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
Powered by FlippingBook