Transport Fiscal year ends Sene 30

Ethiopian Toll Roads Enterprise

Operates and maintains toll expressways including the Addis Ababa-Adama and Dire Dawa-Dawalle highways.

Unmodified (2016)

Revenue

ETB 937.1M

FY 2016

Net Profit

ETB 408.4M

Profit

Total Assets

ETB 1.6B

FY 2016

Total Equity

ETB 1.3B

Revenue & Profitability

Revenue, cost of sales, and net profit over time

Balance Sheet

Total assets, liabilities, and equity over time

Audit Opinion Timeline

U
2015 Unmodified
U
2016 Unmodified

Financial Summary

All figures in Ethiopian Birr (ETB).

Year Revenue Net Profit Total Assets Total Liabilities Equity Opinion
2015 ETB 708.0M ETB 308.0M ETB 1.3B ETB 224.5M ETB 1.1B Unmodified Details
2016 ETB 937.1M ETB 408.4M ETB 1.6B ETB 304.9M ETB 1.3B Unmodified Details

ETRE has no traditional cost of sales — all operating expenses are personnel and administrative costs. Revenue is primarily from toll fee collections. EC filenames: 2015 EC = FY ended 30 June 2023.