AIFINA LogoAIFINA
Financial Intelligence
Treasury Management
Budget & Planning
AIFINA
Dashboard
Notes to the consolidated financial statements

Notes to the consolidated financial statementst

Revenue Streams and Disaggregation

A. Revenue streams

The Group generates revenue primarily from the sale of products, provision of services and through construction contracts. Other sources of revenue include rental income from owned properties and leased investment properties.

Item20242023
Revenue from contracts with customers1,566,829,6101,422,541,032
Real estate revenue--
- Rental income from investment properties (Note 12)110,872,914107,025,140
- Other rental income3,993,0409,027,508
Total revenue1,681,695,5641,538,593,680

B. Disaggregation of revenue from contracts with customers

In the following table, revenue from contracts with customers is disaggregated by primary geographical market, major products and services lines and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the Group’s reportable segments (Note 40).

Primary geographical markets20242023
State of Qatar1,330,851,1001,168,714,925
United Arab Emirates135,609,719147,079,885
Others100,368,791106,746,222
Total1,566,829,6101,422,541,032

For the year ended 31 December

Major products/service lines20242023
Contract revenue607,793,015552,528,397
Revenue from sale of goods848,694,061762,667,563
Service revenue110,342,534107,345,072
Total1,566,829,6101,422,541,032
Type of customers20242023
Third party customers1,560,286,9331,415,633,529
Related parties6,542,6776,907,503
Total1,566,829,6101,422,541,032
Item20242023
Timing of revenue recognition--
Products transferred at a point in time718,135,549762,667,563
Products and services transferred over time848,694,061659,873,469
Revenue from contracts with customers1,566,829,6101,422,541,032
Real estate revenue114,865,954116,052,648
External revenue as reported (Note 40)1,681,695,5641,538,593,680