Consolidated Annual Results

QAR Millions 2013 2014 2015 2016 2017 2018 2019
Operating Revenue 2,305 2,633 2,984 2,551 2,491 2,420 2,401
Operating Expenses (1,661) (1,978) (2,128) (1,996) (2,043) (2,019) (2,119)
Operating Profit 644 656 855 555 448 401 283
Non-Operating Income/(Expenses) 304 396 254 148 36 111 264
Non-Controlling Interest 2 (2) (15) 8 (14) 5 1
Tax Expense 0 (0) (0) 0 (0) 0 (1)
Net Income – Equity Holders of the Parent 950 1,049 1,095 711 470 516 547
Operating Profit Margin 27.9% 24.9% 28.7% 21.8% 18.0% 16.6% 11.8%
Depreciation & Amortization (229) (264) (308) (331) (323) (334) (362)
Finance Expenses (44) (42) (106) (175) (195) (148) (103)
*EBITDA 1,159 1,334 1,510 1,209 1,163 1,175 1,259
Total Assets 15,650 18,687 22,132 22,058 18,805 17,808 17,671
Total Liabilities 3,008 5,144 8,381 7,816 5,194 3,170 3,073
Working Capital 1,460 2,818 1,648 1,260 1,673 941 324
Long Term Loans 1,408 3,028 2,693 2,790 3,040 2,149 1,837
Shareholders’ Equity 12,642 13,542 13,751 14,242 13,612 14,638 14,598
Return on Assets (ROA) 6.4% 6.1% 5.4% 3.2% 2.4% 2.8% 3.08%
Return on Equity (ROE) 8.1% 8.0% 8.1% 5.0% 3.5% 3.6% 3.74%
Debt (LT Interest Bearing) to Equity Ratio 11.1% 22.4% 19.6% 19.6% 22.3% 14.7% 12.58%
Debt (Total Liabilities) to Equity Ratio 23.8% 38.0% 60.9% 54.9% 38.2% 21.7% 21.05%
Earnings per Share 0.84 0.92 0.96 0.63 0.41 0.45 0.48
*EBITDA Calculated as Net Profit including Non-Controlling Interest + Interest Expense + Interest Income + Depr & Amort + Impairments)

Operating Revenues (QR mn)

EBITDA (QR mn)

Net Profit (QR mn)

Financials

Financial Results