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Below are the financial statements of Qatar Navigation, 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.
Below are the financial statements of Qatar Navigation, 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 | 2023 |
|---|---|---|
| Operating revenues | 2,839.8a | 2,941.79a |
| Salaries, wages and other benefits | -694.41a | -649.68a |
| Operating supplies and expenses | -1,015.72a | -1,283.83a |
| Rent expenses | -7.59a | -10.61a |
| Depreciation and amortisation | -442.09a | -391.21a |
| Reversal of (provision for) impairment of receivables | -15.31a | -7.96a |
| Other operating expenses | -158.91a | -162.17a |
| Operating profit | 536.39a | 436.33a |
| Impairment on property, vessels, equipment and intangible assets | -117.22a | -19.67a |
| Finance cost | -32.09a | -49.77a |
| Finance income | 11.42a | 19.27a |
| Net gain on disposal of property, vessels and equipment | 7.61a | 10.19a |
| Share of results of joint ventures | 143.65a | 127.16a |
| Share of results of associates | 584.9a | 520.37a |
| Net loss on foreign exchange transactions | -1.24a | -0.56a |
| Profit before tax | 1,133.44a | 1,043.31a |
| Income tax expense | -13.67a | -13.79a |
| Profit for the year | 1,119.77a | 1,029.53a |
| Attributable to | — | — |
| Equity holders of the parent | 1,121.97a | 1,030.2a |
| Non-controlling interests | -2.2a | -0.67a |
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