H

HANGER
PLUS (B
BD) LTD
Share Holding
H
Po
osition:
Name of the Sha
areholders
s
YIM MUI HON
YU MO YUNG

% of Shareholdi
S
ing
51
49

Productts: Garmen
nts Hanger
Locatio
on: 196/197
7, DEPZ Exttn Area, Ga
angkbari, Sa
avar Dhaka
a
No of In
njection Molding
M
M/C: 10 noss
No of Moulds:
M
100 nos of va
arious cavityy
Producttion Capac
city: 250,0
000 pcs perr day
Future Plan: We want
w
to exp
pand its cap
pacity up to
o 500,000 p
pcs per dayy in 2013.
Total Area: 43,112 sft
Building
g Area: 38
8,000 sft

Faciliities in DEP
PZ

HA
ANGERS P
PLUS INDIIA (PVT) L
LTD
Share Holding
H
Po
osition:
areholders
s
Name of the Sha

% of Shareholdi
S
ing

MAK CH
HUNG PAK

65.74

YU MO YUNG

34.25

Locatio
on: Mahindrra Export Processing Z
Zone, Chennai, India
Total Area: 2.505 acres
Building
g Area: Bu
uilding 1- 40
0,100 sft, B
Building2- 66,661
6
sft
Fu
uture expan
nsion 8,680
0 sft
Utilities
s: 1000 KVA
A substatio
on is alreadyy installed with
w electriccal wiring for M/C
Banking
g: Standard
d Chartered
d Bank

acility in In
ndia
Our Fa

CORPORA
C
ATE OVE
ERVIEW

APPRO
OVER VEN
NDORS

RE
EGIONAL
L OFFICE CONTAC
CTS

ORGAN
NAIZONA
AL CHART
T ALL REGIONS

Reason
n for Capa
acity Exp
pansion
Mark
ket Demand: Exportt growth evvery year reflects
r
hug
ge demand
d for the Hanger
products in ove
erseas marrkets. Export in recen
nt year has increased about 80%
%. To
ensure availabillity of prod
ducts in ove
erseas marrket, the Ha
angers Pluss is prepariing to
incre
ease producction capaccity of its existing
e
pro
oducts. Hen
nce capacity
y expansion has
beco
ome manda
atory to grrab the big
gger marke
et. The existing capa
acity of per day
of its
production 200
0000 pcs and it will be 500000
0 pcs per d
day after expansion
e
capacity.

Fin
nanc
cial As
spectt

Hange
er Plus (BD
D) Ltd.
SUM
MMARY OF
F THE PRO
OJECT COS
ST AND MEANS OF F
FINANCE (EXPANSI
(
ION)
COS
ST OF THE PROJECT
P

To
otal

Loa
an

Equity
y

Items of
o Cost
Building
g
Machine
eries

7,000,000
9
99,300,000

7,00
00,000
84,,405,000

14,89
95,000

Duty, Va
at, Installatio
on

6,951,000

6,95
51,000

Furniturre & Fixture

1,500,000

1,50
00,000

Total Fixed
F
Cost

114
4,751,000

84,4
405,000

30,34
46,000

TOTAL PROJECT COST

C

114
4,751,000

84,4
405,000

30,34
46,000

MEANS
S OF FINAN
NCE
Source
e of Finance
e

To
otal

Equity
Sponsorrs' Contributtion towards
Fixed Co
ost

30,346,000

Total Eq
quity

Debt
Long Te
erm Loan fro
om Financial
Institution
Total De
ebt

Total Equity
E
& Loan

30,,346,000

8
84,405,000
84,,405,000
114
4,751,000

Hanger P
Plus (BD) Ltd
L
BALAN
NCE SHEET
T
Manage
ement
201
12

2013

Proje
ected
201
14

27,158,,397

13
37,663,003
3

115,316
6,510

95
5,970,016

97,715

97,715

97,715

97
7,715

27,256,,112

13
37,760,718
8

115,414
4,225

96
6,067,731

192,450
0,917

21
18,967,131
1

298,675
5,227

38
84,611,573
3

49,547,0
073

65,018,847

93,813,8
821

11
16,543,047

54,132,6
656

53,276,669

77,251,1
171

96
6,563,963

86,241,8
896

97,889,394

124,549,792

16
68,138,076

2,529,29
92

2,7
782,221

3,060,44
43

3,3
366,487

87,308,,156

11
11,539,352
2

143,765
5,899

17
72,570,819
9

14,927,1
191

52,015,078

75,051,0
057

93
3,234,438

72,380,9
965

54,285,723.75
5

62,428,5
582.31

71
1,792,869.66
6

5,2
238,550

6,286,26
60

7,5
543,512

105,142
2,761

10
07,427,780
0

154,909
9,327

21
12,040,754
4

132,398
8,873

24
45,188,498
8

270,323
3,552

30
08,108,485
5

Sharehold
ders' Equity

132,398
8,873

16
60,783,499
9

202,799
9,552

25
57,465,484
4

Share Cap
pital
Retained Earnings Ass per Profit & Loss
Account

95,000,0
000

95,000,000

95,000,0
000

95
5,000,000

37,398,8
873

65,783,499

107,799,552

16
62,465,484

84,405,000

67,524,0
000.00

50
0,643,000.00
0

24
45,188,499
9

270,32
23,552

308,108,484
4

Partticulars

2015

NET ASS
SETS:

Non-Currrent Assetts
Tangible Fixed Assetss - Property,, Plant &
Equipmen
nt
( At Co
ost Less Accu
umulated De
epreciation)
Preliminary Expensess

Net Non
n-current Assets
As
Total Cu
urrent Asse
ets
Inventorie
es
Trade Debtors
Advancess & Deposits & Paymentss
Cash & Cash Equivale
ents

Total Cu
urrent Liabi
bilities
Short Terrm Loan
Liabilities for Expense
es
Liabilities for Goods

Net Currrent Assetss

FINANCE
ED BY

Long Term
m Loan
T
Total

132,39
98,873

Hange
er Plus (BD
D) Ltd
INCOM
ME STATEM
MENT

HEAD OF
O ACCOUNTS
TUR
RNOVER (N
Net)
Cosst of Goods Sold
S

Managem
ment
2012

Projec
cted
2013

179,382,,725

29
95,981,496

201
14
429,17
73,170

2015
536,466,46
62

(146,663,31
16)

(240,810,545)

(347,458,,598)

(431,640,915))

GRO
OSS PROFIIT

32,719,409
9

55,1
170,951

81,714,5
571

OPE
ERATING EXPENSES
E

(4,765,561
1)

(17,166,927)

(25,750,,390)

(3
32,724,454
4)

104,825,54
47

Adm
ministrative expenses
e

2,959
9,484

9,323,417

14,806,47
74

20
0,117,492

Selling And disttribution exp

penses
Pro
ofit Before Financial
exp
penses

1,806
6,077

7,843,510

10,943,91
16

12
2,606,962

Fina
ancial expenses
NET
T PROFIT BEFORE
B
TA
AX

27,953,848
8

38,0
004,024

55,964,1
181

72
2,101,092

(6,308,481)

(9,61
19,399)

(13,948,1
128)

(17,435,160)

21,645,367
7

28,3
384,625

42,016,0
053

54
4,665,932

28,3
384,625

42,016,0
053

54
4,665,932

Provvision For In
ncome Tax
NET
T PROFIT AFTER
A
TAX

21,645,367
7

Hangerr Plus (BD) Ltd

Cash F
Flow Statem
ment
ITEMS

Man
nagement
2012

Pro
ojected
2013
3

2014

2015

Cash
h Flow From
m Operating
ng Activitiess
21,6
645,367

28,384,62
25

42,0
016,053

54,665,93
32

Depre
eciation & Write
W
Off

8,993
3,387

9,746,394

22,3
346,494

22,346,494

(Incre
ease)/Decrease in Stock
k

(1,06
69,777)

(15,471,774
4)

(28,,794,974)

(22,729,226
6)

(Incre
ease)/Decrease in Trade
e Debtors

(23,6
693,322)

855,987

(23,,974,501)

(19,312,793
3)

(Incre
ease)/Decrease in Advan
nce & Depossits

10,72
23,557

(11,647,498
8)

(26,,660,398)

(43,588,284
4)

Increase/(Decrea
ase) in Liabilities for Expe
ense

321,6
665

(18,095,241)

8,14
42,859

9,364,287

5,238,550

1,04
47,710

1,257,252

(988,958))

(5,8
876,758)

2,003,663
3

EBIT
T
Adjustment :

Increase/(Decrea
ase) in Liabilities for Goo
ods

Net Cash
C
Provid
ided By Ope
erating
Activ
vities

16,9
920,877

Cash
h Flow From
m Investing
g Activitiess
Prelim
minary Expen
nses

97,719

Purch
hase of Fixed
d Assets

(5,95
59,779)

(120,251,00
00)

Net Cash
C
Used By Investiing Activitie
ies
Cash
h Flow From
m Financing
g Activitiess

(5,862,060)

(120,251,000)

(3,000,000
0)

(9,51
12,721)

37,087,887
7

23,0
035,979

18,183,381

84,405,000
0

(16,,881,000)

(16,881,000
0)

121,492,8
887

6,15
54,979

1,302,381
1

278
8,222

306,044

2,78
82,221.16

3,060,443

3,06
60,443

3,366,487
7

(3,000,000))

Share
e Capital
Work
king Capital Loan
L
Term
m Loan :
Term Loan

Net Cash
C
From Financing Activities
Total Inflow/(O
Outflow)
Opening Cash/Ba
ank Balance
Closiing Cash/B
Bank Balanc
ce

(9,512,721)

1
1,546,096 252,929
983,196

2,529,292

2
2,529,292 2,782,221
1

H
Hanger
Plus (B
BD) Ltd.
Prop
perty, plant and equipment
F 2012
For

Cost
Addition
made
during
the year

Balance
as at
31.12.2012
2

Rate
of
dep.

P
Particulars

Balance
e
as at
01.01.2012

Balance
B
as at
01..01.2012

F
Factory
Building
g & Transformerr

15,200,000

15,200,000

10%

9,242,893

F
Factory
Equipm
ment

736,398

736,398

10%

458,618

M
Mould
& Insurts
s

46,206,530

4,107,403

50,313,933

10%

M
Machinery

19,132,715

19,132,715

A Condition
Air

299,000

C
Computer
Equip
pment

453,500

M
Motor
Vehicle

Deprreciation
Ch
harged
Ballance
during
as
s at
the
e year 31.12.2012

Wrritten
down
n value
as at
31.12.2012

1,52
20,000

10,76
62,893

4,437
7,107

73,6
640

532,2
258

204,140

27,833,149

4,62
20,653

32,45
53,802

17,86
60,131

10%

16,123,333

1,91
13,272

18,03
36,605

1,096
6,111

299,000

10%

226,948

29,9
900

256,8
848

42,15
52

52,925

506,425

15%

258,100

68,0
025

326,1
125

180,3
300

4,690,000

4,690,000

10%

2,872,998

469
9,000

3,341
1,998

1,348
8,002

O
Office
Decoratio
on

720,934

1,278,950

1,999,884

20%

620,722

144
4,187

764,9
909

1,234
4,975

O
Office
Equipment

185,700

34,527

220,227

20%

156,120

37,1
140

193,2
260

26,96
67

E
Electrical
Equipment

672,975

27,550

700,525

15%

330,403

100
0,946

431,3
349

269,176

O
Others

110,830

450,000

560,830

15%

84,869

16,6
625

101,4
494

459,3
337

88,408,582

5,959,779

94,359,937

8,99
93,387

67,20
01,540

27,15
58,397

To
otal

58,208,153

F 2013
For

Cost

Depre
eciation
Ba
alance
Cha
arged
Bala
ance
Rate
a
s
at
dur
ring
as
at
of
01.0
01.2013
the
year
31.12.
.2013
dep.

Balance
as at
01.01.2013

Addition
made
during the
year

Balance
as at
31.12.2013
3

F
Factory
Building
g&
Transformer
T

15,200,000

7,000,000

22,200,000

10%

10,7
762,893

F
Factory
Equipm
ment

736,398

736,398

10%

5
532,258

M
Mould
& Insurts
s

50,313,933

50,313,933

10%

M
Machinery

19,132,715

106,251,000

125,383,715

A Condition
Air

299,000

500,000

C
Computer
Equip
pment

506,425

M
Motor
Vehicle

P
Particulars

Writte
en down
value
e as at
31.12
2.2013

1,520
0,000

12,282
2,893

9,917,1
107

73,64
40

605,89
98

130,500

32,4
453,802

5,031,393

37,485
5,195

12,828,738

10%

18,0
036,605

1,913
3,272

19,949
9,876

105,433,839

799,000

10%

2
256,848

29,90
00

286,74
48

512,252

506,425

15%

3
326,125

75,96
64

402,08
89

104,336

4,690,000

4,690,000

10%

3,3
341,998

469,0
000

3,810,9
998

879,002

O
Office
Decoratio
on

1,999,884

1,999,884

20%

7
764,909

399,9
977

1,164,8
886

834,998

O
Office
Equipment

220,227

5,000,000

5,220,227

20%

193,260

44,04
45

237,30
05

4,982,9
922

E
Electrical
Equipment

700,525

1,500,000

2,200,525

15%

4
431,349

105,0
079

536,42
28

1,664,0
097

O
Others

560,830

560,830

15%

101,494

84,12
25

185,618

375,212

9,746
6,394

76,947
7,934

137,663,003

Tottal

94,359,937

120,251,000

214,610,937

67,2
201,540

F 2014
For

Cost
P
Particulars

Balance
as at
01.01.2014

Addition
made
during the
year

Balance
as at
31.12.2014
4

Ba
alance
Rate
a
s at
of
01.2014
dep. 01.0

F
Factory
Building
g&
Transformer
T

22,200,000

22,200,000

10%

12,2
282,893

F
Factory
Equipm
ment

736,398

736,398

10%

6
605,898

M
Mould
& Insurts
s

50,313,933

50,313,933

10%

M
Machinery

125,383,715

125,383,715

A Condition
Air

799,000

C
Computer
Equip
pment

506,425

M
Motor
Vehicle

Depre
eciation
Cha
arged
Bala
ance
durring
as at
the year 31.12..2014

Writte
en down
value
e as at
31.12
2.2014

2,220
0,000

14,502
2,893

7,697,1
107

73,64
40

679,53
37

56,861

37,4
485,195

5,031,393

42,516
6,589

7,797,3
344

10%

19,9
949,876

12,53
38,372

32,488
8,248

92,895,468

799,000

10%

2
286,748

79,90
00

366,64
48

432,352

506,425

15%

4
402,089

75,96
64

478,05
53

28,373

4,690,000

4,690,000

10%

3,8
810,998

469,0
000

4,279,9
998

410,002

O
Office
Decoratio
on

1,999,884

1,999,884

20%

1,164,886

399,9
977

1,564,8
862

435,022

O
Office
Equipment

5,220,227

5,220,227

20%

2
237,305

1,044
4,045

1,281,3
351

3,938,8
876

E
Electrical
Equipment

2,200,525

2,200,525

15%

5
536,428

330,0
079

866,50
07

1,334,0
018

O
Others

560,830

560,830

15%

185,618

84,12
25

269,74
43

291,088

214,610,937

214,610,937

22,34
46,494

99,294
4,427

115,316,510

Tottal

76,9
947,934

F 2015
For

Cost
P
Particulars

Balance
as at
01.01.2015

F
Factory
Building
g&
Transformer
T

22,200,000

F
Factory
Equipm
ment

736,398

M
Mould
& Insurts
s

50,313,933

M
Machinery

Addition
made
during the
year

Balance
as at
31.12.2015
5

Depre
eciation
Ba
alance
Cha
arged
Bala
ance
Rate
as at
durring
as at
of
01.2015 the year 31.12..2015
dep. 01.0

22,200,000

10%

14,5
502,893

936,398

10%

6
679,537

50,313,933

10%

125,383,715

125,383,715

A Condition
Air

799,000

C
Computer
Equip
pment

506,425

M
Motor
Vehicle

4,690,000

O
Office
Decoratio
on

1,999,884

O
Office
Equipment

Writte
en down
value
e as at
31.12
2.2015

2,220
0,000

16,722
2,893

5,477,1
107

73,64
40

753,17
77

183,221

42,5
516,589

5,031,393

47,547
7,982

2,765,9
951

10%

32,4
488,248

12,53
38,372

45,026
6,619

80,357,096

799,000

10%

3
366,648

79,90
00

446,54
48

352,452

300,000

806,425

15%

4
478,053

75,96
64

554,016

252,409

2,500,000

7,190,000

10%

4,2
279,998

469,0
000

4,748,9
998

2,441,0
002

1,999,884

20%

1,5
564,862

399,9
977

1,964,8
839

35,045

5,220,227

5,220,227

20%

1,2
281,351

1,044
4,045

2,325,3
396

2,894,8
831

E
Electrical
Equipment

2,200,525

2,200,525

15%

8
866,507

330,0
079

1,196,5
586

1,003,9
940

O
Others

560,830

560,830

15%

2
269,743

84,12
25

353,86
67

206,963

22,34
46,494

121,64
40,921

95,970,016

Tottal

214,610,937

200,000

3,000,000

217,610,937

99,2
294,427