PREMIER CEMENT

Latest financial statements with Bangladeshi Taka where financial year ends on June

2013 2014
(Year) (Year)

Revenue 6,416,662,323 7,539,574,982

Costs of Sales -5,263,071,062 -6,243,640,861
Gross Profit 1,153,591,261 1,295,934,121
Other Operating Income/
273,854,481 184,719,720
(expense)

Other Operating Profit/ (loss) -- --

Distribution expenses -194,605,691 -265,439,660

General and administrative
-106,844,867 -109,112,854
expenses
Operating Profit/ (loss) 1,125,995,184 1,106,101,327
Contribution to Workers' Profit
Participation and Welfare -38,213,300 -33,530,776
Funds

Net Finance costs -- -377,794,346

Finance Expenses -327,241,033 --

Profit / (loss) Before Tax 760,540,851 694,776,205
Income Tax Expense -261,373,284 -185,673,987

Profit / (loss) for the Period 499,167,567 509,102,218

Profit Attributable to Equity

499,167,567 509,102,218
Holders
The number of shares 105,450,000 105,450,000
Earnings Per Share - Basic 4.73 4.83
 2015 2016 2017 2018
(Year) (Year) (Year) (Year)

8,098,701,152 9,361,935,844 10,332,898,832 11,246,404,790.60

-6,859,763,360 -7,373,725,823 -8,634,603,931 (9,397,967,849.43)
1,238,937,792 1,988,210,021 1,698,294,901 1,848,436,941.17
-- -30,467,058 -144,141,271.00 -144,141,271.00

111,936,424 -- --
--
-352,998,095 -454,192,683 -403,260,975.00 (438,912,277.65)
-89,854,024 -129,229,301 -127,666,122.00
(138,952,767.21)
908,022,097 1,374,320,979 1,023,226,533 1,126,430,625.30

-19,684,997 -41,375,905 -30,810,287.00

(33,534,148.06)
-- -- --
--
-456,793,609 -440,366,255 -330,030,294.00 -330,030,294.00
431,543,491 892,578,819 662,385,952 762,866,183.25
-22,625,890 -201,431,872 -100,376,642.00 (115,603,215.22)
408,917,601 691,146,947 562,009,310
647,262,968.02
408,917,601 691,146,947 562,009,310
647,262,968.02
105,450,000 105,450,000 --
3.88 6.55 5.33

Growth Rate 9%

Average Tax Rate -15%

 2019 2020 2021 2022
(Year) (Year) (Year) (Year)

12,211,888,178.60 13,177,371,566.60 14,142,854,954.60 15,108,338,342.60

(10,204,766,289.33) (11,011,564,729.24) (11,818,363,169.14) (12,625,161,609.04)
2,007,121,889.27 2,165,806,837.36 2,324,491,785.46 2,483,176,733.56
-144,141,271.00 -144,141,271.00 -144,141,271.00 -144,141,271.00

-- -- -- --
(476,592,098.07) (514,271,918.49) (551,951,738.91) (589,631,559.33)

(150,881,609.45) (162,810,451.69) (174,739,293.92) (186,668,136.16)

1,235,506,910.75 1,344,583,196.19 1,453,659,481.63 1,562,735,767.07

(36,412,993.65) (39,291,839.25) (42,170,684.84) (45,049,530.44)

-- -- -- --
-330,030,294.00 -330,030,294.00 -330,030,294.00 -330,030,294.00
869,063,623.09 975,261,062.94 1,081,458,502.79 1,187,655,942.64
(131,696,162.80) (147,789,110.38) (163,882,057.95) (179,975,005.53)

737,367,460.29 827,471,952.57 917,576,444.84 1,007,680,937.11

737,367,460.29 827,471,952.57 917,576,444.84 1,007,680,937.11

9% 8% 7% 7%
PREMIER CEMENT
Latest financial statements with Bangladeshi Taka where financial year ends on June

2013 2014
(Year) (Year)

Property Plant &

Equipment 5,150,484,594 5,466,159,025

Investments in Subsidiaries -- --

Capital Work in Progress 156,377,978 478,898,506

Total Non Current Assets 5,306,862,572 5,945,057,531

Inventory 789,597,607 1,282,263,619
Trade receivables 1,058,028,972 1,322,212,717
Other receivables 130,571,470 183,604,362
Short term investments -- --
Cash & cash equivalents 404,570,422 134,141,336
Prepayments 806,594,430 936,140,233

Total Current Assets 3,189,362,901 3,858,362,267

Total Assets 8,496,225,473 9,803,419,798
Share Capital 1,054,500,000 1,054,500,000
Share Money Deposits 210,000,000 210,000,000
Revaluation Reserve 362,312,633 356,868,534
Retained Earnings 1,075,086,457 1,162,879,482
Reserves 2,274,386 --

Other Equity Components -- 2,274,386

Reserve on Consolidation -- --

Share Premium 441,835,000 441,835,000

Non-controlling interest 71,965,958 76,919,251

Total Equity 3,217,974,434 3,305,276,653

Long Term Debt 605,835,860 1,087,215,751
Interest Bearing
Borrowings to related -- --
parties
Defferred Tax Liabilities 357,981,444 309,978,565

Employee Benefits -- --

Deferred liability-Gratuity 40,458,734 59,788,044

Derivative Instruments -- --

Total Non Current

1,004,276,038 1,456,982,360
Liabilities
Trade Payables 814,191,402 279,583,089
Other payables -- --

Short term loans -- --

Payable for other finance 61,515,150 70,420,750

Current tax liabilities 35,817,470 143,060,493
Provision for other
38,213,300 33,530,776
liabilities and charges
Current portion of long 183,211,499 188,373,392
term debt

Short Term bank loan 3,141,026,180 4,326,192,283

Total Current Liabilities 4,273,975,001 5,041,160,783
Total Owners Equity &
8,496,225,473 9,803,419,796
Liabilities
Book Value Per Share 30.52 31.34
 2015 2016 2017
(Year) (Year) (Year)

5,878,662,922 6,338,337,520 6,905,850,606.00

-- -- --

51,150,482 47,202,662 189,547,734.00

5,929,813,404 6,385,540,182 7,095,398,340

1,303,893,964 987,091,817 995,614,178.00
1,390,891,206 1,897,552,575 2,399,092,653.00
1,300,609,370 1,158,236,505 --
-- 206,994,499 184,527,456
164,121,665 208,323,198 109,755,023.00
-- -- 1,689,044,819.00

4,159,516,205 4,458,198,594 5,378,034,129

10,089,329,609 10,843,738,776 12,473,432,469
1,054,500,000 1,054,500,000 1,054,500,000.00
210,000,000 -- --
351,893,242 991,532,942 662,540,409.00
1,255,410,961 1,768,721,615 2,132,558,080.00
-- -- --

2,274,386 2,274,386 909,754

81,930,666 -- --

441,835,000 441,835,000 441,835,000.00

-- 89,396,766 306,310,722.00

3,397,844,255 4,348,260,709 4,598,653,965

1,506,723,099 1,584,805,906 919,483,387.00
 -- 300,000,000 --

300,142,360 315,805,862 439,794,176.00

-- 100,636,730 --

81,780,538 -- 120,092,652.00

-- -- 300,000,000

1,888,645,997 2,301,248,498 1,779,370,215

349,797,791 520,489,331 390,470,588.00
96,399,209 72,922,183 --

3,813,600,695 2,899,973,913 4,752,542,474

-- 41,375,905 314,235,407.00
-- -- --

48,416,501 184,406,024 104,630,542.00

494,625,160 475,062,213 533,529,278.00

-- -- --
4,802,839,356 4,194,229,569 6,095,408,289
10,089,329,608 10,843,738,776 12,473,432,469
32.22 41.24 43.61

Additions to Retained Earnings

Retention Ratio
EFN

Change in current assets

Change in current liabilities
NWC
 2018 2019 2020 2021
(Year) (Year) (Year) (Year)

7,516,379,730.53 8,161,647,254.05 8,806,914,777.57 9,452,182,301.09

-- -- -- --

206,305,179.06 224,016,103.30 241,727,027.54 259,437,951.78

7,722,684,910 8,385,663,357 9,048,641,805 9,711,620,253

1,083,633,958.20 1,176,661,961.80 1,269,689,965.40 1,362,717,969.00
2,611,190,484.34 2,835,356,436.26 3,059,522,388.18 3,283,688,340.10
-- -- -- --
200,841,070.73 218,082,911.21 235,324,751.70 252,566,592.18
119,458,192.37 129,713,460.83 139,968,729.29 150,223,997.74
1,838,369,082.36 1,996,189,723.10 2,154,010,363.84 2,311,831,004.57

5,853,492,788.01 6,356,004,493.21 6,858,516,198.40 7,361,027,903.59

13,576,177,697.60 14,741,667,850.56 15,907,158,003.51 17,072,648,156.46
1,054,500,000.00 1,054,500,000.00 1,054,500,000.00 1,054,500,000.00
-- -- -- --
662,540,409.00 662,540,409.00 662,540,409.00 662,540,409.00
2,551,586,494.69 2,770,635,552.55 3,016,451,867.17 3,289,035,438.56
-- -- -- --

909,754 909,754 909,754 909,754

-- -- -- --

441,835,000.00 441,835,000.00 441,835,000.00 441,835,000.00

306,310,722.00 306,310,722.00 306,310,722.00 306,310,722.00

5,017,682,380 5,236,731,438 5,482,547,752 5,755,131,324

1,127,741,541.89 1,571,670,931.80 1,988,833,064.94 2,379,227,941.31
 -- -- -- --

439,794,176.00 439,794,176.00 439,794,176.00 439,794,176.00

-- -- -- --

120,092,652.00 120,092,652.00 120,092,652.00 120,092,652.00

300,000,000 300,000,000.00 300,000,000.00 300,000,000.00

1,987,628,369.89 2,431,557,759.80 2,848,719,892.94 3,239,114,769.31

424,991,124.26 461,475,838.99 497,960,553.72 534,445,268.45
-- -- -- --

5,193,480,597 5,659,507,587 6,125,534,578 6,591,561,568

314,235,407.00 314,235,407.00 314,235,407.00 314,235,407.00

-- -- -- --

104,630,542.00 104,630,542.00 104,630,542.00 104,630,542.00

533,529,278.00 533,529,278.00 533,529,278.00 533,529,278.00

-- -- -- --
6,570,866,948.02 7,073,378,653.21 7,575,890,358.40 8,078,402,063.59
13,576,177,697.60 14,741,667,850.56 15,907,158,003.51 17,072,648,156.46

363,836,465.00 419,028,414.69 219,049,057.86 245,816,314.62

65% 65% 30% 30%
0.00 (0.00) (0.00) 0.00

475,458,659.01 502,511,705.19 502,511,705.19 502,511,705.19

475,458,659.02 502,511,705.19 502,511,705.19 502,511,705.19
(0.00) 0.00 0.00 0.00
 2022
(Year)

10,097,449,824.61

--

277,148,876.02

10,374,598,701
1,455,745,972.59
3,507,854,292.01
--
269,808,432.66
160,479,266.20
2,469,651,645.31

7,863,539,608.78
18,238,138,309.42
1,054,500,000.00
--
662,540,409.00
3,588,386,266.72
--

909,754

--

441,835,000.00

306,310,722.00

6,054,482,152
2,742,855,560.92
 --

439,794,176.00

--

120,092,652.00

300,000,000.00

3,602,742,388.92
570,929,983.18
--

7,057,588,559

314,235,407.00
--

104,630,542.00

533,529,278.00

--
8,580,913,768.78
18,238,138,309.42

272,583,571.39
30%
(0.00)

502,511,705.19
502,511,705.19
0.00
DETAILS 2017 (YEAR)

Current Assets 5,378,034,129

Total Assets 12,473,432,469

Total Equity 4,598,653,965

Total Liabilities & Equity 12,473,432,469

Current Liabilities 6,095,408,289

Market price/Closing price 90.4

Divident paid 158,625,087

Net income 562,009,310

Finance Cost -330,030,294

Interest Bearing Debt 6,205,555,139.00

RATIOS

NWC -717,374,160

Total Debt Ratio 63%

Dividend Ratio 28%

Retention Ratio 72%

Interest expense /
Total interest bearing
debt -5%
Price/Earnings Ratio 16.9606003752345