Investor Presentaiton
ANNUAL
REPORT
2018-2019
Notes to the Financial Statements (Continued)
25
25
46
26
Finance income
Interest on FDR and SND
Finance costs
Interest on short term loans
Other financial charges
30 June 2019
Amounts in BDT
30 June 2018
154,810,272
154,810,272
230,184,299
230,184,299
ANNUAL
REPORT
2018-2019
Notes to the Financial Statements (Continued)
30
31
225,086,576
20,612,083
245,698,659
192,317,600
17,552,323
209,869,923
Net operating cash flow per share
Net cash generated from operating activities
Number of shares outstanding (Note -11)
Net operating cash flow per share
Reconciliation of net profit with cash flow from operating activities
Profit for the year
Adjustment for:
Depreciation
Foreign exchange gain/loss
27
27
Income tax expense
Current tax (Note 19)
Adjustment made for completion of assessment
Deferred tax (income)/expense (Note 13.1)
28 Earnings per share
28.1
Basic earnings per share
15,000,000
32,683,459
(485,049)
47,198,410
137,000,000
(29,874,564)
(268,259,941)
(161,134,505)
Earnings per share (EPS) is calculated in accordance with the IAS 33: Earnings Per Share. The composition of EPS is given below.
Profit attributable to the ordinary shareholders (basic)
Number of shares outstanding (Note -11)
Earnings per share (EPS)
1,391,031,453
397,413,179
2,231,885,147
361,284,709
3.50
6.18
During the year ended on 30 June 2019 EPS has been decreased by 43.37% (from BDT 6.18 to BDT 3.50) mainly due
to KPCL 110 MW power plant is not in operation from 13th October 2018 and increasing share capital for issuing 10%
bonus share in the previous year is also the cause of lower EPS.
Gain from disposal of assets
Deferred tax income
Cost of sales-Inventory consumption
Handling commission & others
Gratuity provision
Earned leave provision
Bad debt Expenses
Finance charge for ARO
Tax Provision for the year
Changes in:
Inventories
Trade & other receivables
Advances, deposits & prepayments
Current tax assets
Trade & other Payables
Employee benefits
Provision for income tax
116
28.2
Diluted earnings per share
29
29
29.1
No diluted earnings per share is required to be calculated for the year as there was no scope for dilution during the year.
Net asset value per share
Net assets (Note - 29.1)
Number of shares outstanding (Note - 11)
Net asset value per share
Net assets
Total assets
Total liabilities
Net assets
Net cash generated from operating activities
32
Operating leases
See accounting policy in note 39N
30 June 2019
30 June 2019
Amounts in BDT
2,465,624,071
397,413,179
946,012,372
361,284,709
6.20
2.62
1,391,031,453
2,231,885,147
286,426,223
56,853,005
(2,999)
(485,049)
334,887,263
(2,598,231)
(1,256,999)
(268,259,941)
6,221,351,404
(58,433,058)
1,940,197
365,799
85,221,997
8,576,083
15,000,000
(6,508,141,225)
1,194,009,789
178,749,647
(789,655,283)
(139,382,222)
12,358,269
171,746,125
(3,482,503)
(85,224,823)
2,465,624,071
(632,811,192)
2,967,567
(292,000,000)
946,012,372
KPCL-I & KPCL-II are obligated under non-cancellable lease for use of land leased out by BPDB that are renewable on a periodic
basis, at the option of both lessor and lessee. Initially, two separate indenture of lease were made between BPDB (the lessor) and KP-
CL-I (the lessee) and KPCL-II (the lessee) for 17 years and 5 years effective from 5 February 1998 and 16 August 2010 respectively.
BPDB has taken possession of land from Padma Oil Company Ltd. (POCL) pursuant to lease agreement between POCL and BPDB.
Both leases have been extended for a further 5 years effective from 1 January 2015 for KPCL-I and 16 August 2016 for KPCL-II.
The future minimum lease payments in respect of operating leases as at:
10,016,038,813
397,413,179
9,708,861,487
361,284,709
25.20
26.87
Not later than one year
Later than one year but not later than five years
12,636,740,988
2,620,702,175
10,016,038,813
15,044,537,738
5,335,676,251
9,708,861,487
3,892,406
2,060,568
5,952,974
7,326,267
10,417,122
17,743,389
Rental expenses under non-cancellable operating leases aggregated BDT 6,754,528 for the year ended 30 June
2019 and BDT 6,921,328 for the year ended 30 June 2018.
117View entire presentation