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LATTER OF TRANSMITTEL

10thSeptember, 2014

MD. Tapan Mahmud

Lecturer (Guest Faculty)

ASA University Bangladesh

Subject:Submission of Term paper.

Dear Sir,

It is an enormous pleasure to submit my term paper titled Analyzing Annual Report of

Square Pharmaceuticals Limited 2013-2014which was assigned by you as a partial

requirement of the Term paper work Program- a prerequisite for the completion of financial

analysis course.

I would like to convey my gratitude to you and thank you for giving me the opportunity to

work on this topic under your thoughtful coordination. Utmost care and concentration has

been given in preparation of this paper. I have tried my best to present information that is

valid and reliable so that the findings are as accurate as possible. Due to various constrains,

there may be some mistakes for which I beg your kind apology.

Finally I shall be glad to answer your any kind of query related to this term paper, ifnecessary.

Sincerely yours,

Md. Rasel Sarder

ID No: 14-1-14-0079

ASA University Bangladesh

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Acknowledgement

It gives me immense pleasure to acknowledge the names, which had helped me in successful

completion of this Term paper. First of all I would take the opportunity to thank the

Almighty Allah for granting me all the strength I needed. Generous thanks to my Term paper

supervisor MD. Tapan Mahmud, Lecturer (Guest Faculty), ASA University Bangladesh

without his guidance and support this Term paper would not have been possible. I am

thankful to him for his constant constructive criticism and invaluable suggestions, which

benefited me a lot while developing the Term paper on Analyzing Annual Report of

Square Pharmaceuticals Limited 2013-2014. He has been a constant source of inspiration

and motivation for hard work. He has been very co-operative throughout this Term paper

work. Through this column, it would be my utmost pleasure to express my warm thanks to

him for his encouragement, co-operation and consent without which we might not have been

able to accomplish this Term paper.

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Executive Summary

Square Pharmaceutical Limited Bangladesh is one of the leading pharmaceuticals in

Bangladesh. Its journey to the growth and prosperity has been no bed of roses. From the

inception in 1958, it has today burgeoned into one of the top line conglomerates in

Bangladesh. Square Pharmaceuticals Ltd., the flagship company, is holding the strong

leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on

its way to becoming a high performance global player. In this report, we have tried to focus

on the financial performance of the company during the fiscal year of 2006-2010. We have

used financial ratios to determine its performance in short term and long term period. The

firm had a strong financial backbone as it uses less debt for investment, uses its asset

efficiently for producing goods. Sales had increases on regular basis over past the years. In

one word based on our analysis this firm can be an example in certain financial segment for

other company. Though, the firm pays fewer cash dividends than past fiscal years, which

might be disliked by investors. But it must be added that the company had been increasing

its the number of outstanding share regularly and also provide bonus share to its

shareholder. The companys fiscal year is based on April to March. And regularly hold

annual general meeting and publishes financial report both annually, half yearly and

quarterly.

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REFERENCE

Weygandt JJ, KiesoDE, Kimmel PD 2008. Accounting Principles. 8th edition. John

Wiley & Sons, Inc. p 778-802.

Van Horne JC, Wachowicz JR. JM 2006. Fundamentals of Financial Management.

12th edition. FT Prentice Hall. p 125-128.

Annual Reports of Square Pharmaceuticals Ltd. 2013-2014

http://www.accountingformanagement.com/accounting_ratios.htm

http://www.articlesbase.com/accounting-articles/analysis-of-financial-

statementsselective-tools-1284945.html

R.K. SHARMA and SHASHI K. GUPTA, Management Accounting and Business

Finance, Kalyani Publishers.

I.M. PANDEY, Financial Management, Vikas Publishing house private limited,

New Delhi, 2006

http://www.accountingformanagement.com/accounting_ratios.htmhttp://www.accountingformanagement.com/accounting_ratios.htm