Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment
  • Statement of Financial position for year 2024/2025 

    Value in L.E.   
    Statement 2023/2024 2024/2025
         
    Assets    
    Non current assets    
    Fixed assets  35.459.048  40.468.000
    Real estate Investment   215.579.890  214.062.000
    Investment in shares of subsidiaries  2.402.400.831  2.402.401.000
    Investment in other companies  916.417.917 916.418.000 
    Investment in Bonds  3.007.804 2.999.000 
    Investment funds 238.051.836 238.061.000 
    Total Non current assets   3.810.917.328 3.814.409.000 
         
    Current Assets    
    Inventory 504.245  438.000 
    Finished goods inventory  5.969.691.336  5.560.547.000
    Accounts receivable and loans to related parties    
    Current accounts for subsidiaries  4.107.454.942   4.559.729.000
    Cash liquidity of subsidiaries  3.264.860.668  3.642.929.000
    Accrued revenues  17.025.095  28.469.000
    Prepaid Expenses  16.825  17.000
    Insurance   288.181 288.000 
    ِAssets sale 35.401.622 36.601.000 
    Customers, Accounts Receivable    
    Customers  399.320.038  702.509.000
    Receivables  197.040.686 75.039.000 
    Other Receivables  621.187.931 1.542.180.000 
    Bank Deposits 298.413.802  290.204.000
    Cash on hand& banks  1.209.072.842  733.338.000
    Irregular Accounts    
    Suppliers  2.444.475  0
    Tax Authority  52.660.525 52.661.000 
    Credit accounts  1.323.682  0
         
    Total current assets   16.176.706.896 17.224.949.000 
    Total assets  19.987.624.224 21.039.358.000 
         
    Equity    
    Paid up capital 2.500.000.000 2.500.000.000  
    Legal reserve 660.223.990   577.065.000 
    Statutory reserve  1.489.457.115  0
    Capital reserve  78.155.242   77.744.000 
    Other reserves  2.133.047.011  3.622.505.000  
    Retained Earnings (losses)  4.817.770.339 5.784.358.000  
    Profit/ loss   0   1.560.898.000
    Total equity   11.678.653.695  14.122.570.000 
         
    Non current liabilities    
    Long term provisions  144.908.605   102.717.000
    Deferred tax liabilities  2.086.069  2.081.000 
    Total non current liabilities   146.994.674  104.798.000 
         
    Current liabilities    
    Provision for disputed taxes  100.000.000     100.000.000 
    Claims& disputes  100.000.000   100.000.000 
    Other provisions  1.903.747.876   1.734.204.000
    Credit banks 626.652.325  300.703.000 
    Suppliers & Accounts payable    
    Suppliers  10.545.001  9.403.000 
    Credit Accounts    
    Other credit accounts 4.230.373.712 4.080.481.000  
    Tax Authority  113.402.063    93.987.000
    Social insurance 570.407   462.000 
    Dividends 803.955.293   145.290.000 
    Accrued expenses 9.905.649   7.662.000 
    Revenues collected in advance  22.339   22.000
    Profit on deferred installment sales  116.569.602  227.965.000 
    Insurance  11.741.966 11.811.000  
    Irregular Accounts    
    Customers  109.043.945
    Current accounts for subsidiaries 25.441.531 
    Other debit accounts  4.147  0
         
    Total current liabilities   8.161.975.855  6.811.990.000 
    Total equity & liabilities   19.987.624.224   21.039.358.000
         

     

  • Income Statement for the fiscal year 2024/2025

    Value in L.E.    
    Statement 2023/2024 2024/2025
    Activity Revenues    
    Sales of finished goods  231.101.483 298.122.000
    Allowable deduction  (537.815) (1.064.000)
    Securities revenues  2.008.558.972 1.441.556.000
    Installment profits 67.722.005 39.000.000
    Sold services 89.638.497 28.100.000
    Total Activity Revenues  2.396.483.142  1.805.714.000
         
    Less (cost of activity)    
    Cost of production  (252.929.229)   (186.808.000)
    Marketing costs   (787.769)   (1.015.000) 
    Cost of Activity Revenue   (253.716.999)    (187.823.000) 
    Gross profit / loss  2.142.766.143  1.617.891.000
    Add:    
    Profit from sold securities  -  
    Currency exchange gains 13.597.654  
    Capital profits  411.045 200.000 
    Investment Revenues in joint ventures 98.542.194  97.941.000
    Other profits/ revenues  28.461.408 63.890.000 
    Less    
    Administrative Expenses    
    General & Administrative  Expenses (2.776.473)      (2.950.000)   
    Other Administrative Expenses    
    Provisions (650.570.876)   (350.000.000)    
    Provisions no longer required  66.026.455  
    Capital losses (2.703)    
    Litigation Compensation and Penalties  (13.163.745)     (24.000.000)  
    Expenses of previous years  (330)   
    Add:    
    Credit interests 56.455.561  215.345.000
    Less:    
    Debit Interests -  
    Net profit (loss) before Tax  1.739.746.333  1.618.317.000
    Income tax (76.148.373)     (57.419.000)  
    Deferred tax   (6.074)   
    Net Profit 1.663.591.886 1.560.898.000 

     

  • Value in L.E. Thousand
    Indicator 2019/2020 2020/2021 2021/2022 2022/2023 2023/2024
    Net Operating Revenue 978762 1027528 2128761 1055329 2396483
    Net Income 881037 1229272 1603924 841587 1663591
    Total Investment 8622475 9633080 10991095 11534498 12112932
    Warking Capital 5482727 6306772 6781460 7747534 8302015

    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 2024/2025 compared to previous year

    Value in thousand L.E.
    Statement 2024/2025 2023/2024 Increase/ Decrease Growth Rate
    Return on investments in subsidiaries 13.81 0.69    
    Net profit 3745140 10032545 (6287405) (62.67%)
    Paid up capital 2941704 2607933 333771 12.80%
    Total Investment Financing 27110203 8794162 18316041 208.28%
    Long Term Investments 2374246 1822554 551692 30.27%
    Investments in subsidiaries 1183148 1470770 (287622) (19.56%)
    Credit interest 1090997 143960 947037 657.85%
    Loans from the Holding company 2212203 2078276 133927 (6.44%)
    Loans from Holding company,banks, others 13505178 6446342 7058836 109.50%