Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 552 views

    Reckitt Benckiser Bangladesh Annual Report 2009

    Uploaded by

    dbjht
    1) This document contains the balance sheet, profit and loss account, cash flow statement, and statement of changes in equity for a company as of December 31, 2009. 2) As of December 31, 2009 the company had total assets of 321.6 million Taka including fixed assets of 122.5 million Taka and current assets of 576 million Taka. Total equity was 290.1 million Taka including share capital of 47.25 million Taka. 3) For the year ended December 31, 2009 the company earned a profit after tax of 198 million Taka on net sales of 1,884.6 million Taka.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Reckitt Benckiser Bangladesh Annual Report 2009

    Uploaded by

    dbjht
    552 views4 pages
    1) This document contains the balance sheet, profit and loss account, cash flow statement, and statement of changes in equity for a company as of December 31, 2009. 2) As of December 31, 2009 the company had total assets of 321.6 million Taka including fixed assets of 122.5 million Taka and current assets of 576 million Taka. Total equity was 290.1 million Taka including share capital of 47.25 million Taka. 3) For the year ended December 31, 2009 the company earned a profit after tax of 198 million Taka on net sales of 1,884.6 million Taka.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1) This document contains the balance sheet, profit and loss account, cash flow statement, and statement of changes in equity for a company as of December 31, 2009. 2) As of December 31, 2009 the company had total assets of 321.6 million Taka including fixed assets of 122.5 million Taka and current assets of 576 million Taka. Total equity was 290.1 million Taka including share capital of 47.25 million Taka. 3) For the year ended December 31, 2009 the company earned a profit after tax of 198 million Taka on net sales of 1,884.6 million Taka.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    552 views4 pages

    Reckitt Benckiser Bangladesh Annual Report 2009

    Uploaded by

    dbjht
    1) This document contains the balance sheet, profit and loss account, cash flow statement, and statement of changes in equity for a company as of December 31, 2009. 2) As of December 31, 2009 the company had total assets of 321.6 million Taka including fixed assets of 122.5 million Taka and current assets of 576 million Taka. Total equity was 290.1 million Taka including share capital of 47.25 million Taka. 3) For the year ended December 31, 2009 the company earned a profit after tax of 198 million Taka on net sales of 1,884.6 million Taka.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    BALANCE SHEET AS AT 31 DECEMBER 2009

    At 31 December

    2009 2008
    Note Taka Taka
    APPLICATIONS OF FUNDS

    TANGIBLE FIXED ASSETS 2.2 & 3.1 122,498,376 105,602,569


    CAPITAL WORK IN PROGRESS 3.1 7,241,210 29,315,809
    DEFERRED TAX ASSETS 4 6,862,000 4,731,000
    LONG TERM DEPOSITS AND PREPAYMENTS 5 15,632,343 16,428,766
    LONG TERM LOANS AND ADVANCES 6 2,175,665 4,998,794
    CURRENT ASSETS
    Inventories 2.5 & 7 240,509,838 147,441,749
    Short term prepayments 8 24,687,563 13,483,950
    Short term loans, advances and other receivables 9.1 3,988,633 5,191,584
    Accrued interest on bank deposits 1,416,667 13,485,319
    Cash and cash equivalents 10 305,408,324 717,241,748
    576,011,025 896,844,350
    CURRENT LIABILITIES AND PROVISIONS
    Creditors and accruals 11 364,981,036 539,187,939
    Provision for taxation 2.6 & 23.1 42,483,754 57,529,429
    Unclaimed dividend 12.2 1,318,611 875,740
    408,783,401 597,593,108
    NET CURRENT ASSETS 167,227,624 299,251,242
    TOTAL ASSETS LESS CURRENT LIABILITIES 321,637,218 460,328,180
    PROVISION FOR EMPLOYEES' GRATUITY 2.7 & 13 (31,584,015) (23,433,989)

    NET ASSETS 290,053,203 436,894,191

    SOURCES OF FUNDS
    Share capital 14 47,250,000 47,250,000
    Reserves 15 109,172,185 109,172,185
    Un-appropriated profit 133,631,018 280,472,006
    SHAREHOLDERS' FUNDS 290,053,203 436,894,191

    CONTINGENT LIABILITIES AND COMMITMENTS 16 63,645,582 99,291,494

    The accompanying notes form an integral part of the financial statements.

    Lutful Huda Chowdhury Jnanendra N. Biswas Wahed Aziz-Ur-Rahman (A. Qasem & Co.)
    Managing Director Director Finance Director & Chartered Accountants
    Company Secretary

    Dhaka
    Dated: 25 April 2010

    12 Annual Report 2009


    PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2009

    Year to 31 December

    2009 2008
    Note Taka Taka

    Net turnover 18 1,884,621,742 1,746,267,981


    Cost of turnover 19 (1,057,516,657) (1,037,206,570)
    Gross profit 827,105,085 709,061,411
    Operating expenses:
    Administrative expenses 20 (81,914,962) (72,940,770)
    Marketing expenses 18.2 (337,830,989) (251,075,461)
    Selling & distribution expenses 21 (102,103,852) (89,710,035)
    (521,849,803) (413,726,266)
    Operating profit 305,255,282 295,335,145
    Other operating charges-technical services fee 11.4 (64,461,142) (87,313,399)
    Profit before other income 240,794,140 208,021,746
    Other income/ (expenses) 22 (463,002) 5,513,409
    Interest income 53,196,172 56,430,511
    Profit before Contribution to Workers' profit participation fund 293,527,310 269,965,666
    Contribution to Workers' profit participation fund (14,676,366) (13,498,283)
    Profit before taxation 278,850,944 256,467,383
    Taxation 23 (80,878,000) (90,845,373)
    Profit after taxation 197,972,944 165,622,010

    Basic Earnings per share (EPS) 24 41.90 35.05

    The accompanying notes form an integral part of the financial statements.

    Lutful Huda Chowdhury Jnanendra N. Biswas Wahed Aziz-Ur-Rahman (A. Qasem & Co.)
    Managing Director Director Finance Director & Chartered Accountants
    Company Secretary

    Dhaka
    Dated: 25 April 2010

    Annual Report 2009 13


    CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2009

    Year to 31 December
    2009 2008
    Note Taka Taka

    CASH FLOWS FROM OPERATING ACTIVITIES


    Cash receipts from customers 2,078,945,479 1,930,139,531
    Cash paid to suppliers and employees (2,085,929,193) (1,586,079,604)
    Cash generated from operations (6,983,714) 344,059,927
    Income taxes paid 23.1 (98,054,675) (79,409,223)
    Net cash flows from / (used) in operating activities (105,038,389) 264,650,704

    CASH FLOWS FROM INVESTING ACTIVITIES


    Purchase of fixed assets (27,178,987) (45,983,710)
    Proceeds from sale of fixed assets 3.5 44,000 1,021,500
    Interest received 65,264,824 51,602,850
    Net cash flows from investing activities 38,129,837 6,640,640

    CASH FLOWS FROM FINANCING ACTIVITIES


    Dividend paid 12.1 (344,924,872) (104,004,471)
    Net cash used in financing activities (344,924,872) (104,004,471)

    Net increase in cash and cash equivalents (411,833,424) 167,286,873


    Cash and cash equivalents at beginning of year 10 717,241,748 549,954,875
    Cash and cash equivalents at end of year 10 305,408,324 717,241,748

    The accompanying notes form an integral part of the financial statements.

    Lutful Huda Chowdhury Jnanendra N. Biswas Wahed Aziz-Ur-Rahman (A. Qasem & Co.)
    Managing Director Director Finance Director & Chartered Accountants
    Company Secretary

    Dhaka
    Dated: 25 April 2010

    14 Annual Report 2009


    STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2009

    Share Capital General Unappropriated Total


    Capital Reserve Reserve Profit Equity
    Taka Taka Taka Taka Taka

    Balance as on 31 December 2007 47,250,000 272,185 108,900,000 218,726,097 375,148,282

    Dividend for the year ended 31 December 2007 - - - (103,950,000) (103,950,000)

    Profit for the year ended 31 December 2008 - - - 165,622,010 165,622,010

    Annual Report 2009


    Unclaimed Dividend write back for the year 2003 as
    per section 160 of Articles of Association - - - 73,899 73,899

    Balance as on 31 December 2008 47,250,000 272,185 108,900,000 280,472,006 436,894,191

    Dividend for the year ended 31 December 2008 - - - (108,675,000) (108,675,000)


    Unclaimed Dividend write back for the year 2004 as
    per section 160 of Articles of Association - - - 111,068 111,068

    Profit for the year ended 31 December 2009 - - - 197,972,944 197,972,944

    Balance before payout for the year 2009 47,250,000 272,185 108,900,000 369,881,018 526,303,203

    Interim Dividend for the year ended 31 December 2009 - - - (236,250,000) (236,250,000)

    Balance as on 31 December 2009 47,250,000 272,185 108,900,000 133,631,018 290,053,203

    The accompanying notes form an integral part of the financial statements.

    Lutful Huda Chowdhury Jnanendra N. Biswas Wahed Aziz-Ur-Rahman (A. Qasem & Co.)
    Managing Director Director Finance Director & Chartered Accountants
    Company Secretary
    Dhaka
    Dated: 25 April 2010

    15

    You might also like