Annual report eng.2018

90 ANNUAL REPORT 2018 5,972,008 248,746 )311,207( )1,190,147( 1,587,171 )37,364( )58,796( )1,089,975( )2,717,880( 201,426 349,813 212,862 4,873,121 8,039,778 2,818,620 )8,287,842( )604,871( )1,886,837( 78,848 )42,803( 36,045 1,922,716 )800( - 11,024 )4,681( )1,325,476( 164,766 )469,636( - 738,911 1,036,824 8,560,922 209,917 )339,582( - 594,139 )2,000,000( )2,379,486( )248,480( )5,242,918( - 255,479 342,996 4,275,691 4,028,678 )700,228( 33,079,957 )3,260,805( )24,684,631( 8,462,971 )119,709( 8,343,262 2,161,737 - 517,078 - - )231,934( - )123,614( 275,153 358,300 2,956,720 Cash flows from operating activities: Profit for the year before contribution Kuwait Foundation for the Advancement of Sciences (KFAS), National Labor Support Tax (NLST), Zakat and Board of Directors’ remuneration Adjustments: Depreciation Share of results from an associate Share of results from a joint venture Provision for doubtful debts Provisions no longer required 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 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 operations Employees’ end of service indemnity paid Net cash flows generated from operating activities Cash flows from investing activities: Decrease in restricted cash balances Paid for investment in a joint venture Proceeds from sale of financial assets available for sale 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 Proceeds from sale of a portion in a subsidiary Cash dividend received Net cash flows generated from investing activities C onsolidated Statement of Cash Flow AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES As At 31 December 2018 The accompanying notes (1) to (33) form an integral part of the consolidated financial statements. (All amounts are in Kuwaiti Dinars) 2018 2017