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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)

25. Segment reporting
For management purposes, the Group is divided into four main geographical segments that are: State of Kuwait, United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Turkey
in addition to other segments, where the Group performs its main activities in the real estate segment. The Group’s segment in the Kingdom of Saudi Arabia was reclassified to assets
and liabilities classified as held for sale and discontinued operations (Note 7). There is no income generating transactions between the Group’s segments.

Six months period ended June 30, 2023 (Audited) Six months period ended June 30, 2022
Kuwait UAE KSA Turkey Others Total Kuwait UAE KSA Turkey Others Total
Segment revenue
from continuing
operations 6,155,669 1,040,663 - - 248,184 7,444,516 5,110,315 1,545,332 - - 245,328 6,900,975
Segment revenue
from
discontinued
operations - - 393,439 135,477 - 528,916 - - 390,412 98,672 - 489,084
Segment (loss)
profit from
continuing
operations (2,794,841) 132,047 - - 362,041 (2,300,753) 72,023 516,954 - - (12,693) 576,284
Segment profit
(loss) from
discontinued
operations - - 47,263 (22,585,383) - (22,538,120) - - 259,097 (64,955) - 194,142

As at June 30, 2023 (Audited) As at June 30, 2022
Kuwait UAE KSA Turkey Others Total Kuwait UAE KSA Turkey Others Total
Total segment
assets 113,243,460 44,778,513 15,192,441 - 12,796,843 186,011,257 104,000,440 70,503,518 15,628,555 6,377,517 15,496,061 212,006,091
Total segment
liabilities 118,415,312 5,691,015 243,358 - 4,802,816 129,152,501 124,347,781 5,077,293 253,078 449,202 4,804,781 134,932,135

At 31 December 2022 (Audited)
Kuwait UAE KSA Turkey Others Total
Total segment assets 108,887,134 59,660,541 15,154,762 5,328,013 14,081,767 203,112,217
Total segment liabilities 130,076,346 4,515,178 248,285 352,012 4,783,885 139,975,706

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