Page 224 - 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)

33. OTHER INCOME - NET

Income from financial assets

Income on bank deposits and treasury bills 1,975,928 3,110,684
Income on investments at amortised cost 7,099 9,534
Exchange (loss)/gain on financial assets (1,244,935) 900,086
Dividend on Investments classified as fair
value through profit or loss- note 33.1 730 36,820
Fair value adjustment on investments classified as fair value
through profit or loss 30 48,026

Income from assets other than financial assets

Rental income (net of related expenses Rs 104,532 thousand;
2020: Rs 116,329 thousand) 324,333 212,999
Crude oil transportation income 330,084 93,533
Gas processing fee 8,426 30,021
Gain on sale of property, plant and equipment 28,230 5,931
Gain on sale of stores and scrap 48,867 3,685
Confiscation of equipment security deposit 17,599 10,106
Recovery against investment -TDRs written off in prior years 8,000 11,000
Others 12,339 3,612

1,516,730 4,476,037

33.1 Dividend on Investments classified as fair
value through profit or loss

Meezan Sovereign Fund 361 68
Pakistan Cash Management Fund 54 86
Alfalah GHP Money Market Fund - 13,547
Atlas Money Market Fund 1 2
UBL Liquidity Plus Fund 186 302
ABL Cash Fund - 14,954
HBL Cash Fund - 1,520
NAFA Money Market Fund - 6,035
Atlas Income Fund 128 306

730 36,820

222 PAKISTAN OILFIELDS LIMITED