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12
Dar Al-Maal Al-Islami Trust
Annual Report 2014
Notes
2014
2013
Assets
Cash and cash equivalents
5
764,670
985,984
Investments with Islamic institutions
121,188
118,001
Trading securities
6
283,316
82,663
Investments in financings
7
2,177,289
2,086,627
Investment securities
10
1,505,615
1,180,535
Accounts receivable
12
186,501
164,958
Current tax receivable
20
36,097
35,901
Investment property
13
404,766
334,913
Investments in associates
15
696,350
967,549
Property, plant and equipment
16
114,788
116,961
Intangible assets
17
536,101
545,471
Non-current assets held for sale
18
18,081
21,032
Deferred tax assets
20
34,321
44,144
Total assets
6,879,083
6,684,739
Liabilities
Accounts payable
19
813,273
937,839
Current tax payable
20
268
5,307
Massaref accounts
21
4,999,979
4,711,654
Provisions
22
73,000
73,000
Deferred tax liabilities
20
4,192
5,073
Total liabilities
5,890,712
5,732,873
Equity
Trust capital attributable to equity participants
Capital
42
390,316
390,316
Reserves
82,276
42,751
Total trust capital
472,592
433,067
Non-controlling interests
33
515,779
518,799
Total equity
988,371
951,866
Total equity and liabilities
6,879,083
6,684,739
Number of trust capital participation units
3,955,606
3,955,606
Book value per unit
$119.47
$109.48
Consolidated Statement of Financial Position as at 31 December
(Thousands of US dollars except participation units)
The notes on pages 18 to 84 form an integral part of these consolidated financial statements.