This document provides an overview of Square Textiles Ltd., including: - It acknowledges those who helped provide information for the report. - The table of contents outlines the report structure with 3 main sections: front matter, report body, and back matter across 8 chapters. - The executive summary introduces Square Textiles Ltd. as a leader in the textile industry in Bangladesh with a history dating back to 1997 and facilities that include worker housing.

1. Acknowledgement
First of all I want to give my sincere respect & gratitude to my honorable
teacher Mr. M M Saiful Islam (MBA) for his interest and articulate guidance
in preparing this report. I also want to give thanks to my professional
coordinator Mr. Said, Manager (planning) and Mr. Taslimul Haque Manager
(Procurement, for their cordial cooperation and support in providing useful
information.
TABLE OF CONTENTS

2. Sl No. Title Page No.
1. Front Matter:
1.1 Acknowledgement
1.2 List of Illustration
1.3 Forwarding
5
6
7
2. Report Body:
2.1 Executive Summery
2.2 Introduction
2.2.1 Purpose
2.2.2 Scope
2.2.3 Organizational Plan
2.2.4 Research Methodology
7
8
3. Text Discussion:
3.1 Company History
3.2 Company Location
3.3 Vision
3.4 Mission
3.5 Organogram
3.6 SWOT Analysis
3.6.1 Strength
3.6.2 Weakness
3.6.3Opportunity
3.6.4 Threat
3.7 Factory Details
3.8 Technical Details
3.9 Import Analysis
3.9.1 Import
3.9.2 Local Import
3.9.3 Foreign Import
3.9.4 Comparison to others company
3.9.5 Three years import position
3.10 Export Analysis
3.10.1 Direct Export
3.10.2 Local Export
3.10.3 Comparison to others company
3.10.4 Lacking of policy
3.10.5 How can overcome
3.11 Four Years Turn Over
3.12 Market Share
3.13 Financial Statement
3.13.1 Balance Sheet
3.13.2 Income Statement
3.13.3 Cash Flow Statement
10
11
12
12
13
14
15
16
17
21
23-24
25
26

3. 4. Organizational Strategy
4.1. Name Of Strategy
4.2. Reason for Success/Failure
30
30
5. Findings 31
6. Recommendations 31
7. Closing Section:
7.1. Summery
7.2. Conclusion
7.3. Reference
32
32
32
8. Back Matter
8.1. Bibliography
8.2. Glossary
8.3. Index
33
33
34
1.2. LIST OF ILLUSTRATION

4. ♦ Figure 1 – Corporate Headquarter Page – 11
♦ Figure 2 – Factory Building Page – 11
♦ Figure 3 – Inside the Factory Page – 15
♦ Figure 4 – Technical Support Page - 16
♦ Figure 5 – Last 3 Years Import Position Page – 19
♦ Figure 5 – Last 4 Years Sales Turnover (kg.) Page – 22
♦ Figure 6 – Last 4 Years Sales in Taka Page – 24
♦ Figure 7 - Market Share Page – 25

5. 2.1. EXECUTIVE SUMMARY
Square stands for ceaseless efforts. The philosophy of never standing
still, slowing down, never stop thinking & never compromise with
quality made Square the most progressive & dynamic business leader
in the country. Square believes in using advanced technology to cope
with the changing world. Motivation & diversification is the its major
strength.
It all started in 1958 with the establishment of a pharmaceutical company & now
after 46 years Square is the leader in pharmaceutical industry & textile industry.
Square first ventured in the textile sector with the establishment of the first unit of
the Square Textiles Ltd. in 1997. One year later the establishment of the second unit
followed. It invested US$ 20.00 million for the first unit & US$ 13.00 million for the
second unit. Its target market was export oriented garments industry.
Square constructed its state of the art manufacturing facility at
Saradaganj, Kashimpur, Gazipur with high tech machinery from
Europe. It has four dormitories for the work force & two residential
buildings for the management staff provide more than 80% housing
for the employees. Square is the 1st
of its kind in Bangladesh to
provide accommodation facilities to its employees. Production &
accommodation facilities include full time supply of drinking water,
adequate lighting & ventilation facilities.
Free meals, free transportation, 24 – hours medical center, on-site
sports & recreation facilities encourage the motivated team to serve
customers full heartedly.
ETI codes according to the local law (Bangladesh) are very strictly practiced in its
manufacturing facilities.
It has biological treatment & energy conservation program. State of
the art technology has been used in the effluent treatment plant for
the biological treatment of the waste.

6. 2.2. INTRODUCTION
For smoothing exporting goods to abroad needed smooth supply of
raw materials and other related goods. Smooth supply of all goods
based on importing goods from abroad, which are required and local
supply of goods, which are used in making exporting goods. Since
Square textiles ltd is 100% export oriented organization that’s why
square textiles ltd need to import goods from abroad so many things
like cotton, machinery, chemicals etc. And this organization not only
import goods from abroad but also exports goods abroad. Export and
import are inter related activity in this company. So, to uninterrupted
export and import it is essential to analysis all the activities of export
and import related. For this reason this analysis is done.

7. 2.2.1. PURPOSE: The purpose of the report is to examine the current
Import & export analysis of the Square Textiles Ltd. This is the
requirement of the course curriculum of the subject Intern Ship
Programme of IIUC.
2.2.2. SCOPE: I tried to focus on the overall day-to-day business
affairs of the company. I cannot not cover the details due to time
constrains.
2.2.3. ORGANISATIONAL PLAN: I tried to present My report on the
basis of topics.
2.2.4. METHODOLOGY: As a primary source of information I have
discussed with the concern employees of the company to get the
necessary information.
My secondary source of information was corporate induction program
manuals/ videos, Annual reports, bulletin & the employees’ yearly
magazine.

8. 3. TEXT DISCUSSION
3.1. COMPANY’S HISTORY
In 1997, Square entered the textile sector with its manufacturing
facilities of cotton yarn. Combining modern technology with skilled
manpower under Square's unique inspiring, atmosphere, and this new
Square venture soon rose to the top of the local textile industry. Today
it has one of the most sophisticated vertically integrated set-ups.
Square first ventured into the textile sector with the establishment of
the first unit of the Square Textile Ltd. in 1997. A year later the
establishment of the second unit followed.
CORPORATE HISTORY
♦ Year of establishment : 1994
(In corporate as a public limited company)
♦ Year of operation : 1997
♦ Stock exchange listing (Dhaka & Chittagong): 2002
♦ Award Oeko-Tex Standard 100 : 2000
♦ Award ISO-9002 Certified : 2000
♦ Business Lines : Manufacturing
&
Marketing of Yarn
♦ Authorized capital : Tk. 1000 Million
♦ Paid up Capital : 251.90 Million
♦ Number of employee :1223

10. 3.2. COMPANY LOCATION
CORPORATE HEADQUARTER
Square Centre
48, Mohakhali C/A
Dhaka-1212.
HEAD OFFICE
Mascot Plaza (11th
– 12th
Floor)
Plot # 107/A,
Sector # 7
Uttara Model Town
Uttara, Dhaka.
FACTORY
Saradaganj, Kashimpur, Gazipur.
TARGET MARKET
Export Oriented Readymade Garments Industry
Figure: 1
Figure: 2

11. 3.3. OUR VISION
Our conception of the business germinates from our vision which sees it is as a
means to the well being of the investors, stakeholders, employees and members of
the society at large by creating new wealth in the form of goods and service that go
to satisfy the wants of all of them without disturbing or damaging the socio-economic
balance of the mother earth and that process of human civilization leading to
peaceful co-existence of all the living beings.
3.4. OUR MISSION
Our mission is realization of vision through maximum production of goods and
services strictly on ethical and moral standards at minimum costs to the society
ensuring optimum benefits to the shareholder and other stakeholders

12. 3.5. ORGANOGRAM
Head Of
Operations
Head of
Marketing
Head of
Finance
Head of
Commercial
Head of
HR
Production
Manager
Quality
Assurance
Manager
Technical
Manager
Marketing
Manager
Sales
Manager
Business
Developme
nt Manager
Accounts
Manager
Finance
Manager
Internal Audit
Manager
Logistic
Manager
Export
Manager
Import
Manager
Adminis-
tration
Manager
Employee
Relation
Manager
HR
Manager
Managing
Director

13. 3.6. SWOT ANALYSYS
3.6.1. STRENGTH
♦ Sister concern of Square group with high technical support.
♦ High amount investment in machine and factory.
♦ No workers unrest because of location facility.
♦ Own dormitory for staff and workers.
♦ Sophisticated high-tech machinery’s used for production and Quality control.
3.6.2. WEAKNESS
♦ Cost of yarn is high for high quality.
♦ Raw cotton is not available in local market.
♦ Unstable price of Raw cotton in the international market.
3.6.3. OPPORTUNITY
♦ Huge scope for export.
♦ Operational efficiency.
♦ Provision for capacity expansion.
3.6.4. THREAT
♦ Invasion of Indian yarn through black market.
♦ Unstable economic situation of our country.
♦ Unstable political condition.
3.7. FACTORY DETAILS
CAPACITY

14. Unit 1: 36,288 spindles with daily production capacity of 30,000 kgs.
Unit 2: 23,184 spindles with daily production capacity of 14,000 kgs.
PRODUCTS
Unit 1: Combed and Carded yarn from a count range of Ne. 10 to
Ne. 80.
Unit 2: Combed Ring Yarn from a count range of Ne. 20 to Ne. 40.
Figure: 3

15. 3.8. TECHNICAL DETAILS
MACHINERY DETAILS
Name of Machines Country of Origin
Back Process : Rieter-Switzerland
(Blow room :: Carding :: Drawing :: Combing)
Simplex / Fly Frame : Toyoda-Japan
Ring Frame : Toyoda-Japan
Autocone Winding : Schlafhorst–Germany
QC Equipment : Zellwegers Uster- Switzerland
Humidification Plant : Luwa-Switzerland
Air-Cooling / Chiller : McQuay-USA
Figure: 4

16. 3.9. IMPORT ANALYSIS
Square Textiles Ltd is a 100% export oriented Yarn manufacturing
company. They mainly produce Yarn and export it to Fabrics
manufacturing company and fabrics manufacturing company export it
to garments industry through Back to back L/C and garments Garment
industry export this fabrics against master L/C after certain process in
this sance Square Textiles Ltd is Exporter of yarn. But in the
commercial term these kinds of exporter are called deem exporter. As
main job of Square Textiles Ltd is to manufacturing and exporting of
Yarn so they need some raw materials and axillaries to manufacturing
this product. Main raw materials of square Textiles Ltd are various
types of raw cotton. As Square is a vertical integrated company. So
they have forward and backward linkage facility e,i. they have fabrics
manufacturing company and they have garments manufacturing
company. Square Knit Fabrics Ltd get 100% L/C from their own
garments Industry and Square Textiles ltd. Get 60% L/C from their
own company Square Knit Fabrics Ltd and another 40% get from other
company. So that the buyers of Square Fashions & Others garments
industry are the ultimate buyers of Square Textiles Ltd. Square
Textiles Ltd mainly procure their raw cotton by 100% cash L/C.
3.9.1. IMPORT
As the main raw martial of Square Textiles Ltd is raw cotton. so the procure their raw
materials under two ways
1) Local import
2) Foreign Import

17. 3.9.2. LOCAL IMPORT:
As Square Textiles Ltd. is a largest finest yarn manufacturing company
of Bangladesh so they need various type of raw cotton. But we cannot
produce high quality of raw cotton in our country so we 100%
depended on imported cotton so that Square Textiles . Local import is
nil.
3.9.3. FOREIGN IMPORT
As we know that to produce high quality of yarn need high quality of
raw cotton. High quality of raw cotton means which cotton exists
length fiber is long and fibers are matured. To produce high quality of
raw cotton mainly needs favorable weather condition but we have not.
So ultimately we depended fully imported raw cotton for our textiles
mills. Square Textiles Ltd mainly procure central Asia’s cotton e,i.
Uzbekistan’s, Turkmenistan’s, Kazakhstan’s, and Tajikistan’s raw
cotton as per their buyers satisfaction. Though the price of central
Asia’s raw cotton are higher than the others cotton. Square Textiles
also procure raw cotton from Zimbabwe, Syria, USA, India, West
African, Indonesia, and Thailand etc through cash L/C.
3.9.4. COMPARISON TO OTHERS COMPANY WITH IMPORT POLICY:
Square Textiles Ltd think, though customers like central Asia’s cotton at higher price
and most of the spinning mills go for central Asia’s cotton as per their customers
satisfactions. But this trend is not continuing for long period. Because may central
Asia’s companies think they will produce yarn in their own country or others
company like square think they established a plant in central Asia’s country. Then
central Asia’s cotton are not available then what will do the others company. Square
Textiles Ltd always think different. For this reason to face this problem they use 60%

18. to 50% CIS cotton and 40% to 50% others cotton which quality is same like CIS
cotton to overcome future any problem. Square textiles do not follow others so
allover the year they procure cotton for two or three month advance. So that over
the year they can maintain average cotton price and they do not loss hues and they
do not gain hues. But on the other hand others company they forward book all over
the year so if the cotton price is higher then they gain hues and cotton price is down
they losses hues.
3.9.5. LAST THREE YERS IMPORT POSITION
QUANTITY IMPORT IN THOUSAND (TAKA)
2004 2003 2002
Raw materials Import 1293112 1069660 1293012
TotalSales 1293112 1069660 1293012
3.10. EXPORT ANALYSIS
3.10.1. DIRECT EXPORT
Direct export of Square Textiles Ltd is so little because they import 100% raw cotton
from abroad so their yarn price is higher than the others country
Total Import
1293112
1069660
1293012
0
200000
400000
600000
800000
1000000
1200000
1400000
2004 2003 2002
Total Import
Figure: 5

19. 3.10.2. LOCAL EXPORT
As a deem exporter Square Textiles Ltd export their 60% yarn to their own sister
concern Square Knit Fabrics Ltd and balanced yarn they export to the others textiles
industry through back to back L/C. Square Knit Fabrics Ltd mainly export their
100% fabrics to their another sister concern Square Fashions Ltd which is a world
class garments manufacturing company and others textiles industry export their
fabrics to others garments company in our country. Square Fashions ltd and others
garments company have strong marketing tem they visit all over the world to market
their product to world class buyer like Puma, Nike, Asda, Matalan. Allmart, Mark &
Spencer, Kitaro, Redfild, H&M, Ashcity, Mexx etc Square Fashions Ltd and others
garments company Mainly collect L/C from those world class buyer and Square
Fashions Ltd give L/C to Square Knit Fabrics Ltd and others garments company give
L/C to another Fabrics manufacturing company to collect fabrics. As well as Square
Knit Fabrics Ltd and others textiles mills give L/C to Square Textiles Ltd to collect
yarn for producing fabrics. As Square Textiles is a deem exporter so the export their
yarn to Square knit Fabrics and others textiles industry Square Knit Fabrics and
others textiles company export their fabrics to Square Fashions and others garments
industry and garment companies are direct exporter so in this scence Square Textiles
Ltd is 100 % export oriented yarn manufacturing company. Square Textiles Ltd also
sale a little portion of yarn in locally which is produce by wastage cotton. These types
of yarn are “B” Grade and it is not meet the export quality.
3.10.3. COMPARISON TO OTHERS COMPANY WITH EXPORT POLICY
Square’s policy is always different from the others companies policy. So Square
Textiles follow some technique to increase their export. Like in production they use
heterogeneous system to create a big lot e,i. As same quality of cotton they mix as
bellow:
Uzbekistani’s Cotton 2 Bells
US Cotton 1 Bell
Syrians Cotton 2 Bells

20. West African’s Cotton 3 Bells
Indonesia’s Cotton 1 Bell
____________
Total 9 Bells
And create a big lot 90 tons to 100 tons, so that big customers always prefer to use
same lot of yarn to get better result in dyeing and there no shade variation for their
big production. Square Textiles always try to produce same quality of yarn allover
the year for this reson buyers always prefer Square textile’s Yarn but others
company follow general system Where they use Same cotton e’i. When they use
Uzbek cotton then they use only Uzbek cotton. So that their yarn lot is always small
e,i. 30 to 40 tons and allover the year they cannot maintain the same quality, so big
buyer do not prefer their yarn for their hues production.
Square Textiles Ltd follows another technique e,i. they always try to meet customer’s
shipment on due date but on the other hand others company always cannot do that.
So Square Textile’s sales always in creasing.
3.10.4. LACKING OF POLICY
Square Textiles Ltd always use Heterogeneous system e,i. They use mix cotton to
produce yarn, so their production cost is less and others company use general
system e,i. They use 100 % Uzbekistani’s cotton it is costly so their production cost
always high. If in the market create a rumer that square textiles do not use 100%
Uzbek cotton but their yarn rate is higher than the others it is bad for them and they
can loose their big market.
3.10.5. HOW CAN OVERCOME THIS LACKING
Square Textiles can avoid Heterogeneous system and they can increase their
dependency on Central Asia’s cotton.
They can reduce their yarn price and convince customers that though square use
heterogeneous system but their result is same like central Asia’s cotton.
They can also convince their customers to reduce dependency on CIS cotton to
absorb any shock in future.

21. 3.11. LAST FOUR YEARS SALES TURNOVER
QUANTITY SOLD IN THOUSAND (KG.):
2004 2003 2002 2001
Local sales 99 527 539
453
Export sales 14554 13417 13129 12705
TotalSales 14653 13944 13668 13158
Total Sales
14653
13944
13668
13158
12000
12500
13000
13500
14000
14500
15000
2004 2003 2002 2001
Total Sales
Figure: 6

22. QUANTITY SOLD IN THOUSAND (TAKA)
2004 2003 2002
2001
Local sales 9455 32576 46956
43881
Export sales 2093214 1756441 2029968 2054190
TotalSales 2102669 1789017 2076924
2098071
Total Sales
2102669
1789017
2076924 2098071
1600000
1700000
1800000
1900000
2000000
2100000
2200000
2004 2003 2002 2001
Total Sales
Figure: 7

23. 3.12. MARKET SHARE
Shamim Spinning Mills Ltd. 30%
Padma Textiles Ltd. 25%
Square Textiles Ltd. 20%
Mother Textiles Ltd. 15%
Prime textiles Ltd. 05%
Others 05%
Total 100%
Market Share
30%
25%
20%
15%
5% 5%
Shameem Spinning Mills ltd. Padma Textile Mills ltd.
Square Textiles ltd. Mother Textiles ltd.
Prime Textiles ltd. Otherss
Figure: 8

24. 3.13. Financial Statement
3.13.1.
SQUARE TEXTILES LTD.
BALANCE SHEET
As at 31 December 2004.
AMOUNT IN TK.
31-12-2004 31-12-2003
NET ASSETS:
FixedAssets 121,73,31,766 132,66,42,613
Current Assets:
Stocks 32,90,15,503 25,05,79,314
Trade Debtors 84,00,66,283 74,68,96,100
Adv. Deposits & Payments 4,66,13,570 4,88,12,438
Cash & Bank Balances 6,83,69,954 91,24,736
250,13,97,076 238,20,55,201
LIABILITIES:
Current Liabilities:
Short Term Loan 113,01,54,432 99,75,36,568
Long Term Loan-Current Portion ------------- 11,28,97,588
Sundry Creditors 7,08,81,052 5,84,02,645
Liabilities For other Finance 4,73,56,925 3,95.84.188
Provision for Income Tax 1,91,10,742 ___ 57,51,014
126,75,03,151 121,41,72,003
SHARE HOLDERS EQUITY:
Share Capital 25,19,00,000 25,19,00,000
Tax Holiday Reserve 33,96,71,397 29,69,28,100
General Reserve & Surplus 64,23,22,528 59,77,80,098
250,13,97,076 238,20,55,201
3.13.2.
SQUARE TEXTILES LTD.
INCOME STATEMENT
For the year ended 31 December 2004.

25. AMOUNT IN TK.
2004 2003
Sales 210,26,70,263 178,90,18,386
Less: Cost Of Goods Sold 173,70,55,759 150,02,81,590
Gross Profit: 36,56,14,504 28,87,36,796
Less: Operating and
financial expenses 17,55,24,220 19,78,35,510
Operating Income 19,00,90,284 9,09,01,286
Other Income 2,25,844 6,63,215
Net Profit Before WPPF 19,03,16,128 9,15,64,501
Allocation For WPPF & WF 90,62,673 43,60,214
Net Profit Before Tax 18,12,53,455 8,72,04,287
Less: Provision for
Income Tax 1,33,59,728 57,51,014
Net Profit For the Year 16,78,93,727 8,14,53,273
3.13.3.
SQUARE TEXTILES LTD.
Cash Flow Statement
For the year ended31 December 2004.
AMOUNT IN TK.
2004 2003
Cash Flow from
Operating Activities:
RECEIPTS:
Collection From Sales 200,95,00,080 186,13,50,517
Others 2,25,844 6,63,215
200,97,25,924 186,20,13,732

26. Less:
PAYMENTS:
Purchase of Raw and
Packing Materials (139,80,91,956) (104,62,25,984)
Manufacturing and
Operating Expenses (33,94,18,521) (32,32,02,946)
Interests (11,44,33,862) (14,26,12,064)
Workers Profit Participation Fund (42,62,961) (81,73,177)
185,62,07,300 152,02,14,171
Net Cash Provided by
Operating Activities 15,35,18,624 34,17,99,561
Cash Flow from
Investing Activities:
Purchase of Fixed Asset (1,78,17,640) (1,95,36,204)
Less: Disposal of Fixed Asset 57,06,958 40,00,000
Net Cash Used in
Investing Activities 1,21,10,682 1,55,36,204

27. Cash Flow from Financing Activities:
Long and Medium
Term Loan-Repaid 13,41,72,588 17,52,92,648
Dividend Paid 8,06,08,000 7,40,59,553
Short Term Loan-Received (13,26,17,864) (8,04,32,598)
Net Cash Used in
Financing Activities 8,21,62,724 32,97,84,799
Increase/(Decrease) in
Cash Bank Balance 5,92,45,218 35,21,442
Cash and Bank Balance
at Opening 91,24,736 1,26,46,178
Cash and Bank Balance
at Closing 6,83,69,954 91,24,736

28. 4. ORGANIZATIONAL STRATEGY
4.1. NAME OF STRATEGY
Square follows the following organizational strategy for his
organization:
1) Business diversification strategy
2) Best cost strategy
3) Nich marketing strategy
1) In present they are diversified business giant in Bangladesh.
2) They always provide improved quality of product for their customers
with lower price and they never compromise with their quality.
3) On the part of their business diversification strategy the always
tried to making their product for nich market Ex: Square harbal
Ltd. (A harbal medicine Company)
4.2. REASON FOR SUCCESS/FAILURE
Most of the cases they are successful because they are committed to
his customers and Bangladesh for their quality product. Square
believes in using advanced technology to cope with the changing
world. Motivation & diversification is its major strength.

29. 5. FINDINGS
• Square Textiles mainly use mix cotton to produce yarn but on the other
hand others company use Uzbek cotton.
• Square Textile’s yarn price is higher than the others company
• Square Textiles do not forward booking to procure cotton but others
company do that.
• They do not arrange get together for their big buyer at least one time a
year.
• They do not invite their big buyer to visit their factory.
6. RECOMMENDATION:
• As square Textiles use mix cotton so they can reduce their yarn price
• Square Textiles can follow the others company e,i. they can only use CIS
cotton.
• Square Textiles can convince their buyer to reduce dependency on CIS
cotton to absorb any shock in future.

30. • They can arrange get together for their buyer at least one time a year
where buyer can freely discuss their problem and they can give their
advice to overcome this problem.
7. CLOSING SECTION
7.1. SUMMERY
Square Textiles Ltd. is one of the largest companies in the textile
sector of the country. It has a most modern and sophisticated
equipment with a group of professional peoples who posses a high
standard of technical know how. This company produces a high quality
of yarn of which 95% is exported to foreign countries and this has
been possible as the company is very conscious in maintaining the
high standard of quality. Presently the company’s progress is upwards.
Finally we can say this company has set a milestone in the textile
sector in the country.
7.2. CONCLUSION
Square Textiles Ltd. has reached to its present stable and profitable
position due to its operational activities in the right way managed by a
group of professional and technical experts. The company’s people are

31. well motivated and working under a healthy congenial environment.
Here all facilities are available for smooth operations of the company.
On the other hand the company is contributing to the national
economy by employing a lot of people and earning foreign currency for
which we feel proud for having such a company in our country.
7.3. REFERENCE
 Annual Report & Brochure
 www.square-bd.com
8. BACK MATTER
8.1. BIBLIOGRAPHY
• Annual Report
• Brochure
• www.square-bd.com
8.2. GLOSSARY
1. Income Statement: A Financial Statement that presents the
revenues & expenses
2. Balance Sheet: A Financial Statement that reports the assets, liability & owners
equity at a specific date
3. Cash Flow Statement: A Financial Statement that summarizes cash
inflow & outflow
4. Liability: Creditorship claim on total assets
5. Blow Room: It is the first stage of yarn manufacturing process to
clean raw materials (Cotton)
6. Combed Yarn: When yarn production processes gone through the
combed machine (Best quality yarn)
7. Count: Measurement of yarn thickness

32. 8. Chiller: System to cool the air temperature
9. Hosiery Plant: The yarn used for hosiery products
10. Humidification: This is the system of air handling with control of
moisture in the air
11. ISO: International Standard Organization
12. OEKO: TEX Standard law. US based certification body for
controlling health-hazard
13. Paid up Capital: It is the part of the authority capital, which are
initiates invested in the business
14. Spindle: This is the unit of a final production process in textile
industry
15. Span: The process to make yarn from stable fiber
16. Yarn: Fine fiber raw cotton

33. 8.3 INDEX
Balance Sheet : 27
Blow Room : 17
Cash Flow Statement : 29-30
Chiller : 17
Combed Yarn : 16
Count : 16
Humidification : 17
Income Statement : 28
ISO : 11
Liability : 27
OEKO : 11
Paid up Capital : 11
Spindle : 16
Yarn : 11,16