EEU - Ethiopia Electrification Program (ELEAP)

Fiscal Year 2016 EC (2024/2025 GC)

Unmodified

Revenue

ETB 11.7B

Net Profit

ETB 3.0B

Total Assets

ETB 13.6B

Total Equity

ETB 13.6B

Asset Composition

Breakdown of total assets

Statement of Sources and Uses of Funds

FY 2016 EC

Item Amount (ETB)
Sources of Funds
Credit from IDA - Additional deposit to Designated Account 5,895,524,009
Credit from IDA - Initial deposit to Designated Account
Customer Contribution 3,111,848,954
EEU's contribution 2,146,047,098
Gain on foreign exchange 547,594,152
Total Sources of Funds 11,701,014,213
Uses of Funds
Supplies 7,345,595,299
Contractual services 1,349,316,108
Capacity Building 18,650,502
Operating cost 6,467,922
Total Uses of Funds 8,720,029,831
Excess of Sources over Uses 2,980,984,382

Balance Sheet

As at end of FY 2016 EC

Item Amount (ETB)
Current Assets
Advance to suppliers 1,194,839,239
Cash at bank 12,426,253,262
Total Current Assets 13,621,092,501
Represented By
Fund Balance 13,621,092,501

Cash Flow Statement

Not available for this year.

Extracted from audited financial statements via OCR. Figures in Ethiopian Birr (modified cash basis).