Statement of Comprehensive Income
Statement of Comprehensive Income
For the year ended 31 December 2019
| Notes | 2019 | 2018 | |
| AED | AED | ||
| Net profit for the year | 16,166,174 | 10,643,090 | |
| Other comprehensive income
Items that will not be reclassified subsequently to profit or loss |
|||
| Loss on sale of financial assets designated at FVTOCI | – | (170,034) | |
| Transferred to profit or loss from impairment of investments through other comprehensive income | 624,860 |
– |
|
| Net unrealized gain/ (loss) from investments through other comprehensive income – equity securities |
6 |
2,480,797 | (2,309,994) |
| Items that will be reclassified subsequently to profit or loss | |||
| Net unrealized gain from investments through other comprehensive income – debt securities |
6 |
1,766,102 | – |
| Directors’ remuneration | (2,293,955) | (730,000) | |
| Total comprehensive income for the year |
18,743,978 |
7,433,062 |
