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Cash Flow Statement (Un Audited)
For The First Quarter Ended September 30, 2005
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September 30
2005 |
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September 30
2004 |
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Rupees |
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Rupees |
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| Cash Generated From
Operations |
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| (Loss) / Profit Before
Taxation |
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161,483 |
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5,762,520 |
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| Adjustment For Non
Cash Charges And Other Items |
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Depreciation of
property, plant and equipment
Depreciation of investment property
Amortisation of intangible assets
Provision for staff gratuity
Provision for doubtful debts
Financial charges
Gain on sale of property, plant and equipment |
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1,235,130
64,353
20,938
240,000
162,558
1,111,930
(363,200) |
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1,120,951
64,353
20,938
210,000
-
823,172
(516,141) |
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Operating profit before working
capital changes |
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1,169,035 |
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3,040,360 |
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| (Increase) /
Decrease in Current Assets |
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Stock-in-trade
Trade debts
Loan and advances
Trade deposits and short term prepayments
Other receivables |
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(9,890,547)
(1,875,790)
(3,531,088)
(1,796,062)
(1,437,316) |
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(5,164,709)
(2,134,600)
(783,605)
(2,445,564)
710,242 |
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(18,530,803) |
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(9,818,236) |
| Increase /
(Decrease) in Current Liabilities |
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Short term borrowings
Trade and other payables |
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1,007,185
1,220,477 |
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(1,675,320)
(291,885) |
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2,227,662 |
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(1,967,205) |
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Cash generated / (used in) from
operations |
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(15,134,106) |
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(8,745,081) |
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Financial charges paid
Staff gratuity paid
Tax paid |
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(1,009,304)
(4,358)
(879,059) |
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(799,880)
(85,643)
(2,744,861) |
| Net Cash (Outflow) From Operating Activities |
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(17,026,827) |
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(12,375,465) |
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| Cash Flows From
Investing Activities |
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Purchase of property, plant and
equipment
Long term deposits
Proceeds from sale of property, plant and equipment |
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(179,000)
56,911
417,200 |
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(195,000)
(3,500)
561,000 |
| Net Cash From Investing Activities |
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295,111 |
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362,500 |
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| Cash Flows From
Financing Activities |
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Repayment of liability under
finance lease
Repayment of long term loan
Repayment of redeemable capital |
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(529,480)
-
(1,750,000) |
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(516,572)
(500,000)
(1,125,000) |
| Net Cash (Outflow)
From Financing
Activities |
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(2,279,480) |
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(2,141,572) |
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(19,011,196) |
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(14,154,538) |
| Cash and cash
equivalents at the beginning of the year |
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(8,155,590) |
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(10,365,304) |
| Cash and cash
equivalents at the end of the quarter |
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(27,166,786) |
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(24,519,842) |
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| The Cash and cash
equivalent comprises of the following items |
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Cash and bank balances
Short term finances |
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2,210,329
(29,377,115) |
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3,919,954
(28,439,796) |
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(27,166,786) |
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(24,519,842) |
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Imran Azim
Chief Executive |
Amber H. Saigol
Chairperson |
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