Below are the financial statements of Saudi Arabian Oil, 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 billions of USD | 2024 | 2023 |
|---|---|---|
| Revenue | 436.61a | 440.88a |
| Other income related to sales | 43.83a | 54.16a |
| Revenue and other income related to sales | 480.45a | 495.03a |
| Royalties and other taxes | -53.48a | -61.81a |
| Purchases | -135.85a | -125.66a |
| Producing and manufacturing | -29.41a | -25.74a |
| Selling, administrative and general | -23.8a | -20.5a |
| Exploration | -2.28a | -2.51a |
| Research and development | -1.55a | -1.39a |
| Depreciation and amortization | -27.52a | -25.88a |
| Operating costs | -273.88a | -263.49a |
| Operating income | 206.57a | 231.54a |
| Share of results of joint ventures and associates | -1.32a | -1.07a |
| Finance and other income | 6.1a | 8.52a |
| Finance costs | -2.81a | -2.18a |
| Income before income taxes and zakat | 208.54a | 236.82a |
| Income taxes and zakat | -102.29a | -115.55a |
| Net income | 106.25a | 121.27a |
| Net income attributable to shareholders' equity | 105.04a | 120.73a |
| Non-controlling interests | 1.21a | 0.54a |
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