የኢትዮጵያ ኮንስትራክሽን ሥራዎች ኮርፖሬሽን

አባሪ 2፡- የኮርፖሬት ፋይናንስ አፈጻጸም፤

Ethiopian construction Works Corporation
Transport Infrastructure Construction Sector
Own Force Built (Cost Recovery)Project
Provisional Statement of Net Margined
For Ten Months Ending Ginbot 30,2010

Planed (Proportionally
Performance in
Description calculated for 11 Months Performance
%
Revised Plan)

Construction Income 377,737,712.15 297,252,725.68 78.69

Direct Cost -
Direct Labor 43,980,302.89 9,598,770.77
Direct material 16,130,384.01 2,799,754.01
Equipment costs 152,902,548.03 120,175,327.05
Deprecation 1,492,806.17 -
Total Direct Cost 214,506,041.10 132,573,851.83 61.80
Gross Operating Profit 163,231,671.05 164,678,873.85
Other Income 229,166.67 - -
Sub Total 163,460,837.72 164,678,873.85 100.75
Gen. & Admin. Expense -
Salaries & Benefits 18,764,630.76 6,620,679.37
Construction Materials & Supplies 3,496,504.94 350,743.76
Equipment Parts & Supplies 3,096,446.90 3,203,041.41
Other supplies 1,601,733.25 113,948.68
Depreciation expense 1,405,518.34 -
Repair & maintenance 2,153,587.25 -
Other Expenses 2,000,035.61 302,307.53
Utility, Comm. & Reproduction 1,207,732.14 3,200.00
Financial Expense 879,382.39 -
Total Gen. & Admin. Expense 34,605,571.59 10,593,920.75 30.61
Head Office Overhead Cost -
Corporate Head Office 25,208,333.33 -
Sector Head office 3,002,174.99 -
Total Overhead Cost 28,210,508.32 -
Total Admin. & Overhead Expense 62,816,079.91 10,593,920.75
Net Profit before Tax 100,644,757.81 154,084,953.10 153.10

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 የኢትዮጵያ ኮንስትራክሽን ሥራዎች ኮርፖሬሽን

Ethiopian construction Works Corporation

Transport Infrastructure Construction Sector
Road Construction Projects
Provisional Profit and Loss Statements
For Ten Months Ending Ginbot 30,2010

Planed
(Proportionally
Description calculated for 11 Performance Performance
Months Revised
Plan)
Construction Income 1,469,065,542.41 1,128,771,820.30 76.84
Direct Cost -
Direct Labor 251,425,302.30 257,789,614.44
Direct material 210,646,063.77 145,686,143.67
Equipment costs 431,818,057.78 426,461,038.90
Deprecation 32,173,439.88 45,266,468.87
Total Direct Cost 926,062,863.74 875,203,265.88 94.51
Gross Operating Profit 543,002,678.67 253,568,554.42
Other Income 1,845,708.33 76,465,592.20
Sub Total 544,848,387.01 330,034,146.62 60.57
Gen. & Admin. Expense -
Salaries & Benefits 176,830,502.81 151,426,500.86
Construction Materials & Supplies 21,338,637.45 10,458,609.07
Equipment Parts & Supplies 32,402,912.26 27,589,702.68
Other supplies 4,029,809.90 3,527,890.65
Depreciation expense 5,755,559.71 (104,981.75)
Repair & maintenance 812,950.53 351,062.33
Other Expenses 13,989,698.26 11,575,313.26
Utility, Comm. & Reproduction 1,581,872.30 1,347,508.92
Financial Expense 735,904.55 307,252.48
Total Gen. & Admin. Expense 257,477,847.78 206,478,858.50 80.19
Head Office Overhead Cost -
Corporate Head Office 58,793,658.09 26,693,774.70
Sector Head office 16,871,441.56 14,607,219.96
Total Overhead Cost 75,665,099.65 41,300,994.66
Total Admin. & Overhead Expense 333,142,947.44 247,779,853.16
Net Profit before Tax 211,705,439.57 82,254,293.47 38.85

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 የኢትዮጵያ ኮንስትራክሽን ሥራዎች ኮርፖሬሽን

Ethiopian construction Works Corporation

Transport Infrastructure Construction Sector
Road Maintenance Projects
Provisional Profit and Loss Statements
For Ten Months Ending Ginbot 30,2010

Planed
(Proportionally
Description calculated for 11 Performance Performance in %
Months Revised
Plan)
Construction Income 1,833,332,657.85 1,747,315,163.27 95.31
Direct Cost -
Direct Labor 363,849,089.92 324,939,174.92
Direct material 406,296,128.67 216,350,315.52
Equipment costs 272,799,412.83 356,981,234.73
Deprecation 30,641,153.18 16,789,921.22
Total Direct Cost 1,073,585,784.60 915,060,646.39 85.23
Gross Operating Profit 759,747,549.25 832,254,516.88
Other Income 7,262,446.90
Sub Total 767,009,996.15 832,254,516.88 108.51
-
Gen. & Admin. Expense -
Salaries & Benefits 199,841,799.09 183,997,166.37
Construction Materials & Supplies - -
Equipment Parts & Supplies 47,882,226.65 35,483,392.26
Other supplies 12,633,306.46 3,040,050.98
Depreciation expense 5,602,438.12 1,509,604.85
Repair & maintenance 7,038,914.14 9,054,825.16
Other Expenses 7,922,099.86 8,620,574.08
Utility, Comm. & Reproduction 6,854,475.33 1,199,989.08
Financial Expense 998,488.56 583,634.06
Total Gen. & Admin. Expense 288,773,748.21 243,489,236.84 84.32
Head Office Overhead Cost -
Corporate Head Office 83,988,649.62 33,344,912.56
Sector Head office 23,641,352.26 17,668,385.50
Total Overhead Cost 107,630,001.88 51,013,298.06
Total Admin. & Overhead Expense 396,403,750.09
Net Profit before Tax 370,606,246.06 537,751,981.97 145.10

Ethiopian construction Works Corporation

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 የኢትዮጵያ ኮንስትራክሽን ሥራዎች ኮርፖሬሽን

Water Infrastructure Construction Sector

Cost Recovery & Own Force Built Projects
Provisional Statement of Net Margined
For Months Ending Ginbot 30,2010

Planned
(Proportionally
Description Performance Performance in %
calculated for 11
Months)
Construction Income 1,755,912,765.77 1,152,380,488.73 65.63
Direct Cost 0 -
Direct Labor 83,832,456.27 76,169,011.03
Direct material 169,387,435.55 22,068,266.19
Equipment costs 1,109,085,513.21 389,841,606.38
Deprecation 9,267,795.59 50,691,934.40
Total Direct Cost 1,371,573,200.62 538,770,818.00 39.28
Gross Operating Profit 384,339,565.15 613,609,670.73
Other Income 0 -
Sub Total 384,339,565.15 613,609,670.73 159.65
0 -
Gen. & Admin. Expense 0 -
Salaries & Benefits 38,064,627.33 68,295,298.92
Construction Materials & Supplies 14,911,268.26 8,797,384.87
Equipment Parts & Supplies 2,554,784.17 14,052,219.09
Other supplies 22,228,236.09 3,616,677.50
Depreciation expense - -
Repair & maintenance 446,664.17 6,435.48
Other Expenses 33,130,037.21 746,624.06
Utility, Commu. & Reproduction 2,401,522.20 57,526.97
Financial Expense 1,705,000.00 19,805.39
Total Gen. & Admin. Expense 115,442,139.43 95,591,972.27 82.81
Head Office Overhead Cost - -
Corporate Head Office 21,128,981.66 52,807,172.35
Sector Head office 14,888,552.76 38,920,556.99
Total Overhead Cost 36,017,534.42 91,727,729.33
Total Admin. & Overhead Expense 151,459,673.85 -
Net Margined 232,879,891.30 426,289,969.13 183.05

Ethiopian construction Works Corporation

Water Infrastructure Construction Sector

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Profit Oriented Projects

Provisional Profit and Loss Statements
For Months Ending Ginbot 30,2010

Planned
(Proportionally
Description Performance Performance in %
calculated for 11
Months)
Construction Income 1,035,899,435.74 324,791,464.10 31.35
Direct Cost -
Direct Labor 62,445,716.64 72,510,051.26
Direct material 247,439,977.18 49,251,693.24
Equipment costs 548,256,074.04 73,716,479.60
Deprecation 9,319,227.13 42,123,579.08
Total Direct Cost 867,460,995.00 237,601,803.18 27.39
Gross Operating Profit 168,438,440.74 87,189,660.92
Other Income - -
Sub Total 168,438,440.74 87,189,660.92 51.76
-
Gen. & Admin. Expense -
Salaries & Benefits 12,114,327.39 52,846,777.89
Construction Materials & Supplies 33,434.20 8,085,516.08
Equipment Parts & Supplies 1,744,523.72 16,257,216.94
Other supplies 1,908,049.32 1,752,570.56
Depreciation expense - -
Repair & maintenance 2,300,028.04 20,039.50
Other Expenses 3,233,496.87 2,087,995.16
Utility, Commu. & Reproduction 1,773,979.48 644,393.95
Financial Expense 57,750.00 35,475.99
Total Gen. & Admin. Expense 23,165,589.01 81,729,986.07 352.81
Head Office Overhead Cost -
Corporate Head Office 20,625,727.27 22,784,362.54
Sector Head office 14,242,659.43 10,170,706.83
Total Overhead Cost 34,868,386.70 32,955,069.37
Total Admin. & Overhead Expense 58,033,975.71
Net Profit before Tax 110,404,465.03 (27,495,394.52) (24.90)

Ethiopian construction Works Corporation

Building Technology & Construction Sector
የ 2010 በጀት ዓመት የአፈጻጸም ሪፖርት Page 68
 የኢትዮጵያ ኮንስትራክሽን ሥራዎች ኮርፖሬሽን

Provisional Profit and Loss Statements

For Months Ending Ginbot 30,2010

Planned
(Proportionally Performance in
Description Performance
calculated for 11 %
Months)
Construction/Operating Income 298,554,477.90 329,791,246.92 110.46
Direct Cost -
Direct Labor 24,151,316.57 29,053,830.68
Direct material 157,684,616.48 190,901,790.82
Equipment costs 16,960,775.91 14,043,343.64
Deprecation 1,382,123.44 1,507,771.02
Total Direct Cost 200,178,832.39 235,506,736.16 117.65
Gross Operating Profit 98,375,645.51 94,284,510.76 95.84
Other Income 423,162.67 820,933.55
Sub Total 98,798,808.17 95,105,444.31 96.26
-
Gen. & Admin. Expense - -
Salaries & Benefits 17,487,608.83 8,232,751.50
Construction Materials & Supplies 464,110.76 642,660.65
Equipment Parts & Supplies 4,178,880.72 1,263,926.50
Other supplies 165,667.99 113,018.46
Depreciation expense 1,352,876.85 1,964,015.05
Repair & maintenance - -
Other Expenses 1,269,775.22 4,005,848.08
Utility, Comm. 656,359.64 838,038.70
Financial Expense 1,094,149.65 1,817.80

Total Gen. & Admin. Expense 26,669,429.66 17,062,076.74 63.98

Head Office Overhead Cost -

Corporate Head Office 22,214,624.42 18,591,536.63
Sector Head office 17,049,766.31 19,981,737.72

Total Overhead Cost 39,264,390.73 38,573,274.35

65,933,820.39 55,635,351.09
Total Admin. & Overhead Cost Expense
Net Profit before Tax 32,864,987.78 39,470,093.22 120.10

የ 2010 በጀት ዓመት የአፈጻጸም ሪፖርት Page 69