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ANNUAL REPORT
2015
Notes to The Consolidated Financial Statement
AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
31 December 2015
Statement of financial position and statement of income of joint venture:
The following amounts are included in the consolidated financial statements as a result of the proportionate consolidation
of Villa-492 Project:
During the year ended 31 December 2015, the Group has disposed its investment in joint ventures Villa-492 Project
which was accounted using proportionate consolidation method and Al-Wahda Real Estate Investment Limited which
was accounted for using equity accounting method resulting in a gain with total amount of KD 883,165 recognised in the
consolidated statement of income.
2015
KD
2015
KD
48,250,203
)41,045,551(
7,204,652
2,881,861
302,301
)57,583(
)23,033(
-
-
-
-
Asset
Liabilities
Net assets
Group's share of net assets
Revenues
(loss) Profit for the year
Group's share of results
Current assets
Current liabilities
Income
Expenses
2014
KD
2014
KD
49,392,569
(40,135,529)
9,257,040
3,702,816
3,160,078
863,150
345,260
923,136
429,842
13,438
(12,752)
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