30 June 2014 30 June 2013

Taka Taka
Assets

Non current assets

Property, plant and equipment 102,044,879 120,730,204
102,044,879 120,730,204
Current assets
Accounts receivable 74,969,582 6,925,640
Inventories 5,336,728 8,561,701
Advances, deposits and prepayments 12,877,618 1,712,320
Cash and cash equivalents 12,485,723 10,351,865
Advance Income Tax 7,836,808 7,342,845
113,506,459 34,894,371
Total assets 215,551,338 155,624,575

Equity and liabilities

Shareholders' equity
Share capital 2,500,000 500,000
Retained earnings 69,988,355 56,870,778
72,488,355 57,370,778

Non current liabilities

Term loan 21,780,145 31,976,013
21,780,145 31,976,013
Current liabilities
Accounts payables 12,005,611 10,110,331
Other payables 74,690,497 43,053,594
Bank loan and overdraft 32,086,729 13,113,858
118,782,837 66,277,783
Total equity and liabilities 213,051,337 155,624,574

2,500,001 1
 SECUREX (Pvt.) Limited
Statement of Cash Flows
For the Year- End June 30,2014

Operating Activities : Amount In Taka

Net Income-Before Tax 27,103,965
Non Cash Adjustment:
Depreciation 27,624,513
Finance Income -
Bad debt -
Cash Generation from operation 54,728,478

Due to changes in working Capital

Inventories (Increase) / Decrease 3,224,973
Advance, Deposit & Prepayments (Increase) / Decrease (11,165,298)
Trade Receivable (Increase) / Decrease (68,043,942)
AIT (Increase) / Decrease (9,980,351)
Payable Increase / ( Decrease ) 1,895,280
Accruals Increase / ( Decrease ) 31,636,903
Income tax paid -
Net Changes in WCA (52,432,435)

Net Cash provided by Operational Activities ( A) 2,296,043

Investment Activities:
Cash used to acquire Fixed Assets (8,939,189)
Interest received
Cash used to acquire Other Assets
Investment in FDR -
Total Investment Activities (B) (8,939,189)
Net Cash from Business Activities ( C=A-B) (6,643,146)

Financing Activities:
Bank OD increase/( Decrease) 18,972,871
Loan increase/( Decrease) (10,195,868)
Total Financing Activities ( D ) 8,777,003
Net Charges in Cash ( C + D ) 2,133,857
Cash at beginning 10,351,865
Closing Cash & Bank 12,485,722
 30 June 2013 30 June 2012
Taka Taka
Assets

Non current assets

Property, plant and equipment 120,730,204 119,941,053
120,730,204 119,941,053
Current assets
Accounts receivable 6,925,640 7,729,438
Inventories 8,561,701 8,443,061
Advances, deposits and prepayments 1,712,320 1,894,954
Cash and cash equivalents 10,351,865 10,109,858
Advance Income Tax 7,342,845 6,652,939
34,894,371 34,830,250
Total assets 155,624,575 154,771,303

Equity and liabilities

Shareholders' equity
Share capital 500,000 500,000
Retained earnings 56,870,778 44,331,178
57,370,778 44,831,178

Non current liabilities

Term loan 31,976,013 57,849,350
31,976,013 57,849,350
Current liabilities
Accounts payables 10,110,331 3,166,017
Other payables 43,053,594 44,973,095
Bank loan and overdraft 13,113,858 3,951,663
66,277,783 52,090,775
Total equity and liabilities 155,624,574 154,771,303

1 -
 SECUREX (Pvt.) Limited
Statement of Cash Flows
For the Year- End June 30,2013

Operating Activities : Amount In Taka

Net Income-Before Tax 12,539,600
Non Cash Adjustment:
Depreciation 7,026,629
Finance Income -
Bad debt -
Cash Generation from operation 19,566,229

Due to changes in working Capital

Inventories (Increase) / Decrease (118,640)
Advance, Deposit & Prepayments (Increase) / Decrease 182,634
Trade Receivable (Increase) / Decrease 803,798
AIT (Increase) / Decrease (4,528,907)
Payable Increase / ( Decrease ) 6,944,314
Accruals Increase / ( Decrease ) 1,919,501
Income tax paid -
Net Changes in WCA 5,202,700

Net Cash provided by Operational Activities ( A) 24,768,929

Investment Activities:
Cash used to acquire Fixed Assets (7,815,780)
Interest received
Cash used to acquire Other Assets
Investment in FDR -
Total Investment Activities (B) (7,815,780)
Net Cash from Business Activities ( C=A-B) 16,953,149

Financing Activities:
Bank OD increase/( Decrease) 9,162,195
Loan increase/( Decrease) (25,873,337)
Total Financing Activities ( D ) (16,711,142)
Net Charges in Cash ( C + D ) 242,007
Cash at beginning 10,109,858
Closing Cash & Bank 10,351,865
10,351,865

-
 30 June 2012 30 June 2011
Taka Taka
Assets

Non current assets

Property, plant and equipment 119,941,053 86,013,954
119,941,053 86,013,954
Current assets
Accounts receivable 7,729,438 3,086,491
Inventories 8,443,061 8,703,420
Advances, deposits and prepayments 1,894,954 1,033,411
Cash and cash equivalents 10,109,858 8,419,547
Advance Income Tax 6,652,939 4,058,343
34,830,250 25,301,212
Total assets 154,771,303 111,315,166

Equity and liabilities

Shareholders' equity
Share capital 500,000 500,000
Retained earnings 44,331,178 27,683,320
44,831,178 28,183,320

Non current liabilities

Term loan 57,849,350 31,106,075
57,849,350 31,106,075
Current liabilities
Accounts payables 3,166,017 1,536,232
Other payables 44,973,095 38,162,010
Bank loan and overdraft 3,951,663 12,329,870
52,090,775 52,028,112
Total equity and liabilities 154,771,303 111,317,507

- (2,341)
 SECUREX (Pvt.) Limited
Statement of Cash Flows
For the Year- End June 30,2012

Operating Activities : Amount In Taka

Net Income-Before Tax 16,647,858
Non Cash Adjustment:
Depreciation 6,973,451
Finance Income -
Bad debt -
Cash Generation from operation 23,621,309

Due to changes in working Capital

Inventories (Increase) / Decrease 260,359
Advance, Deposit & Prepayments (Increase) / Decrease (861,543)
Trade Receivable (Increase) / Decrease (4,642,947)
AIT (Increase) / Decrease (2,592,255)
Payable Increase / ( Decrease ) 1,629,785
Accruals Increase / ( Decrease ) 6,811,085
Income tax paid -
Net Changes in WCA 604,484

Net Cash provided by Operational Activities ( A) 24,225,793

Investment Activities:
Cash used to acquire Fixed Assets (40,900,550)
Interest received
Cash used to acquire Other Assets
Investment in FDR -
Total Investment Activities (B) (40,900,550)
Net Cash from Business Activities ( C=A-B) (16,674,757)

Financing Activities:
Bank OD increase/( Decrease) (8,378,207)
Loan increase/( Decrease) 26,743,275
Total Financing Activities ( D ) 18,365,068
Net Charges in Cash ( C + D ) 1,690,311
Cash at beginning 8,419,547
Closing Cash & Bank 10,109,858
10,109,858