Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment

  • Balance sheet on 30/6/2024 compared to previous year 

    Value in L.E.   
    Statement 30/6/2023 30/6/2024
         
    Assets    
    Non current assets    
    Fixed assets 36.627.524.71  35.459.048.35
    Investment in real estate 220.458.279.08  215.579.890.20
    Investment in shares in subsidiaries 2.402.400.831.44  2.402.400.831.44
    Investment in other companies 886.417.663.36  916.417.916.97
    Investment in Bonds 3.007.804.42  3.007.804.42
    Investment funds 238.051.836.49 238.051.836.49 
    Total Non current assets 3.786.963.939.50   3.810.917.327.87
         
    Current Assets    
    Inventory 151.959.56 504.244.50 
    Finished products inventory 5.606.968.438.11  5.969.691.335.71
    Accounts receivable and loans to related parties    
    Current accounts for subsidiaries 3.569.374.195.01  4.107.454.942.14 
    Financial liquidity for subsidiaries 3.103.995.701.95  3.264.860.667.92
    Accrued revenues 28.179.374.01  17.025.095.49
    Prepaid Expenses  16.824.92 16.824.92
    Insurance  288.181.07   288.181.07
    ِAssets sale 36.601.622.47 35.401.622.47 
    Customers, Accounts Receivable    
    Customers  320.511.974.51  399.320.038.13 
    Receivables 262.217.463.00  197.040.686.00 
    Other Receivables  1.515.748.493.61  621.187.931.10
    Bank Deposits 355.203.801.50  298.413.801.50 
    Cash in hand& banks  150.216.058.68  1.209.072.842.40 
    Irregular Accounts    
    Suppliers 768.242.55  2.444.474.90 
    Tax Authority 52.660.525.22  52.660.525.22 
    Credit accounts  785.225.74  1.323.682.19
         
    Total current assets 15.003.688.081.91   16.176.706.895.66
    Total assets 18.790.652.021.41  19.987.624.223.53
         
    Equity    
    Paid up capital 2.500.000.000.00 2.500.000.000.00 
    Legal reserve   577.064.947.72 660.223.989.77 
    Statutory reserve  1.489.457.114.59  1.489.457.114.59
    Capital reserve 77.744.196.99  78.155.241.51 
    Other reserves 2.133.048.716.46  2.133.047.010.56 
    Retained Earnings (losses) 4.426.302.128.74  4.817.770.338.91
    Profit/ loss before distribution -  -
    Total equity  11.203.617.104.50   11.678.653.695.34
         
    Non current liabilities    
    Long term provisions 101.687.429.94  144.908.604.71
    Deferred tax liabilities  2.079.994.65  2.086.068.87
    Total non current liabilities  103.767.424.59   146.994.673.58
         
    Current liabilities    
    Provision for disputed taxes  100.000.000.00   100.000.000.00  
    Claims& disputes  100.000.000.00   100.000.000.00  
    Other provisions   1.384.203.454.94  1.903.747.875.85
    Credit banks   589.702.832.62 626.652.325.27 
    Suppliers & Accounts payable    
    Suppliers  10.683.589.27  10.545.001.32
    Credit Accounts    
    Other credit accounts  4.170.238.407.45 4.230.373.711.51
    Tax Authority  36.566.662.65  113.402.062.67 
    Social insurance  723.298.24 570.406.77 
    Dividends  770.512.780.85 803.955.292.73 
    Accrued expenses  9.928.768.18 9.905.649.09 
    Revenues collected in advance  22.338.60  22.338.60
    Profit on deferred installment sales 173.853.270.25  116.569.601.99
    Insurance  11.681.615.61  11.741.965.61
    Irregular Accounts    
    Customers  124.965.667.84  109.043.944.89 
    Current accounts for subsidiaries  182.358.76 25.441.531.25 
    Other debit accounts  2.447.06  4.147.06 
         
    Total current liabilities  7.483.267.492.32   8.161.975.854.61
    Total equity & liabilities  18.790.652.021.41   19.987.624.223.53
         

     

  • Income Statement for the fiscal year 2023/2024

    Value in L.E.    
    Statement 2022/2023 2023/2024
    Revenues    
    Sales of finished products 64.047.659.03  231.101.483.45
    Allowable deduction  (90.170.42)  (537.814.76)
    Securities revenues 847.192.863.62  2.008.558.971.66
    Installment profits  84.578.085.99 67.722.004.58
    Sold services 59.600.873.52 89.638.497.10
    Total Revenues   1.055.329.311.74  2.396.483.142.03
         
    Less (cost of activity)    
    Cost of production   (212.133.721.72)   (252.929.229.20)  
    Marketing costs   (870.561.81)    (787.769.38) 
    Cost of Revenue   (213.004.283.53)    (253.716.998.58) 
    Gross profit / loss  842.325.028.21  2.142.766.143.45
    Add:    
    Profit from sold securities   22.400.00  -
    Currency exchange gains  500.579.59 13.597.653.54
    Capital profits 2.081.095.50  411.044.52
    Investment Revenues in joint ventures  90.590.773.90 98.542.194.00
    Other profits/ revenues 149.525.315.24  28.461.408.37
    Less    
    Administrative Expenses    
    General & Administrative  Expenses (1.957.201.45)    (2.776.473.27)    
    Other Administrative Expenses    
    Provisions (323.100.000.00)     (650.570.875.85)  
    Provisions no longer required  47.160.000.00  66.026.454.94
    Capital losses   (10.681.20)   (2.702.50)  
    Compensation and Penalties from Lawsuits (11.850.649.37)    (13.163.745.22)   
    Expenses of previous years (85.591.23)       (330.00) 
    Add:    
    Credit interests 46.855.546.05  56.455.560.99
    Less:    
    Debit Interests  (224.510.04)  -
    Net profit (loss) before Tax  841.832.105.20  1.739.746.332.97
    Income tax - (76.148.373.24)   
    Deferred tax   (244.583.04)     (6.074.22) 
    Net Profit   841.587.522.16 1.663.591.885.51

     

  • Value in L.E. Thousand
    Indicator 2018/2019 2019/2020 2020/2021 2021/2022 2022/2023
    Net Operating Revenue 641446 978762 1027528 2128761 1055329
    Net Income 651684 881037 1229272 1603924 841587
    Total Investment 7954461 8622475 9633080 10991095 11534498
    Warking Capital 5129274 5482727 6306772 6781460 7747534

    Net Operating Revenue

    Value in L.E. Thousand

    Net Income

    Value in L.E. Thousand

    Total Investment

    Value in L.E. Thousand

    Warking Capital

    Value in L.E. Thousand

  • Investment Indicators of subsidiaries for fiscal year 2022/2023 compared to previous year

    Value in thousand L.E.
    Statement 2022/2023 2021/2022  increase/ decrease evolution rate
    Return on investments in subsidiaries 0.69 1.54    
    Net profit 958722 2202291 (1243569) (80%)
    Paid up capital 2507933 3461704 (953771) (37%)
    Total Investment Financing 8856634 8816562 40072 01%
    Long Term Investments 1630974 1534955 96019 07%
    Investments in subsidiaries 1391525 1429003 (37478) (03%)
    Credit interest 64240 143051 (78811) (24%)
    Loans from the Holding company 2270133 510621 1759512 1.446%
    Loans from Holding company,banks, others 2400790 2476337 (75547) (03%)


© Copyright 2016 HCCD
The Holding Company for Construction & Development