(All amounts in Saudi Riyals thousands, unless otherwise stated)

Statement of financial position

Statement of financial position
DescriptionNotesAs at December 31, 2025As at December 31, 2024
Assets
Non-current assets
Property, plant and equipment54,917,8234,717,668
Right-of-use assets6143,535149,549
Intangible assets726,56717,212
Loans to employees914,86918,708
Total non-current assets5,102,7944,903,137
Current assets
Inventories10643,757670,894
Trade receivables11415,563961,113
Prepayments and other assets1271,13916,628
Short-term deposits13385,763452,304
Cash and cash equivalents14987,383735,171
Total current assets2,503,6052,836,110
Total assets7,606,3997,739,247
Equity And Liabilities
Equity
Share capital151,687,5001,687,500
Statutory reserve16-506,250
Treasury shares15(48,682)(49,238)
Retained earnings2,943,6282,252,947
Total equity4,582,4464,397,459
Liabilities
Non-current liabilities
Borrowings, non-current portion18651,304785,054
Lease liabilities, non-current portion6133,831149,868
Employee benefit obligations19349,599345,266
Provision for decommissioning obligation2147,05946,078
Other non-current liabilities205054,771
Total non-current liabilities1,182,2981,331,037
Current liabilities
Trade and other payables221,414,2691,568,543
Accrued expenses and other liabilities23238,806274,485
Borrowings, current portion18133,867116,455
Lease liabilities, current portion630,06119,448
Zakat and income tax payable3124,65231,820
Total current liabilities1,841,6552,010,751
Total liabilities3,023,9533,341,788
Total equity and liabilities7,606,3997,739,247

Statement of financial position

Statement of financial position
DescriptionNotesAs at December 31, 2025As at December 31, 2024
Assets
Non-current assets
Property, plant and equipment54,917,8234,717,668
Right-of-use assets6143,535149,549
Intangible assets726,56717,212
Loans to employees914,86918,708
Total non-current assets5,102,7944,903,137
Current assets
Inventories10643,757670,894
Trade receivables11415,563961,113
Prepayments and other assets1271,13916,628
Short-term deposits13385,763452,304
Cash and cash equivalents14987,383735,171
Total current assets2,503,6052,836,110
Total assets7,606,3997,739,247
Equity And Liabilities
Equity
Share capital151,687,5001,687,500
Statutory reserve16-506,250
Treasury shares15(48,682)(49,238)
Retained earnings2,943,6282,252,947
Total equity4,582,4464,397,459
Liabilities
Non-current liabilities
Borrowings, non-current portion18651,304785,054
Lease liabilities, non-current portion6133,831149,868
Employee benefit obligations19349,599345,266
Provision for decommissioning obligation2147,05946,078
Other non-current liabilities205054,771
Total non-current liabilities1,182,2981,331,037
Current liabilities
Trade and other payables221,414,2691,568,543
Accrued expenses and other liabilities23238,806274,485
Borrowings, current portion18133,867116,455
Lease liabilities, current portion630,06119,448
Zakat and income tax payable3124,65231,820
Total current liabilities1,841,6552,010,751
Total liabilities3,023,9533,341,788
Total equity and liabilities7,606,3997,739,247

The accompanying notes from 1 to 36 form an integral part of these financial statements.

  • Ibrahim Qassim Al-Buainain — Chairman of the Board
  • Samer Abdulaziz M. Al-Hokail — President & Chief Executive Officer
  • Saud Fouad Kamakhi — Chief Financial Officer