Bata Shoe Company (Bangladesh) Limited

Statement of Financial Position (Un-audited)

as at 30 June 2011
Group
2011
Jun
Taka
Assets
Property, plant and equipment
Capital work in progress
Investment in subsidiary
Deferred tax assets
Prepayments of rent
Total non-current assets

Company
2010
Dec
Taka

2011
Jun
Taka

2010
Dec
Taka

673,341,197
7,041,629
7,000,000
76,660,929
764,043,755

663,672,651
8,906,555
7,000,000
69,824,112
749,403,318

656,684,137
7,041,629
19,970,000
7,000,000
76,660,929
767,356,695

646,335,304
8,906,555
19,970,000
7,000,000
69,824,112
752,035,971

2,417,617,098
184,076,588
534,161,746

2,417,617,098
184,076,588
534,161,567
3,135,855,253
3,903,211,948

1,701,382,223
132,014,023
299,007,285
172,517,113
2,304,920,644
3,056,956,615

Inventories
Accounts receivable
Advances, deposits and prepayments
Cash and cash equivalents
Total current assets
Total assets

3,135,855,432
3,899,899,187

1,701,382,223
132,014,023
299,007,464
172,640,520
2,305,044,230
3,054,447,548

Equity
Share capital
Reserves and surplus
Total equity attributable to equity holders of the company
Less: Non-controlling interest
Total equity

136,800,000
1,242,472,407
1,379,272,407
3,127
1,379,269,280

136,800,000
1,184,257,799
1,321,057,799
2,103
1,321,055,696

136,800,000
1,244,554,224
1,381,354,224
1,381,354,224

136,800,000
1,185,657,853
1,322,457,853
1,322,457,853

153,055,092
153,055,092

147,847,820
147,847,820

153,055,092
153,055,092

147,847,820
147,847,820

286,053,213
539,688,460
267,291,448
221,823,185
308,845,082
556,058,783
187,814,645
2,367,574,815
2,520,629,907
3,899,899,187

392,729,864
213,120,081
179,539,644
263,121,200
479,056,283
57,976,960
1,585,544,032
1,733,391,852
3,054,447,548

286,176,620
539,688,460
267,291,448
222,958,095
308,822,082
556,051,283
187,814,645
2,368,802,632
2,521,857,724
3,903,211,948

392,729,864
213,120,081
180,674,554
263,098,200
479,051,283
57,976,960
1,586,650,942
1,734,498,762
3,056,956,615

Liabilities
Deferred liability
Total non-current liabilities
Bank Overdraft
Creditors for goods
Creditors for expenses
Creditors for other finance
Accrued expenses
Provision for tax
Unclaimed dividend
Total current liabilities
Total liabilities
Total equity and liabilities

Company Secretary

Chief Financial Officer

Managing Director

Bata Shoe Company (Bangladesh) Limited

Statement of Comprehensive Income (Un-audited)
for the period ended 30 June 2011
Group
2011
Jan - Jun
Taka
Revenue
Cost of sales
Gross profit
Exchange gain/(loss)
Other income
Administration, selling and distribution expenses
Profit from operating activities
Finance income
Finance expenses
Net finance income/(expenses)
Profit before contribution to workers' profit participation fund
Contribution to workers' profit participation fund
Profit before income tax
Income tax expense:
Current tax
Deferred tax

2,766,415,370
(1,784,093,030)
982,322,340
(1,064,838)
11,530,498
(690,061,002)
302,726,999
543,603
(9,702,077)
(9,158,475)
293,568,524
(14,712,441)
278,856,084

Company
2011
Jan - Jun
Taka
2,766,415,370
(1,784,093,030)
982,322,340
(1,064,838)
11,530,498
(689,380,715)
303,407,286
543,603
(9,702,077)
(9,158,475)
294,248,811
(14,712,441)
279,536,371

2010
Jan - Jun
Taka
2,373,162,448
(1,512,800,764)
860,361,684
1,490,756
7,693,121
(588,958,366)
280,587,194
6,888,519
(906,586)
5,981,933
286,569,127
(14,328,456)
272,240,671

Company

Group
2011
Apr - Jun
Taka

2011
Apr - Jun
Taka

1,341,577,651
(868,936,569)
472,641,082
(15,518)
5,168,938
(341,382,189)
136,412,313
93,690
(7,737,172)
(7,643,482)
128,768,831
(6,455,449)
122,313,382

1,341,577,651
(868,936,569)
472,641,082
(15,518)
5,168,938
(341,042,046)
136,752,456
93,690
(7,737,172)
(7,643,482)
129,108,974
(6,455,449)
122,653,525

2010
Apr - Jun
Taka
1,130,461,798
(720,499,412)
409,962,386
979,210
4,657,275
(279,845,479)
135,753,392
3,799,758
(456,586)
3,343,172
139,096,564
(6,954,828)
132,141,736

Profit for the period

77,002,500
77,002,500
201,853,584

77,000,000
77,000,000
202,536,371

77,000,000
77,000,000
195,240,671

34,651,250
34,651,250
87,662,132

34,650,000
34,650,000
88,003,525

40,500,000
40,500,000
91,641,736

Other comprehensive income

Total comprehensive income for the period

201,853,584

202,536,371

195,240,671

87,662,132

88,003,525

91,641,736

201,854,608
(1,024)
201,853,584

202,536,371
202,536,371

195,240,671
195,240,671

87,662,644
(512)
87,662,132

88,003,525
88,003,525

91,641,736
91,641,736

14.81

14.27

6.43

6.70

Profit/Total comprehensive income attributable to:

Owners of the company
Non-controlling interest

Basic earnings per share (par value Tk 10)

Company Secretary

14.76

Chief Financial Officer

6.41

Managing Director

Bata Shoe Company (Bangladesh) Limited

Statement of Cash Flows (Un-audited)
for the period ended 30 June 2011
Group
2011
Taka

Company
2011
Taka

2010
Taka

Cash flows from operating activities

Cash receipts from customers
Cash payments to and on behalf of employees
Cash payments to suppliers and contractors for goods and services
Cash generated from operating activities
Interest received from STD account
Interest paid
Income tax paid
Net cash from operating activities

2,743,317,355
(612,673,784)
(2,313,130,875)
(182,487,304)

2,743,317,355
(612,673,784)
(2,313,130,875)
(182,487,304)

2,327,971,221
(479,166,142)
(1,830,285,932)
18,519,147

543,603
(10,766,915)
(213,269,452)
(405,980,068)

543,603
(10,766,915)
(213,269,452)
(405,980,068)

15,262,573
(906,586)
(90,745,206)
(57,870,072)

3,983,301
(42,894,651)
(38,911,350)

3,983,301
(42,894,651)
(38,911,350)

933,816
(51,250,149)
(50,316,333)

(13,802,315)
(13,802,315)

(13,802,315)
(13,802,315)

(6,346,633)
(6,346,633)

(458,693,733)

(458,693,733)

(114,533,038)

172,640,520

172,517,113

352,067,178

(286,053,213)

(286,176,620)

237,534,140

Cash flows from investing activities

Proceed from sales of property, plant and equipment
Acquisition of property, plant and equipment
Payment for capital work in progress
Net cash used in investing activities
Cash flows from financing activities
Dividend paid
Net cash used in financing activities
Net cash increase/(decrease) in cash and cash equivalents
Cash and cash equivalents as at 1 January
Cash and cash equivalents/ (Bank overdraft) as at 30 June

Bata Shoe Company (Bangladesh) Limited

(Un-audited)

Statement of Changes in Equity (Group)

for the Period ended 30 June 2011
Reserve on
revaluation
of land
Taka

Particulars

Share
capital
Taka

Balance as at 1 January 2010

136,800,000

Total comprehensive income for 2010

Profit for the year
Transactions with the shareholders
Final dividend for the year 2009
Interim dividend for the year 2010
Balance as at 31 December 2010

136,800,000

Total comprehensive income for 2011

Profit for the period
Transactions with the shareholders
Final dividend for the year 2010
Interim dividend for the year 2011
Balance as at 30 June 2011

136,800,000

60,631,183

60,631,183

60,631,183

Nondistributable
special
reserve
Taka
998,620

998,620

998,620

General
reserve
Taka

Retained
earnings
Taka

48,863,000

1,120,487,323

542,570,476

542,570,476

(2,103)

542,568,373

(143,640,000)
(198,360,000)
1,073,764,996

(143,640,000)
(198,360,000)
1,321,057,799

(2,103)

(143,640,000)
(198,360,000)
1,321,055,696

201,854,608

201,854,608

(1,024)

201,853,584

(143,640,000)
1,131,979,604

(143,640,000)
1,379,272,407

(3,127)

(143,640,000)
1,379,269,280

48,863,000

Total
equity
Taka

873,194,520

48,863,000

Total
Taka

Noncontrolling
interest
Taka
-

1,120,487,323

Statement of Changes in Equity (Group)

for the period ended 30 June 2010
Reserve on
revaluation
of land
Taka

Particulars

Share
capital
Taka

Balance as at 1 January 2009

136,800,000

Total comprehensive income for 2009

Profit for the year
Transactions with the shareholders
Final dividend for the year 2008
Interim dividend for the year 2009
Balance as at 31 December 2009
Total comprehensive income for 2010
Profit for the period
Transactions with the shareholders
Final dividend for the year 2009
Interim dividend for the year 2010
Balance as at 30 June 2010

136,800,000

136,800,000

60,631,183

60,631,183

60,631,183

Nondistributable
special
reserve
Taka
998,620

998,620

998,620

General
reserve
Taka
48,863,000

48,863,000

48,863,000

Retained
earnings
Taka

Total
Taka

Noncontrolling
interest
Taka

Total
equity
Taka

724,748,075

972,040,878

972,040,878

449,406,445

449,406,445

449,406,445

(143,640,000)
(157,320,000)
873,194,520

(143,640,000)
(157,320,000)
1,120,487,323

(143,640,000)
(157,320,000)
1,120,487,323

195,240,671

195,240,671

195,240,671

(143,640,000)

(143,640,000)
1,172,087,994

(143,640,000)
1,172,087,994

924,795,191

Bata Shoe Company (Bangladesh) Limited

(Un-audited)

Statement of Changes in Equity (Company)

for the Period ended 30 June 2011
Reserve on
revaluation
of land
Taka

Particulars

Share
capital
Taka

Balance as at 1 January 2010

136,800,000

Total comprehensive income for 2010

Profit for the year
Transactions with the shareholders
Final dividend for the year 2009
Interim dividend for the year 2010
Balance as at 31 December 2010

136,800,000

Total comprehensive income for 2011

Profit for the period
Transactions with the shareholders
Final dividend for the year 2010
Interim dividend for the year 2011
Balance as at 30 June 2011

136,800,000

60,631,183

60,631,183

60,631,183

Nondistributable
special
reserve
Taka
998,620

998,620

998,620

General
reserve
Taka
48,863,000

Retained
earnings
Taka

Total
equity
Taka

873,194,520

1,120,487,323

543,970,530

543,970,530

(143,640,000)
(198,360,000)
1,075,165,050

(143,640,000)
(198,360,000)
1,322,457,853

202,536,371

202,536,371

48,863,000

(143,640,000)
1,134,061,421

(143,640,000)
1,381,354,224

General
reserve
Taka

Retained
earnings
Taka

48,863,000

Statement of Changes in Equity (Company)

for the period ended 30 June 2010
Reserve on
revaluation
of land
Taka

Particulars

Share
capital
Taka

Balance as at 1 January 2009

136,800,000

Total comprehensive income for 2009

Profit for the year
Transactions with the shareholders
Final dividend for the year 2008
Interim dividend for the year 2009
Balance as at 31 December 2009
Total comprehensive income for 2010
Profit for the period
Transactions with the shareholders
Final dividend for the year 2009
Interim dividend for the year 2010
Balance as at 30 June 2010

136,800,000

136,800,000

60,631,183

60,631,183

60,631,183

Nondistributable
special
reserve
Taka
998,620

998,620

998,620

48,863,000

48,863,000

48,863,000

Total
equity
Taka

724,748,075

972,040,878

449,406,445

449,406,445

(143,640,000)
(157,320,000)
873,194,520

(143,640,000)
(157,320,000)
1,120,487,323

195,240,671

195,240,671

(143,640,000)

(143,640,000)
1,172,087,994

924,795,191