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(All amounts in Saudi Riyals thousands unless otherwise stated)
Year ended 31 December |
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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: