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Thursday, March 6, 2008 15:09
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BALANCE SHEET
AS AT SEPTEMBER 30, 2007 |
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Note |
2007 |
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2006 |
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Rupees |
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| SHARE CAPITAL AND RESERVES |
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| Authorized capital |
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| 30,000,000 Ordinary shares of Rs. 10/- each |
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300,000,000 |
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300,000,000 |
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| Issued, subscribed and paid-up capital |
3 |
244,071,980 |
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244,071,980 |
| General reserve |
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27,000,000 |
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27,000,000 |
| Accumulated loss |
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(274,020,755) |
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(194,761,180) |
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| NON CURRENT LIABILITIES |
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| LONG TERM FINANCES - Secured |
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| Markup bearing |
4 |
77,837,201 |
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98,137,331 |
| Markup free |
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5 |
328,469,956 |
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350,347,119 |
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| DEFERRED LIABILITIES |
6 |
4,385,021 |
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10,950,497 |
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| CURRENT LIABILITIES |
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| Current portion of long term finances |
7 |
264,674,818 |
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232,179,526 |
| Trade and other payables |
8 |
358,265,701 |
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316,673,405 |
| Accrued markup |
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30,362,089 |
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20,168,618 |
| Dividend payable |
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- |
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12,203,599 |
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| CONTINGENCIES & COMMITMENTS |
9 |
- |
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- |
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| PROPERTY, PLANT AND EQUIPMENTS |
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| 10 |
730,193,658 |
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768,342,186 |
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| LONG TERM LOANS |
11 |
274,360 |
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367,070 |
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| LONG TERM DEPOSITS |
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940,426 |
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936,426 |
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| CURRENT ASSETS |
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| Stores, spares and loose tools |
12 |
20,096,124 |
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21,322,885 |
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| Stock in trade |
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13 |
104,602,113 |
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130,760,547 |
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| Trade debts - Unsecured |
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| (considered good) |
14 |
80,120,050 |
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7,028,672 |
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| Loans and advances |
15 |
91,268,548 |
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41,329,964 |
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| Prepayments and other receivables |
16 |
16,012,129 |
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22,812,965 |
| Income tax receivable |
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1,184,410 |
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466,721 |
| Cash and bank balances |
17 |
16,354,193 |
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123,603,459 |
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| The annexed notes form an integral part of these financial statements. |
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Pursuant to order of the Ehtesab Bench of Lahore High Court on CM26/99 , the Balance Sheet and Profit & Loss Account has been authenticated by the Receiver to comply with the requirements of section 241of the Companies Ordinance, 1984. |
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| RECEIVER |
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Copyright
© 2007 Ansari Sugar Mills Limited |
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