Page 5 - FS-EN-Q2-30-06-2022

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

For the three months ended For the six months ended
June 30, June 30,
Note 2022 2021 2022 2021
Continuing operations:
Revenue:
Revenue from sale of properties held for trading 571,229 170,117 571,229 410,786
Rental income 2,604,936 2,332,394 5,128,828 4,632,781
Medical services income 301,997 842,164 1,163,527 842,164
Net management fees and commission income 64,179 77,402 136,063 150,223
Total revenue 3,542,341 3,422,077 6,999,647 6,035,954

Costs:
Cost of sale of properties held for trading (469,284) (148,584) (469,284) (400,327)
Cost of rental (508,299) (534,803) (959,408) (1,053,562)
Cost of medical services (293,240) (589,634) (932,106) (589,634)
Total costs (1,270,823) (1,273,021) (2,360,798) (2,043,523)

Gross profit 2,271,518 2,149,056 4,638,849 3,992,431

Share of results from an associate 5 10,374 - 10,374 -
Selling and marketing expenses (41,011) (27,694) (72,181) (40,578)
General and administrative expenses (809,454) (859,977) (1,617,387) (1,646,478)
Depreciation (48,948) (37,662) (114,839) (57,095)

Operating profit 1,382,479 1,223,723 2,844,816 2,248,280

Gain on disposal of a subsidiary 5 464,435 - 464,435 -
Net monetary gain 8 171,005 - 171,005 -
Net profit (loss) of financial assets 24,555 (8,660) 7,741 (15,057)
Net other (expenses) income 9 (333,819) 3,456 (426,134) 118,921
Amortization of finance costs related to lease liabilities (233,165) (152,223) (375,352) (308,729)
Finance costs (1,136,093) (1,035,433) (2,175,182) (2,037,391)
Profit for the period from continuing operations 339,397 30,863 511,329 6,024
Profit for the period from discontinued operations 121,587 78,333 259,097 200,943
Profit for the period 460,984 109,196 770,426 206,967

Attributable to:
Shareholders of the Parent Company 189,192 42,584 371,538 84,233
Non-controlling interests 271,792 66,612 398,888 122,734
460,984 109,196 770,426 206,967

Earning (loss) per share attributable to shareholders of
the Parent Company:
Continuing operations:
Basic and diluted earnings (loss) per share attributable
to the shareholders of the Parent Company (Fils) 10 0.13 (0.04) 0.22 (0.15)
Discontinued operations:
Basic and diluted earnings per share attributable to the
shareholders of the Parent Company (Fils) 10 0.17 0.11 0.37 0.28

Total Basic and diluted earnings per share attributable
to the shareholders of the Parent Company (Fils) 10 0.30 0.07 0.59 0.13

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

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