19 SRMG Annual Report
19 SRMG Annual Report 20 SRMG Annual Report Consolidated Balance Sheet Consolidated ‘08 Statement Of Income Annual Consolidated Statement Of Changes Report In Shareholders’ Equity Consolidated Statement Of Cash Flow 2008 2007 Note SR SR Current Assets Cash and cash equivalents 3 140,705,169 460,550,955 Trade receivable 415,337,072 318,500,011 Prepaid expenses and other debit balances 4 84,390,428 65,487,869 Inventories 5 341,742,198 224,406,445 Total current assets 982,174,867 1,068,945,280 Non-Current Assets Investment in associated company 7 - 89,387,671 Property, plant and equipment 6 832,521,164 666,397,852 Intangible assets 8 444,660,450 362,597,838 Total non-current assets 1,277,181,614 1,118,383,361 TOTAL ASSETS 2,259,356,481 2,187,328,641 LIABILITIES AND EQUITY Current liabilities Murabaha and loans 9 173,475,081 63,333,333 Deferred revenue 10 11,146,334 17,929,352 Obligations under capital lease - current portion 11 7,000,000 37,374,092 Deferred gains on sale and leaseback transactions - current portion 11 3,207,511 48,048,463 Trade payables and other credit balances 12 253,726,102 252,726,577 Zakat and income tax 13 24,789,851 27,053,854 Total current liabilities 473,344,879 446,465,671 The accompanying notes 1 to 33 form an integral part of these consolidated financial statements 21 SRMG Annual Report Consolidated Balance Sheet 1963 Consolidated Madina Printing Press (MPP) was ‘08 Statement Of Income founded as the first subsidiary of Annual Consolidated the SRMG in Jeddah.
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