wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

6 Pages«<456
kengen full year profit up 3.3%
Options
Previous Topic · Next Topic
Gatheuzi
#51 Posted : Friday, November 07, 2014 12:17:52 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
madebe wrote:
Can anybody post the full annual report???


Check out here.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
  |
VituVingiSana
#52 Posted : Friday, November 07, 2014 7:24:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Gatheuzi wrote:
Coming back to the government's loans to KenGen, from the 2013 financial's it seems that they are government guaranteed loans i.e. sources from international banks's such as Japan Bank for Intern Cooperation and Kreditanstalt Fur Wiederaufbau-Kindarum.

Are these the loans that are being converted to Equity, because in that case government will have to take care of interest payments. This will imply an additional direct burden to the treasury which could partly explain the delay. They have to change some of the debt covenants directly with the international institutions as well.
Of the (I think) 136n in loans/debt, I believe there is 15bn of loans from GoK. In the grand scheme, taking on an additional 15bn in debt is not a huge problem/concern as long as KenGen can pay a dividend as well as provide capital appreciation for a future sale of the shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#53 Posted : Saturday, November 08, 2014 8:50:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@Gatheuzi;
Do you have a downloadable format.
Reading in the link provided is hectic;the writings are too small.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
muimi
#54 Posted : Saturday, November 08, 2014 10:56:34 PM
Rank: Hello

Joined: 11/8/2014
Posts: 1
In 2013 profit after tax was high due to capital allowances from Sangoro(Kshs 5.3b), Kindaruma (Kshs 6.8b) and Rigs (Kshs 4.3b).
In 2014 there has been massive capital investment in Olkaria 1 & 4 , wellheads and Ngong Hills wind (20.4 MW). Do these projects qualify for capital allowances?
Back to top
  |
sparkly
#55 Posted : Sunday, November 09, 2014 8:18:03 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
muimi wrote:
In 2013 profit after tax was high due to capital allowances from Sangoro(Kshs 5.3b), Kindaruma (Kshs 6.8b) and Rigs (Kshs 4.3b).
In 2014 there has been massive capital investment in Olkaria 1 & 4 , wellheads and Ngong Hills wind (20.4 MW). Do these projects qualify for capital allowances?

Yes they do. 100% at Ngong hills and 150% at Naivasha
Life is short. Live passionately.
Back to top
  |
Gatheuzi
#56 Posted : Monday, November 10, 2014 6:54:12 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Ericsson wrote:
@Gatheuzi;
Do you have a downloadable format.
Reading in the link provided is hectic;the writings are too small.

@Ericsson, sorry I don't have one for now. AfricanFinancialswebsite only gives viewing rights but not downloadable. Seems KenGen gave them a softcopy before posting one to their own website.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
  |
Akenyan2014
#57 Posted : Monday, November 10, 2014 9:15:42 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Gatheuzi wrote:
Ericsson wrote:
@Gatheuzi;
Do you have a downloadable format.
Reading in the link provided is hectic;the writings are too small.

@Ericsson, sorry I don't have one for now. AfricanFinancialswebsite only gives viewing rights but not downloadable. Seems KenGen gave them a softcopy before posting one to their own website.


@Ericsson, that document is quite legible. It initially opens a small window with minute font but when you click on a page it toggles to a full screen readable format, check out that.
Back to top
  |
Ericsson
#58 Posted : Tuesday, December 09, 2014 10:40:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
http://www.msn.com/en-za...wer-projects/ar-BBgxcjy

Company on an aggressive expansion strategy.The rights issue iko wapi.Hela tutawapatia returns za faida na mgao tukule from the projects
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
6 Pages«<456
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.