,518( 557,220 )1,219,795( 5,972,008 248,746 )311,207( )1,190,147( 1,587,171 )37,364( )58,794( )1,089,975( )2,717,880( 201,426 349,813 212,862 - 4,873,121 8,039,780 2,818,620 )8,287,844( )1,994,435( )1,886,837( )1,310,716( )42,803( )1,353,519( 1,160,270 )800( 11,024 )4,681( )1,325,476( 164,766 )469,636( 738,911 274,378 Cash flows from operating activities: (Loss) profit for the year before contribution Kuwait Foundation for the Advancement of Sciences (KFAS), National Labor Support Tax (NLST), Zakat Adjustments: Depreciation Share of results from an associate Share of results from a joint venture Allowance for expected credit losses Allowance for expected credit losses no longer required Impairment loss (reversal) of impairment loss on properties held for trading Net investment income Change in fair value of investment properties Loss from sale of investment properties Provision for employees’ end of service indemnity Provision for employees’ stock option plan Amortization of finance cost related to lease liabilities Finance costs Change in operating assets and liabilities: Accounts receivable and other debit balances Properties held for trading Accounts payable and other credit balances Advances from customers Cash flows generated from (used in) operations Employees’ end of service indemnity paid Net cash flows generated from (used in) operating activities Cash flows from investing activities: (Increase) decrease in restricted cash balances Paid for investment in a joint venture Proceeds from sale of financial assets at fair value through profit or loss Advances for purchase of properties Paid for investment properties Proceeds from sale investment properties Purchase of property, plant and equipment Cash dividend received Net cash flows (used in) generated from investing activities C onsolidated Statement of Cash Flow AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES As At 31 December 2019 The accompanying notes (1) to (31) form an integral part of the consolidated financial statements. (All amounts are in Kuwaiti Dinars) 2019 2018