For the year ended 31 December 2020
(Saudi Arabian Riyals)

Share capital Statutory reserve General reserve Retained earnings Total equity
Balance as at 1 January 2020 1,200,000,000 326,911,746 1,114,180,214 618,313,284 3,259,405,244
Profit for the year - - - 500,518,870 500,518,870
Other comprehensive loss for the year - - - (5,301,735) (5,301,735)
Dividends (Note 33) - - - (120,000,000) (120,000,000)
Transfer to statutory reserve - 50,051,887 - (50,051,887) -
Balance as at 31 December 2020 1,200,000,000 376,963,633 1,114,180,214 943,478,532 3,634,622,379

 

Share capital Statutory reserve General reserve Retained earnings Total equity
Balance as at 1 January 2019 (Audited) 1,200,000,000 311,582,367 1,114,180,214 608,896,618 3,234,659,199
Profit for the year - - - 153,293,786 153,293,786
Other comprehensive loss for the year - - - (8,547,741) (8,547,741)
Dividends (Note 33) - - - (120,000,000) (120,000,000)
Transfer to statutory reserve - 15,329,379 - (15,329,379) -
Balance as at 31 December 2019 1,200,000,000 326,911,746 1,114,180,214 618,313,284 3,259,405,244

 

The accompanying Notes from (1) through (34) form an integral part of these consolidated financial statements.