JAMAL DIN WALI SUGAR Mills

Location:
Head office:
JDW Sugar Mills Ltd,17-Abid Majeed Road,Lahore Cantt, Lahore. UNIT I: Mauza Sharin, Jamal Din Wali,Distt. Rahim Yar Khan. UNIT II: Machi Goth, Sadiqabad,Distt. Rahim Yar Khan. UNIT III: Mauza Laluwali, Near Village Islamabad,Distt. Ghotki.

Directors:
Syed Ahmed Mahmud Director/Chairman Mr. Jahangir Khan Tareen Director/Chief Executive Mr. Ijaz Ahmed Phulpoto Mr. Asim Nisaar Bajwa Mr. Zafar Iqbal Mr. Muhammad Ismail Mr. Abdul Ghaffar

Product:
These mills produce CRYSTALINE SUGAR.

RAW Materials:
Sugar Cane

Process:
The Manufacturing Process:

1) Planting and harvesting

2) Preparation and processing

3) Juice extraction pressing 4) Purification of juice clarification and evaporation 5) Crystallization 6) Centrifugaling 7) Drying and packaging

Industry Profile:
Unit-I :
JDW Sugar Mills Limited (the Company) was incorporated in Pakistan on 31 May 1990 as a private limited company under the Companies Ordinance, 1984 and was subsequently converted into a public limited Company on 24 August 1991. Shares of the Company are listed on the Karachi and Lahore Stock Exchanges. Crushing capacity of this Unit is 20,000 TCD and is located in District Rahim Yar Khan. The principal activity of the Company is production and sale of crystalline sugar.

Unit-II:
JDW Unit-II (formerly United Sugar Mills Limited) was acquired by JDWSML in November 2005 and after four years successful operations this was merged into JDWSML w.e.f. October 1, 2008. USML was incorporated in Pakistan on February 5, 1970 and listed on Karachi Stock Exchange until 14 September 2008 when this was got de-listed. Crushing capacity of this Unit is 8,000 TCD and is located near Sadiqabad at distance of 45 Kms from JDW Unit-I in District Rahim Yar Khan. Since acquisition, JDW has invested approximately Rs. 620 million in up gradation & improving the efficiency and bringing it upto the level of JDW Unit I.

Unit-III:
JDW Unit-III (formerly Ghotki Sugar Mills (pvt) Limited) was incorporated on 02 June 2006 as a Private Limited Company under the Companies Ordinance, 1984. JDW UnitIII started crushing in year 2007-2008. The crushing capacity of this unit is 10,000 TCD

and is located in District Ghotki, Sindh Province. It is located at a distance of 145 Kms from JDW Unit-I and 100 Kms from JDW Unit-II. It was setup in the record time of 11 months between ground breaking and production and in the first year of production it reached 90,918 Tons with a recovery of 10.55 % which was the highest in the country.

Mission:
To be the market leader and a world-class organization by meeting and proactively anticipating customer needs. To maximize the wealth of stakeholders by optimizing the long term returns and growth of the business. To be amongst the most efficient and lowest cost producers in the industry. To ensure a safe, harmonious and challenging working environment for the employees.

Strategy:
To grow our base business in sugar and build those related activities where there is opportunity to smooth the impact of sugar price cycles. To produce sugar which is of highest international standards? To make investment in sugarcane crop to ensure regular supply of cane and profitability of growers. To offer equal and fair growth opportunities to all employees. To undertake and support community development and welfare projects in order to fulfill social commitments.

Cost analysis: a) Sales.? b) CGS-details-RAW material, direct labor, F.O.H c) Operating Expenses: detail selling, general and administrative d) Calculate % of all above individual cost components to sale. e) Comparison of cost in two years increase or decrease f) Share price in stock market.

2010 Rupees Gross sales Sales tax, SED & others Net sales Cost of sales Gross profit Administrative expenses Distribution and marketing expenses Other operating expenses Other operating income Operating profit Finance cost Share of loss of associated companies Profit before taxation Taxation Profit after taxation Basic and diluted earnings per share 21,387,670,717 (995,462,924) 20,392,207,793 (16,744,461,278) 3,647,746,515 (344,195,411) (11,956,057) (212,051,150) 47,729,198 (520,473,420) 3,127,273,095 (1,168,439,503) (6,957,792) 1,951,875,800 (711,473,399) 1,240,402,401 38 28.20

2009 Rupees 11,253,260,871 (1,354,802,114) 9,898,458,757 (7,510,054,464) 2,388,404,293 (227,193,383) (15,187,696) (115,552,852) 24,438,859 (333,495,072) 2,054,909,221 (1,127,467,695) (405,913) 927,035,613 (339,381,836) 587,653,777 13.50

ADMINISTRATIVE EXPENSES Salaries, wages and other benefits Depreciation Charity and donations Traveling and conveyance Legal and professional services Office rent and renovation Vehicle running and maintenance Consultancy and advisory Subscription and renewals Telephone, fax and postage Insurance Printing and stationery Fee and taxes Auditors remuneration Electricity and power Computer software and maintenance Advertisement Entertainment Arms and ammunition Newspapers, books and periodicals Other expenses 137,308,215 54,016,100 41,013,848 27,088,130 16,036,266 11,650,604 11,205,399 7,453,000 5,492,223 5,401,447 3,973,966 3,794,536 3,660,417 2,650,000 1,884,239 1,443,599 2,018,558 770,393 132,631 42,892 7,158,948 344,195,411 80,494,367 25,292,582 35,035,435 28,058,605 8,737,634 11,720,838 7,187,945 2,250,000 2,575,542 3,410,244 2,498,132 2,913,774 4,976,743 1,680,000 1,594,090 607,665 3,243,534 383,030 62,084 4,471,139 227,193,383

Cost of goods manufactured Cost of sugarcane consumed (including procurement and other costs) 13,767,259,901 6,610,001,177 Salaries, wages and other benefits 27.1.1 535,540,073 474,230,381 Depreciation 16.2 371,168,043 391,236,264 Stores and spares consumed 316,166,756 201,853,657 Packing materials consumed 101,459,430 96,399,049 Oil, lubricants and fuel consumed 58,387,595 62,284,608 Insurance 40,155,509 33,195,173 Vehicle running expenses 56,112,362 50,328,865 Chemicals consumed 61,818,883 56,946,936 Electricity and power 32,562,889 24,876,732 Repairs and maintenance 30,154,330 30,895,838 Provision for obsolescence 44,082,604 Provision for doubtful advances 24,959,525 Assets written off 20,213,356 Freight and octroi 13,681,648 8,625,577 Mud and bagasse shifting expenses 11,554,846 10,707,545 Handling and storage 9,330,526 1,552,802 Printing and stationery 4,624,070 4,322,748 Traveling and conveyance 2,556,336 2,968,950 Telephone and fax 1,857,094 1,174,684 Other expenses 11,200,608 8,358,510 15,514,846,384 8,069,959,496