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MTC

MOC · Namibian Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Mobile Telecommunications Limited
Listing
MOC on the Namibian Stock Exchange, active (observed 2026-10-06)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 September

Overview

Year ended 30 September 2024 · annual report, final status not established · source

Read with these figures

  • Annual report not confirmed as final. The published copy is not confirmed as the final version. The FY to 30 Sep 2024 figures come from it.
Full wording and sources

  • Annual report for 2024: final status not established

    Independent auditor's report of PricewaterhouseCoopers to the members of Mobile Telecommunications Ltd (opinion PDF p79) closes on PDF p82 with a handwritten 'PricewaterhouseCoopers' signature above 'Registered Accountants and Auditors, Chartered Accountants (Namibia), Per: Gerrit Esterhuyse, Partner, Windhoek, Namibia', but no date is printed anywhere in the report (PDF pp79-82, page image of p82). The statements were approved by the directors and signed on 5 December 2024 by Theofelus Mberirua (Chairperson) and Werner Schuckmann (Chairperson of Audit, Risk and Compliance Committee), handwritten signatures visible (PDF p78, page image).

    Source: MTC Integrated Annual Report 2024 (dated 2024-12-05)

  • Revenue

    NAD 3.23 billion

    3,225,100 NAD thousands · p85

    Change not shown.

  • Operating profit / (loss)

    NAD 1.02 billion

    1,023,950 NAD thousands · p85

    Change not shown.

  • Profit / (loss) for the year

    NAD 773 million

    772,881 NAD thousands · p85

    Change not shown.

  • Total assets

    NAD 4.36 billion

    4,357,258 NAD thousands · p86

    Change not shown.

  • Total equity

    NAD 2.90 billion

    2,901,856 NAD thousands · p86

    Change not shown.

  • Cash from operations

    NAD 1.39 billion

    1,385,407 NAD thousands · p88

    Change not shown.

Large amounts are rounded for reading (NAD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the two years come from different filings.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in NAD 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

  • FY to 30 Sep 2024 — annual report, final status not established; reported for the year · source
  • FY to 30 Sep 2023 — annual report, signed / final; reported for the year · source
  • FY to 30 Sep 2022 — annual report, signed / final; comparative in the FY to 30 Sep 2023 filing · source

Income statement

Income statement, NAD thousands. Columns: FY to 30 Sep 2024 — annual report (final status not established), as reported for the year; FY to 30 Sep 2023 — annual report (signed / final), as reported for the year; FY to 30 Sep 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 30 Sep 2024Annual reportreported for the yearFY to 30 Sep 2023Annual reportreported for the yearFY to 30 Sep 2022Annual reportcomparative in FY to 30 Sep 2023 filing
Revenue 3,225,100 3,046,878 2,893,000
Other income 23,298 3,0751 12,316
Total income2 3,248,398 3,049,9533 2,905,316
Cost of sales of finished goods45 (313,817) (337,514)6 (287,768)
Direct costs7 (505,013) (373,653) (369,677)
Sales and marketing8 (84,436) (77,560) (85,259)
General and administration9 (296,580) (259,477)10 (247,907)
Personnel costs (561,776) (495,417) (433,871)
Depreciation (303,198) (268,410) (268,004)
Amortisation (152,477) (138,573) (151,557)
Impairment losses on financial and contract assets (7,151) Not reported in this filing1211 Not reported in this filing12
Profit from operating activities13 1,023,950 1,099,709 1,061,273
Finance income1415 94,558 70,659 85,535
Finance costs (19,691) (21,771) (22,693)
Profit before tax16 1,098,817 1,148,597 1,124,115
Income tax expense17 (325,936) (354,422) (331,076)
Profit for the year 772,881 794,175 793,039
Total comprehensive income18 772,881 794,175 793,039
Other comprehensive income Not reported in this filing19 –20 –20
  1. Printed “–”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (19)
  1. Annual report dated 2024-12-05 prints 18 059 (thousands, p85) for this line and year.
  2. “Total income” is an issuer-specific line, not mapped to a shared definition: Printed subtotal: revenue plus other income.
  3. Annual report dated 2024-12-05 prints 3 064 937 (thousands, p85) for this line and year.
  4. “Cost of sales of finished goods” is an issuer-specific line, not mapped to a shared definition: Operating expense.
  5. Printed under different labels across filings: “Changes in inventories of finished goods”; “Cost of sales of finished goods”.
  6. Annual report dated 2024-12-05 prints (337 154) (thousands, p85) for this line and year.
  7. “Direct costs” is an issuer-specific line, not mapped to a shared definition: Operating expense.
  8. “Sales and marketing” is an issuer-specific line, not mapped to a shared definition: Operating expense.
  9. “General and administration” is an issuer-specific line, not mapped to a shared definition: Operating expense.
  10. Annual report dated 2024-12-05 prints (274 715) (thousands, p85) for this line and year.
  11. Annual report dated 2024-12-05 presents this line for this year: 254 (p85). Not shown in this column, which follows one filing's presentation.
  12. Not reported in this filing: Not printed: the Group statement of profit or loss of the 2023 report (p95) has no impairment / expected credit loss line; its expense lines are 'Changes in inventories of finished goods', 'Direct costs', 'Sales and marketing', 'General and administration', 'Personnel costs', 'Depreciation' and 'Amortisation', then 'Profit from operations'. Text layer, and checked on the page image.
  13. Printed under different labels across filings: “Profit from operating activities”; “Profit from operations”.
  14. “Finance income”: mapping to a shared definition is uncertain. Printed 'Investment income' (note 4); the later year prints 'Finance income' for the same line.
  15. Printed under different labels across filings: “Finance income”; “Investment income”.
  16. Printed under different labels across filings: “Profit before tax”; “Profit before taxation”.
  17. Printed under different labels across filings: “Income tax expense”; “Taxation”.
  18. Printed under different labels across filings: “Total comprehensive income”; “Total comprehensive income for the year”.
  19. Not reported in this filing: Not printed: 'Other comprehensive income net of tax' is a heading with no amounts (p85).

Balance sheet

Balance sheet, NAD thousands. Columns: FY to 30 Sep 2024 — annual report (final status not established), as reported for the year; FY to 30 Sep 2023 — annual report (signed / final), as reported for the year; FY to 30 Sep 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 30 Sep 2024Annual reportreported for the yearFY to 30 Sep 2023Annual reportreported for the yearFY to 30 Sep 2022Annual reportcomparative in FY to 30 Sep 2023 filing
Property, plant and equipment 1,828,993 1,633,734 1,544,037
Right-of-use assets 195,099 225,342 190,907
Intangible assets 856,841 781,439 724,047
Investments in subsidiaries1 –2 –2 –2
Loans to employees3 1,075 1,525 1,137
Contract assets 67,199 23,151 19,263
Deferred tax assets 549 Not reported in this filing54 Not reported in this filing5
Long-term deposits67 465 50 19,510
Total non-current assets8 2,950,221 2,665,2419 2,498,901
Inventories 81,777 94,558 118,813
Loan to group company1011 –12 –12 –12
Loans to employees13 2,906 2,723 2,351
Trade and other receivables 205,581 202,980 182,870
Contract assets 128,003 115,935 118,315
Investments at fair value14 822,962 730,382 719,867
Current tax assets15 –12 5,238 –12
Cash and cash equivalents 165,808 146,004 86,136
Total current assets16 1,407,037 1,297,820 1,228,352
Total assets17 4,357,258 3,963,06118 3,727,253
Share capital 25,000 25,000 25,000
Retained income 2,876,856 2,648,625 2,517,825
Total equity19 2,901,856 2,673,625 2,542,825
Lease Liability20 207,389 208,682 195,321
Deferred tax liabilities21 381,438 415,26222 337,624
Provisions23 45,704 39,387 26,872
Total non-current liabilities24 634,531 663,33125 559,817
Trade and other payables 525,866 470,799 429,974
Lease Liability20 36,709 30,068 23,128
Deferred revenue2627 191,018 125,238 148,390
Current tax liabilities28 67,278 –29 23,119
Total current liabilities30 820,871 626,105 624,611
Total liabilities31 1,455,402 1,289,43632 1,184,428
Total equity and liabilities33 4,357,258 3,963,06118 3,727,253
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “–”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (30)
  1. “Investments in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 15; Group columns printed '–' (company-only item).
  2. “Loans to employees” is an issuer-specific line, not mapped to a shared definition: Note 17; non-current.
  3. Annual report dated 2024-12-05 presents this line for this year: 683 (p86). Not shown in this column, which follows one filing's presentation.
  4. Not reported in this filing: Not printed: the Group statement of financial position of the 2023 report (p96) has no deferred tax asset line; deferred tax appears only as the non-current liability 'Deferred tax' (note 19). Text layer.
  5. “Long-term deposits” is an issuer-specific line, not mapped to a shared definition: Non-current.
  6. Printed under different labels across filings: “Long term deposit”; “Long-term deposits”.
  7. Printed under different labels across filings: “Non-current assets (unlabelled subtotal)”; “Total non-current assets”.
  8. Annual report dated 2024-12-05 prints 2 665 924 (thousands, p86) for this line and year.
  9. “Loan to group company” is an issuer-specific line, not mapped to a shared definition: Note 15; current; Group columns printed '–' (company-only item).
  10. Printed under different labels across filings: “Loan to group company”; “Loan to subsidiaries”.
  11. “Loans to employees” is an issuer-specific line, not mapped to a shared definition: Note 17; current.
  12. “Investments at fair value”: mapping to a shared definition is uncertain. Printed 'Investments at fair value' (note 28) under current assets: money market fund investments at fair value through profit or loss.
  13. Printed under different labels across filings: “Current tax assets”; “Current tax receivable”.
  14. Printed under different labels across filings: “Current assets (unlabelled subtotal)”; “Total current assets”.
  15. Printed under different labels across filings: “Total Assets”; “Total assets”.
  16. Annual report dated 2024-12-05 prints 3 963 744 (thousands, p86) for this line and year.
  17. Printed under different labels across filings: “Equity (unlabelled subtotal)”; “Total equity”.
  18. Printed under different labels across filings: “Lease Liability”; “Lease liabilities”.
  19. Printed under different labels across filings: “Deferred tax”; “Deferred tax liabilities”.
  20. Annual report dated 2024-12-05 prints 415 945 (thousands, p86) for this line and year.
  21. “Provisions” is an issuer-specific line, not mapped to a shared definition: Note 23; non-current.
  22. Printed under different labels across filings: “Non-current liabilities (unlabelled subtotal)”; “Total non-current liabilities”.
  23. Annual report dated 2024-12-05 prints 664 014 (thousands, p86) for this line and year.
  24. “Deferred revenue”: mapping to a shared definition is uncertain. Printed 'Deferred revenue' (note 25), current.
  25. Printed under different labels across filings: “Deferred income”; “Deferred revenue”.
  26. Printed under different labels across filings: “Current tax liabilities”; “Current tax payable”.
  27. Printed under different labels across filings: “Current liabilities (unlabelled subtotal)”; “Total current liabilities”.
  28. Printed under different labels across filings: “Total Liabilities”; “Total liabilities”.
  29. Annual report dated 2024-12-05 prints 1 290 119 (thousands, p86) for this line and year.
  30. Printed under different labels across filings: “Total Equity and Liabilities”; “Total equity and liabilities”.

Cash flow

Cash flow, NAD thousands. Columns: FY to 30 Sep 2024 — annual report (final status not established), as reported for the year; FY to 30 Sep 2023 — annual report (signed / final), as reported for the year; FY to 30 Sep 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 30 Sep 2024Annual reportreported for the yearFY to 30 Sep 2023Annual reportreported for the yearFY to 30 Sep 2022Annual reportcomparative in FY to 30 Sep 2023 filing
Cash receipts from customers1 3,120,046 3,025,260 2,863,269
Cash paid to suppliers and employees2 (1,541,404) (1,487,828) (1,484,981)
Net cash flows from operations3 1,578,642 1,537,432 1,378,288
Interest paid45 –6 47 (148)
Interest received89 94,558 70,659 85,535
Income taxes paid10 (287,793) 305,14011 (272,217)
Net cash flows from operating activities12 1,385,407 1,302,947 1,191,458
Loan advances paid to subsidiaries13 –14 Not reported in this filing1615 Not reported in this filing16
Proceeds from sales of property, plant and equipment17 118 458 1,581
Purchase of property, plant and equipment (436,015) (327,730) (365,773)
Purchase of intangible assets18 (227,879) (195,965) (129,073)
Investment in money market funds1920 (1,094,547) (1,008,827) (1,008,135)
Withdrawals from money market funds21 1,001,966 998,312 920,000
Cash advances and loans made to employees22 (3,462) Not reported in this filing2423 Not reported in this filing24
Repayments of cash advances and loans received from employees25 3,729 Not reported in this filing2726 Not reported in this filing27
Construction deposit paid28 (415) 19,460 (19,510)
Cash flows used in investing activities29 (756,505) (515,052) (601,302)
Interest payments on lease liability (19,691) Not reported in this filing3130 Not reported in this filing31
Payments on lease liabilities3233 (39,487) (67,085)34 (53,422)
Dividends paid (544,650) (663,375) (519,645)
Cash flows used in financing activities35 (603,828) 730,46036 (573,067)
Net increase in cash and cash equivalents before effect of exchange rate changes37 25,074 57,435 17,089
Effect of exchange rate changes on cash and cash equivalents38 (5,270) 2,433 (6,793)
Net increase in cash and cash equivalents39 19,804 Not reported in this filing4140 Not reported in this filing41
Cash and cash equivalents at beginning of the year42 146,004 86,136 75,840
Cash and cash equivalents at end of the year43 165,808 146,004 86,136
Net movements in loans to subsidiaries44 Not reported in this filing45 –14 –14
Movement in loans to employees46 Not reported in this filing47 (760) (392)
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (45)
  1. “Cash receipts from customers” is an issuer-specific line, not mapped to a shared definition: Direct-method operating cash flow.
  2. “Cash paid to suppliers and employees” is an issuer-specific line, not mapped to a shared definition: Direct-method operating cash flow.
  3. Printed under different labels across filings: “Cash generated from operations”; “Net cash flows from operations”.
  4. “Interest paid”: mapping to a shared definition is uncertain. Printed 'Interest paid' in operating activities (lease interest is printed separately under financing).
  5. Printed under different labels across filings: “Finance costs”; “Interest paid”.
  6. Annual report dated 2024-12-05 prints (4) (thousands, p88) for this line and year.
  7. “Interest received”: mapping to a shared definition is uncertain. Printed 'Investment income' in operating activities (equal to the income-statement line).
  8. Printed under different labels across filings: “Interest received”; “Investment income”.
  9. Printed under different labels across filings: “Income taxes paid”; “Tax paid”.
  10. Annual report dated 2024-12-05 prints (305 140) (thousands, p88) for this line and year.
  11. Printed under different labels across filings: “Net cash flows from operating activities”; “Net cash from operating activities”.
  12. “Loan advances paid to subsidiaries” is an issuer-specific line, not mapped to a shared definition: Investing; Group printed '–'.
  13. Annual report dated 2024-12-05 presents this line for this year: – (p88). Not shown in this column, which follows one filing's presentation.
  14. Not reported in this filing: Not printed under this label: the Group statement of cash flows of the 2023 report (p99) prints the net line 'Net movements in loans to subsidiaries' (Group: – in both years), already transcribed as native.co_1xwr9t6fvhpb.net_movement_loans_to_subsidiaries; no gross 'Loan advances paid to subsidiaries' line. Text layer, and checked on the page image.
  15. Printed under different labels across filings: “Proceeds from sales of property, plant and equipment”; “Proceeds on disposal of property, plant and equipment”.
  16. Printed under different labels across filings: “Purchase of intangible assets”; “Purchase of other intangible assets”.
  17. “Investment in money market funds” is an issuer-specific line, not mapped to a shared definition: Investing.
  18. Printed under different labels across filings: “Investment in money market funds”; “Investments in money market funds”.
  19. “Withdrawals from money market funds” is an issuer-specific line, not mapped to a shared definition: Investing.
  20. “Cash advances and loans made to employees” is an issuer-specific line, not mapped to a shared definition: Investing.
  21. Annual report dated 2024-12-05 presents this line for this year: (3 887) (p88). Not shown in this column, which follows one filing's presentation.
  22. Not reported in this filing: Not reported separately: the Group statement of cash flows of the 2023 report (p99) prints only the net line 'Movement in loans to employees' ((760) 2023; (392) 2022), already transcribed as native.co_1xwr9t6fvhpb.net_movement_loans_to_employees; no gross advances line. Text layer, and checked on the page image.
  23. “Repayments of cash advances and loans received from employees” is an issuer-specific line, not mapped to a shared definition: Investing.
  24. Annual report dated 2024-12-05 presents this line for this year: 3 127 (p88). Not shown in this column, which follows one filing's presentation.
  25. Not reported in this filing: Not reported separately: the Group statement of cash flows of the 2023 report (p99) prints only the net line 'Movement in loans to employees' ((760) 2023; (392) 2022), already transcribed as native.co_1xwr9t6fvhpb.net_movement_loans_to_employees; no repayments line. Text layer, and checked on the page image.
  26. “Construction deposit paid” is an issuer-specific line, not mapped to a shared definition: Investing.
  27. Printed under different labels across filings: “Cash flows used in investing activities”; “Net cash used in investing activities”.
  28. Annual report dated 2024-12-05 presents this line for this year: (21 771) (p88). Not shown in this column, which follows one filing's presentation.
  29. Not reported in this filing: Not reported separately: the financing section of the Group statement of cash flows of the 2023 report (p99) prints one lease line, 'Payment on lease liabilities' ((67 085) 2023; (53 422) 2022), and 'Dividends paid'; no separate lease-interest line. Text layer, and checked on the page image.
  30. “Payments on lease liabilities”: mapping to a shared definition is uncertain. One line for lease payments (principal and interest not split on the face).
  31. Printed under different labels across filings: “Payment on lease liabilities”; “Payments on lease liabilities”.
  32. Annual report dated 2024-12-05 prints (45 314) (thousands, p88) for this line and year.
  33. Printed under different labels across filings: “Cash flows used in financing activities”; “Net cash used in financing activities”.
  34. Annual report dated 2024-12-05 prints (730 460) (thousands, p88) for this line and year.
  35. Printed under different labels across filings: “Net increase in cash and cash equivalents before effect of exchange rate changes”; “Total cash movement for the year”.
  36. Printed under different labels across filings: “Effect of exchange rate changes on cash and cash equivalents”; “Net foreign exchange differences”.
  37. “Net increase in cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: Printed net increase after the effect of exchange-rate changes (the line before it is the increase before that effect).
  38. Annual report dated 2024-12-05 presents this line for this year: 59 868 (p88). Not shown in this column, which follows one filing's presentation.
  39. Not reported in this filing: Not printed: the Group statement of cash flows of the 2023 report (p99) prints 'Total cash movement for the year' (before exchange differences; 57 435 2023, 17 089 2022), 'Cash at the beginning of the year', 'Net foreign exchange differences' and 'Total cash at end of the year'; there is no net-increase subtotal after exchange differences. Text layer, and checked on the page image.
  40. Printed under different labels across filings: “Cash and cash equivalents at beginning of the year”; “Cash at the beginning of the year”.
  41. Printed under different labels across filings: “Cash and cash equivalents at end of the year”; “Total cash at end of the year”.
  42. “Net movements in loans to subsidiaries” is an issuer-specific line, not mapped to a shared definition: Investing; Group printed '–'.
  43. Not reported in this filing: Not printed under this label: the Group statement of cash flows of the 2024 report (p88) prints the gross line 'Loan advances paid to subsidiaries' (Group 2024: –), already transcribed as native.co_1xwr9t6fvhpb.loan_advances_to_subsidiaries; no net-movement line. Text layer.
  44. “Movement in loans to employees” is an issuer-specific line, not mapped to a shared definition: Investing, note 15 (net).
  45. Not reported in this filing: Not printed: the Group statement of cash flows of the 2024 report (p88) prints the gross lines 'Cash advances and loans made to employees' ((3 462)) and 'Repayments of cash advances and loans received from employees' (3 729), both already transcribed; no net 'Movement in loans to employees' line. Text layer.

Per share and shares

Per share and shares. Columns: FY to 30 Sep 2024 — annual report (final status not established), as reported for the year; FY to 30 Sep 2023 — annual report (signed / final), as reported for the year; FY to 30 Sep 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 30 Sep 2024Annual reportreported for the yearFY to 30 Sep 2023Annual reportreported for the yearFY to 30 Sep 2022Annual reportcomparative in FY to 30 Sep 2023 filing
Earnings / (loss) per share (per share)612 1.03053 1.05894 1.05745
Profit / (loss) attributable to shareholders (NAD thousands)87 772,881 794,175 793,039
  1. Printed as 103.05 cents; value converted to NAD at 100 cents = 1 NAD.
  2. Printed as 105.89 cents; value converted to NAD at 100 cents = 1 NAD.
  3. Printed as 105.74 cents; value converted to NAD at 100 cents = 1 NAD.
Notes and alternative reported figures (5)
  1. “Basic earnings per share (cents)”: mapping to a shared definition is uncertain. Basic EPS (cents, note 10); diluted EPS is printed separately and differs for 2023 (native eps_diluted).
  2. Printed under different labels across filings: “Basic and diluted earnings per share (Cents)”; “Basic earnings per share (cents)”.
  3. Earnings / (loss) per share: printed as “Basic earnings per share (cents)”.
  4. Printed under different labels across filings: “Owners of Parent”; “Owners of the parent”.
  5. Profit / (loss) attributable to shareholders: printed as “Owners of Parent”.

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
30 Sep 2024 Dividends paid (cash flow statement) Dividends paid (544,650) NAD thousands Annual report, p88
30 Sep 2023 Dividends paid (cash flow statement) Dividends paid (663,375) NAD thousands Annual report, p99
30 Sep 2022 Dividends paid (cash flow statement) Dividends paid (519,645) NAD thousands Annual report, p99

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.

  • MTC Integrated Annual Report 2024

    Year ended 30 September 2024 · Annual report · final status not established

    Audit: PricewaterhouseCoopers, unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers, Per: Gerrit Esterhuyse, Partner

    Final status: Independent auditor's report of PricewaterhouseCoopers to the members of Mobile Telecommunications Ltd (opinion PDF p79) closes on PDF p82 with a handwritten 'PricewaterhouseCoopers' signature above 'Registered Accountants and Auditors, Chartered Accountants (Namibia), Per: Gerrit Esterhuyse, Partner, Windhoek, Namibia', but no date is printed anywhere in the report (PDF pp79-82, page image of p82). The statements were approved by the directors and signed on 5 December 2024 by Theofelus Mberirua (Chairperson) and Werner Schuckmann (Chairperson of Audit, Risk and Compliance Committee), handwritten signatures visible (PDF p78, page image).

    Document date
    5 Dec 2024
    Auditor's report
    date not found in this document
    Board approval
    5 Dec 2024
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Sep 2024
    Basis
    consolidated statements · NAD thousands (printed “N$'000”)
    • Printed as 'Mobile Telecommunications Ltd' (auditor's report, PDF p79) and 'MTC'; the directory name is 'Mobile Telecommunications Limited'. 'Ltd' abbreviates 'Limited': same entity name.
    • 'Other comprehensive income net of tax' is printed as a heading with no amounts (p85); total comprehensive income equals profit for the year. Basic EPS 103.05 cents (2023: 105.89) and diluted EPS 103.05 (2023: 105.92) are printed separately (p85): basic mapped to eps_basic_diluted as ambiguous, diluted to a native concept. The cash-flow statement prints the net increase before the effect of exchange-rate changes (mapped to net_change_in_cash) and the net increase after it (native).
    • The directors' approval says the statements are 'set out on pages 81 to 145' and the auditor's report on 'pages 79 to 80' (p78), while the auditor's report itself covers pages 83 to 147 (p79). Kept as printed.
    • EPS printed in cents and stored in N$ with the printed figure and unit kept (minor_unit). Company columns not transcribed.
    Technical details
    File
    149 pages, with a text layer
    SHA-256
    759815ab5240f529af54c2a92fdb53e3fb4f5899947ba072309db27afa238a5d
    Entity as printed
    Mobile Telecommunications Ltd (the Company) and its subsidiaries (together the Group)
    Issuer copy
    retrieved 2026-10-08T18:52:49Z

  • MTC Integrated annual report 2023

    Year ended 30 September 2023 · Annual report · signed / final

    Audit: PricewaterhouseCoopers, unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers, Per: Gerrit Esterhuyse, Partner

    Final status: Independent auditor's report of PricewaterhouseCoopers to the members of Mobile Telecommunications Limited (opinion PDF p89) closes on PDF p91 with a handwritten 'PricewaterhouseCoopers' signature above 'Registered Accountants and Auditors, Chartered Accountants (Namibia), Per: Gerrit Esterhuyse, Partner, Windhoek', dated 7 December 2023 (page image p91). The statements were approved by the board on 4 December 2023 and signed by T Mberirua and TNZ Muteka, handwritten signatures visible (PDF p88, page image).

    Document date
    7 Dec 2023
    Auditor's report
    7 Dec 2023
    Board approval
    4 Dec 2023
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Sep 2023, FY to 30 Sep 2022
    Basis
    consolidated statements · NAD thousands (printed “N$'000”)
    • Board approval date: the directors' approval states the statements 'were approved by the board of directors on 4 December 2023' (PDF p88), note 36 states 'approved by the Board of Directors on 6 December 2023' (PDF p156). The signed page (4 December) is recorded.
    • Statement of cash flows, Group 2023 column (PDF p99, confirmed on the page image): 'Finance costs' is printed 4, 'Tax paid' 305 140 and 'Net cash used in financing activities' 730 460, all without brackets, although the printed totals require them deducted (1 537 432 + 70 659 - 4 - 305 140 = 1 302 947 printed; -67 085 - 663 375 = -730 460; 1 302 947 - 515 052 - 730 460 = 57 435 printed). The Company column likewise prints 'Payment on lease liabilities' 67 896 without brackets. Figures kept as printed: the cf.cash_from_operations, cf.cash_from_financing and cf.net_change_in_cash checks for 2023 fail for this reason.
    • Statement of profit or loss, Group 2023 (PDF p95, confirmed on the page image): total income 3 049 953 less the printed expense lines (337 514, 373 653, 77 560, 259 477, 495 417, 268 410, 138 573) gives 1 099 349, while 'Profit from operations' is printed 1 099 709 (difference 360). No other line is printed. Kept as printed; the is.operating_profit check for 2023 fails. Profit before taxation (1 099 709 + 70 659 - 21 771 = 1 148 597) follows the printed operating profit.
    • Basic and diluted EPS printed as one line, 105.89 cents (2022: 105.74) (p95). The FY2024 report prints the 2023 diluted EPS as 105.92, different from this document. 'Other comprehensive income' is printed as '–' (nil). Unlabelled subtotals: non-current assets, current assets, equity, non-current liabilities, current liabilities (p96).
    • 2022 (and 2021) comparatives restated for a prior-period error (note 34, PDF p155-p156): money market fund investments (2022: 719 867) reclassified from cash and cash equivalents to 'Investments at fair value', and the cash-flow statement restated (investments in and withdrawals from money market funds, cash movement, opening and closing cash). No effect on profit or retained income. Restated lines are marked.
    • EPS printed in cents and stored in N$ with the printed figure and unit kept (minor_unit). Company columns and the 2021 restated balance-sheet column not transcribed.
    Technical details
    File
    158 pages, with a text layer
    SHA-256
    7059e502a3b402ca7195f692c32ab3469b50765a0c2d7ad7b28a2e04202b77ca
    Entity as printed
    Mobile Telecommunications Limited (the Company) and its subsidiaries (together the Group)
    Issuer copy
    retrieved 2026-10-08T18:52:51Z

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