Consolidated statement of profit or loss
(All amounts in Saudi Riyals thousands unless otherwise stated)
| Note | For the year ended 31 December | ||
|---|---|---|---|
| 2024 | 2023 | ||
| CONTINUING OPERATIONS | |||
| Revenue | 25 | 6,297,298 | 6,095,010 |
| Operating costs | 26 | (2,966,708) | (2,599,830) |
| Gross profit | 3,330,590 | 3,495,180 | |
| Development cost, provision and write offs, net of reversals | 11.3 | (222,844) | (69,582) |
| General and administration expenses | 27 | (1,750,235) | (1,236,692) |
| Share in net results of equity accounted investees, net of zakat and tax | 7.1.1 | 694,163 | 241,671 |
| Gain from partial divestments | 34.2 | 401,701 | ‑ |
| Other operating income | 28 | 529,615 | 550,308 |
| Operating income before impairment loss and other expenses | 2,982,990 | 2,980,885 | |
| Impairment reversal, net | 30.1 | 91,073 | ‑ |
| Other expenses, net | 30.2 | (62,162) | (213) |
| Operating income after impairment loss and other expenses | 3,011,901 | 2,980,672 | |
| Other income | 29 | 63,292 | 92,131 |
| Finance income | 317,271 | 231,434 | |
| Exchange (loss) / gain, net | 31 | (560) | 2,774 |
| Financial charges | 32 | (1,345,109) | (1,474,903) |
| Profit before zakat and income tax | 2,046,795 | 1,832,108 | |
| Zakat and tax charge | 21.1 | (58,959) | (53,731) |
| Profit for the year from continuing operations | 1,987,836 | 1,778,377 | |
| DISCONTINUED OPERATIONS | |||
| Loss from discontinued operations | 34.3 | ‑ | (7,048) |
| Profit for the year | 1,987,836 | 1,771,329 | |
| PROFIT ATTRIBUTABLE TO: | |||
| Equity holders of the parent | 1,757,057 | 1,661,714 | |
| Non‑controlling interests | 230,779 | 109,615 | |
| 1,987,836 | 1,771,329 | ||
| Basic and diluted earnings per share to equity holders of the parent (in SR) | 33.2 | 2.40 | 2.27 |
| Basic and diluted earnings per share from continuing operations to equity holders of the parent (in SR) | 33.2 | 2.40 | 2.28 |
The attached notes 1 to 41 form an integral part of these consolidated financial statements.