| |
| Balance
Sheet as at June 30, 2007 |
|
|
|
|
|
|
|
|
|
|
|
| |
Note
|
2007
|
|
2006
|
|
|
|
Rupees(000)
|
|
Rupees(000)
|
|
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
| Non-current
assets |
|
Fixed
assets |
4
|
952,118
|
|
816,734
|
|
|
Investment
in associate |
5
|
54,077 |
|
50,609
|
|
|
Long-term
loans and advances |
6
|
10,943
|
|
11,231
|
|
|
Long-term
deposits |
|
2,887 |
|
2,887
|
|
|
Deferred
taxation |
7
|
38,583
|
|
4,195
|
|
|
Retirement
benefit obligations - prepayments |
8
|
39,809 |
|
31,893
|
|
|
|
|
|
|
|
|
|
1,098,417
|
|
917,549
|
|
| Current
assets |
|
|
|
|
|
| Stores,
spares and chemicals |
9
|
229,371 |
|
| 282,797 |
| 3,843,622 |
| 3,674,774 |
| 25,852 |
| 1,271 |
| 56,025 |
| 3,532 |
| 833,671 |
| 2,199 |
| 2,363,107 |
|
|
| Stock-in-trade
|
10
|
5,107,781 |
|
|
|
Trade
debts |
11
|
4,779,465 |
|
|
|
Loans
and advances |
12
|
22,439 |
|
|
|
Accrued
interest / mark-up |
13
|
7,726 |
|
|
|
Trade
deposits and short-term prepayments |
14
|
49,091 |
|
|
|
Other
receivables |
15
|
15,891 |
|
|
| |
Tax
refunds due from Government - Sales tax |
|
1,476,306 |
|
|
|
Financial
assets at fair value through profit and loss |
16
|
201,769 |
|
|
|
Cash
and bank balances |
17
|
1,698,277 |
|
|
|
|
|
13,588,116 |
|
11,086,850
|
|
|
|
|
|
|
|
| Total
assets |
|
14,686,533 |
|
12,004,399
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EQUITY
AND LIABILITIES |
|
|
|
|
|
| Share
capital |
18
|
300,000 |
|
250,000
|
|
| Reserves |
|
129,751 |
|
77,030
|
|
| Special
reserve |
19
|
4,375,332 |
|
4,224,518
|
|
|
|
|
|
|
|
|
|
4,805,083 |
|
4,551,548
|
|
| LIABILITIES |
|
|
|
|
|
| Non-current
liabilities |
|
|
|
|
|
|
Retirement
benefit obligations |
8
|
| 4,373 |
|
| 9,526,925 |
| 1,989 |
| - |
| 348,163 |
| 9,877,077 |
|
|
| 5,628 |
| |
| 7,063,744 |
| 8,782 |
| 29,080 |
| 345,617 |
| 7,447,223 |
|
|
|
Current
liabilities
|
|
|
|
|
Trade
and other payables |
20
|
|
|
|
Accrued
interest / mark-up |
|
|
|
| |
Short-term
borrowings |
21
|
|
|
|
|
|
|
|
| |
Taxation
- provision less payments |
|
|
|
| |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Total
liabilities |
|
9,881,450 |
|
7,452,851 |
|
|
|
|
|
|
|
| Commitments |
22
|
|
|
|
|
|
|
|
|
|
|
| Total
equity and liabilities |
|
14,686,533 |
|
12,004,399
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The
annexed notes form an integral part of these financial
statements.
|
|
Farooq
Rahmatullah
Chairman |
Zafar
Haleem
Chief
Executive
|
|
|
|
