Market: Qatar
Symbol: BRES
ISIN: QA000A0KD6J5
Industry: Real Estate

Barwa's foundations were laid on 15 November 2005, when it obtained its commercial license. The group's name derives from an important principle in Qatar's commercial heritage - the concept of a reliable and trustworthy agreement or contract. These values form the core of our corporate personality.

Since its establishment, Barwa has proven to be a dynamic and powerful contributor towards the development of Qatar. We seek to contribute to the government's over-arching development plan for Qatar as set out in the Qatar National Vision 2030 which has been launched and is being sponsored by His Highness Sheikh / Tamim bin Hamad Al Thani – The Emir.

Barwa pursues its developmental path in order to achieve its vision and mission in light of the new Business plan for years 2016- 2020 that was approved in 2015. The framework of Barwa new Business plan, which is considered to be the largest since the company’s establishment, focuses on the following objectives:

-  Maximizing shareholders’ equity and achieving sustainable growth
-  Increasing operating income including rental -  Targeting a QR 15 billion capital expenditure within the 5 year business plan
-  Maintaining a solid capital structure
-  Maintaining a strong financial position to ensure stable operational and developmental processes.

The new Business plan is based on key goals, including focusing on the local market, collaborating with the government of Qatar, making the most outcome of Barwa assets, working on improving current operational efficiency and increasing revenues from subsidiaries.

Barwa total assets amounted to approximately QR 29 billion as at 31 December 2015. It is currently the largest listed real estate company in Qatar in terms of real estate developments. Qatari Diar, a company owned by the Qatar Investment Authority holds a 45% share in Barwa, which has grown its business to include 4 Segments. These are:

Real estate developments in Qatar
• International real estate
Business Services
Infrastructure Services

Share
Barwa Real Estate Volume
BRES
21/05/2020
Currency QAR
Previous Close 2.90
Change (%) 1.79
Volume 11,607,552
Number of Shares (mln) 3,891
Market Cap (mln) 11,285
Key Figures
Consolidated statement of profit or loss (QR'000) 2017 2018 2019
Net rental and finance lease income 977,356 934,528 880,445
Net consulting and other service income 208,967 58,721 109,504
Profit for the year 1,716,407 1,917,433 1,505,140
Consolidated statement of financial position (QR'000)      
Total assets 29,734,525 30,322,280 31,950,117
Total liabilities 10,593,872 10,772,193 11,888,640
Total equity 19,140,653 19,550,087 20,061,477
Consolidated statement of cash flows (QR'000)      
Net cash from operating activities 2,212,205 530,915 115,202
Net cash used in investing activities -62,723 -581,526 141,291
Net cash used in financing activities -1,302,504 -1,839,010 109,398
Cash and cash equivalents at 31 December 2,200,261 331,843 718,181
Key indicators (QR)      
Basic and diluted earnings per share* 4.38 0.49 0.39
Dividend per share** 2.5 2.5 2.5

*2019: Share split 10 for 1, 2018: Adjusted
**2019: Proposed.

2019: Share split 10 for 1, 2018: Adjusted