Bahri Annual Report-2017

Annual Report 2017

176

177

Notes to the Consolidated Financial Statements (continued) December 31, 2017 (In Thousands Saudi Riyal)

11 Consolidated Financial Statements

6.PROPERTY AND EQUIPMENT

Notes to the Consolidated Financial Statements (continued) December 31, 2017 (In Thousands Saudi Riyal)

2017

5. OPERATING SEGMENTS (continued)

Furniture and fixtures

Tools and office equipment

Containers yard equipment

Building and improvements

Fleet and equipment*

Containers and trailers

Motor vehicles

Computer equipment

Total

Dry bulk transporta- tion

Cost At January 1, 2017 Additions/ transfers

Oil trans- portation

Head office and Others

2017

Chemical

Logistic

Total

54,512 19,404,770

29,471 11,968

4,176 4,454 63,699 14,435 19,587,485

Property and equipment

9,847,834 2,975,050 1,343,650

533,440

46,562 14,746,536

796 1,875,697 5,364

413

238

-

5,995

- 1,888,503

Total assets

12,423,200 3,548,304 2,327,355

688,573 2,195,151 21,182,583

Disposals

-

- (14,596)

(8)

(256) (3,322)

(111)

-

(18,293)

Total liabilities

6,849,952 2,116,263

947,529

359,611

991,197 11,264,552

At December 31, 2017

55,308 21,280,467 20,239 12,373

4,158 1,132 69,583 14,435 21,457,695

Dry bulk transporta- tion

Oil trans- portation

Head office and Others

2016

Chemical

Logistic

Total

Accumulated depreciation At January 1, 2017

Property and equipment

15,481 5,800,240

29,219 7,743

3,691 1,722 56,638 10,855 5,925,589

8,511,362

3,138,716

1,422,611

559,202

30,005 13,661,896

Total assets

11,570,776

3,741,470

1,971,912

704,739

2,848,358 20,837,255

Charge for the year

4,742

791,790

302

522

394

104

2,036

1,677

801,567

Total liabilities

5,948,036

2,324,146

1,095,470

387,928

994,578 10,750,158

Disposals

-

- (14,596)

-

(256) (1,034)

(111)

-

(15,997)

At December 31, 2017

Dry bulk transporta- tion

20,223 6,592,030

14,925 8,265

3,829

792 58,563 12,532 6,711,159

Oil trans- portation

Head office and Others

January 1, 2016

Chemical

Logistic

Total

Net book value: As at December 31, 2017

Property and equipment

7,808,188

2,740,528

1,478,975

592,789

22,189 12,642,669

35,085 14,688,437 5,314 4,108

329

340 11,020

1,903 14,746,536

Total assets

10,936,177

3,158,966

1,863,650

700,369

2,043,002 18,702,164

Total liabilities

4,979,168

1,858,006

1,138,964

407,949

998,898

9,382,985

*Certain vessels and tankers of the Group under fleet and equipment with a carrying value of SR 9.3 billion as at December 31, 2017, are pledged against the long term loans (note 18).

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