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
Total assets +7% to Ksh. 367Bn
Pesa Nane plans to be shilingi when he grows up.