Hospitality Fiscal year ends Sene 30
Development & Hotel Company (Hilton Addis)
Owns the Hilton Addis Ababa hotel property and leases it to Hilton International under a management agreement.
Revenue
ETB 506.5M
FY 2017
Net Profit
ETB 308.7M
Profit
Total Assets
ETB 2.0B
FY 2017
Total Equity
ETB 815.1M
Revenue & Profitability
Revenue, cost of sales, and net profit over time
Balance Sheet
Total assets, liabilities, and equity over time
Audit Opinion Timeline
Financial Summary
All figures in Ethiopian Birr (ETB).
| Year | Revenue | Net Profit | Total Assets | Total Liabilities | Equity | Opinion | |
|---|---|---|---|---|---|---|---|
| 2014 | ETB 103.1M | ETB 36.2M | ETB 1.5B | ETB 819.1M | ETB 718.9M | Unmodified | Details |
| 2015 | ETB 191.2M | ETB 98.8M | ETB 1.6B | ETB 898.4M | ETB 720.7M | Unmodified | Details |
| 2016 | ETB 256.5M | ETB 138.8M | ETB 1.7B | ETB 977.9M | ETB 722.5M | Unmodified | Details |
| 2017 | ETB 506.5M | ETB 308.7M | ETB 2.0B | ETB 1.2B | ETB 815.1M | Unmodified | Details |
DHC is a holding/leasing company with no cost of sales — all expenses are administrative. EC filenames: 2014 EC = FY ended 30 June 2022. Revenue represents DHC's 75% share of the hotel's gross operating profit as per the lease agreement.