| |
|
|
| Changes in Shareholders Equity |
| Particulars |
2008 |
2009 |
| |
Saudi Riyal |
Saudi Riyal |
| Paid-up Capital |
200,000,000 |
200,000,000 |
| Statutory Reserves: |
|
|
| Opening Balance |
57,650,933 |
60,007,971 |
| Profit Transferred Last Year |
2,357,038 |
704,307 |
| Closing Balance |
60,007,971 |
60,712,278 |
| Special Reserves: |
|
|
| Opening Balance |
41,745,035 |
31,103,115 |
| Deduction During the Year |
-11,820,439 |
-1,664,000 |
| Profit Transfered During the Year |
1,178,519 |
352,153 |
| Closing Balance |
31,103,115 |
29,791,268 |
| Emergency Reserves: |
|
|
| Opening Balance |
35,731 |
35,731 |
| Deduction During the Year |
0 |
0 |
| Closing Balance |
35,731 |
35,731 |
| Retained Earning For Distribution: |
|
|
| Opening Balance |
23,073,717 |
28,853,576 |
| Reconciliation for Last Years |
-3,754,963 |
-9,837,030 |
| Zakat for the Year |
-1,778,569 |
-1,938,110 |
| Transfer from this year profit |
25,348,948 |
8,972,173 |
| Directors Remmuneration |
-500,000 |
-500,000 |
| 10% to Statutory Reserves |
-2,357,038 |
-704,306 |
| 5% to Special Reserves |
-1,178,519 |
-352,153 |
| Dividend |
-10,000,000 |
-10,000,000 |
| Closing Balance of Retained Earnings |
28,853,576 |
14,494,150 |
| Unrealized Loss on Investment |
-20,519,609 |
-16,457,476 |
| Government Grand |
70,000,000 |
70,000,000 |
| Net Equity |
369,480,784 |
358,575,951 |
|
|
|
|
Financial