Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment
  • Quarter Balance Sheet

    Balance sheet on 30/6/2018 compared to previous year 

    Value in L.E.   
    Statement 30/6/2017 30/6/2018
         
    Assets    
    Non current assets    
    Fixed assets 39,760,491.720 45.315.166.490
    Projects in progress 20,787,279.700 2.555.545.050
    Investment in real estate 209,041,189.880 259.215.331.680
    Investment in subsidiaries 1,848,747,299.440 2.023.747.299.440
    Investment in other companies 119,790,031.670 168.352.268.800
    Investment in Bonds 2,569,883.420 2.998.804.420
    Investment funds 195,092,130.570 212.557.605.980
    Investment in housing bonds 9,000.000 9.000.000 
    Investment in treasury bills    5.000.000.000
    Total non current assets 2,435,797,306.400  2.719.751.021.860
         
    Current Assets    
    Inventory 212,719.560 399.117.380 
    Stock of finished products 5,608,663.630 5.992.242.830 
    Customers 240,052,321.750 450.404.373.590 
    Notes receivable 8,033,785.750 135.583.058.290 
    Other accounts in subsidiaries 4,868,490,231.130 5.039.257.955.850 
    Debit accounts in organizations& authorities 175,755.200 232.171.270 
    Accrued revenue 72,806,803.570  80.454.443.800
    Prepaid expenses 97,471.540  213.121.120
    Liquidity of subsidiaries 2,708,233,751.790  3.094.485.534.490
    Insurance 254,752.380  211.182.380
    Other debit accounts 1,854,163,707.110  1.969.434.628.090
    Sold assets 39,001,622.470 39.001.622.470 
    Cash in banks 455,072,723.220  181.361.535.320
    Abnormal costs    
    Suppliers 9,782,174.830  1.707.968.730
    Tax Authority 51,598,867.220  54.448.479.220
    Credit accounts 154,817.710  404.916.260
         
    Total current assets 10,313,740,168.860 11.053.592.351.090 
    Total assets 12,749,537,475.260 13.773.343.372.950 
         
    Equity    
    Paid up capital 1,590,063,900.000 1.590.063.900.000  
    Legal reserve 272,342,949.980  280.728.534.600
    Statutory reserve 1.029.951.913.270  1.038.546.974.540
    Capital reserve 63,200,725.650 71.775.621.680 
    Other reserves 2,477,490,741.650  2.610.351.646.270
    Retained profits(losses) 232,072,667.290 1.123.079.709.750 
    Profit/ loss before distribution 0.000 725.191.444.530 
    Total equity 5.665.122.897.840  7.439.737.831.370
         
    Non current liabilities    
    Long term provisions 26,019,626.220 48.891.877.210 
    Deferred tax liabilities 762,361.000  879.390.000
    Total non current liabilities 26,781,987.220 49.771.267.210 
         
    Current liabilities    
    Disputed tax provision 35,000,000.000  35.000.000.000 
    Claims& disputes 151,000,000.000 130.000.000.000 
    Other provisions 1,690,389,800.000  1.737.449.800.000
    Credit banks 100,000,000.000  100.000.000.000
    Suppliers 1,959,931.890  19.786.483.720
    Tax Authority 73,573,895.160  63.346.425.560
    Social insurance 501,849.540 745.821.480 
    Dividends 249.127.470.670 199.280.815.370 
    Accrued expenses 3,113,797.640 13.562.375.540 
    Prepaid revenues 109,698.930  37.547.410
    Profit on deferred installment sales 184,535,341.290 373.862.347.910 
    Insurance 4,983,753.060  7.013.455.960
    Other credit accounts 4,193,288,126.520 3.353.487.030.390 
    Abnormal accounts    
    Customers 16,258,866.190 21.082.206.160 
    Other accounts in subsidiaries 353,774,317.380 229.179.108.570 
    Other debit accounts 15,741.930 856.300 
         
    Total current liabilities 7.057.632.590.200  6.283.834.274.370
    Total equity & liabilities 12,749,537,475.260 13.773.343.372.950 
         
  • Quarter Income Statement

    Income Statement from 1/7/2017 to 30/6/2018

    Value in L.E.    
    Statement Comparative year From 1/7/2017 to 30/6/2018
    Activity revenue    
    Net sales 6,695,552.600  50.480.824.830
    Permitted deduction -31,898.550 -62.524.650 
    Income securities 605,571,038.000  663.199.243.460
    Installment profits 56,188,379.000  47.260.292.000
    Sold services 69,750.00  
      668,492,821.050  760.877.835.640
         
    Deducted (cost of activity)    
    Cost of production -139,265,239.470  -164.543.881.910
    Marketing costs -356,129.850  -379.145.160
    Cost of activity revenue -139,621,369.320  -164.923.027.070
         
    Gross profit / loss 528,871,451.730 595.954.808.570 
    Added    
         
    Credit interests 77,493,420.010 74.930.936.500 
    Profit on sold securities 22,666,720.850  26.002.785.390
    Deducted    
    Administrative Expenses    
    Profit of waste sale 78,000.000  8.500.000 
    Profit of exchange rate 641,975.840  -7.116.660
    Previous years revenues 0.000 0.000 
    Capital profits 27,739.920  739.031.990 
    Investment income in joint venture companies 51,102,444.360 37.928.674.270 
    Other profits/ revenues 51,973,473.110 41.674.658.760 
    Administrative and general expenses -1,848,156.780 -1.650.538.560 
    Other administrative expenses    
    Provisions -130,599,000.000 -94.620.000.000 
    Provisions no longer required 124,415,000.000 74.166.233.640 
    Capital losses 0.000 0.000  
    Previous years expenses 0.000 0.000  
    Compensation -4,282,109.850 -1.719.500.370 
    Financial structures reform 0.000 0.000 
         
    Net profit (loss) before tax 720,540,959.190  753.408.473.530
         
    Deferred tax   -117.029.000 
    Income tax -39,739,000.000 -28.100.000.000 
         
    Net Profit 680,801,959.190  725.191.444.530
  • Value in L.E. Thousand
    Indicator 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018
    Net Operating Revenue 306170 356959 544112 668493 760878
    Net Income 335170 394805 688863 680802 725191
    Total Investment 3863452 3966058 5128972 5854883 7439738
    Warking Capital 709283 107199 1015757 3445868 4719987

    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 2017/2018 compared to previous year

    Value in thousand L.E.
    Statement 2017/2018 2016/2017 2015/2016  increase/ decrease evolution rate
    Return on investments in subsidiaries 0.91% 1.02% 1.34% (0.11)  
    Net profit 962922 1089280 744610 (126358) (11.60)%
    Paid up capital 1828575 1562075 1452075 266500 17.06%
    Total Investment Financing 5901917 6309981 6098537 (408064) (6.47)%
    Long Term Investments 1105440 1110641 946336 (5201) (0.47)%
    Investments in subsidiaries 1058925 1063683 555372 (4758) (0.45)%
    Loans granted to subsidiaries 3094485 2156698 1637063 937787 43.48%
    Credit interest 150918 122526 134081 28392 23.17%