67 / 113
(All amounts in thousand Egyptian Pound)
Note
2016
2015
Assets
Non-current assets
Property,plant,equipmentandprojectsunderconstruction(Net)
(16)
4 898 939
3 175 486
Intangible assets and goodwill
(17)
437 208
293 078
Payments Under Investments
5 500
Notes receivables (Net)
(11)
756 751
414 330
Deferred tax assets
(9 - B)
159 355
40 640
Investment property
(18)
91 512
91 512
Debit balances
24 110
24 110
Total non-current assets
6 373 375
4039 156
Current assets
Inventories (Net)
(10)
5 820 482
2 950 981
Assets held for sale
(15)
-
329 175
Accounts and notes receivables (Net)
(12)
2 363 801
1 649 624
Debtors and other debit balances (Net)
(13)
1 208 354
1 069 509
Due from related parties
(34)
105 516
86 203
Cash on hand and at banks
(14)
1 225 300
1 188 704
Total current assets
10 723 453
7 274 196
Total assets
17 096 828
11 313 352
Equity
Issued and paid in capital
(19)
1 094 010
1 094 010
Shares held by the group
(20)
( 26 506)
( 26 506)
Legal reserve
(21)
311 125
296 570
Other reserves
(22)
2 548 975
1 152 989
Retained earnings
759 762
584 288
Net (Loss) / Income for the year
( 865 656)
233 095
Equityattributable toowners of the company
3 821 710
3 334446
Non-controlling interests
(23)
1 169 638
608 660
Total equity
4991 348
3 943 106
Liabilities
Non-current liabilities
Loans
(25)
1 663 490
898 473
Warranty provisions
(27)
49 174
54 741
Deferred revenues
21 142
-
Deferred tax liabilities
(9 - B)
164 389
82 926
Total non-current liabilities
1 898 195
1 036 140
Current liabilities
Provisions
(27)
161 891
88 470
Current tax liabilities
(9 - A)
98 115
61 555
Loans, borrowings and overdrafts
(25)
7 068 619
4 334 801
Due to related parties
(34)
70 710
62 404
Trade payables and other credit balances
(26)
2 807 950
1 786 876
Total current liabilities
10207 285
6 334 106
Total liabilities
12 105 480
7 370246
Total equityand liabilities
17096828
11 313 352
* The accompanying notes forman integral part of these consolidated financial statements, and to be read therewith.
Group Finance Director
Abbas Elsayed
Chief Financial Officer
and Board of DirectorMember
Mostafa Ahmed Elmahdi
Chairman andManaging Director
Dr. Raouf Ghabbour
Consolidated Balance Sheet
as at December 31, 2016
2016 ANNUAL REPORT
65