Pioneer Cement Limited Ratios

2013 2014
Liquidity ratios
Current ratio (times) 1.08:1 1.43:1
Quick ratio (times) 0.7:1 086:1
Asset management ratios
Inventory turnover (times) 3.71:1 3.61:1
Receivables turnover (times) 235.26 180.56
Payables turnover (times) 6.03 5.84
Days Sales Outstanding (days) 1.55 2.02
Days Sales of Inventory (days) 98.33 101.13
Days Payables Outstanding (days) 60.48 62.52
Operating Cycle (days) 39.4 40.63
Cash conversion cycle (days)
Total asset turnover(times) 65.23 67.57
Fixed Asset turnover (times) 96.28 105.93
Debt Management Ratios
Debt to Asset ratio
Debt to Equity ratio 38:62. 34:66.
Long term debt Ratio
Times Interest Earned
Profitability ratios
Gross Profit Margin 31.78 32.26
Net Profit margin 16.24 27.44
Operating profit margin (%) 29.45 31.82
Return on Total Assets
Return on common equity
Market value ratios
Price to Earnings Ratio 4.34 5.99
Market to Book Ratio
Dividend Yield Ratio
Dividend Payout Ratio 0.5197 0.5456
Dividend Cover (times)

Solvency Ratio

Pioneer Cement Limited Balance Sheet As at 30 June

2013 2014
Rupees in '000' Rupees in '000'
Assets
Non Current Assets
Property, Plant and Equipment 7,795,151 7,509,383
Long Term investments in associated companies
Long term prepayments
Other Long Term Investments 65549 105662
Deffered tax asset
Total Non Current Assets 7,860,700 7,615,045

Current Assets
Stores and Spares 990194 1,093,169
Stock in Trade 314,928 331,586
Trade Debts 49,794 61,125
Income tax refundable 70,010
Advances, deposits, prepayments and other recievab 14652 17771
Short term investments 776,186 1,006,176
Cash and bank Balances 1,464,792 2,091,913
Total Current Assets 3680556 4,601,740

Total Assets 11,541,256 12,216,785

Share Capital and Reserves

Authorized Capital 3,500,000 3,500,000
Issued, Subcribed and Paid up Capital 2271489 2271489
Reserves 2,171,194 2,863,285

Total Share Capital and Reserves 7,942,683 8,634,774

Non Current Liabilities

Long Term Deposits 3,460 3930

Current Liabilities
Trade and other payables 894,932 843291
Provision for current income tax - 77690

Total Liabilities 898,392 924911

Total Capital and Liabilities 8,841,075 9,559,685

Pioneer Cement Ltd Statement of Comprehensive Income For the Year Ended 30 Jun
2013 2014
Rupees in '000' Rupees in '000'
Sales 9,178,605 8,024,777
Sales tax 1,137,547 1,517,571
Net Sales 8,041,058 6,507,206
Cost of Goods Sold 5,163,047 5,435,809
Gross Profit 2,405,385 2,588,968
Other OperatingIncome 120,055 271,580
Operating Expenses 144,265 397212
Operating Profit 2,228,936 3,520,299
Finance Income
Finance Costs 170,280 155,177
Net Finance Income 170,280 155,177

Profit Before Taxation 2,248,399 2,430,019

Provision For Income Tax 713,257 661,160
Profit For the Year 1,535,142 1,768,859

Earnings per share (Rs) 6.76 7.79

Additional Information
2013 2014
EBITDA (millions) 2606.2 2949.98
Dividend per share (Rs) 4 4.25
Market price per share (Rs) 29.37 46.66
Limited Ratios
2015 2016 2017 2018

2.78:1 2.45:1 3.21:1 1.36:1

1.93:1 1.82:1 2.18:1 0.88:1

3.36:1 4.24:1 4.37:1 3.74:1

173.4 109.94 87.82 44.29
5.81 6.19 7.97 7.14
2.1 3.32 4.16 8.24
108.66 86.08 83.58 97.59
62.81 58.97 45.8 51.12
47.95 30.43 41.94 77.64

69.55 63.43 59.86 34.77

113.85 105.75 86.34 44.16

20:80. 18:82. 24:76 . 46:54.

37.57 42.76 41.65 27.77

26.89 29.63 22.04 20.28
41.78 41.25 38.61 22.8

7.76 9.68 10.12 6.47

0.5687 0.5636 0.4238 0.5622

ance Sheet As at 30 June

2015 2016 2017 2018
Rupees in '000' Rupees in '000' Rupees in '000' Rupees in '000'
 7330673 10,384,030 12,237,399 22,920,019

109538 116158 114847 120466

7440211 10,500,188 12,352,246 23,040,485

1032797 922981 1500779 1697712

674265 181319 235743 470397
61307 108481 224848 433814
1136749 359748
15,659 1991 1937 4188
1,581,784 2356497 2623180 1,006,904
890404 660479 309,019 493,261
4256216 5368497 5255254 4106276

11696427 15,868,685 17,607,500 27,146,761

3,500,000 3,500,000 3,500,000 3,500,000

2271489 2271489 2271489 2271489
4,448,828

10,220,317 5,771,489 5,771,489 5,771,489

3,450 4177 4202 4262

967,155 889,127 667428 1380197

226,942 71361 - -

1,197,547 964,665 671630 1384459

11,417,864 6,736,154 6,443,119 7,155,948

For the Year Ended 30 June
2015 2016 2017 2018
Rupees in '000' Rupees in '000' Rupees in '000' Rupees in '000'
8,425,768 9,366,533 12,801,493 13,574,937
1,655,683 2302145 2337767
6,770,085 9366533 10,630,994 10,121,320
5,260,265 5,361,331 6,202,685 7,310,647
3,165,503 4,005,202 4,428,309 2,810,673
808,977 285,518 59,049 376,035
254201 142330 702145 562141
2,553,204 3,864,079 4,104,199 2,307,581

56,323 17,471 34694 94896

56,323 17471 34694 94896

3,501,457 2,518,778 4,069,505 2,212,685

1,005,322 1,327,830 1,151,960 568,665
2,496,135 2,518,778 2,917,545 1,644,020

10.99 11.09 12.84 7.24

nformation
2015 2016 2017 2018
3,869.60 4569.36 4,245.85 2821.6
6.25 6.25 5.5 4.07
85.29 107.4 130 46.86
 Competitor 1 Attock Cement Limited Company Rat
2013 2014
Liquidity ratios
Current ratio (times)
Quick ratio (times)
Asset management ratios
Inventory turnover (times)
Receivables turnover (times)
Payables turnover (times)
Days Sales Outstanding (days)
Days Sales of Inventory (days)
Days Payables Outstanding (days)
Operating Cycle (days)
Cash conversion cycle (days)
Total asset turnover(times)
Fixed Asset turnover (times)
Debt Management Ratios
Debt to Asset ratio
Debt to Equity ratio
Long term debt Ratio
Times Interest Earned
Profitability ratios
Gross Profit Margin
Net Profit margin
Operating profit margin (%)
Return on Total Assets
Return on common equity
Market value ratios
Price to Earnings Ratio
Market to Book Ratio
Dividend Yield Ratio
Dividend Payout Ratio
Dividend Cover (times)

Solvency Ratio

Competitor 1 Attock Cement Pakistan Limited Balance SheetA

2013 2014
000 000
Assets
Non Current Assets
Property, Plant and Equipment Rs5,998,663 Rs6,125,796
Long Term investments in associated companies Rs4,500 Rs4,500
Long Term loans and advances Rs28,653 Rs32,968
Other Long Term deposits Rs42,980 Rs42,980
Deffered tax asset Rs0 Rs0
Total Non Current Assets Rs6,074,796 Rs6,206,244

Current Assets
Stores and Spares Rs956,276 Rs1,160,074
Stock in Trade Rs564,899 Rs523,402
Trade Debts Rs349,283 Rs262,063
Loans and Advances Rs35,434 Rs48,728
Advances, deposits, prepayments and other recievables Rs48,867 Rs47,214
Accured interest Rs4,298 Rs0
Short term investments Rs2,282,729 Rs3,165,428
Taxation-payments less provisions Rs0 Rs0
Sales tax refundable Rs0 Rs45,014
Cash and bank Balances Rs389,014 Rs467,835
Total Current Assets Rs4,630,800 Rs5,719,758

Total Assets Rs10,705,596 Rs11,926,002

Share Capital and Reserves

Share Capital Rs995,848 Rs1,145,225
Issued, Subcribed and Paid up Capital Rs0 Rs0
Special reserves Rs0 Rs0
Revenue Reserves Rs0 Rs0
Unappropriated profit Rs6,950,803 Rs7,300,828
Total Share Capital and Reserves Rs7,946,651 Rs8,446,053

Non Current Liabilities

Long term loans Rs0 Rs0
Liabilities against subject to finance lease Rs6,517 Rs11,883
Deffered Taxation Rs1,078,078 Rs1,003,706
Retirement benefits- obligatons Rs0 Rs240,493
Rs1,084,595 Rs1,256,082

Current Liabilities
Trade and other payables Rs1,613,545 Rs2,022,790
current maturity of liabilites against asset finance lease Rs1,862 Rs3,927
Taxation-provision less payment Rs58,943 Rs197,150
Accrued mark-up Rs0 Rs0
Unclaimed dividend Rs0 Rs0
Short term borrowings Rs0 Rs0
Rs1,674,350 Rs2,223,867

Total Liabilities Rs2,758,945 Rs3,479,949

Total Capital and Liabilities Rs10,705,596 Rs11,926,002

Competitor 1 Attock Cement Pakistan Limted Statement of Comprehensive Inco

2013 2014
000 000
Sales
Sales tax
Net Sales Rs11,507,706 Rs12,547,251
Cost of Goods Sold -Rs7,972,732 -Rs8,843,288
Gross Profit Rs3,534,974 Rs3,703,963
Distribution Costs -Rs577,636 -Rs806,050
Administrative expenses -Rs263,216 -Rs307,163
Other expenses -Rs230,172 -Rs195,420
Other income Rs227,029 Rs269,529
Operating Profit Rs2,690,979 Rs2,664,859
Finance Costs -Rs14,894 -Rs29,794
Share of profit of associated companies
Other Charges
Profit Before Taxation Rs2,676,085 Rs2,635,065
Taxation/expense -Rs540,000 -Rs621,000
Profit For the Year Rs2,136,085 Rs2,014,065

Other Comprehensive income

Items that will not be reclassified to P/L
remeasurements of post employment benefits obligations Rs0 -Rs106,691
impact of deferred tax Rs0 Rs29,271
Items that may be subsequestly reclassified to P/L Rs0 -Rs77,420
Total Comprehensive income Rs2,136,085 Rs1,936,645
Earnings per share (Rs) Rs21.45 Rs17.59

Additional Information
2013 2014
EBITDA
Credit Purchases (Rs 000s)
Tax rate
Dividend per share (Rs)
Market price per share (Rs)
Book value per share (Rs)
Number of shares
Depreciation (Rs 000s)
ed Company Ratios
2015 2016 2017 2018

mited Balance SheetAs at 30 June

2015 2016 2017 2018
000 000 000 000
 Rs5,999,669 Rs7,140,508 Rs16,660,338 Rs17,962,931
Rs4,500 Rs4,500 Rs786,112 Rs1,435,379
Rs55,754 Rs41,538 Rs48,588 Rs47,311
Rs42,980 Rs42,980 Rs42,980 Rs99,940
Rs0 Rs0 Rs0 Rs131,543
Rs6,102,903 Rs7,229,526 Rs17,538,018 Rs19,677,104

Rs986,146 Rs1,317,012 Rs1,473,181 Rs0

Rs763,715 Rs599,753 Rs456,601 Rs3,649,066
Rs124,414 Rs211,112 Rs180,490 Rs709,917
Rs61,115 Rs81,935 Rs76,383 Rs78,499
Rs85,055 Rs132,382 Rs129,442 Rs223,963
Rs0 Rs0 Rs0 Rs0
Rs3,104,907 Rs4,273,362 Rs0 Rs0
Rs0 Rs0 Rs236,663 Rs1,453,299
Rs147,585 Rs0 Rs496,755 Rs289,270
Rs858,698 Rs581,318 Rs121,847 Rs324,936
Rs6,131,635 Rs7,196,874 Rs3,171,362 Rs6,728,950

Rs12,234,538 Rs14,426,400 Rs20,709,380 Rs26,406,054

Rs1,145,225 Rs1,145,225 Rs1,145,225 Rs1,145,225

Rs0 Rs0 Rs0 Rs0
Rs0 Rs0 Rs0 Rs0
Rs0 Rs0 Rs0 Rs0
Rs7,789,909 Rs9,301,618 Rs10,802,410 Rs13,727,410
Rs8,935,134 Rs10,446,843 Rs11,947,635 Rs14,872,635

Rs0 Rs0 Rs1,500,000 Rs3,437,500

Rs7,956 Rs4,029 Rs1,033 Rs10,793
Rs813,378 Rs809,516 Rs817,747 Rs0
Rs252,336 Rs425,333 Rs489,453 Rs387,093
Rs1,073,670 Rs1,238,878 Rs2,808,233 Rs3,835,386

Rs1,772,101 Rs2,680,056 Rs3,823,679 Rs4,983,843

Rs3,927 Rs3,927 Rs2,996 Rs3,911
Rs449,706 Rs56,696 Rs0 Rs0
 Rs0 Rs0 Rs45,990 Rs88,773
Rs0 Rs0 Rs0 Rs8,998
Rs0 Rs0 Rs2,080,847 Rs2,612,508
Rs2,225,734 Rs2,740,679 Rs5,953,512 Rs7,698,033

Rs3,299,404 Rs3,979,557 Rs8,761,745 Rs11,533,419

Rs12,234,538 Rs14,426,400 Rs20,709,380 Rs26,406,054

Comprehensive Income For the year ended 30 June

2015 2016 2017 2018
000 000 000 000

Rs13,086,120 Rs13,918,340 Rs14,735,172 Rs16,884,411

-Rs8,689,940 -Rs8,331,840 -Rs8,842,960 -Rs11,697,583
Rs4,396,180 Rs5,586,500 Rs5,892,212 Rs5,186,828
-Rs986,673 -Rs954,746 -Rs903,531 -Rs1,170,970
-Rs346,946 -Rs401,792 -Rs419,378 -Rs533,111
-Rs238,821 -Rs314,042 -Rs333,645 -Rs163,000
Rs269,529 Rs341,095 Rs236,632 Rs60,804
Rs3,246,650 Rs4,257,015 Rs4,472,290 Rs3,380,551
-Rs25,999 -Rs21,309 -Rs28,369 -Rs251,172

Rs3,220,651 Rs4,235,706 Rs4,443,921 Rs3,129,379

-Rs1,015,000 -Rs1,345,683 -Rs1,409,864 Rs1,270,405
Rs2,205,651 Rs2,890,023 Rs3,034,057 Rs4,399,784

-Rs71,322 -Rs224,510 -Rs101,734 Rs71,269

Rs15,328 Rs48,682 Rs0 Rs0
-Rs55,994 -Rs175,828 -Rs101,734 Rs71,269
Rs2,149,657 Rs2,714,195 Rs2,932,323 Rs4,471,053
Rs19.26 Rs25.24 Rs26.49 Rs38.42

ormation
2015 2016 2017 2018
 Thatta Cement Company Limited Ratios
2013 2014 2015
Liquidity ratios
Current ratio (times)
Quick ratio (times)
Asset management ratios
Inventory turnover (times)
Receivables turnover (times)
Payables turnover (times)
Days Sales Outstanding (days)
Days Sales of Inventory (days)
Days Payables Outstanding (days)
Operating Cycle (days)
Cash conversion cycle (days)
Total asset turnover(times)
Fixed Asset turnover (times)
Debt Management Ratios
Debt to Asset ratio
Debt to Equity ratio
Long term debt Ratio
Times Interest Earned
Profitability ratios
Gross Profit Margin
Net Profit margin
Operating profit margin (%)
Return on Total Assets
Return on common equity
Market value ratios
Price to Earnings Ratio
Market to Book Ratio
Dividend Yield Ratio
Dividend Payout Ratio
Dividend Cover (times)

Solvency Ratio

Thatta Cement Company Limited Balance Sheet for the year ended
2013 2014 2015

Assets
Non Current Assets
Property, Plant and Equipment
Long Term investments in associated companies
Long term prepayments
Other Long Term Investments
Deffered tax asset
Total Non Current Assets

Current Assets
Stores and Spares
Stock in Trade
Trade Debts
Income tax refundable
Advances, deposits, prepayments and other recievables
Short term investments
Cash and bank Balances
Total Current Assets

Total Assets

Share Capital and Reserves

Authorized Capital
Issued, Subcribed and Paid up Capital
Special reserves
Revenue Reserves
Umappropriated profit
Total Share Capital and Reserves

Non Current Liabilities

Long Term Deposits
Provision for deffered income tax

Current Liabilities
Trade and other payables
Provision for current income tax

Total Liabilities

Total Capital and Liabilities

 Thatta Cement Company Limited Statement of Comprehensive Income for the
2013 2014 2015

Sales
Sales tax
Net Sales
Cost of Goods Sold
Gross Profit
Other OperatingIncome
Operating Expenses
Operating Profit
Finance Income
Finance Costs
Net Finance Income
Share of profit of associated companies
Other Charges
Profit Before Taxation
Provision For Income Tax
Profit For the Year

Earnings per share (Rs)

Additional Information
2013 2014 2015
EBITDA
Credit Purchases (Rs 000s)
Tax rate
Dividend per share (Rs)
Market price per share (Rs)
Book value per share (Rs)
Number of shares
Depreciation (Rs 000s)
mited Ratios
2016 2017 2018

for the year ended 30 June

2016 2017 2018
ive Income for the year ended 30 June
2016 2017 2018

n
2016 2017 2018
 Fauji Cement Limited Company Rat
2013
Liquidity ratios
Current ratio (times)
Quick ratio (times)
Asset management ratios
Inventory turnover (times)
Receivables turnover (times)
Payables turnover (times)
Days Sales Outstanding (days)
Days Sales of Inventory (days)
Days Payables Outstanding (days)
Operating Cycle (days)
Cash conversion cycle (days)
Total asset turnover(times)
Fixed Asset turnover (times)
Debt Management Ratios
Debt to Asset ratio
Debt to Equity ratio
Long term debt Ratio
Times Interest Earned
Profitability ratios
Gross Profit Margin
Net Profit margin
Operating profit margin (%)
Return on Total Assets
Return on common equity
Market value ratios
Price to Earnings Ratio
Market to Book Ratio
Dividend Yield Ratio
Dividend Payout Ratio
Dividend Cover (times)

Solvency Ratio

Competitor 3 Fauji Cement Company Limited Balan

2013

Assets
Non Current Assets
Property, plant & equipment 24,734,325
long term deposits 531634
Total Non Current Assets 25,265,959

Current Assets 5,039,090

Total Assets 30,305,049

Share Capital and Reserves

Share Capital 13,798,150
Reserves 2,138,211
Total Share Capital and Reserves 15,936,361

Non Current Liabilities 9,959,258

Current Liabilities 4,409,430
Total Liabilities 14,368,688

Total Capital and Liabilities 30,305,049

Fauji Cement Company Limited Income Statem

2013

Net Sales 15,967,900.00

Cost of Goods Sold -10,887,427
Gross Profit 5,080,473.00
Profit Before Taxation 3,085,525
Provision For Income Tax -988458
Profit For the Year 2,097,067

Earnings per share (Rs) 1.42

Additional Information

EBITDA
Credit Purchases (Rs 000s)
Tax rate
Dividend per share (Rs)
Market price per share (Rs)
Book value per share (Rs)
Number of shares
Depreciation (Rs 000s)
Limited Company Ratios
2014 2015 2016 2017 2018

ent Company Limited Balance Sheet

2014 2015 2016 2017 2018
 23,881,426 23,880,553 21,701,250 22,003,943 22,624,413
311549 234141 156.733 86,601 86,601
24,192,975 24,114,694 21,856,983 22,090,544 22,711,014

5,188,357 6,413,596 7,499,669 5,661,675 6,338,432

29,381,332 30,528,290 29,356,652 27,752,219 29,049,446

13,798,150 13,798,150 13,798,150 12,433,765 12,433,765

1,990,037 3,620,834 4,629,705 7,247,360 8,055,175
15,788,187 17,418,984 18,427,855 19,681,125 20,488,940

9,110,639 8,378,929 5,968,616 5,402,555 4,301,684

4,482,506 4,730,377 4,961,181 2,668,539 4,258,822
13,593,145 13,109,306 10,929,797 8,071,094 8,560,506

29,381,332 30,528,290 29,357,652 27,752,219 29,049,446

any Limited Income Statement

2014 2015 2016 2017 2018

17,532,277 18,642,358 20,044,438 20,423,356 21,160,878

-11,448,142 -11,615,261 -10,879,156 -15,985,679 -16,046,291
6,084,135 7,027,097 9,165,282 4,437,677 5,114,587
4,509,505 5,679,891 7,831,306 3,930,221 4,098,149
-1,883,511 -1,563,729 -2,464,106 -1,317,010 -668,685
2,625,994 4,116,162 5,367,200 2,613,211 3,429,464

1.8 2.91 3.98 1.89 2.49

onal Information
2012 2013 2014 2015 2016
 Lucky Cement Ltd ratios
Liquidity Ratios
Current ratio (times)
Quick ratio (times)
Assets Management Ratios
Inventory turnover (times)
Receivables turnover (times)
Payables turnover (times)
Days Sales Outstanding (days)
Days Sales Of Inventory (days)
Days Payable Outstanding (days)
Operating Cycle (days)
Cash Conversion cycle (days)
Total Asset Turnover (times)
Fixed Asset turnover (times)
Debt Management Ratio
Debt to Asset Ratio
Debt to Equity ratio
Long term debt ratio
Times Interest Earned Ratio
Profatibility Ratios
Gross Profit Margin (percent)
Net Profit Margin (percent)
Operating Profit Margin (percent)
Return On Total Assets
Return On Common Equity
Market Value Ratios
Price to earning ratio (times)
Market to Book Ratio (percent)
Dividend Yield Ratio (percent)
Dividend Payout Ratio (percent)
Dividend Cover (times)

Solvency Ratio

Competitor 4 Lucky Cement Limited Balance Shee

ASSETS
Non-current Assets
Property, plant & equipment
Intangible Assets
Long-term Investments
Long-term loans and advances
Long-term deposits and prepayments
Current Assets
TOTAL ASSETS

EQUITY AND LIABILITIES

Equity
Share capital & reserves
Liabilities
Non-current liability
Current liabilities
TOTAL EQUITY AND LIABILITIES
Competitor 44 Lucky Cement Limited Statement of Inco

Sales
Other revenue
Cost of products sold
Gross Profit
Distribution expenses
Administrative expenses
Operating Profit
Finance costs
Other Charges
Profit before taxation
Taxation
(Loss)/Profit for the year
Other comprehensive income
Total comprehensive (loss)/income for the year

(Loss)/Earnings per share

Additional Information

Credit Purchases (Rs 000s)

Tax rate %
Market Price per share (Rs)
total number of shares
Ordinary dividend per share (Rs)
Book value per share (Rs)
Depreciation (Rs 000s)
Amortization (Rs 000s)
os
2013 2014 2015 2016 2017 2018

3.38 : 1 4.32 : 1 3.64 : 1 4.10 : 1 4.48 : 1 2.82 : 1

1.66 : 1 2.62 : 1 2.75 : 1 3.31 : 1 3.67 : 1 2.12 : 1

3.17 3.4 3.44 3.3 3.05 3.22

27.81 23 21.73 21.37 24.27 23.73
6.09 6.36 4.69 3.13 2.74 2.73
13.12 15.87 16.8 17.08 15.04 15.38
115.14 107.35 106.1 110.61 119.67 113.35
59.93 57.39 77.83 116.61 133.21 133.7
68.33 65.38 45.07 11.08 1.5 -4.97

0.75 0.72 0.61 0.53 0.47 0.44

1.22 1.35 1.28 1.33 1.22 1.16

0.00:1 0.00:1 0.00:1 0.00:1 0.00:1 0.00:1

44.32 44.38 45.09 48.18 46.62 35.66

25.78 26.33 27.77 28.68 29.97 25.66
37.81 38.58 41.17 46.95 46.41 35.52

6.96 11.7 13.52 16.2 19.75 13.47

1.65 2.66 2.84 3.03 3.39 1.9
3.81 2.19 1.73 1.54 1.43 2.56
26.54 25.65 23.41 24.98 28.34 34.47

Sheet As at year ended 31 Sep

2013 2014 2015 2016 2017 2018
Rs 000000sRs 000000sRs 000000sRs 000000sRs 000000s Rs 000000s
 31,008 31,937 35,019 33,887 37,488 40,913
5 28 42 127 80 55
5,619 8,158 10,925 12,422 13,314 24,981
554 72 79 76 85 91
3 3 3 3 3 3
13,007 19,672 27,018 39,395 46,368 42,956
50,196 50,196 73,086 85,909 97,337 108,999

RS 000s RS 000s RS 000s RS 000s RS 000s RS 000s

41,035,443 49,792,183 59,258,770 69,322,838 79,784,981 86,366,822

5,314,888 5,521,483 6,396,392 6,968,744 7,208,757 7,395,033

3,845,844 4,555,965 7,430,703 9,617,734 10,343,627 15,237,262
50,196,175 59,869,631 73,085,865 85,909,316 97,337,365 108,999,117
f Income For the year ended 31 Sep
2013 2014 2015 2016 2017 2018
RS 000s RS 000s RS 000s RS 000s RS 000s RS 000s
37,810,456 43,083,169 44,761,307 45,135,037 45,687,043 47,541,724

21,054,058 24,393,064 24,578,219 23,389,268 24,388,760 30,589,363

16,756,398 18,690,105 20,183,088 21,745,769 21,298,283 16,952,361
3,664,019 3,382,156 3,127,018 2,018,376 1,703,785 1,992,454
680,347 760,269 943,385 1,107,527 1,021,694 1,089,446
12,412,032 14,547,680 16,112,685 18,619,866 18,572,804 13,870,461
75,829 34,225 - - - -
590,335 57,090 200,891 219,644 -205,449 -1,248,194
11,745,868 14,456,365 15,911,794 18,400,222 18,778,253 15,118,655
1,997,106 3,111,962 3,480,196 5,456,037 5,086,004 2,921,565
9,748,762 11,344,403 12,431,598 12,944,185 13,692,249 12,197,090
-34,814 -663 -54,636 30,258 3,644 -117,874
9,713,948 11,343,740 12,376,962 12,974,443 13,695,893 12,079,216

ation
2013 2014 2015 2016 2017 2018

753,473 1,021,949
 32 29
10 10 10

2,545,069 2,580,612
24008 51,479 41,256