Page 218 - 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)

22. ADVANCES, DEPOSITS, PREPAYMENTS AND
OTHER RECEIVABLES
Loans and advances - considered good
Employees - note 18 22,329 24,788
Suppliers 183,561 109,629
205,890 134,417
Trade deposits and short term prepayments
Deposits 122,872 89,638
Short-term prepayments 488,586 290,462
611,458 380,100

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 (Private) Limited - 16,207
General Staff Provident Fund 10,196 -
Staff Provident Fund 10,571 -
Gratuity Fund - note 39 185,791 154,676
Sales tax refundable 2,566,859 2,176,157
Other receivables (net of loss allowance of
Rs 310 thousand (2020: Rs 310 thousand)) 16,752 26,197
3,022,274 2,908,342
4,014,389 3,717,970

22.1 The aggregate maximum 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)

22.2 The ageing 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

216 PAKISTAN OILFIELDS LIMITED