Annual report eng.2018

N otes To The Consolidated Financial Statements AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES As At 31 December 2018 102 ANNUAL REPORT 2018 (All amounts are in Kuwaiti Dinars) Classification of financial assets and financial liabilities on the date of initial application of IFRS 9 The following table shows reconciliation of original measurement categories and carrying value in accordance with IAS 39 and the new measurement categories under IFRS 9 for the Group’s financial assets and financial liabilities as at January 1, 2018: 10,931,750 21,945,575 1,833,959 6,474,108 41,185,392 3,104,626 18,869,959 11,066,215 81,053,559 114,094,359 Amortized cost Amortized cost Financial assets at fair value through profit or loss Financial assets at fair value through other comprehensive income Amortized cost Amortized cost Amortized cost Amortized cost Loans and receivables Loans and receivables Financial assets available for sale Financial assets available for sale Amortized cost Amortized cost Amortized cost Amortized cost 10,931,750 14,741,878 867,802 6,474,108 33,015,538 3,104,626 18,869,959 11,066,215 81,053,559 114,094,359 Original carrying amount under IAS 39 New classification under IFRS 9 Original classification under IAS 39 Financial assets Cash and cash equivalents Accounts receivable and other debit balances Equity Instruments Equity Instruments Total financial assets Financial liabilities: Advances from customers Accounts payables & other credit balances Term loans Tawarruq and Ijara payable Total financial liabilities New carrying amount under IFRS 9