Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment

  • Balance sheet on 30/6/2022 compared to previous year 

    Value in L.E.   
    Statement 30/6/2021 30/6/2022
         
    Assets    
    Non current assets    
    Fixed assets 35.856.347.060 37.627.566.960
    Investment in real estate 359.024.926.220 307.599.348.050
    Investment in subsidiaries 2.398.409.641.430 3.299.329.987.550
    Investment in other companies 291.956.651.110 324.018.852.930
    Investment in Bonds 2.998.804.420 2.998.804.420
    Investment funds 238.051.836.490 238.051.836.490
    Investment in housing bonds 9.000.000  9.000.000 
    Investment in treasury bills    
    Total non current assets 3.326.307.206.730   4.209.635.396.400
         
    Current Assets    
    Inventory 164.527.560 192.267.560
    Stock of finished products 5.624.584.398.590  4.789.500.133.090
    Customers 353.586.671.470  424.427.285.280
    Receivables 0 225.000.000.000
    Other accounts in subsidiaries 4.023.069.267.970 3.781.383.379.750
    Debit accounts in organizations& authorities  403.823.130 0
    Accrued revenue 8.203.428.210  18.862.240.740
    Prepaid expenses  207.977.210 94.447.380
    Lliquidity of subsidiaries 1.910.942.623.010 2.455.899.265.100
    Insurance 288.181.070  298.181.070
    Other debit accounts  344.339.045.580 865.573.044.460
    Sold assets  39.001.622.470 37.801.622.470 
    Cash in banks 400.197.404.020  577.782.688.680 
    Abnormal costs    
    Suppliers 244.750.000   244.750.000 
    Tax Authority  66.808.479.220  52.660.525.220
    Credit accounts 599.918.680   624.268.740
         
    Total current assets 12.772.642.118.190  13.230.344.099.540 
    Total assets 16.098.949.324.920   17.439.979.495.940 
         
    Equity    
    Paid up capital  1.635.676.700.000   1.635.676.700.000  
    Legal reserve 454.893.410.390  454.893.410.390 
    Statutory reserve 1.489.457.114.590    1.489.457.114.590  
    Capital reserve 75.663.101 75.663.101 
    Other reserves 2.624.891.570.460   2.312.263.337.460 
    Retained profits(losses) 3.300.835.613.140   3.363.180.448.750
    Profit/ loss before distribution 0  1.603.924.327.650
    Total equity 9.581.417.510.070  10.935.058.440.330
         
    Non current liabilities    
    Long term provisions 50.145.302.830    54.201.556.990 
    Deferred tax liabilities 1.517.199.770   1.835.411.610
    Total non current liabilities 51.662.502.600    56.036.968.600
         
    Current liabilities    
    Disputed tax provision 70.000.000.000    100.000.000.000 
    Claims& disputes  80.000.000.000    100.000.000.000 
    Other provisions  1.315.304.820.390  1.464.467.835.000 
    Credit banks 394.835.905.440    450.681.550.360
    Suppliers  12.008.670.340   9.772.366.560
    Tax Authority  160.741.652.910  147.614.568.320 
    Social insurance 718.600.760     999.661.750
    Dividends 557.277.033.700  369.962.159.720
    Accrued expenses  9.272.512.600   9.292.307.140
    Prepaid revenues  22.338.600   22.338.600  
    Profit on deferred installment sales 273.909.354.030   256.355.361.660 
    Insurance 13.715.168.510   13.364.907.060 
    Other credit accounts 3.532.832.912.410  3.457.780.610.080 
    Abnormal accounts    
    Customers  45.119.310.420   68.364.759.450
    Other accounts and liquidity of subsidiaries  110.712.140    204.214.250
    Other debit accounts  320.000  1.447.060 
         
    Total current liabilities 6.465.869.312.250   6.448.884.087.010
    Total equity & liabilities  16.098.949.324.920   17.439.979.495.940
         

     

  • Income Statement from 1/7/2021 to 30/6/2022

    Value in L.E.    
    Statement From 1/7/2020 to 30/6/2021 From 1/7/2021 to 30/6/2022
    Activity revenue    
    Total sales 41.793.765.86 876.832.896.61
    Permitted deduction (267.603.12) (155.720.39)
    Income on securities 897.374.869.89

    1.205.985.375.09
    Installment profits 67.494.652.55 29.992.753.75
    Sold services 21.132.900.59 16.105.488.00
      1.027.528.585.77 2.128.760.793.06
         
    Deducted (cost of activity)    
    Cost of production (210.675.597.90) (187.659.126.73) 
    Marketing costs (281.992.95) (327.089.15)  
    Cost of activity revenue (210.957.590.85)  (187.986.215.88)  
         
    Gross profit / loss 816.570.994.92 1.940.774.577.18
         
    Credit interests 26.047.872.38  55.545.823.16 
    Profit on sold securities 229.567.85  0
    Currency exchange gains   959.474.27
    Capital profits 525.380.35  
    Investment income in joint venture companies 121.373.767.41 20.032.168.00
    Other profits/ revenues 348.286.632.82  87.001.744.63
    Deducted    
    Administrative Expenses    
    Interest /financing expenses   (39.066.286.58)
    Administrative and general expenses (1.863.575.35) (2.400.007.02)
    Other administrative expenses    
    Provisions (280.000.000.00) (284.707.000.00)  
    Provisions no longer required 273.644.000.00 60.100.020.39 
    Capital losses    (5.420.25) 
    Currency exchange losses (125.456.79) 0
    Compensation (5.282.867.50) (7.131.003.82)  
    Expenses of previous years   (19.693.018.00)   
    Unusual losses   (95.523.575.28)  
    Net profit (loss) before tax 1.299.406.316.090   1.715.887.496.680
     Income tax (70.000.000.00) (111.644.957.19) 
    Deferred tax (134.125.15)  (318.211.84) 
         
    Net Profit 1.229.272.190.94   1.603.924.327.65

     

  • Value in L.E. Thousand
    Indicator 2017/2018 2018/2019 2019/2020 2020/2021 2021/2022
    Net Operating Revenue 760940 641446 978762 1027528 2128761
    Net Income 725191 651684 881037 1229272 1603924
    Total Investment 7374478 7954461 8622475 9633080 10991095
    Warking Capital 4654727 5129275 5482728 6306773 6781460

    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 2021/2022 compared to previous year

    Value in thousand L.E.
    Statement 2021/2022 2020/2021  increase/ decrease evolution rate
    Return on investments in subsidiaries 1.54 1.17    
    Net profit 2202291 1546255 656036 42%
    Paid up capital 3461704 2599271 862433 33%
    Total Investment Financing 8816562 6860250 1956312 29%
    Long Term Investments 1534955 1443101 91854 06%
    Investments in subsidiaries 1429003 1317201 111802 08%
    Credit interest 143051 325026 (181975) (56%)
    Loans from the Holding company 510621 121655 388966 320%
    Loans from Holding company,banks, others 2476337 2452317 24020 01%


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The Holding Company for Construction & Development