1. Establishment and Shareholding
KTDA Farmers Company was established in 1996 and has over 221,000 shareholders drawn from smallholder tea farming areas all over Kenya. The company has authorized share capital of KES 10 Billion (500M shares with a par value of KES 20) of which Kshs 398.8Million worth of shares have been issued and paid up as at financial period ending June 2018.
3.Company Assets – By categorization and time of acquisition/development
2. Company Investments
Though the mandate of the company is wide, it has concentrated on investments property constituting 82% and investments inventory (land) at 17% of the total assets. There are minor investments in the financial market amounting to Kshs 4.1 Million, constituting 0.26 % of the total assets as at the end of June 2018. The investments property includes KTDA Farmers Building, KTDA Farmers Warehouse, Palm Valley Apartments and an investment inventory of a 10 acre land in Ruiru held for resale.
4. Past financial performance
Over the last planning period, the Company’s assets grew from Kshs 1.59Bn in year 2014 to Kshs 1.85Bn in year 2018. This was majorly contributed by revaluation of investments property. The revenue over the same period grew marginally from Kshs 78.2M to Kshs 80.8M representing a CAGR growth rate of 1%. However, some years such as year 2017 reported a higher revenue of Kshs 98.6M due to a development levy (goodwill) income.
00
Established in:
00
Happy Share holders
00
Investment Properties
00
Assets in Billions
