Educational Materials Production and Distribution Enterprise
Fiscal Year 2015 EC (2023/2024 GC)
Revenue
ETB 979.7M
Net Profit
ETB 261.8M
Total Assets
ETB 1.3B
Total Equity
ETB 321.2M
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 2015 EC
| Item | Amount (ETB) |
|---|---|
| Revenue | |
| Revenue | 979,723,945 |
| Cost of Sales | -520,940,739 |
| Gross Profit | 458,783,206 |
| Operating Expenses | |
| Other Income | 37,875,838 |
| Selling and Distribution Expenses | -20,422,376 |
| General and Administrative Expense | -85,767,304 |
| Operating Profit | 390,469,364 |
| Finance and Other | |
| Finance Cost | -1,098,283 |
| Profit Before Other Expense | 389,371,081 |
| Other Expense | -10,400,000 |
| Profit Before Tax | 378,971,081 |
| Taxation | |
| Income Tax Expense | -117,141,119 |
| Profit After Tax | 261,829,963 |
| Legal Reserve (Transfer) | 0 |
| Total Comprehensive Income for the Year | 261,829,963 |
Statement of Financial Position
As at end of FY 2015 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, Plant and Equipment | 294,397,008 |
| Investment | 1,599,000 |
| Total Non-Current Assets | 295,996,008 |
| Current Assets | |
| Inventories | 497,298,383 |
| Trade and Other Receivables | 277,113,260 |
| Cash and Cash Equivalents | 267,079,843 |
| Asset Held for Sale | 2,574,663 |
| Total Current Assets | 1,044,066,149 |
| Total Assets | |
| Total Assets | 1,340,062,157 |
| Equity | |
| State Paid up Capital | 114,948,683 |
| Retained Earnings | 153,092,602 |
| Legal Reserve | 33,898,522 |
| Other Component of Equity | 19,306,841 |
| Total Equity | 321,246,649 |
| Non-Current Liabilities | |
| Deferred Tax Liabilities | 32,898,615 |
| Total Non-Current Liabilities | 32,898,615 |
| Current Liabilities | |
| Current Tax Payable | 101,399,933 |
| Trade and Other Payables | 116,676,071 |
| State Dividend Payable | 424,441,948 |
| Industrial Development Fund | 343,398,942 |
| Total Current Liabilities | 985,916,894 |
| Total Liabilities and Equity | |
| Total Liabilities | 1,018,815,508 |
| Total Equity and Liabilities | 1,340,062,157 |
Cash Flow Statement
FY 2015 EC
| Item | Amount (ETB) |
|---|---|
| Operating Activities | |
| Profit Before Taxation | 378,971,081 |
| Depreciation for Tangible Assets | 11,572,652 |
| (Increase)/Decrease in Receivables | -90,246,167 |
| Withholding Receivable | -15,741,186 |
| (Increase)/Decrease in Inventories | -45,336,764 |
| Increase/(Decrease) in Payables | 4,394,472 |
| Cash Generated from Operations | 243,614,088 |
| Interest Paid | 0 |
| Income Taxes Paid | -54,979,704 |
| Prior Year Tax Paid | 0 |
| Net Cash from Operating Activities | 188,634,384 |
| Investing Activities | |
| Investment | -1,599,000 |
| Purchase of Property, Plant, Equipment and Investment | -14,754,407 |
| Net Cash Used in Investing Activities | -16,353,407 |
| Financing Activities | |
| Proceeds from Long-term Borrowings | 0 |
| Payment of Short-term Borrowings | 0 |
| Dividends Paid/Drawings | -90,304,939 |
| Net Cash Used in Financing Activities | -90,304,939 |
| Net Change in Cash | 81,976,038 |
| Closing Cash & Equivalents | 267,079,843 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.