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Engen Botswana
On this page
Company details
- Legal name
- Engen Botswana Limited
- Listing
- ENGEN on the Botswana Stock Exchange, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2024 · annual report, signed / final · source
-
Revenue
BWP 3.45 billion
3,450,419 BWP thousands · p55
−0.1% vs 2023
-
Operating profit / (loss)
Not reported in this filing
-
Profit / (loss) for the year
BWP 55.7 million
55,682 BWP thousands · p55
−50.9% vs 2023
-
Total assets
BWP 958 million
957,668 BWP thousands · p56
−32.3% vs 2023
-
Total equity
BWP 405 million
405,136 BWP thousands · p56
−35.4% vs 2023
-
Cash from operations
−BWP 121 million
(121,290) BWP thousands · p56
−122.2% vs 2023
Large amounts are rounded for reading (BWP million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in BWP thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2024 — annual report, signed / final; reported for the year · source
- FY2023 — annual report, signed / final; comparative in the FY2024 filing · source
Income statement
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Revenue from contracts with customers | 3,450,419 | 3,454,745 |
| Cost of goods sold | (3,146,513) | (3,151,098) |
| Gross profit | 303,906 | 303,647 |
| Other revenue1 | 14,313 | 12,648 |
| Other operating income | 6,868 | 759 |
| Foreign currency gains | 1,852 | 3,869 |
| Administrative expenses | (18,097) | (15,133) |
| Distribution and marketing expenses | (168,716) | (110,212) |
| Net impairment (losses)/gains on financial assets | (7,872) | 1,350 |
| Other operating expenses | (4,954) | (3,585) |
| Share of profit of joint ventures2 | 3,534 | 7,479 |
| Finance income | 4,178 | 12,695 |
| Finance costs | (23,980) | (19,628) |
| Profit before tax | 111,032 | 193,889 |
| Taxation | (55,350) | (80,445) |
| Profit for the year | 55,682 | 113,444 |
| Other comprehensive income for the year | –3 | –3 |
| Total comprehensive income for the year | 55,682 | 113,444 |
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (2)
- “Other revenue” is an issuer-specific line, not mapped to a shared definition: Note 2: other revenue, printed after gross profit (Company column: dividends from the subsidiary).
- “Share of profit of joint ventures” is an issuer-specific line, not mapped to a shared definition: Note 8: equity-accounted joint ventures.
Balance sheet
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Property, plant and equipment | 367,617 | 379,296 |
| Right of use of assets | 126,976 | 91,349 |
| Investments in joint ventures1 | 44,942 | 46,906 |
| Investments2 | 37 | 37 |
| Investments in subsidiaries3 | –4 | –4 |
| Deferred tax asset | 11,783 | 8,989 |
| Non-current assets (unlabelled subtotal) | 551,355 | 526,577 |
| Inventories | 41,650 | 55,818 |
| Trade and other receivables | 138,024 | 237,447 |
| Tax receivable | 13,338 | 12,628 |
| Forward exchange contract asset | –5 | 705 |
| Cash and cash equivalents | 213,301 | 580,645 |
| Current assets (unlabelled subtotal) | 406,313 | 887,243 |
| TOTAL ASSETS | 957,668 | 1,413,820 |
| Stated capital | 8,138 | 8,138 |
| Non distributable reserves6 | 2,200 | 2,200 |
| Retained earnings | 394,798 | 616,553 |
| Total equity | 405,136 | 626,891 |
| Deferred tax liabilities | –7 | –7 |
| Lease liabilities | 130,344 | 109,497 |
| Provisions | 51,769 | 49,907 |
| Borrowings | 150,000 | 100,000 |
| Non-current liabilities (unlabelled subtotal) | 332,113 | 259,404 |
| Trade and other payables | 206,329 | 525,213 |
| Borrowings | 59 | 58 |
| Lease liabilities | 14,031 | 1,729 |
| Forward exchange contract liability | –8 | 525 |
| Current liabilities (unlabelled subtotal) | 220,419 | 527,525 |
| Total Liabilities | 552,532 | 786,929 |
| TOTAL EQUITY AND LIABILITIES | 957,668 | 1,413,820 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (4)
- “Investments in joint ventures” is an issuer-specific line, not mapped to a shared definition: Note 8: equity-accounted joint ventures.
- “Investments” is an issuer-specific line, not mapped to a shared definition: Note 9: other investments, non-current.
- “Investments in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 10: a Company-only line; the Group columns print dashes.
- “Non distributable reserves” is an issuer-specific line, not mapped to a shared definition: Equity reserve arising from the capitalisation of a shareholder loan account (footnote, statement of changes in equity).
Cash flow
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Operating profit/(loss) before working capital changes1 | 167,529 | 232,524 |
| Decrease/(Increase) in trade and other receivables2 | 91,551 | 257,146 |
| Decrease in inventories3 | 14,168 | 9,517 |
| Increase/(Decrease) in trade and other payables4 | (318,880) | 134,075 |
| Cash (used in)/generated from operations | (45,632) | 633,262 |
| Interest received | 4,178 | 11,950 |
| Interest paid5 | (20,981) | (11,441) |
| Income taxes paid | (58,855) | (87,382) |
| Net cash flows (used in)/from operating activities | (121,290) | 546,389 |
| Acquisition of property, plant and equipment to expand operations | (20,208) | (74,563) |
| Dividends received from subsidiary6 | –7 | –7 |
| Dividend received from joint venture8 | 5,498 | 2,840 |
| Net cash flows (used in)/from investing activities | (14,710) | (71,723) |
| Dividends paid | (277,437) | (334,794) |
| Payment of principal portion of lease liabilities | (4,011) | (4,861) |
| Proceeds from borrowings | 50,000 | 100,000 |
| Net cash flows used in financing activities | (231,448) | (239,655) |
| Net (decrease)/increase in cash and cash equivalents | (367,448) | 235,011 |
| Net foreign exchange differences | 104 | 48 |
| Cash and cash equivalents at the beginning of the year | 580,645 | 345,586 |
| Cash and cash equivalents at end of the year | 213,301 | 580,645 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (7)
- “Operating profit/(loss) before working capital changes” is an issuer-specific line, not mapped to a shared definition: Operating activities subtotal.
- “Decrease/(Increase) in trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
- “Decrease in inventories” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
- “Increase/(Decrease) in trade and other payables” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
- “Interest paid”: mapping to a shared definition is uncertain. Printed 'Interest paid' (20,981) in operating activities; the statement does not say whether it includes lease interest (finance costs 23,980, note 3.4).
- “Dividends received from subsidiary” is an issuer-specific line, not mapped to a shared definition: Investing; a Company-only line, the Group columns print dashes.
- “Dividend received from joint venture” is an issuer-specific line, not mapped to a shared definition: Investing.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid |
(277,437) | BWP thousands | Annual report, p56 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | Dividends paid |
(334,794) | BWP thousands | Annual report, p56 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Engen Botswana Limited — Integrated Annual Report for the year ended 31 December 2024 (Annual Consolidated and Separate Financial Statements)
Year ended 31 December 2024 · Annual report · signed / final
Audit: PricewaterhouseCoopers (Firm of Certified Auditors, Gaborone), unmodified opinion · signed
Auditor's sign-off: PricewaterhouseCoopers; Practicing Member: Rudi Binedell (CAP003 2025)
Final status: The independent auditor's report (PDF pp52-55, folios 101-106) closes with a handwritten signature above 'PricewaterhouseCoopers, Firm of Certified Auditors, Practicing Member: Rudi Binedell (CAP003 2025)', '31 March 2025, Gaborone' (PDF p55, page image). The approval of the annual consolidated and separate financial statements carries two handwritten director signatures dated '25 March 2024' as printed (PDF p51, folio 99, page image).
- Document date
- 31 Mar 2025
- Auditor's report
- 31 Mar 2025
- Board approval
- 25 Mar 2024
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2024, FY2023
- Basis
- consolidated statements · BWP thousands (printed “P'000”)
- Key audit matter: 'Provision for Dismantling, restoration and removal costs' (p53). No emphasis of matter or going-concern paragraph is printed.
- The board approval is dated '25 March 2024' under both director signatures (PDF p51, folio 99, page image), which is before the 31 December 2024 year end; the directors' report records a final dividend 'declared on 25 March 2025' (p52) and the auditor's report is dated 31 March 2025 (p55). The date is recorded as printed.
- Each statement prints Group and Company columns (Group Dec 2024, Group Dec 2023, Company Dec 2024, Company Dec 2023); the Group columns are transcribed. Company-only lines print dashes in the Group columns and are read as nil, confirmed by the printed subtotals. The PDF is laid out as two-page spreads, so each PDF page carries two printed folios.
- HIDDEN TEXT IN THE TEXT LAYER: on PDF pp52-55 the text layer holds, besides the visible typeset auditor's report, a second copy of the PwC auditor's report text that is not visible on the rendered pages (it refers to the statements 'set out on pages 9 to 60', whereas the visible report says 'pages 107 to 164', p52, page image). The hidden copy holds narrative text (and the materiality figure BWP10,972,567), not statement figures; the statement pages p55-p56 carry no duplicate figures. Only the visible statements are transcribed.
- Earnings per share is printed in thebe (34.86; 2023: 71.03, p55), basic and diluted on separate lines with the same figures. Profit and total comprehensive income are wholly attributable to equity holders of the parent (no non-controlling interests printed).
Technical details
- File
- 88 pages, with a text layer
- SHA-256
0ea3569acefd5dc3c7db2650537f19073aceb5bacd1b3646945ff599a10aee62- Entity as printed
- Engen Botswana Limited (the "Company") and its subsidiaries (together the "Group"); Company Number BW00000748780 (p51)
- Exchange copy
- retrieved 2026-10-08T18:16:32Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.