Consolidated statement of financial position
as at December 31, 2016

All amounts in Saudi Riyals unless otherwise stated

    December 31, December 31,
  Notes 2016 2015
Assets      
Current assets      
Cash and cash equivalents 7 4,369,714,529 4,308,309,524
Short-term investments 8 2,711,000,000 899,052,989
Trade and other receivables 9 1,272,918,678 1,252,143,611
Inventories 10 3,116,373,317 2,941,847,487
Advances and prepayments 11 154,794,162 248,716,039
Due from joint venture partners 12 720,000,000
    11,624,800,686 10,370,069,650
       
Non-current assets      
Property, plant and equipment 13 48,887,551,021 36,682,188,547
Capital work-in-progress 14 34,637,282,390 40,402,433,837
Exploration and evaluation assets 15 269,803,530 233,233,575
Deferred stripping expense 16 77,344,276 44,172,991
Intangible assets 17 369,123,208 372,426,562
Investment in jointly controlled entities 18 1,127,666,676 1,201,454,824
Long-term investment 19 50,000,000 50,000,000
Advances and prepayments 11 29,730,480 21,645,868
    85,448,501,581 79,007,556,204
Total assets   97,073,302,267 89,377,625,854
       
Liabilities      
Current liabilities      
Projects and other payables 20 1,408,200,362 1,810,013,001
Accrued expenses 21 2,629,438,338 4,520,925,588
Zakat payable 22.2 85,308,278 50,962,237
Severance fees payable 23 8,270,636 16,096,147
Current portion of obligation under capital lease 25 13,441,040 12,131,184
Current portion of long-term borrowings 27.6 2,752,508,517 2,131,319,904
    6,897,167,171 8,541,448,061
       
Non-current liabilities      
Projects and other payables 20 2,106,338,263 1,334,387,629
Employees’ benefits 24 425,133,069 353,304,330
Obligation under capital lease 25 13,342,081 27,033,193
Provision for mine closure and reclamation 26 157,077,029 158,111,874
Long-term borrowings 27.6 51,223,162,526 43,267,718,094
Due to joint venture partner 28 306,790,113 300,703,363
    54,231,843,081 45,441,258,483
Total liabilities   61,129,010,252 53,982,706,544
       
Equity      
Share capital 29 11,684,782,610 11,684,782,610
Statutory reserve      
  Share premium 30 8,391,351,697 8,391,351,697
  Transfer of net income 31 797,975,542 757,911,634
Retained earnings   6,824,937,601 6,464,362,429
Equity attributable to shareholders’ of the parent company   27,699,047,450 27,298,408,370
Non-controlling interest 32.6 8,245,244,565 8,096,510,940
Total equity   35,944,292,015 35,394,919,310
Total liabilities and equity   97,073,302,267 89,377,625,854
Commitments and contingent liabilities 44