ZaraAnnual-English2012

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Levant Hotels and Tourism Company, owner of Mövenpick Resort Petra • Awarded the Trip Advisor certificate of excellence 2012. • Awarded the Green Globe certificate of 2012. • Obtained ISO 22000 certificate for 2012. Zara South Coast Development Company, owner of Mövenpick Resort & Spa Tala Bay Aqaba • Raised registered capital by JD 9.425 million to reach JD 39.425 million increasing Zara’s share by 4.78% to reach 84.78%. • Awarded the Trip Advisor certificate of excellence 2012 and Trip Advisor traveler’s choice winner 2012 for family category. • Awarded the Green Globe certification for 2012. • Awarded the Green Key certificate for 2012. • Awarded the Blue Flag certificate for 2012. • Obtained HACCP and ISO 22000 certificate for 2012. • Nominated by Condé Nast Johansens Awards for Spa excellence. 30 Board of Directors’ Report
Red Sea Hotels Company, owner of Mövenpick Resort & Residence Aqaba • Awarded the Green Globe certificate for 2012. • Awarded the Blue Flag certificate for 2012. • Awarded the Green Key certificate for 2012. National Hotels and Tourism Company, owner of Mövenpick Resort & Spa Dead Sea • Awarded the Trip Advisor certificate of excellence 2012. • Obtained the Green Globe certificate 2012 with the highest achievement award for the middle east region. • Awarded the Arabian Hotel certificate 2012 “The Best Sustainable Hotel in Jordan». • Selected as one of the top resorts in the middle east by Condé Nast Traveler Reader’s Choice Awards for the second consecutive year. • Obtained ISO 22000 certificate 2012. • The first hotel in Jordan to take part in the “Gender Equity Seal” initiative, expected to be awarded during the first quarter of 2013. Annual Report 2012 31
Page 3 and 4: Board of Directors’ Nineteenth An
Page 5 and 6: Board of Directors Sabih Taher Darw
Page 7 and 8: Message to our shareholders Esteeme
Page 9 and 10: Moreover, during 2012 all of Zara h
Page 11 and 12: Hotel industry key indicators for 2
Page 14 and 15: Board of Directors’ Report 2012 M
Page 16: Grand Hyatt Amman Hotel
Page 19 and 20: Degree B.Sc. Chemical Engineering M
Page 21 and 22: 4. Major shareholders and number of
Page 23 and 24: Hotel InterContinental Jordan Möve
Page 25 and 26: Annual Report 2010 9. (B) Number of
Page 27 and 28: Grand Hyatt Amman Hotel Annual Repo
Page 29: Amman Tourism Investment Company, o
Page 33 and 34: Following are the key indicators of
Page 35 and 36: 16. Audit fees paid by the Company
Page 37 and 38: Number of Shares as of Controlled C
Page 39 and 40: 18. (A) Remunerations of the Chairm
Page 42 and 43: 19. Donations paid by the Company a
Page 45: Consolidated Financial Statements
Page 48 and 49: Zara Investment Company (Holding Co
Page 58 and 59: 2.3 Summary of significant accounti
Page 60 and 61: Offsetting of financial instruments
Page 62 and 63: Contingencies Contingent liabilitie
Page 64 and 65: 4. Property and Equipment Lands Bui
Page 66 and 67: 5. Investment Properties 2012 2011
Page 68 and 69: 7. Financial Assets at Fair Value T
Page 70 and 71: 11. Inventories 2012 2011 JD JD Foo
Page 72 and 73: For the purpose of the consolidated
Page 74 and 75: Syndicated Loan - Jordan Hotels and
Page 76 and 77: 17. Short-Term Loan On December 7,
Page 78 and 79: 21. Segment Information The primary
Page 80 and 81:
*Hotels Segment Other Segments Elim
Page 82 and 83:
Withholding tax 16,864 13,303 Trave
Page 84 and 85:
Below table shows the reconciliatio
Page 86 and 87:
Future minimum rentals receivables
Page 88 and 89:
Related parties transactions includ
Page 90 and 91:
Equity price risk The following tab
Page 92 and 93:
32. Fair Value of Financial Instrum
Page 94 and 95:
phase of IFRS 9 will have no effect
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ZaraAnnual-English2012

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