RENATA LIMITED Plot-1, Milk Vita Road, Section-7
Mirpur, Dhaka-1216
Dear Shareholders,
Subject: Financial Statements for the third quarter ended 31 March 2022
We are pleased to present the unaudited third quarter financial statements of Renata Limited containing the Statement of Financial Position as at 31 March 2022, the Statement of Profit or Loss and Other Comprehensive Income, the Statement of Cash Flows and the Statement of Changes in Equity for the third quarter ended 31 March 2022. The details of the published third quarter financial statements are available in the website of the Company. The address of the website iswww.renata-ltd.com
Yours Sincerely
for RENATA LIMITED
Syed S. Kaiser Kabir
CEO and Managing Director
Renata Limited
Statement of Financial Position as at 31 March 2022
( Unaudited)
Notes
ASSETS
31 March 2022 Taka in 000's
30 June 2021 Taka in 000's
Non-current assets
Property, plant and equipment (WDV) 1
Capital work-in-progress 2
Investment in subsidiaries 3 Total non-current assets
13,227,421 9,475,125 63,080 | 13,217,220 3,803,866 63,080 |
22,765,626
17,084,166
Current assets
Inventories 4
Trade and other receivables 5
Advances, deposits and prepayments 6
Investment in shares and FDR 7
Cash and cash equivalents 8 Total current assets
7,617,042 4,864,155 914,900 1,967,572 1,110,336 | 5,929,260 3,958,646 590,573 5,463,937 1,356,085 |
16,474,005
17,298,501
Total assets
39,239,631 | 34,382,667 |
EQUITY AND LIABILITIES Shareholders' equity
Share capital 9 Revaluation surplus
Other reserves
Fair value reserve Retained earnings
Total shareholders' equity
1,071,930 152,991 (43,065) 29,344 26,885,024 | 974,482 153,361 (43,065) 24,775 24,340,255 |
28,096,224
25,449,808
Non-current liabilities
Deferred tax liabilities 10 Total non-current liabilities
1,367,863 | 1,368,214 |
1,367,863
1,368,214
Current liabilities
Short term bank loan and overdrafts 11
Trade and other payables 12 Unclaimed dividend
Total current liabilities Total equity and liabilities
7,034,172 2,714,983 26,389 | 4,801,510 2,721,795 41,340 |
9,775,544
7,564,645
39,239,631 | 34,382,667 |
Net asset value (NAV) per share Number of shares used to compute NAV
17
262.11
237.42
Nos. in 000's
107,193
107,193
Dr. Sarwar Ali Chairman
Syed S. Kaiser Kabir
CEO and Managing Director
Nehal Ahmed Independent Director
Md. Jubayer Alam Company Secretary
Khokan Chandra Das Head of Finance
Statement of Profit or Loss and Other Comprehensive Income for the period from 01 July 2021 to 31 March 2022
Notes
Turnover and other income 13
Cost and expenses:
Cost of sales 14 Administrative, selling, marketing & distribution expenses
Finance costs
Total cost and expenses
Profit before contribution to workers' participation fund
Contribution to workers' participation fund
Profit before tax
Provision for income tax 16
Net profit after tax for the period
Other comprehensive income
Net profit after tax for the period
Items that will not be reclassified to profit or loss
Fair value adjustment on investment in shares, net of tax Realised gain/ (loss) on disposal of shares
Total comprehensive income for the period
2021-2022 (July-March) Taka in 000's
2020-2021 (July-March) Taka in 000's
2022 (January-March)
2021 (January-March)
Taka in 000's
Taka in 000's
22,647,219
20,547,278
7,523,976
6,355,890
11,735,137 5,319,411 194,293 | 10,618,277 4,624,653 121,799 | 3,865,960 1,972,961 80,217 | 3,467,824 1,203,461 24,623 |
17,248,841 5,398,378 257,066 5,141,312 1,086,635
15,364,729 5,182,549 246,788 4,935,761 1,269,444
5,919,138
1,604,838
4,695,908
1,659,982
76,421 1,528,417 177,473
79,047 1,580,935 332,045
4,054,677 | 3,666,317 | 1,350,944 | 1,248,890 |
4,054,677
3,666,317
1,350,944
1,248,890
4,569
21,083
(1,245)
(1,633)
61
341
-
-
4,059,307 | 3,687,741 | 1,349,699 | 1,247,257 |
Basic earnings per share i.e. EPS (par value of Tk. 10)
Number of shares used to compute EPS
Nos. in 000's
18
37.83 107,193
34.20 107,193
12.60 107,193
11.65 107,193
Dr. Sarwar Ali ChairmanSyed S. Kaiser Kabir
CEO and Managing Director
Nehal Ahmed Independent Director
Md. Jubayer Alam Company Secretary
Khokan Chandra Das Head of Finance
Statement of Cash Flows for the period from 01 July 2021 to 31 March 2022
A. Cash flows from operating activities:
Collection from customers and other income
Payment for cost and expenses
Income tax paid
Net cash generated from operating activities
B. Cash flows from investing activities:
Acquisition of fixed assets
Investment in shares and FDR
Advance payment to subsidiaries
Sale proceeds of property, plant and equipment Net cash used in investing activities
C. Cash flows from financing activities:
Loans received/ (repaid) (net)
Dividend paid
Net cash used in financing activities
D. Effect of exchange rate changes on cash and cash equivalents
E. Net increase/ (decrease) in cash & cash equivalents (A+B+C+D)
F. Opening cash and cash equivalents
G. Closing cash and cash equivalents (E+F)
Notes
2021-2022 (July-March) Taka in 000's
2020-2021 (July-March) Taka in 000's
19
25,800,296 (22,959,745) (913,997) | 23,971,921 (19,657,144) (1,104,888) |
1,926,554
3,209,889
(6,516,369) 3,510,362 29,235 13,832 | (2,611,838) (697,237) (31,246) 8,539 |
(2,962,940)
(3,331,782)
2,214,329 (1,427,949) | 607,010 (1,135,572) |
786,380
(528,562)
4,257
(798)
(245,749)
(651,253)
1,356,085
1,372,996
1,110,336 | 721,743 |
Net operating cash flow per share
Number of shares used to compute net operating cash flow per share
20
17.97
29.94
Nos. in 000's
107,193
107,193
Dr. Sarwar Ali Chairman
Syed S. Kaiser Kabir
CEO and Managing Director
Nehal Ahmed Independent Director
Md. Jubayer Alam Company Secretary
Khokan Chandra Das Head of Finance
Renata Limited and its subsidiaries
Consolidated Statement of Financial Position as at 31 March 2022
ASSETS
Non-current assets
( Unaudited)
Notes
Property, plant and equipment (WDV) 1(a)
Capital work-in-progress 2(a) Total non-current assets
Current assets
Inventories 4(a)
Trade & other receivables 5(a)
Advances, deposits and prepayments 6(a)
Investment in shares and FDR 7(a)
Cash and cash equivalents 8(a) Total current assets
Total assets
EQUITY AND LIABILITIES
Equity attributable to equity holders of Renata Limited
Share capital 9 Revaluation surplus
Other reserves
Fair value reserve Retained earnings
Total equity attributable to equity holders of Renata Limited Non-controlling interests
Total equity
Non-current liabilities
Deferred tax liabilities 10(a) Total non-current liabilities
Current liabilities
Short term bank loan and overdrafts 11(a)
Trade and other payables 12(a) Unclaimed dividend
Total current liabilities Total equity and liabilities
31 March 2022 Taka in 000's
30 June 2021 Taka in 000's
13,674,339 9,560,756 | 13,690,411 3,889,100 |
23,235,095
17,579,511
7,750,751 4,609,134 955,297 1,967,572 1,191,302 | 6,020,650 3,683,401 619,853 5,463,937 1,405,953 |
16,474,056
17,193,794
39,709,151 | 34,773,305 |
1,071,930 152,991 (43,065) 29,344 27,205,773 | 974,482 153,361 (43,065) 24,775 24,601,847 |
28,416,973 57 28,417,030
25,711,400 53 25,711,453
1,369,284 | 1,369,275 |
1,369,284
1,369,275
7,034,172 2,862,276 26,389 | 4,801,510 2,849,727 41,340 |
9,922,837
7,692,577
39,709,151 | 34,773,305 |
Net asset value (NAV) per share Number of shares used to compute NAV
17(a)
265.10
239.86
Nos. in 000's
107,193
107,193
Dr. Sarwar Ali Chairman
Syed S. Kaiser Kabir
CEO and Managing Director
Nehal Ahmed Independent Director
Md. Jubayer Alam Company Secretary
Khokan Chandra Das Head of Finance