Annual Report 2017
120
121
7
Statement of Assets & Liabilities
Statement of Assets & Liabilities
Operating segments for the year ending December 31, 2017
Statement of Assets & Liabilities as of December 31, 2017
Operating segments for the year ending December, 31, 2017
Shared Assets and Liabilities*
Oil Transportatio
Petrochemical Transportation
Logistics Transportation
Dry Bulk Transportation
Adjustments and deletions
Total
Item
2017
2016*
2015
2014
2013
2017
Total Current Assets Net Fixed Assets Other Non-Current Assets
3,629,374 14,746,536
3,812,768 13,661,896
2,840,531 12,798,271
1,838,528 12,980,017
1,453,027 8,512,152 2,057,534 12,022,713 1,381,237
Operating Revenue
3,726,244
805,270
1,136,967
362,297
107,018
(91,961)
6,045,835
Operating Expenses
(3,114,438)
(677,289)
(803,992)
(315,299)
(91,961)
91,961
(4,911,018)
2,806,673
3,362,591
3,457,849
2,325,866
Fuel Subsidy
-
-
-
164,986
9,842
11,036
185,864
Total Assets
21,182,583 2,014,500
20,837,255 2,021,118
19,096,651 1,837,952
17,144,411 4,722,716
Total Profit
-
776,792
137,823
344,011
46,998
15,057
1,320,681
Total Current Liabilities Murabaha Financing for Long-Term Loans
General and Administra- tive Expenses Other Revenue (Expens- es), Net Income Before Zakat and Tax
-
(5,706)
(15,831)
(2,311)
(15,089)
(132,337)
(171,274)
9,180,585
8,663,558
7,505,847
4,152,888
4,376,589
Other Non-Current Liabilities
(160,804)
(85,440)
(16,799)
(19,120)
40,027
- -
(242,136)
69,467
65,482
53,774
83,538
77,464
610,282
36,552
324,901
12,789
(77,253)
907,271
Total Liabilities Paid-In Capital
11,264,552 3,937,500
10,750,158 3,937,500 5,740,428
9,397,573 3,937,500 5,347,158
8,959,142 3,937,500 3,877,572
5,835,290 3,150,000 2,695,729
Ration to Total
67%
4% 36%
1% -9%
100%
Reserves and Retained Earnings Non-Controlling Interest Equity
5,557,718
Distribution of the Group’s assets and liabilities according to the operating segments as of December 31,2017 Distribution of the Group’s assets and liabilities according to the operating segments as of 31st December, 2017
409,169
414,420
370,197
341,694
422,813
10,087,097 20,837,255
9,699,078 19,096,651
8,185,269 17,144,411
6,187,423
Total Equity
9,918,031
Total Equity and Liabil- ities 12,022,713 * 2016 figures have been updated in accordance with the International Financial Reporting Standards (IFRS). Shareholder Equity as of December 31, 2017 21,182,583
Shared Assets and Liabilities*
Petrochemical Transportation
Logistics Transportation
Dry Bulk Transportation
Oil Transportation
Total
Assets
12,423,200 3,548,304 2,327,355
688,573 2,195,151 21,182,583
Percentage of Total Assets
Shareholder’s Equity as of December 31, 2017
59% 17% 11%
3% 10% 100%
Liabilities
6,849,952 2,116,263
947,529
359,611
991,197 11,264,552
Shareholders’ Equity
Increase/De- crease
Year
Change in Ratio
Percentage Total of Liabilities
61% 19%
8%
3%
9% 100%
Bahri’s Audited 2017 Financial Statements Statement from Bahri’s Management
2017 2016 2015 2014 2013
9,495,218 9,677,928 9,284,658 7,815,072 5,845,729
(182,710) 393,270 1,469,586 1,969,343
1.89%- 4.24% 18.80% 33.69% 8.04%
The audit committee examined the initial annual financial statements of the Company. The committee then submitted its recommendations to the Board of Directors, which approved the submitted annual financial
statements for 2017 during its meeting held on February 28, 2018. The 2017 annual report was prepared in accordance with accepted disclosure and transparency standards, requirements of the Capital
Markets Authority and International Financial Reporting Standards (IFRS) approved by the Saudi Organization for Certified Public Accountants (SOCPA).
434,815
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