Annual 2 0 1 6 - 1 7: Anlima Yarn Dyeing Limited

ANNUAL
REPORT
2 0 1 6 -1 7
Anlima Yarn Dyeing Limited

Corporate Philosophy
Corporate Profile
Business & Products
Notice of the 22nd AGM
Chairperson’s Message
Directors’ Report
Photo Gallery
Five Years Statistics &

Value Added Statement
Key Performance Indicators
Audit Committee Report
Certificate from CEO & CFO

Certificate from
Professional Accountants
Corporate Governance
Compliance Report
Auditors’ Report
Statement of Financial Position

Statement of Profit or Loss &
Other Comprehensive Income
Statement of
Changes in Equity
Cash Flow Statement
Notes to the
Financial Statements
Attendance Slip and
Proxy Form
Philosophy
Our relentless endeavor is towards

contributing to the national economic
advancement in a global context by
enhancing the country’s image as an
international provider of quality products
Vision and services.
To strive hard to be a provider of world class

textile and garment products and services
and position the country in the higher value
segment of the international textile market.
Mission
To satisfy the customers through

technological superiority and synergic
synchronization of man and machine
tailoring quality products and services to
harvest the reward of responsibility.
Goals
02 annual report 2016-17 ANLIMA YARN DYEING LIMITED

Philosophy
Values Quality Policy

To create better future for the stakeholders Anlima Yarn Dyeing Limited is committed to be a provider of world class
maintaining high standards of integrity, propriety and textile products and services by offering unrivalled quality and satisfying
goodwill in shouldering social responsibilities. the customers.
To assimilate efficient, innovative and state-of-the-art The company is continuously striving hard to dye yarn as per international
technology for developing operational infrastructure standard by reducing the processing time, delivery lead time and re-dyeing
and to establish linkages and integrations. rate. The company also endeavors to make optimum use of dyes and
chemicals by reducing wastage and process loss.
To foster conducive environment to groom-up
productive talents and to build up mutually The company is committed to avoid use of dyes and chemicals that are
rewarding relationships with employees, clients and health hazard and harmful for the mankind and environment. In the process
the society based on the highest standard of the company will ensure required training to enhance productivity and skill
professionalism. of its human resources.
The company will review its performance periodically and take measures to
continuously improve quality, work environment and employee satisfaction.
Customer Ethical Operational Empowerment

Care Practices Excellence to Employees
ANLIMA YARN DYEING LIMITED annual report 2016-17 03

Profile
Corporate Oﬃce : Suite # 4/3, City Heart, 67 Naya Paltan Company Information
Dhaka - 1000, Bangladesh Year of Incorporation : 24th October 1995
Ph. +880-2-49349881-4, 9341373, 48317216
Commercial Operation : 30th March 1998
Fax: +880-2-48317184
Product Line : Yarn Dyeing Services, Sewing Thread
E-mail: info@anlima.com
Web: www.anlima.com Authorized Capital : Tk. 200,000,000
Paid-up Capital : Tk. 178,678,000
Number of Shareholders : 4,274 (As on 30th June, 2017)
Factory : Karnapara, Savar, Dhaka-1340, Bangladesh
Phone +880-2-7745007, 7746095, 7745009 Stock Exchange Listings : Dhaka Stock Exchange Limited
Chittagong Stock Exchange Limited
Fax: +880-2-7748614, 7746095
Member of Association : Bangladesh Association of Publicly Listed Companies
Bangladesh Textile Mills Association
Trade Body Membership : Dhaka Chamber of Commerce and Industry
Number of Employees : 281
Sister Concerns
Name of the company Type of business
Anlima Textile Limited : 100% export oriented knitting, dyeing, finishing and
garments manufacturing composite unit.
Allied Enterprise (Pvt) Ltd. : Developer of commercial buildings and complexes.
Anlima Buildtech Limited : Developer of residential apartments.
Precision Energy Limited : Power Generation.
Anlima Energy Limited : Power Generation (Under implementation).

Profile
Audit Committee Management Team

Sl. No. Name Designation Sl. No. Name Designation
1 Mr. Ahmad Ullah (Indipendent Director) Chairman 1 Mr. Mahmudul Hoque Managing Director
2 Mrs. Hubbun Nahar Hoque Member 2 Mr. M. Abul Kalam Mazumdar Chief Financial Officer
3 Mrs. Aniqa Haque Member 3 Mr. Sumayel Muhammad Mallik Vice President (Production)
4 Mr. M. Abul Kalam Mazumdar (CFO) Member 4 Mr. Jabed Murad Vice President (Maintenance)
5 Mr. Mizanur Rahman Chowdhury First Asstt. Vice President (Marketing)
6 Mr. M. Jahangir Alam Company Secretary
Board of Directors Auditors

Sl. No. Name Designation M/S Ahmed Zaker & Co. Chartered Accountants
1 Mrs. Hubbun Nahar Hoque Chairperson
2 Mr. Mahmudul Hoque Managing Director Company Secretary
3 Mrs. Aniqa Haque Director
4 Mr. Alwi M Haque Director M. Jahangir Alam
5 Mr. Ahmad Ullah Independent Director

’
Business & Products
The Business Products
Anlima Yarn Dyeing Limited was The company’s product line consists of: The specification of the company’s products are:
incorporated in 1995 as a public limited
company, and set up a yarn dyeing plant Yarn Dyeing Service – for various types of Yarn Dyeing Service
equipped with latest state-of-the-art cotton and blended yarn used by woven ISO/AATCC/BSTI Standard.
technology from Europe. The company is and knit textile factories. Environment-friendly echo-soft dyes and
listed in Dhaka and Chittagong stock Sewing Thread – for use by garments chemicals.
exchanges. The company, commenced industries under the brand name “AN
commercial operation in 1998, provides Moisture Content: Cotton 6-7%, PC 4%, CVC 5%,
Thread”. Polyester 0.5-0.7%.
international quality cotton, polyester and
filament yarn dyeing services and enjoys Process-weight loss: Cotton - white 5%, colored
reputation as one of the best yarn dyeing 3%, TC/CVC - white 4%, colored 2%, Polyester 1%.
houses in the country catering to the
higher value export market need. The Sewing Thread
company is capable of dyeing all types of English Count (NE) - 20’s/2, 20’s/3, 40’s/2, 40’s/3,
yarn for country’s export oriented knitting 50’s/2, 60’s/2, 60’s/3.
and weaving industry and supplying
High tenacity staple fiber of 1.1 D for knot-free
polyester sewing thread to export oriented
yarn.
garments factories.
Accurate length wound on plastic cone with
air-tight poly-packing.
Tipping-thread that endures enzyme/ hot wash
and hypo-chloride/per-oxide bleaching.

’
Business & Products
Quality
The company’s products offer unrivaled quality coupled with production economy that
makes the company an ultimate choice for textile and garments manufacturers. The key
quality features are:
 Azo-free: Azo compound in textile materials are seriously harmful to human health and
Anlima’s products are Azo-free ensuring total safety against that health-hazard. The
products are Oeko Tex Standard 100 certified.
 Knot-Free: Knots are detrimental to knitting/sewing speed and productivity. Anlima’s

Azo-free thread/yarn are knot-less that ensures higher productivity.
Color-Fastness: Anlima’s thread/yarn are color-fast that ensures washing, light, rubbing,
bleaching and perspiration fastness. Being absolutely bleach-proof, it prevents all
chances of color-bleeding or fading of fabrics.
Knot-Free
 Color-Matching: We offer perfect color matching with computerized facility and offer
DTM (Dye to Match) service within 72 hours.
 Needle-Saving: Anlima’s products are immaculately processed saving it from becoming

Bleach-Proof hard or sticky and thus avoiding the extra cost in time and needle-breakage during
knitting/weaving/sewing.
  Yarn-Saving: Weight-loss during dyeing in Anlima is only 1-2% that is 4-5% less than
other competitors resulting in substantial yarn saving.
 Gliding Efficiency: Anlima’s superior and sophisticated lubricating winder ensures

better gliding efficiency and lower friction contributing to higher productivity.


Annual General Meeting
Notice is hereby given that the 22nd Annual General Meeting of the shareholders of Anlima Yarn Dyeing Limited will be held on
Wednesday the December 20, 2017 at 10:30 a.m. at the Factory premises, Karnapara, Savar, Dhaka-1340 to transact the following
business:
Agenda
1. To confirm minutes of the 21st Annual General Meeting held on 20th December, 2016.
2. To receive, consider and adopt the Profit and Loss Accounts of the Company for the year ended 30th June, 2017 and the Balance
Sheet as at that date together with the Reports of the Directors and the Auditors thereon.
3. To appoint/elect Directors in accordance with the provisions of the Articles of Association of the Company.
4. To approve cash dividend for General Shareholders only (Excluding Directors) @ Tk 1.00 per share (10%) as recommended by
the Board.
5. To appoint Auditors for the year 2017-18 and fix their remuneration.
6. To transact any other business of the company, with permission of the Chair.
By order of the Board
Date: October 25, 2017 M. Jahangir Alam

Company Secretary
Notes:
(a) The Record Date shall be November 20, 2017. The shareholders whose name shall appear in the share register of the company or in the
depository register on that date will be entitled to dividend and attend the AGM.
(b) A member entitled to attend and vote at the annual general meeting may appoint a proxy to attend and vote on his/her behalf. The proxy form,
duly stamped, must be deposited at the registered office of the company not later than 48 hours before the time fixed for the meeting.
(c) Members are requested to notify change of address, if any, to the company Secretary, Suite # 4/3, City Heart, 67 Naya Paltan, Dhaka-1000.
(d) For the sake of convenience shareholders are requested to submit their queries on the Directors’ Report and Accounts for the year 2016-17, if
any, at the Head Office of the company at least one day before the day of the General Meeting.
(e) Admission to the meeting room will be strictly as per note (a) and (b) above on production of attendance slip sent with the Annual Report.

’Message
My Dear Shareholders
It is my pleasure to welcome you to the 22nd Annual General Meeting of the
Company. It is also my proud privilege to place before you the Annual Report of
Anlima Yarn Dyeing Limited for the year 2016-17.
Global Economy
According to World Economic Outlook1, the global economic growth was
projected at 3.1% in 2016. In view of increase in economic activities during second
half of 2016, the 2017 growth projection has been revised at 3.5%, an increase of
13%. The growth is projected at 3.7% in 2018.
During the year 2016 the economic growth of USA was 1.6% which is expected to
increase to 1.9% in 2017. If the current trend continues the growth is projected to
reach 2.3% in the year 2018 despite the effects of Hurricanes Harvey and Irma that
has already dented economic activity in the current fiscal year. Increase in
employment, increase in income, fall in oil price and restoration of consumer
confidence has helped gain economic growth better than expected. Euro Zone’s
growth in 2017 and 2018 is expected to be 1.9% & 1.7% respectively. The economic
growth in Japan is expected to stand at 1.2% in 2017 and in 2018 this growth is
forecast to reduce to 0.5%.
1
World Economic Outlook, IMF, July 2017.

Chairperson’s Message (Contd..)
On the other hand, the growth of emerging and developing economy is Future Prospects
expected to increase to 4.9% in 2017 from 4.2% of 2016 and it is projected to
reach 5.2% in 2018. The emerging and developing Asian economic growth is The Brexit, that is seen by many in continental Europe as a deeply unwelcome distraction
projected at 6.6% in 2017 which was 6.3% in 2016. The growth of the region is from efforts to solve other crises, the United Kingdom’s economy has so far proved more
expected at 6.5% in 2018. The economic growth of China is projected to reduce resilient than expected. The referendum result was forecast to mark down the global growth
to 6.4% in 2017 from 6.8% of 2016. The growth rate is forecast to remain at 6.4% in 2017. The outlook is expected to worsen for advanced economies while it remains broadly
in 2018. Conversely, economic growth rate of India is expected to increase to unchanged in emerging markets and developing economies. Despite the global slow down,
8.0% in 2017 from 6.0% of 2016. This growth is projected to decline to 7.6% in the prospect of Bangladesh economy is expected to be good due to political stability and
2018. massive infrastructure development activities being carried out. The global Textile importers
are also building their confidence on Bangladesh with improvement in the social and
environmental compliance.
Bangladesh Economy2
The Bangladesh’s GDP growth was above 6% for previous one decade. During Company Performance
2013-14 and 2014-15 the growth rates were 6.06% and 6.55% respectively. The
The company’s sales mostly depend upon the woven and knit textiles export scenario.
growth in 2015-16 was 7.11%, highest ever growth since independence. The
Change in product mix from yarn dyed fabrics to other diversified non yarn dyed fabrics in
projection for 2016-17 is 7.24%.
RMG export orders has caused sluggish demand of company’s product. As a result, the
Over the last decade there was considerable progress in the employment, company’s sales did not improve as per expectation of management. With the gradual
agricultural production, inflation and export earnings despite some negative improvement of the Bangladesh’s prospect the company is expected to do better.
factors. Poor infrastructure, inadequate energy supply and inefficient financial
intermediation combined with high cost of doing business remained the key Conclusion
obstacles hindering the realization of Bangladesh’s vast economic potential. The
Our utmost endeavors are there for restoration of better performance. I am confident that
progress has also helped bring socio-economic stability as the country’s extreme
with your support and confidence the company would be able to grow and create value for
poverty has now reduced to 12.8% from 17.6% of the year 2010.
all stake holders. I, on behalf of the Board, convey my sincere appreciation to our valued
In view of some policy and legal reforms in tax management, the revenue shareholders, regulators, suppliers, financing partners and all other stakeholders for their
collection during the eight months of 2016-17 has grown by 19.57% from last continued support. Our employees also deserve appreciation for their hard work and
year. The country’s rate of inflation has come down to 5.35% in July-March, 2017 dedication to propel the Company towards betterment.
against 6.05% of April, 2016. In line with this declining inflation the export has
increased. As a result, the foreign exchange reserve has crossed US$ 32.56 billion Thanking you,
in February, 2017 compared to US$ 30.17 billion in June, 2016. The balance of
payment situation has also become favorable. The country’s net FDI inflow
during 2016 reached US$ 2.33 billion against US$ 2.24 billion in 2015. During the
year Bangladesh exports inched up by 1% to US$ 34.66 billion in 2016-17 against Hubbun Nahar Hoque
US$ 34.26 billion of previous year. The national savings during the period has Chairperson
declined to 30.30% of GDP against 30.77% of 2015-16.
2
Bangladesh Economic Survey, Ministry of Finance, 2017.

Directors' Report

Dear Shareholders
We welcome you to the 22nd Annual General Meeting of the Company. It is our privilege to
place before you the Directors’ Report together with the Audited Financial Statements of the
Company for the year ended June 30, 2017 along with the auditors’ report thereon.
1. Industry Outlook
According to IMF forecast the global economy is projected to grow better during 2017 and
2018. This would be effected through higher growth in emerging and developing economies.
The Bangladesh textile industry is yet to avail the benefit of global growth, as foreign buyers
are continuing their pressure for lower price, shorter lead time and better quality, apart from
other external competitive factors. As a result, the country’s textile export reduced to 81.23%
of total export (in 2016-17) from 82.01% of previous year (2015-16).
The woven and knit textiles together registered 4.08% and 10.21% growth in 2014-15 and
2015-16 respectively. This growth came down to mere 0.21% in 2016-17. Exports by value
were US$ 28.09 billion and US$ 28.15 billion in 2015-16 and 2016-17 respectively. The set back
was more in woven RMG export as there was negative growth of 2.35% in 2016-17 against
3.01% growth in knit garments. The recovery in global economic growth from the year 2017
is expected to reverse the Bangladesh export trend. If the present socio-political stability
continues the textile sector is expected to grow despite all other challenges. The company
management therefore expects better performance in the next year.
2. Operating Performance
a. Business Outlook
Export of textiles and garments are the principal source of foreign exchange earnings of
the country. The sector being the buyers market, is facing challenges in compliance,
supply lead time, design and price competition. Vietnam, Cambodia, India and China are
the major competitors globally. Despite all the adversities the country’s export is projected
to reach USD 50 billion by the year 2021. The company management has also decided to
take some initiatives to increase orders. The company’s aggressive marketing strategy is
expected to increase its market share.

Directors' Report to the Shareholders (Contd..)
b. Product-wise Performance Product-wise Performance

The company produces as per orders of the clients. In yarn dyeing 2016-17 2015-16
segment the customers provide the yarn and the company provides the Particulars
dyeing service. In case of sewing thread the company imports gray Yarn Sewing Yarn Sewing
polyester yarn and sells in its own brand name. Dyeing Thread Total Dyeing Thread Total
Due to lack of order the production during the year has declined by 12%. KG
Product wise, yarn dyeing production declined by 10.7% and that of
sewing thread declined by 19.9%. As such the total sales has also Production 837,019 167,253 1,004,272 937,131 208,909 1,146,040
declined by 14%. Product wise, the decline in sales are 11.9% and 23.5% Sales 832,195 167,154 999,349 944,167 218,519 1,162,686
in yarn dyeing and sewing thread respectively.
Sales Revenue (000 Tk.) 115,863 65,558 181,421 130,583 86,730 217,313
c. Sales and Profitability Revenue (Tk. per kg) 139 392 182 138 397 187
The total revenue earnings during the year 2016-17 was Tk. 181 million Cost of Goods Sold: (000’ Tk.)
against Tk. 217 million of previous year (2015-16). The sales of yarn Raw Materials 35,948 20,341 56,289 45,645 30,317 75,962
dyeing was Tk.116 million against Tk. 131 million of previous year. The
Packing Material 6,151 3,480 9,631 4,049 2,689 6,738
sewing thread sales revenue declined to Tk. 66 million against Tk. 87
million of previous year. The sales price realization per unit of sewing Manufacturing Expenses 42,525 24,061 66,586 40,033 26,589 66,622
thread declined slightly. The average yarn dyeing price was Tk. 139 per kg Depreciation 11,975 6,776 18,751 11,964 7,946 19,910
against Tk. 138 of previous year. In sewing thread the price per kg was Tk. Cost of Goods Manufactured 96,599 54,658 151,257 101,691 67,541 169,232
392 against Tk. 397 of previous year.
Finished Stock adjustment (1,069) (911) (1,980) 616 3,545 4,161
The gross profit per kg in yarn dyeing was Tk 24 compared to Tk. 30 of WIP Stock adjustment - (229) (229) - (854) (854)
previous year. In sewing thread the gross profit decreased to Tk. 72 per kg Cost of Goods Sold 95,530 53,518 149,048 102,307 70,232 172,539
from Tk. 75 of previous year. The administrative expense during the year
has increased slightly. The marketing and financial expenses on the other Cost of Goods Sold Per Kg (Tk.) 114 320 148 108 321 148
hand have decreased. After deducting all these operating expenses the Gross Profit 20,333 12,040 32,373 28,275 16,498 44,774
net profit of the year is arrived at Tk. 10 million as against Tk. 20 million of Gross Profit Per Kg (Tk.) 24 72 32 30 75 39
previous year. Administrative Expenses 9,992 5,653 15,645 8,726 5,796 14,522
Marketing Expenses 1,377 779 2,156 1,659 1,102 2,761
Financing Cost 1,406 796 2,202 1,675 1,112 2,787
WPPF & Income Tax 1505 851 2,356 2,827 1,878 4,705
Net Profit After Tax 6,053 3,961 10,014 13,389 6,610 19,999

3. Profit and its Appropriation 4. Directors

As mentioned above, the company’s net profit of the year is Tk. 10.0 million. a. Retirement and Re-election
Adding prior years retained income and transferring Tk. 2.5 million from Dividend
Mrs. Hubbun Nahar Hoque, Director of the Company retires by rotation as per Article 127 and
Equalization Reserve the distributable profit is arrived at Tk. 24.01 million. The
128 of the Articles of Association of the Company. She being eligible, offers herself for
Board of directors have proposed for cash dividend for the year @ Tk. 1.00 per
re-election as Director of the Company.
share. Due to inadequate profit the directors have volunteered not to take any
dividend, subject to approval in AGM. If approved, company’s appropriation of
b. Profile of Directors and CFO
profit, based on the financial performance of 2016-17 would be as below:
i. Mr. Mahmudul Hoque, Director
Particulars Taka in Thousand
Mr. Mahmudul Hoque was born in a respectable Muslim family of Chittagong. He obtained
2016-17 2015-16 Bachelor of Commerce Degree from Chittagong University. He is a born businessman as he
Net Profit after Tax 10,014 19,997 started his business since early days of his career. Over the past thirty five years of his business
career he gained significant experience in import and export trade, power, real estate and
Profit brought from previous year 11,503 9,374 textile sector. Apart from Managing Director of the company, Mr. Hoque is also the Managing
Dividend Equalization Reserve Transferred 2,500 - Director of: Anlima Textile Limited, Precision Energy Limited, Anlima Energy Limited, Anlima
Petroleum Limited, Allied Enterprise (Pvt.) Limited and Anlima Buildtech (Pvt.) Limited. He is
Profit Available for Appropriation 24,017 29,371 also one of the Sponsor Directors’ of Jamuna Bank Limited and International Holdings Ltd. He
Dividend Paid 14,014 17,868 is very widely travelled person and visited most countries of the world. He is involved in
different social development works through a host of social organizations.
Profit Carried Forward 10,003 11,503
ii. Mrs. Hubbun Nahar Hoque, Director
Mrs. Hoque was born in a respectable Muslim family of Sylhet. She obtained Bachelor Degree
from a renowned University in Dhaka. Over the past years of her business career she gained
significant experience in import and export trade, real estate and textile sector. Mrs. Hoque is
also associated with social welfare activities by patronizing different clubs and social
organizations. Mrs. Hoque is Chairperson of Anlima Yarn Dyeing Limited. She is also the
Director of Anlima Textile Limited, Precision Energy Limited, Anlima Energy Limited, Anlima
Petroleum Limited, Allied Enterprise (Pvt.) Limited and Anlima Buildtech (Pvt.) Limited.
iii. Mrs. Aniqa Haque, Director

Mrs. Aniqa Haque hails from a respectable Muslim family. She is LL.M Masters in International
Commercial Law and Graduate Diploma in Law. She completed Bar Professional Training
Course (BPTC) from Cardiff University, United Kingdom. Prior to this she graduated in Master

of Arts in Economics from the University of St. Andrews, Scotland, UK. In legal the company he served in BJMC, Ministry of Finance and Beximco Group in various fields of
practice front, she has considerable experience in Apex Court Chambers, Cardiff corporate management. He also served in various national committees some of which are:
and Circuit Court judges in Myrthr Tydfil, Wales, UK. Bangladesh Bank’s Committee for Selection of Country Credit Rating Agency, Privatization
Committee of Ministry of Industry and Pharmaceutical Pricing Committee of Drug
In the corporate management arena, Mrs. Aniqa worked for operations, business
Administration.
development, sales, client acquisition and other areas in foreign companies in UK
in addition to her exposure in Anlima group companies. She has also excellent
5. External Auditors
knowledge of supporting the group company’s strategic management programs.
Pursuant to SEC Order No. SEC/CMRRCD/2009-193/104/Admin dated 27th July 2011 present
iv. Mr. Alwi M Haque, Director auditors Ahmed Zaker & Co, Chartered Accountants, Green City Edge (Level-10), 89 Kakrail,
Dhaka-1000, Bangladesh has completed its second year of appointment as auditor. To
Mr. Alwi M Haque was born in a respectable Muslim family in Dhaka. He has comply with the corporate governance the company did not engage its external auditors to
completed IB Diploma in UWC Atlantic College, Wales, UK. He qualified in IBDE perform the following services-
examinations with Edexcel High Achievers Award. He is a young man with friendly
disposition. He has keen interest in business affairs and is planning to build his
 Financial information systems design and implementation.
career accordingly. Currently he is studying Graduation in computer science in
 Book-keeping or other services related to the accounting records or financial
McGill University, Canada. statements.
 Appraisal or valuation services or fairness opinions.
Mr. Haque is a community worker and did lot of community works for the under  Internal audit services.
privileged. He involved himself in advising and motivating the children for  Actuarial services.
attending the school for education, building awareness about cleanliness, health  Any other services that the audit committee determines.
and hygiene and other community affairs.
The Auditors tenure has expired upon completion of the audit and being qualified has
v. Mr. Ahmad Ullah, Independent Director expressed their willingness to continue as auditors for the year 2017-18. They will be eligible for
re-appointment in the ensuing 22nd AGM. The matter is placed for the decision of the
Mr. Ahmed Ullah is a Master degree holder and is one of the established honorable shareholders.
businessmen of the country. He is the sole distributor of Data Color, USA and
markets Data Color branded spectophotometer and other accessories for color 6. Audit Committee
lab of textile factories in Bangladesh. He is also one of the sponsors of
Korea-Bangladesh export oriented joint venture cap manufacturing and The audit committee performed as a sub-committee of the Board in order to assist the Board in
exporting factory running its operation since last fifteen years. Besides, he is also ensuring and fulfilling its responsibilities. During the financial year 2016-17 the following
involved in social works through different organizations. persons continued as member of the Audit Committee.
Mr. Ahmad Ullah (Independent Director) Chairman

vi. Mr. M. Abul Kalam Mazumdar, Chief Financial Officer
Mrs. Hubbun Nahar Hoque Member
Mr. M. Abul Kalam Mazumdar is associated with the Company since 1997. He is an
Mrs. Aniqa Haque Member
MBA from Institute of Business Administration of University of Dhaka and a Fellow
(FCMA) of the Institute of Cost and Management Accountants of Bangladesh. He Mr. M. Abul Kalam Mazumdar (CFO) Member
is also a Certified Management Consultant (CMC) from Australia. Mr. Mazumdar Mr. M. Jahangir Alam Company Secretary
has vast knowledge and experience in Managerial Information System (MIS),
Finance and Accounts, Marketing and Product Costing area. Prior to his joining in The details of the activities of the Audit Committee has been provided in Annexure-B.

7. Declaration of Directors on Financial Statements  No significant mutation has occurred between quarterly and final results of the
company during 2016-17.
The directors declare that to the best of their knowledge they have complied with the
following:  As per IAS-1 Presentation of Financial Statements, no items of income and expense
are to be presented as ‘extraordinary gain or losses in the financial statements. As
 The entire business operation is being conducted in accordance with the laws,
such no extraordinary gain or loss has been recognized in the financial statements;
rules, regulations, agreements, guidelines and standards governed in the
country;  The key operating and financial data for the last five years have been disclosed in
Annexure-A.
 All the judgments and decisions taken by management are reasonable and
sensible;  During the year, the Company has paid Board meeting attendance fees to the
directors. The remuneration of Directors has been mentioned in Note-29 of Notes
 Accurate accounting policies have been systematically followed in formulating
to the Financial Statements.
the financial statements and accounting estimates were reasonable;
 All transactions with related parties have been made on a commercial basis and
 The financial statements present rationally the company’s state of affairs, the
the basis was the principle of “Arms Length Transaction”. Details of related party
result of its operations, cash flow and changes in equity with the Companies
and transactions have been disclosed in Note-29 of Notes to the Financial
Act, 1994 and Securities and Exchange Rules, 1987;
Statements.
 The system of internal Control is sound in design and has been effectively  The Company is aware of its various risks and concerns, mainly from the policy and
implemented and monitored;
regulatory fronts, and is prepared to meet those by systematic control. Different
 The CEO and CFO have certified to the Board that they have reviewed the type of risk management has been disclosed in Note-2.29 of financial statements.
financial statements and affirm that these statements do not contain any
materially untrue statement or omit any material fact or contain statements that 9. Certification by the Managing Director and Chief Financial Officer
might be misleading;
The report of the Managing Director (Chief Executive Officer) and the Chief Financial
 There is no momentous suspicion about the ability of the company to continue Officer is placed in Annexure-C.
as a going concern;
 Proper books of accounts of the Company have been maintained according to 10. Board Meeting and Attendance
the law;
During the year ended 30th June 2017, a total of five Board Meetings were held. The
 The Financial Statement were prepared in accordance with the applicable attendance of the Directors in the meeting are as follows:
Bangladesh Accounting Standards (BASs) and Bangladesh Financial Reporting
Standards (BFRSs), adopted by the Institute of Chartered Accountants of Name of the Directors Position Attendance the
Bangladesh (ICAB) based on International Accounting standards (IASs) and Board Meeting
International Financial Reporting Standards (IFRSs) and Mrs. Hubbun Nahar Hoque Chairperson 05
 No transaction has been entered into by the company which are fraudulent, Mr. Mahmudul Hoque Managing Director 05
illegal, or in violation of the company’s code of conduct. Mr. M. Abul Kalam Mazumdar Chief Financial Officer 05
8. Other Regulatory Disclosures Mr. Md Abul Bashar Director (Resigned on 20 December 2016) 03
Mrs. Aniqa Haque Director (Joined on December 20, 2016) 02
 All significant detachment from the previous year in operating results of the
Mr. Alwi M Haque Director (Joined on December 20, 2016) 01
company has been highlighted and reasons thereof have been explained.
Mr. Ahmad Ullah Independent Director 05

11. Pattern of Shareholding (as on June 30, 2017)

12. Corporate Governance Compliance Report
Name of Shareholders Status No. of Share Percentage
Holding As per Bangladesh Securities and Exchange Commission Notification No.
i) Other Related Parties: SEC/CMRRCD/2006-158/134/Admin/44 dated 07 August 2012, the Certificate
Parent Company/Subsidiary/ - Nil - on Compliance of Conditions of Corporate Governance of the company is
Associated Companies placed in Annexure-D.
ii) Directors:
The status of compliance with the conditions imposed by the Bangladesh
Mr. Mahmudul Hoque Managing Director 5,040,900 28.21%
Securities and Exchange Commission’s Notification No. SEC/CMRRCD/
Mrs. Hubbun Nahar Hoque Chairperson 2,665,000 14.91% 2006-158/134/Admin/44 dated 7th August, 2012 issued under section 2CC of
Mrs. Aniqa Haque Director 360,000 2.01% the Securities and Exchange Ordinance, 1969 is placed in Annexure-E.
Mr. Alwi M Haque Director 360,000 2.01%
Mr. Mr. Ahmad Ullah Independent Director Nil - 13. Acknowledgment
iii) Chief Executive Officer, Chief Financial Officer, Company Secretary, The Board of Directors are extremely grateful to honorable shareholders for
Head of Internal Audit and their spouses and minor children: their trust and faith on us. We got enormous support from Bangladesh
Mr. Mahmudul Hoque Chief Executive Officer 5,040,900 28.21% Securities & Exchange Commission, Dhaka Stock Exchange Limited,
Mrs. Hubbun Nahar Hoque Spouse 2,665,000 14.91% Chittagong Stock Exchange Limited, National Board of Revenue, RJSCF, CDBL,
Mrs. Aniqa Haque Daughter 360,000 2.01% Income Tax, Customs and other government bodies, bankers and other stake
Mr. Alwi M. Haque Son 360,000 2.01% holders for their guidance and co-operation.
Mr. M. Abul Kalam Mazumdar Chief Financial Officer Nil - We also express our sincere note of appreciation to all officers, staffs and
Mr. M. Jahangir Alam Company Secretary Nil - members of the management for their hard work and commitments.
Mr. Mohammad Arif Hossain Head of Internal Audit Nil -
As we are moving forward to the frontier of growth and excellence we seek
iv) Executives: your support and encouragement as we are used to get from you since
Mr. M. Abul Kalam Mazumdar Chief Financial Officer Nil - beginning of our journey.
Mr. Sumayel Muhammad Mallik Vice President (Production) Nil -
Mr. Mohd. Nurun Nabi Asstt. Vice President (A & F ) Nil - On behalf of the Board of Directors
Mr. Zahadul Islam First Asstt. Vice President Nil -
(Commercial)
Mr. Md. Mizanur Rahman Chow. First Asstt. Vice President Nil -
(Marketing)
v) Voting Interest:
Hubbun Nahar Hoque Mahmudul Hoque
Shareholders holding 10% or more Nil Nil -
Chairperson Managing Director
voting interest in the company

Photo Gallery 21st Annual General Meeting, 2016

 Statistics Annexure-A
Financial Position: 2016-17 2015-16 2014-15 2013-14 2012-13

Authorized Capital 000'Tk 200,000 200,000 200,000 200,000 200,000
Paid up Share Capital 000'Tk 178,678 178,678 178,678 178,678 178,678
Reserves and Surplus 000'Tk 8,465 10,965 10,965 10,965 35,595
Shareholders' Equity 000'Tk 197,146 201,146 216,231 215,058 214,273
Total Assets 000'Tk 439,496 455,785 436,907 456,869 499,466
Fixed Assets - Cost 000'Tk 639,206 639,206 635,387 635,292 631,863
Fixed Assets - Carrying Value 000'Tk 306,633 325,558 341,858 362,979 382,188
Net Working Capital 000'Tk (76,660) (90,908) (108,114) (127,368) (157,229)
Net Profit for the year 000'Tk 10,014 19,997 19,537 18,634 24,259
Results of Operation:
Revenue from Sales 000'Tk. 181,422 217,313 228,740 229,870 242,673
Gross Profit Margin % 17.84% 20.60% 19.76% 20.98% 21.56%
Operating Profit % 8.03% 12.65% 12.39% 14.37% 16.06%
Net Profit after Tax % 5.52% 9.20% 8.54% 8.11% 10.00%
Earnings per Share Tk. 0.56 1.12 1.09 1.04 1.36
*Dividend per Share Tk. 1.00 1.00 1.00 1.00 1.00
Key Financial Ratios:

Current Ratio Times 0.63:1 0.59:1 0.46:1 0.42:1 0.42:1
Inventory Turnover Times 3.18 4.29 4.34 3.24 3.06
Receivable Turnover Days 133.29 137.76 77.45 76.80 76.80
Debt Equity Ratio Tk. 76:24 72:28 78:22 81:19 57:43
Return on Investment % 2.28% 4.39% 4.47% 4.08% 4.86%
Net Assets Value per Share Tk. 11.03 11.26 11.14 12.04 11.99
Market Value of Share (as on 30th June) Tk. 31.80 28.30 22.40 23.20 19.40
Dividend Yield % 3.14% 3.53% 4.46% 4.31% 5.15%
Price Book Value Ratio Times 0.35 0.40 0.50 0.52 0.62
Other Information:
Total Shares No. 17,867,800 17,867,800 17,867,800 17,867,800 17,867,800
Total Shareholders No. 4,274 3,559 4,047 4,157 4,452
Number of Employees No. 281 279 284 257 259
* General shareholder @ Tk. 1.00 per share and Directors no dividend.
Indicators
Professional Strength Annexure-A (Contd..)
Total Assets (’000’Tk.)

600,000
Shareholders' Equity
(’000’Tk.)
IT Professionl 4% 500,000
MSc 6% 400,000
Master in Commerce 16%
300,000
499,466
456,869
436,907
455,785
MBAs and BBAs 8%
439,496
214,273
215,058
216,231
201,146
197,146
FCMA 2% 200,000
BSc Engineers 12% 100,000
Textile Technologists 12%
000,000
Dip in Textile 21%
Graduate 19% 2012-13 2013-14 2014-15 2015-16 2016-17 2012-13 2013-14 2014-15 2015-16 2016-17
242,673
18
Turnover (’000’Tk.)
Net Asset Value
per Share (Tk.)
16
Market Price of
229,870
14
Share (Tk.)
228,740
217,313
19.40
12
23.20
181,422
22.40
10
28.30
31.80
-13
2012
8 -14
2013
-15
6 2014
-16
2012-13 2013-14 2014-15 2015-16 2016-17 2015 2012-13 2013-14 2014-15 2015-16 2016-17
-17
2016
Earnings per Share (Tk.)
1.50 60,000
Net Profit (’000’Tk.)
52,322
1.25 50,000 48,219
45,203 44,773
1.00 40,000
Gross Profit &
32,373
0.75 30,000 24,259
18,634 19,537 19,997
0.50 20,000
Gross Profit
1.36
1.04
1.09
1.12
0.56
10,014
0.25 10,000
00 0 Net Profit
2012-13 2013-14 2014-15 2015-16 2016-17 2012-13 2013-14 2014-15 2015-16 2016-17

Audit Committee Report
 Annexure-B
In accordance to the best practices of Corporate Governance, the Board of Directors of Activities carried out during the year:
Anlima Yarn Dyeing Limited established an Audit Committee as Sub Committee of the During the year under review, the Committee members met four times and decided to
Board, reconstituted as per BSEC’s Notification No. SEC/CMRRCD/2006-158/134/Admin/44 carry out the following key functions for continuous improvement:
dated 07, August, 2012 on Corporate Governance Guidelines. The audit Committee
supports the Board in fulfilling its responsibilities more efficiently.
 Enhance good practices in financial reporting and risk management;
 Observe the status of implementation of audit action plans and provide guidance
Composition of the Audit Committee: to ensure timely completion of action plans;
The Audit Committee consists of the following persons:  Ensure establishment of adequate internal controls and compliance with laws and
Mr. Ahmad Ullah (Independent Director) - Chairman regulations;
Mrs. Hubbun Nahar Hoque - Member  Review the quarterly, half yearly and annual financial statements of the company
Mrs. Aniqa Haque - Member and recommend to the Board for consideration;
Mr. M. Abul Kalam Mazumdar (CFO) - Member  Approve the audit plan for 2016-17, monitor progress and recommended effective
Mr. M. Jahangir Alam - Company Secretary
revisions when it is required;
Role of Audit Committee:  Review the process of appointment and remuneration of external auditors,
Ahmed Zaker & Co., Chartered Accountants for the year 2017-18 and make
The Audit Committee assisted the Board of Directors in fulfilling its responsibilities
recommendation to the Board for approval and
regarding the Company’s accounting and financial reporting process. The role of the
committee includes:  Ensure that the preparation, presentation and submission of financial statements
have been made in accordance with the prevailing laws, standards and
 Monitor choice of accounting policies and principles;
regulations.
 Oversee the financial reporting process;
 The integrity of the Company’s financial statements; The Committee found adequate arrangements to present a true and fair view of the
financial status of the company and did not find any material deviation, discrepancies or
 Oversee hiring and performance of external auditors; any adverse finding/observation in the areas of reporting.
 Review effectiveness of risk management system of the company;
 Monitor and review effectiveness of internal and external audit; On behalf of the Audit Committee
 Review effectiveness of the financial internal control of the company;
 Review ethical standard and procedures to ensure compliance with regulatory
and financial reporting requirements and Ahmad Ullah (Independent Director)
 Recommending to the board to approve the quaterly, half-yearly and annual Chairman, Audit Committee
financial statements.

Annexure-C
The Board of Directors

Anlima Yarn Dyeing Limited
Dhaka.
Sub: CEO and CFO’s Declaration to the Board
In Compliance with the Condition no.6 of the Corporate Governance Guidelines of

Bangladesh Securities and Exchange Commission Notification No.
SEC/CMRRCD/2006-158/134/Admin/44 dated 07 August 2012, we the undersigned,
Chief Executive Officer (CEO) and Chief Financial Officer (CFO) respectively of Anlima
Yarn Dyeing Limited, do hereby certify before the Board that we have thoroughly
reviewed the Financial Statements of the Company for the year ended 30 June, 2017,
and state that:
1. We the undersigned, do hereby declare that we have reviewed the financial
statements for the year ended on 30 June, 2017 and to the best of our
knowledge and belief:
a) These financial statements do not contain any materially untrue statement
or omit any material fact or contain statements that might be misleading;
b) These statements together present a true and fair view of the company’s
affairs and are in compliance with existing accounting standards and
applicable laws.
2. There are, to the best of our knowledge and belief, no transactions entered
into by the Company during the year which are fraudulent, illegal or
violation of the company’s code of conduct.
Mahmudul Hoque M. Abul Kalam Mazumdar

Managing Director Chief Financial Officer
Dhaka
October 25, 2017

Annexure-D
A Member Firm of
An Association of
Independent Accounting Firms

Corporate Governance
Compliance Report Annexure-E
Status of compliance with the conditions imposed by the Bangladesh Securities and Exchange Commission’s Notification No. SEC/CMRRCD/2006-158/134/Admin/44 dated 7th August,
2012 issued under section 2CC of the Securities and Exchange Ordinance, 1969 is presented below:
(Report under Condition No. 7.00)
Condition Compliance Status (Put √ in Remarks
No. Title the appropriate column) (if any)
Complied Not Complied
1 Board of Directors (BOD)
1.1 Board size (Board members should not be less than 5 and more than 20) √
1.2 Independent Directors (ID):
1.2(i) Independent Director at least 1/5th of the total number of directors of the company √
1.2(ii) a) Does not hold any share or holds less then 1% shares of the total paid-up shares in the company √
1.2(ii) b) Not connected with any sponsor/director/shareholders who holds 1% or more shares of the total paid-up shares on
the basis of family relationship √
1.2(ii) c) Does not have any relationship, whether pecuniary or otherwise, with the company or its subsidiary/ associated companies √
1.2(ii) d) Not a member, director or officer of any stock exchange √
1.2(ii) e) Not a shareholder, director or officer of any member of stock exchange or an intermediary of the capital market √
1.2(ii) f ) Not a partner or an executive or was not a partner or an executive during the preceding 3 (three) years of the concerned
company’s statutory audit firm √
1.2(ii) g) Not be an independent director in more then 3 (three) listed companies √
1.2(ii) h) Not been convicted by a court of competent jurisdiction as a defaulter in payment of any loan to a bank or a NBFI √
1.2(ii) i) Not been convicted for a criminal offence involving moral turpitude √
1.2(iii) Independent Director shall be appointed by the board of directors and approved for approval by the shareholders in the AGM √
1.2(iv) The post of Independent Director(s) can not remain vacant for more than 90 (ninety) days √
1.2(v) Board shall lay down a code of conduct of all board members and annual compliance of the code to be recorded √
1.2(vi) Tenure of office of an independent director shall be for a period of 3 (three) years, which may be extended for 1 (one) term only √
1.3 Qualification of Independent Director:
1.3 (i) Independent Directors shall be Knowledgeable individual with integrity to ensure compliance with financial,
regulatory and corporate law and make meaningful contribution to business √
1.3 (ii) Experienced and educational background of Independent Directors √
1.3 (iii) Special cases for relaxation of qualification of Independent Directors N/A
N/A - Not Applicable

Annexure-E (Contd..)

1.4 Appointment of Chairman & CEO, Defining Rules √
1.5 Inclusions in Directors Report to Shareholders:
1.5 (i) Industry outlook and possible future developments in the industry √
1.5 (ii) Segment-wise or product wise performance √
1.5 (iii) Risks and concerns √
1.5 (iv) Discussion on Cost of Goods sold, Gross Profit Margin and Net Profit Margin √
1.5 (v) Discussion on continuity of any extra-Ordinary Gain or Loss √
1.5 (vi) Basis for related party transactions √
1.5 (vii) Utilization of proceeds from public issues, rights issues and or through any others N/A
1.5 (viii) Explanation if the financial results deteriorated after the company goes for IPO, RPO, Rights Offer, Direct Listing etc. N/A
1.5 (ix) Explanation about significant variance occurs between Quarterly Financial Performance, Annual Financial statements N/A
1.5 (x) Remuneration to directors including Independent Directors √
1.5 (xi) The financial statements present fairly its state of affairs, result of its operations, cash flows and changes in equity. √
1.5 (xii) Maintenance of proper books of Accounts √
1.5 (xiii) Appropriate Accounting Policies and estimates have been applied √
1.5 (xiv) Followed IAS/BAS/IFRS and BFRS in preparation of Financial statements √
1.5 (xv) Internal Control System has been effectively implemented and monitored √
1.5 (xvi) Ability to continue as a going concern √
1.5 (xvii) Significant deviations from the last year’s operating result √
1.5 (xviii) Key operation and financial summarized data of at least preceding 5 (Five) year’s √
1.5 (xix) Reasons for not declared dividend N/A
1.5 (xx) Number of Board meetings held during the year and attendance by the Directors √
1.5 (xxi) Pattern of Shareholding (Along with name wise details):
1.5 (xxi) (a) Parent/Subsidiary/Associate companies and other related parties √
1.5 (xxi) (b) Directors, CEO, CS, CFO, HIA and their spouses and minor children √
1.5 (xxi) (c) Executive √
1.5 (xxi) (d) 10% or more voting interest √
1.5 (xxii) Appointment /reappointment of Directors:
1.5 (xxii) (a) Resume of the Directors √
1.5 (xxii) (b) Expertise in specific functional areas √
1.5 (xxii) (c) Holding of directorship and membership of committees of the board other then this company √


2 CFO, Head of Internal Audit & CS
2.1 Appointment of CFO, HIA and CS √
2.2 CFO and CS shall attend the meeting of the Board of Directors. √
3 Audit committee
3(i) Audit Committee as the sub-committee of the Board of Directors √
3(ii) Assistance of the Audit Committee to Board of Directors √
3(iii) Responsibility of the Audit Committee to the Board of Directors √
3.1 Constitution of the Audit Committee
3.1 (i) Audit Committee composed 3 (Three) members √
3.1 (ii) Members of the audit committee have been appointed by the Board of Directors √
3.1 (iii) Qualified members in audit committee √
3.1 (iv) Term and conditions of service of audit committee members √
3.1 (v) Secretary of the audit committee √
3.1 (vi) Quorum of the audit committee √
3.2 Chairman of the Audit Committee:
3.2 (i) The Chairman has been selected by the Board of Directors √
3.2 (ii) Role of Audit Committee √
3.2 (iii) Chairman of the audit committee present in the AGM √
3.3 Role of Audit Committee:
3.3 (i) Oversee the financial reporting process √
3.3 (ii) Monitor choice of the accounting policy and principals √
3.3 (iii) Monitor Internal Control Risk Management Process √
3.3 (iv) Oversee hiring and performance of external auditors √
3.3 (v) Review the annual financial statements before submission to the board for approval √
3.3 (vi) Review the Quarterly and Half Yearly financial statements before submission to the board for approval √
3.3 (vii) Review the adequacy of internal audit function √
3.3 (viii) Review statement of significant related party transactions √
3.3 (ix) Review Management letters /Letter of internal control weakness issued by statutory auditors √
3.3 (x) Disclosure about the uses/applications of funds raised by IPO/RPO/Right issue N/A
3.4 Reporting of the Audit Committee:
3.4.1 Reporting to the Board of Directors √


3.4.1 (i) Activities of audit committee shall be reported to the Board of Directors √
3.4.1 (ii) (a) Conflicts of interests √
3.4.1 (ii) (b) Suspected or presumed fraud of irregularity or material defect in the internal control system √
3.4.1 (ii) (c) Infringement of laws, rules and resolutions √
3.4.1 (ii) (d) Any other matter disclosed to the Board of Directors √
3.4.2 Reporting to the Authorities √
3.5 Reporting to the Shareholders and General Investors √
4 External/Statutory Auditors:
4 (i) Appraisal or valuation services or Fairness opinions √
4 (ii) Financial Information Systems design and implementation √
4 (iii) Book-Keeping or other service related to the accounting and financial statements √
4 (iv) Broker-dealer services √
4 (v) Actuarial Services √
4 (vi) Internal Audit Services √
4 (vii) Services that the audit committee determines √
4 (viii) Audit firm shall not hold any share of the company they audit √
5 Subsidiary Company:
5 (i) Compositions of the Board of Directors to be similar to holding company N/A
5 (ii) At least 1(one) independent director to subsidiary company N/A
5 (iii) Submission of Minutes to the holding company N/A
5 (iv) Review of Minutes of subsidiary company by the holding company N/A
5 (v) Review of Financial Statement by the holding company N/A
6 Duites of CFO & CEO:
6 (i) a) Reviewed the materially untrue statement or omit any material fact of the financial statement √
6 (i) b) Reviewed about compliance of the accounting standards √
6 (ii) Reviewed about fraudulent, illegal or violation of the company’s code of conduct √
7 Reporting and compliance of Corporate Governance:
7 (i) Obtain certificate regarding compliance of conditions of Corporate Governance Guidelines √
7 (ii) Annexure attached in the Director’s Report √

Financial
Report

Management’s Responsibility for the Financial Statements Opinion
Management is responsible for the preparation and fair presentation of In our opinion, the financial statements give a true and
these financial statements in accordance with Bangladesh Financial fair view of the financial position of Anlima Yarn Dyeing
Reporting Standards, Companies Act 1994, The Securities and Exchange Limited as of June 30, 2017 and of its financial
Auditors’ Report Rules 1987 & other applicable rules & regulations. This responsibility performance for the year then ended in accordance
includes designing, implementing and maintaining internal control with Bangladesh Financial Reporting Standards, The
To the shareholders relevant to the preparation and fair presentation of financial statements
that are free from material misstatement, whether due to fraud or error
Securities and Exchange rules 1987 and comply with
the Companies Act 1994 and other applicable laws and
of Anlima Yarn selecting and applying appropriate accounting policies; and making
accounting estimates that are reasonable in the circumstances.
regulations.
Dyeing Ltd. Auditor’s Responsibility

We also report that
a) we have obtained all the information and
Our responsibility is to express an opinion on these financial statements explanations which to the best of our knowledge
We have audited the based on our audit. We conducted our audit in accordance with and belief were necessary for the purpose of our
Bangladesh Standards on Auditing, those standards require that we audit and made due verification thereof;
accompanying financial comply with ethical requirements and plan and perform the audit to
b) in our opinion proper books of account as required
statements of Anlima Yarn obtain reasonable assurance whether the financial statements are free
by law have been kept by the company so far as it
from material misstatement.
Dyeing Limited, which comprise appeared from our examination of those books;
An audit involves performing procedures to obtain audit evidence
c) the company’s Statement of Financial Position,
the Statement of Financial about the amounts and disclosures in the financial statements. The
Statement of Profit or Loss & Other Comprehensive
procedures selected depend on the auditor’s judgment, including the
position as at June 30, 2017 along assessment of the risks of material misstatement of the financial
Income and Statement of Cash flows dealt with by
the report are in agreement with the books of
with Statement of Profit or Loss & statements, whether due to fraud or error. In making those risk
accounts;
assessments, the auditor considers internal control relevant to the
Other Comprehensive Income, entity’s preparation and fair presentation of the financial statements in d) the expenditure incurred and payments made were
Statement of Changes in Equity order to design audit procedures that are appropriate in the for the purposes of the company’s business for the
circumstances, but not for the purpose of expressing an opinion on the year.
and Statement of Cash Flows for effectiveness of the entity’s internal control. An audit also includes
the year then ended, and a evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by management, as well
summary of significant as evaluating the overall presentation of the financial statements.
Place: Dhaka Ahmed Zaker & Co.
accounting policies and other We believe that the audit evidence we have obtained is sufficient and
Dated: October 25, 2017 Chartered Accountants
appropriate to provide a basis for our audit opinion.
explanatory notes.

Statement of Financial Position
Anlima Yarn Dyeing Limited As on June 30, 2017
Notes Amount in Taka
30.06.2017 30.06.2016
ASSETS
Non-Current Assets 307,777,963 326,702,793
Property, Plant and Equipment 3.00 306,633,149 325,557,979
Security Deposits 4.00 1,144,814 1,144,814
Current Assets 131,717,871 129,081,727
Inventories 5.00 55,756,027 38,093,292
Sundry Receivables 6.00 67,171,045 83,160,099
Advance to employees & others 7.00 4,402,529 963,838
Cash and Cash Equivalents 8.00 4,388,270 6,864,498
TOTAL ASSETS 439,495,833 455,784,521
EQUITY AND LIABILITIES
Shareholders' Equity 197,146,391 201,146,246
Issued Share Capital 9.00 178,678,000 178,678,000
General Reserve 10.00 8,162,461 8,162,461
Dividend Equalization Reserve 11.00 302,178 2,802,178
Retained Earnings 12.00 10,003,752 11,503,607
Non-Current Liabilities 33,972,056 34,648,823
Term Loan 13.00 - -
Deferred Tax Liability 14.00 33,972,056 34,648,823
Current Liabilities 208,377,387 219,989,452
Short Term Loan 15.00 150,471,318 145,685,232
Sundry Creditors 16.00 6,869,003 2,074,628
Other Liabilities 17.00 27,225,212 51,446,055
Liabilities for Expenses & Provision 18.00 8,028,998 6,237,001
WPPF 19.00 589,045 2,327,133
Provision for Current Tax 20.00 9,581,142 9,105,724
Dividend Payable 21.00 5,612,668 3,113,679
TOTAL EQUITY AND LIABILITIES 439,495,833 455,784,521
Net Asset Value per share 28.01 11.03 11.26
The accompanying policies & explanatory notes 1-31 form an integral part of these Financial Statements.
Hubbun Nahar Hoque Mahmudul Hoque M. Abul Kalam Mazumdar Aniqa Haque M. Jahangir Alam
Chairperson Managing Director Chief Financial Officer Director Company Secretary
Signed as per our separate report of same date.

Date: 25 October, 2017 Chartered Accountants
Statement of Profit or Loss &
Other Comprehensive Income
Anlima Yarn Dyeing Limited For the year ended June 30, 2017
Notes Amount in Taka
30.06.2017 30.06.2016
NET SALES REVENUE 22.00 181,421,784 217,313,142

Cost of Goods Sold 23.00 (149,048,535) (172,540,655)
GROSS PROFIT 32,373,249 44,772,487
OPERATING EXPENSES
Administrative Expenses 24.00 (15,645,100) (14,521,512)
Selling & Distribution Expenses 25.00 (2,156,235) (2,761,032)
Operating Profit 14,571,914 27,489,943
Financial Expenses 26.00 (2,201,993) (2,787,155)

Profit Before Contribution to WPPF 12,369,921 24,702,788
Contribution to W.P.P.F (589,044) (1,176,323)

PROFIT BEFORE TAX 11,780,877 23,526,465
Tax Expenses:
Current Tax 20.01 (2,443,898) (3,854,327)
Deferred Tax 14.00 676,767 325,357
Net profit after tax for the year 10,013,745 19,997,495
Other comprehensive income - -
Total Comprehensive Income 10,013,745 19,997,495

Basic Earning Per Share 27.01 0.56 1.12
The accompanying policies & explanatory notes 1-31 form an integral part of the Financial Statements.

Statement of Changes in Equity
Anlima Yarn Dyeing Limited For the year ended June 30, 2017
Amount in Taka
Share Capital General Dividend Retained Total Equity
Reserve Equalization Earnings
Reserve
Balance as on July 01, 2016 178,678,000 8,162,461 2,802,178 11,503,607 201,146,246
Net Profit for the year - - - 10,013,745 10,013,745
Dividend Equalization Reserve transfer to retained earnings - - (2,500,000) 2,500,000 -
Cash Dividend (For the year 2016) - - - (14,013,600) (14,013,600)
Balance as on June 30, 2017 178,678,000 8,162,461 302,178 10,003,752 197,146,391
For the year ended June 30, 2016

Amount in Taka
Share Capital General Dividend Retained Total Equity
Reserve Equalization Earnings
Reserve
Balance as on July 01, 2015 178,678,000 8,162,461 2,802,178 9,373,912 199,016,551
Net Profit for the year - - - 19,997,495 19,997,495
Cash Dividend (For the year 2015) - - - (17,867,800) (17,867,800)
Balance as on June 30, 2016 178,678,000 8,162,461 2,802,178 11,503,607 201,146,246

Cash Flow Statement
Anlima Yarn Dyeing Limited For the year ended 30 June, 2017
Amount in Taka
30.06.2017 30.06.2016
Cash Flow from Operating Activities:
Cash Collection from Customers & others 197,410,838 183,366,323
Cash Paid to Suppliers & Employees (188,988,069) (142,437,298)
Cash Generated from Operations 8,422,769 40,929,025
Financial Expenses (2,201,993) (2,787,155)
Income Tax Paid (1,968,480) (1,169,020)
Net Cash Generated from Operating Activities 4,252,296 36,972,849
Cash Flow from Investing Activities:
Factory Building and Civil Construction - (57,036)

Purchase of Plant & Machinery - (1,264,607)
Purchase of Electrical & Office Equipment - (2,496,900)
Net Cash (Used)/generated in Investing Activities - (3,818,543)
Cash Flow from Financing Activities:

Short Term Loan Received /(Repayment) 4,786,087 (9,597,445)
Long Term Loan Repayment - (898,202)
Payment of Dividend (11,514,611) (17,272,725)
Net Cash flow/(used) in Financing Activities (6,728,524) (27,768,372)
Net Increase/(Decrease) in Cash & Cash Equivalent (2,476,228) 5,385,934

Cash & Cash Equivalent at the beginning of year 6,864,498 1,478,564
Cash & Cash Equivalent at the closing of year 4,388,270 6,864,498
Net Operating Cash Flow per Share 0.24 2.07

Notes to the
Financial Statements
For the year ended on June 30, 2017

Notes to the Financial Statements (Contd..)
1.0 Material information of the entity Bangladesh Financial Reporting Standard (BFRSs) adopted by the
1.1 Legal Status of the Company Institute of Chartered Accountants of Bangladesh (ICAB) based on
International Accounting Standards (IASs) and International
The Anlima Yarn Dyeing Limited (the“company”), a member of Financial Reporting Standards (IFRSs).
Anlima Group, was incorporated in Bangladesh as a public limited
company on October 24, 1995. It went for public issue of shares in 2.4 Going Concern
1997 and commenced commercial operation on March 30, 1998.
The shares of the company are listed both in the Dhaka and A company is required to make assessment at the end of each year
Chittagong Stock Exchanges of Bangladesh. The company to assess its capability to continue as going concern. Management
employed 279 employees as of June 30, 2017. of the company makes such assessment each year. The company
has adequate resources to continue in operation for the
1.2 Registered office of the company foreseeable future and has wide coverage of its liabilities. For this
reason, the Directors continue to adopt the going concern
The registered office of the company is located at Suite # 4/3, City assumption while preparing the financial statements.
Heart, 67, Naya Paltan, Dhaka – 1000 and the factory is located at
Karnapara, Savar. 2.5 Accrual Basis
1.3 Nature of Business Activities The financial statements have been prepared, except cash flow
information, using the accrual basis of accounting.
The company owns and operates a 100% export oriented yarn
and sewing thread dyeing facilities for use by the knitting, 2.6 Reporting Period
weaving, sweater and garments factories.
The Financial year of the company under audit cover for a period
2.0 Basis of Preparation and Significant Accounting Policies of 12 months effective from 01 July 2016 to June 30, 2017.
2.1 Basis of Measurement of Elements of Financial Position 2.7 Revenue
The financial statements have been prepared on the Historical Cost As per BAS-18 “Revenue”, Revenue is recognized only when it is
convention basis and therefore, do not take into consideration the probable that the economic benefit of such transaction has been
effect of inflation. The accounting policies, unless otherwise stated, derived. Revenue represents the invoice value of goods supplied
have been consistently applied by the Company and are consistent to customers during the year. Revenue from sale of goods is
with that of the previous year. recognized in the Statement of Profit or Loss & Other
Comprehensive Income when the significant risks and rewards of
2.2 Statement on Compliance with Local Laws ownership have been transferred to the buyer. Revenue
represents invoiced value of yarn dyeing services and sewing
The financial statements have been prepared in compliance with thread sales, which are recognized when delivery invoices were
the requirements of the Companies Act, 1994, The Securities and made.
Exchange Rules, 1987 and other relevant local laws as applicable.
2.8 Cash and Cash Equivalent and Statement of Cash Flows
2.3 Statement on Compliance of Bangladesh Accounting Standards
Cash and cash equivalents comprise cash in-hand and in current
The financial statements have been prepared in accordance with account that are readily convertible to a known amount of cash,
the applicable Bangladesh Accounting Standard (BASs) and and that are not subject to significant risk of change in value.

The Statement of Cash Flows is prepared using the Direct Method assets after commissioning, over the period of their expected
as stipulated in Bangladesh Accounting Standards (BAS) No. 7 useful lives, in accordance with the provisions of BAS 16: Property,
“Statement of Cash Flows”. Plant and Equipment. Depreciation on addition of fixed asset
begins when it is available for use. Depreciation of an asset ceases
2.9 Inventories at the earlier of the date that the asset is classified as held for sale.
Inventories comprises of Raw materials, Work-in-Process, Finished Depreciation is charged on all fixed assets except land and land
goods. Raw materials have been valued at the lower of cost and developments on Reducing Balance Method. Rates of
net realizable value in compliance with the requirement of BAS-2 depreciation are noted below:
“Inventories”. The cost is calculated on weighted average method.
Work-in-Process has been valued at prime cost basis as required Particular of Assets Rate of
by IAS-2 with proportionate addition of Factory Overheads. Depreciation
Finished goods have been valued at cost of material and other Factory Building and Civil Construction 2.50%
production overhead attributable to bringing the goods to the Plant and Machinery 6.67%
stage of sale under the convention of BAS-2.
Electrical Installation 20.00%
2.10 Property, Plant and Equipment Furniture and Fixture 20.00%
2.10.1 Initial Recognition and measurement Office Equipment 20.00%
Property, plant and equipment are capitalized at cost of Vehicle 20.00%
acquisition and subsequently stated at cost or valuation less
accumulated depreciation in compliance with the requirements
of BAS-16: Property, Plant and Equipment. The cost of acquisition The gain or loss on disposal or retirement of assets is included
of an asset comprises its purchase price and any directly statement of profit or loss & other comprehensive income when
attributable cost of bringing the assets to its working condition for the item is disposed off/derecognized.
its intended use inclusive of inward freight, duties, non-refundable
taxes and un-allocated expenditures etc. 2.11 Impairment of Assets
All assets, except inventory, arising from construction contracts
2.10.2 Subsequent Costs
and financial assets is assessed at the end of each reporting period
The cost of replacing part of an item of property, plant and to determine whether there is any indication that an assets may
equipments is recognized in the carrying amount of an item if it is be impaired. If any such indication exists the company assesses
probable that the future economic benefits embodied within the the recoverable amount.
part will flow to the company and its cost can be measured
If, and only if, the recoverable amount of an asset is less than its
reliably. The costs of the day-to-day servicing of property, plant
carrying amount, the carrying amount of the assets is reduced to
and equipment are recognized in the statement of
its recoverable amount. The reduction is an impairment loss.
comprehensive income as “Repair & Maintenance” when it is
incurred. An impairment loss is recognized immediately in statement of
profit or loss & other comprehensive Income, unless the asset is
2.10.3 Depreciation on Fixed Assets carried at revalued amount in accordance with another standard.
Any impairment loss of a revalued asset is treated as a revaluation
Depreciation is provided to amortize the cost or valuation of the

decrease. No such assets have been impaired during the year date of the financial statements. Due to inherent uncertainty
under audit and for this reason no provision has been made for involved in making estimates, actual result reported could differ
impairment of assets. from those estimates.
In accordance with the guidelines in BAS-37: “Provisions,
2.12 Foreign Currency Transactions Contingent Liabilities and Contingent Assets”, provisions are
Foreign currency transactions are recorded, on initial recognition recognized in the following situations: -
in the functional currency at the spot exchange rate ruling at the  When the company has an obligation as a result of past events;
transaction date.
At the end of each reporting period, in compliance with the    When it is probable that an outflow of resources embodying
provision of BAS 21: The Effects of Changes in Foreign Exchange economic benefits will be required to settle the obligation; and
Rates are determined as under:  Reliable estimate can be made of the amount of the operation.
(a) Foreign currency monetary items are translated using the
closing rate. 2.15 Accruals & Deferrals
(b) Non-monetary items that are measured in terms of historical Deferrals and accruals have been made as per the guidance in
costs in a foreign currency are translated using the exchange BAS-1, ‘’Presentation of Financial Statements’’. In order to meet
rate at the date of the transaction. their objectives, Financial Statements, except for cash flow
statement and related information, are prepared on accrual basis
(c) Non-monetary item that are measured at fair value in a foreign
of accounting. Under the basis, the effects of transactions and
currency is translated using the exchange rate at the date
other events are recognized when they occur (and not when cash
when the fair value is determined.
or its equivalent is received or paid) and they are recorded in the
Exchange differences arising on the settlement of monetary items accounting records and reported in the Financial Statements of
or on translating monetary Items at rate different from those at the years to which they relate.
which they were translated on initial recognition during the
Other Payables are not interest bearing and are stated at their
period or in previous financial statements is recognized in profit or
nominal value.
loss in the period in which they arise. There was no foreign
currency balance as on balance sheet date.
2.16 Advances, Deposits and Prepayments
2.13 Borrowing Cost Advances are initially measured at cost. After initial recognition
advances are carried at cost less deductions or adjustments.
Borrowing costs are interest and other costs that an entity incurs in
Deposits are measured at payment value. Prepayments are initially
connection with the borrowing of fund and are recognized as an
measured at cost. After initial recognition prepayments are carried
expense in the year in which it incurs.
at cost less charges to the statement of comprehensive income.
2.14 Risk and uncertainty for use of estimates (Provisions)
2.17 General Reserve
The preparation of Financial Statements in conformity with
The amount represents reserve created during the tax holiday
Bangladesh Accounting Standards requires management to make
period from 1998 to 2003.
estimates and assumptions that affect the reported amounts of
revenue and expenses, assets and liabilities and disclosure
requirements for contingent assets and liabilities during and the

2.18 Financial Instruments (b) Deferred Tax
Non-derivative financial instruments comprise accounts and Deferred tax liabilities are the amount of income taxes payable in
other receivables, cash and cash equivalents, borrowings and future years in respect of taxable temporary differences. Deferred
other payables and are shown at transaction cost. tax assets are the amount of income taxes recoverable in future
years in respect of deductible temporary differences. Deferred tax
Initial recognition assets and liabilities are recognized for the future tax
An entity recognizes a financial assets or liabilities in its statement consequences of timing differences arising between the carrying
of financial position when, and only when, the entity becomes a values of assets, liabilities, income and expenditure and their
party to the contractual provision of the instrument and respective tax bases. Deferred tax assets and liabilities are
subsequently recognized at their Amortized Cost. measured using tax rates and tax laws that have been enacted or
subsequently enacted at the reporting date. The impact on the
Bills receivable are recognized at cost or net realizable value from
account of changes in the deferred tax assets and liabilities for the
the ordinary course of sales in the market whichever is lower. Bills
year ended June 30, 2017 has been recognized in the statement of
receivables from foreign currency transactions are recognized
profit or loss & other comprehensive income as per BAS-12
into Bangladeshi Taka using exchange rates prevailing on the
"Income Taxes".
closing date of the accounts in accordance with BAS-21, The
Effects of Changes in Foreign Exchange Rates.
2.22 Contingent Assets and Liabilities
2.19 Segment Reporting A contingent asset is disclosed when it is a possible that asset
arises from the past events and whose existence will be confirmed
As the Company operates in a single industry segment, so no
only by the occurrence or non-occurrence of one or more
segment reporting is applicable for the Company as per BFRS-8,
uncertain future events not wholly within the control of the entity.
”Operating Segments”.
A contingent liability is disclosed when it is a possible obligation
that arises from the past events and whose existence will be
2.20 Related Party Disclosures
confirmed only by the occurrence or non-occurrence of one or
The information as required by BAS-24, “Related party Disclosure” more uncertain future events not wholly within the control of the
has been disclosed separately in notes -29 to the financial entity. The company has no contingent assets or liabilities which
statements. require disclosure under BAS-37. A contingent assets is disclosed
as per BAS-37, where an inflow of or economic benefits is probable.
2.21 Corporate Tax A contingent liability is disclosed unless the possibility of an
(a) Current Tax: outflow of resources embodying economic benefits is remote.
Provision for current income tax has been made 15% as 2.23 Earnings per Share
prescribed in the Finance Act, 2017 on the profit made by the
company making some adjustment as per ITO 1984 in compliance The company calculates Earnings per Share (EPS) in accordance
with BAS-12 “Income Tax”. Current tax is recognized in statement of with the requirement of BAS – 33: “Earning per Share”, which has
profit or loss & other comprehensive income except to the extent been shown on the face of the Statement of Comprehensive
that it relates to business combination or item recognized directly Income.
in equity.

Basic earnings: 2.25 Application of Bangladesh Accounting Standards (BASs & BFRS):
This represents earnings for the period ended June 30, 2017 The Financial Statements have been prepared in compliance with
attributable to the ordinary shareholders. As there was no requirement of BAS as adopted by The Institute of Chartered
preference dividend, minority interest or extra ordinary items, the Accountants of Bangladesh (ICAB) and applicable in Bangladesh.
net profit/loss for the year has been considered as fully The following BASs are applicable for the financial statements for
attributable to ordinary shareholders. the period under review:
BAS- 1 Presentation of Financial Statements
Weighted Average Number of Ordinary Shares:
BAS- 2 Inventories
This represent the number of ordinary shares outstanding at the
beginning of the year plus the number of ordinary shares issued BAS- 7 Statements of Cash Flows
during the year multiplied by a time-weighting factor. The BAS- 8 Accounting Policies, Changes in Accounting
time-weighting factor is the numbers of days the specific shares Estimates and Errors
are outstanding as a proportion of the total number of days in the BAS- 10 Events after the Reporting Period
period.
BAS- 12 Income Taxes
Basic earnings per share: BAS- 16 Properties, Plant and Equipment
This has been calculated by dividing the basic earning by the BAS- 18 Revenue
weighted average number of ordinary shares outstanding for the BAS- 23 Borrowing Cost
period. BAS- 24 Related Party Disclosure
Diluted Earnings Per Share: BAS- 32 Financial Instruments Presentation

BAS- 33 Earning Per Share (EPS)
Diluted EPS is calculated if there is any commitment for issuance
of equity shares in foreseeable future, i.e., potential shares, without BAS- 39 Financial Instruments: Recognition and
inflow of resources to the Company against such issue. This is in Measurement
compliance with the requirement of BAS – 33. BFRS-7 Financial Instruments Disclosures
BFRS-13 Fair value measurement
2.24 Re-arrangement of figures:
Previous year's figures have been re-arranged whenever 2.26 Authorization date for issuing Financial Statements
necessary to conform to the current year's presentation. During
the year company has re-arranged financial statements through The financial statements were authorized for issue by Board of
restate for rearrangement of net deferred tax liabilities. In the Directors on 25, October, 2017.
process of restatement for rearrangement of the error as per BAS
8 “Accounting Policies, Changes in Accounting Estimates and 2.27 Reporting Currency
Errors” the previous year’s financial statements are rearranged. The The financial statements are prepared and presented in
management of the company also made prior year adjustment for Bangladesh Currency (Taka), which is the company’s functional
Retained Earnings as per BAS -8. currency.

2.28 Structure, Content and Presentation of Financial Position 2.29.2 Industry Risks
Being the general purpose financial statements, the presentation (a) Market demand:
of these financial statements is in accordance with the guidelines The products of Anlima Yarn Dyeing Limited are sold to
provided by BAS 1: “Presentation of Financial Statements”. A international market. The Company’s products are inputs to the
complete set of financial statements comprise: country’s textile exporters. Their demand for products mostly
i) Statement of Financial Position as at June 30, 2017. depends upon export orders of the textile sector. Any economic
ii) Statement of Profit or loss & Other Comprehensive Income for recession, changes in tastes and fashions of the consumers,
the year ended June 30, 2017. national income and other related factors may cause to decline
the market demand of the company products.
iii) Statement of Changes in Equity for the year ended June 30,
2017. Management Perception:
iv) Statement of Cash Flows for the year ended June 30, 2017. Anlima Yarn Dyeing Limited always gives values to its customers’
v) Notes comprising a summary of significant accounting satisfaction and changes in tastes and fashion. Therefore its expert
policies and other explanatory information to the financial team promptly dedicates their creativity and research work to
statements the year ended June 30, 2017. respond any changes in customers demand and product
diversifications.
vi) Comparative Statement of Financial Position of June 30, 2016.
(b) Competition:
2.29 Risk Exposure
Anlima Yarn Dyeing Limited is operating in a free market economy
2.29.1 Exchange Rate Risk
regime. The company might have to face stiff competition from its
Anlima Yarn Dyeing Limited is engaged in global trade as it competitors.
procures its raw materials from overseas markets. Therefore,
fluctuations in the related foreign currency rates may affect Management Perception:
adversely to the company’s liquidity and profitability and expose
Bangladesh is the prime source of cheapest garments in the world,
a threat to the stability of the Company.
earning comparative advantages for its industries over their
global competitors. In addition, the management of Anlima Yarn
Management Perception:
Dyeing Limited employs their efficiencies; expertise and
Anlima Yarn Dyeing Limited settles its foreign transaction through discretions to minimize the cost of its products.
US Dollars in case of both export and import. While the value of
functional currency fluctuates, the loss or gain on currency (c) Rising of Raw Materials costs:
fluctuation for export automatically sets off against the loss or
The cost of yarn and other chemicals are rising gradually and
gain on currency fluctuation for import. As the value of export is
drastically round the year. It may hamper the profitability of the
always greater than the value of import, some balance is created in
company to a greater extent.
the foreign currency transaction. Furthermore, the Company is
contemplating about setting a system of hedging on foreign
currency transactions in the future. Movement in the exchange
rate adversely may expose the company to risks of foreign Anlima Yarn Dyeing Limited is aware of the continuing market
currency loss. situation of its raw materials. The management of Anlima Yarn

Dyeing Limited believes that long term planning for raw material natural calamities, commodity and energy prices and various
management, exploring number of global markets, job wise other factors. Any significant change may adversely affect our
costing for its finished products and trustworthy relations with the business and economy significantly.
suppliers and mitigate the risk of rising of materials cost.
2.29.3 Risks steaming from technological changes: Bangladesh economy is booming for last few years. Consistent
Changes in technologies may reduce the cost efficiency of the industrial growth along with increased agricultural production
company. has made the Per Capita Income higher than that of recent years.
In addition, favorable government policies and industry friendly
Management perception: policies by other regulatory bodies have proved to be congenial
Anlima Yarn Dyeing Limited applies the latest technology in the to the economy of the country.
yarn process in the production. The machineries and equipment
of the company are also the latest invention in the sector which is (c) Natural calamities:
imported from renowned manufacturers of the world. Bangladesh is a country where recurrent natural calamities take
place every year. It is a serious threat to the business.
2.29.4 Other risk factors:
(a) Political Unrest: Management perception:
Bangladesh is prone to serious unrest in the political condition This type of situation is totally beyond the control of human being.
embraced by Strike, Road-Block and many other politicized Though the management of Anlima Yarn Dyeing Limited has a
barriers to the business. Due to these factors it would stem the very little to do with, we can and should have some precaution
cost of the product upwards. measures to minimize the damage of the business in such
situations.
During the last forty one years of post independence period,
Bangladesh has gone through a variety of political situations. But
presently, a sound political atmosphere is prevailing in the
country. Both the ruling and opposition parties are committed to
the betterment of the country. Last democratic national assembly
election and local council polls are instances of peaceful political
situation in Bangladesh.
(b) Possible slowdown in economic growth in Bangladesh:

Our performance and growth are dependent on the sound health
of the Bangladesh economy. The economy could be adversely
affected by various factors such as political or regulatory action,
including adverse changes in liberalization policies, social
disturbances, terrorist attacks and other acts of violence or war,

Amount in Taka
30.06.2017 30.06.2016
3.00 Property, Plant & Equipment: Tk.306,633,149
This is made up as follows:
Cost:
Opening balance at cost 639,205,919 635,387,376
Add : Addition during the year - 3,818,543
639,205,919 639,205,919
Less : Disposed / Sold during the year - -
Total - A 639,205,919 639,205,919
Depreciation:
Opening balance 313,647,940 293,529,466
Charged during the year 18,924,830 20,118,474
Total - B 332,572,770 313,647,940
Written Down Value (A-B) 306,633,149 325,557,979
(Detail in Annexure-F)
4.00 Security Deposit: Tk.1,144,814

Bangladesh Telecommunications Company Ltd (BTCL) 18,500 18,500
Mobile Operators (Different Operators) 15,000 15,000
Titas Gas Transmission and Distribution Co. Ltd. 459,325 459,325
Rural Electrification Board (REB) 351,989 351,989
Central Depository Bangladesh Ltd. (CDBL) 300,000 300,000
Total 1,144,814 1,144,814
5.00 Inventories: Tk.55,756,027

Raw Materials Note:5.01 29,719,933 33,201,051
Finished Goods Note:5.02 5,104,303 3,124,287
Packing Materials Note:5.03 739,108 913,790
Work-in -Process 1,083,032 854,164
Spares & Stores 2,916,329 -
L/C in Transit 16,193,321 -
Total 55,756,027 38,093,292
Item wise value and quantity of raw materials stock position are given below:

30.06.2017 30.06.2016
Quantity(Kg) Value(Tk.) Quantity(Kg) Value(Tk.)
5.01 Raw Materials: Tk.29,719,933
Dyes 27,741 13,373,238 22,169 15,127,504
Chemicals 82,346 7,387,069 67,840 6,945,331
Grey Polyester Yarn 50,114 8,959,626 63,985 11,128,216
Total 160,202 29,719,933 153,994 33,201,051
5.02 Finished Goods: Tk.5,104,303

Yarn dyeing 6,881 1,260,998 2,057 192,177
Sewing Thread 10,656 3,843,305 10,557 2,932,110
Total 17,537 5,104,303 12,614 3,124,287
5.03 PACKING MATERIALS: Tk.739,108

Poly Bag -ST (Kg) 592 150,203 886 213,105
Plastic Cone (PCs) 17,800 21,360 281,920 338,304
Paper Cone (PCs) 177,000 212,400 123,500 148,244
Paper Tube (PCs) 21,735 81,547 10,700 42,800
Poly Bag - YD (KG) 560 101,028 840 150,689
Cartoon - ST (PCs) 8,029 158,573 546 10,781
Textile Wax (PCs) 2,115 13,997 1,584 9,867
Total 227,831 739,108 419,976 913,790
6.00 Sundry Receivables: Tk.67,171,045

Opening 83,160,099 49,213,280
Add: Sales during the year 181,421,784 217,313,142
264,581,883 266,526,422
Less: Received during the year 197,410,838 183,366,323
Total 67,171,045 83,160,099
6.01 Disclosure as per Schedule-XI, Part -I, of The Companies Act, 1994
Maturity less than 6 months 67,171,045 83,160,099
Maturity more than 6 months - -
Total 67,171,045 83,160,099

Amount in Taka
30.06.2017 30.06.2016
Debts considered Good & Secured 67,171,045 83,160,099

Debts considered Good without security - -
Debts considered doubtful & bad - -
Debts due by directors or other officers & staffs - -
Debts due from companies under same management - -
Maximum debt due by directors or officers & staffs at any time - -
7.00 Advance to employee and Others: Tk.4,402,529

Employee Loans & Advances 720,833 963,838
Advances against Purchase 3,681,696 -
Total 4,402,529 963,838
7.01 Disclosure as per Schedule-XI, Part -I, of The Companies Act, 1994
Maturity less than 6 months 4,402,529 963,838
Maturity more than 6 months - -
Total 4,402,529 963,838
Debts considered Good & Secured- - -

Debts considered Good without security - -
Debts considered doubtful & bad - -
Debts due by directors or other officers & staffs 4,402,529 963,838
Debts due from companies under same management - -
Maximum debt due by directors or officers & staffs at any time - -
8.00 Cash & Cash Equivalent: Tk.4,388,270

Cash in Hand 76,542 6,314,012
Cash at Banks in Current Account : 4,311,728 550,486
Dutch Bangla Bank Ltd. -A/C No. - 101-110-25253 4,245,158 289,793
National Bank Ltd. - A/C No. 0233148219 2,835 3,525
Sonali Bank Ltd. - A/C No. 442633012934 61,209 253,493
United Commercial Bank Ltd. - A/C No. 000111000 97386 2,525 3,675
Total 4,388,270 6,864,498

Amount in Taka
30.06.2017 30.06.2016
9.00 Share capital: Tk.178,678,000
Authorized Capital:
20,000,000 Ordinary Shares of Tk. 10/- each 200,000,000 200,000,000
Total 200,000,000 200,000,000
Issued, Subscribed & Paid-up Capital :
8,438,400 Ordinary Shares of Tk.10/- each fully paid-up in cash by Sponsors 84,384,000 84,384,000
8,100,103 Ordinary Shares of Tk.10/- each fully Paid-up in cash by General Public 81,001,030 76,932,050
1,329,297 Ordinary Shares of Tk.10/- each fully Paid-up in cash by Institution 13,292,970 17,361,950
Total 178,678,000 178,678,000
No. of Shares
Composition of Shareholdings:
Sponsors 8,438,400 8,438,400
General Public 8,100,103 7,693,205
Institutions 1,329,297 1,736,195
Total 17,867,800 17,867,800
Distribution Schedule - Disclosures under the Listing Regulations of Stock Exchanges:

The distribution schedule showing the number of shareholders and their shareholdings in percentage has been disclosed below as per
requirement of the Listing Regulations of Dhaka and Chittagong Stock Exchanges:
No. of Shareholders % of Shareholding Number of Shares
Shareholders' range
2016-17 2016-17 2016-17 2015-16
1 to 500 2,776 6 1,057,016 1,045,578
501 to 5,000 1,176 13 2,336,220 1,173,926
5,001 to 10,000 189 8 1,398,830 751,049
10,001 to 20,000 82 6 1,154,447 849,361
20,001 to 30,000 20 3 463,598 774,871
30,001 to 40,000 7 1 247,700 271,037
40,001 to 50,000 4 1 189,307 377,840
50,001 to 1,00,000 7 2 413,494 1,278,738
1,00,001 to 10,00,000 11 16 2,901,288 3,639,500
Over 10,00,000 2 43 7,705,900 7,705,900
Total 4,274 100% 17,867,800 17,867,800

Performance of Anlima's Shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) during 2016-17
Particulars DSE CSE
Code 441 225
Number of shares traded during the year 68,704,114 1,929,761
Price Movements:
Highest 40.30 40.00
Lowest 30.50 25.50
Closing Price as on June 30, 2017 31.80 31.20
Market Capitalization 568,196,040 557,475,360
Voting Rights:
The rights and privileges of the shareholders are stated in the Articles of Association of the company.
Amount in Taka
30.06.2017 30.06.2016
10.00 General Reserve: Tk.8,162,461
The amount carried forward from previous year. 8,162,461 8,162,461
Total 8,162,461 8,162,461
11.00 Dividend Equalization Reserve: Tk.302,178

Balance carried from previous year 2,802,178 2,802,178
Less: Dividend Equalization Reserve Transfer to Retained Earnings 2,500,000 -
Total 302,178 2,802,178
12.00 Retained Earning: Tk.10,003,752

Opening balance 11,503,607 9,373,912
Add: Net Profit after Tax for the year 10,013,745 19,997,495
21,517,352 29,371,407
Add: Dividend Equalization Reserve Transfer to Retained Earnings 2,500,000 -
Less: Cash Dividend 14,013,600 17,867,800
Total 10,003,752 11,503,607

Amount in Taka
30.06.2017 30.06.2016
13.00 Long Term Loan: Tk.0
Opening Balance - 898,202
Add: Interest Charged during the year - 11,798
- 910,000
Less: Repayment during the year - 910,000
Net Loan Balance - -
14.00 Deferred Tax Liabilities: Tk.33,972,056

Deferred tax liabilities:
As at 30 June 2017 Carrying Tax base Taxable/deductible
amount temporary difference
Property, plant & equipments except land at cost 286,540,562 60,060,189 226,480,372
Total taxable temporary difference 286,540,562 60,060,189 226,480,372
Tax on business income 15%
Closing deferred tax liabilities/(assets)-at cost 33,972,056
Total closing deferred tax liabilities/(assets) 33,972,056
Opening deferred tax liabilities/(assets)-at cost 34,648,823
Total opening deferred tax liabilities/(assets) 34,648,823
Deferred tax expense/(income)-at cost (676,767)
Total deferred tax expense/(income) (676,767)
As at 30 June 2016 Carrying Tax base Taxable/deductible

amount temporary difference
Property, plant & equipments except land at cost 305,465,392 74,473,241 230,992,151
Revaluation surplus-PPE - - -
Total taxable temporary difference 305,465,392 74,473,241 230,992,151
Tax on business income 15%
Closing deferred tax liabilities/(assets)-at cost 34,648,823
Total closing deferred tax liabilities/(assets) 34,648,823
Opening deferred tax liabilities/(assets)-at cost 34,974,180
Total opening deferred tax liabilities/(assets) (Restated) 34,974,180
Deferred tax expense/(income)-at cost (325,357)
Total deferred tax expense/(income) (325,357)

Amount in Taka
30.06.2017 30.06.2016
15.00 Short Term Loan: Tk.150,471,318
Cash Credit, Sonali Bank 150,471,868 145,685,782
Dhaka Bank (550) (550)
Total 150,471,318 145,685,232
* These are secured by first charge on the inventories, second charge on the fixed assets of
the company and third charge on Apartments (4444 sft) at Conifer Tower. The interest rate
applied to the loan is 13.00% per annum.
16.00 Sundry Creditors: Tk.6,869,003

Sundry Creditors 746,036 2,074,628
Payable for Purchase of Inventory 6,122,967 -
Total 6,869,003 2,074,628
17.00 Other Liabilities: Tk.27,225,212

Anlima Textile Limited 27,225,212 51,446,055
Total 27,225,212 51,446,055
18.00 Liabilities for Expenses & Provision: Tk.8,028,998

Salary & Wages Payable 5,250,958 2,562,058
Office Rent Payable 68,400 -
Provision for Utilities 1,878,803 1,908,894
Provision for Audit Fee 90,004 57,500
Other Accrued Expenses 391,751 240,844
Provident Fund 349,082 1,467,705
Total 8,028,998 6,237,001
19.00 WPPF: Tk.589,044

Opening Balance 2,327,133 1,150,809
Add: Addition during the year 589,044 1,176,324
2,916,177 2,327,133
Less: Paid during the year 2,327,133 -
Total 589,044 2,327,133

Amount in Taka
30.06.2017 30.06.2016
20.00 Provision for Current Tax: Tk.9,581,142
Add: Provision during the year Note: 20.01 2,443,898 3,854,327
11,549,622 10,274,744
Less: Tax Paid (1,968,480) (1,169,020)
Total 9,581,142 9,105,724
20.01 Provision during the year

Current Tax
Profit before tax 11,780,877 23,526,465
Add: Accounting Depreciation 18,924,830 20,118,474
Less: Tax depreciation (14,413,051) (17,949,426)
Taxable income for the year 16,292,655 25,695,513
Rate of Tax 15% 15%
Tax on Business 2,443,898 3,854,327
Add: Additional Provision - -
Total Provision for the year 2,443,898 3,854,327
21.00 Dividend Payable: Tk.5,612,668

Add: Cash Dividend 14,013,600 17,867,800
17,127,279 20,386,404
Less: Paid During the year (11,514,611) (17,272,725)
Balance on June 30, 2017 5,612,668 3,113,679

30.06.2017 30.06.2016
22.00 Turnover: Tk.181,421,784
Yarn Dyeing Charges 832,195 115,863,463 944,167 130,582,634
Sale of Sewing Thread 167,154 65,558,321 218,519 86,730,508
Total 999,349 181,421,784 1,162,686 217,313,142
23.00 Cost of Goods Sold: Tk.149,048,535

Raw Materials Consumed Note:23.01 56,289,062 75,962,357
Packing Materials Consumed Note:23.02 9,631,292 6,737,960
Manufacturing Overhead Note:23.03 66,586,145 66,622,148
Depreciation 18,750,921 19,910,422
Cost of Goods Manufactured 151,257,420 169,232,887
Add: Opening Work-In-Process 854,164 -
Less: Closing Work-In-Process 1,083,032 854,164
Cost of Production 151,028,551 168,378,723
Add: Opening Stock of Finished Goods 3,124,287 7,286,219
Cost of Goods available for Sale 154,152,839 175,664,942
Less: Closing Stock of Finished Goods 5,104,303 3,124,287
Cost of Goods Sold 149,048,535 172,540,655
23.01 Raw Material Consumed: Tk.56,289,062

Dyes Note:23.01.01 8,967,919 12,568,524
Chemicals Note:23.01.02 17,170,388 21,515,661
Grey Polyester Yarn Note:23.01.03 30,150,755 41,878,172
Total 56,289,062 75,962,357
23.01.01 Dyes: Tk.8,967,919

Opening Inventory 22,169 15,127,504 23,151 15,213,368
Add: Purchase 25,913 7,213,653 25,400 12,482,660
Available for use 48,082 22,341,157 48,551 27,696,028
Less: Closing Inventory 27,741 13,373,238 22,169 15,127,504
Consumed 20,341 8,967,919 26,382 12,568,524

30.06.2017 30.06.2016
23.01.02 Chemicals: Tk.17,170,388
Add: Purchase 532,666 17,612,126 619,642 22,193,420
Consumed 518,160 17,170,388 616,016 21,515,661
23.01.03 Grey Polyester Yarn: Tk.30,150,755

Add: Purchase 148,279 27,982,165 223,678 40,117,489
Consumed 162,150 30,150,755 229,210 41,878,172
Amount in Taka
30.06.2017 30.06.2016
23.02 Packing Materials Consumed: Tk.9,631,292
Opening Inventory 913,790 675,350
Add: Purchase 9,456,610 6,976,400
Available for use 10,370,400 7,651,750
Less: Closing Inventory 739,108 913,790
Consumed 9,631,292 6,737,960
23.03 Manufacturing Overhead: Tk.66,586,145

Utilities 7,608,514 6,257,246
Wages & Salaries 39,614,781 36,720,989
Office Consumable Expenses 912,661 776,145
Insurance Premium 180,759 444,072
Factory Office Refreshment 439,874 471,553
Conveyance 39,363 66,346
Factory Telephone & Fax 94,589 95,950
Printing & Publication 479,245 429,543
Interest on Working Capital Loan 17,216,359 21,360,304
Total 66,586,145 66,622,148

Amount in Taka
30.06.2017 30.06.2016
24.00 Administrative Expenses: Tk.15,645,100
Depreciation 86,955 104,026
Utilities 219,613 209,501
Office Consumable Expenses 161,790 161,561
Fuel Expenses 370,213 420,922
Salaries, Allowances & Benefits 9,266,771 8,312,403
Employer PF Contribution 2,011,104 1,889,172
Conveyance & Travelling 263,332 189,441
Office Rent, Rate & Taxes 144,000 144,000
Telephone, Mobile Bill & E-mail 507,601 538,110
Audit Fee 100,000 57,500
Other Professional Fee 76,250 23,254
Donation & Subscription 127,500 128,200
Stationery & Consumables 216,722 316,343
Office Expenses 384,221 361,335
Office Refreshment 191,656 133,390
License Renewal Fee 148,149 77,035
Annual Listing Fee 225,678 202,181
A.G.M. Expenses 1,086,045 1,184,138
Board Meeting attending fee 57,500 69,000
Total 15,645,100 14,521,512
25.00 Selling & Distribution Expenses: Tk.2,156,235

Depreciation 86,955 104,026
Fuel Expenses 454,457 696,084
Delivery Expenses 599,500 328,414
Promotional Expenses 68,334 119,612
Salaries, Allowances & Benefits 817,087 1,369,839
Office Refreshment 5,375 -
Conveyance & Travelling 107,355 111,790
Telephone & Mobile bill 17,172 31,267
Total 2,156,235 2,761,032
26.00 Financial Expenses: Tk.2,201,993

Bank Charges & Commission 2,201,993 2,778,745
Bank Interest - 8,410
Total 2,201,993 2,787,155

Amount in Taka
30.06.2017 30.06.2016
27.00 Basic Earnings Per Share (EPS) Disclosure Under BAS 33 "Earnings Per Share" :
27.01 Basic Earnings Per Share

The Computation of EPS is given below:
Net profit for the year 10,013,745 19,997,495
Weighted average number of Shares at June 30, 2017 Note:27.03 17,867,800 17,867,800
Basic EPS 0.56 1.12
27.02 Diluted/Adjusted Earnings per Share :

Net profit after tax 10,013,745 19,997,495
Total existing number of shares 17,867,800 17,867,800
Diluted/Adjusted Earning per Share 0.56 1.12
27.03 Weighted average /Total existing number of shares :

Opening number of shares outstanding [considered FV Tk.10 each] 17,867,800 17,867,800
Add - Issued during the year - -
17,867,800 17,867,800
Number of Outstanding shares :

Opening number of shares outstanding [considered FV Tk.10 each] 17,867,800 17,867,800
Add - Issued during the year - -
17,867,800 17,867,800
28.00 NAV per Share :
28.01 NAV per Share with revaluation :

Shareholders' Equity 197,146,391 201,146,246
Number of ordinary Shares Outstanding 17,867,800 17,867,800
Net Asset Value - NAV 11.03 11.26

29.00 Related party disclosures:
The details of related party transactions during the year along with the relationship is illustrated below in accordance with BAS 24 :
Jul'16-Jun'17 Jul'15-Jun'16
Name of the party Relationship with Company Nature of transaction Transacted Transacted
amount in BDT amount in BDT
Mrs. Hubbun Nahar Hoque Chairman Remuneration - -
Board meeting fee 9,200 10,000
Mr. Mahmudul Hoque Managing Director Remuneration - -
Mr. M Abul Kalam Mazumdar Chief Financial Officer Remuneration 1,150,376 1,107,769
Mrs. Aniqa Haque Director Board meeting fee 2,300 -
Mr. Alwi M Haque Director Board meeting fee 2,300 -
Mr. Md. Abul Bashar Director Board meeting fee 6,900 10,000
Mr. Ahmed Ullah Independent Director Board meeting fee 9,200 10,000
M. Jahangir Alam Company Secretary Board meeting fee 9,200 -
Anlima Textile Limited Related party Inter Company 27,225,112 51,446,055
30.00 Disclosure of managerial remuneration:

30.01 The total amount of remuneration paid to the top five salaried Officers of the company during the year is as follows :
Name Designation Jul'16-Jun'17 Jul'15-Jun'16
Mr. Sumayel Muhammad Malik Vice President (Production) 1,757,700 1,622,400
Mr. M Abul Kalam Mazumdar Chief Financial Officer 1,150,376 1,107,769
Mr. Mohd. Nurun Nabi Assistant Vice President (A&F) 768,150 481,000
Mr. Md. Habibur Rahman First Assistant Vice President (IT) 768,150 481,000
Mr. Md. Mizanur Rahman Chow. First Assistant Vice President (Marketing) 607,500 481,000
30.02 Aggregate amount of remuneration paid to all Officers during the accounting year is as follows :
Particulars Nature of Payment Jul'16-Jun'17 Jul'15-Jun'16
Directors Board meeting fee 57,500 60,000
Directors Remuneration 1,150,376 1,107,769
Officers & Executives Salary, bonus & other allowances 20,852,276 14,411,802
31.00 Event After Reporting Period (Balance Sheet Date):

The board of directors has recommended cash dividend for General Shareholders only, (Excluding Director) @ Tk. 1.00 per share (10%
cash) on paid up capital for the year ended June 30, 2017 as per approval of Board Meeting held on October 25, 2017. The dividend
shall be paid subject to the approval of shareholders in the Annual General Meeting (AGM).
Annexure-F
ANLIMA YARN DYEING LIMITED
Property, Plant & Equipment
As on June 30, 2017
(Amount in Taka)
Cost Depreciation
Particulars Opening Addition Disposal Total as at Rate of Opening Charged Total as at Written Down
Balance as at during the during the 30.06. 2017 deprecia Balance as at during the 30.06. 2017 Value as at
01.07.2016 year year tion 01.07. 2017 year 30.06.2017
Land and Land Development 20,092,587 - - 20,092,587 - - - - 20,092,587

Factory Building and Civil Construction 69,262,496 - - 69,262,496 2.50% 19,173,284 1,252,230 20,425,514 48,836,982
Plant and Machinery 514,583,502 - - 514,583,502 6.67% 264,001,086 16,713,847 280,714,933 233,868,569
Electrical Installation 7,094,539 - - 7,094,539 20.00% 6,521,569 114,594 6,636,163 458,376
Furniture and Fixture 14,019,744 - - 14,019,744 20.00% 13,045,310 194,887 13,240,197 779,547
Office Equipment 7,199,154 - - 7,199,154 20.00% 6,434,492 152,932 6,587,425 611,729
Vehicle 6,953,897 - - 6,953,897 20.00% 4,472,198 496,340 4,968,538 1,985,359
Total as on June 30, 2017 639,205,919 - - 639,205,919 313,647,940 18,924,830 332,572,770 306,633,149
Total as on June 30, 2016 635,387,376 3,818,543 - 639,205,919 293,529,466 20,118,474 313,647,940 325,557,979
The depreciation charges during the year has been allocated in the Statement of Profit or Loss & Other Comprehensive Income as below:
Head of Accounts Factory Plant & Electrical Furniture & Equipment Vehicle Total
Building Machinery Installation Fixture
Cost of Sales 1,252,230 16,713,847 114,594 97,443 76,466 496,340 18,750,921
Administrative - - - 48,722 38,233 - 86,955
Marketing - - - 48,722 38,233 - 86,955
Total 1,252,230 16,713,847 114,594 194,887 152,932 496,340 18,924,830

Anlima Yarn Dyeing Limited Anlima Yarn Dyeing Limited
Registered Office: Suite # 4/3, City Heart, 67 Naya Paltan, Dhaka-1000. Registered Office: Suite # 4/3, City Heart, 67 Naya Paltan, Dhaka-1000.
PROXY FORM ATTENDANCE SLIP
I/We of I hereby record my attendance at the 22nd Annual General Meeting of

the company to be held on December 20, 2017.
being a member of Anlima Yarn Dyeing Limited, do hereby appoint Mr./Mrs./Ms
of
Name of the Shareholder/Proxy
as my/our proxy to attend and vote for me/us on my behalf at the 22nd Annual General Meeting of the
company to be held on Wednesday, December 20, 2017 at 10:30 a.m. at Factory Premises, Karnapara,
Savar, Dhaka-1340.
BO/ Folio No.
As witness my hand this day of 2017.
Revenue
Stamp
Tk. 20/-
(Signature of the Proxy) (Signature of the Shareholder) (Signature of the Shareholder/Proxy)
Dated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
BO/ Folio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Signature Verified
Authorized Signatory
Note: Note:
A member entitled to attend and vote at the general meeting may appoint a proxy to attend and vote in his/her stead. The proxy Shareholders attending the meeting in person or by proxy are requested to complete
form, duly stamped, must be deposited at the Registered Office of the company not later than 48 hours before the time fixed for the the attendance slip and hand it over at the entrance of the meeting hall. The respected
meeting. shareholders are requested to note that entry of non-member is restricted.
design & print Orchi Logistics orchilog@gmail.com
REGISTERED OFFICE
Suite # 4/3, City Heart, 67 Naya Paltan
Anlima Yarn Dyeing Limited Dhaka-1000, Bangladesh
Phone: +880-2-49349881-4, 9341373, 48317216
Fax: +880-2-48317184
E-mail: info@anlima.com
Web : www.anlima.com
Scan with a QR FACTORY

code reader to
ﬁnd out more Karnapara, Savar, Dhaka-1340, Bangladesh
about the
company Phone: +880-2-7745007, 7746095, 7745009
Fax: +880-2-7748614, 7746095

Annual 2 0 1 6 - 1 7: Anlima Yarn Dyeing Limited

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Annual 2 0 1 6 - 1 7: Anlima Yarn Dyeing Limited

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ANNUAL

Anlima Yarn Dyeing Limited

Business & Products

Notice of the 22nd AGM

Five Years Statistics &

Audit Committee Report

Certificate from CEO & CFO

Statement of Financial Position

Our relentless endeavor is towards

To strive hard to be a provider of world class

To satisfy the customers through

02 annual report 2016-17 ANLIMA YARN DYEING LIMITED

Values Quality Policy

Customer Ethical Operational Empowerment

ANLIMA YARN DYEING LIMITED annual report 2016-17 03

04 annual report 2016-17 ANLIMA YARN DYEING LIMITED

Audit Committee Management Team

Board of Directors Auditors

ANLIMA YARN DYEING LIMITED annual report 2016-17 05

06 annual report 2016-17 ANLIMA YARN DYEING LIMITED

 Knot-Free: Knots are detrimental to knitting/sewing speed and productivity. Anlima’s

 Needle-Saving: Anlima’s products are immaculately processed saving it from becoming

 Gliding Efficiency: Anlima’s superior and sophisticated lubricating winder ensures

ANLIMA YARN DYEING LIMITED annual report 2016-17 07

By order of the Board

Date: October 25, 2017 M. Jahangir Alam

08 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 09

10 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 11

b. Product-wise Performance Product-wise Performance

12 annual report 2016-17 ANLIMA YARN DYEING LIMITED

3. Profit and its Appropriation 4. Directors

iii. Mrs. Aniqa Haque, Director

ANLIMA YARN DYEING LIMITED annual report 2016-17 13

Mr. Ahmad Ullah (Independent Director) Chairman

14 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 15

11. Pattern of Shareholding (as on June 30, 2017)

16 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 17

Financial Position: 2016-17 2015-16 2014-15 2013-14 2012-13

Key Financial Ratios:

Total Assets (’000’Tk.)

ANLIMA YARN DYEING LIMITED annual report 2016-17 19

20 annual report 2016-17 ANLIMA YARN DYEING LIMITED

The Board of Directors

Sub: CEO and CFO’s Declaration to the Board

In Compliance with the Condition no.6 of the Corporate Governance Guidelines of

Mahmudul Hoque M. Abul Kalam Mazumdar

ANLIMA YARN DYEING LIMITED annual report 2016-17 21

22 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 23

Condition Compliance Status (Put √ in Remarks

24 annual report 2016-17 ANLIMA YARN DYEING LIMITED

Condition Compliance Status (Put √ in Remarks

ANLIMA YARN DYEING LIMITED annual report 2016-17 25

Condition Compliance Status (Put √ in Remarks

26 annual report 2016-17 ANLIMA YARN DYEING LIMITED

ANLIMA YARN DYEING LIMITED annual report 2016-17 27

Dyeing Ltd. Auditor’s Responsibility

28 annual report 2016-17 ANLIMA YARN DYEING LIMITED

Signed as per our separate report of same date.