Page 210 - Pakistan Oilfields Limited - Annual Report 2021

NOTES TO AND FORMING

PART OF THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2021

13.2 Cost and accumulated depreciation include
Cost Accumulated depreciation
2021 2020 2021 2020
Rupees ('000) Rupees ('000)

Share in joint operations operated
by the Group 1,527,824 1,456,919 1,340,656 1,300,979

Assets not in possession of the Group
Share in joint operations operated by others
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 886,700 884,906 742,686 715,831
16,255,931 15,997,901 11,728,623 10,619,238

* 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.

2021 2020
Rupees ('000)

13.3 The depreciation charge has been allocated as follows

Operating costs 1,475,925 1,431,730
Other income - Crude transportation income - 76,792
Administrative expenses 40 40
1,475,965 1,508,562
13.4 Particulars of Group’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
Rawalpindi Adhi 4.77

208 PAKISTAN OILFIELDS LIMITED