Blue Planet Fashionwear Limited

Statement of Financial Position

as at lune 30.2022

Amountin Taka Amountin Taka

Particulars Notes
lrI]-e 30,2022 lune s0,2021

A;sglsi
Non-Currcnt Assets: 5 L49 660
Propc.ty, Plant and Equipmcnt 4_00 503,911,14.1 546,708,660
Prelinlinary Expenses 115 000 115 00

1S 7 736 959 085,916

5.00 425,1:17,975 281,171,41)6
Bills Rec€ivable 6.00 270,626,6n6 760,739,577
AdvaDCes, Deposits and ll epayments 7.00 206,355,83r1 208,1ir8,500
Loan lir lnter Colnpany 8.00 100,000,000 100,000,000
Advancc lncome Tax 9.00 7,962,2U7 5,474,7 04
Cash & Cash tlquivalertts 10_00 746,793 949 203 51 639

Total Assets: 1,660,902,885 1 05 909 576

Sh a re h o I de rs E o u itv & Liab ilitie s :

Equity attributable to the Shareholders 73 t4 t62 8 207 6a5

Ordinary Share Capital 11.00 10,000,000 10,000,000
Retained Earnin8s 12.00 12 742,162 7 07 85

Liobilities:

N on Curre n t Lia bilitie s 6 269,160 70 0 725

13.00 679 160 104,804,725

hrr.nr Liohilities 850,49 62 7l 90 166

Short Term Loan 14.00 801,391,04r1 692,410 ,:l:11)
Ac.ounts & others Payable 15.00 46,916,051 12,183,582
Provisn)n lor Ircorne Tax 16.00 351,631 5,:157,901
I'rovision lor Expenses 17.00 83 949 45

Total Liabilities: 1,529,760,723 1,421,707,491

Total Equi? qnd Liabilities: __}49!P9189s
-_-1's!i2!28L6
The aonexed nores lorm an intcgralparLolthis llnancial position.

D Managi Director
Md. Abdus Salam
Md. Abdul Awal Ilanaging Director
Director
Bue nanet Fashigltg{ !1q, Blue Planet Fashion$€af Ld

H.14 R{3 5.6

 Blue Planet Fashionwear Limited
Statements ofProfit or Loss and Other Comprehqnsive In€ome
for the lear ended tu!s.30-2022

Amount in Taka Amount in Taka

Particulars Notes 2020-2021
2021-2022

1rJ.00 1 ,6a2,50 6,7 43 1-,1-07,444,212

Sales Revenue
1 ,463 ,519 ,461) 96131A,675

2ta,9a7,27 4 746,125,597
Gross Profit
20.00 29,A7 5,37 3 7,477,1)54
Less: AdminisLr:ltive LiPenscs
189,111,90:l t3a,647,643
Operating Profit
21.00 133,260,13IJ 93,993,465
Lessr Financial LxPenscs
55,a51,763 44,654,174
Profit before Income Tax
22_Ot) n,917,2a6 5.357,901
Lessr Income Tax Eapenses
46,934,477 39,296,277
Profit after Income Tax for the Year

Thc annexc.lnoles Io II a integr.rl partqlthis l']rotitor l-oss an'l Other Comprehensive ln'ornc

r Man Director
Md. AbdulAwal Ivld. Abd'-rs sa!am
Director
l,,lanaqinq Direcrcr
Blue Phnet Fashionueal Lld' Llo'
Bha Planci Fashionweal

h-14, n 03 $6
Utbra olrakt230
 Blue Planet Fashionwear Limited
Slat€mcnl ol Changes m Equity
fur tlqllr efurn

Amountin Taka
Particulars OrdinaryShare
Retained Earnings Total
Capital
0pening Balance 10,000,000 7 4,207,643 a4,2A7,685
Irrofit:rlter Income Tax for the ycar 46,934,47 7 16,1)34,477
Balanc€ as on lune 30, 2021 10,000,000 L21,142,462 131,142,162

kr t!r!-y!!L edlnJ

Amount in Taka
Particulars OrdinaryShare
Retained Earnings Total
Capital
Op€ning Balance 10,000,000 3,1,911,408 4,1,911,,108
Profirafte.lncoDrcTax lor the year 39,296,277 3L),296,277
Balance as on lune 30, 2021 10,000,000 7 4,207,6a5 a4,207,6A5

D Director
Md. Abdul Awal
Director
Elue Planel Fashlonwe Ltd.
ilit#,ti:,',Fflf;

0-
 Blue Planet Fashionwear Limited
Statement of Cash Flows
fe!-the-vegLerdrdltlte3!-2lz
Amount in Taka Amount in Taka
Particulars
202r-2022 2020-2021

Cash Flow from Operating Activities:

Prolit/{Lossl rbr the Year 46,t)34,477 39,296,27 7

AdlustDrenL fbr non cash itcms 46,223,945 39,Aa1,244

(Increase) / Decrease in Current Assets 5 12 10 I9

1143,966,479) 10,985,480

Bills Rcccivable [109,887,109] 105,296,224

Advances, Deposits and Prepaymcnts 1,432,662 [104,000,813]
A.tvance hrcome Tax iJ ,328,032

Increase / (Decrease) in Current Liabilities 09 647 196 934

-\ccounts and othcr l'ayables 34,732,469 7,242,942
Accruals and Provisions (s,116,5 r.2) 4,738,723
l']rovisron for Income Ta 5 06 70 2 15 229

Net Cash used in Operating Activiti€s [a) (136,7 44,40L) 97,331,314

Cash Flow from lnvesting Activities:
Paymenl ior l'rope.ty, Plant:rnd Equipm€nt (3,426,434) 167,131,602)
Loan To hrter Company [1oo,o00,0ooJ
Cash Flow from I nvesting Activities: (B) (3,426,434) (a67 ,r3r,602)
Cash Flow from Financing Activities:
Long'lcrm llo.ro!\,inB )Jid)/receive [25,531,565) 35,467,973
Short Term Ilorrowins [pa'.1]/receive 108,980,710 135,839,949
Net Cash Used to Financing A.tivities: [C) a3,449,145 17t,307,462

Net Cash inflow/ outllowf A+B+C) (56,721,690) 10t,so7,574

Cash & Cash equivalents at the beginning ofthe Year 203,515,639 102,008,065
Cash & Cash equivalents at the end oftheYear 146,793,95O ,--------?-q!,515.6!e

The annexed notes fornl an inregralpart otlhis Cash llows.

Director
Md. AbOut nwat Md. qbdllg, ar:1,am
Director lilanaging oireclor
lld.
Blue Planet Fasiiolllrcar Eu6 Pl |et Fashionr€ar LE.

l].14 R.0l $6
Llika
 Amount in Taka Amout in Taka
l\ne 30,2o2z lnIle 30,2021
4.00 Property, Plant and [quipment I Tk. S03,911,149
'lhis is madc up as ldlousi
Particulars
Written Down Value:
Opening Balance 546,7 04,660 519,162,302
Addr A-rldition.luring lhe year 3,426,4:14 67,131,602
s50,135,094 586,593,904
Less: Depreciation during the year .16,223,945 39,885,244
Written Down Value 503, 9tL,149 __l!sL99,960
The details Schedule of Propcrty, Irlant & [quipment are shown in altached Annexure- A

S.00 Inventoriesr Tk. 425,137,97 5

'Ihis is mad€ Lrp as follows:
Particulars
Closing Slock 425,737,97 5 2A 17
Total: ____!z,ilJzE 29!E!126

6.00 Bills Receivable. Tk 27O,626,6A6

'lhrs is made uf as loll{rws .
Particulars
Bills Receivable 274 86 160,7',39 ,57 7
Total: 27O,626t646 160,739,577

7.00 Advances, D€posits & Prepaym€nts: Tk.206,355,838

This is made up as follows:
Particulars
Advance against Salary 11,613 230,000
Other dvance 207,:-144,225 207,958,500
I'IIR, NRI]S 5,000,000
Total: 206,355,838 208,1aa,500

8.00 Loan'to Inter Company:'Ik- 100,000,000

'l'hrs is madc up as follou,s:

Particulars
Loan to lnter company 100,000,000 100,000,000
Total: _____!-q-q,0-q!,09q 100,000,000

c.00 Advdnce lncome Ta\: Tk. 7,9b2,28?

'l'hrs is made up as follows

Particulars
0pcning Balancc 5,47 4,704 3,742,672
Addition dunng the year 7,962,247 5,47 0,104
Less: Adjustment during the year 5,471),1t)1 3,142,672
Totall 5,470,704
-----J2!2287
a

l].1{, n 03
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sri o
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 Amount in Taka Amountin Taka
l te30,2022 lune 30,2021
10.00 Cash & Cash Equivalents: Tl(. 146,793,949
This is made up as tbllowsl
Particulars
Crsh & Cash Equivalents 146,793,949 203,515,639
rotar: - l!9Je3e4e 291815'63e
The cash balance at tbc close ol the busiiress on 3otI lune, 2 021 has bccu taken and certilied bv the

11.00 Ordinary Share Capital: Tk. 10,000,000

This is madc up as follows:
Authorized Share Capital
5,000,000 0rdinary Shar€s ol Tk. 100 each 500,000,000 500,000,00u
_ !qq.9-q-q,0-q-0 ___ !q9.9-q-q,0-q0
Issued, Subscribed & Paid- up Capital
100,000 0rdinary Shares ol Tk. 100 each 10,000,0{r(l 10,000,000
Totali
t2.oo Retaired Earnin,as: Tk. 121,742,162
'lhis is Drade up as tollo$rs:
Particulars
7 4,201,6t)S 34,911,408
Add: Profit atier lncome'l'ax during the year 46,934,477 3L),296,277
Closing Balance: 121,142,462 ___L!2!1i9s
13.00 Long Term Loan: Tk. 679,269,160
This is made up as follo\r,s
Particulars
lslami Bank llan8ladesh Lld. 67 9 ,261) ,1 60 7 04,a\a,72s
Total:
14.00 Short Term Loan: Tk. 801,391,048
Thrs is made up as fbllows:
Particulars
14FCI Loi1n, lslami Ba11k Bangladcsh Ltd. 69,603,,155 1,312,0B0
Bai l,lurabaha l.oan, Islami Bank Bangladesh Ltd. 256,803,250 384,501,079
Bai Salau Loan,lsl:rnti Bank Bangladesh L,td. 103,099,000 39,728,6011
l\4urabaharllt, Islami Bank Lt.t. 141,700,000
id!strial Againsr Srimu us Fund, BBL 52,125,369
ndustrialAgainst Stimu us Fund, LBBL 53,981,054
QSCA Loan, Islarnr Bank Bangladesh Ltd. 14,102,904
LC Accepted Liability, lslami Bank Bangladcsh l,ld. 71,646,663
LC Ac.oplcd l.iability, NRB CoDrmercial Bark ltd. 9A,27 2,1)l)O
EDF Loan, NRB Commelci.rl Ba|k Ltd. U2,lJ,r7,000
PC Loan, NRB Commercial Bank l.ld. 2:),644,312
OD, NRBC 49,295,863
OD, TPBL 51,142,746
Total: 801,391,048 692,410,334

[r4 R03 s.6

lllbE
 Amountin Taka Amount in Taka
lnne 30,2022 lvrc30,2o2r
15.00 Accounts & Others Payable: Tk 46,916,051
This is nade Lrp as lollows:
Particulars
Payable f(,r goods 46,916,051 72,143,542
Total: 46.916.051 12,t83,5A2

16.00 Provision for lncome Tax: 'Ik 351,631

This is made up as lollo$'s
Particulars
Opening balance 5,357,901 3,t42,672
Provisior madc during th€ Ycar 3 51,631 5,357,901
5,357,901 3,142,67 2
LessrAdjustnent durirtg the Ycar
Total: 351.631 5,357,901

17.00 Provision for Expenses: Tk. 1,832,833

This is made up as follo$'s
Particulars
l.egal & ALrdit Fres 795,883 125,000
\vages & Salary 5,813,800
Telephone, 14obile & lnternel bill 1,036,950 52,400
Utiliti€s Bill 958,145
Totalr 2,833 __924e311-

i],14 R-03 $6 o
Dlrak"lzll !)
 Amountin Taka Amount in Taka
2021-2022 2020-2024

18.00 Sales Revenuet Tk 1,6A2,506,743

'I'his is made up as lollows:

Particulars
Salcs Reveuue 1,6A2,506,7 43 1,107,444 272
Totall ____J,!92895!!3 I, to7,444,272

19.00 Cost ofSales: Tk 1,463,519,469

This is madc up as iollows:
Particulars
Ra$, Marerials 1 ,097 ,9 52,97 7 826,705,U11
Wages & Salarics 1U3,287,938 77,457,242
ElecLricity Expenses 2,005,355 6,285,795
Overnlne 62,340,108 354,{:15:rl
I:h.,,r Bill 3,960 396,171
Iruel lor Cenerator 466,764 4,U27,t)8t)
Spa.e Irarts ard Mairtenance 618,615 954,724
D€precialion 46,113,605 39 ,7 52,31-.)
1,392,A49,322 950,333,195
Add: Opening Raw I\'late.iais 2A1,771,496 292,156,97 6
Lessr Closing Raw Xlaterials 210,501,349 281,171,496
Total: !a93-812.t6e __- 9!1BL9Es
20.00 Admi strative Expenses: Tk.29,87S,373
This rs orade up as fbllo$,s:
Particulars
Salary, Allowance & tsoDLrs 4,325,680 4,185,762
103,712 108,570
266,134 490,5B7
1,7 34,7 47 18,875
Stationery & 0thers 85,785 34,542
Paper& Periodicals 21,t356
'l'clcphone, Mobil€ Bill 51,406 110,665
Ele.rriciry Bill 12,065,910 68,456
Carriage Outward 14,092,441 110,250
Drmking Water Bill 30,21,r
l'hob copy & Documentation 41,456
lnternet, Fax & E Mail Bill 260,400 49,7 45
Itcpair & l\4aintenarce 137,7t]7 92,963
Water Bill 3,300 61,257
249,U61 75,850
F€es, Forms & Itencwals 95,000
'lravrling Experses 152,3 U5 415,881
Sample Expenses 1,201,100
Legal & Audit Fees 295,883 12 5,000
Depreciation 50,340 142,t)25
Total: ,qR7<17l_7417.1t54
 Amount in Taka Amount in Taka
2027-2022 2020"2021
21.00 Financial Expense: Tk. 133,260,138

This is mad€ Lrp as follows

Particulars
Ban(Charges, Commission & Olhers 411,912 75,895
132,a4A,226 9 -1,977,570
Totall __ 13L2!9,rs8 93 993

22.00 Income Tax lxpenses: Tk.8,917,286

'lhis is made up ns lollows:
Particulars
Current tax 8,917,246 5,357,901
t 3E1-99L
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