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

* SEC has adopted IFRS 16 effective 1 January 2019



Revenues Breakdown :

 

Item (in million SAR)

 

 

2015

 

2016

 

2017

 

2018

 

2019

 

Electricity Sales

 

37,580

 

45,321

 

45,446

 

59,624

 

58,865

 

 

Meter reading, maintenance

  and bills preparations tariff

 

 

1,118

 

1,186

 

1,249

 

1,608

 

1,348

 

Electricity

connection tariff

 

 

2,073

 

2,313

 

2,591

 

1,303

 

1,834

 

Transmission system revenues

 

 

544

 

602

 

1,096

 

1,006

 

1,131

 

Other operating revenues

 

 

767

 

492

 

303

 

523

 

1,862

 

Total Operating Revenues

 

 

41,539

 

49,914

 

50,685

 

64,063

 

65,040

 

* 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

* SEC has adopted IFRS 16 effective 1 January 2019



 

Number of Electrified Customers:

Number of Electrified Customers 2018

 

 

                

Electricity Sold (GWh):

Electricity Sold 2018



 

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