Demo of Financial Statements
Example Company
Statement of Financial Position
As at 30 June 2022
As at 30 June
Notes
2022
Taka
2021 (Restated)
Taka
ASSETS:
Non-current assets
Property, plant and equipments
Right-of-use assets
Capital work-in-progress
4
5
6
223,333,804
38,878,653
603,454
262,815,912
223,520,058
44,657,921
273,874
268,451,853
Current assets
Inventory
Trade receivables
Advance, deposit and pre-payments
Cash and cash equivalent
7
8
9
10
180,413,007
473,912,129
44,956,983
66,120,544
765,402,663
122,701,398
371,999,564
23,695,881
44,718,993
563,115,837
1,028,218,575
831,567,690
Total assets
EQUITY & LIABILITIES:
Equity
Share capital
Share money deposit
Retained earnings
11
12
13
99,000,000
228,604,792
130,028,190
457,632,982
Non-current liabilities
Deferred tax liability
14
8,058,919
8,058,919
8,697,325
8,697,325
Current liabilities
Short term loan
Lease liability
Trade payables
Sundry creditors
Related parties payable
Accrued expenses
Provision for taxation
-
288,877,749
44,596,711
9,023,842
48,763,209
95,225,135
55,250,419
20,789,608
562,526,674
228,229,228
50,436,047
17,904,466
58,897,632
74,620,561
52,032,035
20,136,936
502,256,903
1,028,218,575
831,567,689
Total equity and liabilities
99,000,000
228,604,792
(6,991,331)
320,613,461
The accompanying notes form an integral part of this financial statements.
(0)
___________________
Director
___________________
Managing Director
Signed in terms of our separate report of even date annexed.
4
0
Example Company
Statement of Profit or Loss and Other Comprehensive Income
For the year ended 30 June 2022
For the year ended 30 June
Notes
2022
Taka
2021 (Restated)
Taka
Revenue
Less: Cost of sales
Gross profit
22
23
908,806,359
(572,257,691)
336,548,668
801,285,668
(541,936,784)
259,348,884
Less: General and administrative expenses
Less: Sales and distribution expenses
Operating profit
24
25
(104,178,556)
(53,868,816)
178,501,295
(72,810,089)
(49,043,241)
137,495,554
Less: Finance cost and other charges
Add: Other income
Profit before income tax
26
27
(21,651,422)
1,997,873
158,847,746
(9,238,710)
164,127
128,420,971
Less: Current tax expense
Less: Deferred tax income/(expense)
Net profit after tax
28
29
(22,466,632)
638,406
137,019,520
(20,136,936)
(1,785,633)
106,498,401
137,019,520
106,498,401
Other comprehensive income
Total comprehensive income
The accompanying notes form an integral part of this financial statements.
___________________
Director
___________________
Managing Director
Signed in terms of our separate report of even date annexed.
5
Example Company
Statement of Changes in Equity
For the year ended 30 June 2022
Particular
Share Capital
Balance as on 01 July 2021
Share money deposit
Net profit after tax for the year
Balance as on 30 June 2022
Particular
99,000,000
99,000,000
Share Capital
Balance as on 01 July 2020, as previously
reported
Prior year error adjustment on lease
Restated balance as on 01 July 2020
Share money deposit
Net profit after tax for the year
Balance as on 30 June 2021
Share Money
Deposit
228,604,792
228,604,792
Retained
Earnings
(6,991,331)
137,019,520
130,028,190
Share Money
Deposit
Retained
Earnings
Total
320,613,461
137,019,520
457,632,982
Total
99,000,000
124,278,304
(108,934,345)
114,343,959
99,000,000
99,000,000
124,278,304
104,326,488
228,604,792
(4,555,387)
(113,489,732)
106,498,401
(6,991,331)
(4,555,387)
109,788,572
104,326,488
106,498,401
320,613,461
The accompanying notes form an integral part of this financial statements.
___________________
Managing Director
___________________
Director
Signed in terms of our separate report of even date annexed.
6
Example Company
Statement of Cash Flows
For the year ended 30 June 2022
For the year ended 30 June
2022
Taka
2021 (Restated)
Taka
Cash flows from operating activities
Cash received from customers
Cash paid to supplier
Cash paid for direct and indirect expenses
Cash generated from/(used in) operation
Cash receipt from other income
Interest paid
Tax paid
Net cash generated from/(used in) operating activities
806,893,795
(416,521,941)
(353,889,005)
36,482,848
1,997,873
(26,943,650)
(26,280,618)
(14,743,547)
703,102,618
(337,202,834)
(278,163,373)
87,736,410
164,127
(9,238,710)
(3,052,963)
75,608,864
Cash flows from investing activities
Accquisition of property, plant and equipment
Disposal of property, plant and equipment
Addition of capital work-in-progress
Net cash generated from/(used in) investing activities
(25,443,264)
(4,421,293)
(29,864,557)
(69,662,970)
1,415,453
(1,919,933)
(70,167,450)
Cash flows from financing activities
Proceeds from share capital
proceeds from share money deposit
Proceeds from short-term loan
Proceeds from related parties
Repayment of lease liability
Net cash generated from/(used in) financing activities
60,648,522
20,604,574
(20,535,668)
60,717,428
104,326,488
(13,535,054)
(45,672,709)
(18,002,340)
27,116,385
Net cash increase/(decrease) in cash and cash equivalents
Foreign currency translation gain/(loss)-unrealized
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
16,109,324
5,292,227
44,718,993
66,120,544
32,557,799
12,161,194
44,718,993
The accompanying notes form an integral part of this financial statements.
0
___________________
Director
___________________
Managing Director
Signed in terms of our separate report of even date annexed.
7
0