It is a broadly described annual report of Dhaka Electric Supply Company Limited (DESCO) in the year of 2007. During the financial year, The Company’s fixed assets, including capital works in progress, increased from Tk.7332 million in 200506 to Tk.8772 million this year, registering a growth of 20%, while the shareholder’s equity increased from Tk.3250 million to Tk.3790 million, recording a growth of 16.65%. Total Revenue from Operation Taka. 7,381,279,238 million. Operating Profit Taka. 1,282,202,314 million. Net Profit after Tax for the year Taka. 711,078,330 million. Considering sales at Tk.7219 million and collection at Tk.7697 million, the billing collection ratio works out at 104.40% as against 99% in previous year. The Collection/ Import (CI) ratio also improved from 83.06% to 90.37% this year.
Based on the performance of the Company, the Board of Directors recommends cash dividend of Tk. 25/- per share for the FY 2006-07. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Dhaka Electric Supply Company Limited (DESCO):
- Annual Report 2007 of Dhaka Electric Supply Company Limited
- Annual Report 2008 of Dhaka Electric Supply Company Limited
- Annual Report 2009 of Dhaka Electric Supply Company Limited
- Annual Report 2010 of Dhaka Electric Supply Company Limited
- Annual Report 2011 of Dhaka Electric Supply Company Limited
- Annual Report 2012 of Dhaka Electric Supply Company Limited
- Annual Report 2013 of Dhaka Electric Supply Company Limited
- Annual Report 2014 of Dhaka Electric Supply Company Limited
- Annual Report 2015 of Dhaka Electric Supply Company Limited
- Annual Report 2016 of Dhaka Electric Supply Company Limited
- Annual Report 2017 of Dhaka Electric Supply Company Limited
