DMIT Annual Report 2017

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 63 15. Investments in associates (continued) Solidarity Group Holding B.S.C. (c) is a Bahrain based joint stock company engaged in providing cooperative insurance services according to the Islamic Sharia principles. There is no quoted market price for its shares. The company’s products are structured into two segments; individual products and corporate products. Contingent liabilities relating to the Group’s interest in the associates are found in Note 37. Summarised financial information for associates Set out below are the summarised financial information for Naseej B.S.C. (c) and Solidarity Group Holding B.S.C. (c) which are accounted for using the equity method. Summarised balance sheet At 31 December Naseej B.S.C. (c) Solidarity Group Holding B.S.C. (c) BBK B.S.C. Total 2017 2016 2017 2016 2017 2016 2017 2016 Cash and cash equivalents 122,525 21,353 22,811 60,288 - 834,753 145,336 916,641 Other assets 303,191 400,219 374,449 319,864 - 8,996,784 677,640 9,716,867 Total assets 425,716 421,572 397,260 380,152 - 9,831,537 822,976 10,633,261 Financial liabilities 76,158 38,316 - - - 1,726,065 76,158 1,764,381 Other liabilities 1,078 34,122 187,532 170,817 - 6,846,272 188,610 7,051,211 Total liabilities 77,236 72,438 187,532 170,817 - 8,572,337 264,768 8,815,592 Net assets 348,480 349,133 209,728 209,335 - 1,259,200 558,208 1,817,669