56 / 95
ANNUAL REPORT
2015
9,142,128
122,112
1,199,949
)202,728(
)1,628,667(
)2,928,815(
)2,003,838(
)1,591,387(
)55,302(
2,539,603
31,892
286,242
-
4,911,189
)10,361,448(
)4,317,244(
)4,349,027(
10,994,179
)3,122,351(
)77,445(
)3,199,796(
)3,999,840(
)381,586(
)5,890,258(
)3,702,816(
3,079,179
1,244,833
7,469,884
)16,817,022(
-
2,793,215
437,874
287,019
104,381
55,302
)15,319,835(
8
9,10
9
13
23
24
8
9
9
12
10
23
2015
KD
2014
KD
Notes
OPERATING ACTIVITIES
Profit for the year before contribution for directors’ remuneration,
KFAS, Zakat and NLST
Adjustments to reconcile profit to net cash flows:
Depreciation
Net change in fair value of investment properties
Loss (gain) on disposal of investment properties
Share of results from joint venture and associate
Gain on disposal of joint venture and associate
Write back of impairment loss on properties held for trading
Net investment income
Finance income
Finance costs
Foreign exchange (gain) loss
Provision for employees’ end of service benefits
Provision for employees’ stock option plan
Working capital adjustments:
Properties held for trading
Accounts receivable and other debit balances
Accounts payable and other credit balances
Advances from customers
Cash flows from (used in) operations
Employees’ end of service benefits paid
Net cash flows from (used in) operating activities
INVESTING ACTIVITIES
Decrease (increase) in restricted cash balances
Purchase of property and equipment
Addition to investment properties
Investment in joint venture
Proceeds from disposal of investment properties
Movement in current account with joint venture
Proceeds from sale of financial assets available for sale
Advances for purchase of properties
Proceeds from disposal of a joint venture
Proceeds from partial disposal of an associate
Proceeds from partial disposal of a subsidiary
Dividend received from an associate
Dividend income received
Finance income received
Net cash flows used in investing activities
10,021,310
139,083
)817,386(
12,293
)128,125(
)883,165(
)1,411,010(
)11,413(
)32,890(
3,450,440
)6,540(
148,202
268,693
10,749,492
28,509,100
)174,785(
6,603,779
)37,070,525(
8,617,061
-
8,617,061
104,481
)186,296(
)20,234,071(
)912,000(
217,183
-
2,779
659,975
385,063
-
-
-
127,075
32,890
)19,802,921(
Consolidated Statement of Cash Flow
AL MAZAYA HOLDING K.S.C.P. AND ITS SUBSIDIARIES
For the year ended 31 December 2015
The attached notes 1 to 31 form part of these consolidated financial information.
52