MANAZEL REAL ESTATE ANNUAL REPORT 2016
MANAZEL REAL ESTATE ANNUAL REPORT 2016
MANAZEL REAL ESTATE ANNUAL REPORT 2016
The Late H.H Sheikh Zayed Bin Sultan Al Nahyan
May God Rest His Soul
H.H Sheikh Khalifa Bin Zayed Al Nahyan
President of the UAE and Supreme Commander of the UAE Armed Forces
H.H Sheikh Mohamed Bin Rashid Al Maktoum
Vice President of the UAE and Prime Minister of the UAE, Ruler of Dubai
H.H Sheikh Mohamed Bin Zayed Al Nahyan
Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces
Address
Prestige Towers, Mohammed bin Zayed City, Next to The Outlet Capital Mall P.O. Box: 33322 Abu Dhabi, United Arab Emirates
Table of Contents
8 10 12 14 16 18 2o 24 39 42 46 50 52 54 56 61 62 63 64 65 66
Key Highlights Chairman's Statement Board of Directors About Manazel Real Estate Corporate Governance Statement Vision, Mission and Objectives Organizational Structure Business Overview ? Residential Business Overview ? Commercial Business Overview ? Retail Business Overview - Subsidiaries Shari'a Board Report Zakat On Manazel Real Estate Company Shares Board of Directors' Report Independent Auditors' Report Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Consolidated Financial Statement
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