Notes to the Consolidated Financial Statements
(Thousands of US dollars)
54
Dar Al-Maal Al-Islami Trust
Annual Report 2012
14. Investments in
associates
(continued)
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
2011
Unlisted:
Solidarity Group
Holding B.S.C. (c)
(Bahrain)
247,138 57,790 13,773 2,565
-
34
18
First Leasing Bank
B.S.C. (c) (Bahrain)
113,598 22,363 5,426 (9,431)
-
43
23
CITIC International
Asset Management
Limited (Hong Kong)
401,671 52,329 30,312
20
-
20
11
CIAM-Shamil Asset
Management Company
Limited (Hong Kong)
630
6
380
276
-
50
27
Sanpak Engineering
(Pakistan)
9,646 7,552 1,306
(245)
-
31
17
*Islamic Company for
Production, Printing and
Packing Materials
“Icopack” (Egypt)
25,214 10,584 2,794
751
-
23
12
*Misr Company for
Packing Materials
“Egywrap” (Egypt)
35,138 16,104 6,011 1,294
-
23
12
Faysal Asset
Management
Limited (Pakistan)
3,224
360 1,280
164
-
30
16
*Ithraa Capital
(Saudi Arabia)
18,301
800
440 (1,879)
-
23
12
Naseej B.S.C. (c)
(Bahrain)
296,589
472 4,822 2,233
-
29
15
*Chase Manara
B.S.C. (c) (Bahrain)
5,391
132
207
66
-
40
21
*Islamic Trading
Company E.C.
(Bahrain)
8,453
70
411
(40)
-
24
13
*Emerging Markets
Partnership Bahrain
B.S.C. (c) (Bahrain)
3,148
865 2,517
182
-
40
21
* For some of the associates, published information is not available for
31 December 2011 and therefore the income and profit and loss have been
arrived at by using the last audited financial statements and projecting for
2011. For presentation purposes, the assets and liabilities for these associates,
however, represent the amounts as per the last audited financial statements.
