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stc
Annual Report
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A brief overview of stc
Group

 

,The performance, activities

and investments of stc Group

and its subsidiaries during

the year 2022

 

Risks management

and transactions with

related parties

 

Board of Directors and
Committees

 

Dividends Policy and Distribution

and Board Recommendations and

Compensation

 

Conclusion

 

Financial Consolidated

Statements

A brief overview of stc Group The performance, activities, and
nvestments of stc Group and
its subsidiaries during the year 2022 Risks management and transactions
with related parties Board of Directors and Committees Dividends Policy and
Distribution and Board
Recommendations and Compensation Conclusion Financial Consolidated
Statements

Financial Consolidated

Statements

As at December 31, 2021, the Group's total commercial civilian balances

25.6

SAR Billion

Against which a provision for impairment is set aside

2.2

SAR Billion

Total non-current liabilities as at December 31, 2022

24,764,230

SAR Thousand

Total current liabilities as at December 31, 2022

36,400,164

SAR Thousand

Gross profit in 2022

37,393,255

SAR Thousand

net profit in 2022

12,386,922

SAR Thousand

Net cash generated from operating activities

26,354,390

SAR Thousand

Total non-controlling interest in 2022

2,526,067

SAR Thousand

Total equity in 2022

76,025,592

SAR Thousand

The fair value of the land

269

SAR million

As on December 31, 2022

Independent reviewer report

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Financial Coslidate