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Mezzan Holding Company KSCC Consolidated Financial Statements for the Year Ended December 31, 2012

Mezzan Holding Company KSCC2p4agy330u4e2gda5jrzsd4k-wpengine.netdna-ssl.com/wp... · 2017. 8. 31. · Website: Email: [email protected] Tel: +965 2224 6908 │ Fax: +965 2224 6904

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Page 1: Mezzan Holding Company KSCC2p4agy330u4e2gda5jrzsd4k-wpengine.netdna-ssl.com/wp... · 2017. 8. 31. · Website: Email: ib@nbkcapital.com Tel: +965 2224 6908 │ Fax: +965 2224 6904

Mezzan Holding Company KSCCConsolidated Financial Statements for the Year Ended December 31, 2012

Page 2: Mezzan Holding Company KSCC2p4agy330u4e2gda5jrzsd4k-wpengine.netdna-ssl.com/wp... · 2017. 8. 31. · Website: Email: ib@nbkcapital.com Tel: +965 2224 6908 │ Fax: +965 2224 6904

For the Year Ended December 31, 2012

CONTENTS

CONSOLIDATED FINANCIAL STATEMENTS

Independent Auditor’s Report 3-4

Consolidated Statement of Financial Position 5

Consolidated Statement of Income 6

Consolidated Statement of Comprehensice Income 7

Consolidated Statement of Cash Flows 8

Consolidated Statement of Changes in Equity 9

Notes to the Consolidated Financial Statements 10-37

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3

Independent Auditor’s ReportConsolidated Financial Statements for the Year Ended December 31, 2012

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4

Consolidated Financial Statements for the Year Ended December 31, 2012Independent Auditor’s Report

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5

Consolidated Financial Statements for the Year Ended December 31, 2012Consolidated Statement of Financial Position

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6

Consolidated Financial Statements for the Year Ended December 31, 2012Consolidated Statement of Income

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7

Consolidated Financial Statements for the Year Ended December 31, 2012Consolidated Statement of Comprehensice Income

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8

Consolidated Financial Statements for the Year Ended December 31, 2012Consolidated Statement of Cash Flows

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9

Consolidated Financial Statements for the Year Ended December 31, 2012Consolidated Statement of Changes in Equity

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10

Consolidated Financial Statements for the Year Ended December 31, 2012Notes to the Consolidated Financial Statements

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11

Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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12

Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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13

Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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16

Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

Page 32: Mezzan Holding Company KSCC2p4agy330u4e2gda5jrzsd4k-wpengine.netdna-ssl.com/wp... · 2017. 8. 31. · Website: Email: ib@nbkcapital.com Tel: +965 2224 6908 │ Fax: +965 2224 6904

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

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Notes to the Consolidated Financial StatementsConsolidated Financial Statements for the Year Ended December 31, 2012

Page 38: Mezzan Holding Company KSCC2p4agy330u4e2gda5jrzsd4k-wpengine.netdna-ssl.com/wp... · 2017. 8. 31. · Website: Email: ib@nbkcapital.com Tel: +965 2224 6908 │ Fax: +965 2224 6904

Issuer

Mezzan Holding Company KSCC.Al ArdiaBlock 1, Building 287P.O. Box 124 – Safat, 13002 – KuwaitWebsite: www.mezzan.comEmail: [email protected]: +965 2484 6433 │ Fax: +965 2483 6162

Lead Manager

Watani Investment Company KSCC.(“NBK Capital”)Shuhada Street, Sharq Area, Al Raya II – Floor 36P.O. Box 4950 – Safat, 13050 – Kuwait Website: www.nbkcapital.comEmail: [email protected]: +965 2224 6908 │ Fax: +965 2224 6904

Legal Advisors to Lead Manager

ASAR – Al Ruwayeh & PartnersSalhiya Complex, Gate 1, 3rd Floor Mohammad Thunayan Al-Ghanim StreetP.O. Box 447 – Safat, 13005 – KuwaitWebsite: www.asarlegal.comEmail: [email protected]: +965 2292 2700 │ Fax: +965 2240 0064

Auditors

Ernst & YoungBaitak Tower, 18-21st Floor – Ahmed Al Jabber StreetP.O. Box 74 – Safat, 13001 – KuwaitWebsite: www.ey.comEmail: [email protected]: +965 2295 5000 │ Fax: +965 2245 6419

Public Relations

Bensirri Public Relations 15th Floor, Space TowerKuwait City, KuwaitWebsite: www.bensirri.comEmail: [email protected]: +965 2247 9542