|
 |
|
 |
|
Un-Audited Accounts of Hussain Mills Limited, for the period ended on 31st March 2010. |
|
- Balance Sheet
- Profit & Loss
- Cash Flow
- Equity
| HUSSAIN MILLS LIMITED |
| |
|
|
|
|
|
|
|
|
|
|
|
| BALANCE SHEET AS AT 31ST MARCH, 2010 |
| |
| |
|
|
|
|
|
|
|
|
Un-audited |
|
Audited |
| |
|
|
|
|
|
|
|
|
31 March, 2010 |
|
30 June, 2009 |
| |
|
|
|
|
|
|
|
|
Un-Audited |
|
Audited |
| |
|
|
|
|
|
|
|
|
Rupees |
|
Rupees |
| EQUITY & LIABILITIES |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| SHARE CAPITAL & RESERVES |
|
|
|
|
|
|
|
|
|
|
| Authorized Capital: |
|
|
|
|
|
|
|
|
|
|
| 20,000,000 Ordinary Shares of Rs. 10 each |
|
|
|
|
|
200,000,000 |
|
200,000,000 |
| |
|
|
|
|
|
|
|
|
|
|
|
| Issued, Subscribed & Paid Up Capital |
|
|
|
|
|
187,997,420 |
|
187,997,420 |
| Premium on Issue of Shares |
|
|
|
|
|
|
|
2,400,000 |
|
2,400,000 |
| Investments Fair Value Reserve |
|
|
|
|
|
|
|
223,936 |
|
223,936 |
| Un-appropriated Profit |
|
|
|
|
|
|
|
730,318,948 |
|
487,234,688 |
| |
|
|
|
|
|
|
|
|
920,940,304 |
|
677,856,044 |
| SURPLUS ON REVALUATION OF FIXED ASSETS |
|
|
|
|
|
1,557,189,973 |
|
1,596,096,872 |
| NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
| Long Term Finances |
|
|
|
|
|
|
|
1,576,905,471 |
|
1,643,560,501 |
| Deferred Liabilities |
|
|
|
|
|
|
|
256,608,953 |
|
247,560,314 |
| |
|
|
|
|
|
|
|
|
1,833,514,424 |
|
1,891,120,815 |
| CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
| Trade & Other Payables |
|
|
|
|
|
|
|
425,925,560 |
|
300,093,391 |
| Accrued Interest & Mark-up |
|
|
|
|
|
|
|
140,558,560 |
|
115,330,522 |
| Short Term Borrowings |
|
|
|
|
|
|
|
3,524,001,350 |
|
2,593,341,480 |
| Current Portion of Long Term Liabilities |
|
|
|
|
|
347,881,067 |
|
220,258,769 |
| |
|
|
|
|
|
|
|
|
4,438,366,537 |
|
3,229,024,162 |
| CONTINGENCIES & COMMITMENTS |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
8,750,011,238 |
|
7,394,097,893 |
| ASSETS |
|
|
|
|
|
|
|
|
|
|
|
| NON CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
| Property, Plant & Equipment |
|
|
|
|
|
|
|
3,842,945,027 |
|
3,806,691,941 |
| Long Term Investments |
|
|
|
|
|
|
|
190,438,394 |
|
190,438,394 |
| Long Term Loans & Advances |
|
|
|
|
|
|
|
98,312,000 |
|
53,312,000 |
| Long Term Deposits & Prepayments |
|
|
|
|
|
10,047,914 |
|
10,047,914 |
| |
|
|
|
|
|
|
|
|
4,141,743,335 |
|
4,060,490,249 |
| CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
| Stores, Spares & Loose Tools |
|
|
|
|
|
|
|
51,849,599 |
|
61,600,093 |
| Stock in Trade |
|
|
|
|
|
|
|
|
3,184,893,967 |
|
2,009,342,151 |
| Trade Debts |
|
|
|
|
|
|
|
|
881,322,255 |
|
333,363,581 |
| Loans & Advances |
|
|
|
|
|
|
|
371,375,167 |
|
738,110,557 |
| Trade Deposits & Short Term Prepayments |
|
|
|
|
|
35,630,250 |
|
19,708,432 |
| Interest Accrued |
|
|
|
|
|
|
|
|
- |
|
892,752 |
| Other Receivables |
|
|
|
|
|
|
|
40,880,600 |
|
61,007,940 |
| Short Term Investments |
|
|
|
|
|
|
|
2,153,105 |
|
32,639,844 |
| Tax Refunds Due from Government Departments |
|
|
|
|
|
21,912,360 |
|
21,912,360 |
| Cash & Bank Balances |
|
|
|
|
|
|
|
18,250,600 |
|
55,029,934 |
| |
|
|
|
|
|
|
|
|
4,608,267,903 |
|
3,333,607,644 |
| |
|
|
|
|
|
|
|
|
8,750,011,238 |
|
7,394,097,893 |
| HUSSAIN MILLS LIMITED |
| PROFIT & LOSS ACCOUNT |
| FOR THE PERIOD ENDED 31ST MARCH, 2010 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
Un-audited |
|
Audited |
| |
|
|
|
|
|
|
|
|
|
|
|
31 MARCH, 2010 |
|
30 June, 2009 |
| |
|
|
|
|
|
|
|
|
|
|
|
Rupees |
|
Rupees |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SALES |
6,115,446,382 |
|
6,253,776,491 |
| COST OF SALES |
(5,198,045,681) |
|
(5,246,876,626) |
| GROSS PROFIT |
917,400,701 |
|
1,006,899,865 |
| DISTRIBUTION COST |
(139,358,102) |
|
(185,121,253) |
| ADMINISTRATIVE EXPENSES |
(75,498,395) |
|
(99,235,966) |
| OTHER OPERATING INCOME |
- |
|
872,296 |
| OTHER OPERATING EXPENSES |
- |
|
(2,557,374) |
| OPERATING PROFIT |
702,544,204 |
|
720,857,568 |
| FINANCE COST |
(448,963,204) |
|
(672,267,463) |
| NET PROFIT FOR THE PERIOD BEORE TAXATION |
253,581,000 |
|
48,590,105 |
| TAXATION |
(49,403,641) |
|
(37,902,233) |
| NET PROFIT FOR THE PEROD AFTER TAXATION |
204,177,359 |
|
10,687,872 |
| HUSSAIN MILLS LIMITED |
| CASH FLOW STATEMENT |
| FOR THE PERIOD ENDED 31ST MARCH, 2010 |
| |
|
|
|
|
|
|
| |
|
|
|
|
|
Un-audited |
| |
|
|
|
|
|
31 March., 2010 |
| |
|
|
|
|
|
RUPEES |
| CASH IN FLOW |
|
|
|
|
|
| Net Profit for The Period |
|
|
|
204,177,359 |
| Depreciation |
|
|
|
|
133,246,916 |
| Deffered Liabilities |
|
|
|
|
9,048,639 |
| Long Term Loan Obtained |
|
|
|
150,050,001 |
| Increase in current liabilities |
|
|
|
1,081,720,077 |
| |
|
|
|
|
|
1,578,242,992 |
| CASH OUT FLOW |
|
|
| |
|
|
|
|
|
|
| Increase in current assets |
|
|
|
1,311,439,593 |
| Fixed Capital Expenditure |
|
|
|
169,500,000 |
| Loan & Advances |
|
|
|
|
45,000,000 |
| Long Term Loans Repaid |
|
|
|
89,082,733 |
| |
|
|
|
|
|
1,615,022,326 |
| |
|
|
|
|
|
|
| NET DECREASE IN CASH & CASH EQUIVALENTS |
|
(36,779,334) |
| |
|
|
|
|
|
|
| CASH & CASH EQUIVALENTS AS AT 1ST JULY, 2009 |
|
55,029,934 |
| |
|
|
|
|
|
|
| CASH & CASH EQUIVALENTS AS AT 31 March., 2010 |
|
18,250,600.20 |
| HUSSAIN MILLS LIMITED |
| STATEMENT OF CHANGES IN EQUITY |
| FOR THE PERIOD ENDED 31ST MARCH, 2010 |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
PAID-UP
SHARE
CAPITAL |
CAPITAL
RESERVE |
REVENUE RESERVES |
TOTAL |
| |
| |
PREMIUM
ON ISSUE
OF SHARES |
INVESTMENTS
FAIR VALUE
RESERVE |
UN-APPROPR-
IATED
PROFIT |
| |
| |
| PARTICULARS |
R U P E E S |
| |
|
|
|
|
|
|
| Balance as at 30th June, 2008-Restated |
187,997,420 |
|
2,400,000 |
7,727,987 |
417,820,216 |
615,945,623 |
| Incremental Depreciation on Revaluation of Fixed Assets |
|
|
|
- |
58,726,600 |
58,726,600 |
| Un-realized Loss on Re-measurementof Fair Value of Investments Held for Sale |
|
|
|
(7,504,051) |
- |
(7,504,051) |
| Net Profit for the Yearended 30th June, 2009 |
|
|
|
- |
10,687,872 |
10,687,872 |
| Balance as at 30th June, 2009 |
187,997,420 |
|
2,400,000 |
223,936 |
487,234,688 |
677,856,045 |
| Incremental Depreciation on Revaluation of Fixed Assets |
|
|
|
- |
38,906,899 |
38,906,899 |
| Un-realized Loss on Re-measurementof Fair Value of Investments Held for Sale |
|
|
|
- |
- |
- |
| Net Profit for the Half Yearended 31st March, 2010 |
|
|
|
- |
204,177,359 |
204,177,359 |
| Balance as at 31st March, 2010 |
187,997,420 |
|
2,400,000 |
223,936 |
730,318,948 |
920,940,303 |
|
| |
|
|
