Financial statements and business results
Shareholder’s equity as of December 31, 2014 (In Thousands of Saudi Riyals)
Year
Shareholders' equity
Increase/ (decrease)
%
2014*
7,815,072
1,969,343
33.69%
2013
5,845,729
434,815
8.04%
2012
5,410,914
348,290
6.88%
2011
5,062,623
(27,067)
(0.53%)
2010
5,089,691
102,171
2.05%
* In 2014, 78,750,000 shares were issued for Aramco for Development Co., which is totally owned by Aramco, with a total cost of SAR 1,752,187,500 (SAR 22.25 per share). The nominal value per share is SAR 10 plus SAR 12.25 as share premium recorded within the statutory reserve. This process is related to the merger of Vela’s fleet and operations.
Shareholders’ Equity
9 8 7 6 5 4 3 2 1 -
2010
2011
2012
2013
2014
Shareholders’ Equity
68
Annual Report 2014
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