PAKISTAN STATE OIL COMPANY LIMITED (PSO)

Exchange KARACHI STOCK EXCHAN

Country PAKISTAN Industry Oil & Gas Producers
CUSIP Y66744106 Sedol 6669416 ISIN PK0022501016

Annual Income Statement

06/30/2013
06/30/2014 PKR 06/30/2012 06/30/2011
PKR restated PKR PKR
Income Statement
Net Sales or Revenues 1,187,639.3 1,100,122.3 1,024,423.6 820,530.4
Operating Expenses - Total 1,164,143.6 1,078,901.3 999,824.0 805,423.6
Cost of Goods Sold 1,150,815.2 1,065,961.4 990,101.1 786,250.1
Selling, General & Admin Expenses 9,519.6 9,398.2 8,579.9 18,034.3
Depreciation, Depletion & Amortization 1,054.4 1,159.8 1,143.1 1,139.2
Depreciation 1,037.4 1,145.0 1,127.6 1,121.0
Amortization of Intangibles 17.1 14.9 15.5 18.2
Amortization of Deferred Charges 0.0 0.0 - -
Other Operating Expenses 2,754.4 2,381.9 0.0 0.0
Operating Income 23,495.7 21,221.1 24,599.6 15,106.8
Extraordinary Credit - Pretax - - 0.0 0.0
Extraordinary Charge - Pretax - - 0.0 0.0
Non-Operating Interest Income - - 7,106.6 3,730.9
Interest Expense On Debt 5,997.3 4,835.8 11,658.9 2,867.7
Pretax Equity In Earnings 541.5 571.1 - -
Reserves- Increase(Decrease) 0.0 0.0 0.0 0.0
Other Income/Expense - Net 14,929.3 2,253.2 (6,842.3) 1,487.8
Interest Capitalized 0.0 0.0 0.0 0.0
Pretax Income 32,969.2 19,209.6 13,204.9 17,457.7
Income Taxes 11,151.1 6,571.9 4,618.4 3,195.1
Current Domestic Income Tax 13,912.7 7,969.4 4,953.2 4,152.6
Current Foreign Income Tax - - 0.0 0.0
Deferred Domestic Income Tax (2,761.7) (1,397.6) (334.8) (957.5)
Deferred Foreign Income Tax - - 0.0 0.0
Income Tax Credits - - 0.0 0.0
Minority Interest 0.0 0.0 0.0 0.0
Equity In Earnings - - 469.5 516.8
After Tax Other Income/Expense 0.0 0.0 0.0 0.0
Discontinued Operations 0.0 0.0 0.0 0.0
Net Income Before Extra Items/Preferred Div 21,818.1 12,637.8 9,056.1 14,779.3
Extr Items & Gain(Loss) Sale of Assets 0.0 0.0 0.0 0.0
Net Income Before Preferred Dividends 21,818.1 12,637.8 9,056.1 14,779.3
Preferred Dividend Require 0.0 0.0 0.0 0.0
Net Income to Common Shareholders 21,818.1 12,637.8 9,056.1 14,779.3
EPS Incl Extraordinary Items 80.3 46.5 33.3 54.4
EPS - Continuing Operations 80.3 46.5 33.3 54.4
Dividend Per Share 7.6 4.2 3.5 6.3
Common Shares Used to Calc Diluted EPS 271,685,939.0 271,685,667.3 271,685,939.2 271,685,939.2
Market Cap 89,438.94 Scale 1,000,000
Shares Outstanding 271.69

06/30/2010 06/30/2009
PKR PKR

742,758.0 612,695.6
730,152.8 620,221.4
713,591.7 609,685.5
15,378.7 9,339.2
1,182.4 1,194.3
1,137.6 1,141.7
44.8 52.6
- -
0.0 2.4
12,605.2 (7,525.8)
0.0 17.9
18.4 0.0
5,941.0 571.9
1,899.5 2,953.4
- -
0.0 0.0
818.5 (1,919.4)
0.0 0.0
17,446.8 (11,808.7)
8,913.6 (4,658.3)
3,880.3 (32.4)
0.0 0.0
5,033.3 (4,625.9)
0.0 0.0
0.0 0.0
0.0 0.0
 516.4 451.9
0.0 0.0
0.0 0.0
9,049.6 (6,698.5)
0.0 0.0
9,049.6 (6,698.5)
0.0 0.0
9,049.6 (6,698.5)
33.3 (24.7)
33.3 (24.7)
5.1 5.0
271,685,939.2 271,685,939.2