SUB CONTRACTOR PAYMENT DETAILS

1. Falaknaz (Internal Works) - Contract value AED 6,000,000.00

Mobilisation Advance - 10% AED 600,000.00 paid on 30/06/07

Invoice payment details
Deduction
Date Gross Bill
Net Amount Paid Ret 10% Adv 10%
11/30/2007 118,080.00 14,760.00 14,760.00 147,600.00
1/10/2008 109,000.00 13,625.00 13,625.00 136,250.00
2/14/2008 510,440.00 63,805.00 63,805.00 638,050.00
3/19/2008 647,800.00 80,975.00 80,975.00 809,750.00
5/5/2008 60,312.00 7,539.00 7,539.00 75,390.00
8/23/2008 80,000.00 10,000.00 10,000.00 100,000.00
9/26/2008 90,000.00 11,250.00 11,250.00 112,500.00
10/22/2008 100,000.00 12,500.00 12,500.00 125,000.00
11/27/2008 330,000.00 41,250.00 41,250.00 412,500.00
2/5/2009 260,000.00 32,500.00 32,500.00 325,000.00
3/3/2009 200,000.00 25,000.00 25,000.00 250,000.00
Cheque issued 136,000.00 17,000.00 17,000.00 170,000.00
Bill No 16 267,000.00 33,375.00 33,375.00 333,750.00
Bill No 17 413,000.00 51,625.00 51,625.00 516,250.00
Bill No 18 185,000.00 23,125.00 23,125.00 231,250.00
Bill No 19 411,162.00 51,395.25 51,395.25 513,952.50

- - -
Total 3,917,794.00 330,204.00 330,204.00 3,302,040.00

2. Falaknaz (External Works) - Contract value AED 1,200,000.00

No Mobilisation Advance
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% P. B. 10%
10/28/2008 120,000.00 15,000.00 15,000.00 150,000.00

- - -
- - -
Total 120,000.00 15,000.00 15,000.00 150,000.00
FALAKNAZ TOTAL 4,037,794.00

3. Al Arabia Elevators - Lifts

Contract Value a) AED 999,000.00
b) AED 380,000.00

Mobilisation advance 10% a) 99,000.00 paid on 17/03/08

b) 38,000.00 paid on 20/01/09
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Adv. 10%
3/17/2008 356,400.00 44,550.00 44,550.00 445,500.00
1/18/2009 89,100.00 11,137.50 11,137.50 111,375.00
2/22/2009 60,900.00 7,612.50 7,612.50 76,125.00
3/3/2009 200,000.00 25,000.00 25,000.00 250,000.00
Bill No. 16 144,000.00 18,000.00 18,000.00 180,000.00

- - -
Total 850,400.00 106,300.00 106,300.00 1,063,000.00

4. Al Memar Est. Marble & Granite - Stone cladding works

Contract Value -a) 5,000,000.00
b) 885,500.00
Mobilisation Advance - 5% AED 250,000.00 PAID ON 15/09/08
Invoice payment Details
Deduction
Date Net Amount Paid P.B. 10%
Ret 10% Adv. 5%
1/15/2009 200,000.00 26,666.67 13,333.33 26,666.67
3/3/2009 300,000.00 40,000.00 20,000.00 40,000.00
Cheque issued 750,000.00 100,000.00 50,000.00 100,000.00
Bill No.16 675,000.00 90,000.00 45,000.00 90,000.00
Bill No.17 865,000.00 115,333.33 57,666.67 115,333.33
Bill No.18 436,000.00 58,133.33 29,066.67 58,133.33
Bill No.19 336,697.00 44,892.93 22,446.47 44,892.93
 - - -
Total 3,562,697.00 475,026.27 237,513.13 475,026.27

5. Central Vaccum System

Contract Value - AED 281,600.00
Mobilisation Advance 10% - AED 28,160.00 paid on 10/07/08
Retention 10% to be deducted from bills

Invoice payment Details

Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%

6. Hanini - Gas Pipe Line Works

Contract Value - AED 130,000.00
Mobilisation Advance paid 15.38% - AED 20,000.00
Retention 10% to be deducted from bills.

Invoice payment Details

Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%

7. Smart Home Automations - Contract Value 1,600,000.00

No Retention & no Advance deductions as per contract.

Invoice payment Details

Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
 1/25/2009 500,000.00 55,555.56 55,555.56 555,555.56
3/3/2009 300,000.00 33,333.33 33,333.33 333,333.33
6/1/2009 270,000.00 30,000.00 30,000.00 300,000.00
Cheque issued 270,000.00 30,000.00 30,000.00 300,000.00

- -
Total 1,340,000.00 148,888.89 148,888.89 1,488,888.89

8. German Home (Sanitary Items Supply)

Contract Amount - 855,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
9/29/2008 300,000.00 33,333.33 33,333.33 333,333.33
10/21/2008 255,000.00 28,333.33 28,333.33 283,333.33
3/3/2009 300,000.00 33,333.33 33,333.33 333,333.33
- - -
Total 855,000.00 95,000.00 95,000.00 950,000.00

9. Al Muhairy False Ceiling

Contract Amount - a) 1,250,000.00
b)75,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
Bill No. 16 225,000.00 25,000.00 25,000.00 250,000.00
Bill No. 17 90,000.00 10,000.00 10,000.00 100,000.00
Bill No. 18 149,000.00 16,555.56 16,555.56 165,555.56
Bill No. 19 315,000.00 35,000.00 35,000.00 350,000.00

-
779,000.00 86,555.56 86,555.56 865,555.56

10. Cube False Ceiling

Contract Amount - a) 1,250,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
Bill No. 16 225,000.00 25,000.00 25,000.00 250,000.00
Bill No. 17 90,000.00 10,000.00 10,000.00 100,000.00
Bill No. 18 149,000.00 16,555.56 16,555.56 165,555.56
Bill No. 19 315,000.00 35,000.00 35,000.00 350,000.00

-
779,000.00 86,555.56 86,555.56 865,555.56

11. SAS Aluminium

Contract amount - 2,750,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
Bill No.17 270,000.00 30,000.00 30,000.00 300,000.00
Cheque issued 270,000.00 30,000.00 30,000.00 300,000.00

- -
- -
540,000.00 60,000.00 60,000.00 600,000.00

12. Al Accad Ceramics

Contract Amount - 1,275,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
Bill No.18 270,000.00 30,000.00 30,000.00 300,000.00
Bill No.19 270,000.00 30,000.00 30,000.00 300,000.00
- - -
- - -
540,000.00 60,000.00 60,000.00 600,000.00

13. Keraban Ceramics

Contract Amount - 115,000.00
Invoice payment Details
Deduction
Date Net Amount Paid Gross Bill
Ret 10% Advance10%
Bill No.17 103,500.00 11,500.00 11,500.00 115,000.00
- - -
- - -
- - -
115,000.00 11,500.00 11,500.00 115,000.00
Gross Bill

266,666.67
400,000.00
1,000,000.00
900,000.00
1,153,333.33
581,333.33
448,929.33
 -
4,750,262.67