Umeme Ltd 2017 IR
The report highlights Umeme's financial and operational performance for the year 2017. Key achievements include reducing energy losses to 17.2% from 19.0% in 2016 and connecting 174,477 new customers, bringing the total customer base to 1.13 million. The company invested USD 65.4 million in grid expansion and maintenance, including upgrading substations in Tororo, Lira, Kakiri, and Ishaka. Despite regulatory challenges, including an impairment charge from Amendment 5, adjusted EBITDA increased by 5.3% to Ushs 325 billion.
Company: Umeme Ltd
Sector: Utilities
Country: Uganda
Year: 2017
Type: IR
Pages: 156
Umeme Ltd
Integrated Annual Report
The report highlights Umeme's financial and operational performance for the year 2017. Key achievements include reducing energy losses to 17.2% from 19.0% in 2016 and connecting 174,477 new customers, bringing the total customer base to 1.13 million. The company invested USD 65.4 million in grid expansion and maintenance, including upgrading substations in Tororo, Lira, Kakiri, and Ishaka. Despite regulatory challenges, including an impairment charge from Amendment 5, adjusted EBITDA increased by 5.3% to Ushs 325 billion.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees