1、unlockingIntroductionSafetyAccountabilityCitizenshipExcellenceIntegrityOur VisionAramcos vision is to be the worlds preeminent integrated energy and chemicals company,operating in a safe,sustainable and reliable manner.Our ValuesBy living our values and prioritizing sound business practices,we consi
2、stently achieve high levels of performance and efficiency delivering value not only for our Company,but for our customers,partners,and the communities in which we operate.Our MissionAramco strives to provide reliable,affordable,and more sustainable energy to communities around the world,and to deliv
3、er value to its shareholders through business cycles by maintaining its preeminence in oil and gas production and its leading position in chemicals,aiming to capture value across the energy value chain and profitably growing its portfolio.For more information on our values,visit: are Aramco,one of t
4、he worlds largest integrated energy and chemicals companiesSAUDI ARAMCO|ANNUAL REPORT 2023017.Consolidated financial statementsIndependent auditors report.154Consolidated statement of income.162Consolidated statement ofcomprehensive income.163Consolidated balance sheet.164Consolidated statement of c
5、hanges in equity.165Consolidated statement of cash flows.166Notes to the consolidatedfinancial statements.1671.Aramco overview and strategyHistory.06 Chairmans message.08President and CEOs message.102023 highlights.12Business model.14Aramcos operations.16Business overview.18Market overview.19Strateg
6、y.202.Results and performanceKey 2023 metrics.28CFOs message .30Financial performance.32Upstream.40Downstream.48Corporate.603.SustainabilityAramcos approach.64Four areas of focus.66 Climate change and the energy transition.66 Safe operations and people development.68 Minimizing environmental impact.