NABLUS SURGICAL CENTER(NSC) disclosed its financial statements for the first quarter of the year 2020.
Disclosure Year | 2020 | 2019 | ||
Disclosure Period | End of 3103 | End of 3103 | ||
Disclosure Start Date | 01/01/2020 | 01/01/2019 | ||
Disclosure End Date | 30/03/2020 | 30/03/2019 | ||
Disclosure Type | Financial Disclosure | Financial Disclosure | ||
Company's Name | NABLUS SURGICAL CENTER | NABLUS SURGICAL CENTER | ||
Company Symbol | NSC | NSC | ||
Sector | Service Sector | Service Sector | ||
Currency | JD | JD | ||
End date of legal disclosure period | 16/05/2020 | 29/04/2019 | ||
Actual Disclosure Date | 14/05/2020 09:39:00 AM | 30/04/2019 11:32:00 AM | ||
Hard Copy Disclosure | ||||
Notes Display Source | Note ID Only | Note ID Only | ||
Auditing Status | Unaudited | Unaudited | ||
Net income in Cash Flow Statement | Income Before Tax | Income Before Tax |
- | 2020 | 2019 | ||
- | JD | JD | ||
- | As a 30/03/2020 | As a 31/12/2019 | ||
Note | Unaudited | Audited | ||
Property, plant and equipment | 7,453,560 | 7,371,199 | ||
Accumulated Depreciation | 1 | (4,321,152) | (4,262,801) | |
Total Fixed Assets | 3,132,408 | 3,108,398 | ||
Inventory | 556,840 | 519,524 | ||
Accounts Receivable | 11,715,048 | 10,580,819 | ||
Other Current Assets | 32,226 | 6,177 | ||
Tax advances | 791,505 | 791,505 | ||
Prepaid expenses | - | 5,201 | ||
Cheques under collection | 85,131 | 111,792 | ||
Cash and cash equivalents | 237,642 | 98,606 | ||
Total Current Assets | 13,418,392 | 12,113,624 | ||
Total assets | 16,550,800 | 15,222,022 | ||
Paid-in Capital | 3,177,813 | 3,177,813 | ||
Additional paid-in capital (Share premium) | 117,976 | 117,976 | ||
Statutory reserve | 446,192 | 446,192 | ||
voluntary reserve | 358,502 | 358,502 | ||
Retained earnings | 1,587,488 | 1,151,556 | ||
Total Owners' Equity | 5,687,971 | 5,252,039 | ||
Provision for employees' indemnity | 1,008,702 | 977,714 | ||
Total non-current liabilities | 1,008,702 | 977,714 | ||
Accounts Payable | 9,111,883 | 7,995,621 | ||
Shareholders' payables | - | 69,286 | ||
Other current liabilities | 111,197 | 12,563 | ||
Due to banks | 218,021 | 456,483 | ||
Income Tax Provision | 413,026 | 413,026 | ||
Provision for Employees' Vacations | - | 45,290 | ||
Total Current Liabilities | 9,854,127 | 8,992,269 | ||
Total Liabilities | 10,862,829 | 9,969,983 | ||
Total Liabilities & Owners' Equity | 16,550,800 | 15,222,022 |
- | 2020 | 2019 | ||
- | JD | JD | ||
- | End of 31032020 | End of 31032019 | ||
Note | Unaudited | Unaudited | ||
Revenues | 2 | 1,716,038 | 1,345,473 | |
Cost of Revenues | 3 | (416,248) | (454,369) | |
General and administrative expenses | 5 | (187,257) | (184,839) | |
Depreciation and amortization | (58,351) | (51,433) | ||
Operating expenses | 4 | (618,243) | (566,087) | |
Foreign currencies exchange gains/Losses | (7) | (4,351) | ||
Net Income before tax | 435,932 | 84,394 | ||
Net Income after tax | 435,932 | 84,394 | ||
Basic and diluted earnings (loss) per share | 0 | 1 | ||
Net Comprehensive Income | 435,932 | 84,394 |
- | Paid-in Capital | Additional Paid in capital | Statutory Reserve | Voluntary Reserve | Retained Earnings | Owners' Equity | Total Owners' Equity | |
Note | JD | JD | JD | JD | JD | JD | JD | |
2020 | - | - | - | - | - | - | - | - |
Balance - Beginning of the period
|
3,177,813 | 117,976 | 446,191 | 358,501 | 1,151,558 | 146,651 | 5,252,039 | |
Amendments to Previous Years
|
- | - | - | - | 435,932 | 435,932 | 435,932 | |
Balance - End of the period
|
3,177,813 | 117,976 | 446,191 | 358,501 | 1,587,490 | 582,583 | 5,687,971 | |
2019 | - | - | - | - | - | - | - | - |
Balance - Beginning of the period | 3,177,813 | 117,976 | 415,637 | 327,947 | 1,066,015 | - | 5,105,388 | |
Amendments to Previous Years | - | - | - | - | 84,394 | 84,394 | 84,394 | |
Balance - End of the period | 3,177,813 | 117,976 | 415,637 | 327,947 | 1,150,409 | - | 5,189,782 |
- | 2020 | 2019 | ||
- | JD | JD | ||
- | End of 31032020 | End of 31032019 | ||
Note | Unaudited | Unaudited | ||
Net Income before/after tax | 435,932 | 84,394 | ||
Depreciation and Amortization expense | 58,351 | 51,433 | ||
Change in end of service allowance payments | 43,000 | 15,545 | ||
Change in Accounts Receivable | (1,134,229) | (1,050,317) | ||
Change in inventory | (37,316) | 35,946 | ||
Change in Cheques under collection | 26,661 | 639,719 | ||
Change in Other Current Assets | (20,848) | 0 | ||
Other Current Assets | (15,942) | (14,802) | ||
Change in Accounts Payable | 840,405 | 447,274 | ||
Change in Other Current Liabilities | (12,012) | (16,387) | ||
Net Cash Flow from Operating Activities | 184,002 | 192,805 | ||
Purchase of Property, Plant and Equipment | (82,361) | (93,715) | ||
Net Cash Flow from Investing Activities | (82,361) | (93,715) | ||
Due to banks | 37,395 | (29,830) | ||
Net change in cash and cash equivalents | 139,036 | 69,260 | ||
Cash and cash equivalents, beginning of Period | 98,606 | 42,327 | ||
Cash and cash equivalents, end of period | 237,642 | 111,587 |
Palestine Exchange: Received Disclosed Interim Financial Statements of NABLUS SURGICAL CENTER(NSC) for the 1st Quarter of 2020
The Palestine Exchange (PEX) received the Unaudited interim financial statements for 1st Quarter of 2020 from NABLUS SURGICAL CENTER(NSC).
According to financial statements for 1st Quarter of 2020, Net profit after tax of the period reached 435,932 JD Compared with Net profit after tax 84,394 JD for 2019, a net increase in profit of 416.54%.Total assets of the company reached 16,550,800 JD compared with total assets of 15,222,022 JD at the end of year 2019, a net increase of 8.73%.Total liabilities of the company reached 10,862,829 JD compared with total liabilities of 9,969,983 JD at the end of year 2019, a net increase of 8.95%. Net ownership equity of the company reached 5,687,971 JD compared with total owner equity of 5,252,039 JD at the end of year 2019, a net increase of 8.30%.
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