Page 144 - Pakistan Oilfields Limited - Annual Report 2021

NOTES TO AND FORMING

PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2021

12.2 Cost and accumulated depreciation include:
Cost Accumulated depreciation
2021 2020 2021 2020
Rupees ('000)
Share in joint operations operated
by the Company 1,527,824 1,456,919 1,340,656 1,300,979

Assets not in possession of the Company
Share in joint operations operated by
MOL Pakistan Oil and Gas Company B.V. 11,446,923 11,321,065 8,309,256 7,463,089
Orient Petroleum Inc. 74,383 74,105 64,411 62,475
Oil and Gas Development Company
Limited 74,175 73,930 52,068 46,796
Pakistan Petroleum Limited 2,245,926 2,186,976 1,219,546 1,030,068
13,841,407 13,656,076 9,645,281 8,602,428

Gas cylinders - in possession of
distributors* 776,134 764,200 642,538 609,120

16,145,365 15,877,195 11,628,475 10,512,527

* Due to large number of distributors it is impracticable to disclose the name of each person having
possession of these assets, as required by 4th Schedule to the Companies Act, 2017.

12.3 The depreciation charge has been allocated as follows:
2021 2020
Rupees ('000)

Operating cost - Note 24 1,466,825 1,421,796
Other income - Crude transportation income - 76,791
1,466,825 1,498,587

12.4 Particulars of Company's immovable property including location and area of land are as follows:

District Location Total Area (In acres)
Attock Khaur 297.59
Attock Dhulian 746.17
Attock Meyal 194.44
Chakwal Balkassar 2.14
Rawalpindi Rawalpindi 35.76
Rawalpindi Rawalpindi - (Khaur- Rawalpindi pipe line) 63.35

142 PAKISTAN OILFIELDS LIMITED