BSRM STEELS LIMITED

Statement of Profit or Loss & Other Comprehensive Inco

Revenue from contract with customer

Cost of goods sold
Gross profit for the year

Selling and Distribution Expenses

Admintrative Expenses

Other operating Income

Net operating Profit for the year

Finance Cost
Finance Income
Net Profit Before Tax and WPPF and Welfare Fund
Contribution to WPPF and Welfare Fund

Share of (loss)/profit of equity account

Profit on bargain purchase
Share of Profit of Associate( Net tax)
Net Profit Before Tax

Inceome Tax Expenses/Benefits:

Current Tax
Deferred Tax
Net Profit After Tax

Other Comprehensive income not to be reclassified to profit or Loss

Acturial (loss/gain) on defined benefit obligations(Net of tax)
Gain on revaluation of Land(Net of tax)
Share of revaluation reserve of associate (Net of tax)
Total Comprehensive Income for the year, net of tax
Total Comprehensive Income attributed to:
Owners of the Company

Earning Per share(EPS)

er Comprehensive Income

2015 2016 2017

32,316,100,562 17,265,182,648 32,683,571,946
-27,947,447,147 -14,150,488,526  (28,444,663,016)
4,368,653,415 3,114,694,122 4,238,908,930

-858,647,893 -591,086,940 -938,883,694

-268,473,270  (146,594,026) -330,207,378

16,399,295 2,847,002 3,051,576

3,257,931,547 2,379,860,158 2,972,869,434

-673,131,697 -161,287,564 -380,285,683

66,397,014 27,196,599 13,588,198
2,651,196,865 2,245,769,193 2,606,171,950
-132,559,843 -112,288,460 -130,308,597

75,311,775 -18,555,854 -225,874,590

2,593,948,797 2,114,924,879 2,249,988,762

-393,336,207 -790,193,931 -634,659,347

-118,735,427 -11,412,848 32,706,275
2,081,877,163 1,313,318,100 1,648,035,691
2,081,877,163 1,313,318,100 1,648,035,691

6.09 3.84 4.82

 For the year 2015 to 2020

2018 2019 2020

48,289,925,736 61,060,152,014 38,681,377,223
-43,410,757,954 -56,008,238,101 -33,508,838,131
4,879,167,782 5,051,913,913 5,172,539,092

-1,304,112,525 -1,227,104,692 -1,111,965,100

-409,221,690 -471,951,597 -506,430,664
3,165,833,567 3,352,857,624 3,554,143,328
14.814,291 16,195,350 19,006,162
3,180,647,858 3,369,052,974 3,573,149,490

-2,039,113,061 -1,282,066,574 -1,872,525,590

1.027,369,378 60,686,315 61,390,481
 2,168,904,175 2,147,672,716  1,762,014,381
-108,445,209 -107,383,636 -88,100,719
 2,060,458,966 2,040,289,080 1,673,913,662

10,196,786
237,876,679 297,973,028 151,791,502
2,308,532,431 2,338,262,107 1,825,705,164

-552,700,219 -478,712,202 -756,665,322

44.963,346 -131,421,082 -326,763,219
1,800,795,558 1,728,128,823 742,276,623

-3,392.07 -1,517,336
5,340,715,313
1,356,704,445
1,797,403,492 8,425,548,581 740,759,286
1,797,403,492 740,759,286 740,759,286

4.7 4.6 1.97

 BSRM STEELS LIMITED
Position

ASSETS:
Non-Current ASSETS:
Property, plant and equipment
Right of use Asset
Intangible Assets
Capital work-in-progress
Investment in associates
Total Non-Current Assets

Current Assets
Investories
Trade & Other Receivables
Due from related companies

Advances, deposits and prepayments

Short term Investments
Cash and Cash equivalents
Total Current Assets
Total Assets

EQUITY:
Share capital
Revaluation Reserve
Retained Earning
Total Equity

LIABILITIES:
Non-Current Liabilities:
Long term loans
Defined benefit obligations-Gratuity
Finance lease obligation-Non current position
Deferred tax liabilities
Total Non-Current Liabilities
Current Liabilities:
Trade payable
Short term loan
Current portion of long term loans
Current account with related companies
Finance lease obligations-current position
Due related Companies
Liabilities for expenses
Current tax liabilites
Provision for Income tax
Provision for WPPF and Welfare Fund
Other liabilities
Contract Liabilities
Total Current Liabilities
Total Liabilities
Total Equity & Liabilities
 For the year 2

2015 2016 2017

 7,031,961,006 6,984,587,003 7,845,717,260

 2 9,871,212 28,199,151 24,855,031

1,045,000,000 1,045,000,000 1,045,000,000
1,569,466,903  1,550,911,049 1,325,036,459
9,676,299,121 9,608,697,203 10,240,608,750

889,962,898  5,540,833,6476 7,015,414,276

2.247.869,647 2.568.997.717 3.448.601.088

2,626,472,168 7,145,824,837 10,037,584,376

 2,554,191,955 3,504,385,573 1,563,349,721
 2 66,749,130 259,905,876 245,502,751
468,886,084 180,478,907 73,899,991
15,054,131,882 19,200,426,557 22,384,352,203
 24,730,431,003 28,809,123,760 32,624,960,953

3,417,750,000 3,417,750,000 3,417,750,000

 3,531,278,026 3,829,602,555 4,820,530,247
2,131,590,679  2,123,842,107 2,104,010,606
9,080,618,705 9,371,194,662 10,342,290,853

548,388,963 1,547,131,995 1,095,324,237

55,875,824 57,366,28 72,632,738

 831,760,881 840,590,872 801,274,097

1,436,025,668 2,445,089,148 1,969,231,072
 33,623,532 46,514,219 79,194,710
12,650,676,709 14,156,306,174 17,914,392,772
196,850,016 457,704,192 496,382,366
15,547,452

237,212,136 344,884,653 288,191,966

560,347,182 1,350,541,113 897,748,213

132,559,843 198,906,493 130,308,597

402,617,212 437,983, 106 491,672,953

 14,213,786,630 16,992,839,950 20,313,439,028

15,649,812,298 19,437,929,098 22,282,670,100
24,730,431,003 28,809,123,760 32,624,960,953
 Statement of Financial
For the year 2015 to 2020

2018 2019 2020

9,563,331,957 23,142,546,283 23,835,688,707

131,497,069
27,629,844 48,503,285 41,623,907
2,841,135,643 145,804,831 24,166,519
 1,562,913,138 3,457,009,041 3,608,800,543
13,995,010,582 26,793,863,440 27,641,776,745

14,451,900,658 14,990,097,612 14,841,815,068

6,460,423,147 10,131,693,870 7,647,181,033
970.340,353  8,305,954,818 8,831,716,675

2.954,281,030 3,976,716,412  3,620,663,887

323,908,621 495,102,221 572,533,553
524,690,721 914,756,422 1,452,364,678
31,685,544,730 39,014,321,356 36,966,274,894
45,680,555,312  65,808,184,796  64,608,051,639

3,417,750,000 3,759,525,000 3,759,525,000

2,613,852,170 7,940,930,965 7,927,976,272
6,777,298,362 9,196,763,654  9,681,036,891
12,808,900,532 20,897,219,619 21,368,538,163

1,777,335,668 9,067,948,647 7,590,427,251

136,970,002 164,439,863 199,570,002
73,582,072
1.157.754.016 1.790.395.047 2,112,334,257
3,072,279,686 11,022,784  9,975,913,582
 5,767,311,018 3,361,610,352 138,807,541
19,295,024,003 20,457,420,060 26,648,564,936
1,093,625,713 2,294,041,868 2,249,335,011

63,479,681
1,540,077,748 4,924,790,194 822,902,651
461,123,854 1,011,064,184 1,063,799,629

957,113,965 732.845,493 970,071,795

109,253,966 107,383,636 88,100,719
289,494,523  293.182,726 764,590,228
286,350,304 705,843,107 453,947,703
29,799,375,094 33,888,181,620 33,263,599,894
32,871,654,780 44,910,965,177 43,239,513,476
45,680,555,312 65,808.184,796 64,608,051,639
BSRM STEELS LIMITED

A. Cash flow from Operating Activities

Receipts from customer against sales

Cash Paid to Supplies, operating and other Expenses
Payment of Interest-Net
Income Tax Paid
Net cash (used)/generated by operating activities

B. Cash flows from Investing Activities

Acquisition of property, plant and equipment

Addition of Capital work-in-progress
Addition of Intangible Assets
Proceeds from sale of property, plant and equipment
Increase in short term Investment
Advance of purchse of PPE
Share money deposit to ctg power company ltd.
Net Cash (used)/generated by investing activities

C. Cash flows from Financing Acivities

Dividend paid
Receipt/(Re-payment) of long term loan
Receipt/(Re-payment) of short term loan
Loan received from/(paid to) affiliated companies and others
Decrease in Non-controlling interest
Net cash provided by/(used in) Financing activities

D. Net Increse in cash and cash equivalents(A+B+C)

E. Operating cash and cash equivalents
F. Closing cash and cash equivalent (D+E)
 2015 2016 2017

33,251,803,564  16,936,965,455 31,858,131,936

-26,559,200,269 -12,926,131,083 -29,249,004,560
-598,193,405 -109,632,243 -374,796,539
-328,081,613 -807,715,337 -849,239,332
5,766,328,277 3,093,486,792 1,385,091,504

-749,636,537 -51,351,891 -232,538,157

-8,527,589 -32,430,081 -931,348,810

5,306,840 4,120,000 3,766,042

-246,646,796 6,843,254 14,403,125
-35,496,218 -131,299,969
-500,000,000
-999,504,082 -608,314,936 -1,277,017,769

-509,125,727 -1,019,453,037 -683,397,679

84,859,874 1,259,597,208 -413,129,583
-4,373,691,442 1,505,629,465 3,758,086,598
-21,073,592 -4,519,352,669 -2,876,212,087

-4,819,030,887 -2,773,579,033 -214,652,652

-52,206,692 -288,407,177 -106,578,916

521,092,776 468,886,084 180,478,907
468,886,084 180,478,907 73,899,991
 Statement of Cash Flows
For the year 2015 to 2020

2018 2019 2020

47,363,113,218 57,824,569,444 40,933,000,818

-44,914,462,789 -60,572,087,318 -36,431,999,127
(1,011,743,683 -1,221,380,259 -1,796,046,489
-684,574.63 -702,980,674 -519,439,020
752,332,113 -4,671,878,807 2,185,516,183

-395,231,794 -8,609,432,909 -1,660,291,432

-1,762,957,118 2,695,330,813 121,638,312
-25,816,576
13,240,109 12,528,408 668,276
230.955,438 -171,193,600 -77,431,332

-1,913,993,365 -6,098,583,865 -1,615,416,176

-512,662,500 -341,775,000 -273,758,973

1,198,041,650 8,490,809,134 -1,522,228,254
-1,577,390,041 162,396,057 6,191,144,876
2,611,217,873 1,849,098,181 -4,427,649,400
-106,755,000
1,612,451,982 11,160,528,372 -32,491,751

450,790,729 390,065,700 537,608,256

73,899,991 524,690,721 914,756,422
524,690,721 914,756,422 1,452,364,678