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Notes to the Consolidated Financial Statements
(Thousands of US dollars)
60
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
2013
Unlisted:
Solidarity Group
Holding B.S.C. (c)
(Bahrain)
350,950 101,170 17,857 5,330
-
34
17
CITIC International
Asset Management
Limited (Hong Kong)
388,885 26,590 10,236 (2,274)
-
20
10
CIAM-Shamil Asset
Management Company
Limited (Hong Kong)
630
6
-
-
-
50
25
Sanpak Engineering
(Pakistan)
7,587 6,299 12,869
188
-
31
15
*Islamic Company for
Production, Printing and
Packing Materials
“Icopack” (Egypt)
67,303 56,827 47,710 2,226
-
23
11
*Misr Company for
Packing Materials
“Egywrap” (Egypt)
33,557 13,850 18,342
432
-
23
11
Faysal Asset
Management
Limited (Pakistan)
2,540
261
-
-
-
30
15
*Ithraa Capital
(Saudi Arabia)
22,471 1,235
99
(671)
-
23
11
Naseej B.S.C. (c)
(Bahrain)
313,605 2,019 11,098 5,443
-
29
14
*Chase Manara
B.S.C. (c) (Bahrain)
5,428
58
-
-
-
40
20
*Islamic Trading
Company E.C.
(Bahrain)
8,504
78
343
42
-
24
12
*Emerging Markets
Partnership Bahrain
B.S.C. (c) (Bahrain)
2,054
833
-
-
-
40
20
* For some of the associates, published information is not available for
31 December 2013 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.