Balance Sheet

Note 2011 2012

Equity And Liabilities
Share Capital And Reserves
Authorized sare capital
1,100.000.000(2011;1,100,000,000)ordinary share 11,000,000 11,000,000
Issued, subscribed and paid up share capital 3 3,515,999 3,515,999
Reserves 4 31,877,960 34,246,750
Total Equity 35,393,959 37,762,749
Liabilities
Non-current Liabilities
Long term financing 5 2,659,328 3,289,538
Liabilities against assets subject to finance lease 6 202,628 137,040
Deferred income tax liabilities 7 510,640 310,305
Total 3,372,596 3,736,883
Current Liabilities
Trade and other payable 8 2,577,020 3,397,640
Accrued mark- up 9 358,454 269,579
Short term borrowings 10 10,471,685 9,665,849
Current portion of non current liabilities 11 1,283,865 1,106,902
Provision for taxation 631,325 686,781
Total 15,322,349 15,126,751
Total liabilities 18,694,945 18,863,634
Contingencies and Commitments 12
Total equity and liabilities 54,088,904 56,626,383

Assets NO 2011 2012

Non Current Assets
Property, plant and equipment 13 13,303,514 14,318,639
Investment properties 14 126,834 241,969
Long term investment 15 21,337,889 21,912,790
Long term loans 16 849,206 268,330
Long term deposits and prepayments 17 29,502 36,984
Total 35,646,945 36,778,712
Current Assets
Stores, spare parts and loose tools 18 955,136 1,019,041
Stock in trade 19 9,846,680 9,695,133
Trade debts 20 2,481,259 3,489,070
Loans and advancees 21 756,351 867,631
Short term deposits and prepayments 22 47,211 41,008
Other receivables 23 1,406,890 758,077
Accrued interest 24 34,260 30,062
Short term investments 25 1,781,471 1,589,093
Cash and bank balances 26 1,132,701 2,358,556
Total 18,441,959 19,847,671

Total Assets 54,088,904 56,626,383

Profits and Loss Accounts

Notes 2011 2012
Sales 27 48,565,144 44,924,101
Cost of sales 28 -40,718,697 -38,134,910
Gross profit 7,846,447 6,789,191
Distribution cost 29 -2,190,946 -2,555,327
Administrative expenses 30 -656,756 -731,740
Other Operating expenses 31 -431,220 -343,699
Total -3,278,472 -3,630,766
Gross profit-Total 4,567,975 3,158,425
Other Operating income 32 2,444,985 2,683,685
Profit from operating 7,012,960 5,842,110
Finance cost 33 -1,601,048 -1,760,543
Prifit before taxation 5,411,912 4,081,567
Provision for taxation 34 -568,000 -553,000
Profit after taxation 4,843,912 3,528,567
Earnings per share basic and diluted (rupeez) 35 14 10
Balance Sheet

2013 2014 2015

11,000,000 11,000,000 11,000,000

3,515,999 3,515,999 3,515,999
55,401,036 65,073,177 72,626,824

58,917,035 68,589,176 76,142,823

3,083,410 6,431,304 5,582,220

66,322 _
499,415 474,878 247,462
3,649,147 6,906,182 5,829,682

3,785,501 4,428,996 4,858,315

300,755 295,054 221,394
11,939,028 14,468,124 11,524,143
1,310,769 1,595,652 1,783,250
732,359 765,393 780,393
18,068,412 21,553,219 19,167,495

21,717,559 28,459,401 24,997,177

80,634,594 97,048,577 101,140,000

2013 2014 2015

15,530,320 22,964,388 24,357,269

394,745 386,748 479,242
37,378,224 44,771,715 51,960,454
84,997 102,726 94,284
41,748 48,008 58,307
53,430,034 68,273,585 76,949,556

1,285,371 1,316,479 1,335,763

10,945,439 12,752,495 10,350,193
6,243,535 2,929,054 3,014,466
1,898,334 4,184,485 5,575,273
40,018 42,893 44,849
1,019,164 1,504,538 1,625,281
13,550 15,172 2,540
4,362,880 3,227,560 2,189,860
1,128,862 2,802,316 52,219
26,937,153 28,774,992 24,190,444

80,634,594 97,048,577 101,140,000

2013 2014 2015

52,426,030 54,444,091 51,177,677
-43,381,545 -46,580,317 -45,153,439
9,044,485 7,863,774 6,024,138
-2,529,455 -2,554,627 -2,426,295
-870,269 -1,032,238 -1,101,658
-409,429 -344,516 -366,142
-3,809,153 -3,931,381 -3,894,095
5,235,332 3,932,393 2,130,043
2,739,102 3,653,041 4,004,655
7,974,434 7,585,434 6,134,698
-1,617,581 -1,609,882 -1,744,773
6,356,853 5,975,552 4,389,925
-510,000 -463,000 -478,000
5,846,853 5,512,552 3,911,925
17 16 11