22Different Activities

Practical Examples Balance Sheet (Statement of Financial Position) as of 31/12/2019 Assets SAR SAR Current Assets Inventory Trade receivables Prepaid expenses and other debit balance Short-term investments Time deposits Cash in hand and at banks Total current assets Non-current assets Due from related parties Mining properties Intangible assets Investments in associates and joint ventures* Investments held to maturity* *Deductibility criteria apply to investments and employee loans Employees’ loans* Other non-current assets Total non-current assets Total assets Liabilities and Shareholders’ Equity SAR SAR Current liabilities Current portion of medium and Long-term loans Short-term loans Trade payables Suppliers Accruals and other current liabilities Accrued Zakat Accrued concession fees Total current liabilities Non-current assets Medium and Long-term loans Liabilities directly related to assets classified as held for sale Obligation regarding the costs of dismantling and removing property, plant and equipment Sukuk Provision for end-of-service benefits Other non-current liabilities Total non-current liabilities Shareholders’ equity Capital Statutory reserve General reserve Retained earnings Total shareholders’ equity Total liabilities and shareholders’ equity Income Statement for the Period from 1/1/2019 to 31/12/2019 Item SAR Revenues Cost of revenues Gross profit General and administrative expenses Selling and distribution expenses Income from operations Share in results of associates and joint ventures Financing charges Profit before Zakat and income tax Zakat Profit for the year Provision for end-of-service (opening balance less amount utilized amount during the year) Zakat Calculation Additions to the Base Equity SAR Capital Statutory reserve General reserve Retained earnings Less Dividend distribution Total Item Amount Adjustment to activity result SAR Add: Net profit before Zakat Add: Provision for end-of-service provided during the year Total adjusted profit Description Opening Balance Provided During the Year Utilized During the Year Closing Balance SAR SAR SAR SAR Provision for end-of- service benefits Total Movement of Provisions Obligations on the Zakat payer Medium and Long-term loans Liabilities directly related to assets classified as held for sale Obligation regarding the costs of dismantling and removing property, plant and equipment Sukuk Other non-current liabilities Total external sources of funds subject to Zakat Total additions to the base Deduction from Zakat Base SAR Mining properties Property, plant and equipment Intangible assets Investments in associates and joint ventures Investments held until maturity Total deductible assets Zakat base without the adjusted profit for the year Zakat at 2.578%of the Zakat base without the adjusted profit Adjusted profit Zakat at 2.5% of the adjusted profit Total Zakat 11. Transport and Storage Sector