Page 37 - Condensed Interim Financial Statements - For Nine Months Ended March 31, 2022

Notes to and forming part of the Condensed Interim
Consolidated Financial Statements (Unaudited)
For the nine months ended March 31, 2022
(Unaudited) (Audited)
Mar. 31, 2022 Jun. 30, 2021
Rupees ('000)
12. Exploration and evaluation assets
Balance brought forward 512,223 2,773,514
Additions during the period/year 1,393,802 294,080
Well cost transferred to development costs - (2,555,371)
1,906,025 512,223
13. Long term investment in associated
companies -equity method
Beginning of the year 13,337,592 10,969,009
Share in loss of associated companies 1,712,424 793,414
Share of other comprehensive income of
associated companies (64) (4,842)
Impairment reversal against investment in NRL 283,604 1,625,412
Dividend received during the period / year (475,814) (45,401)

End of the period / year 14,857,742 13,337,592
14. Trade debts
These include Rs 6,847,677 thousand (June 30, 2021: Rs 3,750,557 thousand)
receivable from related parties.
15. Advances, deposits, prepayments and other receivables
These include balances due from joint venture partners amounting to Rs 251,716 thousand
(June 30, 2021: Rs 154,659 thousand) and balances due from related parties amounting to
Rs 223,290 thousand (June 30, 2021: Rs 284,004 thousand).
(Unaudited) (Audited)
Mar. 31, 2022 Jun. 30, 2021
Rupees ('000)
16. Other financial assets
Investments in mutual funds classified as
fair value through profit or loss 511,297 -

17. Cash and bank balances
Bank balance on:
Short term deposits 53,205,069 44,781,900
Interest/mark-up bearing saving accounts 2,841,985 2,847,873
Current accounts 45,402 91,609
56,092,456 47,721,382
Cash in hand 4,722 2,594
56,097,178 47,723,976

35