Un-audited Financial StaEmentsof

Prime Flnane & Invesfrnent Limited

As at and for the lst quarter ended 31 March 20L6

il]

Prime Finance & Investment LimitedConsolidated Balance Sheet

As at 3l March 2016

PROPERTY AND ASSETS

CashIn hand (including foreign curencies)Balance with Bangladesh Bank and its agent bank(including foreign curencies)Total Cash

Balance with other banks and financial institutionsln BangladeshOutside BangladeshTotal balance with other banks and financial institutions

Money at call and on short notice

InvestmentsGovernmentOthersTotal Investments

Loans, advances and leasesLoans, advances, leases etc.Bills purchased and discountedTotal loans, advances and leases

Fixed assets including premises, furniture and fixturesOther assebNon - business assetsTotal assets

LIABILITIES A]ID CAPITA.

LiabilitiesBonowings ftom dter bad(s, frrancid irs|frJtins id 4E tts

Deposits and o6er aorrtsCunent and drer accorrGBills payabhSavings ac@untsTerm depositsBearer certificates of depositOther depositsTotal deposits and other accounts

Other liabilitiesTotal liabiliues

Capital/shareholderc' equityPaid up capitalStatutory reserveRevaluation reserveRetained earningsEquity attributable to shareholders, of the companyNon-controlling interestTotal shareholderc, equityTotal liabilities and shareholders, equity

OFF-BALAI{CE SH EET ITElrtSContingent liabilitiesOther commitmentsTotal off-balance sheet items including contingent liabilities

Net Asset Value per share (NAV)

sd/-Company Secretary

Dhaka, 14 May 2016

sd/-Chief Financial Officer

Fagurcs in Taka

31-Mar-15(Un-audited)

I L41,302,992 I

31-Dec-15

360,3L4,2472,637,2s6,558

_re,7tt3&gt,s7s_

3,L78,654,547

9,227,251,Lss

9,221,25L,L55

3,093,925,0L4

9,544,207,157

9,5t4,2O7,157

2.593.949.85s' 15,232,092,036

sd/-Managing Director

sd/-Chairman

14 ,371,472 172,553,778

--r4,"E]lt--r,irryl847,917,235 1,313,109,080

i ',;;lr- ",^;J866,197,600 927,765,L38

l-i"*-ry-trj@;FFrlL4,733,269,698 14,362,636,774

2.777.492.L'LL5,L77,397,8.53

358,808,7222,571,798,L66

_r$5!9,!!8r,8e3._

(Audited)

1

I z?2irlrrr:r1l--z@@1| 927,108,s10 | | 927,r0S,s10 I| 221,943,7s0 | 1 zzt,xs,tso II fsso.goz.grz)l I (r+z,ror,oearl

3,541,314,779 3,736,055,002800,@9,262 80s,497,s37

.!,?4L,964,O4 4,s4r,ss3,s39

-- Ifg&fe3- -ae,rzl3rg*,

{-

_ 12.98 13.69

sd/-Director

VI

Prime Finance & Investment LimitedConsolidated Profit and Loss AccountFor the lst quafter ended 31 March 2016

Figures in Taka

31-Mar-16 31-Mar-15Interest incomeInterest paid on deposits, borrowings etc.Net interest incomeInvestment incomeFees, commission, exchange and brokerageOther operating income

Total operating income (A)

Salaries and other employee benefitsRent, taxes, insurance, electricity etc.Legal expensesPostage, stamp, telecommunication etc.Stationery, printing, advertisements etc.Managing director,s salary and feesDirectors'feesAuditors'feesDepreciation and repair of assetsOther expensesTotal operating expenses (B)Profit before provision (C=A-B)

Provision for loans, advances and leasesGeneral provisionSpecific provisionProvision for diminution in value of invesUnentTotal provision (D)Total profit before tax (C-D)Provision for taxationCurrentDeferred

Net profit after tax

Attributable toShareholders of the oompanyNon-controlling interest

Weighted avetiage no. of outstanding shares

Earnings per share

sd/-Company Secretary

Dhaka, 14 May 2016

I tu'vY*6n [--le^s16/61,I t42,18e,s26 ll $,46s,272|/| (17s,4s6)l I os.oos,sz+ I

_ z-7_-,2?4,164 97,O18,63t(198,587,045) (128A6140r)

sd,l-Chief Financial fficer

sd/-Managing Director

385

(8,7ss,48,315,638

sd/-Director

l-- 1,3681-s6-]I r:oo.oozll1.002.454

(199,589.499)

(194,74L,224)(4,848,27s)

272.9L6.4A3

---------o7it

1,71L,387

(108,0s3,022)(21,12s,855)

--22?2?2,- 2

-------To-Ei

sd/-Chairman

8,445,507397,719829,674

L,790,7103,750,000

128,00014,375

4,041,420

316,62s767,221

t,015,2073,750,000

230,000L4,375

3,804,684

/

Prime Finance & Investment LimitedConsolidated Cash Flow Statement

For the lst quarter ended 31 March 2016

Figures in Taka

31-Mar-16 3l-Mar-15A) OPERATINGACTTVITIES

Interest receiptsInterest pavments

Fees and commission receiptsDividend receiptsCapital gains from sale of listed sharesCash payments to employeesCash payments to suppliers and management expensesIncome taxes paid

Receipts from other operating activitiesPayments for other operating activitiesCash generated before changes in operating assets and liabilities

Increase/ (decrease) in operating assets and liabilities:

Net loans and advances to customersLoans and deposits from banks and other depositorsCash generated from operating assets and liabilitiesNet cash from operating activities

B) INVESTINGACTIVITIES

Acquisition of fixed assetsSale of securitiesInvestment in securitiesNet cash from investing activities

C) FINANCING ACTryMESCash dividend paid

Net cash from financing adiyities

D) Net increase/ (decrease) in caCr and caCt equivalents (A+B+C)

E) Effects of exdtang€ rate drangcs on caCr and cash equivalents

F) Cash and caslrequiyalerGat beginning ofthe period

G) Cash and cash equivaler*s at efld of ttre period (D+E+F)

Crsh and cash equivalents at end of Ute period represents:Cash in hand (indudirE foreifn otrrenc,es)Balance with Bangladesfi Bank and its aq€nt bank (including foreign currencies)Balance with other banks and finandal in$iMions

Net operating cash flow per share (NOCFPS)

(496,374,151) 271,642,494

1,485,662,858 699,752,4L7

@.@

68.480t4r,302,992

___-E9,aSEZ07_

-(mot

252,271,208(217,811,035

3,130,8704,968,704

(16,648,49s(42,352,730(21,932,83t(3,60733,t24,054

403,310,886(336,

2,668,5736,651,14s

(L2,t97,(30,7s2,(39,607,026(1,77s,8,520,881

(2,2e3,42s)

f--------6op-od-lI 117,299,195 I

I es+,ors,zto I

---91L391sLL-

029

-- Gz--Gzs,=3zs,N, - e--er,?w%nI ezz,qaz,ttt\l I rto,zg:,s:z I

(s58,769,632)$69,49!,707)

(2,591,097)160,808,677(8s,100,024)

73,1L7,556

82,522,13780,238,312

(14,70s,989)429,792,568

(223,682,397\191,404,1A2

1

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1

Prime Finane & InvestmentBalance Sheet

As at 31 March 2016

Limited

Figures in Taka

PROPERTY AND ASSETS

CashIn hand (including foreign currencies)Balance with Bangladesh Bank and its agent bank(including foreign currencies)Total cash

Balance with other banks and financial institutionsIn BangladeshOutside BangladeshTotal balance with other banks and financial institutions

Money at call and on short noticeInvestmentsGovernmentOthersTotal investments

Loans, advances and leasesLoans, advances and Leases etc.Bills purchased and discountedTotal loans, advances and leases

Fixed assets including premises, furniture and fixturesOther assetsNon - business assetsTota! assets

UABITITIESAND CAPITAL

LiabiliUesBorrowlngs from other banks, financial institutions and agents

Deposits and other accountsCurrent and other accounEBills payable

Savings accountsTerm depositsBearer certificates of depositOther depositsTotal deposits and other accounts

Other liabilitiesTotal Iiabilities

Capital/shareholders' equityPaid up capitalStatutory reserveRevaluation reserveRetained earningsTotal shareholders' equityTota! Iiabilities and shareholders. equity

OFF-BALANCE SHEET TTEMSContingent liabilitiesOther commitrnentsTotal off-balance sheet items including contingent liabilities

Net Asset Value per share (NAV)

sd/_Company Secreta.ry

Dhaka, 14 May 2015

sd/-Chief Financial Officer

31-Mar-16 31-Dec-15

-TAuaited)-(Un-audited)

2,s96,113,840

9,221,251,t55

L,25t,1

2,246,313,383L4,O63,678,378

2,482,679,t49

9,544,207,Ls7

9,544,207,157

2,067,722,L9414094,608,500

729,927,108,51022t,943,750

2,729,164,830927,108,510221,943,7s0

,4073/.87.AO9.697

L7,582,418,197

1,55-----_frtr

sd/-Managing Director

sd/-Director

sd/_Chairman

I r4L,302,992 ll L72,482,807 I

4 ,362,992 L72,542,807

t----Mrsfla---Irr:o;E||846,351,231 1,31,.,767,788

s07.2s2.;7s5O7,252,175507,252,175 55e630,829

[ ]="*7112,719,135,fi8 12,343,396,372

337,397,6772,812,519,781

L7,364,OL9,264

337,620,8322,864,459,569

----L7'!92A!9M-

Prime Finance & Investment LimitedPrcfit and Loss Account

For the lst quarter ended 31 March 2016

Figures in Taka

31-Mar-16 31-Mar-15

Interest incomeInterest paid on deposits, bonowings etc.Net intercst incomeInvestment incomeFees, commission, exchange and brokerageOther operating income

Total operaUng income (A)Salaries and other employee benefitsRent, taxes, insurane, elecbicity etc.Legal expensesPostage, $amp, telecommunication etc.Stationery, printing, advertisements etc.Managing Directo/s salary and feesDirectors ftesAuditors feesDepreciation and repair of assetsOther expensesTotal operating expensec (B)Profit before provision (C=A-B)

Provision for loans, advances and teasesGeneral provisionSpecific provisionProvision for diminution in value of investmentTotal provision (D)Total profit before tax (C-D)Proviion fiortaxauonCurrentDeEn€d

llet plofrtfrer tar

Weighted avefiagG no. of out*anding draroEarnings per share

sd/-Company Secretary

Dhaka, 14 May 2016

366,9@,732

(

1,s96,838

20,658,9196,238,380

369,519768.,879

t,709,3332,100,000

128,000

2,63L,438

$a7,,HgAtgl

27L91.6,83

-idmi

44,044,3ffi7,547,U7

3L6,625725,LBL974,2U

2,100,00095,000

2,093,646

l-.Flf--s+zr-6|I (366,002)l I (971,355)l

1

43,465,272

97,01&535(76,387,74)

272,916,#3----.--f0-6

sd/-Chief Financial Officer

sd/-Managing Director

sd/-Director

sd/-Chairman

(115,959,128) 20,630,891.1O,380,r$ 61.,294,619

(187/{58111) (76,364,241)

Prime Finance & Investment LimitedCash Flow Statement

For the lst quafter ended 31 March 2O16

Figures in Taka

31-Mar-16 31-Mar-15

A) OPERATING ACTIVITIES

Interest receiptsInterest payments .Fees and commission receiptsDividend receiptsCapital gains from sale of listed sharesCash payments to employeescash payments to suppliers and manaqement expensesIncome taxes paidReceipts from other operating activitiesPayments for other operating activitiesCash generated be{ore changes in operating asfib and liabilities

Increase/ (decrease) in operatang assets and liabilities:

Net loans and advances to customersLoans and deposits from banks and other depositorscash generated from operating assets and liabilitiesNet cash from operating activities

B) INVESTING ACTIVITIES

Acquisition of fixed assetsSale of securitiesInvestment in securitiesNet cash from investing activities

C) FINANCING ACTIVITIES

Cash dividend paidNet cash from financing activities

D) Net increase/ (decrease) in cash and cash equivalents (A+B+c)

E) Effects of exchange rate changes on cash and cash equivalents

F) Cash and cash equivalents at beginning of the period

G) Cash and cash equivalentsatend ofthe period (D+E+F)

Cash and cash equivalents at end of the period represents:Cash in hand (includinq foreign currencies)Balance with Banqladesh Bank and its agent bank (including foreign currencies)Balance with other banks and financial institutions

Net operating cash flow per share (NOCFPS)

f ilElr2g-Zrstlf

-(i6^340P-?,il| (zog,szr,srz)l | 110,293,s33 I

(528,808,571) 93.9s3,461(s39,556,741) 1O6,439,L37

229,042,309(2L2,04O,1

r,669,24s3,999,934

(16,648,(22,7s8,91(21,932,831

33,t24,054

(10,7s8,17O)

726(266,237,7t1

1,596,8384.739,316

(12,191,309)

G0,7s2,165)(t8,144(t,77s,9788.520,881

412,4E5,67O

(2,408,284)160,808,577

(4,619,999)402,892,568

(11s,430,024) Q23'682'397)42,970,369 174,590,!72

(496,s96,372) 281,029,309

1,484,310,59s 676,177,885

---- s8fit4,223 -- 9s?,20r,194

141,302,9921

50,000117,299,195

987,714,223 957,2O7,L94:

-4r.98)

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Prime Finance & Investment LimitedSelected ExPlanatory Notes

As at and for the period ended 31 March 2016

Reporting EntitYprime Finance & Investment Limited is one of the leading Non Banking Financial Institutions, known

for its diversified financial services. The company was incorporated in the year 1996 as a Public

Limited company under the companies Act, 1994 and licensed by Bangladesh Bank under the

Financial Institutions Act, 1993.

Basis of PreparationThese 1,t qru,t"1. financial statements are being prepared in condensed form in accordance with the

requirements of Bangladesh Accounting Standard (BAS-34) 'Interim Financial Reporting', Securities

and Exchange Rules 1987, Regulations issued by Bangladesh Bank and other applicable laws and

regulations.

Accounting PoliciesThe accounting policies and method of computation adopted for the preparation of these interim

financial statements are the same as those applied in preparation of annual financial statements for

the year ended 31 December 2015.

Approval of 1* Quarter rePortftrese t" quarter financial statements for the period ended 31 March 2016 were approved by the

Board of Directors on MaY L4,2016.

GeneralThe 1$ quarter financial statements for the period ended 31 March 2016 are un-audited' The

comparative figures have been restated and rearranged whenever considered necessary to ensure

comparability with the current financial statements. Figures are rounded-off to the nearest integer'

10