Singer Bangladesh Limited

Statement of Financial Position (Un-audited)

Consolidated Company
31 March 31 December 31 March 31 December
′
n gD Ta々 α 2019 2018 2019 2018

Assets
Property, plant and equipment 3 1,395′ 632′ 342 1,411′ 211′ 583 1,044′ 845′ 204 1,051,032,994
Intangible assets 4 34,028,195 35,472,985 33,919,031 35,360′ 822
Right-Of-Use (ROU) Asset 23 974′ 178,670 - 871,759,000 -
nvestments
I 5 4′ 199′ 450 4′ 199,450 693,000,045 355,987,045
Deferred tax assets 6 25,482′ 819 26′ 507′ 800 47′ 087′ 893 45′ 639′ 652
DepOsits and prepayments 7 359,000,252 337′ 712,006 347,697′ 817 325,807′ 679
Non‐ current assets 2,792,521,728 1,815,103′ 824 3,038,308,990 1′ 813′ 828,192

1nventories 8 4′ 534′ 862,343 3,897′ 325′ 730 3′ 793′ 838,992 3′ 331′ 004′ 600
Trade and other receivables 9 2,466′ 990′ 514 2,225,136′ 036 2′ 549′ 880,263 2′ 343,454,268
Advances, deposits and prepayments 7 265,479′ 647 256′ 024′ 530 245,208′ 313 213′ 772′ 718

Current tax assets lθ lll,380,102 98′ 490,242

Cash and cash eouivalents ll 141,726,659 194′ 532′ 817 141′ 380′ 293 193′ 843′ 156
Current assets 7,520,439,265 6′ 671,509,355 6,730′ 307,861 6,082′ 074′ 742
Total assets 10,312,960,993 8,486′ 613′ 179 9,768,616,851 7,895,902,934

Equity
Share capital 12 766,944,910 766′ 944,910 766′ 944,910 766,944,910
Reserves 572,090,375 573,075,690 572,090,375 573,075,690
Retained earnings 732,711,217 971,039′ 498 1′ 023′ 552,206 __977,927′ 706
attributable to owners of the 502 2.311.060,098 2,362,587,491 2,317,948,306
Non-controllins interest ‐ 66,518,445
Total equity 2,071,746,502 2,377,578,543 2,362,587,491 2,317,948,306

Liab‖ ities
Long term debt l13 37,150,985 37,150,985
Lease Liability 2.3 1,150,041,489 1,026′ 645,145
Other liabilities 14 1,692′ 54■,480￢ 郷 ′ 064“ 52-1′ 692′ 541′ 480 1,688,064′ 652
Non-current liabilities 2,879,733,954 1,725,215,637 2,719,186′ 625 1,688,064′ 652
Trade and other payables I15 1,463′ 202,930 1,646′ 432,946 1′ 444,128,752 1′ 712,236′ 302
Short-term borrowings - secured 3,889,676′ 451 2,728,664,213 3′ 181,307,503 2,118′ 835,001
Current tax liabilities lθ 61,406,480 58,818′ 673
Short term‖ ab‖ itv 8,601,156 8,721,840
Current!iab‖ ities 5,361,480,537 4′ 383′ 818′ 999 4′ 686′ 842,735 3′ 889′ 889′ 976
Total equ■ y and‖ aЫ ‖Jes 10,312,960,993 8,486′ 613,179 9′ 768,616′ 851 7,895,902′ 934

Net Assets Value Per Share (NAVPS) 27.01 3013 30,81 3022

for and on behalf of the Board of Directors of Singer Bangladesh Limited

Akram Uddin Aド med

Chief Financia1 0fficer

臨
鰍
Director
nw
酵
lvtotrimmid sanaullah
Company Secretary

Dated: 13 May 2019

 Singer Bangladesh Limited
Statement of Profit or Loss and other Comprehensive Income (Un-audited)

2018 2019
′
"3D Takα 2,750,923,603 2,341,515′ 087 2,750′ 923,603 2,341′ 515′ 087
Sales
26,026,319 16,956′ 484 26026,319 16′ 956,484
Eamed carrylng charges______一 一―――一――――――――――――一― ギ■写喜←――一二 半 ■■――一―一三
=響
2,776,949,922 2′ =■
358,471′ 571 "_´ ^"^^・ ら 2,358,471,571
2,776,949,922
ヽうroヵ ￢ ビ,■
Turnover =羊
{1,953,000′ {1′ 667,800′ 410) 13′ 336) (1,714′ 371′ 975)
Cost of sales
823,949,779 690,671,161 80Q536,586 644,099′ 596
Gross
(51Q340,006) (454′ 684′ 568) (505′ 320,044} {449,105,482)
Operating expenses
{11,835,886) 1,681′ 805 (1■ 690,412) 680,059
Other
301,773,887 237,668′ 398 28Q526,130 195,674′ 173
43,851 43′ 851 43′ 851 43,851
Finance income
(106,746,041) (52′ 420,239) {87,071,921) {40,657′ 310)
Finance costs
106′ 702,190)
〔 (52,376′ 388) {87,028,070) (40,613,459)
Net finance costs
Share of profit/(loss) of equity-accounted investees, net of tax
195,071,697 185,292,010 193,498,060 155′ 060,714
Profit before contribution to workers' profit participation fund
674,903) 753′ 036)
′
Contribution to workers' profit participation fund {10,118,341) (9′

184,953,356 176′ 309,529 183,823,157 147′307,678

Profit before taxation
{62,289,454) (53,772′ 144) 15● 738,6481 (44′ 174,725)
lncome tax
122′ 663,902 122′ 537′ 385 129′ 084,509 103′ 132,953
Profit after tax
Profit attributable to
122,663,902 119,399,924
Equity holders of the Company (SBL)
Non― controling interest
3,137,461
122′ 663,902 122,537′ 385

Other comprehensive income

Items that will not be reclassified to profit or loss

Total income for the period 122,663′ 902 122,537.385 129′ 084′ 509 103,132,953

Total comprehensive income attributable to:

Equity holders of the Company (SBL)
Profit after tax 122′ 663′ 902 119,399′ 924

Other comprehensive income

122,663,902 119′ 399,924

Non-controllinE interest
Profit after tax 3,137,461

Other comorehensive income

3,137′ 461

Total comprehensive income for the period 122,663,902 122′ 537,385

Earninss Per Share (EPS) 17 156 134

for and on behalf of the Board of Directors of Singer Bangladesh Limited

4
Akram Uddin Ahmed
Chief F nancia Officer

:r∫ さ は ￨}(lar
Director Cornpany Secretary

Dated:13 May 2019

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 Singer Bangladesh Limited
Statement of cash flows (Un-audited)

For the half year ended 31 March

Consolidated Company
rn 3D Ta々 α 2019 2018 2019 2018

Cash flows from operating activities

2′ 892,101,535 2,812,193′ 839 2,901,767,239 2′ 247′ 586,818

Collectlons from turnover and other income
Payments for costs and expenses (3,596′ 598,436) 13′ 309,584′ 235) 13,550,834,747} {2,698,967,428)

Interest paid on borrowlngs {108,571′ 627} 141,776′ 388) {86,028,070) (39,113′ 459)
{64,466,466) (32,132′ 917) 164′ 466′ 466, (32,132′ 917)
Pavments to workers' profit participation fund
Income tax pald {73,825,895) (83′ 434,908} 〔
53,270,643, (62′ 865,340)

● es iン ,■ ′●●υ′00フ ′
1951,360,889, (654,734′ 609)
、υ」十 ′′Э十 ′υ Vフ ′ 1852′ 832,687}
1● J●・′0● ′
`'V● ′
(585,492,326)
、ν υ ノ′￢ ′ ψ
`V′
Net casll!:oni opelatillg acJ宙 `′

Cash flows from investing activities

Acquisition of property, plant and equipment {11,125,130} (58,300,595) 110,890,985} (6,250,711)

Encash in short term/term deposits

‐ 940) ‐
Investment in subsidiary {250′ 751,940} {250,751′

Dividend Received from CDBL

Proceeds from sale of propertv, plant and equipment
Net cash from/{used in}inVesung activ■ ies 261′ 877,070) {58,300,595) 1261,642,925) 16,250,711)
〔

Cash flows from financing activities

{120,684} (278,308,039) ‐
Term loan received/(repayment)
{459,753) {110,501) 1459,753} {110,501)
Net cash used in financing activities {580,437) (278,418,540) {459,753} {110,501)
{1,213′ 818,396) (991′ 453,744) {1,114,935,365, (591,853′ 538)
Net increase/(decrease) in cash
Cash and cash equivalents at 1 January {2,534′ 131,396〕 {1,384,105,201) 11,924,991,845〕 {1,254′ 858,090)

Acouisition of of Business
Cash and cash equ市 alents at 31 March {3,747,949,792} (2,375,558,945) {3,039,927′ 210) (1′ 846,711′ 628)

Closing cash and cash equivalents have been arrived at as follows:

Cash and cash equivalents 141,726′ 659 178,011′ 564 141,380,293 177,865,112
Short term borrowings_secured(bank oVerdrafts) 1● ′。。ソ
{3,889′′0′ 451}′(2′
0′ 4D工
676′ ビ′ ,D′ υ′
553,570,509)
DD● , 1● ′ ′
13,181′ ●V′ ′
307,503, 4,V`"′ 」
、
DV● ′(2,024′ ′υ′′彎V′
576,740)
'Vン `0■
{3,747,949′ 792} {2,375′ 558,945) 13,039,927,210} (1,846′ 711,628}

Net Operating Cash F!ow perShare{NOCFPS) 19 (12.40) (854) {11.12) (763)

for and on behalf of the Board of Directors of Singer Bangladesh Limited

Akra蝙
S-C4'
A F Nesaruddin
Chief Financia1 0fficer Director

繊
Dr.Syed Ferhat Anwar
Director
Mohamrnad Sanaullah
Company Secretary

Dated1 30 Apri1 2018