Annual report eng.2018

87 ANNUAL REPORT 2018 2018 2017 Note Revenue: Revenue from sale of properties held for trading Rental Income Net management fees and commission income Total revenue Cost of revenue: Cost of sale of properties held for trading Cost of rental Cost of revenue Gross profit Change in fair value of investment properties Loss on sales of investment properties Share of results from an associate Share of results from joint venture Selling and marketing expenses General and administrative expenses Reversal of impairment loss on properties held for trading Operating Profit Net investment income Net other income (expenses) Finance costs Profit for the year before contribution to Kuwait Foundation for the Advancement of Sciences (KFAS), National Labor Support Tax (NLST), Zakat and Board of Directors’ remuneration KFAS NLST Zakat Board of Directors’ remuneration Net Profit for the year Attributable to: Shareholders of the Parent Company Non-controlling interests Net profit for the year Earnings per share attributable to shareholders of the Parent Company: Basic earnings per share attributable to shareholders of the Parent Company – (Fils) Diluted earnings per share attributable to shareholders of the Parent Company – (Fils) 22 22 12 10 11 6 23 24 27 25 25 The accompanying notes (1) to (33) form an integral part of the consolidated financial statements. 13,576,215 8,384,650 95,233 22,056,098 (10,985,182) (1,631,770) (12,616,952) 9,439,146 2,717,880 (201,426) 311,207 1,190,147 (708,711) (5,089,435) 58,794 7,717,602 1,089,975 2,037,552 (4,873,121) 5,972,008 (5,653) (121,860) (11,177) - 5,833,318 5,103,588 729,730 5,833,318 8.17 8.10 60,831,419 7,596,171 182,656 68,610,246 (56,733,970) (1,732,210) (58,466,180) 10,144,066 5,242,918 - 339,582 - (135,814) (4,683,130) 2,379,486 13,287,108 248,480 (698,975) (4,275,691) 8,560,922 (30,038) (61,104) (683) (185,000) 8,284,097 7,221,973 1,062,124 8,284,097 11.60 11.50 (All amounts are in Kuwaiti Dinars) Consolidated statement of Profit or Loss AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES For the year ended 31 December 2018