|
Balance
Sheet
As
at December 31, 2003 (Unaudited)
|
|
|
|
|
As At December 31,
|
|
As at June 30,
|
|
|
|
Note
|
|
2003
|
|
2003
|
|
|
|
|
|
-------------- Rupees
--------------
|
|
ASSETS
|
|
|
|
|
|
|
|
Non-Current
Assets
|
|
|
|
|
|
|
|
Fixed assets - tangible
|
|
|
|
|
|
|
|
Operating assets
|
|
|
|
10,315,082
|
|
10,138,694
|
|
Advance against purchase
of fixed assets
|
|
|
|
-
|
|
609,000
|
|
|
|
|
|
10,315,082
|
|
10,747,694
|
|
Intangible assets
|
|
4
|
|
35,930,562
|
|
1,888,889
|
|
Long-term loans and term finances - net
|
|
|
|
319,304,795
|
|
332,046,956
|
|
Long-term security deposits
|
|
|
|
2,093,760
|
|
2,168,760
|
|
Deferred tax asset
|
|
5
|
|
31,667,358
|
|
1,331,046
|
|
|
|
|
|
399,311,557
|
|
348,183,345
|
|
Current
Assets
|
|
|
|
|
|
|
|
Short-term investments
|
|
6
|
|
1,959,524,132
|
|
1,516,433,840
|
|
Advance subscription for securities
|
|
|
|
3,776,500
|
|
20,000,000
|
|
Funds placements
|
|
|
|
100,692,450
|
|
159,741,185
|
|
Short-term finances - net
|
|
|
|
636,848,482
|
|
753,439,136
|
|
Advances, prepayments and other receivables
|
|
|
|
122,414,271
|
|
61,296,073
|
|
Advance taxation - net
|
|
|
|
-
|
|
13,876,901
|
|
Cash and bank balances
|
|
|
|
20,667,142
|
|
91,456,620
|
|
|
|
|
|
2,843,922,977
|
|
2,616,243,755
|
|
TOTAL
ASSETS
|
|
|
|
3,243,234,534
|
|
2,964,427,100
|
|
|
|
|
|
|
|
|
|
EQUITY
AND LIABILITIES
|
|
|
|
|
|
|
|
Share
Capital and Reserves
|
|
|
|
|
|
|
|
Authorized capital
|
|
|
|
|
|
|
|
50,000,000 (June 30, 2003 : 50,000,000)
ordinary shares of Rs. 10/-each
|
|
|
|
500,000,000
|
|
500,000,000
|
|
Issued, subscribed and paid-up capital
|
|
|
|
|
|
|
|
30,000,000 (June 30, 2003 : 30,000,000)
fully paid ordinary shares of Rs. 10/-each issued
for cash
|
|
|
|
300,000,000
|
|
300,000,000
|
|
Statutory reserve
|
|
|
|
48,871,226
|
|
48,871,226
|
|
Unappropriated profit
|
|
|
|
112,710,713
|
|
50,484,913
|
|
|
|
|
|
461,581,939
|
|
399,356,139
|
|
|
|
|
|
|
|
|
|
Surplus
on revaluation of securities - net
|
|
|
|
14,315,103
|
|
68,974,631
|
|
Non-Current
Liabilities
|
|
|
|
|
|
|
|
Long-term loans
|
|
|
|
66,900,716
|
|
149,150,716
|
|
Long-term certificates of deposit
|
|
7
|
|
250,000,000
|
|
86,107,323
|
|
|
|
|
|
316,900,716
|
|
235,258,039
|
|
Current
Liabilities
|
|
|
|
|
|
|
|
Current maturity of long-term loans
|
|
|
|
70,764,095
|
|
218,675,468
|
|
Short-term certificates of investment
|
|
|
|
733,788,119
|
|
634,602,263
|
|
Short-term borrowings
|
|
|
|
1,586,000,000
|
|
1,260,152,200
|
|
Short-term security deposits
|
|
|
|
6,000,000
|
|
6,000,000
|
|
Accrued expenses and other liabilities
|
|
|
|
19,976,498
|
|
29,408,360
|
|
Provision for taxation - net
|
|
|
|
33,908,064
|
|
52,000,000
|
|
Proposed dividend
|
|
|
|
-
|
|
60,000,000
|
|
|
|
|
|
2,450,436,776
|
|
2,260,838,291
|
|
Contingencies
and commitments
|
|
8
|
|
-
|
|
-
|
|
TOTAL EQUITY AND LIABILITY
|
|
|
|
3,243,234,534
|
|
2,964,427,100
|
|
|
|
|
|
|
|
|
|
Review Report Annexed
The
annexed notes from 1 to 13 form an integral part of these financial
statements
|
|
