| DANDOT CEMENT COMPANY LIMITED |
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| BALANCE SHEET |
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| AS AT SEPTEMBER
30, 2006 ( UN-AUDITED ) |
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September |
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June |
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September |
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June |
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2006 |
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2006 |
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2006 |
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2006 |
| CAPITAL AND
LIABILITIES |
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( Rupees in thousand ) |
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PROPERTY AND ASSETS |
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( Rupees in thousand ) |
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| SHARE CAPITAL
AND RESERVES |
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NON CURRENT ASSETS |
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| Authorized
capital |
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| 70,000,000 ordinary shares |
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FIXED ASSETS - Tangible |
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| of Rs. 10/- each |
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700,000 |
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700,000 |
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Operating fixed assets |
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1,800,275 |
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1,796,726 |
| Issued,
subscribed and paid up capital |
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678,400 |
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678,400 |
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Capital work in progress |
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366 |
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261 |
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1,800,641 |
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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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(1,203,629) |
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(1,134,936) |
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LONG TERM LOANS |
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939 |
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1,087 |
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(493,428) |
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(424,735) |
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LONG TERM SECURITY DEPOSITS |
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9,938 |
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9,938 |
| SURPLUS ON
REVALUATION OF |
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| FIXED ASSETS |
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875,017 |
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893,191 |
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DEFERRED COST |
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108,384 |
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108,384 |
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| SPONSORS FRESH
FUNDS |
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250,000 |
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- |
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1,919,902 |
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1,916,396 |
| NON CURRENT
LIABILITIES: |
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CURRENT ASSETS |
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| SPONSORS AND
ASSOCIATES LOANS |
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682,580 |
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664,000 |
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Stores, spares and loose tools |
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147,987 |
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186,848 |
| LONG TERM LOANS
AND LIABILITIES |
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350,933 |
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383,171 |
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Stock in trade |
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63,731 |
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32,179 |
| LIABILITIES
AGAINST ASSETS SUBJECT |
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| TO FINANCE LEASE |
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1,142 |
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1,907 |
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Loans and advances |
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23,558 |
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20,737 |
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| DEFERRED
LIABILITIES |
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304,112 |
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304,112 |
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Deposits and short term prepayments |
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10,477 |
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9,646 |
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| LONG TERM
ADVANCES AND DEPOSITS |
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6,886 |
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6,736 |
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Balance with statutory authorities |
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19,983 |
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20,514 |
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1,345,653 |
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1,359,926 |
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| CURRENT
LIABILITIES |
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Other receivables |
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1,819 |
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1,053 |
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| Trade and other
payables |
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268,262 |
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226,069 |
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Cash and bank balances |
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297,120 |
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84,715 |
| Mark up accrued |
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14,026 |
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14,820 |
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564,675 |
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355,692 |
| Short term
borrowings |
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119,494 |
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91,561 |
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| Current
maturity of long term loans and liabilities |
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95,896 |
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102,847 |
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| Taxation |
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9,657 |
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8,409 |
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507,335 |
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443,706 |
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| CONTINGENCIES
AND COMMITMENTS (note 3) |
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2,484,577 |
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2,272,088 |
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2,484,577 |
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2,272,088 |
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| Statement under
Section 241(2) of the Companies Ordinance, 1984 |
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| These
Financial Statements have been signed by two Directors instead of Chief
Executive and one Director as the Chief Executive is not in Pakistan for the
time being. |
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A.SHOEB PIRACHA |
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M.TOUSIF PERACHA |
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DIRECTOR |
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DIRECTOR |
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