CLIENT: SANGHAR SUGAR MILLS LTD

AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2021

SUBJECT: TOP SCHEDULE

TRADE DEPOSITS & SHORT TERM PREPAYMENTS

Sep-21 Sep-20
FINANCIAL STATEMENT CAPTIONED REF
Rs (000) Rs (000)

TRADE AND OTHER PAYABLES 1,220,840 922,401 Trade and other payables

TOTAL 1,220,840 922,401 TRADE AND OTHER PAYABLES

AUDIT ASSERTIONS VERIFIED:

OCCURANCE
COMPLETENESS
ACCURACY
CUT OFF
CLASSIFICATION
EXISTENCE
RIGHTS AND OBLIGATIONS
VALUATION
ALLOCATION
UNDERSTANDABILITY

Job Supervisor:__________________________ Date:_________________________

Manager:______________________________ Date:_________________________
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2022
HEAD: TRADE AND OTHER PAYABLES
SUBJECT: LEAD SCHEDULE

Sep-22 Sep-21
PARTICULARS REF
Rs (000) Rs (000)

Creditors 216,725

Accrued liabilities 52,431

Advances from customers 844,441

Sales tax / Further Tax payable 101,516

Workers' Welfare Fund 1,324

Other liabilities 4,403

TOTAL - 1,220,840
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2022
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: CREDITORS
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit
General Suppliers:

SAAD AUTOMATION - 207,500 1,147,500 940,000 0 0

ATLAS TRADING - 121,957 121,957 415,239 0 415,239
AFZAL & SONS - - 0 0 0 0
Critical Green SMC Pvt Ltd (NTN # 7102589-5) - 1,708,500 0 0 0 1,708,500
ALI ENGINEERING WORKS - - 0 0 0 0
GREAS PLUS - 561,600 561,600 1,049,274 0 1,049,274
RISEN MANUFACTURER - - 0 0 0 0
ACE INSULATION PRODUCTS (NTN-7881945-6) - 5,792 140,927 135,135 0 0
Mughal Ittehad Engineering - - 0 0 0 0
PAKISTAN OXYGEN LTD - - 2,842,164 2,842,164 0 0
PAKASIA MILL STORE - - 0 0 0 0
Universal Chain Linker - 454,311 859,248 998,712 0 593,775
MARIUM INTERNATIONAL (NTN # 3183714-0) - - 0 0 0 0
Pakistan Cables Ltd 470,025 - 1,729,692 2,199,717 0 0
Hamza Power Engineering - - 17,000 17,000 0 0
TRANS WORLD ENTERPRISES - - 247,230 247,230 0 0
SANTECH ENGINEERING (PVT) LTD (formerly Trans World) - - 239,695 239,695 0 0
ADVANCE FOR COMPRASOR - - 0 0 0 0
SARTAJ LITE - - 252,400 252,400 0 0
MASHA ALLAH TRADERS - - 1,000 1,000 0 0
A.S. CORPORATION - - 1,012,050 1,012,050 0 0
H. ABDUL ALI & SONS - - 1,572,767 1,565,548 7,219 0
HABIB TECHNO INDUSTRIES (PVT) LTD - - 157,500 245,700 0 88,200
Al Noor Power - - 175,000 0 175,000 0
GREEN CLASSIC - - 69,750 0 69,750 0
DEEN ENTERPRISES - - 247,216 247,216 0 0
GANNON DUNKERLEY & CO. PAK. LTD. - - 0 519,480 0 519,480
DIGITAL WEIGHING SCALE CO. - - 0 105,300 0 105,300
IMRAN CANVAS GOODS - - 0 0 0 0
AL Pak traders - 936,000 936,000 405,756 0 405,756
Sultan Sons Engineering Pvt Ltd. - 1,094,022 0 0 0 1,094,022
Intermark product Lines 1 - 2,185,999 1,847,568 338,432 0
M.S.corporation - - 0 0 0 0
M.Z.Engineering works - - 280,450 280,450 0 0
Pak Japan Taxtile - - 1,320,463 1,501,813 0 181,350
Pioneer Steel Corporation - 1,704,326 1,702,626 354,206 0 355,906
Karachi Shipyard & Eng. works 29,052 - 0 0 29,052 0
A.J.Trading Company - 158,989 246,742 77,220 10,533 0
M.Hussain & co. - - 3,032,943 2,998,662 34,281 0
AMS STEEL 1,387 - 0 1,387 0 0
Saad Technical - 128,700 294,372 165,672 0 0
M.Amin & Sons - 506,399 1,035,531 529,132 0 0
PINNACLE Corporation - 2,096,755 6,896,755 10,243,642 0 5,443,642
TECHINCES CONSULTAN - - 6,475,950 9,634,950 0 3,159,000
Reclamation Engineering Works - - 121,720 121,720 0 0
Ennoble Industrial Engineering 3,010,000 - 4,614,000 8,611,200 0 987,200
Shabbir Electric Works - - 121,340 121,340 0 0
J.M.Sons Pvt Ltd. 20,000 - 10,663,333 11,830,000 0 1,146,667
RIDA ENTERPRISES - 386,977 817,186 2,788,231 0 2,358,022
INDUSTRIAL AUTOMATION - 1 0 0 0 1
SCHNELDER ELECTRIC PAK. PVT LTD. - 271,440 0 0 0 271,440
KHAN ASSOCIATES - - 2,500,000 5,473,495 0 2,973,495
AUTHENTIX, INC - - 1,234,444 1,234,444 0 0
GHAZI TRADERS 690,000 - 109,000 799,000 0 0
SANA ENTERPRISE - 53,553 1,933,030 2,106,181 0 226,704
MAINTANERS - 1,491,698 4,154,009 5,765,234 0 3,102,923
THE BRUSHWARE - - 308,000 313,600 0 5,600
GHELLI INTERNATIONAL - - 400,140 400,140 0 0
GLOBAL ENVIRNMENTAL LAB. (PVT) LTD. - - 18,193 18,193 0 0
HYDER ALI & CO - 2,480,997 5,996,717 7,624,324 0 4,108,604
DELTA CONTROL INC - - 1,487,070 1,487,070 0 0
PEOPLES STEEL MILLS LTD (NTN# 0711630-6) - - 4,677,426 4,677,426 0 0
POLY PACK - - 9,500,000 9,500,000 0 0
IN PRINTERS & SUPPLIERS 194,200 - 922,390 1,162,650 0 46,060
ADENWALLA & SONS - - 214,227 214,227 0 0
QAISER BROTHERS - 720,615 0 413,891 0 1,134,506
ZEESHAN SIKANDER & CO - - 252,000 869,500 0 617,500
Abasin corporation services - - 100,000 100,000 0 0
PAKISTAN STATE OIL - 8 6,662,375 6,662,367 0 0
J.P. Traders - - 1,160,000 1,160,000 0 0
H A STEEL CHAINS - 840,190 3,593,660 2,634,587 118,883 0
SIND BELTING STORE - 27,364 849,826 822,462 0 0
S B CHAUDHRY INDUSTRIES 488,852 - 3,397,534 2,279,701 1,606,685 0
Saeed Sons corporation - 1,033,681 926,402 0 0 107,279
Ghalib International (Pvt) - - 711,828 711,828 0 0
UNIVERSAL TOOL TRADERS - 750,283 1,201,726 1,115,430 0 663,987
LAHORE POLY - 20,453,001 40,391,401 37,952,500 0 18,014,100
FEROZ TRANDING CORP - 10,247,354 23,887,396 18,687,715 0 5,047,673
MAJEED PUMPS CO - 554,357 1,316,858 1,439,100 0 676,599
TECHNIC ENGIN - 281,722 0 0 0 281,722
Technic Works - 1,341,726 2,474,810 91,869 1,041,215 0
CNS Engineering & Technologies 250,939 - 0 0 250,939 0
Mandvia Brothers - 11,024 0 0 0 11,024
NOOR ENTERPRISE - 889,652 91,425 0 0 798,227
DATA TRADING CO - 450,777 772,452 1,164,074 0 842,399
ACCURATE ENGG (FAREED ENGG) 98,481 - 487,012 1,142,213 0 556,720
IDEAL POWER ENGG - - 106,671 48,672 57,999 0
AMWAR TRADING CO - 3,639,545 5,972,360 4,258,684 0 1,925,869
STAR ENTERPRISE - 1,305,192 1,375,919 1,741,487 0 1,670,760
S S SCIENTIFIC SYSTEM - 209,781 216,031 0 6,250 0
DANK COMMUNICATION - - 199,780 199,780 0 0
AL SEHAT MEDICAL 7,289 - 310,950 310,950 7,289 0
Fine Tech Water Treatment - - 332,000 305,900 26,100 0
ENGRO FERTILIZER LTD - 17,987,458 37,601,800 19,614,342 0 0
PAK JAPAN INK CHEMICAL - 2,760,577 5,600,754 5,716,620 0 2,876,443
ISMAIL & COMPANY - 1,129,829 1,869,612 2,507,732 0 1,767,949
QADBROS 2,305,700 - 12,033,630 12,184,380 2,154,950 0
SPECIAL CASTING - 21,302,760 5,151,589 1,998,948 0 18,150,119
TRUST ENGINEERING 1,642,886 - 5,392,221 9,834,554 0 2,799,447
SAIFY IRON 61,433 - 17,064,133 17,178,972 0 53,406
QAMARUDDIN & BROS 61,153 - 0 0 61,153 0
QUTBI TRADERS - 870,627 3,550,361 5,273,215 0 2,593,481
MEEZAN ENGG - 649,549 649,548 0 0 1
IJAZ BROTHERS - - 2,631,500 0 2,631,500 0

9,331,398.00 101,826,588.47 273,930,316.00 263,743,266.00 8,627,230.00 90,935,370.47

13-003-SHORT TERM FINANCES (BANK NAM
Profit on Bank Al Habib CSR Account 0.00 263,232.38 0.00 446,114.39 0.00 709,346.77
BANK ISLAMI FINANCING -KF 0.00 0.00 0.00 0.00 0.00 0.00

0.00 263,232.38 0.00 446,114.39 0.00 709,346.77

Total For 15-001-SUGAR CANE SUPPLIERS:

SUGAR CANE SUPPLIERS 0.00 0.00 3,241,432,330.00 3,241,432,330.00 0.00 0.00

S/CANE SUPPL ADD.RATE 0.00 0.00 0.00 9,166,490.00 0.00 9,166,490.00
S/CANE SUPPLIERS:2012-2013 0.00 3,072,458.00 3,072,458.00 0.00 0.00 0.00
S/CANE SUPPLIES 2015-2016 0.00 404,352.00 0.00 0.00 0.00 404,352.00
S/CANE SUPPLIES 2016-2017 0.00 4,122,216.00 4,121,222.00 0.00 0.00 994.00
S/CANE SUPPLIERS 2018-2019 0.00 156,867.00 0.00 0.00 0.00 156,867.00
S/CANE SUPPLIERS 2019-2020 0.00 209,944.00 9,095.00 0.00 0.00 200,849.00
S/CANE SUPPLIERS 2020-2021 0.00 68,422,766.00 68,422,766.00 1,820.00 0.00 1,820.00
SUSPENSE ACCTT 0.00 0.00 0.00 0.00 0.00 0.00
S/CANE SUPPLIERS 2021-2022 0.00 0.00 0.00 127,605,614.00 0.00 127,605,614.00

0.00 76,388,603.00 3,317,057,871.00 3,378,206,254.00 0.00 137,536,986.00

Total For 15-003-PREMIUM PAYABLE:

PREMIUM PAYABLE 2018-19 0.00 24,636,329.00 2,898,726.00 0.00 0.00 21,737,603.00
PREMIUM PAYABLE 2020-21 0.00 20,766.00 2,203.00 0.00 0.00 18,563.00
PREMIUM PAYABLE 2021-22 0.00 0.00 133,953,963.00 140,555,873.00 0.00 6,601,910.00
0.00 24,657,095.00 136,854,892.00 140,555,873.00 0.00 28,358,076.00

Total For 15-004-SUPPLIERS:

MOHAMMAD ASHRAF & SONS 0.00 0.00 0.00 18,500.00 0.00 18,500.00
AL-MEHRAN LIME FACTORY, HYD. 0.00 80,443.00 8,703,015.00 8,703,015.00 0.00 80,443.00
BISMILLAH FOUNDRY 0.00 0.00 0.00 14,318.00 0.00 14,318.00
HUSSAIN TRADERS (HYD) 0.00 656,023.00 3,710,953.00 4,655,439.00 0.00 1,600,509.00
SALE TAX (INPUT) 131,493.23 0.00 3,481,373.00 3,372,952.00 239,914.23 0.00
NAWABSHAH FOUNDRY,MPS. 0.00 64,253.00 1,559,356.00 1,497,676.00 0.00 2,573.00
MEHAR GUL 0.00 0.00 429,534.00 429,534.00 0.00 0.00
STORE SUPPLIERS (GEN) 0.00 130,250.00 8,505,943.00 8,509,961.00 0.00 134,268.00
131,493.23 930,969.00 26,390,174.00 27,201,395.00 239,914.23 1,850,611.00

Total For 17-003-CONTRACTORS PAYABLE:

MUHAMMAD ISLAM (C.C.CONTRACTOR) - - 3,045,500.00 3,045,500.00 - -
BABAR PETROLEUM SERVICE - 1,447,639.00 1,447,639.00 - - -
JHOOL-E-LAL PETROLEUM SERVICE - 3,513,980.94 28,053,307.00 32,895,737.00 - 8,356,410.94
ABID IQBAL (CANTEEN CONT) - 54,500.00 625,468.00 630,968.00 - 60,000.00
HUSSAIN BUX RAJAR,STAFF BUS CONT - 117,541.00 2,085,937.00 2,136,719.00 - 168,323.00
BADAR-UD-DIN (BAGASSE CONT) - - 6,286,606.00 6,286,606.00 - -
MR.JAN MOHD (B/CLINKER ASH.COT - 110,500.00 2,062,192.00 2,179,195.00 - 227,503.00
SHAMS-2 CNG STATION, SANGHAR - 347,667.00 871,554.00 786,625.00 - 262,738.00
ALI MOHAMMAD, S/GODOWN CONT. - 11,222.00 3,134,346.00 3,140,181.00 - 17,057.00
MOHAMMMAD SIDDIQUE (CANE PICKER) - - 176,001.00 176,001.00 - -
AJAB KHAN HIACE CONTR - 56,000.00 672,000.00 672,000.00 - 56,000.00
IMTIAZ ALI SHAH HIACE CONTR: 585.00 - 1,804,640.00 2,001,535.00 - 196,310.00
SUPER MEHRBAN PERTROL:SERVICE - 89,879.00 6,029,006.00 6,514,466.00 - 575,339.00
CONTRACTORS B/P (GEN) - 576,890.00 2,632,071.00 2,970,281.00 - 915,100.00

10,834,780.94

17-004-TPT CONTRACTORS PAYABLE

HAJI ABDUL MANAN (09) 300,000.00 0.00 3,209,888.00 3,534,773.00 0.00 24,885.00
JAMIL ISLAM S/O H.M.ISLAM (12) 275,000.00 0.00 6,326,893.00 6,674,911.00 0.00 73,018.00
NASEEM KHAN (02) 200,000.00 0.00 3,222,303.00 3,445,734.00 0.00 23,431.00
ZAFAR IQBAL (91) 0.00 0.00 1,338,357.00 1,338,357.00 0.00 0.00
ABDUL QADIR TALPUR (92) 0.00 0.00 2,306,144.00 2,306,144.00 0.00 0.00
MOHAMMAD ASHFAQUE (039) 0.00 0.00 1,544,396.00 1,544,396.00 0.00 0.00
ALI HASSAN (31) 0.00 0.00 441,725.00 441,725.00 0.00 0.00
PEER BUX (84) 12,269.00 0.00 0.00 12,269.00 0.00 0.00
MR.OBHAYO (86) 0.00 0.00 613,753.00 613,753.00 0.00 0.00
MUNAWWAR ALI,TPT CONT.(0051) 0.00 0.00 2,283,463.00 2,283,463.00 0.00 0.00
NABI BUX HINGORO (051) 0.00 0.00 326,906.00 326,906.00 0.00 0.00
MOHAMMAD QASIM (078) 17,176.00 0.00 0.00 17,176.00 0.00 0.00
SHAHMIR (094) 0.00 0.00 4,809,082.00 4,809,082.00 0.00 0.00
GHULAM MURTAZA (095) 0.00 0.00 6,545.00 6,545.00 0.00 0.00
GH.MOHD.S/O SALEH MOHD. 200,000.00 0.00 4,176,899.00 4,414,003.00 0.00 37,104.00
ZAMEEN GUL (97) 200,000.00 0.00 4,540,561.00 4,784,694.00 0.00 44,133.00
UMAID ALI (58) 29,439.00 0.00 0.00 29,439.00 0.00 0.00
SAEED KHAN (89) 0.00 0.00 625,331.00 625,331.00 0.00 0.00
SARD ALI KHAN (10) 0.00 0.00 2,996,790.00 2,996,790.00 0.00 0.00
MOHAMMAD ANWAR (28) 0.00 0.00 615,070.00 615,070.00 0.00 0.00
MOHAMMAD YASIR (60) 120,000.00 0.00 6,956,050.00 7,076,050.00 0.00 0.00
GHULAM MUSTAFA (11) 0.00 0.00 295,194.00 295,194.00 0.00 0.00
SHAFI MOHAMMAD (55) 0.00 0.00 7,927,670.00 7,927,670.00 0.00 0.00
GHAZI GUL S/O AKBAR GUL (096) 200,000.00 0.00 6,051,623.00 6,304,672.00 0.00 53,049.00
AKHTAR ISLAM S/O MANZOOR ISLAM (008) 100,000.00 0.00 1,238,712.00 1,349,801.00 0.00 11,089.00
ALI RAZA S/O M HABIB (059) 0.00 0.00 62,706.00 62,706.00 0.00 0.00
CASH TPT PAID AT WEIGHBRIDGE 0.00 0.00 136,724,855.00 136,724,855.00 0.00 0.00
TPT CONTARCTORS (GEN) 0.00 0.00 201,662,068.00 201,662,068.00 0.00 0.00

1,654,469.00 6,325,818.94 459,229,251.00 465,659,391.00 0.00 266,709.00

17-006-CANTEEN CONTRIBTION
CANTEEN CONTRIBUTION P/A 0.00 1,349,808.00 19,844,702.00 20,141,629.00 0.00 1,646,735.00

17-005-WORKERS UNION FUND

WORKERS UNION FUND P/A 0.00 7,740.00 124,320.00 124,260.00 0.00 7,680.00
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2022
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: ACCRUED LIABILITIES
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit

EXPENSES PAYABLE 0.00 9,710,697.83 3,790,318.83 7,780,781.00 0.00 13,701,160.00

Salaries September 2021 0.00 4,720,429.00 50,662,092.00 51,215,066.00 0.00 5,273,403.00
CANTEEN CONTRIBUTION 0.00 8,270.00 717,595.00 709,325.00 0.00 0.00
WORKERS PROFIT PART FUND 0.00 71,071.00 0.00 0.00 0.00 71,071.00
EXPENSES PAYABLE
UNCLAIMED WAGES
SEPTEMBER P/A SALARY
OTHERS (SALARY WAGES P/A)
ROAD CESS P/A
ROAD CESS 2014-2015

TOTAL - 14,510,468 225,326,081 229,570,816 23,158,480 108,173,583

CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: ADVANCES FROM CUSTOMERS
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit

HABIB SUGAR MILLS - - - 117,000,000 - 117,000,000

Al Rahim Trading - - - 100,000,000 - 100,000,000
DEWAN SUGAR MILLS - - - 85,000,000 - 85,000,000
UNICOL LTD - - 32,580,797 77,500,000 - 44,919,203

TOTAL - - 32,580,797 379,500,000 - 346,919,203

CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: SALES TAX / FURTHER TAX PAYABLE
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit

Sales tax Fertilizer - 308,160 308,160 752,940 - 752,940

Rafiq Kalwar & Dars Law Asso. - 3,120 - 3,120
M&P Express (Formerly OCS) - 33 860 959 - 132
FED ON SUGAR SALE - 21,342,535 475,297,761 527,255,479 - 73,300,253
ADVANC TAX ON SALE TO DISTRIB - 9,506,527 4,244,352 4,872,741 - 10,134,916
R.A.ENG. GST - 5,460 7,540 2,080 - -
SPECIAL EXSICE DUTY 600,706 - - 600,706 - -
SALE TAX INPUT 8,343,683 - 15,598,387 15,318,169 8,623,901 -
H A steel Chains 164,513 - - - 164,513 -
FAREED ENGG - 86,027 - - - 86,027
Huffaz Seamless GST 185,697 - - - 185,697 -
SALE TAX (INPUT) 360,870 - 2,370,497 2,962,860 231,493

TOTAL 9,655,469 31,251,862 497,827,557 551,765,934 8,974,111 84,508,881

CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: WORKERS' WELFARE FUND
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit

WORKERS WELFARE FUND - 1,323,852 - - - 1,323,852.00

TOTAL - 1,323,852 - - - 1,323,852

CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUB HEAD: OTHER LIABILITIES
SUBJECT: MOVEMENT SCHEDULE

Opening Movement Closing

PARTICULARS Ref
Debit Credit Debit Credit Debit Credit

Income tax deducted at source

M.S.Engineering - 13,950 13,950 - - -
Sajid Engineering NTN 0678447-0 - 41,232 112,740 71,508 - -
INCOME TAX STAFF - 329,217 3,681,086 3,760,217 - 408,348
Universal Tool NTN 2477136-8 - 4,106 61,545 57,439 - -
Fine Tech Water Treatment (7531083-0) - 1,399 5,283 3,884 - -
SMART POWER SYSTEM - 33,618 - - - 33,618
Qutbi Traders NTN 0276975-1 - 50,128 294,546 244,418 - -
OTHERS ADV I/TAX - 47,500 312,750 265,250 - -
MR H A NAQVI - 47,216 - - - 47,216
HAMEED MAJEED ASSO - 2,204 5,627 5,627 - 2,204
HUSSAIN TRADERS (HYD) - 2,046
NAWABSHAH FOUNDRY WORKS, MPS. - 2,573
MR.BADAR-UDDIN (BAGGASE CONT) - 184,578
JAN MUHAMMAD(CLINKER ASH.CONT) - 96,019
MR.JUMA GUL (C.C.CONTRACTOR) - 157,310
ALI MOHAMMAD, S/GODOWN CONT. - 331,410
W/H TAX (GEN) - -
INCOME TAX STAFF - 1,568
INCOME TAX (GEN) - 520,722
AL-MEHRAN LIME FACTORY 33,698.00 -
Cane field staff
SAIN DITTO (C.I) - 31,752
MUHAMMAD ALI (C.I) - 6,500
MOHAMMAD QAIM (C/I) - 30,429
NAZAR MUHAMMAD (C.I) - 31,752
MUHAMMAD ASLAM, C/I - 6,500
ZAFFAR IQBAL (C.I) - -
MUHAMMAD HANIF (C.I) - 25,137
IRASHAD ALI (C/I) - 60,858
MUHAMMAD MURAD, C/I - 60,858
MUNEER AHMED (C.I) - 31,752
ALI BUX (C.I) - 31,752
JAI RAM DAS (C.I) - 6,500
ZAFFAR ULLAH, C/I - 25,137
ANWAR HUSSAIN, C/I - 6,500
ARIF ALI (C.I) - 31,752
MUNAWWAR ALI, C/I - 31,752
ABDULLAH, C/I - 31,752
KARAM KHAN C/INSP: - 60,858
Others - Employees' social security & old age benefits, workers
compensation & others
INSURANCE PAYABLE - -
EDUCATION CESS P/A - 1,100
WORKERS WELFARE CONTRIBUTION - 839,504
E.O.A.B.I - 249,522
SPECIAL RECOVERY DONATION - 100,000
EMP.SOCIAL SECURITY CONTRIB - 3,882,979
WORKERS COMPENSATION (WWC) - 156,352
OFFICERS CLUB FUND CONTRBUTION - 159,787

TOTAL 33,698 7,767,581 - - - -

CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUBJECT: BREAKUP

Sep-20 Sep-19
PARTICULARS REF
Rs (000) Rs (000)

Income tax deducted at source 1,834

Cane field staff 512

Others - Employees' social security & old age 5,389

benefits, workers compensation & others

TOTAL - 7,735
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUBJECT: B

CONTROL SHEET OF VERIFICATION

35% 30% 25% 20%

TOTAL BALANCE AMOUNT #REF! #REF! #REF! #REF! #REF!

AMOUNT VERIFIED -

% OF VERIFICATION #REF!
27-001-10004 HUSSAIN TRADERS (HYD) 1,595.00 0.00 129,386.00 133,027.00 0.00 2,046.00

27-001-10013 NAWABSHAH FOUNDRY WORKS, MPS. 0.00 2,573.00 0.00 0.00 0.00 2,573.00

SELECTION CRITERIA 27-001-10014 MR.BADAR-UDDIN (BAGGASE CONT) 0.00 184,578.00 158,304.00 158,304.00 0.00 184,578.00

27-001-10018 JAN MUHAMMAD(CLINKER ASH.CONT) 0.00 96,019.00 87,136.00 87,136.00 0.00 96,019.00
Transactions have been selected on high value basis. However few
smaller items have also been selected to make the sampling criteria
27-001-10022
unpredictable. MR.JUMA GUL (C.C.CONTRACTOR) 0.00 157,310.00 108,338.00 108,338.00 0.00 157,310.00

27-001-10029 ALI MOHAMMAD, S/GODOWN CONT. 0.00 317,893.00 186,738.00 200,255.00 0.00 331,410.00

27-001-10199 W/H TAX (GEN) 0.00 0.00 1,118.00 1,118.00 0.00 0.00

CONCLUSION 27-001-15001 INCOME TAX STAFF 0.00 0.00 1,000.00 2,568.00 0.00 1,568.00

27-001-19999 INCOME TAX (GEN) 0.00 758,963.00 1,620,284.00 1,382,043.00 0.00 520,722.00

On the basis of audit procedures performed, sufficient & appropriate

audit evidence has been obtained regarding the underlying audit
assertions and no material misstatement has been identified.

29-002-10001 SAIN DITTO (C.I) 0 15876 28664 44540 0 31752

29-002-10008 MUHAMMAD ALI (C.I) 0 0 0 6500 0 6500
29-002-10011 MOHAMMAD QAIM (C/I) 0 15876 0 14553 0 30429
29-002-10029 NAZAR MUHAMMAD (C.I) 0 15876 0 15876 0 31752
29-002-10034 MUHAMMAD ASLAM, C/I 0 0 0 6500 0 6500
29-002-10036 ZAFFAR IQBAL (C.I) 0 29106 63501 34395 0 0
29-002-10049 MUHAMMAD HANIF (C.I) 0 15876 0 9261 0 25137
29-002-10056 IRASHAD ALI (C/I) 0 44982 0 15876 0 60858
29-002-10057 MUHAMMAD MURAD, C/I 0 44982 0 15876 0 60858
29-002-10060 MUNEER AHMED (C.I) 0 15876 0 15876 0 31752
29-002-10063 ALI BUX (C.I) 0 15876 0 15876 0 31752
29-002-10067 JAI RAM DAS (C.I) 0 0 0 6500 0 6500
29-002-10072 ZAFFAR ULLAH, C/I 0 15876 0 9261 0 25137
29-002-10077 ANWAR HUSSAIN, C/I 0 0 0 6500 0 6500
29-002-10089 ARIF ALI (C.I) 0 15876 0 15876 0 31752
29-002-10090 MUNAWWAR ALI, C/I 0 15876 0 15876 0 31752
29-002-10092 ABDULLAH, C/I 0 15876 0 15876 0 31752
29-002-10095 KARAM KHAN C/INSP: 0 44982 0 15876 0 60858

29-001-10002 INSURANCE PAYABLE 0.00 500,000.00 500,000.00 0.00 0.00 0.00

29-001-10004 EDUCATION CESS P/A 0.00 2,400.00 5,900.00 4,600.00 0.00 1,100.00
29-001-10005 WORKERS WELFARE CONTRIBUTION 0.00 713,730.00 69,030.00 194,804.00 0.00 839,504.00
29-001-10006 E.O.A.B.I 0.00 252,070.00 4,181,872.00 4,179,324.00 0.00 249,522.00
29-001-10007 SPECIAL RECOVERY DONATION 0.00 300,965.00 1,869,965.00 1,669,000.00 0.00 100,000.00
29-001-10008 EMP.SOCIAL SECURITY CONTRIB 0.00 524,803.00 5,479,703.00 8,837,879.00 0.00 3,882,979.00
29-001-10009 WORKERS COMPENSATION (WWC) 0.00 177,352.00 21,000.00 0.00 0.00 156,352.00
29-001-10010 OFFICERS CLUB FUND CONTRBUTION 0.00 66,207.00 24,370.00 117,950.00 0.00 159,787.00
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
MAIN HEAD: TRADE AND OTHER PAYABLES
SUBJECT: B

CHECKED / INQUIRED

DATE VOUCHER # CHEQUE # DESCRIPTION DEBIT 1 2 3 4 5 6 7 8 9

P P P P P P P P P
P P P P P P P P P

1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included 2) Recorded transaction is accurate (all
captioned items and financial statement disclosures have been recorded in proper amount and in proper period), 3) Transaction has occurred during the year (every transaction
that is recorded or disclosed in the financial statements occurred at the appropriate date in the year which is being audited and should be included), 4) Classification is correct,
5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & casting are properly checked, 8) Authorisation of the supporting documents
are properly placed, 9) Checked related party transaction.
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
HEAD: TRADE DEPOSITS & SHORT TERM PREPAYMENTS
SUBJECT: PREPAID INSURANCE

CHECKED / INQUIRED

DATE VOUCHER # CHEQUE # DESCRIPTION DEBIT 1 2 3 4 5 6 7 8 9

22-Jan-20 BP-192000392 0010505813 Full & Final payment to M/s. EFU General Insurance ltd (30-09- 2,422,103
2020) P P P P P P P P P

29-Jan-20 BP-192000412 0010505826 Renewal of EFU Life Assurance against Group Policy 31/1/000077 1,777,432 P P P P P P P P P

18-Dec-19 BP-192000271 0059914887 Partial Payment to EFU General Insurance Co Ltd 1,500,000 P P P P P P P P P

23-Dec-19 BP-192000285 1002294872 Partial payment to M/s. Admajee Insurance (yearly Policies) 1,500,000 P P P P P P P P P

30-Oct-19 BP-192000116 0027418303 Partial payment against Renewal of Insurance Policies (EFU 1,000,000
General) P P P P P P P P P

30-Oct-19 BP-192000118 0027418302 Partial payment to M/s. Adamjee Insurance against renewal of 1,000,000
policies P P P P P P P P P

22-Jan-20 BP-192000393 0010505814 Partial payment against insurance policies (Adamjee Insurance) 1,000,000 P P P P P P P P P

21-Sep-20 BP-192000971 0070386131 Full & Final payment to Adamjee Insurance (2019-20) 1,000,000 P P P P P P P P P
31-Aug-20 JV-192000035 pca no-304 648,049 P P P P P P P P P
26-Aug-20 BP-192000885 ADAMJEE INSU AGANIST POLICY NO-355 620,899 P P P P P P P P P

26-Aug-20 BP-192000883 EFU INSURANCE AGANIST PREMIUM 3 MONTH OF 429,552

TAKAFUL P P P P P P P P P

26-Dec-19 BP-192000302 0027418358 Paid to Adamjee Insurance Company Ltd - Window Takaful 397,428
(Meezan Bank Ltd) P P P P P P P P P

18-Mar-20 BP-192000578 0030620727 Paid to Admajee Insurance for MCB Stock 284,216 P P P P P P P P P

26-Dec-19 BP-192000303 0027418359 Payment to Adamjee Insurance for 02 new vehicles of Mills 77,400 P
(Toyota VITZ) P P P P P P P P

22-Oct-19 BP-192000089 0047649650 Paid to Adamjee Insurance (Policy copy attached) 63,373 P P P P P P P P P
30-Sep-20 BP-192001001 0050757272 Payment to Adamjee against policy attached 62,736 P P P P P P P P P

13,783,188

1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included 2) Recorded transaction is accurate (all
captioned items and financial statement disclosures have been recorded in proper amount and in proper period), 3) Transaction has occurred during the year (every transaction
that is recorded or disclosed in the financial statements occurred at the appropriate date in the year which is being audited and should be included), 4) Classification is correct,
5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & casting are properly checked, 8) Authorisation of the supporting documents
are properly placed, 9) Checked related party transaction.
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
HEAD: TRADE DEPOSITS & SHORT TERM PREPAYMENTS
SUBJECT: PREPAID ADVANCE RENT

CHECKED / INQUIRED

DATE VOUCHER # CHEQUE # DESCRIPTION DEBIT 1 2 3 4 5 6 7 8 9

20-Feb-20 BP-192000497 0047649707 Adv payment of Office Rent for 06 months to Mr. Sikander Hayat 1,155,000 P P P P P P P P P

PAID TO SIKANDAR HAYAT 6 MONTH AUG 15,2020 TO FEB

31-Aug-20 BP-192000893 1,155,000 P P P P P P P P P
14,2021

2,310,000

1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included 2) Recorded transaction is accurate (all
captioned items and financial statement disclosures have been recorded in proper amount and in proper period), 3) Transaction has occurred during the year (every transaction
that is recorded or disclosed in the financial statements occurred at the appropriate date in the year which is being audited and should be included), 4) Classification is correct,
5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & casting are properly checked, 8) Authorisation of the supporting documents
are properly placed, 9) Checked related party transaction.
CLIENT: SANGHAR SUGAR MILLS LTD
AUDIT FOR THE YEAR ENDED: SEPTEMBER 30, 2020
HEAD: TRADE DEPOSITS & SHORT TERM PREPAYMENTS
SUBJECT: PREPAID ADVANCE RENT

CHECKED / INQUIRED

DATE VOUCHER # CHEQUE # DESCRIPTION DEBIT 1 2 3 4 5 6 7 8 9

30-Apr-20 JV-192000023 PCA NO-215 4,379 P P P P P P P P P

31-Jan-20 JV-192000013 PCA NO-102 2,827 P P P P P P P P P
28-Feb-20 JV-192000016 PCA NO-132 2,827 P P P P P P P P P
31-Mar-20 JV-192000020 PCA NO-182 2,827 P P P P P P P P P
31-Dec-19 JV-192000009 PCA NO-074 2,168 P P P P P P P P P
30-Nov-19 JV-192000005 PCA NO-023 1,414 P P P P P P P P P
31-Aug-20 JV-192000035 pca no-279 1,414 P P P P P P P P P

17,856

1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included 2) Recorded transaction is accurate (all
captioned items and financial statement disclosures have been recorded in proper amount and in proper period), 3) Transaction has occurred during the year (every transaction
that is recorded or disclosed in the financial statements occurred at the appropriate date in the year which is being audited and should be included), 4) Classification is correct,
5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & casting are properly checked, 8) Authorisation of the supporting documents
are properly placed, 9) Checked related party transaction.