It is a broadly described annual report of People’s Leasing And Financial Services Limited in the year of 2015. In the year ended on 31st December 2015, the total exposure of the Balance Sheet stood at BDT 28,828.17 million as compared to BDT 22,469.26 million as at December 31, 2014. Investment in shares was BDT 1,476 million (restated) as on December 31, 2014, which increased to BDT 2,120 million at the end of 2015. There was a growth of 30%. Deposits stood at BDT 1,1717.30 million as on 31.12.2014 opposite to BDT 16,258.76 million as on 31.12.2015. Capital & Shareholders’ equity stood at BDT 3,706.10 million as on December 31st, 2015 as compared to BDT 4,545.70 million as on December 31st, 2014. The Authorized Capital of People’s Leasing & Financial Services Limited is Tk. 5,000,000,000 divided into 500,000,000 ordinary shares of Tk. 10 each. The paid-up Capital of the Company is Tk. 2,854,405,970 divided into 285,440,597 nos. ordinary shares of Tk. 10 each. Net Profit before Tax Tk. 814.00 million. Net Profit after Tax for the year Tk. 840.00 million.
The Board of Directors has recommended NO DIVIDEND for the year ended 31st December 2015, subject to the approval of the shareholders in the 20th 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.
Annual Report of People’s Leasing And Financial Services Limited: