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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Shumba Energy

SHUMBA ENERGY · Botswana Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Shumba Energy Ltd
Listing
SHUMBA ENERGY on the Botswana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 June

Overview

Year ended 30 June 2023 · audited financial statements, signed / final · source

Read with these figures

  • Auditor's emphasis of matter. Emphasis of matter: 'We draw attention to Note 29 of the consolidated financial statements on the basis of preparation of these consolidated financial statements and the fair value of the exploration costs.
Full wording and sources

  • Auditor's emphasis of matter

    Emphasis of matter: 'We draw attention to Note 29 of the consolidated financial statements on the basis of preparation of these consolidated financial statements and the fair value of the exploration costs. Our opinion is not modified in respect of these two matters.' (PDF p14)

    Source: Shumba Energy Ltd Consolidated Financial Statements for the Year Ended 30 June 2023 (dated 2025-07-07)

  • Revenue

    –

  • Operating profit / (loss)

    −USD 883,376

    (883,376) USD units · p20

    Change not shown.

  • Profit / (loss) for the year

    −USD 1.31 million

    (1,314,278) USD units · p20

    Change not shown.

  • Total assets

    USD 18.5 million

    18,512,446 USD units · p19

    −0.4% vs 2022

  • Total equity

    USD 9.52 million

    9,516,643 USD units · p19

    +12.8% vs 2022

  • Cash from operations

    −USD 1.00 million

    (1,004,186) USD units · p24

    −212.0% vs 2022

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

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in USD units 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 Jun 2023 — audited financial statements, signed / final; reported for the year · source
  • FY to 30 Jun 2022 — audited financial statements, signed / final; comparative in the FY to 30 Jun 2023 filing · source

Income statement

Income statement, USD units. Columns: FY to 30 Jun 2023 — audited financial statements (signed / final), as reported for the year; FY to 30 Jun 2022 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2023.
Line (as printed) FY to 30 Jun 2023Audited financial statementsreported for the yearFY to 30 Jun 2022Audited financial statementscomparative in FY to 30 Jun 2023 filing
Cost of sales –1 (423,293)
Net income –2 64,316
Expenditure (unlabelled total)3 (883,376) (1,744,472)
Operating loss (883,376) (1,680,156)
Finance costs (566,484) (558,056)
Finance income 3 –4
Net foreign exchange gain5 –4 (3,581)
Other income 128,458 32,200
(Loss)/profit before tax (1,321,399) (2,209,593)
Tax credit/(expense) 19,089 (31,142)
(Loss)/profit for the year from continuing operations6 (1,302,310) (2,240,735)
Loss for the year from discontinued operations7 (11,968) –8
(Loss)/profit for the year (1,314,278) (2,240,735)
Exchange differences on retranslation of foreign operations9 1,866,523 (3,544,291)
Total comprehensive income for the year 552,245 (5,785,026)
Non-controlling interest10 (320,473) (350,912)
Revenue –11 487,609
  1. Printed “-”, read as nil: subtotal_arithmetic: is.gross_profit.
  2. Printed “-”; reading unresolved, so no amount is shown. 2023 cell prints a dash (page image p20), as do revenue and cost of sales; the expenditure total is printed positive, so no printed subtotal adds it to the operating loss.
  3. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  4. Printed “-”, read as nil: subtotal_arithmetic: is.profit_for_year.
  5. Printed “-”; reading unresolved, so no amount is shown. Printed dash, read on the page image (p20); recorded as printed and not interpreted as nil. The Group 2023 column of 'Revenue' under 'Continuing operations' prints '-' (the restated 2022 column prints 487,609; 'Cost of sales' and 'Net income' also print '-' for 2023). Page 20 has no stored text layer (scanned page); read on the image only.
Notes and alternative reported figures (6)
  1. “Expenditure (unlabelled total)” is an issuer-specific line, not mapped to a shared definition: Total of professional, licence and audit fees, bank charges, operating expenses, penalties and impairment, printed positive.
  2. “Net foreign exchange gain” is an issuer-specific line, not mapped to a shared definition: Below operating loss (2022 only, a loss).
  3. “(Loss)/profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Subtotal.
  4. “Loss for the year from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Note 27.
  5. “Exchange differences on retranslation of foreign operations” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified (the only OCI item).
  6. “Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: Loss attributable to non-controlling interest (note 15).

Balance sheet

Balance sheet, USD units. Columns: FY to 30 Jun 2023 — audited financial statements (signed / final), as reported for the year; FY to 30 Jun 2022 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2023.
Line (as printed) FY to 30 Jun 2023Audited financial statementsreported for the yearFY to 30 Jun 2022Audited financial statementscomparative in FY to 30 Jun 2023 filing
Goodwill1 2,745,662 2,745,662
Loans2 80,938 88,377
Plant and equipment 339,021 376,249
Right-of-use assets 303,064 338,508
Exploration assets3 14,951,088 14,516,225
Non-current assets 18,419,773 18,065,021
Receivables and prepayments 48,889 53,188
Cash and cash equivalents 43,784 468,028
Current assets 92,673 521,216
Total assets 18,512,446 18,586,237
Stated capital 17,795,944 17,795,944
Capital contribution4 1,713,378 –5
Translation reserves6 806,256 (1,060,267)
Accumulated losses (12,514,353) (11,526,424)
Equity attributable to owners of the parent 7,801,225 5,209,253
Non-controlling interest 1,715,418 3,225,705
Total equity 9,516,643 8,434,958
Loans7 4,757,610 4,617,123
Finance lease liabilities 325,791 333,446
Contingent consideration8 –9 1,500,000
Borrowings 475,999 –9
Non-current liabilities 5,559,400 6,450,569
Payables and accruals 3,305,738 3,626,640
Finance lease liabilities 101,485 23,806
Bank overdraft 15,734 17,729
Current tax liabilities 13,446 32,535
Current liabilities 3,436,403 3,700,710
Total liabilities 8,995,803 10,151,279
Total equity and liabilities 18,512,446 18,586,237
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.equity_attributable_to_owners.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (7)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Non-current.
  2. “Loans” is an issuer-specific line, not mapped to a shared definition: Note 9; non-current loans receivable.
  3. “Exploration assets” is an issuer-specific line, not mapped to a shared definition: Note 11: coal exploration licences (IFRS 6).
  4. “Capital contribution” is an issuer-specific line, not mapped to a shared definition: Equity (2023 only).
  5. “Translation reserves” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  6. “Loans” is an issuer-specific line, not mapped to a shared definition: Note 16.
  7. “Contingent consideration” is an issuer-specific line, not mapped to a shared definition: Note 17; non-current (2022 only).

Cash flow

Cash flow, USD units. Columns: FY to 30 Jun 2023 — audited financial statements (signed / final), as reported for the year; FY to 30 Jun 2022 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2023.
Line (as printed) FY to 30 Jun 2023Audited financial statementsreported for the yearFY to 30 Jun 2022Audited financial statementscomparative in FY to 30 Jun 2023 filing
Operating loss before working capital changes1 (741,824) (1,597,694)
Net cash (used in)/generated from operations (1,004,186) 896,879
Loans2 –3 11,426
Acquisition of exploration assets4 (1,732,696) –3
Net cash (used in)/from investing activities (1,732,696) 11,426
Funds received from shareholders5 –6 370,872
Net movement in lease liabilities7 –6 (50,255)
Net cash from financing activities –8 320,617
Net change in cash and cash equivalents (2,736,882) 1,228,922
Cash and cash equivalents at beginning of the year 450,299 (20,400)
Exchange differences 2,314,633 (758,223)
Cash and cash equivalents at end of the year 28,050 450,299
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
  3. Printed “-”, read as nil: subtotal_arithmetic: cf.net_change_in_cash.
Notes and alternative reported figures (5)
  1. “Operating loss before working capital changes” is an issuer-specific line, not mapped to a shared definition: Indirect method subtotal.
  2. “Loans” is an issuer-specific line, not mapped to a shared definition: Investing activities (2022 only).
  3. “Acquisition of exploration assets” is an issuer-specific line, not mapped to a shared definition: Investing activities (2023 only).
  4. “Funds received from shareholders” is an issuer-specific line, not mapped to a shared definition: Financing activities (2022 only).
  5. “Net movement in lease liabilities” is an issuer-specific line, not mapped to a shared definition: Financing activities (2022 only).

Per share and shares

Per share and shares. Columns: FY to 30 Jun 2023 — audited financial statements (signed / final), as reported for the year; FY to 30 Jun 2022 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2023.
Line (as printed) FY to 30 Jun 2023Audited financial statementsreported for the yearFY to 30 Jun 2022Audited financial statementscomparative in FY to 30 Jun 2023 filing
Earnings / (loss) per share (per share)21 0.00188 (0.01707)
Profit / (loss) attributable to shareholders (USD units)3 (993,805) (1,889,823)
Notes and alternative reported figures (3)
  1. “Basic earnings/(loss) per share”: mapping to a shared definition is uncertain. Basic EPS; diluted is printed separately with different amounts (0.00173; 2022: (0.01708)).
  2. Earnings / (loss) per share: printed as “Basic earnings/(loss) per share”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the 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.

No dividend statement or amount collected.

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.

  • Shumba Energy Ltd Consolidated Financial Statements for the Year Ended 30 June 2023

    Year ended 30 June 2023 · Audited financial statements · signed / final

    Audit: Grant Thornton (Mauritius), unmodified opinion · signed

    Auditor's sign-off: Grant Thornton, Chartered Accountants; Y Nubee, FCCA, Licensed by FRC

    Final status: Grant Thornton (Mauritius) independent auditors' report on the consolidated financial statements on pages 19 to 60, unmodified opinion with an emphasis of matter (PDF p14), closed with a handwritten 'Grant Thornton' firm signature and the handwritten signature of Y Nubee, FCCA, Licensed by FRC, Ebene, dated by stamp '07 JUL 2025' (PDF p18, page image). The consolidated statement of financial position states 'Approved by the Board of Directors and authorised for issue on 27 June 2025', with handwritten signatures of two directors (M D Hisaindee and F S Meerun-Sohoboo) (PDF p19, page image).

    Document date
    7 Jul 2025
    Published
    8 Jul 2025
    Auditor's report
    7 Jul 2025
    Board approval
    27 Jun 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2023, FY to 30 Jun 2022
    Basis
    consolidated statements · USD units (printed “USD”)
    • Statement of profit or loss (p20): basic earnings per share for 2023 is printed as a positive 0.00188 (diluted 0.00173) although the loss attributable to owners of the parent is (993,805); total comprehensive income attributable to owners is 286,894. Figures kept as printed.
    • Late filing: statements for the year ended 30 June 2023 approved by the board on 27 June 2025, auditors' report dated 7 July 2025, filed with the BSE on 8 July 2025. The 2022 Group comparatives are headed 'Restated' (pp19-20).
    • The expenditure lines (professional, licence and audit fees, bank charges, operating expenses, penalties, impairment) are printed as positive amounts with an unlabelled total (883,376; 2022: 1,744,472), which is the operating loss with the opposite sign once net income is included; the individual expense lines are not transcribed. Cash and cash equivalents in the cash flow statement are net of the bank overdraft (43,784 less 15,734 = 28,050, p24).
    Technical details
    File
    60 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    b4f348f1a11d6f569d3ed2374a3b645858968e2b2114e962def358c7c4c43e5b
    Entity as printed
    Shumba Energy Ltd (the 'Company') and its subsidiaries (the 'Group')
    Exchange copy
    retrieved 2026-10-08T18:18:54Z

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 OCR text and compared cell by cell with the page image; read from the page image) (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.

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