LIN-AUDITED & PROVISIONAL
FINANCIAL STATEMENT
For the 3rd quarter ended 31 March-2}I5
of
ALHAJ TEXTILE MILLS LIMITED
ALHAJ TEXTILE MILLS LIMITED
Statement of financial position (Un-Audited)
For the 3"d Ouarter ended 3l March 2015
PARTICULARS
Assets
Notes
31 March 2015
Amount in Taka
30 June 2014
Amount in Taka
& pronerties:
Non-current assets:
Net tangible fixed assets
(at cost less accumulated depreciation)
Investment (at cost)
Sch-A/l
25
Deferred expenses
124,128,516
5,000,841
135,253,548
5,000,941
2,646,933
Total non current assets (A)
Current assets:
131,776,190
140254,389
104,829,429
Inventories
26
154,505,883
Debtors
27
28
29
30
1,888,493
1,ggg,4g3
63,119,557
142,539,581
60,894,994
171,916,290
6.428.401
Advance, deposit and prepayments
Investment in FDR
Cash and cash equivalents
Total current assets (B) =
Total assets & properties C=
g,33g,go1
370,392,415
(A+B)
502,168,605
345,957,606
486211,995
Equitv & liabilities
Shareholders' equity:
Share capital
Reserve and surplus
Tax holiday reserve
152,302,100
19,489,721
Retained earnings/(loss)-as per profit
Total shareholders' equity :(D)
Non-current liabilities
&
loss
126,918,420
20,931,161
10,747,334
10,747,334
18.495.684
201,034,839
30,233,454
188,830J69
31
139,123,633
14,849,910
153,973,543
139,123,633
14,849,910
153,973,543
348,575
349,433
32
33
2,519,822
2,519,822
100,729,173
102,520,390
AiC
:
Long term loan
Deferred tax (liabilities)
Total non current liabilities =(E)
Current liabilities and provisions:
Advance against sales
Security and other deposits
Other current liabilities
Current tax liability
Provision for other liabilities and
Provision for taxes
Bank
charses
overdraft
Workers' profit participation fund
Total current liabilities (F):
Total liabilities G:(E+F)
Total capital & liabilit*r 11:(D+G)
Net assets value per share (NAVPS)
Number of shares used
34
35
36
1,683,911
1,683,91I
4,659,721
14,324,429
18,772,080
4,579,019
4,123,512
147,160,223
9,703,202
19,772,090
3,282,227
143,409,093
297,391,626
4g6,2ll,gg5
13.20
14.88
t5,230210
12,691,842
w=-
Chairman
ALHAJ TEXTILE MILLS LIMITED
Comprehensive Income Statement (Un-Audited)
For the 3d Quarter ended 31 March 2015
Note 9months
PARTICULARS
|uly,ltt-Marc[15 laly,7TMarch,14
Amount in Taka Amount in Taka
Revenue (Turnover)
Cost of Sales
Selling & Dishibution Expenser
3'd quarter
January,'l5-March,'l5
January,14-March,14
Amount in Taka
Amount in Taka
222,080,079
65,703,351
91,218,911
(132,366,548)
(191,737,530)
(58,123,782)
(80,346,099)
20,585,687
30,348,549
7,579,569
10,872,812
38
(12,514,158)
(13,438,884)
(3,850,320)
(4,522,'t65)
39
(698,423)
(579,440)
(332,800)
(217,497)
113,2',12,58',11
(14,018,3241
(4,183,1201
(4,733,662)
7,373,106
16,330,225
3,396,449
6,139,150
7,373,106
16,330,225
3,396,449
6,139,150
45,'1,67
240,208
g,gg2,3og
4,174,774
2,834,738
1,222,950
116,400
1,000
1,250,000
L,250,000
10,293,876
5,665,982
2,949,738
1,222,950
17,666,982
21,996,207
6,346,187
7,362,100
37
Operating Expenses:
Administrative Expenses
3'd quarter
152,952,235
Gross Profit
Total Operating Expenses
Operating Profit
Financial Expenses
9months
:
Interest on C.C loan
Interest on long term loan
Net Operating Profit
Bank Interest Received on STD
A/C
Interest received on investment in FDR
Other Income
Dividend Received from CDBL
Net profit before Tax & WPPF
Less:Workers Profit Participation Fund
@ 5%
Net profit before Tax
Provision for Income Tax
(841,285)
16,825,697
(4,627,2_27)
Add. Deferred tax
a)
Net Profit After Tax
b)
Earning per Share(Per value Taka 10 )(EPS)
c)
Number of Shares used
('1,,047,439)
20,948,768
(3,742,315)
1
15,000
(302,200)
6,043,987
(1,351,539)
(350,576)
7,011,524
(1,051,7
_29)
1.,203,333
12,204,470
19,009,796
4,692,U8
5,959,796
0.80
1.25
0.31
0.39
15,230,210
15,230,210
15,230,210
15,230,210
Chairman
ALHAJ TEXTILE MILLS LIMITED
Statement of Chanses in Eouitu fun-Audited)
For the 3'd Ouarter ended 31 March 2015
Particulars
30 June 2014
Net Profit after Tax of 3 1-03-201
Share
Tax Holidav
Caoital
Reserve
Amount lTk.l
Amount lTk l
126,918,420
10,747,334
&
Reserves
Surplus
Amount
lTkl
20,931,161
5
Dep.on Revaluation of fixed asset
(1,441,440)
Bonus share 20Yo of share capital
152,302,100
Earninss
Total
ITkl
Amount lTk.l
30,233,454
188,830,369
12,204,470
12,204,470
Amount
1,441,440
(25,383,680)
2s.383.680
3l March 2015
Retained
10,747334
19,489,721
18.495.684
201.034.839
Statement of Changes in Equity (Un-Audited)
For the
Particulars
30 June 2013
3"d
Ouarter ended 3l March 2014
&
Share
Tax Holidav
Capital
Reserve
Surplus
Earninss
Amount lTk.l
Amount lTk.l
Amount lTk l
Amount lTk.l
101,534,740
10,747,334
25,583,890
30,007,953
167,973,917
19,009,796
19,009,786
604
604
312,936
312,936
Reserves
Net Profit after Tax of 3l-03-2014
Retained
Total
Amount
lTkl
Previous year's adjustment for:
Mill telephone bill
Foreign currency exchange against
export sale
Dep. On Revaluation of fixed asset
Bonus share25%o of share capital
3l March
2014
(1,634,246)
(2s.383.680)
25.383.680
126,919.420
1,634,246
10,747,334
23.949.644
25.581.745
Chairman
187,197,143
ALHAJ TEXTILE MILLS LIMITED
Cash flow statement fUn-Audited)
For the 3'd Ouarter ended 3l March 2015
PARTICULARS
31 March 2015
31 March 2014
Amount in Taka
Amount in Taka
153,905,036
223,951,771
(196,593,596)
(175,536,731\
CASH FLOW FROM OPERATING ACTIVITIES:
Collections from turnover & others
Payment for cost and expenses
Advance income tax
otal cashflow from o
activities A
CASH FLOW FROM INVESTING ACTIVITIES:
Interest received
4,4l4,ggl
8,927,476
Acquisition of fixed assets
Investment in non-current assets (FDRs)
Encashment of non-current assets (FDRs)
(1,248,259)
(455,810)
(31,747,000)
(69,105,961)
68,720,949
20,283,562
Dividend received from CDBL
Total cash flow from investinq activities B
CASH FLOW FROM FINANCING ACTIVITIES:
Long term loan (repaid) / increase
Bank overdraft (repaid)/increase
Cash loan
Total cash flow from financins activities C
Net cash inflow/(outflow) for the
: (A+
l8
1.91
9,021,591
I
Net operating cash flow Der share
Number of shares used
3.76
15,230,210
12,691,942
t\[
l\\^/L
Chairman
Explanatorv Notes:
I
2
3
4
These financial statements have been prepared under the historical cost convention and going concem basis.
3l March 2015.
No interim dividend paid during the interim period ended on
Last years 3'd quarterly's figures were rearranged where considered necessary to conform to current 3'd quarterly's
presentation.
Figures appearing in the financial statements have been rounded offto the nearest Taka.
Note: The details with selected notes of the published 3rd quarterly's financial statements can be available in the website of the Company www.alhajtextilemills.com
SELECTIVE NOTES TO THE FINANCIAL STATEMENTS FOR THE 3RD OUARTER ENDED ON 31.03.15
Note
No
I
General information
Alhaj Textile Mills Ltd. owns and operates a cotton yam manufacturing plant and manufacture, distribute and sale its
product (yarn), in local and foreign markets.
It is a 'company' incorporated on March 3'd. 1961 under the Companies Act, l9l3 (subsequently amended in 1994)
as a private
limited company and subsequently it was converted as a public limited company by share on October 7th
1967. Its shares are listed in the Dhaka Stock Exchange Limited.
Its registered office and principal place of business is situated at 66, Dilkusha Commercial Area, Dhaka-I000. The
factory is located at Ishurdi, Pabna, Bangladesh.
Going Concern:
The Financial Statements of the Company have been prepared on the basis of a going concem concept.
These Interim Financial Statements were approved for issue on
,,
April 29, 2015.
Basis of nreparation
These condensed Interim Financial Statements for the 3rd quarter ended 3l March 2015 have been prepared in
accordance with BAS 34, 'lnterim Financial Reporting'. The condensed interim financial statements should be read in
conjunction with the annual financial statements for the year ended 30 June 2014, which have been prepared in
accordance with BFRS.
3
Accountins policies
The accounting policies adopted are consistent with those of the previous financial year except as described below.
Taxes on income in the interim periods are accrued using the tax rate that would be applicable to expected total
annual earnings.
4
Measurement basis used in preparing the Financial Statements:
Amounts in Financial Statements (except Fixed Assets) have been measured on "Historical Cost" basis, which are the
most commonly adopted basis as provided in " The Framework for the preparation and presentation of financial
statements" issued by the International Accounting Standards committee (IASC-l)
5
Estimates
Risk and Uncertainties for use of Estimates in Prenaration of Financial Statements:
The Preparation of financial statements in conformity with the Bangladesh Accounting Standards (BAS) requires
managements to make estimates and assumptions for disclosure of provisions etc. at the date of the financial
statements and revenues and expense during the period under report.Actual results may differ from those estimates.
6
Materialitv and Aggresation
:
Each material item has been presented separately in company's financial statements. Immaterial amounts have been
aggregated with the amounts of similar nature of function.
As on
31 March,2015
Particulars
7
Net Tangible Fixed Assets (at cost less accumulated depreciation)
As on
30 June, 2014
124,128,516
135,253,548
5,000,841
5,000,841
Fixed assets have been shown at cost including revaluation less accumulated
depreciation in accordance with 845-16. Land & Land Development,
Building & Other Construction , Plant & Machinery of earlier Unit No. 1
were revalued in the year 1988.
Total land owned by Company is 57.42 acres. Title deed of land for 50.41
acres has been lying with the Agrani Bank Ltd., Ishurdi Br., and Title deed
for 7.01 acres purchased at Valuka under Jamirdia Mauja of Mymensingh
District are with the company.
During the period, fixed assets have been increased by Tk.1,248,259 .00 for
Purchase of Air Compressure Machine,Mobile Set Wooden chowki , Books
qnA (-raoltoriac
8
anrl nrrlloriaa
orn
Investments in Shares (at cost):
During the period, investment in shares remained same as before.
9
Deferred Expenses:-
2,646,833
Deferred Expenses is existing in relation to major replacement of 4 Nos
Compressure Machine for Tk.112,530 And Top Overhaulming of Gas
Generator. For Tk.2,534,303 This amount has been taken into deferred for
three years and two and half years respectively.As per certification given by
the Technical expert by the Mill.
10
Current Assets
Inventories IBAS-2]
Debtors
Advance, deposit and prepayments
Investment in FDR
Cash and cash equivalents (excluding bank overdrafts)
154,505,993
104,829,428
1,ggg,4g3
1,888,493
63,119,557
60,894,994
142,539,581
171,916,290
8.338.901
6.428.40r
370.392.4r5
34s.9s7.606
The growth of current assets compared to previous year has been increased
by 7 .06% due to mix of increase and decrease effect off.
Decrease
Inventories
Advance,deposit and
Investment in
Cash and cash
ll
prepayment
FDR
equivalent
Increase
47.39%
3.650/o
17.09o/o
29.72%
Current Liabilities and Provisions
Advance against sales
Security and other deposits
Other current liabilities
Current tax liability
349,575
349,433
2,519,922
2,579,922
100,729,173
102,520,390
l,6g3,g1l
1,683,911
4,659,721
4,579,019
Provisions for other liabilities and charees
Provision for Taxes
14,324,429
9,703,202
Bank overdraft
18,772,090
18,772,090
4.t23.512
3.282.227
147.160.223
143.408.083
Worker's profit participation fund
6
Current Liabilities and Provisions compared to previous year has been
increased by 2.62%.Details of the same are as follows:-
Decrease
Provision for other liabilities and charges
Other cunent liabilities
1.75%
Provision for Taxes
Worker's profit participation fund
t2
Increase
1.76%
47.63%
25.63%
Non-current Liabilities
Long term loan
139,123,633
Deferred Tax assets/(liabilities)
139,123,633
14.849.910
14.849.910
153.973.543
153.973.543
Long term loan has not been paid by the Company. As the company has already filed Writ Petition No.5 129 of 2009,
claiming interest on Special Fund created by the mill against the bank with Honorable High Court. The Honorable
High Court passed judgement on 15.02.201I directing the Agrani Bank Ltd. to pay company's deposit in Special Fund
together with interest at prachalita hare on such deposit. In this context Agrani Bank Ltd. has filed an appeal against
the order to the Honorable Supreme Court.Appellate Division.
The Honorable Appellate Division Passed Judgement on 20.01.2014 that'In the instant case the interest to be
calculated on long term FDR. The Leave-petitioner is,therefore, directed to pay interest on the FDR as per the rate ol
interest applicable to long term FDR within l(one) month of the availability of the certified copy of this order.
Thereafter, passing the stipulated period, we filed an application for issuence of Supplimentary Rule. After hearing
the same the Honorable High Court Division fixed the original application for hearing and now the matter awaiting
for final hearins.
l3
Shareholders' Equitv
Ordinary share capital
A)
Reserve and surplus
Tax holiday reserve
Retained earnings
B)
152,302,100
126,918,420
lg,4gg,72l
20,931,161
10,747,334
10,747,334
18.495.684
30.233.454
201.034.839
188.830.369
The growth rate of shareholders equity considered as follows:
A) Reserve and surplus:
Opening balance
Less.Dep.during the period
20,931,161
(.1.441.440\
'1914891721
B) Retained earninss:
Opening balance
Add.Profit (July,l4 to March,l5)
Depreciation of revaluation of fixed asset
Issue of Bonus Share 20% (20 13-20 | 4)
30,233,454
12,204,470
1,441,440
(25.383.680.)
18.495.684
Retained earnings
Retained earnings recorded atTk.12,204,470 during 3rd period ending March 31,2015. as against Tk. 19,009,786
March,3 | 2014. Which have been decreased bv 35.80%
on
Particulars
t4
Turnover
AS on
AS on
3l March 2015
31 March 2014
152,952,235
222,080,079
132,366,548
191,731,530
10,293,876
5,665,982
Depreciation on revalued fixed asset of the same period of last year
(Tk.l,634,246), year to date 3l March 20l5,depreciation has decreased by
l 1.80%
1,441,440
1,634,246
Provision on income Tax
4,621,227
3,142,315
Compared to tumover of the same period of last year (Tk.222,080,079),yearto-date 3l March 2015,tumover has decreased by 31.13%.
15
Cost of Sales
Compared to cost of Sales of the same period of last year (Tk l9l,73l ,530),
year-to-date 3 I March, 20 I 5 cost of Sales has decrease d by 30.96%.
l6 Financial
Expense
No financial expense is charged during 3rd quarter ended 3l March 2015
of current year on existing bank overdraft of Tk. 18,772,079.78. This has
happened due to pending legal action continuing against Agrani Bank
Ltd.referred under Note No I I above.
t7
Non-operating lncome
Compared
to
non-operating income
5,665,982), year-to-date
8t.68%.
18
l9
3l
of the same period of last year (Tl
March 2015 non-operating Income has increased b1
Depreciation on revalued fixed asset.
Income Tax expense is recognized based upon 15% during the period on
operating income ,37 .50oA on interest of FDR and STD A/C , other income
and20o/o on Dividend income upto 3l March 2015. This provision may be re
calculated latter on in the lisht of actualto be required.
20
Seasonal or cyclical variations in total sales
in industries where significant seasonal or cyclica
variations in total sales are not exDerienced durine the reporting period.
The company operates
2l
Seqment reportins
The company has no reportable segments as per requirement of BAS-14.
22
Events after the Balance Sheet Date
There is no significant event to the end of the interim period that has to
reflected in the financial statements for the interim period.
23
be
Related partv transaction
The company is not connected to any related party as such no related partl
transaction iq involved
24
Continsent Liabilities
a)
Contingent liability is existing in relation to interest on unsettled Long Term
Loan and Bank Overdraft under writ petition No. 5129 I 2009 as referred
under Note No. I I above.The amount has not been quantified as company's
claim is much higher than the liabilities.
b)
Contingent liability for
Tk
1,72,58,235.00 is existing in relation to incorrecl
claim of VAT on purchase of Raw Cotton during November 2010 to June
2012 by National Board of Revenue against which a Writ pettition No. 7764
of 2013 is loudged by the company.
25.00
Investment
:
Investment in share of AJML
lnvestment in share of CDBL -equity
Investment in share of CDBL -bonus share
Total
Inventories
:
Raw Cotton
Raw Cotton in Transit
Work in Process
Finished Goods
Stores and Spares
Store in Transit
Stock at Electric Section
Wastage Stock
|
Tk I
3l March 2015
30 June 2014
Amount in
Amount in Tk
841
841
1,000,000
1,000,000
4,000,000
4,000,000
5,000,841
5,000,841
|
Tk I
3l March 2015
30 June 2014
Amount in
Amount in Tk
6,tt3,973
11,847,421
1,730
4,528,383
rr9,925,347
5, I 85,654
61,118,494
18,942,403
2r,687,875
3,s29,8r0
3,529,091
738,336
733,854
1)',' \\1
730,383
Total
27.00 Debtors
104,829,428
:
Trade debtors (export sales):
1,627,379
Accrued income (lnterest in FDR lien with PGCL)
26t.tt4
261.114
18,200
39,000
6,000
Total
28.00 Advance. deposits and prepavment
Advances:
Advance against
Advance against
Advance against
Advance against
salary
&
:
wages
TA/DA
purchase
company income tax
Other advances & prepayment
Advance against supply
25,760
837,828
277,599
47,486
7,956,104
758,902
9,042
10,419,598
8,816,534
153,965
50,761,093
140,225
50,761,093
34,290
4,000
34,290
4,000
g,260,2ll
Deposits:
Custom deposit
Deposit at Agrani bank against BTMC liabilities(Principal)
Bank guarantee of Agrani Bank ltd
Against oxygen cylinder
Against telephone
Against telephone (CDBL)
Security deposits against gas connection.
13,300
13,300
49,600
734,948
49,600
51,751,196
51,737,456
Prepayment:
948.763
Prepaid insurance
948,763
63,119,551
Total
29.00
lnvestment in FDR:
Prime Bank Ltd. (FDR)
Principal
Interest
341.004
341,004
60,994,
31 March 2015
Amount in Taka
30 June 2014
Amount in Taka
21,541,074
20,000,000
2,755,409
22,755,409
Bangladesh Development Bank Ltd. (FDR)
10,000,000
368,675
10,368,675
Sonali Bank Ltd. (FDR)
50,000,000
4,249,542
54,248,542
51,414,406
Eastern Bank Ltd. (FDR)
10,000,000
597,816
10,597,816
36,735,353
1,195,457
1,195,457
21,764,559
20,000,000
Mutual Trust Bank (FDR) lien with PGCL.
|,195,457
Janata Bank
20,000,000
1,164,559
BRAC Bank
21,747,000
462,123
Tota
22,209,123
20,000,000
142.539.581
150.886.290
30.00 Cash & cash equivalents:
31 March 2015
30 June 2014
Amount in Tk
Amount in Tk
Cash in Hand
104,455
2,004,274
3,519
Janata Bank, L/O, Dhaka, STD A/C No-000887
Sonali Bank, Dhaka. CD A/C No-242 (33000969)
Agrani Bank ISD A/C NO. CD-1085
Agrani Bank, Dhaka A/C NO. CD-1532
Janata Bank, Ishurdi -CD-373
Agrani Bank CD A/C No-1773
Agrani Bank STD A/C No-152
Janata Bank CD AIC 33066246
9,218
512,876
3,519
503
503
7,605
1,51 I
7,605
5,685
12,241
782
5,685
12,241
Prime Bank,lBB DilkushaCD AIC 60031045
Prime Bank,lshurdi,Pabna CD A/C 60008502
Eastern Bank Ltd.SDT AlC20314258
5,020,625
5,544,647
Dutch-Bangla Bank Ltd. STD AIC -5122
I,170,985
1,51
I
782
4,ggg
1,818
_qs291_
329,820
6,428,401
31.00 Long term loan fund:
The above balance is made of the followins:
Particulars
Agrani Bank
principal :
Ltd.
Amount in Tk
Amount in Tk
Amount in Tk
Amount in Tli
31 March 2015
3l March
31 March 2015
30 June 2014
Total
Total
2015
Industrial loan.
lst BMRE
Opening balance
Add: Received from Asrani Bank
2nd BMRE
36,340,940
50,471,3_7
|
86,812,311
86,812,311
36,340,940
50,471,371
86,812,311
86,912,311
39,538,958
12,772,364
52,311,322
52,311,322
39,538,958
12,772,364
52,311,322
52,311,322
39,538,958
12,772,364
52,311,322
52,311,322
Less: Payment
Total:
Asrani Bank Ltd. industrial loan-interest
Opening balance
Less: Payment
Add: Provision for interest
Total:
Total long term loan fund
Total:
(A)
63,243,735
Agrani Bank Ltd., Ishurdi Branch, Pabna in its bank account statement has shown the following balances
-
-
as on 30.06.2013. This is same as of previous year ending 30th June 2012.
Agrani Bank Ltd. Industrial loan-principal
:
Principal
Interest
Total
Excess shown by the
bank
(B)
C=(B-A)
lst BMRE
2nd BMRE
Total
30 June, 2013
30 June,2013
30 June, 2013
Amount in Tk
46,002,622
Amount in Tk
50,821,371
77,553.404
23.168.s74
73,989,945
r0,746.210
r23.ss6.026
47.676.128
l0
Amount in Tk
96,823,993
100.72r.978
197,545,971
58,422,338
ffiffit
32.00 Security and other deposites:
Homes Enterprise
Bhai Bhai Traders
Banga Yam Trading
Rubican Insect Control Co.
10,000
5,000
2,500,000
10,000
5,000
2,500,000
4,822
Total
33.00 Other current liabilities
:
Trade creditors
31 March 2015
30 June 2014
Amount in Tk
Amount in Tk
16,445,918
18,459,463
9,710
9,710
243,606
Creditors (staff & officer)
Liabilities for VAT
Un-paid salary & wages
Income tax deduction from parties
Sramik kallan tahabil
Other sundry creditors
Advance received against Legal claim
)
23,430
55,051
<<\ 1A\
r
2,555,745
81,125,002
tJ
-tJJJt
100,729,173 102,520,390
:
3l March
Salary & wages clearing account
Provision for other finance
Total
35.00 Provision for taxes
49,393
81,125,002
Total
34.00 Prov. for other liabilities and charses
335,310
49,393
149,107
59,998
2015
30 June 2014
Amount in Tk
Amount in Tk
2,250,734
2,407,987
2,297,302
2,280,716
4,658,721
4,578,018
2,190,896
2,712,130
2,190,996
2,712,130
4,800,176
:
Provision for accountin g y ear 20 1 I -20 12
Provision for accounting year 2012 -2013
Prov. for accounting year 2013 -2014
Prov. for accounting year 2014 -2015
4,800,176
14,324,429
Total
36.00 Bank overdraft:
Agrani Bank -cash credit (hypothecation) - A/C-60
Agrani Bank - cash credit (pledge) - AIC-07
37,032,249
(l 8,260, I 69)
Total
18,772,080
1l
9,703,202
37,032,249
(I
8,260, 169)
19,772,090
31 March 2015
Amount in Taka
5,185,654
141,145,796
4,571,388
Work in process (opening)
Raw materials consumed
Waste cotton consumption
Work in process (closing)
Wastage recoverable
Stores
&
& allowances
37.01
37.02
spares
37.03
Other factory overhead
Factory salary & allowance
15,799,376
61.rr8.494
10,268,982
25,249,625
3.630.480
201,662,168
35.387.541
237,049,709
119,925,347
Finished
37.01 Factorv wases
14,706,790
9,711,321
22,207,299
191,173,401
Stock of Finished goods (opening)
of
(4,623,729)
(4,351,762)
37.04
Cost of production
Stock
(4,528,383)
(4,579,214)
t@lt@[Fl
Total consumption
Factory wages
31 March 2014
Amount in Taka
6,252,297
145,142,993
4,293,906
& allowances:
Wages and allowances
13,931,149
15.068.106
3,010,677
4,204,723
234,398
918,221
37,839
4,2gg,006
4,307,274
217,578
157,257
76,763
775,641
731,270
_!4J06J2!_ _!sJee376
Bonus
Total
37.02 Store & spares:
Spare parts
Packing materials
Lubricants
Electrical materials
B
uilding maintenances materials
Other maintenances materials
Roof maintenances materials
Bobbin and shuttle exDenses
193,021
787,447
33,214
87,885
Total
425.000
g,7ll,32l
_r0268982
15,583
15,337
3,200,152
3,969,543
3,4og,116
3,966,497
12,511,384
37.03 Other factory overhead:
Carriage inward
Electricity and power
Gas
bill for generator
Depreciation charges
Depreciation charges of rev.of fixed asset
Rent,rate and taxes
Insurances premium
Printing and stationery
Postage & telephone
Gas generator operating expenses
Canteen subsidy
Repairs and maintenance of Boundary Wall
Repairs and maintenance of fire fighting equip.
Repairs and maintenance of machinery (outside parties)
Repairs and maintenance of electric equipment
Raw cotton testing fee
Total
t2
10,600,194
1,441,440
24,000
1,275,733
44,013
1,634,246
14,035
9,163
r,509,607
32,000
71,875
1,326,592
36,000
76,500
1,327,403
61,105
3,000
358,774
400
840
22,207,299
722,402
25,249,625
37.04
31 March 2015
Amount in Taka
3,513,350
PARTICULARS
Salary and allowances
38.00 Administrative expensess:
Salary and allowances
Bonus
Leave pay
Directors remuneration
Chairman's honorarium
Board Meeting Fee
Audit Committee Meeting Fee
Purchase Committee Meeting Fee
Repairs of vehicles
Printing and stationery
63.73s
3,630,480
4,652,949
309,294
4,349,136
494,361
82,099
900,000
405,000
600,000
370,000
430,000
39,877
900,000
405,000
450,000
170,000
440,000
75,256
290,163
6,000
51,730
495,023
62,544
566,946
42,705
331,658
236,430
192,005
Uniform
Medical expenses
Rent, rates and taxes
Travelling and conveyances
Petrol for car
Electricity & power
Depreciation
Telephone, Postage and Courier
Entertainment expenses
Licence renewal fee
Legal fee and charges
lnventory audit fee
Accounts audit fee
Annual subscription
Newspaper and magazine
Bank charges
211,745
189,434
9,000
10,301
365,625
78,581
550,630
49,714
353,634
145,699
124,628
l4l,g l g
553,000
116,958
1,400,500
38,750
25,000
140,370
2,250
26,250
36,832
13r,965
2,350
109,057
5,504
Miscel laneous expenses
Advertisement expenses
66,957
7,160
443,450
42,495
71,550
245,183
66,216
72,900
Annual fee for CDBL
Water and gas supplies expenses
Sanitation expenses
Annual general meeting expenses
Repairs and maint. for outside parties
r,075
650
76,399
6,020
22,500
31,150
112,345
55,860
35,450
361,390
gl,5g7
612,617
9,900
18,000
170,100
30,355
737,083
\) )15
Annual religious festival expenses
r-t-
Car parking expenses
Legal expenses
expenses
Dish line connection exp.
Garage rent
Service charge ofhead office
Other servicing (office equipment)
Celebrating expenses of independent day
Website installation expenses
t r
20,000
9,100
13,500
16,000
_lag4,ls!_
Total
39.00 Selline & distribution expenses:
Salary
Bonus
3,566,745
_3Js2Js0_
Total
VAT
31 March 2014
Amount in Taka
& allowances
315,797
24,672
Delivery & distribution expenses
Sales promotion expenses
322,6:69
Total
l3
166,950
94,755
20,000
5,500
_13,43&gg_
209,286
21,504
35,295
336,675
11.975
_698,A3_
579,440
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