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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(Thousands of US dollars)
14. Investments in
associates
(continued)
57
Dar Al-Maal Al-Islami Trust
Annual Report 2011
The summarised financial information of the Group’s principal associates is as
follows:
Name and Country of
Published ---------% holding---------
incorporation
Assets
Liabilities
Income
Profit/(loss) price quotation Subsidiary
Group
2010
Unlisted:
Solidarity Group
Holding B.S.C. (c)
(Bahrain)
276,915 79,627 10,134 (10,973)
-
34
18
First Leasing Bank
B.S.C. (c) (Bahrain)
147,535 46,868 6,505 (3,508)
-
35
19
CITIC International
Asset Management
Limited (Hong Kong)
423,403 50,106 55,690 29,643
-
20
11
CIAM-Shamil Asset
Management Company
Limited (Hong Kong)
488
348
532
327
-
50
27
Sanpak Engineering
(Pakistan)
9,720 7,396
653
(115)
-
31
17
*Islamic Company for
Production, Printing and
Packing Materials
“Icopack” (Egypt)
21,303 7,541 10,395 1,884
-
23
12
*Misr Company for
Packing Materials
“Egywrap” (Egypt)
31,293 10,289 19,629 2,335
-
23
12
Faysal Asset
Management
Limited (Pakistan)
3,896
780 1,000
180
-
30
16
*Ithraa Capital
(Saudi Arabia)
20,664
648
356 (2,062)
-
23
12
Naseej B.S.C. (c)
(Bahrain)
294,641
324 9,650 6,689
-
29
15
*Chase Manara
B.S.C. (c) (Bahrain)
5,207
24
90
(95)
-
40
21
*Islamic Trading
Company E.C.
(Bahrain)
8,588
68
620
241
-
24
13
*Emerging Markets
Partnership Bahrain
B.S.C. (c) (Bahrain)
2,880
899 5,163
336
-
40
21
* For some of the associates, published information is not available for
31 December 2010 and therefore the income and profit and loss have been
arrived at by using the last audited financial statements and projecting for 2010.
For presentation purposes, the assets and liabilities for these associates,
however, represent the amounts as per the last audited financial statements.