Income Statements

Numbers are in Saudi Riyals Thousands or in SR 000’s
  2008 2007
Revenues – net 13,821,377 10,409,530
Cost of revenues (12,007,054) (8,705,859)
Gross profit 1,814,323 1,703,671
Share of profits (loss) of associates and jointly controlled entity and dividend income – net 335,174 243,753
Other income – net 110,526 82,057
Total income 2,260,023 2,029,481
Expenses    
Selling and Marketing (1,123,033) (839,516)
General and administrative (465,491) (456,794)
Total expenses (1,588,524) (1,296,310)
Income from operations 671,499 733,171
Gains on disposal of investments 147,980 863,982
Impairment of assets (442,406) (110,482)
Financial charges – net (153,658) (33,326)
Income before Zakat and foreign    
Income before Zakat and income-tax and minority interests 223,415 1,453,345
Zakat and income-taxes (53,387) (115,463)
Net income before minority interests 170,028 1,337,882
Share of minority interests in the net income (loss) of consolidated subsidiaries 32,330 (107,858)
Net income 202,358 1,230,024
Earnings per share – Income from operations (in Saudi Riyals) 1.34 1.47
              – Net income 0.40 2.46