Nasir Energy Saving Lamp Industries

Statement of Financial Position

Description
Non Current Assets:
Property, Plant & Equipment
Capital Work-in-progress

30.06.2014
379,570,147
379,570,147
-

30.06.2013
405,081,766
405,081,766
-

Current Assets:
Advances, Deposits and Prepayment
Inventories
Cash & Cash equivalents

199,209,138
13,021,470
186,115,484
72,184

235,899,740
13,528,258
222,044,329
327,153

Total Assets

578,779,285

640,981,506

Shareholders Equity
Share Capital
Retained Earnings

68,204,145
2,500,000
65,704,145

(48,782,933)
2,500,000
(51,282,933)

Current Liabilities
Short term loan
Security Deposit from Supplier
Sundry Creditors
Inter Company payable

510,575,140
1,000,220,652
1,883,034
(491,528,546)

689,764,439
502,154,098
3,276,264
2,134,913
182,199,164

Total Shareholders Equity and Liabilities

578,779,285

640,981,506

Nasir Energy Saving Lamp Industries

Statement of Comprihensive Income

Description

30.06.2014

Revenue
Cost of Goods Sold
Gross Profit

404,553,441
(148,496,067)
256,057,374

Operating Expense:
General & Administrative Expense
Selling and Distribution Expense

(20,390,875)
(12,398,303)
(7,992,572)

30.06.2013

63%

201,802,669
(111,668,244)
90,134,425

3%
2%

(18,959,671)
(13,493,233)
(5,466,438)

Operating profit

235,666,499

71,174,754

Finance Cost
Contribution to WPPF
Other Income-weaving charge
Profit before income tax

(118,679,421)
116,987,078

(93,629,610)
(22,454,856)

Provision for income tax

Current tax
Deferred tax
Tax holiday reserve

Net profit for the year

Earning Per Share (EPS)

116,987,078

(22,454,856)

4,679.48

(898.19)

Cost of Goods Sold

Opening Raw Materials
Add: Purchase during the year
Less: Closing stock of raw material
Raw Material Consumption
Factory Overhead (Note-15.01)
Cost of Goods Manufacture
Add: Opening Stock of Finished Goods
Less: Closing Stock of Finished Goods
Cost of Goods Sold

188,729,061
56,496,313
154,937,519
90,287,855
56,876,600
147,164,455
31,313,743
178,478,198
29,982,131
148,496,067
0

61%
39%

155,625,687
81,808,298
188,729,061
48,704,924
53,753,586
102,458,510
40,523,477
142,981,987
31,313,743
111,668,244
(0)

Industries Limited

al Position
30.06.2012
416,533,134
416,533,134
-

30.06.2011
224,700,375

208,081,018
10,021,680
198,009,703
49,635

99,222,662

624,614,152

323,923,037

23,372,820
201,327,555

21,534,996
77,543,068

144,598

(26,328,077)
2,500,000
(28,828,077)

(4,039,407)
2,500,000
(6,539,407)

650,942,229
568,591,198
3,276,264
243,476
78,831,291

327,962,444
5,320,512
31,070
322,610,862

624,614,152

323,923,037

Industries Limited

rihensive Income
30.06.2012

45%

30,283,334
(12,876,030)
17,407,304

7%
3%

(5,034,295)
(3,627,976)
(1,406,319)

30.06.2011

57%

(3,637,650)
(3,637,650)

12%
5%

(1,605,513)
(1,580,357)
(25,156)

12,373,009

(5,243,163)

(34,661,679)
(22,288,670)

(900,573)
(6,143,736)

48%
52%

(22,288,670)

(6,143,736)

(891.55)

(245.75)

77,543,069
113,785,461
155,625,687
35,702,843
17,696,664
53,399,507
53,399,507
40,523,477
12,876,030
(0)

67%
33%