INDUSTRIES QATAR Q.P.S.C.
DOHA - QATAR
INTERIM CONDENSED
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE-MONTH PERIOD ENDED
MARCH 31, 2023
CLASSIFICATION: C2 - CONFIDENTIAL
INDUSTRIES QATAR Q.P.S.C.
INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
For the three-month period ended March 31, 2023
CONTENTS | Page |
Interim condensed consolidated statement of financial position | 1 - 2 |
Interim condensed consolidated statement of profit or loss | 3 |
Interim condensed consolidated statement of profit or loss and other comprehensive income | 4 |
Interim condensed consolidated statement of changes in equity | 5 - 6 |
Interim condensed consolidated statement of cash flows | 7 - 8 |
Notes to the Interim condensed consolidated financial statements | 9 - 12 |
INDUSTRIES QATAR Q.P.S.C.
INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at March 31, 2023
March 31, | December 31, | ||||
Note | 2023 | 2022 | |||
(Unaudited) | (Audited) | ||||
QR' 000 | QR' 000 | ||||
ASSETS | |||||
Non-current assets | |||||
Property, plant and equipment | 3 | 11,734,110 | 11,685,109 | ||
Capital project advances | 192,374 | 192,374 | |||
Investments in associates | 4 | 1,539,079 | 1,890,060 | ||
Investments in joint ventures | 5 | 7,424,432 | 7,096,559 | ||
Deemed investment | 50,551 | 35,060 | |||
Right-of-use assets | 201,135 | 205,372 | |||
Intangible asset | 1,572 | 1,602 | |||
Total non-current assets | |||||
21,143,253 | 21,106,136 | ||||
Current assets | |||||
Inventories | 2,480,299 | 3,104,908 | |||
Trade and other receivables | 3,007,183 | 3,477,382 | |||
Financial assets at fair value through profit or loss | 369,852 | 397,118 | |||
Cash and bank balances | 5,337,465 | 9,735,354 | |||
Fixed deposits | 6,738,904 | 7,183,864 | |||
Total current assets | 17,933,703 | 23,898,626 | |||
Total assets | 39,076,956 | 45,004,762 |
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE INTERIM CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS
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CLASSIFICATION: C2 - CONFIDENTIAL
INDUSTRIES QATAR Q.P.S.C.
INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS For the three-month period ended March 31, 2023
Note
Revenues
Cost of sales
Gross profit
General and administrative expenses Selling and distribution expenses
Share of results of investments in associates Share of results of investments in joint ventures Finance costs
Other income - net
Profit before tax
Income tax
Profit for the period
Attributable to:
Equity holders of the parent
Non-controlling interest
Earnings per share | |
Basic and diluted earnings (QR per share) | 6 |
For the three-month period
ended March 31,
2023 | 2022 | |
(Unaudited) | (Unaudited) | |
QR' 000 | QR' 000 | |
3,467,196 | 5,280,579 | |
(2,754,572) | (3,217,695) | |
712,624 | 2,062,884 | |
(166,532) | (175,822) | |
(13,767) | (31,240) | |
64,128 | 57,249 | |
382,473 | 672,594 | |
(7,253) | (5,494) | |
195,318 | 123,830 | |
1,166,991 | 2,704,001 | |
(384) | (145) | |
1,166,607 | 2,703,856 | |
1,165,925 | 2,703,618 | |
682 | 238 | |
1,166,607 | 2,703,856 | |
0.19 | 0.45 |
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE INTERIM CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS
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