Weekly Cash flow Report

Week of May 7th 2017

03 May 2017 | Cash Flow Report

Contents

AR Aging report 3

AP Aging report 4

AP Ranking 5

Debtors and Creditors 6

Cash Flow Report 7

Banks accounts summary 8

2
03 May 2017 | Cash Flow Report

Summary

0.53 AR to AP Ratio XX AR 150 days age

Indicates inability of KETS to meet its financial Indicates inability of KETS to meet its financial
obligations obligations

YY AP 12o days age ZZ min, max, ave. Balance

Indicates inability of KETS to meet its financial Indicates inability of KETS to meet its financial
obligations obligations
03 May 2017 | Cash Flow Report

Debtors and creditors (000 SDG)

0.6 0.7 0.5 0.5 0.6 0.6 0.5 EMPLOYEE O END
DIRECTOR
O FSES
SMAN
GABAN
ABDELN
HAJIR
PARADISE
ACCESS
SERVICES
HASAN
SOBA
I COMPUTER
COSULTAN
ASSIR
N SHIRI
ile SOFRECO
Petroleum
EN
DVERTSIN
LIMOSIN
REMUNERATION
3% KETS
KETS
SAEED
SUDATEL
GIN
TRAVEL
1STAFF
EER LE IN VESTMENT
BENEFIT
OSMAN
HAJ WATER
CO
GECY 1%
0 %KETS10%0%
00% %00%
0% GM%
%%001%
%
0%%
2 0 9 7 1 3 3 N3%
BUSN ESS PRO FIT TAX/ Zakat 2%
2%
ISF

45,000,000 3%

40,000,000 PERSON AL INCOME TAX

KENAN A SUGAR COMPAN Y
4 0%
13 %
35,000,000
30,000,000
25,000,000 Creditors
VALUE ADED TAX
20,000,000 13 %

15,000,000 WNSC EXCUTIVE DIRECTOR

6%
KIAS
13 %

10,000,000
5,000,000 KABUSHAP AGRICLTURE PROJECT
OTHER DEBTORS
1%
2%
- ALZAWAYA COMPANY
1%
WATER TREATMENT ELSHARIG
2%
BELES I AND II
2%
Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 DUABI OFFICE WADI KAYA
3% 2%

DSR NIGERIA
4%

Account Payable Apparently the liabilities are increasing on KETS. From the WEST AFRICA
9%

beginning of the FY the AP increased by 13% Debtors

WATER TREATMENT GADARIF

Account Receivable AR decreased on the other hand by 4% which means the gap is 2%

increasing between AP and AR

WHITE NILE SUGAR COMPANY
72%

Liquidity As of April, liquidity is 0.53 which indicates inability to meet AP

• Total account payable and short term liabilities total to a 42,978,157 SDG, while the account receivable from clients and works
Coverage concluded is 22,559,777 SDG.
• The status show that, KETS is not in a position to pay its dues even if all money is collected.

• The largest creditors are governmental (Taxes, zakat, NSIF, etc..). The highest risk comes from the legal implication of any
Creditors delays in settling the dues.
• Second largest creditor is KSC, which is a related party and no pressure to settle the dues

Debtors • WNSC is the largest debtors. WNSC has been recording losses for the past two years, with over 2.7b SDG debt to suppliers and
bank. Probability to collect the totals is slim leaving KETS to look into other options to cover the urgent dues.

4
 Aging Analysis as of 30 Apr 2017 (000 SDG0)
Account Receivable AP Ranking
Balance as Total Due 5 Months 6 Months
0 - 30 30 - 60 60 - 90 90 - 120 More than Top Priority Payments Priority level
AR of 30 Apr Days Days Days Days 120 Days SDG balance and more
16
WHITE NILE SUGAR COMPANY 17,932 343 343 343 343 16,559 NISF 1,174 837 336 837

DSR NIGERIA 998 191 - 14 - 792 VALUE ADED TAX 5,846 311 5,535 5,535

DUABI OFFICE 856 - - 131 105 620 PERSONAL INCOME TAX 5,524 572 4,952 4,952

ALZAWAYA COMPANY 304 - - - - 304 KETS STAFF 2,398 1,929 469 469

WATER TREATMENT ELSHARIG 429 - - - - 429 OTHER CREDITORS 1,024 528 496 413

KABUSHAP AGRICLTURE PROJECT 426 - - 426 - - RELATED PARTIES 24,487 1,121 23,366 -

BELES I AND II 446 - 446 - - - BUSNESS PROFIT TAX/ Zakat 1,082 - 1,082 -

Other Debtors 200 - - - - 200 Total 41,534 5,299 36,235 12,206

              11,324
  22,167 535 790 916 448 19,479 882

Account Payable

0 - 30 30 - 60 60 - 90 90 - 120 120 - 150 More than

Current Payables Amount /SDG Days Days Days Days Days 150 Days

Due to Related Parties 24,487 226 386 86.25 236 186 23,366

TAX AND GOV CREDITORS 13,625 327 333 395.048 333 333 11,905

STAFF CREDITORS 2,398 1,327 81 161.8245 250 109 469

OTHER CREDITORS 1,024 224 278 27.248 - - 496

GRAND TOTAL 41,534 2,103 1,078 670 820 628 36,235

              87%

5
Cash Flow
03 May 2017 | Cash Report
Flow Report and forecast (000 SDG)

Month Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17
Opening Balance 893 874 689 337 8,380 1,426 426 67 99 70 - -
Collections                       
WNSC - 700 700 2,000 1,600 500 60 - 500 500   
DSR - 1 534 - - 8,338 - - - - - -    
Elsharig WT 2,680 - - - - - - - - -    
KEPM/B I & II - - - - - - - 169 - -    
El Zawaya Project - - - - - - - - 200 150   
Kaboushab - - - 346 - - 113 364 455 248   
Other - 16 14 37 - - - -     
S T  

-   CA  
Loans:      

-   E
KIAS - 600 100 150 - 300 140 - -
KSC - 50 1,100 1,140 2,000 300 - - -
R  
Other
KIAS (Dollar Sale)
Gain of Exchange
-
-
 
-
340
 
-
-
 
-
-
 
-
-
 
-
-
 
-
-
 
2,000
-
  
-
-
 
FO  
500 
-  
 
 
 
Total Cash in 4,107 2,580 2,603 12,347 11,980 2,526 739 2,600 1,254 1,468 - -
Accounts Payables 205 250 25 1,642 7,062 623 187 183 - -    
G&A 99 122 87 891 473 50 45 40 20 20    
VAT &Tax 3 4 4 103 403 11 12 300 - 300   
NSIF - - - 169 332   - 336 165 165   
COS 2,887 158 671 978 449 404 385 48 - -    
Salaries - 539 1,074 87 1,065 601 - 629 576 576   
MILLEAGE 39 40 43 48 46 47 44 45 45 44   
LTA & BONUS - 728 363 - 725 363 - 690 345 345   
Zakat 0 50 - 50 - - - - - -    
Redundancy - - - - - - - 230 33 -    
Fixed Assets - - - - - - - - - -    
Total cash out 3,233 1,891 2,266 3,967 10,555 2,100 672 2,501 1,184 1450 - -
Closing Balance 874 689 337 8,380 1,426 426 67 99 70 18   

6
Bank Status(USD$)
SDG Equivalent
No Bank
Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17
1 Bank of Khartoum (Sudan) 61,821 61,673 62,840 47,372 752,923 39,015 37,115 23,422
2 Bank of Khartoum (Sudan) US $ 18,924 18,924 18,924 18,924 18,924 18,924 18,924 18,924
3 Sudanese French Bank Main 1,191 1,191 1,191 1,191 1,191 1,191 1,191 1,191
4 Sudanese French Bank Sub 2,712 2,712 2,712 2,712 2,712 2,712 2,712 2,712
5 Sudanese French Bank US $ 2,449 2,449 2,449 2,449 2,449 2,449 2,449 2,449
6 QNB (Sudan)SDG 9,865 9,865 9,865 9,865 4,865 17,808 14,628 8,076
7 QNB (Sudan) US $ 14,197 14,197 14,197 14,197 190,450 27,950 20,917 20,917
8 QNB (Sudan)Euro 4,392 4,392 4,392 4,392 7,272 170,184 8,184 8,184
9 QNB (Sudan)QR 1,824 1,824 1,824 1,824 1,824 1,824 1,824 1,824
10 FIB (Sudan) 561,592 18,274 13,155 13,155 9,940 9,940 9,940 9,940
11 Eco Bank (Nigeria) 1,918,750         3,325,000 2,731,250 1,918,750
12 GTB (Nigeria) 104,589 104,589 104,589 104,589 104,589 104,589 104,589 104,589
13 Zenith (Nigeria) - - - - - - - -
14 Cash at Hand - - - - - - - -
  Sum 2,702,305 240,089 236,137 220,669 1,097,138 3,721,584 2,953,721 2,120,976
  USD Equivalent 432,369 38,414 37,782 35,307 175,542 595,454 472,595 339,356

Balance (USD) 595,454

472,595
432,369
339,356

175,542
38,414 37,782 35,307

Oct Nov Dec Jan Feb Mar Apr May