Page 33 - Condensed Interim Financial Statements - For Nine Months Ended March 31, 2022

Condensed Interim Consolidated Statement of Cash Flows (Unaudited)
For the nine months ended March 31, 2022

Nine months ended
Note Mar. 31, 2022 Mar. 31, 2021
Rupees ('000)
CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from customers 34,986,433 29,314,795
Operating and exploration costs paid (6,232,554) (6,284,523)
Royalty paid (3,786,689) (2,943,092)
Taxes paid (6,068,085) (4,451,093)
Cash provided by operating activities 18,899,105 15,636,087

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure (2,089,886) (1,744,191)
Proceeds from disposal of property, plant and equipment 6,677 28,999
Investments in mutual funds - net (511,265) (98,806)
Proceeds from disposal of investments - 98,379
Purchase of LPG quota (80,659) -
Income on bank deposits and investments at amortised cost 2,180,127 1,613,571
Dividend income received 488,050 45,852
Cash used in investing activities (6,956) (56,196)

CASH FLOWS FROM FINANCING ACTIVITIES
Dividend paid (14,176,992) (14,165,137)
EFFECT OF EXCHANGE RATE CHANGES 3,707,864 (1,955,297)
INCREASE IN CASH AND CASH EQUIVALENTS 8,423,021 (540,543)
CASH AND CASH EQUIVALENTS AT JULY 01, 47,824,836 43,308,022
CASH AND CASH EQUIVALENTS AT MAR. 31, 56,247,857 42,767,479
CASH AND CASH EQUIVALENTS
Short term investment - at amortised cost 150,679 99,846
Cash and bank balances 56,097,178 42,667,633
56,247,857 42,767,479

The annexed notes 1 to 29 form an integral part of these condensed interim financial statements.

Khalid Nafees Shuaib A. Malik Abdus Sattar
CFO Chief Executive Director

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