Consolidated statement of changes in equity

(All amounts in Saudi Riyals thousands unless otherwise stated)

Share capital Share premium Statutory reserve Retained earnings Proposed dividends Other Reserves (note 14.5) Equity attributable to owners of the parent Non–controlling interests Total equity
Balance at 1 January 2022 7,134,143 5,335,893 718,763 1,307,826 560,000 (1,572,279) 13,484,346 835,799 14,320,145
Profit/(loss) for the period 1,540,035 1,540,035 (63,625) 1,476,410
Other comprehensive income 4,201,698 4,201,698 242,965 4,444,663
Total comprehensive income 1,540,035 4,201,698 5,741,733 179,340 5,921,073
Changes to non–controlling interests 351,672 351,672
Divestment in subsidiary without loss of control (note 15.2) (3,245) (3,245) 64,150 60,905
Dividends (note 14.3) (2,947) (560,000) (562,947) (62,454) (625,401)
Proposed dividends (note 14.3) (606,813) 606,813
Transfer to statutory reserve 154,003 (154,003)
Balance at 31 December 2022 7,134,143 5,335,893 872,766 2,080,853 606,813 2,629,419 18,659,887 1,368,507 20,028,394
Balance at 1 January 2023 7,134,143 5,335,893 872,766 2,080,853 606,813 2,629,419 18,659,887 1,368,507 20,028,394
Profit for the period 1,661,714 1,661,714 109,615 1,771,329
Other comprehensive loss (556,830) (556,830) (10,219) (567,049)
Total comprehensive income/(loss) 1,661,714 (556,830) 1,104,884 99,396 1,204,280
Changes to non–controlling interests 182,209 182,209
Dividends (note 14.3) (606,813) (606,813) (99,179) (705,992)
Proposed dividends (note 14.3) (328,995) 328,995
Transfer to statutory reserve 166,171 (166,171)
Balance at 31 December 2023 7,134,143 5,335,893 1,038,937 3,247,401 328,995 2,072,589 19,157,958 1,550,933 20,708,891

The attached notes 1 to 41 form an integral part of these consolidated financial statements.