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financial-statement
2016ECReport and Financial Statements, 7 July 2024 (2016 E.C.)
National Veterinary InstituteDisclosure summary
The National Veterinary Institute's IFRS financial statements for the year ended 7 July 2024, audited by Getenet Worku Chartered Accountants-UK & Certified Audit Firm and signed in Addis Ababa on 27 January 2025; management approved the statements for issue on the same report. The opinion is qualified over advances collected of ETB 10,241,573.00 treated as sales contrary to IFRS 15 and over vaccine inventory valued at opening standard cost without absorbing production overheads, contrary to IAS 2. Net profit rose to ETB 109.91M on revenue of ETB 364.47M, and the statement of financial position shows retained earnings converted into paid-up capital, which increased to ETB 640.00M.
Disclosure details
- Institution
- National Veterinary Institute
- Type
- financial-statement
- Fiscal year
- 2016EC
- Published
- Language
- English
- Pages
- 16
- File size
- 1.2 MB
- Source checked