Page 10 - FS-EN-Q2-30-06-2022

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
FOR THE PERIOD ENDED JUNE 30, 2022
(All amounts are in Kuwaiti Dinars)

For the six months ended
June 30
Notes 2022 2021

Net decrease in cash and cash equivalent (2,151,483) (472,164)
Cash related to established subsidiary - 500,000
Cash related to disposed subsidiary 5 (139,269) -
Foreign currency translation adjustments 28,126 (241,955)
Cash and cash equivalent at the beginning of the period 3 6,412,811 6,389,737
Cash and cash equivalent at the end of the period 3 4,150,185 6,175,618

Non-cash transactions:
Accounts receivable and other debit balances (200,000) -
Property, plant and equipment (152,031) (675,000)
Investment properties (18,163,376) -
Accounts payable and other credit balances 3,527,031 675,000
Islamic bank facilities 4 6,000,000 -
Lease liabilities 8,788,376 -
Disposal of a subsidiary 200,000 -
- -

The accompanying notes (1) to (15) form an integral part of the interim consolidated financial information.

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