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AL-TAHDITH FOR REAL ESTATE INVESTMENTS COMPANY Financial

Trading Information in the Regular Market

2021 2020 2019
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.66 0.80 0.56
Value Traded (JD) 15,540,159 4,797,189 2,755,702
No. of Shares Traded 13,272,299 7,835,948 5,108,894
No. of Transactions 11,321 5,900 3,934
No. of Subscribed Shares 2,300,000 2,300,000 2,300,000
Market Capitalization (JD) 6,118,000 1,840,000 1,288,000
Fiscal Year Ended 31/12/2021 31/12/2020 31/12/2019

Assets (JD)

2021 2020 2019
Current Assets
Cash on Hand & at Banks 11,845 71,829 128
Financial Assets at Fair Value Through Profit 0 0 0
Real Estate Ready for Sale 0 0 0
Receivables from Related Parties 16,602 22,305 26,025
Cheques to Be Collected 297,886 297,885 0
Other Current Assets 9,413 3,871 3,871
Total Current Assets 595,644 546,725 236,338
Non-Current Assets
Investments in Real Estates 9,000 9,000 375,536
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 1,578,507 1,808,554 1,858,755
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 21,000 21,000 21,000
Total Non-Current Assets 1,608,507 1,838,554 2,255,291
Total Assets 2,204,151 2,385,279 2,491,629

Liabilities (JD)

2021 2020 2019
Current Liabilities
Credit Banks 0 23,570 72,378
Short Term Loans 0 39,614 45,794
Current Part of Long Term Loans 0 0 0
Accounts Payable to Related Parties 0 0 0
Post Dated Cheques 0 0 35
Other Current Liabilities 34,618 42,736 67,010
Total Current Liabilities 36,454 108,049 188,146
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 36,454 108,049 188,146

Shareholders Equity (JD)

2021 2020 2019
Authorized Capital 2,300,000 2,300,000 2,300,000
Subscribed Capital 2,300,000 2,300,000 2,300,000
Paid in Capital 2,300,000 2,300,000 2,300,000
Compulsory Reserves 127,614 127,614 127,614
Voluntary Reserve 6,302 6,302 6,302
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 0 0 0
Retained Earnings -266,219 -156,686 -130,433
Total Owners' Equity (Pertaining to Company's Shareholders) 2,167,697 2,277,230 2,303,483
Non-controlling Interest 0 0 0
Total Owners' Equity 2,167,697 2,277,230 2,303,483
Total Liabilities & Owners' Equity 2,204,151 2,385,279 2,491,629

Income Statement (JD)

2021 2020 2019
Revenues
Lands and Apartments Sales Revenue 0 0 0
Rents and Services Revenue 75,431 37,716 151,272
Real Estate Revaluation 0 0 0
Total Operating Revenues 75,431 37,716 151,272
Profits From Sales of Securities 0 0 0
Securities Revaluation 0 0 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 0 65,375 1,726
Total Revenues 75,431 103,091 152,998
Expenses
Lands and Apartments Sales Expense 0 0 0
Rents and Services Expense 68,194 0 0
General and Administrative Expenses 36,110 117,691 92,125
Depreciation 68,194 74,614 81,788
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 48,052 0 81,788
Total Operating Expenses 152,356 117,691 173,913
Other Expenses 32,113 0 0
Profit Before Interest, Income Tax and Fees Expenses -109,038 -14,600 -20,915
Interest Expense 495 11,653 18,912
Profit Before Tax and Fees Expenses -109,533 -26,253 -39,827
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 -109,533 -26,253 -39,827
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -109,533 -26,253 -39,827

Cash Flow (JD)

2021 2020 2019
Cash Balance (Beginning) 830 128 348
Net Cash Flow from (Used in) Operating Activities -53,207 -292,380 -125,552
Net Cash Flow from (Used in) Investing Activities 122,401 352,123 116,299
Net Cash Flow from (Used in) Financing Activities -58,179 -59,041 9,033
Cash Balance (Ending) 11,845 830 128

Financial Ratios

2021 2020 2019
Turnover Ratio % 577.060 340.690 222.130
Earnings Per Share (JD) -0.050 -0.010 -0.020
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.940 0.990 1.000
Price Earnings Ratio (Times) -55.860 -70.090 -32.340
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earnings Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 2.820 0.810 0.560
Return On Assets % -4.970 -1.100 -1.600
Return On Equity % -5.050 -1.150 -1.730
Debt Ratio % 1.650 4.530 7.550
Equity Ratio % 98.350 95.470 92.450
Interest Coverage Ratio (Times) -220.280 -1.250 -1.110
Total Assets Turnover (Times) 0.030 0.020 0.060
Fixed Assets Turnover (Times) 0.050 0.020 0.080
Working Capital Turnover (Times) 0.130 0.090 3.140
Current Ratio (Times) 16.340 5.060 1.260
Working Capital (JD) 559,190.000 438,676.000 48,192.000