5-YEARS SNAP SHOT

Revenues:

Revenues 2018

* SEC has adopted IFRS standards effective 1 January 2017

* SEC has adopted IFRS 9&15 effective 1 January 2018



Revenues Breakdown :

 

 

Item (in million SAR)

 

 

2014

 

2015

 

2016

 

2017

 

2018

 

Electricity Sales

 

34,962

 

 

37,580

 

45,321

 

45,446

 

59,623

 

Meter reading, maintenance

  and bills preparations tariff

 

 

1,055

 

1,118

 

1,186

 

1,249

 

1,608

 

Electricity

connection tariff

 

 

1,852

 

2,073

 

2,313

 

2,591

 

1,303

 

Transmission system revenues

 

 

468

 

544

 

602

 

1,096

 

1,005

 

Other operating revenues

 

 

622

 

767

 

1,094

 

303

 

115

 

Total Operating Revenues

 

 

38,491

 

41,539

 

49,914

 

50,685

 

64,064

 

* During the year 2016 & 2018, electricity tariffs were increased

* SEC has adopted the International Financial Reporting Standards (IFRS) effective 1 January 2017

* SEC has adopted IFRS 9&15 effective 1 January 2018



 

Number of Electrified Customers:

Number of Electrified Customers 2018

 

 

                

Electricity Sold (GWh):

Electricity Sold 2018

CAGR 2.1%



 

Relative Distribution of Sales Volume % by Customer Category​:

Relative Distribution of Sales Volume by Customer Category 2018


             

 

 Net Income & Net Income Margin:

Net Income and Net Income Margin 2018

 

 

    

Earnings Per Share (SAR):

Earnings per Share 2018


 

                                  

Financial Position (Total Assets, Liabilities and Equity:

Financial Position 2018


 

                      

Key Financial Ratio:

 

Item

 

 

2014

 

2015

 

2016

 

2017

 

2018

 

Net Income Margin

 

9.4%

 

 

3.7%

 

9.1%

 

13.6%

 

2.7%

 

Return on Equity

 

 

6.1%

 

2.6%

 

6.9%

 

9.6%

 

2.4%

 

Dividend Pay-out Ratio as % of Share Face Value

 

 

7%

 

7%

 

7%

 

7%

 

7%