HOME
Financial Statments
Auditors' Report
Balance Sheets
Statement of Income
Statement of Changes in Shareholders' Equity
Statement of Cash Flows
Notes to the Financial Statements
 

Visitors No.
visitors
  FINANCIAL STATMENTS  
 
 
       
 

 

Menu  
 

Jordan Mortgage Refinance Company
Public Shareholding Company
Statement of Cash Flows
For The Year Ended December 31, 2009

(In Jordanian Dinars)

__________________________

___

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

______________________________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

"The attached notes from (1) to (24) from an integral part of these financial statements"

 

 

2008

2009

Cash Flows From Operating Activities    
Profit for the period before income tax

1,739,789

1,872,445

Depreciation

29,508

21,763

Gain from sale of available for sale investments
( 184,939)
-
     
Change in Operating Assets & Liabilities    
Interests receivable and other current assets

( 1,050,754)

801,213

Refinance loans

( 78,105,124)

60,389,223

Employees' housing loans

12,076

( 129,185)

Accrued interests and other current liabilities

1,981,800

( 1,439,754)

Bonds

71,350,000

( 52,500,000)

Government’s loan

( 823,800)

( 870,826)

Central Bank of Jordan loan

509,402

535,493

Paid income tax

( 231,689)

( 454,614)

Net Cash from Operating Activities

( 4,773,731)

8,225,758

     
Cash Flows From Investing Activities    
Property and equipment

( 25,230)

( 14,274)

Available for sale investments
1,284,939
-
Net Cash For Investing Activities
1,259,709
( 14,274)
     
Cash Flows From Financing Activities    
Dividends paid

 (      350,000)

( 600,000)

     
Change in cash & cash equivalents

( 3,864,022)

7,611,484

Cash & cash equivalents at beginning of the year

5,879,717

2,015,695

Cash & cash equivalents at end of the year

2,015,695

9,627,179