ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr....

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ANNUAL REPORT AND ACCOUNTS For e Year Ended 30 th June, 2018 IMAM BUTTON INDUSTRIES LIMITED (An Enterprise of Imam Group) Bhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

Transcript of ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr....

Page 1: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

ANNUAL REPORT AND ACCOUNTSFor The Year Ended 30th June, 2018

IMAM BUTTON INDUSTRIES LIMITED(An Enterprise of Imam Group)

Bhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

Page 2: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

Photograph of 23rd AGM 2017

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Letter of Transmittal 04Corporate Directory 05Notice of the 24th Annual General Meeting 06Financial Highlights 07Directors Report to the Share Holders 08-12Report of the Audit Committee 13Statement of CEO & CFO on Financial Statement 14Membership Certificate From BAPLC 15Certificate of Compliance of Condition of Corporate Governance 16Status of BSEC Compliance 17-24Auditor’s Report 25Statement of Financial Position 26Statement of Profit or Loss & Other Comprehensive Income 27Statement of Changes in Equity 28Cash Flow Statement 29Notes of Financial Statement 30-43Proxy Form & Attendance Slip

Contents

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

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LETTER OF TRANSMITTAL

To,All Valued ShareholdersBangladesh Securities & Exchange Commission (BSEC)Dhaka Stock Exchange LimitedChittagong Stock Exchange LimitedCentral Depository Bangladesh Limited (CDBL)Bangladesh Association of Publicly Listed Companies (BAPLC)Register of Joint Stock Companies & Firms of Bangladesh

Sub: Annual Report for the Year ended 30 June, 2018

Dear Sir (s),

We are pleased to enclose a copy of the annual report together with the Audited Financial Statement including Statement of Financial Position as at 30 June, 2018 Statement of Profit or Loss & Others Comprehensive Income, Statement of Changes in Equity and Statement of Cash Flows for the year ended 30 June, 2018 along with notes there on, Auditors’ and Directors’ Report for your record/necessary measures.

Your’s Sincerely,

Sd/-Md. Mohiuddin Miah(Company Secretary)

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

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BOARD OF DIRECTORSCHAIRPERSONMrs. Jebunnessa Akter

MANAGING DIRECTORMr. Mohammad Ali

DIRECTOR’SMr. Lokman ChowdhuryMrs. Hamida BegumMr. Abu Bakkar Siddik

COMPANY SECRETARYMd. Mohiuddin MiahM.Com

AUDIT COMMITTEECHAIRMAN:Mr. Abu Bakkar SiddikMEMBERS :Mr. Lokman ChowdhuryMrs. Hamida BegumMd. Mohiuddin Miah

AUDITORSMalek Siddiqui WaliCHARTERED ACCOUNTANTSPartners : Md. Waliullah, FCAMr. Swadesh Ranjan Saha, FCAMd. Habibur Rahman Sarker, FCAMr. Anjan Mallik, FCA9-G, Motijheel C/A, Dhaka-1000, Bangladesh

LEGAL ADVISERMd. Sirajul IslamIncome Tax Advisor

REGISTERED OFFICEFahim Mansion (5th Floor)10, Anderkilla, Chittagong.

CORPORATE OFFICEBhuiyan Mansion (6th Floor)6, Motijheel C/A,Dhaka-1000.

FACTORY49/A, Sagorika Road, (Alongkar More)Fouzdarhat Heavy Industrial Area,Pahartoli, Chittagong

Corporate Directory

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

Page 6: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

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IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

NOTICE OF THE 24th ANNUAL GENERAL MEETINGNotice is hereby given that the 24th Annual General Meeting of the Shareholders of IMAM BUTTON INDUSTRIES LIMITED will be held on Saturday, The 15th December, 2018 at 10.00 A.M at Factory Premises, 49/A, Fouzdarhat Heavy Industrial Area, Pahartoli, Chittagong to transact the following Business.

AGENDA1. To receive, consider and adopt the Audited Accounts as at 30th June, 2018 and reports of

Auditors and Directors there on.

2. To elect Directors.

3. To appoint BSEC Listed Panel Auditors for the year 2018-2019 and fixation of their remuneration.

4. To transact any other business with the Permission of the Chair.

By Order of the Board Dated : Dhaka October 28, 2018

(MD. MOHIUDDIN MIAH)Company Secretary

NOTEA. The record date of the Company will be on November 22, 2018. The shareholder whose name

will appear in the Depository/Share Register on the Record date will be eligible to attend the Annual General Meeting.

B. A member is eligible to attend the General Meeting is entitled to appoint a proxy to attend on his/her behalf.

C. Forms of Proxy, duly completed and stamped must be deposited at company’s corporate office Bhuiyan mansion (6th floor) 6, Motijheel C/A, Dhaka-1000 in share Department at least 48 hours before the time appointed for the meeting and in default it will not be treated as valid.

D. Admission into the meeting venue will be strictly on produce of the attendance slip sent with annual report.

E. No food, conveyance or gift will be served in the meeting in compliance of Bangladesh securities and Exchange Commission Notification # SEC/SRMI/2000-953/1950 dated October 24, 2000 and subsequent circular # BSEC/CMRRCD/2009/193/154 Dated October 24, 2013.

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IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

FINANCIAL HIGHLIGHTS

FINANCIAL HIGHLIGHTS : 2014-2018(as on June 30)

Particulars 2018 2017 2016 2015 2014

Authorised Capital 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000

Issued and paid up capital 77,000,000 77,000,000 77,000,000 77,000,000 77,000,000

Sales Revenue 47,829,579 52,673,145 43,470,547 36,406,886 41,269,489

Gross Profit 3,888,462 3,892,994 (837,535) (5,991,228) (6,539,352)

Pre-tax Profit/loss (3,432,289) (2,906,357) (7,473,265) (12,632,537) (13,898,642)

Net Profit/(Loss) after Tax (3,109,312) (2,890,020) (6,909,130) (12,632,537) (13,898,642)

Fixed Assets 72,783,176 80,250,512 76,962,797 84,729,945 91,086,136

Current Assets 14,575,884 14,199,760 16,241,157 18,151,562 23,289,871

Current Liabilities 30,483,044 31,188,359 22,738,770 17,706,617 40,921,947

Net Current Assets (15,907,160) (16,988,599) (6,497,613) 444,945 (17,632,076)

Dividend Nil Nil Nil Nil Nil

Dividend Tk. Per share Nil Nil Nil Nil Nil

Earning per share Taka (0.40) (0.38) (0.90) (1.64) (1.80)

Net Assets Value per Share Taka 5.81 6.22 6.59 9.31 7.55

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9ANNUAL REPORT & ACCOUNTS

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10 ANNUAL REPORT & ACCOUNTS

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‡gvU 6,57,000 1,80,907

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11ANNUAL REPORT & ACCOUNTS

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12 ANNUAL REPORT & ACCOUNTS

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13ANNUAL REPORT & ACCOUNTS

AUDIT COMMITTEE REPORTFOR THE YEAR ENDED 30 JUNE, 2018

The Audit Committee of Imam Button Industries Ltd. Comprises of the following persons :Mr. Abu Bakkar Siddik Independent Director ChairmanMr. Lokman Chowdhury Director Member Mrs. Hamida Begum Director Member Md. Mohiuddin Miah Member Secretary Member Secretary

The Audit Committee met four times during the year. All the members were present in all the meetings of the committee.

The scope of Audit Committee was defined as under :As provided in clause 5 (6) of the BSEC Notification dated June 3, 2018Activities during the year ended 30 June, 2018 ;

a. Review and recommend to the Board to approve the quarterly, (1st, 2nd, 3rd) and annual financial statements prepared for statutory purpose;

b. Monitor and oversee choice of accounting policies and principles, internal control risk management process, auditing matter, hiring and performance of external auditors;

c. Review statement of significant related party transactions submitted by the management;d. Carry on a supervising role to safeguard the system of governance and independence of

statutory auditors; and e. Review and consider the report of internal auditors and statutory auditors observations on

internal control.

Activities carried out during the year :The committee reviewed the integrity to the quarterly, (1st, 2nd, 3rd) and annual financial statements and recommended to the Board of consideration. The Committee had overseen, reviewed and approved the procedure and task to the internal audit, financial report preparation and the external audit reports. The committee found adequate arrangements to present a true and fair view of the activities and the financial status of the company and didn’t find any material deviation, discrepancies or any adverse finding/observation in the areas of reporting.

Sd/-Abu Bakkar SiddikChairmanAudit CommitteeDate : 25 October, 2018

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

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14 ANNUAL REPORT & ACCOUNTS

CEO & CFO’s Declaration to the Board of Directors

The Board of DirectorsImam Button Industries Ltd.Bhuiyan Mansion (6th Floor)6, Motijheel C/A, Dhaka-1000.

Subject: Declaration on Financial Statements for the year ended on 2017-2018

Dear Sirs,Pursuant to the condition No. 1(5)(xxvi) imposed vide the Commission’s Notification No. BSEC/CMRRCD/2006-158/207/Admin/80 dated June 3, 2018 under section 2CC of the Securities and Exchange Ordinance, 1969, we do hereby declare that:

(1) The Financial Statements of Imam Button Industries Limited for the year ended on 2017-2018 have been prepared in compliance with International Accounting Standards (IAS) or International Financial Reporting Standards (IFRS), as applicable in the Bangladesh and any departure there from has been adequately disclosed;

(2) The estimates and judgments related to the financial statements were made on a prudent and reasonable basis, in order for the financial statements to reveal a true and fair view;

(3) The form and substance of transactions and the Company’s state of affairs have been reasonably and fairly presented in its financial statements;

(4) To ensure above, the Company has taken proper and adequate care in installing a system of internal control and maintenance of accounting records;

(5) Our internal auditors have conducted periodic audits to provide reasonable assurance that the established policies and procedures of the Company were consistently followed; and

(6) The management’s use of the going concern basis of accounting in preparing the financial statements is appropriate and there exists no material uncertainty related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern.

In this regard, we also certify that:- (i) We have reviewed the financial statements for the year ended on 2017-2018 and that to the best of our

knowledge and belief: (a) these statements do not contain any materially untrue statement or omit any material fact or contain

statements that might be misleading; (b) these statements collectively present true and fair view of the Company’s affairs and are in compliance

with existing accounting standards and applicable laws. (ii) There are, to the best of knowledge and belief, no transactions entered into by the Company during the year

which are fraudulent, illegal or in violation of the code of conduct for the company’s Board of Directors or its members.

Sd/- Sd/- Mohammad Ali Samar Ranjan Lodh(Managing Director & CEO) (Chief Financial Officer)Imam Button Industries Ltd. Imam Button Industries Ltd.

Dated : 25 October, 2018

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6th Floor) 6, Motijheel C/A, Dhaka-1000.

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15ANNUAL REPORT & ACCOUNTS

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16 ANNUAL REPORT & ACCOUNTS

Ref. No: SB/615/2018 Date: November 22, 2018

Report to the Shareholders of Imam Button Industries Limited on compliance on the Corporate Governance Code

We have examined the compliance status to the Corporate Governance Code by Imam Button Industries Limited for the year ended on 30 June, 2018. This Code relates to the Notification No. BSEC/CMRRCD/2006-158/207/Admin/80 dated 03 June 2018 of the Bangladesh Securities and Exchange Commission.

Such compliance with the Corporate Governance Code is the responsibility of the Company. Our examination was limited to the procedures and implementation thereof as adopted by the Management in ensuring compliance to the conditions of the Corporate Governance Code.

This is a scrutiny and verification and an independent audit on compliance of the conditions of the Corporate Governance Code as well as the provisions of relevant Bangladesh Secretarial Standards (BSS) as adopted by Institute of Chartered Secretaries of Bangladesh (ICSB) in so far as those standards are not inconsistent with any condition of this Corporate Governance Code.

We state that we have obtained all the information and explanations, which we have required, and after due scrutiny and verification thereof, we report that, in our opinion:

(a) The Company has complied with the conditions of the Corporate Governance Code as stip-ulated in the above mentioned Corporate Governance Code issued by the Commission or not complied (if not complied, specify non-compliances);

(b) The Company has complied with the provisions of the relevant Bangladesh Secretarial Stan-dards (BSS) as adopted by the Institute of Chartered Secretaries of Bangladesh (ICSB) as required by this Code or not complied (if not complied, specify non-compliances);

(c) Proper books and records have been kept by the company as required under the Companies Act, 1994, the securities laws and other relevant laws or not complied (if not complied, specify non-compliances); and

(d) The Governance of the company is satisfactory.

Md. Shafiqul Islam, FCA Partner ShafiqBasak&Co. Chartered Accountants

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17ANNUAL REPORT & ACCOUNTS

Status of ComplianceStatus of compliance with the conditions imposed by the Bangladesh Securities and Exchange Commission’s Notification No. SEC/CMRRCD/ 2006-158/207/Admin/80, dated 03 June 2018 issued under section 2CC of the Securities and Exchange Ordinance, 1969

(Report under Condition No. 9.00)

Condition No. Title

Compliance status (Put √ in the appropriate

column) Remarks (in any)

Complied Not complied

Board of Directors1(1) Board Size: The number of the board member shall not be less than 05 (

Five) and more than 20 (Twenty) √ IBIL Board is comprised of 05 Directors

1(2) (a) At least one fifth (1/5) of the total number of directors in the company’s Board shall be independent directors. √

There is One Independent Director in the IBIL Namely: Mr. Abu Bakkar Siddik

Independent Directors1(2)(b)(i) Independent Director does not hold any share in the company or holds

less than one percent (1%) shares of the total paid-up. √

1(2)(b)(ii) Independent Director is not a sponsor of the company and is not connected with the company’s any sponsor or director or shareholder who holds one percent (1%) or more shares of the total paid-up shares of the company on the basis of family relationship. His/her family members also should not hold above mentioned shares in the company;

1(2)(b)(iii) Who has not been an executive of the company in immediately preceding 2 (two) financial years √

1(2)(b)(iv) Does not have any other relationship, whether pecuniary or otherwise, with the company or its subsidiary/associated companies √

1(2)(b)(v) Who is not a member or TREC (Trading Right Entitlement Certificate) holder, director or officer of any stock exchange? √

1(2)(b)(vi) who is not a shareholder, director excepting independent director or officer of any member or TREC holder of stock exchange or an intermediary of the capital market;

1(2)(b)(vii) Independent Director is not a partner or an executive or was not a Partner or and executive during the preceding 3(three) years of the concerned company’s statutory audit firm

1(2)(b)(viii) Independent Director shall not be an independent director in more than 5 (Five) listed companies √

1(2)(b)(ix) Independent Director has not been convicted by a court of competent jurisdiction as a defaulter in payment of any loan to a bank or a Non-Bank financial Institution (NBFI)

1(2)(b)(x) Independent Director has not been convicted for a criminal offence involving moral turpitude √

1(2)(c) The independent director(s) shall be appointed by the Board and approved by the shareholders in the Annual General Meeting (AGM); √

1(2)(d) The post of independent director(s) cannot remain vacant for more than 90(ninety) days √

1(2)(e) The tenure of office of an independent director shall be for a period of 3(three) years, which may be extended for 1(one) tenure only.

√Independent Director was

appointed 2nd tenure on 26

October 2017.

Qualification of Independent Director

IMAM BUTTON INDUSTRIES LIMITEDBhuiyan Mansion (6Th Floor) 6, Motijheel C/A, Dhaka-1000.

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18 ANNUAL REPORT & ACCOUNTS

1(3)(a) Independent director shall be a knowledgeable individual with integrity who is able to ensure compliance with financial laws, regulatory and corporate laws and can make meaningful contribution to business.

1(3)(b)(i) Business leader who is was a promoter or director of an unlisted company having minimum paid-up capital of tk 100.00 million or any listed company or a member of any national or international chamber of commerce or business association ; or

1(3)(b)(ii) Corporate leader who is or was a top level executive not lower than Chief Executive Officer or Managing Director or Deputy Managing Director or Chief Financial Officer or Head of Finance or Accounts or Company Secretary or Head of Internal Audit and Compliance or Head of Legal Service or a candidate with equivalent position of an unlisted company having minimum paid –up capital of tk. 100.00 million or of a listed company; or

1(3)(b)(iii) Former official of government or statutory or autonomous or regulatory body in the position not below 5th grade of the national pay scale , who has at list educational background of bachelor degree in economics or commerce or business or law; or

1(3)(b)(iv) University Teacher who has educational background in economics or commerce or business studies or law; or √

1(3)(b)(v) Professional who is or was an advocate practicing at least in the High Court Division of Bangladesh Supreme Court or a Chartered Accountant or Cost & Management Accountant or Chartered Financial Analyst or Chartered Certified Accountant or Certified Public Accountant or Chartered Management Accountant or Chartered Secretary or equivalent qualification;

1(3)(c) The Independent director shall have a at least 10 ( Ten) years of experience in any field mentioned in clause (b); √

1(3)(d) In special cases, the above qualification or experiences may be relaxed subject to prior approval of the commission. √ Not required such approval

1(4)(a) The position of the Chairperson of the board and the Managing Director (MD) and/or Chief Executive Officer (CEO) of the company shall be filled by different individuals;

1(4)(b) The Managing Director (MD) and /or Chief Executive Officer (CEO) of a listed company shall not hold the same position in another listed company;

1(4)(c) The Chairperson of the board shall be elected from among the non – executive directors of the company; √

1(4)(d) The board shall clearly define respective roles & responsibilities of the Chairperson and the Managing Director and/ or Chief Executive Officer ; √

1(4)(e) In the absence of the Chairperson of the board, the remaining members may elect on of themselves from executive directors as Chairperson for that particulars. Boards Meeting; the Reason of absence of the regular

Chairperson shall be duly recorded in the minutes.

The Directors’ Report to Shareholders1(5)(i) An Industry outlook and possible future developments in the industry; √1(5)(ii) The segment-wise or product-wise performance ; √1(5)(iii) Risks and concerns including internal and external risk factors, threat to

sustainability and negative impact on environment, if any; √

1(5)(iv) A discussion on Cost of Goods sold, Gross Profit Margin and Net Profit Margin √

1(5)(v) Discussion on Continuity of any Extra-Ordinary gain or loss √ No such extra ordinary gain/loss1(5)(vi) A detailed discussion on related party transactions along with a statement

showing amount, nature of related party, nature of transactions and basis of transactions of all related party transactions;

Not Applicable

1(5)(vii) Utilization of proceeds from public issues, rights issues and/or through any others instruments. √ Not Applicable

1(5)(viii) An explanation if the financial results deteriorate after the company goes for Initial Public Offering (IPO), Repeat Public Offering (RPO), Rights Offer, Direct Listing etc.

√ Not Applicable

1(5)(ix) If significant variance occurs between Quarterly financial Performance and Annual Financial Statements the management shall explain about the variance on their Annual Report.

√ No such significant variation occurs

1(5)(x) Remuneration to directors including independent directors √ No remuneration paid to director1(5)(xi) The financial statements prepared by the management of the issuer

company present fairly its state of affairs, the result of its operations, cash flows and changes in equity

√Except for the possible effect of the matter described in the basis for qualified opinion

1(5)(xii) Proper books of account of the issuer company have been maintained √

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19ANNUAL REPORT & ACCOUNTS

1(5)(xiii) Appropriate accounting policies have been consistently applied in preparation of the financial statements and that the accounting estimates are based on reasonable and prudent judgment

1(5)(xiv) A statement that International Accounting Standards (IAS) or International Financial Reporting Standards (IFRS), as applicable in Bangladesh, have been followed in preparation of the financial statements and any departure there from has been adequately disclosed;

1(5)(xv) The system of internal control is sound in design and has been effectively implemented and monitored. √

1(5)(xvi) A statement that minority shareholders have been protected from abusive actions by , or in the interest of, controlling shareholders acting either directly or indirectly and have effective means of redress;

1(5)(xvii) There are no significant doubts upon the issuer company’s ability to continue as a going concern. If the issuer company is not considered to be a going concern, the fact along with reasons thereof should be disclosed;

There has significant doubts of survival as going concern due to the fact that company has been incurring losses

1(5)(xviii) Significant deviations from the last year’s operating results of the issuer company shall be highlighted and the reasons thereof should be explained.

Not Applicable

1(5)(xix) Key operating and financial data of at least preceding 5(five) years shall be summarized √

1(5)(xx) If the issuer company has not declared dividend (cash or stock) for the year √

1(5)(xxi) Board’s statement of the effect that no bonus share or stock dividend has been or shall be or declared as interim dividend; √

1(5)(xxii) The number of Board meetings held during the year and attendance by each director shall be disclosed. √

09 (nine) board meeting held during the year and attendance

88.89% (average)1(5)(xxiii)(a)

Parent/Subsidiary/Associated Companies and other related parties(name wise details) Not Applicable

1(5)(xxiii)(b)

Directors, Chief Executive Officer, Company Secretary, Chief Financial Officer, Head of Internal Audit and their spouses and minor children (name wise details)

1(5)(xxiii)(c)

Executives; and √

1(5)(xxiii)(d)

Shareholders holding ten percent (10%) or more voting interest in the company (name wise details) √

1(5)(xxiv)(a)

A brief resume of the director √

1(5)(xxiv)(b)

Nature of his/her expertise in specific functional areas √

1(5)(xxiv)(c)

Names of companies in which the person also holds the directorship and the membership of committees of the board. √

1(5)(xxv)(a) Accounting Policies and estimation for preparation of financial statements; √1(5)(xxv)(b) changes in accounting policies and estimation, if any, clearly describing

the effect on financial performance or results and financial position as well as cash flows in absolute figure for such changes;

1(5)(xxv)(c) Comparative analysis ( Including effects of inflation) of financial performance or results and financial position as well as Cash flows for current financial years with immediate preceding Five years explaining reasons thereof;

1(5)(xxv)(d) Compare such financial performance or results and financial position as well as cash flows with the peer industry scenario; √

1(5)(xxv)(e) Briefly explain the financial and economic scenario of the country and the globe; √

1(5)(xxv)(f ) Risks and concerns issues related to the financial statements, explaining such risk and concerns mitigation plan of the company; and √

1(5)(xxv)(g) Future plan or projection or forecast for company’s operation, performance and financial position, with justification thereof, i.e. , actual position shall be explained to the shareholders in the next AGM ;

1(5)(xxvi) Declaration or certification by the CEO and the CFO to the board as required under condition no.3(3) shall be disclosed as per annexure –A; and

1(5)(xxvii) The report as well as certificate regarding compliance of conditions of this Code as required under condition No. 9 shall be disclosed as per annexure-B and Annexure - C

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20 ANNUAL REPORT & ACCOUNTS

1 (6) The company shall conduct its board meeting and record the minutes of the meetings as well as keep required books and records in line with the provisions of the relevant Bangladesh Secretarial Standards (BSS) as adopted by the Institute of Chartered Secretaries of Bangladesh (ICSB) in so far as those standards are not inconsistent with any condition of this code.

1 (7)(a) The board shall lay down a code of conduct, based on the recommendation of the Nomination & Remuneration committee (NRC) at Condition No-6, For the Chairperson of the board , other board members and chief executive officer of the company;

1 (7)(b) The code of conduct as determined by the NRC shall be posted on the website of the company including, among others, prudent conduct and behavior; confidentiality; conflict of interest ; compliance with laws, rules and regulations ; prohibition of insider trading; relationship with environment , employee, customers and suppliers ; and independency.

Governance of Board of Directors of Subsidiary Company2 (a) Provisions relating to the composition of the Board of Directors of the

holding company shall be made applicable to the compositions of the Board of Directors of the subsidiary company

Not Applicable No subsidiary company

2 (b) At least 1(one) independent director on the Board of Directors of the holding company shall be a director on the Board of Directors of the subsidiary company

Not Applicable No subsidiary company

2 (c) The minutes of the Board meeting of the subsidiary company shall be placed for review at the following Board meeting of the holding company Not Applicable No subsidiary company

2 (d) The minutes of the respective Board meeting of the holding company shall state that they have reviewed the affairs of the subsidiary company also

Not Applicable No subsidiary company

2 (e) The Audit Committee of the holding company shall also review the financial statements, in particular the investments made by the subsidiary company

Not Applicable No subsidiary company

Managing Director (MD) or Chief Executive Officer (CEO), Chief Financial Officer (CFO), Head of Internal Audit and Compliance (HIAC) and Company Secretary (CS).

3(1)(a) The board shall appoint a Managing Director (MD) or Chief Executive officer (CEO), a Company Secretary (CS), a Chief Financial Officer (CFO) and Head of internal Audit and Compliance (HIAC)

3(1)(b) The Position of the Managing Director (MD) or Chief Executive officer (CEO), Company Secretary (CS), Chief Financial Officer (CFO) and Head of Internal Audit and Compliance (HIAC) shall be filled by different individuals’

3(1)(c) The MD and CEO , CS, CFO and HIAC of a listed company shall not hold any executive position in any other company at the same time; √

3(1)(d) The board shall clearly define respective roles, responsibilities and duties of the CFO, the HIAC and the CS; √

3(1)(e) The MD or CEO , CS,CFO and HIAC shall not be removed from their position without approval of the Board as well as immediate dissemination to the commission and stocks Exchange(s)

3(2) The MD or CEO, CS, CFO and HIAC of the company shall attend the meeting of the board. Provided that the CS, CFO and/ or the HIAC shall not attend such part of a meeting of the board which involves consideration of an agenda item relating to their personal matters.

3(3)(a)(i) These statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading; and √

3(3)(a)(ii) These statements together present a true and fair view of the company’s affairs and are in compliance with existing accounting standards and applicable laws;

3(3)(b) The MD or CEO and CFO shall also certify that there are, to the best of knowledge and belief, no transaction entered into by the company during the year which are fraudulent, illegal or in violation of the code of conduct for the company’s board or its members.

3(3)(c) The certification of the MD or CEO and CFO shall be disclosed in the annual report. √

Board of Directors’ Committee4(i) Audit Committee ; and √

4(ii) Nomination and Remuneration committee. √

Audit Committee

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21ANNUAL REPORT & ACCOUNTS

5(1)(a) The company shall have an Audit Committee as a sub-committee of the Board √

5(1)(b) The Audit Committee shall assist the Board in ensuring that the financial statements reflect true and fair view of the state of affairs of the company and in ensuring a good monitoring system within the business

5(1)(c) The Audit Committee shall be responsible to the Board, the duties of the Audit Committee shall be clearly set forth in writing √

5(2)(a) The Audit Committee shall be composed of at least 3 (three) members √ 04 (Four) Members in IBIL5(2)(b) The Board shall appoint members of the Audit Committee who shall be

non-executive directors of the company excepting Chairperson of the Board and shall include at least 1 (one) independent director; √

5(2)(c) All members of the audit committee should be “financially literate” and at least 1(one) member shall have accounting or related financial management background and 10 (ten) years of such experience.

5(2)(d) When the term of service of any committee member expires or there any circumstance causing any committee member to be unable to hold office before expiration of the term of service, thus making the number of the committee members to be lower than the prescribed number of 3 ( Three) persons, the board shall appoint the new committee member to fill up the vacancy immediately or not later than 1 (One) month from the date of vacancy in the committee to ensure continuity of the performance of work of the audit committee ;

5(2)(e) The company secretary shall act as the secretary of the Committee √5(2)(f ) The quorum of the Audit Committee meeting shall not constituted

without at least 1(one) independent director √

5(3)(a) The Board of Directors shall select 1(one) member of the Audit Committee to be Chairperson of the Audit Committee, who shall be an independent director.

5(3)(b) In the absence of the chairpersons of the audit committee , the remaining members may elect on of themselves as chairpersons for that particulars meeting , in that case there shall be no problem of constituting a quorum as required under condition No-5(4)(b) and the reason of absence the regular chairperson shall be duly recorded in the minutes.

5(3)(c) Chairperson of the Audit Committee shall remain present in the Annual General Meeting (AGM) √

5(4)(a) The Audit committee shall conduct at least its four meetings in a financial year √

5(4)(b) The quorum of the meeting of the audit committee shall be constituted in presence of either two members or two–third of the members of the audit committee, whichever is higher, where presence of an independent director is a must.

5(5)(a) Oversee the Financial reporting process √5(5)(b) Monitor choice of accounting policies and principles √5(5)(c) Monitor Internal Audit and Compliance process to ensure that it is

adequately resourced, including approval of the internal audit and compliance plan and review of the internal audit and compliance report;

5(5)(d) Oversee hiring and performance of external auditors √

5(5)(e) Hold meeting with the external or statutory auditors for review of the annual financial statements before submission to the board for approval or adoption.

5(5)(f ) Review along with the management, the annual financial statements before submission to the board for approval √

5(5)(g) Review along with the management, the quarterly and half yearly financial statements before submission to the board for approval √

5(5)(h) Review the adequacy of internal audit function √5(5)(i) Review the Management’s Discussion and Analysis before disclosing in

the Annual Report; √

5(5)(j) Review statement of all related party transactions submitted by the management √

5(5)(k) Review Management Letters/Letter of Internal Control weakness issued by statutory auditors. √

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22 ANNUAL REPORT & ACCOUNTS

5(5)(l) Oversee the determination of audit fees based on scope and magnitude, level of expertise deployed and time required for effective audit and evaluate the performance of external auditors; and

5(5)(m) Oversee whether the proceeds raised through Initial Public Offering (IPO) or Repeat Public Offering (RPO) or Rights Share Offer have been utilized as per the purposes stated in relevant offer document or prospectus approved by the Commission:

5(6)(a)(i) The Audit Committee shall report on its activities to the Board. √5(6)(a)(ii)(a) Report on conflicts of interests; √5(6)(a)(ii)(b)

Suspected or presumed fraud or irregularity or material defect identified in the internal audit and compliance process or in the financial statements; √

5(6)(a)(ii)(c) Suspected infringement of laws, regulatory compliances including securities related laws, rules and regulations; and √

5(6)(a)(ii)(d)

Any other matter which the Audit Committee deems necessary shall be disclosed to the Board immediately; √

5(6)(b) Reporting to the Authorities :If the Audit Committee has reported to the Board about anything which has material impact on the financial condition and results of operation and has discussed with the Board and the management that any rectification is necessary and if the Audit Committee finds that such rectification has been unreasonably ignored, the Audit Committee shall report such finding to the Commission, upon reporting of such matters to the Board for three times or completion of a period of 6 (six) months from the date of first reporting to the Board, whichever is earlier.

√ No such findings

5(7) Reporting to the Shareholders and General Investors: Report on activities carried out by the Audit Committee, including any report made to the Board under condition No. 5(6)(a)(ii) above during the year, shall be signed by the Chairperson of the Audit Committee and disclosed in the annual report of the issuer company.

Nomination and Remuneration Committee (NRC)6(1)(a) The company shall have a Nomination and Remuneration Committee

(NRC) as a sub-committee of the Board; √

6(1)(b) The NRC shall assist the Board in formulation of the nomination criteria or policy for determining qualifications, positive attributes, experiences and independence of directors and top level executive as well as a policy for formal process of considering remuneration of directors, top level executive;

6(1)(c) The Terms of Reference (TOR) of the NRC shall be clearly set forth in writing covering the areas stated at the condition No. 6(5) (b). √

6(2)(a) The Committee shall comprise of at least three members including an independent director; √

6(2)(b) All members of the Committee shall be non-executive directors; √

6(2)(c) Members of the Committee shall be nominated and appointed by the Board; √

6(2)(d) The Board shall have authority to remove and appoint any member of the Committee; √

6(2)(e) In case of death, resignation, disqualification, or removal of any member of the Committee or in any other cases of vacancies, the board shall fill the vacancy within 180 (one hundred eighty) days of occurring such vacancy in the Committee; √

6(2)(f ) The Chairperson of the Committee may appoint or co-opt any external expert and/or member(s) of staff to the Committee as advisor who shall be non-voting member, if the Chairperson feels that advice or suggestion from such external expert and/or member(s) of staff shall be required or valuable for the Committee;

6(2)(g) The company secretary shall act as the secretary of the Committee; √

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23ANNUAL REPORT & ACCOUNTS

6(2)(h) The quorum of the NRC meeting shall not constitute without attendance of at least an independent director; √

6(2)(i) No member of the NRC shall receive, either directly or indirectly, any remuneration for any advisory or consultancy role or otherwise, other than Director’s fees or honorarium from the company.

Not Applicable

6(3)(a) The Board shall select 1 (one) member of the NRC to be Chairperson of the Committee, who shall be an independent director; √

6(3)(b) In the absence of the Chairperson of the NRC, the remaining members may elect one of themselves as Chairperson for that particular meeting, the reason of absence of the regular Chairperson shall be duly recorded in the minutes;

6(3)(c) The Chairperson of the NRC shall attend the annual general meeting (AGM) to answer the queries of the shareholders: Provided that in absence of Chairperson of the NRC, any other member from the NRC shall be selected to be present in the annual general meeting (AGM) for answering the shareholder’s queries and reason for absence of the Chairperson of the NRC shall be recorded in the minutes of the AGM.

6(4)(a) The NRC shall conduct at least one meeting in a financial year; √6(4)(b) The Chairperson of the NRC may convene any emergency meeting upon

request by any member of the NRC; √

6(4)(c) The quorum of the meeting of the NRC shall be constituted in presence of either two members or two third of the members of the Committee, whichever is higher, where presence of an independent director is must as required under condition No. 6(2)(h);

6(4)(d) The proceedings of each meeting of the NRC shall duly be recorded in the minutes and such minutes shall be confirmed in the next meeting of the NRC.

6(5)(a) NRC shall be independent and responsible or accountable to the Board and to the shareholders; √

6(5)(b)(i)(a) The level and composition of remuneration is reasonable and sufficient to attract, retain and motivate suitable directors to run the company successfully;

6(5)(b)(i)(b) The relationship of remuneration to performance is clear and meets appropriate performance benchmarks; and √

6(5)(b)(i)(c) Remuneration to directors, top level executive involves a balance between fixed and incentive pay reflecting short and long-term performance objectives appropriate to the working of the company and its goals;

6(5)(b)(ii) Devising a policy on Board’s diversity taking into consideration age, gender, experience, ethnicity, educational background and nationality; √

6(5)(b)(iii) Identifying persons who are qualified to become directors and who may be appointed in top level executive position in accordance with the criteria laid down, and recommend their appointment and removal to the Board;

6(5)(b)(iv) Formulating the criteria for evaluation of performance of independent directors and the Board; √

6(5)(b)(v) Identifying the company’s needs for employees at different levels and determine their selection, transfer or replacement and promotion criteria; and

6(5)(b)(vi) Developing, recommending and reviewing annually the company’s human resources and training policies; √

6(5)(c) The company shall disclose the nomination and remuneration policy and the evaluation criteria and activities of NRC during the year at a glance in its annual report.

External or Statutory Auditors7(1)(i) Appraisal or valuation services or fairness opinions; √7(1)(ii) Financial information systems design and implementation; √7(1)(iii) Book-keeping or other services related to the accounting records or

financial statements; √

7(1)(iv) Broker-dealer services; Not Applicable7(1)(v) Actuarial services; √7(1)(vi) Internal audit services or special audit services; √7(1)(vii) Any service that the Audit Committee determines; √7(1)(viii) Audit or certification services on compliance of corporate governance as

required under condition No. 9(1); and √

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24 ANNUAL REPORT & ACCOUNTS

7(1)(ix) Any other service that creates conflict of interest. √7(2) No partner or employees of the external audit firms shall possess any

share of the company they audit at least during the tenure of their audit assignment of that company; his or her family members also shall not hold any shares in the said company:

√Auditors Declaration

7(3) Representative of external or statutory auditors shall remain present in the Shareholders’ Meeting (Annual General Meeting or Extraordinary General Meeting) to answer the queries of the shareholders.

Maintaining a website by the Company

8(1) The company shall have an official website linked with the website of the stock exchange. √

8(2) The company shall keep the website functional from the date of listing.√

8(3) The company shall make available the detailed disclosures on its website as required under the listing regulations of the concerned stock exchange(s).

Reporting and Compliance of Corporate Governance9(1) The company shall obtain a certificate from a practicing Professional

Accountant or Secretary (Chartered Accountant or Cost and Management Accountant or Chartered Secretary) other than its statutory auditors or audit firm on yearly basis regarding compliance of conditions of Corporate Governance Code of the Commission and shall such certificate shall be disclosed in the Annual Report.

9(2) The professional who will provide the certificate on compliance of this Corporate Governance Code shall be appointed by the shareholders in the annual general meeting.

9(3) The directors of the company shall state, in accordance with the Annexure-C attached, in the directors’ report whether the company has complied with these conditions or not.

√ Compliance will continue

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25ANNUAL REPORT & ACCOUNTS

Auditors’ Report to the Shareholders Of Imam Button Industries LimitedWe have audited the accompanying financial statements of Imam Button Industries Limited, which comprise the statement of financial position as at June 30, 2018, and the statement of Profit or Loss and other comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory notes.

Management’s responsibility for the financial statementsManagement of the company is responsible for the preparation and fair presentation of these financial statements in accordance with Bangladesh Financial Reporting Standards (BFRS), and for such internal control as management determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ responsibilityOur responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Bangladesh Standards on Auditing (BSA). Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstance, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Basis of Qualificationa) We have observed that the company has only

able to utilize 28% only of its production capacity during the year under audit. The underutilization of production due to machine break-down, frequent power failure, failed to locate new buyer and so on.

b) The company has been suffering from recurring loss since 2009-2010 that effectively creates Retained Loss of Tk. 36,126,162 at reporting date. The underutilization of production capacity is primary responsible for such recurring loss.

c) The current ratio of the company has fallen to 0.48 at reporting date, meaning that the company has maintained Current Assets Tk. 0.48 Against Tk. 1 current liabilities. The effect of such poor ratio expose that the company may not able to pay its debt, whether current or non-current liability, when they fall due or on demand by Creditor.

d) The accompanying financial statements have been prepared assuming that the company will continue as going concern but considering the above effects described in the basis of qualification paragraph herewith has expose significant doubt of survival the company as going for foreseeable future.

.OpinionIn our opinion, except the effect described in the basis of qualification paragraph, financial statements give a true and fair view of the financial position of Imam Button Industries Limited as on June 30, 2018, and its financial performance and its cash flows for the period/ year then ended in accordance with Bangladesh Financial Reporting Standards (BFRS) and comply with the applicable sections of the Companies Act, 1994, the Securities and Exchange Rules, 1987 and other applicable laws and regulations.

We also report that:a) We have obtained all the information and

explanations which to the best of our knowledge and belief were necessary for the purposes of our audit and made due verification thereof;

b) In our opinion, proper books of account as required by the law have been kept by the Company so far as it appeared from our examination of those books;

c) The company’s financial position and statement of comprehensive income dealt with by the report are in agreement with the books of account and returns; and

d) The expenditure incurred was for the purposes of the company’s business.

Dated: DhakaNovember 5, 2018 Malek Siddiqui wali

Chartered Accountants

Malek Siddiqui Wali PHONE: OFF: +88029513471CHARTERED ACCOUNTANTS PABX: 9576128: 9576118-9Partners: Md. Waliullah, FCA FAX: 880-2-9516236Swadesh Ranjan Saha, FCA Email: [email protected]. Habibur Rahman Sarker, FCA 9-G, MOTIJHEEL C/A,Anjan Mallik, FCA Dhaka-1000, Bangladesh

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26 ANNUAL REPORT & ACCOUNTS

Particulars NoteAs at 30 June 2018 As at 30 June 2017

Taka Taka

Assets : Non-Current Assets: Property, Plant and Equipment 2 72,783,176 80,250,512 72,783,176 80,250,512 Current Assets : Inventories 3 5,776,146 5,163,888 Accounts Rceivable 4 794,207 1,261,694 Advance, Deposit and Pre-Payments 5 7,561,468 7,357,654 Cash and Cash Equivalents 6 444,063 416,524 14,575,884 14,199,760 Total Assets : 87,359,060 94,450,272 Equity & Liabilities: Equity : Share Capital 7 77,000,000 77,000,000 Reserve for Re-investment 8 3,900,198 3,900,198 Retained Earnings (36,126,162) (33,016,850) 44,774,036 47,883,348 Non-Current Liabilities: Deferred Tax 9 12,101,980 12,759,764 Long Term Loan 10 - 2,618,801 12,101,980 15,378,565 Current Liabilities : Current Portion of Long Term Loan 10.1 2,877,520 5,237,602 Loan Installment Due 10.2 3,055,050 - Liability for Expenses 11 4,235,504 4,553,137 Accounts payable 12 9,660,617 11,077,264 Unclaimed Dividend 13 2,378,986 2,379,796 Provision for Tax 14 8,275,367 7,940,560 30,483,044 31,188,359 Total Equity & Liabilities: 87,359,060 94,450,272 Net Assets Value Per Share (NAV) 21 5.81 6.22 Par Value Tk.10

Note:The annexed notes are integral part of these Financial statement. These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

Md. Mohiuddin Miah Hamida Begum Mohammad AliCompany Secretary Director Managing Director Signed in terms of our separate report date even annexed. Date: Dhaka Malek Siddiqui Wali November 5, 2018 Chartered Accountants

IMAM BUTTON INDUSTRIES LIMITEDSTATEMENT OF FINANCIAL POSITIONAs at 30Th June 2018

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27ANNUAL REPORT & ACCOUNTS

Particulars NoteFor the Year Ended

June 30, 2018For the Year Ended

June 30, 2017Total Taka Total Taka

Sales Revenue 15 47,829,579 52,673,145 Cost of Goods Sold 16 (43,941,117) (48,780,151)Gross Profit/(Loss) : 3,888,462 3,892,994 Administrative & Selling Expenses 17 (5,231,664) (5,828,746)Financial Expenses 18 (1,341,659) (1,048,801)Operating Profit/(Loss) : (2,684,861) (2,984,553) Other Income/(Loss) 19 (747,428) 78,196 Net Operating Profit/(Loss) : (3,432,289) (2,906,357) Provision for Contribution to WPPF - - Profit/(Loss) before Tax : (3,432,289) (2,906,357) Provision for Income Tax : (334,807) (368,712) Deferred Tax 657,784 385,049 Net Profit/(Loss) after tax (3,109,312) (2,890,020) Other Comprehensive Income - - Total comprehensive income (3,109,312) (2,890,020) Earnings Per Share (EPS) 20 (0.40) (0.38) Par Value Tk.10

Note:1. The basic EPS(Loss) per share increase in this year over last year as the loss for the year has increase due to decrease of sales revenue.

The annexed notes are integral part of these Financial statement.

These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

Md. Mohiuddin Miah Hamida Begum Mohammad AliCompany Secretary Director Managing Director Signed in terms of our separate report date even annexed.

Date: Dhaka Malek Siddiqui Wali November 5, 2018 Chartered Accountants

IMAM BUTTON INDUSTRIES LIMITEDSTATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOMEFor the Year Ended 30 June 2018

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28 ANNUAL REPORT & ACCOUNTS

Particulars Share Capital Tax Holiday Reserve

Retained Earnings Total

Balance as at 1st July 2017 77,000,000 3,900,198 (33,016,850) 4 7,883,348 Net Profit/(Loss) during the Year - - (3,109,312) ( 3,109,312)As at 30th June 2018 77,000,000 3,900,198 (36,126,162) 4,774,036

For the Year Ended 30 June 2017

Particulars Share Capital Tax Holiday Reserve

Retained Earnings Total

Balance as at 1st July 2016 77,000,000 3,900,198 (30,126,830) 50,773,368 Net Profit/(Loss) during the year - - (2,890,020) (2,890,020)As at 30th June 2017 77,000,000 3,900,198 (33,016,850) 47,883,348

Note: 1. The Equity has decreased due to operating loss for the year.

The annexed notes are integral part of these Financial statement.

These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

Md. Mohiuddin Miah Hamida Begum Mohammad AliCompany Secretary Director Managing Director

Signed in terms of our separate report date even annexed.

Date: Dhaka Malek Siddiqui Wali November 5, 2018 Chartered Accountants

IMAM BUTTON INDUSTRIES LIMITEDSTATEMENT OF CHANGES IN EQUITYFor the Year Ended 30 June 2018

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29ANNUAL REPORT & ACCOUNTS

Particulars Note

For the Year Ended June 30,

2018

For the Year Ended June 30,

2017Total Taka Total Taka

Cash Flow From Operating Activities: Collection from Sales Revenue & Others 48,050,920 54,695,309 Payment for Purchase of Raw Materials,Indirect Materials and others (44,498,115) (39,778,490)Payment of Financial Charges (1,341,659) -Tax Paid (258,964) -Net Cash provided/(used) by Operating Activities 1,952,182 14,916,819 Cash Flow From Investing Activities: Acquisition of Property Plant and Equipment - (10,693,060)Net cash used in Investing Activities - (10,693,060) Cash Flow From Financing Activities: Loan Refund (Midas Financing Ltd,) - (477,515)Loan Refund (Prime Finance & Investment Ltd,) (1,923,833) (3,928,202)Dividend Paid (810) (1,450)Net cash provided/(used) by Financing Activities (1,924,643) (4,407,167) Increase/(Decrease) in Cash and Cash Equivalents 27,539 (183,408) Opening Cash and Cash Equivalents 416,524 599,932 Closing Cash and Cash Equivalents 444,063 416,524 Net Operating Cash Flow Per Share (NOCFPS) 22 0.25 1.94 Par Value Tk.10 Note: 1. The net Operating Cash Flow Per Share has decreased in this year over last year, due to effect of loss from operating, maintenance of investment in working Capital.

The annexed notes are integral part of these Financial statement.

These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

Md. Mohiuddin Miah Hamida Begum Mohammad AliCompany Secretary Director Managing Director Signed in terms of our separate report date even annexed.

Date: Dhaka Malek Siddiqui Wali November 5, 2018 Chartered Accountants

IMAM BUTTON INDUSTRIES LIMITEDSTATEMENT OF CASH FLOWSFor the Year Ended 30 June 2018

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30 ANNUAL REPORT & ACCOUNTS

1. Significant Accounting Policies and Relevant Information:

a. Legal form of the Company:

The IMAM BUTTON INDUSTRIES LIMITED was incorporated in Bangladesh on December 12,1994 and subsequently converted into Public Limited Company and listed with Dhaka and Chittagong Stock Exchange Ltd.

b. Nature of business activities: The Company is 100% export oriented button processing industries situated at 49/A, Fouzdarhat Heavy Industrial Area of CDA, Chittagong and export button in International Market.

c Basis of Accounting

The accounts have been prepared on a going concern concept under generally accepted accounting principles on the historical cost convention and in accordance with applicable International Accounting standard in Bangladesh which does not vary from the requirement of Companies Act 1994, the listing regulations of the stock exchange, Securities and Exchange Rule, 1987 and other Laws and Rules applicable in Bangladesh.

d. Recognition of property, Plant & Equipment and Depreciation:

“Property, Plant & Equipment are stated at cost less accumulated depreciation in accordance with IAS-16 “Property, Plant & Equipment.” Cost represents cost of acquisition of construction and include purchase price and other directly attributable cost of bringing the assets of working condition for its intended use, but do not include any capitalized borrowing cost. No depreciation is charged on land and land development.Depreciation is charged from the month of ready for use and no depreciation is charged in the month of disposal. Depreciation on all other Fixed assets are computed using the reducing balance method in amount sufficient to write-off depreciable assets over their estimated useful life. Expenditure for maintenance and repair are expenses, major replacements, renewals and settlement are capitalized. The cost and accumulated depreciation of depreciable assets retired or otherwise disposed off are eliminated when it increases the ecomic life or benifit of the asset. From the assets and accumulated depreciation and any gain or loss on such disposal is reflected in profit or loss statement for the year.

The annual depreciation rates applicable to the principal categories are

Factory Building 5% Plant & Machinery 10% Furniture & Fixtures 10% Motor Vehicles 20% Office Equipment 15% Electric Installation 20%

Depreciation has been charged to cost of goods sold & administrative expenses consistently.

e. Inventories:

Inventories on hand are valued at lower of average cost and net realizable value

The following methods of valuation has been adopted:

Sl.No. Items Method of Valuation i. Raw materials At average cost price ii Work in-Process At cost price plus conversion cost. iii Finished stock At average cost price iv Chemicals At average cost price v Spare parts At average cost price vi Packing Materials At average cost price

f. Trade and other receivable : These are carried at original invoice amount less impairment, if any and considered good and collectible.

g. Cash & cash equivalents:

According to IAS-7 “ Statement of Cash Flows” Cash comprises of cash in hand and demand deposits. IAS-1 presentation of Financial Statement provides that Cash and Cash equivalents are not restrict in use. Considering the provision of IAS-7 & IAS-1, Cash in hand, Cheque in hand and Bank balances have been considered as cash and cash equivalents.

h. Creditors and Accruals: Liabilities are recognized for amount to be paid in the future for goods and services received, whether or not billed by the

supplier.

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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31ANNUAL REPORT & ACCOUNTS

i. Taxation: The Company has incurred loss during the year, so minimum taxation provision has been made as per Income Tax

Ordinance-1984.

j. WPPF: The Company has incurred loss during the year, for this no contribution to WPPF has been made.

k. Conversion of Foreign Currencies: Foreign Currencies are converted into taka at rates ruling at the transaction date and the balance on hand at the close of business at the prevailing on the Balance Sheet date.

l. Revenue Recognition:

The Company recognizes revenue when risk of ownership has been transferred to the buyer. The Company intends to provide Provident Fund & Gratuity scheme for the benefits of the Employees in future.

m Cash Flow Statement: Cash Flow statement is prepared in accordance with IAS-7 “Cash Flow Statement” and in the Cash flow from the operating

activities have been presented under direct method as prescribed by the Securities and exchange Rule 1987.

n Risk and uncertainties for use of estimates in preparation of financial statements: The preparation of financial statements in conformity with the international accounting standards require managements

to make estimates and assumption that effect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the effect financial statements and revenues and expenses during the period reported. Actual results could differ from those estimates. Estimates are used for accounting of certain items such as long term contracts, depreciation and employees benefit plans, taxes, reserves and contingencies.

o Earning per share (EPS): The Company calculate Earning per share (EPS) in accordance with (IAS)-33 “Earning per share” which has been shown

on the face of profit and loss account and the computation of EPS is stated in Accounts.

p Basic Earning:

This represents earning for the year attributable to ordinary shareholders. As there was no preference dividend, minority interest or extra ordinary items, the net profit after tax for the year has been considered as fully attributable to the ordinary shareholders.

q Basic Earning per share:

This has been calculated by dividing the basic earning by the number of ordinary shares issued by the Company.

r Diluted earning per share: No diluted EPS is required to be calculated for the year as there were no scope for dilution during the year under review.

s Responsibility for Preparation and Presentation of Financial Statement: The Board of Directors is responsible for the preparation and presentation of Financial Statements under Section 183 of the Companies Act 1994 and as per the provision of “The Framework For The Preparation And Presentation of Financial Statements” issued by the International Accounting Standards Committee (IASC)

t Reporting currency and level of precisions:

The figures in the financial statement represent Bangladesh currency (taka) which have been rounded off to the nearest taka except where indicates otherwise.

u Reporting period: Financial Statement of the Company cover on financial year from 1st July, 2017 to 30th June ,2018.

v Comparative Information: Comparative information have been disclosed in respect of the year 2016-2017 for all numerical information in the financial

statement and also the narrative and descriptive information when it is relevant for understanding of the current periods financial statement. Figures of the year 2016-2017 have been rearranged whenever considered necessary to ensure comparability with the current period.

w Subsequent event-disclosure under IAS-10 ‘Event after the reporting date’: There is no adjusting Balance Sheet of such importance, non disclosure of which would effect the availability to the user

of the financial statement to made proper evaluation and decision.

x Transaction with related parties: The Company has not carried on any transaction with parties related with the company in the normal course of business.

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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32 ANNUAL REPORT & ACCOUNTS

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

2 Property, Plant & Equipment: Cost: Opening Balance 270,080,652 259,387,592 Addition for the year - 10,693,060 Total Cost: 270,080,652 270,080,652 Accumulated Depreciation: Opening Balance (189,830,140) (182,424,795) Depreciation for the year (7,467,336) (7,405,345) Closing Balance (197,297,476) (189,830,140) Total Written Down Value at cost: 72,783,176 80,250,512 Please see the Annexure-A for details.

3 Inventories: Raw Materials (note-3.1) 3,315,878 3,733,622 Work-in Process (Note-3.2) 118,214 117,456 Finished Goods(Note-3.3) 1,266,330 401,115 Chemicals(Note-16.1.2) 472,745 389,252 Store(Note-16.1.3) 348,435 302,807 Packing Materials(note-16.1.4) 254,544 219,636 5,776,146 5,163,888

* Inventories are valued at lower of average cost and net realizable value. * Physical verification of the inventories was carried out by an inventory counting team the year end. * Inventories are free from all sort of mortgage during the year under review.

3.1 Raw Materials : The break-up of the above amount is as follows:

Sl No. Items Quantity 01 Resin 10,853 Kgs 1,583,010 2,486,012 02 Acetone - - 17,971 03 Styrene Monomer 2,700 Kgs 389,610 214,812 04 Cobalt Nepthonate 179 Kgs 96,338 86,112 05 Mekp 65 Kgs 28,899 166,725 06 Parafin Wax 28 Kgs 7,644 13,650 07 Pearl Essence 136 Kgs 525,096 193,050 08 Pigment 415 Kgs 428,903 289,380 09 Pumic Powder 50 Kgs 1,755 5,265 10 Micro Violet Powder - - 26,910 11 Liquid Wax 67 Kgs 12,433 4,805 12 Uvitex Powder 01 Kgs 23,400 23,400 13 Cabosil 330 Kgs 218,790 205,530 14,824 Kgs 3,315,878 3,733,622

3.2 Work-in-process : The break-up of the above amount is as follows:

Sl No. Items Quantity 01 Resin 450 Kgs 65,637 58,617 02 Acetone 60 Kgs 6,739 4,493 03 Styrene Monomer 25 Kgs 3,608 2,652 04 Cobalt Nepthonate 10 Kgs 5,382 5,382 05 Mekp 07Kgs 3,112 8,892 06 Liquid Wax 10 Kgs 1,716 1,716 07 Pearl Essence 05 Kgs 19,305 19,305 08 Pigment 05 Kgs 5,168 5,167 09 Pumic Powder 15 Kgs 527 702 10 Armojel - - 10,530 11 Cabosil 10Kgs 7,020 - 597 Kgs 118,214 117,456

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33ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

3.3 Finished Goods : The break-up of the above amount is as follows:

Sl No. Items Quantity 01 14L 190 G.G 74,100 35,100 02 16L 260 G.G 101,400 15,600 03 18L 780 G.G 304,200 124,800 04 20L 290 G.G 135,720 14,040 05 22L 160 G.G 87,360 19,110 06 24L 260 G.G 162,240 18,720 07 26L 150 G.G 122,850 28,665 08 28L 140 G.G 136,500 19,500 09 30L 40 G.G 46,800 35,100 10 32L 30 G.G 37,440 24,960 11 36L 15 G.G 30,420 20,280 12 40L 10 G.G 27,300 21,840 13 44L - - 23,400 2,325 G.G 1,266,330 401,115

4 Accounts Receivable: 794,207 1,261,694

Accounts Receivable will be realiged

Within 30 Days Within 60 Days Within 90 Days After 90 Days

119,131 1,58,841 1,98,552 317,683

* Accounts Receivable are considered good and realised subsequently and there is no amount of Accounts Receivable for a period of more than 12 months from the date of balance sheet.

* No other securities except personal securities were taken from debtors.* There has no aggregate amount due by Directors (Including Managing Director) or any other officers of the company

jointly or severally with any other person.* No amount is due by any associated undertaking of the Company.

5 Advance Deposit & Pre-Payments :“The details of the above amount is as follows:

A Advance : Staff against salary 47,000 102,150 Advance Income Tax 6,472,191 6,213,227 6,519,191 6,315,377 B. Security Deposits : T & T Board against Telephone 146,500 146,500 Office Rent 723,340 723,340 Central Depository Bangladesh Ltd. 172,437 172,437 1,042,277 1,042,277 Total (A+B) 7,561,468 7,357,654

5.1 Maturity Analysis : Advance deposit & pre-payments will realized within 12 months 6,519,191 6,315,377 Advance deposit & pre-payments will realized after 12 months 1,042,277 1,042,277 7,561,468 7,357,654 # Advance against salary are realizing regularly from the monthly salary bill. # Security deposit are made to Govt. and statutory Authorities and hence considered good. # Advance Income tax against provision for Income tax # Security deposit against office rent has given to Fahim Mansion (5th Floor), 10, Anderkilla, Chittagong as per agreement the amount to be refundable at the time of vacant the office place and this amount has not adjusted against monthly office rent.# There has no advance due by any Director or any associated undertaking. # There are no Advance Deposit & Pre-Payments due for adjustable for a period of more than twelve (12) months from the reporting date expect security money.

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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34 ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

6. Cash and Bank Balance :The details of the above amount is as follows:A. Cash in Hand Dhaka Office 21,522 18,975 Chittagong Office 114,222 135,663 Total (A) 135,744 154,638 B. Cash at Banki. United Commercial Bank Ltd. Jubilee Road Br,Chittagong, CD-A/C No.38236 115,755 115,755 ii. National Credit & Commerce Bank Ltd. Agrabad Br, Chittagong, STD A/C No. 0367 55,451 4,230 iii. The Mercantile Bank Ltd. Agrabad Br, Chittagong, CD-A/C No.4628 20,729 22,894 iv. Premier Bank Ltd. Agrabad Br, Chittagong, CD-A/C No.9699 58,998 60,148 v. National Credit & Commerce Bank Ltd. Motijheel Main Br, Dhaka, STD A/C No.0325000224 1,729 2,824 vi. National Credit & Commerce Bank Ltd. Motijheel Main Br, Dhaka, CD- A/C No.0210003340 43,261 44,411 vii. National Credit & Commerce Bank Ltd. Motijheel Main Br, Dhaka, CD- A/C No.0210029751 1,700 850 viii. National Credit & Commerce Bank Ltd. Motijheel Main Br, Dhaka, CD- A/C No.0210029760 1,700 850 ix. NCC BL BO ID No. 1202090042468278 4,795 5,273 x. NCC BL BO ID No. 1202090042468286 4,201 4,651 Total (B) 308,319 261,886

Total= (A+B) 444,063 416,524

* Cash balance has been physically counted by management team and found in order.* The Bank Balances have been confirmed by the respective bank statement and the Balances were duly reconciled with bank statement.

7. Share Capital:i Authorized Capital: 1,00,00,000 ordinary Shares of Tk. 10/- each 100,000,000 100,000,000 ii. Issued, Called and Paid-up Capital: 24,27,020 Ordinary Shares of Tk. 10/- each, fully paid-up by the sponsors 24,270,200 24,270,200 52,72,980 Ordinary Shares of Tk. 10/- each, fully paid-up by the General Public 52,729,800 52,729,800 77,000,000 77,000,000 The Shareholding ratio is as follows : Particulars Holding Share Percentage

Sponsors 2,427,020 31.52% General Public 4,578,620 59.46% ICB 3,000 0.04% Financial Institution 581,855 7.56% ICB Mutual & Capital Mangaement 4,000 0.05% ICB Unit Fund 55,005 0.71% BSRS 40,500 0.53% ICB Investor 10,000 0.13% 7,700,000 100.00%

There has no Non-resident Shareholders in the Company.

No. of Shareholders Share holding Total holdings Percentage

1355 01-500 280,280 3.64%

380 501-1000 321,860 4.18%

530 1001-5000 1,296,680 16.84%

230 5001-Avobe 5,801,180 75.34%

2495 7,700,000 100.00%

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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35ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

Allotment Date No. of share Face value per share Taka Amount Taka Basis of allotment

1st on 12th December,1994 During Incorporation 500 100 50,000 Cash(banking Channel)

2nd Subscribed by the Sponsors (1994 to 1996) 3,49,500 100 3,49,50,000 Cash(banking Channel)

3rd on 1996 (IPO Application date) 3,50,000 100 3,50,00.000 Cash(banking Channel)

4th on 15 december 2010 (AGM date) 70,000 100 70,00,00010% Bonus share approved on

16th AGM based on the financial Statements June 30, 2010.

Total 7,70,000 100 7,70,00,000

As of December 4th,2011, the company’s share face value split into Tk. 10 each from Tk. 100 to comply with the BSEC notification.

8 Reserve For Re-Investment: TK. 3,900,198 The above amount has been carried forward from previous year.

9 Deferred Tax : Property, Plant & Equipment at Accounting Base 72,783,176 80,250,512 Property, Plant & Equipment at Tax Base 24,375,255 29,211,457 Temporary Difference 48,407,921 51,039,055 Tax rate 25% 25% 12,101,980 12,759,764

10 Long term Loan: i Loan from Prime Finance & Investment Ltd. 63, Dilkusha C/A Dhaka – 1000. 2,877,520 7,856,403 2,877,520 7,856,403 Less: Current Portion (N-10.1) 2,877,520 5,237,602 - 2,618,801

Lender Midas Financing Ltd. Prime Finance & Investment Ltd.

Initial facility Tk. Nil 30,000,000 Installment size per month Tk. Nil 509,175

Security Nil Personal guarantee of DirectorsInterest rate Nil 18%

No. of Installment outstanding Nil 12 Nos out of 60 Nos.Status Unclassified Unclassified

10.1. Current Portion of Long term Loan: Prime Finance & Investment 2,877,520 5,237,602 2,877,520 5,237,602 10.2 Loan Installment Due : Prime Finance & Investment Ltd 3,055,050 - 11. Liabilities for Expenses :

This represents the following:i. Salary 1,064,664 1,355,718 ii Telephone & Fax charges 2,726 1,258 iii Electric charges 190,333 220,138 iv Gas Bill 21,174 19,416 v Auditors’ Remuneration 100,000 100,000 vi WPPF 1,742,024 1,742,024

vii Tax deduction from dividend 864,583 864,583 viii Dividend distribution tax 250,000 250,000 4,235,504 4,553,137

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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36 ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

* Tax deduction from Dividend warrant not yet deposited to Bangladesh Bank.* Most of the above amount subsequently been adjusted.* In the opinion of the Directors no Liabilities in the Balance Sheet are at a value less than the amount at which it is repayable at

the date of the Balance Sheet.* There are no current liabilities due for more than 12 months.

12 Accounts Payable: The Company have purchased Machineries from bonetti S.R.L (Italy) & Raw materials from Qualipoly Chemical Corporation (Taiwan) and Ashland India Pvt. Ltd. on

Under L/C Payable Amount Payable Amount Deferred L/C Payble 6,471,668 8,212,800 Back to Back L/C Payble 3,188,949 2,864,464 9,660,617 11,077,264

13 Unclaimed Dividend: Opening Balance 2,379,796 2,381,246 Addition during the year - - Adjustment during the year (810) (1,450) 2,378,986 2,379,796 The above amount represents dividend warrant not presented to the Bank for payment since long.

14 Provision For Taxation : Opening Balance 7,940,560 7,571,848 Addition during the year 334,807 368,712 Adjustment during the year 8,275,367 7,940,560 The company has incurred loss during the year. So minimum taxation provision has been made.

15 Sales Revenue: Details of the above is as follows:

Sales (Under Local L/C) 2017-2018 2016-2017

Name of the product Quantity in G.G Amount in US$ Amonut in TK Quantity in G.G Amount in US$ Amount in Tk

Button 179,256 620,760 47,829,579 170,972 683,888 52,673,145

16 Cost of Goods Sold: Opening Stock 401,115 477,750 Add: Cost of Production (Note- 16.1) 44,806,332 48,703,516 45,207,447 49,181,266 Less: Closing Stock 1,266,330 401,115 43,941,117 48,780,151 16.1 Cost of Production: Opening work-in-process 117,456 163,418 Add: Raw materials consumed (Note-16.1.1) 21,437,244 20,476,280 Add: Chemicals consumed (Note- 16.1.2) 685,501 2,601,975 Add: Store consumed (Note-16.1.3) 431,225 1,116,672 Add: Packing materials consumed (Note-16.1.4) 242,130 375,934 Add: Manufacturing overheads ( Note- 16.1.5) 22,010,990 24,086,693 44,924,546 48,820,972 Less: Closing work-in-process 118,214 117,456 44,806,332 48,703,516 16.1.1 Raw Materials Consumed: Opening Stock 3,733,622 4,190,262 Add: Purchased (Note-16.1.1.A) 21,019,500 20,019,640 24,753,122 24,209,902 Less : Closing stock 3,315,878 3,733,622 21,437,244 20,476,280

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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37ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

16.1.1.A. Statement of Raw Materials Purchases:

Sl No. Items Quantity (In Kg)i Resin 126,230 17,979,191 16,595,567 ii Styrene Monomer 32,940 1,019,736 1,126,420 iii. Cobult Nepthonate 384 217,432 237,929 iv Pearl Essence 250 1,018,958 400,950 v Cabosil/Aerosil 350 243,822 544,000 vi Pigment 750 540,361 377,774 vii Local purchase - - 737,000 160,904 21,019,500 20,019,640

The above amount of Raw materials have been imported and US$ 2,56,148.15 has been paid.

16.1.1.B. Details of Raw materials Purchase for the period from July’ 17 to June’18 Resin L/C NO. Quantity (In KG) Value In US$ @TK Taka

174317010312 9,000 17,100.00 81.00 1,385,100 174317010317 16,200 26,082.00 81.00 2,112,642 174317010355 34,200 54,378.00 81.00 4,404,618 174317010504 18,000 30,960.00 81.50 2,523,240 174318010126 15,750 29,137.50 82.50 2,403,844 174318010172 16,200 29,970.00 83.70 2,508,489 174318010219 16,880 31,556.25 83.70 2,641,258 Total 126,230 219,183.75 17,979,191

Styrene Monomer : L/C NO. Quantity (In KG) Value In US$ @TK Taka

174317010317 14,400 2,419.20 81.00 195,955 174317010355 14,400 2,404.80 81.00 194,789 174318010126 1,800 3,276.00 82.50 270,270 174318010172 1,440 2,620.80 83.70 219,361 174318010219 900 1,665.00 83.70 139,361 32,940 12,385.80 1,019,736

Cobalt Napthonate L/C NO. Quantity (In KG) Value In US$ @TK Taka

174317010317 96 662.40 81.00 53,654 174317010355 80 552.00 81.00 44,712 174318010126 128 883.20 82.50 72,864 174318010219 80 552.00 83.70 46,202 384 2,649.60 217,432 Pearl Essence L/C NO. Quantity (In KG) Value In US$ @TK Taka174317010504 100 4,950.00 81.50 403,425 174318010126 100 4,950.00 82.50 408,375 174318010219 50 2,475.00 83.70 207,158 Total 250 12,375.00 1,018,958

Cabosil/Aerosil L/C NO. Quantity (In KG) Value In US$ @TK Taka

174317010355 100 850.00 81.00 68,850 174317010504 100 850.00 81.50 69,275 174318010126 100 850.00 82.50 70,125 174318010219 50 425.00 83.70 35,572

350 2,975.00 243,822

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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38 ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

Pigment L/C NO. Quantity (In KG) Value In US$ @TK Taka174317010355 150 1,477.50 81.00 119,678 174317010504 240 1,902.00 81.50 155,013 174318010126 180 1,773.00 82.50 146,272 174318010219 180 1,426.50 83.70 119,398

750 6,579.00 540,361

16.1.1.B. Details of Raw materials Purchase for the period from July’ 16 to June’17

ResinL/C NO. Quantity (In KG) Value In US$ @TK Taka174316010290 32,850 45,715.50 79.00 3,611,524 174316010434 16,880 24,468.75 78.70 1,925,691 174317010123 16,200 28,914.76 80.00 2,313,181 174317010193 31,950 53,388.00 81.00 4,324,428 174316010501 35,860 56,507.00 78.23 4,420,743 Total 133,740 208,994.01 16,595,567

Styrene Monomer :L/C NO. Quantity (In KG) Value In US$ @TK Taka174316010290 2,520 3,477.60 79.00 274,730 174316010434 900 1,269.00 78.70 99,870 174317010123 1,440 2,764.80 80.00 221,184 174317010193 3,240 5,508.00 81.00 446,148 174316010501 1,440 1,080.00 78.23 84,488 9,540 14,099.40 1,126,420

Cobalt NapthonateL/C NO. Quantity (In KG) Value In US$ @TK Taka174316010290 96 662.40 79.00 52,330 174317010123 96 662.40 80.00 52,992 174317010193 160 1104.00 81.00 89,424 174316010501 160 552.00 78.23 43,183 512 2,980.80 237,929

Pearl EssenceL/C NO. Quantity (In KG) Value In US$ @TK Taka174317010193 100 4,950.00 81.00 400,950 Total 100 4,950.00 400,950

PigmentL/C NO. Quantity (In KG) Value In US$ @TK Taka174317010123 60 495.60 80.00 39,648 174317010193 300 2,377.50 81.00 192,578 174316010501 390 1,858.20 78.23 145,548 750 4,731.30 377,774

16.1.2 Chemicals Consumed :

The break-up of the above amount is as follows:

Opening Stock 389,252 327,547 Add: Purchases 768,994 2,663,680 1,158,246 2,991,227 Less : Closing stock 472,745 389,252 685,501 2,601,975

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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39ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

16.1.3 Store Consumed : The break-up of the above amount is as follows: Opening Stock 302,807 207,140 Add: Purchases 476,853 1,212,339 779,660 1,419,479 Less : Closing stock 348,435 302,807 431,225 1,116,672 16.1.4 Packing Materials Consumed : The break-up of the above amount is as follows: Opening Stock 219,636 122,480 Add: Purchases 277,038 473,090 496,674 595,570 Less : Closing stock 254,544 219,636 242,130 375,934 16.1.5 Manufacturing Overheads: Wages and Salary 9,875,389 9,897,872 Gas Charges 127,567 104,354 Electricity Charges 2,322,121 4,275,524 Repairs & Maintenance 452,805 625,194 Electric Fittings 110,751 119,044 Generator Oil 534,605 597,200 Fuel & Lubricant 52,736 46,549 Entertainment 126,486 129,143 Motor Vehicles up-keep 67,148 142,439 Fooding Allowances 136,480 157,317 Insurance Premium 130,000 97,355 Labour Charges 130,615 134,745 Donation & Gift 17,200 28,100 Carrying Charges 194,790 186,690 Conveyance 258,469 204,123 Clearing & Forwarding 195,500 157,609 Depreciation 7,278,328 7,183,435 Total 22,010,990 24,086,693

17 Administrative & Selling Expenses: Salaries & Allowances 2,949,792 3,299,291 Festival Bonus 600,116 813,917 AGM Expenses 136,696 131,620 Fees & Renewals 96,914 93,540 Audit Fee 100,000 100,000 Holding Tax 37,800 55,924 Internet Bill 35,400 27,836 Office Rent 360,000 360,000 Entertainment 46,280 48,462 Conveyance 39,775 51,874 Papers & Periodicals 2,178 2,044 Postage & Stamps 32,182 29,215 Stock Exchange annual listing Fee 100,000 100,000 Telephone Charges 16,773 15,683 Printing & Stationery Expenses 184,369 165,985 Advertisement/ Publicity Expenses 57,600 70,240 BAPLC Annual Fee 15,000 15,000 Miscellaneous Expenses 4,200 4,430 Carriage Outward 88,665 94,345 Business Development Expenses 49,300 48,095 CDBL Annual Fee 56,000 56,000 Website Bill 8,000 8,000 Staff Welfare 25,616 15,335 Depreciation 189,008 221,910 Total 5,231,664 5,828,746

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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40 ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka

18 Financial Expenses: Bank Charges 210,442 154,688 Interest on loan from Midas Financing Ltd - 21,215 Interest on loan from Prime Finance & Investment Ltd. 1,131,217 872,898 1,341,659 1,048,801 19 Other Income/(Loss): Foreign Exchange Gain/(Loss) (747,428) 78,196 20 Basic Earning Per Share (EPS): The Computation of EPS is given below: a) Earning attributable of the ordinary shareholder (Net profit after tax) (3,109,312) (2,890,020) b) Weighted average number of ordinary share outstanding during the year 7,700,000 7,700,000

c) Basic EPS Net profit after tax (0.40) (0.38) number of ordinary share

21 Net Assets Value Per Share: The composition of net assets value per share is given below: Total Assets 87,359,060 94,450,272 Less: Non-Current Liabilities 12,101,980 15,378,565 Current Liabilities 30,483,044 31,188,359 Net Assets Value including Revaluation Surplus 44,774,036 47,883,348 Number of ordinary shares at the year end 7,700,000 7,700,000 Net Assets Value (NAV) : Total Assets- Total liabilities 5.81 6.22 Number of ordinary shares

22 Cash Flow Per Share from operating activities Net Operating Cash Flow 1,952,182 14916819 Number of ordinary shares at the year end 7,700,000 7,700,000 Net Operating Cash Flow Per Share (NOCFPS): Net Operating Cash Flow 0.25 1.94 Number of ordinary shares 23 Proposed Dividend:

The Board of Directors did not Recommend any dividend for the year ended 30th June 2018 in their board meeting dated October 28, 2018 as the Company incurred loss.

24 Production Capacity :The production capacity, actual production and shortfall of the Industrial unit is as follows:

Particulars 2018 2017

G.G Percentage G.G Percentage

Installed Capacity 657,000 100% 657,000 100%

Actual Production 180,907 28% 171,052 26%

Shortfall 476,093 72% 485,948 74%

Reasons For Shortfall:The shortfall of production capacity is due to insufficient selling order, inconsistance of power supply, machine break- down, absence of skilled employees production process. The result of shortfall of production is responsible for making loss by the Company.

25 Contingent liability: The company does not hold any contingent Liability defined in BAS-37.

26 Key Management Employee Benefit:The board of directors are fall in the definition of key management employees of the company. They have not received from the company any remuneration and other benefits from the Company

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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41ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka27 Event after reporting period :

The Board of directors of the company has approved the Financial statement as on 28 October, 2018 no dividend is recommended for the financial year 30 June 2018. Except the fact stated above, no circumstances have arisen that to be disclosed as note or adjusted in the financial statements.

28 Purchase in foreign currency:Disclosure as per para 8 of schedule xi (kha) of the companies Act 1994 regarding purchase made in foreign currency by the company during the year are as follows:SL NO. LC NO. USD1 174317010317 29,163.60 2 174317010312 17,100.00 3 174317010355 59,662.30 4 174317010504 38,662.00 5 174318010126 40,869.70 6 174318010172 32,590.80 7 174318010219 38,099.75 Total 256,148.15

29 Related Party Discloser : The Company has no related party transaction during this year.

30 Reconcillition between Net profit toNet operating cash flow . Profit/ (loss) before tax (3,432,289) Finance cost 1,341,659 Operating profit (2,090,630) Adjustment: Depreciation 7,467,336 Changes in Working capital: (Increase)/ Decrease of inventory (612,258) (Increase)/ Decrease of accounts receivable 467,487 (Increase)/ Decrease of Advance, deposit & Prepayment except AIT 55,150 Increase/ (Decrease) of Accounts payable (1,416,647) Increase/ (Decrease) of Liability for expenses (317,633) 3,552,805 Interest paid (1,341,659) Tax paid (258,964) 1,952,182 31 General For Compliance With Securities Exchanges Rule 1987 a) All shares have been fully called & paid up. b) There were no preference shares issued by the Company. c) There was no guarantee issued by the Company on behalf of their Directors or the Company itself expect suppliers credit. d) No commission was paid to sales agent. e) No expenses was paid as Royalty [as para – 8 (KA) of part – II] in foreign currencies. f ) No brokerage was paid against sales during the year g) There was no sum for which the Company was contingently liable as on 30.06.2018. h) During the year under review there was 8 Nos. of Board Meeting. i) Auditors are paid only statutory audit fee approved by the Shareholders in the last Annual General Meeting. j) The Company earns a foreign currency of US $ 6,20,760 which is included in the sales revenue in BDT. k) There is no Non resident shareholder of the Company. l) There was no foreign exchange remitted to the relevant shareholders during the year under audit. m) The value and percentage of consumption of imported, local Raw Materials and stores are given below.

Value Consumption (%)1) Imported Raw Materials 21,437,244 94.04%2) Local Chemicals 685,501 3.01%3) Local Spare parts 431,225 1.89%4) Local packing Materials 242,130 1.06% 22,796,100 100%

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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42 ANNUAL REPORT & ACCOUNTS

ParticularsFor the Year Ended

June 30 2018For the Year Ended

June 30 2017

Taka Taka n) Goods imported on C & F basis, the details are given below: Name of Item Total Value Raw Materials 21,019,500 o) Total number of employees drawing salary & wages is as follows: a) Drawing salary / wages above or equal Tk. 7,000 P.M. No. of Employees Amount i) Staffs & Workers 15 Nos. 2,949,792 b) Drawing salary / wages above or equal Tk. 5,000 P.M. i) Staffs & Workers 123 Nos. 9,875,389 Total 138 Nos 12,825,181

p) No amount of money was expended by the Company for compensating any member of The Board for special special service rendered.q) There is expenses on account of miscellaneous expenses of Tk. 4,200.

IMAM BUTTON INDUSTRIES LIMITEDNOTES TO THE FINANCIAL STATEMENTFor the year ended June 30, 2018

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43ANNUAL REPORT & ACCOUNTS

ANNEXURE: A

PaticularsC O S T

RateD E P R E C I A T I O N Written Down

value as on 30.06.2018As on 01.07.17 Addition As on 30.06.2018

As on 01.07.2017

During the YearAs on

30.06.2018

Land and Land Development 3,959,952 - 3,959,952 0% - - - 3,959,952

Factory Building & Construction 15,750,973 - 15,750,973 5% 8,807,984 347,149 9,155,133 6,595,840

Boundary Wall 602,005 - 602,005 5% 396,985 10,251 407,236 194,769

Plant and Machinery 212,190,615 - 212,190,615 10% 152,076,117 6,011,450 158,087,567 54,103,048

Diesel Generator 7,240,758 - 7,240,758 10% 5,205,606 203,515 5,409,121 1,831,637

Gas Generator 7,339,500 - 7,339,500 10% 4,496,026 284,347 4,780,373 2,559,127

Motor Vehicle 5,679,116 - 5,679,116 20% 5,406,339 54,555 5,460,894 218,222

Factory Equipments 5,898,433 - 5,898,433 15% 4,698,900 179,930 4,878,830 1,019,603

Furniture and Fixtures 2,330,292 - 2,330,292 10% 1,852,221 47,807 1,900,028 430,264

Water Tank 445,140 - 445,140 10% 395,883 4,926 400,809 44,331

Office Equipments 1,167,019 - 1,167,019 15% 955,744 31,691 987,435 179,584

Office Decoration 1,000,000 - 1,000,000 10% 612,580 38,742 651,322 348,678

Fax, Computer & Photocopy Machine 523,700 - 523,700 20% 485,762 7,588 493,350 30,350

Air Condition 391,000 - 391,000 20% 350,659 8,068 358,727 32,273

Mobile Installation 72,724 - 72,724 20% 69,938 557 70,495 2,229

Electrical Installation 5,203,197 - 5,203,197 20% 4,019,396 236,760 4,256,156 947,041

Gas Line Installation 286,228 - 286,228 0% - - - 286,228

Total as on 30.06.2018 270,080,652 - 270,080,652 189,830,140 7,467,336 1 97,297,476 72,783,176

Total as on 30.06.2017 259,387,592 10,693,060 270,080,652 182,424,795 7,405,345 189,830,140 80,250,512

Note: Depreciation Charged to: 2018 2017

Manufacturing Cost 7,278,328 7,183,435

Administrative Cost 189,008 221,910

7,467,336 7,405,345

IMAM BUTTON INDUSTRIES LIMITEDPROPERTY PLANT & EQUIPMENT AS AT 30TH JUNE 2018

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44 ANNUAL REPORT & ACCOUNTS

Page 45: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

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5| ÔGmBwm/Gm Avi Gg AvB 2000-953/1950, ZvwiL 24/10/2000Õ ÔGmBwm/wm Gg Avi Avi wmwW 2009-193/154 ZvwiL 24/10/2013Õ cªwZcvj‡bi D‡Ï‡k¨ D³ mfvq †hvM`v‡bi Rb¨ †Kvb iKg Lvevi, hvZvqvZ fvZv/m¤§vbx ev †Kvb Dcnvi mvgMÖx cÖ`vb Kiv n‡e bv|

Page 49: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

3evwl©K cÖwZ‡e`b Ges wnmve

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

2018 mv‡ji 30†k Ryb Zvwi‡L mgvß erm‡ii Avw©_©K Ae¯’vi weeiYx cÎ

weeiY wUKvRyb 30,2018 Ryb 30, 2017

UvKv UvKv

cwim¤ú` : ¯’vqx cwim¤ú` : f~wg, hš¿cvwZ ImiÄvg 2 7,27,83,176 8,02,50,512 7,27,83,176 8,02,50,512 PjwZ cwim¤ú` :gRy` cb¨ 3 57,76,146 51,63,888 wewea †`bv`vi 4 7,94,207 12,61,694 AwMÖg cÖ`vb I RvgvbZ 5 75,61,468 73,57,654 bM` I e¨vsK Rgv 6 4,44,063 4,16,524 1,45,75,884 1,41,99,760

‡gvU cwim¤ú` t 8,73,59,060 9,44,50,272 Znwej I `vq t Znwe‡ji Drm :cwi‡kvwaZ g~jab 7 7,70,00,000 7,70,00,000 cyb: wewb‡qvM mwÂwZ 8 39,00,198 39,00,198 Aew›UZ gybvdv (3,61,26,162) (3,30,16,850) 4,47,74,036 4,78,83,348 ¯’vqx `vq t‡WdvW© Ki 9 1,21,01,980 1,27,59,764 `xN© †gqv`x FY 10 - 26,18,801 1,21,01,980 1,53,78,565 PjwZ `vq t`xN©‡gqv`x F‡Yi PjwZ Ask 10.1 28,77,520 52,37,602F‡bi wKw¯Í e‡Kqv 10.2 30,55,050 - e‡Kqv LiP 11 42,35,504 45,53,137 cvIbv`vi 12 96,60,617 1,10,77,264 A`vexK…Z jf¨vsk 13 23,78,986 23,79,796 AvqKi mwÂwZ 14 82,75,367 79,40,560 3,04,83,044 3,11,88,359 ‡gvU Znwej I `vq t 8,73,59,060 9,44,50,272

‡kqvi cÖwZ †bUG‡mU f¨vjy (NAV) 21 5.81 6.22 cÖwZ †kqvi g~j¨ 10 UvKv

Note: 1. The NAV per share has decrerased due to loss for the year. 2. The negative working capital in this year shows financial crisis over last year.The annexed notes are integral part of these Financial statement. These Financial statements were approved by the Board of Directors on October 28, 2018and were signed on it’s behalf by.

(†gvt gwnDÏxb wgqv)‡Kv¤úvbx mwPe

(nvwg`v †eMg )cwiPvjK

(‡gvnv¤§` Avjx )e¨e¯’vcbv cwiPvjK

Signed in terms of our separate report date even annexed.

ZvwiL t XvKv gv‡jK wmwÏKx Iqvjx b‡f¤^i 5,2018 PvUv©W GKvDbU¨v›Um&

Page 50: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

4 evwl©K cÖwZ‡e`b Ges wnmve

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

2018 mv‡ji 30†k Ryb Zvwi‡L mgvß erm‡ii jvf ev ¶wZ I Ab¨vb¨ mgwš^Z/ AšÍ©f~³ Av‡qi weeiYx cÎ

weeiY wUKvRyb 30,2018 Ryb 30, 2017

UvKv UvKv

weµq jã A_© 15 4,78,29,579 5,26,73,145 wewµZ c‡Y¨i Drcv`b e¨q 16 (4,39,41,117) (4,87,80,151) 38,88,462 38,92,994 cÖkvmwbK I weµq LiP 17 (52,31,664) (58,28,746) Avw_©K LiP 18 (13,41,659) (10,48,801) (26,84,861) (29,84,553) Ab¨vb¨ Avq/¶wZ 19 (7,47,428) 78,196 bxU cwiPvjb jvf/ÿwZ (34,32,289) (29,06,357) kªwgK gybvdv Askx`viZ¡ Znwe‡j Pvu`v - - AvqKi c~e© jvf/ÿwZ (34,32,289) (29,06,357) AvqKi ms¯’vb (3,34,807) (3,68,712) ‡WdvW© Ki 6,57,784 3,85,049 (31,09,312) (28,90,020) Ab¨vb¨ mgwš^Z/Aš©Íf~³ Avq - - ‡gvU mgwš^Z/Aš©Íf~³ Avq (31,09,312) (28,90,020) ‡kqvi cÖwZ Avq (EPS) 20 (0.40) (0.38)cÖwZ †kqvi g~j¨ 10 UvKv

Note: The basic EPS(Loss) per share increase in this year over last year as the loss for the year has increase due to decrease of sales revenue.

The annexed notes are integral part of these Financial statement. These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

(†gvt gwnDÏxb wgqv)‡Kv¤úvbx mwPe

(nvwg`v †eMg )cwiPvjK

(‡gvnv¤§` Avjx )e¨e¯’vcbv cwiPvjK

Signed in terms of our separate report date even annexed.

ZvwiL t XvKv gv‡jK wmwÏKx Iqvjx b‡f¤^i 5,2018 PvUv©W GKvDbU¨v›Um&

Page 51: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

5evwl©K cÖwZ‡e`b Ges wnmve

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

2018 mv‡ji 30 ‡k Ryb Zvwi‡L mgvß erm‡ii Znwej wewbgq weeibx

weeiY †kqvi g~jab Ki AeKvk mwÂwZ Aew›UZ gybvdv ‡gvU

RyjvB 01,2017Bs 77,000,000 3,900,198 (3,30,16,850) 4,78,83,348

2017-2018 mv‡ji jvf/(ÿwZ)

- - (31,09,312) (31,09,312)

Ryb 30, 2018Bs 77,000,000 3,900,198 (3,61,26,162) 4,47,74,036

2017 mv‡ji 30 ‡k Ryb Zvwi‡L mgvß erm‡ii Znwej wewbgq weeibx

weeiY †kqvi g~jab Ki AeKvk mwÂwZ Aew›UZ gybvdv ‡gvU

RyjvB 01,2016Bs 77,000,000 3,900,198 (3,01,26,830) 5,07,73,368

2016-2017 mv‡ji jvf/(ÿwZ) - - ( 28,90,020) (28,90,020)

Ryb 30, 2017Bs 77,000,000 3,900,198 (3,30,16,850) 4,78,83,348

Note: The Equity has decreased due to operating loss for the year. The annexed notes are integral part of these Financial statement. These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

(†gvt gwnDÏxb wgqv)‡Kv¤úvbx mwPe

(nvwg`v †eMg )cwiPvjK

(‡gvnv¤§` Avjx )e¨e¯’vcbv cwiPvjK

Signed in terms of our separate report date even annexed.

ZvwiL t XvKv gv‡jK wmwÏKx Iqvjx b‡f¤^i 5,2018 PvUv©W GKvDbU¨v›Um&

Page 52: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

6 evwl©K cÖwZ‡e`b Ges wnmve

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

2018 mv‡ji 30†k Ryb Zvwi‡L mgvß erm‡ii bM` A_© cÖevn weeiYx cÎ

weeiY Ryb 30,2018 Ryb 30, 2017

UvKv UvKv

cwiPvjbv Kvhv©ejx nB‡Z bM` cÖevn tweµq Ges Ab¨vb¨ nB‡Z cÖvß 4,80,50,920 5,46,95,309 KuvPvgvj µq, c‡ivÿ LiP I Ab¨vb¨ Li‡Pi Rb¨ cÖ`vb (4,44,98,115) (3,97,78,490)Avw_©K LiP cÖ`vb (13,41,659) -Ki cÖ`vb (2,58,964) -bxU cwiPvjbv Kvh©vejx nB‡Z bM` ms¯’vb/cÖ`vb 19,52,182 1,49,16,819

wewb‡qvM Kvh©vejx nB‡Z bM` cÖevn t¯’vqx cwim¤ú` AwaMÖnY - (1,06,93,060) wewb‡qvM Kvh©vewj nB‡Z bM` cÖ`vb - (1,06,93,060)

Avw_©K Kvh©vejx nB‡Z bM` cÖevn tFY †diZ (gvBWvm wdbvwÝs wjt) - (4,77,515) FY †diZ (cÖvBg wdbvÝ GÛ Bb‡fó‡g›U wjt) (19,23,833) (39,28,202) wWwf‡WÛ cÖ`vb (810) (1450) bxU Avw_©K Kvhv©ejx nB‡Z bM` ms¯’vb/(cÖ`vb) (19,24,643) (44,07,167)

bM` I e¨vsK Rgvi e„w×/(nªvm) 27,539 (1,83,408) cÖviw¤¢K bM` I e¨vsK Rgv 4,16,524 5,99,932 mgvcbx bM` I e¨vsK Rgv 4,44,063 4,16,524

‡kqvi cÖwZ bxU Acv‡iwUs bM` cÖevn (NOCFPS) 22 0.25 1.94 cÖwZ †kqvi g~j¨ 10 UvKv

Note: The net Operating Cash Flow Per Share has decreased in this year over last year, due to effect of loss from operating mainteance of investment in working capital.

The annexed notes are integral part of these Financial statement. These Financial statements were approved by the Board of Directors on October 28, 2018 and were signed on it’s behalf by.

(†gvt gwnDÏxb wgqv)‡Kv¤úvbx mwPe

(nvwg`v †eMg )cwiPvjK

(‡gvnv¤§` Avjx )e¨e¯’vcbv cwiPvjK

Signed in terms of our separate report date even annexed.

ZvwiL t XvKv gv‡jK wmwÏKx Iqvjx b‡f¤^i 5,2018 PvUv©W GKvDbU¨v›Um&

Page 53: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

7evwl©K cÖwZ‡e`b Ges wnmve

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

2018 mv‡ji 30 †k Ryb Zvwi‡L mgvß erm‡ii Dci wUKv mg~n

1. Avw_©K weeibxi ¸iæZ¡c~Y© bxwZ Ges Z_¨K. †Kv¤úvbx MVbtBgvg evUb& BÛvwóªR wjt 1994 mv‡ji 12Bs wW‡m¤^i cÖvB‡fU †Kv¤úvbx wnmv‡e wbewÜZ nq Ges cieZx©‡Z 1994 mv‡ji †Kv¤úvbx AvBb †gvZv‡eK Bnv cvewjK wjwg‡UW †Kv¤úvbx‡Z iƒcvšÍwiZ nq Ges †mB mv‡_ XvKv I PÆMÖvg óK G·‡PÄ Gi ZvwjKvfz³ nq|

L. e¨emvqxK Kvh©µ‡gi cÖK…wZ I Ae¯’vb tBnv GKwU 100% fvM ißvbxgyLx evUb& (†evZvg) wkí cÖwZôvb hv PÆMÖv‡gi 49/G, †dŠR`vinvU fvix wkí GjvKvq Aew¯’Z hv wek¦ evRv‡i evUb& ißvbx K‡i _v‡K|

M. wnmve iÿY c×wZ t‡Kv¤úvbxi Kvh©µg fwel¨‡ZI Pvjy _vK‡e we‡ePbvq,cywÄZ wnmv‡ei wfwˇZ HwZn¨MZ cwie¨q bxwZ Ges AvšÍ©RvwZK wnmve iÿ‡Yi gvb hvnv evsjv‡`‡k cÖ‡hvR¨ I 1994 mv‡ji †Kv¤úvbx AvBb, óK G·‡P‡Äi ZvwjKvfzw³i wbqg, 1987 mv‡ji evsjv‡`k wmwKDwiwUR GÛ G·‡PÄ Kwgk‡bi wbqg I AvBb Ges evsjv‡`‡ki wbqg bxwZ e¨ZxZ b‡n|

N. m¤úwË, hš¿cvwZ I miÄvgvw`i gyj¨vqb I Gi AePq tAvšÍ©RvwZK wnmvegvb AvB G Gm -16 m¤úwË, hš¿cvwZ I miÄvgvw` Abymv‡i m¤úwË, hš¿cvwZ I miÄgvw`i HwZnvwmK g~j¨ †_‡K AePq ev` w`‡q wnmvefy³ Kiv n‡q‡Q| HwZnvwmK g~j¨ ej‡Z m¤úwË AR©‡bi e¨q‡K eySvq Ges Gi g‡a¨ AšÍ©f~³ µq g~j¨ Ges m¤úwË e¨envi Dc‡hvMx Kivi Rb¨ mivmwi hv e¨q nq Z‡e F‡Yi my` Aš©Íf~³ Kiv nqwb, f~wg I f~wg Dbœqb Gi Dci AePq avh© Kiv nqwb| Ab¨ mKj m¤úwË gvwmK e¨env‡ii mg‡qi Dci wfwË K‡i µgn«vmgvb I †givgZ e¨q‡K LiP Ges eo ai‡bi cwie©Zb, cwieab© e¨q‡K g~jabvwqZ Kiv n‡q‡Q| †Kvb m¤úwË weµq/ mgš^‡qi †ÿ‡Î Gi HwZnvwmK g~j¨ Ges mwÂwZ AePq m¤úwËi ZvwjKv †_‡K ev` w`‡q †`Lv‡bv n‡q‡Q Ges Gi Dci AwR©Z jvf/†jvKmvb eZ©gvb mg‡qi jvf/ †jvKmvb wnmv‡e wnmve fy³ Kiv n‡q‡Q|

evwl©K AeP‡qi nvi twewìshš¿cvwZAvmevc·gvUiMvoxAwdm miÄvg‰e`y¨wZK miÄvg

5%10%10%20%15%20%

O. gRyZ cY¨ tb~b¨Zg Mo g~j¨ Ges Av`vqK…Z g~‡j¨i Dci wfwË K‡i gRyZ c‡Y¨i g~j¨vqb Kiv n‡q‡Q| gRyZ cY¨ g~j¨vq‡bi Rb¨ †h mKj c×wZ MÖnY Kiv n‡q‡Q Zv wbgœiƒctµwgK bs1.2.3.4.5.6.

`dvKvuPvgvjAmgvß cY¨‰Zix cY¨ivmvqwbK `ªe¨LyPiv hš¿vskc¨vwKs `ªe¨vw`

g~j¨vqb c×wZMo µq g~j¨µqg~‡j¨i mv‡_ †hvM cwie¨q mg~nMo µq g~j¨Mo µq g~j¨Mo µq g~j¨Mo µq g~j¨

P . µq weµq Ges Ab¨vb¨ cÖvwß wnmve tg~j Pvjvb c‡Îi g~‡j¨i wfwˇZ ˆZixK…Z Ges Ab¨vb¨ cÖvw߸wj wbivcËvnxb hvnv Av`vq‡hvM¨ we‡ewPZ|

Q . bM` Ges bM‡`i mgZzj t

bM` A_© cÖevn weeibx hvnv ÔAvšÍ©RvwZK wnmve gvb-7Õ Abyhvqx ‰ZixK…Z| bM` hvnv nv‡Z bM` I wWgvÛ Rgv hvnv Zvij¨ e‡j we‡ewPZ| Avš©ÍRvwZK wnmve gvb-1 Abyhvqx A_©‰bwZK wnmv‡ei Dc¯’vcb ewj‡Z eySvq bM` I †PK Ges bM` Zz‡j¨i g‡a¨

Page 54: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

8 evwl©K cÖwZ‡e`b Ges wnmve

†Kvb evav bvB| ÔAvšÍ©RvwZK wnmve gvb -7 I 1 , Abyhvqx nv‡Z bM` Ges e¨vs‡Ki †Ri‡KB bM` I bM‡`i mgZzj wnmv‡e we‡ePbvq aiv n‡q‡Q|

R. cvIbv`vi I `vqmg~nt`vqmg~n ewj‡Z eySvq cb¨ I ‡mevi Rb¨ fwel¨‡Z cwiv‡kva Kwi‡Z nB‡e hvnv mieivnKvix KZ…©K wej Kiv nBqv‡Q ev nB‡e|

S. Kiv‡ivcYt‡Kv¤úvbxi PjwZ erm‡i ÿwZ mvwaZ n‡q‡Q| ZvB ïay b~¨bZg AvqKi mwÂwZ ivLv n‡q‡Q|

T. kÖwgK gybvdv Askx`vixZ¡ Znwej t‡Kv¤úvbxi PjwZ erm‡i ÿwZ mvwaZ nIqvq †Kvb iKg A_© kªwgK gybvdv Askx`vwiZ¡ Znwe‡j ivLv nq bvB|

U. ‰e‡`wkK gy`ªvi cwieZ©b t‰e‡`wkK gy`ªvi cwieZ©‡bi †ÿ‡Î Kvh©¨ cwiPvjbvi w`b †h nvi wQj †mB nvi Abyhvqx ˆe‡`wkK gy`ªv‡K UvKvq iƒcvšÍi Kiv n‡q‡Q Ges nv‡Z †h ˆe‡`wkK gy`ªv wQj Zv DØ„Ëc‡Îi w`‡bi nvi Abyhvqx iƒcvšÍi Kiv n‡q‡Q|

V. Av‡qi ¯^xK…wZ twe‡µZvi wbKU gvwjKvbvi SuzwK ¯’vbvšÍ‡ii ci ciB †Kv¤úvbxi Avq wnmv‡e Mb¨ Kiv nq|

W. bM` A_© cÖevn weeiY t1987 m‡bi wmwKwDwiwUR GÛ G·‡PÄ Kwgkb KZ…©K cÖ‡`q cÖZ¨ÿ c×wZ‡Z bM` cÖev‡ni Kvh©¨µg cwiPvjbv Kiv nBqv‡Q hvnv ÒAvš©ÍRvwZK wnmve gvb-7Ó Abyhvqx bM` A_© cÖevn weeiYx ˆZix Kiv nBqv‡Q|

X. Avw_©K weeibx ˆZix‡Z AvbygvwbK e¨env‡ii SuzwuK Ges AwbðqZv mg~n tAvw_©K wnmve cÖ¯yÍ͇Z AvšÍ©RvwZK wnmve gvb Abymv‡i e¨e¯’vcK‡`i cÖv°jb I Abygvb cÖ‡qvRb nq hv Gi Avw_©K wnmv‡e cÖ`wk©Z m¤ú`, ̀ vq, Avq I e¨q Gi Dci cÖfve c‡o| cªv°wjZ e¨q I cÖK…Z e¨‡qi g‡a¨ cv_©K¨ _vK‡Z cv‡i| ̀ xN©‡gqv`x Pzw³, AePq, Ki, mwÂwZ, Kg©KZ©v I Kg©Pvixi myweav cwiKíbvi †ÿ‡Î cÖv°jb Kiv n‡q _v‡K|

Y. ‡kqvi cÖwZ Avq ( BwcGm)tAvšÍ©RvwZK wnmv‡ei gvb 33 Abyhvqx †kqvi cªwZ Avq (BwcGm) wba©viY Kiv nBqvv‡Q hvnv jvf- †jvKmvb wnmv‡e cÖ`wk©Z nBqv‡Q|

Z. †kqvi cÖwZ †gŠwjK Avq tBnv †gŠwjK Avq‡K Bmy¨K…Z †kqvi Øviv wefv‡R¨i gva¨‡g wbb©q Kiv nBqv‡Q|

_. wnmvecÎ ˆZix I Dc¯’vcbvi SuzwK t1994 mv‡ji †Kv¤úvbx AvB‡bi 183 aviv Abymv‡i †Kv¤úvbxi wnmvecÎ ̂ Zix I Dc¯’vcbvi SuzwK e¨e¯’vcbv KZ…©c‡ÿi Dci b¨¯Í|

`. Zvij¨ †gŠwjK Avq teZ©gvb erm‡ii †kqvi cÖwZ Av‡qi †Kvb Wvqv‡jmb Kivi cÖ‡qvRb nq bvB, †mBRb¨ †Kvb Wvqv‡jmb wbY©‡qi AvIZvq Av‡m bvB|

a. cÖPwjZ gy`ªvi weeiY tAvw_©K weeiYx‡Z UvKvi KvQvKvwQ c~Y© UvKv wbY©q Kiv nBqv‡Q|

b. Avw_©K weeiYxi mgq tD³ †Kv¤úvbxi Avw_©K weeiYx RyjvB 01,2017 nB‡Z Ryb 30,2018 ch©šÍ e¨vc„Z|

c. Zzjbvg~jK Z_¨ tD³ †Kv¤úvbxi Z_¨ hv c~e©eZx© ermi 2016-2017 mv‡ji mv‡_ †hLv‡b †h fv‡e eZ©gvb erm‡ii eySvq †mfv‡e Avw_©K weeiYx cÖ¯‘Z Kiv nBqv‡Q| eZ©gvb erm‡ii mv‡_ Zzjbvg~jK we‡køl‡Yi Rb¨ 2016-2017 mv‡ji AsK‡K †hLv‡b ‡hfv‡e mgš^‡qi cÖ‡qvRb Zvnv eZ©gvb erm‡ii mv‡_ wgj †i‡L Kiv nBqv‡Q|

d. AvšÍ©RvwZK wnmv‡ei gvb 10 Abyhvqx DØ„Ëc‡Îi cieZ©x NUbvi NUbv we‡kølY tAvw_©K weeibx e¨enviKvix M‡bi Avw_©K weeiYxi mwVK g~j¨vqb I wm×v‡šÍi †ÿ‡Î DØ„Ëc‡Î †Kvb we‡kl NUbv ev ̧ iæZ¡c~Y© †Kvb Z_¨ bv _vKvq we‡kølY Kiv nq bvB|

e. m¤úwK©Z e¨emvqxi mwnZ †jb‡`b tAÎ †Kv¤úvbxi eZ©gvb erm‡ii †Kvb m¤úwK©Z cvwU©i mv‡_ †Kvb e¨emvwqK †jb‡`b bvB|

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 55: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

9evwl©K cÖwZ‡e`b Ges wnmve

weeiYRyb 30,2018 Ryb 30,2017

UvKv UvKv

2. f‚wg, hš¿cvwZ I miÄvg :

LiP:cÖviw¤¢K e¨v‡jÝ 27,00,80,652 25,93,87,592 PjwZ gv‡mi †hvM/mgš^q - 1,06,93,060 ‡gvU LiP 27,00,806,52 27,00,80,652

cyÄxf~Z AePq :cÖviw¤¢K e¨v‡jÝ (18,98,30,140) (18,24,24,795) PjwZ erm‡ii AePq mshyw³ - K (74,67,336) (74,05,345) mgvcbx e¨v‡jÝ (19,72,97,476) (18,98,30,140) AePq ev‡` ‡gvU g~j¨ 7,27,83,176 8,02,50,512 we¯ÍvwiZ mshyw³- K G `ªóe¨

3. gRyZ cY¨ t Bnvi wek` weeiY wb‡gœ †`Iqv nj tKvuPv gvj (wUKv-3.1)Amgvß cY¨ (wUKv-3.2)‰Zix cY¨ (wUKv-3.3)ivmvqwbK `ªe¨ (wUKv-16.1.2)LyPiv hš¿vsk (wUKv-16.1.3)c¨vwKs mvgMÖx (wUKv-16.1.4)

33,15,8781,18,214

12,66,3304,72,7453,48,4352,54,544

5,776,146

37,33,6221,17,4564,01,1153,89,2523,02,8072,19,636

51,63,888

- Mogyj¨ I †bU wi‡qjvB‡Rej g~‡j¨i g‡a¨ hvnv Kg Zvnv gRyZ c‡Y¨i g~j¨vq‡bi c×wZ wnmv‡e †bIqv n‡q‡Q|- gRyZ c‡Y¨i w¯’wZ DØ„Ëc‡Îi w`‡b †Kv¤úvbxi e¨e¯’vcbv Kg©KZ©v I wbixÿK‡`i mgš^‡q MwVZ ̀ ‡ji gva¨‡g ‡bIqv n‡q‡Q|- PjwZ erm‡ii gRy` cY¨ mKj †ÿ‡Î eÜKx gy³ Av‡Q|

3.1 KuvPvgvj t µt bs01.02.03.04.05.06.07.08.09.10.11.12.13.

`dv†iwRbGwm‡UvbóvBwib g‡bvgvi ‡Kvevë †bc‡_v‡bBUGg.B.†K.wcc¨vivwdb Iqv·cvj© G‡mÝwcM‡g›UwcDwgK cvDWvigvB‡µv fv‡qv‡jU cvDWviwjKzBW Iqv·BDwfU¨v· cvDWvi‡K‡evwmj

cwigvY 10853 †KwR

- †KwR 2700†KwR 179 †KwR

65 †KwR 28 †KwR

136 †KwR 415 †KwR

50 †KwR - †KwR

67 †KwR 01 †KwR

330 †KwR 14,824 †KwR

15,83,010-

3,89,61096,33828,899

7,6445,25,0964,28,903

1,755-

12,43323,400

218,7903,315,878

24,86,01217,971

2,14,81286,112

1,66,72513,650

1,93,0502,89,380

5,26526,9104,805

23,4002,05,530

37,33,622

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 56: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

10 evwl©K cÖwZ‡e`b Ges wnmve

3.2 Amgvß cY¨ t µt bs

01.02.03.04.05.06.07.08.09.10.11.

`dv

‡iwRbGwm‡Uvb óvBwib g‡bvgvi‡Kvevë †bc‡_v‡bBUGg.B.†K.wcwjKzBW Iqv· cvj© G‡mÝ wcM‡g›U wcDwgK cvDWviAvi‡gv‡Rj‡K‡evwmj

cwigvY

450 †KwR 60 †KwR 25 †KwR 10 †KwR 07 †KwR 10 †KwR 05 †KwR 05 †KwR 15 †KwR

- †KwR10 †KwR

597 †KwR

65,6376,7393,6085,3823,1121,716

19,3055,168

527-

70201,18,214

58,6174,4932,6525,3828,8921,716

19,3055,167

70210,530

-1,17,456

3.3 ‰Zix cY¨ tBnvi wek` weeiY wb‡gœ †`qv nj

µ.bs `dv 01. 14 jvBb02. 16 jvBb03. 18 jvBb04. 20 jvBb05. 22 jvBb06. 24 jvBb07. 26 jvBb08. 28 jvBb09. 30 jvBb10. 32 jvBb11. 36 jvBb12. 40 jvBb13. 44 jvBb

cwigvY 190 wR.wR 260 wR.wR

780 wR.wR 290 wR.wR

160 wR.wR 260 wR.wR 150 wR.wR 140 wR.wR

40 wR.wR 30 wR.wR 15 wR.wR 10 wR.wR

- wR.wR2325 wR.wR

74,1001,01,4003,04,2001,35,720

87,3601,62,2401,22,8501,36,500

46,80037,44030,42027,300

-12,66,330

35,10015,600

1,24,80014,04019,11018,72028,66519,50035,10024,96020,28021,84023,400

4,01,115

4. wewea †`bv`vi t 7,94,207 12,61,694

wewea †`bv`vi †_‡K UvKv Av`vq n‡e:

†`bv`vi‡`i cvIbv BwZg‡a¨ Av`vq n‡q‡Q Ges DØ„Ë c‡Îi ZvwiL nB‡Z 1 erm‡ii †ekx †Kvb cvIbv evKx bvB|

- e¨w³MZ RvgvbZ Qvov †`bv`vi‡`i wbKU nB‡Z Ab¨ †Kvb RvgvbZ †bIqv nq bvB|- cwiPvjK‡`i (e¨e¯’vcbv cwiPvjKmn) wbKU †Kvb cywÄf‚Z UvKv †Kv¤úvbxi `vex/ cvIbv bvB|- mn‡hvMx cÖwZôv‡bi wbKU †Kv¤úvbxi †Kvb `vex/ cvIbv bvB|

5. AwMÖg cÖ`vb I RvgvbZ tD³ †Ri wb‡gœv³ Dcv‡q ˆZix Kiv n‡q‡Qt

K. AwMÖg t †eZ‡bi wecix‡Z Kg©Pvix‡`i cÖ`vbAwMÖg AvqKi

47,00064,72,19165,19,191

1,02,15062,13,22763,15,377

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

30 w`‡bi g‡a¨ 60 w`‡bi g‡a¨ 90 w`‡bi g‡a¨ 90 w`‡bi c‡i 1,19,131 1,58,841 1,98,552 3,17,683

Page 57: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

11evwl©K cÖwZ‡e`b Ges wnmve

L. wbivcËv RvgvbZ t

†Uwj‡dv‡bi wecix‡Z wUGÛwU †ev‡W© RgvAwdm fvovi wecix‡Z wbivcËv RvgvbZwm wW we Gj G wbivcËv RvgvbZ

‡gvU (K+L)

1,46,5007,23,3401,72,437

10,42,27775,61,468

1,46,500 7,23,340 1,72,437

10,42,277 73,57,654

5.1 Av`v‡qi weeiY:

AwMÖg cÖ`vb I RvgvbZ 12 gv‡mi g‡a¨ Av`vq †hvM¨ 65,19,191 63,15,377 AwMÖg cÖ`vb I RvgvbZ 12 gv‡mi c‡i Av`vq †hvM¨ 10,42,277 10,42,277 75,61,468 73,57,654

- †eZ‡bi wecix‡Z †h AMªxg cÖ`vb Kiv n‡q‡Q Zv wbqwgZ fv‡e gvwmK †eZb n‡Z Av`vq Kiv n‡”Q|- wbivcËv RvgvbZ miKvix cÖwZôvb Ges wewae× KZ…©c‡ÿi wbKU Rgv ivLv n‡q‡Q, hv wbivc`|- AwMÖg AvqKi AvqKi ms¯’v‡bi wecix‡Z †`Iqv n‡q‡Q|- dvwng g¨vbkb (6ô Zjv),10, Av›`iwKjøv, PÆMÖvg G wbivcËv RvgvbZ †`Iqv n‡q‡Q Awdm fvovi wecix‡Z hv

Awdm cwieZ©b ev †gqv` †k‡l †diZ‡hvM¨ Ges Bnv gvwmK Awdm fvovi mwnZ mgš^q‡hvM¨ b‡n|- cwiPvjK Ges mn‡hvMx cÖwZôv‡bi wbKU †Kv¤úvbxi †Kvb AMÖxg bvB|- DØ„Ë c‡Îi ZvwiL nB‡Z 12 gv‡mi †ekx wbivcËv RvgvbZ e¨ZxZ FY Ges AMªxg bvB|

6. bM` I e¨vs‡K Rgv t GB †Ri wb‡gœv³ fv‡e ˆZwi Kiv n‡q‡QtK. nv‡Z bM` t

XvKv AwdmPÆMÖvg Awdm

L. e¨vs‡K Rgv1. BDbvB‡UW Kgvwk©qvj e¨vsK wjwg‡UW Rywejx †ivW kvLv, PÆMÖvg| wm/wW wnmve bs 382362.b¨vkbvj †µwWU GÛ Kgvm© e¨vsK wjwg‡UW AvMÖvev` kvLv, PÆMÖvg| GmwUwW wnmve bs 03673. w` gv‡K©›UvBj e¨vsK wjt, AvMÖvev`, kvLv PÆMªvg| wmwW wnmve bs 46284. wcÖwgqvi e¨vsK wjwg‡UW, AvMÖvev`, kvLv PÆMªvg| wmwW wnmve bs 96995. b¨vkbvj ‡µwWU GÛ Kgvm© e¨vsK wjwg‡UW gwZwSj cÖavb kvLv, XvKv, Gm.wU.wW wnmve bs 03250002246. b¨vkbvj ‡µwWU GÛ Kgvm© e¨vsK wjwg‡UW gwZwSj cÖavb kvLv, XvKv, wmwW wnmve bs 02100033407. b¨vkbvj ‡µwWU GÛ Kgvm© e¨vsK wjwg‡UW gwZwSj cÖavb kvLv, XvKv, Gm.wU.wW wnmve bs 02100297518. b¨vkbvj ‡µwWU GÛ Kgvm© e¨vsK wjwg‡UW gwZwSj cÖavb kvLv, XvKv, wmwW wnmve bs 02100297609. Gb. wm. wm. we. Gj we. I AvB wW bs 120209004246827810. Gb. wm. wm. we. Gj we. IAvB wW bs 1202090042468286

†gvU (K+L)

21,522

1,14,2221,35,744

1,15,755

55,45120,72958,998

1,729

43,261

1,700

1,7004,7954,201

3,08,319

4,44,063

18,975

1,35,6631,54,638

115,755

4,23022,89460,148

2,824

44,411

850

8505,2734,651

2,61,886

4,16,524

- bM` DØ„Ë e¨e¯’vcbv KZ…©cÿ Ges wbixÿK Df‡qB cixÿv Kwiqv‡Q Ges nv‡Z bM`I Gi cÖZ¨qb cÎ e¨e¯’vcbv KZ©„cÿ Avgv‡`i wbKU cÖ`k©b Kwiqv‡Q|

- e¨vs‡K Rgv UvKv mswkøó e¨vsK weeiYxi gva¨‡g wbwðZ Kiv nBqv‡Q Ges mwVK cvIqv †M‡Q|

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 58: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

12 evwl©K cÖwZ‡e`b Ges wnmve

7. †kqvi g~jab tK. Aby‡gvw`Z g~jabt

1,00,00,000 mvaviY †kqvi cÖwZwU 10 UvKv `‡iL. wewjK…Z, ZjeK…Z Ges cwi‡kvwaZ g~jabt

24,27,020 mvaviY †kqvi cÖwZwU 10/ UvKv `‡im¤ú~Y© D‡`¨v³vMb KZ…©K MÖnYK…Z52,72,980 mvaviY †kqvi cwZwU 10/- UvKv `‡im¤ú~Y© mvaviY †kqvi †nvìviMY KZ„©K MÖnYK…Z

100,000,000

2,42,70,200

5,27,29,800 77,000,000

10,00,00,000

2,42,70,200

5,27,29,8007,70,00,000

†kqvi avi‡bi AbycvZ wb‡gœ †`Iqv njt

weeiY D‡`¨v³vM‡bi †kqvimvaviY †kqviAvBwmweAvw_©K cÖwZôvbAvB wm we wgDPzqvj dvÛ I K¨vwcU¨vj g¨v‡bRg¨v›UAvBwmwe BDwbU dvÛweGmAvi GmAvB wmwe Bb‡fói

‡kqvi aviY 24,27,02045,78,620

3,0005,81,855

4,00055,00540,50010,000

77,00,000

kZKiv nvi 31.52%59.46%0.04 %7.56%0.05%0.71%0.53%0.13%

100.00%

D‡jøL¨ †h, †Kv¤úvbx‡Z †Kvb cÖevmx †kqvi‡nvìvi bvB|

†kqvi‡nvìvi msL¨v †kqvi aviY †gvU †kqvi aviY kZKiv nvi

1,355380530230

01-500501-1000

1001-50005001- Gi Dc‡i

2,80,2803,21,860

12,96,68058,01,180

3.64% 4.18%

16.84% 75.34%

2,495 - 77,00,000 100.00%

GjU‡g‡›Ui ZvwiL‡kqv‡ii msL¨v

cÖwZ †kqv‡ii g~j¨ UvKvq

UvKvi wnmve ‡ewmm GjU‡g›U

1g 12/12/1994 BbK‡c©v‡ikb mg‡q 500 100 50,000 bM` (e¨vswKs P¨v‡bj)

2q D‡`¨v³vM‡bi Øviv mveK&ªvBeW (1994-1996) 3,49,500 100 3,49,50,000 bM` (e¨vswKs P¨v‡bj)

3q 1996 mv‡j (&&AvB.wc.I Av‡e`‡b ZvwiL) 3,50,000 100 3,50,00,000 bM` (e¨vswKs P¨v‡bj)

4_© 15/12/2010 mv‡j G.wR.Gg Zvwi‡L 70,000 100 70,00,00010% †evbvm †kqvi 16Zg

G.wR.Gg Gi Avw_©K cÖwZ‡e`b 30/06/2010 Aby‡‡gv`b|

‡gvU 7,70,000 100 7,70,00,000

evsjv‡`k wmwKDwiwUR GÛ G·‡PÄ Kwgk‡bi wb‡`©k †gvZv‡eK 4/12/2011 †Kv¤úvbxi cÖwZ †kqv‡ii g~j¨ 100 UvKv †_‡K 10

UvKvq w¯úøU Kiv nq|

8. cyb t wewb‡qvM mwÂwZ t UvKv 39,00,198 †Kv¤úvbx AvBb ‡gvZv‡eK Ki AeKvk mg‡q Kiv‡ivcY Gi wecix‡Z GB mwÂwZ ivLv nBqv‡Q|

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 59: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

13evwl©K cÖwZ‡e`b Ges wnmve

9. ‡WdvW© Ki:30.06.2018 30.06.2017

wnmve weÁv‡bi Av‡jv‡K f‚wg, hš¿cvwZ I miÄvg 7,27,83,176 8,02,50,512

AvqK‡ii Av‡jv‡K f‚wg, hš¿cvwZ I miÄvg 2,43,75,255 2,92,11,457

mvgwqK e¨eavb 4,84,07,921 5,10,39,055

AvqKi nvi 25% 25%

1,21,01,980 1,27,59764

10. `xN© †gqv`x FYt cÖvBg dvBb¨vÝ GÛ Bb‡fó‡g›U wjt 63, w`jKzkv ev/G, XvKv-1000 †_‡K FY| 28,77,520 78,56,403 28,77,520 78,56,403 ev` PjwZ Ask (†bvU-10.1) 28,77,520 52,37,602 - 26,18,801

weeiY gvBWvm dvBbvwÝs wj: cÖvBg dvBb¨vÝ GÛ Bb‡fóg¨v›U wj:‡jvb †nvìvi Bgvg evUb BÛvwóªR wjt Bgvg evUb BÛvwóªR wjt

Bwbwmqvj d¨vwmwjwU UvKv Nil 30,000,000

gvwmK Bb÷j‡g›U mvBR UvKv Nil 509,175

wmwKDwiwU Nil cwiPvjKM‡Yi cvm©bvj M¨vivw›U

my‡`i nvi Nil 18%

e‡Kqv wKw¯Íi msL¨v Nil 60 wUi g‡a¨ 12 wU

÷vUvm Avb K¬vwmdvBW Avb K¬vwmdvBW

10.1 `xN© †gqv`x F‡Yi PjwZ Ask:

cÖvBg dvBb¨vÝ GÛ Bb‡fó‡g›U wjt 28,77,520 52,37602 †gvU t 28,77,520 52,37602

10.2 F‡Yi wKw¯Í e‡Kqv : 30,55,050 -

11. e‡Kqv LiP tDc‡iv³ e‡Kqv Li‡Pi g‡a¨ wbgœwjwLZ¸wj iwnqv‡QtK. †eZbL. ‡Uwj‡dvb I d¨v· PvR©M. we`y¨r wejN. M¨vm wejO. wbixÿv wdmP. kªwgK gybvdv Askx`vixZ¡ ZnwejQ. jf¨vsk †_‡K KiR. jf¨vsk weZi‡Yi Dci Ki

10,64,6642,726

1,90,33321,174

1,00,00017,42,0248,64,5832,50,000

42,35,504

13,55,7181,258

2,20,13819,416

1,00,00017,42,0248,64,5832,50,000

45,53,137

- wWwf‡WÛ Iqv‡i›U nB‡Z Ki we‡qv‡Mi m¤ú~Y© Ask evsjv‡`k e¨vs‡K Rgv ivLv nq bvB|

- Dc‡iv³ LiPvw`i †ekxi fvMB cieZ©x‡Z mgwš^Z nBqv‡Q|

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 60: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

14 evwl©K cÖwZ‡e`b Ges wnmve

- cwiPvjK‡`i g‡Z †Kvb `vqB hv DØ„Ëc‡Î cÖ`wk©Z nBqv‡Q Zv cÖ‡`q As‡ki †P‡q Kg bq|

- PjwZ e‡Kqv `vqmg~n 12 gv‡mi AwaK bq|

12. cvIbv`vi t‡Kv¤úvbx e‡bwU Gm.Avi.Gj (BZvjx) nB‡Z hš¿cvwZ Ges ‡Kvqvjxcwj †KwgK¨vj K‡c©v‡ikbi (ZvBIqvb) wbKU nB‡Z KuvPvgvj mieivnKvix cvIbv`vi wfwˇZ µq Kwiqv‡Q |

cÖ‡`q Gjwm cÖ‡`q UvKv cÖ‡`q UvKv†WdvW© Gj.wm cÖ‡`q 64,71,668 82,12,800 e¨vK Uz e¨vK Gj.wm cÖ‡`q 31,88,949 28,64,464 96,60,617 1,10,77,264

13. A`vexK…Z jf¨vsk tcÖviw¤¢K e¨v‡jÝ 23,79,796 23,81,246 ‡hvM PjwZ erm‡ii jf¨vsk - - PjwZ erm‡ii mgš^q/cwi‡kva (810) (1450)

23,78,986 23,79,796 Dc‡iv³ `vwe`vi jf¨vsk e¨vs‡K cwi‡kv‡ai Rb¨ Dcv¯’cb Kiv nq bvB|

14. AvqKi mwÂwZ tcÖviw¤¢K e¨v‡jÝ 79,40,560 75,71,848 ‡hvM PjwZ erm‡ii Rb¨ mwÂwZ 3,34,807 3,68,712 82,75,367 79,40,560

‡Kv¤úvbxi PjwZ erm‡i ÿwZ mvwaZ n‡q‡Q| ZvB ïay b~¨bZg AvqKi mwÂZ ivLv n‡q‡Q|

15. cY¨ weµqjä A_© t Bnvi we¯ÍvwiZ weeiY wb‡gœ †`Iqv njt

2017-2018 2016-2017

Drcvw`Z c‡Y¨i bvg cwigvb wRwR‡Zcwigvb BD Gm

Wjvicwigvb UvKvq

cwigvb wRwR‡Z

cwigvb BD Gm Wjvi

cwigvb UvKvq

evUb& 1,79,256 6,20,760 4,78,29,579 1,70,972 6,83,888 5,26,73,145

16. wewµZ c‡Y¨i Drcv`b e¨q t

Bnv wbgœiæ‡c MwVZ tcÖviw¤¢K gRyZ ‡hvM t µq (wUKv -16.1)

ev` t mgvcbx gRy`

4,01,1154,48,06,3324,52,07,447

12,66,3304,39,41,117

4,77,750 4,87,03,516 4,91,81,266

4,01,115 4,87,80,151

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 61: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

15evwl©K cÖwZ‡e`b Ges wnmve

16.1 Drcv`b e¨q tcÖviw¤¢K Amgvß cb¨ ‡hvMt KvuPvgvj mieivn (wUKv 16.1.1)‡hvMt ivmvqwbK `ªe¨vw` e¨envi (16.1.2)‡hvMt LyPiv hš¿cvwZ e¨envi (16.1.3)‡hvMt c¨vwKs `ªe¨vw` e¨envi (16.1.4)‡hvMt Drcv`b Dcwie¨q (16.1.5)

ev` t mgvcbx Amgvß cb¨

1,17,456

2,14,37,2446,85,5014,31,2252,42,130

2,20,10,9904,49,24,546

1,18,2144,48,06,332

1,63,418

2,04,76,280 26,01,975 11,16,672 3,75,934

2,40,86,693 4,88,20,972

1,17,456 4,87,03,516

16.1.1 KvuPvgvj mieivn tcÖviw¤¢K gRy`‡hvMt µq (wUKv -16.1.1. K )

ev` t mgvcbx gRy`

37,33,622

2,10,19,5002,47,53,122

33,15,8782,14,37,244

41,90,262

2,00,19,640 2,42,09,902

37,33,622 2,04,76,280

16.1.1 K KvuPvgvj µ‡qi weeiYx tµt bsK.L.M.N.O.P.Q.

`dv‡iwRbóvBwib g‡bvgvi‡Kvevë †bc‡_v‡bBUcv©j G‡m݇K‡evwmjwcM‡g›U¯’vbxq µq

cwigvY (†KwR‡Z) 1,26,230

32,940 384250350 750

- 1,60,904

1,79,79,191

10,19,736 2,17,432

10,18,958 2,43,822 5,40,361

- 2,10,19,500

16,595,567

1,126,420 2,37,929 4,00,950 5,44,000 3,77,774 7,37,000

2,00,19,640

Dc‡iv³ KvuPvgvj we‡`k †_‡K Avg`vbx Kiv n‡q‡Q hvi g~j¨ eve` 2,56,148.15 BDGm Wjvi e¨q Kiv n‡q‡Q |

16. 1.1. L. 1 RyjvB 2017 †_‡K 30 Ryb 2018 ch©šÍ KvuPvgvj µ‡qi weeiY

†iwRbGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010312 9,000 17,100.00 81.00 13,85,100 174317010317 16,200 26,082.00 81.00 21,12,642 174317010355 34,200 54,378.00 81.00 44,04,618 174317010504 18,000 30,960.00 81.50 25,23,240 174318010126 15,750 29,137.50 82.50 24,03,844 174318010172 16,200 29,970.00 83.70 25,08,489 174318010219 16,880 31,556.25 83.70 26,41,258 †gvU 1,26,230 2,19,183.75 1,79,79,191

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 62: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

16 evwl©K cÖwZ‡e`b Ges wnmve

óvBwib g‡bvgviGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010317 14,400 2,419.20 81.00 1,95,955 174317010355 14,400 2,404.80 81.00 1,94,789 174318010126 1,800 3,276.00 82.50 2,70,270 174318010172 1,440 2,620.80 83.70 2,19,361 174318010219 900 1,665.00 83.70 1,39,361 †gvU 32,940 12,385.80 1,019,736

†Kvevë †bc‡_v‡bUGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010317 96 662.40 81.00 53,654 174317010355 80 552.00 81.00 44,712 174318010126 128 883.20 82.50 72,864 174318010219 80 552.00 83.70 46,202 †gvU 384 2,649.60 2,17,432

cvj© G‡mÝGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010504 100 4,950.00 81.50 4,03,425 174318010126 100 4,950.00 82.50 4,08,375 174318010219 50 2,475.00 83.70 207,158 †gvU 250 12,375.00 1,018,958

‡Kv‡ewmj/G‡ivwmjGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010355 100 850.00 81.00 68,850 174317010504 100 850.00 81.50 69,275 174318010126 100 850.00 82.50 70,125 174318010219 50 425.00 83.70 35,572 †gvU 350 2,975.00 2,43,822

wcM‡g›UGj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010355 150 1,477.50 81.00 1,19,678 174317010504 240 1,902.00 81.50 1,55,013 174318010126 180 1,773.00 82.50 1,46,272 174318010219 180 1,426.50 83.70 1,19,398 †gvU 750 6,579.00 5,40,361

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

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17evwl©K cÖwZ‡e`b Ges wnmve

16. 1.1. L. 1 RyjvB 2016 †_‡K 30 Ryb 2017 ch©šÍ KvuPvgvj µ‡qi weeiY†iwRbGj.wm bs

174316010290174316010434174317010123174317010193174316010501

†gvU

cwigvY (‡KwR‡Z) 32,850

16,880 16,200 31,950 35,860

1,33,740

g~j¨ (BD.Gm. Wjv‡i) 45,715.50 24,468.75 28,914.76 53,388.00 56,507.00

2,08,994.01

UvKvq79.0078.7080.0081.0078.23

‡gvU UvKv 3,611,524

1,925,691 2,313,181 4,324,428 4,420,743

16,595,567

óvBwib g‡bvgviGj.wm bs174316010290174316010434174317010123174317010193174316010501 †gvU

cwigvY (‡KwR‡Z) 2,520

900 1,440 3,240 1,440 9,540

g~j¨ (BD.Gm. Wjv‡i) 3,477.60 1,269.00 2,764.80 5,508.00 1,080.00

14,099.40

UvKvq79.0078.7080.0081.0078.23

‡gvU UvKv 2,74,730

99,870 2,21,184 4,46,148

84,488 11,26,420

†Kvevë †bc‡_v‡bUGj.wm bs174316010290174317010123174317010193174316010501 †gvU

cwigvY (KwR‡Z) 96

96160160 512

g~j¨ (BD.Gm. Wjv‡i) 662.40

662.401104.00552.00

2,980.80

UvKvq79.0080.0081.0078.23

‡gvU UvKv 52,330

52,992 89,424 43,183

2,37,929

cvj© G‡mÝGj.wm bs174317010193 †gvU

cwigvY (KwR‡Z) 100

100

g~j¨ (BD.Gm. Wjv‡i) 4,950.00

4,950.00

UvKvq81.00

‡gvU UvKv 4,00,950

4,00,950 ‡Kv‡ewmj/G‡ivwmj

Gj.wm bs174316010290174317010193†gvU

cwigvY (‡KwR‡Z) 400 200 600

g~j¨ (BD.Gm. Wjv‡i) 3,400.00

3,400.00 6,800.00

UvKvq79.0081.00

‡gvU UvKv 2,68,600 2,75,400 5,44,000

wcM‡g›U

Gj.wm bs cwigvY (‡KwR‡Z) g~j¨ (BD.Gm. Wjv‡i) UvKvq ‡gvU UvKv

174317010123 60 495.60 80.00 39,648 174317010193 300 2,377.50 81.00 1,92,578 174316010501 390 1,858.20 78.23 1,45,548 †gvU 750 4,731.30 3,77,774

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

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18 evwl©K cÖwZ‡e`b Ges wnmve

16.1.2 ivmvqwbK `ªe¨vw`i e¨envi :Bnv wb‡gœiæ‡c MwVZ :

cÖviw¤¢K gRy` 3,89,252 3,27,547 ‡hvM: µq (¯’vbxq) 7,68,994 26,63,680 11,58,246 29,91,227 ev`: mgvcbx gRy` 4,72,745 3,89,252 6,85,501 26,01,975 16.1.3 LyPiv hš¿vsk e¨envi tBnv wb‡gœiæ‡c MwVZ : cÖviw¤¢K gRy` 3,02,807 2,07,140 ‡hvM: µq (¯’vbxq) 4,76,853 12,12,339 7,79,660 14,19,479 ev`: mgvcbx gRy` 3,48,435 3,02,807 4,31,225 11,16,672

16.1.4 c¨vwKs `ªe¨vw` e¨envi tBnv wb‡gœiæ‡c MwVZ : cÖviw¤¢K gRy` 2,19,636 1,22,480 †hvM: µq (¯’vbxq) 2,77,038 4,73,090 4,96,674 5,95,570 ev`: mgvcbx gRy` 2,54,544 2,19,636 2,42,130 3,75,934

16.1.5 Drcv`b Dcwie¨q tBnv wbgœiƒ‡c MwVZt gRyix I †eZb 9,875,389 9,897,872 M¨vm wej 1,27,567 1,04,354 we`y¨r LiP 23,22,121 4,275,524 hš¿cvwZ I iÿYv‡eÿY 4,52,805 6,25,194 ‰e`y¨wZK miÄvg 1,10,751 1,19,044 †Rbv‡iUi †Zj 5,34,605 5,97,200 R¡vjvbx LiP 52,736 46,549 Avc¨vqb LiP 1,26,486 1,29,143 gUiMvox iÿbv‡eÿb 67,148 1,42,439 kªwgK‡`i bv¯Ív LiP 1,36,480 1,57,317 exgv wcÖwgqvg 1,30,000 97,355 kªwgK LiP 1,30,615 1,34,745 Pvu`v I Dcnvi mvgMÖx 17,200 28,100 cwienb LiP 1,94,790 1,86,690 hvZvqvZ LiP 2,58,469 2,04,123 gvj Lvjvm LiP 1,95,500 1,57,609 AePq 72,78,328 71,83,435 ‡gvU 2,20,10,990 24,086,693

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 65: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

19evwl©K cÖwZ‡e`b Ges wnmve

17. cÖkvmwbK I wecbb e¨qt

Bnv wbgœiƒ‡c MwVZt

†eZb I fvZv 29,49,792 32,99,291

Drme †evbvm 600,116 8,13,917

evwl©K mvaviY mfv LiP 1,36,696 1,31,620

bevqb wdm 96,914 93,540

wbixÿv wdm 1,00,000 1,00,000

†cŠi Ki 37,800 55,924

B›Uvi‡bU wej 35,400 27,836

Awdm fvov 3,60,000 3,60,000

Avc¨vqb LiP 46,280 48,462

hvZvqvZ LiP 39,775 51,874

msev`cÎ 2,178 2,044

WvK LiP 32,182 29,215

óK G·‡PÄ evwl©K wdm 1,00,000 1,00,000

‡Uwj‡dvb wej 16,773 15,683

Qvcv I gwbnvix LiP 1,84,369 1,65,985

weÁvcb / cÖPvi LiP 57,600 70,240

we.G. wc. Gj. wm. evwl©K wdm 15,000 15,000

wewea LiP 4,200 4,430

gvj enb LiP 88,665 94,345

e¨emv DbœwZ msµvšÍ LiP 49,300 48,095

wm.wW.we. Gj evwl©K wdm 56,000 56,000

I‡qe mvBU wej 8,000 8,000

Kg©Pvix we`vq LiP 25,616 15,335

AePq 1,89,008 2,21,910

52,31,664 58,28,746

18.Avw_©K LiPt

Bnv wbgœiƒ‡c MwVZ:

e¨vsK PvR© 2,10,442 1,54,688 F‡Yi my`( gvBWvm dvBb¨vwÝs wjt) - 21,215

F‡Yi my` (cÖvBg dvBb¨vÝ GÛ Bb‡fó‡g›U wjt) 11,31,217 8,72,898 13,41,659 10,48,801

19. Ab¨vb¨ Avq/(ÿwZ) ˆe‡`wkK wewbgq †_‡K Avq /(ÿwZ) (7,47,428) 78,196

20. †kqvi cÖwZ †gŠwjK DcvR©b (BwcGm)

wb‡gœ †kqvi cÖwZ Avq wb‡gœ D‡jøL Kiv nBj:

K) AvqKi ev‡` jvf (31,09,312) (28,90,020)

L) mvaviY †kqvi‡nvìvi‡`i †kqv‡ii msL¨v 77,00,000 77,00,000 M) †kqvi cÖwZ Avq (0.40) (0.38)

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

AvqKi cieZ©x †bU gybvdvmvaviY †kqv‡ii msL¨v

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20 evwl©K cÖwZ‡e`b Ges wnmve

21. ‡kqvi cÖwZ †bU G‡mvU f¨vjy 2018 2017 ‡gvU m¤ú` 8,73,59,060 9,44,50,272 (ev`) bb Kv‡i›U `vq 1,21,01,980 1,53,78,565 Kv‡i›U `vq 3,04,83,044 3,11,88,359 wef¨vjyGkvb mvicøvm mshy³ †bvU G‡mU f¨vjy 4,47,74,036 4,78,83,348 eQi †k‡l mvavib †kqv‡ii msL¨v 77,00,000 77,00,000 ‡bvU G‡m÷ f¨vjy (NAV) : ‡gvU m¤ú`-†gvU `vq 5.81 6.22 mvaviY †kqvi msL¨v

22. ‡kqvi cÖwZ †bU Acv‡iwUs bM` cÖevn: ‡bU Acv‡iwUs bM` cÖevn 19,52,182 14916819 eQi †k‡l mvavib †kqv‡ii msL¨v 77,00,000 77,00,000 ‡kqvi cÖwZ †bU Acv‡iwUs bM` cÖevn (NOCFPS): ‡bU Acv‡iwUs bM` cÖevn 0.25 1.94 mvaviY †kqvi msL¨v

23. cÖ¯ÍvweZ jf¨vsk tcwiPvjK cl` 28 A‡±vei 2018 Zvwi‡L AbywôZ †evW© mfvq 2017-2018 A_© erm‡ii Rb¨ †Kvb jf¨vsk mycvwik K‡i bvB|

24. Drcv`b ÿgZv twb‡gœ cÖwZôvbwUi evwl©K Drcv`b ÿgZv, cÖK…Z Drcv`b Ges Kg Drcv`‡bi cwigvb D‡jøL Kiv njt

weeiY2018 2017

wR.wR kZKiv nvi wR.wR kZKiv nvi

evwl©K Drcv`b ÿgZv 6,57,000 100% 6,57,000 100%

evwl©K cÖK„Z ÿgZv 18,907 28% 1,71,052 26%

evwl©K Kg Drcv`b 4,76,093 72% 4,85,948 74%

Kg Drcv`‡bi Kvib : evRvi Pvwn`v, we`y¨r wech©q, `ÿ KvwiMi I hš¿cvwZ mgm¨vi Kvi‡b Drcv`b Kg n‡q‡Q|

25. m¤¢ve¨ `vq twe G Gm -37 Abyqvqx †Kv¤úvbxi †Kvb m¤¢ve¨ `vq bvB|

26. cwiPvjbv cl©` I myweavejx t†Kv¤úvbxi cwiPvjbv cl©`‡K ¸iæZ¡c~Y© e¨e¯’cbv wnmv‡e msÁvwqZ Kiv n‡q‡Q| G e¨vcv‡i †K¤úvbxi cwiPvjbv cl©` †Kv¤úvbx †_‡K †Kvb cÖKvi m¤§vbx I myweav MÖnY K‡ib bv|

27. cÖwZ‡e`b mgq cieZ©x djvdj tcwiPvjbv cl©` 28†k A‡±vei 2018 Bs Zvwi‡Li cl©` mfvq 2017-2018 A_© erm‡ii Rb¨ †Kvb cÖKvi jf¨vsk mycvwik K‡ib bvB| wUKv‡Z ewb©Z NUbv e¨ZxZ ch©v‡jvPbv Kivi gZ Avw_©K weeibx‡Z mgš^q Kivi gZ †Kvb cwiw¯’wZ D™¢e nqwb |

28. ‰e‡`wkK gy`ªvi µq1994 mv‡ji †Kv¤úvbxi AvB‡bi c¨viv 8, 11 (L) Abyhvqx PjwZ erm‡ii ̂ e‡`wkK gy`ªvi µ‡qi weeiY wb‡¤œ †`Iqv n‡jv

µwgK bs Gj wm bs BD Gm Wjvi1 174317010317 29,163.60 2 174317010312 17,100.00

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

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21ANNUAL REPORT & ACCOUNTS

3 174317010355 59,662.30 4 174317010504 38,662.00 5 174318010126 40,869.70 6 174318010172 32,590.80 7 174318010219 38,099.75 ‡gvU 2,56,148.15

29. m¤úwK©Z cvwU:GB ermi †Kv¤úvbxi m¤úwK©Z †Kvb cvwUi mv‡_ †jb‡`b K‡i bvB|

30. ‡bU gybvdv †_‡K †bU Acv‡iwUs bM` cÖev‡ni mgš^qAvqKi c~e© jvf/ÿwZ (34,32,289)Avw_©K LiP 13,41,659 Acv‡iwUs jvf (20,90,630)mgš^q : AePq 74,67,336 IqvwKs K¨vwcUvj cwieZ©b: mgvcwb gRy` (e„w×) / Kg (6,12,258)wewea †`bv`vi (e„w×) / Kg 4,67,487 AvqKi e¨ZxZ AwMªg cÖ`vb I RvgvbZ (e„w×) / Kg 55,150 cvIbv`vi (e„w×) / Kg (14,16,647)e‡Kqv LiP e„w×/ (Kg) (3,17,633) 35,52,805 F‡Yi my` cÖ`vb: (13,41,659)AwMÖgKi cÖ`vb: (2,58,964) 19,52,182

31. wmwKDwiwUR G·‡PÂ wewa -1987 Abyhvqx mvavib wbqgvejx t

K) mKj †kqvi ZjeK…Z Ges Aby‡gvw`Z|

L) †Kv¤úvbx AMÖvwaKvi hy³ †Kvb †kqvi Bmy¨ K‡iwb|

M) e¨vsK FY e¨ZxZ †Kv¤úvbx cwiPvjK‡`i †Kvb e¨vsK M¨vivw›U bvB |

N) weµq G‡R›U‡K †Kvb Kwgkb †`Iqv nqwb|

O) KvwiMwi we‡klÁ‡K ‰e‡`wkK gy`ªvq iqvwjwU †`Iqv nqwb Aa¨vq 2 c¨viv 8 K |

P) wbixÿv erm‡i weµ‡qi wecix‡Z †Kvb Kwgkb †`qv nqwb|

Q) 30.06.2018Bs ch©šÍ †Kv¤úvbxi †Kvb m¤¢ve¨ `vq bvB|

R) MZ A_© erm‡i 9 (bq) wU †evW© mfv AbywôZ n‡q‡Q|

S) evwl©K mvaviY mfvq wbixÿK‡K †Kej gvÎ wba©vwiZ wbixÿv wd cÖ`vb Kiv n‡q‡Q|

T) †Kv¤úvbx GB A_© erm‡i 6,20,760 BDGm Wjvi Avq K‡i‡Q| hv weµqjä A_© Gi mwnZ evsjv‡`kx UvKvq hy³

n‡q‡Q |

U) †Kv¤úvbxi †Kvb AbvevwmK †kqvi †nvìvi bvB|

V) wbixÿv erm‡i †kqvi †nvìvi‡`i ˆe‡`wkK gy`ªvq †Kvb UvKv †cÖib Kiv nq bvB|W) Avg`vbxK„Z KvuPv gvj Ges LyPiv hš¿vsk e¨env‡ii kZKiv nvi wb‡gœ †`Iqv njt

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

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22 ANNUAL REPORT & ACCOUNTS

g~j¨ kZKiv nvi1 Avg`vbxK…Z KvuPvgvj 2,14,37,244 94.04%2 ¯’vbxq †KwgK¨vj 6,85,501 3.01%3 ¯’vbxq LyPiv hš¿vsk 4,31,225 1.89%4 ¯’vbxq †gvoKxKib mvgMÖx 2,42,130 1.06% 2,27,96,100 100%

X) wK¬qvwis GÛ d‡ivqvwWs© wfwˇZ Avg`vbxK…Z c‡Y¨i weeiY wb‡gœ †`Iqv njt

c‡Y¨i bvg †gvU g~j¨

KuvPvgvj UvKv 2,10,19,500

Y) wbixÿvKvjxb erm‡i †Kv¤úvbxi †eZb fz³ Kg©Pvix I kªwg‡Ki msL¨v wQj wbgœiƒct

1) cÖwZgv‡m 7,000 UvKv ev Gi Dc‡i †eZbfy³ Kg©Pvixi msL¨v I †gvU †eZb cÖ`vbt

Kg©Pvixi msL¨v cwigvYA) e¨e¯’vcb I Kg©Pvix 15 Rb 29,49,792

2) cÖwZgv‡m 5,000 UvKv Gi mgvb ev Gi Dc‡i †eZb fy³ Kg©Pvixi msL¨v I †gvU †eZb cÖ`vbt

A) Kg©Pvix I kÖwgK 123 Rb 98,75,389 †gvU 138 Rb UvKvt 1,28,25,181

Z) ‡Kvb m`m¨ †K we‡kl †mev cÖ`vb eve` †Kvb LiP cÖ`vb Kiv nqwb|

_) wewea LiP eve` 4,200 UvKv LiP Kiv n‡q‡Q|

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

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23ANNUAL REPORT & ACCOUNTS

30‡k Ryb 2018 ZvwiL ch©šÍ f‚wg hš¿cvwZ I miÄvg Gi wnmve mshyw³ : K

weeiY g~j¨AeP‡qi

nvi

AePqAePq ev‡`

g~j¨

01.07.2017ZvwiL ch©šÍ

PjwZ erm‡ii

‡hvM/mgš^q

30.06.2018ZvwiL ch©šÍ

01.07.2017ZvwiL ch©šÍ

PjwZ erm‡i30.06.2018

ZvwiL ch©šÍ30.06.2018

ZvwiL ch©šÍ

f~wg I f~wg DbœqbKviLvbv BgviZ I Ab¨vb¨ wbg©vYevDÛvix †`IqvjKjKâv I hš¿cvwZwW‡Rj †Rbv‡iUi I UªvÝwgUvi M¨vm ‡Rbv‡iUihvbevnbKviLvbv hš¿vcvwZAvmevecÎ I miÄvgcvwbi U¨v¼Awdm hš¿cvwZAwdm †W‡Kv‡ikbd¨v·, Kw¤úDUvi I d‡UvKwc †gwkbkxZvZc hš¿†gvevBj ms¯’vcbwe`y¨r ms¯’vcbM¨vm jvBb ms¯’vcbRyb 30, 2018Bs †gvU

3,959,952 15,750,973

602,005 212,190,615

7,240,758 7,339,500 5,679,116

5,898,433 2,330,292

445,140 1,167,019 1,000,000

523,700 391,000

72,724 5,203,197

286,228 270,080,652

- -

- -

- - - - - - - - - - - - - -

3 3,959,952 15,750,973

602,005 212,190,615

7,240,758 7,339,500 5,679,116

5,898,433 2,330,292

445,140 1,167,019 1,000,000

523,700 391,000

72,724 5,203,197

286,228 270,080,652

0%5%5%

10%10%10%20%15%10%10%15%10%20%20%20%20%

0%

- 8,807,984

396,985 152,076,117

5,205,606 4,496,026 5,406,339 4,698,900 1,852,221

395,883 955,744 612,580 485,762 350,659

69,938 4,019,396

- 189,830,140

- 347,149

10,251 6,011,450

203,515 284,347

54,555 179,930 47,807

4,926 31,691 38,742

7,588 8,068

557 236,760

- 7,467,336

- 9,155,133

407,236 158,087,567

5,409,121 4,780,373 5,460,894 4,878,830 1,900,028

400,809 987,435 651,322 493,350 358,727

70,495 4,256,156

- 197,297,476

3,959,952 6,595,840

194,769 54,103,048

1,831,637 2,559,127

218,222 1,019,603

430,264 44,331

179,584 348,678

30,350 32,273

2,229 947,041 286,228

72,783,176

Ryb 30,2017Bs †gvU 259,387,592 10,693,060 270,080,652 182,424,795 7,405,345 189,830,140 80,250,512

wUKv t AePq avh¨© Kiv n‡q‡QDrcv`b Dcwie¨q wnmv‡ejvf-ÿwZ wnmv‡e

2018 7,278,328

189,008 7,467,336

2017 7,183,435

221,910 7,405,345

Bgvg evUb& BÛvwóªR wjwg‡UWf~uBqv g¨vbkb (7g Zjv), 6, gwZwSj ev/G, XvKv-1000|

Page 70: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

24 ANNUAL REPORT & ACCOUNTS

Page 71: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

ANNUAL REPORT & ACCOUNTS

IMAM BUTTON INDUSTRIES LIMITEDBHUIYAN MANSION (6TH FLOOR) 6, MOTIJHEEL C/A, DHAKA-1000.

PROXY FORM

I/We…………………………………………………………………………………………………of………………………………………………………………………………………………………being shareholder (s)of IMAM BUTTON INDUSTRIES LIMITED hereby appointedMr./ Mrs./ Ms. ……………………………………………………………as my/our proxy to attend and vote for me/us and on my/our behalf at the 24th ANNUAL GENERAL MEETING of the company to be held on December 15th, 2018 as 10 a.m and or at any adjournment thereof. As witness my/our hand this ………………..day of ……………2018.

NOTE :

1. A member entitled to attend and vote at the meeting may appointed his /her proxy to attend and vote on his /her behalf.

2. Forms of proxy, duly stamped and signed must be submit at the company’s corporate Office at BHUIYAN MANSION (6TH FLOOR) 6, MOTIJHEEL C/A, DHAKA-1000. Not later than 48 hours before the time appointed for the meeting. In default, forms of proxy will not be treated as valid.

IMAM BUTTON INDUSTRIES LIMITEDBHUIYAN MANSION (6TH FLOOR) 6, MOTIJHEEL C/A, DHAKA-1000.

ATTENDENCE SLIP

I do hereby record my attendance at the 24th ANNUAL GENERAL MEETING of the company being held on December 15th, 2018 at 10 am at Factory premises, 49/A, Sagorika Road, Fouzdarhat, Heavy Industrial Area, Pahartoli, Chittagong.

Name of Member / Proxy …………………………………..………………………………..……….………

Register Folio/BO. ID. No. ...................................………........……………………………………..………………

AffixTK 20.00REVENUE

STAMP

Signature of Proxy with dateRegister Folio/BO. ID. No………

Signature of Shareholder with dateRegister Folio/BO. ID. No………

Signature of Proxy with date

Signature of Shareholder with date

Page 72: ANNUAL REPORT AND ACCOUNTSimambutton.com/pdf/pdf/Annual-Report-2018.pdfMd. Waliullah, FCA Mr. Swadesh Ranjan Saha, FCA Md. Habibur Rahman Sarker, FCA Mr. Anjan Mallik, FCA 9-G, Motijheel

26 ANNUAL REPORT & ACCOUNTS