Finance

Annual Report 2012 of GrameenPhone Limited

Annual Report 2012 of GrameenPhone Limited

It is a broadly described annual report of GrameenPhone Limited in the year of 2012. During 2012, the Company contributed BDT 63.6 billion (BDT 6,359 Crore) to the National Exchequer. Since its inception till December 2012, GP contributed a total of BDT 308.8 billion (BDT 30,876 Crore) to the National Exchequer and remained one of the largest contributors for the last several consecutive years. GP earned BDT 9,192 Crore revenues in 2012 with a 3.2% rise, compared to the previous year. During the year, the Company has paid a total amount of BDT 252,320 as Board meeting attendance fees Net profit after taxes for 2012 was BDT 17.5 billion with 19.0% margin compared to BDT 18.9 billion with 21.2% margin of 2011. In 2012 GP invested BDT 12.6 billion (BDT 1,263 Crore) to retain its preferred network position. Total asset base increased by BDT 876 crore in 2012 compared to 2011, mainly due to the recognition of 2G license and spectrum, partly offset by reduced cash balance. GP also received the “Emerging Market Service Provider of the Year” award at the 2012 Frost & Sullivan Asia Pacific ICT Awards for the second time for its efforts in delivering exceptional business performance.

For the year ended December 31, 2012, the Board of Directors paid an Interim Cash Dividend @ 90% of the paid-up capital amounting to BDT 12,152,700,198 which was BDT 9 per share of BDT 10.00 each. Now, the Directors are pleased to recommend a Final Cash Dividend @ 50% of the paid-up capital amounting to BDT 6,751,500,110 which is BDT 5 per share of BDT 10.00 each out of the divisible profits of the Company for the year 2012 for consideration and approval of the Shareholders for distribution. Inclusive of the Interim Dividend of 90% paid already, this would make a cumulative total dividend @ 140% of the paid-up capital amounting to BDT 18,904,200,308 which was BDT 14 per share for the year 2012.

More Annual Report of GrameenPhone Limited:

  1. Annual Report 2004 of GrameenPhone Limited
  2. Annual Report 2005 of GrameenPhone Limited
  3. Annual Report 2006 of GrameenPhone Limited
  4. Annual Report 2007 of GrameenPhone Limited
  5. Annual Report 2008 of GrameenPhone Limited
  6. Annual Report 2009 of GrameenPhone Limited
  7. Annual Report 2010 of GrameenPhone Limited
  8. Annual Report 2011 of GrameenPhone Limited
  9. Annual Report 2012 of GrameenPhone Limited
  10. Annual Report 2013 of GrameenPhone Limited
  11. Annual Report 2014 of GrameenPhone Limited
  12. Annual Report 2015 of GrameenPhone Limited
  13. Annual Report 2016 of GrameenPhone Limited