Holding Company for Construction & Development

Financial status

Balance Sheet
Income Statement
Indicators
Investment

  • Quarter Balance Sheet

    Balance sheet on 30/6/2019 compared to previous year 

    Value in L.E.   
    Statement 30/6/2018 30/6/2019
         
    Assets    
    Non current assets    
    Fixed assets 45.315.166.490 32.761.625.950
    Projects in progress 2.555.545.050 999.569.050
    Investment in real estate 259.215.331.680 282.667.270.220
    Investment in subsidiaries 2.023.747.299.440 2.094.057.979.010
    Investment in other companies 168.352.268.800 170.602.268.800
    Investment in Bonds 2.998.804.420 2.998.804.420
    Investment funds 212.557.605.980 236.090.088.800
    Investment in housing bonds 9.000.000  9.000.000 
    Investment in treasury bills  5.000.000.000 5.000.000.000
    Total non current assets  2.719.751.021.860 2.825.186.606.250
         
    Current Assets    
    Inventory 399.117.380  488.415.060
    Stock of finished products 5.992.242.830  104.345.364.660
    Customers 450.404.373.590  365.607.623.420
    Notes receivable 135.583.058.290  11.233.250
    Other accounts in subsidiaries 5.039.257.955.850  4.842.180.501.350
    Debit accounts in organizations& authorities 232.171.270  295.260.370
    Accrued revenue  80.454.443.800 89.053.732.660
    Prepaid expenses  213.121.120 110.318.620
    Liquidity of subsidiaries  3.094.485.534.490 3.659.059.744.750
    Insurance  211.182.380 325.182.380
    Other debit accounts  1.969.434.628.090 2.074.976.647.930
    Sold assets 39.001.622.470  39.001.622.470
    Cash in banks  181.361.535.320 261.052.355.410
    Abnormal costs    
    Suppliers  1.707.968.730 1.890.411.560
    Tax Authority  54.448.479.220 69.448.479.220
    Credit accounts  404.916.260 167.146.940
         
    Total current assets 11.053.592.351.090  11.508.014.040.050
    Total assets 13.773.343.372.950  14.333.200.646.300
         
    Equity    
    Paid up capital 1.590.063.900.000   1.635.676.700.000
    Legal reserve 316.951.155.600 349.481.271.140
    Statutory reserve 1.183.437.457.540 1.313.557.919.690
    Capital reserve 72.514.652.680 73.596.625.870
    Other reserves 2.656.345.257.800  2.696.612.023.600
    Retained profits(losses) 1.505.394.960.750 1.833.889.481.700 
    Profit/ loss before distribution 0.000   0.000 
    Total equity 7.324.707.384.370  7.902.814.022.000
         
    Non current liabilities    
    Long term provisions 48.891.877.210  50.385.887.200 
    Deferred tax liabilities  879.390.000  1.261.254.330
    Total non current liabilities 49.771.267.210   51.647.141.530
         
    Current liabilities    
    Disputed tax provision  35.000.000.000   35.000.000.000 
    Claims& disputes 130.000.000.000  80.000.000.000 
    Other provisions  1.737.449.800.000  1.809.170.749.390
    Credit banks  100.000.000.000  143.882.742.620
    Suppliers  19.786.483.720 18.242.553.720 
    Tax Authority  63.346.425.560 80.038.847.570 
    Social insurance 745.821.480   1.121.694.270
    Dividends 314.311.262.370  431.056.624.010
    Accrued expenses 13.562.375.540   26.070.568.960
    Prepaid revenues  37.547.410  22.147.200
    Profit on deferred installment sales 373.862.347.910   293.919.494.390
    Insurance  7.013.455.960 18.610.356.310 
    Other credit accounts 3.353.487.030.390  3.245.614.788.600 
    Abnormal accounts    
    Customers 21.082.206.160  40.458.371.100 
    Other accounts in subsidiaries 229.179.108.570   155.525.018.200
    Other debit accounts 856.300   5.526.430
         
    Total current liabilities 6.398.864.721.370  6.378.739.482.770
    Total equity & liabilities 13.773.343.372.950  14.333.200.646.300 
         

  • Quarter Income Statement

    Income Statement from 1/7/2018 to 30/6/2019

    Value in L.E.    
    Statement Comparative year From 1/7/2018 to 30/6/2019
    Activity revenue    
    Net sales  50.480.824.830 16.290.664.350
    Permitted deduction -62.524.650  -571.767.250
    Income securities  663.199.243.460 524.742.882.390
    Installment profits  47.260.292.000 100.983.775.100
    Sold services    
       760.877.835.640 641.445.554.590
         
    Deducted (cost of activity)    
    Cost of production  -164.543.881.910 -183.615.607.270
    Marketing costs  -379.145.160 -628.131.120
    Cost of activity revenue  -164.923.027.070 -184.243.738.390
         
    Gross profit / loss 595.954.808.570  457.201.816.200
    Added    
         
    Credit interests 74.930.936.500  62.515.400.590
    Profit on sold securities  26.002.785.390 0.000
    Deducted    
    Administrative Expenses    
    Profit of waste sale  8.500.000  0.000
    Profit of exchange rate  -7.116.660 0.000
    Previous years revenues 0.000   
    Capital profits  739.031.990  1.081.973.190
    Investment income in joint venture companies 37.928.674.270  50.390.642.550
    Other profits/ revenues 41.674.658.760  152.357.346.490
    Administrative and general expenses -1.650.538.560  -1.360.260.070
    Other administrative expenses    
    Provisions -94.620.000.000  -94.495.000.000
    Provisions no longer required 74.166.233.640  72.365.000.000
    Capital losses 0.000   -1.051.040
    Currency exchange losses 0.000   -207.255.230
    Compensation -1.719.500.370  -2.363.464.430
    Financial structures reform 0.000   
         
    Net profit (loss) before tax  753.408.473.530 697.485.148.250
         
    Deferred tax -117.029.000   -381.864.330
    Income tax -28.100.000.000   -45.419.000.000
         
    Net Profit  725.191.444.530  651.684.283.920
  • 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%


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The Holding Company for Construction & Development