STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENS

Notes 2019-2020 2018-2019

Taka Taka
Revenue 28 13,876,211,430 14,628,432,591
Cost of sales 29 (12,454,360,809) (12,698,608,615)
Gross profit 1,421,850,621 1,929,823,976
Income from mother vessel operation 31 164,378,250 163,507,500
Administrative expenses 32 (252,038,375) (310,036,744)
Selling and distribution expenses 33 (534,608,700) (605,881,338)
(622,268,825) (752,410,582)
Operating profit 799,581,796 1,177,413,394
Non-operating income and expenses 34 36,578,103 44,823,643
Finance cost 35.1 (992,407,650) (1,004,203,672)
Financial income 35.2 110,913,521 213,753,067
(844,916,025) (745,626,962)
Net (loss)/profit before WPPF & Income tax (45,334,230) 431,786,432
Workers' profit participation fund (WPPF) - (20,561,259)
Net (loss)/profit before tax (45,334,230) 411,225,173
Share of profit from associates 37 17,114,045 24,187,271
(Loss)/profit before income tax (28,220,185) 435,412,444
Income tax
Current tax expense 26 (94,370,185) (84,716,866)
Deferred tax expense 22.1 (9,862,903) (99,545,423)
(104,233,088) (184,262,289)
Net (loss)/profit after tax for the year (132,453,273) 251,150,155
(Loss)/profit for the year (132,453,273) 251,150,155
Add: Other comprehensive income - -
Total other comprehensive (loss)/profit for the year (132,453,273) 251,150,155
Earnings per share (EPS) 38 (0.89) 1.69
IT OR LOSS AND OTHER COMPREHENSIVE INCOME

Notes 2017-2018 2016-20017

Taka Taka
Revenue 27 12,559,311,599 9,439,820,021
Cost of sales 28 (10,915,891,226) (7,829,382,292)
Gross profit 1,643,420,373 1,610,437,729 Notes
Other operating income 29 147,400,000 108,535,500
Administrative expenses 30 (307,978,897) (209,406,229)
Selling and distribution expenses 31 (481,551,631) (399,790,016)
Operating profit 1,001,289,845 1,109,776,984
Non - operating income 32 146,550 58,694,472
Financial cost 33.01 (798,271,896) (499,434,000)
Financial income 33.02 195,795,104 169,175,158
Share of profit from associates 35 31,776,497 64,665,276
Profit before WPPF & income tax 430,736,100 902,877,890
Workers' profit participation fund (WPPF) (20,511,243) (42,994,185)
Profit before income tax 410,224,857 859,883,704
Income tax expenses
Current tax 34.01 (1,231,336) (166,339,734)
Deferred tax 34.02 (93,380,754) (32,464,873)
(94,612,090) (198,804,607)
Net profit after tax for the year 315,612,768 661,079,097
Earnings per share 36 2.13 4.45
15,000,000,000
11,000,000,000
 15,000,000,000
11,000,000,000
7,000,000,000
3,000,000,000
-1,000,000,000 Rev- Net
enue com

Axis Title

2020 13,876, -
211,43 1324
0 27
2019 14,628, 251
432,59 0,1
1
2018 12,559, 315
311,59 2,7
9
2017 9,439,8 661
20,021 9,09
 crown cement LTD
icome statement

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Notes 2020 2019 2018
Revenue 13,876,211,430 14,628,432,591 12,559,311,599
Cost of sales (12,454,360,809) (12,698,608,615) (10,915,891,226)
Gross profit 1,421,850,621 1,929,823,976 1,643,420,373
Income from mother vessel operation 164,378,250 163,507,500 147,400,000
Administrative expenses (252,038,375) (310,036,744) (307,978,897)
Selling and distribution expenses (534,608,700) (605,881,338) (481,551,631)
(622,268,825) (752,410,582) -642,130,528
Operating profit 799,581,796 1,177,413,394 1,001,289,845
Non-operating income and expenses 36,578,103 44,823,643 146,550
Finance cost (992,407,650) (1,004,203,672) (798,271,896)
Financial income 110,913,521 213,753,067 195,795,104
(844,916,025) (745,626,962) 31,776,497
Net (loss)/profit before WPPF & Income tax (45,334,229) 431,786,432 430,736,100
Workers' profit participation fund (WPPF) - (20,561,259) (20,511,243)
Net (loss)/profit before tax (45,334,229) 411,225,173 410,224,857
Share of profit from associates 17,114,045 24,187,271
(Loss)/profit before income tax (28,220,184) 435,412,444 410,224,857
Income tax
Current tax expense (94,370,185) (84,716,866) (1,231,336)
Deferred tax expense (9,862,903) (99,545,423) (93,380,754)
(104,233,088) (184,262,289) (94,612,090)
Net (loss)/profit after tax for the year (132,453,272) 251,150,155 315,612,767
(Loss)/profit for the year (132,453,272) 251,150,155 315,612,767
Add: Other comprehensive income - -
Total other comprehensive (loss)/profit for the year (132,453,272) 251,150,155 315,612,767
 Crown cement LTD
Growth Analysis
2020 2019 2018
Revenue 13,876,211,430 14,628,432,591 12,559,311,599
Net income -132453272 251,150,155 315,612,768
Net profit margin -0.95% 1.72% 2.51%
sales Growth(Geometric Mean) 13.70% 15.72% 9.99%
Net profit Growth(Geomatric mean) -158.52% -27.57% -21.84%
% Change in Sales 0.95 1.16 1.33
Sales Growth (Geomatric Mean) 1.1370
% Change in Sales 13.70%

Crown cement LTD

Chart Title
15,000,000,000
11,000,000,000
 Chart Title
15,000,000,000
11,000,000,000
7,000,000,000
3,000,000,000
-1,000,000,000 Rev- Net in- Net sales Net % Sales %
enue come profit Growth( profit Change Growth Change
margin Geo- Growth( in Sales (Geo- in Sales
metric Geoma- matric
Axis Title Mean) tric Mean)
mean)
2020 13,876, - -0.95% 13.70% - 0.95 1.1370 13.70% N.aN
211,43 132453 158.52
0 272 %
2019 14,628, 251,15 1.72% 15.72% -27.57% 1.16 -NaN #FMT N.aN
432,59 0,155
1
2018 12,559, 315,61 2.51% 9.99% -21.84% 1.33 NaN NaN N.aN
311,59 2,768
9
2017 9,439,8 661,07 7.00% #FMT #FMT NaN NaN NaN NaN
20,021 9,098
 2020-2019 2020-2019
2017 Dollar change(A-B) percentage change Trend percentage
9,439,820,021 -752,221,161 -5.14% 94.86%
(7,829,382,292) 244,247,806 -1.92% 98.08%
1,610,437,729 -507,973,355 -26.32% 73.68%
108,535,500 870,750 0.53% 100.53%
(209,406,229) 57,998,369 -18.71% 81.29%
(399,790,016) 71,272,638 -11.76% 88.24%
-500,660,745 130,141,757 -17.30% 82.70%
1,109,776,984 -377,831,598 -32.09% 67.91%
58,694,472 -8,245,540 -18.40% 81.60%
(499,434,000) 11,796,022 -1.17% 98.83%
169,175,158 -102,839,546 -48.11% 51.89%
64,665,276 -99,289,063 13.32% 113.32%
902,877,890 -477,120,661 -110.50% -10.50%
(42,994,185) 0 0.00% 0.00%
859,883,705 -456,559,402 -111.02% -11.02%
-7,073,226 -29.24% 70.76%
859,883,705 -463,632,628 -106.48% -6.48%
0 0.00% 0.00%
(166,339,734) -9,653,319 11.39% 111.39%
(32,464,873) 89,682,520 -90.09% 9.91%
(198,804,607) 80,029,201 -43.43% 56.57%
661,079,098 -383,603,427 -152.74% -52.74%
661,079,098 -383,603,427 -152.74% -52.74%

661,079,098 -383,603,427 -152.74% -52.74%

2018-2017 2018-2017
Dollar change(A-B) percentage change Trend percentage
3,119,491,578 33.05% 133.05%
-3,086,508,934 39.42% 139.42%
 32,982,644 2.05% 102.05%
38,864,500 35.81% 135.81%
-98,572,668 47.07% 147.07%
-81,761,615 20.45% 120.45%
-141,469,783 28.26% 128.26%
-108,487,139 -9.78% 90.22%
-58,547,922 -99.75% 0.25%
-298,837,896 59.84% 159.84%
26,619,946 15.74% 115.74%
-32,888,779 -50.86% 49.14%
-472,141,790 -52.29% 47.71%
22,482,942 -52.29% 47.71%
-449,658,848 -52.29% 47.71%
0 0.00% 0.00%
-449,658,848 -52.29% 47.71%
0 0.00% 0.00%
165,108,398 -99.26% 0.74%
-60,915,881 187.64% 287.64%
104,192,517 -52.41% 47.59%
-345,466,331 -52.26% 47.74%
-345,466,331 -52.26% 47.74%
0 0.00% 0.00%
-345,466,331 -52.26% 47.74%

2017 2020-2019 Trend percentage

9,439,820,021 120.00%
661,079,098
100.00%
7.00%
80.00%
60.00%
40.00%
20.00%
0.00%
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
-20.00%
-40.00%
-60.00%

2020-2019 Trend percentage

 2018-2017 Trend percentage
300.00%
250.00%
200.00%
N.aN
150.00%
Axis Title
100.00%
N.aN
50.00%
N.aN 0.00%
1 3 5 7 9 11 13 15 17 19 21 23 25

NaN Axis Title

vertical A/sales 2019 vertical B/sales 2020
100.00% 100.00%
-86.81% -89.75%
13.19% 10.25%
1.12% 1.18%
-2.12% -1.82%
-4.14% -3.85%
-5.14% -4.48%
8.05% 5.76%
0.31% 0.26%
-6.86% -7.15%
1.46% 0.80%
-5.10% -6.09%
2.95% -0.33%
-0.14%
2.81% -0.33%
0.17% 0.12%
2.98% -0.20%
0.00% 0.00%
-0.58% -0.68%
-0.68% -0.07%
-1.26% -0.75%
1.72% -0.95%
1.72% -0.95%

1.72% -0.95%

vertical A/sales 2017 vertical A/sales 2018

100.00% 100.00%
-82.94% -86.91%
 17.06% 13.09%
1.15% 1.17%
-2.22% -2.45%
-4.24% -3.83%
-5.30% -5.11%
11.76% 7.97%
0.62% 0.00%
-5.29% -6.36%
1.79% 1.56%
0.69% 0.25%
9.56% 3.43%
-0.46% -0.16%
9.11% 3.27%
0.00% 0.00%
9.11% 3.27%
0.00% 0.00%
-1.76% -0.01%
-0.34% -0.74%
-2.11% -0.75%
7.00% 2.51%
7.00% 2.51%
0.00% 0.00%
7.00% 2.51%

nd percentage

11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

19 Trend percentage
7 Trend percentage

15 17 19 21 23 25
STATEMENT OF FINANCIAL POSITION STATEMENT OF FINANCIAL POSITION
As at 30 June 2020

Notes 30.06.2020 30.06.2019

ASSETS Taka Taka

Non- current assets
Property, plant and equipments (PPE), net 4 7,505,811,507 8,041,020,727
Right-of-use asset (ROU), net 5 314,929,576 -
Capital work in progress 6 442,339,580 307,153,556
Intangible asset 7 36,825,332 41,908,080
8,299,905,995 8,390,082,362
Investment in associate and subsidiary companies 8 281,256,372 256,342,357
Current assets
Investment in shares 9 44,723,353 54,941,236
Inventories 10 1,768,067,235 1,297,877,700
Trade and other receivables 11 3,927,759,329 3,599,007,746
Intercompany receivables 12 11,031,555 291,945,998
Advances, deposits and prepayments 13 425,972,816 436,521,766
Advance income tax 14 2,445,513,518 2,750,180,449
Short term investment- FDRs 15 1,508,859,370 1,920,310,773
Cash and cash equivalents 16 371,748,953 280,773,483
10,503,676,128 10,631,559,150
TOTAL ASSETS 19,084,838,495 19,277,983,869
EQUITY AND LIABILITIES
Shareholders' equity
Share capital 17 1,485,000,000 1,485,000,000
Share premium 18 2,956,560,000 2,956,560,000
Retained earnings 1,854,089,572 2,106,437,216
Revaluation reserve 591,466,142 612,480,492
6,887,115,714 7,160,477,708
Non- current liabilities
Employee benefits - gratuity scheme 19 198,049,350 162,593,243
Long term borrow ing net off current portion 20 821,295,223 1,575,330,192
Lease obligation 21 51,060,108 -
Deferred tax liability 22 707,575,264 704,717,145
1,777,979,946 2,442,640,580
Current liabilities and provisions
Short term loan 23 8,793,832,714 7,668,048,872
Long term borrow ing - current portion 20 598,179,855 740,527,887
Lease obligation - current portion 21 289,642,806 -
Trade and other payables 24 527,995,990 478,366,997
Intercompany payables 25 62,679,643 7,230,607
Provision for tax liabilities 26 108,699,353 722,216,731
Provision for w orkers' profit participation fund 27 - 20,561,259
Payable to IPO applicants 12,836,987 12,844,691
Unclaimed dividend 25,875,488 25,068,537
10,419,742,836 9,674,865,581
TOTAL LIABILITIES 12,197,722,782 12,117,506,161
TOTAL EQUITY AND LIABILITIES 19,084,838,495 19,277,983,869
Net Asset Value per share (NAV) 39 46.38 48.22
ANCIAL POSITION

Notes 30.06.2018 30.06.2017

ASSETS Taka Taka
Non - current assets 4 8,142,905,906 7,582,097,442
Property, plant and equipments 5 7,797,130,370 4,709,505,952
Capital work in progress 6 345,775,536 2,872,591,490
Intangible asset 7 34,529,855 -
Investment in associate companies 232,155,086 198,584,589
Current assets 8 11,304,321,269 10,138,764,676
Investment in shares 9 56,337,091 379,375,055
Inventories 10 1,052,792,176 980,360,894
Trade receivables 11 2,395,121,071 1,610,719,068
Current account with sister concerns 12 467,229,310 916,032,230
Other receivables 13 271,239,082 190,901,018
Advances, deposits and prepayments 14 665,814,170 712,669,413
Advance income tax 15 2,082,343,006 1,492,092,598
Cash and cash equivalents 4,313,445,362 3,856,614,400
TOTAL ASSETS 19,713,912,115 17,919,446,707
EQUITY AND LIABILITIES
Shareholders' equity 16 7,124,354,456 7,097,794,749
Share capital 17 1,485,000,000 1,485,000,000
Share premium 2,956,560,000 2,956,560,000
Retained earnings 2,047,144,674 1,996,018,828
Revaluation reserve 635,649,782 660,215,921
LIABILITIES
Non - current liabilities 18 2,759,999,810 2,448,880,657
Long term borrowing net off current maturit 19 2,015,861,668 1,829,140,112
Liabilities for gratuity 20.01 131,243,324 92,279,541
Deferred tax liability 612,894,819 527,461,004
Current liabilities and provision 21 9,829,557,849 8,372,771,301
Trade payables 22 193,298,498 234,043,729
Other payables 23 239,027,243 255,251,109
Current portion of long term borrowings 24 729,555,651 259,050,872
Short term loan 25 7,972,543,254 6,909,413,890
Provision for tax liabilities 26 637,499,865 636,268,528
Liabilities for WPPF 20,511,243 42,994,185
Payable to IPO applicants 12,834,431 12,772,304
Unclaimed dividend 24,287,664 22,976,684
TOTAL LIABILITIES 12,589,557,659 10,821,651,958
TOTAL EQUITY AND LIABILITIES 37 19,713,912,115 17,919,446,707
Net Asset Value per share 47.98 47.80
 Crown cement LTD
Balance sheet
ASSETS Ammount of taka
Current Assets 30.06.2020 30.06.2019 30.06.2018
Investment in shares 44,723,353 54,941,236 56,337,091
Inventories 1,768,067,235 1,297,877,700 1,052,792,176
Trade and other receivables 3,927,759,329 3,599,007,746 2,666,360,153
Intercompany receivables 11,031,555 291,945,998
Advances, deposits and prepayments 425,972,816 436,521,766 665,814,170
Advance income tax 2,445,513,518 2,750,180,449 2,082,343,006
Short term investment- FDRs 1,508,859,370 1,920,310,773
Cash and cash equivalents 371,748,953 280,773,483 4,313,445,362
Current account with sister concerns 467,229,310
Total current assets 10,503,676,129 10,631,559,151 11,304,321,268
Non current Assets
Property, plant and equipments (PPE), net 7,505,811,507 8,041,020,727 7,797,130,370
Right-of-use asset (ROU), net 314,929,576
Capital work in progress 442,339,580 307,153,556 345,775,536
Intangible asset 36,825,332 41,908,080 34,529,855
Total non current assets 8,299,905,995 8,390,082,363 8,177,435,761
Investment in associate and subsidiary companies 281,256,372 256,342,357 232,155,086
Total assets 19,084,838,496 19,277,983,871 19,713,912,115
 EQUITY AND LIABILITIES
30.06.2017 Current liabilities and provisions 30.06.2020 30.06.2019
379,375,055 Short term loan 8,793,832,714 7,668,048,872
980,360,894 Long term borrow ing - current portion 598,179,855 740,527,887
1,801,620,086 Lease obligation - current portion 289,642,806 -
Trade and other payables 527,995,990 478,366,997
712,669,413 Intercompany payables 62,679,643 7,230,607
1,492,092,598 Provision for tax liabilities 108,699,353 722,216,731
Provision for w orkers' profit participation fund - 20,561,259
3,856,614,400 Payable to IPO applicants 12,836,987 12,844,691
916,032,230 Unclaimed dividend 25875488 25,068,537
10,138,764,676 Liabilities for WPPF
Total current liabilities 10,419,742,836 9,674,865,581
4,709,505,952 Non - current liabilities

2,872,591,490 Employee benefits - gratuity scheme 198,049,350 162,593,243

Long term borrow ing net off current portion 821,295,223 1,575,330,192
7,582,097,442 Lease obligation 51,060,108 -
198,584,589 Deferred tax liability 707,575,264 704,717,145
17,919,446,707 Total non-current liabilities 1,777,979,945 2,442,640,580
Total liability 12,197,722,781 12,117,506,161
Shareholders' equity
Share capital 1,485,000,000 1,485,000,000
Share premium 2,956,560,000 2,956,560,000
Retained earnings 1,854,089,572 2,106,437,216
Revaluation reserve 591,466,142 612,480,492
Total equity 6,887,115,714 7,160,477,708
TOTAL EQUITY AND LIABILITIES 19,084,838,495 19,277,983,869

Crown cement LTD

Balance sheet
ASSETS 2020 2019
Current Assets
Investment in shares 44,723,353 54,941,236
Inventories 1,768,067,235 1,297,877,700
Trade and other receivables 3,927,759,329 3,599,007,746
Intercompany receivables 11,031,555 291,945,998
Advances, deposits and prepayments 425,972,816 436,521,766
Advance income tax 2,445,513,518 2,750,180,449
 Short term investment- FDRs 1,508,859,370 1,920,310,773
Cash and cash equivalents 371,748,953 280,773,483
Current account with sister concerns
Total current assets 10,503,676,129 10,631,559,151
Non current Assets
Property, plant and equipments (PPE), net 7,505,811,507 8,041,020,727
Right-of-use asset (ROU), net 314,929,576
Capital work in progress 442,339,580 307,153,556
Intangible asset 36,825,332 41,908,080
Total non current assets 8,299,905,995 8,390,082,363
Investment in associate and subsidiary companies 281,256,372 256,342,357
Total assets 19,084,838,496 19,277,983,871
EQUITY AND LIABILITIES
Current liabilities and provisions
Short term loan 8,793,832,714 7,668,048,872
Long term borrow ing - current portion 598,179,855 740,527,887
Lease obligation - current portion 289,642,806 -
Trade and other payables 527,995,990 478,366,997
Intercompany payables 62,679,643 7,230,607
Provision for tax liabilities 108,699,353 722,216,731
Provision for w orkers' profit participation fund - 20,561,259
Payable to IPO applicants 12,836,987 12,844,691
Unclaimed dividend 2587548800.00% 25,068,537
Liabilities for WPPF
Total current liabilities 10,419,742,836 9,674,865,581
Non - current liabilities
198,049,350 162,593,243
Employee benefits - gratuity scheme 821,295,223 1,575,330,192
Long term borrow ing net off current portion 51,060,108
Lease obligation 707,575,264 704,717,145
Deferred tax liability 1,777,979,945 2,442,640,580
Total non-current liabilities 12,197,722,781 12,117,506,161
Shareholders' equity
Share capital 1,485,000,000 1,485,000,000
Share premium 2,956,560,000 2,956,560,000
Retained earnings 1,854,089,572 2,106,437,216
Revaluation reserve 591,466,142 612,480,492
Total equity 6,887,115,714 7,160,477,708
TOTAL EQUITY AND LIABILITIES 19,084,838,495 19,277,983,869

ASSETS 2018 2017

Current Assets
Investment in shares 56,337,091 379,375,055
Inventories 1,052,792,176 980,360,894
 Trade and other receivables 3,927,759,329 3,599,007,746
Intercompany receivables
Advances, deposits and prepayments 665,814,170 712,669,413
Advance income tax 2,082,343,006 1,492,092,598
Short term investment- FDRs
Cash and cash equivalents 4,313,445,362 3,856,614,400
Current account with sister concerns 467,229,310 916,032,230
Total current assets 12,565,720,444 11,936,152,336
Non current Assets
Property, plant and equipments (PPE), net 7,797,130,370 4,709,505,952
Right-of-use asset (ROU), net
Capital work in progress 345,775,536 2,872,591,490
Intangible asset 34,529,855
Total non current assets 8,177,435,761 7,582,097,442
Investment in associate and subsidiary companies 232,155,086 198,584,589
Total assets 20,975,311,291 19,716,834,367
EQUITY AND LIABILITIES
Current liabilities and provisions
Short term loan 7,972,543,254 6,909,413,890
Long term borrow ing - current portion 729,555,651 259,050,872
Lease obligation - current portion
Trade and other payables 432,325,741 489,294,838
Intercompany payables
Provision for tax liabilities 637,499,865 636,268,528
Provision for w orkers' profit participation fund
Payable to IPO applicants 12,834,431 12,772,304
Unclaimed dividend 24,287,664 22,976,684
Liabilities for WPPF 20,511,243 42,994,185
Total current liabilities 9,829,557,849 8,372,771,301
Non - current liabilities

Employee benefits - gratuity scheme 131,243,324 92,279,541

Long term borrow ing net off current portion 2,015,861,668 1,829,140,112
Lease obligation
Deferred tax liability 612,894,819 527,461,004
Total non-current liabilities 2,759,999,811 2,448,880,657
Total liability 2,759,999,811 2,448,880,657
Shareholders' equity
Share capital 1,485,000,000 1,485,000,000
Share premium 2,956,560,000 2,956,560,000
Retained earnings 2,047,144,674 1,996,018,828
Revaluation reserve 635,649,782 660,215,921
Total equity 7,124,354,456 7,097,794,749
TOTAL EQUITY AND LIABILITIES 9,884,354,267 9,546,675,406
 Balance sheet-2020-2019
Trend % A/Bx 100%
1000.00%
900.00%
800.00%
700.00% Trend % A/Bx 100%
600.00%
500.00%
400.00%
300.00%
200.00%
100.00%
0.00%
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43
30.06.2018 30.06.2017
7,972,543,254 6,909,413,890
729,555,651 259,050,872

432,325,741 489,294,838

637,499,865 636,268,528

12,834,431 12,772,304
24,287,664 22,976,684
20,511,243 42,994,185
9,829,557,849 8,372,771,301

131,243,324 92,279,541
2,015,861,668 1,829,140,112

612,894,819 527,461,004
2,759,999,811 2,448,880,657
12,589,557,660 10,821,651,958

1,485,000,000 1,485,000,000
2,956,560,000 2,956,560,000
2,047,144,674 1,996,018,828
635,649,782 660,215,921
7,124,354,456 7,097,794,749
19,713,912,116 17,919,446,707

Dollar change Percentage change Trend % Common size 2020 Common size 2019
A-B A/Bx 100% A/Total assets B/Total assets
-10,217,883 -18.60% 81.40% 0.23% 0.28%
470,189,535 36.23% 136.23% 9.26% 6.73%
328,751,583 9.13% 109.13% 20.58% 18.67%
-280,914,443 -96.22% 3.78% 0.06% 1.51%
-10,548,950 -2.42% 97.58% 2.23% 2.26%
-304,666,931 -11.08% 88.92% 12.81% 14.27%
 -411,451,403 -21.43% 78.57% 7.91% 9.96%
90,975,470 32.40% 132.40% 1.95% 1.46%
0 0.00% 0.00% 0.00% 0.00%
-127,883,022 -1.20% 98.80% 55.04% 55.15%

-535,209,220 -6.66% 93.34% 39.33% 41.71%

314,929,576 0.00% 0.00% 1.65% 0.00%
135,186,024 44.01% 144.01% 2.32% 1.59%
-5,082,748 -12.13% 87.87% 0.19% 0.22%
-90,176,368 -1.07% 98.93% 43.49% 43.52%
24,914,015 9.72% 109.72% 1.47% 1.33%
-193,145,375 -1.00% 99.00% 100.00% 100.00%

1,125,783,842 14.68% 114.68% 46.08% 39.78%

-142,348,032 -19.22% 80.78% 3.13% 3.84%
0 0.00% 0.00% 1.52% 0.00%
49,628,993 10.37% 110.37% 2.77% 2.48%
55,449,036 766.87% 866.87% 0.33% 0.04%
-613,517,378 -84.95% 15.05% 0.57% 3.75%
0 0.00% 0.00% 0.00% 0.11%
-7,704 -0.06% 99.94% 0.07% 0.07%
806,951 3.22% 103.22% 0.14% 0.13%
0 0.00% 0.00% 0.00%
744,877,255 7.70% 107.70% 54.60% 50.19%

35,456,107 21.81% 121.81% 1.04% 0.84%

-754,034,969 -47.87% 52.13% 4.30% 8.17%
51,060,108 0% 0.00% 0.27% 0.00%
2,858,119 0.41% 100.41% 3.71% 3.66%
-664,660,635 -27.21% 72.79% 9.32% 12.67%
80,216,620 0.66% 100.66% 63.91% 62.86%

0 0.00% 100.00% 7.78% 7.70%

0 0.00% 100.00% 15.49% 15.34%
-252,347,644 -11.98% 88.02% 9.71% 10.93%
-21,014,350 -3.43% 96.57% 3.10% 3.18%
-273,361,994 -3.82% 96.18% 36.09% 37.14%
-193,145,374 -1.00% 99.00% 100.00% 100.00%

Dollar change Percentage change Trend % Common size 2018 Common size 2017
A-B A/Bx 100% A/Total assets B/Total assets
-323,037,964 -85.15% 14.85% 0.27% 1.92%
72,431,282 7.39% 107.39% 5.02% 4.97%
 328,751,583 0.00% 0.00% 18.73% 18.25%
0 0.00% 0.00% 0.00% 0.00%
-46,855,243 -6.57% 93.43% 3.17% 3.61%
590,250,408 39.56% 139.56% 9.93% 7.57%
0 0.00% 0.00% 0.00% 0.00%
456,830,962 11.85% 111.85% 20.56% 19.56%
-448,802,920 -48.99% 51.01% 2.23% 4.65%
629,568,108 5.27% 105.27% 59.91% 60.54%

3,087,624,418 65.56% 165.56% 37.17% 23.89%

0 0.00% 0.00% 0.00% 0.00%
-2,526,815,954 -87.96% 12.04% 1.65% 14.57%
34,529,855 0.00% 0.00% 0.16% 0.00%
595,338,319 7.85% 107.85% 38.99% 38.45%
33,570,497 16.90% 116.90% 1.11% 1.01%
1,258,476,924 6.38% 106.38% 100.00% 100.00%

1,063,129,364 15.39% 115.39% 38.01% 35.04%

470,504,779 181.63% 281.63% 3.48% 1.31%
0 0.00% 0.00% 0.00% 0.00%
-56,969,097 0.00% 0.00% 2.06% 2.48%
0 0.00% 0.00% 0.00% 0.00%
1,231,337 0.19% 100.19% 3.04% 3.23%
0 0.00% 0.00% 0.00% 0.00%
62,127 0.49% 100.49% 0.06% 0.06%
1,310,980 5.71% 105.71% 0.12% 0.12%
-22,482,942 -52.29% 47.71% 0.10% 0.22%
1,456,786,548 17.40% 117.40% 46.86% 42.47%

38,963,783 42.22% 142.22% 0.63% 0.47%

186,721,556 10.21% 110.21% 9.61% 9.28%
0 0.00% 0.00% 0.00% 0.00%
85,433,815 16.20% 116.20% 2.92% 2.68%
311,119,154 12.70% 112.70% 13.16% 12.42%
311,119,154 12.70% 112.70% 13.16% 12.42%

0 0.00% 100.00% 7.08% 7.53%

0 0.00% 100.00% 14.10% 15.00%
51,125,846 2.56% 102.56% 9.76% 10.12%
-24,566,139 -3.72% 96.28% 3.03% 3.35%
26,559,707 0.37% 100.37% 33.97% 36.00%
337,678,861 3.54% 103.54% 47.12% 48.42%
 Balance sheet-2018-2017
Trend % A/Bx 100%
300.00%
250.00%
200.00%
150.00%
Axis Title
100.00%
50.00%
0.00%
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46
Axis Title
 crown cement LTD
icome statement

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Notes 2020
Revenue 13,876,211,430
Cost of sales 12,454,360,809
Gross profit 26,330,572,239
Income from mother vessel operation 164,378,250
Administrative expenses (252,038,375)
Selling and distribution expenses (534,608,700)
(622,268,825)
Operating profit 25,708,303,414
Non-operating income and expenses 36,578,103
Finance cost (992,407,650)
Financial income 110,913,521
(844,916,025)
Net (loss)/profit before WPPF & Income tax 24,863,387,389
Workers' profit participation fund (WPPF) -
Net (loss)/profit before tax 24,863,387,389
Share of profit from associates 17,114,045
(Loss)/profit before income tax 24,880,501,434
Income tax
Current tax expense (94,370,185)
Deferred tax expense (9,862,903)
(104,233,088)
Net (loss)/profit after tax for the year 24,776,268,346
(Loss)/profit for the year 24,776,268,346
Add: Other comprehensive income -
Total other comprehensive (loss)/profit for the year 24,776,268,346

Ratio Analysis

particulars 2020
current Ratio 1.01
Quick Ratio 0.84
Inventory Turnover 7.04
Fixed Asset Turnover 1.67
Total Asset Turnover 0.73
Total Debt Ratio 63.91%
Long-Term Debt Ratio 9.32%
Debt to Equity 177.11%
Gross profit Margin 189.75%
Operating profit Margin 185.27%
Net profit margin 178.55%
Return on Total Asset 129.82%
Return on Equity 359.75%
Du pont Analysis of ROE 65.91%

Z calculation
2020
Market value of all equity 148,500,000
x1=Net working capital/Total Assets 0.004398
x2=Retained earnings/ Total Assets 0.097150
x3=EBIT/ Total Assets 1.347054
x4= Market value of all equity/book value of total liabilities 0.01
x5=sales/ Total assets 0.73
The orginal Z-score model for Crown cement LTD is 5.32

Long-Term Debt Ratio

2020-2019-2018-2017
16.00% 14.00% 13.67%
14.00% 12.67%

12.00%
9.32% Long-Term Debt Ratio
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
1 2 3 4

Debt to Equity
2020-2019-2018-2017
177.11% 176.71%
180.00%
 Debt to Equity
2020-2019-2018-2017
177.11% 176.71%
180.00%
175.00% 169.23%
170.00% Debt to Equity
165.00%
160.00%
152.46%
155.00%
150.00%
145.00%
140.00%
1 2 3 4

Retu
Gross profit Margin 2020-2
2020-2019-2018-2017
189.75%
190.00% 359.75% 358.19%
400.00%
188.00% 186.81% 186.91%
350.00%
Gross profit Margin 300.00%
186.00%
250.00%
184.00% 182.94% 200.00%
150.00%
182.00% 100.00%
180.00% 50.00%
0.00%
178.00% -50.00% 1 2
1 2 3 4

Operating profit Margin

2020-2019-2018-2017
185.27%
186.00%
184.00% 181.80%
181.66%
182.00% Operating profit Margin
180.00%
177.64%
178.00%
176.00%
174.00%
172.00%
1 2 3 4
176.00%
174.00%
172.00%
1 2 3 4

Net profit margin

2020-2019-2018-2017
200.00% 178.55% 175.33% 172.88%

150.00%
Net profit margin
100.00%

50.00%

0.00%
1 2 -0.74%
3 4
-50.00%

Du pont Analysis of ROE

2020-2019-2018-2017
65.91% 70.19%
80.00%
60.00%
30.68%
40.00% Du pont Analysis of ROE
20.00%
0.00%
-20.00% 1 2 3 4

-40.00%
-60.00%
-80.00% -64.33%
 2019 2018 2017
14,628,432,591 12,559,311,599 9,439,820,021
12,698,608,615 10,915,891,226 7,829,382,292 ASSETS
27,327,041,206 23,475,202,825 17,269,202,313 Current Assets
163,507,500 147,400,000 108,535,500 Investment in shares
(310,036,744) (307,978,897) (209,406,229) Inventories
(605,881,338) (481,551,631) (399,790,016) Trade and other receivables
(752,410,582) -642,130,528 -500,660,745 Intercompany receivables
26,574,630,624 22,833,072,297 16,768,541,568 Advances, deposits and prepayments
44,823,643 146,550 58,694,472 Advance income tax
(1,004,203,672) (798,271,896) (499,434,000) Short term investment- FDRs
213,753,067 195,795,104 169,175,158 Cash and cash equivalents
(745,626,962) 31,776,497 64,665,276 Current account with sister concerns
25,829,003,662 22,262,518,552 16,561,642,474 Total current assets
(20,561,259) (20,511,243) (42,994,185) Non current Assets
25,808,442,403 22,242,007,309 16,518,648,289 Property, plant and equipments (PPE), net
24,187,271 Right-of-use asset (ROU), net
25,832,629,674 22,242,007,309 16,518,648,289 Capital work in progress
Intangible asset
(84,716,866) (1,231,336) (166,339,734) Total non current assets
(99,545,423) (93,380,754) (32,464,873) Investment in associate and subsidiary companies
(184,262,289) (94,612,090) (198,804,607) Total assets
25,648,367,385 22,147,395,219 16,319,843,682
25,648,367,385 22,147,395,219 16,319,843,682
-
25,648,367,385 (93,380,754) 16,319,843,682

2500
2019 2018 2017
1.10 1.15 1.21 2020 2019
2000 2018

1500
 2500
2020 2019
2000 2018
0.96 1.04 1.09
9.78 10.37 7.99
1.74 1.54 1.25 1500
0.76 0.64 0.53
62.86% 63.86% 60.39% 1000
12.67% 14.00% 13.67%
169.23% 176.71% 152.46% 500
186.81% 186.91% 182.94%
1.01
181.66% 181.80% 177.64% 0 1.10
1.15
175.33% -0.74% 172.88% 1
133.04% -0.47% 91.07% 2
3
358.19% -1.31% 229.93%
70.19% -64.33% 30.68%

Quick R
2019 2018 2017 2020-2019-2
148,500,000 148,500,000 148,500,000
0.049626 0.074808 0.098552
1.20 1.0
0.109266 0.103843 0.111388 0.96
1.378496 1.158221 0.935773 1.00 0.84

0.01 0.01 0.01 0.80

0.76 0.64 0.53 0.60
5.53 4.70 3.90
0.40
0.20
0.00
1 2 3

Inventory Tur
2020-2019-201

11.00
9.00
7.04
7.00
5.00
Axis Title
3.00
1.00
1
Inventory Turnover 7.04
 Fixed Asset Tur
2020-2019-2018
Fixed Asset Turn

1.67 1.74
1

Return on Equity 1 2 3

2020-2019-2018-2017
Total Asset Tu
400.00%
359.75% 358.19% 2020-2019-201
350.00% Return on Equity
0.73 0.76
300.00% 229.93% 0.80
250.00%
0.70
200.00%
0.60
150.00%
0.50
100.00%
0.40
50.00%
0.30
0.00%
1 2 3
-1.31% 4 0.20
-50.00%
0.10
0.00
1 2

Total Asset Tur

Total Debt
2020-2019-20
63.91% 63.86%
64.00%
62.86%
63.00%

62.00%

61.00%

60.00%

59.00%

58.00%
1 2 3
 62.00%

61.00%

60.00%

59.00%

58.00%
1 2 3

Return on Total Asset

2020-2019-2018-2017
129.82% 133.04%
140.00%
120.00%
91.07%
100.00% Return on Total Asset
80.00%
60.00%
40.00%
20.00%
0.00%
1 2 -0.47%
3 4
-20.00%
 crown cement LTD
Balance sheet

Ammount of taka
30.06.2020 30.06.2019 30.06.2018 30.06.2017
44,723,353 54,941,236 56,337,091 379,375,055
1,768,067,235 1,297,877,700 1,052,792,176 980,360,894
3,927,759,329 3,599,007,746 2,666,360,153 1,801,620,086
11,031,555 291,945,998
425,972,816 436,521,766 665,814,170 712,669,413
2,445,513,518 2,750,180,449 2,082,343,006 1,492,092,598
1,508,859,370 1,920,310,773
371,748,953 280,773,483 4,313,445,362 3,856,614,400
467,229,310 916,032,230
10,503,676,129 10,631,559,151 11,304,321,268 10,138,764,676

7,505,811,507 8,041,020,727 7,797,130,370 4,709,505,952

314,929,576
442,339,580 307,153,556 345,775,536 2,872,591,490
36,825,332 41,908,080 34,529,855
8,299,905,995 8,390,082,363 8,177,435,761 7,582,097,442
281,256,372 256,342,357 232,155,086 198,584,589
19,084,838,496 19,277,983,871 19,713,912,115 17,919,446,707

2019 2018 2017

 2019 2018 2017

particulars
current Ratio

01
1.10
1.15
1.21
2
3
4

Quick Ratio
2020-2019-2018-2017
1.09
1.04
0.96
84
Quick Ratio

2 3 4

Inventory Turnover
2020-2019-2018-2017

11.00 9.78 10.37

9.00 7.99
7.04
7.00
5.00
3.00
1.00
1 2 3 4
nventory Turnover 7.04 9.78 10.37 7.99
 Fixed Asset Turnover
2020-2019-2018-2017
Fixed Asset Turnover
1.74
1.54
1.25

2 3 4

Total Asset Turnover

2020-2019-2018-2017
3 0.76
0.64
0.53

2 3 4

Total Asset Turnover

Total Debt Ratio

2020-2019-2018-2017
1% 63.86%

62.86%

Total Debt Ratio

60.39%

2 3 4
 Total Debt Ratio

60.39%

2 3 4
EQUITY AND LIABILITIES
Current liabilities and provisions 30.06.2020 30.06.2019
Short term loan 8,793,832,714 7,668,048,872
Long term borrow ing - current portion 598,179,855 740,527,887
Lease obligation - current portion 289,642,806 -
Trade and other payables 527,995,990 478,366,997
Intercompany payables 62,679,643 7,230,607
Provision for tax liabilities 108,699,353 722,216,731
Provision for w orkers' profit participation fund - 20,561,259
Payable to IPO applicants 12,836,987 12,844,691
Unclaimed dividend 2587548800.00% 25,068,537
Liabilities for WPPF
Total current liabilities 10,419,742,836 9,674,865,581
Non - current liabilities

Employee benefits - gratuity scheme 198,049,350 162,593,243

Long term borrow ing net off current portion 821,295,223 1,575,330,192
Lease obligation 51,060,108 -
Deferred tax liability 707,575,264 704,717,145
Total non-current liabilities 1,777,979,945 2,442,640,580
Total liability 12,197,722,781 12,117,506,161
Shareholders' equity
Share capital 1,485,000,000 1,485,000,000
Share premium 2,956,560,000 2,956,560,000
Retained earnings 1,854,089,572 2,106,437,216
Revaluation reserve 591,466,142 612,480,492
Total equity 6,887,115,714 7,160,477,708
TOTAL EQUITY AND LIABILITIES 19,084,838,495 19,277,983,869
30.06.2018 30.06.2017
7,972,543,254 6,909,413,890
729,555,651 259,050,872

432,325,741 489,294,838

637,499,865 636,268,528

12,834,431 12,772,304
24,287,664 22,976,684
20,511,243 42,994,185
9,829,557,849 8,372,771,301

131,243,324 92,279,541
2,015,861,668 1,829,140,112

612,894,819 527,461,004
2,759,999,811 2,448,880,657
12,589,557,660 10,821,651,958

1,485,000,000 1,485,000,000
2,956,560,000 2,956,560,000
2,047,144,674 1,996,018,828
635,649,782 660,215,921
7,124,354,456 7,097,794,749
19,713,912,116 17,919,446,707