KAWSAR PIPE MANUFACTURING

STATEMENT OF CASH FLOWS

FOR THE MONTH ENDED APRIL 30, 2017

2017
USD
CASH FLOW FROM OPERATING ACTIVITIES
Profit for the year after tax 310,829
Adjustment for non-cash items:
Add: Depreciation . -
Financial Charges . -
Provision for BRT . -
Inventory valuation 459,822
459,822
Net profit before working capital changes 770,651

Working Capital changes

(Increase)/decrease in
Stock in trade (2,989,507)
Trade and Other Receivables 2,561,783
Advances 262,560
Increase/(decrease)in
Trade and other payables (283,212)
(448,376)

Net Working Capital Changes 322,274

Financial Charges paid -
Tax paid -
Net cash generated/(used) in operating acivities 322,274

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of property, plant and equipment . 485,200

Net cash used in investing activities 485,200

CASH FLOW FROM FINANCING ACTIVITIES

Drawing during the year (110,720)
Short term Bank Borrowings -
Net cash outflow from financing activities (110,720)
Net changes in cash and cash equivalents for the year 696,754
Cash and cash equivalents at the beginning of the year 319,525
Cash and cash equivalents at the end of the year 1,016,279

Auditors' report is annexed thereto.

The annexed notes form an integral part of these financial statements.

PRESIDENT
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Accrual Basis
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AQAAAAkFA Mar 31, 17 Apr 30, 17
ASSETS
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ZXQAAAAAA
AAAAAAAAA
Current Assets
AAAAAAAAA
BAAAA
Checking/Savings
AAAAAAAAA
AAAAAAAAA AIB Bank - USD 0.00 0.00
AAAAAAAAA AIB Bank Account- AFN 0.00 0.00
AAAAAAAAA
AAAAAAAAA Sarafi Naseer - USD 0.00 0.00
AAAAAAAAA Sarafi Naseer - AFN 0.00 0.00
AAAAAAAAA Bakhtar Bank - USD 16,726.64 16,388.49
AAAAAAAAA Bakhtar Bank - AFN 38,017.00 588,017.00
AABQAAAAA
AAAAAAAAA Cash Book - USD 161,735.30 1,849.85
AABEVwEAM Cash Book - AFN 103,046.00 410,023.83
gAJAAIAAAA
Total Checking/Savings 319,524.94 1,016,279.17
AAAYAAQAA
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Accounts Receivable
AAAAAAAAA Accounts Receivable - AFN 18,654,963.00 17,395,469.70
AAAAAAAAA
AAAAAAAAA Accounts Receivable - PKR 7,646,132.59 5,805,176.03
AAAd0RXBQ Accounts Receivable - USD 11,093,104.22 11,631,771.31
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Total Accounts Receivable 37,394,199.81 34,832,417.04
AAAAAAAAA
AAAAAAAAA 2,561,782.77
AAAAAAAAA
AAAAAAAAA
Other Current Assets
AAAAAAAAA
AAAAAAAAA Advance Salaries 0.00 7,840.00
AAAAAAAAA Suspense Account for Assets 2,260,964.29 2,260,964.29 0.00
AAAAAAAAA Advance for Factory Rent 270,400.00 0.00
AAAAAAAAA
AAAAAAAAA Expenses for AIB Bank Loan 0.00 0.00
AAAAAAAAA Advance for Purchases
AAAAAAAAAAbdul Wasi Driver 0.00 0.00
AAAAAAAAAFawad Driver 0.00 0.00
AAAAAAAAA
AAAAAAAAAAbdul Khalil (Malem) 0.00 0.00
AAAAAAAAAMohammad Raza 0.00 0.00
AAAAAAAAA Total Advance for Purchases 0.00 0.00
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA Inventory Assets
AAAAAAAAAInventory Asset - Pipe 11,238,461.89 13,420,660.50
AAAAAAAAA
AAAAAAAAAInventory Asset - Raw Material 3,852,677.80 4,659,986.24
AAAAAAAAAInventory Asset - Handpump 0.00 0.00
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Total Inventory Assets 15,091,139.69 18,080,646.74
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AAAAAAAAA
Total Other Current Assets 17,622,503.98 20,349,451.03
AAAAAAAAA
AAAAAAAAA
Total Current Assets
AAAACIAAA 55,336,228.73 56,198,147.24
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/kAFBcmlhbC
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Accrual Basis
Fixed Assets
Fixed Assets
Transfermer 538,400.00 0.00
Corola Motor 0.00 0.00
Nimaz timing Clock 0.00 0.00
Fixed Assets - Other 0.00 53,200.00
Total Fixed Assets 538,400.00 53,200.00

Total Fixed Assets 538,400.00 53,200.00

TOTAL ASSETS 55,874,628.73 56,251,347.24

LIABILITIES & EQUITY

Liabilities
Current Liabilities
Accounts Payable
Accounts Payable - AFN 6,398,385.00 7,677,649.52
Accounts Payable - PKR 1,400,608.77 1,400,608.77
Accounts Payable - USD 34,164,037.96 34,030,580.23
Total Accounts Payable 41,963,031.73 43,108,838.52

Other Current Liabilities

Inventory Valuation Difference 0.00 459,821.58
Haji Samar Gul - for Property 0.00 0.00
Elyas (Dr. Yaqub) 0.00 0.00
Acrude Libility
Payroll Liability 478,344.00 361,600.00
Electricity Bill 1,312,275.00 0.00
Total Acrude Libility 1,790,619.00 361,600.00

Partner Personal Ledger Account

Dr. Mohammad Yaqub 9,119,046.00 9,008,326.00
Haji Dad Mohammad 3,001,932.00 3,001,932.00
Total Partner Personal Ledger Account 12,120,978.00 12,010,258.00 110,720.00

Total Other Current Liabilities 13,911,597.00 12,831,679.58

Total Current Liabilities 55,874,628.73 55,940,518.10 65,889.37

Total Liabilities 55,874,628.73 55,940,518.10

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Accrual Basis
Equity
Partner Drawings
Haji Dad Mohammad Drawings 0.00 0.00
Dr. Mohammad Yaqub Drawings 0.00 0.00
Total Partner Drawings 0.00 0.00

Net Income 0.00 310,829.14

Total Equity 0.00 310,829.14

TOTAL LIABILITIES & EQUITY 55,874,628.73 56,251,347.24

0.00 0.00

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