SAUDI ARAMCO TOTAL REFINING & …

SAUDI ARAMCO TOTAL REFINING & PETROCHEMICAL company (SATORP) (A SAUDI Arabian Mixed Limited Liability company in development phase) CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2013 AND INDEPENDENT AUDITOR S REPORT SAUDI ARAMCO TOTAL REFINING & PETROCHEMICAL company (SATORP) (A SAUDI Arabian Mixed Limited Liability company ) CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2013 AND INDEPENDENT AUDITOR S REPORT 1 CONTENTS Page Independent auditor s report 2 Consolidated statement of financial position 3 Consolidated statement of operations 4 Consolidated statement of cash flows 5 Consolidated statement of changes in shareholders equity 6 Notes to the consolidated financial statements 7-23 SAUDI ARAMCO TOTAL REFINING & PETROCHEMICAL company (SATORP) (A SAUDI Arabian Mixed Limited Liability company ) Consolidated statement of operations (All amounts in thousands of SAUDI Riyals unless otherwise stated) 4 For the year ended 31 December Note 2013 2012 Income - - Operating expenses General and administrative expenses 14 (325,849) (374,250) Foreign exchange gains 532 118 Loss from operations (325,317) (374,132) Finance i

SAUDI ARAMCO TOTAL REFINING & PETROCHEMICAL COMPANY (SATORP) (A Saudi Arabian Mixed Limited Liability Company) Consolidated statement of operations

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