Ghion Hotels Enterprise
Fiscal Year 2017 EC (2025/2026 GC)
Revenue
ETB 256.5M
Net Profit
ETB 47.6M
Total Assets
ETB 1.5B
Total Equity
ETB 1.3B
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 for the Year Ended June 30, 2025
FY 2017 EC
| Item | Amount (ETB) |
|---|---|
| Revenue and Cost of Sales | |
| Revenue | 256,463,635 |
| Cost of sales | -49,873,170 |
| Gross profit | 206,590,465 |
| Other Income | |
| Other income | 17,323,682 |
| Interest income | — |
| Gross profit (after other income) | 223,914,147 |
| Expenses | |
| General and administrative expenses | -146,830,026 |
| Expected credit Loss | -4,295,038 |
| Audit Fee | -103,500 |
| Board Fee | -671,000 |
| Total Expenses | -151,899,564 |
| Profit | |
| Profit before tax | 72,014,584 |
| Tax Income (expense) | -24,393,547 |
| Net Profit for the year | 47,621,036 |
| Other comprehensive income reclassified from revaluation reserve to profit or loss | -962,125 |
Statement of Financial Position for the Year Ended June 30, 2025
As at end of FY 2017 EC
| Item | Amount (ETB) |
|---|---|
| Non-Current Assets | |
| Property, plant and equipment | 375,409,191 |
| Right to Use a Land | 997,438,365 |
| Deferred tax asset | 24,587,950 |
| Total non-current assets | 1,397,435,506 |
| Current Assets | |
| Inventories | 9,807,052 |
| Trade and other receivable | 32,829,276 |
| Cash and cash equivalents | 66,321,430 |
| Total assets | 1,506,393,264 |
| Equity | |
| Capital | 19,280,040 |
| General Reserve | 499,472 |
| Revaluation Reserve | 1,212,709,937 |
| Retained Earnings | 113,113,878 |
| Legal Reserve | 3,856,008 |
| Total equity | 1,349,459,435 |
| Non-Current Liabilities | |
| Long term employee benefit | 17,389,043 |
| Deferred tax liability | 87,962,043 |
| Total noncurrent liabilities | 105,351,086 |
| Current Liabilities | |
| Trade and other payables | 25,054,476 |
| Provisions | 53,652 |
| Profit Taxation | 26,474,736 |
| Total Current Liabilities | 51,582,864 |
| Total liability | 156,933,929 |
| Total Liabilities And Equity | 1,506,393,264 |
Cash Flow Statement
FY 2017 EC
| Item | Amount (ETB) |
|---|---|
| Operating Activities | |
| Profit before tax | 72,014,584 |
| Depreciation and Amortization | 7,748,585 |
| Expected Credit Loss | 4,295,038 |
| Price Year Adjustment | — |
| Receivable from State | — |
| Subtotal before working capital changes | 84,058,207 |
| Change in stock | -6,299,191 |
| Change in debtors for the year | 37,623,135 |
| Change in creditors for the year | -8,625,675 |
| Movements in working capital | 22,758,270 |
| Net Cash in flows operating activities | 106,816,477 |
| WHT, VAT, and Profit tax Paid | -25,383,661 |
| Net cash from operating activities (after tax) | 81,432,816 |
| Investing Activities | |
| Property, Plant & Equipment | -19,672,062 |
| Net Cash out flows investing activities | -19,672,062 |
| Financing Activities | |
| State Dividend Paid | -41,829,069 |
| Loan / Settled during the year | — |
| Net Cash out/in flow financing activities | -41,534,605 |
| Net Change in Cash | 20,226,148 |
| Closing Cash & Equivalents | 66,321,430 |
Extracted from audited financial statements via OCR. Figures in Ethiopian Birr.