Annual Report

2020

Bata Shoe Company (Bangladesh) Limited

Statement of Profit or Loss and Other Comprehensive
Income
For the year ended 31 December 2020
2020 2019
Notes Taka Taka

Revenue 22 5,084,505,532 8,573,497,561

Cost of sales 23 (3,819,862,861) (4,751,406,505)

Gross profit 1,264,642,671 3,822,091,056

Administration, selling and distribution expenses 24 (2,677,648,201) (2,785,623,693)
Other loss 25 (737) (7,311,978)
Exchange loss (12,305,788) (9,695,151)

(2,802,63
0,822)
Operating (loss)/profit1,019,460,234

Finance income 26 19,630,776 12,155,111

Finance expense 27 (189,585,709) (197,641,178)
Net finance expense(185,486,067) (Loss)/profit before
contribution to WPPF833,974,167
Contribution to workers' profit participation fund- WPPF 28 - (41,698,708)

(Loss)/profit before tax 32792,275,459

Income tax refundable/(expense) 33(298,308,500)
(Loss)/profit for the year493,966,959
Other comprehensive income
Actuarial gain from defined benefit plan 14.5 3,215,250 60,574,500
Total comprehensive (loss)/income (1,322,979,988) 554,541,459
Earnings per share:
Basic and diluted (losses)/earnings per share (par value Taka 10) 36. (96.94) 36.11