Marshalls East Africa Limited is a Kenya-based company. The Company is engaged in selling and servicing of motor vehicles.

LOCATION

Marshalls East Africa Ltd

Marshalls Building,, Koinange Street,

NAIROBI 00100

Kenya

PHONE

+254 202229547

FAX

+254 20535326

WEBSITE

http://www.marshalls-ea.com/

Marchalls E.A. Income Statement


Period Ended 31 Mar 2016 31 Mar 2015
Shs’ 000 Shs’ 000
Revenue 81,247 105,254
Cost Of Sales (60,570) (79,548)
Gross Profit 20,677 25,706
Other Operating Income 35,680 15,202
Provisions (5,726) (69,394)
Administrative Expenses (62,316) (60,679)
Other Operating expenses (18,956) (24,555)
Operating (loss) (30,641) (113,720)
Finance Income / costs (11,290) 21,592)
Share of profit of joint venture 24,500 71,735
(Loss) before tax (17,431) (20,393)
Tax
(Loss) for the year (17,431) (20,393)
(Loss) per share – basic and diluted (1.21) (1.41)

Marshalls E.A Balance Sheet


Period Ending 31 Mar 2016 31 Mar 2015
Shs’ 000 Shs’ 000
CAPITAL EMPLOYED
Share Capital 71,966 71,966
Retained Earnings 169,829 187,260
Shareholders’ Funds 241,795 259,226
Non-Current Liabilities
Preference Shares 500 500
Borrowings 9,521
Trade and other payables 16,738 17,670
17,238 27,691
259,033 286,917
REPRESENTED BY
Non-Current Assets
Property and Equipment 22,001 27,434
Investment in joint venture 422,665 398,165
444,666 425,599
Current Assets
Inventories 42,856 71,053
Trade and other receivables 14,142 40,930
Cash and cash equivalents 8,364 12,859
Tax recoverable 506 757
65,868 125,599
Current Liabilities
Borrowings 8,344 8,616
Trade and other payables 243,501 255,665
251,501 264,281
Net Current Liabilities (185,633) (138,682)
259,033 286,917

Marshalls E.A Cash Flow Statement

Period Ending 31 Mar 2016 31 Mar 2015
Shs’ 000 Shs’ 000
Operating Activities
Cash For Operations (5,784) (50,850)
Interest Paid (3,293) (7.268)
Tax Paid ————– —————-
Net Cash For Operating Activities (9,088) (58,118)
Investing Activities
Purchase Of Property (2,526)
Dividend From Joint Ventures 50,000
Proposal From Property 22,371 400
Net Cash From Investing 22,371 47,874
Financing Activities
Repayment of finance leases (9,257) (7,656)
Net Cash From Financing (9,257) (7,656)
Increase/Decrease in cash & equivalents 4,037 17,900
Movement in cash and equivalents
Start of year 11,900 940
Increase/Decrease 4,037 (17,900
Effect of FX Change (7,997) 28,860
At Year End 7,940 11,900

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