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Annual Report of Packages Limited 2013


(Rupees in thousand) 2013 2012
(Re-stated)
Profit / (loss) for the year 1,546,709 (2,441,019)

Other comprehensive income:
Items that will not be re-classified to profit or loss

Re-measurement of retirement benefits liability / (asset) 23,421 (78,852)
Tax effect (2,342) 7,429
21,079 (71,423)

Items that may be re-classified subsequently to profit or loss

Surplus on re-measurement of available
for sale financial assets 10,278,726 4,146,349

Other comprehensive income for the year - net of tax 10,299,805 4,074,926
Total comprehensive income for the year 11,846,514 1,633,907
Attributable to:
Continuing operations 12,095,617 5,563,008
Discontinued operations (249,103) (3,929,101)
11,846,514 1,633,907

The annexed notes 1 to 50 form an integral part of these financial statements.
Statement of Comprehensive Income
for the year ended December 31, 2013
Towfiq Habib Chinoy Syed Hyder Ali Syed Aslam Mehdi
Chairman Chief Executive & Managing Director Director