3.

LONG TERM LOANS-secured

Banking Company
Investment Bank

2000
411246
411246

Less:payable within one year shown

under current liabilities

4.LIABILITIES AGAINST ASSETS SUBJECT TO FINANCE LEASE

Opening balance
Transferred/obtained during the year
Paid during the year
Payable within one year shown under

4.2 AMOUT OF LEASE COMPANY HAS COMMITTED

Year Ending June 30, 2001

5. DEFFERED LIABILITIES
Staff Gratuity
Return Money
Plant and machinery- foreign supplier
Encashment of Performance
guarantee(US 1313250)

6.LONG TERM DEPOSITS-unsecured

Cement Stockists
Transporters
Others

7. SHORT TERM FINANCE- secured

8. CURRENT PORTION OF LONGTERM LIABILITIES
Long term loans
Liabilities against assets subject to finance lease

9. CREDITORS, ACCRUED AND OTHER LIABILITIES

Creditors
Accrued expenses
Mark up on long term loans
and short term finances
Advances from customers
Retention

-120000
291246

124905
124905
-49985
74920
-74920
0

75782
-862
74920

18254
11477
56179
85910

2619
12900
130
15649
130000

120000
74920
194920

161375
12704
46267
14017
563

Wokers' profit participation fund

Withholding taxes
Others

9.1 Workers' profit participation fund

Opening balance
Interest provided
Allocation of the year
Paid during the year

10.8 Commitments in respect of

Letter of credit- Local and import
11. OPERATING ASSETS
Book value at june 30,2000
11.3 Depreciation charge for the year
has been allocated as follows:
Cost of sales
Administrative expenses
Selling and distributive expenses

13391
126
248443

2917
337
3254
12862
16116
-2725
13391

17358

3723820

163432
1539
174
165145

11.4 Disposal of Assets

12. CAPITAL WORK-IN-PROGRESS- at cost

Building and civil works
Electrification

4732
4732

13. LONG TERM INVESTMENT

Wholly owned subsidiary
Lucky Powertech Limited-Unquoted
20000000 fully paid ordinary
shares of Rs.10/- each

200000

14. LONG TERM DEPOSITS AND

DEFFERED COSTS
Long term deposits
Deferred Costs
Preliminary expenses
Expenses on issue of shares
Quarry developement costs

2507
41046
13145

Othes
Less: Amortization of deferred costs

15. STORES AND SPARES

Stores
Spares
Spares in transit
16. STOCK- IN -TRANSIT
Raw and packing materials
Work in process
Finished goods

17. ADVANCES, DEPOSITS, PREPAYMENTS

AND OTHER RECEIVABLES
Loans and advances
Employees
Adavance to wholly owned subsdiary
for power supply
Adavance income tax
Excise duty
Advance to suppliers and others

Deposits and prepayments

Current portion of lease deposits
Other deposits
Prepayments

Other receivables- Considered good

Octroi refundable
Freight
Custom duty
Others

18.CASH AND BANK BALANCES

Bank balances
Current accounts
Sales collection in transit
PLS accounts
Cash in hand

2493
59191
-41118
18073

20887
178378
14793
214058
12059
50546
41270
103875

1319
112418
57649
7036
16023
194445

12750
3830
725
17305

20830
1775
22605
234355

15133
35967
122
51222
391
51613

19.SALES-net
Sales
Less: Excise duty
Loading and other charges

20. COST OF SALES

Raw material
Packing material
Fuel and power
Stores and Spares
Salaries, benefits and wages
Repairs and maintenance
Depreciation
Insurance
Amortization of quarry developement
Other manufacturing expenses
Work- in- process
Opening
Closing

Cost of goods manufacturerd

Finished goods
Opening
Closing

21. ADMINISTRATIVE EXPENSES

Salaries, benefits and wages
Communications
Amortization of deferred cost
Travelling and conveyance
Depreciation
Insurance
Vehicle running and maintenance
Advertisements
Printing and stationery
Security services
Legal and professional
Transportation and freight
Rent, rates and taxes
Utilities
Repairs and maintenance
Auditors' remuneration
Charity and donation
Fees and subscription

3227725
1172058
6133
1178191
2049534

37690
199544
1020877
83450
83188
6486
163432
25116
2629
24272
1646684
49867
-50546
-679
1646005

7510
-41270
-33760
1612245

14243
3700
9209
1513
1539
1026
1053
702
1240
121
2339
71
667
973
489
163
39
1024

Others

393
40504

21.2 Auditors' Remuneration

Statutory audit fee
Cost audit fee
Out of pocket

22. SELLING AND DISTRIBUTIVE EXPENSES

Salaries, benefits and wages
Communication
Travelling and conveyance
Printing and stationery
Utilities
Vehicle running and maintenance
Repairs and maintanance
Depreciation
Fees and subscription & periodicals
Rent, rates and taxes
Advertisement
Entertainment
Insurance
Others

110
30
23
163

8145
2033
599
247
495
648
175
174
19
914
1245
150
276
1183
16303

23. OTHER INCOME

Gain/ (loss) on disposal of assets
Miscellanneous

24. FINANCIAL CHARGES

Mark-up on :
Long term loans
Short term finance
Lease finance charges
Bank charges and commision
Interest on workers' profit participation fund

26. REMUNERATION OF EXECUTIVES

Remuneration
House rent allowance
Utilities allowance
Conveyance allowance
Number of persons

37
375
412

77604
26325
16493
3242
337
124001

15932
5951
1504
1267
24654
84

AGGREGATE TRANSCATION WITH

SUBSDIARY COMPANY
Purchase of power
Receipt of rent

28. PRODUCTION CAPACITY- Clinker

Installed capacity ( 330 days)
Actual production

387480
278

Metric tons
1320000
819180

29. EARNINGS PER SHARE

Profit after tax
No of ordinary shares
Earnings per share( Rupee)

226350
245000
0.92