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TRANSPORT& INVESTMENT BARTER COMPANY Financial

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.20 0.22 0.38
Value Traded (JD) 1,536,669 2,769,295 15,337,086
No. of Shares Traded 6,830,437 8,108,433 31,067,107
No. of Transactions 3,916 3,779 11,769
No. of Subscribed Shares 13,915,000 13,915,000 13,915,000
Market Capitalization (JD) 2,783,000 3,061,300 5,287,700
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 38,367 48,393 224,982
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 797,188 891,846 0
Spare Parts 0 0 1,049,986
Total Current Assets 3,816,363 4,661,246 6,348,674
Long Term Investments 67,809 107,809 147,809
Fixed Assets, Net 6,387,353 7,168,365 8,305,147
Lands 1,089,684 1,089,684 1,428,978
Projects in Progress 0 0 0
Total Fixed Assets 7,477,037 8,258,049 9,734,125
Other Assets 761,375 1,477,374 1,278,720
Total Assets 12,122,584 14,504,478 17,509,328

Liabilities (JD)

2019 2018 2017
Credit Banks 1,070,755 1,241,370 1,350,554
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 2,386,544 2,187,676 2,400,984
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 280,893 285,315 347,240
Total Liabilities 2,667,437 2,472,991 2,748,224

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 13,915,000 13,915,000 13,915,000
Subscribed Capital 13,915,000 13,915,000 13,915,000
Paid in Capital 13,915,000 13,915,000 13,915,000
Compulsory Reserves 1,063,218 1,063,218 1,063,218
Voluntary Reserve 12,844 12,844 12,844
Other Reserves 0 0 0
Purchase of Non-controlling interest differences 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value 0 0 0
Retained Earnings -5,535,915 -2,959,575 -229,958
Total Shareholders Equity 9,455,147 12,031,487 14,761,104
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 12,122,584 14,504,478 17,509,328

Income Statement (JD)

2019 2018 2017
Operating Revenues 4,677,858 5,213,581 6,669,539
Operating Expenses 4,394,621 4,855,308 5,261,361
Gross Profit 283,237 358,273 1,408,178
General and Administrative Expenses 472,587 545,085 623,188
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 850,808 888,690 872,833
Other Operating Expenses 850,808 888,690 872,833
Net Operational Income -1,040,158 -1,075,502 -87,843
Other Revenues 0 24,315 67,294
Other Expenses 1,415,492 1,547,265 40,000
Income Before Interest & Tax -2,455,650 -2,598,452 -60,549
Interest Expenses 120,690 131,165 169,409
Net Income Before Tax -2,576,340 -2,729,617 -229,958
Income Tax (period) 0 0 0
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -2,576,340 -2,729,617 -229,958
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -2,576,340 -2,729,617 -229,958

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 48,393 224,982 331,652
Net Cash Flow from (Used in) Operating Activities 236,699 -394,321 881,983
Net Cash Flow from (Used in) Investing Activities -71,688 388,841 -1,676
Net Cash Flow from (Used in) Financing Activities -175,037 -171,109 -986,977
Cash Balance (Ending) 38,367 48,393 224,982

Financial Ratios

2019 2018 2017
Turnover Ratio % 49.087 58.271 223.263
Earning Per Share (JD) -0.185 -0.196 -0.017
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.680 0.865 1.061
Price Earnings Ratio (Times) -1.080 -1.122 -22.994
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earning Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 0.2943 0.2544 0.3582
Gross Margin % 6.055 6.872 21.114
Margin Before Interest and Tax % -52.495 -49.840 -0.908
Profit Margin % -55.075 -52.356 -3.448
Return On Assets % -21.252 -18.819 -1.313
Return On Equity % -27.248 -22.687 -1.558
Debt Ratio % 22.004 17.050 15.696
Equity Ratio % 77.996 82.950 84.304
Interest Coverage Ratio (Times) -20.347 -19.811 -0.357
Total Assets Turnover (Times) 0.386 0.359 0.381
Fixed Assets Turnover (Times) 0.626 0.631 0.685
Working Capital Turnover (Times) 3.272 2.108 1.690
Current Ratio (Times) 1.599 2.131 2.644
Working Capital (JD) 1,429,819.000 2,473,570.000 3,947,690.000