1.
SUBMITTED BY:
FINANCE & ACCOUNTS DEPARTMENT
Group Income & Expenses Statement
For the period from January 2020 to December 2020
And
from January 2021 to March 2021
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2.
MG Income & Expenses for the Period
from January 2020 to Dec 2020
Mahmud Group
For the period from 1 January 2020 to 30 December 2020
Ratio Analysis:
Sales:
Sales-Export 9,730,279,149.23
Sales-Local 1,775,657,777.79
Sales-Sub-Contact 464,049,339.49
11,969,986,266.51
Gross Profit Margin 648,584,033.28 1.54%
Direct Expense on Sales
Cost of Goods Sold 7,864,429,254 65.70%
Factory Overhead- Salary and Others 3,456,972,979 28.88%
11,321,402,233.23 94.58%
Return on Sales
NPBT (839,588,563)
÷ Sales 11,969,986,266.51
= Return on Sales -7.01%
Indirect Expenses on Sales
Administrative Expenses 333,376,025.87 2.79%
Financial Expenses 1,564,039,498.96 13.07%
Selling & Distribution Expenses 339,781,330.97 2.84%
2,237,196,855.80 18.69%
Net Profit Margin
NPAT (878,810,852)
÷ Sales 11,969,986,266.51
= Net Profit Margin -7.34%
Total (%) Coverage
PARTICULAR
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3.
Textile Income & Expenses for the Period from January 2020 to Dec 2020
Mahmud Group
For the period from 1 January 2020 to 30 December 2020
Ratio Analysis:
Sales:
Sales-Export 3,134,520,427.80 - 812,361,043.99 630,998,206.03 84,417,271.00 4,662,296,948.82
Sales-Local 149,993,678.85 - 9,491,303.50 (64,367.00) 1,559,084,856.62 1,718,505,471.97
Sales-Sub-Contact 18,307.00 120,894,151.11 66,956,525.18 19,907,903.00 - 207,776,886.29
3,284,532,413.65 120,894,151.11 888,808,872.67 650,841,742.03 1,643,502,127.62 6,588,579,307.08
Gross Profit Margin (232,203,437.95) -7.07% 178,562,495.85 47.70% 676,611,932.66 68.59% (208,713,069.98) -35.13% 179,834,147.49 10.94% 594,092,065.07 5.86%
Direct Expense on Sales
Cost of Goods Sold 2,970,884,380 90.45% (206,503,352) -170.81% 26,587,212 2.99% 620,916,419 95.40% 1,204,543,577 73.29% 4,616,428,237 70.07%
Factory Overhead- Salary and Others 545,851,471 16.62% 148,835,007 123.11% 185,609,728 20.88% 238,638,393 36.67% 259,124,403 15.77% 1,378,059,005 20.92%
3,516,735,851.60 107.07% (57,668,344.74) -47.70% 212,196,940.01 23.87% 859,554,812.01 132.07% 1,463,667,980.13 89.06% 5,994,487,242.01 90.98%
Return on Sales
NPBT (375,662,149) (92,546,171) 619,643,196 (372,541,896) 24,338,466 (196,768,557)
÷ Sales 3,284,532,413.65 120,894,151.11 888,808,872.67 650,841,742.03 1,643,502,127.62 6,588,579,307.08
= Return on Sales -11.44% -76.55% 69.72% -57.24% 1.48% -2.99%
Indirect Expenses on Sales
Administrative Expenses 107,443,828.59 3.27% 40,588,290.00 33.57% 15,893,621.00 1.79% 15,435,076.00 2.37% 38,204,919.00 2.32% 217,565,734.59 3.30%
Financial Expenses 279,677,164.37 8.51% 280,794,885.00 232.27% 79,680,443.25 8.96% 173,079,824.85 26.59% 129,830,956.24 7.90% 943,063,273.71 14.31%
Selling & Distribution Expenses 72,418,445.39 2.20% 2,852,221.00 2.36% 11,907,520.51 1.34% 18,749,578.66 2.88% 2,987,428.27 0.18% 108,915,193.83 1.65%
459,539,438.35 13.99% 324,235,396.00 268.20% 107,481,584.76 12.09% 207,264,479.51 31.85% 171,023,303.51 10.41% 1,269,544,202.13 19.27%
Net Profit Margin
NPAT (388,047,637) (92,546,171) 616,330,745 (375,098,881) 23,694,958 (215,666,988)
÷ Sales 3,284,532,413.65 120,894,151.11 888,808,872.67 650,841,742.03 1,643,502,127.62 6,588,579,307.08
= Net Profit Margin -11.81% -76.55% 69.34% -57.63% 1.44% -3.27%
PARTICULAR TOTAL MDL (%) Coverage
(%) Coverage
(%) Coverage
(%) Coverage
(%) Coverage
(%) Coverage
MDL MRDL MWDL MIL MSL
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4.
Garments Income & Expenses for the Period from January 2020 to Dec 2020
Ratio Analysis:
Sales:
Sales-Export 4,159,110,035.88 131,440,694.86 777,431,469.67
Sales-Local 3,446,870.42 53,705,435.40 -
Sales-Sub-Contact 2,813,811.00 - 253,458,642.20
4,165,370,717.30 185,146,130.26 1,030,890,111.87
Gross Profit Margin 316,548,076.59 7.53% (48,561,983.26) -26.23% (213,494,125.12) -45.30%
Direct Expense on Sales
Cost of Goods Sold 2,599,681,097 62.41% 69,703,546 37.65% 578,616,375 56.13%
Factory Overhead- Salary and Others 1,249,141,544 29.99% 164,004,568 88.58% 665,767,862 64.58%
3,848,822,640.71 92.40% 233,708,113.52 126.23% 1,244,384,236.99 120.71%
Return on Sales
NPBT 16,850,999 (88,515,685) (571,155,321)
÷ Sales 4,165,370,717.30 185,146,130.26 1,030,890,111.87
= Return on Sales 0.40% -47.81% -55.40%
Indirect Expenses on Sales
Administrative Expenses 47,967,128.3 1.15% 4,408,644 2.38% 63,434,519 6.15%
Financial Expenses 178,133,748.2 4.28% 41,811,864 22.58% 401,030,613 38.90%
Selling & Distribution Expenses 217,461,956.5 5.22% 186,957 0.10% 13,217,224 1.28%
443,562,833 10.65% 46,407,465 25.07% 477,682,356 46.34%
Net Profit Margin
NPAT 104,252 (89,224,190) (574,023,926)
÷ Sales 4,165,370,717 185,146,130 1,030,890,112
= Net Profit Margin 0.003% -48.19% -55.68%
MWPL
PARTICULAR MJL (%) Coverage (%) Coverage MFL&WASH (%) Coverage
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Ratio Analysis:
Sales:
Sales-Export 2,846,042,685 2,194,717,853.0
Sales-Local 430,550,550 675,752,879.6
Sales-Sub-Contact 106,794,134 241,506,492.8
3,383,387,369 3,111,977,225
Gross Profit Margin 253,702,273 7.50% (38,815,375) -1.25%
Direct Expense on Sales
Cost of Goods Sold 2,199,091,184 65.00% 2,070,310,700 66.53%
Factory Overhead- Salary and Others 930,593,912 27.50% 1,080,481,900 34.72%
3,129,685,096 92.50% 3,150,792,600 101.25%
Return on Sales
NPBT (105,572,077) (374,265,280)
÷ Sales 3,383,387,369 3,111,977,225
= Return on Sales -3.12% -12.03%
Indirect Expenses on Sales
Administrative Expenses 75,136,295 2.22% 91,680,298 2.95%
Financial Expenses 434,569,706 12.84% 366,947,349 11.79%
Selling & Distribution Expenses 92,205,334 2.73% 70,920,674 2.28%
601,911,335 17.79% 529,548,321 17.02%
Net Profit Margin
NPAT (114,205,050) (385,600,467)
÷ Sales 3,383,387,369 3,111,977,225
= Net Profit Margin -3.38% -12.39%
% Coverage Total 2021 (%) Coverage
Mahmud Group
Comparison of Income Statement
For the period from 1 Jan 2020 to 31 March 2020 & 1 Jan 2021 to 31 March 2021
Total 2020
PARTICULAR
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6.
Mahmud Group
For the period from 1 January 2021 to 31 March 2021
Ratio Analysis:
Sales:
Sales-Export 2,194,717,852.98
Sales-Local 675,752,879.60
Sales-Sub-Contact 241,506,492.78
3,111,977,225.36
Gross Profit Margin (38,815,375.06) -1.25%
Direct Expense on Sales
Cost of Goods Sold 2,070,310,699.98 66.53%
Factory Overhead- Salary and Others 1,080,481,900.44 34.72%
3,150,792,600.42 101.25%
Return on Sales
NPBT (374,265,280.01)
÷ Sales 3,111,977,225
= Return on Sales -12.03%
Indirect Expenses on Sales
Administrative Expenses 91,680,298.30 2.95%
Financial Expenses 366,947,348.73 11.79%
Selling & Distribution Expenses 70,920,674.06 2.28%
529,548,321.09 17.02%
Net Profit Margin
NPAT (385,600,467.11)
÷ Sales 3,111,977,225
= Net Profit Margin -12.39%
PARTICULAR Total MG (%) Coverage
MG Income & Expenses for the Period
from January 2021 to March 2021
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7.
Textile Income & Expenses for the Period from January 2021 to March 2021
Mahmud Group (Textile)
For the period from 1 January 2021 to 31 March 2021
Ratio Analysis:
Sales:
Sales-Export 809,518,530.29 - 177,268,909.20 16,393,558.65 164,068,081.00 1,167,249,079.14
Sales-Local 81,360,318.01 - - 543,323,466.47 3,663,533.00 628,347,317.48
Sales-Sub-Contact - 68,812,614.80 13,300,147.00 - 44,229,186.00 113,627,199.80
890,878,848.30 68,812,614.80 190,569,056.20 559,717,025.12 211,960,800.00 1,909,223,596.42
Gross Profit Margin (185,786,709.03) -20.85% 90,443,617.31 131.43% (8,212,244.80) -4.31% 124,394,718.03 22.22% 167,816,312.32 79.17% 27,024,597.55
Direct Expense on Sales
Cost of Goods Sold 860,793,464.00 96.62% (72,321,284.00) -105.10% 130,272,272.00 68.36% 364,358,570.93 0.6510 (47,766,789.39) -22.54% 1,384,252,581.82
Factory Overhead- Salary and Others 215,872,093.33 24.23% 50,690,281.49 73.66% 68,509,029.00 35.95% 70,963,736.16 0.1268 91,911,277.07 43.36% 497,946,417.05
1,076,665,557.33 120.85% (21,631,002.51) -31.43% 198,781,301.00 104.31% 435,322,307.09 0.7778 44,144,487.68 20.83% 1,882,198,998.87
Return on Sales
NPBT (169,104,708) (0.19) 32,996,657.11 0.48 (59,549,434.39) (0.31) 39,408,605.29 0.07 151,785,520.16 0.72 (146,105,862.32)
÷ Sales 890,878,848 68,812,615 190,569,056 559,717,025 211,960,800 1,909,223,596
= Return on Sales -18.98% 47.95% -31.25% 7.04% 71.61% -7.65%
Indirect Expenses on Sales
Administrative Expenses 30,700,917.39 3.45% 11,826,023.00 17.19% 9,537,949.51 5.00% 14,233,495.00 2.54% 4,174,240.00 1.97% 62,964,582.90
Financial Expenses 38,622,141.84 4.34% 45,946,814.53 66.77% 43,435,786.06 22.79% 75,002,151.20 13.40% 19,211,042.82 9.06% 222,217,936.45
Selling & Distribution Expenses 25,658,917.99 2.88% 786,266.00 1.14% 5,726,692.81 3.01% 599,012.86 0.11% 2,265,260.34 1.07% 35,036,150.00
94,981,977.22 10.66% 58,559,103.53 85.10% 58,700,428.38 30.80% 89,834,659.06 16.05% 25,650,543.16 12.10% 320,218,669.35
Net Profit Margin
NPAT (173,152,596.58) (0.19) 32,996,657.11 0.48 (60,435,779.35) (0.32) 38,853,786.29 0.07 150,965,180.10 0.71 (152,415,254.50)
÷ Sales 890,878,848 68,812,615 190,569,056 559,717,025 211,960,800 1,909,223,596
= Net Profit Margin -19.44% 47.95% -31.71% 6.94% 71.22% -7.98%
PARTICULAR TOTAL MDL
MDL MRDL MIL MSL MWDL (%) Coverage
(%) Coverage
(%) Coverage
(%) Coverage
(%) Coverage
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8.
Garments Income & Expenses for the Period from January 2021 to March 2021
Mahmud Group (Garments)
For the period from 1 January 2021 to 31 March 2021
Ratio Analysis:
Sales:
Sales-Export 503,337,622.18 - 524,131,151.66 2,194,717,852.98
Sales-Local 24,428.04 47,381,134.08 - 675,752,879.60
Sales-Sub-Contact 78,489,805.60 - 49,389,487.38 241,506,492.78
581,851,855.82 47,381,134.08 573,520,639.04 3,111,977,225.36
Gross Profit Margin 25,245,323.14 -9.15% (17,029,335.29) -35.94% (74,055,960.46) -12.91% (38,815,375.06) -1.25%
Direct Expense on Sales
Cost of Goods Sold 313,839,965.35 53.94% 16,242,820.00 34.28% 355,975,332.81 62.07% 2,070,310,699.98 66.53%
Factory Overhead- Salary and Others 242,766,567.33 41.72% 48,167,649.37 101.66% 291,601,266.69 50.84% 1,080,481,900.44 34.72%
556,606,532.68 95.66% 64,410,469.37 135.94% 647,576,599.50 112.91% 3,150,792,600.42 101.25%
Return on Sales
NPBT (27,875,561.25) (28,953,226.80) (171,330,629.64) (374,265,280.01)
÷ Sales 581,851,856 47,381,134 573,520,639 3,111,977,225
= Return on Sales -4.79% -61.11% -29.87% -12.03%
Indirect Expenses on Sales
Administrative Expenses 9,252,053.40 1.59% 749,406.00 1.58% 18,714,256.00 3.26% 91,680,298.30 2.95%
Financial Expenses 40,077,658.24 6.89% 11,247,048.20 23.74% 93,404,705.84 16.29% 366,947,348.73 11.79%
Selling & Distribution Expenses 26,617,917.36 4.57% 91,700.40 0.19% 9,174,906.30 1.60% 70,920,674.06 2.28%
75,947,629.00 13.05% 12,088,154.60 25.51% 121,293,868.14 21.15% 529,548,321.09 17.02%
Net Profit Margin
NPAT (30,366,012.94) (29,053,483.35) (173,765,716.32) (385,600,467.11)
÷ Sales 581,851,856 47,381,134 573,520,639 3,111,977,225
= Net Profit Margin -5.22% -61.32% -30.30% -12.39%
(%) Coverage MFL&WASH (%) Coverage Total MG (%) Coverage
MWPL
PARTICULAR MJL (%) Coverage
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