Management Report
Statement of Assets and Liabilities
Year 2007
Caption
2009
2008
2006
2005
Current Assets Current Liabilities Operating Capital
1,400,642 1,579,185 1,226,805
558,011
698,228 616,820 81,408 789,227
609,791 617,014
817,726 761,459
717,011 683,631
1,472,536 )914,525(
Other Long Term Assets
1,788,351 1,761,709 2,581,331 2,381,013
Fixed Assets Total Assets
3,346,742 3,650,744 4,634,435 5,658,910 6,730,766 4,834,197 5,997,106 7,796,786 9,819,426 10,338,584
Current Liabilities Long Term Loans Other Liabilities Total Liabilities Paid up Capital
609,791
817,726
717,011
1,472,536
616,820
1,432,898 1,336,078 2,229,291 3,709,941 4,516,180
34,974
37,888
37,002
34,612
41,741
2,091,459 2,843,226 2,983,304 4,565,555 5,160,945 1,999,290 2,250,000 3,150,000 3,150,000 3,150,000
Reserves & Retained Earnings
1,509,793 1,940,796 1,837,520
754,619 149,261
601,527 141,921
Minority Interests
190,119
163,075
153,689
Equities
2,742,738 3,153,880 4,813,482 5,253,871 5,177,639 4,834,197 5,997,106 7,796,786 9,819,426 10,338,584
Total Liabilities & Equities
In Thousands Saudi Riyals
The company's financial results reflect noticeable increases in the shareholders’ equity, which has grown significantly over the previous years.
Growth in Shareholders’ Equity
6
5
Year
Shareholders’ Equity
Variance
%
4
2009 2008 2007 2006 2005
4,987,520 5,090,796 4,659,793 3,004,619 2,600,817
)103,276( 431,003 1,655,174
)2%(
3
9%
55% 16% 22%
2
403,802 470,782
1
0
In Thousands Saudi Riyals
2009
2005 2006 2007 2008
Shareholders’ Equity to Assets
70 %
60 %
50 %
%
Year
Shareholders’ Equity
Total Assets 10,338,584 9,819,426 7,796,786 5,997,106 4,834,197
2009 2008 2007 2006 2005
4,987,520 5,090,796 4,659,793 3,004,619 2,600,817
48% 52% 60% 50% 54%
40 %
30 %
20 %
10 %
0 %
In Thousands Saudi Riyals
2009
2005 2006 2007 2008
Annual Report 2009 The National Shipping Company of Saudi Arabia
17
Powered by FlippingBook