RIZWAN & COMPANY Prepared By Reviewed By Schedule

Chartered Accountants
CLIENT : Shopdev (Private) Limited
PERIOD : June 30, 2019 Date: Date:
Subject : Translation Gain/ (Loss)

Objective : To ensure that translation gain/ (loss) are not materially misstated

Work Done: Balance agrees with GL

Translation GAIN/(LOSS) WORKING

Sr. No INVOICE NO. DATE AMOUNT RATE AMOUNT RATE AS AT TOTAL AMOUNT Translation
(Dirham) (PKR) YEAR END (PKR) GAIN/(LOSS)
1 EM-SU-1597 30-Apr-20 11,000 43.718 480,898 45.50 500,500 19,602
2 EM-SU-1593 30-Apr-20 7,000 43.718 306,026 45.50 318,500 12,474
3 EM-SU-1598 13-May-20 25,000 43.779 1,094,475 45.50 1,137,500 43,025
4 EM-SU-1599 16-May-20 39,810 43.562 1,734,203 45.50 1,811,355 77,152
5 EM-SU-1611 22-May-20 42,952 43.724 1,878,033 45.50 1,954,316 76,283
6 EM-SU-1626 31-May-20 7,000 44.378 310,646 45.50 318,500 7,854
7 EM-SU-1629 31-May-20 11,000 44.378 488,158 45.50 500,500 12,342
8 EM-SU-1627 31-May-20 1,632 44.378 72,425 45.50 74,256 1,831
9 EM-SU-1642 31-May-20 4,190 44.378 185,944 45.50 190,645 4,701
10 EM-SU-1644 18-Jun-20 41,381 45.319 1,875,346 45.50 1,882,836 7,490
11 EM-SU-1671 30-Jun-20 11,000 45.500 500,500 45.50 500,500 -
12 EM-SU-1645 30-Jun-20 36,000 45.500 1,638,000 45.50 1,638,000 -
13 EM-SU-1670 30-Jun-20 11,000 45.500 500,500 45.50 500,500 -
14 EM-SU-1669 30-Jun-20 7,000 45.500 318,500 45.50 318,500

Sub Total 255,965 11,383,654 11,646,408 262,754

AMOUNT AMOUNT RATE AS AT TOTAL AMOUNT Translation

Sr. No INVOICE NO. DATE (Pound) RATE (PKR) YEAR END (PKR) GAIN/(LOSS)

1 GB-SU-1595 30-Apr-20 5,000 201.88 1,009,400 208.03 1,040,150 30,750

2 GB-SU-1628 31-May-20 5,000 197.00 985,000 208.03 1,040,150 55,150

Sub Total 10,000 1,994,400 2,080,300 85,900

AMOUNT AMOUNT RATE AS AT TOTAL AMOUNT Translation

Sr. No INVOICE NO. DATE (Dollar) RATE (PKR) YEAR END (PKR) GAIN/(LOSS)

1 PG-SU-1614 19-May-20 3,184 160.05 509,599 167.75 534,116 24,517

2 LA-SU-1630-2 15-Jun-20 1,500 164.10 246,150 167.75 251,625 5,475
3 HH-SU-1646 18-Jun-20 4,250 165.60 703,800 167.75 712,938 9,138
4 UCB-SU-1651 18-Jun-20 4,000 165.60 662,400 167.75 671,000 8,600
5 AA-SU-1650 21-Jun-20 12,500 165.00 2,062,500 167.75 2,096,875 34,375

Sub Total 25,434 4,184,449 4,266,554 82,104

GRAND TOTAL 291,399 17,562,503 17,993,261 430,758

 RIZWAN & COMPANY Prepared By Reviewed By Schedule
Chartered Accountants
CLIENT : Shopdev (Private) Limited
PERIOD : June 30, 2019 Date: Date:
Subject : Translation Gain/ (Loss)

Objective : To ensure that translation gain/ (loss) are not materially misstated

Work Done: Balance agrees with GL

Translation GAIN/(LOSS) WORKING

Sr. No INVOICE NO. DATE AMOUNT RATE AMOUNT RATE AS AT TOTAL AMOUNT Translation
(Dirham) (PKR) YEAR END (PKR) GAIN/(LOSS)
 RIZWAN & COMPANY Prepared By Reviewed By Schedule
Chartered Accountants
CLIENT : Shopdev (Private) Limited
PERIOD : June 30, 2019 Date: Date:
Subject : Exchange Gain/ (Loss)

Objective : To ensure that exchange gain/ (loss) are not materially misstated

Work Done: Balance agrees with GL

EXCHANGE GAIN/(LOSS) WORKING

AMOUNT AMOUNT RECEIVING RATE AS AT TOTAL AMOUNT EXCHANGE

Sr. No INVOICE NO. INVOICE DATE (Dirham) RATE (PKR) RECEIT DATE (PKR) GAIN/(LOSS)
DATE
1 EM-SU-1291 27-Aug-19 97,000 42.813 4,152,817 30-Oct-19 42.40 4,112,850 (39,967)
2 EM-SU-1374 6-Nov-19 95,000 42.363 4,024,443 15-Jan-20 42.14 4,003,053 (21,390)
3 EM-SU-1410 11-Dec-19 15,425 42.195 650,855 30-Jan-20 42.05 648,695 (2,159)
4 EM-SU-1420 16-Dec-19 60,000 42.202 2,532,096 6-Mar-20 41.99 2,519,486 (12,610)
5 EM-SU-1373-2 31-Dec-19 453,000 42.157 19,096,949 30-Jan-20 42.05 19,050,828 (46,121)
6 EM-SU-1445 31-Dec-19 3,484 42.157 146,874 6-Mar-20 41.99 146,298 (576)
7 EM-SU-1446 31-Dec-19 3,500 42.157 147,548 19-Feb-20 42.00 146,991 (557)
8 EM-SU-1458 16-Jan-20 58,180 42.110 2,449,935 21-Feb-20 41.98 2,442,475 (7,460)
9 EM-SU-1486 31-Jan-20 3,465 42.059 145,733 29-Apr-20 44.00 152,456 6,723
10 EM-SU-1513 31-Jan-20 12,000 42.059 504,704 21-Apr-20 43.87 526,405 21,701
11 EM-SU-1495 25-Feb-20 53,580 41.995 2,250,110 20-Apr-20 44.51 2,384,897 134,787
12 EM-SU-1515-1-2 29-Feb-20 1,750 41.990 73,482 19-May-20 43.76 76,584 3,102
13 EM-SU-1514 29-Feb-20 12,000 41.990 503,878 21-Apr-20 43.87 526,405 22,527
14 EM-SU-1515-1-3 29-Feb-20 1,750 41.990 73,482 19-May-20 43.76 76,584 3,102
15 EM-SU-1531 13-Mar-20 75,500 43.281 3,267,706 29-Apr-20 44.00 3,321,922 54,216
16 EM-SU-1529 13-Mar-20 75,500 43.281 3,267,706 29-Apr-20 44.00 3,321,922 54,216
17 EM-SU-1528 13-Mar-20 75,500 43.281 3,267,706 29-Apr-20 44.00 3,321,922 54,216
18 EM-SU-1527 13-Mar-20 75,500 43.281 3,267,706 29-Apr-20 44.00 3,321,922 54,216
19 EM-SU-1555 15-Mar-20 1,750 43.281 75,742 19-May-20 43.76 76,584 842
20 EM-SU-1520 28-Mar-20 48,000 45.068 2,163,256 8-May-20 43.55 2,090,490 (72,766)
21 EM-SU-1553 31-Mar-20 12,000 45.384 544,613 3-Jun-20 44.74 536,848 (7,765)
22 EM-SU-1568 31-Mar-20 1,715 45.384 77,834 16-Jun-20 44.89 76,982 (852)
23 EM-SU-1552 1-Apr-20 36,000 45.419 1,635,094 14-May-20 43.76 1,575,442 (59,653)
24 EM-SU-1554 6-Apr-20 15,000 45.462 681,933 21-May-20 43.81 657,154 (24,778)
25 EM-SU-1564 15-Apr-20 5,600 45.460 254,576 14-May-20 43.59 244,098 (10,478)
26 EM-SU-1593 30-Apr-20 7,000 43.608 305,257 15-Jul-19 43.52 304,664 (593)
27 EM-SU-1594 30-Apr-20 3,500 43.608 152,629 12-Jun-20 44.72 156,512 3,884
28 EM-SU-1597 30-Apr-20 11,000 43.608 479,690 15-Jul-19 43.52 478,758 (932)
29 EM-SU-1598 13-May-20 25,000 43.819 1,095,465 15-Jul-19 43.52 1,088,085 (7,379)
30 EM-SU-1599 16-May-20 39,810 43.588 1,735,230 14-May-20 43.59 1,735,274 44
31 EM-SU-1611 22-May-20 42,952 43.810 1,881,739 15-Jul-19 43.52 1,869,418 (12,322)
32 EM-SU-1627 31-May-20 1,632 44.404 72,467 22-Jul-19 43.70 71,325 (1,142)
33 EM-SU-1629 31-May-20 11,000 44.404 488,443 22-Jul-19 43.70 480,746 (7,697)
34 EM-SU-1642 31-May-20 4,190 44.404 186,052 22-Jul-19 43.70 183,120 (2,932)
35 EM-SU-1644 18-Jun-20 41,381 45.288 1,874,067 23-Jul-19 43.72 1,809,265 (64,802)
36 NN-SU-1380 30-Sep-19 16,123 42.572 686,391 12-Dec-19 42.19 680,297 (6,094)
37 NN-SU-1381 31-Oct-19 16,123 42.385 683,373 12-Dec-19 42.19 680,297 (3,076)
38 NN-SU-1491 30-Nov-19 16,128 42.263 681,624 20-Mar-20 43.20 696,740 15,115
39 NN-SU-1491-1 31-Dec-19 16,128 42.157 679,902 20-Mar-20 43.20 696,740 16,838
40 NN-SU-1491-2 31-Jan-20 16,128 42.059 678,322 20-Mar-20 43.20 696,740 18,418

Sub Total 1,560,294 66,937,428 66,987,274 49,846

Sr. No INVOICE NO. DATE AMOUNT RATE AMOUNT RECEIVING RATE AS AT TOTAL AMOUNT EXCHANGE
(Pound) (PKR) DATE RECEIT DATE (PKR) GAIN/(LOSS)

1 AD-SU-1257 15-Jul-19 3,000 200.71 602,127 29-Aug-19 191.57 574,721 (27,406)

2 AD-SU-1129 11-Sep-19 5,400 193.18 1,043,190 29-Aug-19 191.57 1,034,497 (8,693)
3 AD-SU-1405 3-Dec-19 5,365 201.34 1,080,195 24-Dec-19 200.27 1,074,447 (5,748)
4 GB-SU-1444 31-Dec-19 10,000 203.45 2,034,465 24-Feb-20 199.28 1,992,753 (41,712)
5 GB-SU-1510 29-Feb-20 10,000 198.79 1,987,881 10-Mar-20 205.72 2,057,239 69,358
6 GB-SU-1550 31-Mar-20 10,000 205.41 2,054,123 16-Jun-20 208.31 2,083,084 28,960
7 ZG-SU-1270 31-Jul-19 12,000 194.14 2,329,623 08-Jul-19 197.10 2,365,229 35,606
8 ZG-SU-1303 31-Aug-19 11,965 191.08 2,286,321 29-Jul-19 197.81 2,366,841 80,520
9 ZG-SU-1341 30-Sep-19 12,000 192.58 2,310,955 11-Sep-19 193.18 2,318,201 7,245
10 ZG-SU-1376 31-Oct-19 12,000 201.53 2,418,328 02-Oct-19 191.33 2,295,933 (122,395)
11 ZG-SU-1404 30-Nov-19 12,000 200.29 2,403,486 30-Oct-19 200.57 2,406,881 3,395
12 ZG-SU-1442 31-Dec-19 12,000 203.45 2,441,358 27-Nov-19 202.51 2,430,123 (11,236)
13 ZG-SU-1475 31-Jan-19 12,000 203.00 2,435,963 16-Mar-20 195.54 2,346,462 (89,501)
14 ZG-SU-1509 29-Feb-20 12,000 198.79 2,385,457 16-Mar-20 195.54 2,346,462 (38,995)
15 ZG-SU-1549 26-Mar-20 6,000 198.02 1,188,095 29-Apr-20 201.08 1,206,454 18,359

Sub Total 145,730 29,001,567 28,899,327 (102,241)

AMOUNT AMOUNT RECEIVING RATE AS AT TOTAL AMOUNT EXCHANGE

Sr. No INVOICE NO. DATE RATE
(Dollar) (PKR) DATE RECEIT DATE (PKR) GAIN/(LOSS)

1 HH-SE-0001 25-Mar-20 1,862 158.68 295,455 25-Mar-20 161.61 300,911 5,456

2 HH-SU-1646 18-Jun-20 4,250 166.35 706,988 26-Jun-20 167.67 712,589 5,601
3 LA-SU-1630-2 15-Jun-20 1,500 164.86 247,284 26-Jun-20 167.67 251,502 4,218
4 OR-SU-1250 9-Jul-19 2,520 157.38 396,585 17-Jul-19 159.82 402,756 6,171
5 OR-SU-1271 1-Aug-19 2,510 159.42 400,147 05-Sep-19 156.38 392,523 (7,624)
6 OR-SU-1301 1-Sep-19 6,050 156.86 948,989 02-Oct-19 156.35 945,890 (3,099)
7 RB-SU-1425 20-Dec-19 2,853 154.90 441,952 20-Dec-19 154.90 441,952 -
8 UCB-SU-1651 18-Jun-20 4,000 166.35 665,400 29-Jun-20 168.19 672,758 7,358

Sub Total 25,545 4,102,799 4,120,881 18,082

GRAND TOTAL 1,731,569 100,041,794 100,007,482 (34,312)