Assets 2013 2014 2015 2016 2017

Cash 2,142,260 1,822,748 1,268,475 109,414 161,573

Balance with Bangladesh
Bank 13,664,359 1,934,807 778,664 4,673,318 1,434,127
Balance with others banks 78,854,155,986 95,575,695,956 106,409,261,649 94,098,277,002 77,165,742,495
Investment 267,000,000 267,000,000 267,000,000 260,500,000 260,500,000
Loans & Advances 87,707,167,495 91,643,316,531 101,085,978,600 123,829,293,751 152,044,335,264
Current asset 166,844,130,100 187,489,770,042 207,764,287,388 218,192,853,485 229,472,173,459
Fixed Assets including
Land,Building,Furniture &
Fixtures 1,408,734,663 1,427,527,508 1,418,974,199 1,410,924,723 1,417,866,726
investment Property 101,389,589 98,983,681 93,792,650 85,630,085 83,375,361
Other Assets 10,582,321,620 11,945,170,101 11,608,389,116 9,671,496,213 8,645,638,854
TOTAL PROPERTY AND
ASSETS 178,936,575,972 200,961,451,332 220,885,443,353 229,360,904,506 239,619,054,400
Annual asset Growth 12.31% 9.91% 3.84% 4.47%
Liabilities          
Borrowings from banks
and other institutions 1,402,853,805 1,340,795,872 1,278,737,940 1,216,699,451 1,370,217,820
Members deposit 92,211,006,823 105,862,740,768 118,877,040,451 128,934,773,739 141,056,140,660
Non-members deposit 56,334,947,294 64,138,573,507 70,927,407,594 70,872,186,204 67,291,475,455
Other funds 5,811,822,546 5,932,265,445 5,793,188,301 5,748,342,294 5,496,394,911
Deposits and other
funds 154,357,776,663 175,933,579,720 195,597,636,346 205,555,302,237 213,844,011,026
Other liabilities 12,776,050,436 13,044,213,975 12,781,800,302 10,243,326,387 10,116,302,736
Total Liabilities 168,536,680,904 190,318,589,567 209,658,174,588 217,015,328,075 225,330,531,582

Shareholders Funds          
Paid-Up Capital 734,049,100 796,240,000 835,814,300 853,815,400 862,157,100
Capital and other
reserves 8,327,197,401 8,377,973,198 8,922,805,898 9,893,856,754 11,564,606,061
Retained surplus 1,338,648,567 1,468,648,567 1,468,648,567 1,597,904,277 1,861,759,657
Total Shareholders'
equity 10,399,895,068 10,642,861,765 11,227,268,765 12,345,576,431 14,288,522,818
TOTAL LIABILITIES AND
SHAREHOLDERS'
EQUITY 178,936,575,972 200,961,451,332 220,885,443,353 229,360,904,506 239,619,054,400
Particular 2013 2014 2015 2016 2017
OPERATING
INCOME
25,969,6 27,059,1 27,812,3 29,538,2 32,389,0
Interest income 57,099 45,545 63,027 61,167 33,979
LESS:
Interest/profit
paid on deposits
& borrowings 13,633,7 15,007,4 16,021,4 15,180,4 15,819,8
etc 93,417 74,608 53,693 56,053 30,377
Net interest 12,335,8 12,051,6 11,790,9 14,357,8 16,569,2
income 63,682 70,937 09,334 05,114 03,602
Dividend income
from share 35,165,0 5,000,00 37,447,2 72,657,9 45,380,6
investments 00 0 57 71 36
1,208,71 1,958,70 3,501,91 2,504,61 2,700,71
Other income 6,807 3,527 1,024 5,661 0,538
Total operating 13,579,7 14,015,3 15,330,2 16,935,0 19,315,2
income 45,489 74,464 67,615 78,746 94,776
LESS: Operating
expenses
Salaries and
other related 5,616,65 6,140,54 7,572,16 11,027,3 11,664,0
expenses 2,020 0,015 3,877 93,328 71,246
Rent, rates,
taxes, vehicle
insurance, 161,926, 173,849, 201,156, 218,771, 231,632,
utilities etc. 595 019 657 193 166
Legal,
professional fees 284,275, 300,605, 303,861, 368,944, 405,162,
and others 042 278 532 985 388
1,608,55 1,564,00 1,569,75 1,569,75 1,569,75
Auditors’ fees 0 0 0 0 0
Stationery,
printing,
advertisement 120,590, 129,901, 116,221, 92,088,5 99,699,7
etc. 673 004 500 62 93
Directors’
remuneration 108,000 218,000 114,000 342,000
Repairs &
maintenance of 53,969,0 65,338,6 18,187,8 18,116,2 51,907,5
fixed assets 78 88 04 17 13
Depreciation of
fixed assets 62,498,1 60,691,1 121,114, 1,533,65 58,817,2
(Annexure-A) 38 76 394 0 42
Depreciation of
investment
property 2,405,90 2,405,90 1,452,75 109,865, 18,145,6
(Annexure-B) 8 8 0 414 15
Other expenses 1,830,73 1,933,84 1,775,76 1,713,99 1,889,81
 3,613 5,933 8,410 1,059 4,618
Total operating 8,134,76 8,808,95 10,111,4 13,552,3 14,421,1
expenses 7,617 9,021 96,674 88,158 62,331
Profit before 5,444,97 5,206,41 5,218,77 3,382,69 4,894,13
provision(EBIT) 7,872 5,443 0,941 0,588 2,445
Provisions for
loans and 4,112,07 4,770,40 5,194,43 1,989,76 2,618,83
advances 9,124 4,200 3,328 7,532 7,361
Specific 4,076,73 4,847,85
N/A N/A N/A
provision 9,669 8,342
General 35,339,4 77,454,1
N/A N/A N/A
provision 55 42
1,332,89 436,011, 24,337,6 1,392,92 2,275,29
NET PROFIT 8,748 243 13 3,056 5,084

Liquidity Ratio
  2013 2014 2015 2016 2017
Current Ratio 1.08 1.07 1.06 1.06 1.07
Cash Ratio 0.00010 0.00002 0.00001 0.00002 0.00001
           
Financial Leverage ratio 2013 2014 2015 2016 2017
Total debt ratio 0.94 0.95 0.95 0.95 0.94
Debt-equity ratio 15.21 16.88 17.67 16.58 14.77
Times interest earned ratio 0.21 0.19 0.19 0.11 0.15
           
Turnover Ratio 2013 2014 2015 2016 2017
Total Asset Turnover 0.07 0.06 0.05 0.06 0.07
Capital intesity 14.51 16.67 18.73 15.97 14.46
           
Profitability Ratio 2013 2014 2015 2016 2017
Profit Margin 0.11 0.04 0.00 0.10 0.14
Return On Assets (ROA) 0.007 0.002 0.000 0.006 0.009
Return On Equity(ROE) 12.82% 4.10% 0.22% 11.28% 15.92%

DuPont Analyis 2013 2014 2015 2016 2017

tax Burden 0.24 0.08 0.00 0.41 0.46

Interest Burden 1.00 1.00 1.00 1.00 1.00

EBIT Margin 0.44 0.43 0.44 0.24 0.30

Net Profit Margin(operating
efficiency) 0.52 0.52 0.55 0.57 0.60
Asset turnover(Asset use
efficiency) 0.07 0.06 0.05 0.06 0.07
ROE 0.39% 0.11 0.01% 0.35% 0.57%
 %

Volatility      
Mean SD CV

Revenue 28,553,692,163 2,506,975,202 0.09

operating Expense 11,005,754,760 2,829,245,781 0.26

Net income 1,092,293,149 883,034,249 0.81

213,952,685,91 24,182,322,72
Total assets 3 0 0.11

24,182,322,72
Equity 11,780,824,969 0 2.05

  2013 2014 2015 2016 2017

% change in revenue 0.04 0.03 0.06 0.10
% Change in EBIT   -0.04 0.00 -0.35 0.45
Degree of Operating
Leverage(DOL) -1.04 0.09 -5.67 4.63
Degree of Financial
Leverage(DFL)   -0.96 11.73 -0.18 0.22
Degree of Total
Leverage(DTL) 1.00 1.00 1.00 1.00

Altman Z Score

x1 0.004
x2 0.007
x3 0.030
x4 0.062
X5 0.0689
Altman Z-Score 0.2218
 CAGR Analysis
Revenue 4.5%
Net income 11.3%
Asset 6.0%
 Current Ratio

1.08

1.07 Current Ratio

1.07
1.06 1.06

Cash Ratio
0.00012
0.00010
0.00010

0.00008
Cash Ratio
0.00006

0.00004
0.00002 0.00002
0.00002 0.00001 0.00001

0.00000
1 2 3 4 5
 Debt-equity ratio
18.00 17.67
17.50
16.88
17.00
16.58
16.50
16.00
15.50 15.21 Debt-equity ratio
15.00
14.77
14.50
14.00
13.50
13.00
1 2 3 4 5

Total debt ratio

0.95 0.95
0.95 0.95
0.95
0.95
0.94 0.94
0.94
0.94 Total
0.94 debt
0.94 ratio
0.94
0.93
1 2 3 4 5
 Times interest earned ratio
0.25
0.21
0.19 0.19
0.20
Times
0.15 0.15 interes
t
0.11 earned
0.10 ratio

0.05

0.00
1 2 3 4 5

0.07
0.07 Total Asset 0.07
Turnover
0.06 0.06
0.06
0.05
0.05

0.04

0.03 Total Asset Turnover

0.02

0.01

0.00
1 2 3 4 5
 Capital intesity
20.00 18.73
18.00 16.67
16.00 14.51 15.97
14.00 14.46
12.00
10.00 Capital intesity
8.00
6.00
4.00
2.00
0.00
1 2 3 4 5

Profit Margin
0.14 0.14

0.12 0.11
0.10 0.10

0.08 Profit Margin

0.06
0.04
0.04
0.02
0.00
0.00
1 2 3 4 5
 Return On Assets (ROA)
0.010 0.009 Retur
0.009 n On
0.008 0.007 Asset
s
0.007 (ROA
0.006 0.006 )
0.005
0.004
0.003 0.002
0.002
0.001
0.000
0.000
1 2 3 4 5

Return On Equity(ROE)
15.92%
16.00%
14.00% 12.82%
12.00% 11.28% Return
On
10.00% Equity(R
8.00% OE)
6.00%
4.10%
4.00%
2.00%
0.22%
0.00%
1 2 3 4 5
 Degree of Total Leverage(DTL)
1.00 1.00 1.00 1.00
1.00
0.90
0.80 Degree of
0.70 Total
Leverage(DTL
0.60 )
0.50
0.40
0.30
0.20
0.10
0.00
1 2 3 4

DuPont Analyis ROE

2500

2000

1500

1000

500

0
ROE
1 2 DuPont Analyis
3 4 5
 Mean
250,000,000,000 Me
an
200,000,000,000

150,000,000,000

100,000,000,000

50,000,000,000

0
1 2 3 4 5
 CV
2.50

2.00 2.05

1.50
CV
1.00 0.81
0.50 0.26
0.09
- 0.11
1 2 3 4 5

Altman Z-Score
0.2500 0.2218

0.2000

0.1500 Altman Z-Score

0.1000

0.0500

0.0000
1