Bahri Annual Report-2014

Financial Results and Business Performance of Bahri and its Subsidiaries Financial statements and business results

Financial results for past 5 years (In Thousands of Saudi Riyals)

Item/year

2014

2013

2012

2011

2010

Operating revenue

3,626,412

2,846,698

2,464,628

1,991,084

2,049,830

Bunker costs

(1,206,749)

(943,406)

(875,097)

(801,163)

(625,692)

Other operating expenses

(1,963,373)

(1,494,838)

(1,253,254)

(1,063,269)

(1,010,377)

Total operating income without Bunker subsidies

456,290

408,454

336,277

126,652

413,761

Bunker subsidies

217,936

171,108

200,572

176,465

109,498

Gross operating income

674,226

579,562

536,849

303,117

523,259

General & administrative expenses

(98,875)

(79,123)

(83,063)

(73,605)

(69,677)

Other income (net)

24,429

338,544

108,023

108,375

16,234

Zakat and tax (net)

(37,436)

(49,858)

(36,299)

(25,497)

(36,365)

Non-controlling interest

(28,504)

(36,863)

(21,517)

(24,622)

(18,573)

Net income

533,840

752,262

503,993

287,768

414,878

Earnings per share from the net profit (SAR)

1.58

2.39

1.60

0.91

1.32

Financial results for past 5 years

4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0

2010

2011

2012

2013

2014

Net Profit

General & Administrative Expenses

Other Operating Revenue

Operating Revenue

66

Annual Report 2014

Powered by