BALANCE SHEET ANALYSIS

OF
JOINT STOCK COMPANIES
LISTED ON THE KARACHI STOCK EXCHANGE

(2004-2009)

STATE BANK OF PAKISTAN

STATISTICS AND DWH DEPARTMENT

Team Leader

Dr. Azizullah Khattak

Director
aziz.khattak@sbp.org.pk

Team Members

Dr. Ishaque Ahmed Ansari

Additional Director
ishaque.ahmed@sbp.org.pk

Sajjad Hussain

Senior Joint Director

sajjad.hussain@sbp.org.pk

Shahid Latif

Joint Director
shahid.latif@sbp.org.pk

Muhammad Saeed

Assistant Director
muhammad.saeed2@sbp.org.pk

Muhammad Arfan Dilber

Assistant Director
arfan.dilber@sbp.org.pk

Contents
Page No.
Introduction

Methodology

ii - x

Executive Summary
Key Performance Indicators

xi xv
xvi

Analytical Tables and Profiles:

I. Sectors
(a) Overall

12

(b) Private

3-4

(c) Public

5-6

II. Economic Groups

1. Textile & Other Textiles
(a) Textiles
(b) Other Textiles

7 - 238
239- 265

2. Chemicals

266 323

3. Engineering

324 384

4. Sugar & Allied Industries

385 442

5. Paper & Board

443 460

6. Cement

461 496

7. Fuel & Energy

497 541

8. Transport & Communication

542 565

9. Other
(a) Tobacco

566 574

(b) Jute

575 584

(c) Vanaspati & Allied Industries

585 594

(d) Miscellaneous

595 682

III. Appendix:1

684 - 687

Appendix:2

688 - 689

Introduction
I. Preliminaries
The analysis is based on the published balance sheets of non-financial companies listed at the
Karachi Stock Exchange during the year 2009. For the purpose of comparison, the analysis of the previous
five years is also included in the publication. The number of companies included in the statistical analysis
varied from year to year. All the listed companies (except financial sector) during 2009 have been
classified into economic groups except Tobacco, Jute, Vanaspati & allied and Others which have been
included into the miscellaneous group. The year-wise distribution of companies classified according to the
respective economic group is as under: Table: 1 Distribution of companies by economic groups.
Economic Groups

2004

2005

Years
2006
2007

2008

2009

Cotton and Other Textiles

Chemicals
Engineering
Sugar and Allied Industries
Paper and Board
Cement
Fuel and Energy
Transport
Miscellaneous

189
36
42
35
12
22
25
13
77

182
34
41
35
12
22
28
15
74

181
34
41
35
10
22
28
12
73

180
34
41
36
10
20
27
12
77

182
35
40
36
10
21
27
12
74

167
36
38
36
9
21
27
13
67

Total:

451

443

436

437

437

414

During 2009, eight new companies were added whereas thirty one companies were excluded from the
analysis mainly due to non-availability of their annual balance sheets for the last three years or more.
Annual reports of twenty one companies (mostly on default counter of KSE) were not available at the
time of the analysis. To present a comparable and consolidated picture, the last available data in respect of
these companies have been repeated.
The sum of Assets and Liabilities of a company may exhibit minor differences due to rounding off
separate items. Ratios and percentages have been worked out after rounding off the figures in thousands,
which may, therefore, slightly differ from ratios obtained from actual amount of balance sheet. The
symbol appearing in the analytical tables stand for Not applicable or Not available.
The publication is based on the two sets of analysis:
(a) Overall summary:
This gives the consolidated financial analysis of companies listed at KSE.

(b) Company-wise analysis:

This provides financial analysis of the individual companies.

II. Methodology
A. Capital Structure
1. Ordinary Share Capital
This represents the total paid-up capital against issue of ordinary shares. These are amounts of capital
actually paid by the shareholders to the institution for acquiring its shares. It includes shares paid in
cash (subscribed/right issued), issued as bonus shares and shares issued for considerations other than
cash (e.g. for settlement of receivables/debts or debts redeemable into stock etc.).
2. Reserves
It is evaluated by aggregating all kinds of reserves except depreciation reserve and reserve for bad and
doubtful debts plus the balance of profit and loss account and subtracting there from intangible or
fictitious assets (e.g., goodwill, preliminary expenses, exploration accounts, patents, trade mark) and
adverse balance of profit and loss figures. The reserves entering into the calculation are: (i)
General
(ii)
Capital
(iii)
Development
(iv)
Dividend equalization
(v)
Proposed issue of bonus shares
(vi)
Profit on re-issue of forfeited shares
(vii)
Premium on shares
(viii)
Capital profit arising from the sale of fixed assets
(ix)
Special reserves under relevant provision of Income Tax Act
(x)
Raw material price equalization
(xi)
Tax equalization
(xii)
Contingency
(xiii)
Leave passage
(xiv)
Workmens compensation fund
(xv)
Gratuity, pension or provident fund
(xvi)
Investment depreciation but not including provision for actual shortfall of market value as
compared with book value
(xvii)
Publicity
(xviii)
Employees housing and welfare fund
(xix)
Charities
(xx)
Deferred liabilities
(xxi)
Taxation reserves including deferred taxation reserves, but not including provision for tax
assessed or estimated on actual or part of profits.
3. Shareholders Equity
This item purports to represent the total stake of the shareholders in the business and has been
obtained by adding the ordinary share capital to the surplus.
4. Preference Shares
As the name indicates these are ordinary shares of a company and pays a fixed dividend (whether the
company is earning profit or making loss during operation), but its shareholders have no voting privilege.
In case of liquidation of the company its status is normally considered prior to the status of ordinary
shareholders. The difference between ordinary shares and preference shares is as follows:

ii

a) Ordinary shareholder will receive dividend, which varies according to the prosperity of the
company but preference shareholder will receive a fixed amount dividend every year.
b) Ordinary shareholder has a right of voting in the companys annual general meeting while the
preference shareholder has no voting right.
c) Ordinary shareholders have to claim on the net assets of the company in case of liquidation,
while the claim of the preference shareholders is paid earlier.
5. Debentures / TFCs
These are bonds/certificates issued by a company to raise funds for long-term period (generally more
than one year) for a specific purpose, sometimes convertible into stock. At present, debentures have
been replaced by TFCs (Term Finance Certificates).
6. Other Fixed Liabilities
The liabilities, which are required to be discharge after a period of more than one year from the date of
balance sheet, are termed as other fixed liabilities or loan capital. They may consist of the
following items:
(i)
Loans from financial institutions.
(ii)
Loans from non bank financial companies.
(iii)
Loans from specialized financial institutions
(iv)
Foreign loans
(v)
Vendors account
7. Total Fixed Liabilities
It is the sum of the preference shares, debentures and other fixed liabilities.
8. Total Capital Employed
It is the sum of shareholders equity and total fixed liabilities.
B. Liquidity
1. Current Assets
An asset is to be a current asset, which can be readily convertible into cash or equivalent without any
significant loss in value. The current assets comprise of liquid assets, inventories and other current
assets.
a) Liquid Assets
Broadly speaking, liquid assets comprise of all assets like cash, bank balance, marketable security, etc.,
which are easily realisable almost at book value. While there cannot be two opinions regarding the
status of cash, current accounts and government securities in this context, the treatment of savings and
fixed deposits and of shares of joint stock companies not quoted on stock exchange leaves the analyst
in doubt. The classification of borderline cases had therefore, to be made partly in keeping with the

iii

objective of the analysis and partly on ones own subjective judgment. For this study, liquid assets that
are also sometimes referred to as liquid capital have been bifurcated as cash and investments
and comprise of the following items: (i)
Cash in hand
(ii)
Cash in transit
(iii)
Current deposits
(iv)
Saving deposits
(v)
Call deposits
(vi)
Fixed deposits
(vii)
Deposits held abroad
(viii)
Government and corporate securities
(ix)
Savings and Unit Trust Certificates
(x)
Debentures stock of local or foreign companies
b) Inventories
It comprises of stocks of raw material in hand, work in progress and finished goods at the closing
date
c) Other Current Assets
The following items are taken as other current assets:
(i)
Book debts including bad and doubtful debts
(ii)
Stores
(iii)
Work in progress(current)
(iv)
Advances, prepayments, etc.
9. Current Liabilities
All liabilities, which are required to be discharge within one year, are termed as current liabilities.
Alternatively, these cover those obligations whose liquidation is expected to be made out of current
assets. They are usually incurred in the normal course of business and are required to be paid at fairly
definite dates. The current liability consists of the following items.
(a) Sundry Creditors
(i)
(ii)
(iii)
(iv)
(v)

Income tax payable

For expenses
For other finance
Bills payable
Advances from customers against orders

(b) Payment become due but outstanding

(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)

Income tax payable

Proposed, unpaid and unclaimed dividends
Estimated liabilities in respect of outstanding claims whether due or intimated
Gratuities becoming payable
Provident Fund becoming payable
Current installment and interest payable on fixed liabilities
Provision for taxation estimated on current profits
Workers profit participation fund

iv

(c) Loans, Deposits and Advances

(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)

Loans secured by stock or other current assets

Bank overdrafts and other unsecured loans
Short term loans acquired against the security of fixed assets
Unsecured loan from directors, parent company, and subordinate loan
Due to managing agents
Advances by directors
Guarantee and security deposits of customers and staff

10. Total Liabilities

This item pertains to sum of total fixed liabilities and current liabilities except shareholders equity.
11. Net Current Assets
It has been obtained by deducting the amount of current liabilities from current assets.
12. Contractual Liabilities
This item pertains to all secured debentures, long-term loans, finance lease, short term secured loans
and bank overdraft (Interest bearing secured loans).
13. Net Liquid Assets
This is the difference of liquid assets and the current liabilities.
C. Fixed Assets
1. Fixed Assets at Cost
In contra distinction to current assets, fixed assets consist of items, which are not readily convertible
into cash during the course of normal operations of an enterprise. These items are not subject to
periodical exchange through sales and purchases. Fixed assets are of permanent nature and are not
normally liquidated or intended to be turns into cash except in the form of depreciation, which is
added to the cost of goods sold. The following balance sheet items are included in the category of
fixed assets: (a)Real Estate
(i)
(ii)
(iii)
(iv)

Freehold and leasehold land

Factory and office buildings
Residential buildings
Capital projects in progress at cost

(b)Plant, Machinery and Rolling Stock

(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)

All types of plant and machinery used for production and not for sale
Crockery, cutlery, silverware and enamelware in hotels
Construction tools
Livestock in farming company
Cars, lorries, trucks, ships, launches etc.
Railway siding and trolley lines
Computers and other electronic equipments.
v

(c) Furniture, Fixtures, Fittings and Allied Equipment

(i)
(ii)
(iii)
(iv)

Electric fans, refrigerators, air conditioners, electric heating, sanitary and other
fittings.
Laboratory equipment
All types of office furnitures and equipment
Advertising, fixtures and fittings.

2. Fixed Assets After Deducting Accumulated Depreciation

Deducting the accumulated depreciation from the fixed assets of the company gives this item.
3. Depreciation for the year
It includes all the depreciation charges to the profit and loss account during the year. Owing to the
absence of uniform accounting standards, depreciation is a subjective item and varies from company to
company. It is important for the analyst to know what effect such variation could have on the net
profit.
4. Total Assets
This item is sum of fixed assets at cost after deducting accumulated depreciation, and current assets.
D. Operations
1. Gross Sales
This item represents the sale proceeds of the company. Sales revenue is classified as local sales and
export sales.
2. Gross Profit
Subtracting cost of sales from sales revenue arrives at gross profit.
3. Overhead and Other Expenses
These are total expenses that are incurred on the operational activities of a company except financial
expenses and include:
(i)
Cost of sales
(ii)
Administrative and general expenses
(iii)
Selling and distribution expenses
(iv)
Other expenses
5. Operating Profit
Subtracting overhead and other expenses from gross sales and adding thereto-non-operating income
gives operating profit.
6. Financial Expenses
These are interest expense incurred on borrowing of long and short terms loans. It includes the
following items;

vi

(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
(xi)

Mark-up and interest on long term loan

Mark-up and interest on debentures and redeemable capital
Mark-up and interest on short term loan
Interest on private loan
Financial charges against assets subject to finance lease
Interest and mark-up on supplier credit
Interest on workers profit participation fund.
Bank charges and commission.
Excise duty on long and short-term finance.
Discounting charges on receivables.
Exchange losses.

7. Net Profit before Tax Provision

It is the profit earned by the company during the year before tax provision.
8. Tax Provision
It is provision of taxation made on current years profit.
9. Total Amount of Dividend
It is the total dividend including interim dividend distributed or proposed to be distribute out of the
current years profit
10. Total Value of Bonus Shares Issued
This is the total amount of bonus shares issued to the shareholders as appropriation net profit after tax of
the company during the year.
E. Source of Increase in Capital Employed
1.Increase/ Decrease in Capital Employed
The difference in value of total capital employed (i.e., share capital, surplus, preference capital,
debentures and other fixed liabilities) at the beginning of the year and the corresponding figures at the end
of the year and shown as increase (+)/ decrease (-).
2. Retention in Business
This item is obtained by deducting the provision for the tax and the total dividend distributed or
proposed to be distributed from the net profit for the year.
3. Finance from outside the company
The difference between the increase in the capital employed and the retention in the business is the
finance from outside the company. It is possible for this item to be negative. Indeed in some
circumstances it is also possible for the increase in the capital employed as well as the retention in
business to be negative, for instance where dividends are distributed not out of the current earnings but
out of the reserves.

vii

F. Cash Flow Data

1. Depreciation for the year plus Retention in Business
The total funds that corporation generates internally for investment in the modernization and
expansion of plant and equipment.
2. Depreciation for the year plus changes in Capital Employed
Depreciation for the year is added in the difference of two successive years figures of total capital
employed.
G. Operating Financial & Investment Ratios
1. Gearing Ratio

This item shows the proportion that the fixed loan capital bears to the total capital employed.
Where there is preference capital, there is an item of Gearing i.e., the fixed loan capital plus the
preference capital as the ratio of the total capital employed. The justification for taking the
preference capital together with the fixed liabilities is that, from the ordinary
shareholders point of view, both items represent a fixed charge on the profits. Total capital
employed is shareholders equity plus total fixed liabilities. Gearing becomes inapplicable
when the shareholders equity becomes zero or negative.
2. Current Ratio
This item tells a lender about the liquidity of the assets and as a result its ability to pay the short - term
debts.
3. Acid Tests or Quick Ratio
The acid test or quick ratio is used to determine how quickly a company would be able to pay off its
current liabilities if it needs to convert its quick assets into cash.
4. Debt Equity Ratio
In debt equity ratio, the total debt is compared with the shareholders equity; the lower the ratio the
better the companys solvency, the higher ratio is a risk to a present or future creditor.
5. Return on assets
This ratio is considered a measure of how effectively assets are used to generate a return.
6. Self -Financing Ratio
The ratio expresses the amounts retained in business as percentage of increase/ decrease in the capital
employed.

viii

7. Cash Flow Ratio

This ratio has a purpose somewhat similar to the self-financing ratio. The only difference being that it
takes into account the amount of depreciation.
8. Shareholders Equity as % of Ordinary Share Capital
It is the shareholders equity to the ordinary share capital, which means the stake of ordinary
shareholders in the total equity of the company.
9. Overhead and Other Expenses as % of Gross Sales
It shows the ratio of overhead and other expenses to the gross sales. This is an important ratio, which
indicates the contribution of operating expenses in the operating revenue through sales of the company.
Lowering the percentage, the company is more viable and efficient.
10. Financial Expenses as % of Operating Profit
This shows the ratio of financial expenses to operating profit. It identifies how much weight the
company will bear from its operating profit before reaching to the net profit before tax. Smaller ratio is a
good for a company.
10. Financial Expenses as % of Gross Sales
It shows the ratio of financial expenses to gross sales. Lowering the ratio indicates the financial
discipline of the company and the increasing ratio indicates that the company is facing financial
expense burden out of its gross sales revenue
11. Financial Expenses as % of Contractual Liabilities
It shows cost incurred (interest/mark up paid) on contractual liabilities.
13. Tax Provision as % of Net Pre-tax Profit
It shows the portion of net profit set aside for tax provisions.
14. Sundry Debtors as % of Gross Sales
It is the ratio of outstanding credit (all sales receivables) to the total sale proceeds of the company.
Higher the percentage, the company is increasing its debtors and credit risk and reducing its
liquidity position.
15. Net Profit as % of Shareholders Equity
It is worked out by dividing the net profit before tax by the shareholders equity, expressing the result in
percentage.

ix

H. Key Performance Indicators

1. Dividend Cover Ratio
The ratio of net profit after tax to total amount of dividend.
2. Dividend Ratio to Equity
This item has been worked out by dividing the total amount of dividend by the shareholders equity,
expressing the result in percentage.
3. Net Profit Margin.
This ratio shows how much profit comes from every rupee of sales.
4. Earning per Share
It has been arrived by dividing the net profit (before/after tax) by the number of ordinary shares.
5. Average annual % Depreciation on Written Down Fixed Assets
This item is simple depreciation rate and is intended to give some idea of the companys practice with
regard to depreciation. Since there are so many items in the fixed assets schedule, it is not practicable to
calculate depreciation rate for all the items individually. Therefore, an aggregate depreciation rate for all
the items taken together has been worked out. The method is to take total depreciation provided during
the financial year and dividing it by the written down value of the total fixed assets at the beginning of
the financial year. The result is expressed in percentage.
6. Sales as % of Total Assets
This item indicates how efficiently the business of a company generates sales on each rupee of assets.
7. Sales Growth (Current Years Sales - Last Years Sales)
Sales growth is the percentage increase or decrease in sales between two time periods.
8. Break-up Value of Ordinary Shares
It is obtained by dividing the sum of ordinary share capital and the surplus by the number of ordinary
shares.

Executive Summary
The non-financial sector companies listed at Karachi Stock Exchange (KSE) showed relatively better
performance during the year 2009. Positive outlook has been seen on account of sales and profitability in
sugar, paper & board and cement sectors while a depression is observed in engineering, jute and other
textile sectors. Brief review of the important indicators during years 2008 and 2009 is given below.
Capital Structure
Total paid up capital of ordinary shareholders increased by Rs. 20.44 billion or 4.87 percent from Rs.
419.56 billion in 2008 to Rs. 439.99 billion in 2009, where as it was increased by Rs. 25.05 billion or 6.35
percent in 2008 over 2007. Sector wise position of capital structure is as under:
Total Capital Employed by Economic Sectors
Economic Sector

Total Capital Employed

2009
2008
199,425
211,020
27,004
31,678
219,096
148,574
88,103
84,356
35,474
31,339
44,698
40,919
176,777
186,940
424,075
390,674
205,629
197,664
11,060
9,612
5,901
5,310
-474
-1,225
65,687
64,316

Cotton Textile
Other Textile
Chemicals
Engineering
Sugar and Allied Industries
Paper and Board
Cement
Fuel and Energy
Transport and Communications
Tobacco
Jute
Vanaspati and Allied Industries
Others
Total

1,502,455

1,401,177

(Million Rupees)
Change (%)
-5.49
-14.76
47.47
4.44
13.20
9.24
-5.44
8.55
4.03
15.07
11.12
61.35
2.13
7.23

Total shareholders equity increased by 8.32 percent from Rs. 969.08 billion to Rs. 1049.69 billion during
2009. Total fixed liabilities increased by 4.78 percent from Rs. 432.10 billion in 2008 to Rs.452.77 billion
in 2009. A comparison of growth, in the composition of capital structure in the current year with that of
the previous year yields:

Shareholders equity
Total fixed liabilities
Total capital employed

2009 over 2008

2008 over 2007

8.32 %
4.78 %
7.23 %

1.69 %
19.28 %
6.53 %

xi

Positive growth trend observed in shareholders equity and similarly the total fixed liabilities maintain
positive growth momentum but comparatively slower as compare to last year which reflects demand for
finances from banks and other financial institutions. Total capital employed is also quite favorable this
year except textile and cement sector. The increase in ordinary share capital and reserve & surplus during
the year were 4.87 percent and 10.95 percent respectively. The change in reserve and surplus was
negative (-1.61 %) in the previous year.

Figure 1: Capital Structure of Non-Financial sector-2009

1502.5

1600.0

Billion Rupees

1400.0
1200.0

1049.7

1000.0
800.0

600.0

609.7
452.8

440.0

400.0
200.0
0.0

Paid-up
Capital

Surplus

Shareholders
equity

Total fixed
liabilities

Total capital
employed

Liquidity

Billion Rupees

Overall liquid assets of non-financial sector decreased by 6.60 percent from Rs.422.93 billion in 2008 to
Rs. 395.02 billion in 2009 as against an increase of 3.36 percent last year. The major decrease during the
year was in the sectors
Figure 2: Aggregate Composition of Assets
of cement by Rs.
450.0
12.98 billion and Fuel
400.0
& Energy by Rs.
350.0
63.91 billion. Cash
300.0
250.0
and bank balance
200.0
showed a decrease of
150.0
100.0
Rs. 33.5 billion or
50.0
19.38 percent in 2009
0.0
2004
2005
2006
2007
2008
2009
as against an increase
Cash and bank balances 160.9 188.3 184.1 169.7 172.9 139.4
of
1.89
percent
Investments
80.3
112.6 192.5 239.5 250.0 255.6
witnessed last year.
Whereas short-term
Liquid Assets
241.2 300.9 376.7 409.2 422.9 395.0
investment increased
Working capital
95.8
159.7 143.8 154.9
71.5
48.6
by 2.24 percent or Rs.
5.6 billion in 2009 as against an increase of 4.41 percent in 2008. Working capital at Rs. 48.56 billion
showed a decrease of 32.12 percent in 2009 from Rs.71.53 billion in 2008. Total liabilities of the
corporate sector increased by 13.24 percent i.e. from Rs.1854.38 billion in 2008 to Rs.2099.85 billion in
2009.
xii

Fixed Assets

Billion Rupees

The fixed assets after deducting accumulated depreciation (book value) of overall position amounted to
Rs.1453.89 billion in
Figure 3: Composition of Assets
2009. The increase was
3500.0
noted to be of RS.
3000.0
124.3 billion or 9.34
2500.0
percent in 2009 over
the previous year. Total
2000.0
assets stood at Rs.
1500.0
3149.53 billion in 2009
1000.0
shown an increase of
500.0
11.55 percent over Rs.
0.0
2004
2005
2006
2007
2008
2009
2823.46 billion in
2008.
Fixed Assets (book value) 720.3
858.6 1016.6 1160.3 1329.6 1453.9
Total assets

1413.0

1703.5

2048.4

2356.6

2823.5

3149.5

Operational Activities

Billion Rupees

The gross sales of all non-financial listed companies were Rs.3431.92 billion in 2009 as against Rs.
3356.39 billion in 2008, showing an increase of Rs. 75.5 billion or 2.25 percent while local sales
remained
same,
Figure 4: Gross Sales and Cost of Sales
whereas the export
sales increased by Rs.
4000.0
75.5 billion or 30.02
3500.0
percent in the current
3000.0
year. Cost of goods
2500.0
sold at Rs. 2938.19
2000.0
billion
in
2009,
1500.0
showing an increase of
1000.0
2.74
percent
as
500.0
compared
to
the
0.0
previous year. The
2004
2005
2006
2007
2008
2009
gross profit decreased
Gross sales
1632.8
2031.2
2571.0
2837.9
3356.4
3431.9
by Rs. 2.8 billion or
Cost of sales 1360.2
0.56 percent from Rs.
1672.7
2166.3
2431.1
2859.9
2938.2
496.49 billion in 2008
to Rs. 493.74 billion in 2009. The major sectors which contributed in this decline were paper &
paperboard by 53.08 percent, other textile by 31.85 percent, Transport & communication by 16.00 percent
, Fuel & energy by 10.88 percent, chemical by 11.23 percent, vanaspati & allied industries by 8.89
percent, and engineering by 7.8 percent.

xiii

Billion Rupees

Net profit before taxes, which stood at Rs. 202.58 billion in 2008 decreased by Rs. 5.89 billion or 2.90
percent to Rs.196.99 billion in 2009. Increase in net Profit before tax is shown in the sectors of Transport
& communication Rs. 44.52 billion, cement Rs. 11.61 billion, paper and paperboard Rs. 4.27 billion,
sugar and allied
industries Rs. 2.28
Figure 5: Net Profit and Retention
billion
whereas
300.0
decline is witnessed
in fuel & energy
250.0
Rs. 40.63 billion,
200.0
chemicals
Rs.
11.51
billion,
150.0
cotton textile Rs.
100.0
10.37 billion and
engineering
Rs.
50.0
6.98 billion. Out of
profit
amount
0.0
2004
2005
2006
2007
2008
2009
retained in the
Net profit (before taxes) 175.5
225.0
256.7
229.3
202.9
197.0
business was Rs.
Retention in business
52.1
92.3
81.0
71.1
4.7
10.5
10.47 billion in
2009 as against Rs.
4.68 billion in 2008 showed an increase of Rs. 5.8 billion or 123.72 percent.
The finance inducted from outside sources of the business is increased by 11.78 percent to Rs. 90.81
billion in 2009 as compared to Rs. 81.24 billion in 2008 which shows increased business momentum in
2009. Return on assets, which were 7.2 percent in 2008 further decreased to 6.3 percent in 2009 reflect
the capital market which started declining during the previous year, also continued its downward trend in
the current year.

xiv

Key Financial Ratios

Sundry debtors ratio to gross sales indicates a growth of 43.12 percent, at 15.6 percent in 2009 from 10.9
percent in 2008. Dividend ratio to equity, which was 11 percent in 2008, remains same in 2009. Corporate
sector dividend payout has been grown by 8.60 percent as compared to 8.83 percent in 2008.

Figure 6: Key Financial Ratios

18.0

Percent

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

2004

2005

2006

2007

2008

2009

Sundry debtors as % of
gross sales

7.0

7.8

7.8

8.8

10.9

15.6

Dividend ratio to equity

12.4

8.9

11.7

10.2

11.0

11.0

Bonus shares issued by the companies in non-financial sector recorded an increase of 1.59 percent as
compared with the 59.06 percent in the previous year. Earnings per share after tax which was Rs. 2.60 per
share in 2008 has increased to Rs. 2.90 per share in 2009 (net increase of 11.54 percent in the value per
share during the current year). The ratio of gross sales to total assets, which was 118.9 percent in 2008,
was decreased to 109 percent in 2009. This is a negative sign for the corporate sector that rising assets did
not succeed to promote more sales, which showed positive relationship in the previous year. Overall it is
evident that during the year 2009 the listed companys of non-financial sector shows a mixed trend in
almost all areas of financial analysis as being the course last year.

xv

Table: Key performance Indicators by Economic Groups for the

Year 2009
(Million Rupees)

Economic Groups

Others

Allied Industries

Vanaspati &

Jute

Tobacco

Communications

Transport &

Fuel and Energy

Cement

Paper and Board

Industires

Engineering

Chemicals

Textile Sector

Other Textiles

Overall

Sugar and Allied

Key
Performance
Indicators

Paid -up-Capital

439,997.9

37,841.0

9,046.9

50,917.7

12,780.7

8,495.3

2,238.9

55,661.4

150,799.1

95,822.6

3,182.8

523.8

172.8

12,515.1

Total amount

115,341.4

1,535.1

322.1

19,676.0

4,226.4

574.4

3,491.5

1,490.0

66,559.0

8,460.9

3,312.2

42.6

4.6

6,217.5

4,840.7

279.2

0.0

1,196.4

379.6

161.8

0.0

784.9

2,027.2

181.9

0.0

42.6

0.0

231.0

101,277.4

-11,595.3

-4,674.4

70,521.8

3,747.2

3,779.4

-10,163.0

33,400.2

7,965.0

1,448.2

590.6

751.7

1,370.6

109.1

-331.7

-1,103.9

134.2

80.7

359.4

125.6

393.0

116.1

-4.1

122.2

1,619.5

184.8

171.4

11.0

1.2

1.7

15.1

5.5

2.6

12.7

1.3

18.6

8.6

29.9

0.8

0.0

11.1

5.7

-0.9

-5.7

14.2

3.1

3.6

18.0

5.5

6.1

2.3

17.5

10.3

1.2

9.1

18.8

-2.3

-16.9

29.8

10.0

13.0

16.7

6.1

32.4

4.2

55.7

17.8

0.0

27.2

4.5

-0.8

-3.5

7.6

6.0

3.4

20.5

1.3

7.7

0.4

19.3

19.0

3.3

12.2

2.9

-1.3

-3.9

5.2

2.7

2.4

19.6

1.1

5.1

0.0

12.7

13.2

0.5

8.5

8.0

7.5

9.9

13.3

8.9

6.1

7.3

4.2

8.1

8.4

12.8

7.8

4.1

8.0

109.0

81.1

81.9

83.6

134.8

89.5

45.5

46.2

157.5

48.8

153.8

124.7

253.3

132.3

Sales growth (%)

2.3

8.4

-2.5

6.9

-13.7

2.2

8.1

16.1

6.4

-12.6

-52.6

-12.6

-14.4

2.4

Breakup value of

23.9

34.6

20.8

25.5

59.6

26.1

123.1

20.9

23.7

10.3

34.7

106.4

-27.5

44.7

of dividend
Total value of
bonus shares issued
Increace/ Decrease(-)

4,135.8

in capitral employed
Dividend cover
ratio (%)
Dividend ratio to
equity (%)
Net profit
margin (%)
Return on equity (%)

Earning per share

before tax (Rs./share)
Earning per share
after tax (Rs./share)
Avg. Annual depreciation
as % of fixed assets
(Book Value)
Sale as % of
total assets

ordinary shares (in Rs)

xvi

Overall
Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

(Million Rupees)
2008
2009

2004

2005

2006

2007

305607.6
289229.7
594837.3
1083.4
23473.5
196727.2
221284.1
816121.4

354203.5
430745.5
784949.0
3628.2
30904.9
198830.9
233364.0
1018313.0

372335.5
501329.3
873664.8
3519.3
31265.3
251932.6
286717.2
1160382.0

394509.6
558499.1
953008.7
10168.4
45095.4
306985.9
362249.7
1315258.4

419555.4
549522.7
969078.1
9451.9
49685.8
372960.9
432098.6
1401176.7

241184.3
160856.8
80327.5
267962.8
183539.6
692686.7
596893.4
818177.5
95793.3
373561.8
-355709.1

300873.5
188306.3
112567.2
337303.3
206674.0
844850.8
685142.3
918506.3
159708.5
445335.7
-384268.8

376657.8
184141.8
192516.0
414622.0
240567.9
1031847.7
888036.0
1174753.2
143811.7
556211.5
-511378.2

409161.4
169690.2
239471.2
515561.9
271532.6
1196255.9
1041342.7
1403592.4
154913.2
646344.5
-632181.3

422926.1
395016.0
172892.1
139380.3
250034.0
255635.7
708862.2
971037.2
362027.0
329584.6
1493815.3 1695637.8
1422282.3 1647077.7
1854380.9 2099845.9
71533.0
48560.1
842756.6
802081.5
-999356.2 -1252061.7

1150211.4
720328.2
60445.2
1413014.9

1458664.4
858604.5
69186.1
1703455.3

1671976.7
1016570.4
75870.1
2048418.1

1863049.7
1160345.2
86225.3
2356601.1

2090354.5
1329643.7
96564.7
2823459.0

2343722.9
1453894.5
100172.3
3149532.3

1632833.9
1507135.3
125698.6
1360160.9
272673.0
1471056.3
199205.3
23751.7
175453.6
49604.0
73715.2
2263.2

2031217.2
1898311.0
132906.2
1672723.8
358493.4
1814613.0
254458.2
29473.3
224984.9
62677.7
70028.1
3398.8

2570950.5
2406191.2
164759.3
2166348.2
404602.3
2328818.5
305994.2
49293.8
256700.4
73133.2
102525.7
5763.8

2837922.7
2632698.1
205224.6
2431127.0
406795.7
2616505.1
296425.9
67127.4
229298.5
60628.3
97589.8
2995.8

3356386.8
3104745.7
251641.1
2859893.8
496493.0
3130055.8
298814.2
95936.5
202877.7
91992.7
106204.7
4765.0

3431922.4
3104739.9
327182.5
2938185.9
493736.5
3189172.9
325319.6
128333.7
196985.9
71173.8
115341.4
4840.7

172834.0
52134.4
120699.6

202191.6
92279.1
109912.5

142069.0
81041.5
61027.5

154876.4
71080.4
83796.0

85918.3
4680.3
81238.0

101277.4
10470.7
90806.7

112579.6
233279.2

161465.2
271377.7

156911.6
217939.1

157305.7
241101.7

101245.0
182483.0

110643.0
201449.7

27.1
116.0
85.3
137.5
12.4
30.2
48.3
194.6
90.1
11.9
1.5
6.4
28.3
7.0
29.5

22.9
123.3
93.1
117.0
13.2
45.6
59.5
221.6
89.3
11.6
1.5
6.6
27.9
7.8
28.7

24.7
116.2
89.1
134.5
12.5
57.0
72.0
234.6
90.6
16.1
1.9
8.9
28.5
7.8
29.4

27.5
114.9
88.8
147.3
9.7
45.9
65.2
241.6
92.2
22.6
2.4
10.4
26.4
8.8
24.1

30.8
105.0
79.6
191.4
7.2
5.4
55.5
231.0
93.3
32.1
2.9
11.4
45.3
10.9
20.9

30.1
102.9
82.9
200.0
6.3
10.3
54.9
238.6
92.9
39.4
3.7
16.0
36.1
15.6
18.8

170.7
12.4
10.7
5.7
4.1
9.2
115.6
39.0
18.1
19.5

231.8
8.9
11.1
6.4
4.6
9.2
119.2
12.3
24.4
22.2

179.0
11.7
10.0
6.9
4.9
8.8
125.5
7.8
26.6
23.5

172.8
10.2
8.1
5.8
4.3
8.6
120.4
-15.9
10.4
24.2

104.4
11.0
6.0
4.8
2.6
8.3
118.9
-17.2
18.3
23.1

109.1
11.0
5.7
4.5
2.9
8.0
109.0
-6.3
2.3
23.9

439997.9
609688.0
1049685.9
11989.5
53487.6
387291.1
452768.2
1502454.1

Overall

Operating, Financial & Investment Ratios

250
200
%

150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Private
Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

2004

2005

189177.8
211634.0
400811.8
1082.4
7546.9
131238.9
139868.2
540680.0

220928.2
319837.8
540766.0
3627.2
16484.7
161820.7
181932.6
722698.6

2006

2007

(Million Rupees)
2008
2009

236670.1 308092.5 331850.5 349612.6

402749.4 479868.0 486619.7 471550.8
639419.5 787960.5 818470.2 821163.4
3518.3
10168.4
9451.9
11979.5
18018.3
31384.0
37255.7
33890.1
184310.6 231063.9 268078.8 291920.7
205847.2 272616.3 314786.4 337790.3
845266.7 1060576.8 1133256.6 1158953.7

160047.9 224657.7 266378.1 340787.9 355255.9

90921.4 139135.3 108408.3 140648.6 145194.1
69126.5
85522.4 157969.8 200139.3 210061.8
168720.4 208525.6 260344.2 347485.0 484899.1
144697.0 179421.2 200624.0 235366.3 297817.7
473465.3 612604.5 727346.3 923639.2 1137972.7
393110.6 486178.7 585272.5 784171.9 1059687.7
532978.8 668111.3 791119.7 1056788.2 1374474.1
80354.7 126425.8 142073.8 139467.3
78285.0
270828.5 374633.0 430169.6 511631.4 666958.2
-233062.7 -261521.0 -318894.4 -443384.0 -704431.8

347177.0
125268.1
221908.9
565484.2
286747.0
1199408.2
1167002.4
1504792.7
32405.8
648934.7
-819825.4

724104.7 932476.7 1072793.1 1473687.2 1641850.4 1839043.0

460325.2 596272.5 703192.7 921109.6 1054971.5 1126548.5
37306.1
41702.7
47779.6
66432.8
74568.7
80515.2
933790.5 1208877.0 1430539.0 1844748.8 2192944.2 2325956.7
1031308.4
913080.1
118228.3
853942.3
177366.1
922263.0
126206.0
18046.2
108159.8
26730.9
39909.3
2206.0

1287627.4
1167237.6
120389.8
1040154.0
247473.4
1116097.4
195110.0
23992.7
171117.3
39922.5
60169.1
3340.5

1640222.3
1496605.1
143617.2
1337243.2
302979.1
1427524.6
249914.7
38928.3
210986.4
51181.0
89644.3
3988.0

1952451.1
1747226.5
205224.6
1678945.1
273506.0
1812290.0
196526.6
55508.7
141017.9
33043.0
49877.3
2252.8

2261888.1
2010247.0
251641.1
1942861.4
319026.7
2129222.2
184341.7
82256.1
102085.6
52493.8
46303.5
3942.0

2248470.8
1921288.3
327182.5
1932042.0
316428.8
2104045.2
201204.0
106622.7
94581.3
38791.5
67494.9
3181.0

133840.3
41519.6
92320.7

182018.6
71025.7
110992.9

122568.1
70161.1
52407.0

215310.1
58097.6
157212.5

72679.8
3288.3
69391.5

25697.1
-11705.1
37402.2

78825.7
171146.4

112728.4
223721.3

117940.7
170347.7

124530.4
281742.9

77857.0
147248.5

68810.1
106212.3

25.9
120.4
83.6
133.0
11.6
31.0
46.1
211.9
89.4
14.3
1.7
6.7
24.7
6.9
27.0

25.2
126.0
89.1
123.5
14.2
39.0
50.4
244.8
86.7
12.3
1.9
6.4
23.3
7.2
31.6

24.4
124.3
90.0
123.7
14.7
57.2
69.2
270.2
87.0
15.6
2.4
9.0
24.3
7.3
33.0

25.7
117.8
87.8
134.1
7.6
27.0
44.2
255.8
92.8
28.2
2.8
10.8
23.4
8.2
17.9

27.8
107.4
79.3
167.9
4.7
4.5
52.9
246.6
94.1
44.6
3.6
12.3
51.4
10.3
12.5

29.1
102.8
78.2
183.3
4.1
-45.6
64.8
234.9
93.6
53.0
4.7
16.4
41.0
13.5
11.5

204.0
10.0
10.5
5.7
4.3
8.9
110.4
54.1
22.8
21.2

218.0
11.1
13.3
7.7
5.9
8.3
106.5
35.1
24.9
24.5

178.3
14.0
12.9
8.9
6.8
8.0
114.7
15.6
27.4
27.0

216.5
6.3
7.2
4.6
3.5
8.4
105.8
-48.3
19.0
25.6

107.1
5.7
4.5
3.1
1.5
8.0
103.1
-32.6
15.8
24.7

82.7
8.2
4.2
2.7
1.6
8.2
96.7
-12.9
-0.6
23.5

Private

Operating, Financial & Investment Ratios

200
150
%

100

50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Public
Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

2004

2005

2006

2007

116429.8
77595.7
194025.5
1.0
15926.7
65488.4
81416.1
275441.6

133275.3
110907.7
244183.0
1.0
14420.3
37010.2
51431.5
295614.5

135665.4
98580.0
234245.4
1.0
13247.0
67622.0
80870.0
315115.4

86417.0
78631.1
165048.1
0.0
13711.4
75922.0
89633.4
254681.5

(Million Rupees)
2008
2009
87704.9
62903.1
150608.0
0.0
12430.1
104882.1
117312.2
267920.2

90385.3
138137.2
228522.5
10.0
19597.4
95370.4
114977.8
343500.3

81136.3
76215.7 110279.7
68373.6
67670.2
47839.0
69935.3
49171.0
75733.5
29041.7
27698.0
14112.2
11201.0
27044.7
34546.2
39331.9
39972.2
33726.8
99242.3 128777.7 154277.8 168076.9 223963.2 405553.0
38842.6
27252.7
39943.9
36166.4
64209.2
42837.6
219221.2 232246.1 304501.4 272616.9 355842.6 496229.6
203782.8 198963.7 302763.6 257170.8 362594.6 480075.4
285198.9 250395.2 383633.6 346804.2 479906.8 595053.2
15438.4
33282.4
1737.8
15446.1
-6752.0
16154.2
102733.5
70702.8 126042.0 134713.1 175798.4 153146.8
-122646.5 -122748.0 -192483.9 -188797.2 -294924.4 -432236.4
426106.6
260003.1
23139.1
479224.3

526187.7
262331.9
27483.4
494578.0

599183.6
313377.6
28090.5
617879.0

389362.5
239235.6
19792.6
511852.5

448504.1
274672.2
21996.0
630514.8

504679.9
327346.0
19657.2
823575.6

601525.5
594055.2
7470.3
506218.6
95306.9
548793.3
72999.2
5705.4
67293.8
22873.1
33805.9
57.2

743589.7
731073.3
12516.4
632569.8
111019.9
698515.7
59348.0
5480.6
53867.4
22755.1
9859.0
58.3

930728.2
909586.1
21142.1
829105.0
101623.2
901293.9
56079.5
10365.5
45714.0
21952.1
12881.4
1775.8

885471.6 1094498.6 1183451.7

885471.6 1094498.6 1183451.7
0.0
0.0
0.0
752181.9 917032.4 1006144.0
133289.7 177466.2 177307.7
804215.1 1000833.6 1085127.8
99899.3 114472.5 124115.5
11618.8
13680.4
21710.9
88280.5 100792.1 102404.6
27585.3
39498.9
32382.3
47712.5
59901.1
47846.5
743.0
823.0
1659.7

39937.2
10614.8
29322.4

20172.9
21253.3
-1080.4

19500.9
10880.5
8620.4

-60433.9
12982.7
-73416.6

13238.7
1392.1
11846.6

75580.1
22175.8
53404.3

33753.9
63076.3

48736.7
47656.3

38971.0
47591.4

32775.3
-40641.3

23388.1
35234.7

41833.0
95237.3

29.6
107.6
88.5
147.0
14.0
26.6
53.5
166.6
91.2
7.8
0.9
5.6
34.0
7.1
34.7

17.4
116.7
103.0
102.5
10.9
105.4
102.3
183.2
93.9
9.2
0.7
7.8
42.2
8.9
22.1

25.7
100.6
87.4
163.8
7.4
55.8
81.9
172.7
96.8
18.5
1.1
8.2
48.0
8.6
19.5

35.2
106.0
91.9
210.1
17.2
-21.5
-80.6
191.0
90.8
11.6
1.3
8.6
31.2
10.0
53.5

43.8
98.1
80.4
318.6
16.0
10.5
66.4
171.7
91.4
12.0
1.2
7.8
39.2
12.2
66.9

33.5
103.4
94.4
260.4
12.4
29.3
43.9
252.8
91.7
17.5
1.8
14.2
31.6
19.6
44.8

131.4
17.4
11.2
5.8
3.8
9.7
125.5
26.1
11.1
16.7

315.6
4.0
7.2
4.0
2.3
10.9
150.3
-31.0
23.6
18.3

184.5
5.5
4.9
3.4
1.8
10.4
150.6
-15.0
25.2
17.3

127.2
28.9
10.0
10.2
7.0
9.7
173.0
200.0
-4.9
19.1

102.3
39.8
9.2
11.5
7.0
9.5
173.6
12.7
23.6
17.2

146.3
20.9
8.7
11.3
7.7
7.4
143.7
-1.7
8.1
25.3

Public

Operating, Financial & Investment Ratios

350
300
250
%

200
150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Textile Sector

Textile Sector

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

2005

2006

2007

2008

2009

23063.4
23232.7
30692.3
32773.5
35312.2
37841.0
46532.9
66875.1
82835.2 103273.6
99395.5
93207.8
69596.3
90107.8 113527.5 136047.1 134707.7 131048.8
241.9
1589.6
1632.7
2432.7
1656.0
2400.2
1232.3
3809.7
8509.3
10540.8
4626.2
5519.7
42697.9
56145.9
61886.5
58962.1
70030.0
60455.9
44172.1
61545.2
72028.5
71935.6
76312.2
68375.8
113768.4 151653.0 185556.0 207982.7 211019.9 199424.6
18250.6
4183.1
14067.5
47823.8
48221.5
114295.9
110989.6
155161.7
3306.3
106246.1
-92739.0

21657.9
5119.6
16538.3
45580.3
65966.8
133205.0
130940.0
192485.2
2265.0
149646.0
-109282.1

42084.2
4836.7
37247.5
51999.6
65342.5
159426.3
150625.6
222654.1
8800.7
173336.9
-108541.4

45664.5
4469.9
41194.6
80538.1
69284.4
195487.0
181364.5
253300.1
14122.5
168521.5
-135700.0

55206.2
3549.5
51656.7
83281.8
91723.2
230211.2
209755.9
286068.1
20455.3
208489.3
-154549.7

53092.2
3404.7
49687.5
81293.7
89825.9
224211.8
222550.5
290926.3
1661.3
185995.4
-169458.3

169461.8 218342.7 258252.5 278657.2 279383.0 325372.1

110462.1 149387.9 176755.2 193860.4 190564.6 197763.8
11239.1
7960.9
11748.3
13181.5
14644.0
13767.0
224758.0 282592.9 336181.5 389347.4 420775.8 421975.6
227136.5 187364.1 250294.5 288506.1 315557.5 342209.2
123172.6
98149.2 139938.1 144851.5 166324.2 169311.6
103963.9
89214.9 110356.4 143654.6 149233.3 172897.6
207428.3 164218.8 220338.1 253538.6 278948.1 298906.4
19708.2
23145.3
29956.4
34967.5
36609.4
43302.8
216704.8 173186.0 232406.4 266942.1 295240.2 319640.0
12821.1
17159.6
21874.9
27381.2
32411.6
27772.9
5788.8
7029.6
14715.2
19380.4
25117.3
30846.7
7032.3
10130.0
7159.7
8000.8
7294.3
-3073.8
4212.5
1393.1
2072.0
4605.7
15459.3
2018.2
1124.2
1341.7
1457.6
853.7
1445.1
1389.7
101.6
572.2
520.0
51.1
615.1
136.0
18211.7
1695.6
16516.1

37884.6
7395.2
30489.4

33903.0
3630.1
30272.9

22426.7
2541.4
19885.3

3037.2 -11595.3
-9610.1
-6481.7
12647.3
-5113.6

12934.7
29450.8

15356.1
45845.5

15378.4
45651.3

15722.9
35608.2

5033.9
17681.2

7285.3
2171.7

38.8
103.0
59.5
222.9
3.1
9.3
43.9
301.8
95.4
45.2
2.5
5.4
59.9
10.7
10.1

40.6
101.7
51.4
213.6
3.6
19.5
33.5
387.8
92.4
41.0
3.8
4.7
13.8
13.2
11.2

38.8
105.8
62.5
196.1
2.1
10.7
33.7
369.9
92.9
67.3
5.9
8.5
28.9
11.2
6.3

34.6
107.8
69.6
186.2
2.1
11.3
44.2
415.1
92.5
70.8
6.7
11.5
57.6
11.5
5.9

36.2
109.8
66.0
212.4
1.7
-316.4
28.5
381.5
93.6
77.5
8.0
12.0
211.9
12.7
5.4

34.3
100.7
60.4
222.0
-0.7
55.9
335.5
346.3
93.4
111.1
9.0
16.6
-65.7
14.1
-2.3

250.8
1.6
3.1
3.0
1.2
11.9
101.1
-3.2
20.4
30.2

651.2
1.5
5.4
4.4
3.8
6.9
66.3
46.7
-17.5
38.8

349.0
1.3
2.9
2.3
1.7
8.3
74.5
-47.7
33.6
37.0

397.7
0.6
2.8
2.4
1.0
7.3
74.1
4.3
15.3
41.5

-565.0
1.1
2.3
2.1
-2.3
8.1
75.0
-12.5
9.4
38.1

-366.4
1.1
-0.9
-0.8
-1.3
7.5
81.1
-138.1
8.4
34.6

Cotton Textiles

Operating, Financial & Investment Ratios

250
200
150
%

100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

(Colony) Sarhad Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

11

2004

2005

2006

2007

2008

2009

40.0
75.8
115.8
0.0
0.0
343.2
343.2
459.0

40.0
63.5
103.5
0.0
0.0
343.9
343.9
447.4

40.0
38.9
78.9
0.0
0.0
343.9
343.9
422.8

40.0
13.3
53.3
0.0
0.0
27.4
27.4
80.7

40.0
9.2
49.2
0.0
0.0
304.7
304.7
353.9

40.0
-180.1
-140.1
0.0
0.0
0.0
0.0
-140.1

5.5
0.5
5.0
116.4
102.2
224.1
157.3
500.5
66.8
343.2
-151.8

5.3
0.3
5.0
110.1
109.9
225.3
167.9
511.8
57.4
343.9
-162.6

5.3
0.3
5.0
109.7
99.7
214.7
180.2
524.1
34.5
343.9
-174.9

0.2
0.2
0.0
120.7
84.0
204.9
510.8
538.2
-305.9
27.4
-510.6

16.7
0.2
16.5
115.3
84.0
216.0
247.8
552.5
-31.8
304.7
-231.1

11.1
0.1
11.0
155.4
84.0
250.5
568.3
568.3
-317.8
11.8
-557.2

510.1
392.2
2.0
616.3

510.1
390.0
1.4
615.3

510.1
388.3
1.8
603.0

510.1
386.6
3.3
591.5

509.8
385.6
0.9
601.6

209.6
177.7
4.0
428.2

115.0
115.0
0.0
112.2
2.8
119.0
-3.6
7.0
-10.6
0.5
0.0
0.0

56.7
56.7
0.0
58.6
-1.9
63.9
-6.7
5.2
-11.9
0.2
0.0
0.0

60.2
60.2
0.0
71.6
-11.4
77.9
-17.4
7.0
-24.4
0.3
0.0
0.0

36.0
36.0
0.0
47.4
-11.4
51.7
-14.4
7.0
-21.4
0.0
0.0
0.0

0.0
0.0
0.0
5.6
-5.6
8.9
-7.8
7.0
-14.8
0.0
0.0
32.5

0.0
0.0
0.0
9.4
-9.4
13.3
-65.5
7.1
-72.6
0.0
0.0
0.0

-11.3
-11.1
-0.2

-11.6
-12.1
0.5

-24.6
-24.7
0.1

-342.1
-21.4
-320.7

273.2
-14.8
288.0

-494.0
-72.6
-421.4

-9.1
-9.3

-10.7
-10.2

-22.9
-22.8

-18.1
-338.8

-13.9
274.1

-68.6
-490.0

74.8
142.5
77.5
432.2
-1.7
289.5
103.5
6.1
2.0
1.2
-9.2

76.9
134.2
68.7
494.5
-1.9
258.8
112.7
9.2
1.5
0.2
-11.5

81.3
119.1
63.8
664.3
-4.0
100.4
100.4
197.3
129.4
-40.2
11.6
2.0
-1.2
0.0
-30.9

34.0
40.1
23.7
1009.8
-3.6
6.3
5.3
133.3
143.6
-48.6
19.4
25.5
0.0
0.0
-40.2

86.1
87.2
53.3
1123.0
-2.5
-5.4
-5.1
123.0
0.0
-89.7
0.0
2.3
0.0
0.0
-30.1

0.0
44.1
29.3
0.0
-17.0
14.7
14.0
-350.3
0.0
-10.8
0.0
60.2
0.0
0.0
0.0

0.0
-9.2
-2.7
-2.8
0.5
18.7
-30.8
-16.1
29.0

0.0
-21.0
-3.0
-3.0
3.6
9.2
11.1
-50.7
25.9

0.0
0.0
-40.5
-6.1
-6.2
0.5
10.0
103.3
6.2
19.7

0.0
0.0
-59.4
-5.4
-5.4
0.8
6.1
-11.5
-40.2
13.3

0.0
0.0
0.0
-3.7
-3.7
0.2
0.0
-31.5
-100.0
12.3

0.0
0.0
0.0
-18.2
-18.2
1.0
0.0
391.9
-35.0

(Colony) Thal Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

12

2004

2005

2006

2007

2008

2009

55.7
79.5
135.2
0.0
0.0
135.8
135.8
271.0

55.7
82.2
137.9
0.0
0.0
162.2
162.2
300.1

55.7
101.5
157.2
0.0
0.0
157.1
157.1
314.3

55.7
52.5
108.2
0.0
0.0
275.0
275.0
383.2

55.7
18.1
73.8
0.0
0.0
203.1
203.1
276.9

55.7
-21.5
34.2
0.0
0.0
199.2
199.2
233.4

34.6
34.6
0.0
50.1
24.7
109.4
219.3
355.1
-109.9
161.2
-184.7

7.1
7.1
0.0
40.1
75.5
122.7
225.7
387.9
-103.0
251.2
-218.6

3.9
3.9
0.0
34.8
95.9
134.6
197.3
354.4
-62.7
266.0
-193.4

1.6
1.6
0.0
53.7
85.2
140.5
138.1
413.1
2.4
359.3
-136.5

3.3
3.3
0.0
47.9
52.6
103.8
195.1
398.2
-91.3
276.4
-191.8

4.0
4.0
0.0
73.4
56.9
134.3
223.2
422.4
-88.9
277.7
-219.2

487.9
380.8
10.6
490.2

470.3
403.3
10.2
526.0

461.7
377.1
13.2
511.7

478.8
380.8
14.0
521.3

479.6
368.2
13.4
472.0

445.9
322.2
12.7
456.5

369.6
369.6
0.0
361.4
8.2
383.6
-12.9
8.0
-20.9
0.0
0.0
0.0

542.2
542.2
0.0
516.1
26.1
531.2
15.2
10.8
4.4
2.4
0.0
0.0

881.4
881.4
0.0
831.3
50.1
868.4
13.2
19.7
-6.5
4.4
0.6
0.0

777.4
777.4
0.0
748.5
28.9
765.1
12.3
25.9
-13.6
3.9
0.0
0.0

374.9
374.9
0.0
374.1
0.8
383.6
-8.7
23.9
-32.6
1.9
0.0
0.0

120.6
120.6
0.0
132.8
-12.2
141.6
-6.6
28.1
-34.7
0.0
0.0
0.0

60.0
-20.9
80.9

29.1
2.0
27.1

14.2
-11.5
25.7

68.9
-17.5
86.4

-106.3
-34.5
-71.8

-43.5
-34.7
-8.8

-10.3
70.6

12.2
39.3

1.7
27.4

-3.5
82.9

-21.1
-92.9

-22.0
-30.8

50.1
49.9
38.6
262.6
-4.3
-34.8
-14.6
242.7
103.8
2.2
5.0
3.5
-15.5

54.0
54.4
20.9
281.3
0.8
6.9
31.0
247.6
98.0
71.1
2.0
4.3
54.5
5.0
3.2

50.0
68.2
19.6
225.4
-1.3
-81.0
6.2
282.2
98.5
149.2
2.2
7.4
-67.7
1.8
-4.1

71.8
101.7
40.0
381.8
-2.6
-25.4
-4.2
194.3
98.4
210.6
3.3
7.2
-28.7
2.4
-12.6

73.3
53.2
26.2
539.6
-6.9
32.5
22.7
132.5
102.3
-274.7
6.4
8.6
-5.8
6.0
-44.2

85.3
60.2
34.7
1235.1
-7.6
79.8
71.4
61.4
117.4
-425.8
23.3
10.1
0.0
16.9
-101.5

0.0
-5.7
-3.8
-3.8
4.3
75.4
-22.4
71.6
24.3

0.0
0.8
0.8
0.4
2.7
103.1
-121.1
46.7
24.8

-1816.7
0.4
-0.7
-1.2
-2.0
3.3
172.2
-250.0
62.6
28.2

0.0
0.0
-1.7
-2.4
-3.1
3.7
149.1
100.0
-11.8
19.4

0.0
0.0
-8.7
-5.9
-6.2
3.5
79.4
145.8
-51.8
13.2

0.0
0.0
-28.8
-6.2
-6.2
3.4
26.4
5.1
-67.8
6.1

Accord Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

13

2004

2005

2006

2007

2008

2009

93.0
-319.2
-226.2
0.0
0.0
418.5
418.5
192.3

93.0
-81.8
11.2
0.0
0.0
179.3
179.3
190.5

93.0
-405.2
-312.2
0.0
0.0
81.0
81.0
-231.2

93.0
-437.5
-344.5
0.0
0.0
285.1
285.1
-59.4

93.0
-443.7
-350.7
0.0
0.0
229.8
229.8
-120.9

93.0
-443.7
-350.7
0.0
0.0
229.8
229.8
-120.9

8.2
8.2
0.0
28.0
47.5
83.7
198.7
617.2
-115.0
607.0
-190.5

2.7
2.7
0.0
21.2
63.0
86.9
199.5
378.8
-112.6
216.9
-196.8

2.2
2.2
0.0
28.9
69.0
100.1
618.9
699.9
-518.8
192.2
-616.7

1.1
1.1
0.0
36.1
13.0
50.2
383.1
668.2
-332.9
290.7
-382.0

0.4
0.4
0.0
6.8
11.6
18.8
399.6
629.4
-380.8
234.0
-399.2

0.4
0.4
0.0
6.8
11.6
18.8
399.6
629.4
-380.8
234.0
-399.2

449.6
307.2
16.2
390.9

457.1
302.9
11.8
389.8

456.5
287.8
15.1
387.9

456.5
273.5
14.2
323.7

456.5
259.9
13.6
278.7

456.5
259.9
13.6
278.7

273.2
273.2
0.0
303.0
-29.8
308.9
-16.5
1.1
-17.6
1.4
0.0
0.0

192.4
192.4
0.0
210.4
-18.0
214.4
-22.0
0.0
-22.0
0.8
0.0
0.0

269.3
269.3
0.0
306.9
-37.6
311.6
1.5
2.6
-1.1
1.3
0.0
0.0

387.9
387.9
0.0
415.4
-27.5
419.8
-31.6
0.9
-32.5
1.9
0.0
0.0

378.8
378.8
0.0
380.9
-2.1
384.5
-5.7
0.5
-6.2
1.9
0.0
0.0

378.8
378.8
0.0
380.9
-2.1
384.5
-5.7
0.5
-6.2
1.9
0.0
0.0

260.1
-19.0
279.1

-1.8
-22.8
21.0

-421.7
-2.4
-419.3

171.8
-34.4
206.2

-61.5
-8.1
-53.4

0.0
-8.1
8.1

-2.8
276.3

-11.0
10.0

12.7
-406.6

-20.2
186.0

5.5
-47.9

5.5
13.6

217.6
42.1
18.2
-4.5
-7.3
-1.0
-243.2
113.1
0.4
0.2
0.8
-

94.1
43.6
12.0
3382.1
-5.6
-110.0
12.0
111.4
0.0
0.0
1.1
-196.4

0.0
16.2
5.0
0.0
-0.3
0.6
-3.1
-335.7
115.7
173.3
1.0
1.4
-118.2
0.9
0.0

0.0
13.1
9.7
0.0
-10.0
-20.0
-10.9
-370.4
108.2
-2.8
0.2
0.3
-5.8
1.4
0.0

0.0
4.7
1.8
0.0
-2.2
13.2
-11.5
-377.1
101.5
-8.8
0.1
0.2
-30.6
0.4
0.0

0.0
4.7
1.8
0.0
-2.2
0.0
40.4
-377.1
101.5
-8.8
0.1
0.2
-30.6
0.4
0.0

-6.4
-1.9
-2.0
5.0
69.9
-50.0
1.8
-24.3

0.0
-11.4
-2.4
-2.5
3.8
49.4
26.3
-29.6
1.2

0.0
0.0
-0.4
-0.1
-0.3
5.0
69.4
-95.8
40.0
-33.6

0.0
0.0
-8.4
-3.5
-3.7
4.9
119.8
3400.0
44.0
-37.0

0.0
0.0
-1.6
-0.7
-0.9
5.0
135.9
-80.0
-2.3
-37.7

0.0
0.0
-1.6
-0.7
-0.9
5.0
135.9
0.0
0.0
-37.7

Adil Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

14

2004

2005

2006

2007

2008

2009

77.3
34.3
111.6
0.0
0.0
102.8
102.8
214.4

77.3
34.3
111.6
0.0
0.0
93.7
93.7
205.3

77.3
10.5
87.8
0.0
0.0
85.6
85.6
173.4

77.3
-26.1
51.2
0.0
0.0
53.6
53.6
104.8

77.3
-52.0
25.3
0.0
0.0
23.6
23.6
48.9

77.3
-90.4
-13.1
0.0
0.0
0.0
0.0
-13.1

0.4
0.4
0.0
32.5
96.3
129.2
351.5
454.3
-222.3
172.8
-351.1

33.5
33.5
0.0
37.9
181.0
252.4
506.9
600.6
-254.5
342.8
-473.4

0.3
0.3
0.0
36.8
74.2
111.3
411.9
497.5
-300.6
270.3
-411.6

0.2
0.2
0.0
37.2
51.1
88.5
436.5
490.1
-348.0
130.7
-436.3

0.0
0.0
0.0
47.2
17.6
64.8
449.4
473.0
-384.6
65.3
-449.4

0.0
0.0
0.0
43.9
3.9
47.8
476.0
476.0
-428.2
194.1
-476.0

658.3
436.6
19.6
565.8

713.1
459.6
15.6
712.0

743.8
473.9
19.8
585.2

740.2
452.7
20.5
541.2

740.2
433.3
20.5
498.1

740.2
414.9
18.4
462.7

371.8
185.6
186.2
367.0
4.8
385.4
-12.7
8.7
-21.4
1.7
0.0
0.0

316.0
205.1
110.9
292.8
23.2
304.5
12.7
11.7
1.0
1.5
0.0
0.0

310.6
257.9
52.7
290.4
20.2
306.9
5.5
26.5
-21.0
1.6
0.0
0.0

210.7
210.7
0.0
210.0
0.7
218.1
-6.5
29.0
-35.5
1.1
0.0
0.0

44.1
44.1
0.0
62.5
-18.4
68.4
-24.1
1.5
-25.6
0.2
0.0
0.0

0.0
0.0
0.0
34.6
-34.6
36.6
-36.6
1.8
-38.4
0.0
0.0
0.0

10.7
-23.1
33.8

-9.1
-0.5
-8.6

-31.9
-22.6
-9.3

-68.6
-36.6
-32.0

-55.9
-25.8
-30.1

-62.0
-38.4
-23.6

-3.5
30.3

15.1
6.5

-2.8
-12.1

-16.1
-48.1

-5.3
-35.4

-20.0
-43.6

47.9
36.8
9.4
407.1
-3.8
-215.9
-11.6
144.4
103.7
2.3
5.0
0.8
-19.2

45.6
49.8
14.1
538.2
0.1
232.3
144.4
96.4
92.1
3.7
3.4
150.0
4.1
0.9

49.4
27.0
9.0
566.6
-3.6
70.8
23.1
113.6
98.8
481.8
8.5
9.8
-7.6
2.2
-23.9

51.1
20.3
8.6
957.2
-6.6
53.4
33.5
66.2
103.5
-446.2
13.8
22.2
-3.1
3.3
-69.3

48.3
14.4
10.5
1869.6
-5.1
46.2
15.0
32.7
155.1
-6.2
3.4
2.3
-0.8
37.4
-101.2

0.0
10.0
9.2
0.0
-8.3
61.9
45.9
-16.9
0.0
-4.9
0.0
0.9
0.0
0.0
0.0

0.0
-5.8
-2.8
-3.0
4.7
65.7
-93.8
196.0
14.4

0.0
0.3
0.1
-0.1
3.6
44.4
-103.6
-15.0
14.4

0.0
0.0
-6.8
-2.7
-2.9
4.3
53.1
-2800.0
-1.7
11.4

0.0
0.0
-16.8
-4.6
-4.7
4.3
38.9
70.4
-32.2
6.6

0.0
0.0
-58.0
-3.3
-3.3
4.5
8.9
-28.3
-79.1
3.3

0.0
0.0
0.0
-5.0
-5.0
4.2
0.0
51.5
-100.0
-1.7

Ahmed Hassan Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

15

2004

2005

2006

2007

2008

2009

125.3
221.7
347.0
0.0
0.0
216.0
216.0
563.0

125.3
275.4
400.7
0.0
0.0
464.9
464.9
865.6

125.3
245.0
370.3
0.0
0.0
431.7
431.7
802.0

144.1
225.7
369.8
0.0
0.0
453.2
453.2
823.0

144.1
691.5
835.6
0.0
0.0
676.6
676.6
1512.2

144.1
627.7
771.8
0.0
0.0
636.4
636.4
1408.2

0.2
0.2
0.0
202.2
228.6
431.0
500.7
716.7
-69.7
555.7
-500.5

0.6
0.6
0.0
214.8
414.9
630.3
726.8
1191.7
-96.5
1036.6
-726.2

8.4
8.4
0.0
223.9
432.5
664.8
860.3
1292.0
-195.5
1099.1
-851.9

5.3
5.0
0.3
236.9
426.1
668.3
1033.3
1486.5
-365.0
959.3
-1028.0

1.3
1.0
0.3
268.9
582.8
853.0
1357.8
2034.4
-504.8
1573.6
-1356.5

2.1
1.8
0.3
320.1
688.6
1010.8
1552.5
2188.9
-541.7
1739.5
-1550.4

995.1
632.7
66.3
1063.7

1372.0
962.2
47.6
1592.5

1505.6
997.6
99.6
1662.4

1726.2
1188.1
107.8
1856.4

2651.5
2017.0
121.3
2870.0

2774.0
1950.0
103.5
2960.8

1845.7
826.6
1019.1
1748.4
97.3
1795.2
51.6
36.0
15.6
5.7
0.0
0.0

1386.0
727.1
658.9
1247.0
139.0
1286.3
100.3
40.2
60.1
7.4
0.0
0.0

2054.6
1081.3
973.3
1855.9
198.7
1907.1
150.4
121.6
28.8
11.7
0.0
0.0

2169.7
1101.8
1067.9
1988.7
181.0
2037.1
133.5
130.7
2.8
0.0
0.0
0.0

2556.3
1279.8
1276.5
2350.5
205.8
2473.6
84.6
188.3
-103.7
13.2
0.0
0.0

2736.4
1458.6
1277.8
2404.3
332.1
2498.4
243.9
296.8
-52.9
12.6
0.0
0.0

-10.5
9.9
-20.4

302.6
52.7
249.9

-63.6
17.1
-80.7

21.0
2.8
18.2

689.2
-116.9
806.1

-104.0
-65.5
-38.5

76.2
55.8

100.3
350.2

116.7
36.0

110.6
128.8

4.4
810.5

38.0
-0.5

38.4
86.1
40.4
206.5
1.5
136.6
276.9
97.3
69.8
2.0
6.5
36.5
5.3
4.5

53.7
86.7
29.6
297.4
3.8
17.4
28.6
319.8
92.8
40.1
2.9
3.9
12.3
6.9
15.0

53.8
77.3
27.0
348.9
1.7
-26.9
324.2
295.5
92.8
80.9
5.9
11.1
40.6
5.4
7.8

55.1
64.7
23.4
402.0
0.2
13.3
85.9
256.6
93.9
97.9
6.0
13.6
0.0
4.7
0.8

44.7
62.8
19.9
243.5
-3.6
-17.0
0.5
579.9
96.8
222.6
7.4
12.0
-12.7
6.3
-12.4

45.2
65.1
20.8
283.6
-1.8
63.0
-7600.0
535.6
91.3
121.7
10.8
17.1
-23.8
8.5
-6.9

0.0
0.8
1.2
0.8
10.4
173.5
-66.7
41.4
27.7

0.0
4.3
4.8
4.2
7.5
87.0
300.0
-24.9
32.0

0.0
0.0
1.4
2.3
1.4
10.4
123.6
-52.1
48.2
29.6

0.0
0.0
0.1
0.2
0.2
10.6
116.9
-91.3
5.6
25.7

0.0
0.0
-4.1
-7.2
-8.1
10.2
89.1
-3700.0
17.8
58.0

0.0
0.0
-1.9
-3.7
-4.5
5.1
92.4
-48.6
7.0
53.6

Al-Azhar Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

16

2004

2005

2006

2007

2008

2009

85.5
-52.1
33.4
0.0
0.0
361.8
361.8
395.2

85.5
-57.1
28.4
0.0
24.6
287.8
312.4
340.8

85.5
-57.1
28.4
0.0
24.6
287.8
312.4
340.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

4.5
4.5
0.0
32.5
80.6
117.6
130.1
491.9
-12.5
390.8
-125.6

5.5
5.5
0.0
30.1
49.2
84.8
127.8
440.2
-43.0
421.1
-122.3

5.5
5.5
0.0
30.1
49.2
84.8
127.8
440.2
-43.0
421.1
-122.3

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

712.8
407.7
40.5
525.3

726.6
383.8
27.7
468.6

726.6
383.8
27.7
468.6

431.0
398.9
32.1
513.4

431.0
398.9
32.1
513.4

431.0
398.9
32.1
513.4

650.7
564.1
86.6
634.2
16.5
640.8
10.4
34.5
-24.1
2.9
0.0
0.0

375.9
113.2
262.7
367.3
8.6
377.2
-0.1
25.0
-25.1
1.7
0.0
0.0

375.9
113.2
262.7
367.3
8.6
377.2
-0.1
25.0
-25.1
1.7
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

-40.1
-27.0
-13.1

-54.4
-26.8
-27.6

0.0
-26.8
26.8

-29.0
-29.5
0.5

0.0
-29.5
29.5

0.0
-29.5
29.5

13.5
0.4

0.9
-26.7

0.9
27.7

2.6
3.1

2.6
32.1

2.6
32.1

91.7
91.7
66.4
66.4
27.9
27.9
1550.0
1550.0
-5.4
-5.4
0.0
3.2
33.2
33.2
100.3
100.3
- -25000.0
6.7
6.7
5.9
5.9
-6.8
3.0
3.0
-88.4
-88.4

104.6
56.8
55.8
0.0
-5.7
101.7
83.9
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

104.6
56.8
55.8
0.0
-5.7
0.0
8.1
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

104.6
56.8
55.8
0.0
-5.7
0.0
8.1
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

0.0
0.0
-6.7
-2.9
-3.1
6.8
80.2
0.0
0.0
3.3

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
20.7
47.7
-1.7

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
0.0
0.0
-1.7

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
0.0
0.0
-1.7

91.5
90.4
28.4
1472.8
-4.6
3375.0
39.1
98.5
331.7
5.3
8.8
1.6
-72.2
0.0
-3.7
-2.8
-3.2
9.0
123.9
-31.7
33.3
3.9

0.0
-6.7
-2.9
-3.1
6.8
80.2
3.6
-42.2
3.3

Al-Qadir Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

17

2004

2005

2006

2007

2008

2009

75.6
200.5
276.1
0.0
0.0
124.7
124.7
400.8

75.6
285.4
361.0
0.0
0.0
0.0
0.0
361.0

75.6
209.8
285.4
0.0
0.0
0.0
0.0
285.4

75.6
249.4
325.0
0.0
0.0
0.0
0.0
325.0

75.6
13.7
89.3
0.0
0.0
67.5
67.5
156.8

75.6
231.7
307.3
0.0
0.0
0.0
0.0
307.3

13.0
13.0
0.0
32.3
84.4
129.7
119.5
244.2
10.2
158.9
-106.5

5.2
5.2
0.0
73.3
118.7
197.2
254.4
254.4
-57.2
180.8
-249.2

8.1
8.1
0.0
32.7
188.2
229.0
345.5
345.5
-116.5
175.9
-337.4

7.6
7.6
0.0
70.1
103.4
181.1
259.5
259.5
-78.4
0.2
-251.9

6.0
6.0
0.0
24.3
182.5
212.8
454.9
522.4
-242.1
229.5
-448.9

7.3
7.3
0.0
27.8
163.2
198.3
271.3
271.3
-73.0
151.0
-264.0

792.8
390.6
23.3
520.3

820.0
418.3
19.6
615.5

433.3
401.9
0.6
630.9

460.3
403.4
27.8
584.5

482.2
399.0
27.6
611.8

490.3
380.3
25.7
578.6

946.4
592.0
354.4
901.0
45.4
917.7
29.0
24.6
4.4
4.3
0.0
0.0

747.4
455.4
292.0
663.1
84.3
692.4
87.6
16.2
71.4
3.5
0.0
0.0

876.6
502.9
373.7
790.8
85.8
819.5
58.5
24.4
34.1
5.5
0.0
0.0

861.1
405.1
456.0
783.5
77.6
824.6
39.3
23.9
15.4
6.8
0.0
0.0

828.5
603.4
225.1
788.9
39.6
806.7
17.2
28.4
-11.2
2.2
0.0
0.0

761.9
595.8
166.1
705.9
56.0
724.0
41.9
31.1
10.8
6.5
0.0
0.0

-16.9
0.1
-17.0

-39.8
67.9
-107.7

-75.6
28.6
-104.2

39.6
8.6
31.0

-168.2
-13.4
-154.8

150.5
4.3
146.2

23.4
6.4

87.5
-20.2

29.2
-75.0

36.4
67.4

14.2
-140.6

30.0
176.2

31.1
108.5
37.9
88.4
0.8
365.6
365.2
97.0
84.8
2.6
15.5
97.7
2.5
1.6

0.0
77.5
30.9
70.5
11.6
477.5
92.6
18.5
2.2
9.0
4.9
9.0
19.8

0.0
66.3
11.8
121.1
5.4
-37.8
-38.9
377.5
93.5
41.7
2.8
13.9
16.1
2.4
11.9

0.0
69.8
29.9
79.8
2.6
21.7
54.0
429.9
95.8
60.8
2.8
11950.0
44.2
1.7
4.7

43.0
46.8
6.7
585.0
-1.8
8.0
-10.1
118.1
97.4
165.1
3.4
12.4
-19.6
0.0
-12.5

0.0
73.1
12.9
88.3
1.9
2.9
17.0
406.5
95.0
74.2
4.1
20.6
60.2
0.4
3.5

0.0
0.5
0.6
0.0
5.7
181.9
500.0
20.1
36.5

0.0
9.6
9.4
9.0
5.0
121.4
1466.7
-21.0
47.8

0.0
0.0
3.9
4.5
3.8
0.1
138.9
-52.1
17.3
37.8

0.0
0.0
1.8
2.0
1.1
6.9
147.3
-55.6
-1.8
43.0

0.0
0.0
-1.4
-1.5
-1.8
6.8
135.4
-175.0
-3.8
11.8

0.0
0.0
1.4
1.4
0.6
6.4
131.7
-193.3
-8.0
40.6

Ali Asghar Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

18

2004

2005

2006

2007

2008

2009

191.5
-212.4
-20.9
0.0
0.0
73.5
73.5
52.6

191.5
215.1
406.6
0.0
0.0
92.8
92.8
499.4

191.5
347.2
538.7
0.0
0.0
210.5
210.5
749.2

191.5
237.2
428.7
0.0
0.0
295.0
295.0
723.7

222.1
197.0
419.1
0.0
0.0
326.8
326.8
745.9

222.1
1.4
223.5
0.0
0.0
265.5
265.5
489.0

13.3
13.3
0.0
77.3
145.2
235.8
374.7
448.2
-138.9
272.1
-361.4

1.5
1.5
0.0
179.6
155.4
336.5
476.1
568.9
-139.6
356.7
-474.6

1.2
1.2
0.0
180.0
135.3
316.5
439.1
649.6
-122.6
452.4
-437.9

10.1
10.1
0.0
214.9
135.5
360.5
519.0
814.0
-158.5
476.8
-508.9

1.5
1.5
0.0
183.8
185.0
370.3
488.7
815.5
-118.4
544.8
-487.2

0.6
0.6
0.0
159.8
110.2
270.6
610.7
876.2
-340.1
620.4
-610.1

301.2
191.5
12.5
427.3

756.7
639.0
10.7
975.5

978.3
871.9
13.1
1188.4

998.8
882.1
34.6
1242.6

1002.9
864.3
26.9
1234.6

1018.3
829.2
25.7
1099.8

462.5
458.8
3.7
416.5
46.0
431.8
32.1
33.3
-1.2
2.3
0.0
0.0

442.6
440.1
2.5
387.8
54.8
405.5
37.2
31.4
5.8
2.1
0.0
0.0

589.4
571.1
18.3
510.0
79.4
530.1
64.8
52.7
12.1
2.9
0.0
0.0

550.8
538.0
12.8
489.5
61.3
513.7
48.5
75.2
-26.7
2.8
0.0
0.0

485.8
481.0
4.8
433.7
52.1
462.7
31.4
69.2
-37.8
2.4
0.0
0.0

505.5
495.2
10.3
574.6
-69.1
600.1
-98.2
97.2
-195.4
0.1
0.0
0.0

101.1
-3.5
104.6

446.8
3.7
443.1

249.8
9.2
240.6

-25.5
-29.5
4.0

22.2
-40.2
62.4

-256.9
-195.5
-61.4

9.0
113.6

14.4
457.5

22.3
262.9

5.1
9.1

-13.3
49.1

-169.8
-231.2

139.7
62.9
24.2
-0.3
-3.5
7.9
-10.9
93.4
103.7
7.2
12.2
6.5
-

18.6
70.7
38.0
139.9
0.6
0.8
3.1
212.3
91.6
84.4
7.1
8.8
36.2
25.1
1.4

28.1
72.1
41.3
120.6
1.0
3.7
8.5
281.3
89.9
81.3
8.9
11.6
24.0
21.7
2.2

40.8
69.5
43.4
189.9
-2.1
115.7
56.0
223.9
93.3
155.1
13.7
15.8
-10.5
28.1
-6.2

43.8
75.8
37.9
194.6
-3.1
-181.1
-27.1
188.7
95.2
220.4
14.2
12.7
-6.3
0.0
-9.0

54.3
44.3
26.3
392.0
-17.8
76.1
73.4
100.6
118.7
-99.0
19.2
15.7
-0.1
20.4
-87.4

-0.3
-0.1
-0.2
9.7
108.2
-92.3
26.2
-1.1

0.0
1.3
0.3
0.2
5.6
45.4
-400.0
-4.3
21.2

0.0
0.0
2.1
0.6
0.5
2.1
49.6
100.0
33.2
28.1

0.0
0.0
-4.8
-1.4
-1.5
4.0
44.3
-333.3
-6.5
22.4

0.0
0.0
-7.8
-1.7
-1.8
3.0
39.3
21.4
-11.8
18.9

0.0
0.0
-38.7
-8.8
-8.8
3.0
46.0
417.6
4.1
10.1

Allawasaya Textile & Finishing Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

19

2004

2005

2006

2007

2008

2009

8.0
115.7
123.7
0.0
0.0
0.0
0.0
123.7

8.0
129.3
137.3
0.0
0.0
0.0
0.0
137.3

8.0
116.8
124.8
0.0
0.0
0.0
0.0
124.8

8.0
115.9
123.9
0.0
0.0
0.0
0.0
123.9

8.0
75.9
83.9
0.0
0.0
84.4
84.4
168.3

8.0
115.0
123.0
0.0
0.0
89.6
89.6
212.6

12.6
10.9
1.7
38.9
71.2
122.7
84.9
84.9
37.8
60.8
-72.3

4.6
2.9
1.7
77.2
41.6
123.4
85.5
85.5
37.9
45.0
-80.9

7.0
5.3
1.7
76.0
126.7
209.7
187.7
187.7
22.0
131.5
-180.7

9.5
7.2
2.3
72.1
95.8
177.4
152.2
152.2
25.2
86.6
-142.7

5.4
3.1
2.3
82.9
255.6
343.9
384.4
468.8
-40.5
413.8
-379.0

6.2
3.9
2.3
116.2
184.2
306.6
357.9
447.5
-51.3
378.6
-351.7

255.9
85.8
9.9
208.5

278.0
99.3
8.6
222.7

292.3
102.8
12.4
312.5

297.8
98.8
11.4
276.2

407.8
209.0
11.7
552.9

500.0
264.0
26.8
570.6

864.0
864.0
0.0
822.9
41.1
835.3
30.3
3.5
26.8
0.0
1.0
0.0

684.7
684.7
0.0
643.8
40.9
658.0
27.4
4.7
22.7
7.4
1.0
3.0

790.8
790.8
0.0
751.1
39.7
772.2
19.5
11.9
7.6
4.0
3.0
0.0

827.4
827.4
0.0
792.1
35.3
810.7
17.3
10.8
6.5
4.1
0.0
0.0

865.7
865.7
0.0
848.2
17.5
871.0
-4.8
26.2
-31.0
4.3
0.0
0.0

1067.0
1067.0
0.0
1013.5
53.5
1037.9
29.4
68.8
-39.4
0.0
0.0
0.0

14.1
25.8
-11.7

13.6
14.3
-0.7

-12.5
0.6
-13.1

-0.9
2.4
-3.3

44.4
-35.3
79.7

44.3
-39.4
83.7

35.7
24.0

22.9
22.2

13.0
-0.1

13.8
10.5

-23.6
56.1

-12.6
71.1

0.0
144.5
60.7
68.6
12.9
183.0
148.8
1546.3
96.7
11.6
0.4
5.8
0.0
3.4
21.7

0.0
0.0
144.3
111.7
95.7
44.2
62.3
150.4
10.2
2.4
105.1
-4.8
103.2 -13000.0
1716.3
1560.0
96.1
97.6
17.2
61.0
0.7
1.5
10.4
9.0
32.6
52.6
7.2
6.7
16.5
6.1

0.0
116.6
53.6
122.8
2.4
-266.7
131.4
1548.8
98.0
62.4
1.3
12.5
63.1
6.3
5.2

50.1
89.5
23.0
558.8
-5.6
-79.5
-42.1
1048.8
100.6
-545.8
3.0
6.3
-13.9
5.7
-36.9

42.1
85.7
34.2
363.8
-6.9
-88.9
-17.7
1537.5
97.3
234.0
6.4
18.2
0.0
8.8
-32.0

2680.0
0.8
3.1
33.5
33.5
10.4
414.4
520.4
21.0
154.6

1530.0
0.7
3.3
28.4
19.1
10.0
307.5
-15.2
-20.8
171.6

0.0
0.0
0.8
8.1
3.0
11.1
299.6
-14.7
4.6
154.9

0.0
0.0
-3.6
-38.8
-44.1
11.8
156.6
-579.0
4.6
104.9

0.0
0.0
-3.7
-49.3
-49.3
12.8
187.0
27.1
23.3
153.8

120.0
2.4
1.0
9.5
4.5
12.5
253.1
-66.5
15.5
156.0

Amin Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

20

2004

2005

2006

2007

2008

2009

51.8
-359.6
-307.8
0.0
0.0
381.1
381.1
73.3

51.8
-382.1
-330.3
0.0
0.0
75.4
75.4
-254.9

51.8
-134.0
-82.2
0.0
0.0
100.5
100.5
18.3

51.8
-156.5
-104.7
0.0
0.0
100.5
100.5
-4.2

51.8
-167.9
-116.1
0.0
0.0
113.2
113.2
-2.9

51.8
-167.9
-116.1
0.0
0.0
113.2
113.2
-2.9

0.5
0.5
0.0
10.0
12.6
23.1
68.1
449.2
-45.0
389.5
-67.6

0.7
0.7
0.0
5.7
16.4
22.8
413.3
488.7
-390.5
100.5
-412.6

0.1
0.1
0.0
8.8
16.8
25.7
129.2
229.7
-103.5
100.5
-129.1

0.3
0.3
0.0
12.2
18.5
31.0
149.4
249.9
-118.4
100.5
-149.1

0.4
0.4
0.0
11.7
14.4
26.5
133.5
246.7
-107.0
113.2
-133.1

0.4
0.4
0.0
11.7
14.4
26.5
133.5
246.7
-107.0
113.2
-133.1

249.5
118.2
13.1
141.3

277.0
135.6
10.1
158.4

271.6
121.6
13.7
147.3

276.2
114.1
12.2
145.1

277.5
103.9
11.5
130.4

277.5
103.9
11.5
130.4

221.9
221.9
0.0
243.9
-22.0
252.3
201.9
2.8
199.1
1.1
0.0
0.0

141.2
141.2
0.0
152.5
-11.3
160.4
-18.6
3.4
-22.0
0.6
0.0
0.0

278.2
278.2
0.0
275.9
2.3
293.8
249.5
0.1
249.4
1.4
0.0
0.0

306.0
306.0
0.0
294.0
12.0
313.1
-6.7
0.1
-6.8
1.5
0.0
0.0

330.8
330.8
0.0
325.1
5.7
342.6
-11.6
0.2
-11.8
1.7
0.0
0.0

330.8
330.8
0.0
325.1
5.7
342.6
-11.6
0.2
-11.8
1.7
0.0
0.0

457.0
198.0
259.0

-328.2
-22.6
-305.6

273.2
248.0
25.2

-22.5
-8.3
-14.2

1.3
-13.5
14.8

0.0
-13.5
13.5

211.1
470.1

-12.5
-318.1

261.7
286.9

3.9
-10.3

-2.0
12.8

-2.0
11.5

519.9
33.9
15.4
140.9
43.3
44.9
-594.2
113.7
1.4
1.3
0.7
0.6
7.3
-

5.5
1.5
-13.9
-637.6
113.6
2.4
3.4
2.5
-

549.2
19.9
6.9
0.0
169.3
90.8
91.2
-158.7
105.6
0.0
0.0
0.1
0.6
0.3
0.0

0.0
20.7
8.4
0.0
-4.7
36.9
-37.9
-202.1
102.3
-1.5
0.0
0.1
-22.1
1.1
0.0

0.0
19.9
9.1
0.0
-9.0
-1038.5
-15.6
-224.1
103.6
-1.7
0.1
0.2
-14.4
0.6
0.0

0.0
19.9
9.1
0.0
-9.0
0.0
-17.4
-224.1
103.6
-1.7
0.1
0.2
-14.4
0.6
0.0

89.7
38.4
38.2
10.0
157.0
-425.4
12.5
-59.4

-15.6
-4.2
-4.4
8.5
89.1
-110.9
-36.4
-63.8

0.0
0.0
89.6
48.1
47.9
10.1
188.9
-1245.2
97.0
-15.9

0.0
0.0
-2.2
-1.3
-1.6
10.0
210.9
-102.7
10.0
-20.2

0.0
0.0
-3.6
-2.3
-2.6
10.1
253.7
76.9
8.1
-22.4

0.0
0.0
-3.6
-2.3
-2.6
10.1
253.7
0.0
0.0
-22.4

Annoor Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

21

2004

2005

2006

2007

2008

2009

8.7
-11.0
-2.3
0.0
0.0
5.2
5.2
2.9

8.7
-12.1
-3.4
0.0
0.0
2.9
2.9
-0.5

8.7
-12.1
-3.4
0.0
0.0
2.9
2.9
-0.5

8.7
-31.2
-22.5
0.0
0.0
5.5
5.5
-17.0

8.7
-33.6
-24.9
0.0
0.0
18.9
18.9
-6.0

8.7
-30.6
-21.9
0.0
0.0
0.0
0.0
-21.9

0.4
0.4
0.0
10.1
0.0
10.5
26.5
31.7
-16.0
8.2
-26.1

0.2
0.2
0.0
17.7
12.3
30.2
58.5
61.4
-28.3
6.9
-58.3

0.2
0.2
0.0
17.7
12.3
30.2
58.5
61.4
-28.3
6.9
-58.3

0.2
0.2
0.0
16.2
0.0
16.4
55.9
61.4
-39.5
5.5
-55.7

0.2
0.2
0.0
16.2
0.0
16.4
42.6
61.5
-26.2
18.9
-42.4

0.2
0.2
0.0
16.6
0.0
16.8
56.9
56.9
-40.1
0.0
-56.7

28.8
21.8
0.1
31.9

36.9
27.7
2.2
57.9

36.9
27.7
2.2
57.9

36.9
22.4
2.5
38.8

36.9
20.2
2.2
36.6

36.9
18.2
2.0
35.0

0.0
0.0
0.0
0.0
0.0
8.7
2.6
0.0
-8.7
0.0
0.0
0.0

27.6
27.6
0.0
28.0
-0.4
28.6
-1.0
0.0
-1.0
0.1
0.0
0.0

27.6
27.6
0.0
28.0
-0.4
28.6
-1.0
0.0
-1.0
0.1
0.0
0.0

0.0
0.0
0.0
2.5
-2.5
2.8
-2.8
0.0
-2.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.5
-2.5
0.0
-2.5
0.0
0.0
0.0

0.0
11.3
-11.3

-3.4
-1.1
-2.3

0.0
-1.1
1.1

-16.5
-2.8
-13.7

11.0
-0.1
11.1

-15.9
-2.5
-13.4

11.4
0.1

1.1
-1.2

1.1
2.2

-0.3
-14.0

2.1
13.2

-0.5
-13.9

179.3
0.0
0.0
8.2
11400.0
-26.4
0.0
27.4
-

51.6
30.6
-1.7
-39.1
103.6
0.0
0.0
29.7
-

0.0
51.6
30.6
0.0
-1.7
0.0
50.0
-39.1
103.6
0.0
0.0
0.0
-10.0
29.7
0.0

0.0
29.3
29.3
0.0
-7.2
17.0
2.1
-258.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
38.5
38.5
0.0
-0.3
-0.9
15.9
-286.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
29.5
29.5
0.0
-7.1
15.7
3.6
-251.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.3
0.3
4.0
0.0
0.0
-2.6

-3.6
-1.1
-1.3
10.1
47.7
-84.3
-3.9

0.0
0.0
-3.6
-1.1
-1.3
10.1
47.7
0.0
0.0
-3.9

0.0
0.0
0.0
-3.2
-3.2
10.0
0.0
190.9
-100.0
-25.9

0.0
0.0
0.0
-0.1
-0.1
9.8
0.0
-96.9
-28.6

0.0
0.0
0.0
-2.9
-2.9
9.9
0.0
2800.0
-25.2

Apollo Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

22

2004

2005

2006

2007

2008

2009

82.8
173.8
256.6
0.0
0.0
457.1
457.1
713.7

82.8
792.7
875.5
0.0
0.0
934.4
934.4
1809.9

82.8
581.7
664.5
0.0
0.0
786.5
786.5
1451.0

82.8
576.0
658.8
0.0
0.0
680.0
680.0
1338.8

82.8
628.9
711.7
0.0
0.0
363.3
363.3
1075.0

82.8
570.3
653.1
0.0
0.0
465.8
465.8
1118.9

73.7
68.9
4.8
459.7
228.2
761.6
755.5
1212.6
6.1
1039.8
-681.8

23.2
22.3
0.9
347.6
502.6
873.4
867.3
1801.7
6.1
1682.3
-844.1

90.4
90.4
0.0
414.7
532.8
1037.9
1339.8
2126.3
-301.9
1646.5
-1249.4

8.2
8.2
0.0
523.0
676.5
1207.7
1512.0
2192.0
-304.3
1715.3
-1503.8

15.6
9.9
5.7
286.9
1201.7
1504.2
1990.4
2353.7
-486.2
1754.6
-1974.8

12.1
12.1
0.0
222.6
1430.6
1665.3
1984.2
2450.0
-318.9
1904.0
-1972.1

985.2
707.6
53.7
1469.2

1833.7
1803.8
43.0
2677.2

1886.9
1752.9
128.8
2790.8

1765.0
1643.1
134.4
2850.8

1918.3
1561.3
126.4
3065.5

1922.9
1437.8
129.2
3103.1

1343.2
642.8
700.4
1244.1
99.1
1277.6
65.6
51.9
13.7
10.8
0.0
0.0

1089.0
312.7
776.3
935.5
153.5
1002.8
86.8
58.7
28.1
11.1
0.0
0.0

1783.7
504.3
1279.4
1527.3
256.4
1615.8
173.3
144.4
28.9
18.3
0.0
0.0

1864.6
413.0
1451.6
1521.3
343.3
1612.5
253.2
251.5
1.7
23.8
0.0
0.0

1137.6
524.6
613.0
899.3
238.3
957.4
184.9
228.2
-43.3
8.7
0.0
0.0

821.1
735.1
86.0
758.7
62.4
818.8
9.3
57.8
-48.5
1.5
0.0
0.0

252.7
2.9
249.8

1096.2
17.0
1079.2

-358.9
10.6
-369.5

-112.2
-22.1
-90.1

-263.8
-52.0
-211.8

43.9
-50.0
93.9

56.6
306.4

60.0
1139.2

139.4
-230.1

112.3
22.2

74.4
-137.4

79.2
173.1

64.0
100.8
70.6
472.6
0.9
1.1
18.5
309.9
95.1
79.1
3.9
5.0
78.8
17.1
5.3

51.6
100.7
42.8
205.8
1.0
1.6
5.3
1057.4
92.1
67.6
5.4
3.5
39.5
15.4
3.2

54.2
77.5
37.7
320.0
1.0
-3.0
-60.6
802.5
90.6
83.3
8.1
8.8
63.3
11.4
4.3

50.8
79.9
35.1
332.7
0.1
19.7
505.9
795.7
86.5
99.3
13.5
14.7
1400.0
13.4
0.3

33.8
75.6
15.2
330.7
-1.4
19.7
-54.1
859.5
84.2
123.4
20.1
13.0
-20.1
10.6
-6.1

41.6
83.9
11.8
375.1
-1.6
-113.9
45.8
788.8
99.7
621.5
7.0
3.0
-3.1
6.4
-7.4

0.0
1.0
1.7
0.4
10.3
91.4
-5.6
29.0
31.0

0.0
2.6
3.4
2.1
6.1
40.7
100.0
-18.9
105.7

0.0
0.0
1.6
3.5
1.3
7.1
63.9
2.9
63.8
80.3

0.0
0.0
0.1
0.2
-2.7
7.7
65.4
-94.3
4.5
79.6

0.0
0.0
-3.8
-5.2
-6.3
7.7
37.1
-2700.0
-39.0
86.0

0.0
0.0
-5.9
-5.9
-6.0
8.3
26.5
13.5
-27.8
78.9

Artistic Denim Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

23

2004

2005

2006

2007

2008

2009

140.0
606.4
746.4
0.0
0.0
75.0
75.0
821.4

140.0
1229.1
1369.1
0.0
0.0
625.0
625.0
1994.1

140.0
1589.5
1729.5
0.0
0.0
1044.4
1044.4
2773.9

700.0
1423.3
2123.3
0.0
0.0
881.0
881.0
3004.3

840.0
1632.8
2472.8
0.0
0.0
842.4
842.4
3315.2

840.0
1841.3
2681.3
0.0
0.0
471.4
471.4
3152.7

42.1
42.1
0.0
320.3
296.1
658.5
601.0
676.0
57.5
355.0
-558.9

22.9
22.9
0.0
309.2
295.5
627.6
704.9
1329.9
-77.3
1116.9
-682.0

275.9
275.9
0.0
248.2
355.1
879.2
813.9
1858.3
65.3
1731.1
-538.0

9.9
9.9
0.0
514.0
567.7
1091.6
1202.4
2083.4
-110.8
1816.1
-1192.5

67.3
67.3
0.0
458.2
796.6
1322.1
1267.6
2110.0
54.5
1888.9
-1200.3

19.7
7.5
12.2
551.9
654.6
1226.2
1499.1
1970.5
-272.9
491.1
-1479.4

1254.2
763.9
82.0
1422.4

2643.6
2071.3
82.1
2698.9

3477.0
2708.6
200.0
3587.8

3582.6
3115.0
185.4
4206.6

4328.4
3260.8
172.0
4582.9

4692.8
3425.6
199.9
4651.8

1843.7
63.6
1780.1
1516.5
327.2
1614.5
237.3
19.8
217.5
18.5
56.0
0.0

3202.7
22.2
3180.5
2346.2
856.5
2515.4
707.0
55.2
651.8
32.1
56.0
0.0

2491.5
28.5
2463.0
1746.5
745.0
1882.6
617.1
116.5
500.6
29.5
112.0
0.0

2499.5
56.8
2442.7
1758.0
741.5
1903.1
610.5
172.1
438.4
30.0
0.0
0.0

2461.8
102.0
2359.8
1823.9
637.9
1969.5
538.8
165.2
373.6
24.7
0.0
140.0

3125.4
123.8
3001.6
2427.4
698.0
2604.0
596.6
186.3
410.3
32.5
168.0
0.0

178.7
143.0
35.7

1172.7
563.7
609.0

779.8
359.1
420.7

230.4
408.4
-178.0

310.9
348.9
-38.0

-162.5
209.8
-372.3

225.0
260.7

645.8
1254.8

559.1
979.8

593.8
415.8

520.9
482.9

409.7
37.4

9.1
109.6
60.3
90.6
15.3
80.0
86.3
533.1
87.6
8.3
1.1
5.6
8.5
11.4
29.1

31.3
89.0
47.1
97.1
24.2
48.1
51.5
977.9
78.5
7.8
1.7
4.9
4.9
6.4
47.6

37.7
108.0
64.4
107.4
14.0
46.1
57.1
1235.4
75.6
18.9
4.7
6.7
5.9
8.0
28.9

29.3
90.8
43.6
98.1
10.4
177.3
142.8
303.3
76.1
28.2
6.9
9.5
6.8
17.0
20.6

25.4
104.3
41.5
85.3
8.2
112.2
107.9
294.4
80.0
30.7
6.7
8.7
6.6
15.0
15.1

15.0
81.8
38.1
73.5
8.8
-129.1
1095.5
319.2
83.3
31.2
6.0
37.9
7.9
13.3
15.3

355.4
7.5
11.8
15.5
14.2
10.2
129.6
20.2
36.5
53.3

1106.6
4.1
20.4
46.6
44.3
10.7
118.7
200.6
73.7
97.8

420.6
6.5
20.1
35.8
33.7
9.7
69.4
-23.2
-22.2
123.5

0.0
0.0
17.5
6.3
5.8
6.8
59.4
-82.4
0.3
30.3

0.0
0.0
15.2
4.4
4.2
5.5
53.7
-30.2
-1.5
29.4

224.9
6.3
13.1
4.9
4.5
6.1
67.2
11.4
27.0
31.9

Aruj Garment Accessories Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

24

2004

2005

2006

2007

2008

2009

27.5
11.2
38.7
0.0
0.0
4.8
4.8
43.5

61.5
13.7
75.2
0.0
0.0
2.0
2.0
77.2

61.5
20.3
81.8
0.0
0.0
4.4
4.4
86.2

61.5
29.7
91.2
0.0
0.0
5.9
5.9
97.1

61.5
30.3
91.8
0.0
0.0
31.1
31.1
122.9

61.5
24.1
85.6
0.0
0.0
14.5
14.5
100.1

1.7
1.7
0.0
12.3
15.8
29.8
47.6
52.4
-17.8
12.3
-45.9

5.6
5.6
0.0
16.6
28.8
51.0
55.5
57.5
-4.5
14.6
-49.9

3.3
3.3
0.0
27.1
44.8
75.2
73.6
78.0
1.6
20.9
-70.3

6.7
6.7
0.0
28.8
65.6
101.1
92.8
98.7
8.3
37.0
-86.1

6.3
6.3
0.0
25.2
61.7
93.2
90.1
121.2
3.1
66.9
-83.8

14.3
14.3
0.0
38.7
66.8
119.8
132.6
147.1
-12.8
54.0
-118.3

115.4
61.3
5.9
91.1

141.0
81.8
5.4
132.8

151.1
84.7
7.3
159.9

161.9
88.7
8.2
189.8

201.8
119.9
8.7
213.1

200.3
112.9
11.2
232.7

80.5
62.5
18.0
71.9
8.6
76.4
4.2
2.2
2.0
0.9
0.0
0.0

84.8
71.1
13.7
75.7
9.1
80.5
4.5
1.4
3.1
0.4
0.0
0.0

193.6
171.6
22.0
166.8
26.8
174.3
19.3
1.9
17.4
3.4
0.0
0.0

231.2
205.9
25.3
202.3
28.9
210.9
21.0
4.7
16.3
4.1
0.0
0.0

263.4
56.3
207.1
236.0
27.4
244.4
19.0
6.9
12.1
1.3
0.0
0.0

298.9
220.1
78.8
268.0
30.9
280.0
21.0
12.4
8.6
0.8
9.2
0.0

-4.1
1.1
-5.2

33.7
2.7
31.0

9.0
14.0
-5.0

10.9
12.2
-1.3

25.8
10.8
15.0

-22.8
-1.4
-21.4

7.0
1.8

8.1
39.1

21.3
16.3

20.4
19.1

19.5
34.5

9.8
-11.6

11.0
62.6
29.4
135.4
2.2
388.9
140.7
94.9
52.4
2.7
17.9
45.0
4.8
5.2

2.6
91.9
40.0
76.5
2.3
8.0
20.7
122.3
94.9
31.1
1.7
9.6
12.9
5.1
4.1

5.1
102.2
41.3
95.4
10.9
155.6
130.7
133.0
90.0
9.8
1.0
9.1
19.5
1.6
21.3

6.1
108.9
38.3
108.2
8.6
111.9
106.8
148.3
91.2
22.4
2.0
12.7
25.2
2.0
17.9

25.3
103.4
35.0
132.0
5.7
41.9
56.5
149.3
92.8
36.3
2.6
10.3
10.7
0.5
13.2

14.5
90.3
40.0
171.8
3.7
6.1
-84.5
139.2
93.7
59.0
4.1
23.0
9.3
1.4
10.0

0.0
2.5
0.7
0.4
8.8
88.4
-153.8
72.0
14.1

0.0
3.7
0.5
0.4
8.8
63.9
-28.6
5.3
12.2

0.0
0.0
9.0
2.8
2.3
8.9
121.1
460.0
128.3
13.3

0.0
0.0
7.1
2.7
2.0
9.7
121.8
-3.6
19.4
14.8

0.0
0.0
4.6
2.0
1.8
9.8
123.6
-25.9
13.9
14.9

84.8
10.7
2.9
1.4
1.3
9.3
128.4
-30.0
13.5
13.9

Ashfaq Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

25

2004

2005

2006

2007

2008

2009

70.0
11.0
81.0
0.0
0.0
33.6
33.6
114.6

70.0
26.4
96.4
0.0
0.0
79.3
79.3
175.7

70.0
34.3
104.3
0.0
0.0
56.6
56.6
160.9

70.0
30.9
100.9
0.0
0.0
22.1
22.1
123.0

70.0
85.0
155.0
0.0
0.0
5.6
5.6
160.6

70.0
95.3
165.3
0.0
0.0
0.0
0.0
165.3

6.6
6.6
0.0
76.9
94.8
178.3
228.7
262.3
-50.4
145.1
-222.1

4.0
4.0
0.0
107.1
127.2
238.3
341.3
420.6
-103.0
248.2
-337.3

29.4
29.4
0.0
96.4
138.5
264.3
411.0
467.6
-146.7
288.3
-381.6

21.4
21.4
0.0
92.6
138.6
252.6
476.7
498.8
-224.1
235.7
-455.3

2.7
2.7
0.0
95.7
156.6
255.0
436.4
442.0
-181.4
215.8
-433.7

3.5
3.5
0.0
70.6
141.0
215.1
381.0
381.0
-165.9
207.3
-377.5

225.2
165.1
6.1
343.4

347.3
278.6
9.7
516.9

388.8
307.6
12.6
571.9

353.6
347.1
14.5
599.7

362.7
342.1
15.0
597.1

366.6
331.2
14.7
546.3

449.2
33.7
415.5
388.7
60.5
425.7
23.3
10.9
12.4
4.4
0.0
0.0

757.8
18.6
739.2
663.2
94.6
720.4
37.4
15.4
22.0
7.2
0.0
0.0

876.7
13.7
863.0
761.5
115.2
827.5
49.2
27.4
21.8
10.3
0.0
0.0

595.7
18.4
577.3
510.2
85.5
554.8
40.9
26.6
14.3
7.4
0.0
0.0

485.7
19.2
466.5
410.9
74.8
448.9
37.3
27.8
9.5
4.6
0.0
0.0

680.4
33.4
647.0
585.0
95.4
635.0
45.4
27.6
17.8
7.1
0.0
0.0

16.9
8.0
8.9

61.1
14.8
46.3

-14.8
11.5
-26.3

-37.9
6.9
-44.8

37.6
4.9
32.7

4.7
10.7
-6.0

14.1
23.0

24.5
70.8

24.1
-2.2

21.4
-23.4

19.9
52.6

25.4
19.4

29.3
78.0
36.5
323.8
3.6
47.3
61.3
115.7
94.8
46.8
2.4
7.5
35.5
5.4
15.3

45.1
69.8
32.6
436.3
4.3
24.2
34.6
137.7
95.1
41.2
2.0
6.2
32.7
6.5
22.8

35.2
64.3
30.6
448.3
3.8
-77.7
-1095.5
149.0
94.4
55.7
3.1
9.5
47.2
6.4
20.9

18.0
53.0
23.9
494.4
2.4
-18.2
-91.5
144.1
93.1
65.0
4.5
11.3
51.7
9.6
14.2

3.5
58.4
22.5
285.2
1.6
13.0
37.8
221.4
92.4
74.5
5.7
12.9
48.4
14.9
6.1

0.0
56.5
19.4
230.5
3.3
227.7
130.9
236.1
93.3
60.8
4.1
13.3
39.9
6.2
10.8

0.0
2.8
1.8
1.1
4.5
130.8
38.5
44.6
11.6

0.0
2.9
3.1
2.1
5.9
146.6
72.2
68.7
13.8

0.0
0.0
2.5
3.1
1.6
4.5
153.3
0.0
15.7
14.9

0.0
0.0
2.4
2.0
1.0
4.7
99.3
-35.5
-32.1
14.4

0.0
0.0
2.0
1.4
0.7
4.3
81.3
-30.0
-18.5
22.1

0.0
0.0
2.6
2.5
1.5
4.3
124.5
78.6
40.1
23.6

Asim Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

26

2004

2005

2006

2007

2008

2009

151.8
-216.5
-64.7
0.0
0.0
415.0
415.0
350.3

151.8
-256.5
-104.7
0.0
0.0
415.0
415.0
310.3

151.8
-370.4
-218.6
0.0
0.0
415.0
415.0
196.4

151.8
-371.3
-219.5
0.0
0.0
504.7
504.7
285.2

151.8
-367.4
-215.6
0.0
0.0
415.0
415.0
199.4

151.8
-397.3
-245.5
0.0
0.0
415.0
415.0
169.5

3.7
3.7
0.0
19.5
31.8
55.0
168.7
583.7
-113.7
417.5
-165.0

16.4
16.4
0.0
22.3
33.6
72.3
213.0
628.0
-140.7
415.0
-196.6

2.6
2.6
0.0
26.1
60.9
89.6
330.0
745.0
-240.4
417.5
-327.4

9.8
9.8
0.0
28.0
46.5
84.3
222.1
726.8
-137.8
504.7
-212.3

141.8
141.8
0.0
3.0
90.8
235.6
333.6
748.6
-98.0
417.5
-191.8

46.7
46.7
0.0
23.3
19.6
89.6
310.2
725.2
-220.6
415.0
-263.5

574.2
464.1
24.6
519.1

576.8
450.9
17.5
523.2

585.4
436.8
22.6
526.4

593.6
423.0
22.0
507.3

594.7
297.5
21.3
533.1

602.2
390.1
20.2
479.7

497.3
493.2
4.1
491.8
5.5
500.5
-3.1
32.5
-35.6
2.0
0.0
0.0

285.5
275.1
10.4
298.5
-13.0
304.3
-18.7
20.8
-39.5
1.4
0.0
0.0

515.3
502.5
12.8
500.1
15.2
510.1
5.2
23.1
-17.9
2.6
0.0
0.0

536.3
513.2
23.1
529.1
7.2
538.9
-2.6
0.1
-2.7
2.7
0.0
0.0

630.0
630.0
0.0
620.1
9.9
627.6
2.4
0.0
2.4
3.2
0.0
0.0

650.4
650.4
0.0
677.7
-27.3
685.6
-33.7
0.0
-33.7
0.0
0.0
0.0

-38.7
-37.6
-1.1

-40.0
-40.9
0.9

-113.9
-20.5
-93.4

88.8
-5.4
94.2

-85.8
-0.8
-85.0

-29.9
-33.7
3.8

-13.0
-14.1

-23.4
-22.5

2.1
-91.3

16.6
110.8

20.5
-64.5

-13.5
-9.7

118.5
32.6
13.8
-6.9
-42.6
100.6
6.5
7.8
0.5
-

133.7
33.9
18.2
-7.5
-69.0
106.6
7.3
5.0
0.2
-

211.3
27.2
8.7
0.0
-3.4
18.0
-2.3
-144.0
99.0
444.2
4.5
5.5
-14.5
0.0
0.0

177.0
38.0
17.0
0.0
-0.5
-6.1
15.0
-144.6
100.5
-3.8
0.0
0.0
-100.0
0.0
0.0

208.1
70.6
43.4
0.0
0.5
0.9
-31.8
-142.0
99.6
0.0
0.0
0.0
133.3
0.0
0.0

244.8
28.9
22.6
0.0
-7.0
112.7
139.2
-161.7
105.4
0.0
0.0
0.0
0.0
0.0
0.0

-7.2
-2.3
-2.5
5.1
95.8
-32.4
23.0
-4.3

-13.8
-2.6
-2.7
3.8
54.6
13.0
-42.6
-6.9

0.0
0.0
-3.5
-1.2
-1.4
5.0
97.9
-53.8
80.5
-14.4

0.0
0.0
-0.5
-0.2
-0.4
5.0
105.7
-83.3
4.1
-14.5

0.0
0.0
0.4
0.2
-0.1
5.0
118.2
-200.0
17.5
-14.2

0.0
0.0
-5.2
-2.2
-2.2
5.0
135.6
-1200.0
3.2
-16.2

Ayesha Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

27

2004

2005

2006

2007

2008

2009

14.0
318.3
332.3
0.0
18.1
190.2
208.3
540.6

14.0
348.0
362.0
0.0
0.0
142.9
142.9
504.9

14.0
1386.5
1400.5
0.0
0.0
199.4
199.4
1599.9

14.0
1158.4
1172.4
0.0
0.0
492.2
492.2
1664.6

14.0
1088.6
1102.6
0.0
0.0
452.2
452.2
1554.8

14.0
1378.2
1392.2
0.0
0.0
425.7
425.7
1817.9

31.7
28.2
3.5
195.7
303.9
531.3
530.6
738.9
0.7
509.4
-498.9

30.0
26.5
3.5
167.8
271.3
469.1
531.7
674.6
-62.6
516.9
-501.7

55.8
52.3
3.5
299.8
218.7
574.3
679.7
879.1
-105.4
523.4
-623.9

28.2
6.8
21.4
275.7
262.9
566.8
685.3
1177.5
-118.5
811.8
-657.1

37.8
21.5
16.3
334.3
355.6
727.7
946.1
1398.3
-218.4
895.4
-908.3

40.2
7.4
32.8
268.7
284.9
593.8
1137.7
1563.4
-543.9
978.1
-1097.5

1024.5
539.8
54.9
1071.1

1094.1
567.6
42.3
1036.7

1724.7
1705.4
66.8
2279.7

1925.2
1783.2
133.4
2350.0

1967.8
1773.4
69.6
2501.1

2388.5
2361.7
68.1
2955.5

2360.5
1981.4
379.1
2241.9
118.6
2268.4
92.2
43.5
48.7
13.7
0.0
0.0

1298.3
1156.4
141.9
1200.7
97.6
1223.0
75.5
36.8
38.7
7.5
0.0
0.0

1920.8
1508.0
412.8
1804.3
116.5
1842.8
78.1
64.4
13.7
9.4
0.0
0.0

2117.1
1725.4
391.7
2076.9
40.2
2111.4
17.8
78.1
-60.3
10.4
0.0
0.0

2119.1
1870.0
249.1
2066.3
52.8
2106.6
7.8
73.6
-65.8
10.5
0.0
0.0

1865.4
1649.2
216.2
1864.6
0.8
1945.4
-92.9
118.9
-211.8
2.2
0.0
0.0

94.8
35.0
59.8

-35.7
31.2
-66.9

1095.0
4.3
1090.7

64.7
-70.7
135.4

-109.8
-76.3
-33.5

263.1
-214.0
477.1

89.9
149.7

73.5
6.6

71.1
1161.8

62.7
198.1

-6.7
-40.2

-145.9
331.2

38.5
100.1
42.9
222.4
4.5
36.9
60.1
2373.6
96.1
47.2
1.8
8.5
28.1
6.2
14.7

28.3
88.2
37.2
186.4
3.7
1113.6
2585.7
94.2
48.7
2.8
7.1
19.4
7.4
10.7

12.5
84.5
52.3
62.8
0.6
0.4
6.1
10003.6
95.9
82.5
3.4
12.3
68.6
4.8
1.0

29.6
82.7
44.3
100.4
-2.6
-109.3
31.7
8374.3
99.7
438.8
3.7
9.6
-17.2
4.4
-5.1

29.1
76.9
39.3
126.8
-2.6
69.5
16.7
7875.7
99.4
943.6
3.5
8.2
-16.0
7.7
-6.0

23.4
52.2
27.2
112.3
-7.2
-81.3
-44.1
9944.3
104.3
-128.0
6.4
12.2
-1.0
4.5
-15.2

0.0
2.1
34.8
25.0
10.5
220.4
84.1
42.7
237.4

0.0
3.0
27.6
22.3
7.8
125.2
-20.7
-45.0
258.6

0.0
0.0
0.7
9.8
3.1
11.8
84.3
-64.5
47.9
1000.4

0.0
0.0
-2.8
-43.1
-50.5
7.8
90.1
-539.8
10.2
837.4

0.0
0.0
-3.1
-47.0
-54.5
3.9
84.7
9.0
0.1
787.6

0.0
0.0
-11.4
-151.3
-152.9
3.8
63.1
221.9
-12.0
994.4

Azam Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

28

2004

2005

2006

2007

2008

2009

132.8
117.7
250.5
0.0
0.0
202.8
202.8
453.3

132.8
99.4
232.2
0.0
0.0
116.0
116.0
348.2

132.8
54.4
187.2
0.0
0.0
84.7
84.7
271.9

132.8
57.8
190.6
0.0
0.0
59.7
59.7
250.3

132.8
-45.9
86.9
0.0
0.0
57.9
57.9
144.8

132.8
1.4
134.2
0.0
0.0
43.5
43.5
177.7

0.6
0.6
0.0
38.3
122.5
161.4
168.2
371.0
-6.8
321.0
-167.6

2.8
2.8
0.0
122.7
108.0
233.5
365.7
481.7
-132.2
294.4
-362.9

1.8
1.8
0.0
90.0
126.5
218.3
416.7
501.4
-198.4
236.7
-414.9

4.7
4.7
0.0
98.1
136.0
238.8
446.7
506.4
-207.9
202.6
-442.0

4.5
4.5
0.0
65.8
139.8
210.1
505.8
563.7
-295.7
153.5
-501.3

2.0
2.0
0.0
36.6
136.7
175.3
517.5
561.0
-342.2
148.3
-515.5

546.1
460.1
24.3
621.5

580.2
480.3
17.3
713.8

593.5
470.2
24.4
688.5

605.1
458.1
24.4
696.9

610.3
440.5
23.8
650.6

713.4
519.9
23.8
695.2

326.2
326.2
0.0
308.8
17.4
325.8
1.0
17.5
-16.5
1.7
0.0
0.0

260.8
260.8
0.0
236.8
24.0
247.0
14.0
13.6
0.4
1.5
0.0
0.0

428.6
428.6
0.0
373.2
55.4
392.7
36.1
30.2
5.9
2.5
0.0
0.0

476.3
476.3
0.0
423.5
52.8
442.1
34.4
28.2
6.2
2.7
0.0
0.0

456.4
456.4
0.0
400.6
55.8
421.3
35.6
25.1
10.5
2.6
0.0
0.0

465.2
465.2
0.0
443.1
22.1
463.7
1.5
30.8
-29.3
0.0
0.0
0.0

187.3
-18.2
205.5

-105.1
-1.1
-104.0

-76.3
3.4
-79.7

-21.6
3.5
-25.1

-105.5
7.9
-113.4

32.9
-29.3
62.2

6.1
211.6

16.2
-87.8

27.8
-51.9

27.9
2.8

31.7
-81.7

-5.5
56.7

44.7
96.0
23.1
148.1
-2.7
-9.7
2.9
188.6
99.9
1750.0
5.4
5.5
0.1
-6.6

33.3
63.9
34.3
207.5
0.1
174.8
94.7
97.1
5.2
4.6
375.0
4.4
0.2

31.2
52.4
22.0
267.8
0.9
-4.5
-53.6
141.0
91.6
83.7
7.0
12.8
42.4
4.2
3.2

23.9
53.5
23.0
265.7
0.9
-16.2
996.4
143.5
92.8
82.0
5.9
13.9
43.5
3.8
3.3

40.0
41.5
13.9
648.7
1.6
-7.5
-38.8
65.4
92.3
70.5
5.5
16.4
24.8
1.4
12.1

24.5
33.9
7.5
418.0
-4.2
-89.1
-9.7
101.1
99.7
2053.3
6.6
20.8
0.0
0.0
-21.8

0.0
-5.1
-1.2
-1.4
5.7
52.5
-69.2
-60.3
18.9

0.0
0.2
0.0
-0.1
3.8
36.5
-100.0
-20.0
17.5

0.0
0.0
1.4
0.4
0.3
5.1
62.3
0.0
64.3
14.1

0.0
0.0
1.3
0.5
0.3
5.2
68.3
25.0
11.1
14.4

0.0
0.0
2.3
0.8
0.6
5.2
70.2
60.0
-4.2
6.5

0.0
0.0
-6.3
-2.2
-2.2
5.2
66.9
-375.0
1.9
10.1

Azgard Nine Ltd.(Legler-Nafees Denim Mills Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

29

2004

2005

2006

2007

2008

2009

1737.3
991.0
2728.3
0.0
0.0
866.5
866.5
3594.8

868.7
1563.3
2432.0
868.7
2393.7
324.7
3587.1
6019.1

3127.1
2102.5
5229.6
661.7
7713.0
3536.3
11911.0
17140.6

3127.1
2017.4
5144.5
661.7
10404.3
3037.2
14103.2
19247.7

3827.1
6482.8
10309.9
0.0
3962.5
2712.1
6674.6
16984.5

4548.7
13575.0
18123.7
330.6
3972.2
1948.0
6250.8
24374.5

132.7
20.9
111.8
1749.2
1394.7
3276.6
2614.0
3480.5
662.6
2649.1
-2481.3

807.1
46.3
760.8
1984.8
2123.7
4915.6
4491.0
8078.1
424.6
6250.7
-3683.9

1133.0
1133.0
0.0
3025.6
2904.0
7062.6
9935.8
21846.8
-2873.2
19127.0
-8802.8

1513.1
630.1
883.0
5406.0
2532.1
9451.2
10686.3
24789.5
-1235.1
18870.7
-9173.2

11622.6
82.1
11540.5
3027.8
4034.1
18684.5
10353.8
17028.4
8330.7
13976.9
1268.8

15199.1
204.3
14994.8
4841.3
4414.9
24455.3
14135.3
20386.1
10320.0
7056.3
1063.8

3693.2
2932.2
177.9
6208.8

6913.3
5594.5
264.3
10510.1

26418.5
20013.9
535.2
27076.5

27786.2
20482.7
729.6
29933.9

11275.7
8653.6
538.5
27338.1

18233.6
14054.5
569.8
38509.8

3304.0
1613.2
1690.8
2584.0
720.0
2791.5
522.4
123.7
398.7
20.0
86.9
0.0

4662.2
791.6
3870.6
3523.7
1138.5
3887.5
1080.6
290.5
790.1
47.9
164.6
0.0

6624.7
2492.8
4131.9
4732.0
1892.7
5295.2
1401.1
1187.2
213.9
123.6
210.5
0.0

12937.0
7504.5
5432.5
8362.6
4574.4
9204.4
4068.8
2152.4
1916.4
100.4
344.0
0.0

11827.0
11724.8
102.2
8238.4
3588.6
9327.4
3159.6
4617.3
-1457.7
13287.6
0.0
0.0

11737.8
1683.7
10054.1
8546.4
3191.4
9332.3
2603.0
2424.4
178.6
118.2
407.1
0.0

1168.2
291.8
876.4

2424.3
577.6
1846.7

11121.5
-120.2
11241.7

2107.1 -2263.2
1472.0 -14745.3
635.1
12482.1

7390.0
-346.7
7736.7

469.7
1346.1

841.9
2688.6

415.0
11656.7

2201.6 -14206.8
2836.7 -1724.7

223.1
7959.8

24.1
125.3
72.0
127.6
6.4
25.0
34.9
157.0
84.5
23.7
3.7
4.7
5.0
28.6
14.6

59.6
109.5
62.2
332.2
7.5
23.8
31.3
280.0
83.4
26.9
6.2
4.6
6.1
22.2
32.5

69.5
71.1
41.9
417.8
0.8
-1.1
3.6
167.2
79.9
84.7
17.9
6.2
57.8
23.0
4.1

73.3
88.4
64.7
481.9
6.4
69.9
77.6
164.5
71.1
52.9
16.6
11.4
5.2
18.3
37.3

39.3
180.5
141.5
165.2
-5.3
651.5
823.7
269.4
78.9
146.1
39.0
33.0
-911.5
0.0
-14.1

25.6
173.0
141.8
112.5
0.5
-4.7
2.8
398.4
79.5
93.1
20.7
34.4
66.2
26.6
1.0

435.8
3.2
12.1
2.3
2.2
7.6
53.2
-20.7
22.9
15.7

450.9
6.8
16.9
9.1
8.5
9.0
44.4
295.7
41.1
28.0

42.9
4.0
3.2
0.7
0.3
9.6
24.5
-92.3
42.1
16.7

527.9
6.7
14.8
6.1
5.8
3.7
43.2
771.4
95.3
16.5

0.0
0.0
-12.3
-3.8
-38.5
6.9
43.3
-162.3
-8.6
26.9

14.8
2.2
1.5
0.4
0.1
6.6
30.5
-110.5
-0.8
39.8

Babri Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

30

2004

2005

2006

2007

2008

2009

20.0
230.0
250.0
0.0
0.0
59.7
59.7
309.7

20.0
281.7
301.7
0.0
0.0
251.6
251.6
553.3

20.0
182.7
202.7
0.0
0.0
249.5
249.5
452.2

20.0
300.0
320.0
0.0
0.0
86.5
86.5
406.5

29.0
285.0
314.0
0.0
0.0
341.4
341.4
655.4

29.0
476.7
505.7
0.0
0.0
303.3
303.3
809.0

5.5
1.5
4.0
72.5
108.5
186.5
251.1
310.8
-64.6
157.0
-245.6

18.8
0.7
18.1
61.9
210.8
291.5
384.5
636.1
-93.0
531.4
-365.7

19.2
0.4
18.8
21.3
215.9
256.4
447.5
697.0
-191.1
553.8
-428.3

20.4
0.6
19.8
20.1
264.4
304.9
723.8
810.3
-418.9
375.1
-703.4

27.8
5.5
22.3
25.6
332.4
385.8
524.6
866.0
-138.8
758.7
-496.8

2.7
0.5
2.2
29.6
321.2
353.5
555.7
859.0
-202.2
701.1
-553.0

524.7
374.2
19.5
560.7

818.9
646.3
21.4
937.8

869.7
643.4
57.3
899.8

994.8
825.4
32.2
1130.3

999.5
794.3
35.9
1180.1

1228.3
1011.2
34.4
1364.7

553.0
553.0
0.0
486.8
66.2
513.4
44.2
4.6
39.6
10.7
0.0
0.0

402.4
402.4
0.0
394.5
7.9
412.7
-4.5
11.9
-16.4
1.8
0.0
0.0

610.9
610.9
0.0
580.0
30.9
605.5
3.5
55.7
-52.2
3.1
0.0
0.0

746.9
746.9
0.0
672.2
74.7
700.0
54.5
68.8
-14.3
3.7
0.0
0.0

739.9
739.9
0.0
694.2
45.7
719.9
23.1
67.2
-44.1
3.7
0.0
0.0

747.0
747.0
0.0
695.8
51.2
723.5
4.0
108.0
-104.0
0.0
0.0
0.0

146.5
28.9
117.6

243.6
-18.2
261.8

-101.1
-55.3
-45.8

-45.7
-18.0
-27.7

248.9
-47.8
296.7

153.6
-104.0
257.6

48.4
166.0

3.2
265.0

2.0
-43.8

14.2
-13.5

-11.9
284.8

-69.6
188.0

19.3
74.3
31.1
124.3
7.1
19.7
29.2
1250.0
92.8
10.4
0.8
2.9
27.0
0.0
15.8

45.5
75.8
21.0
210.8
-1.7
-7.5
1.2
1508.5
102.6
3.0
2.2
0.0
-5.4

55.2
57.3
9.1
343.9
-5.8
54.7
-4.6
1013.5
99.1
1591.4
9.1
10.1
-5.9
0.7
-25.8

21.3
42.1
5.6
253.2
-1.3
39.4
-105.2
1600.0
93.7
126.2
9.2
18.3
-25.9
0.0
-4.5

52.1
73.5
10.2
275.8
-3.7
-19.2
-4.2
1082.8
97.3
290.9
9.1
8.9
-8.4
0.1
-14.0

37.5
63.6
5.8
169.9
-7.6
-67.7
-37.0
1743.8
96.9
2700.0
14.5
15.4
0.0
0.0
-20.6

0.0
7.2
19.8
14.5
9.7
98.6
69.2
18.7
125.0

0.0
-4.1
-8.2
-9.1
5.7
42.9
-141.4
-27.2
150.9

0.0
0.0
-8.5
-26.1
-27.7
8.9
67.9
218.3
51.8
101.4

0.0
0.0
-1.9
-7.2
-9.0
5.0
66.1
-72.4
22.3
160.0

0.0
0.0
-6.0
-15.2
-16.5
4.3
62.7
111.1
-0.9
108.3

0.0
0.0
-13.9
-35.9
-35.9
4.3
54.7
136.2
1.0
174.4

Baig Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

31

2004

2005

2006

2007

2008

2009

91.0
117.0
208.0
0.0
0.0
130.9
130.9
338.9

91.0
79.3
170.3
0.0
0.0
127.6
127.6
297.9

91.0
-56.1
34.9
0.0
0.0
101.1
101.1
136.0

91.0
-59.3
31.7
0.0
0.0
1.8
1.8
33.5

91.0
-64.9
26.1
0.0
0.0
1.9
1.9
28.0

91.0
-64.9
26.1
0.0
0.0
1.9
1.9
28.0

5.5
5.5
0.0
55.5
123.1
184.1
228.7
359.6
-44.6
268.3
-223.2

6.9
6.9
0.0
31.0
166.7
204.6
284.5
412.1
-79.9
248.8
-277.6

0.9
0.9
0.0
44.5
79.5
124.9
272.9
374.0
-148.0
197.4
-272.0

1.0
1.0
0.0
1.3
0.0
2.3
132.8
134.6
-130.5
35.8
-131.8

35.9
35.9
0.0
1.5
0.0
37.4
13.0
14.9
24.4
1.9
22.9

35.9
35.9
0.0
1.5
0.0
37.4
13.0
14.9
24.4
1.9
22.9

461.4
383.6
22.5
567.7

470.4
377.8
14.8
582.4

352.9
284.1
19.5
409.0

348.9
164.1
1.5
166.4

5.2
3.5
0.7
40.9

5.2
3.5
0.7
40.9

683.9
683.9
0.0
653.1
30.8
660.9
22.9
21.8
1.1
3.1
0.0
0.0

489.6
489.6
0.0
449.1
40.5
455.7
33.9
16.7
17.2
2.3
0.0
0.0

616.8
616.8
0.0
592.7
24.1
719.4
-101.0
30.7
-131.7
3.4
0.0
0.0

84.4
84.4
0.0
91.1
-6.7
99.0
37.0
12.0
25.0
0.4
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.6
132.5
0.2
132.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.6
132.5
0.2
132.3
0.0
0.0
0.0

49.6
-2.0
51.6

-41.0
14.9
-55.9

-161.9
-135.1
-26.8

-102.5
24.6
-127.1

-5.5
132.3
-137.8

0.0
132.3
-132.3

20.5
72.1

29.7
-26.2

-115.6
-142.4

26.1
-101.0

133.0
-4.8

133.0
0.7

38.6
80.5
26.7
172.9
0.2
-4.0
28.4
228.6
96.6
95.2
3.2
8.1
281.8
5.2
0.5

42.8
71.9
13.3
242.0
3.0
187.1
93.1
49.3
3.4
6.7
13.4
3.6
10.1

74.3
45.8
16.6
1071.6
-32.2
83.4
81.2
38.4
116.6
-30.4
5.0
15.6
-2.6
4.1
-377.4

5.4
1.7
1.7
424.6
15.0
-24.0
-25.8
34.8
117.3
32.4
14.2
33.5
1.6
0.0
78.9

6.8
287.7
287.7
57.1
323.5
-2405.5
-2770.8
28.7
0.0
0.2
0.0
10.5
0.0
0.0
506.9

6.8
287.7
287.7
57.1
323.5
0.0
19000.0
28.7
0.0
0.2
0.0
10.5
0.0
0.0
506.9

0.0
0.2
0.1
-0.2
6.3
120.5
0.0
20.5
22.9

0.0
3.5
1.9
1.6
3.9
84.1
1800.0
-28.4
18.7

0.0
0.0
-21.4
-14.5
-14.8
5.2
150.8
-863.2
26.0
3.8

0.0
0.0
29.6
2.7
2.7
0.5
50.7
-118.6
-86.3
3.5

0.0
0.0
0.0
14.5
14.5
0.4
0.0
437.0
-100.0
2.9

0.0
0.0
0.0
14.5
14.5
0.4
0.0
0.0
2.9

Bhanero Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

32

2004

2005

2006

2007

2008

2009

30.0
578.8
608.8
0.0
0.0
208.4
208.4
817.2

30.0
671.2
701.2
0.0
0.0
775.1
775.1
1476.3

30.0
707.2
737.2
0.0
0.0
1167.2
1167.2
1904.4

30.0
823.4
853.4
0.0
0.0
794.0
794.0
1647.4

30.0
959.6
989.6
0.0
0.0
797.1
797.1
1786.7

30.0
1044.0
1074.0
0.0
0.0
517.3
517.3
1591.3

6.5
6.2
0.3
264.5
363.0
634.0
536.8
745.2
97.2
540.0
-530.3

12.5
12.2
0.3
260.7
809.5
1082.7
914.6
1689.7
168.1
1488.5
-902.1

24.3
23.9
0.4
300.8
594.0
919.1
1166.1
2333.3
-247.0
1891.4
-1141.8

56.0
55.6
0.4
511.1
838.6
1405.7
1762.8
2556.8
-357.1
1717.0
-1706.8

18.9
18.5
0.4
574.9
961.8
1555.6
1616.5
2413.6
-60.9
1844.6
-1597.6

23.1
22.7
0.4
584.3
799.8
1407.2
1542.7
2060.0
-135.5
1621.6
-1519.6

1234.0
719.9
66.6
1353.9

1866.8
1308.1
52.1
2390.8

2869.1
2151.4
163.0
3070.5

2913.3
2004.5
203.2
3410.2

2946.2
1847.5
187.3
3403.1

3005.1
1726.9
177.0
3134.1

1751.6
989.7
761.9
1613.0
138.6
1666.5
87.5
31.3
56.2
14.7
15.0
0.0

1316.5
1316.5
0.0
1109.1
207.4
1165.7
151.4
48.7
102.7
6.3
15.0
0.0

2692.9
2692.9
0.0
2270.8
422.1
2351.6
357.9
184.4
173.5
20.9
7.5
0.0

3547.1
2369.1
1178.0
3070.5
476.6
3161.9
386.6
201.0
185.6
17.7
0.0
0.0

3510.4
1633.6
1876.8
3101.0
409.4
3199.5
320.8
220.9
99.9
18.1
6.0
0.0

3781.5
2773.4
1008.1
3285.3
496.2
3394.9
389.4
289.8
99.6
16.4
6.0
0.0

142.9
26.5
116.4

659.1
81.4
577.7

428.1
145.1
283.0

-257.0
167.9
-424.9

139.3
75.8
63.5

-195.4
77.2
-272.6

93.1
209.5

133.5
711.2

308.1
591.1

371.1
-53.8

263.1
326.6

254.2
-18.4

25.5
118.1
50.5
122.4
4.2
18.5
44.4
2029.3
95.1
35.8
1.8
5.8
26.2
7.6
9.2

52.5
118.4
29.9
241.0
4.3
12.4
18.8
2337.3
88.5
32.2
3.7
3.3
6.1
11.8
14.6

61.3
78.8
27.9
316.5
5.7
33.9
52.1
2457.3
87.3
51.5
6.8
9.7
12.0
6.7
23.5

48.2
79.7
32.2
299.6
5.4
-65.3
-689.8
2844.7
89.1
52.0
5.7
11.7
9.5
10.5
21.7

44.6
96.2
36.7
243.9
2.9
54.4
80.6
3298.7
91.1
68.9
6.3
12.0
18.1
11.9
10.1

32.5
91.2
39.4
191.8
3.2
-39.5
-1381.5
3580.0
89.8
74.4
7.7
17.9
16.5
11.7
9.3

276.7
2.5
3.2
18.7
13.8
13.3
129.4
-58.9
21.0
202.9

642.7
2.1
7.8
34.2
32.1
7.2
55.1
82.9
-24.8
233.7

2034.7
1.0
6.4
57.8
50.9
12.5
87.7
69.0
104.5
245.7

0.0
0.0
5.2
61.9
56.0
9.4
104.0
7.1
31.7
284.5

1363.3
0.6
2.8
33.3
27.3
9.3
103.2
-46.2
-1.0
329.9

1386.7
0.6
2.6
33.2
27.7
9.6
120.7
-0.3
7.7
358.0

Bilal Fibres Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

33

2004

2005

2006

2007

2008

2009

141.0
-16.2
124.8
0.0
0.0
45.5
45.5
170.3

141.0
81.5
222.5
0.0
0.0
113.0
113.0
335.5

141.0
64.0
205.0
0.0
0.0
63.5
63.5
268.5

141.0
-37.5
103.5
0.0
0.0
288.4
288.4
391.9

141.0
54.1
195.1
0.0
0.0
354.7
354.7
549.8

141.0
-65.9
75.1
0.0
0.0
450.8
450.8
525.9

6.5
6.5
0.0
80.1
77.0
163.6
349.1
394.6
-185.5
160.0
-342.6

8.8
8.8
0.0
64.2
68.9
141.9
334.1
447.1
-192.2
297.6
-325.3

3.9
3.9
0.0
68.9
112.0
184.8
470.5
534.0
-285.7
299.4
-466.6

28.3
28.3
0.0
87.3
114.7
230.3
384.6
673.0
-154.3
374.1
-356.3

3.5
3.5
0.0
119.2
168.2
290.9
468.4
823.1
-177.5
546.6
-464.9

1.9
1.9
0.0
96.3
140.0
238.2
434.0
884.8
-195.8
528.9
-432.1

405.4
355.7
19.8
519.3

544.6
527.6
16.9
669.5

594.3
554.4
23.1
739.2

587.5
546.1
26.2
776.4

759.0
727.4
29.4
1018.3

785.4
721.7
33.7
959.9

677.5
518.6
158.9
646.0
31.5
663.3
14.9
12.3
2.6
3.1
0.0
0.0

507.1
470.3
36.8
467.5
39.6
484.1
24.2
14.5
9.7
2.3
0.0
0.0

764.5
659.0
105.5
717.6
46.9
741.1
56.2
39.7
16.5
4.1
0.0
0.0

785.0
669.2
115.8
785.3
-0.3
813.1
-27.5
46.4
-73.9
4.3
0.0
0.0

905.2
711.9
193.3
865.9
39.3
909.5
-3.5
57.4
-60.9
36.5
0.0
0.0

945.6
887.2
58.4
934.8
10.8
972.0
-25.4
66.6
-92.0
0.6
0.0
0.0

-106.8
-0.5
-106.3

165.2
7.4
157.8

-67.0
12.4
-79.4

123.4
-78.2
201.6

157.9
-97.4
255.3

-23.9
-92.6
68.7

19.3
-87.0

24.3
182.1

35.5
-43.9

-52.0
149.6

-68.0
187.3

-58.9
9.8

26.7
46.9
24.8
316.2
0.5
88.5
97.9
82.6
1.8
7.7
119.2
1.9
2.1

33.7
42.5
21.8
200.9
1.4
4.5
13.3
157.8
95.5
59.9
2.9
4.9
23.7
1.5
4.4

23.6
39.3
15.5
260.5
2.2
-18.5
-80.9
145.4
96.9
70.6
5.2
13.3
24.8
1.3
8.0

73.6
59.9
30.1
650.2
-9.5
-63.4
-34.8
73.4
103.6
-168.7
5.9
12.4
-5.8
0.7
-71.4

64.5
62.1
26.2
421.9
-6.0
-61.7
-36.3
138.4
100.5
-1640.0
6.3
10.5
-59.9
3.8
-31.2

85.7
54.9
22.6
1178.2
-9.6
387.4
-601.0
53.3
102.8
-262.2
7.0
12.6
-0.7
3.8
-122.5

0.0
0.4
0.2
0.0
6.3
130.5
-81.8
29.9
8.9

0.0
1.9
0.7
0.5
4.8
75.7
250.0
-25.2
15.8

0.0
0.0
2.2
1.2
0.9
4.4
103.4
71.4
50.8
14.5

0.0
0.0
-9.4
-5.2
-5.5
4.7
101.1
-533.3
2.7
7.3

0.0
0.0
-6.7
-4.3
-6.9
5.4
88.9
-17.3
15.3
13.8

0.0
0.0
-9.7
-6.5
-6.6
4.6
98.5
51.2
4.5
5.3

Blessed Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

34

2004

2005

2006

2007

2008

2009

64.3
342.3
406.6
0.0
0.0
514.8
514.8
921.4

64.3
427.4
491.7
0.0
0.0
613.3
613.3
1105.0

64.3
558.7
623.0
0.0
0.0
871.9
871.9
1494.9

64.3
639.3
703.6
0.0
0.0
533.9
533.9
1237.5

64.3
777.2
841.5
0.0
0.0
587.7
587.7
1429.2

64.3
852.5
916.8
0.0
0.0
495.8
495.8
1412.6

26.9
26.9
0.0
299.2
174.7
500.8
416.6
931.4
84.2
684.8
-389.7

49.2
49.2
0.0
336.4
300.8
686.4
660.5
1273.8
25.9
1118.4
-611.3

14.1
14.1
0.0
278.8
489.6
782.5
945.7
1817.6
-163.2
1656.1
-931.6

40.8
40.8
0.0
351.6
532.4
924.8
1327.4
1861.3
-402.6
1252.0
-1286.6

33.9
33.9
0.0
290.8
846.3
1171.0
1365.8
1953.5
-194.8
1508.7
-1331.9

27.7
27.7
0.0
186.5
677.3
891.5
1044.3
1540.1
-152.8
1268.0
-1016.6

1224.3
837.1
79.6
1337.9

1512.2
1079.1
59.8
1765.5

2234.3
1658.2
146.4
2440.7

2388.5
1640.0
173.8
2564.8

2535.5
1624.1
173.4
2795.1

2648.3
1565.5
168.9
2457.0

2250.9
606.7
1644.2
2089.4
161.5
2143.5
108.7
31.8
76.9
0.0
4.8
0.0

1652.8
276.6
1376.2
1449.9
202.9
1500.2
152.6
48.6
104.0
16.4
4.8
0.0

2948.0
430.5
2517.5
2531.2
416.8
2626.4
322.0
151.5
170.5
40.7
4.8
0.0

2703.7
1457.2
1246.5
2308.1
395.6
2399.3
305.0
180.0
125.0
18.8
4.8
0.0

2994.3
1724.2
1270.1
2628.6
365.7
2729.5
275.0
159.3
115.7
20.2
6.4
0.0

3254.3
1345.2
1909.1
2787.6
466.7
2897.5
357.2
257.2
100.0
27.7
4.8
0.0

10.2
72.1
-61.9

183.6
82.8
100.8

389.9
125.0
264.9

-257.4
101.4
-358.8

191.7
89.1
102.6

-16.6
67.5
-84.1

151.7
89.8

142.6
243.4

271.4
536.3

275.2
-83.6

262.5
365.1

236.4
152.3

55.9
120.2
78.3
229.1
5.7
706.9
168.9
632.3
95.2
29.3
1.4
4.6
0.0
9.4
18.9

55.5
103.9
58.4
259.1
5.9
45.1
58.6
764.7
90.8
31.8
2.9
4.3
15.8
14.6
21.2

58.3
82.7
31.0
291.7
7.0
32.1
50.6
968.9
89.1
47.0
5.1
9.1
23.9
4.7
27.4

43.1
69.7
29.6
264.5
4.9
-39.4
-329.2
1094.2
88.7
59.0
6.7
14.4
15.0
9.1
17.8

41.1
85.7
23.8
232.1
4.1
46.5
71.9
1308.7
91.2
57.9
5.3
10.6
17.5
6.0
13.7

35.1
85.4
20.5
168.0
4.1
-406.6
155.2
1425.8
89.0
72.0
7.9
20.3
27.7
0.0
10.9

1602.1
1.2
3.4
12.0
12.0
9.9
168.2
-16.1
66.1
63.2

1825.0
1.0
6.3
16.2
13.6
7.1
93.6
35.0
-26.6
76.5

2704.2
0.8
5.8
26.5
20.2
13.6
120.8
63.6
78.4
96.9

2212.5
0.7
4.6
19.4
16.5
10.5
105.4
-26.8
-8.3
109.4

1492.2
0.8
3.9
18.0
14.9
10.6
107.1
-7.2
10.7
130.9

1506.3
0.5
3.1
15.6
11.2
10.4
132.5
-13.3
8.7
142.6

Brothers Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

35

2004

2005

2006

2007

2008

2009

98.0
58.4
156.4
0.0
0.0
47.1
47.1
203.5

98.0
52.1
150.1
0.0
0.0
72.0
72.0
222.1

98.0
32.4
130.4
0.0
0.0
53.4
53.4
183.8

98.0
-60.8
37.2
0.0
0.0
42.7
42.7
79.9

98.0
-103.6
-5.6
0.0
0.0
37.0
37.0
31.4

98.0
-133.5
-35.5
0.0
0.0
0.0
0.0
-35.5

4.2
4.2
0.0
297.8
70.2
372.2
383.7
430.8
-11.5
133.6
-379.5

6.4
6.4
0.0
287.4
75.9
369.7
348.5
420.5
21.2
184.4
-342.1

3.5
3.5
0.0
280.7
81.2
365.4
373.8
427.2
-8.4
206.4
-370.3

2.6
2.6
0.0
282.6
44.9
330.1
428.4
471.1
-98.3
118.9
-425.8

0.8
0.8
0.0
278.8
0.0
279.6
389.8
426.8
-110.2
85.8
-389.0

0.1
0.1
0.0
277.4
0.0
277.5
445.8
445.8
-168.3
41.7
-445.7

446.5
215.0
19.8
587.2

485.1
200.9
16.0
570.6

482.5
192.1
21.2
557.5

487.5
178.1
19.3
508.2

438.5
141.8
8.5
421.4

435.6
132.8
8.4
410.3

614.7
603.2
11.5
620.6
-5.9
635.2
-19.5
15.7
-35.2
2.7
0.0
0.0

343.5
338.3
5.2
326.9
16.6
338.3
6.5
14.3
-7.8
1.7
0.0
0.0

459.8
456.1
3.7
458.2
1.6
475.6
-8.2
27.4
-35.6
3.2
0.0
0.0

484.0
450.7
33.3
502.6
-18.6
521.4
-36.5
24.7
-61.2
2.4
0.0
0.0

166.6
166.6
0.0
176.2
-9.6
187.9
-20.8
11.4
-32.2
0.8
0.0
0.0

0.0
0.0
0.0
0.0
0.0
20.9
-19.8
10.1
-29.9
0.0
0.0
0.0

38.9
-37.9
76.8

18.6
-9.5
28.1

-38.3
-38.8
0.5

-103.9
-63.6
-40.3

-48.5
-33.0
-15.5

-66.9
-29.9
-37.0

-18.1
58.7

6.5
34.6

-17.6
-17.1

-44.3
-84.6

-24.5
-40.0

-21.5
-58.5

23.1
97.0
78.7
275.4
-6.0
-97.4
-30.8
159.6
103.3
2.6
11.8
1.2
-22.5

32.4
106.1
84.3
280.1
-1.4
-51.1
18.8
153.2
98.5
220.0
4.2
7.8
1.0
-5.2

29.1
97.8
76.0
327.6
-6.4
101.3
102.9
133.1
103.4
-334.1
6.0
13.3
-9.0
0.7
-27.3

53.4
77.1
66.6
1266.4
-12.0
61.2
52.4
38.0
107.7
-67.7
5.1
20.8
-3.9
0.2
-164.5

117.8
71.7
71.7
0.0
-7.6
68.0
61.3
-5.7
112.8
-54.8
6.8
13.3
-2.5
0.0
0.0

0.0
62.2
62.2
0.0
-7.3
44.7
36.8
-36.2
0.0
-51.0
0.0
24.2
0.0
0.0
0.0

0.0
-5.7
-3.6
-3.9
10.2
104.7
-2.7
51.1
16.0

0.0
-2.3
-0.8
-1.0
7.4
60.2
-77.8
-44.1
15.3

0.0
0.0
-7.7
-3.6
-4.0
10.6
82.5
350.0
33.9
13.3

0.0
0.0
-12.6
-6.2
-6.5
10.0
95.2
72.2
5.3
3.8

0.0
0.0
-19.3
-3.3
-3.4
4.8
39.5
-46.8
-65.6
-0.6

0.0
0.0
0.0
-3.1
-3.1
5.9
0.0
-6.1
-100.0
-3.6

Chakwal Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

36

2004

2005

2006

2007

2008

2009

113.3
-160.8
-47.5
0.0
0.0
255.5
255.5
208.0

113.3
-109.8
3.5
0.0
0.0
30.2
30.2
33.7

400.0
-198.5
201.5
0.0
0.0
402.6
402.6
604.1

400.0
-186.3
213.7
0.0
0.0
52.2
52.2
265.9

400.0
-185.4
214.6
0.0
0.0
149.4
149.4
364.0

400.0
-231.1
168.9
0.0
0.0
54.3
54.3
223.2

125.9
125.9
0.0
67.6
213.3
406.8
770.5
1026.0
-363.7
439.6
-644.6

2.1
2.1
0.0
97.9
155.6
255.6
783.4
813.6
-527.8
213.2
-781.3

35.8
35.8
0.0
105.0
120.8
261.6
373.3
775.9
-111.7
558.5
-337.5

39.7
39.7
0.0
142.6
150.8
333.1
819.9
872.1
-486.8
257.4
-780.2

34.4
34.4
0.0
131.9
206.3
372.6
794.2
943.6
-421.6
374.9
-759.8

32.4
32.4
0.0
115.2
210.4
358.0
909.6
963.9
-551.6
329.6
-877.2

995.0
571.5
32.6
978.3

1005.0
561.5
25.3
817.1

1189.3
715.7
37.2
977.3

1265.2
752.6
46.5
1085.7

1337.8
785.7
47.5
1158.3

1375.1
774.8
48.6
1132.8

779.8
717.7
62.1
758.3
21.5
786.9
11.9
22.6
-10.7
3.4
0.0
0.0

637.6
612.5
25.1
594.1
43.5
615.8
25.8
19.6
6.2
2.8
0.0
0.0

711.6
92.8
618.8
683.1
28.5
709.8
9.2
30.2
-21.0
3.5
0.0
0.0

853.1
659.5
193.6
783.3
69.8
814.2
41.1
35.3
5.8
48.3
0.0
0.0

875.5
775.8
99.7
809.1
66.4
872.0
11.4
34.4
-23.0
4.4
0.0
0.0

989.8
856.9
132.9
950.3
39.5
985.8
7.3
54.7
-47.4
2.1
0.0
0.0

29.4
-14.1
43.5

-174.3
3.4
-177.7

570.4
-24.5
594.9

-338.2
-42.5
-295.7

98.1
-27.4
125.5

-140.8
-49.5
-91.3

18.5
62.0

28.7
-149.0

12.7
607.6

4.0
-291.7

20.1
145.6

-0.9
-92.2

122.8
52.8
25.1
-1.1
-48.0
29.8
-41.9
100.9
189.9
2.9
5.1
2.5
-

89.6
32.6
12.8
23245.7
0.8
3.1
96.6
76.0
3.1
9.2
45.2
3.6
177.1

66.6
70.1
37.7
385.1
-2.1
-4.3
2.1
50.4
99.7
328.3
4.2
5.4
-16.7
3.0
-10.4

19.6
40.6
22.2
408.1
0.5
12.6
-1.4
53.4
95.4
85.9
4.1
13.7
832.8
2.3
2.7

41.0
46.9
20.9
439.7
-2.0
-27.9
13.8
53.7
99.6
301.8
3.9
9.2
-19.1
4.9
-10.7

24.3
39.4
16.2
570.7
-4.2
35.2
1.0
42.2
99.6
749.3
5.5
16.6
-4.4
4.5
-28.1

-1.4
-0.9
-1.2
6.9
79.7
-112.5
-19.6
-4.2

0.0
1.0
0.5
0.3
9.3
78.0
-155.6
-18.2
0.3

0.0
0.0
-3.0
-0.5
-0.6
6.6
72.8
-200.0
11.6
5.0

0.0
0.0
0.7
0.1
-1.1
6.5
78.6
-120.0
19.9
5.3

0.0
0.0
-2.6
-0.6
-0.7
6.0
75.6
-700.0
2.6
5.4

0.0
0.0
-4.8
-1.2
-1.2
6.2
87.4
100.0
13.1
4.2

Chenab Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

37

2004

2005

2006

2007

2008

2009

7.0
-15.5
-8.5
0.0
0.0
0.0
0.0
-8.5

7.0
-14.1
-7.1
0.0
0.0
0.0
0.0
-7.1

7.0
-13.2
-6.2
0.0
0.0
0.0
0.0
-6.2

1150.0
1970.0
3120.0
800.0
0.0
2352.8
3152.8
6272.8

1150.0
1800.2
2950.2
800.0
0.0
2296.6
3096.6
6046.8

1150.0
543.9
1693.9
800.0
0.0
2420.5
3220.5
4914.4

0.0
0.0
0.0
3.2
0.7
3.9
43.5
43.5
-39.6
0.0
-43.5

0.3
0.3
0.0
2.8
0.0
3.1
40.9
40.9
-37.8
0.0
-40.6

2.9
0.1
2.8
0.2
0.0
3.1
40.1
40.1
-37.0
0.0
-37.2

42.9
31.0
0.1
34.2

41.6
30.9
0.0
34.0

41.6
30.8
0.1
33.9

7429.2
7456.0
266.8
14982.9

8144.8
7613.0
272.5
16287.1

8201.0
7394.0
283.4
16941.3

0.0
0.0
0.0
0.0
0.0
4.3
6.9
0.0
-4.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.9
2.2
0.0
2.2
0.8
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.9
0.8
0.0
0.8
0.3
0.0
0.0

8338.4
621.9
7716.5
6791.1
1547.3
7342.0
999.3
838.9
160.4
85.4
74.0
0.0

8675.3
1100.9
7574.4
6996.0
1679.3
7574.3
1109.3
1124.6
-15.3
82.4
0.0
0.0

9091.4
997.7
8093.7
7107.0
1984.4
7618.8
1474.0
1487.7
-13.7
82.9
0.0
0.0

0.0
11.2
-11.2

1.4
1.4
0.0

0.9
0.5
0.4

6279.0
1.0
6278.0

-226.0
-97.7
-128.3

-1132.4
-96.6
-1035.8

11.3
0.1

1.4
1.4

0.6
1.0

267.8
6545.8

174.8
46.5

186.8
-849.0

457.1
457.1
20.2
11300.0
-121.4
0.0
-

7.6
7.6
6.5
100.0
100.0
-101.4
0.0
36.4
-

0.0
7.7
7.7
0.0
2.4
55.6
60.0
-88.6
0.0
0.0
0.0
0.0
37.5
0.0
0.0

50.3
86.4
40.5
380.2
1.1
0.0
4.1
271.3
88.1
83.9
10.1
10.7
53.2
0.0
5.1

51.2
84.7
41.3
452.1
-0.1
43.2
375.9
256.5
87.3
101.4
13.0
10.9
-538.6
28.0
-0.5

65.5
79.4
42.2
900.1
-0.1
8.5
-22.0
147.3
83.8
100.9
16.4
47.9
-605.1
34.4
-0.8

1.0
1.0
0.3
0.0
0.0
-12.1

3.1
2.0
0.0
0.0
-16.2
-10.1

0.0
0.0
0.0
1.1
0.7
0.3
0.0
-64.5
-8.9

101.4
2.4
1.9
1.4
0.7
4.4
55.7
27.3
27.1

0.0
0.0
-0.2
-0.1
-0.8
3.7
53.3
-107.1
4.0
25.7

0.0
0.0
-0.2
-0.1
-0.8
3.7
53.7
0.0
4.8
14.7

65.2
59.9
63.4
65.2
59.9
63.4
0.0
0.0
0.0
3464.5
4171.6
5008.7
3997.2
4442.6
4475.2
7526.9
8674.1
9547.3
8710.1
10240.4
12026.9
11862.9
13337.0
15247.4
-1183.2
-1566.3
-2479.6
7826.5
10300.8
3104.1
-8644.9 -10180.5 -11963.5

Colony Mills Ltd. (Colony Textile Mills Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

38

2004

2005

2006

2007

2008

2009

100.0
741.6
841.6
0.0
0.0
1539.7
1539.7
2381.3

250.0
1077.3
1327.3
0.0
0.0
1934.9
1934.9
3262.2

2441.8
301.4
2743.2
0.0
0.0
2248.6
2248.6
4991.8

2441.8
707.3
3149.1
0.0
0.0
2710.0
2710.0
5859.1

2441.8
464.6
2906.4
0.0
0.0
4638.6
4638.6
7545.0

2441.8
233.7
2675.5
0.0
0.0
5229.0
5229.0
7904.5

113.2
90.7
22.5
599.9
989.6
1702.7
1963.3
3503.0
-260.6
2446.6
-1850.1

215.2
65.4
149.8
839.5
1020.8
2075.5
2058.8
3993.7
16.7
2942.8
-1843.6

819.1
4.4
814.7
719.4
1298.8
2837.3
2798.6
5047.2
38.7
4406.9
-1979.5

8.9
4.4
4.5
1903.3
1392.5
3304.7
3269.8
5979.8
34.9
4302.2
-3260.9

819.3
32.1
787.2
2344.7
1960.3
5124.3
5106.3
9744.9
18.0
6903.4
-4287.0

1160.6
26.6
1134.0
1375.4
3295.9
5831.9
6364.2
11593.2
-532.3
9133.3
-5203.6

3084.3
2641.8
135.3
4344.5

3826.9
3245.6
141.8
5321.1

5702.6
4953.2
64.7
7790.5

6493.9
5824.2
203.7
9128.9

7405.7
7526.9
242.5
12651.2

9312.4
8436.9
309.8
14268.8

3641.0
3244.6
396.4
3481.6
159.4
3535.9
153.7
98.6
55.1
19.2
0.0
0.0

3693.5
2828.4
865.1
3323.4
370.1
3428.9
310.1
129.2
180.9
24.5
0.0
0.0

2063.3
1318.7
744.6
1783.5
279.8
1850.6
273.7
154.4
119.3
14.4
0.0
0.0

5799.9
3391.8
2408.1
5061.7
738.2
5269.2
830.1
371.8
458.3
29.0
0.0
0.0

7020.7
7020.7
0.0
6026.5
994.2
6346.0
854.9
491.6
363.3
35.9
524.8
0.0

7526.9
4571.1
2955.8
6636.0
890.9
7246.4
776.2
1021.1
-244.9
29.4
0.0
0.0

1049.6
35.9
1013.7

880.9
156.4
724.5

1729.6
104.9
1624.7

867.3
429.3
438.0

1685.9
-197.4
1883.3

359.5
-274.3
633.8

171.2
1184.9

298.2
1022.7

169.6
1794.3

633.0
1071.0

45.1
1928.4

35.5
669.3

64.7
86.7
36.3
416.2
1.3
3.4
14.4
841.6
97.1
64.2
2.7
4.0
34.8
1.6
6.5

59.3
100.8
51.2
300.9
3.4
17.8
29.2
530.9
92.8
41.7
3.5
4.4
13.5
5.2
13.6

45.0
101.4
55.0
184.0
1.5
6.1
9.5
112.3
89.7
56.4
7.5
3.5
12.1
8.1
4.3

46.3
101.1
58.5
189.9
5.0
49.5
59.1
129.0
90.8
44.8
6.4
8.6
6.3
5.3
14.6

61.5
100.4
62.0
335.3
2.9
-11.7
2.3
119.0
90.4
57.5
7.0
7.1
9.9
4.7
12.5

66.2
91.6
39.8
433.3
-1.7
-76.3
5.3
109.6
96.3
131.6
13.6
11.2
-12.0
7.2
-9.2

0.0
1.5
5.5
3.6
8.1
83.8
27.9
39.9
84.2

0.0
4.9
7.2
6.3
5.4
69.4
30.9
1.4
53.1

0.0
0.0
5.8
0.5
0.4
2.0
26.5
-93.1
-44.1
11.2

0.0
0.0
7.9
1.9
1.8
4.1
63.5
280.0
181.1
12.9

62.4
18.1
5.2
1.5
1.3
4.2
55.5
-21.1
21.0
11.9

0.0
0.0
-3.3
-1.0
-1.1
20.3
52.8
-166.7
7.2
11.0

Crescent Fibers Ltd. (Crescent Boards Ltd.)

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

39

2005

2006

2007

2008

2009

118.3
154.0
272.3
0.0
0.0
108.2
108.2
380.5

124.2
103.5
227.7
0.0
0.0
67.6
67.6
295.3

124.2
56.0
180.2
0.0
0.0
30.2
30.2
210.4

4.8
2.1
2.7
341.6
109.8
456.2
394.0
502.2
62.2
270.6
-389.2

4.2
1.5
2.7
539.7
153.5
697.4
414.7
482.3
282.7
262.7
-410.5

73.5
29.9
43.6
177.0
101.3
351.8
424.6
454.8
-72.8
237.3
-351.1

875.7
318.3
32.8
774.5

850.1
12.5
31.3
709.9

859.4
283.2
29.5
635.0

1189.7
1189.7
0.0
1073.1
116.6
1122.1
76.1
36.8
39.3
5.9
0.0
5.9

1246.8
1241.8
5.0
1160.2
86.6
1202.5
57.2
32.0
25.2
6.2
62.1
0.0

1427.5
1426.3
1.2
1318.4
109.1
1369.1
67.8
54.5
13.3
0.9
0.0
0.0

380.5
33.4
347.1

-85.2
-43.1
-42.1

-84.9
12.4
-97.3

66.2
413.3

-11.8
-53.9

41.9
-55.4

28.4
115.8
87.9
184.4
5.1
8.8
16.0
230.2
94.3
48.4
3.1
13.6
15.0
9.8
14.4

22.9
168.2
131.2
211.8
3.5
50.6
21.9
183.3
96.4
55.9
2.6
12.2
24.6
7.3
11.1

14.4
82.9
59.0
252.4
2.1
-14.6
-75.6
145.1
95.9
80.4
3.8
23.0
6.8
8.3
7.4

0.0
0.0
3.3
3.3
2.8
10.1
153.6
230.0
23.0

30.6
27.3
2.0
2.0
1.5
26.5
175.6
-39.4
4.8
18.3

0.0
0.0
0.9
1.1
1.0
9.8
224.8
-45.0
14.5
14.5

D.M. Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

40

2004

2005

2006

2007

2008

2009

30.5
307.1
337.6
0.0
0.0
83.6
83.6
421.2

30.5
369.5
400.0
0.0
0.0
107.2
107.2
507.2

30.5
250.1
280.6
0.0
0.0
175.8
175.8
456.4

30.5
551.9
582.4
0.0
0.0
150.8
150.8
733.2

30.5
527.8
558.3
0.0
0.0
224.3
224.3
782.6

30.5
460.3
490.8
0.0
0.0
174.1
174.1
664.9

28.1
27.8
0.3
50.0
94.1
172.2
253.1
336.7
-80.9
158.0
-225.0

19.0
18.6
0.4
54.1
65.5
138.6
163.5
270.7
-24.9
191.5
-144.5

4.0
3.6
0.4
189.4
176.2
369.6
512.9
688.7
-143.3
372.3
-508.9

1.7
1.3
0.4
132.8
156.0
290.5
538.0
688.8
-247.5
301.7
-536.3

4.1
2.4
1.7
108.4
96.3
208.8
389.4
613.7
-180.6
371.0
-385.3

2.4
0.6
1.8
104.8
91.0
198.2
469.7
643.8
-271.5
344.7
-467.3

571.0
502.2
13.1
674.4

771.8
532.2
11.1
670.8

861.2
599.8
17.0
969.4

0.0
980.8
0.0
1271.3

1245.9
963.3
28.6
1172.1

1245.3
936.5
27.0
1134.7

554.0
537.8
16.2
513.4
40.6
526.9
27.6
17.7
9.9
2.4
0.0
0.0

456.3
456.3
0.0
413.1
43.2
424.5
32.4
12.3
20.1
2.3
1.3
0.0

768.1
768.1
0.0
675.9
92.2
703.7
66.7
32.9
33.8
3.9
0.0
0.0

805.4
779.3
26.1
731.5
73.9
774.5
34.0
57.4
-23.4
4.5
0.0
0.0

867.6
842.3
25.3
801.4
66.2
832.2
37.2
54.4
-17.2
4.3
0.0
0.0

549.8
549.8
0.0
558.4
-8.6
581.4
-22.4
50.1
-72.5
0.0
0.0
0.0

159.7
7.5
152.2

86.0
16.5
69.5

-50.8
29.9
-80.7

276.8
-27.9
304.7

49.4
-21.5
70.9

-117.7
-72.5
-45.2

20.6
172.8

27.6
97.1

46.9
-33.8

-27.9
276.8

7.1
78.0

-45.5
-90.7

19.8
68.0
30.9
99.7
1.5
4.7
11.9
1106.9
95.1
64.1
3.2
11.2
24.2
0.4
2.9

21.1
84.8
44.7
67.7
3.0
19.2
28.4
1311.5
93.0
38.0
2.7
6.4
11.4
0.9
5.0

38.5
72.1
37.7
245.4
3.5
-58.9
-138.8
920.0
91.6
49.3
4.3
8.8
11.5
0.4
12.0

20.6
54.0
25.0
118.3
-1.8
-10.1
-10.1
1909.5
96.2
168.8
7.1
19.0
-19.2
2.2
-4.0

28.7
53.6
28.9
109.9
-1.5
-43.5
9.1
1830.5
95.9
146.2
6.3
14.7
-25.0
0.5
-3.1

26.2
42.2
22.8
131.2
-6.4
61.6
50.2
1609.2
105.7
-223.7
9.1
14.5
0.0
0.6
-14.8

0.0
1.8
3.2
2.5
4.0
82.1
18.5
36.0
110.7

1369.2
0.3
4.4
6.6
5.8
2.2
68.0
106.3
-17.6
131.1

0.0
0.0
4.4
11.1
9.8
3.2
79.2
68.2
68.3
92.0

0.0
0.0
-2.9
-7.7
-9.1
0.0
63.4
-169.4
4.9
191.0

0.0
0.0
-2.0
-5.6
-7.0
2.9
74.0
-27.3
7.7
183.0

0.0
0.0
-13.2
-23.8
-23.8
2.8
48.5
325.0
-36.6
160.9

D.S. Industries Limited

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

41

2005

2006

2007

2008

2009

600.0
-756.2
-156.2
0.0
0.0
261.3
261.3
105.1

129.8
2.5
127.3
33.6
23.2
186.6
733.1
994.4
-546.5
642.5
-603.3

693.9
651.5
56.2
838.1

653.7
653.7
0.0
652.9
0.8
1166.4
-857.8
130.2
-988.0
0.0
0.0
0.0

-988.0
-

-931.8
-

248.6
25.5
22.3
0.0
-117.9
0.0
0.0
-26.0
178.4
-15.2
19.9
20.3
0.0
3.6
0.0

0.0
0.0
-151.1
-16.5
-16.5
11.6
78.0
-1750.0
-2.6

Dar Es Salaam Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

42

2004

2005

2006

2007

2008

2009

80.0
-16.9
63.1
0.0
0.0
177.5
177.5
240.6

80.0
143.0
223.0
0.0
0.0
181.8
181.8
404.8

80.0
126.0
206.0
0.0
0.0
234.3
234.3
440.3

80.0
224.8
304.8
0.0
0.0
174.2
174.2
479.0

80.0
127.9
207.9
0.0
0.0
191.2
191.2
399.1

80.0
24.3
104.3
0.0
0.0
120.6
120.6
224.9

33.5
33.5
0.0
87.2
160.1
280.8
311.5
489.0
-30.7
413.3
-278.0

30.1
30.1
0.0
104.4
136.9
271.4
357.4
539.2
-86.0
484.9
-327.3

1.1
1.1
0.0
87.5
129.3
217.9
253.5
487.8
-35.6
438.8
-252.4

3.2
3.2
0.0
176.9
115.5
295.6
472.9
647.1
-177.3
484.5
-469.7

4.8
4.8
0.0
131.2
188.0
324.0
537.9
729.1
-213.9
590.8
-533.1

1.5
1.5
0.0
135.5
53.4
190.4
527.5
648.1
-337.1
452.0
-526.0

490.2
271.4
22.2
552.2

597.9
490.9
15.2
762.3

740.8
476.0
43.6
693.9

746.2
656.2
40.5
951.8

968.0
613.0
58.9
937.0

968.4
562.0
53.9
752.4

653.7
232.3
421.4
612.0
41.7
652.3
2.8
22.6
-19.8
6.6
0.0
0.0

475.6
182.1
293.5
409.4
66.2
440.0
36.2
20.9
15.3
4.3
0.0
0.0

698.4
411.4
287.0
622.0
76.4
662.3
37.1
56.7
-19.6
4.5
0.0
0.0

779.2
410.4
368.8
716.7
62.5
755.3
24.4
60.9
-36.5
5.5
0.0
0.0

730.7
454.3
276.4
730.2
0.5
770.6
-37.9
66.9
-104.8
3.7
0.0
0.0

850.1
707.2
142.9
848.3
1.8
898.8
-48.7
79.5
-128.2
1.5
0.0
0.0

92.1
-26.4
118.5

164.2
11.0
153.2

35.5
-24.1
59.6

38.7
-42.0
80.7

-79.9
-108.5
28.6

-174.2
-129.7
-44.5

-4.2
114.3

26.2
179.4

19.5
79.1

-1.5
79.2

-49.6
-21.0

-75.8
-120.3

73.8
90.1
38.7
775.0
-3.6
-28.7
-3.7
78.9
99.8
807.1
3.5
5.5
5.3
-31.4

44.9
75.9
37.6
241.8
2.0
6.7
14.6
278.8
92.5
57.7
4.4
4.3
28.1
9.8
6.9

53.2
86.0
35.0
236.8
-2.8
-67.9
24.7
257.5
94.8
152.8
8.1
12.9
-23.0
7.5
-9.5

36.4
62.5
38.1
212.3
-3.8
-108.5
-1.9
381.0
96.9
249.6
7.8
12.6
-15.1
16.2
-12.0

47.9
60.2
25.3
350.7
-11.2
135.8
236.2
259.9
105.5
-176.5
9.2
11.3
-3.5
10.3
-50.4

53.6
36.1
26.0
621.4
-17.0
74.5
63.0
130.4
105.7
-163.2
9.4
17.6
-1.2
2.2
-122.9

0.0
-3.0
-2.5
-3.3
13.9
118.4
316.7
35.1
7.9

0.0
3.2
1.9
1.4
5.6
62.4
-176.0
-27.2
27.9

0.0
0.0
-2.8
-2.5
-3.0
8.9
100.6
-231.6
46.8
25.8

0.0
0.0
-4.7
-4.6
-5.3
8.5
81.9
84.0
11.6
38.1

0.0
0.0
-14.3
-13.1
-13.6
9.0
78.0
184.8
-6.2
26.0

0.0
0.0
-15.1
-16.0
-16.2
8.8
113.0
22.1
16.3
13.0

Data Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

43

2004

2005

2006

2007

2008

2009

99.1
-94.1
5.0
0.0
0.0
72.8
72.8
77.8

99.1
-158.0
-58.9
0.0
0.0
55.6
55.6
-3.3

99.1
38.7
137.8
0.0
0.0
50.7
50.7
188.5

99.1
-28.1
71.0
0.0
0.0
65.6
65.6
136.6

99.1
-72.2
26.9
0.0
0.0
0.0
0.0
26.9

99.1
-78.6
20.5
0.0
0.0
0.0
0.0
20.5

1.4
1.4
0.0
37.6
128.3
167.3
237.0
309.8
-69.7
185.8
-235.6

2.3
2.3
0.0
21.6
169.6
193.5
356.1
411.7
-162.6
207.4
-353.8

2.1
2.1
0.0
79.4
70.7
152.2
286.1
336.8
-133.9
114.4
-284.0

0.8
0.8
0.0
66.0
47.4
114.2
269.7
335.3
-155.5
88.8
-268.9

0.7
0.7
0.0
104.2
0.0
104.9
153.2
153.2
-48.3
0.0
-152.5

0.9
0.9
0.0
102.6
0.0
103.5
153.2
153.2
-49.7
0.0
-152.3

301.6
147.4
6.5
314.7

326.3
159.3
12.9
352.8

522.6
322.5
33.5
474.7

519.9
292.0
29.8
406.2

129.6
75.2
178.1
180.1

129.6
70.1
5.1
173.6

311.8
311.8
0.0
325.1
-13.3
334.0
-22.1
11.1
-33.2
1.4
0.0
0.0

241.2
241.2
0.0
279.8
-38.6
288.5
-47.3
18.1
-65.4
1.2
0.0
0.0

551.1
551.1
0.0
555.9
-4.8
566.4
-14.9
26.8
-41.7
2.7
0.0
0.0

98.7
98.7
0.0
152.0
-53.3
155.1
-56.2
10.2
-66.4
0.5
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.0
-8.3
3.9
-12.2
39.4
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.5
-6.3
0.1
-6.4
0.0
0.0
0.0

-63.4
-34.6
-28.8

-81.1
-66.6
-14.5

191.8
-44.4
236.2

-51.9
-66.9
15.0

-109.7
-51.6
-58.1

-6.4
-6.4
0.0

-28.1
-56.9

-53.7
-68.2

-10.9
225.3

-37.1
-22.1

126.5
68.4

-1.3
-1.3

93.6
70.6
16.5
6196.0
-10.5
5.0
107.1
3.6
6.0
3.6
-664.0

54.3
6.7
-18.5
-59.4
119.6
7.5
8.7
4.6
-

26.9
53.2
28.5
244.4
-8.8
-23.1
-4.8
139.1
102.8
-179.9
4.9
23.4
-6.5
1.5
-30.3

48.0
42.3
24.8
472.3
-16.3
128.9
167.9
71.6
157.1
-18.1
10.3
11.5
-0.8
0.0
-93.5

0.0
68.5
68.5
569.5
-6.8
47.0
184.9
27.1
0.0
-47.0
0.0
0.0
-323.0
0.0
-45.4

0.0
67.6
67.6
747.3
-3.7
100.0
100.0
20.7
0.0
-1.6
0.0
0.0
0.0
0.0
-31.2

0.0
-10.6
-3.4
-3.5
11.1
99.1
-206.3
-1.8
0.5

-27.1
-6.6
-6.7
8.8
68.4
94.1
-22.6
-5.9

0.0
0.0
-7.6
-4.2
-4.5
21.0
116.1
-36.4
128.5
13.9

0.0
0.0
-67.3
-6.7
-6.8
9.2
24.3
59.5
-82.1
7.2

0.0
0.0
0.0
-1.2
-5.2
61.0
0.0
-82.1
-100.0
2.7

0.0
0.0
0.0
-0.6
-0.6
6.8
0.0
-50.0
2.1

Dawood Lawrencepur Ltd. (Dawod Coton Mills)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

44

2004

2005

2006

2007

2008

2009

350.8
3176.5
3527.3
0.0
0.0
122.1
122.1
3649.4

350.8
3510.2
3861.0
0.0
0.0
87.4
87.4
3948.4

385.8
5786.1
6171.9
0.0
0.0
45.7
45.7
6217.6

385.8
5786.1
6171.9
0.0
0.0
45.7
45.7
6217.6

466.9
1115.9
1582.8
0.0
0.0
0.0
0.0
1582.8

513.5
971.6
1485.1
0.0
0.0
0.0
0.0
1485.1

2411.7
102.2
2309.5
589.6
968.1
3969.4
804.6
926.7
3164.8
584.2
1607.1

2568.8
57.7
2511.1
495.1
1013.3
4077.2
874.7
962.1
3202.5
786.1
1694.1

4772.7
34.4
4738.3
527.1
827.5
6127.3
711.3
757.0
5416.0
551.2
4061.4

4772.7
34.4
4738.3
527.1
827.5
6127.3
711.3
757.0
5416.0
551.2
4061.4

66.3
62.0
4.3
1452.4
196.1
1714.8
208.3
208.3
1506.5
0.0
-142.0

479.3
79.2
400.1
915.9
209.1
1604.3
184.3
184.3
1420.0
0.0
295.0

1460.2
484.6
36.9
4454.0

1712.0
745.9
38.7
4823.1

1783.5
801.6
77.1
6928.9

1783.5
801.6
77.1
6928.9

464.6
76.3
24.2
1791.1

463.0
65.0
10.3
1669.3

1851.4
1761.2
90.2
1705.6
145.8
1834.6
178.0
15.2
162.8
14.1
87.7
0.0

1376.7
1238.8
137.9
1249.4
127.3
1352.5
530.3
30.5
499.8
13.0
0.0
35.1

1870.5
1850.4
20.1
1770.2
100.3
1918.9
72.7
75.8
-3.1
14.3
0.0
35.1

1870.5
1850.4
20.1
1770.2
100.3
1918.9
72.7
75.8
-3.1
14.3
0.0
35.1

368.3
368.3
0.0
294.4
73.9
318.2
135.0
0.3
134.7
10.1
0.0
0.0

350.4
350.4
0.0
273.9
76.5
315.0
-93.3
1.6
-94.9
9.2
0.0
0.0

2176.5
61.0
2115.5

299.0
486.8
-187.8

2269.2
-17.4
2286.6

0.0
-17.4
17.4

-4634.8
124.6
-4759.4

-97.7
-104.1
6.4

97.9
2213.4

525.5
337.7

59.7
2346.3

59.7
77.1

148.8
-4610.6

-93.8
-87.4

3.3
493.3
373.0
26.3
3.7
2.8
4.4
1005.5
99.1
8.5
0.8
2.6
8.7
15.8
4.6

2.2
466.1
350.3
24.9
10.4
162.8
155.6
1100.6
98.2
5.8
2.2
3.9
2.6
20.7
12.9

0.7
861.4
745.1
12.3
0.0
-0.8
2.5
1599.8
102.6
104.3
4.1
13.8
-461.3
17.5
-0.1

0.7
861.4
745.1
12.3
0.0
0.0
77.4
1599.8
102.6
104.3
4.1
13.8
-461.3
17.5
-0.1

0.0
823.2
729.1
13.2
7.5
-2.7
-3.2
339.0
86.4
0.2
0.1
0.0
7.5
12.7
8.5

0.0
870.5
757.0
12.4
-5.7
106.6
107.3
289.2
89.9
-1.7
0.5
0.0
-9.7
10.3
-6.4

169.6
2.5
8.8
4.6
4.2
11.6
41.6
24.3
146.6
100.6

0.0
36.3
14.2
13.9
8.0
28.5
208.7
-25.6
110.1

0.0
0.0
-0.2
-0.1
-0.5
10.3
27.0
-100.7
35.9
160.0

0.0
0.0
-0.2
-0.1
-0.5
10.3
27.0
0.0
0.0
160.0

0.0
0.0
36.6
2.9
2.7
4.5
20.6
-3000.0
-80.3
33.9

0.0
0.0
-27.1
-1.8
-2.0
13.5
21.0
-162.1
-4.9
28.9

Dewan Farooque Spinning Mills Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

45

2005

2006

2007

2008

2009

600.0
6.8
606.8
0.0
0.0
495.9
495.9
1102.7

600.0
21.7
621.7
0.0
0.0
351.2
351.2
972.9

600.0
52.4
652.4
0.0
243.8
442.2
686.0
1338.4

600.0
-224.3
375.7
0.0
162.5
224.2
386.7
762.4

5.7
5.7
0.0
160.1
263.0
428.8
751.2
1247.1
-322.4
592.0
-745.5

1.8
1.8
0.0
256.8
272.1
530.7
890.3
1241.5
-359.6
550.2
-888.5

10.0
2.0
8.0
217.5
325.3
552.8
488.4
1174.4
64.4
975.6
-478.4

6.5
6.5
0.0
225.6
359.0
591.1
1031.1
1417.8
-440.0
760.6
-1024.6

1390.4
1425.0
59.7
1853.8

1390.4
1332.6
140.1
1863.3

1589.7
1273.8
126.4
1826.6

1638.9
1202.4
120.7
1793.5

306.8
73.9
232.9
244.9
61.9
248.0
58.8
45.0
13.8
3.4
0.0
0.0

881.0
388.3
492.7
745.2
135.8
756.6
124.4
118.1
6.3
7.1
0.0
0.0

1015.8
383.8
632.0
894.8
121.0
946.2
69.6
108.0
-38.4
96.6
0.0
0.0

920.4
522.1
398.3
974.8
-54.4
1016.3
-89.4
127.6
-217.0
4.0
0.0
0.0

10.4
-

-129.8
-0.8
-129.0

365.5
-135.0
500.5

-576.0
-221.0
-355.0

70.1
-

139.3
10.3

-8.6
491.9

-100.3
-455.3

45.0
57.1
22.1
205.5
0.7
0.0
0.0
101.1
80.8
76.5
14.7
7.6
24.6
7.8
2.3

36.1
59.6
29.0
199.7
0.3
0.6
1352.4
103.6
85.9
94.9
13.4
21.5
112.7
9.3
1.0

51.3
113.2
46.6
180.0
-2.1
-36.9
-1.7
108.7
93.1
155.2
10.6
11.1
-251.6
9.4
-5.9

50.7
57.3
22.5
377.4
-12.1
38.4
22.0
62.6
110.4
-142.7
13.9
16.8
-1.8
8.2
-57.8

0.0
0.0
4.5
0.2
0.2
5.0
16.5
-80.0
10.1

0.0
0.0
0.7
0.1
0.0
9.8
47.3
-50.0
187.2
10.4

0.0
0.0
-3.8
-0.6
-2.3
9.5
55.6
-700.0
15.3
10.9

0.0
0.0
-23.6
-3.6
-3.7
9.5
51.3
500.0
-9.4
6.3

Dewan Khalid Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

46

2004

2005

2006

2007

2008

2009

42.7
264.9
307.6
0.0
0.0
85.9
85.9
393.5

47.0
264.2
311.2
0.0
0.0
64.5
64.5
375.7

51.7
241.6
293.3
0.0
0.0
36.0
36.0
329.3

56.8
513.1
569.9
0.0
0.0
20.0
20.0
589.9

56.8
232.7
289.5
0.0
0.0
52.2
52.2
341.7

56.8
-99.6
-42.8
0.0
0.0
0.0
0.0
-42.8

72.2
7.2
65.0
192.2
432.3
696.7
544.5
630.4
152.2
395.4
-472.3

68.7
3.7
65.0
176.9
545.3
790.9
692.0
756.5
98.9
429.8
-623.3

68.4
3.4
65.0
172.5
583.1
824.0
794.7
830.7
29.3
402.6
-726.3

342.6
2.0
340.6
149.1
657.2
1148.9
855.8
875.8
293.1
411.1
-513.2

170.0
10.2
159.8
212.9
366.2
749.1
697.5
749.7
51.6
426.9
-527.5

50.1
2.3
47.8
266.8
316.8
633.7
960.1
960.1
-326.4
381.5
-910.0

521.6
241.2
20.1
937.9

551.1
276.7
14.0
1067.6

594.3
299.8
20.0
1123.8

476.4
296.9
19.0
1445.8

584.9
290.1
18.7
1039.2

642.5
283.6
26.8
917.3

881.8
881.8
0.0
811.5
70.3
836.2
45.6
17.1
28.5
8.1
0.0
4.3

374.1
365.3
8.8
322.8
51.3
339.3
34.8
22.1
12.7
4.8
0.0
4.3

811.8
720.7
91.1
707.2
104.6
749.1
62.7
48.7
14.0
5.8
5.2
0.0

565.6
534.4
31.2
466.2
99.4
506.1
59.5
53.9
5.6
2.8
0.0
0.0

1205.9
1200.3
5.6
1173.2
32.7
1223.2
-17.3
56.2
-73.5
6.0
0.0
0.0

652.2
652.2
0.0
660.7
-8.5
706.0
-62.4
45.7
-108.1
0.0
0.0
0.0

67.3
20.4
46.9

-17.8
7.9
-25.7

-46.4
3.0
-49.4

260.6
2.8
257.8

-248.2
-79.5
-168.7

-384.5
-108.1
-276.4

40.5
87.4

21.9
-3.8

23.0
-26.4

21.8
279.6

-60.8
-229.5

-81.3
-357.7

21.8
128.0
48.6
204.9
3.0
30.3
46.3
720.4
94.8
37.5
1.9
4.3
28.4
13.0
9.3

17.2
114.3
35.5
243.1
1.2
662.1
90.7
63.5
5.9
5.1
37.8
23.7
4.1

10.9
103.7
30.3
283.2
1.2
-6.5
-87.1
567.3
92.3
77.7
6.0
12.1
41.4
10.8
4.8

3.4
134.2
57.5
153.7
0.4
1.1
7.8
1003.3
89.5
90.6
9.5
13.1
50.0
11.5
1.0

15.3
107.4
54.9
259.0
-7.1
32.0
26.5
509.7
101.4
-324.9
4.7
13.2
-8.2
8.9
-25.4

0.0
66.0
33.0
0.0
-11.8
28.1
22.7
-75.4
108.2
-73.2
7.0
12.0
0.0
30.3
0.0

0.0
3.2
6.7
4.8
10.6
94.0
63.4
39.7
72.0

0.0
3.4
2.7
1.7
5.8
35.0
-59.7
-57.6
66.2

157.7
1.8
1.7
2.7
1.6
7.2
72.2
0.0
117.0
56.7

0.0
0.0
1.0
1.0
0.5
6.3
39.1
-63.0
-30.3
100.3

0.0
0.0
-6.1
-12.9
-14.0
6.3
116.0
-1390.0
113.2
51.0

0.0
0.0
-16.6
-19.0
-19.0
9.2
71.1
47.3
-45.9
-7.5

Dewan Mushtaq Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

47

2004

2005

2006

2007

2008

2009

25.8
165.9
191.7
0.0
0.0
107.8
107.8
299.5

28.4
174.5
202.9
0.0
0.0
61.6
61.6
264.5

31.2
131.0
162.2
0.0
0.0
0.0
0.0
162.2

34.3
307.8
342.1
0.0
0.0
0.0
0.0
342.1

34.3
188.4
222.7
0.0
0.0
0.0
0.0
222.7

34.3
55.4
89.7
0.0
0.0
187.5
187.5
277.2

43.6
3.6
40.0
161.6
650.9
856.1
979.5
1087.3
-123.4
371.0
-935.9

43.7
3.7
40.0
152.1
713.1
908.9
1055.5
1117.1
-146.6
388.5
-1011.8

48.4
8.4
40.0
178.3
635.1
861.8
1091.0
1091.0
-229.2
307.1
-1042.6

221.1
11.5
209.6
220.3
571.1
1012.5
1038.8
1038.8
-26.3
274.5
-817.7

126.1
27.8
98.3
174.2
257.2
557.5
673.5
673.5
-116.0
129.7
-547.4

35.4
6.0
29.4
272.1
112.1
419.6
446.7
634.2
-27.1
421.3
-411.3

678.7
422.9
37.0
1279.0

698.3
411.1
32.0
1320.0

719.6
391.4
40.9
1253.2

706.4
368.4
38.5
1380.9

738.8
338.6
35.9
896.1

739.6
304.3
35.0
723.9

1117.5
816.9
300.6
1030.5
87.0
1069.4
48.1
26.0
22.1
5.8
0.0
2.6

650.4
635.4
15.0
595.0
55.4
617.1
34.0
15.6
18.4
3.1
0.0
2.6

1066.8
987.5
79.3
971.2
95.6
1013.8
53.0
33.1
19.9
6.7
0.0
3.1

1137.0
1046.3
90.7
1043.4
93.6
1093.3
44.4
28.6
15.8
10.7
0.0
0.0

1526.8
1446.4
80.4
1510.8
16.0
1528.6
-1.6
32.0
-33.6
7.9
0.0
0.0

1033.7
1011.2
22.5
997.0
36.7
1036.8
-8.4
69.8
-78.2
0.3
0.0
0.0

-40.5
16.3
-56.8

-35.0
15.3
-50.3

-102.3
13.2
-115.5

179.9
5.1
174.8

-119.4
-41.5
-77.9

54.5
-78.5
133.0

53.3
-3.5

47.3
-3.0

54.1
-61.4

43.6
218.4

-5.6
-83.5

-43.5
89.5

36.0
87.4
20.9
567.2
1.7
743.0
95.7
54.1
2.3
7.0
26.2
4.5
11.5

23.3
86.1
18.6
550.6
1.4
714.4
94.9
45.9
2.4
4.0
16.8
6.4
9.1

0.0
79.0
20.8
672.6
1.6
-12.9
-88.1
519.9
95.0
62.5
3.1
10.8
33.7
7.2
12.3

0.0
97.5
42.5
303.7
1.1
2.8
20.0
997.4
96.2
64.4
2.5
10.4
67.7
11.0
4.6

0.0
82.8
44.6
302.4
-3.7
34.8
6.7
649.3
100.1
-2000.0
2.1
24.7
-23.5
8.5
-15.1

67.6
93.9
68.8
707.0
-10.8
-144.0
-48.6
261.5
100.3
-831.0
6.8
16.6
-0.4
21.6
-87.2

0.0
2.0
8.6
6.3
8.9
87.4
1.2
49.0
74.3

0.0
2.8
6.5
5.4
7.6
49.3
-24.4
-41.8
71.4

0.0
0.0
1.9
6.4
4.2
9.9
85.1
-1.5
64.0
52.0

0.0
0.0
1.4
4.6
1.5
9.8
82.3
-28.1
6.6
99.7

0.0
0.0
-2.2
-9.8
-12.1
9.7
170.4
-313.0
34.3
64.9

0.0
0.0
-7.6
-22.8
-22.9
10.3
142.8
132.7
-32.3
26.2

Dewan Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

48

2004

2005

2006

2007

2008

2009

101.5
678.8
780.3
0.0
0.0
258.7
258.7
1039.0

111.6
715.1
826.7
0.0
0.0
263.4
263.4
1090.1

122.8
1623.3
1746.1
0.0
0.0
193.1
193.1
1939.2

135.0
1613.4
1748.4
0.0
0.0
139.7
139.7
1888.1

135.0
815.6
950.6
0.0
0.0
745.2
745.2
1695.8

135.0
-193.4
-58.4
0.0
0.0
782.7
782.7
724.3

216.8
6.8
210.0
756.2
1694.6
2667.6
2709.8
2968.5
-42.2
1888.4
-2493.0

213.3
3.3
210.0
450.6
1584.6
2248.5
2334.2
2597.6
-85.7
2009.1
-2120.9

1169.4
1.4
1168.0
474.5
1456.9
3100.8
2393.1
2586.2
707.7
1777.5
-1223.7

1114.5
14.3
1100.2
520.4
1507.9
3142.8
2460.4
2600.1
682.4
1640.9
-1345.9

528.7
12.5
516.2
794.7
1714.9
3038.3
2621.3
3366.5
417.0
2499.1
-2092.6

6.6
6.6
0.0
1298.6
1284.8
2590.0
3176.1
3958.8
-586.1
2937.6
-3169.5

1903.7
1081.1
94.8
3748.7

2067.6
1175.7
69.2
3424.2

2215.3
1231.5
92.0
4332.3

2128.8
1205.7
101.0
4348.5

2231.6
1278.8
109.3
4317.1

24315.9
1310.5
111.3
3900.5

2860.0
1895.1
964.9
2614.1
245.9
2712.1
154.8
98.5
56.3
2.0
0.0
10.1

2007.3
1428.6
578.7
1792.4
214.9
1867.0
141.4
112.1
29.3
13.3
0.0
10.1

2320.8
2320.8
0.0
1973.8
347.0
2065.4
258.9
215.6
43.3
14.4
0.0
12.3

2576.1
1595.1
981.0
2201.6
374.5
2309.4
271.3
244.8
26.5
13.2
0.0
0.0

3232.7
1815.3
1417.4
3055.4
177.3
3171.4
73.2
285.9
-212.7
18.0
0.0
0.0

3113.8
3113.8
0.0
3339.2
-225.4
3493.3
-362.0
297.1
-659.1
17.4
0.0
0.0

-118.7
54.3
-173.0

51.1
16.0
35.1

849.1
28.9
820.2

-51.1
13.3
-64.4

-192.3
-230.7
38.4

-971.5
-676.5
-295.0

149.1
-23.9

85.2
120.3

120.9
941.1

114.3
49.9

-121.4
-83.0

-565.2
-860.2

24.9
98.4
35.9
380.4
1.5
768.8
94.8
63.6
3.4
5.2
3.6
0.0
7.2

24.2
96.3
28.4
314.2
0.9
31.3
70.8
740.8
93.0
79.3
5.6
5.6
45.4
15.7
3.5

10.0
129.6
68.7
148.1
1.0
3.4
12.8
1421.9
89.0
83.3
9.3
12.1
33.3
15.3
2.5

7.4
127.7
66.4
148.7
0.6
-26.0
229.1
1295.1
89.6
90.2
9.5
14.9
49.8
16.7
1.5

43.9
115.9
50.5
354.1
-4.9
120.0
146.3
704.1
98.1
390.6
8.8
11.4
-8.5
20.8
-22.4

108.1
81.5
41.1
0.0
-16.9
69.6
65.7
-43.3
112.2
-82.1
9.5
10.1
-2.6
33.6
0.0

0.0
2.0
5.5
5.3
9.2
76.3
57.1
1.1
76.9

0.0
1.5
2.6
1.4
6.4
58.6
-52.7
-29.8
74.1

0.0
0.0
1.9
3.5
2.4
7.8
53.6
34.6
15.6
142.2

0.0
0.0
1.0
2.0
1.0
8.2
59.2
-42.9
11.0
129.5

0.0
0.0
-6.6
-15.8
-17.1
9.1
74.9
-890.0
25.5
70.4

0.0
0.0
-21.2
-48.8
-50.1
8.7
79.8
208.9
-3.7
-4.3

Din Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

49

2004

2005

2006

2007

2008

2009

154.4
664.8
819.2
0.0
0.0
170.0
170.0
989.2

185.3
721.4
906.7
0.0
0.0
1250.1
1250.1
2156.8

185.3
539.6
724.9
0.0
0.0
665.3
665.3
1390.2

185.3
705.9
891.2
0.0
0.0
503.1
503.1
1394.3

185.3
887.7
1073.0
0.0
0.0
263.8
263.8
1336.8

185.3
917.4
1102.7
0.0
0.0
519.5
519.5
1622.2

61.7
61.7
0.0
508.2
434.5
1004.4
838.2
1008.2
166.2
671.6
-776.5

18.8
18.8
0.0
330.3
735.6
1084.7
1081.4
2331.5
3.3
2076.3
-1062.6

25.9
25.9
0.0
363.1
538.3
927.3
1657.6
2322.9
-730.3
1479.4
-1631.7

8.6
8.6
0.0
503.4
644.7
1156.7
1767.7
2270.8
-611.0
1275.3
-1759.1

23.6
23.6
0.0
646.7
559.3
1229.6
1791.9
2055.7
-562.3
1035.0
-1768.3

14.4
14.4
0.0
900.8
515.3
1430.5
1544.7
2064.2
-114.2
637.3
-1530.3

1473.4
823.0
69.4
1827.4

2852.6
2153.5
92.0
3238.2

3026.2
2120.6
213.8
3047.9

3115.8
2005.4
210.7
3162.1

3207.3
1899.2
200.1
3128.8

3224.6
1736.5
187.2
3167.0

1815.0
649.5
1165.5
1683.4
131.6
1751.6
66.1
28.8
37.3
14.6
0.0
0.0

1443.0
1200.2
242.8
1323.9
119.1
1364.9
81.6
59.0
22.6
6.5
0.0
3.1

2510.9
2504.5
6.4
2277.3
233.6
2341.6
177.3
142.6
34.7
2.0
0.0
0.0

2772.4
1295.1
1477.3
2479.0
293.4
2552.6
227.5
137.0
90.5
20.3
0.0
0.0

3101.1
1504.1
1597.0
2765.9
335.2
2864.5
246.6
114.2
132.4
15.8
0.0
0.0

3712.4
2297.1
1415.3
3324.9
387.5
3494.8
227.3
142.5
84.8
12.0
0.0
0.0

120.5
22.7
97.8

1167.6
16.1
1151.5

-766.6
32.7
-799.3

4.1
70.2
-66.1

-57.5
116.6
-174.1

285.4
72.8
212.6

92.1
189.9

108.1
1259.6

246.5
-552.8

280.9
214.8

316.7
142.6

260.0
472.6

17.2
119.8
68.0
123.1
2.0
18.8
48.5
530.6
96.5
43.6
1.6
4.3
39.1
18.7
4.6

58.0
100.3
32.3
257.1
0.7
1.4
8.6
489.3
94.6
72.3
4.1
2.8
28.8
17.2
2.5

47.9
55.9
23.5
320.4
1.1
-4.3
-44.6
391.2
93.3
80.4
5.7
9.6
5.8
8.5
4.8

36.1
65.4
29.0
254.8
2.9
1712.2
130.8
480.9
92.1
60.2
4.9
10.7
22.4
0.0
10.2

19.7
68.6
37.4
191.6
4.2
-202.8
222.1
579.1
92.4
46.3
3.7
11.0
11.9
13.4
12.3

32.0
92.6
59.2
187.2
2.7
25.5
55.0
595.1
94.1
62.7
3.8
22.4
14.2
15.1
7.7

0.0
2.1
2.4
1.5
9.9
99.3
-70.0
13.9
53.1

0.0
1.6
1.2
0.9
11.2
44.6
-50.0
-20.5
48.9

0.0
0.0
1.4
1.9
1.8
9.9
82.4
58.3
74.0
39.1

0.0
0.0
3.3
4.9
3.8
9.9
87.7
157.9
10.4
48.1

0.0
0.0
4.3
7.1
6.3
10.0
99.1
44.9
11.9
57.9

0.0
0.0
2.3
4.6
3.9
9.9
117.2
-35.2
19.7
59.5

Elahi Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

50

2004

2005

2006

2007

2008

2009

13.0
-89.4
-76.4
0.0
0.0
46.7
46.7
-29.7

13.0
-48.3
-35.3
0.0
0.0
18.9
18.9
-16.4

13.0
-55.5
-42.5
0.0
0.0
3.8
3.8
-38.7

13.0
-59.6
-46.6
0.0
0.0
0.0
0.0
-46.6

13.0
-45.7
-32.7
0.0
0.0
4.5
4.5
-28.2

13.0
-49.9
-36.9
0.0
0.0
0.0
0.0
-36.9

0.0
0.0
0.0
3.1
0.0
3.1
85.0
131.7
-81.9
49.7
-85.0

0.2
0.2
0.0
2.0
2.8
5.0
70.8
89.7
-65.8
49.4
-70.6

0.6
0.6
0.0
2.8
4.2
7.6
93.0
96.8
-85.4
35.5
-92.4

1.1
1.1
0.0
2.3
3.3
6.7
98.6
98.6
-91.9
23.9
-97.5

0.6
0.6
0.0
1.8
4.7
7.1
78.7
83.2
-71.6
4.5
-78.1

0.6
0.6
0.0
2.0
4.2
6.8
85.6
85.6
-78.8
0.0
-85.0

69.6
52.2
2.9
55.3

115.6
49.4
1.9
54.4

106.2
46.7
2.3
54.3

104.5
45.3
2.1
52.0

104.0
43.4
1.9
50.5

100.8
41.8
1.7
48.6

2.1
2.1
0.0
5.2
-3.1
6.8
-3.6
2.4
-6.0
0.0
0.0
0.0

9.8
9.8
0.0
11.7
-1.9
13.1
42.9
1.8
41.1
0.1
0.0
0.0

71.1
71.1
0.0
72.5
-1.4
74.5
-0.7
2.4
-3.1
0.4
0.0
0.0

109.7
109.7
0.0
111.3
-1.6
112.7
-2.2
2.4
-4.6
0.6
0.0
0.0

148.2
148.2
0.0
150.5
-2.3
151.9
15.4
0.2
15.2
0.7
0.0
0.0

139.7
139.7
0.0
143.2
-3.5
145.0
-3.9
0.8
-4.7
0.0
0.0
0.0

-16.5
-6.0
-10.5

13.3
41.0
-27.7

-22.3
-3.5
-18.8

-7.9
-5.2
-2.7

18.4
14.5
3.9

-8.7
-4.7
-4.0

-3.1
-13.6

42.9
15.2

-1.2
-20.0

-3.1
-5.8

16.4
20.3

-3.0
-7.0

3.6
3.6
-10.8
-587.7
323.8
114.3
4.8
0.0
-

7.1
3.1
75.6
308.3
282.2
-271.5
133.7
4.2
18.4
3.6
0.2
0.0
-

0.0
8.2
3.7
0.0
-5.7
15.7
6.0
-326.9
104.8
-342.9
3.4
6.8
-12.9
0.0
0.0

0.0
6.8
3.4
0.0
-8.8
65.8
53.4
-358.5
102.7
-109.1
2.2
10.0
-13.0
0.0
0.0

0.0
9.0
3.0
0.0
30.1
78.8
80.8
-251.5
102.5
1.3
0.1
4.4
4.6
0.0
0.0

0.0
7.9
3.0
0.0
-9.7
54.0
42.9
-283.8
103.8
-20.5
0.6
0.0
0.0
0.0
0.0

-285.7
-4.6
-4.6
5.2
3.8
-9.8
5.0
-58.8

419.4
31.6
31.5
3.6
18.0
-787.0
366.7
-27.2

0.0
0.0
-4.4
-2.4
-2.7
4.7
130.9
-107.6
625.5
-32.7

0.0
0.0
-4.2
-3.5
-4.0
4.5
211.0
45.8
54.3
-35.8

0.0
0.0
10.3
11.7
11.2
4.2
293.5
-434.3
35.1
-25.2

0.0
0.0
-3.4
-3.6
-3.6
3.9
287.4
-130.8
-5.7
-28.4

Ellcot Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

51

2004

2005

2006

2007

2008

2009

109.5
221.1
330.6
0.0
0.0
446.7
446.7
777.3

109.5
282.0
391.5
0.0
0.0
517.0
517.0
908.5

109.5
284.1
393.6
0.0
0.0
451.2
451.2
844.8

109.5
331.6
441.1
0.0
0.0
585.7
585.7
1026.8

109.5
374.8
484.3
0.0
0.0
471.7
471.7
956.0

109.5
359.4
468.9
0.0
0.0
407.7
407.7
876.6

56.3
6.3
50.0
130.1
308.0
494.4
502.7
949.4
-8.3
763.0
-446.4

49.2
49.2
0.0
146.3
281.5
477.0
455.1
972.1
21.9
825.1
-405.9

73.4
73.4
0.0
105.6
249.5
428.5
473.8
925.0
-45.3
825.9
-400.4

114.3
114.3
0.0
294.2
304.5
713.0
662.2
1247.9
50.8
1056.9
-547.9

53.6
53.6
0.0
230.0
565.5
849.1
850.5
1322.2
-1.4
1119.6
-796.9

16.3
16.3
0.0
321.6
583.0
920.9
949.1
1356.8
-28.2
1185.0
-932.8

1124.3
785.5
61.9
1279.9

1278.8
886.5
35.5
1363.5

1331.0
890.2
87.7
1318.7

1495.2
975.9
89.5
1688.9

1578.5
957.4
99.7
1806.5

1621.7
904.7
97.4
1825.6

1200.4
1038.3
162.1
1060.7
139.7
1104.4
97.6
0.4
97.2
5.3
0.0
0.0

1003.0
868.7
134.3
867.3
135.7
902.9
101.4
36.0
65.4
4.5
21.9
0.0

1489.2
1489.2
0.0
1291.8
197.4
1336.2
156.6
81.8
74.8
7.5
16.4
0.0

1608.3
1082.3
526.0
1412.1
196.2
1472.7
144.2
79.5
64.7
8.0
0.0
0.0

1841.5
1226.0
615.5
1574.0
267.5
1670.7
179.0
94.7
84.3
9.2
0.0
0.0

2427.5
1907.1
520.4
2167.9
259.6
2245.5
185.3
180.1
5.2
6.3
8.2
0.0

314.1
91.9
222.2

131.2
39.0
92.2

-63.7
50.9
-114.6

182.0
56.7
125.3

-70.8
75.1
-145.9

-79.4
-9.3
-70.1

153.8
376.0

74.5
166.7

138.6
24.0

146.2
271.5

174.8
28.9

88.1
18.0

57.5
98.3
37.1
287.2
7.6
29.3
40.9
301.9
92.0
0.4
0.0
0.1
5.5
5.0
29.4

56.9
104.8
43.0
248.3
4.8
29.7
44.7
357.5
90.0
35.5
3.6
4.4
6.9
4.1
16.7

53.4
90.4
37.8
235.0
5.7
-79.9
577.5
359.5
89.7
52.2
5.5
9.9
10.0
3.3
19.0

57.0
107.7
61.7
282.9
3.8
31.2
53.8
402.8
91.6
55.1
4.9
7.5
12.4
6.1
14.7

49.3
99.8
33.3
273.0
4.7
-106.1
604.8
442.3
90.7
52.9
5.1
8.5
10.9
7.9
17.4

46.5
97.0
35.6
289.4
0.3
11.7
489.4
428.2
92.5
97.2
7.4
15.2
121.2
0.0
1.1

0.0
8.1
8.9
8.4
13.1
93.8
85.4
45.5
30.2

278.1
5.6
6.5
6.0
5.6
4.5
73.6
-32.6
-16.4
35.8

410.4
4.2
5.0
6.8
6.1
9.7
112.9
13.3
48.5
35.9

0.0
0.0
4.0
5.9
5.2
10.1
95.2
-13.2
8.0
40.3

0.0
0.0
4.6
7.7
6.9
10.2
101.9
30.5
14.5
44.2

-13.4
1.7
0.2
0.5
-0.1
10.2
133.0
-93.5
31.8
42.8

Faisal Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

52

2004

2005

2006

2007

2008

2009

100.0
502.9
602.9
0.0
0.0
879.8
879.8
1482.7

100.0
619.0
719.0
0.0
0.0
740.6
740.6
1459.6

100.0
748.1
848.1
0.0
0.0
967.0
967.0
1815.1

100.0
927.9
1027.9
0.0
0.0
631.4
631.4
1659.3

100.0
957.2
1057.2
0.0
0.0
559.4
559.4
1616.6

100.0
1024.8
1124.8
0.0
0.0
380.4
380.4
1505.2

39.4
27.5
11.9
328.7
316.8
684.9
792.9
1672.7
-108.0
1284.5
-753.5

27.7
15.8
11.9
377.0
698.4
1103.1
1360.3
2100.9
-257.2
1851.3
-1332.6

140.8
29.5
111.3
241.5
588.1
970.4
827.3
1794.3
143.1
1573.5
-686.5

154.3
24.2
130.1
404.5
685.8
1244.6
1310.6
1942.0
-66.0
1425.4
-1156.3

167.4
26.6
140.8
392.8
877.9
1438.1
1425.3
1984.7
12.8
1461.9
-1257.9

166.3
13.3
153.0
379.8
823.0
1369.1
1325.8
1706.2
43.3
1386.3
-1159.5

2062.8
1590.7
112.1
2275.6

2258.8
1716.8
99.7
2819.9

2377.5
1672.0
180.4
2642.4

2605.6
1725.3
179.0
2969.9

2667.0
1603.7
184.3
3041.8

2685.0
1461.9
164.6
2831.0

3018.7
517.5
2501.2
2810.9
207.8
2898.6
124.7
51.5
73.2
33.0
7.5
0.0

2457.8
514.0
1943.8
2154.6
303.2
2235.5
224.7
83.0
141.7
26.3
7.5
0.0

3236.5
560.1
2676.4
2843.2
393.3
2939.7
321.9
189.3
132.6
43.8
7.5
0.0

3396.5
1523.0
1873.5
3040.3
356.2
3123.0
293.9
180.9
113.0
25.6
0.0
0.0

3725.5
1722.9
2002.6
3353.5
372.0
3449.2
296.1
188.5
107.6
27.8
1.0
37.0

4271.9
1587.3
2684.6
3826.7
445.2
3926.9
358.7
264.7
94.0
29.6
7.5
0.0

398.9
32.7
366.2

-23.1
107.9
-131.0

355.5
81.3
274.2

-155.8
87.4
-243.2

-42.7
78.8
-121.5

-111.4
56.9
-168.3

144.8
511.0

207.6
76.6

261.7
535.9

266.4
23.2

263.1
141.6

221.5
53.2

59.3
86.4
46.4
277.4
3.2
8.2
28.3
602.9
96.0
41.3
1.7
4.0
45.1
5.2
12.1

50.7
81.1
29.8
292.2
5.0
271.0
719.0
91.0
36.9
3.4
4.5
18.6
6.9
19.7

53.3
117.3
46.2
211.6
5.0
22.9
48.8
848.1
90.8
58.8
5.8
12.0
33.0
4.9
15.6

38.1
95.0
42.6
188.9
3.8
-56.1
1148.3
1027.9
91.9
61.6
5.3
12.7
22.7
8.6
11.0

34.6
100.9
39.3
187.7
3.5
-184.5
185.8
1057.2
92.6
63.7
5.1
12.9
25.8
7.1
10.2

25.3
103.3
41.2
151.7
3.3
-51.1
416.4
1124.8
91.9
73.8
6.2
19.1
31.5
5.5
8.4

536.0
1.2
2.4
7.3
4.0
10.3
132.7
-40.7
61.9
60.3

1538.7
1.0
5.8
14.2
11.5
6.3
87.2
94.5
-18.6
71.9

1184.0
0.9
4.1
13.3
8.9
10.5
122.5
-6.3
31.7
84.8

0.0
0.0
3.3
11.3
8.7
10.7
114.4
-15.0
4.9
102.8

7980.0
0.1
2.9
10.8
8.0
10.7
122.5
-4.4
9.7
105.7

858.7
0.7
2.2
9.4
6.4
10.3
150.9
-13.0
14.7
112.5

Fateh Sports Wear Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

53

2004

2005

2006

2007

2008

2009

20.0
-22.5
-2.5
0.0
0.0
0.0
0.0
-2.5

20.0
-44.2
-24.2
0.0
0.0
0.0
0.0
-24.2

20.0
-61.0
-41.0
0.0
0.0
0.0
0.0
-41.0

20.0
-85.0
-65.0
0.0
0.0
0.0
0.0
-65.0

20.0
-82.5
-62.5
0.0
0.0
0.0
0.0
-62.5

20.0
-59.0
-39.0
0.0
0.0
0.0
0.0
-39.0

0.0
0.0
0.0
228.3
21.4
249.7
287.7
287.7
-38.0
113.5
-287.7

0.0
0.0
0.0
215.7
30.2
245.9
298.8
298.8
-52.9
111.7
-298.8

0.0
0.0
0.0
226.6
18.0
244.6
312.2
312.2
-67.6
111.7
-312.2

0.0
0.0
0.0
224.7
14.8
239.5
329.0
329.0
-89.5
100.3
-329.0

0.0
0.0
0.0
250.4
6.0
256.4
341.7
341.7
-85.3
89.3
-341.7

0.0
0.0
0.0
294.1
6.0
300.1
360.4
360.4
-60.3
89.3
-360.4

94.1
35.3
3.2
285.0

94.1
28.6
2.8
274.5

94.1
26.5
2.1
271.1

94.1
24.6
1.9
264.1

34.1
22.9
1.7
279.3

94.1
21.3
1.5
321.4

0.0
0.0
0.0
0.0
0.0
3.4
1.8
13.1
-11.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
12.8
-8.4
13.2
-21.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.3
-3.6
13.2
-16.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
8.3
-7.4
16.5
-23.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
12.9
14.8
12.3
2.5
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.0
41.8
18.4
23.4
0.0
0.0
0.0

-11.4
-11.3
-0.1

-21.7
-21.6
-0.1

-16.8
-16.8
0.0

-24.0
-23.9
-0.1

2.5
2.5
0.0

23.5
23.4
0.1

-8.1
-8.2

-18.8
-18.9

-14.7
-14.7

-22.0
-22.1

4.2
4.2

24.9
25.0

86.8
79.4
-4.0
-12.5
727.8
11.5
-

82.3
72.2
-7.9
-121.0
11.8
-

0.0
78.3
72.6
0.0
-6.2
100.0
100.0
-205.0
0.0
-366.7
0.0
11.8
0.0
0.0
0.0

0.0
72.8
68.3
0.0
-9.0
99.6
99.5
-325.0
0.0
-223.0
0.0
16.5
0.0
0.0
0.0

0.0
75.0
73.3
0.0
0.9
100.0
100.0
-312.5
0.0
83.1
0.0
13.8
0.0
0.0
0.0

0.0
83.3
81.6
0.0
7.3
99.6
99.6
-195.0
0.0
44.0
0.0
20.6
0.0
0.0
0.0

-5.7
-5.7
8.3
0.0
470.0
-100.0
-1.3

-10.8
-10.8
7.9
0.0
89.5
-12.1

0.0
0.0
0.0
-8.4
-8.4
7.3
0.0
-22.2
-20.5

0.0
0.0
0.0
-12.0
-12.0
7.2
0.0
42.9
-32.5

0.0
0.0
0.0
1.3
1.3
6.9
0.0
-110.8
-31.3

0.0
0.0
0.0
11.7
11.7
6.6
0.0
800.0
-19.5

Fateh Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

54

2004

2005

2006

2007

2008

2009

12.5
1613.9
1626.4
0.0
0.0
2055.8
2055.8
3682.2

12.5
1737.7
1750.2
0.0
0.0
1905.1
1905.1
3655.3

12.5
2800.0
2812.5
0.0
0.0
1865.3
1865.3
4677.8

12.5
2769.1
2781.6
0.0
0.0
1644.9
1644.9
4426.5

12.5
2699.2
2711.7
0.0
0.0
1501.5
1501.5
4213.2

12.5
2670.4
2682.9
0.0
0.0
1263.8
1263.8
3946.7

582.8
59.1
523.7
2750.2
2267.8
5600.8
3201.1
5256.9
2399.7
3582.2
-2618.3

548.5
24.8
523.7
2511.6
2492.3
5552.4
3179.4
5084.5
2373.0
3572.8
-2630.9

567.1
40.6
526.5
2582.6
2114.2
5263.9
3052.9
4918.2
2211.0
3505.4
-2485.8

585.0
56.9
528.1
2768.1
2267.6
5620.7
3494.4
5139.3
2126.3
3530.4
-2909.4

538.6
12.6
526.0
4089.3
2125.6
6753.5
4680.5
6182.0
2073.0
4210.1
-4141.9

535.4
11.0
524.4
5214.4
1761.6
7511.4
5672.9
6936.7
1838.5
5084.8
-5137.5

2903.1
1282.5
94.1
6883.3

3004.5
1282.4
74.6
6834.8

4376.1
2466.7
105.2
7730.6

4384.7
2300.1
105.7
7920.8

4386.0
2140.1
94.9
8893.6

4499.1
2108.2
85.1
9619.6

7631.2
7631.2
0.0
6720.7
910.5
6988.3
651.0
418.6
232.4
38.0
9.4
0.0

5919.7
5919.7
0.0
5285.0
634.7
5514.8
430.4
290.3
140.1
32.0
9.4
0.0

6730.7
6730.7
0.0
6063.8
666.9
6513.9
450.5
311.8
138.7
38.0
9.4
0.0

6343.5
6343.5
0.0
5799.3
544.2
6004.3
461.3
359.6
101.7
51.0
0.0
0.0

4794.2
850.4
3943.8
4350.4
443.8
4479.8
427.7
390.1
37.6
29.5
9.4
0.0

3051.0
3051.0
0.0
2971.8
79.2
3087.3
467.9
428.8
39.1
5.0
1.3
0.0

219.0
185.0
34.0

-26.9
98.7
-125.6

1022.5
91.3
931.2

-251.3
50.7
-302.0

-213.3
-1.3
-212.0

-266.5
32.8
-299.3

279.1
313.1

173.3
47.7

196.5
1127.7

156.4
-145.6

93.6
-118.4

117.9
-181.4

55.8
175.0
104.1
323.2
3.4
84.5
89.1
13011.2
91.6
64.3
5.5
11.7
16.4
23.8
14.3

52.1
174.6
96.2
290.5
2.0
363.3
14001.6
93.2
67.4
4.9
8.1
22.8
32.3
8.0

39.9
172.4
103.2
174.9
1.8
8.9
17.4
22500.0
96.8
69.2
4.6
8.9
27.4
31.7
4.9

37.2
160.8
96.0
184.8
1.3
-20.2
-107.4
22252.8
94.7
78.0
5.7
10.2
50.1
36.8
3.7

35.6
144.3
98.9
228.0
0.4
0.6
-79.1
21693.6
93.4
91.2
8.1
9.3
78.5
80.3
1.4

32.0
132.4
101.4
258.6
0.4
-12.3
-65.0
21463.2
101.2
91.6
14.1
8.4
12.8
162.2
1.5

2068.1
0.6
3.0
185.9
155.5
6.9
110.9
19.0
6.3
1301.1

1150.0
0.5
2.4
112.1
86.5
5.8
86.6
-39.7
-22.4
1400.2

1071.3
0.3
2.1
111.0
80.6
7.6
87.1
-1.0
13.7
2250.0

0.0
0.0
1.6
81.4
40.6
4.3
80.1
-26.7
-5.8
2225.3

86.2
0.3
0.8
30.1
6.5
4.1
53.9
-63.0
-24.4
2169.4

2623.1
0.0
1.3
31.3
27.3
4.0
31.7
4.0
-36.4
2146.3

Fatima Enterprises Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

55

2004

2005

2006

2007

2008

2009

142.3
285.4
427.7
0.0
0.0
475.8
475.8
903.5

142.3
741.0
883.3
0.0
0.0
417.8
417.8
1301.1

142.3
611.2
753.5
0.0
0.0
1010.1
1010.1
1763.6

142.3
618.3
760.6
0.0
0.0
1266.6
1266.6
2027.2

142.3
856.9
999.2
0.0
0.0
1331.0
1331.0
2330.2

142.3
1686.7
1829.0
0.0
0.0
1393.7
1393.7
3222.7

28.2
24.7
3.5
729.6
841.6
1599.4
1806.9
2282.7
-207.5
477.0
-1778.7

131.5
72.9
58.6
615.1
1387.1
2133.7
2359.8
2777.6
-226.1
2241.5
-2228.3

190.1
131.5
58.6
1538.1
1421.7
3149.9
3394.8
4404.9
-244.9
3579.0
-3204.7

155.3
97.1
58.2
1358.3
2104.9
3618.5
4449.4
5716.0
-830.9
4475.7
-4294.1

155.6
154.8
0.8
1514.5
3562.3
5232.4
6173.2
7504.2
-940.8
6005.5
-6017.6

231.5
173.0
58.5
1245.3
3293.7
4770.5
5878.0
7271.7
-1107.5
1529.8
-5646.5

1832.6
1110.9
117.3
2710.3

2341.5
1527.1
90.3
3660.8

2940.6
2008.5
119.3
5158.4

3934.2
2858.2
151.8
6476.7

4601.2
3271.0
252.8
8503.4

5822.9
4330.2
157.2
9100.7

5372.4
4118.6
1253.8
5065.9
306.5
5144.0
244.7
102.6
142.1
47.0
0.0
0.0

3833.0
2598.9
1234.1
3568.5
264.5
3623.5
212.3
118.0
94.3
43.6
0.0
0.0

5347.7
3765.7
1582.0
5090.6
257.1
5156.7
220.2
255.4
-35.2
37.7
0.0
0.0

6782.4
5407.6
1374.8
6306.6
475.8
6386.4
401.1
374.1
27.0
20.0
0.0
0.0

9736.4
8167.3
1569.1
8999.8
736.6
9109.6
696.3
580.6
115.7
49.1
7.1
0.0

7654.5
5868.8
1785.7
6735.4
919.1
6853.1
1298.8
797.1
501.7
46.5
0.0
0.0

107.7
95.1
12.6

397.6
50.7
346.9

462.5
-72.9
535.4

263.6
7.0
256.6

303.0
59.5
243.5

892.5
455.2
437.3

212.4
225.0

141.0
487.9

46.4
581.8

158.8
415.4

312.3
555.8

612.4
1049.7

52.7
88.5
41.9
533.7
5.2
88.3
94.4
300.6
95.7
41.9
1.9
21.5
33.1
4.3
33.2

32.1
90.4
31.6
314.5
2.6
12.8
28.9
620.7
94.5
55.6
3.1
5.3
46.2
7.4
10.7

57.3
92.8
50.9
584.6
-0.7
-15.8
8.0
529.5
96.4
116.0
4.8
7.1
-107.1
7.0
-4.7

62.5
81.3
34.0
751.5
0.4
2.7
38.2
534.5
94.2
93.3
5.5
8.4
74.1
9.8
3.5

57.1
84.8
27.1
751.0
1.4
19.6
56.2
702.2
93.6
83.4
6.0
9.7
42.4
6.9
11.6

43.2
81.2
25.1
397.6
5.5
51.0
58.3
1285.3
89.5
61.4
10.4
52.1
9.3
4.3
27.4

0.0
2.6
10.0
6.7
11.0
198.2
81.8
8.0
30.1

0.0
2.5
6.6
3.6
8.1
104.7
-34.0
-28.7
62.1

0.0
0.0
-0.7
-2.5
-5.1
7.8
103.7
-137.9
39.5
53.0

0.0
0.0
0.4
1.9
0.5
7.6
104.7
-176.0
26.8
53.5

938.0
0.7
1.2
8.1
4.7
8.8
114.5
326.3
43.6
70.2

0.0
0.0
6.6
35.3
32.0
4.8
84.1
335.8
-21.4
128.5

Fawad Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

56

2004

2005

2006

2007

2008

2009

92.1
59.5
151.6
0.0
0.0
90.6
90.6
242.2

92.1
77.4
169.5
0.0
0.0
71.5
71.5
241.0

92.1
408.0
500.1
0.0
0.0
57.4
57.4
557.5

92.1
266.3
358.4
0.0
0.0
3.0
3.0
361.4

92.1
412.1
504.2
0.0
0.0
173.6
173.6
677.8

92.1
412.1
504.2
0.0
0.0
173.6
173.6
677.8

1.4
1.4
0.0
88.4
67.8
157.6
141.8
232.4
15.8
149.0
-140.4

3.1
3.1
0.0
77.9
63.9
144.9
160.4
231.9
-15.5
145.1
-157.3

0.7
0.7
0.0
132.9
174.5
308.1
356.2
413.6
-48.1
358.5
-355.5

3.0
3.0
0.0
222.9
143.0
368.9
577.8
580.8
-208.9
283.7
-574.8

0.8
0.8
0.0
199.0
566.6
766.4
682.7
856.3
83.7
746.9
-681.9

0.8
0.8
0.0
199.0
566.6
766.4
682.7
856.3
83.7
746.9
-681.9

486.2
226.4
22.5
384.0

531.1
256.6
15.2
401.5

895.8
605.6
26.8
913.7

914.4
570.5
46.3
939.4

987.9
594.2
50.3
1360.6

987.9
594.2
50.3
1360.6

621.9
456.9
165.0
593.9
28.0
606.2
16.2
12.9
3.3
2.8
0.0
0.0

438.2
252.9
185.3
407.4
30.8
423.7
14.9
11.5
3.4
2.1
0.0
0.0

571.0
571.0
0.0
523.1
47.9
540.3
34.4
25.0
9.4
4.6
0.0
0.0

597.3
416.0
181.3
535.0
62.3
556.6
44.7
38.4
6.3
4.8
0.0
0.0

579.3
579.3
0.0
505.0
74.3
521.8
64.6
59.2
5.4
2.9
0.0
0.0

579.3
579.3
0.0
505.0
74.3
521.8
64.6
59.2
5.4
2.9
0.0
0.0

-21.7
0.5
-22.2

-1.2
1.3
-2.5

316.5
4.8
311.7

-196.1
1.5
-197.6

316.4
2.5
313.9

0.0
2.5
-2.5

23.0
0.8

16.5
14.0

31.6
343.3

47.8
-149.8

52.8
366.7

52.8
50.3

37.4
111.1
63.3
153.3
0.9
2875.0
164.6
97.5
79.6
2.1
8.7
84.8
0.0
2.2

29.7
90.3
50.5
136.8
0.8
117.9
184.0
96.7
77.2
2.6
7.9
61.8
8.9
2.0

10.3
86.5
37.5
82.7
1.0
1.5
9.2
543.0
94.6
72.7
4.4
7.0
48.9
14.9
1.9

0.8
63.8
39.1
162.1
0.7
-0.8
-31.9
389.1
93.2
85.9
6.4
13.5
76.2
19.0
1.8

25.6
112.3
29.3
169.8
0.4
0.8
14.4
547.4
90.1
91.6
10.2
7.9
53.7
15.9
1.1

25.6
112.3
29.3
169.8
0.4
0.0
105.0
547.4
90.1
91.6
10.2
7.9
53.7
15.9
1.1

0.0
0.5
0.4
0.1
9.7
162.0
-60.0
11.7
16.5

0.0
0.8
0.4
0.1
6.7
109.1
0.0
-29.5
18.4

0.0
0.0
1.6
1.0
0.5
10.4
62.5
150.0
30.3
54.3

0.0
0.0
1.1
0.7
0.2
7.6
63.6
-30.0
4.6
38.9

0.0
0.0
0.9
0.6
0.3
8.8
42.6
-14.3
-3.0
54.7

0.0
0.0
0.9
0.6
0.3
8.8
42.6
0.0
0.0
54.7

Fazal Cloth Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

57

2004

2005

2006

2007

2008

2009

123.6
642.7
766.3
0.0
37.5
1004.5
1042.0
1808.3

148.3
804.5
952.8
0.0
0.0
1213.7
1213.7
2166.5

163.1
935.1
1098.2
250.0
0.0
1398.4
1648.4
2746.6

187.6
842.9
1030.5
250.0
0.0
230.9
480.9
1511.4

187.6
3443.5
3631.1
250.0
0.0
2511.6
2761.6
6392.7

187.6
3540.9
3728.5
250.0
0.0
1688.5
1938.5
5667.0

9.6
9.6
0.0
458.5
1044.0
1512.1
1658.8
2700.8
-146.7
2095.2
-1649.2

175.8
175.8
0.0
815.1
1187.3
2178.2
2174.9
3388.6
3.3
2981.7
-1999.1

580.3
327.3
253.0
591.4
1402.4
2574.1
2397.3
4045.7
176.8
3103.1
-1817.0

546.7
293.7
253.0
899.8
1345.3
2791.8
6833.9
7314.8
-4042.1
1694.2
-6287.2

837.4
369.5
467.9
1100.9
2012.3
3950.6
3318.0
6079.6
632.6
4895.3
-2480.6

545.3
77.4
467.9
1297.9
2222.1
4065.3
4125.1
6063.6
-59.8
4355.1
-3579.8

2887.6
1954.9
200.1
3467.0

3250.2
2163.3
163.6
4341.5

3626.8
2569.8
250.0
5143.9

6932.3
5553.5
248.3
8345.3

7396.0
5760.0
121.1
9710.6

7807.1
5726.9
261.4
9792.2

4170.1
2239.0
1931.1
3732.3
437.8
3892.5
278.5
97.6
180.9
24.8
0.0
24.7

3654.0
1675.7
1978.3
3077.3
576.7
3281.2
373.3
150.9
222.4
24.7
0.0
24.7

5238.2
2459.4
2778.8
4512.0
726.2
4741.4
498.1
317.0
181.1
41.7
0.0
14.8

6074.0
2956.9
3117.1
5256.7
817.3
5519.1
582.0
399.0
183.0
46.8
0.0
0.0

7113.9
4003.8
3110.1
6170.2
943.7
6439.0
915.9
575.6
340.3
35.4
0.0
0.0

8651.3
4953.4
3697.9
7455.2
1196.1
7728.3
932.3
752.7
179.6
37.7
0.0
0.0

679.0
156.1
522.9

358.2
197.7
160.5

580.1
139.4
440.7

-1235.2
136.2
-1371.4

4881.3
304.9
4576.4

-725.7
141.9
-867.6

356.2
879.1

361.3
521.8

389.4
830.1

384.5
-986.9

426.0
5002.4

403.3
-464.3

57.6
91.2
28.2
352.4
5.2
23.0
40.5
620.0
93.3
35.0
2.3
4.7
13.7
5.7
23.6

56.0
100.2
45.6
355.6
5.1
55.2
69.2
642.5
89.8
40.4
4.1
5.1
11.1
5.9
23.3

60.0
107.4
48.9
368.4
3.5
24.0
46.9
673.3
90.5
63.6
6.1
10.2
23.0
7.5
16.5

31.8
40.9
21.2
709.8
2.2
-11.0
-39.0
549.3
90.9
68.6
6.6
23.6
25.6
9.5
17.8

43.2
119.1
58.4
167.4
3.5
6.2
8.5
1935.6
90.5
62.8
8.1
11.8
10.4
9.8
9.4

34.2
98.6
44.7
162.6
1.8
-19.6
-86.9
1987.5
89.3
80.7
8.7
17.3
21.0
8.5
4.8

0.0
4.3
14.6
12.6
16.4
120.3
16.8
31.3
62.0

0.0
6.1
15.0
13.3
8.4
84.2
2.7
-12.4
64.2

0.0
0.0
3.5
11.1
8.5
11.6
101.8
-26.0
43.4
67.3

0.0
0.0
3.0
9.8
7.3
9.7
72.8
-11.7
16.0
54.9

0.0
0.0
4.8
18.1
16.3
2.2
73.3
84.7
17.1
193.6

0.0
0.0
2.1
9.6
7.6
4.5
88.3
-47.0
21.6
198.7

Fazal Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

58

2004

2005

2006

2007

2008

2009

61.9
621.5
683.4
0.0
0.0
0.0
0.0
683.4

61.9
741.3
803.2
0.0
0.0
0.0
0.0
803.2

61.9
684.0
745.9
0.0
0.0
0.0
0.0
745.9

61.9
648.0
709.9
0.0
0.0
0.0
0.0
709.9

61.9
658.1
720.0
0.0
0.0
1079.5
1079.5
1799.5

61.9
674.1
736.0
0.0
0.0
1000.0
1000.0
1736.0

9.3
9.3
0.0
510.8
264.0
784.1
703.7
703.7
80.4
340.4
-694.4

3.5
3.5
0.0
297.9
728.0
1029.4
896.2
896.2
133.2
774.4
-892.7

2.0
2.0
0.0
730.2
484.3
1216.5
1123.0
1123.0
93.5
918.1
-1121.0

1.5
1.5
0.0
751.1
330.0
1082.6
1114.4
1114.4
-31.8
747.3
-1112.9

14.6
14.6
0.0
1049.0
601.3
1664.9
1529.3
2608.8
135.6
2403.8
-1514.7

3.6
3.6
0.0
374.3
501.1
879.0
1148.8
2148.8
-269.8
1356.8
-1145.2

1284.9
602.9
60.9
1387.0

1399.4
669.9
49.7
1699.3

1407.9
652.3
66.4
1868.8

1551.0
741.8
76.5
1824.4

1597.1
1663.9
69.7
3328.8

2951.3
2005.7
69.0
2884.7

2501.2
936.0
1565.2
2409.4
91.8
2461.1
42.3
20.6
21.7
17.9
9.3
0.0

1803.3
802.0
1001.3
1641.0
162.3
1685.7
119.6
41.4
78.2
20.2
9.3
0.0

2129.9
801.8
1328.1
1954.3
175.6
2008.0
125.5
74.1
51.4
24.5
15.5
0.0

2381.2
575.4
1805.8
2260.0
121.2
2310.2
77.5
76.2
1.3
28.9
0.0
0.0

2582.3
672.1
1910.2
2442.5
139.8
2489.8
96.3
69.1
27.2
20.8
0.0
0.0

2819.0
1076.1
1742.9
2598.7
220.3
2654.2
169.0
120.8
48.2
29.3
9.3
0.0

-46.9
-5.5
-41.4

119.8
48.7
71.1

-57.3
11.4
-68.7

-36.0
-27.6
-8.4

1089.6
6.4
1083.2

-63.5
9.6
-73.1

55.4
14.0

98.4
169.5

77.8
9.1

48.9
40.5

76.1
1159.3

78.6
5.5

0.0
111.4
73.9
103.0
1.6
395.7
1104.0
98.4
48.7
0.8
6.1
82.5
16.5
3.2

0.0
114.9
33.6
111.6
4.6
40.7
58.1
1297.6
93.5
34.6
2.3
5.3
25.8
13.1
9.7

0.0
108.3
65.2
150.6
2.8
-19.9
854.9
1205.0
94.3
59.0
3.5
8.1
47.7
30.5
6.9

0.0
97.1
67.5
157.0
0.1
76.7
120.7
1146.8
97.0
98.3
3.2
10.2
2223.1
27.2
0.2

60.0
108.9
69.5
362.3
0.8
0.6
6.6
1163.2
96.4
71.8
2.7
2.9
76.5
32.6
3.8

57.6
76.5
32.9
292.0
1.7
-15.1
1429.1
1189.0
94.2
71.5
4.3
8.9
60.8
7.2
6.5

40.9
1.4
0.9
3.5
0.6
10.5
180.3
-79.2
9.8
110.4

623.7
1.2
4.3
12.6
9.4
8.2
106.1
260.0
-27.9
129.8

173.5
2.1
2.4
8.3
4.3
9.9
114.0
-34.1
18.1
120.5

0.0
0.0
0.1
0.2
-4.5
11.7
130.5
-97.6
11.8
114.7

0.0
0.0
1.1
4.4
1.0
9.4
77.6
2100.0
8.4
116.3

203.2
1.3
1.7
7.8
3.1
4.2
97.7
77.3
9.2
118.9

Gadoon Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

59

2004

2005

2006

2007

2008

2009

234.4
1993.2
2227.6
0.0
0.0
680.0
680.0
2907.6

234.4
2087.6
2322.0
0.0
0.0
750.0
750.0
3072.0

234.4
2127.4
2361.8
0.0
0.0
375.0
375.0
2736.8

234.4
2301.8
2536.2
0.0
0.0
50.6
50.6
2586.8

234.4
2079.9
2314.3
0.0
0.0
310.3
310.3
2624.6

234.4
1739.6
1974.0
0.0
0.0
898.0
898.0
2872.0

206.0
206.0
0.0
700.5
738.6
1645.1
1687.8
2367.8
-42.7
1452.2
-1481.8

276.1
276.1
0.0
474.6
1957.2
2707.9
2694.0
3444.0
13.9
2811.8
-2417.9

75.6
75.6
0.0
1170.2
1878.1
3123.9
3407.9
3782.9
-284.0
2797.8
-3332.3

110.7
95.5
15.2
1548.5
1246.9
2906.1
3267.0
3317.6
-360.9
1934.5
-3156.3

254.9
171.6
83.3
1696.7
2527.6
4479.2
4918.4
5228.7
-439.2
3989.5
-4663.5

185.6
118.9
66.7
1146.3
1951.2
3283.1
3171.8
4069.8
111.3
2716.7
-2986.2

4580.9
2950.3
304.0
4595.4

4886.4
3058.0
243.3
5765.9

5140.2
3020.8
319.0
6144.7

5338.1
2947.5
307.2
5853.6

5713.2
3063.7
307.2
7542.9

5683.9
2760.7
303.7
6043.8

7528.0
3899.0
3629.0
5513.5
2014.5
5721.2
1815.9
58.9
1757.0
50.1
58.6
0.0

4455.1
1718.4
2736.7
3913.3
541.8
4096.5
363.8
84.4
279.4
38.8
58.6
0.0

5718.6
3099.4
2619.2
4918.7
799.9
5157.5
567.9
204.8
363.1
77.6
58.6
0.0

5205.8
1611.7
3594.1
4456.0
749.8
4747.7
470.1
149.8
320.3
82.0
0.0
0.0

6857.9
1717.1
5140.8
6112.3
745.6
6662.4
198.9
331.4
-132.5
0.0
58.6
0.0

7140.8
2968.6
4172.2
6383.9
756.9
6822.4
323.0
620.0
-297.0
39.3
0.0
0.0

-18.5
1648.3
-1666.8

164.4
182.0
-17.6

-335.2
226.9
-562.1

-150.0
238.3
-388.3

37.8
-191.1
228.9

247.4
-336.3
583.7

1952.3
285.5

425.3
407.7

545.9
-16.2

545.5
157.2

116.1
345.0

-32.6
551.1

23.4
97.5
53.7
106.3
38.2
683.8
950.3
76.0
3.2
0.8
4.1
2.9
4.2
78.9

24.4
100.5
27.9
148.3
4.8
110.7
104.3
990.6
92.0
23.2
1.9
3.0
13.9
3.5
12.0

13.7
91.7
36.6
160.2
5.9
-67.7
-3369.8
1007.6
90.2
36.1
3.6
7.3
21.4
10.9
15.4

2.0
89.0
50.8
130.8
5.5
-158.9
347.0
1082.0
91.2
31.9
2.9
7.7
25.6
17.8
12.6

11.8
91.1
39.7
225.9
-1.8
-505.6
33.7
987.3
97.1
166.6
4.8
8.3
0.0
14.9
-5.7

31.3
103.5
42.0
206.2
-4.9
-135.9
-5.9
842.2
95.5
192.0
8.7
22.8
-13.2
9.4
-15.0

2912.8
2.6
23.3
75.0
72.8
10.4
163.8
886.8
65.0
95.0

410.6
2.5
6.3
11.9
10.3
8.2
77.3
-84.1
-40.8
99.1

487.2
2.5
6.3
15.5
12.2
10.4
93.1
30.3
28.4
100.8

0.0
0.0
6.2
13.7
10.2
10.2
88.9
-11.6
-9.0
108.2

-226.1
2.5
-1.9
-5.7
-5.7
10.4
90.9
-141.6
31.7
98.7

0.0
0.0
-4.2
-12.7
-14.3
9.9
118.2
122.8
4.1
84.2

Ghazi Fabrics International Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

60

2004

2005

2006

2007

2008

2009

326.4
403.1
729.5
0.0
0.0
356.5
356.5
1086.0

326.4
334.8
661.2
0.0
0.0
533.1
533.1
1194.3

326.4
270.1
596.5
0.0
0.0
758.8
758.8
1355.3

326.4
-24.1
302.3
0.0
0.0
451.3
451.3
753.6

326.4
-208.4
118.0
0.0
0.0
313.5
313.5
431.5

326.4
-362.4
-36.0
0.0
0.0
368.1
368.1
332.1

6.0
6.0
0.0
211.1
299.4
516.5
976.9
1333.4
-460.4
649.3
-970.9

14.9
14.9
0.0
175.7
205.1
395.7
872.6
1405.7
-476.9
783.9
-857.7

4.6
4.6
0.0
128.2
371.2
504.0
985.1
1743.9
-481.1
1161.4
-980.5

3.9
3.9
0.0
218.4
359.7
582.0
1549.4
2000.7
-967.4
747.9
-1545.5

0.3
0.3
0.0
210.7
582.3
793.3
2012.3
2325.8
-1219.0
1071.3
-2012.0

3.5
3.5
0.0
276.3
733.5
1013.3
2211.4
2579.5
-1198.1
1363.7
-2207.9

2305.5
1546.2
125.6
2062.7

2469.3
1671.2
118.6
2066.9

2729.7
1836.3
152.9
2340.3

2771.6
1721.0
167.1
2303.0

2815.3
1650.4
156.7
2443.7

2903.8
1530.2
149.0
2543.5

2079.5
1247.0
832.5
2022.8
56.7
2087.2
-60.4
24.1
-84.5
10.4
0.0
0.0

1689.2
775.1
914.1
1635.6
53.6
1762.8
-69.6
44.7
-114.3
9.9
0.0
0.0

2397.8
1273.2
1124.6
2211.4
186.4
2320.1
129.1
100.2
28.9
15.1
3.2
0.0

2715.2
1484.2
1231.0
2666.2
49.0
2782.7
-63.6
114.8
-178.4
14.8
0.0
0.0

2923.6
1778.8
1144.8
2857.8
65.8
2984.0
-55.2
106.5
-161.7
14.6
0.0
0.0

3062.0
1896.4
1165.6
2888.2
173.8
3032.5
31.1
161.6
-130.5
15.4
0.0
0.0

89.2
-94.9
184.1

108.3
-124.2
232.5

161.0
10.6
150.4

-601.7
-193.2
-408.5

-322.1
-176.3
-145.8

-99.4
-145.9
46.5

30.7
214.8

-5.6
226.9

163.5
313.9

-26.1
-434.6

-19.6
-165.4

3.1
49.6

32.8
52.9
22.2
182.8
-4.1
-106.4
14.3
223.5
100.4
1.2
3.7
3.7
-11.6

44.6
45.3
21.8
212.6
-5.5
-114.7
-2.5
202.6
104.4
2.6
5.7
4.7
-17.3

56.0
51.2
13.5
292.4
1.2
6.6
52.1
182.8
96.8
77.6
4.2
8.6
52.2
3.4
4.8

59.9
37.6
14.3
661.8
-7.7
32.1
6.0
92.6
102.5
-180.5
4.2
15.3
-8.3
5.4
-59.0

72.7
39.4
10.5
1971.0
-6.6
54.7
11.9
36.2
102.1
-192.9
3.6
9.9
-9.0
4.1
-137.0

110.8
45.8
12.7
0.0
-5.1
146.8
6.3
-11.0
99.0
519.6
5.3
11.9
-11.8
5.7
0.0

0.0
-4.1
-2.6
-2.9
9.0
100.8
100.0
42.8
22.3

0.0
-6.8
-3.5
-3.8
7.7
81.7
34.6
-18.8
20.3

431.3
0.5
1.2
0.9
0.4
9.1
102.5
-125.7
41.9
18.3

0.0
0.0
-6.6
-5.5
-5.9
9.1
117.9
-711.1
13.2
9.3

0.0
0.0
-5.5
-5.0
-5.4
9.1
119.6
-9.1
7.7
3.6

0.0
0.0
-4.3
-4.0
-4.5
9.4
120.4
-20.0
4.7
-1.1

Glamour Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

61

2004

2005

2006

2007

2008

2009

116.4
29.0
145.4
0.0
0.0
249.0
249.0
394.4

116.4
140.3
256.7
0.0
0.0
50.0
50.0
306.7

116.4
110.3
226.7
0.0
0.0
66.7
66.7
293.4

116.4
59.4
175.8
0.0
0.0
35.1
35.1
210.9

116.4
93.6
210.0
0.0
0.0
282.8
282.8
492.8

116.4
70.2
186.6
0.0
0.0
0.0
0.0
186.6

2.8
2.8
0.0
49.5
52.0
104.3
199.7
448.7
-95.4
414.1
-196.9

9.8
9.8
0.0
55.2
172.5
237.5
413.1
463.1
-175.6
267.2
-403.3

3.9
3.9
0.0
89.1
97.2
190.2
416.5
483.2
-226.3
182.6
-412.6

2.7
2.7
0.0
118.7
96.4
217.8
537.8
572.9
-320.0
241.5
-535.1

2.1
2.1
0.0
138.0
176.0
316.1
391.3
674.1
-75.2
642.0
-389.2

1.7
1.7
0.0
137.8
111.4
250.9
604.7
604.7
-353.8
246.2
-603.0

997.4
489.8
40.1
594.1

992.0
482.5
28.4
720.0

1060.4
519.7
35.5
709.9

1104.6
531.0
38.8
748.8

176.4
568.0
39.5
884.1

1186.2
540.8
37.6
791.7

659.3
602.7
56.6
729.0
-69.7
738.6
-75.6
18.9
-94.5
2.6
0.0
0.0

450.2
318.5
131.7
422.6
27.6
437.8
12.6
12.8
-0.2
2.1
0.0
0.0

713.6
401.2
312.4
681.4
32.2
709.9
4.6
29.3
-24.7
4.7
0.0
0.0

766.6
382.0
384.6
750.0
16.6
783.1
-15.8
29.3
-45.1
5.8
0.0
0.0

731.1
663.5
67.6
689.7
41.4
709.2
23.2
42.9
-19.7
3.7
0.0
0.0

868.2
812.3
55.9
815.9
52.3
833.7
35.1
58.1
-23.0
0.4
0.0
0.0

194.1
-97.1
291.2

-87.7
-2.3
-85.4

-13.3
-29.4
16.1

-82.5
-50.9
-31.6

281.9
-23.4
305.3

-306.2
-23.4
-282.8

-57.0
234.2

26.1
-59.3

6.1
22.2

-12.1
-43.7

16.1
321.4

14.2
-268.6

63.1
52.2
26.2
308.6
-15.9
-50.0
-24.3
124.9
112.0
2.9
4.6
3.6
-65.0

16.3
57.5
15.7
180.4
0.0
220.5
97.2
101.6
2.8
4.8
9.4
-0.1

22.7
45.7
22.3
213.1
-3.5
221.1
27.5
194.8
99.5
637.0
4.1
16.0
-19.0
8.4
-10.9

16.6
40.5
22.6
325.9
-6.0
61.7
27.7
151.0
102.2
-185.4
3.8
12.1
-12.9
10.5
-25.7

57.4
80.8
35.8
321.0
-2.2
-8.3
5.0
180.4
97.0
184.9
5.9
6.7
-18.8
13.7
-9.4

0.0
41.5
23.1
324.1
-2.9
7.6
-5.3
160.3
96.0
165.5
6.7
23.6
-1.7
11.6
-12.3

0.0
-14.3
-8.1
-8.3
8.3
111.0
84.1
33.5
12.5

0.0
0.0
0.0
-0.2
5.8
62.5
-100.0
-31.7
22.1

0.0
0.0
-3.5
-2.1
-2.5
7.4
100.5
0.0
58.5
19.5

0.0
0.0
-5.9
-3.9
-4.4
7.5
102.4
85.7
7.4
15.1

0.0
0.0
-2.7
-1.7
-2.0
7.4
82.7
-56.4
-4.6
18.0

0.0
0.0
-2.6
-2.0
-2.0
6.6
109.7
17.6
18.8
16.0

Globe Textile Mills (OE) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

62

2004

2005

2006

2007

2008

2009

44.4
32.8
77.2
0.0
0.0
98.7
98.7
175.9

44.4
51.6
96.0
0.0
0.0
147.0
147.0
243.0

46.6
23.6
70.2
0.0
0.0
104.7
104.7
174.9

46.6
23.6
70.2
0.0
0.0
104.7
104.7
174.9

46.6
23.6
70.2
0.0
0.0
104.7
104.7
174.9

46.6
-35.7
10.9
0.0
0.0
105.0
105.0
115.9

1.4
1.4
0.0
109.3
132.7
243.4
243.7
342.4
-0.3
258.5
-242.3

1.3
1.3
0.0
92.6
138.7
232.6
229.9
376.9
2.7
313.1
-228.6

1.3
1.3
0.0
120.4
186.5
308.2
371.7
476.4
-63.5
425.2
-370.4

1.3
1.3
0.0
120.4
186.5
308.2
371.7
476.4
-63.5
425.2
-370.4

1.3
1.3
0.0
120.4
186.5
308.2
371.7
476.4
-63.5
425.2
-370.4

0.2
0.2
0.0
123.9
15.3
139.4
198.1
303.1
-58.7
175.6
-197.9

294.8
176.2
8.5
419.6

371.7
240.3
13.3
472.9

389.3
238.5
16.4
546.7

389.3
238.5
16.4
546.7

389.3
238.5
16.4
546.7

377.4
174.5
18.6
313.9

560.3
560.3
0.0
523.8
36.5
537.8
22.6
17.8
4.8
2.4
0.0
0.0

454.2
454.2
0.0
424.1
30.1
434.1
20.4
12.9
7.5
2.0
0.0
0.0

215.9
215.9
0.0
214.6
1.3
227.0
1.6
25.5
-23.9
1.1
0.0
0.0

215.9
215.9
0.0
214.6
1.3
227.0
1.6
25.5
-23.9
1.1
0.0
0.0

215.9
215.9
0.0
214.6
1.3
227.0
1.6
25.5
-23.9
1.1
0.0
0.0

206.9
206.9
0.0
183.2
23.7
194.6
12.5
11.7
0.8
0.0
0.0
0.0

15.6
2.4
13.2

67.1
5.5
61.6

-68.1
-25.0
-43.1

0.0
-25.0
25.0

0.0
-25.0
25.0

-59.0
0.8
-59.8

10.9
24.1

18.8
80.4

-8.6
-51.7

-8.6
16.4

-8.6
16.4

19.4
-40.4

56.1
99.9
45.4
443.5
1.1
15.4
45.2
173.9
96.0
78.8
3.2
6.9
50.0
4.0
6.2

60.5
101.2
40.8
392.6
1.6
8.2
23.4
216.2
95.6
63.2
2.8
4.1
26.7
6.1
7.8

59.9
82.9
32.7
678.6
-4.4
36.7
16.6
150.6
105.1
1593.8
11.8
6.0
-4.6
11.8
-34.0

59.9
82.9
32.7
678.6
-4.4
0.0
-52.4
150.6
105.1
1593.8
11.8
6.0
-4.6
11.8
-34.0

59.9
82.9
32.7
678.6
-4.4
0.0
-52.4
150.6
105.1
1593.8
11.8
6.0
-4.6
11.8
-34.0

90.6
70.4
62.6
2780.7
0.3
-1.4
-48.0
23.4
94.1
93.6
5.7
6.7
0.0
17.7
7.3

0.0
0.9
1.1
0.5
4.9
133.5
266.7
33.3
17.4

0.0
1.7
1.7
1.2
7.5
96.0
54.5
-18.9
21.6

0.0
0.0
-11.1
-5.1
-5.4
6.8
39.5
-400.0
-52.5
15.1

0.0
0.0
-11.1
-5.1
-5.4
6.8
39.5
0.0
0.0
15.1

0.0
0.0
-11.1
-5.1
-5.4
6.8
39.5
0.0
0.0
15.1

0.0
0.0
0.4
0.2
0.2
9.6
65.9
-103.9
-4.2
2.3

Globe Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

63

2004

2005

2006

2007

2008

2009

155.9
100.8
256.7
0.0
0.0
199.2
199.2
455.9

155.9
482.7
638.6
0.0
0.0
367.5
367.5
1006.1

163.7
-77.8
85.9
0.0
0.0
408.4
408.4
494.3

163.7
-180.3
-16.6
0.0
0.0
534.0
534.0
517.4

163.7
-204.4
-40.7
0.0
0.0
460.5
460.5
419.8

163.7
329.2
492.9
0.0
0.0
0.0
0.0
492.9

2.4
2.4
0.0
522.1
641.0
1165.5
1264.0
1463.2
-98.5
1025.4
-1261.6

2.8
2.8
0.0
334.7
829.4
1166.9
1079.3
1446.8
87.6
1195.6
-1076.5

0.4
0.4
0.0
290.7
246.8
537.9
927.7
1336.1
-389.8
999.8
-927.3

1.8
1.8
0.0
141.6
0.0
143.4
343.3
877.3
-199.9
554.7
-341.5

0.0
0.0
0.0
136.6
0.0
136.6
320.4
780.9
-183.8
481.8
-320.4

6.3
6.3
0.0
257.4
0.0
263.7
0.5
0.5
263.2
0.0
5.8

1308.0
554.3
54.9
1719.8

1717.1
918.5
45.3
2085.4

1730.7
884.0
55.7
1421.9

1455.8
717.3
95.8
860.7

1159.2
603.5
33.0
740.1

678.9
229.6
25.7
493.3

1390.0
929.6
460.4
1241.5
148.5
1287.1
102.9
80.2
22.7
6.3
0.0
0.0

837.7
498.7
339.0
749.5
88.2
778.2
60.4
54.4
6.0
3.9
0.0
0.0

499.5
346.3
153.2
590.1
-90.6
958.6
-455.7
94.5
-550.2
2.5
0.0
0.0

219.7
219.7
0.0
301.3
-81.6
314.6
-69.1
32.3
-101.4
1.1
0.0
0.0

0.0
0.0
0.0
43.2
-43.2
53.4
-9.9
14.2
-24.1
0.0
0.0
0.0

0.0
0.0
0.0
69.4
-69.4
93.3
533.6
0.0
533.6
0.0
0.0
0.0

-157.7
16.4
-174.1

550.2
2.1
548.1

-511.8
-552.7
40.9

23.1
-102.5
125.6

-97.6
-24.1
-73.5

73.1
533.6
-460.5

71.3
-102.8

47.4
595.5

-497.0
-456.1

-6.7
118.9

8.9
-64.6

559.3
98.8

43.7
92.2
41.5
570.0
1.3
164.7
92.6
77.9
5.8
7.8
27.8
11.2
8.8

36.5
108.1
31.3
226.6
0.3
0.4
8.0
409.6
92.9
90.1
6.5
4.6
65.0
20.3
0.9

82.6
58.0
31.4
1555.4
-38.7
108.0
109.0
52.5
191.9
-20.7
18.9
9.5
-0.5
15.3
-640.5

103.2
41.8
41.8
0.0
-11.8
-443.7
-5.6
-10.1
143.2
-46.7
14.7
5.8
-1.1
24.3
0.0

109.7
42.6
42.6
0.0
-3.3
24.7
-13.8
-24.9
0.0
-143.4
0.0
2.9
0.0
0.0
0.0

0.0
52740.0
52740.0
0.1
108.2
730.0
566.1
301.1
0.0
0.0
0.0
0.0
0.0
0.0
108.3

0.0
1.6
1.5
1.1
8.4
80.8
114.3
17.9
16.5

0.0
0.7
0.4
0.1
8.2
40.2
-73.3
-39.7
41.0

0.0
0.0
-110.2
-33.6
-33.8
6.1
35.1
-8500.0
-40.4
5.2

0.0
0.0
-46.2
-6.2
-6.3
10.8
25.5
-81.5
-56.0
-1.0

0.0
0.0
0.0
-1.5
-1.5
4.6
0.0
-75.8
-100.0
-2.5

0.0
0.0
0.0
32.6
32.6
4.3
0.0
-2273.3
30.1

Gul Ahmed Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

64

2004

2005

2006

2007

2008

2009

340.7
1962.8
2303.5
0.0
0.0
1386.9
1386.9
3690.4

383.3
1953.7
2337.0
0.0
0.0
2036.3
2036.3
4373.3

460.0
1886.2
2346.2
0.0
0.0
2151.3
2151.3
4497.5

552.0
2076.8
2628.8
0.0
0.0
1772.0
1772.0
4400.8

552.0
2181.8
2733.8
0.0
0.0
2484.6
2484.6
5218.4

634.8
2454.5
3089.3
0.0
0.0
2566.6
2566.6
5655.9

704.2
99.0
605.2
2858.5
2043.9
5606.6
5385.8
6772.7
220.8
5928.9
-4681.6

725.4
115.5
609.9
2304.3
2747.0
5776.7
5432.0
7468.3
344.7
6486.1
-4706.6

524.5
39.9
484.6
2157.0
2887.2
5568.7
5481.4
7632.7
87.3
6811.6
-4956.9

86.3
27.8
58.5
3010.5
2254.1
5350.9
5653.0
7425.0
-302.1
5782.2
-5566.7

127.5
69.0
58.5
3498.8
2915.6
6541.9
7151.1
9635.7
-609.2
7699.0
-7023.6

158.2
99.7
58.5
3404.7
3886.2
7449.1
7898.9
10465.5
-449.8
8401.9
-7740.7

5909.0
3469.6
328.2
9076.2

6730.2
4028.5
274.7
9805.2

6590.6
4410.2
379.3
9978.9

7929.9
4702.8
412.3
10053.7

9200.5
5827.6
514.6
12369.5

10496.1
6105.8
636.8
13554.9

6680.9
1791.1
4889.8
5625.3
1055.6
6329.2
363.2
108.5
254.7
60.1
0.0
0.0

5893.1
2394.5
3498.6
4929.8
963.3
5541.1
358.7
236.9
121.8
39.0
0.0
38.3

8245.8
3617.3
4628.5
7081.2
1164.6
7704.7
548.6
536.3
12.3
47.0
0.0
38.3

9872.0
4091.6
5780.4
8446.1
1425.9
9139.8
738.5
476.2
262.3
67.4
0.0
0.0

11752.0
4852.2
6899.8
10052.9
1699.1
10834.5
934.3
732.5
201.8
66.0
0.0
132.3

13906.5
8919.4
4987.1
11568.1
2338.4
12723.9
1208.9
1039.0
169.9
83.0
0.0
0.0

621.6
194.6
427.0

682.9
82.8
600.1

124.2
-34.7
158.9

-96.7
194.9
-291.6

817.6
135.8
681.8

437.5
86.9
350.6

522.8
949.8

357.5
957.6

344.6
503.5

607.2
315.6

650.4
1332.2

723.7
1074.3

37.6
104.1
66.1
294.0
2.8
31.3
55.0
676.1
94.7
29.9
1.6
1.8
23.6
30.8
11.1

46.6
106.3
55.8
319.6
1.2
12.1
37.3
609.7
94.0
66.0
4.0
3.7
32.0
32.7
5.2

47.8
101.6
48.9
325.3
0.1
-27.9
68.4
510.0
93.4
97.8
6.5
7.9
382.1
22.3
0.5

40.3
94.7
54.8
282.4
2.6
-201.6
192.4
476.2
92.6
64.5
4.8
8.2
25.7
21.9
10.0

47.6
91.5
50.7
352.5
1.6
16.6
48.8
495.3
92.2
78.4
6.2
9.5
32.7
21.2
7.4

45.4
94.3
45.1
338.8
1.3
19.9
67.4
486.7
91.5
85.9
7.5
12.4
48.9
18.2
5.5

0.0
3.8
7.5
5.7
11.2
73.6
-33.0
19.7
67.6

0.0
2.1
3.2
2.2
7.9
60.1
-57.3
-11.8
61.0

0.0
0.0
0.1
0.3
-0.8
9.5
82.6
-90.6
39.9
51.0

0.0
0.0
2.7
4.8
3.5
9.3
98.2
1500.0
19.7
47.6

0.0
0.0
1.7
3.7
2.5
10.9
95.0
-22.9
19.0
49.5

0.0
0.0
1.2
2.7
1.4
10.9
102.6
-27.0
18.3
48.7

Gulistan Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

65

2004

2005

2006

2007

2008

2009

100.0
121.8
221.8
0.0
0.0
137.8
137.8
359.6

100.0
134.6
234.6
0.0
0.0
172.0
172.0
406.6

100.0
216.6
316.6
0.0
0.0
246.0
246.0
562.6

110.0
213.6
323.6
0.0
0.0
60.4
60.4
384.0

110.0
213.6
323.6
0.0
0.0
60.4
60.4
384.0

133.1
220.5
353.6
0.0
0.0
80.2
80.2
433.8

50.0
40.1
9.9
191.4
295.3
536.7
518.6
656.4
18.1
584.4
-468.6

40.9
30.4
10.5
137.0
396.0
573.9
560.2
732.2
13.7
680.3
-519.3

76.2
55.0
21.2
220.3
313.4
609.9
626.2
872.2
-16.3
808.8
-550.0

93.0
69.7
23.3
261.3
419.4
773.7
961.2
1021.6
-187.5
553.6
-868.2

93.0
69.7
23.3
261.3
419.4
773.7
961.2
1021.6
-187.5
553.6
-868.2

86.0
58.8
27.2
372.3
663.0
1121.3
1245.0
1325.2
-123.7
1054.7
-1159.0

666.1
341.6
28.1
878.3

742.1
392.9
19.9
966.8

966.9
578.9
39.2
1188.8

999.7
571.6
44.4
1345.3

999.7
571.6
44.4
1345.3

1041.8
557.6
26.0
1678.9

856.3
360.4
495.9
800.3
56.0
818.2
38.3
33.0
5.3
6.2
0.0
0.0

609.1
195.8
413.3
536.4
72.7
550.1
59.1
40.7
18.4
5.2
0.0
0.0

930.9
930.9
0.0
791.5
139.4
828.7
109.6
87.2
22.4
9.6
0.0
10.0

1067.2
332.2
735.0
912.4
154.8
959.1
115.2
404.2
-289.0
10.9
0.0
0.0

1067.2
332.2
735.0
912.4
154.8
959.1
115.2
404.2
-289.0
10.9
0.0
0.0

1355.7
560.2
795.5
1136.1
219.6
1186.2
179.2
158.4
20.8
8.0
0.0
13.3

-36.5
-0.9
-35.6

47.0
13.2
33.8

156.0
12.8
143.2

-178.6
-299.9
121.3

0.0
-299.9
299.9

49.8
12.8
37.0

27.2
-8.4

33.1
66.9

52.0
195.2

-255.5
-134.2

-255.5
44.4

38.8
75.8

38.3
103.5
46.5
295.9
0.6
221.8
95.6
86.2
3.9
5.6
117.0
9.6
2.4

42.3
102.4
31.8
312.1
1.9
28.1
49.5
234.6
90.3
68.9
6.7
6.0
28.3
11.5
7.8

43.7
97.4
47.3
275.5
1.9
8.2
26.6
316.6
89.0
79.6
9.4
10.8
42.9
9.8
7.1

15.7
80.5
36.9
315.7
-21.5
167.9
190.4
294.2
89.9
350.9
37.9
73.0
-3.8
13.5
-89.3

15.7
80.5
36.9
315.7
-21.5
0.0
-575.5
294.2
89.9
350.9
37.9
73.0
-3.8
13.5
-89.3

18.5
90.1
36.8
374.8
1.2
25.7
51.2
265.7
87.5
88.4
11.7
15.0
38.5
16.6
5.9

0.0
0.6
0.5
-0.1
9.7
97.5
-61.5
18.2
22.2

0.0
3.0
1.8
1.3
5.8
63.0
260.0
-28.9
23.5

0.0
0.0
2.4
2.2
1.3
10.0
78.3
22.2
52.8
31.7

0.0
0.0
-27.1
-26.3
-27.3
7.7
79.3
-1295.5
14.6
29.4

0.0
0.0
-27.1
-26.3
-27.3
7.7
79.3
0.0
0.0
29.4

0.0
0.0
1.5
1.6
1.0
4.6
80.7
-106.1
27.0
26.6

Gulistan Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

66

2004

2005

2006

2007

2008

2009

126.4
826.3
952.7
0.0
0.0
601.9
601.9
1554.6

126.4
941.9
1068.3
0.0
52.9
595.8
648.7
1717.0

132.7
2126.9
2259.6
0.0
0.0
841.0
841.0
3100.6

145.9
2333.7
2479.6
0.0
0.0
756.8
756.8
3236.4

160.5
2371.8
2532.3
0.0
0.0
629.3
629.3
3161.6

172.6
2340.1
2512.7
0.0
0.0
444.8
444.8
2957.5

391.9
35.8
356.1
833.9
1097.3
2323.1
2056.5
2658.4
266.6
2156.3
-1664.6

402.3
38.7
363.6
793.9
1407.5
2603.7
2362.7
3011.4
241.0
2786.5
-1960.4

1319.7
34.8
1284.9
1083.8
1573.2
3976.7
2656.4
3497.4
1320.3
3115.0
-1336.7

1515.9
55.4
1460.5
1252.8
1892.0
4660.7
3402.8
4159.6
1257.9
3281.1
-1886.9

1517.7
28.8
1488.9
1351.8
2872.1
5741.6
4660.3
5289.6
1081.3
4009.3
-3142.6

1468.2
56.8
1411.4
1559.7
4098.0
7125.9
6319.7
6764.5
806.2
5613.6
-4851.5

2410.8
1288.0
123.8
3611.1

2680.3
1476.0
88.1
4079.7

3100.8
1780.3
135.4
5757.0

3238.6
1978.5
140.3
6639.2

3505.0
2080.4
89.6
7822.0

3737.8
2151.2
95.5
9277.1

3904.4
2335.2
1569.2
3615.1
289.3
3688.4
256.3
197.8
58.5
20.1
9.5
0.0

2705.6
1502.8
1202.8
2415.0
290.6
2471.4
250.7
180.3
70.4
15.3
9.5
0.0

3651.7
3651.7
0.0
3082.9
568.8
3219.4
447.4
350.3
97.1
18.7
0.0
13.3

4326.5
2900.4
1426.1
3756.5
570.0
3926.4
459.9
401.4
58.5
21.6
0.0
0.0

5249.8
3517.5
1732.3
4513.1
736.7
4667.4
660.0
535.7
124.3
26.2
0.0
112.8

5245.4
3669.9
1575.5
4197.9
1047.5
4359.7
860.4
832.5
27.9
15.5
0.0
17.3

-182.3
28.9
-211.2

162.4
45.6
116.8

1383.6
78.4
1305.2

135.8
36.9
98.9

-74.8
98.1
-172.9

-204.1
12.4
-216.5

152.7
-58.5

133.7
250.5

213.8
1519.0

177.2
276.1

187.7
14.8

107.9
-108.6

38.7
113.0
59.6
279.0
1.6
753.7
94.5
77.2
5.1
9.2
34.4
13.7
6.1

37.8
110.2
50.6
281.9
1.7
28.1
53.4
845.2
91.3
71.9
6.7
6.5
21.7
23.9
6.6

27.1
149.7
90.5
154.8
1.7
5.7
14.1
1702.8
88.2
78.3
9.6
11.2
19.3
19.8
4.3

23.4
137.0
81.4
167.8
0.9
27.2
64.2
1699.5
90.8
87.3
9.3
12.2
36.9
20.7
2.4

19.9
123.2
61.6
208.9
1.6
-131.1
1268.2
1577.8
88.9
81.2
10.2
13.4
21.1
18.9
4.9

15.0
112.8
47.9
269.2
0.3
-6.1
-99.4
1455.8
83.1
96.8
15.9
14.8
55.6
22.9
1.1

404.2
1.0
1.5
4.6
3.0
9.1
108.1
-17.9
24.8
75.4

580.0
0.9
2.6
5.6
4.4
6.8
66.3
21.7
-30.7
84.5

0.0
0.0
2.7
7.3
5.9
9.2
63.4
30.4
35.0
170.3

0.0
0.0
1.4
4.0
2.5
7.9
65.2
-45.2
18.5
170.0

0.0
0.0
2.4
7.7
6.1
4.5
67.1
92.5
21.3
157.8

0.0
0.0
0.5
1.6
0.7
4.6
56.5
-79.2
-0.1
145.6

Gulshan Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

67

2004

2005

2006

2007

2008

2009

126.5
455.3
581.8
0.0
479.2
23.8
503.0
1084.8

126.5
484.7
611.2
0.0
127.9
502.2
630.1
1241.3

126.5
758.0
884.5
0.0
0.0
645.6
645.6
1530.1

139.2
778.1
917.3
0.0
0.0
466.1
466.1
1383.4

153.1
811.9
965.0
0.0
0.0
592.7
592.7
1557.7

168.4
817.9
986.3
0.0
0.0
117.0
117.0
1103.3

74.8
47.8
27.0
396.0
664.5
1135.3
1092.5
1595.5
42.8
1379.0
-1017.7

47.8
21.5
26.3
388.6
936.8
1373.2
1338.8
1968.9
34.4
1810.4
-1291.0

200.7
74.1
126.6
573.8
815.4
1589.9
1547.3
2192.9
42.6
1992.3
-1346.6

194.8
88.8
106.0
572.0
1159.7
1926.5
2006.9
2473.0
-80.4
1699.9
-1812.1

236.7
129.2
107.5
618.9
1302.4
2158.0
2043.4
2636.1
114.6
1843.5
-1806.7

340.2
161.0
179.2
721.3
1825.4
2886.9
3202.4
3319.4
-315.5
283.1
-2862.2

1939.2
1042.0
93.1
2177.3

2159.7
1206.9
71.3
2580.1

2545.0
1487.4
108.8
3077.3

2604.1
1463.8
118.0
3390.3

2654.1
1443.1
68.7
3601.1

2705.4
1418.8
70.1
4305.7

2077.5
1292.8
784.7
1921.1
156.4
1959.8
123.1
100.6
22.5
9.7
0.0
0.0

1658.6
904.0
754.6
1481.1
177.5
1521.1
143.1
100.4
42.7
9.6
9.5
0.0

2304.9
1140.1
1164.8
1959.6
345.3
2047.5
265.4
206.5
58.9
14.6
0.0
12.7

2003.9
643.1
1360.8
1653.4
350.5
1758.9
258.3
229.4
28.9
20.3
0.0
0.0

2210.9
670.8
1540.1
1805.1
405.8
1901.1
316.0
253.7
62.3
15.1
0.0
13.9

2571.9
1055.6
1516.3
2073.4
498.5
2157.7
421.8
383.4
38.4
34.1
0.0
16.8

47.9
12.8
35.1

156.5
23.6
132.9

288.8
44.3
244.5

-146.7
8.6
-155.3

174.3
47.2
127.1

-454.4
4.3
-458.7

105.9
141.0

94.9
227.8

153.1
397.6

126.6
-28.7

115.9
243.0

74.4
-384.3

46.4
103.9
43.1
274.2
1.0
26.7
75.1
459.9
94.3
81.7
4.8
7.3
43.1
11.2
3.9

50.8
102.6
32.6
322.1
1.7
15.1
41.7
483.2
91.7
70.2
6.1
5.5
22.5
18.0
7.0

42.2
102.8
50.1
247.9
1.9
15.3
38.5
699.2
88.8
77.8
9.0
10.4
24.8
17.1
6.7

33.7
96.0
38.2
269.6
0.9
-5.9
-441.1
659.0
87.8
88.8
11.4
13.5
70.2
18.5
3.2

38.0
105.6
41.9
273.2
1.7
27.1
47.7
630.3
86.0
80.3
11.5
13.8
24.2
18.0
6.5

10.6
90.1
33.1
336.6
0.9
-0.9
-19.4
585.7
83.9
90.9
14.9
135.4
88.8
18.2
3.9

0.0
1.1
1.8
1.0
9.1
95.4
-47.1
12.4
46.0

348.4
1.6
2.6
3.4
2.6
6.8
64.3
88.9
-20.2
48.3

0.0
0.0
2.6
4.7
3.5
9.0
74.9
38.2
39.0
69.9

0.0
0.0
1.4
2.1
0.6
7.9
59.1
-55.3
-13.1
65.9

0.0
0.0
2.8
4.1
3.1
4.7
61.4
95.2
10.3
63.0

0.0
0.0
1.5
2.3
0.3
4.9
59.7
-43.9
16.3
58.6

Hafiz Textile Mills Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

68

2005

2006

2007

2008

2009

12.0
-123.0
-111.0
0.0
0.0
127.9
127.9
16.9

12.0
-120.2
-108.2
0.0
0.0
126.8
126.8
18.6

12.0
-19.8
-7.8
0.0
0.0
0.0
0.0
-7.8

12.0
-13.3
-1.3
0.0
0.0
0.0
0.0
-1.3

0.5
0.5
0.0
3.2
0.0
3.7
80.9
208.8
-77.2
207.2
-80.4

0.2
0.2
0.0
2.5
0.0
2.7
76.5
203.3
-73.8
202.4
-76.3

0.7
0.7
0.0
1.6
0.0
2.3
102.0
102.0
-99.7
0.0
-101.3

0.4
0.4
0.0
0.6
0.0
1.0
92.4
92.4
-91.4
0.0
-92.0

165.4
94.1
1.9
97.8

170.6
92.3
1.8
95.0

171.7
91.8
92.3
94.1

171.7
90.2
1.7
91.2

0.0
0.0
0.0
0.0
0.0
3.5
0.2
0.0
0.2
0.8
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.3
0.4
0.0
0.4
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
3.4
1.1
0.0
1.1
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.4
7.2
0.0
7.2
0.7
0.9
0.0

-0.6
-

0.2
-

-26.4
0.9
-27.3

6.5
5.6
0.9

1.3
-

2.0
-

93.2
65.9

7.3
8.2

756.8
4.6
4.6
0.0
0.2
0.0
0.0
-925.0
0.0
0.0
0.0
0.0
400.0
0.0
0.0

681.7
3.5
3.5
0.0
0.4
0.0
0.0
-901.7
0.0
0.0
0.0
0.0
50.0
0.0
0.0

0.0
2.3
2.3
0.0
1.2
-3.4
141.4
-65.0
0.0
0.0
0.0
0.0
18.2
0.0
0.0

0.0
1.1
1.1
0.0
7.9
86.2
89.0
-10.8
0.0
0.0
0.0
0.0
9.7
0.0
0.0

0.0
0.0
0.0
0.2
-0.5
2.0
0.0
-80.0
-92.5

0.0
0.0
0.0
0.3
0.2
1.9
0.0
-70.0
-90.2

0.0
0.0
0.0
0.9
0.8
0.0
0.0
200.0
-6.5

722.2
0.0
0.0
6.0
5.4
1.9
0.0
566.7
-1.1

Haji Mohammad Ismail Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

69

2004

2005

2006

2007

2008

2009

99.8
33.9
133.7
0.0
0.0
27.0
27.0
160.7

99.8
36.9
136.7
0.0
0.0
16.4
16.4
153.1

99.8
50.8
150.6
0.0
0.0
10.3
10.3
160.9

119.8
54.3
174.1
0.0
0.0
3.3
3.3
177.4

119.8
22.1
141.9
0.0
0.0
21.6
21.6
163.5

119.8
5.7
125.5
0.0
0.0
33.0
33.0
158.5

22.4
0.6
21.8
65.6
117.1
205.1
179.9
206.9
25.2
88.5
-157.5

22.1
0.6
21.5
44.1
148.1
214.3
223.0
239.4
-8.7
117.9
-200.9

18.3
1.4
16.9
84.8
106.0
209.1
211.0
221.3
-1.9
154.9
-192.7

2.2
2.2
0.0
63.0
64.2
129.4
173.8
177.1
-44.4
83.6
-171.6

0.1
0.1
0.0
42.1
27.9
70.1
125.3
146.9
-55.2
67.9
-125.2

1.2
0.7
0.5
41.5
1.5
44.2
96.5
129.5
-52.3
73.9
-95.3

244.4
135.7
9.7
340.8

278.5
161.7
8.2
376.0

289.0
162.8
12.4
371.9

367.5
221.7
20.1
351.1

367.5
218.7
5.8
288.8

370.7
210.7
8.0
254.9

460.9
460.9
0.0
445.4
15.5
454.1
11.0
0.0
11.0
2.3
0.0
0.0

366.1
334.9
31.2
354.1
12.0
360.4
5.8
0.7
5.1
1.6
1.7
0.0

625.3
520.9
104.4
605.0
20.3
619.6
13.6
3.8
9.8
3.1
0.0
0.0

265.3
248.8
16.5
247.8
17.5
260.5
4.8
38.4
-33.6
1.3
0.0
0.0

70.5
70.5
0.0
79.5
-9.0
84.2
-13.7
9.3
-23.0
0.4
0.0
0.0

93.4
93.4
0.0
94.1
-0.7
96.8
-3.4
10.0
-13.4
0.0
0.0
0.0

-13.0
8.7
-21.7

-7.6
1.8
-9.4

7.8
6.7
1.1

16.5
-34.9
51.4

-13.9
-23.4
9.5

-5.0
-13.4
8.4

18.4
-3.3

10.0
0.6

19.1
20.2

-14.8
36.6

-17.6
-8.1

-5.4
3.0

16.8
114.0
48.9
154.7
3.2
134.0
98.5
0.0
0.0
0.0
20.9
9.7
8.2

10.7
96.1
29.7
175.1
1.4
1666.7
137.0
98.4
12.1
0.2
0.6
31.4
8.7
3.7

6.4
99.1
48.9
146.9
2.6
85.9
94.6
150.9
99.1
27.9
0.6
2.5
31.6
5.0
6.5

1.9
74.5
37.5
101.7
-9.6
-211.5
-40.4
145.3
98.2
800.0
14.5
45.9
-3.9
10.0
-19.3

13.2
55.9
33.7
103.5
-8.0
168.3
217.3
118.4
119.4
-67.9
13.2
13.7
-1.7
30.1
-16.2

20.8
45.8
44.2
103.2
-5.3
268.0
-180.0
104.8
103.6
-294.1
10.7
13.5
0.0
28.8
-10.7

0.0
2.4
1.1
0.9
9.1
135.2
-237.5
74.1
13.4

205.9
1.2
1.4
0.5
0.4
6.0
97.4
-54.5
-20.6
13.7

0.0
0.0
1.6
1.0
0.7
7.7
168.1
100.0
70.8
15.1

0.0
0.0
-12.7
-2.8
-2.9
12.3
75.6
-380.0
-57.6
14.5

0.0
0.0
-32.6
-1.9
-2.0
2.6
24.4
-32.1
-73.4
11.8

0.0
0.0
-14.3
-1.1
-1.1
3.7
36.6
-42.1
32.5
10.5

Hajra Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

70

2004

2005

2006

2007

2008

2009

68.8
-20.9
47.9
0.0
0.0
218.5
218.5
266.4

68.8
-39.4
29.4
0.0
0.0
220.6
220.6
250.0

137.5
-87.5
50.0
0.0
0.0
34.6
34.6
84.6

137.5
-158.8
-21.3
0.0
0.0
24.7
24.7
3.4

137.5
-201.4
-63.9
0.0
0.0
196.5
196.5
132.6

137.5
-285.5
-148.0
0.0
0.0
149.2
149.2
1.2

15.1
10.1
5.0
51.8
76.0
142.9
266.9
485.4
-124.0
292.8
-251.8

12.1
7.1
5.0
15.0
91.5
118.6
320.1
540.7
-201.5
309.1
-308.0

35.1
30.1
5.0
53.1
52.2
140.4
505.3
539.9
-364.9
104.9
-470.2

35.6
35.6
0.0
63.6
60.8
160.0
590.0
614.7
-430.0
95.0
-554.4

4.3
4.3
0.0
51.4
86.7
142.4
547.0
743.5
-404.6
283.0
-542.7

1.1
1.1
0.0
163.6
31.2
195.9
717.2
866.4
-521.3
280.5
-716.1

631.1
390.4
17.5
533.3

704.5
451.5
12.3
570.1

721.5
449.5
19.1
589.9

724.3
433.4
19.2
593.4

724.4
537.3
18.5
679.7

853.9
522.4
22.6
718.3

862.9
862.9
0.0
848.8
14.1
865.7
-2.8
12.0
-14.8
3.7
0.0
0.0

563.5
563.5
0.0
562.1
1.4
571.9
-8.2
11.0
-19.2
2.5
0.0
0.0

624.1
624.1
0.0
622.3
1.8
637.8
43.1
13.2
29.9
3.1
0.0
0.0

507.5
507.5
0.0
554.4
-46.9
567.2
-59.7
9.4
-69.1
2.5
0.0
0.0

665.2
665.2
0.0
667.5
-2.3
694.0
-28.2
15.0
-43.2
3.3
0.0
0.0

776.1
776.1
0.0
782.2
-6.1
820.1
-44.0
35.0
-79.0
0.0
0.0
0.0

3.0
-18.5
21.5

-16.4
-21.7
5.3

-165.4
26.8
-192.2

-81.2
-71.6
-9.6

129.2
-46.5
175.7

-131.4
-79.0
-52.4

-1.0
20.5

-9.4
-4.1

45.9
-146.3

-52.4
-62.0

-28.0
147.7

-56.4
-108.8

82.0
53.5
25.1
1013.4
-2.8
-616.7
-4.9
69.6
100.3
1.4
4.1
0.3
-30.9

88.2
37.1
8.5
1839.1
-3.4
42.7
101.5
2.0
3.6
0.4
-65.3

40.9
27.8
17.5
1079.8
5.1
-16.2
-31.4
36.4
102.2
30.6
2.1
12.6
10.4
2.0
59.8

726.5
27.1
16.8
0.0
-11.6
88.2
84.5
-15.5
111.8
-15.7
1.9
9.9
-3.6
2.1
0.0

148.2
26.0
10.2
0.0
-6.4
-36.0
-19.0
-46.5
104.3
-53.2
2.3
5.3
-7.6
0.9
0.0

12433.3
27.3
23.0
0.0
-11.0
60.1
51.8
-107.6
105.7
-79.5
4.5
12.5
0.0
0.6
0.0

0.0
-1.7
-2.2
-2.7
4.8
161.8
-51.1
34.8
7.0

0.0
-3.4
-2.8
-3.2
3.2
98.8
27.3
-34.7
4.3

0.0
0.0
4.8
2.2
1.9
4.2
105.8
-178.6
10.8
3.6

0.0
0.0
-13.6
-5.0
-5.2
4.3
85.5
-327.3
-18.7
-1.5

0.0
0.0
-6.5
-3.1
-3.4
4.3
97.9
-38.0
31.1
-4.6

0.0
0.0
-10.2
-5.7
-5.7
4.2
108.0
83.9
16.7
-10.8

Hala Enterprises Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

71

2004

2005

2006

2007

2008

2009

37.8
-21.0
16.8
0.0
0.0
56.2
56.2
73.0

37.8
-1.0
36.8
0.0
0.0
34.0
34.0
70.8

37.8
19.2
57.0
0.0
0.0
28.0
28.0
85.0

37.8
32.0
69.8
0.0
0.0
14.9
14.9
84.7

37.8
20.3
58.1
0.0
0.0
68.4
68.4
126.5

37.8
30.1
67.9
0.0
0.0
19.5
19.5
87.4

2.5
1.6
0.9
110.4
40.0
152.9
141.1
197.3
11.8
125.5
-138.6

1.5
0.6
0.9
114.5
59.1
175.1
171.0
205.0
4.1
128.9
-169.5

3.1
1.5
1.6
122.3
86.3
211.7
247.4
275.4
-35.7
160.7
-244.3

2.2
1.1
1.1
105.4
87.7
195.3
225.2
240.1
-29.9
98.9
-223.0

2.2
0.6
1.6
100.9
89.7
192.8
181.6
250.0
11.2
155.4
-179.4

3.6
1.4
2.2
101.2
90.8
195.6
217.6
237.1
-22.0
130.5
-214.0

130.0
61.2
4.8
214.1

139.0
66.8
5.5
241.9

199.2
120.8
6.1
332.5

199.1
114.4
6.9
309.7

204.2
115.3
7.0
308.1

204.4
109.3
6.7
304.9

278.9
5.0
273.9
237.1
41.8
277.9
31.0
6.9
24.1
2.0
0.0
0.0

365.1
11.1
354.0
270.5
94.6
341.3
26.1
7.2
18.9
2.6
0.0
0.0

391.4
16.0
375.4
295.6
95.8
369.6
26.2
15.5
10.7
3.7
3.8
0.0

458.8
21.1
437.7
358.9
99.9
429.2
29.6
21.2
8.4
4.4
0.0
0.0

429.2
20.3
408.9
358.0
71.2
424.2
10.7
19.1
-8.4
4.1
0.0
0.0

454.6
19.8
434.8
348.2
106.4
421.1
34.0
20.4
13.6
4.4
0.0
0.0

64.8
22.1
42.7

-2.2
16.3
-18.5

14.2
3.2
11.0

-0.3
4.0
-4.3

41.8
-12.5
54.3

-39.1
9.2
-48.3

26.9
69.6

21.8
3.3

9.3
20.3

10.9
6.6

-5.5
48.8

15.9
-32.4

77.0
108.4
80.0
1174.4
11.3
34.1
38.6
44.4
99.6
22.3
2.5
5.5
8.3
16.5
143.5

48.0
102.4
67.8
557.1
7.8
660.6
97.4
93.5
27.6
2.0
5.6
13.8
11.3
51.4

32.9
85.6
50.7
483.2
3.2
22.5
45.8
150.8
94.4
59.2
4.0
9.6
34.6
10.2
18.8

17.6
86.7
47.8
344.0
2.7
-1333.3
165.2
184.7
93.5
71.6
4.6
21.4
52.4
6.8
12.0

54.1
106.2
56.8
430.3
-2.7
-29.9
-11.3
153.7
98.8
178.5
4.5
12.3
-48.8
4.9
-14.5

22.3
89.9
48.2
349.2
4.5
-23.5
-49.1
179.6
92.6
60.0
4.5
15.6
32.4
9.4
20.0

0.0
8.6
6.4
5.8
7.5
130.3
540.0
-22.2
4.4

0.0
5.2
5.0
4.3
9.0
150.9
-21.9
30.9
9.7

184.2
6.7
2.7
2.8
1.9
9.1
117.7
-44.0
7.2
15.1

0.0
0.0
1.8
2.2
1.1
6.1
148.1
-21.4
17.2
18.5

0.0
0.0
-2.0
-2.2
-3.3
6.1
139.3
-200.0
-6.5
15.4

0.0
0.0
3.0
3.6
2.4
5.8
149.1
-263.6
5.9
18.0

Hamid Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

72

2004

2005

2006

2007

2008

2009

132.7
-296.5
-163.8
0.0
0.0
67.9
67.9
-95.9

132.7
-89.8
42.9
0.0
0.0
56.9
56.9
99.8

132.7
-107.8
24.9
0.0
0.0
48.5
48.5
73.4

132.7
-344.0
-211.3
0.0
0.0
39.2
39.2
-172.1

132.7
-344.0
-211.3
0.0
0.0
39.2
39.2
-172.1

132.7
-367.2
-234.5
0.0
0.0
20.5
20.5
-214.0

0.1
0.1
0.0
53.3
41.4
94.8
423.1
491.0
-328.3
129.4
-423.0

0.5
0.5
0.0
56.2
70.2
126.9
252.7
309.6
-125.8
165.6
-252.2

0.0
0.0
0.0
74.6
95.0
169.6
309.9
358.4
-140.3
201.7
-309.9

0.8
0.8
0.0
60.9
70.7
132.4
502.4
541.6
-370.0
166.9
-501.6

0.8
0.8
0.0
60.9
70.7
132.4
502.4
541.6
-370.0
166.9
-501.6

0.6
0.6
0.0
33.6
46.3
80.5
485.2
505.7
-404.7
103.2
-484.6

309.8
232.4
14.0
327.2

315.8
225.7
10.7
352.6

317.5
213.8
14.1
383.4

294.6
197.9
12.6
330.3

294.6
197.9
12.6
330.3

328.6
190.7
11.8
271.2

71.6
71.6
0.0
105.7
-34.1
113.0
-13.8
3.7
-17.5
0.4
0.0
0.0

314.1
266.7
47.4
319.6
-5.5
327.3
-13.2
7.7
-20.9
1.4
0.0
0.0

392.9
375.9
17.0
381.0
11.9
391.7
1.3
18.8
-17.5
2.0
0.0
0.0

380.9
367.8
13.1
383.4
-2.5
402.6
24.0
19.9
4.1
1.9
0.0
0.0

380.9
367.8
13.1
383.4
-2.5
402.6
24.0
19.9
4.1
1.9
0.0
0.0

250.1
250.1
0.0
272.0
-21.9
282.4
83.6
14.9
68.7
0.0
0.0
0.0

-53.6
-17.9
-35.7

195.7
-22.3
218.0

-26.4
-19.5
-6.9

-245.5
2.2
-247.7

0.0
2.2
-2.2

-41.9
68.7
-110.6

-3.9
-39.6

-11.6
206.4

-5.4
-12.3

14.8
-232.9

14.8
12.6

80.5
-30.1

22.4
12.6
-5.3
-123.4
157.8
5.2
2.9
25.0
-

57.0
50.2
22.4
721.7
-5.9
-11.4
-5.6
32.3
104.2
2.5
4.6
9.5
-48.7

66.1
54.7
24.1
1439.4
-4.6
73.9
43.9
18.8
99.7
1446.2
4.8
9.3
-11.4
9.6
-70.3

0.0
26.4
12.3
0.0
1.2
-0.9
-6.4
-159.2
105.7
82.9
5.2
11.9
46.3
7.6
0.0

0.0
26.4
12.3
0.0
1.2
0.0
117.5
-159.2
105.7
82.9
5.2
11.9
46.3
7.6
0.0

0.0
16.6
7.0
0.0
25.3
-164.0
-267.4
-176.7
112.9
17.8
6.0
14.4
0.0
6.0
0.0

-24.4
-1.3
-1.3
5.1
21.9
-61.8
73.8
-12.3

0.0
-6.7
-1.6
-1.7
4.6
89.1
23.1
338.7
3.2

0.0
0.0
-4.5
-1.3
-1.5
6.2
102.5
-18.8
25.1
1.9

0.0
0.0
1.1
0.3
0.2
5.9
115.3
-123.1
-3.1
-15.9

0.0
0.0
1.1
0.3
0.2
5.9
115.3
0.0
0.0
-15.9

0.0
0.0
27.5
5.2
5.2
6.3
92.2
1633.3
-34.3
-17.7

Hira Textile Mills Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

73

2005

2006

2007

2008

2009

715.5
352.6
1068.1
0.0
0.0
289.5
289.5
1357.6

715.5
412.3
1127.8
0.0
0.0
399.3
399.3
1527.1

715.5
413.8
1129.3
0.0
0.0
295.8
295.8
1425.1

179.9
3.4
176.5
191.6
766.0
1137.5
1089.5
1379.0
48.0
1151.9
-909.6

210.3
2.1
208.2
288.6
1199.0
1697.9
1734.4
2133.7
-36.5
1340.3
-1524.1

265.3
17.6
247.7
262.6
1194.9
1722.8
1798.4
2094.2
-75.6
1679.4
-1533.1

543.8
1309.7
76.7
2447.2

2130.5
1563.6
69.1
3261.5

2144.8
1500.8
79.6
3223.6

1665.0
635.4
1029.6
1412.8
252.2
1491.4
179.1
158.2
20.9
15.8
0.0
0.0

1729.2
1176.1
553.1
1471.2
258.0
1495.3
234.4
170.8
63.6
8.6
0.0
0.0

2524.7
1660.5
864.2
2132.5
392.2
2213.7
353.2
341.0
12.2
10.4
0.0
0.0

5.1
-

55.0
-

-102.0
1.8
-103.8

81.8
-

124.1
-

81.4
-22.4

21.3
104.4
34.1
129.1
0.9
0.0
0.0
149.3
89.6
88.3
9.5
13.7
75.6
5.0
2.0

26.1
97.9
28.8
189.2
2.0
0.0
0.0
157.6
86.5
72.9
9.9
12.7
13.5
10.8
5.6

20.8
95.8
29.4
185.4
0.4
-1.8
-363.4
157.8
87.7
96.5
13.5
20.3
85.2
5.4
1.1

0.0
0.0
1.3
0.3
0.1
5.4
68.0
-70.0
14.9

0.0
0.0
3.7
0.9
0.8
5.3
53.0
-10.0
15.8

0.0
0.0
0.5
0.2
0.0
5.2
78.3
-77.8
46.0
15.8

Husein Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

74

2004

2005

2006

2007

2008

2009

106.3
337.4
443.7
0.0
0.0
0.0
0.0
443.7

106.3
366.2
472.5
0.0
0.0
0.0
0.0
472.5

106.3
327.5
433.8
0.0
0.0
225.6
225.6
659.4

106.3
309.3
415.6
0.0
0.0
234.4
234.4
650.0

106.3
291.1
397.4
0.0
0.0
144.9
144.9
542.3

106.3
278.5
384.8
0.0
0.0
248.8
248.8
633.6

6.8
6.4
0.4
737.2
457.8
1201.8
1249.1
1249.1
-47.3
714.3
-1242.3

9.4
8.9
0.5
699.8
593.8
1303.0
1354.8
1354.8
-51.8
812.7
-1345.4

9.2
8.7
0.5
588.4
610.0
1207.6
1033.0
1258.6
174.6
852.5
-1023.8

4.8
4.8
0.0
684.3
800.1
1489.2
1320.5
1554.9
168.7
955.0
-1315.7

4.2
4.2
0.0
699.9
801.4
1505.5
1428.4
1573.3
77.1
852.7
-1424.2

1.8
1.3
0.5
784.6
797.8
1584.2
1393.4
1642.2
190.8
1248.2
-1391.6

1056.7
490.9
57.3
1692.7

1138.3
524.3
48.6
1827.3

1154.1
484.7
55.8
1692.3

1201.6
481.3
50.9
1970.5

1231.7
465.3
46.5
1970.8

1195.0
442.8
57.4
2027.0

1662.6
257.4
1405.2
1456.8
205.8
1586.6
78.4
23.4
55.0
7.9
21.3
0.0

959.3
519.9
439.4
827.6
131.7
891.5
69.3
32.4
36.9
4.5
21.3
0.0

1028.2
733.8
294.4
905.7
122.5
960.8
68.2
77.3
-9.1
5.2
0.0
0.0

1155.1
561.1
594.0
992.1
163.0
1065.4
89.9
98.4
-8.5
7.4
0.0
0.0

1089.4
468.0
621.4
939.4
150.0
995.3
94.3
110.6
-16.3
1.8
0.0
0.0

1395.3
248.1
1147.2
1167.4
227.9
1222.8
174.5
160.9
13.6
6.8
0.0
0.0

31.6
25.8
5.8

28.8
11.1
17.7

186.9
-14.3
201.2

217.0
-15.9
232.9

-107.7
-18.1
-89.6

91.3
6.8
84.5

83.1
88.9

59.7
77.4

41.5
242.7

35.0
267.9

28.4
-61.2

64.2
148.7

0.0
96.2
59.6
281.5
3.2
81.6
93.5
417.4
95.4
29.8
1.4
3.3
14.4
36.0
12.4

0.0
96.2
52.3
286.7
2.0
38.5
77.1
444.5
92.9
46.8
3.4
4.0
12.2
63.9
7.8

34.2
116.9
57.9
290.1
-0.5
-7.7
17.1
408.1
93.4
113.3
7.5
9.1
-57.1
46.3
-2.1

36.1
112.8
52.2
374.1
-0.4
-7.3
13.1
391.0
92.2
109.5
8.5
10.3
-87.1
46.6
-2.0

26.7
105.4
49.3
395.9
-0.8
16.8
-46.4
373.8
91.4
117.3
10.2
13.0
-11.0
50.9
-4.1

39.3
113.7
56.4
426.8
0.7
7.4
43.2
362.0
87.6
92.2
11.5
12.9
50.0
44.0
3.5

221.1
4.8
3.3
5.2
4.4
11.3
98.2
-10.3
32.4
41.7

152.1
4.5
3.8
3.5
3.0
9.9
52.5
-32.7
-42.3
44.4

0.0
0.0
-0.9
-0.9
-1.3
10.6
60.8
-125.7
7.2
40.8

0.0
0.0
-0.7
-0.8
-1.5
10.6
58.6
-138.1
0.2
39.1

0.0
0.0
-1.5
-1.5
-1.7
9.7
55.3
87.5
-5.7
37.4

0.0
0.0
1.0
1.3
0.6
12.3
68.8
-186.7
28.1
36.2

ICC Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

75

2004

2005

2006

2007

2008

2009

100.0
72.2
172.2
0.0
0.0
70.2
70.2
242.4

100.0
81.8
181.8
0.0
0.0
233.2
233.2
415.0

100.0
226.7
326.7
0.0
0.0
189.0
189.0
515.7

100.0
148.5
248.5
0.0
0.0
141.3
141.3
389.8

100.0
-13.4
86.6
0.0
0.0
147.8
147.8
234.4

100.0
255.5
355.5
0.0
0.0
128.6
128.6
484.1

53.2
25.1
28.1
125.7
121.1
300.0
327.6
397.8
-27.6
277.2
-274.4

23.7
23.7
0.0
187.4
226.0
437.1
579.9
813.1
-142.8
644.2
-556.2

24.7
24.7
0.0
191.4
237.4
453.5
663.5
852.5
-210.0
660.5
-638.8

10.2
10.2
0.0
228.4
246.7
485.3
777.8
919.1
-292.5
632.7
-767.6

12.1
12.1
0.0
236.4
179.9
428.4
830.8
978.6
-402.4
613.5
-818.7

5.9
5.9
0.0
202.0
212.7
420.6
973.6
1102.2
-553.0
602.2
-967.7

558.9
270.0
17.9
570.0

866.2
557.8
20.6
994.9

1088.5
725.6
55.7
1179.1

1091.0
682.2
53.1
1167.5

1102.2
636.7
49.4
1065.1

1050.2
1037.2
43.4
1457.8

633.8
286.5
347.3
551.0
82.8
596.8
43.5
9.9
33.6
3.5
0.0
0.0

540.3
296.2
244.1
481.6
58.7
514.3
28.3
16.9
11.4
3.2
0.0
0.0

1205.2
663.8
541.4
1101.4
103.8
1163.0
44.1
70.0
-25.9
6.8
0.0
0.0

1223.4
778.0
445.4
1151.5
71.9
1213.7
10.1
82.4
-72.3
6.1
0.0
0.0

1248.7
830.2
418.5
1268.2
-19.5
1314.9
-66.2
89.6
-155.8
6.2
0.0
0.0

1331.9
909.9
422.0
1242.9
89.0
1287.4
44.9
114.7
-69.8
4.2
0.0
0.0

75.8
30.1
45.7

172.6
8.2
164.4

100.7
-32.7
133.4

-125.9
-78.4
-47.5

-155.4
-162.0
6.6

249.7
-74.0
323.7

48.0
93.7

28.8
193.2

23.0
156.4

-25.3
-72.8

-112.6
-106.0

-30.6
293.1

29.0
91.6
54.6
231.0
5.9
39.7
51.2
172.2
94.2
22.8
1.6
3.6
10.4
13.5
19.5

56.2
75.4
36.4
447.2
1.1
4.8
14.9
181.8
95.2
59.7
3.1
2.6
28.1
26.6
6.3

36.6
68.3
32.6
260.9
-2.2
-32.5
14.7
326.7
96.5
158.7
5.8
10.6
-26.3
9.9
-7.9

36.2
62.4
30.7
369.9
-6.2
62.3
34.8
248.5
99.2
815.8
6.7
13.0
-8.4
13.1
-29.1

63.1
51.6
29.9
1130.0
-14.6
104.2
106.2
86.6
105.3
-135.3
7.2
14.6
-4.0
13.2
-179.9

26.6
43.2
21.4
310.0
-4.8
-29.6
-10.4
355.5
96.7
255.5
8.6
19.0
-6.0
9.2
-19.6

0.0
5.3
3.4
3.0
9.7
111.2
385.7
7.6
17.2

0.0
2.1
1.1
0.8
7.6
54.3
-67.6
-14.8
18.2

0.0
0.0
-2.1
-2.6
-3.3
10.0
102.2
-336.4
123.1
32.7

0.0
0.0
-5.9
-7.2
-7.8
7.3
104.8
176.9
1.5
24.9

0.0
0.0
-12.5
-15.6
-16.2
7.2
117.2
116.7
2.1
8.7

0.0
0.0
-5.2
-7.0
-7.4
6.9
91.4
-55.1
6.7
35.6

Ideal Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

76

2004

2005

2006

2007

2008

2009

99.2
22.6
121.8
0.0
0.0
64.3
64.3
186.1

99.2
42.5
141.7
0.0
0.0
250.5
250.5
392.2

99.2
23.7
122.9
0.0
0.0
347.8
347.8
470.7

99.2
11.3
110.5
0.0
0.0
326.3
326.3
436.8

99.2
-25.3
73.9
0.0
0.0
301.3
301.3
375.2

99.2
-70.6
28.6
0.0
0.0
266.7
266.7
295.3

10.2
10.2
0.0
70.0
61.4
141.6
158.5
222.8
-16.9
168.8
-148.3

6.0
6.0
0.0
73.8
78.5
158.3
170.8
421.3
-12.5
381.1
-164.8

12.1
12.1
0.0
76.9
86.9
175.9
244.8
592.6
-68.9
511.9
-232.7

39.5
39.5
0.0
51.9
81.0
172.4
296.0
622.3
-123.6
413.2
-256.5

6.6
6.6
0.0
74.5
179.2
260.3
470.0
771.3
-209.7
471.5
-463.4

3.3
3.3
0.0
83.6
90.3
177.2
444.9
711.6
-267.7
441.9
-441.6

488.6
203.0
20.4
344.6

704.4
404.7
17.3
563.0

869.3
539.6
31.6
715.5

931.9
560.4
43.7
732.8

989.0
584.9
45.6
845.2

1001.8
563.1
46.6
740.3

778.3
778.3
0.0
767.2
11.1
787.5
-9.1
8.3
-17.4
3.4
0.0
0.0

583.5
583.5
0.0
547.9
35.6
565.0
18.8
13.5
5.3
2.6
0.0
0.0

694.0
694.0
0.0
626.5
67.5
649.6
44.6
31.8
12.8
3.6
0.0
0.0

800.2
800.2
0.0
734.2
66.0
759.2
43.8
57.3
-13.5
4.3
0.0
0.0

985.1
985.1
0.0
938.5
46.6
974.4
11.2
56.5
-45.3
4.9
0.0
0.0

1111.4
1111.4
0.0
1050.1
61.3
1088.0
24.4
71.8
-47.4
0.0
0.0
0.0

26.6
-20.8
47.4

206.1
2.7
203.4

78.5
9.2
69.3

-33.9
-17.8
-16.1

-61.6
-50.2
-11.4

-79.9
-47.4
-32.5

-0.4
47.0

20.0
223.4

40.8
110.1

25.9
9.8

-4.6
-16.0

-0.8
-33.3

34.6
89.3
50.6
182.9
-5.0
-78.2
-0.9
122.8
101.2
1.1
4.9
3.9
-14.3

63.9
92.7
46.7
297.3
0.9
1.3
9.0
142.8
96.8
71.8
2.3
3.5
49.1
8.1
3.7

73.9
71.9
36.4
482.2
1.8
11.7
37.1
123.9
93.6
71.3
4.6
6.2
28.1
4.0
10.4

74.7
58.2
30.9
563.2
-1.8
52.5
264.3
111.4
94.9
130.8
7.2
13.9
-31.9
3.3
-12.2

80.3
55.4
17.3
1043.7
-5.4
81.5
28.8
74.5
98.9
504.5
5.7
12.0
-10.8
4.1
-61.3

90.3
39.8
19.5
2488.1
-6.4
59.3
2.4
28.8
97.9
294.3
6.5
16.2
0.0
4.9
-165.7

0.0
-2.2
-1.8
-2.1
12.2
225.9
-200.0
33.8
12.3

0.0
0.9
0.5
0.3
8.5
103.6
-127.8
-25.0
14.3

0.0
0.0
1.8
1.3
0.9
7.8
97.0
160.0
18.9
12.4

0.0
0.0
-1.7
-1.4
-1.8
8.1
109.2
-207.7
15.3
11.1

0.0
0.0
-4.6
-4.6
-5.1
8.1
116.6
228.6
23.1
7.4

0.0
0.0
-4.3
-4.8
-4.8
8.0
150.1
4.3
12.8
2.9

Idrees Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

77

2004

2005

2006

2007

2008

2009

180.5
241.7
422.2
0.0
0.0
159.7
159.7
581.9

180.5
276.0
456.5
0.0
0.0
179.3
179.3
635.8

180.5
390.0
570.5
0.0
0.0
127.8
127.8
698.3

180.5
426.7
607.2
0.0
0.0
247.0
247.0
854.2

180.5
413.0
593.5
0.0
0.0
366.0
366.0
959.5

180.5
421.3
601.8
0.0
0.0
99.8
99.8
701.6

3.7
3.7
0.0
225.1
183.7
412.5
463.9
623.6
-51.4
363.3
-460.2

6.6
6.6
0.0
294.2
299.1
599.9
593.8
773.1
6.1
622.5
-587.2

43.6
43.6
0.0
295.2
266.9
605.7
789.8
917.6
-184.1
585.4
-746.2

65.6
65.6
0.0
306.9
328.2
700.7
901.5
1148.5
-200.8
559.4
-835.9

101.5
101.5
0.0
368.1
489.2
958.8
1019.4
1385.4
-60.6
801.9
-917.9

30.8
30.8
0.0
348.2
490.1
869.1
1123.0
1222.8
-253.9
778.5
-1092.2

850.8
633.3
48.7
1045.8

988.2
629.7
38.0
1229.6

1028.7
882.3
50.4
1488.0

1026.4
1054.9
52.6
1755.6

1272.9
1020.0
63.9
1978.8

1276.1
955.6
67.5
1824.7

850.8
846.1
4.7
780.3
70.5
801.0
101.5
29.9
71.6
4.1
0.0
0.0

741.3
723.8
17.5
651.0
90.3
672.2
71.0
38.0
33.0
3.4
0.0
0.0

621.0
603.0
18.0
509.5
111.5
536.2
86.1
60.5
25.6
3.1
0.0
0.0

754.3
754.3
0.0
634.2
120.1
666.7
95.1
68.9
26.2
3.8
0.0
0.0

865.7
865.7
0.0
711.0
154.7
755.4
117.1
90.9
26.2
4.4
0.0
0.0

751.7
751.7
0.0
635.4
116.3
660.1
128.4
142.6
-14.2
3.1
0.0
0.0

74.4
67.5
6.9

53.9
29.6
24.3

62.5
22.5
40.0

155.9
22.4
133.5

105.3
21.8
83.5

-257.9
-17.3
-240.6

116.2
123.1

67.6
91.9

72.9
112.9

75.0
208.5

85.7
169.2

50.2
-190.4

27.4
88.9
49.3
147.7
6.8
90.7
94.4
233.9
94.1
29.5
3.5
8.2
5.7
14.4
17.0

28.2
101.0
50.7
169.4
2.7
54.9
73.6
252.9
90.7
53.5
5.1
6.1
10.3
27.7
7.2

18.3
76.7
42.9
160.8
1.7
36.0
64.6
316.1
86.3
70.3
9.7
10.3
12.1
33.4
4.5

28.9
77.7
41.3
189.1
1.5
14.4
36.0
336.4
88.4
72.5
9.1
12.3
14.5
29.3
4.3

38.1
94.1
46.1
233.4
1.3
20.7
50.7
328.8
87.3
77.6
10.5
11.3
16.8
34.2
4.4

14.2
77.4
33.7
203.2
-0.8
6.7
-26.4
333.4
87.8
111.1
19.0
18.3
-21.8
35.8
-2.4

0.0
8.4
4.0
3.7
7.3
81.4
-366.7
132.6
23.4

0.0
4.5
1.8
1.6
6.0
60.3
-55.0
-12.9
25.3

0.0
0.0
4.1
1.4
1.2
8.0
41.7
-22.2
-16.2
31.6

0.0
0.0
3.5
1.5
1.2
6.0
43.0
7.1
21.5
33.6

0.0
0.0
3.0
1.5
1.2
6.1
43.7
0.0
14.8
32.9

0.0
0.0
-1.9
-0.8
-1.0
6.6
41.2
-153.3
-13.2
33.3

Indus Dyeing & Manufacturing Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

78

2004

2005

2006

2007

2008

2009

119.3
808.5
927.8
0.0
0.0
525.7
525.7
1453.5

172.1
1507.0
1679.1
0.0
0.0
1712.4
1712.4
3391.5

180.7
1698.3
1879.0
0.0
0.0
1977.6
1977.6
3856.6

180.7
2101.7
2282.4
0.0
0.0
1851.7
1851.7
4134.1

180.7
2120.9
2301.6
0.0
0.0
1933.4
1933.4
4235.0

180.7
2296.4
2477.1
0.0
0.0
1204.7
1204.7
3681.8

29.6
19.4
10.2
450.7
472.4
952.7
840.8
1366.5
111.9
627.3
-811.2

35.2
24.2
11.0
522.9
1248.5
1806.6
1632.0
3344.4
174.6
2876.9
-1596.8

28.7
28.7
0.0
730.4
1467.0
2226.1
2545.4
4523.0
-319.3
3884.7
-2516.7

972.7
41.2
931.5
1001.9
1251.6
3226.2
2549.5
4401.2
676.7
3012.8
-1576.8

977.3
49.3
928.0
1170.5
1511.1
3658.9
2682.1
4615.5
976.8
3404.0
-1704.8

1103.0
66.9
1036.1
834.9
2215.8
4153.7
3526.8
4731.5
626.9
3777.9
-2423.8

2010.6
1341.5
113.9
2294.2

4375.3
3216.9
163.9
5023.5

5642.3
4175.9
339.9
6402.0

5130.6
3457.5
330.9
6683.7

5262.7
3258.3
323.8
6917.2

5360.3
3054.9
309.4
7208.6

3743.3
1358.6
2384.7
3284.0
459.3
3427.6
319.0
52.4
266.6
45.8
11.9
0.0

3920.3
1680.8
2239.5
3174.3
746.0
3354.0
568.5
117.3
451.2
28.5
0.0
0.0

6176.5
1985.0
4191.5
5290.5
886.0
5525.3
675.3
292.9
382.4
69.6
27.1
0.0

6581.9
2351.1
4230.8
5636.8
945.1
5886.0
909.0
369.6
539.4
59.7
0.0
0.0

7312.0
3643.9
3668.1
6413.0
899.0
6780.8
550.7
389.9
160.8
72.4
27.1
31.5

8470.1
4509.8
3960.3
7336.0
1134.1
7738.7
855.8
582.2
273.6
74.9
27.1
0.0

277.6
208.9
68.7

1938.0
422.7
1515.3

465.1
285.7
179.4

277.5
479.7
-202.2

100.9
61.3
39.6

-553.2
171.6
-724.8

322.8
391.5

586.6
2101.9

625.6
805.0

810.6
608.4

385.1
424.7

481.0
-243.8

36.2
113.3
57.1
147.3
11.6
75.3
82.5
777.7
91.6
16.4
1.4
8.4
17.2
6.5
28.7

50.5
110.7
34.2
199.2
9.0
21.8
27.9
975.7
85.6
20.6
3.0
4.1
6.3
7.4
26.9

51.3
87.5
29.8
240.7
6.0
61.4
77.7
1039.8
89.5
43.4
4.7
7.5
18.2
6.7
20.4

44.8
126.5
77.5
192.8
8.1
172.9
133.2
1263.1
89.4
40.7
5.6
12.3
11.1
0.0
23.6

45.7
136.4
80.1
200.5
2.3
60.8
90.7
1273.7
92.7
70.8
5.3
11.5
45.0
11.8
7.0

32.7
117.8
54.9
191.0
3.8
-31.0
-197.3
1370.8
91.4
68.0
6.9
15.4
27.4
6.1
11.0

1855.5
1.3
7.1
22.3
18.5
9.7
163.2
27.4
51.8
77.8

0.0
11.5
26.2
24.6
8.3
78.0
17.5
4.7
97.6

1154.2
1.4
6.2
21.2
17.3
10.6
96.5
-19.1
57.6
104.0

0.0
0.0
8.2
29.9
26.5
7.9
98.5
41.0
6.6
126.3

326.2
1.2
2.2
8.9
4.9
9.4
105.7
-70.2
11.1
127.4

733.2
1.1
3.2
15.1
11.0
9.5
117.5
69.7
15.8
137.1

International Knitwear Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

79

2004

2005

2006

2007

2008

2009

30.0
-15.3
14.7
0.0
0.0
0.0
0.0
14.7

30.0
-15.2
14.8
0.0
0.0
0.0
0.0
14.8

30.0
-14.6
15.4
0.0
0.0
0.0
0.0
15.4

30.0
-8.3
21.7
0.0
0.0
0.0
0.0
21.7

30.0
5.6
35.6
0.0
0.0
0.2
0.2
35.8

30.0
16.7
46.7
0.0
0.0
0.0
0.0
46.7

1.5
1.5
0.0
28.9
12.8
43.2
46.4
46.4
-3.2
6.5
-44.9

1.4
1.4
0.0
28.2
8.8
38.4
42.5
42.5
-4.1
6.1
-41.1

0.6
0.6
0.0
38.3
12.9
51.8
53.8
53.8
-2.0
7.7
-53.2

1.4
1.4
0.0
56.6
14.1
72.1
67.5
67.5
4.6
8.4
-66.1

16.0
16.0
0.0
61.3
10.4
87.7
66.3
66.5
21.4
5.7
-50.3

3.8
3.8
0.0
56.9
7.5
68.2
41.5
41.5
26.7
0.0
-37.7

43.0
18.0
3.7
61.2

48.0
18.8
4.3
57.2

47.5
17.4
3.8
69.2

53.9
17.1
4.4
89.2

55.2
14.4
4.1
102.1

63.1
20.0
4.3
88.2

125.7
66.6
59.1
74.1
51.6
78.9
47.6
1.3
46.3
0.5
0.0
0.0

83.0
20.9
62.1
73.4
9.6
80.7
2.8
1.0
1.8
0.6
0.0
0.0

85.9
51.1
34.8
78.7
7.2
83.1
3.1
1.0
2.1
0.6
0.0
0.0

145.3
77.7
67.6
130.8
14.5
135.1
10.1
2.4
7.7
1.4
0.0
0.0

180.2
96.3
83.9
154.2
26.0
161.3
19.7
3.5
16.2
1.8
0.0
0.0

158.5
86.8
71.7
137.1
21.4
143.6
17.7
5.8
11.9
1.7
2.3
2.3

-5.6
45.8
-51.4

0.1
1.2
-1.1

0.6
1.5
-0.9

6.3
6.3
0.0

14.1
14.4
-0.3

10.9
7.9
3.0

49.5
-1.9

5.5
4.4

5.3
4.4

10.7
10.7

18.5
18.2

12.2
15.2

0.0
93.1
65.5
315.6
75.7
49.0
62.8
2.7
1.0
20.0
1.1
14.3
315.0

0.0
90.4
69.6
287.2
3.1
1200.0
125.0
49.3
97.2
35.7
1.2
16.4
33.3
26.4
12.2

0.0
96.3
72.3
349.4
3.0
250.0
120.5
51.3
96.7
32.3
1.2
13.0
28.6
34.6
13.6

0.0
106.8
85.9
311.1
8.6
100.0
100.0
72.3
93.0
23.8
1.7
28.6
18.2
31.9
35.5

0.6
132.3
116.6
186.8
15.9
102.1
101.6
118.7
89.5
17.8
1.9
61.4
11.1
27.7
45.5

0.0
164.3
146.3
88.9
13.5
72.5
80.3
155.7
90.6
32.8
3.7
0.0
14.3
29.0
25.5

0.0
36.8
15.4
15.3
16.7
205.4
5033.3
53.3
4.9

0.0
2.2
0.6
0.4
23.9
145.1
-96.1
-34.0
4.9

0.0
0.0
2.4
0.7
0.5
20.5
124.1
16.7
3.5
5.1

0.0
0.0
5.3
2.6
2.1
25.3
162.9
271.4
69.2
7.2

0.0
0.0
9.0
5.4
4.8
24.0
176.5
107.7
24.0
11.9

443.5
4.9
7.5
4.0
3.4
29.9
179.7
-25.9
-12.0
15.6

Ishaq Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

80

2004

2005

2006

2007

2008

2009

96.6
379.8
476.4
0.0
0.0
170.4
170.4
646.8

96.6
414.4
511.0
0.0
0.0
292.4
292.4
803.4

96.6
355.0
451.6
0.0
0.0
343.3
343.3
794.9

96.6
373.0
469.6
0.0
0.0
338.1
338.1
807.7

96.6
355.0
451.6
0.0
0.0
451.6
451.6
903.2

96.6
331.8
428.4
0.0
0.0
370.4
370.4
798.8

9.2
9.2
0.0
447.9
415.5
872.6
941.8
1112.2
-69.2
964.3
-932.6

86.8
86.8
0.0
557.2
430.4
1074.4
1053.8
1346.2
20.6
1128.7
-967.0

6.9
6.9
0.0
469.3
438.9
915.1
1037.3
1380.6
-122.2
1096.9
-1030.4

91.1
91.1
0.0
454.3
541.4
1086.8
1200.5
1538.6
-113.7
1093.9
-1109.4

13.7
13.7
0.0
566.3
680.6
1260.6
1227.7
1679.3
32.9
1417.6
-1214.0

9.6
9.6
0.0
507.7
641.7
1159.0
1176.9
1547.3
-17.9
1368.9
-1167.3

1060.6
716.0
58.8
1588.6

1168.3
782.8
38.2
1857.2

1324.3
917.0
55.8
1832.1

1438.6
921.5
69.3
2008.3

1450.4
870.2
67.9
2130.8

1460.9
816.8
64.2
1975.8

1619.1
1619.1
0.0
1481.4
137.7
1534.5
85.7
44.1
41.6
7.5
0.0
0.0

1313.5
692.6
620.9
1155.7
157.8
1208.8
105.1
64.5
40.6
7.4
0.0
0.0

1582.6
935.5
647.1
1388.5
194.1
1453.8
132.2
107.2
25.0
13.3
4.8
0.0

1732.5
1105.3
627.2
1569.3
163.2
1623.0
114.6
120.3
-5.7
9.5
0.0
0.0

2200.7
1243.5
957.2
1960.3
240.4
2047.4
154.1
168.7
-14.6
11.0
0.0
0.0

2389.3
1630.5
758.8
2093.8
295.5
2188.7
209.6
230.2
-20.6
8.1
0.0
0.0

-31.0
34.1
-65.1

156.6
33.2
123.4

-8.5
6.9
-15.4

12.8
-15.2
28.0

95.5
-25.6
121.1

-104.4
-28.7
-75.7

92.9
27.8

71.4
194.8

62.7
47.3

54.1
82.1

42.3
163.4

35.5
-40.2

26.3
92.7
48.5
233.5
2.6
334.2
493.2
94.8
51.5
2.7
4.6
18.0
21.3
8.7

36.4
102.0
61.1
263.4
2.2
21.2
36.7
529.0
92.0
61.4
4.9
5.7
18.2
34.0
7.9

43.2
88.2
45.9
305.7
1.4
-81.2
132.6
467.5
91.9
81.1
6.8
9.8
53.2
2.8
5.5

41.9
90.5
45.4
327.6
-0.3
-118.8
65.9
486.1
93.7
105.0
6.9
11.0
-166.7
20.8
-1.2

50.0
102.7
47.2
371.9
-0.7
-26.8
25.9
467.5
93.0
109.5
7.7
11.9
-75.3
20.6
-3.2

46.4
98.5
44.0
361.2
-1.0
27.5
-88.3
443.5
91.6
109.8
9.6
16.8
-39.3
17.0
-4.8

0.0
2.6
4.3
3.5
8.1
101.9
13.2
11.0
49.3

0.0
3.1
4.2
3.4
5.3
70.7
-2.3
-18.9
52.9

243.8
1.1
1.6
2.6
1.2
7.1
86.4
-38.1
20.5
46.7

0.0
0.0
-0.3
-0.6
-1.6
7.6
86.3
-123.1
9.5
48.6

0.0
0.0
-0.7
-1.5
-2.7
7.4
103.3
150.0
27.0
46.7

0.0
0.0
-0.9
-2.1
-3.0
7.4
120.9
40.0
8.6
44.3

Ishtiaq Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

81

2004

2005

2006

2007

2008

2009

42.5
-23.6
18.9
0.0
0.0
86.9
86.9
105.8

42.5
-15.2
27.3
0.0
0.0
77.0
77.0
104.3

42.5
99.8
142.3
0.0
0.0
56.4
56.4
198.7

42.5
97.7
140.2
0.0
0.0
17.8
17.8
158.0

42.5
89.4
131.9
0.0
0.0
88.7
88.7
220.6

42.5
54.6
97.1
0.0
0.0
0.0
0.0
97.1

8.2
8.2
0.0
69.6
28.5
106.3
181.3
268.2
-75.0
106.5
-173.1

2.7
2.7
0.0
57.7
76.9
137.3
207.7
284.7
-70.4
149.1
-205.0

0.8
0.8
0.0
79.2
78.6
158.6
289.9
346.3
-131.3
149.2
-289.1

0.7
0.7
0.0
96.6
78.3
175.6
330.4
348.2
-154.8
108.4
-329.7

0.7
0.7
0.0
110.3
63.5
174.5
246.8
335.5
-72.3
180.2
-246.1

3.7
3.7
0.0
83.8
105.3
192.8
369.5
369.5
-176.7
135.6
-365.8

360.9
180.6
13.1
286.9

364.5
174.8
9.7
312.1

534.4
329.9
14.8
488.5

538.9
312.9
21.5
488.5

539.0
292.8
20.1
467.3

538.9
273.8
18.9
466.6

645.6
645.6
0.0
636.2
9.4
644.9
0.7
12.3
-11.6
2.8
0.0
0.0

390.5
390.5
0.0
365.1
25.4
370.9
19.8
9.4
10.4
1.7
0.0
0.0

535.9
535.9
0.0
502.9
33.0
511.1
24.8
15.9
8.9
2.7
0.0
0.0

549.3
549.3
0.0
521.0
28.3
530.3
19.0
24.2
-5.2
2.7
0.0
0.0

531.5
531.5
0.0
519.5
12.0
527.8
3.7
15.4
-11.7
2.7
0.0
0.0

226.4
226.4
0.0
239.9
-13.5
246.7
-20.3
20.1
-40.4
0.0
0.0
0.0

-16.1
-14.4
-1.7

-1.5
8.7
-10.2

94.4
6.2
88.2

-40.7
-7.9
-32.8

62.6
-14.4
77.0

-123.5
-40.4
-83.1

-1.3
-3.0

18.4
8.2

21.0
109.2

13.6
-19.2

5.7
82.7

-21.5
-104.6

82.1
58.6
42.9
1419.0
-4.0
44.5
99.9
1757.1
1.9
11.5
3.6
-61.4

73.8
66.1
29.1
1042.9
3.3
224.4
64.2
95.0
47.5
2.4
6.3
16.3
4.6
38.1

28.4
54.7
27.6
243.4
1.8
6.6
19.2
334.8
95.4
64.1
3.0
10.7
30.3
6.2
6.3

11.3
53.1
29.4
248.4
-1.1
19.4
-70.8
329.9
96.5
127.4
4.4
22.3
-51.9
8.7
-3.7

40.2
70.7
45.0
254.4
-2.5
-23.0
6.9
310.4
99.3
416.2
2.9
8.5
-23.1
11.0
-8.9

0.0
52.2
23.7
380.5
-8.7
32.7
20.6
228.5
109.0
-99.0
8.9
14.8
0.0
12.3
-41.6

0.0
-1.8
-2.7
-3.4
7.1
225.0
12.5
31.8
4.4

0.0
2.7
2.4
2.0
5.4
125.1
-188.9
-39.5
6.4

0.0
0.0
1.7
2.1
1.5
8.5
109.7
-12.5
37.2
33.5

0.0
0.0
-0.9
-1.2
-1.9
6.5
112.4
-157.1
2.5
33.0

0.0
0.0
-2.2
-2.8
-3.4
6.4
113.7
133.3
-3.2
31.0

0.0
0.0
-17.8
-9.5
-9.5
6.5
48.5
239.3
-57.4
22.8

Island Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

82

2004

2005

2006

2007

2008

2009

5.0
232.9
237.9
0.0
0.0
189.2
189.2
427.1

5.0
233.6
238.6
0.0
0.0
132.7
132.7
371.3

5.0
190.8
195.8
0.0
0.0
135.6
135.6
331.4

5.0
216.3
221.3
0.0
0.0
61.1
61.1
282.4

5.0
344.9
349.9
0.0
0.0
284.8
284.8
634.7

5.0
351.6
356.6
0.0
0.0
169.8
169.8
526.4

6.1
4.1
2.0
173.5
261.8
441.4
421.2
610.4
20.2
478.3
-415.1

13.4
10.5
2.9
198.6
219.7
431.7
446.8
579.5
-15.1
408.6
-433.4

34.7
16.1
18.6
178.0
134.5
347.2
378.1
513.7
-30.9
347.5
-343.4

40.6
23.1
17.5
239.6
242.2
522.4
585.5
646.6
-63.1
406.9
-544.9

29.2
11.0
18.2
299.6
327.0
655.8
615.9
900.7
39.9
737.1
-586.7

141.2
10.7
130.5
188.3
370.8
700.3
751.9
921.7
-51.6
633.6
-610.7

467.1
407.0
42.4
848.4

475.9
386.4
30.3
818.1

479.9
362.3
30.3
709.5

496.0
345.4
27.2
867.8

610.9
594.7
25.6
1250.5

632.4
578.1
1.7
1278.4

943.9
846.1
97.8
876.2
67.7
902.3
42.3
25.0
17.3
4.2
1.3
0.0

798.7
615.7
183.0
733.2
65.5
768.0
31.1
25.3
5.8
3.6
1.3
0.0

980.1
710.3
269.8
846.8
133.3
898.7
81.9
53.6
28.3
9.4
1.3
0.0

1007.6
676.0
331.6
875.4
132.2
942.1
74.0
55.7
18.3
11.1
1.3
0.0

1025.0
544.6
480.4
868.1
156.9
1011.3
23.3
56.5
-33.2
5.7
0.0
0.0

1245.2
885.4
359.8
1131.9
113.3
1241.3
-3.0
137.1
-140.1
3.5
0.0
0.0

95.7
11.8
83.9

-55.8
0.9
-56.7

-39.9
17.6
-57.5

-49.0
5.9
-54.9

352.3
-38.9
391.2

-108.3
-143.6
35.3

54.2
138.1

31.2
-25.5

47.9
-9.6

33.1
-21.8

-13.3
377.9

-141.9
-106.6

44.3
104.8
42.6
256.6
2.0
12.3
39.2
4758.0
95.6
59.1
2.6
5.2
24.3
12.0
7.3

35.7
96.6
47.4
242.9
0.7
4772.0
96.2
81.4
3.2
6.2
62.1
16.3
2.4

40.9
91.8
56.3
262.4
4.0
-44.1
-499.0
3916.0
91.7
65.4
5.5
15.4
33.2
11.4
14.5

21.6
89.2
47.9
292.2
2.1
-12.0
-151.8
4426.0
93.5
75.3
5.5
13.7
60.7
16.3
8.3

44.9
106.5
53.4
257.4
-2.7
-11.0
-3.5
6998.0
98.7
242.5
5.5
7.7
-17.2
16.0
-9.5

32.3
93.1
43.8
258.5
-11.0
132.6
133.1
7132.0
99.7
-4570.0
11.0
21.6
-2.5
9.6
-39.3

1007.7
0.5
1.8
34.6
26.2
12.2
111.3
-64.9
43.5
475.8

169.2
0.5
0.7
11.6
4.4
7.4
97.6
-66.5
-15.4
477.2

1453.8
0.7
2.9
56.6
37.8
7.8
138.1
387.9
22.7
391.6

553.8
0.6
1.8
36.6
14.4
7.5
116.1
-35.3
2.8
442.6

0.0
0.0
-3.2
-66.4
-77.8
7.4
82.0
-281.4
1.7
699.8

0.0
0.0
-11.3
-280.2
-287.2
0.3
97.4
322.0
21.5
713.2

J.A. Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

83

2004

2005

2006

2007

2008

2009

126.0
-154.1
-28.1
0.0
0.0
15.1
15.1
-13.0

126.0
-131.1
-5.1
0.0
0.0
15.1
15.1
10.0

126.0
-167.9
-41.9
0.0
0.0
215.5
215.5
173.6

126.0
17.0
143.0
0.0
0.0
15.1
15.1
158.1

126.0
-13.6
112.4
0.0
0.0
15.1
15.1
127.5

126.0
-50.4
75.6
0.0
0.0
15.1
15.1
90.7

2.4
2.4
0.0
15.3
16.6
34.3
254.7
269.8
-220.4
15.1
-252.3

9.5
9.4
0.1
20.5
34.0
64.0
259.8
274.9
-195.8
15.1
-250.3

1.6
1.4
0.2
51.0
13.2
65.8
83.2
298.7
-17.4
215.5
-81.6

20.9
20.9
0.0
64.7
15.2
100.8
312.4
327.5
-211.6
15.1
-291.5

14.9
14.9
0.0
53.1
26.4
94.4
299.1
314.2
-204.7
15.1
-284.2

9.7
9.7
0.0
24.6
13.6
47.9
262.5
277.6
-214.6
15.1
-252.8

286.5
207.4
9.7
241.7

309.5
205.9
8.4
269.9

315.2
191.0
20.6
256.8

387.7
369.7
21.3
470.5

387.9
332.2
37.4
426.6

387.9
305.4
27.3
353.3

264.7
245.3
19.4
298.7
-34.0
307.4
-39.0
2.8
-41.8
1.2
0.0
0.0

221.9
154.6
67.3
209.1
12.8
221.7
0.2
2.2
-2.0
1.4
0.0
0.0

470.0
470.0
0.0
437.0
33.0
457.4
12.9
3.0
9.9
3.8
0.0
0.0

497.6
446.2
51.4
471.6
26.0
487.0
15.2
3.0
12.2
2.5
0.0
0.0

572.4
549.1
23.3
590.5
-18.1
603.1
-30.7
3.1
-33.8
2.8
0.0
0.0

480.3
433.1
47.2
509.7
-29.4
521.1
-40.8
0.2
-41.0
0.6
0.0
0.0

-68.3
-43.0
-25.3

23.0
-3.4
26.4

163.6
6.1
157.5

-15.5
9.7
-25.2

-30.6
-36.6
6.0

-36.8
-41.6
4.8

-33.3
-58.6

5.0
31.4

26.7
184.2

31.0
5.8

0.8
6.8

-14.3
-9.5

13.5
6.9
-17.3
-22.3
116.1
1.1
18.5
1.1
-

151.0
24.6
11.5
-0.7
-14.8
15.9
-4.0
99.9
1100.0
1.0
14.6
0.8
-

124.1
79.1
63.2
0.0
3.9
3.7
14.5
-33.3
97.3
23.3
0.6
1.4
38.4
0.5
0.0

9.6
32.3
27.4
229.0
2.6
-62.6
534.5
113.5
97.9
19.7
0.6
19.9
20.5
1.4
8.5

11.8
31.6
22.7
279.5
-7.9
119.6
11.8
89.2
105.4
-10.1
0.5
20.5
-8.3
0.0
-30.1

16.6
18.2
13.1
367.2
-11.6
113.0
150.5
60.0
108.5
-0.5
0.0
1.3
-1.5
0.0
-54.2

-15.8
-3.3
-3.4
4.9
109.5
-925.0
-26.3
-2.2

-0.9
-0.2
-0.3
4.1
82.2
-93.9
-16.2
-0.4

0.0
0.0
2.1
0.8
0.5
10.0
183.0
-500.0
111.8
-3.3

0.0
0.0
2.5
1.0
0.8
11.2
105.8
25.0
5.9
11.3

0.0
0.0
-5.9
-2.7
-2.9
10.1
134.2
-370.0
15.0
8.9

0.0
0.0
-8.5
-3.3
-3.3
8.2
135.9
22.2
-16.1
6.0

J.K. Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

84

2004

2005

2006

2007

2008

2009

70.0
276.5
346.5
0.0
0.0
52.9
52.9
399.4

70.0
268.9
338.9
0.0
0.0
121.6
121.6
460.5

70.0
202.6
272.6
0.0
0.0
242.8
242.8
515.4

70.0
413.8
483.8
0.0
0.0
98.9
98.9
582.7

70.0
371.3
441.3
0.0
0.0
192.8
192.8
634.1

70.0
351.3
421.3
0.0
0.0
73.7
73.7
495.0

27.6
27.6
0.0
134.8
157.0
319.4
313.0
365.9
6.4
240.6
-285.4

40.8
40.8
0.0
228.6
134.1
403.5
400.3
521.9
3.2
393.3
-359.5

7.6
7.6
0.0
280.2
122.2
410.0
612.3
855.1
-202.3
615.1
-604.7

9.8
9.8
0.0
253.6
122.4
385.8
814.3
913.2
-428.5
387.6
-804.5

20.8
20.8
0.0
221.4
181.4
423.6
740.8
933.6
-317.2
484.2
-720.0

5.2
5.2
0.0
291.4
107.4
404.0
837.5
911.2
-433.5
334.1
-832.3

404.3
393.1
14.8
712.5

480.0
457.2
11.9
860.7

759.7
717.7
19.3
1127.7

1012.5
1011.2
29.4
1397.0

997.7
951.3
48.8
1374.9

1044.3
928.5
47.3
1332.5

660.1
388.2
271.9
614.9
45.2
634.0
29.3
22.2
7.1
6.2
0.0
0.0

415.9
98.3
317.6
368.0
47.9
403.1
14.2
19.5
-5.3
3.9
0.0
0.0

614.8
614.8
0.0
539.9
74.9
601.4
10.8
51.9
-41.1
7.0
0.0
0.0

637.1
366.8
270.3
515.9
121.2
555.0
91.6
77.3
14.3
8.7
0.0
0.0

747.6
615.4
132.2
646.2
101.4
675.4
81.3
91.7
-10.4
4.9
0.0
0.0

835.2
687.7
147.5
743.5
91.7
779.9
70.2
71.8
-1.6
1.3
0.0
0.0

102.5
0.9
101.6

61.1
-9.2
70.3

54.9
-48.1
103.0

67.3
5.6
61.7

51.4
-15.3
66.7

-139.1
-2.9
-136.2

15.7
117.3

2.7
73.0

-28.8
74.2

35.0
96.7

33.5
100.2

44.4
-91.8

13.2
102.0
51.9
105.6
1.0
0.9
13.4
495.0
96.0
75.8
3.4
9.2
87.3
12.5
2.0

26.4
100.8
67.3
154.0
-0.6
-15.1
3.7
484.1
96.9
137.3
4.7
5.0
41.8
-1.6

47.1
67.0
47.0
313.7
-3.6
-87.6
-38.8
389.4
97.8
480.6
8.4
8.4
-17.0
32.5
-15.1

17.0
47.4
32.3
188.8
1.0
8.3
36.2
691.1
87.1
84.4
12.1
19.9
60.8
19.8
3.0

30.4
57.2
32.7
211.6
-0.8
-29.8
33.4
630.4
90.3
112.8
12.3
18.9
-47.1
12.9
-2.4

14.9
48.2
35.4
216.3
-0.1
2.1
-48.4
601.9
93.4
102.3
8.6
21.5
-81.3
18.0
-0.4

0.0
1.1
1.0
0.1
5.1
92.6
11.1
29.1
49.5

0.0
-1.3
-0.8
-1.3
3.0
48.3
-180.0
-37.0
48.4

0.0
0.0
-6.7
-5.9
-6.9
4.2
54.5
637.5
47.8
38.9

0.0
0.0
2.2
2.0
0.8
4.1
45.6
-133.9
3.6
69.1

0.0
0.0
-1.4
-1.5
-2.2
4.8
54.4
-175.0
17.3
63.0

0.0
0.0
-0.2
-0.2
-0.4
5.0
62.7
-86.7
11.7
60.2

Janana De Malucho Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

85

2004

2005

2006

2007

2008

2009

28.7
555.6
584.3
0.1
0.0
0.0
0.1
584.4

28.8
655.3
684.1
0.0
0.0
351.1
351.1
1035.2

28.8
517.1
545.9
0.0
0.0
356.7
356.7
902.6

31.7
858.0
889.7
0.1
16.5
360.9
377.5
1267.2

31.7
869.4
901.1
0.0
0.0
478.8
478.8
1379.9

31.7
800.1
831.8
0.0
0.0
326.3
326.3
1158.1

12.9
3.2
9.7
112.1
138.1
263.1
478.6
478.7
-215.5
140.5
-465.7

12.0
2.3
9.7
90.6
325.1
427.7
571.5
922.6
-143.8
755.5
-559.5

36.7
9.8
26.9
78.5
308.0
423.2
746.7
1103.4
-323.5
879.8
-710.0

33.8
4.8
29.0
101.1
379.0
513.9
794.7
1172.2
-280.8
846.2
-760.9

46.1
5.1
41.0
127.8
430.8
604.7
748.8
1227.6
-144.1
1063.3
-702.7

14.0
3.2
10.8
102.9
358.9
475.8
819.2
1145.5
-343.4
881.3
-805.2

1007.1
799.9
50.1
1063.0

1420.6
1179.0
37.1
1606.7

1556.2
1226.0
93.0
1649.2

1836.4
1548.0
50.4
2061.9

1825.3
1524.0
55.0
2128.7

1885.1
1501.5
53.6
1977.3

728.3
728.3
0.0
661.0
67.3
692.7
42.8
6.1
36.7
15.4
0.0
0.0

523.8
523.8
0.0
488.9
34.9
517.3
11.1
20.6
-9.5
2.3
0.0
0.0

970.4
970.4
0.0
901.7
68.7
934.2
39.2
83.5
-44.3
4.9
0.0
0.0

1079.6
1079.6
0.0
934.3
145.3
971.7
112.8
106.6
6.2
5.4
0.0
10.1

1130.6
1130.6
0.0
979.0
151.6
1020.5
113.2
93.8
19.4
5.6
0.0
0.0

1071.7
1071.7
0.0
1010.1
61.6
1050.8
-5.6
143.5
-149.1
0.0
0.0
0.0

280.9
21.3
259.6

450.8
-11.8
462.6

-132.6
-49.2
-83.4

364.6
0.8
363.8

112.7
13.8
98.9

-221.8
-149.1
-72.7

71.4
331.0

25.3
487.9

43.8
-39.6

51.2
415.0

68.8
167.7

-95.5
-168.2

0.0
55.0
26.1
81.9
3.5
7.6
21.6
2035.9
95.1
14.3
0.8
4.3
42.0
0.5
6.3

33.9
74.8
18.0
134.9
-0.6
-2.6
5.2
2375.3
98.8
185.6
3.9
2.7
0.4
-1.4

39.5
56.7
15.4
202.1
-2.7
37.1
-110.6
1895.5
96.3
213.0
8.6
9.5
-11.1
0.6
-8.1

29.8
64.7
17.0
131.8
0.3
0.2
12.3
2806.6
90.0
94.5
9.9
12.6
87.1
2.1
0.7

34.7
80.8
23.2
136.2
0.9
12.2
41.0
2842.6
90.3
82.9
8.3
8.8
28.9
3.3
2.2

28.2
58.1
14.3
137.7
-7.5
67.2
56.8
2624.0
98.0
-2562.5
13.4
16.3
0.0
2.5
-17.9

0.0
5.0
12.8
7.4
14.1
68.5
-12.9
26.0
203.6

0.0
-1.8
-3.3
-4.1
4.6
32.6
-125.8
-28.1
237.5

0.0
0.0
-4.6
-15.4
-17.1
7.9
58.8
366.7
85.3
189.5

0.0
0.0
0.6
2.0
0.3
4.5
52.4
-113.0
11.3
280.7

0.0
0.0
1.7
6.1
4.4
3.5
53.1
205.0
4.7
284.3

0.0
0.0
-13.9
-47.0
-47.0
3.5
54.2
-870.5
-5.2
262.4

Jubilee Spinning & Weaving Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

86

2004

2005

2006

2007

2008

2009

70.2
-147.2
-77.0
0.0
0.0
182.4
182.4
105.4

70.2
-154.8
-84.6
0.0
0.0
162.5
162.5
77.9

70.2
174.0
244.2
0.0
0.0
141.2
141.2
385.4

70.2
-35.0
35.2
0.0
0.0
288.5
288.5
323.7

70.2
289.1
359.3
0.0
0.0
154.0
154.0
513.3

324.9
331.2
656.1
0.0
0.0
57.2
57.2
713.3

92.9
1.1
91.8
75.3
32.2
200.4
324.8
507.2
-124.4
192.7
-231.9

107.7
3.5
104.2
45.2
30.3
183.2
336.5
499.0
-153.3
198.6
-228.8

95.6
5.8
89.8
52.8
40.9
189.3
375.4
516.6
-186.1
189.4
-279.8

5.4
5.4
0.0
69.6
22.3
97.3
310.8
599.3
-213.5
295.2
-305.4

6.0
5.4
0.6
111.2
30.7
147.9
301.5
455.5
-153.6
154.0
-295.5

56.5
8.0
48.5
197.7
28.6
282.8
219.1
276.3
63.7
97.7
-162.6

340.7
229.8
18.9
430.2

451.0
231.1
111.0
414.3

713.6
571.4
22.3
760.7

570.6
537.4
24.3
634.7

857.2
667.0
200.6
814.9

872.0
649.7
21.7
932.5

540.4
540.4
0.0
523.9
16.5
540.9
46.7
12.3
34.4
2.7
0.0
0.0

436.5
436.5
0.0
413.0
23.5
430.1
15.3
10.2
5.1
2.2
0.0
0.0

581.3
581.3
0.0
556.3
25.0
570.9
12.0
16.8
-4.8
2.9
0.0
0.0

651.2
651.2
0.0
658.8
-7.6
671.9
22.6
13.5
9.1
4.8
0.0
0.0

751.9
751.9
0.0
741.3
10.6
755.4
9.5
9.4
0.1
3.8
0.0
0.0

763.3
763.3
0.0
707.4
55.9
754.4
34.9
10.8
24.1
1.3
0.0
0.0

-29.6
31.7
-61.3

-27.5
2.9
-30.4

307.5
-7.7
315.2

-61.7
4.3
-66.0

189.6
-3.7
193.3

200.0
22.8
177.2

50.6
-10.7

113.9
83.5

14.6
329.8

28.6
-37.4

196.9
390.2

44.5
221.7

173.1
61.7
51.8
8.0
-109.7
100.1
26.3
2.3
6.4
7.8
8.2
-

208.6
54.4
45.4
1.2
136.4
-120.5
98.5
66.7
2.3
5.1
43.1
4.8
-

36.6
50.4
39.5
211.5
-0.6
-2.5
4.4
347.9
98.2
140.0
2.9
8.9
-60.4
1.5
-2.0

89.1
31.3
24.1
1702.6
1.4
-7.0
-76.5
50.1
103.2
59.7
2.1
4.6
52.7
1.1
25.9

30.0
49.1
38.9
126.8
0.0
-2.0
50.5
511.8
100.5
98.9
1.3
6.1
3800.0
1.3
0.0

8.0
129.1
116.0
42.1
2.6
11.4
20.1
201.9
98.8
30.9
1.4
11.1
5.4
0.0
3.7

6.4
4.9
4.5
7.6
125.6
-208.9
23.4
-11.0

1.2
0.7
0.4
48.3
105.4
-85.7
-19.2
-12.1

0.0
0.0
-0.8
-0.7
-1.1
9.6
76.4
-200.0
33.2
34.8

0.0
0.0
1.4
1.3
0.6
4.3
102.6
-285.7
12.0
5.0

0.0
0.0
0.0
0.0
-0.5
37.3
92.3
-100.0
15.5
51.2

0.0
0.0
3.2
0.7
0.7
3.3
81.9
0.0
1.5
20.2

Karim Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

87

2004

2005

2006

2007

2008

2009

11.8
-12.2
-0.4
0.0
0.0
0.0
0.0
-0.4

11.8
-12.2
-0.4
0.0
0.0
0.0
0.0
-0.4

11.8
-12.3
-0.5
0.0
0.0
0.0
0.0
-0.5

11.8
-12.4
-0.6
0.0
0.0
0.0
0.0
-0.6

11.8
-12.5
-0.7
0.0
0.0
0.0
0.0
-0.7

11.8
-12.7
-0.9
0.0
0.0
0.0
0.0
-0.9

0.0
0.0
0.0
0.1
0.0
0.1
0.5
0.5
-0.4
0.0
-0.5

0.0
0.0
0.0
0.1
0.0
0.1
0.5
0.5
-0.4
0.0
-0.5

0.0
0.0
0.0
0.1
0.0
0.1
0.6
0.6
-0.5
0.0
-0.6

0.0
0.0
0.0
0.1
0.0
0.1
0.7
0.7
-0.6
0.0
-0.7

0.0
0.0
0.0
0.1
0.0
0.1
0.8
0.8
-0.7
0.0
-0.8

14.2
14.2
0.0
67.3
0.0
81.5
82.4
82.4
-0.9
0.0
-68.2

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.1

0.0
0.0
0.0
81.5

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.0
-0.1
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
0.0
0.0
0.1
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

3.8
-0.1
3.9

0.0
0.0
0.0

-0.1
-0.1
0.0

-0.1
-0.1
0.0

-0.1
-0.1
0.0

-0.2
-0.2
0.0

-0.1
3.8

0.0
0.0

-0.1
-0.1

-0.1
-0.1

-0.1
-0.1

-0.2
-0.2

20.0
20.0
-100.0
-2.6
-2.6
-3.4
-

20.0
20.0
0.0
-3.4
-

0.0
16.7
16.7
0.0
-100.0
100.0
100.0
-4.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
14.3
14.3
0.0
-100.0
100.0
100.0
-5.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
12.5
12.5
0.0
-100.0
100.0
100.0
-5.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
98.9
98.9
0.0
-0.2
100.0
100.0
-7.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-0.1
-0.1
0.0
0.0
0.0
-0.3

0.0
0.0
0.0
0.0
-100.0
-0.3

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
-0.4

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
-0.5

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
-0.6

0.0
0.0
0.0
-0.2
-0.2
0.0
0.0
100.0
-0.8

Khalid Siraj Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

88

2004

2005

2006

2007

2008

2009

107.0
140.0
247.0
0.0
0.0
28.8
28.8
275.8

107.0
166.2
273.2
0.0
0.0
39.0
39.0
312.2

107.0
49.0
156.0
0.0
0.0
25.7
25.7
181.7

107.0
15.6
122.6
0.0
0.0
14.2
14.2
136.8

107.0
138.3
245.3
0.0
0.0
101.7
101.7
347.0

107.0
54.9
161.9
0.0
0.0
0.3
0.3
162.2

2.6
2.6
0.0
163.4
72.8
238.8
210.5
239.3
28.3
111.5
-207.9

3.6
3.6
0.0
134.8
133.5
271.9
208.2
247.2
63.7
138.2
-204.6

4.0
4.0
0.0
201.0
73.2
278.2
325.4
351.1
-47.2
158.0
-321.4

2.8
2.8
0.0
210.8
52.6
266.2
354.2
368.4
-88.0
119.9
-351.4

2.5
2.5
0.0
158.7
47.1
208.3
335.0
436.7
-126.7
195.1
-332.5

1.7
1.7
0.0
112.5
2.5
116.7
383.5
383.8
-266.8
31.8
-381.8

341.5
247.5
27.3
486.3

361.3
248.5
10.1
520.4

365.8
228.9
12.5
507.1

381.1
224.9
11.0
491.1

381.0
473.8
13.9
682.1

368.4
429.1
8.3
545.8

4.2
0.0
4.2
469.2
-465.0
484.5
-476.7
10.5
-487.2
2.0
0.0
0.0

301.3
251.5
49.8
285.9
15.4
296.8
5.0
11.8
-6.8
1.5
0.0
0.0

425.3
395.8
29.5
424.9
0.4
440.3
-14.3
24.1
-38.4
2.1
0.0
0.0

494.0
479.2
14.8
500.6
-6.6
515.7
-24.3
21.8
-46.1
2.5
0.0
0.0

657.7
639.6
18.1
691.9
-34.2
715.8
-57.9
19.3
-77.2
3.3
0.0
0.0

431.3
431.0
0.3
487.5
-56.2
500.7
-72.1
22.1
-94.2
2.2
0.0
0.0

-23.1
-489.2
466.1

36.4
-8.3
44.7

-130.5
-40.5
-90.0

-44.9
-48.6
3.7

210.2
-80.5
290.7

-184.8
-96.4
-88.4

-461.9
4.2

1.8
46.5

-28.0
-118.0

-37.6
-33.9

-66.6
224.1

-88.1
-176.5

10.4
113.4
78.9
96.9
-100.2
-10997.6
230.8
11535.7
250.0
9.4
445.2
-197.2

12.5
130.6
66.5
90.5
-1.3
-22.8
3.9
255.3
98.5
236.0
3.9
8.5
5.7
-2.5

14.1
85.5
63.0
225.1
-7.6
31.0
23.7
145.8
103.5
-168.5
5.7
15.3
-5.5
4.9
-24.6

10.4
75.2
60.3
300.5
-9.4
108.2
110.9
114.6
104.4
-89.7
4.4
18.2
-5.4
6.8
-37.6

29.3
62.2
48.1
178.0
-11.3
-38.3
-29.7
229.3
108.8
-33.3
2.9
9.9
-4.3
1.2
-31.5

0.2
30.4
29.8
237.1
-17.3
52.2
49.9
151.3
116.1
-30.7
5.1
69.5
-2.3
0.0
-58.2

0.0
-11600.0
-45.5
-45.7
10.8
0.9
1968.2
-98.7
23.1

0.0
-2.3
-0.6
-0.8
4.1
57.9
-98.7
7073.8
25.5

0.0
0.0
-9.0
-3.6
-3.8
5.0
83.9
500.0
41.2
14.6

0.0
0.0
-9.3
-4.3
-4.5
4.8
100.6
19.4
16.2
11.5

0.0
0.0
-11.7
-7.2
-7.5
6.2
96.4
67.4
33.1
22.9

0.0
0.0
-21.8
-8.8
-9.0
1.8
79.0
22.2
-34.4
15.1

Khurshid Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

89

2004

2005

2006

2007

2008

2009

131.7
-108.5
23.2
0.0
0.0
86.5
86.5
109.7

131.7
134.1
265.8
0.0
0.0
90.4
90.4
356.2

131.7
-12.6
119.1
0.0
0.0
127.9
127.9
247.0

131.7
-101.1
30.6
0.0
0.0
111.5
111.5
142.1

131.7
-169.1
-37.4
0.0
0.0
253.6
253.6
216.2

131.7
-261.7
-130.0
0.0
0.0
268.7
268.7
138.7

13.6
13.6
0.0
43.1
79.1
135.8
228.4
314.9
-92.6
126.6
-214.8

20.7
20.7
0.0
26.8
72.0
119.5
189.3
279.7
-69.8
173.3
-168.6

1.5
1.5
0.0
19.5
80.7
101.7
281.6
409.5
-179.9
229.1
-280.1

4.4
4.4
0.0
23.9
69.6
97.9
365.8
477.3
-267.9
211.0
-361.4

3.3
3.3
0.0
30.0
99.2
132.5
289.8
543.4
-157.3
363.9
-286.5

0.9
0.9
0.0
-39.3
92.2
53.8
298.3
567.0
-244.5
325.8
-297.4

391.9
202.4
22.4
338.2

473.1
426.0
21.1
545.5

518.3
426.9
44.7
528.6

545.2
410.2
43.7
508.1

550.6
373.7
41.8
506.2

539.3
383.2
36.1
437.0

369.5
369.5
0.0
352.8
16.7
366.6
3.5
10.6
-7.1
1.8
0.0
0.0

373.9
373.9
0.0
335.6
38.3
347.0
26.9
16.4
10.5
2.8
0.0
0.0

408.4
408.4
0.0
405.8
2.6
425.8
-17.0
22.4
-39.4
2.0
0.0
0.0

405.4
405.4
0.0
454.8
-49.4
472.8
-66.9
22.0
-88.9
2.0
0.0
0.0

378.6
378.6
0.0
397.9
-19.3
416.3
-37.7
30.0
-67.7
1.9
0.0
0.0

292.9
292.9
0.0
346.6
-53.7
359.1
-65.5
34.9
-100.4
0.0
0.0
0.0

25.9
-8.9
34.8

246.5
7.7
238.8

-109.2
-41.4
-67.8

-104.9
-90.9
-14.0

74.1
-69.6
143.7

-77.5
-100.4
22.9

13.5
48.3

28.8
267.6

3.3
-64.5

-47.2
-61.2

-27.8
115.9

-64.3
-41.4

78.9
59.5
24.8
1357.3
-2.1
-34.4
28.0
17.6
99.2
302.9
2.9
8.4
6.1
-30.6

25.4
63.1
25.1
105.2
1.9
3.1
10.8
201.8
92.8
61.0
4.4
9.5
26.7
3.9
4.0

51.8
36.1
7.5
343.8
-7.5
37.9
-5.1
90.4
104.3
-131.8
5.5
9.8
-5.1
0.3
-33.1

78.5
26.8
7.7
1559.8
-17.5
86.7
77.1
23.2
116.6
-32.9
5.4
10.4
-2.2
0.8
-290.5

117.3
45.7
11.5
0.0
-13.4
-93.9
-24.0
-28.4
110.0
-79.6
7.9
8.2
-2.8
1.4
0.0

193.7
18.0
-12.9
0.0
-23.0
129.5
155.3
-98.7
122.6
-53.3
11.9
10.7
0.0
1.1
0.0

0.0
-1.9
-0.5
-0.7
16.2
109.3
-28.6
1.7
1.8

0.0
2.8
0.8
0.6
10.4
68.5
-260.0
1.2
20.2

0.0
0.0
-9.6
-3.0
-3.1
10.5
77.3
-475.0
9.2
9.0

0.0
0.0
-21.9
-6.8
-6.9
10.2
79.8
126.7
-0.7
2.3

0.0
0.0
-17.9
-5.1
-5.3
10.2
74.8
-25.0
-6.6
-2.8

0.0
0.0
-34.3
-7.6
-7.6
9.7
67.0
49.0
-22.6
-9.9

Khyber Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

90

2004

2005

2006

2007

2008

2009

12.3
-5.0
7.3
0.0
0.0
0.0
0.0
7.3

12.3
-9.4
2.9
0.0
0.0
0.0
0.0
2.9

12.3
-27.4
-15.1
0.0
0.0
0.0
0.0
-15.1

12.3
0.3
12.6
0.0
0.0
0.0
0.0
12.6

12.3
0.3
12.6
0.0
0.0
9.0
9.0
21.6

12.3
-49.2
-36.9
0.0
0.0
0.0
0.0
-36.9

7.2
7.2
0.0
28.8
27.4
63.4
114.3
114.3
-50.9
20.0
-107.1

2.1
2.1
0.0
3.3
73.7
79.1
129.9
129.9
-50.8
19.9
-127.8

3.7
3.7
0.0
22.5
45.6
71.8
135.3
135.3
-63.5
23.1
-131.6

4.2
4.2
0.0
17.1
18.0
39.3
67.9
67.9
-28.6
11.0
-63.7

0.2
0.2
0.0
11.9
0.0
12.1
31.8
40.8
-19.7
9.0
-31.6

0.1
0.1
0.0
15.9
0.0
16.0
83.6
83.6
-67.6
0.0
-83.5

324.0
58.1
6.5
121.5

324.0
53.7
4.4
132.8

324.0
48.3
5.4
120.1

316.2
41.2
4.6
80.5

316.2
41.2
0.0
53.3

219.3
30.7
0.0
46.7

455.6
455.6
0.0
442.7
12.9
450.0
5.6
2.4
3.2
2.0
0.0
0.0

258.9
258.9
0.0
257.1
1.8
260.2
-1.3
1.8
-3.1
1.1
0.0
0.0

406.0
406.0
0.0
398.2
7.8
402.1
4.0
3.0
1.0
2.0
0.0
0.0

461.6
461.6
0.0
466.4
-4.8
474.0
-2.1
2.6
-4.7
2.4
0.0
0.0

14.7
14.7
0.0
22.1
-7.4
24.4
-8.5
0.2
-8.7
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
13.3
-6.0
0.0
-6.0
0.0
0.0
0.0

-2.2
1.2
-3.4

-4.4
-4.2
-0.2

-18.0
-1.0
-17.0

27.7
-7.1
34.8

9.0
-8.8
17.8

-58.5
-6.0
-52.5

7.7
4.3

0.2
0.0

4.4
-12.6

-2.5
32.3

-8.8
9.0

-6.0
-58.5

0.0
55.5
31.5
1565.8
2.6
179.1
59.3
98.8
42.9
0.5
12.0
62.5
0.2
43.8

0.0
60.9
4.2
4479.3
-2.3
23.6
100.5
0.7
9.0
0.4
-106.9

0.0
53.1
19.4
0.0
0.8
5.6
-34.9
-122.8
99.0
75.0
0.7
13.0
200.0
0.0
0.0

0.0
57.9
31.4
538.9
-5.8
-25.6
-7.7
102.4
102.7
-123.8
0.6
23.6
-51.1
0.0
-37.3

41.7
38.1
38.1
323.8
-16.3
-97.8
-97.8
102.4
166.0
-2.4
1.4
2.2
-1.1
0.0
-69.0

0.0
19.1
19.1
0.0
-12.8
10.3
10.3
-300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.7
2.6
1.0
10.1
375.0
-336.4
5.4
5.9

0.0
-1.2
-2.5
-3.4
7.6
195.0
-196.2
-43.2
2.4

0.0
0.0
0.2
0.8
-0.8
10.1
338.1
-132.0
56.8
-12.3

0.0
0.0
-1.0
-3.8
-5.8
9.5
573.4
-575.0
13.7
10.2

0.0
0.0
-59.2
-7.1
-7.2
0.0
27.6
86.8
-96.8
10.2

0.0
0.0
0.0
-4.9
-4.9
0.0
0.0
-31.0
-100.0
-30.0

Kohat Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

91

2004

2005

2006

2007

2008

2009

88.0
133.9
221.9
0.0
0.0
296.4
296.4
518.3

88.0
199.7
287.7
0.0
0.0
321.7
321.7
609.4

208.0
120.0
328.0
0.0
0.0
273.1
273.1
601.1

208.0
113.2
321.2
0.0
0.0
311.8
311.8
633.0

208.0
158.0
366.0
0.0
0.0
303.0
303.0
669.0

208.0
89.8
297.8
0.0
0.0
295.5
295.5
593.3

2.1
2.1
0.0
158.9
311.7
472.7
463.8
760.2
8.9
717.1
-461.7

2.8
2.8
0.0
100.4
356.2
459.4
505.0
826.7
-45.6
770.3
-502.2

0.4
0.4
0.0
152.8
329.4
482.6
566.7
839.8
-84.1
748.8
-566.3

0.1
0.1
0.0
200.7
338.7
539.5
571.2
883.0
-31.7
738.1
-571.1

0.1
0.1
0.0
360.6
188.6
549.3
632.4
935.4
-83.1
804.7
-632.3

0.8
0.8
0.0
343.8
101.1
445.7
652.6
948.1
-206.9
665.8
-651.8

768.0
509.4
39.2
982.1

942.8
655.0
36.1
1114.4

1017.0
685.2
56.6
1167.8

1045.2
664.7
56.9
1204.2

1144.9
752.2
396.9
1301.5

1129.9
800.2
60.0
1245.9

723.5
718.1
5.4
678.1
45.4
714.1
10.0
20.3
-10.3
0.0
0.0
0.0

869.6
869.6
0.0
843.5
26.1
869.8
0.0
34.7
-34.7
0.0
0.0
0.0

1180.3
1173.8
6.5
1054.8
125.5
1093.5
87.7
83.4
4.3
5.9
0.0
0.0

1317.0
1299.7
17.3
1215.1
101.9
1257.8
60.2
94.8
-34.6
6.6
0.0
0.0

1438.7
1437.5
1.2
1370.9
67.8
1413.0
26.4
112.4
-86.0
7.2
0.0
0.0

1444.7
1417.0
27.7
1444.2
0.5
1494.5
-49.1
140.8
-189.9
0.3
0.0
0.0

176.0
-10.3
186.3

91.1
-34.7
125.8

-8.3
-1.6
-6.7

31.9
-41.2
73.1

36.0
-93.2
129.2

-75.7
-190.2
114.5

28.9
215.2

1.4
127.2

55.0
48.3

15.7
88.8

303.7
432.9

-130.2
-15.7

57.2
101.9
34.7
342.6
-1.0
-5.9
13.4
252.2
98.7
203.0
2.8
2.8
13.5
-4.6

52.8
91.0
20.4
287.3
-3.1
-38.1
1.1
326.9
100.0
4.0
4.5
8.8
-12.1

45.4
85.2
27.0
256.0
0.4
19.3
113.9
157.7
92.6
95.1
7.1
11.1
137.2
11.2
1.3

49.3
94.5
35.2
274.9
-2.9
-129.2
17.7
154.4
95.5
157.5
7.2
12.8
-19.1
10.6
-10.8

45.3
86.9
57.0
255.6
-6.6
-258.9
70.2
176.0
98.2
425.8
7.8
14.0
-8.4
18.6
-23.5

49.8
68.3
52.8
318.4
-15.2
251.3
829.3
143.2
103.4
-286.8
9.7
21.1
-0.2
16.4
-63.8

0.0
-1.4
-1.2
-1.2
11.7
73.7
-29.4
47.4
25.2

0.0
-4.0
-3.9
-3.9
7.1
78.0
225.0
20.2
32.7

0.0
0.0
0.4
0.2
-0.1
8.6
101.1
-105.1
35.7
15.8

0.0
0.0
-2.6
-1.7
-2.0
8.3
109.4
-950.0
11.6
15.4

0.0
0.0
-6.0
-4.1
-4.5
61.5
110.5
141.2
9.2
17.6

0.0
0.0
-13.1
-9.1
-9.1
8.0
116.0
122.0
0.4
14.3

Kohinoor Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

92

2004

2005

2006

2007

2008

2009

288.6
908.8
1197.4
0.0
0.0
142.3
142.3
1339.7

288.6
831.0
1119.6
0.0
0.0
0.0
0.0
1119.6

288.6
623.8
912.4
0.0
0.0
2.7
2.7
915.1

288.6
594.9
883.5
0.0
0.0
115.8
115.8
999.3

303.0
196.4
499.4
0.0
0.0
101.7
101.7
601.1

303.0
86.9
389.9
0.0
0.0
0.0
0.0
389.9

55.7
14.5
41.2
403.6
219.1
678.4
2664.1
2806.4
-1985.7
1057.6
-2608.4

84.4
66.7
17.7
348.5
365.4
798.3
3158.5
3158.5
-2360.2
1413.2
-3074.1

52.4
41.5
10.9
130.8
240.0
423.2
1066.5
1069.2
-643.3
404.0
-1014.1

198.7
93.3
105.4
110.5
215.8
525.0
1032.5
1148.3
-507.5
565.0
-833.8

76.4
24.8
51.6
451.7
14.6
542.7
790.8
892.5
-248.1
127.4
-714.4

30.9
8.9
22.0
103.9
5.8
140.6
543.4
543.4
-402.8
7.9
-512.5

2696.7
3325.4
64.9
4003.8

4035.6
3479.7
37.1
4278.0

2194.5
1558.4
51.9
1981.6

2198.9
1506.8
57.5
2031.8

863.0
849.3
27.4
1392.0

827.6
792.8
17.9
933.4

815.2
804.4
10.8
797.0
18.2
870.3
-16.3
60.9
-77.2
4.4
0.0
0.0

765.8
765.8
0.0
729.0
36.8
799.0
-1.5
33.4
-34.9
4.6
0.0
0.0

1005.2
1005.2
0.0
894.3
110.9
968.1
143.7
54.6
89.1
5.0
0.0
0.0

1012.3
1012.3
0.0
949.5
62.8
1067.4
-50.6
67.3
-117.9
5.4
0.0
0.0

241.5
241.5
0.0
234.9
6.6
369.7
-118.5
33.0
-151.5
1.9
0.0
0.0

0.0
0.0
0.0
0.0
0.0
301.8
-285.1
14.9
-300.0
0.5
0.0
0.0

-107.0
-81.6
-25.4

-220.1
-39.5
-180.6

-204.5
84.1
-288.6

84.2
-123.3
207.5

-398.2
-153.4
-244.8

-211.2
-300.5
89.3

-16.7
-42.1

-2.4
-183.0

136.0
-152.6

-65.8
141.7

-126.0
-370.8

-282.6
-193.3

10.6
25.5
17.2
234.4
-1.9
414.9
106.8
7.5
5.8
0.9
-6.4

0.0
25.3
13.7
282.1
-0.8
387.9
104.3
4.4
2.4
1.0
-3.1

0.3
39.7
17.2
117.2
4.5
-41.1
-89.1
316.1
96.3
38.0
5.4
13.5
5.6
0.2
9.8

11.6
50.8
29.9
130.0
-5.8
-146.4
-46.4
306.1
105.4
-133.0
6.6
11.9
-4.6
0.7
-13.3

16.9
68.6
66.8
178.7
-10.9
38.5
34.0
164.8
153.1
-27.8
13.7
25.9
-1.3
0.0
-30.3

0.0
25.9
24.8
139.4
-32.1
142.3
146.2
128.7
0.0
-5.2
0.0
188.6
-0.2
0.0
-76.9

0.0
-9.5
-2.7
-2.8
2.0
20.4
-32.5
-53.5
41.5

0.0
-4.6
-1.2
-1.4
1.1
17.9
-55.6
-6.1
38.8

0.0
0.0
8.9
3.1
2.9
1.5
50.7
-358.3
31.3
31.6

0.0
0.0
-11.6
-4.1
-4.3
3.7
49.8
-232.3
0.7
30.6

0.0
0.0
-62.7
-5.0
-5.1
1.8
17.3
22.0
-76.1
16.5

0.0
0.0
0.0
-9.9
-9.9
2.1
0.0
98.0
-100.0
12.9

Kohinoor Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

93

2004

2005

2006

2007

2008

2009

300.5
1542.4
1842.9
0.0
0.0
1172.6
1172.6
3015.5

330.6
1363.3
1693.9
0.0
200.0
1813.4
2013.4
3707.3

330.6
1369.1
1699.7
0.0
120.0
1319.0
1439.0
3138.7

330.6
1369.1
1699.7
0.0
120.0
1319.0
1439.0
3138.7

330.6
1369.1
1699.7
0.0
120.0
1319.0
1439.0
3138.7

509.1
1410.5
1919.6
0.0
0.0
948.1
948.1
2867.7

212.1
135.6
76.5
1967.4
821.9
3001.4
2851.5
4024.1
149.9
3148.3
-2639.4

350.5
139.3
211.2
1581.9
1156.0
3088.4
3222.6
5236.0
-134.2
4547.7
-2872.1

456.8
181.2
275.6
1647.5
1614.5
3718.8
4679.8
6118.8
-961.0
5084.5
-4223.0

456.8
181.2
275.6
1647.5
1614.5
3718.8
4679.8
6118.8
-961.0
5084.5
-4223.0

456.8
181.2
275.6
1647.5
1614.5
3718.8
4679.8
6118.8
-961.0
5084.5
-4223.0

718.6
279.4
439.2
1732.6
1195.9
3647.1
6178.6
7126.7
-2531.5
5730.9
-5460.0

3939.3
2865.9
212.5
5867.3

5074.5
3841.5
163.5
6929.9

5561.1
4099.6
268.1
7818.4

5561.1
4099.6
268.1
7818.4

5561.1
4099.6
268.1
7818.4

7537.7
5399.1
259.5
9046.2

4820.3
690.1
4130.2
4316.5
503.8
4569.2
274.7
120.0
154.7
53.9
0.0
0.0

3840.8
1061.0
2779.8
3636.7
204.1
3893.7
-42.0
140.1
-182.1
27.8
30.1
30.1

6450.1
1346.1
5104.0
5728.2
721.9
6075.6
414.7
408.7
6.0
59.2
0.0
0.0

6450.1
1346.1
5104.0
5728.2
721.9
6075.6
414.7
408.7
6.0
59.2
0.0
0.0

6450.1
1346.1
5104.0
5728.2
721.9
6075.6
414.7
408.7
6.0
59.2
0.0
0.0

7578.4
2117.8
5460.6
6919.3
659.1
7841.7
44.5
706.3
-661.8
54.3
0.0
0.0

896.2
100.8
795.4

691.8
-240.0
931.8

-568.6
-53.2
-515.4

0.0
-53.2
53.2

0.0
-53.2
53.2

-271.0
-716.1
445.1

313.3
1108.7

-76.5
855.3

214.9
-300.5

214.9
268.1

214.9
268.1

-456.6
-11.5

38.9
105.3
76.4
218.4
2.6
11.2
28.3
613.3
94.8
43.7
2.5
3.8
34.8
17.3
8.4

54.3
95.8
60.0
309.1
-2.6
-34.7
-8.9
512.4
101.4
3.6
3.1
15.5
-10.8

45.8
79.5
45.0
360.0
0.1
9.4
-71.5
514.1
94.2
98.6
6.3
8.0
986.7
16.1
0.4

45.8
79.5
45.0
360.0
0.1
0.0
80.2
514.1
94.2
98.6
6.3
8.0
986.7
16.1
0.4

45.8
79.5
45.0
360.0
0.1
0.0
80.2
514.1
94.2
98.6
6.3
8.0
986.7
16.1
0.4

33.1
59.0
39.7
371.3
-7.3
264.2
3970.4
377.1
103.5
1587.2
9.3
12.3
-8.2
11.5
-34.5

0.0
3.2
5.1
3.4
9.6
82.2
-39.3
20.4
61.3

-697.3
1.8
-4.7
-5.5
-6.3
5.7
55.4
-207.8
-20.3
51.2

0.0
0.0
0.1
0.2
-1.6
6.5
82.5
-103.6
67.9
51.4

0.0
0.0
0.1
0.2
-1.6
6.5
82.5
0.0
0.0
51.4

0.0
0.0
0.1
0.2
-1.6
6.5
82.5
0.0
0.0
51.4

0.0
0.0
-8.7
-13.0
-14.1
6.4
83.8
-6600.0
17.5
37.7

Kohinoor Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

94

2004

2005

2006

2007

2008

2009

394.9
-896.7
-501.8
0.0
0.0
297.0
297.0
-204.8

394.9
-871.1
-476.2
0.0
0.0
157.2
157.2
-319.0

1300.0
-886.3
413.7
0.0
0.0
271.9
271.9
685.6

1300.0
-868.3
431.7
0.0
0.0
303.8
303.8
735.5

1300.0
-856.8
443.2
0.0
0.0
472.6
472.6
915.8

1300.0
-1059.8
240.2
0.0
0.0
575.2
575.2
815.4

238.6
199.9
38.7
162.7
587.7
989.0
1940.5
2237.5
-951.5
948.8
-1701.9

224.2
197.5
26.7
224.5
528.8
977.5
2008.5
2165.7
-1031.0
848.7
-1784.3

170.7
170.2
0.5
111.4
542.5
824.6
1263.3
1535.2
-438.7
773.0
-1092.6

144.9
144.4
0.5
152.0
442.7
739.6
1127.3
1431.1
-387.7
792.0
-982.4

9.9
8.5
1.4
371.8
703.9
1085.6
1371.7
1844.3
-286.1
1240.1
-1361.8

73.4
1.4
72.0
347.8
953.3
1374.5
1777.7
2352.9
-403.2
1525.4
-1704.3

1618.7
746.7
71.5
1735.7

1632.5
712.0
54.1
1689.5

2105.5
1124.4
70.5
1949.0

2004.4
1123.4
61.0
1863.0

2003.9
1202.0
59.3
2287.6

2281.5
1218.7
61.4
2593.2

2115.4
994.7
1120.7
2022.4
93.0
2109.2
37.7
65.0
-27.3
14.1
0.0
0.0

1517.8
494.2
1023.6
1356.1
161.7
1433.9
126.2
63.5
62.7
21.7
0.0
0.0

2152.2
688.8
1463.4
1912.0
240.2
2017.8
159.0
122.4
36.6
21.8
97.5
0.0

2418.4
1215.0
1203.4
2149.7
268.7
2273.6
151.8
114.9
36.9
18.1
0.0
0.0

2511.6
1598.8
912.8
2242.8
268.8
2373.6
147.3
124.0
23.3
12.7
0.0
0.0

2885.6
1794.9
1090.7
2645.5
240.1
2808.6
83.9
275.1
-191.2
11.0
0.0
0.0

57.8
-41.4
99.2

-114.2
41.0
-155.2

1004.6
-82.7
1087.3

49.9
18.8
31.1

180.3
10.6
169.7

-100.4
-202.2
101.8

30.1
129.3

95.1
-60.1

-12.2
1075.1

79.8
110.9

69.9
239.6

-140.8
-39.0

51.0
20.7
-1.6
-71.6
23.3
-127.1
99.7
172.4
3.1
6.9
1.2
-

48.7
22.3
3.7
-120.6
94.5
50.3
4.2
7.5
34.6
1.2
-

39.7
65.3
22.3
371.1
1.9
-8.2
-1.1
31.8
93.8
77.0
5.7
15.8
59.6
1.4
8.8

41.3
65.6
26.3
331.5
2.0
37.7
72.0
33.2
94.0
75.7
4.8
14.5
49.1
2.0
8.5

51.6
79.1
27.8
416.1
1.0
5.9
29.2
34.1
94.5
84.2
4.9
10.0
54.5
2.7
5.3

70.5
77.3
23.7
979.6
-7.4
201.4
361.0
18.5
97.3
327.9
9.5
18.0
-5.8
3.1
-79.6

-1.3
-0.7
-1.0
9.9
121.9
-75.9
14.5
-12.7

4.1
1.6
1.0
7.2
89.8
-328.6
-28.2
-12.1

15.2
23.6
1.7
0.3
0.1
9.9
110.4
-81.3
41.8
3.2

0.0
0.0
1.5
0.3
0.1
5.4
129.8
0.0
12.4
3.3

0.0
0.0
0.9
0.2
0.1
5.3
109.8
-33.3
3.9
3.4

0.0
0.0
-6.6
-1.5
-1.6
5.1
111.3
-850.0
14.9
1.8

Kohinoor Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

95

2004

2005

2006

2007

2008

2009

801.8
1315.0
2116.8
0.0
195.9
857.0
1052.9
3169.7

962.2
6529.9
7492.1
0.0
184.2
3887.4
4071.6
11563.7

1058.4
3649.0
4707.4
0.0
71.3
2652.0
2723.3
7430.7

1455.3
5838.6
7293.9
0.0
0.0
2680.8
2680.8
9974.7

1455.3
3530.4
4985.7
0.0
0.0
3044.7
3044.7
8030.4

1455.3
1413.7
2869.0
0.0
0.0
2012.0
2012.0
4881.0

1226.2
155.7
1070.5
1806.0
859.3
3891.5
2798.6
3851.5
1092.9
3036.9
-1572.4

878.3
518.1
360.2
1396.4
2860.6
5135.3
4700.3
8771.9
435.0
7714.3
-3822.0

4265.5
436.8
3828.7
1905.4
1607.8
7778.7
3909.4
6632.7
3869.3
5662.1
356.1

6001.2
63.4
5937.8
2756.7
1755.1
10513.0
4509.3
7190.1
6003.7
5456.3
1491.9

3832.1
75.4
3756.7
4037.6
1673.1
9542.8
5485.0
8529.7
4057.8
7039.2
-1652.9

3203.7
80.3
3123.4
2697.8
1779.8
7681.3
6940.6
8952.6
740.7
7739.5
-3736.9

3668.7
2077.0
217.4
5968.5

13407.2
11128.6
540.4
16263.9

5144.3
3561.3
253.5
11340.0

5475.6
3971.0
327.5
14484.0

6048.1
3972.5
363.9
13515.3

6645.2
4140.2
369.6
11821.5

5537.8
2174.7
3363.1
4822.2
715.6
5134.6
596.6
151.8
444.8
50.4
0.0
0.0

9060.4
6357.6
2702.8
7173.3
1887.1
7564.1
1602.6
378.9
1223.7
-8.8
0.0
80.2

6903.6
3209.1
3694.5
5881.8
1021.8
6420.8
803.0
448.1
354.9
33.5
0.0
105.8

7140.2
2911.8
4228.4
6094.6
1045.6
6615.2
575.7
604.0
-28.3
41.7
0.0
0.0

7558.3
3694.1
3864.2
6395.6
1162.7
6939.1
1013.2
882.3
130.9
38.4
0.0
0.0

8458.9
3006.7
5452.2
7199.0
1259.9
7874.1
723.5
1260.2
-536.7
55.8
0.0
0.0

478.5
394.4
84.1

8394.0
1232.5
7161.5

-4133.0
321.4
-4454.4

2544.0
-70.0
2614.0

-1944.3
92.5
-2036.8

-3149.4
-592.5
-2556.9

611.8
695.9

1772.9
8934.4

574.9
-3879.5

257.5
2871.5

456.4
-1580.4

-222.9
-2779.8

33.2
139.1
108.3
181.9
7.5
82.4
87.9
264.0
92.7
25.4
2.7
5.0
11.3
9.2
21.0

35.2
109.3
48.4
117.1
7.5
14.7
19.8
778.6
83.5
23.6
4.2
4.9
-0.7
8.1
16.3

36.6
199.0
157.8
140.9
3.1
-7.8
-14.8
444.8
93.0
55.8
6.5
7.9
9.4
12.9
7.5

26.9
233.1
194.2
98.6
-0.2
-2.8
9.0
501.2
92.6
104.9
8.5
11.1
-147.3
14.9
-0.4

37.9
174.0
143.5
171.1
1.0
-4.8
-28.9
342.6
91.8
87.1
11.7
12.5
29.3
17.7
2.6

41.2
110.7
85.0
312.0
-4.5
18.8
8.0
197.1
93.1
174.2
14.9
16.3
-10.4
12.4
-18.7

0.0
8.0
5.5
4.9
10.7
92.8
161.9
6.9
26.4

0.0
13.5
12.7
12.8
7.1
55.7
130.9
63.6
77.9

0.0
0.0
5.1
3.4
3.0
9.5
60.9
-73.2
-23.8
44.5

0.0
0.0
-0.4
-0.2
-0.5
9.2
49.3
-105.9
3.4
50.1

0.0
0.0
1.7
0.9
0.6
9.2
55.9
-550.0
5.9
34.3

0.0
0.0
-6.3
-3.7
-4.1
9.3
71.6
-511.1
11.9
19.7

Landmark Spinning Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

96

2004

2005

2006

2007

2008

2009

121.2
-222.5
-101.3
0.0
0.0
28.0
28.0
-73.3

121.2
-150.8
-29.6
0.0
0.0
3.0
3.0
-26.6

121.2
-166.5
-45.3
0.0
0.0
0.0
0.0
-45.3

121.2
-167.3
-46.1
0.0
0.0
0.0
0.0
-46.1

121.2
-80.5
40.7
0.0
0.0
0.0
0.0
40.7

121.2
-81.4
39.8
0.0
0.0
0.0
0.0
39.8

0.1
0.1
0.0
0.8
0.0
0.9
227.1
255.1
-226.2
28.0
-227.0

0.1
0.1
0.0
72.9
0.0
73.0
252.5
255.5
-179.5
57.0
-252.4

0.1
0.1
0.0
0.8
0.0
0.9
199.0
199.0
-198.1
0.0
-198.9

0.1
0.1
0.0
0.5
0.0
0.6
199.5
199.5
-198.9
0.0
-199.4

0.1
0.1
0.0
0.5
0.0
0.6
200.4
200.4
-199.8
0.0
-200.3

0.1
0.1
0.0
0.5
0.0
0.6
201.3
201.3
-200.7
0.0
-201.2

209.7
152.9
0.0
153.8

209.7
152.9
0.0
225.9

209.7
152.9
0.0
153.8

209.7
152.9
0.0
153.5

297.4
240.6
0.0
241.2

297.4
240.6
0.0
241.2

0.0
0.0
0.0
0.0
0.0
0.4
-0.4
0.3
-0.7
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
43.6
-43.6
0.0
-43.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
72.7
-15.7
0.0
-15.7
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.8
-0.8
0.0
-0.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.9
-0.9
0.0
-0.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.9
-0.9
0.0
-0.9
0.0
0.0
0.0

-25.7
-0.7
-25.0

46.7
-43.6
90.3

-18.7
-15.7
-3.0

-0.8
-0.8
0.0

86.8
-0.9
87.7

-0.9
-0.9
0.0

-0.7
-25.7

-43.6
46.7

-15.7
-18.7

-0.8
-0.8

-0.9
86.8

-0.9
-0.9

0.4
0.4
-0.5
-83.6
1.1
-

28.9
28.9
-19.3
-93.4
-93.4
-24.4
0.0
-

0.0
0.5
0.5
0.0
-10.2
84.0
84.0
-37.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.3
0.3
0.0
-0.5
100.0
100.0
-38.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.3
0.3
492.4
-0.4
-1.0
-1.0
33.6
0.0
0.0
0.0
0.0
0.0
0.0
-2.2

0.0
0.3
0.3
505.8
-0.4
100.0
100.0
32.8
0.0
0.0
0.0
0.0
0.0
0.0
-2.3

-0.1
-0.1
0.0
0.0
-95.0
-100.0
-8.4

-3.6
-3.6
0.0
0.0
3500.0
-2.4

0.0
0.0
0.0
-1.3
-1.3
0.0
0.0
-63.9
-3.7

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
-92.3
-3.8

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
3.4

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
3.3

Mahmood Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

97

2004

2005

2006

2007

2008

2009

99.7
1110.4
1210.1
0.0
0.0
39.8
39.8
1249.9

99.7
1407.2
1506.9
0.0
0.0
366.4
366.4
1873.3

99.9
1452.0
1551.9
0.0
0.0
550.6
550.6
2102.5

99.9
1602.1
1702.0
0.0
0.0
601.6
601.6
2303.6

99.9
1581.4
1681.3
0.0
0.0
748.6
748.6
2429.9

99.9
1611.6
1711.5
0.0
0.0
595.0
595.0
2306.5

162.9
16.1
146.8
292.8
389.0
844.7
307.1
346.9
537.6
66.3
-144.2

294.4
9.8
284.6
181.6
982.1
1458.1
897.4
1263.8
560.7
1003.8
-603.0

280.9
7.6
273.3
304.7
939.9
1525.5
1088.8
1639.4
436.7
1393.8
-807.9

270.0
8.8
261.2
653.9
1130.1
2054.0
1407.3
2008.9
646.7
1632.2
-1137.3

280.7
7.6
273.1
670.7
1647.0
2598.4
1924.5
2673.1
673.9
2298.5
-1643.8

609.9
9.2
600.7
732.4
1443.8
2786.1
2111.8
2706.8
674.3
2187.3
-1501.9

1793.3
712.5
79.0
1557.2

2592.1
1312.7
75.7
2770.8

2964.3
1665.8
111.9
3191.3

3122.9
1656.7
168.8
3710.7

3206.1
1755.9
174.0
4354.3

3256.4
1632.3
180.1
4418.4

3971.8
1197.6
2774.2
3703.3
268.5
3838.5
142.6
34.6
108.0
44.0
0.0
0.0

2917.2
398.9
2518.3
2530.3
386.9
2686.0
265.3
57.8
207.5
35.8
24.9
0.0

3901.3
1623.1
2278.2
3497.2
404.1
3664.1
305.0
127.2
177.8
34.5
39.9
0.0

4518.5
1674.2
2844.3
4038.0
480.5
4218.6
451.2
190.7
260.5
40.0
0.0
0.0

5073.2
2432.9
2640.3
4478.3
594.9
4811.2
303.9
221.2
82.7
0.0
0.0
0.0

6811.3
3285.9
3525.4
5727.0
1084.3
6312.4
571.5
381.3
190.2
40.0
39.9
50.2

27.1
64.0
-36.9

623.4
146.8
476.6

229.2
103.4
125.8

201.1
220.5
-19.4

126.3
82.7
43.6

-123.4
110.3
-233.7

143.0
106.1

222.5
699.1

215.3
341.1

389.3
369.9

256.7
300.3

290.4
56.7

3.2
275.1
148.4
28.7
6.9
236.2
134.8
1213.7
96.6
24.3
0.9
52.2
40.7
1.7
8.9

19.6
162.5
53.0
83.9
7.5
23.5
31.8
1511.4
92.1
21.8
2.0
5.8
17.3
1.5
13.8

26.2
140.1
53.8
105.6
5.6
45.1
63.1
1553.5
93.9
41.7
3.3
9.1
19.4
1.8
11.5

26.1
146.0
65.7
118.0
7.0
109.6
105.2
1703.7
93.4
42.3
4.2
11.7
15.4
2.2
15.3

30.8
135.0
49.4
159.0
1.9
65.5
85.5
1683.0
94.8
72.8
4.4
9.6
0.0
2.9
4.9

25.8
131.9
63.6
158.2
4.3
-89.4
512.2
1713.2
92.7
66.7
5.6
17.4
21.0
5.7
11.1

0.0
2.7
10.8
6.4
10.9
255.1
0.0
0.0
121.4

689.6
1.7
7.1
20.8
17.2
8.8
105.3
92.6
-26.6
151.1

359.1
2.6
4.6
17.8
14.3
9.5
122.2
-14.4
33.7
155.3

0.0
0.0
5.8
26.1
22.1
10.1
121.8
46.6
15.8
170.4

0.0
0.0
1.6
8.3
8.3
10.0
116.5
-68.2
12.3
168.3

376.4
2.3
2.8
19.0
15.0
10.3
154.2
128.9
34.3
171.3

Maqbool Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

98

2004

2005

2006

2007

2008

2009

84.0
88.6
172.6
0.0
0.0
44.3
44.3
216.9

168.0
115.9
283.9
0.0
0.0
311.7
311.7
595.6

168.0
97.2
265.2
0.0
0.0
314.1
314.1
579.3

168.0
36.7
204.7
0.0
0.0
305.1
305.1
509.8

168.0
10.3
178.3
0.0
0.0
250.2
250.2
428.5

168.0
166.0
334.0
0.0
0.0
119.9
119.9
453.9

2.8
1.9
0.9
103.9
130.8
237.5
242.6
286.9
-5.1
156.4
-239.8

4.2
3.3
0.9
120.2
127.3
251.7
259.2
570.9
-7.5
406.3
-255.0

1.5
0.6
0.9
120.9
211.3
333.7
383.2
697.3
-49.5
574.7
-381.7

3.3
2.4
0.9
161.1
226.1
390.5
503.5
808.6
-113.0
647.6
-500.2

3.6
2.7
0.9
349.9
223.7
577.2
742.6
992.8
-165.4
833.2
-739.0

9.1
8.2
0.9
323.3
286.3
618.7
883.4
1003.3
-264.7
824.7
-874.3

467.9
222.0
16.7
459.5

865.4
603.1
21.8
854.8

952.8
628.8
61.9
962.5

955.1
622.9
61.7
1013.4

973.9
594.0
56.1
1171.2

1207.7
718.6
56.8
1337.3

1284.0
987.4
296.6
1218.4
65.6
1248.9
35.4
7.0
28.4
14.8
10.5
0.0

815.7
484.2
331.5
733.3
82.4
762.7
54.8
14.4
40.4
6.3
10.5
0.0

1432.7
1194.6
238.1
1304.6
128.1
1342.7
90.4
60.1
30.3
7.1
0.0
0.0

1634.5
1368.9
265.6
1566.1
68.4
1602.8
33.5
75.2
-41.7
8.2
0.0
0.0

1797.3
1337.1
460.2
1672.6
124.7
1727.6
77.2
72.8
4.4
8.8
0.0
0.0

1807.3
935.1
872.2
1610.2
197.1
1690.9
124.6
115.0
9.6
8.7
0.0
0.0

56.4
3.1
53.3

378.7
23.6
355.1

-16.3
23.2
-39.5

-69.5
-49.9
-19.6

-81.3
-4.4
-76.9

25.4
0.9
24.5

19.8
73.1

45.4
400.5

85.1
45.6

11.8
-7.8

51.7
-25.2

57.7
82.2

20.4
97.9
44.0
166.2
6.2
5.5
27.1
205.5
97.3
19.8
0.5
4.5
52.1
3.4
16.5

52.3
97.1
48.0
201.1
4.7
6.2
11.3
169.0
93.5
26.3
1.8
3.5
15.6
5.7
14.2

54.2
87.1
31.9
262.9
3.1
-142.3
186.6
157.9
93.7
66.5
4.2
10.5
23.4
4.9
11.4

59.8
77.6
32.7
395.0
-4.1
71.8
-151.3
121.8
98.1
224.5
4.6
11.6
-19.7
6.7
-20.4

58.4
77.7
47.6
556.8
0.4
5.4
-205.2
106.1
96.1
94.3
4.1
8.7
200.0
16.7
2.5

26.4
70.0
37.6
300.4
0.7
3.5
70.2
198.8
93.6
92.3
6.4
13.9
90.6
15.3
2.9

129.5
6.1
2.2
3.4
1.6
10.7
279.4
61.9
45.3
20.5

324.8
3.7
5.0
2.4
2.0
9.8
95.4
-29.4
-36.5
16.9

0.0
0.0
2.1
1.8
1.4
10.3
148.9
-25.0
75.6
15.8

0.0
0.0
-2.6
-2.5
-3.0
9.8
161.3
-238.9
14.1
12.2

0.0
0.0
0.2
0.3
-0.3
9.0
153.5
-112.0
10.0
10.6

0.0
0.0
0.5
0.6
0.1
9.6
135.1
100.0
0.6
19.9

Masood Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

99

2004

2005

2006

2007

2008

2009

300.0
599.6
899.6
0.0
0.0
758.1
758.1
1657.7

300.0
733.6
1033.6
600.0
0.0
690.4
1290.4
2324.0

300.0
764.1
1064.1
600.0
0.0
685.4
1285.4
2349.5

300.0
1019.0
1319.0
600.0
0.0
597.9
1197.9
2516.9

300.0
1290.7
1590.7
600.0
0.0
2096.9
2696.9
4287.6

300.0
1620.4
1920.4
600.0
0.0
1800.9
2400.9
4321.3

38.8
38.8
0.0
1440.5
1294.0
2773.3
2679.1
3437.2
94.2
2625.4
-2640.3

651.0
651.0
0.0
1541.7
1784.1
3976.8
3535.0
4825.4
441.8
3367.9
-2884.0

59.2
59.2
0.0
2352.4
1891.3
4302.9
4169.8
5455.2
133.1
3854.1
-4110.6

75.6
75.6
0.0
2628.3
1814.0
4517.9
4809.3
6007.2
-291.4
4282.2
-4733.7

137.3
137.3
0.0
3232.9
1838.7
5208.9
3946.8
6643.7
1262.1
4718.6
-3809.5

321.0
321.0
0.0
4423.4
1727.8
6472.2
5300.4
7701.3
1171.8
5455.5
-4979.4

1786.8
1563.4
98.5
4336.7

1944.9
1882.4
82.0
5859.2

3213.8
2216.4
182.9
6519.3

3156.2
2808.3
138.2
7326.2

3500.1
3025.6
226.2
8234.5

4511.6
3149.6
249.1
9621.8

3425.6
213.1
3212.5
2799.3
626.3
3160.9
267.2
155.8
111.4
28.9
0.0
0.0

3245.4
158.9
3086.5
2673.3
572.1
2962.1
285.1
154.9
130.2
23.9
22.5
0.0

5006.5
224.2
4782.3
4116.5
890.0
4500.0
509.3
335.3
174.0
52.3
135.0
0.0

5936.7
247.1
5689.6
4949.5
987.2
5336.2
607.4
416.7
190.7
61.1
110.4
0.0

7884.8
573.7
7311.1
6428.8
1456.0
6946.5
947.0
539.0
408.0
74.3
124.5
0.0

10946.2
674.3
10271.9
8851.4
2094.8
9687.6
1270.0
719.9
550.1
0.0
45.0
0.0

428.4
82.5
345.9

666.3
83.8
582.5

25.5
-13.3
38.8

167.4
19.2
148.2

1770.7
209.2
1561.5

33.7
505.1
-471.4

181.0
526.9

165.8
748.3

169.6
208.4

157.4
305.6

435.4
1996.9

754.2
282.8

45.7
103.5
55.2
382.1
2.6
19.3
34.4
299.9
92.3
58.3
4.5
5.9
25.9
20.6
12.4

55.5
112.5
62.0
466.9
2.2
12.6
22.2
344.5
91.3
54.3
4.8
4.6
18.4
31.3
12.6

54.7
103.2
57.8
512.7
2.7
-52.2
81.4
354.7
89.9
65.8
6.7
8.7
30.1
28.3
16.4

47.6
93.9
56.2
455.4
2.6
11.5
51.5
439.7
89.9
68.6
7.0
9.7
32.0
0.0
14.5

62.9
132.0
85.4
417.7
5.0
11.8
21.8
530.2
88.1
56.9
6.8
11.4
18.2
24.5
25.6

55.6
122.1
89.5
401.0
5.7
1498.8
266.7
640.1
88.5
56.7
6.6
13.2
0.0
29.2
28.6

0.0
3.3
3.7
2.8
7.8
79.0
-36.2
12.3
30.0

472.4
2.2
4.0
4.3
3.5
5.2
55.4
16.2
-5.3
34.5

90.1
12.7
3.5
5.8
4.1
9.7
76.8
34.9
54.3
35.5

117.4
8.4
3.2
6.4
4.3
6.5
81.0
236.8
18.6
44.0

268.0
7.8
5.2
13.6
11.1
8.1
95.8
112.5
32.8
53.0

1222.4
2.3
5.0
18.3
18.3
8.2
113.8
34.6
38.8
64.0

Mehr Dastagir Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

100

2004

2005

2006

2007

2008

2009

92.0
-115.6
-23.6
0.0
0.0
144.5
144.5
120.9

92.0
-1.6
90.4
0.0
0.0
156.8
156.8
247.2

92.0
-2.0
90.0
0.0
0.0
146.7
146.7
236.7

92.0
-3.0
89.0
0.0
0.0
141.8
141.8
230.8

92.0
110.1
202.1
0.0
0.0
77.8
77.8
279.9

92.0
-39.0
53.0
0.0
0.0
0.0
0.0
53.0

2.3
2.0
0.3
139.9
61.2
203.4
287.6
432.1
-84.2
144.5
-285.3

1.8
1.5
0.3
357.3
22.9
382.0
381.5
538.3
0.5
191.5
-379.7

1.8
1.5
0.3
173.8
7.0
182.6
181.7
328.4
0.9
175.6
-179.9

1.8
1.5
0.3
150.4
3.4
155.6
150.1
291.9
5.5
154.2
-148.3

1.9
1.5
0.4
106.3
13.4
121.6
56.2
134.0
65.4
87.1
-54.3

0.4
0.0
0.4
146.2
0.0
146.6
94.5
94.5
52.1
32.2
-94.1

293.1
205.1
10.5
408.5

249.6
246.8
7.6
628.8

249.2
235.8
7.6
418.4

249.2
225.3
10.6
380.9

248.1
214.4
10.0
336.0

3.7
0.9
0.1
147.5

143.8
132.2
11.6
171.2
-27.4
179.1
13.9
7.6
6.3
0.0
0.0
0.0

322.7
322.7
0.0
307.7
15.0
313.0
9.7
4.6
5.1
0.6
0.0
0.0

247.9
247.9
0.0
235.6
12.3
244.6
3.3
2.5
0.8
1.3
0.0
0.0

239.2
239.2
0.0
225.3
13.9
236.0
3.2
2.9
0.3
-0.1
0.0
0.0

230.3
230.3
0.0
262.3
-32.0
274.8
-40.0
2.6
-42.6
1.2
0.0
0.0

89.0
89.0
0.0
111.2
-22.2
116.3
-13.1
0.6
-13.7
0.0
0.0
0.0

7.5
6.3
1.2

126.3
4.5
121.8

-10.5
-0.5
-10.0

-5.9
0.4
-6.3

49.1
-43.8
92.9

-226.9
-13.7
-213.2

16.8
18.0

12.1
133.9

7.1
-2.9

11.0
4.7

-33.8
59.1

-13.6
-226.8

119.5
70.7
49.4
1.5
84.0
93.3
-25.7
124.5
54.7
5.3
5.3
0.0
57.2
-

63.4
100.1
94.1
595.5
0.8
3.6
9.0
98.3
97.0
47.4
1.4
2.4
11.8
88.2
5.6

62.0
100.5
96.6
364.9
0.2
4.8
-244.8
97.8
98.7
75.8
1.0
1.4
162.5
39.4
0.9

61.4
103.7
101.4
328.0
0.1
-6.8
234.0
96.7
98.7
90.6
1.2
1.9
-33.3
16.8
0.3

27.8
216.4
192.5
66.3
-12.7
-89.2
-57.2
219.7
119.3
-6.5
1.1
3.0
-2.8
6.2
-21.1

0.0
155.1
155.1
178.3
-9.3
6.0
6.0
57.6
130.7
-4.6
0.7
1.9
0.0
1.1
-25.8

4.4
0.7
0.7
4.9
35.2
-22.2
19.2
-2.6

0.0
1.6
0.6
0.5
3.7
51.3
-14.3
124.4
9.8

0.0
0.0
0.3
0.1
-0.1
3.1
59.2
-83.3
-23.2
9.8

0.0
0.0
0.1
0.0
0.0
4.5
62.8
-100.0
-3.5
9.7

0.0
0.0
-18.5
-4.6
-4.8
4.4
68.5
0.0
-3.7
22.0

0.0
0.0
-15.4
-1.5
-1.5
0.0
60.3
-67.4
-61.4
5.8

Mian Textile Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

101

2004

2005

2006

2007

2008

2009

221.1
146.4
367.5
0.0
0.0
246.1
246.1
613.6

221.1
114.1
335.2
0.0
0.0
262.3
262.3
597.5

221.1
63.9
285.0
0.0
0.0
321.9
321.9
606.9

221.1
-149.0
72.1
0.0
0.0
340.7
340.7
412.8

221.1
-85.5
135.6
0.0
0.0
494.4
494.4
630.0

221.1
-184.0
37.1
0.0
0.0
443.5
443.5
480.6

10.1
10.1
0.0
118.8
302.2
431.1
491.2
737.3
-60.1
583.8
-481.1

1.8
1.8
0.0
136.1
276.7
414.6
549.8
812.1
-135.2
681.5
-548.0

1.9
1.9
0.0
99.5
298.5
399.9
502.0
823.9
-102.1
694.6
-500.1

5.6
5.6
0.0
100.9
251.3
357.8
576.5
917.2
-218.7
639.1
-570.9

1.7
1.7
0.0
87.4
114.5
203.6
339.4
833.8
-135.8
629.5
-337.7

0.5
0.5
0.0
94.5
74.9
169.9
412.9
856.4
-243.0
584.0
-412.4

1293.3
673.6
47.9
1104.7

1401.5
732.7
37.8
1147.3

1435.4
709.0
34.4
1108.9

1336.8
631.4
33.1
989.2

822.3
765.7
9.3
969.3

816.7
723.5
40.9
893.4

970.8
611.1
359.7
913.8
57.0
959.1
12.5
27.7
-15.2
5.1
0.0
0.0

749.5
444.5
305.0
703.8
45.7
734.2
16.3
46.7
-30.4
3.5
0.0
0.0

927.5
602.0
325.5
901.3
26.2
940.4
-9.6
77.8
-87.4
4.8
0.0
0.0

748.0
531.8
216.2
746.2
1.8
805.5
-57.4
88.1
-145.5
3.7
0.0
0.0

540.6
468.8
71.8
610.8
-70.2
650.3
-109.7
40.3
-150.0
2.7
0.0
0.0

261.7
240.2
21.5
286.4
-24.7
301.3
-37.8
38.3
-76.1
0.0
0.0
0.0

233.7
-20.3
254.0

-16.1
-33.9
17.8

9.4
-92.2
101.6

-194.1
-149.2
-44.9

217.2
-152.7
369.9

-149.4
-76.1
-73.3

27.6
281.6

3.9
21.7

-57.8
43.8

-116.1
-161.0

-143.4
226.5

-35.2
-108.5

40.1
87.8
26.2
200.6
-1.4
-8.7
9.8
166.2
98.8
221.6
2.9
4.7
3.8
-4.1

43.9
75.4
25.1
242.3
-2.6
18.0
151.6
98.0
286.5
6.2
6.9
4.6
-9.1

53.0
79.7
20.2
289.1
-7.9
-980.9
-132.0
128.9
101.4
-810.4
8.4
11.2
-5.5
3.8
-30.7

82.5
62.1
18.5
1272.1
-14.7
76.9
72.1
32.6
107.7
-153.5
11.8
13.8
-2.5
2.7
-201.8

78.5
60.0
26.3
614.9
-15.5
-70.3
-63.3
61.3
120.3
-36.7
7.5
6.4
-1.8
2.7
-110.6

92.3
41.1
23.0
2308.4
-8.5
50.9
32.4
16.8
115.1
-101.3
14.6
6.6
0.0
10.0
-205.1

0.0
-1.6
-0.7
-0.9
11.5
87.9
75.0
17.9
16.6

0.0
-4.1
-1.4
-1.5
5.6
65.3
100.0
-22.8
15.2

0.0
0.0
-9.4
-4.0
-4.2
4.7
83.6
185.7
23.7
12.9

0.0
0.0
-19.5
-6.6
-6.7
4.7
75.6
65.0
-19.4
3.3

0.0
0.0
-27.7
-6.8
-6.9
1.5
55.8
3.0
-27.7
6.1

0.0
0.0
-29.1
-3.4
-3.4
5.3
29.3
-50.0
-51.6
1.7

Mohammad Farooq Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

102

2004

2005

2006

2007

2008

2009

188.9
501.1
690.0
0.0
0.0
194.4
194.4
884.4

188.9
811.8
1000.7
0.0
0.0
300.1
300.1
1300.8

188.9
775.5
964.4
0.0
0.0
221.9
221.9
1186.3

188.9
675.5
864.4
0.0
0.0
157.9
157.9
1022.3

188.9
596.4
785.3
0.0
0.0
106.3
106.3
891.6

188.9
173.5
362.4
0.0
0.0
44.0
44.0
406.4

0.9
0.9
0.0
267.6
484.9
753.4
812.5
1006.9
-59.1
712.0
-811.6

0.7
0.7
0.0
140.7
603.9
745.3
867.1
1167.2
-121.8
920.5
-866.4

8.4
8.4
0.0
239.8
664.7
912.9
1180.8
1402.7
-267.9
1028.2
-1172.4

0.9
0.9
0.0
304.0
640.5
945.4
1312.9
1470.8
-367.5
881.4
-1312.0

6.2
6.2
0.0
337.2
692.6
1036.0
1441.7
1548.0
-405.7
873.4
-1435.5

7.6
7.6
0.0
293.4
432.0
733.0
1572.6
1616.6
-839.6
948.4
-1565.0

978.8
943.4
38.6
1696.8

1469.9
1422.7
40.9
2168.0

1559.1
1454.2
58.1
2367.1

1568.0
1389.8
73.2
2335.2

1528.2
1297.3
63.9
2333.3

1528.6
1246.1
58.1
1979.1

992.9
948.6
44.3
821.3
171.6
937.5
57.7
41.7
16.0
6.9
0.0
0.0

722.4
99.0
623.4
599.4
123.0
689.2
34.8
34.3
0.5
4.7
0.0
0.0

1018.1
235.7
782.4
837.7
180.4
977.3
46.5
80.6
-34.1
8.1
0.0
0.0

1410.3
121.4
1288.9
1242.7
167.6
1407.1
6.1
95.9
-89.8
12.6
0.0
0.0

1229.4
94.0
1135.4
1119.7
109.7
1276.5
-15.5
90.9
-106.4
12.3
0.0
0.0

1101.7
320.4
781.3
1293.8
-192.1
1429.0
-302.9
99.3
-402.2
8.8
0.0
0.0

389.4
9.1
380.3

416.4
-4.2
420.6

-114.5
-42.2
-72.3

-164.0
-102.4
-61.6

-130.7
-118.7
-12.0

-485.2
-411.0
-74.2

47.7
428.0

36.7
457.3

15.9
-56.4

-29.2
-90.8

-54.8
-66.8

-352.9
-427.1

22.0
92.7
33.0
145.9
0.9
2.3
11.1
365.3
94.4
72.3
4.2
5.9
43.1
15.1
2.3

23.1
86.0
16.3
116.6
0.0
-1.0
8.0
529.8
95.4
98.6
4.7
3.7
940.0
12.4
0.0

18.7
77.3
21.0
145.4
-1.4
36.9
-28.2
510.5
96.0
173.3
7.9
7.8
-23.8
11.6
-3.5

15.4
72.0
23.2
170.2
-3.8
62.4
32.2
457.6
99.8
1572.1
6.8
10.9
-14.0
10.5
-10.4

11.9
71.9
23.8
197.1
-4.6
90.8
82.0
415.7
103.8
-586.5
7.4
10.4
-11.6
14.3
-13.5

10.8
46.6
19.1
446.1
-20.3
84.7
82.6
191.8
129.7
-32.8
9.0
10.5
-2.2
13.4
-111.0

0.0
1.6
0.8
0.5
7.6
58.5
-98.3
-7.2
36.5

0.0
0.1
0.0
-0.2
4.3
33.3
-100.0
-27.2
53.0

0.0
0.0
-3.3
-1.8
-2.2
4.1
43.0
0.0
40.9
51.1

0.0
0.0
-6.4
-4.8
-5.4
5.0
60.4
166.7
38.5
45.8

0.0
0.0
-8.7
-5.6
-6.3
4.6
52.7
16.7
-12.8
41.6

0.0
0.0
-36.5
-21.3
-21.8
4.5
55.7
280.4
-10.4
19.2

Mubarak Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

103

2004

2005

2006

2007

2008

2009

27.0
-12.9
14.1
0.0
0.0
17.3
17.3
31.4

27.0
-43.6
-16.6
0.0
0.0
6.9
6.9
-9.7

27.0
-46.1
-19.1
0.0
0.0
0.0
0.0
-19.1

54.0
-48.2
5.8
0.0
0.0
1.3
1.3
7.1

54.0
-62.2
-8.2
0.0
0.0
0.0
0.0
-8.2

54.0
-68.4
-14.4
0.0
0.0
1.3
1.3
-13.1

0.9
0.9
0.0
48.2
10.2
59.3
100.8
118.1
-41.5
36.1
-99.9

0.2
0.2
0.0
29.4
4.9
34.5
113.4
120.3
-78.9
72.5
-113.2

0.7
0.7
0.0
35.1
4.2
40.0
124.3
124.3
-84.3
69.9
-123.6

2.5
2.5
0.0
44.9
0.0
47.4
105.4
106.7
-58.0
43.8
-102.9

0.3
0.3
0.0
39.0
0.0
39.3
108.2
108.2
-68.9
42.5
-107.9

0.6
0.6
0.0
23.8
0.0
24.4
100.7
102.0
-76.3
44.2
-100.1

139.3
72.9
5.0
132.2

148.9
69.1
4.0
103.6

149.9
65.2
5.0
105.2

151.3
65.1
4.7
112.5

65.3
60.6
4.6
99.9

161.7
63.2
4.5
87.6

80.2
74.9
5.3
92.9
-12.7
122.6
-42.4
0.6
-43.0
0.4
0.0
0.0

47.1
47.1
0.0
54.8
-7.7
77.3
-30.2
1.6
-31.8
0.2
0.0
0.0

76.1
76.1
0.0
68.7
7.4
76.6
0.5
3.5
-3.0
0.4
0.0
0.0

92.1
92.1
0.0
79.8
12.3
91.1
199.4
4.0
195.4
0.5
0.0
0.0

83.5
83.5
0.0
85.6
-2.1
94.2
-8.9
4.0
-12.9
0.4
0.0
0.0

51.6
51.6
0.0
48.7
2.9
52.3
1.9
7.0
-5.1
0.6
0.0
0.0

-88.7
-43.4
-45.3

-41.1
-32.0
-9.1

-9.4
-3.4
-6.0

26.2
194.9
-168.7

-15.3
-13.3
-2.0

-4.9
-5.7
0.8

-38.4
-83.7

-28.0
-37.1

1.6
-4.4

199.6
30.9

-8.7
-10.7

-1.2
-0.4

55.1
58.8
48.7
837.6
-32.5
52.2
152.9
0.7
1.7
30.0
-305.0

30.4
26.1
-30.7
-61.5
164.1
3.4
2.2
52.0
-

0.0
32.2
28.8
0.0
-2.9
36.2
-36.4
-70.7
100.7
700.0
4.6
5.0
-13.3
36.1
0.0

18.3
45.0
45.0
1839.7
173.7
743.9
646.0
10.7
98.9
2.0
4.3
9.1
0.3
3.5
3369.0

0.0
36.3
36.3
0.0
-12.9
86.9
81.3
-15.2
112.8
-44.9
4.8
9.4
-3.1
31.7
0.0

0.0
24.2
24.2
0.0
-5.8
116.3
300.0
-26.7
101.4
368.4
13.6
15.8
-11.8
35.7
0.0

0.0
-53.6
-15.9
-16.1
6.6
60.7
-2750.0
-8.2
5.2

-67.5
-11.8
-11.9
5.5
45.5
-25.8
-41.3
-6.1

0.0
0.0
-3.9
-1.1
-1.3
7.2
72.3
-90.7
61.6
-7.1

0.0
0.0
212.2
36.2
36.1
7.2
81.9
-3390.9
21.0
1.1

0.0
0.0
-15.4
-2.4
-2.5
7.1
83.6
-106.6
-9.3
-1.5

0.0
0.0
-9.9
-0.9
-1.1
6.9
58.9
-62.5
-38.2
-2.7

Mukhtar Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

104

2004

2005

2006

2007

2008

2009

145.0
-32.8
112.2
0.0
0.0
6.0
6.0
118.2

145.0
-53.4
91.6
0.0
0.0
5.3
5.3
96.9

145.0
-43.6
101.4
0.0
0.0
2.3
2.3
103.7

145.0
-42.6
102.4
0.0
0.0
0.7
0.7
103.1

145.0
-58.0
87.0
0.0
0.0
0.0
0.0
87.0

145.0
-87.3
57.7
0.0
0.0
0.0
0.0
57.7

4.7
4.7
0.0
52.6
12.3
69.6
42.9
48.9
26.7
13.4
-38.2

0.2
0.2
0.0
21.4
26.6
48.2
39.4
44.7
8.8
9.4
-39.2

0.2
0.2
0.0
55.7
10.0
65.9
47.6
49.9
18.3
6.4
-47.4

0.1
0.1
0.0
54.4
12.0
66.5
40.6
41.3
25.9
1.0
-40.5

0.0
0.0
0.0
43.7
0.0
43.7
26.7
26.7
17.0
0.0
-26.7

0.0
0.0
0.0
4.2
0.0
4.2
23.8
23.8
-19.6
0.0
-23.8

204.8
91.5
7.7
161.1

207.9
88.2
6.4
136.4

214.1
85.3
9.1
151.2

214.1
77.2
8.2
143.7

214.1
69.9
7.3
113.6

214.1
77.3
6.6
81.5

277.6
277.6
0.0
268.1
9.5
432.8
-146.5
52.0
-198.5
1.4
0.0
0.0

164.9
164.9
0.0
183.0
-18.1
186.5
-21.2
0.1
-21.3
0.8
0.0
0.0

300.2
300.2
0.0
289.6
10.6
294.8
5.5
0.0
5.5
1.5
0.0
0.0

211.1
211.1
0.0
204.0
7.1
208.4
2.7
0.0
2.7
1.1
0.0
0.0

114.5
114.5
0.0
18.5
96.0
20.2
94.3
0.6
93.7
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
29.2
-29.2
0.0
-29.2
0.0
0.0
0.0

47.7
-199.9
247.6

-21.3
-22.1
0.8

6.8
4.0
2.8

-0.6
1.6
-2.2

-16.1
93.6
-109.7

-29.3
-29.2
-0.1

-192.2
55.4

-15.7
-14.9

13.1
15.9

9.8
7.6

100.9
-8.8

-22.6
-22.7

5.1
162.2
133.6
43.6
-123.2
-419.1
-346.9
77.4
155.9
18.7
388.1
16.9
-176.9

5.5
122.3
54.8
48.8
-15.6
63.2
113.1
0.1
1.1
7.6
-23.3

2.2
138.4
117.4
49.2
3.6
58.8
82.4
69.9
98.2
0.0
0.0
0.0
27.3
10.4
5.4

0.7
163.8
134.2
40.3
1.9
-266.7
128.9
70.6
98.7
0.0
0.0
0.0
40.7
15.0
2.6

0.0
163.7
163.7
30.7
82.5
-581.4
-1146.6
60.0
17.6
0.6
0.5
0.0
0.1
24.0
107.7

0.0
17.6
17.6
41.2
-35.8
99.7
99.6
39.8
0.0
0.0
0.0
0.0
0.0
0.0
-50.6

0.0
-71.5
-13.7
-13.8
9.9
172.3
-3525.0
12.3
7.7

0.0
-12.9
-1.5
-1.5
7.0
120.9
-89.1
-40.6
6.3

0.0
0.0
1.8
0.4
0.3
10.3
198.5
-126.7
82.0
7.0

0.0
0.0
1.3
0.2
0.1
9.6
146.9
-50.0
-29.7
7.1

0.0
0.0
81.8
6.5
6.5
9.5
100.8
3150.0
-45.8
6.0

0.0
0.0
0.0
-2.0
-2.0
7.9
0.0
-130.8
-100.0
4.0

N.P. Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

105

2004

2005

2006

2007

2008

2009

147.0
212.5
359.5
0.0
0.0
25.9
25.9
385.4

147.0
87.1
234.1
0.0
0.0
2.6
2.6
236.7

147.0
140.0
287.0
0.0
0.0
0.0
0.0
287.0

147.0
130.3
277.3
0.0
0.0
0.0
0.0
277.3

147.0
152.9
299.9
0.0
0.0
7.0
7.0
306.9

147.0
144.2
291.2
0.0
0.0
0.0
0.0
291.2

180.3
180.3
0.0
92.1
254.7
527.1
437.9
463.8
89.2
171.0
-257.6

178.2
178.2
0.0
144.3
119.0
441.5
473.1
475.7
-31.6
149.2
-294.9

44.8
44.8
0.0
71.1
276.0
391.9
357.6
357.6
34.3
166.6
-312.8

35.4
35.4
0.0
64.6
182.4
282.4
246.3
246.3
36.1
48.9
-210.9

6.6
6.6
0.0
52.2
353.0
411.8
339.7
346.7
72.1
158.9
-333.1

27.3
27.3
0.0
80.1
290.2
397.6
334.5
334.5
63.1
121.6
-307.2

606.2
296.1
31.6
823.2

607.6
268.4
21.5
709.9

618.6
252.8
27.3
644.7

629.8
241.3
26.2
523.7

646.9
234.8
24.7
646.6

664.1
228.0
24.6
625.6

1130.2
812.3
317.9
938.8
191.4
973.4
158.0
13.2
144.8
32.6
66.2
0.0

716.2
373.2
343.0
532.4
183.8
560.6
159.5
15.4
144.1
31.2
235.2
0.0

894.6
740.1
154.5
757.9
136.7
789.4
108.9
27.4
81.5
25.7
0.0
0.0

967.3
964.6
2.7
843.8
123.5
878.0
136.7
21.2
115.5
26.5
48.5
0.0

1141.7
1141.7
0.0
1024.0
117.7
1065.7
83.4
13.9
69.5
22.7
49.0
42.0

1157.0
1157.0
0.0
1089.1
67.9
1128.4
30.9
20.7
10.2
2.4
0.0
0.0

77.9
46.0
31.9

-148.7
-122.3
-26.4

50.3
55.8
-5.5

-9.7
40.5
-50.2

29.6
-2.2
31.8

-15.7
7.8
-23.5

77.6
109.5

-100.8
-127.2

83.1
77.6

66.7
16.5

22.5
54.3

32.4
8.9

6.7
120.4
62.2
129.0
17.6
59.1
70.9
244.6
86.1
8.4
1.2
7.7
22.5
2.6
40.3

1.1
93.3
68.2
203.2
20.3
159.3
78.3
9.7
2.2
10.3
21.7
9.1
61.6

0.0
109.6
32.4
124.6
12.6
110.9
107.1
195.2
88.2
25.2
3.1
16.4
31.5
3.1
28.4

0.0
114.7
40.6
88.8
22.1
-417.5
404.2
188.6
90.8
15.5
2.2
43.4
22.9
1.8
41.7

2.3
121.2
17.3
115.6
10.7
-7.4
41.4
204.0
93.3
16.7
1.2
8.7
32.7
1.2
23.2

0.0
118.9
32.1
114.9
1.6
-49.7
364.0
198.1
97.5
67.0
1.8
17.0
23.5
2.8
3.5

169.5
18.4
12.8
9.9
7.6
12.5
137.3
147.5
33.5
24.5

48.0
100.5
20.1
9.8
7.7
7.5
100.9
-1.0
-36.6
15.9

0.0
0.0
9.1
5.5
3.8
10.2
138.8
-43.9
24.9
19.5

183.5
17.5
11.9
7.9
6.1
10.4
184.7
43.6
8.1
18.9

95.5
16.3
6.1
4.7
3.2
10.2
176.6
-40.5
18.0
20.4

0.0
0.0
0.9
0.7
0.5
10.5
184.9
-85.1
1.3
19.8

Nadeem Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

106

2004

2005

2006

2007

2008

2009

120.2
211.3
331.5
0.0
0.0
73.4
73.4
404.9

120.2
219.6
339.8
0.0
0.0
126.4
126.4
466.2

120.2
215.4
335.6
0.0
0.0
159.4
159.4
495.0

120.2
165.6
285.8
0.0
0.0
89.6
89.6
375.4

120.2
141.1
261.3
0.0
0.0
78.2
78.2
339.5

120.2
149.1
269.3
0.0
0.0
9.6
9.6
278.9

2.5
2.5
0.0
231.0
312.9
546.4
471.5
544.9
74.9
449.8
-469.0

4.8
4.8
0.0
188.9
332.5
526.2
469.4
595.8
56.8
537.4
-464.6

2.9
1.5
1.4
207.7
229.1
439.7
464.1
623.5
-24.4
561.6
-461.2

1.4
1.4
0.0
232.1
137.1
370.6
507.8
597.4
-137.2
446.3
-506.4

0.9
0.9
0.0
224.5
376.3
601.7
747.1
825.3
-145.4
711.7
-746.2

8.8
0.9
7.9
156.9
287.0
452.7
616.9
626.5
-164.2
489.6
-608.1

544.4
329.9
32.6
876.3

653.6
409.4
29.6
935.6

809.3
519.4
45.8
959.1

846.0
512.5
52.0
883.1

869.5
484.7
49.4
1086.4

878.6
443.1
46.1
895.8

715.6
711.2
4.4
156.3
559.3
185.3
531.8
17.1
514.7
709.5
0.0
0.0

755.3
504.4
250.9
696.7
58.6
717.0
42.0
33.0
9.0
3.5
12.0
0.0

1284.5
681.5
603.0
1182.6
101.9
1218.9
69.9
62.9
7.0
9.7
0.0
0.0

1633.1
1022.9
610.2
1519.2
113.9
1557.0
77.5
76.0
1.5
9.2
0.0
0.0

1479.6
948.8
530.8
1383.6
96.0
1419.5
58.8
80.7
-21.9
7.5
0.0
0.0

1631.6
900.2
731.4
1472.2
159.4
1525.8
105.8
94.8
11.0
8.1
0.0
0.0

81.3
-194.8
276.1

61.3
-6.5
67.8

28.8
-2.7
31.5

-119.6
-7.7
-111.9

-35.9
-29.4
-6.5

-60.6
2.9
-63.5

-162.2
113.9

23.1
90.9

43.1
74.6

44.3
-67.6

20.0
13.5

49.0
-14.5

18.1
115.9
49.5
164.4
58.7
-239.6
-142.4
275.8
25.9
3.2
2.4
3.8
137.8
23.5
155.3

27.1
112.1
41.3
175.3
1.0
-10.6
25.4
282.7
94.9
78.6
4.4
6.1
38.9
18.9
2.6

32.2
94.7
45.4
185.8
0.7
-9.4
57.8
279.2
94.9
90.0
4.9
11.2
138.6
9.4
2.1

23.9
73.0
46.0
209.0
0.2
6.4
-65.5
237.8
95.3
98.1
4.7
17.0
613.3
10.9
0.5

23.0
80.5
30.2
315.8
-2.0
81.9
148.1
217.4
95.9
137.2
5.5
11.3
-34.2
11.4
-8.4

3.4
73.4
26.9
232.6
1.2
-4.8
-337.9
224.0
93.5
89.6
5.8
19.4
73.6
6.5
4.1

0.0
71.9
42.8
-16.2
12.3
81.7
1158.8
23.0
27.6

45.8
3.5
1.2
0.7
0.5
8.7
80.7
-98.4
5.5
28.3

0.0
0.0
0.5
0.6
-0.2
11.9
133.9
-14.3
70.1
27.9

0.0
0.0
0.1
0.1
-0.6
10.0
184.9
-83.3
27.1
23.8

0.0
0.0
-1.5
-1.8
-2.4
9.6
136.2
-1900.0
-9.4
21.7

0.0
0.0
0.7
0.9
0.2
9.5
182.1
-150.0
10.3
22.4

Nagina Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

107

2004

2005

2006

2007

2008

2009

187.0
215.5
402.5
241.9
0.0
144.2
386.1
788.6

187.0
612.6
799.6
120.9
0.0
701.4
822.3
1621.9

187.0
639.3
826.3
120.9
0.0
726.0
846.9
1673.2

187.0
253.0
440.0
120.9
0.0
246.6
367.5
807.5

187.0
217.3
404.3
0.0
0.0
308.8
308.8
713.1

187.0
224.9
411.9
0.0
0.0
159.4
159.4
571.3

282.9
167.0
115.9
186.1
114.3
583.3
340.9
727.0
242.4
333.4
-58.0

145.9
119.3
26.6
322.8
581.1
1049.8
880.8
1703.1
169.0
1285.2
-734.9

209.6
184.9
24.7
327.8
567.3
1104.7
982.1
1829.0
122.6
1516.3
-772.5

161.1
8.4
152.7
263.6
185.1
609.8
403.0
770.5
206.8
446.2
-241.9

161.9
2.0
159.9
196.8
282.3
641.0
475.0
783.8
166.0
631.6
-313.1

147.7
4.9
142.8
285.1
338.0
770.8
716.7
876.1
54.1
637.1
-569.0

0.0
546.2
0.0
1129.5

2429.0
1452.9
93.8
2502.7

2641.3
1550.7
149.6
2655.4

1291.3
600.7
64.2
1210.5

1256.8
547.0
59.6
1188.0

1282.8
517.3
55.4
1288.1

1382.8
1082.8
300.0
1227.8
155.0
1291.4
125.8
46.7
79.1
19.0
94.8
0.0

2230.5
1714.3
516.2
1928.5
302.0
2021.3
213.9
57.6
156.3
25.0
39.8
0.0

2813.2
2130.9
682.3
2465.5
347.7
2576.2
246.3
147.2
99.1
16.2
57.9
0.0

1540.5
1051.0
489.5
1377.1
163.4
1448.5
128.8
74.0
54.8
7.7
0.0
0.0

1805.9
1290.1
515.8
1664.5
141.4
1741.6
96.1
83.4
12.7
9.0
0.0
0.0

2136.9
1241.1
895.8
1941.7
195.2
2030.0
124.4
109.6
14.8
9.6
0.0
0.0

0.0
-34.7
34.7

833.3
91.5
741.8

51.3
25.0
26.3

-865.7
47.1
-912.8

-94.4
3.7
-98.1

-141.8
5.2
-147.0

-34.7
0.0

185.3
927.1

174.6
200.9

111.3
-801.5

63.3
-34.8

60.6
-86.4

49.0
171.1
137.6
180.6
7.0
215.2
93.4
37.1
3.4
14.0
24.0
6.9
19.7

50.7
119.2
53.2
213.0
6.2
11.0
20.0
427.6
90.6
26.9
2.6
4.5
16.0
5.9
19.5

50.6
112.5
54.7
221.3
3.7
48.7
86.9
441.9
91.6
59.8
5.2
9.7
16.3
7.6
12.0

45.5
151.3
105.4
175.1
4.5
-5.4
-13.9
235.3
94.0
57.5
4.8
16.6
14.1
10.8
12.5

43.3
134.9
75.5
193.9
1.1
-3.9
-181.9
216.2
96.4
86.8
4.6
13.2
70.9
7.9
3.1

27.9
107.5
60.4
212.7
1.1
-3.7
-70.1
220.3
95.0
88.1
5.1
17.2
64.9
7.3
3.6

63.4
23.6
5.7
4.2
3.2
0.0
122.4
0.0
0.0
21.5

329.9
5.0
7.0
8.4
7.0
7.2
89.1
100.0
61.3
42.8

143.2
7.0
3.5
5.3
4.4
10.3
105.9
-36.9
26.1
44.2

0.0
0.0
3.6
2.9
2.5
9.7
127.3
-45.3
-45.2
23.5

0.0
0.0
0.7
0.7
0.2
9.9
152.0
-75.9
17.2
21.6

0.0
0.0
0.7
0.8
0.3
10.1
165.9
14.3
18.3
22.0

Nakshbandi Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

108

2004

2005

2006

2007

2008

2009

242.1
270.0
512.1
0.0
0.0
582.5
582.5
1094.6

242.1
242.6
484.7
0.0
0.0
510.5
510.5
995.2

338.9
516.2
855.1
0.0
0.0
348.4
348.4
1203.5

338.9
-301.3
37.6
0.0
0.0
595.6
595.6
633.2

338.9
-100.7
238.2
0.0
0.0
578.8
578.8
817.0

749.0
572.5
1321.5
0.0
0.0
486.0
486.0
1807.5

7.0
7.0
0.0
585.8
695.3
1288.1
1285.4
1867.9
2.7
1576.4
-1278.4

12.2
12.2
0.0
317.7
745.1
1075.0
1429.4
1939.9
-354.4
1592.5
-1417.2

4.7
4.7
0.0
386.7
695.0
1086.4
1563.1
1911.5
-476.7
1539.0
-1558.4

6.2
6.2
0.0
275.4
259.2
540.8
1556.1
2151.7
-1015.3
1077.0
-1549.9

213.7
213.7
0.0
326.4
283.3
823.4
1371.6
1950.4
-548.2
880.4
-1157.9

211.4
211.4
0.0
441.9
264.0
917.3
653.8
1139.8
263.5
897.8
-442.4

1748.0
1091.8
118.6
2379.9

1962.9
1349.6
97.4
2424.6

2561.4
1680.2
134.6
2766.6

2651.3
1648.5
143.9
2189.3

2312.6
1365.2
110.6
2188.6

2587.7
1544.1
103.8
2461.4

1244.7
1037.2
207.5
1837.9
-593.2
1854.1
-609.0
163.3
-772.3
1802.9
53.4
0.0

1369.4
164.0
1205.4
1194.9
174.5
1304.1
65.3
65.1
0.2
11.5
0.3
8.6

1995.0
147.2
1847.8
1779.2
215.8
1925.7
69.3
144.3
-75.0
21.0
0.0
0.0

1615.3
249.3
1366.0
1817.1
-201.8
1952.1
-336.8
145.0
-481.8
16.0
0.0
0.0

1278.7
149.9
1128.8
1166.2
112.5
1316.2
-34.3
58.7
-93.0
12.8
0.0
0.0

1749.1
195.2
1553.9
1500.4
248.7
1685.3
61.6
50.9
10.7
17.5
0.0
0.0

170.6
-2628.6
2799.2

-99.4
-11.6
-87.8

208.3
-96.0
304.3

-570.3
-497.8
-72.5

183.8
-105.8
289.6

990.5
-6.8
997.3

-2510.0
289.2

85.8
-2.0

38.6
342.9

-353.9
-426.4

4.8
294.4

97.0
1094.3

53.2
100.2
46.1
364.8
-32.5
-1540.8
-867.9
211.5
149.0
13.1
10.4
24.5
-150.8

51.3
75.2
23.1
400.2
0.0
200.2
95.2
99.7
4.8
4.1
5750.0
9.3
0.0

28.9
69.5
25.0
223.5
-2.7
-46.1
11.3
252.3
96.5
208.2
7.2
9.4
-28.0
4.0
-8.8

94.1
34.8
18.1
5722.6
-22.0
87.3
83.0
11.1
120.9
-43.1
9.0
13.5
-3.3
5.0
-1281.4

70.8
60.0
39.4
818.8
-4.2
-57.6
1.6
70.3
102.9
-171.1
4.6
6.7
-13.8
3.9
-39.0

26.9
140.3
99.9
86.3
0.4
-0.7
8.9
176.4
96.4
82.6
2.9
5.7
163.6
15.5
0.8

-4822.5
10.4
-62.0
-31.9
-106.4
0.0
52.3
1081.5
3.5
21.2

-3766.7
0.1
0.0
0.0
-0.5
8.9
56.5
-100.0
10.0
20.0

0.0
0.0
-3.8
-2.2
-2.8
10.0
72.1
0.0
45.7
25.2

0.0
0.0
-29.8
-14.2
-14.7
8.6
73.8
545.5
-19.0
1.1

0.0
0.0
-7.3
-2.7
-3.1
6.7
58.4
-81.0
-20.8
7.0

0.0
0.0
0.6
0.1
-0.1
7.6
71.1
-103.7
36.8
17.6

Nazir Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

109

2004

2005

2006

2007

2008

2009

180.0
-266.5
-86.5
0.0
0.0
53.9
53.9
-32.6

230.0
-310.7
-80.7
0.0
0.0
106.7
106.7
26.0

230.0
-223.6
6.4
0.0
0.0
74.5
74.5
80.9

230.0
-319.8
-89.8
0.0
0.0
70.2
70.2
-19.6

230.0
-326.3
-96.3
0.0
0.0
60.5
60.5
-35.8

230.0
-328.6
-98.6
0.0
0.0
60.5
60.5
-38.1

12.8
12.8
0.0
16.2
9.1
38.1
187.1
241.0
-149.0
142.2
-174.3

3.6
1.9
1.7
16.7
12.1
32.4
118.4
225.1
-86.0
123.3
-114.8

1.2
0.6
0.6
22.2
15.1
38.5
65.1
139.6
-26.6
85.9
-63.9

1.2
0.3
0.9
27.1
1.3
29.6
152.6
222.8
-123.0
80.2
-151.4

0.8
0.2
0.6
27.5
1.1
29.4
165.1
225.6
-135.7
70.5
-164.3

1.0
0.2
0.8
24.7
1.1
26.8
161.7
222.2
-134.9
80.2
-160.7

450.9
116.4
6.0
154.5

450.9
111.9
4.5
144.3

450.9
107.5
4.4
146.0

450.9
103.5
4.0
133.1

450.9
100.0
3.6
129.4

451.0
96.8
3.2
123.6

204.9
204.9
0.0
218.7
-13.8
227.5
-22.6
5.6
-28.2
0.9
0.0
23.2

179.6
179.6
0.0
191.0
-11.4
197.5
15.1
1.1
14.0
0.8
0.0
0.0

195.7
195.7
0.0
207.3
-11.6
216.7
14.0
1.9
12.1
1.0
0.0
0.0

57.3
57.3
0.0
74.0
-16.7
76.4
-17.9
1.3
-19.2
-15.8
0.0
0.0

0.2
0.2
0.0
0.2
0.0
7.3
-6.1
0.0
-6.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
8.0
-2.3
0.0
-2.3
0.2
0.0
0.0

-59.6
-29.1
-30.5

58.6
13.2
45.4

54.9
11.1
43.8

-100.5
-3.4
-97.1

-16.2
-6.1
-10.1

-2.3
-2.5
0.2

-23.1
-53.6

17.7
63.1

15.5
59.3

0.6
-96.5

-2.5
-12.6

0.7
0.9

20.4
15.5
-18.3
-48.1
111.0
2.7
3.9
1.4
-

410.4
27.4
17.1
9.7
22.5
28.1
-35.1
110.0
7.3
0.6
0.9
5.7
2.0
-

92.1
59.1
35.9
2181.3
8.3
20.2
26.1
2.8
110.7
13.6
1.0
2.2
8.3
1.8
189.1

0.0
19.4
18.5
0.0
-14.4
3.4
-0.6
-39.0
133.3
-7.3
2.3
1.6
82.3
5.4
0.0

0.0
17.8
17.1
0.0
-4.7
37.7
19.8
-41.9
3650.0
0.0
0.0
0.0
0.0
2400.0
0.0

0.0
16.6
15.9
0.0
-1.9
108.7
77.8
-42.9
0.0
0.0
0.0
0.0
-8.7
0.0
0.0

-13.8
-1.6
-1.6
4.9
132.6
-42.9
-19.8
-4.8

7.8
0.6
0.6
3.9
124.5
-137.5
-12.3
-3.5

0.0
0.0
6.2
0.5
0.5
3.9
134.0
-16.7
9.0
0.3

0.0
0.0
-33.5
-0.8
-0.1
3.7
43.1
-260.0
-70.7
-3.9

0.0
0.0
-3050.0
-0.3
-0.3
3.5
0.2
-62.5
-99.7
-4.2

0.0
0.0
0.0
-0.1
-0.1
3.2
0.0
-66.7
-100.0
-4.3

Nina Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

110

2004

2005

2006

2007

2008

2009

242.0
544.3
786.3
0.0
0.0
629.9
629.9
1416.2

242.0
453.9
695.9
0.0
0.0
493.9
493.9
1189.8

242.0
646.8
888.8
0.0
0.0
343.3
343.3
1232.1

242.0
1084.7
1326.7
0.0
0.0
1031.1
1031.1
2357.8

242.0
1084.7
1326.7
0.0
0.0
1031.1
1031.1
2357.8

242.0
1084.7
1326.7
0.0
0.0
1031.1
1031.1
2357.8

17.5
17.5
0.0
982.0
799.4
1798.9
1780.4
2410.3
18.5
1662.6
-1762.9

60.3
60.3
0.0
600.2
1267.5
1928.0
2027.3
2521.2
-99.3
1764.3
-1967.0

7.2
7.2
0.0
696.1
1666.9
2370.2
2330.4
2673.7
39.8
1734.0
-2323.2

2.1
2.1
0.0
1540.1
1355.2
2897.4
2159.0
3190.1
738.4
1984.2
-2156.9

2.1
2.1
0.0
1540.1
1355.2
2897.4
2159.0
3190.1
738.4
1984.2
-2156.9

2.1
2.1
0.0
1540.1
1355.2
2897.4
2159.0
3190.1
738.4
1984.2
-2156.9

1948.5
1397.7
103.4
3196.6

1961.2
1289.1
121.4
3217.1

1974.9
1192.5
110.6
3562.7

2523.0
1619.4
121.2
4516.8

2523.0
1619.4
121.2
4516.8

2523.0
1619.4
121.2
4516.8

1216.2
170.7
1045.5
1026.9
189.3
1097.3
122.6
176.0
-53.4
9.2
0.0
0.0

1125.0
210.8
914.2
903.5
221.5
1003.1
123.9
169.2
-45.3
8.4
0.0
0.0

1546.6
186.4
1360.2
1224.1
322.5
1338.8
207.9
208.9
-1.0
15.5
0.0
0.0

1880.7
108.4
1772.3
1507.1
373.6
1624.5
256.7
219.7
37.0
17.7
0.0
0.0

1880.7
108.4
1772.3
1507.1
373.6
1624.5
256.7
219.7
37.0
17.7
0.0
0.0

1880.7
108.4
1772.3
1507.1
373.6
1624.5
256.7
219.7
37.0
17.7
0.0
0.0

434.5
-62.6
497.1

-226.4
-53.7
-172.7

42.3
-16.5
58.8

1125.7
19.3
1106.4

0.0
19.3
-19.3

0.0
19.3
-19.3

40.8
537.9

67.7
-105.0

94.1
152.9

140.5
1246.9

140.5
121.2

140.5
121.2

44.5
101.0
56.1
306.5
-1.7
-14.4
7.6
324.9
90.2
143.6
14.5
10.6
51.8
-6.8

41.5
95.1
32.6
362.3
-1.4
287.6
89.2
136.6
15.0
9.6
39.6
-6.5

27.9
101.7
30.2
300.8
0.0
-39.0
61.5
367.3
86.6
100.5
13.5
12.0
-1550.0
35.0
-0.1

43.7
134.2
71.4
240.5
0.8
1.7
11.3
548.2
86.4
85.6
11.7
11.1
47.8
51.0
2.8

43.7
134.2
71.4
240.5
0.8
0.0
115.9
548.2
86.4
85.6
11.7
11.1
47.8
51.0
2.8

43.7
134.2
71.4
240.5
0.8
0.0
115.9
548.2
86.4
85.6
11.7
11.1
47.8
51.0
2.8

0.0
-4.4
-2.2
-2.6
10.4
38.0
-540.0
-29.2
32.5

0.0
-4.0
-1.9
-2.2
8.7
35.0
-13.6
-7.5
28.8

0.0
0.0
-0.1
0.0
-0.7
8.6
43.4
-100.0
37.5
36.7

0.0
0.0
2.0
1.5
0.8
10.2
41.6
0.0
21.6
54.8

0.0
0.0
2.0
1.5
0.8
10.2
41.6
0.0
0.0
54.8

0.0
0.0
2.0
1.5
0.8
10.2
41.6
0.0
0.0
54.8

Nishat (Chunian) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

111

2004

2005

2006

2007

2008

2009

443.5
1443.6
1887.1
0.0
0.0
1116.7
1116.7
3003.8

683.6
1992.5
2676.1
0.0
0.0
2780.8
2780.8
5456.9

752.0
2036.8
2788.8
0.0
0.0
3413.0
3413.0
6201.8

752.0
1934.2
2686.2
0.0
0.0
2984.1
2984.1
5670.3

752.0
1848.2
2600.2
0.0
0.0
2591.0
2591.0
5191.2

827.2
1860.8
2688.0
413.6
0.0
3181.9
3595.5
6283.5

20.4
20.4
0.0
812.4
688.7
1521.5
1354.8
2471.5
166.7
1882.3
-1334.4

43.6
37.4
6.2
1095.4
1330.4
2469.4
2790.6
5571.4
-321.2
5206.7
-2747.0

10.9
10.9
0.0
978.1
1572.8
2561.8
3263.4
6676.4
-701.6
6269.1
-3252.5

60.7
60.7
0.0
1350.5
1799.9
3211.1
4085.0
7069.1
-873.9
5607.7
-4024.3

229.9
18.2
211.7
1901.1
2447.5
4578.5
5646.9
8237.9
-1068.4
5781.7
-5417.0

1467.3
29.4
1437.9
2439.0
2183.1
6089.4
5732.4
9327.9
357.0
8286.7
-4265.1

3887.3
2837.1
209.1
4358.6

7647.3
5778.3
256.0
8247.7

9211.2
6903.3
530.8
9465.1

9299.2
6544.2
661.4
9755.3

9595.5
6259.6
626.3
10838.1

9972.8
5926.4
537.6
12015.8

6688.7
746.4
5942.3
5719.8
968.9
5937.5
757.3
71.5
685.8
71.0
55.4
0.0

5497.4
558.4
4939.0
4272.2
1225.2
4571.5
947.9
187.9
760.0
62.0
55.4
227.9

6550.8
1028.1
5522.7
5382.3
1168.5
5750.2
834.8
494.0
340.8
90.0
112.8
0.0

7659.3
1400.9
6258.4
6702.1
957.2
6988.7
759.3
648.1
111.2
101.0
11.3
0.0

9138.3
3250.7
5887.6
8097.4
1040.9
8412.8
782.0
705.3
76.7
58.0
14.7
0.0

9964.5
3664.1
6300.4
8473.4
1491.1
8887.3
1249.8
1081.5
168.3
65.0
0.0
0.0

1051.3
559.4
491.9

2453.1
642.6
1810.5

744.9
138.0
606.9

-531.5
-1.1
-530.4

-479.1
4.0
-483.1

1092.3
103.3
989.0

768.5
1260.4

898.6
2709.1

668.8
1275.7

660.3
129.9

630.3
147.2

640.9
1629.9

37.2
112.3
61.5
131.0
15.7
53.2
61.0
425.5
88.8
9.4
1.1
3.8
10.4
6.6
36.3

51.0
88.5
40.8
208.2
9.2
26.2
33.2
391.5
83.2
19.8
3.4
3.6
8.2
6.1
28.4

55.0
78.5
30.3
239.4
3.6
18.5
52.4
370.9
87.8
59.2
7.5
7.9
26.4
8.3
12.2

52.6
78.6
34.5
263.2
1.1
0.2
508.3
357.2
91.2
85.4
8.5
11.6
90.8
11.0
4.1

49.9
81.1
37.7
316.8
0.7
-0.8
428.2
345.8
92.1
90.2
7.7
12.2
75.6
1.5
2.9

57.2
106.2
68.1
347.0
1.4
9.5
39.3
325.0
89.2
86.5
10.9
13.1
38.6
15.2
6.3

1109.7
2.9
10.3
15.5
13.9
10.7
153.5
82.4
55.9
42.6

1259.9
2.1
13.8
11.1
10.2
7.5
66.7
-28.4
-17.8
39.1

222.3
4.0
5.2
4.5
3.3
9.2
69.2
-59.5
19.2
37.1

90.3
0.4
1.5
1.5
0.1
9.6
78.5
-66.7
16.9
35.7

127.2
0.6
0.8
1.0
0.2
9.6
84.3
-33.3
19.3
34.6

0.0
0.0
1.7
2.0
1.2
8.6
82.9
100.0
9.0
32.5

Nishat Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

112

2004

2005

2006

2007

2008

2009

1224.8
6627.5
7852.3
0.0
0.0
2622.9
2622.9
10475.2

1452.6
10466.9
11919.5
0.0
0.0
2858.2
2858.2
14777.7

1452.6
19659.8
21112.4
0.0
0.0
3015.4
3015.4
24127.8

1597.9
28359.6
29957.5
0.0
0.0
1773.8
1773.8
31731.3

1597.9
24894.2
26492.1
0.0
0.0
1321.9
1321.9
27814.0

2424.8
16905.9
19330.7
0.0
0.0
2334.4
2334.4
21665.1

4532.3
615.4
3916.9
3990.4
1517.1
10039.8
7696.8
10319.7
2343.0
8231.9
-3164.5

6808.0
521.0
6287.0
1749.7
3322.2
11879.9
6253.3
9111.5
5626.6
7811.3
554.7

15193.5
50.3
15143.2
2371.4
3003.2
20568.1
7051.6
10067.0
13516.5
8673.9
8141.9

15536.1
69.6
15466.5
10151.9
3106.4
28794.4
7649.4
9423.2
21145.0
6792.5
7886.7

21901.8
76.5
21825.3
2741.7
4163.2
28806.7
12463.3
13785.2
16343.4
11689.4
9438.5

13519.8
111.5
13408.3
2700.7
4092.5
20313.0
9847.5
12181.9
10465.5
10110.3
3672.3

12765.8
8132.1
756.9
18171.9

14500.1
9151.1
600.3
21031.0

16535.2
10611.4
797.9
31179.5

16923.9
10586.2
975.2
39380.6

18767.1
11470.6
1071.7
40277.3

19534.2
11199.6
1116.9
31512.6

15617.3
3273.4
12343.9
13683.3
1934.0
14657.8
1330.8
425.2
905.6
154.4
245.0
0.0

11572.1
2093.5
9478.6
9437.3
2134.8
10193.6
2079.0
407.7
1671.3
166.0
245.0
0.0

16661.4
2721.6
13939.8
13945.7
2715.7
14952.9
2513.9
755.1
1758.8
201.2
217.9
145.3

17153.2
2766.1
14387.1
14308.3
2844.9
15649.0
2638.4
819.3
1819.1
220.8
217.9
0.0

19589.8
4414.3
15175.5
16778.1
2811.7
18328.6
7069.3
950.6
6118.7
261.1
399.5
0.0

23870.3
5156.4
18713.9
19518.8
4351.5
21461.1
3008.2
1446.8
1561.4
293.5
485.0
0.0

1686.5
506.2
1180.3

4302.5
1260.3
3042.2

9350.1
1339.7
8010.4

7603.5
1380.4
6223.1

-3917.3
5458.1
-9375.4

-6148.9
782.9
-6931.8

1263.1
2443.4

1860.6
4902.8

2137.6
10148.0

2355.6
8578.7

6529.8
-2845.6

1899.8
-5032.0

25.0
130.4
110.7
131.4
5.0
30.0
51.7
641.1
93.9
32.0
2.7
5.2
17.0
9.7
11.5

19.3
190.0
136.9
76.4
7.9
29.3
37.9
820.6
88.1
19.6
3.5
5.2
9.9
7.6
14.0

12.5
291.7
249.1
47.7
5.6
14.3
21.1
1453.4
89.7
30.0
4.5
8.7
11.4
6.2
8.3

5.6
376.4
335.8
31.5
4.6
18.2
27.5
1874.8
91.2
31.1
4.8
12.1
12.1
4.8
6.1

4.8
231.1
197.7
52.0
15.2
-139.3
-229.5
1657.9
93.6
13.4
4.9
8.1
4.3
7.1
23.1

10.8
206.3
164.7
63.0
5.0
-12.7
-37.8
797.2
89.9
48.1
6.1
14.3
18.8
5.4
8.1

306.6
3.1
5.8
7.4
6.1
10.3
85.9
64.4
15.8
64.1

614.4
2.1
14.4
11.5
10.4
7.4
55.0
55.4
-25.9
82.1

714.8
1.0
10.6
12.1
10.7
8.7
53.4
5.2
44.0
145.3

733.5
0.7
10.6
11.4
10.0
9.2
43.6
-5.8
3.0
187.5

1466.2
1.5
31.2
38.3
36.7
10.1
48.6
236.0
14.2
165.8

261.4
2.5
6.5
6.4
5.2
9.7
75.7
-83.3
21.9
79.7

Olympia Spinning & Weaving Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

113

2004

2005

2006

2007

2008

2009

24.0
310.3
334.3
0.0
0.0
232.1
232.1
566.4

24.0
464.5
488.5
0.0
0.0
380.1
380.1
868.6

24.0
582.5
606.5
0.0
0.0
416.3
416.3
1022.8

120.0
653.4
773.4
0.0
0.0
523.4
523.4
1296.8

120.0
812.8
932.8
0.0
0.0
444.5
444.5
1377.3

120.0
647.9
767.9
0.0
0.0
316.3
316.3
1084.2

19.1
19.1
0.0
268.2
604.6
891.9
1219.5
1451.6
-327.6
972.5
-1200.4

17.0
17.0
0.0
286.6
528.9
832.5
1244.7
1624.8
-412.2
1215.8
-1227.7

6.1
6.1
0.0
294.8
466.3
767.2
1197.8
1614.1
-430.6
1198.2
-1191.7

6.9
6.9
0.0
286.1
484.7
777.7
958.1
1481.5
-180.4
1116.0
-951.2

46.9
2.2
44.7
315.7
408.8
771.4
1074.4
1518.9
-303.0
971.4
-1027.5

46.4
1.7
44.7
327.6
416.0
790.0
1705.8
2022.1
-915.8
1347.3
-1659.4

1221.2
894.0
47.5
1785.9

1650.9
1280.8
44.4
2113.3

1881.5
1453.5
64.6
2220.7

1959.6
1477.1
61.2
2254.8

2218.8
1680.3
60.1
2451.7

2105.9
2000.0
63.5
2790.0

1257.8
943.9
313.9
1201.1
56.7
1225.2
32.2
57.8
-25.6
6.2
0.0
0.0

1258.6
678.1
580.5
1132.5
126.1
1175.2
84.8
71.2
13.6
9.0
0.0
0.0

1907.0
521.0
1386.0
1701.0
206.0
1766.7
142.7
122.9
19.8
20.7
0.0
0.0

2258.9
638.6
1620.3
2046.1
212.8
2126.0
137.3
159.0
-21.7
24.0
0.0
0.0

2773.0
1365.2
1407.8
2552.7
220.3
2635.3
141.3
141.6
-0.3
14.3
0.0
0.0

2353.0
1077.0
1276.0
2569.5
-216.5
2654.4
-297.2
172.9
-470.1
12.4
0.0
0.0

-85.5
-31.8
-53.7

302.2
4.6
297.6

154.2
-0.9
155.1

274.0
-45.7
319.7

80.5
-14.6
95.1

-293.1
-482.5
189.4

15.7
-38.0

49.0
346.6

63.7
218.8

15.5
335.2

45.5
140.6

-419.0
-229.6

41.0
73.1
23.6
434.2
-1.4
1392.9
97.4
179.5
4.6
5.9
7.3
-7.7

43.8
66.9
24.4
332.6
0.6
1.5
14.1
2035.4
93.4
84.0
5.7
5.9
66.2
13.0
2.8

40.7
64.1
25.1
266.1
0.9
-0.6
29.1
2527.1
92.6
86.1
6.4
10.3
104.5
7.7
3.3

40.4
81.2
30.6
191.6
-1.0
-16.7
4.6
644.5
94.1
115.8
7.0
14.2
-110.6
6.0
-2.8

32.3
71.8
33.7
162.8
0.0
-18.1
32.4
777.3
95.0
100.2
5.1
14.6
-4766.7
4.8
0.0

29.2
46.3
21.9
263.3
-16.8
164.6
182.5
639.9
112.8
-58.2
7.3
12.8
-2.6
6.8
-61.2

0.0
-2.0
-10.7
-13.3
6.8
70.4
-361.0
18.5
139.3

0.0
1.1
5.7
1.9
5.0
59.6
-153.3
0.1
203.5

0.0
0.0
1.0
8.3
-0.4
5.0
85.9
45.6
51.5
252.7

0.0
0.0
-1.0
-1.8
-3.8
4.2
100.2
-121.7
18.5
64.5

0.0
0.0
0.0
0.0
-1.2
4.2
113.1
-100.0
22.8
77.7

0.0
0.0
-20.0
-39.2
-40.2
3.8
84.3
0.0
-15.1
64.0

Olympia Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

114

2004

2005

2006

2007

2008

2009

108.0
-72.8
35.2
0.0
0.0
36.3
36.3
71.5

108.0
-66.6
41.4
0.0
0.0
39.1
39.1
80.5

108.0
-91.2
16.8
0.0
0.0
15.7
15.7
32.5

108.0
-105.5
2.5
0.0
0.0
195.5
195.5
198.0

108.0
-145.7
-37.7
0.0
0.0
10.2
10.2
-27.5

108.0
-198.6
-90.6
0.0
0.0
0.0
0.0
-90.6

8.0
8.0
0.0
76.1
91.2
175.3
266.6
302.9
-91.3
129.8
-258.6

4.6
4.6
0.0
76.4
153.7
234.7
335.5
374.6
-100.8
194.9
-330.9

7.1
7.1
0.0
89.8
73.5
170.4
314.1
329.8
-143.7
129.3
-307.0

6.3
6.3
0.0
84.0
64.5
154.8
138.3
333.8
16.5
247.3
-132.0

5.5
5.5
0.0
92.9
12.8
111.2
307.4
317.6
-196.2
23.6
-301.9

0.6
0.6
0.0
50.5
5.7
56.8
265.2
265.2
-208.4
9.4
-264.6

441.3
162.8
18.4
338.1

478.6
181.3
19.0
416.0

491.0
176.2
18.4
346.6

515.2
181.5
19.1
336.3

518.6
168.7
17.4
279.9

462.7
117.9
14.7
174.7

664.6
664.6
0.0
617.9
46.7
630.4
34.4
7.4
27.0
3.3
0.0
0.0

483.0
483.0
0.0
452.0
31.0
464.1
19.1
10.2
8.9
2.4
0.0
0.0

648.2
648.2
0.0
628.2
20.0
643.4
5.2
14.3
-9.1
3.2
0.0
0.0

668.3
668.3
0.0
659.2
9.1
674.9
-6.6
14.6
-21.2
-3.3
0.0
0.0

638.6
638.6
0.0
652.6
-14.0
667.0
-28.1
6.0
-34.1
3.2
0.0
0.0

245.4
245.4
0.0
280.8
-35.4
292.9
-47.3
6.8
-54.1
0.0
0.0
0.0

29.0
23.7
5.3

9.0
6.5
2.5

-48.0
-12.3
-35.7

165.5
-17.9
183.4

-225.5
-37.3
-188.2

-63.1
-54.1
-9.0

42.1
47.4

25.5
28.0

6.1
-29.6

1.2
184.6

-19.9
-208.1

-39.4
-48.4

50.8
65.8
31.5
860.5
8.0
81.7
88.8
32.6
94.9
21.5
1.1
5.7
12.2
3.0
76.7

48.6
70.0
24.1
904.8
2.1
72.2
91.1
38.3
96.1
53.4
2.1
5.2
27.0
8.1
21.5

48.3
54.3
30.9
1963.1
-2.6
25.6
-20.6
15.6
99.3
275.0
2.2
11.1
-35.2
2.6
-54.2

98.7
111.9
65.3
13352.0
-6.3
-10.8
0.7
2.3
101.0
-221.2
2.2
5.9
15.6
2.9
-848.0

0.0
36.2
32.0
0.0
-12.2
16.5
9.6
-34.9
104.4
-21.4
0.9
25.4
-9.4
6.6
0.0

0.0
21.4
19.3
0.0
-31.0
85.7
81.4
-83.9
119.4
-14.4
2.8
72.3
0.0
1.2
0.0

0.0
4.1
2.5
2.2
11.5
196.6
525.0
18.0
3.3

0.0
1.8
0.8
0.6
11.7
116.1
-68.0
-27.3
3.8

0.0
0.0
-1.4
-0.8
-1.1
10.1
187.0
-200.0
34.2
1.6

0.0
0.0
-3.2
-2.0
-1.7
10.8
198.7
150.0
3.1
0.2

0.0
0.0
-5.3
-3.2
-3.5
9.6
228.2
60.0
-4.4
-3.5

0.0
0.0
-22.0
-5.0
-5.0
8.7
140.5
56.3
-61.6
-8.4

Paramount Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

115

2004

2005

2006

2007

2008

2009

105.0
228.0
333.0
0.0
499.8
8.4
508.2
841.2

105.0
322.5
427.5
0.0
283.7
292.1
575.8
1003.3

110.3
784.0
894.3
0.0
180.6
242.7
423.3
1317.6

121.3
606.1
727.4
0.0
0.0
217.0
217.0
944.4

133.4
619.8
753.2
0.0
0.0
233.5
233.5
986.7

143.4
819.6
963.0
0.0
0.0
108.7
108.7
1071.7

139.9
54.8
85.1
273.4
277.5
690.8
484.5
992.7
206.3
820.4
-344.6

138.7
57.7
81.0
306.8
462.3
907.8
716.6
1292.4
191.2
1181.8
-577.9

558.0
38.4
519.6
360.3
523.8
1442.1
933.0
1356.3
509.1
1228.0
-375.0

470.3
48.9
421.4
486.2
702.4
1658.9
1487.1
1704.1
171.8
1154.4
-1016.8

495.4
74.6
420.8
392.6
1192.1
2080.1
1875.4
2108.9
204.7
1391.8
-1380.0

498.7
60.1
438.6
432.1
1259.5
2190.3
1879.0
1987.7
311.3
1592.7
-1380.3

997.0
634.8
34.5
1325.6

1155.3
812.0
41.8
1719.8

1260.9
808.5
71.9
2250.6

1300.5
772.5
71.4
2431.4

1336.1
781.9
43.3
2862.0

1385.6
760.3
43.0
2950.6

1278.2
426.4
851.8
1180.1
98.1
1219.8
71.5
48.1
23.4
10.7
10.5
0.0

1110.5
573.4
537.1
976.9
133.6
1013.8
99.9
69.8
30.1
6.2
10.5
0.0

1658.7
569.9
1088.8
1388.5
270.2
1490.8
170.0
127.4
42.6
15.0
0.0
5.3

1852.3
500.2
1352.1
1548.2
304.1
1668.6
189.3
158.8
30.5
19.0
0.0
0.0

2549.1
1091.6
1457.5
2195.2
353.9
2331.3
255.8
181.9
73.9
14.6
0.0
12.1

2772.2
1050.2
1722.0
2363.1
409.1
2500.8
290.3
254.9
35.4
17.4
0.0
14.3

95.9
2.2
93.7

162.1
13.4
148.7

314.3
27.6
286.7

-373.2
11.5
-384.7

42.3
59.3
-17.0

85.0
18.0
67.0

36.7
130.4

55.2
203.9

99.5
386.2

82.9
-301.8

102.6
85.6

61.0
128.0

60.4
142.6
85.3
298.1
1.8
2.3
28.1
317.1
95.4
67.3
3.8
5.9
45.7
11.0
7.0

57.4
126.7
62.2
302.3
1.8
8.3
27.1
407.1
91.3
69.9
6.3
5.9
20.6
16.0
7.0

32.1
154.6
98.4
151.7
1.9
8.8
25.8
810.8
89.9
74.9
7.7
10.4
35.2
11.5
4.8

23.0
111.6
64.3
234.3
1.3
-3.1
-27.5
599.7
90.1
83.9
8.6
13.8
62.3
14.0
4.2

23.7
110.9
47.3
280.0
2.6
140.2
119.9
564.6
91.5
71.1
7.1
13.1
19.8
9.3
9.8

10.1
116.6
49.5
206.4
1.2
21.2
47.7
671.5
90.2
87.8
9.2
16.0
49.2
9.9
3.7

121.0
3.2
1.8
2.2
1.2
7.2
96.4
-43.6
31.4
31.7

227.6
2.5
2.7
2.9
2.3
6.6
64.6
31.8
-13.1
40.7

0.0
0.0
2.6
3.9
2.5
8.9
73.7
34.5
49.4
81.1

0.0
0.0
1.6
2.5
0.9
8.8
76.2
-35.9
11.7
60.0

0.0
0.0
2.9
5.5
4.4
5.6
89.1
120.0
37.6
56.5

0.0
0.0
1.3
2.5
1.3
5.5
94.0
-54.5
8.8
67.2

Premium Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

116

2004

2005

2006

2007

2008

2009

61.6
108.4
170.0
0.0
0.0
181.6
181.6
351.6

61.6
226.9
288.5
0.0
0.0
226.4
226.4
514.9

61.6
162.5
224.1
0.0
0.0
238.8
238.8
462.9

61.6
157.0
218.6
0.0
0.0
218.8
218.8
437.4

61.6
162.5
224.1
0.0
0.0
284.5
284.5
508.6

61.6
159.2
220.8
0.0
0.0
248.2
248.2
469.0

2.3
2.3
0.0
346.0
319.2
667.5
765.6
947.2
-98.1
756.2
-763.3

1.4
1.4
0.0
396.3
609.2
1006.9
1085.0
1311.4
-78.1
1203.1
-1083.6

1.1
1.1
0.0
293.2
315.8
610.1
770.2
1009.0
-160.1
861.3
-769.1

2.5
2.5
0.0
368.0
238.9
609.4
815.3
1034.1
-205.9
801.1
-812.8

2.8
2.8
0.0
560.8
347.6
911.2
1039.7
1324.2
-128.5
1110.1
-1036.9

2.2
2.2
0.0
496.6
323.3
822.1
939.8
1188.0
-117.7
1013.0
-937.6

681.4
449.9
33.6
1117.4

819.7
593.1
36.4
1600.0

932.1
623.0
62.0
1233.1

942.1
643.4
65.4
1252.8

1028.8
637.1
64.9
1548.3

1074.0
586.7
63.8
1408.8

1044.2
1010.8
33.4
963.5
80.7
992.3
52.7
30.1
22.6
4.8
0.0
0.0

996.0
971.5
24.5
875.5
120.5
900.4
97.5
59.8
37.7
4.4
6.2
0.0

1471.2
1471.2
0.0
1279.2
192.0
1314.9
155.4
119.2
36.2
7.3
9.2
0.0

1499.6
1484.6
15.0
1347.9
151.7
1382.9
117.5
102.5
15.0
7.4
12.3
0.0

1924.0
1897.4
26.6
1727.2
196.8
1767.0
150.7
127.7
23.0
10.0
6.2
0.0

2115.1
2093.8
21.3
1899.2
215.9
1940.3
174.7
172.3
2.4
0.3
4.6
0.0

84.8
17.8
67.0

163.3
27.1
136.2

-52.0
19.7
-71.7

-25.5
-4.7
-20.8

71.2
6.8
64.4

-39.6
-2.5
-37.1

51.4
118.4

63.5
199.7

81.7
10.0

60.7
39.9

71.7
136.1

61.3
24.2

51.6
87.2
45.5
557.2
2.0
21.0
43.4
276.0
95.0
57.1
2.9
4.0
21.2
26.2
13.3

44.0
92.8
36.7
454.6
2.4
16.6
31.8
468.3
90.4
61.3
6.0
5.0
11.7
34.1
13.1

51.6
79.2
38.2
450.2
2.9
-37.9
817.0
363.8
89.4
76.7
8.1
13.8
20.2
15.5
16.2

50.0
74.7
45.4
473.1
1.2
18.4
152.1
354.9
92.2
87.2
6.8
12.8
49.3
20.0
6.9

55.9
87.6
54.2
590.9
1.5
9.6
52.7
363.8
91.8
84.7
6.6
11.5
43.5
25.0
10.3

52.9
87.5
53.1
538.0
0.2
6.3
253.3
358.4
91.7
98.6
8.1
17.0
12.5
21.0
1.1

0.0
2.2
3.7
2.9
11.1
93.4
-24.5
17.9
27.6

537.1
2.1
3.8
6.1
5.4
8.1
62.3
64.9
-4.6
46.8

314.1
4.1
2.5
5.9
4.7
10.5
119.3
-3.3
47.7
36.4

61.8
5.6
1.0
2.4
1.2
10.5
119.7
-59.3
1.9
35.5

209.7
2.8
1.2
3.7
2.1
10.1
124.3
54.2
28.3
36.4

45.7
2.1
0.1
0.4
0.3
10.0
150.1
-89.2
9.9
35.8

Prosperity Weaving Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

117

2004

2005

2006

2007

2008

2009

168.0
178.0
346.0
0.0
0.0
586.5
586.5
932.5

168.0
169.3
337.3
0.0
0.0
635.6
635.6
972.9

168.0
226.0
394.0
0.0
0.0
527.2
527.2
921.2

184.8
213.9
398.7
0.0
0.0
579.9
579.9
978.6

184.8
149.5
334.3
0.0
0.0
754.7
754.7
1089.0

184.8
226.8
411.6
0.0
0.0
645.3
645.3
1056.9

51.7
1.7
50.0
318.4
104.4
474.5
507.4
1093.9
-32.9
931.9
-455.7

60.4
53.4
7.0
246.3
190.7
497.4
519.5
1155.1
-22.1
1064.7
-459.1

2.6
2.6
0.0
251.7
170.3
424.6
501.7
1028.9
-77.1
844.5
-499.1

43.7
43.7
0.0
210.3
265.0
519.0
594.3
1174.2
-75.3
818.7
-550.6

9.0
9.0
0.0
230.0
296.8
535.8
468.4
1223.1
67.4
851.3
-459.4

6.3
6.3
0.0
462.0
154.2
622.5
490.8
1136.1
131.7
842.5
-484.5

1429.7
965.4
62.0
1439.9

1523.8
994.9
42.6
1492.3

1628.9
998.2
102.3
1422.8

1788.2
1053.8
103.8
1572.8

1859.8
1021.5
106.9
1557.3

1859.4
925.2
98.8
1547.7

1873.3
571.8
1301.5
1764.5
108.8
1818.0
55.3
10.3
45.0
14.8
2.5
0.0

1798.5
828.8
969.7
1681.5
117.0
1729.7
68.9
46.9
22.0
9.9
25.2
0.0

2699.4
2699.4
0.0
2497.6
201.8
2556.1
146.1
96.8
49.3
17.2
0.0
16.8

2702.6
1127.5
1575.1
2542.7
159.9
2598.4
108.6
93.7
14.9
19.4
0.0
0.0

2737.6
1379.1
1358.5
2602.6
135.0
2700.5
43.9
97.9
-54.0
13.9
0.0
0.0

3634.5
1746.8
1887.7
3265.7
368.8
3398.5
242.4
134.4
108.0
18.9
37.0
0.0

380.6
27.7
352.9

40.4
-13.1
53.5

-51.7
32.1
-83.8

57.4
-4.5
61.9

110.4
-67.9
178.3

-32.1
52.1
-84.2

89.7
442.6

29.5
83.0

134.4
50.6

99.3
161.2

39.0
217.3

150.9
66.7

62.9
93.5
72.9
316.2
3.1
7.3
20.3
206.0
97.0
18.6
0.5
1.1
32.9
6.4
13.0

65.3
95.7
59.0
342.5
1.5
-32.4
35.5
200.8
96.2
68.1
2.6
4.4
45.0
7.6
6.5

57.2
84.6
50.7
261.1
3.5
-62.1
265.6
234.5
94.7
66.3
3.6
11.5
34.9
4.7
12.5

59.3
87.3
42.7
294.5
0.9
-7.8
61.6
215.7
96.1
86.3
3.5
11.4
130.2
4.9
3.7

69.3
114.4
51.0
365.9
-3.5
-61.5
17.9
180.9
98.6
223.0
3.6
11.5
-25.7
5.3
-16.2

61.1
126.8
95.4
276.0
7.0
-162.3
226.2
222.7
93.5
55.4
3.7
16.0
17.5
4.4
26.2

1208.0
0.7
2.4
2.7
1.8
10.2
130.1
-38.6
24.3
20.6

48.0
7.5
1.2
1.3
0.7
4.4
120.5
-51.9
-4.0
20.1

0.0
0.0
1.8
2.9
1.9
10.3
189.7
123.1
50.1
23.5

0.0
0.0
0.6
0.8
-0.2
10.4
171.8
-72.4
0.1
21.6

0.0
0.0
-2.0
-2.9
-3.7
10.2
175.8
-462.5
1.3
18.1

240.8
9.0
3.0
5.8
4.8
9.7
234.8
-300.0
32.8
22.3

Quality Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

118

2004

2005

2006

2007

2008

2009

159.8
52.1
211.9
0.0
0.0
112.1
112.1
324.0

159.8
197.4
357.2
0.0
0.0
91.6
91.6
448.8

159.8
240.1
399.9
0.0
0.0
59.8
59.8
459.7

159.8
231.3
391.1
0.0
0.0
90.9
90.9
482.0

159.8
229.0
388.8
0.0
0.0
115.6
115.6
504.4

159.8
227.0
386.8
0.0
0.0
35.4
35.4
422.2

2.0
2.0
0.0
84.8
106.8
193.6
234.1
346.2
-40.5
248.6
-232.1

1.8
1.8
0.0
82.7
184.3
268.8
276.6
368.2
-7.8
308.4
-274.8

1.6
1.6
0.0
126.7
224.7
353.0
476.6
536.4
-123.6
431.3
-475.0

0.6
0.6
0.0
126.8
179.7
307.1
368.3
459.2
-61.2
351.8
-367.7

1.0
1.0
0.0
161.0
228.4
390.4
394.1
509.7
-3.7
409.5
-393.1

1.9
1.9
0.0
209.2
180.5
391.6
523.0
558.4
-131.4
375.7
-521.1

600.8
364.6
32.3
558.2

697.8
456.6
26.3
725.4

860.2
583.3
35.4
936.3

864.1
543.2
45.6
850.3

868.1
507.9
41.9
898.3

949.8
553.5
42.9
945.1

865.4
421.9
443.5
943.8
-78.4
968.8
-117.5
24.4
-141.9
8.2
0.0
0.0

761.6
624.0
137.6
665.1
96.5
684.3
78.3
27.2
51.1
4.5
0.0
0.0

888.4
888.4
0.0
789.0
99.4
811.4
78.2
45.8
32.4
5.7
16.0
0.0

953.9
686.2
267.7
866.5
87.4
888.5
66.8
52.3
14.5
4.8
0.0
0.0

1033.0
853.3
179.7
938.0
95.0
958.6
77.6
56.1
21.5
5.2
0.0
0.0

1220.9
933.0
287.9
1106.4
114.5
1141.2
80.9
70.0
10.9
2.3
0.0
0.0

-50.3
-150.1
99.8

124.8
46.6
78.2

10.9
10.7
0.2

22.3
9.7
12.6

22.4
16.3
6.1

-82.2
8.6
-90.8

-117.8
-18.0

72.9
151.1

46.1
46.3

55.3
67.9

58.2
64.3

51.5
-39.3

34.6
82.7
37.1
163.4
-25.4
132.6
111.9
2.8
9.8
5.6
-67.0

20.4
97.2
30.5
103.1
7.0
37.3
48.2
223.5
89.9
34.7
3.6
8.8
8.8
7.9
14.3

13.0
74.1
26.9
134.1
3.5
98.2
99.6
250.3
91.3
58.6
5.2
10.6
17.6
8.7
8.1

18.9
83.4
34.6
117.4
1.7
43.5
81.4
244.7
93.1
78.3
5.5
14.9
33.1
7.8
3.7

22.9
99.1
41.1
131.1
2.4
72.8
90.5
243.3
92.8
72.3
5.4
13.7
24.2
10.0
5.5

8.4
74.9
40.4
144.4
1.2
-10.5
-131.0
242.1
93.5
86.5
5.7
18.6
21.1
14.6
2.8

0.0
-16.4
-8.9
-9.4
8.5
155.0
-990.0
6.1
13.3

0.0
6.7
3.2
2.9
7.2
105.0
-136.0
-12.0
22.4

166.9
4.0
3.6
2.0
1.7
7.8
94.9
-37.5
16.6
25.0

0.0
0.0
1.5
0.9
0.6
7.8
112.2
-55.0
7.4
24.5

0.0
0.0
2.1
1.3
1.0
7.7
115.0
44.4
8.3
24.3

0.0
0.0
0.9
0.7
0.5
8.4
129.2
-46.2
18.2
24.2

Quetta Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

119

2004

2005

2006

2007

2008

2009

31.3
402.1
433.4
0.0
0.0
883.7
883.7
1317.1

31.3
618.7
650.0
0.0
0.0
1422.6
1422.6
2072.6

31.3
669.5
700.8
0.0
0.0
1589.7
1589.7
2290.5

31.3
701.4
732.7
0.0
0.0
2118.1
2118.1
2850.8

31.3
382.7
414.0
0.0
0.0
2451.7
2451.7
2865.7

31.3
2018.0
2049.3
0.0
1385.0
761.8
2146.8
4196.1

299.4
12.8
286.6
654.8
646.6
1600.8
1852.4
2736.1
-251.6
2119.8
-1553.0

66.7
9.3
57.4
738.9
1109.0
1914.6
2317.2
3739.8
-402.6
3074.0
-2250.5

90.1
6.7
83.4
807.3
1210.4
2107.8
2887.1
4476.8
-779.3
3768.9
-2797.0

7.7
5.7
2.0
1117.3
1104.0
2229.0
2810.4
4928.5
-581.4
3505.4
-2802.7

135.2
2.9
132.3
1183.9
2074.6
3393.7
4647.6
7099.3
-1253.9
5187.6
-4512.4

3.1
3.1
0.0
1691.1
2229.2
3923.4
4716.0
6862.8
-792.6
2525.4
-4712.9

2766.1
1568.7
153.4
3169.5

3802.9
2475.2
130.5
4389.8

4645.2
3069.8
248.1
5177.6

5066.8
3432.1
151.5
5661.1

6184.2
4119.6
178.5
7513.3

7411.5
4988.7
211.1
8912.1

4115.1
1540.7
2574.4
3865.7
249.4
3898.9
227.5
141.9
85.6
32.3
0.0
0.0

2859.9
757.2
2102.7
2608.0
251.9
2644.6
250.9
137.1
113.8
25.5
0.0
0.0

4735.9
2130.6
2605.3
4339.9
396.0
4367.0
383.9
292.6
91.3
38.7
4.7
0.0

5093.4
2467.4
2626.0
4592.9
500.5
4625.4
493.3
348.8
144.5
37.3
4.7
0.0

6015.5
2696.6
3318.9
5421.7
593.8
5485.7
541.8
495.3
46.5
33.3
0.0
0.0

7200.8
3601.0
3599.8
6177.2
1023.6
6325.1
929.6
830.5
99.1
37.3
0.0
0.0

92.2
53.3
38.9

755.5
88.3
667.2

217.9
47.9
170.0

560.3
102.5
457.8

14.9
13.2
1.7

1330.4
61.8
1268.6

206.7
245.6

218.8
886.0

296.0
466.0

254.0
711.8

191.7
193.4

272.9
1541.5

67.1
86.4
51.5
631.3
2.7
57.8
84.2
1384.7
94.7
62.4
3.4
6.7
37.7
6.0
19.8

68.6
82.6
34.8
575.4
2.6
11.7
24.7
2076.7
92.5
54.6
4.8
4.5
22.4
7.7
17.5

69.4
73.0
31.1
638.8
1.8
22.0
63.5
2239.0
92.2
76.2
6.2
7.8
42.4
7.5
13.0

74.3
79.3
40.0
672.6
2.6
18.3
35.7
2340.9
90.8
70.7
6.8
10.0
25.8
7.4
19.7

85.6
73.0
28.4
1714.8
0.6
88.6
99.1
1322.7
91.2
91.4
8.2
9.5
71.6
9.2
11.2

51.2
83.2
35.9
334.9
1.1
4.6
17.7
6547.3
87.8
89.3
11.5
32.9
37.6
12.3
4.8

0.0
2.1
27.3
17.0
10.9
129.8
12.8
23.3
138.5

0.0
4.0
36.4
28.2
8.3
65.1
33.3
-30.5
207.7

1119.1
0.7
1.9
29.2
16.8
10.0
91.5
-19.8
65.6
223.9

2280.9
0.6
2.8
46.2
34.2
4.9
90.0
58.2
7.5
234.1

0.0
0.0
0.8
14.9
4.2
5.2
80.1
-67.7
18.1
132.3

0.0
0.0
1.4
31.7
19.7
5.1
80.8
112.8
19.7
654.7

Ravi Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

120

2004

2005

2006

2007

2008

2009

70.4
-40.7
29.7
0.0
0.0
67.4
67.4
97.1

70.4
117.5
187.9
0.0
0.0
60.6
60.6
248.5

70.4
75.8
146.2
0.0
0.0
32.0
32.0
178.2

70.4
-65.9
4.5
0.0
0.0
54.6
54.6
59.1

70.4
72.8
143.2
0.0
0.0
32.3
32.3
175.5

250.0
-9.9
240.1
0.0
0.0
0.0
0.0
240.1

2.6
2.6
0.0
44.1
47.4
94.1
119.0
186.4
-24.9
109.1
-116.4

0.1
0.1
0.0
21.5
89.7
111.3
137.5
198.1
-26.2
143.8
-137.4

0.4
0.4
0.0
48.1
78.6
127.1
211.2
243.2
-84.1
126.3
-210.8

0.2
0.2
0.0
12.7
0.6
13.5
142.3
196.9
-128.8
72.6
-142.1

3.9
3.9
0.0
28.6
23.9
56.4
207.4
239.7
-151.0
32.3
-203.5

2.1
2.1
0.0
82.0
51.2
135.3
196.9
196.9
-61.6
87.7
-194.8

371.2
121.9
11.1
216.0

372.1
274.7
7.9
386.0

293.3
262.3
13.7
389.4

262.3
187.8
13.8
201.3

336.9
326.5
12.1
382.9

349.1
301.8
17.5
437.1

521.3
521.3
0.0
501.7
19.6
515.9
6.3
8.7
-2.4
2.3
0.0
0.0

361.2
361.2
0.0
361.1
0.1
372.1
-9.5
7.8
-17.3
1.6
0.0
0.0

448.2
448.2
0.0
443.4
4.8
460.5
-11.6
18.3
-29.9
2.2
0.0
0.0

282.7
282.7
0.0
301.4
-18.7
338.3
-54.7
9.2
-63.9
1.4
0.0
0.0

12.6
12.6
0.0
27.2
-14.6
38.1
6.6
2.0
4.6
0.1
0.0
0.0

316.8
316.8
0.0
347.1
-30.3
358.3
12.8
12.5
0.3
0.0
0.0
0.0

-8.1
-4.7
-3.4

151.4
-18.9
170.3

-70.3
-32.1
-38.2

-119.1
-65.3
-53.8

116.4
4.5
111.9

64.6
0.3
64.3

6.4
3.0

-11.0
159.3

-18.4
-56.6

-51.5
-105.3

16.6
128.5

17.8
82.1

69.4
79.1
39.2
627.6
-1.1
213.3
42.2
99.0
138.1
1.7
8.0
0.6
-8.1

24.4
80.9
15.7
105.4
-4.5
-12.5
-6.9
266.9
103.0
2.2
5.4
0.5
-9.2

18.0
60.2
23.0
166.3
-7.7
45.7
32.5
207.7
102.7
-157.8
4.1
14.5
-7.4
0.7
-20.5

92.4
9.5
9.1
4375.6
-31.7
54.8
48.9
6.4
119.7
-16.8
3.3
12.7
-2.2
0.0
-1420.0

18.4
27.2
15.7
167.4
1.2
3.9
12.9
203.4
302.4
30.3
15.9
6.2
2.2
28.6
3.2

0.0
68.7
42.7
82.0
0.1
0.5
21.7
96.0
113.1
97.7
3.9
14.3
0.0
2.5
0.1

0.0
-0.5
-0.3
-0.7
8.5
241.3
-109.1
36.1
4.2

0.0
-4.8
-2.5
-2.7
6.5
93.6
733.3
-30.7
26.7

0.0
0.0
-6.7
-4.2
-4.6
5.0
115.1
68.0
24.1
20.8

0.0
0.0
-22.6
-9.1
-9.3
3.5
140.4
116.7
-36.9
0.6

0.0
0.0
36.5
0.7
0.6
6.4
3.3
-107.7
-95.5
20.3

0.0
0.0
0.1
0.0
0.0
5.2
72.5
-100.0
2414.3
9.6

Redco Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

121

2004

2005

2006

2007

2008

2009

212.9
298.6
511.5
0.0
0.0
132.7
132.7
644.2

212.9
637.8
850.7
0.0
0.0
71.2
71.2
921.9

212.9
637.8
850.7
0.0
0.0
71.2
71.2
921.9

212.9
319.3
532.2
0.0
0.0
114.3
114.3
646.5

492.9
49.2
542.1
0.0
0.0
74.0
74.0
616.1

492.9
42.4
535.3
0.0
0.0
3.2
3.2
538.5

0.2
0.2
0.0
136.3
207.0
343.5
640.3
773.0
-296.8
248.1
-640.1

0.2
0.2
0.0
154.9
164.1
319.2
322.3
393.5
-3.1
226.6
-322.1

0.2
0.2
0.0
154.9
164.1
319.2
322.3
393.5
-3.1
226.6
-322.1

0.8
0.7
0.1
228.8
186.8
416.4
743.9
858.2
-327.5
156.5
-743.1

25.4
22.6
2.8
298.3
209.4
533.1
816.6
890.6
-283.5
150.0
-791.2

3.3
3.3
0.0
322.3
204.1
529.7
887.2
890.4
-357.5
116.4
-883.9

960.2
941.0
294.5
1284.5

1241.8
925.1
35.1
1244.3

1241.8
925.1
35.1
1244.3

1557.2
974.1
40.9
1390.5

1232.6
899.6
45.5
1432.7

1286.1
896.0
44.5
1425.7

622.0
426.8
195.2
613.3
8.7
629.5
-7.0
8.3
-15.3
2.8
0.0
0.0

493.8
384.8
109.0
443.3
50.5
455.9
57.9
9.9
48.0
2.3
0.0
0.0

493.8
384.8
109.0
443.3
50.5
455.9
57.9
9.9
48.0
2.3
0.0
0.0

742.5
627.2
115.3
675.2
67.3
700.6
36.3
35.8
0.5
3.1
0.0
0.0

1036.3
961.7
74.6
1029.5
6.8
1050.7
-14.3
29.3
-43.6
4.8
0.0
0.0

1035.9
999.3
36.6
994.4
41.5
1011.2
25.0
26.9
-1.9
0.4
0.0
0.0

235.5
-18.1
253.6

277.7
45.7
232.0

0.0
45.7
-45.7

-275.4
-2.6
-272.8

-30.4
-48.4
18.0

-77.6
-2.3
-75.3

276.4
530.0

80.8
312.8

80.8
35.1

38.3
-234.5

-2.9
15.1

42.2
-33.1

20.6
53.6
21.3
151.1
-1.2
-7.7
52.2
240.3
101.2
1.3
3.3
7.8
-3.0

7.7
99.0
48.1
46.3
3.9
16.5
25.8
399.6
92.3
17.1
2.0
4.4
4.8
17.2
5.6

7.7
99.0
48.1
46.3
3.9
0.0
230.2
399.6
92.3
17.1
2.0
4.4
4.8
17.2
5.6

17.7
56.0
30.9
161.3
0.0
0.9
-16.3
250.0
94.4
98.6
4.8
22.9
620.0
11.9
0.1

12.0
65.3
39.6
164.3
-3.0
159.2
-19.2
110.0
101.4
-204.9
2.8
19.5
-11.0
12.6
-8.0

0.6
59.7
36.7
166.3
-0.1
3.0
-127.5
108.6
97.6
107.6
2.6
23.1
-21.1
17.2
-0.4

0.0
-2.5
-0.7
-0.9
44.7
48.4
-30.0
18.1
24.0

0.0
0.0
9.7
2.3
2.1
3.7
39.7
-428.6
-20.6
40.0

0.0
0.0
9.7
2.3
2.1
3.7
39.7
0.0
0.0
40.0

0.0
0.0
0.1
0.0
-0.1
4.3
53.4
-100.0
50.4
25.0

0.0
0.0
-4.2
-0.9
-1.0
4.7
72.3
0.0
39.6
11.0

0.0
0.0
-0.2
0.0
0.0
4.9
72.7
-100.0
0.0
10.9

Regent Textile Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

122

2004

2005

2006

2007

2008

2009

47.6
-48.8
-1.2
0.0
0.0
3.5
3.5
2.3

47.6
104.6
152.2
0.0
0.0
7.7
7.7
159.9

47.6
-29.1
18.5
0.0
0.0
16.8
16.8
35.3

47.6
-14.4
33.2
0.0
0.0
15.7
15.7
48.9

47.6
-13.9
33.7
0.0
0.0
11.6
11.6
45.3

47.6
-32.1
15.5
0.0
0.0
11.4
11.4
26.9

0.2
0.2
0.0
18.3
14.9
33.4
183.4
186.9
-150.0
3.5
-183.2

0.4
0.4
0.0
37.8
19.2
57.4
45.5
53.2
11.9
7.7
-45.1

1.3
1.3
0.0
49.1
17.7
68.1
198.2
215.0
-130.1
23.1
-196.9

6.3
1.7
4.6
49.0
30.2
85.5
214.0
229.7
-128.5
47.0
-207.7

8.2
3.0
5.2
63.1
27.4
98.7
222.9
234.5
-124.2
64.8
-214.7

6.4
0.5
5.9
62.8
3.4
72.6
208.0
219.4
-135.4
31.1
-201.6

301.5
152.3
7.1
185.7

303.2
147.9
4.8
205.3

329.4
165.3
8.7
233.4

350.2
177.4
8.9
262.9

346.3
169.5
9.1
268.2

347.4
162.3
8.3
234.9

78.1
78.1
0.0
79.8
-1.7
80.7
-2.2
0.5
-2.7
0.3
0.0
0.0

71.7
71.7
0.0
66.0
5.7
67.4
5.1
0.3
4.8
0.3
0.0
0.0

202.2
202.2
0.0
181.7
20.5
184.2
19.0
2.7
16.3
1.0
2.4
0.0

233.5
233.5
0.0
216.6
16.9
219.2
15.9
2.9
13.0
1.2
0.0
0.0

281.4
281.4
0.0
265.1
16.3
268.5
14.3
10.8
3.5
1.4
0.0
0.0

274.8
274.8
0.0
283.1
-8.3
286.6
-10.3
10.7
-21.0
0.1
0.0
0.0

-6.4
-3.0
-3.4

157.6
4.5
153.1

-124.6
12.9
-137.5

13.6
11.8
1.8

-3.6
2.1
-5.7

-18.4
-21.1
2.7

4.1
0.7

9.3
162.4

21.6
-115.9

20.7
22.5

11.2
5.5

-12.8
-10.1

152.2
18.2
10.1
-1.5
585.7
-2.5
103.3
0.6
14.3
5.0
-

4.8
126.2
84.0
35.0
2.3
2.9
5.7
319.7
94.0
5.9
0.4
3.9
6.3
38.6
3.2

47.6
34.4
25.4
1162.2
7.0
-10.4
-18.6
38.9
91.1
14.2
1.3
11.7
6.1
1.6
88.1

32.1
40.0
25.8
691.9
4.9
86.8
92.0
69.7
93.9
18.2
1.2
6.2
9.2
1.5
39.2

25.6
44.3
32.0
695.8
1.3
-58.3
203.6
70.8
95.4
75.5
3.8
16.7
40.0
9.8
10.4

42.4
34.9
33.3
1415.5
-8.9
114.7
126.7
32.6
104.3
-103.9
3.9
34.4
-0.5
8.6
-135.5

-3.5
-0.6
-0.6
4.3
42.1
-57.1
-25.6
-0.3

0.0
6.7
1.0
0.9
3.2
34.9
-266.7
-8.2
32.0

637.5
13.0
8.1
3.4
3.2
5.9
86.6
240.0
182.0
3.9

0.0
0.0
5.6
2.7
2.5
5.4
88.8
-20.6
15.5
7.0

0.0
0.0
1.2
0.7
0.4
5.1
104.9
-74.1
20.5
7.1

0.0
0.0
-7.6
-4.4
-4.4
4.9
117.0
-728.6
-2.3
3.3

Reliance Cotton Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

123

2004

2005

2006

2007

2008

2009

102.9
247.7
350.6
0.0
0.0
100.0
100.0
450.6

102.9
289.9
392.8
0.0
0.0
100.0
100.0
492.8

102.9
291.6
394.5
0.0
0.0
160.0
160.0
554.5

102.9
345.9
448.8
0.0
0.0
80.0
80.0
528.8

102.9
345.9
448.8
0.0
0.0
80.0
80.0
528.8

102.9
532.5
635.4
0.0
0.0
0.0
0.0
635.4

15.1
15.1
0.0
219.6
197.4
432.1
336.9
436.9
95.2
344.6
-321.8

9.6
9.6
0.0
305.0
314.8
629.4
601.3
701.3
28.1
620.6
-591.7

3.7
3.7
0.0
227.0
303.7
534.4
501.8
661.8
32.6
584.5
-498.1

7.0
7.0
0.0
237.3
314.6
558.9
525.4
605.4
33.5
453.0
-518.4

7.0
7.0
0.0
237.3
314.6
558.9
525.4
605.4
33.5
453.0
-518.4

126.6
8.8
117.8
288.2
594.5
1009.3
844.7
844.7
164.6
710.6
-718.1

659.9
355.4
34.8
787.5

786.0
464.7
29.4
1094.1

908.9
521.9
49.2
1056.3

924.7
495.1
50.3
1054.0

924.7
495.1
50.3
1054.0

1000.0
470.7
46.3
1480.0

863.0
190.1
672.9
790.2
72.8
803.5
60.2
15.9
44.3
10.2
12.9
0.0

777.4
181.1
596.3
677.4
100.0
689.3
89.2
29.8
59.4
7.3
12.9
0.0

1154.8
205.8
949.0
1043.2
111.6
1059.1
101.8
65.6
36.2
9.6
10.3
0.0

1341.2
245.4
1095.8
1182.4
158.8
1202.9
140.6
65.3
75.3
16.4
10.3
0.0

1341.2
245.4
1095.8
1182.4
158.8
1202.9
140.6
65.3
75.3
16.4
10.3
0.0

1545.0
306.5
1238.5
1232.4
312.6
1347.0
274.2
109.1
165.1
14.5
15.4
0.0

112.7
21.2
91.5

42.2
39.2
3.0

61.7
16.3
45.4

-25.7
48.6
-74.3

0.0
48.6
-48.6

106.6
135.2
-28.6

56.0
147.5

68.6
71.6

65.5
110.9

98.9
24.6

98.9
50.3

181.5
152.9

22.2
128.3
69.7
124.6
5.6
18.8
38.0
340.7
93.1
26.4
1.8
4.6
23.0
19.3
12.6

20.3
104.7
52.3
178.5
5.4
92.9
95.8
381.7
88.7
33.4
3.8
4.8
12.3
28.9
15.1

28.9
106.5
46.0
167.8
3.4
26.4
59.1
383.4
91.7
64.4
5.7
11.2
26.5
15.0
9.2

15.1
106.4
46.5
134.9
7.1
-189.1
402.0
436.2
89.7
46.4
4.9
14.4
21.8
14.8
16.8

15.1
106.4
46.5
134.9
7.1
0.0
196.6
436.2
89.7
46.4
4.9
14.4
21.8
14.8
16.8

0.0
119.5
49.1
132.9
11.2
126.8
118.7
617.5
87.2
39.8
7.1
15.4
8.8
15.6
26.0

264.3
3.7
5.1
4.3
3.3
10.1
109.6
-20.4
18.8
34.1

403.9
3.3
7.6
5.8
5.1
8.3
71.1
34.9
-9.9
38.2

258.3
2.6
3.1
3.5
2.6
10.6
109.3
-39.7
48.5
38.3

571.8
2.3
5.6
7.3
5.7
9.6
127.2
108.6
16.1
43.6

571.8
2.3
5.6
7.3
5.7
9.6
127.2
0.0
0.0
43.6

977.9
2.4
10.7
16.0
14.6
9.4
104.4
119.2
15.2
61.7

Reliance Weaving Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

124

2004

2005

2006

2007

2008

2009

205.4
459.8
665.2
0.0
0.0
421.8
421.8
1087.0

246.5
510.1
756.6
0.0
42.9
983.2
1026.1
1782.7

246.5
590.6
837.1
0.0
0.0
523.5
523.5
1360.6

308.1
569.8
877.9
0.0
0.0
937.3
937.3
1815.2

308.1
459.4
767.5
0.0
0.0
573.4
573.4
1340.9

308.1
734.7
1042.8
0.0
0.0
696.4
696.4
1739.2

51.6
51.6
0.0
307.8
557.0
916.4
958.3
1380.1
-41.9
1116.4
-906.7

8.3
8.3
0.0
561.3
787.0
1356.6
1610.1
2636.2
-253.5
2359.3
-1601.8

103.1
32.6
70.5
532.4
746.6
1382.1
1984.8
2508.3
-602.7
1822.0
-1881.7

111.8
41.8
70.0
726.9
772.4
1611.1
1613.7
2551.0
-2.6
2273.9
-1501.9

75.7
75.7
0.0
892.8
1343.1
2311.6
2778.1
3351.5
-466.5
2835.4
-2702.4

197.9
18.2
179.7
518.9
1124.6
1841.4
2386.7
3083.1
-545.3
2716.6
-2188.8

1698.8
1129.0
113.3
2045.4

2726.0
2036.1
88.2
3392.7

2808.7
1963.2
188.3
3345.3

2862.6
1817.9
2.4
3429.0

2932.4
1807.5
174.5
4119.1

3588.6
2284.5
87.1
4125.9

2781.6
544.7
2236.9
2493.8
287.8
2573.7
208.2
82.5
125.7
22.0
0.0
0.0

2077.6
764.4
1313.2
1819.8
257.8
1893.1
204.8
93.2
111.6
10.5
20.5
41.1

3150.6
1367.6
1783.0
2728.0
422.6
2825.0
343.4
199.4
144.0
17.9
0.0
61.6

3401.0
1070.2
2330.8
3054.6
346.4
3160.6
279.7
232.4
47.3
15.4
0.0
0.0

3509.6
867.2
2642.4
3193.8
315.8
3339.5
287.2
368.1
-80.9
26.4
0.0
0.0

4337.5
1154.0
3183.5
3665.2
672.3
3880.7
472.5
646.9
-174.4
31.8
0.0
0.0

-18.2
103.7
-121.9

695.7
80.6
615.1

-422.1
126.1
-548.2

454.6
31.9
422.7

-474.3
-107.3
-367.0

398.3
-206.2
604.5

217.0
95.1

168.8
783.9

314.4
-233.8

34.3
457.0

67.2
-299.8

-119.1
485.4

38.8
95.6
37.5
207.5
6.1
228.2
323.9
92.5
39.6
3.0
7.4
17.5
5.1
18.9

57.6
84.3
35.4
348.4
3.3
11.6
21.5
306.9
91.1
45.5
4.5
4.0
9.4
9.8
14.8

38.5
69.6
32.0
299.6
4.3
-29.9
-134.5
339.6
89.7
58.1
6.3
10.9
12.4
7.3
17.2

51.6
99.8
52.0
290.6
1.4
7.0
7.5
284.9
92.9
83.1
6.8
10.2
32.6
4.6
5.4

42.8
83.2
34.9
436.7
-2.0
22.6
-22.4
249.1
95.2
128.2
10.5
13.0
-32.6
9.5
-10.5

40.0
77.2
30.0
295.7
-4.2
-51.8
-24.5
338.5
89.5
136.9
14.9
23.8
-18.2
4.6
-16.7

0.0
4.5
6.1
5.0
9.7
136.0
15.1
22.6
32.4

493.2
2.7
5.4
4.5
4.1
7.8
61.2
-26.2
-25.3
30.7

0.0
0.0
4.6
5.8
5.1
9.2
94.2
28.9
51.6
34.0

0.0
0.0
1.4
1.5
1.0
0.1
99.2
-74.1
7.9
28.5

0.0
0.0
-2.3
-2.6
-3.5
9.2
85.2
-273.3
3.2
24.9

0.0
0.0
-4.0
-5.7
-6.7
4.8
105.1
119.2
23.6
33.8

Resham Textile Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

125

2004

2005

2006

2007

2008

2009

183.9
194.6
378.5
0.0
0.0
53.7
53.7
432.2

245.2
214.1
459.3
0.0
0.0
296.8
296.8
756.1

245.2
174.4
419.6
0.0
0.0
279.9
279.9
699.5

300.0
82.7
382.7
0.0
0.0
302.7
302.7
685.4

360.0
35.1
395.1
0.0
0.0
432.7
432.7
827.8

360.0
20.3
380.3
0.0
0.0
378.3
378.3
758.6

25.1
25.1
0.0
39.0
98.6
162.7
137.7
191.4
25.0
101.9
-112.6

0.7
0.7
0.0
29.8
209.8
240.3
236.4
533.2
3.9
484.5
-235.7

2.8
2.8
0.0
98.6
171.6
273.0
348.7
628.6
-75.7
533.6
-345.9

5.0
5.0
0.0
78.8
186.5
270.3
354.8
657.5
-84.5
488.4
-349.8

4.0
4.0
0.0
56.0
226.3
286.3
341.4
774.1
-55.1
585.6
-337.4

5.6
5.6
0.0
65.0
289.0
359.6
422.2
800.5
-62.6
686.4
-416.6

418.0
407.1
26.9
569.8

791.0
752.2
28.1
992.5

852.4
775.1
50.5
1048.1

909.3
769.9
69.9
1040.2

1089.8
882.8
66.5
1169.1

1099.2
821.2
72.1
1180.8

919.6
701.1
218.5
878.0
41.6
893.5
27.3
10.5
16.8
6.2
0.0
0.0

640.5
262.3
378.2
580.7
59.8
604.3
37.5
16.0
21.5
1.4
0.0
0.0

977.2
977.2
0.0
925.0
52.2
940.8
43.8
50.2
-6.4
5.2
0.0
0.0

1204.1
1160.8
43.3
1157.3
46.8
1172.6
49.4
80.6
-31.2
6.3
0.0
0.0

1302.2
1297.1
5.1
1266.0
36.2
1283.3
25.0
79.3
-54.3
6.5
0.0
0.0

1542.1
1520.3
21.8
1419.1
123.0
1448.3
98.4
112.2
-13.8
0.2
0.0
0.0

145.3
10.6
134.7

323.9
20.1
303.8

-56.6
-11.6
-45.0

-14.1
-37.5
23.4

142.4
-60.8
203.2

-69.2
-14.0
-55.2

37.5
172.2

48.2
352.0

38.9
-6.1

32.4
55.8

5.7
208.9

58.1
2.9

12.4
118.2
46.6
50.6
2.9
7.3
21.8
205.8
97.2
38.5
1.1
10.3
36.9
0.8
4.4

39.3
101.6
12.9
116.1
2.2
6.2
13.7
187.3
94.3
42.7
2.5
3.3
6.5
1.5
4.7

40.0
78.3
29.1
149.8
-0.6
20.5
-637.7
171.1
96.3
114.6
5.1
9.4
-81.3
1.2
-1.5

44.2
76.2
23.6
171.8
-3.0
266.0
58.1
127.6
97.4
163.2
6.7
16.5
-20.2
2.2
-8.2

52.3
83.9
17.6
195.9
-4.6
-42.7
2.7
109.8
98.5
317.2
6.1
13.5
-12.0
0.8
-13.7

49.9
85.2
16.7
210.5
-1.2
20.2
2003.4
105.6
93.9
114.0
7.3
16.3
-1.4
1.5
-3.6

0.0
1.8
0.9
0.6
10.1
161.4
-400.0
14.5
20.6

0.0
3.4
0.9
0.8
6.9
64.5
0.0
-30.4
18.7

0.0
0.0
-0.7
-0.3
-0.5
6.7
93.2
-133.3
52.6
17.1

0.0
0.0
-2.6
-1.0
-1.3
9.0
115.8
233.3
23.2
12.8

0.0
0.0
-4.2
-1.5
-1.7
8.6
111.4
50.0
8.1
11.0

0.0
0.0
-0.9
-0.4
-0.4
8.2
130.6
-73.3
18.4
10.6

Ruby Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

126

2004

2005

2006

2007

2008

2009

98.0
280.0
378.0
0.0
0.0
194.4
194.4
572.4

98.0
276.4
374.4
0.0
0.0
37.8
37.8
412.2

196.0
249.4
445.4
0.0
0.0
158.5
158.5
603.9

196.0
165.6
361.6
0.0
0.0
327.0
327.0
688.6

392.0
233.6
625.6
0.0
0.0
279.9
279.9
905.5

392.0
133.6
525.6
0.0
0.0
414.4
414.4
940.0

36.8
36.8
0.0
43.1
118.4
198.3
200.7
395.1
-2.4
296.5
-163.9

16.7
16.7
0.0
47.4
102.3
166.4
328.8
366.6
-162.4
166.2
-312.1

3.0
3.0
0.0
104.1
146.4
253.5
278.6
437.1
-25.1
384.3
-275.6

15.5
15.5
0.0
175.2
93.8
284.5
584.3
911.3
-299.8
503.8
-568.8

2.5
2.5
0.0
158.7
198.7
359.9
603.3
883.2
-243.4
531.3
-600.8

1.0
1.0
0.0
142.7
223.7
367.4
530.8
945.2
-163.4
629.4
-529.8

800.0
574.8
17.2
773.1

810.8
574.6
23.6
741.0

891.4
629.0
30.3
882.5

1233.7
988.5
32.4
1273.0

1169.5
1148.8
45.7
1508.7

1169.6
1103.3
50.3
1470.7

618.6
518.7
99.9
579.4
39.2
594.1
25.5
10.3
15.2
3.0
4.9
0.0

508.8
430.8
78.0
479.0
29.8
494.4
18.3
12.1
6.2
2.6
4.9
0.0

643.1
551.7
91.4
613.1
30.0
635.3
9.0
25.2
-16.2
3.2
0.0
0.0

896.8
741.2
155.6
870.1
26.7
893.9
4.8
61.2
-56.4
4.5
0.0
0.0

1081.1
899.3
181.8
1029.1
52.0
1058.0
26.2
78.9
-52.7
5.4
0.0
0.0

856.6
800.1
56.5
830.1
26.5
861.6
-2.2
104.7
-106.9
0.6
0.0
0.0

425.6
7.3
418.3

-160.2
-1.3
-158.9

191.7
-19.4
211.1

84.7
-60.9
145.6

216.9
-58.1
275.0

34.5
-107.5
142.0

24.5
442.8

22.3
-136.6

10.9
222.0

-28.5
117.1

-12.4
262.6

-57.2
84.8

34.0
98.8
39.8
104.5
2.0
1.7
5.5
385.7
96.0
40.4
1.7
3.5
19.7
1.9
4.0

9.2
50.6
19.5
97.9
0.8
382.0
97.2
66.1
2.4
7.3
41.9
3.3
1.7

26.2
91.0
38.4
98.1
-1.8
-10.1
4.9
227.2
98.8
280.0
3.9
6.6
-19.8
2.8
-3.6

47.5
48.7
32.6
252.0
-4.4
-71.9
-24.3
184.5
99.7
1275.0
6.8
12.1
-8.0
4.4
-15.6

30.9
59.7
26.7
141.2
-3.5
-26.8
-4.7
159.6
97.9
301.1
7.3
14.9
-10.2
3.2
-8.4

44.1
69.2
27.1
179.8
-7.3
-311.6
-67.5
134.1
100.6
-4759.1
12.2
16.6
-0.6
2.1
-20.3

249.0
1.3
2.5
1.6
1.2
5.8
80.0
1500.0
27.8
38.6

73.5
1.3
1.2
0.6
0.4
4.1
68.7
-62.5
-17.7
38.2

0.0
0.0
-2.5
-0.8
-1.0
5.3
72.9
-233.3
26.4
22.7

0.0
0.0
-6.3
-2.9
-3.1
5.2
70.4
262.5
39.4
18.4

0.0
0.0
-4.9
-1.3
-1.5
4.6
71.7
-55.2
20.6
16.0

0.0
0.0
-12.5
-2.7
-2.7
4.4
58.2
107.7
-20.8
13.4

Safa Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

127

2004

2005

2006

2007

2008

2009

40.0
-6.9
33.1
0.0
0.0
0.0
0.0
33.1

40.0
-2.6
37.4
0.0
0.0
0.0
0.0
37.4

40.0
0.2
40.2
0.0
0.0
1.0
1.0
41.2

40.0
9.6
49.6
0.0
0.0
0.3
0.3
49.9

40.0
8.0
48.0
0.0
0.0
0.0
0.0
48.0

40.0
11.6
51.6
0.0
0.0
0.0
0.0
51.6

2.2
2.2
0.0
8.5
6.5
17.2
6.6
6.6
10.6
0.0
-4.4

0.4
0.4
0.0
13.5
14.2
28.1
26.8
26.8
1.3
0.0
-26.4

0.3
0.3
0.0
11.3
19.9
31.5
32.0
33.0
-0.5
1.0
-31.7

4.3
4.3
0.0
7.9
69.9
82.1
83.8
84.1
-1.7
44.6
-79.5

1.1
1.1
0.0
18.4
68.6
88.1
100.1
100.1
-12.0
54.3
-99.0

5.6
5.6
0.0
68.0
52.5
126.1
125.0
125.0
1.1
82.6
-119.4

37.1
22.6
2.0
39.8

52.8
36.0
1.8
64.1

61.9
41.7
3.5
73.2

73.9
51.6
3.7
133.7

86.5
60.1
4.8
148.2

84.1
50.5
5.5
176.6

158.5
0.0
158.5
138.3
20.2
153.7
5.0
1.2
3.8
1.2
0.0
0.0

180.5
0.0
180.5
156.5
24.0
173.9
6.8
1.2
5.6
1.4
0.0
0.0

227.8
17.1
210.7
196.5
31.3
220.4
7.5
2.3
5.2
2.1
0.0
0.0

265.7
0.0
265.7
223.9
41.8
249.3
16.4
4.4
12.0
2.7
0.0
0.0

367.4
0.0
367.4
328.3
39.1
357.7
9.4
5.5
3.9
3.5
0.0
0.1

395.3
2.0
393.3
350.2
45.1
386.2
12.4
4.9
7.5
3.9
0.0
0.0

2.5
2.6
-0.1

4.3
4.2
0.1

3.8
3.1
0.7

8.7
9.3
-0.6

-1.9
0.4
-2.3

3.6
3.6
0.0

4.6
4.5

6.0
6.1

6.6
7.3

13.0
12.4

5.2
2.9

9.1
9.1

0.0
260.6
162.1
19.9
9.5
104.0
102.2
82.8
97.0
24.0
0.8
31.6
0.6
11.5

0.0
104.9
51.9
71.7
8.7
97.7
98.4
93.5
96.3
17.6
0.7
25.0
2.9
15.0

2.4
98.4
36.3
82.1
7.1
81.6
90.4
100.5
96.8
30.7
1.0
230.0
40.4
0.0
12.9

0.6
98.0
14.6
169.6
9.0
106.9
104.8
124.0
93.8
26.8
1.7
9.9
22.5
0.0
24.2

0.0
88.0
19.5
208.5
2.6
-21.1
179.3
120.0
97.4
58.5
1.5
10.1
89.7
2.1
8.1

0.0
100.9
58.9
242.2
4.2
100.0
100.0
129.0
97.7
39.5
1.2
5.9
52.0
5.8
14.5

0.0
2.4
1.0
0.7
10.7
398.2
100.0
19.5
8.3

0.0
3.1
1.4
1.1
8.0
281.6
40.0
13.9
9.4

0.0
0.0
2.3
1.3
0.8
9.7
311.2
-7.1
26.2
10.1

0.0
0.0
4.5
3.0
2.3
8.8
198.7
130.8
16.6
12.4

0.0
0.0
1.1
1.0
0.1
9.3
247.9
-66.7
38.3
12.0

0.0
0.0
1.9
1.9
0.9
9.4
223.8
90.0
7.6
12.9

Saif Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

128

2004

2005

2006

2007

2008

2009

189.1
613.6
802.7
0.0
0.0
991.0
991.0
1793.7

189.1
502.5
691.6
0.0
0.0
1018.6
1018.6
1710.2

189.1
710.7
899.8
0.0
0.0
982.0
982.0
1881.8

264.1
749.3
1013.4
0.0
0.0
1070.6
1070.6
2084.0

264.1
709.4
973.5
0.0
0.0
883.6
883.6
1857.1

264.1
235.1
499.2
0.0
0.0
1170.6
1170.6
1669.8

25.6
7.0
18.6
348.5
600.4
974.5
951.1
1942.1
23.4
1761.8
-925.5

26.9
1.9
25.0
436.9
797.4
1261.2
1335.7
2354.3
-74.5
2185.9
-1308.8

45.1
15.0
30.1
465.1
955.6
1465.8
1704.4
2686.4
-238.6
2339.3
-1659.3

3.2
3.2
0.0
942.7
933.6
1879.5
2097.5
3168.1
-218.0
2567.0
-2094.3

4.9
4.9
0.0
1181.7
911.5
2098.1
2435.4
3319.0
-337.3
2362.2
-2430.5

13.2
3.2
10.0
1075.0
685.8
1774.0
2330.0
3500.6
-556.0
2686.8
-2316.8

1898.0
1770.4
119.6
2744.9

2448.4
1784.7
130.7
3045.9

2779.6
2120.3
189.3
3586.1

2824.2
2302.0
150.5
4181.5

3156.6
2194.4
166.9
4292.5

3162.7
2225.8
157.9
3999.8

1943.6
1899.3
44.3
1781.4
162.2
1854.2
100.0
43.2
56.8
3.1
18.9
0.0

2223.7
1923.6
300.1
2033.8
189.9
2102.9
132.0
94.6
37.4
14.2
18.9
0.0

3473.3
2685.1
788.2
3127.1
346.2
3240.3
264.0
211.5
52.5
17.3
14.2
0.0

3813.0
2793.7
1019.3
3423.6
389.4
3580.3
239.1
260.9
-21.8
19.0
14.2
0.0

4489.2
3125.7
1363.5
4048.8
440.4
4259.4
235.5
315.0
-79.5
22.4
0.0
0.0

3727.8
3051.1
676.7
3616.5
111.3
3845.7
-345.1
346.4
-691.5
8.1
0.0
0.0

915.4
34.8
880.6

-83.5
4.3
-87.8

171.6
21.0
150.6

202.2
-55.0
257.2

-226.9
-101.9
-125.0

-187.3
-699.6
512.3

154.4
1035.0

135.0
47.2

210.3
360.9

95.5
352.7

65.0
-60.0

-541.7
-29.4

55.2
102.5
39.3
241.9
2.1
3.8
14.9
424.5
95.4
43.2
2.2
2.5
5.5
11.5
7.1

59.6
94.4
34.7
340.4
1.2
286.0
365.7
94.6
71.7
4.3
4.3
38.0
15.9
5.4

52.2
86.0
29.9
298.6
1.5
12.2
58.3
475.8
93.3
80.1
6.1
9.0
33.0
11.0
5.8

51.4
89.6
45.1
312.6
-0.5
-27.2
27.1
383.7
93.9
109.1
6.8
10.2
-87.2
19.2
-2.2

47.6
86.2
48.7
340.9
-1.9
44.9
-108.3
368.6
94.9
133.8
7.0
13.3
-28.2
2.0
-8.2

70.1
76.1
46.7
701.2
-17.3
373.5
1842.5
189.0
103.2
-100.4
9.3
12.9
-1.2
19.9
-138.5

284.1
2.4
2.9
3.0
2.8
13.8
70.8
-6.3
43.1
42.4

122.8
2.7
1.7
2.0
1.2
7.4
73.0
-33.3
14.4
36.6

247.9
1.6
1.5
2.8
1.9
10.6
96.9
40.0
56.2
47.6

-287.3
1.4
-0.6
-0.8
-1.5
7.1
91.2
-128.6
9.8
38.4

0.0
0.0
-1.8
-3.0
-3.9
7.2
104.6
275.0
17.7
36.9

0.0
0.0
-18.5
-26.2
-26.5
7.2
93.2
773.3
-17.0
18.9

Saitex Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

129

2004

2005

2006

2007

2008

2009

74.0
-390.8
-316.8
0.0
0.0
146.3
146.3
-170.5

74.0
-253.7
-179.7
0.0
0.0
143.2
143.2
-36.5

74.0
-286.3
-212.3
0.0
0.0
0.0
0.0
-212.3

74.0
-74.0
0.0
0.0
0.0
0.2
0.2
0.2

74.0
-74.2
-0.2
0.0
0.0
0.2
0.2
0.0

74.0
-74.2
-0.2
0.0
0.0
0.2
0.2
0.0

0.2
0.2
0.0
10.4
0.0
10.6
334.3
480.6
-323.7
168.0
-334.1

0.1
0.1
0.0
8.8
0.9
9.8
190.9
334.1
-181.1
215.8
-190.8

0.2
0.2
0.0
120.1
0.0
120.3
332.6
332.6
-212.3
95.6
-332.4

0.2
0.2
0.0
0.1
0.0
0.3
0.1
0.3
0.2
0.2
0.1

0.1
0.1
0.0
0.0
0.0
0.1
0.1
0.3
0.0
0.2
0.0

0.1
0.1
0.0
0.0
0.0
0.1
0.1
0.3
0.0
0.2
0.0

256.3
153.2
11.4
163.8

268.9
144.5
7.7
154.3

0.0
0.0
0.0
120.3

0.0
0.0
0.0
0.3

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.0
0.0
13.4
-13.4
0.0
-13.4
0.0
0.0
0.0

0.0
0.0
0.0
8.7
-8.7
9.2
0.9
5.8
-4.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
7.2
-6.7
7.3
-14.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

-22.5
-13.4
-9.1

134.0
-4.9
138.9

-175.8
-14.0
-161.8

212.5
-0.2
212.7

-0.2
-0.2
0.0

0.0
-0.2
0.2

-2.0
-11.1

2.8
141.7

-14.0
-175.8

-0.2
212.5

-0.2
-0.2

-0.2
0.0

3.2
3.2
-8.2
-428.1
0.0
-

5.1
4.7
-3.2
-3.7
2.0
-242.8
644.4
2.7
-

0.0
36.2
36.2
0.0
-11.6
8.0
8.0
-286.9
0.0
-109.0
0.0
7.6
0.0
0.0
0.0

100.0
300.0
300.0
0.0
-66.7
-0.1
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
100.0
100.0
0.0
-200.0
100.0
100.0
-0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
100.0
100.0
0.0
-200.0
0.0
0.0
-0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-1.8
-1.8
6.9
0.0
-127.3
-100.0
-42.8

-0.7
-0.7
5.0
0.0
-61.1
-24.3

0.0
0.0
0.0
-1.9
-1.9
0.0
0.0
171.4
-28.7

0.0
0.0
0.0
0.0
0.0
0.0
0.0
-100.0
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
0.0
0.0

Sajjad Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

130

2004

2005

2006

2007

2008

2009

212.7
-12.2
200.5
0.0
0.0
158.2
158.2
358.7

212.7
3.9
216.6
0.0
0.0
48.0
48.0
264.6

212.7
-8.2
204.5
0.0
0.0
114.6
114.6
319.1

212.7
-71.5
141.2
0.0
0.0
87.6
87.6
228.8

212.7
-163.7
49.0
0.0
0.0
185.7
185.7
234.7

212.7
-169.8
42.9
0.0
0.0
35.9
35.9
78.8

6.6
6.6
0.0
68.4
49.0
124.0
103.9
262.1
20.1
204.1
-97.3

2.1
2.1
0.0
49.6
92.0
143.7
243.7
291.7
-100.0
186.2
-241.6

7.1
7.1
0.0
33.7
104.0
144.8
250.9
365.5
-106.1
223.2
-243.8

0.7
0.7
0.0
62.4
101.1
164.2
347.0
434.6
-182.8
213.5
-346.3

4.6
4.6
0.0
68.9
123.7
197.2
354.5
540.2
-157.3
365.6
-349.9

1.8
1.8
0.0
19.5
0.0
21.3
316.9
352.8
-295.6
224.8
-315.1

524.5
338.6
17.2
462.6

565.2
364.5
13.0
508.2

645.0
425.2
19.0
570.0

652.1
411.4
21.4
575.6

653.9
392.1
20.6
589.3

653.0
374.3
19.5
395.6

666.1
510.4
155.7
651.2
14.9
675.6
-9.0
10.1
-19.1
18.2
0.0
0.0

486.1
368.9
117.2
436.3
49.8
455.2
30.9
12.7
18.2
3.1
0.0
0.0

642.1
456.3
185.8
605.5
36.6
628.9
13.2
26.6
-13.4
3.2
0.0
0.0

757.0
386.0
371.0
700.6
56.4
737.6
19.7
33.1
-13.4
3.7
0.0
0.0

789.5
572.0
217.5
778.7
10.8
810.2
-20.7
40.1
-60.8
4.0
0.0
0.0

301.1
231.3
69.8
305.5
-4.4
342.1
-41.0
29.9
-70.9
1.5
0.0
0.0

129.0
-37.3
166.3

-94.1
15.1
-109.2

54.5
-16.6
71.1

-90.3
-17.1
-73.2

5.9
-64.8
70.7

-155.9
-72.4
-83.5

-20.1
146.2

28.1
-81.1

2.4
73.5

4.3
-68.9

-44.2
26.5

-52.9
-136.4

44.1
119.3
72.2
130.7
-4.1
-28.9
-13.7
94.3
101.4
1.5
4.9
5.7
-9.5

18.1
59.0
21.2
134.7
3.6
101.8
93.6
41.1
2.6
6.8
17.0
6.7
8.4

35.9
57.7
16.3
178.7
-2.4
-30.5
3.3
96.1
97.9
201.5
4.1
11.9
-23.9
3.3
-6.6

38.3
47.3
18.2
307.8
-2.3
18.9
-6.2
66.4
97.4
168.0
4.4
15.5
-27.6
4.5
-9.5

79.1
55.6
20.7
1102.4
-10.3
-1098.3
-166.8
23.0
102.6
-193.7
5.1
11.0
-6.6
4.0
-124.1

45.6
6.7
6.7
822.4
-17.9
46.4
38.8
20.2
113.6
-72.9
9.9
13.3
-2.1
0.2
-165.3

0.0
-2.9
-0.9
-1.8
4.9
144.0
28.6
36.6
9.4

0.0
3.7
0.9
0.7
3.8
95.7
-200.0
-27.0
10.2

0.0
0.0
-2.1
-0.6
-0.8
5.2
112.6
-166.7
32.1
9.6

0.0
0.0
-1.8
-0.6
-0.8
5.0
131.5
0.0
17.9
6.6

0.0
0.0
-7.7
-2.9
-3.0
5.0
134.0
383.3
4.3
2.3

0.0
0.0
-23.5
-3.3
-3.4
5.0
76.1
13.8
-61.9
2.0

Saleem Denim Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

131

2004

2005

2006

2007

2008

2009

39.0
-196.6
-157.6
0.0
0.0
11.4
11.4
-146.2

39.0
-210.1
-171.1
0.0
0.0
9.3
9.3
-161.8

39.0
-23.6
15.4
0.0
0.0
18.0
18.0
33.4

39.0
-23.6
15.4
0.0
0.0
18.0
18.0
33.4

39.0
-23.6
15.4
0.0
0.0
18.0
18.0
33.4

39.0
-84.9
-45.9
0.0
0.0
0.0
0.0
-45.9

0.0
0.0
0.0
4.0
5.2
9.2
254.0
265.4
-244.8
17.4
-254.0

0.0
0.0
0.0
1.7
7.4
9.1
265.8
275.1
-256.7
137.0
-265.8

0.0
0.0
0.0
3.1
5.2
8.3
65.2
83.2
-56.9
30.3
-65.2

0.0
0.0
0.0
3.1
5.2
8.3
65.2
83.2
-56.9
30.3
-65.2

0.0
0.0
0.0
3.1
5.2
8.3
65.2
83.2
-56.9
30.3
-65.2

0.0
0.0
0.0
0.9
0.0
0.9
73.6
73.6
-72.7
0.0
-73.6

144.1
98.5
5.2
107.7

144.1
94.9
3.7
104.0

144.1
90.2
4.7
98.5

144.1
90.2
4.7
98.5

144.1
90.2
4.7
98.5

31.0
26.9
1.0
27.8

0.0
0.0
0.0
0.0
0.0
6.0
-6.0
13.1
-19.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
3.9
-3.9
9.5
-13.4
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.9
187.6
0.0
187.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.9
187.6
0.0
187.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.9
187.6
0.0
187.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.4
-1.4
0.0
-1.4
0.0
0.0
0.0

-119.3
-19.1
-100.2

-15.6
-13.4
-2.2

195.2
187.6
7.6

0.0
187.6
-187.6

0.0
187.6
-187.6

-79.3
-1.4
-77.9

-13.9
-114.1

-9.7
-11.9

192.3
199.9

192.3
4.7

192.3
4.7

-0.4
-78.3

3.6
1.6
-17.7
-404.1
75.3
-

3.4
0.6
-12.9
-438.7
6.9
-

53.9
12.7
4.8
540.3
190.5
96.1
96.2
39.5
0.0
0.0
0.0
0.0
0.0
0.0
1218.2

53.9
12.7
4.8
540.3
190.5
0.0
4091.5
39.5
0.0
0.0
0.0
0.0
0.0
0.0
1218.2

53.9
12.7
4.8
540.3
190.5
0.0
4091.5
39.5
0.0
0.0
0.0
0.0
0.0
0.0
1218.2

0.0
1.2
1.2
0.0
-5.0
1.8
0.5
-117.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-4.9
-4.9
5.0
0.0
-9.3
-100.0
-40.4

-3.4
-3.4
3.8
0.0
-30.6
-43.9

0.0
0.0
0.0
48.1
48.1
5.0
0.0
-1514.7
3.9

0.0
0.0
0.0
48.1
48.1
5.0
0.0
0.0
3.9

0.0
0.0
0.0
48.1
48.1
5.0
0.0
0.0
3.9

0.0
0.0
0.0
-0.4
-0.4
3.1
0.0
-100.8
-11.8

Salfi Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

132

2004

2005

2006

2007

2008

2009

30.4
423.6
454.0
0.0
0.0
116.4
116.4
570.4

33.4
716.0
749.4
0.0
0.0
122.2
122.2
871.6

33.4
779.6
813.0
0.0
0.0
574.3
574.3
1387.3

33.4
727.0
760.4
0.0
0.0
815.4
815.4
1575.8

33.4
1125.1
1158.5
0.0
0.0
176.2
176.2
1334.7

33.4
1157.0
1190.4
0.0
0.0
637.1
637.1
1827.5

50.6
19.3
31.3
172.5
177.8
400.9
362.1
478.5
38.8
384.3
-311.5

48.8
15.4
33.4
177.7
286.8
513.3
530.2
652.4
-16.9
482.5
-481.4

108.6
5.5
103.1
236.1
534.3
879.0
872.2
1446.5
6.8
1203.0
-763.6

148.5
32.7
115.8
305.2
238.2
691.9
471.5
1286.9
220.4
1091.9
-323.0

132.4
18.6
113.8
421.9
813.2
1367.5
1951.5
2127.7
-584.0
974.7
-1819.1

304.5
21.7
282.8
271.9
700.5
1276.9
1303.1
1940.2
-26.2
1490.4
-998.6

606.2
531.6
38.4
932.5

991.0
888.4
30.1
1401.7

1517.1
1380.4
38.5
2259.4

1545.3
1355.5
68.4
2047.4

1961.3
1918.6
66.8
3286.1

1974.5
1853.7
66.7
3130.6

1123.3
1123.3
0.0
1048.7
74.6
1083.1
41.0
20.9
20.1
9.2
0.0
0.0

828.0
828.0
0.0
779.5
48.5
806.4
21.7
21.1
0.6
3.9
3.0
3.0

824.7
824.7
0.0
733.4
91.3
777.2
56.6
49.2
7.4
4.6
3.3
0.0

1669.5
1349.5
320.0
1508.7
160.8
1583.6
110.8
135.2
-24.4
8.5
0.0
0.0

1942.7
1646.7
296.0
1689.3
253.4
1782.2
165.4
140.3
25.1
10.4
0.0
0.0

1901.7
1653.5
248.2
1707.5
194.2
1851.9
22.6
257.6
-235.0
2.4
0.0
0.0

-5.3
10.9
-16.2

301.2
-6.3
307.5

515.7
-0.5
516.2

188.5
-32.9
221.4

-241.1
14.7
-255.8

492.8
-237.4
730.2

49.3
33.1

23.8
331.3

38.0
554.2

35.5
256.9

81.5
-174.3

-170.7
559.5

20.4
110.7
61.6
105.4
2.2
148.9
1493.4
96.4
51.0
1.9
5.4
45.8
9.8
4.4

14.0
96.8
42.7
87.1
0.0
-2.1
7.2
2243.7
97.4
97.2
2.5
4.4
650.0
13.5
0.1

41.4
100.8
39.5
177.9
0.3
-0.1
6.9
2434.1
94.2
86.9
6.0
4.1
62.2
17.1
0.9

51.7
146.7
96.2
169.2
-1.2
-17.5
13.8
2276.6
94.9
122.0
8.1
12.4
-34.8
11.1
-3.2

13.2
70.1
28.4
183.7
0.8
-6.1
-46.8
3468.6
91.7
84.8
7.2
14.4
41.4
13.1
2.2

34.9
98.0
44.2
163.0
-7.5
-48.2
-30.5
3564.1
97.4
1139.8
13.5
17.3
-1.0
11.0
-19.7

0.0
1.8
6.6
3.6
7.0
120.5
2100.0
34.0
149.3

-110.0
0.4
0.1
0.2
-1.0
5.7
59.1
-97.0
-26.3
224.4

84.8
0.4
0.9
2.2
0.8
4.3
36.5
1000.0
-0.4
243.4

0.0
0.0
-1.5
-7.3
-9.9
5.0
81.5
-431.8
102.4
227.7

0.0
0.0
1.3
7.5
4.4
4.9
59.1
-202.7
16.4
346.9

0.0
0.0
-12.4
-70.4
-71.1
3.5
60.7
-1038.7
-2.1
356.4

Sally Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

133

2004

2005

2006

2007

2008

2009

87.8
-178.2
-90.4
0.0
0.0
204.0
204.0
113.6

87.8
-187.0
-99.2
0.0
0.0
170.7
170.7
71.5

87.8
-172.6
-84.8
0.0
0.0
123.4
123.4
38.6

87.8
-212.9
-125.1
0.0
0.0
133.6
133.6
8.5

87.8
-286.2
-198.4
0.0
0.0
116.3
116.3
-82.1

87.8
-70.8
17.0
0.0
0.0
83.5
83.5
100.5

3.0
3.0
0.0
82.5
99.2
184.7
395.9
599.9
-211.2
425.3
-392.9

5.2
5.2
0.0
27.6
228.7
261.5
608.7
779.4
-347.2
612.9
-603.5

1.2
1.2
0.0
39.4
208.5
249.1
689.2
812.6
-440.1
687.4
-688.0

12.1
12.1
0.0
93.0
126.3
231.4
723.2
856.8
-491.8
542.1
-711.1

12.9
12.9
0.0
74.9
398.3
486.1
1114.2
1230.5
-628.1
739.4
-1101.3

2.2
2.2
0.0
75.1
301.4
378.7
817.0
900.5
-438.3
656.1
-814.8

572.7
324.8
14.1
509.5

682.2
418.8
15.7
680.3

762.6
478.6
20.7
727.7

791.9
500.3
25.1
731.7

872.1
546.0
26.4
1032.1

893.6
538.8
28.8
917.5

655.3
655.3
0.0
602.9
52.4
618.1
37.2
21.5
15.7
3.3
0.0
0.0

518.6
518.6
0.0
472.0
46.6
482.5
36.9
18.6
18.3
2.6
0.0
0.0

798.1
798.1
0.0
721.9
76.2
743.1
55.1
41.9
13.2
4.0
0.0
0.0

883.7
882.5
1.2
828.4
55.3
848.4
36.9
43.8
-6.9
4.4
0.0
0.0

1035.6
1024.4
11.2
1011.1
24.5
1051.1
-14.3
45.9
-60.2
5.4
0.0
0.0

1180.7
1154.4
26.3
1111.4
69.3
1168.3
13.9
9.7
4.2
0.0
0.0
0.0

58.8
12.4
46.4

-42.1
15.7
-57.8

-32.9
9.2
-42.1

-30.1
-11.3
-18.8

-90.6
-65.6
-25.0

182.6
4.2
178.4

26.5
72.9

31.4
-26.4

29.9
-12.2

13.8
-5.0

-39.2
-64.2

33.0
211.4

179.6
46.7
21.6
3.1
21.1
36.4
-103.0
94.3
57.8
3.3
5.1
21.0
0.0
-

238.7
43.0
5.4
2.7
-113.0
93.0
50.4
3.6
3.0
14.2
0.1
-

319.7
36.1
5.9
0.0
1.8
-28.0
-245.1
-96.6
93.1
76.0
5.2
6.1
30.3
0.3
0.0

1571.8
32.0
14.5
0.0
-0.9
37.5
-276.0
-142.5
96.0
118.7
5.0
8.1
-63.8
3.5
0.0

0.0
43.6
7.9
0.0
-5.8
72.4
61.1
-226.0
101.5
-321.0
4.4
6.2
-9.0
2.5
0.0

83.1
46.4
9.5
5297.1
0.5
2.3
15.6
19.4
98.9
69.8
0.8
1.5
0.0
0.0
24.7

2.4
1.8
1.4
5.5
128.6
-1000.0
21.1
-10.3

3.5
2.1
1.8
4.8
76.2
16.7
-20.9
-11.3

0.0
0.0
1.7
1.5
1.0
4.9
109.7
-28.6
53.9
-9.7

0.0
0.0
-0.8
-0.8
-1.3
5.2
120.8
-153.3
10.7
-14.2

0.0
0.0
-5.8
-6.9
-7.5
5.4
100.3
762.5
17.2
-22.6

0.0
0.0
0.4
0.5
0.5
5.3
128.7
-107.2
14.0
1.9

Salman Noman Enterprises Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

134

2004

2005

2006

2007

2008

2009

39.8
128.5
168.3
0.0
0.0
24.1
24.1
192.4

39.8
222.0
261.8
0.0
0.0
30.4
30.4
292.2

39.8
121.9
161.7
0.0
0.0
16.1
16.1
177.8

39.8
135.7
175.5
0.0
0.0
15.2
15.2
190.7

39.8
242.7
282.5
0.0
0.0
322.9
322.9
605.4

39.8
219.5
259.3
0.0
0.0
263.9
263.9
523.2

1.4
1.4
0.0
41.3
51.8
94.5
189.4
213.5
-94.9
55.1
-188.0

3.8
3.8
0.0
20.7
56.6
81.1
80.7
111.1
0.4
76.7
-76.9

0.7
0.7
0.0
28.5
68.1
97.3
195.5
211.6
-98.2
84.9
-194.8

0.7
0.7
0.0
41.2
59.8
101.7
246.8
262.0
-145.1
43.0
-246.1

4.2
4.2
0.0
88.7
94.0
186.9
190.2
513.1
-3.3
430.7
-186.0

7.6
7.6
0.0
101.1
150.3
259.0
378.2
642.1
-119.2
418.7
-370.6

226.2
287.4
11.5
381.9

419.4
291.7
11.5
372.8

406.1
276.0
14.4
373.3

402.3
335.8
13.9
437.5

770.9
608.8
19.3
795.7

862.0
642.4
29.3
901.4

499.9
499.9
0.0
487.3
12.6
495.9
4.6
4.8
-0.2
2.4
0.0
0.0

384.7
384.7
0.0
364.8
19.9
371.3
14.2
4.8
9.4
1.9
0.0
0.0

474.0
474.0
0.0
452.6
21.4
462.1
12.3
10.5
1.8
2.3
0.0
0.0

501.9
501.9
0.0
474.2
27.7
491.8
12.7
8.5
4.2
2.5
0.0
0.0

584.8
584.8
0.0
563.4
21.4
574.6
17.9
15.0
2.9
1.8
0.0
0.0

868.4
868.4
0.0
846.2
22.2
897.4
-28.6
53.6
-82.2
0.0
0.0
0.0

86.1
-2.6
88.7

99.8
7.5
92.3

-114.4
-0.5
-113.9

12.9
1.7
11.2

414.7
1.1
413.6

-82.2
-82.2
0.0

8.9
97.6

19.0
111.3

13.9
-100.0

15.6
26.8

20.4
434.0

-52.9
-52.9

12.5
49.9
22.5
126.9
-0.1
-3.0
9.1
422.9
99.2
104.3
1.0
8.7
1.1
-0.1

10.4
100.5
30.4
42.4
2.5
7.5
17.1
657.8
96.5
33.8
1.2
6.3
20.2
0.3
3.6

9.1
49.8
14.9
130.9
0.5
0.4
-13.9
406.3
97.5
85.4
2.2
12.4
127.8
0.2
1.1

8.0
41.2
17.0
149.3
1.0
13.2
58.2
441.0
98.0
66.9
1.7
19.8
59.5
0.4
2.4

53.3
98.3
48.8
181.6
0.4
0.3
4.7
709.8
98.3
83.8
2.6
3.5
62.1
3.7
1.0

50.4
68.5
28.7
247.6
-9.1
100.0
100.0
651.5
103.3
-187.4
6.2
12.8
0.0
2.1
-31.7

0.0
0.0
-0.1
-0.7
10.3
130.9
-112.5
24.5
42.3

0.0
2.4
2.4
1.9
4.0
103.2
-2500.0
-23.0
65.8

0.0
0.0
0.4
0.5
-0.1
4.9
127.0
-79.2
23.2
40.6

0.0
0.0
0.8
1.1
0.4
5.0
114.7
120.0
5.9
44.1

0.0
0.0
0.5
0.7
0.3
5.7
73.5
-36.4
16.5
71.0

0.0
0.0
-9.5
-20.7
-20.7
4.8
96.3
-3057.1
48.5
65.2

Samin Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

135

2004

2005

2006

2007

2008

2009

133.6
26.5
160.1
0.0
0.0
196.0
196.0
356.1

133.6
129.3
262.9
0.0
0.0
236.2
236.2
499.1

133.6
265.5
399.1
0.0
0.0
184.1
184.1
583.2

133.6
128.1
261.7
0.0
0.0
37.8
37.8
299.5

133.6
921.4
1055.0
0.0
0.0
382.7
382.7
1437.7

133.6
862.0
995.6
0.0
0.0
59.6
59.6
1055.2

46.2
9.6
36.6
324.2
359.0
729.4
954.9
1150.9
-225.5
764.6
-908.7

74.6
38.0
36.6
301.8
402.8
779.2
923.0
1159.2
-143.8
950.6
-848.4

88.3
14.3
74.0
216.4
390.0
694.7
857.0
1041.1
-162.3
888.6
-768.7

121.8
11.6
110.2
282.5
389.7
794.0
1228.0
1265.8
-434.0
658.5
-1106.2

22.7
22.7
0.0
1592.3
311.1
1926.1
1167.0
1549.7
759.1
1074.2
-1144.3

1086.9
8.5
1078.4
255.9
345.2
1688.0
1264.0
1323.6
424.0
769.7
-177.1

899.0
581.7
60.1
1311.1

1010.4
643.0
45.0
1422.2

1153.7
745.5
59.2
1440.2

1208.8
733.7
68.8
1527.7

1221.4
678.6
68.5
2604.7

1236.7
631.4
62.9
2319.4

1609.7
298.5
1311.2
1491.4
118.3
1601.9
10.4
49.6
-39.2
16.4
0.0
0.0

1361.6
623.4
738.2
1235.6
126.0
1328.3
36.9
54.1
-17.2
12.8
0.0
0.0

1634.3
686.7
947.6
1443.5
190.8
1526.7
146.2
104.0
42.2
12.5
0.0
0.0

1687.5
708.3
979.2
1536.1
151.4
1628.5
145.6
114.2
31.4
12.8
0.0
0.0

1613.6
827.2
786.4
1565.7
47.9
1657.6
96.9
108.8
-11.9
11.3
0.0
0.0

1585.8
739.7
846.1
1474.1
111.7
1555.6
65.2
134.4
-69.2
9.1
0.0
0.0

-102.2
-55.6
-46.6

143.0
-30.0
173.0

84.1
29.7
54.4

-283.7
18.6
-302.3

1138.2
-23.2
1161.4

-382.5
-78.3
-304.2

4.5
-42.1

15.0
188.0

88.9
143.3

87.4
-214.9

45.3
1206.7

-15.4
-319.6

55.0
76.4
38.8
718.9
-3.0
119.8
99.5
476.9
3.1
6.5
11.7
-24.5

47.3
84.4
40.8
440.9
-1.2
-21.0
8.0
196.8
97.6
146.6
4.0
5.7
15.2
-6.5

31.6
81.1
35.6
260.9
2.9
35.3
62.0
298.7
93.4
71.1
6.4
11.7
29.6
9.0
10.6

12.6
64.7
32.9
483.7
2.1
-6.6
-40.7
195.9
96.5
78.4
6.8
17.3
40.8
0.2
12.0

26.6
165.0
138.4
146.9
-0.5
-2.0
3.8
789.7
102.7
112.3
6.7
10.1
-95.0
15.1
-1.1

5.6
133.5
106.2
132.9
-3.0
20.5
4.8
745.2
98.1
206.1
8.5
17.5
-13.2
7.4
-7.0

0.0
-2.4
-2.9
-4.2
10.0
122.8
-341.7
53.4
12.0

0.0
-1.3
-1.3
-2.2
7.8
95.7
-55.2
-15.4
19.7

0.0
0.0
2.6
3.2
2.2
9.2
113.5
-346.2
20.0
29.9

0.0
0.0
1.9
2.4
1.4
9.2
110.5
-25.0
3.3
19.6

0.0
0.0
-0.7
-0.9
-1.7
9.3
61.9
-137.5
-4.4
79.0

0.0
0.0
-4.4
-5.2
-5.9
9.3
68.4
477.8
-1.7
74.5

Sana Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

136

2004

2005

2006

2007

2008

2009

40.0
148.9
188.9
0.0
0.0
0.0
0.0
188.9

50.0
152.2
202.2
0.0
0.0
0.0
0.0
202.2

50.0
158.4
208.4
0.0
0.0
24.3
24.3
232.7

55.0
0.0
55.0
0.0
0.0
21.6
21.6
76.6

55.0
137.7
192.7
0.0
0.0
5.1
5.1
197.8

55.0
155.6
210.6
0.0
0.0
2.4
2.4
213.0

2.5
2.5
0.0
114.2
64.9
181.6
93.5
93.5
88.1
34.4
-91.0

5.3
5.3
0.0
116.5
76.3
198.1
102.9
102.9
95.2
73.6
-97.6

7.5
7.5
0.0
126.9
57.5
191.9
104.1
128.4
87.8
109.2
-96.6

15.3
15.3
0.0
95.1
69.2
179.6
278.7
300.3
-99.1
124.7
-263.4

4.4
4.4
0.0
104.3
78.8
187.5
161.8
166.9
25.7
5.1
-157.4

20.3
20.3
0.0
101.1
83.3
204.7
163.2
165.6
41.5
117.6
-142.9

375.7
100.7
14.7
282.3

399.6
106.9
11.8
305.0

452.8
144.9
17.0
336.8

502.8
175.7
20.2
355.3

521.2
172.1
23.4
359.6

532.4
171.5
25.3
376.2

492.3
492.3
0.0
447.9
44.4
463.5
28.9
1.2
27.7
10.7
10.0
0.0

336.7
336.7
0.0
316.8
19.9
328.4
15.0
1.8
13.2
3.4
10.0
10.0

481.6
481.6
0.0
427.9
53.7
444.4
39.4
7.4
32.0
12.9
12.5
5.0

382.8
382.8
0.0
411.1
-28.3
423.7
-40.6
14.2
-54.8
2.1
0.0
0.0

385.7
385.7
0.0
348.0
37.7
362.1
23.7
16.5
7.2
2.2
5.5
0.0

506.1
506.1
0.0
437.2
68.9
455.0
54.4
18.4
36.0
0.0
19.3
0.0

3.8
7.0
-3.2

13.3
-0.2
13.5

30.5
6.6
23.9

-156.1
-56.9
-99.2

121.2
-0.5
121.7

15.2
16.7
-1.5

21.7
18.5

11.6
25.1

23.6
47.5

-36.7
-135.9

22.9
144.6

42.0
40.5

0.0
194.2
124.8
49.5
9.8
184.2
117.3
472.3
94.1
4.2
0.2
3.5
38.6
20.2
14.7

0.0
192.5
118.4
50.9
4.3
-1.5
46.2
404.4
97.5
12.0
0.5
2.4
25.8
28.6
6.5

10.4
184.3
129.1
61.6
9.5
21.6
49.7
416.8
92.3
18.8
1.5
6.8
40.3
25.4
15.4

28.2
64.4
39.6
546.0
-15.4
36.5
27.0
100.0
110.7
-35.0
3.7
11.4
-3.8
23.3
-99.6

2.6
115.9
67.2
86.6
2.0
-0.4
15.8
350.4
93.9
69.6
4.3
323.5
30.6
0.0
3.7

1.1
125.4
74.4
78.6
9.6
109.9
103.7
382.9
89.9
33.8
3.6
15.6
0.0
16.9
17.1

170.0
5.3
5.6
6.9
4.3
15.2
174.4
-28.9
15.5
47.2

98.0
4.9
3.9
2.6
2.0
13.0
110.4
-62.3
-31.6
40.4

152.8
6.0
6.6
6.4
3.8
15.9
143.0
146.2
43.0
41.7

0.0
0.0
-14.3
-10.0
-10.3
13.9
107.7
-256.3
-20.5
10.0

90.9
2.9
1.9
1.3
0.9
13.3
107.3
-113.0
0.8
35.0

186.5
9.2
7.1
6.5
6.5
14.7
134.5
400.0
31.2
38.3

Sapphire Fibres Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

137

2004

2005

2006

2007

2008

2009

175.0
2264.6
2439.6
0.0
0.0
374.6
374.6
2814.2

175.0
2822.7
2997.7
0.0
0.0
470.6
470.6
3468.3

175.0
4857.4
5032.4
0.0
0.0
502.6
502.6
5535.0

175.0
7453.9
7628.9
0.0
0.0
627.7
627.7
8256.6

175.0
6530.6
6705.6
0.0
0.0
1082.7
1082.7
7788.3

175.0
5011.1
5186.1
0.0
0.0
1829.5
1829.5
7015.6

700.3
62.0
638.3
897.1
807.0
2404.4
1531.6
1906.2
872.8
1444.5
-831.3

1094.1
42.0
1052.1
786.5
1489.2
3369.8
2248.7
2719.3
1121.1
2362.0
-1154.6

3194.8
35.6
3159.2
914.9
1291.0
5400.7
2474.0
2976.6
2926.7
2467.1
720.8

5583.0
28.0
5555.0
1380.8
1322.7
8286.5
2742.5
3370.2
5544.0
2550.3
2840.5

5570.4
38.3
5532.1
1140.9
2082.3
8793.6
3754.3
4837.0
5039.3
4044.1
1816.1

4196.9
80.0
4116.9
1443.2
1894.0
7534.1
3151.7
4981.2
4382.4
3915.2
1045.2

3198.7
1941.4
179.2
4345.8

3727.9
2347.2
149.5
5717.0

4222.6
2608.3
236.1
8009.0

4520.0
2712.6
253.7
10999.1

4837.7
2749.0
254.9
11542.6

4964.3
2633.1
251.3
10167.2

4350.3
1024.3
3326.0
3966.4
383.9
4032.1
340.3
85.1
255.2
52.6
26.3
0.0

3369.6
984.4
2385.2
2941.5
428.1
3012.5
395.1
113.4
281.7
36.1
26.3
0.0

4811.4
4811.4
0.0
4222.4
589.0
4319.1
581.8
264.5
317.3
49.9
43.8
0.0

5417.9
1496.4
3921.5
4689.0
728.9
4805.2
850.2
300.8
549.4
75.8
0.0
0.0

6511.5
1570.0
4941.5
5420.6
1090.9
5875.9
1731.3
435.1
1296.2
75.5
81.8
0.0

7452.4
1725.5
5726.9
6078.1
1374.3
6552.2
1124.0
667.5
456.5
86.4
0.0
21.9

526.4
176.3
350.1

654.1
219.3
434.8

2066.7
223.6
1843.1

2721.6
473.6
2248.0

-468.3
1138.9
-1607.2

-772.7
370.1
-1142.8

355.5
705.6

368.8
803.6

459.7
2302.8

727.3
2975.3

1393.8
-213.4

621.4
-521.4

13.3
157.0
104.3
78.1
5.9
33.5
50.4
1394.1
92.7
25.0
2.0
5.9
20.6
12.4
10.5

13.6
149.9
83.6
90.7
4.9
33.5
45.9
1713.0
89.4
28.7
3.4
4.8
12.8
15.8
9.4

9.1
218.3
166.1
59.1
4.0
10.8
20.0
2875.7
89.8
45.5
5.5
10.7
15.7
13.6
6.3

7.6
302.2
253.9
44.2
5.0
17.4
24.4
4359.4
88.7
35.4
5.6
11.8
13.8
15.9
7.2

13.9
234.2
178.8
72.1
11.2
-243.2
-653.1
3831.8
90.2
25.1
6.7
10.8
5.8
13.4
19.3

26.1
239.0
179.0
96.0
4.5
-47.9
-119.2
2963.5
87.9
59.4
9.0
17.0
18.9
11.9
8.8

770.3
1.1
5.9
14.6
11.6
10.4
100.1
-3.9
23.5
139.4

933.8
0.9
8.4
16.1
14.0
7.7
58.9
10.3
-22.5
171.3

610.5
0.9
6.6
18.1
15.3
10.1
60.1
12.4
42.8
287.6

0.0
0.0
10.1
31.4
27.1
9.7
49.3
73.5
12.6
435.9

1492.3
1.2
19.9
74.1
69.8
9.4
56.4
136.0
20.2
383.2

0.0
0.0
6.1
26.1
21.1
9.1
73.3
-64.8
14.4
296.3

Sapphire Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

138

2004

2005

2006

2007

2008

2009

200.8
2213.3
2414.1
0.0
0.0
940.3
940.3
3354.4

200.8
2919.5
3120.3
0.0
0.0
1187.6
1187.6
4307.9

200.8
3690.4
3891.2
0.0
0.0
934.4
934.4
4825.6

200.8
5816.1
6016.9
0.0
0.0
734.9
734.9
6751.8

200.8
5375.7
5576.5
0.0
0.0
866.2
866.2
6442.7

200.8
4251.6
4452.4
0.0
0.0
702.7
702.7
5155.1

635.3
56.5
578.8
1428.1
1249.6
3313.0
2446.2
3386.5
866.8
2480.1
-1810.9

904.6
41.3
863.3
1258.1
1860.9
4023.6
3006.4
4194.0
1017.2
3470.8
-2101.8

1959.7
33.3
1926.4
1423.7
1908.7
5292.1
4390.0
5324.4
902.1
4149.0
-2430.3

453.9
53.8
400.1
4614.1
1949.1
7017.1
4372.1
5107.0
2645.0
3839.9
-3918.2

207.6
66.9
140.7
4764.0
3278.7
8250.3
5880.6
6746.8
2369.7
5787.6
-5673.0

2284.5
87.2
2197.3
1357.2
2593.8
6235.5
5026.9
5729.6
1208.6
4659.1
-2742.4

4211.9
2487.6
2584.3
5800.6

5210.5
3290.8
208.8
7314.4

6143.5
3923.5
334.6
9215.6

6490.9
4107.0
387.1
11124.1

6999.2
4073.0
390.9
12323.3

7358.4
3946.5
396.0
10182.0

7796.6
3344.0
4452.6
7426.6
370.0
7522.8
385.4
127.3
258.1
57.6
30.1
0.0

5560.2
2241.2
3319.0
4955.9
604.3
5055.3
556.6
174.9
381.7
41.5
30.1
0.0

8270.2
4215.3
4054.9
7505.4
764.8
7638.8
691.3
427.8
263.5
55.7
25.1
0.0

9124.8
4652.8
4472.0
8289.6
835.2
8433.2
787.2
467.5
319.7
64.6
0.0
0.0

9746.7
5129.5
4617.2
8618.6
1128.1
9176.5
1405.4
734.7
670.7
60.5
24.1
0.0

11744.3
5202.9
6541.4
10012.9
1731.4
10774.0
1121.8
847.7
274.1
77.3
30.1
0.0

391.2
170.4
220.8

953.5
310.1
643.4

517.7
182.7
335.0

1926.2
255.1
1671.1

-309.1
586.1
-895.2

-1287.6
166.7
-1454.3

2754.7
2975.5

518.9
1162.3

517.3
852.3

642.2
2313.3

977.0
81.8

562.7
-891.6

28.0
135.4
84.4
140.3
4.4
43.6
92.6
1202.2
96.5
33.0
1.6
5.1
22.3
14.8
10.7

27.6
133.8
71.9
134.4
5.2
32.5
44.6
1553.9
90.9
31.4
3.1
5.0
10.9
17.6
12.2

19.4
120.5
77.1
136.8
2.9
35.3
60.7
1937.8
92.4
61.9
5.2
10.3
21.1
14.3
6.8

10.9
160.5
115.9
84.9
2.9
13.2
27.8
2996.5
92.4
59.4
5.1
12.2
20.2
14.0
5.3

13.4
140.3
84.5
121.0
5.4
-189.6
1194.4
2777.1
94.1
52.3
7.5
12.7
9.0
11.6
12.0

13.6
124.0
72.4
128.7
2.7
-12.9
-63.1
2217.3
91.7
75.6
7.2
18.2
28.2
9.4
6.2

666.1
1.2
3.3
12.9
10.0
103.9
134.4
-49.4
30.6
120.2

1130.2
1.0
6.9
19.0
16.9
8.4
76.0
47.3
-28.7
155.4

827.9
0.6
3.2
13.1
10.3
10.2
89.7
-31.1
48.7
193.8

0.0
0.0
3.5
15.9
12.7
9.9
82.0
21.4
10.3
299.6

2532.0
0.4
6.9
33.4
30.4
9.5
79.1
110.1
6.8
277.7

653.8
0.7
2.3
13.7
9.8
9.7
115.3
-59.0
20.5
221.7

Sargodha Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

139

2004

2005

2006

2007

2008

2009

312.0
73.2
385.2
0.0
0.0
207.9
207.9
593.1

312.0
116.0
428.0
0.0
0.0
227.3
227.3
655.3

312.0
160.0
472.0
0.0
0.0
245.3
245.3
717.3

312.0
69.6
381.6
0.0
0.0
220.8
220.8
602.4

312.0
364.7
676.7
0.0
0.0
205.0
205.0
881.7

312.0
239.1
551.1
0.0
0.0
148.7
148.7
699.8

1.6
0.4
1.2
106.8
142.2
250.6
351.3
559.2
-100.7
264.6
-349.7

3.3
1.7
1.6
75.0
185.3
263.6
356.1
583.4
-92.5
453.3
-352.8

1.1
0.6
0.5
146.3
200.0
347.4
429.1
674.4
-81.7
555.4
-428.0

1.9
1.0
0.9
121.1
149.7
272.7
491.5
712.3
-218.8
417.8
-489.6

2.2
1.7
0.5
89.8
191.6
283.6
496.5
701.5
-212.9
432.4
-494.3

2.7
2.5
0.2
69.6
107.3
179.6
522.5
671.2
-342.9
410.9
-519.8

1374.7
693.8
46.7
944.4

1458.8
747.9
38.7
1011.5

1547.8
798.9
54.5
1146.3

1572.2
821.2
62.1
1093.9

1897.4
1094.5
58.9
1378.1

1899.4
1042.7
53.3
1222.3

1502.6
1216.6
286.0
1442.8
59.8
1473.1
29.7
15.2
14.5
6.7
0.0
0.0

1070.2
809.4
260.8
977.7
92.5
1006.4
65.4
16.9
48.5
4.8
0.0
0.0

1431.0
1098.3
332.7
1280.8
150.2
1337.1
95.9
38.6
57.3
7.2
0.0
0.0

1349.2
880.0
469.2
1309.6
39.6
1373.2
-23.7
59.8
-83.5
6.8
0.0
0.0

1505.5
1182.4
323.1
1437.1
68.4
1494.0
12.2
63.9
-51.7
7.5
0.0
0.0

1402.2
917.1
485.1
1386.3
15.9
1449.9
-47.4
76.1
-123.5
5.0
0.0
0.0

106.2
7.8
98.4

62.2
43.7
18.5

62.0
50.1
11.9

-114.9
-90.3
-24.6

279.3
-59.2
338.5

-181.9
-128.5
-53.4

54.5
152.9

82.4
100.9

104.6
116.5

-28.2
-52.8

-0.3
338.2

-75.2
-128.6

35.1
71.3
30.9
145.2
1.5
7.3
35.6
123.5
98.0
51.2
1.0
5.7
46.2
3.1
3.8

34.7
74.0
22.0
136.3
4.8
70.3
81.7
137.2
94.0
25.8
1.6
3.7
9.9
4.0
11.3

34.2
81.0
34.4
142.9
5.0
80.8
89.8
151.3
93.4
40.3
2.7
6.9
12.6
6.5
12.1

36.7
55.5
25.0
186.7
-7.6
78.6
53.4
122.3
101.8
-252.3
4.4
14.3
-8.1
4.5
-21.9

23.3
57.1
18.5
103.7
-3.8
-21.2
-0.1
216.9
99.2
523.8
4.2
14.8
-14.5
2.3
-7.6

21.2
34.4
13.8
121.8
-10.1
70.6
58.5
176.6
103.4
-160.5
5.4
18.5
-4.0
1.1
-22.4

0.0
1.0
0.5
0.3
8.3
159.1
-44.4
16.1
12.3

0.0
4.5
1.6
1.4
5.6
105.8
220.0
-28.8
13.7

0.0
0.0
4.0
1.8
1.6
7.3
124.8
12.5
33.7
15.1

0.0
0.0
-6.2
-2.7
-2.9
7.8
123.3
-250.0
-5.7
12.2

0.0
0.0
-3.4
-1.7
-1.9
7.2
109.2
-37.0
11.6
21.7

0.0
0.0
-8.8
-4.0
-4.1
4.9
114.7
135.3
-6.9
17.7

Saritow Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

140

2004

2005

2006

2007

2008

2009

132.8
-55.3
77.5
0.0
0.0
100.7
100.7
178.2

132.8
-42.8
90.0
0.0
0.0
126.7
126.7
216.7

132.8
-44.0
88.8
0.0
0.0
111.3
111.3
200.1

132.8
-49.9
82.9
0.0
0.0
108.7
108.7
191.6

132.8
-11.2
121.6
0.0
0.0
141.0
141.0
262.6

132.8
-15.2
117.6
0.0
0.0
76.1
76.1
193.7

0.6
0.6
0.0
138.1
57.5
196.2
247.0
347.7
-50.8
178.1
-246.4

1.5
1.5
0.0
122.3
109.7
233.5
258.9
385.6
-25.4
200.3
-257.4

3.7
3.7
0.0
196.6
162.4
362.7
398.0
509.3
-35.3
282.0
-394.3

6.6
6.6
0.0
195.3
156.3
358.2
409.7
518.4
-51.5
263.4
-403.1

6.1
6.1
0.0
108.7
188.6
303.4
332.6
473.6
-29.2
308.3
-326.5

4.5
4.5
0.0
52.7
174.4
231.6
376.7
452.8
-145.1
224.3
-372.2

523.3
229.0
14.3
425.2

546.3
242.1
9.9
475.6

553.6
235.3
12.6
598.0

570.7
243.1
12.4
601.3

633.6
291.7
14.1
595.1

690.4
338.7
15.4
570.3

304.0
303.5
0.5
289.7
14.3
306.4
-1.4
10.6
-12.0
1.3
0.0
0.0

289.5
289.5
0.0
258.9
30.6
268.4
21.3
8.1
13.2
1.5
0.0
0.0

411.3
411.3
0.0
357.5
53.8
372.5
39.3
31.2
8.1
2.9
0.0
0.0

464.5
464.5
0.0
404.0
60.5
419.5
45.3
39.2
6.1
2321.2
0.0
0.0

450.6
450.6
0.0
388.7
61.9
405.9
45.3
34.7
10.6
2.3
0.0
0.0

472.0
472.0
0.0
431.5
40.5
449.5
22.9
49.9
-27.0
0.0
0.0
0.0

-168.4
-13.3
-155.1

38.5
11.7
26.8

-16.6
5.2
-21.8

-8.5
-2315.1
2306.6

71.0
8.3
62.7

-68.9
-27.0
-41.9

1.0
-154.1

21.6
48.4

17.8
-4.0

-2302.7
3.9

22.4
85.1

-11.6
-53.5

56.5
79.4
56.2
448.6
-2.8
58.4
100.8
3.5
6.0
0.6
-15.5

58.5
90.2
47.8
428.4
2.8
30.4
44.6
67.8
92.7
38.0
2.8
4.0
11.4
3.7
14.7

55.6
56.7
91.1
87.4
50.3
49.3
573.5
625.3
1.4
1.0
-31.3
27236.5
-445.0 -59043.6
66.9
62.4
90.6
90.3
79.4
86.5
7.6
8.4
11.1
14.9
35.8
38052.5
1.6
16.7
9.1
7.4

53.7
91.2
34.5
389.5
1.8
11.7
26.3
91.6
90.1
76.6
7.7
11.3
21.7
1.8
8.7

39.3
61.5
15.2
385.0
-4.7
39.2
21.7
88.6
95.2
217.9
10.6
22.2
0.0
0.0
-23.0

0.0
-3.9
-0.9
-1.0
3.5
71.5
-76.9
-58.7
5.8

0.0
4.6
1.0
0.9
4.3
60.9
-211.1
-4.8
6.8

0.0
0.0
2.4
0.8
0.6
5.8
75.7
60.0
-3.0
9.2

0.0
0.0
-5.7
-2.0
-2.0
5.3
82.8
-350.0
4.7
8.9

0.0
0.0
2.0
0.6
0.4
5.2
68.8
-40.0
42.1
6.7

0.0
0.0
1.3
0.5
-174.3
5.3
77.2
-16.7
12.9
6.2

Service Fabrics Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

141

2004

2005

2006

2007

2008

2009

157.5
-557.6
-400.1
0.0
0.0
434.5
434.5
34.4

157.5
-557.6
-400.1
0.0
0.0
434.5
434.5
34.4

157.5
-391.8
-234.3
0.0
0.0
0.0
0.0
-234.3

157.5
-378.9
-221.4
0.0
0.0
0.0
0.0
-221.4

157.5
-379.1
-221.6
0.0
0.0
142.5
142.5
-79.1

157.5
-379.3
-221.8
0.0
0.0
9.4
9.4
-212.4

5.7
5.7
0.0
45.6
0.0
51.3
437.1
871.6
-385.8
765.4
-431.4

5.7
5.7
0.0
45.6
0.0
51.3
437.1
871.6
-385.8
765.4
-431.4

0.1
0.1
0.0
1.7
2.0
3.8
368.4
368.4
-364.6
27.9
-368.3

0.0
0.0
0.0
0.0
0.0
0.0
221.4
221.4
-221.4
9.2
-221.4

0.0
0.0
0.0
0.0
0.0
0.0
79.1
221.6
-79.1
142.5
-79.1

0.0
0.0
0.0
0.0
0.0
0.0
212.3
221.7
-212.3
9.4
-212.3

725.1
420.0
46.4
471.3

725.1
420.0
46.4
471.3

178.1
130.3
0.0
134.1

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

221.0
98.4
122.6
271.2
-50.2
297.6
-75.9
30.3
-106.2
0.2
0.0
0.0

221.0
98.4
122.6
271.2
-50.2
297.6
-75.9
30.3
-106.2
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.6
1.4
0.2
1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0
13.0
0.2
12.8
1.8
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.1
-0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.1
-0.2
0.0
0.0
0.0

0.0
-106.4
106.4

0.0
-106.4
106.4

-268.7
1.2
-269.9

12.9
11.0
1.9

142.3
-0.2
142.5

-133.3
-0.2
-133.1

-60.0
46.4

-60.0
46.4

1.2
-268.7

11.0
12.9

-0.2
142.3

-0.2
-133.3

1263.1
11.7
11.7
-22.5
-129.3
-254.0
134.7
13.7
4.0
2.7
-

1263.1
11.7
11.7
-22.5
-129.3
-254.0
134.7
13.7
4.0
2.7
-

0.0
1.0
0.5
0.0
0.9
-0.4
-0.4
-148.8
0.0
14.3
0.0
0.7
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
85.3
85.3
-140.6
0.0
0.0
0.0
2.2
14.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
-0.1
-0.1
-140.7
0.0
-100.0
0.0
0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
0.2
-140.8
0.0
-100.0
0.0
1.1
0.0
0.0
0.0

-48.1
-6.7
-6.8
10.0
46.9
0.0
0.0
-25.4

-48.1
-6.7
-6.8
10.0
46.9
0.0
0.0
-25.4

0.0
0.0
0.0
0.1
0.1
0.0
0.0
-101.5
-100.0
-14.9

0.0
0.0
0.0
0.8
0.7
0.0
0.0
700.0
-14.1

0.0
0.0
0.0
0.0
0.0
0.0
0.0
-100.0
-14.1

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-14.1

Service Industries Textiles Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

142

2004

2005

2006

2007

2008

2009

44.5
-132.7
-88.2
0.0
0.0
143.3
143.3
55.1

44.5
-85.8
-41.3
0.0
0.0
91.7
91.7
50.4

44.5
-83.4
-38.9
0.0
0.0
13.3
13.3
-25.6

44.5
-202.1
-157.6
0.0
0.0
10.6
10.6
-147.0

44.5
-233.3
-188.8
0.0
0.0
128.1
128.1
-60.7

44.5
-225.3
-180.8
0.0
0.0
78.1
78.1
-102.7

0.4
0.4
0.0
1.7
60.9
63.0
273.8
417.1
-210.8
221.5
-273.4

0.5
0.5
0.0
2.0
51.7
54.2
286.1
377.8
-231.9
226.3
-285.6

2.4
2.4
0.0
4.7
45.9
53.0
303.5
316.8
-250.5
200.5
-301.1

0.4
0.4
0.0
4.5
67.4
72.3
420.1
430.7
-347.8
203.9
-419.7

1.1
1.1
0.0
4.0
5.6
10.7
247.9
376.0
-237.2
252.0
-246.8

1.2
1.2
0.0
4.5
17.3
23.0
284.1
362.2
-261.1
168.4
-282.9

306.9
265.8
41.2
328.8

334.9
282.3
12.2
336.5

296.3
224.9
21.3
277.9

288.3
200.8
20.0
273.1

270.8
176.4
14.4
187.1

257.4
158.3
99.1
181.3

309.6
309.6
0.0
297.2
12.4
309.2
23.3
10.5
12.8
1.5
0.0
1.5

318.5
318.5
0.0
315.3
3.2
326.9
-7.9
10.4
-18.3
1.4
0.0
0.0

274.4
274.4
0.0
275.8
-1.4
288.6
38.5
19.9
18.6
1.4
0.0
0.0

245.6
245.6
0.0
276.1
-30.5
291.8
-45.4
26.6
-72.0
1.2
0.0
0.0

192.8
192.8
0.0
198.8
-6.0
212.5
-18.6
18.1
-36.7
1.0
0.0
15.4

242.9
242.9
0.0
249.2
-6.3
258.6
-12.4
24.3
-36.7
0.0
0.0
0.0

24.6
11.3
13.3

-4.7
-19.7
15.0

-76.0
17.2
-93.2

-121.4
-73.2
-48.2

86.3
-37.7
124.0

-42.0
-36.7
-5.3

52.5
65.8

-7.5
7.5

38.5
-54.7

-53.2
-101.4

-23.3
100.7

62.4
57.1

260.1
23.0
0.8
3.9
45.9
79.8
-198.2
99.9
45.1
3.4
4.7
11.7
0.0
-

181.9
18.9
0.9
-5.4
-100.0
-92.8
102.6
3.3
4.6
0.0
-

0.0
17.5
2.3
0.0
6.7
-22.6
-70.4
-87.4
105.2
51.7
7.3
9.9
7.5
0.0
0.0

0.0
17.2
1.2
0.0
-26.4
60.3
52.5
-354.2
118.8
-58.6
10.8
13.0
-1.7
0.0
0.0

0.0
4.3
2.1
0.0
-19.6
-43.7
-23.1
-424.3
110.2
-97.3
9.4
7.2
-2.7
0.0
0.0

0.0
8.1
2.0
0.0
-20.2
87.4
109.3
-406.3
106.5
-196.0
10.0
14.4
0.0
0.2
0.0

4.1
2.9
2.5
19.3
94.2
-270.6
-8.9
-19.8

-5.7
-4.1
-4.4
4.6
94.7
-241.4
2.9
-9.3

0.0
0.0
6.8
4.2
3.9
7.5
98.7
-202.4
-13.8
-8.7

0.0
0.0
-29.3
-16.2
-16.4
8.9
89.9
-485.7
-10.5
-35.4

0.0
0.0
-19.0
-8.2
-8.5
7.2
103.0
-49.4
-21.5
-42.4

0.0
0.0
-15.1
-8.2
-8.2
56.2
134.0
0.0
26.0
-40.6

Shadab Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

143

2004

2005

2006

2007

2008

2009

30.0
63.3
93.3
0.0
0.0
66.2
66.2
159.5

30.0
85.7
115.7
0.0
0.0
94.6
94.6
210.3

30.0
109.8
139.8
0.0
0.0
141.6
141.6
281.4

30.0
82.7
112.7
0.0
0.0
135.8
135.8
248.5

30.0
81.9
111.9
0.0
0.0
133.9
133.9
245.8

30.0
53.6
83.6
0.0
0.0
74.9
74.9
158.5

1.1
1.1
0.0
60.9
83.0
145.0
143.5
209.7
1.5
148.1
-142.4

4.7
4.7
0.0
56.8
68.5
130.0
116.8
211.4
13.2
167.3
-112.1

1.1
1.1
0.0
112.3
35.6
149.0
142.4
284.0
6.6
231.9
-141.3

1.7
1.7
0.0
25.1
67.4
94.2
156.6
292.4
-62.4
213.7
-154.9

0.8
0.8
0.0
45.4
127.3
173.5
215.2
349.1
-41.7
254.2
-214.4

2.0
2.0
0.0
51.4
119.0
172.4
281.9
356.8
-109.5
269.9
-279.9

296.7
158.0
17.5
303.0

346.1
197.1
14.6
327.1

446.8
274.9
20.7
423.9

467.9
310.8
26.3
405.0

512.3
287.4
31.2
460.9

564.9
268.1
29.4
440.5

703.2
703.2
0.0
656.4
46.8
676.1
27.9
7.8
20.1
3.0
0.0
0.0

563.5
563.5
0.0
513.1
50.4
527.7
36.1
10.3
25.8
2.5
0.0
0.0

684.4
684.4
0.0
612.9
71.5
634.2
50.7
20.2
30.5
3.4
3.8
0.0

705.8
701.1
4.7
654.9
50.9
676.4
29.9
26.6
3.3
3.5
0.0
0.0

868.9
868.9
0.0
817.9
51.0
840.2
29.0
32.1
-3.1
4.3
0.0
0.0

874.4
871.8
2.6
849.7
24.7
872.8
1.8
43.7
-41.9
0.0
0.0
0.0

25.1
17.1
8.0

50.8
23.3
27.5

71.1
23.3
47.8

-32.9
-0.2
-32.7

-2.7
-7.4
4.7

-87.3
-41.9
-45.4

34.6
42.6

37.9
65.4

44.0
91.8

26.1
-6.6

23.8
28.5

-12.5
-57.9

41.5
101.0
43.2
224.8
6.6
68.1
81.2
311.0
96.1
28.0
1.1
5.3
14.9
4.1
21.5

45.0
111.3
52.7
182.7
7.9
45.9
58.0
385.7
93.6
28.5
1.8
6.2
9.7
4.8
22.3

50.3
104.6
79.6
203.1
7.2
32.8
47.9
466.0
92.7
39.8
3.0
8.7
11.1
3.1
21.8

54.6
60.2
17.1
259.4
0.8
0.6
-395.5
375.7
95.8
89.0
3.8
12.4
106.1
9.5
2.9

54.5
80.6
21.5
312.0
-0.7
274.1
83.5
373.0
96.7
110.7
3.7
12.6
-138.7
1.5
-2.8

47.3
61.2
18.9
426.8
-9.5
48.0
21.6
278.7
99.8
2427.8
5.0
16.2
0.0
2.6
-50.1

0.0
2.9
6.7
5.7
13.0
232.1
19.6
0.0
31.1

0.0
4.6
8.6
7.8
9.2
172.3
28.4
-19.9
38.6

713.2
2.7
4.5
10.2
9.0
10.5
161.5
18.6
21.5
46.6

0.0
0.0
0.5
1.1
-0.1
9.6
174.3
-89.2
3.1
37.6

0.0
0.0
-0.4
-1.0
-2.5
10.0
188.5
-190.9
23.1
37.3

0.0
0.0
-4.8
-14.0
-14.0
10.2
198.5
1300.0
0.6
27.9

Shadman Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

144

2004

2005

2006

2007

2008

2009

176.4
253.3
429.7
0.0
0.0
432.6
432.6
862.3

176.4
269.4
445.8
0.0
0.0
459.6
459.6
905.4

176.4
269.1
445.5
0.0
0.0
295.6
295.6
741.1

176.4
106.1
282.5
0.0
0.0
309.2
309.2
591.7

176.4
32.1
208.5
0.0
0.0
397.8
397.8
606.3

176.4
405.2
581.6
0.0
0.0
251.7
251.7
833.3

11.7
11.7
0.0
526.9
593.8
1132.4
1167.0
1599.6
-34.6
1405.8
-1155.3

20.3
20.3
0.0
347.4
713.6
1081.3
1077.4
1537.0
3.9
1423.6
-1057.1

7.6
7.6
0.0
304.1
596.3
908.0
1141.6
1437.2
-233.6
1255.7
-1134.0

7.2
7.2
0.0
458.1
450.8
916.1
1231.9
1541.1
-315.8
1219.0
-1224.7

5.4
5.4
0.0
408.5
855.1
1269.0
1624.0
2021.8
-355.0
1649.8
-1618.6

18.6
14.3
4.3
456.2
626.9
1101.7
1866.7
2118.4
-765.0
1498.4
-1848.1

1519.4
896.8
90.7
2029.2

1586.2
901.5
63.8
1982.8

1747.3
974.6
88.2
1882.6

1771.0
907.6
94.2
1823.7

1847.1
961.4
89.4
2230.4

2633.1
1598.4
87.0
2700.1

2690.0
1874.3
815.7
2557.0
133.0
2612.0
79.7
63.9
15.8
12.0
0.0
0.0

1970.9
1530.6
440.3
1833.2
137.7
1879.7
93.4
75.4
18.0
8.8
0.0
0.0

2464.0
1640.1
823.9
2251.6
212.4
2313.1
151.8
142.2
9.6
12.7
0.0
0.0

2389.7
1704.5
685.2
2247.2
142.5
2314.1
80.2
157.5
-77.3
12.2
0.0
0.0

2904.7
2348.4
556.3
2735.1
169.6
2806.3
102.2
161.8
-59.6
14.4
0.0
0.0

3215.3
2559.9
655.4
3070.5
144.8
3155.1
65.3
253.4
-188.1
6.8
0.0
0.0

266.5
3.8
262.7

43.1
9.2
33.9

-164.3
-3.1
-161.2

-149.4
-89.5
-59.9

14.6
-74.0
88.6

227.0
-194.9
421.9

94.5
357.2

73.0
106.9

85.1
-76.1

4.7
-55.2

15.4
104.0

-107.9
314.0

50.2
97.0
46.2
372.3
0.8
1.4
26.5
243.6
97.1
80.2
2.4
4.5
75.9
11.2
3.7

50.8
100.4
34.1
344.8
0.9
21.3
68.3
252.7
95.4
80.7
3.8
5.3
48.9
12.6
4.0

39.9
79.5
27.3
322.6
0.5
1.9
-111.8
252.6
93.9
93.7
5.8
11.3
132.3
10.1
2.2

52.3
74.4
37.8
545.5
-4.2
59.9
-8.5
160.1
96.8
196.4
6.6
12.9
-15.8
12.7
-27.4

65.6
78.1
25.5
969.7
-2.7
-506.8
14.8
118.2
96.6
158.3
5.6
9.8
-24.2
8.0
-28.6

30.2
59.0
25.4
364.2
-7.0
-85.9
-34.4
329.7
98.1
388.1
7.9
16.9
-3.6
8.6
-32.3

0.0
0.6
0.9
0.2
13.3
132.6
-75.7
45.8
24.4

0.0
0.9
1.0
0.5
7.1
99.4
11.1
-26.7
25.3

0.0
0.0
0.4
0.5
-0.2
9.8
130.9
-50.0
25.0
25.3

0.0
0.0
-3.2
-4.4
-5.1
9.7
131.0
-980.0
-3.0
16.0

0.0
0.0
-2.1
-3.4
-4.2
9.6
130.2
-22.7
21.6
11.8

0.0
0.0
-5.9
-10.7
-11.0
9.0
119.1
214.7
10.7
33.0

Shaheen Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

145

2004

2005

2006

2007

2008

2009

117.8
195.3
313.1
0.0
0.0
28.1
28.1
341.2

147.3
229.5
376.8
0.0
0.0
62.5
62.5
439.3

147.3
240.2
387.5
0.0
0.0
50.1
50.1
437.6

147.3
107.0
254.3
0.0
0.0
32.2
32.2
286.5

147.3
133.7
281.0
0.0
0.0
117.8
117.8
398.8

147.3
27.2
174.5
0.0
0.0
49.3
49.3
223.8

60.4
25.6
34.8
36.8
83.4
180.6
302.9
331.0
-122.3
28.1
-242.5

87.1
6.1
81.0
45.1
113.3
245.5
334.6
397.1
-89.1
205.8
-247.5

69.6
11.5
58.1
34.2
152.4
256.2
334.7
384.8
-78.5
216.7
-265.1

61.9
14.4
47.5
35.1
75.5
172.5
377.9
410.1
-205.4
117.9
-316.0

66.0
11.2
54.8
33.7
189.1
288.8
419.3
537.1
-130.5
132.6
-353.3

13.1
1.4
11.7
38.1
76.1
127.3
408.6
457.9
-281.3
132.5
-395.5

830.5
463.4
24.3
644.0

916.1
528.3
20.7
773.8

930.0
516.1
27.1
772.3

931.9
491.8
26.3
664.3

994.0
529.3
25.2
818.1

991.8
505.1
23.8
632.4

828.0
723.9
104.1
795.1
32.9
825.2
3.9
32.1
-28.2
4.1
0.0
0.0

706.8
489.6
217.2
639.8
67.0
674.4
33.6
21.8
11.8
3.2
0.0
0.0

890.3
590.5
299.8
814.0
76.3
855.2
41.0
37.8
3.2
4.5
0.0
0.0

935.5
619.2
316.3
877.6
57.9
919.1
17.8
29.7
-11.9
4.7
0.0
0.0

1054.2
700.7
353.5
1023.8
30.4
1061.4
-7.1
31.9
-39.0
5.3
0.0
0.0

825.3
311.2
514.1
804.7
20.6
888.7
-62.8
48.9
-111.7
5.1
0.0
0.0

95.7
-32.3
128.0

98.1
8.6
89.5

-1.7
-1.3
-0.4

-151.1
-16.6
-134.5

112.3
-44.3
156.6

-175.0
-116.8
-58.2

-8.0
120.0

29.3
118.8

25.8
25.4

9.7
-124.8

-19.1
137.5

-93.0
-151.2

8.2
59.6
32.1
105.7
-4.4
-33.8
-6.7
265.8
99.7
823.1
3.9
114.2
0.0
-9.0

14.2
73.4
39.5
105.4
1.5
8.8
24.7
255.8
95.4
64.9
3.1
10.6
27.1
0.8
3.1

11.4
76.5
31.0
99.3
0.4
76.5
101.6
263.1
96.1
92.2
4.2
17.4
140.6
1.1
0.8

11.2
45.6
25.7
161.3
-1.8
11.0
-7.8
172.6
98.2
166.9
3.2
25.2
-39.5
0.2
-4.7

29.5
68.9
23.8
191.1
-4.8
-39.4
-13.9
190.8
100.7
-449.3
3.0
24.1
-13.6
0.6
-13.9

22.0
31.2
12.5
262.4
-17.7
66.7
61.5
118.5
107.7
-77.9
5.9
36.9
-4.6
0.3
-64.0

0.0
-3.4
-2.4
-2.7
5.1
128.6
60.0
5.7
26.6

0.0
1.7
0.8
0.6
4.5
91.3
-133.3
-14.6
25.6

0.0
0.0
0.4
0.2
-0.1
5.1
115.3
-75.0
26.0
26.3

0.0
0.0
-1.3
-0.8
-1.1
5.1
140.8
-500.0
5.1
17.3

0.0
0.0
-3.7
-2.6
-3.0
5.1
128.9
225.0
12.7
19.1

0.0
0.0
-13.5
-7.6
-7.9
4.5
130.5
192.3
-21.7
11.8

Shahpur Textile Mills Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

146

2005

2006

2007

2008

2009

139.8
-123.3
16.5
0.0
0.0
140.0
140.0
156.5

139.8
-165.8
-26.0
0.0
0.0
141.0
141.0
115.0

139.8
-151.9
-12.1
0.0
0.0
36.0
36.0
23.9

139.8
-151.9
-12.1
0.0
0.0
36.0
36.0
23.9

2.2
2.2
0.0
17.4
82.7
102.3
344.8
484.8
-242.5
201.6
-342.6

2.7
2.7
0.0
36.6
52.9
92.2
420.1
561.1
-327.9
214.5
-417.4

0.0
0.0
0.0
28.0
43.4
71.4
452.6
488.6
-381.2
208.0
-452.6

0.0
0.0
0.0
28.0
43.4
71.4
452.6
488.6
-381.2
208.0
-452.6

85.0
398.9
28.9
501.2

823.8
443.0
28.5
535.2

816.1
405.1
467.6
476.5

816.1
405.1
467.6
476.5

569.8
564.4
5.4
556.2
13.6
568.8
6.7
43.5
-36.8
2.9
0.0
0.0

471.0
471.0
0.0
506.7
-35.7
517.4
-33.8
29.9
-63.7
2.4
0.0
0.0

300.6
300.6
0.0
329.7
-29.1
342.0
47.7
37.5
10.2
0.0
0.0
0.0

300.6
300.6
0.0
329.7
-29.1
342.0
47.7
37.5
10.2
0.0
0.0
0.0

-39.7
-

-66.1
-

10.2
-

0.0
10.2
-10.2

-10.8
-

-37.6
-

477.8
-

477.8
467.6

89.5
29.7
5.7
2938.2
-7.3
0.0
0.0
11.8
99.8
649.3
7.6
21.6
-7.9
2.7
-223.0

122.6
21.9
9.4
0.0
-11.9
0.0
0.0
-18.6
109.9
-88.5
6.3
13.9
-3.8
2.3
0.0

150.6
15.8
6.2
0.0
2.1
0.0
0.0
-8.7
113.8
78.6
12.5
18.0
0.0
0.4
0.0

150.6
15.8
6.2
0.0
2.1
0.0
102.2
-8.7
113.8
78.6
12.5
18.0
0.0
0.4
0.0

0.0
0.0
-6.5
-2.6
-2.8
8.2
113.7
-360.0
1.2

0.0
0.0
-13.5
-4.6
-4.7
6.1
88.0
-560.0
-1.9

0.0
0.0
3.4
0.7
0.7
105.6
63.1
-30.0
-0.9

0.0
0.0
3.4
0.7
0.7
105.6
63.1
0.0
0.0
-0.9

Shahtaj Textile Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

147

2004

2005

2006

2007

2008

2009

84.0
408.4
492.4
0.0
0.0
307.2
307.2
799.6

96.6
388.8
485.4
0.0
0.0
241.8
241.8
727.2

96.6
303.9
400.5
0.0
0.0
220.0
220.0
620.5

96.6
319.0
415.6
0.0
0.0
346.1
346.1
761.7

96.6
272.4
369.0
0.0
0.0
400.5
400.5
769.5

96.6
302.6
399.2
0.0
0.0
256.7
256.7
655.9

28.5
28.5
0.0
257.6
127.4
413.5
369.6
676.8
43.9
598.7
-341.1

6.0
6.0
0.0
259.8
136.1
401.9
385.0
626.8
16.9
558.4
-379.0

11.5
11.5
0.0
325.7
130.4
467.6
601.5
821.5
-133.9
593.0
-590.0

15.3
15.3
0.0
400.5
153.0
568.8
524.7
870.8
44.1
699.9
-509.4

35.2
35.2
0.0
527.8
184.0
747.0
735.7
1136.2
11.3
928.2
-700.5

3.2
3.2
0.0
573.5
174.0
750.7
791.4
1048.1
-40.7
672.3
-788.2

1050.0
755.7
59.9
1169.2

1061.5
710.4
57.0
1112.3

1179.1
754.3
74.0
1221.9

1187.2
717.5
75.7
1286.3

918.4
758.3
70.5
1505.3

1244.0
696.6
75.8
1447.3

1111.9
861.9
250.0
1050.1
61.8
1080.6
35.7
15.3
20.4
5.8
12.3
12.6

1195.9
663.4
532.5
1126.6
69.3
1164.9
37.1
33.7
3.4
5.5
6.3
12.6

1568.3
307.8
1260.5
1402.0
166.3
1463.2
115.7
58.4
57.3
8.3
19.3
0.0

1752.6
106.2
1646.4
1592.4
160.2
1657.1
105.9
67.4
38.5
9.9
0.0
0.0

1984.1
178.6
1805.5
1854.9
129.2
1917.7
82.9
67.2
15.7
12.1
0.0
0.0

2424.4
188.0
2236.4
2153.9
270.5
2296.0
153.3
102.8
50.5
16.8
19.3
0.0

203.9
2.3
201.6

-72.4
-8.4
-64.0

-106.7
29.7
-136.4

141.2
28.6
112.6

7.8
3.6
4.2

-113.6
14.4
-128.0

62.2
263.8

48.6
-15.4

103.7
-32.7

104.3
216.9

74.1
78.3

90.2
-37.8

38.4
111.9
77.4
137.4
1.7
1.1
23.6
586.2
97.2
42.9
1.4
2.6
28.4
18.4
4.1

33.3
104.4
69.0
129.1
0.3
502.5
97.4
90.8
2.8
6.0
161.8
17.1
0.7

35.5
77.7
56.1
205.1
4.7
-27.8
-317.1
414.6
93.3
50.5
3.7
9.8
14.5
15.1
14.3

45.4
108.4
79.2
209.5
3.0
20.3
48.1
430.2
94.6
63.6
3.8
9.6
25.7
19.3
9.3

52.0
101.5
76.5
307.9
1.0
46.2
94.6
382.0
96.7
81.1
3.4
7.2
77.1
23.2
4.3

39.1
94.9
72.9
262.6
3.5
-12.7
-238.6
413.3
94.7
67.1
4.2
15.3
33.3
21.1
12.7

118.7
2.5
1.8
2.4
1.7
10.3
95.1
-42.9
36.7
58.6

-33.3
1.3
0.3
0.4
-0.2
7.5
107.5
-83.3
7.6
50.2

253.9
4.8
3.7
5.9
5.1
10.4
128.3
1375.0
31.1
41.5

0.0
0.0
2.2
4.0
3.0
10.0
136.3
-32.2
11.8
43.0

0.0
0.0
0.8
1.6
0.4
9.8
131.8
-60.0
13.2
38.2

174.6
4.8
2.1
5.2
3.5
10.0
167.5
225.0
22.2
41.3

Shahzad Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

148

2004

2005

2006

2007

2008

2009

135.5
366.8
502.3
0.0
0.0
188.6
188.6
690.9

135.5
371.9
507.4
0.0
0.0
226.0
226.0
733.4

135.5
300.9
436.4
0.0
0.0
275.3
275.3
711.7

135.5
300.9
436.4
0.0
0.0
275.3
275.3
711.7

135.5
369.4
504.9
0.0
0.0
238.0
238.0
742.9

135.5
401.5
537.0
0.0
0.0
264.4
264.4
801.4

18.9
10.1
8.8
217.2
101.6
337.7
174.2
362.8
163.5
286.5
-155.3

37.4
2.3
35.1
191.7
97.6
326.7
207.0
433.0
119.7
369.1
-169.6

11.1
2.9
8.2
196.6
103.2
310.9
340.8
616.1
-29.9
449.8
-329.7

11.1
2.9
8.2
196.6
103.2
310.9
340.8
616.1
-29.9
449.8
-329.7

17.9
4.5
13.4
173.8
145.6
337.3
403.9
641.9
-66.6
355.5
-386.0

17.6
3.9
13.7
214.8
90.5
322.9
303.0
567.4
19.9
358.4
-285.4

895.8
527.4
27.8
865.1

1005.4
613.7
23.8
940.4

1158.1
741.6
35.6
1052.5

1158.1
741.6
35.6
1052.5

1273.0
809.5
34.2
1146.8

1294.1
781.4
35.1
1104.3

906.6
518.3
388.3
837.2
69.4
885.0
26.6
4.9
21.7
4.5
0.0
0.0

743.0
450.4
292.6
679.2
63.8
722.4
24.6
17.8
6.8
3.5
0.0
0.0

921.0
694.3
226.7
815.7
105.3
865.7
68.2
39.1
29.1
4.6
0.0
0.0

921.0
694.3
226.7
815.7
105.3
865.7
68.2
39.1
29.1
4.6
0.0
0.0

1206.3
840.6
365.7
1154.3
52.0
1202.1
46.9
42.8
4.1
6.0
0.0
0.0

1398.1
1136.1
262.0
1293.5
104.6
1341.4
67.8
29.0
38.8
2.6
0.0
0.0

-36.3
17.2
-53.5

42.5
3.3
39.2

-21.7
24.5
-46.2

0.0
24.5
-24.5

31.2
-1.9
33.1

58.5
36.2
22.3

45.0
-8.5

27.1
66.3

60.1
13.9

60.1
35.6

32.3
65.4

71.3
93.6

27.3
193.9
135.5
72.2
2.5
370.7
97.6
18.4
0.5
1.7
20.7
4.4
4.3

30.8
157.8
110.7
85.3
0.7
7.8
40.9
374.5
97.2
72.4
2.4
4.8
51.5
2.8
1.3

38.7
91.2
60.9
141.2
2.8
-112.9
432.4
322.1
94.0
57.3
4.2
8.7
15.8
2.5
6.7

38.7
91.2
60.9
141.2
2.8
0.0
168.8
322.1
94.0
57.3
4.2
8.7
15.8
2.5
6.7

32.0
83.5
47.5
127.1
0.4
-6.1
49.4
372.6
99.7
91.3
3.5
12.0
146.3
1.3
0.8

33.0
106.6
76.7
105.7
3.5
61.9
76.2
396.3
95.9
42.8
2.1
8.1
6.7
1.2
7.2

0.0
2.4
1.6
1.3
5.1
104.8
-260.0
17.5
37.1

0.0
0.9
0.5
0.2
4.5
79.0
-68.8
-18.0
37.4

0.0
0.0
3.2
2.1
1.8
5.8
87.5
320.0
24.0
32.2

0.0
0.0
3.2
2.1
1.8
5.8
87.5
0.0
0.0
32.2

0.0
0.0
0.3
0.3
-0.1
4.6
105.2
-85.7
31.0
37.3

0.0
0.0
2.8
2.9
2.7
4.3
126.6
866.7
15.9
39.6

Shams Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

149

2004

2005

2006

2007

2008

2009

85.7
424.0
509.7
0.0
0.0
204.3
204.3
714.0

86.4
455.8
542.2
0.0
0.0
207.7
207.7
749.9

86.4
417.0
503.4
0.0
0.0
528.7
528.7
1032.1

86.4
555.5
641.9
0.0
0.0
403.1
403.1
1045.0

86.4
424.5
510.9
0.0
0.0
327.9
327.9
838.8

86.4
312.2
398.6
0.0
0.0
206.9
206.9
605.5

258.8
98.3
160.5
154.3
97.4
510.5
292.4
496.7
218.1
340.3
-33.6

283.4
8.4
275.0
113.8
123.0
520.2
348.8
556.5
171.4
461.4
-65.4

218.4
13.7
204.7
193.3
142.7
554.4
627.9
1156.6
-73.5
995.6
-409.5

0.2
0.2
0.0
591.3
211.9
803.4
829.5
1232.6
-26.1
861.9
-829.3

14.0
14.0
0.0
391.4
346.2
751.6
897.8
1225.7
-146.2
933.2
-883.8

43.5
14.3
29.2
388.5
289.2
721.2
1030.4
1237.3
-309.2
884.6
-986.9

848.7
495.9
44.4
1006.4

958.7
578.5
33.3
1098.7

1537.4
1105.6
55.6
1660.0

1542.6
1071.1
108.4
1874.5

1533.2
985.1
98.1
1736.7

1575.7
914.7
90.1
1635.9

1327.1
1122.5
204.6
1221.7
105.4
1263.8
70.8
12.6
58.2
6.8
5.4
0.0

1109.3
1017.1
92.2
978.6
130.7
1015.3
100.8
24.8
76.0
5.3
15.1
0.0

1559.6
1360.6
199.0
1411.7
147.9
1459.4
115.3
65.3
50.0
8.6
15.1
0.0

2206.7
1661.1
545.6
2093.7
113.0
2163.9
320.9
117.7
203.2
11.3
0.0
0.0

2316.5
1912.1
404.4
2205.8
110.7
2289.5
63.7
91.6
-27.9
11.7
0.0
0.0

2700.8
2284.8
416.0
2563.7
137.1
2695.5
11.1
128.0
-116.9
4.2
0.0
0.0

311.2
46.0
265.2

35.9
55.6
-19.7

282.2
26.3
255.9

12.9
191.9
-179.0

-206.2
-39.6
-166.6

-233.3
-121.1
-112.2

90.4
355.6

88.9
69.2

81.9
337.8

300.3
121.3

58.5
-108.1

-31.0
-143.2

28.6
174.6
141.3
97.4
5.8
14.8
25.4
594.7
95.2
17.8
0.9
3.7
11.7
6.2
11.4

27.7
149.1
113.9
102.6
6.9
154.9
128.5
627.5
91.5
24.6
2.2
5.4
7.0
6.3
14.0

51.2
88.3
65.6
229.8
3.0
9.3
24.2
582.6
93.6
56.6
4.2
6.6
17.2
7.6
9.9

38.6
96.9
71.3
192.0
10.8
1487.6
247.6
742.9
98.1
36.7
5.3
13.7
5.6
7.3
31.7

39.1
83.7
45.2
239.9
-1.6
19.2
-54.1
591.3
98.8
143.8
4.0
9.8
-41.9
8.8
-5.5

34.2
70.0
41.9
310.4
-7.1
51.9
21.6
461.3
99.8
1153.2
4.7
14.5
-3.6
10.3
-29.3

951.9
1.1
4.4
6.8
6.0
12.4
131.9
-29.2
34.0
59.5

468.2
2.8
6.9
8.8
8.2
7.5
101.0
29.4
-16.4
62.8

274.2
3.0
3.2
5.8
4.8
9.6
94.0
-34.1
40.6
58.3

0.0
0.0
9.2
23.5
22.2
9.8
117.7
305.2
41.5
74.3

0.0
0.0
-1.2
-3.2
-4.6
9.2
133.4
-113.6
5.0
59.1

0.0
0.0
-4.3
-13.5
-14.0
9.1
165.1
321.9
16.6
46.1

Sind Fine Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

150

2004

2005

2006

2007

2008

2009

34.3
-89.3
-55.0
0.0
0.0
21.8
21.8
-33.2

34.3
-36.3
-2.0
0.0
0.0
5.8
5.8
3.8

34.3
-46.0
-11.7
0.0
0.0
0.0
0.0
-11.7

34.3
-46.1
-11.8
0.0
0.0
0.0
0.0
-11.8

28.3
-47.6
-19.3
6.0
0.0
0.0
6.0
-13.3

28.3
-47.9
-19.6
6.0
0.0
0.0
6.0
-13.6

7.8
7.8
0.0
24.2
0.0
32.0
114.7
136.5
-82.7
55.4
-106.9

0.6
0.6
0.0
6.6
0.0
7.2
30.4
36.2
-23.2
24.5
-29.8

0.2
0.2
0.0
3.4
0.0
3.6
18.2
18.2
-14.6
1.3
-18.0

0.2
0.2
0.0
3.5
0.0
3.7
18.1
18.1
-14.4
0.0
-17.9

0.2
0.2
0.0
0.4
0.0
0.6
16.3
22.3
-15.7
0.0
-16.1

0.2
0.2
0.0
0.4
0.0
0.6
16.3
22.3
-15.7
0.0
-16.1

163.0
49.5
5.5
81.5

49.3
26.9
2.2
34.1

14.4
2.7
0.2
6.3

14.4
2.5
0.2
6.2

14.4
2.3
0.2
2.9

14.4
2.1
0.2
2.7

0.0
0.0
0.0
0.0
0.0
24.2
-23.2
5.1
-28.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.1
16.1
1.1
15.0
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
10.0
-8.6
0.6
-9.2
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.6
-0.2
0.0
-0.2
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
3.1
-1.4
0.0
-1.4
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.6
-0.2
0.0
-0.2
0.1
0.0
0.0

-49.4
-28.3
-21.1

37.0
14.8
22.2

-15.5
-9.4
-6.1

-0.1
-0.3
0.2

-1.5
-1.5
0.0

-0.3
-0.3
0.0

-22.8
-43.9

17.0
39.2

-9.2
-15.3

-0.1
0.1

-1.3
-1.3

-0.1
-0.1

27.9
27.9
-34.7
-160.3
9.2
-

152.6
23.7
23.7
44.0
40.0
43.4
-5.8
6.8
4.5
1.3
-

0.0
19.8
19.8
0.0
-146.0
60.6
60.1
-34.1
0.0
-7.0
0.0
46.2
-2.2
0.0
0.0

0.0
20.4
20.4
0.0
-3.2
300.0
-100.0
-34.4
0.0
0.0
0.0
0.0
-50.0
0.0
0.0

0.0
3.7
3.7
0.0
-48.3
100.0
100.0
-68.2
0.0
0.0
0.0
0.0
-7.1
0.0
0.0

0.0
3.7
3.7
0.0
-7.4
100.0
100.0
-69.3
0.0
0.0
0.0
0.0
-50.0
0.0
0.0

-8.3
-8.3
10.0
0.0
-114.6
-100.0
-16.0

4.4
4.3
4.4
0.0
-153.0
-0.6

0.0
0.0
0.0
-2.7
-2.7
0.7
0.0
-161.4
-3.4

0.0
0.0
0.0
-0.1
-0.1
7.4
0.0
-96.3
-3.4

0.0
0.0
0.0
-0.5
-0.5
8.0
0.0
400.0
-6.8

0.0
0.0
0.0
-0.1
-0.1
8.7
0.0
-80.0
-6.9

Sunrays Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

151

2004

2005

2006

2007

2008

2009

60.0
333.6
393.6
0.0
0.0
155.7
155.7
549.3

69.0
392.6
461.6
0.0
0.0
254.6
254.6
716.2

69.0
355.6
424.6
0.0
0.0
271.5
271.5
696.1

69.0
0.0
69.0
0.0
0.0
0.0
0.0
69.0

69.0
346.7
415.7
0.0
0.0
414.3
414.3
830.0

69.0
582.4
651.4
0.0
0.0
210.2
210.2
861.6

7.6
7.6
0.0
159.2
179.4
346.2
316.3
472.0
29.9
346.0
-308.7

47.5
45.2
2.3
139.1
493.7
680.3
608.6
863.2
71.7
789.9
-561.1

39.4
37.1
2.3
201.5
381.3
622.2
672.8
944.3
-50.6
802.0
-633.4

17.4
15.1
2.3
202.5
400.5
620.4
1491.1
1491.1
-870.7
428.1
-1473.7

27.6
25.3
2.3
214.8
937.9
1180.3
1266.9
1681.2
-86.6
1278.7
-1239.3

38.4
36.1
2.3
388.9
495.2
922.5
947.7
1157.9
-25.2
935.9
-909.3

761.7
519.3
47.6
865.5

920.5
644.4
43.0
1324.7

1077.2
746.6
70.5
1368.8

1355.3
939.6
77.7
1560.0

1419.7
916.6
89.8
2096.9

1477.6
886.7
86.3
1809.2

1226.1
492.3
733.8
1102.9
123.2
1154.1
80.2
22.9
57.3
14.8
6.4
0.0

1000.5
458.2
542.3
838.1
162.4
883.6
118.2
33.8
84.4
7.0
6.9
0.0

1626.9
1433.3
193.6
1488.1
138.8
1527.6
105.1
76.5
28.6
8.1
0.0
0.0

1704.4
1338.9
365.5
1572.2
132.2
1622.5
103.0
86.9
16.1
0.2
0.0
0.0

1902.1
1658.4
243.7
1723.3
178.8
1776.1
126.1
106.4
19.7
9.5
0.0
0.0

2197.3
1614.6
582.7
1959.9
237.4
2034.5
182.3
108.4
73.9
15.5
6.9
0.0

54.5
36.1
18.4

166.9
70.5
96.4

-20.1
20.5
-40.6

-627.1
15.9
-643.0

761.0
10.2
750.8

31.6
51.5
-19.9

83.7
102.1

113.5
209.9

91.0
50.4

93.6
-549.4

100.0
850.8

137.8
117.9

28.3
109.5
52.7
119.9
6.6
66.2
82.0
656.0
94.1
28.6
1.9
6.6
25.8
8.0
14.6

35.5
111.8
30.7
187.0
6.4
42.2
54.1
669.0
88.3
28.6
3.4
4.3
8.3
8.3
18.3

39.0
92.5
35.8
222.4
2.1
-102.0
180.6
615.4
93.9
72.8
4.7
9.5
28.3
5.0
6.7

0.0
41.6
14.7
2161.0
1.0
-2.5
-17.0
100.0
95.2
84.4
5.1
20.3
1.2
6.2
23.3

49.9
93.2
19.1
404.4
0.9
1.3
11.8
602.5
93.4
84.4
5.6
8.3
48.2
7.1
4.7

24.4
97.3
45.1
177.8
4.1
163.0
116.9
944.1
92.6
59.5
4.9
11.6
21.0
14.1
11.3

664.1
1.6
4.7
9.6
7.1
11.9
141.7
23.1
48.3
65.6

1121.7
1.5
8.4
12.2
11.2
8.3
75.5
27.1
-18.4
66.9

0.0
0.0
1.8
4.1
3.0
10.9
118.9
-66.4
62.6
61.5

0.0
0.0
0.9
2.3
2.3
10.4
109.3
-43.9
4.8
10.0

0.0
0.0
1.0
2.9
1.5
9.6
90.7
26.1
11.6
60.2

846.4
1.1
3.4
10.7
8.5
9.4
121.5
269.0
15.5
94.4

Suraj Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

152

2004

2005

2006

2007

2008

2009

180.0
762.8
942.8
0.0
0.0
653.5
653.5
1596.3

180.0
956.9
1136.9
0.0
0.0
561.3
561.3
1698.2

180.0
957.8
1137.8
0.0
0.0
1009.5
1009.5
2147.3

180.0
1185.8
1365.8
0.0
0.0
571.9
571.9
1937.7

180.0
1225.0
1405.0
0.0
0.0
837.1
837.1
2242.1

180.0
1214.5
1394.5
0.0
0.0
537.6
537.6
1932.1

213.0
57.2
155.8
629.6
171.9
1014.5
922.2
1575.7
92.3
1234.7
-709.2

310.2
55.2
255.0
363.2
473.0
1146.4
938.2
1499.5
208.2
1299.1
-628.0

246.0
53.7
192.3
490.1
367.3
1103.4
1291.3
2300.8
-187.9
1867.5
-1045.3

379.2
372.1
7.1
563.6
404.4
1347.2
1642.4
2214.3
-295.2
1442.9
-1263.2

10.9
5.7
5.2
520.3
886.0
1417.2
1466.2
2303.3
-49.0
1718.9
-1455.3

65.9
13.5
52.4
524.3
711.3
1301.5
1418.3
1955.9
-116.8
1374.5
-1352.4

2428.6
1504.1
141.3
2518.6

2487.0
1490.1
116.7
2636.5

3395.1
2335.2
186.5
3438.6

3451.0
2232.8
242.5
3580.0

3717.2
2291.2
234.7
3708.4

3725.2
2049.0
217.5
3350.5

3389.6
2931.5
458.1
3153.8
235.8
3209.5
190.5
45.6
144.9
15.4
36.0
0.0

2608.0
1973.2
634.8
2300.1
307.9
2370.6
243.7
67.4
176.3
15.0
36.0
0.0

3721.7
2435.8
1285.9
3301.1
420.6
3443.4
296.0
135.1
160.9
19.3
36.0
0.0

4128.2
2804.0
1324.2
3701.9
426.3
3825.4
553.3
175.7
377.6
21.0
0.0
0.0

4130.3
2962.9
1167.4
3728.4
401.9
3869.4
327.6
171.5
156.1
20.8
27.0
0.6

4790.5
3646.9
1143.6
4235.0
555.5
4493.5
306.4
232.9
73.5
11.8
27.0
0.0

303.6
93.5
210.1

101.9
125.3
-23.4

449.1
105.6
343.5

-209.6
356.6
-566.2

304.4
108.3
196.1

-310.0
34.7
-344.7

234.8
444.9

242.0
218.6

292.1
635.6

599.1
32.9

343.0
539.1

252.2
-92.5

40.9
110.0
91.4
167.1
5.8
30.8
52.8
523.8
94.7
23.9
1.3
3.7
10.6
5.1
15.4

33.1
122.2
71.8
131.9
6.7
123.0
110.7
631.6
90.9
27.7
2.6
5.2
8.5
8.8
15.5

47.0
85.4
57.0
202.2
4.7
23.5
46.0
632.1
92.5
45.6
3.6
7.2
12.0
7.6
14.1

29.5
82.0
57.4
162.1
10.5
-170.1
1821.0
758.8
92.7
31.8
4.3
12.2
5.6
7.8
27.6

37.3
96.7
36.2
163.9
4.2
35.6
63.6
780.6
93.7
52.4
4.2
10.0
13.3
6.8
11.1

27.8
91.8
41.6
140.3
2.2
-11.2
-272.6
774.7
93.8
76.0
4.9
16.9
16.1
6.0
5.3

359.7
3.8
4.3
8.1
7.2
12.2
134.6
-5.8
58.1
52.4

448.1
3.2
6.8
9.8
9.0
8.0
98.9
21.0
-23.1
63.2

393.3
3.2
4.3
8.9
7.9
12.5
108.2
-9.2
42.7
63.2

0.0
0.0
9.1
21.0
19.8
10.2
115.3
136.0
10.9
75.9

501.1
1.9
3.8
8.7
7.5
10.5
111.4
-58.6
0.1
78.1

228.5
1.9
1.5
4.1
3.4
9.8
143.0
-52.9
16.0
77.5

Taha Spinning Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

153

2004

2005

2006

2007

2008

2009

40.5
110.6
151.1
0.0
0.0
31.8
31.8
182.9

40.5
107.8
148.3
0.0
0.0
93.2
93.2
241.5

40.5
121.4
161.9
0.0
0.0
91.3
91.3
253.2

40.5
71.2
111.7
0.0
0.0
0.0
0.0
111.7

40.5
38.0
78.5
0.0
0.0
116.6
116.6
195.1

40.5
10.1
50.6
0.0
0.0
49.5
49.5
100.1

2.6
2.2
0.4
35.9
119.9
158.4
119.0
150.8
39.4
107.6
-116.4

2.1
2.1
0.0
31.3
170.7
204.1
133.5
226.7
70.6
186.8
-131.4

3.3
2.9
0.4
41.6
166.7
211.6
161.9
253.2
49.7
235.8
-158.6

3.2
3.2
0.0
84.7
119.3
207.2
301.5
301.5
-94.3
142.5
-298.3

5.9
5.9
0.0
227.1
27.8
260.8
252.4
369.0
8.4
269.0
-246.5

3.2
3.2
0.0
65.6
22.0
90.8
174.1
223.6
-83.3
154.8
-170.9

247.5
143.5
11.4
301.9

284.2
170.9
9.3
375.0

328.7
203.6
11.8
415.2

336.1
206.1
15.5
413.3

339.4
186.6
16.1
447.4

339.4
183.5
3.9
274.3

260.3
247.1
13.2
254.1
6.2
258.8
2.3
0.0
2.3
1.3
0.0
0.0

155.0
132.4
22.6
149.2
5.8
151.9
13.2
7.7
5.5
0.7
0.0
0.0

478.1
292.8
185.3
426.8
51.3
434.2
43.9
27.9
16.0
2.8
0.0
0.0

416.3
323.0
93.3
390.1
26.2
400.0
16.3
33.1
-16.8
2.1
0.0
0.0

231.2
228.8
2.4
230.5
0.7
235.5
-4.3
27.5
-31.8
1.2
0.0
0.0

3.0
3.0
0.0
13.4
-10.4
15.1
-12.1
18.9
-31.0
0.0
0.0
0.0

15.5
1.0
14.5

58.6
4.8
53.8

11.7
13.2
-1.5

-141.5
-18.9
-122.6

83.4
-33.0
116.4

-95.0
-31.0
-64.0

12.4
26.9

14.1
67.9

25.0
23.5

-3.4
-126.0

-16.9
99.5

-27.1
-91.1

17.4
133.1
32.4
99.8
0.8
6.5
46.1
373.1
99.4
0.0
0.0
0.0
56.5
9.0
1.5

38.6
152.9
25.0
152.9
1.5
8.2
20.8
366.2
98.0
58.3
5.0
4.1
12.7
14.3
3.7

36.1
130.7
27.7
156.4
3.9
112.8
106.4
399.8
90.8
63.6
5.8
11.8
17.5
4.8
9.9

0.0
68.7
29.2
269.9
-4.1
13.4
2.7
275.8
96.1
203.1
8.0
23.2
-12.5
9.4
-15.0

59.8
103.3
92.3
470.1
-7.1
-39.6
-17.0
193.8
101.9
-639.5
11.9
10.2
-3.8
12.7
-40.5

49.5
52.2
39.5
441.9
-11.3
32.6
29.7
124.9
503.3
-156.2
630.0
12.2
0.0
976.7
-61.3

0.0
0.9
0.6
0.2
10.0
86.2
50.0
-8.5
37.3

0.0
3.5
1.4
1.2
6.5
41.3
133.3
-40.5
36.6

0.0
0.0
3.3
4.0
3.3
6.9
115.1
185.7
208.5
40.0

0.0
0.0
-4.0
-4.1
-4.7
7.6
100.7
-202.5
-12.9
27.6

0.0
0.0
-13.8
-7.9
-8.1
7.8
51.7
92.7
-44.5
19.4

0.0
0.0
-1033.3
-7.7
-7.7
2.1
1.1
-2.5
-98.7
12.5

Taj Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

154

2004

2005

2006

2007

2008

2009

334.4
-130.2
204.2
0.0
0.0
1117.4
1117.4
1321.6

334.4
-446.3
-111.9
0.0
0.0
1025.3
1025.3
913.4

334.4
-644.7
-310.3
0.0
0.0
1003.7
1003.7
693.4

334.4
-644.7
-310.3
0.0
0.0
1003.7
1003.7
693.4

334.4
-948.5
-614.1
0.0
0.0
695.6
695.6
81.5

334.4
-948.5
-614.1
0.0
0.0
695.6
695.6
81.5

10.7
1.8
8.9
542.1
350.6
903.4
666.3
1783.7
237.1
1320.4
-655.6

14.9
9.8
5.1
546.7
299.2
860.8
805.7
1831.0
55.1
1447.6
-790.8

14.7
10.3
4.4
470.1
224.6
709.4
798.0
1801.7
-88.6
1405.5
-783.3

14.7
10.3
4.4
470.1
224.6
709.4
798.0
1801.7
-88.6
1405.5
-783.3

10.3
7.2
3.1
467.4
114.0
591.7
1150.1
1845.7
-558.4
788.3
-1139.8

10.3
7.2
3.1
467.4
114.0
591.7
1150.1
1845.7
-558.4
788.3
-1139.8

1282.3
1084.5
98.1
1987.9

1290.5
858.5
66.9
1719.3

1296.3
782.1
82.9
1491.5

1296.3
782.1
82.9
1491.5

1289.5
640.0
67.3
1231.7

1289.5
640.0
67.3
1231.7

1388.5
1348.9
39.6
1433.3
-44.8
1502.4
-109.0
78.6
-187.6
6.8
0.0
0.0

1037.2
980.8
56.4
1069.6
-32.4
1134.8
-97.6
62.9
-160.5
5.4
0.0
0.0

1189.5
1180.6
8.9
1258.8
-69.3
1347.8
-158.3
62.1
-220.4
5.9
0.0
0.0

1189.5
1180.6
8.9
1258.8
-69.3
1347.8
-158.3
62.1
-220.4
5.9
0.0
0.0

43.7
43.7
0.0
56.4
-12.7
277.0
-49.5
0.1
-49.6
0.2
0.0
0.0

43.7
43.7
0.0
56.4
-12.7
277.0
-49.5
0.1
-49.6
0.2
0.0
0.0

51.8
-194.4
246.2

-408.2
-165.9
-242.3

-220.0
-226.3
6.3

0.0
-226.3
226.3

-611.9
-49.8
-562.1

0.0
-49.8
49.8

-96.3
149.9

-99.0
-341.3

-143.4
-137.1

-143.4
82.9

17.5
-544.6

17.5
67.3

84.5
135.6
83.0
873.5
-9.4
-375.3
-64.2
61.1
108.2
5.7
6.0
20.3
-91.9

112.3
106.8
69.7
-9.3
-33.5
109.4
6.1
4.3
26.5
-

144.8
88.9
60.8
0.0
-14.8
102.9
104.6
-92.8
113.3
-39.2
5.2
4.4
-2.7
20.2
0.0

144.8
88.9
60.8
0.0
-14.8
0.0
-173.0
-92.8
113.3
-39.2
5.2
4.4
-2.7
20.2
0.0

853.5
51.4
41.5
0.0
-4.0
8.1
-3.2
-183.6
633.9
-0.2
0.2
0.0
-0.4
617.6
0.0

853.5
51.4
41.5
0.0
-4.0
0.0
26.0
-183.6
633.9
-0.2
0.2
0.0
-0.4
617.6
0.0

0.0
-13.5
-5.6
-5.8
8.3
69.8
1.8
7.4
6.1

-15.5
-4.8
-5.0
7.3
60.3
-14.3
-25.3
-3.3

0.0
0.0
-18.5
-6.6
-6.8
9.7
79.8
37.5
14.7
-9.3

0.0
0.0
-18.5
-6.6
-6.8
9.7
79.8
0.0
0.0
-9.3

0.0
0.0
-113.5
-1.5
-1.5
9.5
3.5
-77.3
-96.3
-18.4

0.0
0.0
-113.5
-1.5
-1.5
9.5
3.5
0.0
0.0
-18.4

Tata Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

155

2004

2005

2006

2007

2008

2009

150.7
358.5
509.2
0.0
0.0
411.2
411.2
920.4

173.2
406.1
579.3
0.0
0.0
874.3
874.3
1453.6

173.2
432.8
606.0
0.0
0.0
746.9
746.9
1352.9

173.2
428.6
601.8
0.0
0.0
897.8
897.8
1499.6

173.2
1273.6
1446.8
0.0
0.0
839.8
839.8
2286.6

173.2
1059.4
1232.6
0.0
0.0
493.0
493.0
1725.6

4.3
4.3
0.0
161.4
253.2
418.9
430.1
841.3
-11.2
672.4
-425.8

81.4
78.1
3.3
253.5
656.6
991.5
985.1
1859.4
6.4
1668.0
-903.7

15.8
14.4
1.4
289.3
755.3
1060.4
1202.8
1949.7
-142.4
1716.2
-1187.0

133.0
133.0
0.0
294.4
775.9
1203.3
1109.0
2006.8
94.3
1693.5
-976.0

55.6
55.6
0.0
346.3
1421.8
1823.7
1855.5
2695.3
-31.8
2420.1
-1799.9

41.0
41.0
0.0
251.8
1159.8
1452.6
2057.4
2550.4
-604.8
1917.7
-2016.4

1021.8
931.6
56.6
1350.5

1617.2
1447.2
80.6
2438.7

1827.0
1495.3
165.2
2555.7

1829.8
1405.3
108.0
2608.6

2433.2
2318.6
102.5
4142.3

2557.2
2330.4
118.9
3783.0

1222.8
299.8
923.0
1076.6
146.2
1141.9
74.0
24.9
49.1
15.9
0.0
22.6

1129.9
155.8
974.1
912.3
217.6
985.7
144.7
64.1
80.6
11.2
0.0
22.6

2124.0
526.4
1597.6
1754.0
370.0
1877.2
247.4
180.0
67.4
27.0
17.3
0.0

2382.0
524.9
1857.1
1949.3
432.7
2113.8
274.7
193.1
81.6
32.2
0.0
0.0

2415.4
398.8
2016.6
1990.6
424.8
2180.3
236.6
209.0
27.6
19.1
0.0
0.0

2683.2
405.9
2277.3
2265.7
417.5
2600.7
112.0
326.4
-214.4
22.9
0.0
0.0

376.5
33.2
343.3

533.2
69.4
463.8

-100.7
23.1
-123.8

146.7
49.4
97.3

787.0
8.5
778.5

-561.0
-237.3
-323.7

89.8
433.1

150.0
613.8

188.3
64.5

157.4
254.7

111.0
889.5

-118.4
-442.1

44.7
97.4
38.5
165.2
3.6
8.8
20.7
337.9
93.4
33.6
2.0
3.7
32.4
4.4
9.6

60.1
100.6
34.0
321.0
3.3
13.0
24.4
334.5
87.2
44.3
5.7
3.8
13.9
12.8
13.9

55.2
88.2
25.4
321.7
2.6
-22.9
291.9
349.9
88.4
72.8
8.5
10.5
40.1
6.3
11.1

59.9
108.5
38.5
333.5
3.1
33.7
61.8
347.5
88.7
70.3
8.1
11.4
39.5
4.9
13.6

36.7
98.3
21.7
186.3
0.7
1.1
12.5
835.3
90.3
88.3
8.7
8.6
69.2
8.3
1.9

28.6
70.6
14.2
206.9
-5.7
42.3
26.8
711.7
96.9
291.4
12.2
17.0
-10.7
5.3
-17.4

0.0
4.0
3.3
2.2
10.7
90.5
-15.4
43.7
33.8

0.0
7.1
4.7
4.0
8.7
46.3
42.4
-7.6
33.4

233.5
2.9
3.2
3.9
2.3
11.4
83.1
-17.0
88.0
35.0

0.0
0.0
3.4
4.7
2.9
7.2
91.3
20.5
12.1
34.7

0.0
0.0
1.1
1.6
0.5
7.3
58.3
-66.0
1.4
83.5

0.0
0.0
-8.0
-12.4
-13.7
5.1
70.9
-875.0
11.1
71.2

The Crescent Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

156

2004

2005

2006

2007

2008

2009

406.7
2079.2
2485.9
0.0
0.0
1233.6
1233.6
3719.5

406.7
2246.7
2653.4
0.0
499.9
873.1
1373.0
4026.4

406.7
2055.1
2461.8
0.0
399.9
1223.2
1623.1
4084.9

447.4
4182.3
4629.7
0.0
0.0
953.3
953.3
5583.0

492.1
3560.5
4052.6
0.0
300.0
987.4
1287.4
5340.0

492.1
3410.1
3902.2
0.0
0.0
1108.0
1108.0
5010.2

948.2
32.2
916.0
934.1
3674.8
5557.1
3130.3
4363.9
2426.8
3465.5
-2182.1

886.5
35.7
850.8
3139.4
1172.3
5198.2
3194.1
4567.1
2004.1
3954.8
-2307.6

1193.8
40.6
1153.2
2823.0
962.7
4979.5
3046.8
4669.9
1932.7
4270.5
-1853.0

1127.6
7.4
1120.2
3697.8
978.3
5803.7
4668.0
5621.3
1135.7
4024.1
-3540.4

1129.7
8.6
1121.1
4549.2
1240.7
6919.6
5805.7
7093.1
1113.9
6271.8
-4676.0

312.0
18.9
293.1
5381.1
940.4
6633.5
5805.7
6913.7
827.8
6348.1
-5493.7

2412.4
1292.7
149.5
6849.8

3482.7
2022.4
138.7
7220.6

3787.9
2152.3
214.4
7131.8

6224.8
4447.4
261.6
10251.1

6350.7
4226.2
297.6
11145.8

6511.4
4182.4
275.9
10815.9

5723.7
1917.1
3806.6
5224.0
499.7
5612.3
214.1
115.8
98.3
43.3
0.0
0.0

4298.1
1272.7
3025.4
3757.4
540.7
4077.9
301.5
175.0
126.5
37.9
40.7
0.0

5097.6
1950.3
3147.3
4573.3
524.3
4929.8
339.9
357.0
-17.1
41.6
0.0
40.7

5591.6
1998.1
3593.5
5062.3
529.3
5507.7
581.5
464.4
117.1
48.8
0.0
0.0

8844.6
2301.6
6543.0
7876.6
968.0
8544.0
570.3
613.2
-42.9
59.4
0.0
44.7

10750.5
2764.4
7986.1
9175.3
1575.2
10112.8
1074.0
815.9
258.1
73.4
0.0
0.0

435.6
55.0
380.6

306.9
47.9
259.0

58.5
-58.7
117.2

1498.1
68.3
1429.8

-243.0
-102.3
-140.7

-329.8
184.7
-514.5

204.5
585.1

186.6
445.6

155.7
272.9

329.9
1759.7

195.3
54.6

460.6
-53.9

33.2
177.5
60.1
175.5
1.4
12.6
35.0
611.2
98.1
54.1
2.0
3.3
44.0
21.6
4.0

34.1
162.7
126.0
172.1
1.8
15.6
41.9
652.4
94.9
58.0
4.1
4.4
30.0
24.7
4.8

39.7
163.4
131.8
189.7
-0.2
-100.3
57.1
605.3
96.7
105.0
7.0
8.4
-243.3
19.7
-0.7

17.1
124.3
103.4
121.4
1.1
4.6
18.7
1034.8
98.5
79.9
8.3
11.5
41.7
22.5
2.5

24.1
119.2
97.8
175.0
-0.4
42.1
357.7
823.5
96.6
107.5
6.9
9.8
-138.5
23.8
-1.1

22.1
114.3
98.1
177.2
2.4
-56.0
-854.5
793.0
94.1
76.0
7.6
12.9
28.4
23.8
6.6

0.0
1.7
2.4
1.4
13.0
83.6
-51.0
20.7
61.1

217.7
1.5
2.9
3.1
2.2
10.7
59.5
29.2
-24.9
65.2

0.0
0.0
-0.3
-0.4
-1.4
10.6
71.5
-112.9
18.6
60.5

0.0
0.0
2.1
2.6
1.5
12.2
54.5
-750.0
9.7
103.5

0.0
0.0
-0.5
-0.9
-2.1
6.7
79.4
-134.6
58.2
82.4

0.0
0.0
2.4
5.2
3.8
6.5
99.4
-677.8
21.5
79.3

Towellers Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

157

2004

2005

2006

2007

2008

2009

170.0
546.3
716.3
0.0
0.0
10.4
10.4
726.7

170.0
549.0
719.0
0.0
0.0
244.5
244.5
963.5

170.0
504.4
674.4
0.0
0.0
133.0
133.0
807.4

170.0
809.1
979.1
0.0
0.0
305.3
305.3
1284.4

170.0
831.1
1001.1
0.0
0.0
393.9
393.9
1395.0

170.0
970.7
1140.7
0.0
0.0
267.4
267.4
1408.1

121.0
121.0
0.0
448.3
366.7
936.0
734.4
744.8
201.6
464.4
-613.4

68.8
68.8
0.0
615.8
584.2
1268.8
1155.4
1399.9
113.4
953.9
-1086.6

91.9
91.9
0.0
656.7
597.5
1346.1
1526.1
1659.1
-180.0
1181.9
-1434.2

69.2
69.2
0.0
769.2
867.9
1706.3
1948.5
2253.8
-242.2
1425.0
-1879.3

44.4
44.4
0.0
854.6
1089.5
1988.5
2129.9
2523.8
-141.4
1767.6
-2085.5

50.7
50.7
0.0
975.9
1065.3
2091.9
2243.6
2511.0
-151.7
1852.9
-2192.9

747.2
525.2
44.4
1461.2

1104.0
850.1
32.8
2118.9

1187.3
987.4
37.7
2333.5

174.9
1526.6
92.7
3232.9

1938.5
1536.3
139.1
3524.8

1889.9
1559.9
135.9
3651.8

2001.8
68.8
1933.0
1835.9
165.9
1967.8
37.8
16.6
21.2
14.8
0.0
0.0

1371.2
54.1
1317.1
1157.5
213.7
1345.5
26.0
13.2
12.8
9.8
0.0
0.0

2246.5
91.8
2154.7
1921.0
325.5
2197.4
71.5
41.1
30.4
20.4
0.0
0.0

2358.3
27.8
2330.5
1926.9
431.4
2213.3
147.2
108.4
38.8
22.7
0.0
0.0

3626.6
64.2
3562.4
3084.5
542.1
3394.1
234.5
176.2
58.3
33.5
0.0
0.0

3419.6
19.5
3400.1
2739.5
680.1
3099.7
322.2
257.2
65.0
33.9
8.5
0.0

28.5
6.4
22.1

236.8
3.0
233.8

-156.1
10.0
-166.1

477.0
16.1
460.9

110.6
24.8
85.8

13.1
22.6
-9.5

50.8
72.9

35.8
269.6

47.7
-118.4

108.8
569.7

163.9
249.7

158.5
149.0

1.4
127.5
77.5
104.0
1.5
22.5
69.7
421.4
98.3
43.9
0.8
3.6
69.8
15.6
3.0

25.4
109.8
59.3
194.7
0.6
1.3
13.3
422.9
98.1
50.8
1.0
1.4
76.6
25.9
1.8

16.5
88.2
49.1
246.0
1.3
-6.4
-40.3
396.7
97.8
57.5
1.8
3.5
67.1
16.4
4.5

23.8
87.6
43.0
230.2
1.2
3.4
19.1
575.9
93.9
73.6
4.6
7.6
58.5
18.4
4.0

28.2
93.4
42.2
252.1
1.7
22.4
65.6
588.9
93.6
75.1
4.9
10.0
57.5
17.5
5.8

19.0
93.2
45.8
220.1
1.8
172.5
106.4
671.0
90.6
79.8
7.5
13.9
52.2
20.9
5.7

0.0
1.1
1.2
0.4
8.7
137.0
-66.7
-7.6
42.1

0.0
0.9
0.8
0.2
6.2
64.7
-33.3
-31.5
42.3

0.0
0.0
1.4
1.8
0.6
4.4
96.3
125.0
63.8
39.7

0.0
0.0
1.6
2.3
0.9
9.4
72.9
27.8
5.0
57.6

0.0
0.0
1.6
3.4
1.5
9.1
102.9
47.8
53.8
58.9

365.9
0.7
1.9
3.8
1.8
8.8
93.6
11.8
-5.7
67.1

Usman Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

158

2004

2005

2006

2007

2008

2009

37.3
127.6
164.9
0.0
0.0
0.0
0.0
164.9

37.3
127.6
164.9
0.0
0.0
0.0
0.0
164.9

37.3
42.0
79.3
0.0
0.0
0.0
0.0
79.3

37.3
45.9
83.2
0.0
0.0
0.0
0.0
83.2

37.3
56.0
93.3
0.0
0.0
0.0
0.0
93.3

37.3
56.0
93.3
0.0
0.0
0.0
0.0
93.3

10.0
9.9
0.1
39.9
0.0
49.9
67.4
67.4
-17.5
0.0
-57.4

10.0
9.9
0.1
39.9
0.0
49.9
67.4
67.4
-17.5
0.0
-57.4

0.0
0.0
0.0
99.2
0.0
99.2
19.9
19.9
79.3
0.0
-19.9

98.2
0.0
98.2
9.0
0.0
107.2
24.1
24.1
83.1
0.0
74.1

18.0
0.0
18.0
104.4
0.0
122.4
29.2
29.2
93.2
0.6
-11.2

18.0
0.0
18.0
104.4
0.0
122.4
29.2
29.2
93.2
0.6
-11.2

60.9
182.4
21.0
232.3

60.9
182.4
21.0
232.3

0.0
0.0
0.0
99.2

0.0
0.0
0.0
107.2

0.0
0.0
0.0
122.4

0.0
0.0
0.0
122.4

0.0
0.0
0.0
0.0
0.0
6.5
121.5
0.2
121.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
6.5
121.5
0.2
121.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
12.9
0.0
12.9
4.5
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.6
8.1
0.0
8.1
2.9
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.3
14.7
0.0
14.7
4.6
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.3
14.7
0.0
14.7
4.6
0.0
0.0

0.0
121.3
-121.3

0.0
121.3
-121.3

-85.6
8.4
-94.0

3.9
5.2
-1.3

10.1
10.1
0.0

0.0
10.1
-10.1

142.3
21.0

142.3
21.0

8.4
-85.6

5.2
3.9

10.1
10.1

10.1
0.0

0.0
74.0
74.0
40.9
52.2
677.6
442.1
0.2
0.0
73.6

0.0
74.0
74.0
40.9
52.2
677.6
442.1
0.2
0.0
73.6

0.0
498.5
498.5
25.1
13.0
-9.8
-9.8
212.6
0.0
0.0
0.0
0.0
34.9
0.0
16.3

0.0
444.8
444.8
29.0
7.6
133.3
133.3
223.1
0.0
0.0
0.0
0.0
35.8
0.0
9.7

0.0
419.2
419.2
31.3
12.0
100.0
100.0
250.1
0.0
0.0
0.0
0.0
31.3
0.0
15.8

0.0
419.2
419.2
31.3
12.0
0.0
0.0
250.1
0.0
0.0
0.0
0.0
31.3
0.0
15.8

0.0
32.5
32.5
39.8
0.0
0.0
44.2

0.0
32.5
32.5
39.8
0.0
0.0
44.2

0.0
0.0
0.0
3.5
2.3
0.0
0.0
-89.2
21.3

0.0
0.0
0.0
2.2
1.4
0.0
0.0
-37.1
22.3

0.0
0.0
0.0
3.9
2.7
0.0
0.0
77.3
25.0

0.0
0.0
0.0
3.9
2.7
0.0
0.0
0.0
25.0

Yousaf Weaving Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

159

2004

2005

2006

2007

2008

2009

181.7
-139.5
42.2
0.0
0.0
212.4
212.4
254.6

181.7
-254.7
-73.0
0.0
0.0
51.9
51.9
-21.1

400.0
-231.0
169.0
0.0
0.0
143.2
143.2
312.2

400.0
-222.2
177.8
0.0
0.0
169.9
169.9
347.7

400.0
-233.0
167.0
0.0
0.0
202.0
202.0
369.0

400.0
-228.9
171.1
0.0
0.0
208.3
208.3
379.4

115.8
115.8
0.0
234.7
115.7
466.2
734.5
946.9
-268.3
371.4
-618.7

89.2
89.2
0.0
139.8
69.9
298.9
740.7
792.6
-441.8
190.0
-651.5

50.8
50.8
0.0
154.3
113.7
318.8
644.5
787.7
-325.7
287.9
-593.7

117.2
117.2
0.0
167.5
147.3
432.0
831.1
1001.0
-399.1
303.7
-713.9

3.8
3.8
0.0
288.0
177.8
469.6
937.0
1139.0
-467.4
478.5
-933.2

6.5
6.5
0.0
273.5
196.6
476.6
886.1
1094.4
-409.5
502.1
-879.6

1126.0
522.8
58.2
989.0

768.5
420.7
33.9
719.6

1005.3
637.9
49.8
956.7

1177.1
746.9
78.2
1178.9

1305.3
836.5
61.6
1306.1

1322.4
788.8
60.6
1265.4

1683.3
913.1
770.2
1601.3
82.0
1727.4
-30.3
40.3
-70.6
8.9
0.0
0.0

928.3
484.3
444.0
930.6
-2.3
999.6
-65.0
27.4
-92.4
6.7
0.0
0.0

1179.2
951.3
227.9
1054.4
124.8
1118.6
62.1
22.6
39.5
5.9
64.2
0.0

1573.8
784.6
789.2
1442.4
131.4
1525.6
48.2
40.6
7.6
9.8
0.0
0.0

1972.8
946.8
1026.0
1797.2
175.6
1909.4
63.8
63.1
0.7
10.2
0.0
0.0

2099.0
955.4
1143.6
1884.6
214.4
2014.1
92.0
77.1
14.9
11.4
0.0
0.0

-80.7
-79.5
-1.2

-275.7
-99.1
-176.6

333.3
-30.6
363.9

35.5
-2.2
37.7

21.3
-9.5
30.8

10.4
3.5
6.9

-21.3
-22.5

-65.2
-241.8

19.2
383.1

76.0
113.7

52.1
82.9

64.1
71.0

83.4
63.5
47.7
2243.8
-7.1
23.2
102.6
2.4
10.9
4.2
-167.3

40.4
30.9
-12.8
-40.2
107.7
3.0
14.4
3.6
-

45.9
49.5
31.8
466.1
4.1
-9.2
5.0
42.3
94.9
36.4
1.9
7.8
14.9
5.5
23.4

48.9
52.0
34.3
563.0
0.6
-6.2
66.8
44.5
96.9
84.2
2.6
13.4
128.9
3.0
4.3

54.7
50.1
31.1
682.0
0.1
-44.6
62.8
41.8
96.8
98.9
3.2
13.2
1457.1
6.5
0.4

54.9
53.8
31.6
639.6
1.2
33.7
90.3
42.8
96.0
83.8
3.7
15.4
76.5
4.5
8.7

0.0
-4.2
-3.9
-4.4
10.8
170.2
69.6
23.7
2.3

-10.0
-5.1
-5.5
6.5
129.0
30.8
-44.9
-4.0

52.3
38.0
3.3
1.0
0.8
11.8
123.3
-119.6
27.0
4.2

0.0
0.0
0.5
0.2
-0.1
12.3
133.5
-80.0
33.5
4.4

0.0
0.0
0.0
0.0
-0.2
8.2
151.0
-100.0
25.4
4.2

0.0
0.0
0.7
0.4
0.1
7.2
165.9
0.0
6.4
4.3

Zahidjee Textile Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

160

2004

2005

2006

2007

2008

2009

110.1
143.0
253.1
0.0
0.0
92.0
92.0
345.1

110.1
170.5
280.6
0.0
0.0
82.1
82.1
362.7

110.1
234.3
344.4
0.0
0.0
49.3
49.3
393.7

110.1
851.1
961.2
0.0
0.0
138.1
138.1
1099.3

340.5
478.2
818.7
0.0
0.0
320.8
320.8
1139.5

340.5
257.9
598.4
0.0
0.0
175.0
175.0
773.4

7.5
7.5
0.0
53.1
30.7
91.3
90.0
182.0
1.3
166.0
-82.5

123.2
10.4
112.8
62.7
62.7
248.6
227.7
309.8
20.9
217.1
-104.5

180.3
11.0
169.3
65.8
59.8
305.9
245.1
294.4
60.8
217.3
-64.8

221.5
141.5
80.0
419.1
578.3
1218.9
1422.5
1560.6
-203.6
1448.5
-1201.0

150.8
9.2
141.6
890.6
695.6
1737.0
1866.4
2187.2
-129.4
1723.7
-1715.6

270.1
7.5
262.6
555.0
718.2
1543.3
1946.6
2121.6
-403.3
1698.9
-1676.5

513.3
343.8
35.5
435.1

538.6
341.9
27.4
590.5

561.8
332.8
33.4
638.7

1493.0
1302.8
102.1
2521.7

1635.0
1268.9
104.9
3005.9

1755.5
1176.6
107.3
2719.9

675.7
675.7
0.0
661.1
14.6
670.1
12.9
6.3
6.6
3.0
0.0
0.0

480.6
476.0
4.6
455.5
25.1
463.5
26.4
15.0
11.4
0.4
0.0
0.0

605.4
603.0
2.4
567.6
37.8
582.8
35.1
30.8
4.3
0.1
8.3
0.0

2772.6
1834.2
938.4
2543.1
229.5
2671.1
303.2
154.2
149.0
11.6
0.0
0.0

1960.5
1119.2
841.3
1794.1
166.4
1880.2
150.3
191.3
-41.0
9.8
0.0
0.0

2109.3
1175.9
933.4
1845.8
263.5
1948.8
159.1
275.3
-116.2
10.5
0.0
0.0

23.4
3.6
19.8

17.6
11.0
6.6

31.0
-4.1
35.1

705.6
137.4
568.2

40.2
-50.8
91.0

-366.1
-126.7
-239.4

39.1
58.9

38.4
45.0

29.3
64.4

239.5
807.7

54.1
145.1

-19.4
-258.8

26.7
101.4
67.3
71.9
1.5
15.4
66.4
229.9
99.2
48.8
0.9
3.8
45.5
4.3
2.6

22.6
109.2
81.6
110.4
1.9
62.5
85.3
254.9
96.4
56.8
3.1
6.9
3.5
3.5
4.1

12.5
124.8
100.4
85.5
0.7
-13.2
45.5
312.8
96.3
87.7
5.1
14.2
2.3
5.7
1.2

12.6
85.7
45.0
162.4
5.9
19.5
29.7
873.0
96.3
50.9
5.6
10.6
7.8
10.1
15.5

28.2
93.1
55.8
267.2
-1.4
-126.4
37.3
240.4
95.9
127.3
9.8
11.1
-23.9
17.8
-5.0

22.6
79.3
42.4
354.5
-4.3
34.6
7.5
175.7
92.4
173.0
13.1
16.2
-9.0
14.6
-19.4

0.0
1.0
0.6
0.3
11.1
155.3
-220.0
32.2
23.0

0.0
2.4
1.0
1.0
8.0
81.4
66.7
-28.9
25.5

50.6
2.4
0.7
0.4
0.4
9.8
94.8
-60.0
26.0
31.3

0.0
0.0
5.4
13.5
12.5
30.7
109.9
3275.0
358.0
87.3

0.0
0.0
-2.1
-1.2
-1.5
8.1
65.2
-108.9
-29.3
24.0

0.0
0.0
-5.5
-3.4
-3.7
8.5
77.6
183.3
7.6
17.6

Zahur Cotton Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

161

2004

2005

2006

2007

2008

2009

98.6
-157.2
-58.6
0.0
0.0
182.4
182.4
123.8

98.6
-131.1
-32.5
0.0
0.0
34.5
34.5
2.0

98.6
-151.6
-53.0
0.0
0.0
14.3
14.3
-38.7

98.6
-176.8
-78.2
0.0
0.0
9.3
9.3
-68.9

98.6
-176.8
-78.2
0.0
0.0
9.3
9.3
-68.9

98.6
-176.8
-78.2
0.0
0.0
9.3
9.3
-68.9

0.5
0.5
0.0
17.1
3.2
20.8
133.3
315.7
-112.5
182.4
-132.8

0.2
0.2
0.0
16.8
5.0
22.0
151.9
186.4
-129.9
54.3
-151.7

0.1
0.1
0.0
16.8
2.9
19.8
184.2
198.5
-164.4
56.1
-184.1

0.2
0.2
0.0
17.5
0.0
17.7
183.5
192.8
-165.8
36.3
-183.3

0.2
0.2
0.0
17.5
0.0
17.7
183.5
192.8
-165.8
36.3
-183.3

0.2
0.2
0.0
17.5
0.0
17.7
183.5
192.8
-165.8
36.3
-183.3

289.2
236.2
12.4
257.0

262.4
132.0
4.8
154.0

262.4
125.6
6.5
145.4

239.8
96.9
8.5
114.6

239.8
96.9
8.5
114.6

239.8
96.9
8.5
114.6

50.0
50.0
0.0
64.3
-14.3
69.6
-19.6
9.7
-29.3
0.2
0.0
0.0

34.1
34.1
0.0
39.5
-5.4
142.9
-108.5
2.2
-110.7
0.2
0.0
0.0

35.0
35.0
0.0
49.3
-14.3
61.6
-20.3
5.0
-25.3
0.0
0.0
0.0

9.2
9.2
0.0
23.6
-14.4
25.1
-20.4
4.7
-25.1
0.1
0.0
0.0

9.2
9.2
0.0
23.6
-14.4
25.1
-20.4
4.7
-25.1
0.1
0.0
0.0

9.2
9.2
0.0
23.6
-14.4
25.1
-20.4
4.7
-25.1
0.1
0.0
0.0

-35.4
-29.5
-5.9

-121.8
-110.9
-10.9

-40.7
-25.3
-15.4

-30.2
-25.2
-5.0

0.0
-25.2
25.2

0.0
-25.2
25.2

-17.1
-23.0

-106.1
-117.0

-18.8
-34.2

-16.7
-21.7

-16.7
8.5

-16.7
8.5

147.3
15.6
13.2
-11.4
-59.4
139.2
19.4
5.3
6.0
-

1725.0
14.5
11.2
-71.9
-33.0
419.1
6.5
4.1
9.7
-

0.0
10.7
9.2
0.0
-17.4
62.2
55.0
-53.8
176.0
-24.6
14.3
8.9
0.0
10.6
0.0

0.0
9.6
9.6
0.0
-21.9
83.4
77.0
-79.3
272.8
-23.0
51.1
12.9
-0.4
51.1
0.0

0.0
9.6
9.6
0.0
-21.9
0.0
-196.5
-79.3
272.8
-23.0
51.1
12.9
-0.4
51.1
0.0

0.0
9.6
9.6
0.0
-21.9
0.0
-196.5
-79.3
272.8
-23.0
51.1
12.9
-0.4
51.1
0.0

-58.6
-3.0
-3.0
5.0
19.5
172.7
-20.8
-5.9

-324.6
-11.2
-11.2
2.0
22.1
273.3
-31.8
-3.3

0.0
0.0
-72.3
-2.6
-2.6
4.9
24.1
-76.8
2.6
-5.4

0.0
0.0
-272.8
-2.5
-2.6
6.8
8.0
-3.8
-73.7
-7.9

0.0
0.0
-272.8
-2.5
-2.6
6.8
8.0
0.0
0.0
-7.9

0.0
0.0
-272.8
-2.5
-2.6
6.8
8.0
0.0
0.0
-7.9

Zephyr Textiles Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

162

2005

2006

2007

2008

2009

474.3
23.6
497.9
0.0
0.0
468.8
468.8
966.7

594.3
56.4
650.7
0.0
0.0
755.9
755.9
1406.6

594.3
59.0
653.3
0.0
0.0
721.3
721.3
1374.6

594.3
204.3
798.6
0.0
0.0
683.1
683.1
1481.7

594.3
53.3
647.6
0.0
0.0
694.2
694.2
1341.8

103.4
103.4
0.0
395.7
207.7
706.8
766.8
1235.6
-60.0
1147.6
-663.4

67.4
35.5
31.9
483.6
391.5
942.5
1158.1
1914.0
-215.6
1710.1
-1090.7

59.8
59.8
0.0
660.5
587.9
1308.2
1686.0
2407.3
-377.8
1933.0
-1626.2

16.7
2.5
14.2
581.9
672.8
1271.4
2065.0
2748.1
-793.6
2270.1
-2048.3

34.3
28.9
5.4
555.8
608.4
1198.5
1986.5
2680.7
-788.0
2114.0
-1952.2

362.0
1026.6
27.8
1733.4

1732.0
1622.1
74.1
2564.6

1966.9
1752.4
143.0
3060.6

1977.3
2275.2
368.7
3546.6

2359.7
2129.6
196.3
3328.1

1054.1
498.8
555.3
939.5
114.6
987.9
67.1
36.9
30.2
5.5
0.0
15.0

1564.1
605.5
958.6
1348.2
215.9
1402.1
164.3
108.9
55.4
9.3
0.0
0.0

2712.7
1451.9
1260.8
2435.6
277.1
2519.2
214.1
197.9
16.2
13.6
0.0
0.0

2634.6
1830.0
804.6
2393.3
241.3
2493.8
156.3
346.1
-189.8
13.2
0.0
0.0

2601.7
1669.5
932.2
2327.1
274.6
2441.5
197.6
353.6
-156.0
9.3
0.0
0.0

24.7
-

439.9
46.1
393.8

-32.0
2.6
-34.6

107.1
-203.0
310.1

-139.9
-165.3
25.4

52.5
-

120.2
514.0

145.6
111.0

165.7
475.8

31.0
56.4

48.5
92.2
65.1
248.2
1.7
0.0
0.0
105.0
93.7
55.0
3.5
3.2
18.2
15.8
6.1

53.7
81.4
47.6
294.1
2.2
10.5
23.4
109.5
89.6
66.3
7.0
6.4
16.8
13.8
8.5

52.5
77.6
42.7
368.5
0.5
-8.1
131.2
109.9
92.9
92.4
7.3
10.2
84.0
13.9
2.5

46.1
61.6
29.0
344.1
-5.4
-189.5
34.8
134.4
94.7
221.4
13.1
15.2
-7.0
11.9
-23.8

51.7
60.3
29.7
413.9
-4.7
118.2
55.0
109.0
93.8
178.9
13.6
16.7
-6.0
10.9
-24.1

0.0
2.9
0.6
0.5
7.3
60.8
-40.0
10.5

0.0
0.0
3.5
0.9
0.8
7.2
61.0
50.0
48.4
10.9

0.0
0.0
0.6
0.3
0.0
8.8
88.6
-66.7
73.4
11.0

0.0
0.0
-7.2
-3.2
-3.4
21.0
74.3
-1166.7
-2.9
13.4

0.0
0.0
-6.0
-2.6
-2.8
8.6
78.2
-18.8
-1.2
10.9

(Colony) Sarhad Textile Mills Ltd.

125-Murree Road, Rawalpindi.

Management

Banker

Auditor

Mr. Sohail Farooq Shaikh(Chairman/Chief Exec. MCB Bank Ltd.

Mr. Farrukh Haroon Rashid(Director)

M/s. Naveed Zafar Hussain Jaffery & Co.

United Bank Ltd.

Miss. Nazifa Khaliq(Director)

Mrs. Nadia Shaikh(Director)
Mr. Shahid Aziz (NIT)(Director)
Miss. Surriya Shaikh(Director)
Mrs. Neelum Suhail Shaikh(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.87

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.87

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.97

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

3,500,000

(Colony) Thal Textile Mills Ltd.

7/1, Mian Shami Road, Lahore Cantt.

Management

Banker

Mrs. Ayesha Tanveer(Chairperson)

MCB Bank Ltd.

Mr. Tanveer A.Shaikh(Chief Executive)

Habib Bank Ltd.

Auditor
M/s. Sarwars & Co.

Mr. Muhammad Taimur Tanveer(Director)

Mr. Ahmed Shaikh(Director)
Miss. Beenish Elahi(Director)
Mr. Sardar Muhammad Nawaz(Director)
Mr. Hadayat Ali Shar(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.34

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.16

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

3,042,818

1,899,857

163

Accord Textiles Ltd.

47-A Main Gulberg, Lahore

Management

Banker

Mr. Haider Ali(Chairman / C.E.O.)

Habib Bank Ltd.

Mr. Hammmad Raza Khan(Director)

National Bank Of Pakistan

Mrs. Farnaz Haider(Director)

NIB Bank Ltd.

Mr. Imran Iftikhar(Director)

Standard Chartered Bank Ltd.

Auditor
M/s. M. Hussain Chaudhury & Co.

Mr. Asghar Ali(Director)

Mr. Raheem Azeem(Director)
Mrs. Azra Ahmed(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.18

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.45

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

10.00

Capacity

Actual Production

2,794,902

Kgs

Adil Textile Mills Ltd.

Adil House No. 53-K, Gulberg-III, Lahore.

Management

Banker

Mr. Adil Mahmood((Chief Executive))

MCB Bank Ltd

Mr. Zulfiqar Ali(Director)

National Bank Of Pakistan

Auditor
M/s. Mushtaq & Co.

Ms. Nusrat Shaheen(Director)

Mr. Aqeel Ahmad(Director)
Mr. Rizwan Hameed(Director)
Mr. Shahid Qureshi(Director)
Mr. Saqib Maqsood(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.00

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units
Kgs.

164

Capacity

Actual Production

5900609

Ahmed Hassan Textile Mills Ltd.

46-Hassan Parwana Colony, Multan.

Management

Banker

Mian Mohammad Javed Anwar(Chairman)

United Bank Limited

Mian Mohammad Parvez(Chief Executive)

Faysal Bank Ltd.

Mr. Muhammad Aurangzeb(Director)

Bank Al-Habib Ltd.

Mrs. Salma Javed(Director)

Habib Bank Ltd.

Mrs. Waheeda Parvez(Director)

Allied Bank Ltd.

Mr. Mohammad Haris(Director)

Meezan Bank Ltd.

Auditor
M/s. M. Yousuf Adil Saleem & Co.

Mr. Syed Raza Abbas Jafferi (NIT)(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

28.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

43.05

Ordinary Shares (%)

Lowest Price in

2009

Rs.

25.82

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

34.44

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn

Kgs.

12,988,309

11,818,351

Fabric

Th. Sq. Meters

41,539

33,644

Al-Azhar Textile Mills Ltd.

Chak No. 7-B.C, 10-K.M., Hasilpur Road, Bahawalpur.

Management

Banker

Mirza Muhammad Nasir Baig(Chairman/C.E.)

National Bank Of Pakistan

Mirza Muhammad Umar Baig(Director)

Allied Bank Of Pakistan Ltd.

Mrza Muhammad Jahanzeb Baig(Director)

Bank Al-Habib Ltd.

Mrs. Fahmida Begum(Director)

Habib Metropolitan Bank Ltd.

Auditor
M/s. Akhtar Mehmood Mian (C.A.)

Mrs. Saung Hee Shin(Director)

Mirza Muhammad Asber Baig(Director)
Mrs. Rafiqan Begum(Director)
Date of Annual General Meeting

31st March

Year Ending :

30th June

Face Value

Rs.

10.00

Market Price as on 30/06/2009

Rs.

2.55

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.00

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2010
, 2009

Units

Capacity

Actual Production

kgs

6,539,778

5,523,642

165

Al-Qadir Textile Mills Ltd.

Raja House, Near Makki Masjid, Chakwal.

Management

Banker

Mr. Ghulam Ali Raja(Chairman/C.E.)

Auditor

Bank Alfalah Ltd.

M/s Nasir Javaid Maqsood Imran (C.A.)

Mr. Asif Ali Raja(Director)

Mst. Asbah Rubina(Director)
Mr. Faisal Bashir Raja(Director)
Mst. Tasneem Akhtar(Director)
Mst. Yasmeen Begum(Director)
Mr. Muhammad Bashir Raja(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.53

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs.

11,235,420

8,629,207

Ali Asghar Textile Mills Ltd.

306-308, Uni Tower, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Nadeem Ellahi Shaikh(Chief Executive)

Habib Bank Ltd.

Mr. Muhammad Azad Khan(Director)

Habib Metropolitan Bank Limited

Mr. Sultan Mehmood(Director)

Natioanl Bank of Paksitan

Auditor
M/s. Mushtaq & Co.

Mst. Marium Humayun(Director)

Mr. Raja Ghanzafar Ali(Director)
Mr. Naveed Ellahi Shaikh(Director)
Mr. Salman Masood(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.79

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.39

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.70

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs.

8,116,941

10,262,473

166

Allawasaya Textile & Finishing Mills Ltd.

Mumtazabad Industrial Area, Allawasaya Square, Vehari Road, Multan.

Management

Banker

Mian Mohammad Jamil(Chairman)

Habib Metorpolitan Bank Ltd.

Mian Tanvir Ahmad Sheikh(Chief Executive)

Allied Bank Limited

Mrs. Nusrat Jamil(Director)

Bank Al-Habib Ltd.

Mian Mohammad Bilal Ahmad Sheikh(Director)

Habib Bank Ltd.

Mian Tauqir Ahmad Sheikh(Director)

United Bank Ltd.

Auditor
M/s. M. Yousuf Adil Saleem & Co.

Mian Mohammad Alamgir Jamil Khan(Director)

Mian Anis Ahmad Sheikh(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

95.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

95.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

95.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

95.00

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs.

13,543,818

11,030,315

Amin Spinning Mills Ltd.

24/D-1, Industrial Estate Mirpur, Azad Kashmir.

Management

Banker

Chaudhry Muhammad Saeed(Chief Executive)

National Bank Of Pakistan

Chaudhry Muhammad Shaukat(Director)

Habib Bank Ltd.

Chaudhry Abid Hussain(Director)

Faysal Bank Ltd.

Auditor
M/s. M. Hussain Chaudhury & Co.

Chaudhry Azhar Sadiq(Director)

Haji Mohammad Salim(Director)
Chaudhry Irfan Younas(Director)
Chaudhry Muhammad Euseff(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.44

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.72

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units
Kgs.

167

Capacity

Actual Production

4,264,927

Annoor Textile Mills Ltd.

901, 9th Floor, Business Plaza, Mumtaz Hassan Road, Karachi.

Management
Mr. Mohammad Ibrahim(Chairman)

Banker

Auditor

Habib Metorpolitan Bank Ltd.

M/s. Rehman Sarfraz Rahim Iqbal Rafiq

Mr. Farooq Ibrahim(Chief Executive)

Mr. Abdul Qadir(Director)
Mr. Muhammad Arshad(Director)
Mr. Mohammad Irshad(Director)
Mr. Mohammad Anees(Director)
Mr. Mohammad Arif(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

16.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.77

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.41

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs.

3,414,735

Apollo Textile Mills Ltd.

Suite No. 323, The Forum G-20, Khayaban-e-Jami, Block-9, Clifton, Karachi.

Management

Banker

Auditor

Mr. Ikram Zahur(Chief Executive)

Bank Of Punjab

M/s. A.R.Khan & Co.

Mr. Abdul Rehman Zahur(Director)

Habib Metropolitan Bank Limited

Mr. Inam Gul(Director)

MCB Bank Ltd.

Mr. Riaz Hussain(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Muhammad Liaquat(Director)

Soneri Bank Ltd

Mr. Muhammad Tahir Khan(Director)

National Bank Of Pakistan

Mr. Abdul Rehman(Director)

Silk Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

19.15

Ordinary Shares (%)

Lowest Price in

2009

Rs.

14.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

16.58

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

33,802,050

20,227,125

168

Artistic Denim Mills Ltd.

Plot No. 5-9, 23-26, Sector 16, Korangi Industrial Area, Karachi.

Management

Banker

Auditor

Mr. Muhammed Faisal Ahmed(Chief Executive) Allied Bank Of Pakistan Ltd.

Mrs. Maliha Faisal(Chairperson)

Bank Al Habib Ltd.

Mr. Muhammad Ali Ahmed(Director)

Faysal Bank Ltd

Mr. Muhammad Iqbal-ur-Rahim(Director)

Natioanl Bank of Paksitan

Mr. Muhammed Yousuf Ahmed(Director)

Habib Metorpolitan Bank Ltd.

Mrs. Sarah Ahmed(Director)

Citi Bank Ltd.

M/s. Ford, Rhodes, Sidat Hyder & Co.

Mrs Hajra Ahmed(Director)

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.46

Highest Price in

2009

Rs.

42.15

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.91

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

27.49

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Yarn

Lbs.

32,813,500

20,291,729

Fabric

Meters

21,727,000

13,435,286

Garments

Pcs.

70,000

50,500

Aruj Garment Accessories Ltd.

Aruj House, 2-KM, Off Raiwind-Manga Road, Raiwind, Lahore.

Management

Banker

Mr. Maqsood Ahmed Butt(Chief Executive)

Habib Bank Ltd.

Dr. Mrs. Naseem Maqsood(Director)

Bank Al-Habib Ltd.

Mrs. Durrya Zara Butt(Director)

Bank Alfalah Ltd.

Mrs. Naheed Muneer(Director)

Faysal Bank Ltd.

Auditor
M/s. Qadeer & Co.

Ms. Aruj Butt(Director)

Mr. Ali Maqsood Butt(Director)
Mr. Sheikh Ghulam Mustafa(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.00

Highest Price in

2009

Rs.

21.85

Lowest Price in

2009

Rs.

5.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.08

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

13

Units

Capacity

Actual Production

Woven

Meters

14,040,000

9,554,926

Nonwoven

Meters

169

Ashfaq Textile Mills Ltd.

8-A/1, Officers Colony, Susan Road, Faisalabad.

Management

Banker

Mr. Ashfaq Ahmed(Chairman/Chief Exec.)

Habib Bank Ltd.

Mr. Waseem Ashfaq(Director)

United Bank Ltd.

Auditor
M/s. Avais Hyder Liaqat Nauman

Khawaja Muhammad Ilyas(Director)

Mirza Muhammad Idrees(Director)
Mrs. Shazia Amjad(Director)
Mr. Nadeem Ashfaq(Director)
Mr. Amjad Aslam(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.11

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn

Kgs

1,740,000

1,634,502

Fabric

Sq. meters

26,000,000

20,079,992

Asim Textile Mills Ltd.

16 - C, Peoples Colony, Faisalabad.

Management

Banker

Auditor

Mr. Zahid Anwar(Chief Executive)

National Bank Of Pakistan

M/s. Arshad Raheem & Co.

Mrs. Rukhsana Begum(Director)

KASB Bank Ltd.

Mr. Aftab Younis(Director)

United Bank Ltd.

Mr. Ali Raza Zafar(Director)

Al-Baraka Islamic Investment Bank (Bsc) (E.C.)

Mr. Waseem Abbas(Director)

Silk Bank Ltd.

Mr. Umer Farooq(Director)

Ch. Ghulam Murtaza Buttar(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.50

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

9,218,467

8,677,141

170

Ayesha Textile Mills Ltd.

97-B Gulberg-II, Lahore.

Management

Banker

Mr. Mohammed Rafi(Chairman/ C.E.)

National Bank Of Pakistan

Mr. Tariq Rafi(Director)

Habib Bank Ltd.

Mr. Nisar Anwar(Director)

Allied Bank Of Pakistan Ltd.

Mr. A.G.K.Lodhi(Director)

Bank Al-Habib Ltd.

Mr. Abdullah Rafi(Director)

Habib Metropolitan Bank Ltd.

Mr. Anjum Rafi(Director)

United Bank Ltd.

Mr. Arif Rafi(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Mushtaq & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

100.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

23,530,747

19,528,486

Azam Textile Mills Ltd.

17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore.

Management

Banker

Mr. M. Naseem Saigol(Chairman/Chief Exec.)

Standard Chartered Bank Ltd.

Mr. Muhammad Omer Farooq(Director)

Meezan Bank Ltd.

Mr. M. Azam Saigol(Director)

The Bank of Punjab

Mr. Rashid Ahmed Javaid(Director)

United Bank Ltd.

Mr. Jamal Nasim (NIT)(Director)

National Bank Of Pakistan

Mr. Muhammad Athar Rafiq(Director)

MCB Bank Ltd

Mr. Saeed Mian Ansari(Director)

Faysal Bank Ltd.

Auditor
M/s. S.P.Amjad & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.95

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.15

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.60

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

1,499,113

1,264,700

171

Azgard Nine Ltd.(Legler-Nafees Denim Mills Ltd.)

Ismail Aiwan-i-Science, Off. Shahrah-e-Roomi, Lahore.

Management

Banker

Mr. Mueen Afzal(Chairman)

Citibank Ltd.

Mr. Ahmed H. Sheikh(Chief Executive)

The Royal Bank of Scotland Ltd.

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Chief Justice (R) Mian Mahboob Ahmad(Director Faysal Bank Ltd.

Mr. Ahsun M. H. Sheikh(Director)

JS Bank Ltd.

Mr. Irfan Nazir Ahmad(Director)

M.C.B.

Mr. Khalid A. H. Al-Sagar(Director)

Natioanl Bank of Paksitan

Mr. A. Jaudet Bilal(Director)

Habib Bank Ltd.

Date of Annual General Meeting

30th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

8.95

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

20.79

Highest Price in

2009

Rs.

39.70

Lowest Price in

2009

Rs.

10.35

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

23.39

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Spinning

Kgs

12,814,834

10,754,318

weaving

Meters

40,028,613

26,246,413

Garments

Pieces

10,797,583

8,457,943

Babri Cotton Mills Ltd.

Habibabad, Kohat, Kyber Pukhtoonkhua

Management

Banker

Auditor

Mr. Raza Kuli Khan Khattak(Chairman/Chief Exe National Bank Of Pakistan

Mr. Shamim S. Khan(Director)

United Bank Ltd.

Dr. Shaheen Kuli Khan Khattak(Director)

Habib Bank Ltd.

Mrs. Zeb Gohar Ayub(Director)

Faysal Bank Ltd.

M/s Hameed Chaudhri & Co.

Lt.Gen. (Retd.) Ali Kuli Khan Khattak(Director)

Ch. Sher Muhammad(Director)
Mrs. Shahnaz Sajjad Ahmad(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.60

Percentage Dividend rate :

Highest Price in

2009

Rs.

23.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.38

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units
Kgs

172

Capacity

Actual Production

371,453

3,373,705

Baig Spinning Mills Ltd.

F-225, Textile Avenue, Street No. 5, S.I.T.E., Karachi.

Management

Banker

Dr. Mirza Ikhtiar Baig(Chairman / C.E.O.)

Bank Al-Habib Ltd.

Mirza Mukhtar Baig(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mrs. Noureen Baig(Director)

Mr. Mohammad Ali Aziz(Director)
Mrs. Parveen Zafar(Director)
Mrs. Nasreen Tahir(Director)
Mr. M. Ishtiaq Baig(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.39

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.41

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.63

Preference Shares(%)

Investment Yield%

, 2009

Units

Capacity

Actual Production

Ring Yarn

Kgs

4,700,000

300,000

Aotocoro Yarn

Kgs

1,225,000

98,000

Production Desc

Bhanero Textile Mills Ltd.

Umer House, 23/1, Sector 23, S.M.Farooq Road, Korangi Industrial Area, Karachi.

Management

Banker

Auditor

Mr. Mohammad Salim(Chief Executive)

Citi Bank N. A.

M/s. Mushtaq & Co.

Mr. Khurram Salim(Director)

Habib Bank Ltd.

Mr. Mohammad Shaheen(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mr. Faisal Shakeel(Director)

HSBC Bank Middle East Ltd.

Mr. Mohammad Sharif(Director)

United Bank Ltd.

Mr. Muhammad Amin(Director)

Dubai Islamic Bank Ltd.

Mr. Bilal Sharif(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

67.66

Highest Price in

2009

Rs.

187.40

Lowest Price in

2009

Rs.

67.66

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

119.81

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

20

Units

Capacity

Actual Production

Yarn

Kgs

23,200,746

26,226,279

Fabric

Sq.Meter

26,166,485

24,985,060

Production Desc

173

Bilal Fibres Ltd.

B-403, 4th Floor, City Tower, Main Boulevard, Gulberg-II, Lahore.

Management

Banker

Mian Habib Ullah(Chairman)

Bank Of Punjab

Mr. Naeem Omer(Chief Executive)

Meezan Bank Ltd.

Mian Muhammad Saleem Umer(Director)

Silk Bank Ltd.

Mr. Muhammad Ashgar(Director)

NIB Bank Ltd.

Auditor
M/s. Mushtaq & Company

Mr. Hafeez Ullah(Director)

Mr. Muhammad Zubair(Director)
Mr. Amjad Ali(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.94

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

12,610,305

11,974,308

Blessed Textiles Ltd.

Umer Chembers 23/1, Sector 23, S.M.Farooq Road, Korangi Industrial Area, Karachi.

Management

Banker

Mr. Mohammad Shaheen(Chief Executive)

HSBC Bank Middle East Ltd.

Mr. Khurram Salim(Director)

Dubai Islamic Bank Ltd.

Mr. Faisal Shakeel(Director)

MCB Bank Ltd.

Mr. Mohammad Sharif(Director)

Bank Al-Habib Ltd.

Mr. Mohammd Salim(Director)

Meezan Bank Ltd.

Mr. Muhammad Amin(Director)

United Bank Ltd.

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Mr. Bilal Sharif(Director)

Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

39.75

Highest Price in

2009

Rs.

79.90

Lowest Price in

2009

Rs.

32.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

41.34

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

7.5

Units

Capacity

Actual Production

yarn

Kgs

20,413,000

18,689,000

fabric

Meters

17,483,076

23,892,163

174

Brothers Textile Mills Ltd.

135, Upper Mall, Lahore.

Management

Banker

Auditor

Mian Muhammad Aslam Bashir(Chief Exec. Offic National Bank of Pakistan

Mrs. Farah Aslam(Director)

MCB Bank Ltd.

Mrs. Memoona Idrees(Director)

NIB Bank Ltd.

M/s. Kaleem & Co.

Mian Muhammad Furqan Idrees(Director)

Mian Muhammad Omer Idrees(Director)
Mrs. Mehr Omer(Director)
Syed Haroon Rashid (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.41

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.96

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.65

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

yarn

10.00

Capacity

Actual Production

5290708

Kgs

Chakwal Spinning Mills Ltd.

Kashana-e-Yousaf, Khawaja Street, Chakwal.

Management

Banker

Auditor

Khawaja Mohammad Jahangir(Chief Executive) Silk Bank Ltd.

M/s. Hameed Khan & Co.

Khawaja Mohammad Tanveer(Director)

National Bank Of Pakistan

Khawaja Mohammad Javed(Director)

Askari Commercial Bank Limited

Khawaja Mohammad Kaleem(Director)

Standard Chartered Bank Ltd.

Khawaja Mohammad Nadeem(Director)

Habib Metropolitan Bank Ltd.

Khawaja Mohammad Naveed(Director)

KASB Bank Ltd.

Mr. Mohammad Aman(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.20

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

10,610,970

8,271,004

175

Chenab Ltd.
Nishatabad, Faisalabad.

Management

Banker

Mian Muhammad Latif(Chief Executive)

National Bank Of Pakistan

Mian Muhammad Javaid Iqbal(Director)

Habib Bank Limited

Mr. Muhammad Naeem(Director)

Allied Bank Ltd.

Mr. Muhammad Faisal Latif(Director)

Atlas Bank Ltd.

Mr. Muhammad Farhan Latif(Director)

Askari Bank Ltd.

Mr. Muhammad Rizwan Latif(Director)

Al-Baraka Islamic Bank B.S.C.(E.C.)

Mr. Muhammad Zeeshan Latif(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Avais Hyder Liaquat Nauman

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.79

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.41

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Fabrics

Mtrs

9,000,000

6,342,515

Made ups

Mtrs

59,000,000

41,005,004

Garments

Mtrs

3,500,000

2,515,450

Colony Mills Ltd. (Colony Textile Mills Ltd.)

M. Ismail Aiwan-i-Science, Shahrah-e-Jalaluddin Roomi, Ferozepur Road, Lahore.

Management

Banker

Mr. Fareed M. Sheikh(Chairman/C.E.)

Silk Bank Ltd.

Mr. Muhammad Farooq(Director)

Soneri Bank Ltd.

Syed Arif Hussain(Director)

Faysal Bank Ltd.

Mr. Muhammad Azam Barki(Director)

National Bank Of Pakistan

Mr. M. Akram Qureshi(Director)

Faysal Bank Ltd.

Malik Sohail Ahmad(Director)

The Bank Of Punjab

Mr. Bilal Ahmed Khan Niazi(Director)

Habib Bank Ltd.

Auditor
M/s. Naveed Zafar Hussain Jaffery & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.39

Percentage Dividend rate :

Highest Price in

2009

Rs.

19.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

11.58

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

56,192,069

54,970,223

176

Crescent Fibers Ltd. (Crescent Boards Ltd.)

104, Shadman 1, Lahore-54000

Management

Banker

Mr. Khawar Maqbool(Chairman)

Natioanl Bank of Paksitan

Mr. Imran Maqbool(Chief Executive)

MCB Bank Ltd.

Mr. Humayoon Maqbool(Director)

Habib Bank Ltd.

Auditor
M/s. Ebrahim & Co.

Mr. Nadeem Maqbool(Director)

Mr. Riaz Masood(Director)
Mr. Shahid Riaz(Director)
Mr. Iqbal Ismail(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.15

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.40

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

kgs.

16,424,980

11,967,317

D.M. Textile Mills Ltd.

Westridge, Rawalpindi.

Management

Banker

Mr. Habib Ullah(Chairman & C.E.)

NIB Bank Ltd.

Mr. Hussain Ahmed Qureshi(Director)

Silk Bank Ltd.

Rao Khalid Pervez(Director)

The Royal Bank of Scotland Ltd.

Mian Muhammad Saleem Omer(Director)

National Bank of Pakistan

Auditor
M/s. Riaz Ahmed & Co.

Mian Naeem Omer(Director)

Syed Obaid ul Haq(Director)
Mr. Shahid Anwar (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

13.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.18

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

9.07

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

10,958,899

9,371,039

177

D.S. Industries Limited

20-K, Gulberg-II, Lahore.

Management

Banker

Auditor

Mr. Pervez Ahmed(Chief Executive)

M/s. Harwath Hussain Chaudhury & Co,

Mr. Ali Pervez Ahmed(Director)

MCB Bank Ltd.

Mr. Hassan Ibrahim Ahmed(Director)

Dawood Islamic Bank Ltd.

Mr. Suleman Ahmed(Director)

Habib Bank Ltd.

Mr. Atta ur Rehman(Director)

Askari Bank Ltd.

Mr. Muhammad Yousuf(Director)

KASB Bank Ltd.

Mr. Muntazir Mehdi(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.09

Percentage Dividend rate :

Highest Price in

2009

Rs.

50.21

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.23

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

Capacity

10.00

Actual Production

Kgs

10,877,437

Dar Es Salaam Textile Mills Ltd.

63-B-1, Gulberg-III, Lahore.

Management

Banker

Auditor

Mrs. Nilofar Mukhtar(Chairperson)

Bank Al-Falah Ltd.

M/s. Hassan Naeem & Co.

Mr. Faisal Mukhtar(Chief Executive)

Standard Chartered Bank ( Pakistan) Ltd.

Ms. Abida Mukhtar(Director)

United Bank Ltd.

Sh. Parvez Ashraf(Director)

KASB Bank Ltd.

Mr. Zulfiqar Ahmad Malik(Director)

The Bank of Punjab

Mrs. Mahwesh Faisal Mukhtar(Director)

Faysal Bank Ltd.

Mr. Firasat Ali (N.I.T)(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.18

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units
Million Kgs

178

Capacity

Actual Production

7,824

6,966

Data Textiles Ltd.

3-A, Race View Jail Road, Lahore.

Management

Banker

Auditor

Mr. Raheel Akhtar(Chief Executive)

Albaraka Islamic Investment Bank B.Sc (E.C)

Mr. Umer Sadik(Director)

National Bank Of Pakistan

Mr. Shahid Saleem(Director)

NIB Bank Ltd.

Mr. Muhammad Ayub Khan(Director)

Royal Bank of Scotland

M/S Rafaqat Mansha Mohsin Dossani Masoom &

Mr. Nadeem Zar(Director)

Mr. Asif Rahim Khan(Director)
Mr. Shamim Ahmed Khan(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.16

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.60

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

yarn

Capacity

10.00

Actual Production

Kgs

Dawood Lawrencepur Ltd. (Dawod Coton Mills)

35-A, Shahrah-e-Abdul Hameed Bin Badees (Empress Road), Lahore.

Management

Banker

Mr. Shahzada Dawood(Chairman)

MCB Bank Ltd.

Mr. Inam-ur-Rehman(Chief Executive)

Habib Metropolitan Bank Ltd.

Mr. A. Samad Dawood(Director)

Habib Bank Ltd.

Mr. Haroon Mahenti(Director)

Mezan Bank Ltd.

Mr. Isar Ahmad(Director)

Bank Al-Habib Ltd.

Auditor
M/s. Moochhala Gangat & Co.

Mr. Shahid H. Paracha(Director)

Mr. S. M. Asghar(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

34.68

Percentage Dividend rate :

Highest Price in

2009

Rs.

149.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

23.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

59.83

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

yarn

Kgs

25,519,000

229,000

Cloth

Sq. meters

5,060,000

796,000

Polyester Yarn

Kgs.

1,400,000

179

Dewan Farooque Spinning Mills Ltd.

Finance & Trade Centre, Block-A, 7th Floor, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chairman) MCB Bank Ltd.

M/s. Feroze Sharif Tariq & Co.

Dewan Abdul Baqi Farooqui(Chief Executive)

United Bank Ltd.

Dewan Asim Mushtaq Farooqui(Director)

Standard Chartered Bank (Pakistan) Ltd.

Dewan Abdullah Ahmed Farooqui(Director)

Silk Bank Ltd.

Dewan Abdul rehman Farooqui(Director)

Mybank Ltd.

Mr. Haroon Iqbal(Director)

Mr. Abrar Manzoor(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.20

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.17

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.18

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.30

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Lbs.

10,220,000

19,418,000

Dewan Khalid Textile Mills Ltd.

Finance & Trade Centre, Block-A, 8th Floor, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chairman) Habib Bank Ltd.

M/s. Feroze Sharif Tariq & Co.

Dewan Abdul Baqi Farooqui(Chief Executive)

MCB Bank Ltd.

Dewan Asim Mushfiq Farooqui(Director)

Bank Alfalah Ltd.

Dewan Abdul Rehman Farooqui(Director)

Askari Commercial Bank Ltd.

Dewan Abdullah Ahmed Farooqui(Director)

Silk Bank Ltd.

Mr. Haroon Iqbal(Director)

Mr. Abrar Manzoor(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

9.25

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

7,600,000

6,825,663

180

Dewan Mushtaq Textile Mills Ltd.

Finance & Trade Centre, Block-A, 8th Fllor, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chairman) MCB Bank Ltd.

M/s. Feroze Sharif Tariq & Co.

Dewan Abdullah Ahmed Farooqui(Chief Executiv Habib Bank Ltd.

Dewan Abdul Baqi Farooqui(Managing Director) Silk Bank Ltd.
Dewan Asim Mushfiq Farooqui(Director)
Dewan Abdul Rehman Farooqui(Director)
Mr. Haroon Iqbal(Director)
Mr. Aziz-ul-Haque(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.86

Percentage Dividend rate :

Highest Price in

2009

Rs.

18.86

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.86

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

18.40

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

10,522,629

9,492,977

Dewan Textile Mills Ltd.

Finance & Trade Centre, Block-A, 8th Floor, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammd Yousuf Farooqui(Chairman)

Silk Bank Ltd.

M/s. Faruq Ali & Co.

Dewan Abdul Baqi Farooqui(Chief Executive)

Habib Bank Ltd.

Dewan Abdul Rehman Farooqui(Director)

Standard Chartered Bank (Pakistan) Ltd.

Dewan Asim Mushfiq Farooqui(Director)

United Bank Ltd.

Dewan Muhammad Hamza Farooqui(Director)

NIB Bank Ltd.

Mr. Haroon Iqbal(Director)

Bank Al-Falah

Mr. Aziz-ul-Haque(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.31

Percentage Dividend rate :

Highest Price in

2009

Rs.

22.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

8.31

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.41

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

9,680,000

16,793,330

181

Din Textile Mills Ltd.

Din House, 35-A/1, Lalazar Area, Opp. Beach Luxury Hotel, M.T.Khan Road, Karachi

Management

Banker

Auditor

Shaikh Muhammad Muneer(Chairman/Chief Exe Standard Chartered Bank ( Pakistan) Ltd.

Mr. Shahzad Naseer(Director)

Habib Metorpolitan Bank Ltd.

Mr. Irfan Muneer(Director)

Citibank N.A.

Shaikh Muhammed Pervez(Director)

Allied Bank Ltd.

Shaikh Muhammad Naseer(Director)

Braclays PLC, Pakistan

Shaikh Muhammad Tanveer(Director)

Faysal Bank Ltd.

Mr. Farhad Shaikh Mohammad(Director)

Meezan Bank Ltd.

M/s. Mushtaq & Co.

Date of Annual General Meeting

10th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

12.91

Percentage Dividend rate :

Highest Price in

2009

Rs.

24.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.91

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

18.46

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

20,872,091

19,687,033

Elahi Cotton Mills Ltd.

270-Sector I-9, Industrial Area, Islamabad.

Management

Banker

Auditor

Mr. Mahboob Elahi(Chief Executive)

M/s. BDO Ebrahim & Co.

Mr. S.M.Raunaq-ud-Din(Director)
Mr. Mahfooz Elahi(Director)
Mr. Mahmood Elahi(Director)
Mr. Naveed Akhtar(Director)
Mr. Abdul Rasheed(Director)
Mr. Farrukh Ahmed(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.04

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Lbs

4,679,483

3,128,250

182

Ellcot Spinning Mills Ltd.

Nagina House, 91-B-1, M.M.Alam Road, Gulberg-III, Lahore.

Management

Banker

Auditor

Shaikh Enam Ellahi(Chairman)

M/s. Rahman Sarfaraz Rahim Iqbal Rafiq & Co.

Mr. Syed Mohsin Gilani(Director)

Mr. Shahzada Ellahi Shaikh(Director)
Mr. Shafqat Ellahi Shaikh(Director)
Mr. Shaukat Elahi Sheikh(Director)
Mr. S. M. Yusuf(Director)
Mr. Jamal Nasim (NIT)(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.90

Highest Price in

2009

Rs.

23.85

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

7.5

10.00

Lowest Price in

2009

Rs.

9.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.24

Preference Shares(%)

Investment Yield%

Units

Capacity

Actual Production

yarn

Kgs

13,654,540

11,703,132

Power

MW hours

121,414

65,983

Production Desc

Faisal Spinning Mills Ltd.

Umer House, 23/1, Sector 23, S.M.Farooq Road, Korangi Industrial Area, Karachi.

Management

Banker

Auditor

Mr. Mohammad Sharif(Chief Executive)

Habib Bank Ltd.

M/s. Mushtaq & Co.

Mr. Faisal Shakeel(Director)

Citibank Na

Mr. Adil Shakeel(Director)

United Bank Limited

Mr. Khurram Salim(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mr. Mohammad Salim(Director)

Braclays PLC, Pakistan

Mr. Mohammad Shaheen(Director)

HSBC Bank Middle East Ltd.

Mr. Bilal Sharif(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

30.97

Highest Price in

2009

Rs.

44.85

Lowest Price in

2009

Rs.

30.97

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

37.91

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

7.5

Units

Capacity

Actual Production

yarn

kgs

11,434,172

11,004,531

fabric

Meters

41,107,384

41,891,009

Production Desc

183

Fateh Sports Wear Ltd.

Mirpurkhas Road, Hyderabad.

Management

Banker

Mr.Rauf Alam(Chairman/Chief Exec.)

Allied Bank Of Pakistan Ltd.

Mr. Faraz Alam(Director)

Askari Commercial Bank Ltd.

Mrs. Najma Roshan(Director)

MCB Bank Ltd

Auditor
M/s. Tanwir Arif & Co.

Mr. Muhammad Mohsin(Director)

Mr. Muhammad Naveed(Director)
Mr. Saeed Alam(Director)
Mr. Aftab Alam(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Sports garment

Fateh Textile Mills Ltd.

A/4, Hali Road, S.T.I.T.E., Hyderabad

Management

Banker

Mr. Gohar Ullah(Chairman)

Standard Chartered Bank

Mr. Humayun Barkat(Chief Executive)

MCB Bank Ltd

Mr. Asad Ullah Barkat(Director)

National Bank Of Pakistan

Mr. Maqsood Ahmed Khan(Director)

Deutsche Bank

Mr. Muhammad Saleem(Director)

Askari Commercial Bank Ltd.

Mr. Muhammad Ayub (NIT)(Director)

Habib Bank Ltd.

Mr. Soofi Taj Muhammad(Director)

Allied Bank Of Pakistan Ltd.

Auditor
M/s. Rahim Jan & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

468.35

Highest Price in

2009

Rs.

598.50

Lowest Price in

2009

Rs.

518.94

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

575.00

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
yarn

10

Units

Capacity

Actual Production

Kgs

9,400,000

184

Fatima Enterprises Ltd.

Solvent Plant 487-A, Mumtazabad, Vehari Road, Multan.

Management

Banker

Sheikh Nishat Ahmad(Chief Executive)

MCB Bank Ltd

Mr. Muhammad Idrees(Director)

Allied Bank Of Pakistan Ltd.

Malik Imam Bukhsh(Director)

Soneri Bank Limited

Mr. Muhammad Saeed Khan(Director)

Askari Commercial Bank Limited

Sheikh Zafar Iqbal(Director)

Habib Bank Ltd.

Mr. Muhammad Islam(Director)

The Royal Bank of Scottland Ltd.

Mr. Ashar Fazal(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Ahmad Mushir & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

21.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

18.50

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Spinning

Kgs

20,015,668

14,651,983

Weaving

Meters

38,602,478

37,070,908

Oil

M. Tons

21,568

3,400

Fawad Textile Mills Ltd.

6 - F, Block 'H' Gulberg II, Lahore.

Management

Banker

Auditor

Sheikh Umar Farooq(Chairman/ C.E.)

Soneri Bank Ltd.

M/s. M. Yousuf Adil Saleem & Co.

Mrs. Najma Firdous(Director)

Habib Bank Ltd.

Mr. Aamir Rasool Khan(Director)

Meezan Bank Ltd.

Mr. Khalid Javaid Khan(Director)

The Bank Of Punjab

Mr. Kashif Rasool Khan(Director)

Pakistan Kuwait Investment Co. (Pvt) Ltd.

Mr. Muhammad Imran Khan(Director)

Mr. Saleem Akhter(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

kgs

5,143,739

3,281,685

185

Fazal Cloth Mills Ltd.

1st Floor, 16 Bank Square, Lahore

Management

Banker

Sheikh Naseem Ahmed(Chairman & C.E.)

MCB Bank Ltd.

Mr. Fahd Mukhtar(Director)

Habib Bank Ltd.

Mr. Faisal Ahmed Mukhtar(Director)

Askari Commercial Bank Ltd.

Mr. Amir Naseem Sheikh(Director)

United Bank Ltd.

Mr. Rehman Naseem(Director)

National Bank Of Pakistan

Mr. Firasat Ali (NIT)(Director)

Soneri Bank Ltd.

Mr. Fazal Ahmed Sheikh(Director)

Meezan Bank Ltd.

Auditor
M/s. M. Yousaf Adil Saleem & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

16.26

Percentage Dividend rate :

Highest Price in

2009

Rs.

57.57

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

36.91

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

31,341,113

52,203,710

Fazal Textile Mills Ltd.

LA-2/B, Block-21, Rashid Minhas Road, Federal 'B' Area, Karachi.

Management

Banker

Mr. M. Yunus A. Aziz(Chairman)

Royal Bank of Scotland

Mr. Sohail M.Yunus(Chief Executive)

Citibank N.A.

Mr. Javed M. Yunus(Director)

Habib Bank Ltd.

Mr. Ilyas Ismail(Director)

Bank Al-Falah Ltd.

Mr. Imran M. Yunus(Director)

Bank Al-Habib Ltd.

Miss Maryam Razzak(Director)

Habib Metropolitan Bank Ltd.

Mr. Muhammad Ali A. Razak(Director)

Standard Charterd Bank

Auditor
M/s. Hyder Bhimji & Co.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

355.00

Highest Price in

2009

Rs.

778.14

Lowest Price in

2009

Rs.

335.35

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

425.93

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

Spinning

Lbs

48,990,026

48,739,567

Knitting

Kgs

1,485,000

740,923

186

Gadoon Textile Mills Ltd.

APTMA House, Tehkal Payan, Jamrud Road, Peshawar.

Management

Banker

M. Younus A. Aziz Tabba(Chairman)

Natioanl Bank of Paksitan

Mr. Sohail M. Yunus Tabba(Chief Executive)

Citibank N.A.

Mr. Ilyas Ismail Moten(Director)

Braclays PLC, Pakistan

Mr. M. Javed M. Yunus Taba(Director)

United Bank Ltd.

Miss Marium Razzak(Director)

Bank Al-Habib Ltd.

Mr. Muhammad Ali A. Razzak Tabba(Director)

Habib Metropolitan Bank Ltd.

Mr. Muhammad Rafiq (NIT)(Director)

Bank Alfalah Ltd.

Auditor
M/s.M. Yousuf Adil Salim & Co.

Date of Annual General Meeting

19th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

16.02

Percentage Dividend rate :

Highest Price in

2009

Rs.

57.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

31.77

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

77,773,484

38,006,575

Ghazi Fabrics International Ltd.

8-C, Block E-III, Gulberg-III, Lahore.

Management

Banker

Auditor

Mr. Mohammad Arshad Chaudhry(Chairman/ C.EHabib Bank Ltd.

Mrs. Azra Yasmin(Director)

M/s. Qadeer & Co.

United Bank Ltd.

Mr. Rizwan Arshad(Director)

Mr. Kamran Arshad(Director)
Miss. Fariha Arshad(Director)
Miss. Wajeeha Arshad(Director)
Mr. Muhammad Tariq(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.34

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

yarn

Kgs.

15,951,196

Cloth

Sq. Meters

62,053,270

187

Glamour Textile Mills Ltd.

11 - K. M, Manga - Raiwind Road, Kasur.

Management

Banker

Mr. Azhar Elahi(Chairman/ C.E.)

Standard Chartered Bank Ltd.

Mr. Asad Elahi(Director)

Soneri Bank Ltd

Auditor
M/s. Mushtaq & Co.

Mr. Ather J. Elahi(Director)

Mr. Mansoor Elahi(Director)
Mrs. Noureen Asad(Director)
Mrs. Shafqat Azhar(Director)
Mrs. Mehnaz Ather Elahi(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.75

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

6,785,551

6,633,236

Globe Textile Mills (OE) Ltd.

105, Ibrahim Trade Tower, Shahrah-e-Faisal, Karachi.

Management

Banker

Mr. Arif Haji Habib(Chief Executive)

Askari Commercial Bank Ltd.

Ms. Farzana Arif(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mst. Gul Bano Haji Habib(Director)

Mr. Misbah Arif(Director)
Mr. Saman Arif(Director)
Ms. Humaira Arshad(Director)
Mr. Arshad Arif(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.73

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

1,905,091

1,808,838

188

Globe Textile Mills Ltd.

105, Ibrahim Trae Tower, Shahrah-e-Faisal, Karachi.

Management

Banker

Mr. Arif Haji Habib(Chief Executive)

MCB Bank Ltd.

Ms. Farzana Arif(Director)

Askari Commercial Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Ms. Sameera Yasin Saya(Director)

Miss. Farzeen Fazl-e-Umer(Director)
Mst. Gul Bano Haji Habib(Director)
Miss. Misbah Arif(Director)
Mr. Arshad Arif(Director)
Date of Annual General Meeting

26th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.05

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

Capacity

Actual Production

Kgs

Gul Ahmed Textile Mills Ltd.

Plot No.82, Main National Highway, Landhi, Karachi.

Management

Banker

Auditor

Mr. Bashir Ali Mohammed(Chairman/Chief Exec. Allied Bank Of Pakistan

Hyder Bhimji & Co.

Mr. Siraj Kassam Teli(Director)

United Bank Ltd.

Mr. Muhammad Junaid(Director)

National Bank Of Pakistan

Mr. Ziad Bashir(Director)

NIB Bank Ltd.

Mr. Zain Bashir(Director)

Bank Al-Habib Ltd.

Mr. Abdul Razak Teli(Director)

Meezan Bank Ltd.

Mr. Abdul Aziz Yousuf(Director)

The Royal Bank of Scotland Ltd.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

38.84

Percentage Dividend rate :

Highest Price in

2009

Rs.

51.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

30.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

40.70

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Cloth

Sq. meters

Yarn

Kgs

189

Capacity

Actual Production

118,870,000

85,180,000

48,227,000

37,857,000

Gulistan Spinning Mills Ltd.

2nd Floor, Finlay House, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Abdul Shakoor(Chairman)

National Bank Of Pakistan

Mr. Naseer Ahmed(Chief Executive)

Habib Bank Ltd.

Mr. Tanveer Ahmed(Director)

United Bank Ltd.

Auditor
M/s. Mushtaq & Co.

Mr. Muhammad Younus(Director)

Mr. Sohail Maqsood(Director)
Mr. Muhammad Abdullah(Director)
Mr. Riaz Ahmad(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.25

Highest Price in

2009

Rs.

7.89

Lowest Price in

2009

Rs.

3.23

Average Price in

2009

Rs.

5.56

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

10

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

26

Units

Capacity

Actual Production

Kgs

8,029,854

7,416,142

Gulistan Textile Mills Ltd.

2nd Floor, Finlay House, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Abdul Shakoor(Chairman)

Habib Bank Ltd.

Mr. Naseer Ahmed(Chief Executive)

National Bank Of Pakistan

Mr. Tanveer Ahmed(Director)

United Bank Ltd.

Mr. Sohail Maqsood(Director)

Askari Comm. Bank Ltd.

Mr. Muhammad Tanveer(Director)

MCB Bank Ltd.

Mr. Muhammad Abdullah(Director)

Allied Bank Ltd.

Mr. Riaz Ahmad(Director)

Bank Al-Falah

Auditor
M/s. Mushtaq & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.73

Ordinary Shares (%)

Lowest Price in

2009

Rs.

9.00

Average Price in

2009

Rs.

14.68

Ordinary Shares Bonus (%)

, 2009

10

Preference Shares(%)

Production Desc
yarn

Investment Yield%

Units

Capacity

Actual Production

Kgs

41,050,000

399,345,909

190

Gulshan Spinning Mills Ltd.

2nd Floor, Finlay House, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Abdul Shakoor(Chairman)

United Bank Ltd.

Mr. Tanveer Ahmed(Chief Executive)

National Bank Of Pakistan

Mr. Riaz Ahmed(Director)

Habib Bank Ltd.

Mr. Naseer Ahmed(Director)

Faysal Bank Ltd.

Mr. Mohammad Abdullah(Director)

Bank Alfalah Ltd.

Mr. Sohail Maqsood(Director)

The Bank of Punjab

Mr. Aziz Hussain(Director)

MCB Bank Ltd.

Auditor
M/s. Hameed Chaudhry & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.00

Highest Price in

2009

Rs.

7.89

Lowest Price in

2009

Rs.

3.23

Average Price in

2009

Rs.

5.56

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

10

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

Units

Capacity

Actual Production

Kgs

18,140,662

17,666,666

Hafiz Textile Mills Ltd.

97, Alliance Building, 2nd Floor, Moolji Street, Mereweather Tower, Karachi.

Management

Banker

Mr. Fakhruddin Usmani(Chief Executive)

Habib Bank Ltd.

Mr. Quamruddin Usmani(Director)

Habib Metropolitan Bank Ltd.

Mr. Mohammad Farooq Usmani(Director)

Natioanl Bank of Paksitan

Mr. Mahmood Wali Muhammad(Director)

NIB Bank Ltd.

Auditor
M/s. Moochhala Gangat & Co.

Mr. Muhammad Atiq(Director)

Mr. Ali Muhammad Usmani(Director)
Mr. Muhammad Shahzad Fakir(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.50

Highest Price in

2009

Rs.

20.60

Lowest Price in

2009

Rs.

14.65

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.63

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Yarn

7.5

Units
Kgs.

191

Capacity

Actual Production

119,504

Haji Mohammad Ismail Mills Ltd.

408-Commerce Centre, Hasrat Mohani Road, Karachi.

Management

Banker

Mr. Najeeb Mushtaq Vohra(Chief Executive)

Askari Commercial Bank Ltd.

Mr. Ikram Ahmed(Director)

NIB Bank Ltd.

Mr. Mohammad Irfan(Director)

National Bank Of Pakistan

Auditor
M/s. A. R. Khan & Co.

Mr. Wazir Khan(Director)

Mr. Mohammad Sadiq(Director)
Mr. Essa Khan(Director)
Mr. Muhammad Sarfraz(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.61

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.32

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.84

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

10.00

Capacity

Actual Production

Million Kgs

Hajra Textile Mills Ltd.

45-50 Industrial Area, Gulberg-III, Lahore.

Management

Banker

Mr. Noor Ellahi(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. M. Hussain Ellahi(Director)

The Bank Of Punjab

Mr. Rana Muhammad Saeed(Director)

Silk Bank Ltd.

Auditor
M/s. Munaf Yusuf & Co.

Mr. Ahmed Elahi(Director)

Mr. Salman Yaqub Sheikh(Director)
Mr. Muhammad Shafiq Bhatti(Director)
Mr. Shahid Aziz (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.90

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.80

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.99

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.79

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units
Million Kgs

192

Capacity

Actual Production

8.400

11,625

Hala Enterprises Ltd.

120-E/1, Gulberg III, Lahore

Management

Banker

Mr. Tahir Jahangir(Chairman/CE/MD)

National Bank Of Pakistan

Mr. Jillani Jahangir(Director)

Faysal Bank Ltd.

Miss. Munizae Jahangir(Director)

United Bank Ltd.

Auditor
M/s. Horwath Hussain Chaudhary & Co.

Miss. Sulema Jahangir(Director)

Sh. Ijaz Ahmad(Director)
Mr. Abdul Munaf(Director)
Mr. Andrew McMullen(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.51

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.01

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.01

Preference Shares(%)

Investment Yield%

Production Desc
Cotton yarn

, 2009

Units

Capacity

Actual Production

Kgs.

1,562,400

939,313

Hamid Textile Mills Ltd.

97-N, Model Town Extension, Lahore.

Management

Banker

Auditor

Mr. Khawar Almas Khawaja(Chairman / C.E.O.) Standard Chartered Bank ( Pakistan) Ltd.
Mr. Muhammad Zafar Saeed(Director)

National Bank Of Pakistan

Mrs. Abida Omar(Director)

Bank Al-Falah Ltd.

Mrs. Bushra Khurram(Director)

Meezan Bank Ltd.

Mr. Muhammad Alamgir(Director)

Silk Bank Ltd.

M/s. Sarwar Awan & Co.

Mr. Khurram Sattar Malik(Director)

Mr. Abdul Aziz(Director)
Date of Annual General Meeting

22nd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.65

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.01

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.73

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Weaving

Th. Sq. meters

9,252

4,258

Spinning

Th. Lbs.

8,595

4,186

Note: Failed to hold AGM and

193

Hira Textile Mills Ltd.

44-E/1, Gulberg-III, Lahore.

Management

Banker

Mr. Muhammad Umer Virk(Chairman)

MCB Bank Ltd.

Mr. Nadeem Aslam Butt(Chief Executive)

NIB Limited

Auditor
M/s. M. Yousaf Adil Saleem & Co.

Mr. Umair Umer(Director)

Mrs. Shahnaz Umer(Director)
Mrs. Fatima Nadeem(Director)
Mrs. Sadiya Umair(Director)
Mr. Saeed Ahmed Khan(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.13

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.38

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.26

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.42

Preference Shares(%)

Investment Yield%

Production Desc
Spinning

, 2009

Units

Capacity

Actual Production

Kgs.

14,953,423

13,754,241

Husein Industries Ltd.

Plot No. HT-8, Landhi Industrial & Trading Estate, Landhi, Karachi

Management

Banker

Mr. Aziz L. Jamal(Chairman/Chief Exec.)

Habib Bank Ltd.

Mrs. Aisha Bai Suleman(Director)

Habib Metorpolitan Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mr. Hussein Jamal(Director)

Mr. Ahsan Jamal(Director)
Mr. Rashid L.Jamal(Director)
Mr. Akhtar Wasim Dar(Director)
Miss. Hina Abdul Rashid(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

15.19

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.02

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn

Kgs.

10,444,684

8,213,988

Cloth

Th. Sq. meters

7,154

7,694

194

ICC Textiles Ltd.

242-A, Anand Road, Upper Mall, Lahore.

Management

Banker

Mr. Shafiq A.Siddiqi(Chief Executive)

The Royal Bank of Scotland Ltd.

Mr. Tariq Rehman(Director)

Faysal Bank Ltd.

Mr. Tahir Rehman(Director)

MCB Bank Ltd.

Auditor
M/s. Anjum Asim, Shahid Rehman

Mr. Usman Haq(Director)

Mr. Haris Noorani(Director)
Mr. Suhail Mannan(Director)
Mr. Javaid S.Siddiqi(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.20

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.33

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.12

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

, 2009

Units

Capacity

Actual Production

Sq. meters

4,000,000

3,500,000

Ideal Spinning Mills Ltd.

Room No. 404,405, 4th Floor, Business Centre, Dunally Road, Karachi.

Management
Mr. Nisar Ahmed Sheikh(Chairman)

Banker

Auditor

Allied Bank of Pakistan

M/s. Riaz Ahmad & Co.

Mr. Mohammad Saeed Sheikh(Chief Executive) Albaraka Islamic Investment Bank

Mr. Shahzad Ahmad(Director)

Bank Al-Falah Ltd.

Mr. M. Anwar Sajjad(Director)

Bank Al-Habib Ltd.

Mr. Mohammad Arshad(Director)

Bank of Punjab

Mr. Saad Ashraf (NIT)(Director)

Habib Metropolitan Bank Ltd.

Mr. Amjad Saeed(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.90

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.41

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.68

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Spinning

Kgs

Weaving

Sq. Mt.

Capacity

195

Actual Production

5,826,492

6,296,286

18,712,577

15,908,179

Idrees Textile Mills Ltd.

6-C, Ismail Centre, 1st Floor, Central Commercial Area, Bahadurabad, Karachi.

Management

Banker

Mr. S. M. Idrees Allawala(Chairman)

National Bank Of Pakistan

Mr. Imran Idrees Allawala(Chief Executive)

Soneri Bank Ltd.

Mrs. Saba Kamran(Director)

Bank Alfalah Ltd.,

Mr. Kamran Idrees Allawala(Director)

Habib Bank Ltd.

Mr. Mansoor Idrees Allawala(Director)

Habib Metropolitan Bank Ltd.

Mr. Muhammad Israil(Director)

Emirtes Global Islamic Bank Ltd.

Mr. Naeem Idrees Allawala(Director)

Silk Bank Ltd.

Auditor
M/s. M. Yusuf Adil Saleem & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.99

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.80

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.08

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

14,795,745

11,761,725

Indus Dyeing & Manufacturing Co. Ltd.

Room No. 508, 5th Floor, Beaumont Plaza, Civil Lines Quarters,Karachi.

Management

Banker

Mian Mohammed Ahmed(Chairman)

Soneri Bank Ltd.

Mr. Shahzad Ahmed(Chief Executive)

Faysal Bank Ltd.

Mr. Imran Ahmed(Director)

Meezan Bank Ltd.

Mr. Irfan Ahmed(Director)

Bank Al-Falah Ltd.

Mr. Kashif Riaz(Director)

Habib Bank Ltd.

Auditor
M/s. Yousuf Adil Saleem & Co.

Mr. Shafqat Masood(Director)

Mian Riaz Ahmed(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

48.95

Highest Price in

2009

Rs.

80.19

Lowest Price in

2009

Rs.

35.35

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

46.92

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Spinning Yarn

15

Units

Capacity

Actual Production

Lbs

97,733,267

89,647,782

196

International Knitwear Ltd.

F-2/A ( L ), S.I.T.E. Karachi.

Management

Banker

Mr. Naeem Shafi(Chief Executive)

Habib Bank Ltd.

Mr. Waseem Shafi(Director)

Bank Al-Habib Ltd.

Auditor
M/s. Rao & Co.

Mr. Zahid Ali(Director)

Mr. Qamar Mashkoor(Director)
Mr. Sajid Hussain(Director)
Mr. Muhammad Arshad(Director)
Mr. Iqbal Ahmed Khan(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.70

Highest Price in

2009

Rs.

21.85

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

7.5

Lowest Price in

2009

Rs.

11.70

Ordinary Shares Bonus (%)

7.5

Average Price in

2009

Rs.

16.78

Preference Shares(%)

Investment Yield%

64

Capacity

Actual Production

Export

Pcs.

400,000

400,000

Dyeing

Kgs.

1,800,000

1,800,000

Units

Production Desc

Ishaq Textile Mills Ltd.

Room No. 404, 405, 4th Floor, Business Centre, Dunally Road, Karachi.

Management

Banker

Auditor

Mr. Mohammad Arshad(Chairman)

Faysal Bank Ltd.

M/s. Riaz Ahmad & Co.

Mr. Nisar Ahmad Sheikh(Chief Executive)

Albaraka Islamic Investment Bank B.S.C(E.C)

Mr. Shahzad Ahmad Sheikh(Director)

Allied Bank Ltd.

Mr. M. Anwar Sajjad(Director)

Bank Alflah Limited

Mr. Mohammad Saeed Sheikh(Director)

Bank Al-Habib Limited

Mr. Shoaib Ahmed Khan (NIT)(Director)

Habib Bank Ltd.

Mr. Amjad Saeed(Director)

United Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.73

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.80

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.28

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Units

Yarn

Kgs.

Cloth

Sq. Meters

197

Actual Production

4,858,000

4,630,115

41,570,493

36,089,058

Ishtiaq Textile Mills Ltd.

155 - Napier Road, Karachi.

Management

Banker

Auditor

Dewan Zubair Ahmed Farooqui(Chairman/Chief National Bank Of Pakistan

Dewan Abu Obaida Farooqui(Director)

Habib Metorpolitan Bank Ltd.

Dewan Abu Saeed Farooqui(Director)

MCB Bank Ltd

Dewan M. Emran Farooqui(Director)

Bank Al-Falah Ltd.

M/s. Faruq Ali & Co.

Dewan M. Rehan Farooqui(Director)

Dewan M. Rizwan Farooqui(Director)
Dewan M. Uzair Farooqui(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.30

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

10.30

Preference Shares(%)

Investment Yield%

Production Desc
Cotton yarn

, 2009

Units

Capacity

Actual Production

Kgs.

4,632,000

1,348,827

Island Textile Mills Ltd.

Office No. 8, 8th Floor, Textile Plaza, M. A . Jinnah Road, Karachi.

Management

Banker

Mr. Anwar Ahmed Tata(Chairman)

Soneri Bank Ltd.

Mr. Shahid Anwar Tata(Chief Executive)

MCB Bank Ltd.

Mr. Adeel Shahid Anwar Tata(Director)

Bank Al-Falah Ltd.

Mr. Javed Ahmed(Director)

The Royal Bank of Scotland Ltd.

Auditor
M/s. M. Yousuf Adil Saleem & Co.

Mr. Kausar Ejaz(Director)

Mr. Ajaz Ahmed Tariq(Director)
Mr. Farooq Advani(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

67.95

Percentage Dividend rate :

Highest Price in

2009

Rs.

113.43

Ordinary Shares (%)

Lowest Price in

2009

Rs.

67.95

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

90.69

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

5,372,403

7,617,679

198

J.A. Textile Mills Ltd.

16-C Peoples Colony, Faisalabad.

Management

Banker

Mr. Imran Zahid(Chief Executive)

Silk Bank Ltd.

Miss. Quratul Ain Rehan(Director)

United Bank Ltd.

Mr. Jamil Ahmad Tahir(Director)

Al-Baraka Islamic Bank B.S.C.(E.C.)

Mr. Muhammad Shehzad(Director)

National Bank Of Pakistan

Auditor
M/s. Hyder Bhimji & Co.

Mr. Shafaqat Ali(Director)

Mr. Riaz Ahmed(Director)
Mr. Muhammad Zulqurnain(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

8.20

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.37

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

6,894,209

4,833,030

J.K. Spinning Mills Ltd.

3-1/A Peoples Colony, Faisalabad.

Management

Banker

Auditor

Mr. Jawed Anwar(Chairman/ C.E.)

Al-Baraka Islamic Bank B.S.C.(E.C.)

M/s Zahid Jamil & Co.

Mr. Shaiq Jawed(Director)

Askari Commercial Bank Ltd.

Mrs. Farhat Jehan(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mrs. Nageen Faiq(Director)

NIB Bank Ltd.

Mrs. Samina Abid(Director)

United Bank Limited

Syed Hussain Shahid Mansoor Naqvi(Director)

The Bank Of Punjab

Mr. Faiq Jawed(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.15

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.15

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.57

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

10,031,126

10,118,054

199

Janana De Malucho Textile Mills Ltd.

Habibabad, Kohat, Khyber Pukhtoonkhua

Management

Banker

Mr. Raza Kuli Khan Khattak(Chairman)

Auditor

Bank Al-Falah Ltd.

M/s. Hameed Chaudhri & Co.

Lt. Gen. (Retd.) Ali Kuli Khan Khattak(Chief Exec National Bank Of Pakistan
Mrs. Zeb Gohar Ayub Khan(Director)

Habib Bank Ltd.

Dr. Shaheen Kuli Khan(Director)

United Bank Ltd.

Mrs. Shenaz Sajjad Ahmed(Director)

Mr. Mushtaq Ahmad Khan (FCA)(Director)
Mr. Ahmad Kuli Khan Khattak(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

77.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

37.30

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

11,790,623

22,016,076

Jubilee Spinning & Weaving Mills Ltd.

40-A, Zafar Ali Road, Gulberg-V, Lahore.

Management

Banker

Auditor

Mr. Shams Rafi(Chief Executive)

Habib Metropolitan Bank Ltd.

M/s. Riaz Ahmed & Co.

Mr. Shaukat Shafi(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Umer Shafi(Director)

National Bank Of Pakistan

Mr. Mohammed Arshad(Director)

Habib Bank Ltd.

Mr. Masood A. Shaikh(Director)

Bank Al-Habib Ltd.

Mr. Salman Rafi(Director)

NIB Bank Ltd.

Mr. Ahmed Shafi(Director)

Emirtes Global Islamic Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.99

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.75

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

yarn

Kgs

2,258,179

1,390,622

Power Plant

KW

1,053

654

200

Karim Cotton Mills Ltd.

14/E, 2nd Floor, Writers Chambers, Mumtaz Hassan Road, Karachi.

Management

Banker

Auditor

Mr. Muhammad Idrees Haji Ebrahim(Chief Execu MCB Bank Ltd.

Mr. Abdul Wahid Umer(Director)

M/s. Rao & Company

Habib Bank Ltd.

Mr. Abu Talib Muhammad Yunus(Director)

Mr. Zain ul Abid Muhammad Yunus(Director)
Mr. Muhammad Mudassir Iqbal (NIT)(Director)
Mr. Muhammad Arif Abdullah(Director)
Mr. Abdul Wahab Haji Muhammad(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

11.10

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Due to sale of compamy, No Production

Khalid Siraj Textile Mills Ltd.

467-M Block, Model Town, Extension, Lahore.

Management

Banker

Mian Tayyab Iqbal(Chief Executive)

Bank Alfalah Ltd.

Kh. Iftikhar-ud-Din(Director)

National Bank Of Pakistan

Auditor
M/s. Kaleem & Co.

Mian Tahir Iqbal(Director)

Miss. Rabia Iqbal(Director)
Miss. Tayyaba Iqbal(Director)
Mrs. Rukhsana Arif(Director)
Mr. Muhammad Asif (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.45

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.75

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

4,668,224

2,420,234

201

Khurshid Spinning Mills Ltd.

69-G, Gulberg-III, Lahore.

Management

Banker

Khawaja Khurshid Anwar(Chairman)

Albaraka Islamic Investment Bank

Khawaja Amer Khurshid(Chief Executive)

Citibank N.A.

Khawaja Aized Amer(Director)

The Bank Of Punjab

Khawaja Asem Khurshid(Director)

Standard Chartered Bank

Khawaja Shahid Amin Sethi(Director)

Meezan Bank Ltd.

Miss Jabeen Khurshid(Director)

Habib Metropolitan Bank Ltd.

Mrs. Sharmeen Asem(Director)

Habib Bank Ltd.

Auditor
M/s. Hussain Chaudhry & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.41

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.03

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

10.00

Capacity

Actual Production

2,498

Million Kgs

Khyber Textile Mills Ltd.

Baldher, District Haripur, Khyber Pukhtoonkhua

Management

Banker

Auditor

Chaudhry M. Eusuff(Chairman)

M/s. Hafeezullah & Co.

Mr. Farid M. Jadoon(Chief Executive)

Mr. Abdul Hamid Khan(Director)
Mrs. Sandra Jadoon(Director)
Mr. M. Aurangzeb Khan(Director)
Mr. Omer Farid Jadoon(Director)
Mr. M. Bahauddin(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.95

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

4,418,024

202

Kohat Textile Mills Ltd.

APTMA House, Tehkal Payan Jamrud Road, Peshawar. Kyber Pukhtoonkhua

Management

Banker

Mr. Anwar Saifullah Khan(Chairman)

The Bank of Punjab

Mr. Osman Saifullah Khan(Chief Executive)

United Bank Limited

Mrs. Kulsum Saifullah Khan(Director)

National Bank of Pakistan

Mr. Jehangir Saifullah Khan(Director)

Albaraka Islamic Investment Bank

Mr. Assad Saifullah Khan(Director)

First National Bank Mudaraba

Auditor
M/s. Hameed Chaudhry & Co.

Mr. Asif Saifullah Khan(Director)

Mrs. Hoor Yousafzai(Director)
Date of Annual General Meeting

30th November , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.77

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.53

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.68

Preference Shares(%)

Investment Yield%

Production Desc
yarn spindles

, 2009

10.00

Units

Capacity

Actual Production

Kgs.

14,114,000

14,542,000

Kohinoor Industries Ltd.

17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore.

Management

Banker

Auditor

Mr. M. Naseem Saigol(Chairman)

Allied Bank Of Pakistan Ltd.

M/s. Manzoor Hussain Mir & Co.

Mr. M. Azam Saigol(Chief Executive)

Askari Commercial Bank Ltd.

Mr. Muhammad Athar Rafiq(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mrs. Razia Begum(Director)

United Bank Ltd.

Mr. Muhammad Rafi Khan(Director)

National Bank Of Pakistan

Mr. Muhammad Omer Farooq(Director)

Bank Alfalah Ltd.

Mr. Rashid Ahmed Javaid(Director)

Habib Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.20

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.72

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.33

Preference Shares(%)

Investment Yield%

Production Desc
Yarn, Production Closed

, 2009

Units
Kgs

203

Capacity

Actual Production

Kohinoor Mills Ltd.

8th K.M. Manga Raiwind Road, District Kasur.

Management

Banker

Mr. Aamir Fayyaz Sheikh(Chairman / C.E.O.)

Allied Bank Of Pakistan Ltd.

Mr. Salman Akram Raja(Chief Executive)

MCB Bank Ltd.

Mr. Rashid Ahmed(Director)

Natioanl Bank of Paksitan

Mr. Ali Fayyaz Sheikh(Director)

United Bank Ltd.

Syed Mohsin Raza Naqvi(Director)

Royal Bank of Scotland Ltd.

Mr. Asad Fayyaz Sheikh(Director)

Faysal Bank Ltd.

Mr. Aamir Amin (NIT)(Director)

Habib Bank Ltd.

Auditor
M/s. Riaz Ahmad & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.86

Percentage Dividend rate :

Highest Price in

2009

Rs.

24.85

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.15

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

10.88

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

10.00

Units

Capacity

Actual Production

Cloth

Sq. Meters

48,892,878

45,024,713

Dyeing

Linear meters

30,000,000

29,099,936

Knitting

50 Dozs

8,760,000

4,330,422

Kohinoor Spinning Mills Ltd.

Kashana-e-Yousaf, Khawaja Street, Chakwal

Management

Banker

Khawaja Mohammad Naveed(Chief Executive)

Habib Metropolitan Bank Limted

Khawaja Mohammad Jahangir(Director)

MCB Bank Ltd.

Khawaja Mohammad Nadeem(Director)

National Bank Of Pakistan

Khawaja Mohammad Javed(Director)

Standard Chartered Bank Ltd.

Auditor
M/s. Hameed Khan & Co.

Khawaja Mohammad Tanveer(Director)

Khawaja Mohammad Kaleem(Director)
Mr. Mohammad Hamza Yousaf(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.85

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.85

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.22

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

25,588,535

26,817,226

204

Kohinoor Textile Mills Ltd.

42-Lawrence Road, Lahore.

Management

Banker

Auditor

Mr. Tariq Sayeed Saigol(Chairman)

Albaraka Islamic Investment Bank B.S.C(E.C)

Mr. Taufique Sayeed Saigol(Chief Executive)

Faysal Bank Ltd.

Mr. Kamil Taufique Saigol(Director)

Meezan Bank Ltd.

Mr. Waleed Tariq Saigol(Director)

United Bank Ltd.

Mr. Syed Tariq Saigol(Director)

MCB Bank Ltd

Mr. Zamiruddin Azar(Director)

Allied Bank Of Pakistan Ltd.

Mr. Abdul Hai Mehmood Bhaimia(Director)

Askari Commercial Bank Ltd.

M/s. Riaz Ahmed & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.42

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.28

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Spinning

THousand Kgs.

Weaving

Thousands Sq. Metres

Power Plant

Mega Watts

10.00

Capacity

Actual Production

65,677

61,616

84,875

68,271

262,099

100,003

Landmark Spinning Industries Ltd.

1st Floor, Cotton Exchange Building I. I. Chundrigar Road, Karachi.

Management

Banker

Mr. Akber Ali Hashwani(Chairman/ C.E.)

Metropolitan Bank Ltd.

Mrs. Farieha A. Hashwani(Director)

National Bank Of Pakistan

Mrs. Sultana A. Hashwani(Director)

Habib Bank Ltd.

Auditor
M/s. Feroze Sharif Tariq & Co.

Mr. Nizam A. Hashwani(Director)

Syed Raza Abbas Jafferi(Director)
Mr. Abdullah A Hashwani(Director)
Mr. Amin A. Hashwani(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.35

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.21

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.43

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

6,152,000

205

Mahmood Textile Mills Ltd.

Mehr Manzil, Lohari Gate, Multan.

Management

Banker

Khawaja Muhammad Masood(Chairman)

Habib Bank Ltd.

Khawaja Muhammad Iqbal(Chief Executive)

United Bank Ltd.

Mrs. Mehr Fatima(Director)

MCB Bank Ltd.

Khawaja Muhammad Ilyas(Director)

Allied Bank Ltd.

Auditor
M. Yousuf Adil Saleem & Co.

Khawaja Muhammad Younus(Director)

Mr. Jalal-Uddin Roomi(Director)
Mr. Muhammad Muzafar Iqbal(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

72.00

Highest Price in

2009

Rs.

155.00

, 2009

Percentage Dividend rate :

10.00

Ordinary Shares (%)

40

Lowest Price in

2009

Rs.

61.50

Ordinary Shares Bonus (%)

50.23

Average Price in

2009

Rs.

108.25

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

yarn

Kgs.

31,616,586

31,003,601

Cloth

Sq. Meters

19,092,957

17,856,211

Power

Mega Watts

19

12

Maqbool Textile Mills Ltd.

24/3 Tufail Road, Multan Cantt:

Management

Banker

Mian Tanvir Ahmad Sheikh(Chairman/ C.E.)

Bank Al-Habib Ltd.

Mrs. Romana Tanvir Sheikh(Chief Executive)

Habib Metropolitan Bank Ltd.

Mrs. Rameen Anis Sheikh(Director)

Habib Bank Ltd.

Mian Anis Ahmad Sheikh(Director)

Allied Bank Limited

Auditor
M/s. M. Yousuf Adil Saleem & Co.

Mian Aziz Ahmad Sheikh(Director)

Mian Idrees Ahmad Sheikh(Director)
Mr. Manzoor A. Sheikh (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.69

Percentage Dividend rate :

Highest Price in

2009

Rs.

16.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

11.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

13.65

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

12,347,270

10,626,001

206

Masood Textile Mills Ltd.

Universal House, West Canal Road, Farooqabad, Faisalabad.

Management

Banker

Mr. Shahid Nazir(Chairman / C.E.O.)

Habib Bank Ltd.

Mr. Shahid Iqbal(Director)

United Bank Limited

Mr. Fazal Ahmad(Director)

Habib Metropolitan Bank Limited

Mr. Muhammad Arshad(Director)

MCB Bank Ltd

Mr. Muhammad Asif (NIT)(Director)

The Bank of Punjab

Auditor
M/s. Riaz Ahmad & Co.

Mr. Naseer Ahmad Shah(Director)

Mr. Matloob Hussain(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.75

Highest Price in

2009

Rs.

50.40

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.75

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

23.56

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sinning

Th. Kgs

4,762

4,107

Knitting

Th, Kgs

19,654

10,458

Dyeing/Finishing

Th. Kgs

12,360

9,875

Mehr Dastagir Textile Mills Ltd.

Mehr Dastagir, Shaheed Younis Dastagir Road, Multan.

Management
Khawaja Muhammad Yousuf(Chairman)

Banker

Auditor

National Bank Of Pakistan

M/s.Mahboob Sheikh & Co.

Khawaja Muhammad Abdullah(Chief Executive) MCB Bank Ltd.

Khawaja Muhammad Abdul Rehman Jami(Direc NIB Bank Ltd.
Khawaja Muhammad Ali(Director)
Khawaja Muhammad Usman(Director)
Khawaja Muhammad Hussain(Director)
Khawaja Muhammad Mansoor(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.45

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.45

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.45

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

1,188,794

455,780

207

Mian Textile Industries Ltd.

29-B/7, Model Town, Lahore.

Management

Banker

Auditor

Mian Muhammad Jehangir(Chairman/Chief Exec The Bank Of Punjab

M/s. Naveed Zafar Hussain Jaffery & Co.

Mian Khurram Jehangir(Director)

Industrial Development Bank Of Pakistan

Mian Khurshid Ahmed(Director)

National Bank Of Pakistan

Mian Muhammad Nawaz(Director)

Habib Bank Ltd.

Mian Waheed Ahmed(Director)

NIB Bank Ltd.

Mrs. Nargis Jehangir(Director)

Mr. Muhammad Asif (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.61

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

Spinning

Thousand Kgs

5,845

2,774

Weaving

Thousand Sq. Meters

9,293

4,395

Mohammad Farooq Textile Mills Ltd.

Plot No. 6 & 7, Sector-21, Korangi Industrial Area, Karachi.

Management

Banker

Ms. Sabiha Sumar(Chairperson)

Auditor

Habib Bank Ltd.

M. Yousuf Adil Saleem & Co.

Mr. Mohammad Farooq Sumar(Chief Executive) MCB Bank Ltd.

Mr. Mohammad Mukhtar Sumar(Director)

National Bank of Pakistan

Ms. Neelofer Sumar(Director)

Standard Chartered Bank Ltd.

Mrs. Naheed Mukhtar Sumar(Director)

Ms. Faiza Imran Ahmad(Director)
Mr. Kaleem Uddeen Ahmed (NIT)(Director)
Date of Annual General Meeting

30th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.98

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.49

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

, 2009

Units

Capacity

Actual Production

Sq. Meters

16,479,374

5,401,226

208

Mubarak Textile Mills Ltd.

20-K.M. Off. Ferozepur Road, Lahore.

Management

Banker

Mr. Rehan Ahmed(Chairman & C.E.)

Habib Metropolitan Bank Ltd.

Mr. Zulfiqar Ali(Director)

Soneri Bank Ltd.

Mr. Abdul Rasheed(Director)

Habib Bank Ltd.

Ch. Naseer Ahmed(Director)

Toyal Bank of Scottland

Auditor
M/s. Ahmad Mushir & Co.

Mr. Nadeem Abbas(Director)

Syed Hameed-ud-Din(Director)
Mr. Imtiaz Husain Qureshi(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.63

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.41

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Knitting

Kgs.

1,200,000

107,004

Dyeing

Kgs.

1,450,000

1,142,495

Stitching

pcs/month

239,000

Mukhtar Textile Mills Ltd.

P-48 Street No 1, Douglas Pura, Faisalabad.

Management

Banker

Auditor

Rana Muhammad Saleem(Chief Executive)

MCB Bank Ltd.

M. Ather & Co.

Mr. Shamim Ahmed Khan(Director)

Allied Bank of Pakistan Ltd.

Mr. Umer Saleem(Director)

Habib Bank Ltd.

Rana Adnan Rashid(Director)

Industrial Development Bank Of Pakistan

Rana Rashid Ahmed Khan(Director)

Miss. Nadia Saleem(Director)
Mrs. Shaista Saleem(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.45

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.38

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.13

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.44

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

4,760,878

209

N.P. Spinning Mills Ltd.

703-Uni Tower, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Inam-ur-Rehman(Chairman)

Soneri Bank Ltd.

Mr. Khalid Inam(Chief Executive)

MCB Bank Ltd.

Mrs. Asma Khalid(Director)

Habib Bank Ltd.

Mr. Nazir Ahmed(Director)

Habib Metropolitan Bank Ltd.

Auditor
M. Yousuf Adil Saleem & Co.

Mrs. Summayya Rehman(Director)

Mr. Fakhar Mohiuddin Faruqi(Director)
Mr. Ziauddin Zubairi(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

11.45

Percentage Dividend rate :

Highest Price in

2009

Rs.

27.65

Ordinary Shares (%)

Lowest Price in

2009

Rs.

9.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

13.27

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs.

16,516,921

13,350,509

Nadeem Textile Mills Ltd.

201-202, Commerce Centre, Hasrat Mohani Road, Karachi.

Management

Banker

Mr. Zahid Mazhar(Chief Executive)

Askari Commercial Bank Ltd.

Mr. Shahid Mazhar(Director)

Bank Alfalah Ltd.

Mr. Ahmed Bin Shahid(Director)

Soneri Bank Ltd.

Mst. Ghazala Shahid(Director)

Citi Bank

Mst. Naila Zahid(Director)

Allied Bank Limited

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafiq

Mst. Rafia Sultana(Director)

Mr. Omer Bin Zahid(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

11,030,960

11,218,535

210

Nagina Cotton Mills Ltd.

2nd Floor Shaikh Sultan Trust Building No.2, 26-Civil Lines Beaumont Road, Karachi

Management

Banker

Auditor

Shaikh Inam Ellahi(Chairman)

M/s. M. Yousuf Adil Saleem & Co.

Mr. Shaukat Ellahi Shaikh(Director)

Khawaja Muhammad Ali(Director)
Mr. Shahzada Ellahi Shaikh(Director)
Mr. Shafqat Ellahi Shaikh(Director)
Mr. Munawar Iqbal(Director)
Mr. S. M. Yusuf(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

9.75

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs.

6,145,059

11,581,664

Nakshbandi Industries Ltd.

H-23/4-A, Landhi, Karachi.

Management

Banker

Auditor

Mr. A. Razak Haji Sattar(Chairman)

Askari Bank Ltd.

M/s. Rahman Sarfaraz, Rahim Iqbal Rafiq

Mr. Muhammad Asif Teli(Chief Executive)

Habib Metropolitan Bank Limited

Mr. Abdul Rahman Yaqub(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Shabbir Ahmed(Director)

Habib Bank Ltd.

Mr. Khaleeq-ur-Rahman(Director)

Bank Al-Habib Ltd.

Mr. Murtaza A. Razak(Director)

Bank Alflah Limited

Mr. Jawed Yunus Tabba(Director)

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.90

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.69

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

6,759,000

6,063,000

211

Nazir Cotton Mills Ltd.

11-A/1, Block-H, Gulberg-II, Lahore.

Management

Banker

Mian Shahzad Aslam(Chief Executive)

MCB Bank Ltd.

Mian Aamir Naseem(Director)

Samba Bank Ltd.

Mian Farrukh Naseem(Director)

Askari Commercial Bank Ltd.

Mr. Nadeem Anjum(Director)

Habib Bank Ltd.

Mr.Khurram Abbas(Director)

Soneri Bank Ltd.

Syed Arif Husain(Director)

National Bank of Pakistan.

Auditor
M/s. SAWARS (Chartered Accountants)

Mr. Maqbool Hussain Bhutta(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.38

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.28

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.11

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.47

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

yarn

10.00

Capacity

Actual Production

874,059

Kgs

Nina Industries Ltd.

A-29/A, S.I.T.E. Manghopir Road, Karachi.

Management

Banker

Mr. Saeed A. Sattar(Chairman)

Habib Metropolitan Bank Ltd.

Mr. Waqar A. Sattar(Chief Executive)

United Bank Ltd.

Mr. Urooj Saeed(Director)

PICIC Commercial Bank Ltd.

Mr. Yasir Waqar(Director)

MCB Bank Ltd.

Mrs. Mehak Yasir(Director)

Askari Commercial Bank Ltd.

Mr. Muzaffar S. Khan(Director)

Bank Al-Habib Ltd.

Mr. Kashif Saeed Sattar(Director)

Saudi Pak Commercial Bank Ltd.

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

8.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.00

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Yarn and cotton spindle

212

Actual Production

Nishat (Chunian) Ltd.

31-Q, Gulberg-II, Lahore.

Management

Banker

Auditor

Mr. Mohammad Saleem(Chairman)

Meezan Bank Ltd.

M/s. Riaz Ahmad & Co.

Mr. Shahzad Saleem(Chief Executive)

Citibank N.A.

Mrs. Farhat Saleem(Director)

The Bank of Punjab

Mr. Mehmood Akhtar(Director)

Faysal Bank Ltd.

Mr. Manzar Mushtaq(Director)

Habib Bank Ltd.

Mr. Manzoor Ahmad (NIT)(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Aftab Ahmed Khan(Director)

Deutsche Bank AG

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.61

Percentage Dividend rate :

Highest Price in

2009

Rs.

23.77

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.08

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

11.37

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

10.00

Units

Capacity

Actual Production

Yarn

Kgs

49,507,139

48,775,505

Fabric

Sq. yards

182,694,493

177,425,527

Power Plant

KWh

317,698,920

179,605,840

Nishat Mills Ltd.

Nishat House, 53-A, Lawrance Road, Lahore.

Management

Banker

Auditor

Mian Umer Mansha(Chairman & C.E.)

KASB Bank Ltd.

M/s. Riaz Ahmad & Co.

Mr. Muhammad Ali Zeb(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mian Hassan Mansha(Director)

Habib Metorpolitan Bank Ltd.

Mr. Khalid Qadeer Qureshi(Director)

United Bank Ltd.

Mr. Muhammad Azam(Director)

National Bank Of Pakistan

Ms. Nabiha Shahnawaz Cheema(Director)

Faysal Bank Ltd.

Mr. Muhammad Asif (NIT)(Director)

Bank Islami Pakistan Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

37.82

Highest Price in

2009

Rs.

85.12

Lowest Price in

2009

Rs.

21.12

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

43.71

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

20

Units

Spinning

Kgs

Weaving

Sq. meters

Finishing

Mt.

Capacity

213

Actual Production

62,944,000

57,088,000

218,015,000

203,034,000

48,000,000

45,256,000

Olympia Spinning & Weaving Mills Ltd.

E/3, Farzana Building, 1st Floor, Block- 7 & 8, K.C.H.S.Union, Shaheed-e-Millat Road, Karachi.

Management

Banker

Mian M. Waqar Monnoo(Chairman & C.E.)

Soneri Bank Ltd.

Mr. Siraj Sadiq Monnoo(Director)

Bank Alfalah Ltd.

Mr. Syed Ayazuddin(Director)

Habib Bank Ltd.

Mrs. Ghazala Waqar(Director)

Allied Bank Of Pakistan Ltd.

Mr. Imran Monnoo(Director)

Askari Commercial Bank Limited

Mr. Syed Ejazuddin(Director)

United Bank Ltd.

Auditor
M/s. Mushtaq & Co.

Mr. Muhammad Anwar Saigal(Director)

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.07

Percentage Dividend rate :

Highest Price in

2009

Rs.

11.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.02

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.13

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

15,104,644

14,253,918

Olympia Textile Mills Ltd.

23-Dawis Road, Lahore.

Management

Banker

Mr. M. Munir Monnoo(Chairman)

Bank Al-Falah Ltd.

Mr. M. Khurshid Monnoo(Chief Executive)

Askari Commercial Bank Ltd.

Mr. Tayyab Monoo(Director)

Habib Bank Ltd.

Mr. Adeel Monnoo(Director)

Standard Charterd Bank

Auditor
M/s. Sheikh & Chaudhri

Mr. Aurangzeb Monnoo(Director)

Mr. Humayun Monnoo(Director)
Mr. M .Nasir Monnoo(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.79

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.66

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.48

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

8,635,360

2,805,557

214

Paramount Spinning Mills Ltd.

2nd Floor, Finlay House, I. I. Chundrigar Road, Karachi.

Management

Banker

Mr. Abdul Shakoor(Chairman)

National Bank Of Pakistan

Mr. Tanveer Ahmed(Chief Executive)

Habib Bank Ltd.

Mr. Riaz Ahmed(Director)

United Bank Ltd.

Auditor
M/s. Hameed Chaudhry & Co.

Mr. Sohail Maqsood(Director)

Mr. Mohammad Abdullah(Director)
Mrs. Neelofar Hameed(Director)
Mr. Naseer Ahmed(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.00

Highest Price in

2009

Rs.

11.39

Lowest Price in

2009

Rs.

6.80

Average Price in

2009

Rs.

9.10

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

10

Preference Shares(%)

10.00

Investment Yield%

Production Desc

Units

17

Capacity

Actual Production

Dyeing

2,065,170

1,601,691

Home Textile

2,505,150

625,780

Stitching

2,160,000

1,473,154

Premium Textile Mills Ltd.

1st Floor Haji Adam Chambers, Altaf Hussain Road, New Challi, Karachi.

Management

Banker

Auditor

Mr. Abdul Kader Haji Adam(Chairman/Chief Exec Soneri Bank Ltd.

Rahman Sarfaraz Rahim Iqbal Rafiq

Mr. Mohammed Ali Akbani(Director)

National Bank of Pakistan

Mr. Mohammed Aslam(Director)

Bank Al-Habib Ltd.

Mr. Mohammed Yasin Siddik(Director)

Habib Metropolitan Bank Ltd.

Mr. Ghulam Mohammad Surti(Director)

Habib Bank Ltd.

Mr. Aziz Hussain (NIT)(Director)

Mrs. Aamir Amin (NIT)(Director)
Date of Annual General Meeting

15th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

29.50

Highest Price in

2009

Rs.

31.70

Lowest Price in

2009

Rs.

29.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

30.60

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Yarn

7.5

Units

Capacity

Actual Production

Kgs

13,469,586

12,809,235

215

Prosperity Weaving Mills Ltd.

Nagina House, 91-B-1, M.M.Alam Road, Gulberg- III, Lahore.

Management

Banker

Auditor

Shaikh Enam Ellahi(Chairman)

M/s. M. Yousuf Adil Saleem & Co.

Mr. Shaukat Ellahi Shaikh(M.D. / C.E.O.)

Mr. S. M. Yusuf(Director)
Mr. Shahzada Ellahi Shaikh(Director)
Mr. Shafqat Ellahi Shaikh(Director)
Khawaja Muhammad Ali(Director)
Mr. Syed Mohsin Gilani(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.00

Highest Price in

2009

Rs.

9.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.00

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

7.50

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

27

Units

Capacity

Actual Production

Meters

58,714,474

54,141,861

Quality Textile Mills Ltd.

24, Ali Bhai Centre, 2nd Floor, 233-A, P.E.C.H.S., Block-2, Karachi.

Management

Banker

Auditor

Mr. Noor Mohammad Hashim(Chairman/Chief Ex Bank Al-Habib Ltd.

M/s. M.Yousuf Adil Saleem & Co.

Mr. Tayyab Noor Mohammad(Director)

Habib Metropolitan Bank Ltd.

Mr. Mohammad Younus Hashim(Director)

Habib Bank Ltd.

Mr. Imran M. Younus(Director)

Mrs. Fiza Chaudhri(Director)
Mr. Muhammad Idris Khokhar(Director)
Mr. Kamran M. Younus(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.90

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

9.49

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

7,087,253

7,987,172

216

Quetta Textile Mills Ltd.

Nadir House Ground Floor, I.I.Chundrigar Road, Karachi.

Management

Banker

Auditor

Mr. Khalid Iqbal(Chief Executive)

National Bank Of Pakistan

M/s. Mushtaq & Co.

Mrs. Najma Javed(Director)

Atlas Bank Ltd.

Mr. Asim Khalid(Director)

Faysal Bank Ltd.

Mr. Daanish Javed(Director)

Habib Bank Ltd.

Mr. Tariq Iqbal(Director)

Soneri Bank Ltd.

Mrs. Tabbasum Tariq(Director)

United Bank Limited

Mr. Omer Khalid(Director)

Albaraka Islamic Investment Bank B.S.C (E.C)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

34.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

101.27

Ordinary Shares (%)

Lowest Price in

2009

Rs.

31.85

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

66.56

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

Yarn

Kgs.

Fabric

Th. Sq. Meters

Power

MW

Ravi Textile Mills Ltd.

5/79, Usman Block, New Garden Town, Lahore.

Management

Banker

Auditor

Mr. Mohammad Waseem-ur-Rehman(Chief Exe National Bank Of Pakistan

Mr. Mohammad Shahid(Director)

Bank Al-Falah Ltd.

Mr. Mohammad Shahid Iqbal(Director)

NIB Bank Ltd.

Mr. Aftab Sarwar(Director)

Habib Metropolitan Bank Limited

Mr. Tahir Majeed(Director)

The Bank Of Punjab

M/s. Riaz Ahmad & Co.

Mr. Shabbir Ahmad Alvi(Director)

Mr. Mohammad Riaz(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.94

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.76

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

5,202,611

4,597,666

217

Redco Textiles Ltd.

Redco Arcade, 78-E, Blue Area, Islamabad.

Management

Banker

Mrs. Sarah Saif Khan(Chief Executive)

United Bank Ltd.

Mrs. Muneza Saif Khan(Director)

Bank Alfalah Ltd.

Auditor
M/s. BDO Ebrahim & Co.

Mrs. Samina Asad Khan(Director)

Mrs. Taufiqa Amanullah Khan(Director)
Mr. Ahsan-ur-Rehman Khan(Director)
Mr. Imran Zia(Director)
Mr. Khalid Rehman(Director)
Date of Annual General Meeting

27th November , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.77

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.54

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

10.00

Units

Capacity

Actual Production

Yarn

Lbs

15,156,000

11,624,970

Fabric

Meters

11,520,000

10,079,354

Regent Textile Industries Ltd.

A-66 Manghopir Road, S.I.T.E., Karachi.

Management

Banker

Mr. Akber Ali Hashwani(Chairman)

Bank Al-Habib Ltd.

Mr. Amin A.Hashwani(Chief Executive)

Metropolitan Bank Ltd.

Mrs. Farieha A. Hashwani(Director)

MCB Bank Ltd.

Mr. Aziz Kanani(Director)

Bank Al-Falah Ltd.

Auditor
M/s. Daudally Lalani & Co.

Mrs. Sultana A. Hashwani(Director)

Mr. Nizam A. Hashwani(Director)
Mr. Abdullah A. Hashwani(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

26.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

23.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

24.63

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

5,879,840

5,363,363

218

Reliance Cotton Spinning Mills Ltd.

312, Cotton Exchange Building, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Mohammad Abdullah(Chairman)

Habib Bank Ltd.

Mr. Yousaf Abdullah(Chief Executive)

Habib Metropolitan Bank Ltd.

Mr. Shahid Abdullah(Director)

MCB Bank Ltd.

Auditor
M/s. M. Yousuf Adil Saleem & Co

Mr. Mohammad Yamin(Director)

Mr. Mohammad Younus(Director)
Mr. Nadeem Abdullah(Director)
Mr. Amer Abdullah(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

24.00

Highest Price in

2009

Rs.

31.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

24.00

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

26.73

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

Units

Capacity

Actual Production

Kgs

21,894,873

21,031,586

Reliance Weaving Mills Ltd.

2nd Floor, Trust Plaza, L.M.Q. Road, Multan.

Management

Banker

Mr. Fawad Ahmed Mukhtar(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Fazal Ahmed Sheikh(Chief Executive)

United Bank Ltd.

Mr. Fahd Mukhtar(Director)

Habib Bank Ltd.

Mrs. Farah Faisal(Director)

MCB Bank Ltd.

Mrs. Fatima Fazal(Director)

Meezan Bank Ltd.

Mr. Shahid Aziz (NIT)(Director)

National Bank of Pakistan

Mr. Faisal Ahmed Mukhtar(Director)

Silk Bank Ltd.

Auditor
M/s. KPMG Taseer Hadi & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.85

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.20

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Weaving

Meters

56,507,912

52,261,233

Spinning

Kgs

11,963,097

10,084,785

219

Resham Textile Industries Ltd.

314-Upper Mall, Lahore.

Management

Banker

Auditor

Ch. Mohammad Khurshid(Chief Executive)

First National Bank Modaraba

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Muhammad Ali Chaudhry(Director)

Orix Leasing Pakistan Ltd.

Ch. Rahman Bakhsh(Director)

Albaraka Islamic Inv. Bank

Miss. Kiran A. Chaudhry(Director)

Orix Investment Bank Of Pakistan Ltd.

Mrs. Salma Aziz(Director)

The Royal Bank of Scotland Ltd.

Mr. Kamran Ilyas(Director)

Bank Alfalah Ltd.

Mr. Azhar Khurshid Chaudhry(Director)

The Bank Of Punjab

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.74

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.78

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.72

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.75

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

kgs

14,102,609

12,974,321

Ruby Textile Mills Ltd.

203-Faiyaz Centre, 2nd Floor, 3-A, S.M.C.H.S., Shahrah-e-Faisal, Karachi.

Management

Banker

Mr. Noor Elahi(Chairman & C.E.)

Standard Chartered Bank

Mrs. Parveen Elahi(Director)

Bank Al-Habib Ltd.

Mr. Ikram Elahi(Director)

National Bank Of Pakistan

Mrs. Naheed Javed(Director)

Soneri Bank Ltd.

Mr. Mansoob A. Akhtar (NIT)(Director)

MCB Bank Ltd.

Mr. Javed Usman(Director)

Habib Metropolitan Bank Ltd.

Mr. Nabil Javed(Director)

Silk Bank Ltd.

Auditor
M/s. Mushtaq & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.19

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

8,651,230

6,415,293

220

Safa Textiles Ltd.

Plot No. 26 & 26/1 Sector 12-D, Industrial Area, North Karachi. Karachi.

Management

Banker

Mr. Syed Iqbal Hussain(Chairman & C.E.)

Bank Alfalah Ltd.

Mrs. Sabeen Tarique(Director)

Habib Metorpolitan Bank Ltd.

Mrs. Seema Adnan(Director)

Standard Chartered Bank Ltd,

Mr. Adnan Iqbal(Director)

NIB Bank Ltd.

Auditor
M/s.Rahman Sarfaraz Rahim, Iqbal, Rafiq

Miss Hamna Husain(Director)

Mr. Syed Tarique Husain(Director)
Mrs. Farhat Iqbal(Director)
Date of Annual General Meeting

21st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.24

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn and cotton

Saif Textile Mills Ltd.

APTMA House, Tehkal Payan, Jamrud Road, Peshawar.

Management

Banker

Auditor

Mr. Anwar Saifullah Khan(Chairman)

HSBC Bank Middle East Ltd.

M/s. Hameed Chaudhri & Co.

Mr. Osman Saifullah Khan(Chief Executive)

Dubai Islamic Bank (Pakistan) Ltd.

Mrs. Hoor Yousafzai(Director)

Allied Bank Ltd.

Mr. Assad Saifullah Khan(Director)

Faysal Bank Ltd.

Mr. Jehangir Saifullah Khan(Director)

Albaraka Islamic Investment Bank B.S.C (E.C)

Mr. Muhammad Ayub (NIT)(Director)

Natioanl Bank of Paksitan

Mr. Asif Saifullah Khan(Director)

The Bank of Punjab

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.71

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.67

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

13,088,000

14,380,000

221

Saitex Spinning Mills Ltd.

250-Street No.5, Cavalry Ground, Lahore Cantt:

Management

Banker

Mian. M. Iqbal Saigol(Chairman & C.E.)

Union Bank Limited

Mr. Munsif Ali Alvi(Director)

Askari Commercial Bank Limited

Mrs. Farhat Siddiqui(Director)

MCB Bank Ltd.

Khawaja M. Sadiq(Director)

National Bank Of Pakistan

Mian M. Nadeem Saigol(Director)

Habib Bank Ltd.

Mian M. Samir Saigol(Director)

Allied Bank Of Pakistan Ltd.

Auditor
M/s. Sheikh & Chaudhry

Mr. Mohammad Asif (NIT)(Director)

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.10

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.17

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.05

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.24

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

4,917,219

Sajjad Textile Mills Ltd.

19-B, Off Zafar Ali Road, Gulberg-V, Lahore

Management

Banker

Mr. Muhammad Asim Sajjad(Chief Executive)

Habib Metropolitan Bank Limited

Mr. Salman Muhammad Aslam(Director)

National Bank Of Pakistan

Mr. Mehr Allah Yar(Director)

United Bank Ltd.

Auditor
M/s. Fazal Mahmood & Co.

Mr. Sultan Mahmood(Director)

Mr. Aftab Anwar(Director)
Mr. Muhammad Amjad(Director)
Miss. Batool Zahra(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.01

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.82

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

7,113,862

1,950,000

222

Saleem Denim Industries Ltd.

33-K.M. Sheikhupura Road, Faisalabad.

Management

Banker

Mr. Tahir Saleem Chaudhry(Chairman/ C.E.)

Askari Bank Ltd.

Mr. Shahid Saleem Chaudhry(Director)

Habib Bank Ltd.

Auditor
M/s. M. Ather & Company

Mrs. Sobia Saleem(Director)

Mr. Abdul Haq Chaudhry(Director)
Mrs. Nosheen Shahid(Director)
Mr. Abdul Aziz Chaudhry(Director)
Mr. Ghulam Farid(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn
Note: Continuous losses production
remained Closed

Salfi Textile Mills Ltd.

8, 8th Floor, Textile Plaza, M. A. Jinnah Road, Karachi.

Management

Banker

Mr. Anwar Ahmed Tata(Chairman / C.E.)

Soneri Bank Ltd.

Mr. Shahid Anwar Tata(Director)

Habib Metropolitan Bank Ltd.

Mr. Farooq Advani(Director)

Allied Bank Limited

Mr. Adeel Shahid Anwar Tata(Director)

MCB Bank Ltd.

Mr. Jawed Ahmed(Director)

KASB Bank Ltd.

Auditor
M/s. M.Yousuf Adil Saleem & Co.

Mr. Kauser Ejaz(Director)

Mr. Aijaz Ahmed Tariq(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

23.04

Percentage Dividend rate :

Highest Price in

2009

Rs.

24.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

23.04

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

23.65

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

12,357,535

13,431,946

223

Sally Textile Mills Ltd.

97-Shadman, Lahore-3

Management

Banker

Mian Iqbal Salah-ud-Din(Chief Exec. Officer)

MCB Bank Ltd.

Mst. Munira Salah-ud-Din(Director)

Meezan Bank Ltd.

Sheikh Abdul Salam(Director)

Askari Commercial Bank Ltd.

Mian Asad Salah-ud-Din(Director)

National Bank Of Pakistan

Auditor
M/s. Rahman Sarfaraz Rahim Iqbal Rafiq

Mian Yousaf Salah-ud-Din(Director)

Mian Sohail Salah-ud-Din(Director)
Mr. Muhammad Rafiq Khan(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.26

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.89

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

8,555,000

8,088,137

Salman Noman Enterprises Ltd.

3-K.M. Balloki Road, Bhai Pheru, Distt: Kasur

Management

Banker

Auditor

Mrs. Shamim Akhtar(Chairperson)

M/S Mushtaq & Co.

Mr. Nauman Almas(Chief Executive)

Mrs. Fareeha Pervaiz(Director)
Mr. Waseem K. Haq(Director)
Mrs. Shumaila Azeem(Director)
Mrs. Shahmeen Almas Sheikh(Director)
Mr. Mansoob Akhtar (NIT)(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.41

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.15

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.18

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

10,084,462

12,418,827

224

Samin Textiles Ltd.

50-C, Main Gulberg, Lahore.

Management

Banker

Mr. Sarmad Amin(Chairman/Chief Exec.)

National Bank Of Pakistan

Mr. Jamil Masud(Director)

Bank Al-Falah Ltd.

Mr. Tariq Jilani(Director)

NIB Bank Ltd.

Mr. Bunyad Hussain Shah(Director)

Askari Commercial Bank Limited

Mr. Nadeem Saeed(Director)

Allied Bank Limited

Mr. Safdar Hussain Tariq(Director)

Pak Kuwait Investment Co. Ltd.

Mr. Asad Ahmad Jan(Director)

My Bank Ltd.

Auditor
M/s. Anjum Asim, Shahid Rehman & Co.

Date of Annual General Meeting

30th September, 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.67

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.34

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.61

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

13.19

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

, 2009

10.00

Units

Capacity

Actual Production

Running meters

23,869,561

18,465,160

Sana Industries Ltd.

SF Unit No. 96, S.I.T.E., P.O.Box No. 10651, Karachi.

Management

Banker

Mr. Mohammed Yousuf(Chairman)

Auditor

Metropolitan Bank Ltd.

M/s. Muniff Ziauddin & Co.

Mr. Mohammed Younus Nawab(Chief Executive

Hafiz Mohammed Irfan Nawab(Director)
Mr. Mohammed Junaid Nawab(Director)
Mr. Mohammed Tariq Yousuf(Director)
Mr. Ibrahim Younus(Director)
Mr. Kemal Shoaib (NIT)(Director)
Date of Annual General Meeting

10th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.75

Highest Price in

2009

Rs.

15.75

Lowest Price in

2009

Rs.

12.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.13

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
yarn

35

41

Units

Capacity

Actual Production

Kgs

3,622,104

2,148,903

225

Sapphire Fibres Ltd.

316-Cotton Exchange Building, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Mohammad Abdullah(Chairman)

Habib Bank Ltd.

Mr. Shahid Abdullah(Chief Executive)

National Bank of Pakistan

Mr. Yousuf Abdullah(Director)

Habib Metropolitan Bank Ltd.

Mr. Naveed-ul-Islam(Director)

Citibank N.A.

Mr. Muhammad Yamin(Director)

MCB Bank Ltd.

Auditor
M/s. Hameed Chaudhry & Co.

Mr. Nadeem Abdullah(Director)

Mr. Amer Abdullah(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

85.00

Highest Price in

2009

Rs.

307.25

Lowest Price in

2009

Rs.

77.51

Average Price in

2009

Rs.

129.81

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

12.5

Preference Shares(%)

Investment Yield%

Production Desc

10.00

Units

Capacity

Actual Production

Spinning

Lbs

60,673,143

60,366,472

Dyeing

Lbs

7,243,831

3,401,182

Knitting

Lbs

14,372,094

5,679,798

Sapphire Textile Mills Ltd.

212, Cotton Exchange Building, I. I. Chundrigar Road, Karachi.

Management

Banker

Mr. Mohammad Abdullah(Chairman)

Citibank N.A.

Mr. Nadeem Abdullah(Chief Executive)

Habib Bank Ltd.

Mr. Yusuf Abdullah(Director)

Standard Chartered Bank

Mr. Mohammad Yamin(Director)

United Bank Ltd.

Mr. Mohammad Younus(Director)

MCB Bank Ltd.

Mr. Shahid Abdullah(Director)

The Royal Bank of Scotland Ltd.

Auditor
M/s. Mushtaq & Co.

Mr. Amer Abdullah(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

69.00

Highest Price in

2009

Rs.

136.00

Lowest Price in

2009

Rs.

59.57

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

72.44

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

Spinning

Lbs

82,877,920

92,695,300

Weaving

Sq. meters

51,238,110

73,871,639

226

Sargodha Spinning Mills Ltd.

A-601/B, City Towers, 6-K, Main Boulevard Gulberg II Lahore.

Management

Banker

Mian Farrukh Naseem(Chief Executive)

Habib Bank Ltd.

Mian Aamir Naseem(Chairman)

Bank Alfalah Ltd.

Mr. Irfan Qamar(Director)

NIB Bank Ltd.

Mrs. Hina Farrukh(Director)

National Bank Of Pakistan

Auditor
M/s. Riaz Ahmad & Co.

Mr. Shahid Mehmud(Director)

Mian Shahzad Aslam(Director)
Syed Arif Hussain(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.86

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.60

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.05

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.83

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

21,528,000

16,364,000

Saritow Spinning Mills Ltd.

17-Aziz Avenue, Canal Bank, Gulberg - V, Lahore.

Management

Banker

Mr. M. Naseem Saigol(Chairman)

My Bank Ltd.

Mr. M. Azam Saigol(Chief Executive)

Bank of Punjab Ltd.

Mr. Muhammad Omer Farooq(Director)

National Bank Of Pakistan

Mr. Rashid Ahmad Javaid(Director)

MCB Bank Ltd

Mr. Muhammad Athar Rafiq(Director)

Faysal Bank Ltd.

Mr. Saeed Mian Ansari(Director)

Askari Commercial Bank Ltd.

Mr. Aziz Hussain (NIT)(Director)

Standard Chartered Bank Ltd.

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.62

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.49

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.85

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

1,499,112

1,175,238

227

Service Fabrics Ltd.

38-Empress Road, Lahore.

Management

Banker

Mr. Farooq Hameed(Chief Executive)

National Bank Of Pakistan

Mr. Tariq Hameed(Director)

Habib Bank Ltd.

Auditor
M/s. M. Hussain Chaudhry & Co.

Mr. Ijaz Hameed(Director)

Mr. Aamer Hameed(Director)
Mr. Muhammad Hameed(Director)
Mr. Abid Hussain(Director)
Mr. Bilal Mustafa(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.34

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.48

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.40

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

L.Meters

22,300,000

Service Industries Textiles Ltd.

38-Empress Road, Lahore.

Management

Banker

Mr. Muhammad Hameed(Chief Executive)

Habib Bank Ltd.

Mr. Tariq Hameed(Director)

Bank Of Punjab

Mr. Murtaza Hameed(Director)

National Bank Of Pakistan

Auditor
M. Hussain Chaudhry & Co.

Mr. Ijaz Hameed(Director)

Mr. Aamer Hameed(Director)
Mr. Abid Hussain(Director)
Mr. Farooq Hameed(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

106.03

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.29

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.71

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.01

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

3,019,743

1,492,073

228

Shadab Textile Mills Ltd.

A-601/A, City Towers, 6-K Main Boulevard, Gulberg-II, Lahore.

Management

Banker

Mian Aamir Naseem(Chief Executive)

Bank Alfalah Ltd.

Mr. Mazhar Hussain(Director)

National Bank Of Pakistan

Auditor
M/S. Fazal Mahmood & Co.

Mian Farrukh Naseem(Director)

Mian Sajjad Aslam(Director)
Mian Shahzad Aslam(Director)
Syed Arif Hussain(Director)
Mst. Nusrat Shamim(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

24.24

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.85

Ordinary Shares (%)

Lowest Price in

2009

Rs.

24.24

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

25.53

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

12,874,463

12,089,905

Shadman Cotton Mills Ltd.

201,202-Commerce Centre, Hasrat Mohani Road, Karachi.

Management

Banker

Auditor

Mr. Zahid Mazhar(Chief Executive)

Askari Commercial Bank Ltd.

M/s. Mushtaq & Co.

Mr. Shahid Mazhar(Director)

Allied Bank Ltd.

United Bank Limited

Mst. Ghazala Shahid(Director)

Soneri Bank Ltd.

Mst. Naila Zahid(Director)

Habib Bank Ltd.

Mst. Rafia Sultana(Director)

MCB Bank Ltd

Mr. Omer Bin Zahid(Director)

Bank Alfalah Ltd.

Mr. Ahmed Bin Shahid(Director)

The Bank of Punjab

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.75

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

26,663,699

25,401,144

229

Shaheen Cotton Mills Ltd.

19-A off Zafar Ali Road, Gulberg-V, Lahore.

Management

Banker

Mian Pervez Aslam(Chief Executive)

Habib Metropolitan Bank Ltd.

Lt. Col. (R) Abdul Qayyum(Director)

National Bank Of Pakistan

Chaudhry Hakim Ali(Director)

NIB Bank Ltd.

Mr. Hassan-ud-Din Ansari(Director)

Bank Alfalah Ltd.

Mr. Humayun Bakht(Director)

MCB Bank Ltd.

Auditor
M/s. M. Hussain Chaudhry & Co.

Mr. Imran Aslam(Director)

Mr. Rashid Ahmed(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.33

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

12,422,384

5,154,983

Shahpur Textile Mills Ltd.

FB-3, 1st Floor, Awami Complex, Usman Block, New Garden Town, Lahore.

Management

Banker

Mr. Nazir Ahmed Peracha(Chairman / C.E.)

MCB Bank Ltd.

Mrs. Qamar Nazir Peracha(Director)

Natioanl Bank of Paksitan

Mrs. Uzma Asif Khan(Director)

Saudi Pak Commercial Bank Ltd.

Auditor
M/s. Anjum Asim Shahid Rehman

Mrs. Cyma Fazal Peracha(Director)

Mr. Hafiz Laeeq Ahmed(Director)
Mr. Arshad Iqbal Peracha(Director)
Mr. Muhammad Ayub(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.35

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.80

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs.

5,543,046

3,615,142

230

Shahtaj Textile Ltd.

100-B/3, M.M.Alam Road, Gulberg-III, Lahore.

Management

Banker

Auditor

Mr. Muneer Nawaz(Chairman)

Habib Bank Ltd.

M/s. M.Yousuf Adil Saleem & Co.

Mr. M. Naeem(Chief Executive)

MCB Bank Ltd

Mr. Farooq Hassan (NIT)(Director)

The Bank Of Punjab

Mrs. Sadia Mohammad(Director)

United Bank Ltd.

Mr. Toqueer Nawaz(Director)

Bank Al-Falah Ltd.

Mr. Mohammad Nawaz(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Lt. Col. (Retd.) R. D. Shams(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.29

Highest Price in

2009

Rs.

19.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.00

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

14.50

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

76

Units

Capacity

Actual Production

Sq. meters

57,141,872

55,713,325

Shahzad Textile Mills Ltd.

19-A, Off Zafar Ali Road, Gulberg-V, Lahore.

Management

Banker

Mr. Imran Aslam(Chief Executive)

Habib Metropolitan Bank Ltd.

Mian Parvez Aslam(Director)

NIB Bank Ltd.

Chaudhry Hakim Ali(Director)

Security Leasing Corporation Ltd.

Auditor
M/s. M. Hussain Chaudhury & Co.

Mr. Rashid Ahmed(Director)

Mr.Humayun Bakht(Director)
Lt.Col.(R) Abdul Qayum(Director)
Mr.Hasan-ud-Din Ansari(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.95

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.95

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.50

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

Units

Capacity

Actual Production

Kgs

22,878,894

21,237,766

231

Shams Textile Mills Ltd.

7-B / III, Aziz Avenue, Gulberg-V, Lahore.

Management

Banker

Mr. Muhammad Anwar(Chairman)

The Bank Of Punjab

Mr. Khalid Bashir(Chief Executive)

Allied Bank of Pakistan

Mr. Nadeem Maqbool(Director)

MCB Bank Ltd

Mr. Muhammad Asif (NIT)(Director)

First National Bank Modaraba

Mr. Asif Bashir(Director)

The Royal Bank of Scotland Ltd.

Mr. Adil Bashir(Director)

Habib Bank Limited

Mr. Amjad Mahmood(Director)

Natioanl Bank of Paksitan

Auditor
M/s. Riaz Ahmad & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

21.73

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

11.48

Preference Shares(%)

Investment Yield%

Production Desc
yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

22,202,165

20,150,516

Sind Fine Textile Mills Ltd.

Jacobabad Road, Shikarpur,

Management

Banker

Mr. Iftikhar Ahmed Soomro(Chairman / C.E.O.)

Auditor

Habib Bank Ltd.

M/s. Ebrahim & Co.

Begum Parveen I. Soomro(Director)

Mrs. Nasreen I. Soomro(Director)
Mr. Mohammad Omer Soomro(Director)
Ms. Huma Soomro(Director)
Ms. Mona Soomro(Director)
Mr. Nusair Ahmed Soomro(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Ceased production may,2003

232

Actual Production

Sunrays Textile Mills Ltd.

5th Floor, 508, Beaumount Plaza, Civil Lines Quarters Karachi.

Management

Banker

Mian Riaz Ahmed(Chairman)

Soneri Bank Ltd.

Mr. Kashif Riaz(Chief Executive)

MCB Bank Ltd.

Mr. Shahzad Ahmed(Director)

United Bank Ltd.

Mr. Irfan Ahmed(Director)

Allied Bank Limited

Auditor
M. Yousuf Adil Saleem & Co

Mr. Imran Ahmed(Director)

Mr. Shafqat Masood(Director)
Mian Muhammad Ahmed(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.00

Highest Price in

2009

Rs.

30.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

22.00

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

24.72

Preference Shares(%)

Investment Yield%

Production Desc
yarn

Units

Capacity

Actual Production

Kgs.

11,293,286

9,691,103

Suraj Cotton Mills Ltd.

7-B-III, Aziz Avenue, Gulberg-V, Lahore.

Management

Banker

Auditor

Mr. Khalid Bashir(Chairman)

United Bank Ltd.

M/s. Ernst & Young Ford Rhodes Sidat Hyder & C

Mr. Nadeem Maqbool(Chief Executive)

MCB Bank Ltd

Mr. Humayun Maqbool(Director)

Dubai Islamic Bank Ltd.

Mr. Amjad Mahmood(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Ahsan Bashir(Director)

National Bank Of Pakistan

Mr. Asif Bashir(Director)

Allied Bank of Pakistan Ltd.

Mr. Rashid Ahmed (NIT)(Director)

The Bank of Punjab

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

12.70

Highest Price in

2009

Rs.

52.97

Lowest Price in

2009

Rs.

12.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

25.98

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

Spinning

Kgs

37,239,429

35,935,842

Weaving

Sq. meters

78,835,486

68,133,942

233

Taha Spinning Mills Ltd.

406-Commerce Centre, Hasrat Mohani Road, Karachi.

Management

Banker

Mr. Ashfaq Ahmed(Chief Executive)

NIB Bank Ltd.

Mr. Ikhlaq Husain(Director)

National Bank Of Pakistan

Mr. Muhammad Farooq(Director)

Askari Commercial Bank Ltd.

Auditor
M/s. A. R. Khan & Co.

Mr. Niaz Mohammad(Director)

Mr. Saleem Abbas(Director)
Mr. Saqib Ashfaq(Director)
Mr. Amir Ashfaq(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.00

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

3,459,535

15,547

Taj Textile Mills Ltd.

Office-1, 1st Floor, 1-K, Commercial Zone, Block-K, Model Town, Lahore.

Management

Banker

Mr. Jahangir Elahi(Chairman & C.E.)

National Bank Of Pakistan

Mr. Shahrukh Elahi(Director)

Habib Bank Ltd.

Mr. Tanvir Elahi(Director)

Standard Chartered Bank

Mr. Tariq Latif(Director)

United Bank Ltd.

Sh. Muhammad Ashraf(Director)

NIB Bank Ltd.

Mr. Muhammad Ashfaq Nadeem(Director)

Allied Bank Of Pakistan Ltd.

Mr. Amir Jahangir(Director)

Crescent Commercial Bank Ltd.

Auditor
M/s. Zahid Jamil & Co.

Date of Annual General Meeting

27th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.80

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.16

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.59

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn

Lbs

36,573,553

Fabric

L. meters

12,779,847

234

Tata Textile Mills Ltd.

8, 8th Floor, Textile Plaza, M. A. Jinnah Road, Karachi.

Management

Banker

Mr. Anwar Ahmed Tata(Chairman)

Soneri Bank Ltd.

Mr. Shahid Anwar Tata(Chief Executive)

Faysal Bank Ltd.

Mr.Farooq Advani(Director)

National Bank Of Pakistan

Mr.Muhammad Ayub(NIT)(Director)

The Royal Bank of Scotland Ltd.

Mr. Muhammad Waris Magoon(Director)

MCB Bank Ltd.

Mr. Shahid Aziz (NIT)(Director)

Bank Alfalah Ltd.

Mr. Adeel Shahid Anwar Tata(Director)

Habib Metropolitan Bank Ltd.

Auditor
M. Yousuf Adil Saleem & Co.

Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

20.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

8.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.00

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

10.00

Units

Capacity

Actual Production

Kgs

13,088,089

14,848,001

The Crescent Textile Mills Ltd.

40-A, Off Zafar Ali Road, Gulberg-V, Lahore.

Management

Banker

Auditor

Mr. Muhammad Anwar(Chairman & C.E.)

United Bank Ltd.

M/s. Riaz Ahmed & Co.

Mr. Ahmed Shafi(Director)

National Bank Of Pakistan

Mr. Khalid Bashir(Director)

Faysal Bank Ltd.

Mr. Tariq Shafi(Director)

Habib Bank Ltd.

Mr. Muhammad Arshad(Director)

Albaraka Islamic Investment Bank B.S.C (E.C)

Mr. Nasir Shafi(Director)

Allied Bank Of Pakistan Ltd.

Mr. Muhammad Iqbal Hussain (NIT)(Director)

NIB Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

24.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

70.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

40.28

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production
36,091

spinning

Th. kgs

38,562

Weaving

Th. Sq. meters

97,078

78,220

Power Plant

MWH

257,544

143,713

235

Towellers Ltd.
WSA-30/31, Block-1, Federal 'B' Area, Karachi.

Management

Banker

Auditor

Mrs. Suraiya Junaid(Chairperson)

Soneri Bank Ltd.

M/s. Mushtaq & Co.

Mr. S.M.Obaid(Chief Exec. Officer)

The Hongkong & Shanghai Banking Corp. Ltd.

Mr. Tariq Muhammad Khan(Director)

Askari Commercial Bank Ltd.

Ms. Mahjabeen Obaid(Director)

Standard Charted Bank Ltd.

Mr. Jawed Ashfaq(Director)

Metropolitan Bank Ltd.

Miss. Mehreen Obaid(Director)

KASB Bank Ltd.

Ms. Sana Obaid(Director)

Silk Bank Ltd.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.50

Highest Price in

2009

Rs.

22.50

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

22.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

22.50

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Bed sheets

Usman Textile Mills Ltd.

406, 4th Floor, Trade Center, I.I.Chundrigar Road, Karachi.

Management
Mr. Muhammad Zaheeruddin(Chairman)

Banker

Auditor

Bank Al-Falah Ltd.

M/s. Haroon Zakaria & Co.

Mr. Noor Qadir(Chief Executive)

Mr. Khalid Abid M. Shah(Director)
Mr. Syed Tajuddin(Director)
Mr. Haroon Shekha(Director)
Mr. Nadeem Aslam(Director)
Mr. Muhammad Yusufuddin(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

11.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.77

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Sold Plant & Machinery

236

Actual Production

Yousaf Weaving Mills Ltd.

Kashana-e-Yousaf Khawaja Street, Chakwal.

Management
Khawaja Mohammad Jawed(Chairman)

Banker

Auditor

Faysal Bank Ltd.

M/s. Hussain Chaudhry & Co.

Khawaja Mohammad Nadeem(Chief Executive) Habib Metropolitan Bank Limited

Khawaja Mohammad Tanveer(Director)

Natioanl Bank of Paksitan

Khawaja Mohammad Jahangir(Director)

Khawaja Mohammad Kalim(Director)
Khawaja Mohammad Naveed(Director)
Mr. Danish Tanveer(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.66

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.91

Preference Shares(%)

Investment Yield%

Production Desc
Yarn

, 2009

Units

Capacity

Actual Production

Kgs

9,358,132

7,803,403

Zahidjee Textile Mills Ltd.

20, Bilal Road, Civil Lines, Faisalabad.

Management

Banker

Auditor

Mr. Muhammad Zahid(Chairman & C.E.)

United Bank Ltd.

M/s. Avais Hyder Liaquat Nauman

Mst. Huma Zahid(Director)

Faysal Bank Ltd.

Mr. Muhammad Qasim(Director)

Allied Bank Limited

Mst. Fouzia Shahani(Director)

National Bank of Pakistan

Mr. Naveed Ahmad(Director)

Bank Alfalah Ltd.

Mst. Fiza Zahid(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mst. Asma Makhdoom(Director)

The Bank of Punjab

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.63

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.60

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.48

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Sinning

Kgs

15,700,624

13,733,701

Weaving

Sq.Meter

42,536,384

29,973,024

237

Zahur Cotton Mills Ltd.

94th K.M. Lahore-Multan Road, Near Pul Jaurian, Akhtarabad, Okara.

Management

Banker

Mr. Javed Zahur(Chairman & C.E.)

MCB Bank Ltd.

Mr. M. Nadeem(Director)

Union Bank Ltd.

Mr. Nazir Akhtar(Director)

Bank Al-Habib Ltd.

Mr. Khan Muhammad(Director)

Prime Commercial Bank Ltd.

Auditor
M/s. Tariq Ayyub Anwar & Co.

Mr. Muhammad Ayub (NIT)(Director)

Mr. Zahid Nadeem(Director)
Mr. Fazal Hussain(Director)
Date of Annual General Meeting

Face Value

Rs.

10.00

Market Price as on 30/06/2009

Rs.

.35

Percentage Dividend rate :

Highest Price in

2009

Rs.

.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.28

Preference Shares(%)

Investment Yield%

Year Ending :

30th June

Production Desc
fabric

, 2009

Units

Capacity

Sq. meters

10,204,733

Actual Production

Note: Failed to hold AGM and

defaulter to SECP

Zephyr Textiles Ltd.

3rd Floor, IEP Building, 97-B/D-I, Gulberg-III, Lahore.

Management

Banker

Mr. Mussaid Hanif(Chairman / C.E.O.)

Allied Bank Limited

Mr. Burhan Muhammad Khan(Director)

Habib Bank Ltd.

Mr. Arbab Muhammad Khan(Director)

National Bank of Pakistan

Mr. Manzar-ul-Islam(Director)

The Bank of Punjab

Mr. Gauhar Abdul Hai(Director)

United Bank Ltd.

Ms. Tahniyat Mussaid(Director)

Faysal Bank Ltd.

Ms. Sabah Burhan(Director)

NIB Bank Ltd.

Auditor
M/s. Anjum Asim Shahid Rahman

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.66

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.30

Preference Shares(%)

Investment Yield%

Production Desc
Fabric

, 2009

Units

Capacity

Actual Production

Sq.meters

7,450,000

7,350,000

238

Other Textile Sector

Other Textile Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

241

2004

2005

2006

2007

2008

2009

9061.4
10936.7
19998.1
0.0
169.6
12046.0
12215.6
32213.7

9316.9
12646.2
21963.1
0.0
169.6
11454.7
11624.3
33587.4

9347.2
15259.7
24606.9
0.0
0.0
9810.8
9810.8
34417.7

9357.8
15927.7
25285.5
0.0
0.0
8602.2
8602.2
33887.7

9392.9
11383.3
20776.2
0.0
0.0
10902.0
10902.0
31678.2

9046.9
9799.2
18846.1
0.0
0.0
8157.7
8157.7
27003.8

7973.8
7970.5
9557.6
10519.0
10910.1
16181.4
1417.7
1409.9
1189.1
1134.9
974.7
1499.8
6556.1
6560.6
8368.5
9384.1
9935.4
14681.6
8070.7
6807.3
9204.2
10331.8
12945.7
11502.0
13952.0
18184.2
15674.4
15775.3
17590.9
13352.2
29996.5
32962.0
34436.2
36626.1
41446.7
41035.6
24230.0
26826.7
30524.4
32009.8
38120.7
41056.3
36445.6
38451.0
40335.2
40612.0
49022.7
49214.0
5766.5
6135.3
3911.8
4616.3
3326.0
-20.7
20945.5
24933.1
22302.0
19934.4
25445.7
25430.1
-16256.2 -18856.2 -20966.8 -21490.8 -27210.6 -24874.9
47397.5
26447.1
2517.4
56443.6

50924.6
27452.1
2323.9
60414.1

57199.3
30506.0
2518.6
64942.2

57075.4
29271.5
2865.3
65897.6

59344.3
28352.3
3095.1
69799.0

60196.4
27024.5
2777.0
68060.1

60698.7
57035.3
3663.4
54954.7
5744.0
56975.4
3898.6
1145.8
2752.8
670.4
212.5
255.6

52303.1
43095.8
9207.3
48343.5
3959.6
50130.0
2376.1
1362.1
1014.0
334.5
1085.3
276.1

54764.9
45979.3
8785.6
49692.5
5072.4
51555.7
4528.9
2148.5
2380.4
502.7
269.6
0.0

53757.3
43743.4
10013.9
50166.1
3591.2
51958.7
3743.3
2652.3
1091.0
384.7
189.9
0.0

57135.2
45883.2
11252.0
54895.5
2239.7
57443.8
1460.0
3436.4
-1976.4
525.3
202.8
962.5

55718.3
41251.7
14466.6
54192.0
1526.3
56777.0
1214.9
4396.1
-3181.2
374.5
322.1
0.0

5143.5
1869.9
3273.6

1373.7
-405.8
1779.5

830.3
1608.1
-777.8

-530.0
516.4
-1046.4

-2209.5
-2704.5
495.0

-4674.4
-3877.8
-796.6

4387.3
7660.9

1918.1
3697.6

4126.7
3348.9

3381.7
2335.3

390.6
885.6

-1100.8
-1897.4

37.9
123.8
66.2
182.2
4.9
36.4
57.3
220.7
93.9
29.4
1.9
5.5
24.4
5.7
13.8

34.6
122.9
55.1
175.1
1.7
-29.5
51.9
235.7
95.8
57.3
2.6
5.5
33.0
6.8
4.6

28.5
112.8
61.5
163.9
3.7
193.7
123.2
263.3
94.1
47.4
3.9
9.6
21.1
6.6
9.7

25.4
114.4
65.1
160.6
1.7
-97.4
144.8
270.2
96.7
70.9
4.9
13.3
35.3
8.1
4.3

34.4
108.7
62.6
236.0
-2.8
122.4
44.1
221.2
100.5
235.4
6.0
13.5
-26.6
8.7
-9.5

30.2
99.9
67.4
261.1
-4.7
83.0
58.0
208.3
101.9
361.8
7.9
17.3
-11.8
8.3
-16.9

980.0
1.1
4.5
3.0
2.3
9.5
107.5
100.0
17.3
22.1

62.6
4.9
1.9
1.1
0.7
8.6
86.6
-63.3
-13.8
23.6

696.5
1.1
4.3
2.5
2.0
9.3
84.3
127.3
4.7
26.3

371.9
0.8
2.0
1.2
0.8
9.4
81.6
-52.0
-1.8
27.0

-1233.6
1.0
-3.5
-2.1
-2.7
10.5
81.9
-275.0
6.3
22.1

-1103.9
1.7
-5.7
-3.5
-3.9
9.9
81.9
66.7
-2.5
20.8

Other Textiles

Operating, Financial & Investment Ratios

300
250
200
%

150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Al-Abid Silk Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

243

2004

2005

2006

2007

2008

2009

74.3
556.7
631.0
0.0
0.0
555.0
555.0
1186.0

74.3
984.0
1058.3
0.0
0.0
854.3
854.3
1912.6

74.3
1028.9
1103.2
0.0
0.0
583.8
583.8
1687.0

95.8
1190.2
1286.0
0.0
0.0
236.3
236.3
1522.3

95.8
1386.0
1481.8
0.0
0.0
319.9
319.9
1801.7

95.8
1423.6
1519.4
0.0
0.0
133.8
133.8
1653.2

74.7
74.7
0.0
417.1
1647.7
2139.5
2255.4
2810.4
-115.9
2020.3
-2180.7

122.4
122.4
0.0
280.4
2532.1
2934.9
3265.0
4119.3
-330.1
2895.3
-3142.6

26.4
26.4
0.0
393.7
2827.8
3247.9
3707.0
4290.8
-459.1
2801.7
-3680.6

42.6
42.6
0.0
444.0
3151.3
3637.9
4225.8
4462.1
-587.9
2523.1
-4183.2

10.8
10.8
0.0
431.9
4313.9
4756.6
5254.7
5574.6
-498.1
2680.4
-5243.9

36.5
36.5
0.0
510.6
4964.1
5511.2
6078.8
6212.6
-567.6
2886.4
-6042.3

1646.3
1301.8
97.3
3441.3

3045.8
2242.5
144.8
5177.4

3120.8
2146.2
172.4
5394.1

3245.2
2110.2
181.8
5748.1

3532.9
2299.8
174.2
7056.4

3716.5
2220.9
177.4
7732.1

2846.1
2744.0
102.1
2434.7
411.4
2707.1
141.2
99.1
42.1
23.9
3.7
0.0

3539.9
111.2
3428.7
3008.4
531.5
3331.5
210.2
150.9
59.3
28.3
3.7
0.0

4454.9
257.6
4197.3
3732.9
722.0
4077.3
385.6
280.1
105.5
45.5
5.5
0.0

4584.9
152.8
4432.1
3987.6
597.3
4217.7
367.2
284.9
82.3
46.6
0.0
0.0

5495.6
84.1
5411.5
4813.6
682.0
5093.0
405.3
310.3
95.0
56.1
7.2
0.0

9101.0
64.8
9036.2
7789.0
1312.0
8528.5
573.4
436.8
136.6
91.7
7.2
0.0

327.5
14.5
313.0

726.6
27.3
699.3

-225.6
54.5
-280.1

-164.7
35.7
-200.4

279.4
31.7
247.7

-148.5
37.7
-186.2

111.8
424.8

172.1
871.4

226.9
-53.2

217.5
17.1

205.9
453.6

215.1
28.9

46.8
94.9
21.8
445.4
1.2
4.4
26.3
849.3
95.1
70.2
3.5
4.9
56.8
2.3
6.7

44.7
89.9
12.3
389.2
1.1
3.8
19.7
1424.4
94.1
71.8
4.3
5.2
47.7
2.3
5.6

34.6
87.6
11.3
388.9
2.0
-24.2
-426.5
1484.8
91.5
72.6
6.3
10.0
43.1
2.1
9.6

15.5
86.1
11.5
347.0
1.4
-21.7
1271.9
1342.4
92.0
77.6
6.2
11.3
56.6
2.3
6.4

17.8
90.5
8.4
376.2
1.3
11.3
45.4
1546.8
92.7
76.6
5.6
11.6
59.1
2.1
6.4

8.1
90.7
9.0
408.9
1.8
-25.4
744.3
1586.0
93.7
76.2
4.8
15.1
67.1
1.6
9.0

491.9
0.6
1.5
5.7
2.4
10.2
82.7
-47.2
-8.9
84.9

837.8
0.3
1.7
8.0
4.2
11.1
68.4
40.4
24.4
142.4

1090.9
0.5
2.4
14.2
8.1
7.7
82.6
77.5
25.8
148.5

0.0
0.0
1.8
8.6
3.7
8.5
79.8
-39.4
2.9
134.2

540.3
0.5
1.7
9.9
4.1
8.3
77.9
15.1
19.9
154.7

623.6
0.5
1.5
14.3
4.7
8.0
117.7
44.4
65.6
158.6

Bannu Woollen Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

244

2004

2005

2006

2007

2008

2009

50.7
464.0
514.7
0.0
0.0
0.0
0.0
514.7

50.7
459.7
510.4
0.0
0.0
0.0
0.0
510.4

50.7
449.1
499.8
0.0
0.0
1.5
1.5
501.3

50.7
477.1
527.8
0.0
0.0
67.8
67.8
595.6

76.1
237.7
313.8
0.0
0.0
13.4
13.4
327.2

76.1
477.5
553.6
0.0
0.0
1.8
1.8
555.4

7.0
0.4
6.6
205.0
79.0
291.0
203.7
203.7
87.3
128.5
-196.7

7.2
0.6
6.6
107.5
132.4
247.1
147.6
147.6
99.5
106.5
-140.4

30.0
0.6
29.4
73.2
95.3
198.5
117.9
119.4
80.6
8.9
-87.9

37.5
7.1
30.4
93.6
109.6
240.7
73.4
141.2
167.3
90.6
-35.9

32.1
0.6
31.5
122.3
140.0
294.4
386.4
399.8
-92.0
83.7
-354.3

4.2
0.8
3.4
121.4
202.3
327.9
246.6
248.4
81.3
112.8
-242.4

575.6
427.4
25.3
718.4

576.3
411.0
17.1
658.1

599.9
420.6
22.4
619.1

623.7
428.3
23.0
669.0

629.7
419.2
212.7
713.6

698.7
474.1
13.4
802.0

269.1
269.1
0.0
230.3
38.8
252.9
20.3
5.1
15.2
4.2
0.0
0.0

147.8
147.8
0.0
127.7
20.1
143.2
7.4
5.8
1.6
4.2
0.0
0.0

288.9
288.9
0.0
213.7
75.2
242.5
43.9
5.7
38.2
16.5
0.0
0.0

296.0
296.0
0.0
222.0
74.0
252.7
45.0
3.4
41.6
14.8
0.0
0.0

332.2
332.2
0.0
319.7
12.5
352.1
-16.9
0.0
-16.9
16.3
0.0
380.3

391.3
391.3
0.0
295.3
96.0
348.8
15.4
5.7
9.7
8.2
0.0
0.0

123.7
11.0
112.7

-4.3
-2.6
-1.7

-9.1
21.7
-30.8

94.3
26.8
67.5

-268.4
-33.2
-235.2

228.2
1.5
226.7

36.3
149.0

14.5
12.8

44.1
13.3

49.8
117.3

179.5
-55.7

14.9
241.6

0.0
142.9
104.1
39.6
2.1
8.9
24.4
1015.2
94.0
25.1
1.9
4.0
27.6
53.8
3.0

0.0
167.4
77.7
28.9
0.2
113.3
1006.7
96.9
78.4
3.9
5.4
262.5
45.7
0.3

0.3
168.4
87.5
23.9
6.2
-238.5
331.6
985.8
83.9
13.0
2.0
64.0
43.2
10.3
7.6

11.4
327.9
178.6
26.8
6.2
28.4
42.5
1041.0
85.4
7.6
1.1
3.8
35.6
12.0
7.9

4.1
76.2
40.0
127.4
-2.4
12.4
-322.3
412.4
106.0
0.0
0.0
0.0
-96.4
15.3
-5.4

0.3
133.0
50.9
44.9
1.2
0.7
6.2
727.5
89.1
37.0
1.5
5.1
84.5
12.8
1.8

0.0
5.6
3.0
2.2
8.0
37.5
-51.6
-8.4
101.5

0.0
1.1
0.3
-0.5
4.0
22.5
-90.0
-45.1
100.7

0.0
0.0
13.2
7.5
4.3
5.5
46.7
2400.0
95.5
98.6

0.0
0.0
14.1
8.2
5.3
5.5
44.2
9.3
2.5
104.1

0.0
0.0
-5.1
-2.2
-4.4
49.7
46.6
-126.8
12.2
41.2

0.0
0.0
2.5
1.3
0.2
3.2
48.8
-159.1
17.8
72.7

Dewan Salman Fibre Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

245

2004

2005

2006

2007

2008

2009

3407.6
2896.9
6304.5
0.0
0.0
3297.5
3297.5
9602.0

3663.2
2575.4
6238.6
0.0
0.0
2608.0
2608.0
8846.6

3663.2
4964.8
8628.0
0.0
0.0
2690.6
2690.6
11318.6

3663.2
4133.4
7796.6
0.0
0.0
2246.1
2246.1
10042.7

3663.2
-767.3
2895.9
0.0
0.0
2967.2
2967.2
5863.1

3663.2
-6993.3
-3330.1
0.0
0.0
1022.5
1022.5
-2307.6

266.8
434.3
546.4
432.5
235.4
150.0
266.8
349.5
294.2
155.3
87.4
16.6
0.0
84.8
252.2
277.2
148.0
133.4
3214.3
2967.3
4369.7
4428.0
5549.5
5107.9
6239.6
7837.1
6844.0
6634.5
4683.6
1457.5
9720.7
11238.7
11760.1
11495.0
10468.5
6715.4
10102.9
11505.6
13448.4
13503.1
15609.7
18981.4
13400.4
14113.6
16139.0
15749.2
18576.9
20003.9
-382.2
-266.9
-1688.3
-2008.1
-5141.2 -12266.0
6680.2
7753.9
8550.1
7365.2
10431.9
10079.7
-9836.1 -11071.3 -12902.0 -13070.6 -15374.3 -18831.4
17864.7
9984.3
1031.3
19705.0

17997.6
9113.6
1004.8
20352.3

22813.4
13007.1
935.5
24767.2

22669.0
12050.7
1237.5
23545.7

23007.1
11004.3
1130.5
21472.8

23081.7
9958.5
1048.3
16673.9

21122.3
21122.3
0.0
19448.5
1673.8
20024.0
1099.4
700.8
398.6
89.3
0.0
255.6

19470.9
17051.2
2419.7
18378.8
1092.1
18868.5
607.1
592.5
14.6
86.7
255.6
255.6

16732.6
15573.6
1159.0
15702.0
1030.6
16123.2
548.8
650.1
-101.3
83.6
0.0
0.0

15021.5
13940.2
1081.3
14749.4
272.1
15074.9
-23.5
1130.4
-1153.9
75.3
0.0
0.0

10762.2
9991.1
771.1
13253.4
-2491.2
13789.1
-3024.6
1964.1
-4988.7
53.8
0.0
0.0

4169.6
4096.1
73.5
8206.3
-4036.7
8422.7
-4243.7
2119.9
-6363.6
0.8
0.0
0.0

-569.0
309.3
-878.3

-755.4
-327.7
-427.7

2472.0
-184.9
2656.9

-1275.9
-1229.2
-46.7

-4179.6
-5042.5
862.9

-8170.7
-6364.4
-1806.3

1340.6
462.3

677.1
249.4

750.6
3407.5

8.3
-38.4

-3912.0
-3049.1

-5316.1
-7122.4

34.3
96.2
34.5
212.6
2.0
290.0
185.0
94.8
63.7
3.3
10.5
22.4
6.8
6.3

29.5
97.7
29.6
226.2
0.1
271.5
170.3
96.9
97.6
3.0
7.6
593.8
8.1
0.2

23.8
87.4
36.6
187.1
-0.4
-7.5
22.0
235.5
96.4
118.5
3.9
7.6
-82.5
11.6
-1.2

22.4
85.1
36.0
202.0
-4.9
96.3
-21.6
212.8
100.4
-4810.2
7.5
15.3
-6.5
16.0
-14.8

50.6
67.1
37.1
641.5
-23.2
120.6
128.3
79.1
128.1
-64.9
18.2
18.8
-1.1
24.9
-172.3

0.0
35.4
27.7
0.0
-38.2
77.9
74.6
-90.9
202.0
-50.0
50.8
21.0
0.0
68.0
0.0

0.0
1.9
1.2
0.9
9.6
107.2
300.0
13.2
18.5

-28.2
4.1
0.1
0.0
-0.2
10.1
95.7
-100.0
-7.8
17.0

0.0
0.0
-0.6
-0.3
-0.5
10.3
67.6
0.0
-14.1
23.6

0.0
0.0
-7.7
-3.1
-3.4
9.5
63.8
933.3
-10.2
21.3

0.0
0.0
-46.4
-13.6
-13.8
9.4
50.1
338.7
-28.4
7.9

0.0
0.0
-152.6
-17.4
-17.4
9.5
25.0
27.9
-61.3
-9.1

Gatron (Industries) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

246

2004

2005

2006

2007

2008

2009

383.6
1932.4
2316.0
0.0
0.0
112.0
112.0
2428.0

383.6
2466.1
2849.7
0.0
0.0
413.2
413.2
3262.9

383.6
1705.4
2089.0
0.0
0.0
461.0
461.0
2550.0

383.6
1799.3
2182.9
0.0
0.0
458.8
458.8
2641.7

383.6
1898.4
2282.0
0.0
0.0
934.1
934.1
3216.1

383.6
2220.2
2603.8
0.0
0.0
337.5
337.5
2941.3

323.1
22.6
300.5
1040.8
1441.1
2805.0
2149.9
2261.9
655.1
1092.9
-1826.8

321.3
161.6
159.7
586.2
1710.6
2618.1
1993.9
2407.1
624.2
1711.4
-1672.6

316.0
13.8
302.2
760.8
1662.4
2739.2
2676.8
3137.8
62.4
1306.9
-2360.8

320.7
20.2
300.5
962.2
1484.4
2767.3
2603.3
3062.1
164.0
1512.8
-2282.6

395.2
94.7
300.5
1307.1
1719.4
3421.7
2652.7
3586.8
769.0
1837.0
-2257.5

345.5
45.0
300.5
1102.2
1956.5
3404.2
2892.2
3229.7
512.0
2083.3
-2546.7

4334.1
1772.9
175.7
4577.9

5149.2
2638.8
222.1
5256.9

5425.0
2487.7
203.8
5226.9

5590.2
2477.9
267.8
5245.2

5732.9
2447.1
261.1
5868.8

6083.3
2429.3
258.9
5833.5

5918.4
4968.8
949.6
5326.0
592.4
5501.8
432.5
23.4
409.1
95.8
19.8
0.0

5664.1
5066.9
597.2
5150.4
513.7
5312.9
377.9
50.4
327.5
25.2
191.8
0.0

4839.9
4488.2
351.7
4488.0
351.9
4621.3
256.2
126.4
129.8
23.7
57.5
0.0

6209.2
5578.5
630.7
5684.2
525.0
5890.9
352.3
171.9
180.4
30.1
57.5
0.0

7056.5
6105.6
950.9
6271.2
785.3
6680.9
384.3
152.7
231.6
17.2
57.5
82.3

7497.0
6853.9
643.1
6929.1
567.9
7252.0
640.5
255.6
384.9
7.2
57.5
0.0

91.4
293.5
-202.1

834.9
110.5
724.4

-712.9
48.6
-761.5

91.7
92.8
-1.1

574.4
156.9
417.5

-274.8
320.2
-595.0

469.2
267.1

332.6
1057.0

252.4
-509.1

360.6
359.5

418.0
835.5

579.1
-15.9

4.6
130.5
63.4
97.7
8.9
321.1
175.7
603.8
93.0
5.4
0.4
2.1
23.4
10.4
17.7

12.7
131.3
45.5
84.5
6.2
13.2
31.5
742.9
93.8
13.3
0.9
2.9
7.7
8.6
11.5

18.1
102.3
40.2
150.2
2.5
-6.8
-49.6
544.6
95.5
49.3
2.6
9.7
18.3
6.8
6.2

17.4
106.3
49.3
140.3
3.4
101.2
100.3
569.1
94.9
48.8
2.8
11.4
16.7
8.5
8.3

29.0
129.0
64.2
157.2
3.9
27.3
50.0
594.9
94.7
39.7
2.2
8.3
7.4
9.1
10.1

11.5
117.7
50.1
124.0
6.6
-116.5
-3642.1
678.8
96.7
39.9
3.4
12.3
1.9
7.3
14.8

1582.3
0.9
6.9
10.7
8.2
10.4
129.3
5.9
15.4
60.4

157.6
6.7
5.8
8.5
7.9
10.5
107.7
-20.6
-4.3
74.3

184.5
2.8
2.7
3.4
2.8
8.9
92.6
-60.0
-14.6
54.5

261.4
2.6
2.9
4.7
3.9
10.8
118.4
38.2
28.3
56.9

372.9
2.5
3.3
6.0
5.6
10.7
120.2
27.7
13.6
59.5

656.9
2.2
5.1
10.0
9.8
10.6
128.5
66.7
6.2
67.9

Ibrahim Fibres Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

247

2004

2005

2006

2007

2008

2009

3105.1
3157.7
6262.8
0.0
0.0
7050.2
7050.2
13313.0

3105.1
3694.0
6799.1
0.0
0.0
6845.5
6845.5
13644.6

3105.1
4647.2
7752.3
0.0
0.0
5511.1
5511.1
13263.4

3105.1
5992.9
9098.0
0.0
0.0
4911.5
4911.5
14009.5

3105.1
6441.2
9546.3
0.0
0.0
5580.8
5580.8
15127.1

3105.1
8751.8
11856.9
0.0
0.0
6161.2
6161.2
18018.1

6345.5
135.3
6210.2
1136.5
2559.2
10041.2
5367.8
12418.0
4673.4
8703.9
977.7

6328.4
118.2
6210.2
897.0
3424.6
10650.0
5421.7
12267.2
5228.3
10340.8
906.7

7858.3
268.1
7590.2
1473.1
1629.9
10961.3
5484.8
10995.9
5476.5
7525.5
2373.5

8833.1
297.5
8535.6
1827.2
2495.3
13155.6
6640.5
11552.0
6515.1
6712.4
2192.6

9570.6
244.6
9326.0
2597.0
4173.3
16340.9
8714.9
14295.7
7626.0
7883.0
855.7

13742.4
169.5
13572.9
1995.6
2909.7
18647.7
8446.6
14607.8
10201.1
7943.1
5295.8

12968.6
8639.4
833.0
18680.6

13955.6
8416.3
595.9
19066.3

14132.7
7787.0
817.9
18748.3

14073.1
7494.5
767.2
20650.1

14964.8
7501.1
743.0
23842.0

16202.0
7817.0
723.3
26464.7

19286.8
19230.4
56.4
17483.6
1803.2
17843.7
1480.0
229.7
1250.3
82.3
0.0
0.0

11686.2
11623.4
62.8
10747.3
938.9
10969.2
739.2
453.5
285.7
48.8
465.8
0.0

17216.5
17161.5
55.0
15270.5
1946.0
15656.1
2780.3
931.9
1848.4
262.2
0.0
0.0

16330.4
16267.9
62.5
14699.9
1630.5
15145.6
2694.3
925.7
1768.6
132.5
0.0
0.0

21557.3
21447.4
109.9
19370.6
2186.7
19924.2
2980.4
870.9
2109.5
262.9
0.0
500.0

22059.6
21978.3
81.3
19748.6
2311.0
20323.8
3313.4
1387.3
1926.1
94.4
0.0
0.0

5562.7
1168.0
4394.7

331.6
-228.9
560.5

-381.2
1586.2
-1967.4

746.1
1636.1
-890.0

1117.6
1846.6
-729.0

2891.0
1831.7
1059.3

2001.0
6395.7

367.0
927.5

2404.1
436.7

2403.3
1513.3

2589.6
1860.6

2555.0
3614.3

53.0
187.1
139.4
198.3
6.7
21.0
31.3
201.7
92.5
15.5
1.2
2.6
6.6
1.1
20.0

50.2
196.4
133.3
180.4
1.5
-69.0
39.6
219.0
93.9
61.4
3.9
4.4
17.1
0.9
4.2

41.6
199.8
170.1
141.8
9.9
-416.1
550.5
249.7
90.9
33.5
5.4
12.4
14.2
0.9
23.8

35.1
198.1
160.5
127.0
8.6
219.3
158.8
293.0
92.7
34.4
5.7
13.8
7.5
0.7
19.4

36.9
187.5
139.6
149.8
8.8
165.2
139.2
307.4
92.4
29.2
4.0
11.0
12.5
0.6
22.1

34.2
220.8
186.3
123.2
7.3
63.4
70.7
381.9
92.1
41.9
6.3
17.5
4.9
0.7
16.2

0.0
6.5
4.0
3.8
10.1
103.2
100.0
41.6
20.2

50.9
6.9
2.4
0.9
0.8
6.9
61.3
-77.5
-39.4
21.9

0.0
0.0
10.7
6.0
5.1
9.7
91.8
566.7
47.3
25.0

0.0
0.0
10.8
5.7
5.3
9.9
79.1
-5.0
-5.1
29.3

0.0
0.0
9.8
6.8
5.9
9.9
90.4
19.3
32.0
30.7

0.0
0.0
8.7
6.2
5.9
9.6
83.4
-8.8
2.3
38.2

Indus Polyester Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

248

2004

2005

2006

2007

2008

2009

123.6
124.6
248.2
0.0
0.0
0.0
0.0
248.2

123.6
96.3
219.9
0.0
0.0
0.0
0.0
219.9

123.6
87.9
211.5
0.0
0.0
0.0
0.0
211.5

123.6
76.6
200.2
0.0
0.0
0.0
0.0
200.2

123.6
56.2
179.8
0.0
0.0
0.0
0.0
179.8

123.6
56.2
179.8
0.0
0.0
0.0
0.0
179.8

1.4
1.4
0.0
13.5
20.2
35.1
71.3
71.3
-36.2
0.0
-69.9

0.2
0.2
0.0
3.4
14.0
17.6
66.9
66.9
-49.3
0.0
-66.7

0.4
0.4
0.0
11.3
1.9
13.6
58.0
58.0
-44.4
0.0
-57.6

0.2
0.2
0.0
16.8
1.4
18.4
55.4
55.4
-37.0
0.0
-55.2

0.2
0.2
0.0
0.0
0.1
0.3
57.7
57.7
-57.4
0.0
-57.5

0.2
0.2
0.0
0.0
0.1
0.3
57.7
57.7
-57.4
0.0
-57.5

463.6
284.5
0.0
319.6

460.2
269.2
13.9
286.8

460.1
256.0
13.2
269.6

447.2
237.2
12.2
255.6

447.7
237.2
168.8
237.5

447.7
237.2
168.8
237.5

133.8
132.8
1.0
149.0
-15.2
155.4
-20.1
0.1
-20.2
0.5
0.0
0.0

34.6
34.3
0.3
61.6
-27.0
63.6
-28.2
0.0
-28.2
0.1
0.0
0.0

28.2
28.2
0.0
37.0
-8.8
38.5
-10.3
0.0
-10.3
0.1
0.0
0.0

0.5
0.5
0.0
14.4
-13.9
16.0
-15.5
0.0
-15.5
0.0
0.0
0.0

0.0
0.0
0.0
1.9
-1.9
120.0
-120.0
0.0
-120.0
0.0
0.0
0.0

0.0
0.0
0.0
1.9
-1.9
120.0
-120.0
0.0
-120.0
0.0
0.0
0.0

-71.7
-20.7
-51.0

-28.3
-28.3
0.0

-8.4
-10.4
2.0

-11.3
-15.5
4.2

-20.4
-120.0
99.6

0.0
-120.0
120.0

-20.7
-71.7

-14.4
-14.4

2.8
4.8

-3.3
0.9

48.8
148.4

48.8
168.8

0.0
49.2
20.9
28.7
-6.3
200.8
116.1
0.1
1.3
-8.1

0.0
26.3
5.4
30.4
-9.8
177.9
183.8
0.0
3.5
-12.8

0.0
23.4
20.2
27.4
-3.8
123.8
58.3
171.1
136.5
0.0
0.0
0.0
-1.0
0.7
-4.9

0.0
33.2
30.7
27.7
-6.1
137.2
-366.7
162.0
3200.0
0.0
0.0
0.0
0.0
0.0
-7.7

0.0
0.5
0.3
32.1
-50.5
588.2
32.9
145.5
0.0
0.0
0.0
0.0
0.0
0.0
-66.7

0.0
0.5
0.3
32.1
-50.5
0.0
28.9
145.5
0.0
0.0
0.0
0.0
0.0
0.0
-66.7

0.0
-15.1
-1.6
-1.7
0.0
41.9
-42.9
-19.9
20.1

0.0
-81.5
-2.3
-2.3
4.9
12.1
43.8
-74.1
17.8

0.0
0.0
-36.5
-0.8
-0.8
4.9
10.5
-65.2
-18.5
17.1

0.0
0.0
-3100.0
-1.3
-1.3
4.8
0.2
62.5
-98.2
16.2

0.0
0.0
0.0
-9.7
-9.7
71.2
0.0
646.2
-100.0
14.5

0.0
0.0
0.0
-9.7
-9.7
71.2
0.0
0.0
14.5

Kashmir Polytex Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

249

2004

2005

2006

2007

2008

2009

71.0
-139.3
-68.3
0.0
0.0
197.4
197.4
129.1

71.0
-58.5
12.5
0.0
0.0
127.4
127.4
139.9

71.0
-206.7
-135.7
0.0
0.0
104.5
104.5
-31.2

71.0
-246.4
-175.4
0.0
0.0
55.7
55.7
-119.7

71.0
-246.4
-175.4
0.0
0.0
55.7
55.7
-119.7

71.0
-246.4
-175.4
0.0
0.0
55.7
55.7
-119.7

3.0
3.0
0.0
40.3
79.2
122.5
154.2
351.6
-31.7
229.3
-151.2

5.3
5.3
0.0
36.7
87.1
129.1
139.1
266.5
-10.0
217.6
-133.8

5.1
5.1
0.0
50.6
69.7
125.4
291.7
396.2
-166.3
233.7
-286.6

1.6
1.6
0.0
54.2
4.9
60.7
207.6
263.3
-146.9
94.2
-206.0

1.6
1.6
0.0
54.2
4.9
60.7
207.6
263.3
-146.9
94.2
-206.0

1.6
1.6
0.0
54.2
4.9
60.7
207.6
263.3
-146.9
94.2
-206.0

270.6
160.9
12.7
283.4

271.8
149.9
11.6
279.0

294.1
135.1
8.4
260.5

27.3
27.3
2.2
88.0

27.3
27.3
2.2
88.0

27.3
27.3
2.2
88.0

192.2
56.2
136.0
153.5
38.7
191.9
3.9
3.7
0.2
0.9
0.0
0.0

251.8
112.4
139.4
218.6
33.2
262.0
-2.8
5.4
-8.2
1.2
0.0
0.0

230.8
146.7
84.1
230.8
0.0
268.9
-36.1
9.1
-45.2
1.1
0.0
0.0

83.8
66.6
17.2
116.0
-32.2
133.1
-13.2
8.6
-21.8
0.5
0.0
0.0

83.8
66.6
17.2
116.0
-32.2
133.1
-13.2
8.6
-21.8
0.5
0.0
0.0

83.8
66.6
17.2
116.0
-32.2
133.1
-13.2
8.6
-21.8
0.5
0.0
0.0

-5.3
-0.7
-4.6

10.8
-9.4
20.2

-171.1
-46.3
-124.8

-88.5
-22.3
-66.2

0.0
-22.3
22.3

0.0
-22.3
22.3

12.0
7.4

2.2
22.4

-37.9
-162.7

-20.1
-86.3

-20.1
2.2

-20.1
2.2

152.9
79.4
28.1
0.1
162.2
-96.2
99.8
94.9
1.9
1.6
450.0
2.0
-

91.1
92.8
30.2
2132.0
-2.9
-87.0
9.8
17.6
104.1
2.1
2.5
0.7
-65.6

0.0
43.0
19.1
0.0
-17.4
27.1
23.3
-191.1
116.5
-25.2
3.9
3.9
-2.4
4.6
0.0

0.0
29.2
26.9
0.0
-24.8
25.2
23.3
-247.0
158.8
-65.2
10.3
9.1
-2.3
1.9
0.0

0.0
29.2
26.9
0.0
-24.8
0.0
-913.6
-247.0
158.8
-65.2
10.3
9.1
-2.3
1.9
0.0

0.0
29.2
26.9
0.0
-24.8
0.0
-913.6
-247.0
158.8
-65.2
10.3
9.1
-2.3
1.9
0.0

0.1
0.0
-0.1
7.3
67.8
-100.0
30.7
-9.6

0.0
-3.3
-1.2
-1.3
7.2
90.3
0.0
31.0
1.8

0.0
0.0
-19.6
-6.4
-6.5
5.5
88.6
433.3
-8.3
-19.1

0.0
0.0
-26.0
-3.1
-3.1
1.6
95.2
-51.6
-63.7
-24.7

0.0
0.0
-26.0
-3.1
-3.1
1.6
95.2
0.0
0.0
-24.7

0.0
0.0
-26.0
-3.1
-3.1
1.6
95.2
0.0
0.0
-24.7

Liberty Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

250

2004

2005

2006

2007

2008

2009

205.5
421.7
627.2
0.0
0.0
210.0
210.0
837.2

205.5
647.8
853.3
0.0
0.0
260.3
260.3
1113.6

226.1
621.9
848.0
0.0
0.0
146.6
146.6
994.6

226.1
950.1
1176.2
0.0
0.0
122.4
122.4
1298.6

226.1
1246.6
1472.7
0.0
0.0
214.9
214.9
1687.6

226.1
1775.1
2001.2
0.0
0.0
139.3
139.3
2140.5

62.2
59.9
2.3
624.6
313.4
1000.2
1092.9
1302.9
-92.7
942.8
-1030.7

50.3
47.8
2.5
813.4
504.7
1368.4
1339.5
1599.8
28.9
788.6
-1289.2

158.8
158.3
0.5
716.2
558.3
1433.3
1719.4
1866.0
-286.1
934.9
-1560.6

141.4
139.2
2.2
970.8
596.3
1708.5
1679.9
1802.3
28.6
898.9
-1538.5

140.8
137.8
3.0
1132.6
748.5
2021.9
1634.5
1849.4
387.4
1252.8
-1493.7

1118.6
575.6
543.0
1384.1
783.2
3285.9
2389.7
2529.0
896.2
1862.4
-1271.1

1605.0
930.1
89.4
1930.3

1660.4
1084.9
87.0
2453.3

2131.4
1280.8
94.6
2714.1

2009.6
1269.9
108.1
2978.4

2301.4
1300.2
109.8
3322.1

2387.7
1244.2
122.2
4530.1

2820.4
597.1
2223.3
2431.8
388.6
2598.3
226.6
28.5
198.1
24.5
51.4
0.0

3126.8
854.7
2272.1
2685.8
441.0
2869.5
263.8
38.9
224.9
24.8
30.8
20.6

3783.8
1128.4
2655.4
3265.3
518.5
3473.4
311.9
68.7
243.2
46.1
45.2
0.0

4428.2
1014.5
3413.7
3790.3
637.9
4044.5
395.5
66.9
328.6
52.2
45.2
0.0

4602.1
946.5
3655.6
3839.2
762.9
4161.6
474.2
94.9
379.3
46.8
33.9
0.0

5228.5
1003.9
4224.6
4326.0
902.5
4621.7
781.9
154.0
627.9
65.7
113.1
0.0

209.9
122.2
87.7

276.4
169.3
107.1

-119.0
151.9
-270.9

304.0
231.2
72.8

389.0
298.6
90.4

452.9
449.1
3.8

211.6
299.3

256.3
363.4

246.5
-24.4

339.3
412.1

408.4
498.8

571.3
575.1

25.1
91.5
62.8
207.7
10.3
58.2
70.7
305.2
92.1
12.6
1.0
3.0
12.4
15.8
31.6

23.4
102.2
64.5
187.5
9.2
61.3
70.5
415.2
91.8
14.7
1.2
4.9
11.0
21.0
26.4

14.7
83.4
50.9
220.0
9.0
-127.6
-1010.2
375.1
91.8
22.0
1.8
7.3
19.0
14.5
28.7

9.4
101.7
66.2
153.2
11.0
76.1
82.3
520.2
91.3
16.9
1.5
7.4
15.9
15.8
27.9

12.7
123.7
77.9
125.6
11.4
76.8
81.9
651.3
90.4
20.0
2.1
7.6
12.3
18.6
25.8

6.5
137.5
104.7
126.4
13.9
99.2
99.3
885.1
88.4
19.7
2.9
8.3
10.5
9.5
31.4

337.7
8.2
7.0
9.6
8.4
10.0
146.1
-11.9
-1.1
30.5

649.7
3.6
7.2
10.9
9.7
9.4
127.5
13.5
10.9
41.5

436.1
5.3
6.4
10.8
8.7
8.7
139.4
-0.9
21.0
37.5

611.5
3.8
7.4
14.5
12.2
8.5
148.7
34.3
17.0
52.0

980.8
2.3
8.2
16.8
14.7
8.6
138.5
15.9
3.9
65.1

497.1
5.7
12.0
27.8
24.9
9.4
115.4
65.5
13.6
88.5

Moonlite (Pak) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

251

2004

2005

2006

2007

2008

2009

21.6
1.2
22.8
0.0
0.0
120.9
120.9
143.7

21.6
62.9
84.5
0.0
0.0
102.8
102.8
187.3

21.6
32.1
53.7
0.0
0.0
75.3
75.3
129.0

21.6
243.8
265.4
0.0
0.0
0.0
0.0
265.4

21.6
243.8
265.4
0.0
0.0
0.0
0.0
265.4

21.6
193.5
215.1
0.0
0.0
0.0
0.0
215.1

3.0
3.0
0.0
69.7
164.1
236.8
141.8
262.7
95.0
195.6
-138.8

0.6
0.6
0.0
68.9
176.2
245.7
167.9
270.7
77.8
216.3
-167.3

0.7
0.7
0.0
58.4
152.9
212.0
184.6
259.9
27.4
196.7
-183.9

2.9
2.9
0.0
73.9
126.8
203.6
21.1
21.1
182.5
0.0
-18.2

2.9
2.9
0.0
73.9
126.8
203.6
21.1
21.1
182.5
0.0
-18.2

2.2
0.4
1.8
52.8
108.7
163.7
52.8
52.8
110.9
16.5
-50.6

171.7
48.7
5.5
285.5

237.7
109.5
6.0
355.2

237.2
101.7
8.1
313.7

158.1
82.9
5.2
286.5

158.1
82.9
5.2
286.5

232.1
104.3
7.9
268.0

240.4
219.6
20.8
205.9
34.5
228.8
15.7
8.7
7.0
1.2
0.0
0.0

320.3
246.8
73.5
271.0
49.3
303.5
18.0
11.7
6.3
1.5
0.0
0.0

249.6
176.8
72.8
221.3
28.3
253.3
-4.6
16.4
-21.0
2.5
0.0
0.0

156.6
141.8
14.8
152.2
4.4
175.4
216.0
4.7
211.3
0.9
0.0
0.0

156.6
141.8
14.8
152.2
4.4
175.4
216.0
4.7
211.3
0.9
0.0
0.0

105.3
105.3
0.0
114.7
-9.4
133.7
-28.3
2.0
-30.3
0.0
1.1
0.0

-32.5
5.8
-38.3

43.6
4.8
38.8

-58.3
-23.5
-34.8

136.4
210.4
-74.0

0.0
210.4
-210.4

-50.3
-31.4
-18.9

11.3
-27.0

10.8
49.6

-15.4
-50.2

215.6
141.6

215.6
5.2

-23.5
-42.4

84.1
167.0
51.3
1152.2
2.5
105.6
95.2
55.4
3.6
4.4
17.1
25.2
30.7

54.9
146.3
41.4
320.4
1.8
11.0
21.8
391.2
94.8
65.0
3.7
5.4
23.8
19.9
7.5

58.4
114.8
32.0
484.0
-6.7
40.3
30.7
248.6
101.5
-356.5
6.6
8.3
-11.9
19.1
-39.1

0.0
964.9
364.0
8.0
73.8
154.3
152.3
1228.7
112.0
2.2
3.0
0.0
0.4
37.2
79.6

0.0
964.9
364.0
8.0
73.8
0.0
4146.2
1228.7
112.0
2.2
3.0
0.0
0.4
37.2
79.6

0.0
310.0
104.2
24.5
-11.3
62.4
55.4
995.8
127.0
-7.1
1.9
12.1
0.0
42.7
-14.1

0.0
2.9
3.2
2.7
10.5
84.2
-17.9
-11.5
10.6

0.0
2.0
2.9
2.2
12.3
90.2
-9.4
33.2
39.1

0.0
0.0
-8.4
-9.7
-10.9
7.4
79.6
-434.5
-22.1
24.9

0.0
0.0
134.9
97.8
97.4
5.1
54.7
-1108.2
-37.3
122.9

0.0
0.0
134.9
97.8
97.4
5.1
54.7
0.0
0.0
122.9

-2754.5
0.5
-28.8
-14.0
-14.0
7.0
39.3
-114.3
-32.8
99.6

Noor Silk Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

252

2004

2005

2006

2007

2008

2009

4.0
-16.3
-12.3
0.0
0.0
0.0
0.0
-12.3

4.0
-16.0
-12.0
0.0
0.0
0.0
0.0
-12.0

4.0
-16.1
-12.1
0.0
0.0
0.0
0.0
-12.1

4.0
-16.1
-12.1
0.0
0.0
0.0
0.0
-12.1

4.0
-14.9
-10.9
0.0
0.0
0.0
0.0
-10.9

4.0
-14.4
-10.4
0.0
0.0
0.0
0.0
-10.4

0.4
0.4
0.0
0.4
0.0
0.8
13.5
13.5
-12.7
0.0
-13.1

0.8
0.8
0.0
0.4
0.0
1.2
13.5
13.5
-12.3
0.0
-12.7

1.1
1.1
0.0
0.3
0.0
1.4
13.8
13.8
-12.4
0.0
-12.7

0.9
0.9
0.0
0.3
0.0
1.2
13.6
13.6
-12.4
0.0
-12.7

1.4
1.4
0.0
0.5
0.0
1.9
12.9
12.9
-11.0
0.0
-11.5

1.6
1.6
0.0
0.5
0.0
2.1
12.6
12.6
-10.5
0.0
-11.0

13.0
0.4
0.0
1.2

13.0
0.4
0.0
1.6

3.1
0.3
0.1
1.7

3.0
0.3
0.0
1.5

2.8
0.1
2.7
2.0

2.8
0.1
0.0
2.2

0.0
0.0
0.0
0.0
0.0
0.7
0.4
0.0
0.4
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.7
0.4
0.0
0.4
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.9
0.3
0.0
0.3
0.3
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.2
0.0
0.0
0.0
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.9
1.3
0.0
1.3
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.0
0.6
0.0
0.6
0.1
0.0
0.0

0.2
0.3
-0.1

0.3
0.2
0.1

-0.1
0.0
-0.1

0.0
-0.1
0.1

1.2
1.2
0.0

0.5
0.5
0.0

0.3
0.2

0.2
0.3

0.1
0.0

-0.1
0.0

3.9
3.9

0.5
0.5

5.9
5.9
33.3
150.0
150.0
-307.5
0.0
25.0
-

8.9
8.9
25.0
66.7
66.7
-300.0
0.0
50.0
-

0.0
10.1
10.1
0.0
17.6
0.0
0.0
-302.5
0.0
0.0
0.0
0.0
100.0
0.0
0.0

0.0
8.8
8.8
0.0
0.0
0.0
0.0
-302.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
14.7
14.7
0.0
65.0
100.0
100.0
-272.5
0.0
0.0
0.0
0.0
7.7
0.0
0.0

0.0
16.7
16.7
0.0
27.3
100.0
100.0
-260.0
0.0
0.0
0.0
0.0
16.7
0.0
0.0

1.0
0.8
0.0
0.0
0.0
-30.8

1.0
0.5
0.0
0.0
0.0
-30.0

0.0
0.0
0.0
0.8
0.0
25.0
0.0
-20.0
-30.3

0.0
0.0
0.0
0.0
-0.3
0.0
0.0
-100.0
-30.3

0.0
0.0
0.0
3.3
3.0
2700.0
0.0
0.0
-27.3

0.0
0.0
0.0
1.5
1.3
0.0
0.0
-54.5
-26.0

Pakistan Synthetics Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

253

2004

2005

2006

2007

2008

2009

560.4
547.5
1107.9
0.0
0.0
0.0
0.0
1107.9

560.4
465.4
1025.8
0.0
0.0
0.0
0.0
1025.8

560.4
422.3
982.7
0.0
0.0
0.0
0.0
982.7

560.4
290.2
850.6
0.0
0.0
67.4
67.4
918.0

560.4
296.1
856.5
0.0
0.0
50.0
50.0
906.5

560.4
338.4
898.8
0.0
0.0
0.0
0.0
898.8

66.0
66.0
0.0
412.9
308.8
787.7
248.8
248.8
538.9
70.0
-182.8

32.2
32.2
0.0
366.7
411.5
810.4
276.0
276.0
534.4
60.0
-243.8

11.7
11.7
0.0
413.6
413.1
838.4
309.8
309.8
528.6
40.8
-298.1

3.6
3.6
0.0
473.0
294.6
771.2
356.5
423.9
414.7
141.6
-352.9

15.0
15.0
0.0
571.9
683.2
1270.1
789.3
839.3
480.8
234.1
-774.3

121.0
121.0
0.0
493.7
326.7
941.4
403.3
403.3
538.1
41.2
-282.3

1889.5
569.1
71.7
1356.8

1877.9
491.3
77.1
1301.7

1892.1
454.1
76.4
1292.5

1942.4
503.1
84.3
1274.3

1953.6
425.7
98.3
1695.8

1991.0
360.7
103.4
1302.1

2225.7
2223.0
2.7
2136.7
89.0
2174.9
53.5
6.2
47.3
14.3
0.0
0.0

1927.1
1891.2
35.9
1937.1
-10.0
1983.2
-50.2
8.7
-58.9
8.4
0.0
0.0

1873.0
1873.0
0.0
1797.5
75.5
1849.2
36.3
9.3
27.0
0.7
56.0
0.0

1559.6
1559.6
0.0
1601.2
-41.6
1656.7
-92.8
10.0
-102.8
7.8
0.0
0.0

2284.3
2284.3
0.0
2162.8
121.5
2243.7
42.4
19.0
23.4
11.4
0.0
0.0

2452.6
2452.6
0.0
2311.0
141.6
2379.7
82.0
19.3
62.7
14.8
7.0
0.0

35.9
33.0
2.9

-82.1
-67.3
-14.8

-43.1
-29.7
-13.4

-64.7
-110.6
45.9

-11.5
12.0
-23.5

-7.7
40.9
-48.6

104.7
107.6

9.8
-5.0

46.7
33.3

-26.3
19.6

110.3
86.8

144.3
95.7

0.0
316.6
192.5
22.5
3.5
91.9
97.3
197.7
97.7
11.6
0.3
8.9
30.2
10.9
4.3

0.0
293.6
144.5
26.9
-4.5
183.0
102.9
0.5
14.5
14.3
-5.7

0.0
270.6
137.3
31.5
2.1
68.9
140.2
175.4
98.7
25.6
0.5
22.8
2.6
13.2
2.7

7.3
216.3
133.7
49.8
-8.1
170.9
-134.2
151.8
106.2
-10.8
0.6
7.1
-7.6
18.7
-12.1

5.5
160.9
74.4
98.0
1.4
-104.3
127.1
152.8
98.2
44.8
0.8
8.1
48.7
15.6
2.7

0.0
233.4
152.4
44.9
4.8
-531.2
150.8
160.4
97.0
23.5
0.8
46.8
23.6
13.5
7.0

0.0
2.1
0.8
0.6
13.7
164.0
-52.9
6.7
19.8

0.0
-3.1
-1.1
-1.2
13.5
148.0
-237.5
-13.4
18.3

47.0
5.7
1.4
0.5
0.5
15.6
144.9
-145.5
-2.8
17.5

0.0
0.0
-6.6
-1.8
-2.0
18.6
122.4
-460.0
-16.7
15.2

0.0
0.0
1.0
0.4
0.2
19.5
134.7
-122.2
46.5
15.3

684.3
0.8
2.6
1.1
0.9
24.3
188.4
175.0
7.4
16.0

Rupali Polyester Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

254

2004

2005

2006

2007

2008

2009

340.7
1542.9
1883.6
0.0
0.0
0.0
0.0
1883.6

340.7
1808.8
2149.5
0.0
0.0
0.0
0.0
2149.5

340.7
1866.2
2206.9
0.0
0.0
0.0
0.0
2206.9

340.7
1708.3
2049.0
0.0
0.0
0.0
0.0
2049.0

340.7
1794.2
2134.9
0.0
0.0
279.7
279.7
2414.6

340.7
1888.6
2229.3
0.0
0.0
0.0
0.0
2229.3

767.7
767.7
0.0
251.5
756.5
1775.7
363.7
363.7
1412.0
0.0
404.0

620.7
560.6
60.1
167.1
899.0
1686.8
204.0
204.0
1482.8
0.0
416.7

481.3
403.9
77.4
204.1
978.2
1663.6
197.3
197.3
1466.3
0.0
284.0

546.0
458.1
87.9
462.5
774.4
1782.9
677.8
677.8
1105.1
0.0
-131.8

458.4
366.6
91.8
599.1
881.3
1938.8
516.9
796.6
1421.9
279.7
-58.5

619.4
527.3
92.1
523.5
607.6
1750.5
493.3
493.3
1257.2
0.0
126.1

1880.3
471.5
49.6
2247.2

1872.1
666.8
45.2
2353.6

2245.9
740.7
61.7
2404.3

2422.5
944.0
71.2
2726.9

2594.3
992.5
85.8
2931.3

2637.2
972.2
88.1
2722.7

3794.1
3745.4
48.7
3452.3
341.8
3561.4
307.9
3.2
304.7
111.9
136.3
0.0

4138.1
4121.4
16.7
3867.2
270.9
3980.2
260.6
1.8
258.8
97.1
136.3
0.0

3538.0
3538.0
0.0
3365.2
172.8
3456.6
170.2
1.1
169.1
12.7
102.2
0.0

4130.7
4104.6
26.1
3925.6
205.1
4037.8
167.8
2.7
165.1
19.9
85.2
0.0

4241.0
4241.0
0.0
3982.8
258.2
4097.8
229.8
2.2
227.6
56.4
102.2
0.0

4237.3
4237.3
0.0
3937.5
299.8
4062.3
264.3
3.2
261.1
91.0
136.3
0.0

-43.2
56.5
-99.7

265.9
25.4
240.5

57.4
54.2
3.2

-157.9
60.0
-217.9

365.6
69.0
296.6

-185.3
33.8
-219.1

106.1
6.4

70.6
311.1

115.9
119.1

131.2
-86.7

154.8
451.4

121.9
-97.2

0.0
488.2
280.2
19.3
13.6
1657.8
552.9
93.9
1.0
0.1
36.7
0.4
16.2

0.0
826.9
386.2
9.5
11.0
9.6
22.7
630.9
96.2
0.7
0.0
37.5
0.2
12.0

0.0
843.2
347.4
8.9
7.0
94.4
97.3
647.8
97.7
0.6
0.0
0.0
7.5
0.3
7.7

0.0
263.0
148.8
33.1
6.1
-38.0
-151.3
601.4
97.8
1.6
0.1
0.0
12.1
0.4
8.1

11.6
375.1
204.6
37.3
7.8
18.9
34.3
626.6
96.6
1.0
0.1
0.8
24.8
0.1
10.7

0.0
354.9
231.7
22.1
9.6
-18.2
-125.4
654.3
95.9
1.2
0.1
0.0
34.9
0.1
11.7

141.5
7.2
8.0
8.9
5.7
9.6
168.8
134.2
24.2
55.3

118.6
6.3
6.3
7.6
4.7
9.6
175.8
-14.6
9.1
63.1

153.0
4.6
4.8
5.0
4.6
9.3
147.2
-34.2
-14.5
64.8

170.4
4.2
4.0
4.8
4.3
9.6
151.5
-4.0
16.8
60.1

167.5
4.8
5.4
6.7
5.0
9.1
144.7
39.6
2.7
62.7

124.8
6.1
6.2
7.7
5.0
8.9
155.6
14.9
-0.1
65.4

S.G. Fibres Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

255

2004

2005

2006

2007

2008

2009

150.0
279.9
429.9
0.0
0.0
219.5
219.5
649.4

150.0
323.4
473.4
0.0
0.0
80.6
80.6
554.0

150.0
321.9
471.9
0.0
0.0
83.9
83.9
555.8

150.0
-21.5
128.5
0.0
0.0
302.3
302.3
430.8

150.0
-407.3
-257.3
0.0
0.0
353.0
353.0
95.7

150.0
-74.6
75.4
0.0
0.0
302.3
302.3
377.7

6.5
6.5
0.0
372.3
264.9
643.7
871.8
1091.3
-228.1
401.6
-865.3

0.2
0.2
0.0
276.7
363.1
640.0
989.1
1069.7
-349.1
351.5
-988.9

1.6
1.6
0.0
397.7
329.6
728.9
1040.9
1124.8
-312.0
317.5
-1039.3

3.0
3.0
0.0
328.8
25.2
357.0
751.2
1053.5
-394.2
302.3
-748.2

1.0
1.0
0.0
297.1
23.4
321.5
1008.6
1361.6
-687.1
353.0
-1007.6

1.7
1.7
0.0
93.5
6.8
102.0
467.2
769.5
-365.2
302.3
-465.5

1748.0
877.5
84.9
1521.2

1819.0
903.2
46.3
1543.2

1820.6
867.8
46.5
1596.7

1822.9
825.0
45.1
1182.0

1822.9
782.8
42.2
1104.3

1820.3
743.0
39.5
845.0

1265.6
1144.2
121.4
1095.4
170.2
1229.1
49.7
32.8
16.9
4.9
0.0
0.0

1322.6
1165.6
157.0
1193.6
129.0
1249.0
87.9
38.5
49.4
5.1
0.0
0.0

1005.3
811.4
193.9
843.0
162.3
912.2
102.1
44.3
57.8
5.0
0.0
0.0

384.3
351.8
32.5
649.3
-265.0
688.2
-301.6
35.6
-337.2
1.2
0.0
0.0

0.0
0.0
0.0
37.4
-37.4
49.0
-46.2
2.1
-48.3
0.0
0.0
0.0

0.0
0.0
0.0
33.5
-33.5
44.5
-44.3
0.0
-44.3
0.0
0.0
0.0

153.8
12.0
141.8

-95.4
44.3
-139.7

1.8
52.8
-51.0

-125.0
-338.4
213.4

-335.1
-48.3
-286.8

282.0
-44.3
326.3

96.9
238.7

90.6
-49.1

99.3
48.3

-293.3
-79.9

-6.1
-292.9

-4.8
321.5

33.8
73.8
43.5
253.8
1.1
7.8
40.6
286.6
97.1
66.0
2.6
8.2
29.0
10.5
3.9

14.5
64.7
28.0
226.0
3.2
315.6
94.4
43.8
2.9
11.0
10.3
8.5
10.4

15.1
70.0
38.4
238.4
3.6
2933.3
205.6
314.6
90.7
43.4
4.4
14.0
8.7
9.8
12.2

70.2
47.5
44.2
819.8
-28.5
270.7
367.1
85.7
179.1
-11.8
9.3
11.8
-0.4
0.5
-262.4

368.9
31.9
29.6
0.0
-4.4
14.4
2.1
-171.5
0.0
-4.5
0.0
0.6
0.0
0.0
0.0

80.0
21.8
20.4
1020.6
-5.2
-15.7
-1.5
50.3
0.0
0.0
0.0
0.0
0.0
0.0
-58.8

0.0
1.3
1.1
0.8
9.4
83.2
-125.6
6.9
28.7

0.0
3.7
3.3
3.0
5.3
85.7
200.0
4.5
31.6

0.0
0.0
5.7
3.9
3.5
5.1
63.0
18.2
-24.0
31.5

0.0
0.0
-87.7
-22.5
-22.6
5.2
32.5
-676.9
-61.8
8.6

0.0
0.0
0.0
-3.2
-3.2
5.1
0.0
-85.8
-100.0
-17.2

0.0
0.0
0.0
-3.0
-3.0
5.0
0.0
-6.3
5.0

The National Silk & Rayon Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

256

2004

2005

2006

2007

2008

2009

11.1
56.7
67.8
0.0
0.0
0.0
0.0
67.8

11.1
64.9
76.0
0.0
0.0
5.3
5.3
81.3

11.1
63.2
74.3
0.0
0.0
6.4
6.4
80.7

11.1
54.1
65.2
0.0
0.0
11.8
11.8
77.0

11.1
62.4
73.5
0.0
0.0
11.2
11.2
84.7

11.1
58.8
69.9
0.0
0.0
3.6
3.6
73.5

3.3
3.3
0.0
29.3
15.6
48.2
102.8
102.8
-54.6
24.4
-99.5

2.9
2.9
0.0
43.8
20.4
67.1
113.1
118.4
-46.0
38.3
-110.2

1.1
1.1
0.0
48.4
22.5
72.0
129.7
136.1
-57.7
40.8
-128.6

1.7
1.7
0.0
41.7
17.8
61.2
133.7
145.5
-72.5
31.3
-132.0

9.3
9.3
0.0
62.6
29.4
101.3
188.3
199.5
-87.0
38.3
-179.0

1.9
1.9
0.0
48.1
23.8
73.8
157.4
161.0
-83.6
8.2
-155.5

186.8
122.5
6.8
170.7

200.6
127.3
9.1
194.4

220.4
138.5
9.3
210.5

240.8
149.5
11.9
210.7

268.8
171.7
11.2
273.0

253.7
157.2
13.5
231.0

235.9
234.7
1.2
5.6
230.3
23.0
213.7
1.9
211.8
214.9
1.3
0.0

270.3
266.3
4.0
242.5
27.8
261.0
9.9
3.7
6.2
1.2
1.3
0.0

278.3
261.8
16.5
251.8
26.5
272.9
6.0
5.3
0.7
1.5
1.1
0.0

303.0
0.0
303.0
279.5
23.5
296.6
8.3
7.7
0.6
1.5
0.0
0.0

321.1
0.0
321.1
300.6
20.5
315.8
9.2
6.1
3.1
1.6
0.0
0.0

390.8
0.0
390.8
372.0
18.8
393.3
3.1
3.8
-0.7
0.2
0.0
0.0

3.3
-4.4
7.7

13.5
3.7
9.8

-0.6
-1.9
1.3

-3.7
-0.9
-2.8

7.7
1.5
6.2

-11.2
-0.9
-10.3

2.4
10.1

12.8
22.6

7.4
8.7

11.0
8.2

12.7
18.9

12.6
2.3

0.0
46.9
31.7
151.6
124.1
-133.3
23.8
610.8
9.7
0.9
0.8
7.8
101.5
9.2
312.4

6.5
59.3
41.3
155.8
3.2
27.4
56.6
684.7
96.6
37.4
1.4
9.7
19.4
10.9
8.2

7.9
55.5
38.2
183.2
0.3
316.7
85.1
669.4
98.1
88.3
1.9
13.0
214.3
13.3
0.9

15.3
45.8
32.5
223.2
0.3
24.3
134.1
587.4
97.9
92.8
2.5
24.6
250.0
8.0
0.9

13.2
53.8
38.2
271.4
1.1
19.5
67.2
662.2
98.3
66.3
1.9
15.9
51.6
8.5
4.2

4.9
46.9
31.8
230.3
-0.3
8.0
547.8
629.7
100.6
122.6
1.0
46.3
-28.6
6.0
-1.0

-238.5
1.9
89.8
190.8
-2.8
6.8
138.2
4047.8
8.8
61.1

384.6
1.7
2.3
5.6
4.5
7.4
139.0
-97.1
14.6
68.5

-72.7
1.5
0.3
0.6
-0.7
7.3
132.2
-89.3
3.0
66.9

0.0
0.0
0.2
0.5
-0.8
8.6
143.8
-16.7
8.9
58.7

0.0
0.0
1.0
2.8
1.4
7.5
117.6
460.0
6.0
66.2

0.0
0.0
-0.2
-0.6
-0.8
7.9
169.2
-121.4
21.7
63.0

Tri-Star Polyester Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

257

2004

2005

2006

2007

2008

2009

214.7
-166.0
48.7
0.0
169.6
35.0
204.6
253.3

214.7
-166.0
48.7
0.0
169.6
35.0
204.6
253.3

214.7
75.4
290.1
0.0
0.0
23.6
23.6
313.7

214.7
92.0
306.7
0.0
0.0
0.0
0.0
306.7

214.7
-37.2
177.5
0.0
0.0
0.0
0.0
177.5

214.7
-55.8
158.9
0.0
0.0
0.0
0.0
158.9

36.1
1.6
34.5
94.1
0.0
130.2
317.3
521.9
-187.1
204.6
-281.2

36.1
1.6
34.5
94.1
0.0
130.2
317.3
521.9
-187.1
204.6
-281.2

115.7
1.2
114.5
8.2
35.3
159.2
155.1
178.7
4.1
81.7
-39.4

150.4
0.0
150.4
15.1
4.9
170.4
162.7
162.7
7.7
0.0
-12.3

34.5
0.0
34.5
14.0
1.5
50.0
161.1
161.1
-111.1
15.8
-126.6

34.6
0.1
34.5
14.0
0.4
49.0
168.8
168.8
-119.8
0.0
-134.2

615.0
440.2
4.8
570.4

615.0
440.2
4.8
570.4

615.0
309.6
11.2
468.8

615.0
298.9
10.8
469.3

614.6
288.5
10.3
338.5

614.6
278.6
9.9
327.6

17.7
17.7
0.0
47.7
-30.0
88.4
-70.5
0.0
-70.5
0.0
0.0
0.0

17.7
17.7
0.0
47.7
-30.0
88.4
-70.5
0.0
-70.5
0.0
0.0
0.0

1.9
1.9
0.0
12.7
-10.8
13.8
-11.8
0.0
-11.8
0.0
0.0
0.0

29.1
29.1
0.0
34.3
-5.2
35.2
-6.0
0.0
-6.0
0.1
0.0
0.0

3.1
3.1
0.0
13.9
-10.8
14.8
-11.4
0.7
-12.1
0.0
0.0
0.0

1.6
1.6
0.0
11.1
-9.5
11.8
-10.1
0.0
-10.1
0.0
0.0
0.0

0.0
-70.5
70.5

0.0
-70.5
70.5

60.4
-11.8
72.2

-7.0
-6.1
-0.9

-129.2
-12.1
-117.1

-18.6
-10.1
-8.5

-65.7
4.8

-65.7
4.8

-0.6
71.6

4.7
3.8

-1.8
-118.9

-0.2
-8.7

80.8
41.0
41.0
1071.7
-12.4
-1368.8
22.7
499.4
0.0
0.0
5.6
-144.8

80.8
41.0
41.0
1071.7
-12.4
-1368.8
22.7
499.4
0.0
0.0
5.6
-144.8

7.5
102.6
79.9
61.6
-2.5
-19.5
-0.8
135.1
726.3
0.0
0.0
0.0
0.0
0.0
-4.1

0.0
104.7
101.7
53.0
-1.3
87.1
123.7
142.9
121.0
0.0
0.0
0.0
-1.7
0.3
-2.0

0.0
31.0
30.1
90.8
-3.6
9.4
1.5
82.7
477.4
-6.1
22.6
4.4
0.0
6.5
-6.8

0.0
29.0
28.8
106.2
-3.1
54.3
2.3
74.0
737.5
0.0
0.0
0.0
0.0
0.0
-6.4

0.0
-398.3
-3.3
-3.3
1.1
3.1
0.0
0.0
2.3

0.0
-398.3
-3.3
-3.3
1.1
3.1
0.0
0.0
2.3

0.0
0.0
-621.1
-0.5
-0.5
3.5
0.4
-84.8
-89.3
13.5

0.0
0.0
-20.6
-0.3
-0.3
3.5
6.2
-40.0
1431.6
14.3

0.0
0.0
-390.3
-0.6
-0.6
3.4
0.9
100.0
-89.3
8.3

0.0
0.0
-631.3
-0.5
-0.5
3.4
0.5
-16.7
-48.4
7.4

Al-Abid Silk Mills Ltd.

A-39, S.I.T.E. Manghopir Road, Karachi.

Management

Banker

Auditor

Mr. Naseem A.Sattar(Chairman & C.E.)

Arif Habib Bank Ltd.

M/s. Muniff Ziauddin & Co.

Mrs. Zarina Naseem(Director)

Allied Bank Limited

Mrs. Sadaf Nadeem(Director)

The Royal Bank of Scotland Ltd.

Mrs. Asra Amir(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mrs.Reena Azim(Director)

United Bank Ltd.

Mst. Adia Naseem(Director)

Meezan Bank Ltd.

Syed Raza Abbas Jaffari (NIT)(Director)

Habib Metropolitan Bank Ltd.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

20.57

Highest Price in

2009

Rs.

39.67

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

20.57

Ordinary Shares Bonus (%)

7.5

Average Price in

2009

Rs.

30.12

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Polyster

Bannu Woollen Mills Ltd.

Habibabad, Kohat, Khyber Pukhtoonkhua

Management

Banker

Mr. Raza Kuli Khan Khattak(Chairman)

Auditor

National Bank Of Pakistan

M/s. Hameed Chaudhri & Co.

Mr. Muhammad Azhar Khan(Chief Executive)

Dr. Shaheen Kuli Khan(Director)
Mr. Ahmad Kuli Khan Khattak(Director)
Lt. Gen. (Retd.) Ali Kuli Khan Khattak(Director)
Mr. Manzoor Ahmed Shaikh (NIT)(Director)
Mrs. Zeb Gohar Ayub(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.57

Percentage Dividend rate :

Highest Price in

2009

Rs.

54.60

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

30.34

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Yarn

Kgs

1,610,280

1,281,733

Cloth

Meters

1,634,798

1,521,667

258

Dewan Salman Fibre Ltd.

Dewan Centre, 58-Main Margalla Road, F-7/2, Islamabad.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chief Exec Standard Chartered Bank Ltd.

M/s. Faruq Ali & Co.

Dewan Asim Mushfiq Farooqui(Managing Directo The Hongkong & Shanghai Banking Corp. Ltd.
Dewan Abdul Baqi Farooqui(Director)

Royal Bank of Scottland

Dewan Abdullah Ahmed(Director)

Atlas Bank Ltd.

Mr. Haroon Iqbql(Director)

Albaraka Islamic Investment Bank Ltd.

Mr. Mansur-ul-Haque(Director)

KASB Bank Ltd.

Mr. Aziz-ul-Haque(Director)

Askari Commercial Bank Ltd.

Date of Annual General Meeting

02nd December , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.49

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.91

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.13

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

yarn

Capacity

Actual Production

266,660

25,808

Tons

Gatron (Industries) Ltd.

Room No. 32, 1st Floor, Ahmed Complex, Jinnah Road, Quetta.

Management

Banker

Auditor

Haji Haroon Bilwani(Chairman)

Standard Chartered Bank (Pakistan) Ltd.

Peer Mohammad Dewan(Chief Executive)

HSBC Bank Middle East Ltd.

Mr. Usman Bilwani(Director)

NIB Bank Ltd.

Mr. Zakaria Bilwani(Director)

The Royal Bank of Scotland Ltd.

Mr. Iqbal Bilwani(Director)

National Bank Of Pakistan

Mr. Shabbir Dewan(Director)

Citibank N.A.

Mr. Mohammad Arif Bilwani(Director)

Faysal Bank Ltd.

M/s. Hyder Bhimji & Co.

Date of Annual General Meeting

20th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

60.50

Highest Price in

2009

Rs.

82.00

Lowest Price in

2009

Rs.

32.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

42.63

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

Polyester yarn

M. Tons

56,812

57,117

Polyester P.E.T.

Th. Pieces

566,352

535,232

Electric Power & Steam

Thousand KWH

193,945

135,992

259

Ibrahim Fibres Ltd.

Ibrahim Centre, 1- Ahmed Block, New Garden Town, Lahore.

Management

Banker

Mr. Mohammad Naeem Mukhtar(Chairman)

Auditor

Citibank N.A.

M/s. Avais Hyder Liaquat Nauman

Mr. Mohammad Waseem Mukhtar(Chief Executi Bank Al-Habib Ltd.

Mrs. Bina Sheikh(Director)

Faysal Bank Ltd.

Mrs. Ghazala Naeem(Director)

Habib Bank Ltd.

Ms. Iqbal Begum(Director)

Standard Chartered Bank (Pakistan) Ltd.

Sheikh Mukhtar Ahmed(Director)

Bank Al-Falah Ltd.

Mr. Shahid Amin(Director)

United Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

29.81

Percentage Dividend rate :

Highest Price in

2009

Rs.

49.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

29.84

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

Capacity

Actual Production

41,696

48,343

208,600

178,981

Tons

Polyster

Indus Polyester Company Ltd.

B-54, S.I.T.E., Karachi.

Management

Banker

Shaikh Mohammad Yousuf(Chairman)

Allied Bank of Pakistan Ltd.

Mr. Naeem Akhtar Yousuf(Chief Executive)

MCB Bank Ltd

Auditor
M/s. Gardezi & Co.

Ms. Gul Naeem(Director)

Mr. Tariq Yousuf(Director)
Mrs. Kausar Naeem(Director)
Mrs. Nabila Tariq(Director)
Mrs. Zuhra Yousuf(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.74

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.59

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.85

Preference Shares(%)

Investment Yield%

Production Desc
Polyester yarn

, 2009

Units
Tons

260

Capacity

Actual Production

2,100

Kashmir Polytex Ltd.

Plot No. A/8-11, Industrial Estate, Mirpur, Azad Kashmir.

Management

Banker

Mr. Mohammad Ashraf Khan(Chief Executive)

Bank Al-Habib Ltd.

Dr. Mrs. Yasmin Ashraf(Director)

National Bank Of Pakistan

Mrs. Hareem Ara Hashmi(Director)

PICIC Commercial Bank Ltd.

Auditor
M/s Khalid Majid Rahman Sarfaraz Rahim Iqbal R

Mr. Khawaja Zafar Iqbal(Director)

Mr. Mushtaq Ahmad(Director)
Mr.Shehzad Akram(Director)
Mr. Muhammad Younus Khan(Director)
Date of Annual General Meeting

Face Value

Rs.

10.00

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.70

Preference Shares(%)

Investment Yield%

Year Ending :

30th June

Production Desc

, 2009

Units

PP products

Capacity

Rs. in thousands

Actual Production

2,800

Liberty Mills Ltd.

A-51/A, S.I.T.E., Karachi.

Management

Banker

Auditor

Mr. Salim N. Mukaty(Chairman)

Bank Al-Habib Ltd.

M/s. Hyder Bhimji & Co.

Mr. Ashraf Salim Mukaty(Chief Executive)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Luqman F Poonawala(Director)

Habib Metropolitan Bank Ltd.

Mr. Noor Muhammad Yusuf Mukaty(Director)

Habib Bank Ltd.

Mr. Mohammad Imran Shekhani(Director)

Soneri Bank Ltd.

Mr. Madni Gul Muhammad(Director)

Meezan Bank Ltd.

Mr. Yousuf N. Mukaty(Director)

Allied Bank Ltd.

Date of Annual General Meeting

17th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

51.86

Highest Price in

2009

Rs.

65.00

Lowest Price in

2009

Rs.

50.11

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

57.49

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Dyeing, Printing & Finishing

50

58

Units

Capacity

Actual Production

Meters

66,000,000

60,718,057

261

Moonlite (Pak) Ltd.

301, Anum Blessing, Near Duty Free Shop, K.C.H.S., Block 7/8, P.E.C.H.S. Karachi.

Management

Banker

Mr. Mohammad Ashraf(Chairman)

Askari Commercial Bank Ltd.

Mr. Mohammad Sohail(Chief Executive)

Bank Al-Habib Ltd.

Mrs. Parsa Sohail(Director)

Meezan Bank Ltd.

Mr. Shahid Umer(Director)

Muslim Commercial Bank Ltd.

Mrs. Nasreen Ashraf(Director)

Soneri Bank Ltd.

Auditor
M/s. Rahman Sarfaraz Rahim Iqbal Rafiq

Mr. Abdullah Ghulam Ali (NIT)(Director)

Mr. Abdul Aziz(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.25

Highest Price in

2009

Rs.

29.93

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

16.58

Preference Shares(%)

Investment Yield%

Production Desc
Wool spinning

Units

Capacity

Actual Production

Kgs

1,700,000

451,333

Noor Silk Mills Ltd.

D/47, S.I.T.E., Mangopir Road, Karachi.

Management

Banker

Auditor

Mr. M. Amin H. Noor Mohammed(Chairman & C. Habib Bank Ltd.

Mr. Younus A. Aziz(Director)

M/s Muniff Ziauddin & Co.

Natioanl Bank of Paksitan

Mrs. Farida Ashraf(Director)

Mrs. Jamila Ilyas(Director)
Mr. Mohammad Hussain(Director)
Mr. Abdul Rauf Mohammed(Director)
Mr. Ashraf H. Mohammed(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

40.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

40.14

Ordinary Shares (%)

Lowest Price in

2009

Rs.

28.73

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

34.68

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Polyster yarn and silk cloths

262

Actual Production

Pakistan Synthetics Ltd.

3rd Floor, Karachi Dock Labour Board, 58-West Wharf Road, Karachi.

Management

Banker

Mr. Ebrahim Haji Karim(Chairman)

Meezan Bank Ltd.

Mr. Umer Haji Karim(Chief Executive)

National Bank Of Pakistan

Mr. Yakoob Haji Karim(Director)

Bank Al Habib Ltd.

Mr. Rafique Ebrahim(Director)

Habib Bank Ltd.

Mr. Sajid Haroon(Director)

Habib Metropolitan Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Ahmed Ebrahim(Director)

Mr. Anwar Haji Karim(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.08

Highest Price in

2009

Rs.

7.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.10

Ordinary Shares Bonus (%)

12.5

Average Price in

2009

Rs.

3.25

Preference Shares(%)

Investment Yield%

Production Desc

Units

Poleyester

38

Capacity

Actual Production

28,000

20,544

M. Tons

Rupali Polyester Ltd.

Rupali House, 241-242, Upper Mall Scheme, Anand Road, Lahore

Management

Banker

Mr. Jafferali M. Feerasta(Chairman)

Citibank N.A.

Mr. Nooruddin Feerasta(Chief Executive)

NIB Bank Ltd.

Mr. Muhammad Ali H. Sayani(Director)

Habib Bank Ltd.

Mr. Abdul Hayee(Director)

Soneri Bank Ltd.

Mr. Muhammad Rashid Zahir(Director)

Bank Al-Habib Ltd.

Syed Ali Zafar(Director)

Meezan Bank Ltd.

Mr. Amin A. Feerasta(Director)

MCB Bank Ltd.

Auditor
M/s. Qavi & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

29.45

Highest Price in

2009

Rs.

37.05

Lowest Price in

2009

Rs.

25.73

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

31.39

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

157

Capacity

Actual Production

Yarn

M. Tons

10,100

10,478

Fiber

M. Tons

12,000

23,840

263

S.G. Fibres Ltd.

B-40, S.I.T.E., Karachi.

Management

Banker

Mr. S.M. Ahmed(Chairman / C.E.O.)

Mybank Ltd.

Mst. Zubaida Khatoon(Director)

Habib Bank Ltd.

Mr. Wajahat A. Baqai (N.B.P.)(Director)

Soneri Bank Ltd.

Auditor
M/s Muniff Ziauddin Junaidy & Co.

Mst. Ghazala Ahmed(Director)

Mrs. Tania Asim(Director)
Mr. Mohammad Hanif(Director)
Mr. Abdul Salam(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

52.30

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Yarn

Capacity

Actual Production

10,500

M. Tons

The National Silk & Rayon Mills Ltd.

4th Floor, 1.E.P.Building, 97-B/D-1, Gulberg-III, Lahore.

Management

Banker

Auditor

Sh. Faisal Tauheed Puri(Chairman/Chief Exec.) The Bank of Punjab

Sh. Kashif Tauheed Puri(Director)

M/s. Amin Mudassar & Company

National Bank Of Pakistan

Mst. Amna Kamran(Director)

Mst. Saima Shahid(Director)
Mst. Samira Faisal(Director)
Mst. Sadia Kamran(Director)
Mst. Tahira Kashif(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

17.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.00

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Cloth Processing

Meters

57,600,000

52,254,641

Embroidery

Average Meters

2,951,600

2,117,480

264

Tri-Star Polyester Ltd.

F/498, S.I.T.E., Karachi.

Management
Mr. Ahmad Ismail(Chief Executive)

Banker

Auditor

Bank Al-Habib Ltd.

M/s. Ghalib & Co.

Mr. Tahir Ahmad(Director)

Mrs. Aliya Ahmad(Director)
Mr. Tanveer Hasan(Director)
Mr. Asad Ahmad(Director)
Mr. Muhammad Zameer(Director)
Mr. Rashid Ahmad(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.35

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.39

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.45

Preference Shares(%)

Investment Yield%

Production Desc
Polyster yarn

, 2009

Units
M.Tons

265

Capacity

Actual Production

4,000

Chemical Sector

Chemical Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

268

2004

2005

36404.8
31887.1
68291.9
0.0
499.3
10171.6
10670.9
78962.8

38620.5
35331.5
73952.0
0.0
721.9
10367.4
11089.3
85041.3

2006

2007

2008

2009

39943.9
40704.6
42072.0
50917.7
41442.3
58952.0
66203.5
78994.5
81386.2
99656.6 108275.5 129912.2
0.0
0.0
0.0
250.0
1408.6
13069.4
12879.9
16114.1
7811.8
21087.6
27418.5
72819.4
9220.4
34157.0
40298.4
89183.5
90606.6 133813.6 148573.9 219095.7

43067.2
44947.2
47461.3
73786.2
69193.9
95362.5
17981.7
18196.1
20871.7
18366.9
19418.5
33215.1
25085.5
26751.1
26589.6
55419.3
49775.4
62147.4
20776.4
22122.7
30951.0
36589.8
49152.6
42419.5
15574.4
17755.4
18357.5
19999.7
28447.0
23115.3
79418.0
84825.3
96769.8 130375.7 146793.5 160897.3
64149.9
64131.5
76078.4
77403.7 103838.9 107631.5
74820.8
75220.8
85298.8 111560.7 144137.3 196815.0
15268.1
20693.8
20691.4
52972.0
42954.6
53265.8
23612.4
30450.8
38189.2
54999.5
71166.9 117344.4
-21082.7 -19184.3 -28617.1
-3617.5 -34645.0 -12269.0
116523.5 120260.0 119291.8 148975.3 177716.3 250354.0
63694.7
64347.5
69915.2
80841.7 105619.4 165829.9
5705.7
5671.7
5836.4
6129.8
6776.9
16398.7
143112.7 149172.8 166685.0 211217.4 252412.9 326727.2
165091.0
163942.3
1148.7
125739.3
39351.7
142173.0
29403.5
2622.3
26781.2
5534.0
6678.4
671.8

182186.4
175604.5
6581.9
137259.1
44927.3
154960.0
34486.9
3159.4
31327.5
6391.7
11163.1
539.8

198891.2
194257.2
4634.0
151305.4
47585.8
171677.0
34852.3
4693.2
30159.1
6404.0
12223.7
632.7

217797.9
216179.4
1618.5
163839.6
53958.3
186565.5
46816.0
5890.9
40925.1
6992.7
12206.5
601.4

255485.9
252752.1
2733.8
176669.5
78816.4
203397.2
61990.3
11733.3
50257.0
10589.8
15101.5
205.8

273214.6
269359.9
3854.7
203251.0
69963.6
236092.8
46931.7
8189.4
38742.3
12331.8
19676.0
1196.4

8941.4
14568.8
-5627.4

6078.5
13772.7
-7694.2

5565.3
11531.4
-5966.1

43207.0
21725.9
21481.1

14760.3
24565.7
-9805.4

70521.8
6734.5
63787.3

20274.5
14647.1

19444.4
11750.2

17367.8
11401.7

27855.7
49336.8

31342.6
21537.2

23133.2
86920.5

13.5
123.8
99.5
109.6
18.7
162.9
138.4
187.6
86.1
8.9
1.6
11.1
20.7
4.3
39.2

13.0
132.3
104.6
101.7
21.0
226.6
165.5
191.5
85.1
9.2
1.7
10.4
20.4
3.7
42.4

10.2
127.2
103.1
104.8
18.1
207.2
152.3
203.8
86.3
13.5
2.4
12.3
21.2
4.2
37.1

25.5
168.4
142.6
111.9
19.4
50.3
56.5
244.8
85.7
12.6
2.7
10.7
17.1
6.2
41.1

27.1
141.4
114.0
133.1
19.9
166.4
145.5
257.4
79.6
18.9
4.6
16.5
21.1
4.0
46.4

40.7
149.5
128.0
151.5
11.9
9.5
26.6
255.1
86.4
17.4
3.0
7.0
31.8
5.4
29.8

318.1
9.8
16.2
7.4
5.8
8.9
115.4
221.7
19.2
18.8

223.4
15.1
17.2
8.1
6.5
9.0
122.1
9.5
10.4
19.1

194.3
15.0
15.2
7.6
5.9
8.9
119.3
-6.2
9.2
20.4

278.0
12.2
18.8
10.1
8.3
8.8
103.1
32.9
9.5
24.5

262.7
13.9
19.7
11.9
9.4
9.8
101.2
17.8
17.3
25.7

134.2
15.1
14.2
7.6
5.2
13.3
83.6
-36.1
6.9
25.5

Chemicals

Operating, Financial & Investment Ratios

200
150
%

100

50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Abbott Laboratories (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

270

2004

2005

2006

2007

2008

2009

566.6
2281.5
2848.1
0.0
0.0
0.0
0.0
2848.1

679.9
2797.2
3477.1
0.0
0.0
0.0
0.0
3477.1

979.0
3262.9
4241.9
0.0
0.0
0.0
0.0
4241.9

979.0
2710.3
3689.3
0.0
0.0
0.0
0.0
3689.3

979.0
2589.5
3568.5
0.0
0.0
0.0
0.0
3568.5

979.0
2259.5
3238.5
0.0
0.0
0.0
0.0
3238.5

1083.2
1083.2
0.0
394.9
917.6
2395.7
520.5
520.5
1875.2
0.0
562.7

1160.8
1160.8
0.0
562.6
1217.9
2941.3
652.0
652.0
2289.3
0.0
508.8

1608.8
1608.8
0.0
733.4
1256.1
3598.3
793.5
793.5
2804.8
0.0
815.3

496.1
496.1
0.0
1304.9
1363.5
3164.5
992.1
992.1
2172.4
0.0
-496.0

1051.5
1051.5
0.0
707.4
1696.2
3455.1
1447.4
1447.4
2007.7
0.0
-395.9

770.8
770.8
0.0
856.0
1675.0
3301.8
1726.1
1726.1
1575.7
0.0
-955.3

2048.8
973.0
148.3
3368.7

2380.5
1187.7
148.8
4129.0

2761.3
1437.0
159.7
5035.3

3001.1
1516.8
185.8
4681.3

3223.2
1560.8
203.0
5015.9

3490.1
1662.8
206.3
4964.6

4814.9
4706.1
108.8
2829.5
1985.4
3758.3
1083.0
3.1
1079.9
354.4
141.6
94.4

5346.5
5206.4
140.1
3050.4
2296.1
4026.5
1369.1
2.9
1366.2
426.8
339.9
113.3

6103.8
5939.8
164.0
3625.2
2478.6
4768.9
1443.6
3.7
1439.9
417.5
293.7
195.8

6838.6
6665.5
173.1
4104.7
2733.9
5239.8
1772.2
3.2
1769.0
464.6
1762.2
0.0

7377.7
7219.5
158.2
5280.0
2097.7
6935.7
547.5
2.7
544.8
204.1
489.5
0.0

8450.1
8450.1
0.0
5987.9
2462.2
7423.4
1168.6
2.5
1166.1
314.7
1174.8
0.0

582.1
583.9
-1.8

629.0
599.5
29.5

764.8
728.7
36.1

-552.6
-457.8
-94.8

-120.8
-148.8
28.0

-330.0
-323.4
-6.6

732.2
730.4

748.3
777.8

888.4
924.5

-272.0
-366.8

54.2
82.2

-117.1
-123.7

0.0
460.3
284.0
18.3
32.1
100.3
100.2
502.7
78.1
0.3
0.1
32.8
1.8
37.9

0.0
451.1
264.3
18.8
33.1
95.3
96.2
511.4
75.3
0.2
0.1
31.2
2.8
39.3

0.0
453.5
295.2
18.7
28.6
95.3
96.1
433.3
78.1
0.3
0.1
0.0
29.0
3.4
33.9

0.0
319.0
181.5
26.9
37.8
82.8
74.2
376.8
76.6
0.2
0.0
0.0
26.3
1.9
47.9

0.0
238.7
121.5
40.6
10.9
123.2
65.9
364.5
94.0
0.5
0.0
0.0
37.5
1.9
15.3

0.0
191.3
94.2
53.3
23.5
98.0
94.7
330.8
87.8
0.2
0.0
0.0
27.0
2.8
36.0

512.4
5.0
22.4
19.1
12.8
15.7
142.9
10.4
8.5
50.3

276.4
9.8
25.6
20.1
13.8
15.3
129.5
5.2
11.0
51.1

348.1
6.9
23.6
14.7
10.4
13.4
121.2
-26.9
14.2
43.3

74.0
47.8
25.9
18.1
13.3
12.9
146.1
23.1
12.0
37.7

69.6
13.7
7.4
5.6
3.5
13.4
147.1
-69.1
7.9
36.5

72.5
36.3
13.8
11.9
8.7
13.2
170.2
112.5
14.5
33.1

BOC Pakistan Ltd,

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

271

2004

2005

2006

2007

2008

2009

250.4
795.6
1046.0
0.0
0.0
0.0
0.0
1046.0

250.4
855.8
1106.2
0.0
0.0
30.0
30.0
1136.2

250.4
962.0
1212.4
0.0
0.0
0.0
0.0
1212.4

250.4
1175.7
1426.1
0.0
0.0
0.0
0.0
1426.1

250.4
1257.0
1507.4
0.0
0.0
0.0
0.0
1507.4

250.4
1202.3
1452.7
0.0
0.0
0.0
0.0
1452.7

263.5
263.5
0.0
234.6
90.6
588.7
891.7
891.7
-303.0
198.0
-628.2

257.2
257.2
0.0
363.8
68.4
689.4
828.6
858.6
-139.2
101.4
-571.4

298.3
298.3
0.0
351.7
142.1
792.1
755.6
755.6
36.5
15.0
-457.3

546.9
546.9
0.0
714.5
156.4
1417.8
852.9
852.9
564.9
0.0
-306.0

334.5
334.5
0.0
603.2
246.3
1184.0
804.9
804.9
379.1
0.0
-470.4

700.0
500.3
199.7
384.7
166.8
1251.5
863.2
863.2
388.3
0.0
-163.2

2415.8
1349.0
126.4
1937.7

2447.7
1275.4
138.8
1964.8

2474.1
1175.9
187.9
1968.0

1997.9
861.2
139.3
2279.0

2405.1
1128.4
148.8
2312.4

2454.7
1064.4
171.6
2315.9

1741.9
1741.9
0.0
1062.0
679.9
1314.7
444.5
14.6
429.9
92.9
150.2
0.0

1987.4
1987.4
0.0
1252.1
735.3
1522.3
518.2
16.1
502.1
143.2
300.5
0.0

2647.0
2647.0
0.0
1698.6
948.4
2112.7
583.7
12.7
571.0
231.3
375.6
0.0

2436.1
2436.1
0.0
1502.2
933.9
1826.1
685.9
0.0
685.9
237.6
325.5
0.0

2729.6
2729.6
0.0
1894.0
835.6
2237.7
550.4
2.7
547.7
204.5
250.4
0.0

2307.7
2307.7
0.0
1596.8
710.9
2097.1
376.3
2.1
374.2
153.3
225.3
0.0

22.4
186.8
-164.4

90.2
58.4
31.8

76.2
-35.9
112.1

213.7
122.8
90.9

81.3
92.8
-11.5

-54.7
-4.4
-50.3

313.2
148.8

197.2
229.0

152.0
264.1

262.1
353.0

241.6
230.1

167.2
116.9

0.0
66.0
55.9
85.2
22.2
833.9
210.5
417.7
75.5
3.3
0.8
7.4
21.6
5.1
41.1

2.6
83.2
74.9
77.6
25.6
64.7
86.1
441.8
76.6
3.1
0.8
15.9
28.5
6.0
45.4

0.0
104.8
86.0
62.3
29.0
-47.1
57.6
484.2
79.8
2.2
0.5
84.7
40.5
6.4
47.1

0.0
166.2
147.9
59.8
30.1
57.5
74.2
569.5
75.0
0.0
0.0
0.0
34.6
5.3
48.1

0.0
147.1
116.5
53.4
23.7
114.1
105.0
602.0
82.0
0.5
0.1
0.0
37.3
5.8
36.3

0.0
145.0
125.7
59.4
16.2
8.0
143.0
580.2
90.9
0.6
0.1
0.0
41.0
6.6
25.8

224.4
14.4
24.7
17.2
13.5
9.9
89.9
6.8
25.7
41.8

119.4
27.2
25.3
20.1
14.3
10.3
101.2
16.9
14.1
44.2

90.4
31.0
21.6
22.8
13.6
14.7
134.5
13.4
33.2
48.4

137.7
22.8
28.2
27.4
17.9
14.9
106.9
20.2
-8.0
57.0

137.1
16.6
20.1
21.9
13.7
17.3
118.0
-20.1
12.0
60.2

98.0
15.5
16.2
14.9
8.8
15.2
99.6
-32.0
-15.5
58.0

Bawany Air Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

272

2004

2005

2006

2007

2008

2009

28.7
25.3
54.0
0.0
0.0
47.0
47.0
101.0

28.7
12.1
40.8
0.0
0.0
49.1
49.1
89.9

48.7
-0.1
48.6
0.0
0.0
45.1
45.1
93.7

48.7
-12.3
36.4
0.0
0.0
69.8
69.8
106.2

68.2
-36.7
31.5
0.0
0.0
41.6
41.6
73.1

68.2
-44.7
23.5
0.0
0.0
13.1
13.1
36.6

8.1
1.0
7.1
13.3
2.5
23.9
30.4
77.4
-6.5
66.7
-22.3

1.5
1.3
0.2
12.3
1.8
15.6
70.5
119.6
-54.9
90.3
-69.0

0.6
0.6
0.0
14.6
0.9
16.1
94.7
139.8
-78.6
109.9
-94.1

0.9
0.9
0.0
11.9
0.9
13.7
91.4
161.2
-77.7
86.0
-90.5

1.6
1.6
0.0
15.0
1.1
17.7
131.1
172.7
-113.4
104.6
-129.5

0.7
0.7
0.0
20.2
1.5
22.4
169.7
182.8
-147.3
77.7
-169.0

0.0
107.5
0.0
131.4

0.0
144.8
0.0
160.4

248.6
172.4
3.9
188.5

262.4
183.8
3.4
197.5

268.2
186.6
3.0
204.3

268.1
184.0
2.7
206.4

69.0
69.0
0.0
57.4
11.6
70.9
-0.4
0.8
-1.2
0.4
0.0
0.0

62.8
62.8
0.0
62.1
0.7
75.8
-11.9
1.1
-13.0
0.3
0.0
0.0

61.8
61.8
0.0
64.5
-2.7
78.6
-9.7
2.1
-11.8
0.3
0.0
0.0

77.2
77.2
0.0
71.9
5.3
86.8
-8.2
3.6
-11.8
0.4
0.0
0.0

81.2
81.2
0.0
74.0
7.2
89.7
-7.9
16.2
-24.1
0.3
0.0
0.0

99.4
99.4
0.0
75.2
24.2
90.0
9.7
17.9
-8.2
0.0
0.0
0.0

7.9
-1.6
9.5

-11.1
-13.3
2.2

3.8
-12.1
15.9

12.5
-12.2
24.7

-33.1
-24.4
-8.7

-36.5
-8.2
-28.3

-1.6
7.9

-13.3
-11.1

-8.2
7.7

-8.8
15.9

-21.4
-30.1

-5.5
-33.8

46.5
78.6
70.4
143.3
-0.9
-20.3
-20.3
188.2
102.8
1.2
1.2
13.3
-2.2

54.6
22.1
19.6
293.1
-8.1
142.2
120.7
1.8
1.2
0.0
-31.9

48.1
17.0
16.1
287.7
-6.3
-318.4
-106.5
99.8
127.2
-21.6
3.4
1.9
-2.5
12.8
-24.3

65.7
15.0
14.0
442.9
-6.0
-97.6
-55.3
74.7
112.4
-43.9
4.7
4.2
-3.4
9.5
-32.4

56.9
13.5
12.7
548.3
-11.8
73.7
71.1
46.2
110.5
-205.1
20.0
15.5
-1.2
10.0
-76.5

35.8
13.2
12.3
777.9
-4.0
22.5
16.3
34.5
90.5
184.5
18.0
23.0
0.0
9.6
-34.9

0.0
-1.7
-0.4
-0.6
0.0
52.5
-166.7
15.6
18.8

0.0
-20.7
-4.5
-4.6
0.0
39.2
1025.0
-9.0
14.2

0.0
0.0
-19.1
-2.4
-2.5
2.7
32.8
-46.7
-1.6
10.0

0.0
0.0
-15.3
-2.4
-2.5
2.0
39.1
0.0
24.9
7.5

0.0
0.0
-29.7
-3.5
-3.6
1.6
39.7
45.8
5.2
4.6

0.0
0.0
-8.2
-1.2
-1.2
1.4
48.2
-65.7
22.4
3.4

Berger Paints Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

273

2004

2005

2006

2007

2008

2009

30.8
415.4
446.2
0.0
0.0
0.0
0.0
446.2

46.3
448.0
494.3
0.0
0.0
0.0
0.0
494.3

57.8
490.1
547.9
0.0
0.0
0.0
0.0
547.9

69.4
489.4
558.8
0.0
0.0
0.0
0.0
558.8

81.9
315.8
397.7
0.0
0.0
116.7
116.7
514.4

81.9
600.6
682.5
0.0
0.0
50.0
50.0
732.5

95.4
79.9
15.5
253.4
262.2
611.0
465.8
465.8
145.2
141.1
-370.4

114.6
96.7
17.9
408.6
430.9
954.1
886.8
886.8
67.3
408.6
-772.2

162.4
144.5
17.9
577.4
454.4
1194.2
1207.1
1207.1
-12.9
598.6
-1044.7

157.0
143.2
13.8
746.4
570.9
1474.3
1541.3
1541.3
-67.0
783.2
-1384.3

206.1
192.3
13.8
1170.0
873.3
2249.4
2349.5
2466.2
-100.1
1433.2
-2143.4

184.7
170.9
13.8
932.7
1022.0
2139.4
2459.4
2509.4
-320.0
1564.3
-2274.7

363.1
301.0
18.9
912.0

507.7
426.9
20.7
1381.0

665.9
560.8
26.5
1755.0

752.4
625.7
29.7
2100.0

698.9
614.4
38.7
2863.8

1131.5
1052.5
49.3
3191.9

1345.3
1328.9
16.4
1011.3
334.0
1283.6
76.9
10.5
66.4
31.8
20.0
15.4

2242.7
2194.1
48.6
1726.5
516.2
2166.0
116.1
20.8
95.3
31.0
33.9
15.4

2999.7
2933.6
66.1
2240.1
759.6
2826.6
213.0
56.6
156.4
52.8
40.5
11.6

3620.5
3536.0
84.5
2839.2
781.3
3447.6
210.7
90.2
120.5
28.5
17.3
0.0

3988.3
3901.6
86.7
3345.2
643.1
4107.3
-92.8
138.6
-231.4
20.2
0.0
0.0

3580.3
3485.8
94.5
2745.8
834.5
3546.0
301.2
253.9
47.3
0.7
0.0
0.0

180.3
14.6
165.7

48.1
30.4
17.7

53.6
63.1
-9.5

10.9
74.7
-63.8

-44.4
-251.6
207.2

218.1
46.6
171.5

33.5
199.2

51.1
68.8

89.6
80.1

104.4
40.6

-212.9
-5.7

95.9
267.4

0.0
131.2
74.9
104.4
7.3
8.1
16.8
1448.7
95.4
13.7
0.8
7.4
47.9
14.4
14.9

0.0
107.6
59.0
179.4
6.9
63.2
74.3
1067.6
96.6
17.9
0.9
5.1
32.5
15.7
19.3

0.0
98.9
61.3
220.3
8.9
117.7
111.9
947.9
94.2
26.6
1.9
9.5
33.8
16.0
28.5

0.0
95.7
58.6
275.8
5.7
685.3
257.1
805.2
95.2
42.8
2.5
11.5
23.7
16.6
21.6

22.7
95.7
58.6
620.1
-8.1
566.7
3735.1
485.6
103.0
-149.4
3.5
9.7
-8.7
14.3
-58.2

6.8
87.0
45.4
367.7
1.5
21.4
35.9
833.3
99.0
84.3
7.1
16.2
1.5
15.4
6.9

173.0
4.5
4.9
21.6
11.2
15.9
147.5
46.9
26.9
144.9

189.7
6.9
4.2
20.6
13.9
6.9
162.4
-4.6
66.7
106.8

255.8
7.4
5.2
27.1
17.9
6.2
170.9
31.6
33.8
94.8

531.8
3.1
3.3
17.4
13.3
5.3
172.4
-35.8
20.7
80.5

0.0
0.0
-5.8
-28.3
-30.7
6.2
139.3
-262.6
10.2
48.6

0.0
0.0
1.3
5.8
5.7
8.0
112.2
-120.5
-10.2
83.3

Biafo Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

274

2004

2005

2006

2007

2008

2009

200.0
-32.5
167.5
0.0
0.0
81.6
81.6
249.1

200.0
25.0
225.0
0.0
0.0
74.3
74.3
299.3

200.0
95.4
295.4
0.0
0.0
19.0
19.0
314.4

200.0
168.7
368.7
0.0
0.0
6.3
6.3
375.0

200.0
194.3
394.3
0.0
0.0
2.8
2.8
397.1

200.0
238.8
438.8
0.0
0.0
0.0
0.0
438.8

1.2
1.2
0.0
49.5
23.5
74.2
75.7
157.3
-1.5
113.3
-74.5

5.2
5.2
0.0
50.7
21.9
77.8
80.0
154.3
-2.2
91.3
-74.8

7.7
7.7
0.0
64.2
30.9
102.8
69.6
88.6
33.2
33.7
-61.9

28.7
28.7
0.0
90.3
44.1
163.1
89.7
96.0
73.4
21.3
-61.0

35.9
35.9
0.0
109.2
59.8
204.9
90.2
93.0
114.7
6.3
-54.3

70.0
70.0
0.0
107.4
70.1
247.5
84.6
84.6
162.9
2.8
-14.6

0.0
282.3
0.0
331.8

307.0
301.6
13.3
379.4

310.6
281.2
25.0
384.0

355.5
301.6
25.5
464.7

357.4
282.4
21.1
487.3

370.5
275.8
20.0
523.3

219.1
161.2
57.9
163.0
56.1
180.4
165.0
17.2
-124.3
1.2
8.0
0.0

282.6
282.6
0.0
221.6
61.0
240.5
42.1
10.3
31.8
1.4
8.0
0.0

400.1
400.1
0.0
302.3
97.8
324.4
76.0
9.1
66.9
0.0
0.0
0.0

530.0
530.0
0.0
389.0
141.0
422.0
109.0
3.9
105.1
0.0
50.0
0.0

560.8
560.8
0.0
420.5
140.3
451.8
114.2
8.4
105.8
5.7
20.0
0.0

582.0
370.7
211.3
396.0
186.0
436.5
152.6
3.7
148.9
35.5
80.0
0.0

0.0
272.1
-272.1

50.2
22.4
27.8

15.1
66.9
-51.8

60.6
55.1
5.5

22.1
80.1
-58.0

41.7
33.4
8.3

272.1
0.0

35.7
63.5

91.9
40.1

80.6
86.1

101.2
43.2

53.4
61.7

32.8
210.6
210.6
44.3
49.7
83.8
74.4
110.7
82.3
114.7
15.4
98.5

24.8
97.3
69.9
68.6
8.4
44.6
56.2
112.5
85.1
24.5
3.6
11.3
4.4
12.8
14.1

6.0
147.7
103.3
30.0
17.4
443.0
229.2
147.7
81.1
12.0
2.3
27.0
0.0
0.0
22.6

1.7
181.8
132.7
26.0
22.6
90.9
93.6
184.4
79.6
3.6
0.7
18.3
0.0
10.8
28.5

0.7
227.2
160.9
23.6
21.7
362.4
234.3
197.2
80.6
7.4
1.5
133.3
5.4
11.5
26.8

0.0
292.6
209.7
19.3
28.5
80.1
86.5
219.4
75.0
2.4
0.6
132.1
23.8
10.5
33.9

-118.9
-74.2
75.3
0.8
0.7
0.0
66.0
218.1
8.4

380.0
3.6
11.3
1.6
1.5
4.7
74.5
33.3
29.0
11.3

0.0
0.0
16.7
3.3
3.3
8.3
104.2
106.3
41.6
14.8

210.2
13.6
19.8
5.3
5.3
9.1
114.1
60.6
32.5
18.4

500.5
5.1
18.9
5.3
5.0
7.0
115.1
0.0
5.8
19.7

141.8
18.2
25.6
7.4
5.7
7.1
111.2
39.6
3.8
21.9

Buxly Paints Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

275

2004

2005

2006

2007

2008

2009

14.4
27.8
42.2
0.0
0.0
0.5
0.5
42.7

14.4
31.0
45.4
0.0
0.0
0.3
0.3
45.7

14.4
17.6
32.0
0.0
0.0
0.7
0.7
32.7

14.4
9.8
24.2
0.0
0.0
0.8
0.8
25.0

14.4
15.3
29.7
0.0
0.0
0.4
0.4
30.1

14.4
0.0
14.4
0.0
0.0
0.2
0.2
14.6

12.3
10.8
1.5
52.0
15.8
80.1
49.5
50.0
30.6
1.9
-37.2

9.5
8.0
1.5
90.6
40.2
140.3
107.6
107.9
32.7
15.5
-98.1

20.3
20.3
0.0
45.1
76.4
141.8
130.1
130.8
11.7
12.7
-109.8

20.2
20.2
0.0
68.7
27.2
116.1
110.3
111.1
5.8
10.0
-90.1

14.7
14.7
0.0
61.9
19.2
95.8
82.3
82.7
13.5
30.6
-67.6

4.7
4.7
0.0
63.5
16.0
84.2
72.4
72.6
11.8
33.2
-67.7

26.7
12.1
1.9
92.2

28.5
13.0
2.0
153.3

27.5
21.1
2.1
162.9

27.3
19.1
2.7
135.2

27.5
16.5
2.2
112.3

5.5
2.6
1.4
86.8

186.1
186.1
0.0
142.8
43.3
180.6
6.2
1.8
4.4
0.9
1.8
0.0

329.5
329.5
0.0
258.5
71.0
325.1
5.7
1.1
4.6
1.4
1.8
0.0

376.2
376.2
0.0
292.8
83.4
389.2
-11.3
1.6
-12.9
1.5
0.0
0.0

137.7
137.7
0.0
104.5
33.2
133.7
6.7
2.6
4.1
0.6
0.0
0.0

164.1
164.1
0.0
138.2
25.9
160.8
9.5
2.8
6.7
0.0
1.4
0.0

96.8
96.8
0.0
67.7
29.1
102.4
0.4
7.2
-6.8
0.0
0.0
0.0

-1.4
1.7
-3.1

3.0
1.4
1.6

-13.0
-14.4
1.4

-7.7
3.5
-11.2

5.1
5.3
-0.2

-15.5
-6.8
-8.7

3.6
0.5

3.4
5.0

-12.3
-10.9

6.2
-5.0

7.5
7.3

-5.4
-14.1

1.2
161.8
129.9
118.5
4.8
720.0
293.1
97.0
29.0
1.0
94.7
20.5
23.1
10.4

0.7
130.4
93.0
237.7
3.0
46.7
68.0
315.3
98.7
19.3
0.3
7.1
30.4
24.9
10.1

2.1
109.0
50.3
408.8
-7.9
110.8
112.8
222.2
103.5
-14.2
0.4
12.6
-11.6
0.1
-40.3

3.2
105.3
80.6
459.1
3.0
-45.5
-124.0
168.1
97.1
38.8
1.9
26.0
14.6
42.8
16.9

1.3
116.4
93.1
278.5
6.0
103.9
102.7
206.3
98.0
29.5
1.7
9.2
0.0
28.5
22.6

1.4
116.3
94.2
504.2
-7.8
43.9
38.3
100.0
105.8
1800.0
7.4
21.7
0.0
51.0
-47.2

194.4
4.3
2.4
3.1
2.4
15.2
201.8
29.2
22.8
29.3

177.8
4.0
1.4
3.2
2.2
16.5
214.9
3.2
77.1
31.5

0.0
0.0
-3.4
-9.0
-10.0
16.2
230.9
-381.3
14.2
22.2

0.0
0.0
3.0
2.8
2.4
12.8
101.8
-131.1
-63.4
16.8

478.6
4.7
4.1
4.7
4.7
11.5
146.1
67.9
19.2
20.6

0.0
0.0
-7.0
-4.7
-4.7
8.5
111.5
-200.0
-41.0
10.0

Clariant Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

276

2004

2005

2006

2007

2008

2009

156.0
773.5
929.5
0.0
0.0
475.0
475.0
1404.5

156.0
930.4
1086.4
0.0
0.0
500.0
500.0
1586.4

218.4
1104.4
1322.8
0.0
0.0
700.0
700.0
2022.8

218.4
1296.3
1514.7
0.0
0.0
500.0
500.0
2014.7

272.9
1651.0
1923.9
0.0
0.0
433.3
433.3
2357.2

272.9
1963.9
2236.8
0.0
0.0
266.7
266.7
2503.5

103.6
103.6
0.0
1326.8
964.1
2394.5
1537.4
2012.4
857.1
1482.2
-1433.8

257.3
257.3
0.0
1419.2
1222.7
2899.2
1840.4
2340.4
1058.8
1208.8
-1583.1

244.2
244.2
0.0
1581.6
1170.4
2996.2
1574.5
2274.5
1421.7
1463.5
-1330.3

209.7
209.7
0.0
1888.0
1307.1
3404.8
2241.6
2741.6
1163.2
1595.0
-2031.9

259.1
259.1
0.0
1968.8
1509.3
3737.2
2369.1
2802.4
1368.1
1994.1
-2110.0

379.8
379.8
0.0
2268.1
1359.5
4007.4
2470.1
2736.8
1537.3
1410.2
-2090.3

1370.2
547.4
83.9
2941.9

1431.9
527.6
84.1
3426.8

1577.9
601.0
86.8
3597.2

1905.6
851.5
81.9
4256.3

2139.7
989.3
103.6
4726.5

2190.7
966.2
134.8
4973.6

5025.9
5025.9
0.0
4129.4
896.5
4489.4
644.2
98.4
545.8
190.2
171.6
0.0

5543.4
5503.9
39.5
4405.6
1137.8
4812.8
761.4
92.2
669.2
240.0
280.7
0.0

5582.1
5542.7
39.4
4595.5
986.6
4797.0
838.9
186.1
652.8
248.2
272.9
0.0

6335.1
6259.2
75.9
5000.1
1335.0
5505.5
866.2
201.5
664.7
195.6
218.4
54.6

7723.1
7423.6
299.5
5921.3
1801.8
6533.5
1234.0
494.3
739.7
197.8
272.9
0.0

7697.0
7292.9
404.1
5895.8
1801.2
6609.4
1133.9
302.9
831.0
256.0
341.2
0.0

193.3
184.0
9.3

181.9
148.5
33.4

436.4
131.7
304.7

-8.1
250.7
-258.8

342.5
269.0
73.5

146.3
233.8
-87.5

267.9
277.2

232.6
266.0

218.5
523.2

332.6
73.8

372.6
446.1

368.6
281.1

33.8
155.7
93.0
216.5
18.6
95.2
96.6
595.8
89.3
15.3
2.0
6.6
34.8
22.8
58.7

31.5
157.5
91.1
215.4
19.5
81.6
87.4
696.4
86.8
12.1
1.7
7.6
35.9
21.4
61.6

34.6
190.3
116.0
171.9
18.1
30.2
41.8
605.7
85.9
22.2
3.3
12.7
38.0
22.1
49.3

24.8
151.9
93.6
181.0
15.6
-3095.1
450.7
693.5
86.9
23.3
3.2
12.6
29.4
23.0
43.9

18.4
157.7
94.0
145.7
15.7
78.5
83.5
705.0
84.6
40.1
6.4
24.8
26.7
20.8
38.4

10.7
162.2
107.2
122.4
16.7
159.8
131.1
819.6
85.9
26.7
3.9
21.5
30.8
23.1
37.2

207.2
18.5
10.9
35.0
22.8
14.4
170.8
17.8
15.8
59.6

152.9
25.8
12.1
42.9
27.5
15.4
161.8
22.6
10.3
69.6

148.3
20.6
11.7
29.9
18.5
16.5
155.2
-30.3
0.7
60.6

214.8
14.4
10.5
30.4
21.5
13.6
148.8
1.7
13.5
69.4

198.6
14.2
9.6
27.1
19.9
12.2
163.4
-10.9
21.9
70.5

168.5
15.3
10.8
30.5
21.1
13.6
154.8
12.5
-0.3
82.0

Colgate-Palmolive (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

277

2004

2005

2006

2007

2008

2009

122.3
535.8
658.1
0.0
0.0
114.8
114.8
772.9

122.3
807.9
930.2
0.0
0.0
53.8
53.8
984.0

122.3
1153.5
1275.8
0.0
0.0
9.2
9.2
1285.0

152.9
1536.8
1689.7
0.0
0.0
5.6
5.6
1695.3

191.1
1938.8
2129.9
0.0
0.0
3.1
3.1
2133.0

238.9
2444.5
2683.4
0.0
0.0
0.6
0.6
2684.0

249.2
249.2
0.0
168.9
432.8
850.9
636.0
750.8
214.9
191.1
-386.8

216.5
216.5
0.0
133.1
536.7
886.3
524.7
578.5
361.6
124.2
-308.2

552.0
390.6
161.4
182.7
614.3
1349.0
803.3
812.5
545.7
63.8
-251.3

420.7
420.7
0.0
569.7
777.9
1768.3
937.8
943.4
830.5
197.1
-517.1

773.1
592.9
180.2
380.9
1006.4
2160.4
993.6
996.7
1166.8
50.5
-220.5

1024.7
1024.7
0.0
577.0
1128.4
2730.1
1239.6
1240.2
1490.5
3.1
-214.9

825.0
558.2
38.6
1409.1

1133.1
622.4
62.8
1508.7

1133.4
739.3
77.1
2088.3

1344.0
864.8
87.1
2633.1

1523.7
966.4
104.7
3126.8

1837.7
1193.5
132.7
3923.6

4195.2
4195.2
0.0
3233.2
962.0
3755.8
450.4
14.1
436.3
117.0
122.3
0.0

4883.3
4883.3
0.0
3824.9
1058.4
4409.9
481.6
14.5
467.1
132.5
122.3
0.0

6286.4
6286.4
0.0
4671.1
1615.3
5538.4
782.7
13.3
769.4
263.1
195.7
30.6

7445.8
7445.8
0.0
5566.1
1879.7
6595.8
911.4
14.8
896.6
283.0
244.6
38.2

8976.5
8976.5
0.0
6879.7
2096.8
8009.5
1040.9
19.9
1021.0
300.6
191.1
47.8

11184.9
11184.9
0.0
8482.8
2702.1
10043.3
1194.9
48.9
1146.0
388.3
274.7
35.8

190.3
197.0
-6.7

211.1
212.3
-1.2

301.0
310.6
-9.6

410.3
369.0
41.3

437.7
529.3
-91.6

551.0
483.0
68.0

235.6
228.9

275.1
273.9

387.7
378.1

456.1
497.4

634.0
542.4

615.7
683.7

14.9
133.8
65.7
114.1
31.0
103.5
102.9
538.1
89.5
3.1
0.3
7.4
26.8
0.0
66.3

5.5
168.9
66.6
62.2
31.0
100.6
100.4
760.6
90.3
3.0
0.3
11.7
28.4
1.7
50.2

0.7
167.9
91.5
63.7
36.8
103.2
102.5
1043.2
88.1
1.7
0.2
20.8
34.2
1.7
60.3

0.3
188.6
105.6
55.8
34.1
89.9
91.7
1105.1
88.6
1.6
0.2
7.5
31.6
1.9
53.1

0.1
217.4
116.1
46.8
32.7
120.9
116.9
1114.5
89.2
1.9
0.2
39.4
29.4
2.0
47.9

0.0
220.2
129.2
46.2
29.2
87.7
90.1
1123.2
89.8
4.1
0.4
1577.4
33.9
3.0
42.7

261.1
18.6
10.4
35.7
26.1
11.5
297.7
61.5
21.2
53.8

273.6
13.1
9.6
38.2
27.4
11.3
323.7
7.0
16.4
76.1

258.7
15.3
12.2
62.9
41.4
12.4
301.0
64.7
28.7
104.3

250.9
14.5
12.0
58.6
40.1
11.8
282.8
-6.8
18.4
110.5

377.0
9.0
11.4
53.4
37.7
12.1
287.1
-8.9
20.6
111.5

275.8
10.2
10.2
48.0
31.7
13.8
285.1
-10.1
24.6
112.3

Data Agro Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

278

2004

2005

2006

2007

2008

2009

40.0
-22.6
17.4
0.0
0.0
0.0
0.0
17.4

40.0
-19.9
20.1
0.0
0.0
0.8
0.8
20.9

40.0
9.5
49.5
0.0
0.0
0.6
0.6
50.1

40.0
9.8
49.8
0.0
0.0
40.7
40.7
90.5

40.0
11.6
51.6
0.0
0.0
0.0
0.0
51.6

40.0
10.4
50.4
0.0
0.0
0.0
0.0
50.4

7.8
7.8
0.0
12.5
1.2
21.5
45.7
45.7
-24.2
0.0
-37.9

4.5
4.5
0.0
16.2
4.5
25.2
43.8
44.6
-18.6
1.0
-39.3

1.3
1.3
0.0
15.6
7.3
24.2
52.6
53.2
-28.4
0.9
-51.3

2.8
2.8
0.0
13.4
16.0
32.2
12.8
53.5
19.4
41.0
-10.0

2.0
2.0
0.0
27.7
9.7
39.4
52.0
52.0
-12.6
0.0
-50.0

6.9
6.9
0.0
27.7
12.2
46.8
54.4
54.4
-7.6
0.0
-47.5

115.2
41.7
4.7
63.2

117.7
39.5
4.6
64.7

165.2
78.3
8.7
102.5

165.9
71.2
7.9
103.4

71.3
64.3
7.0
103.7

63.7
58.1
6.2
104.9

26.7
26.7
0.0
18.7
8.0
23.9
3.3
0.2
3.1
0.1
0.0
0.0

29.4
29.4
0.0
20.1
9.3
25.3
4.2
0.0
4.2
0.1
0.0
0.0

29.9
29.9
0.0
25.7
4.2
31.4
-1.4
0.2
-1.6
0.1
0.0
0.0

29.2
29.2
0.0
22.5
6.7
28.7
0.8
0.2
0.6
0.1
0.0
0.0

58.9
58.9
0.0
51.6
7.3
58.7
0.7
0.2
0.5
0.3
0.0
0.0

51.5
51.5
0.0
43.7
7.8
51.4
0.5
0.3
0.2
0.0
0.0
0.0

11.2
3.0
8.2

3.5
4.1
-0.6

29.2
-1.7
30.9

40.4
0.5
39.9

-38.9
0.2
-39.1

-1.2
0.2
-1.4

7.7
15.9

8.7
8.1

7.0
37.9

8.4
48.3

7.2
-31.9

6.4
5.0

0.0
47.0
44.4
262.6
4.9
26.8
48.4
43.5
89.5
6.1
0.7
3.2
0.0
17.8

3.8
57.5
47.3
221.9
6.5
117.1
107.4
50.3
86.1
0.0
0.0
0.0
2.4
12.2
20.9

1.2
46.0
32.1
107.5
-1.6
-5.8
18.5
123.8
105.0
-14.3
0.7
22.2
-6.3
20.1
-3.2

45.0
251.6
126.6
107.4
0.6
1.2
17.4
124.5
98.3
25.0
0.7
0.5
16.7
22.9
1.2

0.0
75.8
57.1
100.8
0.5
-0.5
-22.6
129.0
99.7
28.6
0.3
0.0
60.0
24.8
1.0

0.0
86.0
63.6
107.9
0.2
-16.7
128.0
126.0
99.8
60.0
0.6
0.0
0.0
33.8
0.4

0.0
11.6
0.8
0.8
10.8
42.2
-500.0
23.6
4.4

0.0
14.3
1.1
1.0
11.0
45.4
37.5
10.1
5.0

0.0
0.0
-5.4
-0.4
-0.4
22.0
29.2
-136.4
1.7
12.4

0.0
0.0
2.1
0.2
0.1
10.1
28.2
-150.0
-2.3
12.5

0.0
0.0
0.8
0.1
0.1
9.8
56.8
-50.0
101.7
12.9

0.0
0.0
0.4
0.1
0.1
9.6
49.1
0.0
-12.6
12.6

Dawood Hercules Chemicals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

279

2004

2005

2006

2007

2008

2009

720.6
9015.4
9736.0
0.0
0.0
0.0
0.0
9736.0

720.6
8691.0
9411.6
0.0
0.0
0.0
0.0
9411.6

828.7
8444.5
9273.2
0.0
0.0
0.0
0.0
9273.2

828.7
18060.7
18889.4
0.0
0.0
6500.0
6500.0
25389.4

1093.8
16288.8
17382.6
0.0
0.0
0.0
0.0
17382.6

1093.8
18788.9
19882.7
0.0
0.0
6302.5
6302.5
26185.2

12374.3
1072.6
11301.7
1169.0
68.2
13611.5
4405.8
4405.8
9205.7
3620.6
7968.5

10878.4
398.9
10479.5
1054.0
164.4
12096.8
3375.6
3375.6
8721.2
2334.9
7502.8

13504.1
56.3
13447.8
1074.0
237.3
14815.4
6889.5
6889.5
7925.9
5924.5
6614.6

25590.3
1097.8
24492.5
1390.9
867.5
27848.7
3833.3
10333.3
24015.4
8781.4
21757.0

22373.0
933.9
21439.1
1771.2
89.6
24233.8
8247.4
8247.4
15986.4
70.1
14125.6

25220.7
278.1
24942.6
2962.8
83.3
28266.8
3422.2
9724.7
24844.6
7499.1
21798.5

2369.0
530.5
117.0
14142.0

2373.7
690.3
75.4
12787.1

3335.3
1347.4
81.4
16162.8

3462.7
1374.0
121.3
29222.7

2156.2
1396.3
140.6
25630.1

3709.9
1340.6
149.8
29607.4

3087.3
3087.3
0.0
2269.5
817.8
2474.4
1414.3
82.8
1331.5
181.0
756.6
0.0

3712.2
3712.2
0.0
2452.2
1260.0
2711.2
3826.1
258.1
3568.0
314.0
648.5
108.1

4333.9
4333.9
0.0
3022.4
1311.5
3329.0
3145.1
555.5
2589.6
104.0
0.0
0.0

5543.5
5543.5
0.0
3681.0
1862.5
4046.3
11881.9
755.8
11126.1
529.0
248.6
0.0

7665.2
7665.2
0.0
4549.0
3116.2
5122.8
2951.7
901.5
2050.2
693.0
273.5
109.4

11040.4
11040.4
0.0
7080.5
3959.9
11751.4
771.3
984.7
-213.4
858.0
437.5
109.4

3364.8
393.9
2970.9

-324.4
2605.5
-2929.9

-138.4
2485.6
-2624.0

16116.2
10348.5
5767.7

-8006.8
1083.7
-9090.5

8802.6
-1508.9
10311.5

510.9
3481.8

2680.9
-249.0

2567.0
-57.0

10469.8
16237.5

1224.3
-7866.2

-1359.1
8952.4

0.0
308.9
307.4
45.3
9.4
11.7
14.7
1351.1
80.1
5.9
2.7
2.3
13.6
0.3
13.7

0.0
358.4
353.5
35.9
27.9
1306.1
73.0
6.7
7.0
11.1
8.8
0.0
37.9

0.0
215.0
211.6
74.3
16.0
-1796.0
-4503.5
1119.0
76.8
17.7
12.8
9.4
4.0
0.1
27.9

25.6
726.5
703.9
54.7
38.1
64.2
64.5
2279.4
73.0
6.4
13.6
8.6
4.8
0.1
58.9

0.0
293.8
292.7
47.4
8.0
-13.5
-15.6
1589.2
66.8
30.5
11.8
1286.0
33.8
0.1
11.8

24.1
826.0
823.5
48.9
-0.7
-17.1
-15.2
1817.8
106.4
127.7
8.9
13.1
-402.1
0.0
-1.1

152.1
7.8
43.1
18.5
16.0
25.2
21.8
-20.9
-10.1
135.1

501.8
6.9
96.1
49.5
45.2
14.2
29.0
167.6
20.2
130.6

0.0
0.0
59.8
31.2
30.0
11.8
26.8
-37.0
16.7
111.9

4262.7
1.3
200.7
134.3
127.9
9.0
19.0
330.4
27.9
227.9

496.2
1.6
26.7
18.7
12.4
10.2
29.9
-86.1
38.3
158.9

-244.9
2.2
-1.9
-2.0
-9.8
11.3
37.3
-110.7
44.0
181.8

Descon Chemicals Ltd. (Nimir Resins Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

280

2004

2005

2006

2007

2008

2009

315.7
-295.5
20.2
0.0
0.0
78.4
78.4
98.6

315.7
-295.6
20.1
0.0
0.0
78.1
78.1
98.2

315.7
-293.5
22.2
0.0
0.0
78.1
78.1
100.3

315.7
-243.2
72.5
0.0
0.0
70.3
70.3
142.8

315.7
-135.4
180.3
0.0
0.0
62.5
62.5
242.8

315.7
-177.4
138.3
0.0
0.0
54.7
54.7
193.0

1.1
1.1
0.0
76.9
30.6
108.6
116.7
195.1
-8.1
130.5
-115.6

2.2
2.2
0.0
101.1
48.2
151.5
152.5
230.6
-1.0
113.1
-150.3

1.2
1.2
0.0
111.7
47.0
159.9
151.9
230.0
8.0
155.1
-150.7

3.1
3.1
0.0
159.6
106.1
268.8
252.9
323.2
15.9
227.0
-249.8

1.5
1.5
0.0
247.3
155.3
404.1
283.8
346.3
120.3
218.7
-282.3

5.8
5.8
0.0
230.8
61.6
298.2
225.4
280.1
72.8
204.5
-219.6

230.0
106.5
9.9
215.1

228.7
99.2
8.6
250.7

229.9
92.4
8.0
252.3

261.6
126.9
7.4
395.7

263.7
122.5
7.0
526.6

267.8
120.0
6.6
418.2

221.8
221.8
0.0
215.6
6.2
285.4
-60.8
8.9
-69.7
1.1
0.0
0.0

386.8
386.8
0.0
367.3
19.5
419.6
-31.1
7.1
-38.2
1.7
0.0
0.0

580.1
580.1
0.0
548.3
31.8
597.6
-15.5
19.2
-34.7
2.5
0.0
0.0

752.0
752.0
0.0
699.5
52.5
713.4
38.6
27.4
11.2
3.3
0.0
0.0

1221.4
1221.4
0.0
1086.6
134.8
1116.6
119.6
27.8
91.8
5.3
157.8
0.0

894.7
894.7
0.0
829.3
65.4
876.0
18.9
37.1
-18.2
0.0
0.0
0.0

47.9
-70.8
118.7

-0.4
-39.9
39.5

2.1
-37.2
39.3

42.5
7.9
34.6

100.0
-71.3
171.3

-49.8
-18.2
-31.6

-60.9
57.8

-31.3
8.2

-29.2
10.1

15.3
49.9

-64.3
107.0

-11.6
-43.2

79.5
93.1
66.8
965.8
-32.4
-147.8
-105.4
6.4
128.7
4.0
6.8
28.5
-345.0

79.5
99.3
67.7
1147.3
-15.2
-381.7
6.4
108.5
1.8
6.3
21.0
-190.0

77.9
105.3
74.3
1036.0
-13.8
-1771.4
-289.1
7.0
103.0
-123.9
3.3
12.4
-7.2
16.3
-156.3

49.2
106.3
64.3
445.8
2.8
18.6
30.7
23.0
94.9
71.0
3.6
12.1
29.5
18.8
15.4

25.7
142.4
87.7
192.1
17.4
-71.3
-60.1
57.1
91.4
23.2
2.3
12.7
5.8
16.7
50.9

28.3
132.3
105.0
202.5
-4.4
36.5
26.9
43.8
97.9
196.3
4.1
18.1
0.0
20.9
-13.2

0.0
-31.4
-2.2
-2.2
8.3
103.1
175.0
-6.1
0.6

0.0
-9.9
-1.2
-1.3
8.1
154.3
-45.5
74.4
0.6

0.0
0.0
-6.0
-1.1
-1.2
8.1
229.9
-8.3
50.0
0.7

0.0
0.0
1.5
0.4
0.3
8.0
190.0
-136.4
29.6
2.3

54.8
87.5
7.5
2.9
2.7
5.5
231.9
625.0
62.4
5.7

0.0
0.0
-2.0
-0.6
-0.6
5.4
213.9
-120.7
-26.7
4.4

Descon Oxychem Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

281

2005

2006

2007

2008

2009

695.0
-86.7
608.3
0.0
0.0
955.7
955.7
1564.0

1020.0
-97.5
922.5
0.0
0.0
1469.8
1469.8
2392.3

165.1
165.1
0.0
52.6
0.0
217.7
82.5
1038.2
135.2
955.7
82.6

3.3
3.3
0.0
343.3
56.1
402.7
622.8
2092.6
-220.1
1729.1
-619.5

1429.9
1428.8
1.0
1646.5

2667.0
2612.4
53.4
3015.1

0.0
0.0
0.0
0.0
0.0
10.2
-10.2
0.0
-10.2
0.0
0.0
0.0

191.3
168.5
22.8
199.5
-8.2
244.2
-52.9
96.2
-149.1
0.2
0.0
0.0

-10.2
-

828.3
-149.3
977.6

-9.2
-

-95.9
881.7

61.1
263.9
263.9
170.7
-0.6
0.0
0.0
87.5
0.0
0.0
0.0
0.0
0.0
0.0
-1.7

61.4
64.7
55.7
226.8
-4.9
-18.0
-10.9
90.4
127.7
-181.9
50.3
5.6
-0.1
0.6
-16.2

0.0
0.0
0.0
-0.1
-0.1
0.4
0.0
-110.0
8.8

0.0
0.0
-77.9
-1.5
-1.5
3.7
6.3
1400.0
9.0

Dynea Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

282

2004

2005

2006

2007

2008

2009

94.4
171.1
265.5
0.0
0.0
10.7
10.7
276.2

94.4
165.4
259.8
0.0
0.0
0.0
0.0
259.8

94.4
198.6
293.0
0.0
0.0
1.9
1.9
294.9

94.4
202.2
296.6
0.0
0.0
1.4
1.4
298.0

94.4
242.0
336.4
0.0
0.0
4.9
4.9
341.3

94.4
298.3
392.7
0.0
0.0
2.8
2.8
395.5

5.6
5.6
0.0
222.8
119.9
348.3
254.4
265.1
93.9
168.4
-248.8

11.9
11.9
0.0
213.6
137.1
362.6
277.7
277.7
84.9
171.8
-265.8

8.9
8.9
0.0
264.8
147.6
421.3
297.5
299.4
123.8
200.2
-288.6

9.4
9.4
0.0
224.8
163.8
398.0
246.0
247.4
152.0
157.4
-236.6

17.7
17.7
0.0
269.2
233.1
520.0
311.1
316.0
208.9
167.4
-293.4

27.9
27.9
0.0
193.0
155.2
376.1
103.9
106.7
272.2
16.9
-76.0

390.5
182.3
19.0
530.6

0.0
174.9
0.0
537.5

394.3
171.0
17.3
592.3

400.1
145.9
31.4
543.9

405.5
132.3
25.7
652.3

416.8
123.3
23.6
499.4

1000.3
1000.3
0.0
951.3
49.0
1006.8
-3.3
8.5
-11.8
4.1
0.0
0.0

1133.4
1133.4
0.0
1024.0
109.4
1116.2
20.9
11.6
9.3
4.9
0.0
0.0

1305.2
1305.2
0.0
1124.3
180.9
1227.8
78.7
18.4
60.3
5.6
0.0
0.0

1379.1
1379.1
0.0
1247.0
132.1
1337.5
42.7
15.6
27.1
0.0
0.0
0.0

1507.1
1507.1
0.0
1319.1
188.0
1431.6
75.7
11.1
64.6
27.0
0.0
0.0

1297.0
1297.0
0.0
1083.9
213.1
1201.0
97.5
20.3
77.2
27.8
14.2
0.0

57.5
-15.9
73.4

-16.4
4.4
-20.8

35.1
54.7
-19.6

3.1
27.1
-24.0

43.3
37.6
5.7

54.2
35.2
19.0

3.1
76.5

4.4
-16.4

72.0
52.4

58.5
34.5

63.3
69.0

58.8
77.8

3.9
136.9
89.8
99.8
-2.2
-27.7
4.1
281.3
100.6
-257.6
0.8
5.0
-34.7
15.6
-4.4

0.0
130.6
81.2
106.9
1.7
275.2
98.5
55.5
1.0
6.8
52.7
14.5
3.6

0.6
141.6
92.0
102.2
10.2
155.8
137.4
310.4
94.1
23.4
1.4
9.2
9.3
17.6
20.6

0.5
161.8
95.2
83.4
5.0
874.2
169.6
314.2
97.0
36.5
1.1
9.9
0.0
15.0
9.1

1.4
167.1
92.2
93.9
9.9
86.8
91.7
356.4
95.0
14.7
0.7
6.6
41.8
13.7
19.2

0.7
362.0
212.6
27.2
15.5
64.9
75.6
416.0
92.6
20.8
1.6
120.1
36.0
12.5
19.7

0.0
0.0
-1.2
-1.3
-1.7
9.5
188.5
0.0
12.8
28.1

0.0
0.8
1.0
0.5
0.0
210.9
-176.9
13.3
27.5

0.0
0.0
4.6
6.4
5.8
9.9
220.4
540.0
15.2
31.0

0.0
0.0
2.0
2.9
2.9
18.4
253.6
-54.7
5.7
31.4

0.0
0.0
4.3
6.8
4.0
17.6
231.0
134.5
9.3
35.6

347.9
3.6
6.0
8.2
5.2
17.8
259.7
20.6
-13.9
41.6

Engro Corporation Limited (Engro Cheml Pakistan Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

283

(Million Rupees)
2004

2005

2006

2007

2008

2009

1529.4
5131.2
6660.6
0.0
0.0
2579.5
2579.5
9240.1

1529.4
5894.9
7424.3
0.0
0.0
2889.8
2889.8
10314.1

1682.3
7669.7
9352.0
0.0
0.0
1800.0
1800.0
11152.0

1934.7
13413.3
15348.0
0.0
11422.5
4000.0
15422.5
30770.5

2128.2
18802.5
20930.7
0.0
12879.9
15794.9
28674.8
49605.5

2979.4
23786.1
26765.5
0.0
14871.4
44306.8
59178.2
85943.7

3729.9
1441.1
2288.8
1864.4
484.7
6079.0
3935.3
6514.8
2143.7
4262.6
-205.4

3453.3
1142.5
2310.8
1873.7
1923.0
7250.0
3775.9
6665.7
3474.1
3579.5
-322.6

5462.8
1805.2
3657.6
3018.9
923.4
9405.1
4810.7
6610.7
4594.4
4189.8
652.1

15535.9
1617.5
13918.4
5985.0
2690.2
24211.1
7252.2
22674.7
16958.9
16722.5
8283.7

12846.7
1687.0
11159.7
5961.4
4680.9
23489.0
7436.3
36111.1
16052.7
30617.8
5410.4

17394.8
3955.3
13439.5
6251.8
422.6
24069.2
7643.0
66821.2
16426.2
60924.1
9751.8

11491.2
7096.3
573.1
13175.3

11297.7
6840.1
599.7
14090.1

11720.5
6557.6
614.0
15962.7

19924.6
13811.7
626.7
38022.8

39952.1
33552.9
641.5
57041.9

76760.6
69517.5
686.5
93586.7

13067.7
13067.7
0.0
9331.1
3736.6
10623.2
3099.1
287.8
2811.3
751.7
1300.0
0.0

18756.8
18756.8
0.0
14072.8
4684.0
15742.7
3552.0
291.2
3260.8
948.8
1529.4
0.0

19072.2
19072.2
0.0
14835.0
4237.2
16603.9
3807.2
362.6
3444.6
834.4
0.0
0.0

36625.8
36625.8
0.0
28643.5
7982.3
32708.8
4670.5
717.7
3952.8
1125.5
1354.3
0.0

23317.2
23317.2
0.0
1720.6
21596.6
3958.0
22113.5
1508.9
20604.6
949.6
1276.9
0.0

30171.5
30171.5
0.0
23240.2
6931.3
25609.5
6535.5
1320.6
5214.9
1135.1
1787.7
297.9

-675.0
759.6
-1434.6

1074.0
782.6
291.4

837.9
2610.2
-1772.3

19618.5
1473.0
18145.5

18835.0
18378.1
456.9

36338.2
2292.1
34046.1

1332.7
-101.9

1382.3
1673.7

3224.2
1451.9

2099.7
20245.2

19019.6
19476.5

2978.6
37024.7

27.9
154.5
142.2
97.8
21.3
435.5
81.3
9.3
2.2
6.8
26.7
4.0
42.2

28.0
192.0
141.1
89.8
23.1
72.9
82.6
485.4
83.9
8.2
1.6
8.1
29.1
2.9
43.9

16.1
195.5
176.3
70.7
21.6
311.5
222.1
555.9
87.1
9.5
1.9
8.7
24.2
3.3
36.8

50.1
333.8
296.7
147.7
10.4
7.5
10.4
793.3
89.3
15.4
2.0
4.3
28.5
3.8
25.8

57.8
315.9
252.9
172.5
36.1
97.6
97.7
983.5
17.0
6.8
6.5
4.9
4.6
1.1
98.4

68.9
314.9
309.4
249.7
5.6
6.3
8.0
898.4
84.9
20.2
4.4
2.2
21.8
8.3
19.5

158.4
19.5
21.5
18.4
13.5
8.0
99.2
4.0
6.2
43.6

151.2
20.6
17.4
21.3
15.1
8.5
133.1
15.8
43.5
48.5

0.0
0.0
18.1
20.5
15.5
9.0
119.5
-3.8
1.7
55.6

208.8
8.8
10.8
20.4
14.6
9.6
96.3
-0.5
92.0
79.3

1539.3
6.1
88.4
96.8
92.4
4.6
40.9
374.5
-36.3
98.3

228.2
6.7
17.3
17.5
13.7
2.0
32.2
-81.9
29.4
89.8

Engro Polymer & Chemicals Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

284

2005

2006

2007

2008

2009

5203.7
204.7
5408.4
0.0
0.0
11135.2
11135.2
16543.6

278.9
217.5
61.4
1542.6
1605.4
3426.9
6244.1
17379.3
-2817.2
12745.8
-5965.2

21358.8
19360.7
519.8
22787.6

11632.7
10169.3
1463.4
10418.6
1214.1
11340.2
408.9
606.2
-197.3
71.8
0.0
0.0

-269.1
-

250.7
-

67.3
54.9
29.2
321.3
-0.9
0.0
0.0
103.9
97.5
148.3
5.2
4.8
-36.4
3.8
-3.6

0.0
0.0
-1.7
-0.4
-0.5
3.2
51.0
-140.0
10.4

Fauji Fertilizer Bin Qasim Ltd

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

285

2004

2005

2006

2007

2008

2009

9341.1
-2194.5
7146.6
0.0
0.0
2517.2
2517.2
9663.8

9341.1
-1613.6
7727.5
0.0
0.0
2056.6
2056.6
9784.1

9341.1
-803.4
8537.7
0.0
0.0
1598.0
1598.0
10135.7

9341.1
-832.2
8508.9
0.0
0.0
1139.1
1139.1
9648.0

9341.1
1145.3
10486.4
0.0
0.0
683.4
683.4
11169.8

9341.1
1318.8
10659.9
0.0
0.0
227.8
227.8
10887.7

5437.2
5078.6
358.6
1738.1
252.3
7427.6
12303.1
14820.3
-4875.5
4155.9
-6865.9

7665.9
6931.6
734.3
1329.5
1023.0
10018.4
14797.3
16853.9
-4778.9
4752.9
-7131.4

8646.9
9106.4
10358.3
7235.7
3800.6
7941.5
1411.2
5305.8
2416.8
3303.6
2893.4
14889.5
800.5
587.9
5676.7
12751.0
12587.7
30924.5
17545.6
19398.0
35601.9
19143.6
20537.1
36285.3
-4794.6
-6810.3
-4677.4
6588.0
7472.7
19396.1
-8898.7 -10291.6 -25243.6

16434.9
9648.0
6786.9
2986.3
1227.0
20648.2
25337.5
25565.3
-4689.3
8413.9
-8902.6

19164.6
14539.3
930.1
21966.9

20120.5
14563.1
939.4
24581.5

21471.7
14930.3
983.9
27681.3

23989.4
16458.3
990.1
29046.0

24341.9
15847.1
1190.1
46771.6

25880.0
15576.9
9597.6
36225.1

12532.8
12532.8
0.0
9272.0
3260.8
10407.4
2233.1
84.8
2148.3
0.0
0.0
0.0

15277.2
15277.2
0.0
10714.7
4562.5
12256.6
4174.7
259.8
3914.9
0.0
1868.2
0.0

15777.6
15777.6
0.0
11093.4
4684.2
12860.5
4169.3
412.4
3756.9
0.0
2335.3
0.0

13167.1
13167.1
0.0
8344.6
4822.5
9888.4
4530.4
630.5
3899.9
0.0
934.1
0.0

27410.8
27410.8
0.0
19184.7
8226.1
21733.5
7196.8
2792.0
4404.8
1419.2
2101.7
0.0

36724.9
36724.9
0.0
27059.6
9665.3
30454.5
7268.1
1459.8
5808.3
2195.2
3736.4
0.0

1772.1
2148.3
-376.2

120.3
2046.7
-1926.4

351.6
1421.6
-1070.0

-487.7
2965.8
-3453.5

1521.8
883.9
637.9

-282.1
-123.3
-158.8

3078.4
2702.2

2986.1
1059.7

2405.5
1335.5

3955.9
502.4

2074.0
2711.9

9474.3
9315.5

26.0
60.4
58.3
207.4
9.8
121.2
113.9
76.5
83.0
3.8
0.7
2.0
0.0
3.4
30.1

21.0
67.7
60.8
218.1
15.9
1701.3
281.8
82.7
80.2
6.2
1.7
5.5
0.0
0.8
50.7

15.8
72.7
68.1
224.2
13.6
404.3
180.1
91.4
81.5
9.9
2.6
6.3
0.0
1.5
44.0

11.8
64.9
61.9
241.4
13.4
-608.1
787.4
91.1
75.1
13.9
4.8
8.4
0.0
1.9
45.8

6.1
86.9
70.9
346.0
9.4
58.1
76.5
112.3
79.3
38.8
10.2
14.4
32.2
1.0
42.0

2.1
81.5
76.7
239.8
16.0
43.7
101.7
114.1
82.9
20.1
4.0
17.3
37.8
1.3
54.5

0.0
17.1
2.3
2.3
6.1
57.1
475.0
108.4
7.7

209.6
24.2
25.6
4.2
4.2
6.5
62.1
82.6
21.9
8.3

160.9
27.4
23.8
4.0
4.0
6.8
57.0
-4.8
3.3
9.1

417.5
11.0
29.6
4.2
4.2
6.6
45.3
5.0
-16.5
9.1

142.1
20.0
16.1
4.7
3.2
7.2
58.6
11.9
108.2
11.2

96.7
35.1
15.8
6.2
3.9
60.6
101.4
31.9
34.0
11.4

Fauji Fertilizer Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

286

2004

2005

2006

2007

2008

2009

2949.7
7882.9
10832.6
0.0
0.0
2868.4
2868.4
13701.0

4934.7
6178.8
11113.5
0.0
433.0
548.1
981.1
12094.6

4934.7
6452.6
11387.3
0.0
216.5
977.3
1193.8
12581.1

4934.7
6226.1
11160.8
0.0
0.0
2671.3
2671.3
13832.1

4934.7
5781.3
10716.0
0.0
0.0
5378.2
5378.2
16094.2

6785.3
4728.0
11513.3
0.0
0.0
4578.8
4578.8
16092.1

11387.0
1055.8
10331.2
3877.8
219.2
15484.0
10963.6
13832.0
4520.4
5237.6
423.4

13425.4
1172.1
12253.3
3604.7
560.5
17590.6
14680.7
15661.8
2909.9
5373.4
-1255.3

8032.6
1623.2
6409.4
7267.6
952.9
16253.1
13280.0
14473.8
2973.1
6612.2
-5247.4

10702.8
1350.0
9352.8
5935.9
642.8
17281.5
13839.9
16511.2
3441.6
6834.9
-3137.1

12188.2
931.9
11256.3
5172.6
258.1
17618.9
14255.5
19633.7
3363.4
9235.2
-2067.3

18345.4
3849.3
14496.1
4499.3
144.1
22988.8
20890.4
25469.2
2098.4
12466.6
-2545.0

22269.8
9180.7
638.5
24664.7

22879.7
9184.7
605.9
26775.3

23698.7
9608.0
665.7
25861.1

25628.8
10390.5
720.0
27672.0

28622.2
12730.8
891.5
30349.7

32132.0
13993.5
1076.7
36982.3

39946.4
39946.4
0.0
28800.1
11146.3
32263.1
8229.9
457.8
7772.1
2184.0
3231.8
384.7

43481.9
43481.9
0.0
29799.3
13682.6
34340.0
10763.9
585.8
10178.1
2323.0
4751.3
0.0

48595.9
48595.9
0.0
34180.2
14415.7
39427.8
10841.7
929.7
9912.0
2354.0
4934.7
0.0

40688.8
40688.8
0.0
25731.8
14957.0
30532.1
11735.0
1326.9
10408.1
2505.0
4441.3
0.0

57433.7
57433.7
0.0
36829.4
20604.3
42941.4
17289.5
3487.3
13802.2
4738.2
6785.3
19.7

36163.2
36163.2
0.0
20515.0
15648.2
24962.0
14002.2
944.9
13057.3
3642.1
8922.6
678.5

-3220.5
2356.3
-5576.8

-1606.4
3103.8
-4710.2

486.5
2623.3
-2136.8

1251.0
3461.8
-2210.8

2262.1
2278.7
-16.6

-2.1
492.6
-494.7

2994.8
-2582.0

3709.7
-1000.5

3289.0
1152.2

4181.8
1971.0

3170.2
3153.6

1569.3
1074.6

20.9
141.2
139.2
127.7
31.5
367.2
80.8
5.6
1.1
8.7
28.1
3.5
71.7

8.1
119.8
116.0
140.9
38.0
225.2
79.0
5.4
1.3
10.9
22.8
1.5
91.6

9.5
122.4
115.2
127.1
38.3
539.2
285.5
230.8
81.1
8.6
1.9
14.1
23.7
2.0
87.0

19.3
124.9
120.2
147.9
37.6
276.7
212.2
226.2
75.0
11.3
3.3
19.4
24.1
4.2
93.3

33.4
28.5
123.6
110.0
121.8
109.4
183.2
221.2
45.5
35.3
100.7 -23457.1
100.5
146.0
217.2
169.7
74.8
69.0
20.2
6.7
6.1
2.6
37.8
7.6
34.3
27.9
0.9
0.7
128.8
113.4

172.9
29.8
19.5
26.3
18.9
6.9
162.0
37.0
32.2
36.7

165.3
42.8
23.4
20.6
15.9
6.6
162.4
-21.7
8.9
22.5

153.2
43.3
20.4
20.1
15.3
7.2
187.9
-2.4
11.8
23.1

177.9
39.8
25.6
21.1
16.0
7.5
147.0
5.0
-16.3
22.6

133.6
63.3
24.0
28.0
18.4
8.6
189.2
32.7
41.2
21.7

105.5
77.5
36.1
19.2
13.9
8.5
97.8
-31.4
-37.0
17.0

Ferozsons Laboratories Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

287

2004

2005

2006

2007

2008

2009

55.2
248.6
303.8
0.0
0.0
2.3
2.3
306.1

77.3
360.7
438.0
0.0
0.0
11.9
11.9
449.9

100.5
679.1
779.6
0.0
0.0
5.3
5.3
784.9

120.6
819.0
939.6
0.0
0.0
76.2
76.2
1015.8

144.7
933.6
1078.3
0.0
0.0
157.5
157.5
1235.8

173.6
1044.0
1217.6
0.0
0.0
99.8
99.8
1317.4

80.1
41.0
39.1
49.8
84.6
214.5
135.2
137.5
79.3
7.4
-55.1

142.7
66.5
76.2
63.1
97.1
302.9
118.8
130.7
184.1
23.4
23.9

237.3
12.3
225.0
73.2
145.3
455.8
157.6
162.9
298.2
16.1
79.7

378.3
41.7
336.6
166.8
133.8
678.9
202.5
278.7
476.4
97.8
175.8

433.7
35.8
397.9
256.1
180.8
870.6
245.9
403.4
624.7
216.7
187.8

237.1
22.3
214.8
334.2
273.0
844.3
262.5
362.3
581.8
157.5
-25.4

305.2
227.0
16.6
441.5

363.9
265.7
23.8
568.6

539.5
486.7
45.2
942.5

630.5
539.5
42.1
1218.4

732.7
611.0
33.2
1481.6

1066.1
735.6
45.0
1579.9

546.4
546.4
0.0
237.6
308.8
399.8
150.0
1.4
148.6
44.4
38.6
22.1

806.2
806.2
0.0
418.0
388.2
606.9
219.1
1.9
217.2
64.6
19.3
22.1

923.0
923.0
0.0
476.6
446.4
710.5
223.9
2.3
221.6
63.2
40.2
20.1

1022.5
1022.5
0.0
515.6
506.9
799.2
262.7
4.1
258.6
56.8
78.4
24.1

1045.2
1045.2
0.0
504.5
540.7
785.7
294.1
1.5
292.6
74.2
43.4
28.9

1085.4
1085.4
0.0
501.2
584.2
871.3
249.4
3.7
245.7
58.7
17.4
34.7

46.1
65.6
-19.5

143.8
133.3
10.5

335.0
118.2
216.8

230.9
123.4
107.5

220.0
175.0
45.0

81.6
169.6
-88.0

82.2
62.7

157.1
167.6

163.4
380.2

165.5
273.0

208.2
253.2

214.6
126.6

0.8
158.7
96.1
45.3
33.7
142.3
131.1
550.4
73.2
0.9
0.3
18.9
29.9
1.2
48.9

2.6
255.0
173.2
29.8
38.2
92.7
93.7
566.6
75.3
0.9
0.2
8.1
29.7
0.7
49.6

0.7
289.2
197.0
20.9
23.5
35.3
43.0
775.7
77.0
1.0
0.2
14.3
28.5
1.4
28.4

7.5
335.3
269.2
29.7
21.2
53.4
60.6
779.1
78.2
1.6
0.4
4.2
22.0
3.1
27.5

12.7
354.0
280.5
37.4
19.7
79.5
82.2
745.2
75.2
0.5
0.1
0.7
25.4
2.3
27.1

7.6
321.6
217.6
29.8
15.6
207.8
169.5
701.4
80.3
1.5
0.3
2.3
23.9
4.6
20.2

269.9
12.7
27.2
26.9
18.9
9.3
123.8
20.1
3.0
55.0

790.7
4.4
26.9
28.1
19.7
10.5
141.8
4.5
47.5
56.7

394.0
5.2
24.0
22.0
15.8
17.0
97.9
-21.7
14.5
77.6

257.4
8.3
25.3
21.4
16.7
8.7
83.9
-2.7
10.8
77.9

503.2
4.0
28.0
20.2
15.1
6.0
70.5
-5.6
2.2
74.5

1074.7
1.4
22.6
14.2
10.8
7.4
68.7
-29.7
3.8
70.1

Glaxosmithkline (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

288

2004

2005

2006

2007

2008

2009

873.8
4866.8
5740.6
0.0
0.0
0.0
0.0
5740.6

1092.3
5850.7
6943.0
0.0
0.0
0.0
0.0
6943.0

1365.4
6171.5
7536.9
0.0
0.0
0.0
0.0
7536.9

1706.7
6410.9
8117.6
0.0
0.0
0.0
0.0
8117.6

1706.7
6648.2
8354.9
0.0
0.0
0.0
0.0
8354.9

1706.7
6397.4
8104.1
0.0
0.0
0.0
0.0
8104.1

3460.8
3054.1
406.7
338.5
1632.3
5431.6
1124.5
1124.5
4307.1
0.0
2336.3

4372.0
3984.3
387.7
412.4
1973.0
6757.4
1317.5
1317.5
5439.9
0.0
3054.5

4862.0
4666.5
195.5
612.0
2195.4
7669.4
1906.9
1906.9
5762.5
0.0
2955.1

4697.8
4252.7
445.1
952.8
2277.2
7927.8
2046.9
2046.9
5880.9
0.0
2650.9

3052.3
2724.9
327.4
1664.1
3494.1
8210.5
2270.7
2270.7
5939.8
0.0
781.6

2552.8
1739.2
813.6
1792.4
4061.8
8407.0
2903.8
2903.8
5503.2
0.0
-351.0

2793.5
1433.6
157.9
6865.2

2982.7
1503.1
151.6
8260.5

3374.8
1774.4
152.8
9443.8

3659.0
2236.7
172.4
10164.5

4185.0
2415.3
231.0
10625.8

4495.8
2600.8
266.9
11007.8

8993.8
8839.8
154.0
5488.1
3505.7
7033.4
2148.0
28.6
2119.4
629.0
0.0
145.6

9554.1
9369.9
184.2
5707.7
3846.4
7196.8
2707.7
13.2
2694.5
875.0
611.7
218.5

10240.1
10025.5
214.6
6373.4
3866.7
8085.3
2651.2
19.3
2631.9
944.4
1092.3
273.1

10784.8
10528.5
256.3
6832.7
3952.1
8754.2
2670.0
11.6
2658.4
877.9
1280.0
426.7

13687.0
13397.4
289.6
9831.5
3855.5
11889.0
3077.8
76.9
3000.9
990.0
1621.4
0.0

14719.2
14328.8
390.4
11173.5
3545.7
13574.7
1581.1
14.3
1566.8
670.0
853.4
0.0

1381.0
1490.4
-109.4

1202.4
1207.8
-5.4

593.9
595.2
-1.3

580.7
500.5
80.2

237.3
389.5
-152.2

-250.8
43.4
-294.2

1648.3
1538.9

1359.4
1354.0

748.0
746.7

672.9
753.1

620.5
468.3

310.3
16.1

0.0
483.0
337.9
19.6
30.9
107.9
107.1
657.0
78.2
1.3
0.3
29.7
0.4
36.9

0.0
512.9
363.1
19.0
32.6
100.4
100.4
635.6
75.3
0.5
0.1
32.5
0.7
38.8

0.0
402.2
287.1
25.3
27.9
100.2
100.2
552.0
79.0
0.7
0.2
0.0
35.9
0.8
34.9

0.0
387.3
276.1
25.2
26.2
86.2
89.4
475.6
81.2
0.4
0.1
0.0
33.0
1.1
32.7

0.0
361.6
207.7
27.2
28.2
164.1
132.5
489.5
86.9
2.5
0.6
0.0
33.0
7.4
35.9

0.0
289.5
149.6
35.8
14.2
-17.3
1927.3
474.8
92.2
0.9
0.1
0.0
42.8
6.8
19.3

0.0
23.6
24.3
17.1
10.8
131.0
14.1
9.6
65.7

297.4
8.8
28.2
24.7
16.7
10.6
115.7
1.6
6.2
63.6

154.5
14.5
25.7
19.3
12.4
10.2
108.4
-21.9
7.2
55.2

139.1
15.8
24.6
15.6
10.4
9.7
106.1
-19.2
5.3
47.6

124.0
19.4
21.9
17.6
11.8
10.3
128.8
12.8
26.9
49.0

105.1
10.5
10.6
9.2
5.3
11.1
133.7
-47.7
7.5
47.5

Highnoon Laboratories Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

289

2004

2005

2006

2007

2008

2009

101.4
312.2
413.6
0.0
0.0
75.9
75.9
489.5

113.6
366.1
479.7
0.0
0.0
31.5
31.5
511.2

130.7
353.2
483.9
0.0
0.0
40.9
40.9
524.8

150.3
464.4
614.7
0.0
0.0
86.2
86.2
700.9

165.3
467.3
632.6
0.0
0.0
96.5
96.5
729.1

165.3
499.9
665.2
0.0
0.0
70.6
70.6
735.8

25.6
25.6
0.0
141.7
283.2
450.5
493.1
569.0
-42.6
382.2
-467.5

33.5
13.5
20.0
209.6
281.7
524.8
524.7
556.2
0.1
362.6
-491.2

35.6
15.6
20.0
205.8
359.6
601.0
591.5
632.4
9.5
354.5
-555.9

31.9
11.9
20.0
226.2
418.4
676.5
594.4
680.6
82.1
370.5
-562.5

17.2
7.2
10.0
259.3
449.9
726.4
680.7
777.2
45.7
486.1
-663.5

35.2
35.2
0.0
232.4
700.5
968.1
953.0
1023.6
15.1
682.1
-917.8

702.8
532.1
44.7
982.6

712.0
511.1
52.7
1035.9

753.4
515.3
52.9
1116.3

860.1
618.7
55.5
1295.2

957.9
683.3
56.3
1409.7

1048.5
720.5
64.8
1688.6

1107.8
1071.4
36.4
733.1
374.7
1040.3
77.5
22.1
55.4
22.1
25.4
0.0

1384.9
1339.0
45.9
905.8
479.1
1302.9
99.3
35.1
64.2
14.8
0.0
0.0

1640.5
1549.4
91.1
976.3
664.2
1516.0
141.4
41.5
99.9
45.0
19.6
19.6

2072.1
2010.2
61.9
1272.5
799.6
1941.5
144.1
47.1
97.0
54.8
37.6
15.0

2354.3
2295.0
59.3
1547.7
806.6
2171.4
198.8
78.6
120.2
15.9
41.3
0.0

2334.8
2233.8
101.0
1488.6
846.2
2162.8
181.2
79.3
101.9
33.6
41.3
0.0

138.2
7.9
130.3

21.7
49.4
-27.7

13.6
35.3
-21.7

176.1
4.6
171.5

28.2
63.0
-34.8

6.7
27.0
-20.3

52.6
182.9

102.1
74.4

88.2
66.5

60.1
231.6

119.3
84.5

91.8
71.5

15.5
91.4
33.9
137.6
5.6
5.7
28.8
407.9
93.9
28.5
2.0
5.8
39.9
2.0
13.4

6.2
100.0
46.3
115.9
6.2
227.6
137.2
422.3
94.1
35.3
2.5
9.7
23.1
0.0
13.4

7.8
101.6
40.8
130.7
8.9
259.6
132.6
370.2
92.4
29.3
2.5
11.7
45.0
7.7
20.6

12.3
113.8
43.4
110.7
7.5
2.6
25.9
409.0
93.7
32.7
2.3
12.7
56.5
9.0
15.8

13.2
106.7
40.6
122.9
8.5
223.4
141.2
382.7
92.2
39.5
3.3
16.2
13.2
6.0
19.0

9.6
101.6
28.1
153.9
6.0
403.0
128.4
402.4
92.6
43.8
3.4
11.6
33.0
1.6
15.3

131.1
6.1
5.0
5.5
3.3
13.7
112.7
-12.7
15.6
40.8

0.0
4.6
5.7
4.3
10.1
133.7
3.6
25.0
42.2

280.1
4.1
6.1
7.6
4.2
10.4
147.0
33.3
18.5
37.0

112.2
6.1
4.7
6.5
2.8
10.8
160.0
-14.5
26.3
40.9

252.5
6.5
5.1
7.3
6.3
9.1
167.0
12.3
13.6
38.3

165.4
6.2
4.4
6.2
4.1
9.5
138.3
-15.1
-0.8
40.2

ICI Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

290

2004

2005

2006

2007

2008

2009

1388.0
7223.4
8611.4
0.0
0.0
0.0
0.0
8611.4

1388.0
8687.1
10075.1
0.0
0.0
0.0
0.0
10075.1

1388.0
9929.4
11317.4
0.0
0.0
0.0
0.0
11317.4

1388.0
10982.9
12370.9
0.0
0.0
0.0
0.0
12370.9

1388.0
12015.2
13403.2
0.0
0.0
0.0
0.0
13403.2

1388.0
13026.6
14414.6
0.0
0.0
0.0
0.0
14414.6

1866.7
1864.2
2.5
3556.4
2923.7
8346.8
5249.8
5249.8
3097.0
112.1
-3383.1

1900.2
1687.7
212.5
4186.3
2511.5
8598.0
4560.7
4560.7
4037.3
0.0
-2660.5

2003.7
1791.2
212.5
4163.1
2347.8
8514.6
5540.3
5540.3
2974.3
3.6
-3536.6

4197.6
3615.1
582.5
3750.9
2311.3
10259.8
6395.7
6395.7
3864.1
0.0
-2198.1

2683.6
1971.1
712.5
3473.7
2952.0
9109.3
5059.8
5059.8
4049.5
0.0
-2376.2

5180.8
4468.3
712.5
3772.3
3244.5
12197.6
7008.0
7008.0
5189.6
0.0
-1827.2

14603.8
5514.4
687.8
13861.2

15426.5
6037.9
666.0
14635.9

18545.0
8343.3
688.9
16857.9

19468.9
8506.7
842.4
18766.5

21023.8
9353.8
774.0
18463.1

21704.7
9225.1
863.0
21422.7

21243.5
21243.5
0.0
18434.6
2808.9
19923.5
4928.8
263.3
4665.5
116.1
347.0
0.0

21054.3
21054.3
0.0
17852.0
3202.3
19469.6
1745.3
133.9
1611.4
0.0
277.6
0.0

21885.3
21885.3
0.0
17934.1
3951.2
19707.9
2300.4
324.0
1976.4
2.4
763.4
0.0

25973.0
25973.0
0.0
21308.9
4664.1
23369.0
2758.3
154.1
2604.2
127.7
832.8
0.0

27798.9
27032.2
766.7
22303.1
5495.8
24980.2
3032.1
219.3
2812.8
102.8
902.2
0.0

28429.9
28429.9
0.0
22754.0
5675.9
25649.8
3240.1
167.5
3072.6
490.8
624.6
0.0

3548.1
4202.4
-654.3

1463.7
1333.8
129.9

1242.3
1210.6
31.7

1053.5
1643.7
-590.2

1032.3
1807.8
-775.5

1011.4
1957.2
-945.8

4890.2
4235.9

1999.8
2129.7

1899.5
1931.2

2486.1
1895.9

2581.8
1806.3

2820.2
1874.4

0.0
159.0
103.3
61.0
33.7
118.4
115.4
620.4
93.8
5.3
1.2
234.9
2.5
4.0
54.2

0.0
188.5
133.5
45.3
11.0
91.1
93.9
725.9
92.5
7.7
0.6
0.0
3.1
16.0

0.0
153.7
111.3
49.0
11.7
97.4
98.4
815.4
90.1
14.1
1.5
9000.0
0.1
3.3
17.5

0.0
160.4
124.3
51.7
13.9
156.0
131.1
891.3
90.0
5.6
0.6
0.0
4.9
4.0
21.1

0.0
180.0
121.7
37.8
15.2
175.1
142.9
965.6
89.9
7.2
0.8
0.0
3.7
2.9
21.0

0.0
174.1
127.8
48.6
14.3
193.5
150.5
1038.5
90.2
5.2
0.6
0.0
16.0
3.2
21.3

1311.1
4.0
22.0
33.6
32.8
12.2
153.3
-830.4
-3.9
62.0

580.5
2.8
7.7
11.6
11.6
12.7
143.9
-65.5
-0.9
72.6

258.6
6.7
9.0
14.2
14.2
9.5
129.8
22.4
3.9
81.5

297.4
6.7
10.0
18.8
17.8
10.1
138.4
32.4
18.7
89.1

300.4
6.7
10.1
20.3
19.5
9.1
150.6
8.0
7.0
96.6

413.4
4.3
10.8
22.1
18.6
9.2
132.7
8.9
2.3
103.9

Ittehad Chemicals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

291

2004

2005

2006

2007

2008

2009

250.0
159.2
409.2
0.0
250.0
329.2
579.2
988.4

300.0
231.6
531.6
0.0
166.5
760.3
926.8
1458.4

300.0
963.6
1263.6
0.0
83.3
1000.4
1083.7
2347.3

360.0
1046.3
1406.3
0.0
0.0
802.5
802.5
2208.8

360.0
1054.9
1414.9
0.0
0.0
1150.5
1150.5
2565.4

360.0
1276.3
1636.3
250.0
0.0
874.3
1124.3
2760.6

344.2
286.7
57.5
413.6
40.4
798.2
588.2
1167.4
210.0
707.4
-244.0

81.1
80.8
0.3
686.6
95.0
862.7
938.0
1864.8
-75.3
1535.3
-856.9

259.5
257.7
1.8
620.3
144.6
1024.4
1211.3
2295.0
-186.9
1775.5
-951.8

94.6
29.1
65.5
845.4
102.3
1042.3
1323.1
2125.6
-280.8
1637.9
-1228.5

177.0
40.9
136.1
744.7
144.3
1066.0
921.4
2071.9
144.6
1495.9
-744.4

192.5
26.0
166.5
1048.5
105.7
1346.7
1041.8
2166.1
304.9
1280.6
-849.3

974.1
778.3
18.2
1576.5

1870.9
1533.7
76.8
2396.4

3022.5
2534.3
151.3
3558.7

3171.3
2489.6
194.7
3531.9

3283.5
2420.9
181.9
3486.9

3505.3
2455.6
188.1
3802.3

1550.3
1547.1
3.2
1385.3
165.0
1464.1
88.9
12.9
76.0
20.0
37.5
0.0

2208.1
2208.1
0.0
1875.0
333.1
2059.6
152.7
62.5
90.2
9.7
0.0
50.0

2519.2
2519.2
0.0
2053.9
465.3
2221.9
308.7
142.1
166.6
11.0
0.0
60.0

2958.6
2958.6
0.0
2336.6
622.0
2527.8
442.6
207.8
234.8
12.9
54.0
0.0

3171.0
3171.0
0.0
2636.2
534.8
2863.0
309.8
218.1
91.7
14.4
54.0
0.0

3568.3
3457.7
110.6
2748.0
820.3
3073.1
516.2
239.6
276.6
35.8
54.0
0.0

0.0
18.5
-18.5

470.0
80.5
389.5

888.9
155.6
733.3

-138.5
167.9
-306.4

356.6
23.3
333.3

195.2
186.8
8.4

36.7
18.2

157.3
546.8

306.9
1040.2

362.6
56.2

205.2
538.5

374.9
383.3

58.6
135.7
128.8
285.3
4.8
201.6
163.7
94.4
14.5
0.8
1.8
26.3
9.6
18.6

63.5
92.0
81.8
350.8
3.8
17.1
28.8
177.2
93.3
40.9
2.8
4.1
10.8
7.8
17.0

46.2
84.6
72.6
181.6
4.7
17.5
29.5
421.2
88.2
46.0
5.6
8.0
6.6
8.0
13.2

36.3
78.8
71.0
151.1
6.6
-121.2
645.2
390.6
85.4
46.9
7.0
12.7
5.5
15.0
16.7

44.8
115.7
100.0
146.4
2.6
6.5
38.1
393.0
90.3
70.4
6.9
14.6
15.7
9.4
6.5

40.7
129.3
119.1
132.4
7.3
95.7
97.8
454.5
86.1
46.4
6.7
18.7
12.9
16.1
16.9

149.3
9.2
4.9
3.0
2.2
6.2
98.3
-94.8
0.2
16.4

0.0
4.1
3.0
2.7
8.8
92.1
0.0
42.4
17.7

0.0
0.0
6.6
5.6
5.2
10.1
70.8
86.7
14.1
42.1

410.9
3.8
7.9
6.5
6.2
7.7
83.8
16.1
17.4
39.1

143.1
3.8
2.9
2.5
2.1
7.6
90.9
-61.5
7.2
39.3

445.9
3.3
7.8
7.7
6.7
7.8
93.8
208.0
12.5
45.5

Leiner Pak Gelatine Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

292

2004

2005

2006

2007

2008

2009

75.0
64.0
139.0
0.0
0.0
14.2
14.2
153.2

75.0
65.1
140.1
0.0
0.0
8.3
8.3
148.4

75.0
79.6
154.6
0.0
0.0
2.4
2.4
157.0

75.0
64.7
139.7
0.0
0.0
1.7
1.7
141.4

75.0
129.7
204.7
0.0
0.0
2.4
2.4
207.1

75.0
150.9
225.9
0.0
0.0
3.7
3.7
229.6

2.1
2.1
0.0
74.1
80.1
156.3
110.7
124.9
45.6
74.0
-108.6

2.1
2.1
0.0
172.2
0.0
174.3
132.3
140.6
42.0
63.4
-130.2

1.8
1.8
0.0
47.4
111.9
161.1
108.8
111.2
52.3
61.4
-107.0

1.2
1.2
0.0
57.5
112.8
171.5
130.0
131.7
41.5
62.9
-128.8

1.1
1.1
0.0
55.6
130.6
187.3
152.8
155.2
34.5
84.7
-151.7

1.2
1.2
0.0
65.6
144.7
211.5
154.2
157.9
57.3
87.8
-153.0

0.0
107.7
0.0
264.0

253.4
106.4
10.8
280.7

262.4
104.7
10.6
265.8

266.3
99.9
9.9
271.4

346.1
172.4
9.7
359.7

354.8
172.2
9.7
383.7

216.4
49.7
166.7
175.6
40.8
205.8
12.8
4.8
8.0
2.3
7.2
0.0

229.9
69.1
160.8
176.8
53.1
209.7
20.1
5.2
14.9
4.1
8.5
0.0

265.8
100.2
165.6
203.5
62.3
240.7
26.8
6.4
20.4
5.4
0.0
0.0

273.5
118.1
155.4
227.6
45.9
264.6
10.6
5.5
5.1
3.1
0.0
0.0

254.4
126.8
127.6
216.2
38.2
254.4
7.3
7.1
0.2
2.4
0.0
0.0

431.0
257.6
173.4
349.9
81.1
393.2
41.1
11.6
29.5
8.7
9.0
0.0

11.5
-1.5
13.0

-4.8
2.3
-7.1

8.6
15.0
-6.4

-15.6
2.0
-17.6

65.7
-2.2
67.9

22.5
11.8
10.7

-1.5
11.5

13.1
6.0

25.6
19.2

11.9
-5.7

7.5
75.4

21.5
32.2

9.3
141.2
68.8
89.9
3.0
-13.0
-13.0
185.3
95.1
37.5
2.2
6.5
28.8
15.2
5.8

5.6
131.7
131.7
100.4
5.3
218.3
186.8
91.2
25.9
2.3
8.2
27.5
10.3
10.6

1.5
148.1
45.2
71.9
7.7
174.4
133.3
206.1
90.6
23.9
2.4
10.4
26.5
5.5
13.2

1.2
131.9
45.2
94.3
1.9
-12.8
-208.8
186.3
96.7
51.9
2.0
8.7
60.8
12.2
3.7

1.2
122.6
37.1
75.8
0.1
-3.3
9.9
272.9
100.0
97.3
2.8
8.4
1200.0
10.6
0.1

1.6
137.2
43.3
69.9
7.7
52.4
66.8
301.2
91.2
28.2
2.7
13.2
29.5
9.3
13.1

79.2
5.2
3.7
1.1
0.8
0.0
82.0
-21.4
10.0
18.5

127.1
6.1
6.5
2.0
1.4
10.0
81.9
81.8
6.2
18.7

0.0
0.0
7.7
2.7
2.0
10.0
100.0
35.0
15.6
20.6

0.0
0.0
1.9
0.7
0.3
9.5
100.8
-74.1
2.9
18.6

0.0
0.0
0.1
0.0
-0.3
9.7
70.7
-100.0
-7.0
27.3

231.1
4.0
6.8
3.9
2.8
5.6
112.3
0.0
69.4
30.1

Lotte Pakistan PTA Ltd.(Pakistan PTA Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

293

2004

2005

2006

15142.1
-9752.3
5389.8
0.0
0.0
0.0
0.0
5389.8

15142.1
-8702.4
6439.7
0.0
0.0
2024.0
2024.0
8463.7

2008

2009

15142.1
-9255.4
5886.7
0.0
0.0
533.8
533.8
6420.5

15142.1
15142.1
-9314.5 -10988.9
5827.6
4153.2
0.0
0.0
0.0
0.0
4379.0
400.2
4379.0
400.2
10206.6
4553.4

15142.1
-7605.7
7536.4
0.0
0.0
351.8
351.8
7888.2

32.2
57.7
32.2
57.7
0.0
0.0
1990.4
2450.2
2835.6
3703.1
4858.2
6211.0
8962.9
11495.4
10986.9
12029.2
-4104.7
-5284.4
7154.0
6109.8
-8930.7 -11437.7

74.2
16.4
74.2
16.4
0.0
0.0
4150.2
4009.4
2344.6
1244.3
6569.0
5270.1
7108.2
10669.6
11487.2
11069.8
-539.2
-5399.5
5947.3
483.8
-7034.0 -10653.2

5437.9
5437.9
0.0
2929.0
1273.9
9640.8
11088.2
11440.0
-1447.4
471.1
-5650.3

24223.8
13843.0
1600.8
19377.9

24571.6
12568.4
1622.4
17426.6

12430.1
11704.8
1372.0
17915.8

25453.6
10745.9
1175.5
17314.9

25856.2
9952.8
1193.7
15222.9

26431.0
9335.5
1205.9
18976.3

26953.2
26953.2
0.0
23640.2
3313.0
24734.7
2267.3
865.0
1402.3
110.0
0.0
0.0

28424.9
23170.9
5254.0
25754.3
2670.6
26271.9
2395.1
979.2
1415.9
410.9
0.0
0.0

30815.4
27577.8
3237.6
28579.0
2236.4
29264.0
1635.6
1270.8
364.8
485.0
0.0
0.0

31535.5
31535.5
0.0
30185.5
1350.0
30471.9
1232.6
1033.3
199.3
206.8
0.0
0.0

35975.2
35975.2
0.0
35106.9
868.3
36780.2
-651.2
1027.5
-1678.7
65.9
0.0
0.0

37773.5
37770.7
2.8
31898.1
5875.4
33225.8
5026.5
307.3
4719.2
1296.5
757.1
0.0

280.8
1292.3
-1011.5

3073.9
1005.0
2068.9

-2043.2
-120.2
-1923.0

3786.1
-7.5
3793.6

-5653.2
-1744.6
-3908.6

3334.8
2665.6
669.2

2893.1
1881.6

2627.4
4696.3

1251.8
-671.2

1168.0
4961.6

-550.9
-4459.5

3871.5
4540.7

0.0
39.6
10.8
259.5
7.2
460.2
153.8
35.6
91.8
38.2
3.2
7.8
0.6
26.0

23.9
54.2
22.6
170.6
8.1
32.7
55.9
42.5
92.4
40.9
3.4
13.7
29.0
2.7
22.0

8.3
54.0
21.8
204.3
2.0
5.9
-186.5
38.9
95.0
77.7
4.1
20.8
132.9
2.6
6.2

42.9
92.4
59.4
197.1
1.2
-0.2
23.5
38.5
96.6
83.8
3.3
17.4
103.8
8.9
3.4

8.8
49.4
37.7
266.5
-11.0
30.9
12.4
27.4
102.2
-157.8
2.9
212.4
-3.9
3.0
-40.4

4.5
86.9
75.5
151.8
24.9
79.9
85.3
49.8
88.0
6.1
0.8
65.2
27.5
4.8
62.6

0.0
5.2
0.9
0.9
10.6
139.1
-123.7
30.7
3.6

0.0
5.0
0.9
0.7
11.7
163.1
0.0
5.5
4.3

0.0
0.0
1.2
0.2
-0.1
10.8
172.0
-77.8
8.4
3.9

0.0
0.0
0.6
0.1
0.0
10.0
182.1
-50.0
2.3
3.8

0.0
0.0
-4.7
-1.1
-1.2
0.0
236.3
-1200.0
14.1
2.7

452.1
10.0
12.5
3.1
2.3
12.1
199.1
-381.8
5.0
5.0

21.6
21.6
0.0
1482.7
4030.6
5534.9
13988.1
13988.1
-8453.2
0.0
-13966.5

2007

Nimir Industrial Chemicals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

294

2004

2005

2006

2007

2008

2009

707.8
-339.0
368.8
0.0
0.0
539.8
539.8
908.6

884.7
-338.7
546.0
0.0
0.0
553.8
553.8
1099.8

1105.9
-746.9
359.0
0.0
0.0
176.5
176.5
535.5

1105.9
-846.0
259.9
0.0
0.0
144.2
144.2
404.1

1105.9
-844.8
261.1
0.0
0.0
106.8
106.8
367.9

1105.9
-991.6
114.3
0.0
0.0
127.0
127.0
241.3

48.3
48.3
0.0
283.5
49.0
380.8
507.6
1047.4
-126.8
590.9
-459.3

126.3
126.3
0.0
135.1
67.4
328.8
319.4
873.2
9.4
612.7
-193.1

93.4
93.4
0.0
155.7
66.9
316.0
916.4
1092.9
-600.4
181.5
-823.0

135.2
135.2
0.0
179.1
123.1
437.4
1244.6
1388.8
-807.2
242.5
-1109.4

49.6
49.6
0.0
257.0
210.7
517.3
1324.5
1431.3
-807.2
177.3
-1274.9

2.7
2.7
0.0
328.2
180.2
511.1
1433.4
1560.4
-922.3
418.4
-1430.7

1238.8
1035.3
48.6
1416.1

1324.9
1090.5
28.3
1419.3

1415.2
1136.0
46.0
1452.0

1546.5
1211.5
57.8
1648.9

1572.7
1175.1
63.4
1692.4

1626.8
1163.6
66.0
1674.7

406.9
406.9
0.0
452.0
-45.1
619.0
-108.4
60.8
-169.2
2.0
0.0
0.0

573.6
573.6
0.0
572.9
0.7
798.5
-223.5
53.2
-276.7
2.9
0.0
0.0

612.9
612.9
0.0
634.2
-21.3
693.0
-56.1
61.0
-117.1
3.0
0.0
0.0

711.5
706.9
4.6
692.6
18.9
752.3
-37.6
56.2
-93.8
5.0
0.0
0.0

1121.6
1106.2
15.4
970.3
151.3
1036.9
96.5
68.6
27.9
5.4
0.0
0.0

1383.6
1378.3
5.3
1282.7
100.9
1447.7
-58.6
88.0
-146.6
0.0
0.0
0.0

78.6
-171.2
249.8

191.2
-279.6
470.8

-564.3
-120.1
-444.2

-131.4
-98.8
-32.6

-36.2
22.5
-58.7

-126.6
-146.6
20.0

-122.6
127.2

-251.3
219.5

-74.1
-518.3

-41.0
-73.6

85.9
27.2

-80.6
-60.6

59.4
75.0
65.4
284.0
-11.9
-217.8
-96.4
52.1
152.1
14.9
10.3
16.8
-45.9

50.4
102.9
81.8
159.9
-19.5
-146.2
-114.5
61.7
139.2
9.3
8.7
19.0
-50.7

33.0
34.5
27.2
304.4
-8.1
21.3
14.3
32.5
113.1
-108.7
10.0
33.6
-2.6
19.8
-32.6

35.7
35.1
25.3
534.4
-5.7
75.2
55.7
23.5
105.7
-149.5
7.9
23.2
-5.3
18.1
-36.1

29.0
39.1
23.1
548.2
1.6
-62.2
315.8
23.6
92.4
71.1
6.1
38.7
19.4
13.1
10.7

52.6
35.7
23.1
1365.2
-8.8
115.8
133.0
10.3
104.6
-150.2
6.4
21.0
0.0
15.0
-128.3

0.0
-41.6
-2.4
-2.4
4.5
28.7
20.0
-5.4
5.2

0.0
-48.2
-3.1
-3.2
2.7
40.4
29.2
41.0
6.2

0.0
0.0
-19.1
-1.1
-1.1
4.2
42.2
-64.5
6.9
3.2

0.0
0.0
-13.2
-0.8
-0.9
5.1
43.1
-27.3
16.1
2.4

0.0
0.0
2.5
0.3
0.2
5.2
66.3
-137.5
57.6
2.4

0.0
0.0
-10.6
-1.3
-1.3
5.6
82.6
-533.3
23.4
1.0

Otsuka Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

295

2004

2005

2006

2007

2008

2009

100.0
89.7
189.7
0.0
0.0
0.0
0.0
189.7

100.0
134.6
234.6
0.0
0.0
0.0
0.0
234.6

100.0
160.2
260.2
0.0
0.0
0.0
0.0
260.2

100.0
202.0
302.0
0.0
0.0
33.3
33.3
335.3

100.0
244.8
344.8
0.0
0.0
16.7
16.7
361.5

100.0
244.0
344.0
0.0
0.0
0.0
0.0
344.0

2.7
2.7
0.0
162.7
89.1
254.5
153.9
153.9
100.6
11.0
-151.2

2.1
2.1
0.0
217.2
91.7
311.0
215.6
215.6
95.4
65.8
-213.5

2.9
2.9
0.0
231.0
81.3
315.2
257.8
257.8
57.4
57.7
-254.9

4.0
4.0
0.0
191.7
151.5
347.2
317.5
350.8
29.7
89.7
-313.5

3.2
3.2
0.0
283.2
185.0
471.4
458.2
474.9
13.2
165.4
-455.0

2.7
2.7
0.0
264.6
216.9
484.2
466.9
466.9
17.3
150.5
-464.2

269.8
89.1
11.8
343.6

333.0
139.3
14.6
450.3

411.2
202.8
20.8
518.0

538.7
305.7
27.5
652.9

616.6
348.2
40.6
819.6

645.7
326.7
53.9
810.9

534.8
534.8
0.0
345.0
189.8
469.4
68.2
1.0
67.2
20.5
20.0
0.0

721.2
721.2
0.0
506.7
214.5
660.0
64.7
1.1
63.6
20.9
20.0
0.0

834.3
834.3
0.0
588.3
246.0
758.0
84.2
6.5
77.7
11.7
22.5
0.0

991.0
991.0
0.0
688.2
302.8
896.1
108.9
8.7
100.2
33.8
25.0
0.0

1217.5
1217.5
0.0
868.8
348.7
1117.8
108.5
7.7
100.8
11.6
25.0
0.0

1236.3
1236.3
0.0
922.7
313.6
1184.9
67.7
28.2
39.5
22.4
15.0
0.0

22.6
26.7
-4.1

44.9
22.7
22.2

25.6
43.5
-17.9

75.1
41.4
33.7

26.2
64.2
-38.0

-17.5
2.1
-19.6

38.5
34.4

37.3
59.5

64.3
46.4

68.9
102.6

104.8
66.8

56.0
36.4

0.0
165.4
107.5
81.1
19.6
118.1
111.9
189.7
87.8
1.5
0.2
9.1
30.5
22.1
35.4

0.0
144.2
101.7
91.9
14.1
50.6
62.7
234.6
91.5
1.7
0.2
1.7
32.9
19.9
27.1

0.0
122.3
90.7
99.1
15.0
169.9
138.6
260.2
90.9
7.7
0.8
11.3
15.1
16.8
29.9

9.9
109.4
61.6
116.2
15.3
55.1
67.2
302.0
90.4
8.0
0.9
9.7
33.7
13.3
33.2

4.6
102.9
62.5
137.7
12.3
245.0
156.9
344.8
91.8
7.1
0.6
4.7
11.5
1.6
29.2

0.0
103.7
57.2
135.7
4.9
-12.0
153.8
344.0
95.8
41.7
2.3
18.7
56.7
13.9
11.5

233.5
10.5
12.6
6.7
4.7
19.1
155.6
19.6
17.7
19.0

213.5
8.5
8.8
6.4
4.3
16.4
160.2
-4.5
34.9
23.5

293.3
8.6
9.3
7.8
6.6
14.9
161.1
21.9
15.7
26.0

265.6
8.3
10.1
10.0
6.6
13.4
151.8
28.2
18.8
30.2

356.8
7.3
8.3
10.1
8.9
13.3
148.5
1.0
22.9
34.5

114.0
4.4
3.2
4.0
1.7
15.5
152.5
-60.4
1.5
34.4

Pakistan Gum & Chemicals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

296

2004

2005

2006

2007

2008

2009

29.3
98.3
127.6
0.0
0.0
0.0
0.0
127.6

32.2
106.5
138.7
0.0
0.0
0.0
0.0
138.7

32.2
106.5
138.7
0.0
0.0
0.0
0.0
138.7

35.4
101.4
136.8
0.0
0.0
0.0
0.0
136.8

42.5
144.4
186.9
0.0
0.0
0.0
0.0
186.9

42.5
132.8
175.3
0.0
0.0
0.0
0.0
175.3

4.2
4.2
0.0
121.4
146.5
272.1
161.6
161.6
110.5
138.0
-157.4

8.8
8.8
0.0
72.4
186.0
267.2
148.4
148.4
118.8
70.0
-139.6

8.8
8.8
0.0
72.4
186.0
267.2
148.4
148.4
118.8
70.0
-139.6

15.5
15.5
0.0
110.9
123.4
249.8
139.2
139.2
110.6
92.4
-123.7

28.6
28.6
0.0
101.2
164.3
294.1
151.0
151.0
143.1
120.0
-122.4

10.4
10.4
0.0
94.4
300.2
405.0
279.1
279.1
125.9
230.5
-268.7

97.4
17.1
4.6
289.2

104.2
19.9
4.0
287.1

104.2
19.9
4.0
287.1

115.0
26.3
3.4
276.1

111.1
43.9
4.0
338.0

121.0
49.4
5.9
454.4

400.1
90.4
309.7
333.1
67.0
364.6
35.8
3.7
32.1
5.2
8.8
0.0

443.1
167.1
276.0
375.9
67.2
408.6
34.7
5.4
29.3
6.3
11.7
2.9

443.1
167.1
276.0
375.9
67.2
408.6
34.7
5.4
29.3
6.3
0.0
0.0

619.4
197.0
422.4
555.1
64.3
591.3
31.9
11.2
20.7
7.4
7.1
0.0

792.9
234.3
558.6
694.1
98.8
750.2
56.5
16.0
40.5
9.0
0.0
0.0

567.0
185.5
381.5
499.7
67.3
546.5
23.8
13.0
10.8
4.7
4.2
0.0

39.0
18.1
20.9

11.1
11.3
-0.2

0.0
23.0
-23.0

-1.9
6.2
-8.1

50.1
31.5
18.6

-11.6
1.9
-13.5

22.7
43.6

15.3
15.1

27.0
4.0

9.6
1.5

35.5
54.1

7.8
-5.7

0.0
168.4
77.7
126.6
11.1
46.4
52.1
435.5
91.1
10.3
0.9
2.7
16.2
22.2
25.2

0.0
180.1
54.7
107.0
10.2
101.8
101.3
430.7
92.2
15.6
1.2
7.7
21.5
6.6
21.1

0.0
180.1
54.7
107.0
10.2
0.0
675.0
430.7
92.2
15.6
1.2
7.7
21.5
6.6
21.1

0.0
179.5
90.8
101.8
7.5
-326.3
640.0
386.4
95.5
35.1
1.8
12.1
35.7
10.2
15.1

0.0
194.8
86.0
80.8
12.0
62.9
65.6
439.8
94.6
28.3
2.0
13.3
22.2
9.5
21.7

0.0
145.1
37.5
159.2
2.4
-16.4
-136.8
412.5
96.4
54.6
2.3
5.6
43.5
9.3
6.2

305.7
6.9
8.0
11.0
9.2
28.4
138.3
42.9
-6.1
43.5

196.6
8.4
6.6
9.1
7.1
23.4
154.3
-17.3
10.7
43.1

0.0
0.0
6.6
9.1
7.1
23.4
154.3
0.0
0.0
43.1

187.3
5.2
3.3
5.8
3.8
13.9
224.3
-36.3
39.8
38.6

0.0
0.0
5.1
9.5
7.4
15.2
234.6
63.8
28.0
44.0

145.2
2.4
1.9
2.5
1.4
13.4
124.8
-73.7
-28.5
41.2

Pakistan PVC Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

297

2004

2005

2006

2007

2008

2009

49.9
-250.4
-200.5
0.0
0.0
0.0
0.0
-200.5

49.9
-212.4
-162.5
0.0
0.0
0.0
0.0
-162.5

149.6
-236.4
-86.8
0.0
0.0
0.0
0.0
-86.8

149.6
-101.7
47.9
0.0
0.0
0.0
0.0
47.9

149.6
-24.7
124.9
0.0
0.0
0.0
0.0
124.9

149.6
-201.2
-51.6
0.0
0.0
0.0
0.0
-51.6

0.1
0.1
0.0
4.9
0.7
5.7
574.9
574.9
-569.2
54.5
-574.8

0.7
0.7
0.0
7.1
2.1
9.9
537.2
537.2
-527.3
15.0
-536.5

0.3
0.3
0.0
305.3
1.7
307.3
457.5
457.5
-150.2
50.5
-457.2

0.2
0.2
0.0
7.4
0.9
8.5
315.9
315.9
-307.4
51.0
-315.7

0.1
0.1
0.0
2.2
0.4
2.7
230.0
230.0
-227.3
48.0
-229.9

0.0
0.0
0.0
134.5
0.8
135.3
244.0
244.0
-108.7
48.0
-244.0

1024.4
368.8
4.9
374.5

382.8
364.8
4.5
374.7

85.5
63.5
4.1
370.8

379.2
355.2
3.6
363.7

379.2
352.2
3.1
354.9

65.7
56.9
2.8
192.2

11.8
8.5
3.3
17.0
-5.2
22.5
-9.1
31.2
-40.3
0.1
0.0
0.0

13.8
13.8
0.0
19.6
-5.8
27.6
-7.3
29.0
-36.3
0.1
0.0
0.0

15.7
15.7
0.0
25.3
-9.6
30.8
4.4
28.2
-23.8
0.1
0.0
0.0

16.4
16.4
0.0
23.0
-6.6
28.5
-11.8
7.3
-19.1
0.1
0.0
0.0

12.1
12.1
0.0
17.6
-5.5
26.7
84.3
7.3
77.0
0.0
0.0
0.0

3.8
3.8
0.0
25.8
-22.0
30.2
-12.6
7.3
-19.9
0.0
0.0
0.0

-238.7
-40.4
-198.3

38.0
-36.4
74.4

75.7
-23.9
99.6

134.7
-19.2
153.9

77.0
77.0
0.0

-176.5
-19.9
-156.6

-35.5
-233.8

-31.9
42.5

-19.8
79.8

-15.6
138.3

80.1
80.1

-17.1
-173.7

1.0
0.9
-10.8
-401.8
190.7
264.4
57.2
17.8
-

1.8
1.5
-9.7
-95.8
-75.1
-325.7
200.0
210.1
193.3
40.6
-

0.0
67.2
66.8
0.0
-6.4
-31.6
-24.8
-58.0
196.2
640.9
179.6
55.8
-0.4
0.0
0.0

0.0
2.7
2.4
659.5
-5.3
-14.3
-11.3
32.0
173.8
-61.9
44.5
14.3
-0.5
37.2
-39.9

0.0
1.2
1.0
184.1
21.7
100.0
100.0
83.5
220.7
8.7
60.3
15.2
0.0
12.4
61.6

0.0
55.5
55.1
0.0
-10.4
11.3
9.8
-34.5
794.7
-57.9
192.1
15.2
0.0
57.9
0.0

-341.5
-8.1
-8.1
1.0
3.2
-65.2
40.5
-40.2

-263.0
-7.3
-7.3
1.2
3.7
-9.9
16.9
-32.6

0.0
0.0
-151.6
-1.6
-1.6
6.1
4.2
-78.1
13.8
-5.8

0.0
0.0
-116.5
-1.3
-1.3
1.0
4.5
-18.8
4.5
3.2

0.0
0.0
636.4
5.1
5.1
0.9
3.4
-492.3
-26.2
8.3

0.0
0.0
-523.7
-1.3
-1.3
5.1
2.0
-125.5
-68.6
-3.4

Sanofi-Aventis Pakistan Ltd. (Aventis Pharma)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

298

2004

2005

2006

2007

2008

2009

96.4
578.6
675.0
0.0
0.0
187.5
187.5
862.5

96.4
807.5
903.9
0.0
0.0
62.5
62.5
966.4

96.4
1019.7
1116.1
0.0
0.0
0.0
0.0
1116.1

96.4
1016.8
1113.2
0.0
0.0
0.0
0.0
1113.2

96.4
1019.5
1115.9
0.0
0.0
0.0
0.0
1115.9

96.4
1192.2
1288.6
0.0
0.0
7.2
7.2
1295.8

52.7
52.7
0.0
237.3
596.3
886.3
621.4
808.9
264.9
263.1
-568.7

6.2
6.2
0.0
408.8
1074.0
1489.0
1154.7
1217.2
334.3
618.9
-1148.5

3.9
3.9
0.0
484.8
797.3
1286.0
871.9
871.9
414.1
267.3
-868.0

2.1
2.1
0.0
556.9
1077.0
1636.0
1313.9
1313.9
322.1
542.2
-1311.8

2.2
2.2
0.0
681.2
1104.9
1788.3
1867.7
1867.7
-79.4
872.5
-1865.5

2.3
2.3
0.0
902.9
1136.7
2041.9
2139.4
2146.6
-97.5
1375.0
-2137.1

1246.1
597.6
59.4
1483.9

1315.2
632.2
58.3
2121.2

1419.8
702.0
68.6
1988.0

1597.6
791.1
95.4
2427.1

2092.5
1195.2
105.5
2983.5

2398.9
1393.3
129.2
3435.2

3351.4
3351.4
0.0
2366.7
984.7
2957.4
409.8
26.4
383.4
125.6
77.2
0.0

3684.0
3684.0
0.0
2519.8
1164.2
3239.7
462.3
60.9
401.4
140.1
83.9
0.0

4150.2
4122.6
27.6
2885.9
1264.3
3737.1
431.4
75.9
355.5
111.9
68.5
0.0

4203.6
4190.2
13.4
3117.6
1086.0
3989.9
235.3
109.3
126.0
35.4
42.4
0.0

4676.5
4648.7
27.8
3620.7
1055.8
4557.9
171.4
87.1
84.3
47.4
13.5
0.0

6725.7
6696.4
29.3
5099.1
1626.6
6442.8
384.0
131.0
253.0
95.7
67.5
0.0

430.2
180.6
249.6

103.9
177.4
-73.5

149.7
175.1
-25.4

-2.9
48.2
-51.1

2.7
23.4
-20.7

179.9
89.8
90.1

240.0
489.6

235.7
162.2

243.7
218.3

143.6
92.5

128.9
108.2

219.0
309.1

21.7
142.6
46.7
119.8
25.8
42.0
49.0
700.2
88.2
6.4
0.8
10.0
32.8
1.8
56.8

6.5
129.0
35.9
134.7
18.9
170.7
145.3
937.7
87.9
13.2
1.7
9.8
34.9
2.3
44.4

0.0
147.5
56.1
78.1
17.9
117.0
111.6
1157.8
90.0
17.6
1.8
28.4
31.5
3.5
31.9

0.0
124.5
42.5
118.0
5.2
-1662.1
155.2
1154.8
94.9
46.5
2.6
20.2
28.1
3.3
11.3

0.0
95.7
36.6
167.4
2.8
866.7
119.1
1157.6
97.5
50.8
1.9
10.0
56.2
3.3
7.6

0.6
95.4
42.3
166.6
7.4
49.9
70.9
1336.7
95.8
34.1
1.9
9.5
37.8
5.1
19.6

333.9
11.4
11.4
39.8
26.7
13.3
225.9
63.8
9.6
70.0

311.4
9.3
10.9
41.6
27.1
9.8
173.7
4.5
9.9
93.8

355.6
6.1
8.6
36.9
25.3
10.9
208.8
-11.3
12.7
115.8

213.7
3.8
3.0
13.1
9.4
13.6
173.2
-64.5
1.3
115.5

273.3
1.2
1.8
8.7
3.8
13.3
156.7
-33.6
11.2
115.8

233.0
5.2
3.8
26.2
16.3
10.8
195.8
201.1
43.8
133.7

Sardar Chemical Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

299

2004

2005

2006

2007

2008

2009

60.0
28.5
88.5
0.0
0.0
2.6
2.6
91.1

60.0
27.0
87.0
0.0
0.0
2.6
2.6
89.6

60.0
27.4
87.4
0.0
0.0
1.7
1.7
89.1

60.0
30.2
90.2
0.0
0.0
4.3
4.3
94.5

60.0
30.8
90.8
0.0
0.0
2.4
2.4
93.2

60.0
32.0
92.0
0.0
0.0
4.2
4.2
96.2

2.5
2.5
0.0
64.7
44.6
111.8
66.1
68.7
45.7
57.7
-63.6

0.8
0.8
0.0
69.9
42.8
113.5
64.8
67.4
48.7
56.4
-64.0

3.1
3.1
0.0
73.0
40.4
116.5
64.5
66.2
52.0
54.2
-61.4

7.4
7.4
0.0
79.3
38.8
125.5
68.6
72.9
56.9
59.5
-61.2

3.0
3.0
0.0
89.3
39.5
131.8
71.7
74.1
60.1
60.1
-68.7

7.7
7.7
0.0
94.0
28.8
130.5
65.7
69.9
64.8
54.5
-58.0

112.1
45.4
5.6
157.2

112.6
40.9
5.3
154.4

113.4
37.1
4.6
153.6

117.7
37.6
5.3
163.1

117.4
33.0
4.5
164.8

117.8
31.4
4.4
161.9

108.9
104.9
4.0
85.5
23.4
102.8
6.9
5.6
1.3
0.5
0.0
0.0

103.8
99.4
4.4
81.9
21.9
99.2
4.7
5.7
-1.0
0.5
0.0
0.0

107.1
101.9
5.2
80.3
26.8
99.3
7.9
6.8
1.1
0.5
0.0
0.0

117.5
114.0
3.5
84.0
33.5
105.1
12.7
7.9
4.8
0.6
1.5
0.0

125.1
122.3
2.8
95.0
30.1
114.9
10.3
8.1
2.2
0.8
0.0
0.0

127.7
126.9
0.8
94.9
32.8
115.0
12.8
10.3
2.5
0.9
0.0
0.0

1.9
0.8
1.1

-1.5
-1.5
0.0

-0.5
0.6
-1.1

5.4
2.7
2.7

-1.3
1.4
-2.7

3.0
1.6
1.4

6.4
7.5

3.8
3.8

5.2
4.1

8.0
10.7

5.9
3.2

6.0
7.4

2.9
169.1
101.7
77.6
0.8
42.1
85.3
147.5
94.4
81.2
5.1
9.7
38.5
45.6
1.5

2.9
175.2
109.1
77.5
-0.6
100.0
145.0
95.6
121.3
5.5
10.1
50.9
-1.1

1.9
180.6
118.0
75.7
0.7
-120.0
126.8
145.7
92.7
86.1
6.3
12.5
45.5
0.0
1.3

4.6
182.9
126.4
80.8
2.9
50.0
74.8
150.3
89.4
62.2
6.7
13.3
12.5
56.0
5.3

2.6
183.8
128.7
81.6
1.3
-107.7
184.4
151.3
91.8
78.6
6.5
13.5
36.4
58.7
2.4

4.4
198.6
154.8
76.0
1.5
53.3
81.1
153.3
90.1
80.5
8.1
18.9
36.0
0.0
2.7

0.0
1.2
0.2
0.1
12.0
69.3
-150.0
8.4
14.8

0.0
-1.0
-0.2
-0.3
11.7
67.2
-200.0
-4.7
14.5

0.0
0.0
1.0
0.2
0.1
11.2
69.7
-200.0
3.2
14.6

280.0
1.7
4.1
0.8
0.7
14.3
72.0
300.0
9.7
15.0

0.0
0.0
1.8
0.4
0.2
12.0
75.9
-50.0
6.5
15.1

0.0
0.0
2.0
0.4
0.3
13.3
78.9
0.0
2.1
15.3

Searle Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

300

2004

2005

2006

2007

2008

2009

190.6
613.0
803.6
0.0
0.0
140.7
140.7
944.3

200.1
700.9
901.0
0.0
0.0
66.6
66.6
967.6

220.1
712.0
932.1
0.0
0.0
447.6
447.6
1379.7

242.1
705.9
948.0
0.0
0.0
335.9
335.9
1283.9

266.3
839.3
1105.6
0.0
0.0
210.3
210.3
1315.9

266.3
944.7
1211.0
0.0
0.0
105.7
105.7
1316.7

274.2
74.2
200.0
746.2
208.2
1228.6
939.7
1080.4
288.9
506.1
-665.5

225.0
25.0
200.0
793.4
216.2
1234.6
928.0
994.6
306.6
402.7
-703.0

273.9
73.9
200.0
1082.9
239.6
1596.4
943.0
1390.6
653.4
684.9
-669.1

93.8
93.8
0.0
1292.2
385.6
1771.6
1175.4
1511.3
596.2
633.4
-1081.6

269.3
69.3
200.0
1133.4
223.5
1626.2
963.1
1173.4
663.1
473.0
-693.8

289.2
189.2
100.0
1147.2
272.1
1708.5
1007.2
1112.9
701.3
499.9
-718.0

827.6
655.4
26.4
1884.0

888.2
660.9
68.8
1895.5

1046.7
726.2
77.6
2322.6

1077.2
687.7
89.8
2459.3

1108.4
652.9
86.5
2279.1

1136.0
615.4
93.7
2323.9

2026.7
1916.9
109.8
1355.7
671.0
1787.2
247.1
85.1
162.0
65.5
0.0
9.5

2473.2
2295.0
178.2
1813.9
659.3
2294.2
185.1
55.6
129.5
41.6
0.0
9.5

3240.5
3064.7
175.8
2289.4
951.1
2985.8
274.5
80.9
193.6
71.8
33.0
22.0

3114.5
2964.9
149.6
2155.7
958.8
2919.2
238.7
97.2
141.5
64.1
24.2
24.2

3253.4
3147.1
106.3
2287.5
965.9
2941.6
365.6
112.2
253.4
81.6
26.6
0.0

2708.9
2527.2
181.7
1551.4
1157.5
2333.5
461.1
104.4
356.7
122.3
39.9
39.9

383.9
96.5
287.4

23.3
87.9
-64.6

412.1
88.8
323.3

-95.8
53.2
-149.0

32.0
145.2
-113.2

0.8
194.5
-193.7

122.9
410.3

156.7
92.1

166.4
489.7

143.0
-6.0

231.7
118.5

288.2
94.5

14.9
130.7
108.6
134.4
8.6
25.1
30.0
421.6
88.2
34.4
4.2
16.8
40.4
32.0
20.2

6.9
133.0
109.7
110.4
6.8
377.3
170.1
450.3
92.8
30.0
2.2
13.8
32.1
26.7
14.4

32.4
169.3
143.9
149.2
8.3
21.5
34.0
423.5
92.1
29.5
2.5
11.8
37.1
27.9
20.8

26.2
150.7
117.9
159.4
5.8
-55.5
-2383.3
391.6
93.7
40.7
3.1
15.3
45.3
34.3
14.9

16.0
168.9
145.6
106.1
11.1
453.8
195.5
415.2
90.4
30.7
3.4
23.7
32.2
30.4
22.9

8.0
169.6
142.6
91.9
15.3
24312.5
305.0
454.8
86.1
22.6
3.9
20.9
34.3
36.2
29.5

0.0
8.0
8.5
5.1
16.6
107.6
117.9
5.3
42.2

0.0
5.2
6.5
4.4
10.5
130.5
-23.5
22.0
45.0

369.1
3.5
6.0
8.8
5.5
11.8
139.5
35.4
31.0
42.3

319.8
2.6
4.5
5.8
3.2
12.2
126.6
-34.1
-3.9
39.2

645.9
2.4
7.8
9.5
6.5
13.3
142.7
63.8
4.5
41.5

587.5
3.3
13.2
13.4
8.8
14.4
116.6
41.1
-16.7
45.5

Shaffi Chemical Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

301

2004

2005

2006

2007

2008

2009

120.0
-60.8
59.2
0.0
0.0
0.0
0.0
59.2

120.0
-7.9
112.1
0.0
0.0
0.0
0.0
112.1

120.0
12.6
132.6
0.0
0.0
0.0
0.0
132.6

120.0
56.3
176.3
0.0
0.0
0.0
0.0
176.3

120.0
52.5
172.5
0.0
0.0
0.0
0.0
172.5

120.0
92.6
212.6
0.0
0.0
0.0
0.0
212.6

14.8
0.6
14.2
164.5
25.0
204.3
185.4
185.4
18.9
100.0
-170.6

14.3
0.1
14.2
165.9
13.3
193.5
118.2
118.2
75.3
73.0
-103.9

14.7
0.5
14.2
168.0
10.8
193.5
94.6
94.6
98.9
52.6
-79.9

57.9
0.1
57.8
170.1
14.4
242.4
97.7
97.7
144.7
50.0
-39.8

55.4
0.5
54.9
194.2
7.0
256.6
113.2
113.2
143.4
50.0
-57.8

88.3
0.6
87.7
206.4
0.3
295.0
111.5
111.5
183.5
50.0
-23.2

72.9
40.2
3.8
244.5

72.6
36.7
3.4
230.2

72.6
33.7
3.1
227.2

73.0
31.6
2.8
274.0

73.0
29.1
2.6
285.7

67.2
29.1
2.5
324.1

13.7
13.7
0.0
13.7
0.0
16.0
-1.9
6.0
-7.9
0.1
0.0
0.0

13.1
13.1
0.0
22.2
-9.1
23.7
37.5
3.4
34.1
0.1
0.0
0.0

5.8
5.8
0.0
9.9
-4.1
11.2
17.7
0.3
17.4
0.0
0.0
0.0

12.7
12.7
0.0
12.5
0.2
14.5
1.9
0.1
1.8
0.1
0.0
0.0

128.6
128.6
0.0
100.6
28.0
117.5
11.2
0.1
11.1
0.6
0.0
0.0

125.5
125.5
0.0
105.6
19.9
118.1
40.9
0.0
40.9
0.0
0.0
0.0

-52.8
-8.0
-44.8

52.9
34.0
18.9

20.5
17.4
3.1

43.7
1.7
42.0

-3.8
10.5
-14.3

40.1
40.9
-0.8

-4.2
-49.0

37.4
56.3

20.5
23.6

4.5
46.5

13.1
-1.2

43.4
42.6

0.0
110.2
96.7
313.2
-3.2
49.3
116.8
43.8
6.0
2.2
-13.3

0.0
163.7
152.5
105.4
14.8
64.3
66.4
93.4
180.9
9.1
26.0
4.7
0.3
0.0
30.4

0.0
204.5
193.1
71.3
7.7
84.9
86.9
110.5
193.1
1.7
5.2
0.6
0.0
0.0
13.1

0.0
248.1
233.4
55.4
0.7
3.9
9.7
146.9
114.2
5.3
0.8
0.2
5.6
4.7
1.0

0.0
226.7
220.5
65.6
3.9
-276.3
-1091.7
143.8
91.4
0.9
0.1
0.2
5.4
9.0
6.4

0.0
264.6
264.3
52.4
12.6
102.0
101.9
177.2
94.1
0.0
0.0
0.0
0.0
16.3
19.2

0.0
-57.7
-0.7
-0.7
4.2
5.6
-79.4
-42.7
4.9

0.0
260.3
2.8
2.8
8.5
5.7
-500.0
-4.4
9.3

0.0
0.0
300.0
1.5
1.5
8.4
2.6
-46.4
-55.7
11.1

0.0
0.0
14.2
0.2
0.1
8.3
4.6
-86.7
119.0
14.7

0.0
0.0
8.6
0.9
0.9
8.2
45.0
350.0
912.6
14.4

0.0
0.0
32.6
3.4
3.4
7.9
38.7
277.8
-2.4
17.7

Sitara Chemical Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

302

2004

2005

2006

2007

2008

2009

185.5
1059.2
1244.7
0.0
249.3
47.6
296.9
1541.6

185.5
1309.1
1494.6
0.0
122.4
527.5
649.9
2144.5

185.6
1472.3
1657.9
0.0
1108.9
354.7
1463.6
3121.5

185.5
1736.7
1922.2
0.0
1646.9
219.1
1866.0
3788.2

204.1
3338.2
3542.3
0.0
0.0
1797.7
1797.7
5340.0

204.1
3764.4
3968.5
0.0
1242.7
1543.0
2785.7
6754.2

150.3
116.0
34.3
691.1
347.6
1189.0
1509.7
1806.6
-320.7
701.5
-1359.4

99.1
81.4
17.7
761.2
319.1
1179.4
1477.6
2127.5
-298.2
889.6
-1378.5

416.4
401.0
15.4
1092.3
407.0
1915.7
2249.0
3712.6
-333.3
2363.1
-1832.6

335.5
252.7
82.8
1387.2
441.7
2164.4
2596.4
4462.4
-432.0
2088.6
-2260.9

1593.3
240.9
1352.4
1849.1
526.9
3969.3
3453.4
5251.1
515.9
2066.0
-1860.1

371.2
294.2
77.0
3830.8
773.8
4975.8
3359.1
6144.8
1616.7
3200.8
-2987.9

3269.2
1862.4
184.6
3051.4

3693.9
2442.7
147.8
3622.1

4858.3
3454.7
156.9
5370.4

5864.3
4220.2
260.0
6384.6

6684.2
4824.1
416.1
8793.4

7402.7
5137.6
412.7
10113.4

3566.7
3526.8
39.9
2936.7
630.0
3107.6
468.9
98.3
370.6
154.0
102.0
0.0

4584.4
4488.4
96.0
3684.0
900.4
3976.4
617.1
129.4
487.7
132.7
148.4
0.0

4383.3
4383.3
0.0
3678.2
705.1
4011.5
381.6
23.5
358.1
1.0
111.3
0.0

5043.0
4989.7
53.3
3958.7
1084.3
4218.2
854.5
317.6
536.9
21.9
102.0
18.5

6355.4
6292.2
63.2
4800.1
1555.3
5130.8
1287.4
368.1
919.3
320.9
153.1
0.0

6178.4
6103.0
75.4
4216.6
1961.8
4612.9
1592.9
605.0
987.9
303.2
153.1
0.0

18.8
114.6
-95.8

602.9
206.6
396.3

977.0
245.8
731.2

666.7
413.0
253.7

1551.8
445.3
1106.5

1414.2
531.6
882.6

299.2
203.4

354.4
750.7

402.7
1133.9

673.0
926.7

861.4
1967.9

944.3
1826.9

19.3
78.8
55.7
145.1
12.1
609.6
147.1
671.0
87.1
21.0
2.8
14.0
41.6
8.4
29.8

30.3
79.8
58.2
142.3
13.5
34.3
47.2
805.7
86.7
21.0
2.8
14.5
27.2
5.4
32.6

46.9
85.2
67.1
223.9
6.7
25.2
35.5
893.3
91.5
6.2
0.5
1.0
0.3
8.1
21.6

49.3
83.4
66.3
232.2
8.4
61.9
72.6
1036.2
83.6
37.2
6.3
15.2
4.1
11.1
27.9

33.7
114.9
99.7
148.2
10.5
28.7
43.8
1735.6
80.7
28.6
5.8
17.8
34.9
8.9
26.0

41.2
148.1
125.1
154.8
9.8
37.6
51.7
1944.4
74.7
38.0
9.8
18.9
30.7
10.7
24.9

212.4
8.2
10.4
20.0
11.7
10.2
116.9
29.9
10.6
67.1

239.2
9.9
10.6
26.3
19.1
7.9
126.6
31.5
28.5
80.6

320.8
6.7
8.2
19.3
19.2
6.4
81.6
-26.6
-4.4
89.3

504.9
5.3
10.6
28.9
27.8
7.5
79.0
49.7
15.1
103.6

390.9
4.3
14.5
45.0
29.3
12.7
72.3
55.7
26.0
173.6

447.2
3.9
16.0
48.4
33.5
8.6
61.1
7.6
-2.8
194.4

Sitara Peroxide Limited

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

303

2005

2006

2007

2008

2009

551.0
368.7
919.7
0.0
0.0
1223.2
1223.2
2142.9

6.7
6.7
0.0
232.2
343.5
582.4
825.8
2049.0
-243.4
1486.0
-819.1

2542.1
2386.4
105.2
2968.8

628.5
622.7
5.8
525.9
102.6
570.7
57.8
245.9
-188.1
0.0
0.0
0.0

-188.1
-

-82.9
-

57.1
70.5
28.9
222.8
-6.3
0.0
0.0
166.9
90.8
425.4
39.1
16.5
0.0
7.7
-20.5

0.0
0.0
-29.9
-3.4
-3.4
6.7
21.2
-440.0
16.7

Wah Nobel Chemicals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

304

2004

2005

2006

2007

2008

2009

75.0
106.7
181.7
0.0
0.0
56.3
56.3
238.0

75.0
131.6
206.6
0.0
0.0
37.5
37.5
244.1

90.0
123.1
213.1
0.0
0.0
18.8
18.8
231.9

90.0
125.1
215.1
0.0
0.0
0.0
0.0
215.1

90.0
209.1
299.1
0.0
0.0
0.0
0.0
299.1

90.0
261.1
351.1
0.0
0.0
0.0
0.0
351.1

47.3
22.3
25.0
170.2
38.9
256.4
153.2
209.5
103.2
132.6
-105.9

38.4
13.4
25.0
187.4
49.2
275.0
159.0
196.5
116.0
140.2
-120.6

33.9
8.9
25.0
210.0
46.3
290.2
180.9
199.7
109.3
118.8
-147.0

56.3
30.6
25.7
195.2
57.3
308.8
211.2
211.2
97.6
104.4
-154.9

40.8
9.4
31.4
302.0
117.4
460.2
271.0
271.0
189.2
87.1
-230.2

53.9
18.7
35.2
326.2
50.3
430.4
189.3
189.3
241.1
60.5
-135.4

218.3
134.8
3.0
391.2

218.8
128.1
7.5
403.1

219.7
122.5
6.4
412.7

221.7
117.5
6.3
426.3

222.9
109.9
7.4
570.1

227.0
110.1
6.5
540.5

304.2
304.2
0.0
249.8
54.4
264.9
47.2
1.1
46.1
11.5
26.3
0.0

572.1
572.1
0.0
498.6
73.5
527.4
50.8
10.6
40.2
2.9
26.3
0.0

643.6
643.6
0.0
565.5
78.1
599.6
49.1
14.3
34.8
6.7
18.0
0.0

571.5
571.5
0.0
490.4
81.1
527.5
46.7
17.2
29.5
12.3
18.0
0.0

810.2
810.2
0.0
588.5
221.7
652.7
166.3
13.7
152.6
0.0
45.0
0.0

715.3
715.3
0.0
490.1
225.2
552.7
165.8
19.7
146.1
51.8
45.0
0.0

32.1
8.3
23.8

6.1
11.0
-4.9

-12.2
10.1
-22.3

-16.8
-0.8
-16.0

84.0
107.6
-23.6

52.0
49.3
2.7

11.3
35.1

18.5
13.6

16.5
-5.8

5.5
-10.5

115.0
91.4

55.8
58.5

23.7
167.4
142.0
115.3
11.8
25.9
32.2
242.3
87.1
2.3
0.4
0.8
24.9
41.8
25.4

15.4
173.0
142.0
95.1
10.0
180.3
136.0
275.5
92.2
20.9
1.9
7.6
7.2
24.1
19.5

8.1
160.4
134.8
93.7
8.4
-82.8
-284.5
236.8
93.2
29.1
2.2
12.0
19.3
22.4
16.3

0.0
146.2
119.1
98.2
6.9
4.8
-52.4
239.0
92.3
36.8
3.0
16.5
41.7
27.5
13.7

0.0
169.8
126.5
90.6
26.8
128.1
125.8
332.3
80.6
8.2
1.7
15.7
0.0
30.6
51.0

0.0
227.4
200.8
53.9
27.0
94.8
95.4
390.1
77.3
11.9
2.8
32.6
35.5
39.7
41.6

131.6
14.5
15.2
6.1
4.6
2.8
77.8
13.0
28.9
24.2

141.8
12.7
7.0
5.4
5.0
5.6
141.9
-11.5
88.1
27.5

156.1
8.4
5.4
3.9
3.1
5.0
155.9
-27.8
12.5
23.7

95.6
8.4
5.2
3.3
1.9
5.1
134.1
-15.4
-11.2
23.9

339.1
15.0
18.8
17.0
17.0
6.3
142.1
415.2
41.8
33.2

209.6
12.8
20.4
16.2
10.5
5.9
132.3
-4.7
-11.7
39.0

Wyeth Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

305

2004

2005

2006

2007

2008

2009

142.2
688.0
830.2
0.0
0.0
2.6
2.6
832.8

142.2
934.7
1076.9
0.0
0.0
0.0
0.0
1076.9

142.2
1135.9
1278.1
0.0
0.0
0.0
0.0
1278.1

142.2
1269.3
1411.5
0.0
0.0
0.0
0.0
1411.5

142.2
988.7
1130.9
0.0
0.0
0.0
0.0
1130.9

142.2
840.1
982.3
0.0
0.0
0.0
0.0
982.3

80.7
80.7
0.0
383.6
471.1
935.4
261.6
264.2
673.8
4.2
-180.9

397.4
397.4
0.0
349.5
498.7
1245.6
342.7
342.7
902.9
1.0
54.7

600.5
25.5
575.0
296.0
610.8
1507.3
409.0
409.0
1098.3
0.0
191.5

772.0
52.0
720.0
272.1
563.2
1607.3
413.3
413.3
1194.0
0.0
358.7

137.9
50.9
87.0
388.6
756.4
1282.9
378.7
378.7
904.2
0.0
-240.8

35.6
35.6
0.0
436.2
800.8
1272.6
470.0
470.0
802.6
0.0
-434.4

353.3
159.0
23.6
1094.4

378.5
174.0
21.0
1419.6

402.8
179.7
22.6
1687.0

455.5
217.5
25.2
1824.8

466.7
226.6
34.0
1509.5

391.7
179.7
33.5
1452.3

1885.3
1746.7
138.6
1139.0
746.3
1516.2
439.6
7.9
431.7
117.3
35.5
0.0

1885.9
1731.7
154.2
1221.9
664.0
1596.7
328.6
1.6
327.0
95.5
71.0
0.0

2013.5
1842.4
171.1
1256.4
757.1
1681.9
393.0
0.8
392.2
119.2
92.4
0.0

2170.2
2005.7
164.5
1434.9
735.3
1882.3
360.0
0.9
359.1
99.0
107.2
0.0

2491.0
2318.7
172.3
1786.3
704.7
2327.5
230.3
1.1
229.2
80.7
355.4
0.0

2306.3
2105.8
200.5
1805.3
501.0
2349.4
-27.9
3.8
-31.7
58.1
0.0
0.0

0.0
278.9
-278.9

244.1
160.5
83.6

201.2
180.6
20.6

133.4
152.9
-19.5

-280.6
-206.9
-73.7

-148.6
-89.8
-58.8

302.5
23.6

181.5
265.1

203.2
223.8

178.1
158.6

-172.9
-246.6

-56.3
-115.1

0.3
357.6
177.5
31.8
39.4
1281.8
583.8
80.4
1.8
0.4
188.1
27.2
9.7
52.0

0.0
363.5
217.9
31.8
23.0
65.8
68.5
757.3
84.7
0.5
0.1
160.0
29.2
3.8
30.4

0.0
368.5
219.2
32.0
23.2
89.8
90.8
898.8
83.5
0.2
0.0
0.0
30.4
5.4
30.7

0.0
388.9
252.6
29.3
19.7
114.6
112.3
992.6
86.7
0.3
0.0
0.0
27.6
6.4
25.4

0.0
338.8
139.0
33.5
15.2
73.7
70.1
795.3
93.4
0.5
0.0
0.0
35.2
9.7
20.3

0.0
270.8
100.4
47.8
-2.2
60.4
48.9
690.8
101.9
-13.6
0.2
0.0
-183.3
12.0
-3.2

885.6
4.3
22.9
30.4
22.1
17.6
172.3
0.0
0.0
58.4

326.1
6.6
17.3
23.0
16.3
12.0
132.8
-24.3
0.0
75.7

295.5
7.2
19.5
27.6
19.2
13.0
119.4
20.0
6.8
89.9

242.6
7.6
16.5
25.3
18.3
14.0
118.9
-8.3
7.8
99.3

41.8
31.4
9.2
16.1
10.4
15.6
165.0
-36.4
14.8
79.5

0.0
0.0
-1.4
-2.2
-6.3
14.8
158.8
-113.7
-7.4
69.1

Abbott Laboratories (Pakistan) Ltd.

Opp. Radio Pakistan Transmission Centre, Hyderabad Road, Landhi, Karachi.

Management

Banker

Auditor

Mr. Munir A. Shaikh(Chairman)

The Royal Bank of Scotland Ltd.

Mr. Asif Jooma(Chief Executive)

Bank of Tokyo - Mitsubishi Ltd.

Mr. Angelo Kondes(Director)

Citibank N.A.

Mr. Kamran Y. Mirza(Director)

Deutsche Bank AG

Mr. Thomas C. Freyman(Director)

MCB Bank Ltd.

Mr. Shamim Ahmed Khan(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Sadi Syed(Director)

HSBC Bank Middle East Ltd.

Date of Annual General Meeting

15th March

Year Ending :

30th November , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

120

M/s. Yousuf Adil Saleem & Co.

Face Value

Rs.

Market Price as on 30/11/2009

Rs.

10.00
96.49

Highest Price in

2009

Rs.

126.42

Lowest Price in

2009

Rs.

65.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

95.75

Preference Shares(%)

Investment Yield%

Production Desc

Units

13

Capacity

Actual Production

Pharma products

BOC Pakistan Ltd,

West Wharf, Dockyard Road, Karachi-74000.

Management

Banker

Auditor

Mr. Munnawar Hamid OBE(Chairman)

Standard Chartered Bank ( Pakistan) Ltd.

Syed Ayaz Bokhari(Chief Executive)

Citibank N.A.

Mr. Shamim Ahmed Khan(Director)

Deutsche Bank Ag

Mr. Lee Bon Hian(Director)

MCB Bank Ltd.

Mr. Sanjiv Lamba(Director)

National Bank Of Pakistan

Mr. Ashley David Mills(Director)

NIB Bank Ltd.

Mr. Sanaullah Qureshi(Director)

HSBC Bank Middle East Ltd.

Date of Annual General Meeting

22nd April

Year Ending :

31st December , 2009

, 2010

KPMG Taseer Hadi & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

127.95

Highest Price in

2009

Rs.

165.00

Lowest Price in

2009

Rs.

105.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

121.39

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

90

Units

Capacity

Actual Production

Oxygen/Nitrogen

Cubic meters (Ths.)

52,248

41,647

Hydrogen

Cubic meters (Ths.)

3,434

1,746

Dissolved acetylen

Cubic meters (Ths.)

836

109

306

Bawany Air Products Ltd.

Khasra No. 52/53 R.C.D. Highway, Mouza Pathara, Tehsil Hub, Distt. Lasbella, Balochistan

Management

Banker

Mr. Hanif Y. Bawany(Chairman / C.E.O.)

RBS Bank Ltd.

Mr. Danish Amin(Director)

MCB Bank Ltd.

Mr. Muhammad Ashraf(Director)

United Bank Ltd.

Auditor
M/S M. Yousuf Adil Saleem & Co.

Ms. Momiza Kapadia(Director)

Mr. Vali Mohammad M. Yahya(Director)
Mr. Wazir Ahmed Jogezai(Director)
Mr. Zakaria A. Ghaffar(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.55

Percentage Dividend rate :

Highest Price in

2009

Rs.

16.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.32

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

Oxygen

Th. Cubic Meters

4,233

3,345

Nitrogen

Th. Cubic Meters

252

118

Dissolved acetylen

Th. Cubic Meters

144

Berger Paints Pakistan Ltd.

D-31 South Avenue, S.I.T.E., Karachi-75700.

Management

Banker

Mr. Sikander Dada(Chairman)

Citibank N.A.

Dr. Mahmood Ahmad(Chief Executive)

The Royal Bank of Scotland

Mr. Muhammad Naseem(Director)

Habib Metropolitan Bank Limted

Mr. C. H. Clover(Director)

Habib Bank Ltd.

Mr. Maqbool H. H. Rahimtoola(Director)

JS Bank Ltd.

Mr. Ilyas Sharif(Director)

MCB Bank Ltd.

Mr. Hamid Masood Sohail(Director)

United Bank Limited

Auditor
M/s. A.F.Ferguson & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

62.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

82.20

Ordinary Shares (%)

Lowest Price in

2009

Rs.

28.74

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

44.26

Preference Shares(%)

Investment Yield%

Production Desc
Paints

, 2009

Units
Liters in thousand

307

Capacity

Actual Production

Indeterminable

33,312

Biafo Industries Ltd.

203-204, 2nd Floor, Muhammad Gulistan Khan House, 82-East, Fazal-e-Haq Road, Blue Area, Islamabad.

Management

Banker

Auditor

Mr. M. Afzal Khan(Chairman)

RBS Bank Ltd.

KPMG Taseer Hadi & Co.

Khawaja Amanullah Askari(Chief Executive)

Bank Of Khyber

Maj. Gen. (Retd.) S. Z. M. Askree(Director)

Bank Al-Falah Ltd.

Ms. Shirin Safdar(Director)

Habib Metropolitan Bank Ltd.

Mr. S.M.Sibtain(Director)

National Bank Of Pakistan

Dr. M. Humayun Khan(Director)

Allied Bank Of Pakistan

Mr. Zafar Khan(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

35.43

Highest Price in

2009

Rs.

42.90

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

28.50

Ordinary Shares Bonus (%)

40

Average Price in

2009

Rs.

35.70

Preference Shares(%)

Investment Yield%

Production Desc

Units

15

Capacity

Actual Production

Tovex water gell and powder explosives

M. Tons

6,000

4,075

Detonator-plain

No. (thousands)

8,000

4,468

Detonator-electric

No. (thousands)

450

275

Buxly Paints Ltd.

Plot No. X - 3, Manghopir Road, S.I.T.E, Karachi-75700.

Management

Banker

Mr. Mohammad Naseem(Chairman)

NIB Bank Ltd.

Mr. Shamshad Ali(Chief Executive)

Habib Metropolitan Bank Ltd.

Mr.Shaikh Ajaz Majid(Director)

Habib Bank Ltd.

Mr. Bashir Ahmed(Director)

MCB Bank Ltd.

Mr. Salman Tarik Kurashi(Director)

National Bank Of Pakistan

Mr. Saeed Mohammad Shaikh(Director)

Bank Al Falah Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Sheikh Asim Rafiq (NIT)(Director)

Date of Annual General Meeting

18th February , 2010

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

32.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

64.81

Ordinary Shares (%)

Lowest Price in

2009

Rs.

32.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

48.41

Preference Shares(%)

Investment Yield%

Production Desc
Paints

, 2009

Units
Liters

308

Capacity

Actual Production

Indeterminable

1,740,982

Clariant Pakistan Ltd.

1-A/1, Sector-20, Korangi Industrial Area, Korangi, Karachi.

Management

Banker

Auditor

Mr. Mujtaba Rahim(Chairman / C.E.O.)

RBS Bank Ltd.

Mr. M. Veqar Arif(Director)

Citibank N.A.

Mr. Shamshad Ahmad(Director)

HSBC Bank Middle East Ltd.

Dr. S. Mubarik Ali(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Peter Lindner(Director)

Habib Bank Ltd.

Mr. Andreas Walde(Director)

National Bank Of Pakistan

Mr. Walter Kindler(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

26th March

Year Ending :

31st December , 2009

M/S A. F. Ferguson & Co.

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

125

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

174.73

Highest Price in

2009

Rs.

203.00

Lowest Price in

2009

Rs.

98.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

124.56

Preference Shares(%)

Investment Yield%

Production Desc

Units

Multi-product

Metric tons

10

Capacity

Actual Production

indeterminable

47,588

Colgate-Palmolive (Pakistan) Ltd.

Lakson Square Building No.2, Sarwar Shaheed Road, Karachi-74200.

Management

Banker

Auditor

Mr. Iqbal Ali Lakhani(Chairman)

RBS Bank Ltd.

M/S A. F. Fergusan & Co.

Mr. Zulfiqar Ali Lakhani(Chief Executive)

Habib Bank Ltd.

Mr. Amin Mohammed Lakhani(Director)

MCB Bank Ltd.

Mr. A. Aziz Ebrahim(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Peter Justin Skala(Director)

Mr. Peter John Graylin(Director)
Mr. Tasleemuddin Ahmed Batlay(Director)
Date of Annual General Meeting

07th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

280.00

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

689.90

Ordinary Shares (%)

115

Lowest Price in

2009

Rs.

251.00

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

384.12

Preference Shares(%)

Production Desc
Multiple consumer goods

Investment Yield%

Units
M. Tons

309

Capacity

Actual Production

123,500

117,005

Data Agro Ltd.

3-A, Race View, Jail Road, Lahore

Management

Banker

Auditor

Mr. Faaiz Rahim Khan(Chief Executive)

Albaraka Islamic Investment Bank B.S.C (E.C)

Mr. Asif Rahim Khan(Director)

Habib Bank Ltd.

Mr. Muhammad Ayub Khan(Director)

MCB Bank Ltd.

Mr. Hamid Jamshed(Director)

NIB Bank Ltd.

Mr. Sohail Ahmad Khan(Director)

The Bank Of Punjab

Mr. Umar Sadik(Director)

Allied Bank Ltd.

M/s. Rafaqat Mansha Mohsin Dossani Masoom &

Mrs. Badar Hussain(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Seed processing

Capacity

Actual Production

18,250

3,199

M. Tons

Dawood Hercules Chemicals Ltd.

35-A, Shahrah-e-Abdul Hameed Bin Baadees (Empress Road), Lahore.

Management

Banker

Mr. Aleem Ahmed Dani(Director)

Allied Bank Limited

Mr. Hussain Dawood(Chairman)

Bank Al-Habib Ltd.

Mr. Shahzada Dawood(Chief Executive)

Emirates Global Islamic bank

Mr. Isar Ahmed(Director)

MCB Bank Ltd.

Mr. Abdul Ghafoor Gohar(Director)

Habib Bank Ltd.

Mr. Abdul Samad Dawood(Director)

Habib Metropolitan Bank Limted

Mr. Khawaja Amanullah(Director)

United Bank Limited

Date of Annual General Meeting

29th March

Year Ending :

31st December , 2009

Auditor
KPMG Taseer Hadi & Co.

, 2010

Percentage Dividend rate :

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

179.81
225.15

Highest Price in

2009

Rs.

Ordinary Shares (%)

40

Lowest Price in

2009

Rs.

98.75

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

143.89

Preference Shares(%)

Production Desc
Urea Fertilizer

Investment Yield%

Units
M. Tons

310

Capacity

Actual Production

445,500

513,315

Descon Chemicals Ltd.(Nimir Resins Ltd.)

DESCON World Head Quater, 18 KM Ferozepur Road, Lahore-53000.

Management

Banker

Mr. A. Razak Dawood(Chairman)

Bank Al-Habib Ltd.

Mr. Taimoor Dawood(Chief Executive)

Habib Bank Ltd.

Auditor
M/s. Hussain Chaudhry & Co.

Mr. Muhammad Sadiq(Director)

Mr. Zafar Mahmood(Director)
Syed Zamanat Abbas(Director)
Mr. Sheikh Azhar Ali(Director)
Mr. Faisal Dawood(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.09

Percentage Dividend rate :

Highest Price in

2009

Rs.

8.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.60

Preference Shares(%)

, 2009

Investment Yield%

Production Desc

Units

Alkyd, Polyvinyl & Acrylic

M. Tons

Capacity

Actual Production

Indeterminable

8,326

Descon Oxychem Ltd.

Descon Headquaters, 18 Km Ferozpur Road, Lahore-53000.

Management

Banker

Mr. Abdur Razzak Dawood(Chairman)

Allied Bank Ltd.

Mr.Taimur Dawood(Chief Executive)

Bank Al Habib Ltd.

Mr. Muhammad Sadiq(Director)

Habib Metropolitan Bank Ltd.

Shaikh Azhar Ali(Director)

Habib Bank Ltd.

Auditor
M/s. A.F.Ferguson & Co.

Mr. Faisal Dawood(Director)

Syed Zamanat Abbas(Director)
Mr. Salman Zakaria(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.54

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.05

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.49

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.51

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Packing Material

Number

630,000

317,910

Chemicals especially hydrogen peroxide

M.Tons

8,750

5,139

311

Dynea Pakistan Ltd.

1st Floor, House of Habib Siddiquesons Tower, 3-Jinnah Coooperative Housing Society, Block 7/8, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Mr. Per Haga(Chairman)

Citi Bank N. A.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Shabbir Abbas(Chief Executive)

NIB Bank Ltd.

Mr. Alireza M. Alladin(Director)

United Bank Limited

Mr. Chew Teck Liong(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Doneld John Jenkin(Director)

Habib Metropolitan Bank Limted

Mr. Farooq Hassan(Director)

Habib Bank Ltd.

Mr. Rafiq M. Habib(Director)

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.20

Highest Price in

2009

Rs.

24.70

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

8.41

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

13.58

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Urea/Melamine formaldehyde

M. Tons

34,000

31,762

Formaldehyde

M. Tons

39,000

31,262

Aminoplast compound

M. Tons

10,000

8294

Engro Corporation Limited (Engro Cheml Pakistan Ltd.)

7th & 8th Floor, The Harbor Front Building, HC # 3, Marine Drive, Block-4, Clifton, Karachi.

Management

Banker

Mr. Hussain Dawood(Chairman)

Allied Bank Limited

Mr. Asad Umar(President / C.E.O.)

Bank Al-Habib Ltd.

Mr. Asif Qadir(Director)

Bank Al-Falah

Mr. Arshad Nasar(Director)

Habib Bank Ltd.

Mr. Isar Ahmed(Director)

Arif Habib Bank Ltd.

Mr. Shabbir Hashmi(Director)

Askari Commercial Bank Ltd.

Mr. Khalid Mansoor(Director)

Atlas Bank Ltd.

Auditor
M/s. A.F.Ferguson & Co.

Date of Annual General Meeting

27th February , 2010

Face Value

Rs.

10.00

Year Ending :

31st December , 2009

Market Price as on 31/12/2009

Rs.

183.27
190.97

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

60

Lowest Price in

2009

Rs.

93.00

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

142.32

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production
952,024

Urea

M. Tons

975,000

NPK

M. Tons

160,000

91,821

PVC Resin

M. Tons

150,000

115,620

312

Engro Polymer & Chemicals Ltd.

1st Floor, Bahria Complex-1, 24 M.T.Khan Road, Karachi.

Management

Banker

Mr. Asad Umar(Chairman)

Allied Bank Ltd.

Asif Qadir(Chief Executive)

Askari Commercial Bank Ltd.

Mr. Isar Ahmed(Director)

Bank Al-Falah Ltd.

Mr. Shahzada Dawood(Director)

Bank Al Habib Ltd.

Mr. Masaharu Domichi(Director)

Dubai Islamic Bank

Mr. Takeshi Hagiwara(Director)

Samba Bank Ltd.

Mr. Shabbir Hashmi(Director)

Faysal Bank Ltd.

Date of Annual General Meeting

09th April

Year Ending :

31st December , 2009

Auditor
M/s. A. F. Ferguson & Co.

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

19.10

Percentage Dividend rate :

Highest Price in

2009

Rs.

27.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.11

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

19.05

Preference Shares(%)

Investment Yield%

Capacity

Actual Production

PVC Resin

M.Tons

150,000

115,620

Caustic Soda

M.Tons

106,000

38,739

Units

Production Desc

Fauji Fertilizer Bin Qasim Ltd

73-Harley Street, Rawalpindi

Management

Banker

Lt. Gen.(Retd.) Hamid Rab Nawaz(Chairman)

MCB Bank Ltd.

Lt. Gen.(Retd.) Anis A. Abbasi(M.D. / C.E.O.)

Habib Bank Ltd.

Lt. Gen. (Retd.) Malik Arif Hayat(Director)

Faysal Bank Ltd.

Brig. (Retd/) Kawaod Rasjod Dar(Director)

Askari Commercial Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Qaiser Javed(Director)

Dr. Nadeem Inayat(Director)
Brig. (Retd.) Liaqat Ali(Director)
Date of Annual General Meeting

16th March

Year Ending :

31st December , 2009

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

26.13

Highest Price in

2009

Rs.

28.15

Lowest Price in

2009

Rs.

12.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

19.57

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

20

Capacity

Actual Production

Urea

Metric tons

551,100

627,079

DAP

Metric tons

600,000

540,096

313

Fauji Fertilizer Company Ltd.

93-Harley Street, Rawalpindi Cantt., Rawalpindi.

Management

Banker

Lt. Gen. (Retd.) Hamid Rab Nawaz(Chairman)

Habib Bank Ltd.

Lt. Gen. (Retd.) Malik Arif Hayat(M.D. / C.E.O.)

MCB Bank Ltd.

Brig. (Retd.) Arif Rasul Qureshi(Director)

National Bank Of Pakistan

Auditor
M/s. KPMG Tasir Hadi & Co.

Maj. Gen. (Retd.) Muhammad Tahir(Director)

Brig. (Retd.) Rahat Khan(Director)
Mr. Jorgen Madsen(Director)
Mr. Istaqbal Mehdi(Director)
Date of Annual General Meeting

24th February , 2010

Face Value

Rs.

10.00

Year Ending :

31st December , 2009

Market Price as on 31/12/2009

Rs.

102.93

Highest Price in

2009

Rs.

110.24

Percentage Dividend rate :

Ordinary Shares (%)

131.5

Lowest Price in

2009

Rs.

58.90

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

93.36

Preference Shares(%)

Investment Yield%

Production Desc

Units

15

Capacity

Actual Production

DAP

M. Tons

600

540

Urea

M. Tons

2,599

3,091

Ferozsons Laboratories Ltd.

Plot No.197-A, The Mall, Rawalpindi.

Management

Banker

Auditor

Mrs. Akhtar Khalid Waheed(Chairperson / CEO. Standard Chartered Bank ( Pakistan) Ltd.
Mr. Osman Khalid Waheed(President)

Bank Alfalah Ltd.

Mr. Omar Khalid Waheed(G.M.)

Habib Bank Ltd.

Mr. Farooq Mazhar(Director)

Standard Charterd Bank Ltd.

KPMG Taseer Hadi & Co.

Mr. Dost Mohammad Khan Sherpao(Director)

Mr. M .M. Isphani(Director)
Mr. Nihal A. Cassim(Director)
Date of Annual General Meeting

28th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

157.00
312.00

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

10

Lowest Price in

2009

Rs.

93.40

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

196.73

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Pharmaceutical cannot be determined

314

Actual Production

Glaxosmithkline (Pakistan) Ltd.

35-Dockyard Road, West Wharf, Karachi.

Management

Banker

Auditor

Mr. M. Salman Burney(Chairman / C.E.O.)

Citibank N.A.

M/s. A. F. Fergusan & Co.

Dr. Muzaffar Iqbal(Director)

The Royal Bank of Scotland Ltd.

Mr. Javed Ahmedjee(Director)

Habib Bank Ltd.

Mr. Rafique Dawood(Director)

HSBC Bank Middle East Limited

Mr. Shahid Mustafa Qureshi(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Tariq Iqbal Khan(Director)

Dr. Iffat Yazdani(Director)
Date of Annual General Meeting

30th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

50

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

109.27

Highest Price in

2009

Rs.

147.49

Lowest Price in

2009

Rs.

71.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

104.56

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Medicines and pharma products

Highnoon Laboratories Ltd.

17.5 Kilometer, Multan Road, Lahore-53700.

Management

Banker

Mr. Jawaid Tariq Khan(Chairman)

National Bank of Pakistan.

Mr. Anees Ahmad Khan(Vice Chairman)

JS Bank Ltd.

Mr. Tausif Ahmad Khan(Vice Chairman)

Habib Bank Ltd.

Mr. Aslam Hafiz(Chief Executive)

United Bank Ltd.

Mr. Ghulam Hussain Khan(Director)

Faysal Bank Ltd.

Mian Muhammad Ashraf(Director)

Allied Bank Ltd.

Mrs. Nosheen Riaz Khan(Director)

MCB Bank Limited

Date of Annual General Meeting

26th April

Year Ending :

31st December , 2009

, 2010

Auditor
KPMG Taseer Hadi & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

32.66

Highest Price in

2009

Rs.

40.45

Lowest Price in

2009

Rs.

27.71

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

30.53

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

25

Units

Capacity

pharma products

315

Actual Production

ICI Pakistan Ltd.

ICI House, 5-West Wharf, Karachi-74000

Management

Banker

Mr. M. J. Jaffer(Chairman)

Oman International Bank

Mr. Waqar A. Malik(Chief Executive)

Askari Commercial Bank Ltd.

Mr. M. Niwaz Tiwana(Director)

Citibank N.A.

Mr. Ali A Aga(Director)

Deutsche Bank A.G.

Mr. Derek W.Welch(Director)

Muslim Commercial Bank Ltd.

Mr. Bart Kaster(Director)

National Bank Of Pakistan

Mr. James R Rees(Director)

United Bank Limited

Date of Annual General Meeting

30th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

45

Auditor
KPMG Taseer Hadi & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

168.49

Highest Price in

2009

Rs.

201.00

Lowest Price in

2009

Rs.

50.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

130.08

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Polyster

M. Tons

122,000

123,642

Soda Ash

M. Tons

350,000

269,500

Paints

M. Tons

33,741

Ittehad Chemicals Ltd.

Plot No.39 Empress Road, P.O.Box No. 1414, Lahore

Management

Banker

Mr. Mohd.Siddique Khatari(Chairman / C.E.O.)

Askari Commercial Bank Limited

Ms. Noor-ul-Huda(Director)

Allied Bank Of Pakistan

Mr. Abdul Sattar Khatri(Director)

Metropolitan Bank Limited

Mr. Mansoor Ahmed Khatri(Director)

MCB Bank Ltd.

Mr. Fawad Yousuf(Director)

The Bank Of Punjab

Mr.Abdul Ghafoor Khatri(Director)

Faysal Bank Limited

Ms. Farhana Sattar(Director)

United Bank Limited

Auditor
M/S BOD Ebrahim & Co.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

38.00

Highest Price in

2009

Rs.

45.74

Lowest Price in

2009

Rs.

21.14

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

33.44

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production
95,448

Caustic soda

M. Tons

143,550

Liquid chlorine

M. Tons

13,220

7,758

Hydrocloric acid

M. Tons

150,000

133,680

316

Leiner Pak Gelatine Ltd.

17/G Gulberg-2, GPO Box No.415, Lahore.

Management

Banker

Khwaja Imtiaz Ahmed(M.D. / C.E.O.)

Bank al-Habib

Khwaja Ahmed Hussan(Director)

United Bank Ltd.

Auditor
M/S M. Almas & Co.

Khwaja Ibrar Ahmed(Director)

Khwaja Ijaz Ahmed(Director)
Khwaja Muhammad Kamran(Director)
Khwaja Umer Riaz(Director)
Mr. Iqbal Dossa(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

38.44

Highest Price in

2009

Rs.

68.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

38.44

Ordinary Shares Bonus (%)

12

Average Price in

2009

Rs.

53.22

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

DI-Calcium Phosphate

M. Tons

15,000

4,713

Gelatine (blended/unblended)

M. Tons

3,000

1,043

Lotte Pakistan PTA Ltd.(Pakistan PTA Ltd.)

EZ/1/P-4 Eastern Industrial Zone, Port Qasim, Karachi.

Management

Banker

Auditor

Mr. Nak Yong Lee(Chairman)

Askari Commerial Bank Ltd.

Mr. M. Asif Saad(Chief Executive)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Oh Hun Im(Director)

Citibank N.A.

Mr. Muhammad Qasim Khan(Director)

Deutsche Bank AG

Mr. Byung Yun Lim(Director)

MCB Bank Ltd.

Mr. Tajammul Hussain Bokharee(Director)

HSBC Bank Middle East Limited

Mrs. Aliya Yusuf(Director)

National Bank Of Pakistan

Date of Annual General Meeting

25th March

Year Ending :

31st December , 2009

, 2010

KPMG Taseer Hadi & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

7.83

Highest Price in

2009

Rs.

8.19

Lowest Price in

2009

Rs.

1.59

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.93

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Polyester staple fibres

Units
M. Tons

317

13

Capacity

Actual Production

506,750

506,750

Nimir Industrial Chemicals Ltd.

Plot No.51-N, Industrial Area, Gulberg-II, Lahore

Management

Banker

Mr. Louis Tucker Link(Chairman)

Bank Of Punjab

Mr. Zafar Mahmood(Chief Executive)

Samba Bank Limited

Mr. Imran Afzal(Director)

Silk Bank Ltd.

Mr. Sh. Amar Hameed(Director)

MCB Bank Ltd.

Auditor
M/S Ford Rhodes Sidat Hyder & Co.

Mr. Abdul Jalil Jamil(Director)

Mr. Umer Iqbal(Director)
Mr. Saeed-uz-Zaman(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.38

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.69

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.00

Preference Shares(%)

Investment Yield%

, 2009

Capacity

Actual Production

Oleo Chemicals

M. Tons

24,000

14,013

Caustic Soda

M. Tons

31,350

29,421

Units

Production Desc

Otsuka Pakistan Ltd.

Plot No.30-B, Sindh Muslim Co-operative Housing Society, Karachi-74400.

Management

Banker

Mr. Minoru Okamoto(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Abid Hussain(Chief Executive)

Habib Bank Ltd.

Mr. Takaharu Imai(Director)

MCB Bank Ltd.

Mr. Suseno Surjoseputro(Director)

Bank Alflah Limited

Mr. Nazimuddin Feroz(Director)

The Bank Of Tokyo Mitsubishi Ltd.

Mr. Kiyoshi Fukai(Director)

National Bank of Pakistan.

Auditor
M/S A. F. Ferguson & Co.

Mr. Mehtabuddin Feroz(Director)

Date of Annual General Meeting

14th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

35.70

Highest Price in

2009

Rs.

78.85

Lowest Price in

2009

Rs.

31.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

43.31

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

I.V. Solution

Million bottles

31.5

31.4

Plastic Ampoules

Million bottles

8.0

6.9

318

Pakistan Gum & Chemicals Ltd.

B-19/A Irshad Qadri Road, S.I.T.E., Karachi-75700.

Management

Banker

Mr. Mohammad Moonis(Chairman)

Askari Commercial Bank Ltd.

Mr. Shoaib Ahmad(Vice Chairman)

Habib Bank Ltd.

Mr. Mohammad Ali Hanafi(Director)

MCB Bank Ltd.

Mr. Ozair Ahmed Hanafi(Director)

Habib Metorpolitan Bank Ltd.

Mr. Zaeem Ahmed Hanafi(Director)

My Bank Ltd.

Auditor
M/s. Fords Rhodes Sidat Hyder & Co.

Mr. Mohammad Aslam Hanafi(Director)

Mr. Tariq Mohamed Amin(Director)
Date of Annual General Meeting

19th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

10

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

31.00

Highest Price in

2009

Rs.

53.00

Lowest Price in

2009

Rs.

28.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

40.65

Preference Shares(%)

Investment Yield%

Production Desc

Units

Seed processing

Capacity

Actual Production

35,000

11,312

M. Tons

Pakistan PVC Ltd.

Shaffiabad, Gharo, District Thatta, Sindh

Management

Banker

Mr. Reyaz Shaffi(Chairman / C.E.O.)

MCB Bank Ltd.

Mr. Ijaz Ahmad Khan(Director)

The Royal Bank of Scotland Ltd.

Mr. Adeel Shaffi(Director)

United Bank Ltd.

Auditor
M/s. Mushtaq Ahmed & Co.

Mr. Asif Shaffi(Director)

Mr. Arif Shaffi(Director)
Mr. Mohammad Iqbal(Director)
Mr. Adnan Shaffi(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

20.76

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.38

Preference Shares(%)

Investment Yield%

Production Desc
PVC pipes and fittings

, 2009

Units
Thousand Meter

319

Capacity

Actual Production

7,752

128

Sanofi-Aventis Pakistan Ltd. (Aventis Pharma)

Plot No.23, Sector No.22, Korangi Industrial Area, Karachi

Management

Banker

Syed Babar Ali(Chairman)

RBS Bank Ltd.

Mr. Tariq Wajid(Managing Director)

Deutsche Bank A.G.

Mr. Tariq Iqbal Khan(Director)

Habib Bank Ltd.

Mr. J.L.Grunwald(Director)

Citibank N. A.

Mr. M.Z.Moin Mohajir(Director)

Standard Chartered Bank

Pir Ali Gohar(Director)

MCB Bank Ltd.

Auditor
M/S Ford Rhodes Sidat Hyder & Co.

Syed Hyder Ali(Director)

Date of Annual General Meeting

29th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

70

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Highest Price in
2009

Rs.

145.11

Rs.

227.00

Lowest Price in

2009

Rs.

99.56

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

163.28

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Pharma products

Sardar Chemical Industries Ltd.

No.29-B, Road No.1, Gadoon Amazai Industrial Estate, Topi, Ganduf Road, Swabi. Khyber Paktoonkhua

Management

Banker

Sardar Mahmood Sadiq(Chief Executive)

Allied Bank Of Pakistan Ltd.

Mr. Fayyaz Ahmed Khan(Director)

Askari Commercial Bank Ltd.

Auditor
M/s. Aslam Malik & Co.

Mr. Iftikhar Ahmed Khan(Director)

Mr. Sardar Ayaz Sadiq(Director)
Mrs. Mona Mahmood(Director)
Mrs. Reema Ayaz(Director)
Mr. Shahid Aziz(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Highest Price in
2009

Rs.

1.95

Rs.

4.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.95

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.35

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Production Desc
Chemicals

Units
M. Tons

320

Capacity

Actual Production

660

321

Searle Pakistan Ltd.

1st Floor, NIC Building, Abbasi Shaheed Road, Off: Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Mr. Rashid Abdulla(Chairman / C.E.O.)

Citi Bank N. A.

M/s. Anjum Asim Shahid Rahman & Co.

Mr. S. Nadeem Ahmed(Managing Director)

Habib Metropolitan Bank Ltd.

Mr. Munis Abdulla(Director)

The Royal Bank of Scotland Ltd.

Mr. Shuja Malik(Director)

Habib Bank Ltd.

Mr. Khalid Malik(Director)

National Bank Of Pakistan

Mr. Asad Abdulla(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Abdul Hamid Dagia(Director)

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

44.55

Highest Price in

2009

Rs.

92.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

40.01

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

59.42

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Liquid

bottles

17,600

32,899

Tablets

Numbers

680,000

1,075,430

Capsules

Numbers

55,000

59,020

Shaffi Chemical Industries Ltd.

Plot # 2,Gadoon Amazai Industrial Estate, Swabi, Khyber Pakhtunkhua

Management

Banker

Mr. Waqar A.Shaffi(Chairman / C.E.O.)

Allied Bank Of Pakistan Ltd.

Mr. Mohib Hussain(Director)

Silk Bank Ltd.

Mr. Muhammad Sameer(Director)

Habib Metropolitan Bank Limted

Mr. Zahoor Ahmed(Director)

Askari Commercial Bank Ltd.

Mr. Shariq Iftikhar(Director)

Standard Chartered Bank Ltd.

Auditor
M/s. M.A.Tabussum & Co.

Mr. Sohail Malik(Director)

Mr. Hashim Aslam Butt(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.20

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.69

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.60

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.16

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

DOP Plant

Tons

17,500

LITH Ditex Binder Plant & Super Bond

Tons

2,060

1,874

321

Sitara Chemical Industries Ltd.

601-602, Business Centre, Mumtaz Hasan Road,Karachi.

Management

Banker

Haji Bashir Ahmed(Chairman)

Albaraka Islamic Bank

Mr. Mohammad Adrees(Chief Executive)

Allied Bank Of Pakistan Ltd.

Mr. Imran Ghafoor(Director)

Askari Bank Ltd.

Mr. Javed Iqbal(Director)

The Bank Of Punjab

Mr. Mohammad Anis(Director)

MCB Bank Ltd.

Mr. Rashid Zahir (SPAICL)(Director)

Faysal Bank Ltd.

Mr. Haseeb Ahmed(Director)

Habib Bank Ltd.

Auditor
M/S M. Yousuf Adil Saleem & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

156.00

Highest Price in

2009

Rs.

264.90

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

114.26

Ordinary Shares Bonus (%)

75

Average Price in

2009

Rs.

174.98

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Caustic Soda

metric tons

178,200

146,601

Sodium Hypochlorite

metric tons

66,000

37,793

Bleaching Powder

metric tons

7,500

4,401

Sitara Peroxide Limited

601-602, Business Centre, Mumtaz Hasan Road, Karachi.

Management

Banker

Mr. Haji Bashir Ahmed(Chairman)

Askari Bank Ltd.

Mr. Imran Ghafoor(Chief Executive)

Bank Al Falah Ltd.

Mr. Javed Iqbal(Director)

Faysal Bank Ltd.

Mr. Muhammad Adrees(Director)

Habib Bank Ltd.

Mr. Muhammad Anis(Director)

Meezan Bank Ltd.

Mrs. Noureen Javed(Director)

Natioanl Bank of Paksitan

Mrs. Sharmeen Imran(Director)

Silk Bank Ltd.

Auditor
M/s. M. Yousuf Adil Saleem & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

18.44

Percentage Dividend rate :

Highest Price in

2009

Rs.

53.78

Ordinary Shares (%)

Lowest Price in

2009

Rs.

15.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

26.22

Preference Shares(%)

Investment Yield%

Production Desc
Hydrogen Peroxide

, 2009

Units
Tons

322

Capacity

Actual Production

30,000

18,045

Wah Nobel Chemicals Ltd.

Wah Noble Chemicals, G. T. Road, Wah Cantt.

Management

Banker

Lt. Gen. Shujaat Zamir Dar(Chairman)

Bank Al Habib Ltd.

Mr. Torbjorn Saxmo(Vice Chairman)

MCB Bank Ltd.

Syed Naseem Raza(Director)

Allied Bank Ltd.

Auditor
M/s. Anjum Asim Shahid Rahman

Mr. Shahid Aziz(Director)

Mr. Feroze Khan Malik(Director)
Mr. Khalid Pervaiz(Director)
Mr. Riaz Ahmad(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

58.45

Highest Price in

2009

Rs.

63.65

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

37.25

Ordinary Shares Bonus (%)

50

Average Price in

2009

Rs.

47.85

Preference Shares(%)

Investment Yield%

Production Desc

Units

10

Capacity

Actual Production

Formaldehyde and formaline solvant

M. Tons

30,000

21,646

Urea / phenol formaldehyde

M. Tons

19,000

23,435

Wyeth Pakistan Ltd.

S-33, Hawksbay Road, S.I.T.E. (GPO Box # 167), Karachi.

Management

Banker

Mr. Iqbal Bengali(Chairman / C.E.O.)

The Royal Bank of Scotland Ltd.

Khawaja Bakhtiar Ahmed(Director)

Citibank N.A.

Auditor
M/s. Taser Hadi & Co.

Mr. Abdul Majeed(Director)

Mr. Badaruddin F. Vellani(Director)
Mr. Abdul Naseer(Director)
Mr. Maqbool H. H. Rahimtoola (NIT)(Director)
()
Date of Annual General Meeting

24th March

Year Ending :

31st December , 2009

, 2010

Face Value

Rs.

100.00

Market Price as on 31/12/2009

Rs.

1,290.60

Highest Price in

2009

Rs.

2,470.00

Lowest Price in

2009

Rs.

1,090.41

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1,776.94

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

50

Units

Capacity

Pharma products

323

Actual Production

Engineering Sector

Engineering Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

326

2004

2005

2006

2007

2008

2009

7223.1
23270.8
30493.9
0.0
296.0
5927.5
6223.5
36717.4

8313.2
31278.4
39591.6
605.0
221.9
7199.3
8026.2
47617.8

8738.8
41639.6
50378.4
605.0
147.8
8980.0
9732.8
60111.2

9966.6
54799.5
64766.1
605.0
73.7
11247.6
11926.3
76692.4

11371.7
61777.0
73148.7
526.3
0.0
10680.8
11207.1
84355.8

12780.7
63453.0
76233.7
536.3
0.0
11333.0
11869.3
88103.0

27015.7
38801.4
35606.3
35216.6
25713.5
27967.6
23007.7
32123.0
26322.6
25300.4
16518.0
22940.2
4008.0
6678.4
9283.7
9916.2
9195.5
5027.4
16798.1
20745.4
28212.1
33687.8
46308.9
48728.9
23183.8
33998.7
43528.7
41152.2
43704.5
42028.0
66997.6
93545.5 107347.1 110056.6 115726.9 118724.5
51414.1
71045.7
81119.7
77257.4
81861.3
93103.1
57637.6
79071.9
90852.5
89183.7
93068.4 104972.4
15583.5
22499.8
26227.4
32799.2
33865.6
25621.4
15796.1
28885.0
27462.4
30415.2
32223.0
33240.1
-24398.4 -32244.3 -45513.4 -42040.8 -56147.8 -65135.5
34333.6
42835.7
54414.8
68095.4
77703.6
93354.8
21134.0
25117.9
33883.9
43893.3
50490.1
62481.7
2018.0
3315.3
3403.8
3982.4
4425.8
4547.7
88131.6 118663.4 141231.0 153949.9 166217.0 181206.2
139637.5
138285.1
1352.4
122465.6
17171.9
128362.3
13104.2
995.4
12108.8
4025.6
2608.7
240.6

203924.0
201377.7
2546.3
182892.8
21031.2
190693.8
16572.0
1529.3
15042.7
4368.4
2281.8
568.2

255490.8
253376.7
2114.1
227154.2
28336.6
237018.3
23986.0
2823.2
21162.8
6988.2
6460.0
1233.4

271839.2
269228.0
2611.2
242814.3
29024.9
254106.2
22901.7
3865.1
19036.6
6127.0
4451.5
657.8

282886.6
278905.1
3981.5
256452.9
26433.7
268549.9
19174.4
4543.4
14631.0
4517.8
3925.3
527.0

244227.9
218786.9
25441.0
219856.7
24371.2
233665.4
13312.4
5657.5
7654.9
4245.8
4226.4
410.6

9598.0
5474.5
4123.5

10900.4
8392.5
2507.9

12493.4
7714.6
4778.8

16581.2
8458.1
8123.1

7663.4
6187.9
1475.5

3747.2
-817.3
4564.5

7492.5
11616.0

11707.8
14215.7

11118.4
15897.2

12440.5
20563.6

10613.7
12089.2

3730.4
8294.9

16.9
130.3
85.2
189.0
13.7
57.0
64.5
422.2
91.9
7.6
0.7
6.3
33.2
4.3
39.7

16.9
131.7
83.8
199.7
12.7
77.0
82.4
476.2
93.5
9.2
0.7
5.3
29.0
4.1
38.0

16.2
132.3
78.7
180.3
15.0
61.7
69.9
576.5
92.8
11.8
1.1
10.3
33.0
5.7
42.0

15.6
142.5
89.2
137.7
12.4
51.0
60.5
649.8
93.5
16.9
1.4
12.7
32.2
6.5
29.4

13.3
141.4
88.0
127.2
8.8
80.7
87.8
643.3
94.9
23.7
1.6
14.1
30.9
9.1
20.0

13.5
127.5
82.4
137.7
4.2
-21.8
45.0
596.5
95.7
42.5
2.3
17.0
55.5
11.4
10.0

309.9
8.6
8.7
16.8
11.2
12.5
158.4
9.1
41.0
42.2

467.8
5.8
7.4
18.1
12.8
15.5
171.9
7.7
46.0
47.6

219.4
12.8
8.3
24.2
16.2
8.5
180.9
33.7
25.3
57.6

290.0
6.9
7.0
19.1
13.0
11.2
176.6
-21.1
6.4
65.0

257.6
5.4
5.2
12.9
8.9
10.2
170.2
-32.5
4.1
64.3

80.7
5.5
3.1
6.0
2.7
8.9
134.8
-53.5
-13.7
59.6

Engineering

Operating, Financial & Investment Ratios

250
200
150
%

100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Ados Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

328

2004

2005

2006

2007

2008

2009

65.8
-7.5
58.3
0.0
0.0
0.0
0.0
58.3

65.8
4.8
70.6
0.0
0.0
0.0
0.0
70.6

65.8
9.8
75.6
0.0
0.0
0.0
0.0
75.6

65.8
4.0
69.8
0.0
0.0
0.0
0.0
69.8

65.8
11.8
77.6
0.0
0.0
0.0
0.0
77.6

65.8
64.2
130.0
0.0
0.0
0.0
0.0
130.0

26.9
26.9
0.0
46.2
3.3
76.4
56.1
56.1
20.3
0.0
-29.2

15.9
15.9
0.0
59.2
3.3
78.4
45.7
45.7
32.7
0.4
-29.8

34.8
34.8
0.0
190.5
3.3
228.6
188.9
188.9
39.7
0.0
-154.1

263.8
263.8
0.0
77.7
3.3
344.8
313.0
313.0
31.8
0.0
-49.2

130.4
114.4
16.0
21.5
128.5
280.4
243.4
243.4
37.0
0.0
-113.0

242.9
226.4
16.5
246.1
3.3
492.3
417.2
417.2
75.1
0.0
-174.3

101.4
38.0
4.4
114.4

105.6
38.0
4.2
116.4

0.0
36.0
0.0
264.6

112.3
38.1
4.3
382.9

119.4
40.7
4.7
321.1

139.0
54.9
5.5
547.2

81.2
81.2
0.0
66.1
15.1
80.0
2.5
1.1
1.4
0.4
0.0
0.0

298.4
298.4
0.0
262.9
35.5
290.0
10.5
1.1
9.4
1.5
0.0
0.0

359.7
359.7
0.0
323.9
35.8
348.1
13.6
0.8
12.8
1.8
0.0
0.0

790.6
790.6
0.0
702.6
88.0
768.7
24.4
1.2
23.2
6.2
0.0
0.0

337.0
337.0
0.0
284.8
52.2
328.2
13.1
0.7
12.4
6.0
0.0
0.0

795.8
795.8
0.0
647.2
148.6
729.3
77.1
0.7
76.4
21.8
13.2
0.0

6.4
1.0
5.4

12.3
7.9
4.4

5.0
11.0
-6.0

-5.8
17.0
-22.8

7.8
6.4
1.4

52.4
41.4
11.0

5.4
10.8

12.1
16.5

11.0
5.0

21.3
-1.5

11.1
12.5

46.9
57.9

0.0
136.2
130.3
96.2
1.2
15.6
50.0
88.6
98.5
44.0
1.4
28.6
0.0
2.4

0.0
171.6
164.3
64.7
8.1
64.2
73.3
107.3
97.2
10.5
0.4
275.0
16.0
12.3
13.3

0.0
121.0
119.3
249.9
4.8
220.0
220.0
114.9
96.8
5.9
0.2
0.0
14.1
45.5
16.9

0.0
110.2
109.1
448.4
6.1
-293.1
-1420.0
106.1
97.2
4.9
0.2
0.0
26.7
8.3
33.2

0.0
115.2
62.4
313.7
3.9
82.1
88.8
117.9
97.4
5.3
0.2
0.0
48.4
38.1
16.0

0.0
118.0
117.2
320.9
14.0
79.0
81.0
197.6
91.6
0.9
0.1
0.0
28.5
25.9
58.8

0.0
1.7
0.2
0.2
10.5
71.0
-300.0
21.6
8.9

0.0
3.2
1.4
1.2
11.1
256.4
600.0
267.5
10.7

0.0
0.0
3.6
1.9
1.7
0.0
135.9
35.7
20.5
11.5

0.0
0.0
2.9
3.5
2.6
11.9
206.5
84.2
119.8
10.6

0.0
0.0
3.7
1.9
1.0
12.3
105.0
-45.7
-57.4
11.8

413.6
10.2
9.6
11.6
8.3
13.5
145.4
510.5
136.1
19.8

Agriauto Industries Limited

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

329

2004

2005

2006

2007

2008

2009

120.0
219.5
339.5
0.0
0.0
0.0
0.0
339.5

120.0
466.7
586.7
0.0
0.0
0.0
0.0
586.7

120.0
720.3
840.3
0.0
0.0
11.8
11.8
852.1

120.0
920.4
1040.4
0.0
0.0
8.6
8.6
1049.0

120.0
1117.3
1237.3
0.0
0.0
2.7
2.7
1240.0

144.0
1298.2
1442.2
0.0
0.0
2.6
2.6
1444.8

137.8
52.8
85.0
200.4
151.5
489.7
227.4
227.4
262.3
0.8
-89.6

227.1
27.0
200.1
187.2
188.9
603.2
107.2
107.2
496.0
2.0
119.9

388.2
35.3
352.9
200.2
312.5
900.9
175.9
187.7
725.0
17.0
212.3

475.2
49.3
425.9
269.3
310.1
1054.6
158.2
166.8
896.4
15.9
317.0

602.6
163.4
439.2
280.6
285.0
1168.2
231.6
234.3
936.6
11.0
371.0

588.1
225.7
362.4
290.3
448.7
1327.1
226.8
229.4
1100.3
5.8
361.3

258.1
77.4
14.0
567.1

277.0
90.6
15.0
693.8

319.8
127.1
19.1
1028.0

365.0
152.6
21.6
1207.2

530.8
303.4
21.1
1471.6

599.1
344.5
35.4
1671.6

1281.8
1281.8
0.0
938.2
343.6
1003.7
279.8
0.5
279.3
101.0
3.6
0.0

1455.7
1455.7
0.0
1095.6
360.1
1151.1
317.1
0.5
316.6
63.0
36.0
0.0

2029.0
2029.0
0.0
1496.4
532.6
1585.4
461.8
1.1
460.7
156.9
42.0
0.0

2279.6
2279.6
0.0
1743.0
536.6
1844.7
468.7
2.5
466.2
156.0
42.0
0.0

2484.9
2484.9
0.0
1973.0
511.9
2087.4
429.8
2.0
427.8
143.5
24.0
24.0

2413.3
2413.3
0.0
1928.1
485.2
2055.5
406.7
4.7
402.0
115.9
57.6
0.0

145.8
174.7
-28.9

247.2
217.6
29.6

265.4
261.8
3.6

196.9
268.2
-71.3

191.0
260.3
-69.3

204.8
228.5
-23.7

188.7
159.8

232.6
262.2

280.9
284.5

289.8
218.5

281.4
212.1

263.9
240.2

0.0
215.3
148.7
67.0
49.3
119.8
118.1
282.9
78.3
0.2
0.0
62.5
36.2
8.5
82.3

0.0
562.7
386.5
18.3
45.6
88.0
88.7
488.9
79.1
0.2
0.0
25.0
19.9
10.8
54.0

1.4
512.2
334.5
22.3
44.8
98.6
98.7
700.3
78.1
0.2
0.1
6.5
34.1
7.7
54.8

0.8
666.6
470.6
16.0
38.6
136.2
132.6
867.0
80.9
0.5
0.1
15.7
33.5
9.8
44.8

0.2
504.4
381.3
18.9
29.1
136.3
132.7
1031.1
84.0
0.5
0.1
18.2
33.5
7.7
34.6

0.2
585.1
387.3
15.9
24.0
111.6
109.9
1001.5
85.2
1.2
0.2
81.0
28.8
9.8
27.9

4952.8
1.1
21.8
23.3
14.9
17.2
226.0
161.8
84.0
28.3

704.4
6.1
21.7
26.4
21.1
19.4
209.8
13.3
13.6
48.9

723.3
5.0
22.7
38.4
25.3
21.1
197.4
45.5
39.4
70.0

738.6
4.0
20.5
38.9
25.9
17.0
188.8
1.3
12.4
86.7

1184.6
1.9
17.2
35.7
23.7
13.8
168.9
-8.2
9.0
103.1

496.7
4.0
16.7
27.9
19.9
11.7
144.4
-21.8
-2.9
100.2

Al-Ghazi Tractors Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

330

2004

2005

2006

2007

2008

2009

195.2
2469.6
2664.8
0.0
0.0
0.0
0.0
2664.8

214.7
2909.1
3123.8
0.0
0.0
0.0
0.0
3123.8

214.7
3335.2
3549.9
0.0
0.0
0.0
0.0
3549.9

214.7
3636.5
3851.2
0.0
0.0
0.0
0.0
3851.2

214.7
4213.1
4427.8
0.0
0.0
0.0
0.0
4427.8

214.7
5205.2
5419.9
0.0
0.0
0.0
0.0
5419.9

3000.2
2050.2
950.0
447.1
648.0
4095.3
1515.4
1515.4
2579.9
0.0
1484.8

5768.6
5017.3
751.3
578.2
740.1
7086.9
4121.7
4121.7
2965.2
0.0
1646.9

5668.9
5142.1
526.8
626.2
731.0
7026.1
3728.5
3728.5
3297.6
0.0
1940.4

5403.4
4384.6
1018.8
470.3
708.7
6582.4
2976.1
2976.1
3606.3
0.0
2427.3

3795.8
3349.0
446.8
1123.4
1931.4
6850.6
2658.2
2658.2
4192.4
0.0
1137.6

3667.5
3522.5
145.0
2206.8
1253.7
7128.0
1960.8
1960.8
5167.2
0.0
1706.7

250.0
84.9
15.5
4180.2

334.5
158.5
15.5
7245.4

433.9
252.2
16.9
7278.3

448.6
244.9
28.3
6827.3

457.8
235.5
27.2
7086.1

499.3
252.7
28.6
7380.7

6836.4
6836.4
0.0
5237.9
1598.5
5467.7
1490.5
6.2
1484.3
520.0
588.5
19.5

7851.6
7851.6
0.0
6249.1
1602.5
6511.9
1643.1
7.5
1635.6
576.6
214.7
19.5

9148.3
9148.3
0.0
7513.2
1635.1
7800.0
1913.0
2.8
1910.2
645.0
3756.9
0.0

9209.5
9209.5
0.0
7556.0
1653.5
7850.9
1917.5
3.0
1914.5
663.0
751.4
0.0

10241.9
10241.9
0.0
8664.1
1577.8
8955.7
1685.7
2.7
1683.0
562.0
751.4
0.0

15764.8
15764.8
0.0
13119.0
2645.8
13514.9
2661.0
2.2
2658.8
911.0
858.7
0.0

770.7
375.8
394.9

459.0
844.3
-385.3

426.1
-2491.7
2917.8

301.3
500.1
-198.8

576.6
369.6
207.0

992.1
889.1
103.0

391.3
786.2

859.8
474.5

-2474.8
443.0

528.4
329.6

396.8
603.8

917.7
1020.7

0.0
270.2
227.5
56.9
35.5
48.8
49.8
1365.2
80.0
0.4
0.1
35.0
0.7
55.7

0.0
171.9
154.0
131.9
22.6
183.9
181.2
1455.0
82.9
0.5
0.1
35.3
0.1
52.4

0.0
188.4
168.8
105.0
26.2
-584.8
-558.6
1653.4
85.3
0.1
0.0
0.0
33.8
0.1
53.8

0.0
221.2
197.4
77.3
28.0
166.0
160.3
1793.8
85.2
0.2
0.0
0.0
34.6
0.3
49.7

0.0
257.7
185.1
60.0
23.8
64.1
65.7
2062.3
87.4
0.2
0.0
0.0
33.4
0.1
38.0

0.0
363.5
299.6
36.2
36.0
89.6
89.9
2524.4
85.7
0.1
0.0
0.0
34.3
0.1
49.1

163.9
22.1
21.7
76.0
49.4
7.3
163.5
6.3
23.5
136.5

493.2
6.9
20.8
76.2
49.3
18.3
108.4
0.3
14.8
145.5

33.7
105.8
20.9
89.0
58.9
10.7
125.7
16.8
16.5
165.3

166.6
19.5
20.8
89.2
58.3
11.2
134.9
0.2
0.7
179.4

149.2
17.0
16.4
78.4
52.2
11.1
144.5
-12.1
11.2
206.2

203.5
15.8
16.9
123.8
81.4
12.1
213.6
57.9
53.9
252.4

Atlas Battery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

331

2004

2005

2006

2007

2008

2009

32.8
164.0
196.8
0.0
0.0
0.0
0.0
196.8

46.0
193.6
239.6
0.0
0.0
60.0
60.0
299.6

52.9
222.6
275.5
0.0
0.0
40.0
40.0
315.5

60.8
275.2
336.0
0.0
0.0
0.0
0.0
336.0

69.9
510.2
580.1
0.0
0.0
0.0
0.0
580.1

69.9
635.4
705.3
0.0
0.0
0.0
0.0
705.3

26.4
26.4
0.0
152.7
103.2
282.3
178.6
178.6
103.7
34.7
-152.2

32.6
32.6
0.0
109.9
211.7
354.2
205.7
265.7
148.5
150.3
-173.1

30.6
30.3
0.3
74.6
218.0
323.2
247.5
287.5
75.7
147.0
-216.9

37.5
37.5
0.0
100.6
306.2
444.3
419.2
419.2
25.1
171.2
-381.7

49.3
49.3
0.0
228.9
410.7
688.9
626.6
626.6
62.3
313.0
-577.3

28.9
28.9
0.0
201.4
434.6
664.9
594.8
594.8
70.1
103.6
-565.9

209.2
93.2
12.8
375.5

282.8
151.2
18.1
505.4

392.2
239.7
25.3
562.9

491.5
311.0
33.9
755.3

680.7
517.9
35.7
1206.8

888.5
635.3
43.1
1300.2

793.7
751.0
42.7
620.2
173.5
706.4
121.8
4.1
117.7
26.8
19.7
13.1

1230.5
1218.4
12.1
1072.9
157.6
1173.2
63.3
9.2
54.1
9.7
19.7
13.1

1564.0
1556.3
7.7
1375.0
189.0
1490.1
84.0
17.9
66.1
6.1
13.8
6.9

2065.4
2063.2
2.2
1773.8
291.6
1922.4
144.3
22.0
122.3
26.5
36.5
46.6

3376.6
3376.6
0.0
2989.7
386.9
3172.8
205.7
41.5
164.2
59.5
52.4
0.0

3156.8
3153.6
3.2
2626.7
530.1
2842.5
316.4
43.5
272.9
74.7
69.9
14.0

64.9
71.2
-6.3

102.8
24.7
78.1

15.9
46.2
-30.3

20.5
59.3
-38.8

244.1
52.3
191.8

125.2
128.3
-3.1

84.0
77.7

42.8
120.9

71.5
41.2

93.2
54.4

88.0
279.8

171.4
168.3

0.0
158.1
100.3
90.8
31.3
109.7
108.1
600.0
89.0
3.4
0.5
11.8
22.8
5.0
59.8

20.0
172.2
69.3
110.9
10.7
24.0
35.4
520.9
95.3
14.5
0.7
6.1
17.9
0.0
22.6

12.7
130.6
42.5
104.4
11.7
290.6
173.5
520.8
95.3
21.3
1.1
12.2
9.2
2.9
24.0

0.0
106.0
32.9
124.8
16.2
289.3
171.3
552.6
93.1
15.2
1.1
12.9
21.7
2.5
36.4

0.0
109.9
44.4
108.0
13.6
21.4
31.5
829.9
94.0
20.2
1.2
13.3
36.2
2.3
28.3

0.0
111.8
38.7
84.3
21.0
102.5
101.8
1009.0
90.0
13.7
1.4
42.0
27.4
2.8
38.7

461.4
10.0
14.8
35.9
27.7
15.2
211.4
79.5
24.9
60.0

225.4
8.2
4.4
11.8
9.7
19.4
243.5
-67.1
55.0
52.1

434.8
5.0
4.2
12.5
11.3
16.7
277.8
5.9
27.1
52.1

262.5
10.9
5.9
20.1
15.8
14.1
273.5
60.8
32.1
55.3

199.8
9.0
4.9
23.5
15.0
11.5
279.8
16.9
63.5
83.0

283.5
9.9
8.6
39.0
28.4
8.3
242.8
66.0
-6.5
100.9

Atlas Engineering Ltd. (Allwin Engineering Industries Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

332

(Million Rupees)
2004

2005

2006

2007

2008

2009

49.3
174.4
223.7
0.0
0.0
49.4
49.4
273.1

123.4
140.3
263.7
0.0
0.0
166.0
166.0
429.7

123.4
146.2
269.6
0.0
0.0
169.1
169.1
438.7

123.4
431.7
555.1
0.0
0.0
120.8
120.8
675.9

123.4
450.9
574.3
0.0
0.0
105.4
105.4
679.7

246.7
394.4
641.1
0.0
0.0
82.7
82.7
723.8

29.1
29.1
0.0
95.9
69.2
194.2
223.6
273.0
-29.4
147.0
-194.5

6.9
6.9
0.0
86.5
117.7
211.1
284.7
450.7
-73.6
298.2
-277.8

13.6
13.6
0.0
89.6
207.8
311.0
464.4
633.5
-153.4
400.9
-450.8

10.1
10.1
0.0
82.8
154.6
247.5
460.9
581.7
-213.4
400.6
-450.8

6.8
6.8
0.0
128.0
197.5
332.3
528.7
634.1
-196.4
412.3
-521.9

5.1
5.1
0.0
214.9
120.6
340.6
426.3
509.0
-85.7
281.4
-421.2

553.7
302.4
18.6
496.6

776.7
503.3
23.2
714.4

908.7
592.0
44.9
903.0

1258.1
889.3
53.8
1136.8

1286.8
876.1
53.4
1208.4

1252.3
809.7
50.7
1150.3

582.4
582.4
0.0
490.9
91.5
535.2
47.8
10.9
36.9
2.5
4.9
0.0

796.2
796.2
0.0
673.6
122.6
721.3
84.7
14.8
69.9
3.5
12.3
0.0

1114.7
1114.7
0.0
976.5
138.2
1022.4
92.8
35.7
57.1
4.7
12.3
0.0

1087.8
1087.8
0.0
1010.1
77.7
1059.1
37.5
53.0
-15.5
4.6
0.0
0.0

1411.7
1411.7
0.0
1269.9
141.8
1328.5
83.6
53.9
29.7
0.0
9.3
0.0

1135.2
1135.2
0.0
1071.0
64.2
1134.5
7.1
66.4
-59.3
0.0
0.0
0.0

46.7
29.5
17.2

156.6
54.1
102.5

9.0
40.1
-31.1

237.2
-20.1
257.3

3.8
20.4
-16.6

44.1
-59.3
103.4

48.1
65.3

77.3
179.8

85.0
53.9

33.7
291.0

73.8
57.2

-8.6
94.8

18.1
86.9
55.9
122.0
7.4
63.2
73.7
453.8
91.9
22.8
1.9
7.4
6.8
5.9
16.5

38.6
74.1
32.8
170.9
9.8
34.5
43.0
213.7
90.6
17.5
1.9
5.0
5.0
5.0
26.5

38.5
67.0
22.2
235.0
6.3
445.6
157.7
218.5
91.7
38.5
3.2
8.9
8.2
2.7
21.2

17.9
53.7
20.2
104.8
-1.4
-8.5
11.6
449.8
97.4
141.3
4.9
13.2
-29.7
0.0
-2.8

15.5
62.9
25.5
110.4
2.5
536.8
129.0
465.4
94.1
64.5
3.8
13.1
0.0
3.1
5.2

11.4
79.9
51.6
79.4
-5.2
-134.5
-9.1
259.9
99.9
935.2
5.8
23.6
0.0
11.0
-9.2

702.0
2.2
6.3
7.5
7.0
6.9
117.3
167.9
32.8
45.4

539.8
4.7
8.8
5.7
5.4
7.7
111.5
-24.0
36.7
21.4

426.0
4.6
5.1
4.6
4.2
8.9
123.4
-19.3
40.0
21.8

0.0
0.0
-1.4
-1.3
-1.6
9.1
95.7
-128.3
-2.4
45.0

319.4
1.6
2.1
2.4
2.4
6.0
116.8
-284.6
29.8
46.5

0.0
0.0
-5.2
-2.4
-2.4
5.8
98.7
-200.0
-19.6
26.0

Atlas Honda Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

333

2004

2005

2006

2007

2008

2009

204.4
1308.1
1512.5
0.0
0.0
415.0
415.0
1927.5

255.5
1836.8
2092.3
0.0
0.0
933.0
933.0
3025.3

357.6
2278.7
2636.3
0.0
0.0
1590.1
1590.1
4226.4

411.3
2540.2
2951.5
0.0
0.0
1109.3
1109.3
4060.8

473.0
2916.4
3389.4
0.0
0.0
697.5
697.5
4086.9

473.0
2831.7
3304.7
0.0
0.0
375.0
375.0
3679.7

751.5
227.1
524.4
668.3
1285.0
2704.8
2182.9
2597.9
521.9
535.0
-1431.4

1842.6
1432.4
410.2
773.7
1567.5
4183.8
3047.4
3980.4
1136.4
1165.0
-1204.8

1026.5
682.1
344.4
1038.2
1937.7
4002.4
3374.6
4964.7
627.8
1977.3
-2348.1

1784.6
919.6
865.0
1079.9
1580.9
4445.4
3951.5
5060.8
493.9
1575.1
-2166.9

1895.4
504.1
1391.3
1555.7
1862.1
5313.2
4603.0
5300.5
710.2
1134.3
-2707.6

1092.2
636.4
455.8
1171.3
1792.0
4055.5
3788.8
4163.8
266.7
765.0
-2696.6

2258.5
1405.6
263.5
4110.4

3154.3
1888.7
422.7
6072.5

5247.9
3598.7
399.1
7601.1

5621.8
3566.9
459.2
8012.3

5867.6
3376.6
459.1
8689.8

6145.3
3412.9
308.9
7468.4

11460.6
11460.6
0.0
10226.4
1234.2
10649.5
861.8
19.3
842.5
192.0
153.3
51.1

16855.2
16855.2
0.0
15511.0
1344.2
16019.7
1007.0
68.1
938.9
383.8
0.0
0.0

20547.2
20547.2
0.0
18917.5
1629.7
19521.6
1198.6
151.6
1047.0
138.0
214.6
53.6

19601.1
19601.1
0.0
18037.3
1563.8
18678.9
1072.9
269.3
803.6
98.0
246.8
61.7

24301.7
24301.7
0.0
22745.2
1556.5
23309.3
1256.3
252.1
1004.2
298.0
307.4
0.0

13747.8
13747.8
0.0
12782.2
965.6
13233.0
604.5
251.8
352.7
104.4
141.9
70.9

700.1
497.2
202.9

1097.8
555.1
542.7

1201.1
694.4
506.7

-165.6
458.8
-624.4

26.1
398.8
-372.7

-407.2
106.4
-513.6

760.7
963.6

977.8
1520.5

1093.5
1600.2

918.0
293.6

857.9
485.2

415.3
-98.3

21.5
123.9
65.0
171.8
20.5
71.0
78.9
740.0
92.9
2.2
0.2
3.6
22.8
0.6
55.7

30.8
137.3
85.9
190.2
15.5
50.6
64.3
818.9
95.0
6.8
0.4
5.8
40.9
0.8
44.9

37.6
118.6
61.2
188.3
13.8
57.8
68.3
737.2
95.0
12.6
0.7
7.7
13.2
1.4
39.7

27.3
112.5
72.5
171.5
10.0
-277.1
312.7
717.6
95.3
25.1
1.4
17.1
12.2
1.4
27.2

17.1
115.4
75.0
156.4
11.6
1528.0
176.8
716.6
95.9
20.1
1.0
22.2
29.7
1.7
29.6

10.2
107.0
59.7
126.0
4.7
-26.1
-422.5
698.7
96.3
41.7
1.8
32.9
29.6
2.3
10.7

424.3
10.1
7.4
41.2
31.8
46.5
278.8
29.6
42.1
74.0

0.0
0.0
5.6
36.7
21.7
30.1
277.6
-10.9
47.1
81.9

423.6
8.1
5.1
29.3
25.4
21.1
270.3
-20.2
21.9
73.7

285.9
8.4
4.1
19.5
17.2
12.8
244.6
-33.4
-4.6
71.8

229.7
9.1
4.1
21.2
14.9
12.9
279.7
8.7
24.0
71.7

175.0
4.3
2.6
7.5
5.2
9.1
184.1
-64.6
-43.4
69.9

Baluchistan Wheels Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

334

2004

2005

2006

2007

2008

2009

116.0
181.7
297.7
0.0
0.0
4.3
4.3
302.0

116.0
284.6
400.6
0.0
0.0
24.5
24.5
425.1

133.3
395.8
529.1
0.0
0.0
47.7
47.7
576.8

133.3
490.5
623.8
0.0
0.0
64.7
64.7
688.5

133.3
569.8
703.1
0.0
0.0
43.9
43.9
747.0

133.3
589.3
722.6
0.0
0.0
27.7
27.7
750.3

96.2
86.3
9.9
193.7
112.4
402.3
240.4
244.7
161.9
155.8
-144.2

35.4
26.7
8.7
153.6
232.1
421.1
164.8
189.3
256.3
50.4
-129.4

100.1
97.7
2.4
170.6
319.4
590.1
251.7
299.4
338.4
63.3
-151.6

71.5
69.0
2.5
223.6
318.3
613.4
278.2
342.9
335.2
95.5
-206.7

129.8
52.2
77.6
205.2
275.4
610.4
238.2
282.1
372.2
64.8
-108.4

30.8
30.5
0.3
186.5
325.8
543.1
203.7
231.4
339.4
35.6
-172.9

517.0
140.2
17.1
542.5

561.8
168.6
19.8
589.7

650.5
238.5
20.7
828.6

793.2
353.2
28.9
966.6

852.9
374.8
1.3
985.2

932.3
411.0
43.4
954.1

615.0
610.7
4.3
492.3
122.7
541.7
76.0
3.4
72.6
22.6
17.4
0.0

908.1
898.3
9.8
722.0
186.1
786.5
157.1
8.4
148.7
53.3
17.4
0.0

1332.2
1324.0
8.2
1028.2
304.0
1105.8
233.3
7.5
225.8
75.3
17.4
17.4

1344.0
1323.1
20.9
1057.5
286.5
1139.5
211.0
14.8
196.2
26.3
26.7
0.0

1434.8
1402.8
32.0
1168.7
266.1
1262.7
181.1
10.8
170.3
54.3
16.7
0.0

1095.9
1050.4
45.5
963.7
132.2
1048.2
71.6
18.5
53.1
7.3
20.0
0.0

31.3
32.6
-1.3

123.1
78.0
45.1

151.7
133.1
18.6

111.7
143.2
-31.5

58.5
99.3
-40.8

3.3
25.8
-22.5

49.7
48.4

97.8
142.9

153.8
172.4

172.1
140.6

100.6
59.8

69.2
46.7

1.4
167.3
120.6
82.2
13.4
104.2
102.7
256.6
88.1
4.5
0.6
2.2
31.1
12.9
24.4

5.8
255.5
114.7
47.3
25.2
63.4
68.4
345.3
86.6
5.3
0.9
16.7
35.8
9.7
37.1

8.3
234.4
107.5
56.6
27.3
87.7
89.2
396.9
83.0
3.2
0.6
11.8
33.3
8.0
42.7

9.4
220.5
106.1
55.0
20.3
128.2
122.4
468.0
84.8
7.0
1.1
15.5
13.4
8.5
31.5

5.9
256.3
140.6
40.1
17.3
169.7
168.2
527.5
88.0
6.0
0.8
16.7
31.9
6.9
24.2

3.7
266.6
106.7
32.0
5.6
781.8
148.2
542.1
95.6
25.8
1.7
52.0
13.7
8.4
7.3

287.4
5.8
11.8
6.3
4.3
11.8
113.4
103.2
47.1
25.7

548.3
4.3
16.4
12.8
8.2
14.1
154.0
103.2
47.7
34.5

864.9
3.3
16.9
16.9
11.3
12.3
160.8
32.0
46.7
39.7

636.3
4.3
14.6
14.7
12.7
12.1
139.0
-13.0
0.9
46.8

694.6
2.4
11.9
12.8
8.7
0.4
145.6
-12.9
6.8
52.7

229.0
2.8
4.8
4.0
3.4
11.6
114.9
-68.8
-23.6
54.2

Bela Automotives Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

335

2004

2005

2006

2007

2008

2009

58.0
60.7
118.7
0.0
0.0
42.6
42.6
161.3

58.0
119.0
177.0
0.0
0.0
47.2
47.2
224.2

58.0
123.2
181.2
0.0
0.0
45.2
45.2
226.4

58.0
124.6
182.6
0.0
0.0
44.4
44.4
227.0

58.0
128.9
186.9
0.0
0.0
47.5
47.5
234.4

58.0
129.4
187.4
0.0
0.0
43.7
43.7
231.1

1.3
1.3
0.0
69.4
20.8
91.5
79.6
122.2
11.9
81.0
-78.3

2.3
2.3
0.0
78.0
21.1
101.4
84.2
131.4
17.2
84.6
-81.9

2.0
2.0
0.0
86.2
23.8
112.0
89.4
134.6
22.6
82.7
-87.4

1.3
1.3
0.0
85.6
26.5
113.4
87.1
131.5
26.3
82.3
-85.8

1.1
1.1
0.0
90.4
30.3
121.8
88.8
136.3
33.0
89.6
-87.7

0.6
0.6
0.0
82.0
50.0
132.6
100.7
144.4
31.9
82.3
-100.1

284.2
149.4
4.5
240.9

348.5
207.1
6.5
308.5

352.0
203.8
6.8
315.8

354.2
200.7
6.6
314.1

361.4
201.3
6.5
323.1

365.0
199.3
6.4
331.9

61.5
61.5
0.0
49.3
12.2
55.7
6.1
0.7
5.4
0.3
0.0
0.0

81.1
81.1
0.0
66.3
14.8
74.4
7.7
0.8
6.9
0.4
0.0
0.0

94.4
94.4
0.0
83.8
10.6
91.9
6.9
1.5
5.4
0.4
0.0
0.0

64.6
64.6
0.0
55.7
8.9
62.5
3.5
1.8
1.7
0.3
0.0
0.0

84.5
84.5
0.0
71.3
13.2
78.1
6.6
2.0
4.6
0.4
0.0
0.0

41.7
41.7
0.0
32.6
9.1
40.3
1.9
1.3
0.6
0.0
0.0
0.0

5.8
5.1
0.7

62.9
6.5
56.4

2.2
5.0
-2.8

0.6
1.4
-0.8

7.4
4.2
3.2

-3.3
0.6
-3.9

9.6
10.3

13.0
69.4

11.8
9.0

8.0
7.2

10.7
13.9

7.0
3.1

26.4
114.9
88.8
102.9
2.2
87.9
93.2
204.7
90.6
11.5
1.1
0.9
5.6
16.9
4.5

21.1
120.4
95.4
74.2
2.2
10.3
18.7
305.2
91.7
10.4
1.0
0.9
5.8
13.8
3.9

20.0
125.3
98.7
74.3
1.7
227.3
131.1
312.4
97.4
21.7
1.6
1.8
7.4
13.8
3.0

19.6
130.2
99.8
72.0
0.5
233.3
111.1
314.8
96.7
51.4
2.8
2.2
17.6
18.6
0.9

20.3
137.2
103.0
72.9
1.4
56.8
77.0
322.2
92.4
30.3
2.4
2.2
8.7
16.3
2.5

18.9
131.7
82.0
77.1
0.2
-18.2
225.8
323.1
96.6
68.4
3.1
1.6
0.0
24.5
0.3

0.0
8.8
0.9
0.9
3.0
25.5
350.0
95.2
20.5

0.0
8.5
1.2
1.1
4.4
26.3
33.3
31.9
30.5

0.0
0.0
5.7
0.9
0.9
3.3
29.9
-25.0
16.4
31.2

0.0
0.0
2.6
0.3
0.2
3.2
20.6
-66.7
-31.6
31.5

0.0
0.0
5.4
0.8
0.7
3.2
26.2
166.7
30.8
32.2

0.0
0.0
1.4
0.1
0.1
3.2
12.6
-87.5
-50.7
32.3

Bolan Castings Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

336

2004

2005

2006

2007

2008

2009

55.3
208.7
264.0
0.0
0.0
0.0
0.0
264.0

55.3
203.3
258.6
0.0
0.0
0.0
0.0
258.6

55.3
282.9
338.2
0.0
0.0
121.2
121.2
459.4

55.3
270.1
325.4
0.0
0.0
84.1
84.1
409.5

60.8
274.2
335.0
0.0
0.0
50.3
50.3
385.3

79.0
304.6
383.6
0.0
0.0
14.1
14.1
397.7

31.4
22.9
8.5
114.1
100.4
245.9
69.1
69.1
176.8
0.0
-37.7

31.4
22.9
8.5
114.1
100.4
245.9
74.6
74.6
171.3
0.0
-43.2

53.9
37.2
16.7
175.3
125.3
354.5
98.7
219.9
255.8
164.7
-44.8

37.2
18.2
19.0
216.5
206.7
460.4
306.1
390.2
154.3
292.3
-268.9

6.1
6.1
0.0
391.0
157.7
554.8
421.7
472.0
133.1
360.7
-415.6

23.8
15.7
8.1
478.0
149.5
651.3
495.1
509.2
156.2
340.2
-471.3

348.0
87.2
11.2
333.1

348.0
87.2
11.2
333.1

484.8
203.4
11.9
557.9

551.6
255.2
17.7
715.6

575.1
252.2
27.4
807.0

587.9
241.4
27.7
892.7

636.7
636.7
0.0
531.4
105.3
554.3
83.9
0.6
83.3
29.7
27.6
0.0

636.7
636.7
0.0
531.4
105.3
554.3
83.9
0.6
83.3
29.7
27.6
0.0

977.1
977.1
0.0
874.8
102.3
897.8
81.7
8.7
73.0
25.5
0.0
0.0

1079.7
1079.7
0.0
991.1
88.6
1018.4
64.3
24.4
39.9
4.4
0.0
5.5

1310.9
1307.3
3.6
1196.9
114.0
1249.4
67.4
32.9
34.5
5.7
0.0
6.1

1604.6
1604.6
0.0
1440.4
164.2
1513.8
109.8
56.8
53.0
2.3
0.0
15.8

39.3
26.0
13.3

-5.4
26.0
-31.4

200.8
47.5
153.3

-49.9
35.5
-85.4

-24.2
28.8
-53.0

12.4
50.7
-38.3

37.2
50.5

37.2
5.8

59.4
212.7

53.2
-32.2

56.2
3.2

78.4
40.1

0.0
355.9
210.6
26.2
25.0
66.2
73.7
477.4
87.1
0.7
0.1
35.7
8.1
31.6

0.0
329.6
195.0
28.8
25.0
641.4
467.6
87.1
0.7
0.1
35.7
8.1
32.2

26.4
359.2
232.2
65.0
13.1
23.7
27.9
611.6
91.9
10.6
0.9
5.3
34.9
7.3
21.6

20.5
150.4
82.9
119.9
5.6
-71.1
-165.2
588.4
94.3
37.9
2.3
8.3
11.0
9.4
12.3

13.1
131.6
94.2
140.9
4.3
-119.0
1756.3
551.0
95.3
48.8
2.5
9.1
16.5
14.8
10.3

3.5
131.5
101.4
132.7
5.9
408.9
195.5
485.6
94.3
51.7
3.5
16.7
4.3
17.4
13.8

194.2
10.5
13.1
15.1
9.7
12.2
191.1
-7.9
51.9
47.7

194.2
10.7
13.1
15.1
9.7
12.2
191.1
0.0
0.0
46.8

0.0
0.0
7.5
13.2
8.6
12.8
175.1
-12.6
53.5
61.2

0.0
0.0
3.7
7.2
6.4
8.7
150.9
-45.5
10.5
58.8

0.0
0.0
2.6
5.7
4.7
10.7
162.4
-20.8
21.4
55.1

0.0
0.0
3.3
6.7
6.4
11.0
179.7
17.5
22.4
48.6

Crescent Steel & Allied Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

337

2004

2005

2006

2007

2008

2009

220.9
1295.6
1516.5
0.0
296.0
30.6
326.6
1843.1

243.0
1585.2
1828.2
0.0
221.9
14.3
236.2
2064.4

350.0
1686.6
2036.6
0.0
147.8
400.6
548.4
2585.0

466.6
2733.3
3199.9
0.0
73.7
280.4
354.1
3554.0

513.3
2480.1
2993.4
0.0
0.0
168.1
168.1
3161.5

564.6
1980.4
2545.0
0.0
0.0
55.9
55.9
2600.9

1241.2
18.0
1223.2
275.9
240.5
1757.6
382.2
708.8
1375.4
482.8
859.0

1522.9
53.1
1469.8
373.0
194.3
2090.2
467.7
703.9
1622.5
469.7
1055.2

1328.4
15.8
1312.6
577.2
468.5
2374.1
1128.7
1677.1
1245.4
1425.3
199.7

2337.5
37.0
2300.5
418.0
633.5
3389.0
1141.7
1495.8
2247.3
974.4
1195.8

2745.3
8.2
2737.1
261.5
606.1
3612.9
1684.6
1852.7
1928.3
1474.5
1060.7

1823.8
4.1
1819.7
444.0
616.4
2884.2
1508.0
1563.9
1376.2
1071.2
315.8

1041.2
467.8
82.4
2225.4

1089.5
441.8
82.6
2532.0

2074.4
1339.6
97.4
3713.7

2204.7
1306.6
172.6
4695.6

2296.3
1233.2
172.3
4846.1

2462.5
1224.6
1.7
4108.8

1543.9
1543.9
0.0
1374.4
169.5
1497.1
347.2
20.4
326.8
18.5
77.3
19.8

3080.2
3080.2
0.0
2708.3
371.9
2886.6
464.8
43.9
420.9
88.9
48.6
22.1

1859.3
1859.3
0.0
1718.9
140.4
1859.4
345.4
82.9
262.5
4.1
0.0
48.6

3184.8
3184.8
0.0
2674.3
510.5
2946.5
855.8
128.5
727.3
4.1
140.0
46.7

4638.2
4638.2
0.0
3741.8
896.4
4002.5
779.7
153.0
626.7
164.0
154.0
51.3

3310.9
3310.9
0.0
2597.2
713.7
3255.0
98.6
203.6
-105.0
172.8
0.0
0.0

644.1
231.0
413.1

221.3
283.4
-62.1

520.6
258.4
262.2

969.0
583.2
385.8

-392.5
308.7
-701.2

-560.6
-277.8
-282.8

313.4
726.5

366.0
303.9

355.8
618.0

755.8
1141.6

481.0
-220.2

-276.1
-558.9

17.7
459.9
396.9
46.7
14.7
35.9
43.1
686.5
97.0
5.9
1.3
4.2
5.7
2.3
21.5

11.4
446.9
405.4
38.5
16.6
128.1
120.4
752.3
93.7
9.4
1.4
9.3
21.1
4.3
23.0

21.2
210.3
168.8
82.3
7.1
49.6
57.6
581.9
100.0
24.0
4.5
5.8
1.6
4.0
12.9

10.0
296.8
241.4
46.7
15.5
60.2
66.2
685.8
92.5
15.0
4.0
13.2
0.6
5.7
22.7

5.3
214.5
178.5
61.9
12.9
-78.6
-218.4
583.2
86.3
19.6
3.3
10.4
26.2
2.6
20.9

2.1
191.3
150.4
61.4
-2.6
49.6
49.4
450.8
98.3
206.5
6.1
19.0
-164.6
2.5
-4.1

398.8
5.1
21.2
14.8
14.0
20.1
69.4
-22.1
-11.2
68.7

683.1
2.7
13.7
17.3
13.7
17.7
121.7
16.9
99.5
75.2

0.0
0.0
14.1
7.5
7.4
22.0
50.1
-56.6
-39.6
58.2

516.6
4.4
22.8
15.6
15.5
12.5
67.8
108.0
71.3
68.6

300.5
5.1
13.5
12.2
9.0
13.2
95.7
-21.8
45.6
58.3

0.0
0.0
-3.2
-1.9
-4.9
0.1
80.6
-115.6
-28.6
45.1

Dadex Eternit Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

338

2004

2005

2006

2007

2008

2009

107.6
332.1
439.7
0.0
0.0
12.3
12.3
452.0

107.6
385.4
493.0
0.0
0.0
40.9
40.9
533.9

107.6
361.2
468.8
0.0
0.0
17.1
17.1
485.9

107.6
384.6
492.2
0.0
0.0
0.0
0.0
492.2

107.6
411.2
518.8
0.0
0.0
120.0
120.0
638.8

107.6
385.1
492.7
0.0
0.0
60.0
60.0
552.7

374.0
368.7
5.3
179.9
361.2
915.1
731.1
743.4
184.0
463.4
-357.1

65.6
59.8
5.8
281.3
586.8
933.7
697.9
738.8
235.8
420.3
-632.3

7.6
2.3
5.3
324.8
815.8
1148.2
1006.3
1023.4
141.9
623.4
-998.7

11.2
9.9
1.3
254.0
734.9
1000.1
938.3
938.3
61.8
491.9
-927.1

147.7
46.6
101.1
309.9
776.3
1233.9
1055.9
1175.9
178.0
491.6
-908.2

17.1
0.9
16.2
271.2
875.2
1163.5
1011.9
1071.9
151.6
592.2
-994.8

693.1
268.1
66.1
1183.2

817.4
298.0
88.0
1231.7

906.3
344.0
43.9
1492.2

1034.9
430.4
48.7
1430.5

611.7
460.7
72.2
1694.6

1117.1
401.1
68.5
1564.6

1141.5
1121.1
20.4
896.0
245.5
1076.2
73.9
4.1
69.8
43.0
32.3
0.0

1527.6
1500.5
27.1
1223.8
303.8
1437.4
104.5
18.3
86.2
26.2
32.3
0.0

1550.5
1526.2
24.3
1255.7
294.8
1515.8
59.6
48.1
11.5
13.0
18.8
0.0

1966.1
1940.7
25.4
1570.4
395.7
1866.9
116.8
66.9
49.9
11.3
32.3
0.0

2332.9
2306.6
26.3
1859.9
473.0
2197.1
175.8
95.8
80.0
10.0
43.1
0.0

2189.9
2132.5
57.4
1675.3
514.6
2094.6
125.0
104.8
20.2
7.2
0.0
0.0

18.4
-5.5
23.9

81.9
27.7
54.2

-48.0
-20.3
-27.7

6.3
6.3
0.0

146.6
26.9
119.7

-86.1
13.0
-99.1

60.6
84.5

115.7
169.9

23.6
-4.1

55.0
55.0

99.1
218.8

81.5
-17.6

2.7
125.2
75.8
169.1
5.9
-29.9
71.7
408.6
94.3
5.5
0.4
0.9
61.6
7.6
15.9

7.7
133.8
49.7
149.9
7.0
33.8
68.1
458.2
94.1
17.5
1.2
4.4
30.4
11.5
17.5

3.5
114.1
33.0
218.3
0.8
42.3
-575.6
435.7
97.8
80.7
3.1
7.7
113.0
11.5
2.5

0.0
106.6
28.3
190.6
3.5
100.0
100.0
457.4
95.0
57.3
3.4
13.6
22.6
6.4
10.1

18.8
116.9
43.3
226.7
4.7
18.3
45.3
482.2
94.2
54.5
4.1
19.5
12.5
5.4
15.4

10.9
115.0
28.5
217.6
1.3
-15.1
-463.1
457.9
95.6
83.8
4.8
17.7
35.6
5.2
4.1

83.0
7.3
6.1
6.5
2.5
32.0
96.5
18.2
34.7
40.9

185.8
6.6
5.6
8.0
5.6
32.8
124.0
23.1
33.8
45.8

-8.0
4.0
0.7
1.1
-0.1
14.7
103.9
-86.3
1.5
43.6

119.5
6.6
2.5
4.6
3.6
14.2
137.4
318.2
26.8
45.7

162.4
8.3
3.4
7.4
6.5
16.8
137.7
60.9
18.7
48.2

0.0
0.0
0.9
1.9
1.2
15.5
140.0
-74.3
-6.1
45.8

Dewan Automotive Engineering Ltd. (Allied Motors Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

339

(Million Rupees)
2004

2005

2006

2007

2008

2009

90.0
-96.7
-6.7
0.0
0.0
123.0
123.0
116.3

90.0
-146.5
-56.5
0.0
0.0
0.0
0.0
-56.5

90.0
-252.2
-162.2
0.0
0.0
0.0
0.0
-162.2

214.0
-528.1
-314.1
0.0
0.0
43.2
43.2
-270.9

214.0
-716.6
-502.6
0.0
0.0
21.3
21.3
-481.3

214.0
-1297.1
-1083.1
0.0
0.0
0.0
0.0
-1083.1

3.8
3.8
0.0
22.6
62.8
89.2
64.7
187.7
24.5
123.0
-60.9

0.9
0.9
0.0
32.8
81.9
115.6
277.9
277.9
-162.3
0.0
-277.0

31.0
31.0
0.0
91.3
212.7
335.0
615.4
615.4
-280.4
0.0
-584.4

87.7
47.7
40.0
775.8
414.8
1278.3
2183.2
2226.4
-904.9
70.0
-2095.5

41.7
41.7
0.0
660.2
283.6
985.5
2442.1
2463.4
-1456.6
348.0
-2400.4

108.9
6.0
102.9
208.4
242.6
559.9
2247.6
2247.6
-1687.7
97.8
-2138.7

164.9
91.8
9.2
181.0

188.4
105.8
9.5
221.4

188.4
118.2
12.6
453.2

870.0
634.1
63.0
1912.4

1046.5
975.3
61.4
1960.8

714.5
604.6
66.4
1164.5

32.2
32.2
0.0
48.7
-16.5
65.4
-32.6
5.7
-38.3
0.0
0.0
0.0

14.6
14.6
0.0
30.9
-16.3
52.2
-36.8
6.4
-43.2
0.1
0.0
0.0

131.1
131.1
0.0
184.0
-52.9
219.2
-87.6
8.4
-96.0
0.7
0.0
0.0

682.7
682.7
0.0
746.6
-63.9
890.5
-202.7
133.9
-336.6
3.2
0.0
0.0

628.7
628.7
0.0
682.2
-53.5
810.8
-185.9
120.1
-306.0
2.8
0.0
0.0

284.0
284.0
0.0
294.1
-10.1
728.1
-443.9
149.3
-593.2
0.0
0.0
0.0

24.0
-38.3
62.3

-172.8
-43.3
-129.5

-105.7
-96.7
-9.0

-108.7
-339.8
231.1

-210.4
-308.8
98.4

-601.8
-593.2
-8.6

-29.1
33.2

-33.8
-163.3

-84.1
-93.1

-276.8
-45.7

-247.4
-149.0

-526.8
-535.4

105.8
137.9
40.8
-21.2
-159.6
-87.7
-7.4
203.1
17.7
4.6
7.8
-

41.6
12.1
-19.5
-62.8
357.5
43.8
25.3
-

0.0
54.4
19.9
0.0
-21.2
91.5
90.3
-180.2
167.2
-9.6
6.4
0.0
-0.7
1.9
0.0

0.0
58.6
39.6
0.0
-17.6
312.6
605.7
-146.8
130.4
-66.1
19.6
191.3
-1.0
3.2
0.0

0.0
40.4
28.7
0.0
-15.6
146.8
166.0
-234.9
129.0
-64.6
19.1
34.5
-0.9
2.1
0.0

0.0
24.9
14.1
0.0
-50.9
98.6
98.4
-506.1
256.4
-33.6
52.6
152.7
0.0
8.7
0.0

-118.9
-4.3
-4.3
9.6
17.8
4.9
17.1
-0.7

-295.9
-4.8
-4.8
10.3
6.6
11.6
-54.7
-6.3

0.0
0.0
-73.2
-10.7
-10.7
11.9
28.9
122.9
797.9
-18.0

0.0
0.0
-49.3
-15.7
-15.9
9.2
35.7
46.7
420.7
-14.7

0.0
0.0
-48.7
-14.3
-14.4
9.7
32.1
-8.9
-7.9
-23.5

0.0
0.0
-208.9
-27.7
-27.7
6.8
24.4
93.7
-54.8
-50.6

Dewan Farooque Motors Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

340

2004

2005

2006

2007

2008

2009

734.0
270.5
1004.5
0.0
0.0
150.0
150.0
1154.5

770.7
539.0
1309.7
0.0
0.0
566.7
566.7
1876.4

770.7
871.3
1642.0
0.0
0.0
706.4
706.4
2348.4

770.7
913.0
1683.7
0.0
0.0
367.5
367.5
2051.2

770.7
289.3
1060.0
0.0
0.0
701.4
701.4
1761.4

889.7
-1361.1
-471.4
0.0
0.0
673.7
673.7
202.3

152.0
152.0
0.0
1066.7
1930.8
3149.5
3948.3
4098.3
-798.8
2108.9
-3796.3

146.1
146.1
0.0
2298.5
1837.3
4281.9
4435.8
5002.5
-153.9
2382.0
-4289.7

853.7
148.2
705.5
1963.2
2519.2
5336.1
5356.1
6062.5
-20.0
3690.8
-4502.4

862.6
87.9
774.7
2106.1
1567.6
4536.3
4836.0
5203.5
-299.7
2577.1
-3973.4

90.6
90.6
0.0
2352.1
1234.2
3676.9
4091.2
4792.6
-414.3
2992.2
-4000.6

224.5
101.7
122.8
1534.5
746.8
2505.8
4294.6
4968.3
-1788.8
3164.4
-4070.1

2498.2
1953.4
156.6
5102.9

2734.8
2030.2
159.7
6312.1

3184.4
2368.5
172.7
7704.6

3357.4
2350.8
194.6
6887.1

3378.2
2175.7
200.4
5852.6

3369.1
1991.2
181.7
4497.0

7685.8
7685.8
0.0
6980.0
705.8
7279.6
407.3
76.6
330.7
32.9
73.4
36.7

10294.2
10294.2
0.0
9241.2
1053.0
9647.1
648.5
137.2
511.3
43.9
73.4
0.0

10636.1
10636.1
0.0
9535.6
1100.5
10028.5
608.6
291.6
317.0
117.4
115.6
0.0

8576.8
8576.8
0.0
7710.3
866.5
8121.2
481.2
382.0
99.2
36.2
0.0
0.0

6327.6
6327.6
0.0
6174.6
153.0
6607.0
-262.4
316.4
-578.8
27.3
0.0
0.0

1557.0
1557.0
0.0
2382.1
-825.1
2973.2
-1404.3
105.7
-1510.0
0.0
0.0
0.0

-126.3
224.4
-350.7

721.9
394.0
327.9

472.0
84.0
388.0

-297.2
63.0
-360.2

-289.8
-606.1
316.3

-1559.1
-1510.0
-49.1

381.0
30.3

553.7
881.6

256.7
644.7

257.6
-102.6

-405.7
-89.4

-1328.3
-1377.4

13.0
79.8
30.9
408.0
6.5
1257.4
136.9
94.7
18.8
1.0
3.6
9.9
3.1
32.9

30.2
96.5
55.1
382.0
8.1
54.6
62.8
169.9
93.7
21.2
1.3
5.8
8.6
2.3
39.0

30.1
99.6
52.6
369.2
4.1
17.8
39.8
213.1
94.3
47.9
2.7
7.9
37.0
7.0
19.3

17.9
93.8
61.4
309.1
1.4
-21.2
-251.1
218.5
94.7
79.4
4.5
14.8
36.5
11.0
5.9

39.8
89.9
59.7
452.1
-9.9
209.1
453.8
137.5
104.4
-120.6
5.0
10.6
-4.7
4.7
-54.6

333.0
58.3
41.0
0.0
-33.6
96.9
96.4
-53.0
191.0
-7.5
6.8
3.3
0.0
1.9
0.0

405.7
7.3
4.3
4.5
4.1
8.3
150.6
60.7
38.9
13.7

636.8
5.6
5.0
6.6
6.1
8.2
163.1
46.7
33.9
17.0

172.7
7.0
3.0
4.1
2.6
8.5
138.0
-37.9
3.3
21.3

0.0
0.0
1.2
1.3
0.8
8.2
124.5
-68.3
-19.4
21.8

0.0
0.0
-9.1
-7.5
-7.9
8.5
108.1
-676.9
-26.2
13.8

0.0
0.0
-97.0
-17.0
-17.0
8.4
34.6
126.7
-75.4
-5.3

Dost Steels Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

341

2005

2006

2007

2008

2009

674.6
-52.9
621.7
0.0
0.0
386.3
386.3
1008.0

0.2
0.2
0.0
36.6
0.0
36.8
1040.4
1426.7
-1003.6
931.3
-1040.2

2017.3
2011.7
1.8
2048.5

0.0
0.0
0.0
0.0
0.0
13.0
-12.8
0.0
-12.8
0.0
0.0
0.0

-12.8
-

-11.0
-

38.3
3.5
3.5
229.5
-0.6
0.0
0.0
92.2
0.0
0.0
0.0
0.0
0.0
0.0
-2.1

0.0
0.0
0.0
-0.2
-0.2
0.1
0.0
-120.0
9.2

Exide Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

342

2004

2005

2006

2007

2008

2009

54.1
294.2
348.3
0.0
0.0
80.0
80.0
428.3

54.1
348.0
402.1
0.0
0.0
64.0
64.0
466.1

54.1
617.0
671.1
0.0
0.0
80.0
80.0
751.1

54.1
695.1
749.2
0.0
0.0
60.0
60.0
809.2

54.1
824.9
879.0
0.0
0.0
100.0
100.0
979.0

54.1
671.9
726.0
0.0
0.0
20.0
20.0
746.0

101.4
75.9
25.5
119.8
232.0
453.2
329.3
409.3
123.9
292.0
-227.9

79.5
54.0
25.5
133.0
353.7
566.2
398.9
462.9
167.3
302.2
-319.4

90.2
64.7
25.5
146.2
410.5
646.9
402.1
482.1
244.8
281.1
-311.9

93.4
60.9
32.5
151.3
556.1
800.8
494.1
554.1
306.7
370.5
-400.7

121.2
121.0
0.2
304.2
1014.5
1439.9
1060.7
1160.7
379.2
645.2
-939.5

234.9
234.7
0.2
270.1
859.9
1364.9
1290.6
1310.6
74.3
534.7
-1055.7

314.5
304.5
16.9
757.7

429.2
298.7
25.7
864.9

637.9
506.2
29.2
1153.1

667.3
502.4
35.4
1303.2

917.8
599.7
40.2
2039.6

1058.5
671.7
72.0
2036.6

1491.1
1491.1
0.0
1245.4
245.7
1387.8
117.1
16.2
100.9
37.8
16.2
0.0

1888.2
1888.2
0.0
1619.2
269.0
1774.1
118.2
21.4
96.8
21.2
16.2
0.0

1853.6
1853.6
0.0
1591.3
262.3
1728.2
129.1
31.7
97.4
41.4
8.1
0.0

2807.8
2807.8
0.0
2442.2
365.6
2632.4
180.1
41.3
138.8
52.5
13.5
0.0

3022.3
3022.3
0.0
2661.0
361.3
2843.6
192.3
49.1
143.2
41.8
16.2
0.0

5630.4
5630.4
0.0
5009.8
620.6
5369.8
264.6
82.5
182.1
64.3
27.0
0.0

122.6
46.9
75.7

37.8
59.4
-21.6

285.0
47.9
237.1

58.1
72.8
-14.7

169.8
85.2
84.6

-233.0
90.8
-323.8

63.8
139.5

85.1
63.5

77.1
314.2

108.2
93.5

125.4
210.0

162.8
-161.0

18.7
137.6
67.2
117.5
13.3
38.3
45.7
643.8
93.1
13.8
1.1
5.5
37.5
4.7
29.0

13.7
141.9
53.3
115.1
11.2
157.1
134.0
743.3
94.0
18.1
1.1
7.1
21.9
4.8
24.1

10.7
160.9
58.8
71.8
8.4
16.8
24.5
1240.5
93.2
24.6
1.7
11.3
42.5
5.6
14.5

7.4
162.1
49.5
74.0
10.7
125.3
115.7
1384.8
93.8
22.9
1.5
11.1
37.8
3.1
18.5

10.2
135.7
40.1
132.0
7.0
50.2
59.7
1624.8
94.1
25.5
1.6
7.6
29.2
5.6
16.3

2.7
105.8
39.1
180.5
8.9
-39.0
-101.1
1342.0
95.4
31.2
1.5
15.4
35.3
2.9
25.1

389.5
4.7
6.8
18.7
11.7
11.6
196.8
94.8
26.2
64.4

466.7
4.0
5.1
17.9
14.0
8.4
218.3
-4.3
26.6
74.3

691.4
1.2
5.3
18.0
10.4
9.8
160.7
0.6
-1.8
124.0

639.3
1.8
4.9
25.7
16.0
7.0
215.5
42.8
51.5
138.5

625.9
1.8
4.7
26.5
18.7
8.0
148.2
3.1
7.6
162.5

436.3
3.7
3.2
33.7
21.8
12.0
276.5
27.2
86.3
134.2

General Tyre & Rubber Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

343

2004

2005

2006

2007

2008

2009

597.7
587.2
1184.9
0.0
0.0
153.1
153.1
1338.0

597.7
804.1
1401.8
0.0
0.0
389.8
389.8
1791.6

597.7
848.6
1446.3
0.0
0.0
466.8
466.8
1913.1

597.7
640.7
1238.4
0.0
0.0
499.0
499.0
1737.4

597.7
624.4
1222.1
0.0
0.0
352.6
352.6
1574.7

597.7
514.6
1112.3
0.0
0.0
321.3
321.3
1433.6

46.0
44.8
1.2
730.7
655.2
1431.9
632.9
786.0
799.0
190.1
-586.9

82.1
79.6
2.5
721.1
880.2
1683.4
910.9
1300.7
772.5
653.7
-828.8

79.0
79.0
0.0
845.0
1012.7
1936.7
1479.7
1946.5
457.0
1098.3
-1400.7

78.4
78.4
0.0
908.2
907.2
1893.8
1778.6
2277.6
115.2
1388.1
-1700.2

100.6
100.6
0.0
1148.9
1051.8
2301.3
2434.5
2787.1
-133.2
1825.6
-2333.9

146.3
146.3
0.0
1200.0
725.7
2072.0
2532.6
2853.9
-460.6
905.5
-2386.3

1027.9
539.0
62.4
1970.9

2077.1
1019.3
73.4
2702.7

2617.1
1456.3
107.3
3393.0

2871.9
1622.2
116.5
3516.0

3104.1
1707.8
155.2
4009.1

3396.8
1894.2
126.6
3966.2

3266.7
3266.7
0.0
2640.1
626.6
2906.1
385.0
7.6
377.4
151.0
0.0
0.0

3697.7
3697.7
0.0
3114.2
583.5
3378.6
346.8
17.1
329.7
59.6
0.0
0.0

4323.1
4323.1
0.0
3801.6
521.5
4055.1
297.1
87.0
210.1
57.5
104.6
0.0

4605.7
4605.7
0.0
4137.8
467.9
4405.5
231.3
125.4
105.9
30.3
119.5
0.0

5422.3
5422.3
0.0
4912.0
510.3
5293.7
190.4
183.1
7.3
23.4
0.0
0.0

5349.5
5349.5
0.0
4747.5
602.0
5235.2
158.6
300.8
-142.2
2.9
0.0
0.0

428.0
226.4
201.6

453.6
270.1
183.5

121.5
48.0
73.5

-175.7
-43.9
-131.8

-162.7
-16.1
-146.6

-141.1
-145.1
4.0

288.8
490.4

343.5
527.0

155.3
228.8

72.6
-59.2

139.1
-7.5

-18.5
-14.5

11.4
226.2
122.7
66.3
19.1
52.9
58.9
198.2
89.0
2.0
0.2
4.0
40.0
10.7
31.9

21.8
184.8
88.2
92.8
12.2
59.5
65.2
234.5
91.4
4.9
0.5
2.6
18.1
8.7
23.5

24.4
130.9
62.4
134.6
6.2
39.5
67.9
242.0
93.8
29.3
2.0
7.9
27.4
9.5
14.5

28.7
106.5
55.5
183.9
3.0
25.0
-122.6
207.2
95.7
54.2
2.7
9.0
28.6
10.2
8.6

22.4
94.5
51.3
228.1
0.2
9.9
-1854.7
204.5
97.6
96.2
3.4
10.0
320.5
11.8
0.6

22.4
81.8
53.2
256.6
-3.6
102.8
127.6
186.1
97.9
189.7
5.6
33.2
-2.0
12.7
-12.8

0.0
11.6
6.3
3.8
15.4
165.7
12.5
25.4
19.8

0.0
8.9
5.5
4.5
13.6
136.8
-12.7
13.2
23.5

145.9
7.2
4.9
3.5
2.6
10.5
127.4
-36.4
16.9
24.2

63.3
9.6
2.3
1.8
1.3
8.0
131.0
-48.6
6.5
20.7

0.0
0.0
0.1
0.1
-0.3
9.6
135.2
-94.4
17.7
20.4

0.0
0.0
-2.7
-2.4
-2.4
7.4
134.9
-2500.0
-1.3
18.6

Ghandhara Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

344

2004

2005

2006

2007

2008

2009

65.6
-485.8
-420.2
0.0
0.0
0.0
0.0
-420.2

65.6
-290.8
-225.2
0.0
0.0
0.0
0.0
-225.2

65.6
1064.4
1130.0
0.0
0.0
0.0
0.0
1130.0

213.0
1063.2
1276.2
0.0
0.0
15.2
15.2
1291.4

213.0
1082.0
1295.0
0.0
0.0
8.2
8.2
1303.2

213.0
943.9
1156.9
0.0
0.0
2.5
2.5
1159.4

343.8
5.3
338.5
139.1
335.3
818.2
1526.6
1526.6
-708.4
315.2
-1182.8

95.6
2.2
93.4
86.5
370.5
552.6
1008.2
1008.2
-455.6
163.4
-912.6

355.5
262.4
93.1
138.6
695.7
1189.8
1092.9
1092.9
96.9
318.9
-737.4

129.9
128.5
1.4
387.1
649.3
1166.3
994.8
1010.0
171.5
103.8
-864.9

114.1
22.9
91.2
531.2
468.1
1113.4
839.0
847.2
274.4
106.5
-724.9

113.8
21.5
92.3
416.8
373.9
904.5
764.1
766.6
140.4
336.2
-650.3

405.2
288.3
7.2
1106.5

351.7
230.4
8.5
783.0

1115.0
1033.1
15.8
2222.9

1238.5
1120.1
32.1
2286.4

1159.5
1028.8
5.2
2142.2

1164.1
1019.0
15.3
1923.5

644.1
641.1
3.0
573.5
70.6
599.4
70.4
20.0
50.4
3.2
0.0
0.0

1166.8
1166.8
0.0
1078.0
88.8
1163.4
4.9
8.9
-4.0
5.1
0.0
0.0

1714.7
1714.7
0.0
1489.0
225.7
1541.7
576.8
18.6
558.2
34.3
19.7
0.0

1921.9
1921.9
0.0
1616.7
305.2
1712.3
227.9
26.7
201.2
78.6
0.0
0.0

1870.0
1870.0
0.0
1727.0
143.0
1824.0
57.5
28.1
29.4
13.1
0.0
0.0

1313.8
1313.8
0.0
1184.5
129.3
1385.4
-56.9
83.5
-140.4
0.0
0.0
0.0

69.1
47.2
21.9

195.0
-9.1
204.1

1355.2
504.2
851.0

161.4
122.6
38.8

11.8
16.3
-4.5

-143.8
-140.4
-3.4

54.4
76.3

-0.6
203.5

520.0
1371.0

154.7
193.5

21.5
17.0

-125.1
-128.5

53.6
31.6
4.6
68.3
71.3
-640.5
93.1
28.4
3.1
6.3
6.3
11.7
-

54.8
18.1
-0.5
-4.7
-0.3
-343.3
99.7
181.6
0.8
5.4
2.8
-

0.0
108.9
45.2
96.7
25.1
37.2
37.9
1722.6
89.9
3.2
1.1
5.8
6.1
0.3
49.4

1.2
117.2
52.0
79.1
8.8
76.0
79.9
599.2
89.1
11.7
1.4
25.7
39.1
4.3
15.8

0.6
132.7
76.9
65.4
1.4
138.1
126.5
608.0
97.5
48.9
1.5
26.4
44.6
3.0
2.3

0.2
118.4
69.4
66.3
-7.3
97.6
97.4
543.1
105.4
-146.7
6.4
24.8
0.0
7.9
-12.1

2659.4
1.7
-0.3
32.6
-0.6
85.1
-1.4
79.9
2.9
6.9
149.0
77.1
-107.8 -14283.3
81.2
47.0
-34.3
172.3

0.0
0.0
10.5
9.4
5.8
2.9
84.1
-89.0
12.1
59.9

0.0
0.0
1.6
1.4
0.8
0.5
87.3
-85.1
-2.7
60.8

0.0
0.0
-10.7
-6.6
-6.6
1.5
68.3
-571.4
-29.7
54.3

7.8
7.7
7.2
2.5
58.2
42.6
148.9
-64.1

Ghandhara Nissan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

345

2004

2005

2006

2007

2008

2009

450.0
53.1
503.1
0.0
0.0
502.8
502.8
1005.9

450.0
339.6
789.6
0.0
0.0
522.0
522.0
1311.6

450.0
407.7
857.7
0.0
0.0
329.7
329.7
1187.4

450.0
569.9
1019.9
0.0
0.0
117.8
117.8
1137.7

450.0
1015.8
1465.8
0.0
0.0
0.0
0.0
1465.8

450.0
1252.4
1702.4
0.0
0.0
2.0
2.0
1704.4

70.2
69.1
1.1
160.4
483.1
713.7
709.8
1212.6
3.9
638.2
-639.6

41.2
41.2
0.0
269.6
1323.1
1633.9
1347.2
1869.2
286.7
808.5
-1306.0

36.6
36.6
0.0
499.3
1346.0
1881.9
1672.9
2002.6
209.0
1059.4
-1636.3

72.2
49.0
23.2
601.3
772.8
1446.3
1260.5
1378.3
185.8
536.2
-1188.3

514.5
207.0
307.5
874.7
789.7
2178.9
1635.2
1635.2
543.7
148.4
-1120.7

315.2
36.3
278.9
488.1
1053.7
1857.0
1687.4
1689.4
169.6
1022.0
-1372.2

0.0
1002.0
0.0
1715.7

1210.8
1025.0
96.0
2658.9

1263.7
978.5
99.4
2860.4

1330.5
951.9
96.3
2398.2

1393.6
922.2
95.2
3101.1

1402.1
1534.9
89.4
3391.9

1187.0
1187.0
0.0
1056.5
130.5
1101.7
177.0
70.4
106.6
6.2
0.0
0.0

4072.5
4072.5
0.0
3690.9
381.6
3790.5
309.5
34.6
274.9
37.5
0.0
0.0

5185.3
5185.3
0.0
4565.1
620.2
4713.8
491.9
101.1
390.8
134.0
56.3
0.0

3019.1
3019.1
0.0
2522.4
496.7
2684.7
399.9
113.9
286.0
105.5
0.0
0.0

3924.6
3924.6
0.0
3402.8
521.8
3580.8
415.3
135.5
279.8
101.7
0.0
0.0

2054.0
2054.0
0.0
2048.6
5.4
2229.2
-139.5
345.0
-484.5
0.0
0.0
0.0

1359.6
100.4
1259.2

305.7
237.4
68.3

-124.2
200.5
-324.7

-49.7
180.5
-230.2

328.1
178.1
150.0

238.6
-484.5
723.1

100.4
1359.6

333.4
401.7

299.9
-24.8

276.8
46.6

273.3
423.3

-395.1
328.0

50.0
100.5
32.5
241.0
6.2
7.4
7.4
111.8
92.8
39.8
5.9
11.0
5.8
0.2
21.2

39.8
121.3
23.1
236.7
10.3
77.7
83.0
175.5
93.1
11.2
0.8
4.3
13.6
1.1
34.8

27.8
112.5
32.0
233.5
13.7
-161.4
-1209.3
190.6
90.9
20.6
1.9
9.5
34.3
6.6
45.6

10.4
114.7
53.4
135.1
11.9
-363.2
594.0
226.6
88.9
28.5
3.8
21.2
36.9
0.0
28.0

0.0
133.2
85.0
111.6
9.0
54.3
64.6
325.7
91.2
32.6
3.5
91.3
36.3
13.3
19.1

0.1
110.1
47.6
99.2
-14.3
-203.1
-120.5
378.3
108.5
-247.3
16.8
33.8
0.0
13.8
-28.5

0.0
9.0
2.4
2.2
0.0
69.2
-87.8
1118.7
11.2

0.0
6.8
6.1
5.3
9.6
153.2
154.2
243.1
17.5

456.1
6.6
7.5
8.7
5.7
9.7
181.3
42.6
27.3
19.1

0.0
0.0
9.5
6.4
4.0
9.8
125.9
-26.4
-41.8
22.7

0.0
0.0
7.1
6.2
4.0
10.0
126.6
-3.1
30.0
32.6

0.0
0.0
-23.6
-10.8
-10.8
9.7
60.6
-274.2
-47.7
37.8

Ghani Automobiles Industries Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

346

2005

2006

2007

2008

2009

100.0
-32.0
68.0
0.0
0.0
0.0
0.0
68.0

100.0
-32.0
68.0
0.0
0.0
0.0
0.0
68.0

200.0
-71.4
128.6
0.0
0.0
0.0
0.0
128.6

200.0
-70.3
129.7
0.0
0.0
14.4
14.4
144.1

200.0
-112.4
87.6
0.0
0.0
10.8
10.8
98.4

47.6
47.6
0.0
6.4
1.2
55.2
1.7
1.7
53.5
0.0
45.9

8.0
8.0
0.0
41.4
7.5
56.9
21.6
21.6
35.3
0.0
-13.6

22.9
22.9
0.0
55.4
31.3
109.6
15.9
15.9
93.7
0.0
7.0

6.1
6.1
0.0
242.2
80.2
328.5
239.5
253.9
89.0
170.4
-233.4

8.6
8.6
0.0
210.3
68.4
287.3
243.4
254.2
43.9
89.4
-234.8

23.8
14.5
0.7
69.7

42.9
32.7
1.0
89.6

47.3
34.9
2.3
144.5

71.3
55.1
3.8
383.6

75.1
54.4
4.5
341.7

18.5
18.5
0.0
17.5
1.0
19.6
-0.6
0.0
-0.6
1.3
0.0
0.0

51.0
51.0
0.0
50.5
0.5
54.2
1.2
0.0
1.2
0.4
0.0
0.0

149.5
149.5
0.0
137.4
12.1
184.0
-34.4
4.4
-38.8
0.7
0.0
0.0

283.3
283.3
0.0
249.4
33.9
274.4
8.9
6.5
2.4
1.2
0.0
0.0

230.0
230.0
0.0
226.4
3.6
255.5
-24.4
17.9
-42.3
0.0
0.0
0.0

-1.9
-

0.0
0.8
-0.8

60.6
-39.5
100.1

15.5
1.2
14.3

-45.7
-42.3
-3.4

-1.2
-

1.8
1.0

-37.2
62.9

5.0
19.3

-37.8
-41.2

0.0
3247.1
3176.5
2.5
-0.9
0.0
0.0
68.0
105.9
0.0
25.9
-0.9

0.0
263.4
228.7
31.8
1.3
0.0
180.0
68.0
106.3
0.0
0.0
0.0
33.3
0.0
1.8

0.0
689.3
492.5
12.4
-26.9
-65.2
-59.1
64.3
123.1
-12.8
2.9
0.0
-1.8
23.3
-30.2

10.0
137.2
103.7
195.8
0.6
7.7
25.9
64.9
96.9
73.0
2.3
3.8
50.0
50.5
1.9

11.0
118.0
89.9
290.2
-12.4
92.6
91.7
43.8
111.1
-73.4
7.8
20.0
0.0
63.6
-48.3

0.0
-3.2
-0.1
-0.2
7.6
26.5
-110.0
6.8

0.0
0.0
2.4
0.1
0.1
6.9
56.9
-200.0
175.7
6.8

0.0
0.0
-26.0
-1.9
-2.0
7.0
103.5
-2000.0
193.1
6.4

0.0
0.0
0.8
0.1
0.1
10.9
73.9
-105.3
89.5
6.5

0.0
0.0
-18.4
-2.1
-2.1
8.2
67.3
-2200.0
-18.8
4.4

Hinopak Motors Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

347

2004

2005

2006

2007

2008

2009

124.0
1222.7
1346.7
0.0
0.0
12.6
12.6
1359.3

124.0
1346.5
1470.5
0.0
0.0
9.3
9.3
1479.8

124.0
1588.7
1712.7
0.0
0.0
5.7
5.7
1718.4

124.0
2046.0
2170.0
0.0
0.0
0.0
0.0
2170.0

124.0
1816.0
1940.0
0.0
0.0
0.0
0.0
1940.0

124.0
1816.0
1940.0
0.0
0.0
0.0
0.0
1940.0

525.4
475.4
50.0
431.7
1779.4
2736.5
2055.0
2067.6
681.5
15.8
-1529.6

58.0
58.0
0.0
484.6
1790.7
2333.3
1684.8
1694.1
648.5
12.6
-1626.8

118.3
118.3
0.0
777.8
2381.3
3277.4
2423.5
2429.2
853.9
271.8
-2305.2

260.9
260.9
0.0
1227.1
2533.2
4021.2
2738.3
2738.3
1282.9
4.3
-2477.4

70.2
70.2
0.0
1584.2
2398.6
4053.0
3061.5
3061.5
991.5
1355.6
-2991.3

70.2
70.2
0.0
1584.2
2398.6
4053.0
3061.5
3061.5
991.5
1355.6
-2991.3

944.1
677.8
34.9
3414.3

1132.7
831.3
54.8
3164.6

1233.9
864.5
76.6
4141.9

1321.2
887.1
81.5
4908.3

1475.6
948.5
119.9
5001.5

1475.6
948.5
119.9
5001.5

6337.4
6337.4
0.0
5567.4
770.0
5856.5
509.3
9.6
499.7
159.0
105.4
0.0

7395.2
7395.2
0.0
6718.1
677.1
7009.1
435.0
53.5
381.5
131.8
105.4
0.0

7200.4
7200.4
0.0
6365.8
834.6
6712.8
560.2
48.4
511.8
194.5
130.2
0.0

8159.2
8159.2
0.0
6771.6
1387.6
7249.1
967.7
63.2
904.5
333.0
297.2
0.0

12630.7
12630.7
0.0
11379.5
1251.2
12006.0
794.3
678.5
115.8
68.0
21.7
0.0

12151.0
12151.0
0.0
10899.8
1251.2
11526.3
794.3
678.5
115.8
68.0
21.7
0.0

423.8
235.3
188.5

120.5
144.3
-23.8

238.6
187.1
51.5

451.6
274.3
177.3

-230.0
26.1
-256.1

0.0
26.1
-26.1

270.2
458.7

199.1
175.3

263.7
315.2

355.8
533.1

146.0
-110.1

146.0
119.9

0.9
133.2
46.6
153.5
14.6
55.5
58.9
1086.0
92.4
1.9
0.2
60.8
31.8
3.9
37.1

0.6
138.5
32.2
115.2
12.1
119.8
113.6
1185.9
94.8
12.3
0.7
424.6
34.5
4.4
25.9

0.3
135.2
37.0
141.8
12.4
78.4
83.7
1381.2
93.2
8.6
0.7
17.8
38.0
7.0
29.9

0.0
146.9
54.3
126.2
18.4
60.7
66.7
1750.0
88.8
6.5
0.8
1469.8
36.8
10.0
41.7

0.0
132.4
54.0
157.8
2.3
-11.3
-132.6
1564.5
95.1
85.4
5.4
50.1
58.7
9.0
6.0

0.0
132.4
54.0
157.8
2.3
0.0
121.8
1564.5
94.9
85.4
5.6
50.1
58.7
9.3
6.0

323.2
7.8
7.9
40.3
27.5
5.5
185.6
-8.4
47.7
108.6

236.9
7.2
5.2
30.8
20.1
8.1
233.7
-23.6
16.7
118.6

243.7
7.6
7.1
41.3
25.6
9.2
173.8
34.1
-2.6
138.1

192.3
13.7
11.1
72.9
46.1
9.4
166.2
76.5
13.3
175.0

220.3
1.1
0.9
9.3
3.9
13.5
252.5
-87.2
54.8
156.5

220.3
1.1
1.0
9.3
3.9
13.5
242.9
0.0
-3.8
156.5

Honda Atlas Cars (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

348

2004

2005

2006

2007

2008

2009

420.0
1478.5
1898.5
0.0
0.0
0.0
0.0
1898.5

420.0
1658.5
2078.5
0.0
0.0
0.0
0.0
2078.5

420.0
2252.0
2672.0
0.0
0.0
666.7
666.7
3338.7

714.0
1660.8
2374.8
0.0
0.0
1958.3
1958.3
4333.1

1428.0
1737.1
3165.1
0.0
0.0
500.0
500.0
3665.1

1428.0
1204.0
2632.0
0.0
0.0
1500.0
1500.0
4132.0

3515.7
3514.9
0.8
1175.3
1708.5
6399.5
5066.9
5066.9
1332.6
0.0
-1551.2

6632.4
5874.0
758.4
1307.2
3159.2
11098.8
9698.4
9698.4
1400.4
9693.7
-3066.0

1504.1
360.2
1143.9
1141.9
4169.1
6815.1
5802.4
6469.1
1012.7
2454.9
-4298.3

219.9
219.9
0.0
1039.6
2704.9
3964.4
3906.1
5864.4
58.3
2541.6
-3686.2

231.9
231.9
0.0
962.3
1612.7
2806.9
3087.1
3587.1
-280.2
500.0
-2855.2

20.5
20.5
0.0
1561.9
2954.1
4536.5
5614.2
7114.2
-1077.7
3651.6
-5593.7

1412.8
566.0
122.0
6965.5

1649.2
678.1
146.4
11776.9

3413.3
2326.0
142.9
9141.1

5639.0
4274.8
142.9
8239.2

5757.5
3945.3
464.2
6752.2

7391.0
5209.8
522.3
9746.3

9610.4
9610.4
0.0
8854.4
756.0
9061.0
622.5
2.3
620.2
226.2
178.5
0.0

17038.9
17038.9
0.0
16755.9
283.0
16971.5
264.6
6.0
258.6
85.5
178.5
0.0

30236.1
30236.1
0.0
29068.6
1167.5
29433.9
1180.1
46.4
1133.7
420.7
0.0
294.0

20106.3
20106.3
0.0
20006.4
99.9
20433.1
-176.2
305.5
-481.7
87.8
0.0
0.0

17430.8
17430.8
0.0
16803.3
627.5
17157.1
297.3
233.7
63.6
75.8
0.0
0.0

14149.6
14149.6
0.0
13973.1
176.5
14614.0
-399.6
222.8
-622.4
12.6
0.0
0.0

230.9
215.5
15.4

180.0
-5.4
185.4

1260.2
713.0
547.2

994.4
-569.5
1563.9

-668.0
-12.2
-655.8

466.9
-635.0
1101.9

337.5
352.9

141.0
326.4

855.9
1403.1

-426.6
1137.3

452.0
-203.8

-112.7
989.2

0.0
126.3
92.6
266.9
8.9
93.3
95.6
452.0
94.3
0.4
0.0
36.5
0.0
32.7

0.0
114.4
81.9
466.6
2.2
-3.0
43.2
494.9
99.6
2.3
0.0
0.1
33.1
0.0
12.4

20.0
117.5
45.6
242.1
12.4
56.6
61.0
636.2
97.3
3.9
0.2
1.9
37.1
0.0
42.4

45.2
101.5
32.2
246.9
-5.8
-57.3
-37.5
332.6
101.6
-173.4
1.5
12.0
-18.2
0.0
-20.3

13.6
90.9
38.7
113.3
0.9
1.8
-221.8
221.6
98.4
78.6
1.3
46.7
119.2
0.0
2.0

36.3
80.8
28.2
270.3
-6.4
-136.0
-11.4
184.3
103.3
-55.8
1.6
6.1
-2.0
0.0
-23.6

220.7
9.4
6.5
14.8
9.4
27.1
138.0
31.0
90.8
45.2

97.0
8.6
1.5
6.2
4.1
25.9
144.7
-58.1
77.3
49.5

0.0
0.0
3.7
27.0
17.0
21.1
330.8
335.5
77.5
63.6

0.0
0.0
-2.4
-6.7
-8.0
6.1
244.0
-124.8
-33.5
33.3

0.0
0.0
0.4
0.4
-0.1
10.9
258.1
-106.0
-13.3
22.2

0.0
0.0
-4.4
-4.4
-4.4
13.2
145.2
-1200.0
-18.8
18.4

Huffaz Seamless Pipe Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

349

2004

2005

2006

2007

2008

2009

122.0
59.8
181.8
0.0
0.0
0.0
0.0
181.8

122.0
123.0
245.0
0.0
0.0
37.9
37.9
282.9

140.3
178.5
318.8
0.0
0.0
28.2
28.2
347.0

182.4
885.8
1068.2
0.0
0.0
17.1
17.1
1085.3

218.9
917.5
1136.4
0.0
0.0
13.0
13.0
1149.4

341.4
1372.1
1713.5
0.0
0.0
113.5
113.5
1827.0

7.0
7.0
0.0
120.4
150.4
277.8
365.4
365.4
-87.6
8.8
-358.4

5.8
5.8
0.0
162.4
305.5
473.7
502.9
540.8
-29.2
46.6
-497.1

47.2
47.2
0.0
217.7
366.9
631.8
680.0
708.2
-48.2
37.9
-632.8

18.9
18.9
0.0
199.1
344.9
562.9
691.5
708.6
-128.6
28.3
-672.6

61.7
61.7
0.0
295.4
172.4
529.5
624.0
637.0
-94.5
17.1
-562.3

12.2
12.2
0.0
355.7
779.3
1147.2
1057.7
1171.2
89.5
127.7
-1045.5

473.3
269.5
22.4
547.3

541.7
312.1
25.7
785.8

661.6
395.3
36.7
1027.1

1503.5
1213.8
37.7
1776.7

1586.6
1243.9
53.1
1773.4

2127.8
1737.5
58.4
2884.7

413.1
412.4
0.7
355.0
58.1
373.8
51.4
3.6
47.8
2.1
0.0
0.0

687.1
687.1
0.0
577.2
109.9
608.1
82.5
6.3
76.2
3.1
12.2
0.0

1119.2
1118.8
0.4
924.6
194.6
971.3
166.9
9.0
157.9
34.6
28.1
42.1

946.7
945.4
1.3
792.1
154.6
829.8
119.4
15.3
104.1
11.6
27.4
0.0

1184.8
1184.8
0.0
972.2
212.6
1021.0
165.0
10.9
154.1
48.0
0.0
65.7

1323.3
1320.0
3.3
1026.8
296.5
1084.8
239.5
17.5
222.0
30.8
0.0
102.4

-33.3
45.7
-79.0

101.1
60.9
40.2

64.1
95.2
-31.1

738.3
65.1
673.2

64.1
106.1
-42.0

677.6
191.2
486.4

68.1
-10.9

86.6
126.8

131.9
100.8

102.8
776.0

159.2
117.2

249.6
736.0

0.0
76.0
34.9
201.0
8.7
149.0
90.5
7.0
0.9
40.9
4.4
8.2
26.3

13.4
94.2
33.4
220.7
9.7
60.2
68.3
200.8
88.5
7.6
0.9
13.5
4.1
7.5
31.1

8.1
92.9
39.0
222.1
15.4
148.5
130.9
227.2
86.8
5.4
0.8
23.7
21.9
7.5
49.5

1.6
81.4
31.5
66.3
5.9
8.8
13.2
585.6
87.7
12.8
1.6
54.1
11.1
6.7
9.7

1.1
84.9
57.2
56.1
8.7
165.5
135.8
519.1
86.2
6.6
0.9
63.7
31.1
7.8
13.6

6.2
108.5
34.8
68.4
7.7
28.2
33.9
501.9
82.0
7.3
1.3
13.7
13.9
9.7
13.0

0.0
11.6
3.9
3.7
8.5
75.5
-27.8
6.9
14.9

599.2
5.0
11.1
6.2
6.0
9.5
87.4
59.0
66.3
20.1

438.8
8.8
14.1
11.3
8.8
11.8
109.0
82.3
62.9
22.7

337.6
2.6
11.0
5.7
5.1
11.0
53.3
-49.6
-15.4
58.6

0.0
0.0
13.0
7.0
4.8
4.4
66.8
22.8
25.2
51.9

0.0
0.0
16.8
6.5
5.6
4.7
45.9
-7.1
11.7
50.2

Indus Motor Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

350

2004

2005

2006

2007

2008

2009

786.0
2638.7
3424.7
0.0
0.0
7.6
7.6
3432.3

786.0
3718.1
4504.1
0.0
0.0
12.0
12.0
4516.1

786.0
5465.8
6251.8
0.0
0.0
3.9
3.9
6255.7

786.0
7254.4
8040.4
0.0
0.0
0.0
0.0
8040.4

786.0
8650.3
9436.3
0.0
0.0
0.0
0.0
9436.3

786.0
9507.0
10293.0
0.0
0.0
0.0
0.0
10293.0

6962.0
6962.0
0.0
1196.7
2537.2
10695.9
8124.1
8131.7
2571.8
35.4
-1162.1

6720.0
6720.0
0.0
1306.8
3168.9
11195.7
7667.9
7679.9
3527.8
39.9
-947.9

7416.2
7416.2
0.0
2730.4
3959.3
14105.9
9560.7
9564.6
4545.2
9.6
-2144.5

8543.3
8543.3
0.0
2168.0
2860.0
13571.3
7621.1
7621.1
5950.2
3.7
922.2

4328.6
4328.6
0.0
2748.1
2637.6
9714.3
4311.8
4311.8
5402.5
0.0
16.8

9731.1
9731.1
0.0
2931.1
4088.9
16751.1
10388.6
10388.6
6362.5
0.0
-657.5

2562.9
860.5
268.7
11556.4

2935.0
988.3
290.5
12184.0

4026.7
1710.5
399.7
15816.4

4763.4
2090.3
381.5
15661.6

7078.0
4033.8
473.9
13748.1

7629.6
3930.5
786.3
20681.6

23193.7
23193.7
0.0
20500.0
2693.7
21107.6
2325.9
59.6
2266.3
860.5
707.4
0.0

32717.7
32717.7
0.0
30011.5
2706.2
30770.1
2397.0
94.1
2302.9
812.1
707.4
0.0

41787.6
41787.6
0.0
37640.0
4147.6
38609.1
4199.7
126.9
4072.8
1352.8
943.2
0.0

46384.5
46384.5
0.0
41943.9
4440.6
43067.6
4252.2
22.7
4229.5
1389.8
1021.8
0.0

49425.3
49425.3
0.0
45576.8
3848.5
46667.7
3544.4
2.8
3541.6
939.7
825.3
0.0

37864.6
37864.6
0.0
35540.4
2324.2
36519.1
1372.0
26.5
1345.5
705.9
786.0
0.0

847.9
698.4
149.5

1083.8
783.4
300.4

1739.6
1776.8
-37.2

1784.7
1817.9
-33.2

1395.9
1776.6
-380.7

856.7
-146.4
1003.1

967.1
1116.6

1073.9
1374.3

2176.5
2139.3

2199.4
2166.2

2250.5
1869.8

639.9
1643.0

0.2
131.7
100.4
237.4
19.6
82.4
86.6
435.7
91.0
2.6
0.3
168.4
38.0
1.9
66.2

0.3
146.0
104.7
170.5
18.9
72.3
78.1
573.0
94.0
3.9
0.3
235.8
35.3
1.2
51.1

0.1
147.5
106.1
153.0
25.8
102.1
101.7
795.4
92.4
3.0
0.3
1321.9
33.2
1.8
65.1

0.0
178.1
140.5
94.8
27.0
101.9
101.5
1023.0
92.8
0.5
0.0
613.5
32.9
1.4
52.6

0.0
225.3
164.1
45.7
25.8
127.3
120.4
1200.5
94.4
0.1
0.0
0.0
26.5
2.7
37.5

0.0
161.2
121.9
100.9
6.5
-17.1
38.9
1309.5
96.4
1.9
0.1
0.0
52.5
4.6
13.1

198.7
20.7
9.8
28.8
17.9
27.1
200.7
17.1
43.9
43.6

210.7
15.7
7.0
29.3
19.0
33.8
268.5
1.7
41.1
57.3

288.4
15.1
9.7
51.8
34.6
40.0
264.2
76.8
27.7
79.5

277.9
12.7
9.1
53.8
36.1
22.3
296.2
3.9
11.0
102.3

315.3
8.7
7.2
45.1
33.1
22.6
359.5
-16.2
6.6
120.1

81.4
7.6
3.6
17.1
8.1
19.5
183.1
-62.1
-23.4
131.0

International Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

351

2004

2005

2006

2007

2008

2009

163.0
1191.5
1354.5
0.0
0.0
256.3
256.3
1610.8

427.9
1281.9
1709.8
0.0
0.0
331.3
331.3
2041.1

427.9
1566.8
1994.7
0.0
0.0
275.0
275.0
2269.7

569.1
1767.2
2336.3
0.0
0.0
1062.5
1062.5
3398.8

832.6
2946.0
3778.6
0.0
0.0
1141.7
1141.7
4920.3

999.1
3021.8
4020.9
0.0
0.0
2015.5
2015.5
6036.4

70.6
70.6
0.0
639.9
2116.5
2827.0
2633.1
2889.4
193.9
2512.3
-2562.5

2.2
2.2
0.0
688.5
2583.8
3274.5
2891.2
3222.5
383.3
2815.5
-2889.0

429.0
429.0
0.0
950.5
2025.9
3405.4
2972.7
3247.7
432.7
2717.7
-2543.7

1362.9
3.9
1359.0
1185.0
3309.9
5857.8
5196.0
6258.5
661.8
5490.7
-3833.1

28.1
28.1
0.0
1823.8
4591.6
6443.5
5695.7
6837.4
747.8
5531.4
-5667.6

1235.5
1235.5
0.0
1709.8
2229.0
5174.3
5124.5
7140.0
49.8
5956.9
-3889.0

2087.3
1416.8
109.9
4243.8

2445.8
1657.6
670.5
4932.1

2785.1
1837.0
173.8
5242.4

3832.4
2736.9
190.2
8594.7

5282.9
4172.3
221.6
10615.8

7262.8
5986.7
227.8
11161.0

4987.5
4050.0
937.5
4197.8
789.7
4428.5
576.1
52.0
524.1
153.0
163.0
40.8

8089.4
6507.0
1582.4
7220.3
869.1
7502.8
608.0
105.3
502.7
101.0
122.3
264.9

8727.0
7186.4
1540.6
7486.5
1240.5
7824.4
905.3
179.8
725.5
182.0
213.9
141.2

11020.2
9063.0
1957.2
9597.2
1423.0
10010.5
1139.1
331.8
807.3
166.0
213.4
187.8

13761.5
10742.0
3019.5
11974.1
1787.4
12593.8
1354.5
450.2
904.3
140.1
208.1
249.8

12319.4
9412.4
2907.0
11152.3
1167.1
11635.6
1003.8
535.1
468.7
114.0
224.8
0.0

687.1
208.1
479.0

430.3
279.4
150.9

228.6
329.6
-101.0

1129.1
427.9
701.2

1521.5
556.1
965.4

1116.1
129.9
986.2

318.0
797.0

949.9
1100.8

503.4
402.4

618.1
1319.3

777.7
1743.1

357.7
1343.9

15.9
107.4
27.0
213.3
12.3
30.3
39.9
831.0
88.8
9.0
1.0
2.1
29.2
8.7
38.7

16.2
113.3
23.9
188.5
10.2
64.9
86.3
399.6
92.7
17.3
1.3
3.7
20.1
6.3
29.4

12.1
114.6
46.4
162.8
13.8
144.2
125.1
466.2
89.7
19.9
2.1
6.6
25.1
6.9
36.4

31.3
112.7
49.0
267.9
9.4
37.9
46.9
410.5
90.8
29.1
3.0
6.0
20.6
8.3
34.6

23.2
113.1
32.5
181.0
8.5
36.5
44.6
453.8
91.5
33.2
3.3
8.1
15.5
10.2
23.9

33.4
101.0
57.5
177.6
4.2
11.6
26.6
402.5
94.4
53.3
4.3
9.0
24.3
8.8
11.7

227.7
12.0
10.5
32.2
22.8
13.7
117.5
61.0
31.3
83.1

328.5
7.2
6.2
11.7
9.4
47.3
164.0
-63.7
62.2
40.0

254.1
10.7
8.3
17.0
12.7
1.0
166.5
45.3
7.9
46.6

300.5
9.1
7.3
14.2
11.3
10.4
128.2
-16.5
26.3
41.1

367.2
5.5
6.6
10.9
9.2
8.1
129.6
-23.2
24.9
45.4

157.8
5.6
3.8
4.7
3.6
5.5
110.4
-56.9
-10.5
40.2

Johnson & Philips (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

352

2004

2005

2006

2007

2008

2009

54.5
-53.3
1.2
0.0
0.0
35.0
35.0
36.2

54.5
-33.7
20.8
0.0
0.0
15.0
15.0
35.8

54.5
-31.6
22.9
0.0
0.0
3.5
3.5
26.4

54.5
-13.3
41.2
0.0
0.0
94.6
94.6
135.8

54.5
114.5
169.0
0.0
0.0
79.2
79.2
248.2

54.5
84.8
139.3
0.0
0.0
68.1
68.1
207.4

40.9
1.1
39.8
0.0
37.4
78.3
161.0
196.0
-82.7
68.2
-120.1

3.9
3.9
0.0
42.6
38.1
84.6
163.8
178.8
-79.2
44.1
-159.9

3.8
3.8
0.0
69.0
40.9
113.7
210.1
213.6
-96.4
4.9
-206.3

19.3
10.3
9.0
126.6
43.8
189.7
178.3
272.9
11.4
94.6
-159.0

23.2
14.2
9.0
124.3
58.7
206.2
177.9
257.1
28.3
89.5
-154.7

3.9
3.9
0.0
74.6
51.4
129.9
131.9
200.0
-2.0
77.9
-128.0

136.3
118.8
3.0
197.1

136.9
115.0
5.7
199.6

152.0
122.8
1.1
236.5

162.2
124.4
8.8
314.1

254.1
219.9
10.1
426.1

254.4
209.4
10.8
339.3

62.6
62.6
0.0
66.1
-3.5
79.2
-4.6
2.7
-7.3
0.3
0.0
0.0

162.7
162.7
0.0
131.5
31.2
151.0
24.6
4.4
20.2
0.8
0.0
0.0

233.3
233.3
0.0
207.5
25.8
234.5
12.6
5.7
6.9
1.2
0.0
0.0

377.4
377.4
0.0
309.3
68.1
344.3
34.7
10.0
24.7
1.9
0.0
0.0

249.8
249.8
0.0
193.8
56.0
220.6
34.4
9.5
24.9
1.3
0.0
0.0

133.7
133.7
0.0
128.5
5.2
166.1
-20.2
9.5
-29.7
0.0
0.0
0.0

120.6
-7.6
128.2

-0.4
19.4
-19.8

-9.4
5.7
-15.1

109.4
22.8
86.6

112.4
23.6
88.8

-40.8
-29.7
-11.1

-4.6
123.6

25.1
5.3

6.8
-8.3

31.6
118.2

33.7
122.5

-18.9
-30.0

96.7
48.6
25.4
16333.3
-3.7
-6.3
-3.7
2.2
126.5
4.3
4.0
22.4
-608.3

41.9
51.6
28.4
859.6
10.1
473.6
38.2
92.8
17.9
2.7
10.0
4.0
5.7
97.1

13.3
54.1
34.7
932.8
2.9
-60.6
-81.9
42.0
100.5
45.2
2.4
116.3
17.4
6.4
30.1

69.7
106.4
81.8
662.4
7.9
20.8
26.7
75.6
91.2
28.8
2.6
10.6
7.7
14.7
60.0

31.9
115.9
82.9
152.1
5.8
21.0
27.5
310.1
88.3
27.6
3.8
10.6
5.2
12.4
14.7

32.8
98.5
59.5
143.6
-8.8
72.8
63.0
255.6
124.2
-47.0
7.1
12.2
0.0
23.1
-21.3

0.0
-11.7
-1.3
-1.4
6.2
31.8
-91.6
-25.2
0.2

0.0
12.4
3.7
3.6
4.8
81.5
-384.6
159.9
3.8

0.0
0.0
3.0
1.3
1.0
1.0
98.6
-64.9
43.4
4.2

0.0
0.0
6.5
4.5
4.2
7.2
120.2
246.2
61.8
7.6

0.0
0.0
10.0
4.6
4.3
8.1
58.6
2.2
-33.8
31.0

0.0
0.0
-22.2
-5.4
-5.4
4.9
39.4
-217.4
-46.5
25.6

KSB Pumps Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

353

2004

2005

2006

2007

2008

2009

120.0
206.5
326.5
0.0
0.0
2.3
2.3
328.8

120.0
277.5
397.5
0.0
0.0
0.0
0.0
397.5

120.0
347.5
467.5
0.0
0.0
0.0
0.0
467.5

120.0
470.1
590.1
0.0
0.0
0.0
0.0
590.1

120.0
556.8
676.8
0.0
0.0
0.0
0.0
676.8

132.0
635.7
767.7
0.0
0.0
0.0
0.0
767.7

135.4
135.4
0.0
301.6
164.7
601.7
340.6
342.9
261.1
72.9
-205.2

122.5
119.6
2.9
447.3
200.3
770.1
448.2
448.2
321.9
103.2
-325.7

138.9
136.1
2.8
334.2
267.1
740.2
362.4
362.4
377.8
0.0
-223.5

267.0
267.0
0.0
417.8
244.9
929.7
491.8
491.8
437.9
47.8
-224.8

77.7
75.4
2.3
575.4
348.2
1001.3
541.2
541.2
460.1
16.4
-463.5

234.2
232.1
2.1
740.2
370.2
1344.6
821.0
821.0
523.6
171.3
-586.8

286.9
67.8
15.5
669.5

305.7
75.6
14.6
845.7

328.6
89.8
14.4
830.0

408.9
152.3
18.7
1082.0

494.8
216.8
25.1
1218.1

542.6
244.2
28.6
1588.8

924.0
851.1
72.9
721.6
202.4
874.0
84.8
4.0
80.8
24.7
12.0
0.0

1297.9
1196.3
101.6
959.8
338.1
1169.8
155.7
10.7
145.0
51.0
21.0
0.0

1441.9
1305.6
136.3
1016.9
425.0
1275.7
196.6
5.8
190.8
57.5
48.0
0.0

1708.3
1537.4
170.9
1242.1
466.2
1513.2
236.5
8.4
228.1
62.0
84.0
0.0

1911.9
1784.3
127.6
1404.3
507.6
1722.6
245.6
11.6
234.0
10.8
51.6
12.0

2024.2
1815.2
209.0
1530.2
494.0
1841.8
224.1
10.4
213.7
60.0
46.2
0.0

61.2
44.1
17.1

68.7
73.0
-4.3

70.0
85.3
-15.3

122.6
82.1
40.5

86.7
171.6
-84.9

90.9
107.5
-16.6

59.6
76.7

87.6
83.3

99.7
84.4

100.8
141.3

196.7
111.8

136.1
119.5

0.7
176.7
128.3
105.0
12.1
72.1
77.7
272.1
94.6
4.7
0.4
5.5
30.6
17.6
24.7

0.0
171.8
127.1
112.8
17.1
106.3
105.2
331.3
90.1
6.9
0.8
10.4
35.2
24.8
36.5

0.0
204.2
130.5
77.5
23.0
121.9
118.1
389.6
88.5
3.0
0.4
0.0
30.1
14.9
40.8

0.0
189.0
139.2
83.3
21.1
67.0
71.3
491.8
88.6
3.6
0.5
17.6
27.2
14.6
38.7

0.0
185.0
120.7
80.0
19.2
197.9
175.9
564.0
90.1
4.7
0.6
70.7
4.6
20.0
34.6

0.0
163.8
118.7
106.9
13.5
118.3
113.9
581.6
91.0
4.6
0.5
6.1
28.1
26.0
27.8

467.5
3.7
8.7
6.7
4.7
25.2
138.0
116.1
31.3
27.2

447.6
5.3
11.2
12.1
7.8
23.7
153.5
80.6
40.5
33.1

277.7
10.3
13.2
15.9
11.1
19.0
173.7
31.4
11.1
39.0

197.7
14.2
13.4
19.0
13.8
20.2
157.9
19.5
18.5
49.2

432.6
7.6
12.2
19.5
18.6
16.7
157.0
2.6
11.9
56.4

332.7
6.0
10.6
16.2
11.6
13.2
127.4
-16.9
5.9
58.2

Metropolitan Steel Corporation Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

354

2004

2005

2006

2007

2008

2009

309.8
-840.1
-530.3
0.0
0.0
1254.9
1254.9
724.6

309.8
-782.1
-472.3
0.0
0.0
1255.9
1255.9
783.6

309.8
-764.7
-454.9
0.0
0.0
1267.8
1267.8
812.9

309.8
991.6
1301.4
0.0
0.0
1264.8
1264.8
2566.2

309.8
985.1
1294.9
0.0
0.0
1283.5
1283.5
2578.4

309.8
985.1
1294.9
0.0
0.0
1283.5
1283.5
2578.4

1.0
1.0
0.0
141.0
80.4
222.4
228.2
1483.1
-5.8
1315.3
-227.2

24.4
24.4
0.0
304.7
134.2
463.3
399.4
1655.3
63.9
1291.8
-375.0

1.1
0.8
0.3
321.6
158.9
481.6
417.3
1685.1
64.3
1302.8
-416.2

3.2
2.6
0.6
401.3
159.1
563.6
492.3
1757.1
71.3
1300.4
-489.1

1.0
0.7
0.3
562.9
224.3
788.2
745.7
2029.2
42.5
1430.9
-744.7

1.0
0.7
0.3
562.9
224.3
788.2
745.7
2029.2
42.5
1430.9
-744.7

737.5
730.3
17.2
952.7

752.1
719.6
25.3
1182.9

807.5
748.6
26.4
1230.2

2507.1
2494.8
30.6
3058.4

2565.1
2536.0
16.9
3324.2

2565.1
2536.0
16.9
3324.2

567.2
567.2
0.0
562.3
4.9
583.9
43.3
0.9
42.4
2.4
0.0
0.0

1565.7
1563.0
2.7
1443.8
121.9
1498.8
69.4
6.0
63.4
6.8
0.0
0.0

1474.2
1474.2
0.0
1393.4
80.8
1435.8
39.9
5.6
34.3
6.4
0.0
0.0

1528.2
1528.2
0.0
1478.6
49.6
1534.1
8.2
7.7
0.5
7.0
0.0
0.0

1455.8
1391.3
64.5
1411.2
44.6
1478.2
13.2
12.7
0.5
6.7
0.0
0.0

1455.8
1391.3
64.5
1411.2
44.6
1478.2
13.2
12.7
0.5
6.7
0.0
0.0

294.5
40.0
254.5

59.0
56.6
2.4

29.3
27.9
1.4

1753.3
-6.5
1759.8

12.2
-6.2
18.4

0.0
-6.2
6.2

57.2
311.7

81.9
84.3

54.3
55.7

24.1
1783.9

10.7
29.1

10.7
16.9

173.2
97.5
62.2
4.5
13.6
18.4
-171.2
102.9
2.1
0.2
0.1
5.7
9.1
-

160.3
116.0
82.4
5.4
95.9
97.2
-152.5
95.7
8.6
0.4
0.5
10.7
13.3
-

156.0
115.4
77.3
0.0
2.8
95.2
97.5
-146.8
97.4
14.0
0.4
0.4
18.7
14.3
0.0

49.3
114.5
82.2
135.0
0.0
-0.4
1.4
420.1
100.4
93.9
0.5
0.6
1400.0
17.7
0.0

49.8
105.7
75.6
156.7
0.0
-50.8
36.8
418.0
101.5
96.2
0.9
0.9
1340.0
24.6
0.0

49.8
105.7
75.6
156.7
0.0
0.0
63.3
418.0
101.5
96.2
0.9
0.9
1340.0
24.6
0.0

7.5
1.4
1.3
3.5
59.5
-36.4
2000.7
-17.1

4.0
2.0
1.8
3.5
132.4
42.9
176.0
-15.2

0.0
0.0
2.3
1.1
0.9
3.7
119.8
-45.0
-5.8
-14.7

0.0
0.0
0.0
0.0
-0.2
4.1
50.0
-100.0
3.7
42.0

0.0
0.0
0.0
0.0
-0.2
0.7
43.8
0.0
-4.7
41.8

0.0
0.0
0.0
0.0
-0.2
0.7
43.8
0.0
0.0
41.8

Millat Tractors Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

355

2004

2005

2006

2007

2008

2009

80.1
1449.0
1529.1
0.0
0.0
0.0
0.0
1529.1

120.1
1904.4
2024.5
0.0
0.0
0.0
0.0
2024.5

156.2
2306.3
2462.5
0.0
0.0
0.0
0.0
2462.5

187.4
2492.7
2680.1
0.0
0.0
0.0
0.0
2680.1

187.4
2834.5
3021.9
0.0
0.0
0.0
0.0
3021.9

234.3
3106.4
3340.7
0.0
0.0
0.0
0.0
3340.7

814.6
649.7
164.9
1107.5
1402.5
3324.6
2023.3
2023.3
1301.3
0.0
-1208.7

2880.9
297.8
2583.1
888.6
2314.5
6084.0
4298.3
4298.3
1785.7
0.0
-1417.4

4101.0
263.1
3837.9
781.1
2283.9
7166.0
4982.7
4982.7
2183.3
0.0
-881.7

2902.8
122.1
2780.7
889.8
1840.1
5632.7
3567.7
3567.7
2065.0
20.4
-664.9

3669.8
249.4
3420.4
1466.7
1636.2
6772.7
4228.9
4228.9
2543.8
0.0
-559.1

2455.7
995.4
1460.3
1814.2
2077.0
6346.9
3412.0
3412.0
2934.9
0.0
-956.3

625.8
227.7
31.4
3552.3

654.7
238.8
35.1
6322.8

716.9
279.2
30.0
7445.2

1067.6
615.2
29.7
6247.9

947.0
478.2
34.1
7250.9

888.0
405.6
50.4
6752.5

7036.2
6918.7
117.5
6188.9
847.3
6475.9
606.5
11.2
595.3
210.5
104.1
40.0

8427.7
8282.4
145.3
7504.7
923.0
7796.1
721.3
3.2
718.1
240.0
40.0
40.0

9876.7
9787.6
89.1
8709.3
1167.4
9064.1
1077.7
3.1
1074.6
342.0
180.2
36.0

11142.5
11092.7
49.8
10002.3
1140.2
10621.7
882.0
18.6
863.4
200.0
156.2
31.2

11432.5
11279.0
153.5
9928.5
1504.0
10599.4
1169.8
26.8
1143.0
292.0
609.1
46.9

15910.7
15883.2
27.5
13501.5
2409.2
14317.4
1792.3
39.8
1752.5
551.7
1054.2
58.6

309.4
280.7
28.7

495.4
438.1
57.3

438.0
552.4
-114.4

217.6
507.2
-289.6

341.8
241.9
99.9

318.8
146.6
172.2

312.1
340.8

473.2
530.5

582.4
468.0

536.9
247.3

276.0
375.9

197.0
369.2

0.0
164.3
95.0
132.3
16.8
90.7
91.6
1909.0
92.0
1.8
0.2
35.4
1.7
38.9

0.0
141.5
87.7
212.3
11.4
88.4
89.2
1685.7
92.5
0.4
0.0
33.4
1.6
35.5

0.0
143.8
98.0
202.3
14.4
126.1
124.4
1576.5
91.8
0.3
0.0
0.0
31.8
0.0
43.6

0.0
157.9
106.3
133.1
13.8
233.1
217.1
1430.1
95.3
2.1
0.2
91.2
23.2
2.5
32.2

0.0
160.2
121.5
139.9
15.8
70.8
73.4
1612.5
92.7
2.3
0.2
0.0
25.5
0.9
37.8

0.0
186.0
125.1
102.1
26.0
46.0
53.4
1425.8
90.0
2.2
0.3
0.0
31.5
0.8
52.5

369.6
6.8
8.5
74.3
48.0
12.8
198.1
37.8
31.7
190.9

1195.3
2.0
8.5
59.8
39.8
14.6
133.3
-19.5
19.8
168.6

406.5
7.3
10.9
68.8
46.9
12.6
132.7
15.1
17.2
157.7

424.7
5.8
7.7
46.1
35.4
5.6
178.3
-33.0
12.8
143.0

139.7
20.2
10.0
61.0
45.4
9.5
157.7
32.3
2.6
161.3

113.9
31.6
11.0
74.8
51.3
16.9
235.6
22.6
39.2
142.6

Pak Elektron Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

356

2004

2005

2006

2007

2008

2009

236.9
1955.0
2191.9
0.0
0.0
778.6
778.6
2970.5

531.2
1398.6
1929.8
605.0
0.0
512.3
1117.3
3047.1

610.2
1329.3
1939.5
605.0
0.0
432.9
1037.9
2977.4

763.6
2114.3
2877.9
605.0
0.0
1501.2
2106.2
4984.1

970.4
3572.7
4543.1
526.3
0.0
2570.4
3096.7
7639.8

970.4
1927.2
2897.6
526.3
0.0
3596.8
4123.1
7020.7

232.1
117.9
114.2
1607.8
1309.1
3149.0
3512.9
4291.5
-363.9
3081.0
-3280.8

396.0
335.3
60.7
2692.9
1956.6
5045.5
4714.7
5832.0
330.8
3805.1
-4318.7

460.1
448.9
11.2
3324.2
2576.0
6360.3
6528.0
7565.9
-167.7
4654.9
-6067.9

549.1
536.6
12.5
3862.0
2507.7
6918.8
5981.0
8087.2
937.8
4790.4
-5431.9

487.4
214.9
434.5
193.1
52.9
21.8
5429.9
5293.1
3571.2
3258.6
9488.5
8766.6
8079.8
11465.9
11176.5
15589.0
1408.7 -2699.3
6648.7
8009.4
-7592.4 -11251.0

4231.0
3334.2
122.7
6483.2

3759.3
2716.4
146.6
7761.9

4346.6
3144.9
162.3
9505.2

5425.6
4046.4
201.2
10965.2

7768.8
6231.1
216.5
15719.6

11528.9
9720.0
315.3
18486.6

6078.2
5930.0
148.2
5016.1
1062.1
5485.0
615.4
380.0
235.4
47.7
23.7
0.0

8075.3
7947.3
128.0
6586.0
1489.3
7242.1
893.2
450.9
442.3
51.7
53.1
159.4

11042.2
10885.9
156.3
8994.5
2047.7
9872.5
1258.9
742.1
516.8
50.0
0.0
303.8

13077.7
12939.7
138.0
10547.8
2529.9
11545.8
1644.5
937.1
707.4
59.1
0.0
190.9

12652.0
12561.9
90.1
9801.9
2850.1
11159.2
1607.2
972.6
634.6
39.9
0.0
0.0

14621.6
14498.1
123.5
11283.8
3337.8
12901.7
1766.2
1372.7
393.5
66.9
0.0
97.0

455.5
164.0
291.5

76.6
337.5
-260.9

-69.7
466.8
-536.5

2006.7
648.3
1358.4

2655.7
594.7
2061.0

-619.1
326.6
-945.7

286.7
578.2

484.1
223.2

629.1
92.6

849.5
2207.9

811.2
2872.2

641.9
-303.8

26.2
89.6
52.4
195.8
3.6
36.0
49.6
925.2
90.2
61.7
6.3
12.3
20.3
16.1
10.7

36.7
107.0
65.5
302.2
5.7
440.6
216.9
363.3
89.7
50.5
5.6
11.8
11.7
23.0
22.9

34.9
97.4
58.0
390.1
5.4
-669.7
679.4
317.8
89.4
58.9
6.7
15.9
9.7
23.7
26.6

42.3
115.7
73.8
281.0
6.5
32.3
38.5
376.9
88.3
57.0
7.2
19.6
8.4
22.5
24.6

40.5
117.4
73.2
246.0
4.0
22.4
28.2
468.2
88.2
60.5
7.7
14.6
6.3
33.3
14.0

58.7
76.5
48.0
538.0
2.1
-52.8
-211.3
298.6
88.2
77.7
9.4
17.1
17.0
26.0
13.6

792.0
1.1
3.9
9.9
7.9
4.5
93.8
26.9
54.1
92.5

735.6
2.8
5.5
8.3
7.4
4.4
104.0
-16.2
32.9
36.3

0.0
0.0
4.7
8.5
7.6
6.0
116.2
2.4
36.7
31.8

0.0
0.0
5.4
9.3
8.5
6.4
119.3
116.3
18.4
37.7

0.0
0.0
5.0
6.5
6.1
5.4
80.5
-30.1
-3.3
46.8

0.0
0.0
2.7
4.1
3.4
5.1
79.1
-36.9
15.6
29.9

Pak Suzuki Motor Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

357

2004

2005

2006

2007

2008

2009

491.3
4971.0
5462.3
0.0
0.0
0.0
0.0
5462.3

540.4
7220.5
7760.9
0.0
0.0
0.0
0.0
7760.9

540.4
10145.6
10686.0
0.0
0.0
0.0
0.0
10686.0

823.0
12767.2
13590.2
0.0
0.0
0.0
0.0
13590.2

823.0
12945.9
13768.9
0.0
0.0
0.0
0.0
13768.9

823.0
13154.9
13977.9
0.0
0.0
0.0
0.0
13977.9

6795.4
6694.0
101.4
670.8
3765.3
11231.5
7972.6
7972.6
3258.9
0.0
-1177.2

9913.9
9647.0
266.9
414.9
4968.1
15296.9
10863.4
10863.4
4433.5
0.0
-949.5

8324.2
8043.6
280.6
727.6
9232.7
18284.5
11131.4
11131.4
7153.1
0.0
-2807.2

5627.4
5484.1
143.3
1644.7
9184.4
16456.5
7224.3
7224.3
9232.2
0.0
-1596.9

2503.5
2499.1
4.4
1757.8
7732.5
11993.8
2803.5
2803.5
9190.3
0.0
-300.0

3550.0
3545.6
4.4
2193.5
6879.7
12623.2
3330.1
3330.1
9293.1
80.0
219.9

5105.4
2203.5
373.7
13435.0

6695.3
3327.5
569.1
18624.4

7695.3
3533.0
903.9
21817.5

9717.2
4358.2
1084.4
20814.7

10881.2
4578.4
965.9
16572.2

11791.7
4684.7
816.1
17307.9

28670.9
28670.9
0.0
26254.3
2416.6
26680.6
2179.8
40.1
2139.7
772.0
145.9
0.0

41381.3
41381.3
0.0
37808.4
3572.9
38479.6
3636.0
116.5
3519.5
950.0
270.2
49.1

47187.9
47187.9
0.0
41627.2
5560.7
42876.9
5359.5
220.5
5139.0
1871.0
0.0
270.2

60747.8
60650.3
97.5
55987.6
4760.2
57243.8
4425.0
143.8
4281.2
1465.0
411.5
0.0

48240.7
48240.7
0.0
47650.1
590.6
48538.0
1045.6
53.5
992.1
330.0
82.3
0.0

26234.1
26234.1
0.0
25664.8
569.3
26413.3
440.4
12.6
427.8
172.6
41.2
0.0

1509.7
1221.8
287.9

2298.6
2299.3
-0.7

2925.1
3268.0
-342.9

2904.2
2404.7
499.5

178.7
579.8
-401.1

209.0
214.0
-5.0

1595.5
1883.4

2868.4
2867.7

4171.9
3829.0

3489.1
3988.6

1545.7
1144.6

1030.1
1025.1

0.0
140.9
93.6
146.0
15.9
80.9
84.7
1111.8
93.1
1.8
0.1
36.1
0.5
39.2

0.0
140.8
95.1
140.0
18.9
100.0
100.0
1436.1
93.0
3.2
0.3
27.0
0.0
45.3

0.0
164.3
81.3
104.2
23.6
111.7
109.0
1977.4
90.9
4.1
0.5
0.0
36.4
0.3
48.1

0.0
227.8
100.7
53.2
20.6
82.8
87.5
1651.3
94.2
3.2
0.2
0.0
34.2
0.3
31.5

0.0
427.8
152.0
20.4
6.0
324.5
135.0
1673.0
100.6
5.1
0.1
0.0
33.3
0.6
7.2

0.0
379.1
172.5
23.8
2.5
102.4
100.5
1698.4
100.7
2.9
0.0
15.8
40.3
1.4
3.1

937.4
2.7
7.5
43.6
27.8
40.4
213.4
-10.1
52.1
111.2

951.0
3.5
8.5
65.1
47.5
25.8
222.2
49.3
44.3
143.6

0.0
0.0
10.9
95.1
60.5
27.2
216.3
46.1
14.0
197.7

684.4
3.0
7.0
52.0
34.2
28.0
291.9
-45.3
28.7
165.1

804.5
0.6
2.1
12.1
8.0
22.2
291.1
-76.7
-20.6
167.3

619.4
0.3
1.6
5.2
3.1
17.8
151.6
-57.0
-45.6
169.8

Pakistan Cables Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

358

2004

2005

2006

2007

2008

2009

39.0
172.8
211.8
0.0
0.0
0.0
0.0
211.8

58.5
798.5
857.0
0.0
0.0
0.0
0.0
857.0

97.6
937.1
1034.7
0.0
0.0
85.0
85.0
1119.7

146.3
1005.4
1151.7
0.0
0.0
135.8
135.8
1287.5

195.1
1143.4
1338.5
0.0
0.0
270.8
270.8
1609.3

214.6
1187.8
1402.4
0.0
0.0
364.2
364.2
1766.6

25.9
16.8
9.1
232.2
499.3
757.4
621.3
621.3
136.1
340.9
-595.4

35.6
26.5
9.1
296.6
723.9
1056.1
955.6
955.6
100.5
439.6
-920.0

285.4
248.0
37.4
453.3
984.4
1723.1
1598.6
1683.6
124.5
738.1
-1313.2

55.3
7.4
47.9
574.9
1133.4
1763.6
1691.6
1827.4
72.0
1162.3
-1636.3

90.3
23.7
66.6
593.4
1018.6
1702.3
1736.6
2007.4
-34.3
1422.6
-1646.3

157.6
40.2
117.4
480.7
657.9
1296.2
1241.1
1605.3
55.1
479.8
-1083.5

322.7
75.6
13.1
833.0

1007.9
756.6
17.3
1812.7

1274.9
995.2
33.1
2718.3

1549.3
1215.5
59.4
2979.1

2030.9
1643.6
73.0
3345.9

2194.4
1711.5
101.0
3007.7

1287.2
1287.2
0.0
1102.9
184.3
1191.8
104.1
12.8
91.3
32.0
19.5
19.5

2333.9
2333.9
0.0
2014.4
319.5
2135.3
207.2
36.9
170.3
44.2
26.1
0.0

3492.2
3492.2
0.0
2997.1
495.1
3171.6
338.4
77.2
261.2
49.2
23.4
19.5

4810.8
4810.8
0.0
4196.6
614.2
4443.8
405.3
112.1
293.2
68.3
50.0
48.8

4442.6
4442.6
0.0
4072.7
369.9
4442.1
184.0
130.4
53.6
19.7
0.0
19.5

3352.3
3352.3
0.0
2820.0
532.3
3045.1
331.8
230.0
101.8
1.7
48.3
0.0

59.8
39.8
20.0

645.2
100.0
545.2

262.7
188.6
74.1

167.8
174.9
-7.1

321.8
33.9
287.9

157.3
51.8
105.5

52.9
72.9

117.3
662.5

221.7
295.8

234.3
227.2

106.9
394.8

152.8
258.3

0.0
121.9
41.5
293.3
11.0
66.6
72.6
543.1
92.6
12.3
1.0
3.8
35.0
13.3
43.1

0.0
110.5
34.8
111.5
9.4
15.5
17.7
1465.0
91.5
17.8
1.6
8.4
26.0
10.5
19.9

7.6
107.8
46.2
162.7
9.6
71.8
74.9
1060.1
90.8
22.8
2.2
10.5
18.8
11.3
25.2

10.5
104.3
37.3
158.7
9.8
104.2
103.1
787.2
92.4
27.7
2.3
9.6
23.3
10.5
25.5

16.8
98.0
39.4
150.0
1.6
10.5
27.1
686.1
100.0
70.9
2.9
9.2
36.8
8.9
4.0

20.6
104.4
51.4
114.5
3.4
32.9
59.2
653.5
90.8
69.3
6.9
47.9
1.7
9.6
7.3

304.1
9.2
7.1
23.4
15.2
22.0
154.5
15.8
33.4
54.3

483.1
3.0
7.3
29.1
21.6
23.0
128.8
24.4
81.3
146.5

906.0
2.3
7.5
26.8
21.7
4.4
128.5
-7.9
49.6
106.0

449.8
4.3
6.1
20.0
15.4
6.0
161.5
-25.4
37.8
78.7

0.0
0.0
1.2
2.7
1.7
6.0
132.8
-86.5
-7.7
68.6

207.2
3.4
3.0
4.7
4.7
6.1
111.5
74.1
-24.5
65.3

Pakistan Engineering Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

359

2004

2005

2006

2007

2008

2009

56.9
-6.7
50.2
0.0
0.0
1644.6
1644.6
1694.8

56.9
73.1
130.0
0.0
0.0
1792.7
1792.7
1922.7

56.9
182.6
239.5
0.0
0.0
1792.4
1792.4
2031.9

56.9
414.5
471.4
0.0
0.0
1941.1
1941.1
2412.5

56.9
487.0
543.9
0.0
0.0
1940.6
1940.6
2484.5

56.9
3690.8
3747.7
10.0
0.0
76.3
86.3
3834.0

15.4
15.4
0.0
312.5
152.8
480.7
566.7
2211.3
-86.0
1976.7
-551.3

45.8
45.8
0.0
361.9
362.7
770.4
618.9
2411.6
151.5
2246.5
-573.1

93.8
32.9
60.9
401.3
214.9
710.0
441.3
2233.7
268.7
2048.1
-347.5

156.4
104.9
51.5
498.3
211.7
866.4
219.6
2160.7
646.8
1982.2
-63.2

56.0
24.5
31.5
578.2
268.8
903.0
237.7
2178.3
665.3
1968.1
-181.7

28.3
28.3
0.0
951.4
445.5
1425.2
2184.0
2270.3
-758.8
137.0
-2155.7

2056.7
1780.7
12.1
2261.4

2058.4
1771.3
11.9
2541.7

2059.0
1763.1
11.0
2473.1

2072.9
1765.6
12.1
2632.0

2137.2
1819.1
13.1
2722.1

4888.1
4592.8
15.2
6018.0

457.4
457.4
0.0
396.4
61.0
451.4
33.0
46.8
-13.8
2.3
0.0
0.0

980.0
980.0
0.0
715.9
264.1
886.9
112.1
19.8
92.3
4.3
0.0
0.0

959.9
959.9
0.0
742.4
217.5
835.0
131.7
18.0
113.7
4.2
0.0
0.0

1123.2
1123.2
0.0
900.0
223.2
976.2
210.3
8.6
201.7
4.9
31.3
0.0

1184.5
1184.5
0.0
954.3
230.2
1026.5
176.8
8.3
168.5
59.0
0.0
0.0

1361.6
1361.6
0.0
1035.3
326.3
1122.2
283.7
82.6
201.1
17.7
71.1
0.0

-11.7
-16.1
4.4

227.9
88.0
139.9

109.2
109.5
-0.3

380.6
165.5
215.1

72.0
109.5
-37.5

1349.5
112.3
1237.2

-4.0
0.4

99.9
239.8

120.5
120.2

177.6
392.7

122.6
85.1

127.5
1364.7

97.0
84.8
57.9
4405.0
-0.6
-1000.0
88.2
98.7
141.8
10.2
2.4
0.0
-27.5

93.2
124.5
65.9
1855.1
3.6
38.6
41.7
228.5
90.5
17.7
2.0
0.9
4.7
0.0
71.0

88.2
160.9
112.2
932.7
4.6
100.3
100.2
420.9
87.0
13.7
1.9
0.9
3.7
22.2
47.5

80.5
394.5
298.1
458.4
7.7
43.5
45.2
828.5
86.9
4.1
0.8
0.4
2.4
23.3
42.8

78.1
379.9
266.8
400.5
6.2
152.1
144.1
955.9
86.7
4.7
0.7
0.4
35.0
31.0
31.0

2.3
65.3
44.9
60.6
3.3
8.3
9.3
6586.5
82.4
29.1
6.1
60.3
8.8
25.5
5.4

0.0
-3.0
-2.4
-2.8
0.7
20.2
118.2
69.7
8.8

0.0
9.4
16.2
15.5
0.7
38.6
-775.0
114.3
22.8

0.0
0.0
11.8
20.0
19.2
0.6
38.8
23.5
-2.1
42.1

628.8
6.6
18.0
35.4
34.6
0.7
42.7
77.0
17.0
82.8

0.0
0.0
14.2
29.6
19.2
0.7
43.5
-16.4
5.5
95.6

257.9
1.9
14.8
35.3
32.2
1.0
22.6
19.3
15.0
658.6

Pakistan Telephone Cables Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

360

2004

2005

2006

2007

2008

2009

210.0
-26.8
183.2
0.0
0.0
13.1
13.1
196.3

210.0
-0.6
209.4
0.0
0.0
4.8
4.8
214.2

210.0
52.3
262.3
0.0
0.0
25.1
25.1
287.4

210.0
42.3
252.3
0.0
0.0
10.9
10.9
263.2

210.0
49.0
259.0
0.0
0.0
4.9
4.9
263.9

210.0
-54.4
155.6
0.0
0.0
0.0
0.0
155.6

7.3
7.3
0.0
90.7
79.1
177.1
159.9
173.0
17.2
55.3
-152.6

1.5
1.5
0.0
151.7
150.3
303.5
428.8
433.6
-125.3
120.5
-427.3

9.8
9.8
0.0
125.6
135.3
270.7
369.5
394.6
-98.8
160.6
-359.7

2.8
2.8
0.0
109.0
188.8
300.6
393.9
404.8
-93.3
105.8
-391.1

4.6
4.6
0.0
97.7
212.2
314.5
389.0
393.9
-74.5
111.7
-384.4

1.3
1.3
0.0
61.2
210.6
273.1
425.1
425.1
-152.0
85.1
-423.8

229.0
179.1
14.9
356.2

353.3
339.5
15.8
643.0

434.2
386.2
35.4
656.9

438.9
356.4
36.3
657.0

451.6
338.5
33.0
653.0

451.8
307.5
31.1
580.6

506.9
506.9
0.0
451.0
55.9
488.9
18.0
8.2
9.8
3.9
0.0
0.0

786.5
786.5
0.0
737.2
49.3
769.3
17.7
12.4
5.3
3.4
0.0
0.0

1043.7
1043.7
0.0
1013.3
30.4
1041.7
7.8
20.6
-12.8
4.6
0.0
0.0

772.7
772.7
0.0
720.0
52.7
750.9
26.4
32.3
-5.9
4.6
0.0
0.0

908.8
908.8
0.0
840.2
68.6
878.4
41.7
30.0
11.7
3.9
10.5
0.0

125.2
125.2
0.0
165.3
-40.1
190.7
-82.4
31.2
-113.6
0.0
0.0
0.0

24.7
5.9
18.8

17.9
1.9
16.0

73.2
-17.4
90.6

-24.2
-10.5
-13.7

0.7
-2.7
3.4

-108.3
-113.6
5.3

20.8
39.6

17.7
33.7

18.0
108.6

25.8
12.1

30.3
33.7

-82.5
-77.2

6.7
110.8
61.3
94.4
2.8
23.9
52.5
87.2
96.4
45.6
1.6
14.8
39.8
6.6
5.3

2.2
70.8
35.7
207.1
0.8
10.6
52.5
99.7
97.8
70.1
1.6
10.3
64.2
5.3
2.5

8.7
73.3
36.6
150.4
-1.9
-23.8
16.6
124.9
99.8
264.1
2.0
12.8
-35.9
1.3
-4.9

4.1
76.3
28.4
160.4
-0.9
43.4
213.2
120.1
97.2
122.3
4.2
30.5
-78.0
8.8
-2.3

1.9
80.8
26.3
152.1
1.8
-385.7
89.9
123.3
96.7
71.9
3.3
26.9
33.3
6.4
4.5

0.0
64.2
14.7
273.2
-19.6
104.9
106.9
74.1
152.3
-37.9
24.9
36.7
0.0
22.6
-73.0

0.0
1.9
0.5
0.3
7.9
142.3
150.0
7.9
8.7

0.0
0.7
0.3
0.1
11.9
122.3
-40.0
55.2
10.0

0.0
0.0
-1.2
-0.6
-0.8
10.4
158.9
-300.0
32.7
12.5

0.0
0.0
-0.8
-0.3
-0.5
9.4
117.6
-50.0
-26.0
12.0

74.3
4.1
1.3
0.6
0.4
9.3
139.2
-300.0
17.6
12.3

0.0
0.0
-90.7
-5.4
-5.4
9.2
21.6
-1000.0
-86.2
7.4

Sazgar Engineering Works Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

361

2004

2005

2006

2007

2008

2009

71.6
-11.5
60.1
0.0
0.0
3.7
3.7
63.8

71.6
15.4
87.0
0.0
0.0
13.7
13.7
100.7

71.6
48.2
119.8
0.0
0.0
9.8
9.8
129.6

78.8
88.9
167.7
0.0
0.0
13.8
13.8
181.5

86.7
209.0
295.7
0.0
0.0
16.7
16.7
312.4

104.0
206.5
310.5
0.0
0.0
7.1
7.1
317.6

3.1
3.1
0.0
28.7
41.3
73.1
72.5
76.2
0.6
21.5
-69.4

0.6
0.6
0.0
45.6
59.8
106.0
94.7
108.4
11.3
43.3
-94.1

0.8
0.8
0.0
69.1
79.3
149.2
122.9
132.7
26.3
39.7
-122.1

18.4
18.4
0.0
98.7
125.2
242.3
186.2
200.0
56.1
26.7
-167.8

12.0
12.0
0.0
263.9
193.3
469.2
366.7
383.4
102.5
92.3
-354.7

19.8
19.8
0.0
168.2
194.8
382.8
288.0
295.1
94.8
38.3
-268.2

103.8
63.3
5.5
136.4

134.2
89.4
8.3
195.4

163.1
103.4
8.9
252.6

176.1
125.3
9.9
367.6

288.9
209.9
12.4
679.1

316.6
222.8
15.7
605.6

252.1
252.1
0.0
208.7
43.4
219.6
32.5
3.5
29.0
7.4
0.0
0.0

332.4
332.4
0.0
286.7
45.7
300.9
32.8
3.1
29.7
7.2
0.0
0.0

439.3
439.3
0.0
361.1
78.2
382.7
56.6
5.1
51.5
14.9
0.0
0.0

724.2
724.2
0.0
602.1
122.1
636.6
87.7
5.4
82.3
23.2
7.9
7.9

1943.7
1943.7
0.0
1640.8
302.9
1723.6
220.4
11.6
208.8
67.6
0.0
17.3

952.5
952.5
0.0
848.7
103.8
912.4
41.3
15.3
26.0
3.6
0.0
20.8

20.0
21.6
-1.6

36.9
22.5
14.4

28.9
36.6
-7.7

51.9
51.2
0.7

130.9
141.2
-10.3

5.2
22.4
-17.2

27.1
25.5

30.8
45.2

45.5
37.8

61.1
61.8

153.6
143.3

38.1
20.9

5.8
100.8
43.9
126.8
21.3
108.0
106.3
83.9
87.1
10.8
1.4
16.3
25.5
5.4
48.3

13.6
111.9
48.8
124.6
15.2
61.0
68.1
121.5
90.5
9.5
0.9
7.2
24.2
6.7
34.1

7.6
121.4
56.9
110.8
20.4
126.6
120.4
167.3
87.1
9.0
1.2
12.8
28.9
9.4
43.0

7.6
130.1
62.9
119.3
22.4
98.7
98.9
212.8
87.9
6.2
0.7
20.2
28.2
6.0
49.1

5.3
128.0
75.2
129.7
30.7
107.9
107.2
341.1
88.7
5.3
0.6
12.6
32.4
10.4
70.6

2.2
132.9
65.3
95.0
4.3
430.8
182.3
298.6
95.8
37.0
1.6
39.9
13.8
10.1
8.4

0.0
11.5
4.1
3.0
8.8
184.8
105.0
71.6
8.4

0.0
8.9
4.1
3.1
12.2
170.1
0.0
31.9
12.2

0.0
0.0
11.7
7.2
5.1
10.0
173.9
75.6
32.2
16.7

748.1
4.7
11.4
10.4
7.5
9.6
197.0
44.4
64.9
21.3

0.0
0.0
10.7
24.1
16.3
9.9
286.2
131.7
168.4
34.1

0.0
0.0
2.7
2.5
2.2
7.5
157.3
-89.6
-51.0
29.9

Siemens (Pakistan) Engineering Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

362

2004

2005

2006

2007

2008

2009

77.7
2034.5
2112.2
0.0
0.0
0.0
0.0
2112.2

77.7
2356.8
2434.5
0.0
0.0
0.0
0.0
2434.5

77.7
2620.1
2697.8
0.0
0.0
0.0
0.0
2697.8

82.5
5262.2
5344.7
0.0
0.0
0.0
0.0
5344.7

82.5
6199.7
6282.2
0.0
0.0
0.0
0.0
6282.2

82.5
6822.7
6905.2
0.0
0.0
0.0
0.0
6905.2

1701.5
1348.7
352.8
2720.2
0.0
4421.7
2835.0
2835.0
1586.7
11.1
-1133.5

1743.8
1743.8
0.0
3150.0
2337.5
7231.3
5399.6
5399.6
1831.7
104.6
-3655.8

2267.3
1767.3
500.0
6731.4
2285.2
11283.9
9324.1
9324.1
1959.8
503.7
-7056.8

3311.9
3407.2
1403.1
3311.9
3407.2
1403.1
0.0
0.0
0.0
9563.0
15183.7
16819.4
3166.7
4588.7
4367.4
16041.6
23179.6
22589.9
12229.6
18487.1
17347.2
12229.6
18487.1
17347.2
3812.0
4692.5
5242.7
2357.2
907.9
155.7
-8917.7 -15079.9 -15944.1

1220.2
525.5
98.7
4947.2

1421.9
602.9
128.3
7834.2

1664.6
738.0
152.2
12021.9

2508.7
1532.6
199.3
17574.2

2679.7
1589.7
205.7
24769.3

2934.8
1662.5
214.2
24252.4

7573.0
7573.0
0.0
6320.9
1252.1
7050.1
800.3
39.6
760.7
321.7
155.4
0.0

13374.5
12856.8
517.7
11609.9
1764.6
12677.5
1327.1
94.1
1233.0
444.0
233.1
0.0

20998.2
20866.6
131.6
18546.4
2451.8
19975.2
1773.3
264.9
1508.4
926.0
512.8
0.0

22238.9
22133.5
105.4
19113.8
3125.1
20671.2
2281.5
316.9
1964.6
913.9
742.2
0.0

27236.5
26792.2
444.3
23222.6
4013.9
24890.9
2818.0
253.8
2564.2
885.1
742.2
0.0

36149.4
14202.4
21947.0
32165.0
3984.4
34016.7
2481.1
336.6
2144.5
938.6
742.2
0.0

324.4
283.6
40.8

322.3
555.9
-233.6

263.3
69.6
193.7

2646.9
308.5
2338.4

937.5
936.9
0.6

623.0
463.7
159.3

382.3
423.1

684.2
450.6

221.8
415.5

507.8
2846.2

1142.6
1143.2

677.9
837.2

0.0
156.0
156.0
134.2
15.4
87.4
90.4
2718.4
93.1
4.9
0.5
356.8
42.3
12.5
36.0

0.0
133.9
90.6
221.8
15.7
172.5
151.8
3133.2
94.8
7.1
0.7
90.0
36.0
13.2
50.6

0.0
121.0
96.5
345.6
12.5
26.4
53.4
3472.1
95.1
14.9
1.3
52.6
61.4
24.3
55.9

0.0
131.2
105.3
228.8
11.2
11.7
17.8
6478.4
93.0
13.9
1.4
13.4
46.5
29.8
36.8

0.0
125.4
100.6
294.3
10.4
99.9
99.9
7614.8
91.4
9.0
0.9
28.0
34.5
40.9
40.8

0.0
130.2
105.0
251.2
8.8
74.4
81.0
8369.9
94.1
13.6
0.9
216.2
43.8
37.6
31.1

282.5
7.4
10.0
97.9
56.5
19.9
153.1
23.3
28.4
271.8

338.5
9.6
9.2
158.7
101.5
24.4
170.7
62.1
76.6
313.3

113.6
19.0
7.2
194.1
75.0
25.2
174.7
22.3
57.0
347.2

141.6
13.9
8.8
238.1
127.4
13.5
126.5
22.7
5.9
647.8

226.2
11.8
9.4
310.8
203.5
13.4
110.0
30.5
22.5
761.5

162.5
10.7
5.9
259.9
146.2
13.5
149.1
-16.4
32.7
837.0

Singer Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

363

2004

2005

2006

2007

2008

2009

113.3
100.5
213.8
0.0
0.0
97.9
97.9
311.7

113.3
111.9
225.2
0.0
0.0
142.4
142.4
367.6

133.2
121.5
254.7
0.0
0.0
149.7
149.7
404.4

245.0
139.6
384.6
0.0
0.0
221.6
221.6
606.2

275.7
158.6
434.3
0.0
0.0
213.2
213.2
647.5

310.1
153.9
464.0
0.0
0.0
183.7
183.7
647.7

54.8
47.5
7.3
546.1
162.0
762.9
528.4
626.3
234.5
396.1
-473.6

68.4
61.3
7.1
644.3
229.4
942.1
673.8
816.2
268.3
543.4
-605.4

79.5
72.5
7.0
740.5
305.5
1125.5
831.4
981.1
294.1
617.5
-751.9

106.3
99.4
6.9
901.5
393.3
1401.1
951.7
1173.3
449.4
767.9
-845.4

129.1
129.1
0.0
1009.0
502.0
1640.1
1204.9
1418.1
435.2
976.0
-1075.8

142.7
142.7
0.0
1055.0
456.6
1654.3
1217.0
1400.7
437.3
989.4
-1074.3

203.2
77.3
10.4
840.2

229.5
99.2
11.5
1041.3

249.4
110.3
11.5
1235.8

306.0
156.9
13.6
1558.0

278.6
212.2
18.0
1852.3

396.3
210.5
21.1
1864.8

979.5
979.5
0.0
798.8
180.7
917.5
64.6
28.8
35.8
14.5
11.3
0.0

1197.2
1197.2
0.0
982.3
214.9
1114.7
86.5
44.9
41.6
15.8
14.2
0.0

1569.0
1569.0
0.0
1288.9
280.1
1459.6
115.0
70.9
44.1
11.2
0.0
0.0

1744.2
1744.2
0.0
1385.8
358.4
1605.1
148.2
85.9
62.3
17.6
0.0
30.6

2349.8
2349.8
0.0
1901.4
448.4
2161.0
194.2
125.4
68.8
11.4
0.0
34.5

1999.5
1977.6
21.9
1553.8
445.7
1799.6
203.8
165.2
38.6
9.8
0.0
31.0

-43.9
10.0
-53.9

55.9
11.6
44.3

36.8
32.9
3.9

201.8
44.7
157.1

41.3
57.4
-16.1

0.2
28.8
-28.6

20.4
-33.5

23.1
67.4

44.4
48.3

58.3
215.4

75.4
59.3

49.9
21.3

31.4
144.4
113.7
292.9
4.3
188.7
93.7
44.6
2.9
7.3
40.5
86.5
16.7

38.7
139.8
105.8
362.4
4.0
20.8
34.3
198.8
93.1
51.9
3.8
8.3
38.0
49.2
18.5

37.0
135.4
98.6
385.2
3.6
89.4
91.9
191.2
93.0
61.7
4.5
11.5
25.4
43.1
17.3

36.6
147.2
105.9
305.1
4.0
22.2
27.1
157.0
92.0
58.0
4.9
11.2
28.3
46.4
16.2

32.9
136.1
94.5
326.5
3.7
139.0
127.2
157.5
92.0
64.6
5.3
12.8
16.6
37.8
15.8

28.4
135.9
98.4
301.9
2.1
14400.0
234.3
149.6
90.0
81.1
8.3
16.7
25.4
46.2
8.3

188.5
5.3
3.7
3.2
1.9
14.9
116.6
52.4
17.2
18.9

181.7
6.3
3.5
3.7
2.3
14.9
115.0
15.6
22.2
19.9

0.0
0.0
2.8
3.3
2.5
11.6
127.0
-10.8
31.1
19.1

0.0
0.0
3.6
2.5
1.8
12.3
112.0
-24.2
11.2
15.7

0.0
0.0
2.9
2.5
2.1
11.5
126.9
0.0
34.7
15.8

0.0
0.0
1.9
1.2
0.9
9.9
107.2
-52.0
-14.9
15.0

The Climax Engineering Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

364

2004

2005

2006

2007

2008

2009

33.1
153.3
186.4
0.0
0.0
73.6
73.6
260.0

33.1
142.9
176.0
0.0
0.0
42.7
42.7
218.7

33.1
213.0
246.1
0.0
0.0
0.0
0.0
246.1

33.1
418.8
451.9
0.0
0.0
0.0
0.0
451.9

33.1
391.9
425.0
0.0
0.0
0.8
0.8
425.8

33.1
366.7
399.8
0.0
0.0
0.4
0.4
400.2

2.1
2.1
0.0
79.9
217.8
299.8
305.5
379.1
-5.7
161.8
-303.4

11.9
11.9
0.0
72.9
243.0
327.8
362.8
405.5
-35.0
109.1
-350.9

23.9
23.9
0.0
81.1
246.9
351.9
349.3
349.3
2.6
48.0
-325.4

1.4
1.4
0.0
110.3
251.9
363.6
286.2
286.2
77.4
59.8
-284.8

6.8
6.8
0.0
117.5
250.9
375.2
309.8
310.6
65.4
59.6
-303.0

12.3
12.3
0.0
147.8
230.3
390.4
336.8
337.2
53.6
59.9
-324.5

292.1
265.8
14.2
565.6

293.1
253.9
12.9
581.7

294.4
243.6
11.6
595.5

406.9
374.6
16.8
738.2

406.4
360.4
15.3
735.6

406.5
346.8
13.8
737.2

188.0
188.0
0.0
179.3
8.7
211.1
4.3
1.9
2.4
0.9
0.0
0.0

262.7
262.7
0.0
246.0
16.7
279.9
2.1
0.8
1.3
1.2
0.0
0.0

224.1
224.1
0.0
210.1
14.0
251.3
9.8
0.9
8.9
1.1
0.0
0.0

232.8
232.8
0.0
219.7
13.1
259.5
21.3
7.0
14.3
1.2
0.0
0.0

226.2
226.2
0.0
217.6
8.6
256.2
-28.8
9.2
-38.0
1.1
0.0
0.0

300.5
300.5
0.0
274.6
25.9
312.3
-10.5
11.5
-22.0
0.0
0.0
0.0

370.0
1.5
368.5

-41.3
0.1
-41.4

27.4
7.8
19.6

205.8
13.1
192.7

-26.1
-39.1
13.0

-25.6
-22.0
-3.6

15.7
384.2

13.0
-28.4

19.4
39.0

29.9
222.6

-23.8
-10.8

-8.2
-11.8

28.3
98.1
26.8
203.4
0.4
0.4
4.1
563.1
112.3
44.2
1.0
1.2
37.5
19.7
1.3

19.5
90.4
23.4
230.4
0.2
531.7
106.5
38.1
0.3
0.7
92.3
15.0
0.7

0.0
100.7
30.1
141.9
1.5
28.5
49.7
743.5
112.1
9.2
0.4
1.9
12.4
14.5
3.6

0.0
127.0
39.0
63.3
1.9
6.4
13.4
1365.3
111.5
32.9
3.0
11.7
8.4
23.0
3.2

0.2
121.1
40.1
73.1
-5.2
149.8
220.4
1284.0
113.3
-31.9
4.1
15.4
-2.9
25.9
-8.9

0.1
115.9
47.5
84.3
-3.0
85.9
69.5
1207.9
103.9
-109.5
3.8
19.2
0.0
29.8
-5.5

0.0
1.3
0.7
0.5
84.0
33.2
-108.9
14.4
56.3

0.0
0.5
0.4
0.0
4.9
45.2
-42.9
39.7
53.2

0.0
0.0
4.0
2.7
2.4
4.6
37.6
575.0
-14.7
74.4

0.0
0.0
6.1
4.3
4.0
6.9
31.5
59.3
3.9
136.5

0.0
0.0
-16.8
-11.5
-11.8
4.1
30.8
-367.4
-2.8
128.4

0.0
0.0
-7.3
-6.6
-6.6
3.8
40.8
-42.6
32.8
120.8

Transmission Engineering Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

365

2004

2005

2006

2007

2008

2009

45.0
-80.3
-35.3
0.0
0.0
43.6
43.6
8.3

45.0
-76.2
-31.2
0.0
0.0
48.2
48.2
17.0

45.0
-81.6
-36.6
0.0
0.0
55.8
55.8
19.2

45.0
-112.0
-67.0
0.0
0.0
57.9
57.9
-9.1

45.0
-120.1
-75.1
0.0
0.0
59.9
59.9
-15.2

117.0
-113.1
3.9
0.0
0.0
45.8
45.8
49.7

0.9
0.9
0.0
32.8
10.4
44.1
84.1
127.7
-40.0
68.3
-83.2

13.9
0.3
13.6
34.5
5.8
54.2
87.6
135.8
-33.4
76.8
-73.7

16.0
0.2
15.8
30.9
6.6
53.5
84.8
140.6
-31.3
74.7
-68.8

0.7
0.7
0.0
34.9
6.8
42.4
106.5
164.4
-64.1
81.5
-105.8

0.2
0.2
0.0
45.6
8.8
54.6
118.9
178.8
-64.3
85.2
-118.7

0.3
0.3
0.0
66.8
13.2
80.3
75.8
121.6
4.5
75.1
-75.5

104.0
48.3
4.5
92.4

110.6
50.4
5.2
104.6

115.7
50.5
5.4
104.0

122.8
54.9
5.9
97.3

122.1
49.1
5.7
103.7

123.1
45.2
5.2
125.5

85.5
73.8
11.7
70.2
15.3
78.2
9.1
5.5
3.6
0.4
0.5
0.0

98.1
98.1
0.0
82.9
15.2
92.3
11.2
6.6
4.6
0.4
0.0
0.0

115.6
115.6
0.0
103.4
12.2
115.5
3.8
7.6
-3.8
0.5
0.0
0.0

106.6
106.6
0.0
105.6
1.0
131.0
-20.9
8.9
-29.8
0.6
0.0
0.0

97.5
97.5
0.0
98.4
-0.9
114.1
-13.3
14.8
-28.1
0.6
0.0
0.0

123.6
92.3
31.3
105.0
18.6
116.8
16.7
8.2
8.5
0.6
2.3
0.0

12.5
2.7
9.8

8.7
4.2
4.5

2.2
-4.3
6.5

-28.3
-30.4
2.1

-6.1
-28.7
22.6

64.9
5.6
59.3

7.2
17.0

9.4
13.9

1.1
7.6

-24.5
-22.4

-23.0
-0.4

10.8
70.1

525.3
52.4
40.1
3.9
21.6
42.4
-78.4
91.5
60.4
6.4
8.1
11.1
19.2
-

283.5
61.9
55.3
4.4
48.3
67.6
-69.3
94.1
58.9
6.7
8.6
8.7
15.8
-

290.6
63.1
55.3
0.0
-3.7
-195.5
14.5
-81.3
99.9
200.0
6.6
10.2
-13.2
11.7
0.0

0.0
39.8
33.4
0.0
-30.6
107.4
109.4
-148.9
122.9
-42.6
8.3
10.9
-2.0
14.4
0.0

0.0
45.9
38.5
0.0
-27.1
470.5
5750.0
-166.9
117.0
-111.3
15.2
17.4
-2.1
14.1
0.0

92.2
105.9
88.5
3117.9
6.8
8.6
15.4
3.3
94.5
49.1
6.6
10.9
7.1
25.3
217.9

640.0
4.2
0.8
0.7
11.5
92.5
-172.7
47.2
-7.8

4.7
1.0
0.9
10.8
93.8
25.0
14.7
-6.9

0.0
0.0
-3.3
-0.8
-1.0
10.7
111.2
-180.0
17.8
-8.1

0.0
0.0
-28.0
-6.6
-6.8
11.7
109.6
725.0
-7.8
-14.9

0.0
0.0
-28.8
-6.2
-6.4
10.4
94.0
-6.1
-8.5
-16.7

343.5
59.0
6.9
0.7
0.7
10.6
98.5
-111.3
26.8
0.3

Ados Pakistan Ltd.

House No.88, Khayaban-e-Iqbal, F-8/2, Islamabad.

Management

Banker

Mr. Zia Akbar Ansari(Chief Executive)

Citi Bank N. A.

Mr. Jamal Akbar Ansari(Director)

Dubai Islamic Bank (Pakistan) Ltd.

Shaikh Usman Ahmed(Director)

NIB Bank Ltd.

Mrs. Uzma Jamal(Director)

Bank Al-Falah Ltd.

Mrs. Shoobarana Zia(Director)

Bank Islami Pakistan Ltd.

Auditor
M/s. Anjum Asim Shahid Rehman & Co.

Mrs. Razia Akbar Ansari(Director)

Ms. Sabina Ansari(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

20.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

25.51

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

19.51

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Engineering goods

Agriauto Industries Limited

5th Floor, House of Habib, 3 JCHS, Main Sharah-e-Faisal, Karachi.

Management

Banker

Mr. R. D. Minwalla(Chairman)

Habib Bank Ltd.

Mr. Qazi Ebadullah Khan(Chief Executive)

National Bank Of Pakistan

Mr. Suhail P. Ahmed(Director)

Faysal Bank Limited

Mr. Fahim Kapadia(Director)

Askari Commercial Bank Ltd.

Mr. Tariq Saud Quddusi(Director)

Meezan Bank Ltd.

Mr. Owaisul Mustafa(Director)

Credit Agricole Indosuez

Auditor
M/S Ford Rhodes Sidat Hyder & Co.

Mr. Syed Sikander Ahmed(Director)

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

32.64

Highest Price in

2009

Rs.

81.93

Lowest Price in

2009

Rs.

17.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

37.45

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

Capacity

Light tractors

determined

366

Actual Production

Al-Ghazi Tractors Ltd.

11th Floor, NICL Building, Abbasi Shaheed Road, Off Shahrah-e-Faisal, Karachi-74400.

Management

Banker

Mr. Charles Leonard hunt(Chairman)

Askari Commerial Bank Ltd.

Mr. Parvez Ali(M.D. / C.E.O.)

Meezan Bank Ltd.

Mr. Franco Fusignani(Director)

Bank Al Habib Ltd.

Mr. Kanwar Idris(Director)

Habib Bank Ltd.

Mr. Mohammad Ali Qaiyum(Director)

Faysal Bank Ltd.

Mr. Hadjas Youssef(Director)

Hongkong & Shanghai Banking Corp.

Auditor
M/S A. F. Ferguson & Co.

Mr. Nisar Mahmood(Director)

Date of Annual General Meeting

24th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

400

Face Value

Rs.

5.00

Market Price as on 31/12/2009

Rs.

238.04

Highest Price in

2009

Rs.

268.75

Lowest Price in

2009

Rs.

113.56

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

168.33

Preference Shares(%)

Investment Yield%

Production Desc

Units

Tractors

12

Capacity

Actual Production

30,000

30,351

Numbers

Atlas Battery Ltd.

D/181, Central Avenue, S.I.T.E., Karachi-75730.

Management

Banker

Mr. Yusuf H. Shirazi(Chairman)

Atlas Bank Ltd.

Mr. Talha Saad(Chief Executive)

Habib Bank Ltd.

Mr. Javaid Anwar(Director)

MCB Bank Ltd.

Mr. Aitzaz Shahbaz(Director)

National Bank Of Pakistan

Mr. Hiroshi Tateiwa(Director)

The Bank Of Tokyo-Mitsubishi Ltd.

Mr. Muhammad Atta Karim(Director)

Bank Alflah Limited

Mr. Muhammad Iqbal(Director)

Allied Bank Ltd.

Auditor
M/s. Hameed Chaudhri & Co.

Date of Annual General Meeting

29th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

144.00
155.00

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

100

Lowest Price in

2009

Rs.

63.60

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

103.70

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Battery product

367

12

Actual Production

Atlas Engineering Ltd. (Allwin Engineering Industries Ltd.)

15th Mile, National Highway, Landhi, Karachi-75120.

Management

Banker

Auditor

Mr. Yusuf H. Shirazi(Chairman)

Habib Bank Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Mohammad Atta Karim(Director)

MCB Bank Ltd.

Mr. H. Masood Sohail(Director)

National Bank Of Pakistan

Mr. Sadaqat Ali(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Ali H. Shirazi(Director)

Atlas Bank Ltd.

Mr. Jawaid Iqbal Ahmad(Director)

Bank Alflah Limited

Mr. Sohail Wajahat H. Siddiqui(Director)

Faysal Bank Ltd.

Date of Annual General Meeting

12th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.99

Percentage Dividend rate :

Highest Price in

2009

Rs.

35.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

8.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

16.48

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Automobile parts

Atlas Honda Ltd.

1-Mcleod Road, Lahore-54000.

Management

Banker

Mr. Yusuf H. Shirazi(Chairman)

Bank Al-Habib Ltd.

Mr. Saqib H. Shirazi(Chief Executive)

Atlas Bank Ltd.

Mr. Nurul Hoda(Director)

Deutsche Bank A.G.

Mr. Sanaullah Qureshi(Director)

United Bank Ltd.

Mr. Sherali Mundrawala(Director)

Habib Bank Ltd.

Mr. Osamu Ishikawa(Director)

MCB Bank Ltd.

Mr. Masahiro Takedagawa(Director)

National Bank Of Pakistan

Auditor
M/S Hameed Chaudhri & Co.

Date of Annual General Meeting

23rd June

, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

, 2009

Market Price as on 30/06/2009

Rs.

94.23

Percentage Dividend rate :

Highest Price in

2009

Rs.

169.57

Ordinary Shares (%)

30

Lowest Price in

2009

Rs.

55.85

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

77.26

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Multi types of products

368

Actual Production

Baluchistan Wheels Ltd.

Main RCD Highway, Hub Chowki, Distt. Lasbella, Baluchistan

Management

Banker

Mr. Muhammad Siddique Misri(Chairman)

Auditor

Faysal Bank Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Razak Haji Muhammad Bengali(Chief Execu Habib Bank Ltd.

Syed Haroon Rashid (NIT)(Director)

National Bank Of Pakistan

Mr. Irfan Ahmed Qureshi(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Muhammad Javed(Director)

Bank Al Falah Ltd.

Mr. Muhammad Irfan Ghani(Director)

Syed Zubair Ahmed (NIT)(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

28.00

Highest Price in

2009

Rs.

60.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.75

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

29.54

Preference Shares(%)

Investment Yield%

Production Desc

Units

Automative wheels

Capacity

Actual Production

850

600

Thousand units

Bela Automotives Ltd.

PLot No. 1 & 3, Mouza Pathara, Hub Chowki. Balochistan.

Management

Banker

Auditor

Mr. Abdul Mateen Allahwala(Chairman / C.E.O.) Bank Alflah Limited

M/s. Kabani Saeed Kamran Patel & Co.

Mr. Anwar Iqbal(Director)

Atlas Bank Ltd.

Mr. Imran Mateen(Director)

Habib Bank Ltd.

Mr. Omer Mateen Allahwala(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mrs. Farnaz Anwar(Director)

Allied Bank of Pakistan Ltd.

Mrs. Moniza Imran(Director)

National Bank of Pakistan

Mrs. Nelofer Mateen(Director)

MCB Bank Ltd.

Date of Annual General Meeting

31st December , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.57

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.14

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Automobile parts

369

Actual Production

Bolan Castings Ltd.

Main RCD Highway, Tehsil: Hub Chowki, District: Lasbella, Balochistan.

Management

Banker

Mr. Sikandar M. Khan(Chairman)

Habib Bank Ltd.

Mr. Shahid A. Hakim(Chief Executive)

RBS Bank Ltd.

Mr. Latif Khalid Hashmi(Director)

Bank Alfalah Ltd.

Mr. Sohail Bashir Rana(Director)

MCB Bank Ltd.

Mr. Laeeq Uddin Ansari(Director)

Dubai Islamic Bank

Mian Mohammad Saleem(Director)

JS Bank Ltd.

Auditor
M/s. Ford, Rhodes, Sidat Hyder & Co.

Mr. Mujtaba Ahmed(Director)

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.00

Highest Price in

2009

Rs.

64.56

Lowest Price in

2009

Rs.

22.00

Average Price in

2009

Rs.

43.28

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

20

Preference Shares(%)

Investment Yield%

Production Desc

Units

Casting of steel and iron

Capacity

Actual Production

13,200

14,335

M. Tons

Crescent Steel & Allied Products Ltd.

BOP Tower,10-B, Block E-2, Main Boulevard, Gulberg-III, Lahore.

Management

Banker

Auditor

Mr. Mazhar Karim(Chairman)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Ahsan M. Saleem(Chief Executive)

Meezan Bank Ltd.

Mr. Javed Iqbal(Director)

Allied Bank Ltd.

Mr. Muhammad Abdul Aleem(Director)

MCB Bank Ltd.

Mr. Mohammad Anwar(Director)

HSBC Bank Middle East Ltd.

M/s. Taseer Hadi & Co.

Mr. Nasir Shafi(Director)

Mr. S. M. Ehtisamullah(Director)
Date of Annual General Meeting

31st August , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.97

Percentage Dividend rate :

Highest Price in

2009

Rs.

61.12

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.60

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

29.58

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Steel pipe

M.Tons

Coating outside surface of steel pipe

Square meters

Cotton spindles

M.Tons

Capacity

370

Actual Production

30,000

14,368

600,000

585,651

16,000

15,201

Dadex Eternit Ltd.

Dadex House, 34-A/1, Block 6, PECHS, Shahrah-e-Faisal, Karachi-75400.

Management

Banker

Mr. Abu Talib H.K. Dada(Chairman)

Habib Bank Ltd.

Mr. Maqbool H.H. Rahimtoola(Director)

Habib Metropolitan Bank Limted

Mr. Zulfiqar Ali Lakhani(Director)

HSBC Bank Middle East Limited

Mr. Samad Dada(Director)

KASB Bank Ltd.

Mr. Jahangir Siddiqui(Director)

MCB Bank Ltd.

Mr. Qazi Sajid Ali(Director)

National Bank Of Pakistan

Mr. Shahzad M. Husain(Director)

Oman International Bank S.A.O.G.

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

79.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

127.60

Ordinary Shares (%)

Lowest Price in

2009

Rs.

63.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

95.75

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Different cc & uPVC pressure pipes,

polydex and polythylene pipes etc.

Dewan Automotive Engineering Ltd. (Allied Motors Ltd.)

Finance & Trade Centre, Block-A, 7th Floor, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chairman / NIB Bank Ltd.

M/s. Faruq Ali & Co.

Dewan Abdullah Ahmed(Managing Director)

My Bank Ltd.

Dewan Abdul Rehman Farooqui(Director)

The Bank Of Punjab

Dewan Asim Mushtaq Farooqui(Director)

The Royal Bank of Scotland Ltd.

Mr. Haroon Iqbal(Director)

KASB Bank Ltd.

Dewan Abdul Baqi Farooqui(Director)

MCB Bank Ltd.

Mrs. Hina Yousuf Farooqui(Director)

Habib Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.79

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.87

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Tractors

Numbers

6,000

10

Motorcycles

Numbers

60,000

6,858

371

Dewan Farooque Motors Ltd.

7th Floor, Block-A, Finance & Trade Centre, Off. Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan Mohammad Yousuf Farooqui(Chairman / RBS Bank Ltd.

Dewan Asim Mushtaq Farooqui(Director)

M/S Feroz Sharif Tariq & Co.

Allied Bank Of Pakistan Ltd.

Dewan Abdullah Ahmed Swaleh Farooqui(Mana Askari Bank Ltd.

Mr. Haroon Iqbal(Director)

Bank Alfalah Ltd.

Dewan Abdul Baqi Farooqui(Director)

KASB Bank Ltd.

Mrs. Hina Yousuf(Director)

Habib Bank Ltd.

Mr. Aziz-ul-Haque(Director)

Meezan Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.68

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.27

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Automobiles

Capacity

Actual Production

10,000

2,323

Numbers

Dost Steels Ltd.

Plot No. 222, Sector-39, Korangi Creek Industrial Area, Karachi.

Management

Banker

Mr. Jamal Iftakhar(Chairman/ C.E.)

M/s. Haroon Zakaria & Co.

Mr. Zahid Iftakhar(Director)

Faysal Bank Ltd.

Mr. Faisal Zahid(Director)

National Bank of Pakistan.

Mr. Bilal Jamal(Director)

NIB Bank Ltd.

Mr. Hamza Raees(Director)

Askari Commercial Bank Ltd.

Mr. Saad Zahid(Director)

Bank Of Khyber

Mr. Mustafa Jamal(Director)

The Royal Bank of Scotland

Auditor

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.34

Percentage Dividend rate :

Highest Price in

2009

Rs.

21.63

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.85

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

10.88

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Determined

372

Capacity

Actual Production

Exide Pakistan Ltd.

A-44, Hill Street, Off. Manghopir Road, S.I.T.E, Karachi-75700

Management

Banker

Auditor

Mr. Arif Hashwani(Chairman)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Arshad Shehzada(M.D. / C.E.O.)

Askari Bank Ltd.

Mr. S. Haider Mehdi(Director)

United Bank Ltd.

Mr. Hussain Hashwani(Director)

Habib Bank Ltd.

Mr. Mohammad Asif(Director)

Oman International Bank S.A.O.G.

Mr. S.M. Faiq(Director)

MCB Bank Ltd.

Mr. Altaf Hashwani(Director)

Citi Bank N. A.

M/s. A. F. Ferguson & Co.

Date of Annual General Meeting

30th June

, 2009

Face Value

Rs.

10.00

Year Ending :

31st March

, 2009

Market Price as on 31/03/2009

Rs.

110.27

Highest Price in

2009

Rs.

232.00

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

65.00

Ordinary Shares Bonus (%)

50

Average Price in

2009

Rs.

131.31

Preference Shares(%)

Investment Yield%

Production Desc

Units

Chemicals for battery

Capacity

Actual Production

33,000

32,533

M. Tons

General Tyre & Rubber Co. Ltd.

H-23/2, Landhi Industrial Trading Estate, Landhi, Karachi.

Management

Banker

Lt. Gen. (R) Ali Kuli Khan Khattak(Chairman)

Auditor

Allied Bank Of Pakistan Ltd.

M/s. Hameed Chaudhri & Co.

Mr. Muhammad Shahid Hussain(Chief Executive United Bank Ltd.

M/s. A. F. Ferguson & Co.

Mr. Irfan Siddiqui(Director)

Askari Commercial Bank Ltd.

Mr. Manzoor Ahmed(Director)

MCB Bank Ltd.

Mr. Firasat Ali(Director)

Meezan Bank Ltd.

Mr.Ahmed Kuli Khan Khattak(Director)

Bank Al-Habib Ltd.

Mr. Mazhar Sharif(Director)

Faysal Bank Limited

Date of Annual General Meeting

29th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.15

Percentage Dividend rate :

Highest Price in

2009

Rs.

39.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.11

Preference Shares(%)

Investment Yield%

Production Desc
Automible tyre sets

, 2009

Units

Capacity

Actual Production

Number of units

1,726,063

1,329,839

373

Ghandhara Industries Ltd.

Plot No. F-3, Hub Chowki Road, S.I.T.E., P.O.Box No. 2706, Karachi.

Management

Banker

Auditor

Mr. Raza Kuli Khan Khattak(Chairman)

Bank Al Habib Ltd.

Faysal Bank Ltd.

Mr. Ahmad Kuli Khan Khattak(Chief Executive)

Soneri Bank Ltd.

M/S Hameed Chaudhri & Co.

Lt. Gen.(Retd.) Ali Kuli Khan Khattak(Director)

NIB Bank Ltd.

Mr. Jamil Ahmed Shah(Director)

The Bank of Tokyo - Mitsubishi UFJ, Ltd.

Dr. Parvez Hassan(Director)

National Bank Of Pakistan

Ch. Sher Muhammad(Director)

The Bank of Khyber

Mr. Mushtaq Ahmed Khan (FCA)(Director)

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

27.03

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.71

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Heavy automative vehicles

Ghandhara Nissan Ltd.

Ghandhara House 109/2, Clifton, Karachi.

Management

Banker

Mr. Raza Kuli Khan Khattak(Chairman)

Auditor

Allied Bank Of Pakistan Ltd.

M/s. Hameed Chaudhri & Co.

Lt. Gen. (Retd.) Ali Kuli Khan Khattak(President) Deutsche Bank AG

M/s. Muniff Ziauddin & Co.

Mr. Ahmed Kuli Khan Khattak(Chief Executive)

Askari Commercial Bank Ltd.

Ch. Sher Mohammad(Director)

MCB Bank Ltd.

Mr. Jamil A. Shah(Director)

The Bank Of Tokyo-Mitsubishi Ltd.

Mr. Ikramul Majeed Sehgal(Director)

The Hong Kong & Shanghai Banking Corporation

Syed Haroon Rashid(Director)

Bank Alflah Limited

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.35

Percentage Dividend rate :

Highest Price in

2009

Rs.

24.85

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.05

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.11

Preference Shares(%)

Investment Yield%

Production Desc
Automobile assembling

, 2009

Units
Units

374

Capacity

Actual Production

6,000

1,221

Ghani Automobiles Industries Ltd.

50-L, Model Town, Lahore.

Management

Banker

Auditor

Mr. Imtiaz Ahmad Khan(Chairman)

Allied Bank Ltd.

Dawood Islamic Bank Ltd.

Mr. Anwaar Ahmed Khan(Dy. Chief Executive)

Habib Bank Ltd.

M/s. Hassan Farooq & Co.

Mrs. Reema Anwaar(Director)

Albaraka Islamic Bank

Mr. Aftab Ahmed Khan(Director)

Soneri Bank Ltd.

Mrs. Ayesha Aftab(Director)

Meezan Bank Ltd.

Mr. Juniad Ghani(Director)

Habib Metropolitan Bank Ltd.

Mr. Obaid Ghani(Director)

Bank Al-Falah Ltd.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

45.47

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

25,000

7,028

Motorcycles

Hinopak Motors Ltd.

Plot No. D-2, Manghopir Road (P.O.Box No.10714), S.I.T.E., Karachi

Management

Banker

Auditor

Mr. Kunwar Idris(Chairman)

Allied Bank Of Pakistan Ltd.

M/S A. F. Ferguson & Co.

Mr. Hideya Iijima(M.D. / C.E.O.)

National Bank Of Pakistan

Mr. Takeshi Ito(Deputy M.D.)

Habib Metorpolitan Bank Ltd.

Mr. Fasihul Karim Siddiqi(Director)

The Bank Of Tokyo-Mitsubishi Ltd.

Mr. Shiniji Fujimoto(Director)

Braclays Bank Ltd.

Mr. Hirofumi Wachi(Director)

Bank Alflah Limited

Mr. Mohammad Irfan Shaikh(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

29th May

, 2009

Face Value

Rs.

10.00

Year Ending :

31st March

, 2009

Market Price as on 31/03/2009

Rs.

176.10

Highest Price in

2009

Rs.

523.01

Lowest Price in

2009

Rs.

139.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

331.01

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

17.5

Units

Capacity

Actual Production

Chassis of automobiles

Numbers

6,000

4,152

Bodies of automobiles

Numbers

1,800

1,747

375

Honda Atlas Cars (Pakistan) Ltd.

1-Mcleod Road, Lahore

Management

Banker

Mr. Yusuf H. Shirazi(Chairman)

RBS Bank Ltd.

Mr. Atsushi Yamazaki(President / C.E.O.)

Askari Bank Ltd.

Mr. Aamir H. Shirazi(Director)

Citibank N.A.

Mr. Fumihiko Ike(Director)

Deutsche Bank A.G.

Mr. Jawaid Iqbal Ahmed(Director)

Habib Bank Ltd.

Mr. Masahiro Takedagawa(Director)

MCB Bank Ltd.

Mr. Yukimitsu Miyagi(Director)

National Bank Of Pakistan

Auditor
M/S A. F. Ferguson & Co.

Date of Annual General Meeting

15th June

, 2009

Face Value

Rs.

10.00

Year Ending :

31st March

, 2009

Market Price as on 31/03/2009

Rs.

24.49

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.35

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.95

Preference Shares(%)

Investment Yield%

Production Desc

Units

Motor Vehicles

Capacity

Actual Production

50,000

12,780

Number

Huffaz Seamless Pipe Industries Ltd.

207-210, 2nd Floor, Mashriq Centre, Block-14,Gulshan-e-Iqbal, Karachi-75300

Management

Banker

Mr. Arshad Ahmed(Chairman)

Silk Bank Ltd.

Hafiz Abdul Majid(Chief Executive)

Royal Bank of Scotland

Hafiz Abdul Haseeb(Director)

MCB Bank Ltd.

Hafiz Abdul Sami(Director)

Meezan Bank Ltd.

Hafiz Abdul Waheed(Director)

Soneri Bank Ltd.

Hafiz Abdul Aleem(Director)

Citi Bank Ltd.

Auditor
M/s. S.M. Suhail & Co.

Mrs. Fareeda Majid(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

30.38

Percentage Dividend rate :

Highest Price in

2009

Rs.

69.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

25.75

Average Price in

2009

Rs.

39.76

Ordinary Shares Bonus (%)

, 2009

30

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Seamless tubular products & shafting.

M. Tons

62,000

13,446

Machinery & machinery components

M. Tons

3,500

453

376

Indus Motor Company Ltd.

Plot No. NWZ/1/P-1, Port Qasim Industrial Estate, Bin Qasim, Karachi.

Management

Banker

Mr. Ali S. Habib(Chairman)

Bank Al-Habib Ltd.

Mr. Parvez Ghias(Chief Executive)

The Royal Bank of Scotland Ltd.

Mr. Koji Hyodo(Vice Chairman)

Askari Commercial Bank Ltd.

Mr. Farhad Zulficar(Director)

Bank Of Tokyo - Mitsubishi Ltd.

Mr. Ilyas Suri(Director)

Soneri Bank Ltd.

Mr. Mohammadali R.Habib(Director)

HSBC Bank Middle East Ltd.

Mr. Yutaka Arae(Director)

MCB Bank Ltd.

Auditor
M/s. A. F. Ferguson & Co.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

107.72

Highest Price in

2009

Rs.

198.05

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

50.40

Ordinary Shares Bonus (%)

100

Average Price in

2009

Rs.

125.26

Preference Shares(%)

Investment Yield%

Production Desc

Units

Production of cars

Capacity

Actual Production

53,040

34,298

Number

International Industries Ltd.

101, Beaumont Plaza, 10,Beaumont Road, Karachi-75530.

Management

Banker

Auditor

Mr. J. R. Rahim(Chairman)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Towfiq H. Chinoy(M.D. / C.E.O.)

NIB Bank Ltd.

Mr. Faud Azim Hashmi(Director)

MCB Bank Ltd.

Mr. K M. M. Shah(Director)

Soneri Bank Ltd.

Mr. Kamal A. Chinoy(Director)

Bank Al-Habib Limited

Mr. Kemal Shoaib (NIT)(Director)

HSBC Bank Middle East Ltd.

Mr. Zafar A. Khan(Director)

Habib Bank Limited

KPMG Taseer Hadi & Co.

Date of Annual General Meeting

31st August , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

45.09

Highest Price in

2009

Rs.

124.21

Lowest Price in

2009

Rs.

37.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

75.23

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

22.5

Units

Capacity

Actual Production

Polyethylen pipe

M. Tons

8,000

3,557

Pipe

M. Tons

312,000

138,728

Galvanizing

M. Tons

150,000

65,030

377

Johnson & Philips (Pakistan) Ltd.

C-10 South Avenue, S.I.T.E. Karachi-75700

Management

Banker

Mr. Shehryar Saeed(Chairman / C.E.O.)

Soneri Bank Ltd.

Ms. Marium Shafi(Director)

Habib Bank Ltd.

Ms. Zainab Qureshi(Director)

Silk Bank Ltd.

Mr.Sardar Adnan Ahmed Khan(Director)

My Bank Ltd.

Auditor
M/s. Riaz Ahmad, Saqib, Gohar & Co.

Mr. Naushad Ali Qassim Ali(Director)

Mr. Farooq A. Khan(Director)
Mr. Zaheer A. Khan(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

57.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

14.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

29.87

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Engineering products

KSB Pumps Company Ltd.

16/2 Sir Agha Khan Road, Lahore-54000.

Management

Banker

Dr. Agus Lee(Chairman)

Bank Al Falah Ltd.

Mr. Muhammad Masud Akhtar(M.D. / C.E.O.)

NIB Bank Ltd.

Mr. Jan Stoop(Director)

MCB Bank Ltd.

Mr. Aizaz Sarfraz(Director)

Natioanl Bank of Paksitan

Mr. Hasan Aziz Bilgrami (NIT)(Director)

Deutsche Bank A.G.

Mr. Sajid Mahmood Awan(Director)

United Bank Ltd.

Auditor
M/S A. F. Ferguson & Co.

Mr. R. D. Ahmad(Director)
Date of Annual General Meeting

30th April

Year Ending :

31st December , 2009

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

75.02

Highest Price in

2009

Rs.

198.05

Lowest Price in

2009

Rs.

69.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

133.58

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Power driven pumps

35

Units
No.s'

378

Capacity

Actual Production

6,000

3,501

Metropolitan Steel Corporation Ltd.

Plot No. HE-1, Landhi Industrial Area, Karachi

Management

Banker

Mr.Mehmood Ali Mehkri(Chairman)

Auditor

Habib Bank Ltd.

M/s. Anjum Asim Shahid Rahman & Co.

Engr. Syed Asghar Jamil Rizvi(Chief Execuative National Bank Of Pakistan

Muhammad Shakir(Director)

The Royal Bank of Scotland Ltd.

Mr.Khwaja Maudood Ahmed(Director)

United Bank Ltd.

Mrs. Uzma Mehmood Ali Mehkri(Director)

Mrs. Safia Shakir(Director)
Mr. Abdul Razzaq Noor(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.09

Percentage Dividend rate :

Highest Price in

2009

Rs.

73.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.39

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

36.40

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Wire rod and bar mill

M. Tons

75,000

15,356

Mild steel wires

M. Tons

27,000

8,139

Special steel wires

M. Tons

9,000

1,038

Millat Tractors Ltd.

9 K.M. Sheikhupura Road, Shahdara, Lahore.

Management

Banker

Auditor

Mr. Sikandar Mustafa Khan(Chairman)

RBS Bank Ltd.

M/S A. F. Fergusan & Co.

Mr. Laeeq-u-ddin Ansari(Chief Executive)

Bank Alfalah Ltd.

Mr. Sohail Bashir Rana(Director)

Habib Bank Ltd.

Rana Mohammad Siddique(Director)

MCB Bank Ltd

Mian Mohammad Saleem(Director)

Meezan Bank Ltd.

Mr. Latif Khalid Hashmi(Director)

United Bank Ltd.

Mr. S. M. Tanvir (MCB)(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

279.24

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

302.00

Ordinary Shares (%)

450

Lowest Price in

2009

Rs.

120.54

Ordinary Shares Bonus (%)

25

Average Price in

2009

Rs.

199.90

Preference Shares(%)

Production Desc
Tractors

Investment Yield%

Units
Units

379

24

Capacity

Actual Production

30,000

30,244

Pak Elektron Ltd.

17- Aziz Avenue, Canal Bank, Gullberg-V, Lahore.

Management

Banker

Mr. M. Naseem Saigol(Chairman / C.E.O.)

Bank of Khyber

Mr. M. Azam Saigol(Director)

Saudi Pak Commercial Bank Ltd.

Mr. Rizwan Hameed (NBP)(Director)

Faysal Bank Ltd.

Mr. Haroon Ahmad Khan(Managing Director)

National Bank of Pakistan

Mr. Muhammad Murad Saigol(Director)

Deutsche Bank

Mr. Muhammad Zeid yousaf Saigol(Director)

Bank of Punjab

Mr. Muhammad Rafi Khan(Director)

Bank Alfalah Ltd.

Auditor
M/S M. Yousaf Adil Saleem & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

24.51

Highest Price in

2009

Rs.

60.99

Lowest Price in

2009

Rs.

22.72

Average Price in

2009

Rs.

40.04

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

10

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

70,000

MVA

3,000

2,466

Numbers

4,500

4,046

Television

Numbers

Transformers
Switchgears

Pak Suzuki Motor Company Ltd.

DSU-13, Pakistan Steel Industrial Estate, Bin Qasim, Karachi.

Management

Banker

Mr. Hirofumi Nagao(Chairman / C.E.O.)

RBS Bank Ltd.

Mr. Satoshi Ina(Deputy M.D.)

Habib Bank Ltd.

Mr. Hidekazu Terada(Director)

Bank Alfalah Ltd.

Mr. Kenichi Ayukawa(Director)

Bank Al-Habib Ltd.

Mr. Mumtaz Sheikh(Director)

Citibank N.A.

Mr. M.R.Monem(Director)

MCB Bank Ltd.

Mr. Jamil Ahmed(Director)

Faysal Bank Ltd.

Date of Annual General Meeting

19th April

Year Ending :

31st December , 2009

Auditor
M/s. Ernst & Young Ford Rhodes Sidat Hyder

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

88.96

Highest Price in

2009

Rs.

108.24

Lowest Price in

2009

Rs.

36.92

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

72.98

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

Units

Capacity

Actual Production

All models of cars

Units

150,000

51,032

Motorcycles

Units

37,000

14,530

380

Pakistan Cables Ltd.

Plot No.B/21, Sindh Industrial Trading Estate, Manghopir Road , Karachi-75700.

Management

Banker

Auditor

Mr. Towfiq H. Chinoy(Chairman)

Oman International Bank.

KPMG Taseer Hadi & Co.

Mr. Kamal A. Chinoy(Chief Executive)

MCB Bank Ltd.

Mr. Mustapha A. Chinoy(Director)

NIB Bank Ltd.

Mr. Saquib H. Shirazi(Director)

Habib Bank Ltd.

Mr. Haroun Rashid(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Syed Naeem Ahmed(Director)

HSBC Bank Middle East Ltd.

Mr. Shahpur Channah(Director)

Bank Al Habib Ltd.

Date of Annual General Meeting

28th September, 2009

Face Value

Rs.

Year Ending :

20th June

Market Price as on 20/06/2009

Rs.

34.04

Highest Price in

2009

Rs.

120.81

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

22.5

10.00

Lowest Price in

2009

Rs.

2.24

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

46.67

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Electric and telecom cables

Pakistan Engineering Company Ltd.

6-Ganga Ram Trust Building, Shahrah-e-Quaid-e-Azam, Lahore

Management

Banker

Mr. Ghulam Rasool Ahpan(Chairman)

National Bank Of Pakistan

Mr. M. Imtiaz-ur-Rehman(Chief Executive)

Arif Habib Bank Ltd.

Mr. Khizar Hayat Khan(Director)

United Bank Ltd.

Auditor
M/s.. Fazal Mahmood & Co.

Mr. Muhammad Arif Habib(Director)

Mr. Rashid Ali Khan(Director)
Mr. Liaquat Mohammad(Director)
Mr. Mohammah Shabir Malik(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

171.85

Highest Price in

2009

Rs.

396.15

Lowest Price in

2009

Rs.

99.59

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

182.24

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

125

Units

Capacity

Actual Production
371

Pumps / Turbines

No.

3,400

Electric Motors

No.

16,500

273

Rolled Materials

Tons

80,000

1,343

381

Pakistan Telephone Cables Ltd.

18th Mile RCD Highway, 27/3/2 Mouza Bairut, Teshil Hub, District: Lasbella , Balochistan.

Management

Banker

Auditor

Mr. Raza Abdul Aziz Al-Raee(Chairman / C.E.O. Bank Al-Falah Ltd.

Mr. Aijaz Abdul Aziz Al-Raee(Director)

Habib Bank Ltd.

Mr. Riyadh Abdul Aziz Al-Rahee(Director)

KASB Bank Ltd.

Mrs. Rabia Barkat Ali(Director)

NIB Bank Ltd.

Mr. Abdullah Razal Aziz Al-Raee(Director)

Soneri Bank Ltd.

M/s.Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Mrs. Sumiah Saeed-ur-Rehman(Director)

Mrs. Asma Hafeez Al-Raee(Director)
Date of Annual General Meeting

28th November , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.87

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.32

Preference Shares(%)

Investment Yield%

Production Desc
Telephone cables

, 2009

10.00

Units

Capacity

Actual Production

Kilometers

2,500,000

Sazgar Engineering Works Ltd.

171-Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore.

Management

Banker

Mrs. Saira Hameed(Chairperson)

Allied Bank Of Pakistan Ltd.

Mian Asad Hameed(Chief Executive)

Faysal Bank Ltd.

Mr. Saeed Iqbal Khan(Director)

Habib Bank Ltd.

Mr. Ishtiaq Ahmed Roomi(Director)

National Bank Of Pakistan

Mrs. Khadija Nilofer Ishtiaq(Director)

Bank Alflah Limited

Mian Zafar Hameed(Director)

The Bank Of Punjab

Mian Mohammad Ali Hameed(Director)

Atlas Bank Ltd.

Auditor
M/s. Kabani Saeed Kamran Patel & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

23.25

Percentage Dividend rate :

Highest Price in

2009

Rs.

113.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

20.99

Average Price in

2009

Rs.

53.69

Ordinary Shares Bonus (%)

, 2009

20

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Wheel-rim

Numbers

Indeterminable

90,530

Auto-rickshaw

Numbers

Indeterminable

4,690

Panel back window

Numbers

Indeterminable

9,147

382

Siemens (Pakistan) Engineering Co. Ltd.

B-72, Estate Avenue, Sindh Industrial Trading Estates, Karachi-75700

Management

Banker

Syed .Babar Ali(Chairman)

Auditor

Habib Bank Ltd.

Ernst & Young Ford Rhodes Sidat Hydeer

Mr. Sohail Wajahat H. Siddiqui(Chief Executive) Meezan Bank Ltd.

Mr. Zahid Hussain(Director)

MCB Bank Ltd.

Mr. Joerg Steinhaeuser(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Tajammal Hussain Bokharee(Director)

Braclays Bank Ltd.

Mr. Gerhard Wilcke(Director)

The Hongkong & Shanghai Banking Corp. Ltd.

Christian Knie(Director)

The Royal Bank of Scotland Ltd.

Date of Annual General Meeting

21st December , 2009

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

1,414.50

Highest Price in

2009

Rs.

1,478.00

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

685.30

Ordinary Shares Bonus (%)

900

Average Price in

2009

Rs.

739.57

Preference Shares(%)

Investment Yield%

Production Desc

Units

12

Capacity

Actual Production

Electric motore

HP

300,000

80,845

Motors controlgears and controlboards

HP

150,000

2,675

Electric transformers

MVA

2,000

2,585

Singer Pakistan Ltd.

Plot No. 39, Sector-19, Korangi Industrial Area, korangi, Karachi.

Management

Banker

Mr. Kamal Shah(Chairman / C.E.O.)

JS Bank Ltd.

Mr. Gavin J. Walker(Director)

Soneri Bank Ltd.

Mr. Rasheed Y. Chinoy(Director)

The Bank Of Punjab

Mr. Ahmed S. Farrukh(Director)

Bank Islami Pakistan Ltd.

Mr. U. R. Usmani(Director)

United Bank Limited

Mr. Jahangir Siddiqui(Director)

The Royal Bank of Scottland Ltd.

Mr. Peter Janes O'Donnell(Director)

Citibank N.A.

Date of Annual General Meeting

30th April

Year Ending :

31st December , 2009

Auditor
KPMG Taseer Hadi & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

30.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

47.81

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.89

Average Price in

2009

Rs.

26.54

Ordinary Shares Bonus (%)

, 2010

10

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Sewing machine

Numbers

50,000

36,983

Gas appliances

Numbers

25,000

13,583

Refregrators/ deep freezers

Numbers

25,000

35,268

383

The Climax Engineering Company Ltd.

Climaxabad, G. T. Road, Distt: Gujranwala.

Management

Banker

Ch. M. A. Hameed(Chairman)

Habib Bank Ltd.

Ch. M. A. Qayyum(Chief Executive)

National Bank Of Pakistan

Ch. Zia-ul-Hameed(Director)

NIB Bank Ltd.

Ch. Abdul Salam(Director)

Standard Charterd Bank Ltd.

Auditor
M/s. Qadeer & Co.

Ch. Imtiaz A. Hameed(Director)

Ch. Mahmood Ghani Faizi(Director)
Ch. Usman Ghani Faizi(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

34.65

Ordinary Shares (%)

Lowest Price in

2009

Rs.

22.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

28.53

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Transformers

Numbers

15,000

687

Electric Fans

Numbers

100,000

24,202

Electric Motors

Numbers

20,000

146

Transmission Engineering Industries Ltd.

Plot No. B-14, Block A, Sindhi Muslim Cooperative Housing Society, Karachi.

Management

Banker

Auditor

Mr. Ausaf Hussain Agha(Chairman / C.E.O.)

Habib Metropolitan Bank Limted

M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Mr. Muhammad Aslam Khan(Deputy M.D.)

Bank Al-Habib Limited

Mr. Tausif Hussain Agha(Director)

Industrial Development Bank Of Pakistan

Mr. Asif Hussain Agha(Director)

Faysal Bank Limited

Mr.Fasih Hussain Agha(Director)

Mr. Uzair Ashir(Director)
Ms. Sabahat Agha(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.51

Highest Price in

2009

Rs.

9.94

Lowest Price in

2009

Rs.

6.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.81

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

Units

Capacity

Actual Production

Tractor Gear

Numbers

230,000

257,827

Motor cycle Gear

Numbers

324,000

Motor car (Small)

Numbers

30,000

384

Sugar & Allied Sector

Sugar Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

387

2004

2005

2006

2007

2008

2009

5002.5
3974.8
8977.3
0.0
501.5
9602.3
10103.8
19081.1

5892.8
7137.4
13030.2
152.1
128.8
10809.2
11090.1
24120.3

6206.5
9513.1
15719.6
0.0
12.5
12334.6
12347.1
28066.7

6943.0
9057.0
16000.0
0.0
0.0
13075.1
13075.1
29075.1

7334.3
9885.1
17219.4
0.0
0.0
14119.2
14119.2
31338.6

8495.3
13703.8
22199.1
0.5
988.3
12286.5
13275.3
35474.4

5164.7
7960.9
8639.9
8409.3
6429.3
7721.7
1359.8
2146.6
2394.0
2572.7
2163.2
2737.4
3804.9
5814.3
6245.9
5836.6
4266.1
4984.3
7566.8
9119.4
10846.3
12764.9
15905.6
14646.2
5608.7
7562.1
9326.6
11426.7
14189.5
13416.3
18340.2
24642.4
28812.8
32600.9
36524.4
35784.2
22900.0
30697.3
36493.9
41571.1
51540.6
52655.1
33003.8
41787.4
48841.0
54646.2
65659.8
65930.4
-4559.8
-6054.9
-7681.1
-8970.2 -15016.2 -16870.9
19225.0
25595.7
30605.9
34933.6
36353.3
36702.6
-17735.3 -22736.4 -27854.0 -33161.8 -45111.3 -44933.4
37619.3
23641.0
1445.9
41981.2

48185.7
30175.3
1826.1
54817.7

55646.6
35747.7
2023.0
64560.5

59934.3
38045.3
2798.6
70646.2

69830.5
46354.7
2657.3
82879.1

78444.9
52345.3
3079.1
88129.5

37058.8
34105.6
2953.2
34223.6
2835.2
35953.0
1882.1
1207.9
674.2
260.2
187.6
5.2

47405.3
42841.9
4563.4
41879.3
5526.0
44088.5
4120.2
1591.4
2528.8
568.2
356.2
78.8

65845.3
61707.6
4137.7
59453.8
6391.5
62351.1
4676.2
3172.4
1503.8
410.8
261.2
146.8

60386.0
55880.2
4505.8
56780.9
3605.1
59839.2
3611.7
4193.4
-581.7
343.4
223.6
135.1

77215.6
64701.9
12513.7
68784.2
8431.4
73155.1
5487.8
4896.6
591.2
425.2
521.7
177.2

78897.5
71061.7
7835.8
66857.0
12040.5
71481.4
9287.3
6411.7
2875.6
811.2
889.9
176.8

5430.6
226.4
5204.2

5039.2
1604.4
3434.8

3946.4
831.8
3114.6

1008.4
-1148.7
2157.1

2263.5
-355.7
2619.2

4135.8
1174.5
2961.3

1672.3
6876.5

3430.5
6865.3

2854.8
5969.4

1649.9
3807.0

2301.6
4920.8

4253.6
7214.9

53.0
80.1
55.6
367.6
1.6
4.2
24.3
179.5
97.0
64.2
3.3
6.3
38.6
1.9
7.5

46.0
80.3
55.6
320.7
4.6
31.8
50.0
221.1
93.0
38.6
3.4
6.2
22.5
3.1
19.4

44.0
79.0
53.4
310.7
2.3
21.1
47.8
253.3
94.7
67.8
4.8
10.4
27.3
2.0
9.6

45.0
78.4
50.9
341.5
-0.8
-113.9
43.3
230.4
99.1
116.1
6.9
12.0
-59.0
3.0
-3.6

45.1
70.9
43.3
381.3
0.7
-15.7
46.8
234.8
94.7
89.2
6.3
13.5
71.9
4.7
3.4

37.4
68.0
42.5
297.0
3.3
28.4
59.0
261.3
90.6
69.0
8.1
17.5
28.2
2.8
13.0

220.7
2.1
1.8
1.3
0.8
7.7
88.3
-360.0
1.4
17.9

550.4
2.7
5.3
4.3
3.3
7.5
86.5
230.8
27.9
22.1

418.5
1.7
2.3
2.4
1.8
6.8
102.0
-44.2
38.9
25.3

-413.7
1.4
-1.0
-0.8
-1.3
8.0
85.5
-133.3
-8.3
23.0

31.8
3.0
0.8
0.8
0.2
6.6
93.2
-200.0
27.9
23.5

232.0
4.0
3.6
3.4
2.4
6.1
89.5
325.0
2.2
26.1

Sugar & Allied Industries

Operating, Financial & Investment Ratios

450
400
350
300
250
200
150
100
50
0
2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Abdullah Shah Ghazi Sugar Mills Ltd.(Al-Asif Sugar Mills Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

389

(Million Rupees)

2004

2005

2006

2007

2008

2009

146.7
-813.5
-666.8
0.0
18.7
741.3
760.0
93.2

146.7
-816.3
-669.6
0.0
0.0
109.7
109.7
-559.9

146.7
-842.4
-695.7
0.0
0.0
0.0
0.0
-695.7

146.7
-866.5
-719.8
0.0
0.0
0.0
0.0
-719.8

146.7
-725.7
-579.0
0.0
0.0
0.0
0.0
-579.0

146.7
-631.5
-484.8
0.0
0.0
0.0
0.0
-484.8

1.5
1.5
0.0
69.7
1.7
72.9
345.7
1105.7
-272.8
851.9
-344.2

0.1
0.1
0.0
154.3
0.0
154.4
1110.5
1220.2
-956.1
179.9
-1110.4

3.0
3.0
0.0
113.5
0.0
116.5
1205.4
1205.4
-1088.9
0.0
-1202.4

0.8
0.8
0.0
73.9
0.0
74.7
1179.0
1179.0
-1104.3
3.0
-1178.2

11.2
11.2
0.0
79.9
0.0
91.1
1065.4
1065.4
-974.3
0.0
-1054.2

59.9
59.9
0.0
167.9
109.7
337.5
1395.0
1395.0
-1057.5
0.0
-1335.1

705.0
365.9
22.8
438.8

756.1
396.1
21.4
550.5

774.0
393.2
20.9
509.7

785.2
384.4
19.9
459.1

815.7
395.3
20.5
486.4

1014.7
572.6
21.8
910.1

323.9
323.9
0.0
360.7
-36.8
384.7
55.0
0.3
54.7
1.4
0.0
0.0

75.4
75.4
0.0
105.2
-29.8
134.9
-10.1
0.1
-10.2
0.3
0.0
0.0

106.8
106.8
0.0
132.7
-25.9
142.4
-33.1
0.1
-33.2
0.5
0.0
0.0

123.6
123.6
0.0
141.8
-18.2
149.6
-26.0
0.1
-26.1
0.5
0.0
0.0

198.9
198.9
0.0
156.7
42.2
175.6
152.5
13.9
138.6
0.0
0.0
0.0

728.1
728.1
0.0
560.5
167.6
592.0
136.1
40.5
95.6
3.6
0.0
0.0

698.3
53.3
645.0

-653.1
-10.5
-642.6

-135.8
-33.7
-102.1

-24.1
-26.6
2.5

140.8
138.6
2.2

94.2
92.0
2.2

76.1
721.1

10.9
-631.7

-12.8
-114.9

-6.7
-4.2

159.1
161.3

113.8
116.0

815.5
21.1
20.6
12.5
7.6
10.6
-454.5
118.8
0.5
0.1
0.0
2.6
0.0
-

13.9
13.9
-1.9
-456.4
178.9
0.1
0.1
0.0
-

0.0
9.7
9.7
0.0
-6.5
24.8
11.1
-474.2
133.3
-0.3
0.1
0.0
-1.5
0.0
0.0

0.0
6.3
6.3
0.0
-5.7
110.4
159.5
-490.7
121.0
-0.4
0.1
3.3
-1.9
0.0
0.0

0.0
8.6
8.6
0.0
28.5
98.4
98.6
-394.7
88.3
9.1
7.0
0.0
0.0
0.0
0.0

0.0
24.2
16.3
0.0
10.5
97.7
98.1
-330.5
81.3
29.8
5.6
0.0
3.8
0.0
0.0

16.9
3.7
3.6
6.0
73.8
-237.0
-30.7
-45.5

-13.5
-0.7
-0.7
5.8
13.7
-118.9
-76.7
-45.6

0.0
0.0
-31.1
-2.3
-2.3
5.3
21.0
228.6
41.6
-47.4

0.0
0.0
-21.1
-1.8
-1.8
5.1
26.9
-21.7
15.7
-49.1

0.0
0.0
69.7
9.4
9.4
5.3
40.9
-622.2
60.9
-39.5

0.0
0.0
13.1
6.5
6.3
5.5
80.0
-30.9
266.1
-33.0

Adam Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

390

2004

2005

2006

2007

2008

2009

57.6
63.5
121.1
0.0
0.0
45.0
45.0
166.1

57.6
82.4
140.0
0.0
0.0
32.9
32.9
172.9

57.6
589.4
647.0
0.0
0.0
18.4
18.4
665.4

57.6
348.3
405.9
0.0
0.0
23.8
23.8
429.7

57.6
386.8
444.4
0.0
0.0
313.9
313.9
758.3

57.6
409.0
466.6
0.0
0.0
55.3
55.3
521.9

90.6
90.6
0.0
206.1
29.5
326.2
452.8
497.8
-126.6
163.3
-362.2

28.1
28.1
0.0
76.7
242.4
347.2
460.3
493.2
-113.1
147.3
-432.2

18.7
18.7
0.0
98.9
289.6
407.2
495.2
513.6
-88.0
187.8
-476.5

21.3
21.3
0.0
108.8
267.3
397.4
710.5
734.3
-313.1
260.2
-689.2

46.1
46.1
0.0
297.9
173.8
517.8
560.0
873.9
-42.2
662.0
-513.9

55.1
55.1
0.0
86.5
284.7
426.3
750.9
806.2
-324.6
124.6
-695.8

0.0
292.7
0.0
618.9

493.8
286.1
16.8
633.3

1000.3
753.5
40.3
1160.7

1027.9
742.8
38.7
1140.2

1124.7
800.5
39.0
1318.3

1210.3
846.5
41.5
1272.8

637.7
637.7
0.0
558.8
78.9
582.8
58.7
15.1
43.6
2.9
0.0
0.0

615.3
615.3
0.0
543.2
72.1
571.2
44.1
21.1
23.0
1.7
2.8
0.0

901.8
901.8
0.0
868.8
33.0
897.2
72.3
30.5
41.8
0.0
0.0
0.0

604.7
604.7
0.0
728.6
-123.9
753.4
-146.8
25.9
-172.7
2.6
0.0
0.0

1042.3
1017.9
24.4
904.1
138.2
939.3
105.0
41.6
63.4
0.3
0.0
0.0

1157.0
1157.0
0.0
887.5
269.5
936.0
242.7
57.8
184.9
5.8
5.8
0.0

52.6
40.7
11.9

6.8
18.5
-11.7

492.5
41.8
450.7

-235.7
-175.3
-60.4

328.6
63.1
265.5

-236.4
173.3
-409.7

40.7
52.6

35.3
23.6

82.1
532.8

-136.6
-197.0

102.1
367.6

214.8
-194.9

27.1
72.0
65.5
411.1
7.0
77.4
77.4
210.2
91.4
25.7
2.4
9.2
6.7
19.7
36.0

19.0
75.4
22.8
352.3
3.6
272.1
149.6
243.1
92.8
47.8
3.4
14.3
7.4
0.0
16.4

2.8
82.2
23.7
79.4
3.6
8.5
15.4
1123.3
99.5
42.2
3.4
16.2
0.0
0.3
6.5

5.5
55.9
18.3
180.9
-15.1
74.4
69.3
704.7
124.6
-17.6
4.3
10.0
-1.5
0.0
-42.5

41.4
92.5
61.4
196.6
4.8
19.2
27.8
771.5
90.1
39.6
4.0
6.3
0.5
19.0
14.3

10.6
56.8
18.9
172.8
14.5
-73.3
-110.2
810.1
80.9
23.8
5.0
46.4
3.1
0.0
39.6

0.0
6.8
7.6
7.1
0.0
103.0
744.4
-22.4
21.0

760.7
2.0
3.7
4.0
3.7
5.7
97.2
-47.4
-3.5
24.3

0.0
0.0
4.6
7.3
7.3
14.1
77.7
82.5
46.6
112.3

0.0
0.0
-28.6
-30.0
-30.4
5.1
53.0
-511.0
-32.9
70.5

0.0
0.0
6.1
11.0
11.0
5.3
79.1
-136.7
72.4
77.2

3087.9
1.2
16.0
32.1
31.1
5.2
90.9
191.8
11.0
81.0

Al-Abbas Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

391

2004

2005

2006

2007

2008

2009

173.6
461.7
635.3
0.0
221.1
0.0
221.1
856.4

173.6
562.7
736.3
0.0
0.0
0.0
0.0
736.3

173.6
478.7
652.3
0.0
0.0
93.2
93.2
745.5

173.6
551.3
724.9
0.0
0.0
18.6
18.6
743.5

173.6
696.2
869.8
0.0
0.0
1078.3
1078.3
1948.1

173.6
935.6
1109.2
0.0
0.0
875.0
875.0
1984.2

15.7
15.7
0.0
323.3
534.3
873.3
948.0
1169.1
-74.7
296.0
-932.3

6.7
6.7
0.0
231.4
555.9
794.0
944.9
944.9
-150.9
300.5
-938.2

10.9
10.9
0.0
211.9
612.5
835.3
932.9
1026.1
-97.6
623.3
-922.0

63.2
32.4
30.8
295.1
301.0
659.3
719.5
738.1
-60.2
372.1
-656.3

94.8
48.4
46.4
554.8
1036.2
1685.8
1820.6
2898.9
-134.8
1731.9
-1725.8

60.6
12.5
48.1
526.2
813.8
1400.6
1731.9
2606.9
-331.3
1563.0
-1671.3

1356.0
931.0
69.4
1804.3

1384.2
887.3
71.9
1681.3

1388.6
843.1
68.2
1678.4

1429.9
803.9
63.3
1463.2

2855.3
2082.8
120.5
3768.6

5479.5
2315.6
145.2
3716.2

1423.4
785.2
638.2
1090.0
333.4
1186.2
242.9
31.6
211.3
6.7
60.8
0.0

1845.7
1117.0
728.7
1651.7
194.0
1751.4
107.1
36.6
70.5
8.7
60.8
0.0

2514.3
1702.7
811.6
2316.2
198.1
2415.3
103.9
72.3
31.6
11.7
0.0
0.0

2842.3
1387.8
1454.5
2590.8
251.5
2751.7
257.1
83.8
173.3
13.4
0.0
0.0

2931.1
1476.6
1454.5
2719.1
212.0
2881.2
209.3
105.0
104.3
45.2
26.0
0.0

4167.0
2517.7
1649.3
3381.4
785.6
3593.4
608.9
271.7
337.2
21.0
69.4
0.0

72.3
143.8
-71.5

-120.1
1.0
-121.1

9.2
19.9
-10.7

-2.0
159.9
-161.9

1204.6
33.1
1171.5

36.1
246.8
-210.7

213.2
141.7

72.9
-48.2

88.1
77.4

223.2
61.3

153.6
1325.1

392.0
181.3

25.8
92.1
35.8
184.0
11.7
198.9
150.5
366.0
83.3
13.0
2.2
10.7
3.2
0.5
33.3

0.0
84.0
25.2
128.3
4.2
424.1
94.9
34.2
2.0
12.2
12.3
0.4
9.6

12.5
89.5
23.9
157.3
1.9
216.3
113.8
375.7
96.1
69.6
2.9
11.6
37.0
1.7
4.8

2.5
91.6
49.8
101.8
11.8
-7995.0
364.1
417.6
96.8
32.6
2.9
22.5
7.7
4.3
23.9

55.4
92.6
35.7
333.3
2.8
2.7
11.6
501.0
98.3
50.2
3.6
6.1
43.3
1.3
12.0

44.1
80.9
33.9
235.0
9.1
683.7
216.2
638.9
86.2
44.6
6.5
17.4
6.2
5.0
30.4

336.5
9.6
14.8
12.2
11.8
7.8
78.9
144.0
7.2
36.6

101.6
8.3
3.8
4.1
3.6
7.7
109.8
-66.4
29.7
42.4

0.0
0.0
1.3
1.8
1.1
7.7
149.8
-56.1
36.2
37.6

0.0
0.0
6.1
10.0
9.2
7.5
194.3
455.6
13.0
41.8

227.3
3.0
3.6
6.0
3.4
6.5
77.8
-40.0
3.1
50.1

455.6
6.3
8.1
19.4
18.2
6.9
112.1
223.3
42.2
63.9

Al-Noor Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

392

2004

2005

2006

2007

2008

2009

185.7
639.3
825.0
0.0
125.4
155.9
281.3
1106.3

185.7
638.5
824.2
0.0
80.0
145.3
225.3
1049.5

185.7
737.3
923.0
0.0
0.0
145.0
145.0
1068.0

185.7
681.9
867.6
0.0
0.0
395.8
395.8
1263.4

185.7
1286.4
1472.1
0.0
0.0
265.8
265.8
1737.9

185.7
1456.8
1642.5
0.0
0.0
358.0
358.0
2000.5

121.5
81.6
39.9
372.8
165.4
659.7
999.0
1280.3
-339.3
854.5
-877.5

96.8
65.1
31.7
433.4
207.5
737.7
1144.3
1369.6
-406.6
867.0
-1047.5

57.3
48.7
8.6
312.6
230.8
600.7
1005.5
1150.5
-404.8
647.9
-948.2

57.9
47.6
10.3
358.5
393.7
810.1
1074.6
1470.4
-264.5
785.4
-1016.7

124.1
86.3
37.8
378.2
1009.1
1511.4
2037.9
2303.7
-526.5
1252.3
-1913.8

251.6
107.8
143.8
259.4
963.9
1474.9
1802.2
2160.2
-327.3
1213.1
-1550.6

2270.9
1445.8
115.1
2105.5

2386.9
1456.1
108.4
2193.8

2513.0
1473.0
109.3
2073.7

2680.9
1528.0
113.7
2338.1

3345.7
2264.4
116.0
3775.8

3767.2
2327.9
169.6
3802.8

1741.0
1650.7
90.3
1537.4
203.6
1624.2
119.0
103.0
16.0
8.3
0.0
0.0

1927.9
1720.2
207.7
1630.2
297.7
1723.0
208.1
108.1
100.0
9.1
0.0
0.0

3058.1
2764.1
294.0
2642.8
415.3
2762.4
307.8
125.7
182.1
14.2
0.0
0.0

2722.4
2471.0
251.4
2395.2
327.2
2526.9
202.2
162.5
39.7
12.8
30.0
0.0

3145.2
2521.1
624.1
2582.3
562.9
2819.6
426.5
182.3
244.2
11.3
55.7
0.0

4249.9
3630.8
619.1
3567.0
682.9
3773.8
479.3
289.1
190.2
35.0
74.3
0.0

181.1
7.7
173.4

-56.8
90.9
-147.7

18.5
167.9
-149.4

195.4
-3.1
198.5

474.5
177.2
297.3

262.6
80.9
181.7

122.8
296.2

199.3
51.6

277.2
127.8

110.6
309.1

293.2
590.5

250.5
432.2

25.4
66.0
49.5
155.2
0.8
4.3
41.5
444.3
93.3
86.6
5.9
12.1
51.9
0.2
1.9

21.5
64.5
46.3
166.2
4.6
386.2
443.8
89.4
51.9
5.6
12.5
9.1
5.2
12.1

13.6
59.7
36.8
124.6
8.8
907.6
216.9
497.0
90.3
40.8
4.1
19.4
7.8
1.4
19.7

31.3
75.4
38.7
169.5
1.7
-1.6
35.8
467.2
92.8
80.4
6.0
20.7
32.2
5.3
4.6

15.3
74.2
24.6
156.5
6.5
37.3
49.7
792.7
89.6
42.7
5.8
14.6
4.6
0.4
16.6

17.9
81.8
28.4
131.5
5.0
30.8
58.0
884.5
88.8
60.3
6.8
23.8
18.4
0.0
11.6

0.0
0.9
0.9
0.4
7.6
82.7
-116.1
17.6
44.4

0.0
5.2
5.4
4.9
7.5
87.9
500.0
10.7
44.4

0.0
0.0
6.0
9.8
9.0
7.5
147.5
81.5
58.6
49.7

89.7
3.5
1.5
2.1
1.4
7.7
116.4
-78.6
-11.0
46.7

418.1
3.8
7.8
13.2
12.5
7.6
83.3
528.6
15.5
79.3

208.9
4.5
4.5
10.2
8.4
7.5
111.8
-22.7
35.1
88.4

Ansari Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

393

2004

2005

2006

2007

2008

2009

244.1
-318.3
-74.2
0.0
0.0
605.4
605.4
531.2

244.1
-273.7
-29.6
0.0
0.0
487.3
487.3
457.7

244.1
-167.8
76.3
0.0
0.0
448.5
448.5
524.8

244.1
-247.0
-2.9
0.0
0.0
406.3
406.3
403.4

244.1
-247.0
-2.9
0.0
0.0
406.3
406.3
403.4

244.1
-247.0
-2.9
0.0
0.0
406.3
406.3
403.4

127.2
127.2
0.0
93.1
91.9
312.2
611.4
1216.8
-299.2
811.8
-484.2

90.6
90.6
0.0
88.2
43.1
221.9
562.2
1049.5
-340.3
694.9
-471.6

123.6
123.6
0.0
124.6
130.8
379.0
622.6
1071.1
-243.6
680.7
-499.0

16.4
16.4
0.0
209.9
104.6
330.9
657.7
1064.0
-326.8
671.0
-641.3

16.4
16.4
0.0
209.9
104.6
330.9
657.7
1064.0
-326.8
671.0
-641.3

16.4
16.4
0.0
209.9
104.6
330.9
657.7
1064.0
-326.8
671.0
-641.3

1302.9
830.4
44.4
1142.6

1314.2
797.9
44.1
1019.8

1326.5
768.3
44.4
1147.3

1329.3
730.2
42.7
1061.1

1329.3
730.2
42.7
1061.1

1329.3
730.2
42.7
1061.1

1045.2
1045.2
0.0
1049.5
-4.3
1085.7
-38.7
54.2
-92.9
4.5
0.0
0.0

957.9
957.9
0.0
939.2
18.7
987.9
-22.1
13.6
-35.7
4.2
0.0
0.0

1574.7
1574.7
0.0
1372.5
202.2
1426.8
148.5
13.5
135.0
6.8
0.0
0.0

1580.3
1580.3
0.0
1584.8
-4.5
1641.5
-59.5
12.9
-72.4
6.9
0.0
0.0

1580.3
1580.3
0.0
1584.8
-4.5
1641.5
-59.5
12.9
-72.4
6.9
0.0
0.0

1580.3
1580.3
0.0
1584.8
-4.5
1641.5
-59.5
12.9
-72.4
6.9
0.0
0.0

-114.8
-97.4
-17.4

-73.5
-39.9
-33.6

67.1
128.2
-61.1

-121.4
-79.3
-42.1

0.0
-79.3
79.3

0.0
-79.3
79.3

-53.0
-70.4

4.2
-29.4

172.6
111.5

-36.6
-78.7

-36.6
42.7

-36.6
42.7

114.0
51.1
36.0
-8.1
-30.4
103.9
5.2
6.7
0.6
-

106.5
39.5
31.8
-3.5
-12.1
103.1
1.4
2.0
0.0
-

85.5
60.9
39.9
1403.8
11.8
191.1
154.8
31.3
90.6
9.1
0.9
2.0
5.0
0.4
176.9

100.7
50.3
34.4
0.0
-6.8
65.3
46.5
-1.2
103.9
-21.7
0.8
1.9
-9.5
5.1
0.0

100.7
50.3
34.4
0.0
-6.8
0.0
-85.7
-1.2
103.9
-21.7
0.8
1.9
-9.5
5.1
0.0

100.7
50.3
34.4
0.0
-6.8
0.0
-85.7
-1.2
103.9
-21.7
0.8
1.9
-9.5
5.1
0.0

-8.9
-3.8
-4.0
5.1
91.5
52.0
-8.8
-3.0

-3.7
-1.5
-1.6
5.3
93.9
-60.5
-8.4
-1.2

0.0
0.0
8.6
5.5
5.3
5.6
137.3
-466.7
64.4
3.1

0.0
0.0
-4.6
-3.0
-3.2
5.6
148.9
-154.5
0.4
-0.1

0.0
0.0
-4.6
-3.0
-3.2
5.6
148.9
0.0
0.0
-0.1

0.0
0.0
-4.6
-3.0
-3.2
5.6
148.9
0.0
0.0
-0.1

Baba Farid Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

394

2004

2005

2006

2007

2008

2009

94.5
-114.6
-20.1
0.0
0.0
185.6
185.6
165.5

94.5
-103.7
-9.2
0.0
0.0
194.3
194.3
185.1

94.5
-10.2
84.3
0.0
0.0
134.9
134.9
219.2

94.5
-164.0
-69.5
0.0
0.0
148.8
148.8
79.3

94.5
378.1
472.6
0.0
0.0
210.6
210.6
683.2

94.5
272.2
366.7
0.0
0.0
167.6
167.6
534.3

10.0
10.0
0.0
245.7
184.7
440.4
490.6
676.2
-50.2
412.5
-480.6

265.6
50.6
215.0
98.9
248.1
612.6
647.5
841.8
-34.9
664.1
-381.9

79.0
79.0
0.0
147.4
238.4
464.8
586.8
721.7
-122.0
497.5
-507.8

71.4
71.4
0.0
114.6
406.5
592.5
873.9
1022.7
-281.4
776.6
-802.5

29.4
29.4
0.0
119.7
6.5
155.6
605.1
815.7
-449.5
267.6
-575.7

7.9
7.9
0.0
124.8
4.2
136.9
681.9
849.5
-545.0
206.3
-674.0

624.5
215.9
11.5
656.3

639.8
220.0
11.1
832.6

772.1
341.1
11.4
805.9

803.8
360.6
12.2
953.1

1589.1
1132.7
13.1
1288.3

1588.7
1079.3
53.0
1216.2

456.1
456.1
0.0
432.6
23.5
467.0
-10.5
47.1
-57.6
2.0
0.0
0.0

703.2
703.2
0.0
585.2
118.0
622.9
89.6
76.8
12.8
3.4
0.0
0.0

947.8
947.8
0.0
846.7
101.1
889.9
62.1
82.9
-20.8
4.4
0.0
0.0

588.7
588.7
0.0
586.0
2.7
631.7
-42.5
96.7
-139.2
3.2
0.0
0.0

1308.4
1308.4
0.0
1251.5
56.9
1297.5
37.4
63.6
-26.2
0.0
0.0
0.0

579.3
579.3
0.0
606.2
-26.9
656.8
-76.8
39.0
-115.8
3.1
0.0
0.0

-0.2
-59.6
59.4

19.6
9.4
10.2

34.1
-25.2
59.3

-139.9
-142.4
2.5

603.9
-26.2
630.1

-148.9
-118.9
-30.0

-48.1
11.3

20.5
30.7

-13.8
45.5

-130.2
-127.7

-13.1
617.0

-65.9
-95.9

112.1
89.8
52.1
-8.8
-425.7
-21.3
102.4
10.3
11.4
0.6
-

105.0
94.6
56.3
1.5
48.0
66.8
-9.7
88.6
85.7
10.9
11.6
26.6
0.0
-

61.5
79.2
38.6
856.1
-2.6
-73.9
-30.3
89.2
93.9
133.5
8.7
16.7
-21.2
0.2
-24.7

187.6
67.8
21.3
0.0
-14.6
101.8
102.0
-73.5
107.3
-227.5
16.4
12.5
-2.3
0.2
0.0

30.8
25.7
24.6
172.6
-2.0
-4.3
-2.1
500.1
99.2
170.1
4.9
23.8
0.0
0.1
-5.5

31.4
20.1
19.5
231.7
-9.5
79.9
68.7
388.0
113.4
-50.8
6.7
18.9
-2.7
0.0
-31.6

-12.6
-6.1
-6.3
5.2
69.5
6000.0
-38.7
-2.1

1.8
1.4
1.0
5.1
84.5
-123.0
54.2
-1.0

0.0
0.0
-2.2
-2.2
-2.7
5.2
117.6
-257.1
34.8
8.9

0.0
0.0
-23.6
-14.7
-15.1
3.6
61.8
568.2
-37.9
-7.4

0.0
0.0
-2.0
-2.8
-2.8
3.6
101.6
-81.0
122.3
50.0

0.0
0.0
-20.0
-12.3
-12.6
4.7
47.6
339.3
-55.7
38.8

Bawany Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

395

2004

2005

2006

2007

2008

2009

87.2
-713.8
-626.6
0.0
0.0
214.9
214.9
-411.7

87.2
-788.7
-701.5
0.0
0.0
594.9
594.9
-106.6

87.2
-821.6
-734.4
0.0
0.0
407.5
407.5
-326.9

87.2
-864.3
-777.1
0.0
0.0
697.6
697.6
-79.5

87.2
-833.5
-746.3
0.0
0.0
531.3
531.3
-215.0

87.2
-732.0
-644.8
0.0
0.0
0.0
0.0
-644.8

2.7
2.3
0.4
207.6
2.1
212.4
865.1
1080.0
-652.7
457.1
-862.4

1.5
1.5
0.0
183.5
0.0
185.0
556.2
1151.1
-371.2
692.6
-554.7

4.9
4.9
0.0
126.4
0.0
131.3
704.7
1112.2
-573.4
435.4
-699.8

2.2
2.2
0.0
103.6
0.0
105.8
410.9
1108.5
-305.1
708.5
-408.7

4.8
4.8
0.0
112.9
0.0
117.7
555.4
1086.7
-437.7
679.8
-550.6

0.6
0.6
0.0
94.4
0.0
95.0
940.9
940.9
-845.9
155.0
-940.3

731.6
241.0
26.9
453.4

779.6
264.7
24.4
449.7

786.1
246.6
24.4
377.9

787.2
225.5
22.4
331.3

807.2
222.6
22.9
340.3

807.2
201.1
21.5
296.1

661.5
661.5
0.0
670.9
-9.4
733.5
29.2
54.5
-25.3
2.8
0.0
0.0

154.3
154.3
0.0
165.8
-11.5
218.2
-22.8
13.5
-36.3
0.7
0.0
0.0

179.4
179.4
0.0
223.8
-44.4
230.6
-22.2
10.3
-32.5
0.8
0.0
0.0

177.3
177.3
0.0
211.2
-33.9
219.2
-41.5
0.2
-41.7
0.9
0.0
0.0

291.2
291.2
0.0
258.6
32.6
266.5
31.1
0.4
30.7
0.0
0.0
0.0

58.0
58.0
0.0
148.8
-90.8
161.0
102.7
0.9
101.8
0.3
0.0
0.0

206.7
-28.1
234.8

305.1
-37.0
342.1

-220.3
-33.3
-187.0

247.4
-42.6
290.0

-135.5
30.7
-166.2

-429.8
101.5
-531.3

-1.2
233.6

-12.6
329.5

-8.9
-195.9

-20.2
269.8

53.6
-112.6

123.0
-408.3

24.6
24.3
-5.6
-13.6
-0.5
-718.6
110.9
186.6
8.2
11.9
0.0
-

33.3
33.3
-8.1
-12.1
-3.8
-804.5
141.4
8.7
1.9
0.0
-

0.0
18.6
18.6
0.0
-8.6
15.1
4.5
-842.2
128.5
-46.4
5.7
2.4
-2.5
0.0
0.0

0.0
25.7
25.7
0.0
-12.6
-17.2
-7.5
-891.2
123.6
-0.5
0.1
0.0
-2.2
31.8
0.0

0.0
21.2
21.2
0.0
9.0
-22.7
-47.6
-855.8
91.5
1.3
0.1
0.1
0.0
0.0
0.0

0.0
10.1
10.1
0.0
34.4
-23.6
-30.1
-739.4
277.6
0.9
1.6
0.6
0.3
0.0
0.0

-3.8
-2.9
-3.2
10.1
145.9
-64.6
-2.6
-71.9

-23.5
-4.2
-4.2
10.1
34.3
44.8
-76.7
-80.4

0.0
0.0
-18.1
-3.7
-3.8
9.2
47.5
-11.9
16.3
-84.2

0.0
0.0
-23.5
-4.8
-4.9
9.1
53.5
29.7
-1.2
-89.1

0.0
0.0
10.5
3.5
3.5
10.2
85.6
-172.9
64.2
-85.6

0.0
0.0
175.5
11.7
11.6
9.7
19.6
234.3
-80.1
-73.9

Chashma Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

396

2004

2005

2006

2007

2008

2009

191.3
266.0
457.3
0.0
0.0
263.9
263.9
721.2

191.3
343.8
535.1
0.0
0.0
375.9
375.9
911.0

191.3
293.7
485.0
0.0
0.0
1248.5
1248.5
1733.5

191.3
-63.3
128.0
0.0
0.0
949.5
949.5
1077.5

286.9
830.7
1117.6
0.0
0.0
928.3
928.3
2045.9

286.9
612.7
899.6
0.0
0.0
1229.7
1229.7
2129.3

18.6
18.6
0.0
145.3
128.7
292.6
275.7
539.6
16.9
321.6
-257.1

38.9
38.9
0.0
261.9
97.1
397.9
530.7
906.6
-132.8
732.5
-491.8

102.5
102.5
0.0
253.6
263.3
619.4
687.4
1935.9
-68.0
1753.1
-584.9

42.6
42.6
0.0
384.6
1131.2
1558.4
2382.8
3332.3
-824.4
3046.5
-2340.2

46.3
46.3
0.0
304.5
1438.1
1788.9
2462.5
3390.8
-673.6
2510.8
-2416.2

21.0
21.0
0.0
297.2
701.4
1019.6
1405.3
2635.0
-385.7
2191.4
-1384.3

1282.5
704.2
35.3
996.8

1723.4
1043.7
100.8
1441.6

2560.7
1801.4
91.0
2420.8

2851.9
1902.0
177.5
3460.4

3123.6
2719.6
227.5
4508.5

3156.8
2515.1
257.1
3534.7

1622.5
1128.6
493.9
1538.7
83.8
1575.5
50.5
17.3
33.2
11.0
0.0
0.0

1414.0
1245.2
168.8
1187.2
226.8
1233.8
182.3
44.2
138.1
7.5
0.0
0.0

1360.8
1322.9
37.9
1305.5
55.3
1348.5
28.1
86.4
-58.3
6.0
0.0
0.0

1896.5
1896.5
0.0
1967.6
-71.1
2024.7
-125.3
252.2
-377.5
8.2
0.0
0.0

2858.9
2093.3
765.6
2512.9
346.0
2588.6
281.5
338.8
-57.3
8.4
0.0
0.0

3963.6
3963.6
0.0
3595.6
368.0
3678.2
297.9
438.7
-140.8
19.9
0.0
0.0

284.7
22.2
262.5

189.8
130.6
59.2

822.5
-64.3
886.8

-656.0
-385.7
-270.3

968.4
-65.7
1034.1

83.4
-160.7
244.1

57.5
320.0

231.4
290.6

26.7
913.5

-208.2
-478.5

161.8
1195.9

96.4
340.5

36.6
106.1
59.4
118.0
3.3
7.8
18.0
239.0
97.1
34.3
1.1
5.4
33.1
2.1
7.3

41.3
75.0
56.7
169.4
9.6
68.8
79.6
279.7
87.3
24.2
3.1
6.0
5.4
4.6
25.8

72.0
90.1
51.8
399.2
-2.4
-7.8
2.9
253.5
99.1
307.5
6.3
4.9
-10.3
4.3
-12.0

88.1
65.4
17.9
2603.4
-10.9
58.8
43.5
66.9
106.8
-201.3
13.3
8.3
-2.2
7.9
-294.9

45.4
72.6
14.2
303.4
-1.3
-6.8
13.5
389.5
90.5
120.4
11.9
13.5
-14.7
0.7
-5.1

57.8
72.6
22.6
292.9
-4.0
-192.7
28.3
313.6
92.8
147.3
11.1
20.0
-14.1
1.4
-15.7

0.0
2.0
1.7
1.2
9.2
162.8
-177.3
137.9
23.9

0.0
9.8
7.2
6.8
14.3
98.1
323.5
-12.9
28.0

0.0
0.0
-4.3
-3.0
-3.4
8.7
56.2
-141.7
-3.8
25.4

0.0
0.0
-19.9
-19.7
-20.2
9.9
54.8
556.7
39.4
6.7

0.0
0.0
-2.0
-2.0
-2.3
12.0
63.4
-89.8
50.7
39.0

0.0
0.0
-3.6
-4.9
-5.6
9.5
112.1
145.0
38.6
31.4

Colony Sugar Mills Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

397

2005

2006

2007

2008

2009

990.2
351.0
1341.2
0.0
0.0
1485.4
1485.4
2826.6

25.7
25.7
0.0
401.0
1064.5
1491.2
2008.8
3494.2
-517.6
2520.6
-1983.1

3642.0
3344.1
153.6
4835.3

4009.3
3357.0
652.3
2923.1
1086.2
3082.8
930.6
577.1
353.5
23.3
0.0
0.0

330.2
-

483.8
-

52.6
74.2
21.2
260.5
7.3
0.0
0.0
135.4
76.9
62.0
14.4
22.9
6.6
0.0
26.4

0.0
0.0
8.8
3.6
3.3
4.7
82.9
260.0
13.5

Crescent Sugar Mills And Distillery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

398

2004

2005

2006

2007

2008

2009

190.0
280.1
470.1
0.0
0.0
83.0
83.0
553.1

190.0
347.2
537.2
0.0
0.0
51.6
51.6
588.8

213.8
171.4
385.2
0.0
0.0
118.2
118.2
503.4

213.8
403.9
617.7
0.0
0.0
81.7
81.7
699.4

213.8
144.7
358.5
0.0
0.0
49.1
49.1
407.6

213.8
120.9
334.7
0.0
0.0
74.8
74.8
409.5

328.4
11.8
316.6
191.9
368.4
888.7
763.0
846.0
125.7
611.2
-434.6

338.3
12.2
326.1
209.9
206.5
754.7
581.7
633.3
173.0
408.8
-243.4

276.0
19.2
256.8
209.1
203.2
688.3
666.5
784.7
21.8
528.6
-390.5

547.5
13.3
534.2
213.8
231.2
992.5
752.5
834.2
240.0
596.1
-205.0

329.7
11.6
318.1
233.0
310.0
872.7
893.2
942.3
-20.5
638.4
-563.5

246.2
6.6
239.6
287.5
170.4
704.1
701.0
775.8
3.1
533.4
-454.8

1029.4
427.5
47.0
1316.2

1061.0
416.0
46.3
1170.7

1166.7
481.6
42.9
1169.9

1153.9
459.4
38.4
1451.9

1204.4
428.1
46.6
1300.8

52.7
406.3
3.1
1110.4

2011.7
1601.8
409.9
1984.0
27.7
2062.3
-6.6
43.2
-49.8
9.5
0.0
0.0

2318.5
1881.0
437.5
2124.5
194.0
2216.2
158.2
56.5
101.7
7.8
0.0
0.0

2236.5
1817.7
418.8
2092.5
144.0
2203.0
53.6
80.3
-26.7
10.8
0.0
0.0

2395.5
2028.4
367.1
2302.1
93.4
2408.5
102.9
86.5
16.4
11.7
0.0
0.0

2544.9
2102.4
442.5
2414.2
130.7
2525.6
36.4
92.7
-56.3
4.3
0.0
0.0

2098.6
1677.6
421.0
2039.4
59.2
2158.7
-43.2
96.8
-140.0
12.6
0.0
0.0

55.6
-59.3
114.9

35.7
93.9
-58.2

-85.4
-37.5
-47.9

196.0
4.7
191.3

-291.8
-60.6
-231.2

1.9
-152.6
154.5

-12.3
102.6

140.2
82.0

5.4
-42.5

43.1
234.4

-14.0
-245.2

-149.5
5.0

15.0
116.5
68.2
180.0
-3.8
-106.7
-12.0
247.4
102.5
2.1
7.1
2.5
-10.6

8.8
129.7
94.2
117.9
8.7
263.0
171.0
282.7
95.6
35.7
2.4
13.8
7.7
2.3
18.9

23.5
103.3
72.8
203.7
-2.3
43.9
-12.7
180.2
98.5
149.8
3.6
15.2
-40.4
2.5
-6.9

11.7
131.9
101.2
135.0
1.1
2.4
18.4
288.9
100.5
84.1
3.6
14.5
71.3
3.1
2.7

12.0
97.7
63.0
262.8
-4.3
20.8
5.7
167.7
99.2
254.7
3.6
14.5
-7.6
2.9
-15.7

18.3
100.4
76.1
231.8
-12.6
-8031.6
-2990.0
156.5
102.9
-224.1
4.6
18.1
-9.0
4.5
-41.8

0.0
-2.5
-2.6
-3.1
11.8
152.8
136.4
67.3
24.7

0.0
4.4
5.4
4.9
10.8
198.0
-307.7
15.3
28.3

0.0
0.0
-1.2
-1.2
-1.8
10.3
191.2
-122.2
-3.5
18.0

0.0
0.0
0.7
0.8
0.2
8.0
165.0
-166.7
7.1
28.9

0.0
0.0
-2.2
-2.6
-2.8
10.1
195.6
-425.0
6.2
16.8

0.0
0.0
-6.7
-6.5
-7.1
0.7
189.0
150.0
-17.5
15.7

Dewan Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

399

2004

2005

2006

2007

2008

2009

182.6
882.7
1065.3
0.0
37.5
736.6
774.1
1839.4

365.1
975.6
1340.7
0.0
25.0
851.6
876.6
2217.3

365.1
1574.1
1939.2
0.0
12.5
602.3
614.8
2554.0

365.1
1279.3
1644.4
0.0
0.0
256.4
256.4
1900.8

365.1
598.1
963.2
0.0
0.0
299.0
299.0
1262.2

365.1
446.9
812.0
0.0
12.5
586.7
599.2
1411.2

301.2
14.5
286.7
813.0
898.7
2012.9
2445.1
3219.2
-432.2
1748.1
-2143.9

351.9
18.8
333.1
1566.8
1797.2
3715.9
4388.5
5265.1
-672.6
3114.3
-4036.6

28.9
28.9
0.0
2389.1
577.5
2995.5
4472.7
5087.5
-1477.2
2522.3
-4443.8

216.0
15.3
200.7
2121.0
862.1
3199.1
5168.1
5424.5
-1969.0
2653.4
-4952.1

94.0
35.3
58.7
2040.9
828.0
2962.9
5635.2
5934.2
-2672.3
3505.4
-5541.2

39.0
10.6
28.4
1859.1
748.4
2646.5
4926.5
5525.7
-2280.0
3648.9
-4887.5

3249.3
2271.6
81.8
4284.5

4065.4
2890.0
197.7
6605.9

5411.1
4031.1
205.4
7026.6

5579.3
3869.9
329.4
7069.0

5949.8
3934.6
308.2
6897.5

5950.7
3691.1
244.7
6337.6

857.7
815.9
41.8
716.7
141.0
764.5
146.3
74.4
71.9
20.9
0.0
0.0

3307.4
3072.9
234.5
3099.3
208.1
3185.3
150.9
93.3
57.6
26.4
0.0
0.0

7262.9
6911.2
351.7
6778.0
484.9
6908.3
359.9
228.9
131.0
42.9
0.0
0.0

4854.5
4076.2
778.3
4702.3
152.2
4860.1
11.8
363.8
-352.0
26.5
0.0
0.0

6200.5
4876.2
1324.3
6158.1
42.4
6317.6
-113.5
627.2
-740.7
33.3
0.0
0.0

2439.1
2081.6
357.5
2419.7
19.4
2535.5
-173.1
297.9
-471.0
3.7
0.0
0.0

992.1
51.0
941.1

377.9
31.2
346.7

336.7
88.1
248.6

-653.2
-378.5
-274.7

-638.6
-774.0
135.4

149.0
-474.7
623.7

132.8
1073.9

228.9
575.6

293.5
542.1

-49.1
-323.8

-465.8
-330.4

-230.0
393.7

42.1
82.3
45.6
302.2
1.7
5.1
12.4
583.4
89.1
50.9
8.7
4.3
29.1
9.8
6.7

39.5
84.7
43.7
392.7
0.9
8.3
39.8
367.2
96.3
61.8
2.8
3.0
45.8
4.8
4.3

24.1
67.0
54.1
262.4
1.9
26.2
54.1
531.1
95.1
63.6
3.2
9.1
32.7
2.6
6.8

13.5
61.9
45.2
329.9
-5.0
57.9
15.2
450.4
100.1
3083.1
7.5
13.7
-7.5
4.4
-21.4

23.7
52.6
37.9
616.1
-10.7
121.2
141.0
263.8
101.9
-552.6
10.1
17.9
-4.5
23.3
-76.9

42.5
53.7
38.5
680.5
-7.4
-318.6
-58.4
222.4
104.0
-172.1
12.2
8.2
-0.8
30.7
-58.0

0.0
8.4
3.9
2.8
11.6
20.0
-211.4
-52.7
58.3

0.0
1.7
1.6
0.9
8.7
50.1
-59.0
285.6
36.7

0.0
0.0
1.8
3.6
2.4
7.1
103.4
125.0
119.6
53.1

0.0
0.0
-7.3
-9.6
-10.4
8.2
68.7
-366.7
-33.2
45.0

0.0
0.0
-11.9
-20.3
-21.2
8.0
89.9
111.5
27.7
26.4

0.0
0.0
-19.3
-12.9
-13.0
6.2
38.5
-36.5
-60.7
22.2

Faran Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

400

2004

2005

2006

2007

2008

2009

125.5
-13.2
112.3
0.0
0.0
78.0
78.0
190.3

188.3
9.4
197.7
0.0
0.0
54.0
54.0
251.7

188.3
91.8
280.1
0.0
0.0
60.8
60.8
340.9

188.3
59.9
248.2
0.0
0.0
95.0
95.0
343.2

216.5
145.9
362.4
0.0
0.0
19.6
19.6
382.0

216.5
230.7
447.2
0.0
0.0
0.0
0.0
447.2

56.2
4.2
52.0
155.0
116.5
327.7
612.2
690.2
-284.5
111.5
-556.0

72.9
15.7
57.2
208.9
117.6
399.4
605.0
659.0
-205.6
147.0
-532.1

125.3
40.6
84.7
182.2
276.0
583.5
692.1
752.9
-108.6
185.6
-566.8

139.1
41.2
97.9
249.2
149.5
537.8
693.8
788.8
-156.0
116.8
-554.7

232.7
51.0
181.7
279.6
482.7
995.0
1128.8
1148.4
-133.8
102.3
-896.1

248.2
78.0
170.2
262.9
479.1
990.2
1081.8
1081.8
-91.6
219.8
-833.6

1009.0
474.9
22.3
802.6

1018.1
457.2
28.0
856.6

1035.5
449.4
28.2
1032.9

1111.4
499.2
28.1
1037.0

1157.5
515.9
31.4
1510.9

1211.7
538.8
34.2
1529.0

1123.0
1056.2
66.8
1052.8
70.2
1077.5
73.5
11.3
62.2
5.3
0.0
0.0

1323.5
1323.5
0.0
1255.0
68.5
1278.3
56.2
20.8
35.4
5.7
0.0
0.0

2795.0
2795.0
0.0
2521.8
273.2
2564.6
234.8
53.4
181.4
12.2
41.4
0.0

2093.3
2093.3
0.0
2017.6
75.7
2053.7
48.1
28.3
19.8
9.6
0.0
0.0

1691.1
1691.1
0.0
1546.5
144.6
1615.8
128.9
21.1
107.8
16.0
0.0
0.0

2409.5
2409.5
0.0
2218.8
190.7
2276.2
165.0
48.8
116.2
18.5
37.9
0.0

30.5
56.9
-26.4

61.4
29.7
31.7

89.2
127.8
-38.6

2.3
10.2
-7.9

38.8
91.8
-53.0

65.2
59.8
5.4

79.2
52.8

57.7
89.4

156.0
117.4

38.3
30.4

123.2
70.2

94.0
99.4

41.0
53.5
34.5
614.6
7.7
186.6
150.0
89.5
95.9
15.4
1.0
10.1
8.5
0.0
55.4

21.5
66.0
46.6
333.3
4.1
48.4
64.5
105.0
96.6
37.0
1.6
14.1
16.1
0.0
17.9

17.8
84.3
44.4
268.8
17.6
143.3
132.9
148.8
91.8
22.7
1.9
28.8
6.7
0.4
64.8

27.7
77.5
56.0
317.8
1.9
443.5
126.0
131.8
98.1
58.8
1.4
24.2
48.5
2.0
8.0

5.1
88.1
45.4
316.9
7.1
236.6
175.5
167.4
95.5
16.4
1.2
20.6
14.8
3.9
29.7

0.0
91.5
47.2
241.9
7.6
91.7
94.6
206.6
94.5
29.6
2.0
22.2
15.9
3.7
26.0

0.0
5.5
5.0
4.5
4.6
139.9
-211.1
-30.7
8.9

0.0
2.7
1.9
1.6
5.9
154.5
-62.0
17.9
10.5

408.7
14.8
6.5
9.6
9.0
6.2
270.6
405.3
111.2
14.9

0.0
0.0
0.9
1.1
0.5
6.3
201.9
-88.5
-25.1
13.2

0.0
0.0
6.4
5.0
4.2
6.3
111.9
354.5
-19.2
16.7

257.8
8.5
4.8
5.4
4.5
6.6
157.6
8.0
42.5
20.7

Fecto Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

401

2004

2005

2006

2007

2008

2009

50.3
-118.1
-67.8
0.0
0.0
578.2
578.2
510.4

50.3
-79.4
-29.1
0.0
0.0
515.2
515.2
486.1

50.3
54.8
105.1
0.0
0.0
372.0
372.0
477.1

145.9
-158.4
-12.5
0.0
0.0
264.3
264.3
251.8

145.9
-194.1
-48.2
0.0
0.0
337.5
337.5
289.3

145.9
-126.2
19.7
0.0
0.0
313.2
313.2
332.9

155.0
49.7
105.3
364.7
0.0
519.7
1162.3
1740.5
-642.6
1023.6
-1007.3

97.0
4.6
92.4
134.6
219.4
451.0
1077.8
1593.0
-626.8
950.9
-980.8

33.2
8.4
24.8
149.7
323.5
506.4
1429.6
1801.6
-923.2
831.4
-1396.4

5.1
5.1
0.0
161.3
356.3
522.7
1593.9
1858.2
-1071.2
697.0
-1588.8

15.8
15.8
0.0
191.0
33.3
240.1
1216.4
1553.9
-976.3
426.8
-1200.6

4.1
4.1
0.0
178.8
2.0
184.9
1242.7
1555.9
-1057.8
362.7
-1238.6

1716.8
1153.0
65.6
1672.7

1738.6
1112.8
62.0
1563.8

2084.8
1400.2
58.8
1906.6

2096.0
1323.0
78.7
1845.7

2101.6
1265.6
73.0
1505.7

2269.6
1390.6
67.5
1575.5

848.4
848.4
0.0
829.3
19.1
872.8
-18.5
62.3
-80.8
3.8
0.0
0.0

1168.4
1168.4
0.0
983.7
184.7
1037.1
139.9
106.0
33.9
5.5
0.0
0.0

1001.8
1001.8
0.0
938.9
62.9
993.4
16.4
109.0
-92.6
4.7
0.0
0.0

972.0
972.0
0.0
1030.8
-58.8
1090.9
-107.3
108.6
-215.9
4.5
0.0
0.0

1854.4
1854.4
0.0
1745.6
108.8
1810.9
45.8
97.2
-51.4
0.0
0.0
0.0

1205.4
1205.4
0.0
1146.7
58.7
1218.7
-6.7
79.8
-86.5
6.5
0.0
0.0

274.0
-84.6
358.6

-24.3
28.4
-52.7

-9.0
-97.3
88.3

-225.3
-220.4
-4.9

37.5
-51.4
88.9

43.6
-93.0
136.6

-19.0
339.6

90.4
37.7

-38.5
49.8

-141.7
-146.6

21.6
110.5

-25.5
111.1

113.3
44.7
44.7
-4.8
-30.9
-5.6
-134.8
102.9
7.3
6.1
0.0
-

106.0
41.8
21.5
2.2
239.8
-57.9
88.8
75.8
9.1
11.1
16.2
0.0
-

78.0
35.4
12.8
1714.2
-4.9
1081.1
-77.3
208.9
99.2
664.6
10.9
13.1
-5.1
0.0
-88.1

105.0
32.8
10.4
0.0
-11.7
97.8
96.7
-8.6
112.2
-101.2
11.2
15.6
-2.1
0.0
0.0

116.7
19.7
17.0
0.0
-3.4
-137.1
19.5
-33.0
97.7
212.2
5.2
22.8
0.0
0.1
0.0

94.1
14.9
14.7
7898.0
-5.5
-213.3
-23.0
13.5
101.1
-1191.0
6.6
22.0
-7.5
0.0
-439.1

-9.5
-16.1
-16.8
5.5
50.7
-58.0
-1.5
-13.5

2.9
6.7
5.6
5.4
74.7
-141.6
37.7
-5.8

0.0
0.0
-9.2
-18.4
-19.3
5.3
52.5
-374.6
-14.3
20.9

0.0
0.0
-22.2
-14.8
-15.1
5.6
52.7
-19.6
-3.0
-0.9

0.0
0.0
-2.8
-3.5
-3.5
5.5
123.2
-76.4
90.8
-3.3

0.0
0.0
-7.2
-5.9
-6.4
5.3
76.5
68.6
-35.0
1.4

Habib - ADM Ltd.( Habib Arkady LTD.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

402

2004

2005

2006

2007

2008

2009

200.0
135.3
335.3
0.0
0.0
0.0
0.0
335.3

200.0
159.2
359.2
0.0
0.0
0.0
0.0
359.2

200.0
172.5
372.5
0.0
0.0
0.0
0.0
372.5

200.0
247.1
447.1
0.0
0.0
0.0
0.0
447.1

200.0
312.5
512.5
0.0
0.0
0.0
0.0
512.5

200.0
414.2
614.2
0.0
0.0
0.0
0.0
614.2

3.1
3.1
0.0
149.9
105.5
258.5
159.9
159.9
98.6
134.7
-156.8

4.3
4.3
0.0
160.4
79.4
244.1
119.7
119.7
124.4
89.6
-115.4

16.5
16.5
0.0
153.0
86.2
255.7
109.1
109.1
146.6
75.6
-92.6

14.1
14.1
0.0
135.6
70.3
220.0
62.3
62.3
157.7
30.9
-48.2

11.5
10.5
1.0
147.4
179.3
338.2
169.1
169.1
169.1
82.0
-157.6

52.7
51.7
1.0
133.5
139.7
325.9
70.2
70.2
255.7
0.0
-17.5

553.5
236.7
18.6
495.2

564.9
234.9
16.3
479.0

575.7
225.8
17.0
481.5

661.3
289.4
22.4
509.4

721.8
343.5
28.2
681.7

767.4
358.5
30.7
684.4

466.2
368.8
97.4
393.3
72.9
448.7
22.6
4.2
18.4
4.1
0.0
0.0

494.9
314.4
180.5
350.1
144.8
460.9
35.0
8.0
27.0
7.5
0.0
0.0

559.2
402.0
157.2
404.8
154.4
512.2
47.3
9.9
37.4
5.1
12.0
0.0

743.7
743.7
0.0
483.7
260.0
635.9
110.1
6.7
103.4
11.6
24.0
0.0

1187.5
1187.5
0.0
865.2
322.3
1043.1
148.9
9.9
139.0
21.6
80.0
0.0

1131.8
898.7
233.1
869.7
262.1
1019.0
201.2
3.0
198.2
10.8
80.0
0.0

10.7
14.3
-3.6

23.9
19.5
4.4

13.3
20.3
-7.0

74.6
67.8
6.8

65.4
37.4
28.0

101.7
107.4
-5.7

32.9
29.3

35.8
40.2

37.3
30.3

90.2
97.0

65.6
93.6

138.1
132.4

0.0
161.7
95.7
47.7
3.7
133.6
112.3
167.7
96.2
18.6
0.9
3.1
22.3
0.0
5.5

0.0
203.9
137.6
33.3
5.6
81.6
89.1
179.6
93.1
22.9
1.6
8.9
27.8
22.9
7.5

0.0
234.4
155.4
29.3
7.8
152.6
123.1
186.3
91.6
20.9
1.8
13.1
13.6
20.0
10.0

0.0
353.1
240.3
13.9
20.3
90.9
93.0
223.6
85.5
6.1
0.9
21.7
11.2
10.8
23.1

0.0
200.0
94.0
33.0
20.4
57.2
70.1
256.3
87.8
6.6
0.8
12.1
15.5
5.9
27.1

0.0
464.2
265.2
11.4
29.0
105.6
104.3
307.1
90.0
1.5
0.3
0.0
5.4
6.3
32.3

0.0
3.9
0.9
0.7
9.6
94.1
-43.8
34.2
16.8

0.0
5.5
1.4
1.0
6.8
103.3
55.6
6.2
18.0

269.2
3.2
6.7
1.9
1.6
7.3
116.1
35.7
13.0
18.6

382.5
5.4
13.9
5.2
4.6
9.9
146.0
173.7
33.0
22.4

146.8
15.6
11.7
7.0
5.9
9.8
174.2
34.6
59.7
25.6

234.3
13.0
17.5
9.9
9.4
8.9
165.4
41.4
-4.7
30.7

Habib Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

403

2004

2005

2006

2007

2008

2009

162.0
905.1
1067.1
0.0
0.0
0.0
0.0
1067.1

162.0
722.5
884.5
0.0
0.0
0.0
0.0
884.5

216.0
1347.1
1563.1
0.0
0.0
0.0
0.0
1563.1

288.0
1691.7
1979.7
0.0
0.0
0.0
0.0
1979.7

360.0
1670.5
2030.5
0.0
0.0
0.0
0.0
2030.5

480.0
1973.7
2453.7
0.0
0.0
0.0
0.0
2453.7

362.4
142.2
220.2
456.8
303.8
1123.0
742.4
742.4
380.6
248.1
-380.0

429.5
18.0
411.5
397.3
531.9
1358.7
1134.6
1134.6
224.1
306.5
-705.1

996.0
381.3
614.7
362.4
419.3
1777.7
832.6
832.6
945.1
337.0
163.4

1439.9
638.5
801.4
428.6
390.5
2259.0
959.8
959.8
1299.2
488.2
480.1

1292.2
736.5
555.7
833.2
438.2
2563.6
1324.1
1324.1
1239.5
465.2
-31.9

2151.4
1595.7
555.7
609.7
211.0
2972.1
1352.8
1352.8
1619.3
426.0
798.6

1408.0
686.6
60.5
1809.6

1391.5
660.6
67.5
2019.3

1392.0
618.0
65.2
2395.7

1513.8
680.4
62.0
2939.4

1687.6
790.8
66.4
3354.4

1804.6
834.4
77.7
3806.5

2252.3
2252.3
0.0
1950.5
301.8
2074.7
192.0
13.2
178.8
39.4
32.4
0.0

3072.0
1959.9
1112.1
2777.6
294.4
2953.2
238.1
30.7
207.4
50.0
64.8
0.0

4019.3
4019.3
0.0
3601.8
417.5
3760.4
309.6
49.0
260.6
68.0
21.6
72.0

2839.0
2839.0
0.0
2468.8
370.2
2641.9
278.5
22.2
256.3
47.5
57.6
72.0

4490.4
2102.4
2388.0
3755.7
734.7
4037.9
513.6
10.0
503.6
80.0
90.0
120.0

4584.2
3078.1
1506.1
3720.2
864.0
4017.4
711.7
56.9
654.8
175.0
168.0
120.0

225.5
107.0
118.5

92.6
-

678.6
171.0
507.6

416.6
151.2
265.4

50.8
333.6
-282.8

423.2
311.8
111.4

167.5
286.0

160.1
-

236.2
743.8

213.2
478.6

400.0
117.2

389.5
500.9

0.0
151.3
110.3
69.6
9.9
47.5
58.6
658.7
92.1
6.9
0.6
5.3
22.0
6.6
16.8

0.0
119.8
72.9
128.3
10.3
0.0
0.0
546.0
96.1
12.9
1.0
10.0
24.1
4.9
23.4

0.0
213.5
163.2
53.3
10.9
25.2
31.8
723.7
93.6
15.8
1.2
14.5
26.1
4.4
16.7

0.0
235.4
194.7
48.5
8.7
36.3
44.5
687.4
93.1
8.0
0.8
4.5
18.5
7.1
12.9

0.0
193.6
160.5
65.2
15.0
656.7
341.3
564.0
89.9
1.9
0.2
2.1
15.9
9.0
24.8

0.0
219.7
204.1
55.1
17.2
73.7
77.8
511.2
87.6
8.0
1.2
13.4
26.7
7.7
26.7

430.2
3.0
7.9
11.0
8.6
10.6
124.5
189.5
128.8
65.9

242.9
7.3
6.8
12.8
9.7
9.8
152.1
54.6

891.7
1.4
6.5
12.1
8.9
9.9
167.8
-5.5
30.8
72.4

362.5
2.9
9.0
8.9
7.3
10.0
96.6
-26.4
-29.4
68.7

470.7
4.4
11.2
14.0
11.8
9.8
133.9
57.3
58.2
56.4

285.6
6.8
14.3
13.6
10.0
9.8
120.4
-2.9
2.1
51.1

Haseeb Waqas Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

404

2004

2005

2006

2007

2008

2009

324.0
312.3
636.3
0.0
0.0
188.6
188.6
824.9

324.0
371.5
695.5
0.0
0.0
83.0
83.0
778.5

324.0
212.3
536.3
0.0
0.0
33.2
33.2
569.5

324.0
101.5
425.5
0.0
0.0
0.0
0.0
425.5

324.0
164.3
488.3
0.0
0.0
20.3
20.3
508.6

324.0
206.6
530.6
0.0
0.0
0.0
0.0
530.6

72.6
72.6
0.0
135.6
290.2
498.4
705.0
893.6
-206.6
549.3
-632.4

13.1
13.1
0.0
139.7
124.6
277.4
496.5
579.5
-219.1
288.2
-483.4

77.3
77.3
0.0
216.4
277.9
571.6
965.9
999.1
-394.3
579.2
-888.6

25.0
25.0
0.0
156.4
417.2
598.6
1145.5
1145.5
-546.9
747.4
-1120.5

5.0
5.0
0.0
193.4
233.2
431.6
988.5
1008.8
-556.9
507.4
-983.5

146.1
146.1
0.0
173.6
35.2
354.9
830.6
830.6
-475.7
231.3
-684.5

1633.3
1031.4
63.7
1529.8

1660.5
997.7
61.7
1275.1

1683.5
963.6
58.8
1535.2

1749.6
972.4
58.9
1571.0

1136.0
1065.5
56.7
1497.1

1135.8
1006.1
59.1
1361.0

1867.8
1867.8
0.0
1745.1
122.7
1782.2
86.4
63.7
22.7
8.2
0.0
0.0

1568.0
1477.1
90.9
1348.6
219.4
1385.0
186.8
51.3
135.5
36.3
0.0
0.0

1091.1
1043.1
48.0
1092.9
-1.8
1119.7
-26.8
81.2
-108.0
8.8
0.0
0.0

1015.4
1015.4
0.0
1013.1
2.3
1046.0
-27.1
108.6
-135.7
4.4
0.0
0.0

1324.2
1324.2
0.0
1288.7
35.5
1321.1
10.8
109.0
-98.2
0.0
0.0
0.0

1054.9
1054.9
0.0
856.7
198.2
887.5
167.5
130.1
37.4
5.7
0.0
0.0

69.5
14.5
55.0

-46.4
99.2
-145.6

-209.0
-116.8
-92.2

-144.0
-140.1
-3.9

83.1
-98.2
181.3

22.0
31.7
-9.7

78.2
133.2

160.9
15.3

-58.0
-150.2

-81.2
-85.1

-41.5
139.8

90.8
81.1

22.9
70.7
29.5
140.4
1.5
20.9
58.7
196.4
95.4
73.7
3.4
11.6
36.1
0.0
3.6

10.7
55.9
30.8
83.3
10.6
1051.6
214.7
88.3
27.5
3.3
17.8
26.8
0.0
19.5

5.8
59.2
30.4
186.3
-7.0
55.9
38.6
165.5
102.6
-303.0
7.4
14.0
-8.1
0.0
-20.1

0.0
52.3
15.8
269.2
-8.6
97.3
95.4
131.3
103.0
-400.7
10.7
14.5
-3.2
0.1
-31.9

4.0
43.7
20.1
206.6
-6.6
-118.2
-29.7
150.7
99.8
1009.3
8.2
21.5
0.0
0.7
-20.1

0.0
42.7
38.5
156.5
2.7
144.1
112.0
163.8
84.1
77.7
12.3
56.2
15.2
0.0
7.0

0.0
1.2
0.7
0.4
5.8
122.1
-240.0
18.1
19.6

0.0
8.6
4.2
3.1
6.0
123.0
500.0
-16.1
21.5

0.0
0.0
-9.9
-3.3
-3.6
5.9
71.1
-178.6
-30.4
16.6

0.0
0.0
-13.4
-4.2
-4.3
6.1
64.6
27.3
-6.9
13.1

0.0
0.0
-7.4
-3.0
-3.0
5.8
88.5
-28.6
30.4
15.1

0.0
0.0
3.5
1.2
1.0
5.5
77.5
-140.0
-20.3
16.4

Husein Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

405

2004

2005

2006

2007

2008

2009

110.0
219.2
329.2
0.0
0.0
0.7
0.7
329.9

110.0
312.5
422.5
0.0
0.0
36.6
36.6
459.1

121.0
283.5
404.5
0.0
0.0
28.5
28.5
433.0

121.0
245.3
366.3
0.0
0.0
9.7
9.7
376.0

121.0
279.6
400.6
0.0
0.0
11.0
11.0
411.6

121.0
180.0
301.0
0.0
0.0
24.6
24.6
325.6

74.6
67.8
6.8
96.2
98.7
269.5
157.8
158.5
111.7
1.0
-83.2

50.4
39.5
10.9
127.7
140.9
319.0
184.9
221.5
134.1
48.0
-134.5

20.4
7.5
12.9
127.1
314.6
462.1
383.6
412.1
78.5
280.7
-363.2

18.4
6.1
12.3
137.7
249.4
405.5
367.4
377.1
38.1
284.9
-349.0

45.5
33.8
11.7
147.1
41.4
234.0
181.6
192.6
52.4
33.7
-136.1

36.0
28.9
7.1
149.4
104.0
289.4
340.6
365.2
-51.2
151.7
-304.6

584.8
218.3
30.3
487.8

726.7
325.1
36.6
644.1

778.0
354.5
24.0
816.6

799.0
337.9
40.4
743.4

862.1
359.1
42.8
593.1

103.3
376.9
7.3
666.3

1235.4
1226.2
9.2
1097.4
138.0
1149.5
90.4
7.1
83.3
25.1
0.0
0.0

1324.4
1324.4
0.0
1079.1
245.3
1154.0
177.7
10.0
167.7
50.3
27.5
0.0

1153.2
1153.2
0.0
1043.2
110.0
1098.1
60.3
35.2
25.1
5.1
0.0
0.0

1534.5
1534.5
0.0
1519.4
15.1
1580.0
-27.6
42.6
-70.2
6.7
0.0
0.0

1897.5
1897.5
0.0
1724.5
173.0
1803.3
100.6
43.8
56.8
0.0
20.6
0.0

1468.3
1468.3
0.0
1418.7
49.6
1498.8
-25.0
62.6
-87.6
7.4
0.0
0.0

53.0
58.2
-5.2

129.2
89.9
39.3

-26.1
20.0
-46.1

-57.0
-76.9
19.9

35.6
36.2
-0.6

-86.0
-95.0
9.0

88.5
83.3

126.5
165.8

44.0
-2.1

-36.5
-16.6

79.0
78.4

-87.7
-78.7

0.2
170.8
108.2
48.1
17.1
109.8
106.2
299.3
93.0
7.9
0.6
710.0
30.1
0.1
25.3

8.0
172.5
96.3
52.4
26.0
69.6
76.3
384.1
87.1
5.6
0.8
20.8
30.0
0.0
39.7

6.6
120.5
38.5
101.9
3.1
-76.6
-2095.2
334.3
95.2
58.4
3.1
12.5
20.3
0.0
6.2

2.6
110.4
42.5
102.9
-9.4
134.9
219.9
302.7
103.0
-154.3
2.8
15.0
-9.5
1.8
-19.2

2.7
128.9
106.1
48.1
9.6
101.7
100.8
331.1
95.0
43.5
2.3
130.0
0.0
0.0
14.2

7.6
85.0
54.4
121.3
-13.1
110.5
111.4
248.8
102.1
-250.4
4.3
41.3
-8.4
0.4
-29.1

0.0
6.7
7.6
5.3
14.4
253.3
46.2
75.0
29.9

426.9
6.5
12.7
15.2
10.7
16.8
205.6
100.0
7.2
38.4

0.0
0.0
2.2
2.1
1.7
7.4
141.2
-86.2
-12.9
33.4

0.0
0.0
-4.6
-5.8
-6.4
11.4
206.4
-376.2
33.1
30.3

275.7
5.1
3.0
4.7
4.7
12.7
319.9
-181.0
23.7
33.1

0.0
0.0
-6.0
-7.2
-7.9
2.0
220.4
-253.2
-22.6
24.9

JDW Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

406

2004

2005

2006

2007

2008

2009

205.8
378.7
584.5
0.0
0.0
952.3
952.3
1536.8

226.3
751.1
977.4
0.0
0.0
1399.1
1399.1
2376.5

260.3
915.4
1175.7
0.0
0.0
2332.6
2332.6
3508.3

315.4
893.3
1208.7
0.0
0.0
2414.3
2414.3
3623.0

381.3
539.8
921.1
0.0
0.0
2553.9
2553.9
3475.0

442.8
1414.6
1857.4
0.0
0.0
2407.7
2407.7
4265.1

84.9
84.9
0.0
1199.3
33.7
1317.9
965.3
1917.6
352.6
1589.8
-880.4

153.0
153.0
0.0
974.1
0.0
1127.1
1258.5
2657.6
-131.4
2318.1
-1105.5

991.7
5.4
986.3
1092.6
0.0
2084.3
1670.4
4003.0
413.9
2706.6
-678.7

1605.8
22.0
1583.8
2087.5
358.2
4051.5
3620.4
6034.7
431.1
5178.2
-2014.6

1083.6
3.4
1080.2
1735.7
876.4
3695.7
4542.9
7096.8
-847.2
4679.2
-3459.3

1667.8
3.5
1664.3
2568.0
1436.3
5672.1
6145.5
8553.2
-473.4
6670.8
-4477.7

1678.2
1184.2
69.1
2502.1

3138.7
2507.8
138.5
3634.9

3883.7
3094.6
159.5
5178.9

4162.5
3191.9
195.0
7243.4

5878.2
4322.3
199.9
8018.0

6586.6
4738.5
310.0
10410.6

2057.5
2057.5
0.0
1639.3
418.2
1718.1
340.6
69.3
271.3
9.5
41.2
0.0

3194.3
3194.3
0.0
2549.2
645.1
2664.0
538.2
172.9
365.3
14.0
51.4
20.6

6489.8
6489.8
0.0
5336.8
1153.0
5707.6
782.2
495.1
287.1
28.3
78.1
52.1

6144.7
6144.7
0.0
5328.3
816.4
5490.4
756.5
698.0
58.5
0.0
0.0
63.1

8718.1
8718.1
0.0
7082.7
1635.4
7441.6
1330.5
662.3
668.2
27.4
133.4
57.2

7572.7
7572.7
0.0
5670.1
1902.6
5965.7
1630.3
870.4
759.9
62.1
177.1
0.0

758.1
220.6
537.5

839.7
299.9
539.8

1131.8
180.7
951.1

114.7
58.5
56.2

-148.0
507.4
-655.4

790.1
520.7
269.4

289.7
827.2

438.4
978.2

340.2
1291.3

253.5
309.7

707.3
51.9

830.7
1100.1

62.0
136.5
133.0
328.1
10.8
29.1
35.0
284.0
83.5
20.3
3.4
4.4
3.5
6.1
46.4

58.9
89.6
89.6
271.9
10.0
35.7
44.8
431.9
83.4
32.1
5.4
7.5
3.8
2.4
37.4

66.5
124.8
124.8
340.5
5.5
16.0
26.3
451.7
87.9
63.3
7.6
18.3
9.9
2.6
24.4

66.6
111.9
102.0
499.3
0.8
51.0
81.9
383.2
89.4
92.3
11.4
13.5
0.0
5.8
4.8

73.5
81.4
62.1
770.5
8.3
-342.8
1362.8
241.6
85.4
49.8
7.6
14.2
4.1
1.5
72.5

56.5
92.3
68.9
460.5
7.3
65.9
75.5
419.5
78.8
53.4
11.5
13.0
8.2
0.5
40.9

635.4
7.0
13.2
13.2
12.7
8.1
82.2
71.4
6.8
28.4

683.5
5.3
11.4
16.1
15.5
11.7
87.9
22.0
55.3
43.2

331.4
6.6
4.4
11.0
9.9
7.8
125.3
-31.7
103.2
45.2

0.0
0.0
1.0
1.9
1.9
6.3
84.8
-82.7
-5.3
38.3

480.4
14.5
7.7
17.5
16.8
6.3
108.7
821.1
41.9
24.2

394.0
9.5
10.0
17.2
15.8
7.2
72.7
-1.7
-13.1
41.9

Khairpur Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

407

2004

2005

2006

2007

2008

2009

160.2
-31.3
128.9
0.0
32.2
440.8
473.0
601.9

160.2
-84.6
75.6
0.0
23.9
385.6
409.5
485.1

160.2
-117.1
43.1
0.0
0.0
329.2
329.2
372.3

160.2
-178.6
-18.4
0.0
0.0
615.3
615.3
596.9

160.2
-37.6
122.6
0.0
0.0
180.7
180.7
303.3

160.2
-8.9
151.3
0.0
0.0
107.6
107.6
258.9

1.4
1.4
0.0
73.7
8.1
83.2
385.8
858.8
-302.6
555.6
-384.4

13.9
13.9
0.0
105.6
7.0
126.5
496.5
906.0
-370.0
482.6
-482.6

5.4
5.4
0.0
100.2
59.9
165.5
632.5
961.7
-467.0
407.0
-627.1

14.8
14.8
0.0
93.4
5.6
113.8
335.0
950.3
-221.2
696.6
-320.2

8.0
8.0
0.0
125.3
252.6
385.9
1177.9
1358.6
-792.0
253.8
-1169.9

39.7
39.7
0.0
104.5
44.6
188.8
1247.3
1354.9
-1058.5
185.8
-1207.6

1275.5
904.4
67.9
987.6

1278.7
855.1
52.5
981.6

1313.3
839.4
51.7
1004.9

1341.4
818.1
49.4
931.9

1670.3
1095.3
51.7
1481.2

1961.0
1317.3
68.7
1506.1

610.5
610.5
0.0
663.3
-52.8
691.4
-79.2
5.9
-85.1
2.7
0.0
0.0

639.5
639.5
0.0
654.1
-14.6
689.5
-45.7
5.9
-51.6
2.8
0.0
0.0

850.7
850.7
0.0
820.4
30.3
860.0
-8.6
9.9
-18.5
3.7
0.0
0.0

994.3
994.3
0.0
990.7
3.6
1038.6
-43.4
13.9
-57.3
4.3
0.0
0.0

716.3
716.3
0.0
713.6
2.7
767.7
-38.2
11.7
-49.9
0.0
0.0
0.0

1075.5
1075.5
0.0
989.9
85.6
1052.2
28.4
3.3
25.1
5.4
0.0
0.0

281.2
-87.8
369.0

-116.8
-54.4
-62.4

-112.8
-22.2
-90.6

224.6
-61.6
286.2

-293.6
-49.9
-243.7

-44.4
19.7
-64.1

-19.9
349.1

-1.9
-64.3

29.5
-61.1

-12.2
274.0

1.8
-241.9

88.4
24.3

78.6
21.6
19.5
666.3
-8.6
-31.2
-5.7
80.5
113.3
1.0
1.1
0.1
-66.0

84.4
25.5
24.1
1198.4
-5.3
47.2
107.8
0.9
1.2
0.1
-68.3

88.4
26.2
16.7
2231.3
-1.8
19.7
-48.3
26.9
101.1
-115.1
1.2
2.4
-20.0
0.0
-42.9

103.1
34.0
32.3
0.0
-6.1
-27.4
-4.5
-11.5
104.5
-32.0
1.4
2.0
-7.5
0.0
0.0

59.6
32.8
11.3
1108.2
-3.4
17.0
-0.7
76.5
107.2
-30.6
1.6
4.6
0.0
0.0
-40.7

41.6
15.1
11.6
895.5
1.7
-44.4
363.8
94.4
97.8
11.6
0.3
1.8
21.5
0.0
16.6

0.0
-13.9
-5.3
-5.5
12.9
61.8
-167.1
-20.1
8.0

0.0
-8.1
-3.2
-3.4
5.8
65.1
-39.6
4.8
4.7

0.0
0.0
-2.2
-1.2
-1.4
6.0
84.7
-62.5
33.0
2.7

0.0
0.0
-5.8
-3.6
-3.8
5.8
106.7
200.0
16.9
-1.1

0.0
0.0
-7.0
-3.1
-3.1
6.3
48.4
-13.9
-28.0
7.7

0.0
0.0
2.3
1.6
1.2
6.3
71.4
-151.6
50.1
9.4

Kohinoor Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

408

2004

2005

2006

2007

2008

2009

94.9
407.5
502.4
0.0
0.0
35.6
35.6
538.0

94.9
449.4
544.3
0.0
0.0
104.9
104.9
649.2

94.9
677.3
772.2
0.0
0.0
338.4
338.4
1110.6

109.1
512.7
621.8
0.0
0.0
468.6
468.6
1090.4

109.1
468.2
577.3
0.0
0.0
520.1
520.1
1097.4

109.1
563.3
672.4
0.0
0.0
399.3
399.3
1071.7

1.2
1.2
0.0
137.0
95.6
233.8
365.2
400.8
-131.4
298.0
-364.0

2.9
2.9
0.0
159.0
66.4
228.3
270.2
375.1
-41.9
248.6
-267.3

9.6
9.6
0.0
164.7
219.0
393.3
585.8
924.2
-192.5
686.9
-576.2

1.2
1.2
0.0
175.2
176.0
352.4
769.0
1237.6
-416.6
786.3
-767.8

8.8
8.8
0.0
215.5
358.4
582.7
1044.9
1565.0
-462.2
770.6
-1036.1

13.4
13.4
0.0
254.5
92.4
360.3
918.2
1317.5
-557.9
530.1
-904.8

929.1
669.4
35.2
903.2

985.8
691.0
35.2
919.3

1617.2
1303.2
33.9
1696.5

1857.5
1507.1
36.6
1859.5

1971.0
1559.5
63.3
2142.2

2098.4
1629.7
61.9
1990.0

947.4
947.4
0.0
847.9
99.5
891.7
59.6
26.8
32.8
0.0
0.0
0.0

974.1
974.1
0.0
838.9
135.2
896.0
105.6
20.8
84.8
13.6
10.4
0.0

1037.9
1037.9
0.0
900.3
137.6
954.9
88.7
51.8
36.9
4.6
14.2
0.0

748.6
748.6
0.0
787.8
-39.2
840.9
-77.8
59.4
-137.2
3.8
0.0
0.0

1089.2
1089.2
0.0
1054.2
35.0
1114.4
-11.9
92.1
-104.0
0.0
0.0
0.0

1379.0
1379.0
0.0
1196.6
182.4
1268.0
115.2
109.4
5.8
1.3
0.0
0.0

-53.7
32.8
-86.5

111.2
60.8
50.4

461.4
18.1
443.3

-20.2
-141.0
120.8

7.0
-104.0
111.0

-25.7
4.5
-30.2

68.0
-18.5

96.0
146.4

52.0
495.3

-104.4
16.4

-40.7
70.3

66.4
36.2

6.6
64.0
37.8
79.8
3.6
529.4
94.1
45.0
2.8
9.0
0.0
0.5
6.5

16.2
84.5
59.9
68.9
9.2
54.7
65.6
573.6
92.0
19.7
2.1
8.4
16.0
0.0
15.6

30.5
67.1
29.8
119.7
2.2
3.9
10.5
813.7
92.0
58.4
5.0
7.5
12.5
0.4
4.8

43.0
45.8
22.9
199.0
-7.4
698.0
-636.6
569.9
112.3
-76.3
7.9
7.6
-2.8
0.6
-22.1

47.4
55.8
21.5
271.1
-4.9
-1485.7
-57.9
529.1
102.3
-773.9
8.5
12.0
0.0
3.7
-18.0

37.3
39.2
29.2
195.9
0.3
-17.5
183.4
616.3
92.0
95.0
7.9
20.6
22.4
0.0
0.9

0.0
3.5
3.5
3.5
5.4
104.9
-216.7
4.3
52.9

684.6
1.9
8.7
8.9
7.5
5.3
106.0
154.3
2.8
57.4

227.5
1.8
3.6
3.9
3.4
4.9
61.2
-56.2
6.5
81.4

0.0
0.0
-18.3
-12.6
-12.9
2.8
40.3
-423.1
-27.9
57.0

0.0
0.0
-9.5
-9.5
-9.5
4.2
50.8
-24.6
45.5
52.9

0.0
0.0
0.4
0.5
0.4
4.0
69.3
-105.3
26.6
61.6

Mehran Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

409

2004

2005

2006

2007

2008

2009

98.4
127.4
225.8
0.0
0.0
104.8
104.8
330.6

98.4
67.5
165.9
0.0
0.0
72.9
72.9
238.8

98.4
131.4
229.8
0.0
0.0
49.8
49.8
279.6

98.4
20.0
118.4
0.0
0.0
152.2
152.2
270.6

98.4
77.4
175.8
0.0
0.0
127.5
127.5
303.3

118.1
215.6
333.7
0.0
0.0
90.6
90.6
424.3

54.8
3.1
51.7
153.0
321.5
529.3
620.0
724.8
-90.7
208.6
-565.2

56.9
0.2
56.7
153.0
203.8
413.7
585.6
658.5
-171.9
209.4
-528.7

110.2
26.5
83.7
161.3
139.7
411.2
525.9
575.7
-114.7
256.2
-415.7

100.1
2.2
97.9
125.4
118.4
343.9
493.0
645.2
-149.1
289.3
-392.9

153.2
1.7
151.5
176.0
437.1
766.3
888.3
1015.8
-122.0
310.1
-735.1

214.6
1.3
213.3
250.4
141.3
606.3
694.1
784.7
-87.8
198.6
-479.5

784.6
421.3
31.2
950.6

805.5
410.8
32.8
824.5

821.4
394.3
33.1
805.5

879.9
419.8
34.3
763.7

917.0
425.3
34.7
1191.6

1038.5
512.2
36.5
1118.5

773.3
773.3
0.0
739.8
33.5
791.6
42.3
11.9
30.4
3.6
0.0
0.0

1109.3
1109.3
0.0
1048.3
61.0
1083.5
34.4
29.7
4.7
5.6
0.0
0.0

2259.6
1900.8
358.8
2071.1
188.5
2118.5
145.8
46.9
98.9
9.8
0.0
0.0

1485.9
1376.9
109.0
1493.3
-7.4
1539.6
-52.7
57.8
-110.5
6.5
0.0
0.0

1439.3
1202.0
237.3
1320.7
118.6
1398.9
104.2
43.6
60.6
2.4
0.0
0.0

2387.4
2387.4
0.0
1994.4
393.0
2138.6
311.0
65.3
245.7
5.1
41.3
35.4

41.6
26.8
14.8

-91.8
-0.9
-90.9

40.8
89.1
-48.3

-9.0
-117.0
108.0

32.7
58.2
-25.5

121.0
199.3
-78.3

58.0
72.8

31.9
-59.0

122.2
73.9

-82.7
25.3

92.9
67.4

235.8
157.5

31.7
85.4
33.5
321.0
3.2
64.4
79.7
229.5
102.4
28.1
1.5
5.7
11.8
2.2
13.5

30.5
70.6
35.8
396.9
0.6
168.6
97.7
86.3
2.7
14.2
119.1
1.3
2.8

17.8
78.2
51.6
250.5
12.3
218.4
165.4
233.5
93.8
32.2
2.1
18.3
9.9
0.0
43.0

56.2
69.8
45.7
544.9
-14.5
1300.0
-326.9
120.3
103.6
-109.7
3.9
20.0
-5.9
2.1
-93.3

42.0
86.3
37.1
577.8
5.1
178.0
137.8
178.7
97.2
41.8
3.0
14.1
4.0
2.1
34.5

21.4
87.4
67.0
235.2
22.0
164.7
149.7
282.6
89.6
21.0
2.7
32.9
2.1
4.7
73.6

0.0
3.9
3.1
2.7
8.6
81.3
-1650.0
-13.6
22.9

0.0
0.4
0.5
-0.1
7.8
134.5
-83.9
43.5
16.9

0.0
0.0
4.4
10.1
9.1
8.1
280.5
1920.0
103.7
23.4

0.0
0.0
-7.4
-11.2
-11.9
8.7
194.6
-210.9
-34.2
12.0

0.0
0.0
4.2
6.2
5.9
8.3
120.8
-155.4
-3.1
17.9

582.6
12.4
10.3
20.8
20.4
8.6
213.4
235.5
65.9
28.3

Mirpurkhas Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

410

2004

2005

2006

2007

2008

2009

63.9
98.2
162.1
0.0
0.0
221.2
221.2
383.3

63.9
227.9
291.8
0.0
0.0
217.3
217.3
509.1

63.9
339.9
403.8
0.0
0.0
114.9
114.9
518.7

63.9
295.1
359.0
0.0
0.0
31.8
31.8
390.8

63.9
200.5
264.4
0.0
0.0
177.8
177.8
442.2

63.9
385.6
449.5
0.0
0.0
133.3
133.3
582.8

283.1
3.3
279.8
134.5
262.3
679.9
606.3
827.5
73.6
386.6
-323.2

314.8
5.9
308.9
118.7
198.8
632.3
431.2
648.5
201.1
319.7
-116.4

294.0
12.0
282.0
115.4
336.4
745.8
549.3
664.2
196.5
463.8
-255.3

316.6
10.1
306.5
105.8
183.8
606.2
613.4
645.2
-7.2
435.2
-296.8

228.8
13.3
215.5
180.0
426.6
835.4
810.2
988.0
25.2
331.6
-581.4

266.6
35.0
231.6
258.4
203.2
728.2
730.3
863.6
-2.1
348.0
-463.7

650.6
309.6
15.9
989.5

661.2
308.1
15.7
940.4

690.1
322.1
16.8
1067.9

785.0
398.1
20.7
1004.3

822.4
417.0
22.0
1252.4

1008.3
584.9
21.6
1313.1

569.8
564.1
5.7
567.0
2.8
596.6
-0.1
30.9
-31.0
2.9
0.0
0.0

890.1
890.1
0.0
761.3
128.8
796.5
136.7
34.8
101.9
4.8
0.0
0.0

1591.4
1591.4
0.0
1329.9
261.5
1375.3
266.8
55.2
211.6
7.8
14.4
0.0

1294.5
1294.5
0.0
1242.9
51.6
1286.8
9.4
60.0
-50.6
6.1
0.0
0.0

1128.8
927.1
201.7
980.4
148.4
1060.6
119.1
56.3
62.8
2.5
6.4
0.0

1803.2
1803.2
0.0
1471.6
331.6
1540.9
300.8
86.6
214.2
10.9
16.0
6.4

97.5
-33.9
131.4

125.8
97.1
28.7

9.6
189.4
-179.8

-127.9
-56.7
-71.2

51.4
53.9
-2.5

140.6
187.3
-46.7

-18.0
113.4

112.8
141.5

206.2
26.4

-36.0
-107.2

75.9
73.4

208.9
162.2

57.7
112.1
68.9
510.5
-3.1
-34.8
-15.9
253.7
104.7
5.4
8.0
0.0
-19.1

42.7
146.6
100.5
222.2
10.8
77.2
79.7
456.7
89.5
25.5
3.9
10.9
4.7
0.4
34.9

22.2
135.8
74.5
164.5
19.8
1972.9
781.1
631.9
86.4
20.7
3.5
11.9
3.7
0.0
52.4

8.1
98.8
68.9
179.7
-5.0
44.3
33.6
561.8
99.4
638.3
4.6
13.8
-12.1
0.4
-14.1

40.2
103.1
50.5
373.7
5.0
104.9
103.4
413.8
94.0
47.3
5.0
17.0
4.0
0.0
23.8

22.9
99.7
71.9
192.1
16.3
133.2
128.8
703.4
85.5
28.8
4.8
24.9
5.1
4.7
47.7

0.0
-5.4
-4.9
-5.3
5.5
57.6
-47.3
-10.1
25.4

0.0
11.4
15.9
15.2
5.1
94.7
-424.5
56.2
45.7

1415.3
3.6
13.3
33.1
31.9
5.5
149.0
108.2
78.8
63.2

0.0
0.0
-3.9
-7.9
-8.9
6.4
128.9
-123.9
-18.7
56.2

942.2
2.4
5.6
9.8
9.4
5.5
90.1
-224.1
-12.8
41.4

1270.6
3.6
11.9
33.5
31.8
5.2
137.3
241.8
59.7
70.3

Mirza Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

411

2004

2005

2006

2007

2008

2009

141.0
-790.3
-649.3
0.0
0.0
573.1
573.1
-76.2

141.0
-749.8
-608.8
0.0
0.0
424.7
424.7
-184.1

141.0
-922.5
-781.5
0.0
0.0
357.9
357.9
-423.6

141.0
-971.0
-830.0
0.0
0.0
319.3
319.3
-510.7

141.0
-937.6
-796.6
0.0
0.0
220.2
220.2
-576.4

141.0
-777.2
-636.2
0.0
0.0
143.8
143.8
-492.4

2.5
2.5
0.0
36.1
48.3
86.9
483.5
1056.6
-396.6
680.2
-481.0

2.9
2.9
0.0
40.3
122.8
166.0
640.1
1064.8
-474.1
708.2
-637.2

1.3
1.3
0.0
42.0
1.6
44.9
731.4
1089.3
-686.5
731.6
-730.1

1.7
1.7
0.0
43.7
7.2
52.6
802.6
1121.9
-750.0
400.5
-800.9

1.3
1.3
0.0
41.5
44.9
87.7
885.1
1105.3
-797.4
740.7
-883.8

2.5
2.5
0.0
33.7
65.6
101.8
808.5
952.3
-706.7
435.2
-806.0

689.4
320.3
33.6
407.2

688.1
290.0
30.4
456.0

688.2
262.8
27.4
307.7

673.5
239.3
26.9
291.9

694.2
221.1
22.9
308.8

708.0
214.4
21.6
316.2

389.5
389.5
0.0
435.0
-45.5
463.2
-73.2
52.0
-125.2
1.7
0.0
0.0

227.4
227.4
0.0
277.4
-50.0
303.3
-75.8
36.0
-111.8
1.0
0.0
0.0

641.3
641.3
0.0
605.1
36.2
630.4
11.0
28.8
-17.8
2.8
0.0
0.0

558.9
558.9
0.0
562.8
-3.9
590.1
-23.5
21.2
-44.7
2.5
0.0
0.0

732.3
732.3
0.0
706.2
26.1
743.9
50.9
17.5
33.4
0.0
0.0
0.0

649.5
649.5
0.0
556.2
93.3
615.9
173.7
6.8
166.9
3.3
0.0
0.0

-207.7
-126.9
-80.8

-107.9
-112.8
4.9

-239.5
-20.6
-218.9

-87.1
-47.2
-39.9

-65.7
33.4
-99.1

84.0
163.6
-79.6

-93.3
-174.1

-82.4
-77.5

6.8
-212.1

-20.3
-60.2

56.3
-42.8

185.2
105.6

18.0
8.0
-30.7
-460.5
118.9
13.4
7.6
0.1
-

25.9
6.7
-24.5
-431.8
133.4
15.8
5.1
0.1
-

0.0
6.1
5.9
0.0
-5.8
8.6
-3.2
-554.3
98.3
261.8
4.5
3.9
-15.7
0.0
0.0

0.0
6.6
5.7
0.0
-15.3
54.2
33.7
-588.7
105.6
-90.2
3.8
5.3
-5.6
1.5
0.0

0.0
9.9
4.8
0.0
10.8
-50.8
-131.5
-565.0
101.6
34.4
2.4
2.4
0.0
0.2
0.0

0.0
12.6
4.5
0.0
52.8
194.8
175.4
-451.2
94.8
3.9
1.0
1.6
2.0
0.0
0.0

-32.1
-8.9
-9.0
9.5
95.7
48.3
-21.1
-46.0

-49.2
-7.9
-8.0
9.5
49.9
-11.2
-41.6
-43.2

0.0
0.0
-2.8
-1.3
-1.5
9.4
208.4
-83.5
182.0
-55.4

0.0
0.0
-8.0
-3.2
-3.3
10.2
191.5
146.2
-12.8
-58.9

0.0
0.0
4.6
2.4
2.4
9.6
237.1
-175.0
31.0
-56.5

0.0
0.0
25.7
11.8
11.6
9.8
205.4
391.7
-11.3
-45.1

Noon Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

412

2004

2005

2006

2007

2008

2009

51.7
607.7
659.4
0.0
0.0
17.4
17.4
676.8

113.8
921.5
1035.3
0.0
0.0
13.3
13.3
1048.6

113.8
878.7
992.5
0.0
0.0
431.1
431.1
1423.6

136.5
842.3
978.8
0.0
0.0
361.2
361.2
1340.0

150.2
757.8
908.0
0.0
0.0
266.9
266.9
1174.9

150.2
815.2
965.4
0.0
0.0
132.9
132.9
1098.3

157.0
137.0
20.0
130.2
99.6
386.8
177.1
194.5
209.7
36.6
-20.1

365.5
237.7
127.8
132.2
87.0
584.7
269.8
283.1
314.9
32.9
95.7

106.3
18.2
88.1
111.6
374.6
592.5
453.4
884.5
139.1
714.5
-347.1

96.1
14.9
81.2
134.9
471.1
702.1
823.7
1184.9
-121.6
1006.6
-727.6

121.6
16.3
105.3
144.9
318.1
584.6
759.4
1026.3
-174.8
821.8
-637.8

64.9
9.8
55.1
175.2
133.2
373.3
500.6
633.5
-127.3
520.6
-435.7

957.0
467.0
48.7
853.8

1270.6
733.7
51.7
1318.4

1873.1
1284.5
53.2
1877.0

2092.4
1461.5
52.9
2163.6

2118.9
1349.8
143.3
1934.4

2127.0
1225.5
138.8
1598.8

1223.4
914.4
309.0
1003.8
219.6
1102.6
130.2
4.9
125.3
21.0
0.0
5.2

1210.2
946.5
263.7
976.7
233.5
1069.3
156.6
3.2
153.4
39.0
25.9
0.0

1001.1
788.5
212.6
928.0
73.1
1006.7
106.9
26.0
80.9
4.5
0.0
22.8

1219.6
963.6
256.0
1149.3
70.3
1235.4
-9.5
51.5
-61.0
5.5
0.0
0.0

2011.7
1472.8
538.9
1780.4
231.3
1897.5
141.5
184.3
-42.8
5.4
0.0
0.0

1713.4
1514.3
199.1
1443.2
270.2
1545.5
192.6
126.5
66.1
9.6
15.0
15.0

20.8
104.3
-83.5

371.8
88.5
283.3

375.0
76.4
298.6

-83.6
-66.5
-17.1

-165.1
-48.2
-116.9

-76.6
41.5
-118.1

153.0
69.5

140.2
423.5

129.6
428.2

-13.6
-30.7

95.1
-21.8

180.3
62.2

2.6
218.4
162.2
29.5
14.7
501.4
220.1
1275.4
90.1
3.8
0.4
13.4
16.8
3.7
19.0

1.3
216.7
184.5
27.3
11.6
23.8
33.1
909.8
88.4
2.0
0.3
9.7
25.4
2.8
14.8

30.3
130.7
48.1
89.1
4.3
20.4
30.3
872.1
100.6
24.3
2.6
3.6
5.6
2.4
8.2

27.0
85.2
28.0
121.1
-2.8
79.5
44.3
717.1
101.3
-542.1
4.2
5.1
-9.0
0.9
-6.2

22.7
77.0
35.1
113.0
-2.2
29.2
-436.2
604.5
94.3
130.2
9.2
22.4
-12.6
2.0
-4.7

12.1
74.6
48.0
65.6
4.1
-54.2
289.9
642.7
90.2
65.7
7.4
24.3
14.5
0.2
6.8

0.0
10.2
24.2
20.2
10.5
143.3
16.9
11.6
127.5

441.7
2.5
12.7
13.5
10.1
11.5
91.8
-44.2
-1.1
91.0

0.0
0.0
8.1
7.1
6.7
7.1
53.3
-47.4
-17.3
87.2

0.0
0.0
-5.0
-4.5
-4.9
4.1
56.4
-163.4
21.8
71.7

0.0
0.0
-2.1
-2.8
-3.2
9.9
104.0
-37.8
64.9
60.5

376.7
1.6
3.9
4.4
3.8
10.3
107.2
-257.1
-14.8
64.3

Pangrio Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

413

2004

2005

2006

2007

2008

2009

108.5
-648.6
-540.1
0.0
0.0
0.0
0.0
-540.1

108.5
-802.9
-694.4
0.0
0.0
178.0
178.0
-516.4

108.5
-762.4
-653.9
0.0
0.0
87.7
87.7
-566.2

108.5
-795.1
-686.6
0.0
0.0
22.2
22.2
-664.4

108.5
-800.4
-691.9
0.0
0.0
0.0
0.0
-691.9

108.5
-688.9
-580.4
0.0
0.0
22.0
22.0
-558.4

3.1
3.1
0.0
28.7
58.8
90.6
847.5
847.5
-756.9
50.3
-844.4

2.1
2.1
0.0
29.7
174.2
206.0
918.3
1096.3
-712.3
244.2
-916.2

0.9
0.9
0.0
36.9
0.0
37.8
781.2
868.9
-743.4
250.4
-780.3

0.7
0.7
0.0
43.3
13.4
57.4
882.0
904.2
-824.6
110.4
-881.3

2.0
2.0
0.0
46.2
53.3
101.5
943.9
943.9
-842.4
22.6
-941.9

1.4
1.4
0.0
39.1
122.2
162.7
793.0
815.0
-630.3
182.0
-791.6

0.0
216.8
0.0
307.4

531.2
196.0
21.0
402.0

531.2
177.2
18.9
215.0

531.2
160.3
16.9
217.7

537.0
150.5
16.3
252.0

550.8
71.8
7.9
234.5

481.4
481.4
0.0
523.6
-42.2
540.9
-58.1
14.9
-73.0
2.1
0.0
0.0

230.1
230.1
0.0
320.1
-90.0
333.8
-76.0
3.6
-79.6
1.0
0.0
0.0

773.8
773.8
0.0
738.9
34.9
755.6
18.2
5.4
12.8
3.5
0.0
0.0

557.0
557.0
0.0
576.0
-19.0
593.4
-29.2
1.0
-30.2
2.5
0.0
0.0

731.4
731.4
0.0
726.1
5.3
745.8
-4.0
1.3
-5.3
0.0
0.0
0.0

392.0
392.0
0.0
349.8
42.2
371.8
192.2
3.0
189.2
2.0
0.0
0.0

-112.1
-75.1
-37.0

23.7
-80.6
104.3

-49.8
9.3
-59.1

-98.2
-32.7
-65.5

-27.5
-5.3
-22.2

133.5
187.2
-53.7

-75.1
-112.1

-59.6
44.7

28.2
-30.9

-15.8
-81.3

11.0
-11.2

195.1
141.4

10.7
3.8
-23.7
-497.8
112.4
3.1
29.6
0.0
-

22.4
3.5
-19.8
-340.1
-133.3
-640.0
145.1
1.6
1.5
75.7
-

0.0
4.8
4.8
0.0
6.0
-18.7
-91.3
-602.7
97.6
29.7
0.7
2.2
27.3
0.0
0.0

0.0
6.5
5.0
0.0
-13.9
33.3
19.4
-632.8
106.5
-3.4
0.2
0.9
-8.3
0.3
0.0

0.0
10.8
5.1
0.0
-2.1
19.3
-98.2
-637.7
102.0
-32.5
0.2
5.8
0.0
0.0
0.0

0.0
20.5
5.1
0.0
80.7
140.2
138.0
-534.9
94.8
1.6
0.8
1.6
1.1
0.0
0.0

-15.2
-6.7
-6.9
0.0
156.6
42.6
10.8
-49.8

-34.6
-7.3
-7.4
9.7
57.2
9.0
-52.2
-64.0

0.0
0.0
1.7
1.2
0.9
9.6
359.9
-116.4
236.3
-60.3

0.0
0.0
-5.4
-2.8
-3.0
9.5
255.9
-333.3
-28.0
-63.3

0.0
0.0
-0.7
-0.5
-0.5
10.2
290.2
-82.1
31.3
-63.8

0.0
0.0
48.3
17.4
17.3
10.0
167.2
-3580.0
-46.4
-53.5

Sakrand Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

414

2004

2005

2006

2007

2008

2009

223.1
-342.5
-119.4
0.0
0.0
681.6
681.6
562.2

223.1
-427.2
-204.1
0.0
0.0
257.0
257.0
52.9

223.1
-408.4
-185.3
0.0
0.0
479.9
479.9
294.6

223.1
-530.5
-307.4
0.0
0.0
380.9
380.9
73.5

223.1
-530.5
-307.4
0.0
0.0
380.9
380.9
73.5

223.1
584.1
807.2
0.0
0.0
258.0
258.0
1065.2

37.7
37.7
0.0
62.3
30.6
130.6
348.8
1030.4
-218.2
792.8
-311.1

12.1
12.1
0.0
68.4
29.8
110.3
764.6
1021.6
-654.3
437.5
-752.5

45.3
45.3
0.0
79.2
75.4
199.9
581.8
1061.7
-381.9
739.5
-536.5

27.5
27.5
0.0
83.6
60.7
171.8
743.4
1124.3
-571.6
684.8
-715.9

27.5
27.5
0.0
83.6
60.7
171.8
743.4
1124.3
-571.6
684.8
-715.9

37.9
1.8
36.1
130.4
263.0
431.3
606.2
864.2
-174.9
302.6
-568.3

1180.0
780.2
42.1
910.8

1185.6
707.3
38.5
817.6

1187.3
676.5
36.9
876.4

1190.5
645.0
35.6
816.8

1190.5
645.0
35.6
816.8

1858.1
1240.1
41.8
1671.4

869.0
869.0
0.0
852.1
16.9
881.7
-12.7
62.7
-75.4
3.7
0.0
0.0

594.9
594.9
0.0
567.5
27.4
597.8
23.6
41.7
-18.1
2.6
0.0
0.0

981.5
981.5
0.0
866.2
115.3
900.5
82.7
43.3
39.4
4.3
0.0
0.0

1144.5
1144.5
0.0
1182.2
-37.7
1223.1
-77.3
40.0
-117.3
5.0
0.0
0.0

1144.5
1144.5
0.0
1182.2
-37.7
1223.1
-77.3
40.0
-117.3
5.0
0.0
0.0

920.5
920.5
0.0
903.4
17.1
999.4
525.3
33.5
491.8
4.6
0.0
0.0

0.0
-79.1
79.1

-509.3
-20.7
-488.6

241.7
35.1
206.6

-221.1
-122.3
-98.8

0.0
-122.3
122.3

991.7
487.2
504.5

-37.0
42.1

17.8
-470.8

72.0
278.6

-86.7
-185.5

-86.7
35.6

529.0
1033.5

121.2
37.4
28.7
-8.3
-87.9
-53.5
101.5
7.2
7.9
0.1
-

485.8
14.4
10.5
-2.2
-91.5
100.5
176.7
7.0
9.5
0.6
-

162.9
34.4
21.4
0.0
4.5
14.5
25.8
-83.1
91.7
52.4
4.4
5.9
10.9
0.1
0.0

518.2
23.1
14.9
0.0
-14.4
55.3
46.7
-137.8
106.9
-51.7
3.5
5.8
-4.3
2.1
0.0

518.2
23.1
14.9
0.0
-14.4
0.0
-243.5
-137.8
106.9
-51.7
3.5
5.8
-4.3
2.1
0.0

24.2
71.1
27.8
107.1
29.4
49.1
51.2
361.8
108.6
6.4
3.6
11.1
0.9
7.6
60.9

-8.7
-3.4
-3.5
5.1
95.4
0.0
0.0
-5.4

-3.0
-0.8
-0.9
5.2
72.8
-76.5
-31.5
-9.1

0.0
0.0
4.0
1.8
1.6
5.2
112.0
-325.0
65.0
-8.3

0.0
0.0
-10.2
-5.3
-5.5
5.3
140.1
-394.4
16.6
-13.8

0.0
0.0
-10.2
-5.3
-5.5
5.3
140.1
0.0
0.0
-13.8

0.0
0.0
53.4
22.0
21.8
6.8
55.1
-515.1
-19.6
36.2

Saleem Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

415

2004

2005

2006

2007

2008

2009

17.0
-303.6
-286.6
0.0
0.0
256.8
256.8
-29.8

17.0
-308.8
-291.8
0.0
0.0
256.8
256.8
-35.0

17.0
-307.7
-290.7
0.0
0.0
256.8
256.8
-33.9

17.0
-308.7
-291.7
0.0
0.0
256.8
256.8
-34.9

17.0
-303.8
-286.8
0.0
0.0
256.8
256.8
-30.0

17.0
-308.4
-291.4
0.0
0.0
256.8
256.8
-34.6

0.0
0.0
0.0
18.1
0.0
18.1
67.7
324.5
-49.6
279.6
-67.7

0.2
0.2
0.0
18.1
0.0
18.3
72.7
329.5
-54.4
284.1
-72.5

0.2
0.2
0.0
18.2
0.0
18.4
71.1
327.9
-52.7
283.5
-70.9

0.0
0.0
0.0
18.2
0.0
18.2
71.6
328.4
-53.4
282.6
-71.6

0.0
0.0
0.0
18.2
0.0
18.2
66.2
323.0
-48.0
277.7
-66.2

0.0
0.0
0.0
18.2
0.0
18.2
70.5
327.3
-52.3
278.0
-70.5

112.7
19.8
0.5
37.9

112.7
19.3
0.4
37.6

112.7
18.9
0.4
37.3

112.7
18.5
0.4
36.7

112.7
18.1
0.4
36.3

112.7
17.7
0.4
35.9

0.0
0.0
0.0
0.0
0.0
1.0
-0.4
0.0
-0.4
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.6
-5.3
0.0
-5.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.1
1.2
0.0
1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.5
-1.1
0.0
-1.1
0.0
0.0
0.0

5.7
5.7
0.0
0.0
5.7
0.8
4.9
0.0
4.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.7
-4.7
0.0
-4.7
0.0
0.0
0.0

22.5
-0.4
22.9

-5.2
-5.3
0.1

1.1
1.2
-0.1

-1.0
-1.1
0.1

4.9
4.9
0.0

-4.6
-4.7
0.1

0.1
23.0

-4.9
-4.8

1.6
1.5

-0.7
-0.6

5.3
5.3

-4.3
-4.2

0.0
26.7
26.7
0.0
-1.1
-1.8
0.4
-1685.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
25.2
25.2
0.0
-14.1
101.9
102.1
-1716.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
25.9
25.9
0.0
3.2
109.1
106.7
-1710.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
25.4
25.4
0.0
-3.0
110.0
116.7
-1715.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
27.5
27.5
0.0
13.5
100.0
100.0
-1687.1
14.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
25.8
25.8
0.0
-13.1
102.2
102.4
-1714.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
-0.2
-0.2
2.5
0.0
-101.5
-168.6

0.0
0.0
0.0
-3.1
-3.1
2.0
0.0
1450.0
-171.6

0.0
0.0
0.0
0.7
0.7
2.1
0.0
-122.6
-171.0

0.0
0.0
0.0
-0.6
-0.6
2.1
0.0
-185.7
-171.6

0.0
0.0
86.0
2.9
2.9
2.2
15.7
-583.3
-168.7

0.0
0.0
0.0
-2.8
-2.8
2.2
0.0
-196.6
-100.0
-171.4

Sanghar Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

416

2004

2005

2006

2007

2008

2009

119.5
6.3
125.8
0.0
0.0
133.2
133.2
259.0

119.5
-21.5
98.0
0.0
0.0
117.8
117.8
215.8

119.5
22.1
141.6
0.0
0.0
101.4
101.4
243.0

119.5
-13.0
106.5
0.0
0.0
84.1
84.1
190.6

119.5
42.8
162.3
0.0
0.0
65.0
65.0
227.3

119.5
109.7
229.2
0.0
0.0
44.8
44.8
274.0

9.7
9.7
0.0
87.0
24.8
121.5
408.1
541.3
-286.6
161.6
-398.4

2.8
2.8
0.0
93.2
12.4
108.4
448.1
565.9
-339.7
155.1
-445.3

5.4
5.4
0.0
117.1
6.7
129.2
425.6
527.0
-296.4
137.8
-420.2

2.6
2.6
0.0
118.6
6.7
127.9
461.5
545.6
-333.6
123.7
-458.9

14.4
14.4
0.0
76.1
30.7
121.2
410.8
475.8
-289.6
116.8
-396.4

15.8
15.8
0.0
124.3
139.2
279.3
499.4
544.2
-220.1
90.0
-483.6

617.0
545.5
31.3
667.0

656.3
555.6
29.6
664.0

671.1
539.3
31.0
668.5

684.8
524.1
29.5
652.0

708.1
516.8
31.0
638.0

714.1
494.0
28.7
773.3

787.6
739.9
47.7
704.8
82.8
751.3
41.5
22.7
18.8
3.6
0.0
0.0

650.0
625.8
24.2
617.5
32.5
658.1
-4.0
15.9
-19.9
3.1
0.0
0.0

1204.9
1177.2
27.7
1026.2
178.7
1077.4
128.1
34.0
94.1
5.7
0.0
0.0

1236.7
1236.7
0.0
1165.2
71.5
1215.7
25.0
37.5
-12.5
5.8
0.0
0.0

2170.1
2103.2
66.9
1936.4
233.7
2016.5
159.7
25.3
134.4
20.0
0.0
0.0

1679.5
1679.5
0.0
1454.0
225.5
1528.8
151.6
36.4
115.2
47.6
11.9
0.0

-9.0
15.2
-24.2

-43.2
-23.0
-20.2

27.2
88.4
-61.2

-52.4
-18.3
-34.1

36.7
114.4
-77.7

46.7
55.7
-9.0

46.5
22.3

6.6
-13.6

119.4
58.2

11.2
-22.9

145.4
67.7

84.4
75.4

51.4
29.8
23.7
430.3
2.8
208.5
105.3
95.4
54.7
2.9
14.0
19.1
0.0
14.9

54.6
24.2
21.4
577.4
-3.0
82.0
101.2
2.4
10.3
0.0
-20.3

41.7
30.4
28.8
372.2
14.1
325.0
205.2
118.5
89.4
26.5
2.8
24.7
6.1
2.8
66.5

44.1
27.7
26.3
512.3
-1.9
34.9
-48.9
89.1
98.3
150.0
3.0
30.3
-46.4
0.5
-11.7

28.6
29.5
22.0
293.2
21.1
311.7
214.8
135.8
92.9
15.8
1.2
21.7
14.9
0.5
82.8

16.4
55.9
28.1
237.4
14.9
119.3
111.9
191.8
91.0
24.0
2.2
40.4
41.3
2.2
50.3

0.0
2.4
1.6
1.3
5.5
118.1
-125.0
15.6
10.5

0.0
-3.1
-1.7
-1.9
5.4
97.9
-206.3
-17.5
8.2

0.0
0.0
7.8
7.9
7.4
5.6
180.2
-564.7
85.4
11.8

0.0
0.0
-1.0
-1.0
-1.5
5.5
189.7
-112.7
2.6
8.9

0.0
0.0
6.2
11.2
9.6
5.9
340.1
-1220.0
75.5
13.6

568.1
5.2
6.9
9.6
5.7
5.6
217.2
-14.3
-22.6
19.2

Shahmurad Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

417

2004

2005

2006

2007

2008

2009

211.2
276.5
487.7
0.0
66.6
347.5
414.1
901.8

211.2
220.3
431.5
0.0
0.0
374.7
374.7
806.2

211.2
239.2
450.4
0.0
0.0
819.5
819.5
1269.9

211.2
232.1
443.3
0.0
0.0
800.4
800.4
1243.7

211.2
391.3
602.5
0.0
0.0
834.1
834.1
1436.6

211.2
681.1
892.3
0.0
0.0
702.6
702.6
1594.9

6.6
3.7
2.9
311.3
413.5
731.4
1328.3
1742.4
-596.9
1220.2
-1321.7

31.2
27.5
3.7
500.6
522.9
1054.7
1878.5
2253.2
-823.8
1578.4
-1847.3

288.9
44.8
244.1
452.7
343.2
1084.8
1458.9
2278.4
-374.1
1464.9
-1170.0

120.6
116.4
4.2
388.8
670.7
1180.1
1617.7
2418.1
-437.6
1552.0
-1497.1

10.3
6.0
4.3
608.7
922.7
1541.7
1798.4
2632.5
-256.7
1671.6
-1788.1

14.0
9.6
4.4
296.4
831.5
1141.9
1465.8
2168.4
-323.9
1608.6
-1451.8

1918.8
1498.7
58.8
2230.1

2279.0
1630.2
71.8
2684.9

2378.8
1644.1
86.0
2728.9

2258.8
1681.2
83.8
2861.3

2593.0
1693.4
85.0
3235.1

2900.7
1918.7
86.7
3060.6

944.9
917.2
27.7
814.5
130.4
862.0
88.1
88.6
-0.5
4.1
0.0
0.0

1170.8
784.9
385.9
1039.9
130.9
1110.5
62.0
113.3
-51.3
5.4
0.0
0.0

2059.2
1383.9
675.3
1794.6
264.6
1877.7
190.0
176.4
13.6
9.8
0.0
0.0

1687.2
1206.0
481.2
1399.1
288.1
1490.9
209.9
218.9
-9.0
9.3
0.0
0.0

2454.9
718.3
1736.6
1869.6
585.3
2082.4
411.7
253.5
158.2
16.1
21.1
0.0

2887.4
1904.1
983.3
2283.8
603.6
2465.4
444.0
329.1
114.9
14.5
31.7
0.0

343.2
-4.6
347.8

-95.6
-56.7
-38.9

463.7
3.8
459.9

-26.2
-18.3
-7.9

192.9
121.0
71.9

158.3
68.7
89.6

54.2
402.0

15.1
-23.8

89.8
549.7

65.5
57.6

206.0
277.9

155.4
245.0

45.9
55.1
23.9
357.3
0.0
-1.3
13.5
230.9
91.2
100.6
9.4
7.3
0.1
-0.1

46.5
56.1
28.3
522.2
-1.9
59.3
-63.4
204.3
94.8
182.7
9.7
7.2
-10.5
9.1
-11.9

64.5
74.4
50.8
505.9
0.5
0.8
16.3
213.3
91.2
92.8
8.6
12.0
72.1
1.4
3.0

64.4
72.9
31.5
545.5
-0.3
69.8
113.7
209.9
88.4
104.3
13.0
14.1
-103.3
0.2
-2.0

58.1
85.7
34.4
436.9
4.9
62.7
74.1
285.3
84.8
61.6
10.3
15.2
10.2
8.5
26.3

44.1
77.9
21.2
243.0
3.8
43.4
63.4
422.5
85.4
74.1
11.4
20.5
12.6
0.3
12.9

0.0
-0.1
0.0
-0.2
8.2
42.4
-100.0
-17.0
23.1

0.0
0.0
-4.4
-2.4
-2.7
4.8
43.6
0.0
23.9
20.4

0.0
0.0
0.7
0.6
0.2
5.3
75.5
-125.0
75.9
21.3

0.0
0.0
-0.5
-0.4
-0.9
5.1
59.0
-166.7
-18.1
21.0

673.5
3.5
6.4
7.5
6.7
5.1
75.9
-1975.0
45.5
28.5

316.7
3.6
4.0
5.4
4.8
5.1
94.3
-28.0
17.6
42.2

Shahtaj Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

418

2004

2005

2006

2007

2008

2009

120.1
296.1
416.2
0.0
0.0
0.0
0.0
416.2

120.1
416.0
536.1
0.0
0.0
0.0
0.0
536.1

120.1
453.2
573.3
0.0
0.0
0.0
0.0
573.3

120.1
502.7
622.8
0.0
0.0
0.0
0.0
622.8

120.1
585.8
705.9
0.0
0.0
0.0
0.0
705.9

120.1
805.5
925.6
0.0
0.0
0.0
0.0
925.6

104.1
94.1
10.0
138.0
72.9
315.0
198.6
198.6
116.4
0.0
-94.5

377.7
367.7
10.0
122.6
9.8
510.1
255.4
255.4
254.7
0.0
122.3

108.8
82.4
26.4
169.8
197.1
475.7
190.0
190.0
285.7
0.0
-81.2

321.8
298.8
23.0
156.5
16.1
494.4
151.3
151.3
343.1
0.0
170.5

272.5
221.7
50.8
218.3
154.0
644.8
223.4
223.4
421.4
0.0
49.1

732.4
41.6
690.8
141.4
10.1
883.9
309.8
309.8
574.1
0.0
422.6

929.4
299.9
37.0
614.9

939.8
281.3
34.7
791.4

968.5
287.5
33.9
763.2

987.3
279.7
33.1
774.1

1017.5
284.4
32.1
929.2

1099.2
351.5
32.1
1235.4

1840.9
1840.9
0.0
1643.1
197.8
1718.2
129.4
6.5
122.9
43.0
42.0
0.0

1669.3
1669.3
0.0
1262.4
406.9
1354.3
326.8
8.6
318.2
117.0
90.1
0.0

1886.6
1886.6
0.0
1661.6
225.0
1747.1
157.5
17.6
139.9
52.0
54.1
0.0

2502.5
2502.5
0.0
2245.5
257.0
2346.8
169.7
19.2
150.5
54.5
54.1
0.0

1993.8
1993.8
0.0
1681.7
312.1
1796.6
207.9
21.0
186.9
68.6
60.1
0.0

2828.7
2828.7
0.0
2245.5
583.2
2390.1
466.1
23.7
442.4
141.3
120.1
0.0

14.1
37.9
-23.8

119.9
111.1
8.8

37.2
33.8
3.4

49.5
41.9
7.6

83.1
58.2
24.9

219.7
181.0
38.7

74.9
51.1

145.8
154.6

67.7
71.1

75.0
82.6

90.3
115.2

213.1
251.8

0.0
158.6
121.9
47.7
20.0
268.8
146.6
346.5
93.3
5.0
0.4
35.0
1.3
29.5

0.0
199.7
195.9
47.6
40.2
92.7
94.3
446.4
81.1
2.6
0.5
36.8
0.0
59.4

0.0
250.4
146.6
33.1
18.3
90.9
95.2
477.4
92.6
11.2
0.9
0.0
37.2
2.8
24.4

0.0
326.8
316.1
24.3
19.4
84.6
90.8
518.6
93.8
11.3
0.8
0.0
36.2
0.4
24.2

0.0
288.6
219.7
31.6
20.1
70.0
78.4
587.8
90.1
10.1
1.1
0.0
36.7
4.6
26.5

0.0
285.3
282.1
33.5
35.8
82.4
84.6
770.7
84.5
5.1
0.8
0.0
31.9
0.0
47.8

190.2
10.1
6.7
10.2
6.7
12.2
299.4
-33.3
14.7
34.7

223.3
16.8
19.1
26.5
16.8
11.6
210.9
159.8
-9.3
44.6

162.5
9.4
7.4
11.6
7.3
12.1
247.2
-56.2
13.0
47.7

177.4
8.7
6.0
12.5
8.0
11.5
323.3
7.8
32.6
51.9

196.8
8.5
9.4
15.6
9.9
11.5
214.6
24.8
-20.3
58.8

250.7
13.0
15.6
36.8
25.1
11.3
229.0
135.9
41.9
77.1

Shakarganj Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

419

2004

2005

2006

2007

2008

2009

388.4
1620.0
2008.4
0.0
0.0
1670.5
1670.5
3678.9

388.4
2609.5
2997.9
152.1
0.0
2077.2
2229.3
5227.2

579.4
2780.4
3359.8
0.0
0.0
1245.2
1245.2
4605.0

579.4
3844.6
4424.0
0.0
0.0
1930.5
1930.5
6354.5

695.2
2966.8
3662.0
0.0
0.0
2347.9
2347.9
6009.9

695.2
1487.0
2182.2
0.0
975.8
779.6
1755.4
3937.6

2369.7
28.3
2341.4
449.9
464.6
3284.2
2508.3
4178.8
775.9
3507.8
-138.6

3642.3
101.1
3541.2
920.9
941.5
5504.7
4903.8
7133.1
600.9
6548.9
-1261.5

3480.7
190.3
3290.4
1334.4
1823.8
6638.9
7114.0
8359.2
-475.1
7405.1
-3633.3

2300.1
493.2
1806.9
1556.9
1069.9
4926.9
4554.6
6485.1
372.3
5834.4
-2254.5

1671.7
346.4
1325.3
3689.2
120.3
5481.2
6394.9
8742.8
-913.7
7485.1
-4723.2

759.5
28.8
730.7
2493.2
1022.6
4275.3
7076.1
8831.5
-2800.8
7101.6
-6316.6

4138.8
2903.1
135.3
6187.3

6021.7
4626.2
169.1
10130.9

6764.1
5079.9
313.2
11718.8

7967.5
5982.2
362.8
10909.1

9363.5
6923.6
383.1
12404.8

9497.3
6738.4
405.6
11013.7

3983.8
3469.8
514.0
3603.3
380.5
3821.5
349.5
135.0
214.5
20.0
43.6
0.0

5631.4
5215.6
415.8
5150.0
481.4
5374.4
459.1
279.4
179.7
28.0
0.0
58.3

6014.0
5299.2
714.8
5747.4
266.6
6178.6
415.2
701.7
-286.5
34.7
0.0
0.0

7006.4
6198.0
808.4
6789.5
216.9
7511.4
1831.5
922.5
909.0
42.3
57.9
0.0

8807.7
6753.8
2053.9
8103.6
704.1
9110.9
33.9
1008.6
-974.7
21.4
0.0
0.0

5473.2
4258.2
1215.0
4983.6
489.6
5821.8
-224.6
1274.6
-1499.2
20.6
0.0
0.0

2506.8
150.9
2355.9

1548.3
151.7
1396.6

-622.2
-321.2
-301.0

1749.5
808.8
940.7

-344.6
-996.1
651.5

-2072.3
-1519.8
-552.5

286.2
2642.1

320.8
1717.4

-8.0
-309.0

1171.6
2112.3

-613.0
38.5

-1114.2
-1666.7

45.4
130.9
112.4
208.1
3.5
6.0
10.8
517.1
95.9
38.6
3.4
3.8
9.3
2.9
10.7

42.6
112.3
93.1
237.9
1.8
9.8
18.7
771.9
95.4
60.9
5.0
4.3
15.6
5.9
6.0

27.0
93.3
67.7
248.8
-2.4
51.6
2.6
579.9
102.7
169.0
11.7
9.5
-12.1
3.6
-8.5

30.4
108.2
84.7
146.6
8.3
46.2
55.5
763.5
107.2
50.4
13.2
15.8
4.7
1.0
20.5

39.1
85.7
83.8
238.7
-7.9
289.1
-1592.2
526.8
103.4
2975.2
11.5
13.5
-2.2
4.6
-26.6

44.6
60.4
46.0
404.7
-13.6
73.3
66.9
313.9
106.4
-567.5
23.3
17.9
-1.4
0.3
-68.7

446.1
2.2
5.4
5.5
5.0
9.1
64.4
3.8
65.0
51.7

0.0
3.2
4.6
3.9
5.8
55.6
-16.4
41.4
77.2

0.0
0.0
-4.8
-4.9
-5.5
6.8
51.3
-206.5
6.8
58.0

1496.9
1.3
13.0
15.7
15.0
8.7
64.2
-420.4
16.5
76.4

0.0
0.0
-11.1
-14.0
-14.3
5.5
71.0
-189.2
25.7
52.7

0.0
0.0
-27.4
-21.6
-21.9
4.7
49.7
54.3
-37.9
31.4

Sindh Abadgar's Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

420

2004

2005

2006

2007

2008

2009

104.3
16.1
120.4
0.0
0.0
78.4
78.4
198.8

104.3
-59.2
45.1
0.0
0.0
183.5
183.5
228.6

104.3
-18.8
85.5
0.0
0.0
136.5
136.5
222.0

104.3
-55.4
48.9
0.0
0.0
50.0
50.0
98.9

104.3
26.0
130.3
0.0
0.0
145.0
145.0
275.3

104.3
197.4
301.7
0.0
0.0
90.0
90.0
391.7

28.0
28.0
0.0
242.1
51.7
321.8
425.3
503.7
-103.5
271.0
-397.3

8.5
8.5
0.0
221.7
2.3
232.5
306.5
490.0
-74.0
245.1
-298.0

5.0
5.0
0.0
214.5
2.3
221.8
277.3
413.8
-55.5
174.6
-272.3

18.5
18.5
0.0
194.2
139.6
352.3
513.5
563.5
-161.2
127.7
-495.0

15.0
15.0
0.0
229.0
177.1
421.1
511.4
656.4
-90.3
200.0
-496.4

74.1
74.1
0.0
76.0
6.4
156.5
528.1
618.1
-371.6
145.0
-454.0

557.0
302.3
26.1
624.1

790.9
302.7
26.5
535.2

792.1
277.4
27.3
499.2

798.7
260.1
27.8
612.4

932.9
365.6
28.7
786.7

933.5
763.2
43.8
919.7

788.7
788.7
0.0
768.4
20.3
815.4
37.5
20.7
16.8
4.0
0.0
0.0

595.4
595.4
0.0
613.6
-18.2
654.7
-50.4
16.2
-66.6
2.8
0.0
0.0

1049.5
1049.5
0.0
939.6
109.9
976.4
76.0
30.9
45.1
4.7
10.4
0.0

867.9
867.9
0.0
824.4
43.5
858.9
21.5
33.7
-12.2
3.7
0.0
0.0

1020.3
776.3
244.0
912.0
108.3
983.2
39.9
31.6
8.3
2.4
0.0
0.0

1108.8
1108.8
0.0
995.2
113.6
1189.9
-52.1
34.6
-86.7
17.1
0.0
0.0

63.5
12.8
50.7

29.8
-69.4
99.2

-6.6
30.0
-36.6

-123.1
-15.9
-107.2

176.4
5.9
170.5

116.4
-103.8
220.2

38.9
89.6

-42.9
56.3

57.3
20.7

11.9
-95.3

34.6
205.1

-60.0
160.2

39.4
75.7
63.5
418.4
2.7
20.2
43.4
115.4
103.4
55.2
2.6
7.6
23.8
1.0
14.0

80.3
75.9
75.1
1086.5
-12.4
-232.9
-76.2
43.2
110.0
2.7
6.6
3.6
-147.7

61.5
80.0
79.2
484.0
9.0
-454.5
276.8
82.0
93.0
40.7
2.9
17.7
10.4
2.3
52.7

50.6
68.6
41.4
1152.4
-2.0
12.9
-12.5
46.9
99.0
156.7
3.9
26.4
-30.3
0.0
-24.9

52.7
82.3
47.7
503.8
1.1
3.3
16.9
124.9
96.4
79.2
3.1
15.8
28.9
0.0
6.4

23.0
29.6
28.4
204.9
-9.4
-89.2
-37.5
289.3
107.3
-66.4
3.1
23.9
-19.7
0.1
-28.7

0.0
2.1
1.6
1.2
11.0
126.4
-137.2
31.4
11.5

0.0
-11.2
-6.4
-6.7
8.8
111.2
-500.0
-24.5
4.3

388.5
12.2
4.3
4.3
3.9
9.0
210.2
-167.2
76.3
8.2

0.0
0.0
-1.4
-1.2
-1.5
10.0
141.7
-127.9
-17.3
4.7

0.0
0.0
0.8
0.8
0.6
11.0
129.7
-166.7
17.6
12.5

0.0
0.0
-7.8
-8.3
-10.0
12.0
120.6
-1137.5
8.7
28.9

Tandlianwala Sugar Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

421

2004

2005

2006

2007

2008

2009

316.8
222.2
539.0
0.0
0.0
239.0
239.0
778.0

700.1
406.9
1107.0
0.0
0.0
1174.7
1174.7
2281.7

700.1
427.1
1127.2
0.0
0.0
1532.0
1532.0
2659.2

1177.1
574.2
1751.3
0.0
0.0
1840.0
1840.0
3591.3

1177.1
354.7
1531.8
0.0
0.0
1553.8
1553.8
3085.6

1177.1
388.5
1565.6
0.0
0.0
758.5
758.5
2324.1

108.3
108.3
0.0
337.7
302.1
748.1
754.2
993.2
-6.1
692.8
-645.9

230.4
230.4
0.0
375.4
489.4
1095.2
1195.8
2370.5
-100.6
1883.7
-965.4

345.9
345.9
0.0
804.9
1192.4
2343.2
2735.6
4267.6
-392.4
3323.6
-2389.7

60.7
60.7
0.0
1412.4
1921.1
3394.2
3670.7
5510.7
-276.5
3818.4
-3610.0

11.2
11.2
0.0
711.4
2764.2
3486.8
5725.4
7279.2
-2238.6
3939.8
-5714.2

25.2
25.2
0.0
750.8
2060.2
2836.2
5983.2
6741.7
-3147.0
2959.1
-5958.0

1197.6
784.0
30.0
1532.1

2825.2
2382.3
29.3
3477.5

3560.9
3051.6
67.1
5394.8

4440.5
3867.7
509.3
7261.9

6017.8
5324.2
125.4
8811.0

6297.4
5471.1
129.8
8307.3

1214.1
1214.1
0.0
1118.5
95.6
1169.9
47.2
1.9
45.3
5.3
0.0
0.0

2462.2
2462.2
0.0
2223.9
238.3
2291.6
171.5
58.6
112.9
10.8
0.0
0.0

3460.5
3460.5
0.0
3068.3
392.2
3176.4
288.1
215.8
72.3
15.3
0.0
0.0

2415.2
2415.2
0.0
1919.3
495.9
2031.2
387.8
363.6
24.2
10.6
0.0
0.0

2694.6
2694.6
0.0
2176.4
518.2
2329.2
371.2
510.7
-139.5
0.0
5.9
0.0

5805.8
5805.8
0.0
4749.0
1056.8
4993.2
815.3
690.6
124.7
29.7
0.0
0.0

310.5
40.0
270.5

1503.7
102.1
1401.6

377.5
57.0
320.5

932.1
13.6
918.5

-505.7
-145.4
-360.3

-761.5
95.0
-856.5

70.0
340.5

131.4
1533.0

124.1
444.6

522.9
1441.4

-20.0
-380.3

224.8
-631.7

30.7
99.2
59.1
184.3
3.0
12.9
20.6
170.1
96.4
4.0
0.2
0.3
11.7
0.5
8.4

51.5
91.6
50.7
214.1
3.2
6.8
8.6
158.1
93.1
34.2
2.4
3.1
9.6
0.3
10.2

57.6
85.7
42.1
378.6
1.3
15.1
27.9
161.0
91.8
74.9
6.2
6.5
21.2
0.7
6.4

51.2
92.5
40.1
314.7
0.3
1.5
36.3
148.8
84.1
93.8
15.1
9.5
43.8
0.7
1.4

50.4
60.9
12.6
475.2
-1.6
28.8
5.3
130.1
86.4
137.6
19.0
13.0
0.0
0.8
-9.1

32.6
47.4
13.0
430.6
1.5
-12.5
-35.6
133.0
86.0
84.7
11.9
23.3
23.8
0.0
8.0

0.0
3.7
1.4
1.3
4.5
79.2
-255.6
26.0
17.0

0.0
4.6
1.6
1.5
3.7
70.8
14.3
102.8
15.8

0.0
0.0
2.1
1.0
0.8
2.8
64.1
-37.5
40.5
16.1

0.0
0.0
1.0
0.2
0.1
16.7
33.3
-80.0
-30.2
14.9

-2364.4
0.4
-5.2
-1.2
-1.2
3.1
30.6
-700.0
11.6
13.0

0.0
0.0
2.1
1.1
0.8
2.4
69.9
-191.7
115.5
13.3

The Frontier Sugar Mills & Distillery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

422

2004

2005

2006

2007

2008

2009

14.0
204.9
218.9
0.0
0.0
0.0
0.0
218.9

14.0
232.6
246.6
0.0
0.0
0.0
0.0
246.6

14.0
206.8
220.8
0.0
0.0
0.0
0.0
220.8

14.0
174.3
188.3
0.0
0.0
0.0
0.0
188.3

14.0
162.8
176.8
0.0
0.0
0.0
0.0
176.8

13.5
243.3
256.8
0.5
0.0
0.0
0.5
257.3

152.5
135.0
17.5
47.6
1.2
201.3
22.5
22.5
178.8
0.0
130.0

169.0
152.0
17.0
58.1
0.4
227.5
17.3
17.3
210.2
0.0
151.7

157.3
140.4
16.9
53.0
4.9
215.2
26.7
26.7
188.5
0.0
130.6

130.2
109.9
20.3
52.5
2.1
184.8
25.7
25.7
159.1
0.0
104.5

70.4
52.9
17.5
94.6
2.1
167.1
16.6
16.6
150.5
0.0
53.8

83.5
68.2
15.3
66.7
2.1
152.3
6.3
6.8
146.0
0.0
77.2

118.5
40.2
4.6
241.5

118.8
36.3
4.1
263.8

116.6
32.4
3.6
247.6

116.6
29.2
3.2
214.0

116.6
26.3
2.9
193.4

196.7
111.3
2.7
263.6

430.1
410.7
19.4
418.2
11.9
428.7
6.4
0.8
5.6
2.1
0.0
0.0

201.9
187.1
14.8
178.4
23.5
189.6
24.3
0.1
24.2
1.1
0.0
0.0

19.7
19.7
0.0
44.3
-24.6
52.6
-11.2
0.3
-11.5
0.1
0.0
0.0

23.2
23.2
0.0
58.5
-35.3
67.5
-34.4
1.4
-35.8
0.1
0.0
0.0

0.6
0.6
0.0
15.0
-14.4
23.2
-8.8
0.0
-8.8
0.0
0.0
0.0

1.3
1.3
0.0
10.4
-9.1
19.5
-5.0
0.0
-5.0
0.0
0.0
0.0

4.3
3.5
0.8

27.7
23.1
4.6

-25.8
-11.6
-14.2

-32.5
-35.9
3.4

-11.5
-8.8
-2.7

80.5
-5.0
85.5

8.1
8.9

27.2
31.8

-8.0
-22.2

-32.7
-29.3

-5.9
-8.6

-2.3
83.2

0.0
894.7
889.3
10.3
2.3
81.4
91.0
1563.6
99.7
12.5
0.2
37.5
0.1
2.6

0.0
1315.0
1312.7
7.0
9.2
83.4
85.5
1761.4
93.9
0.4
0.0
4.5
0.0
9.8

0.0
806.0
787.6
12.1
-4.6
45.0
36.0
1577.1
267.0
-2.7
1.5
0.0
-0.9
0.0
-5.2

0.0
719.1
710.9
13.6
-16.7
110.5
111.6
1345.0
290.9
-4.1
6.0
0.0
-0.3
0.0
-19.0

0.0
1006.6
994.0
9.4
-4.6
76.5
68.6
1262.9
3866.7
0.0
0.0
0.0
0.0
0.0
-5.0

0.2
2417.5
2384.1
2.6
-1.9
-6.2
-2.8
1902.2
1500.0
0.0
0.0
0.0
0.0
0.0
-1.9

0.0
1.3
4.0
2.5
10.0
178.1
110.5
127.8
156.4

0.0
12.0
17.3
16.5
10.2
76.5
332.5
-53.1
176.1

0.0
0.0
-58.4
-8.2
-8.3
9.9
8.0
-147.4
-90.2
157.7

0.0
0.0
-154.3
-25.6
-25.6
9.9
10.8
212.2
17.8
134.5

0.0
0.0
-1466.7
-6.3
-6.3
9.9
0.3
-75.4
-97.4
126.3

0.0
0.0
-384.6
-3.7
-3.7
10.3
0.5
-41.3
116.7
190.2

The Premier Sugar Mills & Distillery Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

423

2004

2005

2006

2007

2008

2009

37.5
834.3
871.8
0.0
0.0
0.8
0.8
872.6

37.5
962.1
999.6
0.0
0.0
0.3
0.3
999.9

37.5
989.0
1026.5
0.0
0.0
0.0
0.0
1026.5

37.5
920.5
958.0
0.0
0.0
0.0
0.0
958.0

37.5
954.1
991.6
0.0
0.0
0.0
0.0
991.6

37.5
1352.0
1389.5
0.0
0.0
0.0
0.0
1389.5

377.9
104.1
273.8
177.0
183.3
738.2
134.7
135.5
603.5
1.2
243.2

666.8
395.9
270.9
164.5
28.8
860.1
144.6
144.9
715.5
0.8
522.2

691.9
466.9
225.0
156.7
75.2
923.8
205.0
205.0
718.8
69.9
486.9

545.8
320.8
225.0
123.5
117.8
787.1
111.2
111.2
675.9
0.0
434.6

210.2
106.0
104.2
463.0
319.7
992.9
257.5
257.5
735.4
157.8
-47.3

261.0
112.3
148.7
511.5
209.5
982.0
281.4
281.4
700.6
0.0
-20.4

562.8
269.2
26.4
1007.4

605.6
284.4
27.6
1144.5

654.0
307.6
25.1
1231.4

651.1
282.0
22.7
1069.1

683.1
256.3
23.5
1249.2

961.9
688.9
70.3
1670.9

917.4
735.0
182.4
909.8
7.6
944.5
-12.8
3.3
-16.1
5.5
0.0
0.0

864.6
566.3
298.3
717.3
147.3
756.5
139.4
1.5
137.9
6.3
0.0
0.0

240.7
211.4
29.3
262.7
-22.0
296.4
52.0
3.8
48.2
1.8
0.0
0.0

276.7
276.7
0.0
394.3
-117.6
432.9
-95.3
9.6
-104.9
1.3
0.0
0.0

434.8
434.8
0.0
466.5
-31.7
521.6
5.2
10.7
-5.5
0.3
0.0
0.0

530.4
530.4
0.0
470.5
59.9
529.0
64.7
18.0
46.7
16.2
11.3
0.0

-94.5
-21.6
-72.9

127.3
131.6
-4.3

26.6
46.4
-19.8

-68.5
-106.2
37.7

33.6
-5.8
39.4

397.9
19.2
378.7

4.8
-68.1

159.2
154.9

71.5
51.7

-83.5
-45.8

17.7
57.1

89.5
468.2

0.1
548.0
412.0
15.5
-1.6
2324.8
103.0
0.4
275.0
4.8
-1.8

0.0
594.8
574.9
14.5
12.0
103.4
102.8
2665.6
87.5
1.1
0.2
187.5
4.6
2.7
13.8

0.0
450.6
414.0
20.0
3.9
174.4
138.3
2737.3
123.1
7.3
1.6
5.4
3.7
10.8
4.7

0.0
707.8
601.9
11.6
-9.8
155.0
182.3
2554.7
156.5
-10.1
3.5
0.0
-1.2
4.3
-10.9

0.0
385.6
261.4
26.0
-0.4
-17.3
31.0
2644.3
120.0
205.8
2.5
6.8
-5.5
3.7
-0.6

0.0
349.0
274.5
20.3
2.8
4.8
19.1
3705.3
99.7
27.8
3.4
0.0
34.7
0.3
3.4

0.0
-1.8
-4.3
-5.8
9.3
91.1
-45.6
46.8
232.5

0.0
15.9
36.8
35.1
10.3
75.5
-955.8
-5.8
266.6

0.0
0.0
20.0
12.9
12.4
7.6
19.5
-64.9
-72.2
273.7

0.0
0.0
-37.9
-28.0
-28.3
7.4
25.9
-317.1
15.0
255.5

0.0
0.0
-1.3
-1.5
-1.5
8.3
34.8
-94.6
57.1
264.4

269.9
0.8
8.8
12.5
8.1
34.4
31.7
-933.3
22.0
370.5

The Thal Industries Corporation Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

424

2004

2005

2006

2007

2008

2009

150.2
-132.4
17.8
0.0
0.0
64.2
64.2
82.0

150.2
121.1
271.3
0.0
0.0
39.1
39.1
310.4

150.2
105.3
255.5
0.0
0.0
10.9
10.9
266.4

150.2
104.2
254.4
0.0
0.0
0.0
0.0
254.4

150.2
197.5
347.7
0.0
0.0
17.5
17.5
365.2

150.2
370.8
521.0
0.0
0.0
382.5
382.5
903.5

3.0
3.0
0.0
138.9
119.3
261.2
836.1
900.3
-574.9
204.2
-833.1

21.5
21.5
0.0
279.5
52.7
353.7
744.5
783.6
-390.8
101.3
-723.0

16.4
16.4
0.0
269.6
230.7
516.7
911.2
922.1
-394.5
139.0
-894.8

53.3
53.3
0.0
302.6
200.6
556.5
966.5
966.5
-410.0
33.6
-913.2

117.8
117.8
0.0
632.3
278.6
1028.7
1750.3
1767.8
-721.6
352.3
-1632.5

24.8
24.8
0.0
531.9
696.2
1252.9
2070.1
2452.6
-817.2
927.9
-2045.3

945.2
656.9
72.2
918.1

1140.0
701.4
78.3
1055.1

1167.9
660.8
72.1
1177.5

1241.0
664.5
70.6
1221.0

1730.1
1086.9
67.7
2115.6

2503.5
1720.7
140.0
2973.6

881.3
881.3
0.0
949.9
-68.6
974.3
-90.5
23.9
-114.4
3.8
0.0
0.0

1592.6
1592.6
0.0
1307.0
285.6
1355.2
240.5
25.6
214.9
6.9
22.5
0.0

1900.9
1900.9
0.0
1787.1
113.8
1835.8
78.6
55.3
23.3
8.4
15.0
0.0

1971.0
1971.0
0.0
1850.4
120.6
1905.3
71.1
43.1
28.0
8.6
0.0
0.0

2434.2
2023.4
410.8
2144.6
289.6
2242.5
206.6
55.2
151.4
4.1
22.5
0.0

3805.0
3805.0
0.0
3145.0
660.0
3313.8
503.4
196.2
307.2
61.2
30.0
0.0

0.0
-118.2
118.2

228.4
185.5
42.9

-44.0
-0.1
-43.9

-12.0
19.4
-31.4

110.8
124.8
-14.0

538.3
216.0
322.3

-46.0
72.2

263.8
306.7

72.0
28.1

90.0
58.6

192.5
178.5

356.0
678.3

78.3
31.2
17.0
5057.9
-12.5
-63.7
11.9
110.6
2.7
11.7
0.0
-642.7

12.6
47.5
40.4
288.8
20.4
81.2
86.0
180.6
85.1
10.6
1.6
25.3
3.2
0.7
79.2

4.1
56.7
31.4
360.9
2.0
0.2
256.2
170.1
96.6
70.4
2.9
39.8
36.1
0.8
9.1

0.0
57.6
36.8
379.9
2.3
-161.7
153.6
169.4
96.7
60.6
2.2
128.3
30.7
1.0
11.0

4.8
58.8
42.9
508.4
7.2
112.6
107.8
231.5
92.1
26.7
2.3
15.7
2.7
3.1
43.5

42.3
60.5
26.9
470.7
10.3
40.1
52.5
346.9
87.1
39.0
5.2
21.1
19.9
2.7
59.0

0.0
-13.0
-7.6
-7.9
12.7
96.0
0.0
0.0
1.2

924.4
8.3
13.5
14.3
13.8
12.1
150.9
-288.2
80.7
18.1

99.3
5.9
1.2
1.6
1.0
10.3
161.4
-88.8
19.4
17.0

0.0
0.0
1.4
1.9
1.3
10.7
161.4
18.8
3.7
16.9

654.7
6.5
6.2
10.1
9.8
10.2
115.1
431.6
23.5
23.1

820.0
5.8
8.1
20.5
16.4
12.9
128.0
103.0
56.3
34.7

Abdullah Shah Ghazi Sugar Mills Ltd.(Al-Asif Sugar Mills Ltd.)

65-Infantry Road, Military Accounts Colony, Lahore

Management

Banker

Mr. Muhammad Irshad Butt(Chairman/C.E)

MCB Bank Ltd.

Mr. Farrukh Iqbal(Director)

Meezan Bank Ltd.

Mrs. Qamur-ul-Nisa(Director)

Habib Metropolitan Bank Ltd.

Mr. Riaz Qadeer Butt(Director)

United Bank Ltd.

Mr. Fiaz Qadeer Butt(Director)

Allied Bank Ltd.

Mr. Azhar Qadeer Butt(Director)

Arif Habib Bank Ltd.

Mr. Awais Butt(Director)

Bank Al Falah Ltd.

Auditor
M/s. Faruq Ali & Co.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

4.51

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.97

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.84

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugarcane crushing

Capacity

Actual Production

306,000

191,744

M. Tons

Adam Sugar Mills Ltd.

Haji Adam Chambers, Altaf Hussain Road, New Challi, Karachi-2

Management

Banker

Mr. Ghulam Ahmad Adam(Chairman / C.E.O.)

Habib Bank Ltd.

Syed Rafique Mohammad Shah(Director)

MCB Bank Ltd.

Mr. Abdul Karim(Director)

NIB Bank Ltd.

Auditor
M/s. Haroon Zakaria & Co.

Mr. Jawaid Ahmed(Director)

Lt. Col. (Retd.) Muhammad Mujtaba(Director)
Mr. Junaid G. Adam(Director)
Mr. Omar G. Adam(Director)
Date of Annual General Meeting

10th February , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

14.88

Highest Price in

2009

Rs.

18.50

Lowest Price in

2009

Rs.

11.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.00

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

10

Units

20

Capacity

Actual Production

Cane crushing

M.Tons

640,000

256,030

Sugar

M.Tons

23,167

24,835

425

Al-Abbas Sugar Mills Ltd.

2nd Floor, Pardesi House, Survey No.2/1, R.Y. 16, Old Queens Road Karachi-74000.

Management

Banker

Mr. Muhammad Iqbal Usman(Chairman)

Albaraka Islamic Bank

Mr. Shunaid Qureshi(Chief Executive)

Bank Alfalah Ltd.

Mr. Munawar Alam Siddiqui(Director)

Habib Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mr. Muhammad Salman Husain Chawala(Directo MCB Bank Ltd.

Mr. Suleman Lalani(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Duraid Qurashi(Director)

Allied Bank Ltd.

Mr. Asim Ghani(Director)

United Bank Ltd.

Date of Annual General Meeting

27th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

78.99

Highest Price in

2009

Rs.

96.00

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

61.47

Ordinary Shares Bonus (%)

40

Average Price in

2009

Rs.

78.76

Preference Shares(%)

Investment Yield%

15

Capacity

Actual Production

Sugar

M. Tons

73,862

52,850

Distillery

M. Tons

31,150

30,123

Units

Production Desc

Al-Noor Sugar Mills Ltd.

Plot No. 96-A, Sindhi Muslim Housing Society, Karachi

Management

Banker

Auditor

Mr. Ismail H. Zakaria(Chairman/M.D.)

Habib Bank Ltd.

M/s. M.Yousaf Adil Saleem & Co.

Mr. Suleman Ayoob(Director)

MCB Bank Ltd.

Mr. Yusuf Ayoob(Director)

Pak Kuwait Investment Company (Pvt.) Ltd.

Mr. A. Aziz Ayoob(Director)

Pakistan Industrial Credit & Investment Corp. Ltd.

Mr. Muhammad Asif (NIT)(Director)

Saudi Pak Industrial & Agriculture Investment Co

Mr. Shamim Ahmed (NIT)(Director)

Mr. Zia I. Zakaria(Director)
Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

21.25

Highest Price in

2009

Rs.

24.84

Lowest Price in

2009

Rs.

14.19

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

16.04

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

25

Capacity

Actual Production

Sugar

M. Tons

71,400

66,495

Board

Cubic Meters

40,260

40,325

426

Ansari Sugar Mills Ltd.

41-K, Block-6, P.E.C.H.S., Karachi

Management

Banker

Auditor

Dr. Dinshaw Hoshang Ankelsaria(Chairman / C.E Allied Bank Of Pakistan Ltd.

Mr. Ahmed Khan Ansari(Director)

Habib Bank Ltd.

Mr. Abdul Hafeez Ansari(Director)

MCB Bank Ltd.

Mrs. Nasreen Ghani Ansari(Director)

National Bank Of Pakistan

M/s Khalid Majid Rahman Sarfaraz Rahim Iqbal R

Mr. Imran Rasheed Ansari(Director)

Syed Anwar Raza Naqvi(Director)
Mr. S. M. Ahsan Raza (NIT)(Director)
Date of Annual General Meeting

29th December , 2009

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

4.51

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.89

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.95

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugar

Capacity

Actual Production

86,400

55,963

M.Tons

Baba Farid Sugar Mills Ltd.

1st Floor, Panorama Centre, Raja Ghazanfar Ali Khan Road, Saddar, Karachi

Management

Banker

Mr. Kaiser Mahmood Fecto(Chairman / C.E.O.)

Bank Of Punjab

Mr. Munawar Ali Fecto(Director)

NIB Bank Ltd.

Mr. Imran Azim(Director)

MCB Bank Ltd.

Mr. Fazalur Rehman(Director)

My Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mrs. Abida Bano(Director)

Mr. Moin A. Haroon(Director)
Mr. James R. Richards(Director)
Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

4.16

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.00

Preference Shares(%)

Investment Yield%

Production Desc
Sugar

Units
M.Tons

427

Capacity

Actual Production

27,200

17,306

Bawany Sugar Mills Ltd.

7th Floor, Block ' A', Finance & Trade Centre, Off. Shahra - e - Faisal, Karachi.

Management

Banker

Mr. Pervez Ahmed Khan(Chairman / C.E.O.)

Habib Bank Ltd.

Dewan Muhammad Masood Farooqui(Director)

Habib Metropolitan Bank Ltd.

Mr. Muhammad Aslam Khan(Director)

National Bank Of Pakistan

Mr. Muhammad Ilyas A. Sattar(Director)

Habib Bank Ltd.

Auditor
M/s. Faruq Ali & Co.

Mr. Muhammad Baqir Jafferi(Director)

Mr. Khalid Hayat Khan(Director)
Mr. Qamar-uz-Zaman(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

2.29

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.20

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.75

Preference Shares(%)

Investment Yield%

Production Desc
Sugarcanr crushed

Units

Capacity

Actual Production

630,000

134,539

M.Tons

Chashma Sugar Mills Ltd.

Banglow No. 16, PSM Colony, Nowshera Road, Mardan

Management

Banker

Auditor

Mr. Khan Aziz Sarfaraz Khan(Chairman / C.E.O. Bank Alfalah Ltd.

M/s. Hameed Chaudhri & Co.

Mr. Abbas Sarfaraz Khan(Director)

Bank Al-Habib Ltd.

Begum Laila Sarfaraz(Director)

Habib Bank Ltd.

Mr. Babar Ali Khan(Director)

MCB Bank Ltd.

Ms. Zarmine Sarfaraz(Director)

National Bank Of Pakistan

Mr. Iskandar M. Khan(Director)

Silk Bank Ltd.

Ms. Najda Sarfaraz(Director)

The Bank Of Khyber

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

5.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.66

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugarcane crushed

M.Tons

2,700,000

1,050,807

Sugar

M.Tons

100,000

85,234

428

Colony Sugar Mills Ltd.

Ismail Aiwan-e-Science Building, 205-Ferozepur Road, Lahore.

Management

Banker

Mr. Naveed M. Sheikh(Chairman)

National Bank of Pakistan

Mr. Faqir Hussain Khan(Chief Executive)

Emirates Globale Islamic Bank

Mian Muhammad Ali(Director)

Faysal Bank Ltd.

Mr. Muhammad Asghar(Director)

KASB Bank Ltd.

Mr. Ahmed Haji Mussa(Director)

The Bank Of Punjab

Auditor
M/s. Naveed Zafar Husain Jaffery & Co.

Mr. Asad Ali(Director)

Ms. Samina Gul(DirectorM/s.)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

11.80

Percentage Dividend rate :

Highest Price in

2009

Rs.

48.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

11.80

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.26

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugar

M.Tons

Ethanol

Liters

Capacity

Actual Production

688,030

64,736

41,625,000

13,522,468

Crescent Sugar Mills And Distillery Ltd.

New Lahore Road, Nishatabad, Faisalabad.

Management

Banker

Mr. Mazhar Karim(Chairman)

Habib Metropolitan Bank Limted

Mr. Muhammad Arshad(Chief Executive)

National Bank Of Pakistan

Mr.Abid Mahmood(Director)

MCB Bank Ltd.

Mr. Khalid Bashir(Director)

United Bank Ltd.

Auditor
M/S Riaz Ahmad & Co.

Mr. Muhammad Anwar(Director)

Mr. Salman Rafi(Director)
Mr. Jamal Nasim (NIT)(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

5.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.55

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.05

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugar

M. Tons

24,800

14,403

Distillery

Liters

2,727,000

271,557

Spinning

Kgs.

20,385,786

13,438,156

429

Dewan Sugar Mills Ltd.

7th Floor, Block- 'A', Finance & Trade Centre, Shahra-e- Faisal, Karachi.

Management

Banker

Auditor

Dewan Muhammad Yosuf Faqooqui(Chairman / National Bank Of Pakistan

M/s Feroze Sharif Tariq & Co.

Dewan Abdur Rehman Farooqui(Managing Direc My Bank Ltd.

Dewan Asim Mushfiq Farooqui(Director)

Habib Bank Ltd.

Dewan Abdullah Ahmed(Director)

Meezan Bank Ltd.

Dewan Abdul Baqi Farooqui(Director)

MCB Bank Ltd.

Mr. Harron Iqbal(Director)

NIB Bank Ltd.

Mr. Azizul Haque(Director)

The Bank Of Punjab

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

3.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.35

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.60

Preference Shares(%)

Investment Yield%

Capacity

Actual Production

Sugarcan Crushed

M. Tons

1280835

124,543

Sugar

M. Tons

100,000

85,137

Units

Production Desc

Faran Sugar Mills Ltd.

Bank House No.1, 3rd Floor Habib Square, M.A.Jinnah Road, Karachi.

Management

Banker

Auditor

Mr. Mohammad Amin Ahmed Bawany(Chairman United Bank Limited

M/s. Rahman Sarfaraz Rahim Iqbal Rafiq

Mr. Muhammad Omer Amin Bawany(Vice ChairmHabib Metropolitan Bank Limted

Mr. Ahmed Ali Mohammed Amin(Chief Executive MCB Bank Ltd.
Mr. Iqbal A. Rehman(Director)

Bank Al-Habib Ltd.

Mr. Abdul Wahid A Ghaffar(Director)

Habib Bank Ltd.

Mr. A. Wahid Jalilwala(Director)

Bank Al-Falah Ltd.

Mr. Muhammad Asif (NIT)(Director)

Al baraka Islamic Bank

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

17.00

Highest Price in

2009

Rs.

18.50

Lowest Price in

2009

Rs.

11.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

13.81

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

17.5

Units

30

Capacity

Actual Production

Crushing of sugarcane

M. Tons

1,440,000

685,778

Sugar

M. Tons

Indeterminable

63,473

430

Fecto Sugar Mills Ltd.

1st Floor, Panorama Centre-2, Raja Ghazanfar Ali Khan Road, Saddar, Karachi.

Management

Banker

Mr. Munawar Ali Fecto(Chief Executive)

MCB Bank Ltd.

Mr. Kaiser Mahmood Fecto(Deputy C.E.O.)

Bank Of Khyber

Mr. James R. Richards(Director)

NIB Bank Ltd.

Mr. Moin A. Haroon(Director)

My Bank Ltd.

Auditor
M/s. Rehman Sarfaraz Rahim Iqbal Rafique.

Mr. Imran Azim(Director)

Mrs. Abida Bano(Director)
Mr. Fazalur Rehman(Director)
Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

8.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

13.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.75

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugar

10.00

Capacity

Actual Production

48,000

32,940

M. Tons

Habib - ADM Ltd.( Habib Arkady LTD.)

2nd Floor, UBL Building, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Gaffar A. Habib(Chairman)

Citibank N.A.

Mr. Ovais G. Habib(Managing Director)

National Bank of Pakistan

Mr. Yusaf A. Habib(Director)

Bank Al-Habib Ltd.

Auditor
M/s. Hyder Bhimji & Company

Mr. Tufail Y. Habib(Director)

Mr. Kenneth Denis Hayes(Director)
Ms. Fatemah G. Habib(Director)
Dr. Salma Habib(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

16.05

Highest Price in

2009

Rs.

16.51

Lowest Price in

2009

Rs.

7.76

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

10.79

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
High Fructose Syrup

40

Units
Metric tons

431

19

Capacity

Actual Production

45,000

21,037

Habib Sugar Mills Ltd.

Imperial Court, 4th Floor, Dr. Ziauddin Ahmed Road, Karachi-75530

Management

Banker

Mr. Asghar D. Habib(Chairman)

Allied Bank of Pakistan Ltd.

Mr. Raeesul Hasan(Chief Executive)

Bank Al Habib Ltd.

Mr. Ali Raza D. Habib(Director)

Citibank N.A.

Mr. Muhammad Nawaz Tishna(Director)

Habib Metropolitan Bank Limted

Mr. Murtaza H. Habib(Director)

Habib Bank Ltd.

Mr. Farouq Habib Rahimtoola(Director)

First Women Bank Ltd.

Mr. Amin Ali Abdul Hamid(Director)

Meezan Bank Ltd.

Auditor
M/s. Emst & Young Ford Rhodes Sidat Hyder & C

Date of Annual General Meeting

28th January , 2010

Face Value

Rs.

5.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

34.84

Highest Price in

2009

Rs.

36.75

Percentage Dividend rate :

Ordinary Shares (%)

35

Lowest Price in

2009

Rs.

21.40

Ordinary Shares Bonus (%)

25

Average Price in

2009

Rs.

27.23

Preference Shares(%)

Investment Yield%

Production Desc

Units

Cane crushing

M. Tons

Sugar Distillery

M. Tons

Textile production

Kgs.

11

Capacity

Actual Production

840,000

780,578

34,000

21,739

300,000

534,526

Haseeb Waqas Sugar Mills Ltd.

6-F, Model Town, Lahore

Management

Banker

Brig. (R) Muhammad Akram(Chief Executive)

NIB Bank Ltd.

Mrs. Zainab Waqas()

MCB Bank Ltd.

Mr. Iqbal Latif(Director)

National Bank Of Pakistan

Hafiz M. Irfan Hussain Butt(Director)

The Bank Of Punjab

Mr. Sohail Ahmed Butt(Director)

United Bank Ltd.

Auditor
M/s. Qadeer & Company

Miss. Zakia Ilyas(Director)

Mr. Raza Mustafa(Director)
Date of Annual General Meeting

25th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

64.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

64.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

28.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

41.26

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugarcane crushed

M. Tons

784.000

162.503

Sugar

M. Tons

59,584

12,270

432

Husein Sugar Mills Ltd.

30-A E/1, Old FCC, Gulberg-III, Lahore

Management

Banker

Mst. Nusrat Shamim(Chairperson / CEO.)

Allied Bank Of Pakistan Ltd.

Mr. Ahmed Ali Tariq(Director)

Bank Alfalah Ltd.

Mr. Sajjad Aslam(Director)

Habib Bank Ltd.

Mian Shahzad Aslam(Director)

MCB Bank Ltd.

Mian Farrukh Naseem(Director)

National Bank Of Pakistan

Mian Aamir Naseem(Director)

Bank Of Punjab

Mst. Shirin Abid(Director)

United Bank Ltd.

Auditor
M/S Riaz Ahmad & Co.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

17.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

22.80

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.81

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

20.00

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugarcane crushing

Capacity

Actual Production

428,960

36,920

M. Tons

JDW Sugar Mills Ltd.

17-Abid Majeed Road, Lahore Cantt., Lahore.

Management

Banker

Auditor

Syed Ahmed Mahmud(Chairman)

Allied Bank Ltd.

KPMG Taseer Hadi & Co.

Mr. Jahangir Khan Tareen(Chief Executive)

National Bank of Pakistan

Mr. Asim Nisar Bajwa(Director)

Habib Bank Ltd.

Mr. Ijaz Ahmed Phulpoto(Director)

MCB Bank Ltd.

Mr. Muhammad Ismail(Director)

The Bank Of Punjab

Mr. Imtiaz Ali(Director)

United Bank Ltd.

Mr. Abdul Ghaffar(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

49.00

Highest Price in

2009

Rs.

57.00

Lowest Price in

2009

Rs.

28.82

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

42.34

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

Capacity

Actual Production

Crushing of sugarcane

Metric tons

3,360,000

2,084,228

sugar

Metric tons

150,000

233,012

433

Khairpur Sugar Mills Ltd.

Khairpur House, G-22/II, Gizri Avenue, Defence Housing Authority, Phase IV, Karachi.

Management

Banker

Auditor

Mr. Muhammad Mubeen Jumani(Chairman / C.E Allied Bank Of Pakistan Ltd.

Mr. Faisal Mubeen Jumani(Director)

Bankers Equity Ltd.

Mr. Muhammad Bux Jumani(Director)

MCB Bank Ltd.

Mrs. Qamer Mubeen Jumani(Director)

NIB Bank Ltd.

Mr. Ahmed Ali Jumani(Chairman)

United Bank Ltd.

M/s Haroon Zakaria & Company

Mr. Fahad Mubeen Jumani(Director)

Mr. Faraz Mubeen Jumani(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

2.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

8.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.50

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugarcane crushing

Capacity

Actual Production

640,000

352,960

M.Tons

Kohinoor Sugar Mills Ltd.

Plot No. 29-G, Gulberg-III, Lahore.

Management

Banker

Mr. M. Farooque Saigol(Chief Executive)

Faysal Bank Ltd.

Mr. M. Usman Saigol(Director)

Habib Bank Ltd.

Mr. M. Saleem Saigol(Director)

MCB Bank Ltd.

Auditor
M/s.UHY Hassan Naeem & Co.

Mr. Zahid Sultan Sheikh(Director)

Mr. Khwaja Khurshid Anwar(Director)
Mr. Tariq Rehman(Director)
Mr. Firasat Ali (NIT)(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

10.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

16.55

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

11.78

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugarcane crushing

M.Tons

237,684

318,959

Sugar

M.Tons

20,322

29,163

434

Mehran Sugar Mills Ltd.

Adamjee House, 8th Floor, I.I.Chundrigar Road, Karachi.

Management

Banker

Mr. Mohammed Kasim Hasham(Chairman)

Auditor

MCB Bank Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Mohammed Ebrahim Hasham(Chief Executiv Bank Alflah Limited

Mr. Mohammed Hussain Hasham(Director)

Bank Al Habib Ltd.

Mr. Khurram Kasim(Director)

Al Baraka Islamic Bank

Mr. Ahmed Ebrahim Hasham(Director)

Mr. Abdul Razzaq Usman(Director)
Mr. Mohammad Iqbal(Director)
Date of Annual General Meeting

26th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

55.00

Highest Price in

2009

Rs.

56.45

Percentage Dividend rate :

Ordinary Shares (%)

35

Lowest Price in

2009

Rs.

17.50

Ordinary Shares Bonus (%)

30

Average Price in

2009

Rs.

26.17

Preference Shares(%)

Investment Yield%

Production Desc

Units

sugar

25

Capacity

Actual Production

70,000

47,690

M. Tons

Mirpurkhas Sugar Mills Ltd.

Modern Motors House, Beaumont Road, Karachi-75530

Management

Banker

Mr. Mahmood Faruque(Chairman)

NIB Bank Ltd.

Mr. Aslam Faruque(Chief Executive)

Habib Bank Ltd.

Mr. Mohammed Faruque(Director)

MCB Bank Ltd.

Mr. Akbarali Pesnani(Director)

Allied Bank Ltd.

Mr. Tariq Faruque(Director)

United Bank Ltd.

Mr. Arif Faruque(Director)

Bank Al-Habib Ltd.

Mr. Maqbool H. Rahimtoola (NIT)(Director)

Natioanl Bank of Paksitan

Auditor
M/s. Hyder Bhimji & Co.

Date of Annual General Meeting

27th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

71.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

93.00

Ordinary Shares (%)

25

Lowest Price in

2009

Rs.

59.70

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

76.35

Preference Shares(%)

Production Desc

Investment Yield%

Units

37

Capacity

Actual Production

Crushing of sugarcane

M.Tons

517,500

435,690

Sugar

M.Tons

60,000

46,235

435

Mirza Sugar Mills Ltd.

10th Floor, Portion B. Lakson Square Building No.1, Sarwar Shaheed Road, Karachi.

Management

Banker

Auditor

Dr. (Mrs.) Fehmida Mirza(Chairperson / CEO.)

Habib Bank Ltd.

Allied Bank Of Pakistan Ltd.

Dr. Zulfiqar Ali Mirza(Director)

MCB Bank Ltd.

M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co.

Mr. Arshad Abid Abbasi(Director)

National Bank Of Pakistan

Ms. Fareha Abid Kazi(Director)

NIB Bank Ltd.

Ms. Farida Abbasi(Director)

Mirza Saulat Raza(Director)
Mr. Irshad Hussain Mirza(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

5.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.13

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugar

Capacity

Actual Production

62,640

18,000

M.Tons

Noon Sugar Mills Ltd.

1st Floor, Alfalah Building, Shahrah-e-Quaid-e-Azam Lahore.

Management

Banker

Mr. Manzoor Hayat Noon(Chairman / C.E.O.)

Allied Bank Limited

Mr. K. Iqbal Talib(Director)

MCB Bank Ltd.

Mr. Salman Hayat Noon(Director)

United Bank Ltd.

Mr. Javed Ali Khan(Director)

Habib Bank Ltd.

Auditor
M/s. Hamid Chaudhri & Co.

Mr. Zaheer Ahmad Khan(Director)

Mr. Safdar M. Hayat Qureshi(Director)
Mr. Adnan Hayat Noon(Director)
Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

24.49

Percentage Dividend rate :

Highest Price in

2009

Rs.

32.04

Ordinary Shares (%)

10

Lowest Price in

2009

Rs.

10.68

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

15.65

Preference Shares(%)

Production Desc

Investment Yield%

Units

13

Capacity

Actual Production

Distillery

Th. Liters

10,800

7,350

Cane crushing

M.Tons

1,280,000

358,130

Sugar

M.Tons

1,280,000

30,965

436

Pangrio Sugar Mills Ltd.

10th Floor, Building No.1, Lakson Square, Sarwar Shaheed Road, Karachi.

Management

Banker

Mr. Aftab Ahmad(Chairman / C.E.O.)

Allied Bank Ltd.

Begum Akhtar Abid(Director)

Bankers Equity Ltd.

Ms. Naheed Zafar Mirza(Director)

Samba Bank Limited

Mr. Abbas Ally Agha(Director)

Habib Bank Ltd.

Mr. Ali Ghazi Mirza(Director)

MCB Bank Ltd.

Mr. Abdullah Kamran Soomro(Director)

National Bank Of Pakistan

Mr. Asif Saeed(Director)

United Bank Ltd.

Auditor
M/s. Aslam Malik & Co.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

5.04

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.50

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sugar

Capacity

Actual Production

42,600

11,950

M.Tons

Sakrand Sugar Mills Ltd.

41-K, Block-6, P.E.C.H.S., Karachi.

Management

Banker

Mr. Dinshaw H. Anklesaria(Chairman / C.E.O.)

Habib Bank Ltd.

Mr. Jamil Akbari(Director)

MCB Bank Ltd.

Syed Abid Hussain(Director)

National Bank Of Pakistan

Auditor
M/s. Rahman Sarfaraz Rahim iqbal Rafiq

Mr. Abdul Naeem Quraishi(Director)

Mr. Neville Mehta(Director)
Mrs. Fatma Gulamali(Director)
Mrs. Roxanne Mehta(Director)
Date of Annual General Meeting

13th April

Year Ending :

30th September, 2009

Face Value

Rs.

10.00

Market Price as on 30/09/2009

Rs.

2.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.55

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.51

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.43

Preference Shares(%)

Investment Yield%

Production Desc
Sugarcane crushing

, 2010

Units
M. Tons

437

Capacity

Actual Production

86,400

27,555

Saleem Sugar Mills Ltd.

Amin Building, 65-The Mall, Lahore.

Management

Banker

Mr. Mujib Ur Rehman(Chairman)

Auditor

Allied Bank Ltd.

M/s. Hyder Bhimji & Co.

Mr. Faisal Saleem(Chief Executive)

Mr. Masood Ur Rehman(Director)
Mr. Ghulam Shah(Director)
Mr. Muhammad Azeem(Director)
Mr. Pazeer Ahmad(Director)
Mr. Mehmood Shah(Director)
Date of Annual General Meeting

31st January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

7.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Capacity

Actual Production

Cane Crushing

Production Desc

Units
M.Tons (Per day)

2,200

Beet Slicing

M.Tons (Per day)

1,470

Cattle Feed Production

M.Tons (Per day)

30

Sanghar Sugar Mills Ltd.

101- 1st Floor, Ocean Centre, Talpur Road, Karachi.

Management

Banker

Haji Khuda Bux Rajar(Chairman / C.E.O.)

Habib Bank Ltd.

Jam Mitha Khan(Director)

Allied Bank Of Pakistan Ltd.

Mr. Mohammad Aslam(Director)

Askari Bank Ltd.

Mr. Ghulam Dastagir Rajar(Director)

MCB Bank Ltd.

Qazi Shamsuddin(Director)

National Bank Of Pakistan

Mr. Gul Muhammad(Director)

NIB Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mr. Rana Ahmed Khan (NIT)(Director)

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

15.75

Highest Price in

2009

Rs.

20.97

Lowest Price in

2009

Rs.

10.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.49

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

10

Units

18

Capacity

Actual Production

Sugar

M.Tons

65,302

57,308

Sugarcane crushing

M.Tons

1,092,000

597,111

438

Shahmurad Sugar Mills Ltd.

96-A, Sindhi Muslim Society, Karachi-74400.

Management

Banker

Auditor

Mr. Ismail H. Zakaria(Chairman)

Habib Bank Ltd.

M/s. Hyder Bhimji & Co.

Mr. Yusaf Ayoob(Chief Executive)

MCB Bank Ltd.

Mr. Suleman Ayoob(Director)

National Bank Of Pakistan

Mr. A. Aziz Ayoob(Director)

Saudi Pak Industrial & Agriculture Investment Co

Mr. Zia I. Zakaria(Director)

Mr. Ghulam Mohiuddin Zakaria(Director)
Mr. Zohair Zakaria(Director)
Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

10.26

Highest Price in

2009

Rs.

12.47

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.50

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

5.76

Preference Shares(%)

Investment Yield%

Production Desc

Units

26

Capacity

Actual Production

Sugar

M.Tons

79,800

47,690

Ethanol

M.Tons

33,000

20,997

Shahtaj Sugar Mills Ltd.

19-Dockyard Road, West Wharf, Karachi-74000

Management

Banker

Auditor

Mr. Mahmood Nawaz(Chairman)

Habib Bank Ltd.

M/s. Ford, Rhodes, Sidat Hyder & Co.

Mr. Muneer Nawaz(Chief Executive)

MCB Bank Ltd.

Mr. Cowasjee R.F Cowasjee(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Ardeshir Cowasjee(Director)

United Bank Ltd.

Mr. C.M. Khalid(Director)

Mr. M. Naeem(Director)
Mr. Ijaz Ahmed(Director)
Date of Annual General Meeting

28th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

100.00

Highest Price in

2009

Rs.

116.81

Lowest Price in

2009

Rs.

58.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

87.46

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Sugar

100

Units
M.Tons

439

38

Capacity

Actual Production

108,800

65,089

Shakarganj Mills Ltd.

BOP Tower, 10-B, Block E-2, Gulberg III, Lahore.

Management

Banker

Auditor

Mr. Mazhar Karim(Chairman)

Allied Bank Ltd.

Mr. Ahsan M. Salim(Chief Executive)

National Bank Of Pakistan

Mr. Kaleem Uddeen Ahmad(Director)

MCB Bank Ltd.

Mr. Khalid Bashir(Director)

Bank of Punjab Ltd.

Mr. Muhammad Anwar(Director)

United Bank Limited

Mr. Muhammad Arshad(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Muhammad Asif(Director)

Askari Bank Ltd.

Date of Annual General Meeting

05th April

Year Ending :

30th September, 2009

M/s. A. F. Ferguson & Co.

Face Value

Rs.

Market Price as on 30/09/2009

Rs.

8.12

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

4.65

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.48

Preference Shares(%)

Investment Yield%

Production Desc

, 2010

10.00

Units

Capacity

Actual Production

Cane crushing

M. Tons

1,858,000

784,056

Ethanol (distillery)

Thousand Liters

68,580

33,320

Building material (Particle board)

Cubic Meter

1,830

1,643

Sindh Abadgar's Sugar Mills Ltd.

209, 2nd Floor, Progressive Plaza, Beaumont Road, Karachi.

Management

Banker

Mr. Deoo Mall Essarani(Chairman / C.E.O.)

Askari Bank Ltd.

Mr. Dhaloo Mal(Director)

Allied Bank Ltd.

Mr. Pehlaj Raj(Director)

MCB Bank Ltd.

Mr. Mohan Lal(Director)

Bank Al-Falah Ltd.

Dr. Besham Kumar(Director)

KASB Bank Ltd.

Auditor
M/s Khalid Majid Rahman Sarfaraz Rahim Iqbal R

Dr. Tara Chand(Director)

Mr. Mahesh Kumar(Director)
Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

10.20

Percentage Dividend rate :

Highest Price in

2009

Rs.

17.20

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

13.17

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugarcane crushing

M.Tons

672,000

267,402

sugar

M.Tons

63,840

25,000

440

Tandlianwala Sugar Mills Ltd.

Plot No. 32-N, Gulberg-II, Lahore.

Management

Banker

Mr. Akbar Khan(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Haroon Khan(Chief Executive)

Bank Alfalah Ltd.

Mr. Ghazi Khan(Director)

The Bank Of Punjab

Mrs. Rasheeda Begum(Director)

MCB Bank Limited

Mrs. Mobina Akbar Khan(Director)

National Bank Of Pakistan

Mrs. Nazli Rafat Jamal(Director)

United Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Hameed Ullah Khan Paracha(Director)

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

12.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

13.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.32

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.99

Preference Shares(%)

Investment Yield%

Units

Capacity

Actual Production

Crushing of sugar cane

Production Desc

M. Tons

2,880,000

1306281

Sugar

M. Tons

Distillery Plant

Liters

150,000

118231

6,500,000

5,873,192

The Frontier Sugar Mills & Distillery Ltd.

Nowshera Road, Mardan, Kyber Pakhtunkhua

Management

Banker

Begum Laila Sarfaraz(Chairperson / CEO.)

Allied Bank Of Pakistan Ltd.

Khan Aziz Sarfaraz Khan(Director)

Bank Alfalah Ltd.

Mr. Babar Ali Khan(Director)

Habib Bank Ltd.

Ms. Zarmine Sarfaraz(Director)

MCB Bank Ltd.

Ms. Najda Sarfaraz(Director)

National Bank Of Pakistan

Mr. Abbas Sarfaraz Khan(Director)

The Bank Of Khyber

Mr. Iskandar M. Khan(Director)

United Bank Ltd.

Auditor
M/s. Hameed Chaudhri & Co.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

38.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

62.01

Ordinary Shares (%)

Lowest Price in

2009

Rs.

38.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

50.01

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Sugar cane- crushing

M.Tons

30,000

Nil

Sugar

M.Tons

2,000

Nil

441

The Premier Sugar Mills & Distillery Co. Ltd.

Mardan, Khyber Pakhtunkhuh (N.W.F.P)

Management

Banker

Mr. Khan Aziz Sarfaraz Khan(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Abbas Sarfaraz Khan(Chief Executive)

Bank Alfalah Ltd.

Ms. Mahnaz Saigol(Director)

Habib Bank Ltd.

Begum Laila Sarfaraz(Director)

United Bank Ltd.

Ms.Zarmine Sarfaraz(Director)

MCB Bank Ltd

Mr. Iskandar M. Khan(Director)

National Bank Of Pakistan

Ms. Najda Sarfaraz(Director)

Faysal Bank Ltd.

Auditor
M/s. Hameed Chaudhri & Co.

Date of Annual General Meeting

30th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

45.99

Highest Price in

2009

Rs.

55.89

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

22.58

Ordinary Shares Bonus (%)

30

Average Price in

2009

Rs.

39.24

Preference Shares(%)

Investment Yield%

Production Desc

Units

23

Capacity

Actual Production

750,400

88,613

Sugar cane- crushing

M. Tons

Sugar

M. Tons

100,000

8153

Distillery

Gallons

1,500,000

189,526

The Thal Industries Corporation Ltd.

23-Pir Khurshid Colony, Gulgasht, Multan.

Management

Banker

Auditor

Mr. Muhammad Shamim Khan(Chairman/ C.E.) Allied Bank Of Pakistan Ltd.

Mr. Nauman Ahmad Khan(Managing Director)

Bank Al-Habib Ltd.

Mrs. Qaiser Shamim Khan(Director)

Habib Bank Ltd.

Mr. Adnan Ahmad Khan(Director)

MCB Bank Ltd.

Mrs. Farrah Khan(Director)

United Bank Ltd.

Mr. Muhammad Khan(Director)

JS Bank Ltd.

Mr. Ahmad Khan(Director)

Samba Bank Ltd.

M/s. Rehman Sarfaraz Rahim Iqbal Rafique.

Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

94.50

Highest Price in

2009

Rs.

94.50

Lowest Price in

2009

Rs.

36.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

65.60

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Crushing of sugarcane

20

12

Units

Capacity

Actual Production

Metric Tons

1,422,000

1,142,669

442

Paper & Board Sector

Paper And Board Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

445

2004

2005

2006

2007

2008

2009

1421.0
7565.0
8986.0
0.0
0.0
528.0
528.0
9514.0

1659.6
11343.2
13002.8
0.0
0.0
1947.5
1947.5
14950.3

1803.4
17821.4
19624.8
0.0
0.0
6663.2
6663.2
26288.0

1904.3
22645.9
24550.2
0.0
0.0
16125.9
16125.9
40676.1

2164.2
20788.9
22953.1
0.0
0.0
17965.7
17965.7
40918.8

2238.9
25312.0
27550.9
1605.9
0.0
15541.4
17147.3
44698.2

1986.7
492.9
1493.8
2484.3
2407.9
6878.9
5043.5
5571.5
1835.4
1798.2
-3056.8

3497.7
2316.9
1180.8
2794.7
2506.5
8798.9
5276.1
7223.6
3522.8
4404.6
-1778.4

6530.4
377.7
6152.7
3304.7
2876.5
12711.6
5356.2
12019.4
7355.4
8960.6
1174.2

10747.8
347.2
10400.6
4613.4
3760.6
19121.8
7515.4
23641.3
11606.4
17547.9
3232.4

9204.8
403.6
8801.2
6068.2
6818.2
22091.2
13956.0
31921.7
8135.2
23835.4
-4751.2

9302.8
956.4
8346.4
7601.9
6842.1
23746.8
11323.5
28470.8
12423.3
17520.8
-2020.7

12857.1
7678.6
729.4
14557.5

18249.5
11427.6
783.8
20226.5

25927.0
18932.5
789.4
31644.1

36820.3
29069.8
974.2
48191.6

34913.6
32783.5
1347.4
54874.7

43514.5
32274.8
1792.2
56021.6

14153.7
13940.6
213.1
11551.2
2602.5
12555.2
2388.5
221.6
2166.9
497.1
729.3
12.2

16349.0
16162.4
186.6
13553.1
2795.9
14632.9
2625.1
243.0
2382.1
642.9
729.1
8.2

16792.7
16602.6
190.1
14090.6
2702.1
15278.5
7234.7
239.2
6995.5
349.9
521.2
100.9

19516.8
19318.0
198.8
16906.3
2610.5
18091.5
6866.6
561.3
6305.3
294.6
115.0
259.9

23603.2
22993.3
609.9
21577.6
2025.6
22880.8
2176.2
1844.1
332.1
215.9
123.9
105.6

25517.1
24759.5
757.6
24566.7
950.4
27937.1
7428.8
2828.0
4600.8
216.9
487.5
0.0

1734.8
940.5
794.3

5436.3
1010.1
4426.2

11337.7
6124.4
5213.3

14388.1
5895.7
8492.4

242.7
-7.7
250.4

3779.4
3896.4
-117.0

1669.9
2464.2

1793.9
6220.1

6913.8
12127.1

6869.9
15362.3

1339.7
1590.1

5688.6
5571.6

5.5
136.4
88.6
62.0
14.9
54.2
67.8
632.4
88.7
9.3
1.6
12.3
22.9
9.5
24.1

13.0
166.8
119.3
55.6
11.8
18.6
28.8
783.5
89.5
9.3
1.5
5.5
27.0
9.4
18.3

25.3
237.3
183.6
61.2
22.1
54.0
57.0
1088.2
91.0
3.3
1.4
2.7
5.0
7.9
35.6

39.6
254.4
204.4
96.3
13.1
41.0
44.7
1289.2
92.7
8.2
2.9
3.2
4.7
9.3
25.7

43.9
158.3
109.4
139.1
0.6
-3.2
84.3
1060.6
96.9
84.7
7.8
7.7
65.0
9.8
1.4

38.4
209.7
149.3
103.3
8.2
103.1
102.1
1230.6
109.5
38.1
11.1
16.1
4.7
11.6
16.7

229.0
8.1
15.3
15.2
11.8
9.7
97.2
-11.1
3.0
63.2

238.5
5.6
14.6
14.4
10.5
10.4
80.8
-5.3
15.5
78.3

1275.1
2.7
41.7
38.8
36.9
7.4
53.1
169.4
2.7
108.8

5226.7
0.5
32.3
33.1
31.6
5.1
40.5
-14.7
16.2
128.9

93.8
0.5
1.4
1.5
0.5
4.6
43.0
-95.5
20.9
106.1

899.3
1.8
18.0
20.5
19.6
7.3
45.5
1266.7
8.1
123.1

Paper & Board

Operating, Financial & Investment Ratios

300
250
200
%

150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Baluchistan Particle Board Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

447

2004

2005

2006

2007

2008

2009

30.0
-44.7
-14.7
0.0
0.0
0.0
0.0
-14.7

30.0
-45.0
-15.0
0.0
0.0
0.0
0.0
-15.0

30.0
-44.8
-14.8
0.0
0.0
0.0
0.0
-14.8

30.0
-44.3
-14.3
0.0
0.0
0.0
0.0
-14.3

30.0
-43.7
-13.7
0.0
0.0
0.0
0.0
-13.7

30.0
-43.1
-13.1
0.0
0.0
0.0
0.0
-13.1

1.2
1.2
0.0
5.2
0.0
6.4
28.0
28.0
-21.6
0.0
-26.8

2.0
2.0
0.0
5.2
0.0
7.2
28.5
28.5
-21.3
0.0
-26.5

1.5
1.5
0.0
5.3
0.0
6.8
27.4
27.4
-20.6
0.0
-25.9

2.7
2.7
0.0
5.2
0.0
7.9
27.4
27.4
-19.5
0.0
-24.7

2.3
2.3
0.0
5.1
0.0
7.4
25.9
25.9
-18.5
0.0
-23.6

3.2
3.2
0.0
5.1
0.0
8.3
25.8
25.8
-17.5
0.0
-22.6

22.9
6.9
0.7
12.1

22.9
6.3
0.6
13.5

22.9
5.7
0.6
12.5

22.9
5.2
0.5
13.1

22.9
4.8
0.5
12.2

22.9
4.4
0.4
12.7

0.0
0.0
0.0
0.0
0.0
1.6
0.7
0.1
-1.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.7
-0.1
0.1
-0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.6
0.2
0.0
0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.3
0.7
0.1
0.6
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.5
0.7
0.0
0.7
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.7
0.9
0.1
0.8
0.2
0.0
0.0

0.0
2.2
-2.2

-0.3
-0.2
-0.1

0.2
0.2
0.0

0.5
0.5
0.0

0.6
0.6
0.0

0.6
0.6
0.0

2.9
0.7

0.4
0.3

0.8
0.8

1.0
1.0

1.1
1.1

1.0
1.0

0.0
0.0
5.8
414.3
-49.0
0.0
-

25.3
25.3
-1.5
133.3
-50.0
-

0.0
24.8
24.8
0.0
1.6
100.0
100.0
-49.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
28.8
28.8
0.0
4.6
100.0
100.0
-47.7
0.0
14.3
0.0
0.0
16.7
0.0
0.0

0.0
28.6
28.6
0.0
5.7
100.0
100.0
-45.7
0.0
0.0
0.0
0.0
14.3
0.0
0.0

0.0
32.2
32.2
0.0
6.3
100.0
100.0
-43.7
0.0
11.1
0.0
0.0
25.0
0.0
0.0

0.0
0.0
9.2
0.0
0.0
-4.9

-0.1
-0.1
8.7
0.0
-66.7
-5.0

0.0
0.0
0.0
0.1
0.1
9.5
0.0
-200.0
-4.9

0.0
0.0
0.0
0.2
0.2
8.8
0.0
100.0
-4.8

0.0
0.0
0.0
0.2
0.2
9.6
0.0
0.0
-4.6

0.0
0.0
0.0
0.3
0.2
8.3
0.0
50.0
-4.4

Central Forest Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

448

2004

2005

2006

2007

2008

2009

30.0
-35.3
-5.3
0.0
0.0
1.6
1.6
-3.7

30.0
-41.4
-11.4
0.0
0.0
0.2
0.2
-11.2

30.0
-47.3
-17.3
0.0
0.0
0.1
0.1
-17.2

30.0
-49.3
-19.3
0.0
0.0
0.0
0.0
-19.3

30.0
-50.8
-20.8
0.0
0.0
0.0
0.0
-20.8

30.0
-46.5
-16.5
0.0
0.0
0.0
0.0
-16.5

3.5
3.5
0.0
7.4
203.3
214.2
297.8
299.4
-83.6
119.3
-294.3

2.6
2.6
0.0
7.8
213.4
223.8
309.7
309.9
-85.9
117.0
-307.1

1.2
1.2
0.0
7.4
222.5
231.1
321.8
321.9
-90.7
115.0
-320.6

1.3
1.3
0.0
6.6
230.3
238.2
326.6
326.6
-88.4
101.5
-325.3

0.2
0.2
0.0
6.5
236.9
243.6
329.1
329.1
-85.5
101.5
-328.9

0.1
0.1
0.0
6.0
243.6
249.7
326.7
326.7
-77.0
113.1
-326.6

106.4
79.9
6.3
294.1

107.1
74.8
5.8
298.6

111.0
73.4
5.3
304.5

111.6
69.1
4.9
307.3

111.8
64.7
4.6
308.3

111.4
60.5
4.1
310.2

0.0
0.0
0.0
0.0
0.0
2.9
-2.8
3.6
-6.4
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.4
-2.4
3.8
-6.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.6
-1.6
3.3
-4.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.9
-1.9
0.2
-2.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.4
-1.4
0.0
-1.4
0.0
0.0
0.0

6.9
6.9
0.0
5.1
1.8
7.6
4.4
0.0
4.4
0.1
0.0
0.0

-9.1
-6.4
-2.7

-7.5
-6.2
-1.3

-6.0
-4.9
-1.1

-2.1
-2.1
0.0

-1.5
-1.4
-0.1

4.3
4.3
0.0

-0.1
-2.8

-0.4
-1.7

0.4
-0.7

2.8
2.8

3.2
3.1

8.4
8.4

71.9
3.7
-2.2
-17.7
3.0
-

72.3
3.4
-2.1
-38.0
3.2
-

0.0
71.8
2.7
0.0
-1.6
81.7
-57.1
-57.7
0.0
-206.3
0.0
2.9
0.0
0.0
0.0

0.0
72.9
2.4
0.0
-0.7
100.0
100.0
-64.3
0.0
-10.5
0.0
0.2
0.0
0.0
0.0

0.0
74.0
2.0
0.0
-0.5
93.3
103.2
-69.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
76.4
1.9
0.0
1.4
100.0
100.0
-55.0
110.1
0.0
0.0
0.0
2.3
20.3
0.0

-2.1
-2.1
5.9
0.0
-38.2
-100.0
-1.8

-2.1
-2.1
7.3
0.0
0.0
-3.8

0.0
0.0
0.0
-1.6
-1.6
7.1
0.0
-23.8
-5.8

0.0
0.0
0.0
-0.7
-0.7
6.7
0.0
-56.3
-6.4

0.0
0.0
0.0
-0.5
-0.5
6.7
0.0
-28.6
-6.9

0.0
0.0
63.8
1.5
1.4
6.3
2.2
-400.0
-5.5

Century Paper & Board Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

449

2004

2005

2006

2007

2008

2009

314.2
800.2
1114.4
0.0
0.0
321.7
321.7
1436.1

321.3
1161.7
1483.0
0.0
0.0
533.1
533.1
2016.1

642.6
2178.2
2820.8
0.0
0.0
440.5
440.5
3261.3

642.6
2255.4
2898.0
0.0
0.0
3581.0
3581.0
6479.0

706.8
2200.2
2907.0
0.0
0.0
5521.4
5521.4
8428.4

706.8
1121.9
1828.7
0.0
0.0
7245.0
7245.0
9073.7

124.6
24.6
100.0
286.5
262.4
673.5
829.0
1150.7
-155.5
581.2
-704.4

31.2
31.2
0.0
366.5
335.1
732.8
827.8
1360.9
-95.0
874.8
-796.6

187.4
21.8
165.6
449.1
424.9
1061.4
1177.0
1617.5
-115.6
1012.3
-989.6

21.8
21.8
0.0
563.3
455.9
1041.0
3151.9
6732.9
-2110.9
4148.6
-3130.1

16.5
16.5
0.0
1008.4
1496.5
2521.4
4948.4
10469.8
-2427.0
7164.9
-4931.9

406.9
406.9
0.0
1508.8
1357.5
3273.2
4653.7
11898.7
-1380.5
8132.9
-4246.8

2528.3
1591.7
165.3
2265.2

3392.8
2110.9
206.5
2843.7

4904.2
3376.9
246.5
4438.3

10232.7
8589.9
246.5
9630.9

5900.3
10855.5
288.8
13376.9

13198.6
10454.3
288.8
13727.5

3013.5
3013.5
0.0
2586.7
426.8
2689.7
379.9
22.6
357.3
100.1
141.4
0.0

3452.8
3452.8
0.0
2961.0
491.8
3077.1
398.5
22.0
376.5
114.5
141.4
0.0

3843.9
3843.9
0.0
3385.3
458.6
3507.1
386.3
78.1
308.2
17.1
0.0
0.0

4415.5
4415.5
0.0
4109.9
305.6
4238.6
214.0
89.8
124.2
38.6
0.0
64.3

5036.3
5036.3
0.0
4717.9
318.4
4939.6
136.8
99.7
37.1
23.9
0.0
0.0

7152.1
7152.1
0.0
7226.4
-74.3
7507.4
-294.4
1300.2
-1594.6
0.4
0.0
0.0

-199.9
115.8
-315.7

580.0
120.6
459.4

1245.2
291.1
954.1

3217.7
85.6
3132.1

1949.4
13.2
1936.2

645.3
-1595.0
2240.3

281.1
-34.6

327.1
786.5

537.6
1491.7

332.1
3464.2

302.0
2238.2

-1306.2
934.1

22.4
81.2
49.6
103.3
15.8
354.7
89.3
5.9
0.7
3.9
28.0
4.4
32.1

26.4
88.5
48.0
91.8
13.2
20.8
41.6
461.6
89.1
5.5
0.6
2.5
30.4
5.2
25.4

13.5
90.2
54.1
57.3
6.9
23.4
36.0
439.0
91.2
20.2
2.0
7.7
5.5
5.6
10.9

55.3
33.0
18.6
232.3
1.3
2.7
9.6
451.0
96.0
42.0
2.0
2.2
31.1
6.4
4.3

65.5
51.0
20.7
360.2
0.3
0.7
13.5
411.3
98.1
72.9
2.0
1.4
64.4
8.2
1.3

79.8
70.3
41.2
650.7
-11.6
-247.2
-139.8
258.7
105.0
-441.6
18.2
16.0
0.0
7.0
-87.2

181.9
12.7
11.9
11.4
8.2
11.6
133.0
-13.0
8.5
35.5

185.3
9.5
10.9
11.7
8.2
11.9
121.4
2.6
14.6
46.2

0.0
0.0
8.0
4.8
4.5
11.7
86.6
-59.0
11.3
43.9

0.0
0.0
2.8
1.9
1.3
7.3
45.8
-60.4
14.9
45.1

0.0
0.0
0.7
0.5
0.2
3.4
37.6
-73.7
14.1
41.1

0.0
0.0
-22.3
-22.6
-22.6
2.7
52.1
-4620.0
42.0
25.9

Cherat Papersack Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

450

2004

2005

2006

2007

2008

2009

40.8
234.4
275.2
0.0
0.0
0.1
0.1
275.3

49.0
248.8
297.8
0.0
0.0
100.0
100.0
397.8

58.8
245.1
303.9
0.0
0.0
75.0
75.0
378.9

58.8
315.8
374.6
0.0
0.0
50.0
50.0
424.6

73.4
354.1
427.5
0.0
0.0
25.0
25.0
452.5

91.8
286.0
377.8
0.0
0.0
131.3
131.3
509.1

98.4
71.4
27.0
77.2
173.0
348.6
127.5
127.6
221.1
0.3
-29.1

84.1
53.0
31.1
133.4
198.0
415.5
190.0
290.0
225.5
100.1
-105.9

83.6
39.2
44.4
153.2
297.1
533.9
320.6
395.6
213.3
210.5
-237.0

70.2
20.0
50.2
134.5
513.1
717.8
445.7
495.7
272.1
196.5
-375.5

60.3
9.8
50.5
311.1
973.5
1344.9
1088.5
1113.5
256.4
761.8
-1028.2

63.4
7.9
55.5
357.6
700.7
1121.7
1006.5
1137.8
115.2
1014.5
-943.1

126.4
54.2
6.2
402.8

250.3
172.2
7.0
587.7

255.9
165.5
13.6
699.4

256.9
152.5
13.9
870.3

312.9
196.1
13.3
1541.0

530.8
393.8
20.1
1515.5

657.0
657.0
0.0
575.9
81.1
601.8
63.1
0.5
62.6
20.4
12.2
12.2

820.7
818.9
1.8
744.7
76.0
779.3
49.1
1.2
47.9
14.9
22.0
8.2

914.4
906.1
8.3
874.9
39.5
896.5
25.1
15.2
9.9
4.0
8.8
0.0

1351.0
1344.3
6.7
1187.9
163.1
1220.9
144.0
27.8
116.2
13.9
11.8
14.7

2146.8
2139.9
6.9
1968.7
178.1
2003.7
152.8
48.4
104.4
23.9
11.0
18.4

2060.6
2060.6
0.0
1919.2
141.4
1952.4
118.4
176.7
-58.3
0.0
0.0
0.0

14.2
30.0
-15.8

122.5
11.0
111.5

-18.9
-2.9
-16.0

45.7
90.5
-44.8

27.9
69.5
-41.6

56.6
-58.3
114.9

36.2
20.4

18.0
129.5

10.7
-5.3

104.4
59.6

82.8
41.2

-38.2
76.7

0.0
273.4
137.7
46.4
15.5
211.3
177.5
674.5
91.6
0.8
0.1
166.7
32.6
8.5
22.7

25.1
218.7
114.5
97.4
8.2
9.0
13.9
607.8
95.0
2.4
0.1
1.2
31.1
11.6
16.1

19.8
166.5
73.9
130.2
1.4
15.3
-201.9
516.8
98.0
60.6
1.7
7.2
40.4
12.9
3.3

11.8
161.1
45.9
132.3
13.4
198.0
175.2
637.1
90.4
19.3
2.1
14.1
12.0
7.9
31.0

5.5
123.6
34.1
260.5
6.8
249.1
201.0
582.4
93.3
31.7
2.3
6.4
22.9
0.2
24.4

25.8
111.4
41.8
301.2
-3.8
-103.0
-49.8
411.5
94.7
149.2
8.6
17.4
0.0
11.9
-15.4

345.9
4.4
9.5
15.3
10.3
11.4
163.1
-45.9
-7.6
67.5

150.0
7.4
5.8
9.8
6.7
12.9
139.6
-35.9
24.9
60.8

67.0
2.9
1.1
1.7
1.0
7.9
130.7
-82.7
11.4
51.7

866.9
3.2
8.6
19.8
17.4
8.4
155.2
1064.7
47.7
63.7

731.8
2.6
4.9
14.2
11.0
8.7
139.3
-28.3
58.9
58.2

0.0
0.0
-2.8
-6.4
-6.4
10.2
136.0
-145.1
-4.0
41.2

Dadabhoy Sack Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

451

2004

2005

2006

2007

2008

2009

40.0
2.8
42.8
0.0
0.0
4.4
4.4
47.2

40.0
5.4
45.4
0.0
0.0
5.0
5.0
50.4

40.0
20.2
60.2
0.0
0.0
15.4
15.4
75.6

40.0
21.9
61.9
0.0
0.0
12.7
12.7
74.6

40.0
8.7
48.7
0.0
0.0
8.8
8.8
57.5

40.0
1.3
41.3
0.0
0.0
4.3
4.3
45.6

0.1
0.1
0.0
38.7
0.9
39.7
13.3
17.7
26.4
5.1
-13.2

0.7
0.7
0.0
36.0
4.0
40.7
10.9
15.9
29.8
6.0
-10.2

0.8
0.8
0.0
21.4
11.0
33.2
17.2
32.6
16.0
18.0
-16.4

0.3
0.3
0.0
33.6
4.8
38.7
18.5
31.2
20.2
15.6
-18.2

0.3
0.3
0.0
34.5
0.0
34.8
25.1
33.9
9.7
14.6
-24.8

0.3
0.3
0.0
33.1
0.0
33.4
24.7
29.0
8.7
6.1
-24.4

59.8
20.8
3.0
60.5

39.0
20.6
2.7
61.3

69.9
59.6
6.0
92.8

70.0
54.3
5.3
93.0

60.3
47.8
4.8
82.6

61.5
37.0
2.4
70.4

102.9
102.9
0.0
81.0
21.9
90.8
16.1
0.4
15.7
0.6
0.0
0.0

100.3
100.3
0.0
86.8
13.5
96.8
3.6
0.5
3.1
0.7
0.0
0.0

96.8
96.8
0.0
77.8
19.0
95.1
1.9
1.2
0.7
1.3
0.0
0.0

69.4
69.4
0.0
54.7
14.7
66.9
2.5
1.8
0.7
0.7
0.0
0.0

47.5
47.5
0.0
50.2
-2.7
59.8
-11.9
1.5
-13.4
0.2
0.0
0.0

3.8
3.8
0.0
3.4
0.4
8.0
-4.2
0.0
-4.2
0.0
0.0
0.0

19.0
15.1
3.9

3.2
2.4
0.8

25.2
-0.6
25.8

-1.0
0.0
-1.0

-17.1
-13.6
-3.5

-11.9
-4.2
-7.7

18.1
22.0

5.1
5.9

5.4
31.2

5.3
4.3

-8.8
-12.3

-1.8
-9.5

9.3
298.5
291.7
41.4
26.0
79.5
82.3
107.0
88.2
2.5
0.4
7.8
3.8
17.8
36.7

9.9
373.4
336.7
35.0
5.1
75.0
86.4
113.5
96.5
13.9
0.5
8.3
22.6
27.8
6.8

20.4
193.0
129.1
54.2
0.8
-2.4
17.3
150.5
98.2
63.2
1.2
6.7
185.7
8.8
1.2

17.0
209.2
183.2
50.4
0.8
0.0
123.3
154.8
96.4
72.0
2.6
11.5
100.0
25.9
1.1

15.3
138.6
138.6
69.6
-16.2
79.5
71.5
121.8
125.9
-12.6
3.2
10.3
-1.5
42.9
-27.5

9.4
135.2
135.2
70.2
-6.0
35.3
18.9
103.3
210.5
0.0
0.0
0.0
0.0
547.4
-10.2

0.0
15.3
3.9
3.8
16.8
170.1
-214.7
45.3
10.7

0.0
3.1
0.8
0.6
13.0
163.6
-79.5
-2.5
11.4

0.0
0.0
0.7
0.2
-0.2
29.1
104.3
-75.0
-3.5
15.1

0.0
0.0
1.0
0.2
0.0
8.9
74.6
0.0
-28.3
15.5

0.0
0.0
-28.2
-3.4
-3.4
8.8
57.5
-1800.0
-31.6
12.2

0.0
0.0
-110.5
-1.1
-1.1
5.0
5.4
-67.6
-92.0
10.3

Merit Packaging Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

452

2004

2005

2006

2007

2008

2009

27.5
53.8
81.3
0.0
0.0
22.4
22.4
103.7

27.5
176.5
204.0
0.0
0.0
148.5
148.5
352.5

27.5
194.4
221.9
0.0
0.0
132.2
132.2
354.1

27.5
211.7
239.2
0.0
0.0
118.5
118.5
357.7

41.2
205.1
246.3
0.0
0.0
88.2
88.2
334.5

47.4
203.7
251.1
0.0
0.0
175.9
175.9
427.0

0.7
0.7
0.0
47.4
28.6
76.7
42.8
65.2
33.9
33.8
-42.1

0.3
0.3
0.0
67.5
58.9
126.7
131.9
280.4
-5.2
230.5
-131.6

0.2
0.2
0.0
58.7
56.7
115.6
155.4
287.6
-39.8
225.1
-155.2

0.3
0.3
0.0
60.0
61.7
122.0
183.7
302.2
-61.7
219.2
-183.4

0.7
0.7
0.0
125.5
110.7
236.9
504.6
592.8
-267.7
228.8
-503.9

0.6
0.6
0.0
180.4
111.2
292.2
550.5
726.4
-258.3
175.9
-549.9

125.0
69.8
8.5
146.5

420.8
357.7
16.0
484.4

493.6
393.8
32.4
509.4

555.6
419.5
34.1
541.5

743.1
602.4
31.9
839.3

868.2
685.5
44.7
977.7

400.2
400.2
0.0
347.0
53.2
364.6
36.1
3.5
32.6
8.5
9.6
0.0

526.1
526.1
0.0
463.0
63.1
484.8
42.1
11.2
30.9
2.3
9.6
0.0

606.6
606.6
0.0
516.4
90.2
540.3
67.1
24.0
43.1
2.6
9.6
0.0

673.6
673.6
0.0
568.8
104.8
602.6
71.6
26.0
45.6
11.4
0.0
13.7

652.2
652.2
0.0
588.7
63.5
613.7
40.1
29.4
10.7
2.8
0.0
6.2

808.8
808.8
0.0
766.1
42.7
798.9
11.4
67.6
-56.2
0.5
0.0
0.0

0.8
14.5
-13.7

248.8
19.0
229.8

1.6
30.9
-29.3

3.6
34.2
-30.6

-23.2
7.9
-31.1

92.5
-56.7
149.2

23.0
9.3

35.0
264.8

63.3
34.0

68.3
37.7

39.8
8.7

-12.0
137.2

21.6
179.2
112.4
80.2
22.3
1812.5
247.3
295.6
91.1
9.7
0.9
10.4
26.1
5.4
40.1

42.1
96.1
51.4
137.5
6.4
7.6
13.2
741.8
92.1
26.6
2.1
4.9
7.4
7.2
15.1

37.3
74.4
37.9
129.6
8.5
1931.3
186.2
806.9
89.1
35.8
4.0
10.7
6.0
4.3
19.4

33.1
66.4
32.8
126.3
8.4
950.0
181.2
869.8
89.5
36.3
3.9
11.9
25.0
4.0
19.1

26.4
46.9
25.0
240.7
1.3
-34.1
457.5
597.8
94.1
73.3
4.5
12.8
26.2
8.6
4.3

41.2
53.1
32.9
289.3
-5.7
-61.3
-8.7
529.7
98.8
593.0
8.4
38.4
-0.9
12.5
-22.4

251.0
11.8
8.1
11.9
8.8
11.5
273.2
-5.6
-3.6
29.6

297.9
4.7
5.9
11.2
10.4
22.9
108.6
-5.9
31.5
74.2

421.9
4.3
7.1
15.7
14.7
9.1
119.1
40.2
15.3
80.7

0.0
0.0
6.8
16.6
12.4
8.7
124.4
5.7
11.0
87.0

0.0
0.0
1.6
2.6
1.9
7.5
77.7
-84.3
-3.2
59.8

0.0
0.0
-6.9
-11.9
-12.0
7.4
82.7
-557.7
24.0
53.0

Packages Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

453

2004

2005

2006

2007

2008

2009

475.4
4393.9
4869.3
0.0
0.0
54.9
54.9
4924.2

698.8
7048.0
7746.8
0.0
0.0
1000.9
1000.9
8747.7

698.8
12971.5
13670.3
0.0
0.0
6000.0
6000.0
19670.3

733.7
17436.6
18170.3
0.0
0.0
12346.5
12346.5
30516.8

843.8
15428.6
16272.4
0.0
0.0
12304.4
12304.4
28576.8

843.8
20967.1
21810.9
1605.9
0.0
7970.6
9576.5
31387.4

1349.7
147.4
1202.3
1348.4
1364.7
4062.8
2712.4
2767.3
1350.4
582.4
-1362.7

2729.0
2020.0
709.0
1479.8
1144.0
5352.8
2867.5
3868.4
2485.3
2608.8
-138.5

5882.4
106.7
5775.7
1910.8
1647.2
9440.4
3000.7
9000.7
6439.7
7281.7
2881.7

10181.3
101.0
10080.3
2862.6
2206.2
15250.1
2921.2
15267.7
12328.9
12747.5
7260.1

8561.7
199.2
8362.5
3354.6
3652.3
15568.6
6457.6
18762.0
9111.0
15442.2
2104.1

8610.4
455.7
8154.7
3733.7
4102.4
16446.5
4220.5
13797.0
12226.0
8057.1
4389.9

7943.0
3573.7
458.1
7636.5

10760.3
6262.3
399.5
11615.1

18093.4
13230.6
376.4
22671.0

23566.3
18188.0
554.2
33438.1

25665.1
19465.8
885.6
35034.4

26619.9
19161.3
1320.1
35607.8

6893.0
6804.9
88.1
5584.4
1308.6
6188.7
1331.3
139.0
1192.3
302.0
404.1
0.0

8163.0
8061.9
101.1
6810.1
1352.9
7445.4
1515.3
185.5
1329.8
348.6
404.1
0.0

9998.6
9816.8
181.8
8428.9
1569.7
9308.9
6286.0
116.9
6169.1
198.1
419.3
34.9

11686.4
11494.3
192.1
10180.6
1505.8
11033.4
5951.2
413.3
5537.9
94.8
0.0
110.1

14300.9
13697.8
603.1
13357.6
943.3
14232.5
1354.2
1662.1
-307.9
10.0
0.0
0.0

14043.9
13286.3
757.6
13736.5
307.4
16561.0
7048.0
1278.4
5769.6
83.0
274.2
0.0

1643.1
486.2
1156.9

3823.5
577.1
3246.4

10922.6
5551.7
5370.9

10846.5
5443.1
5403.4

-1940.0
-317.9
-1622.1

2810.6
5412.4
-2601.8

944.3
2101.2

976.6
4223.0

5928.1
11299.0

5997.3
11400.7

567.7
-1054.4

6732.5
4130.7

1.1
149.8
99.5
56.8
15.6
29.6
44.9
1024.3
89.8
10.4
2.0
23.9
25.3
10.7
24.5

11.4
186.7
146.8
49.9
11.4
15.1
23.1
1108.6
91.2
12.2
2.3
7.1
26.2
9.6
17.2

30.5
314.6
259.7
65.8
27.2
50.8
52.5
1956.3
93.1
1.9
1.2
1.6
3.2
8.2
45.1

40.5
522.0
446.5
84.0
16.6
50.2
52.6
2476.5
94.4
6.9
3.5
3.2
1.7
11.0
30.5

43.1
241.1
184.5
115.3
-0.9
16.4
-53.8
1928.5
99.5
122.7
11.6
10.8
-3.2
10.6
-1.9

30.5
389.7
292.5
63.3
16.2
192.6
163.0
2584.8
117.9
18.1
9.1
15.9
1.4
12.5
26.5

220.3
8.3
17.3
25.1
18.7
12.9
90.3
-11.0
0.5
102.4

242.8
5.2
16.3
19.0
14.0
12.2
70.3
-24.3
18.4
110.9

1424.0
3.1
61.7
88.3
85.4
6.0
44.1
364.7
22.5
195.6

0.0
0.0
47.4
75.5
74.2
4.2
34.9
-14.5
16.9
247.7

0.0
0.0
-2.2
-3.6
-3.8
4.9
40.8
-104.8
22.4
192.8

2073.9
1.3
41.1
68.4
67.4
11.7
39.4
-2000.0
-1.8
258.5

Pakistan Paper Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

454

2004

2005

2006

2007

2008

2009

25.0
42.1
67.1
0.0
0.0
3.4
3.4
70.5

25.0
215.4
240.4
0.0
0.0
0.0
0.0
240.4

25.0
230.5
255.5
0.0
0.0
0.0
0.0
255.5

25.0
245.7
270.7
0.0
0.0
17.3
17.3
288.0

25.0
252.0
277.0
0.0
0.0
13.0
13.0
290.0

37.5
263.2
300.7
0.0
0.0
7.6
7.6
308.3

13.9
13.9
0.0
19.6
30.3
63.8
27.5
30.9
36.3
6.4
-13.6

22.3
22.3
0.0
23.2
36.3
81.8
31.5
31.5
50.3
0.0
-9.2

21.0
21.0
0.0
33.9
47.1
102.0
34.2
34.2
67.8
0.0
-13.2

20.9
20.9
0.0
36.1
60.3
117.3
46.9
64.2
70.4
21.0
-26.0

16.5
16.5
0.0
47.9
75.0
139.4
61.5
74.5
77.9
17.3
-45.0

12.4
12.4
0.0
61.4
65.3
139.1
44.2
51.8
94.9
12.9
-31.8

58.0
34.3
4.2
98.1

190.1
190.1
3.6
271.9

192.6
187.6
4.4
289.6

188.3
217.7
7.6
335.0

232.0
212.0
8.1
351.4

241.0
213.3
7.8
352.4

158.4
158.4
0.0
119.5
38.9
130.7
28.0
1.2
26.8
7.8
10.0
0.0

173.5
173.5
0.0
124.6
48.9
137.6
36.2
0.5
35.7
12.0
0.0
0.0

227.7
227.7
0.0
161.9
65.8
180.2
48.6
0.3
48.3
16.9
17.5
0.0

222.0
222.0
0.0
160.6
61.4
178.3
45.1
2.3
42.8
0.0
17.5
0.0

241.7
241.7
0.0
183.2
58.5
201.2
41.9
2.5
39.4
14.8
10.0
12.5

312.0
312.0
0.0
241.2
70.8
263.7
49.3
3.0
46.3
14.8
7.5
0.0

1.7
9.0
-7.3

169.9
23.7
146.2

15.1
13.9
1.2

32.5
25.3
7.2

2.0
14.6
-12.6

18.3
24.0
-5.7

13.2
5.9

27.3
173.5

18.3
19.5

32.9
40.1

22.7
10.1

31.8
26.1

4.8
232.0
121.8
46.1
27.3
529.4
223.7
268.4
82.5
4.3
0.8
18.8
29.1
9.9
39.9

0.0
259.7
144.4
13.1
13.1
13.9
15.7
961.6
79.3
1.4
0.3
33.6
11.2
14.9

0.0
298.2
160.5
13.4
16.7
92.1
93.8
1022.0
79.1
0.6
0.1
0.0
35.0
12.4
18.9

6.0
250.1
121.5
23.7
12.8
77.8
82.0
1082.8
80.3
5.1
1.0
11.0
0.0
12.9
15.8

4.5
226.7
104.7
26.9
11.2
730.0
224.8
1108.0
83.2
6.0
1.0
14.5
37.6
15.3
14.2

2.5
314.7
167.0
17.2
13.1
131.1
121.8
801.9
84.5
6.1
1.0
23.3
32.0
14.0
15.4

190.0
14.9
16.9
10.7
7.6
12.1
161.5
5.9
7.2
26.8

0.0
20.6
14.3
9.5
10.5
63.8
33.6
9.5
96.2

179.4
6.8
21.2
19.3
12.6
2.3
78.6
35.0
31.2
102.2

244.6
6.5
19.3
17.1
17.1
4.1
66.3
-11.4
-2.5
108.3

246.0
3.6
16.3
15.8
9.8
3.7
68.8
-7.6
8.9
110.8

420.0
2.5
14.8
12.3
8.4
3.7
88.5
-22.2
29.1
80.2

Security Papers Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

455

2004

2005

2006

2007

2008

2009

219.8
1509.0
1728.8
0.0
0.0
0.0
0.0
1728.8

219.8
1798.9
2018.7
0.0
0.0
0.0
0.0
2018.7

219.8
2083.3
2303.1
0.0
0.0
0.0
0.0
2303.1

285.8
2262.0
2547.8
0.0
0.0
0.0
0.0
2547.8

342.9
2444.6
2787.5
0.0
0.0
4.8
4.8
2792.3

411.5
2558.4
2969.9
0.0
0.0
6.7
6.7
2976.6

119.3
119.3
0.0
302.6
84.9
506.8
206.8
206.8
300.0
0.0
-87.5

509.2
155.0
354.2
165.8
143.5
818.5
172.8
172.8
645.7
0.0
336.4

352.1
185.1
167.0
660.0
169.9
1182.0
189.1
189.1
992.9
0.0
163.0

449.1
179.0
270.1
906.7
228.3
1584.1
280.5
280.5
1303.6
0.0
168.6

546.4
158.1
388.3
1169.6
273.4
1989.4
402.0
406.8
1587.4
6.1
144.4

205.6
69.4
136.2
1715.8
261.4
2182.8
470.9
477.6
1711.9
8.3
-265.3

1546.9
1428.9
56.8
1935.7

1585.0
1373.0
94.0
2191.5

1615.5
1310.0
95.5
2492.0

1648.2
1244.2
98.5
2828.3

1697.2
1205.1
101.3
3194.5

1860.2
1264.7
103.8
3447.5

882.2
882.2
0.0
429.2
453.0
497.1
413.3
2.3
411.0
36.8
120.9
0.0

1127.0
1127.0
0.0
633.7
493.3
717.0
430.9
0.1
430.8
130.2
120.9
0.0

1104.7
1104.7
0.0
645.3
459.4
732.0
436.1
0.2
435.9
109.9
65.9
65.9

1099.0
1099.0
0.0
643.8
455.2
732.6
454.3
0.1
454.2
135.2
85.7
57.2

1177.9
1177.9
0.0
711.4
466.5
812.3
477.9
0.5
477.4
140.1
102.9
68.6

1129.1
1129.1
0.0
668.8
460.3
836.5
495.0
1.8
493.2
118.0
205.8
0.0

161.7
253.3
-91.6

289.9
179.7
110.2

284.4
260.1
24.3

244.7
233.3
11.4

244.5
234.4
10.1

184.3
169.4
14.9

310.1
218.5

273.7
383.9

355.6
379.9

331.8
343.2

335.7
345.8

273.2
288.1

0.0
245.1
204.0
12.0
21.2
156.6
141.9
786.5
56.3
0.6
0.3
9.0
17.3
23.8

0.0
473.7
390.6
8.6
19.7
62.0
71.3
918.4
63.6
0.0
0.0
30.2
9.8
21.3

0.0
625.1
535.2
8.2
17.5
91.5
93.6
1047.8
66.3
0.0
0.0
0.0
25.2
9.8
18.9

0.0
564.7
483.4
11.0
16.1
95.3
96.7
891.5
66.7
0.0
0.0
0.0
29.8
5.8
17.8

0.2
494.9
426.9
14.6
14.9
95.9
97.1
812.9
69.0
0.1
0.0
8.2
29.3
22.4
17.1

0.2
463.5
408.0
16.1
14.3
91.9
94.8
721.7
74.1
0.4
0.2
21.7
23.9
25.7
16.6

309.5
7.0
46.6
18.7
17.0
4.0
45.6
-8.3
-0.6
78.7

248.6
6.0
38.2
19.6
13.7
6.6
51.4
4.8
27.7
91.8

494.7
2.9
39.5
19.8
14.8
7.0
44.3
1.0
-2.0
104.8

372.2
3.4
41.3
15.9
11.2
7.5
38.9
-19.7
-0.5
89.1

327.8
3.7
40.5
13.9
9.8
8.1
36.9
-12.6
7.2
81.3

182.3
6.9
43.7
12.0
9.1
8.6
32.8
-13.7
-4.1
72.2

Baluchistan Particle Board Ltd.

Imperial Court, 3rd Floor, Dr. Ziauddin Ahmed Road, Karachi-75530.

Management

Banker

Mr. Muslim R. Habib(Chairman / C.E.O.)

Bank Al-Habib Ltd.

Mr. Murtaza H. Habib(Director)

Habib Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mr. Imran A. Habib(Director)

Mr. Mansoob A. Akhtar(Director)
Mr. Raza Abbas Jaffery(Director)
Mr. Ghulam Abbas Karjatwala(Director)
Mr. Ali A. Rahim(Director)
Date of Annual General Meeting

22nd October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.64

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.40

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Actual Production

Urea formaldehyde

Units
M.Tons

4,000

Nil

Formaldehyde

M.Tons

3,000

Nil

Central Forest Products Ltd.

Central Chambers, Ireland Road, Karachi.

Management

Banker

Mr. Abdul Aziz H. Yaqoob(Chairman / C.E.O.)

Bank Alfalah Ltd.

Mr. Aamir Aziz(Director)

My Bank Ltd.

Mr. Muhammad Sharif H. Yaqoob(Director)

National Bank Of Pakistan

Mrs. Qamarunnisa Aziz(Director)

MCB Bank Ltd.

Auditor
M/S Abdan & Co.

Mrs. Farhana Zain(Director)

Mrs. Saira Adam(Director)
Mrs. Fauzia Adnan(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.25

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production
106,401

Plywood Sheets

Sq. Meters

750,000

Door & Door Frames

No. of doors

150,000

Nil

Sawing of timber

Cubic feet

200,000

26,016

456

Century Paper & Board Mills Ltd.

Lakson Square Building - 2, Sarwar Shaheed Road, Karachi-74200

Management

Banker

Auditor

Mr. Iqbal Ali Lakhani(Chairman / C.E.O.)

The Royal Bank of Scotland Ltd.

M/S BDO Ebrahim & Co.

Mr. Tasleemuddin Ahmed Batlay(Director)

Allied Bank Ltd.

Mr. A.Aziz H. Ebrahim(Director)

Braclays Bank Ltd.

Mr. Shahid Ahmed Khan(Director)

National Bank Of Pakistan

Mr. Zulfiqar Ali Lakhani(Director)

Oman International Bank S.A.O.G.

Mr. Amin Muhammad Lakhani(Director)

The Hongkong & Shanghai Banking Corp. Ltd.

Mr. Kamal Shoaib(NIT)(Director)

Citi Bank N. A.

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.19

Percentage Dividend rate :

Highest Price in

2009

Rs.

49.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

28.01

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Actual Production

Paper & paper board-produced

Units
M.Tons

240,000

141,997

Paper & paper board-conversion

M.Tons

22,000

17,775

Cherat Papersack Ltd.

1st Floor, Betani Arcade, Jamrud Road, Peshawar.

Management

Banker

Auditor

Mr. Mohammed Faruque(Chairman)

Bank Al Habib Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Amer Faruque(Chief Executive)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Saquib H. Shirazi(Director)

HSBC Bank Middle East Ltd.

Mr. Akbarali Pesnani(Director)

Allied Bank Of Pakistan Ltd.

Mr. Iqbal Faruque(Director)

Habib Bank Ltd.

Mr. Mahmood Faruque(Director)

MCB Bank Ltd.

Mr. Aslam Faruque(Director)

National Bank Of Pakistan

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

36.15

Percentage Dividend rate :

Highest Price in

2009

Rs.

130.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

21.53

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

64.10

Preference Shares(%)

Investment Yield%

Production Desc
Bags

, 2009

Units
Units in million

457

Capacity

Actual Production

265,000

122,439

Dadabhoy Sack Ltd.

C-30/II, 24th Commercial Street, Phase-2 (Ext.) D.H.A.Karachi.

Management

Banker

Mr. Mohammad Hussain Dadabhoy(Chairman)

MCB Bank Ltd.

Mr. Fazal Karim Dadabhoy(Chief Executive)

National Bank Of Pakistan

Mr. Mohammad Amin Dadabhoy(Director)

Silk Bank Ltd.

Mr. Naseemuddin(Director)

Prime Commercial Bank Ltd.

Auditor
M/s. A.R.Khan & Co.

Mrs. Humaira Dadabhoy(Director)

Mrs. Noor Bakht Dadabhoy(Director)
Mrs. Yasmeen Dadabhoy(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

22.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.32

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Sack & paper products

10.00

Capacity

Actual Production

26

Million bags

Merit Packaging Ltd.

Lakson Square Building No.2, Sarwar Shaheed Road, Karachi-74200.

Management

Banker

Mr. Iqbal Ali Lakhani(Chairman)

Faysal Bank Ltd.

Mr. Mohammad Shahid(Chief Executive)

Citi Bank N. A.

Mr. Amin Mohammed Lakhani(Director)

Habib Bank Ltd.

Mr. A. Aziz H Ebrahim(Director)

Oman International Bank S.A.O.G.

Mr. Kaleem Udden Ahmad (NIT)(Director)

Deutsche Bank Ltd.

Mr. Muhammad Asif (NIT)(Director)

JS Bank Ltd.

Mr. Tasleemuddin Ahmed Batlay(Director)

Soneri Bank Ltd.

Auditor
BDO Ebrahim & Co.

Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

26.99

Percentage Dividend rate :

Highest Price in

2009

Rs.

90.07

Ordinary Shares (%)

Lowest Price in

2009

Rs.

21.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

40.24

Preference Shares(%)

Investment Yield%

Production Desc
Paper & paper products

, 2009

Units

Capacity

not determinable

458

Actual Production

Packages Ltd.
4th Floor, The Forum, Suite No. 416-422, G-20, Block-9, Khyaban-e- Jami, Clifton, Karachi-75600.

Management

Banker

Mr. Towfiq Habib Chinoy(Chairman)

The Royal Bank of Scotland Limited

Syed Hyder Ali(M.D. / C.E.O.)

Askari Commercial Bank Ltd.

Mr. Khalid Yacob(Director)

Dubai Islamic Bank Limited

Syed Aslam Mehdi(Director)

Deutsche Bank A.G.

Mr. Shahid Aziz Siddiqui(Director)

Faysal Bank Limited

Mr. Mujeeb Rashid(Director)

MCB Bank Ltd.

Mr. Matti llmari Naakka(Director)

Allied Bank Limited

Date of Annual General Meeting

20th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

32.5

Auditor
M/S A. F. Ferguson & Co.

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

144.00

Highest Price in

2009

Rs.

193.90

Lowest Price in

2009

Rs.

79.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

148.84

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Paper and paperboard- produced

M. Tons

290,360

180,067

Paper and paperboard- converted

M. Tons

128,000

120,298

Plastic all sorts-converted

M. Tons

19,500

17,000

Pakistan Paper Products Ltd.

Plot No.D-58, Estate Avenue, S.I.T.E., Karachi.

Management

Banker

Mr. Hashim Bin Sayeed(Chairman)

Habib Bank Ltd.

Mr. Abid Sayeed(Chief Executive)

MCB Bank Ltd.

Dr. Asadullah Sayeed(Director)

Bank Al-Habib Ltd.

Auditor
M/s. Haider Shamsi & Co.

Mr. Abbas Sayeed(Director)

Mr. Aamir Ameen (NIT)(Director)
Mr. Mohammed Ali Sayeed(Director)
Mrs. Muleika Sayeed(Director)
Date of Annual General Meeting

30th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

51.72

Highest Price in

2009

Rs.

136.50

Lowest Price in

2009

Rs.

36.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

75.66

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

20

Units

Capacity

Actual Production
54,419

Exercise book

Gross

58,632

Sensitised paper

Rolls

216,000

81,131

Pro- labels

Sqr. Meters

1,150,000

1,665,778

459

Security Papers Ltd.

Jinnah Avenue, Malir Halt, Karachi.

Management

Banker

Auditor

Mrs. Naiyer Muzafar Hussain (PSPC)(Chairperso Bank Al-Falah Ltd.

M/s. Taseer Hadi & Co.

Ms. Ayla Akin(Director)

Bank Al-Habib Limited

Mr. Hasan Irfan(Director)

National Bank of Pakistan

Mr. A. Akbar Sharifzada(Director)

Faysal Bank Ltd.

Mr. Firasat Ali (NIT)(Director)

Standard Chartered Bank Ltd.

Mr. Mehdi Lori Amini (IDRO)(Director)

Habib Metorpolitan Bank Ltd.

Mr. Sheikh Mohammad Aijaz Akhtar(Director)

Date of Annual General Meeting

27th August , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

50.00

Highest Price in

2009

Rs.

85.63

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

34.81

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

58.70

Preference Shares(%)

Investment Yield%

Production Desc
Paper printing

50

Units
Metric tons

460

Capacity

Actual Production

2,000

1,890

Cement Sector

Cement Sector

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

463

27287.3
8024.1
35311.4
840.5
3857.7
18931.2
23629.4
58940.8

2005

2006

2007

2008

2009

30723.5
34757.2
41368.3
54881.2
55661.4
20652.4
39386.4
61220.5
65658.3
60481.1
51375.9
74143.6 102588.8 120539.5 116142.5
1028.5
1028.5
1028.5
1028.5
1028.5
8377.7
4904.6
5260.8
12796.7
7599.7
26091.3
52467.3
59031.2
52575.5
52006.5
35497.5
58400.4
65320.5
66400.7
60634.7
86873.4 132544.0 167909.3 186940.2 176777.2

8996.4
14143.9
25562.2
37773.8
34133.0
21153.6
3298.3
4349.7
6003.5
5304.4
5629.8
3566.2
5698.1
9794.2
19558.7
32469.4
28503.2
17587.4
9583.8
12886.0
15315.4
22953.0
45061.6
37035.4
2100.6
1774.8
2702.0
4221.7
6259.4
8512.8
20680.8
28804.7
43579.6
64948.5
85454.0
66701.8
25679.2
34232.0
43401.0
60025.5
77604.0 104019.4
49308.6
69729.5 101801.4 125346.0 144004.7 164654.1
-4998.4
-5427.3
178.6
4923.0
7850.0 -37317.6
29575.2
43796.0
72894.6
85354.0 102568.9 107684.6
-16682.8 -20088.1 -17838.8 -22251.7 -43471.0 -82865.8
86146.9 124507.3 165653.5 199971.8 233505.3 266920.9
63939.5
92300.7 132365.5 162986.3 179090.2 214094.8
2630.1
3277.2
3287.8
7054.9
7368.6
7683.4
84620.3 121105.4 175945.1 227934.8 264544.2 280796.6
45537.3
44760.2
777.1
36895.0
8642.3
39919.4
6185.7
1486.2
4699.5
622.2
1131.9
677.8

60546.0
57803.7
2742.3
47984.2
12561.8
50440.0
12558.0
2140.0
10418.0
1055.8
835.5
1113.1

79237.1
74355.4
4881.7
56955.2
22281.9
59964.0
20129.4
3064.7
17064.7
1227.5
2270.2
687.5

83473.5 111752.2 129758.6

75106.3
88896.1
87120.7
8367.2
22856.1
42637.9
73361.5 100879.2
94141.3
10112.0
10873.0
35617.3
77016.0 109506.5 109630.4
10406.3
4170.7
21903.7
5853.2
8680.1
14800.0
4553.1
-4509.4
7103.7
316.7
482.5
1247.9
1266.6
648.1
1850.8
0.0
117.1
386.4

-1619.6
2945.4
-4565.0

27932.6
8526.7
19405.9

45670.6
13567.0
32103.6

35365.3
2969.8
32395.5

19030.9 -10163.0
-5640.0
4005.0
24670.9 -14168.0

5575.5
1010.5

11803.9
31209.8

16854.8
48958.4

10024.7
42420.2

1728.6
26399.5

11688.4
-2479.6

40.1
80.5
72.4
139.6
5.6
551.8
129.4
87.7
24.0
3.3
5.0
13.2
1.8
13.3

40.9
84.1
79.0
135.7
8.6
30.5
37.8
167.2
83.3
17.0
3.5
4.9
10.1
1.8
20.3

44.1
100.4
94.2
137.3
9.7
29.7
34.4
213.3
75.7
15.2
3.9
4.2
7.2
1.7
23.0

38.9
108.2
101.2
122.2
2.0
8.4
23.6
248.0
92.3
56.2
7.0
6.9
7.0
2.4
4.4

35.5
110.1
102.0
119.5
-1.7
-29.6
6.5
219.6
98.0
208.1
7.8
8.5
-10.7
3.6
-3.7

34.3
64.1
55.9
141.8
2.5
-39.4
-471.4
208.7
84.5
67.6
11.4
13.7
17.6
3.3
6.1

360.2
3.2
10.3
1.7
1.5
4.1
53.8
325.0
18.8
12.9

1120.6
1.6
17.2
3.4
3.0
4.7
50.0
100.0
33.0
16.7

697.6
3.1
21.5
4.9
4.6
3.8
45.0
44.1
30.9
21.3

334.5
1.2
5.5
1.1
1.0
5.7
36.6
-77.6
5.3
24.8

-770.2
0.5
-4.0
-0.8
-0.9
4.4
42.2
-172.7
33.9
22.0

316.4
1.6
5.5
1.3
1.1
4.2
46.2
-262.5
16.1
20.9

Cement

Operating, Financial & Investment Ratios

150

100
%

50

2004

2005

2006
Gearing ratio

2007
Debt equity ratio

2008
Current ratio

2009

Al-Abbas Cement Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

465

2004

2005

2006

2007

2008

2009

380.9
103.3
484.2
0.0
0.0
262.5
262.5
746.7

380.9
2.9
383.8
0.0
0.0
590.8
590.8
974.6

1142.8
17.0
1159.8
0.0
0.0
1889.7
1889.7
3049.5

1142.8
238.1
1380.9
0.0
0.0
1730.6
1730.6
3111.5

1828.5
-232.8
1595.7
0.0
0.0
2512.3
2512.3
4108.0

1829.0
-111.0
1718.0
0.0
0.0
2506.4
2506.4
4224.4

1.2
1.2
0.0
25.8
225.4
252.4
951.2
1213.7
-698.8
635.8
-950.0

14.1
14.1
0.0
289.8
72.9
376.8
907.9
1498.7
-531.1
688.0
-893.8

118.1
118.1
0.0
366.0
136.9
621.0
769.3
2659.0
-148.3
2026.0
-651.2

2.4
2.4
0.0
428.7
144.8
575.9
1331.3
3061.9
-755.4
2327.3
-1328.9

9.4
9.4
0.0
784.4
243.3
1037.1
1166.0
3678.3
-128.9
2721.5
-1156.6

12.4
12.4
0.0
1084.2
472.3
1568.9
1699.6
4206.0
-130.7
3001.8
-1687.2

2096.6
1445.5
63.2
1697.9

2217.1
1505.8
61.0
1882.6

3970.3
3197.8
61.1
3818.8

4705.3
3866.8
69.5
4442.7

5143.3
4236.8
68.0
5273.9

5366.4
4355.0
105.4
5923.9

903.1
903.1
0.0
844.2
58.9
857.0
46.2
20.5
25.7
0.0
0.0
0.0

687.9
687.9
0.0
726.9
-39.0
752.1
-40.1
32.5
-72.6
2.4
0.0
0.0

1259.0
1172.9
86.1
1232.5
26.5
1262.4
-1.6
73.4
-75.0
4.6
0.0
0.0

285.5
285.5
0.0
414.7
-129.2
443.4
-152.0
16.7
-168.7
1.1
0.0
0.0

1362.7
639.5
723.2
1247.4
115.3
1403.8
-40.5
88.3
-128.8
7.2
0.0
0.0

2982.7
930.8
2051.9
2282.3
700.4
2703.5
309.3
351.2
-41.9
23.0
0.0
0.0

-171.5
25.7
-197.2

227.9
-75.0
302.9

2074.9
-79.6
2154.5

62.0
-169.8
231.8

996.5
-136.0
1132.5

116.4
-64.9
181.3

88.9
-108.3

-14.0
288.9

-18.5
2136.0

-100.3
131.5

-68.0
1064.5

40.5
221.8

35.2
26.5
2.8
250.7
1.5
127.1
94.9
44.4
2.3
3.2
0.0
0.3
5.3

60.6
41.5
33.5
390.5
-3.9
-32.9
-4.8
100.8
109.3
4.7
4.7
2.4
-18.9

62.0
80.7
62.9
229.3
-2.0
-3.8
-0.9
101.5
100.3
-4587.5
5.8
3.6
-6.1
2.0
-6.5

55.6
43.3
32.4
221.7
-3.8
-273.9
-76.3
120.8
155.3
-11.0
5.8
0.7
-0.7
0.3
-12.2

61.2
88.9
68.1
230.5
-2.4
-13.6
-6.4
87.3
103.0
-218.0
6.5
3.2
-5.6
21.9
-8.1

59.3
92.3
64.5
244.8
-0.7
-55.8
18.3
93.9
90.6
113.5
11.8
11.7
-54.9
1.4
-2.4

0.0
2.8
0.7
0.7
4.2
53.2
600.0
-14.4
12.7

0.0
-10.6
-1.9
-2.0
4.2
36.5
-371.4
-23.8
10.1

0.0
0.0
-6.0
-0.7
-0.7
4.1
33.0
-63.2
83.0
10.1

0.0
0.0
-59.1
-1.5
-1.5
2.2
6.4
114.3
-77.3
12.1

0.0
0.0
-9.5
-0.7
-0.7
1.8
25.8
-53.3
377.3
8.7

0.0
0.0
-1.4
-0.2
-0.4
2.5
50.4
-71.4
118.9
9.4

Attock Cement Pakistan Ltd

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

466

2004

2005

2006

2007

2008

2009

721.6
586.9
1308.5
0.0
0.0
14.3
14.3
1322.8

721.6
1400.4
2122.0
0.0
0.0
556.8
556.8
2678.8

721.6
2231.6
2953.2
0.0
0.0
973.3
973.3
3926.5

721.6
2674.4
3396.0
0.0
0.0
822.6
822.6
4218.6

721.6
2810.0
3531.6
0.0
0.0
622.5
622.5
4154.1

721.6
4056.2
4777.8
0.0
0.0
422.5
422.5
5200.3

117.4
107.7
9.7
426.0
197.3
740.7
527.3
541.6
213.4
22.9
-409.9

173.1
168.6
4.5
524.8
162.3
860.2
728.5
1285.3
131.7
564.4
-555.4

99.4
94.9
4.5
368.9
167.2
635.5
944.9
1918.2
-309.4
1304.9
-845.5

473.8
265.8
208.0
592.2
276.4
1342.4
1567.0
2389.6
-224.6
838.1
-1093.2

299.5
111.0
188.5
828.7
409.5
1537.7
1716.9
2339.4
-179.2
822.6
-1417.4

1433.6
871.8
561.8
1094.3
613.9
3141.8
1772.4
2194.9
1369.4
622.5
-338.8

2941.9
1109.4
115.6
1850.1

4455.5
2547.0
106.8
3407.2

6247.8
4236.1
104.7
4871.6

6812.5
4443.2
367.2
5785.6

6955.9
4333.4
401.2
5871.1

7039.6
3831.0
474.4
6972.8

2665.4
2665.4
0.0
2052.2
613.2
2232.3
465.7
9.0
456.7
119.1
90.2
0.0

3518.3
3518.3
0.0
2490.7
1027.6
2731.0
1172.2
11.3
1160.9
273.0
90.2
0.0

4703.8
4703.8
0.0
3038.7
1665.1
3293.6
1418.7
25.4
1393.3
487.0
360.8
0.0

6237.2
6237.2
0.0
4682.5
1554.7
4965.0
1295.5
102.1
1193.4
22.8
324.7
0.0

6770.8
6770.8
0.0
5666.4
1104.4
5969.7
828.9
153.9
675.0
57.7
324.7
0.0

8510.1
6020.9
2489.2
5801.1
2709.0
6568.1
2108.5
119.8
1988.7
595.4
360.8
144.3

181.7
247.4
-65.7

1356.0
797.7
558.3

1247.7
545.5
702.2

292.1
845.9
-553.8

-64.5
292.6
-357.1

1046.2
1032.5
13.7

363.0
297.3

904.5
1462.8

650.2
1352.4

1213.1
659.3

693.8
336.7

1506.9
1520.6

1.1
140.5
103.1
41.4
24.7
136.2
122.1
181.3
83.8
1.9
0.3
39.3
26.1
0.2
34.9

20.8
118.1
95.8
60.6
34.1
58.8
61.8
294.1
77.6
1.0
0.3
2.0
23.5
0.1
54.7

24.8
67.3
49.6
65.0
28.6
43.7
48.1
409.3
70.0
1.8
0.5
1.9
35.0
0.5
47.2

19.5
85.7
68.0
70.4
20.6
289.6
184.0
470.6
79.6
7.9
1.6
12.2
1.9
0.3
35.1

15.0
89.6
65.7
66.2
11.5
-453.6
206.1
489.4
88.2
18.6
2.3
18.7
8.5
0.7
19.1

8.1
177.3
142.6
45.9
28.5
98.7
99.1
662.1
77.2
5.7
1.4
19.2
29.9
0.5
41.6

374.3
6.9
17.1
6.3
4.7
13.0
144.1
-78.9
16.8
18.1

984.4
4.3
33.0
16.1
12.3
9.6
103.3
155.6
32.0
29.4

251.2
12.2
29.6
19.3
12.6
4.1
96.6
19.9
33.7
40.9

360.5
9.6
19.1
16.5
16.2
8.7
107.8
-14.5
32.6
47.1

190.1
9.2
10.0
9.4
8.6
9.0
115.3
-43.0
8.6
48.9

386.2
7.6
23.4
27.6
19.3
11.7
122.0
193.6
25.7
66.2

Bestway Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

467

2004

2005

2006

2007

2008

2009

1934.7
745.7
2680.4
0.0
0.0
1895.4
1895.4
4575.8

2128.2
1485.5
3613.7
0.0
0.0
3148.5
3148.5
6762.2

2341.0
2509.0
4850.0
0.0
0.0
9458.8
9458.8
14308.8

2575.1
3406.1
5981.2
0.0
0.0
12607.1
12607.1
18588.3

2832.6
4023.9
6856.5
0.0
0.0
12764.8
12764.8
19621.3

3257.5
4958.1
8215.6
0.0
0.0
11979.8
11979.8
20195.4

2156.0
293.2
1862.8
519.1
113.1
2788.2
1412.5
3307.9
1375.7
2536.7
743.5

3032.2
605.6
2426.6
788.9
93.4
3914.5
2261.8
5410.3
1652.7
4372.1
770.4

5404.5
419.6
4984.9
1497.4
150.3
7052.2
3709.2
13168.0
3343.0
11235.8
1695.3

6401.1
886.3
5514.8
1937.0
290.8
8628.9
4493.2
17100.3
4135.7
13363.5
1907.9

5937.8
348.6
5589.2
2743.5
729.7
9411.0
5794.2
18559.0
3616.8
16275.8
143.6

5750.1
452.2
5297.9
4424.8
1056.3
11231.2
8027.1
20006.9
3204.1
17695.1
-2277.0

4777.7
3200.2
196.2
5988.4

6889.3
5109.4
203.8
9023.9

12944.6
10965.9
201.5
18018.1

16577.7
14452.5
1978.7
23081.4

18606.9
16004.5
431.9
25415.5

20274.0
16991.3
584.9
28222.5

3801.2
3801.2
0.0
2730.8
1070.4
2851.3
1068.9
139.1
929.8
22.2
193.5
193.5

4905.9
4905.9
0.0
3356.9
1549.0
3540.0
1437.6
139.6
1298.0
26.9
193.5
193.5

6131.1
6131.1
0.0
3837.6
2293.5
4071.2
2199.1
468.7
1730.4
27.7
212.8
212.8

8409.4
8409.4
0.0
7396.6
1012.8
7538.0
1268.0
1211.7
56.3
4.8
0.0
0.0

10669.6
10669.6
0.0
9661.3
1008.3
10082.0
817.1
1236.1
-419.0
37.5
0.0
0.0

14814.8
14814.8
0.0
10044.5
4770.3
11652.0
3490.8
2286.1
1204.7
70.5
0.0
0.0

677.8
714.1
-36.3

2186.4
1077.6
1108.8

7546.6
1489.9
6056.7

4279.5
51.5
4228.0

1033.0
-456.5
1489.5

574.1
1134.2
-560.1

910.3
874.0

1281.4
2390.2

1691.4
7748.1

2030.2
6258.2

-24.6
1464.9

1719.1
1159.0

41.4
197.4
189.4
123.4
15.5
105.4
104.2
138.5
75.0
13.0
3.7
5.5
2.4
1.1
34.7

46.6
173.1
168.9
149.7
14.4
49.3
53.6
169.8
72.2
9.7
2.8
3.2
2.1
0.0
35.9

66.1
190.1
186.1
271.5
9.6
19.7
21.8
207.2
66.4
21.3
7.6
4.2
1.6
0.5
35.7

67.8
192.0
185.6
285.9
0.2
1.2
32.4
232.3
89.6
95.6
14.4
9.1
8.5
1.0
0.9

65.1
162.4
149.8
270.7
-1.6
-44.2
-1.7
242.1
94.5
151.3
11.6
7.6
-8.9
3.4
-6.1

59.3
139.9
126.8
243.5
4.3
197.6
148.3
252.2
78.7
65.5
15.4
12.9
5.9
3.9
14.7

469.0
7.2
24.5
4.8
4.7
5.9
63.5
500.0
27.0
13.9

656.9
5.4
26.5
6.1
6.0
6.4
54.4
27.1
29.1
17.0

800.1
4.4
28.2
7.4
7.3
3.6
34.0
21.3
25.0
20.7

0.0
0.0
0.7
0.2
0.2
18.0
36.4
-97.3
37.2
23.2

0.0
0.0
-3.9
-1.5
-1.6
3.0
42.0
-850.0
26.9
24.2

0.0
0.0
8.1
3.7
3.5
3.7
52.5
-346.7
38.9
25.2

Cherat Cement Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

468

2004

2005

2006

2007

2008

2009

531.9
696.0
1227.9
0.0
0.0
194.3
194.3
1422.2

664.9
1087.6
1752.5
0.0
0.0
813.7
813.7
2566.2

831.1
1281.8
2112.9
0.0
0.0
650.0
650.0
2762.9

955.8
1280.8
2236.6
0.0
0.0
437.5
437.5
2674.1

955.8
1202.3
2158.1
0.0
0.0
380.5
380.5
2538.6

955.8
1306.7
2262.5
0.0
0.0
1087.5
1087.5
3350.0

396.3
386.4
9.9
454.1
79.9
930.3
759.8
954.1
170.5
295.0
-363.5

758.5
750.8
7.7
582.3
88.5
1429.3
636.6
1450.3
792.7
894.3
121.9

557.8
383.5
174.3
639.0
145.2
1342.0
849.0
1499.0
493.0
873.7
-291.2

550.1
75.5
474.6
669.0
117.3
1336.4
859.3
1296.8
477.1
744.7
-309.2

169.5
65.5
104.0
1483.2
207.5
1860.2
1843.7
2224.2
16.5
1052.4
-1674.2

175.0
60.7
114.3
1023.7
280.6
1479.3
1387.6
2475.1
91.7
1764.9
-1212.6

3097.3
1251.7
139.4
2182.0

2377.9
1773.5
143.0
3202.8

4413.6
2269.8
162.7
3611.8

4571.5
2197.0
236.5
3533.4

5068.5
2522.0
176.7
4382.2

5992.9
3258.4
195.9
4737.7

2466.8
2466.8
0.0
1751.6
715.2
1886.7
592.8
19.1
573.7
147.4
212.8
133.0

3205.5
2663.9
541.6
2349.1
856.4
2512.2
718.0
34.0
684.0
178.4
212.8
133.0

3010.6
2149.4
861.2
2064.9
945.7
2252.9
799.2
80.4
718.8
47.6
83.1
124.7

3448.8
2639.2
809.6
3071.1
377.7
3242.2
322.6
75.5
247.1
77.1
95.6
0.0

3881.0
2746.0
1135.0
3701.6
179.4
3875.0
25.1
81.6
-56.5
15.1
0.0
0.0

4567.4
3012.3
1555.1
3896.6
670.8
4203.8
371.4
114.4
257.0
16.9
0.0
0.0

119.0
213.5
-94.5

1144.0
292.8
851.2

196.7
588.1
-391.4

-88.8
74.4
-163.2

-135.5
-71.6
-63.9

811.4
240.1
571.3

352.9
258.4

435.8
1287.0

750.8
359.4

310.9
147.7

105.1
41.2

436.0
1007.3

13.7
122.4
111.9
77.7
26.3
179.4
136.6
230.9
76.5
3.2
0.8
6.5
25.7
0.0
46.7

31.7
224.5
210.6
82.8
21.4
25.6
33.9
263.6
78.4
4.7
1.1
3.8
26.1
0.1
39.0

23.5
158.1
141.0
70.9
19.9
299.0
208.9
254.2
74.8
10.1
2.7
9.2
6.6
0.0
34.0

16.4
155.5
141.9
58.0
7.0
-83.8
210.5
234.0
94.0
23.4
2.2
10.1
31.2
0.1
11.0

15.0
100.9
89.6
103.1
-1.3
52.8
255.1
225.8
99.8
325.1
2.1
7.8
-26.7
0.0
-2.6

32.5
106.6
86.4
109.4
5.4
29.6
43.3
236.7
92.0
30.8
2.5
6.5
6.6
1.3
11.4

200.3
17.3
23.3
10.8
8.0
10.9
113.1
2060.0
3.9
23.1

237.6
12.1
21.3
10.3
7.6
11.4
100.1
-4.6
29.9
26.4

807.7
3.9
23.9
8.6
8.1
9.2
83.4
-16.5
-6.1
25.4

177.8
4.3
7.2
2.6
1.8
10.4
97.6
-69.8
14.6
23.4

0.0
0.0
-1.5
-0.6
-0.7
8.0
88.6
-123.1
12.5
22.6

0.0
0.0
5.6
2.7
2.5
7.8
96.4
-550.0
17.7
23.7

D.G. Khan Cement Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

469

2004

2005

2006

2007

2008

2009

1676.3
4427.5
6103.8
353.5
199.9
2260.6
2814.0
8917.8

1843.9
7519.8
9363.7
0.0
0.0
5031.2
5031.2
14394.9

1843.9
17424.3
19268.2
0.0
0.0
7401.4
7401.4
26669.6

2535.4
31387.8
33923.2
0.0
0.0
8687.6
8687.6
42610.8

2535.4
27544.8
30080.2
0.0
0.0
8411.1
8411.1
38491.3

3042.5
17875.9
20918.4
0.0
0.0
4375.8
4375.8
25294.2

2858.5
84.0
2774.5
1136.8
298.5
4293.8
2796.8
5610.8
1497.0
4308.4
61.7

5473.6
93.8
5379.8
1504.2
101.0
7078.8
3621.5
8652.7
3457.3
6591.5
1852.1

13103.2
77.2
13026.0
1398.5
226.3
14728.0
7634.9
15036.3
7093.1
11591.2
5468.3

25224.5
116.2
25108.3
2066.8
295.1
27586.4
9133.5
17821.1
18452.9
14669.7
16091.0

22104.7
226.4
21878.3
3971.1
445.9
26521.7
13501.6
21912.7
13020.1
18695.7
8603.1

11202.3
243.8
10958.5
6275.1
899.8
18377.2
17428.7
21804.5
948.5
18208.3
-6226.4

11778.1
7420.8
338.9
11714.6

15637.3
10937.7
357.1
18016.5

24591.3
19576.5
349.5
34304.5

29666.8
24158.0
494.2
51744.4

32265.5
25471.3
1363.0
51993.0

32500.5
24345.8
1368.9
42723.0

5697.6
5392.4
305.2
4312.1
1385.5
4481.0
1345.1
189.3
1155.8
28.7
286.8
167.6

7372.2
6730.8
641.4
5423.3
1948.9
5654.5
2425.4
304.0
2121.4
40.0
251.4
167.6

10955.9
10348.1
607.8
6993.1
3962.8
7341.3
3899.1
450.7
3448.4
40.5
276.6
184.4

9399.1
8887.3
511.8
7367.1
2032.0
7675.7
2188.7
468.2
1720.5
33.0
380.3
0.0

17473.5
14732.4
2741.1
15537.3
1936.2
16806.7
1590.9
1766.3
-175.4
108.2
0.0
0.0

18038.2
12236.2
5802.0
12358.5
5679.7
15425.1
3383.2
2606.4
776.8
128.7
0.0
0.0

951.7
840.3
111.4

5477.1
1830.0
3647.1

12274.7
3131.3
9143.4

15941.2
1307.2
14634.0

-4119.5
-283.6
-3835.9

-13197.1
648.1
-13845.2

1179.2
1290.6

2187.1
5834.2

3480.8
12624.2

1801.4
16435.4

1079.4
2017.0
-2756.5 -11828.2

31.6
153.5
142.9
91.9
9.9
88.3
91.4
364.1
78.6
14.1
3.3
4.4
2.5
0.0
18.9

35.0
195.5
192.7
92.4
11.8
33.4
37.5
507.8
76.7
12.5
4.1
4.6
1.9
1.0
22.7

27.8
192.9
189.9
78.0
10.1
25.5
27.6
1045.0
67.0
11.6
4.1
3.9
1.2
0.7
17.9

20.4
302.0
298.8
52.5
3.3
8.2
11.0
1338.0
81.7
21.4
5.0
3.2
1.9
1.5
5.1

21.9
196.4
193.1
72.8
-0.3
6.9
-39.2
1186.4
96.2
111.0
10.1
9.4
-61.7
2.1
-0.6

17.3
105.4
100.3
104.2
1.8
-4.9
-17.1
687.5
85.5
77.0
14.4
14.3
16.6
2.8
3.7

393.0
4.7
20.3
6.9
6.7
5.3
48.6
228.6
10.6
36.4

827.9
2.7
28.8
11.5
11.3
4.8
40.9
66.7
29.4
50.8

1232.1
1.4
31.5
18.7
18.5
3.2
31.9
62.6
48.6
104.5

443.7
1.1
18.3
6.8
6.7
2.5
18.2
-63.6
-14.2
133.8

0.0
0.0
-1.0
-0.7
-1.1
5.6
33.6
-110.3
85.9
118.6

0.0
0.0
4.3
2.6
2.1
6.0
42.2
-471.4
3.2
68.8

Dadabhoy Cement Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

470

2004

2005

2006

2007

2008

2009

438.6
753.0
1191.6
0.0
0.0
1095.0
1095.0
2286.6

438.6
861.1
1299.7
0.0
0.0
1012.9
1012.9
2312.6

438.6
811.8
1250.4
0.0
0.0
1137.7
1137.7
2388.1

438.6
1256.1
1694.7
0.0
0.0
800.0
800.0
2494.7

982.4
1215.1
2197.5
0.0
0.0
750.9
750.9
2948.4

982.4
928.9
1911.3
0.0
0.0
602.6
602.6
2513.9

72.7
21.2
51.5
222.1
46.4
341.2
906.2
2001.2
-565.0
1234.7
-833.5

97.0
43.9
53.1
263.2
51.9
412.1
925.8
1938.7
-513.7
1083.9
-828.8

121.0
13.0
108.0
396.8
3.5
521.3
1050.6
2188.3
-529.3
1300.5
-929.6

213.9
4.9
209.0
217.3
63.1
494.3
1021.4
1821.4
-527.1
808.2
-807.5

12.4
9.3
3.1
297.9
56.1
366.4
1671.1
2422.0
-1304.7
784.3
-1658.7

209.7
2.1
207.6
351.7
44.0
605.4
1450.9
2053.5
-845.5
632.3
-1241.2

3518.9
2851.5
67.4
3192.7

3557.2
2826.2
75.8
3238.3

3745.9
2917.4
85.4
3438.7

3880.1
3021.9
88.5
3516.2

4510.5
4253.0
42.6
4619.4

3655.9
3359.5
20.9
3964.9

1310.8
1310.8
0.0
1068.4
242.4
1166.2
147.5
137.3
10.2
4.3
0.0
0.0

1852.6
1852.6
0.0
1484.5
368.1
1606.6
254.8
141.0
113.8
0.0
0.0
0.0

1982.9
1692.9
290.0
1495.3
487.6
1661.2
325.3
152.1
173.2
8.0
0.0
0.0

992.0
886.1
105.9
986.8
5.2
1156.5
154.8
5.8
149.0
4.9
0.0
0.0

542.5
521.7
20.8
569.2
-26.7
732.1
-182.8
39.4
-222.2
2.5
0.0
0.0

30.0
30.0
0.0
50.4
-20.4
114.5
-51.8
7.8
-59.6
0.0
196.5
196.5

-63.5
5.9
-69.4

26.0
113.8
-87.8

75.5
165.2
-89.7

106.6
144.1
-37.5

453.7
-224.7
678.4

-434.5
-256.1
-178.4

73.3
3.9

189.6
101.8

250.6
160.9

232.6
195.1

-182.1
496.3

-235.2
-413.6

47.9
37.7
32.5
167.9
0.3
1879.5
271.7
89.0
93.1
10.5
11.1
42.2
2.5
0.9

43.8
44.5
38.9
149.2
3.5
437.7
186.2
296.3
86.7
55.3
7.6
13.0
0.0
1.4
8.8

47.6
49.6
49.3
175.0
5.0
218.8
155.7
285.1
83.8
46.8
7.7
11.7
4.6
0.1
13.9

32.1
48.4
42.2
107.5
4.2
135.2
119.2
386.4
116.6
3.7
0.6
0.7
3.3
0.0
8.8

25.5
21.9
18.6
110.2
-4.8
-49.5
-36.7
223.7
134.9
-21.6
7.3
5.0
-1.1
0.0
-10.1

24.0
41.7
38.7
107.4
-1.5
58.9
56.9
194.6
381.7
-15.1
26.0
1.2
0.0
3.0
-3.1

0.0
0.8
0.2
0.1
2.4
41.1
-300.0
9.5
27.2

0.0
6.1
2.6
2.6
2.7
57.2
1200.0
41.3
29.6

0.0
0.0
8.7
3.9
3.8
3.0
57.7
50.0
7.0
28.5

0.0
0.0
15.0
3.4
3.3
3.0
28.2
-12.8
-50.0
38.6

0.0
0.0
-41.0
-2.3
-2.3
1.1
11.7
-167.6
-45.3
22.4

-30.3
10.3
-198.7
-0.6
-0.6
0.6
0.8
-73.9
-94.5
19.5

Dandot Cement Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

471

2004

2005

2006

2007

2008

2009

678.4
-367.0
311.4
0.0
0.0
456.1
456.1
767.5

678.4
-331.0
347.4
0.0
0.0
344.3
344.3
691.7

678.4
-318.3
360.1
0.0
0.0
385.1
385.1
745.2

678.4
-201.6
476.8
0.0
0.0
723.9
723.9
1200.7

948.4
-620.7
327.7
0.0
0.0
1020.0
1020.0
1347.7

948.4
-930.9
17.5
0.0
0.0
1020.0
1020.0
1037.5

20.1
20.1
0.0
191.0
9.6
220.7
1424.9
1881.0
-1204.2
608.9
-1404.8

8.0
8.0
0.0
209.6
39.2
256.8
1447.5
1791.8
-1190.7
428.5
-1439.5

84.7
84.7
0.0
249.8
32.2
366.7
1418.5
1803.6
-1051.8
573.3
-1333.8

14.0
14.0
0.0
520.7
30.4
565.1
1823.6
2547.5
-1258.5
1092.6
-1809.6

10.3
10.3
0.0
512.0
42.2
564.5
1754.2
2774.2
-1189.7
1396.5
-1743.9

3.9
3.9
0.0
563.0
19.2
586.1
2053.2
3073.2
-1467.1
1497.5
-2049.3

3491.1
1971.7
114.8
2192.4

3509.2
1882.3
107.5
2139.1

3524.8
1797.0
101.3
2163.7

4245.5
2459.2
67.3
3024.3

4411.4
2537.4
88.1
3101.9

4462.3
2504.6
84.3
3090.7

1212.0
1212.0
0.0
1219.0
-7.0
1286.1
-63.6
59.6
-123.2
0.0
0.0
0.0

1577.1
1577.1
0.0
1510.4
66.7
1585.5
6.6
68.3
-61.7
5.5
0.0
0.0

1963.0
1963.0
0.0
1742.6
220.4
1815.7
154.8
90.9
63.9
7.2
0.0
0.0

1372.6
1372.6
0.0
1580.0
-207.4
1657.5
-266.6
171.6
-438.2
4.5
0.0
0.0

828.7
814.3
14.4
1065.3
-236.6
1157.7
-328.7
227.7
-556.4
2.9
0.0
0.0

1146.0
1144.2
1.8
1230.9
-84.9
1338.6
-191.7
266.0
-457.7
0.0
0.0
0.0

159.1
-123.2
282.3

-75.8
-67.2
-8.6

53.5
56.7
-3.2

455.5
-442.7
898.2

147.0
-559.3
706.3

-310.2
-457.7
147.5

-8.4
273.9

40.3
31.7

158.0
154.8

-375.4
522.8

-471.2
235.1

-373.4
-225.9

59.4
15.5
14.8
604.0
-5.6
-77.4
-3.1
45.9
106.1
4.9
9.8
0.3
-39.6

49.8
17.7
15.0
515.8
-2.9
127.1
51.2
100.5
1034.8
4.3
15.9
0.1
-17.8

51.7
25.9
23.6
500.9
3.0
106.0
102.1
53.1
92.5
58.7
4.6
15.9
11.3
0.0
17.7

60.3
31.0
29.3
534.3
-14.5
-97.2
-71.8
70.3
120.8
-64.4
12.5
15.7
-1.0
0.0
-91.9

75.7
32.2
29.8
846.6
-17.9
-380.5
-200.4
34.6
139.7
-69.3
27.5
16.3
-0.5
0.1
-169.8

98.3
28.5
27.6
17561.1
-14.8
147.5
165.3
1.8
116.8
-138.8
23.2
17.8
0.0
0.0
-2615.4

0.0
-10.2
-1.8
-1.8
5.7
55.3
-84.9
20.0
4.6

0.0
-3.9
-0.9
-1.0
5.5
73.7
-50.0
30.1
5.1

0.0
0.0
3.3
0.9
0.8
5.4
90.7
-200.0
24.5
5.3

0.0
0.0
-31.9
-6.5
-6.5
3.7
45.4
-822.2
-30.1
7.0

0.0
0.0
-67.1
-5.9
-5.9
3.6
26.7
-9.2
-39.6
3.5

0.0
0.0
-39.9
-4.8
-4.8
3.3
37.1
-18.6
38.3
0.2

Dewan Cement Ltd. (Pakland Cement Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

472

2004

2005

2006

2007

2008

2009

825.0
836.9
1661.9
0.0
3346.9
4.9
3351.8
5013.7

825.0
1448.9
2273.9
0.0
2850.7
0.3
2851.0
5124.9

1650.0
1221.6
2871.6
0.0
2629.8
440.2
3070.0
5941.6

3573.8
5192.8
8766.6
0.0
4410.8
2550.9
6961.7
15728.3

3573.8
4749.7
8323.5
0.0
3850.0
2364.4
6214.4
14537.9

3573.8
4656.0
8229.8
0.0
0.0
1287.8
1287.8
9517.6

828.1
22.1
806.0
290.3
28.9
1147.3
1537.8
4889.6
-390.5
3515.2
-709.7

915.2
108.1
807.1
721.6
132.3
1769.1
2116.6
4967.6
-347.5
3159.4
-1201.4

1037.1
76.8
960.3
894.3
186.7
2118.1
2290.3
5360.3
-172.2
3603.3
-1253.2

233.7
224.5
9.2
2318.1
302.8
2854.6
6430.7
13392.4
-3576.1
8832.4
-6197.0

137.3
124.5
132.6
122.3
4.7
2.2
1418.8
1072.9
127.8
384.2
1683.9
1581.6
7073.2
12079.2
13287.6
13367.0
-5389.3 -10497.6
8076.4
3695.6
-6935.9 -11954.7

6658.6
5404.3
215.9
6551.6

6995.2
5472.4
268.6
7241.5

7903.0
6113.8
268.0
8231.9

20782.7
19304.4
463.4
22159.0

21945.0
19927.2
540.0
21611.1

22475.2
20015.1
461.8
21596.7

2032.9
2032.3
0.6
2015.9
17.0
2332.9
-270.2
17.6
-287.8
6.9
0.0
0.0

2757.0
2757.0
0.0
2417.6
339.4
2478.6
350.6
235.5
115.1
9.5
0.0
0.0

3760.3
3717.6
42.7
3016.9
743.4
3128.1
741.9
262.6
479.3
13.4
0.0
0.0

6307.3
6144.3
163.0
5696.8
610.5
5873.0
718.1
553.1
165.0
21.6
0.0
0.0

6588.4
6085.0
503.4
6696.7
-108.3
7126.6
-257.2
325.1
-582.3
23.0
0.0
0.0

5682.5
4662.0
1020.5
5249.2
433.3
5626.8
86.6
463.2
-376.6
10.2
0.0
0.0

-2561.5
-294.7
-2266.8

111.2
105.6
5.6

816.7
465.9
350.8

9786.7
143.4
9643.3

-1190.4
-605.3
-585.1

-5020.3
-386.8
-4633.5

-78.8
-2345.6

374.2
379.8

733.9
1084.7

606.8
10250.1

-65.3
-650.4

75.0
-4558.5

66.9
74.6
72.7
294.2
-4.4
201.4
114.8
0.9
0.5
1.5
-17.3

55.6
83.6
77.3
218.5
1.6
95.0
98.5
275.6
89.9
67.2
8.5
7.5
8.3
3.2
5.1

51.7
92.5
84.3
186.7
5.8
57.0
67.7
174.0
83.2
35.4
7.0
7.3
2.8
2.2
16.7

44.3
44.4
39.7
152.8
0.7
1.5
5.9
245.3
93.1
77.0
8.8
6.3
13.1
8.1
1.9

42.7
23.8
22.0
159.6
-2.7
50.8
10.0
232.9
108.2
-126.4
4.9
4.0
-3.9
10.9
-7.0

13.5
13.1
9.9
162.4
-1.7
7.7
-1.6
230.3
99.0
534.9
8.2
12.5
-2.7
5.6
-4.6

0.0
-14.2
-3.5
-3.6
3.0
31.0
-488.9
16.9
20.1

0.0
4.2
1.4
1.3
5.0
38.1
-140.0
35.6
27.6

0.0
0.0
12.7
2.9
2.8
4.9
45.7
107.1
36.4
17.4

0.0
0.0
2.6
0.5
0.4
3.6
28.5
-82.8
67.7
24.5

0.0
0.0
-8.8
-1.6
-1.7
2.8
30.5
-420.0
4.5
23.3

0.0
0.0
-6.6
-1.1
-1.1
2.3
26.3
-31.3
-13.7
23.0

Fauji Cement Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

473

2004

2005

2006

2007

2008

2009

3707.4
-2215.0
1492.4
487.0
0.0
3558.8
4045.8
5538.2

3707.4
-1699.6
2007.8
487.0
0.0
2522.0
3009.0
5016.8

3707.4
-903.9
2803.5
487.0
0.0
1425.0
1912.0
4715.5

3707.4
-459.2
3248.2
487.0
0.0
875.0
1362.0
4610.2

6932.9
1864.1
8797.0
487.0
0.0
325.0
812.0
9609.0

6932.9
2270.8
9203.7
487.0
0.0
6224.2
6711.2
15914.9

197.1
197.1
0.0
922.4
61.6
1181.1
372.1
4417.9
809.0
3645.3
-175.0

603.1
603.1
0.0
847.4
55.9
1506.4
1207.0
4216.0
299.4
3383.9
-603.9

847.6
847.6
0.0
642.3
145.1
1635.0
1482.6
3394.6
152.4
2211.4
-635.0

423.1
423.1
0.0
1401.8
183.3
2008.2
1790.5
3152.5
217.7
1250.5
-1367.4

3783.9
3783.9
0.0
1333.9
230.1
5347.9
2845.5
3657.5
2502.4
1703.4
938.4

175.9
175.9
0.0
2355.9
137.5
2669.3
5531.6
12242.8
-2862.3
7315.0
-5355.7

6291.2
4729.3
251.7
5910.4

6750.8
4717.3
256.3
6223.7

6848.5
4563.1
266.5
6198.1

6960.2
4392.5
283.5
6400.7

9974.0
7106.6
302.7
12454.5

21950.8
18777.2
311.7
21446.5

3247.3
3247.3
0.0
2506.4
740.9
3329.0
-39.0
204.2
-243.2
12.6
0.0
0.0

3921.3
3627.8
293.5
2839.8
1081.5
2943.9
988.6
229.6
759.0
15.7
0.0
0.0

5683.4
5194.6
488.8
3492.3
2191.1
3684.8
2041.9
264.3
1777.6
21.4
370.7
0.0

4780.0
4354.1
425.9
3688.5
1091.5
3858.5
995.3
207.1
788.2
17.3
0.0
0.0

4749.2
3889.6
859.6
4091.1
658.1
4255.3
601.5
147.0
454.5
17.7
0.0
0.0

5314.5
4126.7
1187.8
3627.1
1687.4
3858.7
1646.2
224.7
1421.5
48.9
0.0
0.0

459.5
-255.8
715.3

-521.4
743.3
-1264.7

-301.3
1385.5
-1686.8

-105.3
770.9
-876.2

4998.8
436.8
4562.0

6305.9
1372.6
4933.3

-4.1
711.2

999.6
-265.1

1652.0
-34.8

1054.4
178.2

739.5
5301.5

1684.3
6617.6

73.1
317.4
300.9
296.0
-4.1
-55.7
-0.6
40.3
102.5
6.3
5.6
1.4
-16.3

60.0
124.8
120.2
210.0
12.2
54.2
75.1
23.2
5.9
6.8
2.1
2.7
37.8

40.5
110.3
100.5
121.1
28.7
-459.8
-4747.1
75.6
64.8
12.9
4.7
12.0
1.2
0.4
63.4

29.5
112.2
101.9
97.1
12.3
-732.1
591.7
87.6
80.7
20.8
4.3
16.6
2.2
0.4
24.3

8.5
187.9
179.9
41.6
3.6
8.7
13.9
126.9
89.6
24.4
3.1
8.6
3.9
0.6
5.2

42.2
48.3
45.8
133.0
6.6
21.8
25.5
132.8
72.6
13.6
4.2
3.1
3.4
1.0
15.4

0.0
-7.5
-0.7
-0.7
5.4
54.9
-50.0
30.5
4.0

0.0
19.4
2.0
2.0
5.4
63.0
-385.7
20.8
5.4

473.8
13.2
31.3
4.8
4.7
5.7
91.7
140.0
44.9
7.6

0.0
0.0
16.5
2.1
2.1
6.2
74.7
-56.3
-15.9
8.8

0.0
0.0
9.6
0.7
0.6
6.9
38.1
-66.7
-0.6
12.7

0.0
0.0
26.7
2.1
2.0
4.4
24.8
200.0
11.9
13.3

Fecto Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

474

2004

2005

2006

2007

2008

2009

456.0
62.7
518.7
0.0
0.0
41.9
41.9
560.6

456.0
259.2
715.2
0.0
0.0
17.9
17.9
733.1

456.0
576.0
1032.0
0.0
0.0
304.3
304.3
1336.3

456.0
483.8
939.8
0.0
0.0
489.6
489.6
1429.4

456.0
401.8
857.8
0.0
0.0
394.0
394.0
1251.8

456.0
716.2
1172.2
0.0
0.0
292.1
292.1
1464.3

69.8
69.8
0.0
412.0
37.2
519.0
681.0
722.9
-162.0
311.4
-611.2

202.0
202.0
0.0
509.0
103.4
814.4
757.7
775.6
56.7
281.6
-555.7

250.1
250.1
0.0
667.7
25.4
943.2
632.6
936.9
310.6
362.2
-382.5

41.7
41.7
0.0
761.4
78.1
881.2
653.6
1143.2
227.6
606.0
-611.9

37.5
37.5
0.0
898.2
115.7
1051.4
977.7
1371.7
73.7
832.4
-940.2

19.5
19.5
0.0
939.8
167.9
1127.2
1140.2
1432.3
-13.0
694.3
-1120.7

2321.6
722.7
74.2
1241.7

2341.5
676.3
72.6
1490.7

2705.4
1025.7
75.7
1968.9

2935.4
1201.7
52.2
2082.9

2964.8
1178.3
57.0
2229.7

3271.6
1477.2
63.3
2604.4

2056.3
2056.3
0.0
1785.0
271.3
1882.6
179.1
42.1
137.0
12.1
45.6
0.0

2595.2
2595.2
0.0
2133.9
461.3
2257.9
342.5
45.1
297.4
113.7
45.6
0.0

3375.6
3375.6
0.0
2574.7
800.9
2734.8
650.6
13.1
637.5
154.6
136.8
0.0

3183.3
3183.3
0.0
2974.8
208.5
3120.1
98.4
69.2
29.2
0.6
136.8
0.0

3352.7
3021.5
331.2
3161.6
191.1
3312.3
58.2
176.6
-118.4
3.1
0.0
0.0

3310.7
2393.1
917.6
2542.3
768.4
2702.7
616.2
190.6
425.6
66.0
0.0
45.6

38.5
79.3
-40.8

172.5
138.1
34.4

603.2
346.1
257.1

93.1
-108.2
201.3

-177.6
-121.5
-56.1

212.5
359.6
-147.1

153.5
112.7

210.7
245.1

421.8
678.9

-56.0
145.3

-64.5
-120.6

422.9
275.8

7.5
76.2
70.7
139.4
11.0
206.0
136.2
113.8
91.6
23.5
2.0
13.5
8.8
0.4
26.4

2.4
107.5
93.8
108.4
20.0
80.1
86.0
156.8
87.0
13.2
1.7
16.0
38.2
0.9
41.6

22.8
149.1
145.1
90.8
32.4
57.4
62.1
226.3
81.0
2.0
0.4
3.6
24.3
0.8
61.8

34.3
134.8
122.9
121.6
1.4
-116.2
-38.5
206.1
98.0
70.3
2.2
11.4
2.1
0.6
3.1

31.5
107.5
95.7
159.9
-5.3
68.4
53.5
188.1
98.8
303.4
5.3
21.2
-2.6
2.1
-13.8

19.9
98.9
84.1
122.2
16.3
169.2
153.3
257.1
81.6
30.9
5.8
27.5
15.5
2.0
36.3

273.9
8.8
6.7
3.0
2.7
9.8
165.6
-215.4
11.3
11.4

402.9
6.4
11.5
6.5
4.0
10.0
174.1
116.7
26.2
15.7

353.0
13.3
18.9
14.0
10.6
11.2
171.4
115.4
30.1
22.6

20.9
14.6
0.9
0.6
0.6
5.1
152.8
-95.7
-5.7
20.6

0.0
0.0
-3.5
-2.6
-2.7
4.7
150.4
-533.3
5.3
18.8

0.0
0.0
12.9
9.3
7.9
5.4
127.1
-457.7
-1.3
25.7

Flying Cement Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

475

2005

2006

2007

2008

2009

1760.0
1892.9
3652.9
0.0
0.0
46.3
46.3
3699.2

1760.0
1731.1
3491.1
0.0
0.0
37.7
37.7
3528.8

14.6
14.6
0.0
240.0
404.6
659.2
1656.6
1702.9
-997.4
163.6
-1642.0

6.4
6.4
0.0
241.4
426.0
673.8
1899.6
1937.3
-1225.8
314.5
-1893.2

5012.6
4696.6
76.3
5355.8

5145.1
4754.7
75.4
5428.5

238.3
228.5
9.8
515.4
-277.1
538.5
-300.2
31.1
-331.3
2.9
0.0
0.0

666.0
654.8
11.2
815.0
-149.0
839.8
-173.8
65.7
-239.5
0.0
0.0
0.0

-334.2
-

-170.4
-239.5
69.1

-257.9
-

-164.1
-95.0

1.3
39.8
15.4
46.6
-6.2
0.0
0.0
207.6
226.0
-10.4
13.1
19.0
-0.9
4.8
-9.1

1.1
35.5
13.0
55.5
-4.4
140.6
172.7
198.4
126.1
-37.8
9.9
20.9
0.0
1.6
-6.9

0.0
0.0
-139.0
-1.9
-1.9
1.6
4.4
-290.0
20.8

0.0
0.0
-36.0
-1.4
-1.4
1.6
12.3
-26.3
179.5
19.8

Gharibwal Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

476

2004

2005

2006

2007

2008

2009

368.8
86.3
455.1
0.0
0.0
373.8
373.8
828.9

368.8
1172.0
1540.8
0.0
0.0
186.9
186.9
1727.7

1718.8
1425.2
3144.0
0.0
0.0
251.2
251.2
3395.2

1718.8
1033.7
2752.5
0.0
225.0
1975.1
2200.1
4952.6

2318.8
517.4
2836.2
0.0
399.8
3065.4
3465.2
6301.4

2318.8
147.6
2466.4
0.0
399.7
926.9
1326.6
3793.0

182.5
9.2
173.3
206.9
36.5
425.9
876.0
1249.8
-450.1
508.8
-693.5

490.5
317.2
173.3
380.7
24.2
895.4
619.7
806.6
275.7
268.4
-129.2

319.5
157.0
162.5
402.7
135.7
857.9
907.0
1158.2
-49.1
527.3
-587.5

751.8
750.9
0.9
465.0
77.8
1294.6
3273.1
5473.2
-1978.5
2582.1
-2521.3

157.2
156.5
0.7
10184.6
77.8
10419.6
4118.2
7583.4
6301.4
4171.6
-3961.0

68.0
68.0
0.0
825.4
372.0
1265.4
7732.2
9058.8
-6466.8
4300.6
-7664.2

2462.5
1278.9
54.1
1704.8

2659.8
1452.0
53.9
2347.4

4708.1
3444.2
57.5
4302.1

8311.9
6931.0
117.7
8225.6

10807.4
0.0
108.2
10419.6

11915.9
10259.7
168.5
11525.1

1742.8
1742.8
0.0
1647.1
95.7
1702.8
92.5
43.9
48.6
10.0
0.0
0.0

2135.1
2135.1
0.0
1985.5
149.6
2057.6
241.8
45.4
196.4
7.5
0.0
0.0

2209.0
2209.0
0.0
1934.2
274.8
2033.7
213.5
43.3
170.2
3.1
85.9
0.0

771.8
771.8
0.0
960.2
-188.4
1026.0
-89.6
112.5
-202.1
2.5
0.0
0.0

0.0
0.0
0.0
75.2
-75.2
423.4
-410.1
154.0
-564.1
0.0
0.0
0.0

1250.3
1031.1
219.2
1126.5
123.8
1249.2
11.8
370.8
-359.0
5.6
0.0
0.0

146.6
38.6
108.0

898.8
188.9
709.9

1667.5
81.2
1586.3

1557.4
-204.6
1762.0

1348.8
-564.1
1912.9

-2508.4
-364.6
-2143.8

92.7
200.7

242.8
952.7

138.7
1725.0

-86.9
1675.1

-455.9
1457.0

-196.1
-2339.9

45.1
48.6
44.5
274.6
2.9
26.3
46.2
123.4
97.7
47.5
2.5
8.6
20.6
0.0
10.7

10.8
144.5
140.6
52.3
8.4
21.0
25.5
417.8
96.4
18.8
2.1
16.9
3.8
0.0
12.7

7.4
94.6
79.6
36.8
4.0
4.9
8.0
182.9
92.1
20.3
2.0
8.2
1.8
0.0
5.4

44.4
39.6
37.2
198.8
-2.5
-13.1
-5.2
160.1
132.9
-125.6
14.6
4.4
-1.2
0.0
-7.3

55.0
253.0
251.1
267.4
-5.4
-41.8
-31.3
122.3
0.0
-37.6
0.0
3.7
0.0
0.0
-19.9

35.0
16.4
11.6
367.3
-3.1
14.5
8.4
106.4
99.9
3142.4
29.7
8.6
-1.6
4.2
-14.6

0.0
2.8
1.3
1.0
4.2
102.2
-103.6
-11.2
12.3

0.0
9.2
5.3
5.1
4.2
91.0
307.7
22.5
41.8

194.5
2.7
7.7
1.0
1.0
4.0
51.3
-81.1
3.5
18.3

0.0
0.0
-26.2
-1.2
-1.2
3.4
9.4
-220.0
-65.1
16.0

0.0
0.0
0.0
-2.4
-2.4
1.6
0.0
100.0
-100.0
12.2

0.0
0.0
-28.7
-1.5
-1.6
1.8
10.8
-37.5
10.6

Javedan Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

477

2004

2005

2006

2007

2008

2009

560.0
-421.2
138.8
0.0
0.0
0.0
0.0
138.8

560.0
-190.2
369.8
0.0
0.0
0.0
0.0
369.8

560.0
-60.3
499.7
0.0
0.0
0.0
0.0
499.7

560.0
-243.9
316.1
0.0
625.0
0.0
625.0
941.1

560.0
-286.4
273.6
0.0
546.9
120.0
666.9
940.5

290.6
440.6
731.2
0.0
0.0
3530.0
3530.0
4261.2

231.6
231.6
0.0
251.3
26.7
509.6
531.7
531.7
-22.1
0.0
-300.1

527.3
397.3
130.0
231.8
47.8
806.9
603.1
603.1
203.8
0.0
-75.8

509.1
394.9
114.2
232.2
70.6
811.9
464.9
464.9
347.0
0.0
44.2

8.2
8.2
0.0
255.5
189.3
453.0
345.6
970.6
107.4
775.0
-337.4

71.3
71.3
0.0
284.2
172.6
528.1
428.3
1095.2
99.8
775.0
-357.0

71.8
71.8
0.0
222.6
176.3
470.7
1599.9
5129.9
-1129.2
3714.0
-1528.1

986.2
160.9
20.4
670.5

1008.9
166.0
17.7
972.9

1003.7
152.7
17.2
964.6

1698.7
833.8
16.9
1286.8

1721.2
840.7
16.3
1368.8

6285.2
5390.5
14.7
5861.2

1813.6
1813.6
0.0
1672.0
141.6
1695.4
122.2
0.7
121.5
37.0
0.0
0.0

2061.0
2061.0
0.0
1754.2
306.8
1789.4
295.9
0.9
295.0
111.0
42.0
0.0

2410.1
2410.1
0.0
1979.4
430.7
2019.9
423.8
1.1
422.7
111.7
317.5
0.0

1572.7
1539.5
33.2
1494.7
78.0
1692.8
-103.1
74.6
-177.7
5.6
0.0
0.0

1652.7
1527.6
125.1
1564.0
88.7
1614.6
41.9
99.5
-57.6
6.0
0.0
0.0

1622.2
1500.4
121.8
1372.9
249.3
1421.8
212.6
583.0
-370.4
0.0
0.0
0.0

47.4
84.5
-37.1

231.0
142.0
89.0

129.9
-6.5
136.4

441.4
-183.3
624.7

-0.6
-63.6
63.0

3320.7
-370.4
3691.1

104.9
67.8

159.7
248.7

10.7
147.1

-166.4
458.3

-47.3
15.7

-355.7
3335.4

0.0
95.8
90.8
383.1
18.1
178.3
154.7
24.8
93.5
0.6
0.0
30.5
0.0
87.5

0.0
133.8
125.9
163.1
30.3
61.5
64.2
66.0
86.8
0.3
0.0
37.6
0.0
79.8

0.0
174.6
159.5
93.0
43.8
-5.0
7.3
89.2
83.8
0.3
0.0
0.0
26.4
0.0
84.6

66.4
131.1
76.3
307.1
-13.8
-41.5
-36.3
56.4
107.6
-72.4
4.7
9.6
-3.2
0.7
-56.2

70.9
123.3
83.0
400.3
-4.2
10600.0
-301.3
48.9
97.7
237.5
6.0
12.8
-10.4
1.2
-21.1

82.8
29.4
18.4
701.6
-6.3
-11.2
-10.7
251.6
87.6
274.2
35.9
15.7
0.0
0.6
-50.7

0.0
6.7
2.2
1.5
11.8
270.5
-414.3
97.0
2.5

438.1
11.4
14.3
5.3
3.3
11.0
211.8
140.9
13.6
6.6

98.0
63.5
17.5
7.5
5.6
10.4
249.9
41.5
16.9
8.9

0.0
0.0
-11.3
-3.2
-3.3
11.1
122.2
-142.7
-34.7
5.6

0.0
0.0
-3.5
-1.0
-1.1
2.0
120.7
-68.8
5.1
4.9

0.0
0.0
-22.8
-12.7
-12.7
1.7
27.7
1170.0
-1.8
25.2

Kohat Cement Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

478

2004

2005

2006

2007

2008

2009

329.0
384.1
713.1
0.0
0.0
189.3
189.3
902.4

493.5
603.9
1097.4
0.0
0.0
117.1
117.1
1214.5

925.3
1358.6
2283.9
0.0
0.0
239.9
239.9
2523.8

1017.8
1321.8
2339.6
0.0
0.0
2703.3
2703.3
5042.9

1170.5
1158.6
2329.1
0.0
0.0
2985.5
2985.5
5314.6

1287.6
981.3
2268.9
0.0
0.0
2991.4
2991.4
5260.3

168.1
168.1
0.0
334.3
15.1
517.5
520.5
709.8
-3.0
316.0
-352.4

289.1
289.1
0.0
220.6
22.3
532.0
437.4
554.5
94.6
253.8
-148.3

663.5
656.9
6.6
245.4
87.9
996.8
552.3
792.2
444.5
375.5
111.2

132.4
132.4
0.0
348.5
125.1
606.0
821.4
3524.7
-215.4
3067.9
-689.0

37.0
37.0
0.0
1163.9
174.3
1375.2
2309.4
5294.9
-934.2
4708.1
-2272.4

34.4
34.4
0.0
1510.7
139.3
1684.4
3361.9
6353.3
-1677.5
5070.5
-3327.5

2121.2
905.5
69.3
1423.0

2395.2
1119.9
64.2
1651.9

3443.0
2079.4
91.8
3076.2

6722.7
5258.3
105.0
5864.3

7812.7
6248.7
103.9
7623.9

8662.0
6937.8
161.9
8622.2

1979.6
1773.2
206.4
1484.1
495.5
1564.4
419.6
24.4
395.2
130.9
0.0
0.0

2353.7
2120.7
233.0
1689.5
664.2
1778.7
584.1
23.2
560.9
176.3
0.0
164.5

2922.6
2237.9
684.7
1723.0
1199.6
1848.2
1093.5
54.1
1039.4
192.6
0.0
92.5

2050.4
1526.9
523.5
1707.1
343.3
1779.8
346.2
280.6
65.6
23.9
0.0
0.0

1823.6
1309.4
514.2
1736.2
87.4
2090.2
-230.6
48.9
-279.5
7.1
0.0
117.1

3395.6
2601.4
794.2
2591.0
804.6
2735.9
693.9
549.9
144.0
8.7
0.0
0.0

200.8
264.3
-63.5

312.1
384.6
-72.5

1309.3
846.8
462.5

2519.1
41.7
2477.4

271.7
-286.6
558.3

-54.3
135.3
-189.6

333.6
270.1

448.8
376.3

938.6
1401.1

146.7
2624.1

-182.7
375.6

297.2
107.6

21.0
99.4
96.5
99.5
27.8
131.6
123.5
216.7
79.0
5.8
1.2
7.7
33.1
1.3
55.4

9.6
121.6
116.5
50.5
34.0
123.2
119.3
222.4
75.6
4.0
1.0
9.1
31.4
1.0
51.1

9.5
180.5
164.6
34.7
33.8
64.7
67.0
246.8
63.2
4.9
1.9
14.4
18.5
0.7
45.5

53.6
73.8
58.5
150.7
1.1
1.7
5.6
229.9
86.8
81.1
13.7
9.1
36.4
1.0
2.8

56.2
59.5
52.0
227.3
-3.7
-105.5
-48.6
199.0
114.6
-21.2
2.7
1.0
-2.5
0.8
-12.0

56.9
50.1
46.0
280.0
1.7
-249.2
276.2
176.2
80.6
79.2
16.2
10.8
6.0
0.5
6.3

0.0
20.0
12.0
8.0
8.3
139.1
990.9
22.2
21.7

0.0
23.8
11.4
7.8
7.1
142.5
-5.0
18.9
22.2

0.0
0.0
35.6
11.2
9.2
8.2
95.0
-1.8
24.2
24.7

0.0
0.0
3.2
0.6
0.4
5.0
35.0
-94.6
-29.8
23.0

0.0
0.0
-15.3
-2.4
-2.4
1.9
23.9
-500.0
-11.1
19.9

0.0
0.0
4.2
1.1
1.1
2.6
39.4
-145.8
86.2
17.6

Lafarge Pak. Cement Ltd. (Pakistan Cement Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

479

2004

2005

2006

2007

2008

2009

5624.6
217.8
5842.4
0.0
0.0
0.0
0.0
5842.4

5624.6
-207.8
5416.8
0.0
0.0
0.0
0.0
5416.8

6768.4
-266.0
6502.4
0.0
0.0
7015.9
7015.9
13518.3

11345.1
-851.3
10493.8
0.0
0.0
5735.2
5735.2
16229.0

13126.4
-2096.1
11030.3
0.0
0.0
4410.1
4410.1
15440.4

13126.4
-3365.5
9760.9
0.0
0.0
3075.2
3075.2
12836.1

0.3
0.3
0.0
142.9
0.0
143.2
3360.5
3360.5
-3217.3
0.0
-3360.2

0.9
0.9
0.0
472.1
0.0
473.0
3398.6
3398.6
-2925.6
775.4
-3397.7

23.2
23.2
0.0
380.7
26.0
429.9
2258.3
9274.2
-1828.4
7151.4
-2235.1

678.4
678.4
0.0
2332.1
498.8
3509.3
5242.6
10977.8
-1733.3
7059.7
-4564.2

55.5
55.5
0.0
3729.8
946.9
4732.2
6539.7
10949.8
-1807.5
8153.7
-6484.2

71.3
71.3
0.0
2217.7
724.4
3013.4
6865.1
9940.3
-3851.7
6705.9
-6793.8

9064.1
9059.6
0.3
9202.5

8348.4
8342.4
1.7
8815.4

15356.6
15346.7
4.0
15776.6

18736.5
17962.2
736.9
21471.5

18937.4
17247.9
917.1
21980.1

19021.2
16688.0
655.7
19701.4

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
122.5
645.3
6.5
638.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
55.2
-53.7
0.0
-53.7
0.0
0.0
0.0

6225.0
5116.4
1108.6
6724.3
-499.3
7083.3
-1.8
796.0
-797.8
0.0
0.0
0.0

10079.8
7804.1
2275.7
9504.9
574.9
10060.2
67.0
1481.7
-1414.7
23.1
0.0
0.0

8129.9
5709.1
2420.8
7146.3
983.6
8174.9
-23.8
1230.8
-1254.6
24.5
0.0
0.0

0.0
0.0
0.0

-425.6
638.8
-1064.4

8101.5
-53.7
8155.2

2710.7
-797.8
3508.5

-788.6
-1437.8
649.2

-2604.3
-1279.1
-1325.2

0.3
0.3

640.5
-423.9

-49.7
8105.5

-60.9
3447.6

-520.7
128.5

-623.4
-1948.6

0.0
0.0
0.0
2.5
0.0
100.0
103.9
0.0

0.0
13.9
13.9
62.7
7.2
96.3
1.0
0.8
0.0
11.8

51.9
35.3
19.0
66.9
17.9
57.4
142.6
104.6
-0.3
-3.7
-0.7
-29.4
-0.6
-1.8
96.1
92.5
0.0
113.8
0.0 -44222.2
0.0
12.8
0.0
11.3
0.0
0.0
0.0
1.2
-0.8
-7.6

28.6
72.4
57.9
99.3
-6.4
182.3
-405.2
84.0
99.8
2211.5
14.7
18.2
-1.6
0.3
-12.8

24.0
43.9
33.3
101.8
-6.4
49.1
32.0
74.4
100.6
-5171.4
15.1
18.4
-2.0
0.9
-12.9

0.0
0.0
0.0
0.0
0.0
0.0
10.4

0.0
1.1
1.1
0.0
0.0
0.0
9.6

0.0
0.0
-14.0
-1.1
-1.1
5.1
45.9
57.1
61.9
8.4

0.0
0.0
-15.4
-1.0
-1.0
3.8
41.3
-9.1
-19.3
7.4

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
-109.1
9.6

0.0
0.0
-12.8
-0.7
-0.7
4.3
29.0
600.0
9.2

Lucky Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

480

2004

2005

2006

2007

2008

2009

2450.0
1895.9
4345.9
0.0
0.0
1150.0
1150.0
5495.9

2633.8
2548.6
5182.4
0.0
0.0
6530.2
6530.2
11712.6

2633.8
4435.9
7069.7
0.0
0.0
10156.6
10156.6
17226.3

2633.8
6719.8
9353.6
0.0
0.0
8329.0
8329.0
17682.6

3233.8
15421.7
18655.5
0.0
0.0
6633.3
6633.3
25288.8

3233.8
20018.2
23252.0
0.0
0.0
4300.0
4300.0
27552.0

1000.1
1000.1
0.0
854.6
172.3
2027.0
1544.1
2694.1
482.9
1718.5
-544.0

141.4
141.4
0.0
1087.5
115.8
1344.7
3094.3
9624.5
-1749.6
7933.4
-2952.9

2063.8
2063.8
0.0
1962.5
431.4
4457.7
6396.5
16553.1
-1938.8
13185.0
-4332.7

1239.2
1239.2
0.0
3489.4
676.3
5404.9
8041.2
16370.2
-2636.3
12808.5
-6802.0

270.0
270.0
0.0
7430.2
709.4
8409.6
8950.3
15583.6
-540.7
10481.7
-8680.3

1049.1
1049.1
0.0
5669.8
1196.6
7915.5
10840.3
15140.3
-2924.8
10487.9
-9791.2

6455.0
5013.0
215.3
7040.0

15128.5
13462.2
241.4
14806.9

21255.8
19165.1
426.2
23622.8

23291.8
20318.9
883.1
25723.8

29777.5
25829.5
978.9
34239.1

35562.3
30476.9
1148.2
38392.4

4270.0
4028.4
241.6
3169.5
1100.5
3287.0
984.0
10.8
973.2
16.6
0.0
183.8

5566.4
4897.0
669.4
4186.8
1379.6
4335.8
1231.7
21.7
1210.0
19.9
0.0
183.8

10707.9
9379.1
1328.8
7797.2
2910.7
8072.4
2635.7
82.8
2552.9
39.9
263.4
0.0

16623.4
12309.6
4313.8
12948.2
3675.2
13699.4
3553.3
862.8
2690.5
63.1
329.2
0.0

20819.8
11539.0
9280.8
16457.0
4362.8
18387.7
2433.4
126.7
2306.7
85.4
323.4
0.0

26330.4
10498.6
15831.8
16519.1
9811.3
19939.6
6414.1
1237.0
5177.1
156.7
1293.5
0.0

1676.8
956.6
720.2

6216.7
1190.1
5026.6

5513.7
2249.6
3264.1

456.3
2298.2
-1841.9

7606.2
1897.9
5708.3

2263.2
3726.9
-1463.7

1171.9
1892.1

1431.5
6458.1

2675.8
5939.9

3181.3
1339.4

2876.8
8585.1

4875.1
3411.4

20.9
131.3
120.1
62.0
13.8
57.0
61.9
177.4
77.0
1.1
0.3
0.6
1.7
0.4
22.4

55.8
43.5
39.7
185.7
8.2
19.1
22.2
196.8
77.9
1.8
0.4
0.3
1.6
0.4
23.3

59.0
69.7
62.9
234.1
10.8
40.8
45.0
268.4
75.4
3.1
0.8
0.6
1.6
0.9
36.1

47.1
67.2
58.8
175.0
10.5
503.7
237.5
355.1
82.4
24.3
5.2
6.7
2.3
2.9
28.8

26.2
94.0
86.0
83.5
6.7
25.0
33.5
576.9
88.3
5.2
0.6
1.2
3.7
3.5
12.4

15.6
73.0
62.0
65.1
13.5
164.7
142.9
719.0
75.7
19.3
4.7
11.8
3.0
4.8
22.3

0.0
22.8
4.0
3.9
5.1
60.7
185.7
12.1
17.7

0.0
21.7
4.6
4.5
4.8
37.6
15.0
30.4
19.7

954.1
3.7
23.8
9.7
9.5
3.2
45.3
110.9
92.4
26.8

798.1
3.5
16.2
10.2
10.0
4.6
64.6
5.2
55.2
35.5

686.9
1.7
11.1
7.1
6.9
4.8
60.8
-30.4
25.2
57.7

388.1
5.6
19.7
16.0
15.5
4.4
68.6
125.4
26.5
71.9

Maple Leaf Cement Factory Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

481

2004

2005

2006

2007

2008

2009

1804.9
1629.7
3434.6
0.0
125.0
2061.7
2186.7
5621.3

2707.4
3040.6
5748.0
541.5
41.7
2157.7
2740.9
8488.9

2978.1
3792.4
6770.5
541.5
0.0
7955.3
8496.8
15267.3

3722.6
4724.3
8446.9
541.5
0.0
9524.4
10065.9
18512.8

3722.6
4081.7
7804.3
541.5
8000.0
2199.0
10740.5
18544.8

3722.6
2446.4
6169.0
541.5
7200.0
1688.8
9430.3
15599.3

228.3
223.3
5.0
1196.5
100.1
1524.9
1466.3
3653.0
58.6
2978.6
-1238.0

374.8
369.8
5.0
1399.0
183.2
1957.0
1930.7
4671.6
26.3
3306.6
-1555.9

118.3
100.9
17.4
2385.6
200.9
2704.8
3526.0
12022.8
-821.2
9487.1
-3407.7

1068.1
123.4
944.7
2663.8
369.7
4101.6
4919.6
14985.5
-818.0
11330.8
-3851.5

853.8
118.9
734.9
4767.3
434.0
6055.1
7591.7
18332.2
-1536.6
14836.7
-6737.9

506.5
99.9
406.6
4114.6
650.9
5272.0
10054.2
19484.5
-4782.2
11620.3
-9547.7

9393.1
5562.7
334.4
7087.6

12626.7
8462.4
341.1
10419.4

20517.7
16088.5
372.7
18793.3

24188.1
19330.9
439.3
23432.5

25802.4
20081.4
865.5
26136.5

27142.7
20381.5
1047.7
25653.5

4967.5
4967.5
0.0
3819.2
1148.3
3916.2
1062.4
310.8
751.6
17.3
270.7
0.0

6193.4
6193.4
0.0
4865.5
1327.9
4978.5
1233.0
205.7
1027.3
38.9
0.0
270.7

7954.9
7954.9
0.0
5806.3
2148.6
6005.8
1975.8
341.0
1634.8
28.5
0.0
0.0

5514.2
5514.2
0.0
5204.3
309.9
5359.0
198.4
338.5
-140.1
9.7
0.0
0.0

10552.4
8195.1
2357.3
9228.6
1323.8
10209.5
448.6
1812.8
-1364.2
44.8
0.0
0.0

15251.4
8766.1
6485.3
10296.9
4954.5
12830.6
2482.5
3400.2
-917.7
64.3
0.0
0.0

-272.9
463.6
-736.5

2867.6
988.4
1879.2

6778.4
1606.3
5172.1

3245.5
-149.8
3395.3

32.0
-1409.0
1441.0

-2945.5
-982.0
-1963.5

798.0
61.5

1329.5
3208.7

1979.0
7151.1

289.5
3684.8

-543.5
897.5

65.7
-1897.8

38.9
104.0
97.2
106.4
10.6
1297.6
190.3
78.8
29.3
6.3
10.4
2.3
1.8
21.9

32.3
101.4
91.9
81.3
9.9
34.5
41.4
212.3
80.4
16.7
3.3
6.2
3.8
1.5
17.9

55.7
76.7
71.0
177.6
8.7
23.7
27.7
227.3
75.5
17.3
4.3
3.6
1.7
2.1
24.1

54.4
83.4
75.9
177.4
-0.6
-4.6
7.9
226.9
97.2
170.6
6.1
3.0
-6.9
3.5
-1.7

57.9
79.8
74.0
234.9
-5.2
-4403.1
-60.6
209.6
96.8
404.1
17.2
12.2
-3.3
7.0
-17.5

60.5
52.4
46.0
315.8
-3.6
33.3
-3.5
165.7
84.1
137.0
22.3
29.3
-7.0
4.5
-14.9

271.3
7.9
15.1
4.2
4.1
6.1
70.1
-940.0
23.4
19.0

0.0
16.6
3.8
3.7
6.1
59.4
-9.5
24.7
21.2

0.0
0.0
20.6
5.5
5.4
4.4
42.3
44.7
28.4
22.7

0.0
0.0
-2.5
-0.4
-0.4
7.9
23.5
-107.3
-30.7
22.7

0.0
0.0
-12.9
-3.7
-3.8
4.5
40.4
825.0
91.4
21.0

0.0
0.0
-6.0
-2.5
-2.6
5.2
59.5
-32.4
44.5
16.6

Mustehkam Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

482

2004

2005

2006

2007

2008

2009

123.2
-883.1
-759.9
0.0
0.0
488.2
488.2
-271.7

123.2
-940.5
-817.3
0.0
0.0
0.0
0.0
-817.3

123.2
2506.1
2629.3
0.0
0.0
0.0
0.0
2629.3

123.2
2733.6
2856.8
0.0
0.0
400.0
400.0
3256.8

150.3
2540.5
2690.8
0.0
0.0
1270.0
1270.0
3960.8

150.3
3170.8
3321.1
0.0
0.0
4200.0
4200.0
7521.1

0.7
0.7
0.0
201.8
2.8
205.3
734.8
1223.0
-529.5
588.2
-734.1

0.7
0.7
0.0
201.4
2.8
204.9
1254.5
1254.5
-1049.6
0.0
-1253.8

5.4
5.4
0.0
353.9
128.5
487.8
1512.4
1512.4
-1024.6
342.2
-1507.0

11.0
11.0
0.0
856.7
164.5
1032.2
1667.2
2067.2
-635.0
854.2
-1656.2

19.5
19.5
0.0
1113.6
306.8
1439.9
1708.7
2978.7
-268.8
1987.0
-1689.2

9.9
9.9
0.0
1122.9
197.1
1329.9
2134.4
6334.4
-804.5
5264.5
-2124.5

1093.9
257.8
25.7
463.1

1343.2
232.4
26.5
437.3

3663.8
3653.9
13.8
4141.7

4086.4
3891.7
185.5
4923.9

4627.8
4229.6
204.2
5669.5

8860.3
8325.6
185.5
9655.5

0.0
0.0
0.0
0.0
0.0
36.5
-31.4
66.1
-97.5
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
37.3
-27.8
32.4
-60.2
0.0
0.0
0.0

408.7
408.7
0.0
406.4
2.3
423.0
-7.8
14.9
-22.7
1.6
0.0
0.0

940.6
940.6
0.0
1224.5
-283.9
1244.9
100.5
63.0
37.5
3.2
0.0
0.0

1484.9
1484.9
0.0
1768.5
-283.6
1791.4
-300.7
115.5
-416.2
4.9
0.0
0.0

1351.2
1351.2
0.0
1231.4
119.8
1326.6
26.8
158.2
-131.4
3.1
0.0
0.0

334.6
-97.5
432.1

-545.6
-60.2
-485.4

3446.6
-24.3
3470.9

627.5
34.3
593.2

704.0
-421.1
1125.1

3560.3
-134.5
3694.8

-71.8
360.3

-33.7
-519.1

-10.5
3460.4

219.8
813.0

-216.9
908.2

51.0
3745.8

27.9
27.6
-21.1
-29.1
-19.9
-616.8
11.2
-

16.3
16.1
-13.8
-663.4
-

0.0
32.3
23.8
57.5
-0.5
-0.7
-0.3
2134.2
103.5
-191.0
3.6
4.4
-7.0
0.1
-0.9

12.3
61.9
52.0
72.4
0.8
5.5
27.0
2318.8
132.4
62.7
6.7
7.4
8.5
1.0
1.3

32.1
84.3
66.3
110.7
-7.3
-59.8
-23.9
1790.3
120.6
-38.4
7.8
5.8
-1.2
0.3
-15.5

55.8
62.3
53.1
190.7
-1.4
-3.8
1.4
2209.6
98.2
590.3
11.7
3.0
-2.4
0.3
-4.0

-7.9
-7.9
9.1
0.0
5.3
-61.7

-4.9
-4.9
10.3
0.0
-38.0
-66.3

0.0
0.0
-5.6
-1.8
-2.0
6.9
9.9
-63.3
213.4

0.0
0.0
4.0
3.0
2.8
5.1
19.1
-266.7
130.1
231.9

0.0
0.0
-28.0
-27.7
-28.0
5.2
26.2
-1023.3
57.9
179.0

0.0
0.0
-9.7
-8.7
-8.9
4.4
14.0
-68.6
-9.0
221.0

Pioneer Cement Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

483

2004

2005

2006

2007

2008

2009

954.4
-400.7
553.7
0.0
185.9
1921.2
2107.1
2660.8

1547.5
703.0
2250.5
0.0
0.0
2469.2
2469.2
4719.7

1624.8
1301.6
2926.4
0.0
0.0
2746.8
2746.8
5673.2

1698.1
972.3
2670.4
0.0
0.0
609.2
609.2
3279.6

1995.3
2550.0
4545.3
0.0
0.0
2016.4
2016.4
6561.7

1995.3
2586.1
4581.4
0.0
0.0
1344.3
1344.3
5925.7

37.2
37.2
0.0
529.4
50.8
617.4
1613.8
3720.9
-996.4
2302.3
-1576.6

17.5
17.5
0.0
431.8
56.8
506.1
2168.3
4637.5
-1662.2
2585.6
-2150.8

71.9
71.9
0.0
552.9
96.8
721.6
2731.8
5478.6
-2010.2
3275.3
-2659.9

305.5
305.5
0.0
644.1
150.3
1099.9
5330.9
5940.1
-4231.0
1612.2
-5025.4

139.2
139.2
0.0
693.9
68.7
901.8
3910.8
5927.2
-3009.0
3692.0
-3771.6

159.3
159.3
0.0
787.7
146.1
1093.1
4422.1
5766.4
-3329.0
3939.2
-4262.8

5069.8
3657.3
184.4
4274.7

8024.8
6381.7
233.3
6887.8

9598.5
7683.4
277.4
8405.0

9795.8
7510.6
375.7
8610.5

12291.4
9570.9
435.3
10472.7

12341.9
9254.7
380.3
10347.8

1958.3
1958.3
0.0
1571.7
386.6
1681.2
355.6
117.4
238.2
6.7
0.0
0.0

2800.1
2436.8
363.3
2127.0
673.1
2312.6
514.7
120.7
394.0
11.3
0.0
0.0

4153.6
3754.9
398.7
2922.9
1230.7
3094.7
1130.1
196.9
933.2
17.7
162.5
73.1

4648.7
4276.7
372.0
4330.5
318.2
4479.0
181.4
365.8
-184.4
18.3
0.0
0.0

6607.5
5150.4
1457.1
6093.8
513.7
6798.9
-160.8
413.2
-574.0
24.5
0.0
0.0

5000.2
3957.8
1042.4
3667.3
1332.9
4402.5
625.7
451.5
174.2
10.1
0.0
0.0

-952.0
231.5
-1183.5

2058.9
382.7
1676.2

953.5
753.0
200.5

-2393.6
-202.7
-2190.9

3282.1
-598.5
3880.6

-636.0
164.1
-800.1

415.9
-767.6

616.0
2292.2

1030.4
1230.9

173.0
-2017.9

-163.2
3717.4

544.4
-255.7

79.2
38.3
35.1
672.0
5.6
58.0
85.8
33.0
6.0
5.1
2.8
1.3
43.0

52.3
23.3
20.7
206.1
5.7
18.6
26.9
145.4
82.6
23.5
4.3
4.7
2.9
0.7
17.5

48.4
26.4
22.9
187.2
11.1
79.0
83.7
180.1
74.5
17.4
4.7
6.0
1.9
0.3
31.9

18.6
20.6
17.8
222.4
-2.1
8.5
-8.6
157.3
96.3
201.7
7.9
22.7
-9.9
0.6
-6.9

30.7
23.1
21.3
130.4
-5.5
-18.2
-4.4
227.8
102.9
-257.0
6.3
11.2
-4.3
0.6
-12.6

22.7
24.7
21.4
125.9
1.7
-25.8
-212.9
229.6
88.0
72.2
9.0
11.5
5.8
0.7
3.8

0.0
12.2
2.5
2.4
5.1
45.8
-256.3
8.9
5.8

0.0
14.1
2.5
2.5
6.4
40.7
0.0
43.0
14.5

563.4
5.6
22.5
5.7
5.6
4.3
49.4
128.0
48.3
18.0

0.0
0.0
-4.0
-1.1
-1.2
4.9
54.0
-119.3
11.9
15.7

0.0
0.0
-8.7
-2.9
-3.0
5.8
63.1
163.6
42.1
22.8

0.0
0.0
3.5
0.9
0.8
4.0
48.3
-131.0
-24.3
23.0

Thatta Cement Company Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

484

2005

2006

2007

2008

2009

797.7
-227.0
570.7
0.0
0.0
166.7
166.7
737.4

797.7
-26.9
770.8
0.0
0.0
83.3
83.3
854.1

6.4
6.4
0.0
419.8
175.9
602.1
608.9
775.6
-6.8
411.3
-602.5

50.4
11.8
38.6
334.0
225.3
609.7
565.0
648.3
44.7
409.7
-514.6

2026.1
744.3
46.6
1346.4

2136.5
809.5
46.0
1419.2

1820.8
1313.3
507.5
1611.4
209.4
1744.0
139.1
85.4
53.7
7.3
0.0
0.0

1795.1
1110.0
685.1
1301.9
493.2
1483.2
327.1
63.7
263.4
15.0
0.0
0.0

46.4

116.7
248.4
-131.7

93.0

22.6
98.9
70.0
135.9
4.0
0.0
0.0
71.5
95.8
61.4
4.7
20.8
13.6
7.4
9.4

9.8
107.9
68.0
84.1
18.6
212.9
180.9
96.6
82.6
19.5
3.5
15.5
5.7
3.1
34.2

0.0
0.0
2.9
0.7
0.6
6.0
135.2
-30.0

0.0
0.0
14.7
3.3
3.1
6.3
126.5
371.4
-1.4
9.7

7.2

294.4
162.7

Zeal Pak Cement Factory Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

485

2004

2005

2006

2007

2008

2009

1700.0
-599.9
1100.1
0.0
0.0
0.0
0.0
1100.1

1700.0
-324.6
1375.4
0.0
0.0
0.8
0.8
1376.2

1700.0
-266.7
1433.3
0.0
0.0
0.4
0.4
1433.7

1700.0
-428.0
1272.0
0.0
0.0
0.2
0.2
1272.2

4278.4
-2853.1
1425.3
0.0
0.0
117.3
117.3
1542.6

4278.4
-3375.6
902.8
0.0
0.0
30.1
30.1
932.9

7.3
7.3
0.0
727.8
148.9
884.0
1215.1
1215.1
-331.1
577.2
-1207.8

5.1
5.1
0.0
690.1
136.0
831.2
806.7
807.5
24.5
475.6
-801.6

6.5
6.5
0.0
963.5
213.2
1183.2
1016.2
1016.6
167.0
655.4
-1009.7

0.6
0.6
0.0
903.2
162.5
1066.3
983.3
983.5
83.0
700.6
-982.7

6.6
6.6
0.0
762.6
180.8
950.0
1437.5
1554.8
-487.5
827.2
-1430.9

19.7
19.7
0.0
803.2
183.2
1006.1
1974.2
2004.3
-968.1
730.1
-1954.5

1641.1
1431.1
104.1
2315.1

1657.4
1351.8
95.7
2183.0

1658.8
1266.7
86.5
2449.9

1657.1
1189.1
78.9
2255.4

2843.4
2030.1
145.0
2980.1

2858.6
1901.0
127.8
2907.1

1077.6
1077.6
0.0
1111.3
-33.7
1286.9
-194.4
47.6
-242.0
3.5
0.0
0.0

1511.9
1511.9
0.0
1447.9
64.0
1617.2
-97.6
34.7
-132.3
6.8
0.0
0.0

1424.0
1424.0
0.0
1306.7
117.3
1471.6
-45.7
58.8
-104.5
5.1
0.0
0.0

697.3
697.3
0.0
857.2
-159.9
1063.6
-357.9
74.9
-432.8
2.4
0.0
0.0

453.5
453.5
0.0
926.4
-472.9
1127.0
-669.2
69.1
-738.3
1.6
0.0
0.0

569.1
569.1
0.0
990.1
-421.0
1032.4
-462.4
59.2
-521.6
0.0
0.0
0.0

1081.2
-245.5
1326.7

276.1
-139.1
415.2

57.5
-109.6
167.1

-161.5
-435.2
273.7

270.4
-739.9
1010.3

-609.7
-521.6
-88.1

-141.4
1185.3

-43.4
371.8

-23.1
144.0

-356.3
-82.6

-594.9
415.4

-393.8
-481.9

0.0
72.8
60.5
110.5
-10.5
-22.7
-11.9
64.7
119.4
4.4
8.2
30.8
-22.0

0.1
103.0
86.2
58.7
-6.1
-50.4
-11.7
80.9
107.0
2.3
7.3
21.7
-9.6

0.0
116.4
95.5
70.9
-4.3
-190.6
-16.0
84.3
103.3
-128.7
4.1
9.0
-4.9
33.9
-7.3

0.0
108.4
91.9
77.3
-19.2
269.5
431.4
74.8
152.5
-20.9
10.7
10.7
-0.6
46.9
-34.0

7.6
66.1
53.5
109.1
-24.8
-273.6
-143.2
33.3
248.5
-10.3
15.2
8.4
-0.2
76.3
-51.8

3.2
51.0
41.7
222.0
-17.9
85.6
81.7
21.1
181.4
-12.8
10.4
8.1
0.0
57.5
-57.8

0.0
-22.5
-1.4
-1.4
28.8
46.5
-93.7
21.8
6.5

0.0
-8.8
-0.8
-0.8
6.7
69.3
-42.9
40.3
8.1

0.0
0.0
-7.3
-0.6
-0.6
6.4
58.1
-25.0
-5.8
8.4

0.0
0.0
-62.1
-2.5
-2.6
6.2
30.9
316.7
-51.0
7.5

0.0
0.0
-162.8
-1.7
-1.7
12.2
15.2
-32.0
-35.0
3.3

0.0
0.0
-91.7
-1.2
-1.2
6.3
19.6
-29.4
25.5
2.1

Al-Abbas Cement Industries Ltd.

Perdesi House, Survey No. 2/1, R.Y.16, Old Queens Road, Karachi.

Management

Banker

Syed Ajaz Ahmed(Chairman)

Allied Bank Of Pakistan Ltd.

Mr, Momal Shunaid(Chief Executive)

Bank Al-Falah Ltd.

Mrs. Asma Cochinwala(Director)

Albaraka Islamic Bank Ltd.

Mr. Tariq Usman Bhatti(Director)

Habib Bank Ltd.

Mrs. Momina Duraid(Director)

KASB Bank Ltd.

Syed Salman Rasheed(Director)

National Bank Of Pakistan

Mr. Aves Cochinwala(Director)

United Bank Ltd.

Auditor
M/s. M. Sikander & Co.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.66

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Clinker

10.00

Capacity

Actual Production

900,000

582,824

Metric tons

Attock Cement Pakistan Ltd

D-70, Block-4, Kehkashan-5, Clifton, Karachi.

Management

Banker

Dr. Ghaith R. Pharaon(Chairman)

KASB Bank Ltd.

Mr. Babar Bashir Nawaz(Chief Executive)

The Bank Of Punjab

Mr. Laith G. Pharaon(Director)

Bank Al Habib Ltd.

Mr. Wael G. Pharaon(Director)

First Women Bank Ltd.

Mr. Shuaib A. Malik(Director)

Bank Alfalah Ltd.

Mr. Abdus Sattar(Director)

NIB Bank Ltd.

Mr. Bashir Ahmad(Director)

United Bank Ltd.

Auditor
M/s. A.F.Ferguson & Co.

Date of Annual General Meeting

19th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

77.13

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

81.09

Ordinary Shares (%)

50

Lowest Price in

2009

Rs.

30.00

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

56.87

Preference Shares(%)

Production Desc

Investment Yield%

12

Units

Capacity

Actual Production

Cliniker

M. Tons

1,710,000

1,678,619

Cement

M. Tons

1,795,500

1,721,665

486

Bestway Cement Ltd.

Bestway Building, 19-A, College Road, F-7 Markaz, Islamabad.

Management

Banker

Sir Mohammed Anwer Pervez(Chairman)

Auditor

MCB Bank Ltd.

KPMG Taseer Hadi & Co.

Mr. Zameer Mohammed Choudhary(Chief Execu The Royal Bank of Scottland Ltd.
Mr. Arshad Mehmood Choudhary(Director)

Askari Commercial Bank Limited

Mr. Ghulam Sarwar Malik(Director)

Bank Al-Habib Limited

Mr. Mazhar Rafi(Director)

Bank Alflah Limited

Mr. Arshad Hameed(Director)

Faysal Bank Ltd.

Mr. Muhammad Irfan A. Shaikh(Director)

Habib Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

25.54

Percentage Dividend rate :

Highest Price in

2009

Rs.

40.05

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.97

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

22.96

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Clinker Hattar

Metric Tons

1,170,000

1,074,607

Clinker Chakwal

Metric Tons

3,420,000

2,183,928

Cherat Cement Company Ltd.

Modern Motor House, Beaumont Road, Karachi-75530

Management

Banker

Mr. Mohammad Faruque(Chairman)

RBS Bank Ltd.

Mr. Azam Faruque(Chief Executive)

Allied Bank Of Pakistan Ltd.

Mr. Arif Faruque(Director)

Citibank N.A.

Mr. Shehryar Faruque(Director)

Bank Al-Habib Ltd.

Mr. Akbarali Pesnani(Director)

HSBC Bank Middle East Ltd.

Mr. Iftikhar Ahmad Bashir (NIT)(Director)

Habib Bank Ltd.

Mr. Aamir amin (NIT)(Director)

MCB Bank Ltd.

Auditor
M/S. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

20th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.53

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.82

Ordinary Shares (%)

Lowest Price in

2009

Rs.

9.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.99

Preference Shares(%)

Investment Yield%

Production Desc
Clinker

, 2009

Units

Capacity

Actual Production

M. Tons

1,000,000

967,100

487

D.G. Khan Cement Company Ltd.

Nishat House, 53-A, Lawrence Road, Lahore.

Management

Banker

Mrs. Naz Mansha(Chairperson)

The Royal Bank of Scotland Ltd.

Mian Raza Mansha(Chief Executive)

Allied Bank Ltd.

Mr. Muhammad Azam(Director)

Habib Bank Ltd.

Mr. Inayat Ullah Niazi(Director)

The Bank Of Punjab

Mr. Khalid Qadeer Qureshi(Director)

National Bank Of Pakistan

Ms. Nabiha Shahnawaz Cheema(Director)

MCB Bank Ltd.

Mr. Zaka-ud-Din(Director)

United Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

29.65

Percentage Dividend rate :

Highest Price in

2009

Rs.

67.13

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.04

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

36.30

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Clinker

M. tons

4,020,000

3,946,101

Cement Bags

Nos.

120,000,000

71,165,872

Dadabhoy Cement Industries Ltd.

C-30/II, 24th Commercial Street, Phase-2 (Ext.) D.H.A. Karachi.

Management

Banker

Mr. Mohammad Hussain Dadabhoy(Chairman)

Auditor

Saudi Pak Commercial Bank Ltd.

M/s. A.R.Khan & Co.

Mr. Mohammad Amin Dadabhoy(Chief Executive Prime Commercial Bank Limited

Mr. Fazal Karim Dadabhoy(Director)

MCB Bank Ltd.

Mr. Naseemuddin(Director)

National Bank Of Pakistan

Syed Nasim Ahmed(Director)

Mrs. Yasmeen Dadabhoy(Director)
Mrs. Noor Bakht Dadabhoy(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.12

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.89

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.80

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.74

Preference Shares(%)

Investment Yield%

Production Desc
Cement

, 2009

Units
M. Tons

488

Capacity

Actual Production

598,000

8,800

Dandot Cement Company Ltd.

30-Sher Shah Block, New Garden Twon, Lahore

Management

Banker

Mr. Muhammad Rasheed(Chairman)

The Bank Of Punjab

Mr. Mansoor Rasheed(Chief Executive)

Bank Alfalah Limited

Mrs. Tanveer Rasheed(Director)

KASB Bank Ltd.

Mr. Saud Rasheed(Director)

Habib Bank Ltd.

Ms. Rizwana Rasheed(Director)

United Bank Ltd.

Mrs. Ayesha Mansoor(Director)

National Bank Of Pakistan

Mrs. Amina Saud(Director)

Saudi Pak Commercial Bank Ltd.

Auditor
M/s. Amin, Mudassar & Co.

Date of Annual General Meeting

30th November , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.30

Percentage Dividend rate :

Highest Price in

2009

Rs.

26.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

7.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.38

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Cement

10.00

Capacity

Actual Production

504,000

259,598

M. Tons

Dewan Cement Ltd. (Pakland Cement Ltd.)

Blcok-A, 2nd Floor, Finance & Trade Centre, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Dewan M. Yousuf Farooqui(Chairman / C.E.O.) United Bank Ltd.

M/s. Faruq Ali & Co.

Mr. Haroon Iqbal(Director)

Allied Bank Of Pakistan Ltd.

Mr. Azizul Haque(Director)

Askari Commercial Bank Ltd.

Dewan Abdullah Ahmed(Director)

Faysal Bank Ltd.

Syed Muhammad Ali Khan(Director)

Habib Bank Ltd.

Dewan Abdul Baqi Farooqui(Director)

National Bank Of Pakistan

Mr. Basheer Ahmed Chowdry (Creditors)(Directo Standard Chartered Bank Ltd.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

12.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.71

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

4.99

Preference Shares(%)

Investment Yield%

Production Desc
Clinker

, 2009

Units

Capacity

Actual Production

M.Tons

2,700,000

1,294,983

489

Fauji Cement Company Ltd.

1st Floor, Aslam Plaza, 60 Adamjee Road, Saddar, Rawalpindi.

Management

Banker

Lt. Gen. (Retd.) Hamid Rab Nawaz(Chairman)

Auditor

Habib Bank Ltd.

KPMG Taseer Hadi & Co.

Lt. Gen. (Retd,) Javed Alam Khan(M.D. / C.E.O. Muslim Commercial Bank Ltd.
Brig. (Retd.) Arif Rasul Qureshi(Director)

National Bank Of Pakistan

Brig. (Retd.) Munawar Ahmed Rana(Director)

Standard Chartered Bank Ltd.

Mr. Qaisar Javed(Director)

Mr. Riyaz H. Bokhari (IFU)(Director)
Brig. (Retd.) Rahat Khan(Director)
Date of Annual General Meeting

17th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.59

Percentage Dividend rate :

Highest Price in

2009

Rs.

8.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.62

Preference Shares(%)

Investment Yield%

Production Desc
Cement production

, 2009

Units

Capacity

Actual Production

M.Tons

1,165,500

1,183,684

Fecto Cement Ltd.

35-Darul Aman Housing Society, Block 7&8, Shahra-e-Faisal, Karachi.

Management

Banker

Auditor

Mr. Mohammed Asad Fecto(Chairman)

Habib Bank Ltd.

KPMG Taseer Hadi & Co.

Mr. Mohammed Yasin Fecto(Chief Executive)

MCB Bank Ltd.

M/s. Rahman Sarfaraz Rahim Iqbal Rafiq

Mrs. Zubeda Bai(Director)

National Bank Of Pakistan

Mr. Khalid Yacoob(Director)

NIB Bank Ltd.

Mr. Muhammad Hussain(Director)

Saudi Pak Ind. & Agr. Inv. Co. (Pvt.) Ltd.

Mr. Mohammad Shakeel Arif(Director)

Mr. Mohammed Ilyas Khan(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.66

Percentage Dividend rate :

Highest Price in

2009

Rs.

18.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.50

Average Price in

2009

Rs.

13.43

Ordinary Shares Bonus (%)

, 2009

10

Preference Shares(%)

Production Desc
Cement

Investment Yield%

Units
M.Tons

490

Capacity

Actual Production

780,000

740,330

Flying Cement Ltd.

103-Fazal Road, Lahore Cantt, Lahore

Management

Banker

Mr. Kamran Khan(Chairman / C.E.O.)

Askari Bank Ltd.

Mr. Imran Qamar(Director)

Bank Of Punjab

Mr. Momin Qamar(Director)

United Bank Ltd.

Mr. Bilal Qamar(Director)

Al Baraka Islamic Bank

Mrs. Shaista Imran(Director)

Faysal Bank Ltd.

Mrs. Samina Kamran(Director)

MCB Bank Ltd.

Mrs. Misbah Momin(Director)

National Bank of Pakistan.

Auditor
M/S Tahir Siddiqi & Co.

Date of Annual General Meeting

26th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.48

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.12

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.78

Preference Shares(%)

Investment Yield%

, 2009

Units

Capacity

Actual Production

Clinker

M.Tons

1,200,000

90,694

Cement

M.Tons

1,260,000

155,214

Production Desc

Gharibwal Cement Ltd.

34 - Main Gulberg , P.O.Box 1285, Lahore

Management

Banker

Mr. Mohd. Tousif Peracha(Chairman / C.E.O.)

Askari Bank Ltd.

Mrs. Tabassum Tousif Peracha(Director)

Citi Bank N. A.

Mr. Abdul Rafique Khan(Director)

The Royal Bank of Scotland Ltd.

Mr. Ali Rashid Khan(Director)

Habib Bank Ltd.

Mrs. Amna Khan(Director)

MCB Bank Ltd.

Mr. M. Niaz Piracha(Director)

National Bank Of Pakistan

Mr. Jawaid Aziz Peracha(Director)

Silk Bank Ltd.

Auditor
M/s.. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

01st December , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.80

Percentage Dividend rate :

Highest Price in

2009

Rs.

17.38

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.62

Preference Shares(%)

Investment Yield%

, 2009

Units

Capacity

Actual Production

Cliniker

Tons

2,010,000

782,074

Cement

Tons

4,320,000

692,091

Production Desc

491

Javedan Cement Ltd.

2nd Floor, Pardesi House, Survey No.2/1, R.Y.16, Old Queens Road, Karachi.

Management

Banker

Mr. Arif Habib(Chairman)

Allied Bank Of Pakistan Ltd.

Aves Cochinwala(Chief Executive)

Habib Bank Ltd.

Mr. Kashif Habib(Director)

MCB Bank Ltd.

Mr. Asma Cochinwala(Director)

National Bank Of Pakistan

Mr. Ijaz Ahmed(Director)

United Bank Ltd.

Mr. Bushra Ayub(Director)

Askari Bank Ltd.

Mr. Ikram-ul-Haq Siddiqui(Director)

Arif Habib Bank Ltd.

Auditor
M/s Haroon Zakaria & Company

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

105.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

124.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

85.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

104.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Cement

Capacity

Actual Production

600,000

368,357

M.Tons

Kohat Cement Company Ltd.

Kohat Cement Company Ltd., Rawalpindi Road, Kohat.

Management

Banker

Auditor

Mr. Aizaz Mansoor Sheikh(Chief Executive)

National Bank Of Pakistan

KPMG Taseer Hadi & Co.

Mr. Ibrahim Tanseer Sheikh(Director)

Askari Commercial Bank Ltd.

Mrs. Hafsa Nadeem(Director)

Allied Bank Of Pakistan Ltd.

Mr. Nadeem Atta Sheikh(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Tariq Atta Sheikh(Director)

The Bank of Khyber

Mrs. Ghazala Amjad(Director)

Soneri Bank Ltd.

Mr. Omer Aziz Sheikh(Director)

MCB Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.28

Percentage Dividend rate :

Highest Price in

2009

Rs.

36.27

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.60

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.75

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Cement-Gray

M.Tons

1,974,000

781,879

Cement-White

M.Tons

141,750

20,215

Clinker-Gray

M.Tons

1,880,000

713,347

492

Lafarge Pak. Cement Ltd. (Pakistan Cement Ltd.)

18-B, Kaghan Road, F-8 Markaz, Islamabad.

Management

Banker

Mr. Ahmed Said Heshmat Hassan(Chairman)

Auditor

Habib Bank Ltd.

M/s. Emst & Young Ford Rhodes Sidat Hyder &

Maj. Gen. (Retd.) Rehmat Khan(Chief Executive MCB Bank Ltd.

Mr. Amr Ali Reda(Director)

Allied Bank Ltd.

Mrs. Amal Tantawi(Director)

Citibank N.A.

Mr. Ashraf Abouelkheir(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Bilal Hamid Jawaid(Director)

United Bank Ltd.

Mr. Shahid Anwar (NIT)(Director)

NIB Bank Ltd.

Date of Annual General Meeting

29th April

Year Ending :

31st December , 2009

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

2.19

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.24

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.90

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.77

Preference Shares(%)

Investment Yield%

Production Desc
Clinker

, 2010

Units

Capacity

Actual Production

M.Tons

2,400,000

2,224,333

Lucky Cement Ltd.

Tehsil: Pezu, Dist. Lucky Marwat, NWFP(Kyber Pakhtunkhua

Management

Banker

Mr.Muhammad Yunus Tabba(Chairman)

Habib Metorpolitan Bank Ltd.

Mr. Muhammad Ali Tabba(Chief Executive)

MCB Bank Ltd.

Mr. Imran Yunus Tabba(Director)

Citi Bank N. A.

Ms. Mariam Razzak(Director)

Habib Bank Limited

Mrs. Rahila Aleem(Director)

Allied Bank Ltd.

Mr. Javed Yunus Tabba(Director)

The Royal Bank of Scotland Ltd.

Mr. Muhammad Sohail Tabba(Director)

Bank Al Habib Ltd.

Auditor
M/s Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

58.53

Highest Price in

2009

Rs.

97.45

Lowest Price in

2009

Rs.

25.26

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

60.06

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

40

Units

Capacity

Actual Production

Clinker

M. Tons

7,750,000

5,610,455

Cement

M. Tons

7,000,000

5,715,860

493

Maple Leaf Cement Factory Ltd.

42-Lawrence Road, Lahore.

Management

Banker

Mr. Tariq Sayeed Saigol(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Sayeed Tariq Saigol(Chief Executive)

Habib Bank Ltd.

Mr. Kamil Taufique Saigol(Director)

MCB Bank Ltd.

Mr. Taufique Sayeed Saigol(Director)

National Bank Of Pakistan

Mr. Zamiruddin Azar(Director)

Bank Al-Falah Ltd.

Ms. Bushra Naz Malik(Director)

Soneri Bank Ltd.

Mr. Waleed Tariq Saigol(Director)

The Bank Of Punjab

Auditor
M/s. Hameed Chaudhri & Co.

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.26

Percentage Dividend rate :

Highest Price in

2009

Rs.

11.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.59

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.76

Preference Shares(%)

Investment Yield%

Production Desc
Clinker

, 2009

10.00

Units

Capacity

Actual Production

M. Tons

3,690,000

3,137,065

Mustehkam Cement Ltd.

Bestway Building, 19-A, College Road, F-7 Markaz, Islamabad.

Management

Banker

Mr. Muhammad Anwar Pervez(Chairman)

Auditor

Habib Bank Ltd.

KPMG Taseer Hadi & Co.

Mr. Zameer Mohammed Choudrey(Chief Execut National Bank Of Pakistan

Mr. Arshad Mehmood Chaudhary(Director)

Bank Al Habib Ltd.

Mr. Muhammad Irfan A. Sheikh(Director)

NIB Bank Ltd.

Mr. Mazhar Rafi(Director)

Allied Bank Ltd.

Mr. Arshad Hameed(Director)

Arif Habib Bank Ltd.

Mr. Ghulam Sarwar Malik(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

42.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

91.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

42.75

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

66.88

Preference Shares(%)

Investment Yield%

Production Desc
Cliniker

, 2009

Units
M.Tons

494

Capacity

Actual Production

573,000

225,982

Pioneer Cement Ltd.

1st Floor, Alfalah Building, Shahrah-e-Quaid-e-Azam, Lahore.

Management

Banker

Malik Manzoor Hayat Noon(Chairman)

Bank Al-Habib Ltd.

Mr. Javed Ali Khan(M.D. / C.E.O.)

Habib Bank Ltd.

Mr. Aly Khan(Director)

National Bank Of Pakistan

Mr. Nadir Rahman(Director)

Askari Bank Ltd.

Mr. Wajahat A. Baqai (NBP)(Director)

United Bank Limited

Mr. William Gardon Rodgers(Director)

The Bank Of Punjab

Mr. Rafique Dawood (FDIB)(Director)

Bank Islami Pakistan Ltd.

Auditor
M/S Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Highest Price in
2009

Rs.

13.58

Rs.

29.37

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

18.05

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Units

Capacity

Actual Production

Clinker

M. Tons

1,995,000

1,145,094

Cement

M. Tons

Indeterminable

1,166,095

Production Desc

Thatta Cement Company Ltd.

Perdesi House, Survey No. 2/1, R.Y.16, Old Queens Road, Karachi-74000

Management

Banker

Mrs. Zetun Hajiani(Director)

Al Baraka Islamic Bank

Mr. Muhammad Arif Habib(Chairman)

Arif Habib Bank Ltd.

Auditor
M/S Hyder Bhimji & Co.

Mr. Muhammad Fazlullah Shariff(Chief Executive National Bank of Pakistan.

Mr. Muhammad Akmal Jameel(Director)

MCB Bank Ltd.

Mr. Muhammad Khubaib(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Muhamamd Kashif(Director)

Mr. Muhammad Ejaz(Director)
Date of Annual General Meeting

17th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Highest Price in
2009

Rs.

19.87

Rs.

25.68

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.15

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.81

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Production Desc

Units

Capacity

Actual Production

Clinker

M. Tons

450,000

371,900

Cement

M.Tons

324,788

495

Zeal Pak Cement Factory Ltd.

7th Floor, PIC Tower, 32-A, Lalazar Drive, Molvi Tamizuddin Khan Road, Karachi.

Management

Banker

Mr. Mazhar Ali Jatoi(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Jehangir Akbar(Chief Executive)

Bank of Punjab Ltd.

Mr. Muhammad Moosa(Director)

MCB Bank Ltd

Mr. Mushtaq Ali Shah Bukhari(Director)

National Bank of Pakistan.

Mr. Ashraf Ali Jatoi(Director)

The Royal Bank of Scotland Ltd.

Mr. Nawab Ali Jatoi(Director)

Meezan Bank Ltd.

Auditor
M/s. Hamid Khan & Co.

Mr. Nawab Ahmed Khanzada(Director)

Date of Annual General Meeting

26th March

Year Ending :

30th June

Face Value

Rs.

Market Price as on 30/06/2009

Rs.

.46

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.72

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.24

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.94

Preference Shares(%)

Investment Yield%

Production Desc

, 2010
, 2009

10.00

Units

Capacity

Actual Production

Cement

M.Tons

1,755,000

143,715

Bages

No.s

15,000,000

84,000

496

Fuel & Energy Sector

Fuel And Energy Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

499

2004

2005

2006

2007

2008

2009

109308.0
97082.9
206390.9
0.0
1456.7
55749.9
57206.6
263597.5

141411.1
161779.1
303190.2
0.0
416.3
39377.9
39794.2
342984.4

142310.7
169210.5
311521.2
0.2
535.7
34165.7
34701.6
346222.8

146429.4
159524.5
305953.9
4509.3
3329.1
45234.4
53072.8
359026.7

149322.1
175352.6
324674.7
5983.4
1087.1
58929.2
65999.7
390674.4

150799.1
206531.2
357330.3
5983.4
1040.0
59720.9
66744.3
424074.6

69922.7
62795.8
7126.9
110831.4
38684.8
219438.9
178896.1
236102.7
40542.8
76908.0
-108973.4

109730.0
97213.3
12516.7
147489.2
41507.1
298726.3
223819.4
263613.6
74906.9
62813.9
-114089.4

138826.3
80666.3
58160.0
193279.3
60391.5
392497.1
321780.9
356482.5
70716.2
64994.6
-182954.6

117716.9
67734.8
49982.1
252516.1
72234.4
442467.4
395634.9
448707.7
46832.5
96013.9
-277918.0

152451.8
92786.9
59664.9
366784.0
116651.6
635887.4
601238.1
667237.8
34649.3
142035.3
-448786.3

88542.3
49948.7
38593.6
630578.2
90426.4
809546.9
772971.9
839716.2
36575.0
127669.7
-684429.6

381760.0 468646.1 498445.8 526881.1 605847.7 662396.9

223054.8 268077.5 275506.5 312194.1 356025.1 387499.5
18160.8
23414.4
24777.9
23188.1
24793.0
25631.7
442493.7 566803.8 668003.6 754661.5 991912.5 1197046.4
655890.1
648419.8
7470.3
571059.8
84830.3
606385.8
67037.9
5954.2
61083.7
14405.1
31441.2
124.3
77871.1
15237.4
62633.7

953328.3
940811.9
12516.4
820076.3
133252.0
861000.0
104980.6
7033.9
97946.7
28930.0
47959.0
158.3

1296578.6
1275004.3
21574.3
1136150.4
160428.2
1184462.5
142103.6
9609.9
132493.7
39643.5
66237.2
1811.9

1445910.5
1420543.9
25366.6
1285235.1
160675.4
1342730.4
126374.7
11583.0
114791.7
35364.5
61184.5
1047.7

1772186.6
1732971.1
39215.5
1548041.9
224144.7
1624715.6
175613.1
19272.0
156341.1
52714.6
75401.7
1614.1

1885039.0
1843370.9
41668.1
1685291.2
199747.8
1769456.5
154674.3
38966.5
115707.8
38431.3
66559.0
2027.2

79386.9
3238.4
21057.7
26613.0
58329.2 -23374.6

12803.9
18242.7
-5438.8

31647.7
28224.8
3422.9

33400.2
10717.5
22682.7

51390.9
28016.3

41430.8
35992.0

53017.8
56440.7

36349.2
59031.9

33398.2
44472.1
96031.9 102801.3
21.7
122.7
101.0
114.4
13.8
19.6
34.8
188.8
92.5
8.9
0.9
7.7
23.6
9.2
29.6

11.6
133.5
114.9
86.9
17.3
26.5
43.3
214.4
90.3
6.7
0.7
11.2
29.5
8.8
32.3

10.0
122.0
103.2
114.4
19.8
821.8
183.4
218.9
91.4
6.8
0.7
14.8
29.9
8.5
42.5

14.8
111.8
93.6
146.7
15.2
142.5
115.1
208.9
92.9
9.2
0.8
12.1
30.8
10.0
37.5

16.9
105.8
86.4
205.5
15.8
89.2
93.9
217.4
91.7
11.0
1.1
13.6
33.7
13.7
48.2

15.7
104.7
93.0
235.0
9.7
32.1
61.6
237.0
93.9
25.2
2.1
30.5
33.2
21.1
32.4

148.5
15.2
9.3
5.6
4.3
8.4
148.2
75.0
15.6
18.9

143.9
15.8
10.3
6.9
4.9
9.2
168.2
23.2
45.3
21.4

140.2
21.3
10.2
9.3
6.5
9.2
194.1
34.8
36.0
21.9

129.8
20.0
7.9
7.8
5.4
9.0
191.6
-16.1
11.5
20.9

137.4
23.2
8.8
10.5
6.9
8.0
178.7
34.6
22.6
21.7

116.1
18.6
6.1
7.7
5.1
8.1
157.5
-26.7
6.4
23.7

Fuel & Energy

Operating, Financial & Investment Ratios

250
200
%

150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Altern Energy Limited

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

501

2004

2005

2006

2007

2008

2009

221.0
-0.8
220.2
0.0
0.0
86.5
86.5
306.7

221.0
-102.9
118.1
0.0
0.0
57.3
57.3
175.4

221.0
-219.0
2.0
0.0
0.0
0.0
0.0
2.0

3425.5
3769.9
7195.4
0.0
0.0
15528.0
15528.0
22723.4

3425.5
4261.7
7687.2
0.0
0.0
15670.5
15670.5
23357.7

3425.5
-686.9
2738.6
0.0
0.0
944.9
944.9
3683.5

15.4
15.4
0.0
27.3
0.0
42.7
173.7
260.2
-131.0
200.4
-158.3

9.2
9.2
0.0
59.6
0.0
68.8
278.6
335.9
-209.8
165.8
-269.4

56.3
56.3
0.0
164.5
0.0
220.8
619.6
619.6
-398.8
101.2
-563.3

1740.9
1740.9
0.0
2988.5
277.2
5006.6
5502.3
21030.3
-495.7
17824.6
-3761.4

1072.3
1072.3
0.0
4164.0
355.0
5591.3
7312.0
22982.5
-1720.7
18636.1
-6239.7

3289.4
84.9
3204.5
122.5
0.0
3411.9
805.8
1750.7
2606.1
1068.2
2483.6

592.3
437.8
44.0
480.5

574.1
385.2
39.4
454.0

624.7
400.8
35.5
621.6

24142.7
23219.2
699.6
28225.8

27127.7
25078.4
1166.1
30669.7

1611.8
1077.5
72.2
4489.4

95.1
95.1
0.0
95.5
-0.4
121.2
-25.7
20.9
-46.6
0.0
0.0
0.0

24.8
24.8
0.0
77.1
-52.3
114.6
-89.6
11.9
-101.5
0.0
0.0
0.0

0.0
0.0
0.0
38.1
-38.1
74.1
-69.5
43.8
-113.3
1.6
0.0
0.0

0.0
0.0
0.0
37.2
-37.2
50.4
-48.9
24.3
-73.2
0.5
0.0
0.0

11402.9
11402.9
0.0
8515.7
2887.2
8623.1
2870.4
1739.2
1131.2
0.5
0.0
0.0

659.7
659.7
0.0
509.1
150.6
689.3
-26.7
212.3
-239.0
1.0
0.0
0.0

-84.7
-46.6
-38.1

-131.3
-101.5
-29.8

-173.4
-114.9
-58.5

22721.4
-73.7
22795.1

634.3 -19674.2
1130.7
-240.0
-496.4 -19434.2

-2.6
-40.7

-62.1
-91.9

-79.4
-137.9

625.9
23421.0

2296.8
-167.8
1800.4 -19602.0

28.2
24.6
24.6
118.2
-9.7
99.6
127.4
22.0
10.4
0.9
-21.2

32.7
24.7
24.7
284.4
-22.4
53.4
462.1
48.0
7.2
0.0
-85.9

0.0
35.6
35.6
30980.0
-18.2
66.3
57.6
0.9
0.0
-63.0
0.0
43.3
-1.4
0.0
-5665.0

68.3
91.0
86.0
292.3
-0.3
-0.3
2.7
210.1
0.0
-49.7
0.0
0.1
-0.7
0.0
-1.0

67.1
76.5
71.6
299.0
3.7
178.3
127.6
224.4
75.6
60.6
15.3
9.3
0.0
0.0
14.7

25.7
423.4
423.4
63.9
-5.3
1.2
0.9
79.9
104.5
-795.1
32.2
19.9
-0.4
17.8
-8.7

0.0
-49.0
-2.1
-2.1
9.4
19.8
-200.0
-42.8
10.0

0.0
-409.3
-4.6
-4.6
9.1
5.5
119.0
-73.9
5.3

0.0
0.0
0.0
-5.1
-5.2
8.2
0.0
10.9
-100.0
0.1

0.0
0.0
0.0
-0.2
-0.2
122.0
0.0
-96.1
21.0

0.0
0.0
9.9
3.3
3.3
5.0
37.2
-1750.0
22.4

0.0
0.0
-36.2
-0.7
-0.7
5.7
14.7
-121.2
-94.2
8.0

Attock Petroleum Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

502

2005

2006

2007

2008

2009

400.0
613.1
1013.1
0.0
0.0
0.0
0.0
1013.1

400.0
1645.7
2045.7
0.0
0.0
0.0
0.0
2045.7

400.0
3054.3
3454.3
0.0
0.0
0.0
0.0
3454.3

480.0
5055.8
5535.8
0.0
0.0
0.0
0.0
5535.8

576.0
6506.3
7082.3
0.0
0.0
0.0
0.0
7082.3

1357.9
1267.1
90.8
644.7
110.1
2112.7
1434.8
1434.8
677.9
0.0
-76.9

2634.2
2280.9
353.3
3354.8
74.2
6063.2
4538.4
4538.4
1524.8
0.0
-1904.2

4268.8
4066.8
202.0
3771.9
341.7
8382.4
5529.5
5529.5
2852.9
0.0
-1260.7

7157.4
6117.9
1039.5
7134.3
299.1
14590.8
9977.5
9977.5
4613.3
0.0
-2820.1

8168.3
7434.9
733.4
8829.7
141.5
17139.5
11188.1
11188.1
5951.4
0.0
-3019.8

433.6
335.2
32.1
2447.9

673.0
520.9
55.8
6584.1

816.4
601.3
63.4
8983.7

1212.2
922.6
77.2
15513.4

1485.4
1130.9
82.6
18270.4

11217.0
11217.0
0.0
10786.0
431.0
10950.8
559.9
0.0
559.9
167.0
200.0
100.0

46223.8
46223.8
0.0
44411.9
1811.9
44754.1
1945.6
0.0
1945.6
553.0
480.0
0.0

49965.9
49965.9
0.0
47920.9
2045.0
48330.5
2435.7
0.0
2435.7
723.0
560.0
80.0

60130.1
60130.1
0.0
57381.7
2748.4
57937.7
3529.6
0.0
3529.6
924.0
960.0
96.0

61863.2
61863.2
0.0
58570.8
3292.4
59076.9
3630.3
0.0
3630.3
1120.0
1440.0
0.0

192.9
-

1032.6
912.6
120.0

1408.6
1152.7
255.9

2081.5
1645.6
435.9

1546.5
1070.3
476.2

225.0
-

968.4
1088.4

1216.1
1472.0

1722.8
2158.7

1152.9
1629.1

0.0
147.2
139.6
141.6
22.9
0.0
0.0
253.3
97.6
0.0
0.0
29.8
2.5
55.3

0.0
133.6
132.0
221.9
29.5
88.4
89.0
511.4
96.8
0.0
0.0
0.0
28.4
5.4
95.1

0.0
151.6
145.4
160.1
27.1
81.8
82.6
863.6
96.7
0.0
0.0
0.0
29.7
5.0
70.5

0.0
146.2
143.2
180.2
22.8
79.1
79.8
1153.3
96.4
0.0
0.0
0.0
26.2
9.7
63.8

0.0
153.2
151.9
158.0
19.9
69.2
70.8
1229.6
95.5
0.0
0.0
0.0
30.9
12.7
51.3

196.5
19.7
5.0
14.0
9.8
11.1
458.2
1300.0
25.3

290.1
23.5
4.2
48.6
34.8
16.6
702.1
247.1
312.1
51.1

305.8
16.2
4.9
60.9
42.8
12.2
556.2
25.3
8.1
86.4

271.4
17.3
5.9
73.5
54.3
12.8
387.6
20.7
20.3
115.3

174.3
20.3
5.9
63.0
43.6
9.0
338.6
-14.3
2.9
123.0

Attock Refinery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

503

2004

2005

2006

2007

2008

2009

291.6
3195.0
3486.6
0.0
0.0
30.0
30.0
3516.6

349.9
4457.9
4807.8
0.0
0.0
0.0
0.0
4807.8

454.9
4677.0
5131.9
0.0
0.0
3410.3
3410.3
8542.2

568.6
5133.4
5702.0
0.0
0.0
0.0
0.0
5702.0

710.8
10911.6
11622.4
0.0
0.0
0.0
0.0
11622.4

852.9
11217.5
12070.4
0.0
0.0
0.0
0.0
12070.4

3318.0
3308.7
9.3
3773.0
1738.6
8829.6
8837.7
8867.7
-8.1
90.0
-5519.7

7889.6
5480.6
2409.0
5022.9
2100.6
15013.1
13560.0
13560.0
1453.1
30.0
-5670.4

16654.5
8031.6
8622.9
5674.0
3523.8
25852.3
20554.2
23964.5
5298.1
4547.1
-3899.7

18141.4
8880.1
9261.3
7225.7
3852.6
29219.7
26485.9
26485.9
2733.8
0.0
-8344.5

32080.2
6802.3
18944.6
6802.3
13135.6
0.0
10226.5
29900.0
4844.9
4869.0
47151.6
41571.3
38458.9
32417.1
38458.9
32417.1
8692.7
9154.2
0.0
0.0
-6378.7 -25614.8

5871.4
3524.6
349.1
12354.2

6040.0
3354.7
339.3
18367.8

6266.9
3244.0
340.4
29096.3

6347.5
2968.1
340.4
32187.8

6663.7
2929.7
391.5
50081.3

6708.3
2916.2
126.8
44487.5

29512.2
26796.3
2715.9
28580.6
931.6
28865.5
787.3
11.7
775.6
433.4
284.9
0.0

47493.4
44118.2
3375.2
44944.2
2549.2
45491.9
2219.6
30.1
2189.5
926.9
116.6
58.3

70001.3
61488.3
8513.0
69429.6
571.7
69694.6
933.8
498.4
435.4
400.0
0.0
105.0

74316.6
66083.8
8232.8
73462.6
854.0
73756.6
560.0
234.3
325.7
476.5
227.4
142.2

93654.3
82828.7
10825.6
89646.4
4007.9
90100.6
4131.6
1244.4
2887.2
1054.1
568.6
142.2

77260.5
69188.2
8072.3
75342.1
1918.4
75710.1
2544.1
1471.5
1072.6
631.7
0.0
0.0

159.8
57.3
102.5

1291.2
1146.0
145.2

3734.4
35.4
3699.0

-2840.2
-378.2
-2462.0

5920.4
1264.5
4655.9

448.0
440.9
7.1

406.4
508.9

1485.3
1630.5

375.8
4074.8

-37.8
-2499.8

1656.0
6311.9

567.7
574.8

0.9
99.9
80.2
254.3
6.3
35.9
79.9
1195.7
97.8
1.5
0.0
13.0
55.9
10.8
22.2

0.0
110.7
95.2
282.0
11.9
88.8
91.1
1374.0
95.8
1.4
0.1
100.3
42.3
8.8
45.5

39.9
125.8
108.6
467.0
1.5
0.9
9.2
1128.1
99.6
53.4
0.7
11.0
91.9
6.7
8.5

0.0
110.3
95.8
464.5
1.0
13.3
1.5
1002.8
99.2
41.8
0.3
0.0
146.3
8.4
5.7

0.0
122.6
110.0
330.9
5.8
21.4
26.2
1635.1
96.2
30.1
1.3
0.0
36.5
9.8
24.8

0.0
128.2
113.2
268.6
2.4
98.4
98.8
1415.2
98.0
57.8
1.9
0.0
58.9
20.1
8.9

120.1
8.2
2.6
26.6
11.7
9.3
238.9
38.5
8.5
119.6

1082.8
2.4
4.6
62.6
36.1
9.6
258.6
135.3
60.9
137.4

0.0
0.0
0.6
9.6
0.8
10.1
240.6
-84.7
47.4
112.8

-66.3
4.0
0.4
5.7
-2.7
10.5
230.9
-40.6
6.2
100.3

322.4
4.9
3.1
40.6
25.8
13.2
187.0
612.3
26.0
163.5

0.0
0.0
1.4
12.6
5.2
4.3
173.7
-69.0
-17.5
141.5

Byco Petruleum (Bosicor Pakistan Limited.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

504

2004

2005

2006

2007

2008

2009

1750.5
-13.9
1736.6
0.0
291.0
1126.5
1417.5
3154.1

2450.7
105.1
2555.8
0.0
0.0
820.8
820.8
3376.6

2450.7
290.2
2740.9
0.0
535.7
464.9
1000.6
3741.5

2450.7
2583.9
5034.6
0.0
321.4
1130.2
1451.6
6486.2

3921.0
1168.6
5089.6
0.0
107.1
826.8
933.9
6023.5

3921.0
-6519.9
-2598.9
0.0
0.0
5432.1
5432.1
2833.2

81.2
81.2
0.0
1665.6
924.2
2671.0
1995.5
3413.0
675.5
1597.5
-1914.3

300.9
300.9
0.0
1483.0
1812.3
3596.2
3493.8
4314.6
102.4
1634.9
-3192.9

2189.8
2189.8
0.0
1281.4
3909.4
7380.6
7358.4
8359.0
22.2
1890.7
-5168.6

2088.9
7906.5
2078.4
1788.9
7906.5
2078.4
300.0
0.0
0.0
1574.7
3645.3
10266.9
5177.4
11934.2
4487.8
8841.0
23486.0
16833.1
8742.3
26027.4
28778.3
10193.9
26961.3
34210.4
98.7
-2541.4 -11945.2
2311.0
2539.4
7092.3
-6653.4 -18120.9 -26699.9

2488.2
2478.5
5.7
5149.5

3621.4
3274.2
337.5
6870.4

4390.6
3719.3
325.6
11099.9

7275.7
6387.5
219.9
15228.5

9698.6
8564.9
249.3
32050.9

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

11522.1
11522.1
0.0
11130.6
391.5
11236.2
288.7
106.3
182.4
50.0
0.0
0.0

21633.6
21201.3
432.3
21008.9
624.7
21147.5
587.0
285.6
301.4
89.6
0.0
0.0

23349.6
22435.6
914.0
23422.1
-72.5
23618.2
-222.5
405.6
-628.1
96.9
0.0
0.0

40092.1
44621.0
40092.1
39103.3
0.0
5517.7
37950.2
48530.1
2141.9 -3909.1
39597.9
53504.0
681.2
-8545.8
497.2
1781.4
184.0 -10327.2
179.0
55.2
0.0
0.0
0.0
0.0

0.0
-

222.5
132.4
90.1

364.9
211.8
153.1

2744.7
-725.0
3469.7

-462.7
5.0
-467.7

-3190.3
-10382.4
7192.1

5.7
-

469.9
560.0

537.4
690.5

-505.1
2964.6

254.3
-213.4

-9900.4
-2708.3

44.9
133.9
87.5
196.5
0.0
0.0
0.0
99.2
0.0
0.0

24.3
102.9
51.1
168.8
2.7
59.5
83.9
104.3
97.5
36.8
0.9
6.5
27.4
10.9
7.1

26.7
100.3
47.2
305.0
2.7
58.0
77.8
111.8
97.8
48.7
1.3
15.1
29.7
5.1
11.0

22.4
101.1
41.9
202.5
-4.1
-26.4
-17.0
205.4
101.2
-182.3
1.7
17.6
-15.4
4.6
-12.5

15.5
90.2
44.4
529.7
0.6
-1.1
-119.2
129.8
98.8
73.0
1.2
19.6
97.3
8.0
3.6

191.7
58.5
42.9
0.0
-32.7
325.4
365.6
-66.3
119.9
-20.8
4.0
25.1
-0.5
20.4
0.0

0.0
0.0
0.0
9.5
0.0
9.9

0.0
1.6
0.7
0.5
13.6
167.7
0.0
10.4

0.0
0.0
1.4
1.2
0.9
9.9
194.9
71.4
87.8
11.2

0.0
0.0
-2.7
-2.6
-3.0
5.9
153.3
-316.7
7.9
20.5

0.0
0.0
0.5
0.5
0.0
3.9
125.1
-119.2
71.7
13.0

0.0
0.0
-23.1
-26.3
-26.5
5.6
141.2
-5360.0
11.3
-6.6

16389.6
14778.6
482.0
31611.7

Generteck Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

505

2004

2005

2006

2007

2008

2009

198.0
68.4
266.4
0.0
0.0
257.0
257.0
523.4

198.0
-14.5
183.5
0.0
0.0
165.2
165.2
348.7

198.0
-163.6
34.4
0.0
0.0
111.7
111.7
146.1

198.0
-163.6
34.4
0.0
0.0
111.7
111.7
146.1

198.0
-349.6
-151.6
0.0
0.0
74.8
74.8
-76.8

198.0
-349.6
-151.6
0.0
0.0
74.8
74.8
-76.8

5.0
5.0
0.0
264.5
0.0
269.5
337.7
594.7
-68.2
532.1
-332.7

0.8
0.8
0.0
226.1
24.6
251.5
458.6
623.8
-207.1
525.9
-457.8

2.4
2.4
0.0
199.1
9.1
210.6
550.9
662.6
-340.3
515.5
-548.5

2.4
2.4
0.0
199.1
9.1
210.6
550.9
662.6
-340.3
515.5
-548.5

1.2
1.2
0.0
182.8
0.0
184.0
648.3
723.1
-464.3
485.4
-647.1

1.2
1.2
0.0
182.8
0.0
184.0
648.3
723.1
-464.3
485.4
-647.1

1141.4
591.5
58.9
861.0

609.9
555.8
53.3
807.3

1105.8
486.4
45.5
697.0

1105.8
486.4
45.5
697.0

1061.2
387.5
38.0
571.5

1061.2
387.5
38.0
571.5

663.9
663.9
0.0
595.8
68.1
611.7
53.9
38.8
15.1
0.0
0.0
0.0

597.1
597.1
0.0
626.2
-29.1
642.0
-42.3
40.7
-83.0
0.0
0.0
0.0

104.0
104.0
0.0
175.1
-71.1
182.1
-88.2
48.8
-137.0
0.0
0.0
0.0

104.0
104.0
0.0
175.1
-71.1
182.1
-88.2
48.8
-137.0
0.0
0.0
0.0

36.7
36.7
0.0
82.2
-45.5
91.7
-44.2
43.5
-87.7
0.0
0.0
0.0

36.7
36.7
0.0
82.2
-45.5
91.7
-44.2
43.5
-87.7
0.0
0.0
0.0

9.3
15.1
-5.8

-174.7
-83.0
-91.7

-202.6
-137.0
-65.6

0.0
-137.0
137.0

-222.9
-87.7
-135.2

0.0
-87.7
87.7

74.0
68.2

-29.7
-121.4

-91.5
-157.1

-91.5
45.5

-49.7
-184.9

-49.7
38.0

49.1
79.8
79.8
223.2
1.8
162.4
108.5
134.5
92.1
72.0
5.8
7.3
0.0
25.4
5.7

47.4
54.8
49.5
339.9
-10.3
92.7
107.5
6.8
7.7
28.0
-45.2

76.5
38.2
36.6
1926.2
-19.7
67.6
58.2
17.4
175.1
-55.3
46.9
9.5
0.0
144.1
-398.3

76.5
38.2
36.6
1926.2
-19.7
0.0
-201.1
17.4
175.1
-55.3
46.9
9.5
0.0
144.1
-398.3

0.0
28.4
28.4
0.0
-15.3
39.3
26.9
-76.6
249.9
-98.4
118.5
9.0
0.0
394.0
0.0

0.0
28.4
28.4
0.0
-15.3
0.0
-130.8
-76.6
249.9
-98.4
118.5
9.0
0.0
394.0
0.0

0.0
2.3
0.8
0.8
9.9
77.1
-128.6
6.0
13.5

0.0
-13.9
-4.2
-4.2
9.0
74.0
-625.0
-10.1
9.3

0.0
0.0
-131.7
-6.9
-6.9
8.2
14.9
64.3
-82.6
1.7

0.0
0.0
-131.7
-6.9
-6.9
8.2
14.9
0.0
0.0
1.7

0.0
0.0
-239.0
-4.4
-4.4
8.5
6.4
-36.2
-64.7
-7.7

0.0
0.0
-239.0
-4.4
-4.4
8.5
6.4
0.0
0.0
-7.7

Ideal Energy Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

506

2004

2005

2006

2007

2008

2009

80.0
173.2
253.2
0.0
0.0
0.0
0.0
253.2

80.0
165.0
245.0
0.0
0.0
0.0
0.0
245.0

80.0
141.6
221.6
0.0
0.0
0.0
0.0
221.6

80.0
132.8
212.8
0.0
0.0
0.0
0.0
212.8

80.0
116.8
196.8
0.0
0.0
0.0
0.0
196.8

80.0
98.6
178.6
0.0
0.0
0.0
0.0
178.6

15.1
15.1
0.0
142.7
10.9
168.7
67.3
67.3
101.4
34.3
-52.2

2.9
2.9
0.0
155.6
5.3
163.8
59.2
59.2
104.6
27.5
-56.3

2.2
2.2
0.0
84.5
5.5
92.2
8.9
8.9
83.3
0.0
-6.7

1.5
1.5
0.0
74.1
5.6
81.2
3.0
3.0
78.2
0.0
-1.5

3.3
3.3
0.0
63.7
6.4
73.4
7.1
7.1
66.3
0.0
-3.8

0.2
0.2
0.0
55.9
1.9
58.0
5.9
5.9
52.1
0.0
-5.7

354.6
151.8
16.6
320.5

358.8
140.4
15.5
304.2

360.1
138.3
4.4
230.5

360.7
134.6
4.2
215.8

360.4
130.5
4.1
203.9

357.9
126.5
3.9
184.5

247.2
247.2
0.0
217.8
29.4
222.3
24.9
0.9
24.0
0.0
1.6
0.0

208.3
208.3
0.0
211.1
-2.8
215.9
-7.6
0.2
-7.8
0.1
0.0
0.0

9.7
9.7
0.0
24.0
-14.3
26.9
-17.1
2.9
-20.0
0.0
0.0
0.0

7.2
7.2
0.0
13.3
-6.1
16.0
-8.8
0.1
-8.9
0.0
0.0
0.0

32.5
32.5
0.0
45.5
-13.0
48.5
-16.0
0.0
-16.0
0.0
0.0
0.0

21.8
21.8
0.0
36.9
-15.1
40.0
-18.2
0.0
-18.2
0.0
0.0
0.0

8.4
22.4
-14.0

-8.2
-7.9
-0.3

-23.4
-20.0
-3.4

-8.8
-8.9
0.1

-16.0
-16.0
0.0

-18.2
-18.2
0.0

39.0
25.0

7.6
7.3

-15.6
-19.0

-4.7
-4.6

-11.9
-11.9

-14.3
-14.3

0.0
250.7
234.5
26.6
7.5
266.7
156.0
316.5
89.9
3.6
0.4
2.6
0.0
46.6
9.5

0.0
276.7
267.7
24.2
-2.6
104.1
306.3
103.6
0.1
0.7
63.0
-3.2

0.0
1036.0
974.2
4.0
-8.7
85.5
82.1
277.0
277.3
-17.0
29.9
0.0
0.0
624.7
-9.0

0.0
2706.7
2520.0
1.4
-4.1
101.1
102.2
266.0
222.2
-1.1
1.4
0.0
0.0
695.8
-4.2

0.0
1033.8
943.7
3.6
-7.8
100.0
100.0
246.0
149.2
0.0
0.0
0.0
0.0
114.5
-8.1

0.0
983.1
950.8
3.3
-9.9
100.0
100.0
223.3
183.5
0.0
0.0
0.0
0.0
156.9
-10.2

1500.0
0.6
9.7
3.0
3.0
9.5
77.1
-23.1
-26.2
31.7

0.0
-3.7
-1.0
-1.0
10.2
68.5
-133.3
-15.7
30.6

0.0
0.0
-206.2
-2.5
-2.5
3.1
4.2
150.0
-95.3
27.7

0.0
0.0
-123.6
-1.1
-1.1
3.0
3.3
-56.0
-25.8
26.6

0.0
0.0
-49.2
-2.0
-2.0
3.0
15.9
81.8
351.4
24.6

0.0
0.0
-83.5
-2.3
-2.3
3.0
11.8
15.0
-32.9
22.3

Japan Power Generation Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

507

2004

2005

2006

2007

2008

2009

1332.0
-914.8
417.2
0.0
0.0
5308.9
5308.9
5726.1

1332.0
-994.9
337.1
0.0
0.0
4996.0
4996.0
5333.1

1332.0
-576.4
755.6
0.0
0.0
5194.5
5194.5
5950.1

1476.2
-937.2
539.0
0.0
0.0
5122.3
5122.3
5661.3

1476.2
-1015.7
460.5
0.0
0.0
5028.0
5028.0
5488.5

1560.4
-1692.4
-132.0
0.0
0.0
3957.3
3957.3
3825.3

6.1
6.1
0.0
324.2
56.0
386.3
587.7
5896.6
-201.4
5507.6
-581.6

4.9
4.9
0.0
455.7
70.0
530.6
900.7
5896.7
-370.1
5379.4
-895.8

4.0
4.0
0.0
917.5
208.9
1130.4
1187.6
6382.1
-57.2
5407.3
-1183.6

7.7
7.7
0.0
1146.5
93.2
1247.4
1336.1
6458.4
-88.7
5362.3
-1328.4

20.9
20.9
0.0
1447.8
131.7
1600.4
1627.7
6655.7
-27.3
5357.7
-1606.8

24.8
24.8
0.0
982.5
105.5
1112.8
2604.3
6561.6
-1491.5
4650.5
-2579.5

6916.3
5927.5
237.3
6313.8

6929.2
5703.2
237.8
6233.8

6912.6
6007.2
236.8
7137.6

7448.3
5749.9
253.4
6997.3

7465.5
5515.7
232.9
7116.1

7515.9
5316.8
236.3
6429.6

2019.9
2019.9
0.0
1636.0
383.9
1706.2
321.6
413.1
-91.5
1.3
0.0
0.0

2194.8
2194.8
0.0
1818.8
376.0
1881.0
321.3
411.2
-89.9
0.2
0.0
0.0

3517.0
3517.0
0.0
3155.5
361.5
3373.6
155.7
423.9
-268.2
0.3
0.0
0.0

4018.2
4018.2
0.0
3739.8
278.4
3768.9
262.9
479.3
-216.4
0.2
0.0
0.0

4499.1
4499.1
0.0
4214.1
285.0
4255.9
361.8
524.0
-162.2
0.6
0.0
0.0

3505.8
3505.8
0.0
3281.2
224.6
3352.2
168.2
760.2
-592.0
0.4
0.0
0.0

-79.1
-92.8
13.7

-393.0
-90.1
-302.9

617.0
-268.5
885.5

-288.8
-216.6
-72.2

-172.8
-162.8
-10.0

-1663.2
-592.4
-1070.8

144.5
158.2

147.7
-155.2

-31.7
853.8

36.8
-35.4

70.1
60.1

-356.1
-1426.9

92.7
65.7
56.2
1413.4
-1.4
91.3
31.3
84.5
128.5
20.5
7.5
7.6
-21.9

93.7
58.9
51.1
1749.2
-1.4
25.3
85.7
128.0
18.7
7.6
4.2
-26.7

87.3
95.2
77.6
844.6
-3.8
-43.5
-3.7
56.7
95.9
272.3
12.1
7.8
-0.1
15.4
-35.5

90.5
93.4
86.4
1198.2
-3.1
75.0
-104.0
36.5
93.8
182.3
11.9
8.9
-0.1
19.0
-40.1

91.6
98.3
90.2
1445.3
-2.3
94.2
116.6
31.2
94.6
144.8
11.6
9.8
-0.4
19.2
-35.2

103.5
42.7
38.7
0.0
-9.2
35.6
25.0
-8.5
95.6
452.0
21.7
16.3
-0.1
19.4
0.0

0.0
-4.5
-0.7
-0.7
3.9
32.0
-68.2
-11.1
3.1

0.0
-4.1
-0.7
-0.7
4.0
35.2
0.0
8.7
2.5

0.0
0.0
-7.6
-2.0
-2.0
4.2
49.3
185.7
60.2
5.7

0.0
0.0
-5.4
-1.5
-1.5
4.2
57.4
-25.0
14.3
3.7

0.0
0.0
-3.6
-1.1
-1.1
4.1
63.2
-26.7
12.0
3.1

0.0
0.0
-16.9
-3.8
-3.8
4.3
54.5
245.5
-22.1
-0.8

Karachi Electric Supply Corporation Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

508

30801.0
-3807.7
26993.3
0.0
0.0
21786.7
21786.7
48780.0

2005

2006

2007

2008

2009

46084.8
46084.8
46084.8
46084.8
46084.8
-7976.8 -16804.5 -28911.7 -45180.7 -51910.1
38108.0
29280.3
17173.1
904.1
-5825.3
0.0
0.0
4509.3
5983.4
5983.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1136.8
7994.6
17032.4
0.0
0.0
5646.1
13978.0
23015.8
38108.0
29280.3
22819.2
14882.1
17190.5

4599.5
2445.8
2725.2
4545.0
2434.4
1957.6
4544.0
2445.8
1834.7
3937.3
2334.1
1957.6
55.5
0.0
890.5
607.7
100.3
0.0
15463.1
15728.7
20734.2
17338.2
26704.1
46612.1
0.0
0.0
0.0
4668.1
0.0
0.0
20062.6
18174.5
23459.4
26551.3
29138.5
48569.7
13725.8
21930.9
36251.1
54501.9
78161.7 113573.1
35512.5
21930.9
36251.1
60148.0
92139.7 136588.9
6336.8 -3756.4 -12791.7 -27950.6 -49023.2 -65003.4
22104.1
0.0
3600.0
10528.5
14249.4
27329.8
-9126.3 -19485.1 -33525.9 -49956.9 -75727.3 -111615.5
79486.2
42443.2
3159.2
62505.8

81967.0
41864.3
3345.0
60038.8

85463.6
42072.0
3412.8
65531.4

86197.3 113657.6 134839.6

50769.7
63905.2
82193.9
3329.5
3507.8
2985.7
77321.0
93043.7 130763.6

36721.3
38603.2
41617.7
44859.5
49808.5
85224.1
36721.3
38603.2
41617.7
44859.5
49808.5
85224.1
0.0
0.0
0.0
0.0
0.0
0.0
41194.5
46978.0
52034.7
51960.7
51462.4
91826.6
-4473.2
-8374.8 -10417.0
-7101.2
-1653.9
-6602.5
45266.1
51696.9
58266.1
57391.5
66483.9
97540.6
1894.6 -11880.5
-6828.8 -10805.3 -13877.2
-9831.1
621.0
0.0
225.4
1152.1
1874.9
5619.8
1273.6 -11880.5
-7054.2 -11957.4 -15752.1 -15450.9
187.9
199.1
212.9
227.5
252.6
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
4910.8 -10672.0
1085.7 -12079.6
3825.1
1407.6

-8827.7
-7267.1
-1560.6

-6461.1
-7937.1
2308.4
-12184.9 -16004.7 -15450.9
5723.8
8067.6
17759.3

4244.9
8070.0

-8734.6
-7327.0

-3854.3
-5414.9

-8855.4
-3131.6

-12496.9
-4429.3

-12465.2
5294.1

44.7
146.2
146.2
131.6
2.0
22.1
52.6
87.6
123.3
32.8
1.7
2.8
14.8
24.1
4.7

0.0
82.9
82.9
57.5
-19.8
82.7
133.9
0.0
21.9
-31.2

0.0
64.7
64.7
123.8
-10.8
82.3
71.2
63.5
140.0
-3.3
0.5
6.3
-3.0
18.5
-24.1

24.7
48.7
40.2
350.2
-15.5
188.6
282.8
37.3
127.9
-10.7
2.6
10.9
-1.9
19.3
-69.6

93.9
37.3
37.3
10191.3
-16.9
201.6
282.1
2.0
133.5
-13.5
3.8
13.2
-1.6
24.9
-1742.3

133.9
42.8
42.8
0.0
-11.8
-669.3
-235.5
-12.6
114.5
-57.2
6.6
20.6
0.0
22.4
0.0

0.0
3.5
0.4
0.4
7.1
58.7
-115.4
3.1
8.8

0.0
-30.8
-1.0
-1.0
7.9
64.3
-350.0
0.0
8.3

0.0
0.0
-16.9
-1.5
-1.6
8.2
63.5
-42.3
7.8
6.4

0.0
0.0
-26.7
-2.6
-2.6
7.9
58.0
73.3
7.8
3.7

0.0
0.0
-31.6
-3.4
-3.5
6.9
53.5
30.8
11.0
0.2

0.0
0.0
-18.1
-3.4
-3.4
4.7
65.2
0.0
71.1
-1.3

Kohinoor Energy Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

509

2004

2005

2006

2007

2008

2009

1694.6
2764.1
4458.7
0.0
0.0
1274.9
1274.9
5733.6

1694.6
3122.0
4816.6
0.0
0.0
705.6
705.6
5522.2

1694.6
3797.2
5491.8
0.0
0.0
226.3
226.3
5718.1

1694.6
4629.2
6323.8
0.0
0.0
75.8
75.8
6399.6

1694.6
4861.8
6556.4
0.0
0.0
0.0
0.0
6556.4

1694.6
5005.1
6699.7
0.0
0.0
0.0
0.0
6699.7

1066.8
1066.8
0.0
674.2
121.1
1862.1
1120.9
2395.8
741.2
1862.3
-54.1

873.4
873.4
0.0
943.8
130.7
1947.9
1243.6
1949.2
704.3
1308.4
-370.2

628.9
628.9
0.0
1277.2
144.6
2050.7
1010.3
1236.6
1040.4
711.1
-381.4

398.0
398.0
0.0
1789.5
209.4
2396.9
787.4
863.2
1609.5
587.3
-389.4

139.3
139.3
0.0
2530.8
85.6
2755.7
792.5
792.5
1963.2
578.7
-653.2

664.1
664.1
0.0
1578.7
311.2
2554.0
217.8
217.8
2336.2
0.0
446.3

6893.0
4992.5
225.9
6854.6

6916.4
4818.0
226.1
6765.9

7004.4
4677.7
211.3
6728.4

7272.1
4790.1
227.8
7187.0

7393.2
4593.1
252.2
7348.8

7418.0
4363.4
256.5
6917.4

2477.4
2477.4
0.0
1406.1
1071.3
1514.6
1009.1
181.2
827.9
6.3
423.6
0.0

2918.6
2918.6
0.0
1879.0
1039.6
1986.1
974.8
161.5
813.3
7.9
423.6
0.0

5506.1
5506.1
0.0
4271.5
1234.6
4400.0
1151.3
128.3
1023.0
9.8
338.9
0.0

5333.1
5333.1
0.0
4180.6
1152.5
4410.8
943.7
100.0
843.7
7.1
254.2
0.0

7387.9
7387.9
0.0
6432.2
955.7
6664.4
744.0
84.3
659.7
659.7
338.9
0.0

8334.3
8334.3
0.0
7240.0
1094.3
7422.5
966.0
47.8
918.2
321.4
762.6
0.0

-168.6
398.0
-566.6

-211.4
381.8
-593.2

195.9
674.3
-478.4

681.5
582.4
99.1

156.8
-338.9
495.7

143.3
-165.8
309.1

623.9
57.3

607.9
14.7

885.6
407.2

810.2
909.3

-86.7
409.0

90.7
399.8

22.2
166.1
155.3
53.7
12.1
1088.8
263.1
61.1
18.0
7.3
9.7
0.8
11.3
18.6

12.8
156.6
146.1
40.5
12.0
4135.4
284.2
68.0
16.6
5.5
12.3
1.0
13.5
16.9

4.0
203.0
188.7
22.5
15.2
344.2
217.5
324.1
79.9
11.1
2.3
18.0
1.0
10.2
18.6

1.2
304.4
277.8
13.7
11.7
85.5
89.1
373.2
82.7
10.6
1.9
17.0
0.8
21.7
13.3

0.0
347.7
336.9
12.1
9.0
-216.1
-21.2
386.9
90.2
11.3
1.1
14.6
100.0
26.3
10.1

0.0
1172.6
1029.8
3.3
13.3
-115.7
22.7
395.4
89.1
4.9
0.6
0.0
35.0
11.6
13.7

194.0
9.5
33.4
4.9
4.8
4.4
36.1
16.7
-2.7
26.3

190.1
8.8
27.9
4.8
4.8
4.5
43.1
-2.0
17.8
28.4

299.0
6.2
18.6
6.0
6.0
4.4
81.8
25.0
88.7
32.4

329.1
4.0
15.8
5.0
4.9
4.9
74.2
-16.7
-3.1
37.3

0.0
5.2
8.9
3.9
0.0
5.3
100.5
-22.0
38.5
38.7

78.3
11.4
11.0
5.4
3.5
5.6
120.5
38.5
12.8
39.5

Kohinoor Power Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

510

2004

2005

2006

2007

2008

2009

120.0
279.7
399.7
0.0
0.0
51.3
51.3
451.0

120.0
254.2
374.2
0.0
0.0
0.0
0.0
374.2

120.0
149.0
269.0
0.0
0.0
0.0
0.0
269.0

120.0
201.4
321.4
0.0
0.0
250.0
250.0
571.4

120.0
225.4
345.4
0.0
0.0
0.0
0.0
345.4

126.0
257.7
383.7
0.0
0.0
5.3
5.3
389.0

0.5
0.5
0.0
475.0
4.3
479.8
293.5
344.8
186.3
244.6
-293.0

0.5
0.5
0.0
445.9
12.6
459.0
360.8
360.8
98.2
244.2
-360.3

0.7
0.7
0.0
381.9
10.9
393.5
405.7
405.7
-12.2
244.2
-405.0

0.6
0.6
0.0
325.3
7.3
333.2
21.7
271.7
311.5
251.5
-21.1

5.4
5.4
0.0
112.7
11.0
129.1
36.6
36.6
92.5
1.5
-31.2

1.8
1.8
0.0
132.8
31.5
166.1
27.4
32.7
138.7
8.4
-25.6

500.8
264.7
15.1
744.5

527.9
276.1
15.7
735.1

564.4
281.3
14.6
674.8

532.6
259.8
14.6
593.0

540.1
252.9
14.4
382.0

548.3
250.2
13.8
416.3

247.9
247.9
0.0
241.3
6.6
244.8
24.3
23.8
0.5
0.0
0.0
0.0

243.5
243.5
0.0
269.0
-25.5
273.8
-11.1
14.9
-26.0
0.0
0.0
0.0

278.1
278.1
0.0
382.7
-104.6
386.1
-96.6
4.6
-101.2
0.0
0.0
0.0

146.6
146.6
0.0
186.6
-40.0
190.8
-36.7
0.1
-36.8
0.0
0.0
0.0

405.6
405.6
0.0
375.8
29.8
382.1
24.1
1.2
22.9
0.0
0.0
6.0

737.6
737.6
0.0
690.3
47.3
699.9
38.5
0.2
38.3
0.0
0.0
0.0

-62.9
0.5
-63.4

-76.8
-26.0
-50.8

-105.2
-101.2
-4.0

302.4
-36.8
339.2

-226.0
22.9
-248.9

43.6
38.3
5.3

15.6
-47.8

-10.3
-61.1

-86.6
-90.6

-22.2
317.0

37.3
-211.6

52.1
57.4

11.4
163.5
162.0
86.3
0.1
333.1
98.7
97.9
9.6
9.7
0.0
117.7
0.1

0.0
127.2
123.7
96.4
-3.5
311.8
112.4
6.1
6.1
95.4
-6.9

0.0
97.0
94.3
150.8
-15.0
96.2
95.6
224.2
138.8
-4.8
1.7
1.9
0.0
51.5
-37.6

43.8
1535.5
1501.8
84.5
-6.2
-12.2
-7.0
267.8
130.2
-0.3
0.1
0.0
0.0
72.2
-11.4

0.0
352.7
322.7
10.6
6.0
-10.1
-17.6
287.8
94.2
5.0
0.3
80.0
0.0
15.8
6.6

1.4
606.2
491.2
8.5
9.2
87.8
90.8
304.5
94.9
0.5
0.0
2.4
0.0
11.5
10.0

0.0
0.2
0.0
0.0
5.4
33.3
-100.0
-38.0
33.3

0.0
-10.7
-2.2
-2.2
5.9
33.1
0.0
-1.8
31.2

0.0
0.0
-36.4
-8.4
-8.4
5.3
41.2
281.8
14.2
22.4

0.0
0.0
-25.1
-3.1
-3.1
5.2
24.7
-63.1
-47.3
26.8

0.0
0.0
5.6
1.9
1.9
5.5
106.2
-161.3
176.7
28.8

0.0
0.0
5.2
3.0
3.0
5.5
177.2
57.9
81.9
30.5

Kot Addu Power Co. Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

511

2005

2006

2007

2008

2009

8802.5
13742.5
22545.0
0.0
0.0
8853.8
8853.8
31398.8

8802.5
11319.1
20121.6
0.0
0.0
0.0
0.0
20121.6

8802.5
10058.2
18860.7
0.0
0.0
0.0
0.0
18860.7

8802.5
12523.1
21325.6
0.0
0.0
30.9
30.9
21356.5

8802.5
14277.4
23079.9
0.0
0.0
4.6
4.6
23084.5

3762.5
3762.5
0.0
6630.7
2621.8
13015.0
5330.9
14184.7
7684.1
10956.1
-1568.4

4366.1
209.0
179.4
400.4
4366.1
209.0
179.4
400.4
0.0
0.0
0.0
0.0
6025.9
15694.7
34737.6
39084.2
1129.7
1759.5
2191.6
1967.2
11521.7
17663.2
37108.6
41451.8
14155.9
20067.5
35605.6
36871.4
14155.9
20067.5
35636.5
36876.0
-2634.2
-2404.3
1503.0
4580.4
0.0
6431.3
23674.6
8631.1
-9789.8 -19858.5 -35426.2 -36471.0

37541.3
23714.7
1674.7
36729.7

38118.3
22755.9
1589.9
34277.6

38213.8
21265.2
1588.6
38928.4

38340.0
19853.5
1558.2
56962.1

38474.6
18504.1
1497.8
59955.9

29920.8
29920.8
0.0
20184.3
9736.5
20367.7
9895.3
1766.7
8128.6
41.0
3780.9
0.0

32833.4
32833.4
0.0
22998.3
9835.1
23199.2
10062.1
1465.5
8596.6
116.0
7130.1
0.0

37086.7
37086.7
0.0
28343.3
8743.4
28632.9
8911.1
1327.4
7583.7
2491.7
5281.5
0.0

55947.1
55947.1
0.0
46600.5
9346.6
46981.8
10267.6
2208.1
8059.5
2601.0
4797.4
0.0

69363.9
69363.9
0.0
58373.1
10990.8
59100.4
15133.0
6410.2
8722.8
2876.3
5677.6
0.0

- -11277.2
4306.7
1350.5
- -12627.7

-1260.9
-189.5
-1071.4

2495.8
661.1
1834.7

1728.0
168.9
1559.1

5981.4
-

2940.4
-9687.3

1399.1
327.7

2219.3
4054.0

1666.7
3225.8

28.2
244.1
195.0
62.9
22.1
0.0
0.0
256.1
68.1
17.9
5.9
16.1
0.5
7.8
36.1

0.0
81.4
73.4
70.4
25.1
-12.0
-30.4
228.6
70.7
14.6
4.5
0.0
1.3
9.5
42.7

0.0
88.0
79.3
106.4
19.5
15.0
426.9
214.3
77.2
14.9
3.6
20.6
32.9
31.2
40.2

0.1
104.2
98.1
167.1
14.1
26.5
54.7
242.3
84.0
21.5
3.9
9.3
32.3
52.4
37.8

0.0
112.4
107.1
159.8
14.5
9.8
51.7
262.2
85.2
42.4
9.2
74.3
33.0
47.2
37.8

213.9
16.8
27.2
9.2
9.2
6.9
81.5
820.0
25.6

118.9
35.4
26.2
9.8
9.6
6.7
95.8
6.5
9.7
22.9

96.4
28.0
20.4
8.6
5.8
7.0
95.3
-12.2
13.0
21.4

113.8
22.5
14.4
9.2
6.2
7.3
98.2
7.0
50.9
24.2

103.0
24.6
12.6
9.9
6.6
7.6
115.7
7.6
24.0
26.2

Mari Gas Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

512

2004

2005

2006

2007

2008

2009

367.5
2129.5
2497.0
0.0
0.0
560.5
560.5
3057.5

367.5
1111.6
1479.1
0.0
0.0
336.3
336.3
1815.4

367.5
2244.8
2612.3
0.0
0.0
112.1
112.1
2724.4

367.5
2811.7
3179.2
0.0
0.0
0.0
0.0
3179.2

367.5
2519.1
2886.6
0.0
0.0
500.0
500.0
3386.6

367.5
-2011.0
-1643.5
0.0
0.0
1200.0
1200.0
-443.5

2083.6
2083.6
0.0
1243.4
0.0
3327.0
4001.4
4561.9
-674.4
784.7
-1917.8

2940.0
2940.0
0.0
1263.1
0.0
4203.1
4822.0
5158.3
-618.9
560.5
-1882.0

3165.3
3165.3
0.0
1657.3
0.0
4822.6
5423.2
5535.3
-600.6
336.2
-2257.9

2829.2
2829.2
0.0
2342.9
0.0
5172.1
5423.2
5423.2
-251.1
112.1
-2594.0

5974.3
3731.9
363.8
7058.9

4824.8
2434.3
332.2
6637.4

6217.4
3325.0
386.6
8147.6

6665.2
3430.3
378.8
8602.4

4861.4
3458.2
137.0
9278.5

9013.1
4879.9
137.0
15848.8

14257.3
14257.3
0.0
11839.5
2417.8
13333.0
975.2
38.3
936.9
267.5
110.8
0.0

15937.1
15937.1
0.0
13579.9
2357.2
15345.3
714.4
36.4
678.0
472.8
112.0
0.0

19651.9
19651.9
0.0
17191.7
2460.2
19371.3
646.8
44.3
602.5
516.5
113.9
0.0

22211.1
22211.1
0.0
18993.7
3217.4
21101.7
1546.1
163.9
1382.2
902.2
118.3
0.0

21566.3
21566.3
0.0
15706.3
5860.0
17795.8
4148.2
187.9
3960.3
1560.8
119.1
0.0

5789.2
5789.2
0.0
3243.4
2545.8
3406.0
2715.7
321.1
2394.6
488.5
118.2
367.5

-1045.1
558.6
-1603.7

-1242.1
93.2
-1335.3

909.0
-27.9
936.9

454.8
361.7
93.1

207.4
2280.4
-2073.0

-3830.1
1787.9
-5618.0

922.4
-681.3

425.4
-909.9

358.7
1295.6

740.5
833.6

2417.4
344.4

1924.9
-3693.1

18.3
83.1
83.1
182.7
13.3
679.5
93.5
3.9
0.3
4.9
28.6
6.0
37.5

18.5
87.2
87.2
348.7
10.2
402.5
96.3
5.1
0.2
6.5
69.7
6.0
45.8

4.1
88.9
88.9
211.9
7.4
-3.1
27.7
710.8
98.6
6.8
0.2
13.2
85.7
6.2
23.1

0.0
95.4
95.4
170.6
16.1
79.5
88.8
865.1
95.0
10.6
0.7
146.2
65.3
6.6
43.5

14.8
98.8
98.8
221.4
42.7
1099.5
701.9
785.5
82.5
4.5
0.9
37.6
39.4
11.0
137.2

0.0
67.3
67.3
0.0
15.1
-46.7
-52.1
-447.2
58.8
11.8
5.5
26.8
20.4
124.2
0.0

604.2
4.4
6.6
25.5
18.2
10.2
202.0
13.3
14.2
67.9

183.2
7.6
4.3
18.4
5.6
13.5
240.1
-27.8
11.8
40.2

75.5
4.4
3.1
16.4
2.3
10.6
241.2
-10.9
23.3
71.1

405.7
3.7
6.2
37.6
13.1
11.4
258.2
129.3
13.0
86.5

2014.7
4.1
18.4
107.8
65.3
8.7
232.4
186.7
-2.9
78.5

1612.6
0.0
41.4
65.2
51.9
4.0
36.5
-39.5
-73.2
-44.7

2214.6
1694.6
2214.6
1694.6
0.0
0.0
3605.7
9274.3
0.0
0.0
5820.3
10968.9
5891.9
16292.3
6391.9
17492.3
-71.6
-5323.4
500.0
1200.0
-3677.3 -14597.7

National Refinery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

513

2004

2005

2006

2007

2008

2009

666.4
4444.0
5110.4
0.0
0.0
0.0
0.0
5110.4

666.4
6252.5
6918.9
0.0
0.0
0.0
0.0
6918.9

666.4
8699.7
9366.1
0.0
0.0
0.0
0.0
9366.1

666.4
12061.9
12728.3
0.0
0.0
0.0
0.0
12728.3

799.7
16607.5
17407.2
0.0
0.0
0.0
0.0
17407.2

799.7
16547.2
17346.9
0.0
0.0
0.0
0.0
17346.9

1714.8
1714.8
0.0
9945.8
3639.9
15300.5
11773.1
11773.1
3527.4
259.7
-10058.3

7844.2
7844.2
0.0
5849.9
3205.9
16900.0
11492.3
11492.3
5407.7
0.0
-3648.1

7761.1
7761.1
0.0
8388.9
6475.2
22625.2
15545.8
15545.8
7079.4
0.0
-7784.7

11492.2
16737.5
7997.7
11492.2
13122.1
7800.1
0.0
3615.4
197.6
11100.5
13965.6
19070.5
7687.4
13288.3
12251.2
30280.1
43991.4
39319.4
19895.2
29185.6
24991.9
19895.2
29185.6
24991.9
10384.9
14805.8
14327.5
0.0
0.0
0.0
-8403.0 -12448.1 -16994.2

6210.3
1583.0
148.2
16883.5

6294.0
1511.3
157.6
18411.3

7167.4
2286.8
177.2
24912.0

7416.8
2343.4
195.8
32623.5

46265.6
41511.2
4754.4
43309.1
2956.5
44111.6
2783.1
18.6
2764.5
982.4
833.0
0.0

69141.5
60000.3
9141.2
65305.5
3836.0
66254.5
3307.9
13.2
3294.7
1279.9
999.6
0.0

96635.0 109146.0 146233.2 109578.3

84005.9
92926.2 124753.7
96153.1
12629.1
16219.8
21479.5
13425.2
91636.2 102882.2 135552.5 104304.9
4998.8
6263.8
10680.7
5273.4
92700.5 104037.4 137474.7 105735.7
5272.0
6101.3
10162.9
5207.7
9.9
6.6
1331.7
2394.4
5262.1
6094.7
8831.2
2813.3
1745.6
2003.1
2917.2
1024.3
1066.2
133.3
159.9
999.6
0.0
133.3
0.0
0.0

1032.5
949.1
83.4

1808.5
1015.2
793.3

2447.2
2450.3
-3.1

3362.2
3958.3
-596.1

4678.9
5754.1
-1075.2

-60.3
789.4
-849.7

1097.3
1180.7

1172.8
1966.1

2627.5
2624.4

4154.1
3558.0

5993.3
4918.1

1017.7
168.0

0.0
130.0
99.0
230.4
16.4
91.9
92.9
766.9
95.3
0.7
0.0
7.2
35.5
5.2
54.1

0.0
147.1
119.2
166.1
17.9
56.1
59.7
1038.3
95.8
0.4
0.0
38.8
2.4
47.6

0.0
145.5
103.9
166.0
21.1
100.1
100.1
1405.5
95.9
0.2
0.0
0.0
33.2
5.5
56.2

0.0
152.2
113.6
156.3
18.7
117.7
116.8
1910.0
95.3
0.1
0.0
0.0
32.9
5.6
47.9

0.0
150.7
105.2
167.7
19.0
123.0
121.9
2176.7
94.0
13.1
0.9
0.0
33.0
7.0
50.7

0.0
157.3
108.3
144.1
6.6
-1309.1
605.8
2169.2
96.5
46.0
2.2
0.0
36.4
13.5
16.2

213.9
16.3
6.0
41.5
26.7
10.5
274.0
49.8
12.0
76.7

201.6
14.4
4.8
49.4
30.2
12.3
375.5
19.0
49.4
103.8

329.8
11.4
5.4
79.0
52.8
8.4
387.9
59.9
39.8
140.5

3069.5
1.0
5.6
91.5
61.4
8.6
334.6
15.8
12.9
191.0

3698.6
0.9
6.0
110.4
74.0
10.2
313.9
20.7
34.0
217.7

179.0
5.8
2.6
35.2
22.4
8.8
258.8
-68.1
-25.1
216.9

7907.2
2601.3
239.2
46592.7

8547.1
3019.3
228.3
42338.7

Oil & Gas Development Company Ltd. (OGDC)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

514

2004

2005

2006

2007

2008

2009

43009.3
30109.5
73118.8
0.0
0.0
0.0
0.0
73118.8

43009.3
41544.5
84553.8
0.0
0.0
0.0
0.0
84553.8

43009.3
49209.9
92219.2
0.0
0.0
0.0
0.0
92219.2

43009.3
28857.4
71866.7
0.0
0.0
0.0
0.0
71866.7

26435.1
25307.4
1127.7
21689.1
8086.0
56210.2
22807.5
22807.5
33402.7
0.0
3627.6

40236.3
37799.2
2437.1
31059.6
32.4
71328.3
30025.2
30025.2
41303.1
0.0
10211.1

35126.6
7666.2
9890.1
6876.9
1186.9
4720.3
6715.0
3973.8
33939.7
2945.9
3175.1
2903.1
41664.5
64862.3
72820.3 142525.0
65.6
93.8
151.8
108.3
76856.7
72622.3
82862.2 149510.2
26544.4
28721.5
41197.0
51821.0
26544.4
28721.5
41197.0
51821.0
50312.3
43900.8
41665.2
97689.2
0.0
0.0
0.0
0.0
8582.2 -21055.3 -31306.9 -44944.1

43009.3
43009.3
29554.1
83162.1
72563.4 126171.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
72563.4 126171.4

75630.6
84532.1
89009.1
59039.5
64653.2
68637.6
39716.1
43250.6
41906.8
27965.9
30898.2
28482.2
4654.5
5459.4
5955.2
3234.5
3354.1
3807.9
95926.3 114578.9 118763.5 100588.2 113760.4 177992.4
51326.3
51326.3
0.0
16243.8
35082.5
22086.6
30553.9
38.5
30515.4
7364.5
17203.7
0.0

86056.7 113384.4 117134.4 139626.3 130829.6

86056.7 113384.4 117134.4 139626.3 130829.6
0.0
0.0
0.0
0.0
0.0
35605.5
47458.8
47593.1
52124.1
39352.0
50451.2
65925.6
69541.3
87502.2
91477.6
39008.8
52016.0
59877.6
64373.0
52403.9
49026.1
65767.2
61287.3
78844.2
81854.0
6.0
10.0
532.7
536.8
926.0
49020.1
65757.2
60754.6
78307.4
80928.0
13414.4
19073.9
14616.0
21039.8
16799.1
25805.6
38708.4
38708.4
40858.8
35482.7
0.0
0.0
0.0
0.0
0.0

5947.2
-

11435.0
9800.1
1634.9

7665.4 -20352.5
696.7
7974.9
7430.2
16408.8
-309.5 -27782.7 -15712.1

10601.7
-

15259.5
16894.4

0.0
246.5
211.0
31.2
31.8
0.0
0.0
170.0
43.0
0.1
0.1
24.1
25.6
41.7

0.0
237.6
237.5
35.5
42.8
85.7
90.3
196.6
45.3
0.0
0.0
27.4
21.5
58.0

0.0
289.5
289.3
28.8
55.4
104.0
102.3
214.4
45.9
0.0
0.0
0.0
29.0
21.6
71.3

134.6
23.5
59.5
7.1
5.4
12.4
53.5
17.0

138.0
30.5
57.0
11.4
8.3
13.7
75.1
60.6
67.7
19.7

120.6
42.0
58.0
15.3
10.9
14.2
95.5
34.2
31.8
21.4

13930.1
10664.7
13620.6 -17118.0

53608.0
28646.2
24961.8

19762.9
4050.8

32454.1
57415.9

0.0
252.8
252.5
40.0
60.4
-36.5
-62.3
167.1
51.1
0.9
0.5
0.0
24.1
23.8
84.5

0.0
201.1
200.8
56.8
68.8
2355.2
487.9
168.7
46.1
0.7
0.4
0.0
26.9
29.1
107.9

0.0
288.5
288.3
41.1
45.5
53.4
56.5
293.4
40.1
1.1
0.7
0.0
20.8
42.9
64.1

119.2
53.9
51.9
14.1
10.7
13.1
116.4
-7.8
3.3
16.7

140.2
56.3
56.1
18.2
13.3
12.0
122.7
29.1
19.2
16.9

180.7
28.1
61.9
18.8
14.9
16.4
73.5
3.3
-6.3
29.3

Pakistan Oilfields Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

515

2004

2005

2006

2007

2008

2009

1314.1
6182.7
7496.8
0.0
0.0
0.0
0.0
7496.8

1314.1
9969.3
11283.4
0.0
0.0
0.0
0.0
11283.4

1971.2
12653.3
14624.5
0.0
0.0
1620.0
1620.0
16244.5

1971.2
17505.0
19476.2
0.0
0.0
0.0
0.0
19476.2

1971.2
23398.7
25369.9
0.0
0.0
0.0
0.0
25369.9

2365.5
23569.0
25934.5
0.0
0.0
0.0
0.0
25934.5

5946.8
5062.5
884.3
1917.5
20.7
7885.0
5206.6
5206.6
2678.4
0.0
740.2

7916.5
5240.2
2676.3
2063.8
30.2
10010.5
4556.5
4556.5
5454.0
0.0
3360.0

12259.0
3923.8
8335.2
4418.9
62.8
16740.7
6996.8
8616.8
9743.9
2700.0
5262.2

11908.0
3173.3
8734.7
4889.9
69.2
16867.1
5544.2
5544.2
11322.9
0.0
6363.8

17639.6
7424.7
10214.9
4811.5
57.6
22508.7
7498.1
7498.1
15010.6
0.0
10141.5

13719.5
3945.7
9773.8
16903.2
89.4
30712.1
8790.2
8790.2
21921.9
0.0
4929.3

6710.6
4818.5
179.1
12703.5

7896.7
5829.5
203.2
15840.0

6928.6
6500.5
230.8
23241.2

10712.6
8153.3
285.2
25020.4

13015.4
10359.2
580.6
32867.9

7139.4
4012.5
406.1
34724.6

7753.8
7753.8
0.0
4732.4
3021.4
5005.9
3361.1
0.0
3361.1
859.0
1642.7
0.0

10081.0
10081.0
0.0
4690.0
5391.0
5739.9
4951.7
15.0
4936.7
896.0
1642.7
0.0

17732.1
17732.1
0.0
9143.4
8588.7
9763.8
8505.6
377.0
8128.6
2011.9
2956.8
985.6

16331.1
16331.1
0.0
7794.6
8536.5
8795.7
8448.6
226.0
8222.6
1457.0
2956.8
0.0

18722.4
18722.4
0.0
8087.5
10634.9
9824.2
9965.7
389.4
9576.3
2479.2
3153.9
394.2

14046.8
14046.8
0.0
5754.5
8292.3
8391.5
7697.2
512.4
7184.8
531.5
4257.8
0.0

-298.2
859.4
-1157.6

3786.6
2398.0
1388.6

4961.1
3159.9
1801.2

3231.7
3808.8
-577.1

5893.7
3943.2
1950.5

564.6
2395.5
-1830.9

1038.5
-119.1

2601.2
3989.8

3390.7
5191.9

4094.0
3516.9

4523.8
6474.3

2801.6
970.7

0.0
151.4
151.0
69.5
26.5
570.5
64.6
0.0
0.0
25.6
9.9
44.8

0.0
219.7
219.0
40.4
31.2
63.3
65.2
858.6
56.9
0.3
0.1
18.1
10.7
43.8

10.0
239.3
238.4
58.9
35.0
63.7
65.3
741.9
55.1
4.4
2.1
14.0
24.8
14.0
55.6

0.0
304.2
303.0
28.5
32.9
117.9
116.4
988.0
53.9
2.7
1.4
0.0
17.7
14.4
42.2

0.0
300.2
299.4
29.6
29.1
66.9
69.9
1287.0
52.5
3.9
2.1
0.0
25.9
9.6
37.7

0.0
349.4
348.4
33.9
20.7
424.3
288.6
1096.4
59.7
6.7
3.6
0.0
7.4
13.0
27.7

152.3
21.9
43.3
25.6
19.0
3.8
61.0
-41.1
1.1
57.0

246.0
14.6
49.0
37.6
30.7
4.3
63.6
46.9
30.0
85.9

206.9
20.2
45.8
41.2
31.0
4.0
76.3
9.6
75.9
74.2

228.8
15.2
50.3
41.7
34.3
4.4
65.3
1.2
-7.9
98.8

225.0
12.4
51.1
48.6
36.0
6.8
57.0
16.5
14.6
128.7

156.3
16.4
51.1
30.4
28.1
15.4
40.5
-37.4
-25.0
109.6

Pakistan Petroleum Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

516

2005

2006

2007

2008

2009

6858.4
16782.6
23641.0
0.0
0.0
62.0
62.0
23703.0

6858.2
23965.6
30823.8
0.2
0.0
79.3
79.5
30903.3

6858.4
33089.4
39947.8
0.0
0.0
69.2
69.2
40017.0

7544.2
35929.2
43473.4
0.0
0.0
77.6
77.6
43551.0

8298.6
54760.0
63058.6
0.0
0.0
100.1
100.1
63158.7

11317.4
10665.6
651.8
9199.7
0.0
20517.1
8013.2
8075.2
12503.9
99.2
3304.2

17635.3
17326.9
308.4
10561.2
0.0
28196.5
10056.1
10135.6
18140.4
123.5
7579.2

22980.7
787.4
22193.3
10536.7
1474.7
34992.1
10201.9
10271.1
24790.2
119.9
12778.8

23844.4
1094.9
22749.5
15810.9
0.0
39655.3
17291.4
17369.0
22363.9
122.4
6553.0

16480.4
1384.4
15096.0
31672.3
0.0
48152.7
19757.4
19857.5
28395.3
146.0
-3277.0

19382.9
11199.1
1358.8
31716.2

23787.8
12763.0
1471.4
40959.5

24213.1
15226.8
1636.3
50218.9

35853.6
21187.2
2147.6
60842.5

51395.0
34763.5
2308.7
82916.2

32815.9
32815.9
0.0
19146.6
13669.3
19897.7
13494.2
19.2
13475.0
4796.2
3772.0
0.0

43565.3
43565.3
0.0
23724.4
19840.9
24851.6
20219.7
30.1
20189.6
6436.5
3772.1
0.0

51079.7
51079.7
0.0
26538.4
24541.3
29138.5
24406.2
49.4
24356.8
8015.1
3086.3
685.8

57884.7
57884.7
0.0
28378.3
29506.4
30463.7
30513.1
66.6
30446.5
9366.7
11693.5
754.4

61580.1
61580.1
0.0
20624.5
40955.6
23727.8
42002.0
93.6
41908.4
14082.2
10788.2
1659.7

4906.8
-

7200.3
9981.0
-2780.7

9113.7
13255.4
-4141.7

3534.0
9386.3
-5852.3

19607.7
17038.0
2569.7

6265.6
-

11452.4
8671.7

14891.7
10750.0

11533.9
5681.6

19346.7
21916.4

0.3
256.0
256.0
34.2
42.5
0.0
0.0
344.7
60.6
0.1
0.1
19.4
35.6
14.0
57.0

0.3
280.4
280.4
32.9
49.3
138.6
132.1
449.4
57.0
0.1
0.1
24.4
31.9
15.9
65.5

0.2
343.0
328.5
25.7
48.5
145.4
138.5
582.5
57.0
0.2
0.1
41.2
32.9
17.6
61.0

0.2
229.3
229.3
40.0
50.0
265.6
203.0
576.2
52.6
0.2
0.1
54.4
30.8
22.9
70.0

0.2
243.7
243.7
31.5
50.5
86.9
88.3
759.9
38.5
0.2
0.2
64.1
33.6
45.1
66.5

230.1
16.0
41.1
19.6
12.7
13.9
103.5
1860.0
34.5

364.6
12.2
46.3
29.4
20.1
13.1
106.4
50.0
32.8
44.9

529.5
7.7
47.7
35.5
23.8
12.8
101.7
20.7
17.2
58.2

180.3
26.9
52.6
40.4
27.9
14.1
95.1
13.8
13.3
57.6

257.9
17.1
68.1
50.5
33.5
10.9
74.3
25.0
6.4
76.0

Pakistan Refinery Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

517

2004

2005

2006

2007

2008

2009

200.0
1387.4
1587.4
0.0
0.0
0.0
0.0
1587.4

200.0
3097.9
3297.9
0.0
0.0
0.0
0.0
3297.9

250.0
4301.5
4551.5
0.0
0.0
0.0
0.0
4551.5

300.0
4483.7
4783.7
0.0
0.0
0.0
0.0
4783.7

350.0
6441.8
6791.8
0.0
0.0
0.0
0.0
6791.8

350.0
1822.6
2172.6
0.0
0.0
0.0
0.0
2172.6

5.2
4.3
0.9
3090.5
2441.4
5537.1
4601.7
4601.7
935.4
692.8
-4596.5

249.6
248.7
0.9
4656.1
2040.9
6946.6
4358.5
4358.5
2588.1
0.2
-4108.9

2413.7
2363.1
50.6
4930.3
3843.6
11187.6
7452.9
7452.9
3734.7
29.1
-5039.2

1954.1
2704.7
3967.1
1698.3
2646.1
3909.8
255.8
58.6
57.3
6672.5
10975.4
17889.6
5107.8
9102.1
8367.3
13734.4
22782.2
30224.0
9881.5
16966.2
30387.5
9881.5
16966.2
30387.5
3852.9
5816.0
-163.5
0.0
0.0
4105.9
-7927.4 -14261.5 -26420.4

0.0
652.0
0.0
6189.1

1275.9
709.8
83.2
7656.4

1600.6
816.7
110.1
12004.3

1841.6
930.7
132.1
14665.1

2030.5
975.8
143.8
23758.0

3512.2
2336.1
130.8
32560.1

28670.4
28670.4
0.0
27357.3
1313.1
27593.1
1149.1
18.3
1130.8
0.0
100.0
0.0

44442.1
44442.1
0.0
41505.3
2936.8
41882.1
2630.3
30.0
2600.3
878.5
100.0
0.0

71991.2
71991.2
0.0
69589.7
2401.5
69980.9
2104.5
41.0
2063.5
726.6
0.0
112.5

67385.9
67385.9
0.0
66610.0
775.9
66880.7
585.9
81.7
504.2
288.4
99.0
0.0

107300.8
107300.8
0.0
102969.0
4331.8
104048.7
3507.7
253.0
3254.7
1153.2
0.0
50.1

76861.1
76861.1
0.0
79874.2
-3013.1
80162.8
-3023.9
2477.5
-5501.4
85.9
0.0
0.0

632.2
1030.8
-398.6

1710.5
1621.8
88.7

1253.6
1336.9
-83.3

232.2
116.8
115.4

2008.1
2101.5
-93.4

-4619.2
-5587.3
968.1

1030.8
632.2

1705.0
1793.7

1447.0
1363.7

248.9
364.3

2245.3
2151.9

-5456.5
-4488.4

0.0
120.3
67.3
289.9
18.3
163.0
163.0
793.7
96.2
1.6
0.1
2.6
0.0
8.5
71.2

0.0
159.4
112.6
132.2
34.0
94.8
95.1
1649.0
94.2
1.1
0.1
15000.0
33.8
8.8
78.8

0.0
150.1
98.5
163.7
17.2
106.6
106.1
1820.6
97.2
1.9
0.1
140.9
35.2
5.1
45.3

0.0
139.0
87.3
206.6
3.4
50.3
68.3
1594.6
99.3
13.9
0.1
0.0
57.2
7.1
10.5

0.0
134.3
80.6
249.8
13.7
104.7
104.3
1940.5
97.0
7.2
0.2
0.0
35.4
9.7
47.9

0.0
99.5
71.9
1398.7
-16.9
121.0
121.6
620.7
104.3
-81.9
3.2
60.3
-1.6
18.8
-253.2

1130.8
6.3
3.9
56.5
56.5
0.0
463.2
-8.4
0.5
79.4

1721.8
3.0
5.9
130.0
86.1
12.8
580.5
130.1
55.0
164.9

0.0
0.0
2.9
82.5
53.5
15.5
599.7
-36.5
62.0
182.1

218.0
2.1
0.7
16.8
7.2
16.2
459.5
-79.6
-6.4
159.5

0.0
0.0
3.0
93.0
60.0
15.5
451.6
453.6
59.2
194.1

0.0
0.0
-7.2
-157.2
-159.6
13.4
236.1
-269.0
-28.4
62.1

Pakistan State Oil Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

518

2004

2005

2006

2007

2008

2009

1715.2
13350.5
15065.7
0.0
0.0
0.0
0.0
15065.7

1715.2
16776.7
18491.9
0.0
0.0
0.0
0.0
18491.9

1715.2
18943.1
20658.3
0.0
0.0
0.0
0.0
20658.3

1715.2
19097.8
20813.0
0.0
0.0
0.0
0.0
20813.0

1715.2
29144.4
30859.6
0.0
0.0
0.0
0.0
30859.6

1715.2
19086.7
20801.9
0.0
0.0
0.0
0.0
20801.9

3479.3
4006.4
5177.9
4512.9
5719.7
5036.6
1583.1
1921.9
1898.9
1522.3
3018.6
2883.1
1896.2
2084.5
3279.0
2990.6
2701.1
2153.5
16220.7
19232.7
29182.8
32523.9
51464.2 100630.9
14970.6
20583.3
28168.6
29562.1
62360.1
40698.2
34670.6
43822.4
62529.3
66598.9 119544.0 146365.7
27225.7
33442.0
49355.4
53798.1
96145.0 132550.8
27225.7
33442.0
49355.4
53798.1
96145.0 132550.8
7444.9
10380.4
13173.9
12800.8
23399.0
13814.9
4944.4
4811.6
7648.9
9064.8
10997.9
18654.5
-23746.4 -29435.6 -44177.5 -49285.2 -90425.3 -127514.2
12890.8
7620.8
791.3
42291.4

14329.3
8111.5
973.6
51933.9

13668.2
7484.4
1046.8
70013.7

16244.0
16774.6
17391.4
8012.3
7460.5
6987.0
1098.2
1119.1
1141.7
74611.2 127004.5 153352.7

195109.7
195109.7
0.0
185939.1
9170.6
189014.2
6452.2
189.1
6263.1
2030.0
3001.6
0.0

254363.0
254363.0
0.0
240616.7
13746.3
246060.3
9597.0
370.7
9226.3
3236.9
4030.7
0.0

353833.3
353833.3
0.0
336626.1
17207.2
343727.7
12538.2
884.2
11654.0
4335.7
5831.6
0.0

411990.0
411990.0
0.0
399730.5
12259.5
405743.3
8280.2
1158.1
7122.1
2483.7
3601.9
0.0

1222.2
1231.5
-9.3

3426.2
1958.7
1467.5

2166.4
1486.7
679.7

154.7
1036.5
-881.8

10046.6 -10057.7
9954.1 -12867.8
92.5
2810.1

2022.8
2013.5

2932.3
4399.8

2533.5
3213.2

2134.7
1252.9

11073.2 -11726.1
11165.7 -8916.0

0.0
127.3
72.4
180.7
14.8
100.8
100.5
878.4
96.9
2.9
0.1
3.8
32.4
3.0
41.6

0.0
131.0
69.5
180.8
17.8
57.2
66.6
1078.1
96.7
3.9
0.1
7.7
35.1
2.7
49.9

0.0
126.7
69.6
238.9
16.6
68.6
78.8
1204.4
97.1
7.1
0.2
11.6
37.2
3.3
56.4

0.0
123.8
68.8
258.5
9.5
670.0
170.4
1213.4
98.5
14.0
0.3
12.8
34.9
3.3
34.2

0.0
124.3
59.5
311.6
16.8
99.1
99.2
1799.2
96.4
6.0
0.2
12.4
34.6
5.8
69.3

0.0
110.4
79.7
637.2
-7.7
127.9
131.5
1212.8
101.3
-111.8
1.0
33.4
-1.7
13.1
-56.8

141.0
19.9
3.2
36.5
24.7
12.5
461.3
0.8
-5.5
87.8

148.6
21.8
3.6
53.8
34.9
12.8
489.8
47.4
30.4
107.8

125.5
28.2
3.3
67.9
42.7
12.9
505.4
26.2
39.1
120.4

128.8
17.3
1.7
41.5
27.0
14.6
552.2
-38.9
16.4
121.3

347.0
13.1
3.7
124.6
81.5
14.0
459.2
200.2
41.6
179.9

-1400.4
4.1
-1.9
-68.8
-70.0
15.3
399.5
-155.2
5.1
121.3

583214.0
583214.0
0.0
553190.3
30023.7
562473.3
22745.4
1367.9
21377.5
7392.7
4030.7
0.0

612695.6
612695.6
0.0
609685.5
3010.1
620500.6
-5576.6
6232.1
-11808.7
201.5
857.6
0.0

S.G. Power Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

519

2004

2005

2006

2007

2008

2009

178.3
159.5
337.8
0.0
0.0
0.0
0.0
337.8

178.3
174.1
352.4
0.0
0.0
0.0
0.0
352.4

178.3
138.4
316.7
0.0
0.0
0.0
0.0
316.7

178.3
124.0
302.3
0.0
0.0
0.0
0.0
302.3

178.3
104.1
282.4
0.0
0.0
0.0
0.0
282.4

178.3
96.8
275.1
0.0
0.0
0.0
0.0
275.1

14.8
14.8
0.0
238.8
0.0
253.6
60.2
60.2
193.4
0.0
-45.4

1.7
1.7
0.0
294.2
0.0
295.9
69.5
69.5
226.4
0.0
-67.8

9.1
9.1
0.0
219.8
0.0
228.9
26.6
26.6
202.3
1.6
-17.5

0.1
0.1
0.0
204.1
0.0
204.2
11.8
11.8
192.4
0.0
-11.7

0.1
0.1
0.0
192.3
0.0
192.4
10.0
10.0
182.4
0.0
-9.9

0.0
0.0
0.0
192.0
0.0
192.0
11.9
11.9
180.1
0.0
-11.9

331.8
144.5
16.1
398.1

306.4
126.1
13.7
422.0

302.0
114.4
6.1
343.3

303.6
110.0
6.1
314.2

299.1
100.0
5.4
292.4

299.1
94.9
5.1
286.9

191.9
191.9
0.0
161.2
30.7
172.4
19.6
1.2
18.4
0.0
0.0
0.0

184.9
184.9
0.0
171.8
13.1
185.3
8.2
0.1
8.1
0.0
0.0
0.0

200.1
200.1
0.0
220.3
-20.2
232.6
-33.7
0.7
-34.4
0.0
0.0
0.0

64.8
64.8
0.0
78.6
-13.8
90.1
-14.1
0.4
-14.5
0.0
0.0
0.0

0.0
0.0
0.0
16.3
-16.3
22.2
-20.0
0.0
-20.0
0.0
0.0
0.0

0.0
0.0
0.0
6.3
-6.3
7.3
-7.3
0.0
-7.3
0.0
0.0
0.0

18.2
18.4
-0.2

14.6
8.1
6.5

-35.7
-34.4
-1.3

-14.4
-14.5
0.1

-19.9
-20.0
0.1

-7.3
-7.3
0.0

34.5
34.3

21.8
28.3

-28.3
-29.6

-8.4
-8.3

-14.6
-14.5

-2.2
-2.2

0.0
421.3
421.3
17.8
4.6
101.1
100.6
189.5
89.8
6.1
0.6
0.0
101.4
5.4

0.0
425.8
425.8
19.7
1.9
55.5
77.0
197.6
100.2
1.2
0.1
0.0
131.2
2.3

0.0
860.5
860.5
8.4
-10.0
96.4
95.6
177.6
116.2
-2.1
0.3
43.8
0.0
34.7
-10.9

0.0
1730.5
1730.5
3.9
-4.6
100.7
101.2
169.5
139.0
-2.8
0.6
0.0
0.0
174.1
-4.8

0.0
1924.0
1924.0
3.5
-6.8
100.5
100.7
158.4
0.0
0.0
0.0
0.0
0.0
0.0
-7.1

0.0
1613.4
1613.4
4.3
-2.5
100.0
100.0
154.3
0.0
0.0
0.0
0.0
0.0
0.0
-2.7

0.0
9.6
1.0
1.0
10.6
48.2
-23.1
5.9
18.9

0.0
4.4
0.5
0.5
9.5
43.8
-50.0
-3.6
19.8

0.0
0.0
-17.2
-1.9
-1.9
4.8
58.3
-480.0
8.2
17.8

0.0
0.0
-22.4
-0.8
-0.8
5.3
20.6
-57.9
-67.6
17.0

0.0
0.0
0.0
-1.1
-1.1
4.9
0.0
37.5
-100.0
15.8

0.0
0.0
0.0
-0.4
-0.4
5.1
0.0
-63.6
15.4

Shell Gas LPG (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

520

2004

2005

2006

2007

2008

2009

27.0
102.2
129.2
0.0
0.0
0.0
0.0
129.2

27.0
176.7
203.7
0.0
0.0
0.0
0.0
203.7

27.0
166.3
193.3
0.0
0.0
0.0
0.0
193.3

32.3
115.0
147.3
0.0
0.0
75.0
75.0
222.3

226.4
-33.9
192.5
0.0
0.0
75.0
75.0
267.5

226.4
42.9
269.3
0.0
0.0
75.0
75.0
344.3

145.6
26.0
119.6
117.6
11.8
275.0
446.8
446.8
-171.8
41.6
-301.2

7.5
7.5
0.0
286.4
11.3
305.2
472.5
472.5
-167.3
83.2
-465.0

77.4
40.4
37.0
284.9
17.2
379.5
684.3
684.3
-304.8
188.0
-606.9

5.2
5.2
0.0
202.7
71.2
279.1
623.7
698.7
-344.6
193.1
-618.5

52.6
52.6
0.0
239.7
22.1
314.4
560.4
635.4
-246.0
100.9
-507.8

193.5
193.5
0.0
177.1
25.8
396.4
508.6
583.6
-112.2
75.0
-315.1

674.0
300.9
48.4
575.9

790.8
370.9
46.7
676.1

759.7
498.0
63.6
877.5

1041.7
567.0
72.8
846.1

1060.0
513.5
77.6
827.9

1074.8
456.6
77.2
853.0

865.5
865.5
0.0
680.3
185.2
795.5
103.9
3.1
100.8
31.7
27.0
0.0

998.5
998.5
0.0
806.1
192.4
943.7
108.7
1.5
107.2
28.7
18.9
0.0

1673.9
1673.9
0.0
1469.6
204.3
1686.7
32.7
14.4
18.3
17.0
13.5
0.0

1753.4
1753.4
0.0
1642.3
111.1
1848.4
-63.0
17.7
-80.7
7.6
0.0
6.5

1295.2
1295.2
0.0
1256.4
38.8
1462.7
-162.9
19.7
-182.6
5.6
0.0
0.0

1239.6
1239.6
0.0
992.8
246.8
1187.6
81.3
12.7
68.6
0.0
0.0
0.0

-10.3
42.1
-52.4

74.5
59.6
14.9

-10.4
-12.2
1.8

29.0
-88.3
117.3

45.2
-188.2
233.4

76.8
68.6
8.2

90.5
38.1

106.3
121.2

51.4
53.2

-15.5
101.8

-110.6
122.8

145.8
154.0

0.0
61.5
58.9
345.8
17.5
237.5
478.5
91.9
3.0
0.4
7.5
31.4
1.0
78.0

0.0
64.6
62.2
232.0
15.9
80.0
87.7
754.4
94.5
1.4
0.2
1.8
26.8
1.0
52.6

0.0
55.5
52.9
354.0
2.1
117.3
96.6
715.9
100.8
44.0
0.9
7.7
92.9
1.0
9.5

33.7
44.7
33.3
474.3
-9.5
-304.5
-15.2
456.0
105.4
-28.1
1.0
9.2
-9.4
0.2
-54.8

28.0
56.1
52.2
330.1
-22.1
-416.4
-90.1
85.0
112.9
-12.1
1.5
19.5
-3.1
0.3
-94.9

21.8
77.9
72.9
216.7
8.0
89.3
94.7
118.9
95.8
15.6
1.0
16.9
0.0
0.2
25.5

255.9
20.9
11.6
37.3
25.6
13.9
150.3
56.1
20.0
47.9

415.3
9.3
10.7
39.7
29.1
13.2
147.7
6.4
15.4
75.4

9.6
7.0
1.1
6.8
0.5
17.1
190.8
-82.9
67.6
71.6

0.0
0.0
-4.6
-25.0
-27.3
14.6
207.2
-467.6
4.7
45.6

0.0
0.0
-14.1
-8.1
-8.3
13.7
156.4
-67.6
-26.1
8.5

0.0
0.0
5.5
3.0
3.0
15.0
145.3
-137.0
-4.3
11.9

Shell Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

521

2004

2005

2006

2007

2008

2009

350.7
5781.9
6132.6
0.0
0.0
42.8
42.8
6175.4

350.7
8037.4
8388.1
0.0
0.0
16.3
16.3
8404.4

438.3
9637.9
10076.2
0.0
0.0
7.0
7.0
10083.2

547.9
8893.7
9441.6
0.0
0.0
0.5
0.5
9442.1

684.9
5557.8
6242.7
0.0
0.0
1.8
1.8
6244.5

684.9
271.3
956.2
0.0
0.0
1.8
1.8
958.0

2443.6
566.6
1877.0
2964.2
4537.0
9944.8
9168.8
9211.6
776.0
1497.3
-6725.2

2629.1
2858.2
2830.0
8568.1
3182.4
752.1
981.2
814.5
6549.9
869.6
1877.0
1877.0
2015.5
2018.2
2312.8
5498.0
9605.7
11557.8
14547.0
2683.3
6608.2
9979.9
8244.1
9004.3
13076.7
14735.3
22443.8
22631.9
32119.4
18942.4
11918.8
18050.7
19750.6
33014.8
25381.3
11935.1
18057.7
19751.1
33016.6
25383.1
2816.5
4393.1
2881.3
-895.4
-6438.9
3733.0
5063.3
7568.5
13896.7
8493.6
-9289.7 -15192.5 -16920.6 -24446.7 -22198.9

9252.1
5399.3
617.0
15344.1

10094.4
5587.8
690.7
20323.1

10536.4
5690.2
655.7
28134.0

11896.1
6560.8
578.3
29192.7

13180.9
7139.9
337.5
39259.3

12158.9
7396.9
743.4
26339.3

90663.5
90663.5
0.0
84456.3
6207.2
88412.8
2262.7
73.8
2188.9
609.8
1227.3
0.0

112043.4
112043.4
0.0
103201.4
8842.0
108076.8
3973.9
330.9
3643.0
1281.4
0.0
0.0

133636.6
133636.6
0.0
124233.1
9403.5
129358.6
4997.6
398.0
4599.6
1461.7
1315.0
109.6

131040.2
131040.2
0.0
125266.8
5773.4
130696.2
1288.6
909.9
378.7
89.8
876.6
0.0

84900.8
77990.4
6910.4
87849.7
-2948.9
92688.7
-7443.5
976.8
-8420.3
85.8
3424.4
171.2

156000.1
141347.2
14652.9
143097.9
12902.2
151605.4
5311.3
1401.2
3910.1
210.8
2260.1
0.0

230.2
351.8
-121.6

2229.0
2361.6
-132.6

1678.8
1822.9
-144.1

-641.1
-587.7
-53.4

-3197.6
-11930.5
8732.9

-5286.5
1439.2
-6725.7

968.8
847.2

3052.3
2919.7

2478.6
2334.5

-9.4
-62.8

-11593.0
-2860.1

2182.6
-4543.1

0.7
108.5
59.0
150.2
14.3
152.8
114.4
1748.7
97.5
3.3
0.1
4.9
27.9
2.2
35.7

0.2
123.6
68.2
142.3
17.9
105.9
104.5
2391.8
96.5
8.3
0.3
8.9
35.2
2.7
43.4

0.1
124.3
69.0
179.2
16.3
108.6
106.2
2298.9
96.8
8.0
0.3
7.9
31.8
3.9
45.6

0.0
114.6
72.8
209.2
1.3
91.7
15.0
1723.2
99.7
70.6
0.7
12.0
23.7
3.5
4.0

0.0
97.3
70.0
528.9
-21.4
373.1
405.3
911.5
109.2
-13.1
1.2
7.0
-1.0
3.4
-134.9

0.2
74.6
23.1
2654.6
14.8
-27.2
-48.0
139.6
97.2
26.4
0.9
16.5
5.4
0.8
408.9

128.7
20.0
2.4
62.4
45.0
12.8
590.9
15.1
1.4
174.9

0.0
3.3
103.9
67.3
12.8
551.3
66.5
23.6
239.2

238.6
13.1
3.4
104.9
71.6
11.8
475.0
1.0
19.3
229.9

33.0
9.3
0.3
6.9
5.3
10.2
448.9
-93.4
-1.9
172.3

-248.4
54.9
-9.9
-122.9
-124.2
5.1
216.3
-1881.2
-35.2
91.1

163.7
236.4
2.5
57.1
54.0
10.4
592.3
-146.5
83.7
14.0

Sitara Energy Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

522

2004

2005

2006

2007

2008

2009

190.9
810.1
1001.0
0.0
0.0
66.0
66.0
1067.0

190.9
769.7
960.6
0.0
0.0
46.2
46.2
1006.8

190.9
776.7
967.6
0.0
0.0
85.8
85.8
1053.4

190.9
777.9
968.8
0.0
20.0
862.8
882.8
1851.6

190.9
865.0
1055.9
0.0
980.0
95.7
1075.7
2131.6

190.9
923.5
1114.4
0.0
1040.0
167.0
1207.0
2321.4

62.6
12.6
50.0
591.9
35.6
690.1
324.6
390.6
365.5
293.4
-262.0

56.1
6.1
50.0
688.4
112.1
856.6
741.1
787.3
115.5
725.3
-685.0

57.2
7.2
50.0
1001.2
45.2
1103.6
1042.4
1128.2
61.2
974.7
-985.2

53.0
3.0
50.0
661.7
41.6
756.3
1009.9
1892.7
-253.6
1719.7
-956.9

26.2
26.2
0.0
899.8
169.3
1095.3
1168.2
2243.9
-72.9
2035.4
-1142.0

60.9
10.9
50.0
1061.8
0.0
1122.7
1119.6
2326.6
3.1
2081.7
-1058.7

1301.6
701.6
52.2
1391.7

1537.7
891.4
47.5
1748.0

1678.9
992.1
44.5
2095.7

2830.0
2105.2
40.0
2861.5

2988.0
2204.6
60.4
3299.9

2247.3
2318.2
73.6
3440.9

1121.9
1121.9
0.0
984.0
137.9
1019.8
103.8
13.4
90.4
0.2
47.7
0.0

1340.3
1340.3
0.0
1321.0
19.3
1353.4
-11.2
28.9
-40.1
0.3
47.7
0.0

1558.6
1558.6
0.0
1453.9
104.7
1490.0
97.0
89.7
7.3
0.3
0.0
0.0

1691.9
1691.9
0.0
1515.6
176.3
1555.8
143.5
142.0
1.5
0.3
0.0
0.0

2644.0
2644.0
0.0
2276.9
367.1
2338.2
319.9
226.5
93.4
0.4
47.7
0.0

3009.9
3009.9
0.0
2551.2
458.7
2612.6
404.5
324.2
80.3
1.4
38.2
0.0

108.5
42.5
66.0

-60.2
-88.1
27.9

46.6
7.0
39.6

798.2
1.2
797.0

280.0
45.3
234.7

189.8
40.7
149.1

94.7
160.7

-40.6
-12.7

51.5
91.1

41.2
838.2

105.7
340.4

114.3
263.4

6.2
212.6
201.6
39.0
6.5
39.2
58.9
524.4
90.9
12.9
1.2
4.6
0.2
37.0
9.0

4.6
115.6
100.5
82.0
-2.3
503.2
101.0
2.2
4.0
31.9
-4.2

8.1
105.9
101.5
116.6
0.3
15.0
56.5
506.9
95.6
92.5
5.8
9.2
4.1
24.7
0.8

47.7
74.9
70.8
195.4
0.1
0.2
4.9
507.5
92.0
99.0
8.4
8.3
20.0
13.0
0.2

50.5
93.8
79.3
212.5
2.8
16.2
31.1
553.1
88.4
70.8
8.6
11.1
0.4
13.6
8.8

52.0
100.3
100.3
208.8
2.3
21.4
43.4
583.8
86.8
80.1
10.8
15.6
1.7
15.3
7.2

189.1
4.8
8.1
4.7
4.7
8.9
80.6
-17.5
-1.7
52.4

-84.7
5.0
-3.0
-2.1
-2.1
6.8
76.7
-144.7
19.5
50.3

0.0
0.0
0.5
0.4
0.4
5.0
74.4
-119.0
16.3
50.7

0.0
0.0
0.1
0.1
0.1
4.0
59.1
-75.0
8.6
50.7

195.0
4.5
3.5
4.9
4.9
2.9
80.1
4800.0
56.3
55.3

206.5
3.4
2.7
4.2
4.1
3.3
87.5
-14.3
13.8
58.4

Southern Electric Power Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

523

2004

2005

2006

2007

2008

2009

1366.8
1022.8
2389.6
0.0
0.0
3439.2
3439.2
5828.8

1366.8
1086.8
2453.6
0.0
0.0
2858.0
2858.0
5311.6

1366.8
1107.8
2474.6
0.0
0.0
2925.6
2925.6
5400.2

1366.8
812.6
2179.4
0.0
0.0
2465.9
2465.9
4645.3

1366.8
514.9
1881.7
0.0
0.0
2898.4
2898.4
4780.1

1366.8
661.6
2028.4
0.0
0.0
3023.3
3023.3
5051.7

9.3
9.3
0.0
629.9
81.2
720.4
1512.4
4951.6
-792.0
4765.7
-1503.1

11.4
11.4
0.0
827.3
156.1
994.8
2197.9
5055.9
-1203.1
4671.7
-2186.5

21.8
21.8
0.0
654.1
55.3
731.2
2304.9
5230.5
-1573.7
4709.7
-2283.1

99.3
99.3
0.0
735.3
75.4
910.0
3152.2
5618.1
-2242.2
4417.1
-3052.9

41.2
41.2
0.0
848.6
34.7
924.5
3184.2
6082.6
-2259.7
4921.9
-3143.0

4.5
4.5
0.0
1837.1
79.3
1920.9
4196.9
7220.2
-2276.0
5479.2
-4192.4

7816.6
6620.9
244.9
7341.3

7946.5
6514.6
248.4
7509.4

8655.6
6973.9
249.9
7705.1

8818.0
6887.5
249.6
7797.5

9251.9
7039.6
283.5
7964.1

9838.6
7327.7
320.8
9248.6

2261.3
2261.3
0.0
1586.2
675.1
1670.7
591.2
356.9
234.3
0.0
0.0
124.3

2798.1
2798.1
0.0
2319.2
478.9
2401.5
411.8
349.3
62.5
0.0
18.4
0.0

4240.6
4240.6
0.0
3691.2
549.4
3777.7
466.1
428.7
37.4
0.0
0.0
0.0

4415.6
4415.6
0.0
4163.2
252.4
4250.4
170.4
465.5
-295.1
0.0
0.0
0.0

3989.3
3989.3
0.0
3712.1
277.2
3815.0
275.1
572.9
-297.8
0.0
0.0
0.0

1911.2
1911.2
0.0
903.7
1007.5
1144.5
913.7
767.0
146.7
0.0
0.0
0.0

-468.7
234.3
-703.0

-517.2
44.1
-561.3

88.6
37.4
51.2

-754.9
-295.1
-459.8

134.8
-297.8
432.6

271.6
146.7
124.9

479.2
-223.8

292.5
-268.8

287.3
338.5

-45.5
-505.3

-14.3
418.3

467.5
592.4

59.0
47.6
42.3
207.2
3.2
174.8
73.9
60.4
15.8
7.5
0.0
11.8
9.8

53.8
45.3
38.2
206.1
0.8
179.5
85.8
84.8
12.5
7.5
0.0
11.7
2.5

54.2
31.7
29.3
211.4
0.5
42.2
84.9
181.1
89.1
92.0
10.1
9.1
0.0
2.7
1.5

53.1
28.9
26.5
257.8
-3.8
39.1
9.0
159.5
96.3
273.2
10.5
10.5
0.0
2.0
-13.5

60.6
29.0
27.9
323.3
-3.7
-220.9
-3.4
137.7
95.6
208.3
14.4
11.6
0.0
10.1
-15.8

59.8
45.8
43.9
356.0
1.6
54.0
78.9
148.4
59.9
83.9
40.1
14.0
0.0
84.6
7.2

0.0
10.4
1.7
1.7
3.6
30.8
-29.2
-11.5
17.5

339.7
0.7
2.2
0.5
0.5
3.8
37.3
-70.6
23.7
18.0

0.0
0.0
0.9
0.3
0.3
3.8
55.0
-40.0
51.6
18.1

0.0
0.0
-6.7
-2.2
-2.2
3.6
56.6
-833.3
4.1
15.9

0.0
0.0
-7.5
-2.2
-2.2
4.1
50.1
0.0
-9.7
13.8

0.0
0.0
7.7
1.1
1.1
4.6
20.7
-150.0
-52.1
14.8

Sui Northern Gas Pipelines Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

524

2004

2005

2006

2007

2008

2009

4991.9
6603.2
11595.1
0.0
0.0
5035.8
5035.8
16630.9

4991.9
18030.0
23021.9
0.0
0.0
3473.7
3473.7
26495.6

4991.9
10110.1
15102.0
0.0
0.0
1949.1
1949.1
17051.1

5491.1
10780.7
16271.8
0.0
0.0
662.5
662.5
16934.3

5491.1
11618.4
17109.5
0.0
0.0
2780.5
2780.5
19890.0

5491.1
10385.7
15876.8
0.0
0.0
0.0
0.0
15876.8

9353.4
8320.0
15405.4
13551.2
8653.1
1321.8
8519.6
8315.1
15400.5
13546.2
8137.1
1316.9
833.8
4.9
4.9
5.0
516.0
4.9
10360.1
15961.3
17817.2
19572.3
26274.5
41626.7
275.8
346.4
445.8
473.4
525.4
783.4
19989.3
24627.7
33668.4
33596.9
35453.0
43731.9
40294.0
38580.8
60178.8
66698.9
77728.3 106200.7
45329.8
42054.5
62127.9
67361.4
80508.8 106200.7
-20304.7 -13953.1 -26510.4 -33102.0 -42275.3 -62468.8
5960.4
5728.2
4508.8
1949.1
4342.4
1013.4
-30940.6 -30260.8 -44773.4 -53147.7 -69075.2 -104878.9
64175.1
36935.4
3333.5
56924.7

71281.1
40448.7
3646.6
65076.4

74005.6
74005.6
0.0
62427.1
11578.5
71303.1
4633.3
968.9
3664.4
802.3
1248.0
0.0

97487.7 107897.3 137187.4 124155.0 168933.8

97487.7 107897.3 137187.4 124155.0 168933.8
0.0
0.0
0.0
0.0
0.0
85302.7
94032.5 123778.6 109107.5 151337.3
12185.0
13864.8
13408.8
15047.5
17596.5
94818.1 105178.7 136025.0 123241.6 171047.3
5194.1
6299.3
5110.3
4770.4
2383.5
913.8
1180.2
860.7
789.2
653.2
4280.3
5119.1
4249.6
3981.2
1730.3
1054.2
1515.7
1107.6
626.3
0.0
1248.0
1497.6
1647.3
1921.9
0.0
0.0
499.2
0.0
0.0
0.0

-3285.2
1614.1
-4899.3

78406.6
43561.5
4218.1
77229.9

9864.7 -9444.5
1978.1
2105.8
7886.6 -11550.3

89298.1 106078.4 128087.4

50036.2
62165.2
78345.4
4583.4
4929.3
5971.1
83633.1
97618.2 122077.3

-116.8
1494.7
-1611.5

2955.7
1433.0
1522.7

-4013.2
1730.3
-5743.5

4947.6
48.3

5624.7
13511.3

6323.9
-5226.4

6078.1
4466.6

6362.3
7885.0

7701.4
1957.9

30.3
49.6
48.9
390.9
6.4
10243.5
232.3
96.3
20.9
1.3
16.3
21.9
12.8
31.6

13.1
63.8
62.9
182.7
6.6
20.1
41.6
461.2
97.3
17.6
0.9
16.0
24.6
14.6
18.6

11.4
55.9
55.2
411.4
6.6
-22.3
-121.0
302.5
97.5
18.7
1.1
26.2
29.6
13.5
33.9

3.9
50.4
49.7
414.0
5.1
-1279.7
136.1
296.3
99.2
16.8
0.6
44.2
26.1
11.8
26.1

14.0
45.6
44.9
470.6
4.1
48.5
80.7
311.6
99.3
16.5
0.6
18.2
15.7
15.1
23.3

0.0
41.2
40.4
668.9
1.4
-43.1
393.4
289.1
101.3
27.4
0.4
64.5
0.0
15.2
10.9

229.3
10.8
5.0
7.3
5.7
9.9
130.0
14.1
62.1
23.2

258.5
5.4
4.4
8.6
6.5
9.9
149.8
17.8
31.7
46.1

240.6
9.9
4.7
10.3
7.2
10.4
139.7
19.8
10.7
30.3

190.7
10.1
3.1
7.7
5.7
10.5
164.0
-25.2
27.1
29.6

174.6
11.2
3.2
7.3
6.1
9.9
127.2
-5.2
-9.5
31.2

0.0
0.0
1.0
3.2
3.2
9.6
138.4
-56.2
36.1
28.9

Sui Southern Gas Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

525

2004

2005

2006

2007

2008

2009

6711.7
5119.5
11831.2
0.0
1165.7
3445.7
4611.4
16442.6

6711.7
4441.1
11152.8
0.0
416.3
6750.0
7166.3
18319.1

6711.7
4477.8
11189.5
0.0
0.0
8725.1
8725.1
19914.6

6711.7
2965.1
9676.8
0.0
2987.7
9472.5
12460.2
22137.0

6711.7
3533.8
10245.5
0.0
0.0
15582.6
15582.6
25828.1

6711.7
2927.9
9639.6
0.0
0.0
16361.4
16361.4
26001.0

3245.3
1435.7
4071.8
5504.4
4513.9
2744.0
3040.8
1269.2
3814.6
5267.6
4356.4
1477.2
204.5
166.5
257.2
236.8
157.5
1266.8
10896.5
14317.4
17770.3
24650.6
32799.5
59179.9
198.4
227.3
281.4
368.9
512.4
490.5
14340.2
15980.4
22123.5
30523.9
37825.8
62414.4
15394.1
19302.4
27108.7
39720.8
45805.1
74509.0
20005.5
26468.7
35833.8
52181.0
61387.7
90870.4
-1053.9
-3322.0
-4985.2
-9196.9
-7979.3 -12094.6
6316.5
8831.4
11409.3
15717.5
17997.2
21252.3
-12148.8 -17866.7 -23036.9 -34216.4 -41291.2 -71765.0
37726.4
17496.6
1937.8
31836.8

43963.1
21641.1
2175.7
37621.5

49247.0
24899.9
2226.4
47023.4

57756.0
31333.8
2248.4
61857.7

61543.6
68158.6
33807.6
38095.6
2215.5
2772.8
71633.4 100510.0

54444.6
54444.6
0.0
48358.0
6086.6
53909.6
2267.9
695.6
1572.3
825.5
1006.8
0.0

62511.7
62511.7
0.0
56621.7
5890.0
62951.7
2151.7
563.0
1588.7
197.4
1006.8
0.0

77562.3
77562.3
0.0
70853.1
6709.2
77602.3
3110.8
1390.5
1720.3
417.1
872.5
0.0

85716.7
85716.7
0.0
79789.4
5927.3
86671.8
3114.0
1778.7
1335.3
370.2
335.6
0.0

86829.3
86829.3
0.0
79425.2
7404.1
87554.0
4752.2
2370.7
2381.5
415.5
839.0
0.0

108151.1
108151.1
0.0
102388.9
5762.2
113244.4
4826.5
4409.8
416.7
0.0
0.0
0.0

1050.4
-260.0
1310.4

1876.5
384.5
1492.0

1595.5
430.7
1164.8

2222.4
629.5
1592.9

3691.1
1127.0
2564.1

172.9
416.7
-243.8

1677.8
2988.2

2560.2
4052.2

2657.1
3821.9

2877.9
4470.8

3342.5
5906.6

3189.5
2945.7

28.0
93.2
91.9
169.1
4.9
-24.8
56.1
176.3
99.0
30.7
1.3
11.0
52.5
12.3
13.3

39.1
82.8
81.6
237.3
4.2
20.5
63.2
166.2
100.7
26.2
0.9
6.4
12.4
14.0
14.2

43.8
81.6
80.6
320.2
3.7
27.0
69.5
166.7
100.1
44.7
1.8
12.2
24.2
14.1
15.4

56.3
76.8
75.9
539.2
2.2
28.3
64.4
144.2
101.1
57.1
2.1
11.3
27.7
18.8
13.8

60.3
82.6
81.5
599.2
3.3
30.5
56.6
152.7
100.8
49.9
2.7
13.2
17.4
23.1
23.2

62.9
83.8
83.1
942.7
0.4
241.0
108.3
143.6
104.7
91.4
4.1
20.7
0.0
30.1
4.3

74.2
8.5
2.9
2.3
1.1
11.3
171.0
-25.8
31.0
17.6

138.2
9.0
2.5
2.4
2.1
12.4
166.2
4.3
14.8
16.6

149.4
7.8
2.2
2.6
1.9
10.3
164.9
8.3
24.1
16.7

287.6
3.5
1.6
2.0
1.4
9.0
138.6
-23.1
10.5
14.4

234.3
8.2
2.7
3.5
2.9
7.4
121.2
75.0
1.3
15.3

0.0
0.0
0.4
0.6
0.6
8.2
107.6
-82.9
24.6
14.4

The Hub Power Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

526

2004

2005

2006

2007

2008

2009

11571.5
18076.1
29647.6
0.0
0.0
13230.7
13230.7
42878.3

11571.5
20097.6
31669.1
0.0
0.0
10229.3
10229.3
41898.4

11571.5
18408.2
29979.7
0.0
0.0
9250.2
9250.2
39229.9

11571.5
17475.5
29047.0
0.0
0.0
8271.2
8271.2
37318.2

11571.5
16896.6
28468.1
0.0
0.0
7292.1
7292.1
35760.2

11571.5
17958.5
29530.0
0.0
0.0
11340.9
11340.9
40870.9

5803.8
5803.8
0.0
8030.8
1513.8
15348.4
8894.5
22125.2
6453.9
19149.9
-3090.7

6038.1
6038.1
0.0
4407.0
1251.0
11696.1
4729.7
14959.0
6966.4
13266.8
1308.4

3363.3
3363.3
0.0
4936.5
1890.9
10190.7
4280.0
13530.2
5910.7
10229.3
-916.7

742.9
662.2
1690.3
742.9
662.2
1033.8
0.0
0.0
656.5
9825.1
26529.8
48056.6
2563.8
1564.2
2540.9
13131.8
28756.2
52287.8
7670.1
26933.9
49312.4
15941.3
34226.0
60653.3
5461.7
1822.3
2975.4
11340.3
21597.9
15902.2
-6927.2 -26271.7 -47622.1

48564.2
36424.4
1649.8
51772.8

48410.0
34931.9
1647.8
46628.0

48733.0
33319.2
1652.7
43509.9

48914.6
31856.6
1657.0
44988.4

52652.4
33938.1
1665.8
62694.3

58308.5
37895.7
1706.7
90183.5

16678.1
16678.1
0.0
8781.9
7896.2
9116.5
7686.2
2223.2
5463.0
0.0
4281.5
0.0

17909.5
17909.5
0.0
10752.5
7157.0
10946.7
7193.8
1808.2
5385.6
0.0
3355.7
0.0

30915.7
30915.7
0.0
26557.3
4358.4
26838.0
4346.0
1577.5
2768.5
0.0
2140.7
0.0

49575.0
49575.0
0.0
45411.2
4163.8
45664.1
4071.7
1417.5
2654.2
0.0
3297.9
0.0

70428.6
70428.6
0.0
65678.7
4749.9
65967.5
4566.5
1966.0
2600.5
0.0
2487.9
0.0

82783.9
82783.9
0.0
76687.1
6096.8
77046.7
5875.5
2094.5
3781.0
0.0
3876.5
0.0

-1833.9
1181.5
-3015.4

-979.9
2029.9
-3009.8

-2668.5
627.8
-3296.3

-1911.7
-643.7
-1268.0

-1558.0
112.6
-1670.6

5110.7
-95.5
5206.2

2831.3
-184.1

3677.7
667.9

2280.5
-1015.8

1013.3
-254.7

1778.4
107.8

1611.2
6817.4

30.9
172.6
155.5
74.6
10.6
256.2
54.7
28.9
13.3
11.6
0.0
11.3
18.4

24.4
247.3
220.8
47.2
11.6
550.6
273.7
61.1
25.1
10.1
13.6
0.0
8.1
17.0

23.6
238.1
193.9
45.1
6.4
-23.5
-224.5
259.1
86.8
36.3
5.1
15.4
0.0
9.5
9.2

22.2
171.2
137.8
54.9
5.9
33.7
-397.8
251.0
92.1
34.8
2.9
12.5
0.0
16.0
9.1

20.4
106.8
101.0
120.2
4.1
-7.2
1649.7
246.0
93.7
43.1
2.8
9.1
0.0
35.3
9.1

27.7
106.0
100.9
205.4
4.2
-1.9
23.6
255.2
93.1
35.6
2.5
13.2
0.0
56.3
12.8

127.6
14.4
32.8
4.7
4.7
4.4
32.2
-11.3
-14.5
25.6

160.5
10.6
30.1
4.7
4.7
4.5
38.4
0.0
7.4
27.4

129.3
7.1
9.0
2.4
2.4
4.7
71.1
-48.9
72.6
25.9

80.5
11.4
5.4
2.3
2.3
5.0
110.2
-4.2
60.4
25.1

104.5
8.7
3.7
2.2
2.2
5.2
112.3
-4.3
42.1
24.6

97.5
13.1
4.6
3.3
3.3
5.0
91.8
50.0
17.5
25.5

Tri-Star Power Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

527

2004

2005

2006

2007

2008

2009

150.0
37.8
187.8
0.0
0.0
0.0
0.0
187.8

150.0
37.8
187.8
0.0
0.0
0.0
0.0
187.8

150.0
96.5
246.5
0.0
0.0
0.0
0.0
246.5

150.0
122.6
272.6
0.0
0.0
0.0
0.0
272.6

150.0
122.6
272.6
0.0
0.0
0.0
0.0
272.6

150.0
122.6
272.6
0.0
0.0
0.0
0.0
272.6

66.0
0.3
65.7
50.8
0.0
116.8
0.7
0.7
116.1
0.0
65.3

66.0
0.3
65.7
50.8
0.0
116.8
0.7
0.7
116.1
0.0
65.3

152.3
0.0
152.3
49.8
0.0
202.1
2.7
2.7
199.4
0.0
149.6

183.4
0.0
183.4
49.7
0.0
233.1
2.9
2.9
230.2
0.0
180.5

183.4
0.0
183.4
49.7
0.0
233.1
2.9
2.9
230.2
0.0
180.5

183.4
0.0
183.4
49.7
0.0
233.1
2.9
2.9
230.2
0.0
180.5

177.3
71.7
8.0
188.5

177.3
71.7
8.0
188.5

177.3
47.1
5.2
249.2

177.3
42.4
4.7
275.5

177.3
42.4
4.7
275.5

177.3
42.4
4.7
275.5

8.0
8.0
0.0
0.0
8.0
13.0
-5.0
0.0
-5.0
0.0
0.0
0.0

8.0
8.0
0.0
0.0
8.0
13.0
-5.0
0.0
-5.0
0.0
0.0
0.0

0.0
0.0
0.0
5.3
-5.3
5.7
-5.7
0.0
-5.7
0.0
0.0
0.0

0.0
0.0
0.0
4.8
-4.8
5.1
-5.1
0.0
-5.1
0.0
0.0
0.0

0.0
0.0
0.0
4.8
-4.8
5.1
-5.1
0.0
-5.1
0.0
0.0
0.0

0.0
0.0
0.0
4.8
-4.8
5.1
-5.1
0.0
-5.1
0.0
0.0
0.0

0.0
-5.0
5.0

0.0
-5.0
5.0

58.7
-5.7
64.4

84.8
-5.1
89.9

0.0
-5.1
5.1

0.0
-5.1
5.1

3.0
8.0

3.0
8.0

-0.5
63.9

-0.4
89.5

-0.4
4.7

-0.4
4.7

0.0
16685.7
16685.7
0.4
-2.7
37.5
125.2
162.5
0.0
546.3
-2.7

0.0
16685.7
16685.7
0.4
-2.7
37.5
125.2
162.5
0.0
546.3
-2.7

0.0
7485.2
7485.2
1.1
-2.3
-9.7
-0.8
164.3
0.0
0.0
0.0
0.0
0.0
0.0
-2.3

0.0
8037.9
8037.9
1.1
-1.9
-6.0
-0.4
181.7
0.0
0.0
0.0
0.0
0.0
0.0
-1.9

0.0
8037.9
8037.9
1.1
-1.9
0.0
-8.5
181.7
0.0
0.0
0.0
0.0
0.0
0.0
-1.9

0.0
8037.9
8037.9
1.1
-1.9
0.0
-8.5
181.7
0.0
0.0
0.0
0.0
0.0
0.0
-1.9

0.0
-62.5
-0.3
-0.3
10.0
4.2
-78.6
12.5

0.0
-62.5
-0.3
-0.3
10.0
4.2
0.0
0.0
12.5

0.0
0.0
0.0
-0.4
-0.4
9.9
0.0
33.3
-100.0
16.4

0.0
0.0
0.0
-0.3
-0.3
10.0
0.0
0.0
-100.0
18.2

0.0
0.0
0.0
-0.3
-0.3
10.0
0.0
0.0
18.2

0.0
0.0
0.0
-0.3
-0.3
10.0
0.0
0.0
18.2

Altern Energy Limited

Descon Headquarter, 18-KM Ferozpur Road, Lahore.

Management

Banker

Auditor

Mr. Abdul Razzak Dawood(Chairman)

Bank Al-Falah Ltd.

KPMG Taseer Hadi & Co.

Mr. Sabeeh ud-din Farooqi(Chief Executive)

Bank of Punjab Ltd.

Mr. Khalid Salman Khan(Director)

MCB Bank Ltd.

Syed Zamanat Abbas(Director)

Habib Bank Ltd.

Shaikh Azhar Ali(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Syed Ali Nazir Kazmi(Director)

Shah Muhammad Chowdhary(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

20.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

9.80

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Power generation

10.00

Capacity

Actual Production

3543

3505

GWH

Attock Petroleum Ltd.

6, Faisal Avenue, F-7/1, Islamabad.

Management

Banker

Dr. Ghaith R. Pharaon(Chairman)

Allied Bank Ltd.

Mr. Shuaib A. Malik(Chief Executive)

Habib Bank Ltd.

Mr. Laith G. Pharaon(Director)

Faysal Bank Ltd.

Mr. Wale G. Pharaon(Director)

National Bank of Pakistan.

Mr. M. Adil Khattak(Director)

My Bank Ltd.

Mr. Babar Bashir Nawaz(Director)

NIB Bank Ltd.

Mr. Munaf Ibrahim(Director)

Silk Bank Ltd.

Auditor
M/s. A. F. Fergusan & Co.

Date of Annual General Meeting

08th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

318.51

Highest Price in

2009

Rs.

427.96

Lowest Price in

2009

Rs.

130.29

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

285.09

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

250

Units

Capacity

Oil distribution

Indeterminable

528

Actual Production

Attock Refinery Ltd.

The Refinery, Morgah, Rawalpindi.

Management

Banker

Dr. Ghaith R. Pharaon(Chairman)

Faysal Bank Ltd.

Mr. Adil Khattak(Chief Executive)

Habib Bank Ltd.

Mr. Shuaib Anwar Malik(Deputy Chairman)

MCB Bank Ltd.

Mr. Wael Ghaith Pharaon(Director)

Saudi Pak Leasing Co. Ltd.

Mr. Tariq Iqbal Khan(Director)

United Bank Ltd.

Auditor
M/s. A. F. Ferguson & Co.

Mr. Laith Ghaith Pharaon(Director)

Mr. Arib Habib(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

124.79

Percentage Dividend rate :

Highest Price in

2009

Rs.

253.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

38.91

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

139.63

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Refining crude oil

Capacity

Actual Production

14,320

14,901

million US barrel

Byco Petruleum (Bosicor Pakistan Limited.)

2nd Floor, Business Plaza, Mumtaz Hussain Road, Karachi.

Management

Banker

Mr. Amir Abbassciy(Chairman)

Bank Alfalah Ltd.

Mr. Hamid Imtiaz Hanfi(Vice President)

Habib Bank Ltd.

Mr. Kashif Shah(Director)

Allied Bank Ltd.

Mr. Muhammad Rashid Zahir(Director)

Bankislami Pakistan Ltd.

Syed Arshad Raza(Director)

Habib Metropolitan Bank Limted

Mrs. Uzma Abbassciy(Director)

Askari Bank Ltd.

Mrs. Saima Roomi(Director)

JS Bank Ltd.

Auditor
M/S Faruq Ali & Co.

Date of Annual General Meeting

30th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.96

Percentage Dividend rate :

Highest Price in

2009

Rs.

13.27

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.55

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.80

Preference Shares(%)

Investment Yield%

Production Desc
Oil refining

, 2009

Units
US barrels (in thous.)

529

Capacity

Actual Production

7,020

7,168

Generteck Pakistan Ltd.

31/C-1, Ghalib Road, Gulberg-III, Lahore.

Management

Banker

Mr. Jahangir Elahi(Chairman / C.E.O.)

Faysal Bank Ltd.

Mr. Tanvir Elahi(Director)

MCB Bank Ltd.

Mr. Amir Jahangir(Director)

The Bank Of Punjab

Mr. Muhammad Ashfaq Nadeem(Director)

United Bank Ltd.

Auditor
M/S Zahid Jamil & Co.

Mr. Shahrukh Elahi(Director)

Mr. Tariq Latif(Director)
Sheikh Muhammad Ashraf(Director)
Date of Annual General Meeting

31st October , 2008

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2008

Rs.

2.33

Percentage Dividend rate :

Highest Price in

2008

Rs.

4.75

Ordinary Shares (%)

Lowest Price in

2008

Rs.

2.01

Ordinary Shares Bonus (%)

Average Price in

2008

Rs.

2.78

Preference Shares(%)

Investment Yield%

Production Desc

, 2008

Units

Power generation

Capacity

Actual Production

167141

19535

MWH

Ideal Energy Ltd.

404, 4th Floor, Business Centre, Dunnally Road, Karachi.

Management
Mr. Nisar Ahmed Shaikh(Chairman)

Banker

Auditor

Faysal Bank Ltd.

M/s. Riaz Ahmed & Co.

Mr. Muhammad Arshad Shaikh(Chief Executive) Habib Bank Ltd.

Mr. Amjad Saeed(Director)
Mr. Muhammad Anwar Sajjad(Director)
Mr. Muhammad Saeed(Director)
Mr. Shahzad Ahmed(Director)
Mrs. Noureen Shahzad(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

15.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

19.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

14.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

16.50

Preference Shares(%)

Investment Yield%

Production Desc
Power generation

, 2009

Units
Mega Watt hours

530

Capacity

Actual Production

96,480

2,875

Japan Power Generation Ltd.

Near Jia Bagga Railway Station, Off. Raiwind Road, Chowk Araian, Lahore.

Management

Banker

Col. (R) Shahid Qamar Yazdanie(Chairman)

Silk Bank Ltd.

Mr. Khan Ahmed Saleem(Chief Executive)

Askari Bank Ltd.

Syed Mujahid Hussain Naqvi(Director)

RBS Bank Ltd.

Mr. Mansoor-ur-Rehman(Director)

National Bank of Pakistan.

Mr. Muhammad Hanif Abbasi (NBP)(Director)

Faysal Bank Ltd.

Mr. Shahbaz Jameel(Director)

Allied Bank Ltd.

Mr. Muhammad Faisal israr(Director)

Samba Bank Limited

Auditor
M/S Hyder Bhimji & Co.

Date of Annual General Meeting

25th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.80

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.95

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.52

Preference Shares(%)

Investment Yield%

Production Desc
Power generation

, 2009

Units

Capacity

Actual Production

MWH

1,055,580

256,870

Karachi Electric Supply Corporation Ltd.

6th Floor, State Life Building NO.11, Abdullah Haroon Road, Karachi

Management

Banker

Mr. Wawar Hassan Siddiquie(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Naveed Ismail(Chief Exec. Officer)

Askari Commercial Bank Ltd.

Mr. Farrukh Abbas(Director)

Citibank N.A.

Mr. Shan A. Ashary(Director)

Bank Al-Falah Ltd.

Mr. Zulfiqar Haider Ali(Director)

Habib Bank Ltd.

Mr. Tabish Gauhar(Director)

MCB Bank Ltd.

Mr. Fazal Ahmad Khan(Director)

National Bank Of Pakistan

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

3.50

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.65

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.63

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.12

Preference Shares(%)

Investment Yield%

Production Desc
Electric genaration

, 2009

Units

Capacity

Actual Production

electric units

1,611 MW

8,262.0 million KWH

531

Kohinoor Energy Ltd.

1404,14th Floor, Green Trust Tower, Blue Area, Islamabad.

Management

Banker

Auditor

Mr. M. Naseem Saigol(Chairman)

ABN Amro Bank N.V.

M/s. A. F. Ferguson & Co.

Mr. Muneki Udaka(Chief Executive)

U.S.Bank New York (Off Share Trustee)

Mr. Shinichi Ushijima(Director)

Bank Alfalah Ltd.

Shaikh Muhammad Shakeel(Director)

Standard Chartered Bank

Mr. Ghazanfar Ali Zaidi(Director)

Faysal Bank Limited

Mr. Ghazanfar Ali Kh (Wartsila Diesel Oy Finland

Mr. Hiroshie Uga(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

29.00

Highest Price in

2009

Rs.

30.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

16.50

Ordinary Shares Bonus (%)

45

Average Price in

2009

Rs.

21.00

Preference Shares(%)

Investment Yield%

Production Desc
Power generation

21

Units

Capacity

Actual Production

MWH

1,086,240

872,630

Kohinoor Power Company Ltd.

17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore.

Management

Banker

Auditor

Mr. M. Naseem Saigol(Chairman / C.E.O.)

Askari Bank Ltd.

M/s. Manzoor Hussain Mir & Co.

Mr. Muhammad Omer Farooq(Director)

Bank Al-Falah Ltd.

Mr. M. Azam Saigol(Director)

Habib Bank Ltd.

Mr. Muhammad Asif Bajwa(Director)

MCB Bank Ltd.

Mr. Muhammad Athar Rafiq(Director)

National Bank Of Pakistan

Mr. Shahid Sethi(Director)

Faysal Bank Ltd.

Mr. Rashid Ahmad Javaid(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

7.48

Percentage Dividend rate :

Highest Price in

2009

Rs.

20.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.51

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.69

Preference Shares(%)

Investment Yield%

Production Desc
Electricity production

, 2009

Units
M.W.

532

Capacity

Actual Production

122,530

76,131

Kot Addu Power Co. Ltd.

House No. 6, Street No. 56, F-8/4, Islamabad.

Management

Banker

Auditor

Mr. Shakil Durrani(Chairman)

NIB Bank Ltd.

M/S A. F. Ferguson & Co.

Mr. Aftab Mahmood Butt(Chief Execuative)

Allied Bank Ltd.

Mr. Malcolm P. Clampin(Director)

United Bank Ltd.

Mr. Vinece Richard Harris OBE(Director)

Bank Al-Falah Ltd.

Mr. Anwar-ul-Haq(Director)

RBS Bank Ltd.

Mr. Muhammad Azhar Iqbal(Director)

Citibank N.A.

Mr. Khalid Rashid(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

42.26

Highest Price in

2009

Rs.

49.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

25.09

Ordinary Shares Bonus (%)

64.5

Average Price in

2009

Rs.

38.13

Preference Shares(%)

Investment Yield%

Production Desc
Power generation

17

Units

Capacity

Actual Production

M.Wh.

11,755,920

7,545,364

Mari Gas Company Ltd.

21 Mauve Area, 3rd Road, Sector G-10/4, Islamabad.

Management

Banker

Lt. Gen. Hamid Rab Nawaz(Chairman)

Auditor

Habib Bank Ltd.

M/S Yousuf Adil Saleem & Co.

Lt.Gen.(Retd.) Mushtaq Hussain(M.D. / C.E.O.) National Bank Of Pakistan

Mr. Qaiser Javed(Director)

Bank Alfalah Ltd.

Brig.(Retd.) Rahat Khan(Director)

Hong Kong & Shanghai Banking Corp.

Brig.(Retd.) Arif Rasul Qureshi(Director)

Allied Bank Of Pakistan Ltd.

Dr. Nadeem Inayat(Director)

Askari Bank Ltd.

Mr. Muhammad Razi Abbas(Director)

United Bank Ltd.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

148.83
266.84

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

32.17

Lowest Price in

2009

Rs.

72.58

Ordinary Shares Bonus (%)

100

Average Price in

2009

Rs.

154.98

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Oil & gas exploration

533

Actual Production

National Refinery Ltd.

7-B, Korangi Industrial Zone, P.O.Box.8228, Karachi-74900

Management

Banker

Dr. Ghaith R. Pharaon(Chairman)

Faysal Bank Ltd.

Mr. Shuaib A. Malik(Director)

Habib Metropolitan Bank Limted

Mr. Laith A. Pharaon(Director)

Habib Bank Ltd.

Mr. Wael G. Pharaon(Director)

Natioanl Bank of Paksitan

Mr. Abdus Sattar(Director)

United Bank Ltd.

Auditor
M/S A. F. Ferguson & Co.

Mr. Tarik Kivanc(Director)

Mr. Firasat Ali(Director)
Date of Annual General Meeting

19th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

220.02

Highest Price in

2009

Rs.

296.99

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

85.89

Ordinary Shares Bonus (%)

125

Average Price in

2009

Rs.

189.37

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Refineing of crude oil for fuel

M.Tons

2,710,500

2,423,683

Refineing of crude oil for lube

M.Tons

620,486

673,666

Oil & Gas Development Company Ltd. (OGDC)

OGDCL House, Plot No. 3, F-6/G-6, Blue Area, Jinnah Avenue, Islamabad

Management

Banker

Auditor

Mr. Farooq Rahmatullah(Chairman)

National Bank of Pakistan.

KPMG Taseer Hadi & Co.

Mr. Zahid Hussain(M.D. / C.E.O.)

Habib Bank Ltd.

M/s M. Yousuf Adil Saleem & Co.

Mr. Muhammad Ejaz Chaudhry(Director)

Faysal Bank Ltd.

Mr. Tariq Iqbal Khan(Director)

Bank Alfalah Ltd.

Mr. Sikander Hayat Jamali(Director)

Bank Al-Habib Ltd.

Mr. Waqar A Malik(Director)

Habib Metropolitan Bank Ltd.

Mr. Rafique Dawood(Director)

Askari Bank Ltd.

Date of Annual General Meeting

28th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

78.64

Highest Price in

2009

Rs.

125.49

Lowest Price in

2009

Rs.

40.56

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

87.64

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

82.5

Units

Capacity

Oil & gas exploration

534

Actual Production

Pakistan Oilfields Ltd.

P.O L. House, Morgah, Rawalpindi

Management

Banker

Mr. Shuaib A. Malik(Chairman)

Askari Bank Ltd.

Mr. Sajid Nawaz(Chief Executive)

Faysal Bank Ltd.

Mr. Arif Kemal(Director)

Habib Bank Ltd.

Mr. Muhammad Najam Ali(Director)

MCB Bank Ltd.

Dr. Ghaith R. Pharaon(Director)

United Bank Ltd.

Auditor
M/S A. F. Ferguson & Co.

Mr. Laith G. Pharaon(Director)

Mr. Wael G. Pharaon(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

145.90

Highest Price in

2009

Rs.

369.48

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

78.00

Ordinary Shares Bonus (%)

180

Average Price in

2009

Rs.

211.88

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Oil & gas exploration

Pakistan Petroleum Ltd.

PIDC House, Dr. Ziauddin Ahmed Road, Karachi-75530.

Management

Banker

Mr. M.A.K. Alizai(Chairman)

Allied Bank Ltd.

Mr. Khalid Rahman(M.D. / C.E.O.)

Askari Bank Ltd.

Mr. S.R. Poonegar(Director)

Bank Al-Falah Ltd.

Mr. Sajid Zahid(Director)

Bank Al-Habib Ltd.

Mr. Irshad Ahmed Kaleemi(Director)

Citibank N.A.

Mr. Pervaiz Kausar(Director)

Deutsche Bank A.G.

Mr. Khushhal Khan(Director)

Faysal Bank Ltd.

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

29th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

189.54
248.50

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

130

Lowest Price in

2009

Rs.

98.50

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

187.64

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Oil & gas exploration

535

Actual Production

Pakistan Refinery Ltd.

P.O.Box No. 4612, Korangi Creek Road, Karachi-74900

Management

Banker

Mr. Farooq Rahmatullah(Chairman)

RBS Bank Ltd.

Mr. Ijaz Ali Khan(M.D. / C.E.O.)

Bank Al-Habib Ltd.

Mr. Ardeshir Cowasjee(Director)

HSBC Bank Middle East Ltd.

Mr. Zaiviji Ismail Bin Abdullah(Director)

Askari Bank Ltd.

Mr. Irfan K. Qureshi(Director)

Bank Al-Falah Ltd.

Mr. Asif Sindhu(Director)

Citibank N.A.

Mr. Sabar Husain(Director)

Habib Metropolitan Bank Ltd.

Auditor
M/s A. F. Ferguson & Co.

Date of Annual General Meeting

22nd October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

89.80

Percentage Dividend rate :

Highest Price in

2009

Rs.

149.87

Ordinary Shares (%)

Lowest Price in

2009

Rs.

47.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

95.77

Preference Shares(%)

Investment Yield%

Production Desc
Crude oil refining

, 2009

10.00

Units

Capacity

Actual Production

M. Tons

2,133,705

1,888,326

Pakistan State Oil Company Ltd.

PSO House, Khayaban-e-Iqbal, P.O.Box No. 3983, Clifton, Karachi

Management

Banker

Auditor

Sardar Muhammad Yasin Malik(Chairman)

RBS Bank Ltd.

M/s. A. F. Ferguson & Co.

Mr. Irfan K. Qureshi(Managing Director)

Allied Bank Of Pakistan Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Mohammad Ejaz Chaudhry(Director)

Habib Metropolitan Bank Ltd.

Mr. Mohammad Akhtar(Director)

Askari Bank Ltd.

Mr. Muhammad Yousaf Qamar Hussain Siddiqui Bank Al-Habib Ltd.

Mr. Arshad Said(Director)

Bank Alflah Limited

Mr. Istaqbal Mehdi(Director)

Citibank N.A.

Date of Annual General Meeting

29th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

213.65

Highest Price in

2009

Rs.

439.99

Lowest Price in

2009

Rs.

92.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

272.73

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

50

Units

Capacity

Oil distribution

536

Actual Production

S.G. Power Ltd.

Plot No. B-40, S. I. T. E., Karachi

Management

Banker

Mr. S. M. Ahmed(Chairman / C.E.O.)

Habib Bank Ltd.

Mst. Ghazala Ahmed(Director)

Soneri Bank Ltd.

Mr. Rafiq Ahmed(Director)

Mybank Ltd.

Auditor
M/S Muniff Ziauddin & Co.

Mrs. Tania Asim(Director)

Mr. Abdul salam(Director)
Mr. mohammad Hanif(Director)
Mst. Zubaida Khatoon(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.40

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.88

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Electricity

KWH

91,419,360

Nil

Steam

Kilograms

50,280,648

Nil

Shell Gas LPG (Pakistan) Ltd.

Adjacent to Pakistan Refinery Ltd., Korangi Creek, Karachi

Management

Banker

Mr.Zaiviji Ismail bin Abdullah(Chairman)

Citibank N.A.

Ms. Fawzia Kazmi(G.M. / C.E.O.)

Habib Bank Ltd.

Mr. Adam Harrison(Director)

MCB Bank Ltd.

Ms. Sok Mei Wong(Director)

Standard Chartered Bank Ltd.

Mr. Istaqbal Mehdi(Director)

National Bank of Pakistan

Mr. Sameer Amin(Director)

United Bank Ltd.

Ms. Khurshid Bhaimia(Director)

Royal Bank of Scotland

Auditor
M/S A. F. Ferguson & Co.

Date of Annual General Meeting

16th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

53.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

143.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

36.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

77.74

Preference Shares(%)

Investment Yield%

Production Desc
LPG bottle filling

, 2009

Units
M. Tons per day

537

Capacity

Actual Production

85

indeterminable

Shell Pakistan Ltd.

Shell House, 6, Ch. Khaliquzzaman Road, Karachi

Management

Banker

Auditor

Mr. Zaiviji Ismail bin Abdullah(Chairman / C.E.O. Bank Al-Habib Ltd.

Ms. Shahnaz Wazir Ali(Director)

Citibank N.A.

Mr. Rafi H. Basheer(Director)

Habib Bank Ltd.

Mr. Farrakh K. Captain(Director)

MCB Bank Ltd.

Mr. Michael Noll(Director)

United Bank Ltd.

M/S A. F. Ferguson & Co.

Mr. Badaruddin F. Vellani(Director)

Mr. Yousuf Ali(Director)
Date of Annual General Meeting

20th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

330

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

250.36

Highest Price in

2009

Rs.

294.80

Lowest Price in

2009

Rs.

151.38

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

226.14

Preference Shares(%)

Investment Yield%

Production Desc

Units

11

Capacity

Actual Production

Oil distribution

Sitara Energy Ltd.

601-602 Business Centre, Mumtaz Hassan Road, Karachi-74000.

Management

Banker

Auditor

Mr. Javed Iqbal(Chief Executive)

Al-Baraka Islamic Bank B.S.C.(E.C.)

M/s Avais Hyder Liaquat Nauman & Co.

Mr. Muhammad Anis(Director)

Allied Bank Of Pakistan Ltd.

Mr. Imran Ghafoor(Director)

Faysal Bank Ltd.

Mr. Muhammad Adrees(Director)

National Bank Of Pakistan

Mrs. Sharmeen Imran(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Miss Hiniah Javed(Director)

The Bank Of Punjab

Mrs Naureen Jawed(Director)

Bank Al-Falah Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

19.55

Highest Price in

2009

Rs.

27.10

Lowest Price in

2009

Rs.

17.65

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

22.38

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Power generation

20

Units
Mega Watt Hours

538

10

Capacity

Actual Production

713,590

371,785

Southern Electric Power Co. Ltd.

No. 38, First Street, F-6/3, Islamabad.

Management

Banker

Mr. Taj ud Deen Kurji(Chairman / C.E.O.)

Faysal Bank Ltd.

Mr. Anthony Rustin(Director)

RBS Bank Ltd.

Mr. Klaus Triendl(Director)

United Bank Limited

Ms. Carole Linda Idris(Director)

Natioanl Bank of Paksitan

Mr. S. M. Ghalib(Director)

Askari Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Stephane Mailhot(Director)

Mr. Rashid Mirza(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.21

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.35

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Electric Generation

Capacity

Actual Production

119,458

48,202

MWH

Sui Northern Gas Pipelines Ltd.

Gas House, 21-Kashmir Road,P.O.Box # 56, Lahore

Management

Banker

Auditor

Mr. Tariq Iqbal Khan(Chairman)

Allied Bank Of Pakistan Ltd.

M/s Ford Rhodes Sidat Hyder & Co.

Mr. Abdul Rashid Lone(M.D. / C.E.O.)

Citibank N.A.

M/s Riaz Ahmad & Co.

Mr. Muhammad Razi Abbas(Director)

Habib Bank Ltd.

Mr. S. M. Asghar(Director)

MCB Bank Ltd.

Mr. A. Samad Dawood(Director)

United Bank Ltd.

Mr. Arif Ibrahim(Director)

Mr. Abdul Bari Khan(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

31.95

Percentage Dividend rate :

Highest Price in

2009

Rs.

45.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.52

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

34.02

Preference Shares(%)

Investment Yield%

Production Desc
Transmission of naturl gas

, 2009

Units
HM3

539

Capacity

Actual Production

459,234

504,034

Sui Southern Gas Company Ltd.

St-4/B Block-14, Sir Shah Muhammad Suleman Road, Gulshan-e-Iqbal, Karachi-75300

Management

Banker

Mr. Salim Abbas Jilani(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Umair Khan(Managing Director)

Habib Bank Ltd.

Mr. Saeedullah Shah(Director)

MCB Bank Ltd.

Mr. Zahid Hussain(Director)

Union Bank Ltd.

Mr. Javiad Bashir Shaikh(Director)

United Bank Ltd.

Auditor
M/s. KPMG Taseer Hadi & Co.

Mirza Mehmood Ahmad(Director)

Mr. Nassar Ahmed(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

28.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

10.26

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

17.34

Preference Shares(%)

Investment Yield%

Production Desc
Natural gas transmissios

, 2009

Units

Capacity

Actual Production

MMCF

509,328

422,282

The Hub Power Company Ltd.

C/o.Famco Associates (Pvt.) Ltd., 12, Capital Shopping Centre, 2nd Floor, G-11 Markaz, Islamabad.

Management

Banker

Auditor

Mr. Javed Mehmood(Chief Executive)

Allied Bank Ltd.

M/s. M. Yousaf Adil Saleem & Co.

Mr.M.A.Alireza,H.l.(Director)

Citibank N.A.

Dr.Fereydoomn Abtahi(Director)

National Bank Of Pakistan

Mr. R.A.Bramley(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Malcom Clampin(Director)

Sumitomo Mitsui Banking Corporation London

Mr. Vince R. Harris(Director)

Bank AL-Falah Limited

Mr. Arif Ijaz(Director)

Pak China investment Company Limited

Date of Annual General Meeting

30th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

27.09

Highest Price in

2009

Rs.

29.45

Lowest Price in

2009

Rs.

12.38

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

21.34

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Power Generation

33.5

16

Units

Capacity

Actual Production

G.Wh.

10,512

8,257

540

Tri-Star Power Ltd.

F/498, S.I.T.E. Karachi-75700

Management

Banker

Auditor

Mr. Mohammad Ahmad Ismail(Chairman / C.E.O Bank Al-Habib Ltd.

Mr. Rashid Ahmad(Director)

Citibank N.A.

Mr. Tahir Ahmad(Director)

Habib Bank Ltd.

M/s. Ghalib & Co.

Mr. Habib Jamal(Director)

Mrs. Farnaz Ahmad(Director)
Mrs. Aliya Ahmad(Director)
()
Date of Annual General Meeting

29th August , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.23

Percentage Dividend rate :

Highest Price in

2009

Rs.

2.84

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.40

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Power generation

541

Actual Production

Transport & Communication Sector

Transport And Communication Sector

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

544

2005

2006

2007

2008

2009

76325.2
84396.8
86580.1
90471.1
92442.1
95822.6
44666.6
56696.4
51480.4
33185.0
-8628.1
2474.9
120991.8 141093.2 138060.5 123656.1
83814.0
98297.5
0.0
180.0
180.0
1520.0
180.0
180.0
14760.9
16553.0
15395.9
12715.4
16796.6
20726.4
34722.4
27667.5
52751.5
67269.8
96873.3
86425.0
49483.3
44400.5
68327.4
81505.2 113849.9 107331.4
170475.1 185493.7 206387.9 205161.3 197663.9 205628.9
52598.0
45484.3
54475.9
42531.8
20681.5
36698.3
10066.2
24802.8
17777.6
32245.6
54287.7
54204.3
17578.8
104.7
56.5
102422.4
99876.7 108736.7
80189.6
62030.7
94258.6
129672.9 106431.2 162586.0
22232.8
37846.0
14478.1
62146.1
55520.8
96299.3
-27591.6 -16546.4 -39782.7

57538.3
38268.7
19269.6
41468.5
8409.1
107415.9
112998.9
194504.1
-5583.0
117462.5
-55460.6

44360.8
26996.2
17364.6
58635.2
302.1
103298.1
177786.0
291635.9
-74487.9
163832.4
-133425.2

59194.4
16156.6
43037.8
70566.3
2021.7
131782.4
165390.1
272721.5
-33607.7
124281.2
-106195.7

213337.5 301464.1 360922.4 397263.3 450551.8 449461.4

148242.3 147647.7 191909.7 210744.2 272151.8 239236.7
13442.3
17223.7
17548.5
21330.2
26392.0
18694.0
250664.7 247524.4 300646.4 318160.1 375449.9 371019.1
159890.7 175385.9 173115.6 189668.8 207058.3
159877.6 175385.9 171446.4 187797.6 206093.3
13.1
0.0
1669.2
1871.2
965.0
92828.4
95220.8 109658.7 127060.6 152596.4
67062.3
80165.1
63456.9
62608.2
54461.9
113318.1 136098.3 151021.8 172209.7 242463.1
51136.6
45015.6
28224.2
26001.3 -27608.4
3254.6
3953.3
6591.8
10387.1
12787.6
47882.0
41062.3
21632.4
15614.2 -40396.0
16726.1
15111.6
11128.9
958.0
1297.6
25628.6
593.0
308.4 10437.3
791.4
57.2
29.7
220.9
89.8
239.0

181041.7
172951.8
8089.9
135293.0
45748.7
172227.6
15786.5
11662.6
4123.9
4468.5
8460.9
181.9

38901.0
15018.6
5527.3
25357.7
33373.7 -10339.1

20894.2
10195.1
10699.1

-1226.6
4218.9
-5445.5

-7497.4
-42485.0
34987.6

7965.0
-8805.5
16770.5

18969.6
52343.3

42581.4
32242.3

27743.6
38442.7

25549.1 -16093.0
20103.6
18894.6

9888.5
26659.0

29.0
127.7
105.8
107.2
19.1
14.2
36.2
158.5
70.9
6.4
2.0
5.2
34.9
3.5
39.6

23.9
161.0
160.8
75.4
16.6
168.8
132.1
167.2
77.6
8.8
2.3
7.1
36.8
12.9
29.1

33.1
115.4
115.3
117.8
7.2
48.8
72.2
159.5
87.2
23.4
3.8
6.8
51.4
14.4
15.7

39.7
95.1
87.6
157.3
4.9
-344.0
127.1
136.7
90.8
39.9
5.5
8.8
6.1
11.3
12.6

57.6
58.1
57.9
348.0
-10.8
566.7
-85.2
90.7
117.1
-46.3
6.2
7.8
-3.2
10.9
-48.2

52.2
79.7
78.5
277.4
1.1
-110.6
37.1
102.6
95.1
73.9
6.4
9.4
108.4
13.6
4.2

121.6
21.2
29.9
6.3
4.1
10.7
63.8
1.6
17.6
15.9

4376.2
0.4
23.4
4.9
3.1
12.3
70.9
-22.2
9.7
16.7

3405.8
0.2
12.5
2.5
1.2
11.6
57.6
-49.0
-1.3
15.9

140.4
8.4
8.2
1.7
1.6
11.0
59.6
-32.0
9.6
13.7

-5268.3
0.9
-19.5
-4.4
-4.5
11.4
55.1
-358.8
9.2
9.1

-4.1
8.6
2.3
0.4
0.0
8.4
48.8
-109.1
-12.6
10.3

Transport & Communication

Operating, Financial & Investment Ratios

400
350
300
%

250
200
150

100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Callmate Telips Telocom Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

546

2004

2005

2006

2007

2008

2009

502.5
4.1
506.6
0.0
0.0
0.0
0.0
506.6

502.5
417.0
919.5
0.0
0.0
5.1
5.1
924.6

653.7
745.4
1399.1
0.0
0.0
3.5
3.5
1402.6

653.7
384.7
1038.4
0.0
0.0
110.0
110.0
1148.4

653.7
384.7
1038.4
0.0
0.0
110.0
110.0
1148.4

653.7
384.7
1038.4
0.0
0.0
110.0
110.0
1148.4

202.0
202.0
0.0
397.9
8.8
608.7
340.8
340.8
267.9
112.9
-138.8

392.0
392.0
0.0
984.2
4.5
1380.7
1170.1
1175.2
210.6
43.6
-778.1

33.2
33.2
0.0
1484.2
4.5
1521.9
1876.9
1880.4
-355.0
680.5
-1843.7

19.1
19.1
0.0
1889.9
5.2
1914.2
2316.3
2426.3
-402.1
1043.3
-2297.2

19.1
19.1
0.0
1889.9
5.2
1914.2
2316.3
2426.3
-402.1
1043.3
-2297.2

19.1
19.1
0.0
1889.9
5.2
1914.2
2316.3
2426.3
-402.1
1043.3
-2297.2

363.4
238.8
29.8
847.5

914.6
714.1
76.8
2094.8

2059.5
1757.6
101.5
3279.5

1991.3
1550.4
141.8
3464.6

1991.3
1550.4
141.8
3464.6

1991.3
1550.4
141.8
3464.6

1440.9
1440.9
0.0
1183.7
257.2
1353.2
125.3
10.7
114.6
7.2
0.0
0.0

3276.9
3276.9
0.0
2218.4
1058.5
2584.6
698.5
25.4
673.1
162.3
0.0
0.0

4536.9
3360.7
1176.2
3398.0
1138.9
3870.7
694.1
57.4
636.7
16.2
50.3
100.9

3150.7
2187.3
963.4
2561.0
589.7
3664.7
-436.3
139.7
-576.0
15.0
0.0
0.0

3150.7
2187.3
963.4
2561.0
589.7
3664.7
-436.3
139.7
-576.0
15.0
0.0
0.0

3150.7
2187.3
963.4
2561.0
589.7
3664.7
-436.3
139.7
-576.0
15.0
0.0
0.0

107.4
-

418.0
510.8
-92.8

478.0
570.2
-92.2

-254.2
-591.0
336.8

0.0
-591.0
591.0

0.0
-591.0
591.0

137.2
-

587.6
494.8

671.7
579.5

-449.2
-112.4

-449.2
141.8

-449.2
141.8

0.0
178.6
176.0
67.3
13.5
0.0
0.0
100.8
93.9
8.5
0.7
9.5
6.3
11.4
22.6

0.6
118.0
117.6
127.8
32.1
122.2
118.8
183.0
78.9
3.6
0.8
58.3
24.1
21.6
73.2

0.2
81.1
80.8
134.4
19.4
119.3
115.9
214.0
85.3
8.3
1.3
8.4
2.5
21.9
45.5

9.6
82.6
82.4
233.7
-16.6
232.5
399.6
158.8
116.3
-32.0
4.4
13.4
-2.6
41.8
-55.5

9.6
82.6
82.4
233.7
-16.6
0.0
-316.8
158.8
116.3
-32.0
4.4
13.4
-2.6
41.8
-55.5

9.6
82.6
82.4
233.7
-16.6
0.0
-316.8
158.8
116.3
-32.0
4.4
13.4
-2.6
41.8
-55.5

0.0
8.0
2.3
2.1
19.3
170.0
10.1

0.0
20.5
13.4
10.2
32.2
156.4
482.6
127.4
18.3

1233.6
3.6
14.0
9.7
9.5
14.2
138.3
-27.6
38.5
21.4

0.0
0.0
-18.3
-8.8
-9.0
8.1
90.9
-190.7
-30.6
15.9

0.0
0.0
-18.3
-8.8
-9.0
8.1
90.9
0.0
0.0
15.9

0.0
0.0
-18.3
-8.8
-9.0
8.1
90.9
0.0
0.0
15.9

Eye Television Network Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

547

2005

2006

2007

2008

2009

350.0
-150.3
199.7
0.0
0.0
0.0
0.0
199.7

500.0
-100.1
399.9
0.0
0.0
20.4
20.4
420.3

500.0
-2.2
497.8
0.0
0.0
78.0
78.0
575.8

500.0
224.1
724.1
0.0
0.0
52.8
52.8
776.9

500.0
217.6
717.6
0.0
0.0
43.0
43.0
760.6

29.0
29.0
0.0
98.7
0.3
128.0
45.5
45.5
82.5
0.0
-16.5

12.1
12.1
0.0
379.4
0.1
391.6
98.2
118.6
293.4
27.8
-86.1

31.2
31.2
0.0
388.2
101.8
521.2
110.0
188.0
411.2
91.8
-78.8

64.0
64.0
0.0
775.2
0.8
840.0
240.4
293.2
599.6
91.4
-176.4

63.9
63.9
0.0
908.7
0.8
973.4
430.2
473.2
543.2
69.1
-366.3

128.6
117.2
11.5
245.2

154.3
126.9
20.4
518.5

218.1
164.7
26.1
685.9

260.1
177.3
29.3
1017.3

329.7
217.4
29.8
1190.8

21.0
21.0
0.0
95.0
-74.0
164.4
-142.0
0.2
-142.2
0.1
0.0
0.0

520.0
520.0
0.0
439.5
80.5
530.1
-7.9
0.5
-8.4
1.6
0.0
0.0

1154.4
1154.4
0.0
863.7
290.7
1002.8
154.3
8.0
146.3
3.1
0.0
0.0

1453.9
1453.9
0.0
864.6
589.3
1093.6
366.1
11.2
354.9
117.9
0.0
0.0

1116.9
1116.9
0.0
443.2
673.7
739.2
408.4
37.3
371.1
128.1
265.0
0.0

-142.3
-

220.6
-10.0
230.6

155.5
143.2
12.3

201.1
237.0
-35.9

-16.3
-22.0
5.7

-130.8
-

10.4
241.0

169.3
181.6

266.3
230.4

7.8
13.5

0.0
281.3
280.7
22.8
-58.0
0.0
0.0
57.1
782.9
1.0
81.4
-71.2

4.9
398.8
398.7
29.7
-1.6
-4.5
4.3
80.0
101.9
-6.3
0.1
1.8
-19.0
30.9
-2.1

13.5
473.8
381.3
37.8
21.3
92.1
93.2
99.6
86.9
5.2
0.7
8.7
2.1
21.2
29.4

6.8
349.4
349.1
40.5
34.9
117.9
115.6
144.8
75.2
3.1
0.8
12.3
33.2
32.5
49.0

5.7
226.3
226.1
65.9
31.2
135.0
57.8
143.5
66.2
9.1
3.3
54.0
34.5
36.6
51.7

0.0
-677.1
-4.1
-4.1
0.0
8.6
-510.0
5.7

0.0
0.0
-1.6
-0.2
-0.2
17.4
100.3
-95.1
2376.2
8.0

0.0
0.0
12.7
2.9
2.9
20.6
168.3
-1550.0
122.0
10.0

0.0
0.0
24.4
7.1
4.7
17.8
142.9
144.8
25.9
14.5

91.7
36.9
33.2
7.4
4.9
16.8
93.8
4.2
-23.2
14.4

Media Times Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

548

2005

2006

2007

2008

2009

1341.4
-56.5
1284.9
0.0
0.0
372.2
372.2
1657.1

84.2
9.2
75.0
538.2
95.4
717.8
392.5
764.7
325.3
646.6
-308.3

1522.6
1331.9
85.5
2049.7

504.4
504.4
0.0
324.8
179.6
511.9
14.4
38.1
-23.7
0.7
0.0
0.0

-24.4
-

61.1
-

22.5
182.9
158.6
59.5
-1.2
0.0
0.0
95.8
101.5
264.6
7.6
5.9
-3.0
37.6
-1.8

0.0
0.0
-4.7
-0.2
-0.2
7.4
24.6
-120.0
9.6

Netsol Technologies Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

549

2005

2006

2007

2008

2009

255.0
318.4
573.4
0.0
0.0
1.9
1.9
575.3

354.8
518.1
872.9
0.0
0.0
7.9
7.9
880.8

408.0
687.3
1095.3
0.0
0.0
13.0
13.0
1108.3

597.4
966.0
1563.4
0.0
0.0
18.1
18.1
1581.5

779.1
728.0
1507.1
0.0
0.0
111.7
111.7
1618.8

63.9
18.9
45.0
360.5
0.0
424.4
79.1
81.0
345.3
27.0
-15.2

142.5
127.3
15.2
536.2
0.0
678.7
105.6
113.5
573.1
53.4
36.9

82.7
67.5
15.2
449.4
499.0
1031.1
286.9
299.9
744.2
150.3
-204.2

143.1
127.9
15.2
1361.1
0.0
1504.2
460.4
478.5
1043.8
232.9
-317.3

243.2
228.0
15.2
1220.7
0.0
1463.9
426.0
537.7
1037.9
337.8
-182.8

281.3
230.0
23.0
654.4

396.7
307.8
32.0
986.5

468.9
364.2
31.8
1395.3

720.0
537.5
72.8
2041.7

728.1
581.0
88.1
2044.9

433.5
433.5
0.0
153.0
280.5
231.0
205.3
4.0
201.3
0.8
0.0
29.7

600.2
110.0
490.2
291.7
308.5
448.8
175.1
5.8
169.3
1.6
0.0
0.0

1082.4
174.7
907.7
465.8
616.6
665.1
439.0
9.5
429.5
4.1
0.0
89.8

1556.2
1556.2
0.0
613.5
942.7
898.6
790.8
14.3
776.5
6.9
59.7
239.0

1081.3
154.4
926.9
628.8
452.5
995.4
320.2
19.5
300.7
0.0
0.0
0.0

200.5
-

305.5
167.7
137.8

227.5
425.4
-197.9

473.2
709.9
-236.7

37.3
300.7
-263.4

223.5
-

199.7
337.5

457.2
259.3

782.7
546.0

388.8
125.4

0.3
536.5
536.5
14.1
30.8
0.0
0.0
224.9
53.3
1.9
0.9
14.8
0.4
30.2
35.1

0.9
642.7
642.7
13.0
17.2
54.9
59.2
246.0
74.8
3.3
1.0
10.9
0.9
25.1
19.4

1.2
359.4
185.5
27.4
30.8
187.0
176.3
268.5
61.4
2.2
0.9
6.3
1.0
29.5
39.2

1.1
326.7
326.7
30.6
38.0
150.0
143.4
261.7
57.7
1.8
0.9
6.1
0.9
27.8
49.7

6.9
343.6
343.6
35.7
14.7
806.2
310.0
193.4
92.1
6.1
1.8
5.8
0.0
57.7
20.0

0.0
46.4
7.9
7.9
11.8
66.2
690.0
22.5

0.0
0.0
28.2
4.8
4.7
13.5
60.8
-39.2
38.5
24.6

0.0
0.0
39.7
10.5
10.4
10.3
77.6
118.8
80.3
26.8

1289.1
3.8
49.9
13.0
12.9
20.0
76.2
23.8
43.8
26.2

0.0
0.0
27.8
3.9
3.9
16.4
52.9
-70.0
-30.5
19.3

Pak Datacom Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

550

2004

2005

2006

2007

2008

2009

71.3
118.3
189.6
0.0
0.0
0.0
0.0
189.6

71.3
187.2
258.5
0.0
0.0
0.0
0.0
258.5

71.3
260.4
331.7
0.0
0.0
0.0
0.0
331.7

78.4
323.4
401.8
0.0
0.0
0.0
0.0
401.8

78.4
398.1
476.5
0.0
0.0
0.0
0.0
476.5

78.4
512.9
591.3
0.0
0.0
0.0
0.0
591.3

92.4
92.4
0.0
105.1
0.0
197.5
176.7
176.7
20.8
0.0
-84.3

191.1
191.1
0.0
128.5
0.0
319.6
271.4
271.4
48.2
0.0
-80.3

194.1
45.6
148.5
157.3
0.0
351.4
258.7
258.7
92.7
0.0
-64.6

193.2
63.5
129.7
197.3
0.0
390.5
275.1
275.1
115.4
0.0
-81.9

178.8
82.4
96.4
296.6
0.0
475.4
356.5
356.5
118.9
0.0
-177.7

361.3
127.3
234.0
234.6
0.0
595.9
409.9
409.9
186.0
0.0
-48.6

284.8
168.8
18.9
366.3

339.6
210.3
24.4
529.9

395.2
239.0
28.1
590.4

493.5
286.3
51.0
676.8

614.9
357.6
70.0
833.0

690.1
405.3
75.6
1001.2

217.1
204.0
13.1
109.0
108.1
188.8
29.2
0.4
28.8
9.6
14.3
0.0

417.5
417.5
0.0
184.8
232.7
307.5
119.0
0.5
118.5
36.8
14.3
0.0

513.8
511.0
2.8
241.0
272.8
364.4
164.3
0.3
164.0
48.8
0.0
0.0

523.5
523.5
0.0
301.0
222.5
386.7
158.3
0.3
158.0
52.5
39.2
0.0

690.5
688.9
1.6
420.8
269.7
547.3
175.5
0.3
175.2
43.0
31.4
0.0

1042.1
1042.1
0.0
814.5
227.6
814.5
249.5
0.6
248.9
88.7
54.9
0.0

2.3
4.9
-2.6

68.9
67.4
1.5

73.2
115.2
-42.0

70.1
66.3
3.8

74.7
100.8
-26.1

114.8
105.3
9.5

23.8
21.2

91.8
93.3

143.3
101.3

117.3
121.1

170.8
144.7

180.9
190.4

0.0
111.8
111.8
93.2
7.9
213.0
112.3
265.9
87.0
1.4
0.2
33.3
22.9
15.2

0.0
117.8
117.8
105.0
22.4
97.8
98.4
362.6
73.7
0.4
0.1
31.1
13.1
45.8

0.0
135.8
135.8
78.0
27.8
157.4
141.5
465.2
70.9
0.2
0.1
0.0
29.8
14.6
49.4

0.0
141.9
141.9
68.5
23.3
94.6
96.9
512.5
73.9
0.2
0.1
0.0
33.2
18.5
39.3

0.0
133.4
133.4
74.8
21.0
134.9
118.0
607.8
79.3
0.2
0.0
0.0
24.5
25.0
36.8

0.0
145.4
145.4
69.3
24.9
91.7
95.0
754.2
78.2
0.2
0.1
0.0
35.6
9.7
42.1

134.3
7.5
13.3
4.0
2.7
11.7
59.3
48.1
18.7
26.6

571.3
5.5
28.4
16.6
11.5
14.5
78.8
315.0
92.3
36.3

0.0
0.0
31.9
23.0
16.2
13.4
87.0
38.6
23.1
46.5

269.1
9.8
30.2
20.2
13.5
21.3
77.3
-12.2
1.9
51.3

421.0
6.6
25.4
22.3
16.9
24.4
82.9
10.4
31.9
60.8

291.8
9.3
23.9
31.7
20.4
21.1
104.1
42.2
50.9
75.4

Pakistan Int. Container Terminal Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

551

2004

2005

2006

2007

2008

2009

638.0
-40.8
597.2
0.0
0.0
962.6
962.6
1559.8

758.0
194.9
952.9
180.0
0.0
910.8
1090.8
2043.7

758.0
506.9
1264.9
180.0
0.0
1453.2
1633.2
2898.1

758.0
832.7
1590.7
180.0
0.0
1665.9
1845.9
3436.6

909.6
1215.8
2125.4
180.0
0.0
2041.1
2221.1
4346.5

909.6
1874.7
2784.3
180.0
0.0
2889.3
3069.3
5853.6

133.2
133.2
0.0
193.1
0.0
326.3
289.8
1252.4
36.5
1026.1
-156.6

521.5
521.5
0.0
275.3
0.0
796.8
422.4
1513.2
374.4
1040.9
99.1

757.7
756.4
1.3
458.9
0.0
1216.6
702.6
2335.8
514.0
1624.8
55.1

841.5
380.5
461.0
339.7
168.5
1349.7
917.8
2763.7
431.9
1893.7
-76.3

1097.1
390.5
706.6
652.6
0.0
1749.7
1393.3
3614.4
356.4
2481.9
-296.2

1052.0
491.2
560.8
914.4
0.0
1966.4
1869.2
4938.5
97.2
3420.9
-817.2

1586.4
1523.3
51.3
1849.6

1865.7
1669.4
134.7
2466.2

2721.0
2384.0
141.9
3600.6

3552.1
3004.7
212.9
4354.4

4762.0
3990.3
240.3
5740.0

6801.5
5756.5
281.0
7722.9

372.6
372.6
0.0
260.5
112.1
312.5
64.5
18.9
45.6
1.9
0.0
0.0

1342.7
1342.7
0.0
806.3
536.4
934.3
412.5
73.4
339.1
6.5
3.4
0.0

1707.8
1707.8
0.0
1067.1
640.7
1210.9
539.6
89.0
450.6
8.6
18.0
0.0

2218.9
2218.9
0.0
1410.8
808.1
1586.5
699.6
179.5
520.1
10.9
0.0
0.0

3194.5
3194.5
0.0
1868.9
1325.6
2340.7
941.3
200.4
740.9
141.3
290.9
0.0

4564.3
4564.3
0.0
2494.8
2069.5
3281.8
1383.6
209.0
1174.6
20.5
91.0
181.9

43.7

483.9
329.2
154.7

854.4
424.0
430.4

538.5
509.2
29.3

909.9
308.7
601.2

1507.1
1063.1
444.0

463.9
618.6

565.9
996.3

722.1
751.4

549.0
1150.2

1344.1
1788.1

61.7
112.6
112.6
209.7
2.5
0.0
0.0
93.6
83.9
29.3
5.1
1.8
4.2
18.0
7.6

53.4
188.6
188.6
158.8
13.7
68.0
75.0
125.7
69.6
17.8
5.5
7.1
1.9
9.3
35.6

56.4
173.2
173.2
184.7
12.5
49.6
56.8
166.9
70.9
16.5
5.2
5.5
1.9
9.9
35.6

53.7
147.1
128.7
173.7
11.9
94.6
96.1
209.9
71.5
25.7
8.1
9.5
2.1
6.2
32.7

51.1
125.6
125.6
170.1
12.9
33.9
47.7
233.7
73.3
21.3
6.3
8.1
19.1
7.8
34.9

52.4
105.2
105.2
177.4
15.2
70.5
75.2
306.1
71.9
15.1
4.6
6.1
1.7
8.5
42.2

0.0
12.2
0.7
0.7
19.8
20.1

9782.4
0.4
25.3
4.5
4.4
8.1
54.4
542.9
260.4
12.6

2455.6
1.4
26.4
5.9
5.8
8.5
47.4
31.1
27.2
16.7

0.0
0.0
23.4
6.9
6.7
8.9
51.0
16.9
29.9
21.0

206.1
13.7
23.2
8.1
6.6
12.0
55.7
17.4
44.0
23.4

1268.2
3.3
25.7
12.9
12.7
7.0
59.1
59.3
42.9
30.6

95.0
-

9.4

Pakistan International Airlines Corporation

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

552

16529.9
-777.0
15752.9
0.0
14760.9
27756.9
42517.8
58270.7

2005

2006

2007

2008

2009

17980.7
19473.6
20878.1
21423.0
23280.4
-5071.8 -19433.6 -31913.1 -54865.9 -44145.2
12908.9
40.0 -11035.0 -33442.9 -20864.8
0.0
0.0
0.0
0.0
0.0
14003.9
13247.0
10723.7
12430.1
19597.4
24095.2
49403.9
63561.1
84496.1
78825.9
38099.1
62650.9
74284.8
96926.2
98423.3
51008.0
62690.9
63249.8
63483.3
77558.5

11613.6
3302.3
10409.5
6547.8
10838.9
2614.7
5459.9
1975.5
774.7
687.6
4949.6
4572.3
17458.5
18218.9
17419.8
13373.2
0.0
0.0
0.0
3251.9
29072.1
21521.2
27829.3
23172.9
20331.6
21777.0
44102.6
55420.3
62849.4
59876.1 106753.5 129705.1
8740.5
-255.8 -16273.3 -32247.4
47312.9
43744.5
86246.9 105300.9
-8718.0 -18474.7 -33693.1 -48872.5

5329.7
789.6
4540.1
19216.7
0.0
24546.4
76073.3
172999.5
-51526.9
140031.6
-70743.6

5215.0
742.9
4472.1
21150.6
0.0
26365.6
82362.6
180785.9
-55997.0
111874.6
-77147.6

77183.1
49530.1
4039.6
78602.2

79884.9 109508.0 130110.3 158440.6 162774.5

51263.9
78964.2
95497.2 115010.3 133555.6
4181.0
3449.6
5617.2
8015.1
3487.9
72785.1 106793.5 118670.1 139556.7 159921.2

57788.1
57788.1
0.0
49053.8
8734.3
56939.1
3036.4
2199.1
837.3
288.9
0.0
0.0

64074.5
76435.2
70480.7
88863.3
94563.8
64074.5
76435.2
70480.7
88863.3
94563.8
0.0
0.0
0.0
0.0
0.0
58940.8
74723.3
66222.0
85275.8
78629.4
5133.7
1711.9
4258.7
3587.5
15934.4
67075.5
84928.9
77415.3 122330.3
99123.2
-1725.7
-7710.0
-5935.2 -31636.1
-4064.9
2787.4
5275.4
7135.8
8351.6
9243.8
-4513.1 -12985.4 -13071.0 -39987.7 -13308.7
320.4
382.7
352.4
0.0
472.8
575.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

26953.9
548.4
26405.5

-7262.7
-5408.9
-1853.8

4588.0
30993.5

-1227.9
-3081.7

73.0
143.0
143.0
399.0
1.1
2.0
14.8
95.3
98.5
72.4
3.8
4.6
34.5
7.5
5.3
0.0
0.0
1.4
0.5
0.3
13.6
73.5
-84.4
20.5
9.5

11682.9
558.9
233.5
14075.2
-13368.1 -13423.4 -39987.7 -13781.5
25051.0
13982.3
40221.2
27856.7
-9918.5
15132.5

74.7
99.9
98.8
63.1
98.8
63.1
463.8 266883.8
-6.2
-12.2
-114.4
-65.5
71.8
0.2
104.7
111.1
-68.4
4.4
6.9
6.4
6.1
-2.9
8.2
8.0
-35.0 -32463.5
-840.0
4.5
-7.0
-2.5
-2.7
8.4
88.0
-600.0
10.9
7.2

0.0
0.0
-17.0
-6.7
-6.9
6.7
71.6
168.0
19.3
0.0

-7806.2 -31972.6 -10293.6

6176.1
8248.6
17563.1
117.4
152.7
41.8
32.3
35.9
32.3
0.0
0.0
-11.0
-28.7
-2401.8 -17125.4
-126.4
-387.6
-52.9
-156.1
109.8
137.7
-120.2
-26.4
10.1
9.4
6.8
6.0
-2.7
0.0
7.1
6.5
0.0
0.0
0.0
0.0
-18.5
-6.3
-6.4
7.1
59.4
-6.0
-7.8
-5.3

0.0
0.0
-45.0
-18.7
-18.7
8.4
63.7
196.8
26.1
-15.6

126.9
32.0
32.0
0.0
-8.3
-97.9
-58.6
-89.6
104.8
-227.4
9.8
8.3
-3.6
8.4
0.0
0.0
0.0
-14.1
-5.7
-5.9
3.0
59.1
-69.5
6.4
-9.0

Pakistan National Shipping Corporation.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

553

2004

2005

2006

2007

2008

2009

1143.4
2974.7
4118.1
0.0
0.0
957.3
957.3
5075.4

1200.6
9241.8
10442.4
0.0
0.0
725.5
725.5
11167.9

1320.6
10123.6
11444.2
0.0
0.0
474.0
474.0
11918.2

1320.6
12952.2
14272.8
0.0
0.0
215.6
215.6
14488.4

1320.6
4848.5
6169.1
0.0
0.0
0.0
0.0
6169.1

1320.6
5449.8
6770.4
0.0
0.0
0.0
0.0
6770.4

5277.5
2234.6
3042.9
1782.8
0.0
7060.3
2379.9
3337.2
4680.4
1207.0
2897.6

12690.0
1101.6
11588.4
1605.0
0.0
14295.0
3754.3
4479.8
10540.7
981.6
8935.7

5032.0
4327.1
704.9
1128.5
0.0
6160.5
1673.2
2147.2
4487.3
732.6
3358.8

6948.5
907.9
6040.6
957.7
444.3
8350.5
1898.1
2113.7
6452.4
474.4
5050.4

9076.2
3394.4
5681.8
3527.4
0.0
12603.6
7443.6
7443.6
5160.0
245.6
1632.6

9876.7
2217.7
7659.0
5774.1
0.0
15650.8
10029.5
10029.5
5621.3
0.0
-152.8

516.0
395.0
21.0
7455.3

731.4
627.2
44.5
14922.2

8882.4
7430.9
1104.2
13591.4

8758.6
8036.1
1257.7
16386.6

1102.6
1009.2
93.5
13612.8

1260.0
1149.2
41.6
16800.0

6963.1
6963.1
0.0
4571.3
2391.8
5213.6
1878.4
95.4
1783.0
97.1
114.3
57.2

7951.0
7951.0
0.0
4995.1
2955.9
5773.8
2963.6
65.0
2898.6
55.3
0.0
0.0

7924.6
7924.6
0.0
6255.0
1669.6
6784.3
1466.8
75.6
1391.2
328.1
240.1
120.1

9089.1
9089.1
0.0
6495.7
2593.4
7107.2
2925.4
77.4
2848.0
487.9
198.1
0.0

10753.5
10753.5
0.0
7277.1
3476.4
7906.4
3662.1
175.0
3487.1
458.9
409.4
0.0

3491.8
3491.8
0.0
1932.2
1559.6
2569.2
1746.7
48.4
1698.3
639.3
396.2
0.0

1025.3
1571.6
-546.3

6092.5
2843.3
3249.2

750.3
823.0
-72.7

2570.2 -8319.3
2162.0
2618.8
408.2 -10938.1

601.3
662.8
-61.5

1592.6
1046.3

2887.8
6137.0

1927.2
1854.5

3419.7
3827.9

2712.3
-8225.8

704.4
642.9

18.9
296.7
296.7
81.0
23.9
153.3
152.2
360.2
74.9
5.1
1.4
7.9
5.4
3.3
43.3

6.5
380.8
380.8
42.9
19.4
46.7
47.1
869.8
72.6
2.2
0.8
6.6
1.9
1.3
27.8

4.0
368.2
368.2
18.8
10.2
109.7
103.9
866.6
85.6
5.2
1.0
10.3
23.6
2.6
12.2

1.5
439.9
416.5
14.8
17.4
84.1
89.3
1080.8
78.2
2.6
0.9
16.3
17.1
6.1
20.0

0.0
169.3
169.3
120.7
25.6
-31.5
-33.0
467.1
73.5
4.8
1.6
71.3
13.2
2.2
56.5

0.0
156.0
156.0
148.1
10.1
110.2
109.6
512.7
73.6
2.8
1.4
0.0
37.6
10.6
25.1

1475.0
2.8
25.6
15.6
14.7
5.3
93.4
188.9
28.8
36.0

0.0
36.5
24.1
23.7
11.7
53.3
54.5
14.2
87.0

442.8
2.1
17.6
10.5
8.1
16.0
58.3
-56.4
-0.3
86.7

1191.4
1.4
31.3
21.6
17.9
15.5
55.5
105.7
14.7
108.1

739.7
6.6
32.4
26.4
22.9
10.7
79.0
22.2
18.3
46.7

267.3
5.9
48.6
12.9
8.0
4.1
20.8
-51.1
-67.5
51.3

Pakistan Telecommunication Company Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

554

2008

2009

51000.0
51000.0
51000.0
51000.0
51000.0
42072.8
55730.0
62051.5
56682.6
47225.7
93072.8 106730.0 113051.5 107682.6
98225.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4126.4
0.0
0.0
0.0
9100.9
4126.4
0.0
0.0
0.0
9100.9
97199.2 106730.0 113051.5 107682.6 107326.6

51000.0
45068.9
96068.9
0.0
0.0
0.0
0.0
96068.9

32138.7
28672.4
3466.3
9928.9
17467.0
59534.6
53456.6
57583.0
6078.0
10506.4
-21317.9

2005

19190.7
12280.8
6909.9
29225.8
0.0
48416.5
24881.9
24881.9
23534.6
2956.8
-5691.2

2006

29716.8
22598.8
7118.0
29432.3
0.0
59149.1
35139.6
35139.6
24009.5
0.0
-5422.8

2007

40695.5
24978.3
38531.6
33283.7
21240.7
11906.4
7411.8
3737.6
26625.2
18214.1
27482.3
34465.0
3879.2
190.9
0.0
62788.8
52651.5
72996.6
41907.5
79975.7
54658.5
41907.5
89076.6
54658.5
20881.3 -27324.2
18338.1
2145.9
12908.3
0.0
-1212.0 -54997.4 -16126.9

205213.4 206006.1 223338.7 232722.1 263052.2 249336.7

91121.1
83195.4
89042.1
86801.4 134650.8
77730.8
13017.5
12169.1
11655.5
12345.6
16142.5
12565.7
150655.7 131611.9 148191.2 149590.2 187302.3 150727.4
87986.0
87986.0
0.0
33824.1
54161.9
44665.8
45347.3
764.5
44582.8
16245.4
25500.0
0.0

84913.5
84913.5
0.0
18734.5
66179.0
46769.0
41394.3
632.4
40761.9
14297.7
0.0
0.0

72684.4
72684.4
0.0
17370.1
55314.3
45287.0
31310.3
336.4
30973.9
10327.9
0.0
0.0

86252.0
86252.0
0.0
37277.8
48974.2
64129.3
27602.2
1880.0
25722.2
0.0
10200.0
0.0

5180.4
9530.8
6321.5 -5368.9
2837.4
26464.2
20646.0
15522.2
2343.0 -16933.4 -14324.5 -20891.1

80835.9
80835.9
0.0
39727.0
41108.9
84393.1
158.6
2661.3
-2502.7
461.0
0.0
0.0

59239.0
53039.5
6199.5
37732.3
21506.7
48484.6
14929.5
908.5
14021.0
3080.7
7650.0
0.0

-356.0 -11257.7
-2963.7
3290.3
2607.7 -14548.0

15854.9
18197.9

38633.3
21699.9

32301.5
17977.0

27867.8
6976.7

13178.8
15786.5

15856.0
1308.0

4.2
111.4
78.7
61.9
29.6
54.8
87.1
182.5
50.8
1.7
0.9
7.3
36.4
0.7
47.9

0.0
194.6
194.6
23.3
31.0
277.7
178.0
209.3
55.1
1.5
0.7
21.4
35.1
18.3
38.2

0.0
168.3
168.3
31.1
20.9
326.6
179.7
221.7
62.3
1.1
0.5
0.0
33.3
22.1
27.4

0.0
149.8
140.6
38.9
17.2
-289.1
399.4
211.1
74.4
6.8
2.2
87.6
0.0
13.2
23.9

8.5
65.8
65.6
90.7
-1.3
832.5
83.5
192.6
104.4
1678.0
3.3
20.6
-18.4
15.6
-2.5

0.0
133.6
133.6
56.9
9.3
-29.2
1212.2
188.4
81.8
6.1
1.5
0.0
22.0
18.2
14.6

111.1
27.4
50.7
8.7
5.6
14.2
58.4
19.2
11.6
18.2

0.0
48.0
8.0
5.2
14.7
64.5
-8.0
-3.5
20.9

0.0
0.0
42.6
6.1
4.0
14.0
49.0
-23.8
-14.4
22.2

252.2
9.5
29.8
5.0
5.0
13.9
57.7
-18.0
18.7
21.1

0.0
0.0
-3.1
-0.5
-0.6
13.9
43.2
-110.0
-6.3
19.3

143.0
8.0
23.7
2.7
2.1
15.2
39.3
-640.0
-26.7
18.8

Southern Networks Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

555

2004

2005

2006

2007

2008

2009

499.8
-14.9
484.9
0.0
0.0
48.7
48.7
533.6

499.8
-198.1
301.7
0.0
0.0
74.7
74.7
376.4

499.8
-305.2
194.6
0.0
0.0
21.3
21.3
215.9

499.8
-461.0
38.8
0.0
0.0
15.2
15.2
54.0

499.8
-536.8
-37.0
0.0
0.0
8.4
8.4
-28.6

499.8
-551.4
-51.6
0.0
0.0
27.0
27.0
-24.6

14.2
14.2
0.0
85.0
0.0
99.2
100.0
148.7
-0.8
76.0
-85.8

45.9
30.9
15.0
134.0
59.3
239.2
155.4
230.1
83.8
171.1
-109.5

1.3
1.3
0.0
92.9
15.6
109.8
115.7
137.0
-5.9
79.9
-114.4

1.9
1.9
0.0
37.9
5.9
45.7
181.1
196.3
-135.4
81.4
-179.2

1.0
1.0
0.0
24.7
4.0
29.7
221.1
229.5
-191.4
57.2
-220.1

1.2
1.2
0.0
15.7
4.9
21.8
182.3
209.3
-160.5
46.1
-181.1

618.0
534.4
5.0
633.6

336.6
292.5
35.6
531.7

301.6
221.9
38.6
331.7

301.1
189.3
32.8
235.0

302.7
162.8
28.1
192.5

300.0
136.1
24.0
157.9

17.2
17.2
0.0
9.1
8.1
22.5
-5.3
4.6
-9.9
0.1
0.0
0.0

235.7
235.7
0.0
194.3
41.4
320.5
-83.8
17.3
-101.1
1.1
0.0
0.0

95.6
95.6
0.0
89.8
5.8
205.5
-98.8
13.9
-112.7
0.5
0.0
0.0

50.1
50.1
0.0
50.1
0.0
164.1
-106.6
60.7
-167.3
0.3
0.0
0.0

55.4
55.4
0.0
76.3
-20.9
107.3
-50.1
30.5
-80.6
0.3
0.0
0.0

58.8
58.8
0.0
65.4
-6.6
91.5
-19.2
0.3
-19.5
0.0
0.0
0.0

-10.0
-

-157.2
-102.2
-55.0

-160.5
-113.2
-47.3

-161.9
-167.6
5.7

-82.6
-80.9
-1.7

4.0
-19.5
23.5

-5.0
-

-66.6
-121.6

-74.6
-121.9

-134.8
-129.1

-52.8
-54.5

4.5
28.0

9.1
99.2
99.2
30.7
-1.6
0.0
0.0
97.0
130.8
26.7
6.1
36.6
-2.0

19.8
153.9
115.8
76.3
-19.0
60.4
136.0
7.3
10.1
16.0
-33.5

9.9
94.9
81.4
70.4
-34.0
70.5
61.2
38.9
215.0
-14.1
14.5
17.4
-0.4
33.8
-57.9

28.1
25.2
22.0
505.9
-71.2
103.5
104.4
7.8
327.5
-56.9
121.2
74.6
-0.2
32.3
-431.2

0.0
13.4
11.6
0.0
-41.9
97.9
96.9
-7.4
193.7
-60.9
55.1
53.3
-0.4
12.5
0.0

0.0
12.0
9.3
0.0
-12.3
-487.5
16.1
-10.3
155.6
-1.6
0.5
0.7
0.0
1.7
0.0

0.0
-57.6
-0.2
-0.2
5.8
2.7
9.7

0.0
-42.9
-2.0
-2.0
8.5
44.3
900.0
1270.3
6.0

0.0
0.0
-117.9
-2.3
-2.3
13.2
28.8
15.0
-59.4
3.9

0.0
0.0
-333.9
-3.3
-3.4
14.8
21.3
43.5
-47.6
0.8

0.0
0.0
-145.5
-1.6
-1.6
14.8
28.8
-51.5
10.6
-0.7

0.0
0.0
-33.2
-0.4
-0.4
15.1
37.2
-75.0
6.1
-1.0

TRG Pakistan Ltd

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

556

2004

2005

2006

2007

2008

2009

720.0
-94.7
625.3
0.0
0.0
0.7
0.7
626.0

2408.7
-94.0
2314.7
0.0
0.0
9.2
9.2
2323.9

2408.7
-232.2
2176.5
0.0
0.0
3.1
3.1
2179.6

3853.9
-3154.5
699.4
1340.0
0.0
83.1
1423.1
2122.5

3853.9
-2389.1
1464.8
0.0
0.0
0.0
0.0
1464.8

3853.9
-1344.8
2509.1
0.0
0.0
0.6
0.6
2509.7

966.1
8.4
957.7
16.1
0.0
982.2
358.5
359.2
623.7
350.8
607.6

2808.9
14.6
2794.3
41.0
0.0
2849.9
541.5
550.7
2308.4
514.7
2267.4

3608.8
50.4
3558.4
42.0
0.0
3650.8
1481.4
1484.5
2169.4
1409.2
2127.4

856.3
847.0
9.3
2024.0
4.9
2885.2
1515.2
2938.3
1370.0
818.6
-658.9

1476.9
2.2
1474.7
22.8
0.0
1499.7
35.6
35.6
1464.1
0.0
1441.3

2536.1
3.6
2532.5
11.7
0.0
2547.8
40.0
40.6
2507.8
0.9
2496.1

2.8
2.4
0.5
984.6

21.4
15.6
5.6
2865.5

23.3
10.3
7.3
3661.1

1491.6
752.5
276.7
3637.7

23.2
0.8
2.3
1500.5

24.4
1.8
0.5
2549.6

17.7
17.7
0.0
8.9
8.8
66.2
-48.5
7.3
-55.8
0.0
0.0
0.0

5997.8
5997.8
0.0
4168.3
1829.5
6040.8
-6.0
73.0
-79.0
16.5
0.0
0.0

29.3
29.3
0.0
19.3
10.0
26.2
3.1
139.0
-135.9
0.0
0.0
0.0

8722.7
8722.7
0.0
6157.3
2565.4
9173.3
-404.1
170.3
-574.4
20.7
0.0
0.0

8841.5
8841.5
0.0
7949.3
892.2
11213.1
-1854.3
263.8
-2118.1
4.1
0.0
0.0

28.9
28.9
0.0
19.9
9.0
36.7
766.4
0.1
766.3
0.0
3.9
0.0

-55.8
-

1697.9
-95.5
1793.4

-144.3
-135.9
-8.4

-57.1
-595.1
538.0

-657.7
-2122.2
1464.5

1044.9
762.4
282.5

-55.3
-

-89.9
1703.5

-128.6
-137.0

-318.4
219.6

-2119.9
-655.4

762.9
1045.4

0.1
274.0
274.0
57.4
-5.7
0.0
0.0
86.8
374.0
41.2
2.1
0.0
-8.9

0.4
526.3
526.3
23.8
-2.8
-5.6
-5.3
96.1
100.7
1.2
14.2
0.0
-3.4

0.1
246.4
246.4
68.2
-3.7
94.2
93.9
90.4
89.4
4483.9
474.4
9.9
0.0
0.0
-6.2

67.0
190.4
190.1
420.1
-15.8
1042.2
-145.0
18.1
105.2
-42.1
2.0
20.8
-3.6
14.0
-82.1

0.0
4212.6
4212.6
2.4
-141.2
322.7
323.5
38.0
126.8
-14.2
3.0
0.0
-0.2
0.0
-144.6

0.0
6369.5
6369.5
1.6
30.1
73.0
73.0
65.1
127.0
0.0
0.3
11.1
0.0
0.0
30.5

0.0
-315.3
-0.8
-0.8
500.0
1.8
8.7

0.0
-1.3
-0.3
-0.4
233.3
209.3
-62.5
33785.9
9.6

0.0
0.0
-463.8
-0.6
-0.6
46.8
0.8
100.0
-99.5
9.0

0.0
0.0
-6.6
-1.5
-1.5
34.0
239.8
150.0
29670.3
1.8

0.0
0.0
-24.0
-5.5
-5.5
74.2
589.2
266.7
1.4
3.8

19648.7
0.2
2651.6
2.0
2.0
62.5
1.1
-136.4
-99.7
6.5

Telecard Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

557

2004

2005

2006

2007

2008

2009

1000.0
423.2
1423.2
0.0
0.0
460.1
460.1
1883.3

3000.0
-2663.6
336.4
0.0
2400.0
394.4
2794.4
3130.8

3000.0
-2577.7
422.3
0.0
2099.0
169.8
2268.8
2691.1

3000.0
-2976.4
23.6
0.0
1648.8
656.3
2305.1
2328.7

3000.0
-4847.5
-1847.5
0.0
1129.0
676.1
1805.1
-42.4

3000.0
-3669.9
-669.9
0.0
1129.0
661.9
1790.9
1121.0

357.7
17.2
340.5
905.8
76.2
1339.7
1332.4
1792.5
7.3
868.8
-974.7

2909.9
2569.4
340.5
1112.1
22.8
4044.8
4999.9
7794.3
-955.1
3816.7
-2090.0

2174.1
1833.6
340.5
1262.5
14.5
3451.1
5324.2
7593.0
-1873.1
3204.0
-3150.1

130.2
130.2
0.0
1640.5
13.1
1783.8
4056.4
6361.5
-2272.6
2970.9
-3926.2

445.1
35.4
409.7
1531.7
10.2
1987.0
5854.2
7659.3
-3867.2
2742.5
-5409.1

418.9
9.6
409.3
8.9
1733.3
2161.1
4219.4
6010.3
-2058.3
2700.6
-3800.5

2375.1
1875.8
125.6
3215.5

4816.8
4085.9
236.0
8130.7

5757.5
4564.3
468.4
8015.4

6417.1
4601.3
610.3
6385.1

6293.2
3824.8
664.5
5811.8

6314.8
3179.3
686.6
5340.4

2028.7
2028.7
0.0
1546.0
482.7
1824.3
233.5
60.8
172.7
13.9
0.0
0.0

2591.5
2591.5
0.0
1761.1
830.4
2207.8
543.7
111.7
432.0
187.8
0.0
0.0

3034.2
3034.2
0.0
2412.7
621.5
2923.1
326.1
419.4
-93.3
12.8
0.0
0.0

2265.3
2265.3
0.0
2258.7
6.6
2824.5
-119.8
412.5
-532.3
10.7
0.0
0.0

2848.9
2848.9
0.0
2801.1
47.8
3554.0
-230.9
478.3
-709.2
26.6
0.0
0.0

3791.5
3791.5
0.0
2610.1
1181.4
3272.6
588.9
494.1
94.8
0.0
0.0
0.0

901.2
158.8
742.4

1247.5
244.2
1003.3

-439.7
-106.1
-333.6

-362.4
-543.0
180.6

-2371.1
-735.8
-1635.3

1163.4
94.8
1068.6

284.4
1026.8

480.2
1483.5

362.3
28.7

67.3
247.9

-71.3
-1706.6

781.4
1850.0

24.4
100.5
94.8
125.9
5.4
17.6
27.7
142.3
89.9
26.0
3.0
7.0
8.0
4.7
12.1

89.3
80.9
80.4
2317.0
5.3
19.6
32.4
11.2
85.2
20.5
4.3
2.9
43.5
3.5
128.4

84.3
64.8
64.5
1798.0
-1.2
24.1
1262.4
14.1
96.3
128.6
13.8
13.1
-13.7
5.5
-22.1

99.0
44.0
43.7
26955.5
-8.3
149.8
27.1
0.8
124.7
-344.3
18.2
13.9
-2.0
9.0
-2255.5

0.0
33.9
33.8
0.0
-12.2
31.0
4.2
-61.6
124.7
-207.1
16.8
17.4
-3.8
11.4
0.0

159.8
51.2
10.1
0.0
1.8
8.1
42.2
-22.3
86.3
83.9
13.0
18.3
0.0
8.9
0.0

0.0
8.5
1.7
1.6
11.3
63.1
-56.4
78.6
14.2

0.0
16.7
1.4
0.8
12.6
31.9
-17.6
27.7
1.1

0.0
0.0
-3.1
-0.3
-0.4
11.4
37.9
-121.4
17.1
1.4

0.0
0.0
-23.5
-1.8
-1.8
12.4
35.5
500.0
-25.3
0.1

0.0
0.0
-24.9
-2.4
-2.5
15.6
49.0
33.3
25.8
-6.2

0.0
0.0
2.5
0.3
0.3
18.0
71.0
-112.5
33.1
-2.2

Worldcall Telecom Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

558

2005

2006

2007

2008

2009

2750.0
-2426.5
323.5
0.0
0.0
750.8
750.8
1074.3

6539.7
-76.7
6463.0
0.0
49.9
1194.3
1244.2
7707.2

7520.6
-170.7
7349.9
0.0
342.9
871.5
1214.4
8564.3

8605.7
-1251.8
7353.9
0.0
3237.5
369.7
3607.2
10961.1

8605.7
-1994.0
6611.7
0.0
0.0
3383.4
3383.4
9995.1

591.9
591.9
0.0
851.9
0.4
1444.2
2484.2
3235.0
-1040.0
910.5
-1892.3

2394.0
1452.8
941.2
1810.4
21.9
4226.3
3380.0
4624.2
846.3
2240.2
-986.0

1190.3
560.6
629.7
1956.6
35.2
3182.1
4114.0
5328.4
-931.9
2491.2
-2923.7

1551.4
849.0
702.4
1854.3
90.9
3496.6
3415.5
7022.7
81.1
3997.5
-1864.1

791.1
336.5
454.6
3433.9
182.1
4407.1
8053.4
11436.8
-3646.3
4141.2
-7262.3

2155.2
2114.3
39.1
3558.5

7384.1
6860.7
501.1
11087.0

10738.5
9496.2
726.3
12678.3

12989.0
10880.0
891.8
14376.6

17387.8
13641.6
1185.8
18048.7

677.9
677.9
0.0
607.8
70.1
700.0
-7.1
24.7
-31.8
0.0
0.0
0.0

5033.8
5033.8
0.0
3351.2
1682.6
4442.1
1361.3
179.1
1182.2
0.0
0.0
0.0

4678.9
4678.9
0.0
2996.7
1682.2
4090.2
1024.4
313.5
710.9
0.3
0.0
0.0

4814.0
4814.0
0.0
3161.0
1653.0
4414.2
504.5
461.2
43.3
22.6
0.0
0.0

8408.3
8408.3
0.0
7036.6
1371.7
8642.2
-100.4
523.0
-623.4
22.6
0.0
0.0

-31.8
-

6632.9
1182.2
5450.7

857.1
710.6
146.5

2396.8
20.7
2376.1

-966.0
-646.0
-320.0

7.3
-

1683.3
7134.0

1436.9
1583.4

912.5
3288.6

539.8
219.8

69.9
58.1
58.1
1000.0
-0.9
0.0
0.0
11.8
103.3
3.6
2.7
44.3
-9.8

16.1
125.0
124.4
71.5
10.7
17.8
23.6
98.8
88.2
13.2
3.6
8.0
0.0
13.9
18.3

14.2
77.3
76.5
72.5
5.6
82.9
90.7
97.7
87.4
30.6
6.7
12.6
0.0
19.2
9.7

32.9
102.4
99.7
95.5
0.3
0.9
27.7
85.5
91.7
91.4
9.6
11.5
52.2
18.7
0.6

33.9
54.7
52.5
173.0
-3.5
66.9
245.6
76.8
102.8
-520.9
6.2
12.6
-3.6
25.2
-9.4

0.0
-4.7
-0.1
-0.1
19.9
19.1
-110.0
1.2

0.0
0.0
23.5
1.8
1.8
22.5
45.4
-1900.0
642.6
9.9

0.0
0.0
15.2
0.9
0.9
10.5
36.9
-50.0
-7.1
9.8

0.0
0.0
0.9
0.1
0.0
9.5
33.5
-88.9
2.9
8.5

0.0
0.0
-7.4
-0.7
-0.8
9.5
46.6
-800.0
74.7
7.7

Callmate Telips Telocom Ltd.

99-CF, 1/5, Clifton, Karachi-75600

Management

Banker

Auditor

Mr. Ahmed Jamil Ansari(Chairman)

Allied Bank Ltd.

M/S Zahid Jamil & Co.

Mr. Mohammad Ajmal Ansari(Chief Executive)

Bank of Khyber

Mr. Hassan Jamil Ansari(Director)

MCB Bank Ltd.

Mr. Imran Mahmood(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Gen. (Retd.) Safdr Ali Khan(Director)

National Bank of Pakistan.

Mr. Tariq M. Rangoonwala(Director)

Habib Bank Ltd.

Mr. Nadeem Ahmad Khan(Director)

Bank Al-Falah Ltd.

Date of Annual General Meeting

Face Value

Rs.

10.00

Market Price as on 30/06/2009

Rs.

1.90

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.91

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.37

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.10

Preference Shares(%)

Investment Yield%

Year Ending :

30th June

Production Desc

, 2009

Units

Capacity

Actual Production

Calling cards & telecom facility

Note: AGM for 2008 has not been
till arranged.

Eye Television Network Ltd.

Hum TV. Plot No. 10/11, Hassan Ali Street, Off I.I. Chundrigar Road, Karachi-74000.

Management

Banker

Ms. Sultana Siddiqui(Chairperson)

Bank Alfalah Ltd.

Mr. Duraid Qureshi(Chief Executive)

Faysal Bank Ltd.

Mrs. Mehtab Akbar Rashidi(Director)

KASB Bank Ltd.

Mr. Munawar Alam Siddiqui(Director)

JS Bank Ltd.

Mr. Mazhar-ul-Haq Siddiqui(Director)

National Bank of Pakistan.

Mrs. Khus Bhakt Shujat(Director)

Allied Bank Ltd.

Mr. Muhammad Ayub Younus Adhi(Director)

United Bank Ltd.

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

29th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

28.75

Highest Price in

2009

Rs.

62.85

Lowest Price in

2009

Rs.

27.27

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

40.46

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

53

Units

Capacity

T.V. commercial production

559

13

Actual Production

Media Times Ltd.

41-N, Industrial Area, Gulberg-II, Lahore.

Management

Banker

Auditor

Mr. Salmaan Taseer(Chairman / C.E.)

Soneri Bank Ltd.

M/s. Nasir Javed Maqsood Imran

Mrs. Aamna Taseer(Director)

Faysal Bank Ltd.

Mr. Shehryar Ali Taseer(Director)

The Royal Bank of Scotland

Mr. Shahbaz Ali Taseer(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Najam Aziz Sethi(Director)

NIB Bank Ltd.

Mr. Maimanat Mohsin(Director)

Habib Metorpolitan Bank Ltd.

Mr. A.N.Rane(Director)

Arif Habib Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

47.75

Percentage Dividend rate :

Highest Price in

2009

Rs.

61.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

9.97

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

35.49

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Print,Electronic Media

Netsol Technologies Ltd.

Software Technology Park, Netsole Avenue, Main Ghazi Road, Lahore Cantt.

Management

Banker

Mr. Saleem Ullah Ghauri(Chairman / C.E.O.)

First National Bank Modaraba

Mr. Najeeb Ullah Ghauri(Director)

Askari Bank Ltd.

Mr. Naeem Ullah Ghauri(Director)

IGI Investment Bank Ltd.

Mr. Irfan Mustafa(Director)

Bank Al-Falah Ltd.

Mr. Shahid Javed Burki(Director)

JS Bank Ltd.

Mr. Zahid Bashir Mirza(Director)

United Bank Ltd.

Auditor
M/s.Kabani Saeed Kamran Patel & Co.

Mr. Rehmat Ullah Ghauri(Director)

Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.86

Percentage Dividend rate :

Highest Price in

2009

Rs.

96.31

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

43.29

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Telecommunication technologies

Indeterminable

560

Actual Production

Pak Datacom Ltd.

1st Floor, TF Complex, 7-Mauve Area, G-9 / 4, Islamabad.

Management

Banker

Mr. Gul Bahadar Yousafzai(Chairman)

Habib Bank Ltd.

Syed Mahmood Ahmad(Chief Executive)

National Bank Of Pakistan

Mr. Iftikhar Ahmed Raja(Director)

United Bank Ltd.

Syed Gauhar Ali(Director)

MCB Bank Ltd.

Sheikh Muhammad Afzal(Director)

The Royal Bank of Scotland Ltd.

Mr. Amjad Hussain Qureshi(Director)

Bank Alfalah Ltd.

Auditor
M/s. Anjum Asim Shahid Rahman

Mr. Muhammad Arif(Director)

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Highest Price in
2009

Rs.

69.50

Rs.

79.55

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

41.20

Ordinary Shares Bonus (%)

70

Average Price in

2009

Rs.

53.95

Preference Shares(%)

Investment Yield%

Production Desc

Units

13

Capacity

Actual Production

Telecom data transmission

Pakistan Int. Container Terminal Ltd.

2nd Floor, Business Plaza, Mumtaz Hassan Road, Karachi.

Management

Banker

Cap. (R) Haleem A. Siddiqui(Chairman)

Samba Bank Limited

Cap. (R) Zafar Iqbal Awan(Chief Executive)

Faysal Bank Ltd.

Mr. Aasim Azim Siddiqui(Director)

JS Bank Ltd.

Mr. Shahrique Azim Siddiqui(Director)

Standard Chartered Bank Ltd.

Mr. M. Masood Ahmed Usmani, FCA(Director)

United Bank Ltd.

Syed Nizam A. Shah(Director)

HSBC Bank Middle East Ltd.

Mr. Ali J. Siddiqui(Director)

Albaraka Islamic Bank Ltd.

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Date of Annual General Meeting

02nd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Highest Price in
2009

Rs.

53.43

Rs.

123.24

Ordinary Shares (%)

Lowest Price in

2009

Rs.

23.70

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

65.71

, 2009

Percentage Dividend rate :

Preference Shares(%)

Production Desc

10

Investment Yield%

Units

Capacity

Shipping cantainer services

561

Actual Production

Pakistan International Airlines Corporation

PIA Building, Jinnah International Airport, Karachi.

Management

Banker

Ch. Ahmed Mukhtar(Chairman)

Auditor

United Bank Ltd.

M/s. Anjum Asim Shahid Rahman & Co.

Capt. Mohammad Aijaz Haroon(Managing Direct Askari Commercial Bank Limited

M/s. M. Yousaf Adil Saleem & Co.

Syed Naseer Ahmad(Director)

Bank Alfalah Ltd.

Malik Nazir Ahmed(Director)

Citibank N.A.

Mr. Javed Akhtar(Director)

MCB Bank Ltd.

Lt. Gen.(Retd.) Syed Athar Ali(Director)

National Bank Of Pakistan

Prof. Mian Ijaz ul Hassan(Director)

Pak Kuwait Investment Company (Pvt.) Ltd.

Date of Annual General Meeting

24th April

Year Ending :

31st December , 2009

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

2.61

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.26

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.18

Preference Shares(%)

Investment Yield%

Production Desc

, 2010

Units

Capacity

Actual Production

Airline services

Pakistan National Shipping Corporation.

PNSC Building, Moulvi Tamizuddin Khan Road, Karachi

Management

Banker

Auditor

Vice Admiral (Retd.) Sikandar V. Naqvi(Chairma Habib Bank Ltd.

M/s. A. F. Ferguson & Co.

Mrs. Rukhsana Saleem(Director)

Allied Bank Of Pakistan Ltd.

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Rasheed Y. Chinoy(Director)

United Bank Ltd.

Mr. Khalid Idrees(Director)

Faysal Bank Ltd.

Capt. Syed Akhlaq Hussain Abidi(Director)

Bank Al-Falah Ltd.

Mr. Jahangir Siddqui(Director)

Habib Metropolitan Bank Ltd.

Mr. Khowaja Obaid Imran Ilyas(Director)

JS Bank Ltd.

Date of Annual General Meeting

22nd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

46.16

Highest Price in

2009

Rs.

74.90

Lowest Price in

2009

Rs.

25.15

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

48.25

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

30

Units

Capacity

Actual Production

Carrying Capicity of cotton bales

Cubic meters

232,229

Indeterminable

Carrying Capicity of food grains

Cubic meters

244,086

Indeterminable

Carrying Capicity of dead weight

M.Tons

570,466

Indeterminable

562

Pakistan Telecommunication Company Ltd.

PTCL Headquaters, Block-E, Sector G-8/4, Islamabad-44000.

Management

Banker

Auditor

Mr. Walid Irshad(President / C.E.O.)

Citibank N.A.

Ford Rhodes Sidat Hyder & Co.

Mr. Muhammad Nehmatullah Toor(Director)

Askari Bank Ltd.

M/s. A. F. Ferguson & Co.

Syed Mazhar Hussain(Director)

Faysal Bank Ltd.

Mr. Farah Qamar(Director)

MCB Bank Ltd.

Mr. Tariq Salman(Director)

National Bank Of Pakistan

Mr. Sikandar Naqi(Director)

Standard Chartered Bank Ltd.

Mr. Abdullah Yousef(Director)

The Royal Bank of Scotland Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.24

Highest Price in

2009

Rs.

40.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

11.70

Ordinary Shares Bonus (%)

15

Average Price in

2009

Rs.

25.27

Preference Shares(%)

Investment Yield%

Production Desc
Actual lines installed (ALI)

Units

Capacity

Actual Production

Numbers

9,240,431

4,796,299

Southern Networks Ltd.

5-Y, Block-6, P.E.C.H.S., Karachi.

Management

Banker

Mr. Neville Metha(Chairman / C.E.O.)

Bank Al Habib Ltd.

Mr. Nisar Ahmed(Director)

The Royal Bank of Scotland

Auditor
M/s. Jalis Ahmed & Co.

Mr. Muhammad Younas(Director)

Mr. Abdul Hameed(Director)
Miss. Abida Iffat(Director)
Mrs. Saeeda Hassan Ali Efffandi(Director)
Mr. Maqbool Mughal(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.34

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.73

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.87

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

T.V. commercial production

563

Actual Production

TRG Pakistan Ltd

7th Floor, Block-B, Finance & Trade Centre, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Mr. Muhammad Ziaullah Khan Chishti(Chairman MCB Bank Ltd.

M/S A. F. Fergusan & Co.

Mr. Muhammad Ali Jameel(Director)

Habib Bank Ltd.

Mr. John Leone(Director)

National Bank of Pakistan.

Mr. Rafiq K. Dossani(Director)

United Bank Ltd.

Mr. Ameer S Qureshi(Director)

Askari Commerial Bank Ltd.

Mr. Saeed Iqbal(Director)

Mr. Peter H.R. Riepenhausen(Director)
Date of Annual General Meeting

01st December , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.35

Highest Price in

2009

Rs.

6.19

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.10

Ordinary Shares Bonus (%)

.1

Average Price in

2009

Rs.

2.63

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Telecom software development

Telecard Ltd.
3rd Floor, 75-East Blue Area, Fazal-e-Haq Road, Islamabad.

Management

Banker

Auditor

Mr. Sultan-ul-Arfeen(Chairman)

Faysal Bank Ltd.

M/S Ford Rhodes Sidat Hyder & Co.

Mr. Shahid Firoz(Director)

Habib Bank Ltd.

Dr. Peregrine Moncreiffe(Director)

National Bank of Pakistan.

Mr. Aamir Niazi(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Syed Nizam Ahmed Shah(Director)

Orix Investment Bank Ltd.

Mr. Imran Malik(Director)

Pak Oman Investment Co. (Pvt.) Ltd.,

Mr. Hissan-ul-Arfeen(Director)

Silk Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.73

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.30

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Calling cards & wireless services

564

Actual Production

Worldcall Telecom Ltd.

67-A, C/III, Gulberg-III, Lahore.

Management

Banker

Mr. Mehdi Mohammed Al Abduwani(Chairman)

Askari Bank Ltd.

Mr. Babar Ali Syed(Chief Execuative)

Allied Bank Ltd.

Mr. Asadullah Khawaja(Director)

Faysal Bank Ltd.

Mr. Bernhard Herinichen(Director)

Habib Bank Ltd.

Mr. Mohammad Ahmad Ghamlocuch(Director)

MCB Bank Ltd.

Mr. Salman Taseer(Director)

National Bank of Pakistan.

Auditor
KPMG Taseer Hadi & Co.

Mr. Samy Ahmed Abdulqadir Al Ghassany(Direc Soneri Bank Ltd.

Date of Annual General Meeting

25th February , 2010

Face Value

Rs.

10.00

Year Ending :

31st December , 2009

Market Price as on 31/12/2009

Rs.

3.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

5.47

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.10

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.20

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Calling cards & wireless services

565

Actual Production

Tobacco Sector

Tobacco Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

568

2004

2005

2006

2007

2008

2009

3086.1
2661.0
5747.1
0.0
0.0
3.7
3.7
5750.8

3086.1
4612.3
7698.4
0.0
0.0
1.9
1.9
7700.3

3188.8
5828.3
9017.1
0.0
0.0
0.0
0.0
9017.1

3188.8
6395.1
9583.9
0.0
0.0
0.0
0.0
9583.9

3188.8
6423.2
9612.0
0.0
0.0
0.0
0.0
9612.0

3182.8
7877.4
11060.2
0.0
0.0
0.0
0.0
11060.2

1717.0
412.8
1304.2
710.8
4555.8
6983.6
6274.5
6278.2
709.1
1005.8
-4557.5

1464.9
1459.9
5.0
1386.0
4895.4
7746.3
5878.9
5880.8
1867.4
406.2
-4414.0

1075.8
670.7
405.1
849.7
5812.8
7738.3
5677.1
5677.1
2061.2
1296.6
-4601.3

947.9
150.3
168.0
942.9
145.3
163.0
5.0
5.0
5.0
1059.7
1417.5
1247.2
6478.7
9420.6
11656.3
8486.3
10988.4
13071.5
6881.4
10316.3
11813.1
6881.4
10316.3
11813.1
1604.9
672.1
1258.4
1038.6
1343.1
1300.8
-5933.5 -10166.0 -11645.1

8039.0
5041.7
572.4
12025.3

9573.9
5833.0
889.7
13579.3

11442.5
6955.8
860.2
14694.1

13257.0
7979.0
936.7
16465.3

14846.7
8939.8
994.2
19928.2

16875.5
9801.8
1139.8
22873.3

45144.9
45143.5
1.4
38425.9
6719.0
42148.3
3044.2
55.7
2988.5
628.2
897.2
0.0

54015.4
53994.5
20.9
45391.4
8624.0
49388.4
4718.9
54.7
4664.2
1498.3
1276.7
0.0

56411.6
56407.9
3.7
46687.7
9723.9
51238.7
5311.2
61.8
5249.4
1705.3
2661.0
123.2

63405.1
63401.4
3.7
52386.5
11018.6
57152.5
6439.9
69.6
6370.3
1948.3
1519.9
0.0

74164.2
74101.4
62.8
62549.3
11614.9
68607.8
5754.3
99.2
5655.1
1786.1
2999.8
0.0

35184.3
35165.7
18.6
21978.1
13206.2
29325.8
6291.0
133.3
6157.7
2111.2
3312.2
0.0

818.3
1463.1
-644.8

1949.5
1889.2
60.3

1316.8
883.1
433.7

566.8
2902.1
-2335.3

28.1
869.2
-841.1

1448.2
734.3
713.9

2035.5
1390.7

2778.9
2839.2

1743.3
2177.0

3838.8
1503.5

1863.4
1022.3

1874.1
2588.0

0.1
111.3
38.7
109.2
24.9
178.8
146.4
186.2
93.4
1.8
0.1
5.5
21.0
0.1
52.0

0.0
131.8
48.5
76.4
34.3
96.9
97.9
249.5
91.4
1.2
0.1
13.5
32.1
1.4
60.6

0.0
136.3
33.9
63.0
35.7
67.1
80.1
282.8
90.8
1.2
0.1
4.8
32.5
0.2
58.2

0.0
123.3
29.2
71.8
38.7
512.0
255.3
300.5
90.1
1.1
0.1
6.7
30.6
0.1
66.5

0.0
106.5
15.2
107.3
28.4
3093.2
182.3
301.4
92.5
1.7
0.1
7.4
31.6
0.1
58.8

0.0
110.7
12.0
106.8
26.9
50.7
72.4
347.5
83.3
2.1
0.4
10.2
34.3
0.3
55.7

263.1
15.6
6.6
9.7
7.6
12.8
375.4
51.6
17.6
18.6

248.0
16.6
8.6
15.1
10.3
17.6
397.8
55.7
19.6
24.9

133.2
29.5
9.3
16.5
11.1
14.7
383.9
9.3
4.4
28.3

290.9
15.9
10.0
20.0
13.9
13.5
385.1
21.2
12.4
30.1

129.0
31.2
7.6
17.7
12.1
12.5
372.2
-11.5
17.0
30.1

122.2
29.9
17.5
19.3
12.7
12.8
153.8
9.0
-52.6
34.7

Tobacco

Operating, Financial & Investment Ratios

150

100
%

50

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Khyber Tobacco Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

570

2004

2005

2006

2007

2008

2009

12.0
-72.0
-60.0
0.0
0.0
3.7
3.7
-56.3

12.0
-54.7
-42.7
0.0
0.0
1.9
1.9
-40.8

12.0
-53.4
-41.4
0.0
0.0
0.0
0.0
-41.4

12.0
-43.5
-31.5
0.0
0.0
0.0
0.0
-31.5

12.0
-37.7
-25.7
0.0
0.0
0.0
0.0
-25.7

12.0
-32.0
-20.0
0.0
0.0
0.0
0.0
-20.0

0.0
0.0
0.0
12.4
9.6
22.0
82.3
86.0
-60.3
7.5
-82.3

0.0
0.0
0.0
1.3
3.9
5.2
49.9
51.8
-44.7
5.5
-49.9

0.1
0.1
0.0
1.0
0.0
1.1
46.5
46.5
-45.4
3.4
-46.4

0.1
0.1
0.0
1.2
4.4
5.7
41.2
41.2
-35.5
0.0
-41.1

3.1
3.1
0.0
2.8
25.5
31.4
61.0
61.0
-29.6
0.0
-57.9

5.6
5.6
0.0
33.5
10.7
49.8
73.7
73.7
-23.9
0.0
-68.1

37.9
4.0
0.1
26.0

37.4
4.0
0.0
9.2

37.9
4.0
0.0
5.1

37.9
3.9
0.0
9.6

37.9
3.9
0.0
35.3

37.9
3.9
0.0
53.7

5.7
5.7
0.0
4.5
1.2
5.4
1.0
0.0
1.0
0.3
0.0
0.0

7.1
7.1
0.0
5.2
1.9
6.6
1.9
0.0
1.9
0.7
0.0
0.0

11.5
11.5
0.0
7.8
3.7
10.6
2.8
0.0
2.8
1.0
0.0
0.0

25.7
25.7
0.0
17.6
8.1
20.5
19.7
0.0
19.7
1.1
0.0
0.0

69.9
42.8
27.1
61.2
8.7
63.8
7.3
0.1
7.2
1.5
1.8
0.0

117.1
98.5
18.6
104.7
12.4
107.9
9.3
0.1
9.2
2.9
0.0
0.0

-0.5
0.7
-1.2

15.5
1.2
14.3

-0.6
1.8
-2.4

9.9
18.6
-8.7

5.8
3.9
1.9

5.7
6.3
-0.6

0.8
-0.4

1.2
15.5

1.8
-0.6

18.6
9.9

3.9
5.8

6.3
5.7

26.7
15.1
3.8
-500.0
94.7
0.0
0.0
0.0
30.0
0.0
-

10.4
2.6
20.7
7.7
7.7
-355.8
93.0
0.0
0.0
0.0
36.8
0.0
-

0.0
2.4
2.4
0.0
54.9
-300.0
-300.0
-345.0
92.2
0.0
0.0
0.0
35.7
0.0
0.0

0.0
13.8
3.2
0.0
205.2
187.9
187.9
-262.5
79.8
0.0
0.0
0.0
5.6
0.0
0.0

0.0
51.5
9.7
0.0
20.4
67.2
67.2
-214.2
91.3
1.4
0.1
0.0
20.8
0.0
0.0

0.0
67.6
53.1
0.0
17.1
110.5
110.5
-166.7
92.1
1.1
0.1
0.0
31.5
20.2
0.0

17.5
0.8
0.6
2.5
21.9
14.3
16.3
-50.0

26.8
1.6
1.0
0.0
77.2
100.0
24.6
-35.6

0.0
0.0
24.3
2.3
1.5
0.0
225.5
43.8
62.0
-34.5

0.0
0.0
76.7
16.4
15.5
0.0
267.7
613.0
123.5
-26.3

316.7
0.0
10.3
6.0
4.8
0.0
198.0
-63.4
172.0
-21.4

0.0
0.0
7.9
7.7
5.3
0.0
218.1
28.3
67.5
-16.7

Lakson Tobacco Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

571

2004

2005

2006

2007

2008

2009

513.2
2021.5
2534.7
0.0
0.0
0.0
0.0
2534.7

513.2
3566.3
4079.5
0.0
0.0
0.0
0.0
4079.5

615.8
4278.0
4893.8
0.0
0.0
0.0
0.0
4893.8

615.8
4951.2
5567.0
0.0
0.0
0.0
0.0
5567.0

615.8
5378.2
5994.0
0.0
0.0
0.0
0.0
5994.0

615.8
6204.1
6819.9
0.0
0.0
0.0
0.0
6819.9

1672.6
373.4
1299.2
346.2
1466.2
3485.0
2417.3
2417.3
1067.7
0.0
-744.7

1401.7
1401.7
0.0
1047.9
1104.2
3553.8
1488.3
1488.3
2065.5
0.0
-86.6

1007.4
607.3
400.1
495.2
2009.1
3511.7
1024.7
1024.7
2487.0
0.0
-17.3

775.8
775.8
0.0
549.1
2463.2
3788.1
1026.2
1026.2
2761.9
0.0
-250.4

46.7
46.7
0.0
743.7
5327.1
6117.5
3445.9
3445.9
2671.6
770.7
-3399.2

109.6
109.6
0.0
757.2
5880.2
6747.0
3772.8
3772.8
2974.2
0.0
-3663.2

2491.9
1466.9
181.6
4951.9

3511.6
2014.0
461.4
5567.8

4257.5
2406.9
376.9
5918.6

4989.6
2805.1
397.6
6593.2

5669.1
3322.3
398.3
9439.8

6913.2
3845.7
483.1
10592.7

19624.1
19624.1
0.0
16394.2
3229.9
17707.9
1948.2
19.2
1929.0
613.4
641.5
0.0

23320.6
23320.6
0.0
19240.4
4080.2
20795.3
2581.0
9.1
2571.9
862.0
638.0
0.0

20619.7
20619.7
0.0
16443.2
4176.5
18297.2
2390.8
10.7
2380.1
822.0
769.8
123.2

22425.3
22425.3
0.0
17934.8
4490.5
19844.9
2650.4
19.1
2631.3
780.0
523.4
0.0

24937.9
24937.9
0.0
20621.5
4316.4
23223.4
1790.9
45.6
1745.3
537.1
554.2
0.0

13400.7
13400.7
0.0
8431.3
4969.4
11914.3
1589.5
89.3
1500.2
505.0
246.3
0.0

484.7
674.1
-189.4

1544.8
1071.9
472.9

814.3
788.3
26.0

673.2
1327.9
-654.7

427.0
654.0
-227.0

825.9
748.9
77.0

855.7
666.3

1533.3
2006.2

1165.2
1191.2

1725.5
1070.8

1052.3
825.3

1232.0
1309.0

0.0
144.2
83.5
95.4
39.0
139.1
128.4
493.9
90.2
1.0
0.1
31.8
0.1
76.1

0.0
238.8
164.6
36.5
46.2
69.4
76.4
794.9
89.2
0.4
0.0
33.5
3.3
63.0

0.0
342.7
146.6
20.9
40.2
96.8
97.8
794.7
88.7
0.4
0.1
0.0
34.5
0.5
48.6

0.0
369.1
129.1
18.4
39.9
197.3
161.1
904.0
88.5
0.7
0.1
0.0
29.6
0.4
47.3

0.0
177.5
22.9
57.5
18.5
153.2
127.5
973.4
93.1
2.5
0.2
5.9
30.8
0.1
29.1

0.0
178.8
23.0
55.3
14.2
90.7
94.1
1107.5
88.9
5.6
0.7
0.0
33.7
0.5
22.0

205.1
25.3
9.8
37.6
25.6
17.3
396.3
23.7
24.6
49.4

268.0
15.6
11.0
50.1
33.3
31.5
418.8
33.2
18.8
79.5

202.4
15.7
11.5
38.7
25.3
18.7
348.4
-22.8
-11.6
79.5

353.7
9.4
11.7
42.7
30.1
16.5
340.1
10.3
8.8
90.4

218.0
9.2
7.0
28.3
19.6
14.2
264.2
-33.7
11.2
97.3

404.1
3.6
11.2
24.4
16.2
14.5
126.5
-13.8
-46.3
110.7

Pakistan Tobacco Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

572

2004

2005

2006

2007

2008

2009

2554.9
710.4
3265.3
0.0
0.0
0.0
0.0
3265.3

2554.9
1084.5
3639.4
0.0
0.0
0.0
0.0
3639.4

2554.9
1584.2
4139.1
0.0
0.0
0.0
0.0
4139.1

2554.9
1467.9
4022.8
0.0
0.0
0.0
0.0
4022.8

2554.9
1053.4
3608.3
0.0
0.0
0.0
0.0
3608.3

2554.9
1705.3
4260.2
0.0
0.0
0.0
0.0
4260.2

44.2
39.2
5.0
342.1
3074.1
3460.4
3759.5
3759.5
-299.1
996.6
-3715.3

62.6
57.6
5.0
326.7
3780.9
4170.2
4329.1
4329.1
-158.9
400.7
-4266.5

67.9
62.9
5.0
346.3
3790.9
4205.1
4595.2
4595.2
-390.1
1293.1
-4527.3

171.7
166.7
5.0
502.1
3998.2
4672.0
5803.4
5803.4
-1131.4
1038.6
-5631.7

74.2
69.2
5.0
662.0
4059.1
4795.3
6786.7
6786.7
-1991.4
572.4
-6712.5

52.9
47.9
5.0
456.5
5765.4
6274.8
7966.6
7966.6
-1691.8
1300.8
-7913.7

5477.7
3564.4
390.2
7024.8

5985.8
3798.2
426.9
7968.4

7108.4
4529.4
482.2
8734.5

8190.9
5154.3
537.9
9826.3

9100.7
5599.8
594.8
10395.1

9924.4
5952.1
656.8
12226.9

25452.6
25452.6
0.0
21970.0
3482.6
24374.6
1092.6
36.5
1056.1
14.0
255.5
0.0

30615.1
30615.1
0.0
26085.5
4529.6
28522.1
2127.4
45.4
2082.0
633.8
638.7
0.0

35715.5
35715.5
0.0
30181.9
5533.6
32871.8
2911.8
51.1
2860.7
880.3
1890.7
0.0

40889.3
40889.3
0.0
34379.3
6510.0
37228.0
3763.9
50.3
3713.6
1165.1
996.4
0.0

49053.9
49053.9
0.0
41777.2
7276.7
45227.1
3947.0
53.3
3893.7
1246.2
2443.8
0.0

21666.5
21666.5
0.0
13442.1
8224.4
17303.6
4692.2
43.8
4648.4
1603.3
3065.9
0.0

336.6
786.6
-450.0

374.1
809.5
-435.4

499.7
89.7
410.0

-116.3
1552.1
-1668.4

-414.5
203.7
-618.2

651.9
-20.8
672.7

1176.8
726.8

1236.4
801.0

571.9
981.9

2090.0
421.6

798.5
180.3

636.0
1308.7

0.0
92.0
10.3
115.1
15.0
233.7
161.9
127.8
95.8
3.3
0.1
3.7
1.3
0.0
32.3

0.0
96.3
9.0
119.0
26.1
216.4
154.4
142.4
93.2
2.1
0.1
11.3
30.4
0.0
57.2

0.0
91.5
9.0
111.0
32.8
18.0
58.2
162.0
92.0
1.8
0.1
4.0
30.8
0.0
69.1

0.0
80.5
11.6
144.3
37.8
-1334.6
495.7
157.5
91.0
1.3
0.1
4.8
31.4
0.0
92.3

0.0
70.7
10.8
188.1
37.5
-49.1
442.9
141.2
92.2
1.4
0.1
9.3
32.0
0.0
107.9

0.0
78.8
6.4
187.0
38.0
-3.2
48.6
166.7
79.9
0.9
0.2
3.4
34.5
0.0
109.1

407.9
7.8
4.1
4.1
4.1
11.4
362.3
70.8
12.8
12.8

226.7
17.5
6.8
8.1
5.7
12.0
384.2
97.6
20.3
14.2

104.7
45.7
8.0
11.2
7.8
12.7
408.9
38.3
16.7
16.2

255.8
24.8
9.1
14.5
10.0
11.9
416.1
29.5
14.5
15.7

108.3
67.7
7.9
15.2
10.4
11.5
471.9
4.8
20.0
14.1

99.3
72.0
21.5
18.2
11.9
11.7
177.2
19.7
-55.8
16.7

Khyber Tobacco Company Ltd.

Nowshera Malakand Road, P.O.Box No.12, Mardan, Khyber Pakhtoonkhua

Management

Banker

Mr. Wali-ur-Rehman(M.D. / C.E.O.)

MCB Bank Ltd.

Mr. Wasim-ur-Rehman(Director)

National Bank Of Pakistan

Auditor
M/s. Tariq Ayub Anwar & Co.

Mr. Mohammad Sial(Director)

Mr. Sajjad Khan(Director)
Mr. Sami-ur-Rehman(Director)
Mr. Muhammad Faridoon Rehman(Director)
Mr. Fazl-e-Mabood(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

19.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

27.17

Ordinary Shares (%)

Lowest Price in

2009

Rs.

17.84

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

22.51

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Cigarettes

Capacity

Actual Production

4,422

130.40

Number (Million)

Lakson Tobacco Company Ltd.

Bahria Complex-III, 4th Floor, M.T.Khan Road, Karachi.

Management

Banker

Auditor

Mr. Salman Hameed(Chairman / C.E.O.)

Citi Bank N. A.

Mr. Eunice Hamilton(Director)

Habib Bank Ltd.

Mr. Mohammad Farooq Shakoror(Director)

MCB Bank Ltd.

Mr. joseph mitchell Gault(Director)

Deutsche Bank AG

Mr. Matteo Lorenzo Pellegrini(Director)

The Hong Kong & Shanghai Banking Corporation Ltd

Mr. Douglas Walter Werth(Director)

RBS Bank Ltd.

Mr. Asmer Naim(Director)

Braclays PLC, Pakistan

Date of Annual General Meeting

31st March

Year Ending :

31st December , 2009

M/s. A.F.Ferguson & Co.

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

266.76

Highest Price in

2009

Rs.

347.70

Lowest Price in

2009

Rs.

142.60

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

207.45

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Cigarettes

40

Units
Numbers (Million)

573

Capacity

Actual Production

54,390

29,672

Pakistan Tobacco Company Ltd.

Silver Square, Plot No.15, F-11 Markaz, P.O.Box No. 2549, Islamabad.

Management

Banker

Mr. Mueen Afzal Hi(Chairman)

MCB Bank Ltd.

Mr. Nicholas Stewart Hales(M.D. / C.E.O.)

National Bank Of Pakistan

Auditor
M/s. A. F. Ferguson & Co.

Mr. Chirstopher Edward John Gooddy(Director) Citi Bank N. A.

Lt. Gen. (Retd.) Ali Kuli Khan Khattak(Director)

Habib Bank Limited

Mr. Abid Niaz Hasan(Director)

Deutsch Bank

Mr. Istaqbal Mehdi(Director)

Braclays Bank Ltd.

Mr. Kunwar Idris(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Date of Annual General Meeting

20th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

Rs.

10.00

Market Price as on 31/12/2009

Rs.

105.00

Highest Price in

2009

Rs.

117.00

Lowest Price in

2009

Rs.

52.95

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

79.20

Preference Shares(%)

Investment Yield%

Production Desc
Cigarettes

120

Face Value

Units
in Million

574

15

Capacity

Actual Production

48,111

41,973

Jute Sector

Jute Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

577

2004

2005

2006

2007

2008

2009

437.9
349.1
787.0
0.0
0.0
27.1
27.1
814.1

437.9
993.2
1431.1
0.0
6.4
119.4
125.8
1556.9

437.9
2165.0
2602.9
0.0
46.4
22.1
68.5
2671.4

485.4
2838.4
3323.8
0.0
6.4
54.5
60.9
3384.7

607.6
4288.3
4895.9
0.0
0.0
414.1
414.1
5310.0

523.8
5048.8
5572.6
0.0
0.0
328.0
328.0
5900.6

234.5
16.7
217.8
685.5
1020.9
1940.9
1718.4
1745.5
222.5
722.8
-1483.9

400.6
155.2
245.4
816.3
1121.0
2337.9
1567.0
1692.8
770.9
754.8
-1166.4

756.9
207.6
549.3
1147.4
1861.0
3765.3
1975.2
2043.7
1790.1
785.5
-1218.3

1629.6
889.9
739.7
942.0
1674.1
4245.7
1712.9
1773.8
2532.8
617.2
-83.3

2120.5
94.0
2026.5
1601.9
2310.6
6033.0
2612.7
3026.8
3420.3
1651.7
-492.2

2790.0
549.7
2240.3
1028.1
2112.1
5930.2
1804.2
2132.2
4126.0
947.1
985.8

1237.0
591.8
54.9
2532.7

1454.7
786.0
49.6
3123.9

1779.2
881.2
82.0
4646.5

1817.3
852.0
93.4
5097.7

2327.0
1889.7
93.5
7922.7

2874.3
1774.6
138.8
7704.8

3594.7
3274.1
320.6
3044.7
550.0
3236.0
532.5
86.5
446.0
132.4
88.8
0.0

4880.5
4479.5
401.0
4169.7
710.8
4422.6
621.3
79.1
542.2
195.3
88.8
0.0

6762.7
6250.9
511.8
5594.7
1168.0
5992.6
985.8
97.4
888.4
304.4
1.9
13.9

7760.5
7205.2
555.3
6486.0
1274.5
6955.6
1300.5
110.7
1189.8
345.2
82.0
35.1

10993.0
10339.0
654.0
9521.4
1471.6
10293.1
1183.8
114.9
1068.9
6.5
0.0
60.9

9607.7
9114.3
493.4
8003.3
1604.4
8518.9
1258.2
265.5
992.7
302.8
42.6
42.6

110.1
224.8
-114.7

742.8
258.1
484.7

1114.5
582.1
532.4

713.3
762.6
-49.3

1925.3
1062.4
862.9

590.6
647.3
-56.7

279.7
165.0

307.7
792.4

664.1
1196.5

856.0
806.7

1155.9
2018.8

786.1
729.4

3.3
112.9
53.5
221.8
17.6
204.2
169.5
179.7
90.0
16.2
2.4
12.0
29.7
7.6
56.7

8.1
149.2
77.7
118.3
17.4
34.7
38.8
326.8
90.6
12.7
1.6
10.5
36.0
9.5
37.9

2.6
190.6
96.4
78.5
19.1
52.2
55.5
594.4
88.6
9.9
1.4
12.4
34.3
10.0
34.1

1.8
247.9
150.1
53.4
23.3
106.9
106.1
684.8
89.6
8.5
1.4
17.9
29.0
6.9
35.8

7.8
230.9
142.5
61.8
13.5
55.2
57.3
805.8
93.6
9.7
1.0
7.0
0.6
7.1
21.8

5.6
328.7
211.6
38.3
12.9
109.6
107.8
1063.9
88.7
21.1
2.8
28.0
30.5
4.1
17.8

353.2
11.3
12.4
10.2
7.2
8.4
141.9
29.1
14.8
18.0

390.7
6.2
11.1
12.4
7.9
8.6
156.2
21.6
35.8
32.7

30736.8
0.1
13.1
20.3
13.3
9.5
145.5
63.7
38.6
59.4

1030.0
2.5
15.3
24.5
17.4
10.6
152.2
20.7
14.8
68.5

0.0
0.0
9.7
17.6
17.5
11.1
138.8
-28.2
41.7
80.6

1619.5
0.8
10.3
19.0
13.2
7.8
124.7
8.0
-12.6
106.4

Jute

Operating, Financial & Investment Ratios

350
300
250
%

200
150
100
50
0

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Crescent Jute Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

579

2004

2005

2006

2007

2008

2009

150.6
-556.2
-405.6
0.0
0.0
0.9
0.9
-404.7

150.6
-245.5
-94.9
0.0
0.0
95.1
95.1
0.2

150.6
-305.8
-155.2
0.0
40.0
0.0
40.0
-115.2

150.6
-195.5
-44.9
0.0
0.0
40.0
40.0
-4.9

237.6
76.4
314.0
0.0
0.0
17.5
17.5
331.5

237.6
89.1
326.7
0.0
0.0
72.7
72.7
399.4

54.4
5.2
49.2
99.5
144.5
298.4
818.1
819.0
-519.7
448.1
-763.7

51.3
10.8
40.5
120.6
147.2
319.1
593.0
688.1
-273.9
388.0
-541.7

37.8
4.5
33.3
92.5
126.5
256.8
631.6
671.6
-374.8
342.8
-593.8

80.0
7.6
72.4
59.5
68.9
208.4
416.4
456.4
-208.0
170.0
-336.4

7.3
3.0
4.3
144.8
158.2
310.3
491.9
509.4
-181.6
209.2
-484.6

26.9
25.2
1.7
74.9
143.1
244.9
334.2
406.9
-89.3
264.4
-307.3

232.3
115.1
9.8
413.5

390.6
274.1
8.4
593.2

393.5
259.5
17.9
516.3

355.1
203.2
17.9
411.6

685.3
513.2
22.2
823.5

684.7
488.5
26.3
733.4

302.5
291.0
11.5
290.9
11.6
323.1
19.5
65.8
-46.3
1.5
0.0
0.0

471.2
358.2
113.0
455.0
16.2
512.2
43.1
48.1
-5.0
2.4
0.0
0.0

444.0
337.0
107.0
433.9
10.1
498.8
1.4
53.4
-52.0
2.6
0.0
0.0

461.6
404.9
56.7
478.9
-17.3
554.4
204.0
43.1
160.9
3.1
0.0
0.0

711.1
634.9
76.2
656.6
54.5
739.5
41.1
17.6
23.5
4.1
0.0
0.0

999.8
966.6
33.2
871.7
128.1
966.7
35.6
30.8
4.8
0.3
0.0
0.0

-47.7
-47.8
0.1

404.9
-7.4
412.3

-115.4
-54.6
-60.8

110.3
157.8
-47.5

336.4
19.4
317.0

67.9
4.5
63.4

-38.0
-37.9

1.0
413.3

-36.7
-97.5

175.7
128.2

41.6
358.6

30.8
94.2

36.5
18.8
-11.2
-269.3
106.8
337.4
21.8
14.7
20.2
-

47550.0
53.8
29.0
-0.8
-1.8
0.2
-63.0
108.7
111.6
10.2
12.4
12.5
-

0.0
40.7
20.6
0.0
-10.1
47.3
37.6
-103.1
112.3
3814.3
12.0
15.6
-5.0
8.4
0.0

0.0
50.0
33.5
0.0
39.1
143.1
137.1
-29.8
120.1
21.1
9.3
25.4
1.9
1.8
0.0

5.3
63.1
30.9
162.2
2.9
5.8
11.6
132.2
104.0
42.8
2.5
8.4
17.4
11.9
7.5

18.2
73.3
30.5
124.5
0.7
6.6
32.7
137.5
96.7
86.5
3.1
11.6
6.3
2.9
1.5

-15.3
-3.1
-3.2
7.9
73.2
933.3
51.2
-26.9

-1.1
-0.3
-0.5
7.3
79.4
-90.3
55.8
-6.3

0.0
0.0
-11.7
-3.5
-3.6
6.5
86.0
1066.7
-5.8
-10.3

0.0
0.0
34.9
10.7
10.5
6.9
112.1
-405.7
4.0
-3.0

0.0
0.0
3.3
1.0
0.8
11.0
86.4
-90.7
54.1
13.2

0.0
0.0
0.5
0.2
0.2
5.1
136.3
-80.0
40.6
13.8

Latif Jute Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

580

2004

2005

2006

2007

2008

2009

35.6
-11.2
24.4
0.0
0.0
0.7
0.7
25.1

35.6
0.3
35.9
0.0
0.0
0.0
0.0
35.9

35.6
-0.3
35.3
0.0
0.0
0.0
0.0
35.3

35.6
-1.2
34.4
0.0
0.0
0.0
0.0
34.4

35.6
0.0
35.6
0.0
0.0
0.0
0.0
35.6

35.6
28.9
64.5
0.0
0.0
0.0
0.0
64.5

0.9
0.9
0.0
4.6
0.0
5.5
49.2
49.9
-43.7
1.3
-48.3

0.1
0.1
0.0
0.7
0.0
0.8
28.8
28.8
-28.0
0.0
-28.7

0.2
0.2
0.0
0.7
0.0
0.9
29.2
29.2
-28.3
0.0
-29.0

0.1
0.1
0.0
0.7
0.0
0.8
29.1
29.1
-28.3
0.0
-29.0

0.0
0.0
0.0
0.4
0.0
0.4
27.6
27.6
-27.2
25.2
-27.6

89.2
0.2
89.0
0.4
0.0
89.6
25.1
25.1
64.5
0.0
64.1

83.2
68.8
3.7
74.3

78.8
63.8
0.3
64.6

75.7
63.6
0.2
64.5

62.8
62.8
0.0
63.6

62.8
62.8
0.0
63.2

0.0
0.0
0.0
89.6

12.7
12.7
0.0
21.0
-8.3
30.4
16.9
0.8
16.1
0.4
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.7
-1.9
0.1
-2.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
3.1
-1.9
0.0
-1.9
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
6.0
-1.0
0.0
-1.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.8
1.4
0.0
1.4
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
3.2
28.9
0.0
28.9
0.2
0.0
0.0

-14.2
15.7
-29.9

10.8
-2.0
12.8

-0.6
-1.9
1.3

-0.9
-1.0
0.1

1.2
1.2
0.0

28.9
28.7
0.2

19.4
-10.5

-1.7
11.1

-1.7
-0.4

-1.0
-0.9

1.2
1.2

28.7
28.9

2.8
11.2
11.2
204.5
21.7
68.5
239.4
4.7
6.3
61.5
2.5
7.1
66.0

0.0
2.8
2.8
80.2
-3.1
-18.5
-15.3
100.8
-5.6

0.0
3.1
3.1
82.7
-2.9
316.7
425.0
99.2
0.0
0.0
0.0
0.0
0.0
0.0
-5.4

0.0
2.7
2.7
84.6
-1.6
111.1
111.1
96.6
0.0
0.0
0.0
0.0
0.0
0.0
-2.9

0.0
1.4
1.4
77.5
2.2
100.0
100.0
100.0
0.0
0.0
0.0
0.0
14.3
0.0
3.9

0.0
357.0
357.0
38.9
32.3
99.3
99.3
181.2
0.0
0.0
0.0
0.0
0.7
0.0
44.8

0.0
126.8
4.5
4.4
3.8
17.1
246.2
-92.7
6.9

0.0
-0.6
-0.6
0.4
0.0
-113.3
-100.0
10.1

0.0
0.0
0.0
-0.5
-0.5
0.3
0.0
-16.7
9.9

0.0
0.0
0.0
-0.3
-0.3
0.0
0.0
-40.0
9.7

0.0
0.0
0.0
0.4
0.3
0.0
0.0
-233.3
10.0

0.0
0.0
0.0
8.1
8.1
0.0
0.0
1925.0
18.1

Suhail Jute Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

581

2004

2005

2006

2007

2008

2009

37.5
386.5
424.0
0.0
0.0
21.0
21.0
445.0

37.5
301.0
338.5
0.0
6.4
14.6
21.0
359.5

37.5
333.9
371.4
0.0
6.4
7.7
14.1
385.5

37.5
383.7
421.2
0.0
6.4
1.0
7.4
428.6

37.5
885.5
923.0
0.0
0.0
22.7
22.7
945.7

37.5
756.5
794.0
0.0
0.0
0.0
0.0
794.0

133.7
1.5
132.2
90.1
97.1
320.9
125.8
146.8
195.1
124.8
7.9

170.2
1.5
168.7
121.4
103.7
395.3
280.8
301.8
114.5
184.5
-110.6

232.3
10.8
221.5
117.2
63.8
413.3
267.2
281.3
146.1
184.8
-34.9

302.9
4.5
298.4
95.6
89.6
488.1
295.6
303.0
192.5
221.4
7.3

5.0
2.4
2.6
352.8
90.5
448.3
257.5
280.2
190.8
250.8
-252.5

49.5
2.6
46.9
113.4
101.7
264.6
217.7
217.7
46.9
0.0
-168.2

408.0
250.0
8.1
570.9

410.4
244.9
7.7
640.2

412.4
239.4
7.4
652.7

416.0
236.0
7.1
724.1

342.6
754.9
7.6
1203.2

942.6
746.9
8.1
1011.5

85.8
75.2
10.6
64.7
21.1
90.7
27.1
4.8
22.3
0.5
1.9
0.0

208.6
167.9
40.7
202.5
6.1
230.1
-10.5
9.6
-20.1
0.9
1.9
0.0

206.0
185.5
20.5
197.5
8.5
220.9
27.9
23.0
4.9
1.0
1.9
0.0

236.5
233.8
2.7
236.0
0.5
264.6
19.7
27.4
-7.7
1.2
0.0
0.0

253.7
240.3
13.4
244.4
9.3
280.2
56.2
31.9
24.3
1.2
0.0
0.0

345.0
345.0
0.0
296.1
48.9
327.4
13.8
43.5
-29.7
0.0
0.0
0.0

7.8
19.9
-12.1

-85.5
-22.9
-62.6

26.0
2.0
24.0

43.1
-8.9
52.0

517.1
23.1
494.0

-151.7
-29.7
-122.0

28.0
15.9

-15.2
-77.8

9.4
33.4

-1.8
50.2

30.7
524.7

-21.6
-143.6

4.7
255.1
177.9
34.6
3.9
255.1
176.1
1130.7
105.7
17.7
5.6
3.8
2.2
13.2
5.3

5.8
140.8
103.8
89.2
-3.1
902.7
110.3
4.6
5.2
0.0
-5.9

3.7
154.7
130.8
75.7
0.8
7.7
28.1
990.4
107.2
82.4
11.2
12.4
20.4
6.1
1.3

1.7
165.1
134.8
71.9
-1.1
-20.6
-3.6
1123.2
111.9
139.1
11.6
12.4
-15.6
2.5
-1.8

2.4
174.1
139.0
30.4
2.0
4.5
5.9
2461.3
110.4
56.8
12.6
12.7
4.9
13.4
2.6

0.0
121.5
74.8
27.4
-2.9
19.6
15.0
2117.3
94.9
315.2
12.6
0.0
0.0
1.7
-3.7

1147.4
0.4
26.0
5.9
5.8
3.2
15.0
-7.8
-56.7
113.1

-1105.3
0.6
-9.6
-5.4
-5.6
3.1
32.6
-191.5
143.1
90.3

205.3
0.5
2.4
1.3
1.0
3.0
31.6
-124.1
-1.2
99.0

0.0
0.0
-3.3
-2.1
-2.4
2.9
32.7
-261.5
14.8
112.3

0.0
0.0
9.6
6.5
6.2
3.3
21.1
-409.5
7.3
246.1

0.0
0.0
-8.6
-7.9
-7.9
1.1
34.1
-221.5
36.0
211.7

Thal Limited ( Thal Jute Mills Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

582

2004

2005

2006

2007

2008

2009

69.6
742.8
812.4
0.0
0.0
4.5
4.5
816.9

69.6
1136.4
1206.0
0.0
0.0
9.6
9.6
1215.6

69.6
2362.3
2431.9
0.0
0.0
14.3
14.3
2446.2

117.1
2916.0
3033.1
0.0
0.0
13.5
13.5
3046.6

152.2
3590.9
3743.1
0.0
0.0
373.9
373.9
4117.0

213.1
4174.4
4387.5
0.0
0.0
255.3
255.3
4642.8

41.2
5.2
36.0
424.3
731.0
1196.5
517.7
522.2
678.8
127.3
-476.5

176.0
140.3
35.7
483.0
837.1
1496.1
436.5
446.1
1059.6
160.9
-260.5

474.8
180.4
294.4
856.8
1609.5
2941.1
767.3
781.6
2173.8
236.4
-292.5

1234.5
865.5
369.0
703.1
1465.9
3403.5
654.5
668.0
2749.0
204.5
580.0

2096.0
76.3
2019.7
1020.7
2012.3
5129.0
1518.3
1892.2
3610.7
1145.2
577.7

2624.3
521.6
2102.7
839.4
1867.2
5330.9
1227.3
1482.6
4103.6
682.8
1397.0

433.6
138.0
32.4
1334.5

466.8
156.0
32.1
1652.1

789.8
272.3
55.5
3213.4

868.9
297.6
67.6
3701.1

1121.9
506.4
62.8
5635.4

1247.0
539.2
104.4
5870.1

3066.2
2767.7
298.5
2540.4
525.8
2646.6
453.8
8.2
445.6
129.4
87.0
0.0

4045.9
3798.6
247.3
3346.6
699.3
3496.6
612.2
15.9
596.3
191.0
87.0
0.0

6006.4
5622.2
384.2
4852.0
1154.4
5144.5
977.5
13.9
963.6
300.1
0.0
13.9

6896.0
6431.4
464.6
5587.5
1308.5
5933.1
1110.4
31.5
1078.9
339.9
82.0
35.1

9861.8
9328.7
533.1
8436.7
1425.1
9073.0
1117.7
56.6
1061.1
0.0
0.0
60.9

8262.9
7802.7
460.2
6835.5
1427.4
7221.6
1179.8
191.2
988.6
302.3
42.6
42.6

209.0
229.2
-20.2

398.7
318.3
80.4

1230.6
663.5
567.1

600.4
657.0
-56.6

1070.4
1061.1
9.3

525.8
643.7
-117.9

261.6
241.4

350.4
430.8

719.0
1286.1

724.6
668.0

1123.9
1133.2

748.1
630.2

0.6
231.1
89.9
64.3
33.4
109.7
108.4
1167.2
86.3
1.8
0.3
6.4
29.0
6.1
54.8

0.8
342.7
151.0
37.0
36.1
79.8
81.3
1732.8
86.4
2.6
0.4
9.9
32.0
9.5
49.4

0.6
383.3
173.5
32.1
30.0
53.9
55.9
3494.1
85.7
1.4
0.2
5.9
31.1
10.2
39.6

0.4
520.0
296.0
22.0
29.2
109.4
108.5
2590.2
86.0
2.8
0.5
15.4
31.5
7.4
35.6

9.1
337.8
205.3
50.6
18.8
99.1
99.2
2459.3
92.0
5.1
0.6
4.9
0.0
6.6
28.3

5.5
434.4
282.2
33.8
16.8
122.4
118.7
2058.9
87.4
16.2
2.3
28.0
30.6
4.3
22.5

363.4
10.7
14.5
64.0
45.4
22.5
229.8
12.9
26.6
116.7

465.9
7.2
14.7
85.7
58.2
23.3
244.9
33.9
32.0
173.3

0.0
0.0
16.0
138.4
95.3
23.7
186.9
61.5
48.5
349.4

901.2
2.7
15.6
92.1
63.1
24.7
186.3
-33.5
14.8
259.0

0.0
0.0
10.8
69.7
69.7
21.2
175.0
-24.3
43.0
245.9

1611.0
1.0
12.0
46.4
32.2
20.6
140.8
-33.4
-16.2
205.9

Crescent Jute Products Ltd.

306, 3rd Floor, Sadiq Trade Centre, 72-main Boulevard, Gulberg, Lahore

Management

Banker

Mr. Mazhar Karim(Chairman)

The Bank Of Punjab

Mr. Humayun Mazhar(Chief Executive)

Crescent Standard Modaraba

Mr. Amir Hasnain Zaidi(Director)

MCB Bank Ltd.

Syed Raza Abbas Jafri (NIT)(Director)

Bank Al-Falah Ltd.

Mr. Khalid Bashir(Director)

United Bank Ltd.

Auditor
M/s. Riaz Ahmad & Co.

Mr. Khurram Mazher Karim(Director)

Mr. Rashid M. Hanif(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

4.25

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.07

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Actual Production

Sacking including twine

Units
M.Tons

18,500

11,706

Hessian

M.Tons

4,500

1,069

Latif Jute Mills Ltd.

Hub Chowki Village Beirut, Tehsil Hub, Dist. Lasbella, Balochistan.

Management

Banker

Mr. M. Tariq Bawany(Chairman & C.E.)

RBS Bank Ltd.

Mr. M.Arif(Director)

United Bank Ltd.

Auditor
M/s. Aslam Malik & Co.

Mr. M. Taufiq(Director)
Mr. M. Danish(Director)
Mr. Arif S. Ghazi(Director)
Mr. Arif Yousuf Jaliawala(Director)
Mr. Mohammad Arif Dalia(Director)
Date of Annual General Meeting

19th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.40

Preference Shares(%)

Investment Yield%

Production Desc
Jute spindles and Jute bags

, 2009

Units
M. Tons

583

Capacity

Actual Production

8,000

Nil

Suhail Jute Mills Ltd.

125-Murree Road, Rawalpindi.

Management

Banker

Mr. Sohail Farooq Shaikh(Chairman/ C.E.)

Habib Bank Ltd.

Mrs. Neelum Sohail Shaikh(Director)

National Bank Of Pakistan

Auditor
M/s. Amir Alam Khan & Co.

Mrs. Nadia Shaikh(Director)

Mrs Mehreen Haroon Rashid(Director)
Mrs Ambreen Zahid Bashir(Director)
Mrs. Nazifa Khaliq(Director)
Mrs. Sharmeen Azam Jamil(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

22.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

36.27

Ordinary Shares (%)

Lowest Price in

2009

Rs.

22.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

36.09

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Jute production (Variety Products)

Capacity

Actual Production

6,000

4,948

M. Tons

Thal Limited ( Thal Jute Mills Ltd.)

4th Floor, House of Habib, 3-Jinnah Cooperative Housing Society, Shahrah-e-Faisal, Karachi.

Management

Banker

Auditor

Mr. Rafiq M. Habib(Chairman)

Albaraka Islamic Bank

M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Sohail P. Ahmed(Chief Executive)

Habib Bank Ltd.

Mr. Ali S. Habib(Director)

HSBC Bank Middle East Ltd.

Mr. Mohammadali R. Habib(Director)

Habib Metropolitan Bank Ltd.

Mr. S. Z. Kazmi(Director)

National Bank of Pakistan.

Mr. Mazhar Valjee(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Shahid Mahmood Khan(Director)

United Bank Ltd.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

77.45
194.06

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

20

Lowest Price in

2009

Rs.

40.55

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

106.51

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Jute

M. Tons

33,800

35,197

Auto Air Conditioners

Units

90,000

43,770

Wire Harness

Units

Indeterminable

43,203

584

Vanaspati & Allied Industries Sector

Vanaspati And Allied Industries Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

587

2004

2005

2006

2007

2008

2009

391.4
-3192.0
-2800.6
1.0
0.0
602.3
603.3
-2197.3

367.4
-1496.6
-1129.2
1.0
0.0
410.1
411.1
-718.1

367.4
-1296.7
-929.3
1.0
4.7
350.4
356.1
-573.2

361.5
-1674.0
-1312.5
1.0
0.0
258.4
259.4
-1053.1

281.5
-1736.3
-1454.8
1.0
0.0
228.5
229.5
-1225.3

172.8
-648.5
-475.7
0.0
0.0
2.1
2.1
-473.6

55.3
52.5
2.8
907.7
439.8
1402.8
4787.2
5390.5
-3384.4
2270.7
-4731.9

94.0
41.2
52.8
765.6
427.1
1286.7
3273.8
3684.9
-1987.1
2214.6
-3179.8

226.6
176.5
50.1
806.9
444.9
1478.4
3255.5
3611.6
-1777.1
2972.2
-3028.9

237.7
187.6
50.1
477.2
440.6
1155.5
3061.7
3321.1
-1906.2
1801.5
-2824.0

162.1
112.0
50.1
786.9
675.1
1624.1
3692.6
3922.1
-2068.5
1943.4
-3530.5

157.6
107.6
50.0
488.8
538.3
1184.7
2321.7
2323.8
-1137.0
332.3
-2164.1

1404.4
1186.9
32.3
2589.7

1834.4
1269.1
41.1
2555.8

1393.5
1203.9
53.9
2682.3

1296.5
853.2
32.3
2008.7

1312.8
843.3
32.8
2467.4

996.8
663.3
23.8
1848.0

6360.0
6036.3
323.7
5971.3
388.7
6250.7
341.7
127.2
214.5
54.4
3.0
0.0

6357.7
5646.9
710.8
5958.8
398.9
6282.0
104.9
109.1
-4.2
62.5
1.0
0.0

6484.0
5703.6
780.4
5977.3
506.7
6340.5
66.6
134.1
-67.5
75.3
0.0
0.0

4029.8
4029.8
0.0
3787.1
242.7
4021.3
-51.6
111.2
-162.8
28.1
8.5
0.0

5470.4
5470.4
0.0
5139.7
330.7
5341.2
138.8
139.8
-1.0
39.5
0.0
10.2

4681.4
4681.4
0.0
4380.1
301.3
4602.9
132.6
76.1
56.5
48.0
4.6
7.7

-77.5
157.1
-234.6

1479.2
-67.7
1546.9

144.9
-142.8
287.7

-479.9
-199.4
-280.5

-172.2
-40.5
-131.7

751.7
3.9
747.8

189.4
-45.2

-26.6
1520.3

-88.9
198.8

-167.1
-447.6

-7.7
-139.4

27.7
775.5

29.3
20.1
8.3
-715.5
98.3
37.2
2.0
5.6
25.4
6.7
-

0.0
39.3
26.3
0.0
-0.2
-4.6
-1.7
-307.3
98.8
104.0
1.7
4.9
-1488.1
7.4
0.0

0.0
45.4
31.7
0.0
-2.5
-98.6
-44.7
-252.9
97.8
201.4
2.1
4.5
-111.6
8.3
0.0

0.0
37.7
23.3
0.0
-8.1
41.6
37.3
-363.1
99.8
-215.5
2.8
6.2
-17.3
11.7
0.0

0.0
44.0
25.7
0.0
0.0
23.5
5.5
-516.8
97.6
100.7
2.6
7.2
-3950.0
14.4
0.0

0.0
51.0
27.8
0.0
3.1
0.5
3.6
-275.3
98.3
57.4
1.6
22.9
85.0
5.3
0.0

5336.7
3.4
5.5
4.1
2.9
245.6
685.7
6.0
-71.6

-6670.0
0.0
-0.1
-0.1
-1.8
3.5
248.8
-101.8
0.0
-30.7

0.0
0.0
-1.0
-1.8
-3.9
4.3
241.7
1700.0
2.0
-25.3

-2245.9
0.0
-4.0
-4.5
-5.3
3.5
200.6
150.0
-37.9
-36.3

0.0
0.0
0.0
0.0
-1.4
3.9
221.7
-100.0
35.7
-51.7

184.8
0.0
1.2
3.3
0.5
4.1
253.3
-14.4
-27.5

Vanaspati And Allied Industries

Operating, Financial & Investment Ratios

100

50

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

Morafco Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

589

2004

2005

2006

2007

2008

2009

5.7
-830.3
-824.6
0.0
0.0
0.0
0.0
-824.6

5.7
-831.4
-825.7
0.0
0.0
0.0
0.0
-825.7

5.7
-832.3
-826.6
0.0
0.0
0.0
0.0
-826.6

5.7
-833.5
-827.8
0.0
0.0
0.0
0.0
-827.8

5.7
-834.8
-829.1
0.0
0.0
0.0
0.0
-829.1

5.7
-836.1
-830.4
0.0
0.0
0.0
0.0
-830.4

0.0
0.0
0.0
1.6
0.0
1.6
829.1
829.1
-827.5
0.0
-829.1

0.0
0.0
0.0
1.6
0.0
1.6
830.0
830.0
-828.4
0.0
-830.0

1.3
1.3
0.0
0.7
0.0
2.0
830.9
830.9
-828.9
705.4
-829.6

0.0
0.0
0.0
0.7
0.0
0.7
830.6
830.6
-829.9
0.0
-830.6

0.1
0.1
0.0
0.7
0.0
0.8
831.8
831.8
-831.0
0.0
-831.7

0.1
0.1
0.0
0.7
0.0
0.8
832.9
832.9
-832.1
0.0
-832.8

22.0
2.9
0.3
4.5

22.0
2.6
0.3
4.2

22.0
2.3
0.3
4.3

22.0
2.1
0.2
2.8

22.0
1.9
0.2
2.7

22.0
1.7
0.2
2.5

0.0
0.0
0.0
0.0
0.0
1.5
-1.5
0.0
-1.5
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.1
-1.1
0.0
-1.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.2
-0.8
0.0
-0.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.4
-1.2
0.0
-1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.3
-1.3
0.0
-1.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.3
-1.3
0.0
-1.3
0.0
0.0
0.0

-1.7
-1.5
-0.2

-1.1
-1.1
0.0

-0.9
-0.8
-0.1

-1.2
-1.2
0.0

-1.3
-1.3
0.0

-1.3
-1.3
0.0

-1.2
-1.4

-0.8
-0.8

-0.5
-0.6

-1.0
-1.0

-1.1
-1.1

-1.1
-1.1

0.2
0.2
-33.3
-14466.7
-

0.2
0.2
-26.2
-14486.0
-

-2.6
-2.6
9.4
0.0
0.0
-1446.7

-1.9
-1.9
10.3
0.0
-26.9
-1448.6

0.0
0.0
0.0
0.0
0.2
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.0
-18.6
-42.9
-48.1
-52.0
88.9
100.0
100.0
100.0
83.3
100.0
100.0
100.0
-14501.8 -14522.8 -14545.6 -14568.4
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
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
-1.4
-1.4
11.5
0.0
-26.3
-1450.2

0.0
0.0
0.0
-2.1
-2.1
8.7
0.0
50.0
-1452.3

0.0
0.0
0.0
-2.3
-2.3
9.5
0.0
9.5
-1454.6

0.0
0.0
0.0
-2.3
-2.3
10.5
0.0
0.0
-1456.8

Punjab Oil Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

590

2004

2005

2006

2007

2008

2009

20.4
12.5
32.9
0.0
0.0
23.6
23.6
56.5

20.4
-6.5
13.9
0.0
0.0
8.9
8.9
22.8

20.4
25.4
45.8
0.0
0.0
6.3
6.3
52.1

20.4
125.7
146.1
0.0
0.0
5.8
5.8
151.9

20.4
159.6
180.0
0.0
0.0
4.7
4.7
184.7

30.6
66.4
97.0
0.0
0.0
1.7
1.7
98.7

6.1
3.4
2.7
105.5
36.1
147.7
153.7
177.3
-6.0
76.5
-147.6

8.2
5.5
2.7
80.5
54.1
142.8
187.7
196.6
-44.9
67.5
-179.5

8.6
8.6
0.0
94.6
65.9
169.1
195.9
202.2
-26.8
60.9
-187.3

15.5
15.5
0.0
106.3
77.4
199.2
231.5
237.3
-32.3
51.0
-216.0

39.4
39.4
0.0
371.1
97.4
507.9
507.5
512.2
0.4
44.5
-468.1

38.6
38.6
0.0
261.2
168.9
468.7
554.9
556.6
-86.2
2.1
-516.3

142.4
62.5
4.8
210.2

152.6
67.7
5.0
210.5

168.6
79.1
6.4
248.2

279.6
184.3
6.4
383.5

289.5
184.3
9.8
692.2

299.6
185.1
9.9
653.8

1049.4
1049.4
0.0
1012.1
37.3
1034.2
15.7
4.8
10.9
4.6
2.0
0.0

1178.6
1178.6
0.0
1143.6
35.0
1167.6
11.4
4.0
7.4
5.1
0.0
0.0

1226.5
1226.5
0.0
1171.7
54.8
1207.8
20.0
3.5
16.5
7.9
0.0
0.0

1747.5
1747.5
0.0
1670.9
76.6
1718.4
29.5
2.1
27.4
10.6
4.5
0.0

2509.2
2509.2
0.0
2386.0
123.2
2453.8
57.5
3.2
54.3
18.8
0.0
10.2

2809.9
2809.9
0.0
2625.3
184.6
2718.2
104.3
0.9
103.4
44.1
4.6
7.7

-3.0
4.3
-7.3

-33.7
2.3
-36.0

29.3
8.6
20.7

99.8
12.3
87.5

32.8
35.5
-2.7

-86.0
54.7
-140.7

9.1
1.8

7.3
-28.7

15.0
35.7

18.7
106.2

45.3
42.6

64.6
-76.1

41.8
96.1
72.6
538.9
5.2
505.6
161.3
98.6
30.6
0.5
6.3
42.2
1.0
33.1

39.0
76.1
47.3
1414.4
3.5
68.1
99.1
35.1
0.3
5.9
68.9
1.2
53.2

12.1
86.3
52.7
441.5
6.6
29.4
42.0
224.5
98.5
17.5
0.3
5.7
47.9
1.9
36.0

3.8
86.0
52.6
162.4
7.1
12.3
17.6
716.2
98.3
7.1
0.1
4.1
38.7
1.7
18.8

2.5
100.1
80.9
284.6
7.8
108.2
106.3
882.4
97.8
5.6
0.1
7.2
34.6
10.9
30.2

1.7
84.5
54.0
573.8
15.8
-63.6
-84.9
317.0
96.7
0.9
0.0
42.9
42.6
4.7
106.6

315.0
6.1
1.0
5.3
3.1
7.6
499.2
-5.4
15.2
16.1

0.0
0.6
3.6
1.1
8.0
559.9
-32.1
12.3
6.8

0.0
0.0
1.3
8.1
4.2
9.5
494.2
125.0
4.1
22.5

373.3
3.1
1.6
13.4
8.2
8.1
455.7
65.4
42.5
71.6

0.0
0.0
2.2
26.6
17.4
5.3
362.5
98.5
43.6
88.2

1289.1
4.7
3.7
33.8
19.4
5.4
429.8
27.1
12.0
31.7

S.S. Oil Mills Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

591

2004

2005

2006

2007

2008

2009

56.6
280.2
336.8
0.0
0.0
18.0
18.0
354.8

56.6
267.2
323.8
0.0
0.0
13.5
13.5
337.3

56.6
267.0
323.6
0.0
0.0
4.5
4.5
328.1

56.6
208.0
264.6
0.0
0.0
0.0
0.0
264.6

56.6
220.8
277.4
0.0
0.0
0.0
0.0
277.4

56.6
296.5
353.1
0.0
0.0
0.3
0.3
353.4

10.5
10.5
0.0
107.3
106.3
224.1
147.4
165.4
76.7
98.7
-136.9

10.3
10.3
0.0
77.7
161.8
249.8
184.7
198.2
65.1
112.7
-174.4

1.5
1.5
0.0
176.3
205.6
383.4
319.9
324.4
63.5
277.0
-318.4

13.6
13.6
0.0
166.4
245.0
425.0
417.0
417.0
8.0
252.3
-403.4

61.4
61.4
0.0
196.7
391.0
649.1
629.7
629.7
19.4
455.6
-568.3

3.2
3.2
0.0
167.6
238.0
408.8
399.6
399.9
9.2
213.7
-396.4

402.7
278.2
9.7
502.3

403.8
272.1
7.6
521.9

133.4
264.6
8.7
648.0

404.3
256.6
8.0
681.6

413.3
257.9
7.8
907.0

509.2
344.3
9.5
753.1

1105.1
1105.1
0.0
1054.6
50.5
1070.9
245.3
12.9
232.4
7.5
0.0
0.0

622.5
622.5
0.0
611.0
11.5
622.0
0.8
8.5
-7.7
2.8
0.0
0.0

912.0
912.0
0.0
874.7
37.3
888.2
23.0
22.0
1.0
4.2
0.0
0.0

1026.6
1026.6
0.0
959.7
66.9
975.6
51.1
35.9
15.2
4.6
0.0
0.0

1551.9
1551.9
0.0
1464.1
87.8
1491.3
60.7
41.5
19.2
7.0
0.0
0.0

973.7
973.7
0.0
913.5
60.2
932.1
42.0
30.6
11.4
4.0
0.0
0.0

2.9
224.9
-222.0

-17.5
-10.5
-7.0

-9.2
-3.2
-6.0

-63.5
10.6
-74.1

12.8
12.2
0.6

76.0
7.4
68.6

234.6
12.6

-2.9
-9.9

5.5
-0.5

18.6
-55.5

20.0
20.6

16.9
85.5

5.1
152.0
79.9
49.1
46.3
7755.2
1861.9
595.1
96.9
5.3
1.2
13.1
3.2
5.4
69.0

4.0
135.2
47.6
61.2
-1.5
572.1
99.9
1062.5
1.4
7.5
7.3
-2.4

1.4
119.8
55.6
100.2
0.2
34.8
-1100.0
571.7
97.4
95.7
2.4
7.9
420.0
9.7
0.3

0.0
101.9
43.2
157.6
2.2
-16.7
-33.5
467.5
95.0
70.3
3.5
14.2
30.3
10.0
5.7

0.0
103.1
41.0
227.0
2.1
95.3
97.1
490.1
96.1
68.4
2.7
9.1
36.5
11.1
6.9

0.1
102.3
42.7
113.3
1.5
9.7
19.8
623.9
95.7
72.9
3.1
14.3
35.1
10.9
3.2

0.0
21.0
41.1
39.7
3.5
220.0
953.8
22.0
59.5

0.0
-1.2
-1.4
-1.9
2.7
119.3
-103.4
-43.7
57.2

0.0
0.0
0.1
0.2
-0.6
3.2
140.7
-114.3
46.5
57.2

0.0
0.0
1.5
2.7
1.9
3.0
150.6
1250.0
12.6
46.7

0.0
0.0
1.2
3.4
2.2
3.0
171.1
25.9
51.2
49.0

0.0
0.0
1.2
2.0
1.3
3.7
129.3
-41.2
-37.3
62.4

Wazir Ali Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

592

2004

2005

2006

2007

2008

2009

76.1
-57.3
18.8
0.0
0.0
71.8
71.8
90.6

76.1
-6.2
69.9
0.0
0.0
52.9
52.9
122.8

76.1
-30.2
45.9
0.0
0.0
39.7
39.7
85.6

79.9
-78.3
1.6
0.0
0.0
17.9
17.9
19.5

79.9
-119.4
-39.5
0.0
0.0
0.0
0.0
-39.5

79.9
-175.3
-95.4
0.0
0.0
0.0
0.0
-95.4

10.5
10.5
0.0
60.1
56.4
127.0
146.7
218.5
-19.7
167.4
-136.2

57.3
7.3
50.0
122.8
79.6
259.7
241.7
294.6
18.0
229.2
-184.4

64.2
14.2
50.0
105.3
43.3
212.8
230.7
270.4
-17.9
190.2
-166.5

62.9
12.9
50.0
64.6
104.9
232.4
354.9
372.8
-122.5
193.1
-292.0

60.5
10.5
50.0
63.2
176.3
300.0
475.8
475.8
-175.8
122.3
-415.3

115.8
65.8
50.0
59.2
131.5
306.5
534.3
534.3
-227.8
116.4
-418.5

0.0
110.2
0.0
237.2

136.9
104.7
5.3
364.4

141.1
103.4
5.6
316.2

170.6
141.9
5.0
374.3

168.2
136.3
4.5
436.3

166.1
132.3
4.3
438.8

726.6
726.6
0.0
630.3
96.3
760.9
-33.1
22.1
-55.2
5.4
0.0
0.0

1028.0
1028.0
0.0
893.6
134.4
1033.1
-2.2
18.7
-20.9
11.7
0.0
0.0

1150.5
1150.5
0.0
976.0
174.5
1152.6
-0.3
24.7
-25.0
10.4
0.0
0.0

885.1
885.1
0.0
796.1
89.0
939.5
-30.0
32.8
-62.8
4.5
4.0
0.0

922.0
922.0
0.0
818.2
103.8
906.1
18.8
56.4
-37.6
4.7
0.0
0.0

897.8
897.8
0.0
841.2
56.6
951.2
-12.3
44.7
-57.0
0.0
0.0
0.0

63.7
-60.6
124.3

32.2
-32.6
64.8

-37.2
-35.4
-1.8

-66.1
-71.3
5.2

-59.0
-42.3
-16.7

-55.9
-57.0
1.1

-60.6
63.7

-27.3
37.5

-29.8
-31.6

-66.3
-61.1

-37.8
-54.5

-52.7
-51.6

79.2
86.6
48.1
1162.2
-23.3
-95.1
-95.1
24.7
104.7
3.0
13.2
3.8
-293.6

43.1
107.4
74.5
421.5
-5.7
-101.2
-72.8
91.9
100.5
1.8
8.2
4.3
-29.9

46.4
92.2
73.5
589.1
-7.9
95.2
94.3
60.3
100.2
-8233.3
2.1
13.0
-41.6
3.6
-54.5

91.8
65.5
35.9
23300.0
-16.8
107.9
108.5
2.0
106.1
-109.3
3.7
17.0
-7.2
4.2
-3925.0

0.0
63.1
26.0
0.0
-8.6
71.7
69.4
-49.4
98.3
300.0
6.1
46.1
-12.5
3.6
0.0

0.0
57.4
32.8
0.0
-13.0
102.0
102.1
-119.4
105.9
-363.4
5.0
38.4
0.0
1.2
0.0

0.0
-7.6
-7.3
-8.0
0.0
306.3
114.7
-29.6
2.5

0.0
-2.0
-2.7
-4.3
4.8
282.1
-63.0
41.5
9.2

0.0
0.0
-2.2
-3.3
-4.7
5.3
363.9
22.2
11.9
6.0

-1682.5
250.0
-7.1
-7.9
-8.4
4.8
236.5
139.4
-23.1
0.2

0.0
0.0
-4.1
-4.7
-5.3
3.2
211.3
-40.5
4.2
-4.9

0.0
0.0
-6.3
-7.1
-7.1
3.2
204.6
51.1
-2.6
-11.9

Morafco Industries Ltd.

C/o. Republic Motors (Pvt.) Ltd., 87-Shahrah-e-Quaid-e-Azam, Lahore.

Management

Banker

Mr. Abdul Bari Khan(Chairman / M.D.)

MCB Bank Ltd.

Mr. Sarosh Yousufi(M.D. / C.E.O.)

Soneri Bank Ltd.

Auditor
M/s. Kamran & Co.

Mr. S.Rehan Ul Hasnat(Director)

Mr. Javed Iqbal(Director)
Mr. M. Adil Mannoo(Director)
Mst. Humaira Monnoo(Director)
Mr. Zahid ur-Rehman Mughal(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Ghee production

Capacity

Actual Production

20,000

Nil

M. Tons

Punjab Oil Mills Ltd.

26,27,28, Industrial Triangle, Kahuta Road, Islamabad.

Management

Banker

Mr. Tahir Jahangir(Chairman)

Auditor

Faysal Bank Ltd.

M/s. Qadeer & Co.

Mr. Izaz Ilahi Malik(M.D. / C.E.O.)

Ch. Muhammad Sarwar(Director)
Mr. Firasat Ali (NIT)(Director)
Mr. Gul Nawaz (NIT)(Director)
Sh. Anwar Ahmad Batla(Director)
Mr. Usman Ilahi Malik(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

51.00

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

51.00

Ordinary Shares (%)

15

Lowest Price in

2009

Rs.

30.75

Ordinary Shares Bonus (%)

25

Average Price in

2009

Rs.

40.88

Preference Shares(%)

Production Desc

Investment Yield%

Units

16

Capacity

Actual Production

Ghee/Margerin

M.Tons

20,000

20,000

Cooking Oil

M.Tons

5,000

6,039

593

S.S. Oil Mills Ltd.

2-Tipu Block, New Garden Town, Lahore.

Management

Banker

Auditor

Nawabzada Shahzad Ali Khan(Chairman / C.E.O The Bank Of Punjab

Mr. Shaharyar Ali Khan(Director)

Silk Bank Ltd.

Chaudhry Mohammad Humayun(Director)

MCB Bank Ltd.

M/s. Aslam Malik & Co.

Mr. Ahsan-ud-Din(Director)
Khalifa Mohammad Hasan Saeed(Director)
Mr. Safdar Iqbal Khan(Director)
Mr. Wajahat Ali Khan(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.49

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.85

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.28

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

Oil from Sunflower Seed

M.Tons

20,000

7,257

Oil from Rape Seed

M.Tons

40,000

11,627

Cotton Seed

M.Tons

19,500

Wazir Ali Industries Ltd.

F-33, Hub River Road, S.I.T.E, Karachi.

Management

Banker

Auditor

Syed Yawar Ali(Chairman)

The Royal Bank of Scotland Ltd.

KPMG Taseer Hadi & Co.

Mr. Abdus Samad(Chief Executive)

Habib Bank Ltd.

Mr. Abdul Rashid Janmohammad(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Perwaiz Hasan Khan(Director)

MCB Bank Ltd.

Mr. Mohammad Bashir Janmohammad(Director Natioanl Bank of Paksitan

Mr. Mohammad Rabbani(Director)
Mr. Perwaiz Masud Ansari(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

9.80

Percentage Dividend rate :

Highest Price in

2008

Rs.

20.52

Ordinary Shares (%)

Lowest Price in

2008

Rs.

2.75

Ordinary Shares Bonus (%)

Average Price in

2008

Rs.

11.26

Preference Shares(%)

Investment Yield%

Production Desc
Vanaspati-Ghee & cooking oil

, 2009

Units
M. Tons

594

Capacity

Actual Production

30,000

21,392

Miscelleneous Sector

Miscelleneous Sector

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

597

2004

2005

2006

2007

2008

2009

6595.6
15470.6
22066.2
0.0
699.6
5717.2
6416.8
28483.0

6744.9
22896.9
29641.8
72.0
499.7
7238.8
7810.5
37452.3

7961.3
26044.3
34005.6
72.0
299.8
4688.7
5060.5
39066.1

10555.1
32353.7
42908.8
72.0
99.9
6037.0
6208.9
49117.7

11184.9
38731.3
49916.2
76.8
1499.4
12824.1
14400.3
64316.5

12515.1
43452.9
55968.0
4.8
1499.4
8214.9
9719.1
65687.1

4202.0
4720.4
5854.4
8973.9
12889.9
13382.0
3306.1
3093.4
3727.2
4169.9
4100.4
4134.9
895.9
1627.0
2127.2
4804.0
8789.5
9247.1
9478.1
12502.8
14500.9
17619.7
20912.4
23901.1
10210.6
10870.2
14193.0
16675.3
23934.2
25737.2
23890.7
28093.4
34548.3
43268.9
57736.5
63020.3
20621.4
25423.3
37489.7
43905.6
49959.3
60437.1
27038.2
33233.8
42550.2
50114.5
64359.6
70156.2
3269.3
2670.1
-2941.4
-636.7
7777.2
2583.2
13309.9
15914.3
16111.8
17704.7
31868.3
23632.5
-16419.4 -20702.9 -31635.3 -34931.7 -37069.4 -47055.1
40093.8
25213.6
1896.9
49104.3

52385.9
34782.1
2408.7
62875.5

61607.8
42007.4
2940.1
76555.7

73004.7
83071.8
92960.3
49754.5
56539.4
63103.9
3658.1
3944.0
4499.0
93023.4 114275.9 126124.2

72640.0
69142.2
3497.8
55573.1
17066.9
67074.1
7429.0
805.4
6623.6
1836.0
2983.7
116.9

87171.5 110281.7 131871.5 162877.9 166825.2

82957.1 105161.4 125413.4 155314.5 157804.0
4214.4
5120.3
6458.1
7563.4
9021.2
65776.1
83289.6
98764.6 123838.1 121469.2
21395.4
26992.1
33106.9
39039.8
45356.0
79290.6
99511.4 118916.8 148461.5 149817.2
9119.1
12020.6
14634.1
16861.4
19325.4
1188.4
1942.2
2469.3
3271.8
4100.2
7930.7
10078.4
12164.8
13589.6
15225.2
2125.3
2320.6
2919.6
3932.7
4565.6
2316.8
9853.7
5050.9
5043.2
8119.7
54.4
272.6
118.0
130.5
275.0

7770.4
1803.9
5966.5

8969.3
3488.6
5480.7

1613.8
-2095.9
3709.7

10051.6
4194.3
5857.3

15198.8
4613.7
10585.1

1370.6
2539.9
-1169.3

3700.8
9667.3

5897.3
11378.0

844.2
4553.9

7852.4
13709.7

8557.7
19142.8

7038.9
5869.6

22.5
115.9
66.3
122.5
13.5
23.2
38.3
334.6
92.3
10.8
1.1
6.1
27.7
4.8
30.0

20.9
110.5
67.7
112.1
12.6
38.9
51.8
439.5
91.0
13.0
1.4
7.5
26.8
4.6
26.8

13.0
92.2
54.3
125.1
13.2
-129.9
18.5
427.1
90.2
16.2
1.8
12.1
23.0
4.7
29.6

12.6
98.5
60.6
116.8
13.1
41.7
57.3
406.5
90.2
16.9
1.9
13.9
24.0
5.2
28.4

22.4
115.6
67.7
128.9
11.9
30.4
44.7
446.3
91.1
19.4
2.0
10.3
28.9
4.5
27.2

14.8
104.3
61.7
125.4
12.1
185.3
119.9
447.2
89.8
21.2
2.5
17.3
30.0
5.1
27.2

160.5
13.5
9.1
10.0
7.3
9.7
147.9
-5.7
11.2
33.5

250.6
7.8
9.1
11.8
8.6
9.6
138.6
18.0
20.0
43.9

78.7
29.0
9.1
12.7
9.7
7.9
144.1
7.6
26.5
42.7

183.0
11.8
9.2
11.5
8.8
8.6
141.8
-9.4
19.6
40.7

191.5
10.1
8.3
12.1
8.6
8.0
142.5
5.2
23.5
44.6

131.3
14.5
9.1
12.2
8.5
8.0
132.3
0.8
2.4
44.7

Miscelleneous

Operating, Financial & Investment Ratios

150

100
%

50

2004

2005
Gearing ratio

2006
Debt equity ratio

2007

2008
Current ratio

2009

AKD Capital Ltd. (Akd Securities & Safe Deposit Co. Ltd.)
Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

599

(Million Rupees)
2004

2005

2006

2007

2008

2009

2.8
6.2
9.0
0.0
0.0
0.0
0.0
9.0

25.1
25.3
50.4
0.0
0.0
0.0
0.0
50.4

25.1
-1.3
23.8
0.0
0.0
3.8
3.8
27.6

25.1
-7.1
18.0
0.0
0.0
1.9
1.9
19.9

25.1
-7.1
18.0
0.0
0.0
1.9
1.9
19.9

25.1
-10.3
14.8
0.0
0.0
0.0
0.0
14.8

9.0
1.6
7.4
0.1
0.0
9.1
0.4
0.4
8.7
0.0
8.6

32.1
32.1
0.0
0.2
115.0
147.3
100.9
100.9
46.4
0.0
-68.8

2.2
2.1
0.1
92.8
0.0
95.0
77.9
81.7
17.1
5.7
-75.7

1.6
1.5
0.1
27.8
5.0
34.4
23.4
25.3
11.0
3.2
-21.8

1.6
1.5
0.1
27.8
5.0
34.4
23.4
25.3
11.0
3.2
-21.8

0.4
0.4
0.0
45.2
0.0
45.6
37.9
37.9
7.7
0.3
-37.5

1.0
0.4
0.1
9.5

4.6
3.8
0.1
151.1

13.2
10.5
1.9
105.5

13.3
8.8
1.8
43.2

13.3
8.8
1.8
43.2

14.2
7.0
1.2
52.6

0.0
0.0
0.0
0.0
0.0
0.8
3.8
0.0
3.8
0.0
0.0
1.4

3.1
3.1
0.0
1.2
1.9
3.7
-0.6
0.0
-0.6
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
25.8
-25.7
0.5
-26.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.4
-5.4
0.6
-6.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.4
-5.4
0.6
-6.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
14.0
-14.0
0.2
-14.2
0.0
0.0
0.0

3.7
3.8
-0.1

41.4
-0.6
42.0

-22.8
-26.2
3.4

-7.7
-6.0
-1.7

0.0
-6.0
6.0

-5.1
-14.2
9.1

3.9
3.8

-0.5
41.5

-24.3
-20.9

-4.2
-5.9

-4.2
1.8

-13.0
-3.9

0.0
2275.0
2275.0
4.4
40.0
102.7
102.6
321.4
0.0
0.0
42.2

0.0
146.0
32.0
200.2
-0.4
-1.4
-1.2
200.8
119.4
0.0
0.0
-1.2

13.8
122.0
122.0
343.3
-24.8
114.9
116.3
94.8
0.0
-1.9
0.0
8.8
0.0
0.0
-110.1

9.5
147.0
125.6
140.6
-13.9
77.9
71.2
71.7
0.0
-11.1
0.0
18.8
0.0
0.0
-33.3

9.5
147.0
125.6
140.6
-13.9
0.0
-233.3
71.7
0.0
-11.1
0.0
18.8
0.0
0.0
-33.3

0.0
120.3
120.3
256.1
-27.0
278.4
333.3
59.0
0.0
-1.4
0.0
66.7
0.0
0.0
-95.9

0.0
13.6
13.6
25.0
0.0
195.7
-100.0
32.1

0.0
-19.4
-0.2
-0.2
25.0
2.1
-101.5
20.1

0.0
0.0
0.0
-10.4
-10.4
50.0
0.0
5100.0
-100.0
9.5

0.0
0.0
0.0
-2.4
-2.4
17.1
0.0
-76.9
7.2

0.0
0.0
0.0
-2.4
-2.4
17.1
0.0
0.0
7.2

0.0
0.0
0.0
-5.7
-5.7
14.8
0.0
137.5
5.9

Al-Khair Gadoon Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

600

2004

2005

2006

2007

2008

2009

100.0
27.6
127.6
0.0
0.0
0.0
0.0
127.6

100.0
30.9
130.9
0.0
0.0
0.0
0.0
130.9

100.0
33.3
133.3
0.0
0.0
0.0
0.0
133.3

100.0
39.6
139.6
0.0
0.0
2.7
2.7
142.3

100.0
39.8
139.8
0.0
0.0
1.0
1.0
140.8

100.0
43.2
143.2
0.0
0.0
1.0
1.0
144.2

30.9
0.9
30.0
36.7
37.5
105.1
27.0
27.0
78.1
13.4
3.9

31.9
1.9
30.0
56.5
56.8
145.2
60.7
60.7
84.5
31.1
-28.8

31.9
1.9
30.0
58.2
73.9
164.0
78.0
78.0
86.0
20.5
-46.1

32.2
2.2
30.0
63.8
107.3
203.3
111.8
114.5
91.5
42.5
-79.6

31.5
0.9
30.6
76.1
123.3
230.9
139.6
140.6
91.3
49.4
-108.1

31.3
1.3
30.0
68.0
130.1
229.4
136.8
137.8
92.6
27.7
-105.5

92.3
49.5
4.0
154.6

92.3
46.4
3.8
191.6

96.6
47.3
3.8
211.3

104.8
50.9
5.1
254.2

107.3
49.4
5.1
280.3

114.1
51.6
4.9
281.0

63.5
63.5
0.0
55.1
8.4
62.0
6.3
0.7
5.6
1.7
5.0
0.0

82.3
82.3
0.0
71.3
11.0
80.6
6.0
0.8
5.2
1.8
5.0
0.0

179.8
179.8
0.0
155.6
24.2
176.0
8.4
1.2
7.2
1.5
0.0
0.0

275.2
275.2
0.0
238.3
36.9
276.6
2.2
4.5
-2.3
1.4
0.0
0.0

259.7
259.7
0.0
223.8
35.9
254.6
10.5
1.8
8.7
1.8
10.0
0.0

232.1
232.1
0.0
197.5
34.6
225.6
11.8
2.0
9.8
0.5
0.0
0.0

-1.2
-1.1
-0.1

3.3
-1.6
4.9

2.4
5.7
-3.3

9.0
-3.7
12.7

-1.5
-3.1
1.6

3.4
9.3
-5.9

2.9
2.8

2.2
7.1

9.5
6.2

1.4
14.1

2.0
3.6

14.2
8.3

0.0
389.3
250.4
21.2
3.6
103.6
127.6
97.6
11.1
1.1
5.2
30.4
24.4
4.4

0.0
239.2
145.6
46.4
2.7
-48.5
31.0
130.9
97.9
13.3
1.0
2.6
34.6
20.7
4.0

0.0
210.3
115.5
58.5
3.4
237.5
153.2
133.3
97.9
14.3
0.7
5.9
20.8
11.5
5.4

1.9
181.8
85.9
82.0
-0.9
-41.1
9.9
139.6
100.5
204.5
1.6
10.6
-60.9
10.3
-1.6

0.7
165.4
77.1
100.6
3.1
206.7
55.6
139.8
98.0
17.1
0.7
3.6
20.7
13.3
6.2

0.7
167.7
72.6
96.2
3.5
273.5
171.1
143.2
97.2
16.9
0.9
7.2
5.1
14.3
6.8

78.0
3.9
8.8
0.6
0.4
7.5
41.1
100.0
-7.0
12.8

68.0
3.8
6.3
0.5
0.3
7.7
43.0
-16.7
29.6
13.1

0.0
0.0
4.0
0.7
0.6
8.2
85.1
40.0
118.5
13.3

0.0
0.0
-0.8
-0.2
-0.4
10.8
108.3
-128.6
53.1
14.0

69.0
7.2
3.4
0.9
0.7
10.0
92.7
-550.0
-5.6
14.0

0.0
0.0
4.2
1.0
0.9
9.9
82.6
11.1
-10.6
14.3

Arpak International InvestmentsLtd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

601

2004

2005

2006

2007

2008

2009

40.0
47.0
87.0
0.0
0.0
0.0
0.0
87.0

40.0
48.5
88.5
0.0
0.0
0.0
0.0
88.5

40.0
52.1
92.1
0.0
0.0
0.0
0.0
92.1

40.0
53.3
93.3
0.0
0.0
0.0
0.0
93.3

40.0
154.1
194.1
0.0
0.0
0.0
0.0
194.1

40.0
177.0
217.0
0.0
0.0
0.0
0.0
217.0

77.0
61.8
15.2
5.1
0.0
82.1
2.8
2.8
79.3
0.0
74.2

80.7
54.6
26.1
6.2
0.0
86.9
3.7
3.7
83.2
0.0
77.0

83.7
59.8
23.9
2.8
0.0
86.5
1.7
1.7
84.8
0.0
82.0

86.2
62.1
24.1
2.2
0.0
88.4
2.3
2.3
86.1
0.0
83.9

125.5
2.0
123.5
65.6
0.0
191.1
2.0
2.0
189.1
0.0
123.5

154.0
13.7
140.3
62.7
0.0
216.7
4.6
4.6
212.1
0.0
149.4

0.0
7.6
0.0
89.7

8.2
5.3
0.1
92.2

10.4
7.3
0.1
93.8

10.3
7.2
0.1
95.6

8.2
5.0
0.1
196.1

8.2
5.0
0.1
221.7

2.0
2.0
0.0
2.3
-0.3
2.5
-0.2
0.0
-0.2
0.0
0.0
0.0

3.9
3.9
0.0
0.7
3.2
1.9
2.4
0.0
2.4
0.6
0.0
0.0

6.4
6.4
0.0
0.0
6.4
1.8
4.6
0.0
4.6
1.3
0.0
0.0

8.4
8.4
0.0
0.6
7.8
2.7
5.7
0.0
5.7
1.8
0.0
0.0

8.0
8.0
0.0
1.1
6.9
3.1
4.9
0.0
4.9
1.4
0.0
0.0

9.8
9.8
0.0
3.3
6.5
3.3
20.4
0.0
20.4
2.2
0.0
0.0

0.0
-0.2
0.2

1.5
1.8
-0.3

3.6
3.3
0.3

1.2
3.9
-2.7

100.8
3.5
97.3

22.9
18.2
4.7

-0.2
0.0

1.9
1.6

3.4
3.7

4.0
1.3

3.6
100.9

18.3
23.0

0.0
2932.1
2932.1
3.2
-0.2
217.5
125.0
0.0
0.0
-0.2

0.0
2348.6
2348.6
4.2
2.6
120.0
118.8
221.3
48.7
0.0
0.0
25.0
0.0
2.7

0.0
5088.2
5088.2
1.8
4.9
91.7
91.9
230.3
28.1
0.0
0.0
0.0
28.3
0.0
5.0

0.0
3843.5
3843.5
2.5
6.0
325.0
307.7
233.3
32.1
0.0
0.0
0.0
31.6
0.0
6.1

0.0
9555.0
9555.0
1.0
2.5
3.5
3.6
485.3
38.8
0.0
0.0
0.0
28.6
0.0
2.5

0.0
4710.9
4710.9
2.1
9.2
79.5
79.6
542.5
33.7
0.0
0.0
0.0
10.8
0.0
9.4

0.0
-10.0
-0.1
-0.1
0.0
2.2
-116.7
-57.4
21.8

0.0
61.5
0.6
0.5
1.3
4.2
-700.0
95.0
22.1

0.0
0.0
71.9
1.2
0.8
1.4
6.8
100.0
64.1
23.0

0.0
0.0
67.9
1.4
1.0
1.4
8.8
16.7
31.3
23.3

0.0
0.0
61.3
1.2
0.9
2.0
4.1
-14.3
-4.8
48.5

0.0
0.0
208.2
5.1
4.6
2.0
4.4
325.0
22.5
54.3

Balochistan Glass Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

602

2004

2005

2006

2007

2008

2009

330.0
-15.2
314.8
0.0
0.0
249.3
249.3
564.1

330.0
13.2
343.2
0.0
0.0
444.7
444.7
787.9

429.0
44.2
473.2
0.0
0.0
286.6
286.6
759.8

429.0
-49.5
379.5
0.0
0.0
433.1
433.1
812.6

858.0
-505.8
352.2
0.0
0.0
830.7
830.7
1182.9

858.0
-1014.1
-156.1
0.0
0.0
463.7
463.7
307.6

3.9
3.9
0.0
527.6
387.1
918.6
1335.3
1584.6
-416.7
864.4
-1331.4

4.4
4.4
0.0
532.4
517.7
1054.5
1280.7
1725.4
-226.2
1017.6
-1276.3

12.6
12.6
0.0
589.8
554.8
1157.2
1606.7
1893.3
-449.5
995.1
-1594.1

13.9
13.9
0.0
698.7
603.2
1315.8
1960.2
2393.3
-644.4
1477.1
-1946.3

17.2
17.2
0.0
825.0
586.5
1428.7
1568.5
2399.2
-139.8
1607.4
-1551.3

34.5
34.5
0.0
846.8
552.6
1433.9
2487.0
2950.7
-1053.1
1198.8
-2452.5

1369.7
980.8
84.2
1899.4

1485.1
1014.1
93.8
2068.6

1775.6
1209.2
96.8
2366.4

2138.1
1457.1
114.8
2772.9

2158.2
1322.7
154.4
2751.4

2335.2
1360.7
139.1
2794.6

1033.2
648.2
385.0
771.5
261.7
925.2
108.3
91.4
16.9
6.7
0.0
0.0

1295.0
1123.1
171.9
1031.9
263.1
1140.2
161.8
98.8
63.0
6.6
0.0
0.0

1322.3
1219.6
102.7
1094.4
227.9
1176.8
154.8
127.7
27.1
5.8
0.0
0.0

1369.9
1030.1
339.8
1201.2
168.7
1314.4
60.4
166.1
-105.7
6.2
0.0
0.0

1345.5
1140.6
204.9
1524.6
-179.1
1605.3
-258.6
217.7
-476.3
5.9
0.0
0.0

1033.0
505.5
527.5
1220.4
-187.4
1332.1
-294.0
209.2
-503.2
5.2
0.0
0.0

-82.5
10.2
-92.7

223.8
56.4
167.4

-28.1
21.3
-49.4

52.8
-111.9
164.7

370.3
-482.2
852.5

-875.3
-508.4
-366.9

94.4
1.7

150.2
317.6

118.1
68.7

2.9
167.6

-327.8
524.7

-369.3
-736.2

44.2
68.8
39.8
503.4
0.9
5552.9
95.4
89.5
84.4
8.8
10.6
39.6
23.1
5.4

56.4
82.3
41.9
502.7
3.0
25.2
47.3
104.0
88.0
61.1
7.6
9.7
10.5
15.7
18.4

37.7
72.0
37.5
400.1
1.1
-75.8
171.9
110.3
89.0
82.5
9.7
12.8
21.4
15.5
5.7

53.3
67.1
36.4
630.6
-3.8
-211.9
1.7
88.5
95.9
275.0
12.1
11.2
-5.9
16.9
-27.9

70.2
91.1
53.7
681.2
-17.3
-130.2
-62.5
41.0
119.3
-84.2
16.2
13.5
-1.2
25.2
-135.2

150.7
57.7
35.4
0.0
-18.0
58.1
50.2
-18.2
129.0
-71.2
20.3
17.5
-1.0
24.5
0.0

0.0
1.6
0.5
0.3
9.4
54.4
-61.5
74.9
9.5

0.0
4.9
1.9
1.7
9.6
62.6
280.0
25.3
10.4

0.0
0.0
2.0
0.6
0.5
9.5
55.9
-68.4
2.1
11.0

0.0
0.0
-7.7
-2.5
-2.6
9.5
49.4
-516.7
3.6
8.8

0.0
0.0
-35.4
-5.6
-5.6
10.6
48.9
124.0
-1.8
4.1

0.0
0.0
-48.7
-5.9
-5.9
10.5
37.0
5.4
-23.2
-1.8

Bata Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

603

2004

2005

2006

2007

2008

2009

75.6
533.7
609.3
0.0
0.0
0.0
0.0
609.3

75.6
609.1
684.7
0.0
0.0
0.0
0.0
684.7

75.6
622.0
697.6
0.0
0.0
0.0
0.0
697.6

75.6
897.4
973.0
0.0
0.0
0.0
0.0
973.0

75.6
1360.1
1435.7
0.0
0.0
0.0
0.0
1435.7

75.6
1885.1
1960.7
0.0
0.0
0.0
0.0
1960.7

59.9
40.5
19.4
404.7
541.2
1005.8
663.0
663.0
342.8
168.6
-603.1

55.5
35.0
20.5
419.0
606.8
1081.3
679.2
679.2
402.1
215.8
-623.7

104.9
82.8
22.1
260.3
716.7
1081.9
717.2
717.2
364.7
0.0
-612.3

271.5
247.7
23.8
422.1
770.0
1463.6
900.0
900.0
563.6
0.0
-628.5

119.7
89.0
30.7
334.8
1274.3
1728.8
841.2
841.2
887.6
0.0
-721.5

847.0
461.2
385.8
350.6
1281.9
2479.5
1101.3
1101.3
1378.2
0.0
-254.3

717.7
266.5
29.3
1272.3

765.3
282.6
39.7
1363.9

850.0
332.7
39.0
1414.6

967.9
409.4
39.0
1873.0

1138.9
548.2
66.1
2277.0

1140.8
582.4
66.1
3061.9

2722.3
2548.9
173.4
1886.5
835.8
2553.1
197.4
19.2
178.2
60.6
22.7
0.0

2934.6
2734.9
199.7
1997.2
937.4
2768.8
168.6
40.1
128.5
54.4
34.0
0.0

3309.6
3118.5
191.1
2196.8
1112.8
3116.9
199.9
33.2
166.7
64.7
0.0
0.0

4271.9
4085.7
186.2
2634.8
1637.1
3749.7
527.4
23.4
504.0
137.3
60.5
0.0

5521.1
5347.2
173.9
3357.0
2164.1
4843.2
691.0
27.3
663.7
173.3
60.5
0.0

6428.5
6220.9
207.6
3756.3
2672.2
5592.9
848.2
35.2
813.0
220.5
90.7
0.0

104.6
94.9
9.7

75.4
40.1
35.3

12.9
102.0
-89.1

275.4
306.2
-30.8

462.7
429.9
32.8

525.0
501.8
23.2

124.2
133.9

79.8
115.1

141.0
51.9

345.2
314.4

496.0
528.8

567.9
591.1

0.0
151.7
70.1
108.8
14.0
90.7
92.8
806.0
93.8
9.7
0.7
11.4
34.0
11.5
29.2

0.0
159.2
69.9
99.2
9.4
53.2
69.3
905.7
94.4
23.8
1.4
18.6
42.3
10.8
18.8

0.0
150.9
50.9
102.8
11.8
790.7
271.7
922.8
94.2
16.6
1.0
0.0
38.8
3.9
23.9

0.0
162.6
77.1
92.5
26.9
111.2
109.8
1287.0
87.8
4.4
0.5
0.0
27.2
5.7
51.8

0.0
205.5
54.0
58.6
29.1
92.9
93.8
1899.1
87.7
4.0
0.5
0.0
26.1
1.7
46.2

0.0
225.1
108.7
56.2
26.6
95.6
96.1
2593.5
87.0
4.1
0.5
0.0
27.1
0.4
41.5

518.1
3.7
6.5
23.6
15.6
11.6
214.0
30.4
2.0
80.6

217.9
5.0
4.4
17.0
9.8
14.9
215.2
-28.0
7.8
90.6

0.0
0.0
5.0
22.1
13.5
13.8
234.0
30.0
12.8
92.3

606.1
6.2
11.8
66.7
48.5
11.7
228.1
201.8
29.1
128.7

810.6
4.2
12.0
87.8
64.9
16.1
242.5
31.6
29.2
189.9

653.3
4.6
12.6
107.5
78.4
12.1
210.0
22.4
16.4
259.4

Clover Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

604

2004

2005

2006

2007

2008

2009

54.6
87.7
142.3
0.0
0.0
0.7
0.7
143.0

54.6
159.5
214.1
0.0
0.0
0.3
0.3
214.4

54.6
203.8
258.4
0.0
0.0
0.1
0.1
258.5

65.5
251.5
317.0
0.0
0.0
0.0
0.0
317.0

78.6
300.4
379.0
0.0
0.0
0.0
0.0
379.0

94.3
259.7
354.0
0.0
0.0
0.0
0.0
354.0

122.9
122.9
0.0
32.7
86.9
242.5
147.9
148.6
94.6
1.5
-25.0

197.6
172.6
25.0
25.8
72.4
295.8
120.9
121.2
174.9
0.7
76.7

255.6
230.6
25.0
50.0
105.8
411.4
210.9
211.0
200.5
0.3
44.7

363.7
92.5
271.2
46.6
104.9
515.2
257.7
257.7
257.5
0.0
106.0

218.7
72.9
145.8
118.3
208.9
545.9
249.1
249.1
296.8
0.0
-30.4

200.8
140.2
60.6
186.0
230.1
616.9
368.9
368.9
248.0
0.0
-168.1

90.3
48.5
5.9
291.0

95.4
39.5
14.4
335.3

120.0
58.0
8.5
469.4

132.1
59.5
11.4
574.7

159.5
82.4
8.1
628.3

194.3
105.9
12.4
722.8

654.2
654.2
0.0
423.2
231.0
558.3
97.3
1.1
96.2
32.0
24.6
0.0

744.7
744.7
0.0
494.1
250.6
641.2
107.6
1.5
106.1
38.1
24.6
0.0

943.1
939.8
3.3
633.0
310.1
825.1
127.0
1.6
125.4
41.0
32.8
10.9

1159.0
1159.0
0.0
787.7
371.3
1032.5
134.7
2.4
132.3
48.0
29.5
13.1

1383.2
1383.2
0.0
1008.5
374.7
1264.0
143.5
1.6
141.9
38.7
27.5
15.7

1035.6
1035.6
0.0
779.5
256.1
1022.9
20.4
6.2
14.2
6.4
0.0
0.0

39.5
39.6
-0.1

71.4
43.4
28.0

44.1
51.6
-7.5

58.5
54.8
3.7

62.0
75.7
-13.7

-25.0
7.8
-32.8

45.5
45.4

57.8
85.8

60.1
52.6

66.2
69.9

83.8
70.1

20.2
-12.6

0.5
164.0
105.2
104.4
33.1
100.3
100.2
260.6
85.3
1.1
0.2
73.3
33.3
3.2
67.6

0.1
244.7
184.8
56.6
31.6
60.8
67.4
392.1
86.1
1.4
0.2
214.3
35.9
2.0
49.6

0.0
195.1
144.9
81.7
26.7
117.0
114.3
473.3
87.5
1.3
0.2
533.3
32.7
3.8
48.5

0.0
199.9
159.2
81.3
23.0
93.7
94.7
484.0
89.1
1.8
0.2
0.0
36.3
3.1
41.7

0.0
219.1
135.3
65.7
22.6
122.1
119.5
482.2
91.4
1.1
0.1
0.0
27.3
5.7
37.4

0.0
167.2
104.9
104.2
2.0
-31.2
-160.3
375.4
98.8
30.4
0.6
0.0
45.1
10.8
4.0

261.0
17.3
14.7
17.6
11.8
14.2
224.8
-33.3
7.3
26.1

276.4
11.5
14.2
19.4
12.5
29.7
222.1
10.2
13.8
39.2

257.3
12.7
13.3
23.0
15.5
21.5
200.9
18.6
26.6
47.3

285.8
9.3
11.4
20.2
12.9
19.7
201.7
-12.2
22.9
48.4

375.3
7.3
10.3
18.1
13.1
13.6
220.1
-10.4
19.3
48.2

0.0
0.0
1.4
1.5
0.8
15.0
143.3
-91.7
-25.1
37.5

Dadabhoy Construction Tech. Ltd.(Pak German Prefabs Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

605

(Million Rupees)

2004

2005

2006

2007

2008

2009

14.0
-66.6
-52.6
0.0
0.0
0.0
0.0
-52.6

23.2
-71.9
-48.7
0.0
0.0
0.0
0.0
-48.7

23.2
-67.9
-44.7
0.0
0.0
0.0
0.0
-44.7

23.2
-67.4
-44.2
0.0
0.0
0.0
0.0
-44.2

23.2
-66.3
-43.1
0.0
0.0
0.0
0.0
-43.1

23.2
-68.0
-44.8
0.0
0.0
0.0
0.0
-44.8

0.0
0.0
0.0
0.5
0.0
0.5
66.3
66.3
-65.8
1.7
-66.3

2.3
2.3
0.0
1.3
2.2
5.8
66.9
66.9
-61.1
0.0
-64.6

2.6
2.6
0.0
0.8
4.5
7.9
59.4
59.4
-51.5
0.0
-56.8

0.6
0.6
0.0
1.4
4.3
6.3
57.0
57.0
-50.7
0.0
-56.4

0.7
0.7
0.0
2.1
4.8
7.6
57.0
57.0
-49.4
0.0
-56.3

0.5
0.5
0.0
2.7
3.4
6.6
57.7
57.7
-51.1
0.0
-57.2

27.6
13.3
1.1
13.8

42.0
12.4
1.0
18.2

18.7
6.8
0.8
14.7

18.8
6.6
0.4
12.9

18.8
6.2
0.4
13.8

19.2
6.2
0.4
12.8

0.0
0.0
0.0
0.0
0.0
1.8
-1.8
0.0
-1.8
0.0
0.0
0.0

6.0
6.0
0.0
1.9
4.1
11.4
-4.8
0.0
-4.8
0.0
0.0
0.0

4.7
4.7
0.0
2.1
2.6
5.4
4.0
0.0
4.0
0.0
0.0
0.0

4.8
4.8
0.0
2.8
2.0
4.2
0.6
0.0
0.6
0.0
0.0
0.0

3.4
3.4
0.0
1.5
1.9
2.4
1.1
0.0
1.1
0.0
0.0
0.0

3.4
3.4
0.0
1.9
1.5
5.2
-1.8
0.0
-1.8
0.0
0.0
0.0

-1.7
-1.8
0.1

3.9
-4.8
8.7

4.0
4.0
0.0

0.5
0.6
-0.1

1.1
1.1
0.0

-1.7
-1.8
0.1

-0.7
-0.6

-3.8
4.9

4.8
4.8

1.0
0.9

1.5
1.5

-1.4
-1.3

0.8
0.8
-13.0
-375.7
0.0
-

8.7
5.4
-26.4
-123.1
-77.6
-209.9
190.0
0.0
3.3
-

0.0
13.3
5.7
0.0
27.2
100.0
100.0
-192.7
114.9
0.0
0.0
0.0
0.0
2.1
0.0

0.0
11.1
3.5
0.0
4.7
120.0
111.1
-190.5
87.5
0.0
0.0
0.0
0.0
6.3
0.0

0.0
13.3
4.9
0.0
8.0
100.0
100.0
-185.8
70.6
0.0
0.0
0.0
0.0
2.9
0.0

0.0
11.4
5.5
0.0
-14.1
105.9
107.7
-193.1
152.9
0.0
0.0
0.0
0.0
5.9
0.0

-1.3
-1.3
7.7
0.0
-78.7
-37.6

-80.0
-2.1
-2.1
7.5
33.0
61.5
-21.0

0.0
0.0
85.1
1.7
1.7
6.5
32.0
-181.0
-21.7
-19.3

0.0
0.0
12.5
0.3
0.3
5.9
37.2
-82.4
2.1
-19.1

0.0
0.0
32.4
0.5
0.5
6.1
24.6
66.7
-29.2
-18.6

0.0
0.0
-52.9
-0.8
-0.8
6.5
26.6
-260.0
0.0
-19.3

Diamond Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

606

2004

2005

2006

2007

2008

2009

90.0
209.9
299.9
0.0
0.0
0.0
0.0
299.9

90.0
279.7
369.7
0.0
0.0
0.0
0.0
369.7

90.0
269.3
359.3
0.0
0.0
0.0
0.0
359.3

90.0
293.6
383.6
0.0
0.0
0.0
0.0
383.6

90.0
331.6
421.6
0.0
0.0
0.0
0.0
421.6

90.0
535.4
625.4
0.0
0.0
0.0
0.0
625.4

66.0
2.0
64.0
154.8
28.1
248.9
14.5
14.5
234.4
0.0
51.5

33.1
1.3
31.8
203.7
10.9
247.7
58.8
58.8
188.9
0.0
-25.7

67.7
0.8
66.9
172.4
4.7
244.8
52.9
52.9
191.9
0.0
14.8

95.6
0.5
95.1
174.2
0.8
270.6
40.7
40.7
229.9
0.0
54.9

162.3
0.7
161.6
164.5
0.0
326.8
46.6
46.6
280.2
0.0
115.7

162.0
3.5
158.5
388.1
0.0
550.1
55.0
55.0
495.1
0.0
107.0

162.3
65.5
6.0
314.4

293.0
180.8
16.4
428.5

294.0
167.4
14.9
412.2

293.6
153.7
13.6
424.3

293.6
141.4
12.3
468.2

293.6
130.2
11.2
680.3

271.8
269.6
2.2
356.9
-85.1
411.7
-20.7
16.8
-37.5
1.2
0.0
0.0

158.3
158.3
0.0
218.7
-60.4
249.7
7.7
7.6
0.1
1.2
0.0
0.0

24.4
24.4
0.0
32.3
-7.9
42.7
-12.8
0.1
-12.9
0.3
0.0
0.0

6.3
6.3
0.0
15.8
-9.5
19.5
-0.4
0.4
-0.8
0.1
0.0
0.0

0.0
0.0
0.0
9.5
-9.5
41.4
-24.9
0.0
-24.9
0.3
0.0
0.0

999.9
999.9
0.0
958.6
41.3
1015.7
193.5
0.0
193.5
0.1
0.0
0.0

25.3
-38.7
64.0

69.8
-1.1
70.9

-10.4
-13.2
2.8

24.3
-0.9
25.2

38.0
-25.2
63.2

203.8
193.4
10.4

-32.7
31.3

15.3
86.2

1.7
4.5

12.7
37.9

-12.9
50.3

204.6
215.0

0.0
1716.6
1522.8
4.8
-11.9
-153.0
-104.5
333.2
151.5
6.2
3.6
-12.5

0.0
421.3
402.7
15.9
0.0
-1.6
17.7
410.8
157.7
98.7
4.8
1200.0
21.8
0.0

0.0
462.8
453.9
14.7
-3.1
126.9
37.8
399.2
175.0
-0.8
0.4
0.0
-2.3
142.2
-3.6

0.0
664.9
662.9
10.6
-0.2
-3.7
33.5
426.2
309.5
-100.0
6.3
0.0
-12.5
549.2
-0.2

0.0
701.3
701.3
11.1
-5.3
-66.3
-25.6
468.4
0.0
0.0
0.0
0.0
-1.2
0.0
-5.9

0.0
1000.2
1000.2
8.8
28.4
94.9
95.2
694.9
101.6
0.0
0.0
0.0
0.1
11.1
30.9

0.0
-13.8
-4.2
-4.3
7.1
86.5
-1150.0
921.8
33.3

0.0
0.1
0.0
-0.1
25.0
36.9
-100.0
-41.8
41.1

0.0
0.0
-52.9
-1.4
-1.5
8.2
5.9
0.0
-84.6
39.9

0.0
0.0
-12.7
-0.1
-0.1
8.1
1.5
-92.9
-74.2
42.6

0.0
0.0
0.0
-2.8
-2.8
8.0
0.0
2700.0
-100.0
46.8

0.0
0.0
19.4
21.5
21.5
7.9
147.0
-867.9
69.5

Dreamworld Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

607

2004

2005

2006

2007

2008

2009

320.0
10.1
330.1
0.0
0.0
0.0
0.0
330.1

320.0
16.9
336.9
0.0
0.0
0.0
0.0
336.9

320.0
25.2
345.2
0.0
0.0
0.0
0.0
345.2

320.0
28.4
348.4
0.0
0.0
0.0
0.0
348.4

320.0
20.3
340.3
0.0
0.0
0.0
0.0
340.3

320.0
25.2
345.2
0.0
0.0
0.0
0.0
345.2

4.2
4.2
0.0
23.3
0.0
27.5
46.6
46.6
-19.1
0.0
-42.4

5.3
5.3
0.0
20.5
0.0
25.8
55.3
55.3
-29.5
0.0
-50.0

11.7
11.7
0.0
19.6
0.0
31.3
95.8
95.8
-64.5
0.0
-84.1

11.6
11.6
0.0
31.3
2.0
44.9
140.4
140.4
-95.5
0.0
-128.8

7.3
7.3
0.0
37.5
0.0
44.8
136.3
136.3
-91.5
0.0
-129.0

6.9
6.9
0.0
44.7
0.0
51.6
134.7
134.7
-83.1
0.0
-127.8

439.3
349.1
14.0
376.6

471.9
366.3
16.9
392.1

543.6
409.8
34.1
441.1

615.7
443.9
38.8
488.8

639.1
431.7
36.7
476.5

670.9
428.4
35.1
480.0

167.5
167.5
0.0
147.3
20.2
164.5
12.1
0.8
11.3
0.8
1.1
0.0

239.1
239.1
0.0
206.1
33.0
234.8
10.3
1.5
8.8
1.1
0.0
0.0

435.4
435.4
0.0
369.7
65.7
417.9
10.8
0.0
10.8
2.4
0.0
0.0

391.4
391.4
0.0
322.2
69.2
381.0
10.3
0.0
10.3
2.0
0.0
0.0

321.6
321.6
0.0
272.4
49.2
327.3
-6.6
1.5
-8.1
1.6
0.0
0.0

314.2
314.2
0.0
244.3
69.9
308.8
5.4
1.5
3.9
0.1
32.0
0.0

1.0
9.4
-8.4

6.8
7.7
-0.9

8.3
8.4
-0.1

3.2
8.3
-5.1

-8.1
-9.7
1.6

4.9
-28.2
33.1

23.4
15.0

24.6
23.7

42.5
42.4

47.1
42.0

27.0
28.6

6.9
40.0

0.0
59.0
59.0
14.1
3.0
940.0
156.0
103.2
98.2
6.6
0.5
7.1
7.6
3.4

0.0
46.7
46.7
16.4
2.2
113.2
103.8
105.3
98.2
14.6
0.6
12.5
2.2
2.6

0.0
32.7
32.7
27.8
2.4
101.2
100.2
107.9
96.0
0.0
0.0
0.0
22.2
1.2
3.1

0.0
32.0
30.6
40.3
2.1
259.4
112.1
108.9
97.3
0.0
0.0
0.0
19.4
1.6
3.0

0.0
32.9
32.9
40.1
-1.7
119.8
94.4
106.3
101.8
-22.7
0.5
0.0
-19.8
2.8
-2.4

0.0
38.3
38.3
39.0
0.8
-575.5
17.3
107.9
98.3
27.8
0.5
0.0
2.6
3.5
1.1

954.5
0.3
6.7
0.4
0.3
4.1
44.5
300.0
58.8
10.3

0.0
3.7
0.3
0.2
4.8
61.0
-25.0
42.7
10.5

0.0
0.0
2.5
0.3
0.3
9.3
98.7
0.0
82.1
10.8

0.0
0.0
2.6
0.3
0.3
9.5
80.1
0.0
-10.1
10.9

0.0
0.0
-2.5
-0.3
-0.3
8.3
67.5
-200.0
-17.8
10.6

11.9
9.3
1.2
0.1
0.1
8.1
65.5
-133.3
-2.3
10.8

Eco Pack Ltd.( Plastobag Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

608

2004

2005

2006

2007

2008

2009

57.1
200.1
257.2
0.0
0.0
161.6
161.6
418.8

142.7
202.7
345.4
0.0
0.0
269.4
269.4
614.8

164.1
249.3
413.4
0.0
0.0
334.4
334.4
747.8

229.8
187.9
417.7
0.0
0.0
558.7
558.7
976.4

229.8
108.5
338.3
0.0
0.0
577.5
577.5
915.8

229.8
163.7
393.5
0.0
0.0
433.0
433.0
826.5

3.0
3.0
0.0
108.1
75.7
186.8
339.1
500.7
-152.3
210.9
-336.1

2.5
2.5
0.0
165.1
169.2
336.8
422.3
691.7
-85.5
376.7
-419.8

7.0
7.0
0.0
243.0
227.0
477.0
562.7
897.1
-85.7
482.8
-555.7

3.1
3.1
0.0
335.8
386.4
725.3
810.4
1369.1
-85.1
868.1
-807.3

36.3
36.3
0.0
353.3
319.7
709.3
879.7
1457.2
-170.4
983.4
-843.4

0.8
0.8
0.0
347.1
231.8
579.7
1024.4
1457.4
-444.7
867.3
-1023.6

0.0
571.1
0.0
757.9

902.0
700.2
36.6
1037.0

1080.4
833.5
48.7
1310.5

1368.3
1061.4
62.6
1786.7

1467.4
1086.2
77.8
1795.5

1730.6
1271.1
80.9
1850.8

509.6
509.6
0.0
399.0
110.6
451.0
61.6
19.5
42.1
2.2
5.7
28.5

865.9
865.9
0.0
710.7
155.2
783.5
85.9
32.6
53.3
3.8
0.0
21.4

1341.8
1341.8
0.0
1099.3
242.5
1196.7
148.5
57.4
91.1
5.8
0.0
21.4

1463.4
1463.4
0.0
1262.7
200.7
1357.1
115.7
107.2
8.5
6.3
0.0
0.0

2056.6
2056.6
0.0
1907.9
148.7
2017.1
71.1
142.2
-71.1
8.8
0.0
0.0

1764.9
1764.9
0.0
1577.2
187.7
1681.6
89.6
195.4
-105.8
0.0
0.0
0.0

201.0
34.2
166.8

196.0
49.5
146.5

133.0
85.3
47.7

228.6
2.2
226.4

-60.6
-79.9
19.3

-89.3
-105.8
16.5

34.2
201.0

86.1
232.6

134.0
181.7

64.8
291.2

-2.1
17.2

-24.9
-8.4

38.6
55.1
32.8
194.7
5.6
17.0
17.0
450.4
88.5
31.7
3.8
9.2
5.2
12.0
16.4

43.8
79.8
39.7
200.3
5.1
25.3
37.0
242.0
90.5
38.0
3.8
8.7
7.1
11.8
15.4

44.7
84.8
44.4
217.0
7.0
64.1
73.7
251.9
89.2
38.7
4.3
11.9
6.4
10.1
22.0

57.2
89.5
41.8
327.8
0.5
1.0
22.3
181.8
92.7
92.7
7.3
12.3
74.1
12.0
2.0

63.1
80.6
44.3
430.7
-4.0
131.8
-12.2
147.2
98.1
200.0
6.9
14.5
-12.4
12.3
-21.0

52.4
56.6
34.0
370.4
-5.7
118.5
296.4
171.2
95.3
218.1
11.1
22.5
0.0
12.5
-26.9

700.0
2.2
8.3
7.4
7.0
0.0
67.2
722.2
49.8
45.0

0.0
6.2
3.7
3.5
6.4
83.5
-50.0
69.9
24.2

0.0
0.0
6.8
5.6
5.2
7.0
102.4
51.4
55.0
25.2

0.0
0.0
0.6
0.4
0.1
7.5
81.9
-92.9
9.1
18.2

0.0
0.0
-3.5
-3.1
-3.5
7.3
114.5
-875.0
40.5
14.7

0.0
0.0
-6.0
-4.6
-4.6
7.4
95.4
48.4
-14.2
17.1

Emco Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

609

2004

2005

2006

2007

2008

2009

153.3
-249.4
-96.1
0.0
0.0
14.0
14.0
-82.1

153.3
84.6
237.9
0.0
0.0
207.5
207.5
445.4

153.3
20.6
173.9
0.0
0.0
188.5
188.5
362.4

153.3
288.1
441.4
0.0
0.0
279.5
279.5
720.9

153.3
264.9
418.2
0.0
0.0
344.1
344.1
762.3

350.0
176.7
526.7
0.0
0.0
356.2
356.2
882.9

13.1
13.1
0.0
352.7
202.7
568.5
975.8
989.8
-407.3
504.4
-962.7

23.4
23.4
0.0
305.6
215.3
544.3
788.2
995.7
-243.9
525.6
-764.8

35.2
35.2
0.0
348.6
289.0
672.8
1002.1
1190.6
-329.3
718.2
-966.9

50.3
50.3
0.0
324.6
292.3
667.2
959.6
1239.1
-292.4
807.5
-909.3

38.6
38.6
0.0
382.2
361.0
781.8
1158.9
1503.0
-377.1
989.9
-1120.3

58.6
58.6
0.0
481.7
437.3
977.6
1255.6
1611.8
-278.0
997.4
-1197.0

873.2
325.1
32.4
893.6

1289.8
689.4
41.9
1233.7

1328.5
691.7
71.0
1364.5

1714.6
1013.1
133.0
1680.3

1924.2
1139.5
92.0
1921.3

2026.2
1160.8
85.7
2138.4

857.6
760.2
97.4
662.7
194.9
760.1
100.6
62.5
38.1
3.8
0.0
0.0

1014.4
906.5
107.9
793.3
221.1
923.0
158.9
53.7
105.2
4.5
0.0
0.0

1179.0
1014.5
164.5
967.0
212.0
1118.1
69.3
83.7
-14.4
6.7
0.0
0.0

1373.5
1223.0
150.5
1109.1
264.4
1268.5
109.9
99.0
10.9
6.0
0.0
0.0

1427.8
1348.6
79.2
1160.6
267.2
1337.9
96.5
112.0
-15.5
6.3
0.0
0.0

1550.5
1457.5
93.0
1283.5
267.0
1474.8
82.1
185.2
-103.1
1.2
0.0
0.0

-52.0
34.3
-86.3

527.5
100.7
426.8

-83.0
-21.1
-61.9

358.5
4.9
353.6

41.4
-21.8
63.2

120.6
-104.3
224.9

66.7
-19.6

142.6
569.4

49.9
-12.0

137.9
491.5

70.2
133.4

-18.6
206.3

58.3
37.5
4.3
-62.7
88.6
62.1
7.3
12.4
10.0
12.9
-

46.6
69.1
41.7
418.5
8.5
19.1
25.0
155.2
91.0
33.8
5.3
10.2
4.3
18.3
44.2

52.0
67.1
38.3
684.6
-1.1
25.4
-415.8
113.4
94.8
120.8
7.1
11.7
-46.5
19.8
-8.3

38.8
69.5
39.1
280.7
0.6
1.4
28.1
287.9
92.4
90.1
7.2
12.3
55.0
14.9
2.5

45.1
67.5
36.3
359.4
-0.8
-52.7
52.6
272.8
93.7
116.1
7.8
11.3
-40.6
15.8
-3.7

40.3
77.9
43.0
306.0
-4.8
-86.5
-9.0
150.5
95.1
225.6
11.9
18.6
-1.2
18.0
-19.6

4.4
2.5
2.2
10.2
96.0
-457.1
23.4
-6.3

0.0
10.4
6.9
6.6
12.9
82.2
176.0
18.3
15.5

0.0
0.0
-1.2
-0.9
-1.4
10.3
86.4
-113.0
16.2
11.3

0.0
0.0
0.8
0.7
0.3
19.2
81.7
-177.8
16.5
28.8

0.0
0.0
-1.1
-1.0
-1.4
9.1
74.3
-242.9
4.0
27.3

0.0
0.0
-6.6
-2.9
-3.0
9.5
72.5
190.0
8.6
15.0

Fateh Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

610

2004

2005

2006

2007

2008

2009

20.0
-139.7
-119.7
0.0
0.0
7.1
7.1
-112.6

20.0
-181.8
-161.8
0.0
0.0
0.0
0.0
-161.8

20.0
-187.9
-167.9
0.0
0.0
0.0
0.0
-167.9

20.0
-189.9
-169.9
0.0
0.0
0.0
0.0
-169.9

20.0
-188.7
-168.7
0.0
0.0
0.0
0.0
-168.7

20.0
-183.0
-163.0
0.0
0.0
0.0
0.0
-163.0

0.0
0.0
0.0
119.1
0.0
119.1
320.6
327.7
-201.5
29.1
-320.6

0.0
0.0
0.0
117.2
0.0
117.2
328.3
328.3
-211.1
17.9
-328.3

0.0
0.0
0.0
116.6
0.0
116.6
329.2
329.2
-212.6
0.0
-329.2

0.1
0.0
0.1
114.7
0.0
114.8
325.2
325.2
-210.4
0.0
-325.1

0.2
0.0
0.2
121.8
0.0
122.0
327.5
327.5
-205.5
0.0
-327.3

0.1
0.0
0.1
134.5
0.0
134.6
331.1
331.1
-196.5
0.0
-331.0

172.8
88.9
9.5
208.0

172.8
49.2
8.6
166.4

172.8
44.7
4.6
161.3

172.8
40.5
4.1
155.3

172.8
36.8
3.7
158.8

172.8
33.5
3.3
168.1

0.0
0.0
0.0
0.0
0.0
9.7
-4.5
3.5
-8.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
40.6
-39.4
2.7
-42.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
5.8
-5.4
0.7
-6.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
6.8
-2.1
0.0
-2.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
6.2
1.2
0.0
1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
6.5
5.7
0.0
5.7
0.0
0.0
0.0

-22.1
-8.0
-14.1

-49.2
-42.1
-7.1

-6.1
-6.1
0.0

-2.0
-2.1
0.1

1.2
1.2
0.0

5.7
5.7
0.0

1.5
-12.6

-33.5
-40.6

-1.5
-1.5

2.0
2.1

4.9
4.9

9.0
9.0

37.1
37.1
-3.8
-598.5
12.0
-

35.7
35.7
-25.3
-809.0
15.1
-

0.0
35.4
35.4
0.0
-3.8
100.0
100.0
-839.5
0.0
-13.0
0.0
0.0
0.0
0.0
0.0

0.0
35.3
35.3
0.0
-1.4
105.0
95.2
-849.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
37.3
37.3
0.0
0.8
100.0
100.0
-843.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
40.7
40.7
0.0
3.4
100.0
100.0
-815.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-4.0
-4.0
9.7
0.0
900.0
-59.9

-21.1
-21.1
9.7
0.0
427.5
-80.9

0.0
0.0
0.0
-3.1
-3.1
9.3
0.0
-85.3
-84.0

0.0
0.0
0.0
-1.1
-1.1
9.2
0.0
-64.5
-85.0

0.0
0.0
0.0
0.6
0.6
9.1
0.0
-154.5
-84.4

0.0
0.0
0.0
2.9
2.9
9.0
0.0
383.3
-81.5

Frontier Ceramics Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

611

2004

2005

2006

2007

2008

2009

77.4
223.9
301.3
0.0
0.0
157.5
157.5
458.8

77.4
77.3
154.7
0.0
0.0
3.0
3.0
157.7

77.4
58.2
135.6
0.0
0.0
0.0
0.0
135.6

77.4
38.9
116.3
0.0
0.0
0.0
0.0
116.3

77.4
-66.3
11.1
0.0
0.0
283.4
283.4
294.5

77.4
27.1
104.5
0.0
0.0
88.9
88.9
193.4

0.7
0.7
0.0
108.3
170.3
279.3
184.3
341.8
95.0
212.3
-183.6

0.0
0.0
0.0
83.9
48.5
132.4
323.6
326.6
-191.2
89.0
-323.6

0.5
0.5
0.0
86.4
61.1
148.0
347.8
347.8
-199.8
84.0
-347.3

0.3
0.3
0.0
96.2
91.2
187.7
424.3
424.3
-236.6
0.0
-424.0

1.0
1.0
0.0
41.6
57.9
100.5
150.6
434.0
-50.1
283.4
-149.6

3.6
3.6
0.0
34.5
68.3
106.4
250.1
339.0
-143.7
143.5
-246.5

579.1
363.8
13.2
643.1

516.7
348.9
13.6
481.3

0.0
335.4
0.0
483.4

610.7
352.9
13.6
540.6

617.2
344.6
14.8
445.1

624.0
337.0
14.3
443.4

49.7
49.7
0.0
57.8
-8.1
80.6
-27.0
4.2
-31.2
0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0
157.5
-134.2
2.4
-136.6
0.0
0.0
0.0

5.4
5.4
0.0
10.0
-4.6
14.4
-8.7
0.0
-8.7
0.0
0.0
0.0

56.7
56.7
0.0
62.6
-5.9
74.5
-17.2
0.2
-17.4
0.2
0.0
0.0

94.3
94.3
0.0
179.2
-84.9
205.7
-104.5
0.2
-104.7
0.4
0.0
0.0

124.2
124.2
0.0
121.8
2.4
143.6
94.4
0.8
93.6
0.2
0.0
0.0

107.9
-31.4
139.3

-301.1
-136.6
-164.5

-22.1
-8.7
-13.4

-19.3
-17.6
-1.7

178.2
-105.1
283.3

-101.1
93.4
-194.5

-18.2
121.1

-123.0
-287.5

-8.7
-22.1

-4.0
-5.7

-90.3
193.0

107.7
-86.8

34.3
151.5
59.1
113.4
-4.9
-29.1
-15.0
389.3
162.2
8.5
2.0
124.7
-10.4

1.9
40.9
25.9
211.1
-28.4
199.9
2.7
-88.3

0.0
42.6
25.0
256.5
-1.8
39.4
39.4
175.2
266.7
0.0
0.0
0.0
0.0
1161.1
-6.4

0.0
44.2
22.7
364.8
-3.2
91.2
70.2
150.3
131.4
-1.2
0.4
0.0
-1.1
126.8
-15.0

96.2
66.7
28.3
3909.9
-23.5
-59.0
-46.8
14.3
218.1
-0.2
0.2
0.1
-0.4
24.4
-943.2

46.0
42.5
15.2
324.4
21.1
-92.4
-124.1
135.0
115.6
0.8
0.6
0.6
0.2
10.8
89.6

0.0
-62.8
-4.0
-4.1
4.2
7.7
400.0
-65.6
38.9

0.0
-17.6
-17.6
3.7
0.0
340.0
-100.0
20.0

0.0
0.0
-161.1
-1.1
-1.1
0.0
1.1
-93.8
17.5

0.0
0.0
-30.7
-2.2
-2.3
4.1
10.5
100.0
950.0
15.0

0.0
0.0
-111.0
-13.5
-13.6
4.2
21.2
513.6
66.3
1.4

0.0
0.0
75.4
12.1
12.1
4.1
28.0
-189.6
31.7
13.5

Gammon Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

612

2004

2005

2006

2007

2008

2009

50.0
3.4
53.4
0.0
0.0
0.6
0.6
54.0

50.0
-3.6
46.4
0.0
0.0
1.9
1.9
48.3

50.0
83.9
133.9
0.0
0.0
0.9
0.9
134.8

50.0
70.3
120.3
0.0
0.0
0.3
0.3
120.6

80.8
62.5
143.3
0.0
0.0
0.6
0.6
143.9

282.7
225.7
508.4
0.0
0.0
0.5
0.5
508.9

43.5
21.8
21.7
143.4
0.7
187.6
180.7
181.3
6.9
5.6
-137.2

52.5
30.8
21.7
169.2
0.0
221.7
218.1
220.0
3.6
13.0
-165.6

74.7
58.9
15.8
28.6
197.0
300.3
312.5
313.4
-12.2
35.8
-237.8

55.0
48.5
6.5
330.8
0.0
385.8
431.7
432.0
-45.9
15.9
-376.7

83.6
22.2
61.4
342.0
0.0
425.6
427.0
427.6
-1.4
1.0
-343.4

163.8
72.6
91.2
320.6
0.0
484.4
201.5
202.0
282.9
5.6
-37.7

136.3
47.2
4.9
234.8

135.0
44.7
4.4
266.4

241.5
147.0
4.4
447.3

248.3
166.4
5.4
552.2

186.9
145.4
4.1
571.0

272.9
226.0
5.3
710.4

59.6
59.6
0.0
63.5
-3.9
83.3
-19.9
0.6
-20.5
5.7
0.0
0.0

257.0
257.0
0.0
241.9
15.1
263.1
4.6
1.3
3.3
10.5
0.0
0.0

532.2
532.2
0.0
491.4
40.8
510.0
15.5
2.0
13.5
16.0
0.0
0.0

795.4
795.4
0.0
749.8
45.6
775.7
38.1
13.2
24.9
31.9
0.0
0.0

412.3
412.3
0.0
375.8
36.5
413.4
-20.5
14.5
-35.0
6.0
0.0
0.0

255.4
255.4
0.0
230.6
24.8
258.5
37.9
9.1
28.8
1.1
0.0
0.0

-9.9
-26.2
16.3

-5.7
-7.2
1.5

86.5
-2.5
89.0

-14.2
-7.0
-7.2

23.3
-41.0
64.3

365.0
27.7
337.3

-21.3
-5.0

-2.8
-1.3

1.9
90.9

-1.6
-8.8

-36.9
27.4

33.0
370.3

1.1
103.8
103.4
339.5
-8.7
106.8
139.8
1.0
10.7
180.4
-38.4

3.9
101.7
101.7
474.1
1.2
92.8
102.4
28.3
0.5
10.0
318.2
0.0
7.1

0.7
96.1
33.1
234.1
3.0
-2.9
2.1
267.8
95.8
12.9
0.4
5.6
118.5
0.0
10.1

0.2
89.4
89.4
359.1
4.5
49.3
18.2
240.6
97.5
34.6
1.7
83.0
128.1
33.0
20.7

0.4
99.7
99.7
298.4
-6.1
-176.0
-134.7
177.4
100.3
-70.7
3.5
1450.0
-17.1
62.7
-24.4

0.1
240.4
240.4
39.7
4.1
7.6
8.9
179.8
101.2
24.0
3.6
162.5
3.8
0.0
5.7

0.0
-34.4
-4.1
-5.2
9.6
25.4
-73.4
-2.6
10.7

0.0
1.3
0.7
-1.4
9.3
96.5
-117.1
331.2
9.3

0.0
0.0
2.5
2.7
-0.5
9.8
119.0
285.7
107.1
26.8

0.0
0.0
3.1
5.0
-1.4
3.7
144.0
85.2
49.5
24.1

0.0
0.0
-8.5
-4.3
-5.1
3.0
72.2
-186.0
-48.2
17.7

0.0
0.0
11.3
1.0
1.0
3.6
36.0
-123.3
-38.1
18.0

Ghani Glass Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

613

2004

2005

2006

2007

2008

2009

241.7
570.9
812.6
0.0
0.0
49.2
49.2
861.8

302.1
755.0
1057.1
0.0
0.0
44.3
44.3
1101.4

639.8
1581.1
2220.9
0.0
0.0
73.7
73.7
2294.6

799.7
1737.3
2537.0
0.0
0.0
24.8
24.8
2561.8

839.7
2076.4
2916.1
0.0
0.0
41.7
41.7
2957.8

881.7
2579.2
3460.9
0.0
0.0
32.0
32.0
3492.9

56.7
56.7
0.0
321.4
246.9
625.0
234.5
283.7
390.5
49.2
-177.8

57.2
7.2
50.0
549.5
256.1
862.8
280.3
324.6
582.5
180.7
-223.1

32.5
32.5
0.0
1088.9
462.6
1584.0
1184.1
1257.8
399.9
455.0
-1151.6

139.8
133.2
6.6
1331.6
550.8
2022.2
1413.6
1438.4
608.6
547.8
-1273.8

50.7
44.1
6.6
1710.7
658.1
2419.5
1722.9
1764.6
696.6
557.4
-1672.2

124.7
34.5
90.2
1422.7
792.3
2339.7
1483.3
1515.3
856.4
183.8
-1358.6

730.2
471.3
23.7
1096.3

827.3
518.8
50.3
1381.6

2402.6
1894.6
194.5
3478.6

2666.1
1953.4
204.9
3975.6

3158.5
2261.0
188.3
4680.5

3758.8
2636.5
230.0
4976.2

959.7
917.8
41.9
679.4
280.3
737.8
231.1
0.0
231.1
31.7
24.2
60.4

1617.8
1562.9
54.9
1258.6
359.2
1340.1
297.8
4.8
293.0
78.4
24.2
15.1

3106.0
2886.9
219.1
2396.5
709.5
2630.6
615.3
56.9
558.4
15.4
191.9
159.9

3594.4
3212.9
381.5
2817.3
777.1
3166.6
521.5
45.9
475.6
14.4
159.9
40.0

4621.2
3960.9
660.3
3376.9
1244.3
3834.6
878.8
71.0
807.8
131.0
167.9
42.0

5191.8
4491.9
699.9
3665.6
1526.2
4184.2
1086.5
93.1
993.4
248.1
264.5
88.2

264.2
175.2
89.0

239.6
190.4
49.2

1193.2
351.1
842.1

267.2
301.3
-34.1

396.0
508.9
-112.9

535.1
480.8
54.3

198.9
287.9

240.7
289.9

545.6
1387.7

506.2
472.1

697.2
584.3

710.8
765.1

5.7
266.5
161.2
34.9
21.1
66.3
69.1
336.2
76.9
0.0
0.0
0.0
13.7
18.8
28.4

4.0
307.8
216.4
30.7
21.2
79.5
83.0
349.9
82.8
1.6
0.3
2.7
26.8
15.4
27.7

3.2
133.8
94.7
56.6
16.1
29.4
39.3
347.1
84.7
9.2
1.8
12.5
2.8
13.5
25.1

1.0
143.1
104.1
56.7
12.0
112.8
107.2
317.2
88.1
8.8
1.3
8.4
3.0
10.6
18.7

1.4
140.4
102.2
60.5
17.3
128.5
119.3
347.3
83.0
8.1
1.5
12.7
16.2
9.2
27.7

0.9
157.7
104.3
43.8
20.0
89.9
92.9
392.5
80.6
8.6
1.8
50.7
25.0
6.7
28.7

824.0
3.0
24.1
9.6
8.2
12.2
87.5
-21.3
51.8
33.6

886.8
2.3
18.1
9.7
7.1
10.7
117.1
1.0
68.6
35.0

283.0
8.6
18.0
8.7
8.5
10.6
89.3
-10.3
92.0
34.7

288.4
6.3
13.2
5.9
5.8
10.8
90.4
-32.2
15.7
31.7

403.1
5.8
17.5
9.6
8.1
9.6
98.7
62.7
28.6
34.7

281.8
7.6
19.1
11.3
8.5
10.2
104.3
17.7
12.3
39.3

Ghani Value Glass Limited

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

614

2005

2006

2007

2008

2009

75.4
41.4
116.8
0.0
0.0
0.0
0.0
116.8

3.5
3.5
0.0
51.8
57.4
112.7
171.1
171.1
-58.4
0.0
-167.6

186.3
175.2
3.8
287.9

265.3
229.2
36.1
244.9
20.4
266.0
7.1
0.6
6.5
0.1
6.0
0.0

0.4
-

4.2
-

0.0
65.9
32.3
146.5
2.3
0.0
0.0
154.9
100.3
8.5
0.2
0.0
1.5
8.2
5.6

106.7
5.1
2.5
0.9
0.8
28.6
92.2
-10.0
15.5

Gillette Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

615

2004

2005

2006

2007

2008

2009

192.0
20.2
212.2
0.0
0.0
0.0
0.0
212.2

192.0
36.1
228.1
0.0
0.0
0.0
0.0
228.1

192.0
60.3
252.3
0.0
0.0
0.0
0.0
252.3

192.0
37.3
229.3
0.0
0.0
0.0
0.0
229.3

192.0
71.7
263.7
0.0
0.0
0.0
0.0
263.7

192.0
171.4
363.4
0.0
0.0
0.0
0.0
363.4

206.4
170.2
36.2
32.1
35.5
274.0
75.1
75.1
198.9
0.0
131.3

245.0
232.0
13.0
58.8
18.7
322.5
107.9
107.9
214.6
0.0
137.1

21.2
21.2
0.0
254.1
66.9
342.2
92.0
92.0
250.2
0.0
-70.8

131.0
131.0
0.0
270.1
129.2
530.3
304.8
304.8
225.5
0.0
-173.8

68.3
68.3
0.0
229.1
143.4
440.8
179.5
179.5
261.3
0.0
-111.2

8.1
8.1
0.0
470.6
145.4
624.1
261.9
261.9
362.2
0.0
-253.8

29.8
13.3
3.9
287.3

29.3
13.6
4.6
336.1

14.7
2.0
3.1
344.2

16.0
3.8
3.0
534.1

4.3
2.4
2.7
443.2

3.4
1.3
0.7
625.4

572.9
572.9
0.0
419.7
153.2
553.2
28.9
0.3
28.6
21.8
0.0
0.0

817.7
817.7
0.0
618.5
199.2
790.4
44.1
0.2
43.9
37.5
0.0
0.0

662.1
662.1
0.0
491.4
170.7
630.2
50.6
0.1
50.5
34.2
0.0
0.0

743.8
743.8
0.0
577.6
166.2
736.1
27.9
0.3
27.6
50.7
0.0
0.0

1449.3
1449.3
0.0
1118.5
330.8
1414.4
73.1
0.7
72.4
65.2
9.6
0.0

727.6
727.6
0.0
460.1
267.5
655.2
125.0
0.3
124.7
20.1
0.0
0.0

-26.3
6.8
-33.1

15.9
6.4
9.5

24.2
16.3
7.9

-23.0
-23.1
0.1

34.4
-2.4
36.8

99.7
104.6
-4.9

10.7
-22.4

11.0
20.5

19.4
27.3

-20.1
-20.0

0.3
37.1

105.3
100.4

0.0
364.8
317.6
35.4
10.0
110.5
96.6
1.0
0.1
76.2
1.2
13.5

0.0
298.9
281.6
47.3
13.1
40.3
53.7
118.8
96.7
0.5
0.0
85.4
4.6
19.2

0.0
372.0
299.2
36.5
14.7
67.4
71.1
131.4
95.2
0.2
0.0
0.0
67.7
8.2
20.0

0.0
174.0
131.6
132.9
5.2
100.4
100.5
119.4
99.0
1.1
0.0
0.0
183.7
13.3
12.0

0.0
245.6
165.7
68.1
16.3
-7.0
0.8
137.3
97.6
1.0
0.0
0.0
90.1
12.2
27.5

0.0
238.3
182.8
72.1
19.9
104.9
104.9
189.3
90.0
0.2
0.0
0.0
16.1
13.5
34.3

0.0
5.0
1.5
0.4
20.7
199.4
-76.6
-9.1
11.1

0.0
5.4
2.3
0.3
34.6
243.3
53.3
42.7
11.9

0.0
0.0
7.6
2.6
0.8
22.8
192.4
13.0
-19.0
13.1

0.0
0.0
3.7
1.4
-1.2
150.0
139.3
-46.2
12.3
11.9

75.0
3.6
5.0
3.8
0.4
135.0
327.0
171.4
94.9
13.7

0.0
0.0
17.1
6.5
5.4
29.2
116.3
71.1
-49.8
18.9

Goodluck Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

616

2004

2005

2006

2007

2008

2009

3.0
7.7
10.7
0.0
0.0
0.0
0.0
10.7

3.0
9.0
12.0
0.0
0.0
0.0
0.0
12.0

3.0
9.9
12.9
0.0
0.0
0.0
0.0
12.9

3.0
6.1
9.1
0.0
0.0
0.0
0.0
9.1

3.0
7.4
10.4
0.0
0.0
0.0
0.0
10.4

3.0
9.2
12.2
0.0
0.0
0.0
0.0
12.2

0.4
0.4
0.0
2.4
11.8
14.6
7.3
7.3
7.3
4.2
-6.9

0.3
0.3
0.0
2.4
9.9
12.6
3.7
3.7
8.9
0.0
-3.4

0.5
0.5
0.0
2.6
10.2
13.3
3.1
3.1
10.2
0.0
-2.6

1.8
1.8
0.0
2.0
12.3
16.1
9.5
9.5
6.6
2.8
-7.7

5.1
5.1
0.0
2.1
6.9
14.1
7.2
7.2
6.9
0.0
-2.1

1.6
1.6
0.0
1.5
14.4
17.5
8.4
8.4
9.1
0.0
-6.8

14.1
3.4
0.5
18.0

14.2
3.0
0.5
15.6

14.2
2.7
0.4
16.0

14.3
2.4
0.3
18.5

15.7
3.4
0.4
17.5

15.7
3.0
0.4
20.5

194.7
194.7
0.0
188.0
6.7
192.3
2.4
0.0
2.4
1.0
0.6
0.0

219.7
219.7
0.0
212.9
6.8
217.6
2.1
0.0
2.1
1.1
0.6
0.0

238.0
238.0
0.0
231.3
6.7
235.9
2.1
0.1
2.0
1.2
0.6
0.0

238.9
238.9
0.0
230.5
8.4
236.0
2.9
0.0
2.9
1.2
0.6
0.0

301.7
301.7
0.0
292.6
9.1
298.2
3.5
0.1
3.4
1.5
0.6
0.0

428.3
428.3
0.0
417.2
11.1
423.5
4.8
0.2
4.6
1.9
0.6
0.0

1.2
0.8
0.4

1.3
0.4
0.9

0.9
0.2
0.7

-3.8
1.1
-4.9

1.3
1.3
0.0

1.8
2.1
-0.3

1.3
1.7

0.9
1.8

0.6
1.3

1.4
-3.5

1.7
1.7

2.5
2.2

0.0
200.0
38.4
68.2
13.3
66.7
76.5
356.7
98.8
0.0
0.0
0.0
41.7
0.1
22.4

0.0
340.5
73.0
30.8
13.5
30.8
50.0
400.0
99.0
0.0
0.0
52.4
0.1
17.5

0.0
429.0
100.0
24.0
12.5
22.2
46.2
430.0
99.1
4.8
0.0
0.0
60.0
0.2
15.5

0.0
169.5
40.0
104.4
15.7
-28.9
-40.0
303.3
98.8
0.0
0.0
0.0
41.4
0.4
31.9

0.0
195.8
100.0
69.2
19.4
100.0
100.0
346.7
98.8
2.9
0.0
0.0
44.1
0.5
32.7

0.0
208.3
36.9
68.9
22.4
116.7
113.6
406.7
98.9
4.2
0.0
0.0
41.3
0.3
37.7

233.3
5.6
1.2
8.0
4.7
20.8
1081.7
-8.0
-6.3
35.7

166.7
5.0
1.0
7.0
3.3
14.7
1408.3
-12.5
12.8
40.0

133.3
4.7
0.8
6.7
2.7
13.3
1487.5
-4.3
8.3
43.0

283.3
6.6
1.2
9.7
5.7
11.1
1291.4
44.8
0.4
30.3

316.7
5.8
1.1
11.3
6.3
16.7
1724.0
16.5
26.3
34.7

450.0
4.9
1.1
15.3
9.0
11.8
2089.3
35.4
42.0
40.7

Grays Of Cambridge (Pakistan) Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

617

2004

2005

2006

2007

2008

2009

16.3
228.8
245.1
0.0
0.0
0.0
0.0
245.1

16.3
283.4
299.7
0.0
0.0
0.0
0.0
299.7

16.3
263.4
279.7
0.0
0.0
0.0
0.0
279.7

16.3
252.3
268.6
0.0
0.0
0.0
0.0
268.6

16.3
232.0
248.3
0.0
0.0
0.0
0.0
248.3

16.3
206.9
223.2
0.0
0.0
0.0
0.0
223.2

123.0
46.0
77.0
105.4
40.8
269.2
46.4
46.4
222.8
0.0
76.6

134.8
14.2
120.6
106.5
47.8
289.1
14.3
14.3
274.8
0.0
120.5

134.2
32.3
101.9
82.9
51.9
269.0
17.6
17.6
251.4
0.0
116.6

133.3
27.3
106.0
75.3
55.1
263.7
21.4
21.4
242.3
0.0
111.9

106.2
4.2
102.0
61.7
63.9
231.8
19.7
19.7
212.1
0.0
86.5

86.0
10.6
75.4
48.2
72.0
206.2
18.9
18.9
187.3
0.0
67.1

44.9
22.4
3.1
291.6

50.2
24.9
3.6
314.0

56.7
28.4
3.3
297.4

56.2
26.4
3.0
290.1

67.3
36.2
3.7
268.0

70.2
36.0
4.4
242.2

97.2
2.2
95.0
63.4
33.8
89.3
32.2
0.7
31.5
3.3
32.7
0.0

100.5
0.0
100.5
61.1
39.4
91.6
26.3
0.7
25.6
2.7
0.0
0.0

120.3
4.0
116.3
74.6
45.7
107.7
29.9
0.8
29.1
4.1
28.6
0.0

130.1
6.7
123.4
84.4
45.7
118.8
24.2
0.9
23.3
3.3
28.6
0.0

138.6
5.2
133.4
89.7
48.9
126.1
11.7
0.7
11.0
2.5
16.3
0.0

134.6
7.8
126.8
80.9
53.7
115.4
-7.4
0.7
-8.1
1.7
4.1
57.2

95.5
-4.5
100.0

54.6
22.9
31.7

-20.0
-3.6
-16.4

-11.1
-8.6
-2.5

-20.3
-7.8
-12.5

-25.1
-13.9
-11.2

-1.4
98.6

26.5
58.2

-0.3
-16.7

-5.6
-8.1

-4.1
-16.6

-9.5
-20.7

0.0
580.2
492.2
18.9
10.8
-4.7
-1.4
1503.7
91.9
2.2
0.7
10.5
24.2
12.9

0.0
2021.7
1687.4
4.8
8.2
41.9
45.5
1838.7
91.1
2.7
0.7
10.5
17.2
8.5

0.0
1528.4
1233.5
6.3
9.8
18.0
1.8
1716.0
89.5
2.7
0.7
0.0
14.1
19.3
10.4

0.0
1232.2
974.8
8.0
8.0
77.5
69.1
1647.9
91.3
3.7
0.7
0.0
14.2
21.8
8.7

0.0
1176.6
852.3
7.9
4.1
38.4
24.7
1523.3
91.0
6.0
0.5
0.0
22.7
16.6
4.4

0.0
1091.0
710.1
8.5
-3.3
55.4
45.9
1369.3
85.7
-9.5
0.5
0.0
-21.0
16.8
-3.6

86.2
13.3
32.4
19.3
17.3
16.0
33.3
-15.4
-3.6
150.4

0.0
25.5
15.7
14.0
16.1
32.0
-18.7
3.4
183.9

87.4
10.2
24.2
17.9
15.3
13.3
40.5
14.0
19.7
171.6

69.9
10.6
17.9
14.3
12.3
10.6
44.8
-20.1
8.1
164.8

52.1
6.6
7.9
6.7
5.2
14.0
51.7
-53.1
6.5
152.3

-239.0
1.8
-6.0
-5.0
-6.0
12.2
55.6
-174.6
-2.9
136.9

Hashimi Can Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

618

2004

2005

2006

2007

2008

2009

16.3
49.0
65.3
0.0
0.0
16.0
16.0
81.3

16.3
44.3
60.6
0.0
0.0
16.0
16.0
76.6

16.3
34.3
50.6
0.0
0.0
16.0
16.0
66.6

16.3
21.8
38.1
0.0
0.0
16.0
16.0
54.1

16.3
12.3
28.6
0.0
0.0
16.0
16.0
44.6

16.3
-3.2
13.1
0.0
0.0
16.0
16.0
29.1

2.4
2.4
0.0
24.5
10.4
37.3
55.0
71.0
-17.7
18.8
-52.6

1.1
1.1
0.0
24.1
10.8
36.0
57.4
73.4
-21.4
18.3
-56.3

0.3
0.3
0.0
22.8
11.1
34.2
64.5
80.5
-30.3
18.2
-64.2

0.4
0.4
0.0
22.9
8.7
32.0
74.2
90.2
-42.2
18.2
-73.8

0.1
0.1
0.0
23.7
8.7
32.5
83.4
99.4
-50.9
18.2
-83.3

0.2
0.2
0.0
23.7
11.4
35.3
100.9
116.9
-65.6
18.2
-100.7

141.1
99.0
1.2
136.3

141.1
98.0
1.1
134.0

141.1
97.0
0.9
131.2

141.2
96.2
0.9
128.2

141.2
95.5
0.8
128.0

140.7
94.8
0.7
130.1

72.2
67.3
4.9
59.5
12.7
69.0
3.7
3.3
0.4
0.0
0.0
0.0

60.3
53.9
6.4
52.7
7.6
62.4
-1.6
3.1
-4.7
0.0
0.0
0.0

36.0
32.6
3.4
33.7
2.3
42.6
-6.1
3.9
-10.0
0.0
0.0
0.0

25.1
20.2
4.9
25.0
0.1
33.9
-7.6
4.0
-11.6
1.0
0.0
0.0

14.7
6.2
8.5
16.9
-2.2
25.1
-9.3
0.2
-9.5
0.1
0.0
0.0

10.7
8.6
2.1
19.4
-8.7
26.9
-13.5
1.9
-15.4
0.1
0.0
0.0

16.1
0.4
15.7

-4.7
-4.7
0.0

-10.0
-10.0
0.0

-12.5
-12.6
0.1

-9.5
-9.6
0.1

-15.5
-15.5
0.0

1.6
17.3

-3.6
-3.6

-9.1
-9.1

-11.7
-11.6

-8.8
-8.7

-14.8
-14.8

19.7
67.8
48.9
108.7
0.3
2.5
9.2
400.6
95.6
89.2
4.6
17.6
0.0
11.1
0.6

20.9
62.7
43.9
121.1
-3.5
371.8
103.5
5.1
16.9
11.9
-7.8

24.0
53.0
35.8
159.1
-7.6
100.0
100.0
310.4
118.3
-63.9
10.8
21.4
0.0
17.8
-19.8

29.6
43.1
31.4
236.7
-9.0
100.8
100.9
233.7
135.1
-52.6
15.9
22.0
-8.6
24.7
-30.4

35.9
39.0
28.5
347.6
-7.4
101.1
101.1
175.5
170.7
-2.2
1.4
1.1
-1.1
40.1
-33.2

55.0
35.0
23.7
892.4
-11.8
100.0
100.0
80.4
251.4
-14.1
17.8
10.4
-0.6
64.5
-117.6

0.0
0.6
0.2
0.2
1.2
53.0
-105.9
19.3
40.1

0.0
-7.8
-2.9
-2.9
1.1
45.0
-1550.0
-16.5
37.2

0.0
0.0
-27.8
-6.1
-6.1
0.9
27.4
110.3
-40.3
31.0

0.0
0.0
-46.2
-7.1
-7.7
0.9
19.6
16.4
-30.3
23.4

0.0
0.0
-64.6
-5.8
-5.9
0.8
11.5
-18.3
-41.4
17.5

0.0
0.0
-143.9
-9.4
-9.5
0.7
8.2
62.1
-27.2
8.0

Haydari Construction Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

619

2004

2005

2006

2007

2008

2009

32.0
-12.0
20.0
0.0
0.0
0.0
0.0
20.0

32.0
-12.7
19.3
0.0
0.0
0.0
0.0
19.3

32.0
-13.1
18.9
0.0
0.0
0.0
0.0
18.9

32.0
-13.3
18.7
0.0
0.0
0.0
0.0
18.7

32.0
-13.4
18.6
0.0
0.0
0.0
0.0
18.6

32.0
-13.5
18.5
0.0
0.0
0.0
0.0
18.5

1.4
1.4
0.0
12.7
12.7
26.8
7.8
7.8
19.0
0.0
-6.4

0.5
0.5
0.0
12.7
12.7
25.9
7.8
7.8
18.1
0.0
-7.3

0.2
0.2
0.0
25.4
0.0
25.6
7.8
7.8
17.8
0.0
-7.6

0.1
0.0
0.1
25.4
0.0
25.5
7.8
7.8
17.7
0.0
-7.7

0.2
0.1
0.1
12.7
12.7
25.6
7.9
7.9
17.7
0.0
-7.7

0.0
0.0
0.0
25.4
0.0
25.4
7.8
7.8
17.6
0.0
-7.8

6.8
0.9
0.1
27.7

7.1
1.1
0.1
27.0

7.1
1.0
0.1
26.6

7.1
0.9
0.1
26.4

7.0
0.9
0.1
26.5

6.4
0.8
0.1
26.2

1.3
1.3
0.0
0.7
0.6
0.9
0.4
0.0
0.4
0.2
0.0
0.0

0.1
0.1
0.0
0.2
-0.1
0.8
-0.7
0.0
-0.7
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.3
-0.3
0.0
-0.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.3
-0.3
0.0
-0.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.3
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.2
-0.2
0.2
0.0
0.0
0.0
0.0
0.0
0.0

0.2
0.2
0.0

-0.7
-0.7
0.0

-0.4
-0.3
-0.1

-0.2
-0.3
0.1

-0.1
-0.1
0.0

-0.1
0.0
-0.1

0.3
0.3

-0.6
-0.6

-0.2
-0.3

-0.2
-0.1

0.0
0.0

0.1
0.0

0.0
343.6
180.8
39.0
1.4
100.0
100.0
62.5
69.2
0.0
0.0
50.0
0.0
2.0

0.0
332.1
169.2
40.4
-2.6
60.3
800.0
0.0
0.0
-3.6

0.0
328.2
328.2
41.3
-1.1
75.0
66.7
59.1
0.0
0.0
0.0
0.0
0.0
0.0
-1.6

0.0
326.9
326.9
41.7
-1.1
150.0
200.0
58.4
0.0
0.0
0.0
0.0
0.0
0.0
-1.6

0.0
324.1
163.3
42.5
-0.4
100.0
0.0
58.1
0.0
0.0
0.0
0.0
0.0
0.0
-0.5

0.0
325.6
325.6
42.2
0.0
0.0
0.0
57.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
30.8
0.1
0.1
11.1
4.7
0.0
-40.9
6.3

0.0
-700.0
-0.2
-0.2
11.1
0.4
-300.0
-92.3
6.0

0.0
0.0
0.0
-0.1
-0.1
9.1
0.0
-50.0
-100.0
5.9

0.0
0.0
0.0
-0.1
-0.1
10.0
0.0
0.0
5.8

0.0
0.0
0.0
0.0
0.0
11.1
0.0
-100.0
5.8

0.0
0.0
0.0
0.0
0.0
11.1
0.0
0.0
5.8

IBL HealthCare Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

620

2005

2006

2007

2008

2009

200.0
-30.6
169.4
0.0
0.0
0.4
0.4
169.8

42.8
42.8
0.0
113.5
112.9
269.2
103.9
104.3
165.3
2.0
-61.1

16.3
4.5
2.8
273.7

414.9
414.9
0.0
376.0
38.9
424.4
-7.7
0.7
-8.4
7.3
0.0
0.0

-15.7
-

-12.9
-

0.2
259.1
150.4
61.6
-3.1
0.0
0.0
84.7
102.3
-9.1
0.2
35.0
-86.9
15.5
-5.0

0.0
0.0
-2.0
-0.4
-0.8
36.4
151.6
-140.0
8.5

Indus Fruit Products Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

621

2004

2005

2006

2007

2008

2009

90.0
-55.3
34.7
0.0
0.0
32.9
32.9
67.6

90.0
-76.6
13.4
0.0
0.0
11.0
11.0
24.4

90.0
-91.4
-1.4
0.0
0.0
0.0
0.0
-1.4

90.0
-119.0
-29.0
0.0
0.0
0.0
0.0
-29.0

90.0
-148.2
-58.2
0.0
0.0
0.0
0.0
-58.2

90.0
-148.2
-58.2
0.0
0.0
0.0
0.0
-58.2

2.4
0.1
2.3
2.5
23.9
28.8
85.9
118.8
-57.1
54.9
-83.5

2.4
0.1
2.3
2.8
13.6
18.8
109.3
120.3
-90.5
33.0
-106.9

3.7
1.4
2.3
14.5
11.0
29.2
139.9
139.9
-110.7
11.0
-136.2

3.1
3.1
0.0
12.0
11.2
26.3
200.5
200.5
-174.2
0.0
-197.4

2.9
0.6
2.3
11.4
31.6
45.9
240.2
240.2
-194.3
0.0
-237.3

2.9
0.6
2.3
11.4
31.6
45.9
240.2
240.2
-194.3
0.0
-237.3

271.9
124.6
12.6
153.4

273.5
114.8
11.4
133.6

278.3
109.3
10.4
138.5

323.6
145.1
9.4
171.4

325.2
136.1
13.6
182.0

325.2
136.1
13.6
182.0

33.3
33.3
0.0
40.3
-7.0
43.9
-9.7
0.0
-9.7
0.2
0.0
0.0

12.4
9.3
3.1
30.7
-18.3
34.9
-22.4
0.0
-22.4
0.1
0.0
0.0

24.2
20.4
3.8
41.7
-17.5
45.9
-14.1
0.0
-14.1
0.1
0.0
0.0

46.9
46.9
0.0
69.4
-22.5
75.1
-28.2
0.1
-28.3
0.2
0.0
0.0

119.3
117.0
2.3
140.3
-21.0
149.2
-27.7
1.7
-29.4
0.6
0.0
0.0

119.3
117.0
2.3
140.3
-21.0
149.2
-27.7
1.7
-29.4
0.6
0.0
0.0

-44.0
-9.9
-34.1

-43.2
-22.5
-20.7

-25.8
-14.2
-11.6

-27.6
-28.5
0.9

-29.2
-30.0
0.8

0.0
-30.0
30.0

2.7
-31.4

-11.1
-31.8

-3.8
-15.4

-19.1
-18.2

-16.4
-15.6

-16.4
13.6

48.7
33.5
5.7
342.4
-6.3
38.6
131.8
0.0
0.0
0.0
-28.0

45.1
17.2
4.8
897.8
-16.8
14.9
281.5
0.0
0.0
0.8
-167.2

0.0
20.9
13.0
0.0
-10.2
55.0
24.7
-1.6
189.7
0.0
0.0
0.0
-0.7
9.5
0.0

0.0
13.1
7.5
0.0
-16.5
103.3
104.9
-32.2
160.1
-0.4
0.2
0.0
-0.7
1.9
0.0

0.0
19.1
6.0
0.0
-16.2
102.7
105.1
-64.7
125.1
-6.1
1.4
0.0
-2.0
0.5
0.0

0.0
19.1
6.0
0.0
-16.2
0.0
-120.6
-64.7
125.1
-6.1
1.4
0.0
-2.0
0.5
0.0

0.0
-29.1
-1.1
-1.1
10.0
21.7
10.0
1232.0
3.9

0.0
-180.6
-2.5
-2.5
9.1
9.3
127.3
-62.8
1.5

0.0
0.0
-58.3
-1.6
-1.6
9.1
17.5
-36.0
95.2
-0.2

0.0
0.0
-60.3
-3.1
-3.2
8.4
27.4
93.8
93.8
-3.2

0.0
0.0
-24.6
-3.3
-3.3
9.5
65.5
6.5
154.4
-6.5

0.0
0.0
-24.6
-3.3
-3.3
9.5
65.5
0.0
0.0
-6.5

Ismail Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

622

2004

2005

2006

2007

2008

2009

240.6
137.3
377.9
0.0
0.0
377.3
377.3
755.2

240.6
167.1
407.7
0.0
0.0
291.1
291.1
698.8

240.6
202.9
443.5
0.0
0.0
433.3
433.3
876.8

240.6
448.7
689.3
0.0
0.0
843.7
843.7
1533.0

240.6
400.5
641.1
0.0
0.0
1219.4
1219.4
1860.5

240.6
482.5
723.1
0.0
0.0
1241.0
1241.0
1964.1

23.3
23.3
0.0
198.7
379.3
601.3
573.4
950.7
27.9
752.7
-550.1

20.8
20.8
0.0
504.1
455.9
980.8
1028.4
1319.5
-47.6
1064.8
-1007.6

50.1
46.4
3.7
412.3
804.5
1266.9
1464.6
1897.9
-197.7
1448.0
-1414.5

127.7
46.9
80.8
1302.1
1213.1
2642.9
2257.7
3101.4
385.2
2086.2
-2130.0

1137.0
28.5
1108.5
471.5
1587.1
3195.6
2715.5
3934.9
480.1
2742.0
-1578.5

965.3
51.1
914.2
844.4
2161.8
3971.5
3687.0
4928.0
284.5
3416.9
-2721.7

1023.1
727.5
50.3
1328.8

1116.0
746.3
74.8
1727.1

1524.2
1074.4
83.7
2341.3

1708.0
1147.7
115.7
3790.6

2070.0
1380.5
5.5
4576.1

2510.4
1679.6
143.7
5651.1

1389.6
1147.5
242.1
1188.9
200.7
1338.9
51.3
24.0
27.3
7.0
1.0
0.0

1934.9
1593.3
341.6
1679.7
255.2
1867.7
89.9
51.3
38.6
9.9
1.0
0.0

2207.3
1925.8
281.5
1884.9
322.4
2084.4
147.4
102.0
45.4
11.2
3.6
0.0

3001.4
2706.9
294.5
2478.4
523.0
2831.2
239.8
166.5
73.3
14.7
24.1
0.0

4192.3
3792.5
399.8
3449.4
742.9
3888.3
404.2
278.1
126.1
19.9
36.1
0.0

5219.7
5219.7
0.0
4103.3
1116.4
4495.3
807.5
488.2
319.3
5.5
36.1
0.0

242.9
19.3
223.6

-56.4
27.7
-84.1

178.0
30.6
147.4

656.2
34.5
621.7

327.5
70.1
257.4

103.6
277.7
-174.1

69.6
293.2

102.5
18.4

114.3
261.7

150.2
771.9

75.6
333.0

421.4
247.3

50.0
104.9
38.7
251.6
2.1
7.9
23.7
157.1
96.4
46.8
1.7
3.2
25.6
8.4
7.2

41.7
95.4
51.0
323.6
2.2
557.1
169.5
96.5
57.1
2.7
4.8
25.6
7.9
9.5

49.4
86.5
31.6
427.9
1.9
17.2
43.7
184.3
94.4
69.2
4.6
7.0
24.7
5.8
10.2

55.0
117.1
63.3
449.9
1.9
5.3
19.5
286.5
94.3
69.4
5.5
8.0
20.1
6.3
10.6

65.5
117.7
59.2
613.8
2.8
21.4
22.7
266.5
92.7
68.8
6.6
10.1
15.8
6.3
19.7

63.2
107.7
49.1
681.5
5.7
268.1
170.4
300.5
86.1
60.5
9.4
14.3
1.7
8.7
44.2

2030.0
0.3
2.0
1.1
0.8
12.8
104.6
-26.7
41.5
15.7

2870.0
0.2
2.0
1.6
1.2
10.3
112.0
45.5
39.2
16.9

950.0
0.8
2.1
1.9
1.4
11.2
94.3
18.8
14.1
18.4

243.2
3.5
2.4
3.0
2.4
10.8
79.2
57.9
36.0
28.6

294.2
5.6
3.0
5.2
4.4
0.5
91.6
73.3
39.7
26.6

869.3
5.0
6.1
13.3
13.0
10.4
92.4
155.8
24.5
30.1

Karam Ceramics Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

623

2004

2005

2006

2007

2008

2009

109.1
64.7
173.8
0.0
0.0
102.9
102.9
276.7

109.1
170.4
279.5
0.0
0.0
137.4
137.4
416.9

109.1
141.3
250.4
0.0
0.0
109.7
109.7
360.1

145.5
158.5
304.0
0.0
0.0
210.8
210.8
514.8

145.5
148.3
293.8
0.0
0.0
132.0
132.0
425.8

145.5
151.3
296.8
0.0
0.0
218.1
218.1
514.9

15.1
15.1
0.0
47.5
54.9
117.5
292.2
395.1
-174.7
154.8
-277.1

23.2
23.2
0.0
37.5
51.4
112.1
291.3
428.7
-179.2
185.9
-268.1

24.8
24.8
0.0
53.7
73.1
151.6
341.8
451.5
-190.2
161.6
-317.0

14.5
14.5
0.0
28.7
59.1
102.3
313.7
524.5
-211.4
253.8
-299.2

34.4
34.4
0.0
66.3
44.4
145.1
458.0
590.0
-312.9
217.8
-423.6

24.3
24.3
0.0
60.9
123.9
209.1
368.4
586.5
-159.3
318.9
-344.1

954.2
451.4
43.0
568.9

1151.3
596.0
65.4
708.1

1165.3
550.3
60.3
701.9

1403.0
726.2
62.5
828.5

1483.4
738.6
68.1
883.7

1490.1
674.2
71.5
883.3

597.4
597.4
0.0
501.5
95.9
549.0
50.9
16.4
34.5
2.4
16.4
0.0

730.8
730.8
0.0
593.6
137.2
650.5
81.8
12.7
69.1
3.0
16.4
0.0

783.5
783.5
0.0
638.6
144.9
705.6
79.3
13.6
65.7
26.7
0.0
0.0

744.9
744.9
0.0
645.6
99.3
710.6
35.0
18.2
16.8
4.7
18.2
0.0

834.5
834.5
0.0
695.6
138.9
759.6
75.0
42.1
32.9
3.9
18.2
0.0

832.7
832.7
0.0
702.7
130.0
779.8
53.2
40.0
13.2
0.0
0.0
0.0

61.8
15.7
46.1

140.2
49.7
90.5

-56.8
39.0
-95.8

154.7
-6.1
160.8

-89.0
10.8
-99.8

89.1
13.2
75.9

58.7
104.8

115.1
205.6

99.3
3.5

56.4
217.2

78.9
-20.9

84.7
160.6

37.2
40.2
21.4
227.3
6.1
25.4
56.0
159.3
91.9
32.2
2.7
10.6
7.0
4.9
19.9

33.0
38.5
20.8
153.4
9.8
35.4
56.0
256.2
89.0
15.5
1.7
6.8
4.3
3.6
24.7

30.5
44.4
23.0
180.3
9.4
-68.7
2837.1
229.5
90.1
17.2
1.7
8.4
40.6
5.4
26.2

40.9
32.6
13.8
172.5
2.0
-3.9
26.0
208.9
95.4
52.0
2.4
7.2
28.0
2.5
5.5

31.0
31.7
22.0
200.8
3.7
-12.1
-377.5
201.9
91.0
56.1
5.0
19.3
11.9
6.2
11.2

42.4
56.8
23.1
197.6
1.5
14.8
52.7
204.0
93.6
75.2
4.8
12.5
0.0
2.4
4.4

195.7
9.4
5.8
3.2
2.9
10.5
105.0
-13.5
-5.9
15.9

403.0
5.9
9.5
6.3
6.1
14.5
103.2
96.9
22.3
25.6

0.0
0.0
8.4
6.0
3.6
10.1
111.6
-4.8
7.2
23.0

66.5
6.0
2.3
1.2
0.8
11.4
89.9
-80.0
-4.9
20.9

159.3
6.2
3.9
2.3
2.0
9.4
94.4
91.7
12.0
20.2

0.0
0.0
1.6
0.9
0.9
9.7
94.3
-60.9
-0.2
20.4

Leather Up Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

624

2004

2005

2006

2007

2008

2009

60.0
2.3
62.3
0.0
0.0
0.0
0.0
62.3

60.0
2.3
62.3
0.0
0.0
0.0
0.0
62.3

60.0
-11.1
48.9
0.0
0.0
0.0
0.0
48.9

60.0
-18.1
41.9
0.0
0.0
0.0
0.0
41.9

60.0
-24.0
36.0
0.0
0.0
0.0
0.0
36.0

60.0
-28.2
31.8
0.0
0.0
0.0
0.0
31.8

25.4
25.4
0.0
11.8
35.7
72.9
30.8
30.8
42.1
11.8
-5.4

25.4
25.4
0.0
11.8
35.7
72.9
30.8
30.8
42.1
11.8
-5.4

18.7
18.7
0.0
6.0
30.7
55.4
24.2
24.2
31.2
14.9
-5.5

17.9
17.9
0.0
6.3
26.5
50.7
26.1
26.1
24.6
14.5
-8.2

20.9
20.9
0.0
4.5
24.6
50.0
30.9
30.9
19.1
19.7
-10.0

3.6
3.6
0.0
21.5
19.5
44.6
16.9
16.9
27.7
8.3
-13.3

30.6
20.2
0.7
93.1

30.6
20.2
0.7
93.1

27.9
17.7
0.5
73.1

27.9
17.3
0.4
68.0

27.9
16.9
0.4
66.9

15.4
4.0
0.3
48.6

33.7
33.7
0.0
35.1
-1.4
46.0
-6.1
1.0
-7.1
0.4
3.0
0.0

33.7
33.7
0.0
35.1
-1.4
46.0
-6.1
1.0
-7.1
0.4
0.0
0.0

35.4
35.4
0.0
29.4
6.0
35.3
1.2
2.2
-1.0
0.3
0.0
0.0

30.5
30.5
0.0
31.5
-1.0
36.9
-4.6
2.1
-6.7
0.3
0.0
0.0

15.2
15.2
0.0
17.3
-2.1
22.2
-3.0
2.7
-5.7
0.1
0.0
0.0

13.2
13.2
0.0
16.3
-3.1
19.2
-4.0
2.7
-6.7
0.1
0.0
0.0

-11.2
-10.5
-0.7

0.0
-7.5
7.5

-13.4
-1.3
-12.1

-7.0
-7.0
0.0

-5.9
-5.8
-0.1

-4.2
-6.8
2.6

-9.8
-10.5

-6.8
0.7

-0.8
-12.9

-6.6
-6.6

-5.4
-5.5

-6.5
-3.9

0.0
236.7
120.8
49.4
-7.6
103.8
136.5
3.0
8.5
22.8
-11.4

0.0
236.7
120.8
49.4
-7.6
-971.4
103.8
136.5
3.0
8.5
22.8
-11.4

0.0
228.9
102.1
49.5
-1.4
9.7
6.2
81.5
99.7
183.3
6.2
14.8
-30.0
1.7
-2.0

0.0
194.3
92.7
62.3
-9.9
100.0
100.0
69.8
121.0
-45.7
6.9
14.5
-4.5
4.3
-16.0

0.0
161.8
82.2
85.8
-8.5
98.3
98.2
60.0
146.1
-90.0
17.8
13.7
-1.8
9.9
-15.8

0.0
263.9
148.5
53.1
-13.8
161.9
166.7
53.0
145.5
-67.5
20.5
32.5
-1.5
2.3
-21.1

-250.0
4.8
-21.1
-1.2
-1.3
3.5
36.2
-47.8
-58.3
10.4

0.0
-21.1
-1.2
-1.3
3.5
36.2
0.0
0.0
10.4

0.0
0.0
-2.8
-0.2
-0.2
2.7
48.4
-83.3
5.0
8.2

0.0
0.0
-22.0
-1.1
-1.2
2.3
44.9
450.0
-13.8
7.0

0.0
0.0
-37.5
-1.0
-1.0
2.3
22.7
-9.1
-50.2
6.0

0.0
0.0
-50.8
-1.1
-1.1
1.8
27.2
10.0
-13.2
5.3

MACPAC Films Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

625

2004

2005

2006

2007

2008

2009

388.9
122.3
511.2
0.0
0.0
575.1
575.1
1086.3

388.9
160.9
549.8
0.0
0.0
707.7
707.7
1257.5

388.9
-45.0
343.9
0.0
0.0
360.2
360.2
704.1

388.9
-158.0
230.9
0.0
0.0
642.4
642.4
873.3

388.9
-320.6
68.3
0.0
0.0
434.4
434.4
502.7

388.9
-430.6
-41.7
0.0
0.0
332.1
332.1
290.4

1.0
1.0
0.0
128.9
62.6
192.5
228.6
803.7
-36.1
701.0
-227.6

1.7
1.7
0.0
165.4
80.9
248.0
419.4
1127.1
-171.4
1017.8
-417.7

6.2
6.2
0.0
132.2
50.2
188.6
856.4
1216.6
-667.8
704.3
-850.2

1.3
1.3
0.0
101.0
40.4
142.7
514.6
1157.0
-371.9
754.5
-513.3

62.8
62.8
0.0
194.9
35.1
292.8
630.9
1065.3
-338.1
619.7
-568.1

3.9
3.9
0.0
185.1
15.3
204.3
710.6
1042.7
-506.3
649.3
-706.7

1297.7
1122.4
16.3
1314.9

1616.1
1428.7
12.0
1676.7

1657.8
1371.9
98.6
1560.5

1662.1
1245.2
131.3
1387.9

1268.2
840.8
98.2
1133.6

1303.6
796.7
79.7
1001.0

333.6
333.6
0.0
268.7
64.9
295.1
38.5
3.0
35.5
0.8
0.0
0.0

109.6
109.6
0.0
106.3
3.3
129.4
20.4
12.5
7.9
1.9
0.0
0.0

546.8
541.0
5.8
539.5
7.3
563.0
-16.2
72.8
-89.0
2.4
0.0
0.0

468.1
463.9
4.2
521.8
-53.7
549.9
-80.6
121.4
-202.0
2.1
0.0
0.0

404.9
402.2
2.7
433.7
-28.8
462.7
-133.7
96.8
-230.5
1.7
0.0
0.0

133.1
133.1
0.0
190.4
-57.3
213.1
-51.5
48.7
-100.2
0.0
0.0
0.0

34.7
-

171.2
6.0
165.2

-553.4
-91.4
-462.0

169.2
-204.1
373.3

-370.6
-232.2
-138.4

-212.3
-100.2
-112.1

51.0
-

18.0
183.2

7.2
-454.8

-72.8
300.5

-134.0
-272.4

-20.5
-132.6

52.9
84.2
56.8
157.2
2.7
0.0
0.0
131.4
88.5
7.8
0.9
0.4
2.3
14.4
6.9

56.3
59.1
39.8
205.0
0.5
3.5
9.8
141.4
118.1
61.3
11.4
1.2
24.1
0.0
1.4

51.2
22.0
16.2
353.8
-5.7
16.5
-1.6
88.4
103.0
-449.4
13.3
10.3
-2.7
14.4
-25.9

73.6
27.7
19.9
501.1
-14.6
-120.6
-24.2
59.4
117.5
-150.6
25.9
16.1
-1.0
10.7
-87.5

86.4
46.4
40.8
1559.7
-20.3
62.7
49.2
17.6
114.3
-72.4
23.9
15.6
-0.7
10.5
-337.5

114.4
28.8
26.6
0.0
-10.0
47.2
15.5
-10.7
160.1
-94.6
36.6
7.5
0.0
34.0
0.0

0.0
10.6
0.9
0.9
4.3
25.4
13.1

0.0
7.2
0.2
0.2
1.1
6.5
-77.8
-67.1
14.1

0.0
0.0
-16.3
-2.3
-2.4
6.9
35.0
-1250.0
398.9
8.8

0.0
0.0
-43.2
-5.2
-5.2
9.6
33.7
126.1
-14.4
5.9

0.0
0.0
-56.9
-5.9
-6.0
7.9
35.7
13.5
-13.5
1.8

0.0
0.0
-75.3
-2.6
-2.6
9.5
13.3
-55.9
-67.1
-1.1

Mandviwala Mauser Plastic Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

626

2004

2005

2006

2007

2008

2009

73.6
-244.8
-171.2
0.0
0.0
252.0
252.0
80.8

73.6
-296.4
-222.8
0.0
0.0
247.9
247.9
25.1

73.6
-192.3
-118.7
0.0
0.0
189.7
189.7
71.0

73.6
-233.0
-159.4
0.0
0.0
189.0
189.0
29.6

73.6
-258.9
-185.3
0.0
0.0
196.9
196.9
11.6

73.6
-281.7
-208.1
0.0
0.0
192.9
192.9
-15.2

2.4
2.4
0.0
74.6
11.9
88.9
187.6
439.6
-98.7
330.3
-185.2

1.5
1.5
0.0
64.3
20.8
86.6
232.6
480.5
-146.0
337.9
-231.1

1.5
1.5
0.0
96.0
16.0
113.5
177.1
366.8
-63.6
232.8
-175.6

3.2
3.2
0.0
97.8
21.3
122.3
235.9
424.9
-113.6
228.4
-232.7

1.7
1.7
0.0
107.0
39.3
148.0
250.3
447.2
-102.3
235.9
-248.6

1.0
1.0
0.0
103.7
25.3
130.0
248.9
441.8
-118.9
232.1
-247.9

406.7
179.5
15.1
268.4

413.0
171.1
14.7
257.7

384.4
134.4
12.9
247.9

406.8
143.0
13.8
265.3

390.8
113.9
13.1
261.9

390.0
103.6
11.9
233.6

271.0
263.1
7.9
245.7
25.3
299.0
-28.0
7.2
-35.2
1.2
0.0
0.0

299.7
289.2
10.5
286.6
13.1
342.7
-43.0
10.6
-53.6
1.3
0.0
0.0

230.5
225.5
5.0
188.2
42.3
226.8
56.6
7.2
49.4
1.0
0.0
0.0

303.1
298.6
4.5
276.5
26.6
324.0
-19.8
3.2
-23.0
1.3
0.0
0.0

249.2
248.1
1.1
227.1
22.1
272.2
-23.0
1.7
-24.7
1.2
0.0
0.0

233.3
232.2
1.1
212.7
20.6
250.6
-16.6
5.0
-21.6
1.2
0.0
0.0

-53.8
-36.4
-17.4

-55.7
-54.9
-0.8

45.9
48.4
-2.5

-41.4
-24.3
-17.1

-18.0
-25.9
7.9

-26.8
-22.8
-4.0

-21.3
-38.7

-40.2
-41.0

61.3
58.8

-10.5
-27.6

-12.8
-4.9

-10.9
-14.9

311.9
47.4
41.0
-13.1
-232.6
110.3
2.7
2.2
20.0
-

987.6
37.2
28.3
-20.8
-302.7
114.3
3.5
3.1
16.3
-

267.2
64.1
55.1
0.0
19.9
105.4
104.3
-161.3
98.4
12.7
3.1
3.1
2.0
22.4
0.0

638.5
51.8
42.8
0.0
-8.7
58.7
38.0
-216.6
106.9
-16.2
1.1
1.4
-5.7
24.9
0.0

1697.4
59.1
43.4
0.0
-9.4
143.9
261.2
-251.8
109.2
-7.4
0.7
0.7
-4.9
25.4
0.0

0.0
52.2
42.1
0.0
-9.2
85.1
73.2
-282.7
107.4
-30.1
2.1
2.2
-5.6
26.9
0.0

-13.0
-4.8
-4.9
7.9
101.0
-382.4
-9.4
-23.3

-17.9
-7.3
-7.5
8.2
116.3
52.1
10.6
-30.3

0.0
0.0
21.4
6.7
6.6
8.5
93.0
-191.8
-23.1
-16.1

0.0
0.0
-7.6
-3.1
-3.3
9.0
114.2
-146.3
31.5
-21.7

0.0
0.0
-9.9
-3.4
-3.5
10.6
95.2
9.7
-17.8
-25.2

0.0
0.0
-9.3
-2.9
-3.1
10.4
99.9
-14.7
-6.4
-28.3

Mitchell's Fruit Farms Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

627

2004

2005

2006

2007

2008

2009

50.4
198.6
249.0
0.0
0.0
1.3
1.3
250.3

50.4
211.1
261.5
0.0
0.0
51.6
51.6
313.1

50.4
184.9
235.3
0.0
0.0
36.8
36.8
272.1

50.4
210.1
260.5
0.0
0.0
22.1
22.1
282.6

50.4
208.7
259.1
0.0
0.0
7.4
7.4
266.5

50.4
218.1
268.5
0.0
0.0
0.0
0.0
268.5

6.1
6.1
0.0
98.8
114.7
219.6
196.0
197.3
23.6
107.7
-189.9

11.8
11.8
0.0
85.4
151.4
248.6
165.5
217.1
83.1
128.1
-153.7

14.7
14.7
0.0
71.6
163.3
249.6
209.6
246.4
40.0
153.8
-194.9

26.7
26.7
0.0
94.3
185.0
306.0
293.7
315.8
12.3
182.7
-267.0

10.9
10.9
0.0
97.8
288.7
397.4
453.1
460.5
-55.7
310.8
-442.2

13.2
13.2
0.0
131.3
260.4
404.9
458.1
458.1
-53.2
307.7
-444.9

387.9
226.8
19.4
446.4

409.0
230.0
24.2
478.6

431.5
232.2
21.3
481.8

489.2
270.3
22.2
576.3

565.9
322.3
26.1
719.7

590.7
321.7
29.9
726.6

898.6
898.6
0.0
779.9
118.7
866.7
40.3
5.6
34.7
12.0
15.1
0.0

915.8
915.8
0.0
790.8
125.0
880.5
41.7
13.6
28.1
4.1
0.0
0.0

863.4
863.4
0.0
758.7
104.7
860.4
15.9
19.3
-3.4
3.8
0.0
0.0

992.5
992.5
0.0
832.2
160.3
935.5
61.0
21.3
39.7
4.4
10.1
0.0

1190.6
1190.6
0.0
1000.8
189.8
1151.3
45.4
32.3
13.1
0.4
5.0
0.0

1278.4
1278.4
0.0
1043.7
234.7
1219.6
71.8
53.5
18.3
6.7
10.1
0.0

17.4
7.6
9.8

62.8
24.0
38.8

-41.0
-7.2
-33.8

10.5
25.2
-14.7

-16.1
7.7
-23.8

2.0
1.5
0.5

27.0
36.8

48.2
87.0

14.1
-19.7

47.4
32.7

33.8
10.0

31.4
31.9

0.5
112.0
53.5
79.2
7.8
43.7
73.4
494.0
96.5
13.9
0.6
5.2
34.6
1.5
13.9

16.5
150.2
58.7
83.0
5.9
38.2
55.4
518.8
96.1
32.6
1.5
10.6
14.6
1.5
10.7

13.5
119.1
41.2
104.7
-0.7
17.6
-71.6
466.9
99.7
121.4
2.2
12.5
-111.8
2.3
-1.4

7.8
104.2
41.2
121.2
6.9
240.0
145.0
516.9
94.3
34.9
2.1
11.7
11.1
4.6
15.2

2.8
87.7
24.0
177.7
1.8
-47.8
338.0
514.1
96.7
71.1
2.7
10.4
3.1
3.3
5.1

0.0
88.4
31.5
170.6
2.5
75.0
98.4
532.7
95.4
74.5
4.2
17.4
36.6
4.6
6.8

150.3
6.1
3.9
6.9
4.5
11.1
201.3
-33.7
5.7
49.4

0.0
3.1
5.6
4.8
15.5
191.3
-18.8
1.9
51.9

0.0
0.0
-0.4
-0.7
-1.4
9.3
179.2
-112.5
-5.7
46.7

349.5
3.9
4.0
7.9
7.0
9.4
172.2
-1228.6
15.0
51.7

254.0
1.9
1.1
2.6
2.5
9.8
165.4
-67.1
20.0
51.4

114.9
3.8
1.4
3.6
2.3
9.3
175.9
38.5
7.4
53.3

Mubarak Dairies Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

628

2004

2005

2006

2007

2008

2009

28.0
-134.6
-106.6
0.0
0.0
71.8
71.8
-34.8

28.0
-134.6
-106.6
0.0
0.0
71.8
71.8
-34.8

28.0
-56.6
-28.6
0.0
0.0
17.5
17.5
-11.1

28.0
-57.8
-29.8
0.0
0.0
7.9
7.9
-21.9

28.0
-57.8
-29.8
0.0
0.0
7.9
7.9
-21.9

28.0
-57.8
-29.8
0.0
0.0
7.9
7.9
-21.9

0.2
0.2
0.0
1.9
0.0
2.1
119.7
191.5
-117.6
71.8
-119.5

0.2
0.2
0.0
1.9
0.0
2.1
119.7
191.5
-117.6
71.8
-119.5

0.0
0.0
0.0
1.2
0.0
1.2
40.2
57.7
-39.0
27.1
-40.2

0.0
0.0
0.0
0.9
0.0
0.9
22.8
30.7
-21.9
7.9
-22.8

0.0
0.0
0.0
0.9
0.0
0.9
22.8
30.7
-21.9
7.9
-22.8

0.0
0.0
0.0
0.9
0.0
0.9
22.8
30.7
-21.9
7.9
-22.8

123.7
82.8
8.7
84.9

123.7
82.8
8.7
84.9

32.2
27.9
2.5
29.1

0.0
0.0
1.5
0.9

0.0
0.0
1.5
0.9

0.0
0.0
1.5
0.9

21.8
21.8
0.0
34.3
-12.5
53.7
-31.9
0.0
-31.9
0.1
0.0
0.0

21.8
21.8
0.0
34.3
-12.5
53.7
-31.9
0.0
-31.9
0.1
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.5
-2.5
0.0
-2.5
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.7
-1.2
0.0
-1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.7
-1.2
0.0
-1.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.7
-1.2
0.0
-1.2
0.0
0.0
0.0

0.0
-32.0
32.0

0.0
-32.0
32.0

23.7
-2.5
26.2

-10.8
-1.2
-9.6

0.0
-1.2
1.2

0.0
-1.2
1.2

-23.3
8.7

-23.3
8.7

0.0
26.2

0.3
-9.3

0.3
1.5

0.3
1.5

0.0
1.8
1.8
0.0
-37.6
0.0
-267.8
-380.7
246.3
0.0
0.0
0.0
-0.3
0.5
0.0

0.0
1.8
1.8
0.0
-37.6
0.0
-267.8
-380.7
246.3
0.0
0.0
0.0
-0.3
0.5
0.0

0.0
3.0
3.0
0.0
-8.6
-10.5
0.0
-102.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
3.9
3.9
0.0
-133.3
11.1
-3.2
-106.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
3.9
3.9
0.0
-133.3
0.0
20.0
-106.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
3.9
3.9
0.0
-133.3
0.0
20.0
-106.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
-146.3
-11.4
-11.4
10.5
25.7
0.0
0.0
-38.1

0.0
0.0
-146.3
-11.4
-11.4
10.5
25.7
0.0
0.0
-38.1

0.0
0.0
0.0
-0.9
-0.9
9.2
0.0
-92.1
-100.0
-10.2

0.0
0.0
0.0
-0.4
-0.4
5.4
0.0
-55.6
-10.6

0.0
0.0
0.0
-0.4
-0.4
5.4
0.0
0.0
-10.6

0.0
0.0
0.0
-0.4
-0.4
5.4
0.0
0.0
-10.6

Murree Brewery Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

629

2004

2005

2006

2007

2008

2009

71.7
771.7
843.4
0.0
0.0
3.3
3.3
846.7

89.6
875.7
965.3
0.0
0.0
2.9
2.9
968.2

98.6
958.0
1056.6
0.0
0.0
0.8
0.8
1057.4

108.4
1068.7
1177.1
0.0
0.0
3.4
3.4
1180.5

119.3
3281.0
3400.3
0.0
0.0
1.6
1.6
3401.9

131.2
3404.5
3535.7
0.0
0.0
1.1
1.1
3536.8

206.2
129.4
76.8
271.4
132.1
609.7
352.0
355.3
257.7
6.0
-145.8

292.1
221.6
70.5
135.0
174.2
601.3
269.2
272.1
332.1
5.8
22.9

214.8
139.0
75.8
191.1
269.1
675.0
391.3
392.1
283.7
2.7
-176.5

333.4
151.3
182.1
184.5
347.6
865.5
428.6
432.0
436.9
9.4
-95.2

113.7
113.7
0.0
394.8
492.7
1001.2
505.3
506.9
495.9
3.2
-391.6

369.4
222.1
147.3
240.4
503.4
1113.2
523.0
524.1
590.2
3.2
-153.6

689.9
589.2
47.5
1198.9

782.4
636.1
56.4
1237.4

967.9
773.6
58.8
1448.6

1027.2
743.8
91.2
1609.3

3259.0
2906.1
73.5
3907.3

3380.6
2946.6
87.2
4059.8

910.6
910.6
0.0
718.7
191.9
822.2
123.4
1.8
121.6
41.0
25.1
17.9

1142.7
1142.7
0.0
895.2
247.5
1018.1
170.2
0.9
169.3
53.0
25.1
17.9

1672.5
1672.5
0.0
1373.0
299.5
1515.3
215.3
1.3
214.0
23.8
44.8
9.0

2422.0
2422.0
0.0
2009.9
412.1
2210.8
260.6
0.7
259.9
81.5
54.2
10.8

2541.3
2541.3
0.0
2034.6
506.7
2279.3
297.3
0.7
296.6
101.9
59.6
11.9

2220.7
2220.7
0.0
1591.4
629.3
1890.6
345.3
4.5
340.8
87.2
65.6
13.1

55.3
55.5
-0.2

121.5
91.2
30.3

89.2
145.4
-56.2

123.1
124.2
-1.1

2221.4
135.1
2086.3

134.9
188.0
-53.1

103.0
102.8

147.6
177.9

204.2
148.0

215.4
214.3

208.6
2294.9

275.2
222.1

0.4
173.2
135.7
42.1
10.1
100.4
100.2
1176.3
90.3
1.5
0.2
30.0
33.7
5.1
14.4

0.3
223.4
158.7
28.2
13.7
75.1
83.0
1077.3
89.1
0.5
0.1
15.5
31.3
2.8
17.5

0.1
172.5
103.7
37.1
14.8
163.0
138.0
1071.6
90.6
0.6
0.1
48.1
11.1
1.7
20.3

0.3
201.9
120.8
36.7
16.1
100.9
100.5
1085.9
91.3
0.3
0.0
7.4
31.4
1.8
22.1

0.0
198.1
100.6
14.9
7.6
6.1
9.1
2850.2
89.7
0.2
0.0
21.9
34.4
3.1
8.7

0.0
212.8
116.6
14.8
8.4
139.4
123.9
2694.9
85.1
1.3
0.2
140.6
25.6
3.9
9.6

321.1
3.0
13.4
17.0
11.2
8.0
76.0
24.1
26.5
117.6

463.3
2.6
14.8
18.9
13.0
9.6
92.3
11.2
25.5
107.7

424.6
4.2
12.8
21.7
19.3
9.2
115.5
14.8
46.4
107.2

329.2
4.6
10.7
24.0
16.5
11.8
150.5
10.6
44.8
108.6

326.7
1.8
11.7
24.9
16.3
9.9
65.0
3.8
4.9
285.0

386.6
1.9
15.3
26.0
19.3
3.0
54.7
4.4
-12.6
269.5

National Foods Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

630

2004

2005

2006

2007

2008

2009

42.5
107.6
150.1
0.0
0.0
21.0
21.0
171.1

42.5
136.8
179.3
0.0
0.0
78.3
78.3
257.6

42.5
202.5
245.0
0.0
0.0
194.7
194.7
439.7

42.5
322.6
365.1
0.0
0.0
158.4
158.4
523.5

55.3
458.5
513.8
0.0
0.0
126.3
126.3
640.1

331.5
288.1
619.6
0.0
0.0
73.7
73.7
693.3

2.9
2.9
0.0
105.0
273.9
381.8
390.2
411.2
-8.4
235.5
-387.3

5.6
5.6
0.0
115.6
356.7
477.9
446.7
525.0
31.2
356.6
-441.1

83.0
83.0
0.0
147.8
367.2
598.0
524.2
718.9
73.8
418.9
-441.2

18.1
18.1
0.0
197.1
477.0
692.2
662.2
820.6
30.0
421.7
-644.1

13.5
13.5
0.0
340.4
755.3
1109.2
1104.5
1230.8
4.7
718.0
-1091.0

15.2
15.2
0.0
399.9
847.0
1262.1
1182.7
1256.4
79.4
126.2
-1167.5

307.2
179.6
23.7
561.4

371.8
226.6
23.1
704.5

527.6
365.9
28.6
963.9

683.3
493.4
36.2
1185.6

876.3
635.3
54.5
1744.5

923.8
614.0
74.1
1876.1

1742.4
1554.9
187.5
1358.2
384.2
1664.4
80.0
11.6
68.4
18.5
17.0
0.0

2070.8
1850.4
220.4
1673.6
397.2
2018.5
56.8
14.4
42.4
12.0
17.0
0.0

2465.4
2251.3
214.1
1894.2
571.2
2340.8
131.3
24.9
106.4
37.0
0.0
0.0

3147.3
2869.3
278.0
2328.9
818.4
2953.2
224.3
32.7
191.6
38.0
8.5
12.8

4042.0
3653.2
388.8
3056.3
985.7
3774.2
290.1
56.2
233.9
42.0
0.0
12.8

3758.7
3264.9
493.8
2632.3
1126.4
3468.2
307.5
86.8
220.7
82.0
0.0
82.9

6.2
32.9
-26.7

86.5
13.4
73.1

182.1
69.4
112.7

83.8
145.1
-61.3

116.6
191.9
-75.3

53.2
138.7
-85.5

56.6
29.9

36.5
109.6

98.0
210.7

181.3
120.0

246.4
171.1

212.8
127.3

12.3
97.8
27.7
274.0
12.2
530.6
189.3
353.2
95.5
14.5
0.7
4.9
27.0
3.1
45.6

30.4
107.0
27.1
292.8
6.0
15.5
33.3
421.9
97.5
25.4
0.7
4.0
28.3
3.7
23.6

44.3
114.1
44.0
293.4
11.0
38.1
46.5
576.5
94.9
19.0
1.0
5.9
34.8
4.1
43.4

30.3
104.5
32.5
224.8
16.2
173.2
151.1
859.1
93.8
14.6
1.0
7.8
19.8
3.6
52.5

19.7
100.4
32.0
239.5
13.4
164.6
144.0
929.1
93.4
19.4
1.4
7.8
18.0
6.4
45.5

10.6
106.7
35.1
202.8
11.8
260.7
167.2
186.9
92.3
28.2
2.3
68.8
37.2
7.3
35.6

293.5
11.3
3.9
16.1
11.7
13.0
310.4
126.8
15.3
35.3

178.8
9.5
2.0
10.0
7.2
13.0
293.9
-37.9
18.8
42.2

0.0
0.0
4.3
25.0
16.3
12.6
255.8
150.0
19.1
57.6

1807.1
2.3
6.1
45.1
36.1
9.9
265.5
80.4
27.7
85.9

0.0
0.0
5.8
42.3
34.7
11.0
231.7
-6.2
28.4
92.9

0.0
0.0
5.9
6.7
4.2
11.7
200.3
-84.2
-7.0
18.7

Nestle Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

631

2004

2005

2006

2007

2008

2009

452.7
1185.3
1638.0
0.0
0.0
1450.0
1450.0
3088.0

453.5
1411.7
1865.2
0.0
0.0
1946.9
1946.9
3812.1

453.5
1942.6
2396.1
0.0
0.0
31.5
31.5
2427.6

453.5
3565.8
4019.3
0.0
0.0
119.6
119.6
4138.9

453.5
3885.7
4339.2
0.0
0.0
5317.5
5317.5
9656.7

453.5
3966.4
4419.9
0.0
0.0
118.3
118.3
4538.2

139.2
93.3
45.9
602.3
1693.8
2435.3
2523.2
3973.2
-87.9
2714.7
-2384.0

859.0
34.7
406.2
859.0
34.7
406.2
0.0
0.0
0.0
1219.8
2757.8
2911.0
1493.0
1907.3
2393.3
3571.8
4699.8
5710.5
4847.1
10365.3
11617.3
6794.0
10396.8
11736.9
-1275.3
-5665.5
-5906.8
3593.0
2857.6
2822.3
-3988.1 -10330.6 -11211.1

419.3
315.8
419.3
315.8
0.0
0.0
2879.8
2753.2
2488.6
3895.0
5787.7
6964.0
6977.8
14041.8
12295.3
14160.1
-1190.1
-7077.8
7595.8
933.9
-6558.5 -13726.0

5693.7
3175.9
406.0
5611.2

8184.0
5087.4
516.1
8659.2

11615.8
8093.1
579.8
12792.9

14234.3
10045.6
953.8
15756.1

15959.4
10846.8
1093.9
16634.5

17671.1
11615.8
1213.1
18579.8

13599.4
12903.1
696.3
10003.6
3595.8
12169.0
1465.3
61.0
1404.3
442.2
633.8
0.0

18785.8
17784.2
1001.6
14000.5
4785.3
17028.2
1810.8
180.1
1630.7
382.1
679.9
0.0

24062.0
22706.7
1355.3
17809.4
6252.6
21685.5
2453.2
447.8
2005.4
110.7
226.7
0.0

30455.5
28552.7
1902.8
22511.3
7944.2
27387.2
3134.3
584.4
2549.9
315.7
453.5
0.0

36129.6
33922.7
2206.9
27177.3
8952.3
33406.6
2784.8
557.3
2227.5
791.7
1134.9
0.0

41155.8
37886.1
3269.7
29256.9
11898.9
36671.7
4628.2
442.1
4186.1
1144.2
2721.0
0.0

1117.3
328.3
789.0

724.1
568.7
155.4

-1384.5
1668.0
-3052.5

1711.3
1780.7
-69.4

5517.8
300.9
5216.9

-5118.5
320.9
-5439.4

734.3
1523.3

1084.8
1240.2

2247.8
-804.7

2734.5
2665.1

1394.8
6611.7

1534.0
-3905.4

47.0
96.5
29.4
242.6
25.0
29.4
48.2
361.8
89.5
4.2
0.4
2.2
31.5
0.2
85.7

51.1
73.7
42.9
364.3
18.8
78.5
87.5
411.3
90.6
9.9
1.0
5.0
23.4
0.3
87.4

1.3
45.3
26.9
433.9
15.7
-120.5
-279.3
528.4
90.1
18.3
1.9
15.7
5.5
1.0
83.7

2.9
49.2
28.6
292.0
16.2
104.1
102.6
886.3
89.9
18.6
1.9
20.7
12.4
1.1
63.4

55.1
82.9
47.3
283.4
13.4
5.5
21.1
956.8
92.5
20.0
1.5
7.3
35.5
1.3
51.3

2.6
49.6
21.9
320.4
22.5
-6.3
-39.3
974.6
89.1
9.6
1.1
47.3
27.3
0.6
94.7

151.8
38.7
10.3
31.0
21.3
16.6
242.4
22.5
23.9
36.2

183.6
36.5
8.7
36.0
27.5
16.0
216.9
16.1
38.1
41.1

835.8
9.5
8.3
44.2
41.8
11.4
188.1
22.8
28.1
52.8

492.7
11.3
8.4
56.2
49.3
11.8
193.3
27.1
26.6
88.6

126.5
26.2
6.2
49.1
31.7
10.9
217.2
-12.6
18.6
95.7

111.8
61.6
10.2
92.3
67.1
11.2
221.5
88.0
13.9
97.5

Noon Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

632

2004

2005

2006

2007

2008

2009

7.2
55.9
63.1
72.0
0.0
107.4
179.4
242.5

7.2
71.3
78.5
72.0
0.0
115.6
187.6
266.1

7.2
52.7
59.9
72.0
0.0
135.0
207.0
266.9

7.2
52.5
59.7
72.0
0.0
59.9
131.9
191.6

43.2
77.1
120.3
72.0
0.0
90.4
162.4
282.7

115.2
123.2
238.4
0.0
0.0
72.9
72.9
311.3

16.7
16.7
0.0
61.4
37.8
115.9
138.8
318.2
-22.9
155.9
-122.1

33.5
33.5
0.0
94.7
44.3
172.5
254.1
441.7
-81.6
250.7
-220.6

39.9
39.9
0.0
112.3
30.2
182.4
281.7
488.7
-99.3
275.7
-241.8

14.3
14.3
0.0
133.8
44.3
192.4
361.5
493.4
-169.1
232.2
-347.2

29.3
29.3
0.0
223.3
73.4
326.0
465.6
628.0
-139.6
242.6
-436.3

10.8
10.8
0.0
198.7
90.0
299.5
434.4
507.3
-134.9
251.0
-423.6

347.5
265.4
11.9
381.3

470.9
347.7
41.5
520.2

522.3
366.2
37.7
548.6

554.4
360.7
39.0
553.1

631.2
422.2
39.2
748.2

684.7
446.2
43.1
745.7

329.0
329.0
0.0
287.7
41.3
318.6
12.1
4.2
7.9
1.5
0.0
0.0

956.8
956.8
0.0
814.1
142.7
908.1
49.5
15.7
33.8
4.4
79.2
0.0

1160.9
1160.9
0.0
1020.2
140.7
1160.9
15.2
24.9
-9.7
5.5
0.0
0.0

1168.2
1168.2
0.0
1004.4
163.8
1131.2
55.2
36.7
18.5
5.8
18.3
0.0

1657.2
1657.2
0.0
1445.8
211.4
1593.2
84.8
35.8
49.0
8.2
0.0
0.0

1745.6
1745.6
0.0
1528.6
217.0
1672.5
97.2
51.1
46.1
0.5
0.0
11.5

173.3
6.4
166.9

23.6
-49.8
73.4

0.8
-15.2
16.0

-75.3
-5.6
-69.7

91.1
40.8
50.3

28.6
45.6
-17.0

18.3
185.2

-8.3
65.1

22.5
38.5

33.4
-36.3

80.0
130.3

88.7
71.7

74.0
83.5
56.3
504.3
2.1
3.7
9.9
876.4
96.8
34.7
1.3
2.7
19.0
5.6
12.5

70.5
67.9
50.5
562.7
6.5
-211.0
-12.7
1090.3
94.9
31.7
1.6
6.3
13.0
2.7
43.1

77.6
64.7
54.0
815.9
-1.8
-1900.0
58.4
831.9
100.0
163.8
2.1
9.0
-56.7
3.1
-16.2

68.8
53.2
41.0
826.5
3.3
7.4
-92.0
829.2
96.8
66.5
3.1
15.8
31.4
3.4
31.0

57.4
70.0
54.3
522.0
6.5
44.8
61.4
278.5
96.1
42.2
2.2
14.8
16.7
3.1
40.7

23.4
68.9
48.2
212.8
6.2
159.4
123.7
206.9
95.8
52.6
2.9
20.4
1.1
3.5
19.3

0.0
0.0
2.4
11.0
8.9
13.4
86.3
-15.4
3.0
87.6

37.1
100.9
3.5
46.9
40.8
15.6
183.9
326.4
190.8
109.0

0.0
0.0
-0.8
-13.5
-21.1
10.8
211.6
-128.8
21.3
83.2

69.4
30.7
1.6
25.7
17.6
10.6
211.2
-290.4
0.6
82.9

0.0
0.0
3.0
11.3
9.4
10.9
221.5
-56.0
41.9
27.8

0.0
0.0
2.6
4.0
4.0
10.2
234.1
-64.6
5.3
20.7

Pace (Pakistan) Ltd.

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

633

2005

2006

2007

2008

2009

2204.7
969.1
3173.8
0.0
0.0
54.8
54.8
3228.6

2204.7
2345.6
4550.3
0.0
1499.4
20.1
1519.5
6069.8

2328.2
2856.2
5184.4
0.0
1499.4
46.4
1545.8
6730.2

2059.2
307.9
1751.3
737.2
751.4
3547.8
575.8
630.6
2972.0
164.1
1483.4

5496.0
1314.9
4181.1
1364.4
1189.8
8050.2
2480.9
4000.4
5569.3
1564.3
3015.1

5044.5
340.7
4703.8
1937.5
1488.1
8470.1
2285.0
3830.8
6185.1
1576.8
2759.5

311.9
256.4
13.3
3804.2

575.5
500.4
21.8
8550.6

648.3
545.2
33.7
9015.3

612.7
612.7
0.0
381.2
231.5
524.3
643.5
92.5
551.0
3.8
385.8
0.0

1523.9
1523.9
0.0
984.0
539.9
1315.4
1680.2
246.3
1433.9
11.0
0.0
0.0

1261.8
1261.8
0.0
944.4
317.4
1256.6
618.4
272.6
345.8
0.0
0.0
0.0

161.4
-

2841.2
1422.9
1418.3

660.4
345.8
314.6

174.7
-

1444.7
2863.0

379.5
694.1

1.7
616.2
485.7
19.9
14.5
0.0
0.0
144.0
85.6
14.4
15.1
56.4
0.7
50.7
17.4

25.0
324.5
276.5
87.9
16.8
50.1
50.5
206.4
86.3
14.7
16.2
15.7
0.8
64.0
31.5

23.0
370.7
305.6
73.9
3.8
52.4
54.7
222.7
99.6
44.1
21.6
17.3
0.0
104.3
6.7

141.8
12.2
89.9
2.5
2.5
4.7
16.1
150.0
14.4

0.0
0.0
94.1
6.5
6.5
8.0
17.8
160.0
148.7
20.6

0.0
0.0
27.4
1.5
1.5
7.0
14.0
-76.9
-17.2
22.3

Pak Leather Crafts Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

634

2004

2005

2006

2007

2008

2009

34.0
25.9
59.9
0.0
0.0
0.0
0.0
59.9

34.0
34.9
68.9
0.0
0.0
2.0
2.0
70.9

34.0
34.4
68.4
0.0
0.0
0.5
0.5
68.9

34.0
36.6
70.6
0.0
0.0
1.3
1.3
71.9

34.0
38.6
72.6
0.0
0.0
37.5
37.5
110.1

34.0
-31.0
3.0
0.0
0.0
0.0
0.0
3.0

11.9
11.9
0.0
49.2
269.6
330.7
323.1
323.1
7.6
220.7
-311.2

7.5
7.5
0.0
56.3
351.8
415.6
397.8
399.8
17.8
218.4
-390.3

8.7
8.7
0.0
70.2
339.1
418.0
400.5
401.0
17.5
262.0
-391.8

10.0
10.0
0.0
53.2
338.0
401.2
379.7
381.0
21.5
269.6
-369.7

1.6
1.6
0.0
69.6
396.4
467.6
405.9
443.4
61.7
303.7
-404.3

2.5
2.5
0.0
62.0
345.0
409.5
452.2
452.2
-42.7
267.0
-449.7

143.7
52.1
5.6
382.8

148.3
53.1
5.6
468.7

152.5
51.4
5.9
469.4

156.0
50.4
5.7
451.6

158.1
48.3
4.1
515.9

159.3
45.6
4.0
455.1

388.1
0.1
388.0
337.2
50.9
368.9
19.3
12.4
6.9
3.2
2.6
0.0

515.5
515.0
0.5
449.0
66.5
489.5
26.3
13.5
12.8
4.6
2.6
0.0

519.0
12.2
506.8
443.0
76.0
482.5
36.6
25.6
11.0
5.7
3.4
0.0

599.2
24.7
574.5
519.1
80.1
563.6
35.9
24.5
11.4
6.5
3.4
0.0

651.4
3.4
648.0
572.2
79.2
613.4
38.0
29.8
8.2
6.5
0.0
0.0

377.1
9.8
367.3
375.9
1.2
407.8
-30.6
35.0
-65.6
4.0
0.0
0.0

1.1
1.1
0.0

11.0
5.6
5.4

-2.0
1.9
-3.9

3.0
1.5
1.5

38.2
1.7
36.5

-107.1
-69.6
-37.5

6.7
6.7

11.2
16.6

7.8
3.9

7.2
8.7

5.8
42.3

-65.6
-103.1

0.0
102.4
18.9
539.4
1.8
100.0
100.0
176.2
95.1
64.2
3.2
5.6
46.4
1.3
11.5

2.8
104.5
16.0
580.3
2.7
50.9
67.5
202.6
95.0
51.3
2.6
6.2
35.9
3.3
18.6

0.7
104.4
19.7
586.3
2.3
-95.0
200.0
201.2
93.0
69.9
4.9
9.8
51.8
7.8
16.1

1.8
105.7
16.6
539.7
2.5
50.0
82.8
207.6
94.1
68.2
4.1
9.1
57.0
5.3
16.1

34.1
115.2
17.5
610.7
1.6
4.5
13.7
213.5
94.2
78.4
4.6
9.8
79.3
6.2
11.3

0.0
90.6
14.3
15073.3
-14.4
65.0
63.6
8.8
108.1
-114.4
9.3
13.1
-6.1
7.0
-2186.7

142.3
4.3
1.8
2.0
1.1
9.9
101.4
-143.5
61.8
17.6

315.4
3.8
2.5
3.8
2.4
10.7
110.0
90.0
32.8
20.3

155.9
5.0
2.1
3.2
1.6
11.1
110.6
-15.8
0.7
20.1

144.1
4.8
1.9
3.4
1.4
11.1
132.7
6.3
15.5
20.8

0.0
0.0
1.3
2.4
0.5
8.1
126.3
-29.4
8.7
21.4

0.0
0.0
-17.4
-19.3
-20.5
8.3
82.9
-904.2
-42.1
0.9

Pakistan Hotels Developers Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

635

2004

2005

2006

2007

2008

2009

180.0
700.0
880.0
0.0
0.0
10.9
10.9
890.9

180.0
742.3
922.3
0.0
0.0
88.8
88.8
1011.1

180.0
798.4
978.4
0.0
0.0
0.9
0.9
979.3

180.0
2121.9
2301.9
0.0
0.0
1.2
1.2
2303.1

180.0
2140.2
2320.2
0.0
0.0
0.9
0.9
2321.1

180.0
2062.3
2242.3
0.0
0.0
0.2
0.2
2242.5

22.7
22.7
0.0
36.8
0.2
59.7
268.3
279.2
-208.6
20.4
-245.6

153.2
49.2
104.0
44.9
0.4
198.5
343.3
432.1
-144.8
200.8
-190.1

35.4
28.0
7.4
70.8
0.5
106.7
400.6
401.5
-293.9
130.7
-365.2

48.8
48.8
0.0
65.8
0.5
115.1
281.0
282.2
-165.9
21.0
-232.2

95.8
76.5
19.3
56.6
0.6
153.0
268.1
269.0
-115.1
7.0
-172.3

65.5
65.5
0.0
43.9
0.7
110.1
260.5
260.7
-150.4
1.0
-195.0

1230.7
1108.9
36.5
1145.7

1321.5
1155.8
46.9
1354.3

1487.1
1273.3
48.1
1380.0

2614.2
2469.0
46.7
2584.1

2628.3
2436.1
49.8
2589.1

2632.8
2392.9
46.4
2503.0

173.8
173.8
0.0
113.4
60.4
157.0
121.1
3.3
-96.6
12.9
45.0
0.0

269.1
269.1
0.0
137.2
131.9
208.9
71.7
6.3
65.4
17.0
45.0
0.0

475.9
475.9
0.0
168.4
307.5
252.0
215.8
13.6
202.2
77.4
63.0
0.0

498.3
498.3
0.0
181.2
317.1
278.0
128.5
11.2
117.3
42.0
54.0
0.0

390.5
390.5
0.0
177.9
212.6
270.0
118.8
0.4
118.4
46.6
0.0
0.0

323.8
323.8
0.0
168.8
155.0
256.3
17.0
0.3
16.7
28.4
0.0
0.0

0.0
214.4
-214.4

120.2
3.4
116.8

-31.8
61.8
-93.6

1323.8
21.3
1302.5

18.0
71.8
-53.8

-78.6
-11.7
-66.9

250.9
36.5

50.3
167.1

109.9
16.3

68.0
1370.5

121.6
67.8

34.7
-32.2

1.2
18400.0
18400.0
6.8
10.6
687.4
488.9
65.2
138.4
90.3
56.2
8.7
13.8

8.8
57.8
57.7
46.9
4.8
2.8
30.1
512.4
77.6
8.8
2.3
3.1
26.0
11.2
7.1

0.1
26.6
26.5
41.0
14.7
-194.3
674.2
543.6
53.0
6.3
2.9
10.4
38.3
9.8
20.7

0.1
41.0
40.8
12.3
4.5
1.6
5.0
1278.8
55.8
8.7
2.2
53.3
35.8
10.3
5.1

0.0
57.1
56.8
11.6
4.6
398.9
179.4
1289.0
69.1
0.3
0.1
5.7
39.4
10.1
5.1

0.0
42.3
42.0
11.6
0.7
14.9
-107.8
1245.7
79.2
1.8
0.1
30.0
170.1
7.7
0.7

-121.9
-11.0
69.7
0.7
0.7
12.6
15.2
172.8
48.9

107.6
4.9
24.3
3.6
2.7
4.2
19.9
200.0
54.8
51.2

198.1
6.4
42.5
11.2
6.9
4.2
34.5
211.1
76.8
54.4

139.4
2.3
23.5
6.5
4.2
3.7
19.3
-42.0
4.7
127.9

0.0
0.0
30.3
6.6
4.0
2.0
15.1
1.5
-21.6
128.9

0.0
0.0
5.2
0.9
-0.7
1.9
12.9
-86.4
-17.1
124.6

Pakistan Services Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

636

2004

2005

2006

2007

2008

2009

325.2
3884.2
4209.4
0.0
699.6
268.9
968.5
5177.9

325.2
9598.0
9923.2
0.0
499.7
547.3
1047.0
10970.2

325.2
10103.3
10428.5
0.0
299.8
444.0
743.8
11172.3

325.2
10671.5
10996.7
0.0
99.9
312.0
411.9
11408.6

325.2
11006.8
11332.0
0.0
0.0
199.5
199.5
11531.5

325.2
10655.9
10981.1
0.0
0.0
108.0
108.0
11089.1

451.9
436.9
15.0
768.5
29.1
1249.5
888.6
1857.1
360.9
1066.3
-436.7

424.6
117.0
307.6
1640.9
28.0
2093.5
1438.3
2485.3
655.2
1329.0
-1013.7

1432.5
542.0
890.5
1214.4
35.2
2682.1
1823.0
2566.8
859.1
1047.1
-390.5

1990.7
537.9
1452.8
569.6
29.2
2589.5
1921.9
2333.8
667.6
743.8
68.8

2591.9
297.2
2294.7
607.5
45.7
3245.1
2639.9
2839.4
605.2
944.7
-48.0

1178.6
71.6
1107.0
2045.8
42.9
3267.3
2898.5
3006.5
368.8
947.2
-1719.9

6617.0
4816.9
153.0
6066.4

12284.7
10315.1
174.7
12408.6

12476.2
10313.3
200.3
12995.4

13083.2
10741.0
183.8
13330.5

13543.8
10926.3
229.6
14171.4

13389.3
10720.5
256.6
13987.8

2569.5
2569.5
0.0
1718.1
851.4
2199.1
430.9
195.8
235.1
12.8
32.5
0.0

3829.8
3829.8
0.0
2684.9
1144.9
3293.6
636.6
174.1
462.5
175.2
32.5
0.0

4875.5
4875.5
0.0
3346.8
1528.7
4039.0
1007.8
203.0
804.8
266.7
81.3
0.0

5679.6
5679.6
0.0
3805.6
1874.0
4697.7
1189.0
187.8
1001.2
299.6
81.3
0.0

5485.7
5485.7
0.0
3878.2
1607.5
4847.5
615.2
135.2
480.0
181.0
48.8
0.0

4462.6
4462.6
0.0
3041.3
1421.3
4804.4
105.1
206.5
-101.4
161.7
0.0
0.0

535.6
189.8
345.8

5792.3
254.8
5537.5

202.1
456.8
-254.7

236.3
620.3
-384.0

122.9
250.2
-127.3

-442.4
-263.1
-179.3

342.8
688.6

429.5
5967.0

657.1
402.4

804.1
420.1

479.8
352.5

-6.5
-185.8

18.7
140.6
137.3
44.1
3.9
35.4
49.8
1294.4
85.6
45.4
7.6
18.4
5.4
4.5
5.6

9.5
145.6
143.6
25.0
3.7
4.4
7.2
3051.4
86.0
27.3
4.5
13.1
37.9
4.1
4.7

6.7
147.1
145.2
24.6
6.2
226.0
163.3
3206.8
82.8
20.1
4.2
19.4
33.1
4.5
7.7

3.6
134.7
133.2
21.2
7.5
262.5
191.4
3381.5
82.7
15.8
3.3
25.2
29.9
4.7
9.1

1.7
122.9
121.2
25.1
3.4
203.6
136.1
3484.6
88.4
22.0
2.5
14.3
37.7
6.1
4.2

1.0
112.7
111.2
27.4
-0.7
59.5
3.5
3376.7
107.7
196.5
4.6
21.8
-159.5
5.1
-0.9

684.0
0.8
9.1
7.2
6.8
3.2
42.4
213.0
30.0
129.4

884.0
0.3
12.1
14.2
8.8
3.6
30.9
97.2
49.0
305.1

661.9
0.8
16.5
24.7
16.5
1.9
37.5
73.9
27.3
320.7

863.0
0.7
17.6
30.8
21.6
1.8
42.6
24.7
16.5
338.2

612.7
0.4
8.8
14.8
9.2
2.1
38.7
-51.9
-3.4
348.5

0.0
0.0
-2.3
-3.1
-8.1
2.4
31.9
-120.9
-18.7
337.7

Quice Food Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

637

2004

2005

2006

2007

2008

2009

106.9
-174.0
-67.1
0.0
0.0
35.0
35.0
-32.1

106.9
-136.0
-29.1
0.0
0.0
20.0
20.0
-9.1

106.9
-136.0
-29.1
0.0
0.0
20.0
20.0
-9.1

106.9
-128.4
-21.5
0.0
0.0
0.0
0.0
-21.5

106.9
-122.5
-15.6
0.0
0.0
0.0
0.0
-15.6

106.9
-124.1
-17.2
0.0
0.0
19.1
19.1
1.9

0.6
0.6
0.0
57.6
9.2
67.4
156.8
191.8
-89.4
114.7
-156.2

0.1
0.1
0.0
13.5
8.1
21.7
77.4
97.4
-55.7
85.0
-77.3

0.1
0.1
0.0
13.5
8.1
21.7
77.4
97.4
-55.7
85.0
-77.3

0.9
0.9
0.0
24.1
8.1
33.1
92.5
92.5
-59.4
55.0
-91.6

0.2
0.2
0.0
26.1
13.1
39.4
89.2
89.2
-49.8
46.1
-89.0

0.0
0.0
0.0
20.6
0.3
20.9
50.0
69.1
-29.1
37.1
-50.0

112.2
57.3
6.3
124.7

112.2
46.6
5.1
68.3

112.2
46.6
5.1
68.3

112.2
37.9
4.1
71.0

112.2
34.3
3.7
73.7

112.2
30.9
3.3
51.8

17.5
17.5
0.0
49.2
-31.7
52.1
-34.6
20.2
-54.8
0.1
0.0
0.0

32.2
32.2
0.0
25.0
7.2
30.0
206.7
0.0
206.7
0.2
0.0
0.0

32.2
32.2
0.0
25.0
7.2
30.0
206.7
0.0
206.7
0.2
0.0
0.0

52.2
52.2
0.0
38.5
13.7
46.0
6.2
0.0
6.2
0.3
0.0
0.0

53.5
53.5
0.0
39.6
13.9
47.2
6.3
0.0
6.3
0.3
0.0
0.0

29.3
29.3
0.0
23.9
5.4
149.4
-101.6
0.0
-101.6
0.0
0.0
0.0

-213.1
-54.9
-158.2

23.0
206.5
-183.5

0.0
206.5
-206.5

-12.4
5.9
-18.3

5.9
6.0
-0.1

17.5
-101.6
119.1

-48.6
-206.8

211.6
28.1

211.6
5.1

10.0
-8.3

9.7
9.6

-98.3
20.8

43.0
37.1
-43.9
-62.8
297.7
115.4
17.6
244.0
-

28.0
17.6
302.6
897.8
753.0
-27.2
93.2
0.0
0.0
0.0
0.1
36.0
-

0.0
28.0
17.6
0.0
302.6
0.0
4149.0
-27.2
93.2
0.0
0.0
0.0
0.1
36.0
0.0

0.0
35.8
27.0
0.0
8.7
-47.6
-120.5
-20.1
88.1
0.0
0.0
0.0
4.8
37.0
0.0

0.0
44.2
29.5
0.0
8.5
101.7
101.0
-14.6
88.2
0.0
0.0
0.0
4.8
44.9
0.0

1005.3
41.8
41.2
0.0
-196.1
-580.6
-472.6
-16.1
509.9
0.0
0.0
0.0
0.0
67.6
0.0

-313.1
-5.1
-5.1
9.9
14.0
750.0
84.2
-6.3

641.9
19.3
19.3
9.9
47.1
-478.4
84.0
-2.7

0.0
0.0
641.9
19.3
19.3
9.9
47.1
0.0
0.0
-2.7

0.0
0.0
11.9
0.6
0.6
9.7
73.5
-96.9
62.1
-2.0

0.0
0.0
11.8
0.6
0.6
9.8
72.6
0.0
2.5
-1.5

0.0
0.0
-346.8
-9.5
-9.5
9.6
56.6
-1683.3
-45.2
-1.6

Rafhan Maize Products Co. Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

638

2004

2005

2006

2007

2008

2009

92.4
2182.7
2275.1
0.0
0.0
0.0
0.0
2275.1

92.4
2470.4
2562.8
0.0
0.0
0.0
0.0
2562.8

92.4
2634.3
2726.7
0.0
0.0
0.0
0.0
2726.7

92.4
2933.3
3025.7
0.0
0.0
0.0
0.0
3025.7

92.4
3486.1
3578.5
0.0
0.0
0.0
0.0
3578.5

92.4
3915.4
4007.8
0.0
0.0
0.0
0.0
4007.8

33.1
33.1
0.0
354.9
1186.5
1574.5
846.5
846.5
728.0
187.7
-813.4

14.5
14.5
0.0
419.0
1378.0
1811.5
928.4
928.4
883.1
191.5
-913.9

236.3
236.3
0.0
516.2
1160.6
1913.1
800.0
800.0
1113.1
0.0
-563.7

305.4
305.4
0.0
687.7
1361.8
2354.9
919.9
919.9
1435.0
0.0
-614.5

13.7
13.7
0.0
752.3
2406.1
3172.1
1650.3
1650.3
1521.8
493.7
-1636.6

673.4
673.4
0.0
711.8
1166.1
2551.3
1296.8
1296.8
1254.5
0.0
-623.4

2526.9
1547.1
117.0
3121.6

2824.1
1679.7
168.9
3491.2

2936.5
1613.5
187.9
3526.6

3042.5
1590.6
136.8
3945.5

3647.4
2056.7
140.1
5228.8

4463.3
2753.2
150.9
5304.5

5078.0
4971.4
106.6
3827.2
1250.8
4054.9
1055.1
5.1
1050.0
257.0
147.8
0.0

5584.4
5409.2
175.2
4389.6
1194.8
4672.8
958.5
8.3
950.2
360.1
323.3
0.0

6360.9
6145.5
215.4
4789.8
1571.1
5132.5
1272.9
20.4
1252.5
396.6
6927.3
0.0

7893.4
7389.1
504.3
5795.2
2098.2
6263.3
1693.0
11.8
1681.2
551.9
831.3
0.0

11250.8
10817.0
433.8
8509.6
2741.2
9006.6
2335.1
36.1
2299.0
815.2
923.6
0.0

11428.1
11123.5
304.6
8992.7
2435.4
9446.7
2060.7
48.8
2011.9
670.1
831.3
0.0

525.1
645.2
-120.1

287.7
266.8
20.9

163.9
-6071.4
6235.3

299.0
298.0
1.0

552.8
560.2
-7.4

429.3
510.5
-81.2

762.2
642.1

435.7
456.6

-5883.5
351.8

434.8
435.8

700.3
692.9

661.4
580.2

0.0
186.0
45.8
37.2
33.6
122.9
118.7
2462.2
79.9
0.5
0.1
2.7
24.5
3.3
46.2

0.0
195.1
46.7
36.2
27.2
92.7
95.4
2773.6
83.7
0.9
0.1
4.3
37.9
3.9
37.1

0.0
239.1
94.1
29.3
35.5
-3704.3
-1672.4
2951.0
80.7
1.6
0.3
0.0
31.7
4.2
45.9

0.0
256.0
108.0
30.4
42.6
99.7
99.8
3274.6
79.3
0.7
0.1
0.0
32.8
4.2
55.6

0.0
192.2
46.4
46.1
44.0
101.3
101.1
3872.8
80.1
1.5
0.3
7.3
35.5
3.1
64.2

0.0
196.7
106.8
32.4
37.9
118.9
114.0
4337.4
82.7
2.4
0.4
0.0
33.3
2.8
50.2

536.5
6.5
20.7
113.6
85.8
9.6
162.7
23.7
25.2
246.2

182.5
12.6
17.0
102.8
63.9
10.9
160.0
-9.5
10.0
277.4

12.4
254.1
19.7
135.6
92.6
11.2
180.4
31.9
13.9
295.1

135.8
27.5
21.3
181.9
122.2
8.5
200.1
34.1
24.1
327.5

160.7
25.8
20.4
248.8
160.6
8.8
215.2
36.8
42.5
387.3

161.4
20.7
17.6
217.7
145.2
7.3
215.4
-12.5
1.6
433.7

Service Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

639

2004

2005

2006

2007

2008

2009

120.3
400.0
520.3
0.0
0.0
140.1
140.1
660.4

120.3
443.9
564.2
0.0
0.0
265.4
265.4
829.6

120.3
509.5
629.8
0.0
0.0
402.9
402.9
1032.7

120.3
634.9
755.2
0.0
0.0
376.1
376.1
1131.3

120.3
921.4
1041.7
0.0
0.0
310.6
310.6
1352.3

120.3
1401.8
1522.1
0.0
0.0
178.4
178.4
1700.5

15.1
5.0
10.1
973.6
727.1
1715.8
1436.3
1576.4
279.5
1030.5
-1421.2

12.0
4.8
7.2
1031.3
778.8
1822.1
1497.9
1763.3
324.2
1159.7
-1485.9

5.9
5.9
0.0
942.1
836.7
1784.7
1445.1
1848.0
339.6
1244.3
-1439.2

7.5
7.5
0.0
914.8
698.6
1620.9
1319.5
1695.6
301.4
982.5
-1312.0

7.0
7.0
0.0
1264.9
1182.6
2454.5
1989.7
2300.3
464.8
1236.5
-1982.7

208.4
208.4
0.0
1166.0
1253.2
2627.6
1950.8
2129.2
676.8
950.5
-1742.4

888.9
380.9
44.9
2096.7

1042.8
505.4
41.5
2327.5

1284.4
693.0
59.4
2477.7

1477.7
829.8
81.6
2450.7

1611.4
887.4
96.3
3341.9

1769.1
1023.7
102.6
3651.3

3279.3
2484.5
794.8
2949.1
330.2
3184.3
106.8
64.5
42.3
14.2
18.0
0.0

3820.3
2809.6
1010.7
3352.0
468.3
3638.1
190.4
116.1
74.3
17.1
18.0
0.0

4152.4
3267.7
884.7
3572.4
580.0
3861.2
300.4
156.5
143.9
26.1
36.1
0.0

4871.9
3788.9
1083.0
4155.9
716.0
4491.6
386.6
150.3
236.3
37.5
54.1
0.0

6877.3
5327.7
1549.6
5839.2
1038.1
6245.9
643.3
165.2
478.1
127.8
0.0
0.0

7680.2
6030.7
1649.5
6102.3
1577.9
6599.7
1098.1
162.1
936.0
222.3
240.6
0.0

44.6
10.1
34.5

169.2
39.2
130.0

203.1
81.7
121.4

98.6
144.7
-46.1

221.0
350.3
-129.3

348.2
473.1
-124.9

55.0
89.5

80.7
210.7

141.1
262.5

226.3
180.2

446.6
317.3

575.7
450.8

21.2
119.5
68.8
303.0
2.0
22.6
61.5
432.5
97.1
60.4
2.0
6.3
33.6
22.4
8.1

32.0
121.6
69.7
312.5
3.2
23.2
38.3
469.0
95.2
61.0
3.0
10.0
23.0
20.6
13.2

39.0
123.5
65.6
293.4
5.8
40.2
53.8
523.5
93.0
52.1
3.8
12.6
18.1
17.3
22.8

33.2
122.8
69.9
224.5
9.6
146.8
125.6
627.8
92.2
38.9
3.1
15.3
15.9
13.4
31.3

23.0
123.4
63.9
220.8
14.3
158.5
140.8
865.9
90.8
25.7
2.4
13.4
26.7
2.8
45.9

10.5
134.7
70.5
139.9
25.6
135.9
127.7
1265.3
85.9
14.8
2.1
17.1
23.8
10.3
61.5

156.1
3.5
1.3
3.5
2.3
11.8
156.4
84.2
7.3
43.3

317.8
3.2
1.9
6.2
4.8
10.9
164.1
77.1
16.5
46.9

326.3
5.7
3.5
12.0
9.8
11.8
167.6
93.5
8.7
52.4

367.5
7.2
4.9
19.6
16.5
11.8
198.8
63.3
17.3
62.8

0.0
0.0
7.0
39.7
29.1
11.6
205.8
102.6
41.2
86.6

296.6
15.8
12.2
77.8
59.3
11.6
210.3
96.0
11.7
126.5

Shabbir Tiles And Ceramics Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

640

2004

2005

2006

2007

2008

2009

86.2
285.2
371.4
0.0
0.0
114.9
114.9
486.3

94.9
352.9
447.8
0.0
0.0
173.2
173.2
621.0

113.8
388.7
502.5
0.0
0.0
220.6
220.6
723.1

136.6
430.8
567.4
0.0
0.0
264.7
264.7
832.1

163.9
581.2
745.1
0.0
0.0
955.1
955.1
1700.2

360.6
904.2
1264.8
0.0
0.0
2839.5
2839.5
4104.3

58.1
57.0
1.1
211.5
130.5
400.1
266.4
381.3
133.7
256.7
-208.3

60.7
59.7
1.0
330.3
144.9
535.9
390.8
564.0
145.1
435.9
-330.1

83.2
82.3
0.9
377.6
153.3
614.1
485.6
706.2
128.5
509.5
-402.4

68.5
67.7
0.8
403.5
165.4
637.4
536.1
800.8
101.3
563.5
-467.6

135.9
135.2
0.7
548.2
276.5
960.6
788.1
1743.2
172.5
1385.5
-652.2

148.5
147.9
0.6
786.6
646.5
1581.6
1591.2
4430.7
-9.6
3559.4
-1442.7

614.9
352.7
33.7
752.8

753.7
475.9
43.8
1011.8

952.2
594.6
80.0
1208.7

1175.5
730.9
89.5
1368.3

2089.0
1527.6
117.3
2488.2

4859.7
4113.9
193.4
5695.5

1026.2
1013.6
12.6
827.2
199.0
948.8
81.8
14.9
66.9
27.4
12.9
8.6

1393.4
1372.1
21.3
1105.9
287.5
1262.2
132.1
19.6
112.5
43.0
12.9
0.0

1899.7
1881.3
18.4
1467.4
432.3
1726.4
175.5
49.5
126.0
44.7
17.1
0.0

1995.8
1981.0
14.8
1555.4
440.4
1819.6
177.9
51.8
126.1
27.9
0.0
27.3

2363.2
2339.2
24.0
1829.6
533.6
2157.6
206.8
62.1
144.7
31.4
0.0
32.8

2853.3
2792.8
60.5
2068.4
784.9
2515.3
340.5
266.8
73.7
4.7
0.0
0.0

33.5
26.6
6.9

134.7
56.6
78.1

102.1
64.2
37.9

109.0
98.2
10.8

868.1
113.3
754.8

2404.1
69.0
2335.1

60.3
67.2

100.4
178.5

144.2
182.1

187.7
198.5

230.6
985.4

262.4
2597.5

23.6
150.2
101.2
102.7
8.9
79.4
89.7
430.9
92.5
18.2
1.5
5.8
41.0
15.7
18.0

27.9
137.1
100.1
125.9
11.1
42.0
56.2
471.9
90.6
14.8
1.4
4.5
38.2
19.6
25.1

30.5
126.5
94.9
140.5
10.4
62.9
79.2
441.6
90.9
28.2
2.6
9.7
35.5
16.2
25.1

31.8
118.9
88.0
141.1
9.2
90.1
94.6
415.4
91.2
29.1
2.6
9.2
22.1
15.5
22.2

56.2
121.9
86.8
234.0
5.8
13.1
23.4
454.6
91.3
30.0
2.6
4.5
21.7
13.2
19.4

69.2
99.4
58.8
350.3
1.3
2.9
10.1
350.7
88.2
78.4
9.4
7.5
6.4
19.8
5.8

306.2
3.5
6.5
7.8
4.6
11.2
136.3
-10.3
8.2
43.1

538.8
2.9
8.1
11.9
7.3
12.4
137.7
52.6
35.8
47.2

475.4
3.4
6.6
11.1
7.1
16.8
157.2
-6.7
36.3
44.2

0.0
0.0
6.3
9.2
7.2
15.1
145.9
-17.1
5.1
41.5

0.0
0.0
6.1
8.8
6.9
16.0
95.0
-4.3
18.4
45.5

0.0
0.0
2.6
2.0
1.9
12.7
50.1
-77.3
20.7
35.1

Shakarganj Food Ltd. (Al-Jadeed Textile Mills Ltd.)

Items

(Million Rupees)
2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

641

2005

2006

2007

2008

2009

23.2
-71.9
-48.7
0.0
0.0
0.0
0.0
-48.7

23.2
-71.9
-48.7
0.0
0.0
0.0
0.0
-48.7

30.0
-61.3
-31.3
0.0
0.0
30.8
30.8
-0.5

30.0
-61.6
-31.6
0.0
0.0
0.0
0.0
-31.6

30.0
-61.7
-31.7
0.0
0.0
0.0
0.0
-31.7

2.3
2.3
0.0
1.3
2.2
5.8
66.9
66.9
-61.1
0.0
-64.6

2.3
2.3
0.0
1.3
2.2
5.8
66.9
66.9
-61.1
0.0
-64.6

0.0
0.0
0.0
0.5
0.0
0.5
0.9
31.7
-0.4
30.8
-0.9

0.0
0.0
0.0
0.0
0.0
0.0
31.6
31.6
-31.6
0.0
-31.6

0.0
0.0
0.0
61.7
0.0
61.7
93.4
93.4
-31.7
0.0
-93.4

42.0
12.4
1.0
18.2

42.0
12.4
1.0
18.2

0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.0

0.0
0.0
0.0
61.7

6.0
6.0
0.0
1.9
4.1
11.4
-4.8
0.0
-4.8
0.0
0.0
0.0

6.0
6.0
0.0
1.9
4.1
11.4
-4.8
0.0
-4.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.3
-0.3
0.0
-0.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
61.7
-61.7
0.0
-61.7
0.0
0.0
0.0

-4.8
-

0.0
-4.8
4.8

48.2
-0.2
48.4

-31.1
-0.3
-30.8

-0.1
-61.7
61.6

-3.8
-

-3.8
1.0

-0.2
48.2

-0.3
-31.1

-61.7
-0.1

8.7
5.4
-26.4
0.0
0.0
-209.9
190.0
0.0
3.3
-

0.0
8.7
5.4
0.0
-26.4
0.0
-380.0
-209.9
190.0
0.0
0.0
0.0
0.0
3.3
0.0

0.0
55.6
55.6
0.0
-40.0
-0.4
-0.4
-104.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.0
1.0
-105.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
66.1
66.1
0.0
-100.0
61700.0
61700.0
-105.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0

-80.0
-2.1
-2.1
7.5
33.0
-310.0
-21.0

0.0
0.0
-80.0
-2.1
-2.1
7.5
33.0
0.0
0.0
-21.0

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
-95.2
-100.0
-10.4

0.0
0.0
0.0
-0.1
-0.1
0.0
0.0
0.0
-10.5

0.0
0.0
0.0
-20.6
-20.6
0.0
0.0
20500.0
-10.6

Shezan International Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

642

2004

2005

2006

2007

2008

2009

50.0
329.2
379.2
0.0
0.0
24.3
24.3
403.5

50.0
428.6
478.6
0.0
0.0
25.3
25.3
503.9

50.0
501.4
551.4
0.0
0.0
43.8
43.8
595.2

50.0
575.4
625.4
0.0
0.0
27.0
27.0
652.4

60.0
676.7
736.7
0.0
0.0
4.4
4.4
741.1

60.0
717.8
777.8
0.0
0.0
0.5
0.5
778.3

59.9
48.7
11.2
85.9
370.8
516.6
256.5
280.8
260.1
55.9
-196.6

123.3
112.5
10.8
90.4
400.6
614.3
268.9
294.2
345.4
54.7
-145.6

87.8
76.7
11.1
99.0
582.4
769.2
406.7
450.5
362.5
121.0
-318.9

108.2
108.2
0.0
144.5
610.9
863.6
467.9
494.9
395.7
66.1
-359.7

93.9
84.0
9.9
231.7
689.4
1015.0
566.9
571.3
448.1
27.8
-473.0

79.3
70.8
8.5
219.5
755.7
1054.5
576.0
576.5
478.5
34.6
-496.7

331.3
143.5
18.7
660.1

357.4
158.6
24.1
772.9

407.7
232.7
25.6
1001.9

451.2
256.8
33.8
1120.4

515.4
292.9
36.2
1307.9

555.6
299.8
39.3
1354.3

1367.4
1329.7
37.7
1043.0
324.4
1277.9
98.2
5.3
92.9
35.0
0.0
0.0

1670.8
1635.2
35.6
1213.8
457.0
1503.0
179.5
4.1
175.4
70.0
37.5
0.0

2182.5
2138.3
44.2
1622.1
560.4
2005.8
195.3
8.9
186.4
55.0
55.0
0.0

2634.4
2574.3
60.1
1949.3
685.1
2377.0
270.6
12.9
257.7
110.0
50.0
10.0

3020.5
2961.3
59.2
2243.3
777.2
2763.0
276.6
8.1
268.5
90.0
60.0
0.0

2728.7
2603.9
124.8
1974.4
754.3
2581.7
167.1
6.5
160.6
60.1
36.0
0.0

172.3
57.9
114.4

100.4
67.9
32.5

91.3
76.4
14.9

57.2
97.7
-40.5

88.7
118.5
-29.8

37.2
64.5
-27.3

76.6
191.0

92.0
124.5

102.0
116.9

131.5
91.0

154.7
124.9

103.8
76.5

6.0
201.4
56.8
74.1
14.1
33.6
40.1
758.4
93.5
5.4
0.4
9.5
37.7
1.8
24.5

5.0
228.4
79.5
61.5
22.7
67.6
73.9
957.2
90.0
2.3
0.2
7.5
39.9
2.9
36.6

7.4
189.1
45.9
81.7
18.6
83.7
87.3
1102.8
91.9
4.6
0.4
7.4
29.5
2.0
33.8

4.1
184.6
54.0
79.1
23.0
170.8
144.5
1250.8
90.2
4.8
0.5
19.5
42.7
2.3
41.2

0.6
179.0
57.4
77.5
20.5
133.6
123.9
1227.8
91.5
2.9
0.3
29.1
33.5
2.5
36.4

0.1
183.1
51.9
74.1
11.9
173.4
135.7
1296.3
94.6
3.9
0.2
18.8
37.4
3.2
20.6

0.0
6.8
18.6
11.6
20.7
207.2
69.1
13.4
75.8

281.1
7.8
10.5
35.1
21.1
16.8
216.2
88.7
22.2
95.7

238.9
10.0
8.5
37.3
26.3
16.1
217.8
6.3
30.6
110.3

295.4
8.0
9.8
51.5
29.5
14.5
235.1
38.1
20.7
125.1

297.5
8.1
8.9
44.8
29.8
14.1
230.9
-13.0
14.7
122.8

279.2
4.6
5.9
26.8
16.8
13.4
201.5
-40.2
-9.7
129.6

Shield Corporation Ltd.(Transpak Corp.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

643

2004

2005

2006

2007

2008

2009

30.0
84.7
114.7
0.0
0.0
0.0
0.0
114.7

30.0
88.9
118.9
0.0
0.0
0.0
0.0
118.9

30.0
101.2
131.2
0.0
0.0
0.0
0.0
131.2

30.0
98.6
128.6
0.0
0.0
0.0
0.0
128.6

30.0
99.9
129.9
0.0
0.0
0.0
0.0
129.9

30.0
101.7
131.7
0.0
0.0
0.0
0.0
131.7

0.3
0.3
0.0
17.5
51.2
69.0
54.4
54.4
14.6
11.8
-54.1

0.3
0.3
0.0
14.8
57.7
72.8
57.5
57.5
15.3
18.2
-57.2

1.4
1.4
0.0
16.9
73.5
91.8
75.1
75.1
16.7
16.5
-73.7

0.8
0.8
0.0
57.0
107.9
165.7
162.3
162.3
3.4
75.4
-161.5

0.1
0.1
0.0
45.9
99.3
145.3
170.2
170.2
-24.9
72.0
-170.1

0.4
0.4
0.0
29.2
121.5
151.1
226.6
226.6
-75.5
54.3
-226.2

186.3
100.1
12.1
169.1

205.3
103.5
12.2
176.3

229.0
114.6
13.5
206.4

252.1
125.3
15.1
291.0

269.0
154.8
14.1
300.1

353.2
207.1
16.2
358.2

221.6
221.6
0.0
152.6
69.0
212.8
10.5
1.0
9.5
3.5
0.0
0.0

292.6
292.2
0.4
192.1
100.5
283.9
9.0
1.4
7.6
0.2
0.0
0.0

363.7
363.7
0.0
234.4
129.3
341.6
22.3
4.4
17.9
2.6
3.8
0.0

430.6
430.0
0.6
286.0
144.6
411.0
19.9
6.6
13.3
2.5
4.5
0.0

512.0
510.9
1.1
370.3
141.7
495.7
16.6
7.2
9.4
0.3
3.0
0.0

489.1
486.6
2.5
342.3
146.8
467.6
22.0
10.2
11.8
0.0
0.0
9.0

6.0
-

4.2
7.4
-3.2

12.3
11.5
0.8

-2.6
6.3
-8.9

1.3
6.1
-4.8

1.8
11.8
-10.0

18.1
-

19.6
16.4

25.0
25.8

21.4
12.5

20.2
15.4

28.0
18.0

0.0
126.8
32.7
47.4
5.6
0.0
0.0
382.3
96.0
9.5
0.5
8.5
36.8
1.2
8.3

0.0
126.6
26.3
48.4
4.3
176.2
119.5
396.3
97.0
15.6
0.5
7.7
2.6
0.5
6.4

0.0
122.2
24.4
57.2
8.7
93.5
96.9
437.3
93.9
19.7
1.2
26.7
14.5
0.5
13.6

0.0
102.1
35.6
126.2
4.6
-242.3
171.2
428.7
95.4
33.2
1.5
8.8
18.8
8.2
10.3

0.0
85.4
27.0
131.0
3.1
469.2
131.2
433.0
96.8
43.4
1.4
10.0
3.2
1.6
7.2

0.0
66.7
13.1
172.1
3.3
655.6
155.6
439.0
95.6
46.4
2.1
18.8
0.0
1.1
9.0

0.0
4.3
3.2
2.0
11.9
131.0
38.2

0.0
2.6
2.5
2.5
12.2
166.0
-21.9
32.0
39.6

402.6
2.9
4.9
6.0
5.1
13.0
176.2
140.0
24.3
43.7

240.0
3.5
3.1
4.4
3.6
13.2
148.0
-26.7
18.4
42.9

303.3
2.3
1.8
3.1
3.0
11.3
170.6
-29.5
18.9
43.3

0.0
0.0
2.4
3.9
3.9
10.5
136.5
25.8
-4.5
43.9

Shifa International Hospitals Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

644

2004

2005

2006

2007

2008

2009

505.1
207.4
712.5
0.0
0.0
264.7
264.7
977.2

505.1
316.9
822.0
0.0
0.0
227.0
227.0
1049.0

505.1
365.5
870.6
0.0
0.0
232.8
232.8
1103.4

505.1
429.1
934.2
0.0
0.0
537.0
537.0
1471.2

505.1
533.2
1038.3
0.0
0.0
644.6
644.6
1682.9

505.1
1002.8
1507.9
0.0
0.0
535.4
535.4
2043.3

72.1
72.1
0.0
132.8
12.1
217.0
275.9
540.6
-58.9
341.2
-203.8

76.5
71.5
5.0
214.2
12.6
303.3
444.7
671.7
-141.4
390.7
-368.2

83.5
83.5
0.0
260.6
20.1
364.2
599.9
832.7
-235.7
468.6
-516.4

125.6
125.6
0.0
250.8
29.8
406.2
708.5
1245.5
-302.3
727.7
-582.9

168.6
168.6
0.0
313.0
44.9
526.5
641.0
1285.6
-114.5
717.9
-472.4

133.5
133.5
0.0
357.3
65.6
556.4
796.0
1331.4
-239.6
700.8
-662.5

1364.1
1036.2
52.6
1253.2

1565.0
1190.5
65.6
1493.8

1786.3
1339.2
74.1
1703.4

2306.2
1773.6
88.3
2179.8

2441.3
1797.5
113.0
2324.0

3017.2
2283.0
132.0
2839.4

683.7
683.7
0.0
412.1
271.6
565.2
120.8
13.7
107.1
3.3
50.5
0.0

876.9
876.9
0.0
387.6
489.3
738.2
188.1
23.9
164.2
4.6
0.0
0.0

1111.3
1111.3
0.0
766.8
344.5
941.3
229.3
40.0
189.3
5.8
50.5
0.0

1324.7
1324.7
0.0
837.9
486.8
1139.7
192.8
66.4
126.4
0.0
50.5
0.0

1669.1
1669.1
0.0
681.8
987.3
1361.4
319.9
87.0
232.9
8.2
50.5
0.0

1948.8
1948.8
0.0
1652.7
296.1
1652.7
316.2
109.1
207.1
35.9
121.2
0.0

243.5
53.3
190.2

71.8
159.6
-87.8

54.4
133.0
-78.6

367.8
75.9
291.9

211.7
174.2
37.5

360.4
50.0
310.4

105.9
296.1

225.2
137.4

207.1
128.5

164.2
456.1

287.2
324.7

182.0
492.4

27.1
78.7
74.3
75.9
8.5
21.9
35.8
141.1
82.7
11.3
2.0
4.0
3.1
11.3
15.0

21.6
68.2
65.4
81.7
11.0
222.3
163.9
162.7
84.2
12.7
2.7
6.1
2.8
0.0
20.0

21.1
60.7
57.4
95.6
11.1
244.5
161.2
172.4
84.7
17.4
3.6
8.5
3.1
13.4
21.7

36.5
57.3
53.1
133.3
5.8
20.6
36.0
185.0
86.0
34.4
5.0
9.1
0.0
9.9
13.5

38.3
82.1
75.1
123.8
10.0
82.3
88.5
205.6
81.6
27.2
5.2
12.1
3.5
9.2
22.4

26.2
69.9
61.7
88.3
7.3
13.9
37.0
298.5
84.8
34.5
5.6
15.6
17.3
9.5
13.7

205.5
7.1
15.7
2.1
2.1
7.2
54.6
40.0
26.9
14.1

0.0
18.7
3.3
3.2
6.3
58.7
57.1
28.3
16.3

363.4
5.8
17.0
3.7
3.6
6.2
65.2
12.1
26.7
17.2

250.3
5.4
9.5
2.5
2.5
6.6
60.8
-32.4
19.2
18.5

445.0
4.9
14.0
4.6
4.4
6.4
71.8
84.0
26.0
20.6

141.3
8.0
10.6
4.1
3.4
7.3
68.6
-10.9
16.8
29.9

Siddiqsons Tin Plate

(Million Rupees)

Items

2004

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

645

2005

2006

2007

2008

2009

713.8
731.0
1444.8
0.0
0.0
0.0
0.0
1444.8

785.2
837.4
1622.6
0.0
0.0
0.0
0.0
1622.6

785.2
888.7
1673.9
0.0
0.0
0.0
0.0
1673.9

785.2
646.1
1431.3
0.0
0.0
0.0
0.0
1431.3

190.7
190.7
0.0
390.3
1079.4
1660.4
1160.6
1160.6
499.8
1047.3
-969.9

363.4
363.4
0.0
828.4
159.2
1351.0
605.1
605.1
745.9
474.3
-241.7

258.8
258.8
0.0
844.1
1031.8
2134.7
1304.4
1304.4
830.3
1115.5
-1045.6

83.0
83.0
0.0
737.2
1755.8
2576.0
1956.2
1956.2
619.8
1298.7
-1873.2

1292.7
945.0
57.5
2605.4

1337.5
876.8
49.4
2227.8

1298.2
843.6
44.7
2978.3

1308.2
811.5
42.9
3387.5

3227.9
3227.9
0.0
2734.4
493.5
2812.2
417.2
61.4
355.8
16.9
71.4
71.4

3510.3
3510.3
0.0
3101.9
408.4
3183.9
328.3
62.2
266.1
15.2
117.8
0.0

2922.4
2922.4
0.0
2549.6
372.8
2668.8
240.6
59.5
181.1
12.0
117.8
0.0

2639.9
2625.7
14.2
2412.5
227.4
2529.8
21.3
139.5
-118.2
0.0
78.5
0.0

267.5
-

177.8
133.1
44.7

51.3
51.3
0.0

-242.6
-196.7
-45.9

325.0
-

182.5
227.2

96.0
96.0

-153.8
-199.7

0.0
143.1
50.1
80.3
13.7
0.0
0.0
202.4
87.1
14.7
1.9
5.9
4.7
12.2
24.6

0.0
223.3
197.0
37.3
11.9
74.9
80.3
206.6
90.7
18.9
1.8
13.1
5.7
20.0
16.4

0.0
163.7
84.6
77.9
6.1
100.0
100.0
213.2
91.3
24.7
2.0
5.3
6.6
10.5
10.8

0.0
131.7
41.9
136.7
-3.5
81.1
77.0
182.3
95.8
654.9
5.3
10.7
0.0
15.5
-8.3

474.6
4.9
11.0
5.0
4.7
5.8
123.9
400.0
20.2

213.0
7.3
7.6
3.4
3.2
5.2
157.6
-32.0
8.7
20.7

143.5
7.0
6.2
2.3
2.2
5.1
98.1
-32.4
-16.7
21.3

-150.6
5.5
-4.5
-1.5
-1.5
5.1
77.9
-165.2
-9.7
18.2

Syed Match Company Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

646

2004

2005

2006

2007

2008

2009

3.0
-23.5
-20.5
0.0
0.0
0.0
0.0
-20.5

3.0
-29.1
-26.1
0.0
0.0
0.0
0.0
-26.1

3.0
-42.0
-39.0
0.0
0.0
0.0
0.0
-39.0

3.0
-50.8
-47.8
0.0
0.0
0.0
0.0
-47.8

3.0
-53.4
-50.4
0.0
0.0
0.0
0.0
-50.4

3.0
-53.4
-50.4
0.0
0.0
0.0
0.0
-50.4

-3.4
-3.4
0.0
2.4
6.5
5.5
39.0
39.0
-33.5
0.0
-42.4

0.9
0.9
0.0
2.8
7.1
10.8
49.3
49.3
-38.5
0.0
-48.4

0.1
0.1
0.0
2.9
6.8
9.8
60.7
60.7
-50.9
0.0
-60.6

0.3
0.3
0.0
4.3
11.5
16.1
75.3
75.3
-59.2
0.0
-75.0

1.7
1.7
0.0
5.0
11.6
18.3
79.9
79.9
-61.6
7.0
-78.2

1.7
1.7
0.0
5.0
11.6
18.3
79.9
79.9
-61.6
7.0
-78.2

32.5
12.9
0.6
18.4

32.5
12.4
0.5
23.2

32.5
11.9
0.5
21.7

32.5
11.5
0.4
27.6

32.5
11.1
0.4
29.4

32.5
11.1
0.4
29.4

38.0
38.0
0.0
42.6
-4.6
43.9
-5.5
0.2
-5.7
0.2
0.0
0.0

40.1
36.3
3.8
44.1
-4.0
45.4
-5.3
0.0
-5.3
0.2
0.0
0.0

32.1
32.1
0.0
36.2
-4.1
37.3
-5.2
0.0
-5.2
0.1
0.0
0.0

26.6
23.3
3.3
33.5
-6.9
34.7
-8.1
0.6
-8.7
0.1
0.0
0.0

30.4
30.4
0.0
31.1
-0.7
32.1
-1.7
0.8
-2.5
0.1
0.0
0.0

30.4
30.4
0.0
31.1
-0.7
32.1
-1.7
0.8
-2.5
0.1
0.0
0.0

-5.5
-5.9
0.4

-5.6
-5.5
-0.1

-12.9
-5.3
-7.6

-8.8
-8.8
0.0

-2.6
-2.6
0.0

0.0
-2.6
2.6

-5.3
-4.9

-5.0
-5.1

-4.8
-12.4

-8.4
-8.4

-2.2
-2.2

-2.2
0.4

14.1
-2.6
-31.0
-683.3
115.5
0.5
0.3
-

21.9
7.5
-22.8
-870.0
113.2
0.0
0.2
-

0.0
16.1
4.9
0.0
-24.0
41.1
38.7
-1300.0
116.2
0.0
0.0
0.0
-1.9
0.3
0.0

0.0
21.4
6.1
0.0
-31.5
100.0
100.0
-1593.3
130.5
-7.4
2.3
0.0
-1.1
0.4
0.0

0.0
22.9
8.4
0.0
-8.5
100.0
100.0
-1680.0
105.6
-47.1
2.6
11.4
-4.0
6.9
0.0

0.0
22.9
8.4
0.0
-8.5
0.0
-550.0
-1680.0
105.6
-47.1
2.6
11.4
-4.0
6.9
0.0

-15.0
-19.0
-19.7
4.5
206.5
16.6
25.8
-68.3

-13.2
-17.7
-18.3
3.9
172.8
-6.8
5.5
-87.0

0.0
0.0
-16.2
-17.3
-17.7
4.0
147.9
-2.3
-20.0
-130.0

0.0
0.0
-32.7
-29.0
-29.3
3.4
96.4
67.6
-17.1
-159.3

0.0
0.0
-8.2
-8.3
-8.7
3.5
103.4
-71.4
14.3
-168.0

0.0
0.0
-8.2
-8.3
-8.7
3.5
103.4
0.0
0.0
-168.0

Tariq Glass Industries Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

647

2004

2005

2006

2007

2008

2009

100.0
68.1
168.1
0.0
0.0
40.5
40.5
208.6

100.0
102.3
202.3
0.0
0.0
39.2
39.2
241.5

110.0
136.4
246.4
0.0
0.0
57.0
57.0
303.4

115.5
176.2
291.7
0.0
0.0
145.7
145.7
437.4

231.0
293.7
524.7
0.0
0.0
110.8
110.8
635.5

231.0
263.0
494.0
0.0
0.0
135.0
135.0
629.0

5.8
5.8
0.0
170.4
48.1
224.3
366.5
407.0
-142.2
138.1
-360.7

6.7
6.7
0.0
177.0
72.0
255.7
407.3
446.5
-151.6
153.9
-400.6

7.8
7.8
0.0
238.7
78.9
325.4
468.8
525.8
-143.4
198.2
-461.0

11.5
11.5
0.0
264.2
79.5
355.2
531.6
677.3
-176.4
269.6
-520.1

5.9
5.9
0.0
314.9
97.5
418.3
529.9
640.7
-111.6
266.1
-524.0

9.6
9.6
0.0
334.1
98.0
441.7
619.3
754.3
-177.6
334.7
-609.7

858.2
350.7
52.2
575.0

958.6
393.0
60.1
648.7

1058.4
446.9
52.9
772.3

1278.9
613.8
56.8
969.0

1474.2
747.1
63.2
1165.4

1626.6
806.5
93.6
1248.2

746.4
725.6
20.8
629.7
116.7
688.6
60.2
16.7
43.5
3.6
10.0
0.0

972.9
902.3
70.6
852.6
120.3
916.0
59.0
19.0
40.0
0.5
0.0
0.0

1253.2
1158.2
95.0
1077.0
176.2
1168.5
87.7
25.5
62.2
4.4
0.0
0.0

1400.9
1309.1
91.8
1201.2
199.7
1290.8
111.1
33.7
77.4
9.0
11.6
0.0

1480.6
1416.4
64.2
1360.3
120.3
1451.5
29.6
34.6
-5.0
6.2
0.0
0.0

1409.8
1289.0
120.8
1282.6
127.2
1390.1
19.8
56.4
-36.6
1.2
0.0
0.0

30.9
29.9
1.0

32.9
39.5
-6.6

61.9
57.8
4.1

134.0
56.8
77.2

198.1
-11.2
209.3

-6.5
-37.8
31.3

82.1
83.1

99.6
93.0

110.7
114.8

113.6
190.8

52.0
261.3

55.8
87.1

19.4
61.2
48.1
242.1
7.6
96.8
98.8
168.1
92.3
27.7
2.2
12.1
8.3
1.2
25.9

16.2
62.8
45.1
220.7
6.2
120.1
107.1
202.3
94.2
32.2
2.0
12.3
1.3
0.7
19.8

18.8
69.4
52.6
213.4
8.1
93.4
96.4
224.0
93.2
29.1
2.0
12.9
7.1
0.7
25.2

33.3
66.8
51.9
232.2
8.0
42.4
59.5
252.6
92.1
30.3
2.4
12.5
11.6
1.0
26.5

17.4
78.9
60.5
122.1
-0.4
-5.7
19.9
227.1
98.0
116.9
2.3
13.0
-124.0
1.1
-1.0

21.5
71.3
55.5
152.7
-2.9
581.5
64.1
213.9
98.6
284.8
4.0
16.9
-3.3
1.4
-7.4

399.0
5.9
5.8
4.4
4.0
16.1
129.8
388.9
37.8
16.8

0.0
4.1
4.0
4.0
17.1
150.0
-9.1
30.3
20.2

0.0
0.0
5.0
5.7
5.3
13.5
162.3
42.5
28.8
22.4

589.7
4.0
5.5
6.7
5.9
12.7
144.6
17.5
11.8
25.3

0.0
0.0
-0.3
-0.2
-0.5
10.3
127.0
-103.0
5.7
22.7

0.0
0.0
-2.6
-1.6
-1.6
12.5
112.9
700.0
-4.8
21.4

Treet Corporation Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

648

2004

2005

2006

2007

2008

2009

41.8
954.9
996.7
0.0
0.0
1.1
1.1
997.8

41.8
1210.8
1252.6
0.0
0.0
0.8
0.8
1253.4

41.8
1216.8
1258.6
0.0
0.0
1.6
1.6
1260.2

41.8
1387.7
1429.5
0.0
0.0
0.5
0.5
1430.0

41.8
1310.3
1352.1
0.0
0.0
0.0
0.0
1352.1

41.8
1852.0
1893.8
0.0
0.0
0.0
0.0
1893.8

755.8
581.7
174.1
235.3
105.3
1096.4
491.1
492.2
605.3
131.4
264.7

767.3
205.5
561.8
487.2
147.3
1401.8
534.9
535.7
866.9
326.2
232.4

1065.5
422.6
642.9
238.1
253.3
1556.9
772.1
773.7
784.8
545.9
293.4

671.8
133.3
538.5
367.5
302.4
1341.7
782.7
783.2
559.0
545.5
-110.9

355.4
119.4
236.0
876.4
549.0
1780.8
1383.3
1383.3
397.5
1129.0
-1027.9

1099.8
80.2
1019.6
598.6
251.5
1949.9
1661.0
1661.0
288.9
1397.7
-561.2

747.7
392.5
22.3
1488.9

766.8
386.4
28.3
1788.2

868.3
475.4
27.2
2032.3

1087.8
871.0
40.8
2212.7

1433.4
954.6
57.7
2735.4

2110.8
1605.0
50.4
3554.9

1231.3
1027.6
203.7
841.0
390.3
998.8
286.4
4.4
282.0
74.0
41.8
0.0

1395.4
1098.8
296.6
957.0
438.4
1155.1
302.5
15.2
287.3
73.9
62.7
0.0

1476.3
1110.0
366.3
1198.1
278.2
1395.0
123.6
22.4
101.2
10.0
8.4
0.0

1457.2
1039.3
417.9
1201.3
255.9
1417.6
162.6
60.3
102.3
18.2
8.4
0.0

1288.0
833.1
454.9
1126.5
161.5
1251.8
115.2
83.6
31.6
5.1
0.0
0.0

1573.8
899.3
674.5
1229.5
344.3
1495.2
108.8
119.3
-10.5
23.2
0.0
0.0

380.0
166.2
213.8

255.6
150.7
104.9

6.8
82.8
-76.0

169.8
75.7
94.1

-77.9
26.5
-104.4

541.7
-33.7
575.4

188.5
402.3

179.0
283.9

110.0
34.0

116.5
210.6

84.2
-20.2

16.7
592.1

0.1
223.3
201.8
49.4
18.9
43.7
46.9
2384.4
81.1
1.5
0.4
3.3
26.2
2.1
28.3

0.1
262.1
234.5
42.8
16.1
59.0
63.1
2996.7
82.8
5.0
1.1
4.7
25.7
10.4
22.9

0.1
201.6
168.8
61.5
5.0
1217.6
323.5
3011.0
94.5
18.1
1.5
4.1
9.9
1.5
8.0

0.0
171.4
132.8
54.8
4.6
44.6
55.3
3419.9
97.3
37.1
4.1
11.1
17.8
6.4
7.2

0.0
128.7
89.0
102.3
1.2
-34.0
-416.8
3234.7
97.2
72.6
6.5
7.4
16.1
11.5
2.3

0.0
117.4
102.3
87.7
-0.3
-6.2
2.8
4530.6
95.0
109.7
7.6
8.5
-221.0
0.0
-0.6

497.6
4.2
22.9
67.5
49.8
12.6
82.7
-35.2
-3.5
238.4

340.4
5.0
20.6
68.7
51.1
7.2
78.0
1.8
13.3
299.7

1085.7
0.7
6.9
24.2
21.8
7.8
72.6
-64.8
5.8
301.1

1001.2
0.6
7.0
24.5
20.1
6.0
65.9
1.2
-1.3
342.0

0.0
0.0
2.5
7.6
6.3
8.7
47.1
-69.0
-11.6
323.5

0.0
0.0
-0.7
-2.5
-8.1
6.3
44.3
-132.9
22.2
453.1

Tri-Pack Films Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

649

2004

2005

2006

2007

2008

2009

300.0
650.2
950.2
0.0
0.0
1000.0
1000.0
1950.2

300.0
689.2
989.2
0.0
0.0
972.0
972.0
1961.2

300.0
782.1
1082.1
0.0
0.0
756.0
756.0
1838.1

300.0
952.6
1252.6
0.0
0.0
540.0
540.0
1792.6

300.0
1012.2
1312.2
0.0
0.0
824.0
824.0
2136.2

300.0
1276.6
1576.6
0.0
0.0
608.0
608.0
2184.6

14.0
14.0
0.0
437.6
433.8
885.4
825.8
1825.8
59.6
1595.6
-811.8

23.5
23.5
0.0
541.2
313.9
878.6
796.7
1768.7
81.9
1280.3
-773.2

208.9
208.9
0.0
622.5
277.0
1108.4
974.2
1730.2
134.2
972.0
-765.3

375.7
325.3
50.4
716.5
640.8
1733.0
1549.0
2089.0
184.0
756.0
-1173.3

297.1
297.1
0.0
954.4
950.4
2201.9
2177.0
3001.0
24.9
1689.9
-1879.9

229.8
229.8
0.0
1188.9
1002.6
2421.3
2312.5
2920.5
108.8
1430.3
-2082.7

2673.0
1890.6
147.6
2776.0

2876.6
1879.3
225.5
2757.9

2786.0
1704.0
228.6
2812.4

3072.2
1608.7
244.3
3341.7

3835.2
2111.3
265.8
4313.2

4120.2
2075.9
328.1
4497.2

2054.6
2054.6
0.0
1773.1
281.5
1876.1
186.1
20.3
165.8
9.0
90.0
0.0

3391.0
3010.0
381.0
3041.4
349.6
3165.7
237.4
117.1
120.3
15.1
0.0
0.0

4351.0
4027.3
323.7
3842.2
508.8
3988.1
374.9
130.6
244.3
19.2
150.0
0.0

5386.1
5348.6
37.5
4458.4
927.7
4644.3
767.5
93.2
674.3
148.3
300.0
0.0

7100.2
7033.5
66.7
6090.1
1010.1
6297.3
832.5
108.8
723.7
134.2
420.0
0.0

5685.7
5443.1
242.6
4695.0
990.7
4948.1
780.6
221.7
558.9
168.8
300.0
0.0

973.6
66.8
906.8

11.0
105.2
-94.2

-123.1
75.1
-198.2

-45.5
226.0
-271.5

343.6
169.5
174.1

48.4
90.1
-41.7

214.4
1121.2

330.7
236.5

303.7
105.5

470.3
198.8

435.3
609.4

418.2
376.5

51.3
107.2
54.7
192.1
6.0
6.9
19.1
316.7
91.3
10.9
1.0
1.3
5.4
12.5
17.4

49.6
110.3
70.9
178.8
4.4
956.4
139.8
329.7
93.4
49.3
3.5
9.1
12.6
11.5
12.2

41.1
113.8
85.3
159.9
8.7
-61.0
287.9
360.7
91.7
34.8
3.0
13.4
7.9
10.7
22.6

30.1
111.9
70.5
166.8
20.2
-496.7
236.6
417.5
86.2
12.1
1.7
12.3
22.0
9.9
53.8

38.6
101.1
57.5
228.7
16.8
49.3
71.4
437.4
88.7
13.1
1.5
6.4
18.5
9.6
55.2

27.8
104.7
61.3
185.2
12.4
186.2
111.1
525.5
87.0
28.4
3.9
15.5
30.2
15.6
35.4

174.2
9.5
8.1
5.5
5.2
18.0
74.0
-37.5
14.7
31.7

0.0
3.5
4.0
3.5
11.9
123.0
-27.3
65.0
33.0

150.1
13.9
5.6
8.1
7.5
12.2
154.7
102.5
28.3
36.1

175.3
24.0
12.5
22.5
17.5
14.3
161.2
177.8
23.8
41.8

140.4
32.0
10.2
24.1
19.7
16.5
164.6
7.1
31.8
43.7

130.0
19.0
9.8
18.6
13.0
15.6
126.4
-22.8
-19.9
52.6

Unilever Pakistan Foods Ltd. (Rafhan Bestfoods Ltd.)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

650

(Million Rupees)
2004

2005

2006

2007

2008

2009

61.6
263.3
324.9
0.0
0.0
0.0
0.0
324.9

61.6
297.5
359.1
0.0
0.0
0.0
0.0
359.1

61.6
316.8
378.4
0.0
0.0
0.0
0.0
378.4

61.6
-43.7
17.9
0.0
0.0
0.0
0.0
17.9

61.6
58.5
120.1
0.0
0.0
0.0
0.0
120.1

61.6
125.5
187.1
0.0
0.0
0.0
0.0
187.1

34.5
34.5
0.0
233.6
168.1
436.2
229.4
229.4
206.8
118.5
-194.9

126.9
126.9
0.0
182.7
148.5
458.1
202.0
202.0
256.1
26.0
-75.1

172.1
172.1
0.0
151.0
279.9
603.0
327.0
327.0
276.0
0.0
-154.9

16.2
16.2
0.0
174.9
378.0
569.1
747.6
747.6
-178.5
362.4
-731.4

8.0
8.0
0.0
166.3
352.4
526.7
714.4
714.4
-187.7
242.6
-706.4

40.7
40.7
0.0
229.8
333.8
604.3
706.2
706.2
-101.9
148.8
-665.5

497.2
118.0
35.4
554.2

500.7
103.1
26.7
561.2

508.7
102.3
21.7
705.3

614.8
196.4
21.4
765.5

731.1
307.7
29.6
834.4

737.8
288.9
38.8
893.2

1585.5
1585.5
0.0
1242.0
343.5
1549.8
40.9
4.1
36.8
39.8
30.8
0.0

1824.3
1824.3
0.0
1298.7
525.6
1669.4
167.0
6.1
160.9
49.8
67.7
0.0

2373.2
2373.2
0.0
1641.9
731.3
2109.7
294.5
4.3
290.2
76.3
215.5
0.0

2917.0
2917.0
0.0
2028.6
888.4
2581.9
354.8
8.7
346.1
118.9
572.7
0.0

3748.4
3748.4
0.0
2591.3
1157.1
3216.8
552.5
22.2
530.3
152.8
221.7
0.0

3376.5
3376.5
0.0
2122.1
1254.4
3142.5
264.2
22.5
241.7
104.6
209.4
0.0

14.1
-33.8
47.9

34.2
43.4
-9.2

19.3
-1.6
20.9

-360.5
-345.5
-15.0

102.2
155.8
-53.6

67.0
-72.3
139.3

1.6
49.5

70.1
60.9

20.1
41.0

-324.1
-339.1

185.4
131.8

-33.5
105.8

0.0
190.1
116.9
70.6
6.6
-239.7
3.2
527.4
97.7
10.0
0.3
3.5
108.2
4.3
11.3

0.0
226.8
153.3
56.3
28.7
126.9
115.1
583.0
91.5
3.7
0.3
23.5
31.0
3.9
44.8

0.0
184.4
98.8
86.4
41.1
-8.3
49.0
614.3
88.9
1.5
0.2
0.0
26.3
2.7
76.7

0.0
76.1
25.6
4176.5
45.2
95.8
95.6
29.1
88.5
2.5
0.3
2.4
34.4
3.0
1933.5

0.0
73.7
24.4
594.8
63.6
152.4
140.7
195.0
85.8
4.0
0.6
9.2
28.8
1.3
441.5

0.0
85.6
38.3
377.4
27.1
-107.9
-31.7
303.7
93.1
8.5
0.7
15.1
43.3
2.4
129.2

-9.7
9.5
2.3
6.0
-0.5
23.2
286.1
-271.4
-18.8
52.7

164.1
18.9
8.8
26.1
18.0
22.6
325.1
335.0
15.1
58.3

99.3
57.0
12.2
47.1
34.7
21.0
336.5
80.5
30.1
61.4

39.7
3199.4
11.9
56.2
36.9
20.9
381.1
19.3
22.9
2.9

170.3
184.6
14.1
86.1
61.3
15.1
449.2
53.2
28.5
19.5

65.5
111.9
7.2
39.2
22.3
12.6
378.0
-54.5
-9.9
30.4

Unilever Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

651

2004

2005

2006

2007

2008

2009

664.7
1596.0
2260.7
0.0
0.0
15.9
15.9
2276.6

664.7
1340.4
2005.1
0.0
0.0
20.1
20.1
2025.2

664.7
1158.6
1823.3
0.0
0.0
0.0
0.0
1823.3

664.7
1312.4
1977.1
0.0
0.0
52.9
52.9
2030.0

664.7
1552.6
2217.3
4.8
0.0
77.3
82.1
2299.4

664.7
2632.2
3296.9
4.8
0.0
56.8
61.6
3358.5

1155.4
1060.2
95.2
1335.2
1809.1
4299.7
3547.0
3562.9
752.7
319.8
-2391.6

522.4
427.2
95.2
1696.4
1804.8
4023.6
3759.5
3779.6
264.1
87.0
-3237.1

681.1
585.9
95.2
1437.9
2156.5
4275.5
4589.6
4589.6
-314.1
0.2
-3908.5

283.9
188.7
95.2
1548.6
2726.1
4558.6
6041.9
6094.8
-1483.3
493.7
-5758.0

202.0
106.8
95.2
2487.1
4261.8
6950.9
9079.7
9161.8
-2128.8
3342.1
-8877.7

334.8
239.6
95.2
2702.8
3649.1
6686.7
8064.8
8126.4
-1378.1
1123.1
-7730.0

3384.3
1523.9
241.6
5823.6

3768.6
1761.2
260.5
5784.8

4078.1
2137.4
287.0
6412.9

5874.0
3513.5
373.0
8072.1

6964.6
4428.3
453.7
11379.2

7594.0
4736.6
453.7
11423.3

22335.9
22335.9
0.0
16812.5
5523.4
21411.5
2216.7
40.1
2176.6
610.4
1630.3
0.0

22473.2
22473.2
0.0
15619.5
6853.7
20102.4
2568.2
76.5
2491.7
559.5
797.6
0.0

26536.8
26536.8
0.0
18658.6
7878.2
24178.3
2498.0
63.9
2434.1
860.0
1622.0
0.0

29854.8
29854.8
0.0
20771.7
9083.1
27407.2
2653.8
109.2
2544.6
727.9
1646.9
0.0

39057.2
39057.2
0.0
28121.5
10935.7
35906.9
3403.4
466.2
2937.2
863.3
1635.1
0.0

38187.6
38187.6
0.0
24852.6
13335.0
33436.6
4943.3
427.7
4515.6
1193.4
3044.3
0.0

1256.3
-64.1
1320.4

-251.4
1134.6
-1386.0

-201.9
-47.9
-154.0

206.7
169.8
36.9

269.4
438.8
-169.4

1059.1
277.9
781.2

177.5
1497.9

1395.1
9.1

239.1
85.1

542.8
579.7

892.5
723.1

731.6
1512.8

0.7
121.2
70.2
157.6
37.4
-5.1
11.8
340.1
95.9
1.8
0.2
12.5
28.0
0.4
96.3

1.0
107.0
59.0
188.5
43.1
-451.3
15330.8
301.7
89.5
3.0
0.3
87.9
22.5
0.5
124.3

0.0
93.2
46.2
251.7
38.0
23.7
281.0
274.3
91.1
2.6
0.2
31950.0
35.3
0.7
133.5

2.6
75.4
30.3
308.3
31.5
82.1
93.6
297.4
91.8
4.1
0.4
22.1
28.6
0.8
128.7

3.6
76.6
29.6
413.2
25.8
162.9
123.4
333.6
91.9
13.7
1.2
13.9
29.4
0.6
132.5

1.8
82.9
37.7
246.5
39.5
26.2
48.4
496.0
87.6
8.7
1.1
38.1
26.4
1.3
137.0

96.1
72.1
9.7
32.7
23.6
16.7
383.5
-13.7
-2.7
34.0

242.3
39.8
11.1
37.5
29.1
17.1
388.5
14.7
0.6
30.2

97.0
89.0
9.2
36.6
23.7
16.3
413.8
-2.4
18.1
27.4

110.3
83.3
8.5
38.3
27.3
17.5
369.9
4.6
12.5
29.7

126.8
73.7
7.5
44.2
31.2
12.9
343.2
15.4
30.8
33.4

109.1
92.3
11.8
67.9
50.0
10.2
334.3
53.6
-2.2
49.6

United Brands Ltd.(Udl Industries Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

652

2004

2005

2006

2007

2008

2009

12.0
-10.8
1.2
0.0
0.0
0.0
0.0
1.2

12.0
-11.0
1.0
0.0
0.0
0.0
0.0
1.0

12.0
-6.7
5.3
0.0
0.0
0.0
0.0
5.3

12.0
-7.3
4.7
0.0
0.0
3.6
3.6
8.3

12.0
-7.5
4.5
0.0
0.0
1.8
1.8
6.3

12.0
-24.7
-12.7
0.0
0.0
0.2
0.2
-12.5

1.4
1.4
0.0
0.0
0.0
1.4
0.2
0.2
1.2
0.0
1.2

1.2
1.2
0.0
0.0
0.0
1.2
0.2
0.2
1.0
0.0
1.0

11.9
11.9
0.0
25.9
22.8
60.6
57.3
57.3
3.3
0.3
-45.4

7.2
7.2
0.0
46.5
59.6
113.3
116.2
119.8
-2.9
4.6
-109.0

11.4
11.4
0.0
64.1
72.4
147.9
148.5
150.3
-0.6
3.0
-137.1

20.2
20.2
0.0
65.2
76.5
161.9
180.0
180.2
-18.1
1.6
-159.8

0.0
0.0
0.0
1.4

0.0
0.0
0.0
1.2

3.7
1.9
0.2
62.5

15.6
11.2
2.8
124.5

12.5
6.9
1.8
154.8

12.5
5.6
1.3
167.5

0.0
0.0
0.0
0.0
0.0
0.2
0.9
0.0
0.9
0.0
0.8
0.0

0.0
0.0
0.0
0.0
0.0
0.2
-0.2
0.0
-0.2
0.0
0.0
0.0

122.5
122.5
0.0
108.3
14.2
117.5
5.0
0.5
4.5
1.6
0.0
0.0

334.7
334.7
0.0
291.0
43.7
365.0
7.8
1.6
6.2
3.9
0.0
0.0

514.8
514.8
0.0
468.4
46.4
542.7
7.4
1.4
6.0
2.4
12.0
0.0

580.3
580.3
0.0
521.8
58.5
595.6
-15.3
1.5
-16.8
0.0
0.0
0.0

0.1
0.1
0.0

-0.2
-0.2
0.0

4.3
2.9
1.4

3.0
2.3
0.7

-2.0
-8.4
6.4

-18.8
-16.8
-2.0

0.1
0.1

-0.2
-0.2

3.1
4.5

5.1
5.8

-6.6
-0.2

-15.5
-17.5

0.0
700.0
700.0
16.7
64.3
100.0
100.0
10.0
0.0
0.0
0.0
0.0
0.0
0.0
75.0

0.0
600.0
600.0
20.0
-16.7
100.0
100.0
8.3
0.0
0.0
0.0
0.0
0.0
0.0
-20.0

0.0
105.8
66.0
1081.1
7.2
67.4
68.9
44.2
95.9
10.0
0.4
166.7
35.6
8.5
84.9

43.4
97.5
46.2
2548.9
5.0
76.7
87.9
39.2
109.1
20.5
0.5
34.8
62.9
44.2
131.9

28.6
99.6
50.8
3340.0
3.9
420.0
3300.0
37.5
105.4
18.9
0.3
46.7
40.0
4.5
133.3

0.0
89.9
47.4
0.0
-10.0
89.4
88.6
-105.8
102.6
-9.8
0.3
93.8
0.0
4.5
0.0

112.5
66.7
0.0
0.8
0.8
0.0
0.0
0.0
1.0

0.0
0.0
0.0
-0.2
-0.2
0.0
0.0
-125.0
0.8

0.0
0.0
3.7
3.8
2.4
0.0
196.0
-2000.0
4.4

0.0
0.0
1.9
5.2
1.9
127.3
268.8
36.8
173.2
3.9

30.0
266.7
1.2
5.0
3.0
16.1
332.6
-3.8
53.8
3.8

0.0
0.0
-2.9
-14.0
-14.0
18.8
346.4
-380.0
12.7
-10.6

United Distributors Pakistan Ltd.

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

653

2004

2005

2006

2007

2008

2009

66.0
38.4
104.4
0.0
0.0
4.4
4.4
108.8

66.0
38.2
104.2
0.0
0.0
2.1
2.1
106.3

72.6
20.2
92.8
0.0
0.0
4.2
4.2
97.0

72.6
23.1
95.7
0.0
0.0
13.8
13.8
109.5

72.6
58.9
131.5
0.0
0.0
7.1
7.1
138.6

83.5
126.3
209.8
0.0
0.0
37.8
37.8
247.6

115.1
3.6
111.5
32.3
46.3
193.7
96.2
100.6
97.5
6.8
18.9

34.3
7.9
26.4
103.2
35.0
172.5
77.2
79.3
95.3
4.4
-42.9

32.2
5.8
26.4
111.4
92.0
235.6
151.5
155.7
84.1
31.6
-119.3

36.6
10.2
26.4
128.8
128.3
293.7
216.6
230.4
77.1
40.3
-180.0

152.6
3.3
149.3
47.0
271.2
470.8
371.8
378.9
99.0
55.2
-219.2

221.2
29.9
191.3
72.8
353.5
647.5
482.2
520.0
165.3
62.0
-261.0

26.4
11.4
3.3
205.1

29.9
11.0
3.9
183.5

31.8
12.9
4.8
248.5

53.7
32.3
1.6
326.0

65.1
39.6
8.9
510.4

11.8
82.3
13.5
729.8

66.7
66.7
0.0
50.2
16.5
100.1
6.8
1.7
5.1
0.8
6.6
0.0

81.4
81.4
0.0
60.2
21.2
110.3
4.2
2.0
2.2
0.3
0.0
0.0

130.8
130.8
0.0
110.2
20.6
171.0
-7.0
4.3
-11.3
0.1
0.0
0.0

311.1
311.1
0.0
252.1
59.0
339.5
13.9
10.3
3.6
1.4
0.0
0.0

656.8
656.8
0.0
542.1
114.7
671.6
34.5
12.3
22.2
4.0
0.0
10.9

773.3
773.3
0.0
585.9
187.4
764.6
62.5
19.8
42.7
9.6
8.3
8.3

-3.6
-2.3
-1.3

-2.5
1.9
-4.4

-9.3
-11.4
2.1

12.5
2.2
10.3

29.1
18.2
10.9

109.0
24.8
84.2

1.0
-0.3

5.8
1.4

-6.6
-4.5

3.8
14.1

27.1
38.0

38.3
122.5

4.0
201.4
153.2
96.4
2.5
158.2
150.1
25.0
2.5
25.0
15.7
1.8
4.9

2.0
223.4
178.1
76.1
1.2
414.3
157.9
135.5
47.6
2.5
45.5
13.6
3.1
2.1

4.3
155.5
94.8
167.8
-4.5
122.6
146.7
127.8
130.7
-61.4
3.3
13.6
-0.9
2.8
-12.2

12.6
135.6
76.4
240.8
1.1
17.6
27.0
131.8
109.1
74.1
3.3
25.6
38.9
4.9
3.8

5.1
126.6
53.7
288.1
4.3
62.5
71.3
181.1
102.3
35.7
1.9
22.3
18.0
0.7
16.9

15.3
134.3
61.0
247.9
5.9
22.8
31.3
251.3
98.9
31.7
2.6
31.9
22.5
0.4
20.4

65.2
6.3
7.6
0.8
0.7
33.0
32.5
166.7
41.9
15.8

0.0
2.7
0.3
0.3
34.2
44.4
-62.5
22.0
15.8

0.0
0.0
-8.6
-1.6
-1.6
43.6
52.6
-633.3
60.7
12.8

0.0
0.0
1.2
0.5
0.3
10.2
95.4
-131.3
137.8
13.2

0.0
0.0
3.4
3.1
2.5
27.6
128.7
520.0
111.1
18.1

398.8
4.0
5.5
5.1
4.0
34.1
106.0
64.5
17.7
25.1

ZIL Ltd. (Zulfeqar Industries Ltd.)

(Million Rupees)

Items
A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

654

2004

2005

2006

2007

2008

2009

40.0
156.8
196.8
0.0
0.0
30.6
30.6
227.4

40.0
206.7
246.7
0.0
0.0
20.0
20.0
266.7

40.0
204.4
244.4
0.0
0.0
1.5
1.5
245.9

40.0
265.7
305.7
0.0
0.0
0.0
0.0
305.7

44.0
274.7
318.7
0.0
0.0
0.0
0.0
318.7

48.4
316.4
364.8
0.0
0.0
0.0
0.0
364.8

104.0
41.5
62.5
40.3
95.9
240.2
173.8
204.4
66.4
48.6
-69.8

70.3
23.7
46.6
45.0
126.7
242.0
151.1
171.1
90.9
38.6
-80.8

96.9
47.7
49.2
51.3
121.9
270.1
235.4
236.9
34.7
21.2
-138.5

87.0
59.1
27.9
59.4
134.4
280.8
251.8
251.8
29.0
0.0
-164.8

34.2
34.2
0.0
76.5
258.8
369.5
324.7
324.7
44.8
0.0
-290.5

149.6
124.6
25.0
102.8
204.8
457.2
360.3
360.3
96.9
0.0
-210.7

170.8
161.0
7.7
401.2

0.0
175.6
0.0
417.6

252.2
211.2
19.1
481.3

309.4
276.6
22.5
557.4

330.1
274.0
25.7
643.5

345.2
268.0
25.5
725.2

896.4
896.4
0.0
736.0
160.4
846.0
55.9
2.3
53.6
16.2
10.0
0.0

1027.7
1027.7
0.0
856.7
171.0
971.0
69.0
5.2
63.8
17.6
10.0
0.0

1135.3
1135.3
0.0
861.2
274.1
1043.0
92.7
3.2
89.5
26.3
20.0
0.0

1149.0
1149.0
0.0
883.5
265.5
1091.7
63.9
1.9
62.0
12.4
12.0
4.0

1391.2
1391.2
0.0
1105.4
285.8
1355.0
40.8
3.9
36.9
16.9
4.4
4.4

1350.1
1350.1
0.0
990.9
359.2
1269.9
87.0
6.7
80.3
32.6
19.4
4.8

77.8
27.4
50.4

39.3
36.2
3.1

-20.8
43.2
-64.0

59.8
37.6
22.2

13.0
15.6
-2.6

46.1
28.3
17.8

35.1
85.5

36.2
39.3

62.3
-1.7

60.1
82.3

41.3
38.7

53.8
71.6

13.5
138.2
83.0
103.9
13.4
35.2
41.1
492.0
94.4
4.1
0.3
4.7
30.2
0.7
27.2

7.5
160.2
76.3
69.4
15.3
92.1
92.1
616.8
94.5
7.5
0.5
13.5
27.6
0.6
25.9

0.6
114.7
63.0
96.9
18.6
-207.7
-3664.7
611.0
91.9
3.5
0.3
15.1
29.4
0.7
36.6

0.0
111.5
58.1
82.4
11.1
62.9
73.0
764.3
95.0
3.0
0.2
0.0
20.0
0.4
20.3

0.0
113.8
34.1
101.9
5.7
120.0
106.7
724.3
97.4
9.6
0.3
0.0
45.8
0.8
11.6

0.0
126.9
70.1
98.8
11.1
61.4
75.1
753.7
94.1
7.7
0.5
0.0
40.6
1.9
22.0

374.0
5.1
6.0
13.4
9.4
11.3
223.4
59.5
14.5
49.2

462.0
4.1
6.2
16.0
11.6
0.0
246.1
19.4
14.6
61.7

316.0
8.2
7.9
22.4
15.8
10.9
235.9
40.0
10.5
61.1

413.3
3.9
5.4
15.5
12.4
11.8
206.1
-30.8
1.2
76.4

454.5
1.4
2.7
8.4
4.5
9.3
216.2
-45.8
21.1
72.4

245.9
5.3
5.9
16.6
9.9
9.3
186.2
97.6
-3.0
75.4

AKD Capital Ltd. (Akd Securities & Safe Deposit Co. Ltd.)
416-418, Continental Trade Square, Main Clifton Road, Karachi.

Management

Banker

Mr. Aqeel A. Karim Dhedhi(Chairman)

MCB Bank Ltd.

Mr. Naseer Ahmed(Chief Executive)

United Bank Ltd.

Mr. Mohammad Sohail(Director)

Standard Chartered Bank Ltd.

Auditor
M/s Muniff Ziauddin & Co.

Mrs. Mehrunnisa Siddique(Director)

Mrs. Yasmeen Aqeel(Director)
Ms. Ayesha Aqeel(Director)
Ms. Anum Aqeel(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

74.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

115.71

Ordinary Shares (%)

Lowest Price in

2009

Rs.

30.21

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

62.59

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Deposatary and fund management

Al-Khair Gadoon Ltd.

Plot No. 92/3, Phase-III, Industrial Estate, Gadoon Amazai, Distt. Sawabi, NWFP.

Management

Banker

Mr. Mohammad Afzal Sheikh(Chairman)

Auditor

Allied Bank Of Pakistan Ltd.

M/S Tahir Siddiqi & Co.

()
Mr. Mohammad Saeed Sheikh(Chief Executive)
Mrs. Munawar Pervaiz(Director)
Mrs Perveen Afzal(Director)
Mrs. Farnaz Saeed(Director)
Mr. Mohammad Amin Sheikh(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

7.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.20

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.15

Preference Shares(%)

Investment Yield%

Production Desc
Foam

, 2009

Units
M. Tons

655

Capacity

Actual Production

26,560

861

Arpak International InvestmentsLtd.

King's Arcade, 20-A, Markaz F-7, Islamabad.

Management

Banker

Begum Laila Sarfaraz(Chief Executive)

Bank Alfalah Ltd.

Mr. Abbas Sarfaraz Khan(Director)

Bank Al-Habib Ltd.

Mr. Abdul Qadar Khattak(Director)

The Bank of Khyber

Mr. Aziz Sarfaraz Khan(Director)

Silk Bank Ltd.

Mr. Iskander M. Khan(Director)

Standard Charted Bank Ltd.

Ms. Najda Sarfaraz(Director)

MCB Bank Ltd

Auditor
M/S Hameed Chaudhri & Co.

Ms. Zarmine Sarfaraz(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

17.50

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

12.00

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Deposatary and fund management

Balochistan Glass Ltd.

Firduosi Manzil, Rustamji Lane, M. A. Jinnah Road, Quetta.

Management

Banker

Auditor

Mr. Muhammad Tousif Peracha(Chairman/C.E.) Atlas Bank Ltd.

M/s. Faruq Ali & Co.

Mr. Jawaid Aziz Paracha(Chief Executive)

Citibank N.A.

Mr. Muhammad Niaz Paracha(Director)

Al Baraka Islamic Bank

Mr. Muhammad Shareef paracha(Director)

The Hong Kong & Shanghai Banking Corporation Ltd

Mr. Tariq Siddiq Peracha(Director)

Meezan Bank Ltd.

Mr. Arshad Siddiq Paracha(Director)

The Bank Of Punjab

Mr. Muhammad Ishaque Khokhar(Director)

United Bank Ltd.

Date of Annual General Meeting

01st December , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

3.88

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.75

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.95

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.47

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Glass Container

M. Tons

Plastic shells

Pieces

Capacity

656

Actual Production

120,400

32,170

2,300,000

305,800

Bata Pakistan Ltd.

Batapur, G. T. Road, Post Office Batapur, Lahore.

Management

Banker

Mr. Fernando Garcia(Chairman)

Bank Al-Habib Limited

Mr. M. Imran Malik(Chief Executive)

Habib Metropolitan Bank Limted

Mr. Fakir Syed Aijazuddin(Director)

Habib Bank Ltd.

Mr. M. G. Milddleton(Director)

MCB Bank Ltd

Mr. Muhmmad Ali Malik(Director)

National Bank Of Pakistan

Mr. Ijaz Ahmed Chaudry(Director)

Atlas Bank Ltd.

Auditor
M/s. Emst & Young Ford Rhodes Sidat Hyder

Mr. Garlos Gomez(Director)

Date of Annual General Meeting

22nd April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

120

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

979.00

Highest Price in

2009

Rs.

1,059.00

Lowest Price in

2009

Rs.

531.22

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

795.11

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Rubber & canvas

No. of Pairs

1,253

Leather

No. of Pairs

5,930

8,243

Plastic

No. of Pairs

2,120

2,151

Clover Pakistan Ltd.

Lakson Square Building No.2, Sarwar Shaheed Road, Karachi-74200.

Management

Banker

Mr. Iqbal Ali Lakhani(Chairman)

Habib Bank Ltd.

Mr. Zulfiqar Ali Lakhani(Chief Executive)

MCB Bank Ltd.

Auditor
Ford Rhodes Sidat Hyder & Co.

Mr. A. Aziz H. Ebrahim(Director)

Mr. Amin Mohammed Lakhani(Director)
Mr. M. A. Qadir(Director)
Mr. Shahid Ahmed Khan(Director)
Mr. Tasleemuddin Ahmed Batlay(Director)
Date of Annual General Meeting

28th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

58.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

164.83

Ordinary Shares (%)

Lowest Price in

2009

Rs.

46.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

85.44

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Food Products

M.Tons

4,092

6,456

Plastic Products

M.Tons

27

37

657

Dadabhoy Construction Tech. Ltd.(Pak German Prefabs Ltd.)

C-30/II, 24th Commercial Street, Phase-2 (Ext.) D.H.A. Karachi.

Management

Banker

Mr. Mohammad Hussain Dadabhoy(Chairman)

Auditor

Silk Bank Ltd.

M/s A.R.Khan & Co.

Mr. Fazal Karim Dadabhoy(Chief Executive)

Mr. Mohammad Amin Dadabhoy(Director)
Mrs. Noor Bhakt Dadabhoy(Director)
Mr. Nasimuddin(Director)
Mrs. Humaira Dadabhoy(Director)
Mrs. Yasmeen Dadabhoy(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Concrete

Capacity

Actual Production

26,000

Nil

Cubic meters

Diamond Industries Ltd.

Plot # 2, Gadoon Amazai, Industrial Estate, Didt. Sawabi, Khyber Pakhtunkhua

Management

Banker

Mr. Waqar A. Shaffi(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Shariq Iftikhar(Chief Executive)

Silk Bank Ltd.

Mr. Muhammad Sameer(Director)

Habib Metropolitan Bank Limted

Mr. Abdul Shakoor(Director)

Askari Commercial Bank Ltd.

Mr. Zahoor Ahmed(Director)

Standard Chartered Bank Ltd,

Auditor
M/s. M.A.Tabussum & Co.

Mr. Sohail Malik(Director)

Mr. Hashim Aslam Butt(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

50.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

72.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

50.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

61.35

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Foams production

M. Tons

12,000

Nil

PVA production

M. Tons

1,560

Nil

658

Dreamworld Ltd.
Dreamworld Tower, 65-A.M., Streachen Road, Opp. Arts Council, Behind Sindh Assembly, Karachi.

Management

Banker

Mr. Tariq Hilal(Chairman)

MCB Bank Ltd.

Mr. Irfan Hilal Ahmed(Chief Executive)

The Royal Bank of Scotland Ltd.

Mrs. Nida Irfan(Director)

Citibank N.A.

Mr. Zafar Uddin Siddiqui(Director)

Bank Al-Falah Ltd.

Mrs. Sadia Imran(Director)

United Bank Ltd.

Mrs. Sara Amir(Director)

Standard Chartered Bank

Auditor
M/s M. Sikandar & Company

Mrs. Tooba Tariq(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

336.00

Highest Price in

2009

Rs.

336.00

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

175.00

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

255.50

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Rest and resort facility

Eco Pack Ltd.( Plastobag Ltd.)

Suit-206, 2nd Floor, The Plaza, Kekhshan Clifton, Block-9, Karachi.

Management

Banker

Mr. Hussain Jamil(Chairman/C.E.)

Askari Bank Ltd.

Mr. Ahsan Jamil(Director)

Allied Bank Ltd.

Syed Sohail Raza Zaidi(Director)

Habib Bank Ltd.

Mr. Shahid Jamil(Director)

JS Bank Ltd.

Mrs. Deborah Jamil(Director)

The Royal Bank of Scottland Ltd.

Auditor
M/s. Rahman Sarfaraz Rahim Iqbal Rafiq Co.

Mrs. Ayesha Khan(Director)

Mr. Asad Ali Sheikh(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.09

Percentage Dividend rate :

Highest Price in

2009

Rs.

10.79

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.60

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Actual Production

Injections

No. (in thousands)

415733

270839

Blowing

No. (in thousands)

304200

203237

659

Emco Industries Ltd.

119/E-I, Hali Road, Gulberg-III, Lahore.

Management

Banker

Auditor

Mr. S. A. Mannan(Chairman)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Tariq Rehman(Chief Executive)

Habib Bank Ltd.

Mr. Shafiq A. Siddiqui(Director)

National Bank of Pakistan

Mr. Haris Noorani(Director)

RBS Bank Ltd.

Mr. Javaid Shafiq(Director)

Faysal Bank Ltd.

Mr. Suhail Mannan(Director)

Bank Of Punjab

M/S A. F. Ferguson & Co.

Mr. Tahir Rehman(Director)

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.42

Percentage Dividend rate :

Highest Price in

2009

Rs.

16.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

3.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.85

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

5,000

4,567

S. Meters

2,466,000

2,405,919

S. Meters

900,000

683,478

Insulators produced

M. Tons

Wall tiles produced

Floor tiles produced

Fateh Industries Ltd.

Fateh Industries Ltd.,Mirpurkhas Road, Hyderabad.

Management
Mr. Saeed Alam(Chairman / C.E.O.)

Banker

Auditor

United Bank Ltd.

M/s. Tanwir Arif & Co.

Mr. Aftab Alam(Director)

Mr. Mohammad Mohsin(Director)
Mr. Mohammad Naveed(Director)
Mr. Rauf Alam(Director)
Mr. Faraz Alam(Director)
Mrs. Najma Roshan(Director)
Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

Ordinary Shares (%)

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Leather and footware

660

Actual Production

Frontier Ceramics Ltd.

29, Industrial Estate, Jamrud Road, Peshawar.

Management

Banker

Mr. Omer Khalid(Chairman / C.E.O.)

Bank Al-Habib Ltd.

Mr. Raja Ghazanfar(Director)

National Bank Of Pakistan

Ms. Shazia Khalid(Director)

United Bank Ltd.

Auditor
M/s. Amir Alam & Co.

Ms. Farhat(Director)
Ms. Sana Khalid(Director)
Mrs. Pervez Aslam(Director)
Mr. Zia Khalid(Director)
Date of Annual General Meeting

22nd June

Year Ending :

30th June

Face Value

Rs.

10.00

Market Price as on 30/06/2009

Rs.

3.36

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.99

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.60

Preference Shares(%)

Investment Yield%

Production Desc

, 2010
, 2009

Units

Sanitaryware

Tons

Tiles

Sq. Meters

Capacity

Actual Production

3,000

2,700,000

1,095,000

Gammon Pakistan Ltd.

Gammon House, 400/2, Peshawar Road, Rawalpindi.

Management

Banker

Syed Wajid Hussain Bukhari(Chairman)

Auditor

Allied Bank Of Pakistan Ltd.

M/s. Hameed Chaudhri & Co.

Lt. Gen. (Retd.) Ali Kuli Khan Khattak(Chief Exec Askari Commercial Bank Ltd.
Mr. Ahmed Kuli Khan Khattak(Director)

Silk Bank Ltd.

Mr. Raza Kuli Khan Khattak(Director)

Bank Al-Falah Ltd.

Mr. Mushtaq Ahmed Khan-FCA(Director)

National Bank Of Pakistan

Mr. A. Karim Khan(Director)

The Bank Of Punjab

Mr. Amjad Hussain Malik(Director)

United Bank Limited

Date of Annual General Meeting

25th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

4.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.25

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

5.98

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Construction work

661

Actual Production

Ghani Glass Ltd.

50-L, Model Town, Lahore.

Management

Banker

Mr. Shahid Khan(Director)

Albaraka Islamic Bank

Mr. Aitzaz Ahmed Khan(Chairman)

Allied Bank Of Pakistan Ltd.

Mr. Imtiaz Ahmed Khan(Chief Executive)

Habib Bank Ltd.

Hafiz Avais Ghani(Director)

National Bank Of Pakistan

Mr. Aftab Ahmed Khan(Director)

Dawood Islamic Bank Ltd.

Mr. Anwaar Ahmed Khan(Director)

Soneri Bank Ltd.

Mr. Faysal Essam T. Hamza(Director)

Bank Al-Falah Ltd.

Auditor
KPMG Taseer Hadi & Co.

Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

57.00

Highest Price in

2009

Rs.

111.74

, 2009

Percentage Dividend rate :

10.00

Ordinary Shares (%)

30

Lowest Price in

2009

Rs.

16.28

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

48.10

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Float glass

Metric tons

127,750

106,089

Hollow glass

Metric tons

133,315

98,077

Ghani Value Glass Limited

50/L, Model Town, Lahore

Management

Banker

Mr. Imtiaz Ahmad Khan(Chairman)

Allied Bank Of Pakistan

Mr. Anwaar Ahmad Khan(Chief Executive)

Habib Metorpolitan Bank Ltd.

Mr. Aftab Ahmad Khan(Director)

United Bank Ltd.

Auditor
M/s. Hameed Chaudhri & Co.

Mr. Junaid Ghani(Director)

Mr. Obaid Ghani(Director)
Mrs. Ayesha Aftab(Director)
Mrs. Reema Anwaar(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

17.00

Highest Price in

2009

Rs.

73.00

Lowest Price in

2009

Rs.

16.28

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

25.24

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Mirror Glass

Units

Capacity

Actual Production

Sq. Meter

2,592,000

886,272

662

Gillette Pakistan Ltd.

5th Floor, Bahria Complex-1, 24,M.T.Khan Road, Karachi

Management

Banker

Mr. Al Abdulmalek Rijwani(Chairman)

Auditor

Citibank N.A.

M.Yousuf Adil Saleem & Co,

Mr. Saad Amanullah Khan(Director)

Mr. Sami Ahmed(Director)
Mr. Faisal Sabzwari(Director)
Mr. Vincent Philippe Litrico(Director)
Muhammad Noor-e-Arshi Khan(Director)
Mr. Salim Adaya(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

51.60

Percentage Dividend rate :

Highest Price in

2009

Rs.

147.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

49.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

82.95

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Presonal care products

Goodluck Industries Ltd.

S-49/A, S.I.T.E, Mangopir Road, Karachi.

Management

Banker

Haji Hasham Haji Kassam(Chief Executive)

MCB Bank Ltd.

Haji Moosa haji Kassam(Director)

Habib Metropolitan Bank Limted

Mr. Ashfaq Haji Hasham(Director)

United Bank Ltd.

Mr. Mohammad Abbas Memon(Director)

Bank Al-Falah Ltd.

Mr. Mohammed Bachal Memon(Director)

Bank Al Habib Ltd.

Auditor
M/s. Muniff Ziauddin & Co.

Mr. Salim Rehmatullah Dada(Director)

Mr. Shams-ul-Haque(Director)
Date of Annual General Meeting

23rd October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

256.00

Highest Price in

2009

Rs.

Lowest Price in

2009

Rs.

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Storage of food crops

20

Units
M. Tons

663

Capacity

Actual Production

92,700

17,710

Grays Of Cambridge (Pakistan) Ltd.

Small Industries Estate, Sialkot - 4.

Management

Banker

Mr. Neil Douglas James Gray(Chairman)

MCB Bank Ltd.

Mr. Khawar Anwar Khawaja(Chief Executive)

National Bank of Pakistan.

Mr. Khurram Anwar Khawaja(Director)

Crescent Commercial Bank Ltd.

Auditor
M/s. M.A. Tabbusum & Co.

Mr. Muhammad Tahir Butt(Director)

Mr. Nicholas John Gray(Director)
Mr. Paul Douglas Gray(Director)
Mr. Sarfraz Mahmood(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

58.00

Highest Price in

2009

Rs.

215.00

, 2009

Percentage Dividend rate :

10.00

Ordinary Shares (%)

25

Lowest Price in

2009

Rs.

52.96

Ordinary Shares Bonus (%)

350

Average Price in

2009

Rs.

119.13

Preference Shares(%)

Investment Yield%

Production Desc

Units

Sports goods

31

Capacity

Actual Production

Indeterminable

Indeterminable

Hashimi Can Company Ltd.

B/24, Sindh Industrial Trading Estate, Textile Avenue, Karachi.

Management

Banker

Mr. Munawar A. Malik(Chairman / C.E.O.)

Allied Bank Of Pakistan Ltd.

Mr. Zaheer A. Malik(Managing Director)

National Bank Of Pakistan

Mr. Asif Ali Mufti(Director)

United Bank Ltd.

Mr. Naseer Ali Malik(Director)

Bank Al-Falah Ltd.

Auditor
M/S Rao & Co.

Mr. M. Imran Rafiq (NIT)(Director)

Mrs. Humera Malik(Director)
Mrs. Musarrat Bano Malik(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

9.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

6.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

7.50

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Indeterminable

664

Actual Production

Haydari Construction Company Ltd.

Mezannine Floor, U. B. L. Building, Opp: Police Head Office, I.I.Chundrigar Road, Karachi-74000.

Management

Banker

Mr. S. M. Vakil(Chairman)

MCB Bank Ltd.

Mr. Ali Asghar Rajani(Chief Executive)

National Bank Of Pakistan

Mr. Abdur Razzak(Director)

United Bank Ltd.

Auditor
M/s. Hyder Bhimji & Co.

Mr. S. Qamar Ali Shah(Director)

Mr. Sohail Ahmed Qureshi(Director)
Mr. Faiz A. Subzwari(Director)
Mr. Mumtaz Ali(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

.45

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.22

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

.74

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

5.00

Actual Production

Construction works

IBL HealthCare Ltd.

9th Floor, NIC Building, Abbasi Shaheed Road, Karachi.

Management

Banker

Auditor

Mr. Rashid Abdulla(Chairman/C.E.)

Silk Bank Ltd.

M/s. Baker Tilly Mehmood Idrees Qamar & Co.

Mr. Khalid Malik(Director)

National Bank of Pakistan

Syed Nadeem Ahmed(Director)

Standard Chartered Bank (Pakistan) Ltd.

Mr. Munis Abdulla(Director)

Habib Bank Ltd.

Mr. Zubair Palwala(Director)

The Royal Bank of Scotland

Mr. Asad Abdulla(Director)

Mr. Ayaz Abdulla(Director)
Date of Annual General Meeting

15th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.63

Percentage Dividend rate :

Highest Price in

2009

Rs.

37.92

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.27

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

20.60

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

665

Actual Production

Indus Fruit Products Ltd.

65-K.M. Main Multan Road, Jamber Kalan, Tehsil Chunian, Dist. Kasur

Management

Banker

Mr. Ahmad Masood(Chairman)

MCB Bank Ltd.

Mr. Shabbir Ghani(Chief Executive)

United Bank Ltd.

Mr. M. Abul Hassan Asim(Director)

Saudi Pak Commercial Bank Ltd.

Auditor
M/s. Kamran & Co.

Mr. Ghulam Farid(Director)

Mr. Sohail Masud(Director)
Mr. Mohammad Saleem(Director)
Mr. Muhammad Khalid(Director)
Date of Annual General Meeting

30th November , 2008

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2008

Rs.

2.01

Percentage Dividend rate :

Highest Price in

2008

Rs.

4.45

Ordinary Shares (%)

Lowest Price in

2008

Rs.

1.80

Ordinary Shares Bonus (%)

Average Price in

2008

Rs.

3.38

Preference Shares(%)

Investment Yield%

Production Desc

, 2008

Units

Capacity

Actual Production

13,645

197

Packs/hours

7,500

20,705

bottles/hours

10,000

240

Crushing of different fruits

M.Tons

Tetra Pak Juices

Pet bottle juice

Ismail Industries Ltd.

17, Banglore Town, Main Shahrah-e-Faisal, Karachi.

Management

Banker

Mr. Muhammad M. Ismail(Chairman)

Bank Al-Habib Ltd.

Mr. Miftah Ismail(Chief Executive)

Citibank N.A.

Mr. Maqsood Ismail(Director)

Allied Bank Ltd.

Mr. Munsarim Saif(Director)

Habib Bank Ltd.

Mrs. Anisa Naviwala(Director)

Habib Metropolitan Bank Limited

Mrs. Nafisa Yousuf Palla(Director)

Bank Al-Falah Ltd.

Mrs. Rashida Iqbal(Director)

Standard Chartered Bank

Auditor
M/S Anjum Asim Shahid Rehman

Date of Annual General Meeting

19th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

61.45

Highest Price in

2009

Rs.

67.25

Lowest Price in

2009

Rs.

39.94

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

53.58

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

15

Units

Capacity

Actual Production

Food processing

M. Tons

51,750

40,351

Plastic film

M. Tons

5,000

4,874

666

Karam Ceramics Ltd.

BC-6, Block-5, Scheme No.5, Kehkashan, Clifton, Karachi

Management

Banker

Mr. Shaban Ali G. Kassim(Chairman)

Habib Bank Ltd.

Mr. Munawar Ali S. Kassim(Chief Executive)

MCB Bank Ltd.

Mr. Irshad Ali S. Kassim(Vice Chairman)

National Bank Of Pakistan

Mr. Shahnawaz Madhani(Director)

Soneri Bank Ltd.

Ms. Shaheen Ali(Director)

Habib Metropolitan Bank Limted

Auditor
M/s. Qavi & Co.

Ms. Sakin Noorullah(Director)

Mrs. Mariam Shaban Ali(Director)
Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

28.98

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

20.99

Preference Shares(%)

Investment Yield%

Production Desc
Tiles

, 2009

Units

Capacity

Actual Production

Sq. Meters

3,100,000

2,909,758

Leather Up Ltd.
Plot # 23/C, 15th Comm. Street, Phase II Ext., Defence Housing Authority, Karachi.

Management

Banker

Mr. S. Khalid H. Shah(Chairman / C.E.O.)

Faysal Bank Ltd.

Mr. S. Nazeer H. Shah(Director)

MCB Bank Ltd.

Mr. Gulnaz K. Shah(Director)

My Bank Ltd.

Mr. Majid M. Fazir(Director)

United Bank Ltd.

Auditor
M/s. Rahman Sarfaraz Rahim Iqbal Rafiq

Mr. Reza Ali Shah(Director)

Ms. Rashida A. Shah(Director)
Mr. Shahjahan Shah(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.85

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.30

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2.20

Preference Shares(%)

Investment Yield%

Production Desc
Different leather finished products

, 2009

Units
Numbers

667

Capacity

Actual Production

49,466

5,221

MACPAC Films Ltd.

F/2, A-F, S.I.T.E, Karachi.

Management

Banker

Mr. Maqbool Elahi(Chief Executive)

Faysal Bank Ltd.

Mr. Muhammad Sadiq Khan(Chairman)

Habib Bank Ltd.

Mr. Naeem Ali Mohammad(Director)

Bank Al Falah Ltd.

Mrs. Rukhsana Maqbool(Director)

Emirates Globale Islamic Bank

Mr. Shariq Maqbool Elahi(Director)

MCB Bank Ltd.

Miss Sana Nauman(Director)

NIB Bank Ltd.

Auditor
M/s. Avais Hyder Liaquat Nauman

Air Marshal (R) Azim Daudpota(Director)

Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.63

Percentage Dividend rate :

Highest Price in

2009

Rs.

6.35

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.51

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

3.19

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Actual Production

BOPP

Units
M.Tons

18,000

2,358

CPP

M.Tons

Mandviwala Mauser Plastic Industries Ltd.

Mandviwala Building, Old Queens Rood, Karachi-74000.

Management

Banker

Auditor

Mr. Ali H. Mandviwalla(Chairman / C.E.O.)

Bank Alfalah Ltd.

M/s. Jalis Ahmed & Co.

Mr. Masih ul Hassan(Director)

Habib Bank Ltd.

Mr. Azeem H. Mandviwalla(Director)

Industrial Development Bank Of Pakistan

Mr. Kalbe Abbas Dharmasey(Director)

MCB Bank Ltd.

Mr. Mohammad Anwar (SAPICO))(Director)

Saudi Pak Ind. & Agr. Inv. Co. (Pvt.) Ltd.

Mr. Nadeem H. Mandviwalla(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Rahmat Karim Fazli(Director)

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.70

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.10

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.30

Preference Shares(%)

Investment Yield%

Production Desc
Plastic products

, 2009

Units
M.Tons

668

Capacity

Actual Production

4,275

1,306

Mitchell's Fruit Farms Ltd.

39-A, D-1, Gulberg-III, Lahore.

Management

Banker

Mr. S. M .Mohsin(Advisor)

RBS Bank Ltd.

Mr. Mehdi Mohsin(Chairman)

Askari Bank Ltd.

Mr. Mujeeb Rashid(Chief Executive)

Citibank N.A.

Syed Faisal Imam(Director)

MCB Bank Ltd.

Mr. Moaz Mohiuddin(Director)

Allied Bank Ltd.

Mst.Umme Kulsum Imam(Director)

Habib Bank Ltd.

Mr. Jamil Nasim (NIT)(Director)

Natioanl Bank of Paksitan

Auditor
M/s. A. F. Ferguson & Co.

Date of Annual General Meeting

29th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th September, 2009

Market Price as on 30/09/2009

Rs.

74.59

Highest Price in

2009

Rs.

87.02

Percentage Dividend rate :

Ordinary Shares (%)

Lowest Price in

2009

Rs.

45.13

Ordinary Shares Bonus (%)

20

Average Price in

2009

Rs.

66.08

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Groceries

Dozens

Indeterminable

1,381,357

Confectionery

M. Tons

Indeterminable

5,003

Mubarak Dairies Ltd.

Awan House, 23-Jail Road, Lahore.

Management

Banker

Auditor

Mr. Khalid Suraj Bajwa(Chairman / C.E.O.)

Zari Taragiati Bank Ltd.

M/s Ather & Co.

Mr. Naeem Ahmed Bajwa(Director)

RBS Bank Ltd.

Mr. Zahid Mehmood Bajwa(Director)

Common Wealth Development Corp. (U.K.)

Mr. Tahir Mehmood Bajwa(Director)

Mr. Hassan Khalid Bajwa(Director)
Mr. Waseem Anwar Khan(Director)
Mr. Hameed Ali Qureshi(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

1.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

1.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.45

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Dairy products

669

Actual Production

Murree Brewery Company Ltd.

National Park Road,Rawalpindi.

Management

Banker

Auditor

Mr. Khurram Muzaffar(Chairman)

Askari Bank Ltd.

KPMG Taseer Hadi & Co.

Mr.Isphandyar M. Bhandara(Chief Executive)

Bank Alfalah Ltd.

Lt. Gen. (R) Zarrar Azim(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Ch. Moeen Afzal(Director)

National Bank Of Pakistan

Mr. Usman Khalid Waheed(Director)

Bank of Khyber

Mr. Aamir H. Shirazi(Director)

Allied Bank Ltd.

Mr.Goshi M. Bhandara(Director)
Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

75.89

Highest Price in

2009

Rs.

166.32

, 2009

Percentage Dividend rate :

10.00

Ordinary Shares (%)

50

Lowest Price in

2009

Rs.

57.10

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

99.80

Preference Shares(%)

Investment Yield%

Production Desc

Units

Beer and Malt

Th. Liters

Food products

Cartons

Alcohol

Th. Liters

Capacity

Actual Production

5,450

8,224

375,000

113,984

2,000

1,971

National Foods Ltd.

12/CL-6, Claremont Road, Civil Lines, Karachi-75530

Management

Banker

Mr. Adbul Majeed(Chairman)

The Royal Bank of Scotland

Mr. Abrar Hasan(M.D. / C.E.O.)

Bank Al-Habib Ltd.

Mr. Khwaja Munir Mashooqullah(Director)

United Bank Ltd.

Mr. Waqar Hasan(Director)

MCB Bank Ltd.

Mr. Zahid Majeed(Director)

Bank Al Falah Ltd.

Mr. Ebrahim Qasim(Director)

Braclays Bank Ltd.

Mr. Iqbal Alimohammed(Director)

Meezan Bank Ltd.

Auditor
M/s. A.F.Ferguson & Co.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

73.21

Percentage Dividend rate :

Highest Price in

2009

Rs.

435.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

47.10

Average Price in

2009

Rs.

169.08

Ordinary Shares Bonus (%)

, 2009

25

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Spices

M. Tons

6,265

6,108

Pickles

M. Tons

7,644

5,525

Pastes

M. Tons

13,923

6,107

670

Nestle Pakistan Ltd.

308 Upper Mall, Lahore.

Management

Banker

Syed Yawar Ali(Chairman)

Citibank N.A.

Mr. Jan J. Donald(Managing Director)

Deutsche Bank A.G.

Mr. Fritz van Dijk(Director)

Habib Bank Ltd.

Mr. Raymond Franke(Director)

MCB Bank Ltd.

Mr. Alexandre Cantacuzene(Director)

Standard Chartered Bank

Syed Babar Ali(Director)

United Bank Ltd.

Syed Hyder Ali(Director)

National Bank of Pakistan.

Date of Annual General Meeting

25th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

Auditor
KPMG Taseer Hadi & Co.

600

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

1,245.96

Highest Price in

2009

Rs.

1,323.00

Lowest Price in

2009

Rs.

798.45

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1,060.00

Preference Shares(%)

Investment Yield%

Production Desc

Units

Capacity

Actual Production

Liquid dairy products

Th. Liters

967,849

640,955

Non-liquid dairy products

Th. Kgs

158,602

68,059

Noon Pakistan Ltd.

1st Floor, Alfalah Building, Shahrah -e- Quqid -e- Azam, Lahore.

Management

Banker

Mr. Manzoor Hayat Noon(Chairman / C.E.O.)

M/s Hameed Chaudhri & Co.

Mr. K. Iqbal Talib(Director)

Allied Bank Ltd.

Mr. Zaheer Ahmed Khan(Director)

United Bank Ltd.

Mr. Javed Ali Khan(Director)

National Bank of Pakistan.

Mr. Safdar M. Hayat Qureshi(Director)

Askari Bank Ltd.

Mr. Adnann Hayat Noon(Director)

Bank Al-Falah Ltd.

Mr. Salman Hayat Noon(Director)

RBS Bank Ltd.

Auditor

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

50.88

Percentage Dividend rate :

Highest Price in

2009

Rs.

156.19

Ordinary Shares (%)

Lowest Price in

2009

Rs.

38.98

Average Price in

2009

Rs.

56.00

Ordinary Shares Bonus (%)

, 2009

10

Preference Shares(%)

Production Desc

Investment Yield%

Units

Capacity

Actual Production

Milk Powder and Butter

M. Tons

44,416

17,162

Cheese

M. Tons

3,275

2,801

Pasteuised Milk

Thousand Liters

5,840

1,807

671

Pace (Pakistan) Ltd.

103-C/11, Gulberg III, Lahore

Management

Banker

Auditor

S. Sulieman Ahmed Said Al-Hoqani(Chairman)

Allied Bank Ltd.

M/s. A. F. Fergusan & Co.

Mr. Salman Taseer(Chief Executive)

Arif Habib Bank Ltd.

Ms. Aamna Taseer(Director)

Bank Al-Falah Ltd.

Mr. Shahbaz Ali Taseer(Director)

Habib Bank Ltd.

Mr. Abid Raza(Director)

Bank Al Habib Ltd.

Mr. Jamal Said Al-Ojaili(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Mohammad Ali Athar(Director)

Faysal Bank Ltd.

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

5.58

Percentage Dividend rate :

Highest Price in

2009

Rs.

28.06

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.57

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

14.70

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

To build and carryout commercial

activities of tangible and intangible
goods.

Pak Leather Crafts Ltd.

Plot -15 Sector 7-A, Korangi Industrial Area, Karachi.

Management

Banker

Auditor

Mr. Muhammad Saleem Ahmed(Chairman & C.E Albaraka Islamic Bank

M/s. S.M. Rehan & Co.

Dr. Mohammad Shoaib Ahmed(Director)

Habib Metropolitan Bank Ltd.

Mr. Umer Ahmed(Director)

Soneri Bank Limited

Mr. Azeem Ahmed(Director)

Habib Bank Ltd.

Mr. Bilal Ahmed(Director)

Industrial Development Bank Of Pakistan

Mr. Tariq Mustafa Khan(Director)

United Bank Ltd.

Mr. Nayyer Ahmed Jalali(Director)

NIB Bank Ltd.

Date of Annual General Meeting

28th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

13.50

Percentage Dividend rate :

Highest Price in

2009

Rs.

20.58

Ordinary Shares (%)

Lowest Price in

2009

Rs.

13.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

15.24

Preference Shares(%)

Investment Yield%

Production Desc
Leather jackets

, 2009

Units
Numbers

672

Capacity

Actual Production

Indeterminable

120,000

Pakistan Hotels Developers Ltd.

Regent Plaza Hotel, 7th Floor, 195/2, Shahrah-e-Faisal, Karachi

Management

Banker

Mr. S. Ferozuddin Baweja(Chairman / C.E.O.)

Bank Al-Habib Ltd.

Mr. Muzaffar F. Baweja(Managing Director)

Natioanl Bank of Paksitan

Mr. Mansoor F. Baweja(Director)

MCB Bank Ltd.

Mrs. Lubna Muzaffar(Director)

Saudi Pak Commercial Bank Ltd.

Mrs. Muniza Zubair(Director)

My Bank Ltd.

Mst. Shahida Begum(Director)

Braclays Bank Ltd.

Mr. Zubair F. Baweja(Director)

Faysal Bank Ltd.

Auditor
M/s Haider Shamsi & Co.

Date of Annual General Meeting

30th September, 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

27.27

Percentage Dividend rate :

Highest Price in

2009

Rs.

85.70

Ordinary Shares (%)

Lowest Price in

2009

Rs.

24.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

45.46

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

No. of rooms

Capacity

Actual Production

413

110

Number

Pakistan Services Ltd.

3rd Floor, Saudi Pak Tower, 61/A, Jinnah Avenue, Islamabad.

Management

Banker

Mr. Sadruddin Hashwani(Chairman)

Silk Bank Ltd.

Mr. Murtaza Hashwani(Chief Executive)

Habib Bank Ltd.

Ms. Sarah Hashwani(Director)

Allied Bank Ltd.

Mr. Vazir Ali F. Mohammad(Director)

National Bank Of Pakistan

Syed Sajid Ali(Director)

NIB Bank Ltd.

Ms. Shazia Hashwani(Director)

KASB Bank Ltd.

Mr. Shiraz Noordin(Director)

Mybank Ltd

Auditor
M/s. Taseer Hadi & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

113.05

Percentage Dividend rate :

Highest Price in

2009

Rs.

530.00

Ordinary Shares (%)

Lowest Price in

2009

Rs.

113.05

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

295.19

Preference Shares(%)

Investment Yield%

Production Desc
Rooms for guests

, 2009

Units
No. of rooms

673

Capacity

Actual Production

1,300 available

246 utilized

Quice Food Industries Ltd.

Plot No.15 Phase III, Hattar Industrial Estate, Kyber Pakhtunkhua

Management

Banker

Mr. Muhammad Arif(Chief Executive)

Meezan Bank Ltd.

Mr. Sardar Iftikhar(Director)

United Bank Ltd.

Auditor
M/s. Ibrahim, Shaikh & Co.

Mr. Jawed Yamin(Director)

Mr. Siraj Khan(Director)
Mr. Munawwar Bhatti(Director)
Mr. Muhammad Riaz(Director)
Mr. Akhtar Rasool(Director)
Date of Annual General Meeting

18th January , 2010

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

1.55

Percentage Dividend rate :

Highest Price in

2009

Rs.

3.65

Ordinary Shares (%)

Lowest Price in

2009

Rs.

.80

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1.60

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Capacity

Actual Production

Syrup of different foods

Units
Dozen bottles (680 ml)

120,000

3,942

HHP

Dozen bottles (450 gm

56,000

Rafhan Maize Products Co. Ltd.

Finlay House, 1st Floor, I. I. Chundrigar Road, Karachi.

Management

Banker

Auditor

Mr. John F. Saucier(Chairman)

Citibank N.A.

KPMG Taseer Hadi & Co.

Mr. Rashid Ali(Vice Chairman)

Habib Bank Limited

Mr. Ansar Yahya(Chief Executive)

Meezan Bank Ltd.

Mian Wisal Ahmed Mannoo(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mian Zulfikar Mannoo(Director)

MCB Bank Ltd.

Mian Mohammad Adil Mannoo(Director)

National Bank Of Pakistan

Mr. Cheryl K. Beebe(Director)

Date of Annual General Meeting

29th March

Year Ending :

31st December , 2009

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

1,485.00

Highest Price in

2009

Rs.

2,262.35

Lowest Price in

2009

Rs.

1,286.87

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1,774.61

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Grinding of foods

900

Units
M.Tons

674

15

Capacity

Actual Production

456,050

399,723

Service Industries Ltd.

Service House,2-Main Gulberg, Lahore-54662.

Management

Banker

Mr. Arif Saeed(Chairman)

Braclays PLC, Pakistan

Mr. Shahid Hussain(Chief Executive)

Faysal Bank Ltd.

Mr. Hassan Javed(Director)

Habib Bank Ltd.

Mr. M. Ijaz Butt(Director)

MCB Bank Ltd.

Mr. Mohammad Akram(Director)

The Royal Bank of Scottland Ltd.

Mr. Riaz Ahmed(Director)

Allied Bank Limited

Mr. Shahid H. Kardar(Director)

United Bank Ltd.

Date of Annual General Meeting

29th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

Auditor
M/S S.M. Masood & Co.

200

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

265.99

Highest Price in

2009

Rs.

315.43

Lowest Price in

2009

Rs.

47.51

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

140.20

Preference Shares(%)

Investment Yield%

Production Desc

14

Units

Capacity

Actual Production

Tyres

Nos.

8,514,630

4,800,013

Tubes

Nos.

15,153,504

12,628,337

Shabbir Tiles And Ceramics Ltd.

15th Milestone, National Highway, Landhi, Karachi

Management

Banker

Mr. Rafiq M. Habib(Chairman)

RBS Bank Ltd.

Mr. Alireza M. Alladin(Chief Executive)

Bank Al-Habib Ltd.

Mr. Abdul Hai M. Bhaimia(Director)

Habib Metropolitan Bank Limted

Mr. Ali S. Habib(Director)

Habib Bank Ltd.

Mr. Karsi D. Kapadia(Director)

Natioanl Bank of Paksitan

Auditor
M/S Ford Rhodes Sidat Hyder & Co.

Mr. Mansoor G. Habib(Director)

Mr. Nazim F. Haji (NIT)(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

5.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

14.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

37.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

12.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

22.30

Preference Shares(%)

Investment Yield%

Production Desc
Sanitaryware Tiles

, 2009

Units
Million Sq. Meters

675

Capacity

Actual Production

12.76

7.72

Shakarganj Food Ltd. (Al-Jadeed Textile Mills Ltd.)

Bank of Punjab Tower, 10-B, Block-E/2, Gulberg-III, Lahore.

Management

Banker

Mr. Asif Ali(Chairman / C.E.O.)

MCB Bank Ltd

Mr. Faraz Ahmed(Director)

Habib Bank Ltd.

Auditor
M/S Jalis Ahmed & Co.

Mr. Javed Akhter Mangoria(Director)

Mr. Shahzada Ahsan Ali(Director)
Mr. Sadaqat Hussain(Director)
Mr. Khalid Hussain(Director)
Mr. Ali Haider Jafri(Director)
Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

2.31

Percentage Dividend rate :

Highest Price in

2009

Rs.

14.15

Ordinary Shares (%)

Lowest Price in

2009

Rs.

2.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

6.05

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

10.00

Actual Production

Food items

Shezan International Ltd.

56-Bund Road, Lahore-54500

Management

Banker

Mr. Muneer Nawaz(Chairman)

Bank Al-Habib Ltd.

Mr. Saifi Chaudhry(Chief Executive)

Habib Bank Ltd.

Mr. C. M. Khalid(Director)

The Bank of Khyber

Mr. M. Naeem(Director)

United Bank Ltd.

Mr. Mahmood Nawaz(Director)

MCB Bank Ltd.

Mr. Muhammad Asif (NIT)(Director)

National Bank of Pakistan.

Auditor
M/s. Ford Rhodes Sidat Hyder & Co.

Mr. Shamshad Ahmead (NIT)(Director)

Date of Annual General Meeting

29th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

116.00

Highest Price in

2009

Rs.

355.00

Lowest Price in

2009

Rs.

103.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

198.52

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc

60

Units

Capacity

Actual Production

Juice-Bottling plant

Thousand Crates

5,925

4,430

Juice-Tetra Pak plant

Thousand Dozens

19,275

16,140

Sqashes and syrups plant

Thousand Dozens

590

220

676

Shield Corporation Ltd.(Transpak Corp.)

509, Business Avenue, Block 6, P.E.CH.S, Shahrah-e-Faisal, Karachi

Management

Banker

Mr. Ebrahim Qassim(Chairman)

Habib Metropolitan Bank Limted

Mr. M. Haroon Qasim(Managing Director)

Meezan Bank Ltd.

Auditor
M/s. Moochhala Gangat & Co.

Mr. Zamiruddin Ahmed(Director)

Ms. Saadia Butt Naveed(Director)
Mr. Vali Muhammad A. Habib(Director)
Mr. Muhammad Jamil Qassim(Director)
Mr. Muhammad Salman Qassim(Director)
Date of Annual General Meeting

24th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

59.90

Highest Price in

2009

Rs.

138.00

Lowest Price in

2009

Rs.

54.45

Average Price in

2009

Rs.

72.87

, 2009

Percentage Dividend rate :

Ordinary Shares (%)
Ordinary Shares Bonus (%)

30

Preference Shares(%)

Investment Yield%

Production Desc

Units

10.00

Capacity

Actual Production

Dental care

Kilograms

184,800

102,812

Baby care

Kilograms

496,306

297,372

Shifa International Hospitals Ltd.

Sector-H-8/4, Islamabad.

Management

Banker

Dr. Zaheer Ahmad(Chairman / C.E.O.)

Askari Bank Ltd.

Dr. Abdul Razaq(Director)

MCB Bank Ltd.

Dr. Habib-Ur-Rahman(Director)

Bank Al-Habib Ltd.

Dr. Manzoor H. Qazi(Director)

Allied Bank Ltd.

Mr. Masood Aziz Syed(Director)

Meezan Bank Limited

Mrs. Salma Quraishy(Director)

Bank Al-Falah Ltd.

Auditor
M/S M. Yousaf Adil Saleem & Co.

Mr. Muhammad Zahid(Director)

Date of Annual General Meeting

31st October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

19.25

Highest Price in

2009

Rs.

26.00

Lowest Price in

2009

Rs.

13.05

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

19.53

Preference Shares(%)

Investment Yield%

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Inpatient Room

24

Units
Bed per day

677

12

Capacity

Actual Production

108,040

73,965

Siddiqsons Tin Plate

D-53, Textile Avenue, S.I.T.E, Karachi.

Management

Banker

Auditor

Mr. Abdullah Rafi(Chairman)

Allied Bank Ltd.

M/s. Yousuf Adil Saleem & Co.

Mr. Tariq Rafi(Chief Executive)

Dubai Islamic Bank Ltd.

Mr. Sanaullah Abdullah(Director)

Soneri Bank Ltd.

Mr. Ibrahim Shamsi(Director)

The Hong Kong & Shanghai Banking Corporation Ltd

Mr. S. Waliullah Shah(Director)

Habib Bank Ltd.

Mr. Jean Pierre Gugenhim(Director)

Habib Metropolitan Bank Limted

Mr. Satoru Oki(Director)

MCB Bank Ltd.

Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

8.51

Highest Price in

2009

Rs.

20.89

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

10

10.00

Lowest Price in

2009

Rs.

7.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

10.96

Preference Shares(%)

Investment Yield%

Production Desc

Units

Tin plate & other steel products

Capacity

Actual Production

120,000

36,810

M. Tons

Syed Match Company Ltd.

Rehana Road, Sarai Saleh, Distt. Haripur. NWFP.

Management

Banker

Mr.Zaheer Khan(Managing Director)

Auditor

MCB Bank Ltd.

M/S. Shahid Sami & Co.

Mr. M. Shabbier Khan(Chairmen/Director)

Mr. Shabana Waheed(Director)
Mr. M. Waheed Khan(Director)
Mr. Saleem Shehzad(Director)
Mr. Zia ullah(Director)
Mr. Zia ur Rehman(Director)
Date of Annual General Meeting

30th June

Year Ending :

31st December , 2008

Face Value

Rs.

10.00

Market Price as on 31/12/2008

Rs.

20.90

Percentage Dividend rate :

Highest Price in

2008

Rs.

19.50

Ordinary Shares (%)

Lowest Price in

2008

Rs.

18.00

Ordinary Shares Bonus (%)

Average Price in

2008

Rs.

18.94

Preference Shares(%)

Investment Yield%

Production Desc
Match production

, 2008

Units
Thousand packets

678

Capacity

Actual Production

2,000

865

Tariq Glass Industries Ltd.

128-J, Model Town, Lahore.

Management

Banker

Mr. Tariq Baig(Chairman/M.D.)

Habib Bank Ltd.

Mr. David Julian(Director)

National Bank Of Pakistan

Mr. Akbar Baig(Director)

United Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Mr. Mansoor Irfani(Director)

Mrs. Naima Tariq(Director)
Mr. Omer Baig(Director)
Syed Tufail Hussain(Director)
Date of Annual General Meeting

03rd October , 2009

Face Value

Rs.

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

6.98

Percentage Dividend rate :

Highest Price in

2009

Rs.

15.40

Ordinary Shares (%)

Lowest Price in

2009

Rs.

5.40

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

8.84

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

10.00

Capacity

Actual Production

Container

M. Tons

17,469

13,965

Tableware

M. Tons

40,727

25,647

Treet Corporation Ltd.

72 - B, Kot Lakhpat Industrial Area, Lahore.

Management

Banker

Syed Shahid Ali(Chairman & C.E.)

Askari Commercial Bank Limited

Mrs. Feriel Ali Mehdi(Chief Executive)

Bank Al-Habib Ltd.

Dr. Mrs. Niloufer Mahdi(Director)

Allied Bank Ltd.

Mr. Firasat Ali(Director)

Habib Bank Ltd.

Syed Sheharyar Ali(Director)

Bank Al-Falah Ltd.

Mr. Munir K. Bana(Director)

Braclays Bank Ltd.

Mr. Muhammad Shafique Anjum(Director)

JS Bank Ltd.

Auditor
KPMG Taseer Hadi & Co.

Date of Annual General Meeting

30th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

250.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

259.35

Ordinary Shares (%)

Lowest Price in

2009

Rs.

131.50

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

195.43

Preference Shares(%)

Investment Yield%

Production Desc
Stainless steel blades

, 2009

Units
Units in million

679

Capacity

Actual Production

900

1,261

Tri-Pack Films Ltd.

4th Floor, The Forum, Suit # 416-422, G-20, Block-9, Clifton, Khayaban-e-Jami, Karachi-75600.

Management

Banker

Syed Babar Ali(Chairman)

Askari Bank Ltd.

Mr. Shahid Hussain(Chief Executive)

Bank Al-Falah Ltd.

Mr. Tatsuo Obana(Director)

Deutsche Bank AG

Mr. Khalid Yacob(Director)

Braclays Bank Ltd.

Mr. Faisal Farid(Director)

MCB Bank Ltd.

Syed Hyder Ali(Director)

HSBC Bank Middle East Ltd.

Mr. Masaharu Domichi(Director)

The Bank Of Khyber

Date of Annual General Meeting

24th March

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

Auditor
M/S A. F. Ferguson & Co.

100

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

103.00

Highest Price in

2009

Rs.

145.25

Lowest Price in

2009

Rs.

88.51

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

108.23

Preference Shares(%)

Investment Yield%

Production Desc

Units

Biaxially Oriented Polypropylene Films

Capacity

Actual Production

34,800

31,550

M.Tons

Unilever Pakistan Foods Ltd. (Rafhan Bestfoods Ltd.)

Avari Plaza, Fatima Jinnah Road, Karachi-75530

Management

Banker

Mr. Ehsan Ali Malik(Chairman)

Habib Bank Ltd.

Ms. Fariyha Subhani(Chief Executive)

MCB Bank Ltd.

Mr. Abdul Rab(Director)

National Bank of Pakistan

Auditor
M/s A. F. Ferguson & Co.

Mian Zulfikar H. Mannoo(Director)

Mr. Kamal Mannoo(Director)
Ms. Shazia Syed(Director)
Mr. Mian Mohammad Adil Mannoo(Director)
Date of Annual General Meeting

22nd April

Year Ending :

31st December , 2009

, 2010

Face Value

Rs.

10.00

Market Price as on 31/12/2009

Rs.

1,300.00

Highest Price in

2009

Rs.

1,576.53

Lowest Price in

2009

Rs.

1,140.01

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

1,358.27

Preference Shares(%)

Investment Yield%

Percentage Dividend rate :

Ordinary Shares (%)

Production Desc
Interchangeble food products

340

Units
M. Tons

680

Capacity

Actual Production

Indeterminable

17,200

Unilever Pakistan Ltd.

Avari Plaza, Fatima Jinnah Road, Karachi

Management

Banker

Auditor

Mr. Ehsan A. Malik(Chairman / C.E.O.)

Citibank N.A.

M/S A. F. Ferguson & Co.

Mr. Imran Husain(Execuative Director)

MCB Bank Ltd.

Mr. M. Qaysar Aslam(Execuative Director)

Standard Chartered Bank ( Pakistan) Ltd.

Ms. Shazia Syed(Execuative Director)

The Hongkong & Shanghai Banking Corp. Ltd.

Mr. Amir R. Paracha(Execuative Director)

Mr. Zafar Ahmed Khan(Director)
Mr. Khalid Rafi(Director)
Date of Annual General Meeting

19th April

Year Ending :

31st December , 2009

, 2010

Percentage Dividend rate :

Ordinary Shares (%)

458

Face Value

Rs.

50.00

Market Price as on 31/12/2009

Rs.

2,300.00

Highest Price in

2009

Rs.

2,475.00

Lowest Price in

2009

Rs.

1,725.00

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

2,100.00

Preference Shares(%)

Investment Yield%

Production Desc

Units

14

Capacity

Actual Production

Food & personal care products

M.Tons

58,883

46,299

Beverages

M. Tons

58,587

34,240

Ice Cream

Million Liters

77

37

United Brands Ltd.(Udl Industries Ltd.)

1st Floor, NIC Building, Abbasi Shaheed Road, Karachi.75530

Management

Banker

Auditor

Mr. Asad Abdulla(Chairman / C.E.O.)

Meezan Bank Ltd.

M/S Mehmood Idrees Qamar & Co.

Miss Mahek Malik(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Faisal Abdulla(Director)

Habib Bank Ltd.

Mr. Ayaz Abdulla(Director)

Mr. Shuja Malik(Director)
Mr. Zubair Palwala(Director)
Syed Nadeem Ahmed(Director)
Date of Annual General Meeting

25th November , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

64.00

Percentage Dividend rate :

Highest Price in

2009

Rs.

83.90

Ordinary Shares (%)

Lowest Price in

2009

Rs.

49.57

Ordinary Shares Bonus (%)

Average Price in

2009

Rs.

68.06

Preference Shares(%)

Investment Yield%

Production Desc

, 2009

Units

Capacity

Distribution of food and personal care.

681

Actual Production

United Distributors Pakistan Ltd.

9th Floor, N.I.C.Building, Abbasi Shaheed Road, Karachi.

Management

Banker

Mr. Rashid Abdulla(Chief Executive)

Habib Bank Ltd.

Mr. Asad Abdulla(Director)

Emirtes Global Islamic Bank Ltd.

Mr. Zubair Razzak Palwala(Director)

Habib Metropolitan Bank Limted

Mr. Ayaz Abdulla(Director)

Meezan Bank Ltd.

Auditor
M/s. Mehmood Idrees Qamar & Co.

Mr. Munis Abdulla(Director)

Mr. Khalid Malik(Director)
Mr. Abdullah Ghulam Ali (NIT)(Director)
Date of Annual General Meeting

26th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

10.31

Highest Price in

2009

Rs.

26.90

, 2009

Percentage Dividend rate :

Ordinary Shares (%)

10

Lowest Price in

2009

Rs.

9.31

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

14.29

Preference Shares(%)

Investment Yield%

Production Desc
Liquit (Bottles)

14

Units

Capacity

Actual Production

Satches of different siz

2,640,000

1,130,867

Sachet (Powder)

1,320,000

418,672

Granular Plant

1,756,471

1,493,000

ZIL Ltd. (Zulfeqar Industries Ltd.)

3rd Floor, Kandawala Building, M.A.Jinnah Road, Karachi.

Management

Banker

Auditor

Mrs. Feriel Ali Mehdi(Chairman / C.E.O.)

Faysal Bank Ltd.

KPMG Taseer Hadi & Co.

Syed Maratib Ali(Director)

Habib Bank Ltd.

Syed Tariq Ali(Director)

Meezan Bank Ltd.

Mr. Khurshid Hadi(Director)

Standard Chartered Bank ( Pakistan) Ltd.

Mr. Omer Ehtisham(Director)

Natioanl Bank of Paksitan

Mr. Shahid Nazir Ahmed(Director)

Mr. Kemal Shoaib (NIT)(Director)
Date of Annual General Meeting

27th October , 2009

Face Value

Rs.

10.00

Year Ending :

30th June

Market Price as on 30/06/2009

Rs.

63.30

, 2009

Percentage Dividend rate :

Highest Price in

2009

Rs.

131.28

Ordinary Shares (%)

40

Lowest Price in

2009

Rs.

52.69

Ordinary Shares Bonus (%)

10

Average Price in

2009

Rs.

78.80

Preference Shares(%)

Production Desc
Soaps

Investment Yield%

Units
M. Tons

682

Capacity

Actual Production

10,500

8,157

APPENDICES

Appendix:1
Companies Covered in the Balance Sheet Analysis for the year 2009 (414)
Company

Page No.
Data

Company

Profile

1. Textile Sector (152)

Page No.
Data

Profile

Gulistan Textile Mills Ltd.

66

190

Gulshan Spinning Mills Ltd.

67

191

(Colony) Sarhad Textile Mills Ltd.

11

163

Hafiz Textile Mills Ltd.

68

191

(Colony) Thal Textile Mills Ltd.

12

163

Haji Mohammad Ismail Mills Ltd.

69

192

Accord Textiles Ltd.

13

164

Hajra Textile Mills Ltd.

70

192

Adil Textile Mills Ltd.

14

164

Hala Enterprises Ltd.

71

193

Ahmed Hassan Textile Mills Ltd.

15

165

Hamid Textile Mills Ltd.

72

193

Al-Azhar Textile Mills Ltd.

16

165

Hira Textile Mills Ltd.

73

194

Al-Qadir Textile Mills Ltd.

17

166

Husein Industries Ltd.

74

194

Ali Asghar Textile Mills Ltd.

18

166

I.C.C. Textiles Ltd.

75

195

Allawasaya Textile & Finishing Mills Ltd.

19

167

Ideal Spinning Mills Ltd.

76

195

Amin Spinning Mills Ltd.

20

167

Idrees Textile Mills Ltd.

77

196

Annoor Textile Mills Ltd.

21

168

Indus Dyeing & Manufacturing Co. Ltd.

78

196

Apollo Textile Mills Ltd.

22

168

International Knitwear Ltd.

79

197

Artistic Denim Mills Ltd.

23

169

Ishaq Textile Mills Ltd.

80

197

Aruj Garment Accessories Ltd.

24

169

Ishtiaq Textile Mills Ltd.

81

198

Ashfaq Textile Mills Ltd.

25

170

Island Textile Mills Ltd.

82

198

Asim Textile Mills Ltd.

26

170

J.A. Textile Mills Ltd.

83

199

Ayesha Textile Mills Ltd.

27

171

J.K. Spinning Mills Ltd.

84

199

Azam Textile Mills Ltd.

28

171

Janana De Malucho Textile Mills Ltd.

85

200

Azgard Nine Ltd.(Legler-Nafees Denim Mills Ltd.)

29

172

Jubilee Spinning & Weaving Mills Ltd.

86

200

Babri Cotton Mills Ltd.

30

172

Karim Cotton Mills Ltd.

87

201

Baig Spinning Mills Ltd.

31

173

Khalid Siraj Textile Mills Ltd.

88

201

Bhanero Textile Mills Ltd.

32

173

Khurshid Spinning Mills Ltd.

89

202

Bilal Fibres Ltd.

33

174

Khyber Textile Mills Ltd.

90

202

Blessed Textile Mills Ltd.

34

174

Kohat Textile Mills Ltd.

91

203

Brothers Textile Mills Ltd.

35

175

Kohinoor Industries Ltd.

92

203

Chakwal Spinning Mills Ltd.

36

175

Kohinoor Mills Ltd.

93

204

Chenab Ltd.

37

176

Kohinoor Spinning Mills Ltd.

94

204

Colony Mills Ltd. (Colony Textile Mills Ltd.)

38

176

Kohinoor Textile Mills Ltd.

95

205

Crescent Fibres Ltd.

39

177

Landmark Spinning Mills Ltd.

96

205

D.M. Textile Mills Ltd.

40

177

Mahmood Textile Mills Ltd.

97

206

D.S.Industries Ltd.

41

178

Maqbool Textile Mills Ltd.

98

206

Dar Es Salaam Textile Mills Ltd.

42

178

Masood Textile Mills Ltd.

99

207

Data Textiles Ltd.

43

179

Mehr Dastagir Textile Mills Ltd.

100

207

Dawood Lawrancepur Mills Ltd.

44

179

Mian Textile Industries Ltd.

101

208

Dewan Farooque Spinning Mills Ltd.

45

180

Mohammad Farooq Textile Mills Ltd.

102

208

Dewan Khalid Textile Mills Ltd.

46

180

Mubarak Textile Mills Ltd.

103

209

Dewan Mushtaq Textile Mills Ltd.

47

181

Mukhtar Textile Mills Ltd.

104

209

Dewan Textile Mills Ltd.

48

181

N.P. Spinning Mills Ltd.

105

210

Din Textile Mills Ltd.

49

182

Nadeem Textile Mills Ltd.

106

210

Elahi Cotton Mills Ltd.

50

182

Nagina Cotton Mills Ltd.

107

211

Ellcot Spinning Mills Ltd.

51

183

Nakshbandi Industries Ltd.

108

211

Faisal Spinning Mills Ltd.

52

183

Nazir Cotton Mills Ltd.

109

212

Fateh Sports Wear Ltd.

53

184

Nina Industries Ltd.

110

212

Fateh Textile Mills Ltd.

54

184

Nishat (Chunian) Ltd.

111

213

Fatima Enterprises Ltd.

55

185

Nishat Mills Ltd.

112

213

Fawad Textile Mills Ltd.

56

185

Olympia Spinning & Weaving Mills Ltd.

113

214

Fazal Cloth Mills Ltd.

57

186

Olympia Textile Mills Ltd.

114

214

Fazal Textile Mills Ltd.

58

186

Paramount Spinning Mills Ltd.

115

215

Gadoon Textile Mills Ltd.

59

187

Premium Textile Mills Ltd.

116

215

Ghazi Fabrics International Ltd.

60

187

Prosperity Weaving Mills Ltd.

117

216

Glamour Textile Mills Ltd.

61

188

Quality Textile Mills Ltd.

118

216

Globe Textile Mills (OE) Ltd.

62

188

Quetta Textile Mills Ltd.

119

217

Globe Textile Mills Ltd.

63

189

Ravi Textile Mills Ltd.

120

217

Gul Ahmed Textile Mills Ltd.

64

189

Redco Textiles Ltd.

121

218

Gulistan Spinning Mills Ltd.

65

190

Regent Textile Industries Ltd.

122

218

684

Company

Page No.

Company

Page No.

Data

Profile

Data

Profile

Reliance Cotton Spinning Mills Ltd.

123

219

Bawanyair Products Ltd.

272

307

Reliance Weaving Mills Ltd.

124

219

Berger Paints Pakistan Ltd.

273

307

Resham Textile Industries Ltd.

125

220

Biafo Industries Ltd.

274

308

Ruby Textile Mills Ltd.

126

220

Buxly Paints

275

308

Safa Textiles Ltd.

127

221

Clariant Pakistan Ltd.

276

309

Saif Textile Mills Ltd.

128

221

Colgate-Palmolive Pakistan Ltd.

277

309

Saitex Spinning Mills Ltd.

129

222

Data Agro Ltd.

278

310

Sajjad Textile Mills Ltd.

130

222

Dawood Hercules Chemicals Ltd.

279

310

Saleem Denim Industries Ltd.

131

223

Descon Chemicals Ltd. (Nimir Resins Ltd.)

280

311

Salfi Textile Mills Ltd.

132

223

Descon Oxychem Ltd.

281

311

Sally Textile Mills Ltd.

133

224

Dynea Pakistan Ltd.

282

312

Salman Noman Enterprises Ltd.

134

224

Engro Corporation Limited (Engro Cheml Pakistan Ltd.)

283

312

Samin Textiles Ltd.

135

225

Engro Polymer & Chemicals Ltd.

284

313

Sana Industries Ltd.

136

225

Fauji Fertilizer Bin Qasim Ltd.

285

313

Sapphire Fibres Ltd.

137

226

Fauji Fertilizer Company Ltd.

286

314

Sapphire Textile Mills Ltd.

138

226

Ferozsons Laboratories Ltd.

287

314

Sargodha Spinning Mills Ltd.

139

227

GlaxoSmithKline Pakistan Ltd.

288

315

Saritow Spinning Mills Ltd.

140

227

Highnoon Laboratories Ltd.

289

315

Service Fabrics Ltd.

141

228

ICI Pakistan Ltd.

290

316

Service Industries Textiles Ltd.

142

228

Ittehad Chemicals Ltd.

291

316

Shadab Textile Mills Ltd.

143

229

Leiner Pak Gelatine Ltd.

292

317

Shadman Cotton Mills Ltd.

144

229

Lotte Pakistan PTA Ltd.(Pakistan PTA Ltd.)

293

317

Shaheen Cotton Mills Ltd.

145

230

Nimir Industrial Chemicals Ltd.

294

318

Shahpur Textile Mills Ltd.

146

230

Otsuka Pakistan Ltd.

295

318

Shahtaj Textile Ltd.

147

231

Pakistan Gum & Chemicals Ltd.

296

319

Shahzad Textile Mills Ltd.

148

231

Pakistan PVC Ltd.

297

319

Shams Textile Mills Ltd.

149

232

Sanofi-Aventis Pakistan Ltd. (Aventis Pharma)

298

320

Sind Fine Textile Mills Ltd.

150

232

Sardar Chemical Industries Ltd.

299

320

Sunrays Textile Mills Ltd.

151

233

Searle Pakistan Ltd.

300

321

Suraj Cotton Mills Ltd.

152

233

Shaffi Chemical Industries Ltd

301

321

Taha Spinning Mills Ltd.

153

234

Sitara Chemical Industries Ltd.

302

322

Taj Textile Mills Ltd.

154

234

Sitara Peroxide Ltd.

303

322

Tata Textile Mills Ltd.

155

235

Wah Nobel Chemicals Ltd

304

323

The Crescent Textile Mills Ltd.

156

235

Wyeth Pakistan Ltd.

305

323

Towellers Ltd.

157

236

Usman Textile Mills Ltd.

158

236

Yousaf Weaving Mills Ltd.

159

237

Zahidjee Textile Mills Ltd.

160

237

Ados Pakistan Ltd.

328

366

Zahur Cotton Mills Ltd.

161

238

Agriauto Industries Ltd.

329

366

Zephyr Textiles Ltd.

162

238

Al-Ghazi Tractors Ltd.

330

367

Atlas Battery Ltd

331

367

Atlas Engineering Ltd. (Allwin Engineering Industries Ltd.)

332

368

Atlas Honda Ltd.

333

368

2. Other Textile Sector (15)

4. Engineering Sector (38)

Al-Abid Silk Mills Ltd.

243

258

Baluchistan Wheels Ltd.

334

369

Bannu Woollen Mills Ltd.

244

258

Bela Automotives Ltd.

335

369

Dewan Salman Fibre Ltd.

245

259

Bolan Castings Ltd.

336

370

Gatron (Industries) Ltd.

246

259

Crescent Steel & Allied Products Ltd.

337

370

Ibrahim Fibres Ltd.

247

260

Dadex Eternit Ltd.

338

371

Indus Polyester Company Ltd.

248

260

Dewan Automotive Engineering Ltd. (Allied Motors Ltd.)

339

371

Kashmir Polytex Ltd.

249

261

Dewan Farooque Motors Ltd.

340

372

Liberty Mills Ltd.

250

261

Dost Steels Ltd.

341

372

Moonlite (Pak) Ltd.

251

262

Exide Pakistan Ltd.

342

373

Noor Silk Mills Ltd.

252

262

General Tyre & Rubber Company Ltd.

343

373

Pakistan Synthetics Ltd.

253

263

Ghandhara Industries Ltd.

344

374

Rupali Polyester Ltd.

254

263

Ghandhara Nissan Ltd.

345

374

S.G. Fibres Ltd.

255

264

Ghani Automobile Industries Ltd.

346

375

The National Silk & Rayon Mills Ltd.

256

264

HinoPak Motors Ltd.

347

375

Tri-Star Polyester Ltd.

257

265

Honda Atlas Cars (Pakistan) Ltd.

348

376

Huffaz Seamless Pipe Industries Ltd.

349

376

Indus Motor Company Ltd.

350

377

International Industries Ltd.

351

377

3. Chemical Sector (36)

Abbott Lab. (Pakistan) Ltd.

270

306

Jhonson & Phillips (Pakistan) Ltd.

352

378

BOC Pakistan Ltd

271

306

KSB Pumps Company Ltd.

353

378

685

Company

Page No.
Data

Profile

Metropoliten Steel Corporation Ltd.

354

379

Millat Tractors Ltd.

355

379

Pak Elektron Ltd.

356

380

Pak Suzuki Motor Company Ltd.

357

380

Pakistan Cables Ltd.

358

Pakistan Engineering Comp. Ltd.

Company

Page No.
Data

Profile

Al-Abbas Cement Industries Ltd.

465

486

Attock Cement Pakistan Ltd.

466

486

381

Bestway Cement Ltd.

467

487

359

381

Cherat Cement Company Ltd.

468

487

Pakistan Telephone cables Ltd.

360

382

D.G Khan Cement Company Ltd.

469

488

Sazgar Engineering Works Ltd.

361

382

Dadabhoy Cement Indust.Ltd.

470

488

Siemens Pakistan Enginnering Co. Ltd.

362

383

Dandot Cement Company Ltd.

471

489

Singer Pakistan Ltd.

363

383

Dewan Cement Ltd.

472

489

The Climax Engineering Company Ltd.

364

384

Fauji Cement Company Ltd.

473

490

Transmission Engineering Industries Ltd

365

384

Fecto Cement Ltd.

474

490

Flying Cement Company Ltd.

475

491

Gharibwal Cement Ltd.

476

491

5. Sugar Sector (36)

7. Cement Sector (21)

Javedan Cement Ltd.

477

492

Abdullah Shah Ghazi Sugar Mills Ltd.(Al-Asif Sugar Mills Ltd.)

389

425

Kohat Cement Company Ltd.

478

492

Adam Sugar Mills Ltd.

390

425

Lafarge Pakistan Cement Ltd.

479

493

Al-Abbass Sugar Mills Ltd.

391

426

Lucky Cement

480

493

Al-Noor Sugar Mills Ltd.

392

426

Maple Leaf Cement Factory Ltd.

481

494

Ansari Sugar Mills Ltd.

393

427

Mustehkam Cement Ltd.

482

494

Baba Farid Sugar Mills Ltd.

394

427

Pioneer Cement Ltd.

483

495

Bawany Sugar Mills Ltd.

395

428

Thatta Cement Company Ltd.

484

495

Chashma Sugar Mills Ltd.

396

428

Zeal Pak Cement Factory Ltd.

485

496

Colony Sugar Mills Ltd.

397

429

Crescent Sugar Mills & Distillery Ltd.

398

429

Dewan Sugar Mills Ltd.

399

430

Faran Sugar Mills Ltd.

400

430

Altern Energy Ltd.

501

528

Fecto Sugar Mills Ltd.

401

431

Attock Petroleum Ltd.

502

528

Habib-ADM Ltd.

402

431

Attock Refinary Ltd.

503

529

Habib Sugar Mills Ltd.

403

432

Byco Petruleum (Bosicor Pakistan Ltd.)

504

529

Haseeb Waqas Sugar Mills Ltd.

404

432

Genertech pakistan Ltd.

505

530

Husein Sugar Mills Ltd.

405

433

Ideal Energy Ltd.

506

530

JDW Sugar Mills Ltd.

406

433

Japan Power Ger. Ltd.

507

531

Khairpur Sugar Mills Ltd.

407

434

Karachi Electric Supply Company Ltd.

508

531

Kohinoor Sugar Mills Ltd.

408

434

Kohinoor Energy Ltd.

509

532

Mehran Sugar Mills Ltd.

409

435

Kohinoor Power Company Ltd.

510

532

Mirpurkhas Sugar Mills Ltd.

410

435

Kot Addu Power Company Ltd.

511

533

Mirza Sugar Mills Ltd.

411

436

Mari Gas Co. Ltd.

512

533

Noon Sugar Mills Ltd.

412

436

National Refinery Ltd.

513

534

Pangrio Sugar Mills Ltd.

413

437

Oil & Gas Development Comp. Ltd.

514

534

Sakrand Sugar Mills Ltd.

414

437

Pakistan Oilfields Ltd.

515

535

Saleem Sugar Mills Ltd.

415

438

Pakistan Petroleum Ltd

516

535

Sanghar Sugar Mills Ltd.

416

438

Pakistan Refinery Ltd.

517

536

Shahmurad Sugar Mills Ltd.

417

439

Pakistan State Oil Co. Ltd.

518

536

Shahtaj Sugar Mills Ltd.

418

439

S.G Power Ltd.

519

537

Shakarganj Mills Ltd.

419

440

Shell Gas LPG (Pakistan) Ltd.

520

537

Sindh Abadgar's Sugar Mills Ltd.

420

440

Shell Pakistan Ltd.

521

538

Tandlianwala Sugar Mills Ltd.

421

441

Sitara Energy Ltd.

522

538

The Frontier Sugar Mills & Dist. Ltd.

422

441

Southern Electric Power Company Ltd.

523

539

The Premier Sugar Mills & Dist.Com. Ltd.

423

442

Sui Northern Gas Pipelines Ltd.

524

539

The Thal Industries Corporation Ltd.

424

442

Sui Southern Gas Company Ltd.

525

540

The Hub Power Company Ltd.

526

540

Tri-Star Power Ltd.

527

541

6. Paper and Board Sector (9)

8. Fuel and Energy Sector (27)

Balochistan Particle Board Ltd.

447

456

Central Forest Products Ltd.

448

456

9. Transport and Communication Sector (13)

Century Paper & Board Mills Ltd.

449

457

Callmate Telips Telecome Ltd.

546

559

Cherat Papersack Ltd.

450

457

Eye Television Networks Ltd.

547

559

Dadabhoy Sack Ltd.

451

458

Media Times Ltd.

548

560

Merit Packaging Ltd.

452

458

NetSol Tecnologies Ltd.

549

560

Packages Limited.

453

459

Pak Datacom Ltd.

550

561

Pakistan Paper Products Ltd.

454

459

Pakistan International Container Terminal Ltd.

551

561

Security Papers Ltd.

455

460

Pakistan International Airlines Corporation

552

562

686

Company

Page No.

Company

Page No.

Data

Profile

Data

Profile

Pakistan National Shipping Corporation

553

562

Noon Pakistan Ltd.

632

671

Paksitan Telecommunication Co. Ltd.

554

563

Pace Pakistan Ltd.

633

672

Southern Networks Ltd.

555

563

Pak Leather Craft Ltd.

634

672

TRG Pakistan Ltd.

556

564

Pakistan Hotels Developers Ltd.

635

673

Telecard Ltd.

557

564

Pakistan Services Ltd.

636

673

WorldCall Telecom Ltd.

558

565

Quice Food Industries Ltd.

637

674

Rafhan Maize Products Co. Ltd.

638

674

10. Others (66)

Service Industries Ltd.

639

675

A. Tobacco Sector (3)

Shabbir Tiles and Ceramics Ltd.

640

675

Shakarganj Food Mills Ltd.

641

676

Khyber Tobacco Company Ltd.

570

573

Shezan International Ltd.

642

676

Lakson Tobacco Company Ltd.

571

573

Shield Corporation Ltd.

643

677

Pakistan Tobacco Company Ltd.

572

574

Shifa International Hospital Ltd.

644

677

Siddiqsons Tin Plate Ltd.

645

678

Syed Match Company Ltd.

646

678

Tariq Glass Industries Ltd.

647

679

B. Jute Sector (4)

Crescent Jute Products Ltd.

579

583

Treet Corporation Ltd.

648

679

Latif Jute Mills Ltd.

580

583

Tri-Pack Films Ltd.

649

680

Suhail Jute Mills Ltd.

581

584

Unilever Pakistan Foods Ltd.

650

680

Thal Limited (Thal Jute Mills Ltd.)

582

584

Unilever Pakistan Ltd.

651

681

United Brands Ltd.(Udl Industries Ltd.)

652

681

United Distributors Pakistan Ltd.

653

682

ZIL Limited (Zulfeqar Industries Ltd.)

654

682

C. Vanaspati and Allied Industries Sector (4)

Morafco Industries Ltd.

589

593

Punjab Oil Mills Ltd.

590

593

S.S Oil Mills Ltd.

591

594

Wazir Ali Industries Ltd.

592

594

AKD Capital Ltd.

599

655

Al-Khair Gadoon Ltd.

600

655

Arpak International Investments Ltd.

601

656

Baluchistan Glass Ltd.

602

656

Bata Pakistan Ltd.

603

657

Clover Pakistan Ltd.

604

657

Dadabhoy Construction Technology Ltd.

605

658

Diamond Industries Ltd.

606

658

Dreamworld Ltd.

607

659

Eco Pack Ltd.

608

659

Emco Industries Ltd.

609

660

Fateh Industries Ltd.

610

660

Frontier Ceramics Ltd.

611

661

Gammon Pakistan Ltd.

612

661

Ghani Glass Ltd.

613

662

Ghani Value Glass Ltd.

614

662

Gillette Pakistan Ltd.

615

663

Goodluck Industries Ltd.

616

663

Grays Of Cambridge Ltd.

617

664

Hashimi Can Company Ltd.

618

664

Haydari Construction Comp. Ltd.

619

665

IBL HealthCare Ltd.

Indus Fruit Products Ltd.

620

665

621

666

Ismail Industries Ltd.

622

666

Karam Ceramics Ltd.

623

667

Leather-Up Ltd.

624

667

Macpac Films Ltd.

625

668

Mandviwalla Mauser Plastic Industries Ltd.

626

668

Mitchell's Fruit Farms Ltd.

627

669

Mubarak Dairies Ltd.

628

669

Murree Brewery Company Ltd.

629

670

National Foods Ltd.

630

670

Nestle Pakistan Ltd.

631

671

D. Miscellaneous Sector (56)

687

Appendix:2
Defaulter Companies of non-financaial sectors listed at Karachi Stock Exchange upto Dec. 31, 2009
S.No.

Company Name

S.No.

Textile Sector ( 73 )

Company Name

56 Sadoon Textile Mills Ltd. (NA)

57 Sahrish Textile Mills Ltd. (NA)

1 (Colony) Sarhad Textile Mills Ltd.

58 Saitex Spinning Mills Ltd.

2 Accord Textiles Ltd.

59 Sajjad Textile Mills Ltd.

3 Adil Textile Mills Ltd.

60 Saleem Denim Industries Ltd.

4 Al-Azhar Textile Mills Ltd.

61 Schon Textile Mills Ltd. (NA)

5 Alif Textile Industries Ltd. (NA)

62 Service Fabrics Ltd.

6 Al-Qadir Textile Mills Ltd.

63 Service Textile Mills Ltd.

7 Al-Qaim Textile Mills Ltd. (NA)

64 Shahpur Textile Mills Ltd. (NA)

8 Amazai Textile Milss Ltd. (NA)

65 Siftaq International Ltd. (NA)

9 Amin Spinning Mills Ltd.

66 Sind Fine Textile Mills Ltd.

10 Annoor Textile Mills Ltd.

67 Sunshine Cotton Mills Ltd. (NA)

11 Apex Fabris Ltd. (NA)

68 Taj Textile Mills Ltd.

12 Ashfaq Textile Mills Ltd.

69 Tariq Cotton Mills Ltd. (NA)

13 Asim Textile Mills Ltd.

70 Tawakal Garments Ltd. (NA)

14 Awan Textile Mills Ltd. (NA)

71 Usman Textile Mills Ltd.

15 Ayaz Textile Ltd. (NA)

72 Zahur Cotton Mills Ltd.

16 Azmat Textile Mills Ltd. (NA)

73 Zahur Textile Mills Ltd. (NA)

17 Bahawalpur Textile Mills Ltd. (NA)

18 Baig Spinning Mills Ltd.

Other Textile Sector ( 13 )

19 Brothers Textile Mills Ltd.

20 Carvan East Fabrics Ltd. (NA)

1 Adil Polypropylene Products Ltd. (NA)

21 Crescent Spinning Mills Ltd. (NA)

2 Colony Woollen Mills Ltd. (NA)

22 Data Textiles Ltd.

3 Harnai Woollen Mills Ltd. (NA)

23 Elahi Cotton Mills Ltd.

4 Indus Polyester Company Ltd.

24 Fateh Sports Wear Ltd.

5 Karim Silk Mills Ltd. (NA)

25 Fatima Enterprises Ltd.

6 Kashmir Polytex Ltd.

26 Glamour Textile Mills Ltd.

7 National Fibres Ltd. (NA)

27 Globe Textile Mills (OE) Ltd.

8 Noor Silk Mills Ltd.

28 Globe Textile Mills Ltd.

9 Pak Fibre Industries Ltd. (NA)

29 Hafiz Textile Mills Ltd.

10 Polyron Ltd. (NA)

30 Hakkim Textile Mills Ltd. (NA)

11 S.G. Fibres Ltd.

31 Hala Enterprises Ltd.

12 Tawakal Polyester Ltd. (NA)

32 Hala Spinning Mills Ltd. (NA)

13 Valika Woolen Mills Ltd. (NA)

33 Hamid Textile Mills Ltd.

34 Harum Textile Mills Ltd. (NA)

Chemical Sector ( 5 )

35 Ishtiaq Textile Mills Ltd.

36 Ittefaq Textile Mills Ltd. (NA)

1 Kausar Paints Ltd. (NA)

37 Itti Textiles Mills Ltd. (NA)

2 Pakistan PVC Ltd.

38 Jubilee Spinning & Weaving Mills Ltd.

3 Data Agro Ltd.

39 Juniad Cotton Mills Ltd. (NA)

4 Sardar Chemical Industries Ltd.

40 Kaiser Arts & Crafts Ltd. (NA)

5 Sind Alkalis Ltd. (NA)\

41 Karim Cotton Mills Ltd.

42 Khurshid Spinning Mills Ltd.

Engineering Sector ( 12 )

43 Khyber Textile Mills Ltd.

44 Kohinoor Looms Ltd. (NA)

1 Bela Automotives Ltd.

45 Landmark Spinning Mills Ltd.

2 Bela Engineers Ltd. (NA)

46 Libaas Textile Ltd. (NA)

3 Casspak Industries Ltd. (NA)

47 Mehr Dastagir Textile Mills Ltd.

4 Climax Engineering Co. Ltd.

48 Modern Textile Mills Ltd. (NA)

5 Dewan Automotive Engineering Ltd.

49 Mohib Exports Ltd. (NA)

6 Gauhar Engineering Ltd. (NA)

50 Mukhtar Textile Mills Ltd.

7 Metropolitan Steel Corporation Ltd.

51 Nazir Cotton Mills Ltd.

8 Myfip Video Industries Ltd. (NA)

52 Noorie Textile Mills Ltd. (NA)

9 Quality Steel Works Ltd. (NA)

53 Qayyum Spinning Mills Ltd. (NA)

10 Saif Nadeem Kawasaki Motors Ltd. (NA)

54 Rashid Textile Mills Ltd. (NA)

11 Taga Pakistan Ltd. (NA)

55 Redco Textiles Ltd.

12 Texila Engineering Ltd. (NA)

688

S.No.

Company Name

S.No.

Sugar Sector ( 6 )

Company Name
Vanaspati and Allied Sector ( 9 )

1 Abdullah Shah Ghazi Sugar Mills Ltd.(Al-Asif Sugar Mills Ltd.)

1 Extraction (Pakistan) Ltd. (NA)

2 Bawany Sugar Mills Ltd.

2 Fazal Vegetable Ghee Mills Ltd. (NA)

3 Khairpur Sugar Mills Ltd.

3 Morafco Industries Ltd.

4 Mian Mohammad Sugar Mills Ltd. (NA)

4 Muslim Ghee Mills Ltd. (NA)

5 Pangrio Sugar Mills Ltd.

5 Pak Ghee Industries Ltd. (NA)

6 Saleem Sugar Mills Ltd.

6 Punjab Oil Mills Ltd.

7 S. S. Oil Mills Ltd.

Paper and Board Sector ( 2 )

8 Suraj Ghee Industries Ltd. (NA)

9 Universal Oil & Vegatable Ghee Mills Ltd. (NA)

1 Abson Industries Ltd. (NA)

Miscellaneous Sector ( 18 )

2 Central Forest Procducts Ltd.

Cement Sector ( 2 )

1 Dadabhoy Construction Ltd.

2 Fateh Industries Ltd.

1 Mustehkam Cement Ltd.

3 Ghulam Muhammad Dadabhoy Ltd. (NA)

2 Zeal-Pak Cement Factory Ltd.

4 Hashimi Can Company Ltd.

5 Haydari Construction Co. Ltd.

Fuel and Energy Sector ( 2 )

6 Indus Fruit Products Ltd.

7 M.L.C. (NA)

1 Generteck Pakistan Ltd.

8 Medi Glass Ltd. (NA)

2 Japan Power Generation Ltd.

9 Mineral Grinding Ltd. (NA)

10 Mubarak Dairies Ltd.

Transport and Communication Sector (2 )

11 Pakistan Dairies Ltd. (NA)

12 Quice Food Industries Ltd.

1 Pan Islamic Steamship Ltd. (NA)

13 Regal Ceramics Ltd. (NA)

2 Tri-Star Shipping Lines Ltd. (NA)

14 Shakarganj Food Ltd.

15 Syed Match Co. Ltd.
16 Tawakkal Ltd. (NA)

Others Sector ( 32 )

17 Turbo Tec Ltd. (NA)

Tobacco Sector ( 1 )

18 Uqab Breeding Farms Ltd. (NA)

1 Khyber Tobacco Ltd.

Jute Sector (4 )
1 Mehran Jute Mills Ltd. (NA)
2 Suhail Jute Mills Ltd.
3 Crescent Jute Products Ltd.
4 Latif Jute Mills Ltd.

Note:

NA. Annual reports of these defaulting companies

are not available. Thereof their analysis/profiles

are not included in the booklet.
Default is due to the following reasons:
1) Quoted below 50% of face value for continous
period of 3 years.
2) Failed to declare dividend/bonus for 5 years
from the datd of last declaration.
3) Failure to hold Annual General Meeting for a
continous period of 3 years.
4) Under liquidation.
5) failed to pay Annual listing fee for a period
of 2 years.

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