Notes to the Consolidated Financial Statements
(Thousands of US dollars)
75
Dar Al-Maal Al-Islami Trust
Annual Report 2013
38. Concentration of
assets and liabilities
Assets and liabilities of the Group are located in the following geographical
regions and industry sectors:
Asia/
Middle
North
Geographical regions
Pacific
East
Europe America Others
Total
At 31 December 2013
Cash and cash equivalents
282,887
473,625 157,119 66,629 5,724 985,984
Due from Islamic institutions
-
118,001
-
-
-
118,001
Trading securities
82,482
181
-
-
-
82,663
Investments in financings
1,813,610
57,176 116,457 6,975 92,408 2,086,627
Investment securities
1,012,998
160,814
5,084 1,639
- 1,180,535
Accounts receivable
44,969
36,926 68,324 14,734
5 164,958
Current tax receivable
35,834
34
33
-
-
35,901
Investment property
10,994
215,468 108,452
-
-
334,913
Investments in associates
69,058
898,491
-
-
-
967,549
Property, plant and equipment
53,641
63,208
112
-
-
116,961
Intangible assets
23,938
517,473
4,060
-
-
545,471
Assets held for sale
21,032
-
-
-
-
21,032
Deferred tax assets
44,144
-
-
-
-
44,144
Total assets
3,495,587 2,541,397 459,641 89,977 98,137 6,684,739
Customer current accounts
769,986
191,454 247,996 36,023 25,103 1,270,562
Customer investment accounts
1,855,764
5
-
-
- 1,855,769
Due to banks
435,698
879,335 12,360
-
6,489 1,333,882
Investments from off balance
sheet funds
-
25,005 129,067 97,369
-
251,441
Provisions
-
18,000 55,000
-
-
73,000
Accounts payable
104,125
825,523
7,167 1,024
-
937,839
Current tax payable
5,168
10
129
-
-
5,307
Deferred tax liabilities
-
-
5,073
-
-
5,073
Total liabilities
3,170,741 1,939,332 456,792 134,416 31,592 5,732,873
Net on-balance sheet position
324,846
602,065
2,849 (44,439) 66,545 951,866
Contingent liabilities
and commitments
1,949,241
326,058 32,062 7,000 2,215 2,316,576
At 31 December 2012
Total assets
3,349,442 2,592,198 453,861 45,552 128,237 6,569,290
Total liabilities
3,046,124 1,771,995 470,532 103,983 156,693 5,549,327
Net on-balance sheet position
303,318
820,203 (16,671) (58,431) (28,456) 1,019,963
Contingent liabilities
and commitments
1,735,023
304,354 17,764 14,186 6,028 2,077,355
