Kuapa Kokoo

Due to a leadership transition in 2006 and 2007, and the Ghanaian currency crash in 2006, complete financial reports from FY2006 and 2007 were not available. Given the financial information that was available, it is difficult to obtain a solid understanding of Kuapa Kokoo's financial situation. Complete, audited financial statements were available for two years; however, in one of those years, data was reported for an 18 month period instead of for 12 months. The primary revenue engine for the cooperative is Kuapa Kokoo Limited. In the two years for which data was available, they showed a tremendous increase in sales. Without subsequent data, it is impossible to know if this level of revenue generation can continue. Problems with the financial analysis of this operation included: inconsistent reporting periods, missing data, and a currency change in 2007. The most that can be said is that the enterprise appears to be generating revenue and posting positive net income from that revenue.