Consolidated statement of changes in scheme members’ funds for the year ended
  31 December 2005
(Expressed in Bahrain Dinars)

 

Scheme members’ funds
Investments fair value reserve
Retained earnings
Revaluation reserve

Total

At 1 January 2004

797,181,741

27,351,258

70,071,007

11,584,313

906,188,319

Unrealised fair value gains on

          

available-for-sale

          
investments (Note 9)

-

56,301,249

-

-

56,301,249
Realised fair value gains on          
sale of quoted managed
          
funds (Note 9)
 - (2,368,758) - - (2,368,758)

Revaluation surplus on

          
property, plant and
          
equipment (Note 14)

-

-

-

563,822

563,822

Net income for the year

 63,638,761 - - - 63,638,761

At 31 December 2004

 860,820,502 81,283,749 70,071,007 12,148,135 1,024,323,393

At 1 January 2005

860,820,502

81,283,749

70,071,007

12,148,135

1,024,323,393

Unrealised fair value gains on

          
available-for-sale
          
investments (Note 9)

-

24,867,450

-

-

24,867,450

Realised fair value gains on

          
sale of quoted managed
          
funds (Note 9)

-

(2,330,930)

-

-

(2,330,930)
Net income for the year 68,170,922 - - - 68,170,922

At 31 December 2005

 928,991,424 103,820,269 70,071,007 12,148,135 1,115,030,835

The accounting policies on pages 6 to 9 and the notes on pages 10 to 22 form an integral part of these consolidated financial statements.