Annual report pursuant to Section 13 and 15(d)

AMAK FINANCIAL STATEMENTS - Statements of Operations (Details)

v3.20.1
AMAK FINANCIAL STATEMENTS - Statements of Operations (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
SAR (ر.س)
Dec. 31, 2018
USD ($)
Dec. 31, 2018
SAR (ر.س)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
SAR (ر.س)
Schedule of Equity Method Investments [Line Items]                            
Revenues | $ $ 61,718 $ 62,715 $ 69,371 $ 65,155 $ 74,669 $ 73,416 $ 68,106 $ 71,741 $ 258,959   $ 287,932   $ 245,143  
Costs of revenues | $                 220,444   260,114   203,582  
Gross Profit | $ 8,310 9,567 10,565 10,073 2,694 6,842 8,142 10,140 38,515   27,818   41,561  
General and administrative expenses | $                 24,386   22,532   22,414  
Operating income (loss) | $                 (10,863)   2,199   18,275  
Other income (expense)                            
Finance charges | $                 (5,139)   (4,100)   (2,931)  
Total other income (expense) | $                 (5,587)   (4,573)   (2,991)  
Income (loss) from continuing operations before income tax benefit | $                 (16,450)   (2,374)   15,284  
Zakat and income tax benefit (expense) | $                 3,566   646   6,228  
Net income (loss) | $ $ (19,710) $ 581 $ 2,404 $ 1,751 $ (5,290) $ (1,609) $ 2,215 $ 2,352 $ (14,974)   $ (2,332)   $ 18,009  
AMAK                            
Schedule of Equity Method Investments [Line Items]                            
Revenues                   ر.س 293,811,329   ر.س 263,377,273   ر.س 136,629,881
Costs of revenues                   261,073,821   255,313,296   162,388,373
Gross Profit                   32,737,508   8,063,977   (25,758,492)
General and administrative expenses                   48,927,307   29,475,998   28,299,733
Operating income (loss)                   (16,189,799)   (21,412,021)   (54,058,225)
Other income (expense)                            
Gain on forgiveness of liabilities and spare parts                   0   0   0
Finance charges                   (5,436,532)   (5,969,821)   (6,103,680)
Other income                   2,091,152   323,575   893,524
Total other income (expense)                   (3,345,380)   (5,646,246)   (5,210,156)
Income (loss) from continuing operations before income tax benefit                   (19,535,179)   (27,058,267)   (59,268,381)
Zakat and income tax benefit (expense)                   (6,751,156)   1,824,929   (3,627,193)
Net income (loss)                   ر.س (26,286,335)   ر.س (25,233,338)   ر.س (62,895,574)