9~cb-&)t ch,daccountants ~-1%f' ~ ~ 1,f

"lllCi1<fS Pt~~ '€~, 15~ ~<fSl\9~Cb-&)t CH,DACCOUNTANTS ~-1%f' ~ ~ l!)a,m, 1,f<!ST-~QQQ

Malek Siddiqui Wali CHARTERED ACCOUNTANTS 9-G, Motijheel C/A, 2nd Floor, Dhaka-1000, Bangladesh. Extension Office : Property Heights, i= Floor

12, R.K. Mission Road, Dhaka-1000.

PHONE: 9513471, 9569867 PABX: 9576118-9, 9576128 FAX: +88-02-9516236 Email: [email protected] Web: www.msw-bd.com

Independent Auditor's Report To The Trustee of ICB AMCL Converted First Unit Fund

Report on the Audit of the Financial Statements

Qualified Opinion:

We have audited the financial statements of !CB Converted First Unit Fund, which comprise the Statement of Financial Position as at June 30, 2021, the Statement of Profit or Loss and Other Comprehensive Income, Statement of Changes in Equity and Statement of Cash Flows for the year then ended and notes to the financial statements, including a summary of significant accounting policies.

In our opinion, except the effect described in the Basis for Qualified Opinion paragraph, the accompanying financial statements present fairly, in all material respects, the financial position of the fund as at June 30, 2021, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRSs), Bangladesh Securities and Exchange Commission Mutual Fund Bidhimala (Rules), 2001 and other applicable laws and regulations.

Basis for Qualified Opinion:

1. The Rules 67 of Bangladesh Securities and Exchange Commission Mutual Fund Bidhimala (Rules), 2001 requires to maintain provision as a result of diminution losses for investments by charging against the profit for the year. The fund did not provide any provision in respect of diminution of shortfall of losses of investment during the year. The short fall of provision is stood of TK. 28,745,544. If the whole provision is charged to profit or loss statements than profit for the year will turn into loss of (Tk. 15,725,498) and negative EPU (Tk. 0.45) instated of current disclosed profit TK. 13,020,046 and EPU TK. 0.37.

2. According to the accounting policies of the fund, the whole unrealised loss of investment of TK. 88,924,102 is recognised through the Other Comprehensive Income. On the other hand, part of such unrealised loss (TK. 60.178.558 out of total unrealised loss of TK. 88,924,102) has also been recognised as provision. As such, net asset value has been understated by that amount (Tk. 60,178,558).

3. The Fund recognize Premium on sale of units as its operating income, based on nature of its operation, premium on units sale should be part of equity.

4. The Note no. 2.02.01 of these financial statements which describes that the Fund recognizes the Fair Value loss of investment in securities in the Other Comprehensive Income. However, the nature of the investment suggests that the said investment shall be fallen in the category of "Fair value through Profit and Loss" as per paragraph 4.1.2A and 4.1.4 of IFRS 09 and both the fair value gain/ (loss) should be shown in profit or loss statement.

We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are independent of both the Fund and Asset Management Company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) together with the ethical requirements that are relevant to our audit of the financial statements in Bangladesh, and we have fulfilled our other ethical responsibilities in

Associated firm of Reddy Siddiqui LLP, Chartered Accountants & Business Advisors, Park View, 183-189 The Vale, London, W3 7RW, UK E-mail : [email protected], Website: www.reddysidiqui.com

CHARTERED ACCOUNTANTS

"' accordance with the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our Qualified opinion.

Responsibilities of Management and Those Charged with Governance for the Financial Statements and Internal Controls:

Management is responsible for the preparation and fair presentation of the financial statements in accordance with IFRSs, Bangladesh Securities and Exchange Commission Mutual Fund Bidhimala (Rules), 2001 and other applicable laws and regulations and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Fund's ability to continue as a going concern, disclosing, as applicable matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Fund or to cease operations or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Fund's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Statements:

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

o Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.

D Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.

D Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

D Conclude on the appropriateness of management's use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Fund's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Fund to cease to continue as a going concern.

D Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.


" Report on other Legal and Regulatory Requirements:

In accordance with the Bangladesh Securities and Exchange Commission Mutual Fund Bidhimala (Rules), 2001, we also report that:

a) We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit and made due verification thereof;

b) In our opinion, proper books of accounts, records and other statutory books as required by law have been kept by the Fund so far as it appeared from our examinations of those books;

c) The Statement of Financial Position and Statement of profit and loss and other comprehensive Income of the Fund dealt with by the report are in agreement with the books of account and

returns; and d) The investment was made both as per Rule 56 and Fifth (5th) Schedule of Bangladesh Securities

and Exchange Commission Mutual Fund Bidhimala (Rules), 2001.

Dated, Dhaka August 11, 2021 Data Verification Code (DVC) No.

Malek Siddiqui Wali,

Chartered Accountants

~lFCA Enrolment No: 0247

2109020247AS983349

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Financial Position

As at June 30, 2021 As at June 30,

2021 As at June 30,

2020 As at June 30,

2019 Particulars Notes Taka Taka Taka

Assets Marketable Investments - at Market (Re-stated) Cash & Cash Equivalents Other current assets Deferred revenue expenditure

Total Assets

3.00 370,097,018 245,337,271 350,454,310 4.00 18,357,939 13,494,018 14,508,700 5.00 3,835,861 3,259,592 1,823,054

362,550 392,290,818 262,090,881 367,148,614

Equity and Liabilities Equity: Unit capital Unit premium reserve Retained earnings Unrealized gain/ (losses) on investments Total Equity

Liabilities

Provision for unrealized losses on Marketable Investments 10.00

Curent Liability 11.00 Total Liabilities

6.00 347,206,080 348,069,620 361,466,470 7.00 15,313,758 15,467,685 15,496,908 8.00 37,841,900 38,744,639 43,572,840 9.00 (88,924,102) (204,735,943) (118,577,074)

311,437,636 197,546,001 301,959,144

60,178,558 43,678,558 42,678,558

20,674,623 20,866,322 22,510,912 80,853,181 64,544,880 65,189,470

392,290,818 262,090,881 367,148,6141

13.26 12.81 12.81 10.70 6.93 9.53

Total Equity and Liabilities

Net Asset Value (NAV) per unit At cost 12.00 At market price 13.00 The annexed es from 1 to 22 form an integral part of these Financial Statements.

Asset ager ICB Asset Management Company Limited

ta ments we approvec by the Board of trustees on July 29, 2021 and were signed on rbehalf--.by. w Investment Corporation of Bangladesh

/~ ~ddiqui Wali

Chartered Accountants

The financial

Signed in terms of our separate report of even date.

Dated, Dhaka August 11,2021

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Profit or Loss and Other Comprehensive Income

For the year ended June 30, 2021 ended June For the year ended

s 30,2021 June 30, 2020 Particulars Notes Taka Taka

Income Profit on sale of investments (Annexure-D) 23,155,029 9,262,804 Dividend from investment in securities (Annexure-A) 12,000,857 9,940,778 Interest on bank deposits and bonds 14.00 1,634,513 1,928,553 Premium on sale of units 227,035 553,660 Other income 6 Total income 37,017,434 21,685,801

Expenses Management fee 6,062,966 5,512,423 Trustee fee 304,198 267,495 Custodian fee 304,775 274,326 Annual BSEC fee 371,616 241,225 Audit fee 23,000 23,000 Commission to agents 5,818 6,064 Other operating expenses 15.00 425,015 406,462 Preliminary expenses written off 362,550

7,497,388 7,093,545 Profit before provision 29,520,046 14,592,256 Provision for marketable investments 10.00 16,500,000 1,000,000 Net Income for the year 13,020,046 13,592,256

Other comprehensive income/ (loss) for the year Unrealized gain/ (losses) on investments 16.00 115,811,841 (86,158,869) Total comprehensive income/ (loss) for the year 128,831,887 (72,566,613)

Earnings Per Unit 17.00 0.37 0.39

The annexed notes from 1 to 2 orm an integral part of these Financial Statements.

nager ICB Asset Management Company Limited

aoard of trustees on July 29, 2021 and were signre-it1ehalf by

~

Signed in terms of our separate report of even date.

Investment Corporation of Bangladesh

~

~~iWali Chartered Accountants


Particulars

Balance as at July 01, 2020 Unit Capital Unit Premium reserve Unrealized gain/ (losses) on investments Dividend paid for FY 2019-2020 Net Income for the year Balance as at June 30, 2021

Particulars

Balance as at July 01, 2019 Prior year error adjustment Restated Opening balance Unit Capital Unit Premium reserve Unrealized gain/ (losses) on investments Dividend paid for FY 2018-2019 Net Income for the year Balance as at June 30, 2020

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Changes in Equity For the year ended June 30, 2021

Amount in BOT

Unit Premium Unrealized gain/ Retained Unit Capital reserve (losses) on Earnings Total Equity investments

348,069,620 15,467,685 (204,735,943) 38,744,639 197,546,001 (863,540) (863,540)

(153,927) (153,927) 115,811,841 115,811,841

(13,922,785) (13,922,785) 13,020,046 13,020,046

347,206,080 15,313,758 {88,924,102) 37,841,900 311,437,636

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Changes in Equity For the year ended June 30, 2020

Amount in BOT

Unit Premium Unrealized gain/ Retained Unit Capital reserve (losses) on Earnings Total Equity investments

361,466,470 15,496,908 43,572,840 420,536,218 (118,577,074) (347,133) (118,924,207)

361,466,470 15,496,908 (118,577,074) 43,225,707 301,612,011 (13,396,850) (13,396,850)

(29,223) (29,223) (86,158,869) (86,158,869)

(18,073,324) (18,073,324) 13,592,256 13,592,256

348,069,620 15,467,685 {204,735,943) 38,744,639 197,546,001

The tinancial statements wer a proved by e Board of trustees on July 29, 2021 and were signed on its b?alfoy\

Asset ager ~ ICB Asset Management Company Limited Investment Corporation of Bangladesh

~

11r.:£w.i; Signed in terms of our separate report of even date.

Dated, Dhaka August 11,2021 Chartered Accountants

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Cash Flow

For the year ended June 30, 2021

For the year ended For the year ended June 30, 2021 June 30, 2020 Particulars Notes Taka Taka

A. Cash flow from operating activities Uividend from investment in shares 11,809,099 10,217,265 Interest on bank deposits and bonds 1,240,513 2,379,553 Premium income on unit sold 227,035 553,660 Others income 6 Expenses (7,228,989~ (10,826,383) Net cash inflow/(outflow) from operating activities 6,047,658 2,324,101

B. Cash flow from investing activities Sale of Securitiess 105,755,766 90,253,542 Purchase of Securities (91,548,643) (63,221,892) Share application money (33,380,000) (9,000,000) Refund of Share application money 33,380,000 9,000,000 t iet cash inflow/(outflow) from investing activities 14,207,123 27,031,650

C. Cash flow from financing activities Units sold 7,567,840 18,455,330 Units surrendered (8,431,380) (31,852,180) Adjustment of Premium on Surrendered of Units 1,574,439 3,202,033 Adjustment of Premium on sales of Units (1,728,366) (3,231,256) Dividend paid for the period (14,373,394) (16,944,360) Net cash inflow/(outflow) from financing activities (15,390,860) (30,370,433)

D. Net cash flows (A+B+C) 4,863,921 (1,014,682) Cash and cash equivalents at the beginning of the year 13,494,018 14,508,700 Cash & cash equivalents at the end of the year 18,357,939 13,494,018

Net Operating Cash Flow Pe Unit (NOCFPU) 18.00 0.17 0.07

The annexed notes from 1 to 2 orm an integr. I part of these Financial Statements.

The financial statements were ap roved by e'Board of trustees on July 29, 2021 and were ~~ts behalf by:

ager ~ ICB Asset Management Company Limited Investment Corporation of Bangladesh

~

m{.,wali Chartered Accountants

~igned in terms of our separate report of even date.


r

ICB AMCL CONVERTED FIRST UNIT FUND Notes to the financial statements

As at and the year ended June 30, 2021

1.00 Legal status and nature of business

ICB AMCL Converted First Unit Fund was established under a Trust Deed executed between the ICB Capital Management Limited as 'Sponsor' and Investment Corporation of Bangladesh as "Trustee". The Trust Deed was executed on 20 January 2014 The Fund was registered with the Bangladesh Securities and Exchange Commission (BSEC) on 03 February 2014 under the f\-!f4>J;ffifGSi '3 j~3J ~ (fJi;sk_\:<11<'1 ~) f<rf!:f1WIT <oo'::.,. The prospectus was approved by the BSEC on 19 February 2014 in accordance with the f\-!f4>J;ffifG;s\ '3 j~3J ~ (fJiJ;li,l:<WI ~ f<rf!:f1WIT <oo'::.,. The operation of the Fund commenced on 19 February 2014.

ICB Asset Management Company Ltd (ICB AMCL) is the Manager of the Fund. ICB AMCL was created as part of the restructuring programme of ICB under Capital Market Development Programme (CMDP) initiated by the Government of the People's Republic of Bangladesh and the Asian Development Bank (ADB). The Company was incorporated as a public limited company under the Companies Act 1994 with the Registrar of Joint Stock Companies and Firms on 5 December, 2000 with an authorized capital of Tk 100.00 crore and a nominal paid-up capital of Tk 2.00 lac which was subsequently increased to Tk 39.37 crore. Registration of the Company with the BSEC has been completed on 14 October 2001. The Company became operational from 1 July 2002 as per government gazette notification.

ICB AMCL Converted First Unit Fund is an open-end mutual fund. The objective of the Fund is to provide attractive dividend to the unit holders by investing the proceeds in the capital market and money market. The Units are transferable and can be redeemed by surrendering them to Fund.

2.00 Significant Accounting Policies

2.01 Basis of preparation of accounts

These financial statements have been prepared under historical cost convention in accordance with generally accepted accounting principles as laid down in the International Accounting Standards (IASs)/lnternational Financial Reporting Standards (IFRSs), applicable to the Fund so far adopted by the Institute of Chartered Accountants of Bangladesh . The disclosures of information made in accordance with the requirements of Trust Deed , Securities and Exchange Rules 1987, f\-!f4>J;ffifG;si '3 j~3J ~ (fJ1J;1?y•1111 ~) f<rf!:f1WIT <oo':, and other applicable Rules and regulations.

2.02 Financial instruments

IFRS 9 sets out requirements for recognizing and measuring financial assets, financial liabilities and some contracts to buy or sell non-financial items. This standard replaces !AS 39 Financial Instruments: Recognition and Measurement.

2.02.01: Investments in shares which are actively traded on a quoted market are designated at fair value (market price) through other comprehensive income (FVTOCI). Gains or losses arising from a change in the fair value of such financial assets are recognized in other comprehensive income of statement of profit or loss and other comprehensive income.

2.02.02: The market value of listed securities are valued at average closing quoted market price on the Dhaka and Chittagong stock exchanges on the date of valuation i.e., on June 30, 2021

2.03 Comparative Figures

Relevant Notes and disclosures are also presented in a comparative way for better understanding. Previous year's figure has been presented whenever considered necessary to ensure comparability with the current year presentation as per "IAS-8: Accounting Policies, Changes in Accounting Estimates and Errors". Financial Statements has been re-stated for the year ended June 30, 2020.

2.04 Reporting period

These financial statements Cover 1 year from July 01, 2020 to June 30, 2021.

2.05 Provision for unrealized losses on Marketable Investments As per f\-!f4>J;ffifG;s\ '3 j~3J ~ (fJi;sk_\311<'1 ~) f<!f!:f1WIT <oo':, to meet any future unforeseen diminution in the value of the investment portfolio over the cost, the management has established a policy of making a provision out of its current year profit Tk. 165,00,000.00 and has set up an accumulated general provision for Tk 6,01, 78,558.00

2.06 Pricing of Units

Units issued are recorded at the offer price, determined by the Company for the applications received during business hours on that date/week. The offer price represents the Net Asset Value per unit (NAV) as of the close of the business day of each week plus the allowable difference between sale and repurchase prices (at present Tk 0.30 only). Units redeemed are recorded at the redemption price. The redemption price represents Net Asset Value (NAV).

2.07 Premium on sale of units

This indicates the difference between sales and repurchase price, which at present is Tk 0.30 per unit.

2.08 Dividend policy As per Rule 66 of the 111Rs~ffil'&'5'i '3 j~3l ~ (~~§_\?WI 1.j;]iS ) fcrf~ ~oo':,, the Fund is required to distribute in the form

of dividend to its unit holders an amount which shall not be less than 50% of annual profit for the period, net of provisions.

2.09 Management fee

ICB Asset Management Company Ltd, the management company of the Fund is to be paid an annual management fees-on weekly average Net Asset Value (NAV) as per Rule 65 of Securities and Exchange Commission (Mutual Fund) Bidhimala (Rules) 2001 and Trust Deed at the following rates:

NAV {Takal

Not exceeding Taka 5.00 crore Exceeding Taka 5.00 crore and up to Taka 25.00 crore Exceeding Taka 25.00 crore and up to Taka 50.00 crore Exceeding Taka 50.00 crore

Rate(%)

2.50% 2 00% on additional amount 1.50% on additional amount 1.00% on additional amount

2.10 Trustee fee

The Trustee is entitled to an annual Trustee Fee of @ 0.10% on weekly average NAV of the Fund on semi annual in advance basis during the entire life of the Fund.

2.11 Custodian fee

The Custodian is entitled to receive a safekeeping fee @ 0.10% on the balance of securities calculated on the average month end value per annum.

2.12 Annual BSEC fee

As per Rule 11 of the 111Rs~ffif&'5'! '3 j~3l ~ (~~§_\?WI 1.j)]iS) fcrf~ ~oo':,,, Fund is required to pay an annual fee to BSEC an amount equal to @ 0.10% of the Net Asset Value (NAV) of the Fund or Tk 50,000.00 whichever is higher.

2.13 Revenue Recognization (a) Gains/losses arising on sale of investment are included in the Revenue Account on the date at which the transaction

takes place.

(b) Dividend and Interest Income are recognized on accrual basis.

For the year CHAR

ended June 30, 2021 Taka Taka

3.00 Marketable Investments - at Market

Total Investment 370,097,018 245,337,271

370,097,018 245,337,271

3.01 Restated Statement The investment in securities was presented historically at cost in asset section and related provision for unrealized loss (not fully) shown as liability. During the year the Marketable Investments has valued at 'Fair Value Through Profit or Loss' as per as per Securities and Exchange Commission (Mutual Fund) Bidhimala, 2001 and unrealized gain has been recognized in other comprehensive income through in the Statement of changes in equity. The comparative information has also been restated in this

respect.

3.01 Sector wise break up of investments in securities is as follows:

Sector/category I I Total cost I

Total market II Difference orice ITkl price ITkl Surplus/(Deficitl

Banks 27,310,005.06 26, 179,3.48.00 (1,130,657)

Funds 3,289,066.34 4,815,000.00 1,525,934

Engineering 71,992,332.99 50,170,961.00 (21,821,372)

Food & Allied Products 21,122,389.18 19,704,000.00 (1,418,389)

Fuel & Power 102,045,869.02 81,706,375.00 (20,339,494)

Textiles 47,162,843.21 30,039,460.31 (17,123,383)

Pharmaceuticals & Chemical 54,882,312.20 55,725,096.15 842,784

Services 3,582,292.63 2,716,273.60 (866,019)

Cement 36,508,390.71 27,126,523.45 (9,381,867)

Ceramic Industry 10,262,361.04 7,303,781.25 (2,958,580)

FAREAST ISLAMI LIFE INSURANCE 19,788,460.15 20,831,971.42 1,043,511

Telecommunication 3,654,768.83 5,706,000.00 2,051,231

Travel & Leisure 13,294,772.22 6,201,350.00 (7,093,422)

TITAS GAS 38,373,793.00 25,764,927.60 (12,608,865)

Corporate Bond 4,751,372.19 5,000,000.00 248,628

Miscellaneous 1,000,091.07 1,105,950.00 105,859

459,021,120 370,097,018 (88,924,102)

4.00 Cash & Cash Equivalents IFIC Bank, Principal STD A/C 1001-000546-041 Dhaka Bank Ltd, Local Office STD A/C 201-150-1372 Dhaka Bank Ltd, Local Office Escrow account 201-153-1384 STD/SND Accounts with selling agent

IFIC Bank Limited,Barishal Br. 5064-609950-041 IFIC Bank Limited,Bogra Br. 6082-000546-041 IFIC Bank Limited,Agrabad Br. 2030-000550-041 IFIC Bank Limited,Rajshahi Br. 6080-000549-041 IFIC Bank Limited,Khulna Br. 4060-000552-041 IFIC Bank Limited,Sylhet Br. 3033-00560-041 IFIC Bank Limited,Nayapaltan Br. 1020-610603-041

IFIC Bank Ltd, Federation (0/A -03-04) 1008-111315-041 IFIC Bank Ltd, Federation (0/A -04-05) 1008-111331-041 IFIC Bank Ltd, Federation (O/A-05-06) 1008-111347-041 IFIC Bank Ltd, Federation (O/A-06-07) 1008-111357-041 IFIC Bank Ltd, Federation (D/A-07-08) 1008-000221-041 IFIC Bank Ltd, Federation (D/A-08-09) 1008-000216-041 IFIC Bank Ltd, Federation (O/A-09-10) 1008-000268-041 IFIC Bank Ltd, Federation (O/A-10-11) 1008-000358-041 Shahjalal lslami, Motijheel (O/A-11-12) 4015-13100001094 Shahjalal lslami, Motijheel (D/A-12-13) 4015-13100004078 IFIC Bank, Principal (D/A-13-14) 1001-000580-041 IFIC Bank, Principal (O/A-14-15) 1001-759350-041 IFIC Bank, Principal (O/A-15-16) 1001-095852-041 IFIC Bank, Principal (O/A-16-17) 0170140264041 IFIC Bank, Principal (D/A-17-18) 0170140264041 IFIC Bank, Principal (O/A-18-19) 0100100215041 Jamuna Bank, Shantinagar (0/A -19-20) 0090320000969

16,087,136 4,124,172 647,626 635,259 56,131 56,095

8,790 10,026 6,549 6,411

118,033 1,123,077 6,936 8,023

52,507 50,460 42,664 336,816

105,290 872,506

47,691 45,870 14,415 111,038 41,906 380,048 27,968 366,467 27,943 201,192 28,792 223,745 25,672 161,353 34,531 258,172 21,288 317,220 36,315 293,041 18,185 181,314 21,622 321,749 18,365 314,293 45,062 266,684 66,868 1,795,181 79,311 1,033,806

670,343 18,357,939 13,494,018

Dividend account

For the year CHAR"!: /5r't~e~'filTANTS ended June 30, d June 30,

2021 2020 Taka

5.00 Other current assets Dividend receivable Interest on Bond Suspense Advance payment of Annual Fee Advance payment of Trustee Fee

1,269,315 394,000

2,165,599

6,947 3,835,861

6.00 Unit capital Opening Balance Add: unit sold for the period

Less: unit surrender by holder Closing Balance as at June 30, 2021

The unit capital represents 3,47,20,608 number of units of Tk 1 O each.

348,069,620 7,567,840

355,637,460 8,431,380

347,206,080

7.00 Unit premium reserve Opening Balance Add: Premium on surrender of units for the period

Less: Adjustment against sale of units for the period Closing Balance as at June 30, 2021

15,467,685 1,574,439

17,042,124 1,728,366

15,313,758

8.00 Retained earnings Opening Balance Less: Dividend paid for FY 2018-2019 Add: Prior year error adjustment

Add: Net income for the period Closing Balance as at June 30, 2021

38,744,639 13,922,785

24,821,854 13,020,046 37,841,900

9.00 Unrealized gain/ (losses) on investments Opening Balance Adjustment of Last year gain/lossess Add/(Less): for the period Closing Balance as at June 30, 2021

10.00 Provision for unrealized losses on Marketable Investments Provision for Investment in Securities (10.01) Provision for Investment in Mutual Funds Closing Balance as at June 30, 2021

(204,735,943)

Taka

1,077,557

2,165,599 9,489 6,947

3,259,592

361,466,470 18,455,330

379,921,800 31,852,180

348,069,620

15,496,908 3,202,033

18,698,941 3,231,256

15,467,685

43,572,840 18,073,324

(347,133) 25,152,383 13,592,256 38,744,639

(118,577,074) 115,811,841 (86,158,869) (88,924,102) ====(2=0=4=, 7=35=,9=4==3=}

60,100,000 78,558

60,178,558

10.01 Provision for Investment in Securities (Others) Balance as at July 01, 2020 Addition during the year Closing Balance as at June 30, 2021

43,600,000 16,500,000 60,100,000

11.00 Current liabilities Management fee payable to ICB AMCL Custodian fee payable to ICB Audit fee payable Annual fee payable to BSEC Commission payable to unit sales agents Share application money refundable Other expenses payable Dividend payable (11.01) Total current liabilities

6,062,966

23,000 21,364 4,449

45,000 11,457

14,506,387 20,674,623

43,600,000 78,558

43,678,558

42,600,000 1,000,000

43,600,000

5,512,423 274,326· 23,000

6,064 45,000 48,513

14,956,996 20,866,322

Taka Taka

11.01 Dividend payable Dividend payable for FY 2003-04

39,420 39,420

Dividend payable for FY 2004-05 90,400 90,400



Dividend payable for FY 2007 -08 673,875 673,875


Dividend payable for FY 2009-1 O 1,506,750 1,506,750


Dividend payable for FY 2011-12 2,048,000 2,048,000






Dividend payable for FY 2017 -18 1,105,365 1,666,071

Dividend payable for FY 2018-19 795,230 1,261,917

Dividend payable for FY 2019-20 652,022 14,506,387 14,956,996

12.00 Net Asset Value (NAV) Per Unit (At Cost Price) : Total Assets (Investment considered at cost price) 481,214,920 466,826,824

Less: Liabilities 20,674,623 20,866,322

Net Asset Value 460,540,297 445,960,502

Number of Units 34,720,608 34,806,962 13.26 12.81

1~.00 Net Asset Value (NAV) Per Unit (At Market Price) : Total Assets 392,290,818 262,090,881 ·

Less: Liabilities 20,674,623 20,866,322

Net Asset Value 371,616,195 241,224,559

Number of Units 34,720,608 34,806,962

NAV per Unit at Market Value 10.70 6.93

14.00 Interest on bank deposits and bonds Interest income on Short Term deposits 771,513 1,928,553

Interest income on Listed Bonds 863,000 1,634,513 1,928,553

15.00 Other operating expenses Printing and stationery 27,072 22,550

Postage and telegram 144

Bank charges & Excise duty 81,555 76,366

Publicity expenses 183,687 227,465

CDBL charges 24,085 18,599

Dividend distribution expenses 3,060 4,563

IPO application expenses 27,000 3,000

Others 78,556 53,775 425,015 406,462

16.00 Calculation of Unrealized gain/ (losses) on investments Unrealized Gain/(losses) as on June 30, 2020 (204,735,943) (118,577,074)

Unrealized Gain/(losses) as on June 30, 2021 (88,924,102) (204,735,943)

lncrease/(decrease) 115,811,841 (86,158,869)

17.00 Earnings Per Unit Net profit after Provision 13,020,046 13,592,256

Number of Units 34,720,608 34,806,962 0.37 0.39

18.00 Net Operating Cash Flow Per Unit (NOCFPU) Net cash inflow/(outflow) from operating activities 6,047,658 2,324,101

Number of Units 34,720,608 34,806,962 0.17 0.07

Taka Taka

19.00 Events after the reporting period

The Board of Trustees of the Fund has approved .50 tk dividend for the year ended on June 30, 2021 at the meeting held

on July 29, 2021.

20.00 Date of authorization

The Trustee Board has authorized these financial statements for issue on July 29, 2021.

21.00 Reconciliation between net profit to operating cash flow

Net Profit before provision less Profit on sale of investments Operating cash flow before changes in working capital

29,520,046 (23,155,029) 6,365,017

Changes in Working capital: Decrease/(lncrease) of accounts receivables lncrease/(Decrease) of account payables

(576,269) 258,910 (317,359)

6,047,658 Net operating cash flows

22.00 Related Party Disclosure

The mutual fund, in normal course of business, carried out a number of transactions with other entities that fall within the definition of related party contained in International Accounting Standard 24: Related party Disclosures. All transactions involving related parties arising in normal course of business are conducted on an arm's length basis at commercial rates on the same terms and conditions as applicable to the third parties. Details of transaction with related parties and balances with them as at June 30, 2021 were as follows:

Nature of Transaction during the year Balance AsseU(Liability)

Name of the Party Relationship Transaction Dr.I Cr.I 2021 2020 Adiustment Addition

!CB Asset Management Asset Manager Management 6,062,966 5,512,423 6,062,966 (5,512,423)

Company Ltd. Fee

Investment Corporation of Trustee Trustee Fee 304,198 304,198 6,947 6,947 Bangladesh

Investment Corporation of Custodian Custodian 304,775 579,101 (274,326) Bangladesh Fee

-

Particulars No of Share Dividend Per Dividend Share Amount

1 ISLAMIC FINANCE AND INVESTMENT 627,000 1.00 627,000

2 DHAKA BANK LTD. 300,000 0.50 150,000

3 GRAMEEN PHONE LTD. 10,000 13.00 130,000

4 THE CITY BANK LTD. 25,000 1.50 37,500

5 GRAMEEN ONE : SCHEME TWO 200,000 0.70 140,000 6 LANKABANGLA FINANCE LTD. 150,000 0.70 105,000

...- 7 ONE BANK LIMITED 440,000 0.50 220,000

8 NORTHERN GENERAL INSU. CO.LTD. 25,000 1.00 25,000

9 N C C BANK LTD. 150,000 1.50 225,000

10 UTIARA FINANCE & INVEST. LTD 85,551 1.50 128,327

11 MEGHNA LIFE INSURANCE CO. LTD 107,465 2.00 214,930

12 EASTERN HOUSING LIMITED(SHARE) 16,860 1.50 25,290

13 BATBC 5,000 30.00 150,000

14 PRIME FINANCE & INVESTMENT LTD. 87,500 0.20 17,500

15 MEGHNA CEMENT MILLS LTD. 46,200 0.50 23,100 . 16 THE ACME LABORATORIES LTD. 52,275 2.50 130,688

17 KHULNA POWER COMPANY LTD. 100,000 3.40 340,000

18 MJL BANGLADESH LIMITED 100,000 4.50 450,000

19 FAREAST ISLAMI LIFE INSURANCE 42,500 1.00 42,500

20 SQUARE PHARMACEUTICALS LTD. 10,000 4.70 47,000

21 SQUARE TEXTILE MILLS LTD. 146,761 1.00 146,761

22 TITAS GAS 130,000 2.60 338,000

23 BEXIMCO LIMITED(SHARE) 90,000 0.50 45,000

24 BEXIMCO PHARMACEUTICALS LTD. 100,000 1.50 150,000

25 SEA PEARL BEACH RESORT & SPA LIMITED 5,515 0.10 552

26 RUNNER AUTO MOBILES 50,000 1.00 50,000

27 B.S.C. 25,000 1.00 25,000 .. 28 ORION PHARMA LIMITED 87,400 1.00 87,400

29 SUMMIT ALLIANCE PORT LIMITED 97,905 0.80 78,324

30 ACI LIMITED 17,853 8.00 142,824

31 BANGLADESH STEEL RE-ROLLING MILLS LIMITE 75,000 1.50 112,500

32 BBS CABLES LTD. 75,000 1.00 75,000

33 HAMID FABRICS LIMITED 35,000 1.00 35,000

34 UNIQUE HOTEL & RESORTS LIMITED 150,000 1.00 150,000

35 DOREEN POWER GENERATIONS AND SYSTEMS 113,000 1.00 113,000

36 AFT AB AUTOMOBILES LTD. 255,580 1.00 255,580

37 M.I. CEMENT FACTORY LIMITED 80,000 1.00 80,000

38 SAIF POWERTEC LIMITED 450,000 0.50 225,000

39 Dominage Steel Building Systems Limited 30,000 0.20 6,000

40 GOLDEN SON LTD. 200,000 0.25 50,000 -- 41 DHAKA ELECTRIC SUPPLY CO. LTD. 100,000 1.00 100,000

42 S. ALAM COLD ROLLED STEELS LTD 458,467 1.00 458,467

43 BENGAL WINDSOR THERMOPLASTICS 302,500 0.25 75,625

44 DEL TA SPINNERS LTD. 165,000 0.10 16,500

45 DEL TA SPINNERS LTD. 165,000 0.10 16,500

46 DELTA SPINNERS LTD. 165,000 0.10 16,500

47 PADMA OIL COMPANY. 30,000 12.50 375,000

48 BANGLADESH STEEL RE-ROLLING MILLS LIMITE 75,000 1.00 75,000 49 MEGHNA PETROLEUM LTD. 162,500 15.00 2,437,500

50 JAMUNA OIL COMPANY LTD. 25,000 12.00 300,000


~

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Dividend from investment in securities for FY 2020-2021

ANNEXURE-A

ICB AMCL CONVERTED FIRST UNIT FUND Statement of Dividend from investment in securities for FY 2020-2021


51 BATBC 5,000 30.00 150,000

52 GREEN DEL TA INSURANCE 10,000 2.45 24,500

53 RAK CERAMICS(BANGLADESH) LTD. 200,000 1.00 200,000

54 GOLDEN HARVEST AGRO IND. LTD. 540,000 0.20 108,000

56 GRAMEEN PHONE LTD 10,000 14.50 145,000 57 LAFARGE HOLCIM BANGLADESH LIMITED 200,000 1.00 200,000 58 LANKABANGLA FINANCE LTD. 100,000 1.20 120,000 59 MERCANTILE BANK LIMITED 400,000 1.00 400,000 60 ROBI AXIATA LIMITED 50,000 0.30 15,000 61 THE CITY BANK LTD. 50,000 1.75 87,500 62 ISLAMIC FINANCE AND INVESTMENT 643,309 1.00 643,309 63 ONE BANK LIMITED 462,000 0.60 277,200 .64 HEIDELBERG CEMENT BO. LTD. 9,403 2.00 18,806 65 DHAKA BANK LTD. 300,000 0.60 180,000 66 EXIM BANK OF BANGLADESH LTD. 200,000 0.75 150,000 67 FRACTIONAL DIVIDEND 675

Total 11,985,857

ANNEXURE-A


' ICB AMCL CONVERTED FIRST UNIT FUND Statement of Dividend Receivable as at June 30, 2021


1 ISLAMIC FINANCE AND INVESTMENT 643,309 1.00 643,309

2 ONE BANK LIMITED 462,000 0.60 277,200

3 HEIDELBERG CEMENT BO. LTD. 9,403 2.00 18,806

4 DHAKA BANK LTD. 300,000 0.60 180,000

5 EXIM BANK OF BANGLADESH LTD. 200,000 0.75 150,000 Total 1,269,315

ANNEXURE-B

ICB AMCL CONVERTED FIRST UNIT FUND PORTFOLIO STATEMENT AS ON: 30-Jun-2021

0

No. of Cost Price Market Rate ~ppreciation ·1o ~ Total 0 ro !?.., ·c::; U) Company Name Shares /Erosion ~ C 0

DSE CSE Averaqs Market Price ~ a., Rate Total 0 C. I- > C. E . <(

BANKS AB BANK LTD.

2 DHAKA BANK LTD.

3 EXIM BANK OF BANGLADESH LTD.

4 FIRST SECURITY ISLAMI BANK LTD.

5 MERCANTILE BANK LIMITED

6 N C C BANK LTD.

7 ONE BANK LIMITED

8 THE CITY BANK LTD.

Sector Total:

Sector Total, CERAMIC INDUSTRY 13 BENGAL FINE CERAMICS LTD.

14 RAK CERAMICS(BANGLADESH) LTD.

152.625 116.70 2,549,041.00 14.80 14.80 14.80 2,258,850.00 -+ -290,191.0~-- -11.38 0.56

318,000 j 13.32 4,235.908.79 14.10 14.00 14.05 4.467.900.00 I 231,991.21 5.48 0.92 -· -I- -----

205,000 13.71 2,810.629.85 11.60 11 40 11.50 2.357,500.00 1--453,129.8~ - -16.12 0.61

200,000 9.80 1,960,308.78 10.80 10.80 10,80 2,160,000.00 199,691.22 10.19 0.l3

200,000 13.48 2.696.910.25 14.60 14.80 14.70 2.940,000.00 243.089.75 9.01 0.59 - -- ------- - 45,852.59- - 300,000 14.40 4,319,147.41 14.60 14.50 14.55 4,365,000.00 1.06 0.9•1 - ----

467,410 15.45 7,530,646.51 12.60 12.80 12.60 6,238,846.00 -1.291,798.51 -17.15 1.64 ---- 52,500 23.00 1,207,412.47 26.40 26.60 26.50 1.391,250.00 163,637.53 15.23 0.26 ----------- -

1,915,535 27,310,005.06 26,179.348.00 -1,130.657.06 -4.14 5.95

9.403 I 445.14 4.185.649.84

200,000 l 85.32- _ 17,063,561.00

125,000 77.46 9,682,849.47

48,510 114.95 5,576,330.40

382,913 36,508,390.71

CEMENT 9 HEIDELBERG CEMENT BO. LTD. 318.30 310.00 314.15 2.953.952.45 I ·1.231.697.39 -29.43 0.91

10 LAFARGE HOLCIM BANGLADESH 59.30 59.20 59.25 11,850,o_oo_.o_o t-5,213,561.00 __ · -30.55 - - 3.72 -tlMITED --- - 11 M.I. CEMENT FACTORY LIMITED 71.70 69.50 70.60 8,625,000.00 -<357,649.47

-------------------l----------+-----------------+- 12 MEGHNA CEMENT MILLS LTD. 73.20 71.00 72.10 3,497,571.00 -2,078,759.40

27, 126.523.45 -9.381,867 .26

3,9~4.36 293,781.25 70.00 78.75 74.38 293.761.25 0.00 _,__ _ ~0-~00 _ 49.~ - 9,968,579.79 35.20 34.90 35.05 7.010,000.00 -2,958,579.79 __ ...J

203.950 10.262,361.04 7,303,761.25 -2,956.579.79 Sector Total: CORPORATE BOND _15_1_B_B_L _M_u_o_A_RA_BA_P_E_RP_E_T_u_A_L_B_o_N_o s_.o_o_o .1.I _9s_o.2_1__ 4. 751.372.19 +---1_.0_14 __ 51 985.50 1.000.00 s.000.000.00

5,000 4,751,372.19 5,000,000.00

248,627.81

248,627.81

-6.66 2.11

-37.28 1.21 . --- -25.70 7.95

0.00 o.os -29.68 2.17

-28.83 2.24

5.23 1.0,1

5.23 1.M Sector Total:

ENGINEERING 1_6_A_F_TA_B_A_uT_o_M_o_B1_L_Es_L r_o_. 2_55_._58_o __ -+-8-3_.3_2 2_1_.2_94-·_573.05 27.90 28.oo 27.95 7, 143,461.00 __L~151.112.05 -66.45 4.64

17 BANGLADESH STEEL RE-ROLLING __ 15_.o_o_o 8_9_A_o 6_,7o5 .. 356.45 I 86.60 86.oo 86.30 6.472,500.00 ·--~2,856.45 _ -3.47 1.46 ·-MltLS"t:IMIT ~

.18 18 BBS CABLES LTD. 15.000 53.85 807,728.40 63.30 63.60 63.45 951.750.00 144,021.60 17.83 0 - ----- -- - ' - ·--- -- ---- --· 19 BENGAL WINDSOR THERMOPLASTICS 302,500 I 46.33 14,016,278.79 24.80 24.80 24.80 7,502.000.00 -6.514,278.79 -46.48 3

----------- - - - - - - -- - ----- ----· 20 GOLDEN SON LTD. 200.000 18.02 3,603,299.32 16.50 16.30 16.40 3,280,000.00 -323,299.32 -8.97 0 - - - -- - ------ --- ----- - - 21 IFAD AUTOS LIMITED 100,000 52.97 5,296,572.00 50.50 50.70 50.60 5,060,000.00 -236,572.00 -4.47 1

22 RUNNER AUTO MOBILES 57.35 -- 60,000 3,441,180.86 65.90 65.50 65.70 3,942,000.00 500.819.14 14.55 0

23 S. ALAM COLD ROLLED STEELS LTD 450,000 35.57 16,005,704.12 33.20 33.10 33.15 14,917,500.00 -1,088,204. 12 -6.80 3

24 SINGER BANGLADESH LTD. 5,000 164.33 821,640.00 179.70 181.00 ----- 180.35 901.750.00 80,110.00 9.75 0 -

Sector Total: 1,463,080 71.992,332.99 50, 170.961.00 -21,821.371.99 -30.31 1

FINANCE AND LEASING 25 BANGLADESH INDS. FINANCE CO. --------- 26 FIRST FINANCE LIMITED.

150,000

150.000

5.00

6.80

-1,162,384.22

-1 189 921 30

5.10

7 DO

765.000.00

1 050 000 00

12.85

14.93

1.927,384.22

2 239 921.30

5.20

7.20 -- -·---- - -- -- 27 ISLAMIC FINANCE AND INVESTMENT 600,000 22.69 13.615,484.95 22.90 23.00 22.95 13,770,000.00 154,515.05 - - - - -- - --- - - ·----- 28 PREMIER LEASING & FINANCE LTD. 340,058 15.38 5.231.484.05 8.40 8.50 8.45 2.873,490.10 -2,357,993.95

29 PRIME FINANCE & INVESTMENT LTD. 87,500 16.67 1,458,969.75 12.70 12.40 12.55 1,098,125.00 -360,844.75

30 UNION CAPITAL LIMITED 330,750 21.98 7,268,961.94 7.70 7.80 7.75 2,563,312.50 -4.705,649.44

31 UITARA FINANCE & INVEST.LTD 100,000 66.32 6,631,586.79 36.10 36.80 36.45 3.645,000.00 -2.986,586.79

Sector Total: 1,758,308 38.373, 793.00 25.764.927.60 -12,608.865.40

FOODANDALLIEDPRODUCTI 32 BATBC

33 GOLDEN HARVEST AGRO IND. LTD.

, Sector Total: FUEL AND POWER 34 DHAKA ELECTRIC SUPPLY CO. LTD.

35 DOREEN POWER GENERATIONS AND -sYSTEMS'tT 36 JAM UNA OIL COMPANY LTD.

37 KHULNA POWER COMPANY LTD.

38 MEGHNA PETROLEUM LTD.

20.000

540,000

560.000

, 385.07

24.85 16.~~o~o - _ _J -4.4m.98 •. -33.41 19.704.000.00 -1,418.389.18 -6.72

7,701.472.20

13.420.916.98

539.10 537.60 538.35 10,767.000.00 3.065,527.80

16.60 16.50 -----· 21.122.389.18

45.86 4,586,097.70

65.02 9,753,020.62

188.43 4,710,740.40

45.87 11.467,369.72

230.16 37.401,638.84

33.50 33.80 33.65 3.365,000.00 -1.221,097.70

64.90 64.00 64.45 9,667,500.00 -65,520.62

162.40 163.40 162.90 4,072,500.00 -638,240.40

37.00 37.00 37.00 9,250.000.00 -2.217,369,72 -----

182.60 185.10 183.85 29.875.625.00 _l -7.526,013.84 ·-

100,000

150,000

25,000

.05

.78

.15

.75

.49

.1fJ

5.68

-60.31

-53.12

1.13

-45.07

-24.73

-64.74

-45.04

0.42

o.4a 2.97

1.1,1

0.32

1.58

-32.86 8.36

39.80 1.68

2.92

4.60

-26.63 1.00

2.12 -0.88

-13.55 1.03 --------- 2.50

8.15

250.000

162.500

-19,34

-20.12


~

0

No. of Cost Price Market Rate ~ppreciation -~ ~ Total 0 ·13 iii ~

Company Name Shares /Erosion ;ft ~ C 0 Cf)

Rate Total DSE CSE Averaqs Market Price C. t- a, >

' C. C: <! -

39 MJL BANGLADESH LIMITED 100,000 105.86 10,585,853.73 83.20 84.20 83.70 8,370.000.00 -2,215,853.73 -20.93 2.31

- 203.80 -13.80 -- 40 PADMA OIL COMPANY. 30,000 235.38 7 ,061.426.38 202.00 202.90 6.087,000.00 -974,426.38 1.:-1

-- .____ _______ -·-

41 POWER GRID CO. OF BANGLADESH 50,000 44.89 2,244,479.80 44,70 44.90 44.80 2,240,000.00 -4,479.80 -0.20 0.l J

-t'TD. - - - -------- ~----- --

42 TITAS GAS TRANSMISSION & D.C.L

43 UPGDCL-UNITED POWER -GENERATION"&"OISTRIB-

Sector Total:

FUNDS 44 GRAMEEN ONE : SCHEME TWO

130,000

15,000

1.012,500

200,000

J_ 77.50 __ 277.39

10,074,432.83 35.80 35.60 35.70 4,641,000.00 I -5,433,432.83 -53.93 2. ~g

4,160,809.00 275.90 275.80 275.85 4,137,750.00 ! -23.059.00 -0.55 0.>'1 --- ---

102.045.869.02 81,706.375.00 -20,339,494.02 -19.93 22.23

2,312,954.36 17.50 17.50 17.50 3,500,000.00 • 11.187.04~ 51.32 0.51J

976,111.98 12.80 13.50 13.15 1.315,000.00 338,888.02 34.72 0.21 - ---- 3,289,066.34 4,815,000.00 1,525.933.66 46.39 0.~2

6,290.459.47 63.20 67.70 65.45 6.217.750.00 _J -72,709.47 -1.16 1 ., .o

8,689.374.00 88.50 90.00 89.25 11,156,250.00 - +...:.~~:6.00 28.39 1.b9

27.88 110.80 110.40 110.60 77.42 49.54 177.69 0.00 -1..

4 ,608.598.80 33.10 32.90 33.00 3-:'z31,894.QO -- -1,370,704.80 -29.74 1.00 -- 200,000.00 11.00 11.00 11.00 220.000.00 20,000.00 10.00 0.0,1

19,788,460.15 20,831.971.42 1,043,511.27 5.27 4.31

790,141.07 45.10 44.50 44.80 896.000.00 -1- 105 858.93 13 40 - 0 11

_r-21.5~ - ----·

209,950.00 22.70 22.10 209.950.00 0.00 0.00 0 05 -- -- - -

1,000.091 .07 1,105,950.00 105,858.93 10.58 0.:'2

11.56

45 RELIANCE INSURANCE MUTUAL -Fl:IND

Sector Total:

INSURANCE 46 FAREAST ISLAMI LIFE INSURANCE -- - . 47 MEGHNA LIFE INSURANCE CO. LTD

48 RELIANCE INSURANCE CO. LTD

49SUNLIFE INSURANCE CO. LTD.

100,000

300,000

95.000

125,000

0

98,118

9.76

166.22

69.51

13~83 46.97

50 Sonall Life Insurance Company Limited 10.00 20,000

Sector Total: MISCELLANEOUS 51 BSC

338,118

20.000 39.51

52 ROSE HEAVEN BALL PEN LTD. 22.10

53 ACI FORMULATION LIMITED 25,000 ! 127.78 3,194.534.35 148.20 147.80 148.00 3.700,000.00 505.465.65 15.82

- - - - - -· - 54 ACI LIMITED 19,638 342.49 6,725,790.73 263.70 261.70 262.70 5,158,902.60 -1,566,888.13 -23.30

---- 55 ACTIVE FINE CHEMICALS LIMITED 500,000 21.27 10,634,950.01 18.30 18.30 18.30 9,150,000.00 -1,484,950.01 -13.96

56 AFC AGRO BIOTECH LTD. 220,000 33.50 7,369,518.56 20.00 19.80 19.90 4,378,000.00 -2,991,518.56 -40.59

57 BEXIMCO PHARMACEUTICALS LTD. 100,000 100.34 10,034,268.37 177.30 176.60 176.95 17,695,000.00 7.660,731.63 76.35 - -- ------

58 ORION PHARMA LIMITED 60,000 52.14 3.128.121.14 53.90 54.20 54.05 3.243.000.00 114,878.86 3.67 -----·-- ---------- -

59 SQUARE PHARMACEUTICALS LTD. 10,000 184.67 1,846,733.92 215.50 215.60 215.55 2,155,500.00 308,766.08 16.72

-- - -·-·- --- -· - - 1 - - - - ------- 60 EA L 138 8 1 48 12 7 73 1 4 - 7 -

------ - Sector Total:

1,073,361 54.882.312.20 55. 725.096.15

SERVICES 61 SUMMIT ALLIANCE PORT LIMITED 99,863 35.87 3,582,292.63 27.10 27.30 27.20 2,716,273.60

Sector Total: 99,863 3.582,292.63 2,716.273.60

TELECOMMUNICATION 62 GRAMEEN PHONE LTD. 10,000 315.48 3,154,768.83 349.40 352.30 350.85 3,508,500.00

63 ROSI AXIATA LIMITED 50.000 10.00 500,000.00 -· ---------- 44.00 43.90 43.95 2.197.500.00 ---- ---.-- _.....

Sector Total: 60,000 3,654.768.83 5.706,000.00

TEXTILES

Sector Total: PHARMACEUTICALS AND CHE

TH CME ABORATORIES LTD.

9,500

29,500

0.70

1.t.7

2.3?

1.61

2.19

0.6P.

0.40

.723 6.13 1,9 ,395. 3.70 74.00 .85 0,24 ,693.55 1, 03.701.57 14.26 2.60 ----- 842,783.95 1.54 11.96

-<366,019.03 -24.17 0. 78 _________ _.__ +-------------------'---------- -866,019.03 -24.17 0.78

- - - - 2,212.182.50- - -- + ·- 65 DELTA SPINNERS LTD. 214,775 10.75 2,309,494.32 10.30 10.30 10.30 -97,311.82 -4.21 0

---·- 66 EVINCE TEXTILES LTD. 254,100 17.22 4,376,235.00 10.30 10.10 10.20 2,591,820.00 -1,784,415.00 -40.78 0

67 FAMIL YTEX (BD) LTD. 771,750 10.49 8,093,928.80 3.60 3.60 3.60 2,778,300.00 -5,315,628.80 -65.67 1

68 GENERATION NEXT FASHIONS LTD. 726,000 10.96 7,958,005.99 5.60 5.55 -

5.50 4,029,300.00 -3,928,705.99 -49.37 1

HAMID FABRICS LIMITED 20.85 . --

69 97.500 2,033,293.85 18.40 18.30 18.35 1,789,125.00 -244, 168.85 -12.01 0

MALEK SPINNING MILLS LTD. -- - -

70 50.000 21.53 1,076,316.90 31.20 31.30 31.25 1.562,500.00 486.183.10 45.17 0

-- ·- --- -- - ·- -- - T~ SQUARE TEXTILE MILLS L TO. 275,293 54.19 14,917,366.86 47.50 46.00 46.75 12,869,982.81 I -2,047,384.05 -13.72 3

64 ALL TEX INDUSTRIES LTD 5 000

353,731.17 11.21 0.69 -!----------" -- 1.697.500.00 339.50 0.11

2,051.231.17 56.12 0.80

7 20 36 024 00 1230 1220 12 25 61 250 00 25 226 00 70 03 0.01

.50

.95

72 TALLUSPINNINGMILLSL TD. 225,000 -p6A7 - 5.955.469.16

_73_T_H_E_D_A_c_c_A_D_Y_E_I_N_G_&_-M_A_N_._c_o_._L_TD_. 3_o_.o_o_o --,_._! ·_13_.5_6 • _40~, 708.3_3_ 2,649,418

6.60

20.40

6.80 1,530,000.00 r -4.425,469.16

.76

.73

.44

.23

.25

1.30

0.09

10.27 Sector Total:

TRAVEL AND LEISURE 74 UNIQUE HOTEL & RESORTS LIMITED

7.00

20.60

-74.31

20.50 615.000.00 t 208.291.6_7 __ 51.21 _______ ___j_ _

30,039.460.31 -17,123,382.90 -36.31 47 .162.843.21

11,912,026.50 40.60 39.10 39.85 5,977,500.00

1.85 223.850.00

I -5.934.526.50 -49.82 2.60

__j_ -1.158,89~~~81 0.30 75 UNITED AIRWAYS (BD) LIMITED

150,000 79.41 --- - ----------------+-----------+--- 121,000 11.43 1,382,745.72 1.90 1.80

0

No. of Cost Price Market Rate ~ppreciation -~ ~ Total 0 ro ~

Company Name Ti in

Shares /Erosion ~ ~ C 0 Rate Total DSE CSE Average Market Price Cl. I- Q)

> a. E <{

Sector Total: 271,000 13,294,772.22 6.201.350.00

-88,924, 102.06 100.00 Grand Total: 12,122,546 459,021,119.84 370,097,017.78

-7 ,093.422.22 -53.35 2.90

ICB AMCL CONVERTED FIRST UNIT FUND

STATEMENT OF PROFIT ON SALE OF INVESTMENTS FOR FY 2020-2021

4 Particulars NO. OF SHARE SELLING PRICE COST PRICE PROFIT/LOSS ·

1 ASSOCIATED OXYGEN LIMITED 16,854 662,720 168,540 494,150:

2 BANGLADESH SUBMARINE CABLE CO. 15,000 1,484,883 1,315,626 169,258

3 BBS CABLES LTD. 67,500 3,865,254 3,634,775 230,479

4 BEXIMCO LIMITED(SHARE) 200,000 5,699,578 4,899,780 799,798

5 BEXIMCO PHARMACEUTICALS LTD. 110,000 14,473,994 12,041,122 2,432,872

6 SSC 15,000 683,630 627,391 56,240 7 COPPERTECH INDUSTRIES LTD. 6,000 126,347 57,144 69,203

8 CRYSTAL INSURANCE COMPANY LIMITED 19,277 917,349 192,770 724,579

9 DESH GENERAL INSURANCE COMPANY LIMITED 18,837 507,457 188,370 319,087

10 DHAKA BANK LTD. 15,000 230,538 211,796 18,743

11 DOMINAGE STEEL BUILDING SYSTEMS LIMITED 39,900 1,260,474 375,000 885,474

12 EASTERN HOUSING LIMITED(SHAREl 49,986 2,591,676 2,086,282 505,395

13 EGENERATION LIMITED 15,625 462,511 156,250 306,261:

14 FAREAST ISLAMI LIFE INSURANCE 5,000 356,785 331,077 25,708

15 FIRST SECURITY ISLAMI BANK LTD. 33,569 365,955 329,027 36,928

16 GREEN DELTA INSURANCE 38,838 2,611,617 2,084,354 527,263

17 GSP FINANCE COMPANY (BO) LTD. 110,500 2,221,947 1,658,310 563,637

18 HAMID FABRICS LIMITED 72,576 1,802,228 1,658,013 144,214

19 FAREAST ISLAMI LIFE INSURANCE 220,000 2,574,840 2,281,017 293,823

20 ISLAMIC FINANCE AND INVESTMENT 43,309 1,097,849 982,789 115,059

21 LANKABANGLA FINANCE LTD. 300,000 10,763,929 8,115,454 2,648,476

22 TITAS GAS 104,341 2,823,448 2,246,079 577,370

23 MEGHNA LIFE INSURANCE CO. LTD 17,669 1,322,525 1,228,261 94,264

24 MERCANTILE BANK LIMITED 220,000 3,310,366 2,966,595 343,771

25 NCC BANK LTD. 75,000 1,202,590 1,028,400 174,190

25 NEW LINE CLOTHINGS LIMITED 10,000 130,738 93,458 37,280

27 NORTHERN ISLAMI INSURANCE LIMITED 75,000 2,029,932 1,728,111 301,82l

28 NRB COMMERCIAL BANK LIMITED 168,741 2,286,798 1,687,410 599,388:

29 ORION PHARMA LIMITED 160,000 9,497,427 8,507,925 989,503'

30 QUASEM INDUSTRIES LIMITED · 32,500 1,384,725 1,241,048 143,677

31 RELIANCE INSURANCE CO. LTD 3,025 190,693 120,669 70,023'

32 RELIANCE INSURANCE MUTUAL FUND 150,000 2,245,500 1,464,165 781,335

33 ROSI AXIATA LIMITED 139,029 6,010,108 1,390,290 4,619,818

34 RUNNER AUTO MOBILES 23,917 1,567,404 1,371,712 195,693'

35 S. ALAM COLD ROLLED STEELS LTD 8,467 307,582 301,156 6,426

36 SAIF POWERTEC LIMITED 472,500 11,218,518 9,572,110 1,646,408

37 SEA PEARL BEACH RESORT & SPA LIMITED 5,515 220,709 52,526 168,183

38 SQUARE PHARMACEUTICALS LTD. 6,500 1,318,258 1,247,442 70,816

39 TAUFIKA FOODS AND AGRO INDUSTRIES LTD. 32,609 782,873 326,090 456,783

40 THE CITY BANK LTD. 51,440 1,307,228 1,228,979 78,250: '---·

4·1 THE DACCA DYEING & MAN. CO. LTD. 103,521 1,836,782 1,403,426 433,356

TOTAL 105 755,766 82 600 737 23,155 029

Annexure-D

9~cb-&)t ch,daccountants ~-1%f' ~ ~ 1,f

Documents