Berhanena Selam Printing Enterprise
Fiscal Year 2016 EC (2024/2025 GC)
Revenue
ETB 1.4B
Net Profit
ETB 372.2M
Total Assets
ETB 2.2B
Total Equity
ETB 1.4B
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 2016 EC
| Item | Amount (ETB) |
|---|---|
| Revenue | |
| Revenue | 1,447,714,412 |
| Cost of sales | -592,689,076 |
| Gross profit | 855,025,336 |
| Operating Expenses | |
| Other operating income | 39,423,952 |
| Termination benefit expenses | -13,938,815 |
| General and administration expenses | -315,116,482 |
| Impairment losses on trade Receivables | -1,024,474 |
| Operating profit | 564,369,517 |
| Finance and Tax | |
| Finance costs | -3,945,097 |
| Profit before tax | 560,424,420 |
| Income tax expense | -188,269,680 |
| Profit for the year | 372,154,740 |
Statement of Financial Position
As at end of FY 2016 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, Plant and Equipment | 489,379,035 |
| Right use of asset - Land | 1,553,738 |
| Investments | 51,457,283 |
| Intangible assets other than goodwill | 2,316,147 |
| Total Non-Current Assets | 544,706,203 |
| Current Assets | |
| Inventories | 1,021,103,859 |
| Trade and other receivables | 243,277,091 |
| Advance and prepayments | 4,445,384 |
| Cash and short-term deposits | 433,525,540 |
| Total Current Assets | 1,702,351,873 |
| Total Assets | |
| Total Assets | 2,247,058,076 |
| Equity | |
| Paid up capital | 1,067,852,817 |
| Legal reserve | 58,708,743 |
| Retained earnings | 238,543,151 |
| First time IFRS adoption revaluation reserve | 82,333,564 |
| Total Equity | 1,447,438,275 |
| Non-Current Liabilities | |
| Termination benefit liabilities | 40,072,357 |
| Deferred tax liabilities | 32,029,577 |
| Total Non-Current Liabilities | 72,101,934 |
| Current Liabilities | |
| Trade and other payables | 168,298,442 |
| Dividend payable | 340,570,278 |
| Current portion of lease liability | 275,952 |
| Income tax payable | 166,220,988 |
| Accruals | 52,152,208 |
| Total Current Liabilities | 727,517,867 |
| Total Liabilities and Equity | |
| Total Liabilities | 799,619,801 |
| Total Equity and Liabilities | 2,247,058,076 |
Cash Flow Statement
FY 2016 EC
| Item | Amount (ETB) |
|---|---|
| Operating Activities | |
| Profit before tax | 560,424,420 |
| Depreciation of property, plant and equipment | 58,930,940 |
| Amortization of right use of asset - Land | 17,247 |
| Amortization of intangible assets | 323,957 |
| Interest paid | 107,898 |
| Adjustments | 2,007,972 |
| Gain or loss on disposal of Fixed Asset | -7,640,497 |
| Gain or loss on foreign Exchange | 4,656,365 |
| (Gain) or loss on bond valuation | 544,413 |
| Differed Credits | -4,269,844 |
| Increase/Decrease in trade and other receivables, prepayments and VAT receivable | -20,556,147 |
| Increase/Decrease in inventories | -205,847,575 |
| Increase/Decrease in trade and other payables | 9,906,426 |
| Increase/Decrease in termination benefit obligation | 17,069,148 |
| Bank service charge | 72,336 |
| Dividend payable | -102,874,821 |
| Income tax paid | -110,733,145 |
| Net cash flows from operating activities | 202,139,094 |
| Investing Activities | |
| Purchase of property, plant and equipment | -92,142,793 |
| Investments and Financial Instruments | -51,457,283 |
| Purchased intangible asset - ERP | -1,159,756 |
| Net cash flows used in investing activities | -144,759,832 |
| Financing Activities | |
| Interest received from saving | -11,482,553 |
| Net cash flows from/(used in) financing activities | -11,482,553 |
| Net Change in Cash | 45,896,709 |
| Closing Cash & Equivalents | 433,525,540 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.