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Income Statements

Numbers are in Saudi Riyals Thousands or in SR 000’s
  2007 2006
Revenues – net 10,409,530 9,096,687
Cost of revenues (8,705,859) (7,553,330)
Gross profit 1,703,671 1,543,357
Investment related income – net 1,107,735 841,362
Other income – net 82,057 97,824
Total income 2,893,463 2,482,543
Expenses    
Selling and Marketing (839,516) (719,220)
General and administrative (456,794) (345,166)
Impairment of assets & projects costs written off (110,482) ---
Total expenses (1,406,792) (1,064,386)
Income before financial charges, Zakat and income-tax and minority interests 1,486,671 1,418,157
Financial charges – net (33,326) (71,454)
Income before Zakat and foreign    
Income before Zakat and income-tax and minority interests 1,453,345 1,346,703
Zakat and income-taxes (115,463) (45,677)
Net income before minority interests 1,337,882 1,301,026
Share of minority interests in the net income (loss) of consolidated subsidiaries (107,858) (152,438)
Net income 1,230,024 1,148,588
Earnings per share (in Saudi Riyals) 3.28 3.07
   
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