Bankruptcy Prediction Investor Return Leverage Management Efficiency Profitability Ratios Liquidity Valuation Multiples Vertical Analysis Horizontal Analysis   2013 2014 2015 2016 2017 Current Assets 2374820 2227179 2324588 3351856 2646657 Current Liabilities 2245691 2770758 2234326 2050420 2453397 Working capital  129129 -543579 90262 1301436 193260 Total assets 16239878 15939177 15815800 16785011 17486823 Retained earnings 2575064 2603955 2213921 2260456 2315239 EBIT 973253 385464 23463 499260 410094 Total liabilities 5207601 5526688 6130449 7417494 8322206 Sales 6841420 6337210 6189360 6468803 6408206 Price per share (as @ 30th June) 45.5 37 25 20.5 32.5 Number of shares 182174.108 182174.108 182174.108 182174.108 182174.108 Market capitalization 8288921.914 6740441.996 4554352.7 3734569.214 5920658.51 A 0.0079513528365176 -0.034103329174398 0.0057070777323942 0.077535606023732 0.011051750223583 B 0.15856424537179 0.16336822158384 0.1399816006778 0.13467110626261 0.13239906414104 C 0.0599298221329 0.02418343180454 0.0014835164835165 0.029744395163042 0.023451601242833 D 1.5916968127935 1.2196168837466 0.74290687354222 0.50348125849512 0.71142897808586 E 0.42127286916811 0.39758702723484 0.39134030526436 0.38539164496228 0.36645913325708 1.2A 0.0095416234038211 -0.040923995009278 0.006848493278873 0.093042727228478 0.013262100268299 1.4B 0.22198994352051 0.22871551021737 0.19597424094892 0.18853954876765 0.18535868979745 3.3C 0.19776841303857 0.079805324954984 0.0048956043956044 0.098156504038037 0.077390284101349 0.6D 0.95501808767607 0.73177013024799 0.44574412412533 0.30208875509707 0.42685738685152 1.0E 0.42127286916811 0.39758702723484 0.39134030526436 0.38539164496228 0.36645913325708 Z Score 1.8055909368071 1.3969539976459 1.0448027680131 1.0672191800935 1.0693275942757   2013 2014 2015 2016 2017 Net income (000, Ksh) 668530 274419 -280613 -195973 -141282 Shareholders equity (000, Ksh) 11032277 10412489 8467896 8363469 8415642 Total assets 16239878 15939177 15628520 16785011 17486823 ROA 0.041165949645681 0.017216635463675 -0.01795518705546 -0.011675476411663 -0.0080793406555325 ROE 0.060597644529774 0.026354793748161 -0.03313845611708 -0.023432023242987 -0.01678802401528   2013 2014 2015 2016 2017 Total Liabilities (000, Ksh) 5207601 5526688 6130449 7417494 8322206 Total assets (000, Ksh) 16239878 15939177 15815800 16785011 17486823 EBIT (000, Ksh) 973253 385464 23463 499260 410094 Interest Expense (000, Ksh) 177435 165363 234439 184112 149347 Debt ratio 0.32066749516222 0.3467360955964 0.38761548578004 0.44191177473759 0.47591297744593 Times interest earned (x) 5.4851241299631 2.3310172166688 0.1000814710863 2.7117189536804 2.7459138784174   2013 2014 2015 2016 2017 Cost of goods sold (0000, Ksh) - - - - - Fixed assets (0000, Ksh) 13865058 13711998 13303932 13433155 14840166 Sales (0000, Ksh) 6841420 6337210 6189360 6468803 6408206 Inventory (0000, Ksh) 506857 496244 451324 451324 451324 Total assets 16239878 15939177 15815800 16785011 17486823 Inventory turnover - - - - - Assets turnover 0.42127286916811 0.39758702723484 0.39134030526436 0.38539164496228 0.36645913325708 Fixed assets turnover 0.49342887710964 0.4621653241198 0.46522787398492 0.48155500327362 0.43181498104536   2013 2014 2015 2016 2017 Sales (000, Ksh) 6841420 6337210 6189360 6468803 6408206 Gross profit (000, Ksh) - - - - - Net profit (000, Ksh) 668530 274419 -280613 -195973 -141282 Operating profit 973253 385464 23463 499260 410094 Gross profit margin - - - - - Operating profit margin 0.14225891700846 0.06082550523022 0.0037908604443755 0.077179657503869 0.063995133739458 Net profit margin 0.097718017604532 0.043302809911617 -0.045337967091913 -0.030295094780286 -0.0220470440557   2013 2014 2015 2016 2017 Current liabilities (000, Ksh) 2245691 2770758 2234326 2050420 2453397 Current assets (000, Ksh) 2374820 2227179 2324588 3351856 2646657 Inventory (000, Ksh) 506857 496244 451324 451324 451324 Current ratio 1.0575007870629 0.80381577893125 1.040397864949 1.6347167897309 1.078772412292 Quick ratio 0.83179876483452 0.62471533060628 0.83840227433239 1.4146038372626 0.89481359926665   2013 2014 2015 2016 2017 Share price (as at 31st December) 45.5 37 25 20.5 32.5 Earnings (attributable to parent company shareholders) 411414000 245910000 -296571000 88150000 65209000 Outstanding ordinary shares 182174108 182174108 182174108 182174108 182174108 Dividends 245935046 245935046 45543527 63760938 63760938 Sales 6841420000 6337210000 6189360000 6468803000 6408206000 Earnings per Share (EPS) 2.2583560557354 1.3498625172354 -1.627953627746 0.48387776379287 0.35794878161281 Price Earnings (P/E) Ratio 20.147398761345 27.410198836973 -15.356702779436 42.366071627907 90.795112791179 Dividends per Share (DPS) 1.3500000010979 1.3500000010979 0.25 0.35000000109785 0.35000000109785 Dividend Yield 0.029670329694458 0.036486486516158 0.01 0.017073170785261 0.010769230803011 Price/Sales per Share (PS) 1.211579162513 1.0636292620885 0.73583580531751 0.57731997929138 0.92391825574896             Percentage of Revenue         2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Revenue (Ksh., 000) 6841420 6337210 6189360 6468803 6408206 1 1 1 1 1 Cost of sales (Ksh., 000) - - - - - - - - - - Gross (loss)/profit (Ksh., 000) - - - - - - - - - - Operating profit (Ksh., 000) 973253 385464 23463 499260 410094 0.14225891700846 0.06082550523022 0.0037908604443755 0.077179657503869 0.063995133739458 Profit/ (Loss) before taxation (Ksh., 000) 973247 220101 -210976 315148 260747 0.14225803999754 0.034731530121299 -0.034086884589037 0.048718132241776 0.0406895471213 Taxation credit/ (charge) (Ksh., 000) -304717 54318 -69637 -195973 -141282 -0.044540022393012 0.0085712797903178 -0.011251082502876 -0.030295094780286 -0.0220470440557 Profit (Loss) for the year (Ksh., 000) 668530 274419 -280613 -195973 -141282 0.097718017604532 0.043302809911617 -0.045337967091913 -0.030295094780286 -0.0220470440557   Dollar change (Ksh, 000) Percentage change (%) 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Revenue 6,841,420 -504,210 -147,850 279,443 -60,597 100.00% -7.37% -2.33% 4.51% -0.94% Cost of sales - - - - - - - - - - Gross (loss)/profit - - - - - - - - - - Operating profit 973,253 1,073,154,035 -362,001 475,797 -89,166 100.00% -60.39% -93.91% 2027.86% -17.86% Profit/ (Loss) before taxation 973,247 -753,146 -431,077 526,124 -54,401 100.00% -77.38% -195.85% -249.38% -17.26% Taxation credit/ (charge) -304,717 359,035 -123,955 -126,336 54,691 100.00% -117.83% -228.20% 181.42% -27.91% Profit (Loss) for the year 668,530 -394,111 -555,032 84,640 54,691 100.00% -58.95% -202.26% -30.16% -27.91%

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