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HIGH PERFORMANCE REAL ESTATE INVESTMENTS Financial

Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.25 0.42 0.44
Value Traded (JD) 92,351 312,017 921,969
No. of Shares Traded 246,079 779,288 2,381,168
No. of Transactions 547 1,752 1,789
No. of Subscribed Shares 12,000,000 12,000,000 12,000,000
Market Capitalization (JD) 3,000,000 5,040,000 5,280,000
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Current Assets
Cash on Hand & at Banks 11,094 8,573 3,378
Financial Assets at Fair Value Through Profit 2,420 2,420 2,420
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 0 0 0
Total Current Assets 299,138 291,730 286,361
Non-Current Assets
Investments in Real Estates 7,761,725 7,761,725 7,761,725
Financial Assets at Fair Value Through Other Comprehensive Income 19,500 19,500 19,500
Fixed Assets, Net 5 5 106
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 2,246,596 2,248,783 2,252,014
Other Non-Current Assets 0 0 0
Total Non-Current Assets 10,027,826 10,030,013 10,033,345
Total Assets 10,326,964 10,321,743 10,319,706

Liabilities (JD)

2018 2017 2016
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 144,170 127,219 110,407
Total Current Liabilities 407,972 305,375 195,404
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 0 0 0
Total Liabilities 407,972 305,375 195,404

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 12,000,000 12,000,000 12,000,000
Subscribed Capital 12,000,000 12,000,000 12,000,000
Paid in Capital 12,000,000 12,000,000 12,000,000
Compulsory Reserves 75,180 75,180 75,180
Voluntary Reserve 0 0 0
Other Reserves 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 -83,224 -83,224 -83,456
Retained Earnings -2,072,964 -1,975,588 -1,867,422
Total Owners' Equity (Pertaining to Company's Shareholders) 9,918,992 10,016,368 10,124,302
Non-controlling Interest 0 0 0
Total Owners' Equity 9,918,992 10,016,368 10,124,302
Total Liabilities & Owners' Equity 10,326,964 10,321,743 10,319,706

Income Statement (JD)

2018 2017 2016
Revenues
Lands and Apartments Sales Revenue 0 0 9,181
Rents and Services Revenue 14,260 12,677 16,212
Real Estate Revaluation 0 0 0
Total Operating Revenues 14,260 12,677 25,393
Profits From Sales of Securities 0 0 0
Securities Revaluation 0 0 2,420
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit -2,187 -3,463 -5,355
Other Revenues 0 0 0
Total Revenues 12,073 9,214 22,458
Expenses
Lands and Apartments Sales Expense 0 0 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 109,449 117,279 120,442
Depreciation 0 101 1,501
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 101 1,501
Total Operating Expenses 109,449 117,380 121,943
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -97,376 -108,166 -99,485
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -97,376 -108,166 -99,485
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 -97,376 -108,166 -99,485
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -97,376 -108,166 -99,485

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 8,573 3,378 5,560
Net Cash Flow from (Used in) Operating Activities 2,521 5,195 -52,583
Net Cash Flow from (Used in) Investing Activities 0 0 50,401
Net Cash Flow from (Used in) Financing Activities 0 0 0
Cash Balance (Ending) 11,094 8,573 3,378

Financial Ratios

2018 2017 2016
Turnover Ratio % 2.05 6.49 19.84
Earnings Per Share (JD) -0.01 -0.01 -0.01
Dividends Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 0.83 0.83 0.84
Price Earnings Ratio (Times) -30.81 -46.60 -53.07
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) 0.30 0.50 0.52
Return On Assets % -0.94 -1.05 -0.96
Return On Equity % -0.98 -1.08 -0.98
Debt Ratio % 3.95 2.96 1.89
Equity Ratio % 96.05 97.04 98.11
Interest Coverage Ratio (Times) 0.00 0.00 0.00
Total Assets Turnover (Times) 0.00 0.00 0.00
Fixed Assets Turnover (Times) 2,852.00 2,535.40 239.56
Working Capital Turnover (Times) -0.13 -0.93 0.28
Current Ratio (Times) 0.73 0.96 1.47
Working Capital (JD) -108,834.00 -13,645.00 90,957.00