Page 145 - Pakistan Oilfields Limited - Annual Report 2021

NOTES TO AND FORMING

PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2021

12.5 Capital work in progress
Buildings Plant and Computers Total
machinery / and software
Pipelines and development
pumps
Rupees ('000)

Balance as at July 1, 2019 1,927 749,644 - 751,571

Additions during the year 3,149 65,051 1,662 69,862
Transfers during the year (3,936) (331,935) - (335,871)

Balance as at June 30, 2020 1,140 482,760 1,662 485,562

Balance as at July 1, 2020 1,140 482,760 1,662 485,562

Additions during the year 6,712 175,640 24 182,376

Transfers during the year (3,455) (111,860) (1,686) (117,001)

Balance as at June 30, 2021 4,397 546,540 - 550,937
2021 2020
Rupees ('000)

12.6 Break up of capital work in progress at
June 30 is as follows:

Own fields 7,822 12,256

POLGAS plant 8,908 4,403

Share in joint operations operated by the Company
Ikhlas Joint Operation - 20,485
Pindori Joint Operation 323 769

Share in joint operations operated by others

MOL Pakistan Oil and - TAL Block 86,235 -
Gas Company B.V. - Margala Block 3372-20 269 269

Oil and Gas Development
Company Limited - Jhal Magsi D&P Lease 447,380 447,380

Pakistan Petroleum Limited - Adhi Mining Lease - -
550,937 485,562

ANNUAL REPORT 2021 143