Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; matched to OCR text of the page image; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 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
TotalEnergies Ghana
On this page
Company details
- Legal name
- TotalEnergies Marketing Ghana PLC
- Listing
- TOTAL on the Ghana 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
Read with these figures
- Auditor's emphasis of matter. No emphasis-of-matter or material-uncertainty paragraph; key audit matter: impairment of trade receivables (GH¢44 million allowance) (p10).
Full wording and sources
Auditor's emphasis of matter
No emphasis-of-matter or material-uncertainty paragraph; key audit matter: impairment of trade receivables (GH¢44 million allowance) (p10).
Source: TotalEnergies Marketing Ghana PLC — Annual report and financial statements for the year ended 31 December 2024 (dated 2025-03-29)
-
Revenue
GHS 7.02 billion
7,020,910 GHS thousands · p14
+15.9% vs 2023
-
Operating profit / (loss)
GHS 495 million
495,487 GHS thousands · p14
+52.5% vs 2023
-
Profit / (loss) for the year
GHS 292 million
291,921 GHS thousands · p14
+69.5% vs 2023
-
Total assets
GHS 1.94 billion
1,935,750 GHS thousands · p13
−1.2% vs 2023
-
Total equity
GHS 610 million
609,823 GHS thousands · p13
+25.3% vs 2023
-
Cash from operations
GHS 311 million
311,449 GHS thousands · p17
+38.9% vs 2023
Large amounts are rounded for reading (GHS 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 GHS 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 | 7,020,910 | 6,058,689 |
| Cost of sales | (6,223,035) | (5,436,745) |
| Gross profit | 797,875 | 621,944 |
| Other income | 73,637 | 42,443 |
| Impairment (charge)/release on trade receivables | (2,591) | 7,180 |
| General, administrative and selling expense1 | (373,434) | (346,621) |
| Operating profit before finance income/(costs) | 495,487 | 324,946 |
| Finance income | 665 | 3,301 |
| Finance costs | (72,540) | (86,257) |
| Share of profit/(loss) from associate, net of tax | 709 | (73) |
| Profit before income tax | 424,321 | 241,917 |
| Income tax expense | (132,400) | (69,646) |
| Profit for the year | 291,921 | 172,271 |
| Other comprehensive loss for the year – net of tax | (14,185) | (5,669) |
| Total comprehensive income | 277,736 | 166,602 |
| Non‑controlling interest2 | 260 | 1,085 |
| Owners of the company3 | 281,945 | 167,262 |
| Non‑controlling interest4 | (4,209) | (660) |
Notes and alternative reported figures (4)
- “General, administrative and selling expense”: mapping to a shared definition is uncertain. General, administrative and selling expenses in one line.
- “Non‑controlling interest” is an issuer-specific line, not mapped to a shared definition: Note 19.
- “Owners of the company” is an issuer-specific line, not mapped to a shared definition: Attribution.
- “Non‑controlling interest” is an issuer-specific line, not mapped to a shared definition: Attribution.
Balance sheet
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Property, plant and equipment | 589,543 | 528,776 |
| Right-of-use assets | 125,042 | 113,168 |
| Intangible assets | 12,197 | 12,297 |
| Investment in associates | 3,400 | 2,691 |
| Deferred tax assets | –1 | 4,505 |
| Long term prepayments2 | 1,300 | 671 |
| Total non-current assets | 731,482 | 662,108 |
| Inventories | 363,312 | 414,341 |
| Current tax asset | 9,203 | 23,176 |
| Trade and other receivables | 657,125 | 601,658 |
| Amounts due from related companies3 | 3,736 | 506 |
| Cash and cash equivalents | 170,892 | 258,315 |
| Total current assets | 1,204,268 | 1,297,996 |
| Total assets | 1,935,750 | 1,960,104 |
| Stated capital | 51,222 | 51,222 |
| Retained earnings | 592,860 | 460,086 |
| Foreign currency translation reserve4 | (11,619) | (6,158) |
| Non-controlling interest | (22,640) | (18,431) |
| Total equity | 609,823 | 486,719 |
| Trade and other payables | 766,311 | 844,205 |
| Amount due to related companies5 | 287,514 | 244,083 |
| Bank overdraft | 67,350 | 209,820 |
| Loans and Borrowings | 18,191 | 10,226 |
| Lease liabilities | 28,179 | 20,181 |
| Total current liabilities | 1,167,545 | 1,328,515 |
| Loans and Borrowings | 109,146 | 103,155 |
| Lease liabilities | 2,430 | 6,681 |
| Deferred tax liabilities | 25,073 | 14,818 |
| Employee benefit obligations6 | 20,705 | 18,669 |
| Provisions7 | 1,028 | 1,547 |
| Total non-current liabilities | 158,382 | 144,870 |
| Total liabilities | 1,325,927 | 1,473,385 |
| Total liabilities and equity | 1,935,750 | 1,960,104 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
Notes and alternative reported figures (6)
- “Long term prepayments” is an issuer-specific line, not mapped to a shared definition: Note 12 (non-current).
- “Amounts due from related companies” is an issuer-specific line, not mapped to a shared definition: Note 13 (current).
- “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: Note 17(b).
- “Amount due to related companies” is an issuer-specific line, not mapped to a shared definition: Note 13 (current).
- “Employee benefit obligations” is an issuer-specific line, not mapped to a shared definition: Note 23(b) (non-current).
- “Provisions” is an issuer-specific line, not mapped to a shared definition: Note 22.
Cash flow
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Profit before income tax1 | 424,321 | 241,917 |
| Foreign exchange (gains)/loss2 | (18,008) | 33,154 |
| Depreciation of property, plant and equipment3 | 68,542 | 59,217 |
| Depreciation of right-of-use-assets4 | 15,279 | 17,528 |
| Amortisation of intangible assets5 | 115 | 243 |
| Impairment loss/(gain) on trade receivables6 | 2,591 | (7,180) |
| Reversal of provision7 | (519) | –8 |
| Interest income9 | (665) | (3,301) |
| Interest expense10 | 72,540 | 86,257 |
| Employee benefit provision11 | 3,613 | 3,787 |
| (Profit)/loss on disposal of plant and equipment12 | (34,479) | 141 |
| Profit on disposal of ROU13 | –8 | (50) |
| Share of (profit)/loss from associate14 | (709) | 73 |
| Operating cash flow before working-capital changes (unlabelled subtotal)15 | 532,621 | 431,786 |
| Change in inventories16 | 51,265 | (54,805) |
| Change in trade and other receivables17 | (57,410) | (15,607) |
| Change in trade and other payables18 | (62,910) | (8,318) |
| Change in related party balances19 | 40,749 | 23,516 |
| Cash generated from operations | 504,315 | 376,572 |
| Interest received | 665 | 3,301 |
| Interest paid20 | (68,262) | (84,901) |
| Income taxes paid | (118,019) | (66,948) |
| Employee benefit paid21 | (7,250) | (3,818) |
| Net cash flow generated from operating activities | 311,449 | 224,206 |
| Purchase of property, plant and equipment | (114,642) | (90,668) |
| Proceeds from ROU disposal22 | –23 | 173 |
| Proceeds from sale of plant and equipment | 48,947 | 364 |
| Payments for long term prepayments (net)24 | (629) | –23 |
| Net cash flow used in investing activities | (66,324) | (90,131) |
| Dividend paid | (154,632) | (122,156) |
| Payments for loans | (12,376) | (7,765) |
| Principal elements of lease payments | (24,439) | (29,337) |
| Net cash flow used in financing activities | (191,447) | (159,258) |
| Net increase/(decrease) in cash and cash equivalents | 53,678 | (25,183) |
| Balance at 1 January | 48,495 | 78,960 |
| Effect of foreign exchange fluctuation on cash held | 1,369 | (5,282) |
| Cash and cash equivalents as at 31 December | 103,542 | 48,495 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_834kphfp0xtq.cf_before_working_capital.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (22)
- “Profit before income tax” is an issuer-specific line, not mapped to a shared definition: Starting line of the operating cash flows.
- “Foreign exchange (gains)/loss” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Depreciation of property, plant and equipment” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Depreciation of right-of-use-assets” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Amortisation of intangible assets” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Impairment loss/(gain) on trade receivables” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Reversal of provision” is an issuer-specific line, not mapped to a shared definition: Operating adjustment (2024 only).
- “Interest income” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Interest expense” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Employee benefit provision” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “(Profit)/loss on disposal of plant and equipment” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Profit on disposal of ROU” is an issuer-specific line, not mapped to a shared definition: Operating adjustment (2023 only).
- “Share of (profit)/loss from associate” is an issuer-specific line, not mapped to a shared definition: Operating adjustment.
- “Operating cash flow before working-capital changes (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal after the adjustments.
- “Change in inventories” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
- “Change in trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
- “Change in trade and other payables” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
- “Change in related party balances” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
- “Interest paid”: mapping to a shared definition is uncertain. Interest paid (borrowings and leases not split).
- “Employee benefit paid” is an issuer-specific line, not mapped to a shared definition: Operating.
- “Proceeds from ROU disposal” is an issuer-specific line, not mapped to a shared definition: Investing (2023 only).
- “Payments for long term prepayments (net)” is an issuer-specific line, not mapped to a shared definition: Investing (2024 only).
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) | Dividend paid |
(154,632) | GHS thousands | Annual report, p17 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | Dividend paid |
(122,156) | GHS thousands | Annual report, p17 |
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.
-
TotalEnergies Marketing Ghana PLC — Annual report and financial statements for the year ended 31 December 2024
Year ended 31 December 2024 · Annual report · signed / final
Audit: PricewaterhouseCoopers (Chartered Accountants), Accra; engagement partner Richard Ansong, unmodified opinion · signed
Auditor's sign-off: PricewaterhouseCoopers (ICAG/F/2025/028); engagement partner Richard Ansong (ICAG/P/1539)
Final status: Independent auditor's report (PDF pp9-12): unmodified opinion on the separate and consolidated financial statements; signed with the firm's handwritten signature for PricewaterhouseCoopers (ICAG/F/2025/028), engagement partner Richard Ansong (ICAG/P/1539), Accra, dated 29 March 2025 (p12, page image). The statements were approved by the board on 26 March 2025 and signed by Olufemi Babajide and Rexford Adomako-Bonsu, directors (p13, page image).
- Document date
- 29 Mar 2025
- Auditor's report
- 29 Mar 2025
- Board approval
- 26 Mar 2025
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2024, FY2023
- Basis
- consolidated statements · GHS thousands (printed “All amounts are in thousands of Ghana cedis”)
- Directory name 'TotalEnergies Ghana PLC' (GSE ticker TOTAL); the document prints 'TotalEnergies Marketing Ghana PLC', 'a company registered and domiciled in Ghana' that 'is listed on the Ghana Stock Exchange' (note 1, PDF p18). No registration number is printed.
- Non-controlling interest (a deficit) is printed within total equity without an equity-attributable-to-owners subtotal (p13). The statement of financial position is a scanned image page.
Technical details
- File
- 79 pages, with a text layer
- SHA-256
0c78ed1c940064d7bc2991d98bd74cff8fc0043bf7a662244ea6920cc7d4bac0- Entity as printed
- TotalEnergies Marketing Ghana PLC (the Company) and its subsidiary (together the Group)
- Exchange copy
- retrieved 2026-10-08T17:53:25Z
Data notes
- Cash and cash equivalents — OCR read '258.315'; the page image shows '258,315'. OCR reads the thousands comma as a full stop; the page image prints a comma. (TotalEnergies Marketing Ghana PLC — Annual report and financial statements for the year ended 31 December 2024, p13)
- Total current liabilities — OCR read '1,328.515'; the page image shows '1,328,515'. OCR reads the thousands comma as a full stop; the page image prints a comma. (TotalEnergies Marketing Ghana PLC — Annual report and financial statements for the year ended 31 December 2024, p13)
- Total liabilities — OCR read '1,473.385'; the page image shows '1,473,385'. OCR reads the thousands comma as a full stop; the page image prints a comma. (TotalEnergies Marketing Ghana PLC — Annual report and financial statements for the year ended 31 December 2024, p13)
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; matched to OCR text of the page image; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 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.