Al-Ahsa Development Company

(Saudi joint stock company ,Authorized and paid up Capital SR  490,000,000)

 

 

 

 

 

 

 

 

 

Asset & Liabilities of the company and the results of

its operation for the last five years
 

Consolodated Income Statement   
Description 2010 2009 2008 2007 2006
Activity revenue 97,999,518 16,259,773 (20,534,188) 76,856,000 104,905,468
Activity cost (8,446,513) (9,197,137) (10,373,383) (31,057,968) (27,915,021)
Activity gross profit 89,553,005 7,062,636 (30,907,570) 45,798,032 76,990,447
Financial expenses and reserve (39,250,281) (4,321,128) (34,292,648) (10,834,274) (6,305,254)
Other revenue 172,900 1,917892 14,113,205 430,367 2,296,298
Zakat and Income tax (3,855,660) (1,299,205) 5,157,988 (900,000) (2,000,000)
Minority in business result 0 0 0 0 0
Net profit of the year 46,619,964 3,360,195 (56,245,001) 34,494,125 70,981,491
           
Consolidated financial position statement  
Description 2010 2009 2008 2007 2006
Asset          
Current asset 177,079,899 95,377,815 95,739141 140,704,230 175,267,714
Non current asset 444,061,654 475,611,385 463,082,019 586,151,736 617,055,428
Total Assets 621,141,553 570,989,200 558,821,160 726,855,966 792,323,142
Liabilities and shareholders equity          
Current liabilities 68,909,872 48,659,871 60,031,874 119,702,393 186,876,887
Non current liabilities 72,684,820 102,340,874 101,405,452 86,538,832 149,233,150
Total liabilities 141,594,692 151,000,745 161,437,326 205,241,225 336,110,037
Minority equity - - - - -
Net shareholders equity 479,546,861 419,988,455 397,383,834 520,614,741 456,213,105
Total liabilities, Minority & Shareholder equity 621,141,553 570,989,200 558,821,160 726,855,966 792,323,142

 
 

 

 

 

 

 

 

 

 

 

 

© 2008 Al-Ahsa Development Company | Design by Shah Mohd Shahid ( ADC IT Manager )