|
Description |
1999 |
2000 |
|
|
|
|
Assets |
|
|
|
Current Assets: |
|
|
|
Cash and bank balances |
6,211,860 |
12,869 |
|
Prepayments and other assets |
6,679,582 |
6,631,146 |
|
Total current assets |
12,891,442 |
6,644,015 |
|
Investment Securities |
101,740,279 |
109,023,938 |
|
Investment in an Affiliate |
469,516,250 |
513,022,961 |
|
Property and Equipment, net |
2,070,184 |
1,517,667 |
|
Pre-operating Expenses, net |
371,505 |
152,149 |
|
586,589,660 |
630,360,730 |
|
|
|
|
Liabilities and
Shareholders Equity |
|
|
|
Current liabilities: |
|
|
|
Accrued expenses and other liabilities |
33,021 |
94,284 |
|
Zakat provision |
3,301,017 |
4,080,338 |
|
Total current liabilities
|
3,334,038 |
4,174,622 |
|
End of service Benefits |
590,762 |
698,426 |
|
Total liabilities |
3,924,800 |
4,873,048 |
|
|
|
|
Shareholder's Equity: |
|
|
|
Capital |
550,000,000 |
550,000,000 |
|
Statutory reserve |
3,266,486 |
7,548,768 |
|
Retained earnings |
29,398,374 |
67,938,914 |
|
Total shareholders' Equity
|
582,664,860 |
625,487,682 |
|
586,589,660 |
630,360,730 |
|
