ABC LIMITED

STAFF PROVIDENT FUND

STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
AS AT DEC 31, 2020
Note 2020 2019
Rupees Rupees

Assets

Investments 3 XXX XXX

Loan to members XXX XXX
Cash at bank in savings accounts XXX XXX
Due from ABC Limited XXX XXX
Total assets XXX XXX

Less: Liabilities

Due to outgoing members XXX XXX

Accrued expenses XXX XXX

Net assets XXX XXX

Represented by:

Members' account 4 XXX XXX

FVTOCI Investments Reserve XXX XXX
XXX XXX

The annexed notes 1 to 5 form an integral part of these financial statements.

ABC LIMITED
STAFF PROVIDENT FUND
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DEC 31, 2020
Note 2020 2019
Rupees Rupees

Contributions during the year

- Members subscription XXX XXX
- Company contribution XXX XXX
XXX XXX

Income for the year

- Investment Income XXX XXX
- Income on loan to members XXX XXX
- Income on saving accounts XXX XXX
- Gain/(Loss) on remeasurement of FVTPL Investments XXX XXX
- Gain/(Loss) on disposal of Investments XXX XXX
- Impairment losses (XXX) (XXX)
XXX XXX

Unrealised gain/(loss) on FVTOCI investments XXX XXX

Transferred to outgoing members' balances (XXX) (XXX)
Permanent withdrawal by members (XXX) (XXX)

Increase in net assets available for benefits during the year XXX XXX

Net assets available for benefits at the beginning of the year XXX XXX

Net assets available for benefits at the end of the year XXX XXX

Added only in case of Defined benefit plan Trust:

Defined benefit liability per the Financial Statements of ABC Limited XXX XXX

Surplus / (Deficit) XXX XXX

The annexed notes 1 to 5 form an integral part of these financial statements.

 Note 2020 2019
Rupees Rupees
3. INVESTMENTS

Investments at Amortized Cost 3.1 XXX XXX

Investments carried at Fair value through Profit or loss 3.2 XXX XXX
Investments carried at Fair value through Other comp. income 3.3 XXX XXX
XXX XXX
3.1 Breakup by Investment
3.2 Breakup by Investment
3.3 Breakup by Investment
 2020 2019
4. MEMBERS' ACCOUNT Members Company Total Total
Rupees Rupees Rupees Rupees

Balance as at Jan 1 XXX XXX XXX XXX

Contribution during the year XXX XXX XXX XXX

Income allocated to members XXX XXX XXX XXX

Transferred to outgoing
members' balances (XXX) (XXX) (XXX) (XXX)
Permanent withdrawal
by members (XXX) (XXX) (XXX) (XXX)

XXX XXX XXX XXX

4.1 During the year income has been allocated to members on their respective opening balance @
13.5% (2019: 20%) per annum.

5. DATE OF AUTHORISATION

These financial statements were authorised for issue by the Trustees of the Fund on
___________.

Trustee Trustee