2 csP · 2019-10-30 · 2 csP lnterest income from leases,loans and advances lnterest expenses on...

2 csP

GSP FINANCE COMPANY (BANGLADESH) LIMITEDCONSOLIDATED BALANCE SHEET (Unaudited)

AS AT SEPTEMBER 30, 20,t9

PROPERTY AND ASSETSCash

ln hand (including foreign currencies)Balance with Bangladesh Bank and its agents bank(s)(including foreign currencies )

Balance with other banks and financial institutionsln BangladeshOutside Bangladesh

Money at call and short noticeInvestmentsGovernmentOthers

Leases , loans and advancesBills Purchased and discounted

Fixed assets including premises, furniture and fixtures

Other assets

Non-business assets

Total assets

LIABILITIES AND CAPITAL

LiabilitiesBorrowings from banks ,other financial institutions and agents:

Deposits and other accountsCurrent depositsBills payableSavings depositsTerm depositsBearer certificate of depositOther deposits

Other liabilitiesTotal Liabilities

Capital / Shareholders' EquityPaid up capitalStatutory reserveOther reserveRetained earnings

Total equity attributable to equity holders of the companyNon-controlling interestTotal shareholders' equityTotal liabilities and Shareholders' equity

29,346,635

,565

29,119,070

____gq2g,924,ggq_ __9,Ue!99e0_

2,123,072,837

3,113,838.775

a 114 oao a1EJ, I tJ,OJg!/ /J

1,723,996,530

1,292,213,780439,187,458916,689,624

191.1

2,951,282,057

472,983,369,3,12

___9d?9,04.99!_2,951,282,104

____9,91-2,199119_

GSP Finance Company (Bangladesh) Limitedl, Paribagh,MymensinghRoad,Dhakal000, Bangladesh, Phone+880 29674306,Fax+88029674194

[email protected], www.uspfinance.com

2,174,706,638

2 886,328 B1 1

1,881,620,119

1,292,213,780468,379,2559"16,689,624206.086,603

2,883,369,26250

--J.]e42"6ss866- 6,e6o.eo8J42

40,978,965

206 051

40,772,914

361.000.130 364.783.293

r=ffiryL,..-rdTl495,408,209 548.446.773ffi;]E,,^;I

7.840.191.148 7.875.000.741

r4q-rn1l1Froo:Tl963,991,905

136,086,853

966,37,,l,853

1 16,608,621

.

22.31

2 csPt FI.\-.\N('E _

OFF.BALANCE SHEET ITEMS :

Gontingent liabilitiesAcceptances and endorsements

Letter of guarantee

lrrevocable letter of credit

Bills for collection

Other contingent liabilities

Other commitments

sd/-

Chief Financial Officer (C.C)

sd/-

Director

Undrawn formal standby facilities, credit lines and other commitments

Others

Total off-balance sheet items including contingent Iiabilities

Net assets value (NAV) per share

GSP Finance Company (Bangladesh) Limitedr' Paribagh' Mvmensingh -"*,3aiiil,l3kilii]li,,TL;;'?:#J.t"tl2e674306' Fax +BB0 2e6741e4

sd/-Managing Director & CEO

sd/-Company Secretary

sd/-

Dircetor

2 csP

lnterest income from leases,loans and advanceslnterest expenses on borrowings, deposits,etcNet interest income

lnvestment incomeCommission , exchange and brokerageOther operating incomeTotal operating income

Salary and allowancesRent, taxes,insurance,electricity,etc.Legal expensesPostage,stamp.telecommunication,etc.Stationery,printing,advertisements,etc.Managing Director's salary and allowancesDirectors'feesAudit feesDepreciation and repairs of company's assetsOther operating expensesTotal operating expensesProfit before provision

Provision for leases,loans and advancesOther provisionTotal provision

Total profit before income tax

Provision for income taxNet profit after income tax

Attributable to:Shareholders of the companyNon-controlling interest

GSP Finance Company (Bangladesh) Limitedr' Paribagh' Mvmensingh -"*33ii3l,l3k"1liflli,,",i*;,,??,::J.:? 2e674306' Fax +880 2e6741e4

GSP FINANCE COMPANY (BANGLADESH) LIMITEDCONSOLIDATED PROFIT AND LOSS ACCOUNT (Unaudited)

FOR THE PERIOD ENDED SEPTEMBER 30,2019

430,842,880

526,076,528

l- ,11iffi,24s11-- s4t64?s?5-l a----- zer,6-77,l=l t 263333"01e II tago sss.srztll tqrz.so+.ogsrl | (az.taz sgotll (rzs.soe,soztl

380,927,432

42,508,5484,725 ,467

25,600,764453,762,211

127,495,174 137,523,512

39,885,7341,255,140

114,000454,571

1,447,8127,492,740

456,000163,875

4,7 54,49811,938,04767,962,417 65,862,173 23,586,206 22,810,202

385,799,793 460,214,355 121,007,2s2 't40,310,353

l--rica3r?6?--l t 168f4r sml

119,935,767 168,841,836

265^864p26 291,3?2,519

27 ,441 ,714

27,441,714

35,377,0_12

35,377,012

15,414,128576,588

74,000400,394483,1 1 I

1,750,00072,00054,625

1,409,1313,352,221

13,573,952579,54490,000

282,954412,215

1,720,412192,000

54,6251,907,8833,996,618

93,565,538 1 04,933,341

101,178,338 110,112,672 35,690,084 39,322,259

______1q,qE 9 _ ___l.qu!g.Eg_ ________ 57_,87.s,!!!___-_____g!.91-Lgg3_

1 64,685,6853

1 81 ,259,8452.82

57,875,4s31

65,611,0820.98

164"685$88 181 159"848 57,875,454 65,611,083

f---'-E7s 1j s71T-J2 se7 r 5e II zrz.sga qao

| | z+s aao,aao I

sd/-Chief Financial Officer (C.C)



sd/-D irector

Retained earnings brought forward from previous year 303, 1 91 ,'l 95 297 ,314,132 1 58,756,459 146,242,385467,876,880 478,573,980

Appropriations:Statutory reserveDividend paid for the year 20'18

Retained earnings carried to the balance sheet

Earning per share

216,631,912

10,545,309

261,790,278 278,483,989 10,545,309 11,763,477

*_____299!9q$g_ _______?!9,0!!f!9_ ______?9!,0!9.99!_ _______2q9,0!e,9.99_

1.27 1.40 0.45 0.51

211,853,468

11 ,7 63 ,4_7 7

sd/-Director

1 ,183,628182,000532,305

1,469,9964,954,661

768,000163,875

5,722,186

2 csPGSP FINANCE COMPANY (BANGLADESH ) LIMITED

CONSOLIDATED CASH FLOW STATEMENT (Unaudited)FOR THE PERIOD ENDED SEPTEMBER 30, 2019

Cash flows from operating activities:lnterest receipt in cashlnterest paymentDividend receiptsCommission , exchange and brokerageRecoveries of loan previously written-offlncome taxes paid

Receipts from other operating activitiesPayments for other operating activitiesCash generated from operating activities beforechanges in operating assets and liabilitieslncrease / decrease rn operating assets and lrabilitiesStatutory depositTrading securitiesLeases, loans and advancesOther assetsDeposit and other accountsOther liabilities on account of customersTrading liabilitiesOther liabilities

Net cash flow from operating activities

Cash flows from investing activities:Proceeds from sale of securities

Payments for purchases of securities

Purchase of fixed assets

Proceeds from sale of fixed assets

Payment against lease obligation

Net cash from investing activities

Cash flows from financing activities:Receipts of borrowings from banks, other financialinstitutions and agentsRepayment of borrowings from banks, other financialinstitutions and agentsReceipts against issue of share capital (lPO)Receipts against Share Premium (lPO)Dividend paid in cashNet cash from financing activities

Net increase / (decrease) in cash and cash equivalentsEffects of exchange rate changes on cash and cash equivalentsCash and cash equivalents at beginning of the periodCash and cash equivalents at the end of the period

Cash and cash equivalents at the end of the periodcash in hand (including foreign currencies)Balance with Bangladesh Bank and its agent bank(s)(including foreign currencies)Balance with banks and other financial institutionsMoney at call and short notice

Net Operating Cash Flow per share

828,798,540(398,078,874)

9,574,4366,653,854

(25,353,364)77,177,851

353,741 227 438,375,642

34,809,59330,076,225

(227,509,964)

t o,z5 I

(238,8s6,055)114,885,173

139,784,773

(86,746,209)

(2,374,550)

50,664,014

491 ,060,346(39,014,558)

(429,302,173)

172,150,7 41tlaa an7 1)A\

288,968,516

11,322,581(157,313,842)

(108,891)

(146,1 00,1 52)

444,134,37 4

(392,500 573)

232,598,480(180,964,679)

621 ,877,165

(436,726,634

1 85,1 s0,531

t---rrrrryq rru.0E05]I oou:az.zua ll zuo,uto.rro I

29,119,O70361 ,000,130




sd/-Director

sd/-Director

GSP Finance Company (Bangladesh) Limited1' Paribagh' Mvmensingh -"*33ii3i,l3ki:ifi]1i,,",ii,;;'1?H"..t"tt" 2e674306' Fax +880 2e6741e4

741,550,111(384,278,296)

18,497,0374,725,467

(1 1 ,938,61 1)

48,229,5644,044

38,263,267544,036,553

2.24

2 csP

GSP FTNANCE COMPANY (BANGLADESH) LTMtTEDCONSOLIDATED STATEMENT OF CHANGES lN EQUIw (Unaudited)

FOR THE PERIOD ENDED SEPTEMBER 30, 2019

Particulars

Attributable to equitv holders of the Companv Non-controlling

interest (Tk.)Total equity (Tk.Paid up capital

(rk.)Capital

Reserve(Tk.)

StatutoryReserve(Tk.)

RetainedEarnings (Tk.)

Balance as at January 01, 2018Share Transferred during the periodDividend paid for the year 2017Net profit for the 3rd quarter ended 2018Transferred to statutory reserve

1,046,326,9s0

245,886,830

91 6,689,624 297,314,132

(24s,886,830)181,259,845(32,597,1 591

3

2,640,782,4_55

181,259,848

Balance as at 30 September, 2018Chanoes in accountinq oolicv

1,292,2',13,7-80 91 6,689,624 200,089,990 2,822,042,3_O3

Restated balance as at 30 Sep. 2018 1,292,213,780 91 4 200,089,990 48 2.822.042.303Balance as at January 01 , 201 9

Share Transferred during the periodDividend paid for the year 2O1B

Net proflt for the 3rd quarter ended 201 9

Transferred to statutory reserve

1,292,213,78Q 439,1 67,45E

29,191,797

303,1 91,1 95

(232,598,480)164,685,685(29,191,797)

3

2,951,282,104

(232,598,4801164,685,688

Balance as at 30 September. 2019 '.4 468,379.255 206,086.603 50 2.883.369,312



sd/-l\4anaging Director & CEO

sd/-Director

sd/-Director

GSP Finance Company (Bangladesh) Limitedr' Paribagh'Mvmensingh-"*33:I;l,l3kilif]ii,,",il;;,1?'HJ.t"t:2e674306'Fax+8802e6741e4

380,451,704

32.597.159413,048,863

91t"tru9,tr24

-l#ry GSPq& trI-\.\N( E

PROPERTY AND ASSETSCash

ln hand (including foreign currencies)Balance with Bangladesh Bank and its agents bank(s)(including foreign currencies )

Balance with other banks and financial institutionsln BangladeshOutside Bangladesh

Money at call and short noticelnvestmentsGovernmentOthers

Leases , Ioans and advancesBills Purchased and discounted

Fixed assets including premises, furniture and fixtures

Other assets

Non-business assets

Total assets

LIABILITIES AND CAPITAL

LiabilitiesBorrowings from banks ,other financial institutions and agents:

Deposits and other accountsCurrent depositsBills payableSavings depositsTerm depositsBearer certificate of depositOther depositsOther liabilitiesTotal Liabilities

Capital / Shareholders' EquityPaid up capitalStatutory reserveOther reserveRetained earnings

Total liabilities and Shareholders' equity ___3,41!,048,162 9,591,342,540

GSP Finance Company (Bangladesh) Limitedr' Paribagh' Mvmensingh -"*33ii3l,l3ki:ifl1i,,",i*;'1?HJ.t"t:2e674306' Fax +BB0 2e6741e4

__g444J4gJ_qL e.5e1,342.540

2,174,706,638 2,123,072,837

886,328,811

2,886,328,811

1,584,327,328 1,469,,106,049

6,706"017"6616,645,362.777

1,292,213,780468,379,255916 689,624121

GSP FTNANCE COMPANY (BANGLADESH) LIM|TEDBALANCE SHEET (Unaudited)AS AT SEPTEMBER 30, 2019

29,264,261

145,191

29,119,070

40,949,690

176,776

40,772,914

960,552,071

365,550,895

I 111 Qla 118J, I tJjUJU!/ lJ

2,885,324,8791,292,213,780

439,187,458916,689,624237,234,017

1',l

359.',180.172 363.244.486[*,.ry|re456.929.753 507.040.024Glm

7.254.754.245 7.354.005.374wre959,056,621

384,863,1 10

OFF.BALANCE SHEET ITEMS :

Gontingent liabilitiesAcceptances and endorsements

Letter of guarantee

lrrevocable letter of credit

Bills for collection

Other contingent liabilities



sd/-

Chief Financial Officer (C.C)

sd/-

Director

Other commitmentsDocumentary credits and short term trade and related transactions

Forward assets purchased and forward deposits placed

Undrawn note issuance and revolving underwriting facilities

Undrawn formal standby facilities, credit lines and other commitments

Others

Total off-balance sheet items including contingent liabilities

21.66 22.33

21.66 22.33

sd/-Managing Director & CEO (C C )

GSP Finance Company (Bangladesh) Limitedl, Paribagh,MymensinghRoad,Dhakal000, Bansladesh, Phone+880 29674306,Fax+88029674194

[email protected], www.gspfinance.com

sd/-

Company Secretary

sd/-

Director

(ffiGSP FINANCE COMPANY (BANGLADESH) LIMITED

PROFIT AND LOSS ACCOUNT (Unaudited)FOR THE PERIOD ENDED SEPTEMBER 30, 2019

lnterest rncome from leases,loans and advanceslnterest expenses on borrowings, deposits,etcNet interest income

lnvestment incomeCommission , exchange and brokerageOther operating incomeTotal operating income

Salary and allowancesRent, taxes,insurance,electricity,etc.Legal expensesPostage,stamp,telecommunication,etc.Stationery,printing,advertisements,etc.Managing Directois salary and allowancesDirectors'feesAudit feesDepreciation and repairs of company's assetsOther operating expensesTotal operating expensesProfit before provision

Provision for leases.loans and advancesOther provisionTotal provision

Total profit before income tax

Provision for income taxNet profit after income tax

Retained earnings brought fonruard from previous year

Appropriations:Statutory reserveDividend paid for the year 2018

Retained earnings carried to the balance sheet

Earning per share



59,989,791 59,347,948 21,680,012324,089,502 382,828,121 103,355,462

715,711,805396,855,817)31 8,855,988

771 ,541 ,5581

358,736,863

39,626,042

)R qoa )

384,079,294

14,632,585

68,806,;21442,176,069

36,288,9761,161,387

1 1 0,000450,991

1,421,4245,050,000

304,000146,625

3,845,20011 .211 ,188

89,1 28,691

89,'t 28,691

33,606,9451,170,128

182,000

1,440,7494,954,661

520,000146,625

5,038,1 21

11,763,000

125,035,475

18,968,667

1 8,968,667

't24,202,426

20,71 6,905103,485,521

9,422,096

9,422,096

1 20 694,085

1 20,694,08s

234,960,8't 1

89,001,825

_____115,999&-q_

237,234,017383,1 93,003

29,191,79780

262,134,036 84,386,795

31,660,248

94,063,425

35,246,04199,148.2411 62,985,796 52,726,547 58,8'17,385

248,177,8294',t1,163,625

32,597,1 59245,886,830

79,221,488 85,625,7281 31,948,035 144,443,113

10.545 309 ll 11763.477

261,790,278 278,483,989 10,545,309 11,763,477

't21,402,726 1 32,679,635 121,402,726 1 32,679,635

1.13 1.26 o.41 0.46

sd/-Managing Director & CEO (C.C.)

sdl-Director

sd/-Dlrector

GSP Finance Company (Bangladesh) Limited

1, paribagh, Mymensingh -."*,38?lll,llkllifi]1i,,:i,*;,[?,::J..":.: 2e674306, Fax +BB0 2e6741e4

12,039,790566,044

90,000277,849402,798

1,720,412144,00048,875

1,679,376

14,166,277482,835

74,000397,1 94477,094

1,750,00056,00048,875

1,101,630

(ffi


GSP FINANCE GOMPANY (BANGLADESH ) L|M|TEDCASH FLOW STATEMENT (Unaudited)

FOR THE PERIOD ENDED SEPTEMBER 30,2019

Cash flows from operating activities:lnterest receipt in cashlnterest paymentDividend receiptsCommission , exchange and brokerageRecoveries of loan previously written-offlncome taxes paid

Receipts from other operating activitiesPayments for other operating activitlesCash generated from operating activities beforechanges in operating assets and liabilities

lncrease / decrease in operating assets and liabilitiesStatutory depositTrading securitiesLeases, loans and advancesOther assetsDeposit and other accountsOther liabilities on account of customersTrading liabilitiesOther liabilities

Net cash flow from operating activities

Cash flows from investing activities:Proceeds from sale of securities

Payments for purchases of securities

Purchase of fixed assets

Proceeds from sale of fixed assets

Payment against lease obligation

Net cash from investing activities

Cash flows from financing activities:Receipts of borrowings from banks, other financialinstitutions and agentsRepayment of borrowings from banks, other financialinstitutions and agentsReceipts against issue of share capital (lPO)Receipts against Share Premium (lPO)Dividend paid in cashNet cash from financing activities

Net increase / (decrease) in cash and cash equivalentsEffects of exchange rate changes on cash and cash equivalentsCash and cash equivalents at beginning of the periodGash and cash equivalents at the end of the period

Cash and cash equivalents at the end of the periodcash in hand (including foreign currencies)Balance with Bangladesh Bank and its agent bank(s)(including foreign currencies)Balance with banks and other financial institutionsMoney at call and short notice


7 59,414,030(398,078,874)

8,686,1_72

(25,118,233)72,925,527

595

301,903,200 363,232,724

99,251 ,12919,443,434

(227,509,964)

,633,38(184,448,784)117,454,416

137,296,203(87,1 85,932)

(2,349,750)

47,760,521

552,599,847(39,589,856)

(429,302,173)

166,252,587(82,544,769)

280,687,955

9,106,065

(152,927,832)

(61 401)

(143,883,1 68)

444,134,374

(392 500,573)

232,598,480(180,964,679)

621 ,877,165

(436,726,6-34)

1 85,1 50,531

15,749,742)

404,1s4.i75

1 ,955,318

251.638,;65

2.17


sd/-I\,,lanaging Director & CEO (C.C.)

sd/-Director

sd1-Director

GSP Finance Company (Bangladesh) Limited1' Paribagh'Mvmensingh-"'*,33:|3],131;ff:f]1i,,i,ii;;'i?,HJ.t"?2e674306'Fax+8802e6741e4

689,990,388(384,278,

17,696,755

(11,756,746,249,050

997

29,119,070359,1 80,1 72

38,263,267535,092,016

0.91

Jry GSP%

FIN'\\cE.

GSP FINANCE COMPANY (BANGLADESH) LlMlrEDSTATEMENT OF CHANGES lN EQUITY (Unaudited)

FOR THE PERIOD ENDED SEPTEMBER 30, 2019

ParticularsPaid up capital

(rk.)Capital

Reserve(Tk.)

StatutoryReserve(Tk.)

RetainedEarnings (Tk.)

Total (Tk.)

Balance as at January 01, 2018

Dividend paid for the year 2017

Net profit for the 3rd quarter ended 2018

Transferred to statutory reserve

1,046,326,950245,886,830

916,689,624 380,451,7_04

32,597,159

248,177,829(245,886,830)

162,985,796(32,597,1 59)

2,591,646,107

162,985,796

Balance as at 30 September, 2018Chanqes in accounting policy

1,292,2',13,7_80 132,679,635 2,754,631,9_03

Restated balance as at 30 SeP.2018 1,292,213,780 916.689.( 413,048,863 132,679,635 2,754,631,903

Balance as at January 01, 2019Dividend paid for the year 2018Net profit for the 3rd quarter ended 2019Transferred to statutory reserve

1,292,2',13,780 439,187,458

29,191,797

237,234,017(232,598,480)145,958,986(29,191,797)

2,885,324,879(232,598,480)145,958,986

Balance as at 30 September, 2019 1.292,213,780 916,689,624 468,379,255 121,402,726 2,798,685,384


sd/- sd/-Company Secretary Managing Director & CEO (C.C.)

sd/- sd/-Director Director

r, pariba-,h,*y*"n,ingn?:::Jx[:.ffT:lH"E;::A*"i*'\","u1o,ouFax+BB0 2e6741s4


916,689,524 41 3,048,U63

916,689,624

GSP FTNANCE COMpANy (BANGLADESH) LtM|TEDSelected explanatory notes to the Consolidated Financial Statements (Unaudited) as at and forthe half year ended 30 September 201 9

Composition of Shareholders' Equity as

Basis of AccountingThese Financial Statements have been prepared under historical cost convention following accrualbasis of accounting and in compliance with the requirements of Companies Act 1994, BangladeshAccounting Standards (BASs), Bangladesh Financial Reporting Standards (BFRSs) and Financiallnstitution Act 1993

Basis of consolidation of operation of subsidiaryThe consolidation of the financial statements have been made after eliminating all material lntra grouptransactions. The total profits of the Company and its subsidiaries are shown in the consolidated profitand loss account, with the proportion of profit after taxation pertaining to minority shareholders beingdeducted as'non-controlling interest'.

Earning Per Share (EPS)Earnings per share has been calculated based on number of shares outstanding for the period ended 30 September, 2019and net profit after tax for the same period. The number of shares outstanding for the period was 129,221,378. Earningsper share for the preceding 3rd quarter of 2018 has also been calculated based on 129,221,378 shares.

Particulars

Paid up capital

Share premium

preference share

Statutory reserve

Other reserve/Assets revaiution reserve

Retained earnings

Non-controlling interestTotal shareholders' equity

Taka

1,292,213,780

468,379,255916,689,624206.086,603

50

_2nq3iEgJ1?_

GSP Finance Company (Bangladesh) Limitedr' Paribagh'Mvmensingh-'"*33ilil,l3k"1lifr]li,,Ti,;;,i?,::i:'..o"2e674306'Fax+8802e6741e4

129,221 ,378

2 csP

Date of issue & other information:

DateTypes of Paid up

CapitalNo. of Shares Face Value Per Share Taka

01 -1 0-1 995 Promoter Share 22,505 100 2,250,50029-1 1 -1 995 Allotment 25,000 100 2,500,000I 5-06-1 996 Allotment 1 ,429,177 100 142,917,70026-02-1997 Allotment 23,318 100 2,331,80006-07-2000 Allotment 100,000 100 10,000.00015-02-2001 Allotment 100.000 100 10,000,00023-04-2006 Bonus @ 10% 170.000 100 17,000,00026-04-2008 Bonus @ 10% 187,000 100 18,700,00012-04-2009 Bonus @ 5% 102,850 100 10,285,000

Before Split 2.1s9.850 215,985,000

After Split 21.598.s00 10 215,985,00015-02-2011 Bonus @ 28% 6,047,580 10 60,475,80002-04-2012 tPo 20,000,000 10 200,000,00013-05-2012 Bonus @ 10% 4,764,608 10 47,646,08008-06-20 1 3 Bonus @ 15% 7,861,603 10 78,616,03020-02-2014 Bonus @ 12% 7,232,675 10 72.326.74023-02-2015 Bonus @ 55% 37,127,730 10 371,277,3001 4-03-201 I Bonus @ 23.50% 24,588,682 10 245,886,830

Total 129,221,378 1,292,213,780

Net Asset Value per share (NAV):

Total Shareholders' equityNumber of shares outstandingNAV per share

Earnings per share (EPS):

Net profit afler taxNumber of shares outstandingEPS per share


Net cash flow from operating activitiesNumber of shares outstandingNOCFPS

Provision for income tax:

Current tax expensesDeferred tax expensesTotal:

IM| 30-Sep-19 | | 31 Dec.2018 |

2,883,369,312 2,951,282,104129,221 ,378 129,221 ,378

22.31 22.84

| 30-Sep-1s I | 30-Sep-18 |

164,685,688 181 ,259,848129,221 ,378 129,221 ,378

1.27 1.40

l 30-Sep-19 | | 30-Sep-18 |

114,885,173 288,968,516129,221 ,378 129,221 ,378

0.89 2.24

99,699,0101,479,328

____191419t99_

109,264,694847,978

r10,Ltz,672

GSP Finance Company (Bangladesh) Limited1' Paribagh' Mvmensingh -"*33?i3l,l3kilifi]li,,",il;;,i'#J.t"tl2e674306' Fax +880 2e6741e4

10

11

Jry esPEG FI\ \\' E '

13 Reconciliation of Operating Activities of Cash Flows:

Net Profit After TaxDepreciationProvision for lease and loansProvision for taxationlncrease in lease and loansIncome tax paidlncrease in deposit and other accountslncrease in other liabilitieslncrease in other assetsCash flows from operating activities

sd/-Chief Financial Officer (C.C;

164,685,688 181,259,848


er/Director

sd/-Director

,364),1 73)

150,741)

GSP Finance Company (Bangladesh) Limitedl, Paribagh, Mymensingh Road, Dhaka1000, Bangladesh, Phone +880 2 9674306, Fax +BB0 29674194



2 csP · 2019-10-30 · 2 csP lnterest income from leases,loans and advances lnterest expenses on...

Documents

Transcript of 2 csP · 2019-10-30 · 2 csP lnterest income from leases,loans and advances lnterest expenses on...