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ANNEXURE-IICERTIFICATE OF COMPLIANCE TO THE SHAREHOLDERS OFRenata Limited(As required under the BSEC Guidelines)We have examined compliance to the Bangladesh Securities and Exchange Commission (BSEC)guidelines on Corporate Governance by Renata Limited for the year ended 31st December 2012. Theseguidelines relate to the Notification no. SEC/CMRRCD/2006-158/134/Admin/44 dated 7th August 2012of Bangladesh Securities and Exchange Commission (BSEC) on Corporate Governance.Such compliance to the codes of Corporate Governance is the responsibility of the Company. Ourassessment was limited to the procedures and implementation thereof as adopted by the Managementin ensuring compliance to the conditions of Corporate Governance. This is a scrutiny and verificationonly and not an expression of opinion or audit on the financial statements of the Company.In our opinion and to the best of our information and according to the explanations provided to us, wecertify that the Company has complied with the conditions of Corporate Governance as stipulated in theabove mentioned guidelines issued by Bangladesh Securities and Exchange Commission (BSEC). Wealso state that such compliance is neither an assurance as to the future viability of the Company nor acertification on the efficiency or effectiveness with which the Management has conducted the affairs ofthe company.Dhaka, DhakaS.F Ahmed & Co12 May 2013 Chartered Accountants•22
ANNEXURE-IIIStatus of compliance with the conditions imposedby the BSEC’s Notification on SEC/CMRRCD/2006-158/134/Admin/44 dated 07 August 2012issued under section 2CC of the Securities and Exchange Ordinance 1969 on Corporate Governance(Report under Condition No. 7.00)ConditionNo.TitleCompliance StatusNotComplied CompliedRemarks(if any)1.1Board Size: The number of the Board members of the company shallnot be less than 5 (five) and more than 20 (twenty).√1.2 (i)Independent Directors: At least one fifth (1/5) of the total number ofDirectors in the company’s Board shall be Independent Directors.√1.2 (ii) a)Independent Director does not hold any share or holds less than 1%shares of the total paid-up capital.√1.2 (ii) b)Independent Director or his family members are not connected withthe company's any sponsor or Director or Shareholder who holds 1%or more shares.√1.2 (ii) c)Does not have any other relationship, whether pecuniary or otherwise,with the company or its subsidiary/associated companies.√1.2 (ii) d)Independent Director is not a member, Director or officer of anyStock Exchange.√1.2 (ii) e)Independent Director is not a shareholder, Director or officer of anymember of Stock Exchange or an intermediary of the capital market.√1.2 (ii) f)Independent Director is not a partner or an executive or was not apartner or an executive during the preceding 3 (three) years of anystatutory audit firm.√1.2 (ii) g)Independent Director shall not be an Independent Director in morethan 3 (three) listed companies.√1.2 (ii) h)Independent Director has not been convicted by a court of competentjurisdiction as a defaulter in payment of any loan to a bank or aNon-Bank Financial Institution (NBFI).√1.2 (ii) i)Independent Director has not been convicted for a criminal offenceinvolving moral turpitude.√1.2 (iii)The Independent Director(s) shall be appointed by the Board ofDirectors and approved by the shareholders in the AGM.√1.2 (iv)The Post of Independent Director(s) cannot remain vacant for morethan 90 (ninety) days.√1.2 (v)The Board shall lay down a code of conduct of all Board membersand annual compliance of the code to be recorded.√23 •renata annual report 12
Page 1 and 2: Renata LimitedAnnual Report 2012
Page 3 and 4: ANNUAL GENERALMEETING 2011
Page 5 and 6: 12361015173132333539Company Profile
Page 7 and 8: Year of Incorporation1972 as Pfizer
Page 9 and 10: OurMissionTo provide maximumvalue t
Page 11 and 12: “Due to adverse developments onth
Page 13 and 14: FIGURE NO. 3Weekly Production of Da
Page 15 and 16: 9 •renata annual report 12
Page 17 and 18: Dr. Sarwar Ali, DirectorCurrent Res
Page 19 and 20: Md. Fayekuzzaman, DirectorCurrent R
Page 21 and 22: MANAGEMENT TEAMGeneral ManagerOpera
Page 23 and 24: Directors’Report17 •renata annu
Page 25 and 26: CAPITAL EXPENDITUREThe following ca
Page 27: ANNEXURE-I21 •renata annual repor
Page 31 and 32: ConditionNo.TitleCompliance StatusN
Page 37 and 38: ANNEXURE-VRENATA LIMITED FINANCIAL
Page 39: STATEMENT OF VALUE ADDITION2012 % 2
Page 42 and 43: At Renata, corporate social respons
Page 44 and 45: Photo: Granulation Suite PPF-2 •3
Page 46 and 47: PHARMACEUTICAL PRODUCTS:ANTIMICROBI
Page 48 and 49: Trade Name Generic Name Formulation
Page 58 and 59: Report on the Financial StatementsW
Page 60 and 61: RENATA LIMITEDSTATEMENT OF COMPREHE
Page 62 and 63: RENATA LIMITEDCASH FLOW STATEMENTFO
Page 64 and 65: expressed in terms of percentage of
Page 66 and 67: 2.10 Borrowing costThe company capi
Page 68 and 69: 3.9 Statement of Cash FlowsThe Stat
Page 70 and 71: 5.3 Depreciation for the year has b
Page 72 and 73: 10. Inventories2012 2011Taka TakaFi
Page 74 and 75: Classification of shareholders by h
Page 76 and 77: 18. Deferred tax liabilities2012 20
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21. Short term bank loanBank overdr
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25. Cost of salesAmount in Taka2012
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Purchase of raw materials involve 4
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29. Payments to directors and offic
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36. Related party disclosure:During
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•82
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Directors’ReportThe year 2012 was
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Renata Agro Industries LimitedSTATE
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Renata Agro Industries LimitedSTATE
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Renata Agro Industries LimitedNOTES
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The revenues are recognised under s
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7. INVENTORIESStocks:Parent stock-B
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14. BANK OVERDRAFTEastern bank ltd.
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18.2 Omega-3 ProjectSalaries & over
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•100
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Directors’ReportWhile Purnava’s
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Purnava LimitedSTATEMENT OF FINANCI
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Purnava LimitedSTATEMENT OF CHANGES
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Purnava LimitedNOTES TO THE FINANCI
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3. PROPERTY, PLANT AND EQUIPMENTFig
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Purnava LimitedSCHEDULE OF PURCHASE
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ConsolidatedFinancial Statements of
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RENATA LIMITED AND ITS SUBSIDIARIES
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RENATA LIMITED AND ITS SUBSIDIARIES
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6.a Consolidated capital work in-pr
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16.a Consolidated trade & other pay
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CORPORATE HEADQUARTERSPlot # 1, Mil
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RENATA LIMITEDPROXY FORMRevenueStam
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