| Segment Distribution | |
|---|---|
| Phosphate | Includes operations related to Maaden Phosphate Company, Industrial Minerals Company, Maaden Waad Al Shamal for Phosphate and Maaden Infrastructure Company |
| Aluminum | Consists of the operations related to the development of an aluminum mine, refinery, smelter, rolling mill and power plant for the production of aluminum and related products. |
| Base Metals and new minerals | consists of operations related to MGBM that operates five gold mines and a processing plant at Sukhaybarat, operations of Maaden Barrick Copper |
| All other sectors | It includes the parent company's operations, infrastructure operations and operations of Ma'aden Reinsurance Company Limited |
| Industrial minerals | Consist of operations related to the mining of industrial minerals carried out through MIMC, which currently operates a kaolin and low grade bauxite mine in the central zone of Az Zabirah and a high grade magnesite mine and processing plant at Al Madinah Al Munawarah |
| Gold | This segment currently operates Mahd Ad Dahab, Al-Hajar, Bulghah, Al Amar mines and a processing plant at Sukhaybarat which are located in different geographical areas in KSA and the operations of Ma’aden Gold and Base Metals Company were added to Precious and Base Metals segment starting from the third quarter of 2014" |
| Infrastructure | Relates to the development, construction and delivery of services in the Ras Al-Khair area, and other mining and industrial locations in the Kingdom of Saudi Arabia. |
| Adjustments | Consolidation Adjustments & Eliminations |
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
Million
|
||
Sales |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
17,766.06
|
17,417.43
|
26,722.78
|
14,582.62
|
8,663.18
|
8,250.31
|
6,526.17
|
5,461.22
|
4,165.06
|
5,488.12
|
5,577.75
|
4,322.36
|
4,447.74
|
494.43
|
-
|
|
| Aluminum |
10,057.02
|
8,810.23
|
11,279.79
|
9,889.87
|
7,181.58
|
7,399.76
|
5,668.25
|
5,031.55
|
4,249.27
|
4,762.79
|
4,499.00
|
1,015.65
|
-
|
-
|
-
|
|
| Base Metals and new minerals |
4,456.80
|
2,987.21
|
2,252.32
|
2,296.52
|
2,735.06
|
2,086.20
|
1,976.34
|
1,593.16
|
1,049.53
|
705.22
|
715.13
|
709.25
|
-
|
-
|
-
|
|
| All other sectors |
266.28
|
57.06
|
22.24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Industrial minerals |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
125.87
|
70.52
|
30.13
|
|
| Gold |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,001.54
|
865.75
|
676.38
|
|
| Infrastructure |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.51
|
2.32
|
-
|
|
|
Total
|
32,546.16
|
29,271.93
|
40,277.12
|
26,769.01
|
18,579.82
|
17,736.28
|
14,170.76
|
12,085.93
|
9,463.86
|
10,956.13
|
10,791.88
|
6,047.26
|
5,576.65
|
1,433.03
|
706.51
|
|
Gross Income |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
6,547.87
|
5,998.07
|
13,992.11
|
4,851.83
|
573.80
|
983.30
|
2,249.79
|
1,865.99
|
705.89
|
1,573.63
|
1,853.44
|
1,073.70
|
1,974.60
|
505.01
|
-
|
|
| Aluminum |
253.61
|
(608.27)
|
1,681.30
|
3,425.14
|
936.51
|
984.43
|
1,962.79
|
1,427.18
|
988.22
|
633.94
|
958.69
|
82.54
|
-
|
-
|
-
|
|
| Base Metals and new minerals |
2,432.44
|
1,482.50
|
591.82
|
877.69
|
1,056.68
|
704.13
|
674.40
|
639.13
|
326.44
|
231.47
|
302.88
|
353.24
|
-
|
-
|
-
|
|
| All other sectors |
10.24
|
42.11
|
(16.28)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Industrial minerals |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
61.97
|
21.78
|
14.08
|
|
| Gold |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
595.72
|
526.74
|
371.26
|
|
| Infrastructure |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
(38.07)
|
(52.21)
|
-
|
|
|
Total
|
9,244.16
|
6,914.41
|
16,248.95
|
9,154.67
|
2,566.99
|
2,671.86
|
4,886.98
|
3,932.30
|
2,020.56
|
2,439.04
|
3,115.01
|
1,509.48
|
2,594.23
|
1,001.31
|
385.34
|
|
Operating Income |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
5,283.87
|
4,770.46
|
12,951.74
|
4,044.23
|
(171.56)
|
142.98
|
1,981.46
|
1,415.86
|
370.13
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Aluminum |
227.60
|
(1,055.18)
|
1,217.39
|
3,032.71
|
524.80
|
599.82
|
1,764.65
|
1,209.96
|
813.22
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Base Metals and new minerals |
2,038.70
|
1,149.06
|
648.66
|
652.55
|
763.55
|
470.59
|
540.56
|
482.09
|
171.40
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| All other sectors |
(1,112.73)
|
(773.17)
|
(563.63)
|
(315.84)
|
(306.19)
|
(292.51)
|
(309.51)
|
(195.85)
|
(175.92)
|
-
|
-
|
-
|
-
|
-
|
-
|
|
|
Total
|
6,437.45
|
4,091.19
|
14,254.15
|
7,413.64
|
810.59
|
920.88
|
3,977.17
|
2,912.05
|
1,178.83
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Net Income |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
2,723.67
|
2,071.00
|
8,918.67
|
2,413.31
|
(590.77)
|
(508.62)
|
984.61
|
640.36
|
105.45
|
778.57
|
955.34
|
1,883.29
|
987.34
|
294.35
|
(17.31)
|
|
| Aluminum |
(905.05)
|
(1,191.48)
|
396.33
|
2,011.74
|
(329.74)
|
(490.68)
|
632.24
|
(183.05)
|
(83.99)
|
95.35
|
680.02
|
23.36
|
(11.27)
|
(4.14)
|
-
|
|
| Base Metals and new minerals |
1,666.77
|
966.92
|
630.65
|
1,191.64
|
1,019.01
|
581.70
|
590.81
|
517.06
|
131.40
|
29.69
|
85.66
|
167.17
|
-
|
-
|
-
|
|
| All other sectors |
(613.85)
|
(269.11)
|
(626.61)
|
(388.99)
|
(307.48)
|
(321.86)
|
(359.75)
|
(259.54)
|
(163.60)
|
(298.44)
|
(363.68)
|
(391.45)
|
(337.30)
|
(234.55)
|
(220.85)
|
|
| Industrial minerals |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
50.70
|
19.74
|
13.13
|
|
| Gold |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
440.54
|
391.37
|
215.84
|
|
| Infrastructure |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
(39.07)
|
(53.46)
|
-
|
|
|
Total
|
2,871.54
|
1,577.33
|
9,319.05
|
5,227.70
|
(208.98)
|
(739.46)
|
1,847.92
|
714.84
|
(10.74)
|
605.17
|
1,357.34
|
1,682.38
|
1,090.94
|
413.32
|
(9.19)
|
|
Total Assets |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
50,476.05
|
49,700.18
|
52,172.09
|
51,875.57
|
49,106.79
|
48,238.88
|
48,319.81
|
45,861.75
|
45,663.66
|
39,961.60
|
31,862.61
|
21,148.06
|
22,623.36
|
21,749.63
|
20,543.66
|
|
| Aluminum |
36,062.45
|
38,161.54
|
38,891.77
|
40,390.59
|
38,710.65
|
40,370.15
|
39,655.65
|
39,950.56
|
40,378.53
|
43,841.70
|
42,580.31
|
38,577.44
|
27,568.29
|
14,550.92
|
3,897.78
|
|
| Base Metals and new minerals |
8,786.40
|
8,822.86
|
7,303.57
|
6,830.65
|
5,388.67
|
4,370.10
|
4,150.51
|
4,291.29
|
4,172.97
|
4,068.52
|
3,654.63
|
1,631.26
|
-
|
-
|
-
|
|
| All other sectors |
19,764.47
|
15,189.04
|
13,218.84
|
4,240.88
|
3,530.99
|
4,678.46
|
6,012.28
|
5,013.40
|
3,927.59
|
1,505.80
|
6,443.84
|
2,594.47
|
1,601.84
|
4,751.09
|
8,376.45
|
|
| Industrial minerals |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
437.68
|
391.65
|
361.73
|
|
| Gold |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,866.93
|
1,310.43
|
871.75
|
|
| Infrastructure |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,043.85
|
820.00
|
665.49
|
|
|
Total
|
115,089.37
|
111,873.62
|
111,586.27
|
103,337.69
|
96,737.11
|
97,657.60
|
98,138.25
|
95,117.00
|
94,142.75
|
89,377.63
|
84,541.38
|
63,951.23
|
55,141.95
|
43,573.72
|
34,716.86
|
|
Total Liabilities |
||||||||||||||||
|
Business Segment
|
Chart
|
|||||||||||||||
| Phosphate |
27,209.55
|
27,286.72
|
29,991.91
|
31,863.48
|
32,174.15
|
32,285.24
|
32,712.78
|
31,265.45
|
32,021.42
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Aluminum |
21,867.52
|
22,652.69
|
21,087.92
|
23,365.64
|
24,372.70
|
24,479.61
|
26,654.98
|
27,049.65
|
27,198.38
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| Base Metals and new minerals |
2,905.93
|
2,759.21
|
2,426.12
|
2,668.27
|
1,898.49
|
1,619.02
|
1,612.29
|
1,673.27
|
1,421.94
|
-
|
-
|
-
|
-
|
-
|
-
|
|
| All other sectors |
2,950.14
|
2,359.74
|
2,040.46
|
1,471.73
|
992.00
|
880.80
|
463.78
|
598.65
|
364.70
|
-
|
-
|
-
|
-
|
-
|
-
|
|
|
Total
|
54,933.14
|
55,058.36
|
55,546.42
|
59,369.12
|
59,437.34
|
59,264.66
|
61,443.83
|
60,587.02
|
61,006.43
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
|