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Investor Presentaiton

ANNUAL REPORT 2018-2019 Financial Highlights Operating data (Taka in million) 2018-2019 2017-2018 2016-2017 Eighteen months ended 30 June 2016 2016 (Jan'16- Jun'16) 2015 ANNUAL REPORT 2018-2019 Financial results and performance of the Company Key Financial Results compared with last period is detailed below: Revenue Cost of sales Gross profit Particulars For the year ended 30 June 2019 (In Million Taka) 8,351.12 (6,638.54) 1,712.57 61.37 For the year ended 30 June 2018 (In Million Taka) 12,098.32 (9,821.60) 2,276.72 (187,98) 3.30 (119.62) 1,585.97 2,160.40 (56.85) 109.96 154.81 230.18 (245.70) 209.87 1,438.23 2,070.75 (47.20) 161.13 1,391.03 2,231.89 Revenue Cost of Sales 8,351.11 6,638.54 Gross Profit 1,712.57 12,098.32 9,821.60 2,276.72 General & Admin. Expenses 187.98 Finance Income 154.81 119.62 230.18 Finance Expenses 245.70 Net Profit (Excluding non-controlling interest) 1,391.03 209.87 2,231.88 10,034.16 7,784.51 2,249.65 107.64 86.97 134.55 1,830.27 16,767.90 4,614.65 12,308.94 3,248.34 4,458.96 1,366.31 444.62 12,153.24 9,060.60 3,092.64 110.40 334.22 129.16 49.95 79.20 183.10 48.52 3,548.41 1,143.08 134.57 2,405.61 Financial Position/Balance Sheet data (Taka in million) Share Capital 3,974.13 Shareholders' Equity Total Debt (Non-current Liabilities) Current Assets 10,016.04 64.48 7,429.26 Current Liabilities Total Assets 2,556.22 12,636.74 Total Liabilities 2,620.70 3,612.85 9,708.86 53.60 7,606.40 5,282.07 15,044.54 5,335.67 3,612.85 9,464.04 314.55 6,333.72 4,290.63 14,069.22 4,605.17 3,612.85 3,612.85 8,898.26 8,898.26 276.49 276.49 6,011.60 6,011.60 4,903.30 4,903.30 14,078.06 14,078.06 5,179.80 5,179.80 3,612.85 9,200.63 249.00 4,441.03 3,228.72 12,678.36 3,477.72 Other income General and administrative expenses Operating profit Foreign exchange gain/(loss) Finance income Finance costs Financial Ratios Gross Profit Ratio (%) 20.51% 18.82% 22.42% 26.59% 29.61% 25.45% Profit before tax Income tax expense Profit for the period Net Profit Ratio (%) 16.66% 18.45% 18.24% 21.16% Return on Assets (%) 11.01% 14.84% 13.01% 25.21% 24.77% 25.21% 19.79% 18.97% Debt Equity Ratio 0.11% 36 Other Data Earnings Per Share (Tk) 5.07 3.50 6.18 Dividend (%) 40% 10% Stock & 30%Cash 55% Total Number of Ordinary Shares Outstanding Total Number of Free Float Shares 397,431,179.00 361,284,709.00 361,284,709.00 119,262,051.00 106,260,244.00 106,260,244.00 Comparative Cash Flows Statement Net Cash Generated from Operating Activities Net Cash Generated from Investing Activities Net Cash Used in Financing Activities 75% 9.82 3.16 6.66 361,284,709 361,284,709 361,284,709 106,260,244 106,260,244 106,260,244 2,465,624,071 946,012,372. 1,727,268,402 4,922,361,370 564,362,824 4,357,998,546 (228,570,867) (31,920,048) 66,418,557 (82,374,619) 75,673,730 (158,048,349) (3,617,734,184) (70,803,751) (1,709,465,099) (4,681,585,606) (600,006,400) (4,081,579,206) During the year 2018-2019 operating cash flows increased by Tk. 1,519,611,699 compared to the year 2017-2018 due to lower payment against import of fuel and income tax expense. Major overhauling of plant and machinery took place during the year 2018-2019 which increased the cash flows from investing activities. Cash flows from financing activities arose in the current year as higher volume of working capital loan paid off during the year. Operating cash flows declined by 56% in the year 2017-2018 against the year 2016-2017 owing to price hike of prime raw material in the international market. Purchase of capital nature spare parts had been made in the year 2015 increased the expenditure during the year to maintain the efficiency level of the power plant. During the year 2018-2019, percentage of cost of sales reduced marginally by 2.08%, gross profit margin and net profit margin increased to 20.51% and 16.66% compare to 18.82% and 18.45% of the previous year 2017-2018 mainly due to decrease in operation and maintenance cost of KPCL's 110 MW power plant which is not in operation from 13th October 2018. Revenue decreased by 30.97% mainly due to 110MW Power Plant has discontinued its operations. Other income increased substantially by 1,761.15% in current year which was a result of reversal of liability on account of Handling Commission. Income tax expense shows 129.29% higher cost this year because in the year 2017-2018 the Company reversed deferred tax liability. During the year ended on 30 June 2019 EPS has decreased by 43.37 % from Tk. 6.18 to Tk. 3.50 mainly due to KPCL's 110 MW power plant is not in operation from 13th October 2018 and increase in share capital for issuing bonus share in the previous year has also contributed to the lower EPS. 37 37
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