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PAKISTAN OILFIELDS LIMITED
151
Notes to and Forming Part of the Financial Statements
For the year ended June 30, 2017
42.
NON-ADJUSTING EVENT AFTER THE BALANCE SHEET DATE
The Board of Directors in its meeting held on September 11, 2017 has proposed a final dividend for
the year ended June 30, 2017 @ Rs 25 per share, amounting to Rs 5,913,648 thousand for approval
of the members in the Annual General Meeting to be held on October 19, 2017.
43.
GENERAL
43.1 Capacity
Considering the nature of the Company’s business, information regarding capacity has no
relevance.
43.2 Number of employees
Total number of employees at the end of the year were 709 (2016: 746). Average number of employees
during the year were 730 (2016: 770).
43.3 Date of authorization
These financial statements were authorized for issue by the Board of Directors of the Company on
September 11, 2017.
Shuaib A. Malik
Chief Executive
Abdus Sattar
Director
Khalid Nafees
Chief Financial Officer