Transcorp Power (NSA:TRANSPOWER) Tax Expense : ₦ Mil (TTM As of Sep. 2024)

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What is Transcorp Power Tax Expense?

Transcorp Power's tax expense for the months ended in Sep. 2024 was ₦9,648 Mil.

Transcorp Power Tax Expense Historical Data

The historical data trend for Transcorp Power's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Transcorp Power Tax Expense Chart

Transcorp Power Annual Data

Trend

Tax Expense

Transcorp Power Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Tax Expense	Get a 7-Day Free Trial			4,144.34	3,526.14	8,631.67	7,679.29	9,647.86

Transcorp Power Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Transcorp Power (NSA:TRANSPOWER) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Transcorp Power Tax Expense Related Terms

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Transcorp Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transcorp Power PLC (NSA:TRANSPOWER) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

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Address

Kilometer 12 warri patani road, Delta State, Ughelli, NGA

Website

https://www.transcorppower.com

Transcorp Power PLC is engaged in power sector in Nigeria. It is a gas-fired open cycle thermal power plant located in Ughelli. It is fossil-fuel-based power-generating station in the country. The plant has an installed capacity of 972 MW and can generate 2,500 GWh of electricity annually. Transcorp power plant uses natural gas supplied by Nigeria, Nigeria Gas Infrastructure Company (NGIC) as the primary fuel for power generation. The Company has two operating segments: International - this segment is responsible for the sale of electric power to customers outside Nigeria and Local - this segment is responsible for the sale of electric power to customers within Nigeria. Key revenue is generated from Local sales.

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