It is a broadly described annual report of Dhaka Electric Supply Company Limited (DESCO) in the year of 2008. During the financial year, The Company’s gross fixed assets, including capital works in progress, increased from Tk.8,772 million in 2006.07 to Tk.9,626 million this year, registering a growth of 10%, while the shareholder’s equity increased from Tk.3,788 million to Tk.4,470 million, recording a growth of 18%. Total Revenue from Operation Taka. 9,189,386,688 million. Operating Profit Taka. 1,752,184,549 million. Net Profit after Tax for the year Taka. 1,000,831,565 million. Considering sales at Tk.9,103 million and collection at Tk.9,108 million, the billing collection ratio works out at 101.05%. The Collection/ Import (C.I.) ratio is 90.03% this year.
Based on the performance of the Company, the Board of Directors recommends @25% cash dividend and @5% stock dividend (i.e. 5 bonus shares for every 100 shares held), for the financial year 2007-08. 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
