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Annual report (2019- 2020)Beacon Pharmaceuticals Limited.

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Beacon Pharmaceuticals Limited company uses lifo/ Lifo method as last order is used up in the production. some time they use either lifo or neither fifo.we can see Beacon Pharmaceuticals Limited company used lifo as last order is used up in the production.

Accounting Practice of Listed Companies in Bangladesh 1. Basis of Accounting: Cash / Accrual 2. Inventory Valuation Technique: FIFO/LIFO/Average/ Weighted Average/ NRV/ Others. 3. Preparation Of Financial Statement: Vertical /Horizontal 4. Method of Depreciation: Straight Line/ Declining Balance/ Double Decline/ Sum of Year Dig Activity Method. 5. Methods of Cash Flow Statement: Direct / Indirect method 6. Presentation of cash in the financial statement: 7. Presentation of Accounts receivable, notes receivable, bad debt in financial statement 8. Presentation of property plant and equipment in the financial statement 9. Presentation of current liability and contingency in the financial statements 10. Presentation of equity items on the financial statement Particulars Tk Tk. Assets: Laiblities and Assets Equity Accounting Practice of Listed Companies in Bangladesh 1. Basis of Accounting: Cash / Accrual 2. Inventory Valuation Technique: FIFO/ LIFO/Average/ Weighted Average/ NRV/ Others. 3. Preparation Of Financial Statement: Vertical /Horizontal 4. Method of Depreciation: Straight Line/ Declining Balance/ Double Decline/ Sum of Year Digit/ Activity Method. 5. Methods of Cash Flow Statement: Direct / Indirect method 6. Presentation of cash in the financial statement: 7. Presentation of Accounts receivable, notes receivable, bad debt in financial statement 8. Presentation of property plant and equipment in the financial statement 9. Presentation of current liability and contingency in the financial statements 10. Presentation of equity items on the financial statement Particulars Tk Tk. Assets: Laiblities and Assets Equity Dhaka Stock Exchange Limited Statement of Profit or Loss and other Comprehensive Income For the year ended 30 June 2020 30 June 2020 BDT 30 June 2019 BDT Particulars Notes Operating revenue Transaction fees Fees and charges from listed companies Sale of data and others Interest and dividend Licensing fees Income from Nikunja Building Miscellaneous income Total revenue 34 35 36 37 38 39 40 376,951,395 207,649,609 87,023,934 845,526,676 38,184,900 3,772,980 12,265,695 1,571,375,189 723,262,755 243,935,857 203,400,343 964,734,271 44,054,520 10,132,873 2,189,520,619 Operating expenses Personnel expenses Wages for security services Rent, rates and taxes Vehicle, fuel and maintenance expenses etc. Telephone, telex, fax, internet and postage ICT expenses Utilities Repair and maintenance Printing and stationery Advertisement, subscription and promotional expenses General insurance Legal, audit and other professional fees Seminar, conference and meeting expenses Contribution to investors' protection Expenses for Nikunja building Depreciation and amortization Provision for doubtful debt Interest expenses, excise duty and bank charges WPPF expenses Total operating expenses Income before tax Income tax expenses Current tax Deferred tax Income after tax Other comprehensive income Total comprehensive income for the year 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 382,048,638 1,052,149 6,379,913 20,232,377 826,831 215,948,552 8,005,849 5,302,977 6,760,431 17,615,788 1,010,216 11,062,241 16,199,062 371,642 205,745,176 99,913,714 10,756,564 3,722,373 26,591,462 1,039,545,955 531,829,234 394,705,179 1,405,692 18,337,803 19,222,242 1,665,636 203,571,828 11,723,757 5,390,692 7,470,353 14,977,344 854,716 6,502,647 20,454,668 1,411,691 101,263,554 10,331,141 3,686,928 65,073,559 888,049,430 1,301,471,189 33 8 56,839,624 201,018,019 273,971,591 389,821,964 (63,186,449) 974,835,674 273,971,591 974,835,674 Earnings Per Share (EPS) 0.15 0.54 The annexed notes 1 to 64 form an integral part of these financial statements Canon leeqalers Md. Eunusur Rahman Chairman Salma Nasreen ndc Director Mohammad Shahjahan Director fit II Kazi Sanaul Hoq Managing Director Mohammad Asadur Rahman, FCS Company Secretary asha Dated, Dhaka 30 November 2020 A. Qasem & Co. Chartered Accountants 169 DSE ANNUAL REPORT 2019-20 Dhaka Stock Exchange Limited Statement of Financial Position As at 30 June 2020 30 June 2020 BDT 30 June 2019 BDT Particulars Notes ASSETS 9,445,333,466 118,266,962 Non-current assets Property, plant and equipment Intangible asset Capital work-in-progress Right-of-use (ROU) assets Deferred tax asset Loan to employees 4,298,000,945 156,472,356 5,206,567,599 4 5 6 7 8 9 6,481,847 14,101,218 33,384,239 9,617,567,732 215,119,237 38,979,296 9,915,139,433 Non-current asset-investments Investment in CDBL shares Investment in bonds Investment in CCBL shares Total non-current assets 10 11 12 816,753,440 860,000,000 1,350,000,000 3,026,753,440 816,753,440 940,000,000 1,350,000,000 3,106,753,440 Current assets Investment in FDRs and bonds Advance, deposit and prepayment Accounts receivable Accrued interest Advance income tax Clearing and settlement account ESS operation acco Cash and cash equivalents Total current assets 13 14 15 16 17 18 19 20 5,465,000,000 90,969,912 131,483,556 249,134,481 1,081,794,052 1,137,520,352 0,117,619 944,223,863 9,420,243,835 6,455,000,000 79,109,919 134,441,457 299,732,884 818,317,893 2,569,229,155 ,844,780 879,762,898 11,857,438,986 Total assets 22,064,565,007 24,879,331,859 Dhaka Stock Exchange Limited Statement of Financial Position As at 30 June 2020 30 June 2020 BDT 30 June 2019 BDT Particulars Notes EQUITY & LIABILITIES 21 Equity Share capital Retained earnings Total equity 18,037,765,000 542,699,868 18,580,464,868 18,037,765,000 1,170,616,527 19,208,381,527 263,136,298 17,209,008 Non-current liabilities Liability for gratuity Settlement guarantee fund Lease liabilities Liabilities to TREC holders' and others Total non-current liabilities 22 23 24 25 29,539,547 18,033,505 1,502,765 236,940,462 286,016,279 233,185,546 513,530,852 2,523,336,755 26 24 27 28 Current liabilities Clearing and settlement account Lease liabilities Accounts payable Payable for ESS Listing fees received in advance Liabilities for security deposit Dividend payable Withholding tax and VAT Payable to WPPF Provision for income tax 1,087,575,395 2,810,770 519,412,973 228,349,003 75,099,697 66,127,995 234,275,900 10,025,222 26,591,462 947,815,443 29 30 31 32 33 755,905,715 528,782,152 70,023,548 105,559,447 195,709,747 22,052,738 65,073,559 890,975,819 5,157,419,480 5,670,950,332 24,879,331,859 Total current liabilities Total liabilities 3,198,083,860 3,484,100,139 22,064,565,007 Total equity and liabilities Net Assets Value (NAV) per share 10.30 10.65 The annexed notes 1 to 64 form an integral part of these financial statements. 88 herfall Md. Eunusur Rahman Chairman Salma Nasreen ndc Director Mohammad Shahjahan Director fiton II Kazi Sanaul Hoq Managing Director Mohammad Asadur Rahman, FCS Company Secretary ashi Dated, Dhaka 30 November 2020 A. Qasem & Co. Chartered Accountants Dhaka Stock Exchange Limited Statement of Changes in Equity For the year ended 30 June 2020 Paid-up Capital BDT 18,037,765,000 Particulars Balance as at 01 July 2018 Net income of the year Cash dividend on ordinary shares Balance as on 30 June 2019 Balance as at 01 July 2019 Net income of the year Cash dividend on ordinary shares Balance as on 30 June 2020 Retained Earnings BDT 1,097,669,103 974,835,674 (901,888,250) 1,170,616,527 1,170,616,527 273,971,591 (901,888,250) 542,699,868 (Amount in BDT) Total BDT 19,135,434,103 974,835,674 (901,888,250) 19,208,381,527 19,208,381,527 273,971,591 (901,888,250) 18,580,464,868 18,037,765,000 18,037,765,000 18,037,765,000 The annexed notes 1 to 64 form an integral part of these financial statements traqueles Md. Eunusur Rahman Chairman Salma Nasreen ndc Director Mohammad Shahjahan Director fiton Kazi Sanaul Hoq Managing Director Mohammad Asadur Rahman, FCS Company Secretary ashe Dated, Dhaka 30 November 2020 A. Qasem & Co. Chartered Accountants II Dhaka Stock Exchange Limited Statement of Cash Flows For the year ended 30 June 2020 30 June 2020 BDT 30 June 2019 BDT Particulars 2,563,967,024 (1,375,470,561) Cash flows from operating activities Cash receipts from customers and others Cash paid to suppliers, employees and others Interest expenses for lease payment Payment of income tax Interest expenses, excise duty and bank charges Net cash generated from/(used in) operating activities 2,461,772,010 (3,056,824,384) (671,608) (263,476,159) (3,722,373) (862,922,514) (514,203,685) (3,686,928) 670,605,850 (3,370,000,000) 4,440,000,000 Cash flows from investing activities Investment in FDRs and Bonds Encashment of fixed deposit receipt (FDR) Investment in CCBL share Interest received Capital work-in-progress Dividend received Purchase of fixed assets Sale of fixed assets Loan recovery from employees Net cash from / (used in) investing activities 862,093,691 (134,067,436) 34,031,387 (37,493,072) 677,421 5,595,057 1,800,837,047 (4,330,000,000) 5,685,000,000 (1,350,000,000) 967,332,944 (109,350,750) 34,031,387 (48,210,058) 6,487,608 855,291,131 (872,125,941) Cash flows from financing activities Dividend paid Lease liabilities (principal repayment) Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents as at 01 July 2019 Cash and cash equivalents as at 30 June 2020 Net operating cash flow per share (863,322,097) (10,131,471) (873,453,568) 64,460,965 879,762,898 944,223,863 (0.48) (872,125,941) 653,771,040 225,991,858 879,762,898 0.37 The annexed notes 1 to 64 form an integral part of these financial statements | heegells Md. Eunusur Rahman Chairman Salma Nasreen ndo Director Mohammad Shahjahan Director II firou FCS Kazi Sanaul Hoq Managing Director Mohammad Asadur Rahm Company Secretary audie Dated, Dhaka 30 November 2020 A. Qasem & Co. Chartered Accountants