Jamuna oil company

Balance Sheet 2005 2006 2007

SOURCES OF FUND

SHAREHOLDERS' EQUITY
Share Capital 50000000 50,000,000 100000000
Proposed issued
of Bonus Share 50,000,000 350000000
Proposed
Dividend - 67500000
Capital Reserve 152833103 152,833,103 152833103
General Reserve 425000000 465,000,000 315000000
Surplus/(Deficit) -35047259 3,684,826 51833015
Retain earning 0 - 0
592,785,844 721,517,929 1,037,166,118
Non current Liability
Provision for gratuity 0 - 70,000,000
Total liability 592,785,844 721,517,929 1,107,166,118

Application of fund
Tangible fixed asset:
(At cost less depreciation) 156610713 148,889,710 158215273
Capital Work-in-Progress 24040322 46,705,766 57483039
Deferred Tax asset - 18454927
180,651,035 195,595,476 234,153,239
Investment 175000000 175,400,000 175400000
Total fixed asset 355,651,035 370,995,476 409,553,239
Current asset: 4,772,435,100 6,074,319,304 9,258,898,555
Stock-in-Trade 3311237473 2,430,889,081 5088254115
Stores & Spares 65618590 75,269,299 75279149
Book Debts 291126421 345,752,241 450486300
Advances and Deposits 853361088 2,802,860,435 3280135784
Cash & Cash Equivalents 251091528 419,548,248 364743207
Total asset 5,128,086,135 6,445,314,780 9,668,451,794
Current liability 4,535,300,291 5,723,796,851 8,561,285,676
Income Tax -82645232 5,653,127 119452423
Sundry credators 4617945523 5,718,143,724 8441833253
Proposed dividend 0 - 0
Unclaimed devidend 0 - 0
Net current asset 237,134,809 350,522,453 697,612,879
Net Asset 592,785,844 721,517,929 1,107,166,118

1 Current ratio Current Asset/Current liability

1.0522864625901 1.0612394992563 1.08148459302

2 Quick ratio Current Asset-Inventory/Current liability

0.32 0.64 0.49
3 Debt ratio= total liability/total 0.1155959218302 0.11194456029345 0.11451327902
 2008 2009

450000000 450000000

0 0

0 0
152833103 152833103
610000000 830000000
268111978
0 107313743
1,480,945,081 1,540,146,846

90000000 110000000
1,570,945,081 1,650,146,846

165749287 172209022
63272514 82751992
16917623 21657551
245,939,424 276,618,565
175400000 175400000
421,339,424 452,018,565
9,913,128,870 9,924,222,455
3793169298 4680130510
64707799
181166751 71263600
4801047909 3647960896
1073037113 1524867449
10,334,468,294 10,376,241,020
8,763,523,213 8,726,094,174
51405122 16842966
8655692449 8499666423
0 180000000
56425642 29584785
1,149,605,657 1,198,128,281
1,570,945,081 1,650,146,846

1.1311807624695 1.1373040740919

0.70 0.60
0.1520102472918 0.1590312756633
 Jamuna oil
Profit and loss account

JAMUNA OIL COMPANY LIMITED

PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED 30TH JUNE, 006

2005
TAKA

Net Earning on Petroleum Product 315039891

LESS :
Administrative, Selling & Distribution Expenses 216909003
Financial Expenses 67729759
Depreciation/Amortization (Note­5) 19029700
303668462

Trading profit on petroleum product 11371429

add: other operating income
Operating Profit/(Loss) 11371429
Add : Other Income 52708150
Dividend income
64079579
Less : Interest paid back to BPC as per their demand 59251279
4828300
Less : Contribution to Workers' (Profit)
Participation & Welfare Funds 241415
Net Profit/(Loss) before income tax 4586885

Provision for Income Tax 1,721,000

Current Tax
Deferred Tax
Profit after Income Tax 2865885

4 Inventory turn over ratio=Sales/Inventory 0.09514264488

5 Fixed assets turn over ratio= sales/ Net fixed asset 0.89

6 Total asset turn over ratio= Sales/ Total asset 0.06

 7 Profit Margin = Net Income/ Sales 0.00909689561
0.90968956055

8 Basic Earning power ratio= EBIT/ Total sales 0.01455969587

1.45596958704

9 Return on total asset= Net Income/ Total asset 0.00

0.06

10 Price Earning= Market price per share/Earning per share.

2006 2007 2008 2009
TAKA TAKA TAKA TAKA

489388099 657881801 824649839 539766173

277251988 269137539 275463298 310007735

67417174 66483263 66994476 61801421
19759410 19897498 21924040 24178845
364428572 355518300 364381814 395988001

124959527 302363501 460268025 143778172

78664634 81355061 40958113
124959527 381028135 541623086 184736285
136863721 132849232 172785150 399178652
8770000 10524000
261823248 522647367 724932236 583914937
0
261823248

13091162 26132368 36246612 29195747

248732086 496514999 688685624 554719190

120,000,000 193846394 177406661 -135517425

199321736 175869357 -140257353
-5475342 1537304 4739928
128732086 302668605 511278963 419201765

0.20132062084819 0.129294210967 0.21740391 0.11533144

1.32 1.61 1.96 1.19

0.08 0.07 0.08 0.05

0.26304703008317 0.460065325625 0.61999523 0.77663586
26.3047030083173 46.00653256253 61.9995226 77.6635858

0.50825119472307 0.7547176381 0.83512491 1.02770277

50.8251194723066 75.47176381005 83.5124912 102.770277

0.02 0.03 0.05 0.04

2.00 3.13 4.95 4.04
 2007 2008

cash flow from

operating activity
receipt from customer
and other 44619383465 51506742656 OPERATING ACTIVITIES :

paid to supplier,
contractor and
employee -44549704362 -50508327586 Profit/(Loss) before Income Tax
cash generated from
operation 69679103 998415070 Depreciation & Amortisation on operating fix
income tax paid -85522440 243916657 Income tax paid
net cash flow from
operating activity -15843337 754498413 Profit on sales of fixed assets
Profit/(Loss) before Income Tax
cash flow from
investing activity (Increase)/Decrease in :
purchase of property
plan and equipment -40083144 -35268964 Stocks
proceed from sales of
fixed asset 1121440 138815 Book debts
net cash used in
investing activity -38961704 -35130149 Advances and Deposits
Increase/(Decrease) in creditors
cash flows from
financing activities Inflow from operating activities
devidend paid 0 -11074358 INVESTING ACTIVITIES :
cash used in financing
acvities 0 -11074358 Addition of Fixed assets
net cash(out flow) /in
flow -54805041 708293906 Sales proceed of Fixed Assets
Investment to MJFL
Investment to MJLL
Out flow from investing activities
FINANCING ACTIVITIES :
Dividend Paid
Net Cash Inflow

Check
Cash and cash equivalents
Opening
Closing
 JAMUNA OIL COMPANY LIMITED
CASH FLOW STATEMENT
FOR THE YEAR ENDED 30TH JUNE, 006

2005 2006
TAKA TAKA

ING ACTIVITIES :

ss) before Income Tax 4586885 248732085

ion & Amortisation on operating fixed assets 19029700 19759410

(27,650,572) (31,701,641)

sales of fixed assets (307,396) (47,233)

ss) before Income Tax (4,341,383) 36,74 ,6 1

/Decrease in :

(1,300,732,275) 870697683

299248474 (54,625,820)

and Deposits 920240021 (1,949,499,347)

Decrease) in creditors 207175790 1,100,198,201

om operating activities 1 1,590,6 7 3513338

NG ACTIVITIES :

of Fixed assets (31,283,024) (34,727,618)

ceed of Fixed Assets 325879 71000

­ (200,000)
­ (200,000)
from investing activities (30,957,145) (35,056,618)
NG ACTIVITIES :
(62,500,000) ­
8,133,48 168,456,7 0
cash equivalents
(222,958,046) (251,091,528)
251091528 419548248
8,133,48 168,456,7 0