Centum Clarifies Financial Figures After Auditor Review

Centum Investment Company Plc has made reclassification adjustments to its previously published financial statements for the year ended March 31, 2026, following a review of its Integrated Report by auditors.

In a notice dated September 11, the company said the adjustments affect the presentation of Other Comprehensive Income (OCI) in its separate financial statements for the 2026 and 2025 financial years.

“Following the review of the Integrated Report for the year ended 31 March 2026 by the auditors, the Board of Directors of Centum Investment Company Ple (CICP) wishes to notify shareholders and the investing public that certain reclassification adjustments have been made to the financial information published on 30 July 2026,” read part of the notice.

Centum Reclassifies Other Comprehensive Income Figures

Centum said the changes do not affect its previously reported profit after tax, balance sheet or distributable reserves.

Following the adjustments, the company-level OCI for FY2026 increased to Ksh976 million from the previously reported Ksh120 million loss, while for FY2025, OCI was revised down to Ksh3.3 billion from Ksh3.8 billion previously reported.

Also Read: Centum Appoints Acting CEO as James Mworia Steps Down

In addition, Centum said the changes relate to the presentation of certain amounts that had already been reflected correctly in its Statement of Financial Position.

The company said the reclassification adjustments arose from two transactions reflected in its separate financial statements.

According to Centum, the first relates to a group reorganisation involving its subsidiary, Vipingo Development Limited.

Centum said the transaction had previously been accounted for directly in equity in the company’s separate financial statements and has now been reclassified under OCI.

The second adjustment relates to other reserves arising from the disposal of shares in Bakki Holdco Limited, the vehicle through which Centum held its stake in Sidian Bank.

Centum said the reserves arising from the disposal had previously been accounted for under OCI in its separate financial statements and have now been reclassified.

No Impact on Profit After Tax

Centum further highlighted that the changes are reclassification adjustments and do not represent a change in the underlying financial position reported previously.

The company said the amounts involved had already been correctly reflected in its Statement of Financial Position.

Also Read: Centum CEO James Mworia Lands New Govt Role

As a result, the adjustments have no impact on profit after tax, the balance sheet or distributable reserves.

It also advised shareholders and the investing public to refer to its Integrated Report for the year ended March 31, 2026, as well as the financial information published on July 30, 2026, for further details.

“Refer to the Integrated Report for the year ended 31 March 2026 published on the Company’s website and the financial information published on 30 July 2026, also available on the website,” read part of the statement.

Follow our WhatsApp channel for instant news updates.

Photo showing a notice on Centum after revising FY2026 and FY2025 OCI Figures. Photo/ File