Keya Cosmetics 2011 Annual Report

111
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R e p 0 1' t
2010-11
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U K A S
I("MC an ISO certified company
Cosmetics Ltd.
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Our Mission
Care you in befitting manner with
Our Continuous Improved Products
That feels you better.
Our Objectives '
"No compromise with Quality" is our key objective

We are passionate to serve high quality Cosmetics &
Toiletries, Detergent Powders, Glycerin products and
Soap Noodles (Sodium Salt of Palmitic Acid), the
major Raw Materials of Beauty and Laundry Soap
within an affordable price. We are committed to serve
our best towards the stakeholders.
94eyU, Cometic Ltd.

Annual Report 2010-11

Distributing Satisfying
success, customers,
Our key Our primary
/
focus
initiative
Cosmetics Ltd.

Table of Contents Page
Letter of Transmittal 4
Notice of the 1 5th Annual General Meeting 5 ]
[ Corporate Milestones 6 ]
Corporate Directory 7
[Information of Share 8 j
[ Products Overview ____9 iJ
Welcome Message from the Chairman
[[ ckuk q kcm
14 J
tt 14 J
Picture Gallery - Few Events of 1 4th AGM 17 J
r Graphical Presentation of the Financial Hjgjjghts 18 J
Performance at a Glance 19
Performance Indicators - 20j
[ Corporate Social Responsibility 21]
[ Directors' Report to the Shareholders 23
Doing What Right 29-7
[ Environmental Role 29
Sustainabil ity/CorporateSocialResponsibility 29
-EmploymentandNature 29
-HealthandSocialneeds 29]
- Sport and Culture 29
[ Employment Practices 29 J
Procurement and Distribution 30
4 [ Front View of Factory & Few Snaps on Production Process
[_Compliance Report
30
32]
[ Report of the Audit Committee - 34
Financial Statements:
Auditors' Report 37 ]
Statement of Financial Position 38j
Statement of Comprehensive Income 39 J
L ments of Cash Flows 40]
Statement _of_Changes _in_Equity
Notes to the Financial Statements 42
Schedule of Fixed Assets 581
Proxy Form 59
9eya Comtics lid.

Letter of Transmittal
September 15,2011
The
All Shareholders
Securities & Exchange Commission
Registrar of Joint Stock Companies & Firms
Dhaka Stock Exchange Ltd.
Chittagong Stock Exchange Ltd.
Subject: Annual Report for the year ended June 30,2011.
Dear Sir(s)
We are pleased to enclose a copy of the Annual Report together with the Audited Statement of
Financial Position including Statement of Comprehensive Income, Statement of Cash Flows, Statement
of Changes in Equity for the year ended June 30,2011 along with notes thereon for your record.
Yours sincerely
nn
Notice of the 15th Annual General Meeting

Notice is hereby given that the 15th Annual General Meeting of Keya Cosmetics Limited will be held on Friday, 30th
September, 2011 at 11:00 a.m. at the Factory Premises of Keya Knit Composite Ltd. at Jarun, Konabari, Gazipur to
transact the following business:
General Agenda:
1. To receive, consider and adopt the Statement of Comprehensive Income of the Company for the year ended 30
June, 2011 and the Statement of Financial Position as at that date together with the reports of the Directors and
the Auditors thereon;
2. To declare Dividend for the year ended 30 June, 2011 as recommended by the Board of Directors;
3. To elect Directors;
4. To appoint Auditors of the Company for the term until the next Annual General Meeting and to fix their
remuneration;
5. Totransaction any other business with the permission of the Chair;
Special Agenda:
6. To Increase of Authorized Share Capital of the Company;
7. To Split of Market Lot of Share of the Company.
By Order of the Board of Directors
Syed Noorul Alam

Executive Director (Finance) &

Company Secretary Dated: 2lst August, 2011
Notes:
The Board of Directors recommended for payment of 21% Stock Dividend on existing 61,152,474 ordinary share holdings
of the general public and sponsors group.
The Board of Directors declared right shares @ 100% (i.e. 01 right share for 01 existing share) of Tk.10.00 each at an issue
( price Tk.30.00 per share (including a premium of Tk.20.00 each) subject to the approval of shareholders in the AGM and
regulatory authority and another record date for entitlement of the proposed right shares to be notified later after
obtaining approval from SEC.
The Record Date of the company is 8th September, 2011. Trading of the company's shares in the stock exchanges will
remain suspend on the Record Date. Members, whose names will appear at the close of business on the Record Date, will be
eligible to entitle Dividend, attend the 15th Annual General Meeting and vote thereat;
Any member of the company entitled to attend and vote at the Annual General Meeting may appoint any person as his/her
Proxy or Attorney to attend and vote on his/her behalf. A Member being a corporation or company may appoint its
representative duly appointed and authorized to attend and vote on its behalf.The proxy form or power of attorney or letter
of authority as the case may be duly signed and revenue stamp oflk.1 0.00 must be submitted at the Registered Office of the
Company at least 48 hours before the time fixed for the meeting;
Admission to the meeting place will be strictly on production of the attendance slip sent with the Notice;
If any shareholder failed to receive Annual Report 2010-11 of the Company which has sent through courier is advised to
collect the same from Share Division situated at Navana Tower, (14th Floor), 45 South Gulshan Avenue, Gulshan-1, Dhaka-
1212 within 25th September, 2011. No claim for Annual Report or attendance slip will be entertained at the time of
Annual General Meeting.
ci'Ic i1i n i. ir ct ___

511IJTh 1 1t1 WtC IJ1 Qflf n"
Cumetics Ltd.
Corporate Milestones:

Incorporated as a Private Ltd. Company in the year 1996

Commercial Production started in the year 1997

Converted into Public Ltd. Company in the year 1999

Initial Public Offering (IPO) 2001
Stock Exchange Listing:

Dhaka Stock Exchange Limited 2001

Chittagong Stock Exchange Ltd. 2001
.
Present Status Public Limited Company
Authorized Capital in Taka Tk.700,000,000.00
Paid-up Capital in Taka Tk.6 11,524,740.00
Number of Shares 61,152,474 (as on 30.06.2011)
Number of Shareholders 12,407 (as on record date)
Business Lines Manufacturing and Selling Cosmetics & Toiletries Products.

Turnover (net) in Taka 2,409.78 million
Export Outlets India, Bhutan, Saudi Arabia, Nepal & Kuwait.
Head Office & Factory Jarun, Konabari, Gazipur.

Ph: +880-2-9297779, 9297766, 9297029
Fax: + 880-2-9297778
Website : www.keyagroupbd.com
E-mail: kgroup@keya-bd.com
Liaison Office Navana Tower,

45, South Gulshan Avenue,
(I 41h Floor), Gulshan-1,
Dhaka-1212.
Ph: +880-2-9896973, 9899537, 9899326
Fax: +880-2-8831032
E-mail: keyacosmeticskeya-bd.com
Comtic Ltd.
Corporate Directory
Board of Directors
Chairman
Mr. Abdul Khaleque Pathan
Managing Director
Mrs. Khaleda Pervin
Directors
Mrs. Feruza Beg urn
Mr. Masum Pathan
Alhaj Md. Akkas All Pathan (Rep.of Keya Knit Composite Ltd.)
Independent Director
Mr. M.Anwarul Ghani
Executive Director (Finance) &

Company Secretary
Syed Noorul Alam
Deputy General Manager (A&F) &

Deputy Company Secretary
Mohammed Mofizul Islam
Audit Committee Auditor

Mrs. Khaleda Pervin G. Kibria & Co.
Mr. Masum Pathan Chartered Accountants
Mr. M. Anwarul Ghani
Mohammed Mofizul Islam Legal Advisor
Mr. Nitai Ray Chowdhury
Executive Committee Tax Advisor
Alhaj Md.Akkas All Pathan Mr. Debasis Roy Chowdhury
Syed Noorul Alam Chowdhury & Associates
Mr. Md. Anamul Haque Barrister-at-Law, Advocate
Mr. Md. Homaun Kabir Bangladesh Supreme Court
Mr. ABM Golam Mostafa Munshi
Management Committee Corporate Affairs &
Mr. Md. Anamul Haque Share Management
Mrs. Shahrina Nasri Syed Nurool Alam
Mr. Md. Faizuddin Mohammed Mofizul Islam
Mr. Md. Homaun Kabir Md. Noor Hossain
Mr.ABM Golam Mostafa Munshi Md. Robiul Awal
Mr. Parimal Kumar Pramanik
Mr. Kazimuddin
Mr. Mohammed Mofizul Islam
Cumtic Ltd.
Information of Share
1. Name of the Company Keya Cosmetics Limited.
2. Total No. of Securities 61,152,474 ordinary shares
3. No. of Securities held by Sponsors 20,531,123 shares (33.57%)
4. No. of Securities held by General Public 40,621,351 shares (66.43%)
5. Face Value of Share Tk.1 0.00
6. Market Lot 500 nos. I
7. Listing Date September 16,2001.
8. Listing with Dhaka Stock Exchange Ltd.&

Chittagong Stock Exchange Ltd.
9. Trading ID KEYACOSMET
10. BOISIN BD0477KECOS5
11. Share Category 'A
12. Business Segment Pharmaceuticals & Chemicals
13. Earnings Per Share Tk.4.39 (30.06.2011-Amalgamated)
14. Net Asset Value Per Share Tk. 25.04 (30.06,2011 - Amalgamated)
15. Net Operating Cash Flow Per Share Tk.2.50 (30.06.2011)
16. Share Price as on 30.06,2011 DSE - 1k. 87.00 per share

CSE Tk.86.70 per share
17. Range of Share Price
(1 st July 2010 to 30 June 2011) Highest - Tk. 168.00 per share
Lowest - Tk. 64.00 per share
18. Share Liaison Office Navana Tower,
45, South Gulshan Avenue,
(14th Floor), Gulshan-1, Dhaka-1 212.
Ph: +880-2-9896973,9899537,9899326
Fax: +880-2-8831032
E-mail: keyacosmetics@keya-bd.com
Cometicg lid.
Products Overview
Keya Cosmetics Ltd., a reputed name in the cosmetics & toiletries products manufacturing & selling sector in the
country. We started our business in the year 1996 as a Private Ltd. Company and soon grew into prominence by the
virtue of our distinguished quality products and customer friendly approaches. Keeping all our efforts concentrated
upon product development, quality control and standardization, we nurture a philosophy of continuous
improvement at our unit. All our products are derived though rigorous research and each of them is incorporated
with globally recognized quality norms.That's why clients from all over the world rely upon as a brand synonymous
to trust, reliability and innovative products. Products overview are presenting below:
Existing Products:
1.Keya Super Beauty Soap:

Weight Size 125 gm, 100 gm, 75 gm, 50gm,
35gm & 25gm
Color Pink, White, Green, Lemon
Ingredients Sodium Palmitate, Sodium Palm
r. Kernelate or Cocoate, Cocola Butter,
Aqua, Perfume, EDTA, HEDP, Glycerin,
Colour & C.l 77891
Export Country India, Bhutan & Kingdom of Saudi Arabia
2.Life Guard Soap:
Weight Size 100gm

Color Red
Kernelate or Cocoate, Aqua, Perfume,
EDTA, HEDP,Glycerin,TCC,C.l 77891,
C.l 11680&C.1 26100
Export Country India & Bhutan
3.Keya Glycerin Laundry Soap:
Weight Size 130 gm

Color Green & Yellow
Ingredients Sodium Palmitate, Sodium Palm,
Kernelate or Cocoate, Perfume,
Glycerin & Colour
Export Country Bhutan
4.Keya Power Ball Soap:
Weight Size 130 gm
Color White
Kernelate or Cocoate, Perfume, Glycerin
Export Country Bhutan
9eya Cametics Ltd.

5.Keya Prickly Heat Powder:

Weight Size : 100gm
Color : White
Ingredients : Purified Talc, Calcium Carbonate,
Magnesium Carbonate,
Menthol, Perfume, Boric Acid &
Irgasan DP-300
6. Keya Ice Magic Body Cooler Powder:
Weight Size 100gm

Color
White
Ingredients Perfumed Talc, Magnesium Carbonate,

CE MAG
Menthol, Perfume & Boric Acid
7. Keya Natural Care Shampoo

Weight Size : 100 ml, 35 ml & 7 ml
Color : Black
Ingredients : SLES, Cocamide DEA,
Dimethicone Emulsion, D-panthenol,
Tetra sodum EDTA, Sun Flower Exract,
Amla Extract, Color, Perfume & Aqua
C
8. Keya Dandruff Control Shampoo

Weight Size : 100ml&5m1
Color : Sky Blue
Ingredients : SLES, Cocarnide DEA,
Dimethicone Emulsion, D-panthenol,
Tetra sodum EDTA, Zinc pyrithione,
Color, Perfume & Aqua
6J 9'yL Cametieg

9.Keya Active Tooth Paste:

. Weight Size 200 gm, lOOgm&45gm
- Color : White
Ingredients : PPT Calcium Carbonate, Sorbitol, SMEP,
Synthetic Silica, Sodium Saccharine, SLS,
Triclosan, Flavour & Aqua
10.Keya Super Saloon Lather Shaving Cream:
---
Weight Size 100 gm
I A LooN 1
suavi1 ClEAN
Color
Ingredients
: White
: Stearic Acid, Coconut Oil, Glycerine,
Potassium Hydroxide, Perfume &
Empicol
11.Keya Lather Shaving Cream:
Weight Size : 50 gm
Color : White
Ingredients : Stearic acid, Coconut Oil, Glycerin, Boric Acid,
Potassium hydroxide, Perfume & Empicol
% , ___
12.Keya 777 Laundry Soap

Weight Size : 130 gm
Color : Red
Ingredients : Sodium Palmitate, Sodium Palm
Kernelate or Cocoate, Perfume &
Glycerin Colour
13.Keya Refined Coconut Oil:

Weight Size : 400 ml, 200 ml, 100 ml &45m1
Color : Natural
Ingredients : Pure Coconut Oil
14.Keya Petroleum Jelly:

Weight Size : 50m1&15m1
Color : White
_.; - Ingredients Liquid Paraffin,
1 . White Petroleum Jelly & Perfume
.., . ....
9Seya Cometic Ltd.

15.Keya Lip-gel:
Weight Size : 10gm&6gm
Color : Pink
Ingredients : Liquid Paraffin,
White Petroleum Jelly & Perfume
16.Keya Glycerin:
Weight Size 125gm&60gm
Color Natural
Ingredients : Refined Glycerine I
17. Keya Pomade:

Weight Size 50 ml
Color : Orange Yellow Colour
Ingredients : White Petroleum Jelly,
Colour, Liquid Paraffin & Perfume
Keya Lemon Detergent Powder:

Weight : 30gm,200gm,500gm&1000gm.
Ingredients : Sodium LAS, Sodium Carbonate, Calcium
9ceya Carbonate, Perfume & Colour.
Export Country: India.
LEMON DETERGENT
POWDER
Keya White Plus Detergent Powder:

Weight : 450gm,180gm&22gm.
Ingredients : Sodium LAS, Sodium Carbonate, Geolite,
Tinapol CBS-X, SCMC, Colored Bentonite, Perfume, Aqua.
Export Country: India.
Cometic g Ltd.
Keya Super Excel Detergent Powder:

Weight : 20 gm & 500 gm.
Ingredients : Sodium LAS, Non-Ionic Matter, Sodium Carbonate
(light), Sodium Sulphate Anhydrous, Zeolite, CMC,
Sodium Tripoli, Phosphate, Sodium Silicate (Powder),
Optical Brightening Agent, Enzyme, Tetrabenzo-
tetrazaporphoine derivative Perfume.
Keya Super Jet Detergent Powder:

Weight : 20gm,50gm,225gm,450gm & 1000gm.
Ingredients : Sodium LAS, Non-Ionic Matter, Sodium Carbonate
(light), Sodium Sulphate Anhydrous, Zeolite, CMC,
Sodium Tripoli, Phosphate, Sodium Silicate (Powder),
Optical Brightening Agent & Perfume.
Keya Soap Noodles (Sodium Salt of Palmitic Acid)

Weight : 25 kg pack
Speification : TFM 78% (mim),TFM 74% (mim),TFM 70% (mim),TFM
68% (mim) &TFM 66% (mim).
Color : White
Ingredients : Palm oil/palm stearine, Palm Kernel Oil/Palm Kernel
Olien, Caustic Soda, Sodium Chloride, EDTA, HEDP,
Tinapal CBS - X.
3. Products under Development:
Tooth Paste (Gel). Fairness Cream.

After Shave Gel Tooth Powder.
Dish Wash Bar
4. Future plan:
We are hopeful to introduce few more cosmetics/toiletries items in our products lineup and those are as under:

Toilet Cleaner Baby Lotion.
Body Lotion. Liquid Soap
Color Cosmetics. Mosquito Coil.
Mouth Wash, Liquid Blue.
After Shave Lotion. Hair Remover
9'eya., Comticc Ltd.
OR

Welcome Message from the Chairman ckiiI'i icii tt' vlEt

Dear Shareholders,
I take this opportunity to welcome you all on behalf r1 rkfl lwr it
of the Board of Directors to this 15th Annual General 11C4 4 4Q rc'i rcrtT
Meeting of your company and place before you the
oQ1 , ko R1 HI 1Ii 4
Audited Financial Statements and Auditor Reports
thereon for the year ended 30th June 2011. riti 1i ' Ici iM i
The Keya Cosmetics Limited was established in 1996 rr rri

by effort present sponsors ahead of materializing 3 C1 ff
objectives of producing and marketing of cosmetics t kT, 4 "cfl
and toiletries products. This company has originated LI 5flf1
the brand "KEYA" and it is Flagship Company of our I
Group.
k o o Ff zfR
In 2010 we decided to Amalgamate Keya Detergent
Limited and Keya Soap Chemicals Limited with Keya fig fl flc pj f-7 0.4T fltI
Cosmetics Limited. Aftermath the proposed ic'I i tT'Th T I Ct
Amalgamation Scheme unanimously approved by oo WtI 4 8T
shareholders in the 14th Annual General Meeting [T T1 flfT1
concluded on 25th December, 2010. (Amalgamation of Scheme) 9ftz
As per Valuation report, conducted by M/S S. F.
Ahmed & Co., Chartered Accountants each ordinary
share of the Keya Cosmetics Limited is Tk.40.174, the crT . . 5if
Keya Detergent Limited is Tk.34.432, the Keya Soap Jn ftwr ff*f)
Chemicals Limited is Tk.22.602 against their face ftfr!; 1Tt o.00 141 oTh
value of Tk.1 0.00 each. As a result, exchange ratio c11 CNc ,C
comes of 1.16694 (one point one six six nine four) Cf1 9 ITTIT fu z
ordinary of Keya Detergent Limited and 1.77749 (one 80.8, t14T 8.8' 4 T1
point seven seven seven four nine) ordinary share of WITt o cn 1cN1i f
Keya Soap Chemicals Limited for 1 (one) ordinary C1 1ThEF f'f .
share of Keya Cosmetics Limited. .
o'1fl 4 m9i C TTt'II fi1 rrI
The said Amalgamation Scheme finally approved by
the Honourable High Court Division of Bangladesh
Supreme Court on 27.04.2011 and subsequently the 4 ir;
Securities and Exchange Commission consented fr f sc ,
capital raising proposal on requirement of 51CITT CT I 1IDi '
Amalgamation from previous paid-up capital fi c'i i, Tl c rri1 4c1Cf
1k. 288,000,000/- to paid-up capital Tk. 611,524,740/-. f b-,000,000.00 lii 41cIC
This is to mentioned here that for acquiring of 100% Rt 1II k8,80.00
stake of Keya Detergent Limited and Keya Soap fiTg
Chemicals Limited, the Company has to issued fig ffq sj
14,966,151 shares and 17,440,323 shares respectively
7I3 0.00 tT1 TO T11CT Q1l '3
with face value of Tk.1 0.00 each. 9,8 8o C'tfl J F1 T I
L
Cosmetic Rd.

The Strategy behind this decision was to form a D1J F'fl1

Company with a stronger State of Financial Position ,f
in order to more easily raising of capital and above all Et Jk1I 4 TI t5T
achieving Profit Growth. Noticeable count that we ff rrl c
were also successful in direct listing by TR i U! I 11TCfl'0 CI
amalgamation of our 100% owned Keys Soap 00 5T1 cThi fg C;15
Chemicals Limited. This has contributed towards

strengthening the Statement of Financial Position 1T I lNT inti
and improving the Net Assets and earning per share 'M FIIT c'rn
of the Company.
The Amalgamations Financial benefits reflected C c1q f 'oct 7w1 icci
based on the financial statements for the year ended
30th June, 2011
(Compared with Amalgamation Scheme- Financial Year 2009-10)
IR 'riIh 5t1 oo-o)
1, After amalgamation Actual Sales was
Tk.2,073,070,445 during the financial year 2009-10 1cI1 SITM 9M koo'-o
(mentioned at page - 03 in the amalgamation ,oS,oSo,88c T1 (cic tCT i-
scheme) but actual achieved in sales volume of o) fl1 n fii 1M I1I
Tk.2,409,785,749 i.e. sales volume has increased by fij Sc?,o8 1T 1 8% I
Tk.336,71 5,304 or 16.24% . C')-'TM 5TT 7 8.' R1 KI jfd cci
2. Earning per share achieved Tk.4.39 which is more tIT Cft - 80.k% I
than Tk,1.26 in compared to previous year . 1L4c1 2(f 5[1T 1J11U f 8. Th

increase-40.26% p 1 7T o. T91 c-8 . kb-% I
3. Targeted Earning per Share wasTk.4,21 and achieved
8. 511T TV. 05MMOT1
Tk. 4.39 which is more 1k 0.18 increase-4.28%
c'T ri c*i F1i Tt1
4.Contribuion to National Exchequer as Income Tax
Tk.86,531 ,21 7 which is more than Tk.32,265,472 (I. ii/11 T4 F111 8o,/- T1
increase-59,46%. C3fl kt1, fl
5.Contribution to National Exchequer as Duty/VAT . 'i 5 if1 1nrt

Tk.407,728,379 which is more than Tk.306,744,556
increase-32.92%. ) J1t Cfl 2flT '%
6.Financial Position Increased after Amalgamation: t) L1 TT/IW

a).Total Asset 3.19% Ffltf c'1crc
)
b).Total Revenues 18.39%
c).Net Profits 19.81% ) t1*
d).Net Asset Value 11.94% O'FTh ii
e).Net Asset Value per Share 31.17% 9 1tt \!.%
The most desired Amalgamation has completed P2fl- tI ijni f 1ir)qq

inline with thinking of core benefits and this year
operating results have proved that a shining
prosperous future of Keya Cosmetics Limited is due
expectation.
1
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9eya, Cnriwtics lid.
Social Commitment ikl1 f!pf

In Keya, we believe in our responsibilities towards crt ci 'f^-o -4 70TM lft^-
the society we operate in. All our activities are icilI Cl 7l1 tfW[T1 rrf i
therefore directed to the well being of the society in
nil f?rt C4T nnf *'
general. As part of the social commitment, the
company provided monitory assistance to the
organizations to the social height and our sponsored Trf c P'IW fl CIfT
popular magazine program "Eattadi" which is f51 i11l1T WjWZil1t"
being telecasted through Bangladesh Television and
C1 '3 T1 W
through which financial help are being rewarded to
real poor and helpless people selected from all over flwt 3T1 T 5flf1 itnfii I
Bangladesh.
Acknowledgement 1tfT Nf1f I.

I take this opportunity to express my sincere thanks t, fkf iftii wt ff
to our customers, bankers, suppliers, government T1 ic ii1 1I1 I

agencies, regulatory bodies and everyone with
whom the company interacted in conducting its trtfrt cntr n't
iijt
business. We are grateful to you the shareholders for
extending at all times, your available support and 51T1 ci fl1 T
cooperation to bring the company to the level it has
reached today. The success we have achieved so far
was only possible because of the collective efforts of 5flfF
all concerned. 11fl
Once again, I convey my heartiest thanks to all our
stakeholders and look forward to their continued
support and cooperation in future.
Abdul Khaleque Pathan

Chairman
Comg tjc Ltd.

Picture Gallery
Few Events of 14th AGM
8t i(1 Th1
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I illI
CcJrntk! g Ltd.
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9ceya. Comtie lid.

Financial Presentation of the Financial Highlights

Comparison made Pre-Amalgamation of Keya Cosmetics Ltd.
Results of operations (Taka in million except ratios and per share data)
Particulars 2010 -11 Projected 2010 -11 2009 -10
(as per Audited) (as per Scheme of y adding 3 companies data mentioned
Amalgamation page-3) in Scheme of Amalgamation)
Operating Income 353261,377 375,498,726 190,495,291

Income before tax 354,910,540 357617,835 275,759,259
Income tax 86531,217 98344,905 54,265745
Net Income 268,379323 259,272,930 224,002,363
)
Ordinary Shares Information
Particulars 2010 -11 Projected 2010-11 2009 -10
(as per Audited) (as per Scheme of (as per Scheme of
Amalgamation) Amalgamation)
Earning Per Share 4.39 4.21 3.13
Dividend 21% 12%
Book value per share 25.04 23.40 19.09
Ordinary shares outstanding (in million) 6115 61.15 71.66
Financial ratios (in percentage)

2010-11 Projected 2010-11 2009-10
Particulars! Year (as per Audited) (as per Scheme of (as per Scheme of
Amalgamation Amalgamation
Gross Profit Ratio (%) 24.94% 1 27.82% 20.40%
Operating Profit Ratio (%) 14.66% 17.09% 9.19%
Net Profit Ratio (%) 11.14% 11.80% 10.81%
Earnings Per Share (1k.) 4.39 4.21 3.13
Book Value Per Share (Tk.) 25.04 23.40 19.09
Dividend Payout Ratio (%) 32.07% 59.34% 38.42%
Debt Equity Ratio (Time) 0.05 0.10 0.14
Debt to Total Assets Ratio (Time) 0.05 0.09 0.12
Interest converge ratio (Time) 3.71 4.37 , 2.62
Return on capital employed (%) 16.73% 16.33% 14.43%
Return on shareholder's Equity (%) 17.53% 18.00% 16.37%
Return oh total assets (%) 16.73% 16.33% 14.43%
Expenses:
2010-11 Projected 2010-11 2009-10
Particulars (as per Audited) (as per Scheme of (as per Scheme of
Amalgamation Amalgamation
Cost of Goods Sold Ratio 75.06% 72.18% 79.59%
Operating Expenses Ratio 10.28% 10.73% 11.21%
Inventory Turnover Ratio 2.24
Materials consume to Cost of Goods 91.69% 98.29%
Sold Ratio
Cosmetics Ltd.
Performance at a Glance Comparison made Pre-Amalgamation of Keya Cosmetics Ltd.
Operating Revenue Operating Expense

Increased in 2010-11 Increased in 2010-11
I 4 18.39%
From 18.39% in 2009-10
(as per Scheme of Amalgamation)
4 6.59%
From 6.59% in 2009-10
Profit before tax Net profit after tax

Increased in 2010-11 Increased in 201 0-1 1
4. 28.70%
From 28.70% in 2009-10
4 19.81%
From 19.81% in 2009-10
Total Investments
Total Assets
Increased in 2010-11 Increased in 201 0-1 1
4. 3.19%
From 3.19% in 2009-10
+
35.94%
From 35.94% in 2009-10
Net asset value per share Shareholders equity

Increased in 2010-11 Increased in 2010-11
4 31.17%
From 31.17% in 2009-10
4. 11.94%
From 11.94% in 2009-10
Camctic Ltd.
(Comparison made as per Scheme of Amalgamation)

Performance Indicators
Net Turnover Cost of Goods Sold
2500 1850
2409.78
2400 1800
2300 C
1750
0
)=2200, 1700
6
2100 2073.07 1650
H 2000 H 1600
p
1900 1550 2010-10 2009-10 (actual)
2010-11 2009-10 (actual)
Gross Profit Net Income

7000
6009.35
6000
5000 2700
4229.47 2600
4000
2500
c 3000 L E 2400
1000 -2 2200
0 IIWIIIII
2010-11 2009-10 (actual) 2000 2010-11 2009-10 (actual)
Operating Income Earnings per Share
1904.95, 5
4
0 1
I2 3
IIIIIIIII1 3532.61 2
I
.0
2010-11 2009-10 (actual)
1yL Cogmtic g lid.

I
Corporate Social Responsibility

Corporate Governance,
Corporate Governance is the interaction of the management, shareholders and board of directors to help ensure
that all investors both shareholders and creditors are protected against managers acting solely in their own best
interest. The pursuit of achieving the highest standards of Corporate Governance is an ongoing process of the
Company. The Company's primary objective is to create and adhere to a corporate culture of fairness,
accountability, transparency and ethical practices that are corner stone of long term values of an all round
performing organisation. Beyond merely complying with mandatory requirements, the Board of Directors,
management and employees, are committed to preserving trust and interest of all stakeholders including the
society at large.
4 Keya Cosmetics Limited is committed to good Corporate Governance practices. The Company's philosophy is to
achieve business excellence and optimize long term shareholders' value on a sustained basis by ethical business
conduct. The company is committed to transparency in all its dealings and places strong emphasis on business
ethics. Looking after the welfare of multiple stakeholders is a fundamental shared value of the Company Board of
Directors, management and employees. This value system translates into institutionalizing structures and
procedures that enhance the efficacy of the Board and inculcates a culture of transparency, accountability and
integrity across the Company. Company initiative towards this end include - driving professionalism of the Board,
create fair and transparent process and reporting systems and go beyond mandated Corporate Governance Code
requirements of Securities and Exchange Commission.
Foundation of Integrity & Control:
Keya Cosmetics Ltd. has a strong history of operating with integrity throughout the Company at all levels, both
internally and externally. Our actions and the actions of all our employees are governed by our Purpose, Values and
Principles. Our commitment to operate responsibly is reflected in the steps we have in place to ensure rigorous
financial discipline and Corporate Governance.
We have an active and highly experienced Board of Directors, with members who understand their role in
providingstrong corporate governance. Our Audit Committee exclusively guided by Independent Directors,
with appropriate financial skills to provide good oversight. The Audit Committee also meets regularly in
private session with Company's independent auditors, G. Kibria & Co.
We maintain strong internal controls. Our rigorous business process controls include an ongoing program of
audit, self-assessment, and internal and external audits to ensure compliance with all relevant regulations and
standards.
Size, Composition and Functioning of the Board:
The Board of Directors is the highest level of authority in the Organizational structure in Keya Cosmetics Limited.
The Board is responsible for the overall direction and is ultimately accountable to the shareholders for the activities,
strategies and performance of the Company. The membership of the board during the year end as on 30-06-2011
stood at 06 (six) directors. All directors are equally accountable as per law to the shareholders for the proper
conduct of the business.The Company's board currently comprising of Mr. Abdul Khaleque Pathan, Chairman, Mrs.
Khaleda Pervin, Managing Director and other four directors. The quorum for the board is at least three directors
present in person.
Comtic Ltd.
The prime concern of the Board is to ensure that the overall activities of the business are conducted responsibilities
and with focus on long-term value creation. The board meets as and when required to transact matters placed
before then that requires Boards approval and or direction. Board reviews the overall activities of the business and
where necessary strategic guidelines are given for onward implementation.
Executive Committee:
Next to the Board there is four members Executive Committee for close monitoring of business performance and to
provide operational guidance. The scope of work of the committee includes but not limited to review of business
performance, approval of budget, evaluation and recommendations of the Executive Committee provide significant
input to enable the Board to take well-informed decisions.
Management Committee:
The responsibility to implement Board and Executive Committee meetings decisions and supervisions of day-to-
day business affairs of the company lies with the management committee.They are also responsible for achieving
the business plan. The committee consists of functional heads of different operation/business segments and is
headed by General Manager (Accounts).
Audit Committee:
An audit committee has been constituted with four members for ensuring good governance practices. The audit
committee of the Board held four meetings during the year and examined the coverage of internal and external
audit.
Internal Control:
Keya Cosmetics Ltd. employs sound system of internal control including internal financial control to ensure
compliance of its activities with the desired objectives. Over the year we have successfully implemented a well-
designed corporate management structure with clearly defined responsibility, delegation of authority and proper
accountability. Keya Cosmetics Ltd. has an appropriate organizational structure manned with qualifies professionals
for properly carrying our planning, executing, controlling and monitoring functions of each of the business
subunits.
The company has a specially assigned team to carry out financial audits of different segments of the business. The
General Manager who reports to the Chairman heads the team. After corporate review of the report necessary
corrective actions are taken.
Shareholder Relations:
The company has about 12,150 nos. shareholders as on June 30, 2011. The directors place high importance on
maintaining good relationships with the shareholders and ensure to keep them informed of significant company
developments. The company formally reports twice a year summarized half , yearly report and detailed annual
report. Annual General Meeting is an important opportunity to meet and communicate with shareholders. Every
shareholder or his/her duly authorized representative has the right to attend such meeting. It provides the forum
for discussion of the business its future prospects and other matters of interest and concern to the shareholders. In
addition, the company has a full fledged corporate affairs secretarial department who addresses different issues like
dividend payment enquiries, share transfer, loss of share certificate/dividend warrants, maintain liaison with Central
Depository Bangladesh Limited etc.
9ya Comtics lid.

Directors' Report to the Shareholders

Dear Fellow Shareholders,
The Directors have the pleasure in presenting their Annual Report together with the audited financial statements
of the company for the year ended June 30,201 1.The Board of Director approved these on August 21,2011,
The Directors Report has been prepared in compliance with section 184 of the companies Act, 1994, SEC's
notification dated February 20, 2006, the Listing Regulations of Dhaka Stock Exchange and Chittagong Stock
Exchange and other applicable rules and regulations. In addition, the Directors explained and disclosed certain
issues, which they deemed relevant and important to ensure transparency and good governance practice.
Operational Performance yeilded through Prudent Managment Deceisions
The Board of Directors feels proud to have excellent operational performance marked during the financial year
2010-11. Financial health of the company is now founded at more stronger position. Major financial indicators
growth are well noticed. Turnover increased by Tk. 336,715,304 Net Profit after Tax increased by Tk.44,376,960
4 Cost of Goods Sold decreased by 5.69%, Earning Per Share increased by Tk 1.26 or 40.26%, NAV increased by Tk
5.95 or 31.17% compared to 2009-10 scheme of amalgamation (page 03 or 04). Lease Liabilities are Obsoleted, In
our view, the company is in the highway of financial track loaded by package of financial growth.
A.Decrease of Net Assets and decrease of long term liabilities and significant increase of Retained earnings &
other reserve are shown as per Statement of Financial Position June 30,2011
Particulars I 2010.11 2009-10 (Actual) Increase!

- (as per Audit Report) (as stated in Scheme of Amalgamation page-4) (Decrease) in %
Net Current Assets 230,563,393 270,383,002 (4.73)
Long Term Liabilities ofBank_72,769,227 184,839,835 (60.64)
Retained Earnings & Other 895,779,414 627,400,089 42.78
Reserve(THR) I
B.Financial performance as per Statement of Comprehensive Income for year ended June 30,2011
2009-10 (Actual) Increase!
Particulars 2010-11 (as stated in Scheme of Amalgamation (Decrease) in %
(as per Audit Report)
page-03)
CostofGoodsSoldRatio 75.06% 79.59% (5.69)
GrossProfitRatio 24.94% 20.40%
I OperatingExpensesRatio
IncomeTax(million)
10.28%
86.53
11.21%
54.26
22.25
(8.30)
59.47
FinancialExpenses(million) 130.20 117.29 11.01
Earningpershare 4.39 3.13 40.26
Market Shares
After effective implementation of marketing strategy, the volume of Gross Turnover increased by 18.39%.
Sales Revenue (1k.) 2010-11 2009-10 (Actual) Increase!
(asperAudited) (AsperSchemeof Amalgamationpage-03) _( Decrease)in%
Local Sale 2,643,962,376 2,242,205,893 17.92
Export Sale 173,551,752 137,609,108 26.12
Gross Turnover 18.39
I.
2,817,514,128 2,378,815,001
c } ia, Comtics Ltd.

Cost of Goods Sold:

Since we completed with a increased Stock of Goods, Materials & Store by Tk. 94,494,637 or 12.50% compared to the
2009-10 actual stated in scheme of amalgamation (page 04), Moreover, cost of good sold decreased by 5.69% in
compare to last year.
Particulars 2010-11 2009-10 (Actual) Increase!
(as per Audited) (As per Scheme of Amalgamation page-03) ) ( Decrease) in %
Net Turnover 2,409,785,749 2,073,070,445 16.24
Cost of Goods Sold 1,808,850,555 1,650,122,629 5.69
Deviation in operating results from last year

Net income of the company has increased byTk 44.38 million this year in compared to 2009-10 (actual) stated in the
Scheme of Amalgamation (page 03). It is the result of increased net turnover by Tk 336.71 million from 2009-10
(actual) sales.
Appropriation of Profit
Taking into account the profit available for distribution after complying with the regulatory requirements, the Board
recommended Stock Dividend of 21% on existing 61,152,474 ordinary shares of Tk.10.00 each for the year ended
30th June 2011 for approval of shareholders in the 15th Annual General Meeting. Before recommending the
dividend for the year 2009-10, the Board proposed the following appropriations (amount in Taka):
Appropriations
Transfer from Income statement - 268,379,323.00
Proposed Stock Dividend (21%) - 128,420,200.00
Dividend
With due hopes and aspiration shareholders as well as up-holding the image of the company, the management has
already tried to pay dividend satisfactory level within the limit of operating income.
Financial Year Dividend in (%) Mode of Dividend

2010-11 21.00 Stock
2009-10 15.00 Cash
2008-09 15.00 Cash
2007-08 30.00 Cash
2006-07 30.00 Cash
2005-06 20.50 Cash
2004-05 50.00 Stock
2003-04 16.00 Cash
2002-03 16.00 Cash (for public shareholders)
Comtic Ltd.

Effective Dividend Declaration

Keeping in mind long term financial benefits of shareholders, the management of the company has declared 21%
Stock Dividend. As a regular performing company general shareholders have the expectation to have "Stock
Dividend" and such "Stock Dividend" relates to continuous and sustainable growth of operating positive result of
the Company. Followed by the achieving of package of financial growth during the year the management is pleased
to declare 21% stock dividend both for sponsors and general shareholders.
Declaration of Right Shares
Implementation of more effective financial strategy, the management of the Company has taken decision to pay off
total Bank Loan (Long Term and Working Capital) amounting to Tk.102.26 (approx.) crore which incurred huge
financial cost and arrange adequate working capital for smooth running of the business and BMRE of the existing
Projects. For seeing noticeable growth and followed by completion Amalgamation the management is found the
opportunity to declared 100% (i.e. 01 right share for 01 existing share) of Tk.1 0.00 each at an issue price Tk.30.00 per
share (including a premium of Tk.20.00 each). For raising of capital for fulfillments of the mentioned required purpose.
Right Shares Offer:
Financial Year I Riqht Share in

(i.e. 01 right share for 01 existing share) of
2010-11 100% (1:1) Tk.10.00 each at an issue price Tk.30.00 per share
(including a premium of Tk.20.00 each) subject to
the approval of shareholders in the AGM and SEC.
2005-06 1 20% (1:5) 1 (i.e. 01 right share for 05 existing share)
Contribution to National Exchequer
Keya Cosmetics Ltd. has contributed total of Tk.86,531,21 7.00 as income tax and Tk,407,728,379.00 as Duty/VAT to
National Exchequer in the year 2010-2011.
Needful information about sister concern where KCL has financial involvement.
To secure investment of shareholder's and other interested group, the management of the company invested
Tk.605.23 million (in the form of paid up-capital and share money deposit) to the following profitable sister concern
of the Keya Group and other details are mentioned in the note 04 of the audited accounts few of them are
mentioned below:
Name of Sister Concern Nature of Business Investment by KCL

(Tk.in million)
Keya Spinning Mills Ltd. Produce & Marketing Cotton Yarn 83.80
Keya Cotton Mills Ltd. Produce & Marketing Cotton Yarn 63.01
Keya Sweaters Ltd. Produce of 100% export sweater & garments 5.00
Besides, Keya Cosmetics Ltd. holds 456,945 shares Tk. 10.00 each of CDBL.
Addition of Assets
An advance amounting to Tk.120.00 million made against Land Purchase and Tk.27.53 million expended for
additional Land and Land Development, Office Equipment, Furniture Fixture, Vehicle and Other Assets and which
have added with the company's existing assets.The amount was investment from retained earnings.
Fairness of the Accounts
As per Companies Act 1994, it is the responsibility of the Directors to prepare financial statements for each year to
be presented before the shareholders in the general meeting. The financial statements and other financial
information included in this report fairly present in all material respects, the financial conditions, results of
operations, cash flow and changes in equity of company as of and for the year ended June 30,2011.
9ya. Co--meties Ltd.

r

In House Shareholding Pattern

Shareholding Pattern as on June 30,2011
Nos. of Percentage Remarks
Particulars Shareholding
Investment in Associated Companies:
Keya Spinning Mills Ltd. 8,380,000 9.32.23
55
Keya Cotton Mills Ltd. 6,300,810 50.00
Keya Sweaters Ltd. 50,000
Other related parties:
Mr. Abdul KhalequePathan 11,070,296 18.10
Mrs. Khaleda Pervin 415,479 0.68
Mrs. Feruza Begum 223,407 E O.37
Mr. Masum Pathan 392,856
Alhaj Md. Akkas Al i Pathan 135,921 0.22
Mr. M. Anwarul Ghani Non shareholding independent Director
Executive Director (Finance) & Company
Secretary his spouse & minor children - -
Head of Internal Audit and his spouse &
minor children - -
Executive : (top five salaried other than ECO,CFO,HIA)
Mr. Md. Homaun Kabir
Mr. ABM Golam Mustafa Munshi - -
Mrs. Soniya Ferdousi Ankhi - -
Mr. Parimal Kumar Pramanik - -
Mr. Shaheenur Rahman - -
Substantial Shareholdings
SEC's notification dated 20 February 2006 requires a listed company to disclose in the directors report, the list of
shareholders holding ten percent or more voting interest in the company.We are providing below the shareholding
status of all sponsors shareholders as on June 30,2011.
SIX Name of Sponsor Shareholders No. of Shares Percentage (%)
01 Abdul Khaleque Pathan 11,070,296
223,407
18.10
0.37
02 Mrs. Feruza Begum
03 Mrs. Khaleda Parvin 415,479
392,856
0.68
0.64
04 Mr. Masum Pathan
7,656,45,849
05 Khaleque & Co. (Pvt.) Ltd 0.07
06 Keya Knit Composite Ltd. 711 12.52
07 Keya Yarn Mill Ltd. 675,109 1.10
08 Keya Sweaters Ltd. 51,416 0.08

20,531,123 33.57
Cumetic Ltd.

Statement of Directors Responsibilities for preparation and presentation of the financial Statements
The following statement is made to distinguish the responsibilities of the directors and auditors in relation to
the preparation of financial statements the Companies Act 1994 requires the directors to prepare financial
statements for each financial year. In preparing those financial statements directors are required:
To select suitable accounting policies and apply those policies consistently.
To make reasonable and prudent judgment and estimates where necessary.
e To statement whether all applicable accounting standards have been followed subject to any material
departure disclosed and explicable in the notes to the financial statements.
To take such steps as are reasonably open to them to safeguard the assets of the company and to prevent
and detect fraud and other irregularities.
To ensure that the company keeps accounting records which disclose with reasonable accuracy the
4 financial position of the company and which enable them to ensure that the financial statements comply
with the requirements of the Companies Act 1994 and Securities & Exchange Rules 1987 and to prepare
the financial statements on going concern basis unless it is inappropriate to presume that the company
will continue in business.
Going Concern:
Directors are convinced after making appropriate enquiries at the time of approving the financial statements
that company has adequate resources to carry out its operational existence for the foreseeable future. It is
therefore appropriate to adopt going concern basis in preparing the financial statements.
Board Size & Independent Director:

In compliance with the Securities and Exchange Commission Notification dated February 20,2006 the Board of
Directors of the company comprising 06 (six) members including one independent director.
Range of Shareholding:
The distribution schedule of shareholdings as on 30 June 2011 was as under:
2010-2011 2009-2010
Shareholding Range No. of Number of No. of Number of %
holder shares holder shares
Less then 500 6,531 1,552,170 2.54 4,952 1,056,008 3.67
500 to 5000 4,727 8,256,275 13.50 3,062 5,531,620 19.21
5001 to 10000 383 2,666,590 4.36 319 2,276,829 7.91
10001 to 20000 268 3,618,018 5.92 149 2,232,861 7.75
20001 to 30000 76 1,845,330 3.02 61 1,080,100 3.75
30001 to 40000 41 1,459,981 2.39 21 841,100 2.92
40001 to 50000 28 1,345,265 2.20 11 553,600 1.92
50001 to 100000 42 2,894,670 4.73 37 21790,200 9.69
100001 to 1000000 48 14,096,883 23.05 28 6,903,950 23.97
Over 1000000 6 23,417,292 38.29 3 5,533,732 19.21
Total 12,150 61,152,474 100.00 8,643 28,800,000 100.00
}Sya. Cosmetics Ltd.

Board of Directors Meeting

During the year ended June 30, 2011, eleven Board meetings were held. The attendance in the Board of
Directors meetings by each Director is shown below:
Name of the Director No. of Meeting held Attendance

Mrs. Feruza Begum 8 17
Mr. Abdul Khaleque Pathan 8 18
Mrs. Khaleda Pervin 8 18
Mr. Masum Pathan 8 is
Alhaj Md. Akkas Ali Pathan 18 05
(Rep. Of Kcya Knit Composite Ltd.)
Mr. M Anwarul Ghani 18 13
Directors to Retire and Re-appoint

As per Section 91(2) of the Companies Act 1994 and Article 48 of the Articles of Association of the Company, Mr.
Abdul Khaleque Pathan, Director shall retire in the 15th Annual General Meeting and being eligible offered himself
for re-appointment as per Articles 48 of the Articles of Association of the Company.
Corporate Governance:
We always believe in the importance of good governance and adherence to the highest standards of ethical
conduct as key to business success. We strive to maintain full compliance with the Laws, rules, and regulations that
govern our business.
Appointment of Auditors:
As per Securities & Exchange Rules 1987, without prior consent from SEC no Auditors shall be appointed for more than
three consecutive years. The Board of Directors of the Company in its Board Meeting dated July 31,2011 recommended
present external Auditors MIS. G. Kibria & Co., Chartered Accountants of Sadharan Bima Sadan (5th Floor) 24-25,
Dilkusha C/A, Dhaka-1000 whose period of appointment will be expired on 15th Annual General Meeting of the
company. However he expressed his intention to continue audit works of the company for the financial year 2011-12
subject to consent accorded from Securities & Exchange Commission and on the basis of the proposal of the Board
Audit Committee, the Board recommended to the shareholders to re-appoint the existing auditor for the year 2011-12
at a remuneration of Tk.1 00,000/- (Taka One Lac).
On behalf of the Board of Directors

Chairman
}'y'T. Co-smetics lid.

Doing What Right

Keya Cosmetics Limited's reputation is earned by our conduct: what we say, what we do the products we make, the
services we provide and the way we act and treat others. As conscientious citizens and employees, we want to do
what is right. Like every other company, we always believe to improve.
Environmental Role
The company maintains a high standard of pollution free environment as applicable Government Law.
Sustainability/Corporate Social Responsibility
Keya Cosmetics Limited is dedicated to sustainability and corporate social responsibility. We clearly state this
principle as one of the corporate values binding on all our employees. We generate sales and profits while behaving
in a socially responsible manner in all our activities and along the entire value chain.We are convinced that effective
' environmental protection together with social and societal responsibility is in the long-term view, essential to our
entrepreneurial success. For decades, finding the right balance between economic, ecological and social aims has
been a major priority at Keya Cosmetics Limited.We have aligned our research and development work to constantly
improving our brands and technologies and their ability to make towards the people more befitting.The needs of a
constantly growing world population and the availability of water, energy and other resources are issues that are
going to become ever more important for humanity in general, as well as exerting a direct influence on our
business development through energy and raw material price increases. Our brands, technologies and services are
the prime contributions made by our company to the wealth and wellbeing of society. Moreover, through their
contribution to sustainable development, they also enable our customers and consumers to experience for them
how we combine leading brand quality with respect for people and the environment. Our common focus and
credible engagement within the marketplace strengthen our brands as well as the reputation of our company.
Indeed, Keya Cosmetics Limited as a whole embodies commitment to sustainability and corporate social
responsibility.
KCL's social commitment is focused by taking part in social activities on the areas of Education and Research,
Environment and Nature Health and Social Needs and Sports and Culture. Like every year in 2010-11 KCL once
again underscored its role as a good corporate citizen with a range of social activities focused on the above area.
Health Compensation and Social Needs
In 2010-11, KCL provided various forms of medical aided program towards the poor people for medical treatment
Tk.224,089.00. As well as compensate death of two workers of the Company Tk. 144,000.00 The company also took
part in the donation to Elders Welfare Association for Tk. 120,000.00.
Education Sports and Culture

In this area the company has contributed Tk.450,000.00 to the different organization.
Employment Practices
The company is production and marketing based. In the way of consistent progress, the all out effort of the
employees in all respect are very important, It is our policy to give due attention to the benefits and safety of the
employees. Initially major portion of the marketing personals were fresh and un-skilled. Training programs and
continuing professional education for employees is the part of the company's philosophy. In accordance with the
past practice your company has maintained its focus on human resource capital and particularly their satisfaction
by continuing to improve working conditions. We encourage employees to participate in the training process the
company offers from time to time. And accordingly in the time concern employees became highly skilled
professional and are taking handsome remuneration within their role of honor.
Cugmetic Ltd.
Procurement and Distribution

Presently we are producing 17 products and for producing these products 100 nos. basic
raw materials are needed to procure. Among which 41 items are procured from the
renowned local supplier and rest 49 items are procured through import mainly from
England, Finland, Germany, Switzerland, Spain, Singapore, China, India, Sri-Lanka, etc.
Front View of Factory
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Cosmetics Ltd.
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I- 7* I I' V'- - 1i4.k f

Compliance Report as on June 30, 2011

As per the Securities and Exchange Commission (SEC) Notification dated 20th February, 2006 on comply or explain
basis the Board of Directors have taken appropriate steps to comply with the conditions and complied with all the
conditions. Status report on June 30,2011 in compliance with those conditions is given below in prescribed format:
SJY
Compliance Status Explanation for

Compliance Status
Complied Not complied non-compliance
Board of Directors:
Board's Size
The members of the Board should not be Complied
less than 5(five) and more than 2o(t wen ty)
Appointment of Independent Director by
elected Director Complied
1.2 (At least one tenth of total number of Board
of Director)
Chairman of the Board and Chief Executive I
1.4 Officer be different person with different Complied
roles & responsibility.
Directors Report to include declaration on:
I) Fairness of Financial Statement Complied
II) Maintenance of Proper Books of Account Complied
III) Consistent application of accounting polices Complied
in preparation of Financial Statement
IV) Observance of Bangladesh Standards (BAS) Complied
V) Soundness & efficiency of internal control Complied
VI) Ability to continue as going concern Complied
VII)Significant deviations in operating Complied
results from last year
VIII)Presentation of key operating data Complied
for at least three years _________ ______
Declaration of Dividend Complied _____
X) Number of Board meeting held Complied
during the year and attendance
by each Director
XI) Shareholding pattern Complied.
Cometic Ltd.
Compliance Status Explanation for

Compliance Status
Complied Not complied non-compliance
2.0 Appointment of CEO, Company Secretary,
Head of Internal Audit etc.
2.1 Appointment & defining responsibilities I Complied
2.2 Attendance in the Board Meeting Complied
3.0 Formation of Audit Committee & its reporting
I) Number of members in the audit committee Complied - _____
U) Inclusion of independent Director Complied
I in the audit committee
lU) Fill the casual vacancy in the Audit Committee Not Applicable
3.2 1-
1) Chairman of the Board Audit Committee Complied
II) Qualification & Experience of the Chairman _Complied
I) Reporting by Audit Committee on Complied
3.3. 1
its activities to the Board
II) Report to the Board by the Audit No such matters to report on
Committee on Conflict of interest
Report by Audit Committee on the No such matter to report on
3.3.2 qualified point to the SEC
Report to the shareholders in the There was not such event.
3.4 event of findings of certain
occurrences under condition 3.3.1 (II) above
0 4.0 Statutory Auditors not to engage in:
I) Appraisal or valuation service Complied
II) Financial information systems Complied
desicin and imnImnti-inn
Ill) Bookkeeping or other services Complied
related to financial statements
IV) Broker-dealer service Complied
V) Actuarial services Complied
VI) Internal Audit Services Complied
VII)Any other services that the Audit Complied
Committee determines.
Carmeties Ltd.
Audit Committee Report for the year ended 30th June, 2011
Audit Committee of the Board

Audit Committee of the Board is constrituted comprising four member including independent Dircetor in its Board
meeting deted July 03, 2011 to provide independent overview of the company's Financial Operational Report,
internal controls system. Ideally the Audit Committee should:
Have sufficient expertise in financial, accounting, auditing and legal matters to be able to adequately oversee
and evaluate the control, risk management, compliance system and the quality of financial disclosures to
shareholders and other.
Oversee the internal audit and control function; the internal audit staff should report directly and routinely to
this committee of the board and when necessary, report any concerns regarding the quality of controls or
compliance issues.
Have sufficient resources to be able to properly fulfill their responsibilities.
Have full access to and the cooperation of management.
Have authority to investigate fully any matters within its purview.
Have the authority for the hiring of auditors, including the setting of contractual provisions, review of the cost-
effectiveness of the audit, approving of non-audit services provided by the auditor, and assessing the auditor's
independence.
Meet with auditors independently of management or other company interest parties periodically but at least
once annually.
' Have the full authority to review the audit and financial statements, question auditors regarding audit findings,
including the review of the system of internal controls and to determine the quality and transparency of
financial reproting choices
Following is the constrituted Audit Committee of the Board:
S1 No ame Status in the Company Status in the Committee

1 Mrs.Khaleda Pervin Managing Dircetor Chairman
2 Mr. M. Anwarul Ghani ln.Dircetor Member
3fMasum Pathan Dircetor Member
LH Mohammed Mofizul IsiamEDy. General Manager Member
Role and Resposibilities of Audit Committee: Following are the detail roles and resposibilities of Audit Committee:
Internal Control:
Evaluate whether management is adhering to the appropriate compliance culture by communicating the
importance of internal control and risk management to ensure that all employees have clear understanding of
their respective roles and responsibilities.
Review the arrangements made by the management for developing and maintaining and mantaining a suitable
Management Information System (MIS).
Consider Whether internal control strategies recommended by internal and external auditors have been
implemented timely by the management as regards to the report relating to fraud forgery, deficiency in internal
,4ra, Cosmetics Ltd.

91;
control or other similar issues detected by internal and external auditors and inspectors of the regulators and inform
the board on a regular basis.
To review the financial reporting process, the system of internal control and approach to manage risks, the audit
process, and the Company processes for monitoring compliance with laws and regulations and its own code of
business conduct.
Internal Audit:
' Review the activities and organizational structure of the internal audit function and ensure that no unjustified
restrictions or limitations are made.
Review the efficiency and effectiveness of internal audit function.
Review that findings and recommendations made by the Internal Auditors for removing the irregularities, if any,
detected are duly acted upon by the management in running the affairs of the Company.
I External Audit:
Review the performance of auditing and their audit and management reports by the external auditors. Reviw that
findings and recommendations made by the external auditors for removing the irregularities, if any, detected are
duly acted upon by the management in running the affairs of the Company.
IP Make recommendations to the Board regarding the appointment of the external auditors.
Meeting:
The Audit Committee holds meetings at least once in every three months to scrutinize matters as assigned by the
Board of Directors.The Audit Committee held 4 (Four) Meetings in 2011 as per following dates:
1st meeting held on 01 October, 2011
2nd meeting held on 31 December, 2011
3rd meeting held on 29 March, 2012
4th meeting held on 30 June, 2012
Reporting:
The Audit Committee has the responsibility to report its performance to the Board of Directors.
Each member of the audit committee is well conversant with the responsibilities and the committee has formed
according to the Notification of Securities & Exchange Commission. The Company Secretary acts secretarity of the
Audit Committee.
The committee is recommending to the board the re-appointment of G. Kibria & Co., Chartered Accountants as
statutory auditors of the company, to carry out audit of the accounts of the company for the financial year 2010-11.
Sd!
Chairman
Audit Committee
Cometic lid.
Auditor's Report &

Financial Statments
1EIIIIi
AUDITORS REPORT
We have audited the accompanying Statement of Financial Position of KEYA COSMETICS LIMITED as of June
30, 2011 and the related Statement of Comprehensive Income, Statement of Cash Flows, Statement of
Changes in Equity for the year then ended.The preparation of these financial statements is the responsibility
of Management. Our responsibility is to express an independent opinion on these financial statements based
on our audit.
We conducted our audit in accordance with Bangladesh Standards on Auditing (BSA).Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement. An audit includes examining, on test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the financial statements prepared in accordance with Bangladesh Accounting Standards (BAS),
subject to notes to the Accounts give a true and fair view of the state of the Company's affairs as of June 30,
2011 and of the results of its operations for the year then ended and comply with the Companies Act, 1994
and other applicable laws and regulations.
We also report that:
a). We have obtained all the information and explanations which to the best of our knowledge and belief were
necessary for the purpose of our audit and made due verification thereof;
b). In our opinion, proper books of account as required by law have been kept by the Company's so far as it
appeared from our examination of those books;
c). The Company's Statement of Financial Position and Statement of Comprehensive Income, Statement of
Cash Flows, Statement of Changes in Equity dealt with by the report are in agreement with the books of
accounts and returns.
G :'^Y^
G. KIBRIA & CO.
Place: Dhaka Chartered Accountants
Date: 21 August, 2011
9eya., Comotie Ltd.
IR
Cumtics Ltd.
91;6Y1(%
STATEMENT OF FINANCIAL POSITION
AS on 3Oth June, 2011
CUL!i
PAR TII [.uJ ARS iIZI I
Assets:
Non Current Assets
1,373,509,988
Property, Plant and Equipment 03 766,630,166
Deferred Expenses 03.2 1,654,651
605,225,171
Investments 04
Current Assets 1,476,950,336
775,1 78,506
Stock of Goods, Materials & Stores 05
32,622,699
Material In Transit 06
279,145,695
Loans, Advances 07
& Deposits 380,378,450
Trade Debtors 08
60,397
Other Receivables 09
Cash & Bank Balance 10 9,564,589
Total Assets 2,850,460,324
Equity and Liabilities:
Shareholders Equity: 1,531,304,154
11 611,524,740
Share Capital-Paid
Up 12 24,000,000
Share Premium
Tax Holiday Reserve 45,744,731
13 850,034,683
Retained Earnings
Non Current Liabilities

72,769,227
Liability to Bank 14 72,769,227
Current Liabilities 1,246,386,943
Bank Loans & Overdraft 15 949,778,472
Sundry Creditor 16 96,336,816
Outstanding Liabilities 17 12,287,052
Provision for Income Tax 18 166,106,484
Unclaimed Dividend 19 4,132,591
Workers Profit Participation& Welfare Fund 20 17,745,527
Total Equity & Liabilities 2,850,460,324
NET ASSET VALUE PER SHARE 27 25.04
Accompanying notes form the integral part of the financial statement.
6D
V^
Khaleda Pervin Syed Noorul Alam
Chairman Managing Director Company Secretary
As per report annexed.
0 Dated: Dhaka 21 August, 2011 C, CF^ ^)

G.KIBRIA&CO.
Chartered Accountants
Cometic Ltd.
9K,geya Cosmeties Ltd.

STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2011
Figures in Taka
Net Turnover 7 4 1.
Gross Turnover P1 2,817,14,128
VAT & S/Duty (407,728,379)

Less:Cost of Goods Sold 22 1,808,8 5 0, 55 5
Gross Profit 600,935,194
Less: Operating Expenses: 247,673,817
Selling, Distribution & Adm.Exp. 23 117,475,818

Financial Expenses 24 130,197,999
Operating Income 353,261,377

Non Operating Income 25 19,394,691
NET INCOME BEFORE WPPF ^656,O68
Allocation for WPPF 17,745,527
NET INCOME BEFORE TAX 354,910,540

Provision for Income tax 18 86,531,217
NET INCOME FOR THE YEAR ENDED 2632
(Transfer to the Statement of changes in Equity)

EARNINGS PER SHARE 26 4.39
Accompanying notes form the integral part of the financial statement.
I

%i^s-
Dated: Dhaka 21 August, 2011

C134c
G. KIBRIA & CO.
:....
Comtics Ltd.
Co1rIwtic lid.
STATEMENTS OF CASH FLOWS
FORTHE YEAR ENDED 30 JUNE 2011
Cash Flow From Operating Activities:

Receipts:
Cash Received from Sales Revenue 2,332,955,456
Cash Received from Other Income 38,487,885
Total Cash Receipts 2,371,443,341
Payments:
Payment for Purchase of Raw Materials & Expenses 2,218,686,646
Total Payments 2,218,686,646
Net Cash(Used)/Provided from Operating Activities 152,756,695

Cash Flows From Investing Activities:
Investment (160,004,588)
Fixed Assets acquisition (24,735,106)
Net Cash (used)/provided in Investing Activities (184,739,694)

Cash Flows From Financing Activities:
Dividend Paid (81,927,009)
Payment to Short term Loan 231,599,092
Payment of Long-term Liability (112,070,608)
Net Cash (used)/provided in Financing Activities 37,601,475
Net Increase/(decrease) in Cash and Cash Equivalents 5,618,476
Cash and Cash Equivalents at beginning of the period 3,946,112
Cash and Cash Equivalents at the ending of third quarter 9,564,588

Net Operating Cash Flow Per Share Note 28.0 2.50
A^,d__/

9'^^


Dated: Dhaka 21 August, 2011
( I , cf^
G. KIBRIA & CO. r3
Co s metics td.
4 (%
:
Comotics Ltd.
EY
C
STATEMENT OF CHANGES IN EQUITY
FORTHE YEAR ENDED 30 JUNE 2011
Figures in Taka
RE
ITAL
SHARE
PREMIUM
TAX
RESERVE
RETAINED
EARNINGS
SHARE
EQUITY
Balance as on 01.07.2010 288,000,000 24,000,000 45,744,731 667,714,960 1,025,459,691
Issue of Share Capital against amalgamation 323,524,740 323,524,740
Net Profit for the Period 268,379,323 268,379,323
Dividend Paid (86,059,600) (86,059,600)
Balance as on 30.06.2011 611,524,740 24,000,000 45,744,731 850,034,683 1,531,304,154
%5^5- A^,e/
Abdul Khaleque Pathan Khaleda Pervin Syed Noorul Alam
Dated: Dhaka 21 August, 2011 G. KIBRIA & Co.

9eya. Co-smetics Ltd.

9ya Cosmetics Ltd.

Notes to the Financial Statements
For the year ended June 30,2011
1.00 LEGAL STATUS AND NATURE OF THE COMPANY:

a). Legal form of the company: Keya Cosmetics Limited was incorporated in Bangladesh as a private limited
company by shares on 14th July 1996 with The Registrar of Joint Stock Companies & Firms, Dhaka, Bangladesh
under the Companies Act 1994. On 7th May 1999 the board of directors passed a special resolution for
conversion of its structure from private limited company to public limited company and the said conversion
was approved by the Registrar of the Joint Stock Companies and Firms on 20.06.1999. The company is listed
both in Dhaka and Chittaong Stock Exchange of Bangladesh.
b). Background information and Principal Activities of the Company: Keya Cosmetics Limited is engaged in
production of several kinds and size of soap, saving cream, toothpaste, coconut oil and other cosmetics items
since its incorporation.
During the year 2010-2011, the Company took over, under a Scheme of Amalgamation, erstwhile Keya Detergent
Limited, another publicly listed Company (producing several kinds and size of detergent powder) and Keya
Soap Chemicals Limited, a private limited Company (producing soap noodles), the backward linkage industry of
Keya Cosmetics Limited of Keya Group.The said Scheme of Amalgamation was duly approved by Hon'ble High
Court Division of Bangladesh Supreme Court vide case Company matter no.28 of 2011.
C). Address of Registered Office and Factory of the Company: The registered office and Factory of the Company
is at Jarun, Konabari, Gazipur and the Liason Office is located at Navana Tower (14th Floor), 45 South Gulshan
Avenue, Gulshan-1, Dhaka-121 2.
d). Nature of Business: The nature of the company is to manufacture of cosmetics product and sell them to the
local & foreign markets. The company has sophisticated machinery to produce the best quality cosmetics
products.
2.00 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND OTHER MATERIAL INFORMATION:
a). Statement of Compliance: The financial statements have been prepared in conformity with the provisions of
the Companies Act 1994, the Securities and Exchange Rules 1987, Accounting Standard (lAS) which is adopted
by the Institute of Chartered Accountants of Bangladesh and the relevant rules and regulations.
b). Basis of Preparation: The financial statements have been prepared in accordance with the going concern
principle and "Historical Cost" convention the significant basis under mercantile accounting system.
c). Recognition of Fixed Assets and Depreciation: Fixed Assets are stated at their historical cost less accumulated
depreciation in accordance with lAS 16 "Property, Plant and Equipment". Cost represents cost of acquisition or
construction and capitalization of pre production expenses including interest during construction period (IDCP).
.'J). Depreciation: No depreciation is charged on land and land development. Incase of disposal of fixed assets, no
J
depreciation is charged in the year of disposal. Depreciation of all properties is computed using the reducing
balance method in amount sufficient to write off depreciable assets over their estimated useful economic lives.
The annual depreciation rates applied to the principal categories are:
9eya, Cornttic Ltd.

Factory Building 5%
Plant and Machinery 10%
Other Machinery 10%
Laboratory Equipment 10%
Electrical Equipment 15%
Office Equipment 15%
Furniture and Fixture 10%
Vehicles 20%

Fire Fighting Equipment 15%

Software Development 15%
Other Assets 15%
Depreciation has been charged to factory overhead and administrative overhead on usages basis consistently.
e).Recognition of Lease Property: Disclosure Under lAS-i 7
Property, Plant and Equipment acquired under leases are capitalized and the lease liabilities for those property,
plant & equipment are shown in the balance sheet in separate head on principal amount. No Lease Loan is
outstanding as on balance sheet date.
f). Inventories: IAS-2
Inventories comprise raw material, packing material, work in progress, finished goods, stationery and spare parts.
All these are stated at the lower of the cost and net realizable value in accordance with IAS-2 "Inventories" after
due allowance for any obsolete or show moving items. The cost of inventories is assigned by using weighted
average cost formula. Net realizable value is determined after deducting the estimated cost of completion
and/or cost to be incurred for affecting the sale from sale price.
g).Sundry Debtors:
These are carried at original invoice amount.This is considered good for collection, and therefore, no amount was
written off as bad debt and no debt was considered doubtful to provide for.
h).Cash and Equivalents:
According to IAS-7 "Cash Flow Statement" cash in hand and demand deposits and cash equivalent are short-term
highly liquid investments that are readily convertible to known amounts of cash and which are subject to an
insignificant risk of changes in value. lAS-i "Presentation of Financial Statement" provides that cash and cash
equivalents are not restricted in use. Considering the provisions of lAS-i & IAS-7, cash in hand and bank balances
have been considered as cash and cash equivalents.
i).Creditors and Accrued Expenses:
Liabilities are recognized for amounts to be paid in future for goods and services already received, whether or not
billed by the suppliers.
j). Taxation:
The company is a publicly traded company as per Income Tax Ordinance 1 984.Therefore, provision for income tax
has been made at the existing rate of 27.50% in respect of business income and 20% on dividend income.
k).Tax-holiday Status:
The company has enjoyed tax-holiday for five years for its for all units which has already been expired on February
2002, December 2002 & March 2005 respectively.
I) Workers' Profit Participation and Welfare Fund (WPPF):
This represents 5% of net profit, after charging WPPF, which is being maintain as per the related Law of the
country.
Comtic Ltd.
m). Foreign Currency Translation:

Transaction denominated in foreign currencies are translated into Bangladesh Taka and recorded at rates of
exchange ruling on the date of transaction in accordance with IAS-21 The Effects of Changes in Foreign Currency
Rates.
n). Turnover From Net Sales:
Net sales comprises the invoice value of goods supplied by the company and consists of Local sales of cosmetics
product less 15% Value Added Tax (VAT) & Supplementary Duty and Export Sales of cosmetics product which bears
no VAT.
o). Revenue Recognition:
The revenue are recognized after satisfying all the conditions for revenue recognition as provided in IAS-18
"Revenue Recognition"
i) Sales through the distributors are recognized at the time of delivery from depots whether or not billed.
ii) Other sales are recognized at the time of delivery from factory godown.
p). Basic Earnings:
This represents earning for the period attributable to ordinary shareholders. As there was no preference
dividend, minority interest, or extra ordinary items, the net profit after tax for the period has been considered as
fully attributable to the ordinary shareholders.
q). Weighted Average Number of Ordinary Shares Outstanding:
This represents the number of ordinary shares outstanding at the beginning of the period plus the number of
ordinary shares issued during the period multiplied by a time-weighting factor.The time weighting factor is the
number of days the specific shares are outstanding as a proportion of the total number of days in the period.
r). Earning Per Share (EPS):
The company calculates Earning per Share (EPS) in accordance with IAS-33 "Earning per Share" which has been
shown on the face of Profit and Loss Account and the computation of EPS is stated in Notes-27 appearing
hereinafter.
i). Basic Earning per Share - This has been calculated by dividing the basic earnings by the weighted average
number of ordinary shares outstanding during the period.
ii). Diluted Earnings per Share - No diluted EPS is required to be calculated for the period, as there was no scope
for dilution during the period under review.
s). Cash Flow Statement
Cash Flow Statement has been prepared in accordance with IAS-7 "Cash Flow Statement" and the cash flow
from operating activities have been presented under direct method as prescribed by Securities and Exchange
Rules 1987 and considering the provision of paragraph 19 of IAS-7 which provides that "Enterprises are
encouraged to report cash flow from operating activities using the direct method".
t). Advertisement Expense:
To establish brand name and capture market share the company had to spend in advertising and publicity
during the year which has been charged to Income Statement as selling expenses in the current year.
u). General Information on Financial Statement
Responsibility for preparation and presentation of financial statement
The Board of Directors is responsible for the preparation and presentation of financial statements under section
183 of the Companies Act 1994.
The financial statements were amalgamated with figures of 2 (two) companies named Keya Detergent Limited
and Keya Soap Chemicals Limited as on 30.06.2011 as per Amalgamated Scheme.
Impairment
In accordance with the provisions of lAS 36: Impairment of Assets, the carrying amount of non-financial assets, other than
inventories are reviewed at each reporting date to determine whether there is any indication of impairment. If any such
indication exists, then the asset's recoverable amount is estimated and impairment losses are recognized in statement of
comprehensive income. No such indication of impairment has been raised till to date.
Cornetic lid.
v). Components of the Financial Statement

Following are the components of Financial Statements:
a).Statement of Financial Position
b).Statement of Comprehensive Income
c).Statement of change in equity
d).Statement of Cash Flow
e).Notes to the Financial Statements
w). Proposed Dividend:
This has been considered as "Shareholder's Equity" in accordance with Companies Act 1994, the Securities &
Exchange Rules 1987 and lAS 10 (Original Version) "Contingencies and Event Occurring after the Balance Sheets Date
adopted by ICAB, lAS 10 (Original Version) provides that "Dividend Proposed or Declared after Balance Sheet Date
I but before approval of the Financial Statements should be either adjusted or disclosed".
x). Reporting Period: 01-07-2010 to 30th June, 2011.
y). Reporting Currency:
The figures in the financial statements represent Bangladesh Currency (Taka), which has been rounded off to the
nearest Taka.
z). Comparative Information:
During the year 2010-2011, the Company amalgamated with two other companies under the same group. According
to amalgamation, a new company was formed after amalgamation, which name was fixed as an existing Company,
Keya Cosmetics Limited. So, no comparative column has been disclosed in this year.
30/06/2011
3,0 FIXED ASSETS 768,284,817
Details of property, plant and equipment and depreciation as of June 30,2011
are shown in the Schedule - A .The break up of the balance are as below:

At Cost Less Depreciation 3.1 766,630,166

Deferred Expenses 3.2 1,654,651
3.1 At Cost less Depreciation 766,630,166
Details of fixed assets and depreciation as of June 2010 are shown in the
annexed schedule -A .The break up of the balance are depicted below:
Fixed Assets at cost:
Opening Balance 1,271,390,845
Addition during the year 27,526,280
Closing Balance 1,298,917,125
Accumulated Depreciation:
Opening Balance 456,070,387
Charged during the year 76,216,572
Closing Balance 532,286,959
Written Down Value 766,630,166
9"eya Corniotics Ltd.

1,654,651
3.2 Deferred Expenses
21,311,885
Opening Balance
Written off during the period (19,657,234)
Management has decided to amortize the defered expenes of Cosmetics within next 5 (five) years from 2006-2007.
Management has decided to amortize the defered expenes of Detergent within next 5 (five) years from March 2008
Management has decided to amortize the defered expenes of Soap Chemicals within next 5 (five) years from 2006-2007.
.. 6.051225 111
4.0 INVESTMENT
Investment on share 4.1 160,225,171
Share money deposit 4.2 445,000,000

4.1 Investment in Share
No. of shares

Keya Spinning Mills Ltd. (Ordinary Share) 8,380,000 83,800,000

Keya Cotton Mills Ltd. 6,300,810 63,008,100
Port Folio with PH 1,000,371

Central Depository Bangladesh Ltd. (CDBL) 456,945 7,416,700

Keya Sweaters Ltd. 50,000 5,000,000
4.2 Investment on Share Money Deposit

Keya Yarn Mills Ltd. 45,000,000
Share money deposit will be converted into share capital and Keya Yarn Mills Limited will
issue 44,50,000 fully paid ordinary shares ofTk.100/- each in favour of Keya Cosmetics Limited.
5.0 STOCK OF GOODS MATERIALS & STORES 75178,5:

5 Raw .1
& Packing Materials 310,655,781
Work in Process 5.2 359,744,378
Finished Stock 5.3 39,685,543
Spare Parts & Stationary Goods 65,092,803
Stock and Stores have been taken valued and certified

by the management and consist of the following:
5.1 Raw & Packing Materials 31O,65.**
Raw Materials 257,940,875
Packing Materials 52,7 14,907
5.2 Work in Process 359,744378

Cosmetics 124,211,376
Detergent 40,081,684
Soap Chemicals 195,451,318
5.3 Finished Stock

.0 MATERIAL IN TRANSIT
I
7.0 LOANS, ADVANCES AND DEPOSITS
Advance Income Tax 7.1 61,653,506
VAT Current Account 7.2 41,928,125
SD Current Account 7.3 1,050,102
94 yL Comtic lid.
VAT Payment under Sub- Judicial 3,212,239

Advance against land purchases 120,000,000
Advance against Expenses 32,060,313
Advance against Salary 159,999
Advance against House Rent 134,500
Prepaid Insurance 5,365,506
Marginal Deposit A/c 9,823,811
Deposit with Rural Electrification Board (REB) 211,306
Deposit against TNT 15,000
Deposit with BOC 24,000
Prepaid Advertisement Expenses/Film Making Expenses 533,336
Other Advance 400,000
Deposit with TGTDCL (Titas Gas) 2,573,952
7.1 Advance Income Tax 61,653,506
As per last year account 8,1 72,940
Addition during the year 69,175,671
Adjustment for the year (15,695,105)
7.2 VAT Current Account & Supplementary Duty 41,928,125
Balance as per last account 33,1 07,463
Paid through challan 59,000,000
Paid on purchase
Paid on Export (DEDO) 15,059,393
Adjustment during the year (9,518,988)
Payable during the year (398,209,391)
7.3 SD Current Account 1,050,102
Balance as per last account 2,317,012
Paid through challan 9,500,000
Payable during the year (10,766,910)
8.0 TRADE DEBTORS 380,378,450
Receivable from Export 69,501,710
Receivable from Distributor 310,876,740
No amount was due by the directors, managing agent, managers and other officers of the
S company and any of them severally or jointly with any other person. Considered good. No
provisions has made against the debtors.
9.0 OTHER RECEIVABLE . 60,397
Others Receivable 60,397
10.0 CASH & BANK BALANCES

Cash in Hand 2,103,098
Cash at Bank 7,461,491
Bank Asia Ltd., CD A/C 00833007207 7,440
Bank Asia Ltd., CD A/C 00833007139 830,759
Premier Bank Ltd. A/C 11100014034 5,320
0
One Bank Ltd., CD A/C 00118376008 89,812
Dhaka Bank Ltd. For. Exc. Branch CD-4444 49,415
Dutch Bangla Bank Ltd.Gulshan Br.-CD A/C: 116-110-3398 35,374
IFIC Bank Ltd Konabari Br. 10,157
lFlC Bank Ltd., CD A/C 0021 33007801 29,553
Premier Bank Ltd A/c - . . .12791 5,104
Comttic lid
Sonali Bank B.B.Avenue CD A/c-33007687 1,828,455

Sonali Bank B.B.Avenue STD A/c-36001134 2,31 3,639
Sonali Bank Ltd., CD A/C 33011813 71,328
Pu ball Bank Ltd., IBB BR. A/C 11015200/0549 122,278
Pubali Bank Ltd., IBB BR. A/C 31000262/2871 1,818,952
Standard Bank-Guishan Branch, CD A/C 33007895 40,773
Standard Bank Ltd., Gulshan Branch CD A/C 33009652 200,695
Standard Bank Ltd., Guishari Branch CD A/C 33009644 2,436
Auditors observation:
1)Cash in hand as of 30.06.2011 was shown as per books of the company. Our audit was post
dated. As a result we could not physically verify cash as on 30.06.2011. However a cash
custody certificate was obtained from the Managing Director of the company.
2) Bank Balances were reconciled & certified by the respective bank branches as on 30.06.2011
which were found in agreement with books of account.
11.0 SHARE CAPITAL 611,524,740
Authorized Share Capital:

7,00,00,000 Ordinary Shares @ Tk. 10.00 each 700,000,000
Issued, Subscribed & Paid up Capital: 611,524,740
611,52,474 Ordinary Shares of Tk 10.00 each
a. Composition of Share holders:
No. of Shares %ofholdings Taka
Mr. Abdul Khaleque Pathan 11,070,296 18.10% 110,702,960
Mrs. Feruza Begum 223,407 0.37% 2,234,070
Mrs. Khaleda Parvin 415,479 0.68% 4,154,790
Mr. Masum Pathan 392,856 0.64% 3,928,560
Keya Knit Composite Limited 7,656,711 12.52% 76,567,110
Khaleque & Co. (Pvt.) Ltd. 45,849 0.07% 458,490
Keya Cotton Mills Ltd. 100,000 0.16% 1,000,000
Keya Yarn Mills Ltd. 675,109 1.10% 6,751,090
Keya Sweaters Ltd. 51,416 0.08% 514,160
General Public 40,521,351 66.26% 405,213,510
Total 61,152,474 611,524,740

At the date of amalgamation, Keya Cosmetics Limited has been issued and subscribed 2,88,00,000 fully paid shares @
Tk 10/- each, in which Keya Detergent Limited holds 54,000 shares which was forfeited according to Clause 14(b) of
Scheme of amalgamation. That is why, the total number of share stands at 2,87,46,000 shares.
At the same date, Keya Detergent Limited has been issued and subscribed 1,78,59,600 fully paid ordinary shares @ Tk
10/- each, in which Keya Cosmetics Limited holds 3,95,000 shares which was cancelled and did not made allotment.
According to Clause 14(a) of Scheme of amalgamation, the exchange ratio between Keya Cosmetics Limited and Keya
Detergent Limited is 1:1.16694. So total shares of Keya Cosmetics Limited has been issued to the existing
shareholders of Keya Detergent Limted stands at 1,49,66,151.
At the san,L uate, Keya Soap Chemicals Limited has been issued and subscribed 3,10,00,000 fully paid ordinary shares
@Tk 10/- each, According to scheme of amalgamation, the exchange ratio between Keya Cosmetics Limited and Keya
Soap Chemicals Limited is 1:1.77749. So totalshares of Keya Cosmetics Limited has been issued to the existing
shareholders of Keya Soap Chemicals Limted stands at 1,74,40,323.
As per above details,the total number of shares of Keya Cosmetics Limited comes to 6,11,52,474.
Cosmetics Ltd.

b. Distribution Schedule - Disclosures under the Listing Regulations of Dhaka and Chittagong Stock Exchange Ltd.:
2010-2011 2009-2010
Holdings of Shares
No. of holders Number of Shares Holding % Number of Shares
Less then 500 6,531 1552,170 2.54% 1,056008
500 to 5,000 4,727 8,256,275 13.50% 5,531,620
5,001 to 10,000 383 2,666,590 4.36% 2,276,829
10,001 to 20,000 268 3,618,018 5.92% 2,232,861
20,001 to 30,000 76 1,845,330 3.02% 1,080,100
30,001 to 40,000 41 1,459,981 2.39% 841,100
40,001 to 50,000 28 1,345,265 2.20% 553,600
50,001 to 100,000 42 2,894,670 4.73% 2,790,200
100,001 to 1,000,000 48 14,096,883 23.05% 6,903,950
Over 1,000,000 6 23,417,292 38.29% 5,533,732
Total 12,150 1 61,152,474 100.00% 1 28,800,000

C. Market price per share Taka
Dhaka Stock Exchange Ltd. 87.00
Chittagong Stock Exchange Ltd. 86.70
d. There was no foreign shareholding of the company as on 30.06.2011.
12.0 SHARE PREMIUM 24,000,000

$
13.0 RETAINED EARNINGS 1!! 850,034,683
Surplus during the Year 268,379,323
Dividend Declared (86,059,600)
14.0 LIABILITIES TO BANK (LONG TERM LOAN) 72,769,228
Dhaka Bank Ltd., Foreign Exchange Branch, A/C 1318 34,502,430

Dhaka Bank Ltd., Foreign Exchange Branch, A/C 052760001 11,723,328
Bank Asia Ltd., A/C No. 00835001111 12,083,847
One Bank Ltd., A/C No. 18376024 7,395,057
Standard Bank Ltd. Guishan A/C 01 0935003959 7,064,565
The above long term loan are secured by registered mortgage of the factory
land and land development and building and other civil works and
15.0 BANK LOAN & OVERDRAFTS 949,778,473
CC Loans CC(P)556 Sonali Bank, BBA Avenue Branch 123,995,764

CC Hypo CC(H)548 Sonali Bank, BBA Avenue Branch 41,131,202
CC Hypo CC(H) A/c- 000-523-00, Premier Bank, Banani 50,989,701
LTR -Premier Bank 59,583,677
LTR- Standard Bank 81,227,025
Prime Bank Ltd., A/C 72901 328 27,547,539
Prime Bank Ltd., Dilkusha Branch, LTR 9,987,432
Dhaka Bank Ltd., Foreign Exchange Branch-LTR 144,663,829
Dhaka Bank Ltd., CC A/C 203-175-259 55,509,875
One Bank Ltd., Principal Branch-LTR 185,329,919
LTR - Bank Asia Ltd. 169,812,509
Comotie Ltd.

Auditors observation :The above loan balances were certified by the bankers concerned.
The excess utilization was due to charge of interest as on 30.06.2011 which has since been adjusted.
The rate of interest of above short term loans are varied from 15% to 16%.
160 SUNDRY CREDITORS , 96,336,816
Creditors for Advertisement 2,272,542

Creditors for Materials 92,769,590
Creditors for Transport Expenses 1,006,285
Creditors for Others 288,399
Auditors observation:
These are unsecured and falling due within one year and considered good for payment.
17.0 OUTSTANDING LIABILITIES 12,287,052
Wages & Salary 3,853,081

Gas Bill 2,880,078
AGM Expenses 4,621,165
Audit Fees 100,000
Tax deducted at source:
From Salary 832,728
18.0 PROVISION FOR INCOME TAX 166,106,484

Provision this year on Operating Income 82,652,279
Provision this year on Non Operating Income 3,878,938
Adjustment (55,608,707)
Provision of income tax has been calculated under the Income Tax Rules applicable for the assessment
Year 2010-2011
19.0 UNCLAIMED DIVIDEND 4,132,591

Opening balance 6,038,819
Proposed for the last year 86,059,600
Paid during the year (87,965,828)
20.0 WORKERS' PROFIT PARTICIPATION FUND 17,745,527

Add: During the year 17,745,527
Add: Interest
Paid during the year (4,759,951)
1.0 TURNOVER 2,817,514,128
Sales (Local)
Cosmetics 1,130,984,627
Detergent 455,729,5 16
Soap Chemicals 1,057,248,233
Sales (Export)
Cosmetics 173,551,752
Detergent
L
Wastage/scraps sale
$2,479,310.74
Foreign exchange earn this period from Export
C --rnetie g lid.

22.0 COST OF GOODS SOLD 1,808,850,555
Raw, Packing and Spare Parts Consumed: 22.1 1,658,605,105

Manufacturing Overhead 22.2 146,474,633
Add :Opening Work In Progress 318,068,986
Less: Closing Work in Progress (359,744,378)
Cost of Goods Manufacture 1,763,404,346
Add: Opening Finished Stock 85,1 31,752
Less: Closing Finished Stock (39,685,543)
COST OF GOODS SOLD 1,808,850,555
22.1 Raw, Packing and Spare Parts Consumed: 1,658,605,105
Opening Stock 192,330,065

Local Purchase 1,188,852,304
Import Purchase 588,078,518
Goods available for use 1,969,260,887
Less: Closing Stock 310,655,782
1,658,605,105
22.2 Manufacturing Overhead 146,474,633
Fuel oil & Lubricant 3,278,179
Salary and Wages 48,794,202
Repairs & Maintenance 2,322,473
Utility Charges-Gas 23,752,890
Labour Charges & Overtime 657,364
Carriage Inward 508,310
Tool Charges 186,145
Depreciation (as per schedule) 66,975,070
23.0 SELLING & ADMINISTRATIVE OVERHEAD: 117,475,818

Salary & Allowances 15,276,280
Director's Remuneration 23.1 4,433,182
Advertisement 55,144,380
AGM Expenses 4,526,457
Audit, Legal & Professional Charges 485,500
Marketing Meeting Expenses 338,393
Carriage Outward 734,168
Conveyance 206,005
Defered Expenses written off 19,657,234
Depreciation as per schedule 9,241,502
Entertainment 313,846
Fees & Forms 518,766
Repairs & Maintenance 380,101
Electricity 64,719
Medical Expenses 271,254
91;9yc1 Conmetier. Ltd. 51

Misc Expenses 29,642

Postage & Courier 76,576
Rent, Rates and Taxes 672,404
Sample Expenses 174,507
Printing & Stationery 88,393
TA/DA 2,732,607
Telephone! Fax / Email Expenses 254,062
Merger Expenses 1,855,840

23.1 Directors Remuneration Fl 4,433,182
Abdul Khaleque Pathan - Managing Director

Feruza Begum - Chairman 1,248,182
Khaleda Parvin - Director 3,1 85,000
Masum Pathan - Director
24.0 FINANCIAL EXPENSES 130,197,999
Bank charge 4,656,954

Interest on Bank Loan 24.1 125,320,012
Rental's on Leases 24.2 221,034

24.1 Interest on Bank Loan U 125,320,012
Interest-CC (Hypo & Pledge) 34,793,316

Interest on bank (Term loan) 18,210,804
Interest on LIM, LTR & PAD 72,3 1 5,892
24.2 Lease Rental paid during the year 221,034
Prime Finance & Invest. Ltd. 85,472

International Leasing Co. Ltd. 135,562

25.0 NON OPERATING INCOME pq 19,394,691
Dividend from Prefe. Share of KSML for the year 2010 2,000,000
Dividend from Prefe. Share of KSML for the year 2011 1,166,666
Dividend Income from KCL 81,000
Dividend Income from KDL 395,000
Dividend Income from KCML 15,752,025
BASIC EARNING PER SHARE (EPS) IAS-33 4.39
Earning attributable to the shareholders (Net Profit after Tax) 268,379,323

Weighted average number of shares outstanding during the year 26.1 61,152,474
Conitic lid.

26.1 WEIGHTED AVERAGE NUMBER OF ORDINERY SHARE

The computation of above is given below:
No. of weighted
Period No. ofshare I Weight average share
01.07.2010 to 30.06.2011 61,152,474 365 da 61,152,474

Total 61,152,474
27.0 NET ASSETS VALUE PER SHARE 25.04
Net Worth of the Company 1,531,304,154
Number of Shares 61,152,474
28.0 NET OPERATING CASH FLOW PER SHARE 2.50
Net Operating Cash Flow
Number of Shares 152,756,695
29.0 REMUNERATION TO OFFICERS: 61,152,474
a)Aggregate amount and break-up thereof of remuneration paid
to officers under para 4(1) of part
(ii) of the Securities & Exchange Rules 64,070,482
b) Aggregate amount
c) Break-up
Basic remuneration 35,238,765
House rent allowance 26,909,602
Conveyance allowance 1,922,114
30.0 RELATED PARTY TRANSACTION (lAS -24) 596,808,100
Investment in Share 151,808,100
Share Money Deposit 445,000,000
31.0 FINANCIAL INSTRUMENTS AND RELATED DISCLOSER lAS 32
Interest Bearing
Maturity within Maturity more than
one year one year
Financial Assets 389,943,039 151,808,100
Investment in share 151,808,100
Trade Debtors 380,378,450 -
Cash & Cash Equivalents 9,564,589 -
Financial Liabilities 1,058,402,340 72,769,228
Bank Loan & Overdrafts 949,778,473 72,769,228
Sundry Creditors 96,336,816 -
Outstanding Liabilities 12,287,052 -
Net Financial Assets/(Liabilities) (668,459,301) 79,038,872
9cey Corrutic g ltd. 53

32.0 Capital Expenditure Commitment

There was no contingent liabilities as on 30.06.2011 except L/C liabilities.
There was no credit facility available to the company under any contract, other than trade credit available in
the ordinary course of business and not availed of as on 30.06.2011.
33.0 Payment of Foreign Currency
Import of Machinery & spare parts of the machinery. Import of Raw Materials.
No other expense included consultancy fee, royalty, technical expert and professional advisory fee, interest,
etc. was incurred or paid in foreign currencies except as stated above.
34.0 Foreign Exchange Earned
Exported in USD.
No other income included consultancy fee, royalty, technical expert and professional advisory fee, interest,
etc. was incurred or paid in foreign currencies except as stated above.
35.0 Commission, Brokerage or Discount against sales
No commission was incurred or paid to distributors, agents nor any brokerage or discount was incurred or
paid against sales.
36.0 Credit Facility Not Availed
There was no credit facility available to the company under any contract, but not availed as on 30th June 2011
other than trade credit available in the ordinary course of business.
37.0 Segment Reporting
As there is single business and geographic segment within the company operates as such no segment
reporting is felt necessary.
Attandance Status of Board Meeting of Directors
During the period from 01.07.2010 to 30.06.2011 there were 18 (Eighteen) Board Meetings were held. The
attandance status of all the meetings is as follows:
For Board Meeting, attendance fees were not paid to the Directors of the Company.

39.0 Disclosure as per requirement of Schedule XI, Part II of the Company Act. 1984
a. Disclosure as per requirement of Schedule XI, Part II, Note 5 of Para 3

a(i) Employee Position for Keya Cosmetics Mills Limited (As at 30th June 2011)
Salary Range (Monthly) Officer & Staff Worker Total Employee
Head Office Factory
Below Tk. 3,000/- - - 2.00 2.00
Above Tk. 3,000/- 49.00 83.00 405.00 537.00
Total 49,00 83.00 407.00 539.00
Disclosure Lis per reqtlir(rnerlt of schedule X1, Pdri II, Prd
,yaCosmeties:Ltd.
b(i) Period of payment to Directors is from 1st July 2010 to 30th June 2011.
b(ii) The above Directors of the company did not take any benefit from the company other than the remuneration
and festival bonus.
a.Expense reimbursed to the managing agent -Nil
b. Commission or other remuneration payable separately to a managing agent or his associate -Nil
c.Commission received or receivable by the managing agent or his associate as selling or buying agent
of other concerns in respect of contracts entered into such concerns with the company - Nil.
d.The money value of the contracts for the sale or purchase of goods and materials or supply of services,
entered into by the company with the managing agent or his associate during the financial year.
e.Any other perquisites or benefit in cash or in kind stating - Nil
f. Other allowances and commission including guarntee commission - Nil.
g. Pensions, etc.-
1)Pensions -Nil
2)Gratuities - Nil
3)Payment from Provident Fund - Nil
4)Compensation for loss of office - Nil
5)Consideration in connection with retirement from office - Nil.
C. Disclosure as per requirement of Schedule XI, Part II, Para 7
Details of production capacity utilization
Particulars Licence Capacity Installed Actual Production in MT from 1st CapacityUtilization from
Capacity in MT July 2010 to 30th June 2011 1st July 2010 to 30th June 2011
Annual Production Capacity Not mentioned in the Licence 33,600.00 27,235.40 81.06
d Disclosure as per requirement of Schedule Xl, Part II, Para 8

i) Raw Materials, Spare Parts, Packing Materials and Capital
I Items
Import
Purchase in Taka
Local ] Total
Consumption
in Taka
% of Consumption of total
purchase
Raw Materials 588,078,518 804,050,998 1,392,129,516 1,612,247,052 115.81
Spare Parts - 39,876,510 39,876,510 29,684,561 74.44
Packing Materials - 20,168,515 20,168,515 16,673,492 82.67
Total 588,078,518 864,096,023 1,452,174,541 1,658,605,105
The value of imported raw materials is calculated on CIF basis.

ii)The Company has not incurred any expenditure in foreign currency for the period from 1st July 2010 to
30th June 2011 on account of royalty, know-how, professional fee, consultancy
iii) Foreign exchange earning USD 2479310.74 equivalent of BDT 173,551, 752/- in respect of export has been
calculated on FOB basis.
iv)The Company has not earned any foreign exchanges for royalty, know-how, professional fees and consultancy fees.
v)The value of export from the period from 1st July 2010 to 30th June 2011.
Co--meties Ltd.

e. Disclosure as per requirement of Schedule XI, Part II, Para 3'

Requirements under condition Compliance status of Disclosure of Schedule XI, Part II, Para 3
3 (i)(a) The turnover Complied
3 (i)(b) Commission paid to selling Not Applicable
3 (0(c) Brokerage and discount of Not Applicable
3 (i)(d)(i) The value of the raw Complied
3 (i) (d)(ii) The opening and closing Complied
3 (D(e)ln the case of trading Not Applicable
3(i)(f)ln the case ofCompanies Not Applicable
3 (i)(g) Opening and closing stocks, Not Applicable
3 (i)(h) In the case of other Not Applicable
3 (i)(i) Work-in-progress, which hay Complied
3 (i)(j) Provision for depreciation, Complied
3 (i)(k) Interest on the debenture Not Applicable
3 (i)(l) Charge for income tax and Complied
3 (i)(m) Reserved for repayment of Not Applicable
share capital and repayment of loans
3 (i)(n)(i) Amount set aside or Not Applicable
3 (i)(n)(ii) Amount withdrawn from Not Applicable
3 (i)(o)(i) Amount set aside to Not Applicable
3 (i)(o)(ii) Amount withdrawn from Not Applicable
3 (H( p ) Expenditure incurred on each
separately for each item: (i) Complied
(H) Power and Fuel (Hi) Rent (iv)
Machinery (vi)(1) Salaries, wages
40.0 Subsequent Disclosure of Events after the Balance Sheet Date - Under lAS 10
There is no non-adjusting post balance sheet event of such importance, non disclosure of which would affect
the ability to the users of the financial statements to proper evaluation and decision.
41.0 Details of Lease Agreement:
There is no lease assets. So no lease agreement was required or signed.
42.0 Disclosure as per requirement of schedule XI, Part - I (A. Horizontal Form) of Companies Act. 1994
Accounts Receivable
F In regard to sundry debtors the following particulars shall be given separately:-
43.0 (I) Debt considered good in respect of which the company is fully secured:
The debtores occurred in the ordinary course of business are considered good and secured.
(II) Debt considered good for which the company hold no security other than the debtors personal
security There is no such debt in this respect as on 30 June 2011.
(Ill) Debt considered doubtful or bad
The company does not make any provision for doubtful debts as on 30 June2011, because
of the fact that sales/export are being made on regular basis with fixed maturity dates.
4 (IV) Debt due by directors or other officers of the company

There is no such debt in this respect as on 30 June 2011.
Cometic lid.

(V)Debt due by Common Management

There are no amount due form sister company under common management as on 30 June 2011.
(VI)The maximum amount due by directors or other officers of the company
There is no such debt in this respect as on 30 June2011.
44.0 Approval of the financial statements:
These financial statements were authorized for issue in accordance with a resolution of the company's Board
of Directors on 21st August 2011.
45.0 General
a. Comparative amounts
Wherever considered necessary previous year's figures have been restated, in order to conform to current
year's presentation.
I b.Presentation currency
The annexed financial statements are presented in Bangladeshi currency (Taka), which have been rounded
off to the nearest Taka.
46.0 Events after the Balance Sheet date:
47.0 Proposed Dividend
In the board metting held on 21 August 2011, the management proposed to declare 21% stock dividend for
the year 2010-11 subject to the appoval by the share holders in AGM.
48.0 Internal Control
The following steps have been taken for implementation of an effective internal control procedure of the Company:
A strong internal control and compliance division has been formed with a view to establish a well desgnated
system of internal control.
Regular review of internal audit reports with view to implement the suggestion of internal auditors in respect
if internal control
To establish an effective management system that includes planning, organizing and supervising culture in
the factory as well as at Head
49.0 Contingent Liability
There is no contingent liability.
rj 50.0 General Comments and Observations
Previous period's figure have been regrouped/reclassified whereever considered necessary to confirmed to
current period's presentation.
All shares have been fully called and paid up.
Auditor's are paid only statutory audit fees.
No foreign exchange remitted to the relevant shareholders during the period under audit.
No amount of money was expended by the company fo rcompensating any members of the Board for special
service rendered.
There was no bank guarantee issued by the company on behalf of Directors.

9
Khaleda Pervin Syed Noorul Alam 0
9eya. Cometics lid.

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0
Proxy Form
I/We of
..............................................................................being a member of Keya Cosmetics Limited
herebyappoint Mr./Ms...........................................................................................................................................................................
.................................................................................................................................................................of
...................................................................................................................................asmy/ourproxy
I to attend and vote for me/us on my/our behalf at the 15th Annual General Meeting of the Company to be
held on 30th September, 2011 at 11.00 am. at the Factory Premises of the Keya Knit Composite Limited of
Jarun, Konabari, Gazipur and at any adjournment thereof.
As witness me/our hand this day of September, 2011

'
r
Signature of Proxy________________________________________________
Signature of Member.
__
BO ID/Folio No. L
I 9eya. Cosmetic ltd.

Attendance Slip
I/We hereby record my presence at the 15th Annual General Meeting of Keya Cosmetics Limited on Friday, 30th
September, 2011 at 11.00 a.m. at the Factory Premises of the Keya Knit Composite Ltd. of Jarun, Konabari, Gazipur.
Nameof the Shareholder ...........................................................................................Signature.................................................
Numberof Shares ....................................................................................BO ID/Folio No.............................................................
Nameof the Proxy ................................................................................................Signature.........................................................

N.B. The member attending the meeting is kindly requested to mention the registered name and Folio/BO ID
number on this slip and present the same at the registration counter on the day of the meeting.
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Keya Cosmetics 2011 Annual Report

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111

Our Objectives '

"No compromise with Quality" is our key objective

94eyU, Cometic Ltd.

Our key Our primary

Annual Report 2010-11

Table of Contents Page

9eya Comtics lid.

Subject: Annual Report for the year ended June 30,2011.

Notice of the 15th Annual General Meeting

By Order of the Board of Directors

Syed Noorul Alam

ci'Ic i1i n i. ir ct ___

Stock Exchange Listing:

Authorized Capital in Taka Tk.700,000,000.00

Paid-up Capital in Taka Tk.6 11,524,740.00

Number of Shares 61,152,474 (as on 30.06.2011)

Number of Shareholders 12,407 (as on record date)

Business Lines Manufacturing and Selling Cosmetics & Toiletries Products.

Head Office & Factory Jarun, Konabari, Gazipur.

Liaison Office Navana Tower,

Executive Director (Finance) &

Deputy General Manager (A&F) &

Audit Committee Auditor

1. Name of the Company Keya Cosmetics Limited.

2. Total No. of Securities 61,152,474 ordinary shares

3. No. of Securities held by Sponsors 20,531,123 shares (33.57%)

4. No. of Securities held by General Public 40,621,351 shares (66.43%)

5. Face Value of Share Tk.1 0.00

6. Market Lot 500 nos. I

7. Listing Date September 16,2001.

8. Listing with Dhaka Stock Exchange Ltd.&

10. BOISIN BD0477KECOS5

11. Share Category 'A

12. Business Segment Pharmaceuticals & Chemicals

13. Earnings Per Share Tk.4.39 (30.06.2011-Amalgamated)

15. Net Operating Cash Flow Per Share Tk.2.50 (30.06.2011)

16. Share Price as on 30.06,2011 DSE - 1k. 87.00 per share

1.Keya Super Beauty Soap:

Weight Size 100gm

Weight Size 130 gm

9eya Cametics Ltd.

5.Keya Prickly Heat Powder:

6. Keya Ice Magic Body Cooler Powder:

Weight Size 100gm

7. Keya Natural Care Shampoo

8. Keya Dandruff Control Shampoo

Annual Report 2010-11

9.Keya Active Tooth Paste:

12.Keya 777 Laundry Soap

13.Keya Refined Coconut Oil:

14.Keya Petroleum Jelly:

9Seya Cometic Ltd.

17. Keya Pomade:

Keya Lemon Detergent Powder:

Keya White Plus Detergent Powder:

Keya Super Excel Detergent Powder:

Keya Super Jet Detergent Powder:

Keya Soap Noodles (Sodium Salt of Palmitic Acid)

Tooth Paste (Gel). Fairness Cream.

9'eya., Comticc Ltd.

Annual Report 2010-11

Welcome Message from the Chairman ckiiI'i icii tt' vlEt