It is a broadly described annual report of Union Capital Limited in the year of 2015. In 2015, The Company’s Investment in the Group increased to Taka. 17,264.85 million from Taka. 16,227.71 million registering a moderate growth of 6.39 percent. Net profit before tax for 2015 was Tk. 484.56 million, which is 8.04 percent higher than the previous year. Consolidated net profit for the year was Tk. 234.15 million as against Tk. 199.99 million in 2014 with a noteworthy growth of 17.08 percent. Interest income increased to Tk. 2,027.27 million from Tk. 1,914.92 million with a moderate growth of 5.87 percent compared to previous year. Shareholders’ equity increased to Tk. 2,493.93 million from Tk. 1,807.18 million in 2014 with the noteworthy growth of 38.00 percent. Consolidated earnings per share decreased to Tk. 1.40 as against Tk. 1.50 of 2014.
The Board of the Directors of the company has recommended a. the cash dividend of BDT 0.50 per share (5 percent per share of BDT 10 each) amounting to BDT 66,495,142 and a stock dividend (bonus share) of BDT 0.70 per share (7 percent per share of BDT 10 each) amounting to BDT 93,093,198 in its 217th Board Meeting dated 21st March 2016. 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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