Bahri Annual Report-2012

Chapter III Financial Information and Operation Results

Company Key Sectors' Revenues for the fiscal year 2012 (in Thousands of Saudi Riyals)

(%) Business Sector Contribution to the total

Other Operating Expenses

Total Operating Expenses

Total Operating Income

Operating Revenues

Bunker Costs

Bunker Subsidy

Business Sector

Crude Oil transportation Sector* Chemical transportation Sector General cargo transportation Sector

1,474,477 (724,631)

(592,517) (1,317,148)

157,468 314,797

55%

440,873

-

(297,956)

(297,956)

2,164 145,081

25%

510,106 (150,466)

(294,209)

(444,675)

40,940 106,371

19%

Dry bulk Cargo transportation Sector**

39,172

-

(30,918)

(30,918)

-

8,254

1%

Total

2,464,628 (875,097) (1,215,600) (2,090,697)

200,572

574,503

100%

* Some of the carriers in this sector are chartered on time charter contracts. Therefore, the charterers are responsible for the bunker costs. Other carriers operate within pools which distribute the net financial results after deducting expenses from shareholders ** The vessels in this sector are chartered to ARASCO. Therefore, the charterer is responsible for the bunker cost.

Operating Revenues

Total Operating Expenses

Operating Income

21% General Cargo Transportation

1% Dry Bulk Transportation

21% General Cargo Transportation

2% Dry Bulk Transportation

19% General Cargo Transportation

1% Dry Bulk Transportation

18% Chemical Transportation

60% Crude Oil Transportation

14% Chemical Transportation

63% Crude Oil Transportation

25% Chemical Transportation

55% Crude Oil Transportation

52

Powered by