Page 151 - Pakistan Oilfields Limited - Annual Report 2021
P. 151
NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2021
2021 2020
Rupees ('000)
20. ADVANCES, DEPOSITS, PREPAYMENTS AND
OTHER RECEIVABLES
Loans and advances - considered good
Employees - note 16 21,139 24,788
Suppliers 175,313 103,449
196,452 128,237
Trade deposits and short term prepayments
Deposits 108,514 75,280
Short-term prepayments 477,042 289,462
585,556 364,742
Interest income accrued 174,767 295,111
Other receivables
Joint operating partners 154,659 498,831
Due from related parties
Parent company
The Attock Oil Company Limited 77,446 36,258
Associated company
Attock Cement Limited - 16
Attock Energy (Pvt) Limited - 16,207
Gratuity Fund - note 36 185,791 154,675
Staff Provident Fund 10,571 -
General staff Provident Fund 10,196 -
Sales tax refundable 2,566,825 2,176,086
Other receivables (net of loss allowance of
Rs 310 thousand (2020: Rs 310 thousand)) 16,752 26,197
3,022,240 2,908,270
3,979,015 3,696,360
20.1 The maximum aggregate amount due from related parties at the end of any month during the year
was Rs 263,237 thousand (2020: Rs 207,156 thousand) respectively.
2021 2020
Rupees ('000)
20.2 The aging analysis of receivable from related parties is as follows:
Upto 3 month 263,237 207,156
3 to 6 month - -
More than 6 month - -
263,237 207,156
ANNUAL REPORT 2021 149
