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Information Document - Dhaka Stock Exchange

Information Document - Dhaka Stock Exchange

Information Document - Dhaka Stock Exchange

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27. Salary and allowancesYear wise break up of salary and allowances of the employees of the company for the since inception are asfollows:YearAmount (Taka)1998 (13 Oct to 31 Dec) 973,1471999 5,517,1802000 6,217,1832001 6,198,7052002 7,127,0442003 10,839,2992004 12,275,2092005 17,220,0592006 18,660,0042007 20,438,7582008 17,822,6402009 13,226,17228. Commitment for capital expenditureThere is no other commitment for capital expenditure as of 31 December 2009 for the company except of an'Alternator' for which procurement order was being initiated by the company amounting to Euro 287,745 but noshipment is being made by the seller.29. Contingent liabilityThere is no contingent liability as of 31 December 2009 for the company.30. Post balance sheet event30.1The company has applied to <strong>Dhaka</strong> <strong>Stock</strong> <strong>Exchange</strong> and Chittagong <strong>Stock</strong> <strong>Exchange</strong> for the purpose of directlisting under the Direct Listing Regulations 2006 and the matter is in the process of approval.30.2There is no material event that has occurred after the balance sheet date to the date of issue of thesefinancial statements, which could affect the figures stated in the financial statements.31. General31.1During the year the company had nine permanent employees and their individual remuneration rate was notless than Tk 36,000 per annum (2008: ten permanent employees).31.2 Previous year's figures have been rearranged, wherever considered necessary, to conform to current year'spresentation.

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