Notes to the Financial Statements
For Nine Months Ended March 31st, 2005 |
| |
| 1. |
These accounts are unaudited and
are being submitted to shareholders, in accordance with SRO
764 (1) / 2001 dated November 5, 2001 issued by the
securities & Exchange Commission of Pakistan. |
|
| 2. |
The Accounting Policies adopted for the
preparation of these periodical accounts for the period
ended 31st March 2005, are the same as those applied in the
preparation of the preceding published half yearly accounts
of the company. |
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|
|
31st March
2005 |
|
31st March
2004 |
|
|
|
(Rupees in '000) |
|
|
|
| 3. |
Operating Fixes Assets
Owned assets |
|
|
| |
Additions |
|
|
|
|
| |
Vehicles
Other equipment
Office equipment
EDP equipment |
|
6,124
2,230
65
887 |
|
-
-
-
215 |
| |
|
|
9,306 |
|
215 |
| |
|
|
|
|
|
| |
Disposals |
|
|
|
|
| |
Vehicles |
|
(845) |
|
(1,150) |
| |
|
|
8,461 |
|
(935) |
| |
|
|
|
|
|
| |
Intangible
Assets |
|
|
|
|
| |
Computer
Software |
|
1.071 |
|
- |
| |
|
|
|
|
|
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4. capital Work in Progress |
|
|
|
|
| |
|
|
|
|
|
| |
Material in
transit
Advances to supplier |
|
24,782
28,253 |
|
-
- |
| |
|
|
53,035 |
|
- |
| |
|
|
|
|
|
|
|
|
|
|
5. Related Party Transactions |
| |
|
|
31st March
2005 |
|
31st March
2004 |
| |
|
|
(Rupees in '000') |
| |
Sales and
service
Purchases
Cost allocated
Royalty
Contract assembly charges
Commission charged
Insurance premium
Bridge Finance |
|
2,135
34,360
-
11,787
11,160
-
7,897
- |
|
38,149
140
3,600
-
-
6,550
1,046
285,695 |
| |
|
|
|
|
|
|
| 6. |
In order to comply with the
requirements of International Accounting Standard 34 Interim
Financial Reporting, Balance Sheet has been compared with
the balances of annual financial statements whereas Profit
and Loss Account and Cash Flow Statement have been compared
with the balances of preceding 3rd quarters financial
statements. |
|
|
| 7. |
The figures have been rounded
off to the nearest thousand rupees. |
|
Ahmed Kuli Khan
Khattak
Chief Executive |
Muhammad Zia
Director |
|
