M.I.

Cement F

Particulars 2021
Property, plant and equipment 6,915,719,747.00

Intangible assets 31,742,584.00

Right-of-use asset (ROU), net 310,934,058.00
Investment in Subsidiaries 331,045,029.00
Investments in associates
Capital Work in Progress 785,093,220.00
Total Non Current Assets 8,374,534,638.00
Inventories 1,687,722,887.00
Trade recievables 2,802,789,682.00
Other recievables
Intercompany Recievables
Cash and cash equivalents 169,999,455.00
Short term investments 730,976,784.00
Investment in shares 61,080,713.00
Current account with sister concern
Advance Income tax 2,842,919,010.00
Tax recievables
Prepayments 319,259,375.00
Total Currnt Assets 8,614,747,906.00

TOTAL ASSETS 16,989,282,543.00

1,485,000,000.00
Share Capital
2,583,725,705.00
Retained earnings
Revaluation reserve 798,804,134.00
Share Premium 2,956,560,000.00
SHAREHOLDERS" EQUITY-PARENT COMPANY 7,824,089,839.00
Total Equity 7,824,089,839.00
Long term Debt 140,575,975.00
Deferred tax liability 616,606,407.00
Obligation under finance & operating leases 21,343,845.00
Deferred liability-gratuity 221,073,919.00
Total Non Current Liabilities 999,600,146.00
Trade payable/creditors & accurals 684,148,633.00
Other payables
Short-term debt
Short term bank loan 5,922,894,599.00
Intercompany payables
WPPF & WF 50,219,311.00
Payable toIPO application 12,850,753.00
Current portion of term loan & lease finance 296,732,909.00
Current tax liabilities 374,816,815.00
Unclaimed Dividend 69,643,559.00
Current portion of long term debt 754,285,979.00
Total CURRENT LIABILITIES 8,165,592,558.00
TOTAL LIABILITIIES 9,165,192,704.00
TOTAL EQUITY AND LIABILITIES 16,989,282,543.00
M.I. Cement Factory Limited Balance Sheet
Balance (Amount in Taka)
2020 2019
7,505,811,507.00 8,041,020,727.00

36,825,332.00 41,908,080.00
314,929,576.00
281,256,372.00 256,342,357.00

442,339,580.00 307,153,555.00
8,581,162,367.00 8,646,424,719.00
1,768,067,235.00 1,297,877,700.00
3,927,759,329.00 3,599,007,746.00

11,031,555.00 291,945,998.00
371,748,953.00 280,773,483.00
1,508,859,370.00 1,920,310,773.00
44,723,353.00 54,941,236.00

2,445,513,518.00 2,750,180,449.00

425,972,815.00 436,521,765.00
10,503,676,128.00 10,631,559,150.00

19,084,838,495.00 19,277,983,869.00

1,485,000,000.00 1,485,000,000.00

1,854,089,572.00 2,106,437,216.00
591,466,142.00 612,480,492.00
2,956,560,000.00 2,956,560,000.00
6,887,115,714.00 7,160,477,708.00
6,887,115,714.00 7,160,477,708.00
821,295,223.00 1,575,330,191.00
707,575,264.00 704,717,145.00
51,060,108.00
198,049,350.00 162,593,244.00
1,777,979,946.00 2,442,640,580.00
527,995,990.00 478,366,997.00
8,793,832,714.00 7,668,048,872.00
62,679,643.00 7,230,607.00
20,561,259.00
12,836,987.00 12,844,691.00
289,642,806.00
108,699,352.00 722,216,731.00
25,875,488.00 25,068,537.00
598,179,855.00 740,527,887.00
10,419,742,835.00 9,674,865,581.00
12,197,722,781.00 12,117,506,161.00
19,084,838,495.00 19,277,983,869.00
Taka)
2018 2017
7,797,130,370.00 4,709,505,952.00

34,529,855.00

232,155,086.00
345,775,536.00 2,872,591,490.00
8,409,590,847.00 7,582,097,442.00
1,052,792,176.00 980,360,894.00
2,395,121,071.00 1,610,719,068.00
271,239,082.00 190,901,018.00

4,313,445,362.00 3,856,614,400.00

56,337,091.00 379,375,055.00
467,229,310.00 916,032,230.00
2,082,343,006.00
1,492,092,598.00
665,814,170.00 712,669,413.00
11,304,321,268.00 10,138,764,676.00

19,713,912,115.00 17,919,446,707.00

1,485,000,000.00 1,485,000,000.00

2,047,144,674.00 1,996,018,828.00
635,649,782.00 660,215,921.00
2,956,560,000.00 2,956,560,000.00
7,124,354,456.00 7,097,794,749.00
7,124,354,456.00 7,097,794,749.00
2,015,861,668.00 1,829,140,112.00
612,894,819.00 527,461,004.00

131,243,324.00 92,279,541.00
2,759,999,811.00 2,448,880,657.00
193,298,498.00 234,043,729.00
239,027,243.00 255,251,109.00
6,909,413,890.00
7,972,543,254.00

20,511,243.00 42,994,185.00
12,834,431.00 12,772,304.00
729,555,651.00 259,050,872.00
637,499,865.00 636,268,528.00
24,287,664.00 22,976,684.00

9,829,557,849.00 8,372,771,301.00
12,589,557,660.00 10,821,651,958.00
19,713,912,116.00 17,919,446,707.00
 M.I. Cement Fac

Particulars 2021
Revenue 16,315,315,422.00

14,059,539,138.00
Costs of Sales
Gross Profit 2,255,776,284.00
Other Operating Income 72,361,552.00
Other Operating Profit/ (loss)
General and administrative expenses 229,377,829.00
Sales and marketing/Distributing expenses 547,661,405.00
Operating Profit/(Loss) 1,551,098,602.00
Contribution to workers" profit participation and welfare funds 50,219,311.00
Finance expenses 561,409,223.00
Finance Income 52,520,469.00
Non-operating income and expenses 12,395,692.00
Other revenues and profits
Share of profit/ (loss) in Associate Company 49,788,657.00
Profit/ (loss) Before Tax 1,054,174,886.00
Income Tax Expense (194,953,337.00)
Currrent Tax (266,117,462.00)
Deferred Tax 71,164,125.00
Profit/ (loss) for the period 859,221,549.00
Earnings per share-Basic 5.79
M.I. Cement Factory Limited Income Statement
Balance (Amount in Taka)
2020 2019
13,876,211,430.00 14,628,432,591.00

12,267,970,393.00 12,698,608,615.00

1,608,241,037.00 1,929,823,976.00
(220,212,166.00) 163,507,500.00
44,823,643.00
252,038,375.00 310,036,744.00
534,608,700.00 605,881,338.00
799,581,796.00 1,222,237,037.00
20,561,259.00
992,407,650.00 1,004,203,672.00
110,913,521.00 213,753,067.00
36,578,103.00

17,114,045.00 24,187,271.00
(28,220,185.00) 435,412,444.00
(104,233,088.00) (184,262,289.00)
(94,370,185.00) (84,716,866.00)
(9,862,903.00) (99,545,423.00)
(132,453,273.00) 251,150,155.00
(0.89) 1.69
Taka)
2018 2017
12,559,311,599.00 9,439,820,021.00

10,915,891,226.00 7,829,382,292.00

1,643,420,373.00 1,610,437,729.00
147,400,000.00 108,535,500.00
146,550.00
307,978,897.00 209,406,229.00
481,551,631.00 399,790,016.00
1,001,436,395.00 1,109,776,984.00
20,511,243.00 42,994,185.00
798,271,896.00 499,434,000.00
195,795,104.00 169,175,158.00

58,694,471.00
31,776,497.00 64,665,276.00
410,224,857.00 859,883,704.00
(94,612,090.00) (198,804,607.00)
(1,231,336.00)
(93,380,745.00)
315,612,767.00 661,079,097.00
2.13 4.45
 M.I. Cement Facto

Particulars 2021
Property, plant and equipment 6,915,719,747.00
Intangible assets 31,742,584.00
Right-of-use asset (ROU), net 310,934,058.00
Investment in Subsidiaries 331,045,029.00
Investments in associates
Capital Work in Progress 785,093,220.00
Total Non Current Assets 8,374,534,638.00
Inventories 1,687,722,887.00
Trade recievables 2,802,789,682.00
Other recievables
Intercompany Recievables
Cash and cash equivalents 169,999,455.00
Short term investments 730,976,784.00
Investment in shares 61,080,713.00
Current account with sister concern
Advance Income tax 2,842,919,010.00
Tax recievables
Prepayments 319,259,375.00
Total Currnt Assets 8,614,747,906.00
TOTAL ASSETS 16,989,282,543.00

Share Capital 1,485,000,000.00

Retained earnings 2,583,725,705.00
Revaluation reserve 798,804,134.00
Share Premium 2,956,560,000.00
SHAREHOLDERS" EQUITY-PARENT COMPANY 7,824,089,839.00
Total Equity 7,824,089,839.00
Long term Debt 140,575,975.00
Deferred tax liability 616,606,407.00
Obligation under finance & operating leases 21,343,845.00
Deferred liability-gratuity 221,073,919.00
Total Non Current Liabilities 999,600,146.00

684,148,633.00
Trade payable/creditors & accurals

Other payables
Short-term debt

5,922,894,599.00
Short term bank loan
Intercompany payables
WPPF & WF 50,219,311.00

12,850,753.00
Payable toIPO application

296,732,909.00
Current portion of term loan & lease finance

374,816,815.00
Current tax liabilities

69,643,559.00
Unclaimed Dividend

754,285,979.00
Current portion of long term debt

Total CURRENT LIABILITIES 8,165,592,558.00

TOTAL LIABILITIIES 9,165,192,704.00

TOTAL EQUITY AND LIABILITIES 16,989,282,543.00

M.I. Cement Factory Limited Balance Sheet
Balance (Amount in Taka)
2020 2019
7,505,811,507.00 8,041,020,727.00
36,825,332.00 41,908,080.00
314,929,576.00
281,256,372.00 256,342,357.00

442,339,580.00 307,153,555.00
8,581,162,367.00 8,646,424,719.00
1,768,067,235.00 1,297,877,700.00
3,927,759,329.00 3,599,007,746.00

11,031,555.00 291,945,998.00
371,748,953.00 280,773,483.00
1,508,859,370.00 1,920,310,773.00
44,723,353.00 54,941,236.00

2,445,513,518.00 2,750,180,449.00

425,972,815.00 436,521,765.00
10,503,676,128.00 10,631,559,150.00
19,084,838,495.00 19,277,983,869.00

1,485,000,000.00 1,485,000,000.00
1,854,089,572.00 2,106,437,216.00
591,466,142.00 612,480,492.00
2,956,560,000.00 2,956,560,000.00
6,887,115,714.00 7,160,477,708.00
6,887,115,714.00 7,160,477,708.00
821,295,223.00 1,575,330,191.00
707,575,264.00 704,717,145.00
51,060,108.00
198,049,350.00 162,593,244.00
1,777,979,946.00 2,442,640,580.00

527,995,990.00 478,366,997.00
8,793,832,714.00 7,668,048,872.00

62,679,643.00 7,230,607.00
20,561,259.00

12,836,987.00 12,844,691.00

289,642,806.00

108,699,352.00 722,216,731.00

25,875,488.00 25,068,537.00

598,179,855.00 740,527,887.00

10,419,742,835.00 9,674,865,581.00

12,197,722,781.00 12,117,506,161.00

19,084,838,495.00 19,277,983,869.00
Taka)
2018 2017
7,797,130,370.00 4,709,505,952.00
34,529,855.00

232,155,086.00
345,775,536.00 2,872,591,490.00
8,409,590,847.00 7,582,097,442.00
1,052,792,176.00 980,360,894.00
2,395,121,071.00 1,610,719,068.00
271,239,082.00 190,901,018.00

4,313,445,362.00 3,856,614,400.00

56,337,091.00 379,375,055.00
467,229,310.00 916,032,230.00
2,082,343,006.00
1,492,092,598.00
665,814,170.00 712,669,413.00
11,304,321,268.00 10,138,764,676.00
19,713,912,115.00 17,919,446,707.00

1,485,000,000.00 1,485,000,000.00
2,047,144,674.00 1,996,018,828.00
635,649,782.00 660,215,921.00
2,956,560,000.00 2,956,560,000.00
7,124,354,456.00 7,097,794,749.00
7,124,354,456.00 7,097,794,749.00
2,015,861,668.00 1,829,140,112.00
612,894,819.00 527,461,004.00

131,243,324.00 92,279,541.00
2,759,999,811.00 2,448,880,657.00

193,298,498.00 234,043,729.00

239,027,243.00 255,251,109.00
 6,909,413,890.00

7,972,543,254.00

20,511,243.00 42,994,185.00

12,834,431.00 12,772,304.00

729,555,651.00 259,050,872.00

637,499,865.00 636,268,528.00

24,287,664.00 22,976,684.00

9,829,557,849.00 8,372,771,301.00

12,589,557,660.00 10,821,651,958.00

19,713,912,116.00 17,919,446,707.00
 Particulars
Revenue
Costs of Sales
Gross Profit
Other Operating Income
Other Operating Profit/ (loss)
General and administrative expenses
Sales and marketing/Distributing expenses
Operating Profit/(Loss)
Contribution to workers" profit participation and welfare funds
Finance expenses
Finance Income
Non-operating income and expenses
Other revenues and profits
Share of profit/ (loss) in Associate Company
Profit/ (loss) Before Tax
Income Tax Expense
Currrent Tax
Deferred Tax
Profit/ (loss) for the period
Earnings per share-Basic

Total Purchase

Depreciation

Short-term solvency

Current ratio

Quick ratio
 Cash ratio

Net working capital to total asse

Activity ratios
Total asset turnover

Receivable’s turnover

Average collection period

Payable turnover

Average pay period

Inventory turnover

Days in inventory

Financial leverage ratios

Debt Ratio

Equity multiplier

Interest coverage

Gearing Ratio

Long -term debt to equity ratio

 Cash Coverage ratio

Profitability ratios

Net profit margin

Gross Profit Margin

Operating Profit Margin

Return on assets

Return on equity

Return on Capital Employed (RO

Market value ratios

EPS

Price- Earnings ratio

Market- to -Book ratio

 M.I. Cement Factory Limited Income Statement
Balance (Amount in Taka)
2021 2020
16,315,315,422.00 13,876,211,430.00
14,059,539,138.00 12,267,970,393.00
2,255,776,284.00 1,608,241,037.00
72,361,552.00 (220,212,166.00)

229,377,829.00 252,038,375.00
547,661,405.00 534,608,700.00
1,551,098,602.00 799,581,796.00
50,219,311.00
561,409,223.00 992,407,650.00
52,520,469.00 110,913,521.00
12,395,692.00 36,578,103.00

49,788,657.00 17,114,045.00
1,054,174,886.00 (28,220,185.00)
(194,953,337.00) (104,233,088.00)
(266,117,462.00) (94,370,185.00)
71,164,125.00 (9,862,903.00)
859,221,549.00 (132,453,273.00)
5.79 (0.89)

11,324,329,775 10,939,263,794

4,747,644,265 4,123,557,447

MICEMENT LIMITED

Current ratio

Quick ratio
 Cash ratio

king capital to total assets

otal asset turnover

ceivable’s turnover

rage collection period

Payable turnover

verage pay period

nventory turnover

Days in inventory

Debt Ratio

Equity multiplier

Interest coverage

Gearing Ratio

erm debt to equity ratio

ash Coverage ratio

Net profit margin

ross Profit Margin

rating Profit Margin

Return on assets

Return on equity

Capital Employed (ROCE)

EPS

rice- Earnings ratio

arket- to -Book ratio

Limited Income Statement
Balance (Amount in Taka)
2019 2018
14,628,432,591.00 12,559,311,599.00
12,698,608,615.00 10,915,891,226.00
1,929,823,976.00 1,643,420,373.00
163,507,500.00 147,400,000.00
44,823,643.00 146,550.00
310,036,744.00 307,978,897.00
605,881,338.00 481,551,631.00
1,222,237,037.00 1,001,436,395.00
20,561,259.00 20,511,243.00
1,004,203,672.00 798,271,896.00
213,753,067.00 195,795,104.00

24,187,271.00 31,776,497.00
435,412,444.00 410,224,857.00
(184,262,289.00) (94,612,090.00)
(84,716,866.00) (1,231,336.00)
(99,545,423.00) (93,380,745.00)
251,150,155.00 315,612,767.00
1.69 2.13

11,220,182,758 9,384,755,108

3,376,688,158 2,726,772,230

MICEMENT LIMITED
Formula 2021

Total current assets/

Total current liabilities 1.06

Quick assets/
Total current liabilities 0.85
 Cash /
Current Liabilities 0.02

Net working capital /

Total Assets 0.03

Total Operating Revenues/ Average Total Assets 0.96

Total operating revenues/ Average receivables 5.82

Days in period (i.e.,365)/ Receivable’s turnover 62.70

Total Purchases/
Accounts Payable 16.55

Days in period (i.e.,365)/ Payable turnover 22.05

Cost of goods sold/

Average inventory 8.33

Days in period (i.e.,365)/ Inventory turnover 43.82

Total debt/
Total assets 0.57

Total assets/
Total equity 2.17

Earnings before interest and taxes (EBIT)/ Interest

1.88
expense
(Long-term liabilities) / (Long-term
0.11
liabilities+Equity)

Long term Debt/Equity 0.02

 (Depreciation+EBIT)/
Interest 10.33

Net income/
Total operating revenue 0.05

Gross profit / Total Operating Revenue 0.14

Net Operating profit / Total Operating Revenue 0.10

Net income/
Average total assets 0.05

Net income/
Average shareholders’ equity 0.11

Profit before interest and tax / (Equity+Long Term

0.12
Liabilities)

(Net income- dividends on preferred stock)/

Average outstanding shares 5.79

Market price per share/

current annual earnings per share

Market price per share/

Book value per share
 2017
9,439,820,021.00
7,829,382,292.00
1,610,437,729.00
108,535,500.00

209,406,229.00
399,790,016.00
1,109,776,984.00
42,994,185.00
499,434,000.00
169,175,158.00

58,694,471.00
64,665,276.00
859,883,704.00
(198,804,607.00)

661,079,097.00
4.45

7,093,840,223

2,199,068,595

2020 2019 2018 2017

1.01 1.10 1.15 1.21

0.84 0.96 1.04 1.09

 0.04 0.03 0.44 0.46

0.00 0.05 0.07 0.10

0.73 0.76 0.64 0.53

3.53 4.06 5.24 5.86

103.32 89.80 69.61 62.28

20.72 23.46 48.55 30.31

17.62 15.56 7.52 12.04

6.94 9.78 10.37 7.99

52.60 37.31 35.20 45.70

0.64 0.68 0.71 0.70

2.77 2.69 2.77 2.52

-0.03 0.43 0.51 1.72

0.21 0.25 0.28 0.26

0.12 0.22 0.28 0.26

4.13 3.80 3.93 6.12

-0.01 0.02 0.03 0.07

0.12 0.13 0.13 0.17

0.06 0.08 0.08 0.12

-0.01 0.01 0.02 0.04

-0.02 0.04 0.04 0.09

0.00 0.05 0.04 0.09

-0.89 1.69 2.13 4.45

 M.I. Cement F

Particulars
Cash received from customers

Cash received from other operating income

Cash received from non-operating income
Payment to suppliers
Income tax paid
Cash paid for operating expenses
Other receipts
Cash received from financial activities
Other cash flow from operating activities
Net Cash Generated from Operating Activities
Purchase of property, plant & equipments
Proceeds on Sale of property, plant & quipments
Received from intercompany
Capital Work in Progress
Interest received
Capital expenditure-due from associated companies
Investment in Shares
Encashmnet of short term investment-FDRs
Net Cash Flow from Investing Activities
Paid to sister concerns
Repayment of long term debt
Lease Repayment
Issuance (Repayment) of short-term debt
Dividend paid to equity holders of parent
Dividends Paid-Preference Shares
Paid against Financial exoenses
Increase of IPO application funds due to foreign exchange fluctutation
Net Cash Flow Financing Activities
Foreign currency translation adjustment
Increase (decrease) in Cash
Cash at the beginning of the period
Cash at the end of the period
Cash Flow Per Share
 M.I. Cement Factory Limited Cash Flow Statement
Balance (Amount in Taka)
2021 2020
17,414,121,807.00 13,541,320,928.00
290,175,479.00 221,913,983.00
29,191,128.00 48,089,694.00
(13,357,654,597.00) (12,249,045,546.00)
(397,405,492.00) (403,220,632.00)
(354,921,258.00) (610,900,963.00)

3,623,507,067.00 548,157,464.00
(411,323,388.00) (177,553,021.00)
300,869,614.00 3,451,718.00
(51,648,088.00) 328,563,509.00
(136,305,808.00) (179,884,183.00)
83,243,890.00 99,273,700.00

(10,187,926.00) (6,236.00)
777,882,586.00 411,451,403.00
552,530,881.00 485,296,890.00

(524,613,124.00) (896,383,001.00)
(289,642,806.00) (40,767,572.00)
(2,870,938,115.00) 1,125,783,842.00
(104,731,930.00) (147,693,049.00)

(587,875,237.00) (983,411,400.00)
13,765.00 (7,704.00)
(4,377,787,446.00) (942,478,884.00)

(201,749,498.00) 90,975,470.00
371,748,953.00 280,773,482.00
169,999,455.00 371,748,953.00
24.40 3.69
Cash Flow Statement
Balance (Amount in Taka)
2019 2018
13,620,913,776.00 11,774,909,596.00
188,116,500.00 108,535,500.00
46,432,118.00 18,690,330.00
(12,436,446,397.00) (10,561,599,270.00)
(667,837,442.00) (590,250,408.00)
(484,329,589.00) (702,694,389.00)

154,321,540.00

266,848,967.00 201,912,899.00
(717,628,878.00) (2,449,938,139.00)
2,179,014.00
182,513,919.00
(194,398,943.00) 1,326,896,186.00
264,015,289.00

(212,619.00) 304,494,185.00
2,187,107,864.00
1,723,575,646.00 (818,547,768.00)
447,008,920.00
(429,559,240.00) 657,226,335.00

(311,339,224.00) 1,063,129,364.00
(211,969,126.00) (295,689,019.00)

(952,820,525.00) (798,271,896.00)
10,259.00 62,127.00
(1,915,677,856.00) 1,073,465,831.00
5,146,749.00 2,639,255.00
74,746,758.00 456,830,962.00
206,026,725.00 3,856,614,400.00
285,920,232.00 4,316,084,617.00
1.80 1.36
 2017
8,894,363,062.00

(7,796,280,620.00)
(335,554,400.00)

161,839,962.00
(667,243,023.00)
257,124,981.00
(132,996,285.00)
907,700.00

(2,407,110,288.00)

53,524,266.00
(201,406,395.00)

(2,687,081,002.00)

1,475,423,986.00

1,845,365,012.00

(295,826,592.00)
(421,667,047.00)
(61,052.00)
2,603,234,307.00

173,278,286.00
3,683,336,114.00
3,856,614,400.00
1.73
 Premier Cement Mill

Particulars 2021
Assets
Current Assets
Inventories 1,400,664,085.00
Trade receivables 2,485,703,023.00
Cash and cash equivalents 155,213,174.00
Investment in FDR 158,399,335.00
Current account with sister concern 120,064,838.00
Prepayments 3,620,935,964.00
Total Current Assets 7,940,980,421.00
Non-Current Assets
Property, plant and equipment 9,007,271,708.00
Intangible assets 738,186.00
Right-of-use asset (ROU), net 21,750,698.00
Financial Assets 2,055,793.00
Investments in Associates 123,105,735.00
Capital Work in Progress 9,549,526,026.00
Total Non Current Assets 18,704,448,147.00

Total Assets 26,645,428,568.00

Equity and Liabilities

Current Liabilities and Provisions
Trade payables/Creditors & accruals 666,365,549.00
Short-term debt -
Short Term bank loan 11,782,547,261.00
WPPF & WF 36,014,874.00
Payable for other finance 4,062,545.00
Current portion of term loan& lease finance 8,552,248.00
Current tax liabilities 751,938,739.00
Current portion of long term debt 1,081,407,806.00
Total Current Liability 14,330,889,022.00
Non-Currrent Liabilities
Long Term Debt 2,098,000,448.00
Lease Liability- Long term portion 15,349,336.00
Deferred tax liability 876,059,479.00
Employee benefits 139,148,889.00
Loan from Directors 750,420,000.00
Loan from shareholders -
Deferred liability-Gratuity -
Total Non CURRENT LIABILITIES 3,878,978,152.00
Equity Attributable to the Owners of the
Company
Share capital 1,054,500,000.00
Retained earnings 3,812,563,441.00
Tax holiday reserve -
Revaluation Reserve 3,108,832,875.00
Share Premium 441,835,000.00
Total Shareholder's Equity 8,417,731,316.00
Non-controlling interests 17,830,077.00
Total EQUITY 8,435,561,393.00

Total Equity and Liability 26,645,428,568.00

 Premier Cement Mills Limited Balance Sheet
Balance (Amount in Taka)
2020 2019 2018

968,898,820.00 877,510,398.00 495,177,438.00

2,492,404,124.00 2,220,587,712.00 2,404,625,585.00
142,454,954.00 169,269,065.00 77,432,884.00
146,395,233.00 142,517,994.00 194,812,845.00
108,350,423.00 1,364,425,536.00 731,812,819.00
3,338,925,654.00 3,828,456,068.00 2,760,471,909.00
7,197,429,207.00 8,602,766,773.00 6,664,333,480.00

6,008,764,553.00 6,198,849,459.00 5,962,144,721.00

647,113.00 719,014.00 -
28,715,783.00 - -
1,879,484.00 - -
113,397,634.00 106,497,835.00 70,000,000.00
8,205,324,973.00 3,917,092,896.00 870,701,373.00
14,358,729,541.00 10,223,159,204.00 6,902,846,094.00

21,556,158,748.00 18,825,925,977.00 13,567,179,574.00

1,366,085,960.00 1,756,914,122.00 663,822,817.00

- - 510,420,000.00
9,075,703,997.00 5,618,198,898.00 6,403,871,134.00
14,702,667.00 38,740,612.00 27,326,225.00
3,766,545.00 3,390,472.00 3,240,690.00
7,691,262.00 - -
603,236,444.00 549,204,034.00 389,781,133.00
774,427,492.00 466,008,015.00 374,824,188.00
11,845,614,367.00 8,432,456,153.00 8,373,286,187.00

3,079,655,788.00 2,436,358,890.00 86,213,888.00

21,776,253.00 - -
460,779,528.00 446,204,090.00 408,605,069.00
136,452,062.00 134,818,365.00 138,135,124.00
750,420,000.00 750,420,000.00 -
- - -
- - -
 4,449,083,631.00 3,767,801,345.00 632,954,081.00

1,054,500,000.00 1,054,500,000.00 1,054,500,000.00

3,256,487,345.00 3,083,637,540.00 2,540,747,460.00
- - -
492,313,479.00 501,202,886.00 510,764,343.00
441,835,000.00 441,835,000.00 441,835,000.00
5,245,135,824.00 5,081,175,426.00 4,547,846,803.00
16,324,924.00 14,493,053.00 13,092,504.00
5,261,460,748.00 5,095,668,479.00 4,560,939,307.00

21,556,158,748.00 18,825,925,977.00 13,567,179,574.00

 2017

995,614,178.00
2,399,092,653.00
109,755,023.00
184,527,456.00
-
1,689,044,819.00
5,378,034,129.00

6,905,850,606.00
-
-
-
-
189,547,734.00
7,095,398,340.00

12,473,432,469.00

390,470,587.00
-
4,752,542,474.00
30,810,287.00
73,820,255.00
533,529,278.00
314,235,407.00
-
6,095,408,288.00

919,483,387.00
-
439,794,176.00
-
-
300,000,000.00
120,092,652.00
 1,779,370,215.00

1,054,500,000.00
2,132,558,080.00
909,754.00
662,540,409.00
441,835,000.00
4,292,343,243.00
306,310,722.00
4,598,653,965.00

12,473,432,469.00
 Premier Cement Mills Limited Income Statement
Balance (Amount in T
Particulars 2021 2020
Revenue 12,810,439,280.00 10,460,670,694.00
Costs of Sales 10,885,694,417.00 8,957,636,055.00
Gross Profit 1,924,744,863.00 1,503,034,639.00
Other Operating Income 2,240,782.00 72,606,324.00
General and administrative expenses 116,021,868.00 106,902,579.00
Sales and marketing/ Distribution expenses 410,015,544.00 431,467,249.00
Other expenses - -
Operating Profit/ (loss) 1,400,948,233.00 1,037,271,135.00
Contribution to Workers'' Profit Participat 36,014,874.00 14,702,667.00
Finance Expenses 616,215,149.00 688,697,437.00
Share of profit/ (loss) in Associate Compan 9,708,102.00 6,899,799.00
Profit / (loss) Before Tax 758,426,312.00 340,770,830.00
Income Tax Expense (105,007,842.00) (69,528,562.00)
Current Tax (149,202,295.00) (54,953,123.00)
Deferred Tax 44,194,453.00 (14,575,439.00)

Profit / (loss) for the Period 653,418,470.00 271,242,268.00

Earnings Per Share - Basic 6.18 2.55

Mills Limited Income Statement
Balance (Amount in Taka)
2019 2018 2017
11,999,430,660.00 10,049,865,124.00 10,332,898,832.00
10,287,601,525.00 8,532,980,778.00 8,634,603,931.00
1,711,829,135.00 1,516,884,346.00 1,698,294,901.00
115,361,527.00 12,835,605.00 -
124,119,368.00 107,034,888.00 127,666,122.00
419,346,554.00 418,729,374.00 403,260,975.00
- - 144,141,271.00
1,283,724,740.00 1,003,955,689.00 1,023,226,534.00
38,740,612.00 27,326,225.00 30,810,287.00
444,280,867.00 398,173,510.00 330,030,294.00
9,122,706.00 - -
809,825,967.00 578,455,954.00 662,385,953.00
(197,021,922.00) (136,273,323.00) (100,376,642.00)
(159,422,901.00) (102,397,893.00) -
(37,599,021.00) (33,875,430.00) -

612,804,045.00 442,182,631.00 562,009,311.00

5.81 4.19 5.17

 Premier Cement Mills Limited Cash Flow St
Bala
Particulars 2021
Cash received from customers 12,891,435,446.00
Payment to suppliers (10,746,136,380.00)
Payment to employees (413,523,906.00)
Income tax paid (349,586,095.00)
Interest Paid (605,065,385.00)
Dividend Paid (105,475,005.00)
Other receipts (5,735,033.00)
Other payments -
Advance Income Tax Refund -
Other Cash flow from operating activities -
Net Cash Generated from Operating Actvities 665,913,642.00
Purchase of Property, Plant & Equipment (215,360,007.00)
Proceeds on Sale of Property, Plant & Equipment 4,788,246.00
Capital Work in Progress (1,355,571,302.00)
Capital expenditure-due from associated companies (5,740,289.00)
Investment in FDR (12,004,103.00)
Net Cash Flow from Investing Activities (1,583,887,455.00)
Issuance of long term debt (435,564,051.00)
Repayment of Long term debt -
Lease Repayment (239,110,976.00)
Issuance (Repayment) of short-term debts 1,605,111,060.00
Loan from Director -
Long term loan & lease finance -
Other finance 296,000.00
Net Cash Flow Financing Activities 930,732,033.00
Increase (decrease) in Cash 12,758,220.00
Cash at the begning of the period 142,454,953.00
Cash at the end of the period 155,213,173.00
Cash Flow Per share 6.31
mier Cement Mills Limited Cash Flow Statement
Balance (Amount in Taka)
2020 2019 2018
10,264,948,552.00 12,244,950,544.00 9,762,979,193.00
(7,966,706,206.00) (10,525,651,769.00) (7,677,963,183.00)
(411,148,927.00) (379,148,702.00) (370,835,659.00)
(340,436,609.00) (457,671,361.00) (366,140,083.00)
(672,753,270.00) (421,418,145.00) (394,278,753.00)
(179,539,619.00) (31,181,758.00) (210,698,034.00)
42,363,041.00 27,742,615.00 -
- - (17,711,724.00)
- 180,819,064.00 -
- - -
736,726,962.00 638,440,488.00 725,351,757.00
(124,093,682.00) (589,846,765.00) (963,565,659.00)
5,072,836.00 1,307,195.00 6,096,000.00
(3,017,973,901.00) (3,428,126,369.00) (829,329,383.00)
(12,931,099.00) (556,716,491.00) (326,977,459.00)
(3,877,239.00) 52,294,851.00 (10,285,389.00)
(3,153,803,085.00) (4,521,087,579.00) (2,124,061,890.00)
491,048,842.00 1,846,770,946.00 -
- - (296,406,361.00)
(130,035,991.00) 585,912,866.00 (53,913,526.00)
3,558,873,087.00 (228,350,322.00) 1,213,776,351.00
(1,530,000,000.00) 1,770,000,000.00 510,420,000.00
- - -
376,073.00 149,782.00 -
2,390,262,011.00 3,974,483,272.00 1,373,876,464.00
(26,814,112.00) 91,836,181.00 (24,833,669.00)
169,269,065.00 77,432,884.00 102,266,553.00
142,454,953.00 169,269,065.00 77,432,884.00
6.99 6.05 6.88
 2017
9,829,879,336.00
(8,355,729,950.00)
-
(148,930,382.00)
(335,375,848.00)
-
(142,661,853.00)
-
-
(158,625,087.00)
688,556,217.00
(887,221,581.00)
-
(168,297,789.00)
-
22,467,043.00
(1,033,052,327.00)
-
(601,664,343.00)
(59,123,501.00)
905,817,707.00
-
-
898,072.00
245,927,935.00
(98,568,175.00)
208,323,198.00
109,755,023.00
6.53