|
 |
 |
GCC 2
LEASING FUND |
|
SUMMARY OF FINANCIAL
STATEMENTS |
|
Statistical Financial Position (Unaudited) As at 30
November
2005 |
| |
|
ASSETS |
US Dollar
|
|
Total
Investments |
66,874,469.23 |
|
Other
Debtors |
79,949.70 |
|
|
|
Total
Assets |
$ 66,954,418.93
|
|
|
|
LIABILITIES
|
|
|
Total Equities Participation's |
56,957,192.00 |
|
Issue
Premium |
1,928.55 |
|
Transferred
Profit /losses |
0.00 |
|
Profits Distribution |
-150,944.20 |
|
Profit
for the Period |
2,806,853.26 |
|
Other
Liabilities |
7,339,389.32 |
|
|
|
Total
Participant's Rights Liabilities |
$
66,954,418.93
|
|
|
|
INCOME
STATEMENT
(Unaudited)
From March 1, 2005 to 30 Nov. 2005 |
|
|
US Dollar
|
|
Total
Income |
3,587,408.60 |
|
Less
: |
|
|
General
& Administrative Expenses
|
151,494.82 |
|
Risk
Provision |
10,596.04 |
|
|
Net
Operational Profit |
$ 3,425,317.74 |
|
Mudarib’s
Share |
618,464.48 |
|
|
|
Net
Profit for the Period |
$2,806,853.26 |
|
|
|
| |
|
|
|
