Notes to the Consolidated Financial Statements
(Thousands of US dollars)
55
Dar Al-Maal Al-Islami Trust
Annual Report 2013
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
2012
Unlisted:
Solidarity Group
Holding B.S.C. (c)
(Bahrain)
373,420 85,036 18,205 82,952
-
34
18
First Leasing Bank
B.S.C. (c) (Bahrain)
99,452 11,918 3,039 (3,072)
-
43
23
CITIC International
Asset Management
Limited (Hong Kong)
381,919 19,810 21,509 12,240
-
20
11
CIAM-Shamil Asset
Management Company
Limited (Hong Kong)
630
6
-
-
-
50
27
Sanpak Engineering
(Pakistan)
8,933 6,994
-
-
-
31
17
*Islamic Company for
Production, Printing and
Packing Materials
“Icopack” (Egypt)
66,083 51,709 24,197
689
-
23
12
*Misr Company for
Packing Materials
“Egywrap” (Egypt)
32,423 9,476 17,970 1,372
-
23
12
Faysal Asset
Management
Limited (Pakistan)
2,653
277
568
(210)
-
30
16
*Ithraa Capital
(Saudi Arabia)
20,009
877 3,515 1,264
-
23
12
Naseej B.S.C. (c)
(Bahrain)
300,053 1,487
-
-
-
29
15
*Chase Manara
B.S.C. (c) (Bahrain)
5,428
58
223
111
-
40
21
*Islamic Trading
Company E.C.
(Bahrain)
8,504
74
377
46
-
24
13
*Emerging Markets
Partnership Bahrain
B.S.C. (c) (Bahrain)
2,054
833 1,101
(160)
-
40
21
* For some of the associates, published information is not available for
31 December 2012 and therefore the income and profit and loss have
been arrived at by using the last available audited financial statements. For
presentation purposes, the assets and liabilities for these associates, however,
represent the amounts as per the last audited financial statements.
