Consolidated Statement of
Financial Position

(All amounts in Saudi Riyals thousands unless otherwise stated)

		As at 31 December
	Note	2024	2023
Assets
Current assets
Cash and cash equivalents	5	1,689,658	1,923,789
Investments at fair value through profit or loss (“FVTPL”)	6	243,421	232,576
Trade and other receivables	7	252,385	429,486
Prepayments and other current assets	8	329,109	230,226
Due from related parties	9	114,893	123,858
Total current assets	1	2,629,466	2,939,935
Non-current assets
Investments at fair value through other comprehensive income (“FVOCI”)	10	22,105,792	19,502,567
Equity-accounted investees	11	18,196,697	17,172,435
Long-term receivables	7	–	1,250,399
Investment properties	12	3,124,986	3,997,522
Property and equipment	13	6,801,405	6,823,581
Goodwill and intangible assets	14	1,789,159	1,839,916
Deferred tax assets	19	20,326	20,364
Other long-term assets	15	51,381	551,616
Total non-current assets		52,089,746	51,158,400
Total assets		54,719,212	54,098,335
Liabilities and equity
Liabilities
Current liabilities
Borrowings	16	3,045,759	2,208,888
Derivative financial instruments	36	–	13,682
Accounts payable, accrued expenses and other current liabilities	17	969,845	994,056
Zakat, withholding and income tax provisions	18	492,203	362,674
Due to related parties	9	240	101,115
Dividends payable	35	259,411	259,376
Total current liabilities	1	4,767,458	3,939,791
Non-current liabilities
Borrowings	16	9,551,676	12,763,240
Derivative financial instrument	36	62,799	61,245
Due to related party	9	510,799	440,793
Deferred tax liabilities	19	107,594	112,444
Employee benefit obligations	32	93,501	88,110
Other long-term liabilities		66,543	68,294
Total non-current liabilities		10,392,912	13,534,126
Total liabilities		15,160,370	17,473,917
Net assets		39,558,842	36,624,418
Equity
Share capital	20	37,058,823	37,058,823
Statutory reserves	21	1,798,157	1,674,460
Retained earnings		2,533,203	3,352,240
Fair value reserve for investments at FVOCI	10	(2,372,493)	(6,758,124)
Other reserves	21	(84,561)	(155,857)
Equity attributable to shareholders of the Company		38,933,129	35,171,542
Non-controlling interests	22	625,713	1,452,876
Total equity		39,558,842	36,624,418

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: