Snapshot
Summary IS
Summary BS
Cash Flow
  • 3Q Three-Year Progression of Key Indicators
    (LE million) 09/30/2014 09/30/2015 09/30/2016
    Revenues 3,081.3 3,169.8 4,321.4
    Gross Profit 408.6 393.6 545.0
    EBIT 208.4 246.8 304.4
    Net Income 54.0 102.6 39.4
    9M16 Three-Year Progression of Key Indicators
    (LE million) 09/30/2014 09/30/2015 09/30/2016
    Revenues 8,829.6 9,575.4 11,174.9
    Gross Profit 1,168.2 1,185.1 1,554.7
    EBIT 622.0 620.0 840.6
    Net Income 141.9 205.0 192.4
  • (LE million) 09/30/2014 09/30/2015 09/30/2016
    Passenger Cars Revenues 1,592.2 1,621.2 2,464.3
    Motorcycles & Three-Wheelers Revenues 269.9 511.0 499.5
    Commercial Vehicles& Construction Equipment Revenues 193.1 257.1 283.4
    Tires Egypt Revenues 81.2 42.8 101.2
    Financing Businesses Revenues 186.8 289.1 428.1
    After Sales Egypt Revenues 115.2 143.0 204.0
    Regional Revenues 632.4 286.1 280.0
    Other Revenues 10.4 19.5 60.8
    Total Sales Revenues 3,081.3 3,169.8 4,321.4
    Total Gross Profit 408.6 393.6 545.0
    Gross Profit Margin 13.3 % 12.4 % 12.6 %
    Selling and Marketing (108.5) (128.4) (156.4)
    Administration Expenses (75.4) (98.2) (96.1)
    Other Operating Income (Expenses) 9.4 9.3 (0.4)
    Operating Profit 234.2 176.3 292.1
    Operating Profit Margin (%) 7.6 % 5.6 % 6.8 %
    Net Provisions and Non-Operating (25.8) (16.9) 12.2
    FV of Investment Property 0.0 87.3 0.0
    EBIT 208.4 246.8 304.4
    EBIT Margin (%) 6.8 % 7.8 % 7.0 %
    Foreign Exchange Gains (Losses) (22.7) (40.0) (80.8)
    Net Finance Cost (96.8) (79.4) (164.0)
    Earnings Before Tax 88.9 127.4 59.6
    Income Taxes (16.9) 12.7 (12.6)
    Net Profit Before Minority Interest 71.9 140.1 47.0
    Minority Interest (17.9) (37.5) (7.6)
    Net Income 54.0 102.6 39.4
    Net Profit Margin (%) 1.8 % 3.2 % 0.9 %
    Net Income from Ongoing Operations 0.0 58.1 39.4
    Net Income from Ongoing Operations Margin (%) 1.8 % 0.9 %
  • (LE million) 12/31/2014 12/31/2015 09/30/2016
    Cash 1,177.6 1,188.7 755.6
    Net Accounts Receivable 1,309.0 1,649.6 2,436.0
    Inventory 2,345.7 2,951.0 3,448.8
    Assets Held For Sale 313.1 329.2 313.1
    Other Current Assets 833.3 1,155.7 1,213.5
    Total Current Assets 5,978.7 7,274.2 8,167.1
    Net Fixed Assets 1,829.2 2,044.6 2,102.9
    Goodwill and Intangible Assets 282.5 293.1 308.2
    Lessor Assets 1,159.7 1,130.9 1,840.9
    Investment Property 0.6 91.5 91.5
    Other Long-Term Assets 334.5 479.1 709.7
    Total Long-Term Assets 3,606.4 4,039.2 5,053.1
    Total Assets 9,585.1 11,313.3 13,220.2
    Short-Term Notes and Debt 4,144.8 4,334.8 5,318.2
    Accounts Payable 1,298.3 1,786.9 1,822.2
    Other Current Liabilities 150.4 212.4 196.6
    Total Current Liabilities 5,593.5 6,334.1 7,336.9
    Long-Term Notes and Debt 680.9 898.5 1,453.3
    Other Long-Term Liabilities 536.8 137.7 144.4
    Total Long-Term Liabilities 1,217.7 1,036.1 1,597.7
    Minority Interest 637.8 608.7 663.7
    Common Stock 135.3 1,094.0 1,094.0
    Shares Held With the Group (3.3) (26.5) (26.5)
    Legal Reserve 267.3 296.6 311.1
    Other Reserves 1,066.8 1,153.0 1,291.1
    Retained Earnings (Losses) 670.0 817.4 952.1
    Total Shareholder’s Equity 2,136.1 3,334.4 3,621.8
    Total Liabilities and Shareholder’s Equity 9,585.1 11,313.3 13,220.2
  • (LE thousand) 09/30/2014 09/30/2015 09/30/2016
    Cash flows from operating activities
    Net profit before tax 255,667.0 250,828.0 266,552.0
    Adjustments:
    Interest expense 286,700.0 278,625.0 402,494.0
    Depreciation and amortization 142,869.0 185,994.0 231,119.0
    Provisions net 60,723.0 18,237.0 25,430.0
    Impairment losses on current assets (net) 21,487.0 4,593.0
    Stock option fair value for the managing director
    ESOP Fair Value 13,997.0 13,997.0
    Stock issuance cost 675.0
    Bond issue cost amortization 2,571.0
    Impairement losses
    Loss on sale at assets held for sale 21,229.0
    (Gain) / loss on sale of property and equipments 2,405.0
    Interest income 91,402.0 38,529.0 19,257.0
    Loans capitalized interest 4,365.0
    Capital gain Sale and lease back 2,676.0
    Loans interest expense capitalized on property, plant and equipment 4,350.0 9,305.0
    Deferred revenue amortization Sale and lease back
    Deferred revenue amortization Marketing contract 2,677.0
    Loss on fixed assets value
    Gain for the revaluation of investments property 87,341.0
    Loss on sale of treasury shares
    Gain/loss on sale of property and equipments 1,227.0
    Issuing Shares 134.0
    Gain on sale of investment property 401.0
    Fair value of foreign currency swap contracts
    Minority Interest
    Net profit before changes in working capital 648,874.0 635,047.0 882,803.0
    Changes in working capital
    Inventories 211,218.0 16,278.0 501,328.0
    Accounts and notes receivables 415,177.0 126,128.0 926,721.0
    Debtors and other debit balances 294,691.0 55,763.0 1,527.0
    Amounts under settlement for leased contracts 4,597.0
    Due from related parties 60,290.0 37,339.0 54,790.0
    Due to related parties 7,953.0 5,856.0 24,203.0
    Trade payables other credit balances 93,335.0 469,596.0 21,383.0
    Cash flow generated from operating 11,354.0 979,402.0 644,095.0
    Provisions used 6,994.0 11,135.0 23,194.0
    Income tax paid during the year 18,157.0 27,863.0 62,897.0
    Interest paid 286,700.0 46,746.0
    Employee Dividends 55,235.0
    Fair value for employee stock option plan
    Net cash flow (used in) generated from operating activities 323,205.0 893,658.0 785,420.0
    Cash flows from investing activities
    Payments for projects under construction 87,027.0 829,442.0 1,173,654.0
    Change in non controlling interests without changing in control 11,930.0
    Purchase of property, plant and equipment 548,669.0
    Purchase of intangible assets 1,121.0 847.0 2,422.0
    Interest received 91,402.0 26,512.0 14,969.0
    Proceeds from sale of property, plant and equipment 25,622.0 189,390.0
    Proceeds from sale of investments property
    Proceeds from sale at assets held for sale 14,037.0
    Treasury bills
    Acquisition of noncontrolling interest 1,230.0
    Payment under investment
    Net cash flow used in investing activities 521,023.0 801,670.0 971,717.0
    Cash flows from financing activities
    Loans and borrowings 1,493,767.0 637,188.0 1,538,182.0
    Proceeds from minority share subsidiaries capital 5,180.0 10,678.0 2,071.0
    Proceeds from capital increase 449,994.0
    Dividends paid 67,564.0
    Bonds liabilities 307,693.0
    Longterm notes payables 634.0 1,368.0
    Interest paid 271,264.0 374,830.0
    Net cash flow generated from financing activities 1,124,324.0 827,964.0 1,165,423.0
    Net (decrease) / increase in cash and cash equivalents 280,096.0 920,086.0 591,714.0
    Cash and cash equivalents at beginning of the year 1,085,105.0 1,177,577.0 1,188,704.0
    Translation differences 12,241.0 105,918.0 158,590.0
    Cash and cash equivalents at end of the year 1,377,442.0 2,203,581.0 755,580.0