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Annual Reports & Financial Statements

Access NAWEC's annual reports and audited financial statements — demonstrating our commitment to transparency, accountability, and good governance.

11 Documents
2012 – 2021 Coverage
GAAP Compliant
Independently Audited

Revenue Growth

2016–2021 · Audited figures in D'000
D4,441,787 2021 Revenue
D2,887,635
2016
D2,819,907
-2.3%
2017
D3,225,437
+14.4%
2018
D3,790,769
+17.5%
2019
D4,102,215
+8.2%
2020
D4,441,787
+8.3%
2021
53.8% Total growth
D1,554,152 Revenue increase

Non-Current Asset Growth

2016–2021 · Audited figures in D'000
D8,313,893 2021 Total Assets
D4,940,713
2016
D5,225,094
+5.8%
2017
D5,973,323
+14.3%
2018
D7,244,909
+21.3%
2019
D8,055,148
+11.2%
2020
D8,313,893
+3.2%
2021
68.3% Total growth
D3,373,180 Asset increase

Net Profit / (Loss) for the Year

2016–2021 · Audited figures in D'000
(D1,303,657) 2021 Net Loss
D112,414
2016
D18,163
2017
(D265,788)
2018
(D1,364,104)
2019
(D348,533)
2020
(D1,303,657)
2021
2 Profitable years
4 Loss-making years
All figures shown are from independently audited financial statements prepared in accordance with the local Generally Accepted Accounting Practices (GAAP).
Showing 11 of 11 documents
2021
Financial Statement
PDF

Audited Financial Statements 2021

Independently audited financial statements for the fiscal year ending 31st December 2021, prepared in accordance with local GAAP.

Audited Financial Statements 2021

Independently audited financial statements for the fiscal year ending 31st December 2021, prepared in accordance with local GAAP.

Financial Statement 2021
2020
Financial Statement
PDF

Audited Financial Statements 2020

Signed audited financial statements for the fiscal year ending 31st December 2020.

Audited Financial Statements 2020

Signed audited financial statements for the fiscal year ending 31st December 2020.

Financial Statement 2020
2019
Financial Statement
PDF

Audited Financial Statements 2019

Audited financial statements for the fiscal year ending 31st December 2019.

Audited Financial Statements 2019

Audited financial statements for the fiscal year ending 31st December 2019.

Financial Statement 2019
2018
Financial Statement
PDF

Audited Financial Statements 2018

Audited financial statements for the fiscal year ending 31st December 2018.

Audited Financial Statements 2018

Audited financial statements for the fiscal year ending 31st December 2018.

Financial Statement 2018
2017
Financial Statement
PDF

Audited Financial Statements 2017

Audited financial statements for the fiscal year ending 31st December 2017.

Audited Financial Statements 2017

Audited financial statements for the fiscal year ending 31st December 2017.

Financial Statement 2017
2016
Annual Report
PDF

Annual Report 2016

Comprehensive annual report covering NAWEC operations, performance, achievements, and strategic outlook for 2016.

Annual Report 2016

Comprehensive annual report covering NAWEC operations, performance, achievements, and strategic outlook for 2016.

Annual Report 2016
2016
Financial Statement
PDF

Audited Financial Statements 2016

Audited financial statements for the fiscal year ending 31st December 2016.

Audited Financial Statements 2016

Audited financial statements for the fiscal year ending 31st December 2016.

Financial Statement 2016
2015
Financial Statement
PDF

Audited Financial Statements 2015

Audited financial statements for the fiscal year ending 31st December 2015.

Audited Financial Statements 2015

Audited financial statements for the fiscal year ending 31st December 2015.

Financial Statement 2015
2014
Financial Statement
PDF

Audited Financial Statements 2014

Audited financial statements for the fiscal year ending 31st December 2014.

Audited Financial Statements 2014

Audited financial statements for the fiscal year ending 31st December 2014.

Financial Statement 2014
2013
Financial Statement
PDF

Audited Financial Statements 2013

Audited financial statements for the fiscal year ending 31st December 2013.

Audited Financial Statements 2013

Audited financial statements for the fiscal year ending 31st December 2013.

Financial Statement 2013
2012
Financial Statement
PDF

Audited Financial Statements 2012

Audited financial statements for the fiscal year ending 31st December 2012.

Audited Financial Statements 2012

Audited financial statements for the fiscal year ending 31st December 2012.

Financial Statement 2012

Governance & Transparency

NAWEC publishes these documents as part of our commitment to accountability and good governance. All financial statements are prepared in accordance with the local Generally Accepted Accounting Practices (GAAP) and independently audited. For questions regarding any document, contact the Group Finance Director at info@nawec.gm or call +220 437 6090.

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