Financing during the year 2012* (in thousands of Saudi Riyals)
Balance Loan at the End of the Year
Loan balance at beginning of the Year
Average period of loans (in years)
Additions during the Year
Installments paid during the Year
Name of the Company
Total Loan
The National Shipping Co. of Saudi Arabia (Bahri) The National Chemical Carriers Ltd. Co. (NCC)
4,440,535 2,313,959
10
545,650 (376,810)
2,482,799
2,811,156 2,483,676
8.7
39,193 (141,236)
2,381,633
Mideast Ship Management Ltd.
25,342
17,378
7
None
(1,991)
15,386
Total 584,843 (520,037) 4,879,818 * In addition to the financing from the Public Investment Fund, the Company and its subsidiaries also receive financing from several banks, such as: Samba Financial Group, Saudi Fransi Bank, Saudi British Bank (SABB), National Commercial Bank, Riyadh Bank, Gulf International Bank, BNP Paribas (Paris) Installments of outstanding Murabaha and long-term loans as on December 31st, 2012 (in thousands of Saudi Riyals) Name of the Company 2013 2014 2015 2016 2017 Total The National Shipping Co. of Saudi Arabia (Bahri) 264,858 343,585 328,943 317,663 416,593 1,671,642 The National Chemical Carriers Ltd. Co (NCC) 199,236 141,236 141,236 141,236 141,236 764,180 Mideast Ship Management Ltd. 1,991 13,395 - - - 15,386 Total 466,085 498,216 470,179 458,899 557,830 2,451,208 7,277,033 4,815,013 -
Murabaha Financing and Long Term Loans
600 500 400 300 200 100 0
558
498
470
466
459
2013
2014
2015
2016
2017
55
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