Investor Presentaiton
104
4
Amounts in BDT
Reconciliation of carrying amount
Land
Power plant
Motor
vehicles
Building and Furniture and
construction fixtures
Office
Office
equipment renovation
Total
Property, plant and equipment
See accounting policy in Note 39C
2018-2019
ANNUAL
REPORT
Notes to the Financial Statements (Continued)
4,171,448,180
334,887,263
(2,755,999)
4,503,579,444
4,503,579,444
286,426,223
(3,146,118,569)
1,643,887,098
Cost
Balance at 1 July 2017
Additions
35,674,749 11,818,809,776
29,265,356
225,242,599 2,795,033
Adjustments/disposal
(5,319,310,476)
Balance at 30 June 2019
35,674,749
6,754,007,255 32,519,897 10,215,381
Adjustments/disposal
Balance at 30 June 2018
Balance at 1 July 2018
Additions
-
35,674,749 11,848,075,132 29,724,864 10,215,381
35,674,749 11,848,075,132 29,724,864 10,215,381
29,841,864
2,747,000
(2,864,000)
10,215,381
1,509,834
126,873
9,138,636 1,756,040
724,701
421,118
11,906,946,280
33,285,048
(2,864,000)
1,636,707
1,636,707
9,863,337 2,177,158 11,937,367,328
9,863,337 2,177,158 11,937,367,328
536,237
(86,000)
228,573,869
(5,319,396,476)
1,636,707 10,313,574 2,177,158 6,846,544,721
4,129,153,676
22,691,637
328,779,555 4,550,412
(2,755,999)
4,457,933,231 24,486,050
4,457,933,231 24,486,050
281,958,964 3,175,598
3,146,032,572
9,703,980
78,657
1,354,605
94,917
6,788,255 1,756,027
1,299,498
84,224
-
9,782,637
9,782,637
78,678
1,449,522
1,449,522
8,087,753 1,840,251
8,087,753 1,840,251
74,048
-
1,593,859,623 27,661,648
9,861,315
1,523,570
1,054,711
85,997
9,056,467
84,224
-
1,924,475
30 June 2019
BDT
281,958,964
4,467,259
30 June 2018
BDT
328,779,555
6,107,708
286,426,223
Carrying amounts
At 30 June 2018
At 30 June 2019
35,674,749 7,390,141,901 5,238,814
35,674,749 5,160,147,632 4,858,249
432,744
354,066
187,185
113,137
1,775,584
1,257,107
336,907
252,683
7,433,787,884
5,202,657,623
4.1 Allocation of depreciation
Accumulated depreciation
Balance at 1 July 2017
Depreciation for the year
Adjustment for disposal
Balance at 30 June 2018
Balance at 1 July 2018
Depreciation for the year
Adjustment for disposal
Balance at 30 June 2019
Cost of sales (Note 21)
General and administrative expenses (Note 23)
105
Carrying value
334,887,263
Cost of non-current asset(power plant)
Less: Accumulated depreciation
5
Asset held for sale
2018-2019
REPORT
ANNUAL
Notes to the Financial Statements (Continued)
of financial position as below:
needed. Non-current assets classified as held for sale are disclosed separately from the other assets in the statement
higher than the carrying value in the statement of financial position BDT 2,173,277,904. As a result no adjustment is
the disposal plan is unlikely. As part of concrete plan to sell the assets are valued (FV) BDT 3,336,738,400 which is
it is probable that a buyer will be found in near future, i,e within 12 months from the reporting period. Any change to
as held for sale are not depreciated since 13 October 2018. The management is actively searching for a buyer and
the non-current assets (Power plant) are classified as held for sale complying IFRS 5.Non-Current assets classified
from 13 October 2018. The Management of the entity has agreed/committed in a meeting to sell 110 MW Plant. As such
in different commercial operations dates (CODS) out of which 110MW Power Plant has discontinued its operations
The Khulna Power Company Ltd. consists of three Power Producing units (KPCL 110MW, KPCL 115MW, KPCL 40 MW)
30 June 2019
30 June 2018
Amounts in BDT
5,319,310,476
2,173,277,904
(3,146,032,572)View entire presentation