NIG Prospectus - London Stock Exchange

Level: 8 – From: 8 – Thursday, August 9, 2007 – 2:20 pm – mac5 – 3776 Section 10a : 3776 Section 10a8 ReservesGain onSale oftreasuryForeigncurrencyShare Statutory General Revaluation shares translationpremium1111reserve1111reserve1111reserve1111reserve1111reserve1111Total1111KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000Balance at31 December 2006 .......... 152,691 85,334 25,621 350 800 (481) 264,315Transfer of excessdepreciation ...................... – – – (118) – – (118)Currency translationdifferences ........................ – – – 2 – (12) (10)Profit on disposal oftreasury shares .................. –1111–1111–1111–11111,7901111–11111,7901111Balances at31 March 2007.................. 152,691 85,334 25,621 234 2,590 (493) 265,9771111 1111 1111 1111 1111 1111 1111Balance at31 December 2005 .......... 28,234 61,270 25,159 322 236 418 115,639Transfer of excessdepreciation ...................... – – – (2) – – (2)Currency translationdifferences ........................ – – – 2 – (43) (41)Transfer on partialdisposal ofsubsidiary .......................... –1111(150)1111–1111–1111–1111–1111(150)1111Balances at31 March 2006.................. 28,234 61,120 25,159 322 236 375 115,4461111 1111 1111 1111 1111 1111 11119 Segmental analysisThe group’s primary format for reporting segment information is business segments and the groupprimarily operates in three business segments: investment, building materials and specialistengineering. The segment information are as follows:Investment Building materials Specialist engineering Total11112111112 11112111112 11112111112 1111211111231 March 31 March 31 March 31 March 31 March 31 March 31 March 31 March200711112200611112200711112200611112200711112200611112200711112200611112KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000 KD ‘000Segment revenue ...................... 78,349 111125,878 111127,502 111127,438 1111220,348 1111211,554 11112106,199 24,870Less:Investments income.................. (74,899) (2,638)Share of profits of associates.... (3,450) (3,240)Unallocated sales ...................... 8841111254111112Sales as per consolidatedstatement of income ................ 28,734 1111219,53311112Segment profit .......................... 74,681 1111233,891 111121,642 111121,658 11112601 1111273 1111276,924 35,622Finance costs ............................ (10,213) (6,074)Unallocated income .................. 7161111210111112Profit for the period as perconsolidated statement ofincome ...................................... 67,427 29,64911112 11112F-11