Bahri Annual Report-2011

Board of Directors Report 2011

Financial results for five years (In Thousands Saudi Riyals)

2011

2010

2009

2008

2007

Operating Revenues

1,991,084

2,049,830

1,672,016

2,594,530

1,703,294

Bunker cost

(801,163)

(625,692)

(395,986)

(539,592)

(327,217)

Other operating expense

(1,027,214)

(976,253)

(903,559)

(1,094,290)

(924,741)

Gross operating income before bunker subsidy

162,707

447,885

372,471

960,648

451,336

Bunker subsidy

176,465

109,498

83,212

72,859

56,640

Gross operating income

339,172

557,383

455,683

1,033,507

507,976

General and Administrative Expense

(109,660)

(103,801)

(95,020)

(105,718)

(87,301)

Revenue (Expense) Other

83,753

2,339

43,227

(123,350)

174,166

Zakat & Tax Provision

(25,497)

(36,365)

(34,590)

(54,471)

(18,419)

Net Profit

287,768

414,878

369,300

749,968

576,422

Earning per share from net profit (SAR)

0.91

1.32

1.17

2.38

1.48

3.0

2.5

2.0

1.5

1.0

0.5

0.0

In Billion (Saudi Riyals)

2007

2008

2009

2010

2011

Operating Revenues

Operating Expenses

General and Administrative Expense

Net Profit

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