Escolar Documentos
Profissional Documentos
Cultura Documentos
1
1.7 Infrastructures and facilities
The company has full access to the Telecommunications services, light & power service giving institutions,
transport services- airways and roads transport services, and also financial institutions.
1.8 Major inputs and annual consumption
The major inputs of production are lint cotton, chemical, and dyestuffs. Lint cotton is found locally
which is 170 km. away from the factory site. Chemicals & dyestuffs are imported from abroad. The inputs
are available at any time. The consumption of the inputs is shown in the following table.
Major Inputs U/M Consumption
Cotton kg 1,862,860
Birr 12,972,487
Chemicals kg 170,474
Birr 1,278,543
Dye stuffs kg 3,089
Birr 332,153
1.9 Enterprise distance & annual utility consumption
a) Enterprise distance
From major local raw material inputs: 175kms.
From sales outlets: 570kms for Addis Ababa( the company also delivers its products at the
factory gate to the wholesalers.)
From ports: 1496kms away from port of Djibouti.
b) Annual utility consumption and consumption per unit of out put
The annual utility consumption taken on an average for the last five five years is as follows:
2. Market
2.1 Domestic /Local
Potential size of market and expected growth rate : Addis Ababa & Northern and Southern part
of Ethiopia.
Anticipated advantage of the Enterprise in comparison to the competition
2
− Geographical location(raw materials, local market, nearest to the port of sudan).
Expected market share achieved and to be achieved.
−
2nd in Bed sheet.
Expected local sales for next three years and actual for the past three years.
Product U/M 2001(1993) 2002(1994) 2003(1995) 2004(1996)
Actual Actual Estimate Plan
Fabrics Birr 30007163 36053250 39000605 46030088
Market yarn Birr 8329942 6282528 7415399 8055661
Mattress Birr 534226 483812 504401 720000
Others Birr 778613 649057 634077 800000
Total Birr 39649944 43468647 47554482 55605749
2.2 Export
Export target ( in % of the total sales ): 29% of the total sales plan 60554363.00
Expected export sales for next three years and actual for the past three years (if any)
3
4. Financial
4.1 Profit & loss account for the last five years.
Bahir Dar DAR TEXTILE SHARE CO.
AUDITED COMPARATIVE PROFIT AND LOSS STATEMENT
G.C. 1997/98 1998/99 1999/00 2000/01 2001/02
E.C. 1990 1991 1992 1993 1994
GROSS SALES
LESS: SALES TAX
NET SALES 45,527,845 37,435,399 33,987,520 34,353,294 39,890,879
4
Ethio-Japanese Synthetic Textiles S. Co. Profile
1.1 Name of the Organization , Location and date of establishment.
Ehio Japanese Synthetic Textiles S.Co. was established in 1964 by a group of Ethiopian & Japanese investors. EJSt
is located in Modjo , approximately 70 km South East of Addis Ababa.
1.2 Address A.A Modjo
Tel. 51 33 33 / 51 34 76 Tel. 16 00 25
Fax. 51 50 77 16 0008
P.O.Box 2184
E-mail -ejstsc@telecom.net.et
1.3 Historical Background
EJST was established principally to manufacture Nylon Fabrics for domestic consumption. EJST is still the sole
producer of nylon Fabrics within the country for the last 38 years. EJST at its infant stage i.e in 1966/67 it was
able to produce 1,709,865 m2 of Nylon Fabrics using 152 looms. Because of increasing demand the Company
has taken expansion programs in the years 1971, 1978 & 1996 with these expansions it has installed a total of 300
shuttle looms and 32 highly efficient water jet looms. By so doing the capacity has increased to 5 ,000,000 m2 and
above per annum.
The land held by the factory is 151,611 m2, all Municipality charges & rental costs of the land and building for the
year 2002 has been settled.
The share holders of the company are the Ethiopian government and the Japanese group with share of 65/35%
share holding respectively.
1.4 Objective of the Enterprise
EJST is established with objective of supplying Nylon Polyester Fabrics to the domestic consumers,
saving foreign exchange through import substitution. By so doing the Company make its effort to generate
profit there by to maximize the dividend for the share holders and make the Company sustainable.
1.5 Main type of products
The major types of products that are commonly produced by ESJT are:-
- Nylon and polyester taffetta dyed and printed fabrics used for ladies wear.
- Coated fabrics- used for rain coats, bags, tents, sleeping bags,
wind breaker jackets and the like.
- Nylon and polyester ribbon- for blanket factories.
- water repellent fabrics - used to manufacture umbrellas, traveling bags,
and over coast.
1.6 Production Capacity
Designed - 7,000,000 m2
Attainable - 6,000,000 m2
Attained - 5,478,000 m2
1.7 Infrastructures and Facilities
There is good all- weather road and the factory is found on Mojo national route.
EJST has electricity supplies from the government owned electric power authority and has got telephone ,
Fax, Internate services. All machines and accessories are available for producing the desired synthetic fabrics.
5
- From sales outlets - It is about 3 Kms
- From ports - 857 Km from Djibuti port.
2001 2002
Electricity 326,167.30 129,604.31
LP 96,411.85 104,487.56
Fuel 517,229.75 485,272.05
939,808.95
Total Unit Prod.
No Supplier Country
1 Mitsubishi Corporation Japan
2 Cre-Myth Ass. Corporation S.Korea
3 Rotta Germany
4 Lanberti S.P.S Italy
5 Sap international Belgium
6 M.Doha men Germany
7 CIBA Geigy Switzerland
8 diasho Co. Japan
b. By age group
25 `25-35 36-45 46-55 Total
2 108 145 156 411
c. Management Members 5
d. By Salry Range
6
EJST was established with the objective of supplying Nylon Fabrics to the domestics consumer s and saving
foreign exchange through import substitution . It was sole manufacturer and had got ready made market and
was distributing over all the country . But due to the adoption and introduction of free market economic policy
imported polyester fabrics has substituted our product in the market, therefore EJST has lost market share with
sales reduced by over 65% sicne 1992 Et. cal. we expect that , sales will increase in the coming two years so
tha t our market share will increase from 35% to 49% & 74 % in the respective coming two years.
2.2 Export
- Export target in % of the total sales .
2003/ 2004 - 4.76%
2004 / 2005 - 4.76%
No export till this date. Expected export for the next two years in value is Birr 984.000 and Birr 1,476.000
respectively.
- We still didn't identify the export market potentials that is why we are asking assistance in
these areas.
- Major customers are Blanket Factories, Garment Factories and traders.
7
3. Production and sales ( actual for the past three years and expected for the next three years)
3.1 In quantity terms - ' 000 sq .mt.
3.2 In value terms - '00 Birr
8
4. Financial
4.1 Ethio -Japanese Synthetic textiles S.Co. Profit & Loss Account
1998 1999 2000 2001 2002
Sales 36,034,314 36,751.556 17,613.418 9,088.502 7,900.889
Cash of products sold 31,053.103 31,452.863 14,610.531 9,230.022 10,813.445
Gross operating profit 4,981.211 5,298.693 3,002.887 ( 141.520) ( 2,912.556)
Other Income 48,552 316.111 47.652 116.820 832.439
5,029.763 5,614.804 3,050.539 ( 24,700) (2,080.117)
Expenses
General & Administrative 2,759.158 2,656.731 2,493.386 2,451.535 2,323.981
Financial charges 986.497 891.798 811.488 571.857 494.957
Directors remineration 98.125 46.204 17.930 14.275 17.020
Audit fee 22,272 22,885 22,231 24091 22,231
Provision for doubt for debit 3,806.052 3,617.618 9.068 3,061.758 313.251
Net profit before Taxation 1,223.711 1,997.186 3,354.103 (3,086.458) ( 3,171.404)
Provision for taxation 428.299 699.015 ( 303.564) (5,251.521)
A. Problems
B. Solutions
9
COMPANY PROFILE
ARBAMINCH TEXTILE SHARE COMPANY
1. GENERAL DESCRIPTION OF THE ORGANIZATION
1.1 Name of the organization: Arbaminch Textile Share Company
Location : Located in Arbaminch Town, Gamo Gofa
Zone of the Southern Nations,
Nationalities and peoples Regional state,
500kms away from Addis Ababa
Establishment : It was established in 1991 G.C
Manpower
- By Education
By Education Male Female Total
Basic Education
2 - 8 grade 239 130 369
9 - 11 51 54 105
12 completed 209 69 278
12+1 36 02 38
12+2 9 -- 9
12_3 11 -- 11
1st degree 1 -- 1
2nd degree 3 -- 03
PHD -- -- --
Total 559 255 814
- By age group
Age Male Female Total
18 - 30 109 80 189
31 - 40 384 156 540
41 - 50 61 18 79
51 - 55 5 6
Over 55 -- -- --
Total 559 255 814
- Management Members
S/No Position Planned Actual
1 General Manager 1 1
2 Production & Technical Manager 1 1
3 Finance & Administration " 1 --
4 Procurement & Marketing " 1 --
5 Finance Head 1 1
11
6 Administration Head 1 1
7 Procurement " 1 1
8 Technical Service " 1 1
9 Store & Suppliers " 1 --
10 Weaving " 1 1
11 Spinning " 1 1
12 Quality Control " 1 1
13 P.T.P.C " 1 1
Total 13 10
- By Salary Range
Salary Range Male1 Female Total
231 - 300 49 30 79
301 - 400 182 87 269
401 - 600 144 117 261
601 - 800 116 18 134
801 - 1000 46 3 49
1001 - 1500 13 -- 13
1501 - 2000 7 -- 7
2001 - 2500 1 -- 1
Over 2500 1 -- 1
Total 559 255 814
2. MARKET
2.1 Domestic (Local)
Potential size of the market is limited to the grey fabrics users like Awassa Textile Share Company, Komblcha Textile
Share Company and other private Textile uses especially that uses grey fabrics to take advantage of printing on their own
design and their customer needs.
The expected growth rate in the local market is very low because of the inflow of finished fabrics to the market.
The anticipated advantage of the enterprise in comparison to the competitors is the capability of producing best quality
grey fabrics especially polyester/ cotton blend fabrics since it is equipped with the latest technology machinery.
Since the Share Company is a producer of grey fabrics only the achieved market Share and expected market Share is very
low compared to the finished (Printed and dyed) fabrics.
Expected Local sales for the next three years and actual for the past three year
Expected Local Sales for next three years & actual for the past three years
1999 2000 2003 2004 2005 2006
1991EC 1992EC 1995 EC 1996 EC 1997 EC 1998 EC
Unit
No
2.2 Export
- Our export target is 25% of the total sales valeue
- Expected export sales for next three years and actual for the past one year
Type of 2003/1995 2004/1996 2005/1997 2006/1998
No product Unit Value in Value in Value in Value in
Qty Birr Qty Birr Qty Birr Qty Birr
1 Grey Mt. 120,000 485 1,885,500 8,179 3,450,300 14,978 4,268.200 19,794
fabrics
Total 485 8,179 14,978 19,794
- Other potential export market
12
- There are requests from different foreign suppliers from England and Italy
which is promising one.
2.3 Distribution & Market Facilities
- The distribution is affected by the existing location of the factory which is
far from the port area.
2.4 Major Customers
- Chemitex S.A of Belgium
- Cogetex S.A of Switzerland
3- Production & Sales (actual for the past three years and expected for the next three years)
3.1 - Production interms of quantity and value actual for the past three years and expected for the next three years
Value in 000 Birr
1999 2000 2003 2004 2005 2006
1991 EC 1992 EC 1995 EC 1996 EC 1997 EC 1998 EC
Unit
Value
Value Value in Value Value Value
No Product Type Qty in Birr Qty in Birr Qty Birr Qty in Birr Qty in Birr Qty in Birr
1 Grey fabrics Mt 3,363,496 18,881 2,672,201 27,232 3,556,289 25193 9,675,000 42,279 11,610,000 48,212 12,255,000 51,850
2 Yarn Kg 115,281 1,971 190,431 3,150 859,749 -- 5,000,000 7,390 4,000,000 5,912 2,000,000 3,000
s
Total 20,852 30,382 49,669 54,124 54,850
3.2 - Expected local sales for next three years and actual for the past three years
1999 2000 2003 2004 2005 2006
1991 EC 1992EC 1995 EC 1996 EC 1997 EC 1998 EC
Unit
No
4- Financial Analysis
4.1 Arbaminch Textile Factory Balance Sheet As of June 30,1989 - June 30,1992 E.C (in'000 Birr)
Description 1989 1990 1991 1992
Asset Current
Cash (9878) (8678) (6020) (1586
Accounts Receivable 29580 33483 40444 1932
Inventory 45422 37932 24673 17932
Goods in transit 3370 5007 7752 1823
Total current asset 68494 67744 66849 20101
Fixed asset 159216 159391 159391 154402
Less Acc. Depreciation 51506 61493 71,364 80378
Net Fixed asset 107710 97898 88027 74024
Total asset 176204 165642 154876 94125
Liability & capital current
Accounts payable 12907 15243 14630 18882
Accured Liabilities 50673 57513 63365 110
Total current Liabilities 63580 72756 77995 18992
Longe tern loan
Government loan 35038 35038 35038 --
Foreign Loan 93898 93898 93898 --
Total Liability 128936 128936 128936 --
Capital
State (share) capital 66699 66699 66699 108991
Share holder (Government) contribution -- -- -- --
General Deficit (83011) (102749) (118754) (33858)
Net capital Deficit (16312) (36050) (52055) (75133)
Total Liability & Capital 176204 165643 154876 94125
N.B. We took only the last four years balance sheet because 1993, & 1994 lease period financial statement is not complete.
13
Arbaminch Textile Share Company Profit & Loss Statement For the period 1989 - 1992 EC
4.2 Proft and loss account for the last five years.
In'000 Birr
Particulars 1989 1990 1991 1992
Operating Income
Gross Sales 33839 39227 23158 24051
Less sales tax 3625 3087 2185 2577
Net Sales 30214 36140 20973 21474
Cost of goods sold 46926 48952 30795 38680
Gross Profit (Loss) (16713) (12812) (9822) (17206)
Selling Adm. & Gen. Exp.
Selling & distribution Exp. 263 192 174 207
Adm. Salary & wages 1270 1374 1354 1505
Adm. & other Gen. Expense 6337 5333 5589 3424
Total Selling & General Exp. 7870 6899 7117 5136
Net Operating income (Loss) (24583) (19711) (16939) (20342)
Other income 56 22 181 819
Income (Loss) before tax (24527) (19689) (16758) (21523)
N.B We took only the last four years profit and loss account because 1993 & 1994 lease period financial statement is not
complete.
1992
DRCE = NPBT = --
CAPITAL EMPLOYED --
RDCI = NPBT =
CAPITAL INVESTED --
PROFITABILITY = NPBT
NET SALES = 107%
RATION OF COST & EXPENSE OF SALES = COST OF SALES
NET SALES
ADMINISTRATION & GENERAL EXP. = 15%
NET SALES
SELLING AND ADM. EXPENSE = 14%
NET SALES
FIXED ASSET EFFICIENCY = 62%
NET FIXED ASSET
CURRENT RATION = CURRENT ASSET = 54%
CURREN LIABILITY
QUICK RATIO STOCK = 28%
CURRENT LIABILITY
DEBT RATIO TOTA DEBT = 157%
TOTAL ASSET
b. Solution
Entering in Management Contract or Joint venture for export market access and marketing expertise.
14
15
DIRE DAWA TEXTILE FACTORY PROFILE
1.1 Name of the organization- Dire Dawa Textile Factory (D.D.T.F)
2 Date of establishment – 1939 in European Clander
Location - the factory located in the eastern Ethiopia in the regional Administrative council
of Dire Dawa 530 km from Addis Ababa
1.2 Address
Region Dire Dawa Council Tel No 251 -05 -11-34-88/89
Zone Dire Dawa Fax 251-05-11-05-82
Woreda 04 E-mail ddtf @ telecom.net.et
House No P.O.Box 29
1.3 Historical Background
The factory was established as an ETHIOPIAN COTTON SHARE COMPANY S.A with initial capital of 1.5 million
East African sharing which was about 0.5 million Ethiopian Birr. The shareholder was British and Egyptian
businessmen and the Royal family in Ethiopia. At the start labor force was 400 and production began with 9240
spindles and 390 looms. The annual production was 3.6 million yards fabric and 3000kg yarn.
1951 German businessmen improved the management system and also introduced new technology. The factory's
capital was also raised to 5 million.
In 1964 Fuji International Corporation took over the management. At this time Japanese Company and the
International Finance corporation (World Bank) made new investment in the factory and raised the capital to Birr 12
million.
In 1974 D.D.T.F. was nationalized and was put under the National Textile corporation (NTC)
In 1999 DDTF was transferred to a private investor with lease sales and the factory was named Addis Izmir Dire
Dawa Textile Factory.
In 2002 the factory again transferred to a public Enterprise and obtained its previous name i.e. Dire Dawa Textile
Factory At present DDTF's authorized capital is Birr 21,741,285. Birr
1.4 Objective of the enterprise
The purpose for which the enterprise is established are
2 To manufacture yarn and fabrics from cotton. Synthetic fibers and filaments
2 To produce finished fabrics for personal or house hold use.
2 To prepare goods for household use from cotton, yarn thread and woven or knitted fabrics.
2 To sell the factory products locally and abroad.
2 To engage generally in any other trade or business related to its line of purpose.
1.5 Main type of product
The factory is an integrated mill producing three main products.
Marketable yarn
DDTF uses splice-auto coners for knitting yarn for local knit wear manufacturers and
Exporters. It is also one of the major local suppliers of weaving yarn with a count range of Ne 6.5 to Ne 60.
Acrylic yarn
DDTF is the only factory in the country, which produce dyed acrylic yarn in
Counts Nm2/32, Nm2/36, Nm2/28, Nm1/36 etc.
Fabrics
The factory produces 100% cotton, polyester-cotton mix and 100% polyester
Woven fabrics in Gray, bleached, dyed and printed form. In different weave i.e.
- Sheeting - Sateen
- Flannel - Twill
- French twill - New mull
- Poplin - Bed sheet and others
16
Note:
2 Designed and attainable capacity is calculated in 3 shift and working day 288 days
2 Attained capacity in 2 shift
2 Acrylic yarn
2 In designed & Attainable capacity the raw material assumed is mixed. Top and Fibers
2 Attained capacity (currently) the raw material in use is fiber only.
1.7 Facilities
- Electric power is supplies from the national grid of the Ethiopian electric light
and power corporation (EEPLC) through 13 transformers with a total capacity
of 12150 KWA.
- Water is pumped from deep-wells (260m3.day) and from near by river
(500m3/day)
- Oil-fired boilers generate steam.
- Auto mechanical, wood work and electric workshops for maintenance.
- A foundry shop for melting and molding aluminum, cast iron, bronze, brass, copper,
tin and lead with a total capacity of 600kg/day.
- Enough storage places for raw materials spare parts and finished goods.
- Two Forklift trucks for loading and unloading purpose, 4 heavy trucks for
transportation of Raw material and products are available
- The company has its own fuel station with enough capacity for Naphtha and
Benzene.
- Telephones, E-Mail, Fax, Postal service are available in the factory. Air and train
Connection to Addis Ababa and Djibouti.
- A 2098-meter square of building for staff residence, a clinic a canteen.
- A branch office in Addis Ababa.
By Age
From 18-30 From 31-40 From 41-54 Total
400 1321 905 2626
By Qualification
Level of education. Man Power
- Read & Write 947
- Elementary School 518
- Secondary School 906
- Commerce Certificate 116
- Technical School Diploma 89
- University - Diploma 39
- Degree 11
Total 2626
17
By Salary Range
Ser NO of
No Monthly Salary Range Workers
1 150-200 10
2 201-250 71
3 251-300 129
4 301-400 593
5 401-500 1116
6 501-700 277
7 701-1000 299
8 1001-1500 103
9 1501-2000 18
10 2001 And Above 10
Total 2626
BOARD OF
DIRECTORS
AUDIT
GENERAL
MANAGER
EXECUTIVE
DEPUTY
GENERAL
MANAGER
18
2. MARKET.
2.1 Domestic /Local/
• Potential size of Market and expected growth rate.
The demand and Supply of the textile Products in the Country are largely far apart .The Population
of the Country is more than 60 Million Where as the textile industry sectors are few. Thus not
satisfy the need of the People. If Products are supplied according to the need of the People in quality
there is a wide Market size with the respective growth of the People.
• Anticipated advantage of the enterprise in Comparison to the Competition.
Our Factory is producing three typically different Products. That is
(1) Different kinds of grey & Bleached Yarn from 6.5 – 60 Ne, 100 % Cotton, Polyester Cotton
Mix, Knitting Yarns
(2) Dyed Acrylic Yarn
(3) Different Kinds of grey, Dyed and Printed fabrics. This Varity Product enables us to Shift the
Products as Market demand.
The Factory has a good Will in producing a quality Product for 65 Years.
• Expected Market Share achieved and to be achieved.
Our Products cause around 20% of the Yarn Market in the Country. We hope this Market Share
Will Continue in the Market
2.2 Export
• Expected Export target in % of the total sales
2003/04 2004/05
Expected Export target 6.7% 6.77%
2.2 EXPECTED PRODUCTION AND SALES FOR THE COMING TWO YEARS
PRODUCTION IN QUANTITY AND VALUE
UNIT 2003/04 2004/05
ITEM In Qty In value In Qty In value
Marketable yarn Kg 2,437,920 37,848,000 3,606,800 54,289,000
Acrylic yarn " 358,260 9,081,000 616,848 15,302,000
Fabrics yard 5,012,640 16,089,000 7,976,584 22,851,000
Other - - - - -
Total 63,018,000 92,442,000
SALES IN QUANTITY AND VALUE
UNIT 2003/04 2004/05
ITEM In Qty In value In Qty In value
Marketable yarn Kg 2,437,920 40,068,000 3,606,800 59,279,000
Acrylic yarn " 358,260 9,720,000 616,848 16,735,000
Fabrics Yard 5,012,640 13,091,000 7,976,584 18,337,000
Other - - 900,000 - 400,000
Total - 63,779,000 94,751,000
NB :- Sales is including tax
4. FAINANCIAL ANALYSIS
PROVSIONAL BALANCE SHEET
AS AT JUNE 2003
ANNUAL
Asset Employed
Fixed Asset 3,780,731.66
Current Asset
Stock 32,461,403.71
Debtors 3,716,036.49
Cash and Bank Balance 1,063,073.91
Total Current Asset 37,240,514.11
Current Liabilities
Creditors 1,084,064.07
Accruals 210,402.34
Tax payables 2,164,559.54
Total Current Liabilities 3,459,025.95
Net current Asset 33,781,488.16
Total Asset 37,562,219.82
Long term Loan 16,000,000.00
Total 21,562,219.82
Financed by
Capital
Authorized & Paid 26,256,765.42
Prof it & (Loss) Account (4,694,545.60)
20
21,562,219.82
Sales 41,186,978.72
Cost of goods sold 41,067,360.72
Gross profit (Loss) 119,618.00
Other Income 189,235.98
308,853.98
Expense
Distribution 80,829.52
Administration 4,416,672.04
Bored of mgt fee 35,488.39
Bank Charge 38,902.54
Audit fee 20,700.00
Total Expense 4,592,592.49
Net profit(loss) before tax (4,283,738.51)
Profit & Loss Adjustment (410,807.09)
Transfer to Deficit (4,694,545.60)
INTERNAL PROBLEMS
- Due to low productivity and efficiency machines the cost of production led the factory to losses.
- Poor quality image of fabric products limit the factory to penetrate into the export market
- Due to narrow width of fabrics and deterioration of the m/c the product have low market demand. Therefore, the
factory is manufacturing yarn in hand form for local hand loom weavers in order to utilize spinning m/c capacity.
- It is difficult to know the accurate yarn quality result & to control the production process because of the lack of
adequate production quality testing equipment.
EXTERNAL PROBLEMS
- Most of the spare parts of the old weaving m/cs are not available for purchasing
- With the introduction of the market economy, the Dire Dawa Textile factory is confronted with tough
computation both in the local and international market.
STRENGTH
2 Good discipline of workers
2 Good Infrastructure & Production aid services such as work shops & own water source
OPPORTUNITIES
2 Near ness of the port that is 380 kms far from Djibouti port.
2 Availability of labor
RECOMMENDED SOLOUTIONS
2 Management contract and Joint Investment for Machinery needs rehabilitation.
21
Profilo della Società Nazareth Garment Share Company Enterprise
1. Informazioni
1.1 Nome e sede
La Nazareth Garment SIC prende il nome dalla città nella quale ha sede. Nazareth è una zona della Regione Oromia o
Regione 4. Com’è noto la città è situata nel cuore del Paese, dove le strade collegano 4 regioni amministrative. E’ una
città in rapida espansione agricola. Si calcola che 700 persone vadano e vengano ogni giorno lavorativo per una breve
sosta o per affari. Situata ai piedi ai piedi dell’altipiano centrale all’interno delle pianure della Rift Valley, Nazareth
gode di un clima temperato. Ne consegue che la Nazareth Garment S.Co è situata in una zona commercialmente
strategica.
1.3 Obiettivi
Principali obiettivi dell’azienda:
- Produrre diversi tipi di capi d’abbigliamento di differenti materiali per uso personale e domestico
- Vendere i propri prodotti localmente e all’estero
- Offrire a chi fosse interessato il servizio di design, taglio e cucitura
- In generale, impegnarsi in qualsiasi tipo di affare utile al perseguimento dei suoi obiettivi
1.5 Capacità
Quanto agli impianti, l’azienda ha una capacità produttiva teorica di 2.400.000 camicie all’anno ad una media di 8.000
pezzi al giorno. Fisicamente la capacità produttiva raggiungibile è di 3.000 pezzi al giorno.
1.6 Infrastrutture
22
1.6.1 Indirizzo e sede
La Nazareth Garment S.Co. ha sede nella città che porta lo stesso nome a sud-est di Addis Abeba. Il suo
indirizzo in città è Higher 2, Kebele 03.
La Nazareth Garment S.Co. solo per il fatto di essere nella città di Nazareth è non solo collegata a molte
regioni del Paese da strade asfaltate ma gode anche del vantaggio di trovarsi sulla linea ferroviaria che collega
Djibouti ad Addis Abeba.
La Nazareth Garment S.Co. dispone di diverse linee telefoniche nazionali e internazionali, di telex, fax,e-mail
e servizio postale. Di seguito l’indirizzo completo dell’azienda:
Nazareth Garment Share Company
Higher 2, Kebele 03
Telephone: 251-2-11-33-61
Fax.. 251-2-111733
E-mail Nazarethgarmen@telecom.netet
P.O.Box: 418
Nazareth
L’azienda è collegata alla rete elettrica ed idrica. L’energia elettrica è fornita dalla rete nazionale
dell’Ethiopian Electric Corporation. L’acqua arriva tramite le condotte idriche cittadine ed anche da un pozzo
di proprietà dell’azienda.
La Nazareth Garment Share Co. occupa 52.100 metri quadri, che comprendono gli uffici, lo stabilimento
dell’azienda e terreno recintato. Out of this Production Hall is 7812.7, Office block, Canteen & Clinic 1340.8
Offices made of containers 264.0.
· Acqua
23
Il consumo d’acqua è stimato in circa 1.500 metri cubi all’anno. Le tariffe dipendono dal volume
dei consumi.
2. Produzione e vendite
2.1 Produzione
La produzione dell’azienda dal 1997-2000 è stata molto bassa. La produzione è diminuita costantemente ma
grazie all’impegno profuso dalla gestione nel 2001l l’zienda ha prodotto e venduto più del 100% della sua
produzione.
2.2 Vendite
Negli ultimi 5 anni le vendite sono costantemente aumentate. Il quadro è decisamente cambiato nel 2001. Il
picco è stato raggiunto nel 2001 con 508.920 articoli venduti per un’entrata totale di 15.4189.170 Birr. La
seguente tabella illustra il venduto espresso in quantità e valore rispettivamente nel 1997 e nel 2001.
3. Organizzazione
3.1 Struttura Organizzativa
La struttura organizzativa vede al top il Consiglio d’Amministrazione, poi i General Manager ognuno dei quali
segue una linea ed un comparto diverso. L’azienda ha 4 comparti: finanza, amministrazione, produzione e
commerciale. Ogni comparto è a sua volta suddiviso in 4 unità più piccole.
Secondo uno studio fatto nel 1996, la Nazareth Garment Share Company ha personale più qualificato rispetto
a quello di altre aziende simili del Paese. Sebbene ci sia una certa turnazione a livello manageriale il personale
non manca. Ci sono circa 840 impiegati di cui il 50.5% fissi e i restanti a termine. I numeri sono indicati di
seguito
Number of Employees at the Factory
Regolari A Contratto
Produzioni 301 392
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Serzizio di supporto 123 24
Total 424 416
Come già specificato, l’azienda dispone di personale qualificato a confronto con altre aziende simili del Paese.
Alcuni hanno titoli riconosciuti. La maggior parte, comunque, ha imparato il mestiere attraverso corsi
nazionali oppure all’estero.Gli impiegati fissi laureati o diplomati sono 9, in possesso di un diploma tecnico o
formazione specifica 14, scuola superiore 325, altro 79. Quanto al livello scolastico del personale temporaneo
201 hanno frequentato la scuola superiore e 215 quella elementare/media.
4. Situazione finanziaria
- La situazione finanziaria dell’azienda è illustrata nei documenti in allegato e si riferisce agli ultimi 5 anni
(1997-2001).
L’azienda non rientra tra quelle che hanno generato profitto nel periodo 1997-2000 (vedi Appendice III).
Guardando il conto profitti e perdite il bilancio è in negativo. Sebbene siano registrate crescenti perdite nel
2001 c’è stata la ripresa.
Per i dettagli vedere appendici II e III.
B. Soluzioni
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Nazareth Garment Share Company
Bilancio
199 7-2001
Past Performance
Account 1997 1998 1999 2000 2001
P*St,
Account Actual 1997 Actual 1998 Actual 1999 Actual 2000 Actual2001
Current Assets:
Fondo cassa 1232 6633 10 27971 26 5892 65 816 92
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Appendix IV
1997-2001
Account Actual 1997 Actual.1998 Actual 1999) Actual 2000 Actual 2001
Salari lordi 4193642 69 8998124 96 5028515 72 4944318 58 15419176 23
Less Sales Tax 425648 9 954948 1 511345 72 498409 55 1623133 431
Net Sales 3767994 601 8043176 951 4517170 - 4445909 3 13796042 801
Less Co Gs 4858492 691 6994038 561 5609562 15 4605108 95 10064408 471
Profitto lordo (1090498 09)1 1049138 391 (1092392 15) (159199 92), 3731634 331
Altri introiti (29023 88)1 10902 70 54885 26098 82 66345 181
Totale introiti (1119521 97)1 1060041 9 1037507 15) (133101 10) 3797979 511
Spese: 1- - 1
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Appendix IV
Past Performance
Account Actual 1997 Actual 1998 Actual 1999 Actual 2000 Actual2001
Work in Process Begn. 641123 841 77235 89 144505 75 134630 - 120891 64
Direct Raw Material 2215323 961 4683362 83 2053232 2 2478834 56 7379921 3
Indirect Raw Material 5651 331 124584 54 126046 59 31710 31 90854 58
Direct Labour 930034 181 1052766 72 1146988 53 612165 801 1277128 50
Indirect Labour 2049,90 701 245432 71 309982 78 186076 61 254139 73
Depreciation 1066502 641 1064910 37 1048161 27 410828 421 578180 88,
Repair & Maintenance 49859 551 6036 25 28063 57 150 7415 81
Electricity & Water 50781 951 60578 48 83079 39 37433 18 71202 581
Staff Benefit 119343 36 - - - - - - 103397 42
Others 22944 75 50466 81 33911 87 20430 13, 37124 69
Sub Total 5306556 26 7365374 60 4973971 77 3912258 46 9920256 13
Less: Working Process Ending 114456 32, 144505 75 -503791 86 120891 64 132950 56.
Finished Goods Trans 5192099 941 7220868 851 4470179 91 3791366 82 9787305 571
Add.. Fins. Prod. Beg 3302029 4 3454567 47 3681397 76 2565683 961 1751941 83
Purchase 88516 - - - - - - - 555874 50
Consignment 30500 - - - - - - - - -
Transfer to U. Account (21154 19) - - - - - - (14790 02)
Adj. On F. Goods Degn (55449 07) - - - - - - (69225 85)
Inventory Overage, Shortage 36327 46 - - - - - - - (176320 27)
Total 8572869 18 10675436 32 8151577 67 6357050 78 11539247 40
Less: Finished Prod. Ending 3709682 34 3681397 761 2542015 52 1751941 83 1764537 841
Sales Sample (4694 15) - - - - (5839
Cost of Goods Sold 48584921 69 6994038 56 56095621 151 46051081 95, 10
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