Financial Statements Report 2011
Notes To The Consolidated Financial Statements For the year ended December 31, 2011 (In Thousands Saudi Riyals)
19. SEGMENT INFORMATION
a- The following schedule illustrates the distribution of the Company’s and subsidiaries’ activities according to the operational segments as of December 31:
2011
General Cargo Transportation (Liner)
Crude Oil Transportation
Petrochemical Transportation
Bulk Transportation
Total
Operating revenues
1,227,423
362,539
401,122
-
1,991,084
Bunker cost
661,509
-
139,654
-
801,163
Other operating expenses
Vessel related expenses
209,329
116,698
47,039
-
373,066
Cargo related expenses
-
-
137,954
-
137,954
Voyage related expenses
74,231
-
57,798
-
132,029
Depreciation and amortization
267,760
92,818
13,581
-
374,159
Others
8,737
1,269
-
-
10,006
Total other operating expenses
560,057
210,785
256,372
-
1,027,214
Total operating expenses
1,221,566
210,785
396,026
-
1,828,377
Gross operating income before bunker subsidy
5,857
151,754
5,096
-
162,707
Bunker subsidy
137,449
-
39,016
-
176,465
Gross operating income
143,306
151,754
44,112
-
339,172
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