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Kengen FY16
Pesa Nane
#1 Posted : Wednesday, October 19, 2016 8:34:51 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Special Thread for the "special" FY results Sad

Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Wednesday, October 19, 2016 8:47:54 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Operational Overview:

15MW of wellhead power plants added to the fleet.
Total installed capacity 1,623MW
9MW off-grid thermal power decommissioned (Garissa and Lamu)

Electricity sales grew 11% to 7,819GWh thanks to:
Hydro +14% to 3,784GWh
Geo +14% to 3,543GWh
Thermal -25% to 435GWh
Wind +54% to 57GWh

Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Wednesday, October 19, 2016 9:10:14 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Financial Overview:

Elec revenue +15% to Ksh. 29,544 million

Capacity revenue +11% to Ksh. 21.262 Bn
Energy revenue +24% to Ksh. 7.672Bn
Forex recovery +107% to Ksh. 610 Mn
Steam revenue + 85.8% to Ksh. 6.856Bn
Other income +232% to Ksh. 2.21Bn

Total Revenue +29% to Ksh. 38.61Bn
Boosted by new geo capacity, steam and commercial drilling services

Operating expenses +6% to ksh. 8.948Bn
Depreciation and amortization expenses +58%

EBITDA +49% on improved revenues
EBIT +43% to Ksh. 16.271Bn

Compensating tax Ksh. 2.431Bn
Compensating tax = provision that arose from payment of dividends of Ksh. 5,735Mn paid to GOK in accordance with Section 7A(5) of the Income Tax Act Cap 470

PBT +30% to Ksh. 11.264Bn
PAT -41% to Ksh. 6.743Bn Sad

Total assets +7% to Ksh. 367Bn
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#4 Posted : Wednesday, October 19, 2016 9:12:49 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
NIL dividends Sad
Pesa Nane plans to be shilingi when he grows up.
mkate_nusu
#5 Posted : Wednesday, October 19, 2016 9:33:11 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
Pesa Nane wrote:
NIL dividends Sad


the 75 cents dividend rumors was just PPT
KEGN, KPLC, KQ, SCOM
Ebenyo
#6 Posted : Wednesday, October 19, 2016 9:59:57 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Pesa Nane wrote:
NIL dividends Sad


pesa nane,are u sure? i hear investor briefing on friday.Will announce dividend their.
Towards the goal of financial freedom
mkate_nusu
#7 Posted : Wednesday, October 19, 2016 10:26:12 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
Ebenyo wrote:
Pesa Nane wrote:
NIL dividends Sad


pesa nane,are u sure? i hear investor briefing on friday.Will announce dividend their.


Ebenyo results are already out: investor briefing is just for PR and answering any questions from reporters.

here is the signed transcript of the results

Dividend
In view of pipeline of projects enumerated above, the Board of Directors does not recommend payment of dividends for the year.
We take this opportunity to thank the shareholders, the Government of Kenya, County Governments, Business Partners and other stakeholders for their unwavering support which has enabled KenGen to provide clean, affordable energy for the nation and enabled us to realize impressive growth in the current year.
BY ORDER OF THE BOARD
ENG. ALBERT MUGO, MBS
MANAGING DIRECTOR & CEO
19 October 2016
KEGN, KPLC, KQ, SCOM
mkate_nusu
#8 Posted : Wednesday, October 19, 2016 10:28:09 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
KENGEN FY results

LINK
KEGN, KPLC, KQ, SCOM
Angelica _ann
#9 Posted : Wednesday, October 19, 2016 10:38:04 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Let admin migrate our already contribution on KENGEN results 2016 here
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mlennyma
#10 Posted : Thursday, October 20, 2016 4:21:18 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Pesa Nane wrote:
NIL dividends Sad

the massage to have a successful rights is over now the reality will Come in, it's bleeding time
"Don't let the fear of losing be greater than the excitement of winning."
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