Page 40 - 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
Three months ended Nine months ended
Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2022 Mar. 31, 2021
Rupees ('000)
20. Exploration costs
Geological and geophysical cost 127,386 71,752 685,904 180,983

21. Finance costs - net
Provision for decommissioning cost
- unwinding of discount 314,588 278,145 943,764 834,434
- exchange loss/(gain) 471,366 (598,853) 2,235,622 (1,260,088)

Banks' commission and charges 2,098 1,195 5,824 3,714
788,052 (319,513) 3,185,210 (421,940)
22. Other charges
Workers' profit participation fund 452,598 311,815 1,154,829 893,786
Workers' welfare fund 140,870 108,801 397,229 274,409
593,468 420,616 1,552,058 1,168,195

23. Other income - net
Income from financial assets
Income on bank deposits and
investments at amortised cost 966,557 326,326 2,151,834 1,470,635
Exchange gain/(loss) on financial assets 859,964 (1,001,169) 3,707,864 (1,955,297)
Dividend on investments classified
as fair value through profit or loss 12,237 266 12,237 451
income from assets other
financial assets
Rental income 37,073 47,146 129,083 286,144
Crude oil transportation income 98,858 181,598 295,966 238,186
Gas processing fee 3,659 4,162 6,079 4,312
Gain on sale of property, plant and
equipment 562 5,771 6,088 28,484
Gain on sale of stores and scrap 34 48,154 6,380 48,559
Fair value adjustment on investment
in mutual funds classified as
fair value through 1,994 43 2,026 183
Others (326) (2,297) 141 7,432
1,980,612 (390,000) 6,317,698 129,089
24. Provision for taxation
Current 2,958,549 2,273,060 8,773,882 5,330,159
Deferred (76,975) (316,666) (315,423) (7,811)
2,881,574 1,956,394 8,458,459 5,322,348
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