AHMED TOYS (PVT.

) LIMITED
Balance Sheet
As on 31st December
Particulars
2001
ASSETS
A. Current Assets
Stock and Stores
Advances & Deposits (including L/c Margin)
Prepaid Expenses
Accounts Receivable
Marketable Securities
Cash in hand
Cash at Bank
Total Current Assets (A)
B. Non-Current Assets
Investment in Associated Company
Investment in Subsidiary Company
Property Plant and Equipment
Preliminary Expenses
Total Non-Current Assets (B)
Total Assets (A+B)
LIABILITIES
C. Current Liabilities
Due to Directors
Cash Credit
Expenses Accruals
Accounts Payable
Proposed Dividend
Tax Provision
Totoa Current Liabilities (C)
D. Non-Current Liabilities
Long Term Loans
E. Total Liabilities (C+D)
CAPITAL
F. Shareholder's Equity
Share Capital
General Reserve
Retained Earnings
Total Shareholder's Equity (F)
Total Liabilities & Shareholder's Equity (E+F)

2000

1999

90,000
35,000
16,000
200,000
76,000
54,000
93,000
564,000

88,000
32,000
14,000
70,000
40,000
4,000
29,000
277,000

88,000
5,000
10,000
25,000
Nil
3,000
4,000
135,000

100,000
50,000
2,566,000
Nil
2,716,000
3,280,000

Nil
40,000
2,928,000
5,000
2,973,000
3,250,000

Nil
40,000
3,238,000
10,000
3,288,000
3,423,000

Nil
161,000
7,000
21,000
36,000
20,000
245,000

10,000
142,000
38,000
9,000
26,000
15,000
240,000

20,000
300,000
40,000
29,000
17,000
11,000
417,000

1,350,000
1,595,000

1,450,000
1,690,000

1,550,000
1,967,000

1,250,000
161,000
274,000
1,685,000
3,280,000

1,250,000
125,000
185,000
1,560,000
3,250,000

1,250,000
96,000
110,000
1,456,000
3,423,000

Note: Contingent liability of the company is Tk. 9.00 lac and annual installment on long-term loan is Tk.
1.0 lac each year

1
2
3
4

5
6
7
8
9
10
11
12

13

AHMED TOYS (PVT.) LIMITED

Income Statement
For the Year Ended 31st December
Particulars
2001
Net Sales
1,325,000
Cost of Good Sold (Annex 1)
1,072,000
Gross Margin (1-2)
253,000
Operating Expenses:
Administrative and General (Annex 2)
42,000
Selling and Distribution (Annex 3)
16,000
Total Operating Expenses (4)
58,000
Operating Profit (3-4)
195,000
Non-Operating Expenses (Annex 4)
14,000
Profit Before Tax (5-60
181,000
Provision for Taxation
20,000
Net Profit After Tax (7-8)
161,000
Add. Balance of Profit b/f from previous year
185,000
Surplus Available for Appropriations (9+10)
346,000
Appropriations:
Transferred to General Reserve
36,000
Proposed Dividend
36,000
Total Appropriation (12)
72,000
Balance of Profit/Retained Earnings tr. to B/S (1112)
274,000

2000
1,245,000
1,032,000
213,000

1999
1,132,000
965,000
167,000

39,000
16,000
55,000
158,000
13,000
145,000
15,000
130,000
110,000
240,000

25,000
15,000
40,000
127,000
13,000
114,000
11,000
103,000
47,000
150,000

29,000
26,000
55,000

23,000
17,000
40,000

185,000

110,000

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount
DETAILED FINANCIALS REPORT

AUDITED
Shahid Ullah
Dec 31,2011
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

Cash/Bank Balances
L/C margin
Fixed Deposits and Marketable Securities
Acc. Receivables-Trade
Accounts Receivable - Others

281,768,189
1,250,913
1,162,193,572
493,010,423
33,112,928

210,575,524
462,907
779,449,539
605,862,856
24,095,796

293,123,286
0
1,200,762,080
536,206,848
24,781,538

Goods-in-transit
Inventory

11,422,295
1,646,640,274

12,424,340
1,765,464,378

11,973,584
1,978,166,140

4,795,815

35,606,796

4,916,436,599
2,190,860,497

5,555,035,678
2,554,040,844

5,654,738,431
2,920,378,315

82,955,354
948,002,439
194,219,227

195,139,515
1,303,990,755
243,259,995

146,608,294
1,656,003 ,346
231,31,6,170

392,682,041

389,152,953

463,219,346

316,506,302
165,098,899
1,085,466,420
11,356,392
106,399,330

231,631,259
172,927,231
1,455,687,469
21,856,219
219,094,868

278,661,729
195,95 9,690
1,840,804,971
30,621,932
225,676,743

32,931,914

18,567,275

18,483,567

2,530,808,500

2,793,999,350

3,062,279,290

1,3 18,179,609

1,293,599,640

1,280,0 45,6A7

1,473,647,979

1,473,647,979

1,473,647,979

FALSE

FALSE

FALSE

CURRENT ASSETS

Due from Affiliates - Current

FIXED ASSETS
Gross Fixed Assets
Less: Depreciation

NON-CURRENT ASSETS
Due from Principal, Emp, Affiliate, & Investment
Advance Income Tax
Deferred Charges,Pre-pymts & Adv.

CURRENT LIABILITIES
Short Term Bank Borrowings
Current Matured Portion of Term Debt (CMLTD)
Account Payable
Accrued Expense
Provision for Income Tax/Def. I/T Liabilities
Provision for employees benefits
Provision for royalty and technical know-how fee

LONG TERM LIABILITIES

Term Loan

NET WORTH
Paid up Capital
Directors Loan(subordinated)
Retained Earnings
Reserves
share premium

BALANCE

Difference (if any)

Credit Risk Grading Manual

###########

76,352,011 -431,806,875
37

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount

AUDITED
Shahid Ullah
Dec 31,2011
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

6,003,309,654
1,423,300,445

6,276,225,552
1,368,054,273

6,440,473,355
1,27 1,248,147

6,076,939

9,570,670

14,194,876

2,649,724,842

2,630,402,708

2,732,289,531

Less: Selling. Gen. & Admin. Expenses

867,911,763

996,481,776

1,108,821,303

Less: Depreciation
Less: Interest Expense

359,147,395
61,462,608

365,854,762
40,361,152

371,716,567
44,737,610

Add: Other Income

90,491,692

29,811,663

81,078,237

Income Taxes

318,963,510

356,7 41,639

358,296,602

Reserve
Cash W ithdrawals/Dividend

23
756,952,645

29
608,123,157

36
682,419,310

#VALUE!

#VALUE!

#VALUE!

#VALUE!

INCOME STATEMENT
Gross Sales
Less:VAT
Add: Other Operating Income
Less :Cost of Goods Sold

BALANCE

Difference (if any)

Credit Risk Grading Manual

38

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount
DETAILED FINANCIALS REPORT

AUDITED
Shahid Ullah
Dec 31,2011
12 Mths
in Taka

%
TBS

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

%
TBS

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

%
TBS

CURRENT ASSETS
Cash/Bank Balances
L/C margin
Fixed Deposits and Marketable Securities
Acc. Receivables-Trade
Accounts Receivable - Others
0
0
Goods-in-transit
Inventory

281,768,189
1,250,913
1,162,193,572
493,010,423
33,112,928
0
0
11,422,295
1,646,640,274

4
0
15
7
0
0
0
0
22

210,575,524
462,907
779,449,539
605,862,856
24,095,796
0
0
12,424,340
1,765,464,378

Total Inventory
0
Due from Affiliates - Current
TOTAL CURRENT ASSETS

1,658,062,569
0
0
3,629,398,594

22
0
0
48

FIXED ASSETS
Gross Fixed Assets
Less: Depreciation
NET FIXED ASSETS

4,916,436,599
2,190,860,497
2,725,576,102

NON-CURRENT ASSETS
Due from Principal, Emp, Affiliate, & Investment
82,955,354
Advance Income Tax
948,002,439
Deferred Charges,Pre-pymts & Adv.
194,219,227
0
0
TOTAL NON-CURRENT ASSETS
3,950,753,122
TOTAL ASSETS

1,777,888,718
0
4,795,815
3,403,131,155

3
0
10
7
0
0
0
0
22
0
22
0
0
42

293,123,286
0
1,200,762,080
536,206,848
24,781,538
0
0
11,973,584
1,978,166,140
1,990,139,724
0
35,606,796
4,080,620,272

4
0
17
8
0
0
0
0
28
0
29
0
1
59

0
65
29
36

5,555,035,678
2,554,040,844
3,000,994,834

0
68
31
37

5,654,738,431
2,920,378,315
2,734,360,116

0
81
42
39

0
1
13
3
0
52

195,139,515
1,303,990,755
243,259,995
0
4,743,385,099

0
0
2
146,608,294
2
16
1,656,003 ,346 ###
3
231,31,6,170 ###
0
0
0
58 2,880,968,410
41
0
0
8,146,516,254 100 6,961,588,682 100

7,580,151,716

100

Short Term Bank Borrowings

392,682,041
Current Matured Portion of Term Debt (CMLTD)
0
Account Payable
316,506,302
Accrued Expense
165,098,899
Provision for Income Tax/Def. I/T Liabilities
1,085,466,420
Provision for employees benefits
11,356,392
Provision for royalty and technical know-how fee
106,399,330
TOTAL CURRENT LIABILITIES
2,077,509,384

6
0
5
3
18
0
2
34

389,152,953
0
231,631,259
172,927,231
1,455,687,469
21,856,219
219,094,868
2,490,349,999

5
0
3
2
18
0
3
31

463,219,346
6
0
0
278,661,729
4
195,95 9,690 ###
1,840,804,971
25
30,621,932
0
225,676,743
3
2,838,984,721
38

LONG TERM LIABILITIES

Term Loan
0
TOTAL LIABILITIES

32,931,914
0
2,110,441,298

0
1
0
35

18,567,275
0
2,508,917,274

0
0
0
31

18,483,567
0
2,857,468,288

NET WORTH
Paid up Capital
Directors Loan(subordinated)
Retained Earnings
Reserves
share premium
0
NET WORTH

0
2,530,808,500
41
0
0
1,3 18,179,609 ###
0
0
1,473,647,979
24
0
0
4,004,456,479
65

2,793,999,350
0
1,293,599,640
0
1,473,647,979
0
5,561,246,969

0
35
0
16
0
18
0
69

0
3,062,279,290
41
0
0
1,280,0 45,6A7 ###
0
0
1,473,647,979
20
0
0
4,535,927,269
61

TOTAL LIABILITIES & NET WORTH

6,114,897,777

8,070,164,243 100 7,393,395,557

100

0
0
0
39

100

AHMED TOYS (PVT.) LIMITED

Auditor

AUDITED

AUDITED

AUDITED

Analyst

Shahid Ullah

Sales

Shahid Ullah

Sales

Shahid Ullah

Sales

FYE

Dec 31,2011

Dec 31,2012

Dec 31,2013

Period

12 Mths

12 Mths

12 Mths

Amount

in Taka

in Taka

in Taka

INCOME STATEMENT
Gross Sales

6,003,309,654

131

6,276,225,552

128

6,440,473,355 ####

Less:VAT

1,423,300,445

31

1,368,054,273

28

1,27 1,248,147 ####

Net Sales

4,580,009,209

100

4,908,171,279

100

#VALUE!

####

6,076,939

9,570,670

14,194,876

####

Total Sales Revenue

4,586,086,148

100

4,917,741,949

100

#VALUE!

####

Less :Cost of Goods Sold

2,649,724,842

58

2,630,402,708

54

1,936,361,306

42

2,287,339,241

47

#VALUE!

###

####

867,911,763

19

996,481,776

20

1,068,449,543

23

1,290,857,465

26

#VALUE!

###

####

359,147,395

365,854,762

371,716,567

####

61,462,608

40,361,152

44,737,610

####

Add: Other Operating Income

GROSS PROFIT/REVENUE
0
Less: Selling. Gen. & Admin. Expenses
0
TOTAL OPERATING PROFIT (EBITDA)
0
Less: Depreciation
Less: Interest Expense
0

PROFIT BEFORE TAXES & EXTR ITEM

Add: Other Income
0
Income Taxes
0
NET PROFIT
Reserve
Cash Withdrawals/Dividend

1,108,821,303 ####
####

####
####

647,839,540

14

884,641,551

18

#VALUE!

###

90,491,692

29,811,663

81,078,237

####

####

318,963,510

356,7 41,639

####

358,296,602

####

####

419,367,722

914,453,214

19

#VALUE!

###

23

29

36

####

756,952,645

17

608,123,157

12

682,419,310

####

0
TOTAL CHANGES IN RETAINED EARNINGS

2,732,289,531 ####

0
-337,584,946

-7

0
306,330,028

####
#VALUE!

###

AHMED TOYS (PVT.) LIMITED

FINANCIAL RATIOS

Dec 31,2011
%

Dec 31,2012
%

Dec 31,2013
%

N/A
N/A
N/A
N/A
N/A
N/A

4.55
7.17
118.06
7.47
18.88
38.88

2.62
#VALUE!
#VALUE!
-14.55
13.89
-18.44

42.22
18.92
23.30
7.83
23.30
1.34
14.13
9.14
5.53
10.47
180.50

46.51
20.26
26.25
7.44
26.25
0.82
17.99
18.59
11.23
16.44
66.50

#VALUE!
20.26
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

11.54
17.38

22.92
31.98

#VALUE!
#VALUE!

39
44
228
0.6

45
32
247
0.6

#VALUE!
37
266
#VALUE!

1,551,889,210
0.93
1.75
2.96

912,781,156
0.64
1.37
5.39

1,241,635,551
0.72
1.44
#VALUE!

0.53
2.1
0.54

0.45
3.6
0.47

0.63
4.0
0.66

GROWTH RATIOS:
Sales Growth, Sales%
Net Sales Growth, Composite %
Net Income Growth, %
Total Assets Growth, %
Total Liabilities Growth, %
Net Worth Growth, %
PROFITABILITY RATIOS:
Gross Margin, Composite %
SG & A, %
Cushion (Gross Margin - SG&A), %
Depreciation, Amortization, %
Operating Profit Margin, %
Interest Expense, %
Operating Margin, %
Net Margin, %
Return on Assets, %
Return on Equity, %
Cash Withdrawal/Dividend Payout Rate, %
COVERAGE RATIOS:
Interest Coverage (EBIT/Total Interest)
Debt Ser.Coverage(EBITDA/Total Interest+CMLTD)
ACTIVITY RATIOS:
Receivables in Days
Payables in Days
Inventory in Days
Sales/Total Assets (X)
LIQUIDITY RATIOS:
Working Capital
Quick Ratio (X)
Current Ratio (X)
Sales/ Net Working Capital (X)
LEVERAGE RATIOS:
Total Liabilities/ Net Worth (X)
Affiliate Exposure/Net Worth (%)
Total Liabilities/(Net Worth-Affiliates) (X)

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

884,641,551
40,361,152
365,854,762
370,221,049

#VALUE!
44,737,610
371,716,567
385,117,502

1,661,078,514

#VALUE!

-40,361,152
#VALUE!
-608,123,157

-44,737,610
-358,296,602
-682,419,310

#VALUE!

#VALUE!

-641,273,494

-105,081,849

#VALUE!

#VALUE!

CASH FLOW STATEMENT

Profit Before Tax After Extra Items
Add: Interest Expense
Add: Depreciation
Add/Minus: Change in Deferred Taxes
EBITDA Cash Flow
Less: Interest Expense
Less: Taxes
Less: Dividends
CF Before Investing Activities
Less: Capital Expenditures
CF Before Working Capital Changes
Plus/Minus: Change in Accts Receivable
Plus/Minus: Change in Inventory
Plus/Minus:Change in Prepaid Expense
Plus/Minus:Change in Mkt. Securities
Plus/Minus: Change in Accounts Payable
Plus/Minus: Change in Accued Expenses
Plus/Minus: Change in Dividends Payable

-112,852,433
-119,826,149
-405,029,084

69,656,008
-212,251,006
#VALUE!

382,744,033

-421,312,541

-84,875,043
7,828,332
112,695,538

47,030,470
#VALUE!
6,581,875

Total Working Capital Changes

-219,314,806

#VALUE!

CF Before Intercompany Transaction

#VALUE!

#VALUE!

Plus/Minus: Inter Trade Rec from/to Affil.

-116,979,976

17,720,240

#VALUE!

#VALUE!

10,499,827

8,765,713

CF Before Other B/S Movements

Plus/Minus: Other B/S Movements
Financing Needs/Surplus

#VALUE!

#VALUE!

Share Capital/Directors Loan

263,190,850

268,279,940

Plus/Minus: ST Bank Debt

Plus/Minus: LT Bank Debt
Total Financing

-3,529,088

74,066,393

-14,364,639

-83,708

-17,893,727

73,982,685

CF after Financing
Plus/Minus: Change In Cash

#VALUE!
-71,980,671

#VALUE!
82,084,855

#VALUE!

#VALUE!

Difference

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount
DETAILED FINANCIALS REPORT

AUDITED
Shahid Ullah
Dec 31,2011
12 Mths
in Taka

%
TBS

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

%
TBS

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

%
TBS

CURRENT ASSETS
Cash/Bank Balances
L/C margin
Fixed Deposits and Marketable Securities
Acc. Receivables-Trade
Accounts Receivable - Others
0
0
Goods-in-transit
Inventory

281,768,189
1,250,913
1,162,193,572
493,010,423
33,112,928
0
0
11,422,295
1,646,640,274

4
0
15
7
0
0
0
0
22

210,575,524
462,907
779,449,539
605,862,856
24,095,796
0
0
12,424,340
1,765,464,378

Total Inventory
0
Due from Affiliates - Current
TOTAL CURRENT ASSETS

1,658,062,569
0
0
3,629,398,594

22
0
0
48

FIXED ASSETS
Gross Fixed Assets
Less: Depreciation
NET FIXED ASSETS

4,916,436,599
2,190,860,497
2,725,576,102

NON-CURRENT ASSETS
Due from Principal, Emp, Affiliate, & Investment
82,955,354
Advance Income Tax
948,002,439
Deferred Charges,Pre-pymts & Adv.
194,219,227
0
0
TOTAL NON-CURRENT ASSETS
3,950,753,122
TOTAL ASSETS

1,777,888,718
0
4,795,815
3,403,131,155

3
0
10
7
0
0
0
0
22
0
22
0
0
42

293,123,286
0
1,200,762,080
536,206,848
24,781,538
0
0
11,973,584
1,978,166,140
1,990,139,724
0
35,606,796
4,080,620,272

4
0
17
8
0
0
0
0
28
0
29
0
1
59

0
65
29
36

5,555,035,678
2,554,040,844
3,000,994,834

0
68
31
37

5,654,738,431
2,920,378,315
2,734,360,116

0
81
42
39

0
1
13
3
0
52

195,139,515
1,303,990,755
243,259,995
0
4,743,385,099

0
0
2
146,608,294
2
16
1,656,003 ,346 ###
3
231,31,6,170 ###
0
0
0
58 2,880,968,410
41
0
0
8,146,516,254 100 6,961,588,682 100

7,580,151,716

100

Short Term Bank Borrowings

392,682,041
Current Matured Portion of Term Debt (CMLTD)
0
Account Payable
316,506,302
Accrued Expense
165,098,899
Provision for Income Tax/Def. I/T Liabilities
1,085,466,420
Provision for employees benefits
11,356,392
Provision for royalty and technical know-how fee
106,399,330
TOTAL CURRENT LIABILITIES
2,077,509,384

6
0
5
3
18
0
2
34

389,152,953
0
231,631,259
172,927,231
1,455,687,469
21,856,219
219,094,868
2,490,349,999

5
0
3
2
18
0
3
31

463,219,346
6
0
0
278,661,729
4
195,95 9,690 ###
1,840,804,971
25
30,621,932
0
225,676,743
3
2,838,984,721
38

LONG TERM LIABILITIES

Term Loan
0
TOTAL LIABILITIES

32,931,914
0
2,110,441,298

0
1
0
35

18,567,275
0
2,508,917,274

0
0
0
31

18,483,567
0
2,857,468,288

NET WORTH
Paid up Capital
Directors Loan(subordinated)
Retained Earnings
Reserves
share premium
0
NET WORTH

0
2,530,808,500
41
0
0
1,3 18,179,609 ###
0
0
1,473,647,979
24
0
0
4,004,456,479
65

2,793,999,350
0
1,293,599,640
0
1,473,647,979
0
5,561,246,969

0
35
0
16
0
18
0
69

0
3,062,279,290
41
0
0
1,280,0 45,6A7 ###
0
0
1,473,647,979
20
0
0
4,535,927,269
61

TOTAL LIABILITIES & NET WORTH

6,114,897,777

8,070,164,243 100 7,393,395,557

Credit Risk Grading Manual

100

0
0
0
39

100

39

AHMED TOYS (PVT.) LIMITED

Auditor

AUDITED

AUDITED

AUDITED

Analyst

Shahid Ullah

Sales

Shahid Ullah

Sales

Shahid Ullah

Sales

FYE

Dec 31,2011

Dec 31,2012

Dec 31,2013

Period

12 Mths

12 Mths

12 Mths

Amount

in Taka

in Taka

in Taka

INCOME STATEMENT
Gross Sales

6,003,309,654

131

6,276,225,552

128

6,440,473,355 ####

Less:VAT

1,423,300,445

31

1,368,054,273

28

1,27 1,248,147 ####

Net Sales

4,580,009,209

100

4,908,171,279

100

#VALUE!

####

6,076,939

9,570,670

14,194,876

####

Total Sales Revenue

4,586,086,148

100

4,917,741,949

100

#VALUE!

####

Less :Cost of Goods Sold

2,649,724,842

58

2,630,402,708

54

1,936,361,306

42

2,287,339,241

47

#VALUE!

####

####

867,911,763

19

996,481,776

20

Add: Other Operating Income

GROSS PROFIT/REVENUE
0
Less: Selling. Gen. & Admin. Expenses
0
TOTAL OPERATING PROFIT (EBITDA)
0
Less: Depreciation
Less: Interest Expense

####

23

1,290,857,465

26

#VALUE!

####

####

359,147,395

365,854,762

371,716,567

####

61,462,608

40,361,152

44,737,610

####

Add: Other Income

0
Income Taxes
0
NET PROFIT
Reserve
Cash Withdrawals/Dividend

Credit Risk Grading Manual

####
####

647,839,540

14

884,641,551

18

#VALUE!

####

90,491,692

29,811,663

81,078,237

####

####

318,963,510

356,7 41,639

####

358,296,602

####

####

419,367,722

914,453,214

19

#VALUE!

####

23

29

36

####

756,952,645

17

608,123,157

12

682,419,310

####

#VALUE!

####

0
TOTAL CHANGES IN RETAINED EARNINGS

1,108,821,303 ####

1,068,449,543

0
PROFIT BEFORE TAXES & EXTR ITEM

2,732,289,531 ####

0
-337,584,946

-7

0
306,330,028

####

40

AHMED TOYS (PVT.) LIMITED

FINANCIAL RATIOS

Dec 31,2011
%

Dec 31,2012
%

Dec 31,2013
%

N/A
N/A
N/A
N/A
N/A
N/A

4.55
7.17
118.06
7.47
18.88
38.88

2.62
#VALUE!
#VALUE!
-14.55
13.89
-18.44

42.22
18.92
23.30
7.83
23.30
1.34
14.13
9.14
5.53
10.47
180.50

46.51
20.26
26.25
7.44
26.25
0.82
17.99
18.59
11.23
16.44
66.50

#VALUE!
20.26
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

11.54
17.38

22.92
31.98

#VALUE!
#VALUE!

39
44
228
0.6

45
32
247
0.6

#VALUE!
37
266
#VALUE!

1,551,889,210
0.93
1.75
2.96

912,781,156
0.64
1.37
5.39

1,241,635,551
0.72
1.44
#VALUE!

0.53
2.1
0.54

0.45
3.6
0.47

0.63
4.0
0.66

GROWTH RATIOS:
Sales Growth, Sales%
Net Sales Growth, Composite %
Net Income Growth, %
Total Assets Growth, %
Total Liabilities Growth, %
Net Worth Growth, %
PROFITABILITY RATIOS:
Gross Margin, Composite %
SG & A, %
Cushion (Gross Margin - SG&A), %
Depreciation, Amortization, %
Operating Profit Margin, %
Interest Expense, %
Operating Margin, %
Net Margin, %
Return on Assets, %
Return on Equity, %
Cash Withdrawal/Dividend Payout Rate, %
COVERAGE RATIOS:
Interest Coverage (EBIT/Total Interest)
Debt Ser.Coverage(EBITDA/Total Interest+CMLTD)
ACTIVITY RATIOS:
Receivables in Days
Payables in Days
Inventory in Days
Sales/Total Assets (X)
LIQUIDITY RATIOS:
Working Capital
Quick Ratio (X)
Current Ratio (X)
Sales/ Net Working Capital (X)
LEVERAGE RATIOS:
Total Liabilities/ Net Worth (X)
Affiliate Exposure/Net Worth (%)
Total Liabilities/(Net Worth-Affiliates) (X)

Credit Risk Grading Manual

41

AHMED TOYS (PVT.) LIMITED

Auditor
Analyst
FYE
Period
Amount

AUDITED
Shahid Ullah
Dec 31,2012
12 Mths
in Taka

AUDITED
Shahid Ullah
Dec 31,2013
12 Mths
in Taka

884,641,551
40,361,152
365,854,762
370,221,049

#VALUE!
44,737,610
371,716,567
385,117,502

1,661,078,514

#VALUE!

-40,361,152
#VALUE!
-608,123,157

-44,737,610
-358,296,602
-682,419,310

#VALUE!

#VALUE!

-641,273,494

-105,081,849

#VALUE!

#VALUE!

-112,852,433
-119,826,149
-405,029,084
-84,875,043
7,828,332
112,695,538

69,656,008
-212,251,006
#VALUE!
47,030,470
#VALUE!
6,581,875

-602,058,839

#VALUE!

CF Before Intercompany Transaction

#VALUE!

#VALUE!

Plus/Minus: Inter Trade Rec from/to Affil.

-116,979,976

17,720,240

#VALUE!

#VALUE!

10,499,827

8,765,713

#VALUE!

#VALUE!

-3,529,088

74,066,393

CASH FLOW STATEMENT

Profit Before Tax After Extra Items
Add: Interest Expense
Add: Depreciation
Add/Minus: Change in Deferred Taxes
EBITDA Cash Flow
Less: Interest Expense
Less: Taxes
Less: Dividends
CF Before Investing Activities
Less: Capital Expenditures
CF Before Working Capital Changes
Plus/Minus: Change in Accts Receivable
Plus/Minus: Change in Inventory
Plus/Minus:Change in Prepaid Expense
Plus/Minus: Change in Accounts Payable
Plus/Minus: Change in Accued Expenses
Plus/Minus: Change in Dividends Payable
Total Working Capital Changes

CF Before Other B/S Movements

Plus/Minus: Other B/S Movements
Financing Needs/Surplus
Plus/Minus: ST Bank Debt
Plus/Minus: LT Bank Debt
Total Financing
CF after Financing
Plus/Minus: Change In Cash

Credit Risk Grading Manual

-14,364,639

-83,708

-17,893,727

73,982,685

#VALUE!
#VALUE!

#VALUE!
#VALUE!

42