2007   2006
  Taka   Taka
16. Profit and loss accounts surplus/Retained earnings    
Retained earning brought forward                3,974,555        3,569,539
Adjustment of asset revaluation reverse            19,016,210        6,249,522
Transferred from unadjusted dividend distribution tax- 04  -         5,000,000
Retained surplus             22,990,765       14,819,061
Add: Profit after tax and provision during the year          409,535,557     248,753,254
Profit before appropriation           432,526,322     263,572,315
Less: Appropriation for the year            429,329,600     259,597,760
Statutory reserve              30,000,000       10,000,000
General reserve     -        10,000,000
Proposed bonus share (@ 1:1)           399,329,600     199,664,800
Cash dividend    -        39,932,960
Balance carried forward Total             3,196,722        3,974,555
CONTINGENT LIABILITIES