i,/ I I
i
Natio.al Polymer lndustrl€s Llmired statemeni of fi nancial P$ltlon as
at30september 2015 30 sep 2015
Property, plant and €quipment
00oTaka
Properry plant and equipment Total Property, plantand equlpment
1,094,253
lnventories
744,228
784,347
Advance, deposlt and prepavments
303,337
797,452
Accounts recelvables
796,144 712,782
213,183
iotal .urrent arseG
Non
i'd
7,097,229
1,094,253
cash and cash eq!ivalents
Equlty
30rune 2015
1,357,131
192,489 1,388,071
2,457,384
____-LE2t99-
Sharccapital
!44,249
t44,289
Share Premium
134,000
134,000
Generalreserv€ R€€luation reserve
t77,978 496,26!
161,709
945,528
936,259
liabilltl.s
496,261
Curent lirbllltles Long
term loan non current maturity
Finance Leare Obligation non
cu(ent matlrity
28&36E 1,441 289,809
Defeiied tax liability
lotal
non
79,485
369,294
curent li.billtles
Short te.m loan Lory term lo€n curre.t matudty Finance Lease obligation curr€nt maturity
lotal Curent llabiliti.3 Iotal equity and liabilities
\
,iq\ tif.iv
79,445
2\5.24s
1,232,759
4d805
62,474
1,135553 2,45!,385
L.A-e--rJW c",* ;;;;I;;;'
1,447 135,800
1,062,660
1,779 24,354
Accounts Payable Creditors for expensesand accrua s
134,359
1,5-t2
?6,206 4,941 7,427;/s6 2,479,100
National Polymer lndustries Limited staternent of comprehensive lncome forthe period ended 30 September2015 30 Sep 2015
30 sep 2014
000Taka
00oTaka
profit
72,525
Operating expenses
{30,863)
395,453 (323,916) 71,531 (31,043)
41,662
40,494
355,499 1282,914\
Cost ofsales Gross
Profit from operations Other income
2,456
2,540
129,'l4t)
128,478)
Profit before WPPF and taxation Provision for WPPF Profit before taxaiion
14,377 (68s)
14,516
Taxation Net profit for the year
(3,423) 10,269
17261
13,190
\3,192) 9,998
Other compreh€nsive incomei Aciuarial loss on defined benefit plan
othercomprehensive income/{loss}fortheyear 70,269
Tota I com prehensiv€ incomefor the year
Earnings per share: Basic earnings pershare (parvalueTk 10)in iaka
1:
'A s.-:?
Chairman
Managing Director
0.69
0.71"
L-.,-4,,*{ Director
Cornpany Secretary
Chief Financial Officer
N
atl
onal Polyme r lnd u rtrler
U
mited
statement of changes in Equity
fo. the period ended 30 September 201s
Bala.ceasatS0.lune 2014 Profi t earned
as
Premium
'000,laka
722,274
134,000
lelerye
!000,
raka
45846
duri.e the year
Balan.e at at 30 september 2014 Bala.ce
ea!{4 '000. raka
at30.lune 2015
L22,214
r34000
45,846
144,288
t34,000
496,26\
Profit earned during the year Balance a5 ar 30 Sept€mber2015
L
--./
-z{w
744,248
134,000
496,267
'oo0.laka
'000. raka
137,801
439,92s
9,998
9,994 449,923
767,749
936,2s8
10,269
10,269
17L,97A
946,52J
Natlonal Polymer Industrles timited
Statement ofcash Flows
forthe period ended 30 September2015 30 Sep 2015
191€E2S!g
'000Taka
'000Taka
Cash ,low Irom operating a€tivities
Collectlon from sales and others Paymentto suppliers, employees and others
353,660
372,411 (3s2,612)
{408,9s9)
____1I?9r)
19.799
Cash tlow from inv€sting activitles
Payment for acquisition of property, plant and equipment Proceeds from sale of propeny, plant and equlpment
l.28,463\
11,140)
2,500 1,360
128,4631 Cash
flow from IinancinB activities
Proceeds from long term loan Payment of long term loan lnterest peid on long term loan
256,291 (120,3ss) (s,347) 130,589
Net increase in cash duringthe year Opening cash and cash equivalents Clotint cash and cash equivalents
(15,147) 15,1771
_________t
(16s)
46,427 55.955 112,782
66,120 65,955
L_rqy-.UlW Chairman
Managing Director
Com pany Secreta
Chief Financial off icer
tl4_
ry
Nationa! Polymer lndustries Ltd. Noies to the lnterim Financial Statements For the period ended 30 september, 2015.
Basis of preparation of
the lnterim Financial Statementsi
These Financial Siatements (hereafter ihe lnterim Financial Statements) of National Polymer lndustries Ltd.
for the third quarter ended September 30, 2015 (hereinafter the interim period). They are prepared in accordance with the Bangladesh Accounting Standard (BAS 34) lnterim Financial Reporting. These Financial Statements should read in conjunct:on with the Annual Financial Statements as on 30lune 2015, because they provide an update of previously reported information. The Accounting Policies and presentation used are consistent with those used in the Annual Financial statements. except where noted below. Where necessary, the comparatives have been reclassified or extended from the previously reported lnterim Financial Statements to take into account any presentational changes made in the Annual FinancialStatements or in ihese lnterim Financial Statements The preparation of the financial statements requires management to make estimates and assLlmptions that affect the reported amounts of revenue, expenses, assets, liabilities at the date ofthe lnterim Finaneial Statements .lf in the future such estlmates and assumptions which are based on management's best
judgment at the date of the Interim Financial siatements, deviate from the actual ciicumstances, the original estimates and assumptlons will be modified as appropriate in the period in which the circumstances change.
The company operates in industries where significant seasonal or cyclical variations in total sales are not experienced during the reporting period. 18% stock dividend for the year ended 30 June 2015 has alreadY been credited in the shareholders account.
The CompanV has no reportable segments as per requirements of BAS 14, segment reporting.
There is no signiflcant event to the end of lhe interim period that has to be reflected in the financial statements for the interim period. Earnings per share has been computed by dividing the profit after tax bY the number
of ordinary
shares
outstanding as on September 2015 as per BAS 33 "Earnings Per Share". Comparative Earnings Per Share has been restated as per BAs 33 " Earnings Pershare".
Figijici have been rounded off th e nearestTk.'000 t.r-
-{-Lq_
C Company Secretary
Managing Director ,. r,.:
:tii\
l''ii,:1.
\i-.-sz
chief Financial officer
