Financial Statements

Financial Statements

• Balance Sheet
• Statement of Income
• Cash Flows
• Detailed Reports and Statements

Balance Sheet

Annually

Balance Sheet	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017

Balance Sheet	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Current Assets	279,454	290,694	288,464	387,744	311,086	319,672
Inventory	192,128	103,380	111,273	92,548	121,297	109,818
Investments	0	0	0	0	0	0
Fixed Assets	103,059	105,753	112,953	122,926	130,468	151,880
Other Assets	0	0	0	0	0	0
Total Assets	574,641	499,827	512,690	603,218	562,851	581,370
Current Liabilities	114,026	45,924	43,922	74,046	48,594	47,746
Non-Current Liabilities	11,073	11,270	11,147	10,368	7,730	7,383
Other Liabilities	0	0	0	0	0	0
Shareholder's Equity	449,542	442,633	457,621	518,804	506,527	526,241
Total Liabilities&Shareholder Equit	574,641	499,827	512,690	603,218	562,851	581,370
Minority Interests	0	0	0	0	0	0
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	02/03/2023	07/02/2022	24/02/2021	05/03/2020	04/03/2018	02/03/2017

Quarterly

Balance Sheet	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018

Balance Sheet	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018
Current Assets	257,879	262,620	252,135	228,679	272,644	215,958	234,251	243,795	362,106	443,288	406,456	342,051	287,883	324,650	300,328
Inventory	187,110	236,394	164,306	206,150	152,466	232,887	205,136	181,725	93,489	64,058	97,136	126,891	152,983	124,627	138,445
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed Assets	107,200	108,556	105,054	104,996	104,615	106,406	108,130	110,688	114,624	116,661	119,878	138,757	142,534	144,660	132,852
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	552,189	607,570	521,495	539,825	529,725	555,251	547,517	536,208	570,219	624,007	623,470	607,699	583,400	593,937	571,625
Current Liabilities	81,262	142,376	72,181	58,094	65,403	109,307	83,491	86,472	118,594	67,301	79,075	70,191	36,114	52,796	45,893
Non-Current Liabilities	11,410	11,138	12,318	12,683	11,463	11,463	11,321	11,106	10,560	10,603	10,538	24,722	24,633	24,492	9,279
Other Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Shareholder's Equity	459,517	454,056	436,996	469,048	452,859	434,481	452,705	438,630	441,065	546,103	533,857	512,786	522,653	516,649	516,453
Total Liabilities and Shareholder Equity	552,189	607,570	521,495	539,825	529,725	555,251	547,517	536,208	570,219	624,007	623,470	607,699	583,400	593,937	571,625
Minority Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	15/08/2023	18/05/2023	08/11/2022	07/08/2022	12/05/2022	03/11/2021	04/08/2021	26/04/2021	21/10/2020	28/07/2020	13/05/2020	23/10/2019	22/07/2019	07/05/2019	29/10/2018

Statement of Income

Annually

Statement of Income	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016

Statement of Income	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Sales	1,026,363	921,327	777,328	724,405	534,965	576,751	690,021
Sales Cost	919,054	835,681	663,818	662,754	488,820	508,087	553,431
Total Income	107,309	85,646	113,510	61,651	46,145	68,664	136,590
Other Revenues	52	6,080	406	2,690	1,231	1,068	421
Total Revenues	107,361	91,726	113,916	64,341	47,376	69,732	137,011
Admin and Marketing Expenses	28,215	33,966	34,297	29,683	28,040	31,336	42,038
Depreciation	11,323	1,007	1,048	1,734	2,302	2,750	2,611
Other Expenses	654	392	6,278	0	0	0	0
Total Expenses	40,192	35,365	41,623	31,417	30,342	34,086	44,649
Net Income Before Zakat	67,169	56,361	72,293	32,924	17,034	35,646	92,362
Zakat	10,494	10,178	10,148	10,806	9,927	10,075	10,898
Net Income	56,675	46,183	62,145	22,118	7,107	25,571	81,464
Balance First Period	15,935	35,795	14,964	6,026	23,576	29,081	28,638
Reserves	5,668	4,618	6,215	2,212	711	2,557	8,146
Cash Dividends	50,895	61,425	35,100	10,969	21,938	28,519	72,394
Other Distributions	0	0	0	0	2,008	0	0
Balance End Period	16,047	15,935	35,795	14,964	6,026	23,576	29,562
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	02/03/2023	07/02/2022	24/02/2021	05/03/2020	04/03/2019	05/04/2018	02/03/2017

Quarterly

Statement of Income	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018

Statement of Income	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018
Sales	200,191	227,157	264,116	208,260	298,787	185,694	217,687	226,628	160,061	194,183	220,329	168,288	144,101	192,792	106,653
Sales Cost	182,962	210,727	248,483	179,194	260,757	168,833	196,504	198,540	131,851	172,200	186,852	159,874	130,931	171,664	97,981
Total Income	17,229	16,430	15,633	29,066	38,030	16,861	21,183	28,088	28,210	21,983	33,477	8,414	13,170	21,128	8,672
Other Revenues	0	0	51	4	132	1,887	4,224	5	317	89	160	2,208	2,101	147	27
Total Revenues	17,229	16,430	15,684	29,070	38,162	18,748	25,407	28,093	28,527	22,072	33,637	10,622	15,271	21,275	8,699
Admin and Marketing Expenses	6,915	7,708	9,545	9,718	9,339	7,990	8,502	8,313	7,089	7,214	9,935	6,599	7,319	7,372	6,022
Depreciation	2,595	2,603	301	274	245	258	252	230	227	262	318	422	447	481	568
Other Expenses	208	154	490	189	7	0	0	918	0	0	6,080	0	0	0	0
Total Expenses	9,718	10,465	10,336	10,181	9,591	8,248	8,754	9,461	7,316	7,476	16,333	7,021	7,766	7,853	6,590
Net Income Before Zakat	7,511	5,965	5,348	18,889	28,571	10,500	16,653	18,632	21,211	14,596	17,304	3,601	7,505	13,422	2,109
Zakat	2,050	1,450	2,300	2,700	2,550	2,400	2,577	2,523	3,400	2,350	2,250	2,500	1,500	3,300	1,622
Net Income	5,461	4,515	3,048	16,189	26,021	8,100	14,076	16,109	17,811	12,246	15,054	1,101	6,005	10,122	487
Balance First Period	20,562	16,047	42,350	26,160	15,935	4,555	16,804	35,795	42,264	30,018	0	0	0	0	0
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Dividends	0	0	35,100	0	15,795	0	0	35,100	0	0	0	0	0	0	0
Other Distributions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Balance End Period	26,023	20,562	10,297	42,350	26,160	12,655	30,880	16,804	24,975	42,264	15,054	0	0	0	0
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	15/08/2023	18/05/2022	08/11/2022	07/08/2022	12/05/2022	03/11/2021	04/08/2021	26/04/2021	21/10/2020	28/07/2020	13/05/2020	23/10/2019	22/07/2019	07/05/2019	29/10/2018

Cash Flows

Annually

Cash Flows	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016

Cash Flows	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Net Income	67,169	56,361	72,293	32,924	17,034	35,646	81,465
Depreciation	11,323	12,061	12,804	15,236	14,771	16,289	16,222
Accounts Receivable	-12,866	-10,716	1,447	-20,440	16,376	1,189	41,399
Inventory	-88,748	9,923	-20,755	30,958	-27,954	-14,368	-14,565
Prepaid Expenses	46,059	-23,084	-29,953	-18	15,144	-2,091	-67
Accounts Payable	66,127	2,038	-34,960	18,723	20,213	-18,880	961
Other Changes in Oper. Activity	-7,957	-14,810	4,400	-7,669	-9,542	-9,587	-4,057
Purchases of Fixed Assets	-7,793	-5,214	-3,184	-2,597	-6,815	3,027	-8,931
Other Changes in Investing Act.	66	5	24	120	0	105	125
Increase in Debts	0	0	0	0	0	0	0
Other Changes in Financing Act.	-50,895	-61,425	-122,85	-10,968	-21,938	-28,519	-72,394
Cash at Begining of Period	127,800	162,661	283,395	227,126	209,837	233,080	184,808
Cash at End of Period	150,285	127,800	162,661	283,395	227,126	209,837	233,080
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	02/03/2023	07/02/2022	24/02/2021	05/03/2020	04/03/2019	05/04/2018	02/03/2017

Quarterly

Cash Flows	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018

Cash Flows	30/06/2023	31/03/2023	30/09/2022	30/06/2022	31/03/2022	30/09/2021	30/06/2021	31/03/2021	30/09/2020	30/06/2020	31/03/2020	30/09/2019	30/06/2019	31/03/2019	30/09/2018
Net Income	13,476	5,965	52,808	47,460	28,571	45,784	35,285	18,632	53,111	31,900	17,304	24,528	20,927	13,422	23,039
Depreciation	5,198	2,603	8,488	5,638	2,847	9,136	6,136	3,038	9,691	6,561	3,350	11,483	7,588	3,517	11,119
Accounts Receivable	-5,803	-7,181	-17,156	15,535	-6,835	7,312	-19,956	-19,453	4,631	8,747	-6,736	-6,154	-11,236	20,502	20,140
Inventory	4,703	-44,267	-60,926	-107,411	-49,086	-119,585	-93,863	-70,452	-2,970	26,460	-6,618	-4,089	-29,691	-3,329	-14,273
Prepaid Expenses	-157	-10,196	45,005	32,892	13,653	22,056	-5,719	29,324	-19,450	-3,241	-10,654	12,535	2,831	-32,956	-3,823
Accounts Payable	-24,635	33,174	27,641	22,297	29,981	73,633	51,028	46,761	10,115	-15,552	3,399	22,308	-7,432	201	18,880
Other Changes in Oper. Activity	-10,352	-5,837	-8,444	-10,546	-12,907	-17,986	-19,113	-5,774	517	13,258	5,607	-10,403	-10,702	1,071	-8,771
Purchases of Fixed Assets	-9,605	-8,320	-6,733	-3,605	-1,793	-2,853	-1,488	-860	-1,654	-472	-391	-2,012	-1,894	-225	-5,547
Other Changes in Investing Act.	0	0	49	4	0	5	5	5	24	12	12	120	0	0	0
Increase in Debts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Changes in Financing Act.	0	0	-50,895	-15,795	-15,795	-61,425	-35,100	-35,100	-87,750	0	0	-10,969	0	0	-21,938
Cash at Begining of Period	150,285	150,285	127,800	127,800	127,800	162,661	162,661	162,661	283,394	283,394	283,394	227,126	227,126	227,126	209,837
Cash at End of Period	123,110	116,226	117,637	114,269	116,436	118,738	79,876	128,782	249,659	351,067	288,667	264,473	197,517	188,325	228,663
All figures are in	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands	Thousands
Currency	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR	SAR
Last Update Date	15/08/2023	18/05/2023	08/11/2022	07/08/2022	12/05/2022	03/11/2021	04/08/2021	26/04/2021	21/10/2020	28/07/2020	13/05/2020	23/10/2019	22/07/2019	07/05/2019	29/10/2018

Detailed Reports and Statements

Period	2024	2023	2022	2021	2020	2019	2018

Period	2024	2023	2022	2021	2020	2019	2018
Annual	-
Q4	-	-	-	-	-	-	-
Q3
Q2
Q1
Board Report	-