Classification of shareholders by holdings:No. of holders No. of holders Number of No. of total % of totalHoldings as per folio as per BOID total holders share holdings holdings2012Less than 500 shares 242 1,789 2,031 198,934 0.70%501 to 5000 shares 68 257 325 526,972 1.87%5,001 to 10,000 shares 24 34 58 412,798 1.46%10,001 to 20,000 shares 6 32 38 542,270 1.92%20,001 to 30,000 shares 5 6 11 274,597 0.97%30,001 to 40,000 shares - 5 5 175,473 0.62%40,001 to 50,000 shares - 5 5 225,061 0.80%50,001 to 100,000 shares 2 4 6 392,286 1.39%100,001 to 1,000,000 shares - 9 9 2,768,623 9.80%Over 1,000,000 shares 2 2 4 22,724,861 80.47%349 2,143 2,492 28,241,875 100.00%•68
15. Revaluation surplusThe freehold land and buildings were revalued by a firm of professional valuers in the year 1995 and the resulting increase invalue of Tk 220,423,329 has been shown as revaluation surplus. The breakup of revaluation is as follows:2012 2011Taka TakaLandBuildings179,132,07831,412,003210,544,081179,132,07832,047,888211,179,966Less: Depreciation charged during the year on revaluation of buildingsLess: Adjustment of deferred tax on revaluation surplus(635,885)209,908,19651,952,279157,955,917(635,885)210,544,08152,109,660158,434,42116. Retained earningsOpening balanceTotal comprehensive income for the yearTax holiday reserveStock dividend issuedCash dividend paidTax holiday reserve reversedDepreciation adjustment on revalued assetsClosing balance3,442,795,0361,247,275,330(75,165,779)(56,483,750)(135,561,000)-635,8854,423,495,7222,512,438,1791,090,634,041(74,068,593)(45,187,000)(108,448,800)66,791,324635,8853,442,795,03617. Deferred liability-staff gratuityThe Company operates an unfunded gratuity scheme for its employees. Provision for gratuity is charged to profits annuallyto cover obligations under the scheme on the basis of an estimate made by the management of the Company to maintain fullprovision at the balance sheet date. The break-up of accumulated provision for gratuity is as follows:Opening balanceAdd: Provision made during the yearLess: Paid during the yearClosing balance149,138,82640,058,988189,197,81413,831,531175,366,283138,540,45728,330,992166,871,44917,732,623149,138,82669 •renata annual report 12
Change language