Fauji Fertiliz

Statement of Profit & Loss

(A) = Horizontal Analysis 2016 as a base year
Amounts (RS in M)
2019 2018 2017 2016 2015
Turnover 105,783 105,964 90,714 72,877 84,831
Cost of sales 75,046 77,986 72,621 54,827 55,949
Gross Profit 30,737 27,978 18,093 18,050 28,882

Distribution cost 8,288 8,833 8,574 7,154 6,814

Operating Profit 22,449 19,145 9,519 10,896 22,068

Finance cost 2,477 1,637 2,445 2,406 1,475

Other expenses 3,409 2,108 1,631 1,761 2,284
16,563 15,400 5,443 6,729 18,309
Other income 7,190 6,283 10,298 10,665 6,194
Profit before taxation 23,753 21,683 15,741 17,394 24,503
Provision for taxation 6,643 7,244 5,030 5,612 7,737
Profit for the year 17,110 14,439 10,711 11,782 16,766

EPS (rs) 13.45 11.35 8.42 9.26 13.18

Note: Negative value subtract from 100 the resulting amout is % decrease according to base year

Statement of Profit & Loss

(B) = Vertical Analysis
2019 % age 2018 % age 2017
Turnover 105,783 100% 105,964 100% 90,714
Cost of sales 75,046 70.95 77,986 73.6 72,621
Gross Profit 30,737 29.05 27,978 26.4 18,093

Distribution cost 8,288 7.83 8,833 8.33 8,574

Operating Profit 22,449 21.22 19,145 18.06 9,519

Finance cost 2,477 2.34 1,637 1.54 2,445

Other expenses 3,409 3.22 2,108 2 1,631
16,563 15.66 15,400 14.5 5,443
Other income 7,190 6.8 6,283 5.9 10,298
Profit before taxation 23,753 22.45 21,683 20.46 15,741
Provision for taxation 6,643 6.3 7,244 6.84 5,030
Profit for the year 17,110 16.2 14,439 13.63 10,711

EPS (rs) 13.45 11.35 8.42

Statement of Financial Position

(A) = Horizontal Analysis 2015 as a base year

Amounts (RS in M)
2019 2018 2017
Equity and Liabilities
EQUITY
Share capital 12,722 12,722 12,722
Capital reserve 160 160 160
Revenue reserves 22,685 20,501 16,470
35,567 33,383 29,352

NON - CURRENT LIABILITIES

Long term borrowings 6,473 8,584 15,572
Lease liabilities 62
Deferred liabilities 4,412 4,578 4,697
10,947 13,162 20,269

CURRENT LIABILITIES
Trade and other payables 76,009 60,599 38,781
Interest and mark - up accrued 676 300 191
Short term borrowings 21,803 28,526 11,539
Unclaimed Dividend 542 639 437
Current portion of long term borrowings - secured 4,711 7,238 6,832
Current portion of lease liabilities 43
Taxation 3,092 2,642 1,230
106,876 99,944 59,010
Total Equity and Liabilities 153,390 146,489 108,631

Assets

NON - CURRENT ASSETS

Property, plant & equipment 22,212 21,533 22,312
Intangible assets 1,577 1,575 1,585
Long term investments 31,088 26,899 27,869
Long term Loans & advances 1,200 1,114 966
Long term deposits & prepayments 12 14 14
56,089 51,135 52,746
CURRENT ASSETS
Stores, spares and loose tools 3,811 3,474 3,496
Stock in trade 6,795 12,932 395
Trade debts 13,460 3,678 3,722
Loans and advances 1,795 1,060 1,634
Deposits and prepayments 51 82 78
Other receivables 17,653 15,725 13,965
Short term investments 48,041 54,585 30,882
Cash and bank balances 5,695 3,818 1,712
97,301 95,354 55,885
Total Assets 153,390 146,489 108,631

Note: Negative value subtract from 100 the resulting amout is % decrease according to base year

Statement of Financial Position

(B) = Vertical Analysis
 2019 % age
Equity and Liabilities
EQUITY
Share capital 12,722 8.3
Capital reserve 160 0.1
Revenue reserves 22,685 14.8
35,567 23.19

NON - CURRENT LIABILITIES

Long term borrowings 6,473 4.22
Lease liabilities 62 0.04
Deferred liabilities 4,412 2.9
10,947 7.14

CURRENT LIABILITIES
Trade and other payables 76,009 49.55
Interest and mark - up accrued 676 0.44
Short term borrowings 21,803 14.21
Unclaimed Dividend 542 0.35
Current portion of long term borrowings - secured 4,711 3.07
Current portion of lease liabilities 43 0.02
Taxation 3,092 2.02
106,876 69.7
Total Equity and Liabilities 153,390 100%

Assets

NON - CURRENT ASSETS

Property, plant & equipment 22,212 14.5
Intangible assets 1,577 1.03
Long term investments 31,088 20.27
Long term Loans & advances 1,200 0.78
Long term deposits & prepayments 12 0.007
56,089 36.6
CURRENT ASSETS
Stores, spares and loose tools 3,811 2.48
Stock in trade 6,795 4.43
Trade debts 13,460 8.8
Loans and advances 1,795 1.17
Deposits and prepayments 51 0.03
Other receivables 17,653 11.51
Short term investments 48,041 31.32
Cash and bank balances 5,695 3.7
97,301 63.4
Total Assets 153,390 100%
Fauji Fertilizer Company Limited

Percentage Change (%)

2019 2018 2017 2016 2015
124.7 124.9 106.9 -85.9 100%
134.13 139.4 129.8 -97.99 100%
106.42 96.9 -62.6 -62.5 100%

121.6 129.6 125.83 104.99 100%

101.73 -86.75 -43.13 -49.4 100%

167.9 110.9 165.8 163.12 100%

149.25 -92.3 -71.41 -77.1 100%
-90.5 -84.11 -29.73 -36.75 100%
116.1 101.44 166.26 172.2 100%
-96.94 -88.5 -64.24 -71 100%
-85.86 -93.63 -65.01 -72.5 100%
102.05 -86.12 -63.88 -70.27 100%

rding to base year

% age 2016 % age 2015 % age

100% 72,877 100% 84,831 100%
80.05 54,827 75.23 55,949 65.95
19.95 18,050 24.77 28,882 34.05

9.45 7,154 9.81 6,814 8.03

 10.5 10,896 15.1 22,068 26.01

2.7 2,406 3.3 1,475 1.74

1.8 1,761 2.42 2,284 2.7
6 6,729 9.23 18,309 21.6
11.35 10,665 14.6 6,194 7.3
17.35 17,394 23.9 24,503 28.9
5.5 5,612 7.7 7,737 9.12
11.81 11,782 16.2 16,766 19.76

9.26 13.18

(RS in M) Percentage Change

2016 2015 2019 2018 2017 2016 2015

12,722 12,722 100 100 100 100 100%

160 160 100 100 100 100 100%
15,329 14,429 157 142 114.14 106.24 100%
28,211 27,311 130 122 107.47 103.3 100%

16,653 15,893 -40.73 -54.01 -97.9 104.8 100%

100%
4,812 4,600 -95.9 -99.5 102.11 104.61 100%
21,465 20,493 -53.42 -64.23 -98.9 104.74 100%

10,504 7,500 1,013 807.9 517.08 140.1 100%

 321 268 252.24 111.9 -71.3 119.8 100%
22,177 18,021 120.9 158.3 -64.03 123.1 100%
408 614 -88.27 104.1 -71.2 -66.45 100%
6,434 4,510 104.46 160.5 154.5 142.7 100%
100%
1,249 1,413 218.8 186.98 -87.04 -88.4 100%
41,093 32,326 330.62 309.2 182.5 127.1 100%
90,769 80,130 191.43 182.8 135.6 113.3 100%

21,233 21,382 103.88 100.71 104.3 -99.3 100%

1,585 1,577 100 -99.8 100.5 100.5 100%
29,656 29,129 106.7 -92.34 -95.7 101.8 100%
934 814 147.4 136.8 118.7 114.7 100%
14 13 -92.31 107.7 107.69 107.69 100%
53,422 52,915 105.99 -96.6 -99.7 100.9 100%

3,428 3,396 112.22 102.3 102.9 100.9 100%

4,237 5,100 133.23 253.6 -7.7 -83.07 100%
4,306 1,774 758.73 207.33 209.8 242.7 100%
903 1,025 175.12 103.41 159.4 -88.09 100%
50 39 130.8 210.26 200 128.2 100%
7,752 2,807 628.9 560.21 497.5 276.2 100%
14,144 10,335 464.8 528.15 298.8 136.8 100%
2,526 2,739 207.9 139.4 -62.5 -92.22 100%
37,347 27,215 457.5 350.37 205.3 137.2 100%
90,769 80,130 191.43 182.8 135.6 113.3 100%

rding to base year

 2018 % age 2017 % age 2016 % age 2015 % age

12,722 8.7 12,722 11.71 12,722 14.01 12,722 15.9

160 0.11 160 0.15 160 0.18 160 0.2
20,501 14 16,470 15.16 15,329 16.9 14,429 18.01
33,383 22.8 29,352 27.02 28,211 31.1 27,311 34.08

8,584 5.86 15,572 14.33 16,653 18.35 15,893 19.83

4,578 3.12 4,697 4.32 4,812 5.3 4,600 5.74

13,162 8.98 20,269 18.66 21,465 23.65 20,493 25.6

60,599 41.37 38,781 35.7 10,504 11.6 7,500 9.36

300 0.2 191 0.18 321 0.35 268 0.33
28,526 19.47 11,539 10.6 22,177 24.43 18,021 22.49
639 0.44 437 0.4 408 0.45 614 0.77
7,238 4.94 6,832 6.3 6,434 7.09 4,510 5.63

2,642 1.8 1,230 1.13 1,249 1.38 1,413 1.76

99,944 68.23 59,010 54.3 41,093 45.3 32,326 40.34
146,489 100% 108,631 100% 90,769 100% 80,130 100%

21,533 14.7 22,312 20.54 21,233 23.4 21,382 26.7

1,575 1.07 1,585 1.46 1,585 1.75 1,577 1.97
26,899 18.4 27,869 25.65 29,656 32.7 29,129 36.35
1,114 0.76 966 0.9 934 1.03 814 1.01
14 0.009 14 0.01 14 0.01 13 0.02
51,135 34.9 52,746 48.55 53,422 58.85 52,915 66.04

3,474 2.37 3,496 3.22 3,428 3.77 3,396 4.24

12,932 8.83 395 0.36 4,237 4.67 5,100 6.4
3,678 2.51 3,722 3.43 4,306 4.74 1,774 2.21
1,060 0.7 1,634 1.5 903 1 1,025 1.28
82 0.05 78 0.07 50 0.05 39 0.05
15,725 10.7 13,965 12.85 7,752 8.54 2,807 3.5
54,585 37.3 30,882 28.43 14,144 15.6 10,335 12.9
 3,818 2.61 1,712 1.6 2,526 2.78 2,739 3.42
95,354 65.1 55,885 51.44 37,347 41.14 27,215 33.96
146,489 100% 108,631 100% 90,769 100% 80,130 100%