Choose a Saudi corporation and find its statement of financial position for 2019 and the related notes

The financial statement of SABIC corporation has been taken for discussion.

The balance sheet of the company represents the financial position of the company where the assets, liabilities, and stockholders' equity. The total non-current asset is $215,404,535 that includes all the long-term assets of the company and it is not going to be dissolved within one year. The current asset of the company is $94,961,216 that includes all the assets that are going to be dissolved within a year. The total asset of the company is $310,365,751 that includes the non-current assets and current assets. The total equity is $211,251,322 that shows the reserves and share capital of the company. The non-current liabilities are $61,667,193 that represents that the liabilities are not to be dissolved within a year. The current liabilities are $99,114,429 that shows the liabilities would be dissolved within a year. The total liabilities are $310,365,751.

The cash flow statement is the presentation of cash inflow and cash outflow of the company by operating, investing, and financing activities. Cash flow from operating activities is $310,365,751 that represents the cash inflow and outflow raised due to operations of the company, the cash flow from investing activities are $(13,690,456) that represents the cash inflow and cash outflow due to the investment of the company and cash flow from financing activities are (26,287,425) that represents the cash inflow and cash outflow due to the financing activities. The cash and cash equivalents are $36,965,779 that involves the decrease of cash, loss on exchange cash and cash equivalents and beginning cash and cash equivalents.