DMIT Annual Report 2017

Dar Al-Maal Al-Islami Trust 15 C ONSOLIDATED S TATEMENT OF F INANCIAL P OSITION AS AT 31 D ECEMBER (Thousands of US dollars except participation units) Notes 2017 2016 (Restated) 2015 (Restated) Assets Cash and cash equivalents 5 837,344 761,520 630,874 Investments with Islamic institutions 196 130,336 270,780 Trading securities 6 314,851 27,010 78,072 Investments in financings 7 1,812,957 2,034,069 1,894,045 Investment securities 10 1,592,880 1,811,316 1,813,944 Accounts and other financial assets 12 379,254 326,323 233,830 Current tax receivable 20 26,746 18,702 16,507 Cash at Central Bank – statutory reserve 5 171,113 161,858 161,066 Investment property 13 526,060 509,049 514,180 Investments in associates 15 220,207 700,802 685,048 Property, plant and equipment 16 141,722 114,163 114,012 Intangible assets 17 317,802 348,110 400,839 Assets classified as held-for-sale 18 477,182 - - Deferred tax assets 20 21,142 27,713 34,769 Total assets 6,839,456 6,970,971 6,847,966 Liabilities Accounts payable 19 406,933 321,025 300,623 Current tax payable 20 1,050 1,009 840 Due to customers, banks and other financial institutions 21 5,592,619 5,750,094 5,621,620 Provisions 22 68,317 68,317 68,317 Deferred tax liabilities 20 4,355 4,001 4,417 Total liabilities 6,073,274 6,144,446 5,995,817 Equity Trust capital attributable to equity participants Capital 390,316 390,316 390,316 Reserves ) 101,316 ( ) 95,603 ( (59,278) Total trust capital 289,000 294,713 331,038 Non-controlling interests 33 477,182 531,812 521,111 Total equity 766,182 826,525 852,149 Total equity and liabilities 6,839,456 6,970,971 6,847,966 Number of trust capital participation units 3,955,606 3,955,606 3,955,606 Book value per unit $73.06 $74.51 $83.69 ____________________________________ ____________________________________ Omar Abdi Ali Amr Mohammed Al Faisal Member of Board of Supervisor Chairman The notes on pages 21 to 93 form an integral part of these consolidated financial statements.