Page 208 - Pakistan Oilfields Limited - Annual Report 2021

NOTES TO AND FORMING

PART OF THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2021

2021 2020
Rupees ('000)

12.3 Capital expenditure commitments outstanding

POL

Share in joint operations 7,059,703 9,412,940
Own fields - 297,558
Letter of credit issued by banks on behalf of POL 95,164 199,199

NRL

Commitments outstanding for capital expenditure 87,925 100,750

APL

Commitments outstanding for capital expenditure/
import of petroleum products against letter of credit
facility 666,392 307,356

AITSL

Commitments outstanding for capital expenditure 596 594

13. PROPERTY, PLANT AND EQUIPMENT

Operating assets - note 13.1 6,170,079 7,106,486
Capital work in progress - note 13.5 552,063 486,288
6,722,142 7,592,774

206 PAKISTAN OILFIELDS LIMITED