DMIT_Annual_Report_2018_EN

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 71 15. Investments in associates (continued) Summarised statement of comprehensive income At 31 December Nassej B.S.C. (c) Solidarity Group Holding B.S.C. (c) BBK B.S.C. Total 2018 2017 2018 2017 2018 2017 2018 2017 Income 17,023 21,004 - 32,312 416,500 - 433,523 53,316 Expense (6,317) (7,438) - (23,024) (235,866) - (242,183) (30,462) Income tax expense - - - (34) (1,082) - (1,082) (34) Post-tax profit 10,706 13,566 - 9,254 179,552 - 190,258 22,820 Dividends received from associate 17,979 4,244 - 6,789 25,483 - 43,462 11,033 Reconciliation of summarised financial information Reconciliation of the summarised financial information presented to the carrying amount of its interest in associates. Nassej B.S.C. (c) Solidarity Group Holding B.S.C. (c) BBK B.S.C. Total 2018 2017 2018 2017 2018 2017 2018 2017 Opening net assets 348,480 349,133 - 209,335 1,328,123 - 1,676,603 558,468 Profit for the period 10,706 13,567 - 9,254 179,552 - 190,258 22,821 Other comprehensive income/(loss) 360 574 - (975) (52,290) - (51,930) (401) Dividends - - - - (100,242) - (100,242) - Convertible capital securities issued - - - - - - - Convertible capital securities accrued profit - - - - - - - - Return of capital - - - - - - - Foreign exchange differences (53,600) (19,038) - (7,886) (26,661) - (80,261) (26,924) Closing net assets 305,946 344,236 - 209,728 1,328,482 - 1,6,34,428 553,964 Adjusted for convertible capital securities - - - - - - - - Adjusted net assets 305,946 344,236 - 209,728 1,328,482 - 1,634,428 553,964 % Interest in associates 31% 31% - 36% 25% - - - Attributable to the Group 94,843 106,713 - 75,502 332,121 - 426,964 182,215 Interest in associates 94,843 106,713 - 75,502 332,121 - 426,964 182,215 Goodwill - - - - 110,952 - 110,952 - Intangible assets - - - - 62,969 - 62,969 - Carrying value at 31 December 94,843 106,713 - 75,502 506,042 - 600,885 182,215