Emaar Development PJSC and its Subsidiaries
UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2022
Emaar Development PJSC and its Subsidiaries
Unaudited Interim Condensed Consolidated Financial Statements
For the period ended 30 June 2022
Table of Contents
Pages | |
Report on Review of Interim Condensed Consolidated Financial Statements | 1 - 2 |
Interim Condensed Consolidated Statement of Comprehensive Income | 3 |
Interim Condensed Consolidated Statement of Financial Position | 4 |
Interim Condensed Consolidated Statement of Changes in Equity | 5 - 6 |
Interim Condensed Consolidated Statement of Cash Flows | 7 |
Notes to the Interim Condensed Consolidated Financial Statements | 8 - 27 |
Emaar Development PJSC and its Subsidiaries
INTERIM CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
For the period ended 30 June 2022 (Unaudited)
(US$ 1.00 = AED 3.673) | ||||||
Notes | Six-month period ended | Three-month period ended | ||||
30 June 2022 | 30 June 2021 | 30 June 2022 | 30 June 2021 | |||
AED'000 | AED'000 | AED'000 | AED'000 | |||
Revenue | 4 | 7,282,520 | 7,754,702 | 3,714,379 | 3,907,055 | |
Cost of revenue | 4 | (4,173,610) | (4,803,615) | (2,122,117) | (2,468,583) | |
________ | ________ | ________ | ________ | |||
GROSS PROFIT | 3,108,910 | 2,951,087 | 1,592,262 | 1,438,472 | ||
Selling, general and administrative | (668,254) | (332,482) | ||||
expenses | 5 | (853,438) | (410,524) | |||
Finance income | 6(a) | 83,996 | 17,860 | 43,352 | 10,006 | |
Finance cost | 6(b) | (136,566) | (142,847) | (65,245) | (88,344) | |
Other income | 38,378 | 14,938 | 18,366 | 11,877 | ||
Share of results of joint ventures | 80,686 | 102,794 | 24,658 | 41,344 | ||
________ | ________ | ________ | ________ | |||
PROFIT FOR THE PERIOD | 2,507,150 | 2,090,394 | 1,280,911 | 1,002,831 | ||
Other comprehensive income | - | - | - | - | ||
TOTAL COMPREHENSIVE | ________ | ________ | ________ | ________ | ||
INCOME FOR THE PERIOD | 2,507,150 | 2,090,394 | 1,280,911 | 1,002,831 | ||
ATTRIBUTABLE TO: | ═══════ | ═══════ | ═══════ | ═══════ | ||
2,190,454 | 1,140,076 | |||||
Owners of the Company | 1,512,393 | 731,503 | ||||
Non-controlling interest | 316,696 | 578,001 | 140,835 | 271,328 | ||
─────── | ─────── | ────── | ────── | |||
2,507,150 | 2,090,394 | 1,280,911 | 1,002,831 | |||
Earnings per share attributable to | ═══════ | ═══════ | ═══════ | ═══════ | ||
the owners of the Company: | ||||||
-basic and diluted earnings per | 0.55 | 0.29 | ||||
share (AED) | 0.38 | 0.18 | ||||
═══════ | ═══════ | ══════ | ══════ |
The accompanying notes 1 to 18 form an integral part of these interim condensed consolidated financial statements.
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