It is a broadly described annual report of FAS Finance & Investment Limited in the year of 2014. During the year the company has deposited an amount of Tk. 37.21 million to the Govt. exchequer as the corporate tax of the company. During the financial year, The Company’s operating income increased by 38.27% to Tk. 271.50 million compared to Tk. 196.35 million of last year. Profit before taxation Increased by 286.80% to Tk. 177.88 million compared to Tk. 45.99 million of last year. Net profit is also strengthened by 472.35% to Tk. 108.19 million. The total asset also grew by 58.09% to Tk. 7,449.90 million in 2014 compared to Tk. 4,712.31 million in 2013. Investment in loans, advances & leases is increased by 67.95% to Tk. 5,845.52 million in 2014 compared to Tk. 3,480.61 million in 2013. The Company was able to grow term deposit from individuals and institutions by 139.62% over the previous year to the tune of Tk. 2,999.10 million.
The Board of Directors has proposed Cash Dividend @ 10.00% for the year ended on 31st December 2014. 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 FAS Finance & Investment Limited:
- Annual Report 2009 of FAS Finance and Investment Limited
- Annual Report 2010 of FAS Finance and Investment Limited
- Annual Report 2011 of FAS Finance and Investment Limited
- Annual Report 2012 of FAS Finance and Investment Limited
- Annual Report 2013 of FAS Finance and Investment Limited
- Annual Report 2014 of FAS Finance and Investment Limited
- Annual Report 2015 of FAS Finance and Investment Limited
- Annual Report 2016 of FAS Finance and Investment Limited
