(Colony) Sarhad Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

11

2004

2005

2006

2007

2008

2009

40.0
75.8
115.8
0.0
0.0
343.2
343.2
459.0

40.0
63.5
103.5
0.0
0.0
343.9
343.9
447.4

40.0
38.9
78.9
0.0
0.0
343.9
343.9
422.8

40.0
13.3
53.3
0.0
0.0
27.4
27.4
80.7

40.0
9.2
49.2
0.0
0.0
304.7
304.7
353.9

40.0
-180.1
-140.1
0.0
0.0
0.0
0.0
-140.1

5.5
0.5
5.0
116.4
102.2
224.1
157.3
500.5
66.8
343.2
-151.8

5.3
0.3
5.0
110.1
109.9
225.3
167.9
511.8
57.4
343.9
-162.6

5.3
0.3
5.0
109.7
99.7
214.7
180.2
524.1
34.5
343.9
-174.9

0.2
0.2
0.0
120.7
84.0
204.9
510.8
538.2
-305.9
27.4
-510.6

16.7
0.2
16.5
115.3
84.0
216.0
247.8
552.5
-31.8
304.7
-231.1

11.1
0.1
11.0
155.4
84.0
250.5
568.3
568.3
-317.8
11.8
-557.2

510.1
392.2
2.0
616.3

510.1
390.0
1.4
615.3

510.1
388.3
1.8
603.0

510.1
386.6
3.3
591.5

509.8
385.6
0.9
601.6

209.6
177.7
4.0
428.2

115.0
115.0
0.0
112.2
2.8
119.0
-3.6
7.0
-10.6
0.5
0.0
0.0

56.7
56.7
0.0
58.6
-1.9
63.9
-6.7
5.2
-11.9
0.2
0.0
0.0

60.2
60.2
0.0
71.6
-11.4
77.9
-17.4
7.0
-24.4
0.3
0.0
0.0

36.0
36.0
0.0
47.4
-11.4
51.7
-14.4
7.0
-21.4
0.0
0.0
0.0

0.0
0.0
0.0
5.6
-5.6
8.9
-7.8
7.0
-14.8
0.0
0.0
32.5

0.0
0.0
0.0
9.4
-9.4
13.3
-65.5
7.1
-72.6
0.0
0.0
0.0

-11.3
-11.1
-0.2

-11.6
-12.1
0.5

-24.6
-24.7
0.1

-342.1
-21.4
-320.7

273.2
-14.8
288.0

-494.0
-72.6
-421.4

-9.1
-9.3

-10.7
-10.2

-22.9
-22.8

-18.1
-338.8

-13.9
274.1

-68.6
-490.0

74.8
142.5
77.5
432.2
-1.7
289.5
103.5
6.1
2.0
1.2
-9.2

76.9
134.2
68.7
494.5
-1.9
258.8
112.7
9.2
1.5
0.2
-11.5

81.3
119.1
63.8
664.3
-4.0
100.4
100.4
197.3
129.4
-40.2
11.6
2.0
-1.2
0.0
-30.9

34.0
40.1
23.7
1009.8
-3.6
6.3
5.3
133.3
143.6
-48.6
19.4
25.5
0.0
0.0
-40.2

86.1
87.2
53.3
1123.0
-2.5
-5.4
-5.1
123.0
0.0
-89.7
0.0
2.3
0.0
0.0
-30.1

0.0
44.1
29.3
0.0
-17.0
14.7
14.0
-350.3
0.0
-10.8
0.0
60.2
0.0
0.0
0.0

0.0
-9.2
-2.7
-2.8
0.5
18.7
-30.8
-16.1
29.0

0.0
-21.0
-3.0
-3.0
3.6
9.2
11.1
-50.7
25.9

0.0
0.0
-40.5
-6.1
-6.2
0.5
10.0
103.3
6.2
19.7

0.0
0.0
-59.4
-5.4
-5.4
0.8
6.1
-11.5
-40.2
13.3

0.0
0.0
0.0
-3.7
-3.7
0.2
0.0
-31.5
-100.0
12.3

0.0
0.0
0.0
-18.2
-18.2
1.0
0.0
391.9
-35.0

(Colony) Thal Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

12

2004

2005

2006

2007

2008

2009

55.7
79.5
135.2
0.0
0.0
135.8
135.8
271.0

55.7
82.2
137.9
0.0
0.0
162.2
162.2
300.1

55.7
101.5
157.2
0.0
0.0
157.1
157.1
314.3

55.7
52.5
108.2
0.0
0.0
275.0
275.0
383.2

55.7
18.1
73.8
0.0
0.0
203.1
203.1
276.9

55.7
-21.5
34.2
0.0
0.0
199.2
199.2
233.4

34.6
34.6
0.0
50.1
24.7
109.4
219.3
355.1
-109.9
161.2
-184.7

7.1
7.1
0.0
40.1
75.5
122.7
225.7
387.9
-103.0
251.2
-218.6

3.9
3.9
0.0
34.8
95.9
134.6
197.3
354.4
-62.7
266.0
-193.4

1.6
1.6
0.0
53.7
85.2
140.5
138.1
413.1
2.4
359.3
-136.5

3.3
3.3
0.0
47.9
52.6
103.8
195.1
398.2
-91.3
276.4
-191.8

4.0
4.0
0.0
73.4
56.9
134.3
223.2
422.4
-88.9
277.7
-219.2

487.9
380.8
10.6
490.2

470.3
403.3
10.2
526.0

461.7
377.1
13.2
511.7

478.8
380.8
14.0
521.3

479.6
368.2
13.4
472.0

445.9
322.2
12.7
456.5

369.6
369.6
0.0
361.4
8.2
383.6
-12.9
8.0
-20.9
0.0
0.0
0.0

542.2
542.2
0.0
516.1
26.1
531.2
15.2
10.8
4.4
2.4
0.0
0.0

881.4
881.4
0.0
831.3
50.1
868.4
13.2
19.7
-6.5
4.4
0.6
0.0

777.4
777.4
0.0
748.5
28.9
765.1
12.3
25.9
-13.6
3.9
0.0
0.0

374.9
374.9
0.0
374.1
0.8
383.6
-8.7
23.9
-32.6
1.9
0.0
0.0

120.6
120.6
0.0
132.8
-12.2
141.6
-6.6
28.1
-34.7
0.0
0.0
0.0

60.0
-20.9
80.9

29.1
2.0
27.1

14.2
-11.5
25.7

68.9
-17.5
86.4

-106.3
-34.5
-71.8

-43.5
-34.7
-8.8

-10.3
70.6

12.2
39.3

1.7
27.4

-3.5
82.9

-21.1
-92.9

-22.0
-30.8

50.1
49.9
38.6
262.6
-4.3
-34.8
-14.6
242.7
103.8
2.2
5.0
3.5
-15.5

54.0
54.4
20.9
281.3
0.8
6.9
31.0
247.6
98.0
71.1
2.0
4.3
54.5
5.0
3.2

50.0
68.2
19.6
225.4
-1.3
-81.0
6.2
282.2
98.5
149.2
2.2
7.4
-67.7
1.8
-4.1

71.8
101.7
40.0
381.8
-2.6
-25.4
-4.2
194.3
98.4
210.6
3.3
7.2
-28.7
2.4
-12.6

73.3
53.2
26.2
539.6
-6.9
32.5
22.7
132.5
102.3
-274.7
6.4
8.6
-5.8
6.0
-44.2

85.3
60.2
34.7
1235.1
-7.6
79.8
71.4
61.4
117.4
-425.8
23.3
10.1
0.0
16.9
-101.5

0.0
-5.7
-3.8
-3.8
4.3
75.4
-22.4
71.6
24.3

0.0
0.8
0.8
0.4
2.7
103.1
-121.1
46.7
24.8

-1816.7
0.4
-0.7
-1.2
-2.0
3.3
172.2
-250.0
62.6
28.2

0.0
0.0
-1.7
-2.4
-3.1
3.7
149.1
100.0
-11.8
19.4

0.0
0.0
-8.7
-5.9
-6.2
3.5
79.4
145.8
-51.8
13.2

0.0
0.0
-28.8
-6.2
-6.2
3.4
26.4
5.1
-67.8
6.1

Accord Textiles Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

13

2004

2005

2006

2007

2008

2009

93.0
-319.2
-226.2
0.0
0.0
418.5
418.5
192.3

93.0
-81.8
11.2
0.0
0.0
179.3
179.3
190.5

93.0
-405.2
-312.2
0.0
0.0
81.0
81.0
-231.2

93.0
-437.5
-344.5
0.0
0.0
285.1
285.1
-59.4

93.0
-443.7
-350.7
0.0
0.0
229.8
229.8
-120.9

93.0
-443.7
-350.7
0.0
0.0
229.8
229.8
-120.9

8.2
8.2
0.0
28.0
47.5
83.7
198.7
617.2
-115.0
607.0
-190.5

2.7
2.7
0.0
21.2
63.0
86.9
199.5
378.8
-112.6
216.9
-196.8

2.2
2.2
0.0
28.9
69.0
100.1
618.9
699.9
-518.8
192.2
-616.7

1.1
1.1
0.0
36.1
13.0
50.2
383.1
668.2
-332.9
290.7
-382.0

0.4
0.4
0.0
6.8
11.6
18.8
399.6
629.4
-380.8
234.0
-399.2

0.4
0.4
0.0
6.8
11.6
18.8
399.6
629.4
-380.8
234.0
-399.2

449.6
307.2
16.2
390.9

457.1
302.9
11.8
389.8

456.5
287.8
15.1
387.9

456.5
273.5
14.2
323.7

456.5
259.9
13.6
278.7

456.5
259.9
13.6
278.7

273.2
273.2
0.0
303.0
-29.8
308.9
-16.5
1.1
-17.6
1.4
0.0
0.0

192.4
192.4
0.0
210.4
-18.0
214.4
-22.0
0.0
-22.0
0.8
0.0
0.0

269.3
269.3
0.0
306.9
-37.6
311.6
1.5
2.6
-1.1
1.3
0.0
0.0

387.9
387.9
0.0
415.4
-27.5
419.8
-31.6
0.9
-32.5
1.9
0.0
0.0

378.8
378.8
0.0
380.9
-2.1
384.5
-5.7
0.5
-6.2
1.9
0.0
0.0

378.8
378.8
0.0
380.9
-2.1
384.5
-5.7
0.5
-6.2
1.9
0.0
0.0

260.1
-19.0
279.1

-1.8
-22.8
21.0

-421.7
-2.4
-419.3

171.8
-34.4
206.2

-61.5
-8.1
-53.4

0.0
-8.1
8.1

-2.8
276.3

-11.0
10.0

12.7
-406.6

-20.2
186.0

5.5
-47.9

5.5
13.6

217.6
42.1
18.2
-4.5
-7.3
-1.0
-243.2
113.1
0.4
0.2
0.8
-

94.1
43.6
12.0
3382.1
-5.6
-110.0
12.0
111.4
0.0
0.0
1.1
-196.4

0.0
16.2
5.0
0.0
-0.3
0.6
-3.1
-335.7
115.7
173.3
1.0
1.4
-118.2
0.9
0.0

0.0
13.1
9.7
0.0
-10.0
-20.0
-10.9
-370.4
108.2
-2.8
0.2
0.3
-5.8
1.4
0.0

0.0
4.7
1.8
0.0
-2.2
13.2
-11.5
-377.1
101.5
-8.8
0.1
0.2
-30.6
0.4
0.0

0.0
4.7
1.8
0.0
-2.2
0.0
40.4
-377.1
101.5
-8.8
0.1
0.2
-30.6
0.4
0.0

-6.4
-1.9
-2.0
5.0
69.9
-50.0
1.8
-24.3

0.0
-11.4
-2.4
-2.5
3.8
49.4
26.3
-29.6
1.2

0.0
0.0
-0.4
-0.1
-0.3
5.0
69.4
-95.8
40.0
-33.6

0.0
0.0
-8.4
-3.5
-3.7
4.9
119.8
3400.0
44.0
-37.0

0.0
0.0
-1.6
-0.7
-0.9
5.0
135.9
-80.0
-2.3
-37.7

0.0
0.0
-1.6
-0.7
-0.9
5.0
135.9
0.0
0.0
-37.7

Adil Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

14

2004

2005

2006

2007

2008

2009

77.3
34.3
111.6
0.0
0.0
102.8
102.8
214.4

77.3
34.3
111.6
0.0
0.0
93.7
93.7
205.3

77.3
10.5
87.8
0.0
0.0
85.6
85.6
173.4

77.3
-26.1
51.2
0.0
0.0
53.6
53.6
104.8

77.3
-52.0
25.3
0.0
0.0
23.6
23.6
48.9

77.3
-90.4
-13.1
0.0
0.0
0.0
0.0
-13.1

0.4
0.4
0.0
32.5
96.3
129.2
351.5
454.3
-222.3
172.8
-351.1

33.5
33.5
0.0
37.9
181.0
252.4
506.9
600.6
-254.5
342.8
-473.4

0.3
0.3
0.0
36.8
74.2
111.3
411.9
497.5
-300.6
270.3
-411.6

0.2
0.2
0.0
37.2
51.1
88.5
436.5
490.1
-348.0
130.7
-436.3

0.0
0.0
0.0
47.2
17.6
64.8
449.4
473.0
-384.6
65.3
-449.4

0.0
0.0
0.0
43.9
3.9
47.8
476.0
476.0
-428.2
194.1
-476.0

658.3
436.6
19.6
565.8

713.1
459.6
15.6
712.0

743.8
473.9
19.8
585.2

740.2
452.7
20.5
541.2

740.2
433.3
20.5
498.1

740.2
414.9
18.4
462.7

371.8
185.6
186.2
367.0
4.8
385.4
-12.7
8.7
-21.4
1.7
0.0
0.0

316.0
205.1
110.9
292.8
23.2
304.5
12.7
11.7
1.0
1.5
0.0
0.0

310.6
257.9
52.7
290.4
20.2
306.9
5.5
26.5
-21.0
1.6
0.0
0.0

210.7
210.7
0.0
210.0
0.7
218.1
-6.5
29.0
-35.5
1.1
0.0
0.0

44.1
44.1
0.0
62.5
-18.4
68.4
-24.1
1.5
-25.6
0.2
0.0
0.0

0.0
0.0
0.0
34.6
-34.6
36.6
-36.6
1.8
-38.4
0.0
0.0
0.0

10.7
-23.1
33.8

-9.1
-0.5
-8.6

-31.9
-22.6
-9.3

-68.6
-36.6
-32.0

-55.9
-25.8
-30.1

-62.0
-38.4
-23.6

-3.5
30.3

15.1
6.5

-2.8
-12.1

-16.1
-48.1

-5.3
-35.4

-20.0
-43.6

47.9
36.8
9.4
407.1
-3.8
-215.9
-11.6
144.4
103.7
2.3
5.0
0.8
-19.2

45.6
49.8
14.1
538.2
0.1
232.3
144.4
96.4
92.1
3.7
3.4
150.0
4.1
0.9

49.4
27.0
9.0
566.6
-3.6
70.8
23.1
113.6
98.8
481.8
8.5
9.8
-7.6
2.2
-23.9

51.1
20.3
8.6
957.2
-6.6
53.4
33.5
66.2
103.5
-446.2
13.8
22.2
-3.1
3.3
-69.3

48.3
14.4
10.5
1869.6
-5.1
46.2
15.0
32.7
155.1
-6.2
3.4
2.3
-0.8
37.4
-101.2

0.0
10.0
9.2
0.0
-8.3
61.9
45.9
-16.9
0.0
-4.9
0.0
0.9
0.0
0.0
0.0

0.0
-5.8
-2.8
-3.0
4.7
65.7
-93.8
196.0
14.4

0.0
0.3
0.1
-0.1
3.6
44.4
-103.6
-15.0
14.4

0.0
0.0
-6.8
-2.7
-2.9
4.3
53.1
-2800.0
-1.7
11.4

0.0
0.0
-16.8
-4.6
-4.7
4.3
38.9
70.4
-32.2
6.6

0.0
0.0
-58.0
-3.3
-3.3
4.5
8.9
-28.3
-79.1
3.3

0.0
0.0
0.0
-5.0
-5.0
4.2
0.0
51.5
-100.0
-1.7

Ahmed Hassan Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

15

2004

2005

2006

2007

2008

2009

125.3
221.7
347.0
0.0
0.0
216.0
216.0
563.0

125.3
275.4
400.7
0.0
0.0
464.9
464.9
865.6

125.3
245.0
370.3
0.0
0.0
431.7
431.7
802.0

144.1
225.7
369.8
0.0
0.0
453.2
453.2
823.0

144.1
691.5
835.6
0.0
0.0
676.6
676.6
1512.2

144.1
627.7
771.8
0.0
0.0
636.4
636.4
1408.2

0.2
0.2
0.0
202.2
228.6
431.0
500.7
716.7
-69.7
555.7
-500.5

0.6
0.6
0.0
214.8
414.9
630.3
726.8
1191.7
-96.5
1036.6
-726.2

8.4
8.4
0.0
223.9
432.5
664.8
860.3
1292.0
-195.5
1099.1
-851.9

5.3
5.0
0.3
236.9
426.1
668.3
1033.3
1486.5
-365.0
959.3
-1028.0

1.3
1.0
0.3
268.9
582.8
853.0
1357.8
2034.4
-504.8
1573.6
-1356.5

2.1
1.8
0.3
320.1
688.6
1010.8
1552.5
2188.9
-541.7
1739.5
-1550.4

995.1
632.7
66.3
1063.7

1372.0
962.2
47.6
1592.5

1505.6
997.6
99.6
1662.4

1726.2
1188.1
107.8
1856.4

2651.5
2017.0
121.3
2870.0

2774.0
1950.0
103.5
2960.8

1845.7
826.6
1019.1
1748.4
97.3
1795.2
51.6
36.0
15.6
5.7
0.0
0.0

1386.0
727.1
658.9
1247.0
139.0
1286.3
100.3
40.2
60.1
7.4
0.0
0.0

2054.6
1081.3
973.3
1855.9
198.7
1907.1
150.4
121.6
28.8
11.7
0.0
0.0

2169.7
1101.8
1067.9
1988.7
181.0
2037.1
133.5
130.7
2.8
0.0
0.0
0.0

2556.3
1279.8
1276.5
2350.5
205.8
2473.6
84.6
188.3
-103.7
13.2
0.0
0.0

2736.4
1458.6
1277.8
2404.3
332.1
2498.4
243.9
296.8
-52.9
12.6
0.0
0.0

-10.5
9.9
-20.4

302.6
52.7
249.9

-63.6
17.1
-80.7

21.0
2.8
18.2

689.2
-116.9
806.1

-104.0
-65.5
-38.5

76.2
55.8

100.3
350.2

116.7
36.0

110.6
128.8

4.4
810.5

38.0
-0.5

38.4
86.1
40.4
206.5
1.5
136.6
276.9
97.3
69.8
2.0
6.5
36.5
5.3
4.5

53.7
86.7
29.6
297.4
3.8
17.4
28.6
319.8
92.8
40.1
2.9
3.9
12.3
6.9
15.0

53.8
77.3
27.0
348.9
1.7
-26.9
324.2
295.5
92.8
80.9
5.9
11.1
40.6
5.4
7.8

55.1
64.7
23.4
402.0
0.2
13.3
85.9
256.6
93.9
97.9
6.0
13.6
0.0
4.7
0.8

44.7
62.8
19.9
243.5
-3.6
-17.0
0.5
579.9
96.8
222.6
7.4
12.0
-12.7
6.3
-12.4

45.2
65.1
20.8
283.6
-1.8
63.0
-7600.0
535.6
91.3
121.7
10.8
17.1
-23.8
8.5
-6.9

0.0
0.8
1.2
0.8
10.4
173.5
-66.7
41.4
27.7

0.0
4.3
4.8
4.2
7.5
87.0
300.0
-24.9
32.0

0.0
0.0
1.4
2.3
1.4
10.4
123.6
-52.1
48.2
29.6

0.0
0.0
0.1
0.2
0.2
10.6
116.9
-91.3
5.6
25.7

0.0
0.0
-4.1
-7.2
-8.1
10.2
89.1
-3700.0
17.8
58.0

0.0
0.0
-1.9
-3.7
-4.5
5.1
92.4
-48.6
7.0
53.6

Al-Azhar Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

16

2004

2005

2006

2007

2008

2009

85.5
-52.1
33.4
0.0
0.0
361.8
361.8
395.2

85.5
-57.1
28.4
0.0
24.6
287.8
312.4
340.8

85.5
-57.1
28.4
0.0
24.6
287.8
312.4
340.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

85.5
-99.9
-14.4
0.0
0.0
326.2
326.2
311.8

4.5
4.5
0.0
32.5
80.6
117.6
130.1
491.9
-12.5
390.8
-125.6

5.5
5.5
0.0
30.1
49.2
84.8
127.8
440.2
-43.0
421.1
-122.3

5.5
5.5
0.0
30.1
49.2
84.8
127.8
440.2
-43.0
421.1
-122.3

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

1.9
1.9
0.0
110.6
2.0
114.5
201.7
527.9
-87.2
326.2
-199.8

712.8
407.7
40.5
525.3

726.6
383.8
27.7
468.6

726.6
383.8
27.7
468.6

431.0
398.9
32.1
513.4

431.0
398.9
32.1
513.4

431.0
398.9
32.1
513.4

650.7
564.1
86.6
634.2
16.5
640.8
10.4
34.5
-24.1
2.9
0.0
0.0

375.9
113.2
262.7
367.3
8.6
377.2
-0.1
25.0
-25.1
1.7
0.0
0.0

375.9
113.2
262.7
367.3
8.6
377.2
-0.1
25.0
-25.1
1.7
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

555.1
549.1
6.0
549.0
6.1
560.7
-5.6
23.9
-29.5
0.0
0.0
0.0

-40.1
-27.0
-13.1

-54.4
-26.8
-27.6

0.0
-26.8
26.8

-29.0
-29.5
0.5

0.0
-29.5
29.5

0.0
-29.5
29.5

13.5
0.4

0.9
-26.7

0.9
27.7

2.6
3.1

2.6
32.1

2.6
32.1

91.7
91.7
66.4
66.4
27.9
27.9
1550.0
1550.0
-5.4
-5.4
0.0
3.2
33.2
33.2
100.3
100.3
- -25000.0
6.7
6.7
5.9
5.9
-6.8
3.0
3.0
-88.4
-88.4

104.6
56.8
55.8
0.0
-5.7
101.7
83.9
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

104.6
56.8
55.8
0.0
-5.7
0.0
8.1
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

104.6
56.8
55.8
0.0
-5.7
0.0
8.1
-16.8
101.0
-426.8
4.3
7.3
0.0
11.6
0.0

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
20.7
47.7
-1.7

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
0.0
0.0
-1.7

0.0
0.0
-5.3
-3.5
-3.5
0.0
108.1
0.0
0.0
-1.7

91.5
90.4
28.4
1472.8
-4.6
3375.0
39.1
98.5
331.7
5.3
8.8
1.6
-72.2
0.0
-3.7
-2.8
-3.2
9.0
123.9
-31.7
33.3
3.9

0.0
-6.7
-2.9
-3.1
6.8
80.2
3.6
-42.2
3.3

0.0
0.0
-6.7
-2.9
-3.1
6.8
80.2
0.0
0.0
3.3

Al-Qadir Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

17

2004

2005

2006

2007

2008

2009

75.6
200.5
276.1
0.0
0.0
124.7
124.7
400.8

75.6
285.4
361.0
0.0
0.0
0.0
0.0
361.0

75.6
209.8
285.4
0.0
0.0
0.0
0.0
285.4

75.6
249.4
325.0
0.0
0.0
0.0
0.0
325.0

75.6
13.7
89.3
0.0
0.0
67.5
67.5
156.8

75.6
231.7
307.3
0.0
0.0
0.0
0.0
307.3

13.0
13.0
0.0
32.3
84.4
129.7
119.5
244.2
10.2
158.9
-106.5

5.2
5.2
0.0
73.3
118.7
197.2
254.4
254.4
-57.2
180.8
-249.2

8.1
8.1
0.0
32.7
188.2
229.0
345.5
345.5
-116.5
175.9
-337.4

7.6
7.6
0.0
70.1
103.4
181.1
259.5
259.5
-78.4
0.2
-251.9

6.0
6.0
0.0
24.3
182.5
212.8
454.9
522.4
-242.1
229.5
-448.9

7.3
7.3
0.0
27.8
163.2
198.3
271.3
271.3
-73.0
151.0
-264.0

792.8
390.6
23.3
520.3

820.0
418.3
19.6
615.5

433.3
401.9
0.6
630.9

460.3
403.4
27.8
584.5

482.2
399.0
27.6
611.8

490.3
380.3
25.7
578.6

946.4
592.0
354.4
901.0
45.4
917.7
29.0
24.6
4.4
4.3
0.0
0.0

747.4
455.4
292.0
663.1
84.3
692.4
87.6
16.2
71.4
3.5
0.0
0.0

876.6
502.9
373.7
790.8
85.8
819.5
58.5
24.4
34.1
5.5
0.0
0.0

861.1
405.1
456.0
783.5
77.6
824.6
39.3
23.9
15.4
6.8
0.0
0.0

828.5
603.4
225.1
788.9
39.6
806.7
17.2
28.4
-11.2
2.2
0.0
0.0

761.9
595.8
166.1
705.9
56.0
724.0
41.9
31.1
10.8
6.5
0.0
0.0

-16.9
0.1
-17.0

-39.8
67.9
-107.7

-75.6
28.6
-104.2

39.6
8.6
31.0

-168.2
-13.4
-154.8

150.5
4.3
146.2

23.4
6.4

87.5
-20.2

29.2
-75.0

36.4
67.4

14.2
-140.6

30.0
176.2

31.1
108.5
37.9
88.4
0.8
365.6
365.2
97.0
84.8
2.6
15.5
97.7
2.5
1.6

0.0
77.5
30.9
70.5
11.6
477.5
92.6
18.5
2.2
9.0
4.9
9.0
19.8

0.0
66.3
11.8
121.1
5.4
-37.8
-38.9
377.5
93.5
41.7
2.8
13.9
16.1
2.4
11.9

0.0
69.8
29.9
79.8
2.6
21.7
54.0
429.9
95.8
60.8
2.8
11950.0
44.2
1.7
4.7

43.0
46.8
6.7
585.0
-1.8
8.0
-10.1
118.1
97.4
165.1
3.4
12.4
-19.6
0.0
-12.5

0.0
73.1
12.9
88.3
1.9
2.9
17.0
406.5
95.0
74.2
4.1
20.6
60.2
0.4
3.5

0.0
0.5
0.6
0.0
5.7
181.9
500.0
20.1
36.5

0.0
9.6
9.4
9.0
5.0
121.4
1466.7
-21.0
47.8

0.0
0.0
3.9
4.5
3.8
0.1
138.9
-52.1
17.3
37.8

0.0
0.0
1.8
2.0
1.1
6.9
147.3
-55.6
-1.8
43.0

0.0
0.0
-1.4
-1.5
-1.8
6.8
135.4
-175.0
-3.8
11.8

0.0
0.0
1.4
1.4
0.6
6.4
131.7
-193.3
-8.0
40.6

Ali Asghar Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

18

2004

2005

2006

2007

2008

2009

191.5
-212.4
-20.9
0.0
0.0
73.5
73.5
52.6

191.5
215.1
406.6
0.0
0.0
92.8
92.8
499.4

191.5
347.2
538.7
0.0
0.0
210.5
210.5
749.2

191.5
237.2
428.7
0.0
0.0
295.0
295.0
723.7

222.1
197.0
419.1
0.0
0.0
326.8
326.8
745.9

222.1
1.4
223.5
0.0
0.0
265.5
265.5
489.0

13.3
13.3
0.0
77.3
145.2
235.8
374.7
448.2
-138.9
272.1
-361.4

1.5
1.5
0.0
179.6
155.4
336.5
476.1
568.9
-139.6
356.7
-474.6

1.2
1.2
0.0
180.0
135.3
316.5
439.1
649.6
-122.6
452.4
-437.9

10.1
10.1
0.0
214.9
135.5
360.5
519.0
814.0
-158.5
476.8
-508.9

1.5
1.5
0.0
183.8
185.0
370.3
488.7
815.5
-118.4
544.8
-487.2

0.6
0.6
0.0
159.8
110.2
270.6
610.7
876.2
-340.1
620.4
-610.1

301.2
191.5
12.5
427.3

756.7
639.0
10.7
975.5

978.3
871.9
13.1
1188.4

998.8
882.1
34.6
1242.6

1002.9
864.3
26.9
1234.6

1018.3
829.2
25.7
1099.8

462.5
458.8
3.7
416.5
46.0
431.8
32.1
33.3
-1.2
2.3
0.0
0.0

442.6
440.1
2.5
387.8
54.8
405.5
37.2
31.4
5.8
2.1
0.0
0.0

589.4
571.1
18.3
510.0
79.4
530.1
64.8
52.7
12.1
2.9
0.0
0.0

550.8
538.0
12.8
489.5
61.3
513.7
48.5
75.2
-26.7
2.8
0.0
0.0

485.8
481.0
4.8
433.7
52.1
462.7
31.4
69.2
-37.8
2.4
0.0
0.0

505.5
495.2
10.3
574.6
-69.1
600.1
-98.2
97.2
-195.4
0.1
0.0
0.0

101.1
-3.5
104.6

446.8
3.7
443.1

249.8
9.2
240.6

-25.5
-29.5
4.0

22.2
-40.2
62.4

-256.9
-195.5
-61.4

9.0
113.6

14.4
457.5

22.3
262.9

5.1
9.1

-13.3
49.1

-169.8
-231.2

139.7
62.9
24.2
-0.3
-3.5
7.9
-10.9
93.4
103.7
7.2
12.2
6.5
-

18.6
70.7
38.0
139.9
0.6
0.8
3.1
212.3
91.6
84.4
7.1
8.8
36.2
25.1
1.4

28.1
72.1
41.3
120.6
1.0
3.7
8.5
281.3
89.9
81.3
8.9
11.6
24.0
21.7
2.2

40.8
69.5
43.4
189.9
-2.1
115.7
56.0
223.9
93.3
155.1
13.7
15.8
-10.5
28.1
-6.2

43.8
75.8
37.9
194.6
-3.1
-181.1
-27.1
188.7
95.2
220.4
14.2
12.7
-6.3
0.0
-9.0

54.3
44.3
26.3
392.0
-17.8
76.1
73.4
100.6
118.7
-99.0
19.2
15.7
-0.1
20.4
-87.4

-0.3
-0.1
-0.2
9.7
108.2
-92.3
26.2
-1.1

0.0
1.3
0.3
0.2
5.6
45.4
-400.0
-4.3
21.2

0.0
0.0
2.1
0.6
0.5
2.1
49.6
100.0
33.2
28.1

0.0
0.0
-4.8
-1.4
-1.5
4.0
44.3
-333.3
-6.5
22.4

0.0
0.0
-7.8
-1.7
-1.8
3.0
39.3
21.4
-11.8
18.9

0.0
0.0
-38.7
-8.8
-8.8
3.0
46.0
417.6
4.1
10.1

Allawasaya Textile & Finishing Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

19

2004

2005

2006

2007

2008

2009

8.0
115.7
123.7
0.0
0.0
0.0
0.0
123.7

8.0
129.3
137.3
0.0
0.0
0.0
0.0
137.3

8.0
116.8
124.8
0.0
0.0
0.0
0.0
124.8

8.0
115.9
123.9
0.0
0.0
0.0
0.0
123.9

8.0
75.9
83.9
0.0
0.0
84.4
84.4
168.3

8.0
115.0
123.0
0.0
0.0
89.6
89.6
212.6

12.6
10.9
1.7
38.9
71.2
122.7
84.9
84.9
37.8
60.8
-72.3

4.6
2.9
1.7
77.2
41.6
123.4
85.5
85.5
37.9
45.0
-80.9

7.0
5.3
1.7
76.0
126.7
209.7
187.7
187.7
22.0
131.5
-180.7

9.5
7.2
2.3
72.1
95.8
177.4
152.2
152.2
25.2
86.6
-142.7

5.4
3.1
2.3
82.9
255.6
343.9
384.4
468.8
-40.5
413.8
-379.0

6.2
3.9
2.3
116.2
184.2
306.6
357.9
447.5
-51.3
378.6
-351.7

255.9
85.8
9.9
208.5

278.0
99.3
8.6
222.7

292.3
102.8
12.4
312.5

297.8
98.8
11.4
276.2

407.8
209.0
11.7
552.9

500.0
264.0
26.8
570.6

864.0
864.0
0.0
822.9
41.1
835.3
30.3
3.5
26.8
0.0
1.0
0.0

684.7
684.7
0.0
643.8
40.9
658.0
27.4
4.7
22.7
7.4
1.0
3.0

790.8
790.8
0.0
751.1
39.7
772.2
19.5
11.9
7.6
4.0
3.0
0.0

827.4
827.4
0.0
792.1
35.3
810.7
17.3
10.8
6.5
4.1
0.0
0.0

865.7
865.7
0.0
848.2
17.5
871.0
-4.8
26.2
-31.0
4.3
0.0
0.0

1067.0
1067.0
0.0
1013.5
53.5
1037.9
29.4
68.8
-39.4
0.0
0.0
0.0

14.1
25.8
-11.7

13.6
14.3
-0.7

-12.5
0.6
-13.1

-0.9
2.4
-3.3

44.4
-35.3
79.7

44.3
-39.4
83.7

35.7
24.0

22.9
22.2

13.0
-0.1

13.8
10.5

-23.6
56.1

-12.6
71.1

0.0
144.5
60.7
68.6
12.9
183.0
148.8
1546.3
96.7
11.6
0.4
5.8
0.0
3.4
21.7

0.0
0.0
144.3
111.7
95.7
44.2
62.3
150.4
10.2
2.4
105.1
-4.8
103.2 -13000.0
1716.3
1560.0
96.1
97.6
17.2
61.0
0.7
1.5
10.4
9.0
32.6
52.6
7.2
6.7
16.5
6.1

0.0
116.6
53.6
122.8
2.4
-266.7
131.4
1548.8
98.0
62.4
1.3
12.5
63.1
6.3
5.2

50.1
89.5
23.0
558.8
-5.6
-79.5
-42.1
1048.8
100.6
-545.8
3.0
6.3
-13.9
5.7
-36.9

42.1
85.7
34.2
363.8
-6.9
-88.9
-17.7
1537.5
97.3
234.0
6.4
18.2
0.0
8.8
-32.0

2680.0
0.8
3.1
33.5
33.5
10.4
414.4
520.4
21.0
154.6

1530.0
0.7
3.3
28.4
19.1
10.0
307.5
-15.2
-20.8
171.6

0.0
0.0
0.8
8.1
3.0
11.1
299.6
-14.7
4.6
154.9

0.0
0.0
-3.6
-38.8
-44.1
11.8
156.6
-579.0
4.6
104.9

0.0
0.0
-3.7
-49.3
-49.3
12.8
187.0
27.1
23.3
153.8

120.0
2.4
1.0
9.5
4.5
12.5
253.1
-66.5
15.5
156.0

Amin Spinning Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

20

2004

2005

2006

2007

2008

2009

51.8
-359.6
-307.8
0.0
0.0
381.1
381.1
73.3

51.8
-382.1
-330.3
0.0
0.0
75.4
75.4
-254.9

51.8
-134.0
-82.2
0.0
0.0
100.5
100.5
18.3

51.8
-156.5
-104.7
0.0
0.0
100.5
100.5
-4.2

51.8
-167.9
-116.1
0.0
0.0
113.2
113.2
-2.9

51.8
-167.9
-116.1
0.0
0.0
113.2
113.2
-2.9

0.5
0.5
0.0
10.0
12.6
23.1
68.1
449.2
-45.0
389.5
-67.6

0.7
0.7
0.0
5.7
16.4
22.8
413.3
488.7
-390.5
100.5
-412.6

0.1
0.1
0.0
8.8
16.8
25.7
129.2
229.7
-103.5
100.5
-129.1

0.3
0.3
0.0
12.2
18.5
31.0
149.4
249.9
-118.4
100.5
-149.1

0.4
0.4
0.0
11.7
14.4
26.5
133.5
246.7
-107.0
113.2
-133.1

0.4
0.4
0.0
11.7
14.4
26.5
133.5
246.7
-107.0
113.2
-133.1

249.5
118.2
13.1
141.3

277.0
135.6
10.1
158.4

271.6
121.6
13.7
147.3

276.2
114.1
12.2
145.1

277.5
103.9
11.5
130.4

277.5
103.9
11.5
130.4

221.9
221.9
0.0
243.9
-22.0
252.3
201.9
2.8
199.1
1.1
0.0
0.0

141.2
141.2
0.0
152.5
-11.3
160.4
-18.6
3.4
-22.0
0.6
0.0
0.0

278.2
278.2
0.0
275.9
2.3
293.8
249.5
0.1
249.4
1.4
0.0
0.0

306.0
306.0
0.0
294.0
12.0
313.1
-6.7
0.1
-6.8
1.5
0.0
0.0

330.8
330.8
0.0
325.1
5.7
342.6
-11.6
0.2
-11.8
1.7
0.0
0.0

330.8
330.8
0.0
325.1
5.7
342.6
-11.6
0.2
-11.8
1.7
0.0
0.0

457.0
198.0
259.0

-328.2
-22.6
-305.6

273.2
248.0
25.2

-22.5
-8.3
-14.2

1.3
-13.5
14.8

0.0
-13.5
13.5

211.1
470.1

-12.5
-318.1

261.7
286.9

3.9
-10.3

-2.0
12.8

-2.0
11.5

519.9
33.9
15.4
140.9
43.3
44.9
-594.2
113.7
1.4
1.3
0.7
0.6
7.3
-

5.5
1.5
-13.9
-637.6
113.6
2.4
3.4
2.5
-

549.2
19.9
6.9
0.0
169.3
90.8
91.2
-158.7
105.6
0.0
0.0
0.1
0.6
0.3
0.0

0.0
20.7
8.4
0.0
-4.7
36.9
-37.9
-202.1
102.3
-1.5
0.0
0.1
-22.1
1.1
0.0

0.0
19.9
9.1
0.0
-9.0
-1038.5
-15.6
-224.1
103.6
-1.7
0.1
0.2
-14.4
0.6
0.0

0.0
19.9
9.1
0.0
-9.0
0.0
-17.4
-224.1
103.6
-1.7
0.1
0.2
-14.4
0.6
0.0

89.7
38.4
38.2
10.0
157.0
-425.4
12.5
-59.4

-15.6
-4.2
-4.4
8.5
89.1
-110.9
-36.4
-63.8

0.0
0.0
89.6
48.1
47.9
10.1
188.9
-1245.2
97.0
-15.9

0.0
0.0
-2.2
-1.3
-1.6
10.0
210.9
-102.7
10.0
-20.2

0.0
0.0
-3.6
-2.3
-2.6
10.1
253.7
76.9
8.1
-22.4

0.0
0.0
-3.6
-2.3
-2.6
10.1
253.7
0.0
0.0
-22.4

Annoor Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

21

2004

2005

2006

2007

2008

2009

8.7
-11.0
-2.3
0.0
0.0
5.2
5.2
2.9

8.7
-12.1
-3.4
0.0
0.0
2.9
2.9
-0.5

8.7
-12.1
-3.4
0.0
0.0
2.9
2.9
-0.5

8.7
-31.2
-22.5
0.0
0.0
5.5
5.5
-17.0

8.7
-33.6
-24.9
0.0
0.0
18.9
18.9
-6.0

8.7
-30.6
-21.9
0.0
0.0
0.0
0.0
-21.9

0.4
0.4
0.0
10.1
0.0
10.5
26.5
31.7
-16.0
8.2
-26.1

0.2
0.2
0.0
17.7
12.3
30.2
58.5
61.4
-28.3
6.9
-58.3

0.2
0.2
0.0
17.7
12.3
30.2
58.5
61.4
-28.3
6.9
-58.3

0.2
0.2
0.0
16.2
0.0
16.4
55.9
61.4
-39.5
5.5
-55.7

0.2
0.2
0.0
16.2
0.0
16.4
42.6
61.5
-26.2
18.9
-42.4

0.2
0.2
0.0
16.6
0.0
16.8
56.9
56.9
-40.1
0.0
-56.7

28.8
21.8
0.1
31.9

36.9
27.7
2.2
57.9

36.9
27.7
2.2
57.9

36.9
22.4
2.5
38.8

36.9
20.2
2.2
36.6

36.9
18.2
2.0
35.0

0.0
0.0
0.0
0.0
0.0
8.7
2.6
0.0
-8.7
0.0
0.0
0.0

27.6
27.6
0.0
28.0
-0.4
28.6
-1.0
0.0
-1.0
0.1
0.0
0.0

27.6
27.6
0.0
28.0
-0.4
28.6
-1.0
0.0
-1.0
0.1
0.0
0.0

0.0
0.0
0.0
2.5
-2.5
2.8
-2.8
0.0
-2.8
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.1
-0.1
0.0
-0.1
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.5
-2.5
0.0
-2.5
0.0
0.0
0.0

0.0
11.3
-11.3

-3.4
-1.1
-2.3

0.0
-1.1
1.1

-16.5
-2.8
-13.7

11.0
-0.1
11.1

-15.9
-2.5
-13.4

11.4
0.1

1.1
-1.2

1.1
2.2

-0.3
-14.0

2.1
13.2

-0.5
-13.9

179.3
0.0
0.0
8.2
11400.0
-26.4
0.0
27.4
-

51.6
30.6
-1.7
-39.1
103.6
0.0
0.0
29.7
-

0.0
51.6
30.6
0.0
-1.7
0.0
50.0
-39.1
103.6
0.0
0.0
0.0
-10.0
29.7
0.0

0.0
29.3
29.3
0.0
-7.2
17.0
2.1
-258.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
38.5
38.5
0.0
-0.3
-0.9
15.9
-286.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.0
29.5
29.5
0.0
-7.1
15.7
3.6
-251.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.3
0.3
4.0
0.0
0.0
-2.6

-3.6
-1.1
-1.3
10.1
47.7
-84.3
-3.9

0.0
0.0
-3.6
-1.1
-1.3
10.1
47.7
0.0
0.0
-3.9

0.0
0.0
0.0
-3.2
-3.2
10.0
0.0
190.9
-100.0
-25.9

0.0
0.0
0.0
-0.1
-0.1
9.8
0.0
-96.9
-28.6

0.0
0.0
0.0
-2.9
-2.9
9.9
0.0
2800.0
-25.2

Apollo Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

22

2004

2005

2006

2007

2008

2009

82.8
173.8
256.6
0.0
0.0
457.1
457.1
713.7

82.8
792.7
875.5
0.0
0.0
934.4
934.4
1809.9

82.8
581.7
664.5
0.0
0.0
786.5
786.5
1451.0

82.8
576.0
658.8
0.0
0.0
680.0
680.0
1338.8

82.8
628.9
711.7
0.0
0.0
363.3
363.3
1075.0

82.8
570.3
653.1
0.0
0.0
465.8
465.8
1118.9

73.7
68.9
4.8
459.7
228.2
761.6
755.5
1212.6
6.1
1039.8
-681.8

23.2
22.3
0.9
347.6
502.6
873.4
867.3
1801.7
6.1
1682.3
-844.1

90.4
90.4
0.0
414.7
532.8
1037.9
1339.8
2126.3
-301.9
1646.5
-1249.4

8.2
8.2
0.0
523.0
676.5
1207.7
1512.0
2192.0
-304.3
1715.3
-1503.8

15.6
9.9
5.7
286.9
1201.7
1504.2
1990.4
2353.7
-486.2
1754.6
-1974.8

12.1
12.1
0.0
222.6
1430.6
1665.3
1984.2
2450.0
-318.9
1904.0
-1972.1

985.2
707.6
53.7
1469.2

1833.7
1803.8
43.0
2677.2

1886.9
1752.9
128.8
2790.8

1765.0
1643.1
134.4
2850.8

1918.3
1561.3
126.4
3065.5

1922.9
1437.8
129.2
3103.1

1343.2
642.8
700.4
1244.1
99.1
1277.6
65.6
51.9
13.7
10.8
0.0
0.0

1089.0
312.7
776.3
935.5
153.5
1002.8
86.8
58.7
28.1
11.1
0.0
0.0

1783.7
504.3
1279.4
1527.3
256.4
1615.8
173.3
144.4
28.9
18.3
0.0
0.0

1864.6
413.0
1451.6
1521.3
343.3
1612.5
253.2
251.5
1.7
23.8
0.0
0.0

1137.6
524.6
613.0
899.3
238.3
957.4
184.9
228.2
-43.3
8.7
0.0
0.0

821.1
735.1
86.0
758.7
62.4
818.8
9.3
57.8
-48.5
1.5
0.0
0.0

252.7
2.9
249.8

1096.2
17.0
1079.2

-358.9
10.6
-369.5

-112.2
-22.1
-90.1

-263.8
-52.0
-211.8

43.9
-50.0
93.9

56.6
306.4

60.0
1139.2

139.4
-230.1

112.3
22.2

74.4
-137.4

79.2
173.1

64.0
100.8
70.6
472.6
0.9
1.1
18.5
309.9
95.1
79.1
3.9
5.0
78.8
17.1
5.3

51.6
100.7
42.8
205.8
1.0
1.6
5.3
1057.4
92.1
67.6
5.4
3.5
39.5
15.4
3.2

54.2
77.5
37.7
320.0
1.0
-3.0
-60.6
802.5
90.6
83.3
8.1
8.8
63.3
11.4
4.3

50.8
79.9
35.1
332.7
0.1
19.7
505.9
795.7
86.5
99.3
13.5
14.7
1400.0
13.4
0.3

33.8
75.6
15.2
330.7
-1.4
19.7
-54.1
859.5
84.2
123.4
20.1
13.0
-20.1
10.6
-6.1

41.6
83.9
11.8
375.1
-1.6
-113.9
45.8
788.8
99.7
621.5
7.0
3.0
-3.1
6.4
-7.4

0.0
1.0
1.7
0.4
10.3
91.4
-5.6
29.0
31.0

0.0
2.6
3.4
2.1
6.1
40.7
100.0
-18.9
105.7

0.0
0.0
1.6
3.5
1.3
7.1
63.9
2.9
63.8
80.3

0.0
0.0
0.1
0.2
-2.7
7.7
65.4
-94.3
4.5
79.6

0.0
0.0
-3.8
-5.2
-6.3
7.7
37.1
-2700.0
-39.0
86.0

0.0
0.0
-5.9
-5.9
-6.0
8.3
26.5
13.5
-27.8
78.9

Artistic Denim Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

23

2004

2005

2006

2007

2008

2009

140.0
606.4
746.4
0.0
0.0
75.0
75.0
821.4

140.0
1229.1
1369.1
0.0
0.0
625.0
625.0
1994.1

140.0
1589.5
1729.5
0.0
0.0
1044.4
1044.4
2773.9

700.0
1423.3
2123.3
0.0
0.0
881.0
881.0
3004.3

840.0
1632.8
2472.8
0.0
0.0
842.4
842.4
3315.2

840.0
1841.3
2681.3
0.0
0.0
471.4
471.4
3152.7

42.1
42.1
0.0
320.3
296.1
658.5
601.0
676.0
57.5
355.0
-558.9

22.9
22.9
0.0
309.2
295.5
627.6
704.9
1329.9
-77.3
1116.9
-682.0

275.9
275.9
0.0
248.2
355.1
879.2
813.9
1858.3
65.3
1731.1
-538.0

9.9
9.9
0.0
514.0
567.7
1091.6
1202.4
2083.4
-110.8
1816.1
-1192.5

67.3
67.3
0.0
458.2
796.6
1322.1
1267.6
2110.0
54.5
1888.9
-1200.3

19.7
7.5
12.2
551.9
654.6
1226.2
1499.1
1970.5
-272.9
491.1
-1479.4

1254.2
763.9
82.0
1422.4

2643.6
2071.3
82.1
2698.9

3477.0
2708.6
200.0
3587.8

3582.6
3115.0
185.4
4206.6

4328.4
3260.8
172.0
4582.9

4692.8
3425.6
199.9
4651.8

1843.7
63.6
1780.1
1516.5
327.2
1614.5
237.3
19.8
217.5
18.5
56.0
0.0

3202.7
22.2
3180.5
2346.2
856.5
2515.4
707.0
55.2
651.8
32.1
56.0
0.0

2491.5
28.5
2463.0
1746.5
745.0
1882.6
617.1
116.5
500.6
29.5
112.0
0.0

2499.5
56.8
2442.7
1758.0
741.5
1903.1
610.5
172.1
438.4
30.0
0.0
0.0

2461.8
102.0
2359.8
1823.9
637.9
1969.5
538.8
165.2
373.6
24.7
0.0
140.0

3125.4
123.8
3001.6
2427.4
698.0
2604.0
596.6
186.3
410.3
32.5
168.0
0.0

178.7
143.0
35.7

1172.7
563.7
609.0

779.8
359.1
420.7

230.4
408.4
-178.0

310.9
348.9
-38.0

-162.5
209.8
-372.3

225.0
260.7

645.8
1254.8

559.1
979.8

593.8
415.8

520.9
482.9

409.7
37.4

9.1
109.6
60.3
90.6
15.3
80.0
86.3
533.1
87.6
8.3
1.1
5.6
8.5
11.4
29.1

31.3
89.0
47.1
97.1
24.2
48.1
51.5
977.9
78.5
7.8
1.7
4.9
4.9
6.4
47.6

37.7
108.0
64.4
107.4
14.0
46.1
57.1
1235.4
75.6
18.9
4.7
6.7
5.9
8.0
28.9

29.3
90.8
43.6
98.1
10.4
177.3
142.8
303.3
76.1
28.2
6.9
9.5
6.8
17.0
20.6

25.4
104.3
41.5
85.3
8.2
112.2
107.9
294.4
80.0
30.7
6.7
8.7
6.6
15.0
15.1

15.0
81.8
38.1
73.5
8.8
-129.1
1095.5
319.2
83.3
31.2
6.0
37.9
7.9
13.3
15.3

355.4
7.5
11.8
15.5
14.2
10.2
129.6
20.2
36.5
53.3

1106.6
4.1
20.4
46.6
44.3
10.7
118.7
200.6
73.7
97.8

420.6
6.5
20.1
35.8
33.7
9.7
69.4
-23.2
-22.2
123.5

0.0
0.0
17.5
6.3
5.8
6.8
59.4
-82.4
0.3
30.3

0.0
0.0
15.2
4.4
4.2
5.5
53.7
-30.2
-1.5
29.4

224.9
6.3
13.1
4.9
4.5
6.1
67.2
11.4
27.0
31.9

Aruj Garment Accessories Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

24

2004

2005

2006

2007

2008

2009

27.5
11.2
38.7
0.0
0.0
4.8
4.8
43.5

61.5
13.7
75.2
0.0
0.0
2.0
2.0
77.2

61.5
20.3
81.8
0.0
0.0
4.4
4.4
86.2

61.5
29.7
91.2
0.0
0.0
5.9
5.9
97.1

61.5
30.3
91.8
0.0
0.0
31.1
31.1
122.9

61.5
24.1
85.6
0.0
0.0
14.5
14.5
100.1

1.7
1.7
0.0
12.3
15.8
29.8
47.6
52.4
-17.8
12.3
-45.9

5.6
5.6
0.0
16.6
28.8
51.0
55.5
57.5
-4.5
14.6
-49.9

3.3
3.3
0.0
27.1
44.8
75.2
73.6
78.0
1.6
20.9
-70.3

6.7
6.7
0.0
28.8
65.6
101.1
92.8
98.7
8.3
37.0
-86.1

6.3
6.3
0.0
25.2
61.7
93.2
90.1
121.2
3.1
66.9
-83.8

14.3
14.3
0.0
38.7
66.8
119.8
132.6
147.1
-12.8
54.0
-118.3

115.4
61.3
5.9
91.1

141.0
81.8
5.4
132.8

151.1
84.7
7.3
159.9

161.9
88.7
8.2
189.8

201.8
119.9
8.7
213.1

200.3
112.9
11.2
232.7

80.5
62.5
18.0
71.9
8.6
76.4
4.2
2.2
2.0
0.9
0.0
0.0

84.8
71.1
13.7
75.7
9.1
80.5
4.5
1.4
3.1
0.4
0.0
0.0

193.6
171.6
22.0
166.8
26.8
174.3
19.3
1.9
17.4
3.4
0.0
0.0

231.2
205.9
25.3
202.3
28.9
210.9
21.0
4.7
16.3
4.1
0.0
0.0

263.4
56.3
207.1
236.0
27.4
244.4
19.0
6.9
12.1
1.3
0.0
0.0

298.9
220.1
78.8
268.0
30.9
280.0
21.0
12.4
8.6
0.8
9.2
0.0

-4.1
1.1
-5.2

33.7
2.7
31.0

9.0
14.0
-5.0

10.9
12.2
-1.3

25.8
10.8
15.0

-22.8
-1.4
-21.4

7.0
1.8

8.1
39.1

21.3
16.3

20.4
19.1

19.5
34.5

9.8
-11.6

11.0
62.6
29.4
135.4
2.2
388.9
140.7
94.9
52.4
2.7
17.9
45.0
4.8
5.2

2.6
91.9
40.0
76.5
2.3
8.0
20.7
122.3
94.9
31.1
1.7
9.6
12.9
5.1
4.1

5.1
102.2
41.3
95.4
10.9
155.6
130.7
133.0
90.0
9.8
1.0
9.1
19.5
1.6
21.3

6.1
108.9
38.3
108.2
8.6
111.9
106.8
148.3
91.2
22.4
2.0
12.7
25.2
2.0
17.9

25.3
103.4
35.0
132.0
5.7
41.9
56.5
149.3
92.8
36.3
2.6
10.3
10.7
0.5
13.2

14.5
90.3
40.0
171.8
3.7
6.1
-84.5
139.2
93.7
59.0
4.1
23.0
9.3
1.4
10.0

0.0
2.5
0.7
0.4
8.8
88.4
-153.8
72.0
14.1

0.0
3.7
0.5
0.4
8.8
63.9
-28.6
5.3
12.2

0.0
0.0
9.0
2.8
2.3
8.9
121.1
460.0
128.3
13.3

0.0
0.0
7.1
2.7
2.0
9.7
121.8
-3.6
19.4
14.8

0.0
0.0
4.6
2.0
1.8
9.8
123.6
-25.9
13.9
14.9

84.8
10.7
2.9
1.4
1.3
9.3
128.4
-30.0
13.5
13.9

Ashfaq Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

25

2004

2005

2006

2007

2008

2009

70.0
11.0
81.0
0.0
0.0
33.6
33.6
114.6

70.0
26.4
96.4
0.0
0.0
79.3
79.3
175.7

70.0
34.3
104.3
0.0
0.0
56.6
56.6
160.9

70.0
30.9
100.9
0.0
0.0
22.1
22.1
123.0

70.0
85.0
155.0
0.0
0.0
5.6
5.6
160.6

70.0
95.3
165.3
0.0
0.0
0.0
0.0
165.3

6.6
6.6
0.0
76.9
94.8
178.3
228.7
262.3
-50.4
145.1
-222.1

4.0
4.0
0.0
107.1
127.2
238.3
341.3
420.6
-103.0
248.2
-337.3

29.4
29.4
0.0
96.4
138.5
264.3
411.0
467.6
-146.7
288.3
-381.6

21.4
21.4
0.0
92.6
138.6
252.6
476.7
498.8
-224.1
235.7
-455.3

2.7
2.7
0.0
95.7
156.6
255.0
436.4
442.0
-181.4
215.8
-433.7

3.5
3.5
0.0
70.6
141.0
215.1
381.0
381.0
-165.9
207.3
-377.5

225.2
165.1
6.1
343.4

347.3
278.6
9.7
516.9

388.8
307.6
12.6
571.9

353.6
347.1
14.5
599.7

362.7
342.1
15.0
597.1

366.6
331.2
14.7
546.3

449.2
33.7
415.5
388.7
60.5
425.7
23.3
10.9
12.4
4.4
0.0
0.0

757.8
18.6
739.2
663.2
94.6
720.4
37.4
15.4
22.0
7.2
0.0
0.0

876.7
13.7
863.0
761.5
115.2
827.5
49.2
27.4
21.8
10.3
0.0
0.0

595.7
18.4
577.3
510.2
85.5
554.8
40.9
26.6
14.3
7.4
0.0
0.0

485.7
19.2
466.5
410.9
74.8
448.9
37.3
27.8
9.5
4.6
0.0
0.0

680.4
33.4
647.0
585.0
95.4
635.0
45.4
27.6
17.8
7.1
0.0
0.0

16.9
8.0
8.9

61.1
14.8
46.3

-14.8
11.5
-26.3

-37.9
6.9
-44.8

37.6
4.9
32.7

4.7
10.7
-6.0

14.1
23.0

24.5
70.8

24.1
-2.2

21.4
-23.4

19.9
52.6

25.4
19.4

29.3
78.0
36.5
323.8
3.6
47.3
61.3
115.7
94.8
46.8
2.4
7.5
35.5
5.4
15.3

45.1
69.8
32.6
436.3
4.3
24.2
34.6
137.7
95.1
41.2
2.0
6.2
32.7
6.5
22.8

35.2
64.3
30.6
448.3
3.8
-77.7
-1095.5
149.0
94.4
55.7
3.1
9.5
47.2
6.4
20.9

18.0
53.0
23.9
494.4
2.4
-18.2
-91.5
144.1
93.1
65.0
4.5
11.3
51.7
9.6
14.2

3.5
58.4
22.5
285.2
1.6
13.0
37.8
221.4
92.4
74.5
5.7
12.9
48.4
14.9
6.1

0.0
56.5
19.4
230.5
3.3
227.7
130.9
236.1
93.3
60.8
4.1
13.3
39.9
6.2
10.8

0.0
2.8
1.8
1.1
4.5
130.8
38.5
44.6
11.6

0.0
2.9
3.1
2.1
5.9
146.6
72.2
68.7
13.8

0.0
0.0
2.5
3.1
1.6
4.5
153.3
0.0
15.7
14.9

0.0
0.0
2.4
2.0
1.0
4.7
99.3
-35.5
-32.1
14.4

0.0
0.0
2.0
1.4
0.7
4.3
81.3
-30.0
-18.5
22.1

0.0
0.0
2.6
2.5
1.5
4.3
124.5
78.6
40.1
23.6

Asim Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

26

2004

2005

2006

2007

2008

2009

151.8
-216.5
-64.7
0.0
0.0
415.0
415.0
350.3

151.8
-256.5
-104.7
0.0
0.0
415.0
415.0
310.3

151.8
-370.4
-218.6
0.0
0.0
415.0
415.0
196.4

151.8
-371.3
-219.5
0.0
0.0
504.7
504.7
285.2

151.8
-367.4
-215.6
0.0
0.0
415.0
415.0
199.4

151.8
-397.3
-245.5
0.0
0.0
415.0
415.0
169.5

3.7
3.7
0.0
19.5
31.8
55.0
168.7
583.7
-113.7
417.5
-165.0

16.4
16.4
0.0
22.3
33.6
72.3
213.0
628.0
-140.7
415.0
-196.6

2.6
2.6
0.0
26.1
60.9
89.6
330.0
745.0
-240.4
417.5
-327.4

9.8
9.8
0.0
28.0
46.5
84.3
222.1
726.8
-137.8
504.7
-212.3

141.8
141.8
0.0
3.0
90.8
235.6
333.6
748.6
-98.0
417.5
-191.8

46.7
46.7
0.0
23.3
19.6
89.6
310.2
725.2
-220.6
415.0
-263.5

574.2
464.1
24.6
519.1

576.8
450.9
17.5
523.2

585.4
436.8
22.6
526.4

593.6
423.0
22.0
507.3

594.7
297.5
21.3
533.1

602.2
390.1
20.2
479.7

497.3
493.2
4.1
491.8
5.5
500.5
-3.1
32.5
-35.6
2.0
0.0
0.0

285.5
275.1
10.4
298.5
-13.0
304.3
-18.7
20.8
-39.5
1.4
0.0
0.0

515.3
502.5
12.8
500.1
15.2
510.1
5.2
23.1
-17.9
2.6
0.0
0.0

536.3
513.2
23.1
529.1
7.2
538.9
-2.6
0.1
-2.7
2.7
0.0
0.0

630.0
630.0
0.0
620.1
9.9
627.6
2.4
0.0
2.4
3.2
0.0
0.0

650.4
650.4
0.0
677.7
-27.3
685.6
-33.7
0.0
-33.7
0.0
0.0
0.0

-38.7
-37.6
-1.1

-40.0
-40.9
0.9

-113.9
-20.5
-93.4

88.8
-5.4
94.2

-85.8
-0.8
-85.0

-29.9
-33.7
3.8

-13.0
-14.1

-23.4
-22.5

2.1
-91.3

16.6
110.8

20.5
-64.5

-13.5
-9.7

118.5
32.6
13.8
-6.9
-42.6
100.6
6.5
7.8
0.5
-

133.7
33.9
18.2
-7.5
-69.0
106.6
7.3
5.0
0.2
-

211.3
27.2
8.7
0.0
-3.4
18.0
-2.3
-144.0
99.0
444.2
4.5
5.5
-14.5
0.0
0.0

177.0
38.0
17.0
0.0
-0.5
-6.1
15.0
-144.6
100.5
-3.8
0.0
0.0
-100.0
0.0
0.0

208.1
70.6
43.4
0.0
0.5
0.9
-31.8
-142.0
99.6
0.0
0.0
0.0
133.3
0.0
0.0

244.8
28.9
22.6
0.0
-7.0
112.7
139.2
-161.7
105.4
0.0
0.0
0.0
0.0
0.0
0.0

-7.2
-2.3
-2.5
5.1
95.8
-32.4
23.0
-4.3

-13.8
-2.6
-2.7
3.8
54.6
13.0
-42.6
-6.9

0.0
0.0
-3.5
-1.2
-1.4
5.0
97.9
-53.8
80.5
-14.4

0.0
0.0
-0.5
-0.2
-0.4
5.0
105.7
-83.3
4.1
-14.5

0.0
0.0
0.4
0.2
-0.1
5.0
118.2
-200.0
17.5
-14.2

0.0
0.0
-5.2
-2.2
-2.2
5.0
135.6
-1200.0
3.2
-16.2

Ayesha Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

27

2004

2005

2006

2007

2008

2009

14.0
318.3
332.3
0.0
18.1
190.2
208.3
540.6

14.0
348.0
362.0
0.0
0.0
142.9
142.9
504.9

14.0
1386.5
1400.5
0.0
0.0
199.4
199.4
1599.9

14.0
1158.4
1172.4
0.0
0.0
492.2
492.2
1664.6

14.0
1088.6
1102.6
0.0
0.0
452.2
452.2
1554.8

14.0
1378.2
1392.2
0.0
0.0
425.7
425.7
1817.9

31.7
28.2
3.5
195.7
303.9
531.3
530.6
738.9
0.7
509.4
-498.9

30.0
26.5
3.5
167.8
271.3
469.1
531.7
674.6
-62.6
516.9
-501.7

55.8
52.3
3.5
299.8
218.7
574.3
679.7
879.1
-105.4
523.4
-623.9

28.2
6.8
21.4
275.7
262.9
566.8
685.3
1177.5
-118.5
811.8
-657.1

37.8
21.5
16.3
334.3
355.6
727.7
946.1
1398.3
-218.4
895.4
-908.3

40.2
7.4
32.8
268.7
284.9
593.8
1137.7
1563.4
-543.9
978.1
-1097.5

1024.5
539.8
54.9
1071.1

1094.1
567.6
42.3
1036.7

1724.7
1705.4
66.8
2279.7

1925.2
1783.2
133.4
2350.0

1967.8
1773.4
69.6
2501.1

2388.5
2361.7
68.1
2955.5

2360.5
1981.4
379.1
2241.9
118.6
2268.4
92.2
43.5
48.7
13.7
0.0
0.0

1298.3
1156.4
141.9
1200.7
97.6
1223.0
75.5
36.8
38.7
7.5
0.0
0.0

1920.8
1508.0
412.8
1804.3
116.5
1842.8
78.1
64.4
13.7
9.4
0.0
0.0

2117.1
1725.4
391.7
2076.9
40.2
2111.4
17.8
78.1
-60.3
10.4
0.0
0.0

2119.1
1870.0
249.1
2066.3
52.8
2106.6
7.8
73.6
-65.8
10.5
0.0
0.0

1865.4
1649.2
216.2
1864.6
0.8
1945.4
-92.9
118.9
-211.8
2.2
0.0
0.0

94.8
35.0
59.8

-35.7
31.2
-66.9

1095.0
4.3
1090.7

64.7
-70.7
135.4

-109.8
-76.3
-33.5

263.1
-214.0
477.1

89.9
149.7

73.5
6.6

71.1
1161.8

62.7
198.1

-6.7
-40.2

-145.9
331.2

38.5
100.1
42.9
222.4
4.5
36.9
60.1
2373.6
96.1
47.2
1.8
8.5
28.1
6.2
14.7

28.3
88.2
37.2
186.4
3.7
1113.6
2585.7
94.2
48.7
2.8
7.1
19.4
7.4
10.7

12.5
84.5
52.3
62.8
0.6
0.4
6.1
10003.6
95.9
82.5
3.4
12.3
68.6
4.8
1.0

29.6
82.7
44.3
100.4
-2.6
-109.3
31.7
8374.3
99.7
438.8
3.7
9.6
-17.2
4.4
-5.1

29.1
76.9
39.3
126.8
-2.6
69.5
16.7
7875.7
99.4
943.6
3.5
8.2
-16.0
7.7
-6.0

23.4
52.2
27.2
112.3
-7.2
-81.3
-44.1
9944.3
104.3
-128.0
6.4
12.2
-1.0
4.5
-15.2

0.0
2.1
34.8
25.0
10.5
220.4
84.1
42.7
237.4

0.0
3.0
27.6
22.3
7.8
125.2
-20.7
-45.0
258.6

0.0
0.0
0.7
9.8
3.1
11.8
84.3
-64.5
47.9
1000.4

0.0
0.0
-2.8
-43.1
-50.5
7.8
90.1
-539.8
10.2
837.4

0.0
0.0
-3.1
-47.0
-54.5
3.9
84.7
9.0
0.1
787.6

0.0
0.0
-11.4
-151.3
-152.9
3.8
63.1
221.9
-12.0
994.4

Azgard Nine Ltd.(Legler-Nafees Denim Mills Ltd.)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

28

(Million Rupees)
2004

2005

2006

2007

2008

2009

1737.3
991.0
2728.3
0.0
0.0
866.5
866.5
3594.8

868.7
1563.3
2432.0
868.7
2393.7
324.7
3587.1
6019.1

3127.1
2102.5
5229.6
661.7
7713.0
3536.3
11911.0
17140.6

3127.1
2017.4
5144.5
661.7
10404.3
3037.2
14103.2
19247.7

3827.1
6482.8
10309.9
0.0
3962.5
2712.1
6674.6
16984.5

4548.7
13575.0
18123.7
330.6
3972.2
1948.0
6250.8
24374.5

132.7
20.9
111.8
1749.2
1394.7
3276.6
2614.0
3480.5
662.6
2649.1
-2481.3

807.1
46.3
760.8
1984.8
2123.7
4915.6
4491.0
8078.1
424.6
6250.7
-3683.9

1133.0
1133.0
0.0
3025.6
2904.0
7062.6
9935.8
21846.8
-2873.2
19127.0
-8802.8

1513.1
630.1
883.0
5406.0
2532.1
9451.2
10686.3
24789.5
-1235.1
18870.7
-9173.2

11622.6
82.1
11540.5
3027.8
4034.1
18684.5
10353.8
17028.4
8330.7
13976.9
1268.8

15199.1
204.3
14994.8
4841.3
4414.9
24455.3
14135.3
20386.1
10320.0
7056.3
1063.8

3693.2
2932.2
177.9
6208.8

6913.3
5594.5
264.3
10510.1

26418.5
20013.9
535.2
27076.5

27786.2
20482.7
729.6
29933.9

11275.7
8653.6
538.5
27338.1

18233.6
14054.5
569.8
38509.8

3304.0
1613.2
1690.8
2584.0
720.0
2791.5
522.4
123.7
398.7
20.0
86.9
0.0

4662.2
791.6
3870.6
3523.7
1138.5
3887.5
1080.6
290.5
790.1
47.9
164.6
0.0

6624.7
2492.8
4131.9
4732.0
1892.7
5295.2
1401.1
1187.2
213.9
123.6
210.5
0.0

12937.0
7504.5
5432.5
8362.6
4574.4
9204.4
4068.8
2152.4
1916.4
100.4
344.0
0.0

11827.0
11724.8
102.2
8238.4
3588.6
9327.4
3159.6
4617.3
-1457.7
13287.6
0.0
0.0

11737.8
1683.7
10054.1
8546.4
3191.4
9332.3
2603.0
2424.4
178.6
118.2
407.1
0.0

1168.2
291.8
876.4

2424.3
577.6
1846.7

11121.5
-120.2
11241.7

2107.1
-2263.2
1472.0 -14745.3
635.1
12482.1

7390.0
-346.7
7736.7

469.7
1346.1

841.9
2688.6

415.0
11656.7

2201.6 -14206.8
2836.7
-1724.7

223.1
7959.8

24.1
125.3
72.0
127.6
6.4
25.0
34.9
157.0
84.5
23.7
3.7
4.7
5.0
28.6
14.6

59.6
109.5
62.2
332.2
7.5
23.8
31.3
280.0
83.4
26.9
6.2
4.6
6.1
22.2
32.5

69.5
71.1
41.9
417.8
0.8
-1.1
3.6
167.2
79.9
84.7
17.9
6.2
57.8
23.0
4.1

73.3
88.4
64.7
481.9
6.4
69.9
77.6
164.5
71.1
52.9
16.6
11.4
5.2
18.3
37.3

39.3
180.5
141.5
165.2
-5.3
651.5
823.7
269.4
78.9
146.1
39.0
33.0
-911.5
0.0
-14.1

25.6
173.0
141.8
112.5
0.5
-4.7
2.8
398.4
79.5
93.1
20.7
34.4
66.2
26.6
1.0

435.8
3.2
12.1
2.3
2.2
7.6
53.2
-20.7
22.9
15.7

450.9
6.8
16.9
9.1
8.5
9.0
44.4
295.7
41.1
28.0

42.9
4.0
3.2
0.7
0.3
9.6
24.5
-92.3
42.1
16.7

527.9
6.7
14.8
6.1
5.8
3.7
43.2
771.4
95.3
16.5

0.0
0.0
-12.3
-3.8
-38.5
6.9
43.3
-162.3
-8.6
26.9

14.8
2.2
1.5
0.4
0.1
6.6
30.5
-110.5
-0.8
39.8

Babri Cotton Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

29

2004

2005

2006

2007

2008

2009

20.0
230.0
250.0
0.0
0.0
59.7
59.7
309.7

20.0
281.7
301.7
0.0
0.0
251.6
251.6
553.3

20.0
182.7
202.7
0.0
0.0
249.5
249.5
452.2

20.0
300.0
320.0
0.0
0.0
86.5
86.5
406.5

29.0
285.0
314.0
0.0
0.0
341.4
341.4
655.4

29.0
476.7
505.7
0.0
0.0
303.3
303.3
809.0

5.5
1.5
4.0
72.5
108.5
186.5
251.1
310.8
-64.6
157.0
-245.6

18.8
0.7
18.1
61.9
210.8
291.5
384.5
636.1
-93.0
531.4
-365.7

19.2
0.4
18.8
21.3
215.9
256.4
447.5
697.0
-191.1
553.8
-428.3

20.4
0.6
19.8
20.1
264.4
304.9
723.8
810.3
-418.9
375.1
-703.4

27.8
5.5
22.3
25.6
332.4
385.8
524.6
866.0
-138.8
758.7
-496.8

2.7
0.5
2.2
29.6
321.2
353.5
555.7
859.0
-202.2
701.1
-553.0

524.7
374.2
19.5
560.7

818.9
646.3
21.4
937.8

869.7
643.4
57.3
899.8

994.8
825.4
32.2
1130.3

999.5
794.3
35.9
1180.1

1228.3
1011.2
34.4
1364.7

553.0
553.0
0.0
486.8
66.2
513.4
44.2
4.6
39.6
10.7
0.0
0.0

402.4
402.4
0.0
394.5
7.9
412.7
-4.5
11.9
-16.4
1.8
0.0
0.0

610.9
610.9
0.0
580.0
30.9
605.5
3.5
55.7
-52.2
3.1
0.0
0.0

746.9
746.9
0.0
672.2
74.7
700.0
54.5
68.8
-14.3
3.7
0.0
0.0

739.9
739.9
0.0
694.2
45.7
719.9
23.1
67.2
-44.1
3.7
0.0
0.0

747.0
747.0
0.0
695.8
51.2
723.5
4.0
108.0
-104.0
0.0
0.0
0.0

146.5
28.9
117.6

243.6
-18.2
261.8

-101.1
-55.3
-45.8

-45.7
-18.0
-27.7

248.9
-47.8
296.7

153.6
-104.0
257.6

48.4
166.0

3.2
265.0

2.0
-43.8

14.2
-13.5

-11.9
284.8

-69.6
188.0

19.3
74.3
31.1
124.3
7.1
19.7
29.2
1250.0
92.8
10.4
0.8
2.9
27.0
0.0
15.8

45.5
75.8
21.0
210.8
-1.7
-7.5
1.2
1508.5
102.6
3.0
2.2
0.0
-5.4

55.2
57.3
9.1
343.9
-5.8
54.7
-4.6
1013.5
99.1
1591.4
9.1
10.1
-5.9
0.7
-25.8

21.3
42.1
5.6
253.2
-1.3
39.4
-105.2
1600.0
93.7
126.2
9.2
18.3
-25.9
0.0
-4.5

52.1
73.5
10.2
275.8
-3.7
-19.2
-4.2
1082.8
97.3
290.9
9.1
8.9
-8.4
0.1
-14.0

37.5
63.6
5.8
169.9
-7.6
-67.7
-37.0
1743.8
96.9
2700.0
14.5
15.4
0.0
0.0
-20.6

0.0
7.2
19.8
14.5
9.7
98.6
69.2
18.7
125.0

0.0
-4.1
-8.2
-9.1
5.7
42.9
-141.4
-27.2
150.9

0.0
0.0
-8.5
-26.1
-27.7
8.9
67.9
218.3
51.8
101.4

0.0
0.0
-1.9
-7.2
-9.0
5.0
66.1
-72.4
22.3
160.0

0.0
0.0
-6.0
-15.2
-16.5
4.3
62.7
111.1
-0.9
108.3

0.0
0.0
-13.9
-35.9
-35.9
4.3
54.7
136.2
1.0
174.4

Baig Spinning Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

30

2004

2005

2006

2007

2008

2009

91.0
117.0
208.0
0.0
0.0
130.9
130.9
338.9

91.0
79.3
170.3
0.0
0.0
127.6
127.6
297.9

91.0
-56.1
34.9
0.0
0.0
101.1
101.1
136.0

91.0
-59.3
31.7
0.0
0.0
1.8
1.8
33.5

91.0
-64.9
26.1
0.0
0.0
1.9
1.9
28.0

91.0
-64.9
26.1
0.0
0.0
1.9
1.9
28.0

5.5
5.5
0.0
55.5
123.1
184.1
228.7
359.6
-44.6
268.3
-223.2

6.9
6.9
0.0
31.0
166.7
204.6
284.5
412.1
-79.9
248.8
-277.6

0.9
0.9
0.0
44.5
79.5
124.9
272.9
374.0
-148.0
197.4
-272.0

1.0
1.0
0.0
1.3
0.0
2.3
132.8
134.6
-130.5
35.8
-131.8

35.9
35.9
0.0
1.5
0.0
37.4
13.0
14.9
24.4
1.9
22.9

35.9
35.9
0.0
1.5
0.0
37.4
13.0
14.9
24.4
1.9
22.9

461.4
383.6
22.5
567.7

470.4
377.8
14.8
582.4

352.9
284.1
19.5
409.0

348.9
164.1
1.5
166.4

5.2
3.5
0.7
40.9

5.2
3.5
0.7
40.9

683.9
683.9
0.0
653.1
30.8
660.9
22.9
21.8
1.1
3.1
0.0
0.0

489.6
489.6
0.0
449.1
40.5
455.7
33.9
16.7
17.2
2.3
0.0
0.0

616.8
616.8
0.0
592.7
24.1
719.4
-101.0
30.7
-131.7
3.4
0.0
0.0

84.4
84.4
0.0
91.1
-6.7
99.0
37.0
12.0
25.0
0.4
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.6
132.5
0.2
132.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
4.6
132.5
0.2
132.3
0.0
0.0
0.0

49.6
-2.0
51.6

-41.0
14.9
-55.9

-161.9
-135.1
-26.8

-102.5
24.6
-127.1

-5.5
132.3
-137.8

0.0
132.3
-132.3

20.5
72.1

29.7
-26.2

-115.6
-142.4

26.1
-101.0

133.0
-4.8

133.0
0.7

38.6
80.5
26.7
172.9
0.2
-4.0
28.4
228.6
96.6
95.2
3.2
8.1
281.8
5.2
0.5

42.8
71.9
13.3
242.0
3.0
187.1
93.1
49.3
3.4
6.7
13.4
3.6
10.1

74.3
45.8
16.6
1071.6
-32.2
83.4
81.2
38.4
116.6
-30.4
5.0
15.6
-2.6
4.1
-377.4

5.4
1.7
1.7
424.6
15.0
-24.0
-25.8
34.8
117.3
32.4
14.2
33.5
1.6
0.0
78.9

6.8
287.7
287.7
57.1
323.5
-2405.5
-2770.8
28.7
0.0
0.2
0.0
10.5
0.0
0.0
506.9

6.8
287.7
287.7
57.1
323.5
0.0
19000.0
28.7
0.0
0.2
0.0
10.5
0.0
0.0
506.9

0.0
0.2
0.1
-0.2
6.3
120.5
0.0
20.5
22.9

0.0
3.5
1.9
1.6
3.9
84.1
1800.0
-28.4
18.7

0.0
0.0
-21.4
-14.5
-14.8
5.2
150.8
-863.2
26.0
3.8

0.0
0.0
29.6
2.7
2.7
0.5
50.7
-118.6
-86.3
3.5

0.0
0.0
0.0
14.5
14.5
0.4
0.0
437.0
-100.0
2.9

0.0
0.0
0.0
14.5
14.5
0.4
0.0
0.0
2.9

Bhanero Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

31

2004

2005

2006

2007

2008

2009

30.0
578.8
608.8
0.0
0.0
208.4
208.4
817.2

30.0
671.2
701.2
0.0
0.0
775.1
775.1
1476.3

30.0
707.2
737.2
0.0
0.0
1167.2
1167.2
1904.4

30.0
823.4
853.4
0.0
0.0
794.0
794.0
1647.4

30.0
959.6
989.6
0.0
0.0
797.1
797.1
1786.7

30.0
1044.0
1074.0
0.0
0.0
517.3
517.3
1591.3

6.5
6.2
0.3
264.5
363.0
634.0
536.8
745.2
97.2
540.0
-530.3

12.5
12.2
0.3
260.7
809.5
1082.7
914.6
1689.7
168.1
1488.5
-902.1

24.3
23.9
0.4
300.8
594.0
919.1
1166.1
2333.3
-247.0
1891.4
-1141.8

56.0
55.6
0.4
511.1
838.6
1405.7
1762.8
2556.8
-357.1
1717.0
-1706.8

18.9
18.5
0.4
574.9
961.8
1555.6
1616.5
2413.6
-60.9
1844.6
-1597.6

23.1
22.7
0.4
584.3
799.8
1407.2
1542.7
2060.0
-135.5
1621.6
-1519.6

1234.0
719.9
66.6
1353.9

1866.8
1308.1
52.1
2390.8

2869.1
2151.4
163.0
3070.5

2913.3
2004.5
203.2
3410.2

2946.2
1847.5
187.3
3403.1

3005.1
1726.9
177.0
3134.1

1751.6
989.7
761.9
1613.0
138.6
1666.5
87.5
31.3
56.2
14.7
15.0
0.0

1316.5
1316.5
0.0
1109.1
207.4
1165.7
151.4
48.7
102.7
6.3
15.0
0.0

2692.9
2692.9
0.0
2270.8
422.1
2351.6
357.9
184.4
173.5
20.9
7.5
0.0

3547.1
2369.1
1178.0
3070.5
476.6
3161.9
386.6
201.0
185.6
17.7
0.0
0.0

3510.4
1633.6
1876.8
3101.0
409.4
3199.5
320.8
220.9
99.9
18.1
6.0
0.0

3781.5
2773.4
1008.1
3285.3
496.2
3394.9
389.4
289.8
99.6
16.4
6.0
0.0

142.9
26.5
116.4

659.1
81.4
577.7

428.1
145.1
283.0

-257.0
167.9
-424.9

139.3
75.8
63.5

-195.4
77.2
-272.6

93.1
209.5

133.5
711.2

308.1
591.1

371.1
-53.8

263.1
326.6

254.2
-18.4

25.5
118.1
50.5
122.4
4.2
18.5
44.4
2029.3
95.1
35.8
1.8
5.8
26.2
7.6
9.2

52.5
118.4
29.9
241.0
4.3
12.4
18.8
2337.3
88.5
32.2
3.7
3.3
6.1
11.8
14.6

61.3
78.8
27.9
316.5
5.7
33.9
52.1
2457.3
87.3
51.5
6.8
9.7
12.0
6.7
23.5

48.2
79.7
32.2
299.6
5.4
-65.3
-689.8
2844.7
89.1
52.0
5.7
11.7
9.5
10.5
21.7

44.6
96.2
36.7
243.9
2.9
54.4
80.6
3298.7
91.1
68.9
6.3
12.0
18.1
11.9
10.1

32.5
91.2
39.4
191.8
3.2
-39.5
-1381.5
3580.0
89.8
74.4
7.7
17.9
16.5
11.7
9.3

276.7
2.5
3.2
18.7
13.8
13.3
129.4
-58.9
21.0
202.9

642.7
2.1
7.8
34.2
32.1
7.2
55.1
82.9
-24.8
233.7

2034.7
1.0
6.4
57.8
50.9
12.5
87.7
69.0
104.5
245.7

0.0
0.0
5.2
61.9
56.0
9.4
104.0
7.1
31.7
284.5

1363.3
0.6
2.8
33.3
27.3
9.3
103.2
-46.2
-1.0
329.9

1386.7
0.6
2.6
33.2
27.7
9.6
120.7
-0.3
7.7
358.0

Bilal Fibres Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

32

2004

2005

2006

2007

2008

2009

141.0
-16.2
124.8
0.0
0.0
45.5
45.5
170.3

141.0
81.5
222.5
0.0
0.0
113.0
113.0
335.5

141.0
64.0
205.0
0.0
0.0
63.5
63.5
268.5

141.0
-37.5
103.5
0.0
0.0
288.4
288.4
391.9

141.0
54.1
195.1
0.0
0.0
354.7
354.7
549.8

141.0
-65.9
75.1
0.0
0.0
450.8
450.8
525.9

6.5
6.5
0.0
80.1
77.0
163.6
349.1
394.6
-185.5
160.0
-342.6

8.8
8.8
0.0
64.2
68.9
141.9
334.1
447.1
-192.2
297.6
-325.3

3.9
3.9
0.0
68.9
112.0
184.8
470.5
534.0
-285.7
299.4
-466.6

28.3
28.3
0.0
87.3
114.7
230.3
384.6
673.0
-154.3
374.1
-356.3

3.5
3.5
0.0
119.2
168.2
290.9
468.4
823.1
-177.5
546.6
-464.9

1.9
1.9
0.0
96.3
140.0
238.2
434.0
884.8
-195.8
528.9
-432.1

405.4
355.7
19.8
519.3

544.6
527.6
16.9
669.5

594.3
554.4
23.1
739.2

587.5
546.1
26.2
776.4

759.0
727.4
29.4
1018.3

785.4
721.7
33.7
959.9

677.5
518.6
158.9
646.0
31.5
663.3
14.9
12.3
2.6
3.1
0.0
0.0

507.1
470.3
36.8
467.5
39.6
484.1
24.2
14.5
9.7
2.3
0.0
0.0

764.5
659.0
105.5
717.6
46.9
741.1
56.2
39.7
16.5
4.1
0.0
0.0

785.0
669.2
115.8
785.3
-0.3
813.1
-27.5
46.4
-73.9
4.3
0.0
0.0

905.2
711.9
193.3
865.9
39.3
909.5
-3.5
57.4
-60.9
36.5
0.0
0.0

945.6
887.2
58.4
934.8
10.8
972.0
-25.4
66.6
-92.0
0.6
0.0
0.0

-106.8
-0.5
-106.3

165.2
7.4
157.8

-67.0
12.4
-79.4

123.4
-78.2
201.6

157.9
-97.4
255.3

-23.9
-92.6
68.7

19.3
-87.0

24.3
182.1

35.5
-43.9

-52.0
149.6

-68.0
187.3

-58.9
9.8

26.7
46.9
24.8
316.2
0.5
88.5
97.9
82.6
1.8
7.7
119.2
1.9
2.1

33.7
42.5
21.8
200.9
1.4
4.5
13.3
157.8
95.5
59.9
2.9
4.9
23.7
1.5
4.4

23.6
39.3
15.5
260.5
2.2
-18.5
-80.9
145.4
96.9
70.6
5.2
13.3
24.8
1.3
8.0

73.6
59.9
30.1
650.2
-9.5
-63.4
-34.8
73.4
103.6
-168.7
5.9
12.4
-5.8
0.7
-71.4

64.5
62.1
26.2
421.9
-6.0
-61.7
-36.3
138.4
100.5
-1640.0
6.3
10.5
-59.9
3.8
-31.2

85.7
54.9
22.6
1178.2
-9.6
387.4
-601.0
53.3
102.8
-262.2
7.0
12.6
-0.7
3.8
-122.5

0.0
0.4
0.2
0.0
6.3
130.5
-81.8
29.9
8.9

0.0
1.9
0.7
0.5
4.8
75.7
250.0
-25.2
15.8

0.0
0.0
2.2
1.2
0.9
4.4
103.4
71.4
50.8
14.5

0.0
0.0
-9.4
-5.2
-5.5
4.7
101.1
-533.3
2.7
7.3

0.0
0.0
-6.7
-4.3
-6.9
5.4
88.9
-17.3
15.3
13.8

0.0
0.0
-9.7
-6.5
-6.6
4.6
98.5
51.2
4.5
5.3

Blessed Textiles Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

33

2004

2005

2006

2007

2008

2009

64.3
342.3
406.6
0.0
0.0
514.8
514.8
921.4

64.3
427.4
491.7
0.0
0.0
613.3
613.3
1105.0

64.3
558.7
623.0
0.0
0.0
871.9
871.9
1494.9

64.3
639.3
703.6
0.0
0.0
533.9
533.9
1237.5

64.3
777.2
841.5
0.0
0.0
587.7
587.7
1429.2

64.3
852.5
916.8
0.0
0.0
495.8
495.8
1412.6

26.9
26.9
0.0
299.2
174.7
500.8
416.6
931.4
84.2
684.8
-389.7

49.2
49.2
0.0
336.4
300.8
686.4
660.5
1273.8
25.9
1118.4
-611.3

14.1
14.1
0.0
278.8
489.6
782.5
945.7
1817.6
-163.2
1656.1
-931.6

40.8
40.8
0.0
351.6
532.4
924.8
1327.4
1861.3
-402.6
1252.0
-1286.6

33.9
33.9
0.0
290.8
846.3
1171.0
1365.8
1953.5
-194.8
1508.7
-1331.9

27.7
27.7
0.0
186.5
677.3
891.5
1044.3
1540.1
-152.8
1268.0
-1016.6

1224.3
837.1
79.6
1337.9

1512.2
1079.1
59.8
1765.5

2234.3
1658.2
146.4
2440.7

2388.5
1640.0
173.8
2564.8

2535.5
1624.1
173.4
2795.1

2648.3
1565.5
168.9
2457.0

2250.9
606.7
1644.2
2089.4
161.5
2143.5
108.7
31.8
76.9
0.0
4.8
0.0

1652.8
276.6
1376.2
1449.9
202.9
1500.2
152.6
48.6
104.0
16.4
4.8
0.0

2948.0
430.5
2517.5
2531.2
416.8
2626.4
322.0
151.5
170.5
40.7
4.8
0.0

2703.7
1457.2
1246.5
2308.1
395.6
2399.3
305.0
180.0
125.0
18.8
4.8
0.0

2994.3
1724.2
1270.1
2628.6
365.7
2729.5
275.0
159.3
115.7
20.2
6.4
0.0

3254.3
1345.2
1909.1
2787.6
466.7
2897.5
357.2
257.2
100.0
27.7
4.8
0.0

10.2
72.1
-61.9

183.6
82.8
100.8

389.9
125.0
264.9

-257.4
101.4
-358.8

191.7
89.1
102.6

-16.6
67.5
-84.1

151.7
89.8

142.6
243.4

271.4
536.3

275.2
-83.6

262.5
365.1

236.4
152.3

55.9
120.2
78.3
229.1
5.7
706.9
168.9
632.3
95.2
29.3
1.4
4.6
0.0
9.4
18.9

55.5
103.9
58.4
259.1
5.9
45.1
58.6
764.7
90.8
31.8
2.9
4.3
15.8
14.6
21.2

58.3
82.7
31.0
291.7
7.0
32.1
50.6
968.9
89.1
47.0
5.1
9.1
23.9
4.7
27.4

43.1
69.7
29.6
264.5
4.9
-39.4
-329.2
1094.2
88.7
59.0
6.7
14.4
15.0
9.1
17.8

41.1
85.7
23.8
232.1
4.1
46.5
71.9
1308.7
91.2
57.9
5.3
10.6
17.5
6.0
13.7

35.1
85.4
20.5
168.0
4.1
-406.6
155.2
1425.8
89.0
72.0
7.9
20.3
27.7
0.0
10.9

1602.1
1.2
3.4
12.0
12.0
9.9
168.2
-16.1
66.1
63.2

1825.0
1.0
6.3
16.2
13.6
7.1
93.6
35.0
-26.6
76.5

2704.2
0.8
5.8
26.5
20.2
13.6
120.8
63.6
78.4
96.9

2212.5
0.7
4.6
19.4
16.5
10.5
105.4
-26.8
-8.3
109.4

1492.2
0.8
3.9
18.0
14.9
10.6
107.1
-7.2
10.7
130.9

1506.3
0.5
3.1
15.6
11.2
10.4
132.5
-13.3
8.7
142.6

Brothers Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

34

2004

2005

2006

2007

2008

2009

98.0
58.4
156.4
0.0
0.0
47.1
47.1
203.5

98.0
52.1
150.1
0.0
0.0
72.0
72.0
222.1

98.0
32.4
130.4
0.0
0.0
53.4
53.4
183.8

98.0
-60.8
37.2
0.0
0.0
42.7
42.7
79.9

98.0
-103.6
-5.6
0.0
0.0
37.0
37.0
31.4

98.0
-133.5
-35.5
0.0
0.0
0.0
0.0
-35.5

4.2
4.2
0.0
297.8
70.2
372.2
383.7
430.8
-11.5
133.6
-379.5

6.4
6.4
0.0
287.4
75.9
369.7
348.5
420.5
21.2
184.4
-342.1

3.5
3.5
0.0
280.7
81.2
365.4
373.8
427.2
-8.4
206.4
-370.3

2.6
2.6
0.0
282.6
44.9
330.1
428.4
471.1
-98.3
118.9
-425.8

0.8
0.8
0.0
278.8
0.0
279.6
389.8
426.8
-110.2
85.8
-389.0

0.1
0.1
0.0
277.4
0.0
277.5
445.8
445.8
-168.3
41.7
-445.7

446.5
215.0
19.8
587.2

485.1
200.9
16.0
570.6

482.5
192.1
21.2
557.5

487.5
178.1
19.3
508.2

438.5
141.8
8.5
421.4

435.6
132.8
8.4
410.3

614.7
603.2
11.5
620.6
-5.9
635.2
-19.5
15.7
-35.2
2.7
0.0
0.0

343.5
338.3
5.2
326.9
16.6
338.3
6.5
14.3
-7.8
1.7
0.0
0.0

459.8
456.1
3.7
458.2
1.6
475.6
-8.2
27.4
-35.6
3.2
0.0
0.0

484.0
450.7
33.3
502.6
-18.6
521.4
-36.5
24.7
-61.2
2.4
0.0
0.0

166.6
166.6
0.0
176.2
-9.6
187.9
-20.8
11.4
-32.2
0.8
0.0
0.0

0.0
0.0
0.0
0.0
0.0
20.9
-19.8
10.1
-29.9
0.0
0.0
0.0

38.9
-37.9
76.8

18.6
-9.5
28.1

-38.3
-38.8
0.5

-103.9
-63.6
-40.3

-48.5
-33.0
-15.5

-66.9
-29.9
-37.0

-18.1
58.7

6.5
34.6

-17.6
-17.1

-44.3
-84.6

-24.5
-40.0

-21.5
-58.5

23.1
97.0
78.7
275.4
-6.0
-97.4
-30.8
159.6
103.3
2.6
11.8
1.2
-22.5

32.4
106.1
84.3
280.1
-1.4
-51.1
18.8
153.2
98.5
220.0
4.2
7.8
1.0
-5.2

29.1
97.8
76.0
327.6
-6.4
101.3
102.9
133.1
103.4
-334.1
6.0
13.3
-9.0
0.7
-27.3

53.4
77.1
66.6
1266.4
-12.0
61.2
52.4
38.0
107.7
-67.7
5.1
20.8
-3.9
0.2
-164.5

117.8
71.7
71.7
0.0
-7.6
68.0
61.3
-5.7
112.8
-54.8
6.8
13.3
-2.5
0.0
0.0

0.0
62.2
62.2
0.0
-7.3
44.7
36.8
-36.2
0.0
-51.0
0.0
24.2
0.0
0.0
0.0

0.0
-5.7
-3.6
-3.9
10.2
104.7
-2.7
51.1
16.0

0.0
-2.3
-0.8
-1.0
7.4
60.2
-77.8
-44.1
15.3

0.0
0.0
-7.7
-3.6
-4.0
10.6
82.5
350.0
33.9
13.3

0.0
0.0
-12.6
-6.2
-6.5
10.0
95.2
72.2
5.3
3.8

0.0
0.0
-19.3
-3.3
-3.4
4.8
39.5
-46.8
-65.6
-0.6

0.0
0.0
0.0
-3.1
-3.1
5.9
0.0
-6.1
-100.0
-3.6

Crescent Fibers Ltd. (Crescent Boards Ltd.)

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

35

2004

2005

2006

2007

2008

2009

118.3
154.0
272.3
0.0
0.0
108.2
108.2
380.5

124.2
103.5
227.7
0.0
0.0
67.6
67.6
295.3

124.2
56.0
180.2
0.0
0.0
30.2
30.2
210.4

4.8
2.1
2.7
341.6
109.8
456.2
394.0
502.2
62.2
270.6
-389.2

4.2
1.5
2.7
539.7
153.5
697.4
414.7
482.3
282.7
262.7
-410.5

73.5
29.9
43.6
177.0
101.3
351.8
424.6
454.8
-72.8
237.3
-351.1

875.7
318.3
32.8
774.5

850.1
12.5
31.3
709.9

859.4
283.2
29.5
635.0

1189.7
1189.7
0.0
1073.1
116.6
1122.1
76.1
36.8
39.3
5.9
0.0
5.9

1246.8
1241.8
5.0
1160.2
86.6
1202.5
57.2
32.0
25.2
6.2
62.1
0.0

1427.5
1426.3
1.2
1318.4
109.1
1369.1
67.8
54.5
13.3
0.9
0.0
0.0

380.5
33.4
347.1

-85.2
-43.1
-42.1

-84.9
12.4
-97.3

66.2
413.3

-11.8
-53.9

41.9
-55.4

28.4
115.8
87.9
184.4
5.1
8.8
16.0
230.2
94.3
48.4
3.1
13.6
15.0
9.8
14.4

22.9
168.2
131.2
211.8
3.5
50.6
21.9
183.3
96.4
55.9
2.6
12.2
24.6
7.3
11.1

14.4
82.9
59.0
252.4
2.1
-14.6
-75.6
145.1
95.9
80.4
3.8
23.0
6.8
8.3
7.4

0.0
0.0
3.3
3.3
2.8
10.1
153.6
230.0
23.0

30.6
27.3
2.0
2.0
1.5
26.5
175.6
-39.4
4.8
18.3

0.0
0.0
0.9
1.1
1.0
9.8
224.8
-45.0
14.5
14.5

Data Textiles Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

36

2004

2005

2006

2007

2008

2009

99.1
-94.1
5.0
0.0
0.0
72.8
72.8
77.8

99.1
-158.0
-58.9
0.0
0.0
55.6
55.6
-3.3

99.1
38.7
137.8
0.0
0.0
50.7
50.7
188.5

99.1
-28.1
71.0
0.0
0.0
65.6
65.6
136.6

99.1
-72.2
26.9
0.0
0.0
0.0
0.0
26.9

99.1
-78.6
20.5
0.0
0.0
0.0
0.0
20.5

1.4
1.4
0.0
37.6
128.3
167.3
237.0
309.8
-69.7
185.8
-235.6

2.3
2.3
0.0
21.6
169.6
193.5
356.1
411.7
-162.6
207.4
-353.8

2.1
2.1
0.0
79.4
70.7
152.2
286.1
336.8
-133.9
114.4
-284.0

0.8
0.8
0.0
66.0
47.4
114.2
269.7
335.3
-155.5
88.8
-268.9

0.7
0.7
0.0
104.2
0.0
104.9
153.2
153.2
-48.3
0.0
-152.5

0.9
0.9
0.0
102.6
0.0
103.5
153.2
153.2
-49.7
0.0
-152.3

301.6
147.4
6.5
314.7

326.3
159.3
12.9
352.8

522.6
322.5
33.5
474.7

519.9
292.0
29.8
406.2

129.6
75.2
178.1
180.1

129.6
70.1
5.1
173.6

311.8
311.8
0.0
325.1
-13.3
334.0
-22.1
11.1
-33.2
1.4
0.0
0.0

241.2
241.2
0.0
279.8
-38.6
288.5
-47.3
18.1
-65.4
1.2
0.0
0.0

551.1
551.1
0.0
555.9
-4.8
566.4
-14.9
26.8
-41.7
2.7
0.0
0.0

98.7
98.7
0.0
152.0
-53.3
155.1
-56.2
10.2
-66.4
0.5
0.0
0.0

0.0
0.0
0.0
0.0
0.0
2.0
-8.3
3.9
-12.2
39.4
0.0
0.0

0.0
0.0
0.0
0.0
0.0
1.5
-6.3
0.1
-6.4
0.0
0.0
0.0

-63.4
-34.6
-28.8

-81.1
-66.6
-14.5

191.8
-44.4
236.2

-51.9
-66.9
15.0

-109.7
-51.6
-58.1

-6.4
-6.4
0.0

-28.1
-56.9

-53.7
-68.2

-10.9
225.3

-37.1
-22.1

126.5
68.4

-1.3
-1.3

93.6
70.6
16.5
6196.0
-10.5
5.0
107.1
3.6
6.0
3.6
-664.0

54.3
6.7
-18.5
-59.4
119.6
7.5
8.7
4.6
-

26.9
53.2
28.5
244.4
-8.8
-23.1
-4.8
139.1
102.8
-179.9
4.9
23.4
-6.5
1.5
-30.3

48.0
42.3
24.8
472.3
-16.3
128.9
167.9
71.6
157.1
-18.1
10.3
11.5
-0.8
0.0
-93.5

0.0
68.5
68.5
569.5
-6.8
47.0
184.9
27.1
0.0
-47.0
0.0
0.0
-323.0
0.0
-45.4

0.0
67.6
67.6
747.3
-3.7
100.0
100.0
20.7
0.0
-1.6
0.0
0.0
0.0
0.0
-31.2

0.0
-10.6
-3.4
-3.5
11.1
99.1
-206.3
-1.8
0.5

-27.1
-6.6
-6.7
8.8
68.4
94.1
-22.6
-5.9

0.0
0.0
-7.6
-4.2
-4.5
21.0
116.1
-36.4
128.5
13.9

0.0
0.0
-67.3
-6.7
-6.8
9.2
24.3
59.5
-82.1
7.2

0.0
0.0
0.0
-1.2
-5.2
61.0
0.0
-82.1
-100.0
2.7

0.0
0.0
0.0
-0.6
-0.6
6.8
0.0
-50.0
2.1

Dawood Lawrencepur Ltd. (Dawod Coton Mills)

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

37

2004

2005

2006

2007

2008

2009

350.8
3176.5
3527.3
0.0
0.0
122.1
122.1
3649.4

350.8
3510.2
3861.0
0.0
0.0
87.4
87.4
3948.4

385.8
5786.1
6171.9
0.0
0.0
45.7
45.7
6217.6

385.8
5786.1
6171.9
0.0
0.0
45.7
45.7
6217.6

466.9
1115.9
1582.8
0.0
0.0
0.0
0.0
1582.8

513.5
971.6
1485.1
0.0
0.0
0.0
0.0
1485.1

2411.7
102.2
2309.5
589.6
968.1
3969.4
804.6
926.7
3164.8
584.2
1607.1

2568.8
57.7
2511.1
495.1
1013.3
4077.2
874.7
962.1
3202.5
786.1
1694.1

4772.7
34.4
4738.3
527.1
827.5
6127.3
711.3
757.0
5416.0
551.2
4061.4

4772.7
34.4
4738.3
527.1
827.5
6127.3
711.3
757.0
5416.0
551.2
4061.4

66.3
62.0
4.3
1452.4
196.1
1714.8
208.3
208.3
1506.5
0.0
-142.0

479.3
79.2
400.1
915.9
209.1
1604.3
184.3
184.3
1420.0
0.0
295.0

1460.2
484.6
36.9
4454.0

1712.0
745.9
38.7
4823.1

1783.5
801.6
77.1
6928.9

1783.5
801.6
77.1
6928.9

464.6
76.3
24.2
1791.1

463.0
65.0
10.3
1669.3

1851.4
1761.2
90.2
1705.6
145.8
1834.6
178.0
15.2
162.8
14.1
87.7
0.0

1376.7
1238.8
137.9
1249.4
127.3
1352.5
530.3
30.5
499.8
13.0
0.0
35.1

1870.5
1850.4
20.1
1770.2
100.3
1918.9
72.7
75.8
-3.1
14.3
0.0
35.1

1870.5
1850.4
20.1
1770.2
100.3
1918.9
72.7
75.8
-3.1
14.3
0.0
35.1

368.3
368.3
0.0
294.4
73.9
318.2
135.0
0.3
134.7
10.1
0.0
0.0

350.4
350.4
0.0
273.9
76.5
315.0
-93.3
1.6
-94.9
9.2
0.0
0.0

2176.5
61.0
2115.5

299.0
486.8
-187.8

2269.2
-17.4
2286.6

0.0
-17.4
17.4

-4634.8
124.6
-4759.4

-97.7
-104.1
6.4

97.9
2213.4

525.5
337.7

59.7
2346.3

59.7
77.1

148.8
-4610.6

-93.8
-87.4

3.3
493.3
373.0
26.3
3.7
2.8
4.4
1005.5
99.1
8.5
0.8
2.6
8.7
15.8
4.6

2.2
466.1
350.3
24.9
10.4
162.8
155.6
1100.6
98.2
5.8
2.2
3.9
2.6
20.7
12.9

0.7
861.4
745.1
12.3
0.0
-0.8
2.5
1599.8
102.6
104.3
4.1
13.8
-461.3
17.5
-0.1

0.7
861.4
745.1
12.3
0.0
0.0
77.4
1599.8
102.6
104.3
4.1
13.8
-461.3
17.5
-0.1

0.0
823.2
729.1
13.2
7.5
-2.7
-3.2
339.0
86.4
0.2
0.1
0.0
7.5
12.7
8.5

0.0
870.5
757.0
12.4
-5.7
106.6
107.3
289.2
89.9
-1.7
0.5
0.0
-9.7
10.3
-6.4

169.6
2.5
8.8
4.6
4.2
11.6
41.6
24.3
146.6
100.6

0.0
36.3
14.2
13.9
8.0
28.5
208.7
-25.6
110.1

0.0
0.0
-0.2
-0.1
-0.5
10.3
27.0
-100.7
35.9
160.0

0.0
0.0
-0.2
-0.1
-0.5
10.3
27.0
0.0
0.0
160.0

0.0
0.0
36.6
2.9
2.7
4.5
20.6
-3000.0
-80.3
33.9

0.0
0.0
-27.1
-1.8
-2.0
13.5
21.0
-162.1
-4.9
28.9

Din Textile Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

38

2004

2005

2006

2007

2008

2009

154.4
664.8
819.2
0.0
0.0
170.0
170.0
989.2

185.3
721.4
906.7
0.0
0.0
1250.1
1250.1
2156.8

185.3
539.6
724.9
0.0
0.0
665.3
665.3
1390.2

185.3
705.9
891.2
0.0
0.0
503.1
503.1
1394.3

185.3
887.7
1073.0
0.0
0.0
263.8
263.8
1336.8

185.3
917.4
1102.7
0.0
0.0
519.5
519.5
1622.2

61.7
61.7
0.0
508.2
434.5
1004.4
838.2
1008.2
166.2
671.6
-776.5

18.8
18.8
0.0
330.3
735.6
1084.7
1081.4
2331.5
3.3
2076.3
-1062.6

25.9
25.9
0.0
363.1
538.3
927.3
1657.6
2322.9
-730.3
1479.4
-1631.7

8.6
8.6
0.0
503.4
644.7
1156.7
1767.7
2270.8
-611.0
1275.3
-1759.1

23.6
23.6
0.0
646.7
559.3
1229.6
1791.9
2055.7
-562.3
1035.0
-1768.3

14.4
14.4
0.0
900.8
515.3
1430.5
1544.7
2064.2
-114.2
637.3
-1530.3

1473.4
823.0
69.4
1827.4

2852.6
2153.5
92.0
3238.2

3026.2
2120.6
213.8
3047.9

3115.8
2005.4
210.7
3162.1

3207.3
1899.2
200.1
3128.8

3224.6
1736.5
187.2
3167.0

1815.0
649.5
1165.5
1683.4
131.6
1751.6
66.1
28.8
37.3
14.6
0.0
0.0

1443.0
1200.2
242.8
1323.9
119.1
1364.9
81.6
59.0
22.6
6.5
0.0
3.1

2510.9
2504.5
6.4
2277.3
233.6
2341.6
177.3
142.6
34.7
2.0
0.0
0.0

2772.4
1295.1
1477.3
2479.0
293.4
2552.6
227.5
137.0
90.5
20.3
0.0
0.0

3101.1
1504.1
1597.0
2765.9
335.2
2864.5
246.6
114.2
132.4
15.8
0.0
0.0

3712.4
2297.1
1415.3
3324.9
387.5
3494.8
227.3
142.5
84.8
12.0
0.0
0.0

120.5
22.7
97.8

1167.6
16.1
1151.5

-766.6
32.7
-799.3

4.1
70.2
-66.1

-57.5
116.6
-174.1

285.4
72.8
212.6

92.1
189.9

108.1
1259.6

246.5
-552.8

280.9
214.8

316.7
142.6

260.0
472.6

17.2
119.8
68.0
123.1
2.0
18.8
48.5
530.6
96.5
43.6
1.6
4.3
39.1
18.7
4.6

58.0
100.3
32.3
257.1
0.7
1.4
8.6
489.3
94.6
72.3
4.1
2.8
28.8
17.2
2.5

47.9
55.9
23.5
320.4
1.1
-4.3
-44.6
391.2
93.3
80.4
5.7
9.6
5.8
8.5
4.8

36.1
65.4
29.0
254.8
2.9
1712.2
130.8
480.9
92.1
60.2
4.9
10.7
22.4
0.0
10.2

19.7
68.6
37.4
191.6
4.2
-202.8
222.1
579.1
92.4
46.3
3.7
11.0
11.9
13.4
12.3

32.0
92.6
59.2
187.2
2.7
25.5
55.0
595.1
94.1
62.7
3.8
22.4
14.2
15.1
7.7

0.0
2.1
2.4
1.5
9.9
99.3
-70.0
13.9
53.1

0.0
1.6
1.2
0.9
11.2
44.6
-50.0
-20.5
48.9

0.0
0.0
1.4
1.9
1.8
9.9
82.4
58.3
74.0
39.1

0.0
0.0
3.3
4.9
3.8
9.9
87.7
157.9
10.4
48.1

0.0
0.0
4.3
7.1
6.3
10.0
99.1
44.9
11.9
57.9

0.0
0.0
2.3
4.6
3.9
9.9
117.2
-35.2
19.7
59.5

Elahi Cotton Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

39

2004

2005

2006

2007

2008

2009

13.0
-89.4
-76.4
0.0
0.0
46.7
46.7
-29.7

13.0
-48.3
-35.3
0.0
0.0
18.9
18.9
-16.4

13.0
-55.5
-42.5
0.0
0.0
3.8
3.8
-38.7

13.0
-59.6
-46.6
0.0
0.0
0.0
0.0
-46.6

13.0
-45.7
-32.7
0.0
0.0
4.5
4.5
-28.2

13.0
-49.9
-36.9
0.0
0.0
0.0
0.0
-36.9

0.0
0.0
0.0
3.1
0.0
3.1
85.0
131.7
-81.9
49.7
-85.0

0.2
0.2
0.0
2.0
2.8
5.0
70.8
89.7
-65.8
49.4
-70.6

0.6
0.6
0.0
2.8
4.2
7.6
93.0
96.8
-85.4
35.5
-92.4

1.1
1.1
0.0
2.3
3.3
6.7
98.6
98.6
-91.9
23.9
-97.5

0.6
0.6
0.0
1.8
4.7
7.1
78.7
83.2
-71.6
4.5
-78.1

0.6
0.6
0.0
2.0
4.2
6.8
85.6
85.6
-78.8
0.0
-85.0

69.6
52.2
2.9
55.3

115.6
49.4
1.9
54.4

106.2
46.7
2.3
54.3

104.5
45.3
2.1
52.0

104.0
43.4
1.9
50.5

100.8
41.8
1.7
48.6

2.1
2.1
0.0
5.2
-3.1
6.8
-3.6
2.4
-6.0
0.0
0.0
0.0

9.8
9.8
0.0
11.7
-1.9
13.1
42.9
1.8
41.1
0.1
0.0
0.0

71.1
71.1
0.0
72.5
-1.4
74.5
-0.7
2.4
-3.1
0.4
0.0
0.0

109.7
109.7
0.0
111.3
-1.6
112.7
-2.2
2.4
-4.6
0.6
0.0
0.0

148.2
148.2
0.0
150.5
-2.3
151.9
15.4
0.2
15.2
0.7
0.0
0.0

139.7
139.7
0.0
143.2
-3.5
145.0
-3.9
0.8
-4.7
0.0
0.0
0.0

-16.5
-6.0
-10.5

13.3
41.0
-27.7

-22.3
-3.5
-18.8

-7.9
-5.2
-2.7

18.4
14.5
3.9

-8.7
-4.7
-4.0

-3.1
-13.6

42.9
15.2

-1.2
-20.0

-3.1
-5.8

16.4
20.3

-3.0
-7.0

3.6
3.6
-10.8
-587.7
323.8
114.3
4.8
0.0
-

7.1
3.1
75.6
308.3
282.2
-271.5
133.7
4.2
18.4
3.6
0.2
0.0
-

0.0
8.2
3.7
0.0
-5.7
15.7
6.0
-326.9
104.8
-342.9
3.4
6.8
-12.9
0.0
0.0

0.0
6.8
3.4
0.0
-8.8
65.8
53.4
-358.5
102.7
-109.1
2.2
10.0
-13.0
0.0
0.0

0.0
9.0
3.0
0.0
30.1
78.8
80.8
-251.5
102.5
1.3
0.1
4.4
4.6
0.0
0.0

0.0
7.9
3.0
0.0
-9.7
54.0
42.9
-283.8
103.8
-20.5
0.6
0.0
0.0
0.0
0.0

-285.7
-4.6
-4.6
5.2
3.8
-9.8
5.0
-58.8

419.4
31.6
31.5
3.6
18.0
-787.0
366.7
-27.2

0.0
0.0
-4.4
-2.4
-2.7
4.7
130.9
-107.6
625.5
-32.7

0.0
0.0
-4.2
-3.5
-4.0
4.5
211.0
45.8
54.3
-35.8

0.0
0.0
10.3
11.7
11.2
4.2
293.5
-434.3
35.1
-25.2

0.0
0.0
-3.4
-3.6
-3.6
3.9
287.4
-130.8
-5.7
-28.4

Ellcot Spinning Mills Ltd.

(Million Rupees)

Items

A.Capital Structure:
1.Ordinary Share Capital
2.Surplus
3.Shareholder's Equity (A1+A2)
4.Prefrence Shares
5.Debentures
6.Other Fixed Liabilities
7.Total Fixed Liabilities (A4+A5+A6)
8.Total Capital Employed (A3+A7)
B.Liquidity:
1.Liquid Assets:
(i)Cash
(ii)Investments
2.Other Current Assets
3.Inventories
4.Current Assets (B1+B2+B3)
5.Current Liabilities
6.Total Liabilities(A7+B5)
7.Net Current Assets(B4-B5)
8.Contractual Liabilities
9.Net liquid assets (B1-B5)
C.Fixed Assets:
1.Fixed Asset At Cost
2.Fixed assets after deducting accumulated depreciation
3.Depreciation for the year
4.Total assets (B4+C2)
D.Operation:
1.Gross sales
(i)Local sales
(ii)Export sales
2.Cost of Sales
3.Gross profit
4.Overhead and Other Expenses
5.Operating profit
6.Financial expenses
7.Net profit before tax (D5-D6)
8.Tax provision
9.Total amount of dividend
10.Total value of bonus shares issued
E.Sources of Increase In Capital Employed:
1.Increase/decrease in capital employed (A8 - A8 of preceding year)
2.Retention in business (D7-D8-D9)
3.Finance from outside the company (E1-E2)
F.Cash Flow Data
1.Depreciation for the year plus retention in business: cash flow (C3+E2)
2.Depreciation for the year plus changes in capital employed (C3+E1)
G.Operating Financial & Investment Ratios:
1.Gearing ratio (A7 as % of A8)
2.Current ratio (B4 as % of B5)
3.Acid test or Quick ratio (B4-B3 as % B5)
4.Debt equity ratio (B6 as % of A3)
5.Return on assets (D7 as % of C4)
6.Self financing ratio (E2 as % of E1)
7.Cash flow ratio F1 as % of F2
8.Shareholders equity as % of ordinary share capital (A3 as % of A1)
9.Overhead and other expenses as % of gross sales (D4 as % D1)
10.Financial expenses as % of operating profit (D6 as % of D5)
11.Financial expense as % of gross sales (D6 as % of D1)
12.Financial expenses as % of contractual liabilities (D6 as % B8)
13.Tax provision as % of net pre-tax profit (D8 as % of D7)
14.Sundry debtors as % of gross sales
15.Return on Equity (D7 as % of A3)
H.Key Performance Indicators:
1.Dividend cover ratio [(D7 - D8) as % of D9]
2.Dividend ratio to equity (D9 as % of A3)
3.Net profit margin (D7 as % of D1)
4.Earning per share before tax (D7/No. of ordinary shares)
5.Earning per share after tax [(D7-D8)/No. of ordinary shares]
6.Average annual % depreciation on written down fixed assets
7.Sales as % of total assets (D1 as % of C4)
8.Earning per share before tax growth (current year EPS - last year EPS/ last year EPS)
9.Sales growth (current year's 'sales - last year's sales / last year's sales)
10.Break-up value of ordinary shares (in rupees)

40

2004

2005

2006

2007

2008

2009

109.5
221.1
330.6
0.0
0.0
446.7
446.7
777.3

109.5
282.0
391.5
0.0
0.0
517.0
517.0
908.5

109.5
284.1
393.6
0.0
0.0
451.2
451.2
844.8

109.5
331.6
441.1
0.0
0.0
585.7
585.7
1026.8

109.5
374.8
484.3
0.0
0.0
471.7
471.7
956.0

109.5
359.4
468.9
0.0
0.0
407.7
407.7
876.6

56.3
6.3
50.0
130.1
308.0
494.4
502.7
949.4
-8.3
763.0
-446.4

49.2
49.2
0.0
146.3
281.5
477.0
455.1
972.1
21.9
825.1
-405.9

73.4
73.4
0.0
105.6
249.5
428.5
473.8
925.0
-45.3
825.9
-400.4

114.3
114.3
0.0
294.2
304.5
713.0
662.2
1247.9
50.8
1056.9
-547.9

53.6
53.6
0.0
230.0
565.5
849.1
850.5
1322.2
-1.4
1119.6
-796.9

16.3
16.3
0.0
321.6
583.0
920.9
949.1
1356.8
-28.2
1185.0
-932.8

1124.3
785.5
61.9
1279.9

1278.8
886.5
35.5
1363.5

1331.0
890.2
87.7
1318.7

1495.2
975.9
89.5
1688.9

1578.5
957.4
99.7
1806.5

1621.7
904.7
97.4
1825.6

1200.4
1038.3
162.1
1060.7
139.7
1104.4
97.6
0.4
97.2
5.3
0.0
0.0

1003.0
868.7
134.3
867.3
135.7
902.9
101.4
36.0
65.4
4.5
21.9
0.0

1489.2
1489.2
0.0
1291.8
197.4
1336.2
156.6
81.8
74.8
7.5
16.4
0.0

1608.3
1082.3
526.0
1412.1
196.2
1472.7
144.2
79.5
64.7
8.0
0.0
0.0

1841.5
1226.0
615.5
1574.0
267.5
1670.7
179.0
94.7
84.3
9.2
0.0
0.0

2427.5
1907.1
520.4
2167.9
259.6
2245.5
185.3
180.1
5.2
6.3
8.2
0.0

314.1
91.9
222.2

131.2
39.0
92.2

-63.7
50.9
-114.6

182.0
56.7
125.3

-70.8
75.1
-145.9

-79.4
-9.3
-70.1

153.8
376.0

74.5
166.7

138.6
24.0

146.2
271.5

174.8
28.9

88.1
18.0

57.5
98.3
37.1
287.2
7.6
29.3
40.9
301.9
92.0
0.4
0.0
0.1
5.5
5.0
29.4

56.9
104.8
43.0
248.3
4.8
29.7
44.7
357.5
90.0
35.5
3.6
4.4
6.9
4.1
16.7

53.4
90.4
37.8
235.0
5.7
-79.9
577.5
359.5
89.7
52.2
5.5
9.9
10.0
3.3
19.0

57.0
107.7
61.7
282.9
3.8
31.2
53.8
402.8
91.6
55.1
4.9
7.5
12.4
6.1
14.7

49.3
99.8
33.3
273.0
4.7
-106.1
604.8
442.3
90.7
52.9
5.1
8.5
10.9
7.9
17.4

46.5
97.0
35.6
289.4
0.3
11.7
489.4
428.2
92.5
97.2
7.4
15.2
121.2
0.0
1.1

0.0
8.1
8.9
8.4
13.1
93.8
85.4
45.5
30.2

278.1
5.6
6.5
6.0
5.6
4.5
73.6
-32.6
-16.4
35.8

410.4
4.2
5.0
6.8
6.1
9.7
112.9
13.3
48.5
35.9

0.0
0.0
4.0
5.9
5.2
10.1
95.2
-13.2
8.0
40.3

0.0
0.0
4.6
7.7
6.9
10.2
101.9
30.5
14.5
44.2

-13.4
1.7
0.2
0.5
-0.1
10.2
133.0
-93.5
31.8
42.8

41