This document is an assignment report submitted by three students analyzing the five-year income statement and balance sheet of IDLC Finance Limited, one of the leading financial institutions in Bangladesh. It provides background on IDLC, describes the methodology used for the analysis, and outlines the key products and services offered. It then presents the income statement and balance sheet data from 2014-2018, highlighting trends in revenue, expenses, assets, liabilities, and equity. The overall purpose is to learn about practical financial analysis by examining historical financial performance of a major Bangladeshi financial company.
Effective Credit and Investment Management of BangladeshJahid Khan Rahat
This study aims to unveil the bank’s attitude towards credit and investment management. In Bangladesh there is mainly two categories banking system that is Islamic Banking system and
conventional Banking system. Those system has totally different credit and investment policy. Islami Bank is based on Sharia. So, they invest as a partner of any business organization. As a result, it is sharing their profit not the interest. On the other hand, conventional bank based in interest system. So, their investment and credit policy are totally different from each other. In this research we investigate the relationship of credit or investment initiates and profitability of bank. We used secondary research method in completing this relationship of which we collect qualitative data from different sources.
Mutual funds of Bangladesh:An OverviewAsifa Ishrat
An outline of mutual fund sector of Bangladesh has been given here.In addition,impediments that are holding back the improvement of the sector and some suggestions to remove them are mentioned.
Acteurs indispensables de nos systèmes économiques, les banques sont des organismes complexes qu'il est important de connaître si l'on s'intéresse - même à minima - à l'économie.
Ce document propose une introduction simple et concise afin de vous aider à comprendre ce que sont les banques et leur rôle au sein des différentes activités économiques
SME Loan Lending Activities&Reconciliation Processof IDLC Finance LimitedAyesha Sultana
The aim of my presentation is to give you a clear idea about how IDLC Finance Limited is leading their SME Loan & how they run their Reconciliation Process.
Effective Credit and Investment Management of BangladeshJahid Khan Rahat
This study aims to unveil the bank’s attitude towards credit and investment management. In Bangladesh there is mainly two categories banking system that is Islamic Banking system and
conventional Banking system. Those system has totally different credit and investment policy. Islami Bank is based on Sharia. So, they invest as a partner of any business organization. As a result, it is sharing their profit not the interest. On the other hand, conventional bank based in interest system. So, their investment and credit policy are totally different from each other. In this research we investigate the relationship of credit or investment initiates and profitability of bank. We used secondary research method in completing this relationship of which we collect qualitative data from different sources.
Mutual funds of Bangladesh:An OverviewAsifa Ishrat
An outline of mutual fund sector of Bangladesh has been given here.In addition,impediments that are holding back the improvement of the sector and some suggestions to remove them are mentioned.
Acteurs indispensables de nos systèmes économiques, les banques sont des organismes complexes qu'il est important de connaître si l'on s'intéresse - même à minima - à l'économie.
Ce document propose une introduction simple et concise afin de vous aider à comprendre ce que sont les banques et leur rôle au sein des différentes activités économiques
SME Loan Lending Activities&Reconciliation Processof IDLC Finance LimitedAyesha Sultana
The aim of my presentation is to give you a clear idea about how IDLC Finance Limited is leading their SME Loan & how they run their Reconciliation Process.
Portfolio management and mutual fund analysisSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Competitive analysis of depositary service provider in nagpurSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Credit Appraisal System IN Commercial Vehicle loans Undertaken at INDIA INFOL...Danish Dhaar
Summer Training Project Report on
Credit Appraisal System IN Commercial Vehicle loans
Undertaken at
INDIA INFOLINE FINANCE LTD
Submitted in Partial Fulfilment of the Requirement for the Award of the Degree of
Master of Business Administration
By
Danish Showkat Dhar
Roll No.14036113030
Reg. No.:-29437-IC-2011
Under The Supervision of
MR. Sachin Gupta
(AVP: CREDIT & OPS)
INDIA INFOLINE FINANCE LTD
DEPT. OF MANAGEMENT STUDIES
SOUTH CAMPUS UNIVERSITY OF KASHMIR
ANANTNAG
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
1. Faculty of Business Studies
Jahangirnagar University
Assignment on
Five-year Income statement and Balance sheet analysis
of
IDLC Finance Limited
Submitted to:
Dr. Sheikh Abu Taher
Associate Professor
Department of Finance & Banking
Jahangirnagar University
Submitted by:
Sunny Ahmed (ID-20191030)
Istiuq Ahmed (ID-20191056)
Md. Minhazul Islam (ID-20191112)
Date of Submission: - 06- APRIL-2019
2. Table of contents
Page
Introduction
Background of Study
Methodology of Study
Guideline Principle
Activities of the Board
Product and Services
Income Statement
Balance sheet
Conclusion
References
3. Introduction
In recent years, the financial markets development has been receiving intensified observation
from policy makers. One explanation for this scenario may consist on the significant shift of the
development strategy which is demonstrated on the privet sector as a power source of economic
growth. The International Financial Institutions places a tremendous impact on the policy
making structure for both developed and developing countries.
IDLC Finance Limited is one of the leading financial institutions which have received a
significant growth in all areas of business. As the first legging company of Bangladesh, IDLC
Finance Limited started their journey in 1985. In1995 IDLC was licensed as a Financial
Institution by Bangladesh Bank and during the past two decades the organization has grown with
the same phase with the country's economic growth.
There are different product and services for different customers which include car loan, home
loan and also there are products for corporate and SME products which includes lease loans,
term loans and many other services to meet different need for different customers.
The company also nourished its presence in the countries growing stock market with introducing
a sister concern- IDLC Security Limited- which offers experienced brokerage service for rental
and organizational clients.
Background of Study
Learning becomes perfect when it is associated with theory and practice. For that organizational
attachment is required. This report is design on the topic “Five-year Income statement and
Balance sheet analysisof IDLC Finance Limited”. Banking institution helps to economic
growth of a country by their banking service. We chose it to analysis that helped us to learn
practical knowledge and gather experience about financial task.
Methodology of Study
Study Design:
This study is descriptive in nature that focuses on the analysis of Income statement and Balance
Sheet of IDLC Finance Limited.
Data used in the study:
To prepare this report all the necessary information collected mainly from secondary sources of
data. Books, Website and annual report are the sources of data. Beside the secondary sources of
data, are also used as primary sources of data to prepare this report.
4. Data Analyzing and Reporting:
Quantitative analysis (Trend analysis) has been used to analyze the gathered data and different
types of computer software are used for reporting the gathered information from the analysis.
IDLC Finance Limited
As the first leasing company of Bangladesh, IDLC finance limited started its journey in 1985. It
started its journey with multinational alliance and the leading sponsorship of the International
Finance Corporation (IFC) which is a part of World Bank Group. Korea Development Leasing
Corporation provided the technical support which is the largest leasing corporation of the
Republic of South Korea.
IDLC Finance Limited follows the unique institutional shareholding structure which helps the
company to develop constantly through sharing of experience and professional approaches at the
highest policy making level.
IDCL Finance Limited offers variety of financial services and solutions to the institutional and
individual clients so that they could meet their unique and diverse requirements. The product
includes Lease Finance, Real Estate Finance, Term Finance, Corporate Finance, Short Term
Finance, Term Deposit Schemes, Merchant Banking, Debentures and Corporate Advisory
Services.
Two wholly owned subsidiaries have also been established by IDLC which are IDLC Securities
Limited and IDLC Investment Limited so that they could provide customers with security
brokerage solution and IT solutions, respectively.
Guideline Principle
IDLC is a multi-product financial institution offering an array of diverse financial services and
solutions to institutional and individual clients to meet their diverse and unique requirements.
Following are the guiding principles that shape the organizational practice of IDLC
Customer first:IDLC has grown with its customers, who are believed to be the center of all
actions. As the crux of IDLC’s corporate philosophy, customer service gets the highest priority.
Innovation:IDLC has continuously introduced new financial products for meeting the needs of
the entrepreneurs in a complex & challenging business environment. The concept of innovation
is in-built into the working culture.
Professional Knowledge:IDLC is staffed with qualified professionals and innovative minds in
the country. Years of operational experience, large industrial database and competent workforce
have given them unparalleled advantages
5. .
Professional ethics:The professional at IDLC maintain the highest degree of financial and
business ethics in all transactions with the clients. Over the last two decades, IDLC have put in
bets efforts to meet the expectations of the clients and investors.
One stop solution:Work at IDLC begins with the idea generation, and then goes on into the
feasibility study followed by arrangement of financing to implement the project. IDLC advises
the clients, finance them and even arrange financing for them via different financing modes,
namely: lease financing, term loan, bridge loan, syndication, bridge loan, syndication, ordinary
shares, preferred shares and debentures.
Vision:Become the best performing and most innovative financial solutions provider in the
country
Mission:Create maximum possible value of all the stakeholders by adhering to the highest
ethical standards
For the Shareholders:Maximize shareholders’ wealth through a sustained return on the
investment.
For the employees:Provide job satisfaction by making IDLC a center of excellence with
opportunity of career development.
For the society:Contribute to the well-being of the society, in general, by acting as a responsible
corporate citizen.
Goal:Long term maximization of Stakeholders’ value
Corporate Philosophy:Discharge the functions with proper accountability for all actions and
results and bind to the highest ethical standards
Activities of the Board
The Board appoints the Executive Committee (EC), which takes day-to-day decisions on behalf
of the company. Every credit proposal has to be approved by the EC for sanction and
disbursement. EC is also authorized to observe and review other major day-to-day operational
functions including corporate plans, budgets and borrowing activities. The composition of the
EC is as follows:
a) Four Directors
b) Managing Director / Chief Executive Officer and
The Company Secretary shall be the Secretary of the Committee.
Activities of the Managing Director
The Managing Director (MD), appointed by Board, manages the overall organizational activities
and also plays the role of the figurehead.
6. Activities of the Deputy Managing Director
The DMD establishes the company’s policies and reviews the operational performance of the
company including approval of large credit proposals, major fund procurements, budget and
planning and diversification decisions
Product and Services
IDLC Finance Limited is one of the largest Non-Banking Financial institutions of Bangladesh
and it performs to ensure high development and long term growth and prepare for any activity
required to perform in a challenging business environment. IDLC introduces different products
in different period to meet significant need. The products and services of IDLC Finance Limited
are as follows.
1. Leasing 6. Factoring 11. Deposit Schemes 16. Underwriting
2. Term Loan 7. Syndication 12. Car Loan 17. Issue Management
3. Equity Financing 8. Securitization 13. Home Loan 18. Financial
Advisory Service
4.InterCorporate
Deposit (ICD)
9. Bridge Finance 14. Real Estate
Finance
19. Mergers and
Acquisition
5.Work Order/
Purchase Order
Financing
10. CAP Invest 15. Private Placement 20. Trusteeship
Management
7. Small & Medium Enterprises (SME) Finance
Corporate Finance
Table: Product & Services offered by IDLC Finance Limited
Small Enterprise
• Lease
• Seasonal Loan
• Purnota Loan for women
• SME Shachal loan
• SME Surakkha Loan
• Revolving Short Term loan
• Commercial Space Loan
• Commercial Vehicle Loan
• Udvabon Loan
• SME Deposit
Medium Enterprise
Finance
• Commercial Vehicle
Finance
• Machinery Lease
• Healthcare Finance
• Revolving Short
Term Loan
• Commercial Space
Loan
• Commercial Vehicle
loan
Suppliers & Distribution
Finance
• Factoring of Accounts
Receivables
• Bill
• Work Order
Financing
• Distributor Financing
Corporate Finance
• Lease Financing
• Term loan Financing
• Commercial Space
financing
• Project financing
• Short term Loans
• Specialist Product
• Green Financing
Structured Finance Solutions
• Lease Syndication
• Syndicated Fund raising
for Bonds
• Arrangement of
Commercial paper,
Performance Shares,
Foreign Currency loans
• Securitization of Assets
• Other Services
Green Banking Solution
• Over 50 Products
offered under Green
Financing
8. Income Statement
Fiscal year is
January-
December. All
values BDT
Millions.
2018 2017 2016 2015 2014
Sales/Revenue 12,756 11,165 9,777 9,409 8,195
Total
Investment
Income
304 808 223 134 (40)
Interest Income 11418 9167
8,613
8,489 7,571
Sundry
Revenue/Income
133 136 216 132 32
Trust Income,
Commissions &
Fees
900
1,053 725 654 632
Commission &
Fee Income
900 1,053 725 654 632
Sales Growth 14.25% 14.20% 3.91% 14.81% -
Total Expense 9,637 7,467 6,740 6,793 6,014
Total Interest
Expense
6,946 4,905 4,630 4,836 4,546
Loan Loss
Provision 175
233 216 325 (10)
Selling, General
& Admin.
Expenses
781 796 705
578
631
Depreciation &
Amortization
Expense
159 164
168 145 134
Depreciation 152 145 134 113
105
Amortization of
Intangibles
7 19 34 32
29
9. Other Operating
Expense
(5,803)
- (60) (14) 18
Operating
Income
3,119 3,698 3,037 2,616 2,181
Operating
Income Growth
-15.67% 21.78% 16.07% 19.98% -
Operating
Income Margin
24.45% - - - -
Non-Operating
Income
(Expense)
9 14 12 12 6
Miscellaneous
Non-Operating
Expense
9 14 12 12 6
Pretax Income 3,127 3,712 3,049 2,629 2,187
Pretax Income
Growth -15.75% 21.74% 16.00% 20.21% -
Pretax Margin
24.52% - - - -
Income Taxes 956 1,435 1,269 1,169 941
Income Tax -
Current –
Domestic
983 1,448 1,270 1,172 960
Income Tax -
Deferred –
Domestic
(27) (13) (1) (2) (19)
Consolidated
Net Income
2,171 2,277 1,780 1,459 1,246
Minority
Interest Expense
0 0 0 0 0
Net Income 2,171 2,277 1,780 1,459 1,246
Net Income
growth
-4.66% 27.91% 22.00% 17.16% -
10. Net Margin 17.02% - - - -
Net Income
After
Extraordinaries
2,171 2,277 1,780 1,459 1,246
EPS (Basic) –
Growth
-6.04% -13.42% 57.08% 17.33% -
Basic Shares
Outstanding
377 371 251 324 324
EPS (Diluted) 5.76 6.13 7.08 4.50 3.84
EPS (Diluted)
Growth
-6.09% -13.43% 57.27% 17.16% -
Diluted Shares
Outstanding
377 371 251 324 324
Here in income statement we found that sales/Revenue increased continually from 2014 to 2018
and so does other expenses. The net income in 2014 was 1246 million tk and in 2017 it raises to
2277 million tk. And again in 2018 net income goes down a little.
11. Balance Sheet
Asset
Fiscal year is
January-
December.
All values
BDT
Millions. 2018 2017 2016 2015 2014
Cash & Short
Term
Investments
16,236 14,728 11,353 13,435 7,985
Cash Only
2,565 1,096 976 892 729
Total Short-
Term
Investments
13,670 13,632 10,377 12,543 7,256
Cash & Short
Term
10.24% 29.72% -15.50% 68.26% -
Investments
Growth
Short-Term
Receivables
1,960 1,504 1,441 1,366 1,235
Short Term
Receivables
Growth
30.30% 4.36% 5.51% 10.65% -
Investments –
Total
90,110 8,719 5,212 4,491 2,758
Net Loans 82,794 70,541 61,236 54,383 46,430
Gross Loans -
Net of
Unearned
Income
82,794 70,541 61,236 54,383 46,430
Other
Investments
7,315 7,941 4,367 3,411 2,023
Net Property,
Plant &
Equipment
538 650 627 488 303
Other Assets
(Including
Intangibles)
255 70,045 60,650 53,629 46,616
Other Assets 241 269 232 276 232
Intangible
Assets 241 269 232 276 232
12. Total Assets 109,166 95,687 79,311 73,434 58,927
Total
Customer
Deposits
54,713 44,031 37,003 37,784 36,595
Total Assets
Growth
14.09% 20.65% 8.00% 24.62% -
Return On
Average
Assets
14.09% 20.65% 8.00% 24.62% -
Return On
Average
Assets
2.12% - - - -
Liabilities & Shareholders' Equity
All values
BDT
Millions.
2018 2017 2016 2015 2014
Total Debt 30,496 29,461 24,885 20,426 9,198
ST Debt &
Current
Portion LT
Debt
8,977 6,765 6,273 4,588 4,048
Short Term
Debt
8,977 6,765 6,273 1,780 1,820
Current
Portion of
Long Term
Debt
- - - 2,808 2,228
Long-Term
Debt 21,519 22,697 18,612 15,838 5,150
LT Debt excl.
Capitalized
Leases
21,519 22,697 18,612 15,838 5,150
Provision for
Risks &
Charges
1,365 1,188 1,145 1,234 939
Total Debt
Growth 3.51% 18.39% 21.83% 122.07% -
Total Debt / 3.51% 18.39% 21.83% 122.07% -
13. Total Assets
Total Debt /
Total Assets
27.94% 30.79% 31.38% 27.82% 15.61%
Deferred
Taxes
(67) (40) (27) (26) (23)
Deferred
Taxes - Credit
1 1 0 - 6
Deferred
Taxes - Debit
67 41 27 26 29
Other
Liabilities
8,953 8,409 7,339 6,204 5,661
Other
Liabilities
(excl.
Deferred
Income)
8,953 8,409 7,339 6,204 5,661
Total
Liabilities
95,528 83,089 70,373 65,648 52,399
Total
Liabilities
Growth
14.97% 18.07% 7.20% 25.29% -
Common
Equity (Total) 13,637 12,597 8,938 7,786 6,528
Common
Stock
Par/Carry
Value
3,771 3,771 2,514 2,514 2,011
Additional
Paid-In
Capital/Capit
al Surplus
1,261 1,261 4 4 4
Retained
Earnings 5,143 4,421 3,592 2,739 2,233
Other
Appropriated
Reserves
2,463 2,145 1,829 1,529 1,280
Unappropriat
ed Reserves 1,000 1,000 1,000 1,000 1,000
Common
Equity / Total
Assets
0.12% 0.13% 0.11% 0.11% 0.11%
14. Total
Shareholders'
Equity
13,637 12,597 8,938 7,786 6,528
Total
Shareholders'
Equity / Total
Assets
12.49% 13.17% 11.27% 10.60% 11.08%
Return On
Average Total
Equity
16.55% - - - -
Accumulated
Minority
Interest
0 0 0 0 0
Total Equity 13,637 12,597 8,938 7,786 6,528
13,637 12,597 8,938 7,786 6,528 58,927
In balance sheet all cash and investment items goes higher from 2014 to 2018. Also net loans
goes higher too. The total asset was 58927 million tk in 2014, and in 2018 it gets 109166 million
tk. The total liability in 2014 was 52399 million tk but in 2018 its 95528 million tk which is a big
change.
15. Conclusion
According to their last five year performance (2014-2018), We have seen that The company has
earned good profit and their graph has increasing with expected firm value their current asset ,
fixed asset and total asset has stayed in the expected position with their remarkable condition.
Though last year result shows negative return but Hopefully it will comeback with its new or
modified policy.