Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment

  • Balance sheet on 30/6/2021 compared to previous year 

    Value in L.E.   
    Statement 30/6/2020 30/6/2021
         
    Assets    
    Non current assets    
    Fixed assets 24.622.309.570 35.856.347.060
    Projects in progress 999.569.050  
    Investment in real estate 359.039.150.220 359.024.926.220
    Investment in subsidiaries 2.231.829.236.430 2.398.409.641.430
    Investment in other companies 292.197.193.610 291.956.651.110
    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 0 0
    Total non current assets 3.149.747.099.790 3.326.307.206.730 
         
    Current Assets    
    Inventory 399.547.560  164.527.560
    Stock of finished products 2.757.306.141.820  5.624.584.398.590
    Customers 390.895.933.740  353.586.671.470
    Other accounts in subsidiaries 8.256.110.510.620 5.934.011.890.980 
    Debit accounts in organizations& authorities 384.156.130   403.823.130
    Accrued revenue 97.004.275.410  8.203.428.210 
    Prepaid expenses 99.230.690  207.977.210
    Insurance 305.932.380 288.181.070 
    Other debit accounts 1.061.865.647.260   344.339.045.580
    Sold assets 39.001.622.470   39.001.622.470
    Cash in banks 262.304.275.870 400.197.404.020 
    Abnormal costs    
    Suppliers 294.750.000  244.750.000 
    Tax Authority 69.448.479.220   66.808.479.220
    Credit accounts 1.454.311.990  599.918.680 
         
    Total current assets 12.936.874.815.160  12.772.642.118.190 
    Total assets 16.086.621.914.950  16.098.949.324.920 
         
    Equity    
    Paid up capital 1.635.676.700.000   1.635.676.700.000 
    Legal reserve 393.456.069.860 393.456.069.860  
    Statutory reserve 1.489.457.114.590 1.489.457.114.590  
    Capital reserve 75.137.721.140 75.137.721.140  
    Other reserves 2.624.891.493.160  2.624.891.570.460  
    Retained profits(losses) 2.365.805.420.600 2.313.086.641.900 
    Profit/ loss before distribution    1.229.272.190.940 
    Total equity 8.584.424.519.350 9.760.978.008.890  
         
    Non current liabilities    
    Long term provisions 46.667.162.640  50.145.302.830  
    Deferred tax liabilities 1.383.074.620 1.517.199.770 
    Total non current liabilities 48.050.237.260  51.662.502.600  
         
    Current liabilities    
    Disputed tax provision 70.000.000.000  70.000.000.000  
    Claims& disputes 80.000.000.000  80.000.000.000 
    Other provisions 2.023.118.749.390   1.315.304.820.390 
    Credit banks 173.894.736.980  394.835.905.440 
    Suppliers 13.924.083.090  12.008.670.340 
    Tax Authority 137.822.026.020  160.741.652.910 
    Social insurance 71.252.680 718.600.760  
    Dividends 536.707.817.670  377.716.534.880
    Accrued expenses 9.935.135.720   9.272.512.600 
    Prepaid revenues 22.242.900   22.338.600 
    Profit on deferred installment sales 318.174.690.330  273.909.354.030  
    Insurance 12.080.761.810  13.715.168.510  
    Other credit accounts 3.942.585.454.120  3.532.832.912.410 
    Abnormal accounts    
    Customers 35.011.430.510   45.119.310.420 
    Other accounts and liquidity of subsidiaries  100.798.777.120  110.712.140  
    Other debit accounts 0  320.000 
         
    Total current liabilities 7.454.147.158.340 6.286.308.813.430  
    Total equity & liabilities 16.086.621.914.950  16.098.949.324.920
         

  • Income Statement from 1/7/2020 to 30/6/2021

    Value in L.E.    
    Statement From 1/7/2019 to 30/6/2020 From 1/7/2020 to 30/6/2021
    Activity revenue    
    Total sales 40.492.471.26 41.793.765.86
    Permitted deduction (594.493.08) (267.603.12)
    Income on securities 865.602.427.46 897.374.869.89
    Installment profits 73.261.296.56 67.494.652.55
    Sold services 0 21.132.900.59
      978.761.702.20 1.027.528.585.77
         
    Deducted (cost of activity)    
    Cost of production (194.709.921.65) (210.675.597.90)
    Marketing costs (191.854.95) (281.992.95)
    Cost of activity revenue (194.901.776.60) (210.957.590.85)
         
    Gross profit / loss 783.859.925.60 816.570.994.92
         
    Credit interests 51.263.899.67 26.047.872.38 
    Profit on sold securities 121.604.584.81 229.567.85 
    Investment income in joint venture companies 122.645.151.50  121.373.767.41
    Capital profits  1.541.095.27 525.380.35
    Other profits/ revenues  107.960.512.04 348.286.632.82
    Deducted    
    Administrative Expenses    
    Administrative and general expenses (1.315.080.06) 1.863.575.35
    Other administrative expenses    
    Provisions (294.107.000.00) (280.000.000.00)
    Provisions no longer required 45.168.000.00 273.644.000.00
    Capital losses 0  
    Currency exchange losses (105.102.14) (125.456.79)
    Compensation (2.357.096.65) (5.282.867.50)
         
    Net profit (loss) before tax 936.158.890.040 1.299.406.316.090 
     Income tax (55.000.000.00) (70.000.000.00)
    Deferred tax (121.820.29) (134.125.15)
         
    Net Profit 881.037.069.75 1.229.272.190.94 
  • Value in L.E. Thousand
    Indicator 2016/2017 2017/2018 2018/2019 2019/2020 2020/2021
    Net Operating Revenue 668493 760940 641446 978762 1027528
    Net Income 680802 725191 651684 881037 1229272
    Total Investment 5691905 7374478 7954461 8622475 9812640
    Warking Capital 3256107 4654727 5129275 5482728 6486333

    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 2020/2021 compared to previous year

    Value in thousand L.E.
    Statement 2020/2021 2019/2020  increase/ decrease evolution rate
    Return on investments in subsidiaries 1.17 0.89    
    Net profit 1546255 1154689 391566 34%
    Paid up capital 2599271 2499271 100000 0.4%
    Total Investment Financing 6860250 6731334 128916 0.2%
    Long Term Investments 1443101 1485428 (42327) (0.3%)
    Investments in subsidiaries 1317201 1291813 25.388 0.2%
    Credit interest 325026 141599 183.427 130%
    Loans from the Holding company 121655 759103 (637448)  (84%)
    Loans from Holding company,banks, others 2452317 3308609 (856292)  (26%)


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The Holding Company for Construction & Development