BANGAS LIMITED :
Date December 17, 2017. Dear Shareholders, On behalf of the Board of Directors, we have the pleasure in presenting below the unaudited Statement of Comprehensive lncome, Statement of Cash Flows & Statement of Changes in Equity for the period from July
01
,2017 to September 30, 2017 and
the unaudited Statement of Financial Position as at Septembet,30,2017 of Bangas Limited for your kind information:
STATEMENT OF COMPREHENSIVE INCOME FOR THE FIRSr QUARTER ENDED SEPTEMBER 30,2017 (UNAUDTTED) PARTICULARS
JUL.SEP,16
JUL.SEP,17
Turnover Deduct: Cost of Goods Sold
Gross Profit
Deduct: Administrative Expenses Selling Expenses including VAT Financial Expenses
Total Cost and Expenses Operating ProfiU(Loss)
3.08.85.564 2.15.97,153 92,88,41{ 28,74,636 66.78,140 7.44.670 1.02.97.446 (10.09.0351
Add: Non-operating lncome Net ProfiU(Loss) before WPPF Less: Allocation for WPPF Net ProfiU(Loss) Before Tax Less: Provision for lncome Tax Net ProfiU(Loss) After Tax Earnings Per Share
2.72.86.748 2.02.32.132 70.54.616 27.94.801 4671 454 5,89,353 80.56.008 (10.01.39i
GROWTH 13.15% 6.75% 31.66% 2.86o/a
42.94u/o ZA.3CYa
27.82%
o.t6"k U.UU%
(10.01 .3921
10.09.
O.76o/c
0.00% 1
0.09.035t
10.01.3921
0,09,0351
10.01 .392) (0.161
0.76o/c
0.00% (1
(0.1
6
0.760/o 0.76Yo
STATEMENT OF FINANCIAL POSITION AS OF SEPTEMBER, 30, 2017 (UNAUDTTED) PARTICULARS
Non-Current Assets: Property, PIant and Equipments
Total Non Current Assets Current Assets: lnventories Bills Receivables/Debtors Advance, Deposit & Pre-payments Cash and Cash Equivalents
Total Current Assets Total Assets Shareholders Equity: Share Capital Tax Holiday Reserve Retained Earnings Revaluation Surplus
6.31.44,05( 26,20,415 48,75,67€
6,31,44,05C 26.20.41 58,84,71
0t
6.81.04.10€
6,81 ,04,1
13.87.44.251
13,97,53,287
0.0001 0.0001
17.1501 0.009 -0.7201
Non-Current Liabilities: Bai-Muajjal Finance (Secured) Deferred Tax Liability
Total Non-Current Liabilities
23,43,541
28,94,144
31,55,861 54,99,40€
31,55,861
60,50.00
-19.02'/t 0.0001 -g.10o/(
Current Liabilities: Short Term Loan (Secured) Creditors for Goods & Expenses (Unsecured) Liabilities for other Finance (Unsecured) lncome Tax Payable
Total Current Liabilities Total Shareholder's Equity and Liabilities
2.54.49.482
1,69,28,018
20.43.97i 21.33.17(
'15.87.96'1
2.O0.65.374
4.96.91.99! 19,39,35,65i
21 33 17C 2.00.65 374 4.07.14.523 18,65,1 7,81 6
Net Asset Value Per Share
S. M.
SHAHID
Executive Direc
50.3401. 28.72o/t
0.00% 0.00% 22.0501 3.98%
Fiqure in Tk.
,
BANGAS LIMITED CASH FLOW STATEMENT FOR THE FIRST QUARTER ENDED SEPTEMBER 3O,2OI7 (UNAUDITED)
Fiqure in Tk.
JUL-SEP,16
JUL.SEP,17 Cash flows from operating activities: Collection from tumover and others Payment tbr cost and expenses Payment for financial expenses Income Tax Paid andior Deducted Cash flows
2.45.87.580 (7,44,670
3.71.64.8 r 8 (2,23.8 r .856) (5.89.3 52t
rc|.06.071
1.41.93.610
(2.99.48.981
GROWTH -33.84% 33.81o/a 76.35o/a 0.00o/o -143.02o/a
from investing activities:
Acquisition of
fi
xed assets
0.00%
0.00% Cash flows from financing activities: Long Term Loan (Decreased) Short Term Loan (lncreased) Net cash inflow/(outflow) for the period of July to September- 2017 Cash and Cash Equivalent on opening Cash and Cash Equivalent on closinq
5.50,599)
4"23.299\
85.2 1,464
r.1 r.35.246)
79,70,865
r.15.58.545)
t8.64"794 92,65,738
26.35.065 1.0s.96.903 I.32.3 1.968
r,1 1,30,532
Net Ooeratins Cash Flow Per Share
2,25
30.07%
176.53% -168.96% -29.2391 -12.5601 15.8801
I
-143.0
STATEMENT OF CHANGES IN EQUITY Fiqure in Tk.
For the First Quarter Ended September 30, 2017
Particulars
Tax Holiday
Share Capital
Assets Revaluation Reserve
Reserve Balance as on June 30.
17
I
6.31.44.050
I
26.20.419
I
6.81.04.105
Total
Accumulated Surplus
I
sa^A+.ztr
I
n.97.53.287
10.09.015)l
Net Profit/(Loss) for the period
Balance as on Sep 30, l7
00,09.035
13,87,44,252
Ialce as on Sep 30, l6
6,81,04,105
S.
M. SHAHID-UI-IIARAFIN
Executive
Directo/& Company Secretary
