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N
otes To The Consolidated Financial Statements
AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES
As At 31 December 2016
ANNUAL REPORT
2016
ii) Secondary segment information:
Residential
KD
Level 1
KD
Level 1
KD
Level 3
KD
Level 2
KD
Total
KD
Total
KD
Residential
KD
Commercial
KD
Commercial
KD
Total segment revenue
Total segment assets
Financial assets available-for-sale
Financial assets available-for-sale
Total segment revenue
Total segment assets
Others
KD
Others
KD
Total
KD
Total
KD
49,708,896
106,262,865
60,013
2,022,930
7,203,068
7,146,012
7,263,081
9,168,942
55,308,046
121,397,261
5,463,329
92,060,368
4,510,313
62,262,456
-
56,460,712
-
67,381,970
55,172,225
254,783,945
59,818,359
251,041,687
2016
2016
2015
2015
28. CAPITAL COMMITMENTS
The Group has concluded construction contracts with third parties and is consequently committed to future capital
expenditure in respect of properties under construction amounting to KD 13,191,774 (2015: KD 13,234,883).
The Group has commitments amounting to KD 5,218,925 (2015: KD 7,250,671) to purchase land from a
third party.
29. FAIR VALUES MEASUREMENT
Financial instruments comprise financial assets and financial liabilities
The fair value of financial assets and financial liabilities that are not carried at fair value is not materially
different from their carrying amounts.
The methodologies and assumptions used to determine fair values of assets is described in fair value section
of Note 4: Significant Accounting Policies.
Financial instruments
The Group held the following financial instruments available-for-sale that are fair valued at the reporting date
in the consolidated statement of financial position:
Certain unquoted investments with carrying value of KD 1,863,879 (31 December 2015: KD 1,952,600) are
carried at cost less impairment losses.
119