Annual Report 2014 of International Leasing and Financial Services Limited

It is a broadly described annual report of International Leasing & Financial Services Limited in the year of 2014. During the year under review, your company deposited Tk.143.56 million to the Government Exchequer as Corporate Income Tax. In the year 2014, the company posted a net profit of Tk.110.72 million against Tk.107.01 million in the year 2013 registering a growth of 3.47 percent. On the consolidated basis, the net profit of the company stood at Tk.125.98 million in the year 2014 against net profit of Tk.116.75 million in the year 2013 registering a growth of 7.91 percent. The shares were listed in Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited on 16^th September 2007 and traded at Taka 13.50 each at Dhaka Stock Exchange Limited and Taka 13.60 each at Chittagong Stock Exchange Limited at the end of the year 2014.

The Board of Directors at their 172^nd meeting held on April 07^th, 2015 recommended to the shareholders, @5% cash dividend amounting to Tk. 85,539,300 (i.e. Take 0.50 for every 1 fully paid share held at the record date) subject to the approval of the shareholders at the 19^th Annual General Meeting (AGM) scheduled to be held on May 07^th, 2015. 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.

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