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Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.00 0.00 0.00
Value Traded (JD) 0 0 0
No. of Shares Traded 0 0 0
No. of Transactions 0 0 0
No. of Subscribed Shares 10,000,000 10,000,000 10,000,000
Market Capitalization (JD) 0 0 0
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Cash on Hand & at Banks 17,858 495,475 24,249
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 0 0 0
Spare Parts 3,875,330 2,369,226 2,127,946
Total Current Assets 4,664,978 5,591,182 2,158,495
Long Term Investments 0 0 0
Fixed Assets, Net 19,909,809 19,030,283 15,131,837
Lands 0 0 0
Projects in Progress 13,080,186 2,600,809 0
Total Fixed Assets 32,989,995 21,631,092 15,131,837
Other Assets 0 0 0
Total Assets 37,654,973 27,222,274 17,290,332

Liabilities (JD)

2018 2017 2016
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 2,856,592 1,959,246 0
Total Current Liabilities 9,954,844 3,642,148 63,288,613
Long Term Loans & Notes Payable 4,666,656 6,587,339 0
Corporate Bonds 0 0 0
Other Liabilities 14,106,900 7,237,499 0
Total Liabilities 28,728,400 17,466,986 63,288,613

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 10,000,000 10,000,000 10,000,000
Subscribed Capital 10,000,000 10,000,000 10,000,000
Paid in Capital 10,000,000 10,000,000 10,000,000
Compulsory Reserves 0 0 0
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 0 0 0
Retained Earnings -1,073,427 -244,712 -55,998,281
Total Shareholders Equity 8,926,573 9,755,288 -45,998,281
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 37,654,973 27,222,274 17,290,332

Income Statement (JD)

2018 2017 2016
Operating Revenues 158,644 45,902 226,338
Operating Expenses 142,225 80,510 653,065
Gross Profit 16,419 -34,608 -426,727
General and Administrative Expenses 371,947 160,751 89,854
Selling and Distribution Expenses 0 0 251,712
Depreciation (Period) 413,870 49,727 1,370,916
Other Operating Expenses 413,870 49,727 1,370,916
Net Operating Income -769,398 -245,086 -2,139,209
Other Revenues 30,768 4,000 85,272
Other Expenses 62,831 0 0
Income Before Interest & Tax -801,461 -241,086 -2,053,937
Interest Expenses 27,254 3,626 0
Net Income Before Tax -828,715 -244,712 -2,053,937
Income Tax (Period) 0 0 0
Income Tax (Previous Years) 0 0 28,329
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -828,715 -244,712 -2,082,266
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -828,715 -244,712 -2,082,266

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 495,475 24,249 399,202
Net Cash Flow from (Used in) Operating Activities 5,449,092 -1,530,377 -374,953
Net Cash Flow from (Used in) Investing Activities -11,772,773 -6,544,982 0
Net Cash Flow from (Used in) Financing Activities 5,846,064 8,546,585 0
Cash Balance (Ending) 17,858 495,475 24,249

Financial Ratios

2018 2017 2016
Turnover Ratio % 0.00 0.00 0.00
Earning Per Share (JD) -0.08 -0.02 -0.21
Dividend Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 0.89 0.98 -4.60
Price Earnings Ratio (Times) 0.00 0.00 0.00
Dividend Yield % 0.00 0.00 0.00
Dividend Per Share to Earning Per Share % 0.00 0.00 0.00
Price to Book Value (Times) 0.00 0.00 0.00
Gross Margin % 10.35 -75.40 -188.54
Margin Before Interest and Tax % -505.19 -525.22 -907.46
Profit Margin % -522.37 -533.12 -919.98
Return On Assets % -2.20 -0.90 -12.04
Return On Equity % -9.28 -2.51 4.53
Debt Ratio % 76.29 64.16 366.03
Equity Ratio % 23.71 35.84 -266.03
Interest Coverage Ratio (Times) -29.41 -66.49 0.00
Total Assets Turnover (Times) 0.00 0.00 0.01
Fixed Assets Turnover (Times) 0.00 0.00 0.02
Working Capital Turnover (Times) -0.03 0.02 0.00
Current Ratio (Times) 0.47 1.54 0.03
Working Capital (JD) -5,289,866.00 1,949,034.00 -61,130,118.00