| DANDOT CEMENT
COMPANY LIMITED |
| BALANCE SHEET |
| AS
AT DECEMBER 31, 2006 (UN-AUDITED) |
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December |
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June |
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December |
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June |
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Note |
2006 |
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2006 |
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Note |
2006 |
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2006 |
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(Rupees in thousand) |
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(Rupees in thousand) |
| CAPITAL AND
LIABILITIES |
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PROPERTY AND ASSETS |
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| SHARE CAPITAL
AND RESERVES |
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NON CURRENT ASSETS |
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Authorized capital
70,000,000 |
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ordinary shares
of Rs. 10 each |
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700,000 |
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700,000 |
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Operating fixed assets - Tangible |
5 |
1,786,947 |
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1,796,726 |
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Capital work in progress |
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426 |
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261 |
| Issued,
subscribed and paid up capital |
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678,400 |
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678,400 |
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1,787,373 |
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1,796,987 |
| Share premium
reserve |
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31,801 |
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31,801 |
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| Accumulated
loss |
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(1,399,736) |
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(1,134,936) |
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(689,535) |
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(424,735) |
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| SURPLUS ON REVALUATION OF |
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LONG TERM LOANS |
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518 |
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1,087 |
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FIXED ASSETS |
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869,564 |
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893,191 |
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LONG TERM SECURITY DEPOSITS |
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9,926 |
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9,938 |
| NON CURRENT
LIABILITIES |
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DEFERRED COST |
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88,219 |
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108,384 |
| SPONSORS' AND
ASSOCIATES' LOANS |
3 |
745,648 |
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664,000 |
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1,886,036 |
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1,916,396 |
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| LONG TERM LOANS
AND LIABILITIES |
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270,630 |
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383,171 |
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| LIABILITIES AGAINST ASSETS |
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SUBJECT TO FINANCE LEASE |
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1,016 |
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1,907 |
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| DEFERRED
LIABILITIES |
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336,703 |
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304,112 |
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| LONG TERM
ADVANCES AND DEPOSITS |
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6,609 |
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6,736 |
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1,360,606 |
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1,359,926 |
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| CURRENT
LIABILITIES |
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CURRENT ASSETS |
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Trade and other liabilities |
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296,709 |
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226,069 |
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Stores, spares and loose tools |
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132,615 |
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186,848 |
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Mark up accrued |
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16,774 |
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14,820 |
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Stock in trade |
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40,040 |
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32,179 |
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Short term borrowings |
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119,165 |
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91,561 |
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Loan and advances |
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21,096 |
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20,737 |
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Current maturity of long term loans and liabilities |
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150,281 |
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102,847 |
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Deposits and short term prepayments |
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10,116 |
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9,646 |
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Taxation |
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10,839 |
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8,409 |
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Balance with statutory authorities |
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23,134 |
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20,514 |
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Other receivables |
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1,721 |
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1,053 |
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Cash and bank balances |
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19,645 |
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84,715 |
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593,768 |
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443,706 |
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248,367 |
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355,692 |
| CONTINGENCIES
AND COMMITMENTS |
4 |
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2,134,403 |
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2,272,088 |
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2,134,403 |
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2,272,088 |
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| The annexed
notes form an integral part of these financial statements. |
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ABDUR RAFIQUE KHAN |
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A. SHOEB PIRACHA |
|
Chief Executive |
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Director |
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