Information Document - Dhaka Stock Exchange

Khulna Power Company Ltd.Projected Balance Sheet12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14Taka Taka Taka Taka Taka TakaCurrent Assets:Cash 701,992,195 196,461,548 402,935,465 1,149,249,334 1,940,687,588 2,721,068,571Accounts Receivable 387,749,398 2,411,582,694 2,483,995,560 2,558,584,496 2,635,416,454 2,689,886,558Other Receivable 12,497,004 9,000,000 9,000,000 9,000,000 9,000,000 9,000,000Fuel inventory 885,884,269 540,750,000 556,972,500 573,682,500 590,895,000 608,625,000Consumables Inventory 95,758,000 95,758,000 95,758,000 95,758,000 95,758,000 95,758,000Advances, Deposits & Prepaids 1,393,292 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000Total Current Assets 2,085,274,158 3,256,052,242 3,551,161,525 4,388,774,330 5,274,257,042 6,126,838,129Fixed Assets:Property, Plant and Equipment 5,159,691,860 10,385,499,860 10,387,727,750 10,390,022,480 10,392,386,060 10,394,820,560Less: Accumulated Depreciation (1,852,315,982) (2,061,859,830) (2,387,304,730) (2,712,753,218) (2,712,753,218) (2,712,753,218)Net Fixed Assets 3,307,375,878 8,323,640,030 8,000,423,020 7,677,269,262 7,679,632,842 7,682,067,342Total Assets 5,392,650,036 11,579,692,272 11,551,584,545 12,066,043,592 12,953,889,884 13,808,905,471Current Liabilities:Current portion of long term debt - - 504,700,000 504,700,000 504,700,000 504,700,000Accounts Payable 1,533,800,273 2,297,800,000 1,336,734,000 1,376,838,000 1,418,148,000 1,460,700,000Interest Payable & other financial charges - 25,235,000 25,235,000 22,711,500 22,711,500 22,711,500Total Current Liabilities 1,533,800,273 2,323,035,000 1,866,669,000 1,904,249,500 1,945,559,500 1,988,111,500Long-Term Liabilities:Term Loan - 5,047,000,000 4,542,300,000 4,037,600,000 4,037,600,000 4,037,600,000Total Long-Term Liabilities - 5,047,000,000 4,542,300,000 4,037,600,000 4,037,600,000 4,037,600,000Stockholders' Equity/Preference Share:Common Stock 2,085,930,000 2,294,523,000 2,315,382,300 2,433,237,345 2,572,577,469 2,600,445,49410.3125% Redeemable Preference Shares 1,100,000,000 880,000,000 660,000,000 440,000,000 220,000,000 -Capital Redemption Reserve A/C - 220,000,000 440,000,000 660,000,000 880,000,000 1,100,000,000Dividend (Incl. TDS) -Equity Shareholders' 417,186,000 527,740,290 694,614,690 973,294,938 1,029,030,988 1,170,200,472Retained Earnings 255,733,763 287,393,982 1,032,618,555 1,617,661,809 2,269,121,927 2,912,548,005Total Stockholders' Equity/Pref Sha 3,858,849,763 4,209,657,272 5,142,615,545 6,124,194,092 6,970,730,384 7,783,193,971Total Liabilities & Stockholders' Equity/Pref Share 5,392,650,036 11,579,692,272 11,551,584,545 12,066,043,592 12,953,889,884 13,808,905,471Net asset value per share 13.23 14.51 19.36 23.36 26.24 29.93