Jun-14

INCOME STATEMENT
Sales 2,346,881,987
Cost of Sales - 2,068,063,612
Gross Profit 278,818,375
Distribution cost -
Administrative/ Conversion Expense - 24,972,096
Operating profit 253,846,279
Other income -
Finance cost - 16,639,564
Profit before taxation 237,206,715
Taxation - 97,909,802
Profit after taxation PKR 139,296,913
EPS
DPS
O/S N/A
Depreciation and amortisation 2,216,710
EBITDA 256,062,989

CHANGES IN EQUITY
Retained earnings - opening (47,161,464)
Profit after taxation 139,296,913
Transfer to reserves -
Dividends (19,034,557)
Retained earnings - ending PKR 73,100,892

BALANCE SHEET
Property & equipment 8,822,299
Intangible assets -
Deferred tax asset -
Non-current assets 8,822,299
Stock in trade 130,126,330
Short term investments -
Trade debts 281,024,275
Advances, deposits and prepayments 72,143,397
Cash and bank balances 26,862,574
Current assets 510,156,576
Total assets PKR 518,978,875

Paid up capital -
Share deposit money -
Reserves -
Loan from director -
Share premium -
Long term loan -
Retained earnings 256,726,592
Total equity 256,726,592
Finance lease obligation 906,801
Long term loan -
Net defined benefit liability -
Non-current liabilities 906,801

Short term bank borrowing 92,384,561

Current Portion of Liabilities against Lease/Finance lease obligation 631,512
Provision for taxation -
Trade creditors 152,945,993
Current Maturity of Long Term Loan
Accrued and other liabilities 15,383,416
Current liabilities 261,345,482
Total liabilities 262,252,283
Total equity and liabilities PKR 518,978,875

CASH FLOW
Profit before tax 237,206,715
Adjustments for:
Gain on disposal of fixed assets -
Finance cost 16,639,564
Depreciation & amortization 2,216,710
Provisions -
Deferred liabilities -
256,062,989
Current assets
Stock in trade (4,975,402)
Trade debts (281,210,204)
Advances, deposits and prepayments -
Current liabilities
Trade creditors 152,945,993
Accrued and other liabilities (120,350)
Working capital changes (133,359,963)

Cash generated from operations 122,703,026

Income tax paid (97,909,802)
Financial Charges, Interest and Gratuity
Net cash generated from operating activities 24,793,224

Addition in fixed assets (941,880)

Short term investments -
Sales proceeds on disposal of fixed assets -
Net cash generated from investing activities (941,880)

Short term financing 6,259,450

Long term Loan -
Finance cost paid (16,639,564)
Partners contribution / share capital 31,577,000
Partners Drawings / dividends/loan repayment (19,034,557)
Finance lease obligation (2,315,544)
Net cash generated from financing activities (153,215)

Net change in cash and cash equivalents 23,698,129

Cash and cash equivalents at the start of the year 3,164,445
Cash and cash equivalents at the end of the year PKR 26,862,574
Check -

RATIOS
Sales Growth
EBITDA Growth
Net Profit Growth
Distribution expenses as a % of Sales
Administrative expenses as a % of Sales
Finance cost as a % of Operating profit
Gross Margin
EBITDA Margin
Operating Margin
Net Margin
Earnings per Share
Diluted EPS
Book Value per Share
Dividend per Share
Return on Equity
Return on Assets
Current Ratio
Quick Ratio
Asset Turnover Times
Inventory Turnover Days
Receivables Turnover Days
Payables Turnover Days
Working Capital Cycle Days
Interest Coverage (x)
DSCR
Debt to Equity Ratio
Debt to Assets Ratio
Debt to EBITDA Ratio
Long Term Debt to Equity Ratio
Long Term Debt to Assets Ratio
Long Term Debt to EBITDA Ratio
No. of Shares N/A
15.89
Capital Structure:
Long Term Debt 906,801
Short Term Debt 93,016,073
Total Debt 93,922,874
Equity 256,726,592
Total Capital PKR 350,649,466
 Jun-15 Jun-16 Jun-17

5,897,073,859 10,012,681,415 13,274,902,883

- 5,179,336,189 - 8,690,347,262 - 11,432,935,564
717,737,670 1,322,334,153 1,841,967,319
- - 81,781,117 - 204,316,172
- 48,044,188 - 106,430,088 - 183,626,045
669,693,482 1,134,122,948 1,454,025,102
- 335,242 -
- 31,545,865 - 48,276,734 - 146,343,513
638,147,617 1,086,181,456 1,307,681,589
- 236,863,635 - 506,334,644 - 633,371,204
401,283,982 579,846,812 674,310,385

N/A N/A N/A

6,534,328 21,062,198 16,820,773
676,227,810 1,155,185,146 1,470,845,875

256,726,592 626,002,101 1,133,430,591

401,283,982 579,846,812 674,310,385
- - (869,858,077)
(32,008,473) (72,418,323) -
626,002,101 1,133,430,590 937,882,899

26,625,248 49,504,273 92,712,366

- - 6,148,000
- - -
26,625,248 49,504,273 98,860,366
669,589,179 954,132,625 1,789,201,539
- - -
940,772,451 2,127,131,734 2,068,719,795
53,176,363 199,377,253 1,496,804,107
40,834,913 549,843,810 335,100,768
1,704,372,906 3,830,485,422 5,689,826,209
1,730,998,154 3,879,989,695 5,788,686,575

- - 500,000,000
- - 870,024,808
- - -
- - -
- - -
- - -
626,002,101 1,133,430,591 754,257,198
626,002,101 1,133,430,591 2,124,282,006
 9,210,107 6,880,128 12,002,253
- - -
- - 1,994,260
9,210,107 6,880,128 13,996,513

559,937,318 1,090,223,240 2,046,107,803

2,897,220 5,437,318 10,297,275
- - -
415,131,097 1,298,947,330 1,551,707,679
-
117,820,311 345,071,089 42,295,299
1,095,785,946 2,739,678,977 3,650,408,056
1,104,996,053 2,746,559,105 3,664,404,569
1,730,998,154 3,879,989,696 5,788,686,575

638,147,617 1,086,181,456 1,307,681,589

- - -
31,545,865 48,276,734 -
6,534,328 21,062,198 16,820,773
- - 24,753,083
- - 1,994,260
676,227,810 1,155,520,388 1,351,249,705

(539,462,849) (284,543,446) (835,068,914)

(659,748,176) (1,186,359,283) 58,411,939
18,967,034 (146,200,890) (1,297,426,854)

262,185,104 883,816,233 252,760,349

102,436,895 227,250,778 (302,775,790)
(815,621,992) (506,036,608) (2,124,099,270)

(139,394,182) 649,483,780 (772,849,565)

(236,863,635) (506,334,644) (633,371,204)

(376,257,817) 143,149,136 (1,406,220,769)

(24,337,277) (43,941,223) (65,982,254)

- - -
- - -
(24,337,277) (43,941,223) (65,982,254)

467,552,757 530,285,922 955,884,563

- - -
(31,545,865) (48,276,734) -
- - 291,593,335
(32,008,473) (72,418,323) -
 10,569,014 210,119 9,982,082
414,567,433 409,800,984 1,257,459,980

13,972,339 509,008,897 (214,743,043)

26,862,574 40,834,913 549,843,810
40,834,913 549,843,810 335,100,767
- - -
- -
-

N/A N/A N/A

7.74 9.11 6.39

9,210,107 6,880,128 12,002,253

562,834,538 1,095,660,558 2,056,405,078
572,044,645 1,102,540,686 2,068,407,331
626,002,101 1,133,430,591 2,124,282,006
1,198,046,746 2,235,971,277 4,192,689,337
 Jun-18 Jun-19 Jun-20

24,151,333,289 29,785,527,173 43,007,647,183

- 21,004,142,384 - 25,799,238,072 - 38,237,702,770
3,147,190,905 3,986,289,101 4,769,944,413
- 268,718,815 - 306,776,234 - 518,971,962
- 246,632,963 - 433,313,932 - 476,889,706
2,631,839,127 3,246,198,935 3,774,082,745
46,334,692 175,788,714 167,722,316
- 387,892,302 - 827,312,404 - 1,397,970,559
2,290,281,517 2,594,675,245 2,543,834,502
- 1,056,413,539 - 1,114,816,676 - 1,079,619,432
1,233,867,978 1,479,858,569 1,464,215,070
6.24 5.16
- -
N/A 237,260,274 283,698,630
23,774,358 34,276,634 61,689,189
2,655,613,485 3,280,475,569 3,835,771,934
5.5%

937,882,899 1,047,468,871 707,923,291

1,233,867,978 1,479,858,569 1,464,215,070
(422,428,542) (1,819,404,149) (500,792,514)
(701,853,464) - -
1,047,468,871 707,923,291 1,671,345,847

125,019,570 109,076,614 476,972,145

5,340,951 3,871,532 8,808,487
- 209,578,554 81,263,214
130,360,521 322,526,700 567,043,846
2,171,261,312 1,118,356,125 4,610,051,895
1,226,380,000 2,507,897,178 726,246,877
3,881,780,720 5,125,052,372 4,655,311,735
2,385,688,520 5,611,711,180 9,602,055,974
391,057,172 281,979,820 814,288,761
10,056,167,724 14,644,996,675 20,407,955,242
10,186,528,245 14,967,523,375 20,974,999,088

1,000,000,000 2,500,000,000 3,000,000,000

560,751,424 - -
231,701,926 44,559,977 44,559,977
- 29,331,568 21,557,155
- - -
- 42,744,954 42,744,954
863,843,170 524,297,590 1,487,720,145
2,656,296,520 3,140,934,089 4,596,582,231
 29,865,484 22,287,795 295,102,166
- 757,255,046 412,818,848
17,126,561 23,057,845 29,188,759
46,992,045 802,600,686 737,109,773

4,241,604,363 7,082,252,551 8,183,936,642

14,827,538 11,238,396 75,384,670
69,010,158 219,494,778 196,994,778
3,108,384,286 3,272,012,005 6,481,639,315
- - 415,028,414
49,413,335 438,990,870 288,323,265
7,483,239,680 11,023,988,600 15,641,307,084
7,530,231,725 11,826,589,286 16,378,416,857
10,186,528,245 14,967,523,375 20,974,999,088
- -

2,290,281,517 2,594,675,245 2,543,834,502

- - -
387,892,302 827,312,404 1,397,970,559
23,774,358 34,276,634 61,689,189
69,010,158 (59,093,934) 105,815,340
15,132,301 5,931,284 6,130,914
2,786,090,636 3,403,101,633 4,115,440,504

(382,059,773) 1,052,905,187 (3,491,695,770)

(1,813,060,925) (1,243,271,652) 469,740,637
(888,884,413) (3,226,022,660) (3,990,344,794)

1,556,676,607 163,627,719 3,209,627,310

7,118,036 389,577,535 (150,667,605)
(1,520,210,468) (2,863,183,871) (3,953,340,222)

1,265,880,168 539,917,762 162,100,282

(1,056,413,539) (1,114,816,676) (1,079,619,432)

209,466,629 (574,898,914) (917,519,150)

(55,274,513) (16,864,259) (434,521,675)

(1,226,380,000) (1,281,517,178) 1,781,650,301
- - -
(1,281,654,513) (1,298,381,437) 1,347,128,626

2,195,496,560 2,840,648,188 1,516,712,505

- 800,000,000 (344,436,198)
(387,892,302) (827,312,404) (1,397,970,559)
- (1,037,965,954) (8,566,927)
(701,853,464) - -
 22,393,494 (11,166,831) 336,960,645
1,128,144,288 1,764,202,999 102,699,466

55,956,404 (109,077,352) 532,308,942

335,100,767 391,057,171 281,979,819
391,057,171 281,979,819 814,288,761
- - -

N/A 237,260,274 283,698,630

9.67 23.07 8.29

29,865,484 779,542,841 707,921,014

4,256,431,901 7,093,490,947 8,674,349,726
4,286,297,385 7,873,033,788 9,382,270,740
2,656,296,520 3,140,934,089 4,596,582,231
6,942,593,905 11,013,967,877 13,978,852,971
 Dec-20

28,123,770,180
- 25,509,600,016
2,614,170,164
- 284,859,246
- 311,764,371
2,017,546,547
51,068,568
- 570,052,762
1,498,562,353
- 539,581,045
958,981,308
3.20
-
300,000,000
86,757,139
2,104,303,686

1,099,719,115
12,566,641
26,269,910
1,138,555,666
3,751,251,505
732,528,390
4,781,537,916
6,487,808,787
778,664,831
16,531,791,429
17,670,347,095

3,000,000,000
-
44,559,977
-
-
42,744,954
2,445,944,472
5,533,249,403
 458,550,908
428,716,154
31,496,285
918,763,347

6,464,457,447
107,503,073
193,582,966
3,755,739,814
444,822,128
252,228,917
11,218,334,345
12,137,097,692
17,670,347,095
-
 300,000,000
6.80

887,267,062
7,016,782,648
7,904,049,710
5,533,249,403
13,437,299,113