Board of Directors
- Toleafoa Douglas Creevey (Chairperson)
- Tapuala Leota Ulupale Fuimaono
General Manager:
Faumui Iese Toimoana
Purpose
EPC is an autonomous government owned Corporation responsible for the generation, transmission, distribution, and selling of electricity in Samoa. EPC plays a crucial role in the development of Samoa’s economy and operates under the Energy Sector alongside other government bodies, striving to provide efficient, affordable and reliable electricity supply in order to achieve the Sector goal of “Sustainable energy supply.”
It continues to provide focus to achieve their linked Vision and Mission statements as stated below:
Vision and Mission
- Vision Statement:“Clean energy sources for sustainable and affordable electricity supply for Samoa”
- Mission Statement: “To provide and maintain quality electricity services through innovative, sustainable and environmentally sound practices in developing renewable energy sources, generation and distribution infrastructure network, in partnership with customers and stakeholders to support the development of Samoa”
Financial Results
| KPIs | 2016 | 2017 | 2018 |
|---|---|---|---|
| Revenue (SAT m) | 115.74 | 117.7 | 119.2 |
| Expenditure (SAT m) | 94.64 | 113.6 | 114.1 |
| Net Profit(Loss) after Tax (SAT m) | 17.14 | 4.1 | 5.1 |
| Net Profit (Loss) as % of Revenue | 14.81% | 3.47% | 4.3% |
| Return on Equity | 7.27% | -3.16% | 1.03% |
| Return on Assets | 3.83% | 0.9% | 1.03% |
| Current Ratio | 3.86 | 4.39 | 3.67 |
| Debt to Equity ratio | 0.73 | 53% | 50% |
| Cash Flow ending balance (SAT m) | 7.86 | 2.25 | 0.701 |
| NON FINANCIAL KPIs | |||
| Number of Employees | 274 | 274 | 280 |
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