www WT€qfdwfqf{frvvs,'frEp.ff {Rers qEtst, (ca vqly EH-)ooo

ATM/I{o-ouzo2ot %3

The Managing Director

Dhaka Stock Exchange Ltd.

Stock Exchange Bulding 'n

,---' -_ J'*

9/F,Motijheel C/A r r

Dhaks-1000. :.

Dated: 09-12-2020

E-mail : mkt@dse.com.bd

Fax:9564727 .9569755a+,

:*

Sub: Information provisional and un-audited Fin4ncial Statement 1't quarter

ended 30ft September'20l9, 2nd quarter'3i't December'2}Lg &. 3'd

quarter 3l March'2020.

Dear Sir,

As per Regulation 17(1X2X3) of the Dhaka Stock Exchange (Listing)

Regulation 201,5. We enclose herewith provisions and Un-Audited Financial

Statement of Alhaj Textile Mills Ltd for the I't quarter ended 30th

September'z}Lg, ya quarter 3l't December'2}lg &,3'd quarter 31

March'2020.

Please acknowledge received.

Thanking You,

Yours faithfullyFor Alhaj Textile Mills Ltd.

Enclosure: 3(three) Copies Un-Audited Financial Statement.

ALHAJ TEXTILE MILLS LIMITED MILLS ISHURDI, PABNA.66, DILKUSHAC/A(4TH FLOOR), DHAKA-1000 -,_ CABLE-A1TEX. TEL: (07326) 63905CABLE-ALTEX, TEL: 9551743(Hunting),955273E/93$Br[0kh654s/monthrY

DSE & BsEcf.'Sait: paryiz.zz^mtn6)gmaii.com

FAX: 88-02-9563951, E-mail:info@alhajtextilemills.comWeb : www.alhaj textilemills.'com

AL}IAJ TEXTILf, MILLS LINIITf,D66,Dilkusha C/A (4th Floor), Dhaka-l000

UN.AUDITED & PROVISIONAL T'INANCIAL STATEMENTSFOR THE lST QUARTER ENDED 30 SEPTEITIBER 2OI9

copics ofthe strrements have also ber dispatohed to Sroities & Exchuge Comission and Dhaka sto0k Exchange.

STATEMENT OF FINANCIAL POSITION ( UN:AUDITED) STATEMENT OF CASH FI,OW ( UN-AUDITED}

FORTHX IST QUARTER ENDED30SEPTEMBER2OIgASAT 30SEPTEMBER2OI9

Alsct, | 3o Sep, ls lJo Judc 19

Non-Current A3sets:

Proporty, Plant ud Equipmmt

lnv€trMt h E4uity

Totrl Nor Cu.rqt Assts (A)

Currcnt Assetil

lnvfrioriEs

Un-alloatcd oouc expqwDebtm

Advm@, Depqit 0d PrcpalmotsIavesanolr in FDR

CGh md Cash Equivalats

Totsl CurFnt Ar*a! (B)

Totd Alsti (A+B)

Equity:

Sh@ Capitil

Capitgl R6weGwal Reene

Reialuatio Rerye

Tax Holid{y RsweRetaired Emhgs

Totrl Shrreholderu' Equity (C)

Non-Cu.rent Li.biliti$:

lpns Tm Lom

Defqred Tu Liability

Tot&l Nod Current Liebilitio( It)Current Lirbiliths rd Provlsions:

Advoe Agaimt SEler

Sruity 6d Othq Deposits

Otha Clll@i Liabilitid

Cumt lu Liability

Provision for TresItovirion fq Olhs Liabilities and Chs{es

Bank Ol'erdrott

Worke6' Prcfit Pffiicipatim Fud

Totrl Currctrt Lirbilitid (E)

Tatrl Li.bilitiq F { D}E)

Toa.l Crplhlud Lhbllfe! qC+F)

Rer

C6t of Sal6

Grosr Prolit

Operrtiog Erpenoe:

Admhis&.tive ExpqE6

S€lling & Diltributi@ Expehses

Totll Oper.aing Erps.sOpe.rtitrg P.olit / L6rAdd:Fiuncid Erpcnso

inrerqt o Bmk Lom (SOD)

Net Oper.ting Profit / Lori

Interest on FDR

Net Proft / Lors of the period

Workss Prcft Participatim Fund

Net Prolit / Los beforc TuProvirion for Inrome Tu :

Clltmt T.xDefered TqNet Prolit / Lori After TuEarning per Sharc (EPS)

2ot9 Amoontin

(l3tlt) (2566)

(0.62) (0.r2)

(14,601) (4,098)t-;t-;846 2.0EE

(13,755) (2,0t0)

(13,75s) (2,010)

(251) (566)

t--jililT:lI ''i,r:l ''r,ri;l

110p44 780.812

r.mlq;lt46615 146.803

r-TIl;ilI r.eu I r.eea II rs.sse I rs::z I

| ll:,,il r:,il |

521,1tt 327,2t5

674422 611,03E

_____!82{s6___E8!:!92_

cashre@rpts&@cusbrncrs l-E6'T7l.toq]CashpaidbsuppliesondEmplqees I t,r,Z:Al fS,t,SZO)l

AdvarcpEmenthxpad l_J!:rJ,NetcrshfromopentingActivities A $A62) (45,620)

CASH FIOWS FROM INVESTTNG ACTIVITIES:

Pwhse orPrcpero. Plsnr a,d Equiprcnr l-i'i!jf-ffi|lnvGtrnert in Nm Cuncnl Assets (FDR'S) | fz:,OOofl tZS,lzgtlRe@ived tiom ercoshmmr of FDR I n,sz I cs.oD Ilnt@srR@ived .f l rqol z.orzl

, Net{ssh Urcd in lfNe.ting Activities B t9 75,t0t}

clsH giori,s rfru FrNA\crNc ACTIvrrrEs

sotilnurffiiled/(repoid) F--ffir;rlDivrdmdPaidl a

I I ,rllNetcrrhus.diDFi-4oncingActivitierC ., - (l2,lE9)

Net lncrcrsc intarh and Cash Equivolents " (6,Z4Jl l?,300Cash and Cosb Eqrivalent! oi beginning ofthc.period 8,357 1,2t4

C$hudcrshEquivden&.tendoftheperiod - ,,ll4 lSSl4Netoperltin8 CashFlowpershorc -- (0r8) (rJ,

The unaudited detsils I st qlarter Fioencirl Staiements of 201 9-2020 is lvailable in ihe website of theww.alhajtextilemills,com,

r' Cxlculrtio,

STATEMENT OF CHANGES IN EQUITY ( UN.AUDITED)

2019

PrrticulrrsShrE

Crplbl

Ts HoIdry

ITL I

Crplrxl GcrcBl

R€milc

R€vrk.tiu

R6one

Rchined

Ermiryr

Tot l

EqqitJ

Opedng Bolsne !i on l.t July 2ol9:

Retrined E{mingsShrre C.piarl

Iu Holidry R.serye

Crpitd Relefre

Gscrel Resen€

R*dtrrtion Reserve

Net Profit afur Tax

Currdt ycsr's sdjustm{t for:D@r@iation of Resffi on Revalutiotr of fix€d aseb

t22,9-8s

10,747

2t

1,395

I 1.886

(37 .E82 (37,882

222,985

t0.747

2t

1.395

I 1.886

222985 10,7

-41

2l r1e5 I t,886 (37,EE2

(13,818

2@,152

(l3,8rE

IO SEPTEMBER 2019 222.985 l0-M (5I.r t95-334STATEMENT OF COMPR"EHENSIVE INCOME ( UN.AI]DITED )

(5,593) (4739)

(14,601) ({,01u

STATEMEM OF CHANCES IN EQUITY ( UN-AUDITED)

Particulrrs'Shrc

Crpilrl

Tr Ho[dny Crpilrl Gcmrd Rchlned

f,!min$

Tohl

Eqqita

,peoing Balf,nc€ as on lst July Z0lE:

Usincd Emirgsihd€ Capital

iax Holiday Roene)apital R*eneienqal Reenetel'aluati@ Resede

Sub Totsl,lot Profit afis Tax

lurrcnt yeir's rdjustment for:bDreiation ofRecne on Rewlution ofFixed Arsrs

202,7t4

t0.747

2t

1,395

23.048 23.04n

2{J2,7 t4

t0,747

2t

1,395

t3-065

202,1-14 1o.741 2t lJ95 13,065 23,r)48

(2,s66

,05

250B90

12,566

2018 zo2,7t4 t0,741 l39S t2110 20.111 244.424

CFO Man

\\)v,^/V.

Chairman

UN-AUDITED & PROVISIONALFINANCIA,: STATEMENT

'*

For the 1st quarter ended 30 September-Z}L9

ofALHAJ TEXTILE MILLS LIMITED

ALHAJ TEXTILE MILLS LIMITEDStatement of financial position (Un-Audited)

As at 30 September 2019

PARTICULARS

ASSETS:

Non-current assets:

Property,Plant and Equipment

Invesfinent in equity

Total non current assets (A)

Current assets:

Inventories

Un-allocated revenue expenses

Debtors

Advance, deposit and prepayments

Investment in FDR

Cash and cash equivalents

Total current assets (B) .

Total assets (A+B)

Eouitv & liabilities

Shareholdersr equity:

Share capital

Capital Reserve

General Reserve

Revaluation Reserve

Tax holiday reserve

Retained eamings

Total shareholders' equity (C)

Non-current liabilities:

Long term loan

Deferred ta,x liability

Total non current liabilities (D)

Current liabilities and provisions:

Advance against sales

Security and other deposits

Other current liabilities

Current tax liability

Provision for taxes

Provision for other liabilities and charges

Bank overdraft

Workers' profi t participation fund

Total current liabilities (E)

Total liabilities F=(D+E)

Total capital & liabilities G=(C+F)

Net assets value per share (NAVPS)

Numbei of shares

Sch-A/l 97 ,710,730

23 1,000,841

'"98.711.571

24: *

280,034.306rl

253,695

2,47*$25

93,058,143

393,000,000

2,114.122t

770,944,591

969,656,162

222,985,490

21,350

1,395,090

1r,624,235

t0,747,334

(5 1,43e,p40)

195,333,649

29 139,123,633

7,492,204

t 46,615,837

Notes30 Sep 2019

Amount in Taka

30 June 2019

Amount in Taka

d

527,706,676

t01,375,735

1,000,841

102,376,576

* 286,484,100

2,448,72t

91,331,335

392,192,111

8,356,701

780,812,968

_ggug2fg_

222,985,490

21,350

1,395,080

I 1,885,929

10,7 47,334

(37,882,819)

209,152364

. 139,t23,633

7,680,294

146,903,927

330,787

19,822

455,463,26t

1,683,911

35,336,475

t4,988,728

t8,772,080

638,189

527,233,253

674,037,190

___!qu2&1_

,.<

26

27

28

30

3l32

33

34

35

340,787

19,822

. 456,147,480

1,683,911

35,587,2t3

14,517,t94

18,772,080

638,189

674,322,513

869,656,162

8.76

22,298,549

9.38

22,298,549

EChairman@)

ALHAJ TEXTILE MILLS LIMITED

For the lst Quarter ended 30 September 2019

Notes 30 Sep 20L9 30 Sep 2018

Amount in Taka Amount in TakaPARTICULARS

Revenue (Turnover)

Cost of Sales

Gross ProfitOperating Expenses: , "

Administrative Expendes "l -- i'*

Selling & Distribution Expen$dTotal Operating Expenses j''

Operating Profit / (Loss)

Add: Financial Expenses

Interest on Bank Loan (SOD)

Net Operating tu ofit / (Loss)

Interest on STD A/CInterest on FDR

Net profit/( Loss) of the periodLess:Workers Profit Participation Fund @ 5%

Net profit/ ( Loss) before Tax

Provision for Income Tax :

Current Tax

Deferred Tax

Net Profit/ (Loss) After Tax

Earnings per Share(EPS)

Number of Shares

@)

36

5/

q8

39

6,941,,705

(1.5,950,496)

(9,008,781)

* (5,203,253)

(389,970\

(5,593,2231

49,970,626

(49,'1,43,263\

727,363

(4,677,391)

(6L,710\

(4,739,10L)

(14,602,004)

(14,602,09

845,937

(4,0L7,738)

(86,996\

ry2,087,729

845,937 2,,087,729

(13,756,067) (2,011.,005)

(13,756,067)

(250,738)' 188,090

(2,011,005)

(566,1,40)

10,900

(13,8L8,7L51

(0.62)

22,298,549

(2,566,2451

(0.12)

22,299,549

fiDDirector Chairman

Particulars

Share

Capital

ITKI

Tax Holiday

Reserve

tTk-l

Capital

Reserve

ITKI

General

Reserve

ITKI

Revaluation

Reserve

tTk-l

Retained

Earnings

tTI{-I

Total

Equity

ITKI

Opening Balarce as on lst July 2019:

Retained Earnings

Share Capital

Tax Holiday Reserve

Capital Reserve

General Reserve

Revaluation Reserve

Sub-Total

Net Profit after Tax during the period

Current year's adjustment for:

Depreciation of Reswe on Revaluation of fixed assets

222,98s,490

10,747,334

21,350

1,395,080

I 1.885.929

(37,882,8_19 (37,882,8 l9)222,985,490

10,747,334

21,3s0

1,395,080

I 1.885.929

222,995,490

-d

10,747,334

fr

213s0 1J95,080

*

I 1,885,929

Q61.694

(37,882,819)

( 13,818,71s)

261.694

2t9,152,364

( 13,818,71 5)

30 Scntember 2019 222.9E5.490 10,747,334 21,350 1.395.080 11.624.235 (51,439.840) 195.333.649

ALHAJ TEXTILE MILLS LIMTTEDStatement of Chanqes in Equitv (Un-Audited)

For the lst Ouarter ended 30 September 2019

. )..

ALHAJ TEXTILE MILLS LIMITEDStatement of Chanqes in Eouitv (Un-Audited)

For the lst Ouarter ended 30 Sentember 201 8

f c.r.o\l,h-

I)irector

Psrticulars

Share

Capital

ITK.I

Tax Holiday

Reserve

tTk-t

Capital

Reserve

tTkt

General

Reserve

tTk.l

Revaluation

Reserve

ITIGI

Retained

Earnings

ITKI

Total

Equity

ITKI

Opening Balance as on lst July 2018:

Retained Earnings

Share Capital

Tax Holiday Reserve

Capital Reserve

General Reserve

Revaluation Reserve

Sub-Tr

Net Profit after Tax during the period

Current yearrs adjustment for:

Depreciation ofReserve on Revaluation offixed assets

202,714,090

10,747,334

21,3s0

1,395,080

13.064.789

23,048,t77 23,048,177

202,714,090

10,747,334

21,350

1,395,080

13.064.789

202,714,090 10,747,134 21,350 1,395,090 13,064,7_89

(294.715

23,048,177

(2,s66,245)

294.7ts

250,990,820

(2,566,24s

30 Seotember 2018 202,714,090 10.747334 2r350 1.395.080 12.770.074 20.776.647 248.424.575

a

ALHAJ TEXTILE MILLS LIMITEDStatement of Cash Flow (Un-Audited)

For the=lst quarter ended 30 September 2019

PARTICULARS

FLOWS FROM OPERATING ACTIVITIES:

Cash receipts from customers

Cash paid to suppliers and employees'n -

Advance income tax

FLOWS FROM INVESTING ACTIVITIES:

Purchase of Property,Plant and Equipment

Investrnent in non-current assets (FDRs)

Received from encashment ofFDR

Interest received

Net Cash uscd in Investine Activities B

CASH TLOWS FROM FINANCING ACTIVITIES:

SOD Loan received(repaid)

Dividend Paid

Net Cash used in Financins Activities C

Net increase in cash and cash equivalents

and Cash Equivalents at beeinnins of the

Cash and Cash Equivalents at end ofthe period

Net operating cash flow pcr share

Number of shares used

(c.r.o)

' * (84,592) (209,273\

" I rcier,en:d f- (4srropd;l

30 Sep 2019

Amount in Taka

30 Sep 2018

Amount in Taka

845,937 2,087,729

f ,r,o4rl f ^Jr,lgrl

7,050"097

(13,227,132)

(19,000)

(73,000,000)

72,192,1t1

8.3s6.701

2,114,122

49,109,514

(94,520,289)

(219,393)

(25,378,416)

98,619,557

(12,152,479\

17,299,905

1,214,257

18,514,162

I,WDirector

\"&22,298,549 22,298,549

Exolanatory Notes:

I These financial statements have been prepared underthe historical cost convention and going concem basis.2 No interim dividend has been declared during the interim period ended on 30 September 2019.

3 Last year's lst quarter's figures were rearranged where considered necessary to conform with current lst quarter's presentation.

4 Figures appearing in the financial statements have been rounded offto the nearest Taka.

Note: The details with selected notes ofthe published lst quarter's financial statements can be available in the web-site ofthe Companywww.alhajtextilemills.com

SELECTIVE NQTES TO THE FINANCIAL sTATEMeNTs ron Tnr tsl Ouenrnn pNnno oN go.oq.tg

Note

I General information

Alhaj Textile Mills Ltd. owns and operates a cotton yam manufacturing plant and manufacture, distribute and sale its product (yam), in local and foreignmarkets.The mill/Factory has been laid-off since 25th June,20l9 due to severe fall in volume of sales as a result at lack of demaned in the market and shortageofstorage facilities for holding stock offinished goods in the godown and also severe blockage ofworking capital.

It is a 'company' incorporated on March 3'd. l96l'qinder lheCornnanies eir, fqf: (subsequently amended in 1994) as a private limited company and

subsequentlyitwasconvertedasapubliclimitedcomplybysharebrlOctoberTn.tg6i. ItssharerarelistedintheDhakaStockExchangeLimited.

;nIts registered office and principal place of business is situated at 66, Dilkusha Commercial Area, Dhaka-1000. The factory is located at Ishurdi, pabna,

Bangladesh.

Goins Concernl )..

The Financial Statements ofthe Company have been prepared on the basis of going concem concept.

These Interim Financial Statements were approved for issue on December 09, 2020.

) lBasis of orenarationI-lThese

condensed Interim Financial Statements for the lst quarter ended 30 September 2019 have been prepared in accordance with IAS 34, .lnterim Financia

ll.p"Iiq' The condensed interim statement of financial position should be read in conjunction with the unaudited financial position as of the year ended 3(

lJune 2019, which have been prepared in accordance with IFRS.II is mentionable that the audit offinancial statements for the year ended 30 June 2019 has nor

lyet been completed and necessary application time for extension to submit the audited annual financial statements has been given to Bangladesh Securities anc

Exchange Commission. The statements of profit or loss and other comprehensive income,the statement of changes in equity and the statement of cash flowshave been reported for the cunent interim period with comparative statements for the comparable interim period.

(lFRSl-l: Flrst tlme adoplion of international financial reoortins standards:

lo!i,-\o\o qd<scff{ I {ffi{tqFF<tffigg IFRS-I qTq*qsiilEtfi.S r

we have complied IFRS-I in preparation of lst quarter financial statements for the year

2019-2020.(lFRSI-7: Financlal lnstrument. Disclosurs:

\olb-toto q{<scrtr{ I qffioqff$fr-{{ftcE IFRS-7 w{rrqirfielntcs r

we have complied IFRS-7 in preparation of lst quarter financial statements for the year

2019-2020.(lFRSl-8r Ooeratinr Seqments, :

\o!b-\o\o qrl<scm{: cffi{qffi{rfficv IFRS-8 w{ryi14qf qt{rrq I

we have complied IFRS-8 in preparation of lst quarter financial statements for the year

2019-2020.

lFRS.9: Financial instruments.

to)b-toto qd1s{r{{ I rffiq qFFrffie |FRS-9 w{ry{qlCtfi(q I

we have complied IFRS-9 in preparation of lst quarter financial statements for the year20t9-2020.(lFRSl-12: Disclosure of lnterests in other Enteties.qltrs $$ 'ftirk rNr qf{lchr colT Subsidiary rop'tft "nt r Rflr |FRS-12 qFfi(car ffiGr ffiq-,{rq I

The company have no any subsidiary company to obtain financial benefits.As a resultIFRS-I2 is not applicable for us.

lfRS-13: Fair value Measurement.

$1raqr+t frttc srl 6s 6sF,tf+d efifE qqr c{q q<! l.Er q{s m q1r {tr+ qt6q sr<f {,rn To.rdoEfoft I qfql {fifir qlFfo ffi (totb.{o\o) ficEK 6{6 ai e8 66 E rqpr{ <rirt qrarq oFt 6qo,yThe management believe that the value of financial assets and liabilities have been

apprises is nearable standard which presented to the financial statements for the year 20 I 9.

2020.Copy aftached.

qf{tFm C{fqfiilro TtlT['{tq frBm CF$^qu.| <r ql r qg'q{ qfqqcrr* crd nfu cqr<t 6{tFr qEr {r qI I

fr{ts lFRs-15 srFrtEerlrsF@ qrqFrqr{ |

Purchase and sale is not occure by contructual system in our company.As a result there is

no inoome from contract with customer.So IFRS-I5 is not applicable for us.

:r ffi+ qtfif+ fr'+*ft Rqt< c{E{rlrE 6s rrrnr tAs q<i I F Rs q-{c"i-{ ir{t qtnjrq qer fum.r-

Those IAS and IFRS are followed in preparation of lst quarter financial statements are as

follows.

IAS-I :- Presentation offinancial statements.

[AS-2 :- lnventories.

IAS-7 :- Statement of Cash flows.

IAS -8:- Accounting policies, Changes in Accounting estimates & errors.

LAS-10 :-Events after the balance sheet date.

IAS-12 :-lncome Taxes.

145-16 :-Property plant and Equipment.

IAS-18 :-Revenues.

IAS-19:- Employees benefits. .,o'

IAS-21 :-The effects of changes in foreign Exchange ratg. - ,. - .t'*

IAS-24:-Related party disclosures,

IAS-33 ;- Eaming pei share. f rIAS-34 :-lnterim financial reporting. : .. ., /IAS-36 :-lmpairment of assets.

IAS-37 :-Provisions, contingent liabilities and contingent assets. '

IAS-38:- Intangible Assets.

39 :-Financial instrument: Recognition and measurement.

IFRS-7:- Financial Instrument: disclosure.

IFRS-9 :-Financial Instruments.

accounting policies adopted are consistent with those ofthe previous financial year except as described below.

axes on income in the interim periods are accrued using the tax rats that would be applicable to expected total annual earnings.

Amounts in Financial Statements (except Fixed Assets) have been measured on "Historical Cost" basis, which are the most commonly adopted basis

provided in " The Framework for the preparation and presentation of financial statements" issued by the Intemational Accounting Standards Committee (

l)

Preparation of financial statements in conformity with the Bangladesh Accounting Standards (lAS) requires management to make estimates

for disclosure of provisions etc. at the date of the financial statements and revenues and expense during the period under report.Actual results

material item has been presented separately in company's financial statements. Immaterial amounts have been aggregated with the amounts of sim

30 June,20I9

assets have been shown at cost including revaluation less accumulated depreciation in accordance

1,{5-16. Land & Land Development, Building & Other Construction, Plant & Machinery of earlier

it No. I were revalued in the year 1988.

l0lJ75,

land owned by Company is 57 .42 aores. Title deed of land for 50.4 I acres has been lying with the

Bank Ltd., Ishurdi Br., and Title deed for 7.01 acres purchased at Valuka under Jamirdia Mauja ofDistrict are with the company.

the period, fixed assets have been increased by Tk. 19,0001 for Purchase oflron safe.

I Investment in Eouitv:

Investment in equity remaine same as before.

1,000,941 1,000,841

9 Current Assets

Inventories [IAS-2]

Un-allocated revenue expenses

Debtors

Advances, deposits and prepayments

Investrnent in FDR

Cash and cash equivalents (excluding bank overdrafts)

The growth of cunent assets compared to previous year has been decreased by 1.26% due

to mix of increase and decrease effect off ir, .

- - .-. Decrease "'. ' Increase

Inventories r--"r:Wa*

Un-allocatedrevenueexpenses f r 100.00%

Debtors j.,. , ty' 1.05o/o

Advance,depositand prepayment , 1.90o/o

Investment in FDR O.ZI%

, Cash and cash equivalent 74J0% . r.

280,034,306

2s3,695.00

2,474,325

93,068,143

393,000,000

2.t14.122

770,944.591

286.484.100

2,448,721

9t,33L,335

392,192,11

8.356.70 I

780.812.968

10 Currcnt Liabilities and Provisions

Advance against sales

Security and other deposits

)ther current liabilities

3unent tax liability

Provision for Taxes

Provisions for other liabilities and charges

Sank overdraft

Worker's profit participation fund

340,787

19,822

456.147.480

1,683,911

3s,587.2t3

t4,511,194

I 8,772,080

638.1 89

527.706.676

330,787

19,822

455.463.26t

1,683,91l

35,336,475

14,988,728

18,772,080

63 8.1 89

527.233.253

Cunent Liabilities and Provisions compared to previous year has been increased by

0.09%.Details of the same are as follows:-

Decrease

Advance against sales

Other current liabilities

Provision for Taxes

Provision for other liabilities and charges 3.15%

lncrease

0.03o/o

0.15o/o

0.71%

ll Non-current Llabilities

Long term loan

Defened Tax liabilities

139,123,633

7.492"204

146.615.E37

t39.123.633

7.680.294

146.803.927

As earlier mentioned in note 1.01 of audit report in the year 2018-2019 the company was denationalized and returned back to its previous ownerbut at the time of transfer a liability of Tk.22,920,805 was shown in the joint audit report. The transferee (owner) observed that their remaininconsistency of the accounts which was raised to BTMC for rectification. After several discussion with Bangladesh Textile Mills Corporation,Bangladesh Textile Mills Association, Govemment and Bank the matter was resolved and a tripartite agreement was signed among the company,bank and BTMC' According to that tripartite agreement the liability was fully paid on 30 September 2007. Meanwhile during the period from theyew 1982 to 2000 the Bank gave pressure to repay the loan. Due to continuous pressure from the bank on 12 January I 989 both the company andbank reached at a conclusion that a special fund will be created transferring money from cash credit loan and bank will pay interest to the fundaccount at the rate applicable for cash credit loan. Based on the condition of the understanding a fund of Tk.20,900,000 was created throughtransferring amount from the cash credit aicount during the period from 22 Jmuwy 1989 to 16 July 1992. Subsequently as per instruction ofthebank the amount of the fund converted to Fixed Deposit and kept it to the bank with lien mark. After repayment of full amount of liability of BTMCthe FDR money including interest upto 3l May 2008 arrived amounting to Tk.249,5 42,178. The bank agreed to pay only Tk.50,764,'7g1.Due to notagreed to pay calculated amount of Tk.249,542,178, stopping the transaction from cash credit account and lock up the pledged godown theCompany filed Writ Petition No.5l29 of 2009, claiming interest on Special Fund created by the Mill against the bank before the Honorable HighCourt. The Honorable High Court passed judgment on 15.02.2011 dirqcting the Agrani Bank Ltd. to pay company's deposit in Special Fundtogether with interest at "prachalita hare" on such-deposiJ. I-n thjs context Agrani Bank Ltd. has filed an appeal against the order to the HonorableSupreme Court, Appellate Division. After completidn.ofvarigus lEgal procedure TJre Honor$le Appellate Division passed judgment on 20.01.2014that 'In the instant case the interest to be calculated on long 6nii FDR. The Leave-petitioner was also directed to pay interest on the FDR as per therate of interest applicable to long term FDR within l(one) month of the availability of the certified copy of the order. Thereafter, passing thestipulated period, the company filed an application for issuance of Supplementary Rule. After hearing the same the Honorable High Court Divisionfixedthedateforhearing referringWritPetitionNo.5l2gof200g,andContemptPetitionNol5lof20l3arevisedclaimonthebasisofjudgmentof Tk.52'56 crore including interest for the period from22 January 1989 to 27 February,2}l4 was raised but the bank has paid Tk.gl,l25,00lonly

'again a demand of Tk.544,513,560.32 (Tk.481,311,503.17 + Tk.63,202,057.15) foi payment of special fund amount remained deposited withAgrani Bank Limited, Ishwardi Branch, Pabn4 and interest thereon at the rate of interest of Long Term FDR from the date of deposit to 3l-0g-2015, inclusive of interest of Tk.63,202,0 7.15 for the period from 01.03.2014 to 31.08.2015. This arnount after deducting Tk.g1,125,002.00,already received by the company, stands at Tk.463,388,558.32. The supreme court of Bangladesh, Appellate Division has disposed of civil petitionfor leave to Appeal No. 405 of 2019 submitted by Agrani Bank Ltd. on appeal from the impugned order dated l4.Ol .2019 passed by the High CourtDivision in contempt petition no. 15I of 2013 that refering with petition no.5129 of 2009 and contempt petition no. l5I of 2013 Agrani Bank Ltd.paid to Alhaj Textile Mills Ltd. Tk. 8,11,25,002 on 25.02.2014 which has been mentioned earlier. On 5th March 2019 the bank was directed toensure immediate payment of Tk. 25,00,00,000 and accordingly payment was made . Again on 7th May 2019 the bank rwas directed to payamounting to Tk. 108,391,457 and accordingly payment was made. So, total Tk. 439,516,459 was received by the company and the instant civilpetition for leave to appeal is disposed of. In this connection Agrani bank Ltd, Ishwardi Branch, Pabna filed the Case no. 89/13 dated2}-ll-2013against the company (Alh4l Textile Mills Ltd.) together with its Chairman and Directors as defaulter for payment of dues on long term loan against

lst. BMRE & 2nd. BMRE for Tk.289,847,500.64 and Short term Loans claiming for Tk.77,674,358.80 being total as Tk.367,521,859.44 as on20.11.2013 plus interest upto the date of payment to be received instead of book balance of Tk.139,123,633 and Tk.18,772,080 respectively.Through writ petition no:6799 of 2014 of the l8'th day of July 2016 the Honorable High Court Division has granted stay of Artha Rin Case no; g9

of 2013. It is worthwhile to disclose that in the prayer for staying the Artha Rin case it was mentioned that it is established upto the Apex Court ofthe country that the respond Bank did not pay the dues ofthe petitioner and the matter is now for the disposal before the contempt court and keepingpetitioners money in their hand filing Artha Rin case for realization of their loan is against the spirit of the Artha Rin Adalat Ain 2003. As certifiedby the legal advisor of the company that since the further proceedings of the Artha Rin case has been stayed by the Hon'ble court as such anytransaction in connection with the loan amount including charging interest upon the loan without prior permission of the Hon'ble court is amount toviolation ofthe court order and as such illegal. Under the above circumstance firstly since the interest cannot be charged on loan due to having stayorder as certified by the legal advisor, secondly due to having various method to determine the amount for settling the old outstanding loan so at thisstage it is not possible to ascertain the amount reliably which is essential for accounting the expenses and liability as per International AccountingStandar4 thirdly since the disposal of contempt petition No. l5l of 2013 is connected with the repayment of loan and finally the bank hassubmitted review petition for review the judgment of the Honorable Supreme Court therefor the whole amount as received by the order of theHonorable Supreme Court of Bangladesh Appellate Division Tk. 439,5 16,459 has been considered as liability.

12 Shareholders' Eouitv

Ordinary share capital

Capital reserve

General reserve

Revaluation reserve

Tax holiday reserve

Retained eamings

The growth rate ofshareholders equity considered as follows:

A)Revalpation reserve:

Opening balance

Less.Dep.during the period

B) Retained earninqs:

Opening balance

Add.Profit (July,l9toSep,l9) -,

Depreciation of revaluation of fi xed :iisei

A)

B)

.' 1r

I 1,885,929

(261,694)

11,624,235

(37,882,819)

(13,8 18,7 1s)

261,694

(51.439.840)il

222,985,490

21,350

1,395,080

11,624,235

r0,747,334

(s 1.439.840

222,985,490

21,350

1,395,080

I 1,885,929

10,747,334

(37.882-8 I 9)

195.333.649 209.152364

Retaincd earnings

Net|ossrecordedatTk.(l3'8l8,7l5)duringlstquarterendingSep30,20l9'asagainst

[rave been deoreased by 438.48o/o ,.

Particulars

As on

30 Sep 2019. Ason30 Sep 2018

l3 I'urnover

Jompared to tumover of the same period of last year (Tk.48,870,626), with year-to-date

l0 Sep 20l9,tumover has decreased by 85.80%.

6,941,705 48,870,626

l4 Cost o[ Sales

Compared to cost of Sales of the same period of last yew (Tk.48,143,263), with year-to-

date 30 Sep, 2019 oost of Sales has decreased by 66.87%.

l 5,950.486 48,143,263

l5 Non-ooeratins Income

Compared to non-operating inoome of the same period of last year (Tk. 2,087,729), withyear-to-date 30 Sep 2019 non-operating Income has decreased by 59.48%o.

845,937 2,087,729

t6 peprecietion op revalued fixed asset.

Depreciation on revalued fixed asset of the same period of last yew (Tk.294,715), withyear to date 30 Sep 2Ol9,depreciation has decreased by I 1.20%

261,694 294,715

17 Provision on income Tex

Income Tax expense is recognized based upon l'Yo on operating income hnd 25o/o oninterest of FDR and other income upto 30 Sep 2019. This provision may be re-calculated latter in the light ofactual to be required.

250,738 566,t40

l8 Seasonrl or cvclical variations in total sales

rhe oompany operates the industries where significant seasonal or cyclical varialions in:otal sales are not experienced during the reporting period.

19 SesmeJrt reoortinsThe company has no repo(able segments as per requirement oflAS-I4.

20 Events after the Balance Sheet DateThere is no significant event at the end ofthe interim period that has to be reflected in the financial statements for the interim period.

2l Related narty transactionA)

B) Disclosure of Managerial Remuneration

(A+B)

22 ContingentLiabilities:

Contingent Liability and Contingent Assets

Contingent liability are existing in relation to interest on unsettled Long Term Loan, Bank Overdraft and Special FundDeposit with Agrani Bank Ltd., Ishurdi Branch, Pabna, as stated bellow.

Position ofthese liabilities/assets as per claims raised both by Agrani Bank Ltd. and by the company.Particulars contingent Liabilities plus interest

(Claimed by the Bank) (Tk)

I

)

Claim lodged by Agrani Bank Ltd. for Long term loan

Less Long term loan liability acknowledged by companySub-total

Claim lodged by Agrani Bank Ltd. for Short term loan

289,847,501

139.123

77,674,359

Less Short term loan liability acknowledged by company (18,772,0S0)Sub-total SS,?02,272._Totol Contingent Liabilify 209,626,147

The claimed amount as mentioned above had been fixed as on 20 November 2013. However the claimed amount lodgedby the bank as on balance sheet date may be enhanced by interest.

It is mentionable that there was another claim of the Company with Janata Insurance Company Ltd.for Tk.2,000,329since 1998 which has been settled on receipt ofpayment as on54-2017 and duly acconted for.

10

he transactions with the relationship is illustrated below in accordance ofParticulars 30 Sep 2019 30 Sen 2018

Name of the nartv

Relationship with the

0ompanY Nature oftransaction Transacted amounl Transacted amountMd.Talha Managing Director Remuneration 300 000 300.000

Md.Abdullah Bokhari lhairman Honorarium 1 35,000 ,135.000

Sub-Total 435.000 435.000

ii:

The total to the file in the is as follows:SL No Name I)esisn&tion n * 30 Sen 2Ol9 30 Seo 2018

Md.Showkat Ali Chief F'inancial Officer 351 .940 3 13.9952 Md.AKM Azharul Islam .Corhpany Secretary ;r' 223.372 t99.4593 Md.Abdur Rashid DGM (Commerce) 202.909 190.4634 Md.Akhtaruzzaman DGM (Mechanical & Producfion) 345.525 330.6255 Md.Sharif Abu Bakar Head of Intemal Audit 87.952 87.120

Sub-Total 1.211.798 t-t2t-662

amount of remuneration paid to all Directors and Officers during the accountins vear isSL No Particulars Nature of oavment 30 Seo 2019 30 Sen 2018

Directors Board Meeting Fees 140.000 220.0002 Directors Remuneration 435-000 435.0003 Officers and Executives Salarv and other allowances 1.211.798 1.121.662

Tofal 1.786.798 1.776.662

,

23.00 Investment:

Investment in shares of AJMLInvestment in share of CDBL -equity

24.00 Inventories:

Raw Cotton

Work in Process

Finished Goods

Stores and Spares

Store in Transit

Stock at Spinning (packing materiadl|

Stock of Waste Cotton

24.01 Raw Cotton :

Opening Stock of Raw Cotton

Add. Purchase during the period

Raw Cotton available for use

Less. Closing Stock

Consumption during the period

24,02 Work in-Process:

Total

30 Sep 2019 | 30 June 20I9nt in Tk I Amount in Tk

24.01

24.02

24.03,q,

rTotal

I 1,513,636

9,200

_ 3,529,09t

" 59136s

1 1,513,636

9,200

3,612,591

595,365

252,906,990 259,010,586

t0,546,073 10,808,771

933,951 933,95 t

," 280,034r!06 286,484,100

I -10ssp20ir-tI Quantiwiil-Afountffk) I

' '' 62,050 I1,5t3,636

62,050 1 1J 13,636

_(62,0s0) (1t,s13,636)

24.03 Closins stockof Finished Goods:

ll

SI

No.PARTICULARS

30 Sen 2019 30 June 2019Amoutrt in Taka Amount in Taka

4ry.in ks

Value (Tk) Qty.in ks

Value (Tk)

I 45/l Polyester Cone 920 9.200 924 9.200I Olrl 920 9.200 920 9.200

st

No.PARTICULARS

l0 Sep 2019 30 June 2019Amount in Taka Amount in Taka

Otv in Total Qtv in Total(Ks.) Value (Tk) (Ke.) Value (Tk)

I

2

3

4

6

7

8

9

10

lll2

80/l Auto Cotton Yam in Cone Com Br74ll Auto Cotton Yam in Cone Com Br

68/1 Auto Cotton Yam in Cone Com Br60/l Auto Cotton Yam in Cone Com Br58/1 Auto Cotton Yarn in Cone Com Br5411 Auto Cotton Yam in Cone (Special)

54ll Auto Cotton Yam in Cone (Solar Br)50/1 Auto Cotton Yarn in Cone (Solar Br)50/l Auto Cotton Yam in Cone (Special)

4511 Super Cotton Yam Com

20/1, Rotor Yarn in Cone

10/1,Rotor YaminCone

20,790

11,567

30,890

144,381'

1,619

1,542

404,294

239,909

2,684

454.

12,837

,6 100

8,986,843

4,182,534

10,862,648

46,065,n4

539,33 I

377,070

113,903.702

63,324,951

704,s64

106,351

1,588,983

) )6A RAA

20,790

I 1,930

33,158

146,422

2,54s

1,542

411,77E

247,s29

. 2,684

4s4

I 3,608

)6 105

8,986,843

4,313,866

11,660,143

46,716,338

847,570

377,012

fi6,012,296

65,336,270

704,564

106,351

1,684,435

2264 858I Otal 897.216 252.906.990 918,749 259.010.s86

25.00 Debtors :

Trade debtors :

Amount receivable against export sale

Sundry Debtors: -

Accrued income (Interest in FDR lien with PGCL)

Total

25.01 Trade Debtors:

PARTICULARS

Mrs Tarunno Check Fabrics

Mrs. Suhi Industrial Park Ltd*lTotal:

fr

Notes

25.01

26.0t

. ,..26.02

26.03

26.04

26,708

3,295

18, I 95

32,536,563' 176,723

45,750

32,807,234

t21,533

50,761,093

34,290

4,000

4,776,593

I, I 50,000

29,900

4,087

4,605

32,451,9T1

140,628

45,750

32,676,941

179,925

50e761,093

34,290

4,000

4,776,593

I, I 50,000

26.00 Advance. deposits and preoavment : i.,. ,

Advances:

Advance against Salary

Advance against TA/DAAdvance against purchase

Advance against company income taxOther advances & prepayment

Advance against supply

Deoosits:

Custom deposit

Deposit at Agrani bank against BTMC liabilities(principal)Bank guarante€ of Agrani Bank ltdAgainst oxygen cylinder

Security deposits against gas connection.

Security deposits against sales center rent

Prepayment:

Insurance premium

Bonus for the yew-2019-2020

Licence renewal fee

26.01 Advance asainst Salary:

26.02

---56.84m.s --56mil0i-

3,413,400 1,749,493--_9.m6g,Tf --ffi3-f,I3s-

1,779,939

t,62t,7 tt11,750

3,413.400

671,893

I,064,850

1,750

26,03

Fs.prrlll|soJ,-.rou I

I Amount in Taka | | Amount in Taka I

998,379 998,379

1,475,946 1,450,342

2,474,325 2,449,721

l- Jo s.p rotr_l l- Jo rrry rou II Rmount in Tam | | emount in Taka

I

744,303

254,076

998,379

744,303

254,076

999,379

30 Sep 2019

Amount in Taka

30 June 2019

Amount in Takasl No. Particulars DesisnationMd. Akhtarrrzzaman D.G.M(P&M) 22.208 23,900

2 Md. Goleer Hossain Peon 4,500 6,000I otal 26,708 29,90tJ

Advance aqainst TA/DA:

30 Sep 2019

Amount in Taka

30 June 2019

Amount in TakaSl No. Particulars Desisnation

Md. Akhtaruzzaman DC-l\,t G & I\l) 3.0002 Md. Shamsul Haque Officer (Desoatch) 3.7923 Md.Abu Kawser SAGS reoreseltati.,e 295 295

lotal J,295 4,087

Advance against Purchase:

30 Sep 2019

Amount in TakaSl No. Particulars tionI Md. Akhtaruzzaman D.c.M(P&M 16.1702 Md.AbulHossain G 2,025

lolat 18,195

l2

26.04 Other advance & Preoaymentl

28.00 Cash & cash equivatents :

Cash in Hand

Janata Bank, Local office, Dhaka. STD A/C0887

Janata Bank, Ishurdi, Pabn4 CD A/C No-373

Janata Bank A./C CD 33066246

Sonali Bank, Dhaka CD A/C No-242(33000969)

Agrani Bank, Ishurdi, Pabna. CD A/C No-1085

Agrani Bank CD A/C No-1773

Agrani Bank CD A/C No-1532

Agrani Bank STD A/C No-152

Prime BanhIBB Dilkusha CD A/C 60031045

Prime Banhlshurdi,Pabna CD A/C 60008502

Eastem Bank Ltd.STD NC2O3l425B

Dutch-Bangla Bank Ltd. STD A/C-5 122

City Bank Ltd. CD NC-7001

Prime Bank,IBB Dilkusha STD A/C 90036875

Standard Chartered Bank,CD A/C-O I - I I 495 95 -0 IUnion Bank Ltd.,sTD dc-003 -12l-000298

Prime Bank,IBB Dilkusha STD A/C -31083150112t6

l3

30 Sep 2019

Amount in TakaSl No. Particulars Designation

I

2

4

5

6

7

8

9

l0

lWs.Alhaj Jute Mills Ltd.

Bangladesh General Insurance Co. (BGIC)

Md. Aktaruzzaman

Md. Colam Murshed

Md. Shamsul Haque

Md.Abu Kawser

I!{/s.Arbour Enterprise

Md.Abdullah Al Mamun (Belkuchi)

Md.Mizanur Rahman (Shahj adpur)

Techno Aliens

D.G.M(P&M)

A.O.O

Officer (Despatch)

Sales representative

1,408

90,000

12,584

14,235

500

4,664

26,299

I 8,533

8.500Total -,- - - i.- 176,723

30 Sep 2019

Amount in Taka

30 June 2019

Amount in TakaPrime Bank Ltd. (FDR)

Al-Arafah Islami Bank Ltd.

BRAC Bank Ltd.(FDR)

ION Bank Ltd.(FDR)

Jamuna Bank Ltd.(FDR)

NRB BankLtd.(FDR)

50,000,000

43,000,000

l 12,000,000

50,000,000

50,000,000

33,000,000

55,000,000 -

50,000,000

43,000,000

I 12,000,000

50,000,000

s0,000,000

33,000,000

55,000,000

67,382,744

26,275,8&4

I t2,591,868

50,000,000

50,000,000

30,000"000

941,6t5

l-ro s.p rolr _l

l- Jo Jr* rolrl| ,tmount in taka I I amount in tam I

. 20,033

94,474

l,5ll782

3,519

503

5,685

7,605

12,24t

426

3,134

4,404

660

956,145

100,000

6,531

896,469

2,114,122

13,002

1,272,400

l,5l I

782

3,519

503

5,685

7,605

12,241

237,267

(574)

3,t34

4,404

660

5,786,562

I 00,000

6,531

901,469

___9,356,291_

Particulars Amount in Tk Amount in Tk30 Sen 2019 30 Sen 2019

{,grani Bonk Ltd. Industrial loan-

principrl : lst BMRE 2nd BMRE

29.00 Lonp terqr loan fund:

The above balance is made of the following:

Asrani Bank Ltd. indu,strial loan-interest

Opening balance

Add: Received from Agrani Bank

Less: Pa),rnent

Total:

Opening balance

Less: Payment

Add: Provision for interest

Total:

Total long term loan fund Total: (A

36,340,940 50,471,371 86,812,311 86,812,311

52,311,322 52,3n.322

_ s2,311,322 52,311,322

52,311.322 52.311.322

36,340,9-40 50,471,3_71 86,8 12,3 1 I

Bank balance position ofthese long term loans as per Bank Statement as on 30th June 201 I is as follows.

139,123,633 139,123,633

10,000

5,000

4,822

19,822

8,990,920

340

1,256,677

63,318

489,249

55,05 I4,194,997

439,516,459

896,250

455,463,261

30.00 Advance Asainst Sales:

The above balance is made follows:

31.00 Securitv and other denosites:

particulars | 30 Sep 2019

Amount in TkHomes Enterprise

Bhai Bhai Traders

Rubican Insect Control Co.

Total

32.00 Other current liabilities :

Trade creditors

Creditors (Staff and Offi cer)

Realisation for party VATUnpaid salary & wages

Income tax deduction from parties

Sramik kallan tahabil

, Other sundry creditors

Received against Legal claim (Agrani Bank)Unpaid dividend

32.0t

10,000

5,000

4.822

t9.s22l

-l

Amount in Tk Amount in Tk30 Sen 2019 30 June 2019

Total Total

12,772,364

{,grani Bank Ltd. Industrial loan-principal :

lst BMRE30 June,201lAmount in Tk

2nd BMRE30 June,20l1Amount in Tk

Total

30 June, 2011

Amount in TkPrincipal

Interest46,002.622

78.753.404

50,82t,371

23.168.574

96.823.993

101.921.978Iotal (B) 124.756^026 73.989.945 198,745,971Excess shown by the bank C=(B-A) 48.876.128 10.746.210 59,622,338

Name of the Party Address 30 Sep 2019

Amount in Tk30 June 2019

Amount in TkIvl/s.Jony Enterprise Dariapur Bazar, Shahiadpur, Siraj gonj 32.513 32.s13lWs.Babul Traders Dariapur Bazar, Shahiadpur, Sira-i goni. 6.208 6.208M/s.Abul Kashem Hajee Market Pabna. 16.664 16.664Itl/s.Abdullah Textile Mills Ltd House No-376, Road-28, Dosh, Dhaka I 1.250 11.2s0Ws.Shahidullah Hossain Bank Road, Pabna. 6.307 6.307ws.uzzal liaders Shibrampur, Pabna. 249.924 249.924Ws.Markierrv Ltd. 677 & 678 Ashulia Savar, Dhaka. 7 .717 7.717Ws.Anika Traders Mukandaglti bazar,Belkuchi, Sirajgoni 100 100V{./s.Disanta Entemrise Danga Bazar,Palash,Narsingdi. 2 2Ws.Hashem Traders Gopalpur,Bellgla Bazar,sirai goni t02 102Ws. Baniiio Bitan Kumarkhali, Kushtia I 0.000

Total . 340,787 330.787

-

iF-

I rosep20tg__l l-30Jr*20D-lI tmount in Tk I J amount in Tk I

9,465,323

1,670

1,302,600

63,3 l86t7,6tt

55,05 I

4,194,997

439,516,459

930,451

456,147,480

l4

32.01

33.011 Provision lbr taxes :

Provision for accounting year 2012 -2013

Prov. for accounting year 2013 -2014

Prov. for accountingyear 2014 -2015

Prov. for accounting year 201 5-201 6

Prov. for accounting year 2016-2017

Prov. for accounting year 20 I 7-20 I 8

Prov. for accounting year 20 I 8-20 I 9

Prov. for accounting year 2019-2020Total

34.00 Prov. for other liabilities and charees:Salary & wages clearing account

Provision for other expenses

, Provision for doubtful assets

Total35.011 Bank overdral't :

Agrani Bank -cash credit (hypothecation) - A/C-60Agrani Bank - cash credit (pledge) - A/C-07

Total

2,712,130

4,800, I 76

6,792,437

6,353,096

7,644,358

4,041,558

2,992,720

250.738--J-s"ss-im-

2,712,130

4,800,176

6,792,437

6,353,096

7,644,358

4,04 1,558

2,992,720

2,t 18,77 5

8,842,483

4,027,470

_ l4,ggg,72g

| 30 sep 2019__l I- 30 June 20D-lI Amount in Tk | | nmount in Tt I

1,943,045

8,546,679

4,027.470-----..iaFniga-

37,032,249

( 1 8,260,1 69)

_-_:l8rl?{!o

37,032,249

(1 8,260,1 69)19,772,090

Particulars 30 Sep 2019

Amount in Tk30 June 2019

Amount in TkN,Iis. A. Salam Ensineerins works 56.853 56.853Ir,l/s. Alhai Jute Mills Limited 333.274 3 t74M/s. Asia Jute Manufagturing 195,082 195.082

Jrtaruzzaman 699 699M/s. Asif Trading Asencv 15.7 t7 15.7 t7Md. Alauddln (canteen man) 2.850 4.750Md. Abul Hossain (Manaser Comm.) 9.950 9.950Ws. Ayan Mill Store 40 848 40.848M/s. Arthasuchak 4.050lr,?s. Bieco Intemational 358.86s 358.865Ws. Bearinq Palace 84"574 84,5"t4Ws. Careo Control Bansladesh Ltd 205^499 248.333Ws. Chand Mansion GVO Rent) 71.887Ws. Eden Trade Concem ,'' 25-940 -840Ws. Eastem Harmony cooperative society 8,460N,I/s. Fast Tech Eneineerine Ltd. '' .. -. . .' tr 3t1.582IWs. Favourite Security Serviec Ltd. f t 165-000 165.000Ir,I/s. C.Q.trndustries Ltd. l8s ,03 l8 s01Md. Hasnat Quaiwm (Advocate) 356.s00 15 .500Md. Havdar Ali 2,8s0.00 2 850lWs. Janata Insurance Co. Ltd 342,88 I 342,88 IWs. J.S.Advertisine Ltd. 21.969 5.069Ws. Kalam Traders 50.281 74.734IWs. K.S.Collection 20r.778 243.863Ws. Liberal Trade Link Ltd. 87.429 5r .286M/s. Lioika 1.072.860 1.072.860IvVs. Modem Machinery Store 1.042.7so 1.042.1soM/s. Macca Auto Paoer Cone Product 2.116.168 2.116.t68M/s. Mozaddedia Tarikat Mission Press 54,978 53,278M/s. Microdil Computers 1.000 .000lWs. Monai Air Technolosv 2.476 .476Md. Hazi Mozammel Pramanik .550 8.5s0M/s. Nahid Entemrise 19.714 19.714M./s. une lnspectlon and Survevors Ltd. 20.000 20.000Ws. Paper Cone Industries 979.266 979.266IWs. Puii Bazar 5.000.00 5.Ws. Popular Advertisins Ltd. 34.546 1t 546Ws. Press Al nasar l-040 1 040Ws. Rupali Carso Service Ltd. 9t,214 91.214V{/s. Shah Paran Auto Mobile 3.710 1.7 t0lvf/s. Standard Spring Industries 549"428 495^142Dr. Md.Shafioul Islam Shamim 46.173 46.173M/s. Share Biz 37.440.00 .640M/s. Share Bazar News.Com 20,250.00 4_050M/S. StAr t nterpnse 2,720.00 2.720ws. stocK News-tsL) 4,000.00 4 000Mr. Sree Shebesh Kumar Sarker 4,750.00 4.7 50M/s. T.Comoration 1.800 ,800Ws. Zakir Hossain 98.869 6). )O)

Total 9.465.323 8.99 ,20

l5

36.00

Turnover

0l-07-201E to 30-09-2018

Raw materials consumed

Work in process (closing)

Wastage recoverable

Total consumption

Factory wages & allowances

Stores & spares

Other factory overhead

Factory salary & allowance

Cost of productionStock of Finished goods (opening)

Stock of

37.01 Factorv wrqes & allowances:

Wages and allowances

Bonus

37.02 Store & snares:

Spare parts

Packing materials

Lubricants

Elechical materials

Building maintenance materialsOther maintenance materials

37.01

31.02

37.03

37.04

442,210

5,475,871

30 Sep 2019 | 30 Sep 2018

in Taka I Amount in Taka

4,337,146

56,657,880

(3,073,372)

l6 569

2,118,904

11,983,896

I

2,023,721

244,2955,730,317

294,252

?,268,016 6,024,569Total

Total

382,077

33,638

t7,145

647,483

1,200,293

18,947

142,7t3

87.509

l6

Particulars 30 Sep 2019

Amount in Tekr30 Sep 2018

Amount in Taka3arded Spun Yam)pen-End Yam

6,836,300

I 05,40546,898,583

1,972,043

Total 6.941.70S 48,870,626

Carded Spun Yam)pen-End Yam

20,702

771143,791

15,468

Total 21,473 159.2s9

Turnover in ouantitv (Ks) :

Production Type Opening Stock

(a)

Production

(h)

Closing Stock

(c)

Sales during the

period

(r+h-i!lSarded Spun Yarn

f,pen-EndYam - * --87$;832

q, 39.917858, I 30

39.14620,702

771fotel 918,749 897.276 21.473

t'

Production type Opening Stock

(e)

Production

* (h'l

Closing Stock

(c)

Sales during the

period

(a+h-c)lJarded Spun Yarn

Jpen-End Yam320;55 I

4.626250,831

t6.240427,591

5 1S8

143,791

15.468325-177 267.071 432^981) lsg.2s9

Finished goods (closing)

37.03 Other frctorv overhead:

Carriage inward

Electrioity and power

Gas billSurcharge on gas billDepreciation

Depreciation of cost of revalued assets

Insurances premium

Printing and stationery

Postage&telephone !Gas generator operating expenses

Canteen subsidy

Rent,Rates and Taxes (Factory)

Repairs and maintenanoe ofmaohinery (outside parties)

Repairs and maintenance of Boundary WallRepain and maintenance ofFactory RoofRepairs and maintenance of Cas LineChemical for water treatrnent plant for cooling tower

Total n .i.b

37.04 Factorv salarv & allowances:

Salary and allowances

Bonus

38.00 Administrative expensess:

&+

Salary and allowances

Bonus

Directors remuneration

Chairman's honorarium

Board Meeting Fee

Audit Committee Meeting Fee

Purchase Committee Meeting Fee

Repairs ofvehicles

Printing and stationery

Uniform

Medical Expenses

Rent, rates and taxes

Travelling and oonveyances

Petrol for car

Electricity & power

Depreciation

Courier billIntemet expenses

Telephone

Entertainment expenses

Legal fees and expenses

Inventory Audit Fee

Accounts Audit Fee

Annual subscription

Newspaper and Magazine

Bank charges

Advertisement expenses

Annual fee for CDBLWater and gas supplies expenses

Sanitation expenses

Annua! General Meeting Expenses

Annual religious festival expenses

Car parking expenses

VAT expenses

Dish line connection exp.

Garage rent

Service oharge ofhead offrce

Aher semidng (offtce eqdpmen)Website expenses

Celebrating expenses

Total

-" 30 Sep 2019 | 30 Sep 20tSAmount in Taka I Amount in Taka

1,575,678

30 Sep 2019 | . 30 Sep 2018Amouni in Taka I lmount in Taka

Total

220

478,060

43,731

48s,727

3,2s8,094

261,694

654,528

10,290

5,28s

13,000

3s,000

3,1 19

5,700

135,456

1,77 5,481

167,829

300,000

135,000

30,000

I 10,000

11,650

46,886

263,700

18,296

t83,764

32,414

t64,217

6,333

25,400

27,550

39,424

962,397

I 7,500

48,150

64,980

76,659

79,740

34,96t24,300

t,29052,580

39,951

10,500

367,8s I

3,200

9,000

56,7006,454

8,500

1,625

1,456,648

5,2'.74,621

3,672.831

294,7t53s5,823

32,458

7,105

757,595

15,000

35,000

49,754

2,007

15,714

I 5,000

1,787,197

163,622

300,000

135,000

70,000

40,000

I 10,000

2,960

45,575

250

60,000

263,700

I 7,538

184,207

32,503

179,632

14,588

t6,200

25,747

33,761

460,710

l 7,500

48,750

57,159

310

103,086

62,000

I 8,654

24,300

1,700

62,7t497,523

3,500

146,2t0

2,500

9,540

s6,7007,555

9,500

1,566,71 8

- 5,000

5,203,253 4,677,391

39.00 Sellinq & distribution exoenses:

Salary & allowances

Bonus

Rent for Godown and shop

Excise Duty

Sales Promotion Expenses

Other expenses

Total

40.00 Reconciliation of the statement of cash flows:

Net Loss

Add : Depreciation

Add :Increase ofcunent liability (except loan)

Less: Non operating income

Lrss: Increase ofcurrent assets (Except investment)

Defened tax

Netcash from operating activities . . --..at ."

41.00 Calculation of NAVPS : '. .- '

170,010

10,671

5l,000I 08,392

4,670

Amount in Taka

30 Seo 2019

(13,8 18,7 I 5)

3,684,005

473,423

(845,937)

4,433,687

Amount in Taka

." 30 Sen 2019

869,656.t62

56,100

5,610

Amount in Taka

30 June 2019

(41,949,9s6)

16,777,515

357,850,179

(|,607,428)(140,772,t89)

Amount in Taka

30 June 2019

883,1 89,544Total assets & properties value

Less:Total liabilities

Total net assets

Total number ofshares

Net assets value per share (NAYPS) Restated

42.00 Calculation of Earning Per Share:

Eaming attributable to the ordinary shareholders

Net profrt / (Loss) after tax

Number ofordinary shares outstanding during the year

Earning per share (Restated)

43.00 Calculation of net operating cash flow Per Share:

Net cash from operating activitiesTotal number ofshares

Net operating cash llow per share (Restated)

30 Sep 2019 | 30 Sep 20t8Amount in Taka I Amount in Taka

(13,818,715) (2,566,245)

22.298.549 22-298.549(0.62) (0.12)

(6,26t.627)

44.00 Gross orofit. Net Profit, EPS and NOCFPS

During the period ,EPS, NocFPS and NAVpS have decreased due to following reasons:

1) Sales of the oompany for the period from July to Sep'2019 was 21,473 kgs valued Tk.6,94l,705 incomparisonprevious years samo period sales of I 59,259 kgs value Tk. 48,870,626.Sa1es for the reporting period has been reduced86.52Voin terms of quantity and 85.80% in terms of sales amount. Reason behind reduction in volume of sales is severelack of demand in the market.

2) Factory wages and allowance has decreased by Tk.3,756,553i-3) Stores and spares has decreased by Tk.|,676,6941-

4) Faotory overhead expenses has decreased by amount ofTk.6,510,025 mainly for decrease in Electricity billTk.978,588 Gas bill by Tk. 5,230,890 and in depreciation by Tk.447,758.

Due to such negative effect in case ofsales, and overhead expense, the company incurred Net loss oftk. 13,g1g,715 asagainst loss of tk. 2,566,245 for corresponding same period of previous year. Consequential effect ofsuch operating lossand net loss the EPS, NOCFPS and NAVPS have decreased substantially compared with that of the correspondingprevious period. Management is well aware about of the situation and steps are being taken to improve the overalloperational performance.

l8

4t-317

l.l l9-156

9.355.717

W.D.Ysm

1.571.952

t0.454.532

14.981.141

Savio Auto Cone Machine

r,422311on Reserue ofFixed asset

ALHAJ TEXTILE MILLS LTD.Ishurdi - Pabna

Depreciation Schedule of Revaluation of Fixed Asset

nz

COST DepreciationSL

No.

Particularc Revaluation ofFixed Assets

W.D.V. as on

tnn0t9Total Cost as

on ll7l20l9Dep. Up to

tnDotgDep. To be

Calculated

Rate ofDen.{o/"

Dep.during

the neriod

Accum.Dcp.

3Ut9n0t9w.D.v

30n9no19I 2 3 4 f, 6 7 8 9 r0 III Land 1.554.675 r.554.675 1.554.675 1.554.675 r.554.6752 Land& LandDevelooment 8,028.325 3.885.567 8,028.325 4,t42,758 3,885,567 7 67-997 4.210.75s 3.817.570

Sub total - A 9583.000 s440242 9583.000 4,142,759 5,440242 61,997 4210.755 5372,245Factory building (lst class) 579,852 179.717 579.8s2 400,135 179.7 r7 r0 4.493 404,628 175,224

2 Factory building (2nd class) 779,355 241-550 779,355 537.805 241,550 10 6.039 543,844 235.5113 Residential Buildins(Offi cers) 3,705,574 1.292.0s4 3,705,574 2.413.520 1,292,0s4 l0 32.301 2,445,82r t,259.7534 Residential Buildins(Workers) r.730.289 603.3 14 1.730.289 t.126.975 603,314 0 15.083 1"142,058 588.23 1

5 Officers Buildine 1,23r,725 429-47s r,231,72s 802,250 429"475 0 tul37 812,987 418.7386 Other Buildinss 2.6s4.889 822,847 2,654,889 t,832.042 822.847 0 '4,20:571 1,852.613 , 802,2767 Water Installation 81.51 1 28-421 81.51l 53,090 28.421 0 ,r. ' ,f,II 53.801 27,7108 Electric Installation 316,492 I 10,353 316.492 206.139 110-353 0 2.7s9 208"898 107.5949 Other Construction( lst class) 429,117. 132.998 429,117 296.1t9 132,998 0 3.325 299,444 t29.673

l0 Other Construction(Tem ) 2,196 681 2-196 1.5 l5 68r 0 1t7 1"532 664Sub Total - B I I,511,000 3.841.410 11,511,000 7.669590 3,841,410 96,036 7,765,626 3.745,374

I Plant and Machinerv 3,811,23 r 706,197 3,811,231 3, r 05,034 706.197 t5 26.482 3,13 1,516 679.7152 Workshop Mach.Equioment 343.159 67,326 343-tsg 275,833 67-326 15 ') \)\ 278.358 64,80r3 Power House Machinerv 4.697.905 921.697 4.697.905 3.776.208 921.697 l5 34,564 3.810.772 887-1334 Fire Fishtins Eouioment 127,507 26,579 t27,507 100,928 26,579 l5 997 \01,925 25,5825 Medical & Office eouioment 3,908,372 724,198 3,908,372 3.184.t74 724,198 l5 27.157 3,211,331 697"0416 Transoort eouinment 8,367 1.641 8,367 6.726 1,641 15 62 6,788 t.5797 Loose Tools 958,061 156.639 958,061 801"422 156.639 t5 5,874 807.296 r50.765

Sub Total - C r3"854.602 2.604.277 13,854,602 11.25032s 2.604-277 97,661 t1347.986 2.506.616Total (A+B+C) 34,948,602 I 1,885,929 34,948,602 23,062,673 I 1.88s.929 261,694 23324367 11,624,235

2t