| Notes forming part of accounts [line items] | | |
| Disclosure of notes and other explanatory information [text block] | | |
| Disclosure of general information about reporting entity [abstract] | | |
| Disclosure of general information about reporting entity [text block] | Batic Investments and Logistics Company (the “Company” or “Batic”) - a Saudi Joint Stock Company - the previ-ous name (Saudi Transport and Investment Company - Mubarrad) formed under the Regulations for Companies and is registered in the Riyadh, Kingdom of Saudi Arabia (“KSA”) under Commercial Registration No. 1010052902 dated 13, Rabi` Al-Akhir ,1404H (corresponding to 16 January 1984).Based on the approval of the extraordinary general assembly of the shareholders of the company on 6/7/1438H corresponding to 3/4/2017, the second article of the company's by-law has been amended to change the name of the company from (Saudi Transport and Investment Company - Mubarrad) to (Batic Investments and Logistics Company | |
| Disclosure of information about major activities of reporting entity [text block] | The main activities of the Company and its subsidiaries (referred to collectively as "the Group") include, but are not limited to, the following:1-Activities of head offices. 2-General construction of residential buildings. 3-Goods land transportation . 4-Logistic services. 5-Provision of private civil security guard services. 6-Transportation of cash, precious metals, and valuable documents to and from banks and ATM machines. 7-Cash and mail collection and sorting. 8-Wholesale and retail trade in surveillance, security, safety, electronic devices, and their maintenance and operation.9-Building maintenance, cleaning, crowd organization, and management. 10-General building cleaning. 11-Purchase and sale of lands and real estate, subdivision, map selling activities, management and leasing of owned or leased properties (residential and non-residential), construction of residential buildings and general non-residential building construction, management and leasing of residential and non-residential properties, and real estate management activities for a commission.12-Building maintenance services. 13-Towing and roadside assistance activities. 14-Repair and maintenance of wireless telephone devices. 15-Wholesale of medical devices, equipment, and supplies. | |
| Disclosure of other general disclosures about reporting entity [text block] | The Company’s head office is located in Riyadh - Batic tower- Al-Olaya District - Al-Arz Street - PO Box 7939.The Company’s financial year begins on the first of January and ends at the end of December for each calendar year | |
| Other disclosures about reporting entity [text block] | CapitalThe shareholders of the Company in their meeting held on to 2 Jumada al-Awal 1443H (corresponding to 6 Decem-ber 2021) decided to increase the share capital of the Company from SR 300,000,000 to SR 600,000,000. The legal formalities for the increase in share capital including approval by the Capital Market Authority which was obtained on 26 Rabi' Al-Awal 1443H (corresponding to 2 November 2021) were completed during the period 2022.On June 21, 2023, the extraordinary general assembly of company shareholders approved amending the company's by-law in accordance with the new companies’ law and the amended corporate governance regulations issued by the Capital Market Authority and their implementing regulations. The most important of these amendments are:-Dividing the nominal value of shares from (10) ten riyals per share to (1) one riyal per share, so the number of company shares becomes (600,000,000) six hundred million shares instead of (60,000,000) sixty million shares.- Cancel the limitation of the company duration that identified at the company by-law to (50) years.- Cancel of the statutory reserve item in the company by-law and transfer the total balance of the reserve on the date of the Assembly to the accumulated losses.The Company carries out its activities in accordance with the applicable regulations and after obtaining the neces-sary licenses from the concerned authorities, if any. | |
| Disclosure of basis of preparation of financial statements [abstract] | | |
| Disclosure of basis of preparation of financial statements [text block] | The interim consolidated financial statements are prepared in accordance with International Accounting Standard 34 (“IAS 34”) “Interim Financial Reporting” that is endorsed in KSA and other standards and pronouncements that are issued by the Saudi Organization for Chartered and Professional Accountants (“SOCPA”).The interim condensed consolidated financial statements do not include all the information and disclosures re-quired in the annual consolidated financial statements in accordance with International Financial Reporting Standards and should be read in conjunction with the Group’s annual consolidated financial statements for the year ended 31 December 2023.The Group has prepared the financial statements on the basis that it will continue to operate as a going concern. Management considers that there are no material uncertainties that may cast significant doubt over this assumption. They have formed a judgement that there is a reasonable expectation that the Group has adequate resources to con-tinue in operational existence for the foreseeable future, and not less than 12 months from the end of the reporting period | |
| Disclosure of basis of measurement [text block] | The condensed consolidated interim financial statements have been prepared on the historical cost basis, except for:-short-term financial assets through profit or loss, which are measured at fair value, and-employee’ end-of-service benefits obligations, which are measured at the present value of future obligations using the projected unit credit method.Further, these interim condensed consolidated financial statements have been prepared using an accrual basis of accounting. | |
| Disclosure of functional and presentation currency [text block] | The accompanying condensed consolidated interim financial statements are presented in Saudi Riyals, which is the functional currency of the Group, and the presented financial statements are rounded to the nearest Saudi riyal. | |
| Disclosure of going concern [text block] | Going concern.The Group’s management has made an assessment of the Group’s ability to continue as a going concern and is satis-fied that the Group has the resources to continue in business for the foreseeable future. Furthermore, the manage-ment is not aware of any material uncertainties that may cast significant doubt on the Group’s ability to continue as a going concern. Therefore, the interim condened consolidated financial statements have been prepared on a going concern basis. | |
| Disclosure of basis of consolidation of financial statements [text block] | Business combinationFor business combinations involving entities under common control (“combining entities”) are accounted for using the pooling of interest method. The assets and liabilities of the combining entities are reflected at their car-rying amount Adjustments are made to the carrying amounts in order to incorporate any differences arising due to differences in accounting policies used by the combining entities. No goodwill or gain is recognized as a result of the combi-nation and any difference between the consideration paid/transferred and the equity acquired is reflected within the equity of the Group. The consolidated statement of comprehensive income reflects the results of the combin-ing entities from the date when the combination took place.The accounting policies adopted in the preparation of the interim condensed consolidated financial statements are consistent with those followed in the preparation of the Group’s annual consolidated financial statements for the year ended 31 December 2023. | |
| Disclosure of critical accounting judgements, estimates and assumptions [abstract] | | |
| Disclosure of critical accounting judgements, estimates and assumptions, general [text block] | In preparing these interim condensed consolidated financial statements, management has made certain judg-ments, estimates and assumptions that affect the application of the Group’s accounting policies and the reported amounts of assets, liabilities, income and expenses and related disclosures. Uncertainty about assumptions and estimates may result in outcomes that require a material adjustment to the carrying amount of the assets or liabili-ties affected in future periods.The estimates and the underlying assumptions are reviewed on an ongoing basis. Differences result from adjust-ments to estimates are recognized prospectively | |
| Disclosure of impairment of non-financial assets [text block] | Impairment of non-financial assetsAn impairment exists when the carrying value of an asset or cash generating units (CGU) exceeds its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. The fair value less costs of disposal calculation is based on available data from binding sales transactions, conducted at arm’s length, for simi-lar assets or observable market prices less incremental costs for disposing of the asset. The value in use is based on a Discounted Cash Flow ("DCF") model. The cash flows are derived from the budget for the next five years and do not include restructuring activities that the Group is not yet committed to or significant future investments that will enhance the performance of the assets of the CGU being tested. The recoverable amount is sensitive to the discount rate used for the DCF model as well as the ex-pected future cash-inflows and the growth rate used for extrapolation purposes. | |
| Disclosure of fair value of unquoted financial instruments [text block] | When the fair values of financial assets and financial liabilities recorded in the interim condensed consolidated statement of financial position cannot be measured based on quoted prices in active markets, their fair value is de-termined using valuation techniques including the discounted cash flow (“DCF”) model. The inputs to these models are taken from observable markets where possible, but where this is not feasible, a degree of judgement is required in establishing fair values. Judgements include considerations of inputs such as liquidity risk, credit risk and vola-tility. Changes in assumptions relating to these factors could affect the reported fair value of financial instrument Changes in assumptions relating to these factors could affect the reported fair value of financial instruments. | |
| Disclosure of revaluation and useful lives of property, plant and equipment, intangible assets and investment properties [text block] | Useful lives and residual values of property and equipmentThe useful life of each of the Group’s items of property, plant and equipment is estimated based on the period over which the asset is expected to be available for use. Such estimation is based on a collective assessment of practices of similar businesses, internal technical evaluation, experience with similar assets and application of judgment as to when the assets become available for use and the commencement of the depreciation charge.The estimated useful life of each asset is reviewed periodically and updated if expectations differ from previous estimates due to physical wear and tear, technical or commercial obsolescence and legal or other limits on the use of the asset. Any change in the estimated useful life or depreciation method will be accounted for prospectively | |
| Disclosure of summary of significant accounting policies [abstract] | | |
| Description of accounting policy for employees' terminal benefits [text block] | Employee' defined benefits liabilities Defined benefit obligations to employees are determined using actuarial valuation processes. An actuarial valua-tion involves making various assumptions, which may differ from actual developments in the future. These in-clude the determination of the discount rate, future salary increases, mortality rates and future pension increases. Due to the complexity of the valuation, the underlying assumptions and its long-term nature, a defined benefit obligation (“DBO”) is highly sensitive to changes in these assumptions. All assumptions are reviewed at each reporting period. | |
| Description of accounting policy for zakat [text block] | A-Zakat statusThe Company and its subsidiaries submitted separate zakat declarations to Zakat, Tax and Customs Authority (ZATCA) for all the year till end of the year ended on 31 December 2023 and obtained the final zakat certificate valid until 30 April 2025.Staring from 2020, the Company and subsidiaries (Saudi Transport and Investment Company “Mubarrad” and Batic Real Estate Company) submitted a consolidated Zakat declaration. Batic Investments and Logistics The Company received the final Zakat assessments that have been agreed with ZATCA for the years from 2008 to 2020 and the differences were paid, and the zakat assessments were closed for these years.On 20 June 2023, the Company received a request for additional information to examine the zakat declaration for the years 2021 and 2022. The required information was delivered to ZATCA, and the final assessment was issued for the company on August 21, 2024, with an amount of SAR 3,489,138. The company filed an objection for SAR 3,045,081, which represents the contested portion. On June 9, 2024, the company received a request for additional information to review the zakat declaration for the year 2023, and the required information was submitted to the authority. As of the date of the financial statements, the final assessment for 2023 has not been issued.Arab Security & Safety Services Company (AMNCO)The Company received the final Zakat assessments and settled them with ZATCA for the years up to 2018.Saudi Transport and Investment Company (Mubarrad)The Company received the final Zakat assessments and settled them with ZATCA for the years from 2018 up to 2020.On 20 June 2023, the Company received a request for additional information to examine the zakat declaration for the years 2021 and 2022 within the consolidated declaration. The required information was delivered to ZATCA, and the assessment is settled through the parent company. On June 9, 2024, the company received a request for additional information to review the zakat declaration for the year 2023, and the required information was submitted to the authority. As of the date of the financial statements, the final assessment for 2023 has not been issued.Batic Real EstateThe Company received the final zakat assessment and was settled with ZATCA for the year 2020.On June 20, 2023, the company received a request for additional information to review the zakat declaration for the years 2021 and 2022 as part of the consolidated declaration. The required information was submitted to the authority, and the assessment is settled through the parent company.On June 9, 2024, the company received a request for additional information to review the zakat declaration for the year 2023, and the required information was submitted to the authority. As of the date of the financial statements, the final assessment for 2023 has not been issued.AMNCO Facility Management The Company received the final Zakat assessments and settled them with ZATCA for the years up to 2021.SMART Cities Solutions The Company received the final Zakat assessments and settled them with ZATCA for the year 2021. | |
| Description of accounting policy for segment reporting [text block] | 17SEGMENT INFORMATIONThe Group's management has defined the operational segments based on the reports reviewed by the Board of Directors on the basis of which strategic decisions are taken. For administrative purposes, the Group is organized into 8 business units based on their services, and the following are the operating segments of the Group:Real estate investment segmentThe real estate segment is represented in buying and selling lands and constructing buildings on them and invest-ing them by sale or rent for the Group’s entities and third development parties, establishing and operating com-mercial and industrial projects.Transportation segmentThe transport segment is represented in the transportation of goods and missions for a fee on the Kingdom's land roads, car and trailer rental services, rental of cold stores, fuel stations and maintenance workshops, and the pur-chase, sale and maintenance of equipment and machinery related to road transport. 17SEGMENT INFORMATION (CONTINUED) Security guards’ segmentIt includes providing security guards and shift services to banks and companies.ATM feedingIt includes feeding and maintenance services for banks' ATMs.Insurance money transfer, Counting and sorting of money and correspondence segment.It includes transportation and insurance services for the transfer of money and valuables money counting and sorting services and postal correspondence.Facility management segmentIt includes maintenance and operation of buildings, property management and marketing for othersSmart parking segmentIt includes rent parking to others.Medical equipment supply segmentIt includes the supply of medical equipment to medical entities and institutions.Management monitors the operating results of its business units separately for the purpose of making decisions regarding resource allocation and performance assessment. Segment performance is evaluated based on profit or loss from operations and is measured consistently with operating profit or loss in the interim condensed consoli-dated financial statements. | |
| Description of accounting policy for accounting of leases [text block] | Determining the lease term of contract with extension and termination options – Group as lessee The Group determines the lease term as the non-cancellable term of the lease, together with any periods covered by an option to extend the lease if it is reasonably certain to be exercised, or any periods covered by an option to ter-minate the lease, if it is reasonably certain not to be exercised. The Group has several lease contracts that include extension and termination options. The Group applies judgement in evaluating whether it is reasonably certain whether or not to exercise the option to renew or terminate the lease. That is, it considers all relevant factors that create an economic incentive for it to exercise either the renal or termi-nation. After the commencement date, the Group reassesses the lease term if there is a significant event or change in circumstances that is within its control and affects its ability to exercise or not to exercise the option to renew or to terminate (e.g., construction of significant leasehold improvements or significant customization to the leased asset). | |
| Disclosure of new and amended standards and interpretations [text block] | NEW STANDARDS ISSUED, AND STANDARDS ISSUED AND EFFECTIVE Following are the standards and amendments effective on 1 January 2024 or after (unless otherwise stated): Amendments and interpretations-Amendments to IAS 16: Lease Liability in a Sale and Leaseback.-Amendments to IAS 7 and IFRS 7: Disclosures: Supplier Finance Arrangements-Amendments to IAS 1: Classification of Liabilities as Current and Non-current Liabilities with CovenantsThe new standards had no impact on the Group’s consolidated financial statements.The Group has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective.NEW STANDARDS ISSUED, AND STANDARDS ISSUED BUT NOT YET EFFECTIVEThere are new and amended standards and interpretations that are issued, but not yet effective, up to the date of issuance of the Group’s interim condensed financial statements as listed. -Amendments to IAS (21): Lack of exchangeability-1 January 2025-Amendments to IFRS (9) and IFRS (7): Classification and Measurement of Financial Instruments-1 January 2026-IFRS 18: Presentation and Disclosure in Financial Statements – Replac-es IAS (1) Presentation of Financial Statements. -1 January 2027-IFRS (19) - Subsidiaries without Public Accountability: Disclosures-1 January 2027-Amendments to IFRS (10) and IAS (28): Sale or Contribution of Assets between an Investor and its Associate or Joint Venture-The effective date of this amendment is postponed in-definitely.The Group intends to adopt this amendment, if applicable, when becomes effective. This amendment will have no impact on the interim condensed consolidated financial statements of the Group | |
| Disclosure of other notes forming part of accounts [abstract] | | |
| Disclosure of risk management [abstract] | | |
| Disclosure of liquidity risk [text block] | 20LIQUIDITY RISK AND GOING CONCERN Liquidity risk is the risk that the Group will encounter difficulty in raising funds to meet commitments associated with financial instruments. Liquidity risk may result from an inability to sell a financial asset quickly at an amount close to its fair value The management believes that the Group has ability to meet its obligation as:The Group manages its liquidity risk by ensuring that bank borrowing facilities from multiple banks are available (note 10).The Group operates in diversified industries (see note 15). Management has made an assessment of the Group’s ability to continue as a going concern and is satisfied that the Group has the resources and borrowing facilities from multiple banks to continue in business for the foreseeable future. Moreover, management is not aware of any mate-rial uncertainties that may cast significant doubt upon the Group’s ability to continue as going concern. Therefore, these condensed consolidated interim financial statements have been prepared on a going concern basis. | |
| Disclosure of subsequent events [text block] | 23SUBSEQUENT EVENTSOn October 31, 2024, the group, through BATIC Real Estate Company (a wholly owned subsidiary), completed the procedures for purchasing and transferring ownership of a property, consisting of a set of newly constructed warehouses on land measuring 16,000 square meters in Riyadh, with a total value of SAR 39.5 million (excluding VAT and brokerage fees).On October 8, 2024, the group, through BATIC Real Estate Company (a wholly owned subsidiary), signed an Is-lamic-compliant credit facility agreement with a local bank for a total amount of SAR 27.9 million.BATIC Company subscribed to the capital increase of Smart City Solutions for Communication and Information Technology (a closed joint-stock subsidiary) from SAR 1,187,030 to SAR 31,190,000. This subscription resulted in an increase in BATIC's ownership from 88.40% of the total issued shares to 97.85% of the total issued shares. All regulatory procedures and amendments were completed during the fourth quarter of 2024.Other than the abovementioned, no events have arisen subsequent to 30 September 2024 and before the issuance of the interim condensed consolidated financial statements that could have a significant effect on the interim con-densed consolidated financial statements as at 30 September 2024. | |
| Disclosure of commitments and contingencies [text block] | 21CONTINCENT LIABILITIES AND CAPITAL COMMITMENTSAs at 30 September 2024, the Group has contingent liabilities in the form of bank guarantees uncovered in amount of SR 19 million issued in the normal course of business (31 December 2023: SR 17.8 million). The Group also has capital commitments amounted to SR 18 million as at 30 September 2024 (31 December 2023: SR 28 million) mainly represent contracts for the purchase of property, equipment, and systems for the Group | |
| Disclosure of comparative figures and restatements [text block] | COMPARATIVESCertain comparative period amounts have been reclassified for purpose of better presentation. However, the effect of those reclassification was not significant | |
| Disclosure of board of director's approval of the financial statements [text block] | 24APPROVAL OF THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTSThe interim Condensed Consolidated Financial Statements were approved by the Board of Directors on 4 Jumada al-Ula 1446H (corresponding to 6 November 2024). | |
