Project of Accounting

Dep : ADP (accounting & Finance)

Section : 2nd Grey
Group Members
Faraz Ali (068)
Zain Asghar (067)
Bilal (0
Nishat linen:
 Nishat Linen was founded in 1989 by Naaz Mansha, the wife of Pakistani
businessman, Mian Muhammad Mansha. In 1989, a factory owned by Nishat Linen became
operational.

Sales/Revenue 103,703
 Sales Growth 17.71%

Cost of Goods Sold (COGS) incl. D&A 87,433

COGS excluding D&A 82,884

Depreciation & Amortization Expense 4,549

Depreciation 4,549

Amortization of Intangibles -

COGS Growth 21.57%

Gross Income 16,270

Gull Ahmad:

ُ is a Pakistani textile company which manufactures

Gul Ahmed Textile Mills Limited (‫)گل احمد‬
and sells clothing through a chain of retail outlets under the name 'Ideas by Gul

Cash From Operating Activities 2021(9 M) 2021(6M) 2021(3M)

Depreciation/Depletion 2003.36 908.59 3410.12
Amortization 18.53 9.9 36.89
Deferred Taxes - - -
Non-Cash Items 1576.95 947.88 2386.62
Cash Receipts - - -
Cash Payments - - -
 Cash Taxes Paid 935.51 -1416.37 882.63
Cash Interest Paid 1015.44 606.83 1944.02
Changes in Working Capital -3147.58 -1062.46 -11910.94

Junaid Jamshed:
Our Story. J. was established in 2002 with a unique philosophy to revive the country's cultural
heritage and make Shalwar Kameez; the popular wear, and soon became one of the most
famous and recognizable clothing brands in South East Asia.

Operating activities  
Operating profit 16 14,796
Depreciation and amortization 16 3,465
Impairment 711
Net result on disposal of businesses 4 (1,678)
Other non-cash items of income and expense 16 248
Cash flow before changes in operating assets and liabilities   17,542
 
Decrease/(increase) in working capital 16 314
 Variation of other operating assets and liabilities 16 (699)
Cash generated from operations   17,157
 
Interest paid (815)
Interest and dividend received 76
Taxes paid (2,645)
Dividends and interest from associates and joint ventures 14 604

Khadi:
About us. Khaadi is the first Pakistani fast fashion company with multinational ambitions.
Khaadi has revolutionized Fashion Retail with its innovative designs and state of the art stores,
providing customers an intimate shopping experience. The first Khaadi store opened in 1998 at
Zamzama in Karachi

Y/e 31 Mar (In.Cr) Mar-2021 Mar-2020 Mar-2019

Revenue 626 772 799
yoy growth (%) (19) (3.40) --
Raw materials (446) (491) (496
 Sales / total Revenue (IN PKR MN)

Year Nishat linen Khadi Gull Ahmad J.

2020 88,104 99,377 30,046 51,022
2019 95,411 102,325 28,645 37,288
2018 83,264 156,343 25,643 41,821
2017 75,307 126,324 24,754 39,856

Khadi
It operates 52 stores, in 17 cities across Pakistan, 22 stores across UK and various stores all
over the world including flagship largest store out of Pakistan in Mirdiff City Center in Dubai
Khaadi made an unwavering commitment to reviving local craft and recreating tradition and,
truly it did so by making it relevant to the 21st century. In true sense, Khaadi has been
about artistic expression that transcends age.
Everything cannot be measured in terms of profit and the Khaadi stores have been
instrumental in building a brand image. “Customers come to us not just to shop but also
because they identify with the same décor and ambience implemented in every Khaadi store.