Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment
  • Quarter Balance Sheet

    Balance sheet on 30/6/2020 compared to previous year 

    Value in L.E.   
    Statement 30/6/2019 30/6/2020
         
    Assets    
    Non current assets    
    Fixed assets 32.761.625.950 24.622.309.570
    Projects in progress 999.569.050 999.569.050
    Investment in real estate 282.667.270.220 359.039.150.220
    Investment in subsidiaries 2.094.057.979.010 2.231.829.236.430
    Investment in other companies 170.602.268.800 292.197.193.610
    Investment in Bonds 2.998.804.420 2.998.804.420
    Investment funds 236.090.088.800 238.051.836.490
    Investment in housing bonds 9.000.000  9.000.000 
    Investment in treasury bills 5.000.000.000 0
    Total non current assets 2.825.186.606.250 3.149.747.099.790
         
    Current Assets    
    Inventory 488.415.060 399.547.560 
    Stock of finished products 104.345.364.660 2.757.306.141.820 
    Customers 365.607.623.420 390.895.933.740 
    Notes receivable 11.233.250 0
    Other accounts in subsidiaries 4.842.180.501.350 5.706.501.659.420
    Debit accounts in organizations& authorities 295.260.370 384.156.130 
    Accrued revenue 89.053.732.660 97.004.275.410 
    Prepaid expenses 110.318.620 99.230.690
    Liquidity of subsidiaries 3.659.059.744.750 2.549.608.851.200
    Insurance 325.182.380 305.932.380
    Other debit accounts 2.074.976.647.930 1.061.865.647.260 
    Sold assets 39.001.622.470 39.001.622.470 
    Cash in banks 261.052.355.410 262.304.275.870
    Abnormal costs    
    Suppliers 1.890.411.560 294.750.000 
    Tax Authority 69.448.479.220 69.448.479.220 
    Credit accounts 167.146.940 1.454.311.990 
         
    Total current assets 11.508.014.040.050 12.936.874.815.160 
    Total assets 14.333.200.646.300 16.086.621.914.950 
         
    Equity    
    Paid up capital 1.635.676.700.000 1.635.676.700.000 
    Legal reserve 349.481.271.140 349.481.271.140 
    Statutory reserve 1.313.557.919.690 1.313.557.919.690 
    Capital reserve 73.596.625.870 73.596.625.870 
    Other reserves  2.696.612.023.600 2.624.891.493.160 
    Retained profits(losses) 1.833.889.481.700  1.817.467.274.740
    Profit/ loss before distribution  0.000  881.037.069.750
    Total equity  7.902.814.022.000 8.695.708.354.350 
         
    Non current liabilities    
    Long term provisions 50.385.887.200  46.667.162.640 
    Deferred tax liabilities  1.261.254.330 1.383.074.620
    Total non current liabilities  51.647.141.530 48.050.237.260 
         
    Current liabilities    
    Disputed tax provision  35.000.000.000  70.000.000.000 
    Claims& disputes 80.000.000.000  80.000.000.000
    Other provisions  1.809.170.749.390 2.023.118.749.390 
    Credit banks  143.882.742.620 173.894.736.980 
    Suppliers 18.242.553.720  13.924.083.090
    Tax Authority 80.038.847.570  137.822.026.020
    Social insurance  1.121.694.270 71.252.680
    Dividends  431.056.624.010 425.423.982.670 
    Accrued expenses  26.070.568.960 9.935.135.720 
    Prepaid revenues  22.147.200 22.242.900 
    Profit on deferred installment sales  293.919.494.390 318.174.690.330 
    Insurance 18.610.356.310  12.080.761.810 
    Other credit accounts 3.245.614.788.600  3.942.585.454.120 
    Abnormal accounts    
    Customers 40.458.371.100  35.011.430.510 
    Other accounts in subsidiaries  155.525.018.200 100.798.777.120 
    Other debit accounts  5.526.430 0
         
    Total current liabilities  6.378.739.482.770 7.342.863.323.340 
    Total equity & liabilities 14.333.200.646.300  16.086.621.914.950
         
  • Quarter Income Statement

    Income Statement from 1/7/2019 to 30/6/2020

    Value in L.E.    
    Statement From 1/7/2018 to 30/6/2019 From 1/7/2019 to 30/6/2020
    Activity revenue    
    Total sales 16.290.664.350 40.492.471.260
    Permitted deduction -571.767.250 -594.493.080
    Income securities 524.742.882.390 865.602.427.460
    Installment profits 100.983.775.100 73.261.296.560
    Sold services  0 0
      641.445.554.590 978.761.702.200
         
    Deducted (cost of activity)    
    Cost of production -183.615.607.270 -194.709.921.650
    Marketing costs -628.131.120 -191.854.950
    Cost of activity revenue -184.243.738.390 -194.901.776.600
         
    Gross profit / loss 457.201.816.200 783.859.925.600
    Added    
         
    Credit interests 62.515.400.590 51.263.899.670
    Profit on sold securities 0.000 121.604.584.810
    Deducted    
    Administrative Expenses    
    Capital profits 1.081.973.190 1.541.095.270
    Investment income in joint venture companies 50.390.642.550 122.645.151.500
    Other profits/ revenues 152.357.346.490 107.960.512.040
    Administrative and general expenses -1.360.260.070 -1.315.080.060
    Other administrative expenses    
    Provisions -94.495.000.000 -294.107.000.000
    Provisions no longer required 72.365.000.000 45.168.000.000
    Capital losses -1.051.040 0
    Currency exchange losses -207.255.230 -105.102.140
    Compensation -2.363.464.430 -2.357.096.650
         
    Net profit (loss) before tax 697.485.148.250 936.158.890.040
     Income tax  -45.419.000.000  -55.000.000.000
    Deferred tax  -381.864.330 -121.820.290
         
    Net Profit  651.684.283.920 881.037.069.750
  • Value in L.E. Thousand
    Indicator 2015/2016 2016/2017 2017/2018 2018/2019 2019/2020
    Net Operating Revenue 544112 668493 760940 641446 978762
    Net Income 688863 680802 725191 651684 881037
    Total Investment 5163396 5691905 7374478 7954461 8743758
    Warking Capital 2868775 3256107 4654727 5129275 5594012

    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 2019/2020 compared to previous year

    Value in thousand L.E.
    Statement 2019/2020 2018/2019  increase/ decrease evolution rate
    Return on investments in subsidiaries 0.89 0.93    
    Net profit 1154689 690332 464357 67%
    Paid up capital 2499271 1828575 670696 37%
    Total Investment Financing 6731334 8032283 (1300949) (16)%
    Long Term Investments 1485428 1294441 190987 15%
    Investments in subsidiaries 1291813 740183 551630 75%
    Credit interest 141599 147041 (5442) (0.4)%
    Loans from the Holding company 759103 1915676 (1156573)  (60)%
    Loans from Holding company,banks, others 3308609 2180158 1128451  52%