22Different Activities

Practical Examples Balance Sheet (Statement of Financial Position) as of 31/12/2019 Assets SAR SAR Assets Current Assets Cash in hand and at banks Unbilled account receivables and other receivables Inventory Prepayments Total current assets Non-current assets Property and machinery Intangible assets Vehicles, transport and shipment equipment Unbilled account receivables - Non-current portion Total non-current assets Total assets Liabilities and Shareholders’ Equity SAR SAR Current liabilities Current liabilities Loans - Current portion Trade payables Accruals and other current liabilities Total liabilities Non-current assets Loans - Non-current portion Provision for end-of-service benefits Obligations against a finance lease contract Total non-current liabilities Shareholders’ equity Capital Statutory reserve Agreement 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 Marketing expenses Income from operations Financing charges Profit before Zakat and income tax Zakat Profit for the year 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 Zakat Calculation Additions to the Base Shareholders’ equity SAR Capital Statutory reserve Agreement reserve Retained earnings Dividend distribution during the year Total Liabilities on the Zakat payer Loans Obligations against a finance lease contract Provision for end-of-service benefits (opening balance minus the amount utilized during the year) Total external sources of funds subject to Zakat Total additions to the base Item Amount Adjustment to activity result SAR Net profit before Zakat Add: Provision for end-of-service provided during the year Total adjustment to activity result Deduction from Zakat Base SAR Property and machinery Intangible assets Vehicles, transport and shipment equipment 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 12. Electricity, Gas, Steam and Air Conditioning Supply Sector