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OMINVEST is the Premier investment company in Oman and


believes in investing in a shared future for all its stakeholders. With
a successful track record of creating shareholder value over the last
three decades, OMINVEST is committed to undertaking large and
protable investments, building industries, creating employement
opportunities and nurturing growth.

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HIS MAJESTY SULTAN QABOOS BIN SAID

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Contents
Disclaimer 7

Definitions 8

Formulas To Derive Financial Ratios 9

Industry Wise Grouping Based on Business Activities 9

General Performance of Muscat Securities Market in 2015 10

Annual Financial Indicators 2011-2015 11

Company Index 12-13

Financial Sector 15

Industrial Sector 103

Services Sector 211

Disclaimer
This book is prepared & designed to provide basic & financial analyzed data of the companies listed in Muscat Securities Market (MSM) only. This information is provided by MSM management with the knowledge
that INFINITY do not offer any legal or other advisory services. Every effort has been made to make this book as accurate as possible. However, there may be typographical and or content errors. Therefore, this book
should serve only as a general guide and not as the ultimate source of subject information. Muscat Securities market management as well as infinity advertising shall have no liability or responsibility to any person
or entity regarding any loss or damage incurred, or alleged to have incurred, directly or indirectly, by the information contained in this book.

MSM/ INFINITY

Source of Information / Data used in this Guide


1. Company Information : Gathered directly from companies
2. Financial Information : Audited Annual Reports of Companies uploaded on www.msm.gov.om
3. Shareholders Data : Muscat Clearing & Depository Co. S.A.O.G
4. Trading Information : Muscat Securities Market Database

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Definitions

1) Par Value of Share : The value specified by the company for the first issue of each share and which remains fixed.

2) Share Market Value : The closing price at which a share is traded in the market on the final trading day.

3) Share Book Value : Net shareholders equity at the end of the financial year divided by the number of subscribed shares.

4) Shareholders Equity : Net asset of the company after deduction of liabilities. It includes paid-up capital, plus all various reserves and retained earnings.

5) Cash & Investments : Cash in hand and at bank and investment in securities.

6) Loans & Facilities : Debt balances of current accounts, loans, promissory notes and discounted bills.

7) Deposits : Credit balance in current account, savings accounts and fixed deposits accounts.

8) Fixed Assets : fixed assets less accumulated depreciation -

9) Current Assets : Assets owned by the company ,and can be easily realized in cash within one year.

10) Total Assets : Total assets in balance sheet of the company. They are the current assets + fixed assets.

11) Current Liabilities : Short-term liabilities on the company reasonably expected to be paid within one year from the end of the financial year.

12) Long Term Loans : Loans maturing after a period over a year.

13) Total Liabilities : Total liabilities in balance sheet of the company. They are the current liabilities + long-term liabilities

14) Retained Earnings : Retained Net Profit for the period plus any retained net profit from previous years.

15) Reserves : Legal Reserves, General Reserves and Other Reserves.

16) Net Profit Before Tax : Net income for the financial year of the company before the deduction of taxes and other provisions.

17) Cash Dividends : Money paid to shareholders of a company from its cash earnings.

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Formulas Used in Financial Ratios

Net Profit Ratio % Net Profit or loss divided by net sales (sales revenue)

Return on Equity % Net profit or loss divided by equity

Earnings per Share (EPS) Net profit or loss divided by number of issued shares

Equity Ratio % Equity divided by total assets

Debt Ratio % Total liabilities divided by total assets

Current Ratio Current assets divided by current liabilities

Quick (acid-test) ratio Current assets less inventory divided by current liabilities

Inventory Turnover Cost of sold goods divided by average inventory balance

Average Collection Period (Days) Accounts Receivables divided by post-paid sales rate

Price Earnings Ratio (Multipliers) Share Closing Price divided by Earnings Per Share

Market Value Paid-up Share Capital multiplied by Share Closing Price

Industry-wise Grouping Based on Business Activities Industry-wise Grouping Based on Business Activities Industry-wise Grouping Based on Business Activities
Financial Sector Industrial Sector Service Sector
Banks Food & Beverages Telecommunications
Insurance Cement Tourism & Hospitality
Finance & Leasing Engineering Logistics
Investment & Brokerage Textiles Oil & Gas Marketing
Funds Mining Education & Training
Real-Estate Construction Materials Support Energy
Paper, Packaging & Glass Diversified Commercial Services
Chemicals
Pharmaceuticals
Electrical & Mechanical

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General Performance of Muscat Securities Market in 2015

General Market Statistics 2014 2015 %

MSM-30 Index 6,343.22 5,406.22 (14.77 %)

Number of trading days 244 248 1.64 %

Number of deals 413,723 262,304 (36.60 %)

Number of traded shares (million) 6,620 5,642 (14.77 %)

Value of traded shares (RO million) 2,235 1,366 (38.88 %)

Number of traded bonds (Thousand) 86.57 91.37 5.54 %

Value of traded bonds (RO million) 33.84 23.78 (29.73 %)

Total trading value (RO million) 2,269 1,390 (38.75 %)

Average of daily trading (RO million) 9.30 5.60 (39.74 %)

Market Capitalization (RO million) 14,565 15,779 8.34 %

Foreign Participation 29.25% 29.94% 2.34 %

Number of listed companies 117 115 (0.85 %)

Number of brokerage companies 21 20 (4.76 %)

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Annual Financial Indicators 2011-2015

COMPREHENSIVE INCOME FINANCIAL POSITION MARKET INDICATORS

SECTOR LISTED COS YEAR TOT INCOME NET PROFIT ASSETS LIABLITIES SHARE CAPITAL NET WORTH CASH FLOW DIVIDEND MARKET-CAPITALIZATION VALUE VOLUME TRADES

(RO000) (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) (000)

2015 1,145,745 427,646 30,437,534 25,951,596 1,671,713 7,056,117 (64,079) 160,220 3,464,128 771,812 3,843,450 128,871

2014 998,528 397,642 25,893,286 22,036,438 1,552,578 3,810,393 614,646 248,484 3,980,140 1,250,963 4,934,842 217,352
FINANCIAL
35 2013 909,502 398,723 22,886,615 19,339,701 1,477,036 3,546,313 298,701 224,396 4,169,688 1,097,081 4,981,743 235,928
SECTOR
2012 823,154 338,486 20,822,641 17,755,945 1,287,548 3,066,698 299,438 192,710 3,498,836 479,649 7,360,474 166,976

2011 705,311 245,107 17,412,344 14,991,380 938,061 2,420,964 350,705 173,021 3,225,966 400,474 1,272,056 146,423

2015 312,971 75,063 2,081,822 1,083,520 321,705 998,034 (3,357) 59,987 1,315,363 215,952 559,985 40,323

2014 312,790 120,872 2,031,007 1,035,979 309,522 995,028 11,064 77,223 1,605,495 279,991 641,668 74,531
INDUSTRIAL
45 2013 298,363 126,594 1,926,175 994,309 306,637 948,625 3,305 73,093 1,917,828 391,350 1,191,166 87,927
SECTOR
2012 275,441 112,939 1,791,387 930,602 291,480 860,785 (5,594) 72,213 1,429,966 228,568 783,540 81,983

2011 226,965 86,888 1,641,170 840,380 290,289 800,843 (3,057) 59,999 1,089,234 205,199 560,316 98,493

2015 1,297,807 187,390 5,242,027 3,232,658 815,144 2,080,372 (22,742) 200,891 3,653,657 366,022 1,044,050 88,041

2014 1,211,626 305,975 4,660,774 2,787,383 671,884 1,868,256 (51,416) 206,734 3,612,651 732,721 1,355,153 129,929

SERVICES SECTOR 37 2013 1,168,820 312,015 3,896,663 2,893,176 976,468 1,766,382 246,659 197,621 3,274,082 571,635 1,059,779 95,747

2012 1,057,589 242,826 3,750,523 2,368,843 417,535 1,381,680 9,866 180,699 2,717,438 285,276 543,171 64,931

2011 1,019,274 234,528 3,171,551 1,831,052 403,691 1,340,498 (21,964) 160,133 2,769,838 361,629 484,418 100,993

2015 2,756,523 690,099 37,761,383 30,267,774 2,808,562 10,134,523 (90,178) 421,098 8,433,148 1,353,786 5,447,485 257,235

2014 2,522,944 824,489 32,585,067 25,859,800 2,533,984 6,673,677 574,294 532,441 9,198,286 2,263,675 6,931,663 421,812

MARKET SUMMARY 117 2013 2,376,685 837,332 28,709,453 23,227,186 2,760,141 6,261,320 548,665 495,110 9,361,598 2,060,066 7,232,688 419,602

2012 2,156,184 694,251 26,364,551 21,055,390 1,996,563 5,309,163 303,710 445,622 7,646,240 993,493 8,687,185 313,890

2011 1,951,550 566,523 22,225,065 17,662,812 1,632,041 4,562,305 325,684 393,153 7,085,038 967,302 2,316,790 345,909

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Company Index
PAGE SECTOR COMPANY PAGE SECTOR COMPANY
22 Bank Ahli Bank S.A.O.G 80 Investment & Brokerage Oman & Emirates Investment Holding Co. S.A.O.G
24 Bank Alizz islamic bank S.A.O.G 82 Investment & Brokerage Oman International Development & Investment Co. S.A.O.G (OMINVEST)
26 Bank Bank Dhofar S.A.O.G 84 Investment & Brokerage Shurooq Investment Services Holding Co. S.A.O.G
28 Bank Bank Muscat S.A.O.G 86 Real Estate National Real Estate Development Co S.A.O.G
30 Bank Bank Nizwa S.A.O.G 88 Funds FINCORP Al Amal Fund JIA
32 Bank Bank Sohar S.A.O.G 90 Funds Majan Capital Fund JIA
34 Bank HSBC Bank Oman S.A.O.G 108 Food & Beverages A Saffa Foods S.A.O.G
36 Bank National Bank of Oman S.A.O.G 110 Food & Beverages Areej Vegetable Oils & Derivatives S.A.O.G
38 Insurance Al Madina Insurance Co S.A.O.G (Al Madina Takaful) 112 Food & Beverages Dhofar Beverage & Food Stuff Co. S.A.O.G
40 Insurance Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co. S.A.O.G) 114 Food & Beverages Dhofar Cattle Feed Co. S.A.O.G
42 Insurance Dhofar Insurance Co. S.A.O.G 116 Food & Beverages Dhofar Fisheries Industries Co. S.A.O.G
44 Insurance Muscat National Holding Co. S.A.O.G 118 Food & Beverages Dhofar Poultry Co. S.A.O.G
46 Insurance Takaful Oman Insurance S.A.O.G 120 Food & Beverages Gulf Mushroom Products Co. S.A.O.G
48 Insurance Oman United Insurance Co S.A.O.G 122 Food & Beverages National Biscuit Industries Ltd S.A.O.G - and its subsidiary
50 Finance & Leasing Al Omaniya Financial Services S.A.O.G 124 Food & Beverages National Mineral Water Co. S.A.O.G
52 Finance & Leasing Muscat Finance Co. Ltd S.A.O.G 126 Food & Beverages Oman Fisheries Co. S.A.O.G
54 Finance & Leasing National Finance Co. S.A.O.G 128 Food & Beverages Oman Flour Mills Co. S.A.O.G
56 Finance & Leasing Oman ORIX Leasing Co. S.A.O.G 130 Food & Beverages Oman Refreshment Co. S.A.O.G
58 Finance & Leasing Taageer Finance Co. S.A.O.G 132 Food & Beverages Omani Euro Food Industries Co S.A.O.G
60 Finance & Leasing United Finance Co. S.A.O.G 134 Food & Beverages Salalah Mills Co. S.A.O.G
62 Investment & Brokerage ASharqiya Investment Holding Co. S.A.O.G 136 Food & Beverages Sohar Poultry Co. S.A.O.G
64 Investment & Brokerage Al Anwar Holdings S.A.O.G 138 Food & Beverages Sweets of Oman S.A.O.G
66 Investment & Brokerage Al Batinah Development & Investment Holding Co. S.A.O.G 140 Cement Oman Cement Co. S.A.O.G
68 Investment & Brokerage Dhofar International Development & Investment Holding Co. S.A.O.G 142 Cement Raysut Cement Co. S.A.O.G
70 Investment & Brokerage The Financial Corporation Co. S.A.O.G (FINCORP) 144 Engineering Al Hassan Engineering Co. S.A.O.G
72 Investment & Brokerage Financial Services Co. S.A.O.G 146 Engineering Galfar Engineering & Contracting S.A.O.G
74 Investment & Brokerage Global Financial Investments Holding S.A.O.G 148 Textiles Muscat Thread Mills S.A.O.G
76 Investment & Brokerage Gulf Investment Services Holding Co. S.A.O.G 150 Textiles Oman Textile Mills Holding Co S.A.O.G
78 Investment & Brokerage National Securities Co. S.A.O.G 152 Mining Al Fajar Al Alamia Co. S.A.O.G

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Company Index (Contd...)

PAGE SECTOR COMPANY PAGE SECTOR COMPANY


154 Mining Al Oula Co. S.A.O.G 230 Tourism & Hospitality Oman Hotels & Tourism Co. S.A.O.G

156 Mining Gulf Stone Co. S.A.O.G 232 Tourism & Hospitality Sahara Hospitality Co. S.A.O.G

158 Mining Oman Chromite Co. S.A.O.G 234 Tourism & Hospitality Salalah Beach Resort S.A.O.G

160 Construction Materials Support Al Maha Ceramics S.A.O.G 236 Tourism & Hospitality Ubar Hotel & Resorts (Interior Hotels Co S.A.O.G)

162 Construction Materials Support Abrasives Manufacturing Co. S.A.O.G 238 Logistics Port Services Corporation S.A.O.G

164 Construction Materials Support Al Anwar Ceramic Tiles Co. S.A.O.G 240 Logistics Salalah Port Services Co. S.A.O.G

166 Construction Materials Support Al Jazeera Steel Products Co. S.A.O.G 242 Oil & Gas Marketing Al Maha Petroleum Products Marketing Co. S.A.O.G
244 Oil & Gas Marketing Muscat Gases Co. S.A.O.G
168 Construction Materials Support Construction Materials Industries & Contracting Co. S.A.O.G
246 Oil & Gas Marketing National Gas Co. S.A.O.G
170 Construction Materials Support National Aluminium Products Co. S.A.O.G
248 Oil & Gas Marketing Oman Oil Marketing Co. S.A.O.G
172 Construction Materials Support Oman Ceramics Co. S.A.O.G
250 Oil & Gas Marketing Shell Oman Marketing Co. S.A.O.G
174 Paper, Packaging & Glass Computer Stationery Industry S.A.O.G
252 Education & Training Dhofar University S.A.O.G
176 Paper, Packaging & Glass Gulf Plastic Industries Co. S.A.O.G
254 Education & Training Majan College S.A.O.G (University College)
178 Paper, Packaging & Glass Majan Glass Co. S.A.O.G
256 Education & Training National Hospitality Institute S.A.O.G
180 Paper, Packaging & Glass Omani Packaging Co. S.A.O.G
258 Education & Training Oman Education & Training Investment S.A.O.G
182 Paper, Packaging & Glass Packaging Co. Ltd S.A.O.G
260 Energy ACWA Power Barka S.A.O.G
184 Chemicals Gulf International Chemicals S.A.O.G
262 Energy Al Batinah Power Co S.A.O.G
186 Chemicals National Detergent Co. S.A.O.G
264 Energy Al Kamil Power Co. S.A.O.G
188 Chemicals Oman Chlorine S.A.O.G
266 Energy Al Suwadi Power Co S.A.O.G
190 Pharmaceuticals National Pharmaceutical Industries Co. S.A.O.G
268 Energy Oman National Engineering & Investment Company S.A.O.G
192 Electrical & Mechanical Oman Cables Industry S.A.O.G
270 Energy Sembcorp Salalah Power & Water Company S.A.O.G
194 Electrical & Mechanical Oman Fiber Optic Co. S.A.O.G
272 Energy Sharqiyah Desalination Company S.A.O.G
196 Electrical & Mechanical Voltamp Energy S.A.O.G
274 Energy SMN Power Holding
216 Telecommunications Oman Telecommunications Co. S.A.O.G (OMANTEL) 276 Energy Sohar Power Co. S.A.O.G
218 Telecommunications Omani Qatari Telecommunications Co S.A.O.G - ooredoo 278 Energy United Power Co. S.A.O.G
220 Tourism & Hospitality Al Batinah Hotels Co S.A.O.G (Sohar Beach Hotel) 280 Energy Phoenix Power S.A.O.G
222 Tourism & Hospitality Al Buraimi Hotel S.A.O.G 282 Diversified Commercial Services Oman International Marketing Co. S.A.O.G
224 Tourism & Hospitality Dhofar Tourism Co. S.A.O.G 284 Diversified Commercial Services Al Jazeira Services Co. S.A.O.G
226 Tourism & Hospitality Gulf Hotels (Oman) Company Limited S.A.O.G 286 Diversified Commercial Services Oman Investment & Finance Co Ltd S.A.O.G
228 Tourism & Hospitality Hotels Management Company International S.A.O.G 288 Diversified Commercial Services Renaissance Services S.A.O.G

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14
SECTION 1
FINANCIAL SECTOR

15
16
lets
do more
investing
Investing is a great way to support the national economy, while
at the same time building your personal wealth. As your banking
partner we can provide advice and support at the key stages
in your life from welfare insurance to asset management
solutions and saving schemes.

www.bankmuscat.com

C.R No. 1/14573/8

BM_INVESTMENT_COR_MSM magazine eng 29.7w x 21h cm.indd 1


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5/19/16 1:34 PM
Over the years, Bank Muscat has succeeded in inculcating a strong savings
culture in Oman. Aimed at the well-being of families, al Mazyona, the flagship
savings scheme in Oman, has succeeded in making a lasting difference in
the lives of customers. Targeted at all nationalities and segments, including
ladies, youth, children and high savings balance customers, al Mazyona is
helping customers to develop a strong savings habit critical for the future
development of Oman.
Moving along with the times, Bank Muscat offers the right mix of traditional
and electronic banking channels for the Sultanates youth-dominated
population. Product innovation and improved level of service by Bank
Muscat for both conventional and electronic channels is the key to making
a difference in banking excellence. Marked by speed, convenience and
security, electronic banking channels, notably mobile banking, online
banking and ATM/CDM network enable financial transactions anytime from
anywhere, serving as a boon for people on the move.
Bank Muscat on track to sustain banking excellence Bank Muscat customers are increasingly moving to electronic banking
The journey at Bank Muscat began more than three decades ago with the As part of its commitment to sustainable development, alongside participation channels, the preference being mainly due to factors such as the adaptive
mission of creating value for every individual and the nation. Thanks to the in large-scale projects, the bank has taken strategic steps to strengthen the small and flexible nature of services. The bank is focused on adding value and
endorsement by the largest banking family in Oman, Bank Muscat prides and medium enterprise (SME) sector in Oman. Promoting self-employment engaging customers through their preferred banking channels.
itself to be the No. 1 bank in the Sultanate. During the past 34 years since initiatives boosting the national economy, a suite of products is also available
With the largest electronic channel network in Oman, innovations adopted
its inception in 1982, Bank Muscat has always focused on reaching out to for micro and small businesses.
by Bank Muscat are characteristic of the network of ATMs and CDMs, mobile
customers with banking service excellence, being closely associated with
Bank Muscat is the largest asset manager in Oman. The Private Equity and Asset banking, internet banking, point of sales (PoS) machines and the Call Centre
the progressive march of the nation in all realms. The trust and confidence
Management division manages over $2.1 billion worth of assets, 42 per cent offering 24/7 banking service.
reposed by the people and nation have helped the bank to maintain its
of which are invested in equity markets, 30 per cent in fixed income and 28
leading position. Ensuring accessibility across the country, the largest network of ATM/CDMs
per cent in private equity investments. Bank muscat also offers discretionary
form a pillar of customer service. Being a member of OmanSwitch and
Ushering in a new era of strategic growth, the bank has set ambitious goals for portfolio management services, targeted to suit diverse clients, including
GCCNet, customers from any bank in Oman, the GCC countries and from
the coming period. The banks Lets Do More vision is a powerful articulation pension funds, sovereign wealth funds, high net worth individuals, corporations
around the world can use Bank Muscat ATMs for their cash requirements.
of the contributions of a loyal, productive workforce, and customer-centric and other entities.
service for all partners. The vision reflects the essence of Omani values in In tune with the banking requirements of a young, tech-savvy generation,
The paramount AUM position enjoyed by Bank Muscat Private Equity and Asset
the banks services, continuously measuring and delivering value for all Bank Muscat enjoys an edge in hi-tech products and services, including
Management division corroborates the bank as a safe and reliable partner for
stakeholders. The core focus of the vision is to stretch further the standards electronic payment and web-based services.
financial investment advice. The division is always on the lookout for strategic
in customer service.
investment products, enabling its esteemed investors to create, manage and The Lets Do More vision roadmap reflects the essence of Omani values
As a forward looking financial institution, Bank Muscat is committed to grow their wealth in a sustainable manner. in the service delivery. Bank Muscat continuously measures the service
the development and progress of Oman vis--vis its operations. Over the delivery and continuously innovates to address customer needs, ensuring
Being faithful to its vision, the bank continues to earn the trust of all
years, the bank has accomplished this in many ways by partnering with the value for all stakeholders. The dynamic vision reflects the readiness to face
stakeholders, providing a unique banking and financial experience to customers
government and industry in projects of national importance. In Project & future challenges and sums up the banks confidence and determination to
who are an integral part of the banks journey of success.
Structured Finance, the banks expertise in key sectors along with innovative stretch the boundaries in banking excellence. Customer service excellence
structuring capabilities have catered to the financing requirement of key is the forte of Bank Muscat.
large-scale projects in the Sultanate.

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C.R No.: 1558560

Your local bank with regional presence

Commercial Banking Customized for you


Funding Real Estate Projects Term Loans for Funding Capital Expenditure Project Finance and
Structured Funding Contracting and Construction Funding Leasing and Heavy Equipment
Financing Syndication Finance Treasury Trade Finance Working Capital Finance Asset
Management Brokerage Electronic Banking Services

Contact Centre: 24577177 www.ahlibank.om

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Main Activities

Assets Market Capitalisation Net-worth Equity


No of staff

Company name Basic information status Financial information Approval status


Key Staff
Al Anwar Holdings S.A.O.G Approved Not approved
Ahlibank S.A.O.G Approved Not approved
Al Madina Takaful Approved Not approved
Main Shareholders (Holding 5% and more shares)
Bank Dhofar S.A.O.G Approved Not approved
:
Bank Muscat S.A.O.G Approved Not approved
:
Dhofar Insurance Co S.A.O.G Approved Not approved
:
Dhofar International Development & Investment Holding Co S.A.O.G Approved Not approved
:
Financial Corporation Co S.A.O.G (Fincorp) Approved Not approved
:
Financial Services Co S.A.O.G : Approved Not approved
Global Financial Investments holding S.A.O.G Approved Not approved
Muscat Finance Co Ltd S.A.O.G Approved Not approved
Board of Directors
National Finance Co S.A.O.G 2014 2015 Approved Not approved
:
National Real Estate Development Co
: SAOG (National Beverages Co Ltd S.A.O.G) Approved Not approved
National Securities Co S.A.O.G : Approved Not approved
: Co S.A.O.G
Oman & Emirates Investment Holding Approved Not approved
Oman International Development &: Investment Co S.A.O.G (OMINVEST) Approved Not approved
:
ASharqiya Investment Holding Co S.A.O.G Approved Not approved
United Finance Co S.A.O.G : Approved Not approved
:
National Bank Of Oman S.A.O.G Not Approved Approved
: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co S.A.O.G) Not Approved Not Approved
:
Al Omaniya Financial Services S.A.O.G Not Approved Not Approved
:
Bank Nizwa S.A.O.G Not Approved Not Approved
Oman Orix Leasing Co S.A.O.G Not Approved Not Approved
Other Information
Oman United Insurance Co S.A.O.G Not Approved Not Approved
Established :
Shurooq Investment Services Holding Co S.A.O.G Not Approved Not Approved
Auditors :
Taageer Finance Company S.A.O.G Not Approved Not Approved
Legal Advisor :

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Page Contents Page Contents
Banks Investment & Brokerage
22 Ahli Bank S.A.O.G 62 ASharqiya Investment Holding Co. S.A.O.G
24 Alizz islamic bank S.A.O.G 64 Al Anwar Holdings S.A.O.G
26 Bank Dhofar S.A.O.G 66 Al Batinah Development & Investment Holding Co. S.A.O.G
28 Bank Muscat S.A.O.G 68 Dhofar International Development & Investment Holding Co. S.A.O.G
30 Bank Nizwa S.A.O.G 70 The Financial Corporation Co. S.A.O.G (FINCORP)
32 Bank Sohar S.A.O.G 72 Financial Services Co. S.A.O.G
34 HSBC Bank Oman S.A.O.G 74 Global Financial Investments Holding S.A.O.G
36 National Bank of Oman S.A.O.G 76 Gulf Investment Services Holding Co. S.A.O.G
Insurance 78 National Securities Co. S.A.O.G
38 Al Madina Insurance Co S.A.O.G (Al Madina Takaful) 80 Oman & Emirates Investment Holding Co. S.A.O.G
40 Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co. S.A.O.G) 82 Oman International Development & Investment Co. S.A.O.G (OMINVEST)
42 Dhofar Insurance Co. S.A.O.G 84 Shurooq Investment Services Holding Co. S.A.O.G
44 Muscat National Holding Co. S.A.O.G Real Estate
46 Takaful Oman Insurance S.A.O.G 86 National Real Estate Development Co S.A.O.G

48 Oman United Insurance Co S.A.O.G Funds


Finance & Leasing 88 FINCORP Al Amal Fund JIA

50 Al Omaniya Financial Services S.A.O.G 90 Majan Capital Fund JIA

52 Muscat Finance Co. Ltd S.A.O.G 92-100 Performance Highlights

54 National Finance Co. S.A.O.G


56 Oman ORIX Leasing Co. S.A.O.G
58 Taageer Finance Co. S.A.O.G
60 United Finance Co. S.A.O.G Net Profit Total Dividend

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Ahli Bank S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Commercial Banking
2000000 Assets Market Capitalisation Net-worth Equity
Address
PO Box: 545, Postal Code: 116, Minaa Al Fahal, Muscat, Sultanate of Oman
Location: Ahli Bank Head Office Building, Al Rumaila Street, Wattaya Omani
1600000
GCC
Contact
Tel: 24577000, Fax: 24568001 Arabs not GCC
Email: info@ahlibank.om 1200000
Website: www.ahlibank.om Foreigners

800000
No of staff
Omani: 468, Expatriates: 37 - Total: 505
No. of Branches: 20
400000
Arabs not
Key Staff Omani GCC Foreigners Total
GCC
Lloyd Maddock : Chief Executive Officer Nos 2,521 59 - 3 2,583 0
2011 2012 2013 2014 2015
Value 170,616,198 107,828,960 - 861,673 279,306,831
Main Shareholders (Holding 5% and more shares)
% 61% 39% - - 100%
Ahli United Bank : 35.00%
Share Closing Price Index - Monthly for 2 years
International Finance Corporation : 9.905%
Oman Investment Fund Holding LLC and Oman 2014 2015
Investment Fund
: 9.450%
0.250
Ministry of Civil Services Pension Fund : 8.038%
Oman National Investment SAOC : 7.711% 0.234

Ministry of Defense Pension Fund : 7.785% 0.218

0.202
Board of Directors
Hamdan Ali Nasser Al Hinai : Chairman 0.186

Adel Mohamed Abdelshafe El-Labban : First Deputy Chairman 0.170

Munir Abdulnabi Yousef Makki : Second Deputy


Chairman
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Sanjeev Baijal : Director Trading Information 2015 2014 2013 2012 2011
Keith Henry Gale : Director No of Shares Traded (000) 159,514 320,788 104,046 86,538 75,626
Mustafa Shafqat Anwar : Director Value of Trading (RO000) 32,067 73,488 19,754 15,821 22,007
Rashad Khamis Hamed Al Battashi : Director No of trades executed 1,517 4,771 4,267 5,608 7,446
Anwar Hilal Hamdoon Al Jabri : Director Yearly High price (RO) 0.245 0.260 0.217 0.265 0.345
Yearly low price (RO) 0.178 0.173 0.167 0.134 0.231
Other Information
Closing price (RO) 0.196 0.245 0.186 0.177 0.265
Established : January 5, 1998
Price Earnings Ratio (Multiplier) 10.316 12.6 10.220 9.415 14.722
Auditors : Ernst & Young LLC
Market Capitalisation (RO000) 279,307 317,395 235,084 213,056 212,380
Legal Advisor : Said Al Shahry & Partners Advocates & Legal Consultants

22 Bank
Ahli Bank S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 60,390 56,440 54,939 50,407 41,311 Cashflow from/(used in) operating activities 77,863 (77,898) 69,502 (77,464) (56,334)
Interest expense (21,226) (19,727) (18,143) (18,328) (16,061) Cashflow from investing activities (386) 4,853 (10,900) (6,924) (13,083)
Net Interest Income 39,164 36,713 36,796 32,079 25,250 Cashflow from/(used in) financing activities 15,625 19,146 11,307 36,550 (6,613)
Income from Islamic banking 9,737 5,616 1,593 - - Net change in cash & cash equivalents 93,102 (53,899) 69,909 (47,838) (76,030)
Distribution to depositors (2,590) (1,001) (76) - -
Key Financial indicators
Net income from Islamic banking 7,147 4,615 1,517 - -
Other income 9,662 10,304 8,287 9,965 9,791 Profitability
Total Income 55,973 51,632 46,600 42,044 35,041 Net Profit ratio % 71% 45% 42% 43% 44%

Operating expenses (25,592) (22,928) (20,341) (17,250) (14,320) Return on Equity % 12% 12.6% 13.1% 15.1% 16.4%
Income Tax (2,654) (3,577) (3,229) (3,051) (2,497) Earning per share (RO) 0.019 0.019 0.0182 0.0188 0.0169
Net profit for the year 27,727 25,127 23,030 21,743 18,224 Cash dividend (RO000) 14,250 - 9,479 6,019 -
Other comprehesnive income 26 (1,013) 369 559 (119) Cash dividend ratio % 10% - 7.5% 5% -
Total comprahensive income 27,753 24,114 23,399 22,302 18,105 Stock dividend (RO000) - 12,955 3,160 6,019 15,227
Stock dividend ratio % - 10.0% 2.5% 5% 19.0%

Financial Position Financial Position


Statement of Financial Position Authorised Capital (RO000) 250,000 150,000 150,000 150,000 100,000
Assets Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 1,518,052 1,388,871 1,104,917 927,392 768,606 Book value / Net assets per share 0.159 0.154 0.146 0.139 0.150
Cash & bank balances 184,077 89,180 124,958 33,444 30,125 Equity Ratio % 12% 12.1% 13.8% 15.2% 12.9%
Investments 160,334 138,225 80,608 114,095 108,453 Debt Ratio % 86% 86% 84% 82% 84%
Tangible assets 17,604 17,457 16,576 12,075 10,195 Loans, advances / Deposits, borrowings % 93% 98% 99% 103% 98%
Other assets 18,198 11,078 12,322 12,224 12,225
Capital adequacy (Risk asset) ratios
Total assets 1,898,265 1,644,811 1,339,485 1,099,230 929,604
as a % Total regulatory capital 14.48% 13.96% 14.62% 16.85% 17.46%
Liabilities
as a % of Tier 1 capital 11.90% 12.22% 12.21% 13.47% 12.60%
Deposits 1,300,837 1,076,190 955,055 738,407 668,911
Net Profit / Total Dividend (RO 000)
Borrowings 330,834 333,862 165,276 166,286 114,331
Other liabilities 39,311 35,229 34,259 27,023 26,150 Net Profit Total Dividend
30000
Total liabilities 1,670,982 1,445,281 1,154,590 931,716 809,392
24000
Equity
18000
Share capital 142,504 129,549 126,389 120,370 80,143
12000
Retained earnings 17,817 15,663 13,683 12,988 15,845
6000
Others 66,962 54,318 44,823 34,156 24,224
0
Net-worth 227,283 199,530 184,895 167,514 120,212 2011 2012 2013 2014 2015

Investment 23
Alizz islamic bank S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Banking activities as per the Sharia principles.
300000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Number of employees : 226,Omanis : 202, Expatriate : 24 240000
GCC

Key Staff Arabs not GCC 180000


Chief Executive Officer : The Honorable Salaam Said Al Shaksy Foreigners

120000
Main Shareholders (Holding 5% and more shares)
Abar Investments : 20.00%
First Energy Oman : 15.00% 60000
Tasameem Real Estates : 15.00% Omani GCC Arabs not GCC Foreigners Total
Huriah Company : 10.00% Nos 1,788 31 - 2 1,821
Al Khonji Holding LLC : 5.844% Value 31,785,095 22,611,705 - 9,603,200 64,000,000 0
2011 2012 2013 2014 2015
Civil Service Employees Pension Fund : 5.516% % 50% 35% - 15% 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
HH Al Sayyid Taimur A Al Said : Chairman 2014 2015
Mr. Mohamed Ali Al Fahim : Vice Chairman 0.120
Mr. Shabib Mohamed Al Darmaki : Member
0.105
Mr. Ahmed Abdullah Al Khonji : Member
Mr. Khalifa Hamad Al Mheiri : Member 0.090
Mr. Mohamed Shukry Ghanem : Member
Mr. Malcolm McKinnon : Member 0.075

0.060
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 26,076 63 85,345 88,542 -
Value of Trading (RO000) 1,934 6,676 9,256 9,466 -
Other Information
No of trades executed 1,430 3,159 3,159 2,054 -
Established : 2nd December 2012
Yearly High price (RO) 0.097 0.110 0.115 0.113 -
Auditors : E&Y
Yearly low price (RO) 0.064 0.090 0.105 0.101 -
Legal Advisor : Maimuna Al Suliamani
Closing price (RO) 0.064 0.094 0.108 0.110 -
Price Earnings Ratio (Multiplier) (11.951) (17.095) (36) (55) -
Market Capitalisation (RO000) 64,000 94,000 108,000 110,000 -

24 Bank
Alizz islamic bank S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income - - - - - Cashflow from operating activities 5,793 (51,896) (6,379) - -
Interest expense - - - - - Cashflow from investing activities 931 16,199 (30,636) - -
Net Income - - - - - Cashflow from financing activities - - - 101,236 -
Income from financing & 6,088 1,418 735 - - Net change in cash & cash equivalents 6,724 (35,696) (37,015) 101,236 -
Investing activties
Return on unrestricted
investment account holders (68) (3) - - - Key Financial indicators
Net income 6,020 1,414 735 - - Profitability
Other income (25) 519 (25) - - Net Profit ratio % 0% (284%) - -
Total Income 5,995 1,932 710 - -
Return on Equity % (6%) (6%) (3.3%) (0.3%) -
Operating expenses (12,176) (8,550) (3,941) (168) -
Earning per share (RO) (0.005) (0.005) (0.003) (0.002) -
Income Tax 825 1,118 - - -
Cash dividend (RO000) - - - - -
Net profit for the year (5,356) (5,499) (3,232) (168) -
Cash dividend ratio % - - - - -
Other comprehesnive income - - - - -
Stock dividend (RO000) - - - - -
Total comprahensive income (5,356) (5,499) (3,232) (168) -
Stock dividend ratio % - - - - -
Financial Position Financial Position
Statement of Financial Position
Authorised Capital (RO000) 200,000 200,000 200,000 200,000 -
Assets
Par value per share (RO) 0.100 0.100 0.100 0.100 -
Loans & Advances 199,441 69,998 3,956 - -
Book value / Net assets per share 0.086 0.091 0.097 0.100
Cash & bank balances 37,318 33,649 64,346 101,236 -
Equity Ratio % 34% 76% 97% 99% -
Investments 5,483 7,447 24,898 - -
Debt Ratio % 56% 14% - - -
Tangible assets 3,934 3,862 2,768 - -
Other assets 6,552 4,663 3,749 - - Loans, advances / Deposits, borrowings % 140% - - - -

Total assets 252,728 119,619 99,717 101,236 - Capital adequacy (Risk asset) ratios
Liabilities as a % Total regulatory capital 35.20% 96.30% 97.07% - -
Deposits 140,515 11,323 487 - - as a % of Tier 1 capital 34.22% 95.43% 97.02% - -
Borrowings 1,925 5,000 - - -
Net Profit / Total Dividend (RO 000)
Other liabilities 3,485 7,889 1,832 1,114 -
Net Profit Total Dividend
Total liabilities 145,925 24,212 2,319 1,114 -
6000
Equity of unrestricted account 20,867 4,032 608 -
holders 3600
Equity 1200
0
Share capital 100,000 100,000 100,000 100,000 - -1200
Retained earnings (14,256) (8,900) (3,401) (168) -
-3600
Others 192 275 191 290 -
-6000
Net-worth 85,936 91,375 96,790 100,122 - 2011 2012 2013 2014 2015

Investment 25
Bank Dhofar S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Commercial Banking
600000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani 500000
Omani: 1261, Expatriates: 110 - Total: 1371
GCC
400000
Key Staff Arabs not GCC
Abdul Hakeem Omar Awadh Al Ojaili : ACEO Foreigners
300000

Main Shareholders (Holding 5% and more shares)


Dhofar International Development & Investment Holding 200000
Company (S.A.O.G)
: 28.00%
Civil Services Pension Fund : 10.00%
Omani GCC Arabs not GCC Foreigners Total 100000
Milton Trading & investment Company : 9.946%
Ministry of Defense Pension Fund : 8.58% Nos 549 30 - 3 582

H.E. Yousuf bin Alawi bin Abdullah & his companies : 8.268% Value 326,687,297 3,578,994 - 305,566 330,571,857 0
2011 2012 2013 2014 2015
Public Authority of Social Insurance : 8.198% % 99% 1% - - 100%

Qais Omani Establishment LLC : 6.269%


Share Closing Price Index - Monthly for 2 years

2014 2015
0.450
Board of Directors
H.E. Engr. Abdul Hafidh Salim Rajab Al Aujaili : Chairman
Sheikh Hamoud bin Mustahail Al Mashani : Vice Chairman
0.325
Sheikh Qais bin Mustahail Al Mashani : Member
Mr. Saleh bin Nasser Al Araimi : Member
Mr. Ahmed bin Said Al Mahrezi : Member
Mr. Mohammed bin Yousuf Al Ibrahim : Member 0.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Tariq Abdul Hafidh Al Aujaili : Member
Eng. Abdul Sattar bin Mohammed Al Murshidi : Member Trading Information 2015 2014 2013 2012 2011
Mr. Zakariya bin Mubarak Al Zadjali : Member No of Shares Traded (000) 19,915 56,570 42,398 18,144 9,705
Value of Trading (RO000) 5,505 20,494 15,899 7,924 6,554
No of trades executed 897 1,878 3,205 1,610 1,166
Yearly High price (RO) 0.370 0.400 0.416 0.602 0.799
Other Information Yearly low price (RO) 0.206 0.280 0.340 0.320 0.500
Established : 1990 Closing price (RO) 0.214 0.354 0.362 0.357 0.547
Auditors : Ernst and Young Price Earnings Ratio (Multiplier) 7.133 11.8 7.542 11.516 36.467
Legal Advisor : Mohammed Abdel Hafiz Mohamed Market Capitalisation (RO000) 330,572 475,507 438,066 392,742 500,635

26 Bank
Bank Dhofar S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Cashflow
Statement of Comprehensive Income
Interest income 118,173 106,782 100,037 93,701 83,189 Cashflow from operating activities (180,885) 168,826 204,482 (25,248) 29,933
Interest expense (33,695) (33,202) (33,696) (29,332) (22,871) Cashflow from investing activities (7,183) (3,466) (15,681) (1,216) 2,921
Net Income 84,478 73,580 66,341 64,369 60,318 Cashflow from financing activities 104,073 11,933 (16,502) (19,907) 39,831
Income from Islamic banking 7,683 3,625 188 - - Net change in cash & cash equivalents (83,995) 177,293 172,299 (46,371) 72,685
Distribution to depositors (1,954) (417) (15) - -
Key Financial indicators
Net income from Islamic banking 5,729 3,208 173 - -
Other income 25,019 22,063 23,044 19,724 18,273
Profitability
Net Profit ratio % 55% 38% 58% 40% 17%
Total Income 115,226 98,851 89,558 84,093 78,591
Return on Equity % 10% 12.9% 20.7% 15.4% 6.1%
Operating expenses (62,725) (53,097) (23,421) (41,193) (62,732)
Earning per share (RO) 0.030 0.030 0.048 0.031 0.015
Income Tax (5,736) (5,301) (7,730) (5,155) (1,883)
Net profit for the year 46,765 40,453 58,407 37,745 13,976 Cash dividend (RO000) 23,171 6,716 16,942 16,502 6,407

Other comprehesnive income 373 (1,800) 198 642 (1,922) Cash dividend ratio % 15% 5.0% 14% 15% 7.0%

Total comprahensive income 47,138 38,653 58,605 38,387 12,054 Stock dividend (RO000) 15,447 20,149 13,311 11,001 18,488
Stock dividend ratio % 10% 15.0% 11% 10% 20.2%

Financial Position Financial Position


Statement of Financial Position Authorised Capital (RO000) 220,000 220,000 220,000 220,000 100,000
Non-current Assets Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 2,867,342 2,345,869 2,023,280 1,769,918 1,549,979 Book value / Net assets per share 0.308 0.242 0.251 0.238 0.250
Cash & bank balances 439,833 584,370 345,758 208,495 249,305 Equity Ratio % 13% 10.2% 11.7% 12.2% 11.7%
Investments 205,193 176,874 178,001 111,974 117,431 Debt Ratio % 84% 86% 85% 84% 85%
Tangible assets 8,795 9,683 10,903 9,432 8,505 Loans, advances / Deposits, borrowings % 95% 85% 91% 98% 93%
Other assets 71,898 77,331 47,437 44,011 35,371 Capital adequacy (Risk asset) ratios
Total assets 3,593,061 3,194,127 2,605,379 2,143,830 1,960,591
as a % Total regulatory capital 14.70% 14.05% 14.09% 14.96% 14.79%
Liabilities as a % of Tier 1 capital 12.68% 10.76% 11.07% 10.92% 11.16%
Deposits 2,592,371 2,482,179 2,031,746 1,634,628 1,519,318
Net Profit / Total Dividend (RO 000)
Borrowings 412,739 278,888 181,334 163,675 147,538
Other liabilities 111,422 107,742 88,692 84,023 64,498 Net Profit Total Dividend
60000
Total liabilities 3,116,532 2,868,809 2,301,772 1,882,326 1,731,354
50000
Equity 40000
Share capital 154,473 134,324 121,013 110,012 91,524 30000
Retained earnings 45,484 55,747 64,592 73,016 22,086 20000
Others 276,572 135,247 118,002 78,476 115,627 10000
0
Net-worth 476,529 325,318 303,607 261,504 229,237 2011 2012 2013 2014 2015

Investment 27
Bank Muscat S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Custodian
Investment Advice & Research 15000000 Assets Market Capitalisation Net-worth Equity
Issue Management 13750000
Issuer of Structured Instruments Omani 12500000
Managing Investment Funds
GCC 11250000
Margin Financing
Marketing non-Omani Securities 10000000
Arabs not GCC
Portfolio Management 8750000
Foreigners
Address 7500000
Building No. 120/4, Block No.: 311 Airport Heights Seeb Street No.: 62, P.O.Box: 134, 6250000
P.C: 112, Ruwi, Sultanate of Oman 5000000
Contact 3750000
Tel: 24768888, Fax: 24797865, Email: info@bankmuscat.com
2500000
Website: http://www.bankmuscat.com Arabs
Omani GCC Foreigners Total 1250000
No of staff not GCC
Omani: 3277, Expatriates: 216 - Total: 3493 Nos 6,929 213 6 16 7,164 0
2011 2012 2013 2014 2015
Value 925,823,308 155,063,636 53,030 798,771 1,081,738,745
Key Staff
% 86% 14% - - 100%
AbdulRazak Ali Issa : CEO
Share Closing Price Index - Monthly for 2 years
Main Shareholders (Holding 5% and more shares)
Royal Court Affairs : 23.58% 2014 2015
Dubai Financial Group LLC : 12.33% 0.800
HSBC A/C Ministry of Defence Pension Fund : 6.479%
0.666
Board of Directors
Sheikh Khalid bin Mustahail Al Mashani : Chairman of the Board 0.533
Mr. Sulaiman bin Mohamed Al Yahyai : Member
Brig. General Nasser bin Mohamed Al Harthy : Member
0.400
Mr. Hamoud bin Ibrahim Al Zadjali : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. K.K. Abdul Razak : Member
Sheikh Said bin Mohammed Al Harthy : Member Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 365,735 386,673 335,596 216,400 240,601
Sheikh Saud bin Mustahail Al Mashani : Member
Ms. Farida Khambata : Member Value of Trading (RO000) 193,223 255,549 205,901 130,162 189,344
Mr. Khalid Nassir Al Shamsi : Member No of trades executed 17,334 22,260 27,006 29,342 47,626
Yearly High price (RO) 0.644 0.784 0.656 0.774 1.038
Yearly low price (RO) 0.458 0.490 0.570 0.490 0.645
Other Information
Closing price (RO) 0.472 0.582 0.636 0.576 0.766
Established : Jul 06, 1982
Price Earnings Ratio (Multiplier) 6.166 7.800 8.833 7.890 11.785
Auditors : E&Y
Market Capitalisation (RO000) 1,081,740 1,270,325 1,368,838 1,174,182 1,186,059
Legal Advisor : Empaneled Legal Firms

28 Bank
Bank Muscat S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 332,514 324,576 319,524 320,468 286,958 Cashflow from operating activities 482,058 366,948 (235,032) 172,106 258,867
Interest expense (90,661) (97,660) (96,878) (90,063) (74,839) Cashflow from investing activities (215,300) 7,863 (28,201) (48,735) (50,656)
Net Income 241,853 226,916 222,646 230,405 212,119 Cashflow from financing activities (54,567) (60,224) 11,317 (17,280) 117,373
Income from Islamic banking 25,842 20,381 14,435 - - Net change in cash & cash equivalents 212,191 314,587 (251,916) 106,091 325,584
Distribution to depositors (7,184) (3,659) (1,759) - -
Key Financial indicators
Net income from Islamic banking 18,658 16,722 12,676 - -
Other income 147,225 139,472 104,834 93,247 82,125 Profitability
Total Income 407,736 383,110 340,156 323,652 294,244 Net Profit ratio % (Net Profit/Total Income) 73% 72% 45% 43% 40%
Operating expenses (Incld. Return on Equity % 13% 12% 13.4% 14.7% 14.7%
Impairments) (210,218) (196,840) (165,263) (166,897) (158,035)
Earning per share (RO) 0.077 0.075 0.072 0.073 0.065
Income Tax (22,067) (23,043) (22,701) (17,549) (18,663)
Cash dividend (RO000) 57,296 54,567 53,807 50,963 38,709
Net profit for the year 175,451 163,227 152,192 139,206 117,546
Cash dividend ratio % 25% 25% 25% 25% 25%
Other comprehesnive income (3,252) 6,903 10,065 5,281 (9,698)
Stock dividend / Mandatory Conv. Bonds 11,459 10,913 32,284 30,578 23,226
Total comprahensive income 172,199 170,130 162,257 144,487 107,848 (RO000)
Stock dividend ratio % (Mand. Conv. Bonds) 5% 5% 15% 15% 15%
Financial Position Financial Position
Statement of Financial Position
Authorised Capital (RO000) 350,000 350,000 350,000 250,000 250,000
Assets
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 7,330,215 6,785,915 6,142,846 5,600,952 4,819,432
Book value / Net assets per share 0.610 0.601 0.563 0.518 0.541
Cash & bank balances 3,403,543 1,875,770 1,449,291 1,389,416 1,694,964
Equity Ratio % 11% 13% 14.3% 13.3% 11.6%
Investments 1,566,130 788,219 598,587 651,314 392,448
Debt Ratio % 86% 82% 81% 82% 83%
Tangible assets 76,621 71,864 66,651 69,263 71,792
Loans, advances / Deposits, borrowings % 68% 85% 89% 87% 80%
Other assets 168,020 206,550 229,075 202,724 249,365
Total assets 12,544,529 9,728,318 8,486,450 7,913,669 7,228,001 Capital adequacy (Risk asset) ratios
Liabilities as a % Total regulatory capital 16.31% 16.06% 16.50% 16.32% 15.93%
Deposits (including Inter-bank 10,223,011 7,516,928 6,361,727 6,128,370 5,581,416 as a % of Tier 1 capital 13.62% 13.14% 13.15% 12.64% 11.30%
deposits)
Net Profit / Total Dividend (RO 000)
Borrowings 526,290 492,668 511,204 330,660 427,425
Net Profit Total Dividend
Other liabilities 398,269 406,655 401,225 398,175 380,892
200000
Total liabilities 11,147,570 8,416,251 7,274,156 6,857,205 6,389,733
160000
Equity 120000
Share capital 229,183 218,269 215,226 203,851 154,838
80000
Retained earnings 295,992 851,398 202,774 178,345 152,786
40000
Others 871,784 242,400 794,294 674,268 530,644
0
Net-worth 1,396,959 1,312,067 1,212,294 1,056,464 838,268 2011 2012 2013 2014 2015

Investment 29
Bank Nizwa S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Retail Islamic Banking
400000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 252., Expatriates: 38 - Total: 290
GCC 300000

Key Staff Arabs not GCC


Dr.Jamil El Jaroudi : CEO Foreigners
200000

Main Shareholders (Holding 5% and more shares)


Civil Pension Fund : 6.874%
100000
Al Ghadeer Investment : 6.667%
Diwan of Royal Court Pension Fund : 5% Arabs not
Omani GCC Foreigners Total
GCC
Nos 16,392 237 2 7 16,638 0
2011 2012 2013 2014 2015
Value 103,898,944 1,093,069 1,307 6,680 105,000,000
% 99% 1% - - 100%
Share Closing Price Index - Monthly for 2 years
Board of Directors
Sayyid Amjad Mohamed Ahmed Al-Busaidi : Chairman 2014 2015

Sheikh Abdulaziz Saud Ali Al Khalili : Vice Chairman 0.120

Mr. Musabah Saif Musabah Al-Mutairy : Member


Sheikh Yousuf Yaqoob Hamed Al Harthi : Member
Sheikh Saif Hilal Nasser Al Mawali : Member 0.085
Sheikh Muadh Salim Ahmed Al Ghazali : Member
Sheikh Ahmed bin Saif Al Rawahi : Member
Dr. Said bin Mohammed Al Saqri : Member 0.050
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 326,968 293,997 259,378 5,060,138 -
Value of Trading (RO000) 24,962 27,089 28,536 54,422 -
Other Information No of trades executed 8,470 5,930 10,526 23,088 -
Established : 2012 Yearly High price (RO) 0.096 0.104 0.120 0.122 -
Auditors : KPMG Yearly low price (RO) 0.060 0.072 0.100 0.099 -
Legal Advisor : Tariq Mohammed Osman
Closing price (RO) 0.070 0.080 0.102 0.106 -
Price Earnings Ratio (Multiplier) (19.963) (14.0) (12.8) - -
Market Capitalisation (RO000) 105,000 120,000 153,000 - -

30 Bank
Bank Nizwa S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income - - - - - Cashflow from operating activities (92,059) (55,556) (23,997) - -
Interest expense - - - - - Cashflow from investing activities (21,268) 26,166 (92,600) - -
Net Income - - - - - Cashflow from financing activities 86,040 33,861 163,261 - -
Income from Islamic banking 10,063 5,111 2,837 - - Net change in cash & cash equivalents (27,287) 4,471 46,664 - -
Distribution to depositors (1,312) 747 (61) - -
Net income from Islamic banking 8,751 5,858 2,776 - -
Key Financial indicators
Other income 3,162 1,660 81 - - Profitability
Total Income 11,913 7,518 2,857 - - Net Profit ratio % (60%) (132%) (443%) - -
Pre-incorporation - - (749) - - Return on Equity % (3%) (4%) (9%) - -
Pre-operating expenses - - (3,172) - - Earning per share (RO) (0.004) (0.005) (0.008) - -
Operating expenses (17,381) (16,263) (12,933) - - Cash dividend (RO000) - - - - -
Income Tax 208 1,036 1,692 - - Cash dividend ratio % - - - - -
Net profit for the year (5,260) (7,709) (12,305) - - Stock dividend (RO000) - - - - -
Other comprehesnive income - - - - - Stock dividend ratio % - - - - -
Total comprahensive income (5,260) (7,709) (12,305) - -
Financial Position
Financial Position Authorised Capital (RO000) 300,000 300,000 300,000 - -
Statement of Financial Position Par value per share (RO) 0.100 0.100 0.100 - -
Assets Book value / Net assets per share 0.084 0.088 0.093 - -
Loans & Advances 75,758 51,152 30,594 - -
Equity Ratio % 58% 69% 71% - -
Cash & bank balances 27,566 45,693 81,810 - -
Debt Ratio % 38% 27% - - -
Investments 207,403 146,018 73,879 - -
Loans, advances / Deposits, borrowings % 57% 75% 57% - -
Tangible assets 5,796 4,478 4,395 - -
Other assets 29,572 5,765 5,319 - - Capital adequacy (Risk asset) ratios
Total assets 346,094 253,106 195,997 - - as a % Total regulatory capital 35.79% 46.37% 72.67% - -
Liabilities as a % of Tier 1 capital 34.68% 45.68% 72.43% - -
Deposits 115,044 51,440 28,064 - - Net Profit / Total Dividend (RO 000)
Borrowings 16,940 16,902 25,179 - - Net Profit Total Dividend
Other liabilities 13,093 10,304 3,642 - - 15000
Total liabilities 145,076 78,646 56,885 - - 9000
Equity 3000
Share capital 150,000 150,000 150,000 - - 0
-3000
Retained earnings (25,274) (20,014) (12,305) - -
-9000
Others 76,293 44,474 1,417 - -
-15000
Net-worth 201,019 174,460 139,112 - - 2011 2012 2013 2014 2015

Investment 31
Bank Sohar S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Commercial Banking
2500000 Assets Market Capitalisation Net-worth Equity
No of staff 2250000
Omani
Omani: 660, Expatriates: 55 - Total: 715 2000000
GCC
1750000
Key Staff Arabs not GCC
1500000
Rashad Ali Al Musafir, Acting CEO Foreigners
1250000

1000000
Main Shareholders (Holding 5% and more shares)
Oman Investment & Finance Co. S.A.O.G : 15.311% 750000
The Royal Court Affairs : 14.569% 500000
Oman Investment Fund : 7.645% Arabs not
Omani GCC Foreigners Total 250000
Alratib Trading Establishment : 5.781%
GCC
Nos 4,005 20 1 5 4,031 0
2011 2012 2013 2014 2015
Value 225,685,220 588,692 5,192 26,976 226,306,080
% 100% - - - 100%
Share Closing Price Index - Monthly for 2 years
Board of Directors
Mr. Abdullah Humaid Said Al Mamary : Chairman 2014 2015

Sheikh Hassan Ahmed Al Nabhani : Deputy Chairman 0.280

Mr. Salim Mohammed Al Mashaikhy : Member


Mr. Omar Ahmed Abdullah Al Shaikh : Member
Mr. Ghazi Nasser Salim Al Alawi : Member 0.205
Mr Kumaraswamy Kannan : Member
Mr. Said Ahmed Safrar : Member
0.130
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 138,503 315,214 473,576 338,342 222,128
Value of Trading (RO000) 26,241 73,924 91,523 53,103 36,090
Other Information No of trades executed 4,018 8,890 13,009 8,317 16,617
Established : 2007 Yearly High price (RO) 0.245 0.272 0.224 0.179 0.214
Auditors : Earnest & Young L.L.C. Yearly low price (RO) 0.155 0.166 0.167 0.134 0.133
Nasser Al Habsi & Saif Al Mamari Law Firm in associa-
Legal Advisor : tion with Addleshaw Goddard (Middle East) LLP. Closing price (RO) 0.157 0.220 0.207 0.176 0.158
Price Earnings Ratio (Multiplier) 8.263 8.4 8.4 7.7 10.9
Market Capitalisation (RO000) 226,306 251,680 227,700 1,760,000 158,000

32 Bank
Bank Sohar S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. ............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 75,167 73,197 72,327 72,243 60,815 Cashflow from operating activities (135,045) 207,283 130,395 (15,227) 2,519
Interest expense (25,321) (25,605) (28,801) (30,349) (26,058) Cashflow from investing activities (74,379) (5,569) (11,416) (4,791) (14,546)
Net Income 49,846 47,592 43,526 41,894 34,757 Cashflow from financing activities 31,840 (7,971) 6,284 (8,000) (6,000)
Income from Islamic banking 2,228 1,689 378 - - Net change in cash & cash equivalents (177,584) 193,743 125,263 (28,018) (18,027)
Distribution to depositors - - - - -
Key Financial indicators
Net income from Islamic banking 2,228 1,689 378 - -
Other income 18,836 21,038 15,306 10,423 8,429 Profitability
Total Income 70,910 70,319 59,210 52,317 43,186 Net Profit ratio % 37% 41% 37% 32% 24%
Operating expenses/ Include Return on Equity % 12.5% 16.5% 17.0% 16.8% 11.5%
(39,166) (37,120) (29,073) (26,401) (26,663)
Load provision
Earning per share (RO) 0.020 0.026 0.025 0.023 0.0145
Income Tax (3,998) (3,321) (3,266) (2,905) (2,026)
Cash dividend (RO000) 7,207 4,576 4,400 3,850 8,000
Net profit for the year 27,746 29,878 26,871 23,011 14,497
Cash dividend ratio % 5% 4.0% 4.0% 3.5% 8%
Other comprehesnive income (2,070) (4,671) 384 1,263 (3,169)
Stock dividend (RO000) 14,414 6,864 4,400 7,150 -
Total comprahensive income 25,676 25,207 27,255 24,274 11,328
Stock dividend ratio % 10% 6.0% 4.0% 6.5% -
Financial Position
Financial Position
Statement of Financial Position Authorised Capital (RO000) 200,000 200,000 200,000 200,000 100,000

Assets Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 1,647,311 1,423,277 1,284,039 1,146,023 1,019,554 Book value / Net assets per share 0.176 0.168 0.156 0.145 0.129
Cash & bank balances 250,669 372,246 402,475 457,135 293,073 Equity Ratio % 11.5% 9.3% 9.1% 8.1% 9.0%
Investments 280,218 243,412 209,261 155,586 85,659 Debt Ratio % 87% 89% 90% 90% 88%
Tangible assets 13,422 12,804 13,234 12,187 14,157 Loans, advances / Deposits, borrowings % 86% 77% 74% 71% 81%
Other assets 16,005 23,656 12,611 16,235 19,534 Capital adequacy (Risk asset) ratios
Total assets 2,207,625 2,075,395 1,885,620 1,787,166 1,431,977 as a % Total regulatory capital 13.39% 13.05% 13.63% 13.75% 14.22%
Liabilities as a % of Tier 1 capital 11.60% 10.24% 10.02% 9.66% 9.30%
Deposits 1,482,487 1,551,696 1,392,386 1,337,400 1,171,437
Net Profit / Total Dividend (RO 000)
Borrowings 440,453 302,443 297,620 274,048 93,136
Net Profit Total Dividend
Other liabilities 31,523 29,180 24,345 30,838 38,718 30000
Total liabilities 1,954,463 1,883,319 1,714,351 1,642,286 1,303,291
24000
Equity 18000
Share capital 144,144 114,400 110,000 100,000 100,000
12000
Retained earnings 41,542 43,844 35,679 33,145 24,602
6000
Others 67,476 33,832 25,590 11,735 4,084
0
Net-worth 253,162 192,076 171,269 144,880 128,686 2011 2012 2013 2014 2015

Investment 33
HSBC Bank Oman S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Retail, Commercial and Investment Banking activities
3000000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 911, Expatriates: 79, Total: 990 Omani 2500000
GCC
2000000
Key Staff Arabs not GCC
Andrew P Long : Chief Executive Officer Foreigners
1500000
Sulaiman Al Lamki : General Manager and Chief Risk Officer
Daniel Felton : General Manager, Head of Commercial Banking
Ali M Al Abri : General Manager, Head of Human Resources 1000000

Baha Uddin : Assistant General Manager, Financial Crime Compliance


Thottingal Biju : General Manager, Head of Legal Arabs not 500000
Ahmed El Damaty : General Manager and Chief Financial Officer Omani GCC Foreigners Total
GCC
General Manager, Head of Retail Banking & Wealth
AbdulQader Al Sumali : Management Nos 2,559 37 44 798 3,438 0
2011 2012 2013 2014 2015
Saud Al Shidhani : General Manager, Chief Operating Officer Value 819,091,424 68,599,564 1,579,978 1,039,041,824 2,000,312,790
Mumtaz Yousuf : General Manager and Treasurer, Global Markets % 45% 3% - 52% 100%
Khalid Al Sulaimi : Assistant General Manager, Head of Regulatory Compliance Share Closing Price Index - Monthly for 2 years
Adel Ayad Attia : General Manager, Head of internal Audit 2014 2015
0.200
Main Shareholders (Holding 5% and more shares) 0.176
HSBC Middle East Holdings BV : 51%
0.152

0.128
Board of Directors
0.104
David Gordon Eldon : Chairman
Brig. (Retd.) Waleed Omar Al Zawawi : Vice Chairman 0.080
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dr. Juma Ali Juma Al Juma : Member
Aimen Ahmed Sultan Al Hosni : Member Trading Information 2015 2014 2013 2012 2011
Abdulfattah Sharaf : Member No of Shares Traded (000) 1,094,688 169,518 128,387 73,198 94,293
Rob Underwood : Member
Value of Trading (RO000) 121,642 28,238 24,595 18,092 25,573
Robin D. Jones : Member
No of trades executed 2,227 4,183 5,765 5,432 8,322
Yearly High price (RO) 0.152 0.184 0.215 0.294 0.292
Other Information Yearly low price (RO) 0.100 0.110 0.166 0.206 0.231
Established : 1 January 1979 Closing price (RO) 0.100 0.141 0.176 0.208 0.280
Auditors : PricewaterhouseCoopers(PwC) Price Earnings Ratio (Multiplier) 16.667 23.500 35.2 52.0 17.5
Legal Advisor : Biju Thottingal Market Capitalisation (RO000) 200,031 282,044 352,055 416,065 271,055

34 Bank
HSBC Bank Oman S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 56,057 56,106 57,138 49,515 26,342 Cashflow from operating activities (70,324) (112,987) 157,323 62,310 97,295
Interest expense (6,893) (7,243) (9,050) (9,439) (4,258) Cashflow from investing activities 42,624 157,175 (143,442) 42,900 (140,958)
Net Income 49,164 48,863 48,088 40,076 22,084 Cashflow from financing activities (11,312) (7,604) (2,000) 20,551 -
Income from Islamic banking - - - - - Net change in cash & cash equivalents (39,012) 36,584 11,881 125,761 (43,663)
Distribution to depositors - - - - -
Key Financial indicators
Net income from Islamic banking - - - - -
Other income 24,371 22,131 20,644 20,453 12,767 Profitability
Total Income 73,535 70,994 68,732 60,529 34,851 Net Profit ratio % 26% 25% 19% 12% 70%
Operating expenses/include loan Return on Equity % 4.2% 4% 3.6% 2.8% 14.6%
(58,174) (58,200) (57,840) (53,358) (17,746)
imapirment charges
Earning per share (RO) 0.006 0.006 0.005 0.004 0.016
Income Tax (2,431) (545) (2,267) (1,375) (1,577)
Cash dividend (RO000) 7,758 11,024 7,604 2,000 10,891
Net profit for the year 12,930 12,249 10,863 5,796 15,528
Cash dividend ratio % 3.9% 5.5% 3.8% 1.0% 11.3%
Other comprehesnive income (3,267) (615) 2,847 1,373 140
Stock dividend (RO000) - - - - 1,210
Total comprahensive income 9,663 11,634 13,710 7,169 15,668
Stock dividend ratio % - - - - 1.25%
Financial Position
Financial Position
Statement of Financial Position Authorised Capital (RO000) 750,000 750,000 750,000 750,000 100,000

Assets Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 1,200,808 1,161,313 980,472 1,194,443 454,280 Book value / Net assets per share 0.154 0.155 0.153 0.147 0.118
Cash & bank balances 288,007 335,909 311,940 304,398 142,781 Equity Ratio % 14% 13.8% 13.8% 12.2% 11.8%
Investments 632,920 666,151 823,311 680,672 304,738 Debt Ratio % 83.6% 83.9% 82.6% 78.7% 79.7%
Tangible assets 26,917 30,012 31,068 30,062 1,458 Loans, advances / Deposits, borrowings % 65% 62% 53% 63% 59%
Other assets 51,290 49,527 74,097 203,241 66,871 Capital adequacy (Risk asset) ratios
Total assets 2,199,942 2,242,912 2,220,888 2,412,816 970,128 as a % Total regulatory capital 19.42% 18.24% 20.19% 16.03% 17.25%
Liabilities as a % of Tier 1 capital 18.36% 17.15% 19.05% 15.10% 16.59%
Deposits 1,802,338 1,852,339 1,792,703 1,851,567 747,750
Net Profit / Total Dividend (RO 000)
Borrowings/Due to banks 36,211 29,215 41,830 46,170 25,699
Net Profit Total Dividend
Other liabilities 52,877 51,481 80,508 220,942 82,545 20000
Total liabilities 1,891,426 1,933,035 1,915,041 2,118,679 855,994
16000
Equity 12000
Share capital 200,031 200,031 200,031 200,031 96,805
8000
Retained earnings 71,125 69,316 65,505 58,562 67,119
4000
Others 37,360 40,530 40,311 35,544 (49,790)
0
Net-worth 308,516 309,877 305,847 294,137 114,134 2011 2012 2013 2014 2015

Investment 35
National Bank of Oman S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Banking and investment.
4000000 Assets Market Capitalisation Net-worth Equity
No of staff
3500000
Omani
Omani: 1196, Expatriates: 173 - Total: 1369
GCC 3000000

Key Staff Arabs not GCC 2500000


Ahmed Jaffer Al Musalmi : Chief Executive Officer Foreigners
2000000

Main Shareholders (Holding 5% and more shares) 1500000


The Commercial Bank of Qatar : 34.9%
1000000
Suhail Bahwan Group (Holdings) L.L.C : 14.74%
Civil Services Pension Fund : 10.73% Omani GCC Arabs not GCC Foreigners Total 500000
HSBC A/C Ministry of Defence Pension Fund : 7.65% Nos 411 5 - - 416
Value 8,958,785 341,215 - - 9,300,000 0
Public Authority for Social Insurance - PASI : 6.46% 2011 2012 2013 2014 2015
% 96% 4% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Mohammed Mahfoodh Al Ardhi : Chairman
0.400
Sheikh Abdullah Bin Ali Bin Jabor Al Thani : Vice Chairman
Sayyidah Rawan Ahmed Al Said : Director
H.E. Abdulrahman Hamad Al Attiyah : Director
Mr. Suresh M Shivdasani : Director 0.325
Mr. Omar Suhail Bahwan : Director
Mr. Mohammed Ismail Al Emadi : Director
Mr. Hamad Mohammed Al Wahaibi : Director 0.250
Mr. Saif Said Al Yazidi : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Faisal Abdullah Al Farsi : Director
Trading Information 2015 2014 2013 2012 2011
Mr. Andrew Charles Stevens : Director
No of Shares Traded (000) 54,005 126,977 146,364 76,604 60,030
Value of Trading (RO000) 17,540 42,920 42,949 22,167 19,303
Other Information No of trades executed 2,607 4,636 5,441 4,012 6,129
Established : 1973 Yearly High price (RO) 0.380 0.410 0.328 0.327 0.355
Auditors : KPMG Yearly low price (RO) 0.260 0.274 0.267 0.260 0.289
Legal Advisor : Mustafa Al Hameid Closing price (RO) 0.267 0.316 0.322 0.285 0.320
Price Earnings Ratio (Multiplier) 5.933 7.7 8.7 7.7 10.3
Market Capitalisation (RO000) 357,970 385,149 356,786 315,787 345,920

36 Bank
National Bank of Oman S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 122,138 117,577 116,630 107,101 93,356 Cashflow from operating activities (33,399) (118,125) 219,681 31,745 13,394
Interest expense (30,539) (36,877) (41,891) (39,922) (35,169) Cashflow from investing activities (21,135) (15,335) (18,153) (15,571) (35,204)
Net Income 91,599 80,700 74,739 67,179 58,187 Cashflow from financing activities 83,280 (32,720) (1,391) (11,918) 7,885
Income from Islamic banking 3,728 2,017 335 - - Net change in cash & cash equivalents 28,746 (166,180) 200,137 4,256 (13,925)
Distribution to depositors (591) (257) (107) - -
Key Financial indicators
Net income from Islamic banking 3,137 1,760 228 - -
Other income 40,982 31,770 28,955 31,466 34,048 Profitability
Total Income 135,718 114,230 103,922 98,645 92,235 Net Profit ratio % 66% 43% 35% 38% 37%

Operating expenses (66,347) (56,736) (56,954) (51,965) (53,537) Return on Equity % 12% 13.8% 13.1% 13.9% 12.5%

Income Tax (9,265) (7,226) (5,591) (6,018) (4,496) Earning per share (RO) 0.045 0.041 0.037 0.037 0.0310

Net profit for the year 60,106 50,268 41,377 40,662 34,202 Cash dividend (RO000) 22,792 20,720 16,620 19,391 18,918
Other comprehesnive income 479 (203) 1,646 1,481 (2,570) Cash dividend ratio % 17% 17.0% 15.0% 17.5% 18.5%
Total comprahensive income 60,585 50,065 43,023 42,143 31,632 Stock dividend (RO000) 13,407 12,188 11,080 - 2,703
Stock dividend ratio % 10% 10.0% 10.0% - 2.5%

Financial Position Financial Position


Statement of Financial Position Authorised Capital (RO000) 200,000 200,000 200,000 200,000 160,000
Assets Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Loans & Advances 2,534,099 2,316,813 2,068,199 1,911,562 1,670,778 Book value / Net assets per share 0.384 0.297 0.296 0.275 0.260
Cash & bank balances 475,473 433,765 596,834 432,999 381,315 Equity Ratio % 16% 12.1% 11.3% 12.0% 12.6%
Investments 156,658 147,524 132,603 110,722 95,022 Debt Ratio % 82% 85% 86% 85% 84%
Tangible assets 34,671 23,204 20,104 20,498 20,505 Loans, advances / Deposits, borrowings % 95% 91% 83% 89% 89%
Other assets 62,534 54,788 78,601 62,037 61,452 Capital adequacy (Risk asset) ratios
Total assets 3,263,435 2,976,094 2,896,341 2,537,818 2,229,072
as a % Total regulatory capital 18.20% 14.60% 14.60% 14.40% 15.30%
Liabilities as a % of Tier 1 capital 16.30% 12.30% 11.80% 11.70% -
Deposits 2,249,826 2,177,742 2,179,159 1,886,754 1,599,824
Net Profit / Total Dividend (RO 000)
Borrowings 410,598 361,011 306,059 272,147 277,849
Other liabilities 88,354 75,812 83,039 74,465 70,172 Net Profit Total Dividend
80000
Total liabilities 2,748,778 2,614,565 2,568,257 2,233,366 1,947,845
60000
Equity
Share capital 134,071 121,883 110,803 110,803 108,100 40000
Retained earnings 106,089 83,152 66,206 65,069 55,682
20000
Others 274,497 156,494 151,075 128,580 117,445
0
Net-worth 514,657 361,529 328,084 304,452 281,227 2011 2012 2013 2014 2015

Investment 37
Al Madina Insurance Co S.A.O.G (Al Madina Takaful)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Insurance
60000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani 50000
Omani: 102, Expatriates: 47 - Total: 149
GCC
40000
Key Staff Arabs not GCC
Usama Al Barwani: Acting CEO Foreigners
30000

Main Shareholders (Holding 5% and more shares)


20000
MB Holding : 25.85%
Al Madina Investment : 8.64%
Ministry of Defense Funds : 5.60% Omani GCC Arabs not GCC Foreigners Total 10000
Nos 2,310 19 1 - 2,330
Value 12,552,037 1,447,771 252 - 14,000,000 0
2011 2012 2013 2014 2015
% 89.7% 10.3% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
H.E.Dr Mohammed Ali Al Barwani : Chairman 2014 2015

Eng. Abdulrahman Awadh Barham : Deputy Chairman 0.140

H.E.Sh Abdulrahman Mohammed Jabor Al Thani : Member 0.126


Eng. Khamis Mubarak Al Kiyumi : Member 0.112
Eng. Abdullah Ali Al Abdullah : Member
0.098
Mr. Hamed M Al Wahaibi : Member
Mr. Saleh Nasser Al Riyami : Member 0.084
Ms. Safana M.A.Al Barwani : Member 0.070
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 45,243 110,680 53,723 - -
Value of Trading (RO000) 3,951 13,353 7,725 - -
Other Information No of trades executed 3,131 8,694 5,567 - -
Established : 15th June 2006 Yearly High price (RO) 0.098 0.148 0.152 - -
Auditors : PricewaterhouseCoopers Yearly low price (RO) 0.071 0.072 0.130 - -
Legal Advisor : Mohsen Al Hadad & Amur Al Kiyumi Advocate
Closing price (RO) 0.080 0.088 0.130 - -
Price Earnings Ratio (Multiplier) 16.915 3.826 5.652 - -
Market Capitalisation (RO000) 14,000 15,400 21,667 - -

38 Insurance
Al Madina Insurance Co S.A.O.G (Al Madina Takaful) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 5,038 4,934 4,851 3,603 - Cashflow from operating activities 876 2,064 (916) 1,175 -
Operating expenses (4,141) (3,707) (2,990) (2,536) Cashflow from investing activities 904 (8,149) (1,127) (2,638) -
Other gains / (losses) - - - - - Cashflow from financing activities - (833) 8,881 3,895 -
Income Tax (69) (210) 484 - - Net change in cash & cash equivalents 1,780 (6,918) 6,838 2,432 -
Net profit for the year 828 1,017 2,345 1,067 -
Key Financial indicators
Other comprehesnive income 844 (334) (92) (566) -
Total comprahensive income 1,672 682 2,253 501 - Profitability
Net Profit ratio % 16% 21% 48% 30% -
Return on Equity % 4% 5% 11% 11% -
Financial Position
Earning per share (RO) 0.005 0.023 0.023 0.015 -
Statement of Financial Position
Cash dividend (RO000) 875 - 833 - -
Assets
Investments 15,767 16,477 8,940 8,201 - Cash dividend ratio % 5% 0.0% 5.0% - -

Receivables 19,026 18,508 15,385 11,481 - Stock dividend (RO000) - - - - -

Cash & bank balances 10,732 8,952 15,872 7,432 - Stock dividend ratio % - - - - -

Tangible assets 1230 947 913 787 - Financial Position


Other assets 1,013 1,940 1,075 536 - Authorised Capital (RO000) 25,000 25,000 25,000 25,000 -
Total assets 47,768 46,824 42,185 28,437 - Par value per share (RO) 0.100 0.100 0.100 0.100 -
Liabilities Book value / Net assets per share 0.120 0.120 0.127 0.100 -
Bank borrowings - - - - - Equity Ratio % 44% 45% 50% 35% -
Other liabilities 26,826 25,873 21,089 18,473 - Debt Ratio % - - - - -
Total liabilities 26,826 25,873 21,089 18,473 -
Equity
Share capital 17,500 17,500 16,667 10,000 -
Retained earnings 1,244 499 1,202 (812) -
Others 2,197 2,946 3,227 776 -
Net Profit / Total Dividend (RO 000)
Net-worth 20,941 20,945 21,096 9,964 -
Net Profit Total Dividend
2500
2000
1500
1000
500
0
2011 2012 2013 2014 2015

Investment 39
Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co. S.A.O.G)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
All types of investments.
60000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani 50000
Omani: 24, Expatriates: 6 - Total: 30
GCC

Key Staff 40000


Arabs not GCC
Eng.Khamis Al Kiyumi : CEO Foreigners
30000

Main Shareholders (Holding 5% and more shares)


Almadina Real Estate co. : 12.667% 20000
MB Holding Company LLC : 11.346%
Kuwait Industries Holding Company : 6740% Omani GCC Arabs not GCC Foreigners Total 10000
Nos 1,327 760 2 3 2,092
Value 7,376,080 3,781,002 13,448 15,645 11,186,175 0
2010 2011 2012 2013-14 2015
% 66% 34% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Dr.Mohamed Bin Ali Al Barwani : Chairman 2014 2015
H.E. Sheikh Abdul Rahman Mohd. Jabr Al Thani : Vice Chairman 0.140
Mrs. Hatham Bint Mohd Al Maskariah : Member
0.115
Mr. Mohamed Ali Al Naqi : Member
Mr. Abdullah Ali Al Abdullah : Member 0.090
Mr. Salim Bin Abdulla Al Awadi : Member
Mr. Khamis Bin Mubarak Al Kiyumi : Member 0.065

0.040
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014-13 2012 2011 2010


No of Shares Traded (000) 69,535 495,810 495,810 59,563 36,773
Value of Trading (RO000) 4,825 72,840 72,840 4,269 3,646
Other Information
No of trades executed 3,557 23,252 23,252 6,208 5,117
Established : 1996
Yearly High price (RO) 0.083 0.183 0.183 0.092 0.137
Auditors : Pricewater house Coopers
Yearly low price (RO) 0.050 0.084 0.084 0.054 0.074
Legal Advisor : Mohsin Al Hadad & Amur Al Kiyumi
Closing price (RO) 0.054 0.130 0.130 0.060 0.076
Price Earnings Ratio (Multiplier) 7.714 - (32.995) 7.102 7.285
Market Capitalisation (RO000) 11,186 8,694 8,694 4,013 4,750

40 Insurance
Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co. S.A.O.G) Fiscal Year - 31st March

2014 31/12/2012 2014 31/12/2012


2015 2011 2010 2015 2011 2010
15 Months 9 Months 15 Months 9 Months
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 12,664 4,954 247 235 284 Cashflow from operating activities 2,626 22 (2,673) (403) (103)
Operating expenses (10,767) (2,675) (511) (508) (497) Cashflow from investing activities (5,766) (1,728) 576 534 527
Other gains / (losses) - - - 838 865 Cashflow from financing activities 6,425 1,109 2,040 (400) (400)
Income Tax (252) (164) - - - Net change in cash & cash equivalents 3,285 (597) (57) (269) 24
Net profit for the year 1,645 2,115 (264) 565 652
Key Financial indicators
Other comprehesnive income - - - - (32)
Total comprahensive income 1,645 2,115 (264) 565 620 Profitability
Net Profit ratio % 13% - - 240% 230%
Return on Equity % 6% 8% (3%) 7% 8%
Financial Position
Earning per share (RO) 0.007 0.011 (0.004) 0.008 0.010
Statement of Financial Position
Cash dividend (RO000) - - 334 - -
Assets
Investments 40,319 38,546 11,281 9,282 8,992 Cash dividend ratio % - - 5% - -

Receivables 3,224 3,041 142 301 96 Stock dividend (RO000) - 1,883 - - 438

Cash & bank balances 4,381 1,695 25 34 177 Stock dividend ratio % - 10% 0% - 7%

Tangible assets 950 892 1 3 3 Financial Position


Other assets 228 231 - - - Authorised Capital (RO000) 50,000 50,000 15,000 15,000 15,000
Total assets 49,102 44,405 11,449 9,620 9,268 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value / Net assets per share 0.120 0.127 0.120 0.122 0.122
Bank borrowings 14656 9,357 3,270 1,312 44,405 Equity Ratio % 55% 58% 70% 85% 82%
Other liabilities 7,467 9,112 172 145 84 Debt Ratio % 30% 21% 29% 14% 17%
Total liabilities 22,123 18,469 3,442 1,457 1,670
Equity
Share capital 20,715 18,832 6,688 6,688 6,250
Retained earnings 2,026 1,041 (87) 112 (84)
Others 4,238 6,063 1,407 1,363 1,432 Net Profit / Total Dividend (RO 000)
Net-worth 26,979 25,936 8,008 8,163 7,598 Net Profit Total Dividend
2500
1500
500
0
-500
-1500
-2500
2010 2011 31/12/2012-9 Months 2014-15 Months 2015

Investment 41
Dhofar Insurance Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Underwriting General & Life Insurance
190000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 258, Expatriates: 100 - Total: 358 152000
GCC

Key Staff Arabs not GCC


114000
Mr. Taher T. Al Heraki : CEO Foreigners

76000
Main Shareholders (Holding 5% and more shares)

M/S dhofar Intl development, Investment & holding Co. : 35.048 %


38000
H.E. Abdul Alem Mustahil Rakhyoot : 15.057 % Omani GCC Arabs not GCC Foreigners Total
M/S Qatar Gen. for Insurance. & Re-Insurance Co. - Qatar : 6.449 % Nos 345 8 1 1 355
M/S Trust Intl. Insurance Co. - Bahrain : 6.307 % Value 35,675,036 5,322,299 2,460 205 41,000,000 0
2011 2012 2013 2014 2015
% 87% 13% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Shaikh Qais Bin Mustahil Ahmed Al Mashani : Chairman 2014 2015
Mr. Kamil Bin Abdul Alim Mustahil Rakhyout : Vise Chairman 0.300
H.E Shaikh Abdul Salam Bin Mohamed Abdul Aziz Al
Rawas
: Director
Mr. Taher Bin Taleb Kamal Al Heraki : Director
0.245
Mr. Omar Bin Ahmed Abdullah Al- Sheikh : Director

0.190
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 247 7,405 44,892 7,260 5,472
Value of Trading (RO000) 53 1,860 11,755 1,315 1,021
Other Information
No of trades executed 16 641 982 141 294
Established : 01st July, 1989
Yearly High price (RO) 0.230 0.302 0.312 0.200 0.245
Auditors : KPMG
Yearly low price (RO) 0.205 0.190 0.177 0.165 0.158
Legal Advisor : Sayed Mohammed Mustafa Closing price (RO) 0.205 0.230 0.285 0.177 0.198
Price Earnings Ratio (Multiplier) 1,171.429 13.529 12.391 6.103 (18.000)
Market Capitalisation (RO000) 41,000 46,000 57,000 35,400 39,600

42 Insurance
Dhofar Insurance Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 9,589 12,688 11,845 11,895 2,681 Cashflow from operating activities 313 4,196 5,164 994 (2,143)
Operating expenses (9,312) (8,844) (6,734) (5,418) (5,160) Cashflow from investing activities (3,175) (1,193) (5,648) 1,448 4,063
Other gains / (losses) - - - - - Cashflow from financing activities 3,000 (3,000) (1,000) - (1,985)
Income Tax (242) (535) (466) (626) 250 Net change in cash & cash equivalents 138 3 (1,484) 2,442 (65)
Net profit for the year 35 3,309 4,645 5,851 (2,229)
Key Financial indicators
Other comprehesnive income (356) (418) (125) (1,213) 760
Total comprahensive income (321) 2,891 4,520 4,638 (1,469) Profitability
Net Profit ratio % - 26% 39% 49% (83%)
Return on Equity % - 9% 13% 17% (8%)
Financial Position
Earning per share (RO) - 0.017 0.023 0.029 (0.011)
Statement of Financial Position
Cash dividend (RO000) - 1,900 3,000 1,000 -
Assets
Investments 24,913 28,431 27,944 28,426 28,192 Cash dividend ratio % - 9.5% 15.0% 5.0% -

Receivables 52,876 92,619 100,367 57,403 62,945 Stock dividend (RO000) - - - - -

Cash & bank balances 41,015 36,534 35,935 28,863 26,520 Stock dividend ratio % - - - - -

Tangible assets 2721 1,206 818 826 796 Financial Position


Other assets - - - - - Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Total assets 121,525 158,790 165,064 115,518 118,453 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Net assets / Book value per share 0.174 0.185 0.185 0.168 0.145
Bank borrowings 4900 - - - - Equity Ratio % 29% 23% 22% 29% 24%
Other liabilities 81,895 121,839 128,004 81,978 89,551 Debt Ratio % 4% - - - -
Total liabilities 86,795 121,839 128,004 81,978 89,551
Equity
Share capital 20,000 20,000 20,000 20,000 20,000
Retained earnings - 2,022 3,242 1,201 (2,164)
Others 14,730 14,929 13,818 12,339 11,066
Net-worth 34,730 36,951 37,060 33,540 28,902 Net Profit / Total Dividend (RO 000)
Net Profit Total Dividend
6000
3600
1200
0
-1200
-3600
-6000
2011 2012 2013 2014 2015

Investment 43
Muscat National Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financial Holding Company (Investments)
60000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 10, Expatriates: 5 - Total: 15 48000
GCC

Key Staff Arabs not GCC


36000
Mr. Philip K Philip : GCEO Foreigners

Main Shareholders (Holding 5% and more shares) 24000

H.E. Dr. Omar Al Zawawi : 30.358%


Mr. Sulaiman Ahmed Al Hoqani : 14.964%
12000
Al Awal Al Wataniya (First National) : 10.945% Omani GCC Arabs not GCC Foreigners Total
Zawawi Trading Co. : 5.921% Nos 411 5 - - 416
Value 8,958,785 341,215 - - 9,300,000 0
2011 2012 2013 2014 2015
% 96% 4% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Aimen bin Ahmed Al Hosni : Chairman
2.000
Mr. Bipin Dharamsey Nensey : Deputy Chairman
Mr. Qais bin Mahmoud Al Khonji : Director 1.875
Mr. Issa bin Ali Al Hoqani : Director
Mr. Gamal Mohamad Mohamad Ahmad : Director 1.750

1.625

1.500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 9 24 58 275 959
Value of Trading (RO000) 17 42 98 501 2,048
Other Information No of trades executed 5 24 28 39 68
Established : 16/1/1995 Yearly High price (RO) 1.860 1.950 1.800 2.177 2.500
Auditors : KPMG Yearly low price (RO) 1.860 1.485 1.584 1.759 1.581
Legal Advisor : Mr. Mohammed Satur Closing price (RO) 1.860 1.860 1.655 1.759 2.179
Price Earnings Ratio (Multiplier) 101.087 71.538 16.068 (30.433) 6.006
Market Capitalisation (RO000) 9,300 9,300 8,275 8,795 10,895

44 Insurance
Muscat National Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 2,397 2,158 2,136 1,580 3,547 Cashflow from operating activities 1,606 (195) 1,994 1,036 936
Operating expenses (2,149) (1,864) (1,510) (1,441) (1,550) Cashflow from investing activities 1,519 371 (2,131) 196 433
Other gains / (losses) - - - - - Cashflow from financing activities (250) - - (1,094) (1,048)
Income Tax (156) (161) (113) (428) (183) Net change in cash & cash equivalents 2,875 176 (137) 138 321
Net profit for the year 92 133 513 (289) 1,814
Key Financial indicators
Other comprehesnive income 21 18 17 15 16
Total comprahensive income 113 151 530 (274) 1,830 Profitability
Net Profit ratio % 4% 6% 24% (18%) 51%
Return on Equity % 1% 1% 3% (2%) 12%
Financial Position
Earning per share (RO) 0.018 0.026 0.103 (0.058) 0.363
Statement of Financial Position
Cash dividend (RO000) 250 250 - - 375
Assets
Investments 14,802 13588 14,231 13,147 13,331 Cash dividend ratio % 5% 5% - - 7.5%

Receivables 19,616 17857 25,253 27,429 13,944 Stock dividend (RO000) - - - - -

Cash & bank balances 7,898 8619 8,266 6,934 7,513 Stock dividend ratio % - - - - -

Tangible assets 2298 1604 1,551 1,294 1,060 Financial Position


Other assets 7 8 8 8 4 Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Total assets 44,621 41,676 49,309 48,812 35,852 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Liabilities Book value / Net assets per share 3.016 3.044 3.013 2.907 3.037
Bank Borrowings - - - - 719 Equity Ratio % 34% 37% 31% 30% 42%
Other liabilities 29,539 26458 34,242 34,275 19,947 Debt Ratio % - - - - 2%
Total liabilities 29,539 26,458 34,242 34,275 20,666
Equity
Share capital 5,000 5,000 5,000 5,000 5,000
Retained earnings (494) 456 526 595 3,643
Others 10,576 9,762 9,541 8,942 6,543
Net Profit / Total Dividend (RO 000)
Net-worth 15,082 15,218 15,067 14,537 15,186
Net Profit Total Dividend
2000
1500
1000
500
0
-500
2011 2012 2013 2014 2015

Investment 45
Takaful Oman Insurance S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Islamic Takaful Insurance
15000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 47 , Expatriates: 16 - Total: 63 12000
GCC

Key Staff Arabs not GCC


9000
Sayyida Rawan Ahmed Al Said : Mg Director & CEO Foreigners
O.G.Ravishankar : Gen Manager & CFO
6000

Main Shareholders (Holding 5% and more shares)


Tazur Takaful Insurance Company : 15% 3000
Al Khonji Invest LLC : 15% Omani GCC Arabs not GCC Foreigners Total
National Investment Fund Co SAOC : 10% Nos 837 5 - - 842
Oman Investment Corporation (S.A.O.C) : 10% Value 8,496,216 1,503,784 - - 10,000,000 0
2011 2012 2013 2014 2015
Oman International Development and Investment % 85% 15% - - 100%
Company S.A.O.G : 9.612%
Blue Door investment services LLC : 7.5% Share Closing Price Index - Monthly for 2 years
Oman National Investment Corporation Holding S.A.O.G : 7.5%
2014 2015
Bank Muscat Meethaq Islamic Banking : 5%
0.130
National Bank of oman S.A.O.G : 5%

0.115

Board of Directors
0.100
Sheikh Rashid bin Saif Al Saadi : Chairman
Sayyida Rawan Ahmed Al-Said : Vice Chairperson
Dr. Abdulaziz bin Naif Al Orayer : Director 0.085
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Ahmed Al Musalami : Director
Mr.Musabah Saif Al Mutairi : Director Trading Information 2015 2014 2013 2012 2011
Mr. Sheikh Nasr bin Ameur Al Hosni : Director No of Shares Traded (000) 6,482 50,460 - - -
Mr.Tareq Mohammed Sultan Al Mughairi : Director Value of Trading (RO000) 688 5,311 - - -
Mr. Mohammed Abdullah Al Khonji : Director No of trades executed 525 4,519 - - -
Yearly High price (RO) 0.121 0.117 - - -
Other Information Yearly low price (RO) 0.090 0.090 - - -
Established : 2014 Closing price (RO) 0.100 0.098 - - -
Auditors : Price Water House Coopers Price Earnings Ratio (Multiplier) 5.893 (19.600) - - -
Legal Advisor : Office of Dr. Salim Al Jahafi Market Capitalisation (RO000) 10,000 9,800 - - -

46 Insurance
Takaful Oman Insurance S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 3,094 229 - - - Cashflow from operating activities 338 (749) - - -
Operating expenses (1,391) (693) - - - Cashflow from investing activities (537) (8,958) - - -
Other gains / (losses) - (142) - - - Cashflow from financing activities - 10,000 - - -
Income Tax (6) 87 - - - Net change in cash & cash equivalents (199) 293 - - -
Net profit for the year 1,697 (519) - - -
Key Financial indicators
Other comprehesnive income (75) - - - -
Total comprahensive income 1,621 (519) - - - Profitability
Net Profit ratio % 55% (227%) - - -
Return on Equity % 15% (5%) - - -
Financial Position
Earning per share (RO) 0.017 (0.005) - - -
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Investments 2,366 420 - - - Cash dividend ratio % - - - - -

Receivables 1,555 472 - - - Stock dividend (RO000) - - - - -

Cash & bank balances 6,793 8,493 - - - Stock dividend ratio % - - - - -

Tangible assets 526 251 - - - Financial Position


Other assets 82 87 - - - Authorised Capital (RO000) 10,000 10,000 - - -
Total assets 11,322 9,723 - - - Par value per share (RO) 0.100 0.100 - - -
Liabilities Book value / Net assets per share 0.111 0.095 - - -
Borrowings - - - - - Equity Ratio % 98% 98% - - -
Other liabilities 220 242 - - - Debt Ratio % - - - - -
Total liabilities 220 242 - - -
Equity
Share capital 10,000 10,000 - - -
Retained earnings 964 (519) - - -
Others 138 - - - -
Net Profit / Total Dividend (RO 000)
Net-worth 11,102 9,481 - - -
Net Profit Total Dividend
2000
1200
400
0
-400
-1200
-2000
2011 2012 2013 2014 2015

Investment 47
Oman United Insurance Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Insurance & Reinsurance and Investments.
120000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani 100000
Omani: 123, Expatriates: 92 - Total: 215
GCC
80000
Key Staff Arabs not GCC
Sayyid Nassir bin Salim Al Busaidi : Managing Director Foreigners
Acting Chief Executive 60000
R Muthu Kumar : Officer

40000
Main Shareholders (Holding 5% and more shares)
Sayyed Salim bin Nassir Al-Busaidi : 33.453% 20000
Omani GCC Arabs not GCC Foreigners Total
Middle East Investment LLC : 5.536%
Nos 587 14 - 1 602
Value 21,401,024 298,000 - 977 21,700,000 0
2011 2012 2013 2014 2015
% 99% 1% 0% 0% 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors 0.500
Sayyid Nassir bin Salim al Busaidi : Managing Director
Mr. R. Muthu Kumar : Chief Executive Officer
Chief Investment Officer/Secretary to the
Mr. Maher Mohamed Amin Mohamed : 0.355
Board and Disclosure Officer
Mr. Siva Kumar : Chief Operating Officer
Senior General Manager Branches and
Sayyid Ibrahim Bin Salim Al Busaidi : Agents
Sayyida Maisura Al Busaidi : General Manager Admin & HR 0.210
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Yahya Al Kharusi : General Manager Claims
Mr. Sanjay Jha : General Manager Medical & Life
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 63,515 118,141 173,150 88,475 92,742
Value of Trading (RO000) 19,069 50,875 52,198 14,580 14,010
No of trades executed 4,488 8,320 10,267 7,620 11,012
Other Information
Yearly High price (RO) 0.376 0.504 0.410 0.200 0.180
Established : 1985
Yearly low price (RO) 0.210 0.237 0.196 0.117 0.104
Auditors : PriceWarerHouse Coopers Closing price (RO) 0.217 0.281 0.390 0.195 0.115
Legal Advisor : Wesam Yousef Obaid Price Earnings Ratio (Multiplier) 6.554 7.806 7.800 7.462 10.455
Market Capitalisation (RO000) 21,700 28,100 39,000 19,500 11,500

48 Insurance
Oman United Insurance Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 7,554 7,486 8,852 6,133 4,330 Cashflow from operating activities 1,918 3,289 2,637 2,997 3,358
Operating expenses (3,801) (3,542) (3,486) (3,277) (2,923) Cashflow from investing activities (1,232) 1,982 (2,577) (3,382) (1,821)
Other gains / (losses) - - - - - Cashflow from financing activities (200) (3,500) (1,500) (750) (1,500)
Income Tax (442) (374) (343) (213) (297) Net change in cash & cash equivalents 486 1,771 (1,440) (1,135) 37
Net profit for the year 3,311 3,570 5,023 2,643 1,110
Key Financial indicators
Other comprehesnive income (694) 206 347 290 (88)
Total comprahensive income 2,617 3,776 5,370 2,933 1,022 Profitability
Net Profit ratio % 44% 48% 57% 43% 26%
Return on Equity % 12% 14% 19% 12% 6%
Financial Position
Earning per share (RO) 0.033 0.036 0.050 0.026 0.011
Statement of Financial Position
Cash dividend (RO000) 2,400 2,200 3,500 1,500 750
Assets
Investments 28,890 49,525 49,119 44,028 39,979 Cash dividend ratio % 24% 22.0% 35.0% 15.0% 7.5%

Receivables 39,031 41,627 38,046 37,457 36,169 Stock dividend (RO000) - - - - -

Cash & bank balances 27,558 4,693 2,922 1,862 998 Stock dividend ratio % - - - - -

Tangible assets 1355 1,284 1,291 1,330 1,399 Financial Position


Other assets - - - - 9 Authorised Capital (RO000) 150,000 15,000 15,000 15,000 15,000
Total assets 96,834 97,129 91,378 84,677 78,554 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value / Net assets per share 0.266 0.261 0.259 0.220 0.198
Bank borrowings 2000 - - - - Equity Ratio % 27% 27% 28% 26% 25%
Other liabilities 68,279 70,991 65,516 62,686 58,746 Debt Ratio % 2% - - - -
Total liabilities 70,279 70,991 65,516 62,686 58,746
Equity
Share capital 10,000 10,000 10,000 10,000 10,000
Retained earnings 2,535 2,694 4,031 1,704 808
Others 14,020 13,444 11,831 10,287 9,000
Net Profit / Total Dividend (RO 000)
Net-worth 26,555 26,138 25,862 21,991 19,808
Net Profit Total Dividend
6000
5000
4000
3000
2000
1000
0
2011 2012 2013 2014 2015

Investment 49
Al Omaniya Financial Services S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Corporate & Retail Finance, Working Capital, Debt Factoring, etc.
300000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 125, Expatriates: 31 - Total: 156 240000
GCC

Key Staff Arabs not GCC


180000
Aftab Patel : CEO Foreigners

120000
Main Shareholders (Holding 5% and more shares)
Muscat Overseas LLC : 18.079%
Ministry of Defence Pension Fund : 10.538% 60000
Civil Services Pension Fund : 10.423% Omani GCC Arabs not GCC Foreigners Total
Hina Bipin Dharamsey : 9.706% Nos 306 5 1 1 313
Salim Mostahil Ahmed Al Maashani : 8.967% Value 76,065,352 64,288 7 29,715 76,159,362 0
2011 2012 2013 2014 2015
Assarain Group of Companies LLC : 7.370% % 100% - - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Khalid Said Al Wahaibi : Chairman
0.410
Sheikh Khalid Mustahil Ahmed Al-Mashani : Deputy Chairman
Mr. K.K. Abdul Razak : Director 0.388
Brig.(Retired) Saif Ali Shaikhan Al Amri : Director 0.366
Mr. Ibrahim Said Salim Al Wahaibi : Director
0.344
Mr. Zaki Hassan Al Naseeb : Director
Mr.Shikar Bipin Dharamsey Nensey : Director 0.322
Mr. Ketan Dinkarrai Vasa : Director 0.300
Sheikh Tariq Salim Mustahil Al Mashani : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Brig.Gen. Saif Salim Saif Al Harthi : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 2,668 2,629 5,335 25,818 8,637
Value of Trading (RO000) 860 943 1,883 7,825 2,454
Other Information No of trades executed 14 69 150 134 104
Established : 1997 Yearly High price (RO) 0.330 0.400 0.400 0.315 0.338
Auditors : KPMG Yearly low price (RO) 0.297 0.297 0.315 0.264 0.255
Mohsin Al Hadad & Amur Al Closing price (RO) 0.310 0.330 0.400 0.315 0.310
Legal Advisor : Kiyumi & Partners
Price Earnings Ratio (Multiplier) 1.284 11.786 14.286 10.500 10.333
Market Capitalisation (RO000) 76,159 68,215 89,323 63,658 48,229

50 Finance & Leasing


Al Omaniya Financial Services S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 18,594 18,125 18,228 16,460 13,931 Cashflow from operating activities (8,435) 6,704 (18,888) (44,991) (21,416)
Interest expense (4,487) (4,964) (5,361) (4,533) (3,661) Cashflow from investing activities (88) (83) (201) (290) (296)
Net Income 14,107 13,161 12,867 11,927 10,270 Cashflow from financing activities 23,098 (6,834) 27,288 46,121 16,558
Other income 604 791 510 586 505 Net change in cash & cash equivalents 14,575 (213) 8,199 840 (5,154)
Total Income 14,711 13,952 13,377 12,513 10,775
Key Financial indicators
Operating expenses (7,150) (6,593) (6,228) (6,103) (5,308)
Income Tax (904) (879) (1,081) (754) (636) Profitability
Net profit for the year 6,657 6,480 6,068 5,656 4,831 Net Profit ratio % 36% 36% 33% 34% 35%

Other comprehesnive income - - - - - Return on Equity % 11% 10% 10% 10% 11%

Total comprahensive income 6,657 6,480 6,068 5,656 4,831 Earning per share (RO) 0.027 0.028 0.028 0.030 0.030
Cash dividend (RO000) 4,299 4,019 3,908 3,031 3,112
Cash dividend ratio % 18% 17.5% 17.5% 15.0% 20.0%
Financial Position
Stock dividend / Stock Bonds (RO000) 1,843 1,952 1,675 2,021 778
Statement of Financial Position
Stock dividend ratio % 8% 8.5% 7.5% 10.0% 5.0%
Assets
Net investment in finance leases 246,180 228,266 226,735 205,255 155,356 Financial Position
Cash & bank balances 25,254 10,639 10,812 2,573 1,693 Authorised Capital (RO000) 30,000 30,000 30,000 30,000 30,000
Investments - - - - - Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 1,315 1,384 1,456 1,404 1,229 Book value / Net assets per share 0.241 0.277 0.233 0.232 0.226
Other assets 1527 1,295 943 1,016 913 Equity Ratio % 22% 26% 25% 28% 29%
Total assets 274,276 241,584 239,946 210,248 159,191 Debt Ratio % 73% 69% 70% 66% 62%
Liabilities Loans, advances / Deposits, borrowings % 123% 138% 134% 148% 157%
Deposits 9,506 9,554 13,689 4,250 4,300
Borrowings 190,391 164,974 164,090 145,288 105,276
Other liabilities 15,060 12,122 10,130 13,788 14,508
Total liabilities 214,957 186,650 187,909 163,326 124,084
Net Profit / Total Dividend (RO 000)
Equity
Share capital 24,568 22,968 22,331 20,209 15,558 Net Profit Total Dividend
7000
Retained earnings 20,597 18,311 16,441 13,404 10,860 6000
Others including Unsecured 5000
Compulsorily Convertible 14,153 13,654 13,264 13,309 8,689 4000
Bonds& Bonus Stock Bonds
3000
Net-worth 59,318 54,933 52,036 46,922 35,107 2000
1000
0
2011 2012 2013 2014 2015

Investment 51
Muscat Finance Co. Ltd S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financing
175000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 110, Expatriates: 24 - Total: 134 140000
GCC

Key Staff Arabs not GCC


105000
Bikram Singh Rishi : CEO Foreigners

Main Shareholders (Holding 5% and more shares) 70000

Fincorp Investment Co. LLC : 23.08%


Zawawi Trading Company : 17.45% 35000
Al Siraj Investment Holding LLC : 10.39% Omani GCC Arabs not GCC Foreigners Total
Hawriya Company : 9.00% Nos 363 2 - 1 366
H.E DR, Omar Zawawi : 6.13% Value 33,936,213 32,246 - 8 33,968,468 0
2011 2012 2013 2014 2015
% 100% - - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr Faisal Mohamed Al Yousef : Chairman 2014 2015

Mr. Sameer Kumar : Director 0.180

Mr. Babu P Thomas : Director


Mr Abdul Amir Saied Mohamed : Director
Mr. Juma Abdullah Khalfan Al Khamisi : Director 0.155
Mr. Gamal Mohammed Mohammed Ahmed Abdalla : Director

0.130
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 844 813 349 2,515 30,711
Value of Trading (RO000) 123 126 57 442 7,783
Other Information No of trades executed 66 96 82 64 170
Established : October 11, 1987 Yearly High price (RO) 0.151 0.167 0.175 0.220 0.290
Auditors from 2016 : Deloitte
Yearly low price (RO) 0.135 0.143 0.152 0.155 0.164
Auditors up to 2015 : Ernest & Young
Closing price (RO) 0.135 0.150 0.155 0.168 0.200
Legal Advisor : Al Busaidi Mansoor Jamal
Price Earnings Ratio (Multiplier) 0.951 7.895 8.611 8.842 11.111
Market Capitalisation (RO000) 33,968 34,947 33,437 33,870 33,602

52 Finance & Leasing


Muscat Finance Co. Ltd S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 12,595 11,524 10,253 9,421 9,009 Cashflow from operating activities (13,155) (7,673) (16,758) (13,625) 2,965
Interest expense (3,015) (3,007) (2,783) (2,107) (2,016) Cashflow from investing activities (100) 999 (50) (973) (70)
Net Income 9,580 8,517 7,470 7,314 6,993 Cashflow from financing activities 13,379 7,722 15,091 15,087 (3,298)
Other income 623 625 527 483 308 Net change in cash & cash equivalents 124 1,048 (1,717) 489 (403)
Total Income 10,203 9,142 7,997 7,797 7,301
Key Financial indicators
Operating expenses (5,192) (4,061) (3,572) (3,474) (3,243)
Income Tax (655) (746) (532) (477) (485) Profitability
Net profit for the year 4,356 4,335 3,893 3,846 3,573 Net Profit ratio % 35% 38% 38% 41% 40%

Other comprehesnive income (19) (96) - 96 - Return on Equity % 12% 13% 13% 13% 14%

Total comprahensive income 4,337 4,239 3,893 3,942 3,573 Earning per share (RO) 0.017 0.019 0.018 0.019 0.018
Cash dividend (RO000) 2,516 1,864 1,726 2,016 -
Cash dividend ratio % 10% 8% 8% 10% -
Financial Position
Stock dividend (RO000) 1,510 1,864 1,726 1,411 3,360
Statement of Financial Position
Stock dividend ratio % 6% 8% 8% 7% 20%
Assets
Net investment in finance leases 154,710 137,813 124,516 103,667 85,908 Financial Position
Cash & bank balances 2,804 1,180 876 1,383 1,327 Authorised Capital (RO000) 30,000 30,000 30,000 30,000 25,000
Investments - - 1,093 1,093 - Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 63 54 65 134 211 Book value per share 0.142 0.143 0.142 0.143 0.148
Other assets 622 1,336 1,261 897 654 Equity Ratio % 23% 24% 24% 27% 28%
Total assets 158,199 140,383 127,811 107,174 88,100 Debt Ratio % 69% 66% 66% 62% 59%
Liabilities Loans, advances / Deposits, borrowings % 141% 148% 147% 156% 166%
Deposits 18,263 24,416 22,478 16,313 12,172
Borrowings 91,642 68,786 62,060 49,948 39,473
Other liabilities 12,570 13,930 12,535 12,052 11,536
Total liabilities 122,475 107,132 97,073 78,313 63,181
Net Profit / Total Dividend (RO 000)
Equity
Share capital 25,162 23,298 21,572 20,161 16,801 Net Profit Total Dividend
5000
Retained earnings 4,189 3,997 3,548 3,472 3,371
4000
Others 6,373 5,956 5,618 5,228 4,747
3000
Net-worth 35,724 33,251 30,738 28,861 24,919
2000
1000
0
2011 2012 2013 2014 2015

Investment 53
National Finance Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Personal Automobile Finance, Commercial Vehicle Finance, Construction Equipment
Finance, Second Hand Vehicle and Equipment Finance, Working Capital Finance, Factor- 210000
ing Services and Corporate Deposits Assets Market Capitalisation Net-worth Equity

Omani
168000
No of staff
GCC
Omani: 125, Expatriates: 25 - Total: 150
Arabs not GCC 126000

Key Staff Foreigners


Robert Pancras, Chief Executive Officer
84000

Main Shareholders (Holding 5% and more shares)


42000
Al Hilal Investment Co LLC : 39.387%
Omani GCC Arabs not GCC Foreigners Total
Oman International Development and Investment Com-
pany S.A.O.G
: 25.564% Nos 91 - - - 91
Value 35,272,620 - - - 35,272,620 0
2011 2012 2013 2014 2015
% 100% - - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Taya Jandal Ali : Chairman
0.170
Mr. Hani Muhammad Al Zubair : Deputy Chairman
Mr. Pramod G. Karajgikar : Director 0.162
Mr. Francis Pinto : Director 0.154
Mr. K. Balaji : Director
0.146
Mr AbdulAziz Mohammed Al Balushi : Director
0.138

0.130
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 560 10,667 4,222 3,552 882
Value of Trading (RO000) 81 1,653 640 425 110
Other Information
No of trades executed 28 252 260 187 191
Established : 1987
Yearly High price (RO) 0.153 0.170 0.175 0.151 0.140
Auditors : Price water house Coopers
Yearly low price (RO) 0.133 0.140 0.130 0.110 0.110
Legal Advisor : Al Busaidy Mansoor Jamal & Co.
Closing price (RO) 0.134 0.150 0.156 0.134 0.128
Price Earnings Ratio (Multiplier) 0.831 7.500 8.211 7.882 6.337
Market Capitalisation (RO000) 35,273 38,521 39,085 33,573 22,470

54 Finance & Leasing


National Finance Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 15,879 15,094 13,966 12,001 10,261 Cashflow from operating activities (17,445) (8,135) (14,211) (16,585) (23,163)
Interest expense (3,728) (4,034) (3,914) (3,287) (3,181) Cashflow from investing activities (117) (132) (102) (577) (207)
Net Income 12,151 11,060 10,052 8,714 7,080 Cashflow from financing activities 16,467 7,780 13,753 17,819 22,803
Other income 903 817 572 604 855 Net change in cash & cash equivalents (1,095) (487) (560) 657 (567)
Total Income 13,054 11,877 10,624 9,318 7,935
Key Financial indicators
Operating expenses (6,222) (5,937) (5,189) (4,587) (3,911)
Income Tax (811) (737) (642) (618) (478) Profitability
Net profit for the year 6,021 5,203 4,793 4,113 3,546 Net Profit ratio % 38% 34% 34% 34% 35%

Other comprehesnive income 286 4 7 - - Return on Equity % 14% 13% 13% 12% 15%

Total comprahensive income 6,307 5,207 4,800 4,113 3,546 Earning per share (RO) 0.023 0.020 0.019 0.017 0.020
Cash dividend (RO000) 3,159 2,568 2,505 2,505 1,754
Cash dividend ratio % 12% 10% 10% 10% 10%
Financial Position
Stock dividend (RO000) 790 642 626 - -
Statement of Financial Position
Stock dividend ratio % 3% 2.5% 2.5% - -
Assets
Net investment in finance leases 185,503 160,869 145,960 126,686 107,520 Financial Position
Cash & bank balances 1,016 1,498 2,073 2,002 1,288 Authorised Capital (RO000) 30,000 30,000 30,000 30,000 30,000
Investments - - - - - Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 1,481 1,154 1,328 1,515 1,219 Book value per share 0.161 0.151 0.144 0.135 0.136
Other assets 1688 1,779 1,758 1,971 1,262 Equity Ratio % 22% 23% 24% 26% 21%
Total assets 189,688 165,300 151,119 132,174 111,289 Debt Ratio % 74% 73% 73% 71% 73%
Liabilities Loans, advances / Deposits, borrowings % 132% 133% 132% 135% 131%
Deposits 13,862 19,768 18,086 12,273 13,278
Borrowings 126,877 101,317 92,769 81,674 68,504
Other liabilities 6,485 5,468 4,214 4,464 5,603
Total liabilities 147,224 126,553 115,069 98,411 87,385
Net Profit / Total Dividend (RO 000)
Equity
Share capital 26,323 25,681 25,055 25,055 17,555 Net Profit Total Dividend
7000
Retained earnings 11,090 8,859 7,304 5,489 3,524
5600
Others 5,051 4,207 3,691 3,219 2,825
4200
Net-worth 42,464 38,747 36,050 33,763 23,904
2800
1400
0
2011 2012 2013 2014 2015

Investment 55
Oman ORIX Leasing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Leasing of motor vehicles, equipments, plant and machinery and debt factoring.
200000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 114, Expatriates: 25 - Total: 139 160000
GCC

Key Staff Arabs not GCC


120000
Shahin Mohamed Al Balushi : CEO Foreigners

Main Shareholders (Holding 5% and more shares) 80000

Oman National Investment Corporation Holding S.A.O.G : 35%


Majid Al Futtaim Trust LLC : 25.372% 40000
Oryx Corporation : 12.25% Omani GCC Arabs not GCC Foreigners Total
ORIX Leasing Pakistan Ltd : 11.641% Nos 124 4 - 3 131
PORT SERVICES CORPORATION (S. A. O. G.) : 5.045% Value 16,891,390 8,460,984 - 7,958,615 33,310,989 0
2011 2012 2013 2014 2015
% 51% 25% - 24% 100%

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015

Khalid Hilal Al Maawali : Chairman 0.160

Souheil Hajjar : Deputy Chairman


Kazuhito Inoue : Director
Kris N De Souter : Director 0.147
Sheikh Rashid Saif Al Saadi : Director
Khalid Abdullah Salim Al Eisri : Director
Teizoon Kisat : Director 0.135
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 2,873 4,844 7,249 6,526 3,360
Value of Trading (RO000) 446 711 1,092 785 330
No of trades executed 61 98 320 442 289
Other Information
Yearly High price (RO) 0.159 0.156 0.160 0.136 0.155
Established : 1994 Yearly low price (RO) 0.137 0.140 0.135 0.106 0.080
Auditors : PricewaterhouseCoopers
Closing price (RO) 0.138 0.148 0.152 0.136 0.110
Legal Advisor : Al Busaidy Mansoor Jamal & Co.
Price Earnings Ratio (Multiplier) 0.942 7.789 8.941 8.500 7.333
Market Capitalisation (RO000) 33,311 34,684 33,925 29,614 18,453

56 Finance & Leasing


Oman ORIX Leasing Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 14,946 13,150 10,303 8,229 6,996 Cashflow from operating activities (14,130) (23,784) (22,682) (11,655) (6,479)
Interest expense (3,800) (3,440) (2,713) (2,106) (1,996) Cashflow from investing activities (173) (253) (212) (83) (45)
Net Income 11,146 9,710 7,590 6,123 5,000 Cashflow from financing activities 13,539 25,138 22,513 12,913 6,261
Other income 979 828 673 662 699 Net change in cash & cash equivalents (764) 1,101 (381) 1,175 (263)
Total Income 12,125 10,538 8,263 6,785 5,699
Key Financial indicators
Operating expenses (6,115) (5,348) (4,005) (3,029) (2,788)
Income Tax (738) (651) (570) (592) (300) Profitability
Net profit for the year 5,272 4,539 3,688 3,164 2,611 Net Profit ratio % 35% 35% 36% 38% 37%

Other comprehesnive income - - - - - Return on Equity % 15% 14% 12% 11% 12%

Total comprahensive income 5,272 4,539 3,688 3,164 2,611 Earning per share (RO) 0.022 0.019 0.017 0.016 0.015
Cash dividend (RO000) 2,172 2,344 1,786 2,178 2,097
Cash dividend ratio % 9% 10% 8% 10% 13%
Financial Position
Stock dividend (RO000) 966 703 1,116 544 -
Statement of Financial Position
Stock dividend ratio % 4% 3% 5% 3% -
Assets
Net investment in finance leases 158,787 138,514 111,823 86,392 69,914 Financial Position
Cash & bank balances 804 1,495 1,107 933 314 Authorised Capital (RO000) 30,000 30,000 30,000 30,000 15,000
Investments - - - - - Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 391 379 241 144 177 Book value per share 0.146 0.138 0.133 0.129 0.131
Other assets 1739 1,518 1,144 1,024 992 Equity Ratio % 22% 23% 26% 32% 31%
Total assets 161,721 141,906 114,315 88,493 71,397 Debt Ratio % 75% 74% 69% 61% 62%
Liabilities Loans, advances / Deposits, borrowings % 131% 132% 142% 161% 158%
Deposits 12,645 15,622 8,878 7,521 6,231
Borrowings 108,296 89,403 69,977 46,128 38,077
Other liabilities 5,419 4,448 5,781 6,675 5,060
Total liabilities 126,360 109,473 84,636 60,324 49,368
Net Profit / Total Dividend (RO 000)
Equity
Share capital 24,138 23,435 22,319 21,775 16,775 Net Profit Total Dividend
6000
Retained earnings 7,024 5,975 4,791 4,194 3,443
5000
Others 4,199 3,023 2,569 2,200 1,811 4000
Net-worth 35,361 32,433 29,679 28,169 22,029 3000
2000
1000
0
2011 2012 2013 2014 2015

Investment 57
Taageer Finance Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Finance & Leasing.
145000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 118, Expatriates: 28 - Total: 146 116000
GCC
Key Staff
Arabs not GCC
Mohammed Redha A. Jawad : CEO 87000
Suresh Kumar V. V. : GM- Marketing & Business Development Foreigners

Mohammed Ali Ibrahim Al Maimani : AGM - Operations & Controls


58000
Ramanujan R.V : Financial Controller & Compliance Officer
Mohammed Bader Al Busaidy : Sr. Manager (HR & Administration)
29000
Omani GCC Arabs not GCC Foreigners Total
Main Shareholders (Holding 5% and more shares)
Nos 716 43 - 4 763
Oman Investment Fund Holding LLC : 33.632%
Value 26,624,255 6,337,542 - 4,904 32,966,700 0
Arab Investment Company S A A : 18.785% 2011 2012 2013 2014 2015
% 81% 19% 0% 0% 100%
Iran Foreign Investment Company : 12.495%
The Royal Court Affairs : 6.776% Share Closing Price Index - Monthly for 2 years
Oman Investment & Finance Ltd S.A.O.G : 6.151%
2014 2015
0.180

Board of Directors 0.165


Mr. Faisal Al Hashar : Chairman
0.150
Eng. Fahad Al Ahmadi : Deputy Chairman
Mr. Ali Ziraknejad : Director 0.135
Mr. Saleh bin Nasser Al Riyami : Director
0.120
Mr. Anwar Hilal Al Jabri : Director
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Hussain Mohamed Redha : Director
Mr. Mansoor Hamood Al Amri : Director Trading Information 2015 2014 2013 2012 2011
Mr. Khalid Mohamed Al Hamoodah : Director No of Shares Traded (000) 13,499 105,848 36,806 12,773 31,120
Brig. Saif Salim Saif Al Harthi : Director Value of Trading (RO000) 2,178 17,137 6,110 1,952 4,661
No of trades executed 523 1,710 3,283 1,776 268
Other Information Yearly High price (RO) 0.172 0.178 0.196 0.200 0.172
Established : 2000 Yearly low price (RO) 0.130 0.126 0.140 0.115 0.126
Auditors : Ernst & Young Closing price (RO) 0.130 0.150 0.152 0.150 0.155
Legal Advisor : Ali Al Busaidi Price Earnings Ratio (Multiplier) 0.961 9.804 8.941 8.333 10.333
Market Capitalisation (RO000) 32,967 38,039 36,024 32,501 25,834

58 Finance & Leasing


Taageer Finance Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 11,035 10,127 10,428 10,232 9,744 Cashflow from operating activities (15,873) (1,457) (7,865) (4,517) (2,291)
Interest expense (2,212) (2,276) (2,238) (2,190) (2,369) Cashflow from investing activities (132) (366) (188) (52) (124)
Net Income 8,823 7,851 8,190 8,042 7,375 Cashflow from financing activities 14,706 1,881 7,980 5,167 329
Other income 858 781 17 34 14 Net change in cash & cash equivalents (1,299) 58 (73) 598 (2,086)
Total Income 9,681 8,632 8,207 8,076 7,389
Key Financial indicators
Operating expenses (4,598) (4,144) (3,650) (3,673) (3,726)
Income Tax (662) (605) (633) (498) (447) Profitability
Net profit for the year 4,421 3,883 3,924 3,905 3,216 Net Profit ratio % 40% 41% 38% 38% 33%

Other comprehesnive income - (209) 155 117 - Return on Equity % 13% 12% 13% 13% 12%

Total comprahensive income 4,421 3,674 4,079 4,022 3,216 Earning per share (RO) 0.017 0.015 0.017 0.018 0.015
Cash dividend (RO000) 2,384 2,536 2,370 2,342 1,667
Cash dividend ratio % 9% 10% 10% 11% 10%
Financial Position
Stock dividend (RO000) - - 1,659 2,032 5,000
Statement of Financial Position
Stock dividend ratio % - - 7% 9% 30%
Assets
Net investment in finance leases 126,686 107,306 101,958 92,000 83,660 Financial Position
Cash & bank balances 1,078 1,882 1,778 1,561 812 Authorised Capital (RO000) 30,000 30,000 30,000 30,000 30,000
Investments 582 582 791 636 519 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 326 385 176 119 180 Book value per share 0.135 0.128 0.131 0.136 0.162
Other assets 956 526 582 615 469 Equity Ratio % 26% 29% 30% 31% 32%
Total assets 129,628 110,681 105,285 94,931 85,640 Debt Ratio % 69% 65% 64% 60% 58%
Liabilities Loans, advances / Deposits, borrowings % 142% 150% 152% 162% 168%
Deposits 4,367 16,159 13,707 8,348 9,335
Borrowings 84,886 55,397 53,592 48,379 40,447
Other liabilities 6,063 6,698 6,863 8,818 8,827
Total liabilities 95,316 78,254 74,162 65,545 58,609
Net Profit / Total Dividend (RO 000)
Equity
Share capital 25,359 25,359 23,700 21,667 16,667 Net Profit Total Dividend
5000
Retained earnings 5,740 4,297 4,831 3,672 3,734
4000
Others 3,213 2,771 2,592 4,047 6,630
3000
Net-worth 34,312 32,427 31,123 29,386 27,031
2000
1000
0
2011 2012 2013 2014 2015

Investment 59
United Finance Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hire Purchase and Lease Financing of both Movable and Immovable Assets, such as
Vehicles, Machinery and Equipment including composite and Bridge loans, Account
140000
receivables financing and insurance services. Assets Market Capitalisation Net-worth Equity

Omani
No of staff 112000
GCC
Omani: 116 , Expatriates: 29 - Total: 145
Arabs not GCC
84000
Key Staff Foreigners

Mansoor Mubarak Al Amri : CEO


56000
D Stanley : Deputy CEO

28000
Main Shareholders (Holding 5% and more shares)
Omani GCC Arabs not GCC Foreigners Total
Oman Hotels and Tourism Company S.A.O.G : 33.578%
Nos 1,057 14 - 3 1,074
First National LLC : 13.391%
Value 40,313,223 83,034 - 3,116 40,399,374 0
2011 2012 2013 2014 2015
Suleiman bin Ahmed Al-Hoqani : 9.953%
% 100% - - - 100%
First International Financial Services LLC : 6.545%
Al Saoud Limited Company - Oman Arab Bank : 6.539% Share Closing Price Index - Monthly for 2 years
Oman International Holding SOAG : 5.651%
2014 2015
0.170

Board of Directors
0.135
Shaikh Sulaiman Ahmed Al Hoqani : Chairman
Mr. Hassan Ihsan Naseeb Al Nasib : Deputy Chairman
Mr. Mohamed Abdulla Al Khonji : Director
0.100
Mr. Ranga Gorur : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Hussam Hisham Omar Bostami : Director
Mr. Waseem Salah Qaraeen : Director Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 87,679 35,651 35,902 45,972 45,988
Value of Trading (RO000) 12,529 5,234 5,892 5,979 4,369
No of trades executed 2,963 870 2,363 3,252 5,042

Other Information Yearly High price (RO) 0.157 0.167 0.192 0.157 0.124

Established : 1997 Yearly low price (RO) 0.105 0.125 0.145 0.110 0.056

Auditors : Ernst & Young Closing price (RO) 0.130 0.136 0.148 0.153 0.121
Legal Advisor : Muhannad Al Amri Law Firm Price Earnings Ratio (Multiplier) 0.917 7.556 11.385 10.929 11.000
Market Capitalisation (RO000) 40,399 37,402 40,702 38,252 30,251

60 Finance & Leasing


United Finance Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Interest income 11,332 11,071 10,578 8,557 7,611 Cashflow from operating activities 2,583 2,607 (10,254) (14,557) (319)
Interest expense (2,089) (2,561) (2,707) (2,239) (1,998) Cashflow from investing activities (103) (112) (139) 465 (90)
Net Income 9,243 8,510 7,871 6,318 5,613 Cashflow from financing activities (2,279) (2,713) 10,065 12,739 1,400
Other income 942 1,191 981 837 1,109 Net change in cash & cash equivalents 201 (218) (328) (1,353) 991
Total Income 10,185 9,701 8,852 7,155 6,722
Key Financial indicators
Operating expenses (4,233) (4,067) (4,452) (3,294) (3,490)
Income Tax (711) (673) (760) (464) (384) Profitability
Net profit for the year 5,241 4,961 3,640 3,397 2,848 Net Profit ratio % 46% 45% 34% 40% 37%

Other comprehesnive income - - - - 31 Return on Equity % 12% 12% 10% 9% 8%

Total comprahensive income 5,241 4,961 3,640 3,397 2,879 Earning per share (RO) 0.017 0.018 0.013 0.014 0.011
Cash dividend (RO000) 3,108 1,925 1,650 2,000 2,500
Cash dividend ratio % 10% 7% 6% 8% 10%
Financial Position
Statement of Financial Position Stock dividend (RO000) 1,554 3,575 1,375 2,500 -
Assets Stock dividend ratio % 5% 13% 5% 10% -
Net investment in finance leases 118,449 114,709 112,466 97,941 79,335
Financial Position
Cash & bank balances 1,366 1,125 1,304 1,591 2,904
Authorised Capital (RO000) 50,000 27,501 50,000 50,000 50,000
Investments 554 554 554 608 608
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Tangible assets 2,609 2,646 2,676 2,713 3,459
Book value per share 0.142 0.148 0.136 0.143 0.140
Other assets 127 125 103 636 1,031
Equity Ratio % 36% 34% 32% 35% 40%
Total assets 123,105 119,159 117,103 103,489 87,337
Debt Ratio % 57% 59% 61% 58% 51%
Liabilities
Loans, advances / Deposits, borrowings % 168% 162% 157% 164% 179%
Deposits 17,822 15,954 17,038 12,000 14,625
Borrowings 52,509 54,731 54,710 47,683 29,819
Other liabilities 8,705 7,721 7,913 8,004 7,989
Total liabilities 79,036 78,406 79,661 67,687 52,433
Equity Net Profit / Total Dividend (RO 000)
Share capital 31,076 27,501 27,501 25,001 25,001 Net Profit Total Dividend
Retained earnings 5,673 6,480 3,761 5,276 5,041 6000
Others 7,320 6,772 6,180 5,525 4,862 5000
4000
Net-worth 44,069 40,753 37,442 35,802 34,904
3000
2000
1000
0
2011 2012 2013 2014 2015

Investment 61
ASharqiya Investment Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investment in securities and projects
30000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 6, Expatriates: 3 - Total: 9 24000
GCC

Key Staff Arabs not GCC


18000
Bharath Rajnarayan : CEO Foreigners

Main Shareholders (Holding 5% and more shares) 12000


Salim Said Hamad Al Fanna Al Araimi : 22.628 (%)
Al Siraj Investment Holding LLC : 11.290% (%) 6000
Public Authority for Social Insurance (PASI) : 5.984% (%) Omani GCC Arabs not GCC Foreigners Total
Salim International Investment Holding LLC : 5.957% (%) Nos 1,069 52 - 1 1,122
Mohammed Abdullah Issa Al Harthy : 5.000% (%) Value 8,238,913 34,684 - 6,402 8,280,000 0
2011 2012 2013 2014 2015
% 100% - - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Dr. Hamed Hashim Mohammed Al Dhahab Al Ghailani : Chairman 2014 2015

Mr. Ahmed Ali Mohamed AlAraimi : Deputy Chairman 0.350

Sheikh Saleh Ahmed Mohamed Al Harthy : Director 0.286


Mr. Mohammed Ali Mohammed Al Fannah : Director 0.222
Mr. Ghassan Khamis Ali Al Hashar : Director
0.158
Mr. Badar Mohamed Rashid Al Fanna Al Araimi : Director
0.094

0.030
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 85,414 218,786 203,087 16,400 2,962
Value of Trading (RO000) 11,868 58,826 40,130 1,698 313
Other Information No of trades executed 6,881 17,094 12,469 1,291 264
Established : 1998 Yearly High price (RO) 0.206 0.354 0.300 0.120 0.120
Auditors : Ernst & Young (E&Y) Yearly low price (RO) 0.092 0.099 0.101 0.080 0.085
Legal Advisor : Hamad Al Sharji, Peter Mansour & Co.
Closing price (RO) 0.092 0.130 0.261 0.108 0.096
Price Earnings Ratio (Multiplier) 46.000 18.571 37.286 27.000 20.757
Market Capitalisation (RO000) 8,280 11,248 21,924 8,640 7,680

62 Investment & Brokerage


ASharqiya Investment Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 1,302 1,848 1,585 1,648 1,225 Cashflow from operating activities 2,770 (462) 678 (1,094) (1,770)
Operating expenses (1,117) (1,223) (997) (1,310) (808) Cashflow from investing activities (6) 2 (115) (283) (645)
Other gains / (losses) - - - - - Cashflow from financing activities (1,283) (583) (899) (26) 2,440
Income Tax (51) (52) (57) (52) (47) Net change in cash & cash equivalents 1,481 (1,043) (336) (1,403) 25
Net profit for the year 134 573 531 286 370
Key Financial indicators
Other comprehesnive income (3,476) (3,968) 5,921 2,221 (200)
Total comprahensive income (3,342) (3,395) 6,452 2,507 170
Profitability
Net Profit ratio % 10% 31% 34% 17% 30%
Return on Equity % 1% 3% 2% 2% 3%
Financial Position
Earning per share (RO) 0.002 0.007 0.007 0.004 0.005
Statement of Financial Position
Cash dividend (RO000) - 433 588 400 -
Assets
Cash dividend ratio % - 5% 7% 5% -
Investments 13,160 19,057 21,871 15,977 11,956
Stock dividend (RO000) - 348 252 400 -
Receivables 3,838 4,010 4,078 4,283 4,724
Stock dividend ratio % - 4% 3% 5% -
Cash & bank balances 199 146 203 94 566
Tangible assets 65 79 99 1 3 Financial Position
Other assets - - - - - Authorised Capital (RO000) 12,000 12,000 12,000 12,000 12,000
Total assets 17,262 23,292 26,251 20,355 17,249 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.163 0.213 0.267 0.205 0.172
Bank borrowings 2,238 4,517 3,525 3,580 3,037 Equity Ratio % 85% 79% 85% 80% 81%
Other liabilities 349 327 294 396 420 Debt Ratio % 13% 19% 13% 18% 18%
Total liabilities 2,587 4,844 3,819 3,976 3,457
Equity
Share capital 9,000 8,652 8,400 8,000 8,000
Retained earnings 1,400 2,030 2,312 2,606 2,329
Others 4,274 7,766 11,720 5,773 3,463
Net Profit / Total Dividend (RO 000)
Net-worth 14,674 18,448 22,432 16,379 13,792
Net Profit Total Dividend
800

600

400

200

0
2011 2012 2013 2014 2015

Investment 63
Al Anwar Holdings S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investments in securities (shares and bonds)
60000
Address Assets Market Capitalisation Net-worth Equity

PO Box: 468, Postal Code: 131, Al Hamriya


Omani 50000
Al Sarooj Area, behind Shell Filling Station, near Muscat Eye Leaser Centre
GCC

Contact 40000
Arabs not GCC
Tel: 24692504, Fax: 24692507
Foreigners
Email: www.alanwarholdings.com 30000
Website: info@alanwarholdings.com
20000

No of staff
Omani: 2, Expatriates: 5 - Total: 7 Omani GCC Arabs not GCC Foreigners Total 10000
Nos 2,116 14 4 3 2,137
Value 24,420,032 304,645 34,412 3,168 24,762,257 0
Key Staff 2011 2012 2013 2014 2015
% 99% 1% - - 100%
Reji Joseph : Chief Executive Officer

Share Closing Price Index - Monthly for 2 years


Main Shareholders (Holding 5% and more shares)
2014 2015
Fincorp Company LLC : 23.034% 0.410
Mohammed and Ahmed Al Khonji LLC : 5.034%
0.345

0.280
Board of Directors
Mr. Masoud Humaid Al Harthy : Chairman 0.215

Mr. Qais Mohamed Al Yousef : Deputy Chairman


0.150
Mr. Mehdi Mohamed Al Abduwani : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Shabir Moosa Al Yousef : Director
Mr. Abduredha Mustafa Sultan : Director Trading Information 2015 2014 2013 2012 2011
Mr. Qaboos Abdullah Al Khonji : Director No of Shares Traded (000) 667,530 351,551 452,589 186,486 40,768

Sheikh Mohamed Abdullah Said Al Rawas : Director Value of Trading (RO000) 156,517 104,562 113,867 24,345 4,797
No of trades executed 38,601 24,888 29,171 14,187 5,842
Yearly High price (RO) 0.287 0.412 0.386 0.164 0.150
Other Information
Yearly low price (RO) 0.155 0.140 0.134 0.102 0.084
Established : 20/12/1994
Closing price (RO) 0.165 0.191 0.374 0.132 0.108
Auditors : PWC
Price Earnings Ratio (Multiplier) 4.292 7.640 28.769 33.000 (10.800)
HAMDAN AL DUREY
Legal Advisor : Barristers & Legal Consultants Market Capitalisation (RO000) 24,762 24,926 44,880 15,840 12,960

64 Investment & Brokerage


Al Anwar Holdings S.A.O.G Fiscal Year - 31st March

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 7,603 6,028 3,914 3,165 1,511 Cashflow from operating activities 2,237 (869) 4,268 301 957
Operating expenses (2,438) (2,462) (2,119) (2,937) (2,751) Cashflow from investing activities 11,886 (887) (3,697) (3,281) (314)
Other gains / (losses) - - - - - Cashflow from financing activities (11,070) 1,251 1,066 2,649 (1,973)
Income Tax (148) 2 24 (97) (34) Net change in cash & cash equivalents 3,053 (505) 1,637 (331) (1,330)
Net profit for the year 5,017 3,568 1,819 131 (1,274)
Key Financial indicators
Other comprehesnive income (40) 66 60 23 -
Total comprahensive income 4,977 3,634 1,879 154 (1,274) Profitability
Net Profit ratio % 66% 59% 46% 4% (84%)
Return on Equity % 17% 14% 8% 1% (6%)
Financial Position
Earning per share (RO) 0.038 0.025 0.013 0.004 (0.010)
Statement of Financial Position
Cash dividend (RO000) - 1,200 690 - -
Assets
Investments 23,525 32,904 28,741 26,637 21,731 Cash dividend ratio % - 10.00% 5.75% - -

Receivables 4,474 4,248 4,499 4,077 6,654 Stock dividend (RO000) - 1,050 - - -

Cash & bank balances 15,365 10,211 8,196 4,128 5,296 Stock dividend ratio % - 8.75% - - -

Tangible assets 82 96 101 100 3,752 Financial Position


Other assets 470 598 709 752 3,850 Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Total assets 43,916 48,057 42,246 35,694 41,283 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.196 0.100 0.165 0.151 0.147
Borrowings - 9,704 7,327 6,746 9,398 Equity Ratio % 68% 54% 55% 58% 52%
Other liabilities 14,137 12,351 11,861 8,254 10,481 Debt Ratio % - 20% 17% 19% 23%
Total liabilities 14,137 22,055 19,188 15,000 19,879
Equity
Share capital 13,050 12,000 12,000 12,000 12,000
Retained earnings 9,720 8,040 5,955 4,500 4,141
Others 7,009 5,962 5,103 4,194 5,263
Net Profit / Total Dividend (RO 000)
Net-worth 29,779 26,002 23,058 20,694 21,404
Net Profit Total Dividend
6000
4500
3000
1500
0
-1500
-3000
2011 2012 2013 2014 2015

Investment 65
Al Batinah Development & Investment Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financial Holding Companies
8000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 2, Expatriates: 1 - Total: 3 6400
GCC

Key Staff Arabs not GCC


4800
Gamal Abdulaziz Haggag : Finance & Admin Manager/ Board Secretary Foreigners

Main Shareholders (Holding 5% and more shares) 3200


Yassin Abdullaziz Ahmed Al Enezi : 15.761%
First National LLC : 11.344%
1600
Suleiman Ahmed Said Al Huqani : 10.944% Omani GCC Arabs not GCC Foreigners Total
HSBC A/C. BNP : 9.917% Nos 981 28 - - 1,009
Golden Ghantaq LLC : 5.343% Value 1,891,160 448,840 - - 2,340,000 0
% 81% 19% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Sheikh/ Salah Helal AL Mawali : Chairman 2014 2015

Mr. Nasser Said AL Harthi : Deputy Chairman 0.250

Mr. Waled Mohammed Najeh Al-Salah : Director 0.202


Mr. Waseem Salah Abd Qraeen : Director 0.154
Mr. Imad Rathwan Al-Botaina : Director
0.106

0.058

0.010
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 42,684 143,703 64,362 49,605 19,962
Value of Trading (RO000) 6,867 25,890 5,985 1,973 894
Other Information No of trades executed 4,015 8,591 3,881 3,089 2,566
Established : 1997 Yearly High price (RO) 0.211 0.224 0.128 0.065 0.071
Auditors : UTC International (Usamah Tabbarah & Company) Yearly low price (RO) 0.076 0.083 0.045 0.030 0.032
Legal Advisor : Mattar Al Saidi Office for Advocates and Legal Consultants
Closing price (RO) 0.078 0.125 0.084 0.052 0.034
Price Earnings Ratio (Multiplier) 26.292 3.788 (28.000) (8.667) (2.267)
Market Capitalisation (RO000) 2,340 3,750 2,520 1,560 2,040

66 Investment & Brokerage


Al Batinah Development & Investment Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 132 127 1,353 1,666 1,858 Cashflow from operating activities 670 531 571 (210) (265)
Operating expenses (145) (152) (1,537) (1,749) (2,930) Cashflow from investing activities (649) (596) (353) 221 (148)
Other gains / (losses) 103 1,013 105 (205) (203) Cashflow from financing activities (131) (8) (236) (72) 62
Income Tax (1) - - (1) 2 Net change in cash & cash equivalents (110) (73) (18) (61) (351)
Net profit for the year 89 988 (79) (289) (1,273)
Key Financial indicators
Other comprehesnive income - (8) - (1) -
Total comprahensive income 89 980 (79) (290) (1,273) Profitability
Net Profit ratio % 67% 778% (6%) (17%) (69%)
Return on Equity % 3% 31% (2%) (9%) (34%)
Financial Position
Earning per share (RO) 0.003 0.033 (0.003) (0.006) (0.015)
Statement of Financial Position
Cash dividend (RO000) - 150 - - -
Assets
Investments 2,730 2,001 1,303 794 1,189 Cash dividend ratio % - 5% - - -

Receivables 492 1,095 413 729 514 Stock dividend (RO000) - - - - -

Cash & bank balances 84 194 310 328 390 Stock dividend ratio % - - - - -

Tangible assets 16 35 654 778 3,121 Financial Position


Other assets - - 765 1,363 1,384 Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Total assets 3,322 3,325 3,445 3,992 6,598 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.108 0.107 0.107 0.072 0.058
Borrowings 5 - 5 477 2,081 Equity Ratio % 97% 97% 94% 81% 56%
Other liabilities 88 94 209 264 810 Debt Ratio % - - - 12% 32%
Total liabilities 93 94 214 741 2,891
Equity
Share capital 3,000 3,000 3,000 3,000 6,000
Retained earnings 86 6 (346) (264) (1,782)
Others 143 225 577 515 (511)
Net Profit / Total Dividend (RO 000)
Net-worth 3,229 3,231 3,231 3,251 3,707
Net Profit Total Dividend
1500
900
300
0
-300
-900
-1500
2011 2012 2013 2014 2015

Investment 67
Dhofar International Development & Investment Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
The companys main activity Is investment in business , marketable securities and
promotion of new projects
280000 Assets Market Capitalisation Net-worth Equity

No of staff Omani
224000
Omani: 26, Expatriates: 8 - Total: 34 GCC

Arabs not GCC


Key Staff 168000
Foreigners
Ali bin Ahmed Salim Al Mashani : General Manager
112000
Main Shareholders (Holding 5% and more shares)
Muscat Overseas : 16.52%
Abdulhafidh Salim Rajab AlUjaili : 12.19% 56000
Omani GCC Arabs not GCC Foreigners Total
Civil Services Employees Pension Fund : 6.47%
Nos 807 11 - 1 819
Fincorp Investment Co. LLC : 6.46%
Value 94,709,032 3,357,265 - 736 98,067,032 0
Dhofar Cattle Feed Co. S.A.O.G : 5.60% 2011 2012 2013 2014 2015
% 97% 3% - - 100%
Mohamed Mousa Abdullah Al Yousif : 5.54%
ROP pension Fund : 5.09% Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors
0.650
Chairman/ Investment
Sheikh Khalid bin Mustahail Ahmed Al Mashani : Committee Chairman
Vice Chairman/ 0.575
Mr. Tariq bin Abdulhafidh Salim Al Ujaili : Investment Committee
Board Member/ Audit 0.500
Mr. Omer bin Ahmed Abdulla Mahfoodh Alsheikh : Committee Chairman
Board Member/ 0.425
Mr. Ahmed bin Mohamed Salim Al Kaf : Audit Committee Member
Board Member/ 0.350
Mr. Salim bin Abdullah Faraj Al Awadi : Investment Committee Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Board Member/
Mr. Faisal bin Mohamed Musa Alyousif : Investment Committee Member
Board Member/ Trading Information 2015 2014 2013 2012 2011
Sheikh Qais bin Mustahail Ahmed Al Mashani : Investment and Audit Committees No of Shares Traded (000) 8,397 17,543 53,272 15,284 13,269
Member
Board Member/ Value of Trading (RO000) 4,035 10,053 27,683 5,703 6,825
Sheikh Ahmed bin Abdulla Saeed Badr Al-Rawas : Audit Committee Chairman
No of trades executed 273 1,077 3,559 1,669 1,703
Other Information Yearly High price (RO) 0.546 0.644 0.652 0.525 0.660
Established : 1987 Yearly low price (RO) 0.390 0.520 0.375 0.307 0.385
Auditors : Ernst & Young (EY) Closing price (RO) 0.398 0.530 0.616 0.375 0.435
Legal Advisor : Mohamed Al Barami Legal Consultants & Arbitration Price Earnings Ratio (Multiplier) 7.930 9.298 6.553 6.818 87.000
Market Capitalisation (RO000) 98,067 116,600 123,200 75,000 87,000

68 Investment & Brokerage


Dhofar International Development & Investment Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 3,098 3,577 5,801 3,222 1,189 Cashflow from operating activities (600) 7,329 8,626 9,492 (49,518)
Operating expenses (5,246) (5,210) (4,692) (3,398) (2,418) Cashflow from investing activities (4,161) (2,008) (30,001) (3,277) (1,259)
Other gains / (losses) 14598 14,285 17,889 11,245 2,303 Cashflow from financing activities 3,988 (4,620) 20,700 (5,203) 50,929
Income Tax (83) (55) (178) - - Net change in cash & cash equivalents (773) 701 (675) 1,012 152
Net profit for the year 12,367 12,597 18,820 11,069 1,074
Key Financial indicators
Other comprehesnive income (343) 2,494 1,411 2,427 350
Total comprahensive income 12,024 15,091 20,231 13,496 1,424 Profitability
Net Profit ratio % 399% 352% 324% 344% 90%
Return on Equity % 11% 12% 19% 13% 1%
Financial Position
Earning per share (RO) 0.050 0.057 0.094 0.055 0.005
Statement of Financial Position
Cash dividend (RO000) 3,696 3,960 4,000 6,000 4,000
Assets
Investments 218,895 202,517 192,489 149,834 139,658 Cash dividend ratio % 15% 18% 20% 30% 20%

Receivables 8,104 4,636 598 809 684 Stock dividend (RO000) - 2,640 2,000 - -

Cash & bank balances 15,843 16,617 15,916 16,591 19,579 Stock dividend ratio % - 12% 10% - -

Tangible assets 6173 6,478 6,839 7,479 1,153 Financial Position


Other assets 29 28 27 25 - Authorised Capital (RO000) 500,000 50,000 50,000 50,000 50,000
Total assets 249,044 230,276 215,869 174,738 161,074 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Net assets / Book value per share (RO) 0.474 0.494 0.489 0.417 0.385
Bank borrowings 130,501 120,168 116,926 90,156 83,273 Equity Ratio % 47% 47% 45% 48% 48%
Other liabilities 1,740 1,368 1,001 871 537 Debt Ratio % 52% 52% 54% 52% 52%
Total liabilities 132,241 121,536 117,927 91,027 83,810
Equity
Share capital 24,640 22,000 20,000 20,000 20,000
Retained earnings 64,743 59,166 51,325 38,458 34,426
Others 27,421 27,574 26,617 25,253 22,838
Net Profit / Total Dividend (RO 000)
Net-worth 116,804 108,740 97,942 83,711 77,264
Net Profit Total Dividend
20000
16000
12000
8000
4000
0
2011 2012 2013 2014 2015

Investment 69
The Financial Corporation Co. S.A.O.G (FINCORP)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Brokerage, Asset Management, Corporate Finance & Advisory, Private Equity
15000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 12, Expatriates: 18 - Total: 30 12000
GCC

Key Staff Arabs not GCC 9000


Nasr Amer Shwain Al Hosni : CEO Foreigners
Anil Kumar : Senior Vice President - Asset Management
Binoy Jacob : Senior Vice President Finance 6000
Nabil Al Balushi : Vice President - Brokerage

3000
Main Shareholders (Holding 5% and more shares) Omani GCC Arabs not GCC Foreigners Total
Oman & Emirates Investment Holding Co. S.A.O.G : 51.2% Nos 1,433 13 1 - 1,447
Oman Investment & Finance Ltd S.A.O.G : 21.82% Value 7,836,119 77,221 45 - 7,913,385 0
2011 2012 2013 2014 2015
Al Khonji Invest LLC : 10.86% % 99% 1% - - 100%
Sameeh Onsi Najuib Sawiris : 9.99%
Share Closing Price Index - Monthly for 2 years

2014 2015
0.170

Board of Directors
Mr. Hilal Hamed Abdullah Al Hsani : Chairman
Mr. Said Ahmed Safrar : Deputy Chairman 0.135
Mr. Mohamed Abdulla Al Khonji : Non-Executive Director
Mr. Awad Mohamed Faraj Bamkhalef : Non-Executive Director
Mr. Mohamed Darwish Al Khoori : Non-Executive Director 0.100
Mr. Hamyar Nasser Said Al Ismaeely : Non-Executive Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dr. Sultan Salem Hamed Allah Al Debei : Non-Executive Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 1,976 3,111 5,718 338 3,094
Value of Trading (RO000) 222 422 630 42 4,078
No of trades executed 16 300 113 4 48
Other Information Yearly High price (RO) 0.125 0.171 0.125 0.125 0.140
Established : 5/13/03 Yearly low price (RO) 0.110 0.113 0.090 0.112 0.125
Auditors : Deloitte Touche Closing price (RO) 0.113 0.125 0.114 0.124 1.257
Legal Advisor : Hamdan Al Derai Legal Price Earnings Ratio (Multiplier) (19.636) 6.010 (380.000) (41.333) (15.911)
Market Capitalisation (RO000) 7,913 8,754 7,983 8,684 8,753

70 Investment & Brokerage


The Financial Corporation Co. S.A.O.G (FINCORP) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 635 2,215 1,111 1,152 1,173 Cashflow from operating activities 1,027 (1,735) 604 (646) (299)
Operating expenses (1,053) (1,052) (959) (1,307) (1,499) Cashflow from investing activities (37) 443 71 1,797 (1,349)
Other gains / (losses) 29 380 (84) (99) (256) Cashflow from financing activities (214) - - (1,000) (1,331)
Income Tax (14) (105) (44) 16 27 Net change in cash & cash equivalents 776 (1,292) 675 151 (2,979)
Net profit for the year (403) 1,438 24 (238) (555)
Key Financial indicators
Other comprehesnive income (27) 33 53 30 51
Total comprahensive income (431) 1,471 77 (208) (504) Profitability
Net Profit ratio % (63%) 65% 2% (21%) (47%)
Return on Equity % (4%) 16% 0% (3%) (7%)
Financial Position Earning per share (RO) - Continuing
Statement of Financial Position opeartions (0.006) 0.0208 (0.0003) (0.003) (0.079)

Assets Cash dividend (RO000) - - - - -


Investments 7,259 5,916 5,589 5,583 7,280 Cash dividend ratio % - - - - -
Receivables 3,319 3,943 1,112 1,267 1,004 Stock dividend (RO000) - - - - -
Cash & bank balances 1,621 279 1,380 705 554 Stock dividend ratio % - - - - -
Tangible assets 61 40 35 74 178 Financial Position
Other assets 441 455 583 663 723 Authorised Capital (RO000) 12,000 12,000 12,000 12,000 12,000
Total assets 12,701 10,633 8,699 8,292 9,739 Par value per share (RO) 0.100 0.100 0.100 0.100 1.000
Liabilities Book value per share 0.122 0.126 0.105 0.104 1.067
Borrowings 739 - - - 985 Equity Ratio % 79% 83% 84% 88% 77%
Other liabilities 1,958 1,821 1,358 1,028 1,281 Debt Ratio % 6% - - - 10%
Total liabilities 2,697 1,821 1,358 1,028 2,266
Equity
Share capital 7,003 7,003 7,003 7,003 7,003
Retained earnings 527 786 (508) (530) (293)
Others 2,473 1,023 846 791 763
Net Profit / Total Dividend (RO 000)
Net-worth 10,004 8,812 7,341 7,264 7,473
Net Profit Total Dividend
0.170

0.135

0.100

Investment 71
Financial Services Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Brokerage .
Issue Management. 14000 Assets Market Capitalisation Net-worth Equity
Portfolio Management.
Marketing non-Oman Securites. Omani 12000
Investment advice and Research .
GCC
10000
No of staff Arabs not GCC
No Employees : 19 8000
Foreigners
Omanis : 13
No- Omani :6 6000

Key Staff 4000


Salim bin Aqil bin Ahmed Al- Hadi (Acting General Manager)
Omani GCC Arabs not GCC Foreigners Total 2000
Main Shareholders (Holding 5% and more shares) Nos 478 5 - 2 485
Dhofar International development & investment holding Value 10,613,667 109,188 - 2,145 10,725,000 0
SOAG
: 46.15% 2011 2012 2013 2014 2015
% 99% 1% - - 100%
Mohsen Ahmed Alawi Al Hadad : 28.89%
Global Trust Investment Company : 8.56% Share Closing Price Index - Monthly for 2 years

2014 2015
0.175

0.160
Board of Directors
Mr. Tariq bin Abdulhafidh Salim Al- Aujaili : Chairman of the Board
Engineer / Abdul Qadir bin Ahmed Alawi Al-Haddad : Board Member
0.145
Sheikh / Abdullah bin Ahmed Bakheet Al Shanfari : Board Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sheikh / Mustafa bin Abdul Qadir Salim Al Ghassani : Board Member
Sheikh / Majeed bin Mohammed Faraj Al -Rawas : Board Member Trading Information 2015 2014 2013 2012 2011
Sheikh / Ali bin Naji bin Mohsen Al Yafei : Board Member No of Shares Traded (000) 6,423 13,024 95,734 26,594 4,718
Mr. / Hussein bin Ali bin Ahmed Al-Haddad : Board Member Value of Trading (RO000) 1,059 2,110 9,100 2,081 377
No of trades executed 36 255 4,096 2,188 631
Yearly High price (RO) 0.167 0.173 0.170 0.095 0.127
Other Information
Yearly low price (RO) 0.150 0.135 0.056 0.050 0.048
Established : 1989
Closing price (RO) 0.165 0.160 0.161 0.069 0.055
Auditors : Ernst &Young LLC
Price Earnings Ratio (Multiplier) (40.472) 53.333 20.125 (5.308) (1.774)
Abdullah Al Nofli & Mohammed Al-Tayeb & Co
Legal Advisor : Advocates, Legal Consultants & Arbitrators Market Capitalisation (RO000) 10,725 10,400 10,465 4,485 3,575

72 Investment & Brokerage


Financial Services Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 485 925 1,236 474 (523) Cashflow from operating activities (155) 577 (701) 177 858
Operating expenses (750) (715) (752) (860) (1,266) Cashflow from investing activities (3) (59) 3 - (10)
Other gains / (losses) - - 17 (777) (227) Cashflow from financing activities (48) (62) (65) (98) (535)
Income Tax - (20) - - - Net change in cash & cash equivalents (207) 456 (763) 79 313
Net profit for the year (265) 190 501 (1,163) (2,016)
Key Financial indicators
Other comprehesnive income 53 586 (20) (836) 15
Total comprahensive income (212) 776 481 (1,999) (2,001) Profitability
Net Profit ratio % (55%) 21% 41% (245%) 385%
Return on Equity % (6%) 4% 13% (35%) (38%)
Financial Position
Earning per share (RO) (0.004) 0.003 0.008 (0.013) (0.031)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Investments 1,390 1,712 2,176 2,403 3,663 Cash dividend ratio % - - - - -

Receivables 3,451 3,335 2,292 734 578 Stock dividend (RO000) - - - - -

Cash & bank balances 524 50 357 971 615 Stock dividend ratio % - - - - -

Tangible assets 2,399 2,515 2,001 2,130 3,173 Financial Position


Other assets - - - - - Authorised Capital (RO000) 6,500 6,500 6,500 6,500 6,500
Total assets 7,764 7,612 6,826 6,238 8,029 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.068 0.071 0.059 0.052 0.082
Borrowings 1338 658 1,421 1,271 994 Equity Ratio % 57% 61% 57% 54% 66%
Other liabilities 1,998 2,314 1,540 1,617 1,720 Debt Ratio % 17% 9% 21% 20% 12%
Total liabilities 3,336 2,972 2,961 2,888 2,714
Equity
Share capital 6,500 6,500 6,500 6,500 6,500
Retained earnings (5,880) (5,648) (5,872) (6,407) (5,278)
Others 3,808 3,788 3,237 3,257 4,093
Net Profit / Total Dividend (RO 000)
Net-worth 4,428 4,640 3,865 3,350 5,315
Net Profit Total Dividend
2500
1500
500
0
-500
-1500
-2500
2011 2012 2013 2014 2015

Investment 73
Global Financial Investments Holding S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financial holding companies
50000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 8, Expatriates: 2 - Total: 10 40000
GCC

Key Staff Arabs not GCC 30000


Jamal Said Rajab Al Ojaili : CEO Foreigners

20000
Main Shareholders (Holding 5% and more shares)
Mohsin bin Ahmed bin Alawi Al-Hadad : 24.72%
Suleiman bin Ahmed bin Siad Al-Hoqani : 24.59% 10000
First National : 10.59% Omani GCC Arabs not GCC Foreigners Total
Hassan bin Ehsan bin Naseeb Al-Nasib : 10.09% Nos 834 33 - 1 868
Global Trust Investment Company : 5.40% Value 21,683,684 516,106 - 211 22,200,000 0
2011 2012 2013 2014 2015
% 98% 2% - - 100%

Board of Directors Share Closing Price Index - Monthly for 2 years


Mr. Sulieman bin Ahmed bin Said Al-Hoqani : Chairman
2014 2015
Mr. Hassan bin Ehsan bin Nasib Al-Nasib : Deputy Chairman
0.190
Mr. Jamal bin Said bin Rajab Al-Ojaili : Director
Mr. Mohammad Hashem Al-Jaghbir : Member of the legal
Mr. Kamal Assad Suleiman abu tayeh : Member of the legal
Mr. Ahmad bin Ali bin Ahmed Al-Hoqani : Director 0.145
Mr. Mohsin bin Ahmed bin Alawi Al-Hadad : Director
Mr. Ismail bin Ahmed bin Ibrahim Al-Balushi : Director
0.100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Other Information
Established : 25/03/1997 Trading Information 2015 2014 2013 2012 2011
Auditors : PWC No of Shares Traded (000) 18,902 321,127 601,582 255,109 46,880
Legal Advisor : Bakheet Suhail Saeed Value of Trading (RO000) 20,881 50,261 85,725 23,349 2,901
No of trades executed 1,706 6,004 21,871 11,687 4,247
Yearly High price (RO) 0.127 0.188 0.180 0.114 0.080
Yearly low price (RO) 0.100 0.107 0.092 0.055 0.045
Closing price (RO) 0.111 0.122 0.155 0.091 0.056
Price Earnings Ratio (Multiplier) 16.204 (122.000) 16.848 13.788 (11.200)
Market Capitalisation (RO000) 22,200 24,400 31,000 27,300 16,800

74 Investment & Brokerage


Global Financial Investments Holding S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 2,699 3,493 6,335 4,304 890 Cashflow from operating activities (1,631) 2,308 9,314 (2,007) 502
Operating expenses (2,830) (3,464) (3,669) (4,431) (2,344) Cashflow from investing activities 230 (313) (85) 4,508 1,329
Other gains / (losses) 1502 141 155 2,548 172 Cashflow from financing activities (282) (1,358) (9,870) (3,786) 4
Income Tax (1) (147) (277) (360) - Net change in cash & cash equivalents (1,683) 637 (641) (1,285) 1,835
Net profit for the year 1,370 23 2,544 2,061 (1,282)
Key Financial indicators
Other comprehesnive income 187 (470) 132 675 1,097
Total comprahensive income 1,557 (447) 2,676 2,736 (185) Profitability
Net Profit ratio % 51% 1% 40% 48% (144%)
Return on Equity % 4% 0% 8% 5% (4%)
Financial Position
Earning per share (RO) 0.007 (0.001) 0.0092 0.0066 (0.005)
Statement of Financial Position
Cash dividend (RO000) 1,000 - - - -
Assets
Investments 27,490 25,139 25,337 30,565 30,292 Cash dividend ratio % 5% - - - -

Receivables 3,105 4,343 4,532 2,882 2,091 Stock dividend (RO000) - - - - -

Cash & bank balances 5,689 6,939 6,637 5,880 4,629 Stock dividend ratio % - - - - -

Tangible assets 1551 1,701 2,136 2,478 1,163 Financial Position


Other assets 168 187 582 753 544 Authorised Capital (RO000) 50,000 50,000 50,000 50,000 50,000
Total assets 38,003 38,309 39,224 42,558 38,719 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.161 0.153 0.149 0.126 0.116
Borrowings 1506 1,073 2,187 736 1,069 Equity Ratio % 89% 85% 81% 92% 92%
Other liabilities 2,503 4,567 5,157 2,499 2,026 Debt Ratio % 4% 3% 6% 2% 3%
Total liabilities 4,009 5,640 7,344 3,235 3,095
Equity
Share capital 20,000 20,000 20,000 30,000 30,000
Retained earnings 3,552 2,189 2,922 1,190 64
Others 10,442 10,480 8,958 8,133 5,560
Net Profit / Total Dividend (RO 000)
Net-worth 33,994 32,669 31,880 39,323 35,624
Net Profit Total Dividend
3000
1800
600
0
-600
-1800
-3000
2011 2012 2013 2014 2015

Investment 75
Gulf Investment Services Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investments in businesses, financial assets and real estate.
40000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 4, Expatriates: 4 - Total: 8 32000
GCC

Key Staff Arabs not GCC


24000
Pradeep Asrani
: Chief Executive Officer Foreigners

16000

Main Shareholders (Holding 5% and more shares)


First National Co. : 14.11% 8000
Omani GCC Arabs not GCC Foreigners Total
Yassin Abdul Aziz Ahmed Al Onaizi : 11.46%
Nos 1,038 14 - 2 1,054
Ahmed bin Alawi Bin Abdullah Al Ibrahim-Oman Arab
Bank
: 8.92% Value 4,607,646 687,534 - 709 5,295,890 0
2011 2012 2013 2014 2015
HSBC A/C BNP PARIBAS A/C ARQAAM CAPITAL LIMITED. : 5.79% % 87% 13% - - 100%

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Dr. Hatim bin Bakhit Al Shanfari : Chairman 0.320
Mr. Yasin Abdul Aziz Ahmad Al Onaizy : Deputy Chairman
0.272
Mr. Salim Tamam Musallam Al Mashani : Director
0.224
Mr. K.K. Abdul Razak : Director
Mr. Badar Awad Badar Al Shanfari : Director 0.176
Mr. Pradeep Asrani : Executive Director 0.128
Mr. Himansu Mohapatra : Director
0.080
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 231,054 593,380 980,798 366,098 73,892
Value of Trading (RO000) 35,272 152,482 160,190 31,520 5,716
No of trades executed 11,812 24,475 32,481 16,815 7,114
Other Information
Yearly High price (RO) 0.193 0.320 0.208 0.106 0.099
Established : 11/01/1995
Yearly low price (RO) 0.088 0.110 0.094 0.053 0.048
Auditors : Ernst & Young
Closing price (RO) 0.090 0.142 0.206 0.094 0.052
Legal Advisor : Suhail Zabnoot Advocates and Legal Consultants
Price Earnings Ratio (Multiplier) (12.857) 14.200 7.630 10.444 (26.000)
Market Capitalisation (RO000) 13,521 21,333 30,948 14,122 7,812

76 Investment & Brokerage


Gulf Investment Services Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 718 3,243 6,560 2,610 977 Cash (used in) /from operating activities (547) 7,735 (1,268) (624) 399
Operating expenses (1,780) (1,468) (1,822) (1,234) (1,157) Cash (used in) /investing activities 3,832 5,241 1,006 (60) (1,564)
Other gains / (losses) (153) (185) (345) (83) (351) Cash from / (used in) financing activities (2,042) (4,464) (111) 596 62
Income Tax - - (150) - - Net change in cash & cash equivalents 1,243 8,512 (373) (88) (1,103)
Net profit / (losses) for the year (1,215) 1,590 4,243 1,293 (531)
Other comprehensive income /
Key Financial indicators
(losses) (43) (63) 22 11 (17)
Profitability
Total comprehensive income / (1,258) 1,527 4,265 1,304 (548)
(losses) Net Profit ratio % (169%) 49% 65% 50% (54%)
Return on Equity % (6%) 7% 19% 7% (3%)
Financial Position Earning /(losses)per share (RO) (0.007) 0.010 0.027 0.009 (0.002)
Statement of Financial Position Cash dividend (RO000) - 901 2,254 901 -
Assets Cash dividend ratio % - 6% 15% 6% -
Investments 14,175 19,855 24,545 21,547 20,414 Stock dividend (RO000) - - - - -
Receivables 3,339 4,076 4,505 2,092 627 Stock dividend ratio % - - - - -
Cash & bank balances 10,047 8,805 351 833 1,040
Financial Position
Other tangible assets 203 164 83 160 145
Authorised Capital (RO000) 30,000 30,000 30,000 30,000 30,000
Intangible assets 578 38 38 38 38
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Total assets 28,342 32,938 29,522 24,670 22,264
Book value per share 0.128 0.142 0.147 0.125 0.116
Liabilities
Equity Ratio % 68% 65% 75% 76% 78%
Bank borrowings 1400 2,450 4,818 3,977 3,346
Debt Ratio % 5% 7% 16% 16% 15%
Other liabilities 7,741 9,128 2,617 1,972 1,504
Total liabilities 9,141 11,578 7,435 5,949 4,850
Equity
Share capital 15,023 15,023 15,023 15,023 15,023
Retained earnings/(Accumulated (1,951) 36 929 (1,963) (3,209)
losses)
Others 6,129 6,301 6,135 5,661 5,600 Net Profit / Total Dividend (RO 000)

Net-worth 19,201 21,360 22,087 18,721 17,414 Net Profit Total Dividend
4000

2000

-2000

-4000
2011 2012 2013 2014 2015

Investment 77
National Securities Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financial Brokerage
5000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 9, Expatriates: 7 - Total: 16 4000
GCC

Key Staff Arabs not GCC


3000
Hussam Sakit Mousa AL Jundi : President Foreigners
Alaa Eldin Mahmoud Abdalla Mohammed : VP Finance and Administration
Mohammad Khalid Mohammad AL Hafi : VP Brokerage and Marketing 2000
Arafat Awad Mohammad Asad : VP Asset Management

1000
Main Shareholders (Holding 5% and more shares) Omani GCC Arabs not GCC Foreigners Total
Qurum Business Group : 19.76% Nos 308 7 3 1 319

Salim International Investment Holding : 9.56% Value 3,276,911 97,696 4,971 423 3,380,000
0
% 97% 3% - - 100% 2011 2012 2013 2014 2015
Salim Saeed Hamad al Araimi : 8.96%
Murtada Ahmad Sultan Mohammad : 8.17%
Share Closing Price Index - Monthly for 2 years
The Zubair Corporation : 7.50%
Sultan Sons for trading Co. : 6.75% 2014 2015
Mohammad Ali Nasser Al Alawi : 6.75% 0.190
Al Baz for Services and Investment : 5.78%

Board of Directors 0.135

Hamood Sultan Saif Al Hosni : Chairman


Hisham Mohamed Ali Al Alawi : Deputy Chairman & Audit Com Chairman
Abdulaziz Ahmed Sultan Al Hosni : Director 0.080
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Abdulla Suleiman Al Harthy : Director & Audit Com. Member
Haitham Murtadha Ahmed Sultan : Director & Audit Com. Member Trading Information 2015 2014 2013 2012 2011
Dr. Saeed Ali Al Araimi : Director No of Shares Traded (000) 30 6,541 9,531 2,104 1,533
Talal Al Zubair Mohamed Al Zubair : Director & Audit Com. Member Value of Trading (RO000) 5 685 748 142 150
Majid bin Shamas Al Battashi : Director
No of trades executed 3 478 327 55 28
Yearly High price (RO) 0.175 0.200 0.097 0.085 0.126
Other Information Yearly low price (RO) 0.169 0.085 0.055 0.061 0.072
Established : 1997 Closing price (RO) 0.169 0.160 0.090 0.067 0.077
Auditors : Moore Stephens Price Earnings Ratio (Multiplier) (3.291) 4.44 (7.500) (4.467) (9.625)
Legal Advisor : Rajab al Kathiri & Associates Market Capitalisation (RO000) 3,380 3,200 2,250 1,675 1,925

78 Investment & Brokerage


National Securities Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income (489) 1,201 251 239 444 Cashflow from operating activities 302 (924) 310 (288) (135)
Operating expenses (538) (476) (559) (615) (639) Cashflow from investing activities 51 119 301 438 3
Other gains / (losses) - - - - - Cashflow from financing activities (25) 746 (108) (230) 99
Income Tax - - - - - Net change in cash & cash equivalents 328 (59) 503 (80) (33)
Net profit for the year (1,027) 725 (308) (376) (195)
Key Financial indicators
Other comprehesnive income (11) (17) (6) (22) (31)
Total comprahensive income (1,038) 708 (314) (398) (226) Profitability
Net Profit ratio % 210% 60% (123%) (157%) (44%)
Return on Equity % (63%) 27% (25%) (25%) (10%)
Financial Position
Earning per share (RO) (0.051) 0.036 (0.012) (0.015) (0.008)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Investments 1,866 2,612 1,862 2,167 2,636 Cash dividend ratio % - - - - -

Receivables 308 1,192 404 663 729 Stock dividend (RO000) - - - - -

Cash & bank balances 223 479 537 9 61 Stock dividend ratio % - - - - -

Tangible assets 41 13 23 33 14 Financial Position


Other assets - - - - - Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Total assets 2,438 4,296 2,826 2,872 3,440 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.081 0.133 0.048 0.061 0.077
Borrowings 303 886 856 1,013 1,317 Equity Ratio % 67% 62% 43% 53% 56%
Other liabilities 507 743 762 336 204 Debt Ratio % 12% 21% 30% 35% 38%
Total liabilities 810 1,629 1,618 1,349 1,521
Equity
Share capital 2,000 2,000 2,500 2,500 2,500
Retained earnings (566) (147) (1,441) (1,133) (758)
Others 194 814 149 156 177
Net Profit / Total Dividend (RO 000)
Net-worth 1,628 2,667 1,208 1,523 1,919
Net Profit Total Dividend
1500
900
300
-300
-900
-1500
2011 2012 2013 2014 2015

Investment 79
Oman & Emirates Investment Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investing in various aspects of investment in the Sultanate of Oman and the UAE and
undertaking the services complimentary to it.
70000 Assets Market Capitalisation Net-worth Equity

No of staff Omani 60000


Omani: 11, Expatriates: 15 - Total: 26 GCC
50000
Arabs not GCC
Key Staff 40000
Foreigners
Awad Bin Mohammed Bamkhalef : CEO
Raffy Kozadjian : Projects Manager 30000
Sultan Al-Debei : Investment Manager
A.V Manohar : Financial Controller 20000

Omani GCC Arabs not GCC Foreigners Total 10000


Main Shareholders (Holding 5% and more shares) Nos 308 7 3 1 319
Abu Dhabi Investment Authority : 30% Value 3,276,911 97,696 4,971 423 3,380,000 0
2011 2012 2013 2014 2015
Abu Dhabi Securities Market/ Transfer Account : 6.40% % 97% 3% - - 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
0.290

0.248
Board of Directors
0.206
Directo General of Developmental
H.H Marwan Bin Turki Al Said : Research & Studies 0.164
Executive Director, Operation
Mr. Mohamed Darwish Al Khoori : Department
0.122
Deputy Director, Committees follow-up
Mr. Khalfan Mohamed Salem Al Marar : section, Managing Director office
0.080
Mr. Mubarak Mohamed Bin Mubarak Al Dohani : Director of Legal Department Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Salem Tamam Al Mashani : Chief Executive officer
H.E. Saif Khalfan Bin Sabt : Chairman Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 216,365 517,436 463,086 93,105 15,972
Value of Trading (RO000) 26,818 117,251 77,447 11,016 2,396
Other Information
No of trades executed 10,201 27,030 20,797 6,373 2,095
Established : 199
Yearly High price (RO) 0.161 0.295 0.213 0.156 0.203
Auditors : Ernst & Young LLC
Yearly low price (RO) 0.086 0.098 0.103 0.090 0.086
Legal Advisor : Mohamed Janashal Law Office
Closing price (RO) 0.090 0.123 0.187 0.103 0.094
Price Earnings Ratio (Multiplier) (3.913) 30.750 7.480 5.421 (3.917)
Market Capitalisation (RO000) 10,969 14,991 22,791 12,553 11,456

80 Investment & Brokerage


Oman & Emirates Investment Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 283 4,791 8,709 6,254 1,210 Cashflow from operating activities (981) (5,441) (648) (2,895) (3,757)
Operating expenses (3,349) (3,656) (4,473) (3,679) (4,657) Cashflow from investing activities 545 7,255 2,341 9,046 4,915
Other gains / (losses) (561) (573) 35 (204) (288) Cashflow from financing activities 2,488 (133) (503) (5,364) (1,318)
Income Tax 60 (22) (541) (40) 64 Net change in cash & cash equivalents 2,052 1,681 1,190 787 (160)
Net profit for the year (3,567) 540 3,729 2,331 (3,671)
Key Financial indicators
Other comprehesnive income (569) 312 1,571 (1,718) 340
Total comprahensive income (4,136) 852 5,300 613 (3,331) Profitability
Net Profit ratio % (1260%) 11% 43% 37% (303%)
Return on Equity % (16%) 2% 15% 12% (19%)
Financial Position
Earning per share (RO) (0.023) 0.004 0.025 0.019 (0.024)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Investments 41,149 42,623 45,744 40,235 46,069 Cash dividend ratio % - - - - -

Receivables 3,364 5,978 3,671 2,707 3,012 Stock dividend (RO000) - - - - -

Cash & bank balances 3,800 3,061 2,963 1,575 1,446 Stock dividend ratio % - - - - -

Tangible assets 2726 2,509 3,661 4,017 4,427 Financial Position


Other assets 2,349 1,936 2,287 2,436 2,541 Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Total assets 53,388 56,107 58,326 50,970 57,495 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Liabilities Book value per share 0.149 0.177 0.170 0.132 0.127
Borrowings 28,275 27,611 29,291 29,565 35,587 Equity Ratio % 43% 46% 43% 38% 33%
Other liabilities 2,187 2,821 4,177 1,816 2,906 Debt Ratio % 53% 49% 50% 58% 62%
Total liabilities 30,462 30,432 33,468 31,381 38,493
Equity
Share capital 12,188 12,188 12,188 12,187 12,187
Retained earnings 58 2,874 2,514 (529) (2,623)
Others 10,680 10,613 10,156 7,931 9,438
Net Profit / Total Dividend (RO 000)
Net-worth 22,926 25,675 24,858 19,589 19,002
Net Profit Total Dividend
4000

2000

-2000

-4000
2011 2012 2013 2014 2015

Investment 81
Oman International Development & Investment Co. S.A.O.G (OMINVEST)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investment
3000000
Address Assets Market Capitalisation Net-worth Equity
PO Box: 3886, Postal Code: 112, Ruwi
2625000
Al Shatti Al Qurm, Near to Grand Hyatt Hotel, Way No. 3036, Building No. 2832, Fourth Omani
Floor GCC 2250000

Contact
Arabs not GCC 1875000
Tel: +968 24769500, Fax: +968 24951620
Email: info@ominvest.net, Website: http://www.ominvest.net/ Foreigners
1500000

No of staff
1125000
Omani: 26, Expatriates: 15 Total: 41
750000
Key Staff
Abdulaziz Mohammed Ahmed Al Balushi - CEO Arabs not 375000
Omani GCC Foreigners Total
GCC
Main Shareholders (Holding 5% and more shares)
Nos 1,874 102 46 168 2,190 0
Al Hilal Investment Co. LLC : 17.73% 2011 2012 2013 2014 2015
Value 488,710,678 28,343,708 851,573 34,955,683 552,861,642
Oman Investment Fund : 13.79%
% 88.4% 5.1% 0.2% 6.3% 100%
Civil Service Employees Pension Fund : 9.78%
Share Closing Price Index - Monthly for 2 years
Al Anwar Holdings S.A.O.G : 8.40%

Board of Directors 2014 2015


0.520
Khalid Muhammad Al Zubair : Chairman
Hassan Ahmed Al Nabhani : Deputy Chairman
Taya Jandal bin Ali : Member
Abdullah Said Al Balushi : Member 0.435
Jamal Shamis Al Hooti : Member
Majid Salim Al Araimi : Chairman
Khalil Abdullah Al Khonji : Member 0.350
Saif Said Al Yazidi : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Khalid Abdullah Al Khalili : Member
Trading Information 2015 2014 2013 2012 2011
Majid Al-Toky : Member
No of Shares Traded (000) 87,117 71,968 115,203 52,293 67,063
Ceruseri Sreenivas Badrinath : Member
Value of Trading (RO000) 40,334 29,905 49,708 20,357 31,957
Qais Mohammed Al Yousef : Chairman
No of trades executed 1,449 5,447 11,475 7,754 10,926
Anwar Hilal Al Jabri : Deputy Chairman
Yearly High price (RO) 0.506 0.490 0.513 0.438 0.535
Shaheen Mohammed Amin : Member
Yearly low price (RO) 0.406 0.358 0.360 0.332 0.375
Other Information
Closing price (RO) 0.442 0.416 0.434 0.386 0.418
Established : 1983
Price Earnings Ratio (Multiplier) 10.000 10.000 10.000 10.000 12.000
Auditors : Deloitte and Touche
Market Capitalisation (RO000) 244,365 140,085 132,860 107,424 105,754
Legal Advisor : Curtis, Mallet-Prevost, Colt and Mosle LLP

82 Investment & Brokerage


Oman International Development & Investment Co. S.A.O.G (OMINVEST) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 142,888 75,092 69,571 61,277 54,538 Cashflow from operating activities (192,335) 139,005 105 42,205 (16,001)
Operating expenses (101,569) (42,682) (39,475) (34,993) (31,228) Cashflow from investing activities 10,248 (2,670) (10,907) (12,716) (6,871)
Income Tax (4,126) (3,986) (3,655) (3,573) (3,317) Cashflow from financing activities 76,765 3,708 (6,765) 52,470 (2,300)
Profit for the year 37,193 28,424 26,441 22,711 19,993 Net change in cash & cash equivalents (105,322) 140,043 (17,567) 81,959 (25,172)
Other comprehesnive income (17,468) (1,740) 2,180 4,714 (1,208)
Key Financial indicators
Total comprahensive income 19,725 26,684 28,621 27,425 18,785
Profit for the year attributable to: Profitability
Shareholders of the Parent Net Profit ratio % - - - - -
Company 22,949 14,505 14,177 10,326 8,620
Return on Equity % 13% 11% 12% 10% 9%
Non-controlling interests 14,244 13,919 12,264 12,385 11,373
Earning per share (RO) attributable to 0.052 0.039 0.046 0.034 0.034
Parent Company shareholders
Cash dividend (RO000) 5,529 6,735 4,592 3,340 2,530
Financial Position
Cash dividend ratio % 10% 20% 15% 12% 10%
Statement of Financial Position
Stock dividend (RO000) 8,293 3,367 3,061 2,783 2,530
Assets
Stock dividend ratio % 15% 10% 10% 10% 10%
Investments 284,506 130,545 80,848 67,472 58,574
Receivables 1,555,645 1,240,336 1,071,291 929,914 825,945 Financial Position
Cash & bank balances 309,751 411,560 269,488 342,902 208,912 Authorised Capital (RO000) 90,000 50,000 50,000 30,000 30,000
Tangible assets 29,609 29,669 32,333 25,427 18,236 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Other assets 69,337 52,128 41,567 41,028 34,036 Book value / Net assets per share 0.398 0.394 0.402 0.362 0.388
Total assets 2,248,848 1,864,238 1,495,527 1,406,743 1,145,703 Equity Ratio % 15% 13% 15% 14% 15%
Liabilities Debt Ratio % 76% 73% 36% 46% 39%
Deposits from customers & due 1,760,629 1,545,597 1,218,566 1,159,493 931,204
to banks
Other liabilities 156,576 81,649 56,375 46,260 37,347
Total liabilities 1,917,205 1,627,246 1,274,941 1,205,753 968,551
Equity
Share capital 55,286 33,674 30,613 27,830 25,300 Net Profit / Total Dividend (RO 000)
Retained earnings 25,113 21,017 22,677 22,441 27,561 Net Profit Total Dividend
Others 139,538 77,978 69,886 60,486 45,405 40000
Equity attributable to Parent Co. 219,937 132,669 123,176 110,757 98,266
equity holders 30000
Non-controlling interests 111,706 104,323 97,410 90,233 78,886 20000
Total equity 331,643 236,992 220,586 200,990 177,152
10000

0
2011 2012 2013 2014 2015

Investment 83
Shurooq Investment Services Holding Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Brokerage, Portfolio Management, Marketing non Omani Securities, & Investment
advice and research 8000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 06, Expatriates: 05 - Total: 11 Omani
6400
GCC
Key Staff
Arabs not GCC
Mohammed Ali Abdul Amir Sultan : Chairman 4800
Foreigners

Main Shareholders (Holding 5% and more shares)


3200
Global Investment House : 76.97%
W J Towell Company LLC : 20.58%
1600
Omani GCC Arabs not GCC Foreigners Total
Nos 35 2 - - 37
Value 1,191,849 3,983,151 - - 5,175,000
0
% 23% 77% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mohammed Ali Abdul Amir Sultan : Chairman 2014 2015
Rasha Abdullah Al Qenaei : Director/ Deputy Chairperson 1.050
Fouad Fahmi Darwish : Director
Hanaa Taha : Director
Bader Al Ghanim : Director 1.025

1.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - 50 5 - 125
Value of Trading (RO000) - 52 5 - 143
Other Information
No of trades executed 1 1 8 - 6
Established : 1998
Yearly High price (RO) 1.135 1.035 1.150 1.150 1.150
Auditors : Price water house Coopers
Yearly low price (RO) 1.035 1.035 1.035 1.150 1.100
Legal Advisor : Rajab Al Kathiri & Associates
Closing price (RO) 1.035 1.035 1.035 1.150 1.150
Price Earnings Ratio (Multiplier) (14.744) (32.344) (47.045) (11.165) (7.931)
Market Capitalisation (RO000) 5,175 5,175 5,175 5,750 5,750

84 Investment & Brokerage


Shurooq Investment Services Holding Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 55 260 359 220 (26) Cashflow from operating activities (236) (163) 500) (866) (481)
Operating expenses (406) (419) (468) (735) (700) Cashflow from investing activities (8) 1,146 190 (1,635) 421
Other gains / (losses) - - Cashflow from financing activities - - - - -
Income Tax - - - - - Net change in cash & cash equivalents (244) 983 (310) (2,501) (60)
Net profit for the year (351) (159) (109) (515) (726)
Key Financial indicators
Other comprehesnive income - - - - -
Total comprahensive income (351) (159) (109) (515) (726) Profitability
Net Profit ratio % (638%) (61%) (30%) (234%) 2,792%
Return on Equity % (1%) (4%) (3%) (12%) (15%)
Financial Position
Earning per share (RO) (0.070) (0.032) (0.022) (0.103) (0.145)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Investments 488 665 702 978 1,178 Cash dividend ratio % - - - - -

Receivables 169 416 475 397 476 Stock dividend (RO000) - - - - -

Cash & bank balances 3,079 3,330 3,444 3,564 4,144 Stock dividend ratio % - - - - -

Tangible assets 40 19 53 72 119 Financial Position


Other assets 365 365 365 365 365 Authorised Capital (RO000) 6,000 6,000 6,000 6,000 6,000
Total assets 4,141 4,795 5,039 5,376 6,282 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Liabilities Book value per share 0.741 0.811 0.843 0.864 0.967
Bank borrowings - - - - - Equity Ratio % 89% 85% 84% 80% 77%
Other liabilities 437 741 826 1,054 1,446 Debt Ratio % - - - - -
Total liabilities 437 741 826 1,054 1,446
Equity
Share capital 5,000 5,000 5,000 5,000 5,000
Retained earnings (2,259) (1,906) (1,746) (1,642) (1,127)
Others 962 960 959 964 963
Net Profit / Total Dividend (RO 000)
Net-worth 3,703 4,054 4,213 4,322 4,836
Net Profit Total Dividend
1000
600
200
-200
-600
-1000
2011 2012 2013 2014 2015

Investment 85
National Real Estate Development Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Buying ,Selling and Sub dividing real estate in to lots
100000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani
Omani: 1, Expatriates: 3 - Total: 4
80000
GCC

Key Staff Arabs not GCC


60000
Muhanned Hijazi, Business Development Manager Foreigners

Main Shareholders (Holding 5% and more shares) 40000

Ali bin kamal bin daud : 39.48%


Ahamed Mohsin Ali Al Lawatia : 17.91%
20000
Sami bin Kamal bin daud : 14.67% Omani GCC Arabs not GCC Foreigners Total
Al Saud LLC - Oman Arab Bank : 8.37% Nos 94 17 - - 111
Mohamed Daud : 5.45% Value 8,234,280 578,220 - - 8,812,500 0
2011 2012 2013 2014 2015
% 93% 7% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Ali Bin Kamal Bin Daud : Chairman 2014 2015

Mr. Ahmed Bin MohsinBin Ali : Non-Executive Director 6.000

Mr. Nabil Bin Kamal BinDaud : Non-Executive Director


4.500
Mr. Sami Bin Kamal Bin Daud : Non-Executive Director
Mr. Riyadh Bin Kamal Bin Daud : Non-Executive Director 3.000

1.500

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - 3 -
Value of Trading (RO000) - - - 16 -
Other Information No of trades executed - - - 1 -
Established : 21-12-1974 Yearly High price (RO) 5.000 5.000 5.000 5.000 5.000
Auditors : ABU TIMAM
Yearly low price (RO) 5.000 5.000 5.000 5.000 5.000
Legal Advisor : S&A LAW FIRM
Closing price (RO) 5.000 5.000 5.000 5.000 5.000
Price Earnings Ratio (Multiplier) (93.758) (49.505) 2.854 (26.882) (29.070)
Market Capitalisation (RO000) 8,813 8,813 88,125 88,150 28,150

86 Real Estate
National Real Estate Development Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue - - - - - Cashflow from operating activities (153) (2,615) (58) (967) -
Cost of Sales - - - - -
Cashflow from investing activities (200) - 3,301 - -
Gross Profit - - - - -
Other income 17 9 3,352 - - Cashflow from financing activities - - - 1,220 -
Total Income 17 9 3,352 - - Net change in cash & cash equivalents (353) (2,615) 3,243 253 -
Operating expenses (111) (186) (152) (108) (70)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - - (112) - (27)
Net profit for the year (94) (177) 3,088 (108) (97) Profitability
Other comprehesnive income 59 - - - - Net Profit ratio % - - - - -
Total comprahensive income (35) (177) 3,088 (108) (97)
Return on Equity % (1%) (2%) 35% (1%) (1%)
Financial Position Earning per share (RO) (0.053) (0.101) 1.752 (0.186) (0.172)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets - 8,941 7,668 11,503 11,504 Stock dividend (RO000) - - - - -
Investments 200 - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
200 8,941 7,668 11,503 11,504 Financial Position
Current assets Authorised Capital (RO000) 1,763 1,763 1,763 1,763 563
Investments 9,000 - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 68 27 53 23 28
Inventories - - - - - Net assets / Book value per share (RO) 5.550 5.571 4.949 5.368 14.859
Cash & bank balances 531 885 3,500 257 4 Equity Ratio % 100% 100% 78% 80% 72%
Other assets - - - - -
9,600 912 3,553 280 32 Debt Ratio % 0.1% 0% 0% 0% 0%
Total assets 9,800 9,853 11,221 11,783 11,536 Current ratio - 36 1 - -
Liabilities Liquid ratio - 36 1 - -
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities 7 8 5 114 114 Avg. collection period (days) - - - - -
7 8 5 114 114
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings - - - - - Net Profit Total Dividend
Payables & accruals 8 25 2,493 2,208 3,064 3500
Other liabilities - - - - -
8 25 2,493 2,208 3,064 2700
Total liabilities 15 33 2,498 2,322 3,178 1900
Equity 1100
Share capital 1,763 1,763 1,763 1,763 563
Retained earnings (1,470) (1,376) (1,198) (3,978) (3,869) 300
Others 9,492 9,433 8,158 11,676 11,664 -500
Net-worth 9,785 9,820 8,723 9,461 8,358 2011 2012 2013 2014 2015

Investment 87
FINCORP Al Amal Fund JIA
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investing in shares for achievement of income and capital appreciation.
6000
Assets Market Capitalisation Net-worth Equity
Key Staff
Harsha Jethmalani VP- Head of Operations Asset Manager Omani
4800
GCC

Main Shareholders (Holding 5% and more shares) Arabs not GCC


3600
The Financial Corporation Company S.A.O.G : 56.36% Foreigners
Bushra Qais Abdel Moniem Al Zawawi : 7.95%
Azan Qais Abdulmunim Al Zawawi : 7.95%
2400
Shumookh Holding LLC : 6.88%
Mr. Jishnu Bipin Dharamsey : 5.10%
1200
Omani GCC Arabs not GCC Foreigners Total
Nos 65 - - 2 67
Value 2,897,133 - - 7,254 2,904,387
0
% 100% - - 0% 100% 2011 2012 2013 2014 2015
Board of Directors
Mr. Talal Said Al Mamari : Chairman Share Closing Price Index - Monthly for 2 years
Mr. Kasiraman Swaminathan : Vice chairman
2014 2015
Shaikh Khalid Al Khalili : Member
1.200
Mr. Shikhar Dharamsey Nensey : Member
Mr. Nasr Amur Shwain Al Hosni : Member 1.125

1.050

0.975

0.900
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


Other Information No of Shares Traded (000) - - - - -
Established : 2005 Value of Trading (RO000) - - - - -
Auditors : BDO Public Accountants No of trades executed - - - - -
Legal Advisor : Rajab Al Kathiri & Associates Yearly High price (RO) 0.964 0.964 1.110 1.109 1.109
Yearly low price (RO) 0.964 0.964 1.110 1.109 1.109
Closing price (RO) 0.964 0.964 1.110 1.109 1.109
Price Earnings Ratio (Multiplier) (5.051) 24.718 4.237 55.450 (5.517)
Market Capitalisation (RO000) 3,099 2,995 3,101 3,825 4,281

88 Funds
FINCORP Al Amal Fund JIA Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income (441) 335 1,082 227 (746) Cashflow from operating activities 258 1,204 926 731 53
Operating expenses (134) (215) (301) (152) (166) Cashflow from investing activities - - (905) (1,282) (81)
Other gains / (losses) - - - - - Cashflow from financing activities (252) (273) - - -
Income Tax - - - - - Net change in cash & cash equivalents 6 931 21 (551) (28)
Net profit for the year (575) 120 781 75 (912)
Key Financial indicators
Other comprehesnive income - - - - -
Total comprahensive income (575) 120 781 75 (912) Profitability
Net Profit ratio % 130% 36% 72% 33% 122%
Return on Equity % (21%) 3% 21% 2% (22%)
Financial Position
Earning per share (RO) (0.191) 0.039 0.262 0.020 (0.201)
Statement of Financial Position
Cash dividend (RO000) - 140 140 - -
Assets
Cash dividend ratio % - 5% 5% - -
Investments 1,681 1,897 3,611 3,769 4,322
Stock dividend (RO000) - - - - -
Receivables 3 629 338 96 63
Stock dividend ratio % - 15% 15% - 20%
Cash & bank balances 1,034 1,028 97 76 627
Tangible assets - - - - - Financial Position
Other assets - - - - - Authorised Capital (RO000) - - - - -
Total assets 2,718 3,554 4,046 3,941 5,012 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Liabilities Net assets / Book value per share (RO) 0.892 1.131 1.314 1.101 1.081
Bank borrowings - - - - - Equity Ratio % 99% 99% 91% 96% 83%
Other liabilities 29 39 377 144 839 Debt Ratio % - - - - -
Total liabilities 29 39 377 144 839
Equity
Unit Capital 3,013 3,107 2,793 3,449 3,860
Retained earnings (324) 408 876 349 313
Others - - - - -
Net Profit / Total Dividend (RO 000)
Net-worth 2,689 3,515 3,669 3,798 4,173
Net Profit Total Dividend
1000
600
200
-200
-600
-1000
2011 2012 2013 2014 2015

Investment 89
Majan Capital Fund JIA
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investing in shares for achievement of long term capital appreciation .
6000
Assets Market Capitalisation Net-worth Equity
Main Shareholders (Holding 5% and more shares)
Omani 5000
Oman & Emirates Investment Holding Co. S.A.O.G : 92.28%
GCC

4000
Arabs not GCC
Foreigners
3000

2000
Board of Directors
Mr. Saad Moosa Al Jenaibi : Executive Chairman Omani GCC Arabs not GCC Foreigners Total 1000
Mr. Awad Mohammed Faraj Bamkhalef : Member Nos 139 36 - - 175
H.E Saif Khalfan bin Sabet : Member Value 4,371,367 112,241 - - 4,483,609
0
Dr. Sultan Salem AL Debei : Member % 97% 3% - - 100% 2011 2012 2013 2014 2015
Mr. Omar Salim Al Dhahab : Member
Mr. A.V.Manohar : Member Share Closing Price Index - Monthly for 2 years

2014 2015
1.800

1.700

1.600

Other Information 1.500


Established : 1995
1.400
Auditors : Pricewaterhouse Coopers Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Legal Advisor : Rajab Al Kathiri & Associates
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - - - 2 1
Value of Trading (RO000) - - - 3 1
No of trades executed - - - 2 1
Yearly High price (RO) 1.545 1.700 1.700 1.799 1.799
Yearly low price (RO) 1.545 1.700 1.700 1.700 1.799
Closing price (RO) 1.545 1.700 1.700 1.700 1.799
Price Earnings Ratio (Multiplier) (5.715) 24.638 4.683 24.100 (4.833)
Market Capitalisation (RO000) 4,555 4,485 4,499 4,539 3,084

90 Funds
Majan Capital Fund JIA Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income (589) 507 1,498 314 (473) Cashflow from operating activities 285 398 (136) (129) 250
Operating expenses (243) (325) (535) (180) (165) Cashflow from investing activities - - - - (6)
Other gains / (losses) 47 - - - - Cashflow from financing activities - (278) (31) - -
Income Tax - - - - - Net change in cash & cash equivalents 285 120 (167) (129) 244
Net profit for the year (785) 182 963 134 (638)
Key Financial indicators
Other comprehesnive income - - - - -
Total comprahensive income (785) 182 963 134 (638) Profitability
Net Profit ratio % 133% 36% 64% 43% 135%
Return on Equity % (24%) 4% 23% 4% (21%)
Financial Position
Earning per share (RO) (0.270) 0.069 0.363 0.050 (0.239)
Statement of Financial Position
Cash dividend (RO000) - - 265 - -
Assets
Investments 2,350 2,272 3,958 3,064 3,076 Cash dividend ratio % - 10% 10% - -

Receivables 498 1,645 177 - 1 Stock dividend (RO000) - - - - -

Cash & bank balances 427 142 21 188 317 Stock dividend ratio % - - - - -

Tangible assets - - - - - Financial Position


Other assets - - - - - Authorised Capital (RO000) - - - - -
Total assets 3,275 4,059 4,156 3,252 3,394 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Liabilities Book value per share 1.127 1.537 1.569 1.205 1.155
Bank borrowings - - - - - Equity Ratio % 100% 100% 100% 99% 91%
Other liabilities 5 5 5 34 309 Debt Ratio % - - - - -
Total liabilities 5 5 5 34 309
Equity
Unit Capital 2,902 2,638 2,646 2,670 2,670
Retained earnings 368 1,416 1,512 548 415
Others - - - - -
Net Profit / Total Dividend (RO 000)
Net-worth 3,270 4,054 4,158 3,218 3,085
Net Profit Total Dividend
1000
600
200
-200
-600
-1000
2011 2012 2013 2014 2015

Investment 91
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Ahlibank S.A.O.G BANKING

2015 55,973 27,727 71% 12% 0.019 1,898,265 1,670,982 142,504 227,283 93,102 14,250 0.100 0.245 0.178 0.196 279,307 32,067 159,514 1,517
2014 51,632 25,127 45% 13% 0.019 1,644,811 1,445,281 129,549 199,530 (53,899) 12,955 0.100 0.260 0.173 0.245 317,395 73,488 320,788 4,771
2013 46,600 23,030 42% 13% 0.018 1,339,485 1,154,590 126,389 184,895 69,909 12,639 0.100 0.217 0.167 0.186 235,084 19,754 104,046 4,267
2012 42,044 21,743 43% 15% 0.019 1,099,230 931,716 120,370 167,514 (47,838) 12,037 0.100 0.265 0.134 0.177 213,056 15,821 86,538 5,608
2011 35,041 18,224 44% 16% 0.017 929,604 809,392 80,143 120,212 (76,030) 15,227 0.100 0.345 0.231 0.265 212,380 22,007 75,626 7,446

Bank Dhofar S.A.O.G BANKING

2015 115,226 46,765 55% 10% 0.030 3,593,061 3,116,532 154,473 476,529 (83,995) 23,171 0.100 0.370 0.206 0.214 330,572 5,505 19,915 897
2014 98,851 40,453 38% 13% 0.030 3,194,127 2,868,809 134,324 325,318 177,293 26,865 0.100 0.400 0.280 0.354 475,507 20,494 56,570 1,878
2013 89,558 58,407 58% 21% 0.048 2,605,379 2,301,772 121,013 303,607 172,299 30,253 0.100 0.416 0.340 0.362 438,066 15,899 42,398 3,205
2012 84,093 37,745 40% 15% 0.031 2,143,830 1,882,326 110,012 261,504 (46,371) 27,503 0.100 0.602 0.320 0.357 392,742 7,924 18,144 1,610
2011 78,591 13,976 17% 6% 0.015 1,960,591 1,731,354 91,524 229,237 72,685 24,895 0.100 0.799 0.500 0.547 500,635 6,554 9,705 1,166

Bank Muscat S.A.O.G BANKING

2015 407,736 175,451 73% 13% 0.077 12,544,529 11,147,570 229,183 1,396,959 212,191 57,296 0.100 0.644 0.458 0.472 1,081,740 193,223 365,735 17,334
2014 383,110 163,227 50% 13% 0.075 9,728,318 8,416,251 218,269 1,312,067 314,587 98,221 0.100 0.784 0.490 0.582 1,270,325 255,549 386,673 22,260
2013 340,156 152,192 45% 13% 0.072 8,486,450 7,274,156 215,226 1,212,294 (251,916) 86,090 0.100 0.656 0.570 0.636 1,368,838 205,901 335,596 27,006
2012 323,652 139,206 43% 15% 0.073 7,913,669 6,857,205 203,851 1,056,464 106,091 81,540 0.100 0.774 0.490 0.576 1,174,182 130,162 216,400 29,342
2011 294,244 117,546 40% 15% 0.065 7,228,001 6,389,733 154,838 838,268 325,584 61,935 0.100 1.038 0.645 0.766 1,186,059 189,344 240,601 47,626

Bank Sohar S.A.O.G BANKING

2015 70,910 27,746 37% 12.5% 0.020 2,207,625 1,954,463 144,144 253,162 (177,584) 7,207 0.100 0.245 0.155 0.157 226,306 26,241 138,503 26,241
2014 70,319 29,878 41% 16.5% 0.026 2,075,395 1,883,319 114,400 192,076 193,743 11,440 0.100 0.272 0.166 0.220 251,680 73,924 315,214 8,890
2013 59,210 26,871 37% 17% 0.025 1,885,620 1,714,351 110,000 171,269 91,406 8,800 0.100 0.224 0.167 0.207 227,700 91,523 473,576 13,009
2012 52,317 23,011 32% 17% 0.023 1,787,166 1,642,286 100,000 144,880 (28,018) 11,000 0.100 0.179 0.134 0.176 193,600 53,103 338,342 8,317
2011 43,186 14,497 24% 11% 0.015 1,431,977 1,303,291 100,000 128,686 (18,027) 8,000 0.100 0.214 0.133 0.158 158,000 36,090 222,128 16,617

92
Investment
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

HSBC Bank Oman S.A.O.G BANKING

2015 73,535 12,930 26% 4% 0.006 2,199,942 1,891,426 200,031 308,516 (39,012) 7,758 0.100 0.152 0.100 0.100 200,031 121,642 1,094,688 2,227
2014 70,994 12,249 22% 4% 0.006 2,242,912 1,933,035 200,031 309,877 35,833 11,024 0.100 0.184 0.110 0.141 282,044 28,238 169,518 4,183
2013 68,732 10,863 19% 4% 0.005 2,220,888 1,915,041 200,031 305,847 11,881 7,604 0.100 0.215 0.166 0.176 352,055 24,595 128,387 5,765
2012 60,529 5,796 12% 2% 0.004 2,412,816 2,118,679 200,031 294,137 125,761 2,000 0.100 0.294 0.206 0.208 416,065 18,092 73,198 5,432
2011 42,153 16,510 45% 10% 0.016 1,249,849 1,077,485 96,805 172,364 95,442 10,891 0.100 0.292 0.231 0.280 271,055 25,573 94,293 8,322

National Bank of Oman S.A.O.G BANKING

2015 135,718 60,106 66% 12% 0.045 3,263,435 2,748,778 134,071 514,657 28,746 22,792 0.100 0.380 0.260 0.267 357,970 17,540 54,005 2,607
2014 114,230 50,268 43% 14% 0.041 2,976,094 2,614,565 121,883 361,529 (166,180) 32,908 0.100 0.410 0.274 0.316 385,150 42,920 126,977 4,636
2013 103,922 41,377 35% 13% 0.037 2,896,341 2,568,257 110,803 328,084 200,137 27,700 0.100 0.328 0.267 0.322 356,786 42,949 146,364 5,441
2012 98,645 40,662 38% 14% 0.037 2,537,818 2,233,366 110,803 304,452 4,256 19,391 0.100 0.327 0.260 0.285 315,787 22,167 76,604 4,012
2011 92,235 34,202 37% 13% 0.031 2,229,072 1,947,845 108,100 281,227 (13,925) 21,621 0.100 0.355 0.289 0.320 345,920 19,303 60,030 6,129

Alizz islamic bank S.A.O.G ISLAMIC BANKING

2015 5,996 (5,355) - (5%) (0.005) 252,727 145,925 100,000 85,936 6,724 - 0.100 0.097 0.064 0.064 64,000 1,934 26,076 1,430
2014 1,932 (5,499) (285%) (6%) (0.005) 119,619 24,212 100,000 91,375 (35,696) - 0.100 0.110 0.090 0.094 94,000 6,676 63,913 619
2013 710 (3,232) - (3%) (0.003) 99,717 2,319 100,000 96,790 (37,015) - 0.100 0.115 0.105 0.108 108,000 9,256 85,345 3,159
2012 - (168) - 0% (0.002) 101,236 1,114 100,000 100,122 101,236 - 0.100 0.113 0.101 0.110 110,000 9,466 88,542 2,054
2011 - - - - - - - - - - - - - - - - - - -

Bank Nizwa S.A.O.G ISLAMIC BANKING

2015 11,913 (5,260) (60%) (3%) (0.004) 346,094 145,076 150,000 201,019 (27,287) - 0.100 0.096 0.060 0.070 105,000 24,962 326,968 8,470
2014 7,518 (7,709) - (6%) (0.005) 253,106 78,646 150,000 132,043 4,471 - 0.100 0.104 0.072 0.080 120,000 27,090 293,997 5,930
2013 2,857 (12,305) - (9%) (0.008) 195,997 56,885 150,000 139,112 46,664 - 0.100 0.120 0.100 0.102 153,000 28,536 259,378 10,526
2012 - - - - - - - - - - - - 0.122 0.099 0.106 - 54,422 5,060,138 23,088
2011 - - - - - - - - - - - - - - - - - - -

93
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Al Madina Insurance Co S.A.O.G (Al Madina Takaful) INSURANCE

2015 5,038 828 16% 4% 0.005 47,769 26,826 17,500 20,941 1,780 875 0.100 0.098 0.071 0.080 14,000 3,951 45,243 3,131
2014 4,934 1,017 21% 5% 0.023 46,824 25,873 17,500 20,945 (6,918) - 0.100 0.148 0.072 0.088 15,400 13,353 110,680 8,694
2013 4,851 2,345 48% 11% 0.023 42,185 21,089 16,667 21,096 6,838 833 0.100 0.152 0.130 0.130 21,667 7,725 53,723 5,567
2012 3,603 1,067 30% 11% 0.015 28,437 18,473 10,000 9,964 2,432 - 0.100 0.000 0.000 0.000 - - - -
2011 - - - - - - - - - - - - - - - - - - -

Al Madina Investment Co S.A.O.G (Transgulf Investment Holding Co S.A.O.G) INSURANCE

2015 12,664 1,645 13% 6% 0.008 49,102 22,123 20,715 2,620,401 3,285 - 0.100 0.083 0.050 0.054 11,186 4,825 69,535 2,557
2014
4,954 2,115 - 8% 0.011 44,405 18,469 18,832 25,936 (597) 1,883 0.100 0.183 0.084 0.130 24,482 72,840 495,810 23,252
(15 M)
2012 247 (264) - (3%) (0.004) 11,449 3,442 6,688 8,008 (57) 334 0.100 0.104 0.056 0.083 8,694 12,443 145,981 8,743
2011 235 565 240% 7% 0.008 9,620 1,457 6,688 8,163 (269) - 0.100 0.092 0.054 0.060 4,013 4,269 59,563 6,208
2010 284 652 230% 8% 0.010 9,268 1,670 6,250 7,598 24 438 0.100 0.137 0.074 0.076 4,750 3,646 36,773 5,117

Dhofar Insurance Co S.A.O.G INSURANCE

2015 9,589 35 0% 0% 0.000 121,526 86,795 20,000 34,730 138 - 0.100 0.230 0.205 0.205 41,000 53 247 16
2014 12,688 3,309 26% 9% 0.017 158,790 121,839 20,000 36,951 3 1,900 0.100 0.302 0.190 0.230 46,000 1,860 7,405 641
2013 11,845 4,645 39% 13% 0.023 165,064 128,004 20,000 37,060 (1,484) 3,000 0.100 0.312 0.177 0.285 57,000 11,755 44,892 982
2012 11,895 5,851 49% 17% 0.029 115,518 81,978 20,000 33,540 2,442 1,000 0.100 0.200 0.165 0.177 35,400 1,315 7,260 141
2011 2,681 (2,229) (83%) (8%) (0.011) 118,453 89,551 20,000 28,902 (65) - 0.100 0.245 0.158 0.198 39,600 1,021 5,472 294

Muscat National Holding Co S.A.O.G INSURANCE

2015 2,397 92 4% 1% 0.002 44,622 29,540 5,000 15,082 2,875 250 1.000 1.860 1.860 1.860 9,300 17 9 5
2014 2,158 133 6% 1% 0.026 41,676 26,458 5,000 15,218 176 250 1.000 1.950 1.485 1.860 9,300 42 24 24
2013 2,136 513 24% 3% 0.103 49,309 34,242 5,000 15,067 (137) - 1.000 1.800 1.584 1.655 8,275 98 58 28
2012 1,580 (289) (18%) (2%) (0.058) 48,812 34,275 5,000 14,537 138 - 1.000 2.177 1.759 1.759 8,795 501 275 39
2011 3,547 1,814 51% 12% 0.363 35,852 20,666 5,000 15,186 321 375 1.000 2.500 1.581 2.179 10,895 2,048 959 68

94
Investment
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman United Insurance Co S.A.O.G INSURANCE

2015 7,554 3311 44% 12% 0.033 96,835 70,279 10,000 26,555 486 2,400 0.100 0.376 0.210 0.217 21,700 19,069 63,515 4,488
2014 7,486 3,570 48% 14% 0.036 97,129 70,991 10,000 26,138 1,771 2,200 0.100 0.504 0.237 0.281 28,100 50,875 118,141 8,320
2013 8,852 5,023 57% 19% 0.050 91,378 65,516 10,000 25,862 (1,440) 3,500 0.100 0.410 0.196 0.390 39,000 52,198 173,150 10,267
2012 6,133 2,643 43% 12% 0.026 84,677 62,686 10,000 21,991 (1,135) 1,500 0.100 0.200 0.117 0.195 19,500 14,580 88,475 7,620
2011 4,330 1,110 26% 6% 0.011 78,554 58,746 10,000 19,808 37 750 0.100 0.180 0.104 0.115 11,500 14,010 92,742 11,012

Takaful Oman Insurance S.A.O.G INSURANCE

2015 3,094 1697 55% 15% 0.017 11,322 220 10,000 11,103 (199) - 0.100 0.121 0.090 0.100 10,000 688 6,482 525
2014 229 (519) (227%) (5%) (0.005) 9,723 242 10,000 9,481 293 - 0.100 0.117 0.090 0.098 9,800 5,311 50,460 4,519
2013 - - - - - - - - - - - - - - - - - - -
2012 - - - - - - - - - - - - - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

Muscat Finance Co Ltd S.A.O.G FINANCE & LEASING

2015 10,203 4,356 35% 12% 0.017 158,199 122,475 25,162 35,724 124 4,403 0.100 0.151 0.135 0.135 33,968 123 844 66
2014 9,142 4,335 38% 13% 0.019 140,383 107,132 23,298 33,251 1,048 3,728 0.100 0.167 0.143 0.150 34,947 126 813 96
2013 7,997 3,893 38% 13% 0.018 127,811 97,073 21,572 30,738 (1,717) 3,452 0.100 0.175 0.152 0.155 33,437 57 349 82
2012 7,797 3,846 41% 13% 0.019 107,174 78,313 20,161 28,861 489 3,427 0.100 0.220 0.155 0.168 33,870 442 2,515 64
2011 7,301 3,573 40% 14% 0.018 88,100 63,181 16,801 24,919 (403) 3,360 0.100 0.290 0.164 0.200 33,602 7,783 30,711 170

National Finance Co S.A.O.G FINANCE & LEASING

2015 13,054 6,021 38% 14% 0.023 189,688 147,224 26,323 42,464 1,095 3,159 0.100 0.153 0.133 0.134 35,273 81 560 28
2014 11,877 5,203 34% 13% 0.020 165,300 126,553 25,681 38,747 (487) 3,210 0.100 0.170 0.140 0.150 38,521 1,653 10,667 252
2013 10,624 4,793 34% 13% 0.019 151,119 115,069 25,055 36,050 (560) 3,132 0.100 0.175 0.130 0.156 39,085 640 4,222 260
2012 9,318 4,113 34% 12% 0.017 132,174 98,411 25,055 33,763 657 2,505 0.100 0.151 0.110 0.134 33,573 425 3,552 187
2011 7,935 3,546 35% 15% 0.020 111,289 87,385 17,555 23,904 (567) 1,754 0.100 0.140 0.110 0.128 22,470 110 882 191

95
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Orix Leasing Co S.A.O.G FINANCE & LEASING

2015 12,125 5272 35% 15% 0.022 161,721 126,360 24,138 35,361 (764) 2,172 0.100 0.159 0.137 0.138 33,311 446 2,873 61
2014 10,538 4,539 35% 14% 0.019 141,906 109,473 23,435 32,433 1,101 3,047 0.100 0.156 0.140 0.148 34,684 711 4,844 98
2013 8,263 3,688 36% 12% 0.017 114,315 84,636 22,319 29,679 (381) 2,902 0.100 0.160 0.135 0.152 33,925 1,092 7,249 320
2012 6,785 3,164 38% 11% 0.016 88,493 60,324 21,775 28,169 1,175 2,722 0.100 0.136 0.106 0.136 29,614 785 6,526 442
2011 5,699 2,611 37% 12% 0.015 71,397 49,368 16,775 22,029 (263) 2,097 0.100 0.155 0.080 0.110 18,453 330 3,360 289

Taageer Finance Co S.A.O.G FINANCE & LEASING

2015 9,681 4421 40% 13% 0.017 129,628 95,316 25,359 34,312 (1,299) 2,384 0.100 0.172 0.130 0.130 32,967 2,178 13,499 523
2014 8,632 3,883 41% 12% 0.015 110,681 78,254 25,359 32,427 58 2,536 0.100 0.178 0.126 0.150 38,039 17,137 105,848 1,710
2013 8,207 3,924 38% 13% 0.017 105,285 74,162 23,700 31,123 (73) 4,029 0.100 0.196 0.140 0.152 36,024 6,110 36,806 3,283
2012 8,076 3,905 38% 13% 0.018 94,931 65,545 21,667 29,386 598 4,375 0.100 0.200 0.115 0.150 32,501 1,952 12,773 1,776
2011 7,389 3,216 33% 12% 0.015 85,640 58,609 16,667 27,031 -2,086 6,667 0.100 0.172 0.126 0.155 25,834 4,661 31,120 268

United Finance Co S.A.O.G FINANCE & LEASING

2015 10,185 5242 46% 12% 0.017 123,105 79,037 31,076 44,068 201 3,108 0.100 0.157 0.105 0.130 40,399 12,529 87,679 2,963
2014 9,701 4,961 45% 12% 0.018 119,159 78,406 27,501 40,753 (218) 5,500 0.100 0.167 0.125 0.136 37,402 5,234 35,651 870
2013 8,852 3,640 34% 10% 0.013 117,103 79,661 27,501 37,442 (328) 3,025 0.100 0.192 0.145 0.148 40,702 5,892 35,902 2,363
2012 7,155 3,397 40% 9% 0.014 103,489 67,687 25,001 35,802 (1,353) 4,500 0.100 0.157 0.110 0.153 38,252 5,979 45,972 3,252
2011 6,722 2,848 37% 8% 0.011 87,337 52,433 25,001 34,904 991 2,500 0.100 0.124 0.056 0.121 30,251 4,369 45,988 5,042

Al Omaniya Financial Services S.A.O.G FINANCE & LEASING

2015 14,711 6,565 36% 10% 0.027 274,276 207,444 24,568 66,830 14,575 4,299 0.100 0.330 0.297 0.310 76,159 860 2,668 14
2014 13,952 6,480 36% 10% 0.028 241,584 177,965 22,968 63,619 (213) 5,972 0.100 0.400 0.330 0.330 68,215 943 2,629 69
2013 13,377 6,068 33% 10% 0.028 239,946 178,899 22,331 61,047 8,199 5,583 0.100 0.400 0.315 0.400 89,323 1,883 5,335 150
2012 12,513 5,656 34% 10% 0.030 210,248 152,238 20,209 58,010 840 5,052 0.100 0.315 0.264 0.315 63,658 7,825 25,818 134
2011 10,775 4,831 35% 11% 0.030 159,191 113,725 15,558 45,466 (5,154) 3,889 0.100 0.338 0.255 0.310 48,229 2,454 8,637 104

96
Investment
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Al Anwar Holdings S.A.O.G INVESTMENT & BROKERAGE

2015 7,603 5,017 66% 17% 0.038 43,916 14,137 13,050 29,779 3,053 - 0.100 0.287 0.155 0.165 24,762 156,517 667,530 38,601
2014 6,028 3,568 59% 14% 0.025 48,057 22,055 12,000 26,002 (505) 6,171 0.100 0.412 0.140 0.191 22,920 104,562 351,551 24,888
2013 3,914 1,819 46% 8% 0.013 42,246 19,188 12,000 23,058 1,637 4,702 0.100 0.386 0.134 0.374 44,880 113,867 452,589 29,171
2012 3,165 131 4% 1% 0.004 35,694 15,000 12,000 20,694 (331) - 0.100 0.164 0.102 0.132 15,840 24,345 186,486 14,187
2011 1,511 (1,274) (84%) (6%) (0.010) 41,283 19,879 12,000 21,404 (1,330) - 0.100 0.150 0.084 0.108 12,960 4,797 40,768 5,842

Al Batinah Development & Investment Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 132 89 67% 3% 0.003 3,322 93 3,000 3,229 (110) - 0.100 0.211 0.076 0.078 2,340 6,867 42,684 4,015
2014 127 988 778% 31% 0.033 3,325 94 3,000 3,231 (73) 150 0.100 0.224 0.083 0.125 3,750 25,890 143,703 8,591
2013 1,353 (79) (6%) (2%) (0.003) 3,445 214 3,000 3,231 (18) - 0.100 0.128 0.045 0.084 2,520 5,985 64,362 3,881
2012 1,666 (289) (17%) (9%) (0.006) 3,992 741 3,000 3,251 (61) - 0.100 0.065 0.030 0.052 1,560 1,973 49,605 3,089
2011 1,858 (1,273) (69%) (34%) (0.015) 6,598 2,891 6,000 3,707 (351) - 0.100 0.071 0.032 0.034 2,040 894 19,962 2,566

Dhofar International Development & Investment Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 3,098 12,367 399% 11% 0.050 249,044 132,241 24,640 116,804 (773) 3,696 0.100 0.546 0.390 0.398 98,067 4,035 8,397 273
2014 3,577 12,597 352% 12% 0.057 230,276 121,536 22,000 108,740 701 6,600 0.100 0.644 0.520 0.530 116,600 10,053 17,543 1,077
2013 5,801 18,820 324% 19% 0.094 215,869 117,927 20,000 97,942 (675) 6,000 0.100 0.652 0.375 0.616 123,200 27,683 53,272 3,559
2012 3,222 11,069 344% 13% 0.055 174,738 91,027 20,000 83,711 1,012 6,000 0.100 0.525 0.307 0.375 75,000 5,703 15,284 1,669
2011 1,189 1,074 90% 1% 0.005 161,074 83,810 20,000 77,264 152 4,000 0.100 0.660 0.385 0.435 87,000 6,825 13,269 1,703

Financial Corporation Co S.A.O.G (FINCORP), The INVESTMENT & BROKERAGE

2015 635 (403) (63%) (4%) (0.006) 12,701 2,697 7,003 10,003 776 - 0.100 0.125 0.110 0.113 7,913 222 1,976 16
2014 2,215 1,438 65% 16% 0.021 10,633 1,821 7,003 8,812 (1,292) - 0.100 0.171 0.113 0.125 8,754 422 3,111 300
2013 1,111 24 2% 0% 0.000 8,699 1,358 7,003 7,341 675 - 0.100 0.125 0.090 0.114 7,983 630 5,718 113
2012 1,152 (238) (21%) (3%) (0.003) 8,292 1,028 7,003 7,264 151 - 0.100 0.125 0.112 0.124 8,684 42 338 4
2011 1,173 (555) (47%) (7%) (0.079) 9,739 2,266 7,003 7,473 -2,979 - 1.000 2.024 1.257 1.257 8,803 4,078 3,094 48

97
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Financial Services Co S.A.O.G INVESTMENT & BROKERAGE

2015 485 (265) (55%) (6%) (0.004) 7,763 3,335 6,500 4,428 - - 0.100 0.167 0.150 0.165 10,725 1,059 6,423 36
2014 925 190 21% 4% 0.003 7,612 2,972 6,500 4,640 456 - 0.100 0.173 0.135 0.160 10,400 2,110 13,024 255
2013 1,236 501 41% 13% 0.008 6,826 2,961 6,500 3,865 (763) - 0.100 0.170 0.056 0.161 10,465 9,100 95,734 4,096
2012 474 (1,163) (245%) (35%) (0.013) 6,238 2,888 6,500 3,350 79 - 0.100 0.095 0.050 0.069 4,485 2,081 26,594 2,188
2011 (523) (2,016) 385% (38%) (0.031) 8,029 2,714 6,500 5,315 750 - 0.100 0.127 0.048 0.055 3,575 377 4,718 631

Global Financial Investments Holding S.A.O.G INVESTMENT & BROKERAGE

2015 2,699 1,370 51% 4% 0.007 38,003 4,009 20,000 33,994 (1,683) 1,000 0.100 0.127 0.100 0.111 22,200 20,881 18,902 1,706
2014 3,493 23 1% - (0.001) 38,309 5,640 20,000 32,669 637 - 0.100 0.188 0.107 0.122 24,400 50,261 321,127 6,004
2013 6,335 2,544 40% 8% 0.009 39,224 7,344 20,000 31,880 (641) - 0.100 0.180 0.092 0.155 31,000 85,725 601,582 21,871
2012 4,304 2,061 48% 5% 0.007 42,558 3,235 30,000 39,323 (1,285) - 0.100 0.114 0.055 0.091 27,300 23,349 255,109 11,687
2011 890 -1,282 (144%) (4%) (0.005) 38,719 3,095 30,000 35,624 1,835 - 0.100 0.080 0.045 0.056 16,800 2,901 46,880 4,247

Gulf Investment Services Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 718 (1,215) (169%) (6%) (0.008) 28,342 9,141 15,023 19,200 1,243 - 0.100 0.193 0.088 0.090 5,296 35,272 231,054 11,812
2014 3,243 1,590 49% 7% 0.010 32,938 11,578 15,023 21,360 8,512 901 0.100 0.320 0.110 0.142 21,333 152,482 593,380 24,475
2013 6,560 4,243 65% 19% 0.027 29,522 7,435 15,023 22,087 (373) 2,254 0.100 0.208 0.094 0.206 30,948 160,190 980,798 32,481
2012 2,610 1,293 50% 7% 0.009 24,670 5,949 15,023 18,721 (88) 901 0.100 0.106 0.053 0.094 14,122 31,520 366,098 16,815
2011 977 (531) (54%) (3%) (0.002) 22,264 4,850 15,023 17,414 (1,103) - 0.100 0.099 0.048 0.052 7,812 5,716 73,892 7,114

National Securities Co S.A.O.G INVESTMENT & BROKERAGE

2015 (489) (1,027) 210% (63%) (0.051) 2,438 811 2,000 1,628 328 - 0.100 0.175 0.169 0.169 3,380 5 30 3
2014 1,201 725 60% 27% 0.036 4,296 1,629 2,000 2,667 (59) - 0.100 0.200 0.085 0.160 3,200 685 6,541 478
2013 251 (308) (123%) (25%) (0.012) 2,826 1,618 2,500 1,208 503 - 0.100 0.097 0.055 0.090 2,250 748 9,531 327
2012 239 (376) (157%) (25%) (0.015) 2,872 1,349 2,500 1,523 (80) - 0.100 0.085 0.061 0.067 1,675 142 2,104 55
2011 444 (195) (44%) (10%) (0.008) 3,440 1,521 2,500 1,919 (33) - 0.100 0.126 0.072 0.077 1,925 150 1,533 28

98
Investment
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman & Emirates Investment Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 283 (3,404) (1203%) (15%) (0.028) 53,389 30,463 12,188 22,926 2,052 - 0.100 0.161 0.086 0.090 10,969 26,818 216,365 10,201
2014 4,791 540 11% 2% 0.004 56,107 30,432 12,188 25,675 1,681 - 0.100 0.295 0.098 0.123 14,991 117,251 517,436 27,030
2013 8,745 3,729 43% 15% 0.025 58,326 33,468 12,188 24,858 1,190 - 0.100 0.213 0.103 0.187 22,791 77,447 463,086 20,797
2012 6,254 2,331 37% 12% 0.019 50,970 31,381 12,187 19,589 787 - 0.100 0.156 0.090 0.103 12,553 11,016 93,105 6,373
2011 1,210 (3,671) (303%) (19%) (0.024) 57,495 38,493 12,187 19,002 (160) - 0.100 0.203 0.086 0.094 11,456 2,396 15,972 2,095

Oman International Development & Investment Co S.A.O.G (OMINVEST) INVESTMENT & BROKERAGE

2015 142,888 37193 26% 11% 0.067 2,248,848 1,917,205 55,286 331,643 (105,322) - 0.100 0.506 0.406 0.442 244,365 40,334 87,117 1,449
2014 75,092 28,424 38% 11% 0.043 1,864,238 1,627,246 33,674 236,992 140,043 10,102 0.100 0.490 0.358 0.416 140,085 29,905 71,968 5,447
2013 69,571 26,441 38% 13% 0.046 1,495,527 1,274,941 30,613 220,586 (17,567) 7,653 0.100 0.513 0.360 0.434 132,860 49,708 115,203 11,475
2012 61,277 22,711 37% 14% 0.034 1,406,743 1,205,753 27,830 200,990 81,959 6,123 0.100 0.438 0.332 0.386 107,424 20,357 52,293 7,754
2011 54,538 19,993 37% 11% 0.034 1,145,703 968,551 25,300 177,152 (25,172) 5,060 0.100 0.535 0.375 0.418 105,754 31,957 67,063 10,926

Shurooq Investment Services Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 55 (351) (638%) (9%) (0.007) 4,141 437 5,000 3,703 (244) - 1.000 1.135 1.035 1.035 5,175 - - 1
2014 260 (159) (61%) (4%) (0.032) 4,795 741 5,000 4,054 983 - 1.000 1.035 1.035 1.035 5,175 52 50 1
2013 359 (109) (30%) (3%) (0.022) 5,039 826 5,000 4,213 (310) - 1.000 1.150 1.035 1.035 5,175 5 5 8
2012 220 (515) (234%) (12%) (0.103) 5,376 1,054 5,000 4,322 (2,501) - 1.000 1.150 1.150 1.150 5,750 - - -
2011 (26) (726) 2,792% (15%) (0.145) 6,282 1,446 5,000 4,836 (60) - 1.000 1.150 1.100 1.150 5,750 143 125 6

ASharqiya Investment Holding Co S.A.O.G INVESTMENT & BROKERAGE

2015 1,302 134 10% 1% 0.001 17,262 2,587 9,000 14,674 1,481 - 0.100 0.206 0.092 0.092 8,280 11,868 84,414 6,881
2014 1,848 573 31% 3% 0.007 23,292 4,844 8,652 18,448 (1,043) 781 0.100 0.354 0.099 0.130 11,248 58,826 218,786 17,094
2013 1,585 531 34% 2% 0.007 26,251 3,819 8,400 22,432 (336) 840 0.100 0.300 0.101 0.261 21,924 40,130 203,087 12,469
2012 1,648 286 17% 2% 0.004 20,355 3,976 8,000 16,379 (1,120) 800 0.100 0.120 0.080 0.108 8,640 1,698 16,400 1,291
2011 1,225 370 30% 3% 0.005 17,249 3,317 8,000 13,932 669 - 0.100 0.120 0.085 0.096 7,680 313 2,962 264

99
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

National Real Estate Development Co S.A.O.G (National Beverages) REAL ESTATE

2015 17 (94) - (1%) (0.005) 9,800 15 1,763 9,785 (353) - 1.000 5.000 5.000 5.000 8,813 - - -
2014 9 (177) - (2%) (0.101) 9,853 33 1,763 9,820 (2,615) - 1.000 5.000 5.000 5.000 8,813 - - -
2013 3,352 3,088 - 35% 1.752 11,221 2,498 1,763 8,723 3,243 - 1.000 5.000 5.000 5.000 88,125 - - -
2012 - (108) - (1%) (0.186) 11,783 2,322 1,763 9,461 253 - 1.000 5.000 5.000 5.000 88,150 16 3 1
2011 - (97) - (1%) (0.172) 11,536 3,178 563 8,358 - - 1.000 5.000 5.000 5.000 28,150 - - -

FINCORP Al Amal Fund JIA FUNDS

2015 (441) (575) 130% (21%) (0.019) 2,718 29 3,013 2,689 6 - 1.000 0.964 0.964 0.964 3,099 - - -
2014 335 120 36% 3% 0.039 3,554 39 3,107 3,515 931 140 1.000 0.964 0.964 0.964 2,995 - - -
2013 1,082 781 72% 21% 0.262 4,046 377 2,793 3,669 21 140 1.000 1.110 1.110 1.110 3,101 - - -
2012 227 75 33% 2% 0.020 3,941 144 3,449 3,798 (551) - 1.000 1.109 1.109 1.109 3,825 - - -
2011 (746) (912) 122% (22%) (0.201) 5,012 839 3,860 4,173 (28) - 1.000 1.109 1.109 1.109 4,281 - - -

Majan Capital Fund JIA FUNDS

2015 (542) (785) 145% - - 2,376 5 - - 285 - 1.000 1.545 1.545 1.545 4,555 - - -
2014 507 182 36% 4% 0.069 4,059 5 2,638 4,054 120 - 1.000 1.700 1.700 1.700 4,485 - - -
2013 1,498 963 64% 23% 0.363 4,156 5 2,646 4,158 (167) 265 1.000 1.700 1.700 1.700 4,499 - - -
2012 314 134 43% 4% 0.050 3,252 34 2,670 3,218 (129) - 1.000 1.799 1.700 1.700 4,539 3 2 2
2011 (473) (638) 135% (21%) (0.239) 3,394 309 2,670 3,085 244 - 1.000 1.799 1.799 1.799 3,084 1 1 1

100
Investment

101
Performance Highlights

102
Investment

SECTION 2
INDUSTRIAL SECTOR

103
104
105
Company name Basic information status Financial information Approval status
Gulf Plastic Industries Co S.A.O.G Approved Not approved
ALMAHA CERAMICS Approved Not approved Assets Market Capitalisation Net-worth Equity
Areej Vegetable Oils & Derivatives S.A.O.G Approved Not approved
Dhofar Beverages & Food Stuff Co S.A.O.G Approved Not approved
Dhofar Fisheries and Food Industries Co S.A.O.G Approved Not approved
Dhofar Poultry Co S.A.O.G Approved Not approved
Gulf Mushroom Products Co S.A.O.G Approved Not approved
Gulf Stone Co S.A.O.G Approved Not approved
Al Hassan Engineering Co S.A.O.G Approved Not approved
National Detergent Co S.A.O.G, The Approved Not approved
National Mineral Water Co S.A.O.G Approved Not approved
Oman Chromite Co S.A.O.G Approved Not approved
Oman Chlorine Co S.A.O.G Approved Not approved
Omani Euro Food Industries Co S.A.O.G Approved Not approved
Oman Flour Mills Co S.A.O.G Approved Not approved
Oman Packaging Co S.A.O.G Approved Not approved
Oman Refreshment Co S.A.O.G Approved Not approved
2014 2015
Packaging Co Ltd S.A.O.G Approved Not approved
Salalah Mills Co S.A.O.G Approved Not approved
Abrasives Manufacturing Co S.A.O.G Not Approved Not Approved
Al Fajar Al Alamia Co S.A.O.G Not Approved Not Approved
Galfar Engineering & Contracting S.A.O.G Not Approved Not Approved
Gulf International Chemicals S.A.O.G Not Approved Not Approved
Muscat Thread Mills S.A.O.G Not Approved Not Approved
Oman Cement Co S.A.O.G Jan Feb NotMar
Approved Apr May Jun NotJulApprovedAug Sep Oct Nov Dec
Oman Ceramics Co S.A.O.G Not Approved Not Approved
Raysut Cement Co S.A.O.G Not Approved Not Approved
A'Saffa Foods S.A.O.G Not Approved Not Approved
Al Oula Company (Oman) S.A.O.G Not Approved Not Approved
National Aluminium Products Co S.A.O.G Not Approved Not Approved
National Pharmaceutical Industries Co S.A.O.G Not Approved Not Approved
Oman Fisheries Co S.A.O.G Not Approved Not Approved
Oman Fiber Optic Co S.A.O.G Not Approved Not Approved
Sohar Poultry Co S.A.O.G Not Approved Not Approved

106
Page Contents Page Contents
Food & Beverages Mining
108 A Saffa Foods S.A.O.G 152 Al Fajar Al Alamia Co. S.A.O.G
110 Areej Vegetable Oils & Derivatives S.A.O.G 154 Al Oula Co. S.A.O.G
112 Dhofar Beverage & Food Stuff Co. S.A.O.G 156 Gulf Stone Co. S.A.O.G

114 Dhofar Cattle Feed Co. S.A.O.G 158 Oman Chromite Co. S.A.O.G

116 Dhofar Fisheries Industries Co. S.A.O.G Construction Materials Support


118 Dhofar Poultry Co. S.A.O.G 160 Al Maha Ceramics S.A.O.G

120 Gulf Mushroom Products Co. S.A.O.G 162 Abrasives Manufacturing Co. S.A.O.G

122 National Biscuit Industries Ltd S.A.O.G - and its subsidiary 164 Al Anwar Ceramic Tiles Co. S.A.O.G

124 National Mineral Water Co. S.A.O.G 166 Al Jazeera Steel Products Co. S.A.O.G

126 Oman Fisheries Co. S.A.O.G 168 Construction Materials Industries & Contracting Co. S.A.O.G
170 National Aluminium Products Co. S.A.O.G
128 Oman Flour Mills Co. S.A.O.G
172 Oman Ceramics Co. S.A.O.G
130 Oman Refreshment Co. S.A.O.G
Paper, Packaging & Glass
132 Omani Euro Food Industries Co S.A.O.G
174 Computer Stationery Industry S.A.O.G
134 Salalah Mills Co. S.A.O.G
176 Gulf Plastic Industries Co. S.A.O.G
136 Sohar Poultry Co. S.A.O.G
178 Majan Glass Co. S.A.O.G
138 Sweets of Oman S.A.O.G
180 Omani Packaging Co. S.A.O.G
Cement
182 Packaging Co. Ltd S.A.O.G
140 Oman Cement Co. S.A.O.G
Chemicals
142 Raysut Cement Co. S.A.O.G
184 Gulf International Chemicals S.A.O.G
Engineering
186 National Detergent Co. S.A.O.G
144 Al Hassan Engineering Co. S.A.O.G
188 Oman Chlorine S.A.O.G
146 Galfar Engineering & Contracting S.A.O.G
Pharmaceuticals
Textiles
Net Profit /190 National
Total Dividend Pharmaceutical Industries Co. S.A.O.G
(RO 000)
148 Muscat Thread Mills S.A.O.G Electrical & Mechanical
Net Profit Total Dividend
150 Oman Textile Mills Holding Co S.A.O.G 192 Oman Cables Industry S.A.O.G
194 Oman Fiber Optic Co. S.A.O.G
196 Voltamp Energy S.A.O.G

198-209 Performance Highlights

Industry 107
A Saffa Foods S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Production of Poultry Products, Import & Export
150000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 105, Expatriates: 598 - Total: 703 Omani 125000

GCC
Key Staff 100000
Arabs not GCC
Dr. Nasser Zaher Al Maawali : CEO
Foreigners
75000

Main Shareholders (Holding 5% and more shares)


50000
Zilal Investment Company : 33.25%
Gulf Investment Corporation : 20.01%
Al Hosn Investment Co SAOC : 13.24% Omani GCC Arabs not GCC Foreigners Total 25000

National United Engineering & Contracting Co LLC : 10% Nos 179 33 1 - 213

Internal security pension fund : 6.66% Value 47,770,363 55,429,112 525 - 103,200,000 0
2011 2012 2013 2014 2015
% 46% 54% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Director (from 28/4/2015 to
Mr. Rashid Saif Mohammed Al Saadi : 7/7/2015), Chairman (from 8/7/2015 1.200
onwards)
Chairman (from 7/4/2015 to 7/7/2015) 1.075
Mr. Fahad Mohammed Al AbdulQader : Director (from 8/7/2015 onwards)
Eng. Saleh Mohammed Al Shanfari : Chairman (until 6/4/2015) 0.950
Dr. Hamad Saad Majid AlKuwari : Vice Chairman
0.825
Dr. Saeed Ali Salem Al Araimi : Director
Mr. AbdulAziz Mohammed Nasser AlNadabi : Director 0.700
Director (from 23/3/2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Eng. Ali Hilal Ali Al Kuwari : onwards)
Mr. Omer Abdulaziz Hamad Al Marwani : Director (from 15/7/2015 Trading Information 2015 2014 2013 2012 2011
onwards)
No of Shares Traded (000) 40,573 18,487 4,992 5,612 19,630
Mr. Mubarak Suleiman Al Mantheri : Director (until 11/2/2015)
Value of Trading (RO000) 38,674 17,592 4,266 2,820 8,666
Mr. Ahmed Rashid AlMamari : Director (until 15/7/2015)
No of trades executed 34 308 458 758 5,248
Yearly High price (RO) 0.955 1.140 1.175 0.570 0.515
Other Information Yearly low price (RO) 0.776 0.660 0.530 0.430 0.333
Established : 2001 Closing price (RO) 0.860 0.776 1.140 0.559 0.489
Auditors : Pricewaterhouse Coopers Price Earnings Ratio (Multiplier) 17.260 14.370 18.387 8.873 13.971
Legal Advisor : Zaid Al Malki & Nasser Al Tabiab Advocacy & Legal Consultancy
Market Capitalisation (RO000) 103,200 93,120 131,969 61,630 51,345

108 Food & Beverages


A Saffa Foods S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 31,953 30,235 28,537 25,870 21,328 Cashflow from operating activities 5,478 6,353 12,699 2,630 4,443
Cost of Sales (18,623) (16,764) (16,536) (15,507) (13,833)
Cashflow from investing activities (6,025) (3,578) (4,153) (4,618) (2,105)
Gross Profit 13,331 13,471 12,001 10,363 7,495
Other income 36 15 47 1,238 17 Cashflow from financing activities (2,875) (3,214) (3,934) 1,634 (2,335)
Total Income 13,367 13,486 12,048 11,601 7,512 Net change in cash & cash equivalents (3,421) (439) 4,612 (354) 3
Operating expenses (6,493) (5,754) (4,871) (4,330) (3,661)
Other Gains/ (losses) (139) - - - - Key Financial indicators
Income Tax (756) (1,289) - - -
Net profit for the year 5,979 6,443 7,177 7,271 3,851 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 19% 21% 25% 28% 18%
Total comprahensive income 5,979 6,443 7,177 7,271 3,851
Return on Equity % 16% 19% 25% 31% 23%
Financial Position Earning per share (RO) 0.050 0.054 0.060 0.066 0.035
Statement of Financial Position Cash dividend (RO000) 2,160 2,160 1,892 1,654 1,260
Assets
Non-current assets Cash dividend ratio % 18.00% 18.00% 16.34% 15.00% 12.00%
Tangible assets 25,133 22,713 24,137 21,196 17,833 Stock dividend (RO000) - - 424 551 525
Investments 165 100 50 50 50 Stock dividend ratio % 0.00% 0.00% 3.66% 5.00% 5.00%
Other assets 5,378 3,458 - - -
30,675 26,271 24,187 21,246 17,883 Financial Position
Current assets Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 7,299 7,563 5,712 9,272 4,760
Inventories 5,373 6,083 4,704 5,711 3,501 Net assets / Book value per share (RO) 0.308 0.277 0.248 0.210 0.155
Cash & bank balances 6,810 6,650 7,092 2,481 2,834 Equity Ratio % 74% 71% 69% 60% 59%
Other assets - - - - -
19,482 20,296 17,508 17,464 11,095 Debt Ratio % 13% 18% 23% 30% 29%
Total assets 50,157 46,567 41,695 38,710 28,978 Current ratio 3 3 3 2 2
Liabilities Liquid ratio 2 2 2 1 2
Non-current Liabilities
Borrowings 2,620 5,166 6,322 6,615 5,973 Inventory turnover (days) 105 132 104 134 92
Other liabilities 3,745 1,359 834 900 1,016 Avg. collection period (days) 83 91 73 131 81
6,365 6,525 7,156 7,515 6,989
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 1,340 3,032 3,061 4,894 2,473 Net Profit Total Dividend
Payables & accruals 5,446 3,821 2,841 3,187 2,413 8000
Other liabilities - - - -
6,785 6,853 5,902 8,081 4,886 6000
Total liabilities 13,150 13,378 13,058 15,596 11,875
4000
Share capital 12,000 12,000 11,576 11,025 10,500 2000
Retained earnings 21,058 17,837 14,353 10,103 5,346
Others 3,950 3,352 2,708 1,986 1,257 0
Net-worth 37,007 33,189 28,637 23,114 17,103 2011 2012 2013 2014 2015

Industry 109
Areej Vegetable Oils & Derivatives S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturer of Vegetable Oils, Fats, Butter, Margarine and Mayonnaise
ww.avod.com.om
80000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 331, Expatriates: 302 - Total: 633
Omani 64000
GCC
Key Staff
Arabs not GCC
Prem Maker : MD 48000
Foreigners

Main Shareholders (Holding 5% and more shares) 32000


Mohsin Haidar Darwish LLC : 30.50%
Dr. Omar Abdulmeniem Yousef Zawawi : 24.98%
: 16000
Waleed Omar Abdulmeniem Zawawi 9.26% Omani GCC Arabs not GCC Foreigners Total
Zawawi Trading Company : 5.99% Nos 252 1 - - 253
Oman Zawawi Establishment : 5.01% Value 25,343,691 2,309 - - 25,346,000
0
Al Khuwair Development & Service Company LLC : 5.00% % 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Nasser bin Muhammed bin Nasser Al Hadhramy : Chairman 2014 2015
Nasser bin Khalifa Al Kilbani : Deputy Chairman 5.700
Mr. H.P. Kothary : Director
5.475
Mr. Gamal Mohammed Ahmad : Director
Mr. Prem Maker : Managing Director 5.250
Mr. E. M. Ashraf : Director
5.025
Mr. Salem bin Nasser Al Bortmany : Director

4.800
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 1 9 54 1 1
Value of Trading (RO000) 6 50 196 1,135 2,796
Other Information
No of trades executed 2 30 64 2 2
Established : 1980
Yearly High price (RO) 5.510 5.610 5.500 2.501 2.501
Auditors : KPMG
Yearly low price (RO) 5.510 4.850 2.500 2.500 2.500
Legal Advisor : Rajab Al Kathiri & Associates
Closing price (RO) 5.510 5.510 5.100 2.501 2.501
Price Earnings Ratio (Multiplier) 9.601 9.718 9.623 4.972 7.672
Market Capitalisation (RO000) 25,346 25,346 23,460 11,505 11,505

110 Food & Beverages


Areej Vegetable Oils & Derivatives S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 84,023 92,461 92,100 91,674 96,027 Cashflow from operating activities 2,893 5,638 7,447 6,560 (3,916)
Cost of Sales (74,333) (83,412) 83,095) (83,361) (89,336)
Cashflow from investing activities (4,964) (6,264) (6,835) (5,181) (2,055)
Gross Profit 9,690 9,049 9,005 8,313 6,691
Other income 34 76 37 78 59 Cashflow from financing activities 2,079 636 (536) (1,373) 5,856
Total Income 9,724 9,125 9,042 8,391 6,750 Net change in cash & cash equivalents 8 10 76 6 (115)
Operating expenses (6,332) (6,168) (6,274) (5,766) (5,047)
Other Gains/ (losses) (358) - - - - Key Financial indicators
Income Tax (394) (351) (329) (311) (201)
Net profit for the year 2,640 2,606 2,439 2,314 1,502 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% 3% 3% 3% 2%
Total comprahensive income 2,640 2,606 2,439 2,314 1,502
Return on Equity % 20% 21% 22% 23% 17%
Financial Position Earning per share (RO) 0.574 0.567 0.530 0.503 0.326
Statement of Financial Position Cash dividend (RO000) 1,610 1,610 1,380 1,380 1,150
Assets
Non-current assets Cash dividend ratio % 35.0% 35% 30% 30% 25%
Tangible assets 26,526 25,189 19,691 17,098 13,801 Stock dividend (RO000) 2,300 - - - -
Investments - - - - - Stock dividend ratio % 50% - - - -
Other assets - - - - -
26,526 25,189 19,691 17,098 13,801 Financial Position
Current assets Authorised Capital (RO000) 4,600 4,600 4,600 4,600 4,600
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 10,526 10,453 11,792 9,887 10,626
Inventories 16,067 12,903 14,458 16,542 13,400 Net assets / Book value per share (RO) 2.940 2.716 2.449 2.219 1.966
Cash & bank balances 15 13 11 15 8 Equity Ratio % 25% 26% 25% 23% 24%
Other assets - - - - -
26,608 23,369 26,261 26,444 24,034 Debt Ratio % 25% 36% 34% 34% 39%
Total assets 53,134 48,558 45,952 43,542 37,835 Current ratio 1 1 1 1 1
Liabilities Liquid ratio - - - - -
Non-current Liabilities
Borrowings 11,199 8,544 4,414 5,673 3,048 Inventory turnover (days) 79 56 64 72 55
Other liabilities 2,211 2,010 1,867 1,712 1,581 Avg. collection period (days) 46 41 47 39 40
13,410 10,554 6,281 7,385 4,629
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 9,906 8,877 10,998 8,976 11,823 Net Profit Total Dividend
Payables & accruals 16,297 16,635 17,407 16,975 12,341 3000
Other liabilities - - - - -
26,203 25,512 28,405 25,951 24,164 2250
Total liabilities 39,613 36,066 34,686 33,336 28,793
Equity 1500
Share capital 4,600 4,600 4,600 4,600 4,600 750
Retained earnings 6,736 5,706 4,479 3,420 2,347
Others 2,186 2,186 2,187 2,186 2,095 0
Net-worth 13,522 12,492 11,266 10,206 9,042 2011 2012 2013 2014 2015

Industry 111
Dhofar Beverage & Food Stuff Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing & trading of Mineral water, juices and foodstuff.

8000 Assets Market Capitalisation Net-worth Equity


No of staff
Omani: 45, Expatriates: 140 - Total: 185 Omani 6400
GCC
Key Staff Arabs not GCC
Mr.Khaled Mohamed Aly Gaber: General Manager 4800
Foreigners

Main Shareholders (Holding 5% and more shares) 3200


Dhofar Cattle feed Co S.A.O.G : 30.45%
Economic Enterprises for Trading & Contracting : 14.21%
Oman International Investment Co : 10.08% Omani GCC Arabs not GCC Foreigners Total 1600
Abdul Qader Salim Ahmed Al Ghassany Inherited : 9.99% Nos 167 1 - - 168
Hamad Hamaud Hamad Al Ghasri : 7.29% Value 5,195,752 4,248 - - 5,200,000
0
Financial Service Co : 5.76% % 100% - - - 100% 2011 2012 2013 2014 2015
Dhofar International for Development and Investment Co : 5%
Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015

Mohamed bin Aufait Abdullah Al Shanfari : Chairman 0.500

Murtafa bin Abdul Qoder Salam Alshassani : Vice Chariman


0.425
Ghazi Taher Mahmoud Jaber : Director
Salem bin Mubarak Sulem Al Shanfsri : Director 0.350
Azzan bin Ahmed Mohummed Al Shanfari : Director
0.275
Omer bin SalemAbdullah Al Dahab : Director
Ahmed bin Suhail Ahmed Al Hadri : Director 0.200
Ahmed bin Ali Salem Oatan : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sulem bin Ahmed Al Katheri : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 15 5 2 20 57
Value of Trading (RO000) 4 1 1 5 15
No of trades executed 3 2 2 3 6
Other Information
Yearly High price (RO) 0.260 0.260 0.260 0.261 0.270
Established : 1979 Yearly low price (RO) 0.260 0.260 0.240 0.260 0.243
UTC International
Auditors : Audit-Tax Consulting Closing price (RO) 0.260 0.260 0.260 0.260 0.261
Mohd. Al Barami Legal Price Earnings Ratio (Multiplier) 1.660 26.000 23.636 32.500 (261.000)
Legal Advisor : consultants & Arbitration Office Market Capitalisation (RO000) 5,200 5,200 5,200 5,200 5,220

112 Food & Beverages


Dhofar Beverage & Food Stuff Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 5,609 5,166 4,530 4,367 3,741 Cashflow from operating activities 762 832 45 257 602
Cost of Sales (3,315) (3,189) (3,046) (3,090) (2,628)
Cashflow from investing activities (18) (319) (631) (1,232) 8
Gross Profit 2,294 1,977 1,484 1,277 1,113
Other income 101 92 12 5 14 Cashflow from financing activities (677) (499) 589 825 (501)
Total Income 2,395 2,069 1,496 1,282 1,127 Net change in cash & cash equivalents 67 14 3 (150) 109
Operating expenses (1,999) (1,823) (1,449) (1,173) (1,046)
Other Gains/ (losses) (41) (17) 179 80 (106) Key Financial indicators
Income Tax (42) (25) (4) (19) -
Net profit for the year 313 204 222 170 (25) Profitability
Other comprehesnive income - - - 1,726 - Net Profit ratio % 6% 4% 5% 4% (1%)
Total comprahensive income 313 204 222 1,896 (25)
Return on Equity % 7% 4% 5% 4% (1%)
Financial Position Earning per share (RO) 0.016 0.010 0.011 0.008 (0.001)
Statement of Financial Position Cash dividend (RO000) 300 200 170 100 -
Assets
Non-current assets Cash dividend ratio % 15.0% 10% 9% 5% -
Tangible assets 4,562 4,676 4,648 4,143 1,136 Stock dividend (RO000) - - - - -
Investments 170 171 171 172 175 Stock dividend ratio % - - - - -
Other assets - - - - -
4,733 4,847 4,819 4,315 1,311 Financial Position
Current assets Authorised Capital (RO000) 2,000 2,000 2,000 2,000 2,000
Investments 188 558 696 710 677
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 723 586 666 593 511
Inventories 676 938 773 656 599 Net assets / Book value per share (RO) 0.237 0.231 0.229 0.223 0.129
Cash & bank balances 105 39 25 22 171 Equity Ratio % 74% 66% 66% 71% 79%
Other assets - - - -
1,693 2,121 2,160 1,981 1,958 Debt Ratio % 6% 17% 22% 13% 0%
Total assets 6,426 6,968 6,979 6,296 3,269 Current ratio 1 1 1 1 3
Liabilities Liquid ratio 1 1 1 1 2
Non-current Liabilities
Borrowings 361 105 345 - - Inventory turnover (days) 74 107 93 77 83
Other liabilities 361 334 312 293 43 Avg. collection period (days) 47 41 54 50 50
722 439 657 293 43
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 708 1,080 1,169 825 - Net Profit Total Dividend
Payables & accruals 619 824 562 709 653 500
Other liabilities - - - - -
1,327 1,904 1,731 1,534 653 375
Total liabilities 1,687 2,343 2,388 1,827 696
250
Equity
Share capital 2,000 2,000 2,000 2,000 2,000 125
Retained earnings 282 191 177 - (161)
Others 2,457 2,434 2,414 2,469 734 0
Net-worth 4,739 4,625 4,591 4,469 2,573 2011 2012 2013 2014 2015

Industry 113
Dhofar Cattle Feed Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Animal feed , Dairy products , fodder and grasses.
80000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 233, Expatriates: 508 - Total: 741 Omani 64000
GCC
Key Staff Arabs not GCC
Sheikh Salim Bin Ahmed Al Kathiri - GM operation 48000
Foreigners
Mr. Ahmed Bin Ali Qatan GM-SS

32000
Main Shareholders (Holding 5% and more shares)
Muscat Overseas LLC : 21.20%
16000
Sheikh Mustahail Ahmed Al Mashani : 13.92% Omani GCC Arabs not GCC Foreigners Total
Gulf Investment Services Holdings : 13.89% Nos 754 3 - - 757
Al Rawas Development & Investment LLC. : 10.47% Value 16,350,926 50,074 - - 16,401,000
0
Al Khanji Holdings : 6.08% % 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Sheikh Hamoud Bin Musthail Ahmed Al Mashani : Chairman 0.500
Sheikh Ahmed Bin Abdullah Saeed Al Rawas : Vice Chariman
0.415
Sheikh Khalid Bin Musthail Ahmed Al Mashani : Member
Sheikh Mohammed Bin Abdullah Saeed Al Rawas : Member 0.330
Sheikh Khalid Bin Abdullah Saeed Al Rawas : Member
0.245
Mr. Salim Bin Abdullah Faraj Al Awadi : Member
Sheikh Musallam Bin Ali Mohamed Al Mashani : Member 0.160
Mr. Aftab Patel : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dr. Hassan Saeed Kashoop : Member
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 10,093 23,546 25,281 39,766 22,399
Value of Trading (RO000) 2,016 5,805 6,709 6,807 3,230
No of trades executed 215 1,408 2,405 4,545 4,142
Other Information
Yearly High price (RO) 0.225 0.430 0.320 0.266 0.205
Established : 1983
Yearly low price (RO) 0.172 0.145 0.208 0.125 0.109
Auditors : Moore Stephens
Closing price (RO) 0.213 0.185 0.258 0.240 0.135
Mohamed Al Barami Lawyer & Legal
Legal Advisor : Consultancy Office Price Earnings Ratio (Multiplier) 1.201 (0.005) (0.006) 0.011 0.027
Market Capitalisation (RO000) 16,401 14,245 19,866 18,480 10,395

114 Food & Beverages


Dhofar Cattle Feed Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 43,871 31,873 29,517 27,510 24,833 Cashflow from operating activities (984) (1,319) 2,101 (597) 502
Cost of Sales (34,557) (27,201) (25,549) (20,157) (20,044)
Cashflow from investing activities (1,487) (4,544) (4,009) (1,106) 1,524
Gross Profit 9,314 4,672 3,909 7,353 4,789
Other income 204 948 649 899 1,269 Cashflow from financing activities 2,398 3,754 (239) 3,703 (839)
Total Income 9,518 5,620 4,617 8,252 6,058 Net change in cash & cash equivalents (73) (2,109) (2,147) 2,000 1,187
Operating expenses (9,049) (8,412) (3,823) (6,347) (5,962)
Other Gains/ (losses) 767 (83) (5) 36 66 Key Financial indicators
Income Tax 130 102 (61) (205) (59)
Net profit for the year 1,366 (2,773) (2,773) 1,736 103 Profitability
Other comprehesnive income (1400) (319) (319) 418 137 Net Profit ratio % 3% (9%) (10%) 6% 0%
Total comprahensive income (34) (3,092) (3,092) 2,154 240
Return on Equity % 3% (7%) (7%) 4% 0%
Financial Position Earning per share (RO) 0.017 (0.360) (0.390) - 0.013
Statement of Financial Position Cash dividend (RO000) 385 - - 1,309 385
Assets
Non-current assets Cash dividend ratio % 5.0% - - 17% 5%
Tangible assets 19,658 20,753 17,734 15,466 14,257 Stock dividend (RO000) 385 - - - -
Investments 26,079 26,924 27,719 21,552 21,577 Stock dividend ratio % 5% - - - -
Other assets 4,517 4,251 4,306 5,289 5,035
50,254 51,928 49,759 42,307 40,869 Financial Position
Current assets Authorised Capital (RO000) 7,700 7700 7,700 7,700 7,700
Investments - - - - -
Par value per share (RO) 0.100 0.1 0.1 0.1 0.1
Receivables & prepayments 7,774 8,099 6,991 7,407 4,946
Inventories 10,806 8,662 5,803 5,926 4,809 Net assets / Book value per share (RO) 0.534 0.534 0.574 0.001 0.528
Cash & bank balances 520 438 451 545 2,064 Equity Ratio % 59% 60% 70% 76% 77%
Other assets - - - - -
19,100 17,199 13,245 13,878 11,819 Debt Ratio % 8% 7% 3% 19% 1%
Total assets 69,354 69,127 63,004 56,185 52,688 Current ratio 1 1 1 1 1
Liabilities Liquid ratio - - - 1 1
Non-current Liabilities
Borrowings 4,672 4,156 1,384 19 85 Inventory turnover (days) 114 116 83 107 88
Other liabilities 629 529 561 466 403 Avg. collection period (days) 65 93 86 98 73
5,301 4,685 1,945 485 488
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 17,405 15,368 12,290 10,637 8,630 Net Profit Total Dividend
Payables & accruals 5,541 7,933 4,536 2,599 2,875 3500
Other liabilities - - - -
2100
22,946 23,301 16,826 13,236 11,505
Total liabilities 28,247 27,986 18,771 13,721 11,993 700
0
Equity -700
Share capital 7,700 7,700 7,700 7,700 7,700
-2100
Retained earnings 11,424 10,236 12,908 17,786 16,573
Others 21,983 23,205 23,625 16,978 16,422 -3500
2011 2012 2013 2014 2015
Net-worth 41,107 41,141 44,233 42,464 40,695

Industry 115
Dhofar Fisheries Industries Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Canning of fish, fish products and other sea foods.
10000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 35, Expatriates: 74 - Total: 109 Omani 8000
GCC
Key Staff Arabs not GCC
Hamid Ali Dahman Salman Al-Nahdi- GM 6000
Foreigners

Main Shareholders (Holding 5% and more shares) 4000


Husni Trading Company : 99.13%

2000
Omani GCC Arabs not GCC Foreigners Total
Nos 254 14 - - 268
Value 27,281 3,223,919 - - 3,251,200
0
% 0.8% 99.2% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Mahdi Mohamed Hassani Hassani : Chairman 2014 2015
Mr. Ramachandran Arunachala Venkataramanan : Vice Chariman 2.000
Mr. Emadadeen Khalil A Ahmad : Member
1.500
Dr. Zainab Mohammed Said : Member
Mr.Faisal Ali Dahman : Member 1.000

0.500

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Other Information Trading Information 2015 2014 2013 2012 2011


Established : 25/05/1996 No of Shares Traded (000) 2,518 - 994 - 994
Auditors : Talal Abu Ghazala Value of Trading (RO000) 2,732 - 1,069 - 899
Legal Advisor : Abdullah AL-Yaffi No of trades executed 1 - 5 1 1
Yearly High price (RO) 1.280 1.280 1.280 1.279 1.279
Yearly low price (RO) 1.085 1.280 1.075 1.279 0.905
Closing price (RO) 1.280 1.280 1.280 1.279 1.279
Price Earnings Ratio (Multiplier) (4.505) (2.575) (3.657) (25.078) (3.009)
Market Capitalisation (RO000) 3,251 3,251 3,251 3,249 3,249

116 Food & Beverages


Dhofar Fisheries Industries Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 3,990 4,202 5,623 7,574 3,728 Cashflow from operating activities (704) (225) 387 (290) (129)
Cost of Sales (4,203) (4,738) (5,904) (7,080) (4,264)
Cashflow from investing activities (68) (101) (21) (27) (12)
Gross Profit (213) (536) (281) 494 (536)
Other income 78 50 139 121 85 Cashflow from financing activities 846 333 (453) 451 150
Total Income (135) (486) (142) 615 (451) Net change in cash & cash equivalents 73 7 87) 134 9
Operating expenses (587) (769) (747) (746) (629)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - (8) - - -
Net profit for the year (722) (1,263) (889) (131) (1,080) Profitability
Other comprehesnive income - (1) 1 2 2 Net Profit ratio % (18%) (30%) (16%) (2%) (29%)
Total comprahensive income (721) (1,264) (888) (129) (1,078)
Return on Equity % (94%) (164%) (113%) (10%) (74%)
Financial Position Earning per share (RO) (0.284) (0.497) (0.350) (0.051) (0.425)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 3,200 3,765 4,287 4,883 5,451 Stock dividend (RO000) - - - - -
Investments 9 9 10 9 7 Stock dividend ratio % - - - - -
Other assets - 1 2 3 4
3,209 3,775 4,299 4,895 5,462 Financial Position
Current assets Authorised Capital (RO000) 8,000 8,000 8,000 8,000 8,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 326 217 1,387 1,615 737
Inventories 1,247 652 958 822 581 Net assets / Book value per share (RO) 0.302 0.302 0.311 0.523 0.574
Cash & bank balances 179 106 99 185 52 Equity Ratio % 15% 16% 12% 18% 21%
Other assets - - - - -
1,751 975 2,444 2,622 1,370 Debt Ratio % 45% 64% 55% 69% 63%
Total assets 4,960 4,750 6,743 7,517 6,832 Current ratio 1 1 1 1 -
Liabilities Liquid ratio - - 1 1 -
Non-current Liabilities
Borrowings 2,111 2,590 2,961 3,533 478 Inventory turnover (days) 108 50 59 42 50
Other liabilities 131 108 128 131 69 Avg. collection period (days) 30 19 90 78 72
2,242 2,698 3,089 3,664 547
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 847 430 755 1,655 3,851 Net Profit Total Dividend
Payables & accruals 1,103 854 2,109 870 976 1500
Other liabilities - - - - -
900
1,950 1,284 2,864 2,525 4,827
Total liabilities 4,192 3,982 5,953 6,189 5,374 300
0
Equity -300
Share capital 2,540 2,540 2,540 2,540 2,540
-900
Retained earnings (4,091) (3,370) (2,106) (1,217) (3,336)
Others 2,319 1,598 356 5 2,253 -1500
2011 2012 2013 2014 2015
Net-worth 768 768 790 1,328 1,457

Industry 117
Dhofar Poultry Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Poultry Meat Production & Marketing
15000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 36, Expatriates: 193 - Total: 229 Omani 12000
GCC
Key Staff Arabs not GCC
Salim Bin musalm Al Mashani - CEO 9000
Foreigners

Main Shareholders (Holding 5% and more shares) 6000


Dhofar Cattle Feed Company (S.A.O.G) : 86.49%

3000
Omani GCC Arabs not GCC Foreigners Total
Nos 122 - - - 122
Value 7,200,000 - - - 7,200,000
0
% 100.0% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Salim Abdullah Al-Awadi : Chairman 2014 2015

Mr. Hafiz Bin Ahmed Abdullah Al-Zeeb : Vice Chariman 2.000

Dr. Ahmed Bin Suhail Al Hadhri : Member


1.500
Mr. Ahmed Bin Sulaiman Al-Gafri : Member
Mr. Ahmed Bin Ali Qatan : Member 1.000
Dr. Hassan Saeed Kashoob : Member
0.500

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - 68 - 61 70
Value of Trading (RO000) - 14 - 64 74
Other Information No of trades executed - 7 - 30 19
Established : 1993 Yearly High price (RO) 0.180 1.925 1.925 2.690 1.262
Auditors : Moore Stephens Yearly low price (RO) 0.180 0.178 1.925 0.780 0.820
Mohamed Al Barami Lawyer & Legal
Legal Advisor : Consultancy Office
Closing price (RO) 0.180 0.180 1.925 2.224 0.820
Price Earnings Ratio (Multiplier) 2.728 (9.474) 17.661 24.989 10.933
Market Capitalisation (RO000) 7,200 7,200 7,700 6,672 2,460

118 Food & Beverages


Dhofar Poultry Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 7,900 4,037 4,715 3,711 3,298 Cashflow from operating activities (384) (318) 103 612 303
Cost of Sales (5,970) (3,627) (3,358) (2,703) (2,566)
Cashflow from investing activities (698) (2,894) (1,817) (730) (173)
Gross Profit 1,931 410 1,357 1,008 732
Other income 26.6 18 16 15 18 Cashflow from financing activities 1,320 2,111 1,002 - (9)
Total Income 1,957 428 1,373 1,023 750 Net change in cash & cash equivalents 238 (1,101) (712) (118) 121
Operating expenses (1,657) (1,279) (885) (664) (508)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (36) 102 (58) (50) (16)
Net profit for the year 264 (749) 430 309 226 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% (19%) 9% 8% 7%
Total comprahensive income 264 (749) 430 309 226
Return on Equity % 7% (23%) 11% 12% 10%
Financial Position Earning per share (RO) 0.007 (0.019) 0.011 0.089 0.075
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 6,415 6,270 3,571 2,030 1,522 Stock dividend (RO000) - - - - -
Investments - - - - -
Stock dividend ratio % - - - - -
Other assets 3 39 - - -
6,418 6,309 3,571 2,030 1,522 Financial Position
Current assets
Authorised Capital (RO000) 10,000 10,000 5,000 5,000 5,000
Investments - - - - -
Receivables & prepayments 2,267 1,440 1,297 1,081 903 Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Inventories 2,809 1,796 798 403 358 Net assets / Book value per share (RO) 0.088 0.082 1.003 0.860 0.758
Cash & bank balances 9 7 132 334 333
Equity Ratio % 31% 34% 69% 67% 73%
Other assets - - - - -
5,085 3,243 2,227 1,818 1,594 Debt Ratio % 24% 41% 14% 8% 6%
Total assets 11,502 9,552 5,798 3,848 3,116 Current ratio 1 1 1 2 2
Liabilities Liquid ratio - - 1 1 2
Non-current Liabilities
Borrowings 2,657 1,674 - - - Inventory turnover (days) 172 181 87 54 51
Other liabilities 121 88 131 116 83 Avg. collection period (days) 105 130 100 106 100
2,778 1,762 131 116 83
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 2,329 2,229 816 305 187
Net Profit Total Dividend
Payables & accruals 2,868 2,297 838 846 573 800
Other liabilities - - - - -
5,197 4,526 1,654 1,151 760 400
Total liabilities 7,974 6,288 1,785 1,267 843
0
Equity
Share capital 4,000 4,000 4,000 3,000 3,000 -400
Retained earnings (808) (1,045) (297) (684) (930)
Others 335 309 310 265 203 -800
Net-worth 3,527 3,264 4,013 2,581 2,273 2011 2012 2013 2014 2015

Industry 119
Gulf Mushroom Products Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Cultivation & Marketing of Mushrooms
15000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 130, Expatriates: 237 - Total: 367 Omani 12000
GCC
Key Staff Arabs not GCC
Mr. Abdullah Nasser Al Hadhrami, CEO 9000
Foreigners
Mr. Deepak K Agarwal , CFO

6000
Main Shareholders (Holding 5% and more shares)
Muscat Overseas LCC : 41.32%
3000
Al Hosn Investment SOAG : 20.50% Omani GCC Arabs not GCC Foreigners Total
A.J. Khimji : 10.42% Nos 193 4 - 1 198
Qatar & Oman Investment Company : 6.95% Value 10,673,563 865,133 - 2,543 11,541,239
0
% 92.5% 7.5% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.450
Board of Directors
Khamis Mubarak Al Kiyumi : Chairman 0.425
Abdul Wahab Bin Nasser Al Mantheri : Vice Chariman
0.400
Musallam Salim Muslim Al Shukairy : Member
Omar Salim Al Shanfari : Member
0.375
Ali Mohammed Zaabanoot : Member
Mukhtar M. Hasan : Member 0.350
Faisal Amur Shuwain Al Hosni : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 53 11,616 2,850 2,902 803
Other Information Value of Trading (RO000) 22 5,044 1,279 1,357 352
Established : October' 1997 No of trades executed 4 153 188 435 403
Auditors : M/s . KPMG Yearly High price (RO) 0.426 0.450 0.520 0.520 0.538
M/s. Mohsin Al Hadad & Amur al Kiyumi Yearly low price (RO) 0.386 0.364 0.400 0.420 0.318
Legal Advisor : & Partners.
Closing price (RO) 0.386 0.426 0.430 0.520 0.478
Price Earnings Ratio (Multiplier) 36.700 35.500 18.696 14.444 9.560
Market Capitalisation (RO000) 11,541 11,579 9,740 10,707 8,948

120 Food & Beverages


Gulf Mushroom Products Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 6,192 6,139 5,902 5,768 5,039 Cashflow from operating activities 1,453 752 1,176 1,342 1,399
Cost of Sales (3,831) (3,987) (3,430) (2,774) (2,357)
Cashflow from investing activities (1,680) (1,054) (260) (537) (8)
Gross Profit 2,361 2,152 2,472 2,994 2,682
Other income (3) 23 51 43 27 Cashflow from financing activities (29) 124 (674) (984) (1,227)
Total Income 2,358 2,175 2,523 3,037 2,709 Net change in cash & cash equivalents (256) (178) 242 (179) 164
Operating expenses (2,007) (1,809) (1,977) (1,863) (1,777)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (37) (40) (35) (368) -
Net profit for the year 314 326 511 806 932 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 5% 5% 9% 14% 18%
Total comprahensive income 314 326 511 806 932
Return on Equity % 6% 6% 11% 17% 21%
Financial Position Earning per share (RO) 0.011 0.012 0.019 0.039 0.045
Statement of Financial Position Cash dividend (RO000) - - - 515 468
Assets
Non-current assets Cash dividend ratio % - - - 25% 25%
Tangible assets 7,414 6,187 5,226 5,508 5,371 Stock dividend (RO000) 448 272 453 206 187
Investments - - - - - Stock dividend ratio % 15% 10% 20% 10% 10%
Other assets - - - - -
7,414 6,187 5,226 5,508 5,371 Financial Position
Current assets Authorised Capital (RO000) 5,000 5,000 5,000 5,000 2,500
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 1,112 1,190 990 1,035 842
Inventories 646 646 651 856 656 Net assets / Book value per share (RO) 0.191 0.199 0.208 0.229 0.234
Cash & bank balances 36 291 469 227 469 Equity Ratio % 62% 65% 64% 62% 60%
Other assets - - - - -
1,794 2,127 2,110 2,118 1,967 Debt Ratio % 20% 14% 23% 21% 25%
Total assets 9,208 8,314 7,336 7,626 7,338 Current ratio 1 2 2 2 2
Liabilities Liquid ratio 1 1 1 1 2
Non-current Liabilities
Borrowings 1,246 569 1,095 1,123 1,398 Inventory turnover (days) 62 59 69 113 92
Other liabilities 559 1,310 553 756 709 Avg. collection period (days) 66 71 61 65 58
1,805 1,879 1,648 1,879 2,107
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 664 565 565 450 450 Net Profit Total Dividend
Payables & accruals 1,022 467 410 580 402 1200
Other liabilities - - - - -
1,686 1,032 975 1,030 852 900
Total liabilities 3,491 2,911 2,623 2,909 2,959
600
Equity
Share capital 2,990 2,718 2,265 2,059 1,872 300
Retained earnings 636 625 785 1,045 975
Others 2,091 2,060 1,663 1,613 1,532 0
2011 2012 2013 2014 2015
Net-worth 5,717 5,403 4,713 4,717 4,379

Industry 121
National Biscuit Industries Ltd S.A.O.G - and its subsidiary
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing of Biscuits and Snacks
10000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 117, Expatriates:294 - Total: 411 Omani 8000
GCC
Key Staff Arabs not GCC
Rahul Shinde : CEO 6000
Foreigners

Main Shareholders (Holding 5% and more shares) 4000


Amfis Holding Ltd : 55.24%
Oman International & Development investment S.A.O.G : 28.92%
2000
Mohammed Zubair Ali : 5.30% Omani GCC Arabs not GCC Foreigners Total
Nos 76 5 - - 81
Value 1,674,765 2,075,235 - - 3,750,000
0
% 45% 55% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Nooh Bin Mohammed Al Zidjaly : Chairman 2014 2015

Iqbal Usman : Vice Chariman 4.000

Janardhan N.Pillai : Member 3.800


Khalfan Ali Al Harthy : Member 3.600
Mohammed Azad Khan : Member
3.400
Sudhir Chavan : Member
Prerna Singh : Member 3.200
Anil Babbar : Member 3.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - 14 -
Other Information Value of Trading (RO000) - 1 - 52 -
Established : 1982 No of trades executed - 3 - 5 -
Auditors : Moore Stephens LLC Yearly High price (RO) 3.750 3.750 3.750 4.200 4.200
Legal Advisor : Rajab Al-Kathiri Yearly low price (RO) 3.750 3.500 3.750 3.749 4.200
Closing price (RO) 3.750 3.750 3.750 3.749 4.200
Price Earnings Ratio (Multiplier) 5.783 5.859 6.510 36.755 41.176
Market Capitalisation (RO000) 3,750 3,750 3,750 3,749 4,200

122 Food & Beverages


National Biscuit Industries Ltd S.A.O.G - and its subsidiary Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 10,927 11,353 11,305 11,554 11,960 Cashflow from operating activities 1,539 1,755 1,366 790 47
Cost of Sales (8,554) (8,999) (9,040) (9,379) (10,645)
Cashflow from investing activities (321) (106) (268) (394) (174)
Gross Profit 2,372 2,354 2,265 2,175 1,315
Other income 27 27 26 23 35 Cashflow from financing activities (150) (888) (894) (179) (63)
Total Income 2,400 2,381 2,291 2,198 1,350 Net change in cash & cash equivalents 1,069 761 204 217 (190)
Operating expenses (1,652) (1,660) (1,032) (1,618) (1,241)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (99) (81) (72) (59) (7)
Net profit for the year 648 640 576 521 102 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 6% 6% 5% 5% 1%
Total comprahensive income 648 640 2,291 521 102
Return on Equity % 15% 17% 18% 19% 5%
Financial Position Earning per share (RO) 0.648 0.640 0.576 0.521 0.102
Statement of Financial Position Cash dividend (RO000) 150 150 100 100 50
Assets
Non-current assets Cash dividend ratio % 15.0% 15% 10% 10% 5%
Tangible assets 2,527 2,573 2,823 2,901 3,104 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
2,527 2,573 2,823 2,901 3,104 Financial Position
Current assets Authorised Capital (RO000) 1,000 1,000 1,000 1,000 1,000
Investments - - - - -
Par value per share (RO) 1.000 1,000 1.000 1.000 1.000
Receivables & prepayments 1,922 2,435 3,103 2,726 2,491
Inventories 839 904 858 1,458 1,560 Net assets / Book value per share (RO) 4.224 3.726 3.187 2.725 2.254
Cash & bank balances 1,813 744 115 422 204 Equity Ratio % 60% 56% 46% 36% 31%
Other assets - - - - -
4,574 4,083 4,076 4,606 4,255 Debt Ratio % 5% 0% 13% 30% 35%
Total assets 7,101 6,656 6,899 7,507 7,359 Current ratio 2 2 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings - - 244 388 582 Inventory turnover (days) 36 37 32 57 53
Other liabilities 354 307 285 267 299 Avg. collection period (days) 64 78 100 86 76
354 307 529 655 881
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings - - 676 1,837 1,986 Net Profit Total Dividend
Payables & accruals 2,507 2,510 2,493 2,290 2,238 800
Other liabilities - 98 - - -
2,507 2,608 3,169 4,127 4,224 600
Total liabilities 2,861 2,915 3,698 4,782 5,105
400
Equity
Share capital 1,000 1,000 1,000 1,000 1,000 200
Retained earnings 2,857 2,359 1,820 1,345 875
Others 382 382 381 380 379 0
Net-worth 4,239 3,741 3,201 2,725 2,254 2011 2012 2013 2014 2015

Industry 123
National Mineral Water Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Bottling and Distribution of Mineral Water. Trading in Energy Drinks and Juices
14000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 64, Expatriates: 124 - Total: 188 Omani 11200
GCC
Key Staff Arabs not GCC
John Pugh: MD 8400
Foreigners

Main Shareholders (Holding 5% and more shares) 5600


Heirs of Late Sayyid Hamad Bin Hamoud Al Busaidi : 40.69%
M/s Sabco LLC : 15.92%
2800
Heirs of Late Sayyid Sami Bin Hamad Bin Hamoud Al
: 15.19% Omani GCC Arabs not GCC Foreigners Total
Busaidi Nos 172 1 - 1 174
Mustahil Ahmad Ali Mashaani : 6.31%
Value 1,646,865 179 - 141 1,647,185
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
H.E. Sheikh Aflah bin Hamad bin Salim Al Rawahy : Chairman 0.090
Sayyid Aymen bin Hamad bin Hamoud Al Busaidi : Vice Chariman
H.E. Sayyid Khalid bin Hamad bin Hamoud Al Busaidi : Member
Sayyid Nasr bin Badr bin Hamad Al Busaidi : Member
0.055
Mr. Raffy Kozadjian : Member
Mr. David Crickmore : Member
Mr. Yousuf Ahmed Alawi Al Ibrahim : Member
Engr. Masoud bin Mohammed bin Masoud Al Maashani : Member 0.020
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Saibal Sen : Member
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 515 981 1,260 2,752 5,125
Value of Trading (RO000) 34 50 49 148 333
Other Information No of trades executed 56 95 121 506 1,173
Established : 1979 Yearly High price (RO) 0.080 0.071 0.045 0.070 0.083
Auditors : Moore Stephens Yearly low price (RO) 0.050 0.035 0.035 0.036 0.043
Legal Advisor : Rajab Al Khatiri Closing price (RO) 0.061 0.060 0.038 0.036 0.045
Price Earnings Ratio (Multiplier) (2.239) (4.286) (0.864) (0.857) (0.682)
Market Capitalisation (RO000) 1,647 1,208 765 725 906

124 Food & Beverages


National Mineral Water Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 8,229 7,961 7,377 8,439 8,257 Cashflow from operating activities 124 187 (257) (626) (435)
Cost of Sales (5,651) (5,530) (5,623) (6,630) (6,960)
Cashflow from investing activities (151) (216) (392) (321) (582)
Gross Profit 2,578 2,431 1,754 1,809 1,297
Other income 113 67 70 48 47 Cashflow from financing activities (47) (105) 452 248 381
Total Income 2,691 2,498 1,824 1,857 1,344 Net change in cash & cash equivalents (74) (134) (197) (699) (636)
Operating expenses (3,427) (3,209) (3,085) (3,179) (3,196)
Other Gains/ (losses) - - - - (60) Key Financial indicators
Income Tax - - - 55 30
Net profit for the year (736) (711) (1,261) (1,267) (1,882) Profitability
Other comprehesnive income - - - - - Net Profit ratio % (9%) (9%) (17%) (15%) (23%)
Total comprahensive income (736) (711) (1,261) (1,267) (1,882)
Return on Equity % 29% 39% 52% 110% (1595%)
Financial Position Earning per share (RO) (0.011) (0.014) (0.044) (0.042) (0.066)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 1,358 1,585 1,990 1,994 2,025 Stock dividend (RO000) - - - - -
Investments - 350 - - - Stock dividend ratio % - - - - -
Other assets - - - - 2
1,358 1,935 1,990 1,994 2,027 Financial Position
Current assets Authorised Capital (RO000) 2,013 2,013 2,013 2,013 2,013
Investments 350 - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 1,843 2,046 1,996 2,255 1,842
Inventories 693 900 748 816 1,046 Net assets / Book value per share (RO) (0.023) (0.016) (0.066) (0.022) 0.020
Cash & bank balances 152 110 149 70 117 Equity Ratio % (29%) (19%) (24%) (11%) 1%
Other assets 4,359 4,764 5,166 5,581 5,995
7,397 7,820 8,059 8,722 9,000 Debt Ratio % 3% 95% 104% 90% 80%
Total assets 8,755 9,755 10,049 10,716 11,027 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 1 1 703 685 276 Inventory turnover (days) 45 59 49 45 55
Other liabilities 252 213 216 217 269 Avg. collection period (days) 82 94 99 98 81
253 214 919 902 545
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 9,299 9,230 9,698 8,988 6,988 Net Profit Total Dividend
Payables & accruals 1,768 2,140 1,841 1,974 1,867 2000
Other liabilities - - - - 1,509
11,067 11,370 11,539 10,962 10,364 1000
Total liabilities 11,320 11,584 12,458 11,864 10,909
0
Equity
Share capital 2,700 2,013 2,013 2,013 2,013 -1000
Retained earnings (4,053) (4,350) (4,043) (3,150) (2,305)
Others (1,212) 508 (379) (11) 410 -2000
2011 2012 2013 2014 2015
Net-worth (2,565) (1,829) (2,409) (1,148) 118

Industry 125
Oman Fisheries Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Fishing, purchasing, processing, manufacturing, marketing, packaging and freezing of
fishery activities.
25000 Assets Market Capitalisation Net-worth Equity

No of staff
Omani 20000
Omani: 142 , Expatriates: 350 - Total: 492
GCC
Arabs not GCC
Key Staff 15000
Said Rashid Said Al Rawahi : General Manager Foreigners

10000
Main Shareholders (Holding 5% and more shares)
The Ministry of Agriculture and Fisheries : 24%
5000
Omani GCC Arabs not GCC Foreigners Total
Nos 15,581 31 1 - 15,613
Value 6,482,081 17,731 187 - 6,500,000
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mohammed bin Hamad bin Ali al Masrouri : Chairman
0.120
Mr. Saleh bin Nasser bin Juma al Araimi : Vice Chariman
Sheikh Salah bin Hilal bin Naser al Mawali : Member 0.104
Mr. Abdul Ameer bin Said bin Mohammed : Member 0.088
Mr. Mal Allah Ali Yousuf Al Zadjali : Member
0.072
Dr. Khalid Mansoor Sabil Al Zadjali : Member
Mr. Qais bin Mahmood bin Abdalla al Khonji : Member 0.056
Mr. MusalamAmer Al Ammri : Member 0.040
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


Other Information No of Shares Traded (000) 10,555 55,940 91,118 101,909 71,145
Established : 12/8/1987 Value of Trading (RO000) 624 5,603 10,126 10,998 8,302
Auditors : Price Waterhouse Coopers LLP No of trades executed 1,519 2,807 5,091 7,241 7,104
Legal Advisor : Suliman Al Bosaiedi Associates Yearly High price (RO) 0.075 0.110 0.124 0.125 0.130
Yearly low price (RO) 0.042 0.055 0.098 0.089 0.086
Closing price (RO) 0.052 0.068 0.099 0.102 0.092
Price Earnings Ratio (Multiplier) 0.487 (11.930) 165.000 12.750 13.143
Market Capitalisation (RO000) 6,500 8,500 12,375 12,750 11,500

126 Food & Beverages


Oman Fisheries Co. S.A.O.G Fiscal Year - 31st March

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 23,895 18,998 26,154 26,312 17,641 Cashflow from operating activities (3,881) 303 (154) (183) 312
Cost of Sales (18,591) (13,438) (19,870) (20,454) (12,906)
Cashflow from investing activities (146) (1,026) 2,459 (1,609) 1,334
Gross Profit 5,304 5,560 6,284 5,858 4,735
Other income 647 796 156 256 120 Cashflow from financing activities 2,864 (259) (1,126) 1,269 -
Total Income 5,951 6,356 6,440 6,114 4,855 Net change in cash & cash equivalents (1,162) (982) 1,179 (523) 1,646
Operating expenses (7,708) (7,082) (6,509) (4,914) (3,868)
Other Gains/ (losses) 16 88 105 (78) (6) Key Financial indicators
Income Tax (13) (73) 34 (126) (109)
Net profit for the year (1,754) (711) 70 996 872 Profitability
Other comprehesnive income - - - - - Net Profit ratio % (7%) (4%) 0% 4% 5%
Total comprahensive income (1,754) (711) 70 996 872
Return on Equity % (13%) (5%) 0% 6% 5%
Financial Position Earning per share (RO) (0.014) (0.0057) 0.001 0.008 0.007
Statement of Financial Position Cash dividend (RO000) - - - 875 875
Assets Cash dividend ratio % - - - 7% 7%
Non-current assets
Tangible assets 8,951 8,288 5,804 3,503 1,040 Stock dividend (RO000) - - - - -
Investments - 968 1,100 1,101 1,103 Stock dividend ratio % - - - - -
Other assets 980 13 30 6 4,128
9,931 9,269 6,934 4,610 6,271 Financial Position
Current assets Authorised Capital (RO000) 12,500 12,500 12,500 12,500 12,500
Investments - 290 951 1,906 2,015
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 3,899 2,850 3,015 2,861 2,060
Inventories 5,137 2,824 2,851 2,617 1,767 Net assets / Book value per share (RO) 0.107 0.121 0.126 0.133 0.132
Cash & bank balances 734 3,147 5,279 8,200 5,488 Equity Ratio % 67% 82% 83% 82% 94%
Other assets 317 - - - -
10,086 9,111 12,096 15,584 11,330 Debt Ratio % 8% 10% 1% 11% 0%
Total assets 20,017 18,380 19,030 20,194 17,601 Current ratio 2 6 10 5 12
Liabilities Liquid ratio 1 4 8 4 10
Non-current Liabilities
Borrowings 1,400 1,600 - - - Inventory turnover (days) 101 77 52 47 50
Other liabilities 228 226 1,988 187 185 Avg. collection period (days) 60 55 42 40 43
1,628 1,826 1,988 187 185
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 3,355 200 200 2,163 - Net Profit Total Dividend
Payables & accruals 1,687 1,253 1,030 1,227 920 2000
Other liabilities - - - - -
5,042 1,453 1,230 3,390 920 1000
Total liabilities 6,670 3,279 3,218 3,577 1,105
0
Equity
Share capital 12,500 12,500 12,500 12,500 12,500 -1000
Retained earnings (2,428) (641) 81 893 871
-2000
Others 3,276 3,242 3,231 3,224 3,125 2011 2012 2013 2014 2015
Net-worth 13,348 15,101 15,812 16,617 16,496

Industry 127
Oman Flour Mills Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Packing and Grains milling
120000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 170, Expatriates: 136 - Total: 306 Omani 100000

GCC
Key Staff 80000
Arabs not GCC
Mohammad Ali Mohammad Said Al Habaj : CEO
Foreigners
60000

Main Shareholders (Holding 5% and more shares)


Sultante of Oman Goverment, represented by Minsitry of 40000
Finance
: 51.06%
Civil Services Employees Pension Fund : 12.463% Omani GCC Arabs not GCC Foreigners Total 20000
Nos 1,368 22 1 2 1,393
Value 66,895,342 184,706 14,441 511 67,095,000 0
2011 2012 2013 2014 2015
% 100% - - - 100%

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Mr.Khamis bin Abdullah bin Abdulrahman Al Farsi : Chairman 0.650
Mr. Salah Hilal Al Maawali : Chairman of Audit Committee
0.575
Mr. Kumail Majid Al Moosawi : Member
Mr. Murtadha Ahmed Sultan : Member 0.500
Mr. Saleem Pir Baksh Shahdad Al Raisi : Member
Mr. Salim Hamuda Al Saadi : Member 0.425
Mr. Akram bin Hassan bin Abdullah Al Murazza : Member
0.350
Eng. Sami bin Salem bin Abdullah Al Sahib : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Eng. Abdullah bin Hamoud bin Said Al Syabi : Member
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 2,960 2,274 9,373 7,813 15,784
Value of Trading (RO000) 1,457 1,403 5,514 3,659 7,588
Other Information
No of trades executed 313 250 1,126 775 1,683
Established : 27/03/1976 Yearly High price (RO) 0.584 0.644 0.660 0.505 0.642
Auditors : KPMG
Yearly low price (RO) 0.400 0.486 0.475 0.440 0.372
Legal Advisor : Khalifa Al Hinai
Closing price (RO) 0.426 0.586 0.620 0.480 0.478
Price Earnings Ratio (Multiplier) 0.842 13.153 15.897 10.000 14.485
Market Capitalisation (RO000) 67,095 92,295 97,650 75,600 75,285

128 Food & Beverages


Oman Flour Mills Co. S.A.O.G Fiscal Year - 30th June

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 82,027 79,223 70,515 60,817 52,334 Cashflow from operating activities 11,349 18,727 (7,177) 4,456 (163)
Cost of Sales (65,673) (64,999) (58,760) (48,793) (43,873)
Cashflow from investing activities (4,330) (1,707) (2,127) (4,387) (1,355)
Gross Profit 16,354 14,224 11,743 12,024 8,461
Other income - - - - - Cashflow from financing activities (2,293) (3,478) (3,722) 2,632 (1,046)
Total Income 16,354 14,224 11,743 12,024 8,461 Net change in cash & cash equivalents 4,726 13,542 (13,026) 2,701 (2,564)
Operating expenses (7,266) (6,735) (5,607) (3,837) (3,217)
Other Gains/ (losses) (49) 370 972 470 693 Key Financial indicators
Income Tax (1,072) (1,056) (952) (1,102) (694)
Net profit for the year 7,967 6,803 6,156 7,555 5,243 Profitability
Other comprehesnive income 235 214 - - - Net Profit ratio % 10% 9% 9% 12% 10%
Total comprahensive income 8,202 7,017 6,156 7,555 5,243
Return on Equity % 13% 12% 11% 14% 11%
Financial Position Earning per share (RO) 0.052 0.045 0.039 0.048 0.033
Statement of Financial Position Cash dividend (RO000) 3,938 3,938 3,938 3,938 3,938
Assets Cash dividend ratio % 25% 25% 25% 25% 25%
Non-current assets
Tangible assets 30,783 28,691 29,709 28,374 17,489 Stock dividend (RO000) - - - - -
Investments 1,995 1,682 1,384 1,224 1,078 Stock dividend ratio % - - - - -
Other assets 981 984 908 960 873
33,759 31,357 32,001 30,558 19,440 Financial Position
Current assets Authorised Capital (RO000) 15,750 15,750 15,750 15,750 15,750
Investments 3,491 3,471 2,709 3,218 8,487
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 19,019 16,845 23,016 16,428 10,889
Inventories 13,241 14,579 18,294 11,917 11,062 Net assets / Book value per share (RO) 0.389 0.362 0.342 0.329 0.306
Cash & bank balances 12,925 8,199 1,560 7,710 7,232 Equity Ratio % 75% 76% 70% 75% 85%
Other assets - - - - -
48,676 43,094 45,579 39,273 37,670 Debt Ratio % 16% 15% 22% 15% 6%
Total assets 82,435 74,451 77,580 69,831 57,110 Current ratio 6 8 3 5 9
Liabilities Liquid ratio 5 5 2 4 6
Non-current Liabilities
Borrowings 11,386 10,365 8,375 9,029 3,232 Inventory turnover (days) 74 82 114 89 92
Other liabilities 1,430 1,301 1,185 1,037 1,035 Avg. collection period (days) 85 80 119 99 76
12,816 11,666 9,560 10,066 4,267
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 1,192 568 9,001 1,255 455 Net Profit Total Dividend
Payables & accruals 6,525 4,139 3,699 5,302 3,191 8000
Other liabilities - 1,068 961 1,067 673
7,717 5,775 13,661 7,624 4,319 6000
Total liabilities 20,533 17,441 23,221 17,690 8,586
4000
Equity
Share capital 15,750 15,750 15,750 15,750 15,750 2000
Retained earnings 37,398 33,191 30,158 28,068 20,807
Others 8,754 8,069 8,451 8,323 11,967 0
2011 2012 2013 2014 2015
Net-worth 61,902 57,010 54,359 52,141 48,524

Industry 129
Oman Refreshment Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Filling and distribution of soft drinks, Aquafina Water and trading in consumer packaged
goods and related products
150000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 394, Expatriates: 547 - Total: 941 Omani 125000

GCC
100000
Key Staff Arabs not GCC
Youssef Ezzikhe, GM
Foreigners
S V Siva Reddy, CFO 75000

Main Shareholders (Holding 5% and more shares) 50000

Mohamed & Obaid Al Mulla LLC : 16.79%


Dubai Refreshments PSC : 14.22% Omani GCC Arabs not GCC Foreigners Total 25000
Mohamed Omeir Al Hinai : 5.97% Nos 349 33 - - 382
Value 37,892,811 73,107,189 - - 111,000,000 0
2011 2012 2013 2014 2015
% 34% 66% - - 100%

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Buti Obaid Al Mulla : Chairman 2.850
Ahmed Mohamed Bin Omeir Al Hinai : Vice Chariman
Hamoud Ahmed Mohamed Al Hinai : Executive Director
Mana Mohamed Al Mulla : Non Executive Director 2.525
Mohamed Abdullah Moosa Al Raisi : Non Executive Director
Ali Humaid Al Owais : Non Executive Director
Mohamed Abdul Aziz Al Owais : Non Executive Director 2.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 486 659 1,084 2,120 751
Value of Trading (RO000) 1,200 1,615 2,526 3,897 1,395
No of trades executed 53 128 180 351 491
Other Information
Yearly High price (RO) 2.520 2.800 3.050 2.400 1.193
Established : 1977
Yearly low price (RO) 2.220 2.400 2.100 1.400 0.660
Auditors : Ernst & Young
Closing price (RO) 2.220 2.450 2.600 2.250 1.450
Legal Advisor : Rajab Al Kathiri & Associates
Price Earnings Ratio (Multiplier) 11.562 12.189 12.560 11.250 10.284
Market Capitalisation (RO000) 111,000 122,500 130,000 112,500 72,500

130 Food & Beverages


Oman Refreshment Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 77,064 72,862 69,013 66,705 56,037 Cashflow from operating activities 11,536 10,298 9,955 12,479 7,549
Cost of Sales (45,529) (43,502) (41,785) (41,476) (36,319)
Cashflow from investing activities (3,796) (11,914) (6,418) (13,049) (4,327)
Gross Profit 31,534 29,360 27,228 25,229 19,718
Other income 710 617 455 263 119 Cashflow from financing activities (6,548) 2,380 (4,077) (1,008) (3,000)
Total Income 32,245 29,977 27,683 25,492 19,837 Net change in cash & cash equivalents 1,193 764 (540) (1,578) 222
Operating expenses (21,335) (18,554) (15,909) (14,124) (11,819)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (1,309) (1,367) (1,417) (1,352) (973)
Net profit for the year 9,600 10,056 10,357 10,016 7,045 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 12% 14% 15% 15% 13%
Total comprahensive income 9,600 10,056 10,357 10,016 7,045
Return on Equity % 25% 29% 35% 41% 40%
Financial Position Earning per share (RO) 0.192 0.201 0.207 0.200 0.141
Statement of Financial Position Cash dividend (RO000) 5,000 5,000 5,000 5,000 3,500
Assets
Non-current assets Cash dividend ratio % 100.0% 100% 100% 100% 70%
Tangible assets 20,444 20,442 11,042 10,004 7,274 Stock dividend (RO000) - - - - -
Investments 5,500 7,015 5,015 3,515 - Stock dividend ratio % - - - - -
Other assets 52 248 185 18 232
25,997 27,705 16,242 13,537 7,506 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 5,000 5,000 5,000
Investments 1,033 - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 8,525 7,035 5,355 4,247 4,296
Inventories 5,096 6,200 6,484 6,237 5,532 Net assets / Book value per share (RO) 0.783 0.691 0.590 0.483 0.352
Cash & bank balances 17,281 13,362 14,115 12,638 8,717 Equity Ratio % 68% 64% 70% 66% 68%
Other assets 1,033 - - - -
31,935 26,597 25,954 23,122 18,545 Debt Ratio % 12% 20% 8% 7% -
Total assets 57,932 54,302 42,196 36,659 26,051 Current ratio 3 2 3 2 2
Liabilities Liquid ratio 2 2 2 2 2
Non-current Liabilities
Borrowings 5,410 6,701 1,915 1,659 - Inventory turnover (days) 41 52 57 55 56
Other liabilities 1,465 1,118 1,012 884 891 Avg. collection period (days) 40 35 28 23 28
6,875 7,819 2,927 2,543 891
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 3,838 4,094 1,501 833 - Net Profit Total Dividend
Payables & accruals 8,069 7,838 8,273 9,145 7,538 12000
Other liabilities - - - - -
11,907 11,932 9,774 9,978 7,538 9000
Total liabilities 18,782 19,751 12,701 12,521 8,429
6000
Equity
Share capital 5,000 5,000 5,000 5,000 5,000 3000
Retained earnings 29,984 25,384 20,328 14,971 9,679
Others 4,167 4,167 4,167 4,167 2,943 0
2011 2012 2013 2014 2015
Net-worth 39,151 34,551 29,495 24,138 17,622

Industry 131
Omani Euro Food Industries Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing

6000 Assets Market Capitalisation Net-worth Equity


No of staff
Omani: 24, Expatriates: 27 - Total: 51 Omani 5000

GCC
Key Staff 4000
Arabs not GCC
Hussain Mohammed Hassan Al Lawati General Manager
Foreigners
3000
Main Shareholders (Holding 5% and more shares)
Oman & Emirates Investment Holding Company S.A.O.G : 80.84% 2000
Arab Authority for Agricultural Investment & development : 17.20%
Omani GCC Arabs not GCC Foreigners Total 1000
Nos 296 9 3 1 309
Value 1,653,205 1,049 343,967 1,779 2,000,000
0
% 82.7% 0.1% 17.2% 0.1% 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr.Omar Salem Al Dhahab : Chairman 2014 2015
Dr. Mohammad Ali Jaffer Suleiman : Vice Chariman 1.200
Mr.Mohammad Ali Al Naki : Member
1.100
Dr. Sultan Salim Hamed Allah Al Debei : Member
Mr. Yousef H.M.Al Roumi : Member 1.000
Mr. A.V.Manohar : Member
0.900
Dr. Yousef Abdullah Al Qaseer : Member

0.800
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - 1 - 1
Value of Trading (RO000) - - 1 - -
Other Information
No of trades executed - - 1 1 3
Established : 1997
Yearly High price (RO) 1.000 1.000 1.000 1.000 0.200
Auditors : Talal Abu Ghazaleh & Company
Yearly low price (RO) 1.000 1.000 0.100 0.070 0.100
Legal Advisor : M/s. Mohsin Al Hadah & Amur Kiyumi & Partners
Closing price (RO) 1.000 1.000 1.000 1.000 0.200
Price Earnings Ratio (Multiplier) (7.785) (10.204) (16.393) (8.403) (2.740)
Market Capitalisation (RO000) 2,000 2,000 2,000 2,000 1,020

132 Food & Beverages


Omani Euro Food Industries Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 1,862 1,805 2,029 1,842 1,776 Cashflow from operating activities (4) (26) 194 10 (126)
Cost of Sales (1,723) (1,666) (1,756) (1,785) (1,784)
Cashflow from investing activities (12) (12) (27) (34) (42)
Gross Profit 139 139 273 57 (8)
Other income 6 42 8 33 16 Cashflow from financing activities (31) (80) 42 50 201
Total Income 145 181 281 90 8 Net change in cash & cash equivalents (47) (118) 209 26 33
Operating expenses (402) (377) (403) (420) (382)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - - - - -
Net profit for the year (257) (196) (122) (330) (374) Profitability
Other comprehesnive income - - - - - Net Profit ratio % (14%) (11%) (6%) (18%) (21%)
Total comprahensive income (257) (196) (122) (330) (374)
Return on Equity % (77%) (33%) (15%) (36%) (32%)
Financial Position Earning per share (RO) (0.128) (0.098) (0.061) (0.119) (0.135)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 2,969 3,332 3,696 4,044 4,380 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
2,969 3,332 3,696 4,044 4,380 Financial Position
Current assets Authorised Capital (RO000) 5,100 2,000 5,100 5,100 5,100
Investments - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 512 362 373 286 365
Inventories 600 613 497 457 440 Net assets / Book value per share (RO) 0.167 0.296 0.394 0.455 0.232
Cash & bank balances 257 304 423 215 160 Equity Ratio % 8% 13% 16% 18% 22%
Other assets - - - - -
1,369 1,279 1,293 958 965 Debt Ratio % 66% 67% 60% 57% 51%
Total assets 4,338 4,611 4,989 5,002 5,345 Current ratio 1 2 3 2 2
Liabilities Liquid ratio 1 1 2 1 1
Non-current Liabilities
Borrowings 2,812 2,824 2,855 2,612 2,617 Inventory turnover (days) 127 134 103 93 90
Other liabilities 44 683 840 923 1,059 Avg. collection period (days) 100 73 67 57 75
2,856 3,507 3,695 3,535 3,676
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 883 258 140 249 85 Net Profit Total Dividend
Payables & accruals 264 254 366 309 401 500
Other liabilities - - - - -
1,147 512 506 558 486 250
Total liabilities 4,003 4,019 4,201 4,093 4,162
0
Equity
Share capital 2,000 2,000 2,000 2,000 5,100 -250
Retained earnings (1,665) (1,408) (1,212) (1,091) (4,740)
Others - - - - 823 -500
2011 2012 2013 2014 2015
Net-worth 335 592 788 909 1,183

Industry 133
Salalah Mills Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Milling of wheat and selling wheat flour, bran and feed flour.
85000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 163, Expatriates: 144 - Total: 307 Omani 68000
GCC
Key Staff Arabs not GCC
Ahmed Alawi Al Dhahab : CEO 51000
Foreigners

34000
Main Shareholders (Holding 5% and more shares)
Rawas Company for Development and Investment LLC : 17.96%
Retired civil servants Fund : 14.99% 17000
Omani GCC Arabs not GCC Foreigners Total
Dhofar Cattle Feed Co : 12.99% Nos 2,346 65 - - 2,411
Oman Investment Fund : 12.49% Value 71,702,273 60,692 - - 71,762,965
0
HSBC A/C MINSISTRY OF DEFENCE PENSION FUND : 5.73% % 99.9% 0.1% - - 100% 2011 2012 2013 2014 2015
Rawas Holding Company LLC : 5.62%
Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors 1.580
Sheikh Ahmed Abdullah Said Al Rawas : Chairman
1.535
Sheikh/ Bakhit Said Salim Al Shanfari : Vice Chariman
H.E. Salim Abdullah Burham Ba Omar : Director 1.490
H.E. Ahmed Abdullah Sulaiman Muqaibil : Director
Sheikh/ Musallam Ali Mohammed Al Mashani : Director 1.445
Sheikh/ / Yasser Abdullah Said Al Rawas : Director
1.400
Eng. Abdulrahman Awad Abdullah Barham : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dr. Hassan Saeed Mohad Kashoob : Director
Mr. Hassan Ali Tahar Muqaibil : Director Trading Information 2015 2014 2013 2012 2011
Sheikh /Faisal Abdullah Said Al Rawas : Director No of Shares Traded (000) 717 10,475 7,034 3,876 9,190
Value of Trading (RO000) 1,069 15,576 9,254 3,355 8,075
No of trades executed 101 349 572 413 815
Other Information
Yearly High price (RO) 1.510 1.575 1.460 1.050 1.055
Established : 1995
Yearly low price (RO) 1.400 1.370 1.000 0.805 0.650
Auditors : Price Water House Coopers
Closing price (RO) 1.490 1.490 1.460 1.022 0.982
Legal Advisor : Ahmed Awadh Al Shanfari Law Office
Price Earnings Ratio (Multiplier) 13.692 13.796 15.699 10.119 12.921
Market Capitalisation (RO000) 71,763 71,763 70,318 49,223 47,296

134 Food & Beverages


Salalah Mills Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 68,343 67,605 59,912 52,639 40,129 Cashflow from operating activities (11,260) 11,496 516 (4,444) 5,621
Cost of Sales (58,926) (58,176) (51,147) (44,357) (34,122)
Cashflow from investing activities (1,062) (5,479) (4,538) (1,672) (10,815)
Gross Profit 9,417 9,429 8,765 8,282 6,007
Other income 146 539 (82) 413 330 Cashflow from financing activities 7,939 1,941 3,718 3,894 5,572
Total Income 9,563 9,968 8,683 8,695 6,337 Net change in cash & cash equivalents (4,383) 7,958 (304) (2,222) 378
Operating expenses (3,679) (3,631) (3,227) (2,659) (2,005)
Other Gains/ (losses) 34 22 56 (16) (34) Key Financial indicators
Income Tax (677) (797) (574) (695) (611)
Net profit for the year 5,241 5,562 4,938 5,325 3,687 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 8% 8% 8% 10% 9%
Total comprahensive income 5,241 5,562 4,938 5,325 3,687
Return on Equity % 18% 20% 20% 23% 19%
Financial Position Earning per share (RO) 0.107 0.108 0.093 0.101 0.076
Statement of Financial Position Cash dividend (RO000) 3,131 3,131 2,890 2,408 1,927
Assets
Non-current assets Cash dividend ratio % 65.0% 65% 60% 50% 40%
Tangible assets 29,774 31,113 29,460 27,678 27,917 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
29,774 31,113 29,460 27,678 27,917 Financial Position
Current assets Authorised Capital (RO000) 4,816 4,816 4,816 4,816 4,816
Investments 376 341 319 263 279
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 16,064 15,213 10,177 8,259 5,633
Inventories 18,525 20,054 17,266 21,256 10,280 Net assets / Book value per share (RO) 0.559 0.517 0.469 0.426 0.365
Cash & bank balances 5,626 10,009 2,052 2,356 4,579 Equity Ratio % 42% 36% 43% 38% 40%
Other assets - - - - -
40,591 45,618 29,814 32,134 20,771 Debt Ratio % 2% 36% 46% 37% 33%
Total assets 70,365 76,731 59,274 59,812 48,688 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 - - 1
Non-current Liabilities
Borrowings 269 2,667 6,138 6,177 10,583 Inventory turnover (days) 115 126 123 175 110
Other liabilities 1,399 1,307 1,153 935 824 Avg. collection period (days) 86 82 62 57 51
1,668 3,974 7,291 7,112 11,407
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 33,043 22,676 21,000 15,778 5,292 Net Profit Total Dividend
Payables & accruals 5,964 22,312 5,698 14,041 12,444 6000
Other liabilities - - - - - 5000
39,007 44,988 26,698 29,819 17,736
4000
Total liabilities 40,675 48,962 33,989 36,931 29,143
3000
Equity
2000
Share capital 4,816 4,816 4,816 4,816 4,816
Retained earnings 15,772 13,755 11,941 10,015 7,659 1000
Others 9,102 9,198 8,528 8,050 7,070 0
2011 2012 2013 2014 2015
Net-worth 29,690 27,769 25,285 22,881 19,545

Industry 135
Sohar Poultry Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Production, sales, and marketing of poultry products, fresh and frozen
10000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 60, Expatriates: 140 - Total: 200 Omani 8000
GCC
Key Staff Arabs not GCC
Mr. Shameel Ahmed - Acting Gereneral Manager 6000
Foreigners

Main Shareholders (Holding 5% and more shares) 4000


Atyab IFFCO Poultry LLC : 94.37%

2000
Omani GCC Arabs not GCC Foreigners Total
Nos 154 1 - - 155
Value 615,316 2,684 - - 618,000
0
% 99.6% 0.4% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Ali Said Habaj : Chairman 2014 2015

Mr. Iqbal Usman : Vice Chairman 0.500

Mr. Arun Agarwala : Director


0.375
Mr. Ajay Rampal : Director
Mr. Salim Khairulla : Director 0.250
Mr. Satish Sidana : Director
0.125

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - - 0.1
Value of Trading (RO000) - - - - 0.03
Other Information No of trades executed - - - - 1
Established : 1983 Yearly High price (RO) 0.206 0.206 0.206 0.206 0.206
Auditors : Moore Stephens Yearly low price (RO) 0.206 0.206 0.206 0.206 0.206
Legal Advisor : Suhail Zabnoot Advocates & Legal Consultants.
Closing price (RO) 0.206 0.206 0.206 0.206 0.206
Price Earnings Ratio (Multiplier) 0.930 0.976 1.731 2.102 1.746
Market Capitalisation (RO000) 618 618 618 618 618

136 Food & Beverages


Sohar Poultry Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 7,860 7,770 6,909 6,221 8,273 Cashflow from operating activities 1,140 855 1,175 715 1,049
Cost of Sales (3,893) (3,966) (4,042) (3,394) (4,506)
Cashflow from investing activities (49) (81) (52) (106) (313)
Gross Profit 3,967 3,804 2,867 2,827 3,767
Other income 283 299 569 449 621 Cashflow from financing activities (940) (385) (518) (70) (108)
Total Income 4,251 4,103 3,436 3,276 4,388 Net change in cash & cash equivalents 151 389 605 539 628
Operating expenses (3,499) (3,421) (3,035) (2,982) (4,034)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (87) (49) (44) - -
Net profit for the year 665 633 357 294 354 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 8% 8% 5% 5% 4%
Total comprahensive income 665 633 357 294 354
Return on Equity % 20% 24% 17% 17% 25%
Financial Position Earning per share (RO) 0.222 0.211 (0.119) 0.098 0.118
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 4,121 4,635 5,147 5,711 6,228 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
4,121 4,635 5,147 5,711 6,228 Financial Position
Current assets Authorised Capital (RO000) 6,000 6,000 6,000 6,000 6,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 1,658 1,682 1,123 1,182 1,088
Inventories 368 272 269 238 168 Net assets / Book value per share (RO) 1.115 0.894 0.682 0.564 0.466
Cash & bank balances 836 685 296 220 149 Equity Ratio % 46% 35% 29% 22% 18%
Other assets 259 291 242 264 327
3,121 2,930 1,930 1,904 1,732 Debt Ratio % 27% 43% 50% 60% 70%
Total assets 7,242 7,565 7,077 7,615 7,960 Current ratio 2 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 1,513 2,303 2,824 3,106 4,544 Inventory turnover (days) 34 25 24 26 14
Other liabilities 469 611 659 594 60 Avg. collection period (days) 77 79 59 69 48
1,982 2,914 3,483 3,700 4,604
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 940 940 685 1,447 1,067 Net Profit Total Dividend
Payables & accruals 975 1,030 862 777 892 800
Other liabilities - - - - -
1,915 1,970 1,547 2,224 1,959 600
Total liabilities 3,897 4,884 5,030 5,924 6,563
400
Equity
Share capital 3,000 3,000 3,000 3,000 3,000 200
Retained earnings 112 (485) (1,056) (1,376) (1,641)
Others 233 166 103 67 38 0
Net-worth 3,345 2,681 2,047 1,691 1,397 2011 2012 2013 2014 2015

Industry 137
Sweets of Oman S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing of sugar confectionery Product.
12000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 112, Expatriates:226 - Total: 338 Omani 10000

GCC
Key Staff 8000
Arabs not GCC
S.Balakrishna, General Manager.
Foreigners
6000

Main Shareholders (Holding 5% and more shares)


Mr. Mohammed Abdul Hussain Baqir : 11% 4000
Mr. Redha Baqir : 10%
Al-Mekyal Import & Export : 10% Omani GCC Arabs not GCC Foreigners Total 2000
HSBC A/C Mellon A/C Frontaura Global Frontier Fund LLC : 9.9% Nos 410 3 - - 413
Mr. Mohammed Zubair Ali : 9.1% Value 9,344,396 35,604 - - 9,380,000
0
Muscat Trading Company LLC : 8.4% % 100% - - - 100% 2011 2012 2013 2014 2015

Muscat Commercial Agencies LLC : 8.4%


Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors 1.400

Mr. Redha Baqir Al Lawati : Chairman


1.275
Mr. N.Janardhan : Vice Chariman
Mr.Mohd.A.H.Baqir Al Lawati : Director 1.150
Mr. S.K. Rao : Director
1.025
Talal Al Zubair Muhammad Al Zubair : Director
0.900
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


Other Information No of Shares Traded (000) 37 918 375 350 1,038
Established : 1988 Value of Trading (RO000) 49 1,059 350 255 674
Auditors : Moore Stephens. No of trades executed 3 271 185 202 156
Legal Advisor : Rajab Al _ Khathiri & Associates. Yearly High price (RO) 1.345 1.350 1.000 0.950 0.890
Yearly low price (RO) 1.210 0.900 0.850 0.611 0.604
Closing price (RO) 1.340 1.345 0.940 0.902 0.708
Price Earnings Ratio (Multiplier) 1.333 10.426 6.912 6.938 6.679
Market Capitalisation (RO000) 9,380 9,415 6,580 6,314 4,956

138 Food & Beverages


Sweets of Oman S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 12,001 12,506 11,640 11,030 10,159 Cashflow from operating activities 2,136 389 1,729 70 323
Cost of Sales (8,527) (9,096) (8,367) (8,183) (7,779)
Cashflow from investing activities (230) (491) (585) (478) (387)
Gross Profit 3,474 3,410 3,273 2,847 2,380
Other income 62 66 74 62 43 Cashflow from financing activities (590) (421) (330) (489) 131
Total Income 3,536 3,476 3,347 2,909 2,423 Net change in cash & cash equivalents 1,316 (523) 814 (897) 67
Operating expenses (2,741) (2,456) (2,271) (1,879) (1,587)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (92) (119) (122) (120) (97)
Net profit for the year 704 901 954 910 739 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 6% 7% 8% 8% 7%
Total comprahensive income 704 901 954 910 739
Return on Equity % 16% 22% 26% 30% 30%
Financial Position Earning per share (RO) 0.101 0.129 0.136 0.130 0.106
Statement of Financial Position Cash dividend (RO000) 350 350 350 350 315
Assets
Non-current assets Cash dividend ratio % 50.0% 50% 50% 50% 45%
Tangible assets 1,477 1,584 1,442 1,198 1,035 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets 74 67 47 34 22
1,550 1,651 1,489 1,232 1,057 Financial Position
Current assets Authorised Capital (RO000) 2,000 2,000 2,000 2,000 2,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 3,121 3,177 3,268 2,945 2,614
Inventories 2,222 3,076 2,886 2,593 2,759 Net assets / Book value per share (RO) 0.649 0.598 0.519 0.433 0.348
Cash & bank balances 477 345 544 36 332 Equity Ratio % 62% 51% 44% 45% 36%
Other assets - - - - -
5,819 6,598 6,698 5,574 5,705 Debt Ratio % 4% 21% 18% 25% 19%
Total assets 7,370 8,249 8,187 6,806 6,762 Current ratio 2 2 2 2 2
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 7 36 124 232 382 Inventory turnover (days) 95 123 126 116 129
Other liabilities 369 315 260 211 174 Avg. collection period (days) 95 93 102 97 94
377 351 384 443 556
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 267 1,662 1,321 1,499 924 Net Profit Total Dividend
Payables & accruals 2,186 2,049 2,846 1,832 2,846 1000
Other liabilities - - - - -
800
2,452 3,711 4,167 3,331 3,770
Total liabilities 2,829 4,062 4,551 3,774 4,326 600
Equity 400
Share capital 700 700 700 700 700
200
Retained earnings 3,607 3,254 2,703 1,748 1,188
Others 233 233 233 584 548 0
2011 2012 2013 2014 2015
Net-worth 4,540 4,187 3,636 3,032 2,436

Industry 139
Oman Cement Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Clinker and cement manufacturing.
320000 Assets Market Capitalisation Net-worth Equity
No of staff
280000
Omani: 453, Expatriates: 185 - Total: 638 Omani
240000
GCC
Key Staff Arabs not GCC 200000
Jamal bin Shamis Al Hooti : CEO
Foreigners
160000

Main Shareholders (Holding 5% and more shares) 120000


Ministry of Finance : 50.99%
Civil Services Pension Fund : 8.898% 80000

Public Authority for Social Insurance - PASI : 5.863% Omani GCC Arabs not GCC Foreigners Total
40000
Ministry of Defence Pension Fund : : 5.714% Nos 3,116 25 - 4 3,145
Value 151,981,687 183,741 - 36,018 152,201,447 0
2011 2012 2013 2014 2015
% 99.9% 0.1% - - 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Dr. Abdullah Abbas Ahmed : Chairman of the Board 2014 2015

Mr. Kumail Bin Majid Al Moosawi : Vice Chairman 0.900

Mr. Mubarak Sulieman Al Manthari : Member


0.775
Mr. Ahmed Harith Al Busaidi : Member
Mr. Hamad Mohamed Saleh Al Wahaibi : Member 0.650
Mr. Hussain Al Al Raisi : Member
0.525
Dr. Ali Salim Al Rajhi : Member
0.400
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 23,078 30,296 54,405 42,560 20,488
Value of Trading (RO000) 11,466 22,382 39,900 24,871 11,752
Other Information No of trades executed 986 2,369 5,097 5,349 3,958
Established : Jan 29, 1978 Yearly High price (RO) 0.552 0.876 0.830 0.700 0.650
Auditors : Pricewaterhouse Coopers Yearly low price (RO) 0.430 0.430 0.630 0.413 0.415
Legal Advisor : Al-Busaidi, Mansoor Jamal & Company
Closing price (RO) 0.460 0.518 0.824 0.645 0.432
Price Earnings Ratio (Multiplier) 13.005 12.950 17.167 12.170 11.077
Market Capitalisation (RO000) 152,201 171,392 272,639 213,411 142,936

140 Cement
Oman Cement Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 52,182 51,344 52,423 56,658 47,913 Cashflow from operating activities 13,625 16,427 21,880 22,183 8,367
Cost of Sales (35,654) (35,100) (34,482) (35,810) (31,103)
Cashflow from investing activities (13,217) (6,028) (8,590) (16,690) 3,044
Gross Profit 16,528 16,244 17,941 20,848 16,810
Other income 1,015 117 1,345 1,117 1,256 Cashflow from financing activities (3,085) (8,689) (10,849) (5,880) (11,608)
Total Income 17,542 16,361 19,286 21,965 18,066 Net change in cash & cash equivalents (2,677) 1,710 2,441 (387) (197)
Operating expenses (4,223) (3,785) (4,028) (3,757) (3,715)
Other Gains/ (losses) (172) 2,366 2,589 1,484 167 Key Financial indicators
Income Tax (1,443) (1,794) (1,827) (2,181) (1,719)
Net profit for the year 11,703 13,148 16,020 17,511 12,799 Profitability
Other comprehesnive income (1,287) (3,479) 1,164 2,031 (689) Net Profit ratio % 22% 26% 31% 31% 27%
Total comprahensive income 10,416 9,670 17,184 19,542 12,110
Return on Equity % 7% 8% 10% 11% 9%
Financial Position Earning per share (RO) 0.035 0.040 0.048 0.053 0.039
Statement of Financial Position Cash dividend (RO000) 9,926 9,926 11,581 11,581 9,926
Assets
Non-current assets Cash dividend ratio % 30% 30% 35% 35% 30%
Tangible assets 117,617 110,613 107,939 107,089 107,841 Stock dividend (RO000) - - - - -
Investments 45,034 16,028 16,054 15,011 12,673 Stock dividend ratio % - - - - -
Other assets - 18,129 21,767 25,871 11,790
162,651 144,770 145,760 147,971 132,304 Financial Position
Current assets Authorised Capital (RO000) 36,000 36,000 36,000 36,000 36,000
Investments 6,883 7,325 6,539 5,981 5,430
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 10,610 7,834 8,119 9,734 8,948
Inventories 17,715 12,146 15,314 13,783 12,649 Net assets / Book value per share (RO) 0.484 0.483 0.494 0.448 0.448
Cash & bank balances - 19,081 17,031 7,591 14,978 Equity Ratio % 81% 84% 85% 85% 85%
Other assets - - - - -
35,207 46,386 47,003 37,089 42,005 Debt Ratio % 15% 10% 7% 7% 5%
Total assets 197,859 191,156 192,763 185,060 174,309 Current ratio 3 4 3 3 3
Liabilities Liquid ratio 0.5 3 2 2 2
Non-current Liabilities
Borrowings 18,126 12,494 9,304 9,751 6,400 Inventory turnover (days) 181 126 162 140 148
Other liabilities 6,573.79 6,219 5,819 5,576 5,051 Avg. collection period (days) 74 56 57 63 68
24,700 18,713 15,123 15,327 11,451
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 4,384 3,174 3,474 2,295 1,600 Net Profit Total Dividend
Payables & accruals 7,234 9,504 10,559 9,434 12,871 20000
Other liabilities 1,286 - - - -
16000
12,905 12,678 14,033 11,729 14,471
Total liabilities 37,605 31,391 29,156 27,056 25,922 12000
Equity 8000
Share capital 33,087 33,087 33,087 33,087 33,087
4000
Retained earnings 87,009 85,232 85,595 81,156 73,570
Others 40,159 41,446 44,925 43,761 41,730 0
2011 2012 2013 2014 2015
Net-worth 160,254 159,765 163,607 158,004 148,387

Industry 141
Raysut Cement Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Production and sale of cement.

440000 Assets Market Capitalisation Net-worth Equity


No of staff 400000
Omani: 172, Expatriates: 208 - Total: 380 Omani 360000

GCC 320000
Key Staff 280000
Arabs not GCC
Eng. Salem Alawi Mohamed Baaboud : Acting Group CEO
Foreigners 240000
200000
Main Shareholders (Holding 5% and more shares)
160000
Abu Dhabi Fund for Development : 15%
120000
Islamic Development Bank : 11.71%
Dolphin International : 10.33% Omani GCC Arabs not GCC Foreigners Total 80000

Baader Bank Aktiengesellschaft - Clients : 10.00% Nos 1,192 25 - 3 1,220 40000

Abdullah bin Abdul Aziz bin Saleh Al Rajhi - Oman Arab Value 125,622,008 54,366,841 - 20,011,151 200,000,000 0
: 8.72% 2011 2012 2013 2014 2015
bank % 63% 27% - 10% 100%
Ministry of Defence Pension Fund : 6.93%
Sinbad International Trading LLC : 5.94% Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors 2.250

Mr. Ahmed bin Yousuf bin Alawi Al Ibrahim : Chairman


Mr. Shihab bin Yousuf bin Alawi Al Ibrahim : Vice Chariman
Mr. Mohd Saif Ghanim Al Suwaidi : Director 1.625
Mr.Khalid bin Mohd Hassan Habib : Director
Mr. Fahad bin Abdulla Abdul Aziz Al Rajihi : Director
Sh.Qais bin Mustahil bin Ahmed Al Mashani : Director 1.000
Mr.Hussain bin Abdullah bin Ahmed Al Haddad : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Abdullah bin Ali bin Salim Al Sulimi : Director
Trading Information 2015 2014 2013 2012 2011
Mr. Gerhard Hugo Hirth : Director
No of Shares Traded (000) 5,727 18,775 22,365 26,193 9,528
Value of Trading (RO000) 8,603 38,350 40,593 29,969 10,079
Other Information No of trades executed 984 2,769 3,659 4,570 2,804
Established : 15/03/1981 Yearly High price (RO) 1.985 2.280 2.097 1.440 1.250
Auditors : Pricewaterhouse Coopers LLP Yearly low price (RO) 1.000 1.300 1.420 0.700 0.754
Legal Advisor : Babiker Mustafa Mohamed Al Haj Closing price (RO) 1.000 1.670 2.015 1.440 0.760
Price Earnings Ratio (Multiplier) 0.954 12.190 14.601 11.707 10.133
Market Capitalisation (RO000) 200,000 334,000 403,000 288,000 152,000

142 Cement
Raysut Cement Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income Statement of Cashflow
Revenue 94,676 94,293 93,290 92,803 83,813
Cost of Sales (59,182) (54,866) (53,723) (62,885) (61,858) Cashflow from operating activities 34,425 34,425 32,963 31,348 26,414
Gross Profit 35,495 39,427 39,567 29,918 21,955 Cashflow from investing activities (1,713) (1,713) (3,665) (12,939) 3,080
Other income 129.3 355 190 60 104 Cashflow from financing activities (26,143) (26,143) (30,521) (18,180) (31,299)
Total Income 35,624 39,782 39,757 29,978 22,059
General and adm.exp & Net change in cash & cash equivalents 6,569 6,569 (1,223) 229 (1,805)
finnancial exp. (10,631) (11,215) (11,105) (3,614) (4,480)
Other Gains/ (losses) 54 1,821 1,969 633 (537) Key Financial indicators
Income Tax (4,094) (2,962) (3,096) (2,463) (2,093)
Net profit for the year 20,954 27,426 27,526 24,534 14,949 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 22% 29% 28% 26% 18%
Total comprahensive income 20,954 27,426 27,526 24,534 14,949
Return on Equity % 14% 19% 20% 21% 15%
Financial Position Earning per share (RO) 0.105 0.137 0.132 0.123 0.075
Statement of Financial Position Cash dividend (RO000) 10,000 15,000 15,000 15,000 10,000
Assets Cash dividend ratio % 50% 75% 75% 75% 50%
Non-current assets
Tangible assets 93,999 91,927 91,547 95,233 100,614 Stock dividend (RO000) - - - - -
Investments 4,644 4,339 3,988 3,875 2,807 Stock dividend ratio % - - - - -
Other assets 45,799 45,924 45,923 45,799 45,799
144,441 142,190 141,458 144,907 149,220 Financial Position
Current assets Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Investments 3,129 4,213 3,997 3,429 4,243 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 12,202 15,689 12,390 12,423 12,335
Inventories 14,667 14,236 16,491 15,373 15,844 Net assets / Book value per share (RO) 0.740 0.710 0.648 0.585 0.512
Cash & bank balances 29,223 28,366 30,769 19,161 7,432 Equity Ratio % 73% 69% 63% 60% 54%
Other assets - - - - -
Debt Ratio % 17% 22% 28% 32% 36%
59,221 62,504 63,647 50,386 39,854
Total assets 203,662 204,694 205,105 195,293 189,074 Current ratio 3 3 4 3 1
Liabilities Liquid ratio 2 3 3 2 1
Non-current Liabilities
Borrowings 29,188 39,500 54,000 58,000 47,102 Inventory turnover (days) 90 95 110 89 93
Other liabilities 4,830 4,591 4,240 3,191 3,249 Avg. collection period (days) 47 61 48 49 54
34,017 44,091 58,240 61,191 50,351
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 5,875 5,000 4,000 4,223 21,118 Net Profit Total Dividend
Payables & accruals 15,753 10,642 10,098 12,768 15,197 30000
Other liabilities - 2,897 3,131 - - 24000
21,628 18,539 17,229 16,991 36,315
Total liabilities 55,645 62,630 75,469 78,182 86,666 18000
Equity 12000
Share capital 20,000 20,000 20,000 20,000 20,000 6000
Retained earnings 97,894 91,940 79,514 66,988 52,284
Others 30,124 30,123 30,123 30,123 30,124 0
2011 2012 2013 2014 2015
Net-worth 148,017 142,063 129,637 117,111 102,408

Industry 143
Al Hassan Engineering Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Engineering, Procurement and Construction of Projects in Oil, Gas, Petrochemicals,
Power, Water and Wastewater Sectors.
120000 Assets Market Capitalisation Net-worth Equity

No of staff 100000
Omani
Omani:955 , Expatriates: 4213 - Total: 5168
GCC
80000
Arabs not GCC
Key Staff
Abdul Aziz Mohammed Al Balushi : CEO Foreigners
60000

Main Shareholders (Holding 5% and more shares) 40000


Hassan Ali Salman : 20.07%
Maqbool Ali Salman : 20.07% Omani GCC Arabs not GCC Foreigners Total 20000
Al Hassan Electricals Company LLC : 19.96% Nos 726 31 - - 757
Value 5,359,731 55,245 - - 5,414,976 0
2011 2012 2013 2014 2015
% 99.0% 1.0% - - 100%

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Hassan Ali Salman : Chairman 0.300
Dy. Chairman & Mg.
Maqbool Ali Salman : Director 0.252
Saud Ahmed Al Nahari : Director 0.204
Khalifa Saif Darwish Alketbi : Director
0.156
Eng. Salim Bin Said Bin Issa Al Ghatami : Director
"Mehdi bin Mohamed Jawed Al Abduwani 0.108
(Appointed on 24th March 2015)
: Director
0.060
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 27,482 69,675 179,171 104,645 16,635
Value of Trading (RO000) 3,110 13,978 37,964 19,907 5,068
Other Information
No of trades executed 2,756 5,592 11,751 11,212 2,662
Established : 1998
Yearly High price (RO) 0.137 0.274 0.275 0.303 0.576
Auditors : Pricewaterhouse & Coopers
Yearly low price (RO) 0.070 0.084 0.150 0.120 0.214
Murtadha bin Mohamed
Legal Advisor : Ali bin Taqi Lawyers Legal Consultancy Closing price (RO) 0.072 0.099 0.255 0.153 0.253
Price Earnings Ratio (Multiplier) (0.658) (5.211) 28.333 (3.060) 7.667
Market Capitalisation (RO000) 5,415 7,446 19,178 11,507 19,028

144 Engineering
Al Hassan Engineering Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 102,278 76,295 62,571 49,673 60,676 Cashflow from operating activities (12,549) (252) (530) (4,883) 6,841
Cost of Sales (105,433) (74,047) (58,261) (50,319) (54,283)
Cashflow from investing activities (4,945) (2,416) (2,871) (283) (3,621)
Gross Profit (3,155) 2,248 4,310 (646) 6,393
Other income 166 256 777 606 423 Cashflow from financing activities - (376) (1,925) (1,128) 109
Total Income (2,988) 2,504 5,087 (40) 6,816 Net change in cash & cash equivalents (17,494) (3,044) (5,326) (6,294) 3,329
Operating expenses (5,004) (4,298) (4,360) (3,878) (4,055)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (231) 353 (72) 159 (300)
Net profit for the year (8,224) (1,441) 655 (3,759) 2,461 Profitability
Other comprehesnive income 367 (351) (5) 20 17 Net Profit ratio % (8%) (2%) 1% (8%) 4%
Total comprahensive income (7,857) (1,792) 650 (3,739) 2,478
Return on Equity % (379%) (14%) 5% (33%) 15%
Financial Position Earning per share (RO) (0.109) (0.019) 0.009 (0.050) 0.033
Statement of Financial Position Cash dividend (RO000) - - 376 - 1,128
Assets
Non-current assets Cash dividend ratio % - - 5% - 15%
Tangible assets 11,390 12,027 11,627 11,489 12,838 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets 2,091 1,886 1,195 1,153 1,817
13,481 13,913 12,822 12,642 14,655 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 86,031 70,522 49,280 39,533 36,173
Inventories 4,904 3,350 3,693 2,640 4,303 Net assets / Book value per share (RO) 0.029 0.133 0.162 0.153 0.218
Cash & bank balances 2,215 2,368 3,153 937 1,322 Equity Ratio % 2% 11% 18% 21% 29%
Other assets 319 - - - -
93,469 76,240 56,126 43,110 41,798 Debt Ratio % 3% 35% 42% 42% 31%
Total assets 106,950 90,153 68,948 55,752 56,453 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings - - - - 1,925 Inventory turnover (days) 17 17 23 19 29
Other liabilities 3,670 3,265 3,178 2,622 2,804 Avg. collection period (days) 307 337 287 290 218
3,670 3,265 3,178 2,622 4,729
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 48,454 31,112 28,854 23,237 15,402 Net Profit Total Dividend
Payables & accruals 52,659 45,752 24,724 18,350 19,912 8000
Other liabilities - - - - -
4400
101,113 76,864 53,578 41,587 35,314
Total liabilities 104,783 80,129 56,756 44,209 40,043 800
0
Equity -2800
Share capital 7,521 7,521 7,521 7,521 7,521
-6400
Retained earnings (7,278) 945 2,795 2,194 7,081
Others 1,925 1,558 1,876 1,828 1,808 -10000
2011 2012 2013 2014 2015
Net-worth 2,168 10,024 12,192 11,543 16,410

Industry 145
Galfar Engineering & Contracting S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Civil and Mechanical construction, Oil & Gas Services including EPC works, Utilities, Ma-
rine & Infrastructure, public health engineering, Roads & Bridges construction, Electrical
and water maintenance contracts 560000 Assets Market Capitalisation Net-worth Equity
No of staff 504000

Omani: 3,961, Expatriates: 17,543 - Total: 21,504 Omani 448000


Key Staff GCC 392000
Dr. Hans Erlings : CEO Arabs not GCC 336000
Main Shareholders (Holding 5% and more shares) Foreigners
280000
Sheikh Salim Bin Said Hamed Al Fannah Al Araimi : 13.93%
Rasiya Mohammed Ali : 10.54% 224000
Al Siraj Investment Holding LLC : 9.42% 168000
Emaar United for Investment &
: 8.64%
Projects Co LLC 112000
Dr.P. Mohamed Ali : 7.2% Omani GCC Arabs not GCC Foreigners Total
Nos 4,660 52 5 6 4,723 56000

Value 19,928,775 356,983 10,508 2,379 20,298,645 0


2011 2012 2013 2014 2015
% 98.2% 1.8% 0.1% - 100%
Board of Directors
Sheikh Dr.Salim Said Hamed Al Fannah Al Araimi : Chairman Share Closing Price Index - Monthly for 2 years
Sheikh Salim Abdullah Saeed Badr Al Rawas : Vice Chairman
2014 2015
Dr.Hatem Bakheit Saeed Al Shanfari : Director
0.290
Mr. Hamad Mohamed Al Wahaibi : Director
Engr. Salman Rashid Al Fannah Al Araimi : Director
Ms. Khalood Mohamed Rashid Al Fannah Al Araimi : Director
0.175
Mr. Abdulqader Askalan : Director
Engr. Mohiuddin Mohamad Ali : Director
Engr. Raiz Basheeruddin : Director
0.060
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 150,565 131,440 117,815 98,659 102,021
Value of Trading (RO000) 19,632 32,508 42,223 38,585 46,202
No of trades executed 11,119 8,338 10,601 11,029 17,359
Yearly High price (RO) 0.198 0.316 0.405 0.440 0.609
Other Information
Yearly low price (RO) 0.069 0.100 0.267 0.333 0.315
Established : 1975
Closing price (RO) 0.070 0.161 0.270 0.364 0.337
Auditors : Pricewaterhouse Coopers
Legal Advisor : Abdel Bagi Daffalla Abdelraouf Price Earnings Ratio (Multiplier) (1.007) 308.491 12.273 13.481 21.063
Market Capitalisation (RO000) 20,299 42,443 71,177 84,084 77,847

146 Engineering
Galfar Engineering & Contracting S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 345,234 372,510 412,408 336,504 307,222 Cashflow from operating activities 64,363 25,076 (9,009) 17,242 13,767
Cost of Sales (326,708) (350,070) (380,257) (307,633) (284,148)
Cashflow from investing activities (28,491) (13,932) (26,524) (37,691) (15,684)
Gross Profit 18,526 22,440 32,151 28,871 23,074
Other income 3,422 3,039 1,844 2,784 1,881 Cashflow from financing activities (20,405) (14,668) 38,157 21,558 2,567
Total Income 21,948 25,479 33,995 31,655 24,955 Net change in cash & cash equivalents 15,467 (3,524) 2,624 1,109 650
Operating expenses (52,843) (23,190) (22,537) (18,830) (18,027)
Other Gains/ (losses) (1,229) (1,366) (1,618) (1,436) (665) Key Financial indicators
Income Tax 3,265 (726) (2,256) (2,183) (999)
Net profit for the year (28,859) 197 7,584 9,206 5,264 Profitability
Other comprehesnive income (801) (71) (769) (1,019) - Net Profit ratio % (8%) - 2% 3% 2%
Total comprahensive income (29,660) 126 6,815 8,187 5,264
Return on Equity % (40%) - 7% 10% 6%
Financial Position Earning per share (RO) (0.070) 0.001 0.020 0.027 0.016
Statement of Financial Position Cash dividend (RO000) - - 3,775 5,775 3,960
Assets
Non-current assets Cash dividend ratio % - - 10.0% 17.5% 12.0%
Tangible assets 101,411 104,685 120,347 115,010 114,098 Stock dividend (RO000) - 3,775 - - -
Investments 4,044 5,006 6,589 9,874 9,971 Stock dividend ratio % - - - - -
Other assets 59,846 50,121 33,779 24,041 16,750
165,301 159,812 160,715 148,925 140,819 Financial Position
Current assets Authorised Capital (RO000) 50,000 50,000 50,000 50,000 50,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 296,652 316,202 280,872 258,653 230,078
Inventories 15,055 22,379 36,488 32,828 29,040 Net assets / Book value per share (RO) 0.173 0.269 0.281 0.276 0.263
Cash & bank balances 19,298 3,892 17,683 16,142 3,409 Equity Ratio % 15% 20% 21% 20% 22%
Other assets - - - - -
331,005 342,473 335,043 307,623 262,527 Debt Ratio % 23% 40% 15% 36% 32%
Total assets 496,306 502,285 495,758 456,548 403,346 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 74,947 73,588 46,714 28,337 31,265 Inventory turnover (days) 17 23 35 39 37
Other liabilities 41,544 35,635 27,822 48,917 38,448 Avg. collection period (days) 314 310 249 281 273
116,491 109,223 74,536 77,254 69,713
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 117,263 129,512 156,764 134,508 98,150 Net Profit Total Dividend
Payables & accruals 189,746 161,056 155,490 152,928 147,852 30000
Other liabilities - - 2,787 - - 18000
307,009 290,568 315,041 287,436 246,002
Total liabilities 423,500 399,791 389,577 364,690 315,715 6000
0
Equity -6000
Share capital 41,522 37,747 37,747 33,000 33,000
-18000
Retained earnings 539 29,421 32,978 31,420 26,357
Others 30,745 35,326 35,456 27,438 28,274 -30000
2011 2012 2013 2014 2015
Net-worth 72,806 102,494 106,181 91,858 87,631

Industry 147
Muscat Thread Mills S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing & marketing of sewing thread.
3500
Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 22 , Expatriates: 47 - Total: 69 Omani 2800
GCC
Key Staff Arabs not GCC 2100
Nihal S.Kodagoda : General Manager
Foreigners

Main Shareholders (Holding 5% and more shares) 1400


Qais Omani Establishment LLC : 18.96%
Muscat Overseas LLC : 17.55%
Omani GCC Arabs not GCC Foreigners Total 700
Al Barij International LLC : 12.45%
Masterbaker Marketing Ltd : 11.86% Nos 294 - - - 294
Khorakiwala Fakhruddin Taizoon : 8.56% Value 1,863,046 - - - 1,863,046
0
Salim Mostahil Ahmed Al Maashani : : 7.54% % 100.0% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Mukhtar M Hasan : Chairman 2014 2015

Mr. Abdul Wahab Nasser Al Mandhari : Vice Chairman 0.180

Mr. Balachandran T Chatoth : Director 0.164


Mr. TaizoonF. Khorakiwala : Director 0.148
Mr. Himansu Mohapatra : Director
0.132

0.116

0.100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded(000) 72 2 14 2,418 1,020
Value of Trading (RO000) 10 - 3 465 135
Other Information No of trades executed 15 2 9 169 38
Established : 1997 Yearly High price (RO) 0.162 0.178 0.225 0.246 0.140
Auditors : Moore Stephens Yearly low price (RO) 0.124 0.160 0.161 0.102 0.100
Legal Advisor : Rajab Al Kathiri & Associates
Closing price (RO) 0.126 0.162 0.178 0.195 0.100
Price Earnings Ratio (Multiplier) (15.735) 13.171 12.899 11.404 3.876
Market Capitalisation (RO000) 1,863 2,178 2,175 1,985 886

148 Textiles
Muscat Thread Mills S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 2,474 3,769 3,181 3,511 3,907 Cashflow from operating activities 561 224 296 31 522
Cost of Sales (2,146) (3,142) (2,589) (2,762) (3,104)
Cashflow from investing activities (241) (102) (73) (133) (22)
Gross Profit 328 627 592 749 803
Other income 2 1 15 1 - Cashflow from financing activities (227) (157) (97) 64 (335)
Total Income 330 628 607 750 803 Net change in cash & cash equivalents 93 (35) 126 (38) 165
Operating expenses (459) (443) (433) (517) (508)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax 11 (19) (6) (24) (32)
Net profit for the year (118) 166 168 209 263 Profitability
Other comprehesnive income - - - - - Net Profit ratio % (5%) 4% 5% 6% 7%
Total comprahensive income (118) 166 168 209 263
Return on Equity % (7%) 9% 10% 14% 19%
Financial Position Earning per share (RO) (0.008) 0.012 0.014 0.017 0.026
Statement of Financial Position Cash dividend (RO000) - - - - 133
Assets
Non-current assets Cash dividend ratio % - - - - 15%
Tangible assets 878 776 812 868 891 Stock dividend (RO000) - 134 122 204 133
Investments - 20 20 20 - Stock dividend ratio % - 10% 10% 20% 15%
Other assets 46 33 29 11 -
924 829 861 899 891 Financial Position
Current assets Authorised Capital (RO000) 2,500 2,500 2,500 2,500 2,500
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 479 981 902 1,070 893
Inventories 568 655 640 565 427 Net assets / Book value per share (RO) 0.113 0.133 0.133 0.143 0.156
Cash & bank balances 208 114 150 23 61 Equity Ratio % 77% 69% 64% 57% 61%
Other assets - - - - -
1,255 1,750 1,692 1,658 1,381 Debt Ratio % 13% 17% 23% 27% 21%
Total assets 2,179 2,579 2,553 2,557 2,272 Current ratio 6 3 2 2 2
Liabilities Liquid ratio 3 2 1 1 1
Non-current Liabilities
Borrowings 182 - - - 23 Inventory turnover (days) 97 76 90 75 50
Other liabilities 102 99 93 84 72 Avg. collection period (days) 71 95 103 111 83
285 99 93 84 95
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 19 428 585 682 454 Net Profit Total Dividend
Payables & accruals 203 260 249 333 342 300
Other liabilities - - - - - 180
222 688 834 1,015 796
Total liabilities 506 787 927 1,099 891 60
0
Equity -60
Share capital 1,479 1,344 1,222 1,018 886
-180
Retained earnings 30 283 256 308 120
Others 165 165 148 132 375 -300
2011 2012 2013 2014 2015
Net-worth 1,673 1,792 1,626 1,458 1,381

Industry 149
Oman Textile Mills Holding Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Financial Holding Company
14000 Assets Market Capitalisation Net-worth Equity
No of staff
12000
Omani: 61, Expatriates: 91 - Total: 152 Omani
GCC 10000
Key Staff Arabs not GCC
Mr. Faseem PP: Chief Marketing Officer 8000
Foreigners
Mr. D. R. Mehta, Production Manager
6000

Main Shareholders (Holding 5% and more shares)


4000
Dr Omar bin Abdul Muniem Al Zawawi : 21.7%
Waleed bin Omar bin Abdul Muniem Al Zawawi : 15.0% Omani GCC Arabs not GCC Foreigners Total
2000
Omar Zawawi Establishment LLC : 14.5% Nos 741 2 - - 743
Value 2,123,699 301 - - 2,124,000
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Col (Retd) Nasser Al Kilbani : Chairman 0.380
Mr. Amr Wagdy Helmy : Vice Chairman
0.335
Mr. H.P.Kothary : Director
Mr. K. P. Sivaramakrishnan : Director 0.290
Mr. Salem Nasser Al Bortmany : Director
0.245
Mr. Richard Michael Preece : Director
Mr. Naveen Kumar Goyal : Director 0.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 2,154 446 621 800 3,424
Value of Trading (RO000) 779 125 182 299 2,366
No of trades executed 702 150 315 455 1,577
Other Information
Yearly High price (RO) 0.356 0.295 0.280 0.300 0.403
Established : 1988
Yearly low price (RO) 0.354 0.295 0.280 0.300 0.400
Auditors : PricewaterhouseCoopers LLC
Closing price (RO) 0.354 0.295 0.280 0.300 0.401
Hamad Al Sharji, Peter
Legal Advisor : Mansour and Co. Price Earnings Ratio (Multiplier) 0.532 (2.658) (2.171) (3.125) (4.092)
Market Capitalisation (RO000) 2,124 1,770 1,680 1,800 2,406

150 Textiles
Oman Textile Mills Holding Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 7,794 1,613 2,047 2,000 1,821 Cashflow from operating activities (599) (825) (489) (329) 3,478
Cost of Sales (2,869) (1,698) (2,039) (2,049) (1,919)
Cashflow from investing activities 102 319 (225) (288) 7
Gross Profit 4,925 (85) 8 (49) (98)
Other income 15 107 27 39 45 Cashflow from financing activities 493 488 515 - (2,676)
Total Income 4,940 22 35 (10) (53) Net change in cash & cash equivalents (3) (18) (199) (617) 809
Operating expenses (894) (787) (849) (725) (925)
Other Gains/ (losses) 109 79 33 234 276 Key Financial indicators
Income Tax (166) 21 8 (75) 116
Net profit for the year 3,989 (665) (773) (576) (586) Profitability
Other comprehesnive income (792) (645) (656) (1,367) 365 Net Profit ratio % 51% (41%) (38%) (29%) (32%)
Total comprahensive income 3,197 (1,310) (1,429) (1,943) (221)
Return on Equity % 44% (12%) (11%) (7%) (6%)
Financial Position Earning per share (RO) 0.665 (0.111) (0.129) (0.096) (0.098)
Statement of Financial Position Cash dividend (RO000) 150 - - - -
Assets Cash dividend ratio % 2.5% - - - -
Non-current assets
Tangible assets 2,483 2,699 2,923 3,153 3,399 Stock dividend (RO000) - - - - -
Investments 2,283 3,076 3,720 4,376 5,742 Stock dividend ratio % - - - - -
Other assets - - - - -
4,767 5,775 6,643 7,529 9,141 Financial Position
Current assets Authorised Capital (RO000) 6,000 6,000 6,000 6,000 6,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 5,857 625 280 446 351
Inventories 783 1,023 912 875 1,004 Net assets / Book value per share (RO) 1.495 0.961 1.180 1.419 1.742
Cash & bank balances 11 14 282 730 847 Equity Ratio % 79% 78% 87% 89% 92%
Other assets - - - - -
6,651 1,662 1,474 2,051 2,202 Debt Ratio % 3% 7% - - -
Total assets 11,418 1,662 8,117 9,580 11,343 Current ratio 3 1 2 3 3
Liabilities Liquid ratio 3 - 1 2 2
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 100 220 163 156 191
Other liabilities 326 335 348 328 230 Avg. collection period (days) 274 141 50 81 70
326 335 348 328 230
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 981 488 - - - Net Profit Total Dividend
Payables & accruals 1,142 843 687 741 659 4000
Other liabilities - - - - -
2,123 1,331 687 741 659 2000
Total liabilities 2,449 1,666 1,035 1,069 889
0
Equity
Share capital 6,000 6,000 6,000 6,000 6,000 -2000
Retained earnings 1,171 (2,418) (1,746) (970) (370)
Others 1,797 2,189 2,828 3,481 4,824 -4000
2011 2012 2013 2014 2015
Net-worth 8,968 5,771 7,082 8,511 10,454

Industry 151
Al Fajar Al Alamia Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacture of industrial explosives and trading in explosives accessories
50000 Assets Market Capitalisation Net-worth Equity
No of staff 45000
Omani: 21, Expatriates: 39 - Total: 60 Omani 40000
GCC 35000
Key Staff Arabs not GCC
Sreekumar Nair : CEO 30000
Foreigners
25000

Main Shareholders (Holding 5% and more shares) 20000


Ms.Maryam A M Zawawi : 42.57% 15000
Ms.Muna Noor Ritchie : 15.07%
Omani GCC Arabs not GCC Foreigners Total 10000
Sultans Special Force Pension Fund : 10.14%
Muna Noor international LLC : 8.11% Nos 74 2 - - 76 5000
Al Maha Financial Services LLC : 7.91% Value 36,852,041 46,986 - - 36,899,027
0
Salim international investment holding LLC : 6.31% % 99.9% 0.1% - - 100% 2011 2012 2013 2014 2015

Oak Forest Investment company LLC : 6.10%


Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015

Saleem bin Qassim Al Zawawi : Chairman 0.800

Brian William Ritchie : Vice Chairman


0.650
Michael Makin Al Ajjaz : Director
Abdullah bin Hameed Al Mammari : Director 0.500
Ms. Fidwa Salim Al Araimi : Director
0.350
Dr. Rashid Al Ghailani : Director
Haythem Mahmood Abdal Nabi Macki : Director 0.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 5,014 58 57 2,969 159
Value of Trading (RO000) 3,510 43 42 2,119 116
No of trades executed 2 6 25 7 41
Other Information
Yearly High price (RO) 0.748 0.760 0.760 0.750 0.760
Established : 1997 Yearly low price (RO) 0.700 0.700 0.699 0.643 0.674
Auditors : PricewaterhouseCoopers
Closing price (RO) 0.748 0.748 0.748 0.714 0.714
Legal Advisor : Trowers & Hamlins
Price Earnings Ratio (Multiplier) 26.546 24.933 44.000 (238.000) 16.605
Market Capitalisation (RO000) 36,899 36,899 36,899 35,222 35,222

152 Mining
Al Fajar Al Alamia Co. S.A.O.G Fiscal Year - 30th June

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 18,793 16,368 14,065 10,816 11,676 Cashflow from operating activities 3,686 3,049 2,539 (613) 5,310
Cost of Sales (13,807) (12,202) (10,720) (8,437) (7,404)
Cashflow from investing activities (1,520) (1,052) (2,782) (312) (18,283)
Gross Profit 4,986 4,166 3,345 2,379 4,272
Other income 140 488 457 573 551 Cashflow from financing activities (2,211) (2,520) 885 (2,193) 14,705
Total Income 5,126 4,654 3,802 2,952 4,823 Net change in cash & cash equivalents (45) (523) 642 (3,118) 1,732
Operating expenses (3,686) (3,092) (2,768) (3,073) (2,355)
Other Gains/ (losses) - - - - Key Financial indicators
Income Tax (50) (91) (243) (8) (351)
Net profit for the year 1,390 1,471 791 (129) 2,117 Profitability
Other comprehesnive income - - - - Net Profit ratio % 7% 9% 6% (1%) 18%
Total comprahensive income 1,390 1,471 792 (129) 2,117
Return on Equity % 6% 6% 4% (1%) 9%
Financial Position Earning per share (RO) 0.028 0.030 0.016 (0.003) 0.043
Statement of Financial Position Cash dividend (RO000) - 247 247 - 987
Assets
Non-current assets Cash dividend ratio % - 5% 5% - 20%
Tangible assets 5,696 1,471 4,689 3,758 4,652 Stock dividend (RO000) - - - - -
Investments / Goodwill 23,762 24,161 - 22,000 22,000 Stock dividend ratio % - - - - -
Other assets 181 126 24,608 337 535
29,639 29,392 29,297 26,095 27,187 Financial Position
Current assets Authorised Capital (RO000) 12,000 2,000 2,000 12,000 12,000
Investments - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 11,283 11,237 11,037 11,408 9,417
Inventories 1,514 1,677 1,513 1,266 1,221 Net assets / Book value per share (RO) 0.498 0.475 0.450 0.434 0.456
Cash & bank balances 420 466 988 347 3,465 Equity Ratio % 57% 55% 52% 55% 55%
Other assets - - - - -
13,217 13,380 13,538 13,021 14,103 Debt Ratio % 21% 37% 34% 40% 40%
Total assets 42,856 42,772 42,835 39,116 41,290 Current ratio 1 2 2 4 4
Liabilities Liquid ratio 1 1 2 4 4
Non-current Liabilities
Borrowings 7,566 10,825 14,160 14,206 15,132 Inventory turnover (days) 40 50 52 55 60
Other liabilities 1,352 647 599 470 486 Avg. collection period (days) 219 251 286 385 294
8,918 11,472 14,759 14,676 15,618
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 5,436 5,045 3,500 1,251 1,532 Net Profit Total Dividend
Payables & accruals 3,951 2,847 2,160 1,798 1,633 2500
Other liabilities - - 232 - -
1920
9,387 7,892 5,892 3,049 3,165
Total liabilities 18,305 19,364 20,651 17,725 18,783 1340
Equity 760
Share capital 4,933 4,933 4,933 4,933 4,933
180
Retained earnings 4,709 3,643 2,533 1,867 3,084 0
Others 14,909 14,832 14,717 14,591 14,490 -400
2011 2012 2013 2014 2015
Net-worth 24,551 23,408 22,183 21,391 22,507

Industry 153
Al Oula Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Extraction, Processing & Marketing of Marble and Granite.

3200 Assets Market Capitalisation Net-worth Equity


No of staff
2800
Omani: 6, Expatriates: 53 - Total: 59 Omani
GCC 2400

Key Staff Arabs not GCC 2000


Mohammed Ahmed Tahir Moqibal : Managing Director
Foreigners
Benny Poulose : General Manager 1600

1200
Main Shareholders (Holding 5% and more shares)
Bramco WLL, Bahrain : 60.41% 800
Al Oula Saudi : 10.18% Omani GCC Arabs not GCC Foreigners Total
Nos 168 6 - - 174 400
Bramco Oman LLC : 6.76%
Khalid Ahmed Tahir Moqaibel : 5.75% Value 768,346 1,934,654 - - 2,703,000
0
% 28% 72% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Yousuf Ahmed Tahir : Chairman 2014 2015
Mr. Mohammed Salem Ramadhan : Deputy Chairman 0.600
Mr. Abudllah Ahmed Tahir : Director
0.525
Mr. Alwi Ahmed Alwi : Director
Mr. Hosain Ahmed Tahir : Director 0.450
Mr. Khalid Ahmed Taher : Director
0.375
Mr .Medhat Saad Megahed : Director

0.300
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - 2 0.4
Value of Trading (RO000) - - - 0.2 0.04
Other Information No of trades executed - - - 1 1
Established : 1992 Yearly High price (RO) 0.530 0.530 0.530 0.530 0.530
Auditors : Talal Abu Ghazaleh & Co. Yearly low price (RO) 0.530 0.530 0.530 0.100 0.100
Legal Advisor : Bakheet Bin Suhail Beit Saaid Closing price (RO) 0.530 0.530 0.530 0.530 0.530
Price Earnings Ratio (Multiplier) (3.297) (17.097) (18.929) (8.154) (15.143)
Market Capitalisation (RO000) 2,703 2,703 2,703 2,703 2,703

154 Mining
Al Oula Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 8 200 557 461 522 Cashflow from operating activities (13) 16 8 (58) 55
Cost of Sales (577) (370) (607) (553) (528)
Cashflow from investing activities 9 (17) - (61) (49)
Gross Profit (570) (170) (50) (92) (6)
Other income 164 191 95 23 16 Cashflow from financing activities - - (8) 126 (16)
Total Income (405) 21 45 (69) 10 Net change in cash & cash equivalents (4) (1) - 7 (10)
Operating expenses (210) (181) (191) (262) (188)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - - - - -
Net profit for the year (615) (160) (146) (331) (178) Profitability
Other comprehesnive income - - - - - Net Profit ratio % (8197%) (49%) (26%) (72%) (34%)
Total comprahensive income (615) (160) (146) (331) (178)
Return on Equity % 75% 78% 324% (328%) (41%)
Financial Position Earning per share (RO) (0.121) (0.031) (0.028) (0.065) (0.035)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 466 592 730 945 1,098 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
466 592 730 945 1,098 Financial Position
Current assets Authorised Capital (RO000) 5,100 5,100 5,100 5,100 5,100
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 15 460 354 306 363
Inventories 98 542 616 608 576 Net assets / Book value per share (RO) (0.161) (0.040) (0.009) 0.020 0.084
Cash & bank balances 14 22 23 26 25 Equity Ratio % (79%) (13%) (3%) 5% 21%
Other assets 446 - - - -
572 1,024 993 940 964 Debt Ratio % 2% 87% 78% 68% 58%
Total assets 1,038 1,616 1,723 1,885 2,062 Current ratio - 1 1 1 1
Liabilities Liquid ratio - - - - -
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 62 535 370 401 398
Other liabilities 25 33 36 38 37 Avg. collection period (days) 711 840 232 242 254
25 33 36 38 37
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 1,453 1,404 1,347 1,284 1,197 Net Profit Total Dividend
Payables & accruals 379 384 385 462 396 700
Other liabilities - - - - - 500
1,832 1,788 1,732 1,746 1,593 300
Total liabilities 1,857 1,821 1,768 1,784 1,630 100
0
Equity -100
Share capital 5,100 5,100 5,100 5,100 5,100 -300
Retained earnings (5,920) (5,305) (5,145) (4,999) (4,668) -500
Others - - - - - -700
2011 2012 2013 2014 2015
Net-worth (820) (205) (45) 101 432

Industry 155
Gulf Stone Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Cutting & Sawing Marble (production of Merritt Marble, Granite and Silica
9000 Assets Market Capitalisation Net-worth Equity
No of staff
8000
Omani: 45 Expatriates: 84 Total: 129
Omani
7000
GCC
Key Staff 6000
Arabs not GCC
Zayed Saeed Zayed Al Reesi
Foreigners 5000

Main Shareholders (Holding 5% and more shares) 4000

Al Awlaa Al Watania : 30.88% 3000


Arabian Mining : 25%
2000
Buetimat : 20% Omani GCC Arabs not GCC Foreigners Total
Al Antq Al Zahbiyi : 6.80% Nos 41 1 1 - 43 1000
Value 2,196,150 798,600 998,250 - 3,993,000
0
% 55.0% 20.0% 25.0% - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Ahmed Mohmad Al Rasbi : Chairman 2014 2015
Mohmad Said Al Ajeel : Deputy Chairman 0.200
Faris Mahmood Fadel Alah : Director
0.150
Mohd. Ahmed AbdulAziz Al Shahi : Director
Thamer Ahmed Al Saleh : Director 0.100
Suliman Ahmed Al Haqani : Director
0.050

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 2,648 - 404 - 132
Value of Trading (RO000) 219 - 33 - 12
Other Information
No of trades executed 33 - 1 - 3
Established : 03-11-1997
Yearly High price (RO) 0.112 0.082 0.082 0.082 0.095
Auditors : Delloite &Touche
Yearly low price (RO) 0.082 0.082 0.082 0.082 0.086
Legal Advisor : Rajb Al Kathery
Closing price (RO) 0.110 0.082 0.082 0.082 0.090
Price Earnings Ratio (Multiplier) 33.220 9.111 20.500 11.714 6.923
Market Capitalisation (RO000) 3,993 2,977 2,977 2,977 2,970

156 Mining
Gulf Stone Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 4,930 4,839 3,841 3,678 3,726 Cashflow from operating activities 569 314 83 16 516
Cost of Sales (4,015) (3,805) (3,013) (2,774) (2,709)
Cashflow from investing activities (89) (42) (717) (62) (55)
Gross Profit 914 1,034 828 904 1,017
Other income 2 3 31 10 21 Cashflow from financing activities (544) (112) (2) 65 (464)
Total Income 916 1,037 859 914 1,038 Net change in cash & cash equivalents (65) 160 (54) 19 (3)
Operating expenses (782) (662) (706) (603) (586)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (14) (41) (19) (67) 13
Net profit for the year 120 334 134 244 465 Profitability
Other comprehesnive income - - - - -
Net Profit ratio % 2% 7% 3% 7% 12%
Total comprahensive income 120 334 134 244 465
Return on Equity % 3% 7% 3% 6% 11%
Financial Position Earning per share (RO) 0.003 0.009 (0.004) 0.007 0.013
Statement of Financial Position
Cash dividend (RO000) 182 363 - 182 -
Assets
Non-current assets Cash dividend ratio % 5.0% 10.0% - 5.0% -
Tangible assets 3,123 3,377 3,679 3,252 3,436 Stock dividend (RO000) - - - - 330
Investments - - - - -
Stock dividend ratio % - - - - 10%
Other assets - - - - -
3,123 3,377 3,679 3,252 3,436 Financial Position
Current assets
Authorised Capital (RO000) 4,000 4,000 4,000 4,000 4,000
Investments - - - - -
Receivables & prepayments 1,822 1,665 1,285 1,380 1,241 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Inventories 1,891 2,085 2,018 1,771 1,225 Net assets / Book value per share (RO) 0.120 0.127 0.118 0.119 0.124
Cash & bank balances 232 297 170 224 205
Equity Ratio % 62% 62% 60% 65% 67%
Other assets - - - - -
3,945 4,047 3,473 3,375 2,671 Debt Ratio % 5% 23% 26% 18% 18%
Total assets 7,067 7,424 7,152 6,627 6,107 Current ratio 2 2 2 2 2
Liabilities Liquid ratio 1 1 2 2 2
Non-current Liabilities
Borrowings 83 217 344 56 - Inventory turnover (days) 172 200 244 233 165
Other liabilities 303 302 314 311 303 Avg. collection period (days) 135 126 122 137 122
386 519 658 367 303
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 1,458 1,505 1,491 1,138 1,129
Net Profit Total Dividend
Payables & accruals 853 788 724 796 593 500
Other liabilities - - - - -
400
2,311 2,293 2,215 1,934 1,722
Total liabilities 2,697 2,812 2,873 2,301 2,025 300
Equity 200
Share capital 3,630 3,630 3,630 3,630 3,300
Retained earnings 232 594 294 355 465 100
Others 508 388 355 341 317 0
Net-worth 4,370 4,612 4,279 4,326 4,082 2011 2012 2013 2014 2015

Industry 157
Oman Chromite Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Mining and Exporting Chrome Ore
14000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 40, Expatriates: 13 - Total: 53 12000
Omani
GCC 10000
Key Staff
Eng. Ibrahim bin Mubarak Al Balushi General Manager Arabs not GCC
8000
Foreigners

Main Shareholders (Holding 5% and more shares) 6000


Mohamed Mousa Abdullah Al Yousuf : 16.06%
Ministry of Finance : 15.00% 4000
Mohamed AL Barwani Holding LCC : 13.65%
Omani GCC Arabs not GCC Foreigners Total
FINCORP Investment LCC : 10.18% 2000
Nos 2,248 18 1 - 2,267
Oman Mining LCC : 10.00%
Value 10,909,961 10,021 18 - 10,920,000
0
Qurum Corporating : 10.00%
% 100% 0% 0% 0% 100% 2011 2012 2013 2014 2015
ROP Pension Fund : 5.00%
Monawma Corporation : 5.00% Share Closing Price Index - Monthly for 2 years

2014 2015
4.000

Board of Directors
Mr. Shikhan Bin Mohamed Bin Zahran Al Salmi : Chairman 3.500
Mr. Ali bin Abdullah bin Ali Al-Badi Vice : Deputy Chairman
Mr. Qais bin Mohamed bin Moosa Al-Yousef : Director
Mr. Yousef bin Salman bin Baqer Al-Saleh : Director 3.000
Mr. Rashid bin Saif bin Suliman Al-Bemani : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Saied Bin Saif Bin Naser Al Saadi : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - 1 79 92 162
Value of Trading (RO000) - 4 306 338 605
No of trades executed - 5 31 24 109
Other Information
Yearly High price (RO) 3.64 3.700 3.900 3.800 3.990
Established : 1991
Yearly low price (RO) 3.64 3.510 3.510 3.500 3.380
Auditors : Moore Stephens
Closing price (RO) 3.64 3.640 3.900 3.650 3.600
Rashid Almktomi Advocates & Legal
Legal Advisor : Consultants Price Earnings Ratio (Multiplier) 1,902 35.000 21.081 54.478 17.391
Market Capitalisation (RO000) 10,920 10,920 11,700 10,950 10,800

158 Mining
Oman Chromite Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 1,758 1,941 2,171 2,011 2,274 Cashflow from operating activities 113 721 602 652 1,113
Cost of Sales (743) (800) (774) (623) (487)
Cashflow from investing activities 78 (60) (21) 521 (668)
Gross Profit 1,015 1,141 1,397 1,388 1,787
Other income 1 153 45 5 27 Cashflow from financing activities (510) (696) (627) (1,179) (471)
Total Income 1,016 1,294 1,442 1,393 1,814 Net change in cash & cash equivalents (318) (35) (46) (6) (26)
Operating expenses (694) (712) (706) (731) (696)
Other Gains/ (losses) (197) (190) (84) (383) (374) Key Financial indicators
Income Tax (68) (81) (98) (78) (124)
Net profit for the year 57 311 554 201 620 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% 16% 26% 10% 27%
Total comprahensive income 57 311 554 201 620
Return on Equity % 1% 7% 12% 5% 13%
Financial Position Earning per share (RO) 0.019 0.104 0.185 0.067 0.207
Statement of Financial Position Cash dividend (RO000) 300 510 450 360 600
Assets
Non-current assets Cash dividend ratio % 10% 17% 15% 12% 20%
Tangible assets 341 490 501 637 710 Stock dividend (RO000) - - - - -
Investments 465 329 212 191 199 Stock dividend ratio % - - - - -
Other assets 68 93 89 178 -
874 912 802 1,006 909 Financial Position
Current assets Authorised Capital (RO000) 3,000 3,000 3,000 3,000 3,000
Investments 544 771 856 718 1,008
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 416 344 462 221 209
Inventories 1,400 1,297 1,159 1,046 681 Net assets / Book value per share (RO) 1.303 1.454 1.501 1.436 1.569
Cash & bank balances 3 1,456 1,691 1,737 2,543 Equity Ratio % 90% 91% 91% 91% 88%
Other assets 1,100 - - - -
3,464 3,868 4,168 3,722 4,441 Debt Ratio % 1% 91% 0% 0% 2%
Total assets 4,338 4,780 4,970 4,728 5,350 Current ratio 9 10 10 11 8
Liabilities Liquid ratio 5 7 8 8 7
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 688 592 547 613 510
Other liabilities 43 44 68 69 67 Avg. collection period (days) 86 65 78 40 34
43 44 68 69 67
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 165 - - - 129 Net Profit Total Dividend
Payables & accruals 220 373 400 351 447 700
Other liabilities - - - - - 600
385 373 400 351 576 500
Total liabilities 428 417 468 420 643 400
Equity 300
Share capital 3,000 3,000 3,000 3,000 3,000 200
Retained earnings 319 777 948 809 1,228 100
Others 591 586 554 499 479 0
Net-worth 3,910 4,363 4,502 4,308 4,707 2011 2012 2013 2014 2015

Industry 159
Al Maha Ceramics S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing and Sale of Ceramic Tiles
30000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 63, Expatriates: 117 - Total: 180 as on 31.12.15 Omani 25000

GCC
Key Staff 20000
Arabs not GCC
Arvind Bindra : CEO
Foreigners
15000

Main Shareholders (Holding 5% and more shares)


AL ANWAR HOLDINGS S.A.O.G : 21.26% 10000
MASSOUD HUMAID MALIK AL HARTHY : 6.6%
HSBC A/C MINISTRY OF DEFENCE PENSION FUND : 5.7% Omani GCC Arabs not GCC Foreigners Total 5000
MUSTAFA SULTAN ENTERPRISES LLC : 5.7% Nos 5,471 23 - 2 5,496
Value 20,096,977 166,845 - 19 20,263,841
0
% 99% 1% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Brig. Masoud Humaid Malik Al Harthy : Chairman 2014 2015
Deputy Chairman & 0.620
Abdulredha Mustafa Sultan : Chairman - Audit Com-
mittee 0.555
Director & Chairman -
Shabir Moosa Abdullah Al Yousef : Executive Committee 0.490
Qaboos Abdullah Al Khonji : Director
Mahmood Al-Riyami : Director 0.425
Abdul Aziz Masoud Al Harthy : Director
0.360
Mehdi Mohammed Al Abduwani : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 16,307 33,828 - - -
Value of Trading (RO000) 8,813 21,106 - - -
Other Information No of trades executed 6,125 30,274 - - -
Established : 2005 Yearly High price (RO) 0.636 0.708 - - -
Auditors : Ernst & Young Yearly low price (RO) 0.386 0.378 - - -
Legal Advisor : SASLO Closing price (RO) 0.386 0.526 - - -
Price Earnings Ratio (Multiplier) 2.097 9.741 - - -
Market Capitalisation (RO000) 20,265 26,300 - - -

160 Construction Materials Support


Al Maha Ceramics S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 9,785 10,801 9,768 - - Cashflow from operating activities 2,668 3,366 3,673 - -
Cost of Sales (5,618) (6,202) (5,501) - -
Cashflow from investing activities (513) (1,410) (580) - -
Gross Profit 4,168 4,599 4,267 - -
Other income 28 41 56 - - Cashflow from financing activities (1,910) (1,891) (3,139) - -
Total Income 4,195 4,640 4,323 - - Net change in cash & cash equivalents 245 65 (46) - -
Operating expenses (1,443) (1,407) (1,409) - -
Other Gains/ (losses) (9) (159) (183) - - Key Financial indicators
Income Tax (342) (371) (217) - -
Net profit for the year 2,401 2,703 2,514 - - Profitability
Other comprehesnive income - - - - - Net Profit ratio % 25% 25% 26% - -
Total comprahensive income 2,401 2,703 2,514 - -
Return on Equity % 25% 30% 37% - -
Financial Position Earning per share (RO) 0.046 0.054 0.053 - -
Statement of Financial Position
Cash dividend (RO000) 1,838 1,750 500 - -
Assets
Non-current assets Cash dividend ratio % 35.0% 35% 10% - -
Tangible assets 8,265 8,194 7,874 - - Stock dividend (RO000) - 250 - - -
Investments 225 225 225 - -
Other assets - - - - - Stock dividend ratio % - 5% - - -
8,490 8,419 8,099 - - Financial Position
Current assets
Authorised Capital (RO000) 70,000 70,000 70,000 - -
Investments 179 390 - - -
Receivables & prepayments 2,144 2,130 1,867 - - Par value per share (RO) 0.100 0.100 0.100 - -
Inventories 1,747 1,807 1,763 - - Net assets / Book value per share (RO) 0.184 0.180 0.139 - -
Cash & bank balances 392 147 83 - -
Other assets - - - - - Equity Ratio % 75% 70% 58% - -
4,462 4,474 3,713 - - Debt Ratio % 5% 3% 15% - -
Total assets 12,952 12,893 11,812 - - Current ratio 2 1 1 - -
Liabilities
Non-current Liabilities Liquid ratio 1 1 - - -
Borrowings 126 245 360 - - Inventory turnover (days) 113 - - - -
Other liabilities 521 486 460 - -
Avg. collection period (days) 80 72 70 - -
647 731 820 - -
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 143 160 1,409 - -
Payables & accruals 2,496 2,988 2,772 - - Net
Net Profit
Prot Total
Total Dividend
Dividend
Other liabilities - - - - - 3000
2,639 3,148 4,181 - - 2400
Total liabilities 3,286 3,879 5,001 - -
1800
Equity
Share capital 5,250 5,000 5,000 - - 1200
Retained earnings 3,211 3,050 1,117 - - 600
Others 1,205 964 694 - -
Net-worth 9,666 9,014 6,811 - - 0
2011 2012 2013 2014 2015

Industry 161
Abrasives Manufacturing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing and Selling of Abrasive Materials

2000 Assets Market Capitalisation Net-worth Equity


No of staff
1750
Omani: 18, Expatriates: 18 - Total: 36 Omani
GCC 1500

Key Staff Arabs not GCC 1250


Eng.Sadiq M. Habib Al Lawati : Director
Foreigners
1000
Main Shareholders (Holding 5% and more shares)
750
Mohammed bin Habib Salman Lawati : 14.63%
Hassan Abdullah Habib Al Lawati legal heirs : 13.34% 500
Philmut Spezial Maschinenbau GMBH : 10% Omani GCC Arabs not GCC Foreigners Total
Mazoon United Co LLC : 5% Nos 200 3 - 1 204 250
legal heirs of Ahmed Ibrahim Ahmed Al Karani : 5% Value 42,230 2,770 - 5,000 50,000
0
Al Bustan Auto Service Station : 5% % 84.5% 5.5% 0.0% 10.0% 100% 2011 2012 2013 2014 2015
Hassan Ehsan Nasseb Al Nasseb : 5%
Share Closing Price Index - Monthly for 2 years

2014 2015
0.250
Board of Directors
Nabeel bin Mohamad bin Habib : Chairman till 28 May 2015
Awos Bin Issa Naser Al-Hoti : Deputy Chairman till 28 May 2015
Yosef Ahmed Ibrahim Al-Karani : Member / Vice Chairman since 28 May 2015 0.125

Dr. Eng. Helmut Philipps : Member


Mahfoodh Issa Nasser Al-Hoti : Member till 28 May 2015
Sadiq Mohamed Habib Al Lawati : Member / Chairman since 28 May 2015 0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - 55 -
Other Information Value of Trading (RO000) - - - 3 -
Established : 7/7/1997 No of trades executed - - - 10 -
Auditors : Baker Tilly MKM Oman Yearly High price (RO) 0.050 0.050 0.050 0.097 0.097
Homoud Al-Siyabi & Ali Yearly low price (RO) 0.050 0.050 0.050 0.050 0.097
Legal Advisor : Abdul aziz & Ahmed Ramoun Lawyers & Legal
Consultancy Closing price (RO) 0.050 0.050 0.050 0.050 0.097
Price Earnings Ratio (Multiplier) (0.225) (0.243) (0.265) (0.141) (0.542)
Market Capitalisation (RO000) 50 50 50 50 97

162 Construction Materials Support


Abrasives Manufacturing Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue (13) - 6 44 74 Cashflow from operating activities (177) (161) (149) (160) (94)
Cost of Sales (13) (13) (15) (41) (63)
Cashflow from investing activities 7 7 8 5 5
Gross Profit 7 (13) (9) 3 11
Other income (6) 7 8 28 30 Cashflow from financing activities 170 153 139 127 113
Total Income (217) (6) (1) 31 41 Net change in cash & cash equivalents - (1) (2) (28) 24
Operating expenses - (200) (188) (385) (220)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (223) - - - -
Net profit for the year 1 (206) (189) (354) (179) Profitability
Other comprehesnive income (222) (33) 48 3 (26) Net Profit ratio % - - (3,150%) (805%) (242%)
Total comprahensive income - (239) (141) (351) (205)
Return on Equity % 14% 16% 18% 38% 31%
Financial Position Earning per share (RO) (0.223) (0.206) (0.189) (0.354) (0.179)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 1,044 1,060 1,076 1,104 1,122 Stock dividend (RO000) - - - - -
Investments 153 153 186 137 134 Stock dividend ratio % - - - - -
Other assets - - - - -
1,197 1,213 1,262 1,241 1,256 Financial Position
Current assets Authorised Capital (RO000) 3,000 3,000 3,000 3,000 3,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments - 2 14 17 46
Inventories 34 34 34 35 187 Net assets / Book value per share (RO) (1.536) (1.314) (1.074) (0.935) (0.582)
Cash & bank balances - 1 1 3 32 Equity Ratio % (125%) (105%) (82%) (72%) (38%)
Other assets - - - - -
34 37 49 55 265 Debt Ratio % - 187% 166% 158% 126%
Total assets 1,232 1,250 1,311 1,296 1,521 Current ratio - - - - -
Liabilities Liquid ratio - - - - -
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 976 955 827 312 1,083
Other liabilities - - - 9 10 Avg. collection period (days) - - 852 141 227
- - - 9 10
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 2,504 2,335 2,182 2,043 1,916 Net Profit Total Dividend
Payables & accruals 263 229 203 179 177 400
Other liabilities - - - - -
2,767 2,564 2,385 2,222 2,093 200
Total liabilities 2,767 2,564 2,385 2,231 2,103
0
Equity
Share capital 1,000 1,000 1,000 1,000 1,000 -200
Retained earnings (2,620) (2,397) (2,191) (2,002) (1,647)
Others 84 83 117 67 65 -400
2011 2012 2013 2014 2015
Net-worth (1,536) (1,314) (1,074) (935) (582)

Industry 163
Al Anwar Ceramic Tiles Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing & Selling Glazed Ceramic Wall, Floor and Decorative Tiles
160000 Assets Market Capitalisation Net-worth Equity
No of staff
140000
Omani: 101 Expatriates:242 - Total: 343 Omani
120000
GCC
Key Staff Arabs not GCC 100000
Mr. Abdul Kadir Shamsuddin Managing Director
Foreigners
80000

Main Shareholders (Holding 5% and more shares) 60000


Al Jazeera Services S.A.O.G : 36.991%
Public Establishment for Social Security : 5.951% 40000

HSBC account of Min of Defence : 5.722% Omani GCC Arabs not GCC Foreigners Total
20000
Al Sharqiya Investment LLC : 5% Nos 780 20 1 1 802
Value 81,970,480 8,077,393 430 575 90,048,878 0
2011 2012 2013 2014 2015
% 91.0% 9.0% 0.0% 0.0% 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Hussain Ali Habib Sajwani : Chairman 2014 2015

Mr. Adil Taqi : Vice Chairman 0.650

Mr. A.Shamsuddin : Managing Director


Mr. Sofyan Khatib : Director
Mr. Jamal Said Al Taie : Director 0.465
Mr. Saud Ali Salim Al Senaidi : Director

0.280
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 51,658 42,456 65,525 47,755 62,294
Value of Trading (RO000) 20,722 24,046 29,965 17,401 19,267
Other Information
No of trades executed 3,028 2,505 4,732 3,598 9,592
Established : 1997
Yearly High price (RO) 0.506 0.624 0.584 0.431 0.370
Auditors : Moore Stephens
Yearly low price (RO) 0.296 0.332 0.385 0.318 0.260
Legal Advisor : Mansour Jamal/WR Advocates
Closing price (RO) 0.304 0.502 0.582 0.414 0.325
Price Earnings Ratio (Multiplier) 13.775 12.550 17.118 14.786 10.833
Market Capitalisation (RO000) 90,049 123,916 136,823 84,632 63,274

164 Construction Materials Support


Al Anwar Ceramic Tiles Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 27,443 28,778 26,408 22,454 18,602 Cashflow from operating activities 7,746 5,250 10,849 6,242 (7,178)
Cost of Sales (14,426) (13,900) (13,192) (11,479) (9,376)
Cashflow from investing activities (3,038) (645) (7,082) (4,197) (5,152)
Gross Profit 13,016 14,878 13,216 10,975 9,226
Other income 439 2,138 850 485 576 Cashflow from financing activities (6,182) (4,736) (3,084) (2,936) (1,131)
Total Income 13,456 17,016 14,066 11,460 9,802 Net change in cash & cash equivalents (1,474) (131) 684 (891) 896
Operating expenses (6,038) (5,965) (5,112) (4,067) (3,292)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (881) (1,285) (1,069) (896) (762)
Net profit for the year 6,537 9,766 7,885 6,497 5,748 Profitability
Other comprehesnive income (389) (656) (70) 2 (79) Net Profit ratio % 24% 34% 30% 29% 31%
Total comprahensive income 6,148 9,110 7,815 6,499 5,669
Return on Equity % 16% 24% 21% 20% 20%
Financial Position Earning per share (RO) 0.022 0.040 0.032 0.032 0.030
Statement of Financial Position Cash dividend (RO000) 5,924 6,171 4,702 3,066 2,920
Assets
Non-current assets Cash dividend ratio % 20.0% 25% 20% 15% 15%
Tangible assets 20,493 21,415 20,182 17,252 15,170 Stock dividend (RO000) - 4,937 1,175 3,066 973
Investments 4,653 6,436 8,072 9,578 3,413 Stock dividend ratio % - 20% 5% 15% 5%
Other assets - - - - -
25,146 27,851 28,254 26,830 18,583 Financial Position
Current assets Authorised Capital (RO000) 35,000 35,000 25,000 25,000 25,000
Investments 8,591 5,000 4,550 - 5,650
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 8,815 8,437 6,260 5,304 4,376
Inventories 3,946 4,805 3,059 3,262 2,295 Net assets / Book value per share (RO) 0.140 0.168 0.158 0.150 0.148
Cash & bank balances 449 1,923 2,054 1,370 2,261 Equity Ratio % 88% 86% 84% 88% 87%
Other assets - - - - -
21,801 20,165 15,923 9,936 14,582 Debt Ratio % 4% - - - -
Total assets 46,946 48,016 44,177 36,766 33,165 Current ratio 6 4 3 3 4
Liabilities Liquid ratio 5 3 2 2 3
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 100 126 85 104 89
Other liabilities 1,674 1,457 1,139 898 650 Avg. collection period (days) 117 107 87 86 86
1,674 1,457 1,139 898 650
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings - - - - - Net Profit Total Dividend
Payables & accruals 3,834 5,097 5,985 3,563 3,788 10000
Other liabilities - - - - -
8000
3,834 5,097 5,985 3,563 3,788
Total liabilities 5,508 6,554 7,124 4,461 4,438 6000
Equity 4000
Share capital 29,621 24,684 23,509 20,443 19,469
2000
Retained earnings 6,913 12,138 9,226 8,262 6,308
Others 4,904 4,640 4,318 3,600 2,950 0
2011 2012 2013 2014 2015
Net-worth 41,438 41,462 37,053 32,305 28,727

Industry 165
Al Jazeera Steel Products Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing of Steel Products
90000 Assets Market Capitalisation Net-worth Equity
No of staff 81000
Omani: 221, Expatriates: 393 - Total: 614 Omani 72000
GCC 63000
Key Staff Arabs not GCC
Mr. A N Venkataraghavan: CEO 54000
Foreigners
45000

Main Shareholders (Holding 5% and more shares) 36000


HSBC A/C BNY A/C GLOBAL BUYOUT FUND L.P : 51.00% 27000
State General Reserve : 7.25%
Omani GCC Arabs not GCC Foreigners Total 18000
Civil Service Employee Pension Fund : 5.88%
Nos 706 19 19 79 823 9000
Value 5,437,463 461,186 34,585 6,556,562 12,489,796
0
% 43.5% 3.7% 0.3% 52.5% 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Sulaiman M. AlRubaie : Chairman 2014 2015

Mr. Rajeev Kulkarni : Deputy Chairman 0.500

Mr. Ghanem S. Al Ghenaiman : Director 0.420


Mr. Taqi Ali Sultan : Director 0.340
Mr. Sharad Deoraj Jain : Director
0.260
Mr. Yasser Abdullah Salim Al Rashdi : Director
Mr. Gkce Manav : Director 0.180
Mr. Ahmad Khamis : Director 0.100
Mr. Marco Botros : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 31,829 29,466 72,049 69,483 72,603
Value of Trading (RO000) 5,977 12,414 21,956 19,669 20,875
Other Information No of trades executed 1,848 2,313 4,601 7,110 13,546
Established : 27 June 1996 Yearly High price (RO) 0.362 0.480 0.354 0.310 0.339
Auditors : KPMG Oman
Yearly low price (RO) 0.116 0.310 0.283 0.249 0.233
Legal Advisor : Mohammed Ibrahim Law Firm
Closing price (RO) 0.136 0.336 0.338 0.307 0.252
Price Earnings Ratio (Multiplier) 9.904 8.000 9.389 11.370 10.500
Market Capitalisation (RO000) 16,986 41,966 42,216 38,344 31,475

166 Construction Materials Support


Al Jazeera Steel Products Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 68,862 95,331 88,371 98,315 91,197 Cashflow from operating activities 14,230 4,002 11,801 (768) 4,950
Cost of Sales (61,235) (81,975) (76,615) (86,979) (81,155)
Cashflow from investing activities (892) (1,321) (369) (858) (774)
Gross Profit 7,627 13,356 11,756 11,336 10,042
Other income - - - - - Cashflow from financing activities (13,014) (2,454) (10,545) 1,597 (4,477)
Total Income 7,627 13,356 11,756 11,336 10,042 Net change in cash & cash equivalents 323 227 887 (29) (301)
Operating expenses (5,888) (7,269) (6,481) (7,828) (6,988)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (24) (881) (722) (90) (23)
Net profit for the year 1,715 5,206 4,553 3,418 3,031 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 2% 5% 5% 3% 3%
Total comprahensive income 1,715 5,206 4,553 3,418 3,031
Return on Equity % 4% 13% 12% 10% 9%
Financial Position Earning per share (RO) 0.014 0.042 0.036 0.027 0.024
Statement of Financial Position Cash dividend (RO000) 1,124 2,748 2,498 1,998 1,873
Assets
Non-current assets Cash dividend ratio % 9.0% 22% 20% 16% 15%
Tangible assets 22,100 23,220 23,902 25,752 27,241 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
22,100 23,220 23,902 25,752 27,241 Financial Position
Current assets Authorised Capital (RO000) 15,000 15,000 15,000 15,000 15,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 17,774 26,158 24,949 25,968 25,429
Inventories 11,144 22,909 18,273 27,805 20,503 Net assets / Book value per share (RO) 0.312 0.321 0.299 0.278 0.266
Cash & bank balances 2,887 2,502 2,276 1,434 1,648 Equity Ratio % 72% 54% 54% 43% 44%
Other assets - - - - -
31,805 51,569 45,498 55,207 47,580 Debt Ratio % 2% 29% 31% 37% 36%
Total assets 53,905 74,789 69,400 80,959 74,821 Current ratio 2 2 2 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings - 2,003 4,003 6,003 1,155 Inventory turnover (days) 66 102 87 117 92
Other liabilities 946 1,015 912 1,047 941 Avg. collection period (days) 94 100 103 96 102
946 3,018 4,915 7,050 2,096
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 11,290 19,492 17,448 24,040 25,603 Net Profit Total Dividend
Payables & accruals 2,663 12,240 9,706 15,093 13,891 6000
Other liabilities - - - - - 5000
13,953 31,732 27,154 39,133 39,494
4000
Total liabilities 14,899 34,750 32,069 46,183 41,590
3000
Equity
2000
Share capital 12,490 12,490 12,490 12,490 12,490
Retained earnings 9,317 10,521 8,333 6,234 5,031 1000
Others 17,199 17,028 16,508 16,052 15,710 0
2011 2012 2013 2014 2015
Net-worth 39,006 40,039 37,331 34,776 33,231

Industry 167
Construction Materials Industries & Contracting Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Lime Products: It is used for manufacturing Calcium silicate Bricks and blocks, Manu-
facturing aerated concrete blocks, Chemical and Petrochemical process, Metallurgical
14000 Assets Market Capitalisation Net-worth Equity
processing, sugar industries, construction, sewage treatment, paint industry, steel
industry etc.
12000
Omani
No of staff GCC 10000
Omani: 28 , Expatriates: 74 - Total: 102 Arabs not GCC
8000
Foreigners
Key Staff
6000
MR. TALAL NASER OQLAH General Manager
MR. SALIM AMUR HABIB AL HADI Advisor HR& Admin 4000
MR. P.K.RAJEEVAN Plant Manager Omani GCC Arabs not GCC Foreigners Total
2000
MR. N.V.SANTHOSH Accounts Manager Nos 820 16 - 2 838
MRS.SHEIKHA ALI MOH'D AL BALUSHI HR Manager Value 2,488,838 145,356 - 806 2,635,000
0
% 94% 6% - - 100% 2011 2012 2013 2014 2015

Main Shareholders (Holding 5% and more shares) Share Closing Price Index - Monthly for 2 years
Shaikh Sulaiman Ahmed Said Al Hoqani : 41.49%
2014 2015
First National : 7.79%
0.080
Mr. Ahmed Alawi Abdullah Al Ibrahim : 5.35%
0.065

0.050
Board of Directors
Mr. Ahmed Ali Al Hooqani : Chairman 0.035

Mr. Faris Mahmoud Fadhlallah : Ex Vice-Chairman


0.020
Mr. Nabil Eisa Al Hasani : Vice-Chairman Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Hussam Hisham Bostami : Director
Mr. Wassem Salah Qaraeen : Director Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 41,710 37,429 230,202 105,832 23,032
Mr. Jalal Hamed Abdul H. Al Qaysi Director
Value of Trading (RO000) 1,709 2,334 16,704 6,282 1,395
No of trades executed 1,819 2,287 9,414 5,722 2,451
Other Information
Yearly High price (RO) 0.051 0.075 0.087 0.071 0.074
Established : 1977
Yearly low price (RO) 0.030 0.035 0.053 0.037 0.038
Auditors : PWC
Closing price (RO) 0.031 0.036 0.070 0.054 0.044
Legal Advisor : Rajab al kathere
Price Earnings Ratio (Multiplier) (40.928) (4.000) (4.667) (54.000) (4.889)
Market Capitalisation (RO000) 2,635 3,060 5,950 4,590 3,740

168 Construction Materials Support


Construction Materials Industries & Contracting Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 2,296 2,450 3,366 3,395 3,204 Cashflow from operating activities 12 187 246 187 825
Cost of Sales (2,066) (2,427) (3,846) (3,141) (3,080)
Cashflow from investing activities 146 (237) (97) 51 (677)
Gross Profit 231 23 (480) 254 124
Other income 99.9 79 36 95 18 Cashflow from financing activities (162) 40 (175) (193) (337)
Total Income 330 102 (444) 349 142 Net change in cash & cash equivalents (4) (10) (26) 45 (189)
Operating expenses (519) (1,100) (973) (468) (765)
Other Gains/ (losses) - - - 90 - Key Financial indicators
Income Tax 124 201 101 (37) (78)
Net profit for the year (64) (797) (1,316) (66) (701) Profitability
Other comprehesnive income - (267) - (1) (56) Net Profit ratio % (3%) (33%) (36%) (2%) (22%)
Total comprahensive income (64) (1,064) (1,316) (67) (757)
Return on Equity % (1%) (14%) (20%) (1%) (9%)
Financial Position Earning per share (RO) (0.001) (0.009) (0.015) (0.001) (0.009)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 5,909 5,806 7,133 7,950 8,218 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets 54 - - - -
5,963 5,806 7,133 7,950 8,218 Financial Position
Current assets Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Investments - - - 91 340
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 438 399 604 713 775
Inventories 1,022 1,010 910 1,343 1,068 Net assets / Book value per share (RO) 0.065 0.066 0.078 0.094 0.095
Cash & bank balances 146 166 175 202 157 Equity Ratio % 73% 71% 76% 78% 76%
Other assets - 491 - - -
1,607 2,066 1,689 2,349 2,340 Debt Ratio % 3% 14% 12% 11% 11%
Total assets 7,570 7,872 8,822 10,299 10,558 Current ratio 1 1 1 2 2
Liabilities Liquid ratio - 1 1 1 1
Non-current Liabilities
Borrowings - 348 403 563 744 Inventory turnover (days) 181 152 86 156 127
Other liabilities 205 172 392 505 501 Avg. collection period (days) 70 59 65 77 88
205 520 795 1,068 1,245
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 859 748 613 540 469 Net Profit Total Dividend
Payables & accruals 966 1,000 747 708 793 1400
Other liabilities - - - - - 1000
1,825 1,748 1,360 1,248 1,262 600
Total liabilities 2,031 2,268 2,155 2,316 2,507 200
0
Equity -200
Share capital 8,500 8,500 8,500 8,500 8,500 -600
Retained earnings (3,200) (3,136) (2,072) (756) (689) -1000
Others 240 240 240 240 240 -1400
2011 2012 2013 2014 2015
Net-worth 5,539 5,604 6,667 7,983 8,051

Industry 169
National Aluminium Products Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Extrusion of aluminum profiles
32000 Assets Market Capitalisation Net-worth Equity
No of staff
28000
Omani: 77, Expatriates: 205 - Total: 282 Omani
24000
GCC
Key Staff Arabs not GCC 20000
Robert Holtkamp : CEO
Foreigners
16000

Main Shareholders (Holding 5% and more shares)


12000
Oman & Emirates Investment Holding Co. S.A.O.G : 10.13%
HSBC A/C MINISTRY OF DEFENCE PENSION FUND : 10% 8000
Al Ghadeer Investments : 7.008% Omani GCC Arabs not GCC Foreigners Total
4000
Tawasol Financial & investment services S.A.O.G : 6.434% Nos 647 4 - 4 655
Value 7,630,101 88,504 - 2,829 7,721,434
0
% 99% 1% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Robert Holtkamp : Chief Executive Officer 2014 2015

Mr. R Jayasankar : Chief Financial Officer 0.450

Mr. Hamid Al Rashid : Project Development Manager 0.402


Mr. Slavko Kovacev : Chief Operations Officer 0.354
Administration Manager & Compliance
Mr. Habib Mohsin Ali Al Lawaty : Officer 0.306
Mr. Salah Bin Khamis Al-Hammadi : Human Resource Manager
0.258
Mr. Mechur Jayachandran : Head of sales
0.210
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 14,601 47,579 171,825 38,417 33,430
Value of Trading (RO000) 3,813 15,665 52,439 9,640 16,193
Other Information No of trades executed 923 3,806 11,934 4,938 6,940
Established : 1984 Yearly High price (RO) 0.370 0.448 0.420 0.408 0.587
Auditors : Deloitte & Touche (M.E) & Co LLC Yearly low price (RO) 0.195 0.238 0.192 0.180 0.315
Office of The Hamdan Al Durey Closing price (RO) 0.230 0.322 0.408 0.195 0.404
Legal Advisor : Barristers & Legal Consultants
Price Earnings Ratio (Multiplier) 0.992 15.333 11.657 19.500 9.854
Market Capitalisation (RO000) 7,721 10,810 13,697 6,546 13,562

170 Construction Materials Support


National Aluminium Products Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 24,661 19,399 18,623 17,737 21,218 Cashflow from operating activities 2,903 (1,587) 1,030 3,712 395
Cost of Sales (21,458) (16,350) (15,251) (15,362) 17,418
Cashflow from investing activities (7,363) (1,599) (604) (522) (556)
Gross Profit 3,203 3,049 3,372 2,375 3,800
Other income 118 8 338 148 115 Cashflow from financing activities 5,047 2,511 130 (3,565) 594
Total Income 3,321 3,057 3,710 2,523 3,915 Net change in cash & cash equivalents 587 (675) 556 (375) 433
Operating expenses (2,440) (2,277) (2,342) (2,258) 2,342
Other Gains/ (losses) - 55 - 105 - Key Financial indicators
Income Tax (103) (134) (191) (33) (185)
Net profit for the year 779 701 1,177 337 1,388 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% 4% 6% 2% 7%
Total comprahensive income 779 701 1,177 337 1,388
Return on Equity % 9% 9% 15% 5% 19%
Financial Position Earning per share (RO) 0.023 0.021 0.035 0.010 0.041
Statement of Financial Position Cash dividend (RO000) 436 436 403 235 671
Assets
Non-current assets Cash dividend ratio % 13% 13% 12% 7% 20%
Tangible assets 11,406 4,865 4,058 4,384 4,815 Stock dividend (RO000) - - - - -
Investments 380 380 325 325 220 Stock dividend ratio % - - - - -
Other assets - - - - -
11,786 5,245 4,383 4,709 5,035 Financial Position
Current assets Authorised Capital (RO000) 3,357 3,357 3,357 3,357 3,357
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 8,905 7,706 5,323 6,431 7,251
Inventories 5,933 3,847 4,133 3,538 3,940 Net assets / Book value per share (RO) 0.255 0.245 0.236 0.208 0.218
Cash & bank balances 979 393 1,068 511 887 Equity Ratio % 31% 48% 53% 46% 43%
Other assets - - - - -
15,817 11,946 10,524 10,480 12,078 Debt Ratio % 21% 38% 24% 21% 36%
Total assets 27,603 17,191 14,907 15,189 17,113 Current ratio 1 2 2 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 5,331 666 - - - Inventory turnover (days) 101 86 99 84 83
Other liabilities 380 377 380 365 388 Avg. collection period (days) 132 145 104 132 125
5,711 1,043 380 365 388
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 6,616 5,797 3,550 3,185 6,079 Net Profit Total Dividend
Payables & accruals 6,701 2,117 3,041 4,646 3,318 1400
Other liabilities - - - - - 1200
13,317 7,914 6,591 7,831 9,397 1000
Total liabilities 19,028 8,957 6,971 8,196 9,785 800
Equity 600
Share capital 3,357 3,357 3,357 3,357 3,357 400
Retained earnings 4,100 3,357 3,460 2,517 2,851 200
Others 1,119 1,119 1,119 1,119 1,120 0
2011 2012 2013 2014 2015
Net-worth 8,576 8,234 7,936 6,993 7,328

Industry 171
Oman Ceramics Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing and sale of vitreous china sanitary ware.

7000 Assets Market Capitalisation Net-worth Equity


No of staff
Omani: 113, Expatriates: 226 - Total: 339 6000
Omani
GCC 5000
Key Staff Arabs not GCC
Vish Natrajan : CEO 4000
Foreigners

Main Shareholders (Holding 5% and more shares) 3000

Middle East Investment LLC : 30.008%


2000
Diwan of Royal Court Pension Fund : 15.11%
Rajin Jousef Paul : 5.74% Omani GCC Arabs not GCC Foreigners Total
1000
Suhail S Abdullah Al Muskaini Bhawan : 5.46% Nos 121 2 - 1 124
Value 845,068 2,188 - 448 847,704
0
% 99.7% 0.3% - 0.1% 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Ms. Amal Suhail Bahwan : Chairman 2014 2015
0.500
Mr. Saleh Nasser Al Riyami : Deputy Chairman
Mr. Abdul Kader Darwish Al Balushi : Director
Mr. Rahul Kar : Director
Mr. Salah Abdullah Saed Al Zakhwani : Director 0.465
Mr. Rajan Paul : Director
Mr. Ahmad Muhieddine EL Safah : Director
0.430
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 110 433 68 43 -
Value of Trading (RO000) 50 195 35 22 -
Other Information No of trades executed 11 12 41 41 -
Established : 1999 Yearly High price (RO) 0.494 0.490 0.599 0.750 0.749
Auditors : Deloitte & Touche Yearly low price (RO) 0.448 0.450 0.485 0.211 0.749
Rajab Al Kathiri & Associates for
Legal Advisor : Legal Consultants Closing price (RO) 0.448 0.450 0.490 0.501 0.749
Price Earnings Ratio (Multiplier) 264.069 5.172 98.000 6.110 12.081
Market Capitalisation (RO000) 848 851 927 948 1,417

172 Construction Materials Support


Oman Ceramics Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 4,145 4,136 3,810 4,134 3,674 Cashflow from operating activities 269 350 90 525 81
Cost of Sales (3,304) (3,210) (3,030) (3,094) (2,540)
Cashflow from investing activities (91) (144) (178) (153) (74)
Gross Profit 841 926 780 1,040 1,134
Other income 9 46 13 1 6 Cashflow from financing activities (205) (196) 113 (356) (8)
Total Income 850 972 793 1,041 1,140 Net change in cash & cash equivalents (28) 10 25 16 (1)
Operating expenses (806) (921) (887) (1,057) (1,199)
Other Gains/ (losses) (11.9) 113 104 171 175 Key Financial indicators
Income Tax - - - - -
Net profit for the year 32 164 10 155 116 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 1% 4% 0% 4% 3%
Total comprahensive income 32 164 10 155 116
Return on Equity % 3% 16% 1% 18% 16%
Financial Position Earning per share (RO) 0.017 0.087 0.005 0.082 0.062
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 2,670 2,772 2,946 3,037 3,164 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
2,670 2,772 2,946 3,037 3,164 Financial Position
Current assets Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 1,275 1,404 1,165 999 1,119
Inventories 1,371 1,332 1,190 1,055 993 Net assets / Book value per share (RO) 0.566 0.549 0.462 0.457 0.375
Cash & bank balances 34 136 102 78 61 Equity Ratio % 20% 18% 16% 17% 13%
Other assets - - - - -
2,680 2,872 2,457 2,132 2,173 Debt Ratio % 62% 42% 47% 43% 69%
Total assets 5,349 5,644 5,403 5,169 5,337 Current ratio 3 3 2 3 2
Liabilities Liquid ratio 1 1 1 2 1
Non-current Liabilities
Borrowings 3,167 1,900 2,082 2,066 3,229 Inventory turnover (days) 151 151 143 124 143
Other liabilities 145 1,557 1,448 1,538 412 Avg. collection period (days) 112 124 112 88 111
3,311 3,457 3,530 3,604 3,641
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 520 486 461 143 427 Net Profit Total Dividend
Payables & accruals 446 662 537 557 559 200
Other liabilities - - - - -
160
967 1,148 998 700 986
Total liabilities 4,278 4,605 4,528 4,304 4,627 120
Equity 80
Share capital 1,892 1,892 1,892 1,892 1,892
40
Retained earnings (910) (939) (1,087) (1,096) (1,236)
Others 89 86 70 69 54 0
2011 2012 2013 2014 2015
Net-worth 1,072 1,039 875 865 710

Industry 173
Computer Stationery Industry S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
The principal activity of the Company is manufacture and sale of continuous stationery.

6000 Assets Market Capitalisation Net-worth Equity


No of staff 5500
Omani: 7, Expatriates: 13 - Total: 20 Omani 5000

GCC 4500
Key Staff 4000
Arabs not GCC
Rangarajan Ramachandran : General Manager 3500
Foreigners
3000
Main Shareholders (Holding 5% and more shares) 2500
Muscat Overseas LLC : 29.82 % 2000
Oman Holding International SAOC : 26.11 % 1500
Oman and Emirates Investment Holding Company S.A.O.G : 14.44 % Omani GCC Arabs not GCC Foreigners Total 1000
H.E. Hassan Ehsan Naseeb : 10.00 % Nos 114 1 - - 115
500
Saud Company Ltd (Oman Arab Bank) : 5.00 % Value 2,599,727 273 - - 2,600,000
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Mr. Mehdi Bin Mohamed Jawad Al Abduwani : Chairman 2014 2015
0.350
Mr. Ali Mohamed Zabnoot : Deputy Chairman
Mr. Zaki Hassan Ehsan Naseeb Al Naseeb : Director
Mr. Ammar Bin Maqbool Al Saleh : Director
Mr. Ranga Gorur : Director 0.295
Mr. Himansu Mohapatra : Director
Mr. Said Al-Kharusi : Director
0.240
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 60 197 2 2 -
Value of Trading (RO000) 16 49 1 1 -
Other Information No of trades executed 23 52 2 2 -
Established : 1984 Yearly High price (RO) 0.290 0.326 0.326 0.325 0.325
Auditors : Horwath Mak Ghazali LLC Yearly low price (RO) 0.252 0.235 0.293 0.293 0.325
Legal Advisor : Rajab Al-Kathiri & Associates
Closing price (RO) 0.260 0.254 0.326 0.325 0.325
Price Earnings Ratio (Multiplier) 7.027 8.194 14.174 40.625 (81.250)
Market Capitalisation (RO000) 2,600 2,540 3,260 3,250 3,250

174 Paper, Packaging & Glass


Computer Stationery Industry S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 2,596 2,912 3,048 3,708 3,513 Cashflow from operating activities 674 793 946 725 292
Cost of Sales (1,649) (1,987) (2,189) (2,871) (2,840)
Cashflow from investing activities (4) 2 (10) (75) (348)
Gross Profit 947 925 859 837 673
Other income 76 54 101 68 64 Cashflow from financing activities (619) (329) (237) (174) (166)
Total Income 1,023 979 960 905 737 Net change in cash & cash equivalents 52 466 699 476 (222)
Operating expenses (610) (630) (703) (840) (770)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (45) (36) (24) 12 (9)
Net profit for the year 368 313 233 77 (42) Profitability
Other comprehesnive income - - - - - Net Profit ratio % 14% 11% 8% 2% (1%)
Total comprehensive income 368 313 233 77 (42)
Return on Equity % 15% 14% 11% 4% (2%)
Financial Position Earning per share (RO) 0.037 0.031 0.023 0.008 (0.004)
Statement of Financial Position
Cash dividend (RO000) 200 200 150 - -
Assets
Non-current assets Cash dividend ratio % 20% 20% 15% - -
Tangible assets 1,849 2,075 2,328 2,607 2,839
Stock dividend (RO000) - - - - -
Investments - - - - -
Other assets 178 184 193 203 213 Stock dividend ratio % - - - - -
2,027 2,259 2,521 2,810 3,052
Financial Position
Current assets
Investments - - - - - Authorised Capital (RO000) 2,000 2,000 2,000 2,000 2,000
Receivables & prepayments 853 845 1,010 1,337 1,277 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Inventories 195 347 410 469 872
Net assets / Book value per share (RO) 0.245 0.228 0.212 0.189 0.181
Cash & bank balances 461 409 306 119 65
Other assets - - - - - Equity Ratio % 69% 59% 50% 40% 34%
1,509 1,601 1,726 1,925 2,214 Debt Ratio % 10% 20% 31% 43% 50%
Total assets 3,535 3,860 4,247 4,735 5,266
Current ratio 3 2 1 1 1
Liabilities
Non-current Liabilities Liquid ratio 2 1 1 1 1
Borrowings 264 384 518 697 869 Inventory turnover (days) 43 64 68 60 112
Other liabilities 243 234 234 252 281
507 618 752 949 1,150 Avg. collection period (days) 120 106 121 132 133
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 120 384 792 1,361 1,785
Payables & accruals 457 573 582 536 520 Net Profit Total Dividend
400
Other liabilities - - - - -
577 957 1,374 1,897 2,305 275
Total liabilities 1,083 1,575 2,126 2,846 3,455
Equity 150
Share capital 1,000 1,000 1,000 1,000 1,000 25
Retained earnings 991 829 670 448 378 0
Others 461 456 451 441 433
-100
Net-worth 2,452 2,285 2,121 1,889 1,811 2011 2012 2013 2014 2015

Industry 175
Gulf Plastic Industries Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturer of Flexible Intermediate Bulk Containers, Polypropylene Woven Sacks,
Polypropylene Webbing Polyethylene Liners & Polystyrene Cups & Bowls
5000 Assets Market Capitalisation Net-worth Equity
4500
No of staff
Omani 4000
Omani : 81, Expatriates : 222 - Total : 303
GCC
3500
Arabs not GCC
Key Staff 3000
M. Asok Kumar : General Manager Foreigners
2500

2000
Main Shareholders (Holding 5% and more shares)
1500
Ms. Khulood Mohammed Rashid Al Fannah Al Araimi : 22.00%
Ms. Budoor Mohammed Rashid Al Fannah Al Araimi : 22.00% Omani GCC Arabs not GCC Foreigners Total 1000
Al Siraj Investment Holding LLC : 19.62% Nos 735 14 - 6 755 500
Sh. Salem Bin Said Al Fannah Al Araimi : 17.66% Value 389,983 15 - 2 390,000
Al Baraka Investment : 8.237% 0
% 100.0% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Mohammed Ali Al Fannah Al Araimi : Chairman 0.420
Budoor Mohammed Rashid Al Fannah Al Araimi : Vice -Chairperson
0.315
Zaki Hassan Al Naseeb : Director
Khulood Mohammed Rashid Al Fannah Al Araimi : Director 0.210
Fidwa Salim Said Al Fannah Al Araimi : Director
0.105

0.000
Other Information Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Established : November 27, 1996


Trading Information 2015 2014 2013 2012 2011
Auditors : Abu Timam - Grant Thornton
No of Shares Traded (000) 25 - 1 - 1
Mohsin Al-Hadad & Amur Al- Kiyumi & Partners Advocates
Legal Advisor : and Legal Consultants Value of Trading (RO000) 10 - - - 1
No of trades executed 4 - 1 4 4
Yearly High price (RO) 0.390 0.390 0.427 0.390 0.389
Yearly low price (RO) 0.390 0.390 0.389 0.389 0.389
Closing price (RO) 0.390 0.390 0.390 0.389 0.389
Price Earnings Ratio (Multiplier) 10.428 1.378 1.466 1.216 1.995
Market Capitalisation (RO000) 390 390 390 389 389

176 Paper, Packaging & Glass


Gulf Plastic Industries Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 5,292 5,409 5,292 4,949 4,434 Cashflow from operating activities 1,002 396 385 386 304
Cost of Sales (4,448) (4,664) (4,519) (4,168) (3,911)
Cashflow from investing activities (1,043) (100) (35) (68) (33)
Gross Profit 844 745 773 781 523
Other income 103 99 46 57 53 Cashflow from financing activities (159) (253) (260) (337) (287)
Total Income 947 844 819 838 576 Net change in cash & cash equivalents (200) 43 91 (19) (16)
Operating expenses (526) (499) (517) (474) (431)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (47) (61) (36) (44) 50
Net profit for the year 374 284 266 320 195 Profitability
Other comprehesnive income - 192 - - - Net Profit ratio % 7% 5% 5% 6% 4%
Total comprahensive income 374 476 266 320 195
Return on Equity % 14% 12% 14% 20% 15%
Financial Position Earning per share (RO) 0.374 0.283 (0.266) 0.320 0.195
Statement of Financial Position Cash dividend (RO000) 200 - - - -
Assets
Non-current assets Cash dividend ratio % 20.0% - - - -
Tangible assets 2,071 1,233 1,145 1,335 1,500 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - 7 50
2,071 1,233 1,145 1,342 1,550 Financial Position
Current assets Authorised Capital (RO000) 2,000 2,000 2,000 2,000 2,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 984 1,198 1,070 1,026 939
Inventories 738 791 750 624 521 Net assets / Book value per share (RO) 2.731 2.357 1.880 1.615 1.295
Cash & bank balances 151 351 308 217 236 Equity Ratio % 69% 66% 57% 50% 40%
Other assets - - - - -
1,872 2,340 2,128 1,867 1,696 Debt Ratio % 6% 7% 15% 22% 29%
Total assets 3,944 3,573 3,273 3,209 3,246 Current ratio 2 2 2 2 2
Liabilities Liquid ratio 1 2 1 1 1
Non-current Liabilities
Borrowings - - 236 459 651 Inventory turnover (days) 61 62 61 55 49
Other liabilities 256 247 182 160 207 Avg. collection period (days) 68 81 74 76 77
256 247 418 619 858
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 91 250 253 260 300 Net Profit Total Dividend
Payables & accruals 866 719 722 715 793 500
Other liabilities - - - - -
400
957 969 975 975 1,093
Total liabilities 1,213 1,216 1,393 1,594 1,951 300
Equity 200
Share capital 1,000 1,000 1,000 1,000 1,000
100
Retained earnings 1,450 1,049 730 490 202
Others 281 308 150 125 93 0
Net-worth 2,731 2,357 1,880 1,615 1,295 2011 2012 2013 2014 2015

Industry 177
Majan Glass Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Glass containers manufacturing
24000 Assets Market Capitalisation Net-worth Equity
No of staff 22000
Omani: 62, Expatriates: 163 - Total:225 Omani 20000
18000
GCC
Key Staff 16000
Arabs not GCC
Ramesh Mani : CEO 14000
Foreigners
12000

Main Shareholders (Holding 5% and more shares) 10000

Oman Goverment represented by Ministry of Finance : 75.256% 8000


6000
Omani GCC Arabs not GCC Foreigners Total 4000
Nos 868 8 - 2 878 2000
Value 8,350,081 5,882 - 6,674 8,362,637
0
% 99.8% 0.1% - 0.1% 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Anwar Ali Sultan : Chairman
0.320
Mr. Ali Saif Al Hadi : Deputy Chairman
Mr. Ali Mohd. Redha Jafar : Director 0.285
Mr. Ali Hassan Sulaiman : Director
0.250
Mr. Mustafa Ahmed Salman : Director
Mr. Sami Salim Al Sahib : Director 0.215
Mr. Ali Hamad Al Darei : Director
0.180
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 836 1,715 6,541 347 183
Value of Trading (RO000) 186 457 2,047 184 114
Other Information No of trades executed 62 208 678 69 94
Established : 1995 Yearly High price (RO) 0.250 0.320 0.497 0.644 0.713
Auditors : Moore Stephens Yearly low price (RO) 0.198 0.227 0.275 0.450 0.530
Legal Advisor : Rajab Al-Kathiri & Associates Closing price (RO) 0.199 0.248 0.306 0.498 0.645
Price Earnings Ratio (Multiplier) (0.515) (124.000) (16.105) 22.636 23.036
Market Capitalisation (RO000) 8,363 10,422 12,859 19,024 21,427

178 Paper, Packaging & Glass


Majan Glass Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 9,827 9,427 7,453 7,310 8,707 Cashflow from operating activities 1,701 2,308 (706) 137 2,858
Cost of Sales (10,319) (8,696) (6,449) (5,176) (6,309)
Cashflow from investing activities (478) (1,622) (305) (1,322) (2,341)
Gross Profit (492) 731 1,004 2,134 2,398
Other income 169 519 66 37 178 Cashflow from financing activities (750) 350 (582) (349) (1,529)
Total Income (323) 1,250 1,070 2,171 2,576 Net change in cash & cash equivalents 473 1,036 (1,534) (1,534) (1,012)
Operating expenses (1,530) (1,361) (1,669) (1,132) (1,366)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax 231 46 (187) (121) (130)
Net profit for the year (1,623) (65) (786) 918 1,080 Profitability
Other comprehesnive income - - - - - Net Profit ratio % (17%) (1%) (11%) 13% 12%
Total comprahensive income (1,623) (65) (786) 918 1,080
Return on Equity % (16%) (1%) (7%) 7% 8%
Financial Position Earning per share (RO) (0.039) (0.002) (0.019) 0.022 0.028
Statement of Financial Position Cash dividend (RO000) 420 - - 382 831
Assets
Non-current assets Cash dividend ratio % 10% - - 10% 25%
Tangible assets 7,642 9,993 10,089 11,016 10,701 Stock dividend (RO000) - - - 382 498
Investments - - - - -
Other assets - - - - - Stock dividend ratio % - - - 10% 15%
7,642 9,993 10,089 11,016 10,701
Financial Position
Current assets
Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Investments - - - - -
Receivables & prepayments 1,990 1,859 2,360 2,208 1,919 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Inventories 3,352 3,971 4,270 3,638 1,881 Net assets / Book value per share (RO) 0.241 0.280 0.281 0.340 0.389
Cash & bank balances 3 3 4 6 1,526
Other assets 44 69 69 69 69 Equity Ratio % 78% 74% 70% 77% 80%
5,388 5,902 6,703 5,921 5,395 Debt Ratio % 3% 13% 16% 8% 5%
Total assets 13,030 15,895 16,792 16,937 16,096
Current ratio 2 2 2 2 3
Liabilities
Non-current Liabilities Liquid ratio 1 1 1 1 2
Borrowings - - 200 400 600 Inventory turnover (days) 170 167 242 257 109
Other liabilities 391 638 676 666 643
391 638 876 1,066 1,243 Avg. collection period (days) 74 72 116 110 80
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 775 1,999 2,486 895 200
Payables & accruals 1,724 1,495 1,601 1,979 1,744 Net Profit Total Dividend
2000
Other liabilities - - - - -
2,499 3,494 4,087 2,874 1,944 1200
Total liabilities 2,890 4,132 4,963 3,940 3,187 400
Equity 0
-400
Share capital 4,202 4,202 4,202 3,820 3,322
Retained earnings 4,665 6,288 6,353 7,903 8,369 -1200
Others 1,273 1,273 1,274 1,274 1,218 -2000
Net-worth 10,140 11,763 11,829 12,997 12,909 2011 2012 2013 2014 2015

Industry 179
Omani Packaging Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturers of Corrugated Cartons
14000 Assets Market Capitalisation Net-worth Equity
No of staff
12000
Omani: 46, Expatriates: 117 - Total: 163 Omani
GCC 10000
Key Staff Arabs not GCC
Surya K Arora : Chief Executive Officer 8000
Foreigners
H.Ramakrishnan : General Manager (F&C)
6000

Main Shareholders (Holding 5% and more shares)


4000
Sheikh Salim Saeed Hamed Al Fannah Al Araimi : 15.803%
Al Baraka Investment Co. LLC : 11.409% Omani GCC Arabs not GCC Foreigners Total
2000
Mr.Ahmed Alawi Abdullah Al Ibrahim : 10.399% Nos 163 4 - 1 168
Al Saud Co. Sharjah : 9.878% Value 9,149,906 255,768 - 725 9,406,399
0
Bin Omeir Investment Group of Companies : 9.381% % 97% 3% - - 100% 2011 2012 2013 2014 2015
Dhofar International Development & Investment Holding
Co. S.A.O.G
: 8.731%
Share Closing Price Index - Monthly for 2 years
Al Rawas Holding LLC : 6.682%
Sheikh Bakhit Said Salim Al Shanfari : 5.986% 2014 2015
0.320
Board of Directors
0.295
Sheikh Bakhit Said Salim Al Shanfari : Chairman
Sheikh Yasser Abdullah Said Al Rawas : Deputy Chairman 0.270
Sheikh Majid Salim Al Fannah Al Araimi (Up to 28 July
2015)
: Director
0.245
Sheikh Hamoud Ahmed Mohamed Al Hinai : Director
Mr. Kamal Asad Suleiman Abutayeh : Director 0.220
Sheikh Faisal Abdullah Said Al Rawas : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Engr. Masoud Mohd. Masoud Al Mashani : Director
Mr. Yousuf Ahmed Alawi Al Ibrahim : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 110 1,449 4,116 1,726 1,459
Mr. Majid Shams Hamood Al Battashi : Director
Mr. Francis Pinto Value of Trading (RO000) 27 427 1,275 347 231
(Replaced Sheikh Majid Salim Al Fannah Al Araimi from 28 : Director No of trades executed 19 45 238 89 77
Jul -2015.)
Yearly High price (RO) 0.29 0.330 0.332 0.235 0.210
Yearly low price (RO) 0.234 0.250 0.245 0.160 0.140
Other Information
Closing price (RO) 0.290 0.260 0.300 0.230 0.160
Established : 1993
Price Earnings Ratio (Multiplier) 9.807 32.500 21.429 5.111 10.000
Auditors : Deloitte & Touche (M.E) & Co.LLC
Market Capitalisation (RO000) 9,406 8,433 9,731 7,461 5,190
Legal Advisor : Mohsin Al-Hadad & Amur Al Kiyumi

180 Paper, Packaging & Glass


Omani Packaging Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 13,430 12,287 11,661 13,341 11,233 Cashflow from operating activities 1,670 335 521 1,164 610
Cost of Sales (11,411) (11,217) (10,524) (10,900) (10,059)
Cashflow from investing activities (128) (223) (492) (420) (328)
Gross Profit 2,019 1,070 1,137 2,441 1,174
Other income 252 273 277 289 287 Cashflow from financing activities (1,168) (20) (243) (900) (1)
Total Income 2,271 1,343 1,414 2,730 1,461 Net change in cash & cash equivalents 374 92 (214) (156) 281
Operating expenses (1,091) (1,063) (967) (1,135) (822)
Other Gains/ (losses) (94) 22 66 48 (36) Key Financial indicators
Income Tax (127) (32) (58) (194) (69)
Net profit for the year 959 270 455 1,449 534 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 7% 2% 4% 11% 5%
Total comprahensive income 959 270 455 1,449 534
Return on Equity % 16% 5% 9% 25% 11%
Financial Position Earning per share (RO) 0.030 0.008 0.014 0.045 0.016
Statement of Financial Position Cash dividend (RO000) 487 324 324 973 487
Assets
Non-current assets Cash dividend ratio % 15.0% 10% 10% 30% 15%
Tangible assets 4,455 4,775 5,050 5,063 5,008 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
4,455 4,775 5,050 5,063 5,008 Financial Position
Current assets Authorised Capital (RO000) 3,244 3,244 3,244 3,244 3,244
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 4,212 3,875 3,526 4,011 4,086
Inventories 2,234 2,734 2,574 2,407 2,109 Net assets / Book value per share (RO) 0.180 0.160 0.162 0.178 0.148
Cash & bank balances 542 168 76 290 446 Equity Ratio % 51% 45% 47% 49% 41%
Other assets - - - - -
6,988 6,777 6,176 6,708 6,641 Debt Ratio % 3% 32% 29% 20% 20%
Total assets 11,443 11,552 11,226 11,771 11,649 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings - 39 217 390 553 Inventory turnover (days) 71 89 89 81 77
Other liabilities 349 320 315 323 607 Avg. collection period (days) 114 115 110 110 133
349 359 532 713 1,160
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 2,900 3,605 3,002 1,970 1,812 Net Profit Total Dividend
Payables & accruals 2,357 2,387 2,437 3,314 3,866 1500
Other liabilities - - - - -
1200
5,257 5,992 5,439 5,284 5,678
Total liabilities 5,606 6,351 5,971 5,997 6,838 900
Equity 600
Share capital 3,244 3,244 3,244 3,244 3,244
300
Retained earnings 1,647 1,107 1,189 1,753 935
Others 946 850 822 777 632 0
2011 2012 2013 2014 2015
Net-worth 5,837 5,201 5,255 5,774 4,811

Industry 181
Packaging Co. Ltd S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturers of Corrugated Cartons
20000 Assets Market Capitalisation Net-worth Equity
No of staff 18000
Omani:48 Expatriates: 93 - Total: 141 Omani 16000
GCC 14000
Key Staff
Mr.Sanjay Satya Prakash Rastogi : G.M Arabs not GCC
12000
Mr.Jassim Mohd. Salman Al Ajmi : H & R Manager Foreigners
10000

Main Shareholders (Holding 5% and more shares) 8000


Mr.Ajay Ajit Kamar Karsandas : 26.405% 6000
Mr.Sujay Ajit Kamar Karsandas : 26.106%
Omani GCC Arabs not GCC Foreigners Total 4000
Oman Chemicals LLC : 11.857%
Ajay Enterprises LLC : 11.857% Nos 38 - - - 38 2000
Oman Hygienic Products : 10.355% Value 1,428,000 - - - 1,428,000
0
% 100% - - - 100% 2011 2012 2013 2014 2015
Starlight Properties LLC : 9.5%

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Ajay.A.Hamlai : Chairman
1.000
Mr. Sujay.A.Hamlai : Director
Mr. M.K.Sharma : Director 0.750
Mr. Shanti Kumar : Director
Mr. Niti Ajit Kumar Karsandas : Director 0.500
Mr. Shuab Raza Zaidi : Director
0.250
Mr. Nikhil Dauria : Director
0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 237 21 - - 8
Value of Trading (RO000) 164 10 - - 3
Other Information No of trades executed 5 2 - - 1
Established : 08/11/1980 Yearly High price (RO) 0.700 0.476 0.370 0.370 0.375
Auditors : Moore Stephens Yearly low price (RO) 0.476 0.370 0.370 0.370 0.370
Legal Advisor : Juma Al Sinani Closing price (RO) 0.476 0.476 0.370 0.370 0.370
Price Earnings Ratio (Multiplier) 31.433 23.800 37.000 (1.682) 3.333
Market Capitalisation (RO000) 1,428 1,428 1,110 1,110 1,110

182 Paper, Packaging & Glass


Packaging Co. Ltd S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 7,909 6,323 3,744 86 3,127 Cashflow from operating activities 756 (147) (781) 1,353 (858)
Cost of Sales (6,640) (5,537) (3,699) (396) (2,965)
Cashflow from investing activities (1,356) (78) (338) (1,313) 1,051
Gross Profit 1,269 786 45 (310) 162
Other income 103 4 32 9 10 Cashflow from financing activities 1,034 (145) 1,215 (50) (98)
Total Income 1,372 790 77 (301) 172 Net change in cash & cash equivalents 434 (370) 96 (10) 95
Operating expenses (857) (724) (636) (351) (709)
Other Gains/ (losses) - - 600 - 841 Key Financial indicators
Income Tax (60) - - - -
Net profit for the year 454 66 41 (652) 304 Profitability
Other comprehesnive income 11 (29) -13 11 13 Net Profit ratio % 6% 1% 1% (758%) 10%
Total comprahensive income 465 37 292 (641) 317
Return on Equity % 6% 1% 0% (31%) 11%
Financial Position Earning per share (RO) 0.152 0.020 0.100 (0.220) 0.111
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 11,062 10,134 10,437 3,794 1,161 Stock dividend (RO000) - - - - -
Investments 1 - - - 1 Stock dividend ratio % - - - - -
Other assets - - - - -
11,063 10,134 10,437 3,794 1,162 Financial Position
Current assets Authorised Capital (RO000) 3,000 3,000 3,000 3,000 3,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 2,524 2,630 2,846 1,389 2,939
Inventories 2,454 2,125 1,819 1,409 1,241 Net assets / Book value per share (RO) 2.678 2.523 2.756 0.695 0.909
Cash & bank balances 121 85 47 5 2 Equity Ratio % 50% 51% 55% 32% 51%
Other assets - - 18 12 -
5,100 4,840 4,730 2,815 4,182 Debt Ratio % 21% 28% 25% 37% 46%
Total assets 16,162 14,974 15,167 6,609 5,344 Current ratio 1 1 1 1 3
Liabilities Liquid ratio 1 1 - - 2
Non-current Liabilities
Borrowings 2,523 1,676 1,000 1,000 1,000 Inventory turnover (days) 135 140 179 1,299 153
Other liabilities 826 768 21 304 21 Avg. collection period (days) 116 152 277 5,895 343
3,349 2,444 1,021 1,304 1,021
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 2,263 2,475 2,762 1,469 1,455 Net Profit Total Dividend
Payables & accruals 2,517 2,487 3,117 1,751 142 700
Other liabilities - - - - - 500
4,780 4,962 5,879 3,220 1,597 300
Total liabilities 8,129 7,406 6,900 4,524 2,618 100
0
Equity -100
Share capital 3,000 3,000 3,000 3,000 3,000 -300
Retained earnings 847 (1,250) (1,309) (1,346) (694) -500
Others 4,186 5,818 6,576 431 420 -700
2011 2012 2013 2014 2015
Net-worth 8,033 7,568 8,267 2,085 2,726

Industry 183
Gulf International Chemicals S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturers of Building & Construction Chemicals and Specialty Chemicals

6000 Assets Market Capitalisation Net-worth Equity


No of staff
Omani: 9, Expatriates: 23 - Total: 32 Omani 5000

GCC
Key Staff 4000
Arabs not GCC
Mohamed Al Fadhil : CEO
Foreigners
3000
Main Shareholders (Holding 5% and more shares)
Murtadha Ahmed Sultan Mohammed : 9.482% 2000
Jawahir Ali Sultan Mohd. : 6.617%
Mohamed Abdul Mohsen Mohamed Al Fadel : 6.034% Omani GCC Arabs not GCC Foreigners Total 1000
Mohamed Jaffer Mohamed Al Lawati med : 5.613% Nos 503 17 - 1 521
Value 5,332,290 125,526 - 2,184 5,460,000
0
% 97.7% 2.3% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
Mr. Murtadha Ahmed Sultan : Director
0.300
Mr. Mohamed Al Fadhil : Vice Chairman
Mr. Salah M Sultan : Chairman 0.260
Mr Yousuf Ahmed Alawi (upto 29th March 2015) : Director
Mr Waheed Al Hamaid : Director 0.220

Mr Hassan Ali Abdullah : Director


0.180
Mr Mohamed Nayfeh : Executive Director
Ms Manal Al Fadhil (from 29th March 2015) : Director 0.140
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 50,429 43,384 57,514 30,834 23,343
Value of Trading (RO000) 12,070 9,833 10,930 5,270 4,460
Other Information No of trades executed 5,189 3,225 5,064 3,889 5,130
Established : 1996 Yearly High price (RO) 0.306 0.275 0.224 0.212 0.264
Auditors : Moore Stephens Yearly low price (RO) 0.152 0.108 0.162 0.143 0.112
Legal Advisor : Mohamed Janashal Law Office Closing price (RO) 0.260 0.152 0.214 0.169 0.144
Price Earnings Ratio (Multiplier) 0.675 6.080 17.833 12.071 9.000
Market Capitalisation (RO000) 5,460 3,192 4,494 3,549 3,024

184 Chemicals
Gulf International Chemicals S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 3,972 3,892 3,576 3,257 3,437 Cashflow from operating activities 336 332 599 288 335
Cost of Sales (2,704) (2,684) (2,527) (2,258) (2,350)
Cashflow from investing activities (194) 30 (126) (25) 295
Gross Profit 1,268 1,208 1,049 999 1,087
Other income 231 65 93 38 14 Cashflow from financing activities (470) (237) (311) (340) (353)
Total Income 1,499 1,273 1,142 1,037 1,101 Net change in cash & cash equivalents (328) 125 162 (77) 277
Operating expenses (737) (706) (867) (714) (737)
Other Gains/ (losses) - - - - Key Financial indicators
Income Tax (110) (66) (26) (38) (34)
Net profit for the year 652 501 249 285 330 Profitability
Other comprehesnive income (136) (42) 122 49 15 Net Profit ratio % 16% 13% 7% 9% 10%
Total comprahensive income 516 459 371 334 345
Return on Equity % 18% 16% 9% 10% 12%
Financial Position Earning per share (RO) 0.031 0.025 (0.012) 0.014 0.016
Statement of Financial Position Cash dividend (RO000) 735 462 221 294 315
Assets
Non-current assets Cash dividend ratio % 35.0% 22.0% 10.5% 14.0% 15.0%
Tangible assets 371 496 497 521 566 Stock dividend (RO000) - - - - -
Investments 123 26 77 - - Stock dividend ratio % - - - - -
Other assets 43 22 14 1 -
537 544 588 522 566 Financial Position
Current assets Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Investments 503 374 367 199 143
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 2,250 2,045 1,807 1,762 1,570
Inventories 418 420 369 398 461 Net assets / Book value per share (RO) 0.171 0.148 0.136 0.133 0.132
Cash & bank balances 577 906 781 619 696 Equity Ratio % 85% 74% 73% 80% 81%
Other assets - - - - -
3,748 3,745 3,324 2,978 2,870 Debt Ratio % 1% - 1% 1% 2%
Total assets 4,285 4,289 3,912 3,500 3,436 Current ratio 6 4 3 5 5
Liabilities Liquid ratio 6 3 3 4 4
Non-current Liabilities
Borrowings - - 15 29 43 Inventory turnover (days) 56 57 53 64 72
Other liabilities 55 48 52 48 53 Avg. collection period (days) 207 192 184 197 167
55 48 67 77 96
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings - 17 17 17 25 Net Profit Total Dividend
Payables & accruals 583 1,049 965 621 548 1000
Other liabilities - - - - -
800
583 1,066 982 638 573
Total liabilities 638 1,114 1,049 715 669 600
Equity 400
Share capital 2,100 2,100 2,100 2,100 2,100
200
Retained earnings 1,009 470 229 296 352
Others 538 605 534 389 315 0
2011 2012 2013 2014 2015
Net-worth 3,647 3,175 2,863 2,785 2,767

Industry 185
National Detergent Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacture, marketing and distribution of detergent powders, liquid detergents, hand
wash liquids, toilet soaps, fabric care, personal care products and other industrial &
household cleaning products Sulphonic Acid, a surface active agent used in the deter- 30000 Assets Market Capitalisation Net-worth Equity
gent and home care products.
27000
Omani 24000
No of staff GCC 21000
Omani: 121, Expatriates: 294 - Total: 415
Arabs not GCC
18000
Foreigners
Key Staff 15000
V. Sundaresan : Director & CEO 12000

9000
Main Shareholders (Holding 5% and more shares)
Omani GCC Arabs not GCC Foreigners Total 6000
Oman International Development and Investment
Company S.A.O.G
: 20.93% Nos 215 4 - - 219 3000

Dr. Omar Bin Abdul Muniem Al Zawawi : 19.93% Value 10,785,195 34,755 - - 10,819,950
0
% 99.7% 0.3% - - 100% 2011 2012 2013 2014 2015
Bhacker Suleiman Jaffer Company : 13.74%
Mr. Mohammed Abdul Hussain Bin Bhacker Al Lawati : 10.04%
Share Closing Price Index - Monthly for 2 years
Mr. Redha Baqir Al Lawati : 8.109%
Oman Arab Bank : 5.11% 2014 2015
0.780

0.748
Board of Directors
Redha Baqir Al Lawati : Chairman 0.716

Anwar Ali Sultan : Vice Chariman 0.684


Mohammed Abdul Hussain Bhacker : Director
0.652
N. Janardhan : Director
0.620
Ali Taya Jandal : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
V Venkataraman : Director
Anand Budhia (replacing V. Venkataraman) : Director Trading Information 2015 2014 2013 2012 2011
Sadacharam Ramasamy : Director No of Shares Traded (000) 31 184 36 1 265
Naveen Kumar Goyal (replacing Sadacharam) : Director Value of Trading (RO000) 21 138 29 1 233
V Sundaresan : Director No of trades executed 10 26 9 11 88
Yearly High price (RO) 0.700 0.804 0.899 0.899 0.900
Other Information Yearly low price (RO) 0.632 0.680 0.810 0.849 0.835
Established : 1981 Closing price (RO) 0.636 0.700 0.812 0.899 0.899
Auditors : Price Water house coopers Price Earnings Ratio (Multiplier) 15.749 14.583 13.097 22.475 15.772
Legal Advisor : Al Mughairy & Qanbar Market Capitalisation (RO000) 10,820 11,909 13,814 15,292 15,292

186 Chemicals
National Detergent Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 22,577 23,386 21,704 21,015 20,532 Cashflow from operating activities 3,416 (429) 2,027 362 463
Cost of Sales (16,659) (18,021) (16,183) (16,399) (15,919)
Cashflow from investing activities (1,840) (984) (859) (510) (3,027)
Gross Profit 5,918 5,365 5,521 4,616 4,613
Other income 26 31 37 49 28 Cashflow from financing activities (499) 392 (468) 72 2,346
Total Income 5,944 5,396 5,558 4,665 4,641 Net change in cash & cash equivalents 1,077 (1,021) 700 (76) (218)
Operating expenses (5,154) (4,485) (4,362) (3,897) (3,535)
Other Gains/ (losses) - 4 - - - Key Financial indicators
Income Tax (103) (106) (140) (89) (130)
Net profit for the year 687 809 1,056 679 976 Profitability
Other comprehesnive income 352 - - - - Net Profit ratio % 3% 3% 5% 3% 5%
Total comprahensive income 1,039 809 1,056 679 976
Return on Equity % 5% 6% 8% 5% 8%
Financial Position Earning per share (RO) 0.040 0.048 0.062 0.040 0.057
Statement of Financial Position Cash dividend (RO000) 595 681 681 595 681
Assets
Non-current assets Cash dividend ratio % 35.0% 40% 40% 35% 40%
Tangible assets 15,773 14,186 13,797 13,501 13,514 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
15,773 14,186 13,797 13,501 13,514 Financial Position
Current assets Authorised Capital (RO000) 1,701 1,701 1,701 1,701 1,701
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 5,456 5,944 5,005 5,665 4,894
Inventories 2,859 4,367 3,992 2,596 2,649 Net assets / Book value per share (RO) 0.800 0.779 0.772 0.745 0.745
Cash & bank balances 1,334 1,794 1,279 746 655 Equity Ratio % 54% 50% 55% 56% 58%
Other assets - - - - -
9,649 12,105 10,276 9,007 8,198 Debt Ratio % 18% 27% 18% 20% 16%
Total assets 25,422 26,291 24,073 22,508 21,712 Current ratio 1 1 1 1 2
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 2,766 2,393 2,340 2,224 2,597 Inventory turnover (days) 63 88 90 58 6
Other liabilities 1,782 1,742 1,638 1,554 1,462 Avg. collection period (days) 88 93 84 98 87
4,547 4,135 3,978 3,778 4,059
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 2,912 4,640 2,083 2,240 944 Net Profit Total Dividend
Payables & accruals 4,345 4,257 4,882 3,821 4,038 1200
Other liabilities - - - - - 1000
7,257 8,897 6,965 6,061 4,982 800
Total liabilities 11,804 13,032 10,943 9,839 9,041
600
Equity
400
Share capital 1,701 1,701 1,701 1,701 1,701
Retained earnings 2,809 2,717 2,213 2,213 2,129 200
Others 9,107 8,841 9,216 8,755 8,841 0
2011 2012 2013 2014 2015
Net-worth 13,617 13,259 13,130 12,669 12,671

Industry 187
Oman Chlorine S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Chlor alkali plant
65000 Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 42, Expatriates: 51 - Total: 93 58500
Omani 52000
Key Staff
GCC 45500
Walid Azhari : Managing Director,
Deputy Chairman Arabs not GCC
39000
Fouad Elbasha : Group
Officer
Chief Operating
Foreigners
32500
Yasser Sweidan : Group
Officer
Chief Financial
26000
Majid Khalfan Alsalhi : Group HR & Legal affairs
Manager
19500

Omani GCC Arabs not GCC Foreigners Total 13000


Main Shareholders (Holding 5% and more shares)
Oman International Development and Investment Nos 389 21 1 - 411 6500
Company S.A.O.G : 15.111%
Value 32,862,857 215,932 47 - 33,078,836
0
Oman International Co. for Oil & Energy Services : 9.193% 2011 2012 2013 2014 2015
% 99.3% 0.7% - - 100%
Civil Service employees Pension Fund : 8.839%
Bank Muscat Asset Management : 8.703% Share Closing Price Index - Monthly for 2 years
HSBC Bank Ministry of Defense Fund : 7.063%
2014 2015
Public Authority For Social Insurance : 6.872%
0.720
Ikhtiar Trading & Contracting Co. : 5.162%
Abdullah Ali Naser Alamri : 5% 0.665

Board of Directors 0.610


Sulaiman Al Yahyai : Chairman of the Board
Walid Azhari : DC & Mg. Director 0.555
Tony Georgiou : Director
0.500
Rashad Khamis Hamad Al Battashi : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Abdullah Ali Nasser Al Amri : Director
Rami Maqbool Hamed Al Saleh : Director Trading Information 2015 2014 2013 2012 2011
Said Hilal Ahmed Al Habsi : Director No of Shares Traded (000) 121 3,638 14,192 3,575 17,654
Hamdan Abdul Hafidh Hamdan Al Farsi : Director Value of Trading (RO000) 64 2,265 9,224 1,715 7,171
Saud Bin Ali Al-Senaidi : Director No of trades executed 12 118 219 425 2,305
Yearly High price (RO) 0.556 0.700 0.700 0.550 0.500
Other Information
Yearly low price (RO) 0.510 0.556 0.549 0.440 0.340
Established : 1997
Closing price (RO) 0.510 0.556 0.640 0.549 0.440
Auditors : KPMG
Price Earnings Ratio (Multiplier) 12.662 15.233 11.963 10.850 10.256
Legal Advisor : Hassan Al ansari
Market Capitalisation (RO000) 33,079 34,345 39,534 33,912 27,179

188 Chemicals
Oman Chlorine S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 7,621 7,464 8,245 7,848 6,756 Cashflow from operating activities 13,346 (4,640) 3,841 4,316 4,663
Cost of Sales (3,086) (3,003) (3,105) (2,780) (2,432)
Cashflow from investing activities (34,221) 90 (2,255) (1,082) (3,564)
Gross Profit 4,535 4,461 5,140 5,068 4,324
Other income 614 112 458 182 49 Cashflow from financing activities 17,270 6,204 104 (1,544) (1,650)
Total Income 5,149 4,573 5,598 5,250 4,373 Net change in cash & cash equivalents (3,605) 1,654 1,690 1,690 (515)
Operating expenses (2,156) (2,287) (1,934) (1,598) (1,389)
Other Gains/ (losses) - - - (106) 34 Key Financial indicators
Income Tax (381) (359) (476) (419) (367)
Net profit for the year 2,612 1,927 3,188 3,127 2,651 Profitability
Other comprehesnive income 334 - - - - Net Profit ratio % 34% 26% 39% 40% 39%
Total comprahensive income 2,946 1,927 3,188 3,127 2,651
Return on Equity % 10% 9% 16% 17% 17%
Financial Position Earning per share (RO) 0.040 0.0365 0.0535 0.0506 0.0429
Statement of Financial Position Cash dividend (RO000) 649 618 1,235 1,544 1,544
Assets
Non-current assets Cash dividend ratio % 10.0% 10% 20% 25% 25%
Tangible assets 47,806 14,557 14,273 11,895 11,593 Stock dividend (RO000) 324 - - - -
Investments - - - - 331 Stock dividend ratio % 5% - - - -
Other assets 74 73 74 - -
47,880 14,630 14,347 11,895 11,924 Financial Position
Current assets Authorised Capital (RO000) 12,000 12,000 12,000 12,000 12,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 4,096 9,740 2,219 2,067 1,668
Inventories 882 927 628 1,249 978 Net assets / Book value per share (RO) 0.388 0.322 0.313 0.285 0.259
Cash & bank balances 6,832 8,933 7,279 5,589 3,398 Equity Ratio % 42% 63% 84% 86% 89%
Other assets - - - - -
11,810 19,600 10,126 8,905 6,044 Debt Ratio % 49% 27% 7% 0% 0%
Total assets 59,690 34,230 24,473 20,800 17,968 Current ratio 2 4 6 4 5
Liabilities Liquid ratio 2 3 6 3 4
Non-current Liabilities
Borrowings 27,305 6,493 1,649 - - Inventory turnover (days) 104 113 74 164 147
Other liabilities 2,120 773 750 710 713 Avg. collection period (days) 196 476 98 96 92
29,425 7,266 2,399 710 713
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 471 2,595 - - - Net Profit Total Dividend
Payables & accruals 4,600 2,796 1,593 2,221 1,237 4000
Other liabilities - - - - -
5,071 5,391 1,593 2,221 1,237 3000
Total liabilities 34,496 12,657 3,992 2,931 1,980
2000
Equity
Share capital 6,486 6,177 6,177 6,177 6,177 1000
Retained earnings 12,478 11,112 10,403 9,038 7,821
Others 6,230 4,284 3,901 2,654 2,020 0
2011 2012 2013 2014 2015
Net-worth 25,194 21,573 20,481 17,869 16,018

Industry 189
National Pharmaceutical Industries Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacture& Selling pharmaceutical products.
20000 Assets Market Capitalisation Net-worth Equity
No of staff 18000
Omani: 88, Expatriates: 182 - Total: 270 Omani 16000
GCC 14000
Key Staff Arabs not GCC
Sajid Shaikh : COO 12000
Foreigners
10000

Main Shareholders (Holding 5% and more shares) 8000


Omani Investment Holding SOAG : 69.49% 6000
Middle East Investment LLC : 30%
Omani GCC Arabs not GCC Foreigners Total 4000

Nos 853 1 - - 854 2000


Value 5,499,998 2 - - 5,500,000
0
% 100.0% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
Dr. Ghazi Omar Al Zubaidi : Chairman 2014 2015
0.250
Dr. Abdullah Monjed Al-Bader : Vice Chairman
Mr. Amal Bint Suhail Bahwan : Member
Mr. Fudhalah Saleh Yousuf Alfudhalah : Member
Mr. Meshal Al Jassar : Member 0.125
Mr. Rahul Kar : Member
Mr. Khaleed Saeed : Member
Mr. Khalid Al Yahmadi : Member 0.000
Mr. Vivek Varadan : Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 34,747 1 6 - 1
Value of Trading (RO000) 9,100 - 1 - 1
Other Information No of trades executed 5 11 15 - 7
Established : 1996 Yearly High price (RO) 0.262 0.120 0.110 0.100 0.100
Auditors : Moore Stephens. Yearly low price (RO) 0.100 0.100 0.100 0.100 0.100
Legal Advisor : Rajab Al-Kathery & Associates
Closing price (RO) 0.110 0.100 0.100 0.100 0.100
Price Earnings Ratio (Multiplier) 0.522 5.556 5.348 9.524 4.831
Market Capitalisation (RO000) 5,500 5,000 5,000 5,000 5,000

190 Pharmaceuticals
National Pharmaceutical Industries Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 10,612 10,040 9,231 7,105 6,359 Cashflow from operating activities 845 1,799 489 248 114
Cost of Sales (6,437) (6,520) (6,128) (4,943) (4,755)
Cashflow from investing activities (2,085) (557) (292) 458 (232)
Gross Profit 4,175 3,520 3,103 2,162 1,604
Other income 53.5 75 92 62 46 Cashflow from financing activities (680) (1,852) (389) 69 81
Total Income 4,228 3,595 3,195 2,224 1,650 Net change in cash & cash equivalents (1,920) (610) (192) 775 (37)
Operating expenses (3,058) (2,554) (2,131) (1,604) (1,200)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (117) (125) (128) (96) 587
Net profit for the year 1,054 916 936 524 1,037 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 10% 9% 10% 7% 16%
Total comprahensive income 1,054 916 936 524 1,037
Return on Equity % 16% 15% 15% 9% 19%
Financial Position Earning per share (RO) 0.021 0.018 0.0187 0.0105 0.0207
Statement of Financial Position Cash dividend (RO000) 500 800 800 700 -
Assets
Non-current assets Cash dividend ratio % 10.0% 16% 16% 14% -
Tangible assets 3,794 3,719 3,877 4,238 4,499 Stock dividend (RO000) - - - - -
Investments 385 - - - - Stock dividend ratio % - - - - -
Other assets - 476 538 625 738
4,179 4,195 4,415 4,863 5,237 Financial Position
Current assets Authorised Capital (RO000) 11,000 11,000 11,000 11,000 11,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 6,214 5,432 5,284 3,867 3,538
Inventories 2,771 5,432 2,673 2,527 1,742 Net assets / Book value per share (RO) 0.130 0.125 0.123 0.118 0.107
Cash & bank balances 3,486 3,024 3,105 3,081 3,951 Equity Ratio % 39% 40% 40% 41% 37%
Other assets - - - - -
12,471 11,303 11,062 9,475 9,231 Debt Ratio % 24% 52% 54% 53% 56%
Total assets 16,650 15,498 15,477 14,338 14,468 Current ratio 2 2 2 3 2
Liabilities Liquid ratio 2 2 2 2 2
Non-current Liabilities
Borrowings 3,725 4,325 4,625 4,775 4,305 Inventory turnover (days) 157 159 159 187 134
Other liabilities 303 250 221 196 163 Avg. collection period (days) 214 197 209 199 203
4,028 4,575 4,846 4,971 4,468
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 4,664 3,736 3,715 2,817 3,821 Net Profit Total Dividend
Payables & accruals 1,456 938 783 653 807 1500
Other liabilities - - - - -
1200
6,120 4,674 4,498 3,470 4,628
Total liabilities 10,148 9,249 9,344 8,441 9,096 900
Equity 600
Share capital 5,000 5,000 5,000 5,000 5,000
300
Retained earnings 1,017 869 844 702 230
Others 485 380 289 195 142 0
2011 2012 2013 2014 2015
Net-worth 6,502 6,249 6,133 5,897 5,372

Industry 191
Oman Cables Industry S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing and selling of low and medium voltage power cables, conductors and
building wires.
225000 Assets Market Capitalisation Net-worth Equity
202500
No of staff
Omani 180000
Omani: 292, Expatriates: 415 - Total: 707
GCC 157500
Arabs not GCC 135000
Key Staff
Mr. Gert Hoefman : Chief Executive officer Foreigners
112500
General Manager
Mr. Manoj M Vaidya : 90000
Corporate Finance
67500

45000
Omani GCC Arabs not GCC Foreigners Total
Main Shareholders (Holding 5% and more shares) 22500
Nos 154 1 - - 155
Draka Holding NV : 51.17%
Value 615,316 2,684 - - 618,000 0
Mr. Mustafa Mukhtar Ali Al Lawati : 12.53% 2011 2012 2013 2014 2015
% 99.6% 0.4% - - 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
2.620

2.436
Board of Directors
Fabio Ignazio Romeo (Represent Draka Holding) : Chairman 2.252

Lara Caroline Mahmoud- Hansen : Vice Chairman 2.068


Hussain Salman Al Lawati : Director 1.884
Mohamed Mustafa Mukhtar : Director
1.700
Abdul Amir Saied Mohamed : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Christian Raskin : Director
Mr. Mahmut Tayfun Anik (Represent Draka Holding) : Director Trading Information 2015 2014 2013 2012 2011
Mustafa Mukhtar Ali Al Lawati : Director No of Shares Traded (000) 18,821 9,599 17,953 8,943 9,636
Maqbool Ali Salman : Director Value of Trading (RO000) 52,499 23,233 31,135 7,856 9,856
Kwok Ki Yeung : Director No of trades executed 890 1,959 4,096 1,903 2,909
Yearly High price (RO) 3.000 2.640 2.210 1.144 1.260
Yearly low price (RO) 1.670 1.540 1.120 0.700 0.660
Other Information
Closing price (RO) 1.770 1.915 2.190 1.125 0.740
Established : 1984
Price Earnings Ratio (Multiplier) 0.744 9.672 11.649 8.459 9.610
Auditors : Deloitte & Touche (M.E) & Co. LLC
Legal Advisor : Curtis, Mallet - Prevost, Colt & Mosle LLP Market Capitalisation (RO000) 158,769 171,776 196,443 100,913 66,378

192 Electrical & Mechanical


Oman Cables Industry S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 283,470 303,145 306,058 257,160 272,304 Cashflow from operating activities 26,062 30,945 2,476 16,826 779
Cost of Sales (248,315) (269,415) (274,621) (233,121) (256,302)
Cashflow from investing activities (4,365) (2,821) (5,555) (3,719) (5,105)
Gross Profit 35,156 33,730 31,437 24,039 16,002
Other income 224 150 148 852 913 Cashflow from financing activities (21,338) (27,310) (271) (9,794) 3,338
Total Income 35,380 33,880 31,585 24,891 16,915 Net change in cash & cash equivalents 359 814 (3,350) 3,313 (988)
Operating expenses (11,563) (11,920) (11,131) (10,267) (8,808)
Other Gains/ (losses)
Income Tax
1
(2,475)
15
(2,096)
38
(2,096)
4
(1,755)
15
(887)
Key Financial indicators
Net profit for the year 21,343 19,879 18,396 12,873 7,235 Profitability
Other comprehesnive income - - - - -
Total comprahensive income 21,343 19,879 18,396 12,873 7,235 Net Profit ratio % 8% 7% 6% 5% 3%
Return on Equity % 23% 24% 25% 21% 14%
Financial Position Earning per share (RO) 0.206 0.198 0.188 0.133 0.077
Statement of Financial Position
Cash dividend (RO000) 8,073 8,073 7,894 6,279 3,588
Assets
Non-current assets Cash dividend ratio % 90.0% 90% 88% 70% 40%
Tangible assets 38,783 38,056 38,622 36,270 35,641 Stock dividend (RO000) - - - - -
Investments 672 2,001 2,007 1,995 1,979
Other assets - - - - - Stock dividend ratio % - - - - -
39,455 40,057 40,629 38,265 37,620 Financial Position
Current assets
Authorised Capital (RO000) 12,000 12,000 12,000 12,000 12,000
Investments 1,251 - - - -
Receivables & prepayments 72,543 73,341 68,998 54,801 54,651 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Inventories 37,809 44,629 56,077 49,095 45,839 Net assets / Book value per share (RO) 0.972 0.869 0.760 0.653 0.554
Cash & bank balances 2,485 2,100 1,275 4,652 1,416
Other assets - - - - - Equity Ratio % 60% 52% 43% 42% 37%
114,088 120,070 126,350 108,548 101,906 Debt Ratio % 3% 29% 38% 38% 43%
Total assets 153,543 160,127 166,979 146,813 139,473 Current ratio 2 1.7 1.4 1.4 1.3
Liabilities
Non-current Liabilities Liquid ratio 1 1.1 0.8 0.8 0.7
Borrowings 1,625 3,250 4,875 6,500 8,938 Inventory turnover (days) 56 60 75 77 65
Other liabilities 2,666 2,563 2,383 2,213 1,771
Avg. collection period (days) 93 88 82 78 73
4,291 5,813 7,258 8,713 10,709
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 34,763 43,033 58,015 48,822 51,349
Payables & accruals 21,751 27,783 29,245 27,533 25,411 Net Profit Total Dividend
25000
Other liabilities - - - - -
56,514 70,816 87,260 76,355 76,760 20000
Total liabilities 60,805 76,629 94,518 85,068 87,469 15000
Equity 10000
Share capital 8,970 8,970 8,970 8,970 8,970
Retained earnings 64,559 56,376 48,672 39,953 32,929 5000
Others 19,209 18,152 14,819 12,822 10,159 0
Net-worth 92,738 83,498 72,461 61,745 52,058 2011 2012 2013 2014 2015

Industry 193
Oman Fiber Optic Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturers of optical fiber, cables cable laying, termination and testing
services,broadband wireless,network planning and optimization services,system inte-
gration services and network deployment. 42000 Assets Market Capitalisation Net-worth Equity
37800

No of staff Omani 33600


Omani: 119, Expatriates: 128 - Total: 247 GCC 29400
Arabs not GCC
25200
Key Staff Foreigners
21000
Mohammed Harith Al Barashdy : CEO
16800

Main Shareholders (Holding 5% and more shares) 12600

Oman Telecommunications Company S.A.O.G : 40.96% 8400


Omani GCC Arabs not GCC Foreigners Total
Dr.Omar Bin Abdul Muniem Al Zawawi : 21.46%
Nos 955 157 - - 1,112 4200
Oman & Emirates Investment Holding Co. S.A.O.G : 20.90%
Value 32,628,616 341,339 - - 32,969,954
0
Zawawi Trading Co LLC : 5.509% 2011 2012 2013 2014 2015
% 91.96% 6.20% 0.29% 1.55% 100%

Share Closing Price Index - Monthly for 2 years


Board of Directors 2014 2015
Mr. Samy Al Ghassany : Chairman 5.600
Mr. Hilal Al Hassani : Director
Mr. Rajiv Dhar : Director
Mr. Abdullah Al Hosni : Director
5.125
Mr. Awadh Mohamed Ba Mukhalif : Director

4.650
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 3 10 10 3 2
Value of Trading (RO000) 15 48 45 9 6
Other Information
No of trades executed 17 36 40 18 15
Established : 1996
Yearly High price (RO) 5.505 5.505 5.460 3.604 3.630
Auditors : Price Waterhous Coopers
Yearly low price (RO) 4.875 4.625 2.500 2.760 3.300
Legal Advisor : Hamdan Al Durey Barristers &Legal
Consultants Closing price (RO) 5.255 5.505 4.845 2.760 3.589
Price Earnings Ratio (Multiplier) 205.082 3.687 5.395 (8.389) 5.556
Market Capitalisation (RO000) 32,970 30,033 22,985 13,093 13,096

194 Electrical & Mechanical


Oman Fiber Optic Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 22,543 23,304 26,951 25,011 16,271 Cashflow from operating activities (1,777) 1,479 (870) 154 1,616
Cost of Sales (8,619) (8,301) (12,321) (10,872) (5,928)
Cashflow from investing activities (3,863) 5,277 (4,568) (252) (449)
Gross Profit 13,924 15,003 14,630 14,139 10,343
Other income 20 10 105 17 42 Cashflow from financing activities 4,135 (6,633) 4,735 1,891 (1,232)
Total Income 13,944 15,013 14,735 14,156 10,385 Net change in cash & cash equivalents (1,506) 122 (703) 1,793 (65)
Operating expenses (12,120) (13,451) (12,696) (11,198) (7,708)
Other Gains/ (losses) - 7,377 2,806 (4,724) - Key Financial indicators
Income Tax (216) (1,066) (583) 206 (319)
Net profit for the year 1,608 7,873 4,262 (1,560) 2,358 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 7% 34% 16% (6%) 14%
Total comprahensive income 1,608 7,873 4,262 (1,560) 2,358
Return on Equity % 9% 43% 35% (20%) 23%
Financial Position Earning per share (RO) 0.256 1.493 0.898) (0.329) 0.497
Statement of Financial Position Cash dividend (RO000) 1,569 1,909 1,660 - 1,095
Assets
Non-current assets Cash dividend ratio % 25.0% 35.0% 35.0% 0.0% 30.0%
Tangible assets 9,886 7,107 5,584 236 2,832 Stock dividend (RO000) 941 818 712 - 1,095
Investments 249 21 21 21 21
Stock dividend ratio % 15% 15% 15% - 30%
Other assets 31 13 44 221 26
10,165 7,141 5,649 478 2,879 Financial Position
Current assets
Authorised Capital (RO000) 10,000 10,000 5,000 5,000 5,000
Investments - - - - -
Receivables & prepayments 23,019 17,841 19,615 14,045 10,790 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Inventories 4,496 4,630 3,572 3,405 2,437 Net assets / Book value per share (RO) 2.862 3.347 2.539 1.641 2.860
Cash & bank balances 223 1,558 1,435 2,138 345 Equity Ratio % 47% 58% 40% 39% 63%
Other assets - - - - -
27,738 24,029 24,622 19,588 13,572 Debt Ratio % 7% 12% 29% 20% 6%
Total assets 37,903 31,169 30,271 20,066 16,451 Current ratio 2 2 2 2 2
Liabilities Liquid ratio 1 2 2 1 2
Non-current Liabilities
Borrowings 2,245 2,201 4,095 - - Inventory turnover (days) 190 204 106 114 150
Other liabilities 266 264 189 149 114 Avg. collection period (days) 373 279 266 205 242
2,511 2,465 4,284 149 114
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 7,772 1,600 4,679 4,038 1,053
Net Profit Total Dividend
Payables & accruals 9,663 8,847 9,263 8,095 4,846 8000
Other liabilities - - - - - 6750
17,435 10,447 13,942 12,133 5,899 5500
Total liabilities 19,946 12,911 18,226 12,282 6,013 4250
3000
Equity 1750
Share capital 6,274 5,456 4,744 4,744 3,649 500
0
Retained earnings 9,703 10,984 5,720 1,823 5,573 -750
Others 1,979 1,818 1,581 1,217 1,216 -2000
2011 2012 2013 2014 2015
Net-worth 17,957 18,258 12,045 7,784 10,438

Industry 195
Voltamp Energy S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Manufacturing of Switchgear & Transformers
40000 Assets Market Capitalisation Net-worth Equity
No of staff 36000
Omani: 185, Expatriates: 356 - Total: 541 Omani 32000
GCC 28000
Key Staff Arabs not GCC
Eng. Hasan Abdawani (CEO) 24000
Foreigners
Mr.Abdullah Ahmed Al Omar (GM- Corporate affairs) 20000
Mr. Rajesh Khanna (Finance Controller)
16000

12000
Main Shareholders (Holding 5% and more shares)
AL ANWAR HOLDING SAOG : 25.00% Omani GCC Arabs not GCC Foreigners Total 8000

SABCO LLC : 11.09% Nos 20,758 170 3 21 20,952 4000


HSBC A/C MINISTRY OF DEFENCE PENSION FUND : 7.76% Value 25,958,549 50,321 1,737 4,393 26,015,000
0
AL MAJAZ INVESTMENT LTD - OMAN ARAB BANK : 5.28% % 99.8% 0.2% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors
0.550
Mr. Qais bin Mohamed Al Yousef : Chairman
Sayyid Aymen bin Hamad Al-Busaidi : Vice Chairman 0.500
Mr. Abdulredha Mustafa Sultan : Director
Engineer Ahmed bin Hamed Al Subhi : Director 0.450

Mr. Hamad bin Mohammad Al Wahaibi : Director


0.400
Mr. Saibal Sen : Director
Mr. Sebastian Manavalan : Director 0.350
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 13,087 14,608 31,777 30,987 15,844
Value of Trading (RO000) 5,477 6,568 12,978 10,196 9,450
No of trades executed 1,432 2,610 4,956 6,065 5,527
Other Information Yearly High price (RO) 0.480 0.510 0.500 0.434 0.724
Established : 1987 Yearly low price (RO) 0.350 0.330 0.351 0.223 0.398
Auditors : Ernest & Young Closing price (RO) 0.430 0.372 0.470 0.368 0.414
Legal Advisor : Rajab Al Kathiri legal consultants Price Earnings Ratio (Multiplier) 7.872 11.273 14.688 16.727 18.818
Market Capitalisation (RO000) 26,015 22,506 28,435 22,264 22,770

196 Electrical & Mechanical


Voltamp Energy S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 35,833 26,118 22,160 17,283 14,701 Cashflow from operating activities 1,340 (1,498) 2,603 (231) 556
Cost of Sales (27,915) (20,231) (17,181) (13,551) (11,078)
Cashflow from investing activities 1,064 (2,892) 405 547 (8,880)
Gross Profit 7,918 5,887 4,979 3,732 3,623
Other income 371 201 153 59 61 Cashflow from financing activities (1,568) 2,975 (1,797) (630) 888
Total Income 8,289 6,088 5,132 3,791 3,684 Net change in cash & cash equivalents 836 (1,415) 1,211 (314) (7,436)
Operating expenses (4,579) (3,551) (3,364) (2,362) (1,945)
Other Gains/ (losses) 11 (137) 517 190 (68) Key Financial indicators
Income Tax (417) (397) (333) (312) (312)
Net profit for the year 3,305 2,003 1,952 1,307 1,359 Profitability
Other comprehesnive income 329 58 - - - Net Profit ratio % 9% 8% 9% 8% 9%
Total comprahensive income 3,634 2,061 1,952 1,307 1,359
Return on Equity % 17% 12% 12% 9% 9%
Financial Position Earning per share (RO) 0.055 0.033 0.032 0.022 0.022
Statement of Financial Position Cash dividend (RO000) 1,815 1,513 1,361 1,210 1,100
Assets
Non-current assets Cash dividend ratio % 30.0% 25.0% 22.5% 20.0% 20.0%
Tangible assets 10,194 10,117 10,116 9,748 9,448 Stock dividend (RO000) - - - - 550
Investments 3,155 2,760 500 - - Stock dividend ratio % - - - - 10%
Other assets 612 657 667 495 232
13,960 13,534 11,283 10,243 9,680 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments 555 1,689 1,973 2,482 2,384
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 12,295 9,168 5,169 5,607 4,507
Inventories 8,983 7,286 5,278 5,725 4,130 Net assets / Book value per share (RO) 0.321 0.281 0.266 0.251 0.248
Cash & bank balances 893 717 1,286 1,354 3,270 Equity Ratio % 53% 52% 65% 60% 63%
Other assets - - - -
22,726 18,860 13,706 15,168 14,291 Debt Ratio % 12% 30% 20% 23% 22%
Total assets 36,686 32,394 24,989 25,411 23,971 Current ratio 2 2 3 3 3
Liabilities Liquid ratio 1 1 2 2 2
Non-current Liabilities
Borrowings 3,975 2,697 3,520 4,500 4,556 Inventory turnover (days) 117 131 112 154 136
Other liabilities 436 363 313 282 272 Avg. collection period (days) 125 128 85 118 112
4,411 3,060 3,833 4,782 4,828
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 4,279 7,096 1,375 1,247 774 Net Profit Total Dividend
Payables & accruals 8,576 5,246 3,658 4,169 3,363 4000
Other liabilities - - - - -
12,855 12,342 5,033 5,416 4,137 3000
Total liabilities 17,266 15,402 8,866 10,198 8,965
2000
Equity
Share capital 6,050 6,050 6,050 6,050 5,500 1000
Retained earnings 4,726 3,158 2,685 2,163 2,149
Others 8,645 7,784 7,388 7,000 7,357 0
2011 2012 2013 2014 2015
Net-worth 19,421 16,992 16,123 15,213 15,006

Industry 197
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

ASaffa Foods S.A.O.G FOOD & BEVERAGE

2015 13,367 5,979 19% 16% 0.050 50,157 13,150 12,000 37,007 (3,421) - 0.100 0.955 0.776 0.860 103,200 38,674 40,573 34
2014 13,486 6,443 21% 19% 0.054 46,567 13,378 12,000 33,189 (439) 2,160 0.100 1.140 0.660 0.776 93,120 17,592 18,487 308
2013 12,048 7,177 25% 25% 0.062 41,695 13,058 11,576 28,637 4,612 2,315 0.100 1.175 0.530 1.140 131,969 4,266 4,992 458
2012 11,601 7,271 28% 31% 0.063 38,710 15,596 11,025 23,114 (354) 2,205 0.100 0.570 0.430 0.559 61,630 2,820 5,612 758
2011 7,512 3,851 18% 23% 0.035 28,978 11,875 10,500 17,103 3 1,785 0.100 0.515 0.333 0.489 51,345 8,666 19,630 5,248

Areej Vegetable Oils & Derivatives S.A.O.G FOOD & BEVERAGE

2015 9,724 2,640 3% 20% 0.574 53,134 39,613 4,600 13,522 8 1,610 1.000 5.510 5.510 5.510 25,346 6 1 2
2014 9,125 2,606 3% 21% 0.567 48,558 36,066 4,600 12,492 10 1,610 1.000 5.610 4.850 5.510 25,346 50 9 30
2013 9,042 2,439 3% 22% 0.530 45,952 34,686 4,600 11,266 76 1,380 1.000 5.500 2.500 5.100 23,460 196 54 64
2012 8,391 2,314 3% 23% 0.503 43,542 33,336 4,600 10,206 6 1,380 1.000 2.501 2.500 2.501 11,505 1 1 2
2011 6,750 1,502 2% 17% 0.326 37,835 28,793 4,600 9,042 (115) 1,150 1.000 2.501 2.500 2.501 11,505 3 1 2

Dhofar Beverages & Food Stuff Co S.A.O.G FOOD & BEVERAGE

2015 2,395 313 6% 7% 0.016 6,426 1,687 2,000 4,739 67 300 0.100 0.260 0.260 0.260 5,200 4 15 3
2014 2,069 204 4% 4% 0.010 6,968 2,343 2,000 4,625 14 200 0.100 0.260 0.260 0.260 5,200 1 5 2
2013 1,496 222 5% 5% 0.011 6,979 2,388 2,000 4,591 3 170 0.100 0.260 0.240 0.260 5,200 1 2 2
2012 1,282 170 4% 4% 0.008 6,296 1,827 2,000 4,469 (150) 100 0.100 0.261 0.260 0.260 5,200 5 20 3
2011 1,127 (25) (1%) (1%) (0.001) 3,269 696 2,000 2,573 109 - 0.100 0.270 0.243 0.261 5,220 15 57 6

Dhofar Cattle Feed Co S.A.O.G FOOD & BEVERAGE

2015 9,518 1,366 3% 3% 0.017 69,354 28,247 7,700 41,107 (73) 385 0.100 0.225 0.172 0.213 16,401 2,016 10,093 215
2014 5,620 (2,773) (9%) (7%) (0.035) 69,082 27,941 7,700 41,141 (2,109) - 0.100 0.430 0.145 0.185 14,245 5,805 23,546 1,408
2013 4,558 (2,773) (10%) (7%) (0.040) 63,496 18,771 7,700 44,725 (2,147) - 0.100 0.320 0.208 0.258 19,866 6,709 25,281 2,405
2012 8,252 1,736 6% 4% 0.022 56,185 13,721 7,700 42,464 2,000 1,309 0.100 0.266 0.125 0.240 18,480 6,807 39,766 4,545
2011 6,058 103 - - 0.005 52,672 11,977 7,700 40,695 1,187 385 0.100 0.205 0.109 0.135 10,395 3,230 22,399 4,142

198
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Dhofar Fisheries Industries Co S.A.O.G FOOD & BEVERAGE

2015 (135) (722) (18%) (94%) (0.284) 4,960 4,192 2,540 768 73 - 1.000 1.280 1.085 1.280 3,251 2,732 2,518 1
2014 (486) (1,263) (30%) (164%) (0.497) 4,750 3,982 2,540 768 7 - 1.000 1.280 1.280 1.280 3,251 - - -
2013 (142) (889) (16%) (113%) (0.350) 6,743 5,953 2,540 790 (87) - 1.000 1.280 1.075 1.280 3,251 1,069 994 5
2012 615 (131) (2%) (10%) (0.051) 7,517 6,189 2,540 1,328 134 - 1.000 1.279 1.279 1.279 3,249 - - 1
2011 (451) (1,080) (29%) (74%) (0.425) 6,832 5,374 2,540 1,457 9 - 1.000 1.279 0.905 1.279 3,249 899 994 1

Dhofar Poultry Co S.A.O.G FOOD & BEVERAGE

2015 1,957 264 3% 7% 0.007 11,502 7,974 4,000 3,527 238 - 0.100 0.180 0.180 0.180 7,200 - - -
2014 428 (749) (19%) (23%) (0.019) 9,552 6,288 4,000 3,264 (1,101) - 0.100 1.925 0.178 0.180 720 14 68 7
2013 1,373 430 9% 11% 0.109 5,798 1,785 4,000 4,013 (712) - 1.000 1.925 1.925 1.925 7,700 - - -
2012 1,023 309 8% 12% 0.089 3,848 1,267 3,000 2,581 (118) - 1.000 2.690 0.780 2.224 6,672 64 61 30
2011 750 226 7% 10% 0.075 3,116 843 3,000 2,273 121 - 1.000 1.262 0.820 0.820 2,460 74 70 19

Gulf Mushroom Products Co S.A.O.G FOOD & BEVERAGE

2015 2,358 314 5% 6% 0.011 9,208 3,491 2,990 5,717 (256) - 0.100 0.426 0.386 0.386 11,541 22 53 4
2014 2,175 326 5% 6% 0.012 8,314 2,911 2,718 5,403 (178) 272 0.100 0.450 0.364 0.426 11,579 5,044 11,616 153
2013 2,523 511 9% 11% 0.023 7,336 2,623 2,265 4,713 242 453 0.100 0.520 0.400 0.430 9,740 1,279 2,850 188
2012 3,037 806 14% 17% 0.036 7,626 2,909 2,059 4,717 (179) 721 0.100 0.520 0.420 0.520 10,707 1,357 2,902 435
2011 2,709 932 18% 21% 0.050 7,338 2,959 1,872 4,379 164 655 0.100 0.538 0.318 0.478 8,948 352 803 403

National Biscuit Industries Ltd S.A.O.G FOOD & BEVERAGE

2015 2,400 648 6% 15% 0.648 7,101 2,861 1,000 4,239 1,069 150 1.000 3.750 3.750 3.750 3,750 - - -
2014 2,381 640 6% 17% 0.640 6,656 2,915 1,000 3,741 761 150 1.000 3.750 3.500 3.750 3,750 1 - 3
2013 1,680 576 5% 18% 0.576 6,899 3,698 1,000 3,201 204 100 1.000 3.750 3.750 3.750 3,750 - - -
2012 2,198 521 5% 19% 0.102 7,507 4,782 1,000 2,725 217 100 1.000 4.200 3.749 3.749 3,749 52 14 5
2011 1,350 102 1% 5% 0.102 7,359 5,105 1,000 2,254 (190) 50 1.000 4.200 4.200 4.200 4,200 - - -

199
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

National Mineral Water Co S.A.O.G FOOD & BEVERAGE

2015 2,691 (736) (9%) 29% (0.011) 8,755 11,320 3,700 (2,565) (74) - 0.100 0.080 0.050 0.061 1,647 37 515 56
2014 2,498 (711) (9%) 39% (0.014) 9,755 11,584 2,013 (1,829) (134) - 0.100 0.071 0.035 0.060 1,208 50 981 95
2013 1,824 (1,261) (17%) 52% (0.044) 10,049 12,458 2,013 (2,409) (197) - 0.100 0.045 0.035 0.038 765 49 1,260 121
2012 1,857 (1,267) (15%) 110% (0.042) 10,716 11,864 2,013 (1,148) (699) - 0.100 0.070 0.036 0.036 725 148 2,752 506
2011 1,344 (1,882) (23%) (1,595%) (0.066) 11,023 10,905 2,013 118 (636) - 0.100 0.083 0.043 0.045 906 333 5,125 1,173

Oman Fisheries Co S.A.O.G FOOD & BEVERAGE

2015 5,951 (1,754) (7%) (13%) (0.014) 20,017 6,670 12,500 13,348 (1,162) - 0.100 0.075 0.042 0.052 6,500 624 10,555 1,519
2014 6,356 (711) (4%) (5%) (0.006) 18,380 3,279 12,500 15,101 (982) - 0.100 0.110 0.055 0.068 8,500 5,603 55,940 2,807
2013 6,440 70 - - 0.001 19,030 3,218 12,500 15,812 1,179 - 0.100 0.124 0.098 0.099 12,375 10,126 91,118 5,091
2012 6,114 996 4% 6% 0.008 20,194 3,577 12,500 16,617 (523) 875 0.100 0.125 0.089 0.102 12,750 10,998 101,909 7,241
2011 4,855 872 5% 5% 0.007 17,601 1,105 12,500 16,496 1,646 875 0.100 0.130 0.086 0.092 11,500 8,302 71,145 7,104

Oman Flour Mills Co S.A.O.G FOOD & BEVERAGE

2015 16,354 7,967 10% 13% 0.052 82,435 20,533 15,750 61,902 4,726 3,938 0.100 0.584 0.400 0.426 67,095 1,457 2,960 313
2014 14,224 6,803 9% 12% 0.045 74,960 17,950 15,750 57,010 13,542 3,938 0.100 0.644 0.486 0.586 92,295 1,403 2,274 250
2013 11,743 6,156 9% 11% 0.039 77,580 23,221 15,750 54,359 (13,026) 3,938 0.100 0.660 0.475 0.620 97,650 5,514 9,373 1,126
2012 12,024 7,555 12% 14% 0.048 69,831 17,690 15,750 52,141 2,701 3,938 0.100 0.505 0.440 0.480 75,600 3,659 7,813 775
2011 8,461 5,243 10% 11% 0.033 57,110 8,586 15,750 48,524 (2,564) 3,938 0.100 0.642 0.372 0.478 75,285 7,588 15,784 1,683

Oman Refreshment Co S.A.O.G FOOD & BEVERAGE

2015 32,245 9,600 12% 25% 0.192 57,932 18,782 5,000 39,151 1,193 5,000 0.100 2.520 2.220 2.220 111,000 1,200 486 53
2014 29,977 10,056 14% 29% 0.201 54,302 19,751 5,000 34,551 764 5,000 0.100 2.800 2.400 2.450 122,500 1,615 659 128
2013 27,683 10,357 15% 35% 0.207 42,196 12,701 5,000 29,495 (540) 5,000 0.100 3.050 2.100 2.600 130,000 2,526 1,084 180
2012 25,492 10,016 15% 41% 0.200 36,659 12,521 5,000 24,138 (1,578) 5,000 0.100 2.400 1.400 2.250 112,500 3,897 2,120 351
2011 19,837 7,045 13% 40% 0.141 26,051 8,429 5,000 17,622 222 3,500 0.100 1.193 0.660 1.450 72,500 1,395 751 491

200
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Omani Euro Food Industries Co S.A.O.G FOOD & BEVERAGE

2015 145 (257) (14%) (77%) (0.128) 4,338 4,003 2,000 335 (47) - 1.000 1.000 1.000 1.000 2,000 - - -
2014 181 (196) (11%) (33%) (0.098) 4,611 4,019 2,000 592 (118) - 1.000 1.000 1.000 1.000 2,000 - - -
2013 281 (122) (6%) (15%) (0.061) 4,989 4,201 2,000 788 139 - 1.000 1.000 0.100 1.000 2,000 1 1 1
2012 90 (330) (18%) (36%) (0.119) 5,002 4,093 2,000 909 26 - 1.000 1.000 0.070 1.000 2,000 - - 1
2011 8 (374) (21%) (32%) (0.073) 5,345 4,162 5,100 1,183 33 - 1.000 0.200 0.100 0.200 1,020 - 1 3

Salalah Mills Co S.A.O.G FOOD & BEVERAGE

2015 9,563 5,241 8% 18% 0.107 70,367 40,675 4,816 29,690 (4,383) 3,131 0.100 1.510 1.400 1.490 71,463 1,069 717 101
2014 9,968 5,562 8% 20% 0.108 76,731 48,962 4,816 27,769 7,958 3,131 0.100 1.575 1.370 1.490 71,763 15,576 10,475 349
2013 8,683 4,938 8% 20% 0.093 59,274 33,989 4,816 25,285 (304) 2,890 0.100 1.460 1.000 1.460 70,318 9,254 7,034 572
2012 8,695 5,325 10% 23% 0.101 59,812 36,931 4,816 22,881 (2,222) 2,408 0.100 1.050 0.805 1.022 49,223 3,355 3,876 413
2011 6,337 3,687 9% 19% 0.076 48,688 29,143 4,816 19,545 378 1,927 0.100 1.055 0.650 0.982 47,296 8,075 9,190 815

Sohar Poultry Co S.A.O.G FOOD & BEVERAGE

2015 4,251 669 8% 20% 0.222 7,242 3,897 3,000 3,345 151 - 1.000 0.206 0.206 0.206 618 - - -
2014 4,103 633 8% 24% 0.211 7,565 4,884 3,000 2,681 389 - 1.000 0.206 0.206 0.206 618 - - -
2013 3,436 357 5% 17% 0.119 7,077 5,030 3,000 2,047 605 - 1.000 0.206 0.206 0.206 618 - - -
2012 3,276 294 5% 17% 0.098 7,615 5,924 3,000 1,691 539 - 1.000 0.206 0.206 0.206 618 - - -
2011 4,388 354 4% 25% 0.118 7,960 6,563 3,000 1,397 628 - 1.000 0.206 0.206 0.206 618 - - 1

Sweets Of Oman S.A.O.G FOOD & BEVERAGE

2015 3,536 704 6% 16% 0.101 7,370 2,829 700 4,540 1,316 350 0.100 1.345 1.210 1.340 9,380 49 37 3
2014 3,476 901 7% 22% 0.129 8,249 4,062 700 4,187 (523) 350 0.100 1.350 0.900 1.345 9,415 1,059 918 271
2013 3,347 954 8% 26% 0.136 8,187 4,551 700 3,636 814 350 0.100 1.000 0.850 0.940 6,580 350 375 185
2012 2,909 910 8% 30% 0.130 6,806 3,774 700 3,032 (897) 350 0.100 0.950 0.611 0.902 6,314 255 350 202
2011 2,423 739 7% 30% 0.106 6,762 4,326 700 2,436 67 315 0.100 0.890 0.604 0.708 4,956 674 1,038 156

201
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Cement Co S.A.O.G CEMENT

2015 17,542 11,703 22% 7% 0.035 197,859 37,605 33,087 160,254 (2,677) 9,926 0.100 0.552 0.430 0.460 152,201 11,466 23,078 986
2014 17,627 13,149 26% 8% 0.040 191,156 31,391 33,087 159,765 1,710 9,926 0.100 0.876 0.430 0.518 171,392 22,382 30,296 2,369
2013 19,286 16,020 31% 10% 0.048 192,763 29,156 33,087 163,607 2,441 11,581 0.100 0.830 0.630 0.824 272,639 39,900 54,405 5,097
2012 21,965 17,511 31% 11% 0.053 185,060 27,056 33,087 158,004 (387) 11,581 0.100 0.700 0.413 0.645 213,411 24,871 42,560 5,349
2011 18,066 12,799 27% 9% 0.039 174,309 25,922 33,087 148,387 (197) 9,926 0.100 0.650 0.415 0.432 142,936 11,752 20,488 3,958

Raysut Cement Co S.A.O.G CEMENT

2015 35,624 20,954 22% 14% 0.105 203,662 55,645 20,000 148,017 6,569 10,000 0.100 1.985 1.000 1.000 200,000 8,603 5,727 984
2014 39,782 27,426 29% 19% 0.137 204,175 62,112 20,000 142,063 (1,741) 15,000 0.100 2.280 1.300 1.670 334,000 38,350 18,775 2,769
2013 31,751 27,526 30% 21% 0.138 205,106 75,469 20,000 129,637 4,108 15,000 0.100 2.097 1.420 2.015 403,000 40,593 22,365 3,659
2012 29,978 24,534 26% 21% 0.123 195,293 78,182 20,000 117,111 229 15,000 0.100 1.440 0.700 1.440 288,000 29,969 26,193 4,570
2011 22,059 14,949 18% 15% 0.075 189,074 86,666 20,000 102,408 (1,805) 10,000 0.100 1.250 0.754 0.760 152,000 10,079 9,528 2,804

Al Hassan Engineering Co S.A.O.G ENGINEERING

2015 (2,988) (8,224) (8%) (379%) (0.109) 106,950 104,783 7,521 2,168 (17,494) - 0.100 0.137 0.070 0.072 5,415 3,110 27,482 2,756
2014 2,504 (1,441) (2%) (14%) (0.019) 90,153 80,129 7,521 10,024 (3,044) - 0.100 0.274 0.084 0.099 7,446 13,978 69,675 5,592
2013 5,087 655 1% 5% 0.009 68,948 56,756 7,521 12,192 (5,326) 376 0.100 0.275 0.150 0.255 19,178 37,964 179,171 11,751
2012 (40) (3,759) (8%) (33%) (0.050) 55,752 44,209 7,521 11,543 (6,294) - 0.100 0.303 0.120 0.153 11,507 19,907 104,645 11,212
2011 6,816 2,461 4% 15% 0.033 56,453 40,043 7,521 16,410 3,329 1,128 0.100 0.576 0.214 0.253 19,028 5,068 16,635 2,662

Galfar Engineering & Contracting S.A.O.G ENGINEERING

2015 21,948 (28,859) (8%) (40%) (0.070) 496,306 423,500 41,522 72,806 15,467 - 0.100 0.198 0.069 0.070 20,299 19,632 150,565 11,119
2014 25,479 197 0% 0% 0.001 502,285 399,791 37,747 102,494 (3,524) 3,775 0.100 0.316 0.100 0.161 60,773 32,508 131,440 8,338
2013 33,995 7,584 2% 7% 0.022 493,713 387,532 37,747 106,181 2,624 3,775 0.100 0.405 0.267 0.270 101,917 42,223 117,815 10,601
2012 31,655 9,206 3% 10% 0.027 456,548 364,690 33,000 91,858 1,109 5,775 0.100 0.440 0.333 0.364 120,120 38,585 98,659 11,029
2011 24,955 5,264 2% 6% 0.016 403,346 315,715 33,000 87,631 650 3,960 0.100 0.609 0.315 0.337 111,210 46,202 102,021 17,359

202
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Muscat Thread Mills S.A.O.G TEXTILES

2015 330 (118) (5%) (7%) (0.008) 2,179 506 1,479 1,673 93 - 0.100 0.162 0.124 0.126 1,863 10 72 15
2014 628 166 4% 9% 0.012 2,579 787 1,344 1,792 (35) 134 0.100 0.178 0.160 0.162 2,178 - 2 2
2013 600 168 5% 10% 0.014 2,553 927 1,222 1,626 126 122 0.100 0.225 0.161 0.178 2,175 3 14 9
2012 750 209 6% 14% 0.017 2,557 1,099 1,018 1,458 (38) 204 0.100 0.246 0.102 0.195 1,985 465 2,418 169
2011 803 263 7% 19% 0.026 2,272 891 886 1,381 165 266 0.100 0.140 0.100 0.100 886 135 1,020 38

Oman Textile Holding Co S.A.O.G TEXTILES

2015 4,940 3,989 51% 44% 0.066 11,418 2,449 6,000 8,968 (3) 150 1.000 0.410 0.220 0.354 2,124 779 2,154 702
2014 22 (665) (41%) (12%) (0.111) 7,437 1,666 6,000 5,771 (18) - 1.000 0.295 0.250 0.295 1,770 125 446 150
2013 35 (773) (38%) (11%) 0.129 8,117 1,035 6,000 7,082 (199) - 1.000 0.324 0.275 0.280 1,680 182 621 315
2012 (10) (576) (29%) (7%) (0.096) 9,580 1,069 6,000 8,511 (617) - 1.000 0.430 0.300 0.300 1,800 300 803 460
2011 (53) (586) (32%) (6%) (0.098) 11,343 889 6,000 10,454 809 - 1.000 0.959 0.369 0.401 2,406 2,368 3,428 1,585

Al Fajar Al Alamia Co S.A.O.G MINING

2015 5,126 1,390 7% 6% 0.028 42,856 18,305 4,933 24,551 (45) - 0.100 0.748 0.700 0.748 36,899 3,510 5,014 2
2014 4,654 1,471 9% 6% 0.030 42,772 19,364 4,933 23,408 (523) 247 0.100 0.760 0.700 0.748 36,899 43 58 6
2013 3,802 848 6% 4% 0.017 42,898 20,659 4,933 22,239 642 247 0.100 0.760 0.699 0.748 36,899 42 57 25
2012 2,952 (129) (1%) (1%) (0.003) 39,116 17,725 4,933 21,391 (3,118) - 0.100 0.750 0.643 0.714 35,222 2,119 2,969 7
2011 4,823 2,117 18% 9% 0.043 41,290 18,783 4,933 22,507 1,732 987 0.100 0.760 0.674 0.714 35,222 116 159 41

Al Oula Co (Oman) S.A.O.G MINING

2015 (405) (615) (8197%) 75% (0.121) 1,038 1,857 5,100 (820) (4) - 1.000 0.530 0.530 0.530 2,703 - - -
2014 21 (160) (49%) 78% (0.031) 1,616 1,821 5,100 (205) (135) - 1.000 0.530 0.530 0.530 2,703 - - -
2013 45 (146) (26%) 324% (0.028) 1,723 1,768 5,100 (45) - - 1.000 0.530 0.530 0.530 2,703 - - -
2012 (69) (331) (72%) (328%) (0.065) 1,885 1,784 5,100 101 7 - 1.000 0.530 0.100 0.530 2,703 - 2 1
2011 10 (178) (34%) (41%) (0.035) 2,062 1,630 5,100 432 (10) - 1.000 0.530 0.100 0.530 2,703 - - 1

203
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Gulf Stone Co S.A.O.G MINING

2015 916 120 2% 3% 0.003 7,067 2,697 3,630 4,370 (65) 182 0.100 0.112 0.082 0.110 3,993 219 2,648 33
2014 1,037 334 7% 7% 0.009 7,424 2,812 3,630 4,612 127 363 0.100 0.082 0.082 0.082 2,977 - - -
2013 859 134 3% 3% 0.004 7,152 2,873 3,630 4,279 (54) - 0.100 0.082 0.082 0.082 2,977 33 404 1
2012 914 244 7% 6% 0.007 6,627 2,301 3,630 4,326 19 182 0.100 0.082 0.082 0.082 2,977 - - -
2011 1,038 465 12% 11% 0.013 6,107 2,025 3,300 4,082 (3) 330 0.100 0.095 0.086 0.090 2,970 12 132 3

Oman Chromite Co S.A.O.G MINING

2015 1,016 57 3% 1% 0.019 4,338 428 3,000 3,910 (318) 300 1.000 3.640 3.640 3.640 10,920 - - -
2014 1,294 311 16% 7% 0.104 4,780 417 3,000 4,363 (35) 510 1.000 3.700 3.510 3.640 10,920 4 1 5
2013 1,442 554 26% 12% 0.185 4,970 468 3,000 4,502 (46) 450 1.000 3.900 3.510 3.900 11,700 306 79 31
2012 1,393 201 10% 5% 0.067 4,728 420 3,000 4,308 (6) 360 1.000 3.800 3.500 3.650 10,950 338 92 24
2011 1,814 620 27% 13% 0.207 5,350 643 3,000 4,707 (26) 600 1.000 3.990 3.380 3.600 10,800 605 162 109

Al Maha Ceramics S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 4,195 2,401 25% 25% 0.046 12,952 3,286 5,250 9,666 245 1,838 0.100 0.636 0.386 0.386 20,265 8,813 16,307 6,125
2014 4,640 2,703 25% 30% 0.054 12,893 3,879 5,000 9,014 65 2,000 0.100 0.708 0.378 0.526 26,300 21,106 33,828 30,274
2013 4,323 2,514 26% 37% 0 053 11,812 5,001 5,000 6,811 (46) 500 0.100 - - - - - - -
2012 - - - - - - - - - - - - - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

Abrasives Manufacturing Co S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 (6) (223) - 14% (0.223) 1,232 2,767 1,000 (1,536) - - 1.000 0.050 0.050 0.050 50 - - -
2014 (6) (206) - 16% (0.206) 1,250 2,564 1,000 (1,314) (1) - 1.000 0.050 0.050 0.050 50 - - -
2013 (1) (189) (3,150%) 18% (0.189) 1,311 2,385 1,000 (1,074) (2) - 1.000 0.050 0.050 0.050 50 - - -
2012 31 (354) (805%) 38% (0.354) 1,296 2,231 1,000 (935) (28) - 1.000 0.097 0.050 0.050 50 3 55 10
2011 41 (179) (242%) 31% (0.179) 1,521 2,103 1,000 (582) 24 - 1.000 0.097 0.097 0.097 97 - - -

204
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Al Anwar Ceramic Tiles Co S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 13,456 6,537 24% 16% 0.022 46,946 5,508 29,621 41,428 (1,474) 5,924 0.100 0.506 0.296 0.304 90,049 20,722 51,658 3,028
2014 17,016 9,766 34% 24% 0.040 48,016 6,554 24,684 41,462 (131) 9,874 0.100 0.624 0.332 0.502 123,916 24,046 42,456 2,505
2013 14,066 7,885 30% 21% 0.034 44,177 7,124 23,509 37,053 684 7,053 0.100 0.584 0.385 0.582 136,823 29,965 65,525 4,732
2012 11,460 6,497 29% 20% 0.028 36,766 4,461 20,443 32,305 (891) 6,133 0.100 0.431 0.318 0.414 84,634 17,401 47,755 3,598
2011 9,802 5,748 31% 20% 0.030 33,165 4,438 19,469 28,727 896 3,894 0.100 0.370 0.250 0.325 63,274 19,267 62,294 9,592

Al Jazeera Steel Products Co S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 7,627 1,715 2% 4% 0.014 53,905 14,899 12,490 39,006 323 1,124 0.100 0.362 0.116 0.136 16,986 5,977 31,829 1,848
2014 13,356 5,206 5% 13% 0.042 74,789 34,750 12,490 40,039 227 2,748 0.100 0.480 0.310 0.336 41,966 12,414 29,466 2,313
2013 11,756 4,553 5% 12% 0.036 69,400 32,069 12,490 37,331 887 2,498 0.100 0.354 0.283 0.338 42,216 21,956 72,049 4,601
2012 11,336 3,418 3% 10% 0.027 80,959 46,183 12,490 34,776 (29) 1,998 0.100 0.310 0.249 0.307 38,344 19,669 69,483 7,110
2011 10,042 3,031 3% 9% 0.024 74,821 41,590 12,490 33,231 (70) 1,873 0.100 0.339 0.233 0.252 31,475 20,875 72,603 13,546

Construction Materials Industries & Contg S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 330 (64) (3%) (1%) (0.001) 7,570 2,031 8,500 5,539 (4) - 0.100 0.051 0.030 0.031 2,635 1,709 41,710 1,819
2014 102 (797) (33%) (14%) (0.009) 7,872 2,268 8,500 5,604 (10) - 0.100 0.075 0.035 0.036 3,060 2,334 37,429 2,287
2013 (486) (1,316) (36%) (20%) (0.015) 8,822 2,155 8,500 6,667 (26) - 0.100 0.087 0.053 0.070 5,950 16,704 230,202 9,414
2012 349 (66) (2%) (1%) (0.001) 10,299 2,316 8,500 7,983 45 - 0.100 0.071 0.037 0.054 4,590 6,282 105,832 5,722
2011 142 (701) (22%) (9%) (0.009) 10,558 2,507 8,500 8,051 (189) - 0.100 0.074 0.038 0.044 3,740 1,395 23,032 2,451

National Aluminium Products Co S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 3,321 779 3% 9% 0.023 27,603 19,028 3,357 8,576 587 436 0.100 0.370 0.195 0.230 7,721 3,813 14,601 923
2014 3,057 701 4% 9% 0.021 17,191 8,957 3,357 8,234 (675) 436 0.100 0.448 0.238 0.322 10,810 15,665 47,579 3,806
2013 3,710 1,177 6% 15% 0.035 14,907 6,971 3,357 7,936 556 403 0.100 0.420 0.192 0.408 13,697 52,439 171,825 11,934
2012 2,523 337 2% 5% 0.010 15,189 8,196 3,357 6,993 (375) 235 0.100 0.408 0.180 0.195 6,546 9,640 38,417 4,938
2011 3,738 1,387 7% 19% 0.041 17,113 9,785 3,357 7,328 433 671 0.100 0.587 0.315 0.404 13,562 16,193 33,430 6,940

205
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Ceramics Co S.A.O.G CONSTRUCTION MATERIALS SUPPORT

2015 850 32 1% 3% 0.017 5,349 4,278 1,892 1,072 (28) - 1.000 0.494 0.448 0.448 848 50 110 11
2014 972 164 4% 16% 0.087 5,644 4,605 1,892 1,039 10 - 1.000 0.490 0.450 0.450 851 195 433 12
2013 793 10 - 1% 0.005 5,403 4,528 1,892 875 25 - 1.000 0.599 0.485 0.490 927 35 68 41
2012 1,041 155 4% 18% 0.082 5,169 4,304 1,892 865 16 - 1.000 0.750 0.211 0.501 948 22 43 41
2011 1,140 116 3% 16% 0.062 5,337 4,627 1,892 710 (1) - 1.000 0.749 0.749 0.749 1,417 - - -

Computer Stationery Industry S.A.O.G PAPER, PACKAGING & GLASS

2015 1,023 368 14% 15% 0.037 3,536 1,083 1,000 2,452 52 200 0.100 0.290 0.252 0.260 2,600 16 60 23
2014 979 313 11% 14% 0.031 3,860 1,575 1,000 2,285 466 200 0.100 0.326 0.235 0.254 2,540 49 197 52
2013 960 233 8% 11% 0.023 4,247 2,126 1,000 2,121 699 150 0.100 0.326 0.293 0.326 3,260 1 2 2
2012 905 77 2% 4% 0.008 4,735 2,846 1,000 1,889 476 - 0.100 0.325 0.293 0.325 3,250 1 2 2
2011 737 (42) (1%) (2%) (0.004) 5,266 3,455 1,000 1,811 (222) - 0.100 0.325 0.325 0.325 3,250 - - -

Gulf Plastic Industries Co S.A.O.G PAPER, PACKAGING & GLASS

2015 947 374 7% 14% 0.374 3,944 1,213 1,000 2,731 (200) 200 1.000 0.390 0.390 0.390 390 10 25 4
2014 844 284 5% 12% 0.283 3,573 1,216 1,000 2,357 43 - 1.000 0.390 0.390 0.390 390 - - -
2013 819 266 5% 14% 0.266 3,273 1,393 1,000 1,880 91 - 1.000 0.427 0.389 0.390 390 - 1 1
2012 838 320 6% 20% 0.320 3,209 1,594 1,000 1,615 (19) - 1.000 0.390 0.389 0.389 389 - - 4
2011 576 195 4% 15% 0.195 3,246 1,951 1,000 1,295 (16) - 1.000 0.389 0.389 0.389 389 1 1 4

Majan Glass Co S.A.O.G PAPER, PACKAGING & GLASS

2015 2,783 (1,623) (17%) (16%) (0.039) 13,030 2,890 4,202 10,140 473 420 0.100 0.250 0.198 0.199 8,363 186 836 62
2014 1,250 (65) (1%) (1%) (0.002) 15,895 4,132 4,202 11,763 1,036 - 0.100 0.320 0.227 0.248 10,422 457 1,715 208
2013 1,070 (786) (11%) (7%) (0.019) 16,792 4,963 4,202 11,829 (997) - 0.100 0.497 0.275 0.306 12,859 2,047 6,541 678
2012 2,171 918 13% 7% 0.022 16,937 3,940 3,820 12,997 (1,534) 764 0.100 0.644 0.450 0.498 19,024 184 347 69
2011 2,576 1,080 12% 8% 0.028 16,096 3,187 3,322 12,909 (1,012) 1,329 0.100 0.713 0.530 0.645 21,427 114 183 94

206
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Omani Packaging Co S.A.O.G PAPER, PA6CKAGING & GLASS

2015 2,271 959 7% 16% 0.030 11,443 5,606 3,244 5,837 374 487 0.100 0.290 0.234 0.290 9,406 27 110 19
2014 1,343 270 2% 5% 0.008 11,552 6,351 3,244 5,201 92 324 0.100 0.330 0.250 0.260 8,433 427 1,449 45
2013 1,414 455 4% 9% 0.014 11,226 5,971 3,244 5,255 (214) 324 0.100 0.332 0.245 0.300 9,731 1,275 4,116 238
2012 2,730 1,449 11% 25% 0.045 11,771 5,997 3,244 5,774 (156) 973 0.100 0.235 0.160 0.230 7,461 347 1,726 89
2011 1,461 534 5% 11% 0.016 11,649 6,838 3,244 4,811 281 487 0.100 0.210 0.140 0.160 5,190 231 1,459 77

Packaging Co Ltd S.A.O.G PAPER, PACKAGING & GLASS

2015 1,372 454 6% 6% 0.152 16,162 8,129 3,000 8,033 434 - 1.000 0.700 0.476 0.476 1,428 164 237 5
2014 790 66 1% 1% 0.020 14,974 7,406 3,000 7,568 (370) - 1.000 0.476 0.370 0.476 1,428 10 21 2
2013 77 41 1% 0% 0.010 15,167 6,900 3,000 8,267 96 - 1.000 0.370 0.370 0.370 1,110 - - -
2012 (301) (652) (758%) (31%) (0.220) 6,609 4,524 3,000 2,085 (10) - 1.000 0.370 0.370 0.370 1,110 - - -
2011 172 304 10% 11% 0.111 5,344 2,618 3,000 2,726 95 - 1.000 0.375 0.370 0.370 1,110 3 8 1

Gulf International Chemicals S.A.O.G CHEMICALS

2015 1,499 652 16% 18% 0.031 4,285 638 2,100 3,392 -328 735 0.1 0.306 0.152 0.26 5,460 12,070 50,429 5,189
2014 1,273 501 13% 16% 0.025 4,289 1,114 2,100 3,175 125 462 0.100 0.275 0.108 0.152 3,192 9,833 43,384 3,225
2013 1,142 249 7% 9% 0.012 3,912 1,049 2,100 2,863 162 221 0.100 0.224 0.162 0.214 4,494 10,930 57,514 5,064
2012 1,037 285 9% 10% 0.014 3,500 715 2,100 2,785 (77) 294 0.100 0.212 0.143 0.169 3,549 5,270 30,834 3,889
2011 1,101 330 10% 12% 0.016 3,436 669 2,100 2,767 277 315 0.100 0.264 0.112 0.144 3,024 4,460 23,343 5,130

National Detergent Co S.A.O.G, The CHEMICALS

2015 5,944 687 3% 5% 0.040 25,422 11,804 1,701 13,617 1,077 595 0.100 0.700 0.632 0.636 10,820 21 31 10
2014 5,396 809 3% 6% 0.048 26,291 13,032 1,701 13,259 (1,021) 681 0.100 0.804 0.680 0.700 11,909 138 184 26
2013 5,558 1,056 5% 8% 0.062 24,073 10,943 1,701 13,130 700 681 0.100 0.899 0.810 0.812 13,814 29 36 9
2012 4,665 679 3% 5% 0.040 22,508 9,839 1,701 12,669 (76) 595 0.100 0.899 0.849 0.899 15,292 1 1 11
2011 4,641 976 5% 8% 0.057 21,712 9,041 1,701 12,671 (218) 681 0.100 0.900 0.835 0.899 15,292 233 265 88

207
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Chlorine Co S.A.O.G CHEMICALS

2015 5,149 2,612 34% 10% 0.040 59,690 34,496 6,486 25,194 (3,605) 649 0.100 0.556 0.510 0.510 33,079 64 121 12
2014 4,573 1,927 26% 9% 0.037 34,230 12,657 6,177 21,573 1,654 618 0.100 0.700 0.556 0.556 34,345 2,265 3,638 118
2013 5,598 3,188 39% 16% 0.054 24,473 3,992 6,177 20,481 1,690 1,235 0.100 0.700 0.549 0.640 39,534 9,224 14,192 219
2012 5,250 3,127 40% 17% 0.051 20,800 2,931 6,177 17,869 1,690 1,544 0.100 0.550 0.440 0.549 33,912 1,715 3,575 425
2011 4,373 2,651 39% 17% 0.043 17,998 1,980 6,177 16,018 (515) 1,544 0.100 0.500 0.340 0.440 27,179 7,171 17,654 2,305

National Pharmaceutical Industries Co S.A.O.G PHARMACEUTICALS

2015 4,228 1,054 10% 16% 0.021 16,650 10,148 5,000 6,502 (1,920) 500 0.100 0.262 0.100 0.110 5,500 9,100 34,747 5
2014 3,595 916 9% 15% 0.018 15,498 9,249 5,000 6,249 (610) 800 0.100 0.120 0.100 0.100 5,000 - 1 11
2013 3,195 936 10% 15% 0.019 15,477 9,344 5,000 6,133 (192) 800 0.100 0.110 0.100 0.100 5,000 1 6 15
2012 2,224 524 7% 9% 0.011 14,338 8,441 5,000 5,897 775 700 0.100 0.100 0.100 0.100 5,000 - - -
2011 1,650 1,037 16% 19% 0.021 14,468 9,096 5,000 5,372 (37) - 0.100 0.100 0.100 0.100 5,000 1 1 7

Oman Cables Industry S.A.O.G ELECTRICAL & MECHANICAL

2015 35,380 21,343 8% 23% 0.0206 153,543 60,805 8,970 92,738 359 8,073 0.100 3.000 1.670 1.770 158,769 52,499 18,821 890
2014 33,880 19,879 7% 24% 0.198 160,127 76,629 8,970 83,498 814 8,073 0.100 2.640 1.540 1.915 171,776 23,233 9,599 1,959
2013 31,585 18,396 6% 25% 0.188 166,979 94,518 8,970 72,461 (3,350) 7,894 0.100 2.210 1.120 2.190 196,443 31,135 17,953 4,096
2012 24,891 12,873 5% 21% 0.133 146,813 85,068 8,970 61,745 3,313 6,279 0.100 1.144 0.700 1.125 100,913 7,856 8,943 1,903
2011 16,915 7,235 3% 14% 0.077 139,473 87,469 8,970 52,058 (988) 3,588 0.100 1.260 0.660 0.740 66,378 9,856 9,636 2,909

208
Industry
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Fiber Optic Co S.A.O.G ELECTRICAL & MECHANICAL

2015 13,944 1,068 7% 9% 0.256 37,903 19,946 6,274 17,957 (1,506) 1,569 1.000 5.505 4.875 5.255 32,970 15 3 17
2014 15,013 7,873 34% 43% 1.493 31,292 13,034 5,456 18,258 122 2,728 1.000 5.505 4.625 5.505 30,033 48 10 36
2013 14,735 4,262 16% 35% 0.898 30,271 18,226 4,744 12,045 (703) 2,372 1.000 5.460 2.500 4.845 22,985 45 10 40
2012 14,156 (1,560) (6%) (20%) (0.329) 20,066 12,282 4,744 7,784 1,793 - 1.000 3.604 2.760 2.760 13,093 9 3 18
2011 10,385 2,358 14% 23% 0.646 16,451 6,013 3,649 10,438 (65) 2,190 1.000 3.630 3.300 3.589 13,096 6 2 15

Voltamp Energy S.A.O.G ELECTRICAL & MECHANICAL

2015 8,289 3,305 9% 17% 0.055 36,686 17,266 6,050 19,421 836 1,815 0.100 0.480 0.350 0.430 26,015 5,477 13,087 1,432
2014 6,088 2,003 8% 12% 0.033 32,394 15,402 6,050 16,992 (1,415) 1,513 0.100 0.510 0.330 0.372 22,506 6,568 14,608 2,610
2013 5,132 1,952 9% 12% 0.032 24,989 8,866 6,050 16,123 1,211 1,361 0.100 0.500 0.351 0.470 28,435 12,978 31,777 4,956
2012 3,791 1,307 8% 9% 0.022 25,411 10,198 6,050 15,213 (314) 1,210 0.100 0.434 0.223 0.368 22,264 10,196 30,987 6,065
2011 3,684 1,359 9% 9% 0.022 23,971 8,965 5,500 15,006 (7,436) 1,650 0.100 0.724 0.398 0.414 22,770 9,450 15,844 5,527

209
Performance Highlights

210
Industry

SECTION 3
SERVICE SECTOR

211
Performance Highlights

212
Industry

213
Main Activities
Company name Basic information status Financial information Approval status
Al Jazeera Services Co S.A.O.G Approved Not approved
Majan College S.A.O.G (University College) Approved Not approved Assets Market Capitalisation Net-worth Equity
Al BatInah Hotels Co S.A.O.G (Sohar Beach Hotel) Approved Not approved
No of staff
Dhofar Tourism Co S.A.O.G Approved Not approved
Gulf Hotels (Oman) Company Limited S.A.O.G Approved Not approved
Al Kamil Power Company S.A.O.G Approved Not approved
Key Staff
Muscat Gases Co S.A.O.G Approved Not approved
Al Maha Petroleum Products Marketing Co. S.A.O.G Approved Not approved
National Hospitality Institute S.A.O.G Approved Not approved
Main Shareholders (Holding 5% and more shares)
Oman Hotels & Tourism Co S.A.O.G Approved Not approved
:
Oman Investment & Finance Co S.A.O.G Approved Not approved
:
Oman International Marketing Co S.A.O.G Approved Not approved
:
Oman National Engineering & Investment Company S.A.O.G Approved Not approved
:
Oman Telecommunications Co S.A.O.G
: (OMANTEL) Approved Not approved
Salalah Beach Resort S.A.O.G : Approved Not approved
United Power - PRE : Approved Not approved
Majan Capital Fund Approved Not approved
2014 2015
Al batinah Power Not Approved Approved

Board of Directors Oman Oil Marketing Co S.A.O.G Not Approved Approved


Al Suwadi Power : Not Approved Approved
Hotels Management Company International
: S.A.O.G Not Approved Not Approved
Oman Qatari Telecommunication :S.A.O.G - OOREDOO Not Approved Not Approved
Phoneix Power : Not Approved Not Approved
Port Services Corporation S.A.O.G: Not Approved Not Approved
Renaissance Services S.A.O.G : Jan Feb NotMar
Approved Apr May Jun NotJulApprovedAug Sep Oct Nov Dec
:
Shell Oman Marketing Company S.A.O.G Not Approved Not Approved
Salalah Port Services Co S.A.O.G Not Approved Not Approved
Al Buraimi Hotels S.A.O.G Not Approved Not Approved
National Gas Co S.A.O.G Not Approved Not Approved
Other Information Sharqiyah Desalination Company S.A.O.G Not Approved Not Approved
Established :
Auditors :
Legal Advisor :

214
Contents Page

Page Contents Page Contents


Telecommunications Education & Training
216 Oman Telecommunications Co. S.A.O.G (OMANTEL) 252 Dhofar University S.A.O.G
218 Omani Qatari Telecommunications Co S.A.O.G - ooredoo 254 Majan College S.A.O.G (University College)
Tourism & Hospitality 256 National Hospitality Institute S.A.O.G
220 Al Batinah Hotels Co S.A.O.G (Sohar Beach Hotel) 258 Oman Education & Training Investment S.A.O.G
222 Al Buraimi Hotel S.A.O.G Energy
224 Dhofar Tourism Co. S.A.O.G 260 ACWA Power Barka S.A.O.G
226 Gulf Hotels (Oman) Company Limited S.A.O.G 262 Al Batinah Power Co S.A.O.G
228 Hotels Management Company International S.A.O.G 264 Al Kamil Power Co. S.A.O.G
230 Oman Hotels & Tourism Co. S.A.O.G 266 Al Suwadi Power Co S.A.O.G
232 Sahara Hospitality Co. S.A.O.G 268 Oman National Engineering & Investment Company S.A.O.G
234 Salalah Beach Resort S.A.O.G 270 Sembcorp Salalah Power & Water Company S.A.O.G
236 Ubar Hotel & Resorts (Interior Hotels Co S.A.O.G) 272 Sharqiyah Desalination Company S.A.O.G
Logistics 274 SMN Power Holding
238 Port Services Corporation S.A.O.G 276 Sohar Power Co. S.A.O.G
240 Salalah Port Services Co. S.A.O.G 278 United Power Co. S.A.O.G
Oil & Gas Marketing 280 Phoenix Power S.A.O.G
242 Al Maha Petroleum Products Marketing Co. S.A.O.G Diversified Commercial Services
244 Muscat Gases Co. S.A.O.G 282 Oman International Marketing Co. S.A.O.G
246 National Gas Co. S.A.O.G 284 Al Jazeira Services Co. S.A.O.G
248 Oman Oil Marketing Co. S.A.O.G Net Profit /286 Oman
Total Dividend Investment
(RO 000) & Finance Co Ltd S.A.O.G
250 Shell Oman Marketing Co. S.A.O.G Net
288 Profit Renaissance
Total Dividend
Services S.A.O.G

290 - 299 Performance Highlights

215
Oman Telecommunications Co. S.A.O.G (OMANTEL)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Telecommunication Comany
1400000
Assets Market Capitalisation Net-worth Equity
Address
PO Box: 789, Postal Code: 111, Ruwi 1200000
Omani
Al Mawalih
GCC
1000000
Contact
Tel: 24244579, Fax: 24240102 Arabs not GCC
Email: faris.mamari@omantel.om 800000
Foreigners
Website: http://www.omantel.om
600000
No of staff
Omani: 2434, Expatriates: 255 - Total: 2689
400000

Key Staff Arabs not


Talal Said Almamari : CEO Omani GCC Foreigners Total 200000
GCC
Nos 23,897 202 4 5 24,108
0
Value 1,155,521,024 18,179,560 41,687 7,730 1,173,750,000 2011 2012 2013 2014 2015
Main Shareholders (Holding 5% and more shares)
% 98% 2% - - 100%
Oman Goverment - Represented by Ministry of Finance : 51%
Share Closing Price Index - Monthly for 2 years
General Reserve Fund : 5.34%
2014 2015
1.900
Board of Directors
H.E Eng. Sultan bin Hamdoon Al-Harthy : Chairman 1.775
Mr. Saud bin Ahmed Al-Nahari : Deputy Chairman
Mr. Abdul Kader Askalan : Member 1.650

Mr. Mehdi bin Mohammed Jawad Al-Abdwani : Member


1.525
Mr. Abdul Rahim bin Salem Al-Harmi : Member
Eng. Matar bin Saif Al-Mamari : Member 1.400
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Eng. Mohamed Hamad Al-Maskari : Member
Mr. Aimen bin Ahmed Al Hosni : Member
Trading Information 2015 2014 2013 2012 2011
Sayyed. Zaki bin Hilal Al-Busaidi : Member
No of Shares Traded (000) 53,811 181,370 62,055 45,758 53,242
Value of Trading (RO000) 90,015 285,203 93,706 62,297 63,125
No of trades executed 8,511 31,694 10,074 9,017 12,936
Other Information
Yearly High price (RO) 1.810 1.785 1.720 1.480 1.391
Established : 1st April 1999
Yearly low price (RO) 1.515 1.410 1.380 1.275 1.014
Auditors : Ernest & Young
Legal Advisor : Hamad Mohammed Alhadhrami Closing price (RO) 1.565 1.695 1.505 1.471 1.309
Price Earnings Ratio (Multiplier) 88.119 10.399 9.465 9.490 8.785
Market Capitalisation (RO000) 1,173,750 1,271,250 1,128,750 1,103,250 981,750

216 Telecommunications
Oman Telecommunications Co. S.A.O.G (OMANTEL) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 514,274 481,225 462,866 458,881 452,606 Cashflow from operating activities 220,783 223,580 189,193 204,452 194,013
Cost of Sales - - - - -
Cashflow from investing activities (126,033) (154,827) (67,154) (81,935) (104,241)
Gross Profit 514,274 481,225 462,866 458,881 452,606
Other income 4,435 375 2,021 3,095 10,970 Cashflow from financing activities (98,514) (92,186) (92,979) (106,321) (90,902)
Total Income 518,709 375 464,887 461,976 463,576 Net change in cash & cash equivalents (3,764) (23,433) 29,060 16,196 (1,130)
Operating expenses (392,260) (350,763) (341,370) (333,891) (329,713)
Other Gains/ (losses) (104,996) 3,883 4,145 (3,305) (6,583) Key Financial indicators
Income Tax (8,133) (19,169) (12,445) (11,733) (14,427)
Net profit for the year 13,320 115,551 115,217 113,047 112,853 Profitability
Other comprehesnive income 19,475 1,191 (2,870) (3,190) (2,988) Net Profit ratio % 3% 24% 25% 25% 25%
Total comprahensive income 32,795 116,742 112,347 109,857 109,865
Return on Equity % 3% 20% 21% 22% 22%
Financial Position Earning per share (RO) 0.065 0.163 0.159 0.155 0.149
Statement of Financial Position Cash dividend (RO000) 75,000 86,250 86,250 97,500 105,000
Assets
Non-current assets Cash dividend ratio % 100% 115% 115% 130% 140%
Tangible assets 463,292 463,183 396,399 387,954 390,422 Stock dividend (RO000) - - - - -
Investments 38,146 55,361 47,468 49,608 44,144 Stock dividend ratio % - - - - -
Other assets 62,542 59,568 60,218 61,312 63,524
563,980 578,112 504,085 498,874 498,090 Financial Position
Current assets Authorised Capital (RO000) 75,000 75,000 75,000 75,000 75,000
Investments 73,764 90,386 85,940 97,311 94,758
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 130,477 102,277 83,224 80,896 80,447
Inventories 8,328 10,358 10,836 9,411 9,468 Net assets / Book value per share (RO) 0.721 0.760 0.711 0.670 0.658
Cash & bank balances 16,645 48,828 71,684 42,945 26,817 Equity Ratio % 64% 68% 71% 70% 72%
Other assets - 4,213 - - -
229,214 256,062 251,684 230,563 211,490 Debt Ratio % 3% 4% 5% 5% 5%
Total assets 793,194 834,174 756,208 729,437 709,580 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 14,595 21,213 29,093 18,897 29,129 Inventory turnover (days) - - - - -
Other liabilities 8,062.00 12,867 11,043 12,894 16,637 Avg. collection period (days) 93 78 66 64 65
22,657 34,080 40,136 31,791 45,766
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 23,057 14,305 7,193 20,499 9,726
160000
Payables & accruals 242,113 215,717 169,499 163,864 145,766
140000
Other liabilities - - - - - 120000
265,170 230,022 176,692 184,363 155,492 100000
Total liabilities 287,827 264,102 216,828 216,154 201,258 80000
Equity 60000
40000
Share capital 75,000 75,000 75,000 75,000 75,000
20000
Retained earnings 345,728 394,700 358,591 325,554 305,993 0
Others 84,639 100,372 105,789 112,729 127,329 2011 2012 2013 2014 2015
Net-worth 505,367 570,072 539,380 513,283 508,322

Service 217
Omani Qatari Telecommunications Co S.A.O.G - ooredoo
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
ooredoo core business activity is the operation and provision of mobile and fixed
telecommunications networks and services to residential and corporate customers in 500000
the Sultanate of Oman Assets Market Capitalisation Net-worth Equity
450000
Omani
No of staff 400000
Omani: 906, Expatriates: 121 - Total: 1027 GCC
350000
Arabs not GCC 300000
Key Staff Foreigners
Greg Young : CEO 250000

200000

Main Shareholders (Holding 5% and more shares) 150000

TDC-Qtel Mena Investcom BSC : 55.00% 100000


Arabs not
Omani GCC Foreigners Total
GCC 50000
Nos 3,042 238 1 2 3,283
0
Value 192,623,692 268,171,403 70,800 2,620 460,868,515 2011 2012 2013 2014 2015
% 42% 58% - - 100%
Share Closing Price Index - Monthly for 2 years

2014 2015
0.850

Board of Directors
Sayyed Amjad Mohamed Al Busaidi : Chairman
0.675
Sheikh Saud Nasser Faleh Al Thani : Vice Chairman
Mr Khalil Ibrahim Al Emadi : Director
Mr Ghassan Khamis Al Hashar : Director
Dr Shaikha Sultan Al Jabir : Director 0.500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr Mohamed Jassim Al Kuwari : Director
Mr Ahmad Abdulaziz Al Neama : Director Trading Information 2015 2014 2013 2012 2011
Mr Said Faraj Al Rabeea : Director No of Shares Traded(000) 71,508 110,439 100,988 77,808 118,492
Mr Saif Al Yazidi : Director Value of Trading (RO000) 52,928 70,150 52,604 42,135 85,379
No of trades executed 6,117 7,212 8,355 9,723 24,362
Other Information Yearly High price (RO) 0.812 0.748 0.604 0.655 0.835
Established : 2004 Yearly low price (RO) 0.604 0.530 0.455 0.429 0.604
Auditors : Deloitte & Touche (M.E.) Closing price (RO) 0.708 0.628 0.600 0.461 0.650
Legal Advisor : Jim Maxwell Price Earnings Ratio (Multiplier) 11.070 10.828 11.765 8.088 8.904
Market Capitalisation (RO000) 460,869 408,790 390,564 300,083 423,111

218 Telecommunications
Omani Qatari Telecommunications Co S.A.O.G - ooredoo Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 252,080 226,388 201,956 193,500 196,865 Cashflow from operating activities 92,922 97,680 82,359 73,924 77,782
Cost of Sales - - - - -
Cashflow from investing activities (73,350) (69,986) (76,742) (41,397) (42,147)
Gross Profit 252,080 226,388 201,956 193,500 196,865
Other income (3,794) 718 173 365 337 Cashflow from financing activities (18,452) (15,718) (15,037) (52,251) (40,516)
Total Income 248,286 227,106 202,129 193,865 197,202 Net change in cash & cash equivalents 1,120 11,976 (9,420) (19,724) (4,881)
Operating expenses (199,700) (183,888) (164,616) (151,726) (143,213)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (6,953) (5,332) (4,376) (5,163) (6,477)
Net profit for the year 41,633 37,886 33,137 36,976 47,512 Profitability
Other comprehesnive income - - - 290 1,435 Net Profit ratio % 17% 17% 16% 19% 24%
Total comprahensive income 41,633 37,886 33,137 37,266 48,947
Return on Equity % 19% 19% 18% 21% 28%
Financial Position Earning per share (RO) 0.064 0.058 0.051 0.057 0.073
Statement of Financial Position Cash dividend (RO000) 26,038 24,736 24,736 24,736 24,736
Assets
Non-current assets Cash dividend ratio % 40% 38% 38% 38% 38%
Tangible assets 304,219 294,111 255,802 214,136 182,138 Stock dividend (RO000) - - - - -
Investments 255 - - - - Stock dividend ratio % - - - - -
Other assets 37,300 31,794 35,581 39,087 42,425
341,774 325,905 291,383 253,223 224,563 Financial Position
Current assets Authorised Capital (RO000) 70,000 70,000 70,000 70,000 70,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 37,671 31,944 32,693 30,055 29,702
Inventories 2,185 957 472 1,025 670 Net assets / Book value per share (RO) 0.331 0.305 0.290 0.277 0.257
Cash & bank balances 28,414 27,294 15,318 24,738 44,462 Equity Ratio % 53% 51% 55% 58% 56%
Other assets - - - - -
68,270 60,195 48,483 55,818 74,834 Debt Ratio % 8% 12% 11% 9% 18%
Total assets 410,044 386,100 339,866 309,041 299,397 Current ratio - - - 1 1
Liabilities Liquid ratio - - - 1 1
Non-current Liabilities
Borrowings 25,915 29,644 27,401 20,939 21,940 Inventory turnover (days) - - - - -
Other liabilities 7,595 7,027 6,398 4,406 5,042 Avg. collection period (days) 55 52 59 57 55
33,510 36,671 33,799 25,345 26,982
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 26,726 16,713 9,938 6,701 33,215
Payables & accruals 108,307 134,189 107,582 96,946 71,681 50000
Other liabilities 26,128 - - - - 45000
40000
161,161 150,902 117,520 103,647 104,896 35000
Total liabilities 194,671 187,573 151,319 128,992 131,878 30000
25000
Equity 20000
Share capital 65,094 65,094 65,094 65,094 65,094 15000
10000
Retained earnings 128,577 111,680 101,665 94,584 86,042 5000
Others 21,702 21,753 21,788 20,371 16,383 0
2011 2012 2013 2014 2015
Net-worth 215,373 198,527 188,547 180,049 167,519

Service 219
Al Batinah Hotels Co S.A.O.G (Sohar Beach Hotel)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hospitality
6000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani 5000
Omani: 43, Expatriates: 53 - Total: 96
GCC
4000
Key Staff Arabs not GCC
Foreigners
Subhash Kurup : (GM) 3000

Main Shareholders (Holding 5% and more shares)


2000
Oman Goverment - Ministry of Finance : 25.59%
Sulaiman Ahmed Said Al Hooqani : 19.63%
Omani GCC Arabs not GCC Foreigners Total 1000
First National : 17.84%
Nos 123 1 - - 124
Royal Oman Police Pension Fund : 11.35%
Value 4,074,458 138 - - 4,074,596
Civil Services Pension Fund : 10.54% 0
% 100% - - - 100% 2011 2012 2013 2014 2015
Royal Guard of Oman Pension Fund : 10.23%
Share Closing Price Index - Monthly for 2 years

2014 2015
1.250
Board of Directors
Mr. Sulaiman Bin Salim Al Aadi : Chairman
Mr. Salem Bin Adey Al Mamari : Vice Chairman 1.175
Mr. Mohamed Bin Yousuf Al Harthy : Director
Abdulla Saleh Mubarak Al Gheilani : Director
Mr. Sulaiman Bin Ahmed Al Hooqani : Director
1.100
Mr. Waseem Salah Qaraeen : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Sultan Bin Khalifa Al Tai : Director
Mr. Nasser Bin Saeed Al Harthy : Director Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - 430 - 3 3
Value of Trading (RO000) - 518 - 4 4
No of trades executed 1 3 - 1 3
Yearly High price (RO) 1.125 1.205 1.205 1.363 1.500
Other Information
Yearly low price (RO) 1.100 1.125 1.205 1.298 1.363
Established : 23/10/1992 Closing price (RO) 1.125 1.125 1.205 1.298 1.363
Auditors : Moore Stephens LLC Price Earnings Ratio (Multiplier) 53.331 1.125 17.721 23.179 64.905
Legal Advisor : Rajab Al Kathiri &Associates
Market Capitalisation (RO000) 4,075 4,075 4,079 2,998 2,999

220 Tourism & Hospitality


Al Batinah Hotels Co S.A.O.G (Sohar Beach Hotel) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 1,505 1,068 1,293 1,227 1,214 Cashflow from operating activities 894 94 (8) 281 337
Cost of Sales (1,459) (1,016) (1,110) (1,113) (1,173)
Cashflow from investing activities (763) (61) (1,097) (531) (360)
Gross Profit 46 52 183 114 41
Other income 7 22 26 28 31 Cashflow from financing activities (225) 80 1,078 264 -
Total Income 54 74 209 142 72 Net change in cash & cash equivalents (95) 113 (27) 14 (23)
Operating expenses 8 - (1) (2) (11)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (36) 23 (20) (11) (14)
Net profit for the year 76 97 188 129 47 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 2% 9% 15% 11% 4%
Total comprahensive income 26 97 188 129 47
Return on Equity % 1% 2% 5% 5% 2%
Financial Position Earning per share (RO) 0.007 0.027 0.063 0.056 0.020
Statement of Financial Position Cash dividend (RO000) - 181 - - -
Assets
Non-current assets Cash dividend ratio % - 5% - - -
Tangible assets 4,608 3,971 3,691 3,260 2,838 Stock dividend (RO000) - - 237 110 -
Investments - - - - - Stock dividend ratio % - - 5% 5% -
Other assets 9 44 16 13 13
4,616 4,015 3,707 3,273 2,851 Financial Position
Current assets Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 107 582 634 245 304
Inventories 59 42 62 53 91 Book value per share 1.095 1.137 1.189 1.194 1.195
Cash & bank balances 80 375 612 89 75 Equity Ratio % 82% 82% 80% 75% 79%
Other assets - - - - -
246 999 1,308 387 470 Debt Ratio % 11% 6% 4% 7% 0%
Total assets 4,863 5,014 5,015 3,660 3,321 Current ratio 1 3 3 1 2
Liabilities Liquid ratio 1 3 3 1 1
Non-current Liabilities
Borrowings 186 230 201 264 - Inventory turnover (days) 15 15 20 17 28
Other liabilities 342 367 381 371 382 Avg. collection period (days) 26 199 179 73 91
528 597 582 635 382
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 60 60 11 - -
200
Payables & accruals 310 237 398 266 309
Other liabilities - - - - - 160
369 297 409 266 309 120
Total liabilities 897 894 991 901 691
80
Equity
Share capital 3,622 3,622 3,385 2,310 2,200 40
Retained earnings 25 183 333 165 158 0
Others 318 315 306 284 271 2011 2012 2013 2014 2015
Net-worth 3,965 4,120 4,024 2,759 2,629

Service 221
Al Buraimi Hotel S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hospitality Business
5000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 8 , Expatriates: 35 - Total: 43 4000
GCC

Key Staff Arabs not GCC


3000
Ahmed bin Ameer bin Mansoor Al Rawas : CEO Foreigners
Asley D Rosario : Manager
2000

Main Shareholders (Holding 5% and more shares)


Omani GCC Arabs not GCC Foreigners Total 1000
Abdul Rahman Nasser Humaid Al Naimi : 49.6%
Nos 40 4 - - 44
Dr.Rashid Bin Naseer Al Naeemi : 40.05%
Value 3,141,628 2,464 - - 3,144,092
Abdullah Naseer Humaid Al Naeemi : 9.5% 0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.890
Board of Directors
Mr. Ahmed Bin Saif Bin Sulaiman Al Riyami : Chairman 0.882

Mr. Ashley D Rosario : Director 0.874


Mr. Pazhayathoppil Ahmed Koya : Director
0.866
Dr. Rashid Bin Nasser Al Naeemi : Director
0.858
Mr. Abdullah Nasser Humaid Al Naeemi : Director
Mr. Ahmed Mohammed Salim Al Yaqoobi : Director 0.850
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mazin Ahmed Amer Mansoor Al-Rawas : Director

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - - - - -
Value of Trading (RO000) - - - - -
No of trades executed - - - - -
Other Information
Yearly High price (RO) 0.880 0.880 0.880 0.880 0.880
Established : 1990
Yearly low price (RO) 0.880 0.880 0.880 0.880 0.880
Auditors : Horwath Mak Ghazali LLC
Legal Advisor : Mohsin Al Hadad & Amur Al Kiyumi Closing price (RO) 0.880 0.880 0.880 0.880 0.880
Price Earnings Ratio (Multiplier) 38.577 (15.172) (29.333) 88.000 (15.714)
Market Capitalisation (RO000) 3,144 3,144 3,144 3,144 3,144

222 Tourism & Hospitality


Al Buraimi Hotel S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 681 398 534 475 449 Cashflow from operating activities 2 37 89 107 85
Cost of Sales (254) (173) (234) (237) (303)
Cashflow from investing activities (4) (7) (28) (6) (1)
Gross Profit 427 225 300 238 146
Other income 65 53 113 258 246 Cashflow from financing activities 2 (29) (68) (93) (94)
Total Income 493 278 413 496 392 Net change in cash & cash equivalents (0) 1 (7) 8 (10)
Operating expenses (411) (453) (520) (460) (594)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - (30) - - -
Net profit for the year 81 (205) (107) 36 (202) Profitability
Other comprehesnive income - - - - - Net Profit ratio % 12% (52%) (20%) 8% (45%)
Total comprahensive income 81 (205) (107) 36 (202)
Return on Equity % 3% (8%) (4%) 1% (7%)
Financial Position Earning per share (RO) 0.023 (0.058) (0.030) 0.010 (0.056)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 3,678 3,790 3,902 4,000 4,130
Stock dividend (RO000) - - - - -
Investments - - - - -
Other assets - - - - - Stock dividend ratio % - - - - -
3,678 3,790 3,902 4,000 4,130
Financial Position
Current assets
Investments - - - - - Authorised Capital (RO000) 3,573 3,573 3,573 3,573 3,573
Receivables & prepayments 42 50 36 32 17 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Inventories 17 6 5 23 9 Net assets / Book value per share (RO) 0.757 0.734 0.791 0.821 0.816
Cash & bank balances 18 18 17 24 16
Other assets - - - - - Equity Ratio % 72% 68% 71% 72% 70%
77 74 58 79 42 Debt Ratio % 3% 7% 7% 9% 11%
Total assets 3,755 3,864 3,960 4,079 4,172
Current ratio - 0.07 0.06 0.10 0.05
Liabilities
Non-current Liabilities Liquid ratio - 0.07 0.06 0.07 0.04
Borrowings 77 124 173 238 331 Inventory turnover (days) 25 13 8 35 11
Other liabilities 34 58 53 101 102
112 182 226 339 433 Avg. collection period (days) 22 46 25 25 14
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 188 140 121 123 123 Net Profit Total Dividend
Payables & accruals 751 867 786 683 699 250
Other liabilities - 53 - - - 150
940 1,060 907 806 822
Total liabilities 1,051 1,242 1,133 1,145 1,255 50
0
Equity -50
Share capital 3,573 3,573 3,573 3,573 3,573 -150
Retained earnings (973) (1,046) (841) (734) (750)
Others 103 95 95 95 94 -250
2011 2012 2013 2014 2015
Net-worth 2,703 2,622 2,827 2,934 2,917

Service 223
Dhofar Tourism Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Tourism
60000
Assets Market Capitalisation Net-worth Equity
54000
No of staff
Omani
Omani: 28, Expatriates: 139 - Total: 167 48000
GCC
42000

Key Staff Arabs not GCC


36000
Said Ahmed Baabbad Admin Manager Foreigners
30000

24000
Main Shareholders (Holding 5% and more shares)
Qatar Holding LLC : 70.21% 18000

Dhofar International Development and Investment CO 12000


S.A.O.G
: 8.36% Omani GCC Arabs not GCC Foreigners Total
Nos 72 1 - - 73 6000
Value 13,694,835 665 - - 13,695,500
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Board of Directors Share Closing Price Index - Monthly for 2 years


Ahmad Yousef Al Ibrahim : Chairman 2014 2015
Sheikh/Faisal Bin Saud Al Thani : Vice Chairman 1.200
Saif Mohammed Al Madfaa : Director
Abdullah Ali Moqaibel - Resigned 01/09/2015 : Director
Amer Bin Ahmed Al Rawas : Director
0.675
Abdullah Salim Al Shanfari : Director
Sultan Mohammed Alasari : Director
Osama Mariam : Director
0.150
Mohammed Naser Alhomaidy : Director
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mohammed Yaser Almosalam : Director
Omer Abdelaziz Hamed : Director Trading Information 2015 2014 2013 2012 2011
Abdullah Ahmed Al Ibrahim - Appointed on 08/09/2015 Director No of Shares Traded (000) - - - - 26
Value of Trading (RO000) - - - - 26
Other Information No of trades executed - 3 1 1 15
Established : 1993 Yearly High price (RO) 0.490 1.000 1.030 1.000 1.100
Auditors : K.P.M.G Yearly low price (RO) 0.490 0.490 1.000 1.000 0.990
MOHAMMED AL-BARAMI Advocacy & Closing price (RO) 0.490 0.490 1.000 1.000 1.000
Legal Advisor : Legal Consultants Office
Price Earnings Ratio (Multiplier) 4.894 (8.167) (8.621) (4.739) (3.195)
Market Capitalisation (RO000) 13,696 13,696 13,700 13,700 10,960

224 Tourism & Hospitality


Dhofar Tourism Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 1,929 1,892 1,804 1,406 1,129 Cashflow from operating activities (1,165) (478) (666) (1,822) (1,382)
Cost of Sales (2,114) (2,021) (2,047) (2,049) (1,597)
Cashflow from investing activities 2,364 1,104 1,444 (7,017) (35)
Gross Profit (185) (129) (243) (643) (468)
Other income 70 16 34 - - Cashflow from financing activities (840) (750) (750) 9,036 350
Total Income (114) (113) (209) (643) (468) Net change in cash & cash equivalents 360 (124) 28 197 (1,067)
Operating expenses (1,052) (1,578) (1,248) (1,694) (1,909)
Other Gains/ (losses) - - (130) (51) (125) Key Financial indicators
Income Tax - - - - (4)
Net profit for the year (1,166) (1,691) (1,587) (2,388) (2,506) Profitability
Other comprehesnive income 3,964 - - - - Net Profit ratio % (60%) (124) (88%) (170%) (222%)
Total comprahensive income 2,798 (1,691) (1,587) (2,388) (2,506)
Return on Equity % (2%) (4%) (3%) (5%) (9%)
Financial Position Earning per share (RO) (0.042) (0.060) (0.050) (0.211) (0.313)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 51,095 46,975 47,945 47,443 48,396 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
51,095 46,975 47,945 47,443 48,396 Financial Position
Current assets - Authorised Capital (RO000) 28,000 28,000 28,000 13,700 8,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 773 351 411 212 188
Inventories 54 45 53 68 475 Net assets / Book value per share (RO) 1.673 1.573 3.333 3.353 3.546
Cash & bank balances 2,216 4,347 5,730 7,203 6 Equity Ratio % 86% 85% 84% 84% 58%
Other assets - - - - -
3,042 4,743 6,194 7,483 669 Debt Ratio % 11% 6% 7% 8% 30%
Total assets 54,137 51,718 54,139 54,926 49,065 Current ratio 2 3 4 5 -
Liabilities Liquid ratio 2 3 4 5 -
Non-current Liabilities
Borrowings 1,501 2,251 3,001 3,752 9,122 Inventory turnover (days) 9 8 9 12 109
Other liabilities 4,407 2,251 3,819 3,622 4,274 Avg. collection period (days) 146 68 83 55 61
5,907 2,251 6,820 7,374 13,396
Net Profit / Total Dividend (RO 000)
Current Liabilities -
Net Profit Total Dividend
Borrowings 750 2,251 750 750 5,627
3000
Payables & accruals 713 902 909 870 1,671
Other liabilities - - - - - 1800
1,463 1,652 1,659 1,620 7,298 600
Total liabilities 7,370 7,749 8,479 8,994 20,694 0
-600
Equity
Share capital 27,950 27,950 13,700 13,700 8,000 -1800
Retained earnings (12,823) (11,656) (9,966) (8,378) (5,990) -3000
Others 31,640 27,675 41,926 40,610 26,361 2011 2012 2013 2014 2015
Net-worth 46,767 43,969 45,660 45,932 28,371

Service 225
Gulf Hotels (Oman) Company Limited S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hotels and hospitality business
45000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani:152, Expatriates: 128 - Total: 280 36000
GCC

Key Staff Arabs not GCC


27000
Herve Corvest : General Manager Foreigners

18000
Main Shareholders (Holding 5% and more shares)
Golden Sands Hotels Co LLC : 61.93%
Salim & Partners LLC and associates : 14.14% 9000
Omani GCC Arabs not GCC Foreigners Total
Ministry of Defense Pension Fund : 9.38%
Nos 108 80 - - 188
Value 11,107,226 24,873,014 - - 35,980,239
0
% 31% 69% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
11.600
Board of Directors
11.300
Ali Ahmed Abdullah Al Najjar : Chairman
Haythem Bin Mahmood Macki : Deputy Chairman 11.000
Waleed Khamis Al Hashar : Director
K.V.Vijay Raghavan : Director 10.700
Hannah Salim Macki : Director
10.400
Emad Awwad : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sami Ahmed Macki : Director
Saleh Nasser Aboud Al Habsi Director Trading Information 2015 2014 2013 2012 2011
Marwan Mohammed Al Mulla Director No of Shares Traded (000) 8 206 116 2 -
Zahir Ali Juma Al Hashar Director Value of Trading (RO000) 82 2,308 1,337 19 -
No of trades executed 12 3 8 6 -
Other Information Yearly High price (RO) 10.500 11.500 12.650 11.000 11.000
Established : 1977 Yearly low price (RO) 9.700 10.500 11.000 9.900 11.000
Auditors : Deloitte & Touche Closing price (RO) 10.495 10.500 11.500 11.000 11.000
Legal Advisor : Rajab Al Kathiri & Associates Price Earnings Ratio (Multiplier) 16.250 13.798 16.174 15.515 14.455
Market Capitalisation (RO000) 35,980 35,994 39,422 37,708 37,708

226 Tourism & Hospitality


Gulf Hotels (Oman) Company Limited S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 9,128 9,461 8,841 8,388 8,085 Cashflow from operating activities 2,910 3,259 2,936 3,266 3,410
Cost of Sales (6,213) (6,093) (5,729) (5,253) (4,765)
Cashflow from investing activities (772) (838) (803) (342) (39)
Gross Profit 2,915 3,368 3,112 3,135 3,320
Other income 7 22 19 26 17 Cashflow from financing activities (2,228) (2,400) (2,400) (2,743) (2,571)
Total Income 2,922 3,390 3,131 3,161 3,337 Net change in cash & cash equivalents (90) 21 (267) 181 800
Operating expenses (395) (426) (318) (372) (373)
Other Gains/ (losses) - - (25) (26) - Key Financial indicators
Income Tax (313) (356) (350) (334) (356)
Net profit for the year 2,214 2,608 2,438 2,429 2,608 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 24% 28% 28% 29% 32%
Total comprahensive income 2,214 2,608 2,438 2,429 2,608
Return on Equity % 8% 9% 8% 9% 9%
Financial Position Earning per share (RO) 0.646 0.761 0.711 0.709 0.761
Statement of Financial Position
Cash dividend (RO000) 2,228 2,228 2,571 2,400 2,742
Assets
Non-current assets Cash dividend ratio % 65% 65% 75% 70% 80%
Tangible assets 32,109 32,127 31,746 30,527 30,423 Stock dividend (RO000) - - - - -
Investments - - - - -
Other assets - - - - - Stock dividend ratio % - - - - -
32,109 32,127 31,746 30,527 30,423 Financial Position
Current assets
Authorised Capital (RO000) 3,428 3,428 3,428 3,428 3,428
Investments 25 25 25 50 75
Receivables & prepayments 747 982 968 761 846 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Inventories 50 48 32 33 16 Net assets / Book value per share (RO) 8.432 8.436 8.375 8.375 8.375
Cash & bank balances 1,052 1,142 1,301 1,567 1,684
Other assets - - - - - Equity Ratio % 85% 85% 85% 85% 85%
1,874 2,197 2,326 2,411 2,621 Debt Ratio % 11% - - - -
Total assets 33,983 34,324 34,072 32,938 33,044 Current ratio 1 1 1 2 2
Liabilities
Non-current Liabilities Liquid ratio 1 1 1 1 2
Borrowings - - - - - Inventory turnover (days) 3 3 2 2 1
Other liabilities 3,627 3,603 3,581 3,438 3,400
3,627 3,603 3,581 3,438 3,400 Avg. collection period (days) 30 38 40 33 38
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings - - - - - Net Profit Total Dividend
Payables & accruals 1,452 1,696 1,674 1,601 1,432 3000
Other liabilities - - - - - 2400
1,452 1,696 1,674 1,601 1,432
Total liabilities 5,079 5,299 5,255 5,039 4,832 1800
Equity 1200
Share capital 3,428 3,428 3,428 3,428 3,428
600
Retained earnings 1,479 1,446 1,238 1,200 1,514
Others 23,997 24,151 24,151 23,271 23,270 0
2011 2012 2013 2014 2015
Net-worth 28,904 29,025 28,817 27,899 28,212

Service 227
Hotels Management Company International S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hotel Business
20000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 180, Expatriates: 203 - Total: 383 16000
GCC

Key Staff Arabs not GCC


12000
Morton Johnston : General Manager Foreigners

8000
Main Shareholders (Holding 5% and more shares)
Al Shaba Investments Co LLC : 39.67%
Provident Investment Co WLL : 10% 4000
Omani GCC Arabs not GCC Foreigners Total
Capital E Financial Group Limited : 10%
Nos 9 2 - 2 13
Civil Services Pension Fund : 6%
Value 2,662,500 562,500 - 525,000 3,750,000
0
Sultan special forces pension fund : 5.67%
% 71% 15% - 14% 100% 2011 2012 2013 2014 2015
Royal Guard of Oman Pension Fund : : 5%
Sultan Ahmed Al Habtoor : 5% Share Closing Price Index - Monthly for 2 years

2014 2015
1.280
Board of Directors
1.264
H.H. Sayyid Mohammed Thuwainy Shihab Al Said : Chairman
1.248
Mr. Abdullah Humaid Said Al Maamri : Vice Chairman
Mr. Saad Musa Al Jenaibi : Director 1.232
Mr. Ahmed Bin Said Al Mehrezi : Director 1.216
Mr. Mosobah Saif Al Muthairy : Director
1.200
Mrs. Rasmia Bint Noor Mohammed Al Zadjali : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Yaser Al Wazzan : Director
Mr. Nailesh K. Khimji : Director Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - - - - 300
Value of Trading (RO000) - - - - 375
No of trades executed - - - - 1
Other Information Yearly High price (RO) 1.250 1.250 1.250 1.250 1.250
Established : 2002 Yearly low price (RO) 1.250 1.250 1.250 1.250 1.250
Auditors : Deloitte & Touche Closing price (RO) 1.250 1.250 1.250 1.250 1.250
Legal Advisor : Said Al Shahri Office Price Earnings Ratio (Multiplier) 1.731 1.419 1.274 1.495 1.812
Market Capitalisation (RO000) 3,750 3,750 3,750 3,750 3,750

228 Tourism & Hospitality


Hotels Management Company International S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 11,258 12,193 11,847 10,713 9,048 Cashflow from operating activities 3,221 3,885 3,935 4,039 3,158
Cost of Sales (7,449) (8,360) (7,780) (6,909) (6,002)
Cashflow from investing activities (273) (465) (918) (1,659) (1,634)
Gross Profit 3,809 3,833 4,067 3,804 3,046
Other income - - - - - Cashflow from financing activities (1,950) (1,950) (3,357) (1,728) (2,079)
Total Income 3,809 3,833 4,067 3,804 3,046 Net change in cash & cash equivalents 998 1,470 (340) 652 (555)
Operating expenses (1,351) (826) (858) (822) (704)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (292) (365) (268) (473) (271)
Net profit for the year 2,166 2,642 2,941 2,509 2,071 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 19% 22% 25% 23% 23%
Total comprahensive income 2,166 2,642 2,941 2,509 2,071
Return on Equity % 15% 19% 22% 21% 21%
Financial Position Earning per share (RO) 0.722 0.881 0.981 0.836 0.690
Statement of Financial Position Cash dividend (RO000) 2,700 1,950 1,950 1,500 450
Assets
Non-current assets Cash dividend ratio % 90% 65% 65% 50% 15%
Tangible assets 10,960 11,822 12,522 12,636 11,842 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
10,960 11,822 12,522 12,636 11,842 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 1,103 1,354 1,315 1,108 1,189
Inventories 494 460 514 441 405 Net assets / Book value per share (RO) 4.789 4.717 4.486 4.006 3.319
Cash & bank balances 4,811 3,812 2,343 2,682 2,030 Equity Ratio % 83% 81% 81% 71% 64%
Other assets - - - - -
6,407 5,626 4,172 4,231 3,624 Debt Ratio % 3% - - 11% 19%
Total assets 17,367 17,448 16,694 16,867 15,466 Current ratio 3 2 1 1 1
Liabilities Liquid ratio 2 2 1 1 1
Non-current Liabilities
Borrowings - - - 355 1,712 Inventory turnover (days) 24 20 24 23 25
Other liabilities 448 388 326 461 387 Avg. collection period (days) 36 41 41 38 48
448 388 326 816 2,099
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - - - 1,429 1,279
3000
Payables & accruals 2,553 2,909 2,909 2,605 2,130
Other liabilities - - - - - 2400
2,553 2,909 2,909 4,034 3,409 1800
Total liabilities 3,001 3,297 3,235 4,850 5,508
1200
Equity
Share capital 3,000 3,000 3,000 3,000 3,000 600
Retained earnings 10,366 10,151 9,459 8,017 5,958 0
Others 1,000 1,000 1,000 1,000 1,000 2011 2012 2013 2014 2015
Net-worth 14,366 14,151 13,459 12,017 9,958

Service 229
Oman Hotels & Tourism Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hospitality
46000
Assets Market Capitalisation Net-worth Equity

No of staff 40250
Omani
Omani: 44, Expatriates: 84 - Total: 128
GCC 34500

Key Staff Arabs not GCC 28750


Pathmarajah Pillai - CFO Foreigners
23000

Main Shareholders (Holding 5% and more shares) 17250

Alkhonji Holding LLC : 56.58%


11500
Oman and Emirates Investment Holding Co S.A.O.G : 31.17%
Omani GCC Arabs not GCC Foreigners Total
5750
Nos 264 15 - 1 280
Value 12,842,014 357,454 - 533 13,200,000
0
% 97% 3% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
2.300
Board of Directors
Mr. Mohamed Abdulla Mohamed Al Khonji : Chairman
Mr. Awad Mohammed Bamkhalif : Deputy Chairman 1.225
Mr. Qaboos Abdulla Mohamed Al Khonji : Director
Mr. Raffy Manoug Kozadjian : Director
Dr. Gurusami Kolanthan : Director
0.150
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 6,201 2,586 3 32 7
Value of Trading (RO000) 2,536 9,213 7 88 20
No of trades executed 22 17 2 13 1
Other Information Yearly High price (RO) 0.420 3.650 2.205 3.100 3.250
Established : 1991 Yearly low price (RO) 0.228 0.220 2.200 1.985 3.100
Auditors : Ernst & Young LLC Closing price (RO) 0.240 0.228 2.200 2.205 3.100
Suhail Zabnoot Advocate & Legal
Legal Advisor : Consultants Price Earnings Ratio (Multiplier) 5.700 5.067 5.226 5.818 14.286
Market Capitalisation (RO000) 13,200 12,540 12,100 12,128 17,050

230 Tourism & Hospitality


Oman Hotels & Tourism Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 4,215 7,450 7,313 6,940 6,011 Cashflow from operating activities 1,788 2,235 2,481 2,265 1,698
Cost of Sales (1,458) (2,724) (2,694) (2,754) (2,458)
Cashflow from investing activities (5,288) (2,745) (1,218) (573) (882)
Gross Profit 2,757 4,726 4,619 4,186 3,553
Other income 14 18 22 3 42 Cashflow from financing activities 2,668 1,204 (1,011) (1,584) (936)
Total Income 2,771 4,744 4,641 4,189 3,595 Net change in cash & cash equivalents (832) 694 252 108 (120)
Operating expenses (2,122) (3,266) (3,023) (2,742) (2,666)
Other Gains/ (losses) 1,749 1,169 850 788 459 Key Financial indicators
Income Tax (82) (173) (150) (152) (194)
Net profit for the year 2,316 2,474 2,318 2,083 1,194 Profitability
Other comprehesnive income 337 - - - - Net Profit ratio % 55% 33% 32% 30% 20%
Total comprahensive income 2,653 2,474 2,318 2,083 1,194
Return on Equity % 7% 8% 8% 8% 5%
Financial Position Earning per share (RO) 0.042 0.045 0.421 0.379 0.217
Statement of Financial Position
Cash dividend (RO000) 1,100 - 825 825 550
Assets
Non-current assets Cash dividend ratio % 20.0% - 15% 15% 10%
Tangible assets 12,993 20,664 20,871 20,713 20,843 Stock dividend (RO000) - - - - -
Investments 18,375 20,664 10,882 10,547 10,364
Stock dividend ratio % - - - - -
Other assets 406 417 431 415 389
31,774 34,787 32,184 31,675 31,596 Financial Position
Current assets
Authorised Capital (RO000) 70,000 70,000 7,000 7,000 7,000
Investments 163 199 390 304 210
Receivables & prepayments 546 866 901 1,066 1,351 Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Inventories 64 131 153 148 129 Net assets / Book value per share (RO) 0.609 0.561 5.312 5.040 4.761
Cash & bank balances 580 1,483 788 536 428
Equity Ratio % 78% 82% 85% 82% 78%
Other assets 9,767 - - - -
11,120 2,679 2,232 2,054 2,118 Debt Ratio % 13% 8% 5% 8% 12%
Total assets 42,894 37,466 34,416 33,729 33,714 Current ratio 3 1 1 1 1
Liabilities Liquid ratio 3 1 1 1 1
Non-current Liabilities
Borrowings 4,518 2,077 1,029 1,182 2,233 Inventory turnover (days) 16 18 21 20 19
Other liabilities 996 2,144 2,096 2,036 1,979 Avg. collection period (days) 47 42 45 56 82
5,514 4,221 3,125 3,218 4,212
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 1,364 891 600 1,350 1,670 Net Profit Total Dividend
Payables & accruals 981 1,492 1,477 1,440 1,645 3000
Other liabilities 1,521 - - - - 2400
3,866 2,383 2,077 2,790 3,315
1800
Total liabilities 9,380 6,604 5,202 6,008 7,527
Equity 1200
Share capital 5,500 5,500 5,500 5,500 5,500 600
Retained earnings 13,494 10,865 9,257 7,814 6,374
0
Others 14,521 14,497 14,457 14,407 14,313 2011 2012 2013 2014 2015
Net-worth 33,515 30,862 29,214 27,721 26,187

Service 231
Sahara Hospitality Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Build, Own and Operate Permanent Accommodation for Contractors of Petroleum
Development Oman LLC. 32000
Provision of Hospitality Services Assets Market Capitalisation Net-worth Equity

No of staff 28000
Omani
Omani: 124, Expatriates: 224 - Total: 348
GCC 24000

Key Staff Arabs not GCC 20000

Mr. Raymond Bejjani : Deputy Chairman Foreigners


16000
Mr. Hichem Maalouf : General Manager
Mr. Keith A Burns : Contracts Manager 12000

8000
Main Shareholders (Holding 5% and more shares) Omani GCC Arabs not GCC Foreigners Total
4000
Alawi Enterprises LLC, Oman : 20% Nos 28 - - 1 29
Catering and Supplies Company LLC, Oman : 20% Value 14,579,720 - - 3,613 14,583,333
0
Chatron Commercial Corporation, Panama : 16.84% % 100% - - - 100% 2011 2012 2013 2014 2015

Azan Qais Abdulmunim Al Zawawi : 8.50%


NBO,Local Trust : 6.54% Share Closing Price Index - Monthly for 2 years
Ms.Lubna Qais Abdulmunim Al Zawawi, Oman : 5.14% 2014 2015
2.550

Board of Directors 2.475


Talal Bin Qais Al Zawawi : Chairman
Raymond Bejjani : Executive Director
Ramesh Kumar : Director 2.400
S Kasiraman : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

K.S. Visruthan : Director


Trading Information 2015 2014 2013 2012 2011
Yaseen Hassan Abdullatif : Director
No of Shares Traded (000) 1 1 - 350 -
K.T. Rajagopalan : Director
Value of Trading (RO000) 3 2 - 858 -
K. U. Rajasekar : Director
No of trades executed 1 1 - 3 -
Yearly High price (RO) 2.500 2.450 2.450 2.450 2.350
Other Information Yearly low price (RO) 2.450 2.450 2.350 2.350 2.350
Established : 03/11/1999 Closing price (RO) 2.500 2.450 2.450 2.450 2.350
Auditors : Moore Stephens Price Earnings Ratio (Multiplier) 5.755 7.143 7.704 7.143 7.912
Legal Advisor : Trowers & Hamlins
Market Capitalisation (RO000) 14,583 14,292 14,292 14,291 13,708

232 Tourism & Hospitality


Sahara Hospitality Co. S.A.O.G Fiscal Year - 30th November

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 12,207 12,018 11,456 10,821 7,608 Cashflow from operating activities 2,342 2,035 3,753 2,266 2,281
Cost of Sales (8,580) (8,414) (7,938) (7,584) (4,930)
Cashflow from investing activities (13) (225) (1,042) (1,989) (6,447)
Gross Profit 3,627 3,604 3,518 3,237 2,678
Other income - - - - - Cashflow from financing activities (2,054) (2,012) (2,758) 458 3,067
Total Income 3,627 3,604 3,518 3,237 2,678 Net change in cash & cash equivalents 275 (202) (47) 735 (1,099)
Operating expenses (752) (1,328) (1,422) (967) (714)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (342) (276) (241) (269) (232)
Net profit for the year 2,534 2,000 1,855 2,001 1,732 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 21% 17% 16% 17% 23%
Total comprahensive income 2,534 2,000 1,855 2,001 1,732
Return on Equity % 15% 13% 13% 15% 15%
Financial Position Earning per share (RO) 0.434 0.343 0.318 0.343 0.297
Statement of Financial Position Cash dividend (RO000) 875 875 875 875 817
Assets
Non-current assets Cash dividend ratio % 15.0% 15% 15% 15% 14%
Tangible assets 20,072 21,147 22,032 22,067 21,000 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
20,072 21,147 22,032 22,067 21,000 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 4,783 4,425 4,479 5,666 2,731
Inventories 12 12 13 8 12 Net assets / Book value per share (RO) 2.894 2.609 2.417 2.249 2.046
Cash & bank balances 1,137 862 1,065 1,112 376 Equity Ratio % 65% 57% 51% 45% 49%
Other assets - 295 - - -
5,931 5,594 5,557 6,786 3,119 Debt Ratio % 22% 30% 33% 38% 41%
Total assets 26,003 26,741 27,589 28,853 24,119 Current ratio 2 1 1 1 1
Liabilities Liquid ratio 2 1 1 1 1
Non-current Liabilities
Borrowings 5,700 6,879 7,313 9,196 8,081 Inventory turnover (days) - 1 1 - 1
Other liabilities 58 51 593 140 136 Avg. collection period (days) 143 134 143 178 131
5,758 6,930 7,906 9,336 8,217
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 1,179 1,179 1,883 1,883 1,723
3000
Payables & accruals 2,186 3,411 3,703 4,517 2,246
Other liabilities - - - - - 2400
3,365 4,590 5,586 6,400 3,969 1800
Total liabilities 9,123 11,520 13,492 15,736 12,186
1200
Equity
Share capital 5,833 5,833 5,833 5,833 5,833 600
Retained earnings 9,119 7,714 6,789 5,995 5,011 0
Others 1,928 1,674 1,475 1,289 1,089 2011 2012 2013 2014 2015
Net-worth 16,880 15,221 14,097 13,117 11,933

Service 233
Salalah Beach Resort S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Hotel, Restaurants
12000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani 10000
Omani: 14, Expatriates: 168 - Total: 182
GCC
8000
Key Staff Arabs not GCC
Nader Halim (General Manager) Foreigners
6000

Main Shareholders (Holding 5% and more shares)


4000
Golden Sands Hotel Company LLC : 65.08%
Ministry of Finance : 16.00%
Omani GCC Arabs not GCC Foreigners Total 2000
Abdul Alim Mustahil Rakhiyoot : 12.12%
Nos 173 4 - - 177
Value 2,873,074 5,751,926 - - 8,625,000
0
% 33% 67% 0% 0% 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
1.400
Board of Directors
Mohammad Ghuloom Ahmad Khoori : Chairman
Abdul Alim Mustahil Rakhiyoot : Vice Chairman 1.300
Khalid Al Rawas : Director
Narendra Keshavji : Director
Anil Bhardwaj : Director
1.200
Richard Rory OConnor : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Habib Mohamed Habib : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - - 45 3 39
Value of Trading (RO000) - - 62 5 56
No of trades executed - 4 13 6 14
Other Information Yearly High price (RO) 1.380 1.380 1.380 1.430 1.430
Established : 1998 Yearly low price (RO) 1.380 1.380 1.350 1.300 1.430
Auditors : Deloitte & Touche (M.E) & Co LLC Closing price (RO) 1.380 1.380 1.380 1.350 1.430
Legal Advisor : Dentons & Co Price Earnings Ratio (Multiplier) 10.902 10.866 9.517 10.887 14.020
Market Capitalisation (RO000) 8,625 8,625 8,625 8,438 8,938

234 Tourism & Hospitality


Salalah Beach Resort S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 3,790 3,755 3,848 3,685 3,411 Cashflow from operating activities 948 1,188 1,319 1,086 1,127
Cost of Sales (1,935) (2,011) (2,012) (1,986) (1,819)
Cashflow from investing activities (55) (283) (1,151) (877) 489
Gross Profit 1,855 1,744 1,836 1,699 1,592
Other income (51) 28 52 48 40 Cashflow from financing activities (750) (283) - - (1,650)
Total Income 1,804 1,772 1,888 1,747 1,632 Net change in cash & cash equivalents 143 (32) 168 209 (34)
Operating expenses (909) (901) (860) (870) (877)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (104) (78) (120) (102) (115)
Net profit for the year 791 793 908 775 640 Profitability
Other comprehesnive income 176 - - - - Net Profit ratio % 21% 21% 24% 21% 19%
Total comprahensive income 967 793 908 775 640
Return on Equity % 8% 8% 9% 9% 8%
Financial Position Earning per share (RO) 0.127 0.127 0.145 0.124 0.102
Statement of Financial Position Cash dividend (RO000) 688 750 938 - -
Assets
Non-current assets Cash dividend ratio % 11% 12% 15% - -
Tangible assets 8,181 8,130 8,082 8,124 8,355 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
8,181 8,130 8,082 8,124 8,355 Financial Position
Current assets Authorised Capital (RO000) 6,250 6,250 6,250 6,250 6,250
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 536 382 485 397 298
Inventories 31 40 62 113 106 Net assets / Book value per share (RO) 1.593 1.559 1.582 1.437 1.313
Cash & bank balances 2,292 2,292 2,433 1,365 355 Equity Ratio % 90% 90% 89% 90% 90%
Other assets - - - - -
2,859 2,714 2,980 1,875 759 Debt Ratio % 5% - - - -
Total assets 11,039 10,844 11,062 9,999 9,114 Current ratio 5 5 4 3 2
Liabilities Liquid ratio 5 4 4 3 2
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 6 7 11 21 21
Other liabilities 552 501 498 480 435 Avg. collection period (days) 52 37 46 39 32
552 501 498 480 435
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - - - - -
1000
Payables & accruals 528 601 677 540 475
Other liabilities - - - - - 800
528 601 677 540 475 600
Total liabilities 1,080 1,102 1,175 1,020 910
400
Equity
Share capital 6,250 6,250 6,250 6,250 6,250 200
Retained earnings 741 779 1,003 186 (512) 0
Others 2,968 779 2,634 2,543 2,466 2011 2012 2013 2014 2015
Net-worth 9,959 9,742 9,887 8,979 8,204

Service 235
Ubar Hotel & Resorts (Interior Hotels Co S.A.O.G)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Service Sector- Tourism
20000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 45, Expatriates: 70 - Total: 115 16000
GCC

Key Staff Arabs not GCC


12000
Sandeep Jaitly : CEO Foreigners

8000
Main Shareholders (Holding 5% and more shares)
Mohammed Al Barwani Investment L.L.C : 15.00%
ROP Pension Fund : 16.11% 4000
Omani GCC Arabs not GCC Foreigners Total
Civil Services Pension Fund : 60.55%
Nos 63 1 - - 64
Value 5,001,310 440 - - 5,001,758
0
% 99.9% 0.01% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.500
Board of Directors
0.375
Mr. Usama Mohammed Ali Al Barwani : Chairman
Ms. Safana Mohammed Ali Al Barwani : Vice Chairman 0.250
Mr. Sushil Kumar Srivastava : Director
Mr. Mohamed Masaud Said Al Kharusi : Director 0.125
Dr. Rashid Salim Rashid Al Badi : Director
0.000
Mr. Sami Yahya Hamed Al Dughaishi : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Khalfan Saif Khalfan Al Salhi : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) - - - - 778
Value of Trading (RO000) - - - - 132
No of trades executed - - - - 1
Other Information Yearly High price (RO) 0.129 0.129 0.129 0.129 0.375
Established : 1994 Yearly low price (RO) 0.129 0.129 0.129 0.129 0.169
Auditors : Pricewaterhouse Coopers LLC Closing price (RO) 0.129 0.129 0.129 0.129 0.170
Legal Advisor : Rajab Al Kathiri& Associates Price Earnings Ratio (Multiplier) 7.165 5.375 4.778 6.450 5.313
Market Capitalisation (RO000) 6,452 6,452 6,452 6,453 2,781

236 Tourism & Hospitality


Ubar Hotel & Resorts (Interior Hotels Co S.A.O.G) Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 5,655 6,241 6,255 3,607 2,211 Cashflow from operating activities 1,258 2,381 1,853 948 848
Cost of Sales (4,326) (4,461) (4,360) (2,767) (1,515)
Cashflow from investing activities (226) (291) (448) (11,461) (71)
Gross Profit 1,329 1,780 1,895 840 696
Other income 3 4 5 5 8 Cashflow from financing activities (1,850) (1,748) (1,498) 10,641 (180)
Total Income 1,332 1,784 1,900 845 704 Net change in cash & cash equivalents (818) 342 (93) 128 597
Operating expenses (326) (385) (440) (165) -
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (111) (209) (94) (53) (73)
Net profit for the year 895 1,190 1,366 627 631 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 16% 19% 22% 17% 29%
Total comprahensive income 895 1,190 1,366 627 631
Return on Equity % 11% 14% 17% 9% 17%
Financial Position Earning per share (RO) 0.018 0.024 0.027 0.020 0.032
Statement of Financial Position Cash dividend (RO000) 400 850 750 500 340
Assets
Non-current assets Cash dividend ratio % 8.0% 17% 15% 10% 17%
Tangible assets 12,809 13,268 13,623 13,768 2,084 Stock dividend (RO000) - - - - 1,101
Investments - - - - - Stock dividend ratio % - - - - 55%
Other assets - - - - -
12,809 13,268 13,623 13,768 2,084 Financial Position
Current assets Authorised Capital (RO000) 6,000 6,000 6,000 6,000 2,500
Investments - - - - -
Receivables & prepayments 1,009 760 1,234 905 466 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Inventories 115 107 97 96 55 Net assets / Book value per share (RO) 0.167 0.166 0.158 0.140 0.186
Cash & bank balances 753 1,571 1,229 1,322 1,694 Equity Ratio % 57% 53% 49% 44% 87%
Other assets - - - - -
1,877 2,438 2,560 2,323 2,215 Debt Ratio % 34% 38% 43% 50% -
Total assets 14,686 15,706 16,183 16,091 4,299 Current ratio 1 1 1 1 7
Liabilities Liquid ratio 1 1 1 1 7
Non-current Liabilities
Borrowings 3,988 4,988 5,986 6,983 - Inventory turnover (days) 10 9 8 13 13
Other liabilities 451 414 322 299 263 Avg. collection period (days) 65 44 72 92 77
4,439 5,402 6,308 7,282 263
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 1,000 998 998 998 -
1500
Payables & accruals 878 982 993 793 306
Other liabilities - - - - - 1200
1,878 1,980 1,991 1,791 306 900
Total liabilities 6,317 7,382 8,299 9,073 569
600
Equity
Share capital 5,002 5,002 5,002 5,002 2,001 300
Retained earnings 1,712 1,917 1,773 1,223 1,056 0
Others 1,654 1,405 1,109 793 673 2011 2012 2013 2014 2015
Net-worth 8,368 8,324 7,884 7,018 3,730

Service 237
Port Services Corporation S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Port Operation and Management.
60000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani 50000
Omani: 350 , Expatriates: 78 - Total: 428
GCC
40000
Key Staff Arabs not GCC
Saud bin Ahmed Al Nahari : CEO Foreigners
30000

Main Shareholders (Holding 5% and more shares)


20000
Ministry of Finance : 35.49%
Sheikh Mustahail Bin Ahmed Al Maashani : 6.06%
Omani GCC Arabs not GCC Foreigners Total 10000
Royal Oman Police Pension Fund : 5%
Nos 719 12 - 2 733
Value 12,172,149 562,809 - 402 12,735,360
0
% 96% 4% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years


Board of Directors
2014 2015
H.E. Mohd. Jawad Bin Hassan Bin Suleiman : Representing Government share
0.600
Representing Muscat Overseas Co.
Sheikh Qais Bin Mustahail Bin Ahmed Al Maashani : LLC [up to 23/03/2015]
0.475
Representing Government share
Ameed Issa Bin Said Bin Sulaiman Al Kayoumi : [up to 25/10/2015]
Representing Private share holders
0.350
Sheikh Khalid Bin Hilal Bin Nasser Al Maawali : [up to 23/03/2015]
Engineer Thuriya Bint Humood Al Habsi : Representing Government share 0.225

Sheikh Hamoud Bin Mustahail Bin Ahmed Al : Representing Private share holders
0.100
Sayyed Zaki Bin Hilal Bin Saud AL Busaidi : Representing Private share holders Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Representing Private share holders
Mr. Mohsin Bin Ahmed Bin Alawi Al Hadad [from 23/03/2015]
Trading Information 2015 2014 2013 2012 2011
Representing Private share holders
Mr. Salim Bin Taman Bin Musallam Al Maashani [from 23/03/2015] No of Shares Traded (000) 4,854 21,032 32,651 17,617 14,672

Ageed Khalifa Ali Al Siyabi Representing Government share Value of Trading (RO000) 943 11,058 17,551 8,417 7,810
[from 20/12/2015]
No of trades executed 876 2,815 2,810 2,967 3,260
Yearly High price (RO) 0.360 0.598 0.586 0.565 0.611
Other Information
Yearly low price (RO) 0.122 0.278 0.475 0.368 0.375
Established : 1976 Closing price (RO) 0.134 0.354 0.576 0.518 0.428
Auditors : Moore Stephens Price Earnings Ratio (Multiplier) 10.661 11.063 8.727 8.633 9.304
Legal Advisor : Abdulhafiz Khaedir Othman
Market Capitalisation (RO000) 12,735 33,644 54,743 49,231 40,677

238 Logistics
Port Services Corporation S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 2,974 14,017 22,439 21,696 19,067 Cashflow from operating activities (5,516) (2,034) 5,758 6,747 3,530
Cost of Sales - - - - -
Cashflow from investing activities 8,099 3,877 (370) (964) (267)
Gross Profit 2,974 14,017 22,439 21,696 19,067
Other income 471 576 223 249 259 Cashflow from financing activities (2,851) (5,702) (5,227) (4,752) (5,227)
Total Income 3,445 14,593 22,662 21,945 19,326 Net change in cash & cash equivalents (268) (3,859) 161 1,031 (1,964)
Operating expenses (2,590) (12,891) (18,129) (17,289) (15,357)
Other Gains/ (losses) - 1,638 2,397 1,719 1,017 Key Financial indicators
Income Tax 339 (312) (636) (716) (640)
Net profit for the year 1,195 3,028 6,294 5,659 4,346 Profitability
Other comprehesnive income (3055) (7) 3,996 1,147 (1,540) Net Profit ratio % 40% 22% 28% 26% 23%
Total comprahensive income (1,860) 3,021 10,290 6,806 2,806
Return on Equity % 4% 8% 16% 16% 13%
Financial Position Earning per share (RO) 0.013 0.032 0.066 0.060 0.046
Statement of Financial Position Cash dividend (RO000) 1,901 1,901 5,702 5,227 4,752
Assets
Non-current assets Cash dividend ratio % 20.0% 20% 60% 55% 50%
Tangible assets 5,238 5,842 8,247 9,254 10,472 Stock dividend (RO000) - - - - -
Investments 27,714 30,290 27,446 23,207 21,555 Stock dividend ratio % - - - - -
Other assets - - 4,673 4,713 4,714
32,952 36,132 40,366 37,174 36,741 Financial Position
Current assets Authorised Capital (RO000) 9,504 9,504 9,504 9,504 9,504
Investments 3,826 2,617 2,549 1,912 1,774
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 1,249 1,738 3,522 2,789 2,919
Inventories 208 273 398 384 414 Net assets / Book value per share (RO) 0.334 0.397 0.425 0.372 0.350
Cash & bank balances 3,084 5,253 7,361 5,500 2,469 Equity Ratio % 77% 79% 75% 74% 75%
Other assets - 1,596 3 - -
8,367 11,477 13,833 10,585 7,576 Debt Ratio % 1% 8% 3% 3% 3%
Total assets 41,319 47,609 54,199 47,759 44,317 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities 513 863 2,098 1,931 1,856 Avg. collection period (days) 153 45 57 47 56
513 863 2,098 1,931 1,856
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 6,550 3,950 1,500 1,500 1,500
7000
Payables & accruals 2,541 5,052 10,175 8,965 7,652
Other liabilities - - - - - 5600
9,091 9,002 11,675 10,465 9,152 4200
Total liabilities 9,604 9,865 13,773 12,396 11,008
2800
Equity
Share capital 9,504 9,504 9,504 9,504 9,504 1400
Retained earnings 9,850 14,562 17,236 16,169 15,262 0
Others 12,361 13,678 13,686 9,690 8,543 2011 2012 2013 2014 2015
Net-worth 31,715 37,744 40,426 35,363 33,309

Service 239
Salalah Port Services Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Leasing, Equipping, Operating and Managing Container Terminal and General Cargo
Terminal Facilities in Salalah. 150000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 1030 , Expatriates: 1107 - Total: 2137 120000
GCC

Key Staff Arabs not GCC 90000


David Gledhill : CEO Foreigners

60000
Main Shareholders (Holding 5% and more shares)
A P Terminals BV : 30.12%
Ministry of Finance : 20.08% 30000
Omani GCC Arabs not GCC Foreigners Total
HSBC BK PLC a/c IB Account : 14.33%
Nos 1,225 42 - 1 1,268
Ministry of Defence Pension Fund : 10.00%
Value 81,326,825 99,170 - 35,108,640 116,534,635 0
Public Authority for Social Insurance - PASI : 6.44% 2011 2012 2013 2014 2015
% 70% - - 30% 100%
Dhofar International Development and Investment CO
S.A.O.G
: 6.00%
Share Closing Price Index - Monthly for 2 years

2014 2015
0.660
Board of Directors
0.655
H.E. Ahmed Bin Nasser Al Mahrizi : Chairman
Mr. Ali Mohammed Redha : Director General of Treasury and Accounts 0.650
Mr. Hartmut Goeritz : Head of Hub Terminals Portfolio of APM
Terminals
0.645
Mr. Tiemen Meester : Vice President Business Implementation
Sheikh Braik Musallam Al Amri : financial services sector 0.640
Director General Administration and Human Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Brig. Sultan Saif Saud Al Akhzami : Resources
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 41 253 182 43 42
Value of Trading (RO000) 27 164 97 21 20
No of trades executed 19 48 69 56 39
Other Information Yearly High price (RO) 0.660 0.696 0.600 0.500 0.529
Established : 1997 Yearly low price (RO) 0.632 0.588 0.490 0.423 0.440
Auditors : KPMG Closing price (RO) 0.648 0.648 0.600 0.500 0.479
Legal Advisor : Trowers & Hamlins Price Earnings Ratio (Multiplier) 22.489 22.345 19.355 12.821 36.846
Market Capitalisation (RO000) 116,535 116,535 107,902 89,920 86,143

240 Logistics
Salalah Port Services Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 49,508 53,533 58,505 57,540 49,822 Cashflow from operating activities 17,247 24,367 18,999 21,751 12,457
Cost of Sales (30,034) (30,928) (30,864) (30,355) (27,336)
Cashflow from investing activities (8,901) (7,436) (9,919) (1,935) 3,449
Gross Profit 19,474 22,605 27,641 27,185 22,486
Other income 1,457 642 370 232 61 Cashflow from financing activities (18,593) (12,819) (11,660) (12,645) (12,749)
Total Income 20,931 23,247 28,011 27,417 22,547 Net change in cash & cash equivalents (10,247) 4,112 2,580) 7,171 3,157
Operating expenses (15,292) (17,026) (21,400) (19,479) (19,853)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (457) (959) (948) (855) (333)
Net profit for the year 5,182 5,262 5,663 7,083 2,361 Profitability
Other comprehesnive income 689 848 1,369 247 18 Net Profit ratio % 10% 10% 10% 12% 5%
Total comprahensive income 5,871 6,110 7,032 7,330 2,379
Return on Equity % 10% 11% 12% 16% 6%
Financial Position Earning per share (RO) 0.029 0.029 0.031 0.039 0.013
Statement of Financial Position Cash dividend (RO000) 2,698 2,698 4,496 4,496 2,698
Assets
Non-current assets Cash dividend ratio % 15.0% 15% 25% 25% 15%
Tangible assets 71,618 75,890 82,540 89,842 95,900 Stock dividend (RO000) - - - - -
Investments 297 293 274 226 240 Stock dividend ratio % - - - - -
Other assets 15,183 5,198 4,213 4,228 4,243
87,098 81,381 87,027 94,296 100,383 Financial Position
Current assets Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 7,854 8,167 13,799 14,121 10,628
Inventories 1,490 1,424 1,734 1,902 2,486 Net assets / Book value per share (RO) 0.287 0.270 0.261 0.246 0.221
Cash & bank balances 12,564 27,657 18,161 12,279 5,108 Equity Ratio % 47% 41% 39% 36% 33%
Other assets 27 - - - -
21,935 37,248 33,694 28,302 19,181 Debt Ratio % 25% 35% 41% 45% 52%
Total assets 109,033 118,629 120,721 122,598 119,564 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 17,857 32,929 42,415 50,038 57,395 Inventory turnover (days) 18 17 21 23 33
Other liabilities 8,966 9,957 8,735 7,473 6,513 Avg. collection period (days) 58 56 86 90 78
26,823 42,886 51,150 57,511 63,908
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 8,929 8,306 6,500 5,043 4,873
8000
Payables & accruals 21,601 18,193 15,259 14,570 9,454
Other liabilities - 737 919 1,117 1,604 6000
30,530 27,236 22,678 20,730 15,931
Total liabilities 57,353 70,122 73,828 78,241 79,839 4000
Equity
2000
Share capital 17,984 17,984 17,984 17,984 17,984
Retained earnings 25,369 22,882 22,458 21,856 18,177 0
Others 8,327 7,641 6,451 4,517 3,564 2011 2012 2013 2014 2015
Net-worth 51,680 48,507 46,893 44,357 39,725

Service 241
Al Maha Petroleum Products Marketing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Marketing and Distribution of Petroleum Products
170000
Assets Market Capitalisation Net-worth Equity
153000
No of staff
Omani
Omani: 176 , Expatriates: 62 Total: 238 136000
GCC
119000

Key Staff Arabs not GCC 102000


Mohammad Fareed Hussain AlDarwish M.D Foreigners
85000

68000
Main Shareholders (Holding 5% and more shares)
51000
ABS Lubricants : 40.00%
Civil Service Employees Pension Fund : 12.89% 34000
Omani GCC Arabs not GCC Foreigners Total
Public Authority for Social Insurance : 6.39% 17000
Nos 1,304 117 - 2 1,423
Ministry of Defense - HSBC A/C : 5.38%
Value 68,371,499 56,504,817 - 13,684 124,890,000 0
2011 2012 2013 2014 2015
% 55% 45% - - 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
23.000
Board of Directors
17.500
Noor Mohamed Abdulrahman : Chairman
Al Sayyid / Munther Saif Hamed Al-Busaidi : Deputy Chairman 12.000
Mohammed Fareed Hussain Al Darwish : Managing Director
Mohammed Ali Said Al-Qassabi : Director 6.500
Sultan Khalifa Saleh Al-Tai : Director
1.000
Rashid Saif Mohamed Al Mardoof Al Saadi : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Gamal Aly Aly Al-Gamal (appointed on 28 October 2015) : Director
Ahmed Ateeq Habroush Al-Rumaithi (resigned on 28 Trading Information 2015 2014 2013 2012 2011
October 2015)
: Director
No of Shares Traded (000) 2,666 4,061 482 777 522
Hamdi Mohamed Ahmed El Sayed (resigned on 31 May
2015)
: Director Value of Trading (RO000) 5,575 12,429 9,991 12,526 6,082
No of trades executed 420 605 540 772 828
Yearly High price (RO) 2.300 25.100 22.500 18.500 13.500
Other Information
Yearly low price (RO) 1.800 2.200 18.400 12.980 10.050
Established : 1994
Closing price (RO) 1.810 2.205 22.190 18.464 13.500
Auditors : Ernst & Young LLC
Legal Advisor : Nasr Ali Abdalwarath Price Earnings Ratio (Multiplier) 13.575 14.226 14.744 12.699 10.887
Market Capitalisation (RO000) 124,890 152,145 153,111 127,402 93,150

242 Oil & Gas Marketing


Al Maha Petroleum Products Marketing Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 349,414 369,650 318,498 304,761 268,319 Cashflow from operating activities 3,234 7,390 17,278 10,737 9,587
Cost of Sales (322,230) (341,754) (292,244) (278,779) (244,879)
Cashflow from investing activities (5,314) (6,118) (3,351) (3,322) (2,212)
Gross Profit 27,184 27,896 26,254 25,982 23,440
Other income 2,812.0 2,161 1,820 1,806 1,886 Cashflow from financing activities (7,786) (7,054) (6,298) (5,886) (4,859)
Total Income 29,996 30,057 28,074 27,788 25,326 Net change in cash & cash equivalents (9,866) (5,782) 7,629 1,529 2,516
Operating expenses (19,767) (17,828) (16,209) (16,328) (15,525)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (1,029) (1,522) (1,480) (1,431) (1,242)
Net profit for the year 9,200 10,707 10,385 10,029 8,559 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% 3% 3% 3% 3%
Total comprahensive income 9,200 10,707 10,385 10,029 8,559
Return on Equity % 18% 22% 23% 25% 23%
Financial Position Earning per share (RO) 0.133 0.155 1.505 1.454 1.240
Statement of Financial Position Cash dividend (RO000) 6,900 7,590 6,900 6,210 5,865
Assets
Non-current assets Cash dividend ratio % 100.0% 110% 100% 90% 85%
Tangible assets 28,233 25,938 22,551 21,553 20,014 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets 482 - - - -
28,715 25,938 22,551 21,553 20,014 Financial Position
Current assets Authorised Capital (RO000) 8,500 8,500 8,500 8,500 8,500
Investments - - - - -
Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Receivables & prepayments 51,702 46,472 33,212 35,590 32,418
Inventories 2,249 2,147 1,391 2,871 1,760 Net assets / Book value per share (RO) 0.727 0.704 0.649 5.883 5.280
Cash & bank balances 19,225 29,091 19,874 12,244 10,715 Equity Ratio % 49% 47% 58% 56% 56%
Other assets - - - - -
73,176 77,710 54,477 50,705 44,893 Debt Ratio % - 14% - - -
Total assets 101,891 103,648 77,028 72,258 64,907 Current ratio 1 1 2 2 2
Liabilities Liquid ratio 1 1 2 2 2
Non-current Liabilities
Borrowings 310 - - - - Inventory turnover (days) 3 2 2 4 3
Other liabilities - 331 270 217 176 Avg. collection period (days) 54 46 38 43 44
310 331 270 217 176
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 15,000 15,000 - - -
12000
Payables & accruals 36,395 39,742 31,989 31,447 28,302
Other liabilities - - - - - 10000
51,395 54,742 31,989 31,447 28,302 8000
Total liabilities 51,705 55,073 32,259 31,664 28,478 6000
Equity 4000
Share capital 6,900 6,900 6,900 6,900 6,900 2000
Retained earnings 38,882 37,271 33,465 30,075 25,125 0
Others 4,404 4,404 4,404 3,619 4,404 2011 2012 2013 2014 2015
Net-worth 50,186 48,575 44,769 40,594 36,429

Service 243
Muscat Gases Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Storage, Refilling and distribution of LPG for cooking and industry
Production and distribution of Industrial Gases like Oxygen, Nitrogen 30000
Acetylene and Argon which are used in Industry and medical care Assets Market Capitalisation Net-worth Equity
Trading of all other special gases, refrigerants and gas mixtures
Trading of chemicals Omani 25000
Integrated Gas Solutions
GCC
20000
No of staff Arabs not GCC
Omani: 52, Expatriates: 79- Total: 131
Foreigners
15000

Key Staff
10000
Ganti.Somasekhar : Deputy CEO
Sohaila Al Zadjali : Finance Manager
Haifa Al Hosni : HR & Admin Manager Omani GCC Arabs not GCC Foreigners Total 5000
Boban George : Sales Manager Nos 691 6 - - 697
Value 24,719,767 120,233 - - 24,840,000
0
Main Shareholders (Holding 5% and more shares) % 100% - - - 100% 2011 2012 2013 2014 2015

Takamul Investment Co. SAOC : 32.66%


Civil Service Employees Pension Fund : 15.00% Share Closing Price Index - Monthly for 2 years
Al Saud Co. Ltd (OAB) : 10.10% 2014 2015
Oman Oil Marketing Co : 9.17% 0.890
Diwan of Royal Court-Employees Pension Fund : 5.00%

Board of Directors 0.855


Mr. Omar Ahmed Salim Qatan : Chairman
Mr. Nabeel Salim Said Al Ruwaidhi : Vice Chairman
Mr. Mohammed Ismail Al Rajabi : Director 0.820
Mr. Abdul Aziz Khalifa Abdallah Al Saadi : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Anil Kumar Vishnoi : Director
Trading Information 2015 2014 2013 2012 2011
Mr. Khalid Khamis Ali Al Jashmi : Director
No of Shares Traded (000) 265 266 305 10,936 672
Mr. Kumail Abdulamir Said : Director
Value of Trading 214 225 261 9,044 527
Mr. Khalid Mohamed Ali Al Hamoodah : Director
No of trades executed 4 59 56 156 204
Mr. Ghalib Said Majid Al Maamari : Director
Yearly High price (RO) 0.828 0.872 0.872 0.860 0.900
Yearly low price (RO) 0.800 0.800 0.840 0.720 0.710
Other Information
Closing price (RO) 0.828 0.828 0.872 0.859 0.741
Established : 1983
Price Earnings Ratio (Multiplier) 18.933 18.400 18.167 18.674 16.109
Auditors : EY
Market Capitalisation (RO000) 24,840 24,840 26,160 25,770 22,230
Legal Advisor : Fahad Al-Hasani Advocate & Legal Consultancy

244 Oil & Gas Marketing


Muscat Gases Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 9,414 9,839 9,813 10,782 7,779 Cashflow from operating activities 2,661 1,658 1,346 2,076 1,167
Cost of Sales (7,498) (7,842) (7,832) (8,824) (5,913)
Cashflow from investing activities (918) (238) 211 (64) (1,091)
Gross Profit 1,916 1,997 1,981 1,958 1,866
Other income 119 106 164 118 134 Cashflow from financing activities (1,200) (1,200) (1,800) (1,800) (1,666)
Total Income 2,035 2,103 2,145 2,076 2,000 Net change in cash & cash equivalents 543 220 (243) 212 (1,590)
Operating expenses (588) (568) (511) (500) (443)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (135) (171) (190) (182) (180)
Net profit for the year 1,312 1,364 1,444 1,394 1,377 Profitability
Other comprehesnive income 1111 - (37) 26 (22) Net Profit ratio % 14% 14% 15% 13% 18%
Total comprahensive income 2,423 1,364 1,407 1,420 1,355
Return on Equity % 15% 19% 20% 19% 17%
Financial Position Earning per share (RO) 0.044 0.045 0.048 0.046 0.046
Statement of Financial Position Cash dividend (RO000) 1,050 1,200 1,200 1,800 1,800
Assets
Non-current assets Cash dividend ratio % 35.0% 40% 40% 60% 60%
Tangible assets 6,131 5,189 5,220 4,882 4,311 Stock dividend (RO000) - - - - -
Investments 165 165 165 546 520 Stock dividend ratio % - - - - -
Other assets - - - - -
6,296 5,354 5,385 5,428 4,831 Financial Position
Current assets Authorised Capital (RO000) 3,000 6,000 3,000 3,000 3,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 2,160 2,483 2,123 1,644 1,645
Inventories 1,024 1,194 1,038 994 1,048 Net assets / Book value per share (RO) 0.283 0.242 0.237 0.250 0.262
Cash & bank balances 893 349 379 1,222 1,761 Equity Ratio % 82% 77% 80% 81% 85%
Other assets - - - - -
4,076 4,026 3,540 3,860 4,454 Debt Ratio % 4% 0% 0% 0% 0%
Total assets 10,372 9,380 8,925 9,288 9,285 Current ratio 3 2 2 2 4
Liabilities Liquid ratio 2 2 2 2 3
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) 50 56 48 41 65
Other liabilities 379 285 241 191 196 Avg. collection period (days) 84 92 79 56 77
379 285 241 191 196
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - - - - -
2000
Payables & accruals 1,507 1,832 1,584 1,604 1,216
Other liabilities - - - - - 1600
1,507 1,832 1,584 1,604 1,216 1200
Total liabilities 1,886 2,117 1,825 1,795 1,412
800
Equity
Share capital 3,000 3,000 3,000 3,000 3,000 400
Retained earnings 1,719 1,607 1,444 1,788 2,194 0
Others 3,767 2,656 2,656 2,705 2,679 2011 2012 2013 2014 2015
Net-worth 8,486 7,263 7,100 7,493 7,873

Service 245
National Gas Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Filling and marketing liquid petroleum gas
75000
Assets Market Capitalisation Net-worth Equity
67500
No of staff
Omani
Omani: 77 , Expatriates: 101 - Total: 178 60000
GCC
52500

Key Staff Arabs not GCC


45000
Nalin Kumar Chandna : General Manager Foreigners
37500

30000
Main Shareholders (Holding 5% and more shares)
22500
A Sharqiya Investments S.A.O.G : 16.40%
Public Authority for Social Insurance - PASI : 10.33% 15000
Omani GCC Arabs not GCC Foreigners Total
Mohd. Abdul Rasoul Ali Al Jamali : 7.79%
Nos 541 4 - 2 547 7500
Civil Services Pension Fund : 7.50%
Value 15,053,657 37,604 - 8,738 15,100,000
0
Mohamed Hamed Mohamed Al Harthi : 5.84%
% 100% - - - 100% 2011 2012 2013 2014 2015
Hilal Saud Hareb Al Busaidi : 5.29%
Al Khwair Gas industries : 5.26% Share Closing Price Index - Monthly for 2 years

2014 2015
1.660
Board of Directors
1.315
Sh.Abdulla Suleiman Al Harthy : Chairman
Mr. Khalid Said Salem Al Wahaibi : Vice Chairman 0.970
Mr. Rashad Khamis Hamad Al Battashi : Director
Mr. Hamdan Abdul Hafidh Al Farsi : Director 0.625
Mr. Hisham Mohammed Al Alawi : Director
0.280
Mr. Sayyid Nabil Al Busaidy : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 8,465 17,758 6,307 1,665 1,479
Value of Trading (RO000) 3,529 17,642 4,519 916 1,016
No of trades executed 2,029 6,066 913 215 481
Other Information Yearly High price (RO) 0.600 1.650 1.015 0.600 0.550
Established : 1979 Yearly low price (RO) 0.300 0.482 0.406 0.520 0.440
Auditors : Ernst & Young Closing price (RO) 0.302 0.550 0.980 0.545 0.528
Legal Advisor : Curtis, Mallet,-Prevost, Colt & Mosle LLP +
Mossa AL-Maaini Price Earnings Ratio (Multiplier) 8.220 13.415 17.469 32.964 12.270
Market Capitalisation (RO000) 15,100 25,058 29,400 13,625 13,200

246 Oil & Gas Marketing


National Gas Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income Statement of Cashflow
Revenue 68,111 97,923 107,965 34,695 18,810
Cost of Sales (58,906) (89,248) (100,128) (31,738) (16,558) Cashflow from operating activities 5,937 7,858 5,867 3,990 1,061
Gross Profit 9,205 8,675 7,837 2,957 2,252 Cashflow from investing activities (2,038) (1,812) (1,505) (40,741) (376)
Other income 653 496 871 344 166
Total Income 9,858 9,171 8,708 3,301 2,418 Cashflow from financing activities (5,803) (2,744) (3,573) 37,256 (706)
Operating expenses (7,287) (6,465) (6,238) (2,169) (1,059) Net change in cash & cash equivalents (1,904) 3,302 789 505 (21)
Other Gains/ (losses) - (295) (187) (981) 65
Income Tax (735) (613) (377) (11) (130) Key Financial indicators
Net profit for the year 1,837 1,798 1,906 140 1,294
Profit Attributable Profitability
Non-Controlling Interest 1,530 163 223 (356) 3
Equity Holder of the Parent Net Profit ratio % 3% 2% 2% 0% 7%
Company 306 1,635 1,683 496 1,291
Return on Equity % 9% 11% 12% 1% 15%
Other comprehesnive expense (2,757) (1,114) (526) 143 (483)
Total comprahensive income (920) 684 1,380 283 2,105 Earning per share (RO) 0.037 0.041 0.048 0.020 0.052
Cash dividend (RO000) 625 570 600 - 1,000
Financial Position
Statement of Financial Position Cash dividend ratio % 12.5% 12.5% 20% - 40%
Assets Stock dividend (RO000) 500 12.5% - - -
Non-current assets
Tangible assets 20,604 24,853 26,608 28,772 5,116 Stock dividend ratio % 10% 9.7% - - -
Investments 2,194 2,458 2,471 1,741 1,568
Other assets 7,616 9,384 15,364 16,846 128 Financial Position
30,414 36,695 44,443 47,359 6,812
Current assets Authorised Capital (RO000) 5,000 5,000 5,000 5,000 5,000
Investments - - - - - Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 10,344 12,514 19,490 15,650 3,131 Net assets / Book value per share (RO) 0.394 0.352 0.332 0.351 0.348
Inventories 682 1,006 1,257 1,171 785
Cash & bank balances 3,331 6,111 2,397 2,175 1,077 Equity Ratio % 43% 50% 42% 33% 94%
Other assets 1,008 - - - - Debt Ratio % 22% 50% 58% 67% 6%
15,366 19,631 23,144 18,996 4,993
Total assets 45,780 56,326 67,587 66,355 11,805 Current ratio 1 1.02 0.78 0.71 2.00
Liabilities Liquid ratio 1 0.97 0.73 0.67 1.68
Non-current Liabilities
Borrowings 7,713 14,652 21,356 25,731 15 Inventory turnover (days) 4 78.72 73.37 27.43 17.72
Other liabilities 2,469 1,242 685 1,054 522
10,183 15,894 22,041 26,785 537 Avg. collection period (days) 55 46.64 65.89 164.64 60.76
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 11,142 12,559 12,782 9,338 577 Net Profit Total Dividend
Payables & accruals 4,760 6,687 17,035 17,298 1,922 2000
Other liabilities - - - - -
15,903 19,246 29,817 26,636 2,499 1600
Total liabilities 26,085 35,140 51,858 53,421 3,036
Equity 1200
Share capital 5,000 4,556 3,000 2,500 2,500 800
Retained earnings 3,315 2,904 2,246 1,163 1,534
Others 11,380 8,591 10,483 9,271 4,735 400
Net-worth 19,695 8,591 15,729 12,934 8,769
Non-Controlling Interest 4,469 8,591 (5,489) (4,169) (70) 0
2011 2012 2013 2014 2015
Equity attributable to equity 19,695 21,186 10,240 8,765 8,699
holders of the parents

Service 247
Oman Oil Marketing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Marketing and Distribution of Fuel and Lubricant Products and Operates in the Sectors
of: Fuel Retailing Fuel Cards Direct Fuel Sales to Government and the Commercial Sector 160000
Lubricants Aviation Refueling. Assets Market Capitalisation Net-worth Equity
140000
Omani
No of staff
Omani: 245 , Expatriates: 36 - Total: 281 GCC 120000

Arabs not GCC 100000


Key Staff
Eng.Omar Ahmed Salim Qatan : CEO Foreigners
80000

Main Shareholders (Holding 5% and more shares)


60000
Oman Oil Company SAOC : 46.31%
Civil Services Pension Fund : 13.63% 40000
Dhofar International Development and Investment CO
: 5.26% Omani GCC Arabs not GCC Foreigners Total
S.A.O.G 20000
Nos 939 19 - - 958
Value 122,349,136 200,864 - - 122,550,000 0
2011 2012 2013 2014 2015
% 100% - - - 100%

Board of Directors Share Closing Price Index - Monthly for 2 years


Salim Abdullah Al Rawas : Chairman
2014 2015
Mulham Bashir Al Jarf : Vice Chairman
2.300
Assilah Zaher Al Harthy : Director
Amal Suhail Bahwan : Director 2.200
Khamis Mohammed Al Amri : Director
Al Sayyida Rawan Ahmed Al Said : Director 2.100

Ahmed Abdullah Al Rawas : Director


2.000
Abdul Kader Darwish Al Balushi : Director
Saleem Pir Bakhsh Al Raisi : Director 1.900
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 338 4,346 1,923 2,477 3,736
Value of Trading (RO000) 741 9,833 3,982 4,227 5,336
No of trades executed 72 9,833 329 464 521
Other Information
Yearly High price (RO) 2.240 2.300 2.220 2.150 1.715
Established : 1998
Yearly low price (RO) 1.950 2.155 1.990 1.600 1.200
Auditors : ERNST & YOUNG LLC
Closing price (RO) 2.000 2.240 2.155 2.142 1.710
Legal Advisor : Ibrahim Bin Ali Al Lawati for Advocacy and
Legal Consultancy Price Earnings Ratio (Multiplier) 10.561 12.874 13.639 15.300 13.571
Market Capitalisation (RO000) 122,550 144,480 138,998 138,159 110,295

248 Oil & Gas Marketing


Oman Oil Marketing Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 368,148 357,125 296,191 278,523 278,215 Cashflow from operating activities 11,859 17,073 12,226 10,713 10,100
Cost of Sales (331,911) (324,900) (268,148) (252,575) (254,499)
Cashflow from investing activities (11,668) (10,660) (1,800) (13,022) (6,397)
Gross Profit 36,237 32,225 28,043 25,948 23,716
Other income 2,087 2,197 1,998 1,814 1,801 Cashflow from financing activities 1,754 (6,828) (2,242) (9,354) 542
Total Income 38,324 34,422 30,041 27,762 25,517 Net change in cash & cash equivalents 1,944 (415) 8,184 (11,663) 4,245
Operating expenses (24,170) (21,717) (18,772) (17,603) (16,281)
Other Gains/ (losses) (275) 30 250 40 - Key Financial indicators
Income Tax (1,666) (1,523) (1,347) (1,175) (1,137)
Net profit for the year 12,214 11,212 10,172 9,024 8,099 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 3% 3% 3% 3% 3%
Total comprahensive income 12,214 11,212 10,172 9,024 8,099
Return on Equity % 20% 22% 23% 23% 24%
Financial Position Earning per share (RO) 0.189 0.174 0.158 0.140 0.126
Statement of Financial Position Cash dividend (RO000) 3,870 3,870 4,515 4,515 3,999
Assets
Non-current assets Cash dividend ratio % 60.0% 60% 70% 70% 62%
Tangible assets 35,839 35,286 29,425 27,614 23,495 Stock dividend (RO000) - - - - -
Investments 10,113 3,409 2,511 2,426 72 Stock dividend ratio % - - - - -
Other assets 214 214 150 78 10
46,166 38,909 32,086 30,118 23,577 Financial Position
Current assets Authorised Capital (RO000) 15,000 15,000 15,000 15,000 15,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 34,475 34,055 31,867 26,478 29,269
Inventories 6,589 6,994 4,775 5,930 3,322 Net assets / Book value per share (RO) 0.928 0.799 0.695 0.607 0.529
Cash & bank balances 19,053 17,109 17,524 12,839 21,002 Equity Ratio % 56% 53% 52% 52% 44%
Other assets - - - - -
60,117 58,158 54,166 45,247 53,593 Debt Ratio % 6% 3% 6% 4% 11%
Total assets 106,282 97,067 86,252 75,365 77,170 Current ratio 1.5 1.3 1.4 1.3 1.4
Liabilities Liquid ratio 1.3 1.2 1.3 1.1 1.3
Non-current Liabilities
Borrowings 6,003 1,535 2,969 881 3,164 Inventory turnover (days) 7 8 6 9 5
Other liabilities 260 885 855 743 619 Avg. collection period (days) 34 35 39 35 38
6,263 2,420 3,824 1,624 3,783
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 2,478 1,322 2,201 2,015 5,087
12000
Payables & accruals 37,686 41,187 34,786 31,942 33,541
Other liabilities - 627 627 627 627 10000
40,164 43,136 37,614 34,584 39,255 8000
Total liabilities 46,427 45,556 41,438 36,208 43,038 6000
Equity 4000
Share capital 6,450 6,450 6,450 6,450 6,450 2000
Retained earnings 51,255 42,911 36,213 30,557 25,532 0
Others 2,150 2,150 2,150 2,150 2,150 2011 2012 2013 2014 2015
Net-worth 59,855 51,511 44,813 39,157 34,132

Service 249
Shell Oman Marketing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Marketing Fuels Blending, Distribution, Marketing - Exporting of Lubricants.
280000
Assets Market Capitalisation Net-worth Equity

No of staff 240000
Omani
Omani: 281, Expatriates: 32 - Total: 313
GCC
200000

Key Staff Arabs not GCC


160000
Adil Ismail Al Raisi : Managing Director Foreigners
GM External Affairs &
Mohammed Ali Al Farsi : Business Development 120000

80000

Main Shareholders (Holding 5% and more shares)


Arabs not
BV Dordtsche Petroleum Maatschappij : : 21.05% Omani GCC Foreigners Total 40000
GCC
Shell Overseas Investments BV : 15.78% Nos 5,607 29 - 7 5,643
0
Civil Services Pension Fund : 10.23% Value 101,787,050 211,902 - 88,001,048 190,000,000 2011 2012 2013 2014 2015
Shell Petroleum N V : 9.26% % 54% - - 46% 100%
Ministry of Defence Pension Fund : 8.68%
Share Closing Price Index - Monthly for 2 years
Public Authority for Social Insurance - PASI : 5.01%
2014 2015
2.400
Board of Directors
2.295
Christopher Mark Breeze : Chairman
Saleh Nasser Juma Al Araimi : Deputy Chairman
2.190
Ghalib Fawzy Salim Al Busaidi : Director
Adil Ismail Al Raisi : Director 2.085
Mazhar Ud Deen : Director
1.980
Scott Michael McDonald : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Amr Adel : Director
Juma Abdullah Khalfan Al- Khamisi : Director Trading Information 2015 2014 2013 2012 2011
Shabib Mohammed Saif Al-Darmaki : Director No of Shares Traded (000) 1,695 2,597 3,437 3,728 3,528
Huda Abdullah Saleh Al-Habsi : Director Value of Trading (RO000) 3,404 5,544 7,841 8,868 8,307
No of trades executed 228 386 631 756 929

Other Information Yearly High price (RO) 2.100 2.360 2.400 2.600 2.600
Yearly low price (RO) 1.900 1.980 2.025 2.250 2.180
Established : 1997
Auditors : Deloitte & Touche (M.E) & Co LLC Closing price (RO) 2.000 2.000 2.350 2.393 2.393
Legal Advisor : Adil Sidahmed Price Earnings Ratio (Multiplier) 14.109 21.739 19.421 19.455 18.992
Market Capitalisation (RO000) 190,000 190,000 223,250 239,300 239,300

250 Oil & Gas Marketing


Shell Oman Marketing Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 336,015 361,511 430,570 403,552 358,796 Cashflow from operating activities 20,189 20,858 19,378 18,634 8,432
Cost of Sales (297,997) (325,231) (389,062) (364,398) (322,815)
Cashflow from investing activities (8,616) (9,992) (7,063) (8,273) (5,658)
Gross Profit 38,018 36,280 41,508 39,154 35,981
Other income 5,587 4,523 3,813 3,506 - Cashflow from financing activities (10,343) (9,622) (12,647) (10,822) (6,084)
Total Income 43,605 40,803 45,321 42,660 35,981 Net change in cash & cash equivalents 1,230 1,244 (332) (461) (3,310)
Operating expenses (27,492) (26,901) (31,534) (28,701) (21,656)
Other Gains/ (losses) - - - - Key Financial indicators
Income Tax (1,938) (1,624) (1,692) (1,670) (1,723)
Net profit for the year 14,175 12,278 12,095 12,289 12,602 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 4% 3% 3% 3% 4%
Total comprahensive income 14,175 12,278 12,095 12,289 12,602
Return on Equity % 36% 36% 38% 40% 42%
Financial Position Earning per share (RO) 0.142 0.123 0.121 0.123 0.126
Statement of Financial Position Cash dividend (RO000) 10,600 9,200 10,500 10,500 11,700
Assets
Non-current assets Cash dividend ratio % 106.0% 92% 105% 105% 117%
Tangible assets 34,760 29,682 21,603 19,378 18,257 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets 1,869 2,188 3,193 3,927 1,862
36,629 31,870 24,796 23,305 20,119 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 29,789 31,013 47,092 39,722 31,687
Inventories 10,471 11,153 11,805 17,589 11,105 Net assets / Book value per share (RO) 0.389 0.339 0.321 0.305 0.299
Cash & bank balances 6,001 4,771 3,527 3,859 4,320 Equity Ratio % 47% 43% 37% 36% 45%
Other assets - - - - -
46,261 46,937 62,424 61,170 47,112 Debt Ratio % 8% 9% 7% 9% 10%
Total assets 82,890 78,807 87,220 84,475 67,231 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 6,000 6,000 - - - Inventory turnover (days) 13 13 11 18 13
Other liabilities 729 799 712 618 602 Avg. collection period (days) 32 31 40 36 32
6,729 6,799 712 618 602
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - 1,000 6,000 8,000 7,000
16000
Payables & accruals 37,291 36,588 47,754 44,633 28,970 14000
Other liabilities - 525 637 702 726 12000
37,291 525 54,391 53,335 36,696 10000
Total liabilities 44,020 44,912 55,103 53,953 37,298 8000
Equity 6000
4000
Share capital 10,000 10,000 10,000 10,000 10,000
2000
Retained earnings 25,283 20,308 18,530 16,935 16,346 0
Others 3,587 3,587 3,587 3,587 3,587 2011 2012 2013 2014 2015
Net-worth 38,870 33,895 32,117 30,522 29,933

Service 251
Dhofar University S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
University education and postgraduate courses in various disciplines and areas of
scientific, literary and Human Sciences, In addition to the operation of all service facilt- 55000
ies and other support for education in universities, colleges, institutes and specialized Assets Market Capitalisation Net-worth Equity
educational bodies, and work in all areas relation to educational and academic.
Omani
44000
No of staff GCC
Omani: 134, Expatriates: 244 - Total: 378
Arabs not GCC
33000
Foreigners
Key Staff
Dr. Hassan Bin Said Keshoob : Chancellor
22000

Main Shareholders (Holding 5% and more shares)


11000
Sheikh Mustahail Bin Ahmed Al Maashani : 20.35% Omani GCC Arabs not GCC Foreigners Total
Dhofar International Development and Investment CO Nos 137 1 - - 138
S.A.O.G
: 18.07%
Value 20,755,400 34,601 - - 20,790,000
0
Yusuf Bin Alawi Bin Abdullah : 16.31% % 100% - - - 100% 2011 2012 2013 2014 2015
Abdul Aziz Mohamed Al Rawas : 10.78%
Dhofar Insurance Company S.A.O.G : 6.56% Share Closing Price Index - Monthly for 2 years

2014 2015
1.500

1.425

Board of Directors 1.350


Dr. Anwar bin Mohammad Al-Rawas : Chairman
Mr. Mohammad bin Yousef Al-Alawi : Deputy Chairman 1.275

H.E. Sheikh Bakhit bin Salim Al-Maashani : Director


1.200
Sheikh. Abdullah bin Ahmad Al- Shanfari : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Qais bin Yousef Al-Alawi : Director
Mr. Mustafa bin Abdul qader al- Ghassani : Director Trading Information 2015 2014 2013 2012 2011
Mr .Ali bin Abdullah Al-Ghadani : Director No of Shares Traded (000) 1,012 85 459 3 20
Value of Trading (RO000) 1,585 118 546 4 24
No of trades executed 60.0 65 135 4 11
Other Information
Yearly High price (RO) 1.612 1.465 1.500 1.130 1.210
Established : 2004
Yearly low price (RO) 1.445 1.250 0.850 1.124 1.190
Auditors : E&Y
Closing price (RO) 1.485 1.465 1.350 1.130 1.199
Legal Advisor : Omran Bin Abdulrahman Koko
Price Earnings Ratio (Multiplier) 10.287 7.181 9.574 19.825 (31.553)
Market Capitalisation (RO000) 20,790 20,510 18,900 15,820 16,786

252 Education & Training


Dhofar University S.A.O.G Fiscal Year - 31st August

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 11,554 10,517 8,322 6,392 4,522 Cashflow from operating activities 3,048 4,218 1,734 1,795 (2,011)
Cost of Sales - - - - -
Cashflow from investing activities (2,043) (1,463) (580) (2,751) (10,473)
Gross Profit 11,554 10,517 8,322 6,392 4,522
Other income 284 721 619 632 622 Cashflow from financing activities - - - 211 4,380
Total Income 11,837 11,238 8,941 7,024 5,144 Net change in cash & cash equivalents 1,005 2,755 1,154 (745) (8,104)
Operating expenses (9,339) (8,182) (6,897) (6,224) (5,670)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (477) (200) - - -
Net profit for the year 2,021 2,856 2,044 800 (526) Profitability
Other comprehesnive income - - (71) - - Net Profit ratio % 17% 27% 25% 13% (12%)
Total comprahensive income 2,021 2,856 1,973 800 (526)
Return on Equity % 11% 17% 15% 7% (5%)
Financial Position Earning per share (RO) 0.144 0.204 0.141 0.057 (0.038)
Statement of Financial Position Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 29,136 29,236 29,750 30,854 29,847 Stock dividend (RO000) - - - - -
Investments - - - - 100 Stock dividend ratio % - - - - -
Other assets 18,695 51 51 67 8,116
47,831 29,287 29,801 30,921 38,063 Financial Position
Current assets Authorised Capital (RO000) 25,000 25,000 25,000 25,000 25,000
Investments - - - - -
Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Receivables & prepayments 1,628 855 953 658 925
Inventories 30 12 10 8 55 Net assets / Book value per share (RO) 1.336 1.192 0.987 0.847 0.790
Cash & bank balances 376 18,094 17,353 16,856 8,166 Equity Ratio % 38% 35% 29% 24% 23%
Other assets - - - - -
2,034 18,961 18,316 17,522 9,146 Debt Ratio % 40% 3% 2% 3% 4%
Total assets 49,864 48,248 48,117 48,443 47,209 Current ratio - 2 1 1 1
Liabilities Liquid ratio - 2 1 1 1
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities 19,722 19,985 20,361 20,800 21,086 Avg. collection period (days) 51 30 42 38 75
19,722 19,985 20,361 20,800 21,086
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Overdraft 9,460 10,341 13,137 14,211 13,377
3000
Payables & accruals 1,978 1,239 791 1,578 1,692
Other liabilities - - - - - 2280
11,438 11,580 13,928 15,789 15,069 1560
Total liabilities 31,159 31,565 34,289 36,589 36,155
840
Equity
Share capital 14,000 14,000 14,000 14,000 14,000 120
0
Retained earnings 2,699 14,000 (812) (2,233) (2,953) -600
Others 2,006 1,439 640 87 7 2011 2012 2013 2014 2015
Net-worth 18,705 16,683 13,828 11,854 11,054

Service 253
Majan College S.A.O.G (University College)
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
University College, Education and Research
20000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 56, Expatriates: 88 - Total: 144 16000
GCC

Key Staff Arabs not GCC


12000
Dr.Maha Kobeil - Dean Foreigners

8000
Main Shareholders (Holding 5% and more shares)
Human Investment Corporation - Kuwait : 64.17%
Al Muthana Investment - Oman : 12.32% 4000
Omani GCC Arabs not GCC Foreigners Total
Oman Chamber of Commerce and Industry : 10.00%
Nos 218 1 - - 219
Value 5,588,263 10,011,737 - - 15,600,000
0
% 36% 64% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.550
Board of Directors
Mr. Abdulaziz N. Al Marzooq : Chairman of the board
Vice chairman of the
Sh. Nasr Ammer Shuwan Al Hosni : board 0.485
Mr. Bader Mifrig Al Sarahid : Board Member
Mr.Rashid Amer Mohamed Al Musalhi : Board Member
Dr.Yaser Abdullah Sultan Al Kulaib : Board Member 0.420
Mr.Ahmed Jaffar Salim Al Musalmi : Board Member Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Essam M Al Mailam : Ex Member
Mr. Mohammed Abdul Rahman Al Jalal : Ex Member Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 75 337 342 817 1,571
Value of Trading (RO000) 38 156 131 234 451
No of trades executed 31 64 124 267 555
Other Information Yearly High price (RO) 0.550 0.510 0.450 0.315 0.310
Established : 1994 Yearly low price (RO) 0.490 0.440 0.299 0.255 0.262
Auditors : Baker Tilly Closing price (RO) 0.520 0.500 0.450 0.310 0.266
Hamdan Al Durai Lawyers & Legal
Legal Advisor : Consultants Price Earnings Ratio (Multiplier) 7.468 9.434 10.000 9.394 9.172
Market Capitalisation (RO000) 15,600 15,000 13,500 9,300 7,980

254 Education & Training


Majan College S.A.O.G Fiscal Year - 31st August

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 6,041 5,256 4,688 3,694 3,141 Cashflow from operating activities 2,542 1,689 1,726 1,348 1,004
Cost of Sales - - - - -
Cashflow from investing activities (304) (198) (233) (111) (4)
Gross Profit 6,041 5,256 4,688 3,694 3,141
Other income 209 288 327 266 266 Cashflow from financing activities (900) (900) (900) (900) (900)
Total Income 6,250 5,544 5,015 3,960 3,407 Net change in cash & cash equivalents 1,338 591 593 337 100
Operating expenses (4,338) 5,544 (3,377) (2,980) (2,540)
Other Gains/ (losses) (19) - - - 10 Key Financial indicators
Income Tax 196 (84) (290) - -
Net profit for the year 2,089 1,586 1,348 980 877 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 35% 30% 29% 27% 28%
Total comprahensive income 2,089 1,586 1,348 980 877
Return on Equity % 25% 23% 21% 17% 15%
Financial Position Earning per share (RO) 0.070 0.053 0.045 0.033 0.029
Statement of Financial Position Cash dividend (RO000) - 900 900 900 900
Assets
Non-current assets Cash dividend ratio % - 30% 30% 30% 30%
Tangible assets 2,756 2,724 2,711 2,615 2,647 Stock dividend (RO000) - - - - -
Investments 50 - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
2,806 2,724 2,711 2,615 2,647 Financial Position
Current assets Authorised Capital (RO000) 6,000 6,000 6,000 6,000 6,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 1,810 696 360 308 213
Inventories - - - - - Net assets / Book value per share (RO) 0.274 0.234 0.211 0.197 0.194
Cash & bank balances 6,712 5,374 4,782 4,189 3,852 Equity Ratio % 73% 80% 81% 83% 87%
Other assets - - - - -
8,522 6,070 5,142 4,497 4,065 Debt Ratio % 7% - - - -
Total assets 11,327 8,794 7,853 7,112 6,712 Current ratio 4 4 4 5 6
Liabilities Liquid ratio 4 4 4 5 6
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities 759 314 281 239 184 Avg. collection period (days) 109 48 28 30 25
759 314 281 239 184
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - - - - -
2500
Payables & accruals 2,348 1,450 1,227 976 710
Other liabilities - - - - - 2000
2,348 1,450 1,227 976 710 1500
Total liabilities 3,107 1,764 1,508 1,215 894
1000
Equity
Share capital 3,000 3,000 3,000 3,000 3,000 500
Retained earnings 3,320 2,130 1,445 998 918 0
Others 1,900 1,900 1,900 1,899 1,900 2011 2012 2013 2014 2015
Net-worth 8,220 7,030 6,345 5,897 5,818

Service 255
National Hospitality Institute S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Training Institute
3000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 11, Expatriates: 17 - Total: 28 2400
GCC

Key Staff Arabs not GCC


1800
Robert M MacLean : CEO Foreigners

1200
Main Shareholders (Holding 5% and more shares)
Renaissance Services S.A.O.G : 41.54%
W J Towell & CO LLC : 20.00% 600
Omani GCC Arabs not GCC Foreigners Total
Oman Hospitality & Tourism Company : 8.18%
Nos 47 2 - - 49
Sameer Jimi Vancy : 7.03%
Value 2,043,850 6,150 - - 2,050,000
ROP Punsion Fund : 5.00% 0
% 100% - - - 100% 2011 2012 2013 2014 2015
Gulf Hotels SAOG - Oman : 5.00%
National Hospitality LTD : 5.00% Share Closing Price Index - Monthly for 2 years

2014 2015
2.500
Board of Directors
1.875
HH. Sayyid Tarik bin Shabib : Chairman
Imad Kamal Sultan : Vice Chairman 1.250
Ammar Maqbool Hameed Al Saleh : Director
Adil M Bahwan : Director 0.625
David Todd : Director
0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) - 20 - - -
Value of Trading (RO000) - 41 - - -
No of trades executed - 1 - - -
Other Information Yearly High price (RO) 2.050 2.050 2.050 2.050 2.050
Established : 1996 Yearly low price (RO) 2.050 2.050 2.050 2.050 2.050
Auditors : KPMG
Closing price (RO) 2.050 2.050 2.050 2.050 2.050
Legal Advisor : Mansoor Jamal & CO
Price Earnings Ratio (Multiplier) (16.426) 24.699 36.607 (17.982) (36.607)
Market Capitalisation (RO000) 2,050 2,050 2,050 2,050 2,050

256 Education & Training


National Hospitality Institute S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 756 913 731 769 619 Cashflow from operating activities 58 170 15 (4) (12)
Cost of Sales (544) (632) (497) (577) (457)
Cashflow from investing activities (30) (18) (14) (10) (21)
Gross Profit 212 281 234 192 162
Other income 17 25 16 18 17 Cashflow from financing activities (200) 22 (42) 42 (80)
Total Income 230 306 250 210 179 Net change in cash & cash equivalents (171) 174 (41) 28 (113)
Operating expenses (292) (263) (222) (267) (237)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax - (2) - - -
Net profit for the year (62) 41 28 (57) (58) Profitability
Other comprehesnive income - - - - -
Net Profit ratio % (8%) 4% 4% (7%) (9%)
Total comprahensive income (62) 41 28 (57) (58)
Return on Equity % (13%) 8% 6% (12%) (11%)
Financial Position Earning per share (RO) (0.125) 0.083 0.041 (0.057) (0.056)
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets 49 37 39 47 63 Stock dividend (RO000) - - - - -
Investments - - - - -
Stock dividend ratio % - - - - -
Other assets - - - - -
49 37 39 47 63 Financial Position
Current assets
Authorised Capital (RO000) 1,000 1,000 1,000 1,000 1,000
Investments - - - - -
Receivables & prepayments 582 475 576 486 553 Par value per share (RO) 0.500 0.500 0.500 0.500 0.500
Inventories - - - - - Net assets / Book value per share (RO) 0.928 1.053 0.970 0.464 0.521
Cash & bank balances 33 204 31 72 44
Equity Ratio % 70% 73% 76% 77% 79%
Other assets - - - - -
615 679 607 558 597 Debt Ratio % 19% - - - -
Total assets 664 716 646 605 660 Current ratio 8 8 9 9 9
Liabilities Liquid ratio 8 8 9 9 9
Non-current Liabilities
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities 126 107 84 78 75 Avg. collection period (days) 281 190 288 231 326
126 107 84 78 75
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings - - - - -
100
Payables & accruals 75 83 70 63 67
Other liabilities - - - - - 50
75 83 70 63 67
Total liabilities 201 190 154 141 142 0
Equity
-50
Share capital 500 500 500 500 500
Retained earnings (163) (100) (131) (156) (104) -100
Others 127 126 123 120 123 2011 2012 2013 2014 2015
Net-worth 464 526 492 464 519

Service 257
Oman Education & Training Investment S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investment in Higher Education and Training
50000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 411, Expatriates: 284 - Total: 695 40000
GCC

Key Staff Arabs not GCC


30000
Anis Mohammed Marhon Al Mammari: CEO Foreigners

20000
Main Shareholders (Holding 5% and more shares)
Global Financial Investments Holding S.A.O.G : 37.68%
Suleiman Ahmed Al- Hoqani : 17.48% 10000
Omani GCC Arabs not GCC Foreigners Total
First National Co : 14.69%
Nos 74 - - - 74
Saeed Mohamed Rajab Al Ujaili Legal Herity : 12.01%
Value 11,270,000 - - - 11,270,000
0
Saud Company Co. LTD Oman Arab Bank : 7.59%
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.200
Board of Directors
0.175
Mr. Mahmood bin Mohamed Al-Jarwani : Chairman
Mr. Jamal bin Saeed Al-Ojeili : Deputy Chairman 0.150
Mr. Zaki Hassan Ihsaan Al-Nassb : Member
Mr. Mohammed Ismail Al-Rajbi : Member 0.125
Mr. Faris Mahmood Fadel Allah : Member
0.100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 287 953 1,609 - 81
Value of Trading (RO000) 44 145 307 - 27
No of trades executed 59 136 328 - 23
Other Information Yearly High price (RO) 0.192 0.177 0.352 0.352 0.544
Established : 1998 Yearly low price (RO) 0.135 0.128 0.157 0.352 0.265
Auditors : KPMG Closing price (RO) 0.161 0.137 0.168 0.352 0.352
Mohammed Ibrahim Price Earnings Ratio (Multiplier) 8.675 10.538 15.273 (117.333) 88.000
Legal Advisor : Law Firm
Market Capitalisation (RO000) 11,270 9,590 11,760 24,640 24,640

258 Education & Training


Oman Education & Training Investment S.A.O.G Fiscal Year - 31st August

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 12,015 12,867 11,024 10,053 8,771 Cashflow from operating activities 3,546 1,617 383 747 1,011
Cost of Sales - - - - -
Cashflow from investing activities (881) (1,795) (1,656) (1,453) 247
Gross Profit 12,015 12,867 11,024 10,053 8,771
Other income 1,470 1,519 1,326 1,186 950 Cashflow from financing activities (1,239) (69) 617 1,726 (1,360)
Total Income 13,485 14,386 12,350 11,239 9,721 Net change in cash & cash equivalents 1,426 (247) (656) 1,020 (102)
Operating expenses (12,205) (13,422) (11,776) (11,354) (9,769)
Other Gains/ (losses) 252 230 212 (64) 333 Key Financial indicators
Income Tax (232) (250) - - -
Net profit for the year 1,299 944 786 (179) 285 Profitability
Other comprehesnive income - 572 - 1,774 (432) Net Profit ratio % 11% 7% 7% (2%) 3%
Total comprahensive income 1,299 1,516 786 1,595 (147)
Return on Equity % 8% 6% 6% (1%) 2%
Financial Position Earning per share (RO) 0.019 0.013 0.011 (0.003) 0.004
Statement of Financial Position Cash dividend (RO000) - 1,050 490 350 210
Assets
Non-current assets Cash dividend ratio % - 15% 7% 5% 3%
Tangible assets 37,892 37,134 34,703 34,111 25,975 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
37,892 37,134 34,703 34,111 25,975 Financial Position
Current assets Authorised Capital (RO000) 10,000 10,000 10,000 10,000 10,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 3,501 3,759 2,692 1,545 1,861
Inventories 173 145 103 122 123 Net assets / Book value per share (RO) 0.230 0.218 0.201 0.190 0.171
Cash & bank balances 1,915 651 939 1,679 692 Equity Ratio % 37% 37% 37% 36% 42%
Other assets - - - - -
5,589 4,555 3,734 3,346 2,676 Debt Ratio % 53% 12% 12% 10% 5%
Total assets 43,481 41,689 38,437 37,457 28,651 Current ratio 1 119% 1 1 1
Liabilities Liquid ratio 1 115% 1 1 1
Non-current Liabilities
Borrowings 3,137 3,104 2,433 2,033 871 Inventory turnover (days) - - - - -
Other liabilities 19,913 19,491 18,003 18,057 12,418 Avg. collection period (days) 106 107 89 56 77
23,050 22,595 20,436 20,090 13,289
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 1,180 1,867 2,083 1,790 575
1600
Payables & accruals 3,142 1,833 1,812 2,257 2,851
Other liabilities - 122 - - - 1150
4,323 3,822 3,895 4,047 3,426
Total liabilities 27,373 26,417 24,331 24,137 16,715 700
Equity 250
Share capital 7,000 7,000 7,000 7,000 7,000 0
Retained earnings 2,080 1,375 876 168 557 -200
Others 7,029 6,897 6,230 6,152 4,379 2011 2012 2013 2014 2015
Net-worth 16,109 15,272 14,106 13,320 11,936

Service 259
ACWA Power Barka S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Generation of Electrical Energy and Desalination of Water
280000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 65, Expatriates: 27, Total: 92 224000
GCC
Key Staff
Ahmed Al Subhi : Chief Executive Officer Arabs not GCC 168000
Usman Anwar : Chief Financial Officer Foreigners

112000
Main Shareholders (Holding 5% and more shares)
ACWA Power Barka Project LLC : 58.00%
Civil Services Pension Fund : 14.01% 56000
Omani GCC Arabs not GCC Foreigners Total
Multitech LLC : 7.00%
Nos 1,166 13 4 24 1,207
Value 15,724,800 208,000 27,200 40,000 16,000,000 0
2011 2012 2013 2014 2015
% 98.28% 1.30% 0.17% 0.25% 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
0.900
Board of Directors
Mr. Mohammed Abdullah Abunayyan : Chairman
Mr. Rohit Gokhale : Deputy Chairman until 23 February 2015 0.745
Mr. Sanjiv Iyer : Deputy Chairman From 23 February 2015
Mr. V.S. Shenoy : Director until 30 April 2015
Mr. D. Nagraj : Director From 30 April 2015
0.590
Mr. Kashif Rana : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Suhail Hajee : Director
Mr. Ahmed El Sinani : Director Trading Information 2015 2014 2013 2012 2011
Shankar Rao : Director No of Shares Traded (000) 6,062 8,955 16,853 12,476 2,504
Value of Trading (RO000) 5,061 6,646 9,723 5,428 3,409
No of trades executed 193 762 1,419 777 651
Other Information
Yearly High price (RO) 0.844 0.852 0.700 1.700 1.560
Established : 2000
Yearly low price (RO) 0.732 0.656 0.400 0.345 1.183
Auditors : Ernst & Young
Closing price (RO) 0.732 0.812 0.640 0.427 1.486
Legal Advisor : Trowers and Hamlins
Price Earnings Ratio (Multiplier) 11.091 11.437 10.159 9.489 5.089
Market Capitalisation (RO000) 117,120 129,920 102,400 68,320 47,552

260 Energy
ACWA Power Barka S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 65,411 45,274 42,657 42,412 43,424 Cashflow from operating activities 18,130 23,528 17,917 17,490 17,997
Cost of Sales (47,343) (28,410) (26,286) (26,654) (25,627)
Cashflow from investing activities (26,164) (3,617) (14,086) (4,797) (1,393)
Gross Profit 18,068 16,864 16,371 15,758 17,797
Other income 95 2,011 534 29 228 Cashflow from financing activities 6,505 (19,152) (1,515) (11,351) (19,735)
Total Income 18,163 18,875 16,905 15,787 18,025 Net change in cash & cash equivalents (1,529) 759 2,316 1,342 (3,131)
Operating expenses (6,067) (5,883) (5,477) (1,637) (2,177)
Other Gains/ (losses) - - - (5,898) (5,212) Key Financial indicators
Income Tax (1,583) (1,559) (1,371) (990) (1,277)
Net profit for the year 10,513 11,433 10,057 7,262 9,359 Profitability
Other comprehesnive income 190 145 150 2,387 1,760 Net Profit ratio % 20% 25% 24% 17% 22%
Total comprahensive income 10,703 11,578 10,207 9,649 11,119
Return on Equity % 20% 25% 24% 19% 29%
Financial Position Earning per share (RO) 0.066 0.071 0.063 0.045 0.058
Statement of Financial Position Cash dividend (RO000) 4,320 8,000 6,400 4,000 4,000
Assets
Non-current assets Cash dividend ratio % 27% 50% 40% 25% 25%
Ahli Bank
Tangible assets 152,556 131,157 132,154 122,343 121,772 Stock dividend (RO000) - - - - -
Investments - - 250 250 250 Stock dividend ratio % - - - - -
Other assets - 210 421 631 842
152,556 131,367 132,825 123,224 122,864 Financial Position
Current assets Authorised Capital (RO000) 100,000 100,000 100,000 100,000 100,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 19,438 4,670 5,296 3,929 4,721
Inventories 4,582 4,117 4,117 3,991 4,083 Net assets / Book value per share (RO) 0.331 0.292 0.271 0.247 1.137
Cash & bank balances 5,802 7,332 6,572 4,256 2,914 Equity Ratio % 29% 31% 29% 29% 24%
Other assets - - - - -
29,822 16,119 15,985 12,176 11,718 Debt Ratio % 49% 51% 55% 55% 55%
Total assets 182,378 147,486 148,810 135,400 134,582 Current ratio 1 1 1 2 1
Liabilities Liquid ratio 1 1 1 1 -
Non-current Liabilities
Borrowings 80,353 66,541 74,203 69,656 63,916 Inventory turnover (days) 35 53 57 55 58
Other liabilities 17,107 18,371 18,682 18,982 23,337 Avg. collection period (days) 108 38 45 34 40
97,460 18,371 92,885 88,638 87,253
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 9,727 8,453 8,120 4,512 9,836
15000
Payables & accruals 22,559 7,873 5,135 3,387 5,760
Other liabilities - - - - - 12000
32,287 16,326 13,255 7,899 15,596 9000
Total liabilities 129,747 101,238 106,140 96,537 102,849
6000
Equity
Share capital 16,000 16,000 16,000 16,000 16,000 3000
Retained earnings 31,498 25,305 21,871 18,215 14,953 0
Others 5,134 25,305 4,799 4,648 780 2011 2012 2013 2014 2015
Net-worth 52,632 46,248 42,670 38,863 31,733

Service 261
Al Batinah Power Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Own and operate Sohar 2 power plant
350000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 4, Expatriates: 4 - Total: 8 280000
GCC

Key Staff Arabs not GCC 210000


Jurgen De Vyt : Chief Executive Officer Foreigners

140000
Main Shareholders (Holding 5% and more shares)
Kahrapel FZE : 29.90%
Multitech LLC : 14.30% 70000
Omani GCC Arabs not GCC Foreigners Total
Civil Service Employees : 8.32%
Nos 3,128 27 - 3 3,158
Blue Horizon Sohar Power B.V. : 7.15%
Value 71,312,068 39,158,226 - 18,433,204 128,903,499 0
SEP International Netherlands B.V. : 7.15% 2011 2012 2013 2014 2015
% 55% 30% - 14% 100%
Public Authority for Social Insurance - PASI : 6.50%
Ministry of Defence Pension Fund : 5.95% Share Closing Price Index - Monthly for 2 years

2014 2015
0.250
Board of Directors
Mrs.Catherine Logere Chouteau : Chairperson 0.225
Mr. Padmanabhan Ananthan : Deputy Chairman
0.200
Mr. Ajeet A.Walavalkar : Director
Mr. David Joseph Orford : Director 0.175
Mr.Guillaume Baudet : Director
0.150
Mr. Hachiman Yokoi : Director
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Hadi Said Humaid Al-Harthy : Director
Mr.Mohamed Amur Mohamed Al-Mamari : Director Trading Information 2015 2014 2013 2012 2011
Mr.Mohamed Rihbi Izzat Alhusseini : Director No of Shares Traded (000) 41,195 234,517 - - -
Mr. Peter Shaw : Director Value of Trading (RO000) 8,206 39,329 - - -
Mr. Takahito Lima : Director No of trades executed 2,327 20,338 - - -
Yearly High price (RO) 0.230 0.187 - - -
Other Information Yearly low price (RO) 0.169 0.155 - - -
Established : 2010 Closing price (RO) 0.191 0.171 - - -
Auditors : KPMG Price Earnings Ratio (Multiplier) 1.820 23.046 - - -
Legal Advisor : AMJ Market Capitalisation (RO000) 128,903 115,406 - - -

262 Energy
Al Batinah Power Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 67,928 51,872 43,165 - - Cashflow from operating activities 18,343 17,551 8,302 - -
Cost of Sales (46,085) (29,853) (21,975) - -
Cashflow from investing activities (23) (92) (20,399) - -
Gross Profit 21,843 22,019 21,190 - -
Other income 13 - 1,283 - - Cashflow from financing activities (18,511) (18,725) 12,472 - -
Total Income 21,856 22,019 22,473 - - Net change in cash & cash equivalents (191) (1,266) 345 - -
Operating expenses (12,442) (13,462) (9,961) - -
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (2,330) (3,549) (3,262) - -
Net profit for the year 7,084 5,008 9,250 - - Profitability
Other comprehesnive income (1728) (7,544) 15,034 Net Profit ratio % 10% 10% 21% - -
Total comprehensive income 5,356 (2,536) 24,284 - -
Return on Equity % 11% 8% 12% - -
Financial Position Earning per share (RO) 0.011 0.007 0.018 - -
Statement of Financial Position Cash dividend (RO000) 5,959 5,399 3,653 - -
Assets
Non-current assets Cash dividend ratio % 8.83% 8% 5.41% - -
Tangible assets 276,183 283,550 290,980 - - Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - 1,620 431 - -
276,183 285,170 291,411 - - Financial Position
Current assets Authorised Capital (RO000) 67,489 67,489 67,489 - -
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 - -
Receivables & prepayments 3,252 2,545 2,643 - -
Inventories 1,790 1,825 1,893 - - Net assets / Book value per share (RO) 0.116 0.115 0.153 - -
Cash & bank balances 3,066 3,637 5,057 - - Equity Ratio % 28% 27% 26% - -
Other assets - - - - -
8,108 8,007 9,593 - - Debt Ratio % 72% 73% 94% - -
Total assets 284,291 293,177 301,004 - - Current ratio 0.44 0.47 0.54 - -
Liabilities Liquid ratio 0.34 0.36 0.43 - -
Non-current Liabilities
Borrowings 176,826 189,150 200,687 - - Inventory turnover (days) 14 22 31 - -
Other liabilities 22,715 20,233 7,911 - - Avg. collection period (days) 17 18 22 - -
199,541 209,383 208,598 - -
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 14,739 14,001 14,531 - -
10000
Payables & accruals 3,853 3,032 3,179 - -
Other liabilities - - - - - 8000
18,592 17,033 17,710 - - 6000
Total liabilities 218,133 226,416 226,308 - -
4000
Equity
Share capital 67,489 67,489 67,489 - - 2000
Retained earnings 8,639 8,223 9,115 - - 0
Others (9,970) (8,951) (1,908) - - 2011 2012 2013 2014 2015
Net-worth 66,158 66,761 74,696 - -

Service 263
Al Kamil Power Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Power generation
50000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 4, Expatriates: 1 - Total: 5 40000
GCC

Key Staff Arabs not GCC


30000
CEO : Yaqoub AL Harthy Foreigners

20000
Main Shareholders (Holding 5% and more shares)
NATIONAL POWER Investments Limited : 48.74%
AL KAMIL INVESTMENTS : 16.25% 10000
Omani GCC Arabs not GCC Foreigners Total
Public Authority for Social Insurance : 6.36%
Nos 168 - - - 168
Civil Service Employees Pension Fund : 6.14%
Value 30,030,000 - - - 30,030,000
0
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
3.000
Board of Directors
2.440
Mr. Ramani Hariharan : Chairperson
1.880
Mr. Jurgen De Vyt : Deputy Chairman
Mr. Micah Jahnke : Director 1.320
Mr. Khalil Ahmed Abdullah Al Harthy : Director 0.760
Mr. Pradeep Asrani : Director
0.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 394 225 38 145 877
Value of Trading (RO000) 123 460 98 261 1,514
No of trades executed 48 54 59 23 36
Other Information Yearly High price (RO) 0.314 3.250 2.850 1.980 1.750
Established : 15/07/2000 Yearly low price (RO) 0.308 0.300 1.930 1.730 1.620
Auditors : KPMG
Closing price (RO) 0.312 0.308 2.800 1.980 1.720
Legal Advisor : AL Busaidy Mansoor Jamal &Co
Price Earnings Ratio (Multiplier) 9.002 15.400 8.615 6.600 6.667
Market Capitalisation (RO000) 30,030 29,645 26,950 19,058 16,555

264 Energy
Al Kamil Power Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 16,444 17,758 20,916 20,831 19,122 Cashflow from operating activities 4,651 4,092 5,271 5,701 6,514
Cost of Sales (11,784) (12,922) (16,071) (15,799) (14,279)
Cashflow from investing activities (791) (919) (552) (988) (2,638)
Gross Profit 4,660 (12,922) 4,845 5,032 4,843
Other income - - 13 6 6 Cashflow from financing activities (3,436) (4,294) (5,109) (4,700) (4,355)
Total Income 4,660 4,836 4,858 5,038 4,849 Net change in cash & cash equivalents 424 (1,121) (390) 13 (479)
Operating expenses (859) (1,089) (1,302) (1,761) (2,021)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (465) (1,808) (427) (393) (343)
Net profit for the year 3,336 (1,808) 3,129 2,884 2,485 Profitability
Other comprehesnive income 231 356 528 707 431 Net Profit ratio % 20% 11% 15% 14% 13%
Total comprahensive income 3,567 2,295 3,657 3,591 2,916
Return on Equity % 13% 9% 15% 15% 15%
Financial Position Earning per share (RO) 0.035 0.020 0.033 0.300 0.258
Statement of Financial Position
Cash dividend (RO000) 674 1,444 963 1,733 1,155
Assets
Non-current assets Cash dividend ratio % 7% 15% 10% 18% 12%
Tangible assets 34,465 35,330 36,310 37,778 38,791 Stock dividend (RO000) - - - - -
Investments - - - - -
Stock dividend ratio % - - - - -
Other assets 88 256 218 326 577
34,553 35,586 36,528 38,104 39,368 Financial Position
Current assets
Authorised Capital (RO000) 25,000 25,000 25,000 25,000 25,000
Investments - - - - -
Receivables & prepayments 1,122 1,354 2,173 1,865 1,943 Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Inventories 1,386 1,354 1,275 1,264 1,234 Net assets / Book value per share (RO) 0.270 0.236 0.266 2.120 1.937
Cash & bank balances 334 7 1,029 1,419 1,406
Equity Ratio % 70% 59% 52% 45% 38%
Other assets - - - - -
2,842 2,727 4,477 4,548 4,583 Debt Ratio % 15% 27% 33% 40% 46%
Total assets 37,395 38,313 41,005 42,652 43,951 Current ratio - - 1 1 1
Liabilities Liquid ratio - - 1 1 1
Non-current Liabilities
Borrowings 2,454 6,529 10,177 13,461 16,791 Inventory turnover (days) 43 39 29 29 32
Other liabilities 3,224 3,517 4,042 4,115 4,546 Avg. collection period (days) 25 28 38 33 37
5,678 3,517 14,219 17,576 21,337
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 4,122 3,711 3,331 3,403 3,545
4000
Payables & accruals - 2,094 2,325 2,467 2,299
Other liabilities 1,566 - - - - 2800
5,688 5,805 5,656 5,870 5,844 1600
Total liabilities 11,366 15,851 19,875 23,446 27,181
400
Equity 0
Share capital 9,625 9,625 9,625 9,625 9,625 -800
Retained earnings 13,353 10,351 9,569 8,486 7,045 -2000
Others 3,051 2,486 1,936 1,095 100 2011 2012 2013 2014 2015
Net-worth 26,029 22,462 21,130 19,206 16,770

Service 265
Al Suwadi Power Co S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Own and operate Barka-3 power plant
350000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 5, Expatriates: 3 - Total: 8
Omani
280000
GCC
Key Staff
Navneet Kasbekar : Chief Executive Officer Arabs not GCC 210000
Foreigners

Main Shareholders (Holding 5% and more shares) 140000


Kahrabel FZE : 29.9%
Multitech LLC : 14.3%
70000
Blue Horizon Barka Power B.V. : 7.15% Arabs not
Omani GCC Foreigners Total
SEP International Netherlands B.V. : 7.15% GCC
Public Authority for Social Insurance - PASI : 6.5% Nos 3,214 27 - 3 3,244
0
Ministry of Employees Pension Fund : 6.33% Value 75,520,956 41,418,068 - 19,512,586 136,451,611 2011 2012 2013 2014 2015

Civil Services Pension Fund : 6.26% % 55% 30% - 14% 100%


Share Closing Price Index - Monthly for 2 years

Board of Directors 2014 2015


Mr.Philippe Langlet : Chairperson 0.250
Mr. Rahul Kar : Deputy Chairman
Mr.Adnan Mohammed Salim Al Balushi : Director
Mr. Ali Taqi Al-Lawati : Director 0.205
Mrs.Asiya Yarub Majid Al Saifi : Director
Mr. Gillian Alexandre Huart : Director
Mr. Jan Sterck : Director
0.160
Mr. Kazuichi Ikeda : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr.Mitsuo Nakamoto : Director
Mr.Santosh Nair : Director Trading Information 2015 2014 2013 2012 2011
Mr.Yaqoub Harbi Salim Al-Harthi : Director No of Shares Traded (000) 43,402 263,046 - - -
Mr. Ryuji Kikuchi : Director Value of Trading (RO000) 8,650 44,350 - - -
Mr. Saleh Nasser Abood Al Habsi : Director No of trades executed 2,358 20,851 - - -
Yearly High price (RO) 0.230 0.189 - - -
Other Information Yearly low price (RO) 0.168 0.155 - - -
Established : 2010 Closing price (RO) 0.191 0.171 - - -
Auditors : KPMG Price Earnings Ratio (Multiplier) 18.84 25.371 - - -
Legal Advisor : AMJ Market Capitalisation (RO000) 136,452 122,164 - - -

266 Energy
Al Suwadi Power Co S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 66,714 51,063 43,259 - - Cashflow from operating activities 19,364 18,338 10,799 - -
Cost of Sales (43,528) (27,792) (21,221) - -
Cashflow from investing activities (11) (315) (17,932) - -
Gross Profit 23,186 23,271 22,038
Other income 45 - 8,994 - - Cashflow from financing activities (19,508) (19,326) 8,091 - -
Total Income 23,231 23,271 31,032 - - Net change in cash & cash equivalents (155) (1,303) 958 - -
Operating expenses (13,368) (14,497) (10,505) - -
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (2,617) (3,956) (3,551) - -
Net profit for the year 7,246 4,818 16,976 - - Profitability
Other comprehesnive income (1731) (7,952) 16,106 - - Net Profit ratio % 11% 9% 39% - -
Total comprehensive income 5,515 (3,134) 33,082 - -
Return on Equity % 10% 7% 21% - -
Financial Position Earning per share (RO) 0.010 0.007 0.032 - -
Statement of Financial Position Cash dividend (RO000) 5,930 5,429 4,230 - -
Assets
Non-current assets Cash dividend ratio % 8.3% 7.6% 5.9% - -
Tangible assets 297,340 305,296 313,008 - - Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - 1,660 445 - -
297,340 306,956 313,453 - - Financial Position
Current assets Authorised Capital (RO000) 71,441 71,441 71,441 - -
Investments - - - - -
Par value per share (RO) 0.100 0.100 1.000 - -
Receivables & prepayments 3,437 2,707 2,779 - -
Inventories 1,823 1,858 2,008 - - Net assets / Book value per share (RO) 0.120 0.118 0.158 - -
Cash & bank balances 2,857 3,278 4,772 - - Equity Ratio % 29% 27% 26% - -
Other assets - - - - -
8,117 7,843 9,559 - - Debt Ratio % 71% 73% 74% - -
Total assets 305,457 314,799 323,012 - - Current ratio 0.43 0.45 0.53 - -
Liabilities Liquid ratio 0.33 0.35 0.42 - -
Non-current Liabilities
Borrowings 189,691 202,889 215,086 - - Inventory turnover (days) 15 24 35 - -
Other liabilities 23,966 21,223 7,916 - - Avg. collection period (days) 19 19 23 - -
213,657 224,112 223,002 - -
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 14,938 14,124 14,481 - -
17000
Payables & accruals 3,863 3,149 3,552 - -
Other liabilities - - - - - 13600
18,801 17,273 18,033 - - 10200
Total liabilities 232,458 241,385 241,035 - -
6800
Equity
Share capital 71,441 71,441 71,441 - - 3400
Retained earnings 11,326 10,735 11,828 - - 0
Others (9,768) (8,762) (1,292) - - 2011 2012 2013 2014 2015
Net-worth 72,999 73,414 81,977 - -

Service 267
Oman National Engineering & Investment Company S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
EPC, O&M, oil & gas, Civil Engineering, billing, investment, training, fabrication,
marketing 80000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 2057, Expatriates: 2052 - Total: 4109 64000
GCC

Key Staff Arabs not GCC


48000
Eng. Moh. Amin bin Mustafa AL Saleh : CEO Foreigners

32000
Main Shareholders (Holding 5% and more shares)
Zawawi Trading Co. : 15%
AL Sharqia Investment Holding Company : 12.5% 16000
Omani GCC Arabs not GCC Foreigners Total
Sheikh. Saud bin Ali bin Abdullah Al Khalili : 10.64%
Nos 286 1 - 1 288
Al Taher Enterprises : 10.00%
Value 20,688,747 10,453 - 776 20,699,977
0
Civil Service Employees Pension Fund : 6.93%
% 100% - - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.400
Board of Directors
0.350
Aimen Al Hosni : Chairman
Abdullah AL Harthy : Vice Chairman 0.300
Ahmed AL Blushi : Director
Ahmed AL Sinani : Director 0.250
Hilal bin Ali AL Khalili : Director
0.200
Qais AL Khonji : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mohammed AL harthy : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 970 1,151 873 1,119 888
Value of Trading (RO000) 253 373 313 473 435
No of trades executed 58 161 217 215 234
Yearly High price (RO) 0.324 0.358 0.429 0.510 0.555
Other Information
Yearly low price (RO) 0.230 0.291 0.300 0.360 0.401
Established : 1978
Closing price (RO) 0.230 0.308 0.342 0.375 0.460
Auditors : KPMG
Price Earnings Ratio (Multiplier) 10.855 12.320 14.250 13.393 14.839
Legal Advisor : Mr. Abshar Moh. AL Galal
Market Capitalisation (RO000) 20,700 24,640 27,360 26,250 27,600

268 Energy
Oman National Engineering & Investment Company S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 37,105 42,003 38,329 35,242 33,526 Cashflow from operating activities (2,203) 1,773 4,976 4,344 (3,209)
Cost of Sales - - - - -
Cashflow from investing activities 63 (865) (859) (2,445) (3,748)
Gross Profit 37,105 42,003 38,329 35,242 33,526
Other income 1,666 464 269 146 132 Cashflow from financing activities 1,131 (933) (2,227) 2,694 6,854
Total Income 38,771 42,467 38,598 35,388 33,658 Net change in cash & cash equivalents (1,010) (25) 1,890 4,593 (103)
Operating expenses (36,762) (40,291) (36,457) (32,845) (31,224)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (102) (212) (254) (306) (285)
Net profit for the year 1,907 1,964 1,887 2,237 2,149 Profitability
Other comprehesnive income (694) 107 344 43 37 Net Profit ratio % 5% 5% 5% 6% 6%
Total comprahensive income 1,213 2,071 2,231 2,280 2,186
Return on Equity % 9% 9% 9% 11% 11%
Financial Position Earning per share (RO) 0.021 0.025 0.022 0.032 0.031
Statement of Financial Position Cash dividend (RO000) 810 - 1,200 1,120 840
Assets
Non-current assets Cash dividend ratio % 9.0% - 15% 16% 14%
Tangible assets 8,482 8,859 10,798 11,345 13,219 Stock dividend (RO000) 1,000 - - 1,000 1,000
Investments 5,344 6,353 5,231 4,778 1,505 Stock dividend ratio % 11% - - 14% 17%
Other assets 561 438 292 310 545
14,387 15,650 16,321 16,433 15,269 Financial Position
Current assets Authorised Capital (RO000) 12,000 11,999 12,000 6,000 6,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 58,099 51,230 42,371 39,956 35,754
Inventories 496 681 716 681 424 Net assets / Book value per share (RO) 0.242 0.272 0.263 0.284 0.313
Cash & bank balances 3,630 4,668 4,840 2,883 87 Equity Ratio % 28% 30% 33% 33% 36%
Other assets - - - - -
62,225 56,579 47,927 43,520 36,265 Debt Ratio % 5% 26% 29% 32% 32%
Total assets 76,612 72,229 64,248 59,953 51,534 Current ratio 1 1 1 1 1
Liabilities Liquid ratio 1 1 1 1 1
Non-current Liabilities
Borrowings 1,409 1,704 2,599 3,191 2,886 Inventory turnover (days) - - - - -
Other liabilities 2,039 1,858 1,642 1,509 1,385 Avg. collection period (days) 572 445 403 414 389
3,449 3,562 4,241 4,700 4,271
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 20,538 17,378 15,856 15,707 13,505
2500
Payables & accruals 30,864 29,551 23,150 19,667 14,977
Other liabilities - - - - - 2000
51,401 46,929 39,006 35,374 28,482 1500
Total liabilities 54,850 50,491 43,247 40,074 32,753
1000
Equity
Share capital 9,000 8,000 8,000 8,000 8,000 500
Retained earnings 3,941 4,331 3,806 4,134 4,253 0
Others 8,821 9,407 9,195 8,745 8,528 2011 2012 2013 2014 2015
Net-worth 21,762 21,738 21,001 19,879 18,781

Service 269
Sembcorp Salalah Power & Water Company S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Generation of Power & Water.
450000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 2, Expatriates: 1 - Total: 3 360000
GCC

Key Staff Arabs not GCC 270000


Lim Yeow Keong - CEO Foreigners

180000
Main Shareholders (Holding 5% and more shares)
Sembcorp Oman First Investment Holding Co LTD : 40.00%
INMA Power and Water Company LLC : 21.87% 90000
Arabs not
Ministry of Defense Pension Fund : 7.11% Omani GCC Foreigners Total
GCC
Diwan Royal Court Pension Fund : 5.96% Nos 1,795 24 - 7 1,826
0
Value 138,398,035 1,871,695 - 93,600,398 233,870,128 2011 2012 2013 2014 2015
% 59% 1% - 40% 100%
Share Closing Price Index - Monthly for 2 years

2014 2015
2.800
Board of Directors
2.575
Tang Kin Fei : Chairperson
Kalat Al Bulooshi : Deputy Chairman 2.350
Abdul Amir Said Mohammed : Director
Hassan Al Nassay : Director 2.125
Richard Quek Hong Liat : Director
1.900
Tan Cheng Guan : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Ng Meng Poh : Director
Tariq Al Amri : Director Trading Information 2015 2014 2013 2012 2011
Ahmed Al Bulooshi : Director No of Shares Traded (000) 8,294 17,243 22,831 - -
Value of Trading (RO000) 20,923 35,851 44,595 - -
No of trades executed 1,115 5,026 11,331 - -
Other Information Yearly High price (RO) 2.740 2.545 2.000 - -
Established : 2009 Yearly low price (RO) 2.100 1.825 1.885 - -
Auditors : KPMG Oman Closing price (RO) 2.450 2.225 1.905 - -
Legal Advisor : Trowers & Hamlins Price Earnings Ratio (Multiplier) 17.141 16.604 16.324 - -
Market Capitalisation (RO000) 233,870 212,392 180,893 - -

270 Energy
Sembcorp Salalah Power & Water Company S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 73,621 62,771 62,712 - - Cashflow from operating activities 26,540 25,802 15,323 - -
Cost of Sales (39,705) (29,187) (29,075) - -
Cashflow from investing activities (706) (4,203) (5,898) - -
Gross Profit 33,916 33,584 33,637 - -
Other income 2 1,684 6,185 - - Cashflow from financing activities (26,004) (28,537) (12,759) - -
Operating expenses (594) (1,060) (1,073) - - Net change in cash & cash equivalents (170) (6,938) (3,334) - -
Finance Cost (17,815) (19,643) (23,923) - -
Income Tax (1,865) (1,752) (3,690) - - Key Financial indicators
Net profit for the year 13,644 12,813 11,136 - -
Other comprehesnive income 2032 (3,264) 18,703 - - Profitability
Total comprehensive income 15,676 9,549 29,839 - - Net Profit ratio % 19% 20% 18% - -
Financial Position Return on Equity % 17% 16% 13% - -
Statement of Financial Position Earning per share (RO) 0.140 0.130 0.120 - -
Assets
Non-current assets Cash dividend (RO000) 12,123 12,791 8,681 - -
Tangible assets 318,579 329,102 339,402 - - Cash dividend ratio % 12.7% 13.4% 9.1% - -
Other assets 3 3,239 2,792 - -
318,582 332,341 342,194 - - Stock dividend (RO000) - - - - -
Current assets Stock dividend ratio % - - - - -
Receivables & prepayments 7,533 6,987 7,505 - - Financial Position
Inventories 4,558 3,620 2,848 - -
Cash & bank balances 28,419 28,589 35,527 - - Authorised Capital (RO000) 100,000 100,000 100,000 - -
40,509 39,196 45,880 - - Par value per share (RO) 1.000 1.000 1.000 - -
Total assets 359,091 371,537 388,074 - -
Net assets / Book value per share (RO) 1.080 1.070 1.100 - -
Liabilities
Non-current Liabilities Equity Ratio % 26% 24% 25% - -
Borrowings 222,430 235,476 247,565 - -
Debt Ratio % 74% 76% 75% - -
Other liabilities 32,046 35,411 29,919 - -
254,476 270,887 277,484 - - Current ratio 2 2 2 - -
Current Liabilities Liquid ratio 2 2 2 - -
Borrowings 14,116 13,212 12,309 - - Inventory turnover (days) 42 45 36 - -
Payables & accruals 9,338 9,162 13,326 - -
23,454 22,374 25,635 - - Avg. collection period (days) 37 41 44 - -
Total liabilities 277,930 293,261 303,119 - - Net Profit / Total Dividend (RO 000)
Equity Net Profit Total Dividend
Share capital 95,457 95,457 95,451 - - 15000
Retained earnings 3,498 4,010 8,706 - - 12000
Others 3,850 2,485 1,204 - -
Hedging deficit (21,644) (23,676) (20,412) - - 9000
Net-worth 81,161 78,276 84,955 - - 6000
3000
0
2011 2012 2013 2014 2015

Service 271
Sharqiyah Desalination Company S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Water Desalination
100000
Assets Market Capitalisation Net-worth Equity

Main Shareholders (Holding 5% and more shares)


Omani
80000
Veolia Water Middle East : 35.75%
GCC
National company for energy and water : 29.25%
Arabs not GCC 60000
Foreigners

40000

20000
Omani GCC Arabs not GCC Foreigners Total
Nos 697 3 - 1 701
Board of Directors
Value 47,327,973 106,070 - 5 47,434,048 0
Patrice Fonlladosa : Chairperson % 100% - - - 100% 2011 2012 2013 2014 2015
Xavier Joseph : Deputy Chairman
Chander Kant Khanna : Director Share Closing Price Index - Monthly for 2 years
Padmanabhan Ananthan : Director
2014 2015
Jean Francois Roberge : Director
5.500
Ali Khamis Mubarik Al Alawi : Director
Mustafa Ahmed Salman : Director 4.875

4.250

3.625

Other Information 3.000


Established : 1978 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Auditors : KPMG
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 1,820 1,234 4,098 - -
Value of Trading (RO000) 7,360 5,858 14,890 - -
No of trades executed 501 625 6,206 - -
Yearly High price (RO) 4.850 5.700 5.300 - -
Yearly low price (RO) 3.100 3.100 3.127 - -
Closing price (RO) 4.850 3.400 4.985 1.063 -
Price Earnings Ratio (Multiplier) 31.264 13.546 13.809 3.000 -
Market Capitalisation (RO000) 47,434 33,253 32,503 6,931 -

272 Energy
Sharqiyah Desalination Company S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income Statement of Cashflow
Revenue 10,055 9,816 9,543 9,630 -
Cost of Sales (5,274) (4,350) 4,025) (4,017) - Cashflow from operating activities 6,075 6,777 4,963 7,208 -
Gross Profit 4,781 5,466 5,518 5,613 - Cashflow from investing activities (27,281) (1,389) (131) (14) -
Other income - - 13 636 - Cashflow from financing activities 18,836 (4,716) (3,591) (6,187) -
Total Income 4,781 5,466 5,531 6,249 -
Operating expenses (3,058) (2,677) (2,813) (3,105) - Net change in cash & cash equivalents (2,371) 672 1,241 1,007 -
Other Gains/ (losses) - - - - -
Income Tax (206) (332) (366) (379) - Key Financial indicators
Net profit for the year 1,517 2,457 (366) (379) -
Other comprehesnive income 35 (847) 3,653 56 -
Profitability
Total comprahensive income 1,552 1,610 6,005 2,821 - Net Profit ratio % 15% 25% 25% 29% -
Return on Equity % 14% 24% 25% 79% -
Financial Position
Statement of Financial Position Earning per share (RO) 0.155 0.251 1.459 0.538 -
Assets Cash dividend (RO000) - 587 1,000 - -
Non-current assets
Tangible assets 29,812 90 74 51 - Cash dividend ratio % - 6.0% 15.3% - -
Investments - - - - - Stock dividend (RO000) - 3,260 - - -
Other assets 49,501 54,851 55,967 59,851 - Stock dividend ratio % - 50% - - -
79,313 54,941 56,041 59,902 -
Current assets Financial Position
Investments - - - - - Authorised Capital (RO000) 10,500 10,500 10,500 10,500 -
Receivables & prepayments 1,381 2,295 3,122 2,433 -
Par value per share (RO) 1.000 1.000 1.000 1.000 -
Inventories - - - - -
Cash & bank balances 2,324 4,694 4,022 2,781 - Net assets / Book value per share (RO) 1.134 1.035 1.100 1.000 -
Other assets - 125 125 125 - Equity Ratio % 13% 16% 15% 5% -
3,705 125 7,269 5,339 -
Total assets 83,017 62,055 63,310 65,241 - Debt Ratio % 81% 78% 80% 90% -
Liabilities Current ratio 1 1 1 1 -
Non-current Liabilities
Borrowings 6,957 44,941 47,137 55,009 - Liquid ratio 1 1 1 1 -
Other liabilities 60,524 247 284 323 - Inventory turnover (days) - - - - -
67,481 45,188 47,421 55,332 -
Avg. collection period (days) 50 85 119 92 -
Current Liabilities
Net Profit / Total Dividend (RO 000)
Borrowings - 3,159 3,719 3,589 -
Payables & accruals 4,446 3,547 2,618 2,770 - Net Profit Total Dividend
Other liabilities - 36 39 42 - 3000
4,446 6,742 6,376 6,401 - 1800
Total liabilities 71,927 51,930 53,797 61,733 - 600
Equity 0
Share capital 9,780 9,780 6,520 6,520 - -600
Retained earnings 5,505 4,726 6,773 4,656 - -1800
Others 1,928 1,777 1,531 1,296 - -3000
Hedging deficit (6,122) (6,158) (5,311) (8,964) - 2011 2012 2013 2014 2015
Net-worth 11,091 10,125 9,513 3,508 -

Service 273
SMN Power Holding
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Investments in Power Generation and Water Desalination Projects
400000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 13, Expatriates: 7 - Total: 20 320000
GCC

Key Staff Arabs not GCC 240000


Gillian Alexandre HUART: CEO Foreigners

160000
Main Shareholders (Holding 5% and more shares)
Kahrabel FZE : 30.87%
Mubadala Power Holding Company Limited : 30.87%
Arabs not
80000

Ministry of Defense Pension Fund : 7.46% Omani GCC Foreigners Total


GCC
Qalhat LNG SAOC : 5.00% Nos 264 10 - - 274
0
Value 56,231,298 91,499,046 - - 147,730,344 2011 2012 2013 2014 2015
% 38% 62% - - 100%
Share Closing Price Index - Monthly for 2 years

2014 2015
6.000
Board of Directors
4.880
Mr.Johan Van Kerrebroeck : Chairman
3.760
Dr. Abdullah Al Yahya'ey : Vice Chairman
Mr. Antonios Chatzi Georgiou : Director 2.640
Mr. Ahmed Saud Said Al Zakwany : Director 1.520
Mr. Mohammed Al Huraimel Al Shamsi : Director
0.400
Mr. Gijis Olbrechts : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Imran Sheikh : Director
Mr. Alan Robinson : Director Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 12,619 10,666 1,451 3,748 1,343
Value of Trading (RO000) 9,305 8,909 7,357 14,127 4,936
No of trades executed 163 330 331 378 621
Yearly High price (RO) 0.764 5.600 5.760 4.500 3.820
Other Information
Yearly low price (RO) 0.652 0.530 4.449 3.600 3.410
Established : 7 May 2011 Closing price (RO) 0.740 3.400 5.450 4.500 3.663
Auditors : PricewaterhouseCoopers
Price Earnings Ratio (Multiplier) 16.378 0.660 13.868 13.636 19.279
Legal Advisor : Al Busaidy Mansoor Jamal & Co.
Market Capitalisation (RO000) 147,730 131,759 108,801 89,838 73,128

274 Energy
SMN Power Holding Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 109,539 77,885 74,560 84,998 81,520 Cashflow from operating activities 27,810 17,689 17,017 17,069 2,943
Cost of Sales (88,274) (56,076) (52,645) (63,857) (60,626)
Cashflow from investing activities 1,637 2,641 5,591 (2,412) 2,776
Gross Profit 21,265 21,809 21,915 21,141 20,894
Other income - - - 510 110 Cashflow from financing activities (31,596) (21,105) (21,774) (32,105) (14,475)
Total Income 21,265 21,809 21,915 21,651 21,004 Net change in cash & cash equivalents (2,149) (775) 834 (17,448) (8,756)
Operating expenses (10,986) (11,966) (12,991) (14,254) (15,732)
Other Gains/ (losses) (24) - (6) - - Key Financial indicators
Income Tax (1,235) (1,225) (1,074) (835) (1,436)
Net profit for the year 9,020 8,618 7,844 6,562 3,836 Profitability
Other comprehesnive income 2,586 1,464 13,592 226 (9,136) Net Profit ratio % 8% 11% 11% 8% 5%
Total comprahensive income 11,606 10,082 21,436 6,788 (5,300)
Return on Equity % 52% 27% 25% 20% 11%
Financial Position Earning per share (RO) 0.045 0.043 0.157 0.330 0.190
Statement of Financial Position
Assets Cash dividend (RO000) 8,185 8,385 8,465 9,183 6,728
Non-current assets Cash dividend ratio % 41.0% 42% 42% 46% 34%
Tangible assets 187,343 194,474 202,364 210,164 217,281
Stock dividend (RO000) - - - - -
Investments - - 244 250 250
Other assets 39,480 43,360 47,123 50,667 54,150 Stock dividend ratio % - - - - -
226,823 237,834 249,731 261,081 271,681
Current assets
Financial Position
Investments - - - - - Authorised Capital (RO000) 19,964 19,964 19,964 19,964 19,964
Receivables & prepayments 13,518 10,144 9,791 10,278 46,543 Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Inventories 2,799 3,296 3,251 2,938 2,697
Cash & bank balances 5,616 6,094 6,087 7,503 20,561 Net assets / Book value per share (RO) 0.162 0.161 1.573 1.640 1.820
Other assets - - - - - Equity Ratio % 7% 12% 12% 12% 11%
21,933 19,534 19,129 20,719 69,801
Debt Ratio % 82% 87% 89% 94% 84%
Total assets 248,756 257,368 268,860 281,800 341,482
Liabilities Current ratio 1 0.97 1 1 1
Non-current Liabilities Liquid ratio 1 0.81 1 1 1
Borrowings 176,490 210,652 225,488 253,642 266,069
Inventory turnover (days) 12 21 23 17 16
Other liabilities 27,761 12,254 10,668 7,576 6,430
204,251 222,906 236,156 261,218 272,499 Avg. collection period (days) 45 48 48 44 208
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 14,424 13,567 13,119 12,592 21,923 Net Profit Total Dividend
Payables & accruals 12,897 6,533 7,320 7,978 43,655 10000
Other liabilities - - - - -
8000
27,321 20,100 20,439 20,570 65,578
Total liabilities 231,572 243,006 256,595 281,788 338,077 6000
Equity 4000
Share capital 19,964 19,964 19,964 19,964 19,964
2000
Retained earnings 7,391 8,040 8,153 10,257 15,782
Others 4,924 4,039 3,293 2,528 622 0
2011 2012 2013 2014 2015
Hedging deficit (15,095) (17,681) (19,145) (32,737) (32,963)
Net-worth 17,184 14,362 12,265 12 3,405

Service 275
Sohar Power Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Power Generation & Water Desalination
200000
Assets Market Capitalisation Net-worth Equity
No of staff
Omani: 11, Expatriates: 9 - Total: 20
Omani
160000
GCC
Key Staff
Guillaume Baudet: CEO
Arabs not GCC
120000
Main Shareholders (Holding 5% and more shares) Foreigners

Kahraber FZE : 35.00%


80000
Mena Sohar 1 SPV LTD : 20.00%
Civil Service Employees Pension Fund : 15.00%
Qalhat LNG : 6.11% 40000
Ministry of Defense Pension Fund : 5.15% Omani GCC Arabs not GCC Foreigners Total
Sogex Oman : 5.00% Nos 8,498 64 1 6 8,569
Value 34,896,284 42,829,695 65,718 3,823 77,795,520 0
% 45% 55% - - 100% 2011 2012 2013 2014 2015
Board of Directors
Mr. Saif Abdullah Al Harthy : Chairman Share Closing Price Index - Monthly for 2 years
Ms. Anne Stephanie Nguyen Qui : Vice Chairman
2014 2015
Mr. Murtadha Ahmed Sultan : Director
0.400
Mr. Malcolm Wrigley : Director
Mr. Sami Abdullah Khamis Al Zadjali : Director
0.350
Mr. Jeronimo Roura : Director
Mr. Ahmed Sultan Al-Yaqoubi : Director
Mr. Navneet Kasbekar : Director 0.300
Mr. Tashfen Yasin : Director
Mr. T.N. Sunderaraju : Director 0.250
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Mohammed Al Riyami : Director
Mr. Nizar Qallab : Director
Trading Information 2015 2014 2013 2012 2011
Mr. Ian Lawrence : Director
No of Shares Traded (000) 17,827 4,219 6,136 1,398 2,751
Mr. Przemyslaw Lupa : Director
Value of Trading (RO000) 6,337 2,719 18,778 2,173 4,398
No of trades executed 593 1,088 1,583 1,216 1,617
Other Information Yearly High price (RO) 0.390 3.760 2.930 1.655 1.750
Established : 2004 Yearly low price (RO) 0.330 0.324 1.600 1.310 1.440
Auditors : KPMG Closing price (RO) 0.352 0.376 2.750 1.626 1.685
Legal Advisor : Al Busaidy Mansoor Jamal & CO Price Earnings Ratio (Multiplier) 20.712 18.800 12.387 15.340 18.516
Market Capitalisation (RO000) 77,796 83,100 60,778 45,203 46,843

276 Energy
Sohar Power Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 62,657 47,033 47,539 46,622 42,054 Cashflow from operating activities 11,645 12,011 14,168 8,798 10,177
Cost of Sales (50,822) (33,334) (33,344) (34,488) (29,285)
Cashflow from investing activities (260) (249) (298) (123) -
Gross Profit 11,835 13,699 14,195 12,134 12,769
Other income 788 52 845 1,248 664 Cashflow from financing activities (11,919) (12,306) (18,441) (7,573) (11,616)
Total Income 12,623 13,751 845 1,248 664 Net change in cash & cash equivalents (534) (544) (4,571) 1,102 (1,439)
Operating expenses (8,381) (8,896) (9,198) (10,042) (10,020)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (486) (441) (705) (400) (894)
Net profit for the year 3,756 4,414 5,137 2,940 2,519 Profitability
Other comprehesnive income 2512 120 10,668 673 (7,457) Net Profit ratio % 6% 9% 11% 6% 6%
Total comprahensive income 6,268 4,534 15,805 3,613 (4,938)
Return on Equity % 26% 38% 45% 46% 92%
Financial Position Earning per share (RO) 0.017 0.022 0.022 0.106 0.091
Statement of Financial Position Cash dividend (RO000) 3,646 4,331 4,989 - 4,448
Assets
Non-current assets Cash dividend ratio % 16.5% 19.6% 23% - 16%
Tangible assets 143,886 150,363 156,844 163,269 169,863 Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
143,886 150,363 156,844 163,269 169,863 Financial Position
Current assets Authorised Capital (RO000) 60,000 60,000 60,000 60,000 60,000
Investments - - - - -
Par value per share (RO) 0.100 0.100 1.000 1.000 1.000
Receivables & prepayments 6,614 3,694 4,061 3,946 3,103
Inventories 749 611 658 744 728 Net assets / Book value per share (RO) 0.123 0.123 0.122 1.171 1.065
Cash & bank balances 9,182 9,716 10,260 14,831 13,729 Equity Ratio % 9% 7% 7% 3% 1%
Other assets - - - - -
16,545 14,021 14,979 19,521 17,560 Debt Ratio % 80% 85% 86% 91% 92%
Total assets 160,431 164,384 171,823 182,790 187,423 Current ratio 1 1 1 2 2
Liabilities Liquid ratio 1 1 1 2 1
Non-current Liabilities
Borrowings 103,770 112,070 120,000 127,608 134,979 Inventory turnover (days) 5 7 7 8 9
Other liabilities 24,567 26,516 27,656 37,924 38,121 Avg. collection period (days) 39 29 31 31 27
128,337 138,586 147,656 165,532 173,100
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 8,617 8,270 7,973 7,755 7,573
5500
Payables & accruals 9,193 5,866 4,735 3,161 4,021
Other liabilities - - - - - 4400
17,810 14,136 12,708 10,916 11,594 3300
Total liabilities 146,147 152,722 160,364 176,448 184,694
2200
Equity
Share capital 22,101 22,101 22,101 27,800 27,800 1100
Retained earnings 1,833 2,099 2,457 2,823 177 0
Others (9,650) (12,538) (13,099) (24,281) (25,248) 2011 2012 2013 2014 2015
Net-worth 14,284 11,662 11,459 6,342 2,729

Service 277
United Power Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Power Generation
35000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 11, Expatriates: 9 - Total: 20 28000
GCC

Key Staff Arabs not GCC


21000
Mr.Zoher Karachiwala ,Director & CEO Foreigners

14000
Main Shareholders (Holding 5% and more shares)
Civil Service Employees Pension Fund : 16.13%
Sogex Oman : 10.04% 7000
Omani GCC Arabs not GCC Foreigners Total
Public Authority for Social Insurance - PASI : 7.81%
Nos 751 19 1 1 772
Ministry of Defence pension Fund : 7.49%
Value 1,812,447 378,323 348 77 2,191,194
0
SANCTA CAPITAL PRTNERS L.P : 7.34%
% 83% 17% - - 100% 2011 2012 2013 2014 2015
Gulf Investment Company : 5.67%
Share Closing Price Index - Monthly for 2 years

2014 2015
Board of Directors
4.000
Mr. Murtadha A. Sultan : Chairman
Mr. Mark Lemmon : Vice Chairman 3.250
Mr. James Harper : Director
2.500
Mr. Rahul Mittal : Director
Col.Sultan Sulaiman Salim Al Mahruqi : Director 1.750
Mr. Guillaume Bremond : Director
Mr. Yaseen Abdullatif : Director 1.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Hamad Lal Baksh Al Balushi : Director
Mr. Sami Yahya Al Daghaishi : Director Trading Information 2015 2014 2013 2012 2011
Ms. Isabelle Demir : Director No of Shares Traded (000) 234 410 283 670 812
Mr. Zoher Karachiwala : Director Value of Trading (RO000) 466 629 372 714 874
Mr. Guillaume Baudet : Director No of trades executed 206 214 253 232 331
Yearly High price (RO) 3.470 1.950 1.441 1.300 1.300
Other Information
Yearly low price (RO) 1.400 1.160 1.060 0.905 0.945
Established : 9/01/1995
Closing price (RO) 2.740 1.325 1.400 1.050 1.002
Auditors : Moore Stephens
Price Earnings Ratio (Multiplier) 5.117 8.833 15.730 21.429 8.213
Nassar Al Habsi & Saif Al Mamari Law Firm
Legal Advisor : In Association with Addleshaw Goddard Market Capitalisation (RO000) 2,192 2,650 3,905 3,661 4,891

278 Energy
United Power Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 10,811 9,613 11,399 11,050 12,487 Cashflow from operating activities 5,615 4,522 5,297 4,939 6,425
Cost of Sales - (4,690) (5,324) (5,064) (4,869)
Cashflow from investing activities - (455) (1) (4) (1)
Gross Profit 10,811 4,923 6,075 5,986 7,618
Other income 117 763 - - - Cashflow from financing activities (5,584) (3,435) (3,575) (6,511) (10,402)
Total Income 10,928 5,686 6,075 5,986 7,618 Net change in cash & cash equivalents 31 632 1,721 (1,576) (3,978)
Operating expenses (9,714) (4,530) (5,212) (5,326) (5,794)
Other Gains/ (losses) - - - - - Key Financial indicators
Income Tax (143) (136) (101) (76) 48
Net profit for the year 1,071 1,020 762 584 1,872 Profitability
Other comprehesnive income - - - - - Net Profit ratio % 10% 11% 7% 5% 15%
Total comprahensive income 1,071 1,020 762 584 1,872
Return on Equity % 28% 12% 7% 4% 10%
Financial Position Earning per share (RO) 0.286 0.150 0.089 0.049 0.122
Statement of Financial Position Cash dividend (RO000) 1,000 4,000 1,460 1,832 2,929
Assets
Non-current assets Cash dividend ratio % 50.0% 80% 20.94% 21.02% 24%
Tangible assets 7,663 12,121 16,132 21,224 26,385 Stock dividend (RO000) - - - - -
Investments - - - - -
Other assets - - - - - Stock dividend ratio % - - - - -
7,663 12,121 16,132 21,224 26,385 Financial Position
Current assets
Authorised Capital (RO000) 39,914 39,914 39,914 39,914 39,914
Investments - - - - -
Receivables & prepayments 1,986 2,663 2,006 2,033 2,125 Par value per share (RO) 1.000 1.000 1.000 1.000 1.000
Inventories 259 259 259 259 258 Net assets / Book value per share (RO) 1.916 1.669 1.543 1.557 1.598
Cash & bank balances 80 849 117 396 322
Other assets - - - - - Equity Ratio % 38% 53% 58% 57% 67%
2,325 3,771 2,382 2,688 2,705 Debt Ratio % 6% 30% 25% 28% 17%
Total assets 9,988 15,892 18,514 23,912 29,090 Current ratio - 1 - - -
Liabilities
Non-current Liabilities Liquid ratio - 1 - - -
Borrowings - - - - - Inventory turnover (days) - 20 18 19 19
Other liabilities 567 1,040 1,510 2,058 2,613
567 1,040 1,510 2,058 2,613 Avg. collection period (days) 67 101 64 67 62
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 4,000 4,800 4,700 6,700 5,050 Net Profit Total Dividend
Payables & accruals 1,590 1,708 1,545 1,582 1,928 4500
Other liabilities - - - - - 3600
5,590 6,508 6,245 8,282 6,978
Total liabilities 6,157 7,548 7,755 10,340 9,591 2700
Equity 1800
Share capital 2,000 5,000 6,974 8,717 12,204
900
Retained earnings 1,164 1,677 1,461 1,949 3,227
Others 667 1,667 2,324 2,906 4,068 0
2011 2012 2013 2014 2015
Net-worth 3,831 8,344 10,759 13,572 19,499

Service 279
Phoenix Power S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Power Generation
700000
Assets Market Capitalisation Net-worth Equity

Key Staff 600000


Omani
Peter Kevin Jones : Executive Managing Director
GCC
500000
Main Shareholders (Holding 5% and more shares)
Arabs not GCC
Axia Power holding B V : 32.50% 400000
Foreigners
Chubu Electric Power Sub B V : 19.50%
Qatar Electric & Water Company : 9.75% 300000

200000

Arabs not
Omani GCC Foreigners Total 100000
GCC
Nos 12,263 46 - 5 12,314
0
Value 77,850,033 23,244,187 - 109,520,391 210,614,610 2011 2012 2013 2014 2015

Board of Directors % 37% 11% - 52% 100%

Mr. Khalid Jolo : Chairman Share Closing Price Index - Monthly for 2 years
Mr. Neil Cave : Deputy Chairman 2014 2015
Mr. Peter Jones : Director 0.200
Mr. Kazuaki Shibuya : Director
Mr. Hiromi Sakakibara : Director 0.150
Mr. Masamitsu Suda : Director
0.100

0.050

0.000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Other Information
Trading Information 2015 2014 2013 2012 2011
Established : Jun 26, 2011
No of Shares Traded (000) 495,841 - - - -
Auditors : Ernest & Young
Value of Trading (RO000) 74,542 - - - -
No of trades executed 44,687 - - - -
Yearly High price (RO) 0.160 - - - -
Yearly low price (RO) 0.141 - - - -
Closing price (RO) 0.144 - - -
Price Earnings Ratio (Multiplier) 7.320 - - - -
Market Capitalisation (RO000) 210,615 - - - -

280 Energy
Phoenix Power S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
............................................................ RO. 000s................................................................ ............................................................ RO. 000s................................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 101,866 - - - - Cashflow from operating activities 32,006 - - - -
Cost of Sales (65,094) - - - -
Cashflow from investing activities (720) - - - -
Gross Profit 36,772 - - - -
Other income 23,511 - - - - Cashflow from financing activities (25,450) - - - -
Total Income 60,283 - - - - Net change in cash & cash equivalents 5,836 - - - -
Operating expenses (25,112) - - - -
Other Gains/ (losses) - Key Financial indicators
Income Tax (6,399) - - - -
Net profit for the year 28,772 - - - - Profitability
Other comprehesnive income (3113) - - - - Net Profit ratio % 28% - - - -
Total comprahensive income 25,659 - - - -
Return on Equity % 21% - - - -
Financial Position Earning per share (RO) 0.020 - - - -
Statement of Financial Position Cash dividend (RO000) 15,649 - - - -
Assets
Non-current assets Cash dividend ratio % 10.7% - - - -
Tangible assets 600,562 - - - - Stock dividend (RO000) - - - - -
Investments - - - - - Stock dividend ratio % - - - - -
Other assets - - - - -
600,562 - - - - Financial Position
Current assets Authorised Capital (RO000) 200,000 - - - -
Investments
Par value per share (RO) 0.100 - - - -
Receivables & prepayments 4,303 - - - -
Inventories 10,809 - - - - Net assets / Book value per share (RO) 0.094 - - - -
Cash & bank balances 20,573 - - - - Equity Ratio % 22% - - - -
Other assets - - - - -
35,685 - - - - Debt Ratio % 68% - - - -
Total assets 636,247 - - - - Current ratio 1 - - - -
Liabilities Liquid ratio - - - - -
Non-current Liabilities
Borrowings 380,112 - - - - Inventory turnover (days) 61 - - - -
Other liabilities 52,727 - - - - Avg. collection period (days) 15 - - - -
432,839 - - - -
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 24,048 - - - -
30000
Payables & accruals 31,063 - - - -
Other liabilities 11,094 - - - - 24000
66,205 - - - - 18000
Total liabilities 499,044 - - - -
12000
Equity
Share capital 146,260 - - - - 6000
Retained earnings 30,182 - - - - 0
Others (39,239) - - - - 2011 2012 2013 2014 2015
Net-worth 137,203 - - - -

Service 281
Oman International Marketing Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Promoting and marketing of goode - loading and unloading od goods export
and import office. 400
Assets Market Capitalisation Net-worth Equity

Key Staff Omani


Loay Ali Al Fadhil : CEO
GCC 300

Main Shareholders (Holding 5% and more shares) Arabs not GCC


Al Madinah Investment S.A.O.G : 52.669 %
Foreigners
Murtadah Ahmed Sultan : 6.857 % 200
Muscat overseas L.L.C : 6.600 %
Ali Yousuf Al Fadhil : 6.335 %
Yousuf Ali Yousuf Al Fadhil : 6.335 %
100
Omani GCC Arabs not GCC Foreigners Total
Nos 83 - - - 83
Value 259,000 - - - 259,000 0
% 100% - - - 100% 2011 2012 2013 2014 2015

Board of Directors
Share Closing Price Index - Monthly for 2 years
Mahmoud bin Amer Al Kayoumi : Chairman
Mr.Ahmed Nasser Al Rahbi : Vice Chairman 2014 2015
Mr.Abdul Samad Al Maskari : Director 0.600
Mr.Loay Ali Al Fadhel : Director
Mr.Mohammed Badar Al Busaidy : Director 0.466
Mr.Breek Musallam Mohd Al Amri : Director

0.333

0.200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Other Information Trading Information 2015 2014 2013 2012 2011


Established : 22/06/1994 No of Shares Traded (000) - - 32 32 -
Auditors : BDO Jawad Habib Value of Trading (RO000) - - 16 16 -
Muhsen Al Hadad And Amer Al No of trades executed - - 1 1 -
Legal Advisor : Kiyumi Associates
Yearly High price (RO) 0.518 0.518 0.518 0.550 0.550
Yearly low price (RO) 0.518 0.518 0.518 0.518 0.550
Closing price (RO) 0.518 0.518 0.518 0.518 0.550
Price Earnings Ratio (Multiplier) (5.762) 8.931 (3.954) (1.985) -
Market Capitalisation (RO000) 259 259 259 259 -

282 Diversified Commercial Services


Oman International Marketing Co. S.A.O.G Fiscal Year - 31st March

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income Statement of Cashflow
Revenue 4 36 5 8 -
Cashflow from operating activities (4) 3 - (149) -
Cost of Sales - - - - -
Gross Profit 4 36 5 8 - Cashflow from investing activities - 32 - - -
Other income (49) - - - - Cashflow from financing activities - - - 150 -
Total Income (45) 36 5 8 -
Net change in cash & cash equivalents (4) 35 - 0.5 -
Operating expenses - (6) (11) (31) -
Other Gains/ (losses) - - (59) (108) -
Income Tax - - - - - Key Financial indicators
Net profit for the year (45) 30 (65) (131) - Profitability
Other comprehesnive income - - - - -
Total comprahensive income (45) 30 (65) (131) - Net Profit ratio % (1033%) 83% (1300%) (1638%) -
Return on Equity % (39%) 19% (50%) (69%) -
Financial Position
Earning per share (RO) (0.090) 0.058 (0.131) (0.261) -
Statement of Financial Position
Cash dividend (RO000) - - - - -
Assets
Non-current assets Cash dividend ratio % - - - - -
Tangible assets - - - - -
Stock dividend (RO000) - - - - -
Investments 5 5 12 67 -
Other assets - - - - - Stock dividend ratio % - - - - -
5 5 12 67 -
Financial Position
Current assets
Investments 47 54 52 52 - Authorised Capital (RO000) 500 500 500 500 -
Receivables & prepayments 39 72 89 199 - Par value per share (RO) 1.000 1.000 1.000 1.000 -
Inventories - - - - -
Book value per share 0.229 0.318 0.260 0.381 -
Cash & bank balances 33 37 2 2 -
Other assets - - - - - Equity Ratio % 92% 95% 84% 59% -
119 163 143 253 - Debt Ratio % 0% 5% 16% 41% -
Total assets 124 168 155 320 -
Current ratio 12 18 6 2 -
Liabilities
Non-current Liabilities Liquid ratio 12 18 6 2 -
Borrowings - - - - - Inventory turnover (days) - - - - -
Other liabilities - - - - -
- - - - - Avg. collection period (days) 3245 730 - - -
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 10 - - - - Net Profit TotalTotal
Net Prot
Dividend
Dividend
Payables & accruals - 9 25 130 - 200
Other liabilities - - - - -
10 9 25 30 - 160
Total liabilities 10 9 25 30 - 120
Equity
Share capital 500 500 500 500 - 80
Retained earnings (415) (370) (397) (331) - 40
Others 30 29 27 21 -
0
Net-worth 115 159 130 190 - 2011 2012 2013 2014 2015

Service 283
Al Jazeira Services Co. S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Contract Catering & Allied Services, Strategic Investment in Al Anwar Ceramic Tiles
Co. S.A.O.G, Investment in Securities in local and Overseas Securities market. 70000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 161, Expatriates: 1059 Total: 1220 56000
GCC

Key Staff Arabs not GCC


42000
Nader Tayab : General Manager, Ghulam Hussain : Finance Manager Foreigners

28000
Main Shareholders (Holding 5% and more shares)
DICO Investment Company LLC Preference Shares : 13.16%
Al Sharqiya Investment Holding Co. S.A.O.G : 10.95% 14000
Omani GCC Arabs not GCC Foreigners Total
Tharwa Invest Muscat LLC Preference shares : 9.70%
Nos 1,003 23 4 3 1,033
Civil Service Employee Pension Fund : 6.45%
Value 16,256,328 2,801,560 34,226 3,619 19,095,733
0
% 85% 15% - - 100% 2011 2012 2013 2014 2015

Share Closing Price Index - Monthly for 2 years

2014 2015
0.600
Board of Directors
0.536
Hussain Ali Habib Sajwani : Chairperson
0.472
Abdulredha Mustafa Sultan : Deputy Chairman
Sofiyan Khatib : Director 0.408
Adil Mohamed Hassan Taqi : Director 0.344
Amer Mustafa Gul Mohammed Al Fadhil : Director
0.280
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading Information 2015 2014 2013 2012 2011


No of Shares Traded (000) 21,072 28,664 63,390 77,348 59,930
Value of Trading (RO000) 7,829 13,395 29,604 22,680 11,145
No of trades executed 2 2,589 6,314 9,565 9,021
Other Information Yearly High price (RO) 0.426 0.616 0.596 0.390 0.227
Established : 1997 Yearly low price (RO) 0.288 0.252 0.378 0.179 0.138
Auditors : Moore Stephens Closing price (RO) 0.312 0.300 0.570 0.386 0.177
Legal Advisor : Rajab Al Kathiri & Associates Price Earnings Ratio (Multiplier) 9.104 6.818 13.256 8.773 13.615
Market Capitalisation (RO000) 19,096 33,515 63,679 43,124 19,774

284 Diversified Commercial Services


Al Jazeira Services Co. S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 11,109 10,269 11,340 12,559 11,132 Cashflow from operating activities 1,471 1,952 1,744 2,036 863
Cost of Sales (7,804) (7,137) (7,848) (9,081) (7,520)
Cashflow from investing activities 2,461 1,986 4,761 (1,347) 2,497
Gross Profit 3,305 3,132 3,492 3,478 3,612
Other income (363) - - - - Cashflow from financing activities (3,551) (3,984) (5,694) (1,915) (6,581)
Total Income 2,942 3,132 3,492 3,478 3,612 Net change in cash & cash equivalents 381 (46) (811) (1,226) (3,221)
Operating expenses 1,038 (1,282) (1,340) (1,264) (1,278)
Other Gains/ (losses) - 3,255 2,864 3,038 (681) Key Financial indicators
Income Tax (152) (222) (266) (362) (240)
Net profit for the year 3,829 4,883 4,750 4,890 1,413 Profitability
Other comprehesnive income (144) (243) (26) 1 1,298 Net Profit ratio % 34% 48% 42% 39% 13%
Total comprahensive income 3,685 4,640 4,724 4,891 2,711
Return on Equity % 16% 21% 22% 22% 8%
Financial Position Earning per share (RO) 0.034 0.044 0.043 0.044 0.013
Statement of Financial Position Cash dividend (RO000) 2,793 2,234 3,352 5,586 782
Assets
Non-current assets Cash dividend ratio % 25.0% 20% 30% 50% 7%
Tangible assets 13 21 36 50 100 Stock dividend (RO000) - - - - -
Investments 21,970 21,979 20,349 18,592 17,258 Stock dividend ratio % - - - - -
Other assets 244 122 90 133 506
22,227 22,122 20,475 18,775 17,864 Financial Position
Current assets Authorised Capital (RO000) 50,000 50,000 50,000 50,000 50,000
Investments 704 1,244 1,730 5,228 1,967
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 3,485 3,226 3,599 4,377 4,292
Inventories 301 291 251 393 347 Net assets / Book value per share (RO) 0.220 0.207 0.195 0.203 0.166
Cash & bank balances 1,670 1,288 1,334 526 1,750 Equity Ratio % 86% 82% 80% 77% 71%
Other assets - - - - -
6,160 6,049 6,914 10,524 8,356 Debt Ratio % 2% 8% 11% 10% 16%
Total assets 28,387 28,171 27,389 29,299 26,220 Current ratio 2 1 1 2 2
Liabilities Liquid ratio 2 1 1 2 2
Non-current Liabilities
Borrowings - - 317 949 2,057 Inventory turnover (days) 14 15 12 16 17
Other liabilities 559 496 428 403 389 Avg. collection period (days) 114 115 116 127 141
559 496 745 1,352 2,446
Net Profit / Total Dividend (RO 000)
Current Liabilities
Net Profit Total Dividend
Borrowings 1,000 2,316 2,633 2,110 2,133
6000
Payables & accruals 2,282 2,264 2,203 3,168 3,080
Other liabilities - - - - - 5000
3,282 4,580 4,836 5,278 5,213 4000
Total liabilities 3,842 5,076 5,581 6,630 7,659 3000
Equity 2000
Share capital 11,172 11,172 11,172 11,172 11,172 1000
Retained earnings 9,976 8,382 6,851 7,687 3,579 0
Others 3,398 3,541 3,785 3,810 3,809 2011 2012 2013 2014 2015
Net-worth 24,546 23,095 21,808 22,669 18,560

Service 285
Oman Investment & Finance Co Ltd S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Commercial Banking
100000
Assets Market Capitalisation Net-worth Equity

No of staff
Omani
Omani: 649 , Expatriates: 102 - Total: 751 80000
GCC

Key Staff Arabs not GCC 60000


Said Ahmed Saad Safrar : Chief Executive Officer Foreigners
Tahir Salim Al Amri : Deputy Chief Executive Officer
40000
Ahmed Tabook : General Manager-Business Development
N.V. Giri : General Manager-Telecom
K. Kannan : General Manager Support Services.
20000
Omani GCC Arabs not GCC Foreigners Total
Main Shareholders (Holding 5% and more shares) Nos 1,757 16 1 4 1,778
Dhofar International Development and Investment Value 39,273,789 315,097 5,217 5,897 39,600,000 0
Holding Co. S.A.O.G
: 37.96% 2011 2012 2013 2014 2015
% 99% 1% - - 100%

Share Closing Price Index - Monthly for 2 years

2014 2015
0.320
Board of Directors
Engr. Ahmed Hamed Al Subhi : Chairperson
Mr. Tariq Abdul Hafidh Al Aujaili : Deputy Chairman 0.225
Shaikh Salah Bin Hilal Bin Nasser Al Mawali : Director
Mr. Deepak Atal : Director
Mr. Faiz Ahmed Khan : Director 0.130
Mr. Nasser Bin Masoud Al Sheibani : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Mr. Majid Al Toky : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 150,526 363,018 620,712 181,820 57,518
Value of Trading (RO000) 31,491 96,925 183,872 36,654 11,375
No of trades executed 10,092 21,616 33,111 13,434 9,768
Other Information Yearly High price (RO) 0.260 0.310 0.415 0.232 0.249
Established : December 1979 Yearly low price (RO) 0.152 0.130 0.208 0.160 0.142
Auditors : Pricewaterhousecoopers Closing price (RO) 0.198 0.199 0.270 0.207 0.185
Legal Advisor : Said Al Shahry Law Office Price Earnings Ratio (Multiplier) 6.206 6.030 4.091 8.280 8.043
Market Capitalisation (RO000) 39,600 39,800 37,801 24,840 22,200

286 Diversified Commercial Services


Oman Investment & Finance Co Ltd S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Total Income 7,709 12,491 11,114 11,177 18,053 Cashflow from operating activities (4,234) 941 4,704 1,704 6,462
Operating expenses (5,303) (6,233) (3,961) (8,379) (14,984)
Cashflow from investing activities (550) 2,727 (6,918) (17,507) (3,922)
Other Gains/ (losses) 4,206 659 2,297 1,037 112
Income Tax (275) (193) (269) (349) (373) Cashflow from financing activities 1,075 (5,631) 10,388 9,244 (846)
Net profit for the year 6,381 6,724 9,181 3,486 2,808 Net change in cash & cash equivalents (3,709) (1,963) 8,174 (6,559) 1,694
Other comprehesnive income - (127) 1,787 (779) -
Total comprahensive income 6,381 6,597 10,968 2,707 2,808 Key Financial indicators
Financial Position Profitability
Statement of Financial Position Net Profit ratio % 46% 54% 83% 31% 16%
Assets Return on Equity % 19% 20% 32% 19% 15%
Non-current assets
Investments 45,181 41,039 39,166 23,292 7,115 Earning per share (RO) 0.032 0.033 0.046 0.029 0.023
Receivables 44,492 39,882 33,764 33,794 25,151 Cash dividend (RO000) 3,000 4,000 3,500 1,440 1,200
Cash & bank balances 1,657 4,564 6,500 1,521 4,404
Tangible assets 1,874 2,259 2,249 2,275 2,081 Cash dividend ratio % 15% 20% 25% 12% 10%
Other assets 1,572 1,373 1,145 1,074 2,019 Stock dividend (RO000) - - 600 2,000 -
Total assets 94,776 89,117 82,824 61,956 40,770 Stock dividend ratio % - - 4.285% 16.670% -
Liabilities
Non-current Liabilities Financial Position
Borrowings 29,488 21,622 24,648 15,516 -
Authorised Capital (RO000) 20,000 20,000 20,000 20,000 20,000
Other liabilities 31,209 34,118 29,716 27,753 22,395
Total liabilities 60,696 55,740 54,364 43,269 22,395 Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Equity Book value per share 0.170 0.167 0.203 0.133 0.153
Share capital 20,000 20,000 14,000 12,000 12,000 Equity Ratio % 36% 37% 34% 30% 45%
Retained earnings 7,412 6,630 8,308 3,206 2,429
Others 6,669 6,747 6,152 3,481 3,946 Debt Ratio % 11% 24% 30% 25% 0%
Net-worth 34,081 33,377 28,460 18,687 18,375

Net Profit / Total Dividend (RO 000)


Net Profit Total Dividend
10000
8000
6000
4000
2000
0
2011 2012 2013 2014 2015

Service 287
Renaissance Services S.A.O.G
Main Activities Shareholding Pattern - Latest Growth of Total Assets - Capitalization - Equity (RO '000)
Providing solutions in Offshore Support Vessels Fleet, Afloat Ship Repair, Fabrication and
Maintenance for the Oil & Gas and Energy Services Sector, Providing turnkey solutions 900000
for Contract Services, Facilities Management, Facilities Establishment and Operations & Assets Market Capitalisation Net-worth Equity
Maintenance Services. 800000
Omani
700000
No of staff GCC
Omani: 1600, Expatriates: 10295 - Total: 11895
600000
Arabs not GCC
Foreigners 500000
Key Staff
Stephen Thomas : CEO 400000

300000

Main Shareholders (Holding 5% and more shares) 200000


Tawoos LLC : 14.63% Omani GCC Arabs not GCC Foreigners Total
100000
Tawoos industrial services company : 7.13% Nos 3,963 189 10 14 4,176
Ministry of Defence Pension Fund : 5.74% Value 44,856,785 2,007,986 9,274 502,072 47,376,116 0
2011 2012 2013 2014 2015
Amani Financial Services SAOC : 5.31% % 95% 4% - 1% 100%
Sameer Jimmy Fancy : 5.04%
Share Closing Price Index - Monthly for 2 years

2014 2015
0.800
Board of Directors
0.625
Samir J Fancy : Chairperson
Ali Bin Hassan Sulaiman : Deputy Chairman 0.450
Sayyid Tarik bin Shabib bin Taimur : Director
0.275
Sunder George : Director
Yeshwant C Desai : Director 0.100
Colin Rutherford : Director Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Saleh bin Nasser Al Habsi : Director
Trading Information 2015 2014 2013 2012 2011
No of Shares Traded (000) 92,567 76,343 111,861 101,621 156,938
Value of Trading (RO000) 23,812 50,588 68,364 53,862 146,473
No of trades executed 7,190 6,848 10,406 14,661 34,530
Other Information Yearly High price (RO) 0.512 0.820 0.748 0.665 1.354
Established : 1996 Yearly low price (RO) 0.155 0.350 0.473 0.427 0.500
Auditors : Price Waterhouse Coopers Closing price (RO) 0.163 0.474 0.732 0.508 0.545
Legal Advisor : Al Alawi, Mansoor Jamal & Co Price Earnings Ratio (Multiplier) (1.578) 7.292 17.429 (101.600) (136.250)
Market Capitalisation (RO000) 47,376 133,713 206,493 143,302 153,739

288 Diversified Commercial Services


Renaissance Services S.A.O.G Fiscal Year - 31st December

2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
.............................................................. RO. 000s.............................................................. .............................................................. RO. 000s..............................................................
Financial Performance
Statement of Comprehensive Income
Statement of Cashflow
Revenue 237,011 252,058 239,263 221,123 244,374 Cashflow from operating activities 48,605 59,014 49,134 33,812 19,284
Cost of Sales (164,032) (163,481) (165,395) (154,570) (172,684)
Cashflow from investing activities (33,789) (114,298) (76,606) (36,730) (82,515)
Gross Profit 72,979 88,577 73,868 66,553 71,690
Other income - - - - - Cashflow from financing activities (14,735) 22,830 75,801 (865) 73,388
Total Income 72,979 88,577 73,868 66,553 71,690 Net change in cash & cash equivalents 81 (32,454) 48,329 (3,783) 10,157
Administrative expenses (86,459) (26,655) 25,606) (20,242) (27,464)
Other Gains/ (losses) (6,108) (28,542) (20,798) (36,075) (36,470) Key Financial indicators
Income Tax (10,439) (7,947) (8,684) (7,178) (5,465)
Net profit for the year (30,027) 25,433 18,780 3,058 2,291 Profitability
Other comprehesnive income (417) 142 482 370 (1,614) Net Profit ratio % (13%) 10% 8% 1% 1%
Total comprahensive income (30,444) 25,575 19,262 3,428 677
Return on Equity % (12%) 10% 9% 2% 1%
Earning per share (RO) (0.136) 0.065 0.042 (0.005) (0.004)
Financial Position
Statement of Financial Position Cash dividend (RO000) - 2,821 2,821 - -
Assets Cash dividend ratio % - 10% 10% - -
Non-current assets
Stock dividend (RO000) - - - - -
Tangible assets 571,156 591,519 502,826 456,386 454,838
Investments 322 322 322 322 1,919 Stock dividend ratio % - - - - -
Other assets 36,953 33,952 37,121 44,242 40,126
608,431 625,793 540,269 500,950 496,883
Financial Position
Current assets Authorised Capital (RO000) 40,000 40,000 40,000 40,000 40,000
Investments - 14 16 16 16
Par value per share (RO) 0.100 0.100 0.100 0.100 0.100
Receivables & prepayments 65,665 76,353 78,779 84,422 110,453
Inventories 4,103 4,306 4,044 6,880 8,991 Net assets / Book value per share (RO) 0.485 0.630 0.659 0.621 0.622
Cash & bank balances 41,576 46,146 86,092 27,853 37,354 Equity Ratio % 36% 32% 29% 30% 30%
Assets of disposal group 435 19,154 16,651 28,381 -
classified as held for sale Debt Ratio % 52% 57% 59% 56% 56%
111,779 145,973 185,582 147,552 156,814
Total assets 720,210 771,766 725,851 648,502 653,697 Current ratio 1 1 2 1 1
Liabilities Liquid ratio 1 1 2 1 1
Non-current Liabilities
Borrowings 346,994 373,511 390,528 297,211 286,886 Inventory turnover (days) 9 10 9 16 19
Other liabilities 24,755 17,440 10,765 15,402 17,025 Avg. collection period (days) 101 111 120 139 165
371,749 390,951 401,293 312,613 303,911
Current Liabilities Net Profit / Total Dividend (RO 000)
Borrowings 35,067 67,968 36,297 63,021 82,103 Net Profit Total Dividend
Payables & accruals 56,049 54,883 59,699 57,426 74,516 35000
Liabilities of disposal group 200 9,423 15,674 21,753 - 21000
classified a s held for sale
91,316 132,274 111,670 142,200 156,619 7000
Total liabilities 463,065 523,225 512,963 454,813 460,530 0
-7000
Equity
Share capital 29,065 28,209 28,209 28,209 28,209 -21000
Retained earnings 55,402 92,155 103,437 97,582 105,746 -35000
Others 172,678 128,177 81,242 67,898 59,212 2011 2012 2013 2014 2015
Net-worth 257,145 248,541 212,888 193,689 193,167

Service 289
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Telecommunications Co S.A.O.G (OMANTEL) TELECOMMUNICATION

2015 518,709 13,320 3% 3% 0.065 793,194 287,827 75,000 565,367 (3,764) 75,000 0.100 1.810 1.515 1.565 1,173,750 90,015 53,811 8,511
2014 481,600 115,551 24% 20% 0.163 834,174 264,102 75,000 570,072 (23,433) 86,250 0.100 1.785 1.410 1.695 1,271,250 285,203 181,370 31,694
2013 464,887 115,217 25% 21% 0.159 755,769 216,389 75,000 539,380 29,060 86,250 0.100 1.720 1.380 1.505 1,128,750 93,706 62,055 10,074
2012 461,976 113,047 25% 22% 0.155 729,437 216,154 75,000 513,283 16,196 86,250 0.100 1.480 1.275 1.471 1,103,250 62,297 45,758 9,017
2011 463,576 112,853 25% 22% 0.149 709,580 201,258 75,000 508,322 (1,130) 75,000 0.100 1.391 1.014 1.309 981,750 63,125 53,242 12,936

Omani Qatari Telecommunications Co S.A.O.G - ooredoo TELECOMMUNICATION

2015 248,286 41,633 17% 19% 0.064 410,044 194,671 65,094 215,373 1,120 26,038 0.100 0.812 0.604 0.708 460,869 52,928 71,508 6,117
2014 227,106 37,886 17% 19% 0.058 386,100 187,573 65,094 198,527 11,976 24,736 0.100 0.748 0.530 0.628 408,790 70,150 110,439 7,212
2013 202,129 33,137 16% 18% 0.051 339,866 151,319 65,094 188,547 (9,420) 24,736 0.100 0.604 0.455 0.600 390,564 52,604 100,988 8,355
2012 193,865 36,976 19% 21% 0.057 309,041 128,992 65,094 180,049 (19,724) 24,736 0.100 0.655 0.429 0.461 300,083 42,135 77,808 9,723
2011 197,202 47,512 24% 28% 0.073 299,397 131,878 65,094 167,519 (4,881) 24,736 0.100 0.835 0.604 0.650 423,111 85,379 118,492 24,362

Al Batnah Hotels Co S.A.O.G (Sohar Beach Hotel) TOURISM & HOSPITALITY

2015 54 76 2% 1% 0.007 4,863 897 3,622 3,965 (95) - 1.000 1.125 1.100 1.125 4,075 - - 1
2014 74 97 9% 2% 0.027 5,014 894 3,622 4,120 113 181 1.000 1.205 1.125 1.125 4,075 518 430 3
2013 209 188 15% 5% 0.068 5,015 991 3,385 4,024 (27) 237 1.000 1.205 1.205 1.205 4,079 - - -
2012 142 129 11% 5% 0.056 3,660 901 2,310 2,759 14 110 1.000 1.363 1.298 1.298 2,998 4 3 3
2011 72 47 4% 2% 0.021 3,321 691 2,200 2,629 (23) - 1.000 1.499 1.363 1.363 2,999 4 3 3

Al Buraimi Hotels S.A.O.G TOURISM & HOSPITALITY

2015 493 81 12% 3% 0.023 3,755 1,051 3,573 2,703 - - 0.757 0.880 0.880 0.880 3,144 - - -
2014 278 (205) (52%) (8%) (0.058) 3,864 1,242 3,573 2,622 1 - 1.000 0.880 0.880 0.880 3,144 - - -
2013 413 (107) (20%) (4%) (0.030) 3,960 1,133 3,573 2,827 (7) - 1.000 0.880 0.880 0.880 3,144 - - -
2012 496 36 8% 1% 0.010 4,079 1,145 3,573 2,934 8 - 1.000 0.880 0.880 0.880 3,144 - - -
2011 392 (202) (45%) (7%) (0.056) 4,172 1,255 3,573 2,917 (10) - 1.000 0.880 0.880 0.880 3,144 - - -

290
Service
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Dhofar Tourism Co S.A.O.G TOURISM & HOSPITALITY

2015 (114) 2,798 145% 6% (0.042) 54,137 7,370 27,950 46,767 360 - 1.673 0.490 0.490 0.490 13,696 - - -
2014 (113) (1,691) (89%) (4%) (0.060) 51,718 7,749 27,950 43,969 (124) - 1.000 1.000 0.490 0.490 13,696 - - 3
2013 (209) (1,587) (88%) (3%) (0.116) 54,139 8,479 13,700 45,660 28 - 1.000 1.030 1.000 1.000 13,700 - - 1
2012 (643) (2,388) (170%) (5%) (0.211) 54,926 8,994 13,700 45,932 197 - 1.000 1.000 1.000 1.000 13,700 - - 1
2011 (468) (2,506) (222%) (9%) (0.313) 49,065 20,694 8,000 28,371 (1,067) - 1.000 1.100 0.990 1.000 8,000 26 26 15

Gulf Hotels (Oman) Co Ltd S.A.O.G TOURISM & HOSPITALITY

2015 2,922 2,214 24% 8% 0.646 33,983 5,079 3,428 38,904 (90) 2,228 1.000 10.500 9.700 10.495 35,980 82 8 12
2014 3,390 2,608 28% 9% 0.761 34,324 5,299 3,428 29,025 21 2,400 1.000 11.500 10.500 10.500 35,994 2,308 206 3
2013 3,131 2,438 28% 8% 0.711 34,072 5,255 3,428 28,817 (267) 2,571 1.000 12.650 11.000 11.500 39,422 1,337 116 8
2012 3,161 2,429 29% 9% 0.709 32,938 5,039 3,428 27,899 181 2,400 1.000 11.000 9.900 11.000 37,708 19 2 6
2011 3,337 2,608 32% 9% 0.761 33,044 4,832 3,428 28,212 800 2,742 1.000 11.000 11.000 11.000 37,708 - - -

Hotels Management Company International S.A.O.G TOURISM & HOSPITALITY

2015 3,809 2,166 19% 15% 0.722 17,367 3,001 3,000 14,366 998 2,700 1.000 1.250 1.250 1.250 3,750 - - -
2014 3,833 2,642 22% 19% 0.881 17,448 3,297 3,000 14,151 1,470 1,950 1.000 1.250 1.250 1.250 3,750 - - -
2013 4,067 2,941 25% 22% 0.981 16,694 3,235 3,000 13,459 (340) 1,950 1.000 1.250 1.250 1.250 3,750 - - -
2012 3,804 2,509 23% 21% 0.836 16,867 4,850 3,000 12,017 652 1,500 1.000 1.250 1.250 1.250 3,750 - - -
2011 3,046 2,071 23% 21% 0.690 15,466 5,508 3,000 9,958 (555) 450 1.000 1.250 1.250 1.250 3,750 375 300 1

Oman Hotels & Tourism Co S.A.O.G TOURISM & HOSPITALITY

2015 2,771 2,316 55% 7% 0.042 42,894 9,380 5,500 33,515 (832) 1,100 0.100 0.420 0.228 0.240 13,200 2,536 6,201 22
2014 4,744 2,474 33% 8% 0.045 37,466 6,604 5,500 30,862 694 - 0.100 3.650 0.220 0.228 12,540 9,213 2,586 17
2013 4,641 2,318 32% 8% 0.421 34,416 5,202 5,500 29,214 252 825 1.000 2.205 2.200 2.200 12,100 7 3 2
2012 4,189 2,083 30% 8% 0.379 33,729 6,008 5,500 27,721 108 825 1.000 3.100 1.985 2.205 12,128 88 32 13
2011 3,595 1,194 20% 5% 0.217 33,714 7,527 5,500 26,187 (120) 550 1.000 3.250 3.100 3.100 17,050 20 7 1

291
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Sahara Hospitality Co S.A.O.G TOURISM & HOSPITALITY

2015 3,627 2,534 21% 15% 0.434 26,003 9,123 5,833 16,880 275 875 1.000 2.500 2.450 2.500 14,583 3 1 1
2014 3,604 2,000 17% 13% 0.343 26,741 11,520 5,833 15,221 (202) 875 1.000 2.450 2.450 2.450 14,292 2 1 1
2013 3,518 1,855 16% 13% 0.318 27,589 13,492 5,833 14,097 (47) 875 1.000 2.450 2.350 2.450 14,292 - - -
2012 3,237 2,001 17% 15% 0.343 28,853 15,736 5,833 13,117 735 875 1.000 2.450 2.350 2.450 14,291 858 350 3
2011 2,678 1,732 23% 15% 0.297 24,119 12,186 5,833 11,933 (1,099) 817 1.000 2.350 2.350 2.350 13,708 - - -

Salalah Beach Resort S.A.O.G TOURISM & HOSPITALITY

2015 1,804 791 21% 8% 0.127 11,039 1,080 6,250 9,959 143 688 1.000 1.380 1.380 1.380 8,625 - - -
2014 1,772 793 21% 8% 0.127 10,844 1,102 6,250 9,742 (32) 750 1.000 1.380 1.380 1.380 8,625 - - 4
2013 1,888 908 24% 9% 0.145 11,062 1,175 6,250 9,887 168 938 1.000 1.380 1.350 1.380 8,625 62 45 13
2012 1,747 775 21% 9% 0.124 9,999 1,020 6,250 8,979 209 - 1.000 1.430 1.300 1.350 8,438 5 3 6
2011 1,632 640 19% 8% 0.102 9,114 910 6,250 8,204 (34) - 1.000 1.430 1.430 1.430 8,938 56 39 14

Ubar Hotel & Resorts (Interior Hotels Co S.A.O.G ) TOURISM & HOSPITALITY

2015 1,344 895 16% 11% 0.018 14,686 6,317 5,002 8,368 (818) 400 0.100 0.129 0.129 0.129 6,452 - - -
2014 1,784 1,190 19% 14% 0.024 15,706 7,382 5,002 8,324 342 850 0.100 0.129 0.129 0.129 6,452 - - -
2013 1,900 1,366 22% 17% 0.027 16,183 8,299 5,002 7,884 (93) 750 0.100 0.129 0.129 0.129 6,452 - - -
2012 845 627 17% 9% 0.020 16,091 9,073 5,002 7,018 128 500 0.100 0.129 0.129 0.129 6,453 - - -
2011 704 631 29% 17% 0.032 4,299 569 2,001 3,730 597 1,441 0.100 0.375 0.169 0.170 3,402 132 778 1

Port Services Corporation S.A.O.G LOGISTICS

2015 3,445 1,195 40% 4% 0.013 41,319 9,604 9,504 31,715 (268) 1,901 0.100 0.360 0.122 0.134 12,735 943 4,854 876
2014 14,593 3,028 22% 8% 0.032 47,609 9,865 9,504 37,744 (3,859) 2,851 0.100 0.598 0.278 0.354 33,644 11,058 21,032 2,815
2013 22,662 6,294 28% 16% 0.066 54,199 13,773 9,504 40,426 161 5,702 0.100 0.586 0.475 0.576 54,743 17,551 32,651 2,810
2012 21,945 5,659 26% 16% 0.060 47,759 12,396 9,504 35,363 1,031 5,227 0.100 0.565 0.368 0.518 49,231 8,417 17,617 2,967
2011 19,326 4,346 23% 13% 0.046 44,317 11,008 9,504 33,309 (1,964) 4,752 0.100 0.611 0.375 0.428 40,677 7,810 14,672 3,260

292
Service
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Salalah Port Services Co S.A.O.G LOGISTICS

2015 20,931 5,182 10% 10% 0.029 109,033 58,353 17,984 51,680 (10,247) 2,698 0.100 0.660 0.632 0.648 116,535 27 41 19
2014 23,247 5,262 10% 11% 0.029 118,629 70,122 17,984 48,507 4,112 2,698 0.100 0.696 0.588 0.648 116,535 164 253 48
2013 28,011 5,663 10% 12% 0.031 120,721 73,828 17,984 46,893 (2,580) 4,496 0.100 0.600 0.490 0.600 107,902 97 182 69
2012 27,417 7,083 12% 16% 0.039 122,598 78,241 17,984 44,357 7,171 4,496 0.100 0.500 0.423 0.500 89,920 21 43 56
2011 22,547 2,361 5% 6% 0.013 119,564 79,839 17,984 39,725 3,157 2,698 0.100 0.529 0.440 0.479 86,143 20 42 39

Al Maha Petroleum Products Marketing Co S.A.O.G OIL & GAS MARKETING

2015 29,996 9,200 3% 18% 0.133 101,891 51,705 6,900 50,186 (9,866) 6,900 0.100 2.300 1.800 1.810 124,890 5,575 2,666 420
2014 30,057 10,707 3% 22% 0.155 103,648 55,073 6,900 48,575 (5,782) 7,590 0.100 25.100 2.200 2.205 152,145 12,429 4,061 605
2013 28,074 10,385 3% 23% 1.505 77,028 32,259 6,900 44,769 7,629 6,900 1.000 22.500 18.400 22.190 153,111 9,991 482 540
2012 27,788 10,029 3% 25% 1.454 72,258 31,664 6,900 40,594 1,529 6,210 1.000 18.500 12.980 18.464 127,402 12,526 777 772
2011 25,326 8,559 3% 23% 1.240 64,907 28,478 6,900 36,429 2,516 5,865 1.000 13.500 10.050 13.500 93,150 6,082 522 828

Muscat Gases Co S.A.O.G OIL & GAS MARKETING

2015 2,035 1,312 14% 15% 0.044 10,372 1,886 3,000 8,486 543 1,050 0.100 0.828 0.800 0.828 24,840 214 265 4
2014 2,103 1,364 14% 19% 0.045 9,380 2,117 3,000 7,263 220 1,200 0.100 0.872 0.800 0.828 24,840 225 266 59
2013 2,145 1,444 15% 20% 0.048 8,925 1,825 3,000 7,100 (243) 1,200 0.100 0.872 0.840 0.872 26,160 261 305 56
2012 2,076 1,394 13% 19% 0.046 9,288 1,795 3,000 7,493 212 1,800 0.100 0.860 0.720 0.859 25,770 9,044 10,936 156
2011 2,000 1,377 18% 17% 0.046 9,285 1,412 3,000 7,873 (1,590) 1,800 0.100 0.900 0.710 0.741 22,230 527 672 204

National Gas Co S.A.O.G OIL & GAS MARKETING

2015 9,858 1,837 3% 9% 0.037 45,780 26,085 5,000 19,695 (1,904) 625 0.100 0.600 0.300 0.302 15,100 3,529 8,465 2,029
2014 9,171 1,798 2% 11% 0.041 56,326 35,140 4,556 16,051 3,302 1,013 0.100 1.650 0.482 0.550 25,058 17,642 17,758 6,066
2013 8,708 1,906 2% 12% 0.056 67,587 51,858 3,000 15,729 789 600 0.100 1.015 0.406 0.980 29,400 4,519 6,307 913
2012 3,301 140 0% 1% 0.017 66,355 53,421 2,500 12,934 505 - 0.100 0.600 0.520 0.545 13,625 916 1,665 215
2011 2,418 1,294 7% 15% 0.043 11,805 3,036 2,500 8,769 (21) 1,000 0.100 0.550 0.440 0.528 13,200 1,016 1,479 481

293
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Oman Oil Marketing Co S.A.O.G OIL & GAS MARKETING

2015 38,324 12,124 3% 20% 0.189 106,282 46,427 6,450 59,855 1,944 3,870 0.100 2.240 1.950 2.000 122,550 741 338 72
2014 34,422 11,212 3% 22% 0.174 97,067 45,556 6,450 51,511 (415) 3,870 0.100 2.300 2.155 2.240 144,480 9,833 4,346 216
2013 30,041 10,172 3% 23% 0.158 86,252 41,438 6,450 44,813 8,184 4,515 0.100 2.220 1.990 2.155 138,998 3,982 1,923 329
2012 27,762 9,024 3% 23% 0.140 75,365 36,208 6,450 39,157 (11,663) 4,515 0.100 2.150 1.600 2.142 138,159 4,227 2,477 464
2011 25,517 8,099 3% 24% 0.126 77,170 43,038 6,450 34,132 4,245 3,999 0.100 1.715 1.200 1.710 110,295 5,336 3,736 521

Shell Oman Marketing Co S.A.O.G OIL & GAS MARKETING

2015 43,605 14,175 4% 36% 0.142 82,890 44,020 10,000 38,870 1,230 10,600 0.100 2.100 1.900 2.000 190,000 3,404 1,695 228
2014 40,803 12,278 3% 36% 0.092 78,807 44,912 10,000 33,895 1,244 9,200 0.100 2.360 1.980 2.000 190,000 5,544 2,597 386
2013 45,321 12,095 3% 38% 0.121 87,220 55,103 10,000 32,117 (332) 10,500 0.100 2.400 2.025 2.350 235,000 7,841 3,437 631
2012 42,660 12,289 3% 40% 0.123 84,475 53,953 10,000 30,522 (461) 10,500 0.100 2.600 2.250 2.393 239,300 8,868 3,728 756
2011 35,981 12,602 4% 42% 0.126 67,231 37,298 10,000 29,933 (3,310) 11,700 0.100 2.600 2.180 2.393 239,300 8,307 3,528 929

Dhofar University EDUCATION & TRAINING

2015 11,837 2,021 17% 11% 0.144 49,864 31,159 14,000 18,705 1,005 - 1.000 1.612 1.445 1.485 20,790 1,585 1,012 60
2014 11,238 2,856 27% 17% 0.204 48,248 31,565 14,000 16,683 2,755 - 1.000 1.465 1.250 1.465 20,510 118 85 65
2013 8,941 2,044 25% 15% 0.141 48,117 34,289 14,000 13,828 1,154 - 1.000 1.500 0.850 1.350 18,900 546 459 135
2012 7,024 800 13% 7% 0.057 48,443 36,589 14,000 11,854 (745) - 1.000 1.130 1.124 1.130 15,820 4 3 4
2011 5,144 (526) (12%) (5%) (0.038) 47,209 36,155 14,000 11,054 (8,104) - 1.000 1.210 1.190 1.199 16,786 24 20 11

Majan College S.A.O.G (University College) EDUCATION & TRAINING

2015 6,250 2,089 35% 25% 0.070 11,327 3,107 3,000 8,220 1,338 - 0.100 0.550 0.490 0.520 15,600 38 75 31
2014 5,544 1,586 30% 23% 0.053 8,794 1,764 3,000 7,030 591 900 0.100 0.510 0.440 0.500 15,000 156 337 64
2013 5,015 1,348 29% 21% 0.045 7,853 1,508 3,000 6,345 593 900 0.100 0.450 0.299 0.450 13,500 131 342 124
2012 3,960 980 27% 17% 0.033 7,112 1,215 3,000 5,897 337 900 0.100 0.315 0.255 0.310 9,300 234 817 267
2011 3,407 877 28% 15% 0.029 6,712 894 3,000 5,818 100 900 0.100 0.310 0.262 0.266 7,980 451 1,571 555

294
Service
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

National Hospitality Institute S.A.O.G EDUCATION & TRAINING

2015 230 (62) (8%) (13%) (0.125) 664 201 500 464 (171) - 0.500 2.050 2.050 2.050 2,050 - - -
2014 306 41 4% 8% 0.083 716 190 500 526 174 - 0.500 2.050 2.050 2.050 2,050 41 20 1
2013 250 28 4% 6% 0.056 646 154 500 492 (41) - 0.500 2.050 2.050 2.050 2,050 - - -
2012 210 (57) (7%) (12%) (0.114) 605 141 500 464 28 - 0.500 2.050 2.050 2.050 2,050 - - -
2011 179 (58) (9%) (11%) (0.056) 660 142 500 519 (113) - 0.500 2.050 2.050 2.050 2,050 - - -

Oman Education & Training Investment Holding S.A.O.G (Sohar University) EDUCATION & TRAINING

2015 13,485 1,299 11% 8% 0.016 43,481 27,373 7,000 16,109 1,426 - 0.100 0.192 0.135 0.161 11,270 44 287 95
2014 14,386 944 7% 6% 0.013 41,689 26,417 7,000 15,272 (247) 490 0.100 0.177 0.128 0.137 9,590 145 953 136
2013 12,350 786 7% 6% 0.011 38,437 24,331 7,000 14,106 (656) 350 0.100 0.352 0.157 0.168 11,760 307 1,609 328
2012 11,239 (179) (2%) (1%) (0.003) 37,457 24,137 7,000 13,320 1,020 - 0.100 0.352 0.352 0.352 24,640 - - -
2011 9,721 285 3% 2% 0.004 28,651 16,715 7,000 11,936 (102) 210 0.100 0.544 0.265 0.352 24,640 27 81 23

ACWA Power Barka S.A.O.G ENERGY

2015 18,163 10,703 16% 20% 0.066 182,377 129,746 16,000 52,632 (1,529) 4,320 0.100 0.844 0.732 0.732 117,120 5,061 6,062 193
2014 18,875 11,433 25% 25% 0.071 147,486 101,238 16,000 46,248 759 8,000 0.100 0.852 0.656 0.812 129,920 6,646 8,955 762
2013 16,905 10,057 24% 24% 0.063 148,810 106,140 16,000 42,670 2,316 6,400 0.100 0.700 0.400 0.640 102,400 9,723 16,853 1,419
2012 15,787 7,262 17% 19% 0.045 135,400 96,537 16,000 38,863 1,342 4,000 0.100 1.700 0.345 0.427 68,320 5,428 12,476 777
2011 18,025 9,359 22% 29% 0.292 134,582 102,849 16,000 31,733 (3,131) 4,000 0.500 1.560 1.183 1.486 237,760 3,409 2,504 651

Al Batinah Power Co S.A.O.G ENERGY

2015 21,856 7,084 10% 11% 0.011 284,291 218,133 65,189 66,157 (191) 5,959 0.100 0.230 0.169 0.191 128,903 8,206 41,195 2,327
2014 22,019 5,008 10% 8% 0.007 293,177 226,416 67,489 66,761 (1,266) 5,799 0.100 0.187 0.155 0.171 115,406 39,329 234,517 20,338
2013 22,473 9,250 21% 12% 0 018 301,004 226,308 67,489 74,696 375 3,653 0.100 - - - - - - -
2012 - - - - - - - - - - - - - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

295
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Al Kamil Power Co S.A.O.G ENERGY

2015 4,660 3,336 20% 13% 0.035 37,395 11,366 9,625 26,029 424 674 0.100 0.314 0.308 0.312 30,030 123 394 58
2014 4,836 1,939 11% 9% 0.020 38,313 15,851 9,625 22,462 (1,121) 963 0.100 3.250 0.300 0.308 29,645 460 225 54
2013 4,858 3,129 15% 15% 0.325 41,005 19,875 9,625 21,130 (390) 1,733 1.000 2.850 1.930 2.800 26,950 98 38 59
2012 5,038 2,884 14% 15% 0.300 42,652 23,446 9,625 19,206 13 1,155 1.000 1.980 1.730 1.980 19,058 261 145 23
2011 4,849 2,485 13% 15% 0.258 43,951 27,181 9,625 16,770 (479) 1,348 1.000 1.750 1.620 1.720 16,555 1,514 877 36

Al Suwadi Power Co S.A.O.G ENERGY

2015 23,231 7,246 11% 10% 0.010 305,457 232,457 71,441 72,999 (155) 5,930 0.100 0.230 0.168 0.191 136,452 8,650 43,402 2,358
2014 23,271 4,818 9% 7% 0.007 314,799 241,385 71,441 73,414 (1,303) 5,429 0.100 0.189 0.155 0.171 122,164 44,350 263,046 20,851
2013 31,032 16,976 39% 21% 0 032 323,012 241,035 71,441 81,977 958 4,230 0 100 - - - - - - -
2012 - - - - - - - - - - - - - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

Oman National Engineering & Investment Co S.A.O.G ENERGY

2015 38,771 1,907 5% 9% 0.021 76,612 54,850 9,000 21,762 (1,010) 810 0.100 0.324 0.230 0.230 20,700 253 970 58
2014 42,467 1,964 5% 9% 0.025 72,229 50,491 8,000 21,738 (25) - 0.100 0.358 0.291 0.308 24,640 373 1,151 161
2013 38,598 1,887 5% 9% 0.024 64,248 43,247 8,000 21,001 1,890 1,200 0.100 0.429 0.300 0.342 27,360 313 873 217
2012 35,388 2,237 6% 11% 0.028 59,953 40,074 7,000 19,879 4,593 2,120 0.100 0.510 0.360 0.375 26,250 473 1,119 215
2011 33,658 2,149 6% 11% 0.031 51,534 32,753 6,000 18,781 (103) 1,840 0.100 0.555 0.401 0.460 27,600 435 888 234

Sembcorp Salalah Power & Water Company S.A.O.G ENERGY

2015 33,917 13,644 19% 17% 0.014 359,091 277,930 95,457 81,161 (170) 13,173 1.000 2.740 2.100 2.450 233,870 20,923 8,294 1,115
2014 35,268 12,813 20% 21% 0.130 371,537 293,261 95,457 78,276 (6,938) 12,791 1.000 2.545 1.825 2.225 212,392 36,291 17,465 5,055
2013 39,822 11,136 18% 13% 0.120 388,074 303,119 94,957 84,955 (3,334) 8,641 1.000 2.000 1.885 1.905 180,893 45,306 23,148 11,454
2012 24,691 903 2% (2%) 0.010 407,363 445,963 500 (38,600) 34,732 - 1.000 - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

296
Service
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

CAPITALIZATION
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
MARKET

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (RO000)

Sharqiyah Desalination Company S.A.O.G ENERGY

2015 4,781 1,517 15% 14% 0.155 83,017 71,927 9,780 11,091 (2,371) - 1.000 4.850 3.100 4.850 47,434 7,360 1,820 501
2014 5,466 2,457 25% 16% 0.251 62,055 51,930 9,780 10,125 672 3,847 1.000 5.700 3.100 3.400 33,253 5,858 1,234 625
2013 5,531 2,352 25% 25% 0.361 63,310 53,797 6,520 9,513 1,241 1,000 1.000 5.300 3.127 4.985 32,503 14,890 4,098 6,206
2012 6,249 2,765 29% 79% 0.424 65,241 61,733 6,520 3,508 1,007 - 1.000 - - 1.063 6,931 - - -
2011 - - - - - - - - - - - - - - - - - - -

SMN Power Holding S.A.O.G ENERGY

2015 21,265 9,020 8% 52% 0.045 248,756 231,572 19,964 17,184 (2,149) 8,185 0.100 0.764 0.652 0.740 147,730 9,305 12,619 163
2014 21,809 8,618 11% 27% 0.043 257,368 243,006 19,964 14,362 (775) 8,385 0.100 5.600 0.530 0.660 131,759 8,909 10,666 330
2013 21,915 7,844 11% 25% 0.393 268,860 256,595 19,964 12,265 834 8,465 1.000 5.760 4.449 5.450 108,801 7,357 1,451 331
2012 21,651 6,562 8% 20% 0.330 281,800 281,788 19,964 12 (17,448) 9,183 1.000 4.500 3.600 4.500 89,838 14,127 3,748 378
2011 21,004 3,836 5% 11% 0.190 341,482 338,077 19,964 3,405 (8,756) 6,728 1.000 3.820 3.410 3.663 73,128 4,936 1,343 621

Sohar Power Co S.A.O.G ENERGY

2015 12,623 3,756 6% 26% 0.017 160,431 146,147 22,101 14,284 (534) 2,725 0.100 0.390 0.330 0.352 77,796 6,337 17,827 593
2014 13,751 4,414 9% 38% 0.020 164,384 152,722 22,101 11,662 (544) 2,077 0.100 3.760 0.324 0.376 83,100 4,219 2,719 1,088
2013 15,040 5,137 11% 45% 0.222 171,823 160,364 22,101 11,459 (4,571) 4,641 1.000 2.750 1.600 2.750 60,778 18,778 6,136 1,588
2012 13,382 2,940 6% 46% 0.106 182,790 176,448 27,800 6,342 1,102 2,779 1.000 1.655 1.310 1.626 45,203 1,398 2,173 1,216
2011 13,433 2,519 6% 92% 0.091 187,423 184,694 27,800 2,729 (1,439) 2,224 1.000 1.750 1.440 1.685 46,843 2,751 4,398 1,617

United Power Co S.A.O.G ENERGY

2015 10,928 1,071 10% 28% 0.286 9,988 6,157 2,000 3,831 31 1,000 1.000 3.470 1.400 2.740 2,192 466 234 206
2014 5,686 1,020 11% 12% 0.150 15,892 7,548 5,000 8,344 632 1,584 1.000 1.950 1.160 1.325 6,625 629 410 214
2013 6,075 762 7% 7% 0.089 18,514 7,755 6,974 10,759 1,721 1,460 1.000 1.441 1.060 1.400 9,763 372 283 253
2012 5,986 584 5% 4% 0.049 23,912 10,340 8,717 13,572 (1,576) 1,832 1.000 1.300 0.905 1.050 9,153 714 670 232
2011 7,618 1,872 15% 10% 0.122 29,090 9,591 12,204 19,499 (3,978) 2,151 1.000 1.300 0.945 1.002 12,228 874 812 331

297
Performance Highlights
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

MARKET CAPITAL-
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
IZATION

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Phoenix Power S.A.O.G ENERGY

2015 60,283 28,772 28% 21% 0.020 636,247 499,044 146,260 137,203 5,836 15,649 0.100 0.160 0.141 0.144 210,615 74,542 495,841 44,687
2014 - - - - - - - - - - - - - - - - - - -
2013 - - - - - - - - - - - - - - - - - - -
2012 - - - - - - - - - - - - - - - - - - -
2011 - - - - - - - - - - - - - - - - - - -

Al Jazeira Services Co S.A.O.G DIVERSIFIED COMMERCIAL SERVICES

2015 2,942 3,829 34% 16% 0.034 28,387 3,842 11,172 24,546 381 2,793 0.100 0.426 0.288 0.312 19,096 7,829 21,072 2
2014 3,132 4,883 48% 21% 0.044 28,171 5,076 11,172 23,095 (46) 2,234 0.100 0.616 0.252 0.300 33,515 13,395 28,664 2,589
2013 3,492 4,750 42% 22% 0.043 27,389 5,581 11,172 21,808 (189) 3,352 0.100 0.596 0.378 0.570 63,679 29,604 63,390 6,314
2012 3,478 4,890 39% 22% 0.044 29,299 6,630 11,172 22,669 (1,226) 5,586 0.100 0.390 0.179 0.386 43,124 22,680 77,348 9,565
2011 3,612 1,413 13% 8% 0.013 26,220 7,659 11,172 18,560 (3,221) 782 0.100 0.227 0.138 0.177 19,774 11,145 59,930 9,021

Oman International Marketing Co S.A.O.G DIVERSIFIED COMMERCIAL SERVICES

2015 (45) (45) (1,033%) (39%) (0.090) 124 10 500 115 (4) - 1.000 0.518 0.518 0.518 259 - - -
2014 36 30 83% 19% 0.058 168 9 500 159 35 - 1.000 0.518 0.518 0.518 259 - - -
2013 5 (65) (1,300%) (50%) (0.131) 155 25 500 130 - - 1.000 0.518 0.518 0.518 259 16 32 1
2012 8 (131) (1,638%) (69%) (0.261) 320 130 500 190 1 - 1.000 0.550 0.518 0.518 259 16 32 1
2011 - - 0% 0% 0.000 - - - - - - - 0.550 0.550 0.550 - - - -

Oman Investment & Finance Co S.A.O.G DIVERSIFIED COMMERCIAL SERVICES

2015 7,752 6,381 46% 19% 0.032 94,776 60,696 20,000 34,081 (3,709) 3,000 0.100 0.260 0.152 0.198 39,600 31,491 150,526 10,092
2014 12,491 6,724 54% 20% 0.033 89,117 55,740 20,000 33,377 (1,963) 5,000 0.100 0.310 0.130 0.199 39,800 96,925 363,018 21,616
2013 11,114 9,181 83% 32% 0.066 82,824 54,364 14,000 28,460 8,174 2,280 0.100 0.415 0.208 0.270 37,801 183,872 620,712 33,111
2012 11,177 3,486 31% 19% 0.025 61,956 43,269 12,000 18,687 (6,559) 3,200 0.100 0.232 0.160 0.207 24,840 36,654 181,820 13,434
2011 18,053 2,808 16% 15% 0.023 40,770 22,395 12,000 18,375 1,694 2,400 0.100 0.249 0.142 0.185 22,200 11,375 57,518 9,768

298
Service
COMPREHENSIVE INCOME FINANCIAL POSITION SHARE TRADING

MARKET CAPITAL-
EQUITY RETURN

SHARE CAPITAL
TOTAL INCOME

CLOSING PRICE
NET WORTH

CASH FLOW
NET PROFIT

HIGH PRICE

LOW PRICE
PAR VALUE
LIABLITIES

DIVIDEND

VOLUME
IZATION

TRADES
ASSETS
PROFIT

VALUE
YEAR

EPS
(RO000) (RO000) % % RO (RO000) (RO000) (RO000) (RO000) (RO000) (RO000) RO RO RO RO (RO000) (RO000) (000)

Renaissance Services S.A.O.G DIVERSIFIED COMMERCIAL SERVICES

2015 72,979 (30,027) (13%) (12%) (0.136) 720,210 463,065 29,065 257,145 81 - 0.100 0.512 0.155 0.163 47,376 23,812 92,567 7,190
2014 88,577 25,433 10% 10% 0.065 771,766 523,225 28,209 248,541 (32,454) 2,821 0.100 0.820 0.350 0.474 133,713 50,588 76,343 6,848
2013 73,868 18,780 8% 9% 0.042 725,851 512,963 28,209 212,888 48,329 2,821 0.100 0.748 0.473 0.732 206,493 68,364 111,861 10,406
2012 66,553 3,058 1% 2% (0.005) 648,502 454,813 28,209 193,689 (3,783) - 0.100 0.665 0.427 0.508 143,302 53,862 101,621 14,661
2011 71,690 2,291 1% 1% (0.004) 653,697 460,530 28,209 193,167 10,157 - 0.100 1.354 0.500 0.545 153,739 146,473 156,938 34,530

299
Performance Highlights

300
Service

301
Performance Highlights

302

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