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KYCR Coil Industries Ltd. - Dhaka Stock Exchange

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12 GENERAL RESERVE<br />

31-Oct-10 31-Dec-09<br />

Taka Taka<br />

Opening Balance 202,085,763 -<br />

Addition during the Period - 202,085,763<br />

Transferred to Share Capital (202,085,763) -<br />

Taka - 202,085,763<br />

13 REVALUATION RESERVE<br />

Opening Balance as on 01.09.2010 1,446,528,614 -<br />

Charged during the year (15,952,012) -<br />

Taka 1,430,576,602 -<br />

i) Revaluation of Company's assets were carried out by Shafiq Basak & Co, Chartered Accountants<br />

following Market value Method of Valuation as on 31 August 2010 & submitted their report on 20<br />

September 2010. Revaluation surplus has been credited to Revaluation Reserve account.<br />

14 LONG TERM LOAN<br />

Due within one year - 126,220,207<br />

Taka - 126,220,207<br />

a) Eastern Bank <strong>Ltd</strong>., Agrabad Branch<br />

Due within one year - 61,720,258<br />

Tk - 61,720,258<br />

b) South East Bank <strong>Ltd</strong>., Khatungonj Branch<br />

Due within one year - 10,467,249<br />

Tk - 10,467,249<br />

c) National Credit and Commerce Bank <strong>Ltd</strong>., Agrabad Branch<br />

Due within one year - 32,596,173<br />

Tk - 32,596,173<br />

d) Dutch Bangla Bank <strong>Ltd</strong>., Agrabad Branch<br />

Due within one year - 21,436,527<br />

Tk - 21,436,527<br />

15 CREDITORS AND ACCRUALS<br />

For Other finance - note 15.1 2,848,658 2,249,205<br />

For Supplies expenses - note 15.2 69,704,757 4,588,106<br />

For Revenue expenses - note 15.3 41,961,281 6,250,365<br />

Taka 114,514,696 13,087,676

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