Kwetchi Intelligence
Cameroon · Entry PE-CM-0002 · specimen

SONARA.

96%§
State share
Mixed
Category
2023
Last accounts filed · unaudited
Critical
Standing · house reading
I · General

The refinery of record.

The national refinery, incorporated in 1973, seated at Limbé on the Atlantic coast. Its mission under statute: refine crude for the domestic market and secure the country’s fuel supply. The plant has been halted since the fire of 31 May 2019; the enterprise imports and trades refined products while reconstruction is decided.

Legal statusSociété anonyme, majority State
OwnershipState 96% · private minority 4% §
SupervisionMinistry of Water and Energy · CTR portfolio
SeatLimbé, South-West region
General managementAwaiting capture from the CTR report §
Board chairAwaiting capture from the CTR report §
II · Human resources

Five hundred and eighty on the payroll.

Headcount held near its pre-fire level while the plant stands idle: the payroll is part of the argument between subsidies decided and subsidies arrived.

Headcount, 2023580 §
Headcount, 2019640 §
Average annual wage14.2 XAF m §
Executive remunerationAwaiting capture §
Hires, 202312 §
Payroll share of revenue4.8% §
III · Financials

Five years, side by side.

Balance sheet and income statement in the house’s columns: subsidies decided and subsidies arrived never merge, and the distance between them is the finding.

XAF bn20192020202120222023§
Revenue312148139162171§
Net result−62−71−58−51−46§
Gross debt652701728736742§
Subsidies decided4055707885§
Subsidies arrived2228313741§
Debt / revenue2.14.75.24.54.3§
Net result, 2019 to 2023
20192020202120222023−62−71−58−51−46XAF BN · SPECIMEN §
Subsidies decided against arrived, 2023
DECIDED85ARRIVED41XAF BN · SPECIMEN §
IV · Performance & governance

The audit trail, as it will read once captured.

State transfers decided for SONARA in FY2023 reached XAF 85 billion against XAF 41 billion recorded as disbursed; the refinery has published no audited accounts since the 2019 fire.
Accounts filed on time2 of the last 5 years §
External auditNone published since FY2018 §
Board meetings, 2023Awaiting capture §
Performance contractAwaiting capture §

Citation, once sourced: Kwetchi Intelligence, Public enterprises, entry PE-CM-0002, [source], consulted at kwetchi.com/datasets/public-enterprises#PE-CM-0002.

V · ESG & development impact

What the refinery carries.

The stakes are national: fuel security for a country of twenty-eight million, the industrial anchor of the Limbé coast, and one of the largest single claims on the subsidy annexes of the lois de finances. Every year the plant stands idle, imports substitute for production and the debt service crowds the very transfers meant to rebuild it. The observatory records the chain: the decision, the disbursement, the result, and who bears the distance between them.

Fuel import dependency100% since June 2019 §
Direct and induced jobs, Limbé2,400 §
Environmental liabilitiesAwaiting capture §
VI · Documents

The shelf.

Every enterprise of the census carries its own shelf: reports, filed accounts, statutes and sources, each captured as a PDF facsimile with its SHA-256 fingerprint and UTC timestamp, held in the house vault and readable from this page. Until a piece is captured, the shelf says so.

DocumentFormatStatus
Loi de finances 2023, annexe des subventionsPDF · vaultAwaiting capture §
CTR, rapport annuel sur les entreprises publiques 2023PDF · vaultAwaiting capture §
SONARA, états financiers déposés FY2023, unauditedPDF · vaultAwaiting capture §
SONARA, derniers états financiers audités FY2018PDF · vaultAwaiting capture §
Statuts et textes fondateursPDF · vaultAwaiting capture §
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