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Review pending. 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 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

Zimplow

ZIMW.VX · Victoria Falls Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Zimplow Holdings Limited
Listing
ZIMW.VX on the Victoria Falls Stock Exchange, active · ISIN ZWVX09010104 (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 · published summary of audited statements, final status not established · source

Read with these figures

  • Auditor's report on the full statements, year to 2024-12-31: modified opinion (not a report on this summary). Underlying full consolidated statements (not the summary): 'Basis for Qualified Opinion': (1) Non-compliance with IAS 21: in the prior and current years foreign currency transactions and balances were translated using internally generated exchange rates, not appropriate spot rates; had spot rates been used some elements could have been materially different.
  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2024 figures come from it.
Full wording and sources

  • Auditor's report, year to 2023-12-31: adverse opinion

    The auditor gives an adverse opinion: it states that these financial statements do not present fairly the financial position and results. Figures are shown as printed, but the auditor considers the statements materially misstated as a whole. The auditor (Grant Thornton, Zimbabwe) gave an adverse opinion on Zimplow Holdings Limited's consolidated financial statements for 2023: it states they do not present fairly the Group's financial position, performance and cash flows under IFRS. The reasons: internally generated exchange rates were used from January to June 2023, and on the switch from ZWL to US dollars on 1 July 2023 amounts, including the 2022 comparatives, were translated in a way that departs from IAS 21. The auditor says the effects are material and pervasive and could not be determined. The published copy of the report shows the partner's name and date but no visible signature. Figures are shown as published and should not be read as a fair presentation. (auditor's report, PDF p27; verified on the page images 2026-10-08)

    Source: Zimplow Holdings Limited Annual Report 2023, p27 (dated 2024-04-30)

  • Auditor's report on the full statements, year to 2024-12-31: modified opinion (not a report on this summary)

    Underlying full consolidated statements (not the summary): 'Basis for Qualified Opinion': (1) Non-compliance with IAS 21: in the prior and current years foreign currency transactions and balances were translated using internally generated exchange rates, not appropriate spot rates; had spot rates been used some elements could have been materially different. (2) Comparative financial information: on the change of functional and presentation currency from ZWL to USD from 1 July 2023 the ZWL components were translated using internally generated rates, a departure from IAS 21; the opinion is modified for the possible effects on comparability. The effects were 'material but not pervasive'. Opinion: 'In our opinion, except for the effects of the matters described in the Basis for Qualified Opinion section of our report, the consolidated financial statements present fairly, in all material respects, ...' (PDF p4-p5).

    Source: AUDITED ABRIDGED GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024 (dated 2025-03-31)

  • Annual report for 2023: final status not established

    The independent auditor's report (adverse opinion, PDF p27) ends with the typeset name 'Farai Chibisa, Partner, Registered Public Auditor (PAAB No: 0547)', 'Grant Thornton' and the date 30 April 2024, with no visible signature (blank space above the name; PDF p28, printed p55, page image): name_printed_unsigned. The statement of financial position carries handwritten signatures of G. Manhambara (Chairman) and B. Kumalo (Non-Executive Director), each dated 29 April 2024 (PDF p29, printed p57, page image). The audit opinion is adverse.

    Source: Zimplow Holdings Limited Annual Report 2023 (dated 2024-04-30)

  • Published summary of audited statements for 2024: final status not established

    Published by the company (directors' abridged results, chairman's statement dated 31 March 2025, p1) and filed with the VFEX. No auditor's report on the summary is printed: the 'Auditor's Statement' (p2) is the directors' statement that the abridged statements derive from audited statements carrying a qualified opinion. The appended scanned report (PDF pp4-9) is Grant Thornton's report on the full consolidated financial statements ('set out on pages 9 to 67'), qualified, signed (handwritten firm signature over Farai Chibisa, Partner, PAAB No 0547) and dated 31 March 2025 (PDF p9, page image). No board approval date of the statements is printed.

    Source: AUDITED ABRIDGED GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024 (dated 2025-03-31)

  • 2024: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'These abridged financial statements derived from the audited financial statements of Zimplow Holdings Limited and its subsidiaries "Group" for the financial year ended 31 December 2024' (Auditor's Statement, p2) No auditor's report on the summary is printed. The 'Auditor's Statement' (p2) reads: 'These abridged financial statements derived from the audited financial statements of Zimplow Holdings Limited and its subsidiaries "Group" ... which have been audited by Grant Thornton Chartered Accountants (Zimbabwe) and the auditor's report signed by Farai Chibisa, Registered Public Auditor 0547. A qualified audit opinion has been issued on the audited financial statements of the Group'. PDF pp4-9 reproduce the independent auditor's report on the full consolidated financial statements (pages 9 to 67 of the full statements), dated 31 March 2025 (p9). Abridged Group and Company statements of profit or loss and OCI, financial position and cash flows, abridged Group and Company statements of changes in equity, supplementary EPS information (p2), and selected notes including segment information (p3). The cash flow statement prints the adjustments and working-capital lines; only the Group columns were transcribed. No total liabilities line is printed.

    Source: AUDITED ABRIDGED GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024 (dated 2025-03-31)

  • Revenue

    USD 29.8 million

    29,778,706 USD units · p2

    Change not shown.

  • Operating profit / (loss)

    −USD 3.16 million

    (3,164,552) USD units · p2

    Change not shown.

  • Profit / (loss) for the year

    −USD 2.16 million

    (2,161,388) USD units · p2

    Change not shown.

  • Total assets

    USD 41.2 million

    41,155,933 USD units · p2

    Change not shown.

  • Total equity

    USD 28.4 million

    28,430,838 USD units · p2

    Change not shown.

  • Cash from operations

    −USD 613,962

    (613,962) USD units · p2

    Change not shown.

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.

No change rate is shown: the auditor's report on the 2023 statements gives an adverse opinion.

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

  • FY2024 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY2023 — annual report, final status not established; reported for the year · source
    • Auditor's report, year to 2023-12-31: adverse opinion. The auditor gives an adverse opinion: it states that these financial statements do not present fairly the financial position and results. Figures are shown as printed, but the auditor considers the statements materially misstated as a whole. The auditor (Grant Thornton, Zimbabwe) gave an adverse opinion on Zimplow Holdings Limited's consolidated financial statements for 2023: it states they do not present fairly the Group's financial position, performance and cash flows under IFRS. The reasons: internally generated exchange rates were used from January to June 2023, and on the switch from ZWL to US dollars on 1 July 2023 amounts, including the 2022 comparatives, were translated in a way that departs from IAS 21. The auditor says the effects are material and pervasive and could not be determined. The published copy of the report shows the partner's name and date but no visible signature. Figures are shown as published and should not be read as a fair presentation. (auditor's report, PDF p27; verified on the page images 2026-10-08)
    • Annual report for 2023: final status not established. The independent auditor's report (adverse opinion, PDF p27) ends with the typeset name 'Farai Chibisa, Partner, Registered Public Auditor (PAAB No: 0547)', 'Grant Thornton' and the date 30 April 2024, with no visible signature (blank space above the name; PDF p28, printed p55, page image): name_printed_unsigned. The statement of financial position carries handwritten signatures of G. Manhambara (Chairman) and B. Kumalo (Non-Executive Director), each dated 29 April 2024 (PDF p29, printed p57, page image). The audit opinion is adverse.
  • FY2022 — annual report, final status not established; comparative in the FY2023 filing · source
    • Annual report for 2023: final status not established. The independent auditor's report (adverse opinion, PDF p27) ends with the typeset name 'Farai Chibisa, Partner, Registered Public Auditor (PAAB No: 0547)', 'Grant Thornton' and the date 30 April 2024, with no visible signature (blank space above the name; PDF p28, printed p55, page image): name_printed_unsigned. The statement of financial position carries handwritten signatures of G. Manhambara (Chairman) and B. Kumalo (Non-Executive Director), each dated 29 April 2024 (PDF p29, printed p57, page image). The audit opinion is adverse.

Income statement

Income statement, USD units. Columns: FY2024 — published summary of audited statements (final status not established), as reported for the year; FY2023 — annual report (final status not established), as reported for the year; FY2022 — annual report (final status not established), comparative reported in the annual report for 2023.
Line (as printed) FY2024Published summary of audited statements (summary)reported for the yearFY2023Annual reportreported for the yearsource limitationsFY2022Annual reportcomparative in FY2023 filingsource limitations
Sales of goods1 27,209,724 29,784,336 42,102,103
Rendering of services2 2,489,556 2,190,217 2,073,449
Investment property rental income3 79,426 98,160 69,446
Revenue 29,778,706 32,072,713 44,244,998
Cost of sales (22,241,368) (23,142,729) (32,258,676)
Gross profit 7,537,338 8,929,984 11,986,322
Other operating income 798,526 1,040,000 2,616,640
Selling and distribution expenses (411,892) (456,961) (475,755)
Administrative expenses (10,175,187) (8,146,906) (9,973,446)
Other operating expenses (581,901) (762,335) (794,254)
Allowance for expected credit losses (331,436) 276,865 (601,090)
Operating (loss)/profit4 (3,164,552) 880,647 2,758,417
Finance costs (276,972) (204,220) (138,487)
Finance income 4,136 3,719 894
(Loss)/profit before tax5 (3,437,388) 680,146 2,620,824
Income tax expense 1,276,000 (120,275) (1,701,987)
(Loss)/profit for the year6 (2,161,388) 559,871 918,837
Revaluation of plant, land and buildings7 (508,475) Not reported in this filing98 Not reported in this filing10
Total other comprehensive (loss)/income for the year, net of tax11 (355,063) 304,126 321,154
Total comprehensive (loss)/income for the year12 (2,516,451) 863,997 1,239,991
Non controlling interests13 (24,616) (34,473) 49,508
Revaluation of plant, land and buildings net of tax14 Not reported in this filing15 304,126 321,154
Notes and alternative reported figures (15)
  1. “Sales of goods” is an issuer-specific line, not mapped to a shared definition: Revenue component (note 4).
  2. “Rendering of services” is an issuer-specific line, not mapped to a shared definition: Revenue component (note 4).
  3. “Investment property rental income” is an issuer-specific line, not mapped to a shared definition: Revenue component (note 4).
  4. Printed under different labels across filings: “Operating (loss)/profit”; “Operating profit”.
  5. Printed under different labels across filings: “(Loss)/profit before tax”; “Profit before tax”.
  6. Printed under different labels across filings: “(Loss)/profit for the year”; “Profit for the year”.
  7. “Revaluation of plant, land and buildings” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income, before income tax.
  8. Published summary of audited statements dated 2025-03-31 presents this line for this year: 356,820 (p2). Not shown in this column, which follows one filing's presentation.
  9. Not reported in this filing: Not reported separately: the FY2023 Group statement of profit or loss and OCI (p29) prints only 'Revaluation of plant, land and buildings net of tax' (304,126 for 2023, Group), transcribed under revaluation_ppe_net_of_tax; no gross (pre-tax) revaluation line and no OCI income-tax line are printed. Checked on the page image (p29).
  10. Not reported in this filing: Not reported separately: the FY2023 Group statement of profit or loss and OCI (p29) prints only 'Revaluation of plant, land and buildings net of tax' (321,154 for 2022, Group), transcribed under revaluation_ppe_net_of_tax; no gross (pre-tax) revaluation line and no OCI income-tax line are printed. Checked on the page image (p29).
  11. Printed under different labels across filings: “Total other comprehensive (loss)/income for the year, net of tax”; “Total other comprehensive income for the year, net of tax”.
  12. Printed under different labels across filings: “Total comprehensive (loss)/income for the year”; “Total comprehensive income for the year”.
  13. “Non controlling interests” is an issuer-specific line, not mapped to a shared definition: Attribution of profit for the year.
  14. “Revaluation of plant, land and buildings net of tax” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income not reclassified to profit or loss.
  15. Not reported in this filing: Not reported separately: the FY2024 abridged statement of profit or loss and OCI (p2) prints 'Revaluation of plant, land and buildings' (508,475) (gross, transcribed under oci_revaluation_pld), 'Income tax' 153,413 and 'Total other comprehensive (loss)/income for the year, net of tax' (355,063); no line labelled 'Revaluation of plant, land and buildings net of tax' is printed. Checked on the page image (p2).

Balance sheet

Balance sheet, USD units. Columns: FY2024 — published summary of audited statements (final status not established), as reported for the year; FY2023 — annual report (final status not established), as reported for the year; FY2022 — annual report (final status not established), comparative reported in the annual report for 2023.
Line (as printed) FY2024Published summary of audited statements (summary)reported for the yearFY2023Annual reportreported for the yearsource limitationsFY2022Annual reportcomparative in FY2023 filingsource limitations
Property, plant and equipment 14,325,638 17,617,000 16,941,571
Intangible assets 52,996 48,641 61,612
Investment property –1 248,000 907,000
Investment in subsidiaries2 –1 –1 –1
Right of use assets –1 –1 –1
Government treasury bills3 462,572 Not reported in this filing54 Not reported in this filing5
Long term receivables6 583,103 787,204 768,896
Goodwill on impairment78 5,995,285 5,995,285 5,995,285
Total non-current assets 21,419,594 24,696,130 24,674,364
Inventories 10,145,270 11,571,978 12,270,012
Inter company receivables9 –10 –10 –10
Trade and other receivables 5,177,308 3,090,513 4,899,506
Prepayments11 2,028,863 5,597,527 3,708,685
Investment in financial assets12 38 14 2,417
Assets held for sale13 1,093,000 Not reported in this filing144 Not reported in this filing14
Cash and bank balances 1,291,860 1,263,835 2,220,003
Total current assets 19,736,339 21,523,867 23,100,623
Total assets 41,155,933 46,219,997 47,774,987
Share capital 137,832 137,832 137,832
Share premium 19,741,179 19,741,179 19,741,179
Revaluation reserve 3,983,872 4,338,935 4,114,109
Capital reserve15 (194,451) (194,451) (194,451)
Change in ownership reserve16 –17 (904,212) (904,212)
Foreign currency translation reserve18 (3,714,283) (3,128,494) (893,953)
Retained earnings 8,476,689 6,649,535 6,055,191
Attributable to holders of the parent 28,430,838 26,640,324 28,055,695
Non-controlling interests –19 6,123,869 5,976,379
Total equity 28,430,838 32,764,193 34,032,074
Inter company payables20 –21 –21 –21
Deferred tax liabilities 739,315 2,015,315 1,725,319
Total non-current liabilities 739,315 2,015,315 1,725,319
Trade and other payables 6,216,210 6,208,717 8,173,042
Provisions 930,647 862,121 1,062,569
Short term borrowings 852,731 1,221,711 1,061,741
Customer deposits22 3,315,695 Not reported in this filing2423 Not reported in this filing25
Lease liabilities –26 –26 –26
Current tax liabilities 670,497 687,900 1,570,450
Total current liabilities 11,985,780 11,440,489 12,017,594
Total equity and liabilities 41,155,933 46,219,997 47,774,987
Customer deposits27 Not reported in this filing28 2,460,040 149,792
  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.equity_attributable_to_owners.
  4. Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity.
  5. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
  6. Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (22)
  1. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 13; Group columns print dashes.
  2. “Government treasury bills” is an issuer-specific line, not mapped to a shared definition: Non-current asset.
  3. Published summary of audited statements dated 2025-03-31 presents this line for this year: - (p2). Not shown in this column, which follows one filing's presentation.
  4. Not reported in this filing: Not reported in this filing: the FY2023 statement of financial position (p29) has no 'Government treasury bills' line; non-current assets are property, plant and equipment, intangible assets, investment property, investment in subsidiaries, right of use assets, long term receivables and goodwill. Checked on the page image (p29).
  5. “Long term receivables” is an issuer-specific line, not mapped to a shared definition: Note 22, non-current.
  6. “Goodwill on impairment” is an issuer-specific line, not mapped to a shared definition: Note 14.
  7. Printed under different labels across filings: “Goodwill”; “Goodwill on impairment”.
  8. “Inter company receivables” is an issuer-specific line, not mapped to a shared definition: Note 24.2; Group columns print dashes.
  9. “Prepayments” is an issuer-specific line, not mapped to a shared definition: Note 17.2, current.
  10. “Investment in financial assets”: mapping to a shared definition is uncertain. Printed 'Investment in financial assets' among current assets.
  11. “Assets held for sale” is an issuer-specific line, not mapped to a shared definition: Non-current assets held for sale (note 8).
  12. Not reported in this filing: Not reported in this filing: the FY2023 statement of financial position (p29) has no 'Assets held for sale' line; current assets are inventories, inter company receivables, trade and other receivables, prepayments, investment in financial assets and cash and bank balances. Checked on the page image (p29).
  13. “Capital reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  14. “Change in ownership reserve” is an issuer-specific line, not mapped to a shared definition: Note 21.3.
  15. “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: Note 21.2.
  16. “Inter company payables” is an issuer-specific line, not mapped to a shared definition: Note 24.2, non-current; Group columns print dashes.
  17. “Customer deposits” is an issuer-specific line, not mapped to a shared definition: Current liability: deposits received from customers.
  18. Published summary of audited statements dated 2025-03-31 presents this line for this year: 2,460,040 (p2). Not shown in this column, which follows one filing's presentation.
  19. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'Customer deposits' 2,460,040 (note 17.3, p29), shown in the row 'native.co_k2vqpvk0tyct.customer_deposits_advances' (Customer deposits). Text layer.
  20. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'Customer deposits' 149,792 (note 17.3, p29), shown in the row 'native.co_k2vqpvk0tyct.customer_deposits_advances' (Customer deposits). Text layer.
  21. “Customer deposits” is an issuer-specific line, not mapped to a shared definition: Note 17.3: deposits received from customers (current).
  22. Not reported in this filing: Not reported under this label in this filing: the filing prints this item as 'Customer deposits' 3,315,695 (Group, current liabilities, p2), shown in the row 'native.co_k2vqpvk0tyct.customer_deposits' (Customer deposits). Checked on the page image.

Cash flow

Cash flow, USD units. Columns: FY2024 — published summary of audited statements (final status not established), as reported for the year; FY2023 — annual report (final status not established), as reported for the year; FY2022 — annual report (final status not established), comparative reported in the annual report for 2023.
Line (as printed) FY2024Published summary of audited statements (summary)reported for the yearFY2023Annual reportreported for the yearsource limitationsFY2022Annual reportcomparative in FY2023 filingsource limitations
Operating (loss)/profit before tax12 (3,437,388) 680,146 2,620,824
Cash generated from operations (unlabelled subtotal)3 (163,787) 2,380,760 (197,837)
Interest received45 4,136 3,719 894
Interest paid67 (276,972) (204,220) (138,487)
Income tax paid (177,339) (11,394) (41,743)
Net cash flow (used)/from in operating activities8 (613,962) 2,168,865 (667,889)
Acquisition of subsidiaries and investments9 (1,326,700) Not reported in this filing1110 Not reported in this filing11
Proceeds from sale of property, plant and equipment 2,150,998 9,328 237,346
Purchase of property, plant and equipment (888,051) (556,381) (316,525)
Net cash flows used in investing activities (63,753) (547,053) (36,484)
Lease liability principal repaid –12 –12 –12
Repayments of borrowings (368,980) (1,335,158) (111,560)
Proceeds from borrowings –12 1,920,000 688,553
Net cash flows from financing activities (368,980) 584,842 576,993
Net (decrease)/increase cash and cash equivalents13 (1,046,695) 2,206,654 (127,380)
Effects of exchange rate changes on cash and cash equivalents 1,074,720 (3,162,822) (3,511,835)
Cash and cash equivalents at 1 January 1,263,835 2,220,003 5,859,218
Cash and cash equivalents at 31 December 1,291,860 1,263,835 2,220,003
Decrease/(increase) in inventories1415 1,398,050 698,034 (1,017,112)
Decrease/(increase) in trade and other receivables1617 (2,411,033) 1,790,685 909,607
Decrease/(increase) in prepayments1819 382,010 (1,888,841) (1,890,578)
Increase in customer deposits2021 21,800 2,310,248 1,087,470
(Increase)/decrease in intergroup receivables2223 (554,986) –24 –24
Increase/(decrease) in trade and other payables2526 3,244,279 (1,964,325) (3,555,181)
Cash flow before working capital changes (unlabelled subtotal)27 Not yet collected from the source28 1,434,959 4,267,957
Dividend paid29 Not reported in this filing30 –31 (290,716)
Proceeds from release of long term receivable32 Not reported in this filing33 –34 42,695
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_generated_from_operations.
  3. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
  4. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (30)
  1. “Operating (loss)/profit before tax” is an issuer-specific line, not mapped to a shared definition: Starting point of the indirect cash flow statement.
  2. Printed under different labels across filings: “Operating (loss)/profit before tax”; “Operating profit before tax”.
  3. “Cash generated from operations (unlabelled subtotal)”: mapping to a shared definition is uncertain. Unlabelled subtotal after working-capital changes.
  4. “Interest received”: mapping to a shared definition is uncertain. Printed 'Finance income' in operating activities (note 19.3).
  5. Printed under different labels across filings: “Finance income”; “Interest received”.
  6. “Interest paid”: mapping to a shared definition is uncertain. Printed 'Interest paid' in operating activities.
  7. Printed under different labels across filings: “Finance costs”; “Interest paid”.
  8. Printed under different labels across filings: “Net cash flow (used)/from in operating activities”; “Net cash flow generated from/(utilised) in operating activities”.
  9. “Acquisition of subsidiaries and investments” is an issuer-specific line, not mapped to a shared definition: Investing activities (Barzem NCI, note 9).
  10. Published summary of audited statements dated 2025-03-31 presents this line for this year: - (p2). Not shown in this column, which follows one filing's presentation.
  11. Not reported in this filing: Not reported in this filing: the FY2023 Group statement of cash flows (p30) has no 'Acquisition of subsidiaries and investments' line; its investing lines are 'Proceeds from release of long term receivable', 'Proceeds from sale of property, plant and equipment' and 'Purchase of property, plant and equipment'. Checked on the page image (p30).
  12. Printed under different labels across filings: “Net (decrease)/increase cash and cash equivalents”; “Net increase/(decrease) in cash and cash equivalents”.
  13. “Decrease/(increase) in inventories” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
  14. Printed under different labels across filings: “Decrease/(Increase) in Inventories”; “Decrease/(increase) in inventories”.
  15. “Decrease/(increase) in trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
  16. Printed under different labels across filings: “Decrease/(Increase) in trade and other receivables”; “Decrease/(increase) in trade and other receivables”.
  17. “Decrease/(increase) in prepayments” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
  18. Printed under different labels across filings: “(Increase) in prepayments”; “Decrease/(increase) in prepayments”.
  19. “Increase in customer deposits” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
  20. Printed under different labels across filings: “Increase in customer deposits”; “Increase/(Decrease) in customer deposits”.
  21. “(Increase)/decrease in intergroup receivables” is an issuer-specific line, not mapped to a shared definition: Working-capital change; Group columns print dashes.
  22. Printed under different labels across filings: “(Increase) in interGroup receivables”; “(Increase)/decrease in intergroup receivables”.
  23. “Increase/(decrease) in trade and other payables” is an issuer-specific line, not mapped to a shared definition: Working-capital change.
  24. Printed under different labels across filings: “(Decrease)/Increase in trade and other payables”; “Increase/(decrease) in trade and other payables”.
  25. “Cash flow before working capital changes (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of profit before tax and non-cash adjustments.
  26. Not yet collected from the source: Unlabelled subtotal: the group statement of cash flows (p2) prints an unlabelled subtotal (2,243,907) for 31-Dec-24 after 'Loss/(profit) on disposal of property, plant and equipment' and before 'Working capital changes' (text line ' (2,243,907) 1,434,959 (1,861,387) 1,252,093'). Checked on the page image. Unlabelled subtotals cannot be recorded as printed_figure (controller rule); see the arithmetic item for the spec route.
  27. “Dividend paid”: mapping to a shared definition is uncertain. Dividend paid, presented in operating activities; 2023 printed as a dash.
  28. Not reported in this filing: Not reported in this filing: the FY2024 abridged statement of cash flows (p2) has no dividend line; operating activities end with 'Interest received', 'Interest paid' and 'Income tax paid', and financing lines are 'Lease liability principal repaid', 'Repayments of borrowings' and 'Proceeds from borrowings'. Checked on the page image (p2).
  29. “Proceeds from release of long term receivable” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 22).
  30. Not reported in this filing: Not reported in this filing: the FY2024 abridged statement of cash flows (p2) has no 'Proceeds from release of long term receivable' line; its investing lines are 'Acquisition of subsidiaries and investments', 'Proceeds from sale of property, plant and equipment' and 'Purchase of property, plant and equipment'. Checked on the page image (p2).

Per share and shares

Per share and shares. Columns: FY2024 — published summary of audited statements (final status not established), as reported for the year; FY2023 — annual report (final status not established), as reported for the year; FY2022 — annual report (final status not established), comparative reported in the annual report for 2023.
Line (as printed) FY2024Published summary of audited statements (summary)reported for the yearFY2023Annual reportreported for the yearsource limitationsFY2022Annual reportcomparative in FY2023 filingsource limitations
Earnings / (loss) per share (per share)2 (0.006) 0.002 Not yet collected from the source1
Profit / (loss) attributable to shareholders (USD units)3 (2,136,772) 594,344 869,329
Notes and alternative reported figures (3)
  1. Not yet collected from the source: The face prints 1.93 for Group 2022 (p29), which conflicts with note 27 (0.003, PDF p49) and with profit attributable over shares in issue; not transcribed pending a person's review.
  2. Earnings / (loss) per share: printed as “Basic earnings 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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2023 Dividends paid (cash flow statement) Dividend paid 0printed “–”, read as nil USD units Annual report, p30
31 Dec 2022 Dividends paid (cash flow statement) Dividend paid (290,716) USD units Annual report, p30

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.

  • AUDITED ABRIDGED GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024

    Year ended 31 December 2024 · Published summary of audited statements (summary) · final status not established

    Audit: Grant Thornton Chartered Accountants (Zimbabwe) (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Published by the company (directors' abridged results, chairman's statement dated 31 March 2025, p1) and filed with the VFEX. No auditor's report on the summary is printed: the 'Auditor's Statement' (p2) is the directors' statement that the abridged statements derive from audited statements carrying a qualified opinion. The appended scanned report (PDF pp4-9) is Grant Thornton's report on the full consolidated financial statements ('set out on pages 9 to 67'), qualified, signed (handwritten firm signature over Farai Chibisa, Partner, PAAB No 0547) and dated 31 March 2025 (PDF p9, page image). No board approval date of the statements is printed.

    Document date
    31 Mar 2025
    Auditor's report
    date not found in this document
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2024
    Basis
    consolidated statements · USD units (printed “US$”)
    • Underlying full consolidated statements (not the summary): 'Basis for Qualified Opinion': (1) Non-compliance with IAS 21: in the prior and current years foreign currency transactions and balances were translated using internally generated exchange rates, not appropriate spot rates; had spot rates been used some elements could have been materially different. (2) Comparative financial information: on the change of functional and presentation currency from ZWL to USD from 1 July 2023 the ZWL components were translated using internally generated rates, a departure from IAS 21; the opinion is modified for the possible effects on comparability. The effects were 'material but not pervasive'. Opinion: 'In our opinion, except for the effects of the matters described in the Basis for Qualified Opinion section of our report, the consolidated financial statements present fairly, in all material respects, ...' (PDF p4-p5).
    • The OCI 'Income tax' row prints the 2023 Group figure as '(52,694' without a closing bracket (p2, image); that row is not transcribed (total other comprehensive income is). The goodwill line is printed 'Goodwill on impairment'. Basic, diluted and headline EPS are printed identically in US$ ((0.006); 2023: 0.002).
    • Note 1 (p3) states the consolidated statements comply with IFRS 'with the exception to IAS 21 ... and IAS 29 ... and IAS 8 ... for non-correction of the prior year non-compliance with IAS 21'.
    • The balance sheet's dashes in the Group columns (investment property 2024, investment in subsidiaries, right of use assets, treasury bills 2023, inter company receivables/payables, assets held for sale 2023, change in ownership reserve 2024, NCI 2024, lease liabilities, lease principal repaid, proceeds from borrowings 2024) are read as nil, confirmed by the printed subtotals.
    • No auditor's report on the summary is printed. The 'Auditor's Statement' (p2) reads: 'These abridged financial statements derived from the audited financial statements of Zimplow Holdings Limited and its subsidiaries "Group" ... which have been audited by Grant Thornton Chartered Accountants (Zimbabwe) and the auditor's report signed by Farai Chibisa, Registered Public Auditor 0547. A qualified audit opinion has been issued on the audited financial statements of the Group'. PDF pp4-9 reproduce the independent auditor's report on the full consolidated financial statements (pages 9 to 67 of the full statements), dated 31 March 2025 (p9).
    • Abridged Group and Company statements of profit or loss and OCI, financial position and cash flows, abridged Group and Company statements of changes in equity, supplementary EPS information (p2), and selected notes including segment information (p3). The cash flow statement prints the adjustments and working-capital lines; only the Group columns were transcribed. No total liabilities line is printed.
    Technical details
    File
    9 pages, with a text layer
    SHA-256
    f1db7a9a4bb1b7a16b119bb185c2e3335b70a9e409d0dee684c1c73c625c0072
    Entity as printed
    Zimplow Holdings Limited and its subsidiaries
    Exchange copy
    retrieved 2026-10-08T18:04:30Z

  • Zimplow Holdings Limited Annual Report 2023

    Year ended 31 December 2023 · Annual report · final status not established

    Audit: Grant Thornton Chartered Accountants (Zimbabwe), adverse opinion

    Auditor's sign-off: Farai Chibisa, Partner, Registered Public Auditor (PAAB No: 0547), for Grant Thornton

    Final status: The independent auditor's report (adverse opinion, PDF p27) ends with the typeset name 'Farai Chibisa, Partner, Registered Public Auditor (PAAB No: 0547)', 'Grant Thornton' and the date 30 April 2024, with no visible signature (blank space above the name; PDF p28, printed p55, page image): name_printed_unsigned. The statement of financial position carries handwritten signatures of G. Manhambara (Chairman) and B. Kumalo (Non-Executive Director), each dated 29 April 2024 (PDF p29, printed p57, page image). The audit opinion is adverse.

    Document date
    30 Apr 2024
    Auditor's report
    30 Apr 2024
    Board approval
    29 Apr 2024
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023, FY2022
    Basis
    consolidated statements · USD units (printed “USD”)
    • The auditor (Grant Thornton, Zimbabwe) gave an adverse opinion on Zimplow Holdings Limited's consolidated financial statements for 2023: it states they do not present fairly the Group's financial position, performance and cash flows under IFRS. The reasons: internally generated exchange rates were used from January to June 2023, and on the switch from ZWL to US dollars on 1 July 2023 amounts, including the 2022 comparatives, were translated in a way that departs from IAS 21. The auditor says the effects are material and pervasive and could not be determined. The published copy of the report shows the partner's name and date but no visible signature. Figures are shown as published and should not be read as a fair presentation. (auditor's report, PDF p27; verified on the page images 2026-10-08)
    • Basis: Non-compliance with International Accounting Standard (IAS) 21 - The Effect of Changes in Foreign Exchange Rates — Exchange rates applied to translate foreign currency transactions and balances.; Change in functional and presentation currency. (PDF p27).
    • The face of the statement of profit or loss prints Group 2022 basic and diluted earnings per share 1.93 and headline 1.94 (p29), while note 27 prints 0.003 and 0.002 for 2022 (PDF p49) and profit attributable to owners of the parent (869,329) over 344,580,486 shares is about 0.0025. The 2022 per-share figures are not transcribed.
    • No total-liabilities line is printed (p29). Dividend paid is presented within operating activities (p30).
    • Audit opinion ADVERSE on the consolidated financial statements: internally generated exchange rates used January-June 2023 (IAS 21), and translation of ZWL amounts, including comparatives, on the change of functional and presentation currency from ZWL to USD on 1 July 2023 departs from IAS 21; effects material and pervasive (PDF p27). Figures are recorded as printed.
    • Earnings per share is printed in USD under the USD column heading (basic 0.002 for 2023, p29).
    Technical details
    File
    53 pages, with a text layer
    SHA-256
    faafc63e994ea747d7aae2b8c6ed8ea09c280b9d71f5539581dd7df67b0f0745
    Entity as printed
    Zimplow Holdings Limited (Zimplow) and its subsidiaries (the Group)
    Exchange copy
    retrieved 2026-10-08T18:05:08Z

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.

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