Ex-01 Name of the Company: Agrani Ltd

Statements of Profit or Loss and Others Comprehensive income

For the year ended 31st December, 2014

Particulars Taka Taka Taka

Sales 1,894,200.00
Less: Cost of Goods Sold
Beginning inventory 201,980.00
Add: Purchase 1,453,980.00
Less: Purchase return (5,520.00) 1,448,460.00
Wages Exp 117,840.00
1,768,280.00
Less: Closing Inventory 240,000.00
Add:Inventory destry by fire 24,000.00 264,000.00
1,504,280.00
Gross Profit 389,920.00
Less : Operating Exp
Salaries Exp 100,000.00
Rate and Tax Exp 5,400.00
Less: Advance (1,080.00) 4,320.00
Bad dabts Exp 7,300.00
Insurance Premium 2,920.00
Add: Accural 920.00 3,840.00
Office Exp 75,340.00
Discount exp 5,820.00
Inventory destry by fire 24,000.00
Less: Claim admitted by Insurance Com. (22,500.00) 1,500.00

Depreciation On Building 17,000.00

Depreciation On Furniture 1,400.00
Depreciation On Motor Vehicle 15,000.00
Total Operating Exp 231,520.00
Net Operating Profit 158,400.00
Others Income:
Discount Received 800.00
Net Profit 159,200.00
Others Comprehensive Income -
Total Comprehensive Income 159,200.00
Profit Attributed to:
Divident Payable 80,000.00
Interiam Divident Payable 20,000.00
Transferd to General Reserve 10,000.00
Retained Surpluse 49,200.00
Add: Last year Income 40,080.00
Un-Appropriated Profit 89,280.00
 Name of the Company:
Statements of Financial Position
As at 31st December, 2014

Particulars Taka Taka Taka

Assets:
Non-Current Assets
Land and Building 170,000.00
Acc.dep-Land and Building (17,000.00) 153,000.00

Furniture 14,000.00
Acc.dep-Furniture (8,400.00) 5,600.00

Motor Vehicle 150,000.00

Acc.dep-Motor Vechicle (65,000.00) 85,000.00
Total Non-Current Assets 243,600.00

Current Assets
Accounts Receivable 174,480.00
Less: Bad debts exp (9,300.00) 165,180.00
Closing Inventory 240,000.00
Due from Insurance 22,500.00
Advance Rates 1,080.00
Bank Balance 100,240.00
Total Current Assets 529,000.00
Total Assets 772,600.00

Equities and Liabilities

Equities
Authorized Capital (40,000*@Tk.20) 800,000.00

Issued and Paid up Capital 400,000.00

Un-Appropriated Profit 89,280.00
General Reserve 70,000.00
Add: New General Reserve 30,000.00
Total General Reserve 100,000.00
Total Equities 589,280.00

Current Liabilities:
Accounts Payable 122,400.00
Accued Insurance 920.00
Dividend Payable 60,000.00
Total Current Liabilities 183,320.00

Total Equities and Liabilities 772,600.00