Bahri Annual Report-2009

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

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