BFCSm

Connecting Progress

iitl

BDCOM ONLINE LTD.

m
1** QuarterlyFinancial co
Statelnents { U na ud ited}
d.
ab
nk
la

Far the period ended

Sepfem ber 2A23

Financial Year: 2O33-tOA4

 66 333 666 BDC$ln'
Connecting Progress'
BDCOM ONLINE LTD.
Statement of Financial Position (Un-Audited)
As at SePtember 30,2023
--- Amount in Taka
Particulars Notes 30.06.2023
30.09.2023

ASSETS:
A. Non-Current Assets 734 7
4 332,362,r82 334,000,1.43
Property, Plant and EquiPment
5 19,4t2,324 23,422,332
Right-of-Use Assets
6 108 228 108 292 728
Long Term Deposit & PrePaYment
7
B. Current Assets
7 74,847,L96 17,412,967
lnventories
8 25,527,675 26,597,774
Advances, Deposits & PrePaYments
9 97,218,349 96,938,921
Advance lncome Tax
Trade Receivables 10 172,L62,359 146,353,395
Other Receivables LI L3,677,796 8,820,967
lnvestment in Shares L2 4,739,336 4,739,336
Investment in FDR 13 400,o19,256 397,749,370
L4 53 286 95 186
Cash and Cash Equivalents

m
TOTAL ASSETS (A+B) L,228,756,987 L,L99,U8.947_
SHAREHOLDERS' EQUITY AND LIABILITIES:
C. Shareholders' Equity:
Share Capital
Share Premium
co L5
L6
570,864,990
92,319,960
570,864,990
92,3L9,960
1

Tax Holiday Reserve L7 21,555,878 21,555,878

d.
18 22 419 23 11 453
Retained Earnings
D. Non- Current Liabilities:
Long Term Loan L9 982,375 7,220,023
ab

Lease Liability 20 22,208,384 26,681",977

Deferred Tax Liabilities 21, 3,794,739 3,957,992

f . Curtent Liabilities:
247 780
nk

Trade Payables 22 L71,703,182 103,760,079

Other Payables 23 82,759,893 82,489,633
Unclaimed Dividend 24 2,154,645 2,156,784
Provision for lncome Tax 2s 33,947,523 23,593,822
la

Current Pontion of Long Term Loan 26 L,744,878 2,591,532

ShortTerm Loan 27 t2t 3 97 930

TOTAT EQUITY & LIABIIITIES (C+D+E) JruJ55887-_ J_ESASpg-

32 L6.4L 16.06
Net Assets Value (NAV) Per Share
The accompanvi notes ral part of these Financial Statements.
(

/
Chief Financial Officer Managing Director

Dhaka
Date: November t3,2023
1

BDCOIV ONLINE LTD.

JL Bhaban (5th floor), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

,s:. +8809666 ,r, 666 t:al off rce@bdcom.com ir /company/bdcom r. f, /bclcom :.J. www.bdcom.conr
 I

66 333 666
BDC$lIl'
Connecting Progress'

BDCOM ONLINE LTD.

Statement of Profit or Loss and Other Comprehensive lncome (Un-Audited)
For the period from July OL,2023 to September 30,2023

Amount in Taka
Particulars Notes Unit-1 Unit-2 Jul 2023 to Jul 2022 to
Unit-3 IPTSP
Sep 2022
tsP SDP Sep 2023

Reven u e 1.63,487,720 7,599,436 1"1",932,91-5 183,020,071 175,557,529

(74,343,401) (2,066,s72]| (3,221.,920) (79,631,893) (80,9s0,047)
Cost of Sales & Services
Gross Profit : A 89,144,3L9 5,532,864 8,710,995 103,388,178 94,607
'482
(s8,019,798) (4,800,873) (4,1.1.9,s82) (66,940,2s3) (64,498,720)
Administrative and Marketing Expenses
4 (10,427,786) (1.67,304) (5s1,006) (1"L,146,O96) (11,168,771.)
Depreciation
Total Expenses : B (68,447,584) (4,968,L771 (4,670,588) (78,086,3491 175,666,89t1

20,696,735 564,687 4,040,407 25,30L,829 18,940,591

m
Operating Profit : A-B

Non-Operating lncome 7,08s,343 798,429 7,283,772 6,70r,471

Net unrealized Gain/(Loss) on (280,732)
28 co
Marketable Equities
Financial Charges (7s3,008) (7s3,008) (812,s13)

Net Profit Before WPPF & WF 21,029,070 763,LL6 4,040,407 31,832,593 24,549,4L7

Contribution to WPPF & WF @ 5% (7,287,099) (36,339) (192,400]| (1,515,838) (1,169,020)

d.
Net Profit Before Tax 25,741,97L 726,777 3,848,OO7 30,316,755 23,380,397

lncorne Tax Expense 25.0L (s,286,894) (201,s99) (87s,s49) 1'1,0,364,042) (s,0s3,810)

ab

Deferred Tax Expenses)/lncome

( 21, I57,253 157,253 45,698

Net Profit After Tax 16,672,330 525,778 2,972,458 20,709,966 78,372,284

Retained Earnings Carried Forward 76,6t2,330 525,t78 2,972,458 20,tog,966 18,372,284

nk

Basic Earnings Per Share 29 0.3s o.32

la

The accompanying notes are integral part ofthese Financial Statements

,/ ,tttt

/
Chief Financial Officer ED Managing Director

Director Chairma

Dhaka
Date: November 13,2023

BDCOIVl ONLINE LTD.

JL Bhaban (5th floor), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, BanglaCesh
'-
lra: +t1809666 333 666 office@bdcom.com i -r /company/btlcom .'! /bdcom .r.) www.bdcom.cont
 I

66 333 666
BDC$lll'
Connecting Progress'

BDCOM ONLINE LTD.

Statement of Changes in Equity (Un-Audited)
For the period from July OL,2023 to September 3O,2023

Tax Holiday Share Retained Amount in Taka

Particula rs Share Capital Total
Reserve Premium Earnings

s70,864,990 21",555,878 92,319,960 232,172,453 916,853,281,

Balance as on 01.07.2023
20,109,966 20,109,966
Net profit after tax for the Period
570.854,990 21.555.878 92,319,960 252.222,4L9 936.963,248
Balance as on 30.09.2023

Statement of Changes in Equity (Un-Audited)

m
For the period from July 01, 2022 to Septem ber 30, 2022

Tax Holiday Share Retained Amount in Taka

Pa

Balance as on 01.07.2022
rticulars Share Capital

s70,864,990
co
Reserve

21,555,878
Premium

92,319,960
Earnings

21.4,652,901
Total

899,393,729

Net profit after tax for the period 1.8,372,284 18,372,284

d.
570,864,990 2r,555,878 92,3t9,960 233,O25,t85 gtt,766,073
Balance as on 30.09.2022
ab

/
nk

Chief Financial Officer Managing Director

la

Chairma

Dhaka
Date: November 13,2023

BDCOIVi ONLlNE LTD.

JL Bhaban (5th f|000, House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

666 a:;.off ice@bdcom.com ,;ri /company/bdcom

':i /bdcom www.bdcom"com
aa: +8S09666 333 -.i
 I

66 333 666
BDG$ln',
Connecting Progress'

BDCOM ONLINE LTD.

Statement of Cash Flows (Un-Audited)
For the period from July OL,2023 to September 3O'2023
Amount in Taka
Particulars Jul 2023 to Jul2022to
Sep 2023 Seo 2022

A. Cash flows from operating activities:

Receipts from sales, services & others 157,21t,L07 L60,688,547
Bank lnterest-STD & 0thers 15,531
(1,0,289,768)(1L,237,772)
Payment of lncome Tax
(137,455,347)(134,68L,814)
Cash payment to suPPliers & others
Net cash provided by/(used in) operating activities 9, 48L,523 L4,768,901

B. Cash flows from investing activities:

Acquisition of Property, plant & equipment (9,508,135) (7,357,758)
FDR lnterest received 2,47L,40'/ 2,267,530
lnvestment in Fixed Deposit Receipt (2,269,947) (1,776,913\
Long Term Security DePosit (25,500) 3

m
Net cash provided by/(used in) investing activities (9,332,t751 (6,853,141)

C. Cash flows from financing activities:

Cash Dividend
co (2,139) (5,394)
Long Term Loan (231,647) (981,14s)
Current Portion of Long Term Loan (846,654) (20,065)
Short Term Loan (480,80e) 22 6
d.
Net cash provided by/(used in) financing activities (1, 567,2491 (23,624,7051

(13,778)
D. Effect of exchange rate changes in cash and cash equivalents
ab

(L3,778l.

Net-increase/ (decrease) in cash & cash equivalents (A+B+C+D) (1,4L7,9OO1 (L5,732,722)

Cash & Cash Equivalents at the beginning of the period 950 L85 69,437,736
.286
nk

Cash & Cash Equivalents at the end of the period 40, 53, 013

Net Operating Cash Flows Per Share (NOCFPS) Note-31.00 o.L7 o.26
la

The accornpanying notes are integral part of these Financial Statements

t-4

/
Chief Financial Officer Managing Director

**
irector Chai

Dhaka
**
:#::r::::::::::::l
Date: November L3,2023

BDCOI\,1 ONLINE LTD.

JL Bhaban (5th lloor), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

ia +8809666 333 666 f Jl office@bdcom.corn i.i /company/bdcom f' /bdcom J www-bdcom.conr

 66 333 666
BDC$ln'
Connecting Progress'
BDCOM ONLINE LTD,
For the period from Iuly 01, 2023to September 30,2023
Selected ExPlanatorY Notes:

for better understanding of

This interim financial report includes only those selected explanatory notes as were deemed appropriate
unaudited financial statements.

1.OO BDCOM ONLINE LTD. was incorporated in Bangladesh on 12 February 1997 as a Private
Limited Company vlde certificate of
incorporation No:C-3232g (L44glg7) dated 12 February 1997 by the Registrar of Joint Stock Companies & Firms and was converted
public Limited company on December 2001. The shares of the Company are traded with the Dhaka stock Exchange Ltd' and
into a 1"2

Chittagong Stock Exchange Ltd'

2.00 Nature of Business: The Company is primarily engaged as an Internet Service Provider (lSP) in Bangladesh, which includes Web Page
Software Design & Hosting, Leased Port lnternet Access, Total Network Solutions and Nationwide Data Services ln addition, the
Services (VTS), Business Process
Company is conducting Customized Software Development, Broadband lnternet, Vehicle Tracking
Short Code Parking, Fiber Optic, Machinery
Outsourcing, lp Telephony Services (IPTSP), IPPBX Solutions, Hosted Conference Bridge,
and Hardware Sales.

3.00 Basis of preparation of Financial statements: The Financial statements of the Company are prepared on a going concern basis under
Financial Reporting
historical cost convention and in accordance with the lnternational Accounting standards (lASs) and lnternational
applicable in Bangladesh'
Standards (lFRSs), the Companies Act 1994, the Securities and Exchange Rules 2020 and other laws and rules
previous year's figure has been re-arranged whenever considered necessary to ensure comparability with the current year's
presentation as per IAS-S "Accounting Policies, Changes in Accounting Estimates and Errors"'

m
4,00 Property Plant and Equipment:
The break up of the amount is as follows
Unit-1 Unit-2 Unit-3 Amount in Taka
Particulars

Cost:
Opening Balance at 01.07.23
Taka

913,514,133
co
Taka

52,060,880
Taka

37,077,358
30.09.2023

L,002,6s2,37t
30.06.2023

954,533,000
7,126,296 L,781,839 9,508,135 48,1L9,371.
Addition during the period
d.
Less: Adiustment during the Period
92L,240,429 52,060,880 38,859,197 1,012,160,506 L,OO2,652,371
Closing Balance
Accumulated
668,652,228 617,422,1.68
ab

Opening Balance at 01.07.23 594,885,1,64 47,971,999 25,795,065

167,304 551,006 L]-,1,46,096 5 1,230,060
Add: Charged during the period L0,421 ,786
Less: Adjustment during the Period
Closing Balanid- 605,312,950 48,139,303 26,346,07L 679,798,324 668,5s2,228
nk

wDV 30/osl2023(A-B) 3t5.927.479 3.921.577 12,513,t26 332.362.182

318,628,969 4.088.881 334.000.143
wDV 30/06/2023(A-B)
la

5.oo Right of Use ofAsSets:

12,324 332
Right of Use of Assets:
L9,4L2,324
Total Taka
d
il#

#
,#3
6,00 Long term deposit & prepayment:

The break up of the amount is as follows:

Particulars
5,000 s,000
BTCL for telephone line
109,065 109,065
Security against bandwidth (BTCL & others)
35,084 35,084
Security against E1 & others (BTCL)
L02,770,0L0 102,170,010
Prepayment to BEZA
5,399,069 5,373,569
Others deposit
108,3J8,228 tog.292.728
Total Taka

BDCOIVI ONLINE LTD.

JL Bhaban (5th floo0, House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

+: ' 8809666 333 666 : ofirce@bdcon.com ir /companyzhtlcom r , bdcom , www.bdc0m.c0m

 I

66 333 666
BDC$[Il'
Connecting Progress"
I nventories
Amount in Taka
30.o9.2023 30.06.2023
l-he break up of the amount is as follows:

Parti cu I ars
521,692 546,445
Accesso ri es
3,556,477 4,584,624
GLP & GPRS IVodem & Accessories
L,164,533 L,221,426
IP Telephony Hardware
507,31.2 567,150
Modem, IVedia Converter & Concentrators
6,979,805 8,003,406
Switch, Router, Equipment & Others
209,032 L35,776
Stationery
56L,L73 931,173
Fiber Optic Cable
1",347,r13 1,422,961-
Radio Equipment
Total Taka
t4 847,L96 t7.4t2.961

8.00 Advances, Deposits & Pre-payments:

The break up of the amount is as follows:

Pprticll-ac
A) Advances :
6,3s0,643 6,300,s97
Against Salary
4,41,1,,819 5,t18,290
Advance to suppliers and others
Advance VAT 4,1"87,11,0 3,031,045

m
t4,949,572 14,509 ,932
Total
B) Deposits :
66 t]-,022 a(
Security deposit / Earnest moneY
co
Total 9,428,566 Lt,022,885

C) Pre-payments

rotal (A+B+c)
-EEU-il!-ru
d.
The sum of advances are unsecured but realizable. Advance against salary includes amount which are recoverable from Managing
Director (Paid) of the company.
ab

9.00 Advance income Tax:

The break up of the amount is as follows:

nk

PaL!r!ulrrs
Opening balance 86,938,921. 74,598,161
10, ,427 51,741,,097
Add: Addition during the year
97,2t8,349 L26,339,258
la

(39,400 .337\
Less: Adjustment for previous years
97 8.349 85.938.921
Total Taka

L0.00 Trade Receivables:

The break up of the amount is as follows:

Particulars
127 ,409,027 1"0\,552,279
lnternet & Data Service
15,619,493 t5,249,87 3
IP Telephone Service
28,4t9,864 28,730,992
Web page, Software & Data Transmit
7L3,976 820,2sr
Hardware, Switch & Others
__172,162;39_ 3.395
Total Taka

The surr of Accounts Receivable are unsecured but realizable. lt includes no such amount which are recoverable from Directors of the
com pa ny.

BDCOIVI ONLINE LTD.

JL Bhaban (5th iloofl, House # I, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

666 i:a j1' /company/bdcom {'/bdcom ,:

ai t-8809666 333 off ice@bdcom.com www.bdcom.com
 66 333 666
BDC$ln'
Connecting Progress"
00 Other Receivables:
The break up of the amount is as follows:
UNIT-1 UNIT-2 Amount in Taka
Pa rti cu ars UNIT-3 IPTSP
30.05.2023
I
lsP SDP 30.09.2023
13,449,s20 t68,276 t3,617,796 8,820,96L
FDR lnterest Receivables
L3.449,520 L68,276 t3,6L7,796 8,820,961
Total Taka

12.00 lnvestment in Shares (At market value):

The break up of the amount is as follows:

Particulars
1,622,083 L,622,083
/\B Banl< Limited
IFADAUTOS
3,t17,253 3,1"17,253
336
Total Taka

13.00 lnvestment in FDR:

Investment in FDR
Total Taka 4O0,Ot9,2s6 397J49;LO-

L4,oo cash and Cash Equivalents:

m
1",507,255 989,801
Cash in Hand
Cash at Bank 37,648,316 39,587,871"
Cash Available in Share Trading Account 1,376,7t5 1.372.51,5
Total Taka 2.286 ___1ur0,u9-
co
15.00 5h3ys Capital:
d.
Authorized Capital : Taka 1000,000,000
100,000,000 Ordinary shares of Taka. l-O each f:: lloo"oooooolf l-jjj-ioo"oool
ab

lssued, Subscribed and Paid-up Capital :

5 s70.854.990
57 ,086,499 Ordinary shares of Taka. 10 each

15.00 Share Premium:

nk

The break up of the amount is as follows

Particulars
Opening balance 92,319,960 92,319,960
1g 960 ___9281X964_
Total Taka
la

17.00 Tax HolidaV Reserve

55,878 21",555,818_
Tax Holiday Reserve
Total Taka ____4J55,828-

SoftwareDevelopn-rentproject(SDP),Unit-2oftheCompanyhasenjoyedtaxholidayfor5(five) yearscommencingfrom January0l,

2OO2toDecember3l,2006.Taxholidayreservehadbeenprovided @40%ol netincomeof therespectiveyearsulrtoDecember3l", *$

2C06 in line with the approval from the NBR to invest in the same undertaking or in any new industrial or in stocks and shares
of listed

Coinpanies or in Government bonds or Securities or for other purposes as specified in the lncome Tax Ordinance 1984. *
18.00 Retained Earnings:
The break up of the amount is as follows:

,P-erlilulal! ;r-w:tr1
232,1"L2,453 214,652,90L
Openlng balance
20,109,966 74,546,gsL
Add: Net profit after tax during the period
252,222,4L9 289,198,952
(s7,086,499) ffii-:e;"*l
Less: Castt dividend (FY .202I'22) @ 10%
252,222,4t9 232,LLz,453

BDCOIVI ONLINE LTD.

JL Bhaban (5th fioor), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-12i2, Bangladesh

n: + 8809666 333 666 : oliice-Obdconr.rorn i r /c0mpany'bdr:om r /bd(om , ww\v.hdcum.c0nl

 I

66 333 666
BDC$ln'
Connecting Progress'
Amount in Taka
.00 Long Term Loan:
30.06.2023
30.09.2023
The break up of the amount is as follows:
Pa rticu la rs Account Numbers

A) Shahjalal lslami Bank Ltd.(Motor Vehicle) 4001 36400000423 228,450 970,538

Less: Current Portion of Long Term Loan

Q28,450\ (970,s38)

Total Taka (A)

4001 36400000435 438,080 s23,016

B) Shahjalal lslami Bank Ltd.(Motor Vehicle)
(3s8,200) (3s8 ,200)
Less: Current Portion of Long Term Loan
79,880 164,8t6
Total Taka (B)

02135001478 870,031 917,7t3

C) Bank Asia Ltd. (Motor Vehicle)
Less: Current Portion of Long-Term Loan
1421,s24]) (4ts,992)
Total Taka (C)
448,507 50L,72r

D) Bank Asla Ltd.(Motor Vehicle) 02 L35001490 L,t90,692 L,282,126

Less: Current Portion of Long-Term Loan
(736,704) (728'640\
Total Taka (D)
453,988 5s3,486

(Motor Vehicle) 2025392404 t18,t62

E) Prlme Bank Ltd.
(1L8,1,62)
Less: Current Portion of Long-Term Loan

982,375

m
L,220,023
Total Taka (A+B+c+D+E)

20.00 Lease Liabilitv:

co 08,384 1
Lease Liability
Total Taka 22,208,384 26,68L,97L
d.
ab

21.00 Deferred Tax Liabilities:

The break up of the amount is as follows

Carrying Taxable/(Deduc
Particulars Tax Base (Tk.)
Amount (Tk.)
nk

at September 30,2023
Property, PIant & Equipment (Excluding Land) 305,362,181 288,496,676 16,865,505
porary Taxable Difference for PPE 16,865,s05
Less: Unealized Loss on Marketable Securities
la

16,86s,505
Temporary Taxable Difference
22.50%
ble Tax Rate
as at 3.794.739

at June 30, 2023

307,000,1,43 289,053,967 17,946,176
Property, Plant & Equipment (Excluding Land)
mporary laxable Difference for PPE t7,946,176
Less: Unrealized Loss on Marketable Securities
Net Temporary Taxable Difference 17,564,408
ble Tax
as at June
,157,253
Tax

*
8

BDCOIVI ONLINE LTD.

JL Bhaban (5th floor), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

+' +8809066 333 666 : oIlicerobdcom.com lr /c0mpat\y/bdc0nr i /bdcom , v^vw.b0cum.co''tl

 66 333 666 BDG$lll'
Con n ectin g Progress"
Amount in Taka
.00 Trade Payables
30.09.2023 30.06.2023

The break up of the amount is as follows

Pa rticu la rs
Sundry Creditors
t 7

Total Taka __tLuBe_ ___1o3,J59p2_

23.00 Other Payables:

The break up of the amount is as follows
Parti cu lars
17,L14,457 L6,298,365
Liability for Expenses
6s,49s,93s 66,04L,768
Liability for Other Finance
149,500 149,500
Audit Fee Payable
82,759,893 ___u,489,633__
Total Taka

24,00 Unclaimed Dividend:

The summary of unclaimed divldend is as follows:
For the financial year
527,498 528,008
201,9-2070
61,4,966 615,495
2020-202L
965,747 966,841

m
2021-2022
46,434 46,434
Bank lnterest Received Net of AIT & Charges (26.06'23)
2.155.784
Total Taka
As per BSEC directive no. BSEC/CMRRCD/2021-386103 dated 14th January 2021 and the Bangladesh securities and
Exchange

Commission (Capital Market Stabilization Fund) Rules, 2021

bank interest received net of Tax and charges up to
BDCOM
04.01.2023) to
has transferred
capital Market
a total
co
BDT
stabilization
5,350,351.14
Fund (cMSF)
(3 years
Account
above
No.
including
sND A/c-
0010311521301.
d.
25.00 Provision for lncome Tax:

Current Tax
ab

Opening Balance 23,593,822 22,296,794

Add : Provision made during the period ( Note:25.01) 10,353,700 23,593,823
33,947,523 45,890,6L6
ndd: Provisionirade for Previous Years
- L7,L03,543
- (39,400,337)
for previous years
-'--e;-sl?W-- n"-6f@
nk

Less : Adjustment
Closing Balance

25.01 Current Tax:

la

The break up of the'amount is as follows:

UNIT.1 UNIT.2
UNIT-3 IPTSP
-: Jul 2023Amount
to
in Taka
)ul2022to
Parti cu lars
lsP SDP
Seo 2023 Sep 2022
25,741,97L 726,777 3,848,O07 30,31.6,755 23,380,397
Profit Before Tax
Less : Tax Exempted Profit (Note- 456,196 L,756,423.
204,666 251,530
25.01.01)
25,537,305 475,247 3,848,007 29,860,559 2t,623,976
Net Profit Before Tax
1,0,427,786 167,304 551,006 LL,t46,096 1"1,,L68,771
Add : Accounting Depreciation
(9,40s,130) (1s2,610) (s07,68s) ( 10,065,42s) (10,611,501)
Less: Tax Depreciation
Add: Net unrealized Loss/(Gain) on sale 280,132
of lVlarketable Securities
26,559,962 489,941 3,891,328 30,941,230 22,46t,379
Taxable Profit
2250% 22.50% 22.50% 22s0% 22.50%
I Tax Rate
(4)- 5,975,99L L10,237 875,549 6,961,777 s,0s3,810
Tax Expenses for the Period
Minimum Tax (B) 9,276,553 201,599 79t,s77 10,275,729
1"0,341 10,341
Add: Tax Expense for Previous Years (C)

Total Tax Expenses for the Period 20L,s99 875,549 10,364,O42 s,0s3,810
9,286,894
(HisherofA&BPlusC)

BDCOIVI ONLINE LTD.

JL Bhaban (5th f1000, House # 1, Road # 1, Gulshan Avenue, Gu!shan-1, Dhaka-I212, Bangladesh

a,i -i 8809666 333 666 :*l off ice@bdcom.com ir /c0mpanv/bdc0m I /bdcom ,) www bdcom.com
 6 333 666
BDC$ln'
Connecting Progress'
Tax Exempted Profit;

The break up of the amount is as follows:

UNIT.1 UNIT.2 Jul2O22to

UNIT-3 IPTSP Jul 2023 to
Particu I ars SDP
lsP

Tax revenue d u ng the 1,299,839 2,630,090

nse of tax (1,095,173) Q.378,559\
204,666 251,530 456,196 1,756,42L
Tax Exempted Profit

& ITES are exempted up to

As per Sixth Schedule, part-A, para -33 of lncome Tax Ordinance, 1984 income from software development
June 30, 2024.

26.00 Current Portion of Long Term Loan: Amount in Taka

30.o9.2023 30.06.2023
The break up of the amount is as follows:
Particulars Account Number
970,538
228,4s0
Shahjalal lslami Bank Ltd.(Motor Vehicle) 4001 36400000423
3s8,200 358,200
Shahjalal lslami Bank Ltd.(Motor Vehicle) 4001 36400000435
4L5,992
Bank Asia Ltd.(Motor Vehicle)
02135001478 421,524
728,640
Bank Asia Ltd. (Motor Vehicle)
02135001490 736,704
Prime Bank Ltd. (Motor Vehicle)
2025392404 1,1.8,162
L,744,878 2,59 t,532
Total Taka

m
27.00 Short Term Loan:

The break up of the amount is as follows:

co
Particulars Account Number
Prime Bank Ltd.-SOD 12777590042804 t7,00t,722 17,830,446
d.
Prime Bank Ltd.-SOD 2L277250L6s03 t5,496,899
Total Taka t 32,978,930
ab

28.00 Sustainable Estimated Gain/(Loss) on Marketable Securities:

The break up of+he amount is as follows:
nk

Jul 2023 to Jul2022to

Parti cu I ars Sep 2023 Sep 2022
1",622,083 3,399,660
AB Bank Ltd.
3,1L7,253 1,,721.,444
IFAD ATJTOS
5,L21,L04
la

Fair market value of investment in shares as at June 30,2023 4,739,336

investment in shares as at I 2023 ote L 4,739,336 4,840,971
Less:Fair market val
Total Estimated Profit/(Loss) on Marketable Securities l28O,L32l
nt r 2023
1280.t321
Total Estimated Profit/(Loss) on Marketable Securities

29.00 Earning Per Share (EPS):

The break up of the amount is as follows:
Parti cu I ars
Profit from continuing operation attributable to the ordinary equity holders
Profit attributable to the ordinary equity holders

Number of Shares 51 ,086,499 51 ,086,499

0.35 0.32
Earning Per Share

10

BDCOIVi ONLINE LTD.

JL Bhaban (5th fl00r), House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh

t: +8809666 333 666 : off ice@brlconr.com ,t ;company'bdcon i /bd(onr www.bdcorn.com

 I

66 333 666
BDC$ln',
Connecting Progress'
Cash flows from operating activities:

cash flows fronr the

Statement of Cash Flows have been prepared in accordance with IAS 7 "statement of Cash Flows" and the
operating activities are shown under indirect method as activities.
Amount in Taka
Jul 2023 to tul ?O22to
Reconciliation of Cash Flows from operatins activities Sep 2023 Sep 2022

30,316,755 23,380,397
Net profit before tax
280,132
Add: Unealized Loss/(gain) on sale of security instrument
Less: Non-operating income
(7,268,241,1 $,7AL47t)
(1.0,289,768], (L|,237,712)
Less: Tax payment
(463,s79) (44,ss6)
Add: Non-Cash Expense (Lease Rent)
LL,146,096 1,1,L68,771
Add: Depreciation
Add/(Less) : Changes in working Capital :
2,565,165 (781,013)
nventory
I

(25,808,964) (14,868,982)
Trade receivables
t,070,099 689,872
Advance deposit prepayments
816,092 (2s,197\
Liability for expenses
Liability for other finance (s45,833) 16,362,35s
Trade payable 7,943,LO3 _ (3,4s3,037)
Net cash provided by/(used in) operation activities 9,487,523 .-Jll68fY,-

m
31.00 Net Operating Cash Flows Per Share (NOCFPS):

The break uo of the amount is as foilows:

Pa rti cu lars
Net cash generated frorn operating activities
co
57,086,499
d.
Number of Shares 57,086,499

lJet Operating Cash Flows Per Share o.L7 0.26

ab

32.00 Net Asset Valu-e Per Share (NAVPS):

lhe break up of the arncunt is as follows
nk

Partleu!afs
L,228,]56,987 t,196,278,O47
I'otal Assets
'l'ctal Liabilities (291-,793,739]| (279,424,765)
Net Asset Value (NAV) 6,963,248
la

Nunrber of Shares s7,086,499 s7,086,499

Net Asset Value Per Share t6.4L 16.06

11

BDCOIVi ONL]NE LTD,

JL Bhaban (5th f1000, House # 1, Road # 1, Gulshan Avenue, Gulshan-1, Dhaka-I212, Bangladesh
-]'/bdcom
irii +8809666 333 666 i-r office@bdcom"com jll /company/bdcom ;J www.bdcom.com
 66 333 666
BDC$ln'
Connecting Progress'

33.00 Related Party Disclosures :

is illustrated below in accordance with IAS 24 ;

33.01 The details of Related Party Transaction during the period along with the relationship
Total
Total Paid
Name of the related Relationship with Nature of Transaction Balance
during the Remarks
party company Tra nsaction during the 30.0e.2023 (rk.)
Period
oeriod
Fiber @ Home Global Concern Under LO,461,450 70,029,802 Trade Creditors
tlG Bandwidth L2,675,525
Ltd Common Met.
Concern Under 13,401,390 Trade Creditors
Fiber @ Home Ltd NTTN Service 12,452,353 L4,880,762
Common Mst.

and use NTTN (Nationwide

We as lT Sector Company, for lT related services and data connectivity we have to purchase Bandwidth
Bandwidth and NTTN, only
Telecommunication Transmission Network) line as rental basis from service provider companies. Regarding
Ltd. and for NTTN, Fiber @ Home Ltd is our service
few companies operate in Bangladesh. For Bandwidth, Fiber @ Home GIobal
provider and also our related party. We have transactions with those companies regarding Bandwidth purchase & NTTN line rent as a
part of our normal course of regular business operation with arm's length price'
In the 25th AGM held on 17 December 2021 general body of Company's Shareholder approved the matter
for that year and onward for
smooth and uninterrupted transaction/ operation of the Company in line with BSEC notification no: BSEC/CMRRCD/7009-L93/tO
Admin/118 dated 22 March 2027 clause (1) (b).

m
33.02 Disclosure of Managerial Remuneration:
ofthe company during the year is as follows:
The total arnount of remuneration and benefits paid to the top five (05) salaried officers

Name
Mr. S.M Golam Faruk Alamgir
Mr. A.K.M Kutub Uddln
co Designation
Manasing Director (MD)
Executive Director & Company Secrglgly-
30,09.2023 (Tk.)
1,070,250
7 04,,1'7 5

Executive Director, Marketing & Planning 1,027,500

IVlr. lVld. Monowar Hossain Khan
d.
Chief Financial Officer (CFO) 765,000
Mr. Faker Ahmed FCA
Chief Technical Officer (CTO) 772,7 67
Mr. S.M Kamruzzaman
ab
nk
la

12

BDCOIVI ONLINE LTD.

JL Bhalran (5th floor), i-louse # l, Road # l, Gulshan AvenLre, Gulshan-L,Dhaka'Lzl?, Bangladesh

+- -8809666 333 666 : officclobdcom.com ii icornpanyzbdconr | /bdcont r www.bdcom.cont