| DANDOT CEMENT COMPANY LIMITED |
| PROFIT AND LOSS
ACCOUNT |
| FOR THE PERIOD
ENDED SEPTEMBER 30, 2006 ( UN-AUDITED ) |
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Third Quarter ended |
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September |
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September |
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Mar.2006 |
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Mar.2005 |
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2006 |
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2005 |
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(Rupees in thousand) |
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(Rupees in thousand) |
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Note |
(Rupees in thousand) |
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( Rupees in thousand ) |
Rs.(000) |
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| SALES (Net) |
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(354,216) |
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93,946 |
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(354,216) |
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211,979 |
308,334 |
(392,114) |
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255,823 |
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246,893 |
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321,606 |
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| COST OF SALES |
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4 |
(210,387) |
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166,079 |
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(210,387) |
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240,739 |
251,572 |
(234,263) |
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250,261 |
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287,925 |
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263,279 |
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| GROSS (LOSS) / PROFIT |
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(143,829) |
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(72,133) |
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(143,829) |
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(28,760) |
56,762 |
(157,851) |
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5,562 |
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(41,032) |
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58,327 |
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| OPERATING
EXPENSES |
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| Administration
and general |
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(19,274) |
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2,303 |
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(19,274) |
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4,705 |
15,774 |
(18,276) |
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4,492 |
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10,509 |
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14,105 |
| Distribution
cost |
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(559) |
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269 |
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(559) |
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644 |
749 |
(1,341) |
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592 |
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800 |
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735 |
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19,833 |
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(2,572) |
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19,833 |
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(5,349) |
(16,523) |
19,617 |
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(5,084) |
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(11,309) |
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(14,840) |
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| OPERATING (LOSS) / PROFIT |
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(123,996) |
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(74,705) |
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(123,996) |
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(34,109) |
40,239 |
(138,234) |
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478 |
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(52,341) |
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43,487 |
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| Financial
Charges |
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11,254 |
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(29,269) |
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11,254 |
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(20,416) |
(23,242) |
14,981 |
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(16,011) |
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(23,063) |
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(17,689) |
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| Other income /
(charges) |
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5 |
(11,779) |
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8,318 |
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(11,779) |
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(8,955) |
5,231 |
(28,687) |
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(13,855) |
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(10,214) |
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10,625 |
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| PROFIT / (LOSS)
BEFORE TAXATION |
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(124,521) |
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(95,656) |
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(124,521) |
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(63,480) |
22,228 |
(151,940) |
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(29,388) |
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(85,618) |
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36,423 |
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| TAXATION -
Current |
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(1,775) |
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449 |
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(1,775) |
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1,066 |
1,541 |
(1,979) |
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1,288 |
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1,249 |
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1,384 |
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| NET PROFIT /
(LOSS) AFTER TAXATION |
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#REF! |
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#REF! |
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#REF! |
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#REF! |
#REF! |
#REF! |
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#REF! |
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(86,867) |
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35,039 |
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| Accumulated
loss brought forward |
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######## |
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######## |
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######## |
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######## |
######## |
######## |
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######## |
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(1,134,936) |
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(1,157,950) |
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| Incremental
depreciation due to revaluation of fixed assets |
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| For the period |
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(8,680) |
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45,058 |
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(8,680) |
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40,274 |
6,197 |
(6,998) |
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35,117 |
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18,174 |
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19,363 |
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| Accumulated loss
carried to balance sheet |
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#REF! |
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#REF! |
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#REF! |
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#REF! |
#REF! |
#REF! |
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#REF! |
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(1,203,629) |
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(1,103,548) |
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| Earning / (Loss)
per share - Basic ( Rupees ) |
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(0.29) |
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(3.45) |
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(3.65) |
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(0.29) |
2.15 |
#REF! |
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(0.45) |
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(1.28) |
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0.52 |
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| CHIEF FINANCIAL OFFICER |
|
DIRECTOR |
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CHIEF EXECUTIVE |
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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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DIRECTOR |
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