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 42.726.289
    Real estate Investment   215.579.890 142.325.215
    Investment in shares of subsidiaries  2.402.400.831 4.093.830.831
    Investment in other companies  916.417.917 958.790.997
    Investment in Bonds  3.007.804 3.007.804
    Investment funds 238.051.836 238.051.836
    Total Non current assets   3.810.917.328 5.478.732.973
         
    Current Assets    
    Inventory 504.245  731.794
    Finished goods inventory  5.969.691.336 5.321.516.781
    Accounts receivable and loans to related parties    
    Current accounts for subsidiaries  4.107.454.942  5.570.269.119
    Cash liquidity of subsidiaries  3.264.860.668 2.784.909.818 
    Accrued revenues  17.025.095 5.426.752 
    Prepaid Expenses  16.825 16.825 
    Insurance   288.181  288.181 
    ِAssets sale 35.401.622  34.201.622
    Customers, Accounts Receivable    
    Customers  399.320.038 366.051.651 
    Receivables  197.040.686  178.551.185
    Other Receivables  621.187.931 969.692.571 
    Bank Deposits 298.413.802 60.528.887 
    Cash on hand& banks  1.209.072.842 335.687.802 
    Irregular Accounts    
    Suppliers  2.444.475 438.097
    Tax Authority  52.660.525 52.660.525
    Credit accounts  1.323.682 1.683.697
    Total current assets   16.176.706.896 15.682.655.308
    Total assets  19.987.624.224 21.161.388.281
         
    Equity    
    Paid up capital 2.500.000.000 2.500.000.000 
    Legal reserve 660.223.990  660.223.990
    Statutory reserve  1.489.457.115 1.489.457.115
    Capital reserve  78.155.242   78.155.242
    Other reserves  2.133.047.011  2.133.053.407
    Retained Earnings (losses)  4.817.770.339 4.793.864.257
    Profit/ loss   0 2.209.982.518
    Total equity   11.678.653.695 13.864.736.528
         
    Non current liabilities    
    Long term provisions  144.908.605 147.745.735
    Deferred tax liabilities  2.086.069 2.283.460
    Total non current liabilities   146.994.674 150.029.195
         
    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 2.234.470.000
    Credit banks 626.652.325 939.247
    Suppliers & Accounts payable    
    Suppliers  10.545.001 10.502.092
    Credit Accounts    
    Other credit accounts 4.230.373.712 4.086.606.644
    Tax Authority  113.402.063  39.581.652
    Social insurance 570.407  1.161.437
    Dividends 803.955.293  205.813.948
    Accrued expenses 9.905.649  35.023.985
    Revenues collected in advance  22.339 22.339
    Profit on deferred installment sales  116.569.602 88.442.100
    Insurance  11.741.966 11.820.198
    Income Tax for Fiscal Year 0 144.753.207
    Irregular Accounts    
    Customers  109.043.945 82.345.081
    Current accounts for subsidiaries 25.441.531  5.067.529
    Other debit accounts  4.147 73.097
    Total current liabilities   8.161.975.855 7.146.622.557
    Total equity & liabilities   19.987.624.224 21.161.388.281
         

     

  • Income Statement for the fiscal year 2024/2025

    Value in L.E.    
    Statement 2023/2024 2024/2025
    Activity Revenues    
    Sales of finished goods  231.101.483 404.047.141
    Allowable deduction  (537.815) (1.383.333)
    Securities revenues  2.008.558.972 2.209.004.834
    Installment profits 67.722.005 29.004.313
    Sold services 89.638.497 109.022.349
    Total Activity Revenues  2.396.483.142 2.749.695.304
         
    Less (cost of activity)    
    Cost of production  (252.929.229)   (263.972.750)
    Marketing costs   (787.769)   (586.712) 
    Cost of Activity Revenue   (253.716.999)    (264.559.463) 
    Gross profit / loss  2.142.766.143 2.485.135.841
    Add:    
    Currency exchange gains 13.597.654 1.405.270  
    Capital profits  411.045 75.200 
    Investment Revenues in joint ventures 98.542.194 147.841.373
    Other profits/ revenues  28.461.408 58.479.062
    Less    
    Administrative Expenses    
    General & Administrative  Expenses (2.776.473)      (2.181.141)   
    Other Administrative Expenses    
    Provisions (650.570.876)   (400.000.000)
    Provisions no longer required  66.026.455  5.607.000 
    Extraordinary Losses  0  21.042.875
    Capital losses (2.703)  
    Litigation Compensation and Penalties  (13.163.745)     (109.701.992)  
    Expenses of previous years  (330) 
    Donations& Subsidies 0  (2.000.000)  
    Add:    
    Credit interests 56.455.561 191.315.378
    Less:    
    Debit Interests 0
    Net profit (loss) before Tax  1.739.746.333 2.354.933.116
    Income tax (76.148.373)     (144.753.207)  
    Deferred tax   (6.074)    (197.392)   
    Net Profit 1.663.591.886 2.209.982.518

     

  • Value in L.E. Thousand
    Indicator 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025
    Net Operating Revenue 1027528 2128761 1055329 2396483 2749695
    Net Income 1229272 1603924 841587 1663591 2209982
    Total Investment 9633080 10991095 11534498 12112932 14014766
    Warking Capital 6306772 6781460 7747534 8302015 8536033

    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%