G4 - Admin Expenses

Prepared by NAB Schedule
Date 25-Feb-19
Reviewed by
Date
Client name Dewan Drilling Limited

Period end December 31, 2018
Account head Administrative and general expenses
Subject Lead sheet
Particulars Schedule Current period Prior period

Ref. Rs. Rs.
Administrative and general expenses 11,360,203 17,704,914
11,360,203 17,704,914
Date 25-Feb-19
Reviewed by
Date

Subject Sub-Lead sheet
Particulars Schedule Current period Prior period Variance Variance Variance

Ref. Rs. Rs. Rs. %age Annotations
Salaries, wages and benefits 8,314,430 14,298,147 5,983,717 41.85% (a)
Traveling and accommodation 520,244 324,183 (196,061) -60.48% (b)
Depreciation 534,762 932,025 397,263 42.62% (c)
Ammortization 62,803 133,200 70,397 52.85% (d)
Legal charges & consultancy 404,248 455,378 51,130 11.23% (e)
Accounting program expenses 234,773 204,253 (30,520) -14.94% (f)
Audit fee 500,000 500,000 - 0.00% (g)
Telephone and other utilities 128,739 186,538 57,799 30.99% (h)
Vehicle running expenses 294,818 296,061 1,243 0.42% (i)
Printing and stationery 35,237 64,425 29,188 45.31% (j)
Insurance 197,534 122,123 (75,411) -61.75% (k)
Office rent 102,405 93,094 (9,311) -10.00% (l)
Repair and maintenance 54,850 82,311 27,461 33.36% (m)
Exchange (gain) / loss (97,405) (18,835) 78,570 -417.15% (n)
Other expenses 83,375 32,011 (51,364) -160.46% (o)
Grand Total 11,370,813 17,704,914
(a) Salaries and wages are decreased due to stoppage of projects of rigs.
(b) Traveling & accommodation charges increase because of the effords made to increase
business activities
(c) Depreciation decrease because of the fully depreciated assets.
(d) Amortization Decrease because of no renewal of licences.
(e) Legal and professional charges are increased due to the payment of licence fee to
International drilling association and payment to Tola associated for delisting of Dewan
drilling from Sind revenue board.
(f) Accounting program charges because of upgradation of the software.
(h) Telephone & other utilities decrease because of sharing basis.
(i) Less load shedding results in low vehicle running cost which includes the cost of fuel of
generator.
(j) Cost cutting and reclassification of expenses.
(k) policies expires and not obtaining new policies.
(l) Officies shifted to smaller building.
(o) Cost cutting and reclassification of expenses.
Prepared by IS Schedule
Date 19-Feb-17
Reviewed by <G4-3>
Date

Subject Variance
Particulars Schedule Current period Prior period Variance

Ref. Rs. Rs. Rs. %age
Salaries, wages and benefits 21,630,465 23,794,082 (2,163,617) -9%
Traveling and accommodation 332,681 495,649 (162,968) -33%
Depreciation 1,379,724 1,540,759 (161,035) -10%
Ammortization 133,565 70,432 63,133 90%
Legal charges & consultancy 233,558 290,591 (57,033) -20%
Accounting program expenses 193,807 115,642 78,165 68%
Audit fee 500,000 500,000 - 0%
Telephone and other utilities 310,056 555,678 (245,622) -44%
Vehicle running expenses 265,655 518,482 (252,827) -49%
Printing and stationery 238,020 189,571 48,449 26%
Insurance 244,558 341,681 (97,123) -28%
Office rent 209,102 528,690 (319,588) -60%
Repair and maintenance 57,192 54,629 2,563 5%
Exchange (gain) / loss 160,727 450,407 (289,680) -64%
Other expenses 182,547 122,092 60,455 50%
Grand Total 26,071,657 29,568,385
<2>
Date 25-Feb-17
Reviewed by <G4-4>
Date

Account head Salaries, wages and benefits
Subject Breakup
Particulars Schedule Current period Prior Variance

Staff salary - Head Office <G4-5> 12,623,544 20,836,120 8,212,576 39%
Wages - Head Office - - - #DIV/0!
EOBI - Head Office <9> 78,600 78,600 - 0.0%
Medical Expenses - Head Office <12> 68,261 152,900 84,639 55.4%
Staff Gratuity - Head Office <12A> 2,860,060 2,726,462 (133,598) -5%
(A) 15,630,465 23,794,082
Directors Remuneration <13> 6,000,000 6,004,320 4,320 0.07%

(B) 6,000,000 6,004,320
Total (A+B) 21,630,465 29,798,402

Prepared by IS Sched
Date 20-Feb-17
Reviewed by <G4
Date

Subject Monthly variance
Schedule As per ledger Variance

Months-2016 Ref. Rs. Rs. %age Reasoning
January <6> 1,081,827 - 0%
February 1,085,827 4,000 0%
March 1,064,357 (21,470) -2%
April 1,067,157 2,800 0%
May 1,084,277 17,120 2% 282.000 final settelment
June 1,067,157 (17,120) -2%
July 1,067,157 - 0%
August 1,067,157 - 0%
September 1,067,157 - 0%
October 1,067,157 - 0%
November 1,067,157 - 0%
December 837,157 (230,000) -22%
Total <6> 12,623,544 <5>
Note: Reasoning of monthly variations can be cross checked from employeewise/monthwise

working paper
Date 20-Feb-17
Reviewed by <G4-6>
Date

Subject Global reconciliation
Amount
Rs.
Salaries for the month of January 2016 1,081,827 <G4-5>

No. of months 12
Expected salaries for the period 12,981,924
Salaries as per ledger 12,623,544 <5>
Difference (358,380)
in percentage -2.8%
Head Salaries, wages and benefits
Subject Employeewise salaries
Sr. No Employee's Name Designation Location Joining Date January EOBI February EOBI March EOBI April EOBI May EOBI June
1 Mian Ghafur Kausar Director Drilling Islamabad 31-May-04 862,500 - 862,500 - 862,500 - 862,500 - 862,500 - 862,500
2 Shafaee ur Rehman Farooqui Executive Director Islamabad 1-Jul-13 230,000 - 230,000 - 230,000 - 230,000 - 230,000 - 230,000
3 Jamal Shahid Manager Accounts Islamabad 11-Sep-06 175,000 80 175,000 80 175,000 530 175,000 130 175,000 130 175,000
4 Safdar Hussain Electrician Islamabad 1-Aug-12 18,400 80 18,400 80 - 530 - - - - -
5 Muhammad Iqrar Qadir D E/ Procurement DWS 13-Sep-12 70,000 80 70,000 80 70,000 530 70,000 130 70,000 130 70,000
6 Sayed Khizar Abbas Accountant DWS 23-Jan-13 45,000 80 45,000 80 45,000 530 45,000 130 45,000 130 45,000
7 Faisal Imran Internee Islamabad 13-May-13 30,000 80 30,000 80 30,000 530 30,000 130 30,000 130 30,000
8 Muhammad Farrukh Munir Internee Islamabad 13-May-13 30,000 80 30,000 80 30,000 530 30,000 130 30,000 130 30,000
9 Syed Fahad Tariq Traniee Engineer Islamabad 6-May-14 25,000 80 25,000 80 25,000 530 25,000 130 25,000 130 25,000
10 Hanif Khan Security Gaurd Karachi 2-Jul-10 20,700 80 20,700 80 20,700 530 20,700 130 20,700 130 20,700
11 Nadeem Khan Security Gaurd Karachi 1-Apr-12 20,700 80 20,700 80 20,700 530 20,700 130 20,700 130 20,700
12 Mohammad Shafiq Afridi Driver Karachi 1-Jan-14 16,000 80 20,000 80 20,000 530 20,000 130 20,000 130 20,000
13 Dil Nawaz Khan Electric Helper Zulfiqar 28-Jul-12 17,250 130 -
Gross Salaries 1,543,300 <10> 1,547,300 1,528,900 1,528,900 1,546,150 1,528,900
Less: Employee's EOBI Contribution (800) (800) (4,770) (1,170) (1,300) (1,170)
Arrears (2,000) (2,000) (2,000) (2,000) (7,000) (7,000)
1,540,500 1,544,500 1,522,130 1,525,730 1,537,850 1,520,730
Charged to DWS 460,833 460,833 460,833 460,833 460,833 460,833

EOBI (160) (160) (160) (260) (260) (260)
460,673 460,673 460,673 460,573 460,573 460,573
Amount booked in Salary Sheet 1,079,827 <10> 1,083,827 1,061,457 1,065,157 1,077,277 1,060,157
Amount as per Ledger 1,081,827 1,085,827 1,064,357 1,067,157 1,084,277 1,067,157
Difference 2,000 2,000 2,900 2,000 7,000 7,000

Pre. By IS Schedule
Date 22-Feb-17
Rew. By <G4-7>
Date
EOBI July EOBI August EOBI September EOBI October EOBI November EOBI December EOBI Total
- 862,500 - 862,500 - 862,500 - 862,500 - 862,500 - 862,500 - 10,350,000
- 230,000 - 230,000 - 230,000 - 230,000 - 230,000 - - - 2,530,000
130 175,000 130 175,000 130 175,000 130 175,000 130 175,000 130 175,000 130 2,101,730
- - - - - - - - - 37,490
130 70,000 130 70,000 130 70,000 130 70,000 130 70,000 130 70,000 130 841,730
130 45,000 130 45,000 130 45,000 130 45,000 130 45,000 130 45,000 130 541,730
130 30,000 130 30,000 130 30,000 130 30,000 130 30,000 130 30,000 130 361,730
130 30,000 130 30,000 130 30,000 130 30,000 130 30,000 130 30,000 130 361,730
130 25,000 130 25,000 130 25,000 130 25,000 130 25,000 130 25,000 130 301,730
130 20,700 130 20,700 130 20,700 130 20,700 130 20,700 130 20,700 130 250,130
130 20,700 130 20,700 130 20,700 130 20,700 130 20,700 130 20,700 130 250,130
130 20,000 130 20,000 130 20,000 130 20,000 130 20,000 130 20,000 130 237,730
- - - - - - - - - - - - - 17,380
<8> 1,528,900 1,528,900 1,528,900 1,528,900 1,528,900 1,298,900 18,166,850
(1,170) (1,170) (1,170) (1,170) (1,170) (1,170) <9> (17,030)
(7,000) (12,000) (22,000) (22,000) (25,967) (15,000) (125,967)
1,520,730 1,515,730 1,505,730 1,505,730 1,501,763 1,282,730 18,023,853
460,833 460,833 460,833 460,833 460,833 460,833 5,530,000

(260) (260) (260) (260) (260) (260) (3,120)
460,573 460,573 460,573 460,573 460,573 460,573 5,527,180
1,060,157 1,055,157 1,045,157 1,045,157 1,041,190 822,157 12,496,673
1,067,157 1,067,157 1,067,157 1,067,157 1,067,157 837,157 12,623,544

<5>
7,000 12,000 22,000 22,000 25,967 15,000 126,871
Pre. By IS Schedule
Date 10-Feb-17
Rew. By <G4-8>
Date

Subject Employeewise salaries
Salary for the Month of July-2016
Monthly
Monthly Basic Special Tax (Deduction)/ Salary
Sr. No Employee's Name Designation Gross EOBI
Salary Allowance Deduction Arrears Payable
Salary
1 Mian Ghafur Kausar Director Drilling 862,500 - 862,500 146,304 - - 716,196
2 Jamal Shahid Manager Accounts 175,000 - 175,000 10,735 - 130 164,135
3 Muhammad Iqrar Qadir D E/ Procurement 70,000 - 70,000 1,322 - 130 68,548
4 Sayed Khizar Abbas Accountant 45,000 - 45,000 152 (5,000) 130 39,718
5 Shafaee ur Rehman Farooqui Executive Director 230,000 - 230,000 13,964 - - 216,036
6 Faisal Imran Internee 30,000 - 30,000 - - 130 29,870
7 Muhammad Farrukh Munir Internee 30,000 - 30,000 - - 130 29,870
8 Syed Fahad Tariq Traniee Engineer 25,000 - 25,000 - - 130 24,870
9 Hanif Khan Security Gaurd 20,700 - 20,700 - (2,000) 130 18,570
10 Nadeem Khan Security Gaurd 20,700 - 20,700 - - 130 20,570
11 Mohammad Shafiq Afridi Driver 20,000 - 20,000 - - 130 19,870
1,528,900 0 1,528,900 172,477 (7,000) 1,170 1,348,253
<7> Tax deductions 172,477
TOTAL 1,520,730
Date 10-Feb-16
Reviewed by <G4-9>
Date

Account head EOBI Head office
Expectation Ledger Difference

No of Employee's Employer's
Expected
Months Employees Contribution Contribution B Rs Rs
Amount (A+B)
A/80 (A) = A*5
January, 10 800 4,000 4,800 3,360 640
February, 10 800 4,000 4,800 3,840 160
March, 12 4,770 23,850 28,620 22,260 1,590
April, 15 1,170 5,850 7,020 5,460 390
May, 16 1,300 6,500 7,800 5,460 1,040
June, 15 1,170 5,850 7,020 5,460 390
July, 15 1,170 5,850 7,020 5,460 390
August, 15 1,170 5,850 7,020 5,460 390
September, 15 1,170 5,850 7,020 5,460 390
October, 15 1,170 5,850 7,020 5,460 390
November, 15 1,170 5,850 7,020 5,460 390
December, 15 1,170 5,850 7,020 5,460 390
17,030 85,150 102,180 78,600 6,550
<7>
No EOBI deduction has been made from Mr.Mian Ghafur Kausar and MR.Shafeeq Ur Rehman Cos of their age
exceeding 60 yrs.
Date 27-Feb-17
Reviewed by <G4-10>
Date

Subject Salaries calculations and payments
Salaries - February, 2016
Sr. No. Voucher Employee Gross Deductions Net Payment

Date No. Name Designation Location Rs. EOBI Tax Others Rs. Through
1 29-Feb-16 BPV0085 Mian Ghafur Kausar Director Drilling Islamabad 862,500 - 155,747 - 706,753
2 29-Feb-16 BPV0085 Shafaee ur Rehman Farooqui Executive Director Islamabad 230,000 - 19,371 - 210,629
3 29-Feb-16 BPV0085 Jamal Shahid Manager Accounts Islamabad 175,000 80 10,735 - 164,185 Transfer
4 29-Feb-16 BPV0085 Safdar Hussain Electrician Islamabad 18,400 80 - - 18,320 Letter
5 29-Feb-16 BPV0085 Muhammad Iqrar Qadir D E/ Procurement DWS 70,000 80 1,322 - 68,598 Drawn on
HBL
6 29-Feb-16 BPV0085 Sayed Khizar Abbas Accountant DWS 45,000 80 151 - 44,769 Corporate
7 29-Feb-16 BPV0085 Faisal Imran Internee Islamabad 30,000 80 - - 29,920 Centre
8 29-Feb-16 BPV0085 Muhammad Farrukh Munir Internee Islamabad 30,000 80 - - 29,920 Blue Area
9 29-Feb-16 BPV0085 Syed Fahad Tariq Traniee Engineer Islamabad 25,000 80 - - 24,920 Islamabad
10 29-Feb-16 BPV0085 Hanif Khan Security Gaurd Karachi 20,700 80 - 2,000 18,620
11 29-Feb-16 BPV0085 Nadeem Khan Security Gaurd Karachi 20,700 80 - - 20,620
12 29-Feb-16 BPV0085 Mohammad Shafiq Afridi Driver Karachi 20,000 80 - - 19,920
1,547,300 800 187,326 2,000 1,357,174
Charged to DWS #VALUE! 160 - - 460,673

#VALUE! 640 896,501
Tax effect 187,326
1,083,827 <7>
Pre. By IS Schedule
Date 10-Feb-17
Rew. By <G4-11>
Date

Subject Tax on salaries-July 2015
Basic Salary Annual Salary July's

Employee Tax as per calculations
July (A) (A*12) Deduction
Variable Monthly As per Salary
Sr. No. Name Designation Rs. Rs. Consequences Fixed Tax Rate Annual Tax Variance
Tax Ded. Sheet
30% exceeding
1 Mian Ghafur Kausar Director Drilling 862,500 10,350,000 1,422,000 1,005,000 2,427,000 202,250 146,304 55,946
7,000,000
17.5% of exceeding
2 Jamal Shahid Manager Accounts 175,000 2,100,000 137,000 52,500 189,500 15,792 10,735 (5,057)
18,00,000
3 Muhammad Iqrar Qadir D E/ Procurement 70,000 840,000 14,500 10% of 750,000 9,000 23,500 1,958 1,322 636
4 Sayed Khizar Abbas Accountant 45,000 540,000 2,000 5% of 500,000 2,000 4,000 333 152 181
20% of exceeding
5 Shafaee ur Rehman Farooqui Executive Director 230,000 2,760,000 259,500 52,000 311,500 25,958 13,964 11,994
2500,000
6 Faisal Imran Internee 30,000 360,000
7 Muhammad Farrukh Munir Internee 30,000 360,000
8 Syed Fahad Tariq Traniee Engineer 25,000 300,000
9 Hanif Khan Security Gaurd 20,700 248,400
10 Nadeem Khan Security Gaurd 20,700 248,400
11 Mohammad Shafiq Afridi Driver 20,000 240,000
Note: The company's year end on December 31, 2016 while tax year end June' 2016 So, salary for the month of July, 2016 is used as bench mark to calculate expected annual salary for tax year, July, 2016 to June, 2017.
Management's deduction for the month of July 2016 is checked from salary sheets provided.
Date 12-Feb-17
Reviewed by <G4-12>
Date

Account head Medical Expenses - Head Office
Payment Approval
Subject Vouching Test
Classification
Invoice/Bill
Voucher Invoice Party Particulars Payment WHT Amount
Sr. No.
Date Charging Payment Date No. Name Nature of Expense/Cost charged Through Rs. Rs.
JVA-16 - Quaid e Azam Amount paid to medical expenses of the wife of P P P
1 18-Oct-16 BPV0277 27-Sep-16 HBL-79 - 68,261
0477 Hospital Mr.Iqrar Qadir for the baby amouningRs.68,261
Total 68,261 <4>
Date 25-Feb-19
Reviewed by
Date

Subject Sub-Lead sheet

Ref. Rs. Rs.
Heads Verified Separately
Salaries, wages and benefits 8,314,430 14,298,147
Legal charges & consultancy 404,248 455,378
Depreciation 534,762 932,025
Ammortization 62,803 133,200
Insurance 197,534 122,123
Audit fee 500,000 500,000
Other expenses 83,375 32,011
Office rent 102,405 93,094
Telephone and other utilities 128,739 186,538
Total ( A ) 10,328,296 16,752,516
Heads Verified Combinely

Traveling and accommodation 520,244 324,183
Accounting program expenses 234,773 204,253
Vehicle running expenses 294,818 296,061
Printing and stationery 35,237 64,425
Repair and maintenance 54,850 82,311
Exchange (gain) / loss (97,405) (18,835)
Total ( B ) 1,042,517 952,398
Grand Total A + B 11,370,813 17,704,914
Pre. By MNA Schedule
Date 9-Feb-16
Rew. By
Date

Subject Directors Remuneration
Sr. No Employee's Name Designation Location Joining Date January February March April May June July August September October November December Total
1 Muhammad Ali ud Din Ansari CEO/Direcor Karachi 1-Jul-06 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 504,320 6,004,320
500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 504,320 6,004,320
*Rs. 4,320 EOBI of Ali Anasri for the period July-2013 to June-2014.
Prepared by UH Schedule
Date 6-Feb-15
Reviewed by
Date

Account head Donation & charity
Authorization
Classification
Supportings
Sr. No. Voucher Invoice Party Particulars Payment WHT Amount
Date No. Date No. Name Nature of Expense/Cost charged Through Rs. Rs.
Amount adjusted against advance Adjusted

Sadiq provided to Camp boss Zj 30 " Mr. against
1 31-Jan-14 4567 No No No 13,000 P O >
Khaskhali Faisal Manzoor" for day to day expenses monthly
at site and camp for the following: advance
Purchase of 2 goats for Sadqa for special
achievements at Site.
Amount paid through cross cheque to

the name of holding company for:
Dewan Contirbution of Dewan Drilling limited Via Cheque #
2 30-Sep-14 5469 N/A N/A Petroleum (DDL) in respect of donations to IDPs. 6265845 of No 2,500,000 P O >
Limited The only supporting evidence provided HBL
to us was email from M.Sohail Arshad
"DPL" to Mr. Jamal "Manager
Accounts" DDL and cc to CFO "DPL"
Mr. Mazhar Jawaid.
Amount Vouched 2,513,000
Ledger Total 197,534
Date 25-Feb-19
Reviewed by
Date

Account head Legal Expenses
Subject Lead sheet
Particulars Schedule Current period Prior period Variance

Ref. Rs. Rs. Rs.
Legal Expenses 404,248 233,558 (170,690) -73%
- 233,558
Date 25-Feb-19
Reviewed by <G4-15>
Date

Account head Legal charges & consultancy
Payment Approval
Classification
Invoice/Bill
Sr. No. Voucher Invoice Party Particulars Payment WHT Amount
Date No. Date No. Name Nature of Expense/Cost charged Through Rs. Rs.
Legal Fee
Being an amount paid as a membership fee of ICCI for P P P
1 31-Mar-18 JVA-18 -0126 N/A N/A ICCI Cash - 6,600
the year 2018.
Being an amount paid for the annual fee for two rigs for Deposited in P P P
2 30-Apr-18 JVA-18 -0183 13-Apr-18 49 IADC 93,915
year 2018. Bank Account
Being an amount withheld and deposited to FBR from P P P

3 30-Apr-18 JVA-18 -0187 5-Mar-18 N/A FBR 245.00 18,122
the payment made to IADC For two rigs.
Being an amount paid for the Recertification Audit for P P P
4 30-Jun-18 JVA-18 -0271 7-Jun-18 1806 TUV Ch # 303 - 97,954
ISO 9000-2005.
Being an amount booked for two days travelling charges P P P

5 30-Jun-18 JVA-18 -0275 7-Jun-18 N/A ISO 9000-2015 Cash 18,000
of TUV Auditor for the certification of ISO 9000-2005.
Being an amount paid for the purchase of Adhasive

6 30-Sep-18 JVA-18 -0382 N/A N/A N/A stamp for call out agreement between Dewan Drilling Cash - 2,000 P P P
Limited and Dewan Petrollum Private Limited
CASH PAYMENTS - 12/2018 SPE Conference MG
7 31-Dec-18 JVA-18 -0538 N/A N/A Kausar Cash 12,000 P P P
Kausar
Being an amount paid as tax consultancy fee to BDO P P P
8 28-Feb-18 JVA-18 -0093 N/A N/A BDO Bank 90,000
Ebrahim & Co.
Being an amount paid for the stay of ISO 9000-2015
9 30-Jun-18 JVA-18 -0280 N/A N/A Hotel De Papae personnel came for the purposes of ISO 9000-2015 Cash - 7,657 P P P
inspection.
Being an amount paid to Qasim Naeem for Consultancy P P P
10 30-Jun-18 JVA-18 -0281 30-Jun-18 1437 Qasim Naeem Bank - 58,000
on ISO 9000-2015 certification.
404,248
Account head Telephone & Utitlites
Subject Breakup
Particulars Schedule Current period Prior Period

Ref. Rs. Rs.
Telephone and other utilities 186,538 310,056
186,538 310,056
Date 26-Feb-19
Reviewed by
Date

Account head Telephone & Utitlites
Subject Breakup
Particulars Schedule Current period

Ref. Rs.
Communication (Telephone at Office) <17> 95,030
Head Office Utility <19> 31,959
126,989
Date 13-Mar-19
Reviewed by
Date

Account head Utilities
Subject Monthly
Months-2018 DPL Debit Note Traced
January 2,185 P
February 2,299 P
March 1,397 P
April 2,172 P
May 3,447 P
June 2,817 P
July 3,784 P
August 3,850 P
September 3,075 P
October 2,914 P
November 2,050 P
December 1,969 P
31,959
Annotations
{a}
Pre. By UH Schedule
Date 6-Feb-15
Rew. By
Date

Subject Monthly of communication of Executives
Nature:
Pospaid mobile connections are provided to Executives/Designation
enumerated below.
Accural of cost is booked when bills are received and paid subsequently
through Payable head except in case of "Rig Manager" whom petty cash
is reimbursed.
Manager
Chief Executive Director Rig Manager
Month Accounts /
Officer Drilling Islamabad
Finance
Rs. Rs. Rs. Rs.
January, 2014 10,767 2,966 1,500 499
February, 2014 2,859 2,166 1,500 506
March, 2014 2,768 2,084 1,630 650
April, 2014 3,590 1,704 1,500 525
May, 2014 6,060 1,875 1,500 499
June, 2014 20,668 1,599 1,500 521
July, 2014 3,642 1,150 1,500 508
August, 2014 3,345 1,532 1,500 509
September, 2014 6,988 1,567 1,500 546
October, 2014 10,082 1,432 1,500 489
November, 2014 6,173 1,615 1,500 472
December, 2014 2,418 1,432 1,500 573
79,360 21,122 18,130 6,297
The following vouhers were checked for relevant assertions:

Voucher # Charging Head Bill Amount
5762 Chief Executive Officer 2,418
5659 Director Drilling 1,615
5729 Manager Accounts / Finance 573
Prepared by UH Schedule
Date 9-Feb-15
Reviewed by
Date

Account head Utilities - Dewan Petroleum Limited Debit Note
Subject Monthly Charging as per G.L and supporting documents
Nature of cost charged under the head:

Head includes allocation of 5% to Dewan Drilling Limited in respect of total cost incurred for the utilities of main building islamabad. Cost includes Electricity bill, Gas bills, water
charges and generator fuel etc.
Expected
Ledger Voucher Breakup of Total Cost (As per Supportings)
Expense
Total
Supporting
Communication Head Office
CDA Bill
(A+B) Generator
Tracing
Tracing
(Telephone at Office) Utility Ledger / 5% No Electricity Gas Water Total
Month Fuel
(A) (B)
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
January, 2014 626 12,801 13,427 20,141 402,810
February, 2014 1,474 12,299 13,773 20,660 413,190
March, 2014 1,901 3,826 5,727 8,591 171,810
April, 2014 1,496 14,794 16,290 24,435 488,700
May, 2014 669 7,742 8,411 12,617 252,330
June, 2014 275 12,389 12,664 18,996 379,920
July, 2014 834 14,222 15,056 22,584 451,680
August, 2014 686 15,183 15,869 23,804 476,070
September, 2014 319 12,626 12,945 19,418 388,350
October, 2014 697 10,131 10,828 16,242 324,840
November, 2014 1,041 8,127 9,168 13,752 275,040
December, 2014 1,204 10,053 11,257 16,886 337,710
11,222 134,193 4,362,450
Note:
There were no supporting bills of "Generator fuel" were attached with voucher. Amount was allocated according to allocation schedule prepared by management.
Date 13-Mar-19
Reviewed by
Date

Subject Monthly-Breakup
Traced
Traced
Traced
Traced
Traced
DDL Domain DPL Debit
Month Mobilink Ufone Neya Tel Total
Renewal Note
January 2,422 P - P 3,146 P 459 P - P 6,027

February 2,525 P 5,300 P 2,319 P 945 P - P 11,089
March 2,344 P - P 2,367 P 666 P - P 5,377
April 3,657 P - P 6,771 P 756 P - P 11,184
May 1,722 P - P 11,949 P 611 P - P 14,282
June 3,346 P - P 2,979 P 948 P - P 7,273
July 2,697 P - P 1,781 P 613 P - P 5,091
August 3,081 P - P 3,266 P 796 P - P 7,143
September 2,958 P - P 2,190 P 311 P - P 5,459
October 2,803 P - P 2,786 P 995 P 4,272 P 10,856
November 2,048 P - P 2,402 P 1,694 P - P 6,144
December 2,441 P - P 1,838 P 826 P - P 5,105
Total 32,044 5,300 43,794 9,620 4,272 95,030
Annotations
{a} Mobilink includes Calling facility Expenses availed by Mr.Jamal, Mr.Kausar and Drilling Director.
{b} Ufone includes allowance availed by the CFO and CEO
{c} Integrated Security Systems is the communication network which connects Sites Office with Head Office and is
paying the Subscription fee to Premier System (Pvt) Ltd.
Date 13-Mar-19
Reviewed by
Date

Account head Office Rent
Subject Breakup
Particulars Schedule Current Prior Variance

Head Office Rent 102,405 209,102 106,697 51%
102,405 209,102
Annotations
{a} Karachi Office shut down its Operations previous Year
Date 13-Mar-19
Reviewed by
Date

Account head Head Office Rent
Months-2017 Office Rent Variance

Annot
Rs. %
January 8,127
February 8,127 - 0%
March 8,128 1.00 0%
April 8,127 (1.00) 0%
May 8,127 - 0% {a}
June 8,129 2 0%
July 8,940 811 9% {b}
August 8,940 - 0%
September 8,940 - 0% {c}
October 8,940 - 0%
November 8,940 - 0%
December 8,940 - 0%
102,405 <20>
Annotations
{a}
{b}
{c}
Date 13-Mar-19
Reviewed by
Date

Account head Islamabad office Rent
Amount
Rs.
Rent for the month of January 2017 8,127

No. of months 12
Expected rent for the period 97,524
Rent as per ledger 102,405
Difference 4,881
in percentage 4.77%
Reconciliation
Rent increase from the month of July -17 Rs.738 ( Rs.813*6) 4,878
4,878
Net difference 3
in percentage 0.00%
Date 13-Mar-19
Reviewed by
Date

Account head Combined Heads
Subject Lead sheet

Ref. Rs. Rs.
Traveling and accommodation 324,183 332,681
Accounting program expenses 204,253 193,807
Vehicle running expenses 296,061 265,655
Printing and stationery 64,425 238,020
Repair and maintenance 82,311 57,192
Exchange (gain) / loss (18,835) 160,727
Other expenses 83,375 182,547
Total 1,035,773 1,430,629
Account head DPL Debit Note
Nature of cost charged under the head:

Head includes allocation of monthly Vehicle's fuel cost of Mr. Kausar "
Managing Director" Islamabad by Dewan Petroleum Limited through debit note
to Dewan Drilling Limited.
Ledger Voucher Vehicle Fuel Supporting

Month Amount Rs. No M.G Kausar Sab Bills
January, 2015 15,261
February, 2015 14,069
March, 2015 14,102
April, 2015 14,854
May, 2015 15,641
June, 2015 15,544
July, 2015 15,576
August, 2015 15,302
September, 2015 10,515
October, 2015 10,515
November, 2015 6,711
December, 2015 13,892
161,982
Date 13-Mar-19
Reviewed by
Date

Account head Vehicle running expenses
Subject Monthly Charging
Manager
DPL Debit Director Manager
Months-2017 Accounts / Total
Note Drilling Finance
Finance
Rs. Rs. Rs. Rs. Rs.
January - - - 10,490 10,490
February - - - 8,400 8,400
March - 11,802 11,302 9,250 32,354
April - 11,737 7,840 - 19,577
May - 11,752 - 6,700 18,452
June - 12,025 13,900 9,110 35,035
July - - - 9,100 9,100
August 12,758 - - 9,500 22,258
September 12,436 - - 9,600 22,036
October 12,403 - - 14,500 26,903
November 13,099 - 9,690 7,784 30,573
December 13,603 - 11,481 - 25,084
Total 64,299 47,316 54,213 94,434 260,262
Prepared byNAB Schedule
Date 28-2-19
Reviewed by
Date

Authorization
Classification
Supportings
Sr. No. JV Invoice Party Particulars Payment WHT Amount
Date No. Date No. Name Nature of Cost Charged Through Rs. Rs.
COMBINED HEADS
Travelling and accomodation Expenses
Being an amount booked as a liabilty

South Travel against Air Tickets for travelling of P P P
1 28/02/2018 JVA-18 -0088 N/A N/A Accural 4,604 46,042
& Tours Finance manager from Islamabad to
Karachi and from Karachi to Islamabad.

2 30/04/2018 JVA-18 -0166 6-Feb-18 36,520.00 Ch # 254 2,955 57,425

3 30/04/2018 JVA-18 -0184 N/A N/A Accural 1,476 29,524

4 31/05/2018 JVA-18 -0225 12-May-18 38,160 Accural 2,700 57,600

South Travel against air tickets for travelling of P P P
5 31/10/2018 JVA-18 -0449 11-Sep-18 39,446 Accural 2,560 55,440
& Tours finance manager Kausar & Qadir for
visits to sites.
Total 246,031
Accounting Programme Expenses
Date 28-2-19
Reviewed by
Date

Authorization
Classification
Supportings
For this amount intercompany debit note

was issues on June 30, 2018. The whole P P P
6 30-Jun-18 JVA-18 -0276 N/A N/A Debit Note Adjustment - 234,773
group has arrange a training session for
the accountants of the company.
Total 234,773
Date 28-2-19
Reviewed by
Date

Authorization
Classification
Supportings
Printing and Stationery Expenses
Being an amount paid for the printing of

letter heads. The order is placed by P P P
7 30-Sep-18 JVA-18-0395 12-Sep-18 1239 Dewan Well Cash 595 4,095
Dewan Well Private Limited which is
the relaled party.
Total 4,095
Repair and Maintenace Expenses
Debit Being an amount booked as a repair and

Note/Dewan maintenance charges for the head office P P P
8 31-Dec-18 JVA-18 -0565 31-Dec-18 N/A Adjustment - 54,850
Petrollum pvt. which is to be apportioned as per agreed
Ltd terms with its related parties
Total 54,850
Others
Being an amount adjusted as an expense
for the extra sales tax deducted by the
9 31-Jul-18 JVA-18 -0310 2-Feb-18 K-001 TCPDC company on DDL's behalf. The Adjustment - 34,454 P P P
company claim for refund and not
ontained.
Total 34,454
Amount Vouched 834,465

Percentage 81%
Total 1,035,773
Date 13-Mar-19
Reviewed by
Date

Account head Exchange (gain) / loss
Subject Lead sheet
Sr.No Description Ref. Current period Ref. Prior period Variance

Rs. Rs. Rs. %age
1 Exchange (gain) / loss (97,405) (18,835) 78,570 -417%
(97,405) (18,835) 78,570
Date 28/2/2019
Reviewed by
Date

Account head Exchange gain / loss
Subject Sub lead sheet
Months HBL Account Faysal Bank Total

Dr Cr Dr Cr Rs.
Rs. Rs. Rs. Rs.
January 0 (108) - (232) (340)
February - - - - -
March - (5,205) - (5,205) (10,410)
April - - - - -
May - - - - -
June - (6,349) - (13,705) (20,054)
July - (2,842) - (6,040) (8,882)
August - (108) - (233) (341)
September - (46) - (46)
October - - - (27,537) (27,537)
November - (1,615) - (3,485) (5,100)
December - (5,651) - (12,079) (17,730)
Total - (21,924) - (68,516) (90,440)
Note Exchange Gains and losses from the Bank statements have been verified.
Prepared by MNA Schedule
Date 15-Feb-16
Reviewed by
Date

Account head Exchange (gain) / loss
DPL Debit Islamabad

Month Karachi Office Total
Note Office
Rs. Rs. Rs. Rs.
January, 2015
February, 2015
March, 2015
April, 2015
May, 2015
June, 2015
July, 2015
August, 2015
September, 2015
October, 2015
November, 2015
December, 2015
Pre. By UH Schedule
Date 9-Feb-15
Rew. By
Date

Account head Other expenses
DPL Debit Islamabad Karachi

Month Total
Note Office Office
Rs. Rs. Rs. Rs.
January, 2014 1,494 - 5,000 6,494
February, 2014 4,116 4,650 5,000 13,766
March, 2014 1,980 - 5,000 6,980
April, 2014 2,133 - 20,000 22,133
May, 2014 1,007 - 5,000 6,007
June, 2014 1,368 - 5,000 6,368
July, 2014 380 14,958 (3,663) 11,675
August, 2014 1,788 21,658 5,000 28,446
September, 2014 3,271 19,258 5,000 27,529
October, 2014 794 14,958 5,000 20,752
November, 2014 416 6,800 5,000 12,216
December, 2014 526 34,041 5,000 39,567
19,273 116,323 66,337 201,933
Prepared by Schedule
Date
Reviewed by
Date
Client name Template Company Limited

Period end June 30, 2013
Account head Insurance
Subject Vouching
Sr. No. Voucher Party name Particulars Policy Period end Months Amount
Date No. Start End Date No. Total Expense Prepayment
- - -

G4 - Admin Expenses

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G4 - Admin Expenses

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Prepared by NAB Schedule

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior period

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior period Variance Variance Variance

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior period Variance

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior Variance

Directors Remuneration <13> 6,000,000 6,004,320 4,320 0.07%

Total (A+B) 21,630,465 29,798,402

Client name Dewan Drilling Limited

Schedule As per ledger Variance

Note: Reasoning of monthly variations can be cross checked from employeewise/monthwise

Client name Dewan Drilling Limited

Salaries for the month of January 2016 1,081,827 <G4-5>

Charged to DWS 460,833 460,833 460,833 460,833 460,833 460,833

Amount as per Ledger 1,081,827 1,085,827 1,064,357 1,067,157 1,084,277 1,067,157

Difference 2,000 2,000 2,900 2,000 7,000 7,000

460,833 460,833 460,833 460,833 460,833 460,833 5,530,000

1,060,157 1,055,157 1,045,157 1,045,157 1,041,190 822,157 12,496,673

1,067,157 1,067,157 1,067,157 1,067,157 1,067,157 837,157 12,623,544

Client name Dewan Drilling Limited

Salary for the Month of July-2016

Client name Dewan Drilling Limited

Expectation Ledger Difference

Client name Dewan Drilling Limited

Salaries - February, 2016

Sr. No. Voucher Employee Gross Deductions Net Payment

Charged to DWS #VALUE! 160 - - 460,673

Client name Dewan Drilling Limited

Basic Salary Annual Salary July's

Client name Dewan Drilling Limited

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior period

Heads Verified Combinely

Client name Dewan Drilling Limited

Client name Dewan Drilling Limited

Amount adjusted against advance Adjusted

Amount paid through cross cheque to

Client name Dewan Drilling Limited

Particulars Schedule Current period Prior period Variance

Client name Dewan Drilling Limited

Being an amount withheld and deposited to FBR from P P P

Being an amount booked for two days travelling charges P P P

Being an amount paid for the purchase of Adhasive

Particulars Schedule Current period Prior Period

Client name Dewan Drilling Limited

Particulars Schedule Current period

Client name Dewan Drilling Limited

Months-2018 DPL Debit Note Traced

Client name Dewan Drilling Limited

The following vouhers were checked for relevant assertions:

Client name Dewan Drilling Limited

Nature of cost charged under the head:

Client name Dewan Drilling Limited

January 2,422 P - P 3,146 P 459 P - P 6,027

Client name Dewan Drilling Limited

Particulars Schedule Current Prior Variance

Client name Dewan Drilling Limited

Months-2017 Office Rent Variance

Client name Dewan Drilling Limited

Rent for the month of January 2017 8,127

Client name Dewan Drilling Limited