Financial Statement Analysis of

PRAN-RFL GROUP LIMITED

Prepared for:
Prof. Md. Abu Taleb
Course Instructor
Department of Banking and Insurance
University of Dhaka
Prepared by:
Sandy Xavier Corraya
ID: 51428011
Batch: 28th
PRAN-RFL Group At a glance
PRAN: Operation started at 1980, as fruits and vegetables processor.
PRAN RFL merger completion: 1981.
Objective of the study
Main Objective:
to analyze the financial statement of PRAN-RFL Group.
Secondary Objectives:
To identify the present financial system of PRAN-RFL Group in Bangladesh.
To analyze the balance sheet items of PRAN-RFL Group in Bangladesh.
To generate financial ratios from the balance sheet information and analyze
the financial ratios.
To prescribe appropriate recommendation and suggestion to overcome
existing problems of PRAN-RFL Group.
 Horizontal Analysis:
Income Statement
For the Year of 2012 For the Year of 2013
Horizontal Analysis & 2013 & 2014
Amount Percent Amount Percent
Sales 75363373 5.10% 172770833 11.11%
Cost of Goods Sold 57446835 4.99% 144405513 11.95%
Gross Profit 17916538 5.47% 28365320 8.21%
Operating Profit 524578 0.75% 3657301 5.18%
Profit Before Taxation 608733 0.91% 3060462 4.52%
Profit After Taxation 2612293 5.00% 594226 1.08%
 Vertical Analysis
Percent Percent Percent
For the
For the year of year of For the year of
2012 2013 2014
Assets:
Property, Plant & Equipment 18.81% 17.34% 18.48%
Current Assets 40.60% 41.33% 40.76%
Inventories 27.89% 28.46% 27.87%
Accounts Receivable 3.11% 3.01% 4.05%
Advance, Deposits & Prepayments 7.62% 8.60% 7.98%
Cash & Cash Equivalents 1.98% 1.26% 0.86%
Shareholders Equity and Liabilities
Shareholders equity: 22.28% 23.67% 26.33%
Share Capital 4.17% 4.14% 4.32%
Share Premium 2.09% 2.07% 2.16%
Reserve & Surplus 16.02% 17.45% 0.87%
Long Term Loans-Secured 5.90% 4.43% 2.31%
Current Liabilities: 29.77% 29.28% 29.26%
Ratio Analysis
2013-2014 2014-2015

Return on Assets 3.88% 4.58%

Return on Equity 11.33% 12.23%

Net Profit Margin 3.45% 3.53%

Gross Profit Margin 21.80% 22.16%

Ratio Analysis
2013-2014 2014-2015

Current Ratio 1.26 1.36

Debt Ratio 63.31 60.03

Asset Turnover Ratio 1.12 1.3

Equity Ratio 56.86 65.27

Conclusion