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Consolidated Financial Statements

Consolidated Statement of
Comprehensive Income

(All amounts in Saudi Riyals thousands unless otherwise stated)

Year ended 31 December
Note
2024
2023
Profit for the year 1,207,166 988,243
Other comprehensive income
Items that will not be reclassified to profit or loss:
Unrealized gain on investments at FVOCI 10 3,223,200 4,019,176
Re-measurement of gain on employment benefit obligations 32 2,752 6,397
Items that may be reclassified to profit or loss:
Share in other comprehensive income of equity- accounted investees 11 37,993 107,207
Fair value changes on cash flow hedge of interest rate swap derivatives 36 1,554
Exchange differences on translation of foreign operations 8,510 321,873
Other comprehensive income for the year 3,274,009 4,454,653
Total comprehensive income for the year 4,481,175 5,442,896
Total comprehensive income for the year attributable to:
– Shareholders of the Company 4,531,466 5,482,403
– Non-controlling interests 22 (50,291) (39,507)
4,481,175 5,442,896

The accompanying notes form an integral part of these consolidated financial statements, which have been authorized for issue by the Board of Directors on behalf of the shareholders, and signed on its behalf by:

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