Consolidated Statement of Changes in Shareholders' Equity

For the years ended 31 December	Notes	Share capital (SAR ’000)	Statutory reserve (SAR ’000)	Other reserves (SAR ’000)	Retained earnings (SAR ’000)	Proposed gross dividends (SAR ’000)	Total (SAR ’000)
2021
Balance at 31 December 2020		25,000,000	25,000,000	(134,728)	8,253,246	–	58,118,518
Net income for the year		–	–	–	14,746,211	–	14,746,211
Net change in fair value of FVOCI investments	15	–	–	399,339	–	–	399,339
Re–measurement of employee EOSB liabilities	15 & 25	–	–	42,055	–	–	42,055
Exchange difference on translation foreign operations	15	–	–	(21,316)	–	–	(21,316)
Share in OCI from associate	15	–	–	24,044	–	–	24,044
Net other comprehensive income recognised directly in shareholders’ equity		–	–	444,122	–	–	444,122
Total comprehensive income for the year		–	–	444,122	14,746,211	–	15,190,333
Dividend for annual year 2020	23	–	–	–	(2,500,000)	–	(2,500,000)
Dividend for the first half of 2021	23	–	–	–	(3,500,000)	–	(3,500,000)
Balance at 31 December 2021		25,000,000	25,000,000	309,394	16,999,457	–	67,308,851
2020
Balance at 31 December 2019		25,000,000	21,789,632	(216,041)	868,066	3,750,000	51,191,657
Net income for the year		–	–	–	10,595,548	–	10,595,548
Net change in fair value of FVOCI investments	15	–	–	254,222	–	–	254,222
Re–measurement of employee EOSB liabilities	15 & 25	–	–	(179,605)	–	–	(179,605)
Exchange difference on translation foreign operations	15	–	–	6,696	–	–	6,696
Net other comprehensive income recognized directly in shareholders’ equity		–	–	81,313	–	–	81,313
Total comprehensive income for the year		–	–	81,313	10,595,548	–	10,676,861
Transfer to statutory reserve		–	3,210,368	–	(3,210,368)	–	–
Dividend for the second half 2019	23	–	–	–	–	(3,750,000)	(3,750,000)
Balance at 31 December 2020		25,000,000	25,000,000	(134,728)	8,253,246	–	58,118,518

The accompanying Notes from 1 to 40 form an integral part of these consolidated financial statements.