61 / 87
Notes to the Consolidated Financial Statements
(Thousands of US dollars)
59
Dar Al-Maal Al-Islami Trust
Annual Report 2014
15. 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
2014
Unlisted:
Solidarity Group
Holding B.S.C. (c)
(Bahrain)
326,408 89,017 39,171 5,388
-
34
16
CITIC International
Asset Management
Limited (Hong Kong)
384,093 27,641 33,873 15,492
-
20
9
CIAM-Shamil Asset
Management Company
Limited (Hong Kong)
630
6
-
-
-
50
23
Sanpak Engineering
(Pakistan)
9,455 8,006 14,659
102
-
31
14
*Misr Company for
Packing Materials
“Egywrap” (Egypt)
31,139 11,911 11,671
427
-
23
11
Faysal Asset
Management
Limited (Pakistan)
2,654
273
-
-
-
30
14
*Ithraa Capital
(Saudi Arabia)
21,870 1,435 1,663
(948)
-
23
11
Naseej B.S.C. (c)
(Bahrain)
324,456 3,386 9,008 6,168
-
28
13
*Chase Manara
B.S.C. (c) (Bahrain)
5,428
58
-
-
-
40
19
*Islamic Trading
Company E.C.
(Bahrain)
9,175
110 1,150
639
-
24
11
*Emerging Markets
Partnership Bahrain
B.S.C. (c) (Bahrain)
2,054
833
-
-
-
40
19
* For some of the associates, published information is not available for
31 December 2014 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.