Consolidated statement of financial position

(All amounts in Saudi Riyals thousands unless otherwise stated)

Note As of 31 Dec 2023 As of 31 Dec 2022
Assets
Non‑current assets
Property, plant and equipment 5 10,292,460 10,105,713
Intangible assets 6 2,047,374 2,028,830
Equity accounted investees 7 15,873,449 12,624,518
Net investment in finance lease 8 11,234,491 11,501,842
Deferred tax asset 21.4 153,323 119,955
Fair value of derivatives 22 754,927 924,537
Other assets 9 379,812 397,775
Total non‑current assets 40,735,836 37,703,170
Current assets
Inventories 10 479,322 406,820
Net investment in finance lease 8 382,185 378,486
Fair value of derivatives 22 88,153 106,131
Due from related parties 23 1,356,247 985,120
Accounts receivable, prepayments and other receivables 11, 40.2 3,214,580 2,771,708
Short‑term investments 13, 40.2 1,217,791 199,998
Cash and cash equivalents 12, 40.2 4,740,941 6,154,524
11,479,219 11,002,787
Assets held for sale 34.3, 34.6 2,803,259 139,963
Total current assets 14,282,478 11,142,750
Total assets 55,018,314 48,845,920
Note As of 31 Dec 2023 As of 31 Dec 2022
Equity and liabilities
Equity
Shareholders’ equity
Share capital 14.1 7,134,143 7,134,143
Share premium 5,335,893 5,335,893
Statutory reserve 1,038,937 872,766
Retained earnings 3,247,401 2,080,853
Proposed dividends 14.3 328,995 606,813
Equity attributable to owners of the Company before other reserves 17,085,369 16,030,468
Other reserves 14.5 2,072,589 2,629,419
Equity attributable to owners of the Company 19,157,958 18,659,887
Non‑controlling interest 15 1,550,933 1,368,507
Total equity 20,708,891 20,028,394
Liabilities
Non‑current liabilities
Long‑term financing and funding facilities 16 23,549,709 22,332,678
Due to related parties 23 854,938 862,887
Deferred tax liability 21.4 163,476 214,277
Obligation for equity accounted investees 7 623,129 68,370
Fair value of derivatives 22 62,908 1,669
Deferred revenue 18 139,746 90,651
Employee end of service benefits’ liabilities 17 211,298 190,788
Other liabilities 24 767,562 820,070
Total non‑current liabilities 26,372,766 24,581,390
Current liabilities
Accounts payable, accruals and other financial liabilities 19, 40.2 3,149,023 2,595,791
Short‑term financing facilities 20 316,876 275,052
Current portion of long‑term financing and funding facilities 16 1,613,301 1,039,904
Due to related parties 23 79,157 88,603
Zakat and taxation 21.3 194,095 236,786
5,352,452 4,236,136
Liabilities associated with assets held for sale 34.6 2,584,205 –
Total current liabilities 7,936,657 4,236,136
Total liabilities 34,309,423 28,817,526
Total equity and liabilities 55,018,314 48,845,920

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