2019
2018
Note(s)
KD ’000
Revenue
19.1
1,660,890
1,317,613
Cost of sales
(459,135)
(375,517)
Operating and administrative expenses
20.a
(434,436)
(409,996)
Depreciation and amortization
10,11,12
(375,954)
(229,532)
Expected credit loss on financial assets (ECL)
(38,886)
(13,188)
Interest income
7,098
18,320
Investment income
21
1,007
3,930
Share of results of associates and joint venture
9
2,762
(2,444)
Other income/(expenses)
20.b
38,955
(41,696)
Gain on business combination
35
-
30,931
Finance costs
(110,723)
(69,173)
Provision for impairment loss on property and equipment
33
-
(9,648)
Loss from currency revaluation
(13,058)
(14,764)
Net monetary gain
33
5,074
46,935
Contribution to Kuwait Foundation for Advancement of Sciences
(2,200)
(1,667)
National Labour Support Tax and Zakat
22
(7,082)
(4,476)
Income tax expenses and other levies
23
(25,253)
(19,752)
Board of Directors’ remuneration
(510)
(420)
Attributable to:
Shareholders of the Company
216,928
196,500
Non-controlling interests
31,621
28,956
Earnings per share (EPS)
Basic and diluted – Fils
24
50
45
The accompanying notes are an integral part of these consolidated financial statements.