Hospitality Fiscal year ends Sene 30

Filwuha Spa Service Enterprise

A spa and hotel complex in Addis Ababa built on natural hot mineral springs, offering bath, sauna, and accommodation services.

Unmodified (2017)

Revenue

ETB 335.0M

FY 2017

Net Profit

ETB 52.5M

Profit

Total Assets

ETB 341.2M

FY 2017

Total Equity

ETB 179.3M

Revenue & Profitability

Revenue, cost of sales, and net profit over time

Balance Sheet

Total assets, liabilities, and equity over time

Financial Summary

All figures in Ethiopian Birr (ETB).

Year Revenue Net Profit Total Assets Total Liabilities Equity Opinion
2014 ETB 169.8M ETB 15.8M ETB 242.8M ETB 101.5M ETB 141.3M Unmodified Details
2015 ETB 228.8M ETB 22.3M ETB 259.5M ETB 116.3M ETB 143.3M Unmodified Details
2016 ETB 296.1M ETB 43.3M ETB 305.4M ETB 146.6M ETB 158.8M Qualified Details
2017 ETB 335.0M ETB 52.5M ETB 341.2M ETB 162.3M ETB 179.3M Unmodified Details

EC filenames: 2014 EC = FY ended 30 June 2022. The EC 2016 audit received a Qualified opinion due to a prior year adjustment of Birr 26,957,483 for which the auditors could not obtain sufficient supporting evidence.