Berhanena Selam Printing Enterprise
Fiscal Year 2010 EC (2018/2019 GC)
Revenue
ETB 510.6M
Net Profit
ETB 138.1M
Total Assets
ETB 1.1B
Total Equity
ETB 803.5M
Profit Breakdown
Key income statement items
Cash Flow Activities
Net cash from each activity
Asset Composition
Breakdown of total assets
Statement of Profit or Loss and Other Comprehensive Income
FY 2010 EC
| Item | Amount (ETB) |
|---|---|
| Revenue | |
| Revenue | 510,588,005 |
| Cost of sales | -230,963,409 |
| Gross profit | 279,624,597 |
| Operating Expenses | |
| Other operating income | 5,721,995 |
| Termination benefit expenses | -930,682 |
| General and administration expenses | -70,785,585 |
| Allowance for doubtful debts | -1,931,976 |
| Operating profit | 211,698,349 |
| Finance and Tax | |
| Finance costs | -7,941,933 |
| Profit before tax | 203,756,416 |
| Income tax expense | -65,616,964 |
| Profit for the year | 138,139,452 |
Statement of Financial Position
As at end of FY 2010 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, plant and equipment | 307,365,191 |
| Right use of asset - land | 655,386 |
| Investments in Government bond | 1,160,528 |
| Intangible assets other than goodwill | 18,478 |
| Deferred tax asset | 4,783,480 |
| Total Non-Current Assets | 313,983,064 |
| Current Assets | |
| Inventories | 303,110,734 |
| Trade and other receivables | 223,228,462 |
| Advance and prepayments | 8,333,986 |
| VAT receivable | 25,088,836 |
| Cash and short-term deposits | 186,152,214 |
| Total Current Assets | 745,914,232 |
| Total Assets | |
| Total Assets | 1,059,897,295 |
| Equity | |
| Issued capital | 721,208,385 |
| First time IFRS adoption revaluation reserve | 82,333,565 |
| Total Equity | 803,541,950 |
| Non-Current Liabilities | |
| Long term loans | 20,386,544 |
| Lease liability | 310,446 |
| Termination benefit liabilities | 15,944,933 |
| Deferred tax liabilities | 35,203,528 |
| Total Non-Current Liabilities | 71,845,451 |
| Current Liabilities | |
| Trade and other payables | 98,347,367 |
| Current portion of long term loan | 10,370,000 |
| Current portion of lease liability | 34,494 |
| Income tax payable | 56,989,367 |
| Accruals | 18,768,667 |
| Total Current Liabilities | 184,509,895 |
| Total Liabilities and Equity | |
| Total Liabilities | 256,355,346 |
| Total Equity and Liabilities | 1,059,897,295 |
Cash Flow Statement
FY 2010 EC
| Item | Amount (ETB) |
|---|---|
| Operating Activities | |
| Profit before tax | 203,756,416 |
| Depreciation of property, plant and equipment | 25,156,761 |
| Amortization of intangible assets | 28,334 |
| Current service cost | 550,730 |
| Interest paid | 5,514,718 |
| (Gain) or loss on foreign and bond valuation | 839,472 |
| Interest portion of severance expense | 1,587,743 |
| Increase in trade and other receivables, prepayments and VAT receivable | -54,718,248 |
| Increase in inventories | -38,109,301 |
| Increase in trade and other payables | 15,181,790 |
| Payment of termination benefit obligation | -815,589 |
| Interest paid | -5,514,718 |
| Income tax paid | -77,225,393 |
| Net cash flows from operating activities | 76,232,716 |
| Investing Activities | |
| Purchase of property, plant and equipment | -43,643,111 |
| Investment in government bond | -1,000,000 |
| Acquisition of intangible asset | -29,565 |
| Net cash flows used in investing activities | -44,672,676 |
| Financing Activities | |
| Payment of lease liabilities | -34,494 |
| Repayment of borrowings | -21,608,025 |
| Net cash flows from/(used in) financing activities | -21,642,519 |
| Net Change in Cash | 9,917,521 |
| Closing Cash & Equivalents | 186,152,214 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.