Page 14 - Mazaya Holding_FS_E_Q3_2021

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
NOTES TO INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
SEPTEMBER 30, 2021
(All amounts are in Kuwaiti Dinars)

Diluted earnings (loss) per share:
Diluted earnings (loss) per share is calculated adjusting the weighted average number of ordinary shares outstanding
to assume allotment of all dilutive potential ordinary shares, and to adjust the profit (loss) for the period with the assumed
effect of those potential dilutive shares had they been issued.

The information necessary to calculate diluted earnings (loss) per share are as follows:

For the three months ended For the nine months ended
September 30, September 30,
2021 2020 2021 2020
Loss for the period attributable to equity
holders of the Parent Company from
Continuing operations (17,402) (435,243) (113,832) (5,214,051)
Profit (Loss) for the period attributable to
equity holders of the Parent Company
from Discontinued operations 81,369 118,101 262,032 (52,687)
Profit (Loss) for the period attributable to
equity holders of the Parent Company 63,967 (317,142) 148,200 (5,266,738)

Weighted average shares adjusted for
dilution effect:
Weighted average number of shares
outstanding used in calculating basic
earnings per share 629,554,216 628,641,687 629,478,360 627,861,563
Adjustment for share options - 606,843 - 606,843
Weighted average number of shares for
diluted earnings per share 629,554,216 629,248,530 629,478,360 628,468,406

Diluted loss per share attributable to
shareholders of the Parent Company
from Continuing operations - Fils (0.03) (0.69) (0.18) (8.30)
Diluted earnings (loss) per share
attributable to shareholders of the
Parent Company from Discontinued
operations - Fils 0.13 0.19 0.42 (0.08)
Total diluted earnings (loss) per share
attributable to shareholders of the
Parent Company – Fils 0.10 (0.50) 0.24 (8.38)

9. Related party disclosures
The Group has entered into various transactions with related parties, i.e. key management personnel, entities under
common control and other related parties. Prices and terms of payment are to be approved by the Group's
management. Significant related party transactions and balances are as follows:

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