Professional Documents
Culture Documents
SALES - Net 677,712,989 944,063,064 928,402,195 677,549,165 829,627,530 725,389,521 732,940,253 533,619,431
COST OF GOODS SOLD 719,714,755 949,984,964 912,700,556 699,753,056 815,882,845 749,159,236 684,547,185 567,501,637
GROSS (LOSS)/PROFIT (42,001,766) (5,921,900) 15,701,639 (22,203,891) 13,744,685 (23,769,715) 48,393,068 (33,882,206)
OPERATING EXPENSES
27,215,030 23,290,907 26,570,607 24,809,358 22,797,583 1,728,958 20,798,800 17,132,298
OPERATING (LOSS)/PROFIT (69,216,796) (29,212,807) (10,868,968) (47,013,249) (9,052,898) (22,040,757) 27,594,268 (51,014,504)
Financial Expenses 42,270,490 74,012,030 64,231,717 66,283,354 66,980,883 76,279,909 692,319 535,572
(103,224,837) (75,100,685) (113,296,603) (76,033,781) (98,320,666) 6,679,308
OTHER INCOME 7,125,215 11,620,569 10,370,343 9,525,142 29,580,532 9,056,106 25,222,887 13,735,172
(LOSS)/PROFIT BEFORE TAX (104,362,071) (91,604,268) (64,730,342) (103,771,461) (46,453,249) (89,264,560) 31,902,195 (37,814,904)
PROVISION FOR TAXATION
Current 5,428,490 4,724,790 4,827,851 3,606,243 (4,300,000) (3,671,831)
Prior Period 12,354,732 2,013,275 389,883 -- (53,437) 134,582
Deferred -- 15,829,297) 50,829,297 --
17,783,222 18,540,812) 45,611,563 3,606,243 (4,353,437) (3,537,249) 3,700,000 (2,739,100)
(LOSS)/PROFIT AFTER TAX (122,145,293) (110,145,080) (19,118,779) (107,377,704) (50,806,686) (92,801,809) 28,202,195 (40,554,004)
(LOSS)/PROFIT BROUGHT FORWARD 4,855,351 (117,289,942) (227,435,022) (246,553,801) (353,931,505) (404,738,191) (497,540,000) (469,337,805)
CGS vs Sales
SALES - Net COST OF GOODS SOLD
1,000
Values in (000,000)
950
900
850
800
750
700
650
600
550
500
SALES - Net 100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000%
COST OF GOODS SOLD 106.198% 100.627% 98.309% 103.277% 98.343% 103.277% 93.397% 106.350%
GROSS (LOSS)/PROFIT -6.198% -0.627% 1.691% -3.277% 1.657% -3.277% 6.603% -6.350%
OPERATING EXPENSES
4.016% 2.467% 2.862% 3.662% 2.748% 0.238% 2.838% 3.211%
OPERATING (LOSS)/PROFIT -10.213% -3.094% -1.171% -6.939% -1.091% -3.038% 3.765% -9.560%
Financial Expenses 6.237% 7.840% 6.919% 9.783% 8.074% 10.516% 0.094% 0.100%
(LOSS)/PROFIT BEFORE TAX -15.399% -9.703% -6.972% -15.316% -5.599% -12.306% 4.353% -7.086%
(LOSS)/PROFIT AFTER TAX -18.023% -11.667% -2.059% -15.848% -6.124% -12.793% 3.848% -7.600%
(LOSS)/PROFIT BROUGHT FORWARD 0.716% -12.424% -24.497% -36.389% -42.661% -55.796% -67.883% -87.954%
SALES - Net 100.000% 139.301% 136.990% 99.976% 122.416% 107.035% 108.149% 78.738%
COST OF GOODS SOLD 100.000% 131.995% 126.814% 97.226% 113.362% 104.091% 95.114% 78.851%
GROSS (LOSS)/PROFIT -100.000% -14.099% 37.383% -52.864% 32.724% -56.592% 115.217% -80.669%
OPERATING EXPENSES
100.000% 85.581% 97.632% 91.161% 83.768% 6.353% 76.424% 62.952%
OPERATING (LOSS)/PROFIT 100.000% 42.205% 15.703% 67.922% 13.079% 31.843% -39.866% 73.702%
Financial Expenses 100.000% 175.091% 151.954% 156.808% 158.458% 180.457% 1.638% 1.267%
OTHER INCOME 100.000% 163.091% 145.544% 133.682% 415.153% 127.099% 353.995% 192.769%
(LOSS)/PROFIT BEFORE TAX 100.000% 87.775% 62.025% 99.434% 44.512% 85.534% -30.569% 36.234%
(LOSS)/PROFIT AFTER TAX 100.000% 90.175% 15.652% 87.910% 41.595% 75.977% -23.089% 33.201%
(LOSS)/PROFIT BROUGHT FORWARD 100.000% -2415.684% -4684.214% -5077.981% -7289.514% -8335.920% -10247.251% -9666.403%
Factory Cost 775,270,736 879,965,738 957,492,281 632,237,484 830,900,878 719,490,571 740,774,342 542,698,294
12,661,588
As a %age of Cost of Goods Sold 2003 2004 2005 2006 2007 2008 2009 2010
Raw Materials Consumed 8.799% 10.390% 10.827% 13.053% 28.565% 5.617% 15.946% 6.733%
Packing Material Consumed 10.541% 13.884% 11.351% 12.097% 9.799% 8.572% 8.083% 7.491%
Stores & Spares Consumed 9.938% 7.476% 7.868% 6.199% 5.367% 5.635% 5.362% 4.792%
Electricity & Water 21.551% 21.901% 22.975% 23.796% 19.121% 22.268% 21.131% 24.613%
Fuels 23.657% 27.555% 27.086% 20.874% 19.381% 37.265% 29.086% 28.452%
Salaries, Wages & Benefits 14.546% 13.132% 13.115% 17.054% 12.203% 12.893% 11.306% 16.321%
Repairs & Maintenance 2.018% 1.172% 1.055% 1.467% 1.282% 1.024% 1.094% 1.296%
Depreciation 3.775% 3.156% 2.670% 3.709% 2.656% 2.891% 3.471% 3.966%
Other Expenses 1.302% 1.170% 1.380% 1.312% 1.242% 1.708% 2.328% 3.072%
Factory Cost 100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000%
Trend Analysis
Factory Cost 100.00% 113.50% 123.50% 81.55% 107.18% 92.81% 95.55% 70.00%
Clinker
Production 387,287 391,723 398,538 210,909 187,487 260,269 250,424 177,813
Purchases 0 0 11,867 26,969 146,132 0 50,000 0
Total 387,287 391,723 410,405 237,878 333,619 260,269 300,424 177,813
Purchase of Gypsum, Slag & Iron Ore 11,890,906 55,556,805 37,542,722 12,298,141 10,527,794 12,932,673 15,816,215 15,314,744
Own Excavation of Lime Stone & Shale
Clay 51,401,506 49,970,290 43,404,668 25,239,389 23,095,349 28,253,408 28,457,189 20,048,169
Opening Stock 14,381,681 9,456,524 23,555,334 16,295,265 8,357,812 6,188,585 6,960,603 5,597,452
Closing Stock 9,456,524 23,555,334 16,295,265 8,357,812 6,188,585 6,960,603 5,597,452 4,419,849
Total Raw Material Used 68,217,569 91,428,285 103,663,771 82,529,096 237,345,272 40,414,063 118,126,344 36,540,516
Factory Cost 775,270,736 879,965,738 957,492,281 632,237,484 830,900,878 719,490,571 740,774,342 542,698,294
Cost of material used for Clinker 68,217,569 91,428,285 88,207,459 45,474,983 35,792,370 40,414,063 45,636,555 36,540,516
Cost of Material Purchased 0 0 15,456,312 37,054,113 201,552,902 0 72,489,789 0
Per Unit Cost of Raw Material 176 233 221 216 191 155 182 205
600,000
Units
500,000
400,000
300,000
200,000
100,000
0
2003 2004 2005 2006 Years
2007 2008 2009 2010
Operating Expenses
2003 2004 2005 2006 2007 2008 2009 2010
Administrative Expenses
Staff Salaries & Benefits 13,808,502 13,554,474 16,725,525 13,458,795 12,356,155 13,153,021 14,724,245 11,897,882
Golden Hand Shake 1,553,958 750,246
Advertisements 46,960 32,000 114,696 90,949 65,542 59,299 59,297 66,593
Printing, Stationery & Office Supplies 659,073 751,531 915,634 662,725 555,313 590,058 463,905 239,383
Travelling Expenses 457,199 549,055 469,120 677,040 442,753 510,794 297,932 158,562
Service Charges - Advisory Cell 2,146,500 1,000,000 500,000 1,250,000 400,000
Service Charges - SCCP 765,000 717,000 525,000
Postage, Telegrams & Telephones 661,952 709,404 597,560 703,683 649,137 622,710 450,006 170,655
Entertainment 173,963 286,553 388,717 467,576 295,217 295,276 162,849 15,848
Legal & Professional Fees 249,060 170,413 113,803 174,997 392,255 240,060 145,700 1,690,819
Auditors' Remuneration 50,000 65,000 75,000 75,000 60,000 60,000 75,000 90,000
Rent, Rates & Taxes 679,326 406,640 472,820 504,750 541,254 625,627 606,800 488,515
Electricity & Gas 293,939 277,306 400,157 687,423 636,477 841,407 601,884 159,184
Repairs & Maintenance 444,208 392,717 377,493 697,368 452,484 359,712 277,914 12,510
Subscription & Books 130,086 134,267 142,769 168,070 219,425 143,983 99,717 92,325
Meeting & Conventions 26,800 40,625 38,575 89,682 169,127 49,169 42,051 142,797
Vehicles Running Expenses 791,046 870,150 959,725 1,034,059 1,574,592 1,662,055 687,056 32,587
Insurance 268,336 316,674 234,646 203,918 241,169 224,914 313,022
Zakat 287,690 142,000 132,000 382,000 380,625
Miscellaneous 90,837 219,417 181,221 200,750 20,849 26,898 89,959 27,161
23,874,631 20,684,216 24,106,908 22,453,785 21,006,332 20,215,229 19,097,337 15,284,821
Selling Expenses
Staff Salaries & Benefits 2,526,977 2,095,165 2,209,093 1,981,126 1,705,455 1,740,826 1,587,656 1,709,282
Amortisation of Other Benefits 252,621 -
Advertisements 282,641 175,650 50,380 51,504 1,053 5,000 13,620 —
Printing & Stationery 113,400 227,903 88,775 161,280 18,215 10,423 13,856 72,647
Travelling Expenses 74,769 42,535 63,798 50,709 29,694 27,240 18,892 18,931
Postage, Telegrams & phone 49,525 31,372 29,989 33,635 25,390 26,455 30,658 26,259
Entedainment 20,931 21,672 18,157 50,204 5,580 4,721 10,177 4,262
Repairs & Maintenance 14,000 12,394 3,507 27,115 5,864 10,863 26,604 16,096
3,340,399 2,606,691 2,463,699 2,355,573 1,791,251 1,825,528 1,701,463 1,847,477
27,215,030 23,290,907 26,570,607 24,809,358 22,797,583 22,040,757 20,798,800 17,132,298
Key Financial Data
2004 2005 2006 2007 2008 2009 2010
FINANCIAL POSITION
Authorized Capital 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 700,000,000
Paid up capital 88,000,000 88,000,000 88,000,000 88,000,000 88,000,000 88,000,000 560,000,000
Reserves 75,465,602 75,465,602 75,465,602 75,465,602 75,465,602 75,465,602 75,465,602
Long term Deposit 5,284,107 604,107 604,107 604,107 564,107 539,107 291,550
Long term Loans 388,000,000 285,000,000 344,250,000 223,900,000 109,150,000 0 0
Current Liabilities 230,728,109 440,218,689 420,074,230 624,170,306 775,982,675 872,574,528 425,913,406
Fixed Assets WDV 263,203,294 223,931,170 206,888,427 199,425,779 183,904,272 185,469,920 172,263,378
Long Term Deposits 4,492,203 5,612,554 11,971,685 69,556,902 69,303,613 60,704,542 51,528,162
Long Term Loans to Employees 10,003,566 25,649,626 25,564,894 16,366,525 20,342,518 19,479,827 15,730,852
Current Assets 333,173,000 387,541,247 330,037,428 322,052,618 278,066,981 301,587,143 312,256,357
INCOME
Sales (Net) 944,063,064 928,402,195 677,549,165 829,627,530 725,389,521 732,940,253 533,619,431
Other Income 11,620,569 10,370,343 9,525,142 29,580,532 9,056,106 6,679,308 13,735,172
Pre-Tax Profit /(Loss) (91,604,268) (64,730,342) (103,771,461) (46,453,249) (89,264,560) 31,902,195 (37,814,904)
Taxation (18,540,812) 45,611,563 (3,606,243) (4,353,437) (3,537,249) (3,700,000) (2,739,100)
After Tax Profit/(Loss) (110,145,080) (19,118,779) (107,377,704) (50,806,686) (92,801,809) 28,202,195 (40,554,004)
RATIOS AND STATISTICS
Profit /(Loss) to sales in % (10) (7) (15) (6) (12) 4 (7)
Current Ratio 1.44 0.88 0.79 0.52 0.36 0.35 0.73
Paid up value per share (Rs.) 10 10 10 10 10 10 10
Earning per share (Rs.) (13) (2) (12) (6) (11) 3 (1)
Dividends 0 0 0 0 0 0 0
Market value per share 18.40 8.50 8.50 4.00 4.00 4.70 8.80
Number of Shares 8,800,000 8,800,000 8,800,000 8,800,000 8,800,000 8,800,000 56,000,000
SHARE PERFORMANCE
Highest (Rs.) 19.25 15.90 8.50 5.00 4.00 5.00 8.80
Lowest (Rs.) 15.90 8.00 8.50 2.30 4.00 4.00 5.00
11
BALANCE SHEET AS AT 30TH JUN 2003 2004 2005 2006 2007 2008 2009 2010
SHARE CAPITAL & RESERVES
Authorised Capital
Ordinary Shares of Rs. 10/- each 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 700,000,000
Issued, Subscribed & Paid-up Capital 88,000,000 88,000,000 88,000,000 88,000,000 88,000,000 88,000,000 88,000,000 560,000,000
Reserves:
Capital Reserve 11,965,602 11,965,602 11,965,602 11,965,602 11,965,602 11,965,602 11,965,602 11,965,602
General Reserve 63,500,000 63,500,000 63,500,000 63,500,000 63,500,000 63,500,000 63,500,000 63,500,000
Unappropriated (Loss)/Profit (117,289,942) (227,435,022) (246,553,801) (353,931,505) (404,738,191) (497,540,000) (469,337,805) (509,891,809)
46,175,660 (63,969,420) (83,088,199) (190,465,903) (241,272,589) (334,074,398) (305,872,203) 125,573,793
LONG TERM LOANS- SECURED 311,000,000 388,000,000 285,000,000 344,250,000 225,797,261 109,150,000 --- ---
DEFERRED LIABILITIES FOR TAXATION 35,000,000 50,829,297 --- --- --- --- --- ---
LONG TERM DEPOSITS 5,774,107 5,284,107 604,107 604,107 604,107 564,107 539,107 291,550
CURRENT LIABILITIES
Finance under Mark-up Arrangements 20,814,412 12,996,356 --- --- --- --- --- ---
Short term loans - Unsecured --- --- 30,000,000 --- --- --- --- ---
Due to Associate Company 9,158,527 84,137,512 --- --- 261,415 1,315,529 777,739 ---
Current Portion of Long Term Loan 93,030,000 46,000,000 149,000,000 114,750,000 229,500,000 344,250,000 453,400,000 ---
75,224,025 103,122,980
Creditors, Accrued Expenses and Other Liabilities 119,600,394 80,902,535 108,208,737 79,788,456 104,477,135 91,696,744
Provision for Taxation 5,428,490 4,725,772 9,553,624 13,159,867 12,735,076 7,972,813 11,672,813 14,411,913
Unclaimed Dividend 1,991,237 1,965,934 1,964,127 1,963,802 1,963,774 1,963,435 1,950,367 1,949,047
Proposed Dividend --- --- --- --- --- --- --- ---
Due to parent company - Unsecured --- --- 10,931,718 14,627,348 26,105,553 29,816,774 30,582,204 ---
Accrued markup on long term loan --- --- 122,119,072 183,126,260 215,100,092 276,589,380 298,967,380 ---
Accrued markup on short term loan --- --- 8,441,411 12,658,497 --- --- --- ---
Accrued markup on overdue maturity --- --- --- --- 32,130,000 22,378,000 --- ---
Due to holding company --- --- --- --- --- --- 329,549,584 306,429,466
Total Current Liabilites 250,023,060 230,728,109 440,218,689 420,074,230 622,273,045 775,982,675 872,574,528 425,913,406
CONTINGENCIES AND COMMITMENTS --- --- --- --- --- --- --- ---
Total Liabilities 647,972,827 610,872,093 642,734,597 574,462,434 607,401,824 551,622,384 567,241,432 551,778,749
12
BALANCE SHEET AS AT 30TH JUN 2003 2004 2005 2006 2007 2008 2009 2010
FIXED ASSETS
Operating Fixed Assets 260,437,809 242,877,465 223,931,170 206,888,427 199,425,779 183,904,272 185,469,920 172,263,378
Depreciation 29,268,656 27,772,153 25,567,325 23,447,900 22,072,580 20,798,120 25,711,602 21,523,634 --
Capital Work-in-Progress 4,672,524 2,302,628 --- --- --- --- --- ---
Stores & Spares held for Capital Expenditure 6,096,757 18,023,201 --- --- --- ---
LONG TERM DEPOSITS AND DEFERRED COSTS 4,624,930 4,492,203 5,612,554 11,971,685 69,556,902 71,796,147 60,704,542 51,528,162
LONG TERM LOANS TO EMPLOYEES 9,897,584 10,003,566 25,649,626 25,564,894 16,366,525 20,342,518 19,479,827 15,730,852
CURRENT ASSETS
Stores, Spares & Loose Tools 166,349,033 159,608,834 150,335,222 151,532,745 136,246,406 116,924,531 107,664,074 118,222,083
Stock-in-Trade 129,654,132 73,733,716 111,265,372 35,812,347 48,661,154 19,764,506 74,628,512 48,647,566
Trade Debtors 1,261,983 1,176,775 1,174,542 1,168,975 973,144 835,130 835,130 794,050
Due from Associated Companies 3,728,619 815,781 1,040,744 788,942 654,674 235,256 422,748 87,289
Loans & Advances to Employees 17,034,416 22,366,073 9,732,014 10,072,209 7,531,264 9,218,708 8,640,738 7,889,885
32,188,450 56,574,259
Advances, Deposits, Prepayments and Other Receivables 22,554,241 40,540,091 41,254,020 48,337,408 49,529,929 33,228,903
Cash & Bank Balances 846,387 34,931,760 72,739,333 82,324,802 78,456,047 95,372,413 77,207,491 80,041,225
Total Current Assets 362,243,223 333,173,030 387,541,247 330,037,428 322,052,618 275,579,447 301,587,143 312,256,357
Total Assets 647,972,827 610,872,093 642,734,597 574,462,434 607,401,824 551,622,384 567,241,432 551,778,749
Common Size Analysis
BALANCE SHEET AS AT 30TH JUNE…. 2003 2004 2005 2006 2007 2008 2009 2010
SHARE CAPITAL & RESERVES
Authorised Capital
Ordinary Shares of Rs. 10/- each 23.149% 24.555% 23.338% 26.111% 24.695% 27.193% 26.444% 126.862%
Issued, Subscribed & Paid-up Capital 13.581% 14.406% 13.691% 15.319% 14.488% 15.953% 15.514% 101.490%
Reserves:
Capital Reserve 1.847% 1.959% 1.862% 2.083% 1.970% 2.169% 2.109% 2.169%
General Reserve 9.800% 10.395% 9.880% 11.054% 10.454% 11.511% 11.195% 11.508%
Unappropriated (Loss)/Profit -18.101% -37.231% -38.360% -61.611% -66.634% -90.196% -82.740% -92.409%
EQUITY 7.126% -10.472% -12.927% -33.156% -39.722% -60.562% -53.923% 22.758%
LONG TERM LOANS- SECURED 47.996% 63.516% 44.342% 59.926% 37.174% 19.787%
DEFERRED LIABILITIES FOR TAXATION 5.401% 8.321%
LONG TERM DEPOSITS 0.891% 0.865% 0.094% 0.105% 0.099% 0.102% 0.095% 0.053%
CURRENT LIABILITIES
Finance under Mark-up Arrangements 3.212% 2.128%
Short term loans - Unsecured 4.668%
Due to Associate Company 1.413% 13.773% 0.043% 0.238% 0.137%
Current Portion of Long Term Loan 14.357% 7.530% 23.182% 19.975% 37.784% 62.407% 79.931%
Creditors, Accrued Expenses and Other Liabilities 18.458% 13.244% 16.836% 13.889% 17.201% 16.623% 13.261% 18.689%
Provision for Taxation 0.838% 0.774% 1.486% 2.291% 2.097% 1.445% 2.058% 2.612%
Unclaimed Dividend 0.307% 0.322% 0.306% 0.342% 0.323% 0.356% 0.344% 0.353%
Proposed Dividend
Due to parent company - Unsecured 1.701% 2.546% 4.298% 5.405% 5.391%
Accrued markup on long term loan 19.000% 31.878% 35.413% 50.141% 52.705%
Accrued markup on short term loan 1.313% 2.204%
Accrued markup on overdue maturity 5.290% 4.057%
Due to holding company 58.097% 55.535%
Current Liabilities 38.585% 37.770% 68.492% 73.125% 102.448% 140.673% 153.828% 77.189%
CONTINGENCIES AND COMMITMENTS
Current liabilities - Current Portion of LTD 24.228% 30.240% 45.309% 53.150% 64.664% 78.266% 73.897% 77.189%
100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000%
BALANCE SHEET AS AT 30TH JUNE…. 2003 2004 2005 2006 2007 2008 2009 2010
FIXED ASSETS
Operating Fixed Assets 40.193% 39.759% 34.840% 36.014% 32.833% 33.339% 32.697% 31.220%
Capital Work-in-Progress 0.721% 0.377%
Stores & Spares held for Capital Expenditure 0.941% 2.950%
Fixed Assets 41.855% 43.086% 34.840% 36.014% 32.833% 33.339% 32.697% 31.220%
LONG TERM DEPOSITS AND DEFERRED COSTS 0.714% 0.735% 0.873% 2.084% 11.452% 13.015% 10.702% 9.339%
LONG TERM LOANS TO EMPLOYEES 1.527% 1.638% 3.991% 4.450% 2.695% 3.688% 3.434% 2.851%
CURRENT ASSETS
Stores, Spares & Loose Tools 25.672% 26.128% 23.390% 26.378% 22.431% 21.196% 18.980% 21.426%
Stock-in-Trade 20.009% 12.070% 17.311% 6.234% 8.011% 3.583% 13.156% 8.816%
Trade Debtors 0.195% 0.193% 0.183% 0.203% 0.160% 0.151% 0.147% 0.144%
Due from Associated Companies 0.575% 0.134% 0.162% 0.137% 0.108% 0.043% 0.075% 0.016%
Loans & Advances to Employees 2.629% 3.661% 1.514% 1.753% 1.240% 1.671% 1.523% 1.430%
Advances, Deposits, Prepayments and Other Receivables 3.481% 6.636% 6.419% 8.414% 8.154% 6.024% 5.675% 10.253%
Cash & Bank Balances 3.343% 5.718% 11.317% 14.331% 12.917% 17.289% 13.611% 14.506%
Current Assets 55.904% 54.541% 60.296% 57.452% 53.021% 49.958% 53.167% 56.591%
Decrease/(Increase) in Advances, (377,954) (8,945,258) 7,709,012 (2,795,158) (4,959,017) 12,054,850 9,075,891 5,154
Deposits,Prepayments and Other Receivables
(Decrease) in long term deposits (4,680,000)
Cash Generated from Operations (118,834,834) 36,227,890 42,441,808 32,827,815 76,629,623 34,310,294 4,870,143 22,458,855
Income Tax Paid (21,940,949) (12,459,685) (6,005,889) (4,288,230) (1,011,732) (4,053,336) (5,547,903) (24,390,963)
Utility Deposits Paid 338,632 232,727 (1,120,351) (6,359,131) (57,585,217) (2,279,245) 8,579,071 8,928,826
Net Cash Used In Investing Activities (21,156,585) (19,940,788) (4,201,202) (6,280,117) (14,402,429) (4,624,665) (26,801,507) (8,125,920)
CASH FLOWS FROM FINANCING
ACTIVITIES
Finance under mark-up arrangements 12,996,356 (12,996,356)
Repayment of Long Term Loan (5,000,000) (5,600,000)
150,000,000 29,970,000
Acquisition of Long Term Loan from SCCP
Shod term loan 30,000,000 (12,658,497)
Net (Decrease)/Increase in Cash (74,209,814) 34,085,373 37,807,573 9,585,469 (3,868,755) 16,916,366 (18,164,922) 2,833,734
Decrease/(Increase) in Advances, 100.00% 2366.76% -2039.67% 739.55% 1312.07% -3189.50% -2401.32% -1.36%
Deposits,Prepayments and Other Receivables
(Decrease) in long term deposits
Cash Generated from Operations 100.00% -30.49% -35.71% -27.62% -64.48% -28.87% -4.10% -18.90%
Income Tax Paid 100.00% 56.79% 27.37% 19.54% 4.61% 18.47% 25.29% 111.17%
Utility Deposits Paid 100.00% 68.73% -330.85% -1877.89% -17005.25% -673.07% 2533.45% 2636.73%
Net Cash Used In Investing Activities 100.00% 94.25% 19.86% 29.68% 68.08% 21.86% 126.68% 38.41%
CASH FLOWS FROM FINANCING
ACTIVITIES
Finance under mark-up arrangements
Repayment of Long Term Loan
Net (Decrease)/Increase in Cash 100.00% -45.93% -50.95% -12.92% 5.21% -22.80% 24.48% -3.82%
Ratios Analysis
Activity Analysis
Inventory Turover CGS/Avg Inventory 5.55 12.88 8.20 19.54 41.28 10.04 14.07 11.67
Avg # of Days inventory in Stock 360/Inventory Turnover 64.85 27.94 43.89 18.42 8.72 35.86 25.58 30.86
Receivables Turnover Sales/Avg Trade Receiveables 537.02 802.25 790.44 579.61 852.52 868.59 877.64 672.02
Receivables Days 360/Receivables Turnover 0.67 0.45 0.46 0.62 0.42 0.41 0.41 0.54
Fixed Assets Turnover Sales / Total Fixed Assets 2.50 3.59 4.15 3.27 4.16 3.94 3.95 3.10
Total Asset Turnover Sales / Avg Total Assets 1.05 1.55 1.44 1.18 1.37 1.32 1.29 0.97
Liquidity Analysis
Cash Ratio Cash / Current Liabilities 0.002 0.105 0.188 0.249 0.244 0.346 0.256 0.256
Current Ratio Current Assets / Current Liabilities 1.449 1.444 0.880 0.786 0.518 0.355 0.346 0.733
Quick Ratio Quick Assets / Current Liabilities 0.114 0.336 0.264 0.316 0.220 0.179 0.137 0.341
Profitability Analysis
Gross Margin GP / Sales -6.20% -0.63% 1.69% -3.28% 1.66% -3.28% 6.60% -6.35%
Operating Margin Operating Income / Sales -10.21% -3.09% -1.17% -6.94% -1.09% -3.04% 3.76% -9.56%
Pretax Margin EBT / Sales -15.40% -9.70% -6.97% -15.32% -5.60% -12.31% 4.35% -7.09%
Profit Margin Net Income / Sales -17.31% -24.09% -26.56% -52.24% -48.79% -68.59% -64.03% -95.55%
ROA EBIT / Total Assets -10.68% -4.78% -1.69% -8.18% -1.49% -4.00% 4.86% -9.25%