|
|
Profit and Loss Account
For the Year ended June 30, 2004 |
| |
| |
Note |
2004
Rupees |
|
2003
Rupees |
|
| Sales |
21 |
240,342,883 |
|
219,546,057 |
|
| Cost of Sales |
22 |
194,701,327 |
|
172,215,719 |
|
| Gross Profit |
|
45,641,556 |
|
47,330,338 |
| |
| Administrative expenses |
23 |
15,173,369 |
|
15,524,431 |
| Selling and distribution expenses |
24 |
22,996,945 |
|
22,828,284 |
|
|
38,170,314 |
|
38,352,715 |
|
| Operating Profit |
|
7,471,242 |
|
8,977,623 |
| |
| Other Income |
25 |
3,541,016 |
|
2,668,524 |
|
|
11,012,258 |
|
11,646,147 |
| |
| Financial charges |
26 |
3,851,279 |
|
6,143,596 |
| Other charges |
27 |
1,398,459 |
|
2,065,997 |
|
|
|
|
|
| |
| Profit Before Taxation |
|
5,762,520 |
|
3,436,554 |
|
|
|
|
|
| Taxation |
28 |
(4,383,720) |
|
(1,590,466) |
|
|
|
|
|
| Profit After Taxation |
|
1,378,800 |
|
1,846,088 |
|
|
|
|
|
| Unappropriate profit brought
forward |
|
591,633 |
|
1,785,545 |
|
|
1,970,433 |
|
3,631,633 |
|
|
|
|
|
| Appropriations |
|
|
|
|
|
|
|
|
|
Proposed dividend Rs._____(2003: Rs. 1.30) per
ordinary share of Rs. 10 each
Transfer to general reserve |
|
(1,120,000)
- |
|
(1,040,000)
(2,000,000) |
|
|
(1,120,000) |
|
(3,040,000) |
Unappropriate profit carried
forward to
revenue
reserves |
|
850,433 |
|
591,633 |
|
|
|
|
|
| Earnings Per Shares |
29 |
1.72 |
|
2.31 |
|
|
|
|
|
| |
| |
| |
The annexed notes from 1 to
38
form an integral part of these financial statements.
|
|
|
Imran Azim |
|
Amber H. Saigol |
|
|
|
Chief Executive |
|
Chairperson |
|
|
