GBB POWER LIMITED · 2020. 11. 12. · GBB POWER LIMITED Notes to the Financial Statements FOR THE 1* qUARTER ENDED ON 30 SEPTEMBER 2O2O Basis of Preparation The 1't Quarter financial

FINANCIAL STATEM ENT (UN.AUDITED)

FoR THE ltt qUARTER pERloD ENDED oN30 SEPTEMBER 2O2O

of

GBB POWER LIMITED

GBB POWDI3 I-,M[rTEI)House # 7,Road# 4,Dhinmondi R/A, Dhaka-1205

UNAUDITED STATEMENT OF FINANCIAT POSITIONASAT 30SEPTEMBER2O2O

NET ASSETS :

Non-Current Assets

Property plant & EquipmentsLeasehold Land Development

lnvestment at Cost

Current Assets, Loan & Advances

lnventories

Advance, Deposit & prepayments

Accounts Receivable

Cash and Cash Equivalents

Total Assets

EqUlTV & TIABIIITIES:Shareholders, Equity

Ordinary Share CapitalShare Premium

Retained Earnings

Current [iabilities and provisions

Accounts Payable

Sundry Creditors

Accrued Expenses

Workers Profit participation and Welfare FundUnclaimed Dividend

Short Term Bank LoanProvision for Tax

Total Equity & Liabilities

Net Assets Value (NAV) per-Share

30-Sep-20

t,t43,gg7,stg

t,L4L,gg2,769

2,004,757

39,900,000

I PARflCUTARS I NOrEs(Amount in Takal@t

01

02

1,159,254,196

!,157,06t,499

2,L92,697

19,000,000

04

05

06

07

1,116,026,655

L29,932,246

202,414,'ttL65,949,596

618,930,304

t,124,077,013

149,622,465

L87,506,075

246,609,290

540,339,792

2,2gg,g!4,174 2,3O2,33t,t99

08

09

2,O5O,395,43t

1,019,035,490

866,550,000

175,809,951

2,029,147,933

1,019,035,490

866,550,000

744,562,454

10

LT

t213

t415

L6

273,193,265

64,L24,400

Lot,t237,497,543

73,574,9L3

t3,3'.1,7,323

123,925,794

50,759,t79

2,299,914,174 2,302,331,L99

t7 20.24

lnvr"^Director

Sh,JL

GBB POlvDN I.,IMITEI)UNAUDITED STATEMENT OF COMPREHENSIVE INCOME

FOR THE PERTOD FROM FROM 01 JULY TO 30 SEPTEMBER 2O2O

PARTICUTARS

SALES REVENUE

COST OF ENERGY SOLD

GROSS PROFIT

ADMINISTRATIVE, FINANCIAL & OTHER EXPENSES

NET PROFIT BEFORE OTHER INCOME &TAX

OTHER INCOME

NET PROFIT BEFORE CHARGING INCOME TAX

CONTRIBUTION TO WPP & WELFARE FUND

NET PROFIT BEFORE INCOME TAX

AFTER W.P.P. & W.F

PROVISION FOR TAX

NET PROFIT AFTER TAX

Earnings Per Share - EPS

q,;zfHManaging Director & CEO

NOTEl JULY TO

30 SEPTEMBER 2O2O

165,949,596

(t24,7t4,6901

L68,702,324

(L30,369,420l,

18

t9

41,234,906

{!!,925,L641

38,332,904

(!3,859,679120

2L

29,3O9,742

5,533,803

24,46?,225

t1,447,2O9

34,843,545

(!,659,2!61

35,910,434

(!,710,02u

22

33,184,329

(1,936,831)

34,2OO,413

(4,006,s23)

3L,247,498 30,193,890

0.31 0.30

"fft1"1","-Director Chairman

atGCompahy SecretarY

(Amount in Taka)

cliief Financial officer

Date: Dhaka, 12 November,2020

Page 2

GBB POWDR LIMITEI}UNAUDITED STATEMENT OF CASH FLOWS

FOR THE PERTOD FROM Ol JULY TO 30 SEPTEMBER 2O2O

PARTICULARS

Cash Flows from Operating Activities

Collections from Turnover and Others

Payment for Cost and Expenses

Financial Expenses

lncome Tax Deducted at Source/Paid

Cash Flows from lnvesting Activities

Acquisition of Property, Plant and Equipment

lnvestment with GBB Tea Eastate Ltd.

Cash Flows from Financing Activities

Cash Credit and Other Short Term Loan

Dividend/Fraction Share Dividend Paid

lncrease in Cash and Cash Equivalent

Cash and Cash Equivalents at Opening

Cash and Cash Equivalents at Closing

ilet Operating Cash Flow Per Share

h %'LManaging Director & CEO

I JUIY TO30 SEPTEMBER 2O2O

252,L43,O83(723,409,20t)

(4,308,179)

{L5,314,5751

1L2,578,984(!27,335,132],

(5,757,3541

(7,2L2,6281

tog,ttt,L28 (27,725,L301

(20,900,000)

(2,4001

(20,900,000) (2,400)

(6,43!,4521

(3,288,554)

19,72o,Ot6l

4,064,993

(12,849)

4,O32,135

78,49t,112

540,339,L93

(23,576,395)

652,448,621

518,830,304 628,772,226

1..07 lo.27l

nV,ra.tut(},#^Chalrman

4DCompaff Secretary

(Amount in Taka)

Chief Financial Officer

Date: Dhaka, 12 November, 2O2O

Page 3

GBB POWEN I,TMITEIDUNAUDTTED STATEMENT OF CHANGES IN EqUFY

FOR THE PERIOD FROM 01 JUIY TO 30 SEPTEMBER 2O2O

tn

PARTICULARSORDINARY SHARE

CAPITATSHARE PREMIUM

SHARE MONEY

DEPOSlTSRETAINED EARN!NGS TOTAT

tn July 2020

{et Profit for the Period

1,019,035,490 866,550,000 80,000 t44,562,454

3L,247,499

2,029,227,933

37.,247,498

l0th September 2020 1,018,035,490 866,550,000 80,000 175,809,951 2,060,475,43t

!n

PARTICUTARSORDINARY SHARE

CAPITATSHARE PREMIUM

SHARE MONEY

DEPOSITSRETAINED EARNINGS TOTAT

lst July 2019

{et Profit for the Period

1,019,035,490 855,550,000 80,000 181,656,622

30,193,990

2,066,322,t02

30,193,990

Eth September 2019 1,018,035,490 855,550,000 80,000 zlt,85O,St2 2,O95,5t5,992

q. 7-rrl.l\_*Managing Director & CEO

/n\W"_Director

e^4L

Date: Dhaka, 12 November, 2020

Page 4

GBB POWER LIMITEDNotes to the Financial Statements

FOR THE 1* qUARTER ENDED ON 30 SEPTEMBER 2O2O

Basis of Preparation

The 1't Quarter financial statements are being presented in condensed form in accordance with the

requirements Of lnternational 'accounting Standards (lAS-34) "lnterim Financial reporting" and rule 13 of

the Securities & exchange rules 1987. These financial statements are un-audited and are beingsubmitted to the shareholders. The presentation of the 1't Quarter financial statements requires the use

of estimates and assumption that affect the reported amounts of Assets and Liabilities at the date of 1't

Quarter financial statements and reported amounts of revenue and expenses during the period.Although these estimates are based in management's best knowledge of the amount, events or actions,

actual results may differ from those estimates.

Presentation of Financial Statements

The 1't Quarter financial statements are presented in Bangladeshi taka since this is the currency in which

the total transactions are denominated. Being a listed company GBB power Limited prepares its financial

statements (annual or interim) complying with the lnternational Accounting Standards (lAS) asapplicable and the company is well conscious of any new reporting standards and its associated impact

on the company's financial statements considered for adoption by the lnstitute of CharteredAccountants of Bangladesh (ICAB).

Accounting Policies

The accounting policies and method adopted for the preparation of these accounts are the same asthose applied in preparation of accounts for the preceding year ended on June 30,2020.

Transactions with Related Parties / Associated Undertakings

The company carried transactions with related parties in the arms' length basis and for detailsplease see note no. 3.00 and 5.02.

Earnings per share

Earnings per share has been calculated in accordance with IAS-33 "Earnings per share". Earnings per

share (EPS) as on September 30, 2019 Tk. 0.30 and as on September 30, 2020 Tk. 0.31

ParticularsSeptember 30

2020September 30

20L9

Net Profit (Tk.) 3,12,47,498 3,01,93,890

Number of Shares 101803548 101803548

Earnings per share 0.31 0.30

Page 5

PROPERTY PLANT & EqUIPMENTS

The figures have been arrived at as under:

Cost as per last account

Add : Additions during the period

Less : Adjustment during the period

Less : Accumulated Depreciation

Written down value

TEASEHOLD tAND DEVETOPMENT COST:

The figures have been arrived at as under:

Balance as per last Account

Less: Amortization during the period

INVESTMENT:

The break up of the above amount is as under :

Paidup Capital - GBB Tea Eastate Ltd.

Share Money Deposit - GBB Tea Eastate Ltd.

!NVENTORIES:

The break up ofthe above amount is as under:

Stock of Spare Parts for General

Stock of Spare Parts for E-70

Stock of Lubricants

ADVANCE, DEPOSIT & PREPAYMENTS:


Tk. 1,141,982,769

Tk. 2,004,751

Tk. 39,900,000

128,832,246

Tk. 202,414,511

Tk. 316321556

30 September, 2020

L,947,644,065

30 June, 2020

L,878,213,748

80,075,377

10,645,000

L,947,644,065

805,661,295

L,947,644,065

790,582,576

L,14L,982,769 L,157,061,489

Details have been shown in Annexure-'01'

(First Charge created by Bank Asia Limited, Dhanmondi Branch, Dhaka on Fixed & Floating Assets)

ol-00

otm

30 September, 2020

2,192,697

187,945

2,004,75L

30 June, 2020

2,944,479

75L,782

2,L92,697

30 September,2020

4,900,000

35,000,000

30 June, 2020

4,goo,ooo

14,100,000

_19,900,999- _19,000,999-

30 September,2020

L5,995,372

108,780,899

4,055,975

30 June,2020

23,522,606

L20,065,048

6,034,811.

L28,832,246 149,622,465

Central Depository Bangladesh LimitedOther Advances (Note-Os.01)

Bank Gurantee Margin (Bank Asia Ltd)Bangla Trac LimitedGBB Limited (Ex Sponsor Company) (Note-05.02)

Tax Deducted at Source on Other lncome (Note:05.03)

Tax Deducted at Source on Energy Payment (Note:05.04)

Tax Deducted at Refund-2018 (on 2007-2011 Assesed Amount)

30 September,2020

500,000

3,632,556

4,L33,42L1,192,900

17,766,602

15,169,326

151,236,108

9,383,698

30 June, 2020

s00,000

5,079,495

4,048,+-21

17,403,604

L4,651,307

136,439,ss0

9,383,598

_2O2,4L4,Stt_ _L87,506,O5GtOl OtherAdvancesi


Advance Rent (Office Rent)Advance Rent (Office Car Parking)Advance to Staff (Against Office Work)Advance to Staff (Against Salary)Prepaid lnsurance Premium

30 September, 2020

3!2,69072,03512,000

737,0642,498,766

3,632,556

30 June, 2020

411,50096,04817,750

80s,9483,748,L49

5,079,495

Page 6

0s.02

0s.04

Transaction With Related PartiesThe break up of the above amount is as under :

Name of Related Party:Nature of Relationship :Nature of Transactions :

Opening Balane

Transaction during the period

Interest Charged

Closing Balance

TAX DEDUCTED AT SOURCE ON OTHER INCOME


Opening Balane

Add. TDS On SND, MMSA & FDRInterest

TAX DEDUCTED AT SOURCE ON ENERGY PAYMENT

The break up ofthe above amount is as under :

Opening Balane

Add: Current Period Deduction

Tk t7,166,602

Tk 15,169,326

Tk 151,236,108

L65,949,596

618,830,304

Tk. 103,702,746

Tk. 514,597,380

30 June, 2020

GBB Limited

Sister Concern

Loan with 9% lnterest

17,403,604

(590,614)

353,612

17,166,602 17,403,604

30 September,2020 30 June, 2020

17,403,604

05.03

14,651,307

518,019

9,0371595

5,613,712

15,169,326 14,651,307

30 September,2020

136,439,551

14,796,557

30 June, 2020

110,380,363

26,059,188

151,236,108 136,439,551

06.00 ACCOUNTS RECEIVABLE:


Bangladesh Power Development Board

07.00 cAsH AND CASH EQUNALENTS:The break up ofthe above amount is as under :Cash in Hand at Head OfficeCash in Hand at Branch OfficeCash at Banks {Note-07.01)Fixed Deposit at Bank (Note-O7.02)

07.01 CASH AT BANKs:

07.02 Fixed Deposit at Bank:


Bank Asia Ltd, ,Dhanmondi Branch

IDLC Finance Ltd.

30 September,2020

155,949,596

165,949,595

30 September, 2020

34,38t495,797

103,702,746

574,597,380

618,830,304

30 June, 2020

246,609,280

246,609,28O

30 2020

L09,471466,735

79,8L2,427

459,950,559

540,339,192

The break up ofthe above amount is as under:Bank Asia Ltd. A/C 00733003080Bank Asia Ltd. A/C 00733003201 ESCROWBank Asia Ltd. A/C 02136000275Bank Asia Ltd. A,/C 02136000314 Fractional Stock & Cash Divident

BRAC Bank Ltd-1501201917699001Prime Bank Limited Al c-!467102007812LSha hja lal lsla mi Ba n k Ltd. A/C:4003 1 2400000022

Sharp Securities Ltd. 28999 BO A/C # 1203180052163888

30 September, 2020 30 June, 2020

39,L80

89,280,26210,588,813

769,493117,452

3,505,2932,752

_LO3,rO2J46

39,5101

62,706,663t3,877,377

769,493177,452

2,899,3292,602

79,812,427

30 September, 2020

29,L60,752

495,436,628

514,597,380

30 June, 2020

28,394,L11

431,556,448

30 2020

PaEeT

459,950,559

SHARE CAPITAL


101,803,548 Ordinary ihares ofTaka 10 each

SHARE PREMIUM


Opening Balance

1O.OO ACCOUNTS PAYABIE


Advocate Mahbub islam MajumderPayable for Office Space PurchasePashchimanchal Gas Co. Ltd.

11.00 SUNDRY CREDITORS:


111.01 Employees Fringe Benefits


Opening Balance

Payable During the period

Total

Less: Disburse during the period

Less: Transfer to Gratuty A/C During the Period

1i1.00 Workers Profit Participation and Welfare Fund


Opening Balance

Add: Made during the period

Total

Less: Disburse During the PeriodParticipation FundWelfare Fund for Employee (Familly Assistance)

Tk. 39,162,169

Tk. 730,383

Share Money DepositTax Deducted at Source (TDS) from salary,suppliers, office rent etc.

ACCRUED EXPENSES: Tk.The break up ofthe above amount is as under:

Salary & RemunerationEmployees Fringe Benefits (Note-12.01)

Office Rent

Audit Fees

713931461

Tk. 1,019,035,490

866,550,000

3,434,421

Tk. 13,1201629

30 September, 2020

1,018,035,480

1.018,035.480

30 September,2020

866,550,000

_qffd5u99_

30 June,2020

1,018,035,480

1.018.035.480

30 June, 2020

856,550,000

_!9f,55@9_

30 September, 2020

302,200

37,859,969

_38,162,169_

30 June, 2020

302,20020,000,000

43,822,200

_64,124,400

30 September,2020

80,000

650,383

_?30,393-

30 June, 2020

80,000

21,123

tol,L23

30 September, 2020

3,294,7003,434,421

89,340575,000

7,393,461

30 June, 2020

, 3,276,0563,547,t47

89,340575,000

7,487,543

30 September,2020

3,547,L47

783,245

30 June, 2020

L,945,986

5,4L1,607

4,330,392 7,357,587

1,755,7L8

4,330,392 6,201,869

895,971 2,654,722

3,434,421

30 September,2020

L3,574,9t3

1,659,276

3,547,L47

30 June,2020

l!,124,279

6,769,276

17,893,555

4,3!8,6423,836,79L

481,8s1

13,574,9L3

@Eq>

M'

14.00 UNCTAIMED DIVIDEND:


16.(n

17.00 NET ASSET VArUE pER SHARE (NAV)The break up of the above amount is as under :

Tk. 10,022,759

Opening

Addition (Cash Dividend):10% Cash Dividend for the year ended 30 June 20195% lntrim Cash Dividend for the half year ended 31 December 2019

Less: Paid Drrring the period (Cash Dividend)

BANK & FINANCIAL INSTTTUTE TOAN:The break up of the above amount is as under :short Term Loan Bank Asia Ltd. (sTL) _ o2135OO14OOBank Asia Ltd, OD A/C 02133001382

PROVISION FOR TAX

The break up of the above amount is as under :Provision for Tax at the Opening

Add. Durins the year

On lnterest Earned from OthersOn SND, MMSA & FDR

Tk. 117,394,332

52,695,010

30 September,202O

t3,371,323

30 June, 2020

4,057,346

101,803,548

50,901,774L3,31L,323(3.288.s54)

10,022.759

-

30 September, 2020

L10,772,936

6,627,396

t17,394,332

-

30 September,2020

50,759,179

1s6,762,669(143,4s1,34s)

L3,311,323

30 June, 2020

123,149,342

676,443

L23,825,7U

-

30 June, 2020

30,983,909

123,764

1,8L3,067

125,861

19,649,509

20.24

1,936,831 t9,774,370

_i2.59r4!.0_ {o ?{n r?o

30 September,2020 30 June, 2020Total AssetsLess: Total Liabilities(a) NetAssets(bJ Number of Ordinary Shares outstanding at the period ended30 September 2020

(c) Net Asset Vatue per Share (NeV) talb]

2,299,9L4,174

239,518,7432,302,33L,799

273,L93,265

2,029,147,933

101,803,s48

2,060,395,43L

101,803,548

20.24 19.93

Page 9

18.00 TURNOVER: Tk

The break up ofthe above arnount is as under :

Rental & Energy SoId*

19.00

19.01

l9.0l.r


Opening StockAdd: purchases

Less: Closing Stock

.01.2 Spare parts : General


Opening StockAdd: purchase

165,949,596

*:1,1o** is from sate of energy to Bangladesn ao*fficosT oF ENERGy soLD: vr vuerEJ ru rrangraoesh power DevelOpment Board.TIG 124,714,690The break up ofthe above amount is as under :

Consumed Gas BillDirect Expenses (Note_l 9.0 l)

Direct Expenses:


Lubricants Consumed (Note- I 9.0 l. l)Salary & AllowancesOperating Expenses_B ogra plantSpare Parrs (Note- I 9.0 1.2)

,tp*...r*r for E-70 6Note_ t S.O t .:;HavolineDepreciation ExpensesAmortization of Ieasehold land development costPlant All Risk Insurance premiumRepair & Maintenance

Lubricant:

1 JUIY TO 30SEPTEMBER 2O2O


59,339,751

66,375,939

165,949,596 169,702,324

1 JUIY TO 30SEPTEMBER 2019

l JUI.Y TO 30SEPTEMBER 2019

61,496,205

69,993,215124,714,690 130,369,420

66,375,939

l,g7grg36


1 JULY TO 30SEPTEMBER 2019

1,979,9367,22g,llg1,400,697

26,724,431ll,2g4,l4g

297,92514,927,933

1 96,066

1,249,393

1.098.500

66,375,939

--

1,304,6906,g7g,6lg

734,67331,751,90611,400,947

22,09414,394,022

196,066

1,249,393

971,036

69,993,215

TK


1 JUI-Y TO 30SEPTEMBER 2019

2,925,6906,034,91I

26,724,431

6,034,9114,055,975

_!g!.8362,925,6901,52r.000

_l;s{.680


47,530,03723,307,55370,937,59039.085.78431t5!d9{-


23,522,60619,197.197

42,719,90315,995,372

_26J2!,431

Less: Closing Stock

Page l0

19.01.3 Spare parts : E_70


Opening StockAdd:purchase

Less: Closing Stock

ll,2g4,l4g


1 JUI-Y TO 30SEPTEMBER 2019

168,553,972120,065,049

120,065,04gI08.780.899

-

ll,2g4,l4g

168,553,972

157,153.12s

71,400,947

20'00 ADMrMsrRATrvE, FTNANCTAL & orrrrREXPENSES:


Administative Expenses (20.0 I )Financial Expenses eO.O2)Other Expenses (20.03)

71,925,164

5,976,060


5,976,0604,309,1791.640.926

_1J=5J64

1 JULY TO 30SEPTEMBER 2O2O

I JUIY TO 30SEPTEMBER 2019

6,159,9615,757,3541.952.464

_!J,q{2.6?e


20.01 Administrative Expenses:


Directors RemunerationSalary & AllowancesFestival BonousEmployees Benefits CNote-20.0 1.0 I )Contribution for pFElectric BillOffice MaintenanceWasa Bill/Fresh WaterDepreciation ExpensesAmortization of leasehold land development costMiscellaneous Expenses

20.01.0 I Employees Fringe Benefits:


Annual LeaveGratuitty

20.02 Financial Expenses :


Bank ChargesBank Guarantee CommissionInterest on Bank Loan

Tk

1,775,0002,104,900

761,690793,245271,566gl,ggg

24,553

150,797

1,979t0-440

-

5,976,060

2,175,0001,910,400

902,090

7g0,l0g269,395

43,757

6,9007,309

145,293

l,g7g8.3s0

-

6,159,961

Tk 793,245

TK 4r30g,l7g


2gg,2g5494,950

_783215-


4,139503,921

3.800.1 l9

4,309,179


294,708505,400

TeaJqq_


76,525

4g2,lgl' 5.248.6385,757,354ffi

Page 1l

20.03 Other Expenses :


Fuel ExpensesRepar, Maintenance & Registation ExpensesTelephone & Mobile ExpensesTraveling & Conveyance ExepensesCourier Service ExpensesDonation & SubscriptionEntertainmentFooding Bill for StaffInsurance Premium ExpensesInternet Line ExpensesNews Paper BillOffice RentPrinting & StationerySafety Materials ExpensesRenewal & Regestration ExpensesOther Operational ExpensesUtility B ills/Service Charges

21.00 OTIIERINCOME


INtCTESI ON SND, MMSA & FDR ACCOUNT*Interest on Loan to Sister Concern

INCOME TAXEXPENSES:


Current Year Tax

11640,926

5,533,903

Tk 1,936,931



t95,27516,09549,92251,095

196

198,00042,570

39,900220

294,9224',l,5lg90,940

270,730234,612120.240

1.640.926

200,275142,20957,03236,221

749400,00015s,62444,490

134,16939,900

820309,223

. 0,,,':

61,430231,49098.588

1.952.464

353-6125.533.803

* Savings and FDR interest rate decreased by all Bank & Financial institute as per Bangladesh


5,l80,lgl

30 September,

l,936,g3l1.936.83r

-


11,447,209

11.447.209

Bank cerculer

30 June,2020

19.774.37019.774.370

Page 12

23.00 REcoNcltLATloN oF cAsH F[ow FR.M 'PERAT,NG

AcTtvtrEs usrNc rNDrREcr METHoD w,,H cAsH Ftow FR'M.,ERATTNG AcrvrrEs usrNc ffi; METlroDFOR THE PERIOD FROM 01 IULY 2O2OTO 30 SEPTEMBER 2O2O

A. CASH F1OW FROM OPERATING ACTIVITIESNet profit/(toss) Before Tax

Adjustment for;

Depreciation and Amortization

oPERATING pROFtT/(LOSS) BEFORE WORKTNG CAP|TAL CHANGES

Changes in Working Capitat:

Adjustnrents for (increase)/decrease in Operating Assets:

lnventories

Trade Reaeivable

Advancg Deposit & prepayments

Adjustnrents for (increase)/decrease in Liabilities:

Accounts payable

Sundry Creditors

Accrued Expense

Workers profit participation and Welfare Fund

NET CASH FI.OW FROM OPERATING ACTIVITIES

1JUTY TO30 September 202O

33,794,329

75,266,665

49,450,994

20,790,279

90,659,6g4

(74,909,436)

(25,962,237)

629,260

(94,082)

(454,284)

tog,ttt,!25

Tk (0.22) to Tk, L.07 is that the

OPERATING CASH FTOWS PER SHARE

The reason for increasing ofNet operating cash FIow per share fromCollections from Turnover and Others increased significantly.

'Page 13

c.;\ V\s*H

CL

e 5EtlotraE!f,H't os,> >c,

ooN(oooN(r)(Y)

(,Lr)oo

=f'O)Noiooo

ol@(otnorH(oFl

Na1oa,,r'T\r/)

No(ot\O)H

ooo(o@t,od

or/!o)NNO'loo'H

@o(n(oF{

C')rO

N6o)

GBB POWER LIMITED · 2020. 11. 12. · GBB POWER LIMITED Notes to the Financial Statements FOR THE 1* qUARTER ENDED ON 30 SEPTEMBER 2O2O Basis of Preparation The 1't Quarter financial

Documents