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financial-statement
2015EC

Independent Auditor's Report and Annual Financial Statements, 30 June 2023 (2015 E.C.)

Ethiopian Industrial Inputs Development Enterprise
Disclosure summary

IFRS financial statements for the year ended 30 June 2023, audited by Audit Service Corporation (engagement partner Kokeb Sime) and signed on 1 January 2026. The auditor issued a qualified opinion, citing a suspense current account of ETB 135,320,666 used as a contra account for de-recognised debtor balances, creditor adjustments and inventory valuation changes, and a prior-period de-recognition of VAT and withholding tax recoverable of ETB 519,790,496 and ETB 284,529,547 charged against the IFRS re-measurement reserve rather than opening retained earnings. Profit for the year was ETB 322.99M against ETB 48.08M in the prior year, which the report also presents as a comparative.

Disclosure details
Type
financial-statement
Fiscal year
2015EC
Published
Language
English
Pages
50
File size
11.1 MB
Source checked