Madinet Nasr S Regulatory News (MNHD)

MNHD Summary Financial Results for the year ended 31 December 2021

Separate Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Statement of Income for the year from 1 January 2021 to 31 December 2021

1 January 2021 to

1 January 2020 to

Change

31 December 2021

31 December 2020

%

Revenues

2,097,762,835

2,751,794,532

-24%

Gross Profit

738,042,471

1,697,565,205

-57%

Gross Profit Margin

35.18%

61.69%

-43%

Net Profit Before Tax

336,545,830

1,268,225,530

-73%

Net Profit After Tax

282,633,168

1,018,697,888

-72%

Basic EPS

0.162

0.605

-73%

Statement of Financial Position as of 31 December 2021

31 December 2021

31 December 2020

Change %

Net Working Capital

5,350,110,899

6,367,601,470

-16%

Paid-in Capital

1,497,600,000

1,440,000,000

4%

Statutory Reserve

321,640,687

270,705,792

19%

Retained Earnings

1,664,173,640

1,702,935,973

-2%

Profit for the year

282,633,168

1,018,697,888

-72%

Treasury Shares

-

(20,767,480)

100%

Other comprehensive income

20,109,365

-

100%

Total Shareholders' Equity

3,786,156,860

4,411,572,173

-14%

Statement of Cash Flows for the year from 1 January 2021 to 31 December 2021

1 January 2021 to

1 January 2020 to

Change

31 December 2021

31 December 2020

%

Cash Flows used in Operations

(253,086,951)

(930,059,181)

73%

Cash flows used in Investment

(42,433,704)

(10,246,292)

-314%

Cash Flows (used in) / from Finance

(8,092,757)

1,214,547,725

-101%

MNHD Summary Financial Results for the year ended 31 December 2021

Consolidated Financial Statements

Financial Indicators Amounts in Egyptian Pounds

Consolidated Statement of Income for the year from 1 January 2021 to 31 December 2021

1 January 2021 to

1 January 2020 to

Change

31 December 2021

31 December 2020

%

Revenues

2,230,394,926

3,096,906,551

-28%

Gross Profit

750,677,696

1,713,664,179

-56%

Gross Profit Margin

33.66%

55.33%

-39%

Net Profit Before Tax and non-controlling interest

336,956,896

1,234,612,281

-73%

Net Profit After tax and Non-Controlling Interest

282,837,702

1,001,238,048

-72%

Basic EPS

0.162

0.593

-73%

Statement of Financial Position as of 31 December 2021

31 December 2021

31 December 2020

Change %

Net Working Capital

5,560,461,900

6,552,697,511

-15%

Total Shareholders' Equity

3,931,439,702

4,541,661,026

-13%

Paid-in Capital

1,497,600,000

1,440,000,000

4%

Statutory Reserve

321,640,687

270,705,792

19%

Retained Earnings

1,702,318,747

1,757,593,655

-3%

Net Profit for Parent company shareholders

282,837,702

1,001,238,048

-72%

Other comprehensive income

20,109,365

-

100%

Treasury Shares

-

(20,767,480)

100%

Statement of Cash Flows for the year from 1 January 2021 to 31 December 2021

1 January 2021 to

1 January 2020 to

Change

31 December 2021

31 December 2020

%

Cash Flows used in Operations

(255,282,133)

(956,872,280)

73%

Cash flows used in Investment

(26,346,508)

(9,132,231)

-189%

Cash Flows from Finance

4,190,049

1,188,789,756

-100%