It is a broadly described annual report of Union Capital Limited in the year of 2012. In 2012, UCL achieved a operating revenue of Taka. 1,148.00 million compared to Taka. 1,208.52 million slightly lower than the previous year. The total asset of the Group as on 31st December 2012 was Taka. 10,495.34 compared to Taka. 9,892.53 of 2011 registering a growth of 6.10 percent. Shareholders’ equity decreased to Tk. 1,868.91 million from Tk. 1,907.34 million in 2011. Profit before Tax for 2012 was Tk. 108.69 million. Consolidated net profit after tax for the year was Tk. 56.72 million as against Tk.178.28 million in 2011. Earnings per share decreased to Tk. 0.54 as against Tk. 1.70 of 2011.
The Board of Directors in its meeting held on 28th February 2013 recommended @5% stock dividend i.e. 5 Ordinary Shares for every 100 shares held for the year 2012 to its shareholders for approval in this AGM. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
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