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AHMED TOYS (PVT.) LIMITEDBalance Sheet
As on 31st DecemberParticulars 2007 2006 2005
ASSETSA. Current AssetsStock & StoresAdvances & Deposits
(including L/C Margin)Prepaid ExpensesAccount ReceivablesMarketable
securitiesCash in handCash at bank
Total Current Assets (A)
B. Non-Current AssetsInvestment in Associated Company
Investment in Subsidiary CompanyTangible Fixed Assets (As per
Annex 5)Preliminary Expenses
Total Non-current Assets (B)Total Assets (A+B)
LIABILITIESC. Current Liabilities
Due to directorsCash CreditExpenses Accruals
Accounts Payable
Proposed DividendTax Provision
Total Current Liabilities (C)
D. Non-Current LiabilitiesLong Term Loans
E. Total Liabilities (C+D)
CAPITALF. Shareholders Equity
Share CapitalGeneral Reserve
Retained Earnings Total shareholders equity (F)
Total Liabilities & Shareholders Equity (E+F)
90,00035,00016,000
200,00076,00054,00093,000
564,000
100,00050,000
2566,000nil
2716,000 3280,000
nil161,000
7,000
21,00036,00020,000
245,000
1350,000
1595,000
1250,000161,000
274,0001685,000
3280,000
88,00032,00014,00070,00040,0004,000
29,000 277,000
nil40,000
2928,0005,000
2973,0003250,000
10,000142,00038,000
9,00026,00015,000
240,000
1450,000
1690,000
1250,000125,000
185,0001560,000
3250,000
88,0005,000
10,00025,000
nil3,0004,000
135,000
nil40,000
3238,00010,000
32880003423,000
20,000300,00040,00029,00017,00011,000
417,000
1550,000
1967,000
1250,00096,000
110,0001456,000
3423,000
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.
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AHMED TOYS (PVT.) LIMITEDIncome Statement
For the year ended 31st December
Particulars 2007 2006 2005
1. Net sales2. Cost of Goods Sold (Annex 1)3. Gross Profit (1-
2)4. Operating Expenses:
Admn. & General ( Annex 2 )Selling & Distribution (Annex
3)
5. Operating profit (3 4)6. Non-operating Expense (Annex 4)7.
Profit before tax (5 - 6)8. Provision for Taxation9. Net profit
after tax (7 - 8)
10. Add, Balance of profit b/f from previous year11. Surplus
Available for Appropriations (9+10)12. Appropriations:
Transferred to General ReserveProposed Dividend
13. Balance of profit /Retained Earnings tr. to B/S (11 12)
1325,0001072,000
253,000
42,00016,00058,000
195,00014,000
181,00020,000
161,000
185,000346,000
36,00036,00072,000
274,000
1245,0001032,000
213,000
39,00016,00055,000
158,00013,000
145,00015,000
130,000
110,000240,000
29,00026,00055,000
185,000
1132,000965,000167,000
25,00015,00040,000
127,00013,000
114,00011,000
103,000
47,000150,000
23,00017,00040,000
110,000
Annex 1
Cost of Goods SoldParticulars 2007 2006 2005
1. Opening Stock of Finished Goods2. Cost of Goods Manufactured
(Annex 1.13. Cost of Goods Available for Sales (1+2)4. Closing
Stock of Finished Goods5. Cost of Goods Sold (1+2 3)
40,0001072,0001112,000(40,000)
1072,000
40,0001032,0001072,000(40,000)
1032,000
51,000954,000
1005,000(40,000)965,000
Annex 1.1
Cost of Goods ManufacturedParticulars 2007 2006 2005
1. Opening Stock of Work-in-process
2. Raw Materials Used (Annex 1.2)3. Manufacturing Cost (Annex
1.3)4. Closing Stock of Work-in-process5. Cost of
Production/Manufacturing Cost
11,000
575,000496,000(10,000)
1072,000
12,000
612,000419,000(11,000)
1032,000
22,000
598,000346,000(12,000)954,000
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Annex 1.2
Cost of Materials UsedParticulars 2007 2006 2005
1. Opening Stock of Raw Materials2. Add, Net Purchase of Raw
Materials3. Raw materials Available
4. Less, Closing Stock of raw Materials5. Cost of Raw Materials
Used
37,000578,000615,000
40,000575,000
36,000613,000649,000
37,000612,000
36,000598,000634,000
36,000598,000
Annex 1.3
Manufacturing CostParticulars 2007 2006 2005
Wages, Bonus & AllowancesPower, Fuel & GasGodown
RentRepairs & MaintenanceExcise DutyDepreciationOthers
manufacturing costTotal
15,00015,0002,0003,000
21,000430,00010,000
496,000
13,00015,0002,0003,000
20,000356,00010,000
419,000
13,00015,0002,0003,000
20,000284,000
9,000346,000
Annex 2
Administration and General ExpensesParticulars 2007 2006
2005
1. Salaries & Allowances
2. Office Rent3. Tel., Telex & Fax4. Stationery5. Travelling
& Conveyance6. Donation7. Audit & Legal Fees8. Bad Debts9.
Misc. Expenses10. Depreciation11. Preliminary Expense Write-off
Total
13,000
4,0002,0002,0003,0001,0001,0002,0003,0006,0005,000
42,000
12,000
3,0002,0002,0002,0001,0002,0002,0002,0006,0005,000
39,000
10,000
3,0001,0002,0001,0001,0001,0002,0001,0003,000
nil25,000
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Annex 3
Selling and Distribution ExpenseParticulars 2007 2006 2005
Sales CommissionSales Promotion ExpensesAdvertisement
TravellingCarriage OutwardsTotal
5,0003,0003,000
2,0003,000
16,000
5,0003,0003,000
2,0003,000
16,000
5,0002,0003,000
2,0003,000
15,000
Annex 4
Non-operating Expenses: FinancialParticulars 2007 2006 2005
Bank InterestBank Charge & CommissionTotal
10,0004,000
14,000
10,0003,000
13,000
10,0003,000
13,000
Annex 5
Schedule of Fixed Assets(Tk.000)
Items 31st Dec., 2007 31st Dec., 2006 31st Dec., 2005
W.D.V Addition Acc.Dep.
W.D.V Addition. Acc.Dep
W.D.V Acc.Dep.
Land 125 0 0 125 0 0 125 0
Factory Building 378 0 162 420 0 120 460 80
Plant & Machinery 1838 0 992 2198 23 632 2383 424
Equipment 161 72 154 117 0 126 225 18Furniture & Fixture 64
2 18 68 29 12 45 6
2566 74 1326 2928 52 890 3238 528
Note: Cost of the Fixed Assets = W.D.V + Accumulated Dep.Written
Down Value (W.D.V) = Cost Accumulated Depreciation.
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