Six Years Performance

2005-06

2006-07

2007-08

2008-09

2009-1 0

2010-11

4,902
395
30
5

3,282
661
41
10

2,889
1,067
31
5

5,129
1,128
30
2

2,493
290
26
6

1,500
660
21
2

12,956
344,16 4
128,65 4
22,006
959

13,930
344,03 2
139,48 0
16,638
895

15,037
358,86 8
125,48 2
29,065
547

14,43 8
364,03 6
79,145
24,673
148

13,34 3
354,32 7
73,88 1
20,01 8
64

13,224
362,924
71,061
34,400
30

Operationa l Performance
Seismic Survey - 2D
- 3D
Exploratory & Developmen t Wells Drilled
Oil & Gas Discoverie s
Quantit y Sold
Crude Oil
Gas
LPG
Sulphur
White Pet roleu m Product s

L. kms
sq. kms
Number s
Number s

Thousan d Bbl
MMcf
M.Tons
M.Tons
Thousan d Bbl

Financia l Results
Net Sales
Other Revenue s
Profit Before Taxation
Profit for the Year

Rs
Rs
Rs
Rs

in billion
in billion
in billion
in billion

97.31
4.40
65.76
45.80

100.73
4.03
60.75
45.25

125.91
3.91
78.31
44.34

130.83
3.43
80.93
55.54

142.5 7
3.36
88.5 5
59.18

155.63
3.38
90.98
63.53

Balanc e Sheet
Share Capital
Reserve s
Non Current Liabilities
Current Liabilities
Total Equity & Liabilities
Fixed Asset s
Long Term Investments , Loans, Rec. & Prepayment s
Current Asset s
Total Asset s

Rs
Rs
Rs
Rs
Rs
Rs
Rs
Rs
Rs

in billion
in billion
in billion
in billion
in billion
in billion
in billion
in billion
in billion

43.01
58.46
16.65
11.09
129.21
47.77
4.62
76.82
129.21

43.01
63.93
18.55
11.26
136.75
57.49
4.34
74.92
136.75

43.01
67.41
20.46
21.44
152.31
67.71
4.78
79.82
152.31

43.01
83.16
30.53
21.29
177.99
87.69
4.8 4
85.46
177.99

43.0 1
114.3 8
36.6 3
34.8 4
228.8 7
103.1 8
5.25
120.4 3
228.8 7

43.01
158.56
38.44
21.78
261.78
106.03
6.14
149.60
261.78

Cash Flow Summary

Net Cash from Operatin g Activities
Net Cash used in Investing Activities
Net Cash used in Financing Activities
(Dec rease) /Increase in Cash and Cas h Equivalent s
Cash and Cash Equivalent s at beginnin g of the Year
Cash and Cash Equivalent s at end of the Year

Rs
Rs
Rs
Rs
Rs
Rs

in billion
in billion
in billion
in billion
in billion
in billion

43.50
(7.04)
(41.44)
(4.99)
42.38
37.39

37.21
(12.72)
(38.15)
(13.66)
37.39
23.74

51.60
(15.59)
(41.47)
(5.46)
23.7 4
18.28

52.98
(22.91)
(39.41)
(9.34)
18.2 8
8.94

61.5 1
(22.84)
(28.77)
9.90
8.94
18.84

67.92
(15.96)
(18.66)
33.30
18.84
52.14

%
%
%
%

72%
47%
73%
48%

69%
45%
67%
43%

69%
35%
69%
41%

70%
42%
70%
47%

71%
42%
71%
42%

66%
41%
71%
35%

Times
Times
Times
%

6.92
5.89
3.39
75%

6.65
5.44
2.13
74%

3.72
2.94
0.86
73%

4.01
3.25
0.43
75%

3.46
3.03
0.54
66%

6.87
6.22
2.40
87%

No. of days
%

81
77%

95
76%

100
87%

135
79%

178
70%

189
63%

Rupee s

10.65
12.84
7%
85%
1.18
9.00
136.75
168.80
98.55
23.59

10.52
11.39
8%
86%
1.17
9.00
119.80
156.00
113.20
24.86

10.31
12.06
8%
92%
1.09
9.50
124.36
140.80
104.90
25.67

12.91
6.09
10%
64%
1.57
8.25
78.64
125.49
40.56
29.34

13.7 6
10.3 2
4%
40%
2.50
5.50
142.0 0
142.00
80.71
36.6 0

14.77
10.36
4%
37%
2.69
5.50
153.00
179.70
128.80
46.87

Rs in billion

79.66

78.31

99.75

86.45

80.2 4

76.84

Key Indicators
Profitabilit y Ratios
Gross Profit Margin
Net Profit Margin
EBITDA Margin to Sales
Return on Average Capital Employe d
Liquidity Ratios
Current Ratio
Quick / Acid Test Ratio
Cash to Current Liabilities
Cash Flow from Operation s to Sales
Activity / Turnover Ratios
Debtor Turnover in Days (1)
Total Asset s Turnover Ratio
Investmen t / Market Ratios
Earnings per Share
Price Earning Ratio
Dividend Yield Ratio
Dividend Pay out Ratio
Dividend Coverag e Ratio
Cash Dividend per Share
Market Price per Share (2) - As on June 30
- High during the Year
- Low during the Year
Break-u p Value per Share
Contribution to National Excheque r

Rupee s
Times
%
%
Times
Rupee s
Rupee s

Note: Prior years figures have been rearrange d and/o r reclassified , whe rever, necessar y for the purpos e of
comparison.
1 - 366 days have been used for the year 200708.
2 - Sou rce KSE

26

O il & Gas DevelopmentCompany Limited

Graphical Analysis
Quantity Sold - Crude Oil

Quantity Sold - Gas

Thousand Barrels

MMcf

16000

400000

14000

350000

12000

300000

10000

250000

8000

200000

6000

150000

4000

100000

2000
0

50000
2005-06
11

2006-07 2007-08 2008-09 2009-10 2010-

2005-06

2006-07

2007-08 2008-09

2009-10 2010-11

O w n Fields
O w nF ields

O peratedJV s

O perated JV s

N on-O peratedJVs

Non-Op era
ted JV s

Sales Revenue vs Profit

for the Year

Dividend and Earnings

per Share

Rs in billion

180
160
140
120
100
80
60
40
20
0

Rupees

125.91
97.31

45.80

130.83

142.57

16

155.63

14
12

100.73

45.25

10

44.34

59.18

55.54

12.91
10.65

63.53

10.52

9.00

9.00

10.31

9.50

2006-07

2005-06

2007-08 2008-09 2009-10 2010-

2006-07 2007-08 2008-09

Earningsper Share

Profitfor the Y ea r

Return on Average Capital Employed

47%
43%

42%

41%

35%

2005-06

2006-07

2007-08

2008-09

Assets and Liabilities

100
80
60
40

5.50

5.50

48%

120

8.25

N et Sales Revenue

140

14.77

2005-06
11

Rs in
billion

13.76

2009-10

2010-11

2009-10

2010-11

D ivid endper Share

20
0
2005-06

2006-07

Long term L iabilities

2007-08

2008-09

L ongterm In vestm en t,L o an s,R eceivab le& Payments

2009-10

N et C urrentAssets

2010-11

N on-C urrentAssets

Annual Report 2011

27