TRIAL BALANCE AS AT 30TH JUNE 2017

F/Y 2015/2016 DETAIL REF F/Y 2016/2017

30,144,506.70 bank 29,441,263.59
51,497,791.61 PLant and machinery SCH D 42,770,166.67
723,597.00 Equipment ,Furniture and fittings SCH D 1,261.596.80
1,476,470.00 Production Supplies and service 2.133,400.00
484.565,991.0 Raw materials and inputs 99,265,300.00
0
- Bank charges 40,000.00
1,950,640.00 Plant and Machinery upkeep 850,340.00
589,960.00 Motor Vehicle and tractor upkeep 2,505,600.00
22,740,500.00 Travelling expenses 13,405,000.00
9,976,1,120.00 Transport and delivery 3,517,160.00
1,230,000.00 Stationery and office supplies 1,657,600.00
9,222,258.10 Contribution and subscription 11,187,739.4
12,206,489.00 Duties and Taxes 12,733,747.02
10,559,900.00 Incentive to Prisoners 1,739,500.00
- Hospitality and Reception 450,000.00
9,140,000.00 Duty Compensation allowance -
9,692,385.42 Depreceation of plant and Machinery SCH D 9,977,125.00
120,667.00 Depreciation of Equipment,Furniture and fitting SCH D 171,333.67
32,446,871.42 Opening stock 44,555,9997.75
64,654,559.67 Debtors SCH A 58,947,877.00
2,500,000.00 Confercus and meeting -
1,323,000.00 Building and structure -
1,071,000.00 Transportation of goods -
757,832706.98 336,560,746.00
618,500,750.0 Sales Notes 6 159,726,800.00
0
110,997,720.6 Profit and Loss Account 162,830,960.9
6
10,315,507.75 Equity 10.315,507.75
2,700,000.00 Current Account with Kitengule projecy 2,700,000.00
- Head office contribution and subscription -
15,318,728.57 Creditors SCH B 987,478.25
- Government -
757,832,706.9 336,560,746.9
8
STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 30TH JUNE 2017

NOTE 30.06.2017 30.06.2016

TRADING INCOME TZS TZS

Sales 6 159,726,800 618,500,750

Other Income - - -

TOTAL INCOME 159,726,800 618,500,750

LESS EXPENSE

Cost of Sales 7 127,149,544.50 485,890,333.58

Operating Expenses 8 32,988,511.07 68,159,431.61

TOTAL EXPENSES 160,138,055.6 554,049,765.11

Profit/Loss before tax (411,255.57) 68,450,984.81

Less tax - 12,206,489.00

Net Profit/Loss (411,255.57) 52,244495.81

Accumulated Profit/Loss 163,242,216.5 110,997,720.66

Accumulated profit and Loss C/F 162,839.960.9 163,242,216.47

STATEMENT OF FINANCIAL POSITION AS AT 30TH JUNE 2017
NOTES 30.06.2017 30.06.2016

ASSETS: TZS TZS

Non –current asset:

Plant and machinery SCH D 42,770,166.67 51,497.791.67

Equipment, Furniture&Fitting SCH D 1,261,596.8 725,597.00

44,031,763.47 52,221,388.67

Current Asset:
Inventories Note 9 44,452,042.80
44,452,042.89 44,555,997.75
Debtors 10
58,947,877.00 64,654,589.59
Cash /Bank
29,411,263.59 30,144,506.70
132,811,183.53 139,355,064.12
TOTAL ASSETS
176,842,947 191,576,450.79

EQUITY AND LIABILITIES

Equity

Capital 10,315,507.75 10,315,507.75

Accumulated Profit/Loss 162,839,960.90 163,242,216.47

173,155,468.7 173,557,724.22
Current Liabilities

Creditor 987,478.25 15,318,728.57

Current Account with Kitengule 2,700,000.00 2,700,000

3,687,478.25 18,018,728.57
176,842,947 191,576,452.77