GROUP MEMBERS

S.# Name ERP

1 SYED ABDUL RAFAY RASHID 19457
2 MUFADDAL MUNAWWAR 19453
 Company 1
Company 1-Vertical Analysis
Balance Sheet
2015
ASSETS
Non-current assets
Property, plant and equipment
Intangibles
Long-term Investments
Long-term loans, advances & receivables
Long-term deposits and prepayments
Deferred taxation

Current Assets
Stores, spare parts and loose tools
Stock-in-trade
Trade debts
Loans and advances
Deposits and short-term prepayments
Markup/interest receivable
Other receivables
Taxation - net
Cash and bank balances

Net assets in Bangladesh

Total Assets

EQUITY AND LIABILITIES

Equity
Share capital
Reserves

Non-current liabilities
Long term deposits
Retirement and other service benefits

Current liabilities
Trade and other payables
Provisions
Accrued interest/mark-up on short term borrowings
Short term borrowings

Total equity and liabilities

 Company 1-Horizontal Analysis (% change from
Balance Sheet
2014
ASSETS
Non-current assets
Property, plant and equipment
Intangibles
Long-term Investments
Long-term loans, advances & receivables
Long-term deposits and prepayments
Deferred taxation

Current Assets
Stores, spare parts and loose tools
Stock-in-trade
Trade debts
Loans and advances
Deposits and short-term prepayments
Markup/interest receivable (commenced in 2013)
Other receivables
Taxation - net
Cash and bank balances

Net assets in Bangladesh (none for 2011-16)

Total Assets

EQUITY AND LIABILITIES

Equity
Share capital
Reserves

Non-current liabilities
Long term deposits
Retirement and other service benefits

Current liabilities
Trade and other payables
Provisions
Accrued interest/mark-up on short term borrowings
Short term borrowings

Total equity and liabilities

Company 1-Vertical Analysis

 Income Statement
2015
Sales (net of trade discounts and allowances)
Less:
Sales tax
Inland freight equalization margin
Discounts/ allowances

Net Sales

Cost of products sold

Gross Profit

Other Operating Income

Operating costs
Distribution and marketing expenses
Administrative expenses
Other operating expenses

Profit from operations

Other income
Finance costs

Share of profit of associates

Profit before taxation
Taxation
Profit for the year

Earnings per share

Other comprehensive income

Items that will not be reclassified:
Share of actuarial losses on remeasurement of post employment benefit
plan of an associate - net of tax
Actuarial gains/(losses) on remeasurement of retirement and other
service benefits
Less: Taxation thereon

Unrealized gain due to change in fair value of long-term available-for-

sale investments
Items that may be reclassified subsequently to profit or loss:
Share of unrealized gains/(losses) due to change in fair value of
available-for-sale investments of associates
Unrealized (loss)/gain due to change in fair value of long-term
available-for-sale investments
Less: Taxation thereon

Total Comprehensive Income for the year

Company 1-Horizontal Analysis (% change from

Income Statement
2014
Sales (net of trade discounts and allowances)
Less:
Sales tax
Inland freight equalization margin
Discounts/ allowances (started in 2015)

Net Sales

Cost of products sold

Gross Profit

Other Operating Income

Operating costs
Distribution and marketing expenses
Administrative expenses
Other operating expenses

Profit from operations

Other income (earned only in 2011)
Finance costs

Share of profit of associates

Profit before taxation
Taxation
Profit for the year

Earnings per share

Other comprehensive income

Items that will not be reclassified:
Share of actuarial losses on remeasurement of post employment benefit
plan of an associate - net of tax (nil in 2011)
Actuarial gains/(losses) on remeasurement of retirement and other
service benefits (nil in 2011)
Less: Taxation thereon (nil in 2011)

Unrealized gain due to change in fair value of long-term available-for-

sale investments (nil in 2011)
Items that may be reclassified subsequently to profit or loss:
Share of unrealized gains/(losses) due to change in fair value of
available-for-sale investments of associates
Unrealized (loss)/gain due to change in fair value of long-term
available-for-sale investments
Less: Taxation thereon (nil in 2011)

Total Comprehensive Income for the year

Company 1 ratios
2015
Liquidity Ratios
Current ratio (times)
Quick ratio (times)
Assets Management Ratios
Inventory turnover (times)
Receivables turnover (times)
Payables turnover (times)
Days Sales Outstanding (days)
Days Sales Of Inventory (days)
Days Payable Outstanding (days)
Operating Cycle (days)
Cash Conversion cycle (days)
Total Asset Turnover (times)
Fixed Asset turnover (times)
Debt Management Ratio
Debt to Asset Ratio
Debt to Equity ratio
Long term debt ratio
Times Interest Earned Ratio
Profatibility Ratios
Gross Profit Margin
Net Profit Margin
Operating Profit Margin
Return On Total Assets
Return On Common Equity
Market Value Ratios
Price to earning ratio (times)
Market to Book Ratio (times)
Dividend Yield Ratio
Dividend Payout Ratio
Dividend Cover (times)

Solvency Ratio

Company 1
Balance Sheet

2014
Rs 000s
ASSETS
Non-current assets
Property, plant and equipment 23,881,426
Intangibles -
Long-term Investments -
Long-term loans, advances & receivables 1,800
Long-term deposits and prepayments 309,749
Deferred taxation -
24,192,975
Current Assets
Stores, spare parts and loose tools 2,016,336
Stock-in-trade 1,409,107
Trade debts 580,214
Loans and advances 50,414
Deposits and short-term prepayments 268,545
Markup/interest receivable 173
Other receivables 20,585
Taxation - net -
Cash and bank balances 842,983
5,188,357
Net assets in Bangladesh -
Total Assets 29,381,332

EQUITY AND LIABILITIES

Equity
Share capital 13,798,150
Reserves 1,990,037
15,788,187
Non-current liabilities
Long term deposits 5,362,998
Deferred liabilities 3,747,641
Provision for compensated absenses -
deferred taxation -
 9,110,639
Current liabilities
Trade and other payables 1,725,648
Current portion on long term financing 2,551,169
Accrued interest/mark-up on short term borrowings 163,457
Short term borrowings 42,232
Provision for taxation - net -
Accrued liabilities -
Security deposits -
Advances from customers -
Provision for compensated absenses -
Payable to employees -
Unclaimed dividend -
4,482,506
Total equity and liabilities 29,381,332

Company 1
Comprehensive Income
ended 30 June
2014

Sales (net of trade discounts and allowances) 21,306,248

Less:
Sales tax 2,941,426
Excise duty 824,950
Export development surcharge 7,595
(3,773,971)
Net Sales 17,532,277

Cost of products sold (11,448,142)

Gross Profit 6,084,135

Other Operating Income -

6,084,135
Operating costs
Distribution and marketing expenses 125,106
Administrative expenses 225,957
Other operating expenses 333,504
(684,567)
Profit from operations 5,399,568
Other income 152,081
Finance costs (1,042,144)
Insurace claim -
(890,063)
Profit before taxation 4,509,505
Taxation (1,883,511)
Profit for the year 2,625,994

Earnings per share 1.80

Other comprehensive income

Items that will not be reclassified: 0
Share of actuarial losses on remeasurement of post employment benefit
plan of an associate - net of tax -
Actuarial gains/(losses) on remeasurement of retirement and other
service benefits -
Less: Taxation thereon -
-
Unrealized gain due to change in fair value of long-term available-for-
sale investments -
Items that may be reclassified subsequently to profit or loss:
Share of unrealized gains/(losses) due to change in fair value of
available-for-sale investments of associates -
Unrealized (loss)/gain due to change in fair value of long-term
available-for-sale investments -
Less: Taxation thereon -

Total Comprehensive Income for the year 2,625,994

Additional Information
2014
Dividend per share (Rs) 0.8
Price per share (Rs) 15.41
Total Dividend (Rs) 371,213,291
COGS 11,448,142
Credit Purchases (Rs 000s)
Number of shares (not in 1000s) 494,951,055
Tax rate
Depreciation (Rs 000s)
Amortization (Rs 000s)
Accounts Payable (Rs 000s) 170,463
Book value per share (Rs) 11.86
mpany 1
-Vertical Analysis
ance Sheet
2016 2017 2018 2019
Analysis (% change from base year 2014)
Balance Sheet
2015 2016 2017 2018 2019

-Vertical Analysis
me Statement
2016 2017 2018 2019
Analysis (% change from base year 2014)
Income Statement
2015 2016 2017 2018 2019
pany 1 ratios
2016 2017 2018 2019
 As at 30 June
2015 2016 2017 2018 2019
Rs 000s Rs 000s Rs 000s Rs 000s Rs 000s

23,880,553 21,701,250 22,003,943 22,624,413 23,202,930

- - - -
- - - - -
900 - - - -
233,241 156,733 86,601 86,601 86,601
- - - - -
24,114,694 21,857,983 22,090,544 22,711,014 23,289,531

1,965,411 2,177,367 2,194,451 3,067,684 3,055,041

888,536 540,588 1,071,970 1,244,805 944,022
566,141 569,101 1,148,618 1,168,343 947,046
11,190 218,947 83,001 37,927 36,176
375,563 16,593 53,374 66,669 20,463
3,902 4,447 2,663 1,031 398
6,039 982,562 589,761 104,664 7,660
- - - 115,550 261,998
2,296,603 1,665,579 517,837 531,759 402,847
6,113,385 6,175,184 5,661,675 6,338,432 5,675,651
- - - - -
30,228,079 28,033,167 27,752,219 29,049,446 28,965,182

13,798,150 13,798,150 13,798,150 12,433,765 12,433,765

3,620,834 4,629,705 5,882,975 8,055,175 8,464,797
17,418,984 18,427,855 19,681,125 20,488,940 20,898,562

4,000,119 1,486,178 1,063,045 636,868 317,835

4,378,810 4,482,438 4,339,510 - -
- - - 64,178 71,216
- - - 3,600,638 3,925,740
 8,378,929 5,968,616 5,402,555 4,301,684 4,314,791

2,055,628 1,968,031 1,558,258 1,024,758 948,864

2,524,978 2,525,955 426,177 426,177 319,034
144,013 76,265 43,991 35,980 39,021
5,758 78,037 312,441 1,638,886 990,112
- 312,893 327,672 - -
- - - 573,347 834,816
- - - 176,339 219,704
- - - 245,133 324,300
- - - 17,107 20,399
- - - 9,534 11,832
- - - 111,561 43,747
4,730,377 4,961,181 2,668,539 4,258,822 3,751,829
30,528,290 29,357,652 27,752,219 29,049,446 28,965,182

Statement of
For the year
ended 30 June
2015 2016 2017 2018 2019

22,751,334 24,572,911 27,434,754 29,679,456 29,500,317

3,174,035 3,490,330 4,208,713 4,549,060 4,473,274

928,189 1,032,713 2,800,854 3,965,877 4,225,401
6,752 5,430 1,831 3,641 3,560
(4,108,976) (4,528,473) (7,011,398) (8,518,578) (8,702,235)
18,642,358 20,044,438 20,423,356 21,160,878 20,798,082

(11,615,261) (10,879,156) (15,985,679) (16,046,291) (15,474,771)

7,027,097 9,165,282 4,437,677 5,114,587 5,323,311

- 268,798 - - -
7,027,097 9,434,080 4,437,677 5,114,587 5,323,311

141,018 208,777 166,361 275,933 210,335

271,629 312,108 339,766 385,602 415,979
419,918 578,543 291,095 311,184 326,689
(832,565) (1,099,428) (797,222) (972,719) (953,003)
6,194,532 8,334,652 3,640,455 4,141,868 4,370,308
191,386 - 136,884 104,094 148,358
(706,027) (503,346) (152,960) (147,813) (106,758)
- - 305,842 - -
(514,641) (503,346) 289,766 (43,719) 41,600
5,679,891 7,831,306 3,930,221 4,098,149 4,411,908
 (1,563,726) (2,464,106) (1,317,010) (668,685) (1,587,610)
4,116,165 5,367,200 2,613,211 3,429,464 2,824,298

2.91 3.98 1.89 2.49 2.05

- - - - -

- - - - -
- - - - -
- - - - -

- - - - -

- - - - -

- - - - -
- - - - -

4,116,165 5,367,200 2,613,211 4,098,149 2,824,298

Additional Information
2015 2016 2017 2018 2019
1.0 1.8 1.8 1.0 0.8
26.46 36.76 41.22 28.86 21.28
494,951,055 890,911,899 978,570,436 543,650,242 434,920,194
11,615,261 10,879,156 15,985,679 16,046,291 15,474,771

494,951,055 494,952,055 543,650,242 543,650,242 543,650,242

157,147 117,959 273,663 532,310 310,154

13.09 13.36 14.26 14.85 15.15