60 / 80
STAKEHOLDER ENGAGEMENT
| SOCIETY | REGULATORS
| SHAREHOLDERS |
MEDIA | CUSTOMERS | BUSINESS PARTNERS | EMPLOYEES |
60
SHAREHOLDERS BY SHAREHOLDING BAND (VOLUME OF SHARES HELD)
FY17
FY16
FY15
No.
%
No.
%
No.
%
1 to 1,000
377,352
64.75%
386,151
64.27%
397,215
63.67%
1,001 to 10,000
182,116
31.25%
189,837
31.60%
200,039
32.06%
10,001 to 100,000
20,771
3.56%
22,234
3.70%
23,954
3.84%
100,001 to 1,000,000
1,854
0.32%
1,955
0.33%
2,066
0.33%
1,000,001 to 10,000,000
492
0.08%
465
0.08%
428
0.07%
10,000,001 to 100,000,000
179
0.03%
176
0.03%
161
0.03%
Over 100,000,000
11
0%
13
0%
13
0%
The preceding table shows that 95% of our shareholders hold a maximum of 10,000 shares and are mostly comprised of the local individuals.
FY17 HIGHLIGHTS
We continue to monitor our performance and deliver value to our investors
through our strong financial performance and through how we engage and
communicate with them. We delivered strong financial performance yet again
this year, which has resulted in further dividend growth and share appreciation.
FY17 FY16 FY15
EBITDA (KES billion)
103.6 83.1 71.2
EBIT (KES billion)
70.4 55.1 45.6
Net Income (KES billion)
48.4 38.1 31.9
Dividend per Share Proposition
0.97 0.76 0.64
Free cash flow (KES billion)
43.5 30.4 27.5
During the year, our net income grew by 27.1% to KES 48.4 billion, up from KES 38.1
billion in FY16. This includes a once-off payment of KES 3.4 billion from the Kenyan
government for the National Police Service Project. Our free cash flow also
increased from KES 30.4 billion in FY16 to KES 43.5 billion. We also achieved an EBIT
of KES 103.6 billion, up from KES 83.1 billion in FY16.
We continue to engage with individual investors, fund managers, analysts and
other members of the investment community actively. On a regular, ongoing
basis, we deliver value to these important stakeholders by ensuring that we are
available to them and respond to their telephonic, email and message-based
enquiries swiftly. We also publish an annual report to keep investors updated
on financial and non-financial performance, and we hold an annual general
meeting, which provides a forum for discussion and debate with shareholders.
We also disseminate information about financial results, reports and upcoming
events to them via press releases and other communiqués. In addition, we will
invite shareholders and other members of the investment community to briefings
and workshops as required.
Please refer to the Safaricom Annual Report at
https://www.safaricom.co.ke/annualreport_2017/ for more
detailed information and discussion regarding our financial performance.