Crescent Steel and Allied Products L

BALANCE SHEET
2015 2016
Assets
Non-current assets
Property, plant and equipment 780,672 822,636
Intangible assets 9,525 3,507
Investment properties 23,319 19,316
Long term investments 3,038,147 3,934,928
Long term deposits 24,220 176,668
Deferred taxation 38,047 0
3,913,957 4,957,055
Current assets
Stores, spares and loose tools 66,801 111,583
Stock-in-trade 453,108 2,266,787
Trade debts 87,922 322,851
Advances 17,867 39,830
Trade deposits and short term prepayments 11,411 16,524
Investments 388,005 391,946
Mark-up accrued 0 0
Other receivables 200,311 785,404
Taxation - net 210,770 529,321
Cash and bank balances 42,551 62,902
1,478,746 4,527,148

Total assets 5,392,703 9,484,203

EQUITY AND LIABILITIES

Share capital and reserves
Issued, subscribed and paid-up capital 621,060 776,325
Capital reserves 299,041 1,025,694
Revenue reserves 3,130,642 4,005,706
4,050,743 5,807,725

Non-current liabilities
Long term loans 238,875 394,250
Liabilities against assets subject to finance lease 46,367 77,145
Deferred income 1,315 9,179
Deferred taxation 0 68,259
286,557 548,833
Current liabilities
Trade and other payables 637,632 850,158
Unpaid dividend 0 0
Unclaimed dividend 0 0
Mark-up accrued 11,683 21,023
Short term borrowings 301,822 2,083,975
Current portion of long term loans 55,125 109,250
Current portion of liabilities against assets subject to finance lease 47,283 58,687
Current portion of deferred income 1,858 4,552
1,055,403 3,127,645

Total equity and liabilities 5,392,703 9,484,203

PROFIT AND LOSS ACCOUNT

Sales - net 2,101,564 7,412,035
Less: Sales tax 0 0

Cost of sales 2,069,070 5,269,059

Gross profit 32,494 2,142,976
Income from investments 308,702 42,555
341,196 2,185,531
Distribution and selling expenses 27,247 15,497
Administrative expenses 166,752 283,103
Other operating expenses 29,319 421,253
223,318 719,853
117,878 1,465,678
Other income 25,559 93,675
Operating profit before finance costs 143,437 1,559,353

Finance costs 80,666 243,780

Profit before taxation 62,771 1,315,573
Taxation -43,651 348,437
Profit after taxation 106,422 967,136

BALANCE SHEET
2015 2016
Assets
Non-current assets
Property, plant and equipment 780,672 822,636
Intangible assets 9,525 3,507
Investment properties 23,319 19,316
Long term investments 3,038,147 3,934,928
Long term deposits 24,220 176,668
Deferred taxation 38,047 0
3,913,957 4,957,055
Current assets
Stores, spares and loose tools 66,801 111,583
Stock-in-trade 453,108 2,266,787
Trade debts 87,922 322,851
Advances 17,867 39,830
Trade deposits and short term prepayments 11,411 16,524
Investments 388,005 391,946
Mark-up accrued 0 0
Other receivables 200,311 785,404
Taxation - net 210,770 529,321
Cash and bank balances 42,551 62,902
1,478,746 4,527,148

Total assets 5,392,703 9,484,203

EQUITY AND LIABILITIES

Share capital and reserves
Issued, subscribed and paid-up capital 621,060 776,325
Capital reserves 299,041 1,025,694
Revenue reserves 3,130,642 4,005,706
Total Shareholders' Equity 4,050,743 5,807,725

Non-current liabilities
Long term loans 238,875 394,250
Liabilities against assets subject to finance lease 46,367 77,145
Deferred income 1,315 9,179
Deferred taxation 0 68,259
286,557 548,833
Current liabilities
Trade and other payables 637,632 850,158
Unpaid dividend 0 0
Unclaimed dividend 0 0
Mark-up accrued 11,683 21,023
Short term borrowings 301,822 2,083,975
Current portion of long term loans 55,125 109,250
Current portion of liabilities against assets subject to finance lease 47,283 58,687
Current portion of deferred income 1,858 4,552
1,055,403 3,127,645

Total equity and liabilities 5,392,703 9,484,203

PROFIT AND LOSS ACCOUNT

Sales - net 2,101,564 7,412,035
Less: Sales tax 0 0

Cost of sales 2,069,070 5,269,059

Gross profit 32,494 2,142,976
Income from investments 308,702 42,555
341,196 2,185,531
Distribution and selling expenses 27,247 15,497
Administrative expenses 166,752 283,103
Other operating expenses 29,319 421,253
223,318 719,853
117,878 1,465,678
Other income 25,559 93,675
Operating profit before finance costs 143,437 1,559,353

Finance costs 80,666 243,780

Profit before taxation 62,771 1,315,573

Taxation -43,651 348,437

Profit after taxation 106,422 967,136

2015 2016
Debt Ratio 24.88% 38.76%
Total Long-Term Liabilities+Shareholders Equity 4337300.00 6356558.00
Total Liabilities 1,341,960 3,676,478
Debt-Equity Ratio 33.13% 63.30%
Capitalization Ratio 30.94% 57.84%
Times Interest Earned 1.78 6.40
Gross Profit Margin 1.55% 28.91%
Net Profit Margin 5.06% 13.05%
Return on Assets 1.97% 10.20%
Return on Equity 2.63% 16.65%
Total Assets Turnover 0.39 0.78
roducts LTD.

2017 2018 2019 2015 2016 2017

940,606 1,039,047 2,493,745 ### 105% 120%

977 151 484 ### 37% 10%
15,314 13,076 21,482 ### 83% 66%
4,204,446 4,538,346 2,264,834 ### 130% 138%
188,650 217,233 233,267 ### 729% 779%
0 30,081 292,131 ### 0% 0%
5,349,993 5,837,934 5,305,943 ### 127% 137%

163,185 168,973 185,784 ### 167% 244%

2,686,682 1,542,650 821,369 ### 500% 593%
663,671 106,886 96,432 ### 367% 755%
378,023 274,713 122,685 ### 223% 2116%
14,675 25,579 50,292 ### 145% 129%
514,984 448,371 166,735 ### 101% 133%
1,480 26,506 29 ### 0% 100%
1,745,625 553,446 249,427 ### 392% 871%
632,799 960,505 1,260,531 ### 251% 300%
28,471 133,452 27,805 ### 148% 67%
6,829,595 4,241,081 2,981,089 ### 306% 462%

12,179,588 10,079,015 8,287,032 ### 176% 226%

776,325 776,325 776,325 100% 125% 125%

 1,033,823 1,028,282 1,020,908 100% 343% 346%
5,009,569 4,919,160 3,596,830 100% 128% 160%
6,819,717 6,723,767 5,394,063 100% 143% 168%

322,481 226,746 177,152 100% 165% 135%

63,606 127,419 103,042 100% 166% 137%
7,471 8,107 6,866 100% 698% 568%
232,847 0 100,546 0% 100% 341%
626,405 362,272 387,606 100% 192% 219%

1,863,813 1,349,139 691,923 100% 133% 292%

116,449 0 0 0% 0% 100%
21,628 21,520 26,525 0% 0% 100%
27,892 16,144 41,617 100% 180% 239%
2,517,336 1,458,195 1,577,196 100% 690% 834%
140,500 96,544 110,394 100% 198% 255%
41,700 46,010 51,254 100% 124% 88%
4,148 5,424 6,454 100% 245% 223%
4,733,466 2,992,976 2,505,363 100% 296% 448%

12,179,588 10,079,015 8,287,032 100% 176% 226%

11,715,194 8,086,346 4,473,618 100% 353% 557%

1,506,550 1,042,559 407,103 0% 0% 100%
10,208,644 7,043,787 4,066,515 0% 0% 100%
8,349,794 6,232,466 3,846,126 100% 255% 404%
1,858,850 811,321 220,389 100% 6595% 5721%
246,889 495,508 191,563 100% 14% 80%
2,105,739 1,306,829 411,952 100% 641% 617%
31,024 17,852 14,785 100% 57% 114%
286,750 173,036 188,325 100% 170% 172%
410,821 84,890 28,646 100% 1437% 1401%
728,595 275,778 231,756 100% 322% 326%
1,377,144 1,031,051 180,196 100% 1243% 1168%
201,832 171,671 88,981 100% 367% 790%
1,578,976 1,202,722 269,177 100% 1087% 1101%

187,273 231,319 244,282 100% 302% 232%

1,391,703 971,403 24,895 100% 2096% 2217%
 379,268 219,653 -118,581 100% -798% -869%
1,012,435 751,750 143,476 100% 909% 951%

2017 2018 2019 2015 2016 2017

940,606 1,039,047 2,493,745 14% 9% 8%

977 151 484 0% 0% 0%
15,314 13,076 21,482 0% 0% 0%
4,204,446 4,538,346 2,264,834 56% 41% 35%
188,650 217,233 233,267 0% 2% 2%
0 30,081 292,131 6% 0% 0%
5,349,993 5,837,934 5,305,943 73% 52% 44%

163,185 168,973 185,784 1% 1% 1%

2,686,682 1,542,650 821,369 8% 24% 22%
663,671 106,886 96,432 2% 3% 5%
378,023 274,713 122,685 0% 0% 3%
14,675 25,579 50,292 0% 0% 0%
514,984 448,371 166,735 7% 4% 4%
1,480 26,506 29 0% 0% 0%
1,745,625 553,446 249,427 4% 8% 14%
632,799 960,505 1,260,531 4% 6% 5%
28,471 133,452 27,805 1% 1% 0%
6,829,595 4,241,081 2,981,089 27% 48% 56%

12,179,588 10,079,015 8,287,032 100% 100% 100%

776,325 776,325 776,325 12% 8% 6%

1,033,823 1,028,282 1,020,908 6% 11% 8%
5,009,569 4,919,160 3,596,830 58% 42% 41%
6,819,717 6,723,767 5,394,063 75% 61% 56%
0%
0%
0%
322,481 226,746 177,152 4% 4% 3%
 63,606 127,419 103,042 1% 1% 1%
7,471 8,107 6,866 0% 0% 0%
232,847 0 100,546 0% 1% 2%
626,405 362,272 387,606 5% 6% 5%
0%
1,863,813 1,349,139 691,923 12% 9% 15%
116,449 0 0 0% 0% 1%
21,628 21,520 26,525 0% 0% 0%
27,892 16,144 41,617 0% 0% 0%
2,517,336 1,458,195 1,577,196 6% 22% 21%
140,500 96,544 110,394 1% 1% 1%
41,700 46,010 51,254 1% 1% 0%
4,148 5,424 6,454 0% 0% 0%
4,733,466 2,992,976 2,505,363 20% 33% 39%
0%
12,179,588 10,079,015 8,287,032 100% 100% 100%

11,715,194 8,086,346 4,473,618 1975% 766% 1157%

1,506,550 1,042,559 407,103 0% 0% 149%
10,208,644 7,043,787 4,066,515 0% 0% 1008%
8,349,794 6,232,466 3,846,126 1944% 545% 825%
1,858,850 811,321 220,389 31% 222% 184%
246,889 495,508 191,563 290% 4% 24%
2,105,739 1,306,829 411,952 321% 226% 208%
31,024 17,852 14,785 26% 2% 3%
286,750 173,036 188,325 157% 29% 28%
410,821 84,890 28,646 28% 44% 41%
728,595 275,778 231,756 210% 74% 72%
1,377,144 1,031,051 180,196 111% 152% 136%
201,832 171,671 88,981 24% 10% 20%
1,578,976 1,202,722 269,177 135% 161% 156%
0% 0% 0%
187,273 231,319 244,282 76% 25% 18%
1,391,703 971,403 24,895 59% 136% 137%
0% 0% 0%
379,268 219,653 -118,581 -41% 36% 37%
1,012,435 751,750 143,476 100% 100% 100%

2017 2018 2019

44.01% 33.29% 34.91%
7446122.00 7086039.00 5781669.00
5,359,871 3,355,248 2,892,969
78.59% 49.90% 53.63%
71.98% 47.35% 50.04%
8.43 5.20 1.10
15.87% 10.03% 4.93%
8.64% 9.30% 3.21%
8.31% 7.46% 1.73%
14.85% 11.18% 2.66%
0.96 0.80 0.54
 2018 2019

133% 319%
2% 5%
56% 92%
149% 75%
897% 963%
79% 768%
149% 136%

253% 278%
340% 181%
122% 110%
1538% 687%
224% 441%
116% 43%
1791% 2%
276% 125%
456% 598%
314% 65%
287% 202%

187% 154%

125% 125%
344% 341%
157% 115%
166% 133%

95% 74%
275% 222%
617% 522%
0% 147%
126% 135%

212% 109%
0% 0%
100% 123%
138% 356%
483% 523%
175% 200%
97% 108%
292% 347%
284% 237%

187% 154%

385% 213%
69% 27%
69% 40%
301% 186%
2497% 678%
161% 62%
383% 121%
66% 54%
104% 113%
290% 98%
123% 104%
875% 153%
672% 348%
839% 188%

287% 303%
1548% 40%
-503% 272%
706% 135%

2018 2019

10% 30%
0% 0%
0% 0%
45% 27%
2% 3%
0% 4%
58% 64%

2% 2%
15% 10%
1% 1%
3% 1%
0% 1%
4% 2%
0% 0%
5% 3%
10% 15%
1% 0%
42% 36%

100% 100%

8% 9%
10% 12%
49% 43%
67% 65%
0% 0%
0% 0%
0% 0%
2% 2%
 1% 1%
0% 0%
0% 1%
4% 5%
0% 0%
13% 8%
0% 0%
0% 0%
0% 1%
14% 19%
1% 1%
0% 1%
0% 0%
30% 30%
0% 0%
100% 100%

1076% 3118%
139% 284%
937% 2834%
829% 2681%
108% 154%
66% 134%
174% 287%
2% 10%
23% 131%
11% 20%
37% 162%
137% 126%
23% 62%
160% 188%
0% 0%
31% 170%
129% 17%
0% 0%
29% -83%
100% 100%