It is a broadly described directors report of Dutch-Bangla Bank Limited in the year of 2005. The gross income of the Bank increased to Taka. 3,434.73 million in 2005 as against Taka. 2,366.92 million in 2004, an increase of 45.11%. The gross expenditure of the Bank stood at Taka. 2,495.15 million in 2005 as against Taka. 1,734.50 million in 2004, an increase of 43.85%. The operating profit for the year 2005 was Taka. 939.58 million as against Taka. 632.41 million in 2004, an increase of Taka. 307.17 million or 48.57% over 2004. While net profit (before tax) for 2005 stood at Taka. 687.82 million against Taka. 499.02 million in 2004, an increase of Taka. 188.80 million or 37.83% over 2004. Taka. 137.56 million had been transferred to Statutory Reserve, thereby raising it to Taka. 490.46 million in 2005 from Taka. 352.90 million in 2004. The closing price of DBBL’s share at the end of 2005 was Taka. 2,187.50 per share of Taka.100 each with a high of Taka. 2400.00 and a low of Taka. 1400.00.
The board of directors recommended cash dividend of Tk. @ 25.00 per ordinary share of Tk.100 each for the year 2005. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is both functional currency and presentation currency of the Company.
More Directors Report of Dutch-Bangla Bank Limited:
- Directors Report 2004 of Dutch-Bangla Bank Limited
- Directors Report 2005 of Dutch-Bangla Bank Limited
- Directors Report 2006 of Dutch-Bangla Bank Limited
- Directors Report 2007 of Dutch-Bangla Bank Limited
- Directors Report 2008 of Dutch-Bangla Bank Limited
- Directors Report 2009 of Dutch-Bangla Bank Limited
- Directors Report 2010 of Dutch-Bangla Bank Limited
- Directors Report 2011 of Dutch-Bangla Bank Limited
