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INT'L ARABIAN DEVELOPMENT AND INVESTMENT TRADING CO. Financial

Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.20 0.34 0.38
Value Traded (JD) 311,913 1,238,549 304,275
No. of Shares Traded 1,156,123 3,124,702 747,025
No. of Transactions 923 2,090 903
No. of Subscribed Shares 7,000,000 7,000,000 7,000,000
Market Capitalization (JD) 1,400,000 2,380,000 2,660,000
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Current Assets
Cash on Hand & at Banks 1,558 1,275 500
Financial Assets at Fair Value Through Profit 0 9,841 12,025
Real Estate Ready for Sale 2,992,782 0 0
Cheques to Be Collected 42,328 36,140 37,215
Other Current Assets 3,355 5,119 4,795
Total Current Assets 3,519,419 177,908 102,716
Non-Current Assets
Investments in Real Estates 4,192,924 4,302,793 2,978,695
Financial Assets at Fair Value Through Other Comprehensive Income 0 28,000 51,000
Fixed Assets, Net 10,134 14,415 34,665
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 0 3,378,837 4,745,914
Total Non-Current Assets 4,203,058 7,724,045 7,810,274
Total Assets 7,722,477 7,901,953 7,912,990

Liabilities (JD)

2018 2017 2016
Current Liabilities
Credit Banks 503,961 504,463 425,129
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 120,000 120,000 263,760
Other Current Liabilities 2,112,217 104,604 58,750
Total Current Liabilities 3,044,997 890,471 821,695
Non-Current Liabilities
Long Term Loan 835,356 888,389 782,256
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 835,356 888,389 782,256
Total Liabilities 3,880,353 1,778,860 1,603,951

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 7,000,000 7,000,000 7,000,000
Subscribed Capital 7,000,000 7,000,000 7,000,000
Paid in Capital 7,000,000 7,000,000 7,000,000
Compulsory Reserves 265,148 265,148 265,148
Voluntary Reserve 244,466 244,466 244,466
Other Reserves 229,967 229,967 229,967
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 -110,000 -87,000
Retained Earnings -3,897,457 -1,506,488 -1,343,542
Total Owners' Equity (Pertaining to Company's Shareholders) 3,842,124 6,123,093 6,309,039
Non-controlling Interest 0 0 0
Total Owners' Equity 3,842,124 6,123,093 6,309,039
Total Liabilities & Owners' Equity 7,722,477 7,901,953 7,912,990

Income Statement (JD)

2018 2017 2016
Revenues
Lands and Apartments Sales Revenue 0 0 0
Rents and Services Revenue 170,140 199,818 200,048
Real Estate Revaluation 0 0 0
Total Operating Revenues 170,140 199,818 200,048
Profits From Sales of Securities -125,279 0 0
Securities Revaluation 0 -2,184 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 14,840 17,806 0
Total Revenues 59,701 215,440 200,048
Expenses
Lands and Apartments Sales Expense 0 0 0
Rents and Services Expense 84,486 82,869 79,659
General and Administrative Expenses 164,097 140,088 168,129
Depreciation 57,045 60,642 53,865
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 13,726 7,849
Total Operating Expenses 248,583 236,683 255,637
Other Expenses 2,049,143 0 3,835
Profit Before Interest, Income Tax and Fees Expenses -2,238,025 -21,243 -59,424
Interest Expense 143,005 141,703 88,002
Profit Before Tax and Fees Expenses -2,381,030 -162,946 -147,426
Jordanian Universities Fees 0 0 0
Scientific Research Fees 0 0 0
Professional and Technical Training and Education Fees 0 0 0
Board Members Remuneration 0 0 0
Previous Years Income Tax 0 0 0
Income Tax 0 0 0
Net Profit -2,381,030 -162,946 -147,426
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -2,381,030 -162,946 -147,426

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 1,275 500 500
Net Cash Flow from (Used in) Operating Activities -426,744 -29,793 -125,184
Net Cash Flow from (Used in) Investing Activities 480,562 -11,139 -728,380
Net Cash Flow from (Used in) Financing Activities -53,535 41,707 853,564
Cash Balance (Ending) 1,558 1,275 500

Financial Ratios

2018 2017 2016
Turnover Ratio % 16.52 44.64 10.67
Earnings Per Share (JD) -0.34 -0.02 -0.02
Dividends Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 0.55 0.87 0.90
Price Earnings Ratio (Times) -0.59 -14.61 -18.04
Dividend Yield % 0.00 0.00 0.00
Dividends Per Share to Earnings Per Share % 0.00 0.00 0.00
Price to Book Value (Times) 0.36 0.39 0.42
Return On Assets % -30.83 -2.06 -1.86
Return On Equity % -61.97 -2.66 -2.34
Debt Ratio % 50.25 22.51 20.27
Equity Ratio % 49.75 77.49 79.73
Interest Coverage Ratio (Times) -15.65 -0.15 -0.68
Total Assets Turnover (Times) 0.02 0.03 0.03
Fixed Assets Turnover (Times) 16.79 13.86 5.77
Working Capital Turnover (Times) 0.36 -0.28 -0.28
Current Ratio (Times) 1.16 0.20 0.13
Working Capital (JD) 474,422.00 -712,563.00 -718,979.00