Ethiopian Postal Service Enterprise
Fiscal Year 2017 EC (2025/2026 GC)
Revenue
ETB 2.9B
Net Profit
ETB 71.7M
Total Assets
ETB 3.5B
Total Equity
ETB 759.3M
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 2017 EC
| Item | Amount (ETB) |
|---|---|
| Revenue & Cost of Sales | |
| Revenue from contracts with customers | 2,880,204,888 |
| Direct costs | -1,526,149,847 |
| Gross profit | 1,354,055,041 |
| Operating Performance | |
| Operating expenses | -857,778,222 |
| Other operating income (expense) | -308,217,756 |
| EBITDA | 188,059,063 |
| Depreciation and amortization | -71,289,138 |
| EBIT | 116,769,925 |
| Finance & Tax | |
| Finance income/(cost) - net | 7,695,976 |
| Profit before income tax | 124,465,901 |
| Income tax expense | -52,775,828 |
| Profit after tax | 71,690,073 |
| Total comprehensive income | 71,690,073 |
Statement of Financial Position
As at end of FY 2017 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, plant and equipment | 973,138,870 |
| Investment property | 350,103,024 |
| Intangible assets | 16,435,836 |
| Right-of-use assets | 1,328,817 |
| Trade and other receivables | 88,244,367 |
| Deferred tax asset | 45,576,709 |
| Current Assets | |
| Inventories | 119,058,685 |
| Other receivable | 151,198,086 |
| Prepayment and advance | 42,708,693 |
| Cash and cash equivalents | 477,884,118 |
| Total Assets | |
| Total assets | 3,503,671,004 |
| Non-Current Liabilities | |
| Defined benefit liability | 60,745,263 |
| Deferred tax liability | 107,575,889 |
| Trade and other payables | 900,858,110 |
| Lease liability | 84,555 |
| Grants | 3,693,055 |
| Retention payable | 21,440,759 |
| Total Liabilities | |
| Total liabilities | 2,744,398,659 |
| Equity | |
| Paid-up capital | 109,097,601 |
| Legal reserve | 21,819,520 |
| Revaluation reserve | 247,947,566 |
| Retained earnings | 380,407,659 |
| Total equity | 759,272,346 |
Cash Flow Statement
FY 2017 EC
| Item | Amount (ETB) |
|---|---|
| Financing Activities | |
| Net cash from financing activities (OCR) | -210,110,776 |
| Net Change in Cash | 218,021,403 |
| Closing Cash & Equivalents | 477,884,118 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.