The National Shipping Company of Saudi Arabia
72/73
2010
General Cargo Transportation (Liner)
Crude Oil Transportation
Petrochemical Transportation
Bulk Transportation
Total
Operating revenues
1,445,532
266,744
337,554
-
2,049,830
Bunker cost
513,193
-
112,499
-
625,692
Other operating expenses
Vessel related expenses
212,933
86,692
49,903
-
349,528
Cargo related expenses
-
-
134,995
-
134,995
Voyage related expenses
67,912
-
57,173
-
125,085
Depreciation and amortization
266,679
65,036
23,099
-
354,814
Others
9,704
2,127
-
-
11,831
Total other operating expenses
557,228
153,855
265,170
-
976,253
Total operating expenses
1,070,421
153,855
377,669
-
1,601,945
Gross operating income (loss) before bunker subsidy
375,111
112,889
(40,115)
-
447,885
Bunker subsidy
79,510
-
29,988
-
109,498
Gross operating income (loss)
454,621
112,889
(10,127)
-
557,383
b- The following schedule illustrates the distribution of the Company’s and subsidiaries’ assets and liabilities according to the operational segments as of December 31:
2011
General Cargo Transportation (Liner)
Crude Oil Transportation
Petrochemical Transportation
Bulk Transportation
Shared Assets and Liabilities *
Total
5,415,286
3,647,375
542,316
199,124
819,110
Assets
10,623,211
2,337,777
2,568,479
213,692
5,288
142,038
Liabilities
5,267,274
2010
General Cargo Transportation (Liner)
Crude Oil Transportation
Petrochemical Transportation
Bulk Transportation
Shared Assets and Liabilities *
Total
5,519,163
2,961,285
207,488
200,000
1,078,343
9,966,279
Assets
2,460,319
1,917,823
61,724
-
148,030
4,587,896
Liabilities
* Shared assets and liabilities represent amounts which cannot be determined for a specific segment such as cash, investments in Murabaha, deposits and government bonds, unclaimed dividends, etc.
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