Rahman Mustafiz Haq & Co.

Chartered Accountants

BHUIYAN FABRICS LTD

BALANCE SHEET
AS AT JUNE 30 2009

Amount in Taka
Particulars Notes
30-06-2009 30-06-2008
ASSETS
Fixed Assets
Property, Plant & Equipment Annexure-A #REF! #REF!
Security Deposit 3 621,000 621,000
Total Fixed Assets #REF! #REF!

Current Assets:
Inventories 4 24,775,937 16,642,661
Trade and other receivables 5 21,978,076 8,061,703
Advance, Deposits and Prepayments 6 16,685,551 1,526,767
Cash and bank balances 7 2,293,861 462,495
Total Current Asset 65,733,425 26,693,625

Total Assets #REF! #REF!

EQUITY AND LIABILITIES

Capital and Reserves
Share Capital 8 600,000 600,000
Retained Earnings 9 #REF! #REF!
#REF! #REF!
Current Liabilities
Trade and other payables 10 87,811,083 45,264,857
Short Term Borrowings 11 95,688,383 44,328,328
Provision for expenses 13 33,340,082 6,254,646
Total Current Liabilities 216,839,548 95,847,831

Total Equity and Liabilities #REF! #REF!

#REF! #REF!

The annexed notes form an integral part of these financial statements.

___________________ ___________________ ______________________

Chairman Managing Director Chief Financial Officer
BHUIYAN FABRICS LIMITED BHUIYAN FABRICS LIMITED BHUIYAN FABRICS LIMITED

Rahman Mustafiz Haq & Co.

Dated: Dhaka, Sept 11,2012 CHARTERED ACCOUNTANTS

2
 DR INDUSTRIES LTD
Statement of Financial Position
As at 30 June , 2020

Particulars Notes
30-Jun-20 30-Jun-19
ASSETS 0.00% 0.00%
Non Current Assets 79,961,509 561,560
Property, Plant & Equipment 4.00 74,668,549 309,200
Unallocated Revenue Expenditure 176,260 176,260
Preliminery Expenses 76,100 76,100
Capital Work in Process 5.00 5,040,600 -
11648000.00% #DIV/0!
Current Assets 81,698,440 458,440
Inventories 6.00 7,548,355 -
Trade and Other Receivables 7.00 2,096,640 -
Advance, Deposits and Prepayments 8.00 28,855,848 320,000
Cash and Cash Equivalents 9.00 43,197,597 138,440
161,659,949 1,020,000
0.00% 0.00%
EQUITY AND LIABILITIES
Shareholders' Equity (8,394,247) 1,000,000
Share Capital 10.00 1,000,000 1,000,000
Retained Earnings 11.00 (9,394,247) -

Non Current Liablities 168,992,076 -

Share Money Deposit 12.00 - -
Long Term Loan (Non-Current portion) 13.00 168,992,076 -
Deffered Tax 14.00 - -

Current Liabilities 1,062,120 20,000

Trade and Other Payables 15.00
Long term Loan(Current Portion ) 16.00
Provission for expenses 17.00 1,062,120 20,000
Liabilities for WPPF

161,659,949 1,020,000

Net Assets Value (NAV) per share 24.02

Net Assets Value (NAV) per share( Adjusted) 24.03

The annexed notes form an integral part of these financial statements.

(0) 0

0.16 (0.40)
0

Signed in terms of our separate report even date annexed

Date:
Place: Dhaka
 DR INDUSTRIES LTD
Statement of Comprehensive Income
For the year ended June 30, 2020

Amount In Taka Amount In Taka

Particulars Notes
30-Jun-20 30-Jun-19
Net Sales Revenue 18.00 4,525,240 -
Less: Cost of goods sold 19.00 (3,809,133)### - ###
Gross Profit 716,107 -
16% #DIV/0!
Less: Operating expenses 20.00 (4,153,240)### - ###
Operating Income (3,437,133) -
-76% #DIV/0!
Less: Financial expenses 21.00 (1,276,992)### - ###
Net Operating Profit (4,714,125)
### ###
-
Add: Other non-operating income 22.00 139,442 -

Net profit before Income Tax & WPPF (4,574,683)

### ###
-

Less: WPPF Expenses -

Net Profit Before Income Tax (4,574,683)
-101% #DIV/0!
Less: Provision for Income Tax 23.00 4,819,564 -
Less: Current Tax - ### - ###
Less: Deffered Tax 4,819,564### - ###

Net Profit after tax (9,394,247)

### ###
-

Earnings Per Shares (EPS) (Basic) 24.01 (0.41) -

Earnings Per Shares (EPS) Adjusted -

The annexed notes form an integral part of these financial statements.

Chairman Managing Director

Director Chief Financial Officer Managing Director
 Signed in terms of our separate report even date annexed

Date: Chartered Accountants

Place: Dhaka
 DN INDUSTRIES LIMITED
Statement of Changes in Equity
For the year ended June 30, 2020
(Amount in Taka)
Retained
Particulars Share Capital Total
Earnings
Opening Balance as at 1st July, 2017 1,000,000 - 1,000,000
Issued from Share Money Deposit
Issuance of Bonus Share -
Net Profit/loss transferred from statement of comprehensive - (9,394,247) 107,498,440
income
Balance as at 30 June , 2018 1,000,000 (9,394,247) 108,498,440

DN INDUSTRIES LIMITED
Statement of Changes in Equity
For the year ended June 30, 2019
(Amount in Taka)
Particulars Share Capital Retained Total
Earnings
Opening Balance as at 1st July, 2018 1,000,000 - 1,000,000
Issued from Share Money Deposit -
Issuance of Bonus Share - - -
Net Profit/loss transferred from statement of comprehensive
- - -
income
Balance as at 30 June , 2019 1,000,000 - 1,000,000

Signed in terms of our separate report even date annexed

Date: Chartered Accountants

Place: Dhaka
 DN INDUSTRIES LIMITED
Statement of Cash Flows
For the year ended June 30, 2020

Particulars
30-Jun-20 30-Jun-19
A Cash flows from Operating Activities
Cash received from Customers 2,568,042 -
Cash Received from Otner inccome 139,442 -
Cash Paid to Suppliers and Others 11,270,230 -
Cash Paid for Operating Expenses (25,726,030) -
Income Tax Paid (507,458) -
Net cash inflow/(outflow) from operating activities (12,255,774) 0

B Cash flows from Investing Activities

Acquisition of Property, Plant and Equipment (74,484,003) (309,200)
Increase/Decrease in Investment (5,040,600) -
Net cash inflow/(outflow) from investing activities (79,524,603) (309,200)

C Cash flows from Financing Activities

Cash Paid for financial Expenses (1,276,992) -
LongTerm Loan received/(Repaid) 168,992,076 -
Receive Share Money deposit - -
Net cash inflow/(outflow) from financing activities ### 167,715,084
### -

Net increase/(Decrease) of Cash and Cash Equivalents for the year 75,934,707 (309,200) ###
D (A+B+C)
Cash and Cash Equivalents at the beginning of the year 138,440 447,640
Cash and Cash Equivalents at the end of the year 76,073,148 138,440

Net Operating Cash Flow Per Share (NOCFPS) Note: 24.03 (2.12) -
(1,225.58) Err:509
Those Financial Statements should be read in conjunction with the annexed Notes.

Director Chief Financial Officer Managing Director

Signed in terms of our separate report even date annexed

Date: Chartered Accountants

Place: Dhaka
 SILVA PHARMACEUTICALS LTD.
Cash Flow Statement
For the year ended 31 May 2013

Amount in Taka
May 31, 2013 May 31, 2012
Cash Flow From Operating Activities

Cash Received from Customers Err:509 373,563,852

Cash Paid to Suppliers #NAME? #REF!
Cash Paid to Employee Err:509 #REF!
Cash Paid for operating expenses #NAME? #REF!
Interest paid Err:509 (63,392,328)
Net cash from operating activities (A) Err:509 #REF!

Cash Flow From Investing Activities

Cash paid for Purchased of fixed assets Err:509 (132,315,882)
Cash Receipt /(Paid) for Advance, Deposits & Prepayments - -
Net cash used in investing activities (B) Err:509 (132,315,882)

Cash Flow From Financing Activities

Share Capital - -
Long Term Loan Err:509 19,687,483
Inter Company Transaction - -
Short term Loan (Payment)/Received Err:509 18,828,335
Net cash used in financing activities (C) Err:509 38,515,818

Net Cash inflow/(outflow) D = (A+B+C) Err:509 #REF!

Opening cash & Bank Balance (E) Err:509 -

Closing cash & Bank Balance F = (D+E) Err:509 #REF!

-
Net Operating Cash Flow Per Share Err:509 #REF!

1,454,175 Err:509

Chairman Managing Director Chief Financial Officer

Signed subject to our separate report of even date.

Dated : Dhaka, 09 December 2009
 3 Security Deposit
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Bakhrabad Gas System Ltd 48,610 48,610
Bangladesh T & T Board 40,600 40,600
Power Development Board 288,000 288,000
377,210 377,210

4 Preliminary Expenses 31-5-2007 31-5-2006

The above balance is made up as follows:
Preliminary Expenses 11,575 12,861
Less: Amortization During the year 1,157 1,286
10,417 11,575

5 Un-Allocated Revenue Expenses 31-5-2007 31-5-2006

The above balance is made up as follows:
Un-Allocated Revenue Expenses 718,817 798,686
Less: Amortization During the year 71,882 79,869
646,936 718,817

6 Inventories
The above balance is made up as follows:

Particulars Notes 31-5-2007 31-5-2006

Raw Materials 6.01 99,056,420 69,119,111
Packing Materials 6.02 28,789,035 26,461,409
Spares & Tools 6.03 3,128,740 3,799,697
Promptional Materials 6.04 525,638 1,420,960
Finished goods 6.05 17,972,146 23,043,227
149,471,979 123,844,405

6.01 Raw Materials

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening 69,119,111 42,354,686
Add: Purchase during the period 46,024,053 33,955,171
Raw materials available for production 115,143,164 76,309,857
Less input to production 16,086,744 7,190,746
Closing Balance 99,056,420 69,119,111

6.02 Packing Materials

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening 26,461,409 19,341,804
Add: Purchase 15,341,351 14,552,216
Raw materials available for production 41,802,760 33,894,020
Less: Input to production 13,013,725 7,432,610
Closing Balance 28,789,035 26,461,409

6.03 Spares & Tools

The above balance is made up as follows:
Particulars 31-5-2007 31-5-2006
Opening 3,799,697 7,924,480
Add: Current period - -
3,799,697 7,924,480
Less: Consumption 670,957 4,124,783
Closing Balance 3,128,740 3,799,697
6.04 Promotional Materials
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening 1,420,960 6,018,281
Add: Purchase during the period - -
1,420,960 6,018,281
Less: Consumption during the period 895,322 4,597,321
Closing Balance 525,638 1,420,960

6.05 Finished Goods

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening 23,043,227 26,892,864
Add: Production during the period 54,392,096 45,908,011
Production available Sale 77,435,323 72,800,875
Less: Cost of goods sold 59,463,177 49,757,648
Closing Balance 17,972,146 23,043,227

Raw materials: It consists of import value and local expenses incurred upto warehouse. Inventory
system is maintained on FIFO basis.

Work in process: It consists of cost of raw materials and consumable items.

Finished Goods: It includes the cost incurred upto cost of goods available for sale.

Physical verification of inventories: The management has physically verified the inventories as of the
Balance Sheet date.
7 Trade and Other Receivable
The above is the amount of receivable against export bills as on June 30, 2004. This is considered as
good & realizable and is secured by export letter of credit duly accepted by L/C opening bank.
Particulars 31-5-2007 31-5-2006
Barisal DNO 89,265 76,427
Bogra DMO 182,564 197,018
Chittagong DMO 202,546 192,694
Comilla DMO 101,485 106,441
Dhaka DMO 312,568 287,612
Jessore DMO 102,895 154,532
Mymensingh DMO 132,658 98,936
Noakhali DMO 124,561 128,282
Rajshahi DMO 122,659 71,479
Rangpur 98,578 77,680
Sylhet DMO 141,256 144,687
1,611,035 1,535,790

8 Advances, Deposits & Prepayments

The above balance is made up as follows:

Particulars Note 31-5-2007 31-5-2006

Advance against L/C 522,032 854,500
Advance against Purchase 1,722,936 1,275,215
Advance Income Tax 8.01 2,376,259 1,957,529
Shares of AGIL Pack ltd. 500,000 500,000
Advance against Office Rent 15,000 85,000
Prepayments of VAT 858,588 271,210
5,994,815 4,943,454

Inter-Company Current Accounts 8,732,056 13,655,423

8.01 Advance Income Tax
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Income Tax deduction at source -Opening 1,957,529 1,126,617
Add: Tax deduction at source during the year 418,730 830,912
2,376,259 1,957,529
Less: Adjustment During the year - -
2,376,259 1,957,529

9 Cash and Cash Equivalents

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Cash in hand 32,565 21,231
Cash at Bank CD 1261-Uttara Bank ltd. 4,170 822,772
Cash at Bank CD -10421-306- NCCBL 368,033 178,095
Cash at Bank HSBC, CD A/C 001-10700-001 1,131,413 2,854,475
Cash at Bank, A/c 01296- Mercantile Bank ltd. 531,160 -
2,067,341 3,876,573

10 Share Capital:
31-5-2004 31-5-2003
10.01 Authorized Share Capital :
50,00,000 ordinary shares of Taka 100/= each. 500,000,000 500,000,000

10.02 Issued, subscribed, called-up and paid-up share capital: 31-5-2006 31-5-2005
1,200,000 ordinary shares of Tk 100/= each fully paid-up 120,000,000 120,000,000
120,000,000 120,000,000
The shareholding position of the company are as follows:

Name No of shares % Amount in Tk

Md. Anwar Mirza 294,400 25% 29,440,000
Mrs. Sajeda Mriza 58,200 5% 5,820,000
Shibli Mirza 195,200 16% 19,520,000
Md. A.R. Hasan Mirza 195,200 16% 19,520,000
Silvana Mirza 101,000 8% 10,100,000
Samina Mirza 101,000 8% 10,100,000
Farhana Mirza 101,000 8% 10,100,000
Al-Amin Bread & Biscuits Ltd 4,000 0% 400,000
Al-Amin Agro Fisheries Complex Ltd. 50,000 4% 5,000,000
S.R. Fisheries & Dairy Farm Ltd. 50,000 4% 5,000,000
Adarsha Fisheries & Paultry Farm Ltd. 50,000 4% 5,000,000
Total 1,200,000 100% 120,000,000

11 Retained Earnings
The above balance is made up as follows:
Particulars 31-5-2007 31-5-2006
Opening balance (66,681,937) (24,098,100)
Add: current year profit (27,863,461) (42,583,836)
(94,545,397) (66,681,937)
12.00 Long Term Loan
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

NCC Bank Ltd. 67,717,100 71,966,035
IDLC Finance Ltd. 15,431,667 30,863,333
83,148,767 102,829,368

The long term loan has taken from Uttara Bank Ltd. Maijdee Court Maijdi, Noakhali.
13 Trade and Other Payables
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Global capsules Ltd. 49,862 56,250
Ganashasthya Antibiotic Ltd. 153,621 82,750
New Green Printers 262,354 310,560
Moitry plastic 29,601 120,780
Harun Electric 37,621 45,755
Zilfaraz Electronics 75,412 82,360
Hossain Hardware Store 32,654 87,960
Millinium Boiler House, Dhaka 5,274,051 5,274,051
United Traders 4,586,750 4,597,322
Shajalal Glass House 58,962 45,460
Moni Printers & Packaging 22,356 12,500
Sun Enterprise 58,692 66,900
10,641,936 10,782,648

14 Short Term Borrowings

The above balance is made up as follows:
Particulars 31-5-2007 31-5-2006
NCCBL CC A/C-10421-292 158,732,929 118,544,165
158,732,929 118,544,165

15 Provision for expenses

The above balance is made up as follows:
Particulars Notes 31-5-2007 31-5-2006
Directors Remuneration - -
Gas Bill 4,581 4,197
Electricity Bill 121,296 108,517
Rent 74,000 64,000
Salary & Wages 1,058,621 1,007,732
Grameen Phone - -
Audit Fees 25,000 25,000
Overtime 56,231 35,800
Printing & Stationery 5,621 1,450
C & F Commission -
1,345,350 1,246,696

16 Cost of goods sold

The above balance is made up as follows:

Particulars Notes 31-5-2007 31-5-2006

Raw materials consumed 13.01 16,086,744 7,190,746
Packing materials consumed 13.02 11,436,874 7,432,610
Consumable item consumed 13.03 670,957 4,124,783
28,194,575 18,748,139

Work in process- Opening -

Work in process- Closing -
Change in work in process - -

Total consumption 28,194,575 18,748,139

 Add: Manufacturing Overhead 13.04 9,855,221 8,810,882
Add: Depreciation 16,342,300 18,348,990
Cost of production 54,392,096 45,908,011

Finished goods - Opening 23,043,227 26,892,864

Finished goods - Closing 17,972,146 23,043,227
Change of finished goods stock 5,071,081 3,849,637

59,463,177 49,757,648

13.01 Raw materials consumed

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening Stock 69,119,111 4,125,985
Add: Purchase during the period 46,024,053 79,852,484
Raw materials available for production 115,143,164 83,978,469
Less: Closing Stock 99,056,420 4,628,540
Consumption during the year 16,086,744 79,349,929
13.02 Packing materials consumed
The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening Stock 26,461,409 -
Add: Purchase during the period 13,764,500 -
Available for Consumed 40,225,909 -
Less: Closing Stock 28,789,035 -
Consumption during the year 11,436,874 -

13.03 Consumable Spares & Tools

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Opening Stock 3,799,697 7,924,480
Add: Purchase during the period - -
ConsumableSpares & Tools available 3,799,697 7,924,480
Less: Closing Stock 3,128,740 3,799,697
Consumption during the year 670,957 4,124,783

13.04 Manufacturing overhead

The above balance is made up as follows:

Particulars Note 31-5-2007 31-5-2006

Salary & Alowances 4,723,205 4,020,580
Overtime 466,509 437,726
Laboratory Expenses 910,032 885,528
Postage Courier & Stamp 33,936 27,830
Indirect materials 809,012 762,422
Elctricity Bill 1,050,673 909,437
Carriage Inward 225,632 175,112
Gas bill 50,832 49,239
Medical & welfare 222,015 207,454
Entertainment 81,960 78,437
Factory Building Rent 168,000 168,000
Power & Fuel 136,366 134,996
Maintenance 772,965 763,797
Printing & Stationery Expenses 93,923 84,735
Uniform & Liverries 68,925 66,513
Travelling Conveyance 41,236 39,076
9,855,221 8,810,882
 14 Operating Expenses
The above balance is made up as follows:

Particulars Notes 31-5-2007 31-5-2006

Warehouse, Distribution & Selling Exp. 14.01 10,228,521 13,406,332
Administrative Expenses 14.02 6,500,802 6,155,543
16,729,323 19,561,875

14.01 Warehouse, Distribution & Selling Expenses

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Salaries and allowances 5,624,419 4,704,744
Transportation & Handling Expenses 182,936 175,572
Advertisement Expenses 41,936 85,350
Loading & Unloading 436,960 -
Repair & Maintenance 136,623 121,969
Traveling Expenses - 422,651
Phone, Fax and Mobile Bill - 30,000
Sample Expenses - 406,650
Marketing Expense 1,000,522 967,428
Promotional Expense 895,322 4,597,321
Postage & Courier 55,962 50,090
Vehicle Maintenance 822,905 803,136
Printing & Stationery - -
Training Expenses 135,212 134,120
Bank Charges - -
Office Rent 720,000 710,000
Depreciation 175,724 197,301

10,228,521 13,406,332

14.02 Administrative Expenses

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Salaries and allowances 3,028,534 3,136,496
Printing & Stationery 89,922 85,395
Phone, Fax and Mobile Bill 30,000 -
Postage & Stamps - -
Tours and Travelling Expenses - -
Entertainment 91,536 89,703
Medical & Welfare Expenses 54,629 50,189
Licences Renewal and Registration Fee 3,800 3,800
Audit Fees 25,000 25,000
Office Rent - -
Directors Remuneration 2,050,000 1,500,000
Amortization of Preliminary Expenses 1,157 1,286
Amortization of Unallocated Revenue Exp 71,882 79,868
Depreciation 1,054,342 1,183,806
6,500,802 6,155,543
15 Financial Expenses
The above balance is made up as follows:

Particulars Note 31-5-2007 31-5-2006

Interest on Long Term Loan 9,396,065 10,895,869
Interest on CC Account 18,725,072 13,426,357
Interest on Lease financing 3,094,857 3,094,857
Bank Charge 104,485 67,296
31,320,479 27,484,380

16 Other non-operating income

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Sale of Wastage - -
- -

17 Income tax expenses

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Taxes on operating income @ 0.50% of Sales proceeds realized - -
Taxes on non operating income @ 37.5%
- -

18 Earning Per Share

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Net profit after Tax (Numerator) (27,863,461) (42,583,836)
Weighted Average Number of Ordinary Shares (Denominator) 1,200,000 1,200,000
Earning Per Share (EPS) (23.22) (35.49)

19 Net Asset Value (NAV) Per Share

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Total Assets 288,055,640 285,505,370
Less: Total Liabilities 170,720,215 100,923,174
Net Asset Value 117,335,425 184,582,196
Total Number of Share outstanding 1,200,000 1,200,000
Net Asset Value (NAV) Per Share 98 154

20 Net Operating Cash Flow Per Share(NOCFPS)

The above balance is made up as follows:

Particulars 31-5-2007 31-5-2006

Net Operating Cash Flow (Numerator) (35,962,933) 6,792,125
Weighted Average Number of Ordinary Shares (Denominator) 1,200,000 1,200,000
Net Operating Cash Flow Per Share(NOCFPS) (30) 6
 30-Jun-20 30-Jun-19

4.00 A. Fixed Assets at Cost

Opening Balance 309,200
Addition during the year 74,484,003 309,200
Less: Sale of Scrap of Oxygen Bottle -
Total Cost 74,793,203 309,200

B. Accumulated Depreciation
Opening Balance -
Depreciation for the year 124,654 -
Less: Sale of Scrap of Oxygen Bottle -
Total Depreciation 124,654 -

Written Down Value (WDV) 74,668,549 309,200

Details of fixed assets and depreciation as on
30 June, 2022 are shown in the Annexure - 1.
5.00 Capital Work in Process
Opening Balance
Add: Addition During The year
A. Plant & Machinery
B. Building & Other Construction 5,040,600
C. Gas Line Installation
D. Generator & Motors
Total 5,040,600
Less: Transfer to Fixed Assets During the year
Closing Balance 5,040,600 -

6.00 Inventories
Work in Process( Note: 19) 1,460,320
Finished goods (Note 19.01) 5,923,235
Consumeable Store (Note:19.02.1) 164,800
7,548,355 -

7.00 Trade and Other Receivable ### ###

Opening Balance
Add: Sales during the year

Less: Realized During the year

2,096,640 -

7.01 Receivables against sales comprises following:

Disclosure as per schedule-XI, Part-l, of The Company Act,1994
Debts not exceeding 6 Months
Debts exceeding 6 Months
Debts considered Good & secured
Debts considered Good without security
Debts considered doubtful or Bad
Debts due by directors or other Officers
Debts due from companies under same management
Maximum debt due by Directors or Officers at any time of the year
Total ###
8.00 Advances, Deposits & Prepayments
Advances against land 320,000 320,000
Vat Current Account 978,192
Advance Against Raw Material 24,180,000
Deposits (Note:8.01) 2,870,198
Advance Income Tax ( Note 8.02) 507,458
 30-Jun-20 30-Jun-19
28,855,848 320,000

8.01 Deposits
LC Margin (FDR) 2,870,198 -
Securiy Deposit (GAS & REB)

2,870,198 -
 30-Jun-20 30-Jun-19
8.02 Advance Income Tax
Opening Balace
Add: Addition During the year 507,458

8.02.01 Details of AIT 507,458 -

AIT On Import 493,514
AIT On FDR Interest 13,944
- -
507,458 -

9.00 Cash and Cash Equivalents

The above balance is made up as follows:
Cash in Hand 41,278,359 134,049
Cash at Bank: Note 9.01 1,919,238 4,391
43,197,597 138,440
9.01 Cash at Bank
Trust Bank 1,919,238 4,391

Total 1,919,238 4,391

10.00 Share Capital:

Authorized Share Capital :
500,000 ordinary shares of Tk 100/= each 50,000,000 50,000,000

10.01 Issued, subscribed, called-up and paid-up share capital:

10000 ordinary shares of Taka 100/= each. 1,000,000 1,000,000
1,000,000 1,000,000
Shareholders & their shareholding are as follows:
Sharehol Nature of
SL Name No of Share d% Shareholding 30-Jun-20 30-Jun-19
1 Dilu Chowdhury 9,000 90.00% Individual 900,000 900,000
2 Shyamal Barua 1,000 10.00% Individual 100,000 100,000
10,000 100% 1,000,000 1,000,000

11.00 Retained Earnings

Opening balance - -
Add: Addition during the year (9,394,247) -
Less: Issuance of Bonus Share -
(9,394,247) -

12.00 Share Money Deposit

Opening balance - ### ###
Addition during the year ### - ###
- ### - ###
Less: Allotment This Year
Less: Refund During This Year
Closing Balance - -

13.00 Long Term Loan (Non-Current portion)

Opening Balance -
Add. During the year 168,992,076
Less. Adjustment During the year
168,992,076 -
Less: Long term Loan (Current Portion): note-16.00
168,992,076 -
 30-Jun-20 30-Jun-19
14.00 Deffered Tax
Written down value as (Accounting Base) - -
Written Down value as (Tax Base) - -
Temporary Diffrence - -
Effective Tax Rate 32.50% 35.00%
- -

15.00 Trade and Other Payables

Al Hatim Trading Centre 573,792 -
Bhai Bhai Traders(S.Creditors) 1,017,135 1,258,745
Desh Power 3,645,921 6,985,745
EICHER MOTORS - 52,642
Khan Eng Works 1,744,681 2,654,125
KHAN Ajmiri Filter Co 580,349 -
MAA-Motors - -
M.Ahmed & Sons (Mobil) - 56,987
Marin commercial corporation 60,664 -
Mask Power (Moynul) 251,017 56,889
M.R.Electro Mechanical Company - 23,568
Nazmul H.Servicing 712,545 -
Power Man 24,460 23,956
Progressive Eng. Corporation 170,023 5,687
Mas ship recycling industries 103,135 98,565
Mehreen ship recycling industries - 56,895
7B Associates 378,916 -
Al Safa 1,504,828 3,749,738
Tulip Steel 2,809,699 -
13,577,167 15,023,542

16.00 Long Term Loan (Current Portion )

Loan From Trust Bank 168,992,076 -
168,992,076 -

17.00 Liability for expenses

Salary & Allowance 75,000 20,000
Directors Remuniration & Others -
Electricity Bill 982,120
Gas Bill
Audit Fees 5,000
Provision for Income Tax(Note:17.01)
1,062,120 20,000

17.01 Provision for Income Tax

Opening Balance - -
Addition during the Year - -
- -

17.02 Liabilities for WPPF

Opening Balance
Add: Addition during the year

Less: paid during the year

Closing Balance

18.00 Revenue ### ###

Sales (Net of VAT) Oxygen Gas 4,525,240 -
4,525,240 -
19.00 Cost of goods sold
Work in process- Opening - -
Work in process- Closing (1,460,320) -
Manufacturing overhead (Note 19.02) 11,192,688 -
Cost of goods manufactured 9,732,368 -
Add: Opening finished goods -
Cost of goods available for sale 9,732,368
Less: Closing finished goods (Note 19.01) (5,923,235) -
Cost of Goods Sold 3,809,133 -

19.01 Finished Goods

Opening Banalce -
Add: Production during the year 9,769,689
Production available Sale 9,769,689
Less: Cost of goods sold 3,846,454
Closing Balance 5,923,235 -

19.02 Manufacturing / Factory overhead ### ###

Salary & Wages 1,409,522### ###
Consumable stores (Note: 19.02.1) 6,913,889### ###
Telephone Bill -
Lab Test Exp -
Entertainment - ### ###
Safety Equipment Aid - ### ###
Repair & Maintenance 274,600### ###
Insurance Exp 728,569### ###
Carriage Inward 100,010### ###
Electricity Bill 1,678,840### ###
Fuel & Lubricants
Depreciation 87,258 -
11,192,688 -

19.02.1 Consumable Store

Opening Banalce -
Add: Addition during the year 7,078,689
Production available Sale 7,078,689 -
Less: Closing Stock (164,800)### ###
Consume during the year 6,913,889 -
### ###
20.00 Operating Expenses
Administrative Expenses( Note 20.01) 3,134,485### - ###
Selling & Distribution Expenses(Note 20.02) 1,018,755### - ###
4,153,240 -

20.01 General & Administrative Expenses

Salaries and allowances 826,297### ###
Directors Remuniration & Others -
Board Meeting Fees -
Postage & Stamps 58,216### ###
Entertainment 387,713### ###
Printing & Stationary 253,468### ###
Travel, Communication & Conveyance 116,627### ###
Telephone Mobile & Fax 93,043### ###
Audit & Tax Consultant Fees 50,000### ###
Office Maintenance - ### ###
Donation and subscription 263,256### ###
Levers and Uniforms 252,030### ###
Medical and Welfare Expenses 211,948### ###
Depreciation 18,698### ###
Rent,Rates and Taxes 300,672### ###
Paper and Periodicals 68,101### ###
Misc. Expense 175,916### ###
Legal and Professional expenses 58,500### ###
3,134,485 -
20.02 Selling & Distribution Expenses ### ###
Salaries and overtime of salesman 492,241### ###
Tour & Conveyance 248,321### ###
Carriage Outward 170,391### ###
Conference and Meeting 89,104### ###
Depreciation 18,698### ###
Advertisement & Publicity ### ###
1,018,755 -

21.00 Financial Expenses

Bank Charge & Commission -
Interest on Mutual Bank 1,276,992
1,276,992 -
22.00 Other Income
Bank Interest (FDR) 139,442
Gain/ (Loss) on sale of scrap of Oxygen Bottle -
139,442 -

23.00 Provision for Income Tax

Current Tax (Turnover tax) (23.01) -
Deffered Tax (23.02) 4,819,564 -
4,819,564 -

23.01 Current Tax

Profit Before Income Tax (4,574,683)
Add: Depreciation Expenses (Accounting Depreciation) 124,654
Less: Depreciation (Tax Depreciation) (14,954,081)
Business Income (19,404,110) -
Less: Unadjusted Depreciation Allowance
(19,404,110) -

Tax Rate ( As per Finance Act, 2020, Schedule-2, Part- KHA 32.50%
Current Tax Expenses During the Year (6,306,336) -
Add: Short Provission for the Assessment Year (2014-
2015) to 2018-2019) Note: 23.01.2
Total Tax Expenses (6,306,336) -

23.01.1 Reconcilation of Unadjusted Depreciation Allowance is given below: Amount in Taka

FY(2019-2020)
Unadjusted Depreciation Allowance carry forward from 2012-2013
Add: Unadjusted Depreciation Allowance for the year 2013-14
Add: Unadjusted Depreciation Allowance for the year 2014-15
Add: Unadjusted Depreciation Allowance for the year 20115-16
Less: Adjustment of Unadjusted Depreciation Allowance for the year 2016-17
Less: Adjustment of Unadjusted Depreciation Allowance for the year 2017-18
Less: Adjustment of Unadjusted Depreciation Allowance for the year 2018-19
Closing Balance of Unadjusted Depreciation Allowance

23.01.2 Details of short Provission are given below:

Assessment Year Tax Assessed by
DCT
2018-2019 9,517,405
2017-2018 9,132,510
2016-2017 7,432,615
2015-2016 3,930,325
2014-2015 3,901,361
Total 33,914,216

23.02 Deffered Tax Expenses

Deffered Tax as on 30th June (23.02.01) 4,819,564 -
Less: Opening Deffered Tax as on 1st July -
4,819,564 -
23.02.01 Deffered Tax Liability
Carrying amount PPE 74,668,549 309,200
Less: Tax base value of PPE 59,839,122 309,200
Difference 14,829,427 -
Tax Rate 32.50% 32.50%
4,819,564 -

24.00 Information Based on Per Share

24.01 a) Earning Per Share (Basic) considering weighted average number of shares
Net profit after Tax (9,394,247) -
Weighted Average Number of Shares outstanding during the 23,130,257 5,789,692
Earning Per Share (EPS) (Basic) (0.41) -

b) Earning Per Share (Adjusted) considering full alloted Shares

Net profit after Tax (9,394,247) -
Number of Ordinery Shares outstanding for the year 10,000 10,000
Earning Per Share (EPS) (Adjusted) (939.42) -

24.02 Calculation of Weighted Average Number of Shares

Opening Number of Share 100,000 80,000
Issued from Share Money Deposit -
Issuance of Bonus Share - 5,709,692
Share Money Deposit Weighted Average (in Share) 23,030,257 -
23,130,257 5,789,692

24.02 Net Asset Value (NAV) Per Share

Total Assets 161,659,949 1,020,000
Less: Total Liabilities (170,054,196) (20,000)
Net Asset Value/Share Holders Equity (8,394,247) 1,000,000
Number of Share outstanding for the year 10,000 10,000
Net Asset Value (NAV) Per Share (839.42) 100.00

24.03 Net Asset Value (NAV) Per Share (Adjusted)

Total Assets 161,659,949 1,020,000
Less: Total Liabilities (170,054,196) (20,000)
Net Asset Value/Share Holders Equity (8,394,247) 1,000,000
Number of Share outstanding for the year 10,000 10,000
Net Asset Value (NAV) Per Share (839.42) 100.00

24.04 a) Net Operating Cash Flow Per Share(NOCFPS) Considering weighted average number of Share
Net Operating Cash Flow - (12,255,774)
Weighted Average Number of Shares outstanding for the yea 23,130,257 5,789,692
Net Operating Cash Flow Per Share(NOCFPS) - (2.12)

b) Net Operating Cash Flow Per Share(NOCFPS) Considering full alloted Number of Shares
Net Operating Cash Flow - (12,255,774)
Number of Ordinery Shares outstanding for the year 10,000 10,000
Net Operating Cash Flow Per Share(NOCFPS) - (1,225.58)
25.00 Other Commitments, Contingencies and Relevant Information
25.01 Contingencies
There is no contingent event that may require recognition
of contingent liabilities for the year ended 30 June 2017.

25.02 Capital expenditure commitment

There was no capital expenditure commitment or contract at 30 June 2017. There was no
material capital expenditure authorized by the Board but not contracted for as at 30 June
2017.
25.03 Directors' interest in contracts with the company
There was no transaction resulting in Directors' interest with the company and no leasing
facilities have been made available to the Directors.

25.04 Credit Facility Not Availed

There was no credit facility available to the company under any contract, but not availed as on
30 June 2017, other than trade credit available in the ordinary course of business.

25.05 Attendance Status & Board meeting Fees of Board Meeting of Directors
During the year ended 30 June 2017, there were eight Board Meetings were held. The
attendance status of all the meetings is as follows:

Sl Name of Director
No 30-Jun-18 30-Jun-17
1 Md. Nizamuddin Chowdhury #REF! #REF!
2 Mrs. Ismat Zahan #REF! #REF!
#REF! #REF!

25.06 Details of Remuneration Paid During this year to the Board of Directors
Sl Name of Director
No 30-Jun-17 30-Jun-17
1 Mrs. Ismat Zahan 444,000 444,000
444,000 444,000
25.07 Related party disclosures (BAS-24)
The Company carried out a number of transactions with related parties in the normal course of
business on arms length basis.

Sl Adjustment Adjustment
Name of the Related Party made during made during
No
the year the year
1 Mrs. Ismat Zahan #REF! #REF!
#REF! #REF!

25.08 Number of Employee - Para 3 of Schedule XI, Part II

Salary range Monthly Total Employee

30-Jun-17 30-Jun-17
Below 7000 #REF! #REF!
Above 7000 265 265

25.09 Utilization of Capacity - Para 7 of Schedule XI, Part II

Installed Capacity (Qubic Meter) (Per year) #REF! #REF!
Actual Production (Qbic Meter ) (per year ) #REF! #REF!
Capacity Utilization (%) (per year) 78.8% 78.8%

25.10 Events after the Reporting Period

No material events had occurred from end of reporting period to the date of issue of Financial
Statements, which could materially affect the values stated in the Financial Statements.
25.11 As per Company Act, 1994 part-II, Schedule-XI (4) The profit and loss account will give by way
of a note detailed information, showing separately the following payments provided or made
during the financial year to the directors, including managing director, the managing agents or
manager, if any, by the company, subsidiaries of the company and any other person:-

Amount in Taka
Particulars
30-Jun-17 30-Jun-17
Managerial Remuneration paid or payable during the
period to the directors, including managing directors, a 444,000 444,000
managing agent or manager
Expenses reimbursed to Managing Agent - -
Commission or Remuneration payable separately to a
managing agent or his associate
- -
Commission received or receivable by the managing agent
or his associate as selling or buying agent of other concerns
in respect of contracts entered into by such concerns with
the company - -
The money value of the contracts for the sale or purchase
of goods and materials or supply of services, entered into
by the company with the managing agent or his associate
during the financial period. - -
Any other perquisite or benefits in cash or in kind stating,
approximate money value where applicable. - -
Other allowances and commission including guarantee
commission Pensions etc. - -
(i) Pensions - -
(ii) Gratuities - -
(iii) Payments from a provident funds, subscription and
interest thereon - -
iv) Share Based payments - -

As per BAS- 24:

An entity shall disclose key management personnel compensation in total and for each of
the following benefits:
(a) Short-term employee benefits 1,318,538 -
(b) Post-employee benefits - -
(c) Other long term benefits - -
(d) Termination benefits and - -
(e) share- based payment - -

25.12 Aggregated amount of Remuneration,Fees,Salary & Wages of employees are given below:

Directors Remuneration 200,000 200,000

Board Meeting Attendances Fees 40,000 #REF!
Wages & Allowances 75,000 20,000
Salary & Allowances 1,318,538 -
1,633,538 #REF!
 DR INDUSTRIES LTD
Schedule of Fixed Assets
As at June 30, 2020
Annexure-A
(Amount in Ta
Cost Depreciation
Rate Charge
Particulars Balance as on Balance as on (%) Balance as on Balance as on
1st July, 2019 Addition Disposal 30 June , 2020 1st July,2017 during the Disposal 30 June,2018
year
Land & Land Development - - - - -
Building & Other Construction 228,200 876,800 1,105,000 2% 1,842 1,842
Plant & Machinery - 59,685,457 59,685,457 2% 99,476 99,476
Electrical Installation - 2% - -
FactoryTools & Equipment - 5,276,746 5,276,746 2% 8,795 8,795
Office Equipment 35,400 35,400 2% 58 58
Gas Line Installation - - 2% - -
Furniture & Fixture 45,600 45,600 2% 75 75
Computer & Computer Accessories - - 2% - -
Generator & Motors - - 2% - -
Vehicle - 8,645,000 8,645,000 2% 14,408 14,408
Fire Extinguisher - 2% - -
Balance as om June 30, 2018 309,200 74,484,003 - 74,793,203 - 124,654 - 124,654

Depreciation Allocated to:

Charged during the year 124,654
124,654
Factory Overhead -22.08 87,258
Administrative Expenses - Note 19.01 18,698
Selling & Distribution Expenses- Note-19.02 18,698

DR INDUSTRIES LTD
Schedule of Fixed Assets
As at June 30, 2019
 Annexure-A
(Amount in Ta
Cost Depreciation
Rate Charge
Particulars Balance as on Balance as on (%) Balance as on Balance as on
1st July, 2018 Addition Disposal 30 June , 2019 1st July,2018 during the Disposal 30 June,2019
year
Land & Land Development - - - - -
Building & Other Construction 228,200 228,200 2% -
Plant & Machinery - 2% - -
Electrical Installation 0 2% -
Office Equipment 35,400 35,400 2% -
Gas Line Installation - - 2% -
Furniture & Fixture 45,600 45,600 2% -
Computer & Computer Accessories - - 2% -
Generator & Motors - 2% -
Fire Extinguisher - 2% -
Balance as om June 30, 2019 - 309,200 - 309,200 0 - - - -

Depreciation Allocated to:

Charged during the year

Factory Overhead -22.08

Administrative Expenses - Note 19.01
Selling & Distribution Expenses- Note-19.02 -
(Amount in Taka)

Written down
value at 30
June,2020

-
1,103,158
59,585,981
-
5,267,951
35,342
-
45,525
-
-
8,630,592
-
74,668,549
(Amount in Taka)

Written down
value at 30
June,2019

-
228,200
-
0
35,400
-
45,600
-
-
-
309,200
 DR INDUSTRIES LTD
Schedule of Fixed Assets
As at June 30, 2020
Annexure-A
(Amount in T
Cost Depreciation
Rate
Particulars Balance as on Balance as on Balance as on Charge during Balance as on
Addition Disposal (%) Disposal
1st July, 2019 30 June , 2020 1st July,2019 the year 30 June,2020
Land & Land Development - - - - -
Building & Other Construction 228,200 876,800 1,105,000 20% 221,000 221,000
Plant & Machinery - 59,685,457 59,685,457 20% 11,937,091 11,937,091
Electrical Installation - 20% - -
FactoryTools & Equipment - 5,276,746 5,276,746 20% 1,055,349 1,055,349
Office Equipment 35,400 35,400 20% 7,080 7,080
Gas Line Installation - - 20% - -
Furniture & Fixture 45,600 45,600 10% 4,560 4,560
Computer & Computer Accessories - - 20% - -
Generator & Motors - - 20% - -
Vehicle - 8,645,000 8,645,000 20% 1,729,000 1,729,000
Fire Extinguisher - 20% - -
Balance as om June 30, 2020 309,200 74,484,003 - 74,793,203 - 14,954,081 - 14,954,081

Depreciation Allocated to:

Charged during the year 14,954,081
14,954,081
Factory Overhead -22.08 10,467,856
Administrative Expenses - Note 19.01 2,243,112
Selling & Distribution Expenses- Note-19.02 2,243,112

DR INDUSTRIES LTD
Schedule of Fixed Assets
As at June 30, 2019
Annexure-A
(Amount in T
 Cost Depreciation
Rate
Particulars Balance as on Balance as on (%) Balance as on Charge during Balance as on
1st July, 2018 Addition Disposal 30 June , 2019 1st July,2018 the year Disposal 30 June,2019
Land & Land Development - - - - -
Building & Other Construction 228,200 228,200 20% -
Plant & Machinery - 20% - -
Electrical Installation 0 20% -
Office Equipment 35,400 35,400 20% -
Gas Line Installation - - 20% -
Furniture & Fixture 45,600 45,600 20% -
Computer & Computer Accessories - - 10% -
Generator & Motors - 20% -
Fire Extinguisher - 20% -
Balance as om June 30, 2019 - 309,200 - 309,200 - - - -

Depreciation Allocated to:

Charged during the year

Factory Overhead -22.08

Administrative Expenses - Note 19.01
Selling & Distribution Expenses- Note-19.02 -
(Amount in Taka)
Written down
value at 30
June,2020
-
884,000
47,748,366
-
4,221,397
28,320
-
41,040
-
-
6,916,000
-
59,839,122

(Amount in Taka)
Written down
value at 30
June,2019
-
228,200
-
0
35,400
-
45,600
-
-
-
309,200
.
Temporary Difference
Particulars Note Basis Taxable
.
Property, Plant & Equipment:
WDV as per Book value 74,668,549.00
WDV as per Tax Sch #REF!
#REF! #REF!

Provision for expenses:

Book value Err:509
Tax Sch 0
Err:509

Taxable/(Deductible) termporary Diference #REF!

Total Taxable/(Deductible) termporary Diference
Rate
Deferred Tax liabilities-closing
Less: Op. Balance
Tax expense/(benefit)

Tax expense/(Benefit) #REF!

Deferred Tax Asset Dr -

Provision for Current Tax 20,327,942

Deferred Tax Liabilities #REF!

#REF! #REF!
Temporary Difference
Deductible

Err:509 4012726

Err:509
#REF!
35.00%
#REF!
#REF!
#REF!