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TPS Eastern Africa (Serena)
On this page
Company details
- Legal name
- TPS Eastern Africa PLC
- Incorporated in
- Kenya
- Listing
- TPSE on the Nairobi Securities Exchange, active · ISIN KE0000000539 (observed 2026-10-07)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2023 · published summary of audited statements, final status not established · source
Read with these figures
- Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2023 figures come from it.
Full wording and sources
Published summary of audited statements for 2023: final status not established
Published on the Nairobi Securities Exchange website. No auditor's report on the summary is printed and the auditor is not named. The board 'is pleased to announce the audited results and summary financial statements' (p1); the notice closes 'By Order of the Board, Dominic Ng'ang'a, Company Secretary, 23rd April 2024, Nairobi', typeset with no signature (PDF p7, page image); p8 states the results are an extract from the Group's audited financial statements.
Source: TPS EASTERN AFRICA PLC AUDITED RESULTS AND SUMMARY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 (dated 2024-04-23)
2023, 2022: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'The above results are an extract from the Group's audited financial statements for the year ended 31st December 2023.' (p8) No auditor's report on the summary is printed. 'The above results are an extract from the Group's audited financial statements for the year ended 31st December 2023.' (PDF p8); 'The Board of Directors of TPS Eastern Africa PLC is pleased to announce the audited results and summary financial statements for the year ended 31 December 2023' (PDF p1). Consolidated summarised statement of profit or loss (p1), comprehensive income (p2), financial position (p3), changes in equity (pp4-5) and summarised cash flows (p6: activity totals only). No total assets or total liabilities line; no cash-flow detail lines; commentary and dividend statement (p7).
Source: TPS EASTERN AFRICA PLC AUDITED RESULTS AND SUMMARY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 (dated 2024-04-23)
-
Revenue
KES 9.68 billion
9,684,612 KES thousands · p1
+39.5% vs 2022
-
Operating profit / (loss)
Not reported in this filing
-
Profit / (loss) for the year
KES 871 million
870,867 KES thousands · p1
+129.4% vs 2022
-
Total assets
Not reported in this filing
-
Total equity
KES 11.4 billion
11,360,774 KES thousands · p3
+17.8% vs 2022
-
Cash from operations
KES 2.31 billion
2,306,121 KES thousands · p6
+71.6% vs 2022
Large amounts are rounded for reading (KES 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 KES 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
- FY2023 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2022 — published summary of audited statements (summary), final status not established; comparative in the FY2023 filing · source
- 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The above results are an extract from the Group's audited financial statements for the year ended 31st December 2023.' (p8) No auditor's report on the summary is printed. 'The above results are an extract from the Group's audited financial statements for the year ended 31st December 2023.' (PDF p8); 'The Board of Directors of TPS Eastern Africa PLC is pleased to announce the audited results and summary financial statements for the year ended 31 December 2023' (PDF p1). Consolidated summarised statement of profit or loss (p1), comprehensive income (p2), financial position (p3), changes in equity (pp4-5) and summarised cash flows (p6: activity totals only). No total assets or total liabilities line; no cash-flow detail lines; commentary and dividend statement (p7).
Income statement
| Line (as printed) | FY2023Published summary of audited statements (summary)reported for the year | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|
| Revenue from contracts with customers | 9,684,612 | 6,944,306 |
| Profit before depreciation, finance income / (costs), results of associates and income tax expense1 | 2,731,895 | 1,845,283 |
| Finance costs | (1,123,054) | (586,651) |
| Depreciation on right of use asset2 | (39,330) | (40,102) |
| Depreciation on property and equipment3 | (518,783) | (574,158) |
| Share of profits of associates | 22,955 | 33,513 |
| Profit before income tax | 1,073,683 | 677,885 |
| Income tax expense | (202,816) | (298,190) |
| Profit for the year | 870,867 | 379,695 |
| Non-controlling interest4 | 54,276 | 42,108 |
| Currency translation differences, net of tax5 | 835,109 | (82,525) |
| Actuarial gains/(losses)6 | 17,976 | (17,711) |
| Deferred tax on actuarial (gains)/ losses7 | (5,393) | 5,313 |
| Other comprehensive (loss) / income (unlabelled total) | 847,692 | (94,923) |
| Total comprehensive profit for the year | 1,718,559 | 284,772 |
| Equity holders of the Company8 | 1,664,283 | 242,664 |
| Non-controlling interest9 | 54,276 | 42,108 |
Notes and alternative reported figures (9)
- “Profit before depreciation, finance income / (costs), results of associates and income tax expense” is an issuer-specific line, not mapped to a shared definition: Issuer subtotal at the head of the summarised statement of profit or loss (p1).
- “Depreciation on right of use asset” is an issuer-specific line, not mapped to a shared definition: Within profit before income tax (p1).
- “Depreciation on property and equipment” is an issuer-specific line, not mapped to a shared definition: Within profit before income tax (p1).
- “Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: Attribution of profit for the year (p1).
- “Currency translation differences, net of tax” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified (p2).
- “Actuarial gains/(losses)” is an issuer-specific line, not mapped to a shared definition: OCI, items that will not be reclassified (p2).
- “Deferred tax on actuarial (gains)/ losses” is an issuer-specific line, not mapped to a shared definition: OCI, items that will not be reclassified (p2).
- “Equity holders of the Company” is an issuer-specific line, not mapped to a shared definition: p2.
- “Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: p2.
Balance sheet
| Line (as printed) | FY2023Published summary of audited statements (summary)reported for the year | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|
| Share capital | 282,651 | 282,651 |
| Share premium | 6,001,741 | 6,001,741 |
| Revaluation reserve | 2,266,195 | 2,282,094 |
| Translation reserve1 | (76,950) | (912,059) |
| Retained earnings | 2,051,534 | 1,206,461 |
| Capital and reserves attributable to the Company's equity holders (unlabelled subtotal) | 10,525,171 | 8,860,888 |
| Non-controlling interest | 835,603 | 781,327 |
| Total equity | 11,360,774 | 9,642,215 |
| Land and buildings property and equipment | 13,702,533 | 12,696,055 |
| Intangible assets | 1,271,952 | 1,271,952 |
| Right of use asset | 353,355 | 387,431 |
| Investment in associates | 842,073 | 819,118 |
| Deferred income tax asset | 7,393 | 10,903 |
| Non-current assets (unlabelled subtotal) | 16,177,306 | 15,185,459 |
| Inventories | 574,904 | 477,013 |
| Receivables and prepayments | 1,405,622 | 1,162,974 |
| Current income tax | 269,653 | 221,346 |
| Financial assets2 | 596,293 | –3 |
| Cash and cash equivalents | 848,304 | 660,846 |
| Current assets (unlabelled subtotal) | 3,694,776 | 2,522,179 |
| Borrowings | 3,563,042 | 3,604,701 |
| Deferred income tax liability | 1,807,479 | 1,528,772 |
| Lease liability | 219,729 | 292,178 |
| Retirement benefit obligations4 | 98,116 | 94,227 |
| Non-current liabilities (unlabelled subtotal) | 5,688,366 | 5,519,878 |
| Trade and other payables | 2,133,165 | 1,713,203 |
| Borrowings | 569,589 | 727,195 |
| Lease liability | 120,188 | 105,147 |
| Current liabilities (unlabelled subtotal) | 2,822,942 | 2,545,545 |
| Net current assets / (liabilities)5 | 871,834 | (23,366) |
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
Notes and alternative reported figures (4)
- “Translation reserve” is an issuer-specific line, not mapped to a shared definition: Equity (p3).
- “Financial assets” is an issuer-specific line, not mapped to a shared definition: Current assets; 2022 printed '-' (p3).
- “Retirement benefit obligations” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities (p3).
- “Net current assets / (liabilities)” is an issuer-specific line, not mapped to a shared definition: Current assets less current liabilities (p3).
Cash flow
| Line (as printed) | FY2023Published summary of audited statements (summary)reported for the year | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|
| Net cash generated from operating activities | 2,306,121 | 1,343,705 |
| Net cash utilised in investing activities | (1,068,884) | (277,558) |
| Net cash utilised in financing activities | (1,097,434) | (590,537) |
| (Decrease)/ increase in cash and cash equivalents | 139,803 | 475,610 |
| At start of year | 575,293 | 93,234 |
| Effects of currency translation differences | 77,428 | 6,449 |
| At end of year | 792,524 | 575,293 |
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.
-
TPS EASTERN AFRICA PLC AUDITED RESULTS AND SUMMARY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023
Year ended 31 December 2023 · Published summary of audited statements (summary) · final status not established
Audit: Auditor not stated (named); no auditor's opinion on the full statements in this document
Final status: Published on the Nairobi Securities Exchange website. No auditor's report on the summary is printed and the auditor is not named. The board 'is pleased to announce the audited results and summary financial statements' (p1); the notice closes 'By Order of the Board, Dominic Ng'ang'a, Company Secretary, 23rd April 2024, Nairobi', typeset with no signature (PDF p7, page image); p8 states the results are an extract from the Group's audited financial statements.
- Document date
- 23 Apr 2024
- Auditor's report
- date not recorded
- Board approval
- date not recorded
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2023, FY2022
- Basis
- consolidated statements · KES thousands (printed “Shs'000”)
- The statement of financial position (p3) prints the non-current liabilities twice with the same figures (under 'Represented by' after total equity, and again in the liabilities section), and closes with net current assets and net assets (11,360,774; 2022: 9,642,215, equal to total equity); total assets and total liabilities are not printed. The cash-flow comparative column is headed 'Restated' (p6) without explanation. Cash at end of year in the cash-flow statement (792,524) differs from cash and cash equivalents on the statement of financial position (848,304); the summary does not reconcile them.
- The directors do not recommend a dividend for the year ended 31 December 2023 (PDF p7).
- No auditor's report on the summary is printed. 'The above results are an extract from the Group's audited financial statements for the year ended 31st December 2023.' (PDF p8); 'The Board of Directors of TPS Eastern Africa PLC is pleased to announce the audited results and summary financial statements for the year ended 31 December 2023' (PDF p1).
- Consolidated summarised statement of profit or loss (p1), comprehensive income (p2), financial position (p3), changes in equity (pp4-5) and summarised cash flows (p6: activity totals only). No total assets or total liabilities line; no cash-flow detail lines; commentary and dividend statement (p7).
Technical details
- File
- 8 pages, scanned (figures read by OCR and checked against the page image)
- SHA-256
802d38d5bf6f14db2bdf7943dd8c396842b42fc7143afc312d3bf575f4c32fe0- Entity as printed
- TPS Eastern Africa PLC (Serena Hotels) (PDF p1, p8)
- Exchange copy
- retrieved 2026-10-08T18:08:20Z
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 (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.
Download
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.