Habib Sugar Mills Limited

Balance Sheet as at September 30, 2011

Note
Assets
Non-Current Assets
Fixed assets
Property, plant and equipment
Long-term investments
Long-term loans
Long-term deposits
Current Assets
Stores and spares
Stock-in-trade
Trade debts
Loans and advances
Trade deposits and short-term prepayments
Sales tax and excise duty adjustable
Other receivables
Cash and bank balances

3
4
5

6
7
8
9
10
11
12

Total Assets
Equity and Liabilities
Share Capital and Reserves
Share Capital
Authorised
150,000,000 (2010: 120,000,000) Ordinary
shares of Rs. 5 each
Issued, subscribed and paid-up capital

13

Reserves
Unrealised gain on long-term investments available for sale

14

Non-Current Liabilities
Deferred taxation
Current Liabilities
Trade and other payables
Provision for income tax - net
Contingencies and Commitments
Total Equity and Liabilities

15
16
17
18

2011
2010
(Rupees in thousands)

795,1
923,8
94
566,8
59
2,9
48

817,8
695,4
60
32
3,860
2,948

76,7
580,0
62
92
185,6
99
194,1
11
14,5
85
14,5
03
1,222,1
38
2,287,8
90
4,016,7
47

68,782
319,3
76
114,1
78
58,741
8,771
32,631
6,215
1,307,2
68
1,915,9
62
3,436,0
62

750,000
750,0
00
2,208,2

600,000
600,00
0
1,753,24

559,8
33

497,98
1

2,768,09
3,518,0
90
81,5
00
372,7
57
44,4
00
417,1

2,251,222
2,851,22
2
86,500

4,016,7
47
The annexed notes 1 to 34 form an integral part of these financial statements.

Raeesul Hasan

469,4
09
28,931
498,3
3,436,0
62

Chief Executive

24

Murtaza H. Habib
Director