CTL Income Statement
 
Period ended: 31-Dec-12 31-Dec-13 31-Dec-14
Unit: RWF ‘000s RWF ‘000s RWF ‘000s
Statement type: Audited Audited Audited
View original statement: Crystal Telecom IPO Prospectus
Proforma statement of comprehensive income for Crystal Telecom*
Revenue
Share of profit of associate 2,429,508 718,053 1,217,927
Administrative expenses -61,239 -62,763 -66,219
Profit before income tax 2,368,269 655,290 1,151,708
Income tax expense
Profit for the year 2,368,269 655,290 1,151,708
Other comprehensive income
Total comprehensive income for the year  2,368,269 655,290 1,151,708
* Note: The proforma statement of comprehensive income is a hypothetical illustration of what the financial performance of the company could have been had it been in existence from 1 January 2012 and had it held the 20% equity investment in MTN Rwandacell Limited that was held by Crystal Ventures Limited, its parent company, during that period. 
Period ended: 31-Dec-12 31-Dec-13 31-Dec-14
Unit: RWF ‘000s RWF ‘000s RWF ‘000s
Statement type: Audited Audited Audited
View original statement: Crystal Telecom IPO Prospectus
Statement of Comprehensive Income for MTN Rwandacell Limited
Revenue 90,019,039 82,671,359 81,518,124
Other income 41,012 222,109
Direct network operating costs -13,768,160 -13,696,980 -15,650,523
Cost of handsets and other accessories -3,642,139 -3,085,399 -4,049,769
Interconnection and roaming fees -7,639,711 -10,420,958 -8,569,878
Employee benefits expense -7,386,482 -8,662,606 -7,667,656
Sales, distribution and marketing costs -10,021,687 -9,129,010 -8,990,914
Other operating expenses -11,017,804 -14,013,835 -13,358,468
Earnings before interest, taxes, depreciation and amortization (EBITDA) 36,543,056 23,703,583 23,453,025
Depreciation -16,234,531 -17,987,202 -13,962,026
Amortization -271,039 -412,365 -189,577
Operating profit 20,037,486 5,304,016 9,301,422
Finance income 515,791 846,253 1,286,770
Finance costs -2,381,776 -2,437,643 -828,345
Profit before tax 18,171,501 3,712,626 9,759,847
Income tax expense -6,023,959 -122,361 -3,670,213
Profit for the year 12,147,542 3,590,265 6,089,634
Other comprehensive income
Total comprehensive income for the year  12,147,542 3,590,265 6,089,634