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 54 34.Non-controlling interests (continued) Summarised financial information on subsidiaries with material non-controlling interests. Set out below are the summarised financial information for a significant subsidiary that has non-controlling interests that are material to the Group. Ithmaar Holding B.S.C. Year ended 31 December Summarised Balance Sheet 2025 2024 Assets 7,582,508 6,839,802 Liabilities 7,404,635 6,664,065 Net assets 177,873 175,737 Summarised Income Statement 2025 2024 Income 361,725 303,887 Gain before income tax 120,539 111,359 Income tax expense (102,347) (91,234) Post-tax gain 18,192 20,125 Other comprehensive income (592) (3,366) Total comprehensive income 17,600 16,759 Total comprehensive income allocated to non-controlling interests (1,506) (5,966) Summarised Cash Flows 2025 2024 Operating loss before changes in operating assets and liabilities (207,525) (279,841) Net cash (used in) / generated from operations (60,837) 483,893 Net increased in investments 507,555 47,907 Taxes paid (129,841) (58,710) Foreign currency translation adjustments (23,739) (12,585) Net increase in cash and cash equivalents 85,613 180,664 Cash and cash equivalents at beginning of year 515,303 334,639 Cash and cash equivalents at end year 600,916 515,303 The information above is the amount before intercompany eliminations and consolidation adjustments. 35. Right-of-use-assets and lease liabilities The statement of financial position shows the following amounts relating to lease (net of depreciation) 2025 2024 a) Right-of-use assets (Note 16) Office space 55,659 48,927 b) Lease liabilities (Note 18) Current 1,810 1,573 Non-current 65,242 56,677 Total 67,052 58,250 Additions to right-of-use assets during the years ended 31 December 2025 were amounted to USD 16.4 million (2024: USD 17.6 million). The total cash outflow for lease in 2025 was USD 15.0 million (2024: USD 13.0 million). 2025 2024 Interest expenses 7,524 6,716 Depreciation on right-of-use assets (Note 16) 10,577 8,707