Below are the financial statements of Dar Al Arkan, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of SAR | 2024 | 2023 |
---|---|---|
Non-current assets | — | — |
Investment properties, net | 983a | 1,028.21a |
Long-term development properties | 20,877.27a | 20,261.81a |
Property and equipment, net | 89.61a | 103.77a |
Investments in associates and joint ventures | 2,628.36a | 2,603.25a |
Investments in financial asset | 190.89a | 191.73a |
Loan to a related party | 799.08a | 0a |
Total non-current assets | 25,568.21a | 24,188.77a |
Current assets | — | — |
Short-term development properties | 111.87a | 111.48a |
Trade receivables and others | 4,503.48a | 3,882.66a |
Inventories | 31.99a | 22.57a |
Cash and cash equivalents | 6,724.67a | 5,449.83a |
Total current assets | 11,372.02a | 9,466.54a |
Total assets | 36,940.22a | 33,655.3a |
Non-current liabilities | — | — |
Borrowings-non-current portion | 8,085.83a | 9,032.37a |
End of service indemnities | 38.52a | 31.63a |
Total non-current liabilities | 8,124.34a | 9,063.99a |
Current liabilities | — | — |
Borrowings-current portion | 3,337.93a | 1,047.94a |
Trade payables and others | 4,061.72a | 2,942.7a |
Zakat provision | 315.52a | 308.79a |
Total current liabilities | 7,715.17a | 4,299.43a |
Total liabilities | 15,839.51a | 13,363.42a |
Shareholders’ equity | — | — |
Share capital | 10,800a | 10,800a |
Statutory reserve | 1,341.18a | 1,260.4a |
Other reserves | -11.9a | 85.02a |
Retained earnings | 8,965.33a | 8,146.46a |
Equity attributable to equity holders of the parent company | 21,094.61a | 20,291.88a |
Non-controlling interests | 6.11a | 0a |
Total shareholders’ equity | 21,100.71a | 20,291.88a |
Total liabilities and shareholders’ equity | 36,940.22a | 33,655.3a |
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