| The reason of the increase (decrease) in revenues during the current year compared to the last year is | The reason behind the increase in insurance revenues in the current year compared to the previous year is mainly due to the increase in insurance revenues in the Motor insurance segment and the Engineering insurance segment, despite the decrease in insurance revenues in the Medical insurance segment. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason behind the recognition of net loss after zakat and income tax during the current year compared to the net income in previous year is mainly due to the decrease in net insurance services result by approximately SAR 50.6 million and net investment income by approximately SAR 37.2 million, despite the decrease in other operating expenses by approximately SAR 13.4 million. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Not Applicable |
| Reclassification of Comparison Items | Certain items of prior year amount have been reclassified to conform to the presentation in the current year, noting that these reclassifications have no impact on net income and shareholders equity. |
| Additional Information | Loss per share after zakat and income tax is calculated by dividing the net loss for the year after zakat and income tax by the weighted average number of shares issued. |