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Saudi Aramco, the world's largest oil company, has provided you with the following income statement data for the year 2023: Item Amount (SAR) Operating Revenues

Saudi Aramco, the world's largest oil company, has provided you with the following income statement data for the year 2023:

Item

Amount (SAR)

Operating Revenues

10,000,000

Operating Expenses

6,000,000

Net Income

4,000,000

As a financial analyst at Saudi Aramco, prepare a vertical income statement for the year 2023. Present the income statement items as a percentage of total revenues, ensuring clear indication of the components of operating revenues, operating expenses, and net income.

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