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Public Companies Report.pdf

2370_1642_rapport_eep_2013_anglais_2_.pdf
Preview of Public Companies Report
🔗 Source: finances.gov.ma
📊 Size: 166 KB
👤 Author: elidrissi
⬇️ Downloads: 184

Summary

Public Establishments and Companies (PEC) in Morocco showed increased dynamism in 2011 and 2012, despite the global economic and financial crisis, with good performance in activity, turnover, added-value, and results. In 2011, PEC's turnover was 189 billion MAD, value added was 81.2 billion MAD, operating income was 34.9 billion MAD, and net income was 27.8 billion MAD. Their financial position also improved, with a consolidated balance sheet of 920.4 billion MAD and stockholders' equity of 363 billion MAD. PEC are expected to contribute to the achievement of three major objectives in 2013: improving competitiveness, reducing social and spatial disparities, and implementing structural reforms. To achieve these objectives, PEC will focus on consolidating their existing investments, improving performance and quality of services, rationalizing spending, and improving governance and transparency.

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Description

Public Establishments and Companies (PEC) in Morocco showed increased dynamism in 2011 and 2012, despite the global economic and financial crisis, with good...

Technical Information

  • File Format: PDF
  • File Size: 166 KB
  • Pages: 13
  • Language: EN
  • Author: elidrissi
  • Total Downloads: 184
  • Last Updated: 24 hours ago

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