Security Analysis model

8/20/2019 Security Analysis model

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SECURITY ANASUBMITTED

YOUNUS

ENTER

PREPARED BY: NOUMAN AHMED P

(570


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LYSIS PROJECTTO: SIR FARAZ

THAN

7)


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FFC(P&L) For!"#$%

FFC(BALANCESHEET)For!"#$%

FFC(R!#o")

'or!"#$%

FFC(Tr$% A!*"")

FFC(+ACC)

C!,!#o"

INDE-

MAIN

+or./" ForA"",1#o"


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FFC(CASHFLO+S)

FFC(B$#!)

C!,!#o"

FFC(A"",1#o")


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135


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Pro2# !% Lo

3005 3004

Sales 22,423,386 26,057,260

Cost of sales (16,382,714) (20,242,194)

GROSS PROFIT 6,040,672 5,815,066

Dst!"#to$ %ost (2,371,208) (2,746,782)

3,669,464 3,068,284

F$a$%e %ost (325,999) (501,241)

Ot&e! e'e$ses (626,819) (735,331)

2,716,646 1,831,712

Ot&e! $%oe 1,439,955 1,259,819

NET PROFIT BEFORE TA-ATIO 4,156,601 3,091,531P!o*so$ fo! ta'ato$ (2,317,000) (2,349,000)

NET PROFIT AFTER TA-ATION 1,839,601 742,531

+a!$$s e! s&a!e (R#ees) 9-92 16-38


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" Ao,#

(R,1$$" 000)

3007 3008 3006 300

25,271,001 28,876,160 34,170,138 41,584,797

(18,311,525) (18,234,692) (20,515,044) (25,310,406)

6,959,476 10,641,468 13,655,094 16,274,391

(2,418,793) (2,668,571) (3,174,505) (3,944,473)

4,540,683 7,972,897 10,480,589 12,329,918

(703,612) (695,371) (944,947) (1,086,741)

(845,327) (895,647) (1,272,448) (1,376,000)

2,991,744 6,381,879 8,263,194 9,867,177

1,665,205 1,942,558 2,800,987 3,153,110

4,656,949 8,324,437 11,064,181 13,020,287

(2,454,000) (3,516,000) (4,234,111) (5,281,000)

2,202,949 4,808,437 6,830,070 7,739,287

10-86 13-22 13 16-25


9/90

30 30330 (F) 309 (F)

49,880,819 71,016,868 84,186,406 100,181,823

(20,871,759) (38,324,361) (44,651,311) (52,242,034)

29,009,060 32,692,507 39,535,095 47,939,789

(4,372,151) (5,560,687) (6,478,698) (7,580,077)

24,636,909 27,131,820 33,056,397 40,359,712

(785,825) (999,457) (1,204,132) (1,444,959)

(2,654,881) (2,685,236) (3,385,379) (4,265,577)

21,196,203 23,447,127 28,466,886 34,649,176

6,629,501 4,267,852 5,290,402 6,560,099

27,825,704 27,714,979 38,312,763 48,657,209

(10,674,000) (10,181,000) (13,744,350) (18,554,873)

17,151,704 17,533,979 28,418,085 36,090,968

17-68 16-38 18-20 20-21

./C


10/90

305 (F) 304 (F) 307(F)

119,216,369 141,867,479 168,822,300

(61,123,179) (71,514,120) (83,671,520)

58,093,190 70,353,359 85,150,780

(8,868,690) (10,376,367) (12,140,349)

49,224,500 59,976,992 73,010,431

(1,733,951) (2,080,741) (2,496,889)

(5,374,627) (1,397,403) (363,325)

42,115,922 56,498,848 70,150,217

8,134,522 10,086,808 12,507,642

61,794,655 78,479,212 99,668,599

(25,049,078) (33,816,255) (45,651,944)

45,835,529 58,211,122 73,928,125

22-43 24-90 27-63


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3005 3004

EUITY AND LIABILITIES

EUITY S&a!e %atal 4,934,742 4,934,742

Catal !ese!*es 160,000 160,000

Re*e$#e !ese!*es 7,346,166 7,861,801

12,440,908 12,956,543

NON ; CURRENT LIABILITIESo$ te! "o!!o$s 981,078 1,193,750

Defe!!e la"ltes 2,401,000 2,396,000

3,382,078 3,589,750

CURRENT LIABILITIES T!ae a$ ot&e! aa"les 6,737,803 4,025,926

I$te!est a$ a!# a%%!#e 81,644 134,039

S&o!t te! "o!!o$s 2,504,963 4,531,090

C#!!e$t o!to$ of lo$ te! "o!!o$s 1,887,325 887,327

Ta'ato$ 1,414,418 1,305,606

12,626,153 10,883,988

TOTAL 28,449,139 27,430,281

ASSETS

NON < CURRENT ASSETSP!oe!t, la$t a$ e#e$t 9,184,727 9,607,957

I$ta$"le assets 1,673,849 1,569,234

o$ te! $*este$ts 6,058,006 6,409,382


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o$ te! loa$s a$ a*a$%es 64,545 76,647

o$ te! eosts a$ !eae$ts 3,435 2,474

16,984,562 17,665,694

CURRENT ASSETSSto!es, sa!es a$ loose tools 2,154,318 2,202,053

Sto% $ t!ae 560,472 952,905

T!ae e"ts 659,713 961,427

oa$s a$ a*a$%es 116,810 95,245

Deosts a$ !eae$ts 26,097 25,488

Ot&e! !e%e*a"les 579,802 1,451,390

S&o!t te! $*este$ts 6,195,252 2,452,850

Cas& a$ "a$ "ala$%es 1,172,113 1,623,229

11,464,577 9,764,587

TOTAL 28,449,139 27,430,281


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14/90


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BALANCSHEET(R,1$$" 000)

3007 3008 3006 300 30 303

4,934,742 4,934,742 6,785,271 6,785,271 8,481,588 12,722,382

160,000 160,000 160,000 160,000 160,000 160,000

7,635,303 7,190,471 6,137,171 8,502,276 14,428,636 13,213,667

12,730,045 12,285,213 13,082,442 15,447,547 23,070,224 26,096,049

2,671,250 5,378,214 4,578,809 3,819,405 2,703,750 3,870,000

2,363,526 2,431,895 3,035,757 3,215,821 3,832,614 4,103,315

5,034,776 7,810,109 7,614,566 7,035,226 6,536,364 7,973,315

5,815,276 5,993,674 8,002,897 9,614,026 11,730,961 15,836,879

184,430 194,570 147,329 137,968 79,826 24,921

3,141,081 3,114,000 6,088,348 5,640,420 8,735,650 4,990,000

1,022,500 743,036 1,799,405 1,759,405 1,615,655 1,433,750

1,313,106 1,778,361 1,816,595 3,426,264 3,762,236 4,531,939

11,476,393 11,823,641 17,854,574 20,578,083 25,924,328 26,817,489

29,241,214 31,918,963 38,551,582 43,060,856 55,530,916 60,886,853

10,390,490 12,730,813 13,993,518 15,933,588 17,050,951 17,818,755

1,569,234 1,569,234 1,569,234 1,569,234 1,569,234 1,678,639

6,325,129 7,744,779 7,727,528 7,870,027 8,659,073 9,511,865


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142,782 163,102 337,541 455,328 605,883 700,786

2,144 1,524 6,305 9,037 9,370 222,313

18,429,779 22,209,452 23,634,126 25,837,214 27,894,511 29,932,358

2,407,988 3,034,268 2,996,633 2,440,201 2,447,452 3,098,938

642,836 258,094 144,087 211,720 636,923 442,139

1,722,602 495,929 256,886 357,956 86,669 3,611,476

83,917 136,944 130,219 336,269 431,582 677,977

33,665 107,369 37,653 50,188 53,852 35,670

1,542,763 1,233,479 734,062 617,664 891,673 588,667

3,027,664 3,511,563 6,768,568 12,020,581 21,794,480 18,750,996

1,350,000 931,865 3,849,348 1,189,063 1,293,774 3,748,632

10,811,435 9,709,511 14,917,456 17,223,642 27,636,405 30,954,495

29,241,214 31,918,963 38,551,582 43,060,856 55,530,916 60,886,853


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18/90


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30 (F) 309 (F) 305 (F) 304 (F) 307(F)

14767051 17129779 19870543 23049830 26737803

160,000 160,000 160,000 160,000 160,000

14789560 16564306-779 18552023-592 20778266-424 23271658-39438

29716610 33854085 38582567 43988097 50169461

5137477 6832844-3515 9087682-9876 12086618-373 16075202-43668

4445264-68 4800885-8501 5184956-7181 5599753-2555 6047733-515965

9,582,742 11,633,730 14,272,640 17,686,372 22,122,936

18505142 21651015-777 25331688-459 29638075-497 34676548-33099

26291-1618 27605-719886 28986-00588 30435-306174 31957-07148256

6055732-5 7327436-3279 8866197-9567 10728099-528 12981000-4284

1547291-54 1671074-8607 1804760-8496 1949141-7175 2105073-054951

5498773-51 6653515-9476 8050754-2966 9741412-6989 11787109-36571

31,633,230 37,330,649 44,082,388 52,087,165 61,581,688

94,011,012 254,109,727 1,247,327,713 7,821,792,419 51,998,601,098

19615254 21576779-886 23734457-875 26107903-662 28718694-02836

1680370-17 1682050-5422 1683732-5927 1685416-3253 1687101-741655

10169897 10881789-515 11643514-781 12458560-816 13330660-07333

./C


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896842-869 1147958-8727 1469387-357 1880815-817 2407444-245773

1036328 4829288-3916 22504483-905 104870895 488698370-6883

33,398,692 40,117,867 61,035,577 147,003,592 534,842,271

3296753-68 3494558-8967 3704232-4305 3926486-3763 4162075-558868

537290-628 655494-56645 799703-37107 975638-1127 975638-1127028

24434349 165420541-47 1119897065-7 7581703135-1 51328130224-35

941025-045 1308024-8119 1818154-4885 2527234-7391 3512856-287293

113763-619 362905-94427 1157669-9622 3692967-1794 11780565-30242

664864-453 751296-83223 848965-42042 959330-92507 1084043-945328

24555763 32168049-453 42140144-783 55203589-666 72316702-46276

6068511-16 9830988-0804 15926200-69 25800445-118 41796721-09144

60,612,320 213,991,860 1,186,292,137 7,674,788,827 51,463,758,827

94,011,013 254,109,727 1,247,327,713 7,821,792,419 51,998,601,098


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22/90

0


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CAS

3004

CASH FLO+S FROM OPERATIN= ACTI>ITIES

Cas& e$e!ate f!o oe!ato$s 2,953,298F$a$%e %ost a 422,831

I$%oe ta' a 2,462,813

Pae$t to !at#t f#$ 40,779

Pae$t to e$so$ f#$ 36,438

Pae$t to o!e!s elfa!e F#$ $et

Pae$t to o!e!s P!o:t Pa!t%ato$ F#$ $et 386,728

N$# !"? /$$r!#$% 'ro o1$r!#/ !#@#$" 396,291

CASH FLO+S FROM IN>ESTIN= ACTI>ITIES

F'e %atal e'e$t#!e 1,225,148

P!o%ees f!o sale of !oe!t, la$t a$ e#e$t 17,279

I$te!est !e%e*e 388,092

I$*este$t $ FFC +$e! te 338,438

De%!ease ; ($%!ease) $ ot&e! $*este$ts 27,335

D*e$s !e%e*e 831,658

N$# !"? /$$r!#$% 'ro @$"#/ !#@#$" 353,892

CASH FLO+S FROM FINANCIN= ACTI>ITIES

o$ te! :$a$%$ s"#!see$ts 1,100,000

o$ te! :$a$%$ !eae$ts 1,845,658

o$ te! #!a"a&a < !eae$ts 41,667

(De%!ease); $%!ease $ s&o!t te! "o!!o$s 1,996,667


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D*e$s a (3,764,184

N$# !"? 'ro 2!/ !#@#$" 1,209,342

=et $%!ease $ %as& a$ %as& e#*ale$ts 3,305,025

Cas& a$ %as& e#*ale$ts at "e$$$ of t&e ea! 7,176,453

+>e%t of e'%&a$e !ate %&a$es 13,240

Cas& a$ %as& e#*ale$ts at e$ of t&e ea! 3,884,668


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FLO+S(R,1$$" 000)

3007 3008 3006 300 30 303

9,641,517 13,067,512 14,487,016 20,241,360 33,121,687 31,758,890653,221 685,231 992,188 1,096,102 843,967 1,054,362

2,497,500 2,952,745 3,603,877 3,488,331 10,398,028 9,235,297

44,592 50,327 74,715 63,710 75,241 83,040

35,472 44,530 78,963 77,446 109,220 454,661

122,139 151,813 200,821 261,143 329,070 594,784

374,992 1,016,952 617,377 625,969 1,808,776 1,690,493

5,913,601 8,165,914 8,919,075 14,628,659 19,557,385 18,646,253

1,611,784 3,234,087 2,344,076 3,313,841 2,314,033 2,269,802

8,983 11,173 15,869 260,433 14,123 28,489

273,572 314,586 491,326 501,482 1,480,703 1,276,269

1,500,000 650,000 800,000 850,000

457,901 367,825 1,538,085 1,727,800 3,230,683 3,719,657

1,336,139 797,516 2,002,160 2,575,478 4,842,032 2,814,767

450,991 3,242,987 1,372,806 1,101,352 7,858 4,719,380

2,600,000 3,450,000 1,000,000 1,500,000 500,000 3,000,000

987,327 1,022,500 743,036 2,299,405 1,759,405 2,015,655

1,436,473


26/90

(5,976,382 7,025,915 6,447,973 10,622,306 14,774,032 17,749,717

176,200 4,598,415 6,191,009 11,421,711 16,033,437 16,765,372

47,572 2,606,569 1,355,260 4,308,300 3,516,090 6,600,261

3,384,668 3,344,262 739,929 2,096,060 6,423,264 9,963,247

7,166 2,236 871 18,904 23,893 7,561

3,344,262 739,929 2,096,060 6,423,264 9,963,247 16,571,069


27/90

./C


28/90


29/90

FORMULA FOR CALCULATIONS

LIUIDITY RATIOS:

C#!!e$t C#!!e$t /ssets;C#!!e$t a"ltes

?#%, O! /% Test C#!!e$t /ssetsI$*e$to!es;C#!!e$t a"lt

ASSET MANA=EMENT:

Das Sales O#tsta$$ (DSO) (Re%e*a"les;/$$#al Sales)@360

F'e /sset T#!$o*e! Sales;=et F'e /ssets

Total /sset T#!$o*e! Sales;Total /sset

DEBT MANA=EMENT:

Total De"t To Total /ssets Total De"t;Total /ssets

Te I$te!est +a!$e +.IT;I$te!est C&a!es

PROFITABILITY:

P!o:t Aa!$ O$ Sales =et I$%oe /*ala"le to Coo$ Sto%&ol

.as% +a!$$ Poe! +.IT;Total /ssets

Ret#!$ O$ Total /ssets (RO/) =et I$%oe /*ala"le to Coo$ Sto%&ol

Ret#!$ O$ Coo$ +#t (RO+) =et I$%oe /*ala"le to Coo$ Sto%&ol

MARET >ALUE:

P!%e +a!$$ (P;+) P!%e Pe! S&a!e;+a!$$ Pe! S&a!e

Aa!et to .oo (A;.) Aa!et P!%e Pe! S&a!e;.oo Bal#e Pe! S&a!


30/90

RATIOS(R,1$$" 000)

3005 3004 3007 3008 3006 300

0-908002 0-897152 0-942059 0-821195 0-835498 0-83699

s 0-692989 0-60728 0-676224 0-542739 0-659592 0-708118

9-308528 20-05201 21-97755 15-37782 7-733721 5-347123

2-441378 2-71205 2-432128 2-26821 2-441855 2-609883

0-788192 0-949945 0-864225 0-904671 0-886349 0-965722

0-562697 0-527655 0-564654 0-615112 0-660651 0-641262

1-793958 1-316105 1-897697 2-367587 2-613106 2-465496

e!s;Sales 0-082039 0-028496 0-087173 0-166519 0-199884 0-186109

0-146106 0-112705 0-15926 0-260799 0-286997 0-302369

e!s;Total /ssets 0-064663 0-02707 0-075337 0-150645 0-177167 0-179729

e!s;Coo$ +#t 0-147867 0-057309 0-173051 0-3914 0-522079 0-501004

./


31/90

30 30330 (F) 309 (F305 (F304 (F307(F)

1-066041 1-154265 1-91609645 5-732337 26-9108 147-3451 835-6991

0-947065 1-022222 1-79489339 5-621167 26-80863 147-251 835-6156

6-435385 2-984081 2-8431099 2-69976 2-563637 2-434378 2-311637

2-925398 3-985512 4-29188446 4-643039 5-022924 5-43389 5-878481

0-898253 1-166374 0-89549515 0-394246 0-095577 0-018137 0-003247

0-584552 0-571401 0-43841643 0-19269 0-046784 0-00892 0-00161

2-606868 2-722226 2-78752816 2-622341 2-466943 2-320754 2-183228

0-343854 0-246899 0-33756145 0-360255 0-384473 0-41032 0-437905

0-501085 0-455188 0-40753484 0-191481 0-049542 0-010033 0-001917

0-308868 0-287976 0-30228464 0-142029 0-036747 0-007442 0-001422

0-743456 0-671902 0-95630305 1-066074 1-187985 1-323338 1-473568


32/90

Tr$Pro2#

Sales

Cost of sales

GROSS PROFIT

Dst!"#to$ %ost

F$a$%e %ostOt&e! e'e$ses

Ot&e! $%oe

NET PROFIT BEFORE TA-ATIONP!o*so$ fo! ta'ato$

NET PROFIT AFTER TA-ATION

Sales

Cost of sales


33/90

GROSS PROFIT

Dst!"#to$ %ost

F$a$%e %ost

Ot&e! e'e$ses

Ot&e! $%oe

NET PROFIT BEFORE TA-ATIONP!o*so$ fo! ta'ato$

NET PROFIT AFTER TA-ATION

Tr$


EUITY S&a!e %atal

Catal !ese!*es

Re*e$#e !ese!*es

NON ; CURRENT LIABILITIESo$ te! "o!!o$s

Defe!!e la"ltes

CURRENT LIABILITIES T!ae a$ ot&e! aa"les

I$te!est a$ a!# a%%!#e

S&o!t te! "o!!o$s


34/90

C#!!e$t o!to$ of lo$ te! "o!!o$s

Ta'ato$

ASSETS

NON < CURRENT ASSETSP!oe!t, la$t a$ e#e$t

I$ta$"le assets

o$ te! $*este$ts

o$ te! loa$s a$ a*a$%es

o$ te! eosts a$ !eae$ts

CURRENT ASSETSSto!es, sa!es a$ loose tools

Sto% $ t!ae

T!ae e"ts

oa$s a$ a*a$%es

Deosts a$ !eae$ts

Ot&e! !e%e*a"les

S&o!t te! $*este$ts

Cas& a$ "a$ "ala$%es


EUITY S&a!e %atal

Catal !ese!*es

Re*e$#e !ese!*es

NON ; CURRENT LIABILITIES


35/90

o$ te! "o!!o$s

Defe!!e la"ltes

CURRENT LIABILITIES T!ae a$ ot&e! aa"les

I$te!est a$ a!# a%%!#e

S&o!t te! "o!!o$s

C#!!e$t o!to$ of lo$ te! "o!!o$s

Ta'ato$

TOTAL

ASSETS

NON < CURRENT ASSETSP!oe!t, la$t a$ e#e$t

I$ta$"le assets

o$ te! $*este$ts

o$ te! loa$s a$ a*a$%es

o$ te! eosts a$ !eae$ts

CURRENT ASSETSSto!es, sa!es a$ loose tools

Sto% $ t!ae

T!ae e"ts

oa$s a$ a*a$%es

Deosts a$ !eae$ts

Ot&e! !e%e*a"les

S&o!t te! $*este$ts

Cas& a$ "a$ "ala$%es

TOTAL


36/90

A!*"" % Lo"" Ao,#

>ERTICLAL ANALYSIS3005 3004 3007 3008 3006 300 30

100 100 100 100 100 100 100

73 78 72 63 60 61 42

27 22 28 37 40 39 58

11 11 10 9 9 9 9

16 12 18 28 31 30 49

1-5 2 3 2 3 3 23 3 3 3 4 3 5

12 7 12 22 24 24 42

6 5 7 7 8 8 13

19 12 18 29 32 31 56

10 9 10 12 12 13 21

8 3 9 17 20 19 34

HORIZONTAL ANALYSIS3005 3004 3004 3007

25,481,121 29,950,873 18 29,950,873 28,429,005 5

16,382,714 20,242,194 24 20,242,194 18,311,525 10

./


37/90

9,098,407 9,708,679 7 9,708,679 10,117,480 4

2,371,208 2,746,782 16 2,746,782 2,418,793 12

6,727,199 6,961,897 3 6,961,897 7,698,687 11

325,999 501,241 54 501,241 703,612 40

626,819 735,331 17 735,331 845,327 15

5,774,381 5,725,325 1 5,725,325 6,149,748 7

1,439,955 1,259,819 13 1,259,819 1,665,205 32

7394 468599 3 468599 78965 12

2,317,000 2,349,000 1 2,349,000 2,454,000 4

98674 94499 5 94499 54065 0-156339

A!*""ALANCSHEET

>ERTICLAL ANALYSIS3005 3004 3007 3008 3006 300 30

17 18 17 15 18 16 15

1 1 1 1 0 0 0

26 29 26 23 16 20 26

44 47 44 38 34 36 42

3 4 9 17 12 9 5

8 9 8 8 8 7 7

12 13 17 24 20 16 12

24 15 20 19 21 22 21

0 0 1 1 0 0 0

9 17 11 10 16 13 16

7 3 3 2 5 4 3


38/90

5 5 4 6 5 8 7

44 40 39 37 46 48 47

100 100 100 100 100 100 100

32 35 36 40 36 37 31

6 6 5 5 4 4 3

21 23 22 24 20 18 16

0 0 0 1 1 1 1

0 0 0 0 0 0 0

60 64 63 70 61 60 50

8 8 8 10 8 6 4

2 3 2 1 0 0 1

2 4 6 2 1 1 0

0 0 0 0 0 1 1

0 0 0 0 0 0 0

2 5 5 4 2 1 2

22 9 10 11 18 28 39

4 6 5 3 10 3 2

40 36 37 30 39 40 50

1 1 1 1 1 1 1

HORIZONTAL ANALYSIS

3005 3004 3004 30074,934,742 4,934,742 0 4,934,742 4,934,742 0

160,000 160,000 0 160,000 160,000 0

7,346,166 7,861,801 6-558739 7,861,801 7,635,303 2-966457

3990608 365459 3-979727 365459 370095 1-77924


39/90

981,078 1,193,750 18 1,193,750 2,671,250 55

2,401,000 2,396,000 0 2,396,000 2,363,526 1

83078 586750 6 586750 509774 29

6,737,803 4,025,926 67 4,025,926 5,815,276 31

81,644 134,039 39 134,039 184,430 27

2,504,963 4,531,090 45 4,531,090 3,141,081 44

1,887,325 887,327 113 887,327 1,022,500 13

1,414,418 1,305,606 8 1,305,606 1,313,106 1

34345 088688 16 088688 9746 5

389966 379038 4 379038 363939 6

9,184,727 9,607,957 4 9,607,957 10,390,490 8

1,673,849 1,569,234 7 1,569,234 1,569,234 0

6,058,006 6,409,382 5 6,409,382 6,325,129 1

64,545 76,647 16 76,647 142,782 46

3,435 2,474 39 2,474 2,144 15

4689543 7445469 4 7445469 8936776 4

2,154,318 2,202,053 2 2,202,053 2,407,988 9

560,472 952,905 41 952,905 642,836 48

659,713 961,427 31 961,427 1,722,602 44

116,810 95,245 23 95,245 83,917 13

26,097 25,488 2 25,488 33,665 24

579,802 1,451,390 60 1,451,390 1,542,763 6

6,195,252 2,452,850 153 2,452,850 3,027,664 19

1,172,113 1,623,229 28 1,623,229 1,350,000 20949577 6749587 17 6749587 0895 10

28,449,139 27,430,281 4 27,430,281 29,241,214 6


40/90

303

100

54

46

8

38

14

33

6

39

14

25

3007 3008 3008 3006

28,429,005 30,592,806 8 30,592,806 36,163,174

18,311,525 18,234,692 0 18,234,692 20,515,044


41/90

10,117,480 12,358,114 22 12,358,114 15,648,130

2,418,793 2,668,571 10 2,668,571 3,174,505

7,698,687 9,689,543 26 9,689,543 12,473,625

703,612 695,371 1 695,371 944,947

845,327 895,647 6 895,647 1,272,448

6,149,748 8,098,525 32 8,098,525 10,256,230

1,665,205 1,942,558 17 1,942,558 2,800,987

78965 00908 28 00908 05737

2,454,000 3,516,000 43 3,516,000 4,234,111

54065 453508 22 453508 88304

303

21

0

22

43

6

7

13

26

0

8

2


42/90

7

44

100

29

3

16

1

0

49

5

1

6

1

0

1

31

6

51

1

3007 3008 3008 30064,934,742 4,934,742 0 4,934,742 6,785,271

160,000 160,000 0 160,000 160,000

7,635,303 7,190,471 6 7,190,471 6,137,171

370095 33853 4 33853 083993


43/90

2,671,250 5,378,214 50 5,378,214 4,578,809

2,363,526 2,431,895 3 2,431,895 3,035,757

509774 78006 36 78006 749544

5,815,276 5,993,674 3 5,993,674 8,002,897

184,430 194,570 5 194,570 147,329

3,141,081 3,114,000 1 3,114,000 6,088,348

1,022,500 743,036 38 743,036 1,799,405

1,313,106 1,778,361 26 1,778,361 1,816,595

9746 8349 3 8349 7859579

363939 6864 8 6864 855583

10,390,490 12,730,813 18 12,730,813 13,993,518

1,569,234 1,569,234 0 1,569,234 1,569,234

6,325,129 7,744,779 18 7,744,779 7,727,528

142,782 163,102 12 163,102 337,541

2,144 1,524 41 1,524 6,305

8936776 33306953 17 33306953 34934

2,407,988 3,034,268 21 3,034,268 2,996,633

642,836 258,094 149 258,094 144,087

1,722,602 495,929 247 495,929 256,886

83,917 136,944 39 136,944 130,219

33,665 107,369 69 107,369 37,653

1,542,763 1,233,479 25 1,233,479 734,062

3,027,664 3,511,563 14 3,511,563 6,768,568

1,350,000 931,865 45 931,865 3,849,3480895 67065 11 67065 967954

29,241,214 29,241,214 0 31,918,963 38,551,582


44/90

3006 300 300

18 36,163,174 44,874,359 24 44,874,359

13 20,515,044 25,310,406 23 25,310,406


45/90

27 15,648,130 19,563,953 25 19,563,953

19 3,174,505 3,944,473 24 3,944,473

29 12,473,625 15,619,480 25 15,619,480

36 944,947 1,086,741 15 1,086,741

42 1,272,448 1,376,000 8 1,376,000

27 10,256,230 13,156,739 28 13,156,739

44 2,800,987 3,153,110 13 3,153,110

30 05737 406896 25 406896

20 4,234,111 5,281,000 25 5,281,000

35 88304 038896 25 038896


46/90

3006 300 30027 6,785,271 6,785,271 0 6,785,271

0 160,000 160,000 0 160,000

17 6,137,171 8,502,276 28 8,502,276

6 083993 5997597 15 5997597


47/90

17 4,578,809 3,819,405 20 3,819,405

20 3,035,757 3,215,821 6 3,215,821

3 749544 705334 8 705334

25 8,002,897 9,614,026 17 9,614,026

32 147,329 137,968 7 137,968

49 6,088,348 5,640,420 8 5,640,420

59 1,799,405 1,759,405 2 1,759,405

2 1,816,595 3,426,264 47 3,426,264

34 7859579 3057808 13 3057808

17 855583 9040854 10 9040854

9 13,993,518 15,933,588 12 15,933,588

0 1,569,234 1,569,234 0 1,569,234

0 7,727,528 7,870,027 2 7,870,027

52 337,541 455,328 26 455,328

76 6,305 9,037 30 9,037

6 34934 358739 9 358739

1 2,996,633 2,440,201 23 2,440,201

79 144,087 211,720 32 211,720

93 256,886 357,956 28 357,956

5 130,219 336,269 61 336,269

185 37,653 50,188 25 50,188

68 734,062 617,664 19 617,664

48 6,768,568 12,020,581 44 12,020,581

76 3,849,348 1,189,063 224 1,189,06335 967954 733493 13 733493

17 38,551,582 43,060,856 10 43,060,856


48/90

30 30 303

55,221,168 23 55,221,168 74,322,612 35

20,871,759 18 20,871,759 38,324,361 84


49/90

34,349,409 76 34,349,409 35,998,251 5

4,372,151 11 4,372,151 5,560,687 27

29,977,258 92 29,977,258 30,437,564 2

785,825 28 785,825 999,457 27

2,654,881 93 2,654,881 2,685,236 1

26,536,552 102 26,536,552 26,752,871 1

6,629,501 110 6,629,501 4,267,852 36

4405 103 4405 03073 6

10,674,000 102 10674000 10,181,000 5

3396305 104 3396305 308673 7


50/90

30 30 3038,481,588 20 8,481,588 12,722,382 33

160,000 0 160,000 160,000 0

14,428,636 41 14,428,636 13,213,667 9

3070339 33 3070339 34064096 12


51/90

2,703,750 41 2,703,750 3,870,000 30

3,832,614 16 3,832,614 4,103,315 7

45449 8 45449 7675 18

11,730,961 18 11,730,961 15,836,879 26

79,826 73 79,826 24,921 220

8,735,650 35 8,735,650 4,990,000 75

1,615,655 9 1,615,655 1,433,750 13

3,762,236 9 3,762,236 4,531,939 17

3563938 21 3563938 3487986 3

555064 22 555064 4088485 9

17,050,951 7 17,050,951 17,818,755 4

1,569,234 0 1,569,234 1,678,639 7

8,659,073 9 8,659,073 9,511,865 9

605,883 25 605,883 700,786 14

9,370 4 9,370 222,313 96

378695 7 378695 366358 7

2,447,452 0 2,447,452 3,098,938 21

636,923 67 636,923 442,139 44

86,669 313 86,669 3,611,476 98

431,582 22 431,582 677,977 36

53,852 7 53,852 35,670 51

891,673 31 891,673 588,667 51

21,794,480 45 21,794,480 18,750,996 16

1,293,774 8 1,293,774 3,748,632 653744905 38 3744905 0659965 11

55,530,916 22 55,530,916 60,886,853 9


52/90

B$#! C!,!#o ,"/ Co!r!$ !% >!r!$ 'or,! !% $!r r$/r$""o

D!#$ SE;R$#,rFFC;RETURN11;1;2012 0-19 0-14

12;1;2012 0-96 0-22

13;01;2012 0-89 0-06 A%,""#$16;01;2012 1-87 0-10 Co*a!a$%e

17;01;2012 1-97 0-74 Ba!a$%e

18;01;2012 0-28 0-10 Re!esso$

19;01;2012 2-22 2-16

20;01;2012 2-21 1-13 /#ste "eta

23;01;2012 0-38 1-32

24;01;2012 0-35 1-59

25;01;2012 0-55 0-46

26;01;2012 0-65 0-03

27;01;2012 0-65 0-48

30;01;2012 0-08 4-03

31;01;2012 0-47 4-38

1;2;2012 0-01 2-26

2;2;2012 0-44 0-40

3;2;2012 1-28 0-73

6;2;2012 1-21 4-50

7;2;2012 0-17 0-46

8;2;2012 0-41 0-03

9;2;2012 0-15 0-67

10;2;2012 0-16 1-79

13;02;2012 0-09 1-37

14;02;2012 0-41 1-63

15;02;2012 0-75 1-52

16;02;2012 0-73 0-63

17;02;2012 0-18 0-33

20;02;2012 0-22 0-19

21;02;2012 0-47 0-74

22;02;2012 0-70 0-68

23;02;2012 1-51 0-11

24;02;2012 0-29 0-82

27;02;2012 0-03 0-33

28;02;2012 1-08 0-05

29;02;2012 0-50 0-11

1;3;2012 1-13 0-89

2;3;2012 1-44 0-22


53/90

5;3;2012 0-35 2-68

6;3;2012 0-60 0-45

7;3;2012 0-20 1-12

8;3;2012 0-61 40-94

9;3;2012 0-22 1-45

12;3;2012 0-74 1-67

13;03;2012 0-58 0-55

14;03;2012 0-68 0-44

15;03;2012 1-30 3-09

16;03;2012 1-52 0-24

19;03;2012 1-71 0-04

20;03;2012 0-08 2-32

21;03;2012 0-15 1-59

22;03;2012 0-10 0-43

26;03;2012 1-22 0-50

27;03;2012 0-93 0-71

28;03;2012 0-12 1-88

29;03;2012 1-48 2-30

30;03;2012 0-71 1-03

2;4;2012 0-27 0-48

3;4;2012 1-77 0-84

4;4;2012 0-82 0-25

5;4;2012 0-32 0-08

6;4;2012 0-08 1-27

9;4;2012 0-28 3-59

10;4;2012 0-63 1-01

11;4;2012 0-89 1-17

12;4;2012 0-77 0-56

13;04;2012 0-21 0-66

16;04;2012 0-04 0-44

17;04;2012 1-25 0-61

18;04;2012 0-06 0-29

19;04;2012 0-04 2-41

20;04;2012 1-06 1-95

23;04;2012 0-29 1-32

24;04;2012 0-66 3-20

25;04;2012 1-07 2-25

26;04;2012 0-17 0-77

27;04;2012 0-37 1-06

30;04;2012 1-08 3-92

2;5;2012 1-94 0-81

3;5;2012 1-33 0-41

4;5;2012 0-03 1-14

7;5;2012 0-71 0-49

8;5;2012 0-64 1-20

10;5;2012 1-33 1-21

11;5;2012 0-01 1-19

14;05;2012 0-60 1-58


54/90

15;05;2012 1-63 0-87

16;05;2012 0-13 0-48

17;05;2012 1-48 4-02

18;05;2012 0-13 1-84

21;05;2012 1-91 1-10

22;05;2012 0-78 0-33

23;05;2012 0-69 0-21

24;05;2012 0-08 0-20

25;05;2012 0-76 4-62

28;05;2012 0-28 0-95

29;05;2012 1-43 1-81

30;05;2012 0-61 0-30

31;05;2012 0-65 4-91

1;6;2012 0-86 0-52

4;6;2012 0-36 1-81

5;6;2012 0-27 0-58

6;6;2012 0-20 3-75

7;6;2012 1-17 1-26

8;6;2012 0-32 2-34

11;6;2012 1-27 1-63

12;6;2012 0-46 0-10

13;06;2012 2-13 0-51

14;06;2012 0-01 0-05

15;06;2012 0-71 0-92

18;06;2012 0-52 0-73

19;06;2012 0-11 0-57

20;06;2012 0-49 2-68

21;06;2012 0-95 0-27

22;06;2012 0-78 1-62

25;06;2012 0-23 0-14

26;06;2012 1-04 0-29

27;06;2012 0-04 1-51

28;06;2012 0-03 1-98

29;06;2012 2-44 1-35

2;7;2012 0-41 0-36

3;7;2012 0-16 1-49

4;7;2012 0-06 0-17

5;7;2012 0-93 2-17

6;7;2012 0-50 0-26

10;7;2012 0-04 1-44

11;7;2012 0-15 0-40

12;7;2012 0-48 0-93

13;07;2012 0-36 0-20

16;07;2012 0-42 0-68

17;07;2012 1-04 0-26

18;07;2012 0-47 0-51

23;07;2012 0-10 0-72

24;07;2012 0-36 0-21


55/90

25;07;2012 0-08 0-33

26;07;2012 0-19 1-02

27;07;2012 0-23 0-05

30;07;2012 0-58 0-63

31;07;2012 0-95 1-19

1;8;2012 0-10 0-51

2;8;2012 0-37 0-25

3;8;2012 0-02 0-02

6;8;2012 0-01 0-09

7;8;2012 0-49 0-26

8;8;2012 0-10 0-67

9;8;2012 0-01 1-29

10;8;2012 1-01 2-27

13;08;2012 0-39 0-09

15;08;2012 0-20 2-57

16;08;2012 0-53 0-56

23;08;2012 0-27 0-51

24;08;2012 0-96 2-12

27;08;2012 0-33 3-08

28;08;2012 0-55 0-64

29;08;2012 0-67 0-39

30;08;2012 0-90 0-30

31;08;2012 0-24 0-66

3;9;2012 0-26 1-31

4;9;2012 0-62 0-09

5;9;2012 0-69 0-87

6;9;2012 0-43 0-00

7;9;2012 0-09 0-42

10;9;2012 0-17 0-15

11;9;2012 0-42 0-84

12;9;2012 1-11 0-39

14;09;2012 0-33 0-49

17;09;2012 0-77 0-80

18;09;2012 0-46 0-97

19;09;2012 0-88 0-53

20;09;2012 0-50 0-97

24;09;2012 0-01 0-67

25;09;2012 0-17 0-45

26;09;2012 0-27 0-58

27;09;2012 0-56 2-56

28;09;2012 0-74 0-03

1;10;2012 0-57 1-74

2;10;2012 0-41 2-04

3;10;2012 0-48 0-44

4;10;2012 0-22 0-69

5;10;2012 0-65 0-74

8;10;2012 0-23 0-04

9;10;2012 0-41 0-39


56/90

10;10;2012 0-58 0-17

11;10;2012 0-96 0-08

12;10;2012 0-33 0-12

15;10;2012 0-46 1-42

16;10;2012 0-14 0-75

17;10;2012 0-17 0-86

18;10;2012 0-73 0-09

19;10;2012 0-34 0-78

22;10;2012 0-03 0-04

23;10;2012 0-08 0-35

24;10;2012 0-33 0-49

25;10;2012 0-62 0-27

31;10;2012 0-33 0-43

1;11;2012 0-87 0-22

2;11;2012 0-34 0-04

5;11;2012 0-65 0-13

6;11;2012 1-04 0-82

7;11;2012 0-15 1-09

8;11;2012 0-18 0-71

12;11;2012 0-52 0-40

13;11;2012 0-06 0-43

14;11;2012 0-14 0-27

15;11;2012 0-33 0-09

16;11;2012 0-33 0-27

20;11;2012 0-03 0-16

21;11;2012 0-05 0-03

22;11;2012 0-04 0-12

26;11;2012 0-58 0-17

27;11;2012 0-37 0-49

28;11;2012 0-63 0-07

29;11;2012 0-28 1-15

30;11;2012 0-46 0-68

4;12;2012 0-15 0-53

5;12;2012 0-89 0-53

6;12;2012 0-10 0-67

7;12;2012 0-12 0-38

10;12;2012 0-54 0-20

11;12;2012 0-29 0-12

12;12;2012 0-37 0-31

13;12;2012 0-00 0-39

14;12;2012 0-08 0-02

17;12;2012 0-39 0-55

18;12;2012 0-07 1-81

19;12;2012 0-23 0-08

20;12;2012 0-25 0-09

21;12;2012 0-17 0-21

24;12;2012 0-20 0-12

26;12;2012 0-21 0-65


57/90

27;12;2012 0-30 0-86

28;12;2012 0-22 0-21

31;12;2012 0-66 0-26

1;1;2013 1-83 0-17

2;1;2013 1-04 0-68

4;1;2013 0-96 0-51

7;1;2013 0-86 1-54

8;1;2013 0-58 0-00

9;1;2013 1-23 0-85

10;1;2013 0-58 1-28

11;1;2013 3-22 0-59

15;01;2013 1-14 1-51

17;01;2013 1-94 1-45

18;01;2013 0-18 0-07

21;01;2013 1-51 0-15

22;01;2013 0-07 0-76

23;01;2013 0-95 0-34

24;01;2013 0-37 0-42

28;01;2013 0-98 0-42

29;01;2013 0-19 0-29

30;01;2013 0-21 0-13

31;01;2013 0-14 0-49

1;2;2013 0-13 0-41

4;2;2013 0-69 0-55

6;2;2013 0-40 0-06

8;2;2013 0-41 0-08

11;2;2013 0-36 0-23

12;2;2013 0-48 0-10

13;02;2013 0-39 0-05

14;02;2013 0-18 0-22

15;02;2013 0-11 0-13

19;02;2013 0-73 0-34

20;02;2013 0-14 0-29

21;02;2013 0-85 0-51

22;02;2013 0-30 0-00


58/90

B$#! 037864-53+06 .eta 0-08

0-0000554

0-08

E( 2 ; 3 ) ( $a#ste "eta ) ( 1 ; 3 ) ( 1-0 )

./C


59/90


60/90


61/90


62/90


63/90


64/90


65/90


66/90


67/90


68/90


69/90


70/90

>!,!#oDe"t 1,232

+#t 9,341

Pe!%e$tae of De"t 12

Pe!%e$tae of+#t 88

Re#!e Rate of Ret#!$ (Re) 11

Rate of De"t (R) 8-75

e&te /*e!ae Cost of Catal (/CC) 10-76

For R$.eta 0-28

Rs F!ee Rate (Rf) 0-11

Aa!et P!e# 0-078

(Re) 11

+ACC


71/90

+ACC


72/90

./C


73/90

3005 3004

SALES:=ro"" S!$" 25,481,121 29,950,873

S!$" T! () 12 13

S!$" T! >!,$ 3057735 3893613

N$# S!$" A'#$r T! 22423386 26057260

=roG#? 16

CO=S:Co"# O' S!$" 16,382,714 20,242,194

P$r$# O' C?!/$ 24

P$r$# O' S!$" 73 78

DISTRIBUTION:E1$"$" 2,371,208 2,746,782

P$r$# o' C?!/$ 16P$r$# o' S!$" 11 11

FINANCE COST:F!$ Co"# 325,999 501,241

P$r$# C?!/$ 54

P$r$# o' S!$" 1 2

OTHER E-PENCES

O#?$r $1$$" 626,819 735,331P$r$# C?!/$ 17

P$r$# o' S!$" 3 3

OTHER INCOMES:O#?$r Io$ 1,439,955 1,259,819

P$r$# C?!/$ 13

P$r$# o' S!$" 6 5

PROFIT BEFORE TA-ATION:Pro2# B$'or$ T!!#o 4,156,601 3,091,531


74/90

P$r$# C?!/$ 26

P$r$# o' S!$" 19 12

NET PROFIT AFTER TA-ATIONNET PROFIT AFTER TA-ATION 1,839,601 742,531

P$r$# C?!/$ 60

P$r$# o' S!$" 8 3

EPS

Bal#e 9-92 16-38

Pe!%e$t C&a$e 65

EUITY S?!r$ !1#!

*al#e 4,934,742 4,934,742

Pe!%e$t C&a$e 0

C!1#! r$"$r@$"

Bal#e 160,000 160,000

Pe!%e$t C&a$e 0

R$@$,$ r$"$r@$"

Bal#e 7,346,166 7,861,801

Pe!%e$t C&a$e 7

NON ; CURRENT LIABILITIESLo/ #$r orroG/"

Bal#e 981,078 1,193,750

Pe!%e$t C&a$e 22

D$'$rr$% !#$"

Bal#e 2,401,000 2,396,000

Pe!%e$t C&a$e 0-2

CURRENT LIABILITIESTr!%$ !% o#?$r 1!*!$"

Bal#e 6,737,803 4,025,926

Pe!%e$t C&a$e 40

I#$r$"# !% !r.;,1 !r,$%

Bal#e 81,644 134,039

Pe!%e$t C&a$e 64

S?or# #$r orroG/"

Bal#e 2,504,963 4,531,090

Pe!%e$t C&a$e 81

C,rr$# 1or#o o' o/ #$r orroG/"

Bal#e 1,887,325 887,327

Pe!%e$t C&a$e 53

T!!#o


75/90

Bal#e 1,414,418 1,305,606

Pe!%e$t C&a$e 8

NON < CURRENT ASSETSPro1$r#* 1!# !% $,1$#

Bal#e 9,184,727 9,607,957Pe!%e$t C&a$e 5

I#!/$ !""$#"

Bal#e 1,673,849 1,569,234

Pe!%e$t C&a$e 6

Lo/ #$r @$"#$#"

Bal#e 6,058,006 6,409,382

Pe!%e$t C&a$e 6

Lo/ #$r o!" !% !%@!$"

Bal#e 64,545 76,647

Pe!%e$t C&a$e 19Lo/ #$r %$1o"#" !% 1r$1!*$#"

Bal#e 3,435 2,474

Pe!%e$t C&a$e 28

CURRENT ASSETSS#or$" "1!r$" !% oo"$ #oo"

Bal#e 2,154,318 2,202,053

Pe!%e$t C&a$e 2

S#o. #r!%$

Bal#e 560,472 952,905

Pe!%e$t C&a$e 70

Tr!%$ %$#"

Bal#e 659,713 961,427

Pe!%e$t C&a$e 46

Lo!" !% !%@!$"

Bal#e 116,810 95,245

Pe!%e$t C&a$e 18

D$1o"#" !% 1r$1!*$#"

Bal#e 26,097 25,488Pe!%e$t C&a$e 2

O#?$r r$$@!$"

Bal#e 579,802 1,451,390

Pe!%e$t C&a$e 150

S?or# #$r @$"#$#"

Bal#e 6,195,252 2,452,850

Pe!%e$t C&a$e 60

C!"? !% !. !!$"

Bal#e 1172113 1623229

Pe!%e$t C&a$e 38


76/90

ASSUMPTIONS AND +ORIN=S

3007 3008 3006 300 30

PROFIT AND LOSS ACCOUNT

28,429,005 30,592,806 36,163,174 44,874,359 55,221,168

11 6 6 7 10

3158004 1716646 1993036 3289562 5340349

25271001 28876160 34170138 41584797 49880819

3 14 18 22 20

18,311,525 18,234,692 20,515,044 25,310,406 20,871,759

10 0 13 23 18

72 63 60 61 42

2,418,793 2,668,571 3,174,505 3,944,473 4,372,151

12 10 19 24 1110 9 9 9 9

703,612 695,371 944,947 1,086,741 785,825

40 1 36 15 28

3 2 3 3 2

845,327 895,647 1,272,448 1,376,000 2,654,88115 6 42 8 93

3 3 4 3 5

1,665,205 1,942,558 2,800,987 3,153,110 6,629,501

32 17 44 13 110

7 7 8 8 13

4,656,949 8,324,437 11,064,181 13,020,287 27,825,704


77/90

51 79 33 18 114

18 29 32 31 56

2,202,949 4,808,437 6,830,070 7,739,287 17,151,704

197 118 42 13 122

9 17 20 19 34

10-86 13-22 13 16-25 17-68

34 22 2 25 9

BALANCE SHEET

4,934,742 4,934,742 6,785,271 6,785,271 8,481,588

0 0 38 0 25

S!$

160,000 160,000 160,000 160,000 160,000

0 0 0 0 0

7,635,303 7,190,471 6,137,171 8,502,276 14,428,636

3 6 15 39 70

2,671,250 5,378,214 4,578,809 3,819,405 2,703,750

124 101 15 17 29

2,363,526 2,431,895 3,035,757 3,215,821 3,832,614

1 3 25 6 19

5,815,276 5,993,674 8,002,897 9,614,026 11,730,961

44 3 34 20 22

184,430 194,570 147,329 137,968 79,826

38 5 24 6 42

3,141,081 3,114,000 6,088,348 5,640,420 8,735,650

31 1 96 7 55

1,022,500 743,036 1,799,405 1,759,405 1,615,655

15 27 142 2 8


78/90

1,313,106 1,778,361 1,816,595 3,426,264 3,762,236

1 35 2 89 10

10,390,490 12,730,813 13,993,518 15,933,588 17,050,9518 23 10 14 7

1,569,234 1,569,234 1,569,234 1,569,234 1,569,234

0 0 0 0 0

6,325,129 7,744,779 7,727,528 7,870,027 8,659,073

1 22 0 2 10

142,782 163,102 337,541 455,328 605,883

86 14 107 35 33

2,144 1,524 6,305 9,037 9,370

13 29 314 43 4

2,407,988 3,034,268 2,996,633 2,440,201 2,447,452

9 26 1 19 0

642,836 258,094 144,087 211,720 636,923

33 60 44 47 201

1,722,602 495,929 256,886 357,956 86,669

79 71 48 39 76

83,917 136,944 130,219 336,269 431,582

12 63 5 158 28

33,665 107,369 37,653 50,188 53,85232 219 65 33 7

1,542,763 1,233,479 734,062 617,664 891,673

6 20 40 16 44

3,027,664 3,511,563 6,768,568 12,020,581 21,794,480

23 16 93 78 81

1350000 931865 3849348 1189063 1293774

17 31 313 69 9


79/90

30330 (F) 309 (F) 305 (F) 304 (F)

74,322,612 13,782,562 2,618,687 497,551 94,535

4 9 8 8 7

3305744 1183236 213636 37580 6720

71016868 12599326 2405050 459971 87815

42 82 81 81 81

38,324,361 44,651,311 52,242,034 61,123,179 71,514,120

84 17 17 17 17

54 354 2172 13288 81438

5,560,687 6,478,698 7,580,077 8,868,690 10,376,367

27 17 17 17 178 51 315 1928 11816

999,457 1,204,132 1,444,959 1,733,951 2,080,741

27 20 20 20 20

1 10 60 377 2369

2,685,236 3,385,379 4,265,577 5,374,627 1,397,4031 26 26 26 74

4 27 177 1168 1591

4,267,852 5,290,402 6,560,099 8,134,522 10,086,808

36 24 24 24 24

6 42 273 1768 11486

27,714,979 38,312,763 48,657,209 61,794,655 78,479,212

./C


80/90

0 38 27 27 27

39 304 2023 13434 89369

17,533,979 28,418,085 36,090,968 45,835,529 58,211,122

2 62 27 27 27

25 226 1501 9965 66289

16-38 18-20 20-21 22-43 24-90

7 11 11 11 11

12,722,382 14,767,051 17,129,779 19,870,543 23,049,830

50 16 16 16 16

160,000 160,000 160,000 160,000 160,000

0 0 0 0 0

13,213,667 14,789,560 16,564,307 18,552,024 20,778,266

8 12 12 12 12

3,870,000 5,137,477 6,832,844 9,087,683 12,086,618

43 33 33 33 33

4,103,315 4,445,265 4,800,886 5,184,957 5,599,753

7 8 8 8 8

15,836,879 18,505,142 21,651,016 25,331,688 29,638,075

35 17 17 17 17

24,921 26,291 27,606 28,986 30,435

69 5 5 5 5

4,990,000 6,055,733 7,327,436 8,866,198 10,728,100

43 21 21 21 21

1,433,750 1,547,292 1,671,075 1,804,761 1,949,142

11 8 8 8 8


81/90

4,531,939 5,498,774 6,653,516 8,050,754 9,741,413

20 21 21 21 21

17,818,755 19,615,254 21,576,780 23,734,458 26,107,9045 10 10 10 10

1,678,639 1,680,370 1,682,051 1,683,733 1,685,416

7 0 0 0 0

9,511,865 10,169,897 10,881,790 11,643,515 12,458,561

10 7 7 7 7

700,786 896,843 1,147,959 1,469,387 1,880,816

16 28 28 28 28

222,313 1,036,328 4,829,288 22,504,484 104,870,895

2273 366 366 366 366

3,098,938 3,296,754 3,494,559 3,704,232 3,926,486

27 6 6 6 6

442,139 537,291 655,495 799,703 975,638

31 22 22 22 22

3,611,476 24,434,349 165,420,541 1,119,897,066 7,581,703,135

4067 577 577 577 577

677,977 941,025 1,308,025 1,818,154 2,527,235

57 39 39 39 39

35,670 113,764 362,906 1,157,670 3,692,96734 219 219 219 219

588,667 664,864 751,297 848,965 959,331

34 13 13 13 13

18,750,996 24,555,763 32,168,049 42,140,145 55,203,590

14 31 31 31 31

3748632 6068511-1607 9830988-08 15926200-69 25800445-118

190 62 62 62 62


82/90

307(F)

17,962

7

1310

16651

81

83,671,520

17

502497

12,140,349

1772910

2,496,889

20

14995

363,32574

2182

12,507,642

24

75116

99,668,599


83/90

27

598568

73,928,125

27

443982

27-63

11

26,737,803

16

160,000

0

23,271,658

12

16,075,202

33

6,047,734

8

34,676,548

17

31,957

5

12,981,000

21

2,105,073

8


84/90

11,787,109

21

28,718,69410

1,687,102

0

13,330,660

7

2,407,444

28

488,698,371

366

4,162,076

6

975,638

0

51,328,130,224

577

3,512,856

39

11,780,565219

1,084,044

13

72,316,702

31

41796721-09144

62


85/90

ASSUMPTIONS30 (F) 309 (F)

PROFIT AND LOSS ACCOUNTSales 19 19

Cost to Sales 17 17

Dst!"#to$ %osts 17 17

F$a$%e Cost 20 20

Ot&e! +'e$ses 26 26

Ot&e! I$%oes 24 24

PROFIT BEFORE TA-ATION: 38 27

Ta'ato$ 35 35

NET PROFIT AFTER TA-ATION 62 27

EPS 11 11

30 (F) 309 (F)BALANCE SHEET

EUITY

S&a!e Catal 16 16

Catal Rese!*es Sa

Re*e$#e !ese!*es 12 12

NON ; CURRENT LIABILITIES

o$ te! "o!!o$s 33 33

Defe!!e la"ltes 8 8

CURRENT LIABILITIES T!ae a$ ot&e! aa"les 17 17

I$te!est a$ a!# a%%!#e 5 5

S&o!t te! "o!!o$s 21 21

C#!!e$t o!to$ of lo$ te! "o!!o$s 8 8

Ta'ato$ 21 21

NON < CURRENT ASSETS

P!oe!t, la$t a$ e#e$t 10 10

I$ta$"le assets 0-10 0-10

o$ te! $*este$ts 7 7o$ te! loa$s a$ a*a$%es 28 28

o$ te! eosts a$ !eae$ts 366 366

CURRENT ASSETS

Sto!es, sa!es a$ loose tools 6 6

Sto% $ t!ae 22 22

T!ae e"ts 577 577

oa$s a$ a*a$%es 39 39

Deosts a$ !eae$ts 219 219Ot&e! !e%e*a"les 13 13

S&o!t te! $*este$ts 31 31


86/90

Cas& a$ "a$ "ala$%es 62 62


87/90

305 (F) 304 (F) 307(F)

19 19 19

17 17 17

17 17 17

20 20 20

26 26 26

24 24 24

27 27 27

35 35 35

27 27 27

11 11 11

305 (F) 304 (F) 307(F)

16 16 16

e

12 12 12

33 33 33

8 8 8

17 17 17

5 5 5

21 21 21

8 8 8

21 21 21

10 10 10

0-10 0-10 0-10

7 7 728 28 28

366 366 366

6 6 6

22 22

577 577 577

39 39 39

219 219 21913 13 13

31 31 31


88/90

62 62 62


89/90

./C


90/90

Date post:	07-Aug-2018
Category:	Documents
Upload:	kashif
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