Bahri Annual Report-2016

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68

Bahri Annual Report

Bahri Finance Division

Bahri Annual Report

Bahri Finance Division

The below graph shows that Bahri increased its total current assets and total shareholders’ equity for 2016, in comparison to 2015. The increase was in excess of SAR 9.7 billion and SAR 2 billion, respectively.

Financial Statements and Operational results of the Company (2012 - 2016)

Graph no. 7: 2015 – 2016 Total Assets

25,000,000

Bahri Five Year Financial Results – 2016 - 2012

Item

2016

2015

2014

2013

2012

20,000,000

Operational Revenue

2,846,698

6,788,789

7,502,120

3,626,412

2,464,628

15,000,000

Cost of Fuel

(943,406)

(805,699)

(1,081,099)

(1,206,749)

(875,097)

10,000,000

Other Operational Expenses

(1,494,838)

(4,177,603)

(4,404,412)

(1,963,373)

(1,253,254)

Total Operational Income before fuel subsidies

408,454

1,805,487

2,016,609

456,290

336,277

5,000,000

Fuel Subsidies

171,108

134,258

179,910

217,936

200,572

0

Total Operational Income

579,562

1,939,745

2,196,519

674,226

536,849

Q1/15

Q2/15

Q3/15

Q4/15

Q1/16

Q2/16

Q3/16

Q4/16

General & Administrative Expenses

Total Current Asset

Total Nn-current Asset

Total Asset

(79,123)

(112,649)

(216,489)

(98,875)

(83,063)

Other Revenue (Expenditure) Net

338,544

(72,584)

63,130

24,429

108,023

Zakat & Tax Provisions

(49,858)

43,527

(181,354)

(37,436)

(36,299)

Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16

None Controlled Interest Shareholders’ Equity

(36,863)

(38,899)

(44,223)

(28,504)

(21,517)

Total Current Asset

3,379,576

3,897,235

2,946,271

SAR’000

2,052,743

2,840,531

2,420,539

1,902,698

2,023,664

Net Yearly Income

752,262

1,759,140

1,817,583

533,840

503,993

Total Nn-current Asset

17,546,504

17,436,175

17,650,068

SAR’000

17,467,962

16,256,120

15,788,651

15,374,164

15,172,660

Earnings per Share

2.39

4.47

4.62

1.58

1.60

Total Asset

20,926,080

21,333,410

20,596,339

SAR’000

19,520,705

19,096,651

18,209,190

17,276,862

17,196,324

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