Mari Petroleum Company Limited

Interim Financial Information

(Un-audited)
For the 3rd Quarter Ended
March 31, 2016
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Board of Directors 03

Directors’ Review 04

Condensed Interim Balance Sheet 12

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Condensed Interim Statement of Comprehensive Income 15

Condensed Interim Cash Flow Statement 16

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BOARD OF DIRECTORS
1. Lt Gen Khalid Nawaz Khan (Retd) Chairman
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2. Lt Gen Nadeem Ahmed (Retd)

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4. Dr Nadeem Inayat
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6. Brig Raashid Wali Janjua (Retd)

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7. Mr Sabino Sikandar Jalal

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8. Qazi Mohammad Saleem Siddiqui

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9. Mr Shahid Yousaf
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10. Mr Zahid Mir

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11. Mr Ahmed Hayat Lak

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12. Mr Shahid Ghaffar

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13. Engr S. H. Mehdi Jamal

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MARI SERVICES DIVISION

Seismic Acquisition
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For the 3rd Quarter Ended March 31, 2016 

 Completed Projects:
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ACKNOWLEDGEMENT
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,VODPDEDG Lt Gen Khalid Nawaz Khan, HI (M), SE, (Retd)

$SULO Chairman

For the 3rd Quarter Ended March 31, 2016 11

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Note 31.03.2016 
(Rupees in thousand)
EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

$XWKRUL]HGFDSLWDO
-XQHRUGLQDU\VKDUHVRI5VHDFK 2,500,000 
-XQHSUHIHUHQFHVKDUHVRI5VHDFK 10,590,001 
13,090,001 

,VVXHGVXEVFULEHGDQGSDLGXSFDSLWDO 5 1,102,500 

8QGLVWULEXWHGSHUFHQWDJHUHWXUQUHVHUYH 6 265,493 
([SORUDWLRQHYDOXDWLRQDQGGHYHORSPHQWUHVHUYH  9,921,594 
&DSLWDOUHGHPSWLRQUHVHUYHIXQG  2,076,485 
5HVHUYHIRU0DUL6HLVPLF8QLW  1,007,247 
&DSLWDOH[SHQGLWXUHUHVHUYH 10 395,400 -
3URÀWDQGORVVDFFRXQW 11 122,194 
14,890,913 
NON CURRENT LIABILITIES
5HGHHPDEOHSUHIHUHQFHVKDUHVXQVHFXUHG 12 8,282,505 
/RQJWHUPÀQDQFLQJVHFXUHG 13 1,000,000 -
'HIHUUHGOLDELOLWLHV 14 6,164,590 
15,447,095 
CURRENT LIABILITIES

7UDGHDQGRWKHUSD\DEOHV 15 28,520,097 

&XUUHQWPDWXULW\RIUHGHHPDEOHSUHIHUHQFHVKDUHV 12 1,338,423 
&XUUHQWPDWXULW\RIORQJWHUPÀQDQFLQJ 13 - 
6KRUWWHUPUXQQLQJÀQDQFHVHFXUHG 16 1,000,000 -
,QWHUHVWDFFUXHGRQÀQDQFLQJ 1,818,439 
32,676,959 

CONTINGENCIES AND COMMITMENTS 

63,014,967 

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Managing Director / CEO

12 Mari Petroleum Company Limited

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Note 31.03.2016 
(Rupees in thousand)

ASSETS

NON CURRENT ASSETS

3URSHUW\SODQWDQGHTXLSPHQW  9,733,190 

'HYHORSPHQWDQGSURGXFWLRQDVVHWV  2,481,989 
([SORUDWLRQDQGHYDOXDWLRQDVVHWV 20 11,297,693 
/RQJWHUPORDQVDGYDQFHVGHSRVLWVDQGSUHSD\PHQWV 43,207 
Deferred income tax asset 2,914,726 
26,470,805 

CURRENT ASSETS

Stores and spares 1,951,194 

7UDGHGHEWV 21 28,099,647 
/RDQVDGYDQFHVSUHSD\PHQWVDQGRWKHUUHFHLYDEOHV 22 2,339,320 
Income tax paid in advance 1,553,364 
&DVKDQGEDQNEDODQFHV 23 2,600,637 
36,544,162 

63,014,967 

Qaiser Javed
Director

For the 3rd Quarter Ended March 31, 2016 13

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Three months ended Nine months ended
Note 31.03.2016  31.03.2016 
(Rupees in thousand) (Rupees in thousand)
*URVVVDOHVWRFXVWRPHUV 24 24,285,777  69,739,683 
*DVGHYHORSPHQWVXUFKDUJH 6,637,395  19,307,764 
General sales tax 3,482,243  9,913,579 
([FLVHGXW\ 420,353  1,252,341 
*DVLQIUDVWUXFWXUHGHYHORSPHQWFHVV 7,927,077  23,620,399 
:LQGIDOOOHY\ 412  200,435 
18,467,480  54,294,518 
Sales - net 5,818,297  15,445,165 
5R\DOW\ 727,287  1,955,676 
5,091,010  13,489,489 

2SHUDWLQJH[SHQVHV 25 1,444,948  4,170,035 

([SORUDWLRQDQGSURVSHFWLQJH[SHQGLWXUH 26 1,798,909  5,142,965 
2WKHUFKDUJHV 129,303  295,724 
3,373,160  9,608,724 
1,717,850  3,880,765 
2WKHULQFRPHH[SHQVHV  332,777  1,030,445 
2SHUDWLQJSURÀW 2,050,627  4,911,210 
Finance income  103,217  308,320 
Finance cost  399,008  1,206,125 
3URÀWEHIRUHWD[DWLRQ 1,754,836  4,013,405 
Provision for taxation 30 (81,931)  122,585 
3URÀWIRUWKHSHULRG 1,836,767  3,890,820 
Earnings per share - basic and diluted
(DUQLQJVSHURUGLQDU\VKDUH5XSHHV 31 16.66  35.29 

'LVWULEXWDEOHHDUQLQJVSHURUGLQDU\VKDUH5XSHHV 31 1.38  4.11 

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Managing Director / CEO Director

14 Mari Petroleum Company Limited

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31.03.2016  31.03.2016 
(Rupees in thousand) (Rupees in thousand)

3URÀWIRUWKHSHULRG 1,836,767  3,890,820 

2WKHUFRPSUHKHQVLYHLQFRPH - - - -

7RWDOFRPSUHKHQVLYHLQFRPHIRUWKHSHULRG 1,836,767  3,890,820 

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'LVWULEXWDEOHSURÀWV 152,030  452,944 
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reserve 1,215,546 - 1,681,073 -
7UDQVIHUWRFDSLWDOUHGHPSWLRQUHVHUYHIXQG 258,828  776,485 
7UDQVIHUWRUHVHUYHIRU0DUL6HLVPLF8QLW 197,882 - 584,918 -
7UDQVIHUWRFDSLWDOH[SHQGLWXUHUHVHUYH 12,481 - 395,400 -
7UDQVIHUWRSURÀWDQGORVVDFFRXQWXQDSSURSULDWHG
EDODQFH -  - 
1,836,767  3,890,820 

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Managing Director / CEO Director

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31.03.2016 
(Rupees in thousand)
&DVKÁRZVIURPRSHUDWLQJDFWLYLWLHV
&DVKUHFHLSWVIURPFXVWRPHUV 74,210,752 
Cash paid to the Government for Government levies (64,400,202) 
&DVKSDLGWRVXSSOLHUVHPSOR\HHVDQGRWKHUV (6,537,476) 
Income tax paid (1,186,551) 

&DVKÁRZIURPRSHUDWLQJDFWLYLWLHV 2,086,523 

&DVKÁRZVIURPLQYHVWLQJDFWLYLWLHV

&DSLWDOH[SHQGLWXUH (4,370,238) 

3URFHHGVIURPGLVSRVDORISURSHUW\SODQWDQGHTXLSPHQW 6,050 
Interest received 182,024 
&DVKÁRZIURPLQYHVWLQJDFWLYLWLHV (4,182,164) 

&DVKÁRZVIURPÀQDQFLQJDFWLYLWLHV

/RQJWHUPÀQDQFLQJUHFHLYHG 1,000,000 

/RQJWHUPÀQDQFLQJUHSDLG (332,505) 
6KRUWWHUPUXQQLQJÀQDQFHUHFHLYHG 1,000,000 -
Redemption of preference shares (969,073) -
Finance cost paid (77,866) 
Dividends paid (824,913) 
&DVKÁRZIURPÀQDQFLQJDFWLYLWLHV (204,357) 
Decrease in cash and bank balances (2,299,998) 
&DVKDQGEDQNEDODQFHVDWEHJLQQLQJRIWKHSHULRG 4,900,635 
&DVKDQGEDQNEDODQFHVDWHQGRIWKHSHULRG 2,600,637 

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Managing Director / CEO Director

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Issued, Undistribut- Exploration,
subscribed ed percent- evaluation and Capital Reserve for Capital
and paid up age return development redemption Mari Seismic expenditure 3URÀWDQG
capital reserve reserve reserve fund Unit reserve loss account Total
(Rupees in thousand)
Balance as at June 30, 2014 918,750 414,014 4,584,270 - 1,155,725 - 9,749,472 16,822,231

7RWDOFRPSUHKHQVLYHLQFRPHIRUWKHSHULRG

3URÀWIRUWKHSHULRG - - - - - -  

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- - - - - -  
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7UDQVIHUWRUHGHHPDEOHSUHIHUHQFHVKDUHVQRWH - - - -  -  
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7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRFDSLWDO
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UHGHPSWLRQUHVHUYHIXQG
Balance as at March 31, 2015 1,102,500 230,264 4,584,270 794,975 - - 3,427,258 10,139,267
7RWDOFRPSUHKHQVLYHLQFRPHIRUWKHSHULRG
3URÀWIRUWKHSHULRG - - - - - -  
2WKHUFRPSUHKHQVLYHLQFRPH - - - - - -  
 
Dividends - - - - - -  
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWR
XQGLVWULEXWHGSHUFHQWDJHUHWXUQUHVHUYH -  - - - -  -
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRFDSLWDO
UHGHPSWLRQUHVHUYHIXQG - - -  - -  -
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRH[SORUDWLRQ
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7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRUHVHUYHIRU
0DUL6HLVPLF8QLW - - - -  -  -
Balance as at June 30, 2015 1,102,500 395,331 8,240,521 1,300,000 422,329 - 35,537 11,496,218
7RWDOFRPSUHKHQVLYHLQFRPHIRUWKHSHULRG
3URÀWIRUWKHSHULRG - - - - - -  
2WKHUFRPSUHKHQVLYHLQFRPH - - - - - - - -
- - - - - -  
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First interim cash dividend - - - - - -  
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRH[SORUDWLRQ
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UHGHPSWLRQUHVHUYHIXQG - - -  - -  -
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRFDSLWDO
H[SHQGLWXUHUHVHUYH - - - - -   -
7UDQVIHUIURPSURÀWDQGORVVDFFRXQWWRUHVHUYHIRU
0DUL6HLVPLF8QLW - - - -  -  -
Balance as at March 31, 2016 1,102,500 265,493 9,921,594 2,076,485 1,007,247 395,400 122,194 14,890,913

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1. LEGAL STATUS AND OPERATIONS
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2. STATEMENT OF COMPLIANCE
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3. ACCOUNTING POLICIES
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HVWLPDWLRQDQGWKHPHWKRGVRIFRPSXWDWLRQDGRSWHGLQWKHSUHSDUDWLRQRIWKLVFRQGHQVHGLQWHULPÀQDQFLDOLQIRUPDWLRQ
DUHWKHVDPHDVWKRVHDSSOLHGLQWKHSUHSDUDWLRQRIWKHÀQDQFLDOVWDWHPHQWVIRUWKH\HDUHQGHG-XQHH[FHSW
IRUWKHDGRSWLRQRIQHZDQGDPHQGHGVWDQGDUGVZKLFKEHFDPHDSSOLFDEOHIRUWKHFXUUHQWUHSRUWLQJSHULRG

4. REVISION IN MARI WELLHEAD GAS PRICE FORMULA

 7KH SUHYLRXV JDV SULFH PHFKDQLVP IRU 0DUL ÀHOG ZDV JRYHUQHG E\ 0DUL *DV :HOO +HDG 3ULFH $JUHHPHQW ´WKH
$JUHHPHQWµGDWHG'HFHPEHUEHWZHHQWKH3UHVLGHQWRI,VODPLF5HSXEOLFRI3DNLVWDQDQGWKH&RPSDQ\
(IIHFWLYH-XO\WKH$JUHHPHQWKDVEHHQUHSODFHGZLWKUHYLVHG0DUL:HOOKHDG*DV3ULFH$JUHHPHQW
´5HYLVHG $JUHHPHQWµ GDWHG -XO\   LQ OLQH ZLWK WKH (FRQRPLF &RRUGLQDWLRQ &RPPLWWHH (&& GHFLVLRQ
H[SODLQHGEHORZ

(IIHFWLYH-XO\WKHFRVWSOXVZHOOKHDGJDVSULFLQJIRUPXODZDVUHSODFHGZLWKDFUXGHRLOSULFHOLQNHGIRUPXOD
ZKLFKSURYLGHVDGLVFRXQWHGZHOOKHDGJDVSULFHWREHJUDGXDOO\DFKLHYHGLQÀYH\HDUVIURP-XO\0DULÀHOG
ZHOOKHDGJDVSULFHIRUWKHSHULRGKDVEHHQGHWHUPLQHGLQOLQHZLWKWKHUHYLVHGIRUPXODDVDSSURYHGE\(&&7KH
UHYLVHGIRUPXODSURYLGHVGLYLGHQGGLVWULEXWLRQWREHFRQWLQXHGIRUQH[WWHQ\HDUVLQOLQHZLWKWKHSUHYLRXVFRVWSOXV
IRUPXOD$FFRUGLQJO\WKHVKDUHKROGHUVDUHHQWLWOHGWRDPLQLPXPUHWXUQRIQHWRIDOOWD[HVRQVKDUHKROGHUV·
IXQGVZKLFKLVWREHHVFDODWHGLQWKHHYHQWRILQFUHDVHLQWKH&RPSDQ\·VJDVRUHTXLYDOHQWRLOSURGXFWLRQEH\RQG
WKHOHYHORI006&)'DWWKHUDWHRIQHWRIDOOWD[HVRQVKDUHKROGHU·VIXQGVIRUHDFKDGGLWLRQDO006&)'
RIJDVRUHTXLYDOHQWRLOSURGXFHGSURUDWHGIRUSDUWWKHUHRIRQDQQXDOEDVLVVXEMHFWWRDPD[LPXPRI$Q\
UHVLGXDOSURÀWVIRUWKHQH[WWHQ\HDUVDUHWREHUHLQYHVWHGIRUH[SORUDWLRQDQGGHYHORSPHQWDFWLYLWLHVLQ0DULDVZHOODV
RXWVLGH0DULÀHOG8QGHUWKHUHYLVHGIRUPXODWKH*RYHUQPHQWRI3DNLVWDQZLOOQRPRUHSURYLGHH[SORUDWLRQIXQGVWR
WKH&RPSDQ\7KH&RPSDQ\KDVLVVXHGQRQYRWLQJQRQFXPXODWLYHUHGHHPDEOHSUHIHUHQFHVKDUHVGXULQJWKH\HDU
HQGHG-XQHDJDLQVWXQGLVWULEXWDEOHEDODQFHRISURÀWDQGORVVDFFRXQWDW-XQHDQG*RYHUQPHQW·V
LQYHVWPHQWLQ0DUL6HLVPLF8QLWDPRXQWLQJWR5VPLOOLRQ

 Mari Petroleum Company Limited

 Note 31.03.2016 
(Rupees in thousand)
5. ISSUED, SUBSCRIBED AND PAID UP CAPITAL
-XQHRUGLQDU\VKDUHVRI
5VHDFKLVVXHGIRUFDVK 248,500 
-XQHRUGLQDU\VKDUHVRI
5VHDFKLVVXHGIRUFRQVLGHUDWLRQRWKHUWKDQFDVK 119,000 
-XQHRUGLQDU\VKDUHVRI
5VHDFKLVVXHGDVERQXVVKDUHV 5.1 735,000 
1,102,500 
5.1 %RQXVVKDUHVWRWDOOLQJDVDW0DUFK-XQHKDYHQRWEHHQLVVXHGSHQGLQJ
UHVROXWLRQRILVVXHUHODWLQJWRGHGXFWLRQRIZLWKKROGLQJWD[RQLVVXDQFHRIERQXVVKDUHV

6. UNDISTRIBUTED PERCENTAGE RETURN RESERVE

7KHDPRXQWKHOGLQWKLVUHVHUYHUHSUHVHQWVWKHEDODQFHRIWKHSHUFHQWDJHUHWXUQUHVHUYHRQ6KDUHKROGHUV·)XQGV
DVUHIHUUHGWRLQWKH5HYLVHG$JUHHPHQW
Nine months ended Year ended
Note 31.03.2016 
(Rupees in thousand)
2SHQLQJEDODQFH 395,331 
%RQXVVKDUHVLVVXHG - 
)LQDOGLYLGHQGIRUWKH\HDUHQGHG-XQH 6.1 (129,838) -
7UDQVIHUUHGIURPSURÀWDQGORVVDFFRXQW - 
&ORVLQJEDODQFH 265,493 

6.1 7KH%RDUGRI'LUHFWRUVLQLWVPHHWLQJKHOGRQ$XJXVWKDGSURSRVHGDÀQDOFDVKGLYLGHQGIRUWKH\HDU
HQGHG-XQH#5VSHUVKDUHDPRXQWLQJWR5VPLOOLRQZKLFKZDVVXEVHTXHQWO\DSSURYHG
E\WKHVKDUHKROGHUVLQ$QQXDO*HQHUDO0HHWLQJKHOGRQ6HSWHPEHU2XWRIWKLV5VPLOOLRQKDV
EHHQDSSURSULDWHGRXWRIXQGLVWULEXWHGSHUFHQWDJHUHWXUQUHVHUYHZKLOHWKHEDODQFHDPRXQWRI5VPLOOLRQ
UHSUHVHQWVXQGLVWULEXWHGUHWXUQIRUWKH\HDUHQGHG-XQH
Nine months ended Year ended
31.03.2016 
(Rupees in thousand)
7. EXPLORATION, EVALUATION AND DEVELOPMENT RESERVE
2SHQLQJEDODQFH 8,240,521 
7UDQVIHUUHGIURPSURÀWDQGORVVDFFRXQW 1,681,073 
&ORVLQJEDODQFH 9,921,594 

For the 3rd Quarter Ended March 31, 2016 

8. CAPITAL REDEMPTION RESERVE FUND
7KLVUHVHUYHKDVEHHQFUHDWHGWRUHGHHPUHGHHPDEOHSUHIHUHQFHVKDUHVLQWKHIRUPRIFDVKWRWKHSUHIHUHQFH
VKDUHKROGHUVDVH[SODLQHGLQQRWH

9. RESERVE FOR MARI SEISMIC UNIT Nine months ended Year ended
31.03.2016 
(Rupees in thousand)
2SHQLQJEDODQFH 422,329 
7UDQVIHUUHGIURPSURÀWDQGORVVDFFRXQW 584,918 
&ORVLQJEDODQFH 1,007,247 

9.1 7KH&RPSDQ\KDVHVWDEOLVKHGLWVRZQVWDWHRIWKHDUW0DUL6HLVPLF8QLW068IRUWKHDFTXLVLWLRQRI'DQG'

VHLVPLFGDWD

10. CAPITAL EXPENDITURE RESERVE

7KLVUHVHUYHUHSUHVHQWVWKHFDSLWDOH[SHQGLWXUHUHTXLUHPHQWVRIWKH&RPSDQ\

11. PROFIT AND LOSS ACCOUNT

Distributable balance 31.03.2016 
(Rupees in thousand)

8QGLVWULEXWHGUHWXUQ 122,194 

7KH&RPSDQ\KDVGLVWULEXWHGÀUVWLQWHULPGLYLGHQG#5VSHUVKDUHDPRXQWLQJWR5VPLOOLRQDV

DSSURYHGLQWKH%2'PHHWLQJKHOGRQ)HEUXDU\%DODQFHDVDW0DUFKUHSUHVHQWVGLVWULEXWDEOH
UHWXUQ#SHUDQQXPRQVKDUHKROGHUV·IXQGVIRUQLQHPRQWKVHQGHG0DUFK7KHDGGLWLRQDOUHWXUQ
RI5VPLOOLRQGLVWULEXWDEOHWRVKDUHKROGHUVRQDFFRXQWRILQFUHDVHGRLODQGJDVSURGXFWLRQIRUWKH\HDUHQGHG
-XQHKDVEHHQSDLGLQWKHFXUUHQWSHULRG

12. REDEEMABLE PREFERENCE SHARES - UNSECURED 31.03.2016 

(Rupees in thousand)
1RQYRWLQJQRQFXPXODWLYHUHGHHPDEOHSUHIHUHQFHVKDUHV 9,620,928 
&XUUHQWPDWXULW\ (1,338,423) 
8,282,505 

12.1 $VUHIHUUHGWRLQQRWHGXULQJWKH\HDUHQGHG-XQHWKH&RPSDQ\LVVXHGQRQYRWLQJQRQFXPXODWLYH
UHGHHPDEOHSUHIHUHQFHVKDUHVLQOLQHZLWKWKHDSSURYDORIWKH(&&RIWKH&DELQHWWRWUDQVIHUWKHXQGLVWULEXWDEOH
EDODQFHRISURÀWDQGORVVDFFRXQWDW-XQHDPRXQWLQJWR5VPLOOLRQLQWKHUDWLRRI5VIRU
HYHU\RUGLQDU\VKDUHKHOGLQIDYRXURIWKH*RYHUQPHQWRI3DNLVWDQDQGPLQRULW\VKDUHKROGHUVDWWKHSDUYDOXHRI5V
HDFK)XUWKHUWKH&RPSDQ\DOVRLVVXHGQRQYRWLQJQRQFXPXODWLYHUHGHHPDEOHSUHIHUHQFHVKDUHVLQUHVSHFW
RI*RYHUQPHQW·VLQYHVWPHQWLQ068DW-XQHDPRXQWLQJWR5VPLOOLRQDWSDUYDOXHRI5VHDFKWR
WKH*RYHUQPHQWRI3DNLVWDQ7KHVHSUHIHUHQFHVKDUHVUDQNSDULSDVVXLQWHUVHHDFKRWKHU3URÀWUDWHRQSUHIHUHQFH
VKDUHV LV RQH \HDU .,%25 SUHYDLOLQJ RQ WKH ODVW ZRUNLQJ GD\ RI HDFK ÀQDQFLDO \HDU SOXV  SHU DQQXP 7KH
SUHIHUHQFHVKDUHVDUHUHGHHPDEOHE\WKH&RPSDQ\LQ\HDUVWLPHLQWKHIRUPRIFDVKWRSUHIHUHQFHVKDUHKROGHUV
WKURXJKDVLQNLQJIXQGFUHDWHGRXWRIWKHSURÀWVRIWKH&RPSDQ\$VDW0DUFKSUHIHUHQFH
VKDUHV -XQH    KDYH QRW EHHQ LVVXHG SHQGLQJ UHVROXWLRQ RI LVVXH UHODWLQJ WR GHGXFWLRQ RI
ZLWKKROGLQJWD[RQLVVXDQFHRIERQXVVKDUHV

20 Mari Petroleum Company Limited

 7KH VKDUHKROGHUV LQ WKH $QQXDO *HQHUDO 0HHWLQJ KHOG RQ 6HSWHPEHU   KDYH DSSURYHG UHGHPSWLRQ RI
SUHIHUHQFH VKDUHV UHODWLQJ WR PLQRULW\ VKDUHKROGHUV RI WKH &RPSDQ\ DW SDU YDOXH DORQJ ZLWK SD\PHQW RI SURÀW
DFFUXHG XSWR UHGHPSWLRQ GDWH %RRN FORVXUH GDWH ZDV 6HSWHPEHU   3UHIHUHQFH VKDUHV RI 5V 
PLOOLRQKDYHEHHQUHGHHPHGWLOO0DUFK

13. LONG TERM FINANCING - SECURED

13.1 $ORQJWHUPÀQDQFHIDFLOLW\DPRXQWLQJWR5VPLOOLRQKDVEHHQDYDLOHGIURP0&%%DQN/LPLWHGIRUÀQDQFLQJ
IRXULQÀOOZHOOVLQ0DUL' 3/HDVH$UHD+DELE5DKL/LPHVWRQH5HVHUYRLU7KHHQWLUHDPRXQWRIIDFLOLW\ZDVGUDZQ
RQ'HFHPEHU0DUNXSIRUWKHVDLGORDQLVWREHSDLGVHPLDQQXDOO\LQDUUHDUVRQWKHRXWVWDQGLQJIDFLOLW\
DPRXQWDWVL[PRQWKV.,%25SHUDQQXP7KHHIIHFWLYHPDUNXSUDWHIRUWKHQLQHPRQWKVHQGHG0DUFK
ZDV1LOSHUDQQXP7KHORDQLVUHSD\DEOHLQWHQHTXDOVHPLDQQXDOLQVWDOOPHQWVDIWHUWZR\HDUV
JUDFHSHULRGIURPWKHGDWHRIÀUVWGLVEXUVHPHQW7KHORDQKDVEHHQGLVEXUVHGDJDLQVWDUDQNLQJK\SRWKHFDWLRQ
FKDUJHRYHUDOOSUHVHQWDQGIXWXUHDVVHWVH[FOXGLQJODQGDQGEXLOGLQJSHWUROHXPUHFRQQDLVVDQFHDQGH[SORUDWLRQ
OLFHQVHVDQGGHYHORSPHQWOHDVHVRIWKH&RPSDQ\DPRXQWLQJWR5VELOOLRQ5HOHYDQWGRFXPHQWVKDYHEHHQ
VXEPLWWHGWR6(&3IRUXSJUDGDWLRQRIWKLVFKDUJHWRDÀUVW3DUL3DVVXK\SRWKHFDWLRQFKDUJH

13.2 /RDQIRU=DUJKXQ6RXWKÀHOGGHYHORSPHQWKDVEHHQUHSDLGGXULQJWKHSHULRG

31.03.2016 
(Rupees in thousand)
14. DEFERRED LIABILITIES

Provision for decommissioning cost 5,604,904 

3URYLVLRQIRUHPSOR\HHEHQHÀWVXQIXQGHG 410,329 
3URYLVLRQIRUFRPSHQVDWHGOHDYHDEVHQFHV 146,700 
Deferred income 2,657 

6,164,590 
15. TRADE AND OTHER PAYABLES

Creditors 505,676 

$FFUXHGOLDELOLWLHV 3,021,286 
-RLQWYHQWXUHSDUWQHUV 457,890 
5HWHQWLRQDQGHDUQHVWPRQH\GHSRVLWV 51,600 
*UDWXLW\IXQGV 120,610 
*DVGHYHORSPHQWVXUFKDUJH 4,578,260 
General sales tax 2,772,982 
([FLVHGXW\ 42,660 
*DV,QIUDVWUXFWXUH'HYHORSPHQW&HVV*,'& 15,662,925 
5R\DOW\ 90,121 
:RUNHUV·:HOIDUH)XQG 908,845 
:RUNHUV·3URÀW3DUWLFLSDWLRQ)XQG 215,456 
Unclaimed dividend 10,140 
Unpaid dividend 81,646 

28,520,097 

For the 3rd Quarter Ended March 31, 2016 21

16. SHORT TERM RUNNING FINANCE - SECURED
$UXQQLQJÀQDQFHIDFLOLW\RI5VPLOOLRQKDVEHHQDUUDQJHGZLWK0&%%DQN/LPLWHGIRUPHHWLQJZRUNLQJFDSLWDO
UHTXLUHPHQWV DQG RSHUDWLQJ H[SHQVHV $Q DPRXQW RI 5V  PLOOLRQ ZDV GUDZQ DJDLQVW WKLV IDFLOLW\ RQ 0DUFK
7KHDPRXQWZDVIXOO\UHSDLGRQ$SULO0DUNXSIRUWKHVDLGORDQLVWREHSDLGTXDUWHUO\RQ
WKHRXWVWDQGLQJEDODQFHDYDLOHGDWRQHPRQWK.,%25SHUDQQXP7KHHIIHFWLYHPDUNXSUDWHIRUWKHQLQH
PRQWKVHQGHG0DUFKZDV1LOSHUDQQXP7KHHQWLUHDPRXQWRIWKHDYDLOHGORDQLVWREH
DGMXVWHGIURPWLPHWRWLPHDWOHDVWRQFHLQD\HDUIRUWKUHHFRQVHFXWLYHGD\V7KHIDFLOLW\LVVHFXUHGDJDLQVWDUDQNLQJ
K\SRWKHFDWLRQFKDUJHRYHUDOOSUHVHQWDQGIXWXUHDVVHWVH[FOXGLQJODQGDQGEXLOGLQJSHWUROHXPUHFRQQDLVVDQFHDQG
H[SORUDWLRQOLFHQVHVDQGGHYHORSPHQWOHDVHVRIWKH&RPSDQ\DPRXQWLQJWR5VELOOLRQ5HOHYDQWGRFXPHQWV
KDYHEHHQVXEPLWWHGWR6(&3IRUXSJUDGDWLRQRIWKLVFKDUJHWRDÀUVW3DUL3DVVXK\SRWKHFDWLRQFKDUJH

17. CONTINGENCIES AND COMMITMENTS

17.1 Contingencies
,QGHPQLW\ERQGVJLYHQWR&ROOHFWRURI&XVWRPVDJDLQVWGXW\FRQFHVVLRQVRQLPSRUWRIYHKLFOHVDPRXQWHGWR5V
PLOOLRQ-XQH5VPLOOLRQ
31.03.2016 
(Rupees in thousand)
17.2 Commitments

&DSLWDOH[SHQGLWXUH
6KDUHLQMRLQWYHQWXUHV 4,609,305 
0DULÀHOG 234,326 
4,843,631 

Nine months ended Year ended

31.03.2016 
(Rupees in thousand)
18. PROPERTY, PLANT AND EQUIPMENT

2SHQLQJERRNYDOXH 9,178,521 

0RYHPHQWGXULQJWKHSHULRG\HDU

$GGLWLRQV 515,901 

7DQJLEOHDVVHWVRI=DUJKXQÀHOGWUDQVIHUUHGIURPGHYHORSPHQWDQG
SURGXFWLRQDVVHWV - 
5HYLVLRQGXHWRFKDQJHLQHVWLPDWHVRIGHFRPPLVVLRQLQJFRVW - 
:ULWWHQGRZQYDOXHRIGLVSRVDOV (94,825) 
Depreciation (875,490) 
(454,414) 
8,724,107 
$GG&DSLWDOZRUNLQSURJUHVV 1,009,083 
&ORVLQJERRNYDOXH 9,733,190 

22 Mari Petroleum Company Limited

 Nine months ended Year ended
31.03.2016 
(Rupees in thousand)
19. DEVELOPMENT AND PRODUCTION ASSETS

2SHQLQJERRNYDOXH 2,187,715 

0RYHPHQWGXULQJWKHSHULRG\HDU

$GGLWLRQV 409,485 

7DQJLEOHDVVHWVRI=DUJKXQÀHOGWUDQVIHUUHGWRSURSHUW\SODQWDQGHTXLSPHQW - 
7UDQVIHUUHGWRH[SORUDWLRQDQGHYDOXDWLRQDVVHWV - 
5HYLVLRQGXHWRFKDQJHLQHVWLPDWHVRISURYLVLRQIRUGHFRPPLVVLRQLQJFRVW - 
$PRUWL]DWLRQ (115,211) 
294,274 
&ORVLQJERRNYDOXH 2,481,989 

20. EXPLORATION AND EVALUATION ASSETS

2SHQLQJERRNYDOXH 9,399,602 

0RYHPHQWGXULQJWKHSHULRG\HDU

$GGLWLRQV 3,293,223 

&DSLWDOH[SHQGLWXUHWUDQVIHUUHGIURPRWKHUUHFHLYDEOHV - 
/HIWRYHULQYHQWRU\WUDQVIHUUHGWRVWRUHVDQGVSDUHV - 
'HFRPPLVVLRQLQJFRVWRIZHOOVXQGHUHYDOXDWLRQWUDQVIHUUHGIURPGHYHORSPHQW
DQGSURGXFWLRQDVVHWV - 
5HYLVLRQGXHWRFKDQJHLQHVWLPDWHVRISURYLVLRQIRUGHFRPPLVVLRQLQJFRVW - 
&RVWRIGU\DQGDEDQGRQHGZHOOZULWWHQRII (407,325) -
Impairment of well and decommissioning cost (804,423) 
Depreciation (183,384) 
1,898,091 
&ORVLQJERRNYDOXH 11,297,693 

For the 3rd Quarter Ended March 31, 2016 23

21. TRADE DEBTS 31.03.2016 
Note (Rupees in thousand)
Due from related parties - considered good
&HQWUDO3RZHU*HQHUDWLRQ&RPSDQ\/LPLWHG 1,939,413 -
3DNLVWDQ(OHFWULF3RZHU&RPSDQ\ - 
)RXQGDWLRQ3RZHU&RPSDQ\'DKDUNL/LPLWHG 3,119,765 
)DXML)HUWLOL]HU&RPSDQ\/LPLWHG 1,481,565 
6XL6RXWKHUQ*DV&RPSDQ\/LPLWHG 4,752,213 
6XL1RUWKHUQ*DV3LSHOLQHV/LPLWHG 211,005 
)RXQGDWLRQ*DV 4 
11,503,965 
Due from others - considered good
(QJUR)HUWLOL]HU/LPLWHG 1,191,183 
)DWLPD)HUWLOL]HU&RPSDQ\/LPLWHG 21.2 14,496,452 
%\FR3HWUROHXP3DNLVWDQ/LPLWHG 614,192 
1DWLRQDO5HÀQHU\/LPLWHG 20,315 
$WWRFN5HÀQHU\/LPLWHG 188,415 
3DNLVWDQ5HÀQHU\/LPLWHG 63,218 
:HVWHUQ3RZHU&RPSDQ\3ULYDWH/LPLWHG 19,078 
3DN$UDE5HÀQHU\/LPLWHG 2,829 
28,099,647 

21.1 7UDGH GHEWV GXH IURP UHODWHG SDUWLHV DQG WUDGH GHEWV GXH IURP RWKHUV DUH QHW RI SURYLVLRQ IRU GRXEWIXO GHEWV
DPRXQWLQJWR5VPLOOLRQ-XQH5VPLOOLRQDQG5VPLOOLRQ-XQH5V
PLOOLRQUHVSHFWLYHO\
21.2 7KLVLQFOXGHVUHFHLYDEOHRQDFFRXQWRI*,'&DPRXQWLQJWR5VPLOOLRQ-XQH5VPLOOLRQ
LQUHVSHFWRIZKLFKFRUUHVSRQGLQJ*,'&SD\DEOHKDVEHHQUHFRUGHGLQWUDGHDQGRWKHUSD\DEOHV

22. LOANS, ADVANCES, PREPAYMENTS AND OTHER RECEIVABLES 31.03.2016 

(Rupees in thousand)
Due from related parties
,QWHUHVWDFFUXHG$VNDUL%DQN/LPLWHG - 412

Due from others

/RDQVDQGDGYDQFHV 708,060 
5HFHLYDEOHVIURPMRLQWYHQWXUHSDUWQHUV 1,483,713 
6KRUWWHUPSUHSD\PHQWV 120,111 
,QWHUHVWDFFUXHG 1,998 
2WKHUV 25,438 
2,339,320 

23. CASH AND BANK BALANCES

&DVKDQGEDQNEDODQFHVLQFOXGH5VPLOOLRQ-XQH5VPLOOLRQKHOGZLWK$VNDUL%DQN/LPLWHG
DUHODWHGSDUW\

24 Mari Petroleum Company Limited

 7KUHHPRQWKVHQGHG 1LQHPRQWKVHQGHG
Note 31.03.2016  31.03.2016 
(Rupees in thousand) (Rupees in thousand)
24. GROSS SALES TO CUSTOMERS
Sale of:

Gas 24.1 23,960,002  68,209,950 

Crude Oil 24.2 260,172  1,233,651 

Less:7UDQVSRUWDWLRQFKDUJHV 7,283  38,449 
252,889  1,195,202 
Condensate 24.3 68,812  330,283 
Less:7UDQVSRUWDWLRQFKDUJHV 2,615  21,938 
66,197  308,345 
LPG 24.4 430  1,371 

Own consumption 6,259  24,815 

24,285,777  69,739,683 
24.1 This represents sale of gas as per detail
below:
0DUL)LHOG 22,669,982  64,355,804 
6XMDZDOEORFN 792,406  2,407,201 
+DODEORFN 303,046  796,858 
6XNNXUEORFN 15,018  50,880 
.DUDNEORFN 16,552  44,964 
=DUJKXQEORFN 162,998  554,243 
23,960,002  68,209,950 
24.2 This represents sale of crude oil as per
detail below:
.DUDNEORFN 203,947  906,587 
*KDXULEORFN 56,225  327,064 
=LDUDWEORFN -  - 
260,172  1,233,651 
24.3 This represents sale of condensate as
per detail below:
0DUL)LHOG 11,456  66,619 
6XMDZDOEORFN 50,791  217,207 
+DODEORFN 5,946  42,335 
=DUJKXQEORFN 619  4,122 
68,812  330,283 
24.4 7KLVUHSUHVHQWVVDOHRI/3*IURP+DODEORFN

For the 3rd Quarter Ended March 31, 2016 25

 7KUHHPRQWKVHQGHG 1LQHPRQWKVHQGHG
31.03.2016  31.03.2016 
(Rupees in thousand) (Rupees in thousand)
25. OPERATING EXPENSES
6DODULHVZDJHVDQGEHQHÀWV 737,718  2,079,910 
(PSOR\HHEHQHÀWV 51,882  154,266 
5HQWUDWHVDQGWD[HV 1,997  20,995 
/HJDODQGSURIHVVLRQDOVHUYLFHV 10,738  177,701 
)XHOOLJKWSRZHUDQGZDWHU 22,659  80,925 
0DLQWHQDQFHDQGUHSDLUV 72,926  168,893 
,QVXUDQFH 12,280  37,295 
Depreciation 182,888  585,702 
$PRUWL]DWLRQ 42,139  115,211 
(PSOR\HHVPHGLFDODQGZHOIDUH 64,815  188,156 
Field and other services 127,907  454,851 
7UDYHOOLQJ 21,779  41,562 
&RPPXQLFDWLRQV 3,270  12,649 
3ULQWLQJDQGVWDWLRQHU\ 2,383  12,357 
2IÀFHVXSSOLHV 3,192  7,847 
7HFKQLFDOVRIWZDUH 10,012  21,099 
$XGLWRU·VUHPXQHUDWLRQDQGWD[VHUYLFHV 31  4,074 
0RELOHGLVSHQVDU\DQGVRFLDOZHOIDUH 39,171  93,481 
7UDLQLQJ 25,288  60,335 
5HVHUYRLU6WXG\DQG3URGXFWLRQ/RJJLQJ 5,431  5,431 
$GYHUWLVHPHQW 144  5,186 
%RRNVDQGSHULRGLFDOV 191  687 
3XEOLFUHODWLRQVDQGVRFLDODFWLYLWLHV 6,373  10,301 
Directors’ fee and expenses 4,733  9,815 
Freight and transportation 1,867  5,192 
6XEVFULSWLRQV 1,096  2,617 
$OOLHGVHUYLFHV 9,488  29,165 
Research and development - - - 
6XNNXUEORFN 9,273  26,423 
*KDXULEORFN 26,157  88,547 
+DODEORFN 34,796  127,881 
.RKDWEORFN 207 - 778 -
.DUDNEORFN 112,286  191,200 
=LDUDWEORFN -  - 
6XMDZDOEORFN 69,408  166,125 
=DUJKXQEORFN 45,313  119,446 
5HYHUVDOSURYLVLRQIRUGRXEWIXOGHEWVUHODWHGSDUWLHV 1,572  (73,146) 
0LVFHOODQHRXV 3,744  9,232 
1,765,154  5,042,189 

/HVV5HFRYHULHVIURPMRLQWYHQWXUHV 320,206  872,154 

1,444,948  4,170,035 

26 Mari Petroleum Company Limited

 7KUHHPRQWKVHQGHG 1LQHPRQWKVHQGHG
31.03.2016  31.03.2016 
Note (Rupees in thousand) (Rupees in thousand)

26. EXPLORATION AND PROSPECTING

EXPENDITURE
Mari Field
'VHLVPLFGDWDDFTXLVLWLRQ (6,913)  1,570,098 

Joint Ventures
&RVWRIGU\DQGDEDQGRQHGZHOOVZULWWHQRII 33,746 - 407,325 -
Impairment of well cost 804,423 - 804,423 
3URVSHFWLQJH[SHQGLWXUH 967,653  2,361,119 
1,805,822  3,572,867 
1,798,909  5,142,965 
27. OTHER INCOME / (EXPENSES)

0DUL6HLVPLF8QLWLQFRPH1HWRIUHODWHG
27.1 291,003  860,174 
expenses
5LJLQFRPHORVV1HWRIUHODWHGH[SHQVHV 27.2 55,884  177,580 
0DUL6HLVPLF'DWD3URFHVVLQJ8QLW1HW (17,475)  (31,908) 
/LQHKHDWHUVUHQWDOLQFRPH 1,887  12,753 
*DLQRQGLVSRVDORISURSHUW\DQGHTXLSPHQW - - 5,769 -
0LVFHOODQHRXV 1,478  6,077 

332,777  1,030,445 

27.1 %UHDNXSRI0DUL6HLVPLF8QLWLQFRPHQHWLV
DVIROORZV
,QFRPH
0DUL6HLVPLF8QLWLQFRPH 631,259  2,203,005 
,QFRPHRQEDQNGHSRVLWV 986  3,289 
632,245  2,206,294 
/HVV([SHQVHV
2SHUDWLQJH[SHQVHV 266,532  1,032,895 
'HSUHFLDWLRQRISURSHUW\DQGHTXLSPHQW 74,677  218,625 
/RVVRQGLVSRVDORIÀ[HGDVVHWV - - 94,544 -
0DUNXSRQORQJWHUPÀQDQFLQJVHFXUHG -  - 
%DQNFKDUJHV 33 16 56 16
341,242  1,346,120 
291,003  860,174 
27.2 %UHDNXSRI5LJLQFRPHORVVQHWLVDV
IROORZV
,QFRPH
Rig rental income 348,298  1,276,021 
/HVV([SHQVHV
2SHUDWLQJH[SHQVHV 202,725  857,768 
'HSUHFLDWLRQRISURSHUW\DQGHTXLSPHQW 89,689  240,673 
292,414  1,098,441 
55,884  177,580 

For the 3rd Quarter Ended March 31, 2016 

 7KUHHPRQWKVHQGHG 1LQHPRQWKVHQGHG
31.03.2016  31.03.2016 
(Rupees in thousand) (Rupees in thousand)
28. FINANCE INCOME

,QFRPHRQEDQNGHSRVLWV 61,914  178,811 

,QWHUHVWLQFRPHRQGHOD\HGSD\PHQWVIURP)RXQGDWLRQ
3RZHU&RPSDQ\'DKDUNL/LPLWHG 41,303  129,509 
103,217  308,320 

29. FINANCE COST

3URÀWRQUHGHHPDEOHSUHIHUHQFHVKDUHVXQVHFXUHG 272,689  758,180 

0DUNXSRQORQJWHUPÀQDQFLQJVHFXUHG 18,577  28,023 
0DUNXSRQVKRUWWHUPUXQQLQJÀQDQFHVHFXUHG 360 - 360 -
,QWHUHVWH[SHQVHRQGHOD\HGSD\PHQWVWRWKH
*RYHUQPHQWRI3DNLVWDQ - - - 
8QZLQGLQJRIGLVFRXQWRQSURYLVLRQIRU
decommissioning cost 132,892 - 398,674 
,QWHUHVWRQ:RUNHUV·3URÀW3DUWLFLSDWLRQ)XQG - - 18,295 
%DQNFKDUJHV 367  1,438 
([FKDQJHJDLQORVV (25,877)  1,155 
399,008  1,206,125 

30. PROVISION FOR TAXATION

&XUUHQW 382,602  644,546 
Deferred (464,533)  (521,961) 
(81,931)  122,585 

31. EARNINGS PER SHARE - BASIC AND DILUTED

3URÀWIRUWKHSHULRG5XSHHVLQWKRXVDQG 1,836,767  3,890,820 
'LVWULEXWDEOHHDUQLQJV5XSHHVLQWKRXVDQG 152,030  452,944 
1XPEHURIVKDUHVRXWVWDQGLQJLQWKRXVDQG 110,250  110,250 
(DUQLQJVSHURUGLQDU\VKDUHLQ5XSHHV 16.66  35.29 
'LVWULEXWDEOHHDUQLQJVSHURUGLQDU\VKDUHLQ5XSHHV 1.38  4.11 

 Mari Petroleum Company Limited

32. TRANSACTIONS WITH RELATED PARTIES Nine months ended
31.03.2016 
(Rupees in thousand)
Gross sale of gas and LPG to related parties is as follows:
&HQWUDO3RZHU*HQHUDWLRQ&RPSDQ\/LPLWHG 1,939,413 -
)RXQGDWLRQ3RZHU&RPSDQ\'DKDUNL/LPLWHG)3&'/ 5,588,986 
)DXML)HUWLOL]HU&RPSDQ\/LPLWHG 32,152,714 
6XL6RXWKHUQ*DV&RPSDQ\/LPLWHG 3,781,984 
6XL1RUWKHUQ*DV3LSHOLQHV/LPLWHG 2,172,994 
)RXQGDWLRQ*DV 1,371 

Line heaters rental income - FPCDL 12,753 

Interest income on delayed payments - FPCDL 129,509 
Interest income on bank accounts - Askari bank limited 153,063 
(Reversal of provision) / Provision for doubtful debts - FPCDL (73,146) 
Remuneration of chief executive and key management personnel 2,334,562 
&RQWULEXWLRQWRHPSOR\HHIXQGHGEHQHÀWSODQV 162,666 

33. OPERATING SEGMENTS

7KLV FRQGHQVHG LQWHULP ÀQDQFLDO LQIRUPDWLRQ KDV EHHQ SUHSDUHG RQ WKH EDVLV RI D VLQJOH UHSRUWDEOH VHJPHQW
5HYHQXHIURPH[WHUQDOFXVWRPHUVIRUSURGXFWVRIWKH&RPSDQ\LVGLVFORVHGLQQRWH
5HYHQXHIURPPDMRUFXVWRPHUVRIWKH&RPSDQ\FRQVWLWXWHVRIWKHWRWDOUHYHQXHGXULQJWKHSHULRGHQGHG0DUFK
0DUFK

For the 3rd Quarter Ended March 31, 2016 

34. CORRESPONDING FIGURES

)ROORZLQJFKDQJHVKDYHEHHQPDGHLQFRUUHVSRQGLQJÀJXUHVWRFRQIRUPWRFXUUHQWSHULRG·VSUHVHQWDWLRQ
Rupees in
thousand
3URÀWDQGORVVDFFRXQW

)ROORZLQJDPRXQWVKDYHEHHQUHFODVVLÀHGWR0DUL6HLVPLF8QLWLQFRPHORVVQHWLQ´2WKHU

LQFRPHµIURP
¶0DUL6HLVPLF8QLW·LQ´2SHUDWLQJH[SHQVHVµ 
¶'HSUHFLDWLRQ·LQ´2SHUDWLQJH[SHQVHVµ 
¶0DUL6HLVPLF8QLWH[SHQVHVUHFKDUJHGWR0DUL)LHOGH[SORUDWLRQDQGSURVSHFWLQJ
H[SHQGLWXUH·LQ´2SHUDWLQJH[SHQVHVµ 
¶0DUNXSRQORQJWHUPÀQDQFLQJVHFXUHG·LQ´)LQDQFHFRVWµ 
¶%DQNFKDUJHV·LQ´)LQDQFHFRVWµ 16
¶,QFRPHRQEDQNGHSRVLWV·LQ´)LQDQFHLQFRPHµ 

)ROORZLQJDPRXQWVKDYHEHHQUHFODVVLÀHGWRULJUHQWDOLQFRPHORVVQHWLQ´2WKHULQFRPHµ

IURP
¶5LJ·LQ´2SHUDWLQJH[SHQVHVµ 
¶'HSUHFLDWLRQ·LQ´2SHUDWLQJH[SHQVHVµ 

)ROORZLQJDPRXQWVKDYHEHHQUHFODVVLÀHGWR0DUL6HLVPLF'DWD3URFHVVLQJ8QLWORVVQHWLQ
´2WKHULQFRPHµIURP
¶6DODULHVZDJHVDQGEHQHÀWV·LQ´2SHUDWLQJH[SHQVHVµ 
¶(PSOR\HHEHQHÀWV·LQ´2SHUDWLQJH[SHQVHVµ 15
¶/HJDODQGSURIHVVLRQDOVHUYLFHV·LQ´2SHUDWLQJH[SHQVHVµ 
¶'HSUHFLDWLRQ·LQ´2SHUDWLQJH[SHQVHVµ 

35. DATE OF AUTHORIZATION FOR ISSUE

7KLVFRQGHQVHGLQWHULPÀQDQFLDOLQIRUPDWLRQZDVDXWKRUL]HGIRULVVXHE\WKH%RDUGRI'LUHFWRUVRIWKH&RPSDQ\
RQ$SULO

/W*HQ1DGHHP$KPHG+,06(7%W+RQ'8QLY5HWG Qaiser Javed

Managing Director / CEO Director

30 Mari Petroleum Company Limited

 " "

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2016 31 , 24,286
53,699 69,740
15,445 2016 31
1,837 13,457
2016 31 1,288
3,907 3,891

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 MARI PETROLEUM COMPANY LIMITED
VISION AND MISSION STATEMENT
VISION
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WKDQ WKH RQJRLQJ SURGXFWLRQ ZLWKLQ 3DNLVWDQ DQG DEURDG DQG
LPSURYLQJÀQDQFLDOFDSDFLW\DQGSURÀWDELOLW\WKURXJKHQKDQFHG
SURGXFWLRQZKLOHWDNLQJHQYLURQPHQWDOVDIHJXDUGDQGFDWHULQJ
WKHVRFLDOZHOIDUHQHHGVRIWKHFRPPXQLWLHVLQKDELWLQJWKHDUHD
RIRSHUDWLRQV

MISSION
7R HQKDQFH ([SORUDWLRQ  3URGXFWLRQ FDSDELOLW\ E\ H[SORLWLQJ
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HIIHFWLYH RSHUDWLRQV WR UHSOHQLVK WKH SURGXFHG UHVHUYHV E\ DW
OHDVWDQGWRHQKDQFHSURGXFWLRQIRUPD[LPL]LQJUHYHQXHV
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