Revenue of the Company’s Core Sectors The Company operates through profitable and cash-flow generating strategic units (i.e. crude oil transportation sector, chemicals transportation sector, general cargo transportation sector and dry bulk transportation sector). The chemicals transportation sector and dry bulk transportation sector operates through two independent companies (that is, National Chemical Carriers (NCC) and Bahri Dry Bulk (BDB) as there are strategic partners in these two sectors. In addition, Bahri owns shares in some companies, Mainly Petredec Ltd.
Financial statements and business results
Revenue of the Company’s core sectors in fiscal year 2014 (In Thousands of Saudi Riyals)
Contribution of sector’s operating income to total operat- ing income (%)
Total operating expenses
Operating revenue
Other operat- ing expenses
Fuel subsidies
Total operat- ing income
Sector
Fuel cost
Oil transportation
2,152,259 (916,902)
(961,251) (1,878,153)
174,434
448,540
67%
Chemicals transportation General cargo transportation Dry bulk transportation
802,922 (190,239)
(487,537)
(677,776)
23,816
148,962
22%
550,392 (99,608)
(447,502)
(547,110)
19,686
22,968
3%
120,839
-
(67,083)
(67,083)
-
53,756
8%
3,626,412 (1,206,749) (1,963,373) (3,170,122)
217,936 674,226 100%
Total
70
Annual Report 2014
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