Ferdous Alam

POLYPRINT LIMITED FINANCIAL STATEMENT FOR THE MONTH ENDED 30TH NOV'2013 Draft Accounts Nov'2013 (Ferdous) 23 POLYPRINT LIMITED BALANCE SHEET AS AT 30TH NOV'2013 NOTES 30th Nov'2013 Taka. 31st Oct'2013 Taka. SOURCE OF FUND Paid up Share Capital General Reserve 4 4,000,-,924,-,924,146.76 4,000,-,135,-,135,407.39 APPLICATION OF FUNDS: Fixed Assets Less : Accumulated Depreciation 6 91,671,-,918,-,752,655.22 91,637,-,639,-,998,207.70 Inventory Trade and Other Receivables Advances & Deposits Due from Affiliated Companies & Others Cash and Bank Balances Income Tax Receivable - 22,419,-,582,071.86 7,755,-,-,918.64 7,346,-,232,934.20 23,156,-,642,604.79 7,707,-,039.20 1,046,627.70 7,331,-,404,490.48 Current Liabilities : Bank Overdraft & Loans Advance against Sales Accounts Payable-Import & Domestic Due to Affiliated Companies & Others Provisions and Accruals Security deposits payable Liability for LATR Account Unpaid Dividend - 15,342,-,551.85 7,111,-,325,331.00 1,805,-,132.00 7,500,-,061,442.66 (24,828,-,924,146.76 15,029,-,405.08 9,581,-,590,115.92 1,448,-,132.00 7,500,-,267,290.79 (24,862,-,135,407.39 Current Assets : Net Current Assets/Working Capital NET ASSETS The notes set out on pages 6 to 22 form an integral part of these accounts 0 ______________ Managing Director Head of Accounts Director Dated, Chittagong 10th Dec'2013 Draft Accounts Nov'2013 (Ferdous) Auditors 2 POLYPRINT LIMITED PROFIT AND LOSS ACCOUNT FOR THE MONTH ENDED 30TH NOVEMBER'2013 22,-,961.95 Total Production(kg) 40,500.00 Total Sales(kg) Monthly NOTES Gross Turnover Less VAT Net Turnover Less: Cost of Goods Sold Gross Profit/Loss 19 Less : Operating Expenses Office & Administrative expenses 20 Selling, Marketing and Distribution Expenses21 Operating Profit/Loss Less: Financial Expenses 22 Add: Non-Operating Income Net Profit/Loss(Before Tax) Less: Provision for Income Tax Net Profit/Loss(After Tax) 23 Draft Accounts Nov'2013 (Ferdous) Budget Nov'2013 % of Turnover Actual Nov'2013 % of Turnover Budget VarianceBetter/Worse Budget Variance% Nov'2012 Taka. % of Turnover 9,375,-,000.00 9,305,500.00 - 6,165,476.47 (7,451.85) 6,172,928.32 100.00 - (3,210,-,451.85 (3,132,571.68) - (33.66) 6,992,-,303.61 6,952,783.71 - 8,733,634.23 571,865.77 - 5,448,-,272.92 - 3,284,-,407.15 - 6,286,-,911.35 - 182,-,-,-,972.97 - 189,-,-,-,916.90 - (7,-,-,-,943.93 - 166,-,-,-,008.94 - 256,652.26 (90,-,-,-,203.50 2.74 - 654,107.50 (306,-,929.97 (211,260.63) (211,260.63) 10.61 (4.97) 1.54 (3.43) (3.43) (397,455.24) (215,511.31) (75,952.82) (291,464.13) (291,464.13) - (44.45) (363.41) #DIV/0! (363.41) 910,185.82 (615,-,961.96 (452,214.92) (452,214.92) 13.02 (8.80) 2.33 (6.47) (6.47) 3 POLYPRINT LIMITED PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED JULY'13-NOV'13 Year to Date NOTES Gross Turnover Less VAT Net Turnover Less: Cost of Goods Sold Gross Profit/Loss Less : Operating Expenses Office and Administrative expenses Selling, Marketing and Distribution Expenses Budget July'13-Nov'13 36,002,-,-,652,500.00 19 % of Turnover Actual July'13-Nov'13 - % of Turnover Budget Variance+/- 31,293,-,-,034,805.50 - (4,709,-,393.34 (4,617,694.50) 5,241,-,237.50 Budget Variance% Last Year July'12-Nov'12 % of Turnover - (12.95) 30,114,-,-,879,973.23 - 14.69 (2,914.97) 28,729,187.71 1,150,785.52 - (21,414.91) 99.09 (0.06) 30,431,-,822.59 - 20 21 983,696.73 1,206,310.75 2,190,007.48 (2,211,422.39) - (6.14) 1,076,064.18 1,121,338.30 2,197,402.48 (1,594,579.89) - (5.10) (92,-,972.45 (7,-,842.50 (9.39) 7.04 (0.34) (27.89) 893,618.89 1,151,071.31 2,044,690.20 (893,904.68) - (2.97) Less: Financial Expenses 22 Add: Non-Operating Income Net Profit/Loss(Before Tax) Less: Provision for Income Tax Net Profit/Loss(After Tax) 24 2,484,399.02 (4,695,-,812.27 (3,788,009.14) (3,788,009.14) 6.90 - (10.52) (10.52) 3,274,883.73 (4,869,-,096.89 (4,869,463.62) (4,869,463.62) 10.47 - (15.56) (15.56) (790,484.71) (173,642.21) (121,715.38) (1,081,454.48) (1,081,454.48) - - #DIV/0! 28.55 4,293,585.90 (5,187,-,093.58 (4,404,397.00) (4,404,397.00) 14.26 - (14.63) (14.63) Operating Profit/Loss Draft Accounts Nov'2013 (Ferdous) 35,673,914.91 3 POLYPRINT LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE MONTH ENDED 30TH NOVEMBER'2013 Share Capital Tk. Balance as on- Retained Earnings (A)Tk. 4,000,000.00 Prior Adjustments (Note- 25.00) - Net Profit/loss this period - Balance as on- Draft Accounts Nov'2013 (Ferdous) 4,000,000.00 Reserve Fund (B)Tk. (34,047,182.32) (211,260.63) (34,258,442.95) 4 General Reserve with R/E(A+B) 59,182,-,182,589.71 25,135,407.39 (211,-,924,146.76 Total Tk. 29,135,407.39 (211,-,924,146.76 6.00 FIXED ASSETS POLYPRINT LIMITED Fixed Assets Schedule as on 30th Nov'2013 C O S T Sl. No. Particualrs Total as on- 160,081.00 1 Land 2 Factory Building(steel Structure) 45,636,597.00 3 Plant and Machinery 24,450,481.22 4 Electrical Equipment Add/Less during the period - Total as on- Total as on- 160,081.00 - Charged during the period Adjustment - Total as on- - W.D.V as on- 160,081.00 45,670,197.00 12,333,741.52 187,796.20 12,521,537.72 33,148,659.28 - 24,450,481.22 19,674,365.06 53,356.88 19,727,721.94 4,722,759.28 3,450,350.00 - 3,450,350.00 3,279,448.28 4,617.79 3,284,066.07 166,283.93 5 Furniture and Fixture 313,394.00 - 313,394.00 282,975.54 799.47 283,775.01 29,618.99 6 Interior Decoration 283,900.00 - 283,900.00 189,474.09 4,666.84 194,140.93 89,759.07 7 Office Equipment 806,769.21 - 806,769.21 302,144.25 9,783.58 311,927.83 494,841.38 38,337.04 - 38,337.04 14,481.42 472.59 14,954.01 23,383.03 199,048.00 - 199,048.00 157,286.04 760.76 158,046.80 41,001.20 1,154,381.00 - 1,154,381.00 896,147.40 - 896,147.40 258,233.60 6,500.00 - 6,500.00 4,154.79 57.53 4,212.32 2,287.68 12 Gas Line Installation 2,703,968.00 - 2,703,968.00 338,922.02 11,112.20 350,034.22 2,353,933.78 13 Water Line Installation 1.00 - 1.00 1.00 277,155.00 - 277,155.00 34,739.29 1,139.00 35,878.29 241,276.71 3,350.00 - 3,350.00 2,047.89 27.53 2,075.42 1,274.58 11,043,425.00 - 11,043,425.00 1,110,115.00 - 1,110,115.00 129,716.18 4,562.11 91,671,452.47 37,639,644.77 279,152.48 8 Communication Equipment 9 Other Equipment 10 Motor Vehicles 11 Servicing Tools & Equipment 14 Electrical Installation 15 Water Tank 16 Capital WIP(Gas Generator) 17 Software Total Taka 91,637,852.47 33,600.00 DEPRECIATION 33,600.00 5 Draft Accounts Nov'2013 (Ferdous) - - 1.00 - - - - 11,043,425.00 134,278.29 975,836.71 37,918,797.25 53,752,655.22 POLYPRINT LIMITED CASH FLOW STATEMENT FOR THE MONTH ENDED 30TH NOV'2013 Nov'2013 Taka Oct'2013 Taka Cash Flow from Operating Activities: Net Profit before taxation Adjustment for items not involving movement of cash Depreciation Prior Year Adjustment (211,-,152.48 67,891.85 (764,540) 288,127 (476,413) (Increase)/Decrease in Current Assets: Inventory Trade and Other Receivables Advances, Loans and Deposits Due from Affiliated Companies Income Tax Receivable Increase/(Decrease) in current liabilities: Bank Overdraft & Loans Advance against Sales Accounts Payable-Import & Domestic Security Deposits Payable Provisions and Accruals Due to Affiliated Companies Liability for LTR Account Net cash provided by operating activities Investing Activities: Acquisition of Fixed Assets Net cash used for Investing activities 736,-,532.93 (48,-,483.20 (15,000.00) (7,042,706) 135,972 6,688,566 (74,521) (441,012) 313,089.15 (140,853.23) (2,470,-,-,215.08 (119,000.91) (51,109.06) 4,493,679 (48,523) 847,847 (161,603) 327,892 (4,846,635) (121,043) (597,456) (33,600.00) (33,600.00) (76,885) (76,885) (84,709.06) (674,341) 1,046,-,918.64 (84,709.06) 1,720,968 1,046,628 (674,341) Financing Activities: Long Term Loans (Secured) Net cash used for Financing activities Net cash increase Check: Cash and Bank at the begining of the year Cash and Bank at the end of the year 6 Draft Accounts Nov'2013 (Ferdous) POLYPRINT LIMITED NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE PERIOD FROM 1ST NOV'2013 TO 30TH NOV'- THE ENTITY AND ITS NATURE OF BUSINESS Polyexprint Limited was incorporated on 25th May ,1983 as a private company limited by shares (Registration no-C-10775/671 of 1982-83) under the Companies Act 1913 with the Registrar of Joint Stock Companies, Dhaka, Bangladesh. Its registered offfice is located at Pedrollo Plaza, 5, Jubilee Road, Chittagong. The company throughout the period was engaged in producing, processing, and converting different types of plastic, nylon and polythene products and selling these to its associated companies and outside parties. 2.00 BASIS OF PREPARATION 2.01 Statement of Compliance These financial statements have been prepared in accordance with the applicable International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs), Companies Act 1994 and other applicable laws and regulations. 2.02 Basis of measurement These financial statements have been prepared on a going concern basis under historical cost convention. 2.03 Functional and presentation currency These financial statements are presented in Bangladeshi Taka which is company's functional currency. All financial units have been rounded off to the nearest Taka. 2.04 Use of estimates and judgment The preparation of financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and assumptions are reviewed on an ongoing basis. 2.05 Comparative information has been disclosed in respect of the year- for all numeric information in the financial statements and also the narrative and descriptive information where it is relevant for understanding of the current year's financial statements. Figures for the year 2008 have been rearranged wherever considered necessary to ensure comparability with the current year. 3.00 SIGNIFICANT ACCOUNTING POLICIES The accounting policies set out below have been applied consistently to all periods presented in these financial statements. Certain comparative amounts have been reclassified to conform to the current period's presentation. 3.01 Financial instruments Financial instruments comprise of trade and other receivables, cash and cash equivalents, loan and borrowings, and trade and other payables. Above financial instruments are recognised at cost. 7 Draft Accounts Nov'2013 (Ferdous) 3.02 Property , Plant and Equipment 3.02.01 Recognition and measurement Fixed Assets are stated at cost less accumulated depreciation thereon. Cost includes expenditure that are directly attributable to the acquisition of assets. The cost of self constructed assets includes the cost of materials and direct labour,any other costs directly attributable to bringing the assets to a working condition for its intended use. 3.02.02 Depreciation Depreciation is recognised in profit and loss account on Straight Line Method at rates to write off assets over the estimated useful lives. - Inventories Raw Materials Raw Materials are valued at the lower of cost and net realisable value. The cost of inventories is measured based on the weighted average method, and includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. 3.03.02 Work In Process Work-in-process is valued at Prime Cost plus proportionate Factory Overhead. 3.03.03 Finished goods Finished goods are valued at a fixed predetermined rate irrespective of cost incurred. 3.04 Employee Benefit 3.04.01 Provident fund The company maintains a provident fund for its all permanent employees. Both the employees and company contribute 7% of basic salary to the fund. Separate provident fund has not been constituted for this purpose. 3.05 Provisions A provision is recognised if, as a result of a past event, the company has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. 3.06 Revenue Recognition Revenue from sale of goods is measured when the significant risks and rewards of ownership have been transferred to the buyer, recovery of the consideration is probable, the associated costs and possible return of the goods can be estimated reliably and there is no continuing management involvement with the goods. 3.07 Finance income and expenses Finance income represents interest earned on FDR/STD with banks. Financial expenses comprises interest expenses on borrowings and net effect of foreign currency exchange rate fluctuation gains and losses. 3.08 Income tax expense Income tax expenses comprised of current tax only. Income tax expense is recognised in profit and loss account. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or subsequently enacted at the reporting date. The company does not recognise any deferred tax in its accounts. 8 Draft Accounts Nov'2013 (Ferdous) 3.11 Going Concern Working capital deficiency at the balance sheet date was Tk-). The continuity of the company's economic viability is dependent upon the continued financial support from its bankers and affiliated companies who have signified their willingness to provide necessary funds to enable the company to meet its obligation as they fall due. 4.00 SHARE CAPITAL 30th Nov'13 31st Oct'13 Taka Authorised Capital 50,000 ordinary Shares of Taka 1,00 each 5,000,000 5,000,000 Paid Up Captial 40,000 Ordinery Shares of Taka 100 each 4,000,000 4,000,000 The breakup of the issued share capital are as follows : Name of Shareholders Number of Shares Mr. N Khan, Managing Director Mrs. Hasina Rashid Khan, Director Mr. Israk Khan, Director Ms. Syeda A Khanam - 9 Draft Accounts Nov'2013 (Ferdous) 30th Nov'13 31st Oct'13 Taka 2,200,000 600,000 600,000 600,000 4,000,000 2,200,000 600,000 600,000 600,000 4,000,000 30th Nov'2013 31st Oct'2013 Taka 7.00 INVENTORY Stock of Raw Materials Stock of Sub Materials Block & Design Materials Stock of Packing Materials Work in Progress Stock of Finished Goods Stock of Machine Maintenance Materials Stock of By Product 13,748,827.13 2,282,-,-,595,914.08 1,973,656.34 2,693,-,-,419,464.28 14,114,507.65 2,548,-,-,657,570.08 1,987,430.45 2,697,-,-,156,412.79 30th Nov'2013 31st Oct'2013 Taka 8.00 8.01 TRADE AND OTHER RECEIVABLES Trade Receivables (Note : 8.01) Other Receivables(Note: 8.02) 11,832,-,000.00 11,739,-,826.40 12,582,071.86 12,642,604.79 Trade Receivables 2,132.00 1,425.85 1,-,407.49 9,-,- A & D Co. A Hossain Textile A.G.M. Soap & Chem. A.K. Thread AB FLOUR MILLS ABUL KHAIR CONSUMER PRODUCTS LTD Ahsanul Hoque Jewel Ajmir Salt Crushing Akhi Hossiery Al Beni Foods Al Kamar Salt Al Mostafa Bread Alam Products Al-Majedia Bread Al-Mamun Bakery 304,-,152.63 7,-,-,-,- Alpha Traders 680,285.43 Al-Rahman Bakery 94,672.60 Aman Food 25,842.80 Aman Sagar Ent. 5,180.00 AMIN PRODUCT 3,740.00 Amman Bakery 7,965.50 Amman Fast Food 27,730.50 Arab Bangladesh Trading 265.00 Aramit Footwear Ltd. 33,372.53 Aramit Thai Alluminium Ltd. 4,101.22 Arman Chowdhury 13,042.00 ARSHI FOODS LTD. 5,286.50 Ashim Textile Asia Bread & Biscuits Astech Ltd. Azad Accessories House B.C. GROUP Bagdad Bread Baghdad Major Flour Mill Baishaki Bakery Bake N Fast Banoful & Co. BASHIR FOOD PRODUCTS Bashundhara Textile BD Italian Terazzo Works Bengal Salt Bhai Bhai Bread Bhai Bhai Enterprise Binni Hossiery BISMILLAH FOOD PRODUCTS Bismillah Oil Mills and Agro Produc Boithak lungee Bose Brothers Bright Soap Factory CBC Optronics (Computar) Century Hossiery Century Lungee Chattala Bakery Chittagong Club Ltd. Chittagong Dyeing Mills Chowdhury Apparels Chowdhury Corporation City Food Products Clone Tea Agency Draft Accounts Nov'2013 (Ferdous) 23,-,-,-,-,-,-,-,504.50 4,-,-,-,-,498.80 9,-,-,-,-,- 10 Color GaRoaden Compose Add Confidence Food Console Bread & Biscuits Consort Chemical Daimond Salt Darbar Food Products Das Foods Products Design Apparels Diamond Bakery Dider Lungee Dilip Hossiery DYNA SALT Dynesty Confectionery. East Bengal Tea Eastern Enterprise Eastern Soap Factory EASY PACK Ekota Bread Ekota Enterprise Fame Accessories Farasat & Brothers FASHION FOOD MANUFACTURING CO. Fast Add FIVE STAR LUNGEE Flavors Sweets & Bakers Flavours Sweets & Bakers FM Trading International Food Fair Food valley Fool Mela Fouji Flour Mills French Food Fresh Biscuit Friends Food FROZEN FOODS LTD Gausia Bakery Genuine Bread Gold Star Soap Golden Bread Golden Food GREEN FOOD Green Leaf Tea H.K Traed International H.L. Products Habib Textile Haji Noor Ali Haji Oli Ahmed Salt Haji Wali Ahmed Salt Haji Yakub Ali WAQF Estate Hakkani Soap Fact. Halda Valley Tea Co. Ltd. Harinarayan Textile HASINA BEKARY Hassan Enterprise HAZI MANNAN BAKERY & CONFECTIONERY Hero Soap Fact Holly food Hoque Food Hoque Salt Hossain & Brothers Hossain & Company Ibra Foods & Beverages Ltd. Imtiaz Food Index Soap & Chem. Innova Textile J.R.Techno Color Jabed Cloth Store JAF Thread Jamal Abedin Nasir Jannat Bakery & Sweets Jannat Enterprise Jony salt Joynti Soap K.G.M Consumer ltd Karnafully Salt Crushing Industries Kashem Textiles Krishibid Salt Lab One Likhon Creation Lions Club of Chittagong. LUBRICANTS ASIA LTD. Draft Accounts Nov'2013 (Ferdous) 236.00 1,856.75 7,-,-,-,-,-,-,-,007.90 1,-,-,581.00 9,-,-,-,992.78 1,-,-,-,-,-,-,-,-,-,-,-,-,-,-,-,-,-,-,-,346.90 5,900.00 3,-,-,-,-,-,-,-,000.00 3,441.00 3,-,-,-,-,697.93 8,819.00 1,108.17 5,408.00 5,-,-,-,-,326.50 8,-,880.62 11 Lucky Bread Lucky Food Lupa Int. Maa Traders Madhu Mela MAF Trading Mailo Bread Maks Food Maksuda Soap & Chemical Masim Food Products Master Bakery MD. BOSHIR AHMED MD. MUSA Memory Bakery Meridian MFM Food products Milco Protein Milky Food Products Minu Bread & Biscuit Mishor Hosiery Mistee Mukh Mitali Soap Factory Mithai Mocca Salt Industries Modern Computer Modern soap factory Modina Food Products Moinuddin Tea House Moon Star Bakery MOSTAFA FOOD Mother salt Mr. Faruqe Mr. Milan Mr.Idris Mrs. Hasina Khan (Director) Muskan Enterprise Mussa & Issa Brothers N.D.S. Food Nababondhu Hossiery Nasir Bakery New Madina Bakery New Nabi Textile NEW RAHMANIA FOODS New SevenUp Bread NEW SUNDORBON BAKERY Niloy Tea Noor Ahmed NURUN NABI O.K.B.S. FASHION O.R. Textile Ohidia salt One Food products ONE MAN LUNGI Orca Computer Overseas Press Pack Master Draft Accounts Nov'2013 (Ferdous) 3,-,-,-,666.50 9,-,-,-,-,-,-,-,335.00 7,-,185.95 8,-,-,-,-,-,-,-,-,897.75 3,940.50 1,-,-,-,-,-,-,-,-,-,915.00 2,-,-,532.00 3,-,-,-,801.10 12 Papular Salt PARK TRADING Passagio Food PHP Float Glass Industries Ltd. PJ Accessories Pragati Modern Bread Pragati Salt Crushing Prime Bank Ltd.(Dagonbhuyan) Prime Lungee Prince Emporium Prince Store Progati Corporation Progati Textile PromodaTea Pubarni Salt Crushing Ltd. Pushpita Tuli Food Products R.M. Food Products Rabbi Food products Rahmania foods Raihan Bread & Confectionery Raj Bread RB Food Products Refat & Ifat Trading Corporation Refat Soap Reflex Advertising Reyadh Food Rong Design & Printers Rose Enterprise Royal Bangla Sweet Royal Enterprise Royal Food Royal Tax Rupali Soap Factory RUPON RUBBER PARTS S.M.Shoeb S.Ofset Printers Saikat Traders Sanwara Consumer Products Saphire International Sathi Bread Savory Food Products Sea Salt Seyum Enterprise Shah Amanat Store Shah Amir Milk & Dairy Shah Arju Flour Mills Shahida Textile Shahjahan Lungee Shahjalal Sweets & Confectionery Sharif Tea House Shaw Wallace Bd ltd Shilamoni & Sons SHIPATH PRIA & BROTHERS SILVA ACCESSORIES Sizzle SUBARNA GRAPIC Subid Cha Company. Sunshine Dairy Super Food Super Thread Tag House Tajnur Food Products Thaiwah Food Prod. The Ad Communication The Consolidated Tea&Lands (BD) LTD Touch Tea Trade International Unique Textile Uttra Pack Ltd. Well Foods Limited. Zakir Sons 69,-,-,700.40 8,386.00 2,-,-,890.40 1,-,-,-,623.50 7,-,-,-,-,-,-,-,905.00 3,649.80 2,-,666.80 2,-,-,-,000.00 7,286.50 1,496.00 8,-,490.00 1,-,442.50 4,-,001.55 4,-,-,-,069.00 2,777.50 6,047.90 5,-,-,-,-,-,-,-,832,071.86 8.02 Other Receivables Sufia Metal Works Ltd. 750,-,000.00 30th Nov'2013 31st Oct'2013 Taka 7,066,562.71 7,018,-,-,836.00 7,755,398.71 7,707,281.29 9.00 ADVANCES AND DEPOSITS Advances (Note-9.01) Security Deposits (Note-9.02) Draft Accounts Nov'2013 (Ferdous) 13 9.01 ADVANCES Prima Enterprise Advocate Noor Hossain I. B. Corporation SAP India Pvt. Ltd. Galfra Habib Limited BSCIC 43,-,-,000.00 7,-,-,788.20 Halda Valley Tea Co. 123,484.35 Metro Tools Deffered Expenses 301,-,-,-,-,000.00 M.S Enterprise Mr.Binoy Nath (Factory Petty cash) Hill Plantation Ltd Neem Accessories Ltd. Gold Coin Textile VAT Current Account Bank Gurantee Margin Prepaid Expenses 5,083,-,-,706.00 7,066,562.71 9.02 Security Deposits: 30th Nov'2013 31st Oct'2013 Taka 225,-,000.00 4,000.00 4,-,-,000.00 1,000.00 1,000.00 6,475.00 6,475.00 7,650.00 7,650.00 6,788.00 6,788.00 8,535.00 8,-,-,-,-,-,-,836.00 P. D. B. T&T Mr. Nader Khan Customs & Excise Chittagong Flour Mill Diamond Food Fouzi Flour Mill Bakhrabad Gas Systems WASA BGSL 10.00 DUE FROM AFFILIATED COMPANIES 30th Nov'2013 31st Oct'2013 Taka 167,-,-,-,039.20 Polytape Limited 11.00 CASH AND BANK BALANCES 30th Nov'2013 31st Oct'2013 Taka 499,-,-,-,-,918.64 1,046,-th Nov'2013 31st Oct'2013 Taka 3,906.39 3,906.39 5,961.94 5,-,-,-,-,834.00 1,513.75 1,-,-,-,-,913.93 Cash in hand Cash at Bank (Note-11.01) 11.01 Cash at Bank DBBL STD - MBL CD - Sonali Bank CD - 2132 DBBL-CC A/C- Premier CD-8202 Uttara Bank Ltd. STD - 14 Draft Accounts Nov'2013 (Ferdous) 43,-,-,-,-,-,-,-,-,-,-,-,000.00 5,126,-,-,706.00 7,018,445.29 14 12.00 INCOME TAX RECEIVABLE Accounting Year Assessment Year - Recoverable as per Ledger - Total Refund of Income Tax Receivable 18,-,-,-,-,-,-,288.00 1,047,-,-,075.00 1,638,391.40 1,406,-,599.88 7,346,524.71 Receivable as per demand notice of TAX Department 18,448 156,204 341,219 340,028 439,900 543,126 176,288 2,015,213 30th Nov'2013 31st Oct'2013 Taka 15,342,-,029,-,342,-,029,212.00 13.00 BANK OVERDRAFT AND LOANS Premier Bank CC A/C- 14.00 ADVANCE AGAINST SALES A.B ENTERPRISE Aboran Hossiery Abu Siddique Enterprise AFS Agro products AHMED & BROTHERS AK Soap ALEX TRADE INTERNATIONAL Alif Screen Print Aman Flour Mill Amu Bakery Ananya Traders Anwar & Brothers Arun Bakery Asia Bakery ATC Food Products Baby Mashala Baitush Sharaf Salt Crushing Banani Soap BANARAJ FOOD Bappy Food BEST CONSUMER PRODUCT Bismillah Bread Bristi Enterprise Brothers Crokeries Carraview printing Press Chamak Bakery Chokoria Flour Mills Colon Enterprise Draft Accounts Nov'2013 (Ferdous) -,-,-,920.00 1,000.00 4,-,-,939.20 1,-,-,-,000.10 1,-,999.25 2,141.50 15 Color Museum Comilla Soap Factory Compu System Computer King Cute Computer & Printers Dadu Braed Digital Poly Print Ltd. Dream Group Of Industries ELIAS BAKERY Enamul Hoque Danu EQUATION ENTERPRISE EXPOKNIT Faruqi Foods Faruqia Bakery Ferdous Stroe Flexo Point Food Festival Fulban Food Products GAZI NPKS COMPLEX H&M Tea House Haji Abdul Hakim Sawdagar Haji Fazal Ahmed Food Haji Lal Mia Salt Haque Bakery Harmony Healthcare Center Holly Trade Hoque Tea Hossain Food INFINITY ISMATHARA TRADING J&J Oil Co. Ltd. Jalalabad Salt Khan Enterprise Khawaja Food Knight Fashion Wear Ltd. M.E.C.Product Master Color Lab Matin Enterprise Md. Mahbub Alam Milk Food products MINION THREAD & ACCESSORIES Miskat Soap Factory Misti Bitan Mizanur Rahman MN Traders Model Bread Modina Thread Mohsen Awlia Store MOIN TRADERS Mostak Ahmed Mr. Azim Mr. Shohagh Multi Trade Int. N.B. Soap & Chemical Nayeem Enterprise New Diploma Foods New Jupitar Textile New Misti Mukh New Panta Salt Factory Niam Ent Nipa Enterprise Niribili Salt Noor Food Products Draft Accounts Nov'2013 (Ferdous) 1,250.00 2,843.50 5,000.00 2,-,-,-,131.68 3,488.45 2,-,008.00 1,476.50 8,000.00 2,-,079.25 2,000.00 6,600.00 8,-,-,-,317.20 1,623.00 5,-,194.00 1,-,-,344.00 1,-,-,000.00 6,137.00 4,250.00 7,806.00 3,778.00 4,-,796.40 6,000.00 1,-,700.00 3,069.85 1,600.00 16 North Bengal Foods Nur Soap & Chemical P&P Industries Ltd. Paharika Salt Parly Food Industries Pedrollo NK Ltd. Progress View Inter Prova Salt Pusti Salt Quazi Enterprises Ltd.(QA Group) Rahman & Co. Raima Traders Raj Dairy Ramgarh Tea estate Rana salt Rashed Dairy Farm Rawsan Store Real Fresh Food Reckitt Benckiser ltd. Rocky Food ROYAL AGRICULTURAL FOOD IND. LTD. Royal Textile S.S. Salt S.S. Tea House Sahara Chemical Works SAIMA TRADING Saleh Food Sandip Bakery Saudia Salt SB Traders Sha Amanat Tea Shah Omar Agro Food products Star Bangladesh Star Plastic Co. Sultania Soap Sunrise Food TAMANNA SALT Tanasur Corporation THE BANGLADESH TRADERS The National Foods Vast Thread Walton Tea Well Ent Zamazam Sweets 2,-,602.00 2,-,-,885.31 1,242.00 5,436.00 5,-,-,-,-,393.17 4,-,000.00 1,-,-,000.00 3,233.50 8,000.00 8,-,-,-,000.00 1,-,959.00 7,325.00 3,087.50 557,551.85 Draft Accounts Nov'2013 (Ferdous) 17 30th Nov'2013 31st Oct'2013 Taka 141,-,-,-,-,-,-,-,-,-,-,038.25 1,160.40 3,-,-,-,920.00 1,550.00 9,100.00 2,898,796.50 6,787,564.50 2,728,000.00 1,-,-,-,-,-,250.58 1,750.00 4,000.00 4,-,-,-,-,138.35 7,111,100.26 9,581,181.14 15.00 ACCOUNTS PAYABLE-IMPORT & DOMESTIC Liability for PF Contribution Saim Plastic Machinery Naseem Traders Shuvo Engineering Works Danish Industries (Pvt.) Ltd. Liability for C & F Vendor Siraj Stationery One Time Vendor Recyclene Bd. Ltd. Nararyangonj Traders Nabi & Brothers Saudi Basic Industries Bismillah Enterprise Rahimafrooz QC Trading Deduction at Source Tax R.S.R Traders Hossain Enteprise Aamra Network Sohel Engineering Works Mr. Anowar Hossain Howlader GL Balance Migration 30th Nov'2013 31st Oct'2013 Taka 617,-,-,-,-,-,-,-,000.00 2,143.00 1,736.00 8,600.00 8,-,-,-,-,081.00 1,805,026.40 1,448,244.65 16.00 PROVISIONS AND ACCRUALS Salary, Wages & Allowances Overtime Allowances Miscellaneous for VAT & Tax Electricity Expenses Canteen Expenses Mobile Phone Expenses Mobile Bill Deduction Proposed Increment Bank Loan Interest 30th Nov'2013 31st Oct'2013 Taka 17.00 SECURITY DEPOSITS PAYABLE Flavors Sweets & Bakers Draft Accounts Nov'2013 (Ferdous) 420,-,132.00 18 420,-,132.00 18.00 DUE TO AFFILIATED COMPANIES Pedrollo nk Ltd. Polyex Laminate Ltd. Pragati Corporation 21,975,448.33 1,365,-,984,-,325,331.00 30th Nov'2013 31st Oct'2013 Taka 19.00 COST OF GOODS SOLD Consumption of Raw Materials Add. Cosumption of Sub Materials Consumption of Block Making Materials Add. Block & Design expenses Total Block Expenses Less: Income from Block Making Gain/Loss on Block making Consumption of Spare Parts Consumption of Packing Material Materials Consumed Work In Progress Adjustment Finished Goods Adjustment Cost of Production Add: Manufacturing Expenses (N-19.01) Cost of Goods Sold 21,733,648.25 1,092,-,764,-,590,115.92 3,265,-,313.78 3,437,-,581.72 (11,-,828.00 4,177,-,-,774.11 4,252,723.83 1,195,931.57 5,448,655.40 (42,-,880.88 4,100,188.14 2,-,170.74 4,148,372.01 1,348,486.75 5,496,858.76 31,571.42 8,-,-,650.00 30th Nov'2013 31st Oct'2013 Taka 19.01 Manufacturing expenses Fuel Expenses Carriage Inward Electricity Expense Labour Charges Machine Maintenance Water Bill Salary & Allowances Bonus & Benefit Telephone Expenses Medical Expenses Conveyance Overtime Allowances Company's Contribution to PF Canteen Expenses Refreshment Depreciation Charity & Donation Mobile Phone Expenses Internet Charges Repair & Maintenance-Civil Miscellaneous Expenses Printing & Stationery Repair & Maintenance-Electrical Office Maintenance Draft Accounts Nov'2013 (Ferdous) 2,-,087.80 7,730.00 1,-,-,-,-,446.75 9,-,-,100.00 2,-,728.00 1,000.00 3,589.00 8,805.00 4,406.00 1,195,931.57 19 158,585.00 4,600.00 (2,895.60) 3,-,230.00 1,-,-,760.00 2,-,-,023.20 7,-,-,400.00 1,100.00 2,-,315.00 4,-,785.00 1,130.00 1,348,486.75 20.00 OFFICE AND ADMINISTRATIVE EXPENSES 30th Nov'2013 31st Oct'2013 Taka 117,-,416.91 3,-,-,-,610.95 2,691.05 2,691.05 2,824.40 2,159.65 6,417.31 6,-,300.00 9,087.18 9,087.18 3,065.00 1,-,642.50 1,642.50 7,313.00 7,313.00 4,167.00 4,-,-,-,-,416.21 Salary & Allowances Conveyance Overtime Allowance Bonus & Benefit Company's Contribution to PF Canteen Expenses Depreciation Mobile Phone Expens Director's Remuneration Printing & Stationery Miscellaneous Expenses Office Rent Software Expenses Audit & Professional Fee Fee & Others 21.00 SELLING, MARKETING AND DISTRIBUTION EXPENSES 30th Nov'2013 31st Oct'2013 Taka 27,812.00 1,-,205.00 1,-,-,-,555.00 9,128.00 6,611.00 3,989.00 4,990.00 3,052.35 3,703.35 1,420.00 1,520.00 2,220.00 2,345.00 5,794.37 5,987.55 5,200.00 4,400.00 8,985.90 9,- -,-,-,-,709.67 Fuel Expenses Labour Charges Carriage Outward Salary & Allowances Bonus & Benefit Conveyance Overtime Allowances Company's Contribution to PF Canteen Expenses Refreshment Depreciation Mobile Phone Expenses Miscellaneous Expenses Paper & Periodicals Postage & Telegram Telephone Expenses Bad Debt Printing & Stationery Repair & Maintenance Vehicle 30th Nov'2013 31st Oct'2013 Taka-,-,-,-,-,-,-,389.15 22.00 FINANCIAL EXPENSES Bank Charge Interest on Inter Concern Loan Interest-Overdraft & LTR 30th Nov'2013 31st Oct'2013 Taka 23.00 NON-OPERATING INCOME Total Rent Less.Depreciation Less: Maintenance Work(Flavors) Rental Income Interest from STD Account Miscellaneous Income Draft Accounts Nov'2013 (Ferdous) 213,-,-,-,-,929.97 20 90,-,975.95 30th Nov'2013 31st Oct'2013 Taka - 24.00 LIABILITY FOR LATR ACCOUNT Liability for MBL LTR Account-) liability For DBBL LATR Account-) 30th Nov'2013 31st Oct'2013 Taka - 25.00 RETROSPECTIVE ADJUSTMENTS Depreciation of Gas Generator adjusted Sanitary Works By Fashion of Wales Bank Account closing amount adjusted Overprovision of EL Adjusted Invoice recorded of Sunrise Food Defective Product of New Bengal & Progati Tex Sales Commision Adjustment Group Insurance Settled - Draft Accounts Nov'2013 (Ferdous) 21 - POLYPRINT LIMITED Productwise Sales Details For the month of Nov'2013 Si No- Particulars HM PRINTED FINISH GOODS HM PLAIN FINISH GOODS PP PRINTED FINISH GOODS PP PLAIN FINISH GOODS LDPE PRINTED FINISH GOODS EMPTY PLASTIC INK DRUM (20 KGS) RE-CYCLENE PP WATER AS FINISHED GOODS RE-CYCLENE HDPE MIXING AS FINISHED GOODS RE-CYCLENE HDPE YELLOW AS FINISHED GOODS WASTAGE (ALL) EMPTY STEEL INK DRUM (20 KGS) EMPTY PLASTIC BAG EMPTY REDUCER DRUM 165 KG (STEEL) Total Sales Less: Sales Return Less: VAT amount provided by customers Gross Sales Qty(Kg/pc) 9,538.80 3,581.45 9,- Value(Tk.) 2,675,-,616.91 2,684,-,-,431.00 1,-,-,-,-,-,400.00 6,260,-,977.00 6,228,-,941.02 6,165,476.47 Per Kg/Pc-