GPH ISPAT LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2018 Taka 30 June 2017 Taka

Assets
Non Current Assets 14,093,479,693 4,746,153,926
Property, Plant & Equipment 2,433,275,880 1,645,280,683
Capital Work in Progress 11,285,676,865 2,735,692,870
Intangible Asset 1,164,431 999,000
Investment 373,362,517 364,181,373
Current Assets 8,600,764,720 8,120,052,898
Short Term Investment 1,886,025,036 2,443,736,696
Advances,Deposits & Prepayments 1,993,941,113 1,110,464,916
Inventories 2,862,785,186 2,454,596,463
Trade Receivables 1,633,664,201 1,799,922,366
Cash & Cash Equivalents 224,349,184 311,332,457
Total Assets 22,694,244,413 12,866,206,824
Equity and Liabilities
Shareholder Equity 5,528,937,420 5,035,603,612
Share Capital 3,274,425,000 3,118,500,000
Share Premium 1,136,440,000 1,136,440,000
Unrealized Gain or Loss on Tradeable securities 22,350,684 16,679,301
Retained Earnings 1,095,721,736 763,984,311
Non Cureent Liabilities 8,588,537,548 1,948,609,409
Long term Loan 8,359,030,241 1,720,967,205
Finance Lease Obligation 75,413,042 101,164,102
Deferred Tax Liabilities 154,094,265 126,478,102
Current Liabilities and Provision 8,576,769,445 5,881,993,803
Current Portion of Long Term Loan 280,862,291 60,340,400
Current Portion Of Financial Lease Obligation 25,931,192 22,001,232
Short term Borrowings 7,254,491,296 4,971,423,126
Creditors and Accruals 841,587,359 644,846,114
Provision for Tax 173897307 183,382,931
Total Shareholders Equity & Liabilities 22,694,244,413 12,866,206,824
 Horizantal Analysis

30 June 2016 Taka 30 June 2018 Taka

Assets
2,107,531,015 Non Current Assets 568.72%
1,537,845,553 Property, Plant & Equipment 58.23%
254,959,924 Capital Work in Progress 4326.45%
1,161,000 Intangible Asset 0.30%
313,564,538 Investment 19.07%
8,186,724,848 Current Assets 5.06%
308,794,493 Short Term Investment 510.77%
1,060,118,605 Advances,Deposits & Prepayments 88.09%
3,063,485,982 Inventories -6.55%
1,122,973,036 Trade Receivables 45.48%
2,631,352,732 Cash & Cash Equivalents -91.47%
10,294,255,863 Total Assets 120.46%
Equity and Liabilities
4,819,087,643 Shareholder Equity 14.73%
3,118,500,000 Share Capital 5.00%
1,136,440,000 Share Premium 0.00%
(2,753,307) Unrealized Gain or Loss on Tradeable securities -911.78%
566,900,950 Retained Earnings 93.28%
457,038,391 Non Cureent Liabilities 1779.17%
323,073,319 Long term Loan 2487.35%
18,808,970 Finance Lease Obligation 300.94%
115,156,102 Deferred Tax Liabilities 33.81%
5,018,129,829 Current Liabilities and Provision 70.92%
47,613,367 Current Portion of Long Term Loan 489.88%
14,017,261 Current Portion Of Financial Lease Obligation 84.99%
4,254,214,515 Short term Borrowings 70.52%
591,253,677 Creditors and Accruals 42.34%
111,031,009 Provision for Tax 56.62%
10,294,255,863 Total Shareholders Equity & Liabilities 120.46%
 Vertical Analysis

30 June 2017 Taka 30 June 2016 Taka

Assets
125.20% Non Current Assets
6.99% Property, Plant & Equipment
972.99% Capital Work in Progress
-13.95% Intangible Asset
16.14% Investment
-0.81% Current Assets
691.38% Short Term Investment
4.75% Advances,Deposits & Prepayments
-19.88% Inventories
60.28% Trade Receivables
-88.17% Cash & Cash Equivalents
24.98% Total Assets
Equity and Liabilities
4.49% Shareholder Equity
0.00% Share Capital
0.00% Share Premium
-705.79% Unrealized Gain or Loss on Tradeable securities
34.77% Retained Earnings
326.36% Non Cureent Liabilities
432.69% Long term Loan
437.85% Finance Lease Obligation
9.83% Deferred Tax Liabilities
17.21% Current Liabilities and Provision
26.73% Current Portion of Long Term Loan
56.96% Current Portion Of Financial Lease Obligation
16.86% Short term Borrowings
9.06% Creditors and Accruals
65.16% Provision for Tax
24.98% Total Shareholders Equity & Liabilities
30 June 2018 Taka 30 June 2017 Taka 30 June 2016 Taka

62.10% 36.89% 20.47%

10.72% 12.79% 14.94%
49.73% 21.26% 2.48%
0.01% 0.01% 0.01%
1.65% 2.83% 3.05%
37.90% 63.11% 79.53%
8.31% 18.99% 3.00%
8.79% 8.63% 10.30%
12.61% 19.08% 29.76%
7.20% 13.99% 10.91%
0.99% 2.42% 25.56%
100.00% 100.00% 100.00%
0.00% 0.00% 0.00%
24.36% 39.14% 46.81%
14.43% 24.24% 30.29%
5.01% 8.83% 11.04%
0.10% 0.13% -0.03%
4.83% 5.94% 5.51%
37.84% 15.15% 4.44%
36.83% 13.38% 3.14%
0.33% 0.79% 0.18%
0.68% 0.98% 1.12%
37.79% 45.72% 48.75%
1.24% 0.47% 0.46%
0.11% 0.17% 0.14%
31.97% 38.64% 41.33%
3.71% 5.01% 5.74%
0.77% 1.43% 1.08%
100.00% 100.00% 100.00%
 GPH ISPAT LIMITED
STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE I
30 June 2018 Taka 30 June 2017 Taka 30 June 2016 Taka
Gross Revenue 9,923,406,006 7,955,715,990 5,843,411,764
Value Added Tax 109,304,886 116,149,952 99,803,088
Net Revenue 9,814,101,120 7,839,566,038 5,743,608,676
Cost of Sales 8,211,556,579 6,465,845,702 4,783,440,644
Gross Profit 1,602,544,541 1,373,720,336 960,168,032
Operaing Expenses
Administrative Expenses 150,634,386 127,880,015 106,251,330
Selling & Distibuition Expence 175,643,139 151,075,061 100,172,476
Operating Profit 1,276,267,016 1,094,765,260 753,744,226
Financial Expenses 566,614,721 493,780,124 398,754,106
Non Operating Income 173,405,115 200,927,742 53,562,993
393,209,606 292,852,382 345,191,113
Profit befor Distribution of WPP & WF 883,057,410 801,912,878 408,553,113
Contribution to WPP & WF 44,152,871 40,095,644 20,427,656
Profit before Tax & Reserve 838,904,539 761,817,234 388,125,457
Income tax expense or benefits
Current 167,700,951 179,191,873 88,022,624
Deferred 27,616,163 11,322,000 10,483,017
195,317,114 190,513,873 98,505,641
Profit after Tax 643,587,425 571,303,361 289,619,816
Other comprehensive income
Unrealized Gain or Loss 5,671,383 19,432,608 2,753,307
Total comprehensive income 649,258,808 590,735,969 286,866,509
 Horizontal Analysis
SS & OTHER COMPREHENSIVE INCOME
30 June 2018 Taka
Gross Revenue 69.82%
Value Added Tax 9.52%
Net Revenue 70.87%
Cost of Sales 71.67%
Gross Profit 66.90%
Operaing Expenses
Administrative Expenses 41.77%
Selling & Distibuition Expence 75.34%
Operating Profit 69.32%
Financial Expenses 42.10%
Non Operating Income 223.74%
0 13.91%
Profit befor Distribution of WPP & WF 116.14%
Contribution to WPP & WF 116.14%
Profit before Tax & Reserve 116.14%
Income tax expense or benefits
Current 90.52%
Deferred 163.44%
0 98.28%
Profit after Tax 122.22%
Other comprehensive income
Unrealized Gain or Loss 105.98%
Total comprehensive income 126.33%
 Vertical Analysis

30 June 2017 Taka 30 June 2016 Taka

36.15% Gross Revenue
16.38% Value Added Tax
36.49% Net Revenue
35.17% Cost of Sales
43.07% Gross Profit
Operaing Expenses
20.36% Administrative Expenses
50.81% Selling & Distibuition Expence
45.24% Operating Profit
23.83% Financial Expenses
275.12% Non Operating Income
-15.16% 0
96.28% Profit befor Distribution of WPP & WF
96.28% Contribution to WPP & WF
96.28% Profit before Tax & Reserve
Income tax expense or benefits
103.57% Current
8.00% Deferred
93.40% 0
97.26% Profit after Tax
Other comprehensive income
605.79% Unrealized Gain or Loss
105.93% Total comprehensive income
30 June 2018 Taka 30 June 2017 Taka 30 June 2016 Taka

100.00% 100.00% 100.00%

83.67% 82.48% 83.28%
16.33% 17.52% 16.72%
0.00% 0.00% 0.00%
1.53% 1.63% 1.85%
1.79% 1.93% 1.74%
13.00% 13.96% 13.12%
5.77% 6.30% 6.94%
1.77% 2.56% 0.93%
4.01% 3.74% 6.01%
9.00% 10.23% 7.11%
0.45% 0.51% 0.36%
8.55% 9.72% 6.76%
0.00% 0.00% 0.00%
1.71% 2.29% 1.53%
0.28% 0.14% 0.18%
1.99% 2.43% 1.72%
6.56% 7.29% 5.04%
0.00% 0.00% 0.00%
0.06% 0.25% 0.05%
6.62% 7.54% 4.99%
 GPH ISPAT LIMITED
STATEMENT OF FINANCIAL POSITION
30 June 2018 Taka 30 June 2017 Taka
Assets
Non Current Assets 14,093,479,693 4,746,153,926
Property, Plant & Equipment 2,433,275,880 1,645,280,683
Capital Work in Progress 11,285,676,865 2,735,692,870
Intangible Asset 1,164,431 999,000
Investment 373,362,517 364,181,373
Current Assets 8,600,764,720 8,120,052,898
Short Term Investment 1,886,025,036 2,443,736,696
Advances,Deposits & Prepayments 1,993,941,113 1,110,464,916
Inventories 2,862,785,186 2,454,596,463
Trade Receivables 1,633,664,201 1,799,922,366
Cash & Cash Equivalents 224,349,184 311,332,457
Total Assets 22,694,244,413 12,866,206,824
Equity and Liabilities
Shareholder Equity 5,528,937,420 5,035,603,612
Share Capital 3,274,425,000 3,118,500,000
Share Premium 1,136,440,000 1,136,440,000
Unrealized Gain or Loss on Tradeable securities 22,350,684 16,679,301
Retained Earnings 1,095,721,736 763,984,311
Non Cureent Liabilities 8,588,537,548 1,948,609,409
Long term Loan 8,359,030,241 1,720,967,205
Finance Lease Obligation 75,413,042 101,164,102
Deferred Tax Liabilities 154,094,265 126,478,102
Current Liabilities and Provision 8,576,769,445 5,881,993,803
Current Portion of Long Term Loan 280,862,291 60,340,400
Current Portion Of Financial Lease Obligation 25,931,192 22,001,232
Short term Borrowings 7,254,491,296 4,971,423,126
Creditors and Accruals 841,587,359 644,846,114
Provision for Tax 173897307 183,382,931
Total Shareholders Equity & Liabilities 22,694,244,413 12,866,206,824
30 June 2016 Taka

2,107,531,015
1,537,845,553
254,959,924
1,161,000
313,564,538
8,186,724,848
308,794,493
1,060,118,605
3,063,485,982
1,122,973,036
2,631,352,732
10,294,255,863

4,819,087,643
3,118,500,000
1,136,440,000
(2,753,307)
566,900,950
457,038,391
323,073,319
18,808,970
115,156,102
5,018,129,829
47,613,367
14,017,261
4,254,214,515
591,253,677
111,031,009
10,294,255,863
 GPH ISPAT LIMITED
STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE I
30 June 2018 Taka 30 June 2017 Taka 30 June 2016 Taka
Gross Revenue 9,923,406,006 7,955,715,990 5,843,411,764
Value Added Tax 109,304,886 116,149,952 99,803,088
Net Revenue 9,814,101,120 7,839,566,038 5,743,608,676
Cost of Sales 8,211,556,579 6,465,845,702 4,783,440,644
Gross Profit 1,602,544,541 1,373,720,336 960,168,032
Operaing Expenses
Administrative Expenses 150,634,386 127,880,015 106,251,330
Selling & Distibuition Expence 175,643,139 151,075,061 100,172,476
Operating Profit 1,276,267,016 1,094,765,260 753,744,226
Financial Expenses 566,614,721 493,780,124 398,754,106
Non Operating Income 173,405,115 200,927,742 53,562,993
393,209,606 292,852,382 345,191,113
Profit befor Distribution of WPP & WF 883,057,410 801,912,878 408,553,113
Contribution to WPP & WF 44,152,871 40,095,644 20,427,656
Profit before Tax & Reserve 838,904,539 761,817,234 388,125,457
Income tax expense or benefits
Current 167,700,951 179,191,873 88,022,624
Deferred 27,616,163 11,322,000 10,483,017
195,317,114 190,513,873 98,505,641
Profit after Tax 643,587,425 571,303,361 289,619,816
Other comprehensive income
Unrealized Gain or Loss 5,671,383 19,432,608 2,753,307
Total comprehensive income 649,258,808 590,735,969 286,866,509
SS & OTHER COMPREHENSIVE INCOME