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AL-MAZAYA HOLDING COMPANY - K.S.C. (PUBLIC) AND ITS SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2023
(All amounts are in Kuwaiti Dinar)

22. Basic and diluted (loss) earnings per share
The information necessary to calculate basic and diluted (loss) earnings per share based on the weighted average
number of shares outstanding during the period is as follows:

For the three months ended For the six months ended
June 30, June 30,
2023 2022 2023 2022
(Audited) (Restated) (Audited) (Restated)
(Loss) profit for the period attributable to equity
holders of the Parent Company from Continuing
operations (2,296,616) 206,280 (2,281,359) 249,277
(Loss) profit for the period attributable to equity
holders of the Parent Company from Discontinued
operations (22,722,956) 4,152 (22,543,397) 165,404

(Loss) profit for the period attributable to equity
holders of the Parent Company (25,019,572) 210,432 (24,824,756) 414,681

Number of shares outstanding:
Number of issued shares at the beginning of the
period 629,559,816 629,559,816 629,559,816 629,559,816
Less: Weighted average number of treasury shares
including capital reduction (10,809,440) (5,600) (5,735,151) (5,600)
Weighted average number of shares outstanding 618,750,376 629,554,216 623,824,665 629,554,216

Basic and diluted (loss) earnings per share
attributable to shareholders of the Parent Company
from Continuing operations (3.71) 0.32 (3.66) 0.40
Basic and diluted (loss) earnings per share
attributable to shareholders of the Parent Company
from Discontinued operations (36.73) 0.01 (36.13) 0.26
Basic and diluted (loss) earnings per share (40.44) 0.33 (39.79) 0.66

As there are no dilutive instruments outstanding, basic and diluted (loss) earnings per share are identical.

23. Related party disclosures
The Group has entered into various transactions with related parties, i.e. Major shareholders, Board of directors,
executives of the group, key management personnel, associate, entities under common control and other related
parties. Prices and terms of payment are approved by the Group's management. Significant related party transactions
and balances are as follows:

Balances included in consolidated statement of financial position:

Key June 30, December 31,
management 2023 2022 June 30,
personnel (Audited) (Audited) 2022
Accounts payable and other credit
balances 36,898 36,898 2,073 6,180
Lease liabilities (a) 6,674,947 6,674,947 3,244,238 3,388,327

Amounts due from / to related parties are interest free and are receivable or payable on demand.

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