Al Waha Capital : Report and consolidated financial information for the three month period ended 30 June 2022
August 03, 2022
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Report and condensed consolidated financial information for the six month period ended 30 June 2022
www.wahacapital.ae
TABLE OF CONTENTS
01
02
03
Report on review of
Condensed consolidated
Condensed consolidated
condensed consolidated
statement of financial
statement of profit or
financial information
position
loss
04
05
06
Condensed consolidated
Condensed consolidated
Condensed consolidated
statement of profit or
statement of changes in
statement of cash flows
loss and other
equity
comprehensive income
07
Notes to the condensed consolidated financial statements
Condensed consolidated statement of profit or loss
Six month
Six month
Three month
Three month
period ended
period ended
period ended
period ended
30 June 2022
30 June 2021
30 June 2022
30 June 2021
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
Note
AED '000
AED '000
AED '000
AED '000
Continuing operations
Revenue from sale of goods and
services
18
55,375
65,719
28,695
33,576
Cost of sale of goods and services
18
(45,528)
(23,753)
(44,367)
(22,931)
Gross profit
11,008
20,191
5,764
9,823
Share of profit / (loss) from equity-
accounted associates and joint
ventures, net
9
4,986
(10,142)
2,303
(4,471)
Impairment of equity-accounted
associates and joint ventures
-
(32,014)
-
(32,014)
Gain on disposal of equity-
accounted associates and joint
ventures
31,263
50,511
31,263
50,511
Income from financial
investments, net
19
149,853
501,536
(107,815)
277,748
Income from investment property,
net
24,572
23,212
12,430
11,542
Other income / (expense), net
2,318
(5,110)
1,827
(6,080)
Net operating income / (loss)
224,000
548,184
(54,228)
307,059
General and administrative
expenses
20
(64,593)
(107,726)
(17,613)
(53,284)
Finance cost, net
21
(54,284)
(41,800)
(28,547)
(21,514)
Profit / (loss) for the period from
continuing operations
105,123
398,658
(100,388)
232,261
Discontinued operations
Loss for the period from
discontinued operations
6
(6,430)
(15,580)
(1,008)
(11,678)
Profit / (loss) for the period
98,693
383,078
(101,396)
220,583
Profit / (loss) for the period
attributable to:
Owners of the Company
87,282
264,481
(59,342)
153,900
Non-controlling interests
11,411
118,597
(42,054)
66,683
Profit / (loss) for the period
98,693
383,078
(101,396)
220,583
Basic and diluted earnings / (loss)
per share attributable to the
Owners of the Company (AED)
13
0.046
0.144
(0.032)
0.084
Basic and diluted earnings / (loss)
per share from continuing
operations attributable to the
Owners of the Company (AED)
13
0.043
0.135
(0.032)
0.077
The notes numbered 1 to 23 are an integral part of these condensed consolidated financial statements. 3
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Disclaimer
Al Waha Capital PJSC published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 11:19:06 UTC.
Al Waha Capital PJSC is a United Arab Emirates-based entity which is primarily engaged as investment management company. The Company has four segments which includes Private Investments segment holds all of the groupâs investments in diversified industries including financial services, infrastructure, oil and gas, fintech and healthcare. Public Markets segment represents a platform to provide investors access to opportunities in equities and other asset management services. Waha Land segment represents the Groupâs interest in industrial real estate. Corporate segment comprises the Groupâs activities, which are not allocated to reportable segments.
AL WAHA CAPITAL 
