INCOME STATEMENT: (RS.

)
2009 2008
Net sale 30171520 23317198
cost of sales -23240176 -17120635

Gross profit 6931344 6196563

Selling and distribution expenses -1945176 -1657815
4986168 4538748
other operating income 1973467 2754330
other operating expenses -424110 -579556

finance cost -1320579 -1508948

-1744689 -2088504
Profit before taxation 5214946 5204574

taxation -1257696 -964144

Profit for the year 3957250 4240430
earning per share-basic and diluted 14.08 16.81

NET SALES: (RS.)

NET SALES: 2009 2008
Owns manufactured products 44,554,782 35,304,462
Less: sales tax 2,167,280 2,156,007
42,387,502 33,148,455

Purchase product/service rendered 15,839,885 7,938,161

Less: sales tax 75,019 113,569
15,764,866 7,824,592
Net sales 58,152,368 40,973,047
COSTS ANALYSIS: (RS.)
COST OF GOODS SOLD: 2009 2008
Direct material:
Opening stock 3,185,107 1,677,287
Purchases 8,631,214 6,882,960
Closing Stock 401,607 3,185,107
Direct material Used 11,414,714 5,375,140
Direct Labour 1,618,171 1,243,248
F.O.H:
Paking Material 21,775,169 16,704,322
Fuel Power 4,184,779 2,954,371
Repairs & Maintenance 789,094 665,318
Depriciation 1,589,923 1,038,399
Amortisation 9,532 6,961
Consumable store 244,636 195,965
Purchase services 277,735 329,558
Storage and handling 339,425 139,405
Travel 103,028 88,668
Communication & other expense 150,063 102,284
Insurance 234,744 101,434
Rent rate & taxes 114,619 69,152
Stock-finshed goods written off 14,139 528
Other expenses 123,130 66,233
Total F.O.H 29,950,016 22,462,598
Total manufacturing Cost 31,583,944 23,774,138
Opening stock of W.I.P 63,381 45,297
Colsing stock of W.I.P 62,663 63,381
718 (18084)
Cost of goods manufactured 31,584,662 23,756,054
Opening stock of finished goods manufactured 1,445,233 1,194,921
closing stock of finished goods manufactured 863,140 1,445,233
582,093 (250312)
Cost of goods sold - own Manufactured products 32,166,755 23,505,742
others 1,076,727 1,230,466
44,658,196 30,111,348
OTHER OPERATING EXPENSES: (RS.)

OTHER OPERATING EXPENSES: 2009 2008

Workers fund 280072 304140
Workers welfare fund 143737 154569
Legal & professional charges 80911 131782
R&D 26800 3075
Fixed assets written off - 409
Loss on death 2503 786
Foreign exchange loss 290280 230257
Auditors remuneration 15752 7127
Professional tax 213 210
Unrealizes fair value loss on investment - 2352
Others 3293 134876
TOTAL operating expenses 843561 969583
PERCENTAGE:
2009 2008
Direct material 19.63% 13.12%
Direct Labour 2.78% 3.03%
F.O.H 51.50% 54.82%

Comparison of Cost:
2009 2008
Direct material 19.63% 13.12%

Direct material
20.00%
15.00%
Direct material
10.00%
5.00%
0.00%
2009
2008
 2009 2008
Direct Labour 2.78% 3.03%

Direct Labour
3.05%
3.00%
2.95%
2.90% Direct Labour
2.85%
2.80%
2.75%
2.70%
2.65%
2009
2008

2009 2008
F.O.H 51.50% 54.82%

F.O.H
56.00%

55.00%

54.00%

53.00% F.O.H
52.00%

51.00%

50.00%

49.00%
2009 2008
The stock price in the stock market is Rs. 194.74 on 1st June
2011 according to www.kse.com.pk