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financial-statement
2017EC

Auditor's Report on Interim Financial Statements for the period ended 31 December 2024

Gadaa Bank S.C.
Disclosure summary

Interim financial statements of Gadaa Bank S.C. for the six-month period ended 31 December 2024, presented under the cover title "Account Review Report for the period ended 31 December 2024", with an independent limited assurance report by Tewodros and Fikre Audit Services Partnership dated 12 May 2025. The auditors state they are not aware of any material modifications required for the statements to be in accordance with IFRS. Figures as printed (Birr'000): total operating income 711,619, profit/loss before tax 289,096, income tax expenses 41,941, profit/loss for the year 247,155, total comprehensive income for the period 247,155, basic earnings per share Birr 0.22, total assets 7,264,542, deposits from customers 4,910,873, total liabilities 5,711,617, share capital 1,183,750 and total equity 1,552,924. Published date is the auditors' report date (12 May 2025); the scanned document carries no separate board approval date. Note: the comparative column in the primary statements is headed "30 June 2023", but the comparative figures (e.g. deposits from customers 4,006,911 and share capital 1,074,406) are those of 30 June 2024 — the column heading is an error in the published document. This filing was uploaded to the Ethiopian Securities Exchange on 23 June 2025 alongside the bank's listing documents, under a filename that does not name the issuer; issuer confirmed from the document cover and the auditor's report.

Disclosure details
Institution
Gadaa Bank S.C.
Type
financial-statement
Fiscal year
2017EC
Published
Language
English
Pages
56
File size
19 MB
Source checked