Educational Materials Production and Distribution Enterprise
Fiscal Year 2016 EC (2024/2025 GC)
Revenue
ETB 1.2B
Net Profit
ETB 286.4M
Total Assets
ETB 1.4B
Total Equity
ETB 294.0M
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 | 1,158,786,173 |
| Cost of Sales | -633,182,783 |
| Gross Profit | 525,603,390 |
| Operating Expenses | |
| Other Income | 29,870,259 |
| Selling and Distribution Expenses | -20,022,397 |
| General and Administrative Expense | -115,865,745 |
| Operating Profit | 419,585,507 |
| Finance and Other | |
| Finance Cost | -1,717,019 |
| Profit Before Other Expense | 417,868,488 |
| Other Expense | 0 |
| Profit Before Tax | 417,868,488 |
| Taxation | |
| Income Tax Expense | -131,500,870 |
| Profit After Tax | 286,367,619 |
Statement of Financial Position
As at end of FY 2016 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, Plant and Equipment | 326,882,449 |
| Investment | 37,152,207 |
| Total Non-Current Assets | 364,034,656 |
| Current Assets | |
| Inventories | 540,754,300 |
| Trade and Other Receivables | 315,623,440 |
| Cash and Cash Equivalents | 224,165,209 |
| Asset Held for Sale | 0 |
| Total Current Assets | 1,080,542,949 |
| Total Assets | |
| Total Assets | 1,444,577,605 |
| Equity | |
| State Paid-up Capital | 114,948,683 |
| Retained Earnings | 133,755,804 |
| Legal Reserve | 25,977,036 |
| Other Components of Equity | 19,306,841 |
| Total Equity | 293,988,366 |
| Non-Current Liabilities | |
| Deferred Tax Liabilities | 44,194,121 |
| Total Non-Current Liabilities | 44,194,121 |
| Current Liabilities | |
| Current Tax Payable | 107,916,892 |
| Trade and Other Payables | 127,786,825 |
| State Dividend Payable (Current Portion) | 200,457,331 |
| Industrial Development Fund Payable | 402,890,100 |
| Total Current Liabilities | 839,051,148 |
| Long-term Liabilities | |
| State Dividend Payable (Long-term) | 267,343,970 |
| Total Liabilities and Equity | |
| Total Liabilities | 1,150,589,239 |
| Total Equity and Liabilities | 1,444,577,605 |
Cash Flow Statement
FY 2016 EC
| Item | Amount (ETB) |
|---|---|
| Operating Activities | |
| Profit Before Taxation | 417,868,488 |
| Depreciation for Tangible Assets | 11,231,493 |
| (Increase)/Decrease in Receivables | -38,510,180 |
| Withholding Receivable | -23,583,978 |
| (Increase)/Decrease in Inventories | -43,455,917 |
| Increase/(Decrease) in Payables | 11,110,754 |
| Cash Generated from Operations | 334,660,660 |
| Income Taxes Paid | -101,399,933 |
| Prior Year Tax Paid | -10,042,441 |
| Net Cash from Operating Activities | 223,218,286 |
| Investing Activities | |
| Investment | -35,553,207 |
| Purchase of Property, Plant, Equipment and Investment | -49,183,562 |
| Net Cash Used in Investing Activities | -84,736,768 |
| Financing Activities | |
| Dividends Paid/Drawings | -181,396,152 |
| Net Cash Used in Financing Activities | -181,396,152 |
| Net Change in Cash | -42,914,634 |
| Closing Cash & Equivalents | 224,165,209 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.