Microsoft Word - DMIT FINANCIAL STATEMENTS 2025-Final draft.

Dar Al-Maal Al-Islami Trust NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 in thousands of USD 49 18. Accounts payable 2025 2024 Demand drafts 118,971 140,582 Accounts payable 98,386 122,201 Lease liability (Note 35) 67,052 58,250 Accruals 40,908 49,700 Due to related party 18,720 19,944 Dividends payable 14,755 14,290 Employee payables 8,635 10,513 Deferred income 8,109 6,672 Derivative financial instruments 1,064 3,528 Advance received from customers 550 486 Security deposits on consumer leases 306 337 377,456 426,503 19. Tax liability 2025 2024 Current tax payable At 1 January (13,777) 10,765 Charge for the year (Note 33) 108,439 94,203 Payment made (110,485) (126,936) Adjustment due to withholding tax payment 127 5,004 Refund 51 246 Exchange differences (20) 2,941 At 31 December (15,665) (13,777) Deferred tax (asset)/liability At 1 January 38,040 5,327 Reversal for the year (Note 33) (6,073) (5,651) Payment made (160) - Gain due to fair value reserve - 38,283 Adjustment (23,671) 67 Exchange differences 701 14 At 31 December 8,837 38,040 Current tax receivable 15,723 14,026 Current tax payable (58) (249) 15,665 13,777 Deferred tax assets 8,335 10,858 Deferred tax liabilities (17,172) (48,898) (8,837) (38,040)