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ANNUAL REPORT
2016
N
otes To The Consolidated Financial Statements
AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES
As At 31 December 2016
The following table shows a reconciliation of the opening and closing amount of level 3 assets which are recorded
at fair value:
Description of significant unobservable inputs to valuation of financial assets:
Managed portfolio and funds have been valued based on Net Asset Value (NAV) provided by the custodian of the
fund. The information relating to valuation techniques and significant unobservable inputs to valuation to compute
the sensitivity of the fair value measurement to changes in unobservable inputs in not available.
Non-financial assets
Investment properties were classified under level 2 and level 3 fair value hierarchy as follows:
At 1 January
2016
KD
At 1 January
2015
KD
Reclassification
from level 1 to
level 3
KD
Loss
recorded in the
consolidated
statement of
income
KD
Loss
recorded in the
consolidated
statement of
income
KD
Gain recorded
in other
comprehensive
income
KD
Loss recorded
in other
comprehensive
income
KD
Net purchases,
sales and
settlements
KD
Net purchases,
sales and
settlements
KD
At
31 December
2016
KD
At
31 December
2015
KD
Financial assets available for
sale:
Funds and managed portfolio
Financial assets available for
sale:
Funds and managed portfolio
7,146,012
7,413,632
1,961,956 )148,672(
)16,708(
92,046
)250,912(
)1,848,274(
-
7,203,068
7,146,012
Level 2
KD
Level 2
KD
Level 3
KD
Level 3
KD
Total
KD
Total
KD
Investment properties
Investment properties
20,973,946
50,553,670
108,313,029
64,452,915
129,286,975
115,006,585
2016
2015
120