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UNION INVESTMENT CORPORATION Financial

Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.14 1.19 1.10
Value Traded (JD) 104,188,665 61,865,283 43,180,490
No. of Shares Traded 91,891,877 50,749,250 36,558,853
No. of Transactions 12,379 14,492 15,096
No. of Subscribed Shares 50,000,000 50,000,000 50,000,000
Market Capitalization (JD) 57,000,000 59,500,000 55,000,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Cash on Hand & at Banks 1,055,681 1,070,801 12,253,036
Checks, bills of collection 0 0 0
Other debit balances 3,528,801 3,715,116 3,283,612
Financial Assets at Fair Value Through Profit 52,194 61,820 57,328
Other Current Assets 8,695,192 8,746,810 10,759,079
Total Current Assets 26,775,670 19,579,292 44,069,311
Financial Assets at Fair Value Through Other Comprehensive Income 174,078 152,866 1,933,522
Real estate investments 57,518,882 57,943,939 59,665,971
Investments in Sister, Subsidiary, Allied companies 0 0 0
Fixed Assets, Net 16,038,911 17,341,537 18,998,658
Other Assets 31,648,070 30,212,659 14,530,054
Total non-current assets 105,379,941 105,651,001 95,128,205
Total Assets 132,155,611 125,230,293 139,197,516

Liabilities (JD)

2020 2019 2018
Payables to related parties 0 0 0
Credit Banks 58,868 344,350 1,262,138
Short Term Loans 8,918,726 9,722,794 9,077,376
Other Current Liabilities 13,553,315 10,470,186 7,206,398
Total Current Liabilities 59,740,628 48,522,419 43,115,133
Long Term Loans & Notes Payable 30,359,450 26,071,175 25,915,724
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 90,100,078 74,593,594 69,030,857

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 50,000,000 50,000,000 50,000,000
Subscribed and Paid-in Capital 50,000,000 50,000,000 50,000,000
Compulsory Reserves 0 0 12,500,000
Voluntary Reserve 0 0 736,749
Other Reserves 0 0 1,503,418
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 13,522,291 11,246,493 1,612,235
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value -2,224,325 -2,245,537 -477,596
Retained Earnings -36,735,608 -26,579,135 -31,474,691
Total Shareholders Equity -2,482,224 9,928,835 31,175,645
Non-controlling Interest 44,537,757 40,707,864 38,991,014
Total equity 42,055,533 50,636,699 70,166,659
Total Liabilities & Shareholders Equity 132,155,611 125,230,293 139,197,516

Income Statement (JD)

2020 2019 2018
Net brokerage commissions 0 0 0
Administrative and advisory fees 0 0 0
Interest revenues 0 0 0
Gain From Financial Assets at Fair Value Through Profit 0 0 0
Gain From Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Earnings from differences on assessment of financial assets 0 0 0
The company's share of Sister,subsidiary, allied companies 0 0 0
Other Revenues 9,408,317 11,434,158 15,522,390
Total revenues 9,408,317 11,434,158 15,522,390
Realized losses of financial assets 9,626 4,313,546 3,430,838
Unrealized losses from Low assessment of financial assets 0 0 0
General and administrative expenses 3,278,474 2,330,294 2,628,127
Interest expenses 3,651,704 3,707,716 3,815,248
Allowance For Doubtful Accounts 0 0 50,000
Depreciation (Period) 425,057 423,013 423,013
Other Expenses 10,033,827 9,034,914 6,835,804
Miscellaneous provisions 972,877 180,000 101,244
Total Expenses 18,371,565 19,989,483 17,284,274
Income Before Tax -8,963,248 -8,555,325 -1,761,884
Income Tax 30,796 116,924 41,423
Previous income tax 673,339 228,074 112,624
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -9,667,383 -8,900,323 -1,915,931
Non-controlling Interest -2,612,212 -833,460 -667,063
Net Income Pertains to Shareholders -7,055,171 -8,066,863 -1,248,868

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 726,451 10,990,898 -1,118,795
Net Cash Flow from (Used in) Operating Activities 4,370,058 15,396,889 2,929,335
Net Cash Flow from (Used in) Investing Activities -1,757,410 -13,931,931 -1,285,317
Net Cash Flow from (Used in) Financing Activities -2,342,286 -11,729,405 10,465,675
Cash Balance (Ending) 996,813 726,451 10,990,898

Financial Ratios

2020 2019 2018
Turnover Ratio % 183.780 101.500 73.120
Earning Per Share (JD) -0.140 -0.160 -0.020
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) -0.050 0.200 0.620
Price Earnings Ratio (Times) -8.080 -7.380 -44.040
Dividend Yield % 0.000 0.000 0.000
Dividend Per Share to Earning Per Share % 0.000 0.000 0.000
Price to Book Value (Times) -22.960 5.990 1.760
Margin Before Interest and Tax % -56.460 -42.400 13.230
Profit Margin % -102.750 -77.840 -12.340
Return On Assets % -7.320 -7.110 -1.380
Return On Equity % 284.230 -81.250 -4.010
Debt Ratio % 68.180 59.570 49.590
Equity Ratio % 31.820 40.430 50.410
Interest Coverage Ratio (Times) -1.450 -1.310 0.540
Total Assets Turnover (Times) 0.070 0.090 0.110
Financial Assets Turnover (Times) 41.580 53.260 7.800
Working Capital Turnover (Times) -0.290 -0.400 16.270
Current Ratio (Times) 0.450 0.400 1.020
Working Capital (JD) -32,964,958.000 -28,943,127.000 954,178.000