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Bahri Annual Report
Bahri Finance Division
Bahri Annual Report
Bahri Finance Division
subsidiaries’ financial results for 2016, will also be presented along with the official government payments as well as Bahri’s dividends distribution policy.
The company’s financial statements, which includes its assets and liabilities, revenue and overall business results will be presented. In addition, a summary of Bahri’s
Financial Information
Murabaha Financing and Long Term Loans During 2016
Fransi, Saudi British Bank (SABB), National Commercial Bank (NCB), Riyadh Bank, Gulf International Bank, PNB Paribas, JP Morgan Chase and Standard Chartered Bank.
In addition to the financing that Bahri and its subsidiaries receive from the Public Investment Fund, PIF, the company also receives financing from the following banks; SAMBA Financial Group, Banque Saudi
Murabaha financing & long term loans during 2016 – (SAR “000”)
Capital Structure & Financing
Start of Year Loan Balance
Loan Average Duration
Additions Through the Year
Paid During the Year
End of Year Loan Balance
Loan Value
Company Name
The National Shipping Company of Saudi Arabia (Bahri)
8,977,980
5,983,738
10
1,627,445
(363,413)
7,247,771
National Chemical Carriers Ltd. Co. (Bahri Chemicals)
3,552,990
1,685,875
10
663,136
(204,045)
2,144,966
Mideast Ship Management Ltd. (JLT)
-
-
-
-
-
-
Bahri Dry Bulk (BDB)
420,000
383,250
11
-
(29,400)
353,850
Total
12,950,970
8,052,863
8
2,290,581
(596,858)
9,746,587
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