Below are the financial statements of Industries Qatar, 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 QAR | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 15,522.42a | 13,229.4a |
| Capital project advances | 104.67a | 175.04a |
| Investments in associates | 2,081.58a | 1,810.71a |
| Investments in joint ventures | 6,222.87a | 6,782.97a |
| Advances | 315.54a | 329.29a |
| Rights-of-use assets | 336.95a | 261.84a |
| Other non-current assets | 178.11a | 129.39a |
| Deferred tax asset | 17.26a | 0a |
| Total non-current assets | 24,779.4a | 22,718.64a |
| Current assets | — | — |
| Inventories | 3,364.01a | 2,833.28a |
| Trade and other receivables | 3,064.98a | 2,665.43a |
| Equity securities at FVTPL | 401.39a | 421.08a |
| Fixed deposits and other bank balances | 7,371.6a | 10,954.19a |
| Cash and cash equivalents | 3,433.99a | 3,460a |
| Total current assets | 17,635.97a | 20,333.98a |
| Total assets | 42,415.37a | 43,052.62a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Share capital | 6,050a | 6,050a |
| Legal reserve | 327.06a | 271.94a |
| Other reserves | -65.11a | -62.27a |
| Retained earnings | 31,437.78a | 33,699.25a |
| Equity attributable to owners of the company | 37,749.74a | 39,958.93a |
| Non-controlling interests | 902.44a | 17.41a |
| Total equity | 38,652.17a | 39,976.34a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Lease liabilities | 390.8a | 334.05a |
| Provision for employees’ end of service benefits | 552.23a | 472.12a |
| Total non-current liabilities | 943.02a | 806.17a |
| Current liabilities | — | — |
| Trade and other payables | 2,618.79a | 2,220.04a |
| Lease liabilities | 64.33a | 47.74a |
| Income tax payable | 137.06a | 2.32a |
| Total current liabilities | 2,820.18a | 2,270.11a |
| Total liabilities | 3,763.2a | 3,076.27a |
| Total equity and liabilities | 42,415.37a | 43,052.62a |
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