Scribd Logo
Upload

Welcome to Scribd!

  • 72 views

    4th Quarterly Report 074-75-Statement

    Uploaded by

    Damodar
    Nepal Telecom published its unaudited financial results for the fourth quarter of fiscal year 2074/75. Total assets increased to NPR 129.7 billion as of Ashadh 32, 2075 from NPR 129.9 billion as of Chaitra 30, 2074. Net profit after tax for the period was NPR 15.7 billion, up from NPR 11.9 billion in the previous period. Earnings per share increased to NPR 104.45 from NPR 105.39 in the previous period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    4th Quarterly Report 074-75-Statement

    Uploaded by

    Damodar
    72 views1 page
    Nepal Telecom published its unaudited financial results for the fourth quarter of fiscal year 2074/75. Total assets increased to NPR 129.7 billion as of Ashadh 32, 2075 from NPR 129.9 billion as of Chaitra 30, 2074. Net profit after tax for the period was NPR 15.7 billion, up from NPR 11.9 billion in the previous period. Earnings per share increased to NPR 104.45 from NPR 105.39 in the previous period.

    Original Description:

    Nepal telecom

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Nepal Telecom published its unaudited financial results for the fourth quarter of fiscal year 2074/75. Total assets increased to NPR 129.7 billion as of Ashadh 32, 2075 from NPR 129.9 billion as of Chaitra 30, 2074. Net profit after tax for the period was NPR 15.7 billion, up from NPR 11.9 billion in the previous period. Earnings per share increased to NPR 104.45 from NPR 105.39 in the previous period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    72 views1 page

    4th Quarterly Report 074-75-Statement

    Uploaded by

    Damodar
    Nepal Telecom published its unaudited financial results for the fourth quarter of fiscal year 2074/75. Total assets increased to NPR 129.7 billion as of Ashadh 32, 2075 from NPR 129.9 billion as of Chaitra 30, 2074. Net profit after tax for the period was NPR 15.7 billion, up from NPR 11.9 billion in the previous period. Earnings per share increased to NPR 104.45 from NPR 105.39 in the previous period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Schedule - 1

    Nepal Telecom
    (Nepal Doorsanchar Company Limited)

    Unaudited Financial Results of Forth Quarter of Financial Year 2074/75 (Shrawan 2074 - Ashadh 2075)
    Statement of Financial Position

    As at Ashadh 32, 2075 As at Chaitra 30, 2074 As at Ashadh 31, 2074


    Rs(Unaudited) Rs(Unaudited) Rs(Audited)
    Assets
    Non- Current Assets
    Intangible assets 99,262,899 115,447,149 163,999,899
    Property, Plant and Equipment 38,833,342,156 37,144,574,929 37,143,110,564
    Capital Work-in-Progress 4,367,226,520 5,908,327,030 6,131,524,342
    Investments 10,009,764,905 9,652,368,215 8,156,708,029
    Deferred Tax Asset 5,052,400,245 4,678,494,643 4,347,506,855
    58,361,996,725 57,499,211,966 55,942,849,689
    Current Assets
    Inventory 327,484,443 489,621,375 459,033,801
    Prepayments and Advance Tax 1,491,679,800 2,140,649,275 1,180,592,652
    Loan, Advance & Others 2,831,493,137 2,258,130,535 2,705,565,030
    Trade Receivable 2,828,504,506 3,438,221,255 2,673,822,703
    Investments 41,270,740,000 41,697,640,000 34,389,750,000
    Cash & Cash Equivalents 22,613,255,046 22,379,446,554 24,255,209,290
    71,363,156,932 72,403,708,994 65,663,973,476
    Total Assets 129,725,153,657 129,902,920,960 121,606,823,165
    Equity and Liabilities
    Share Capital 15,000,000,000 15,000,000,000 15,000,000,000
    Reserve and Surplus 83,474,723,657 79,690,515,236 76,330,848,229
    Total Equity 98,474,723,657 94,690,515,236 91,330,848,229
    Non-Current Liabilities
    Post Employment Benefits 10,653,362,365 10,184,761,676 9,180,167,297
    Subscriber Deposit 1,983,675,990 1,971,852,260 2,037,519,310
    GSM License Fee 1,958,161,866 2,454,307,016 3,942,742,468
    Non-Current Liabilities 14,595,200,221 14,610,920,952 15,160,429,075
    Current Liabilities and Provisions
    Taxation Liabilities - - -
    Provisions 4,885,450,309 2,140,880,483 2,109,700,681
    Current Liabilities 11,769,779,470 18,460,604,289 13,005,845,180
    16,655,229,779 20,601,484,772 15,115,545,861
    Total Equity and Liabilities 129,725,153,657 129,902,920,960 121,606,823,165

    Statement of Profit or Loss

    Shrawan 2074 - Ashadh 2075 Shrawan 2074 - Chaitra 2074 Shrawan 2073 - Ashadh 2074
    Rs(Unaudited) Rs(Unaudited) Rs(Audited)
    INCOME
    Income from Services 39,320,406,408 29,392,137,852 40,346,817,951
    Other Income 6,245,463,678 4,461,133,043 4,242,171,171
    Total Income 45,565,870,086 33,853,270,895 44,588,989,122
    EXPENDITURE
    Personnel Costs 6,234,013,528 4,745,981,340 5,328,759,586
    VRS Expenses - - -
    Operation and Maintenance Costs 6,711,923,359 4,981,440,791 6,533,320,864
    Sales Channel, Marketing and Promotion Costs 1,647,309,368 1,172,170,293 1,593,405,851
    Administrative Costs 1,344,974,123 1,024,597,427 1,289,039,635
    Regulatory Fees, Charges and Renewals 3,647,476,837 2,647,999,953 3,495,780,251
    Finance Costs 513,309,460 379,887,483 810,278,845
    Depreciation 4,678,177,015 3,203,408,247 4,372,057,500
    Impairment Loss 249,504,564 - 157,531,918
    Equity Loss in Associate 8,618,000 - 8,618,802
    Exchange Loss/(Gain) (383,045,255) (71,239,579) 424,340,522
    Total Expenditure 24,652,260,998 18,084,245,955 24,013,133,774
    Net Profit Before Tax 20,913,609,088 15,769,024,939 20,575,855,348
    Provision for Income Tax 5,246,108,561 3,912,618,466 (5,203,091,224)
    Net Profit After Tax 15,667,500,527 11,856,406,473 15,372,764,124
    Other Comprehensive Income:
    Remeasurements of defined benefit plans - -
    Total Comprehensive Income for the Year 15,667,500,527 11,856,406,473 15,372,764,124

    Ratios as at Forth Quarter Ended Ashadh 32, 2075


    As at Ashadh 32, 2075 As at Chaitra 30, 2074 As at Ashadh 31, 2074
    Rs(Unaudited) Rs(Unaudited) Rs(Audited)

    Earnings Per Share(Rs.) 104.45 105.39 102.49


    Closing Market Price of Share (Rs.) 721 733 675
    P/E Ratio 6.90 6.96 6.59
    Net Worth Per Share(Rs.) 656.50 631.27 608.87
    Current Ratio 4.28 3.51 4.34
    Note:
    1 Above presented figures are subject to change as per the directions, if any, of Statutory Auditor
    2 The issue of quantification of the GSM license fee that expired on 2071.01.28 is still not settled within the regulatory authority. So, the company renewed its
    license fee by paying Rs. 18.90 crores and has amortized the cost accordingly based on its validity period. The fee liability, if confirmed and quantified, may result
    in further cost to the company and hence, net profit after tax will be adjusted by that extent.
    3 Finance costs comprises of the unwinding of the GSM License fee liability carried at fair value using the applicable discount rates. These are non-cash
    expenditures charged to Statement of Profit or Loss to comply with requirement of NFRS.
    4 The company follows requirement of Security Exchange Board of Nepal (SEBON), Nepal Stock Exchange (NEPSE) and the requirement of Companies Act, 2063 for
    publishing interim financial reporting. Condensed Financial Statements prepared as per Nepal Accounting Standard 34 "Interim Financial Reporting" is published
    in the website "www.ntc.net.np" of the Company
    5 Previous quarters' figures have been regrouped and rearranged whereever necessary

    You might also like