CLIENT: GATRON INDUSTRIES LIMITED

AUDIT FOR THE YEAR ENDED: JUNE 30, 2022

SUBJECT: OTHER RECEIVABLE

2022 2021
FINANCIAL STATEMENT CAPTIONED REFERENCE

Rs (000) Rs (000)

OTHER RECEIVABLE - 335,250 159,980

TOTAL 335,250 159,980

CLIENT: GATRON INDUSTRIES LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30, 2022
SUBJECT: OTHER RECEIVABLE

2022 2021
PARTICULARS REFERENCE
Rs (000) Rs (000)

Receivable from suppliers 57,279 89,074

Claims receivable from suppliers 1,051 2,756

Sales tax 185,606

Receivable from Federal Government - Sales tax 28,000 28,000

Receivable from Federal Government - Income tax 29,816 6,366

Receivable from Workers' Provident Fund Trust 480 -

Others 33,018 33,784

TOTAL 335,250 159,980

CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2022
HEAD: OTHER RECIEVABLES
SUBJECT: MOVEMENT

DESCRIPTION OPENING DEBIT CREDIT CLOSING

Receivable from suppliers

RECEIVABLEFROMSABIC 87,046,233 207,862,528 246,382,002 48,526,759

87,046,233 207,862,528 246,382,002 48,526,759

Claims receivable from suppliers

CLAIMR/A-L/CS 2,756,202 2,535,318 4,357,750 933,770

2,756,202 2,535,318 4,357,750 933,770

SALES TAX

Receivable from Federal Government - Sales tax

SALES TAX REFUNDABLE

SALESTAXREFUNDABLEAGNAUDIT2012-2016 8,000,000 - - 8,000,000

SALESTAXU/S-48(1)2013-14 6,888,000 - - 6,888,000

SALESTAXU/S-48(1)2014-15 10,845,000 - - 10,845,000

SALESTAXU/S-48(1)2015-16 2,267,000 - - 2,267,000

28,000,000 - - 28,000,000

Receivable from Federal Government - Income tax

INCOME TAX U/S-122 (5A) 2017-18 2,818,703 - - 2,818,703

INCOME TAX U/S-122 (5A) 2018-19 3,144,423 - - 3,144,423

SUPER TAX U/S-137 TY 2018 11,274,808 - - 11,274,808

SUPER TAX U/S-137 TY 2019 12,577,692 - - 12,577,692

29,815,626 - - 23,852,500

Receivable from Workers' Provident Fund Trust

Others

A/R-REBATEONEXPORTSALE-YARN 520,772 464,543 485,927 499,388

A/R-REBATEONEXPORTSALE-P/F 629,293 - 629,293 -

A/R-REBATEONEXPORTSALE-P/CHIPS 8,820 - 8,820 -

A/C-REC-BANKALFALAHLTD 49,470 - 49,470 -

A/C-REC-HABIBMETROPOLITANCLOTHMKT 30,000 - 30,000 -

A/C-REC-DUBAIISLAMICBANKPAKISTANLTD 43,334 - 43,334 -

A/C-REC-BANKAL-HABIBLIMITED 14,550 - - 14,550

RECEIVABLEFROMMISCELLANEOUSPARTIES 5,609,521 2,488,500 2,367,500 5,730,521

RECEIVABLE AGAINST PD ACCOUNT 990,903 6,429,635 6,940,932 479,606

GATROPOWER(PVT)LIMITED 3,065,821 261,865,755 261,349,408 3,582,168

NOVATEXLTD 23,144,354 95,320,591 98,662,345 19,802,600

G-PACENERGY(PVT)LTD 24,606 39,002 - 63,608

34,131,444 366,608,026 370,567,029 30,172,441

TOTAL 181,749,505 577,005,872 621,306,781 131,485,470

CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2022
SUBJECT: OTHER RECIEVABLES
SUB HEAD: CONTROL SHEET A/C RECIVABLE

VERIFIED % OF VERIFIED
DESCRIPTION TOTAL AMOUNT
AMOUNT AMOUNT

- - #DIV/0!
CLIENT: GATRON (INDUSTRIES) LIMITED Worked By:
AUDIT FOR THE YEAR ENDED: JUNE 30,2022 Date:
HEAD: OTHER RECIEVABLES Reviewed By:
SUB HEAD: A/ RECIVABLE FROM
CHECKED / INQUIRED

DATE VOUCHER # INSTRUEMENT # DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9

ü ü ü ü ü ü ü ü ü

TOTAL -
1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included), 2) Recorded Transaction is Accurate (all captioned items and financial
statement disclosures have been recorded in proper amount and in proper period), 3) Transaction is occurred and exists during the year (every transactions that is recorded or disclosed in the financial statements
exists at the appropriate date and should be included), 4) Classification is correct, 5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & Casting are properly checked, 8)
Authorisation of the supporting documents are properly placed, 9) Checked related party Transaction.
CLIENT: GATRON (INDUSTRIES) LTD
AUDIT FOR THE YEAR ENDED: JUNE 30, 2021
MAIN HEAD: ACCRUED MARK UP
SUB HEAD: MARK UP ON SHORT TERM BORROWINGS

WORKERSWELFAREFUND-P/A

DESCRIPTION AMOUNT

Balance as on July 1, 2020 785,550

Interest charged during the year -
Payments during the year -
Balance as on June 30, 2021 785,550

CONTROL SHEET

Total Balance Amount 785,550

Subsequently Verified -
% of Verification 0.00%

SUBSEQUENT TILL AUG 3, 2021

S. No Date Voucher # Description Amount

TOTAL -
CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2022
SUBJECT: OTHER RECIEVABLES
SUB HEAD: CONTROL SHEET LOTTE CHEMICALS

DESCRIPTION TOTAL AMOUNT VERIFIED % OF VERIFIED TOTAL AMOUNT VERIFIED % OF VERIFIED

AMOUNT AMOUNT AMOUNT AMOUNT

360,933,732 253,967,732 70% 258,304,162 247,111,132 96%

RECEIVABLE FROM LOTTE CHEMICALS
CLIENT: GATRON (INDUSTRIES) LIMITED Worked By:
AUDIT FOR THE YEAR ENDED: JUNE 30,2022 Date:
HEAD: OTHER RECIEVABLES Reviewed By:
SUB HEAD: OTHER RECEIVABLE FROM LOTTE CHEMICALS
CHECKED / INQUIRED

MODE OF
DATE VOUCHER # RECIEPT/P DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9
AYMENT

DEBIT CREDIT
31-Jul-21 JV-204 - AMT PROVD AGN PRICE SETTLEMENT DISC ON 5175 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR JUL-21 22,342,369.00 ü ü ü ü ü ü ü ü ü
21-Aug-21 BV-408 CHQ # 136994333 TO LOTTE CHEMICAL PAKISTAN LIMITED AGN PRICE SETLMNNT FOR M/O JUL'21 SMO 2200459 (PYD-21080353) 22,337,188.00 ü ü ü ü ü ü ü ü ü
22,337,188 22,342,369 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-172 - AMT PROVD AGN BULK DISC RS.725 PER M/T ON 2449.19 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR AUG-21 1,775,663.00 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-172 - AMT PROVD AGN 17% SALES TAX ON PRICE SETTLEMENT DISC ON 4013.99 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR 3,395,614.00 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-172 - AMT PROVD AGN PRICE SETTLEMENT DISC ON 4013.99 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR AUG-21 19,974,199.00 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-172 - AMT PROVD AGN 17% SALES TAX ON BULK DISC ON 2449.19 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR AUG-21 301,863.00 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-294 - AMT PROVD AGN DIFF OF 17% SALES TAX ON PRICE SETTLEMENT DISC ON 4013.99 M/T PTA PUR FROM LOTTE CHEMICAL PAK 936,503.00 ü ü ü ü ü ü ü ü ü
31-Aug-21 JV-294 - AMT PROVD AGN DIFF OF PRICE SETTLEMENT DISC ON 4013.99 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR AUG-21 5,508,840.00 ü ü ü ü ü ü ü ü ü
30-Sep-21 BR-172 CHQ#.00200064 FROM LOTTE CHEMICAL PAKISTAN LIMITED AGN PRICE SETTLEMENT & BULK DISCOUNT FOR THE M/O AUG-2021 31,892,682.00 ü ü ü ü ü ü ü ü ü
31,892,682 31,892,682 ü ü ü ü ü ü ü ü ü
30-Nov-21 JV-297 - AMT PROVD AGN DIFF 17% SALES TAX ON PRICE SETTLEMENT DISC ON 5553.92 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR 1,055,895.00 ü ü ü ü ü ü ü ü ü
30-Nov-21 JV-297 - AMT PROVD AGN DIFF OF PRICE SETTLEMENT DISC ON 5553.92 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR NOV-21 6,211,150.00 ü ü ü ü ü ü ü ü ü
30-Nov-21 JV-210 - AMT PROVD AGN PRICE SETTLEMENT DISC ON 5553.92 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR NOV-21 19,914,969.00 ü ü ü ü ü ü ü ü ü
30-Nov-21 JV-210 - AMT PROVD AGN VOLUME DISC ON PUR OF PTA $:6 PER M/T ON 5553.92 M/T DUR THE M/O NOV-21 FROM LOTTE CHEMICAL PAK LTD 5,831,616.00 ü ü ü ü ü ü ü ü ü
30-Nov-21 JV-210 - AMT PROVD AGN 17% SALES TAX ON BULK DISC ON 3144.32 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR NOV-21 387,537.00 ü ü ü ü ü ü ü ü ü
31-Dec-21 BR-126 CHQ#.00200951 FROM LOTTE CHEMICAL PAKISTAN LIMITED AGN PRICE SETTLEMENT & BULK DISCOUNTS FOR THE M/O NOV-2021 33,234,728.00 ü ü ü ü ü ü ü ü ü
33,401,167 33,234,728 ü ü ü ü ü ü ü ü ü
27-May-22 JV-263 - AMT PROVD AGN DIFF OF PRICE SETTLEMENT DISC ON 2160 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR MAY-22 18,111,617 ü ü ü ü ü ü ü ü ü
17-Jun-22 JV-226 - AMT PROVD AGN DIFF OF PRICE SETTLEMENT DISC ON 3962.40 M/T PTA PUR FROM LOTTE CHEMICAL PAK LTD DUR MAY-22 17,974,170 ü ü ü ü ü ü ü ü ü
20-Jun-22 BV -494 CHQ#145890259 TO LOTTE CHEMICAL PAKISTAN LIMITED AGN PRICE SETTLEMENT & BULK DISCOUNT FOR THE M/O MAY-2022 36,437,021 ü ü ü ü ü ü ü ü ü
36,437,021 36,085,787 ü ü ü ü ü ü ü ü ü

TOTAL 253,967,732 247,111,132

1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included), 2) Recorded Transaction is Accurate (all captioned items and financial statement disclosures
have been recorded in proper amount and in proper period), 3) Transaction is occurred and exists during the year (every transactions that is recorded or disclosed in the financial statements exists at the appropriate date and should
be included), 4) Classification is correct, 5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & Casting are properly checked, 8) Authorisation of the supporting documents are properly
placed, 9) Checked related party Transaction.
CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2022
SUBJECT: OTHER RECIEVABLES
SUB HEAD: CONTROL SHEET SABIC

VERIFIED % OF VERIFIED TOTAL VERIFIED % OF

DESCRIPTION TOTAL AMOUNT VERIFIED
AMOUNT AMOUNT AMOUNT AMOUNT
AMOUNT

DEBIT CREDIT

207,862,528 - 0% 246,382,002 - 0%
RECEIVABLE FROM SABIC
CLIENT: GATRON (INDUSTRIES) LIMITED Worked By:
AUDIT FOR THE YEAR ENDED: JUNE 30,2022 Date:
HEAD: OTHER RECIEVABLES Reviewed By:
SUB HEAD: OTHER RECIVABLE RECEIVABLE FROM SABIC
CHECKED / INQUIRED

DATE VOUCHER # MODE OF DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9

PAYMENT

DEBIT CREDIT

ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü

TOTAL - -
1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included), 2) Recorded Transaction is Accurate (all captioned items and financial statement disclosures have been recorded in
proper amount and in proper period), 3) Transaction is occurred and exists during the year (every transactions that is recorded or disclosed in the financial statements exists at the appropriate date and should be included), 4) Classification is correct, 5)
Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & Casting are properly checked, 8) Authorisation of the supporting documents are properly placed, 9) Checked related party Transaction.
CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2022
SUBJECT: OTHER RECIEVABLES
SUB HEAD: CONTROL SHEET SABIC

VERIFIED % OF VERIFIED TOTAL VERIFIED % OF

DESCRIPTION TOTAL AMOUNT VERIFIED
AMOUNT AMOUNT AMOUNT AMOUNT
AMOUNT

DEBIT CREDIT

207,862,528 - 0% 246,382,002 - 0%
RECEIVABLE FROM SABIC
CLIENT: GATRON (INDUSTRIES) LIMITED
AUDIT FOR THE YEAR ENDED: JUNE 30,2021
SUBJECT: OTHER RECIEVABLES
SUB HEAD: CONTROL SHEET G-PAC

VERIFIED % OF VERIFIED
DESCRIPTION TOTAL AMOUNT
AMOUNT AMOUNT

DISBURSEMENTS

39,002 - 0%
G-PAC ENERGY (PVT) LTD
CLIENT: GATRON (INDUSTRIES) LIMITED Worked By:
AUDIT FOR THE YEAR ENDED: JUNE 30,2022 Date:
HEAD: OTHER RECIEVABLES Reviewed By:
SUB HEAD: OTHER RECIVABLE RECEIVABLE FROM SABIC
CHECKED / INQUIRED

DATE VOUCHER # MODE OF DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9

PAYMENT

DEBIT CREDIT

ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü
ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü

TOTAL - -
1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included), 2) Recorded Transaction is Accurate (all captioned items and financial statement disclosures have been recorded in
proper amount and in proper period), 3) Transaction is occurred and exists during the year (every transactions that is recorded or disclosed in the financial statements exists at the appropriate date and should be included), 4) Classification is correct, 5)
Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & Casting are properly checked, 8) Authorisation of the supporting documents are properly placed, 9) Checked related party Transaction.
CLIENT: GATRON (INDUSTRIES) LIMITED Worked By:
AUDIT FOR THE YEAR ENDED: JUNE 30,2022 Date:
HEAD: OTHER RECIEVABLES Reviewed By:
SUB HEAD: OTHER RECEIVABLE FROM G-PAC
CHECKED / INQUIRED

MODE OF
DATE VOUCHER # DESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 9
PAYMENT

ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü

ü ü ü ü ü ü ü ü ü

TOTAL -
1) Transaction is completely recorded (every thing that should be recorded or disclosed in the financial statements has been included), 2) Recorded Transaction is Accurate (all captioned items and financial
statement disclosures have been recorded in proper amount and in proper period), 3) Transaction is occurred and exists during the year (every transactions that is recorded or disclosed in the financial statements
exists at the appropriate date and should be included), 4) Classification is correct, 5) Supporting documents examined and checked, 6) Checked calculation of amount, 7) Posting & Casting are properly checked, 8)
Authorisation of the supporting documents are properly placed, 9) Checked related party Transaction.