Saudi Electricity Company Website

Saudi Electricity Company

SASE-5110

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

65,040

68,708.9

69,338

72,079.4

75,329.7

80,470.8

Total Revenues % Chg.

1.5%

5.6%

0.9%

4%

4.5%

11.4%

Cost of Goods Sold, Total

58,915.9

60,386.4

48,796.1

52,319.6

59,808.3

65,456.1

Gross Profit

6,124.1

8,322.5

20,542

19,759.8

15,521.4

15,014.6

Selling General & Admin Expenses, Total

912.9

1,303.5

567.4

1,772.5

1,822.7

2,019.5

Provision for Bad Debts

—

—

—

—

—

253.6

1,074.9

1,378.5

-149.9

-506.5

Depreciation & Amortization

—

—

509.6

—

427.9

—

—

—

Other Operating Expenses

—

-1,576.3

-1,756.9

-438.9

-600.1

105.5

-184.5

Other Operating Expenses, Total

-153.9

-199.8

1,631.3

2,550.8

1,778.3

1,328.5

Operating Income

6,278

8,522.3

18,910.6

17,209

13,743.1

13,686.1

Interest Expense, Total

—

—

-4,729.8

-4,763.9

-2,471.7

-2,578.9

-3,690.7

-3,124

Interest And Investment Income

—

—

88.1

52.7

70.8

106.1

358.7

562.5

Net Interest Expenses

—

—

-4,641.7

-4,711.2

-2,400.8

-2,472.8

-3,332

-2,561.5

Income (Loss) On Equity Invest.

-40.2

4.3

-10.2

307.7

83.7

70.5

Other Non Operating Income (Expenses)

-9.7

—

—

—

—

—

EBT, Excl. Unusual Items

1,586.4

3,815.4

16,499.6

15,043.9

10,494.7

11,195.1

Gain (Loss) On Sale Of Assets

21.8

-189.2

48.6

-46.6

103.5

177.8

Asset Writedown

—

—

—

—

—

—

—

-863.4

615.7

—

—

Legal Settlements

—

—

—

—

—

—

—

-484.6

—

—

—

Other Unusual Items

—

—

—

-808.1

-207.9

—

—

—

EBT, Incl. Unusual Items

1,608.2

2,818.1

14,992.2

15,613

10,598.3

11,372.9

Income Tax Expense

—

—

220.6

-285.5

455.9

416.6

349

378.5

Earnings From Continuing Operations

1,387.6

3,103.6

14,536.3

15,196.4

10,249.3

10,994.4

Earnings Of Discontinued Operations

—

—

—

—

—

—

-78

-145.4

-61.2

—

—

Net Income

1,387.6

3,025.5

14,390.9

15,135.2

10,249.3

10,994.4

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

927.4

7,661.4

7,661.4

7,661.4

8,234.2

Net Income to Common Incl Extra Items

1,387.6

2,098.2

6,729.5

7,473.8

2,587.9

2,760.3

Net Income to Common Excl. Extra Items

1,387.6

2,176.2

6,874.9

7,535

2,587.9

2,760.3

Total Shares Outstanding

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

Weighted Avg. Shares Outstanding

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

Weighted Avg. Shares Outstanding Dil

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

4,166.6

EPS

0.3

0.5

1.6

1.8

0.6

0.7

EPS Diluted

0.3

0.5

1.6

1.8

0.6

0.7

EBITDA

24,948.8

27,262.1

38,553.5

36,477.4

32,617

32,826

Effective Tax Rate

—

—

13.7%

-10.1%

3%

2.7%

3.3%

3.3%