FY 2010
06/30/201
0
FY 2011
FY 2013
FY 2014
06/30/2011
FY 2012
06/30/201
2
06/30/2013
06/30/2014
564.1
25.4
-364.9
-1,083.8
3,294.9
0.0
1,014.5
26.8
7.0
31.1
1,249.0
0.0
2,079.1
33.5
-348.7
-2,113.9
3,190.6
0.0
1,990.1
46.9
-240.9
-479.7
-1,039.9
0.0
2,316.8
62.3
-201.7
534.4
5,074.6
0.0
2,435.6
2,328.3
2,840.6
276.4
7,786.3
5.2
-35.0
0.0
1.1
-81.0
0.0
0.0
-229.1
-2,667.4
0.0
-175.0
-1,916.0
0.2
-136.7
0.0
0.0
0.0
0.0
-239.8
158.3
-29.8
-79.9
-2,896.6
-2,330.8
21.8
-176.1
-133.4
-183.1
-313.9
-820.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
27.8
40.8
-176.1
-133.4
-183.1
-286.1
-780.0
2,229.8
2,115.0
-239.1
-2,340.5
7,028.1
2010-11
2011-12
2012-13
2013-14
-2,000.0
-4,000.0
Year
Net Change in Cash in
Million
2009-10
2010-11
2011-12
2012-13
2013-14
2,229.8
2,115.0
-239.1
-2,340.5
7,028.1
From the graph it is seen that net change in cash flow went to its peak on 2014 whereas in
previous years it was negative (in year 2012 and 2013). Now here our point of analysis would
why the cash balance has gone down in the year 2012 and 2013. This indicates that during that
timeline the firm has more cash outflow than inflow. The cash position of the firm has
deteriorated compared to 2010-11. During the year 2011-12 total increase in investment
increased by BDT 2,667.4 million which continued to increase further in 2013 by BDT 1,916.0
million. Increase in Investment in the fixed deposit is solely responsible for the change in
cashflow position.
Increase in Investment
3000
2500
2000
1500
1000
500
0
2009-10
Year
Increase in
Investment
2010-11
2011-12
200910
0
2012-13
201011
0
201112
2667.4
36
2013-14
201213
1915.9
76
201314
0
Changes in Accounts payable has contributed to the net change in cash. In 2012-13, Accounts
payable was reduced by BDT 1,039.9 Million which contributed to the poor performance of cash
inflow in that year. In the following year 2013-14, Accounts payable has increased by BDT
5,074.6 million which has contribution in better cashflow position.
2010-11
2011-12
2012-13
2013-14
-2,000.0
Year
Increase in Accounts
Payable
2009-10
3,294.9
2010-11
1,249.0
2011-12
3,190.6
2012-13
-1,039.9
2013-14
5,074.6
Increase in Inventories
2,500.0
2,000.0
1,500.0
1,000.0
500.0
0.0
2009-10
2010-11
2011-12
2012-13
2013-14
-500.0
-1,000.0
Year
200910
Increase in Inventories
1,083.8
201011
-31.1
201112
2,113.9
201213
479.7
201314
-534.4
The dividend payment has been quite consistently upward sloping throughout the years. On the
other hand, increase of Net Income has not been upward sloping like the increase in dividend
payment. In the long run, if the growth of dividend payment and the growth of Net Income isnt
complement each other then Jamuna Oil might face liquidity crisis.
Chart Title
200%
150%
100%
50%
0%
2010-11
2011-12
2012-13
2013-14
-50%
% Increase in Dividend Payment
% Increase in Net Income
Year
% Increase in Dividend
Payment
% Increase in Net Income
2010-11
2011-12
2012-13
2013-14
-24%
37%
71%
161%
23%
9%
24%
11%