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Western Marine Shipyard Ltd u-"ffi:%r \-*"."71
WESTERN MARINE SHIPYARD LIMITEDSTATEMENT OF FINANCIAL POSITION
AS AT 3l MARCH 2019
3lMatch2019Taka
30 June 2018
Taka
ASSETS
NON CURRENTASSETS:I)roperry. Plant & Equipment - net
Investment
Due from affiliated companies
CURRENTASSETS:Trade & Other Receivable
Inventories
Prepayments, Deposits and Advances
Cash and Cash Equivalents
TOTALASSETS
SHAREHOLDERS' EQUITY & LIABILITIES:
SHAREHOLDERSI EQUITY:Share Capital
Share Premium
Revaluation Reserve
Retained Earnings
LIABILITIES:NON CURRENT LIABILITIES:
Term Loan - Non Current PortionDeferred Tax LiabiJity
CURRENT LIABILITIES:Term Loan - Current portionProvision for Current Tax
Provision for WPPF
Provision for Warrenty
Bank OD/CC - Short Term Loan
Trade & Other Payable
TOTAL SHAREHOLDERSI EQUITY & LIABILITIES
Net Assets Value Per Share
Taka ______t9,421960-62_ ___17_J68,3ry!u_
Note(s)
3
4
2.1,8,1,1
5
6
7
8
9,896,124,518
9,067,885,990
8,877,000
81.9,361,528
9,525,835.544
3,587,086,286
2,368,977,116
3,264,702,37L
305,069,771
81416,0621532
3,392,1.76,045
2,31,7,1.60,305
2,445,051,832
261,674,350
9.2
9.5
2.5,3
10
2.1.2.2,1,2
10
13.2
13.3
13.1
1,4
15
Taka
5,868,658,654
1,,995,366,020
854,281,320
677,654,642
2.341 1
5,490,131,964
1,,662,805,020
1,186,842,320
681,554,1.98
1,,958,930,426
11,688,271,055
a 11,M3J7r,sn I
| ++,+y,qta I
1,865.030,353
1,,01.8,877,394
136,684,673
21,006,741
39,456,557
s47,632,416
1.0L,372,572
10,886,322,677
1.0,840,1.46,464
46,1,76,213
1,391,920,445
s72,832,637
1.14,398,557
42,774,008
41.,307,791
510,1,10,243
1,1,0,497,210
_______r9421260,062
29.41
___|ry683ry,087._
27.51
These financial statements should be read in coniunction with the annexed notes
Cor. Office :
1440/A-8, Amin Future Park (7th Floor)Strand Road, Bandar, Chittagong, Bangladesh.Phone : 03 1 -2530035-7, 251 3056Fax : 031-2530038, E-mail ; [email protected]
Reg. Office:H.B.F.C. Building (4th Floor)1/D, Agrabad Comm. AreaChittagong, Bangladesh.
Shipyard :
Kolagaon, No. 4 Kolagaon UnionPatiya, Chittagong, Bangladesh.Website : wunv.wms.com.bd
Western Marine Shipyard Ltd
WESTERN MARINE SHIPYARD LIMITEDSTATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSM INCOME (Un-Audited)
FOR THE PERIOD lstJULY 2018 TO 31st MARCH 2019
-191Elt'l C6:p"
^{=' 'Oq
,." "rt..i-l+r*ir,tri ?g
t \5,.".,',:./
Revenue
Cost of Shipbuilding
Gross ProfitOperating Expenses
Administrative ExpensesSelling and Marketing Expenses
Operating ProfitFinancial Income
Financial Expenses
Net Financial Charge
Profit Before Tax Expenses
Contribution to Workers' Profit Participation &Welfare Fund
Taxation Provision
Current
Deferred
Income Tax
Profit for the Period
Other Comprehensive IncomeTotal Comprehensive Income for the Period
Eaming Per Share (Basic)
,,t/**
."-M
't6
17
18
19
20
21.
1,3.3
2.12.1.,1.3.2
)'t) ) 1)
2.1.6.02,23
These financial statemeflts should be read in conjunction with the annexed notes
Q3 (Nine Months) Ended 3rd Quarter (Three Months) Ended
321,852,943
311,649,070
f lrrs3,srolI rrso,sas,:lll
(166,931,817)
144,717,253
F,.*;lI rz,+qs,as+tl
I qt+,zzs'l
(7,061,671)
730,419,719
130,419,7L9
____q{5__
l-r-Zloqs3ss61l| 0,+et+ts,toql
947,060,459
I er2%;4ElI e,zss,ztstl915,580,741
T--- s*10,0?61
I rss+,zso,orr)J(49s,445,935)
420,134,812
Fil;I@6,ffia| 1,684,73s
I
Q0,601,382)378,526,690
378,526,690
---129--
882,669,318
f 4s'+r&o l
I tszq,zsz,asoll
1483,73e,2s0)398,929,069
f-,,",*'olflr116l,rxllI e,e+sJaz)l
(22,507,713)
356,474,902
356,474,902
r.79
f,"-,;;It'"r"il;;;lLr-""*";lI 31st March'l9 I I March ' 18 I I ff.t March' 19 I
I r,u, ll r"u. ll ,"u, I
9t4,s68.241
aZ,4o 4 s 6rii1 F?z', ooo oE| (r,48e.7e4,3s0)l | (4s6.047,057)l
a er,86-6riril ft- (%sr,?Bo)-l
I tz,orz,r:rrl I osr,oqsil
CHIEF FINANCIAL OFFICER
lstJanuaryr 18 -31st March ' 18
Taka
793,584,829
(455,442,24
338,142,585
(8,004,208)679
329,459,333
1.1,,682,520
189.41
(177,730,1,07)
L51,729,226
(7,586,461)
(6,664,s24)
I,007,586)
(7,672,110)
136,470,655
136,470,655
MANAGING DIRECTOR
Cor. Office :
1440/A-8, Amin Future Park (7th Floor)Strand Road, Bandar, Chittagong, Bangladesh.Phone : 03'l-2530035-7, 2513056Fax : 031-2530038, E-mail : [email protected]
neg. oYfice :
H.B.F.C. Building (4th Floor)'llD, Agrabad Comm. AreaChittagong, Bangladesh.
Shipyard :
Kolagaon, No. 4 Kolagaon UnionPatiya, Chittagong, Bangladesh.Website : www.wms.com.bd
Western Marine Shipyard Ltd ,-ffi%, \;ffi"lISO 9001:2008
WESTERN MARINE SHIPYARD LIMITEDSTATEMENT OF CASH FLOWS
FOR THE PERIOD lstJULY 2018 TO 31st MARCH 2079
CASH FLOWS FROM OPERATING ACTIVITIESCollections from Customets
Payment to Suppliers & Others
Payment to Employees
Income Tax Paid
Cash Inflows / (Outflows) from Opetating Activities
CASH FLOWS FROM INVESTING ACTIVITIESAddition of Property, Plant & Equipment
Cash Inflows / (Outflows) ftom Investing Activities
CASH FLOWS FROM FINANCING ACTIYITIESLoan-Current & Non Current
Due ftom Affiliated Patties
Bank OD-Shott Term LoanDividend Paid
Financial Chatges-Net
Cash Inflows / (Outflows) ftom Financing Activities
Net Inctease/ (Decrease) in Cash & Cash Equivalents
Cash and Cash Equivalents at the Beginning of the Year
Unrealized Gain/poss)
Cash and Cash Equivalents at the End of the Year
Operating Cash Inflows / (Outflows) Pet Share
These financial statements should be tead
COMPAI'.IY SECRETARY
1,249,677,870
(91,176,398)
37,522,173
495,445,9
700,577,710
43,395,422 Q92,894,033)
261,6741350 557,274,099
3051069,772 264,380,056
0.10 3.02
lstJuly 18 to 31stMatchrl9
Taka
lstJulyr 17 - 31st
MatchrL8Tal<aNote(s)
5,15 & 16
3,6,7,1,3,15,77,1 g & 1 g
17,79,'1,3.3
13.2
10
11,
14
20 &21
Taka
8
2,213,625,321,
(2,005,661,,649)
(187,178,399)
677,427,561,)
(677,427,561)
20,245,273 507,457,257
2,1,40,783,846
(1,,494,955,842)
(143,770,747)
68,656,791
(768,656,791)
8
25
rao lr)€onlunctlon wlth the annexed flotes a) IghL/rANAt'r(c DTRECToR /lArRrffi
CHIEF FINANCIAI OFFICER
51,3,773,534
(96,167,405)
84,978,042
(44,s39,420)
483,739,
Q5,694,499)
Cor. Office :
1440/A-8, Amin Future Park (7th Floor)Strand Road, Bandar, Chittagong, Bangladesh,Phone : 03 1 -2530035-7, 25 1 3056Fax : 031-2530038, E-mail : [email protected]
Reg. Office:H.B,F.C. Building (4th Flbor)1/D, Agrabad Comm. AreaChittagong, Bangladesh.
Shipyard :
Kolagaon, No. 4 Kolagaon UnionPatiya, Chittagong, Bangladesh.Website : www.wms.com,bd
Western Marine Shipyard Ltd.
VESTERN MARINE SHIPYARD LIMITEDSTATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD lst JULY 2018 TO 31st MARCH 2019
Balance as on 31 March 2019
^1s1EM C€4n-
, ?- '/4,s9B=ry-z\:/
ISO 9001:2008
Amount in Taka
Particulars Share Capital Share PremiumRevaluation
ReserveRetained Eamings Total Equity
Ba.lance as on 01 July 2018
Adjustment for depreciation chrge on revaluation resetre
Dividend (Stock)
Dividend (Cash)
Net Profit after tax transferred from Statement ofComprehensive Income
1,662,805,020
332,561,000
1.,186,842,320
(332,561,000)
681,554,197
(3,899,555)
1,958,930,427
3,899,555
378,526,690
5,490,131,964
378,526,690
1,995,366,0m 854,281,320 677.654,642 2.341.356.677 5.868.658.654
Amount ln Taka
Particularc Share Capital Share PremiumRevaluation
ReserveRetained Eamingr Total Equity
Balmce as on 01 July 2017
Adjustment for depreciation chrge on reva.luation resere forthe period
Dividend (Stock)
Dividend (Cash)
Net ProEt after tu transferred from Statement ofComorehensive Income for the oeriod
1,484,641,340
178,157,680
1,365,000,000
(178,1s7,680)
686,872,270
(4,649,286
1,547,007,440
4,649,286
(44,s39,420)
356,474,902
5,083,527,050
(44,s3e,420)
356,474902
Balance as on 31 March 2018 1,662,805,020 1,786,842,320 682-222-984 1.863.592.208 5.395.#2.532A.djustment for depreciation chrge on revaluation resetre restrf the period
\et Profit after tax transferred from Statement oflomorehensive Income rest of the oeriod
(668,786 668,786
94,669,433 94,669,133
Balance as on 30 une 2018
COMPANY SECRETARY
,LTRMAN
Y6-'LCHIEF FINANCIAL OFFICER
MANAGING DIRECTOR
Cor. Office:144OlA-8, Amin Future Park (7th Floor)Strand Road, Bandar, Chittagong, Bangladesh,Phone : 031-2530035-7, 2513056Fax : 031-2530038, E-mail : [email protected]
Reg. Office :
H.B.F.C. Building (4th Floor)1/D, Agrabad Comm. AreaChittagong, Bangladesh.
Shipyard :
Kolagaon, No. 4 Kolagaon UnionPatiya, Chittagong, Bangladesh.Website : www.wms.com,bd
