Page 241 - Pakistan Oilfields Limited - Annual Report 2021

NOTES TO AND FORMING

PART OF THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2021

Basis of 2021 2020
Relationship
Rupees (‘000)
Attock Petroleum Limited 7.0175%
Purchase of fuel and lubricants share holding 601,870 1,199,115
Sale of solvent oil & common 188,811 220,477
Rental income directorship 785 493
Purchase of services 635 586
Purchase of goods 392 347
Reimbursment of expenses incurred by 28,549 24,065
POL on behalf of APL
Dividend received 45,401 104,771
Profit Disbursement 599 658

Attock Information Technology (Private) Limited Common
Purchase of services directorship 58,681 60,821

Attock Cement Pakistan Limited Common
Purchase of services directorship 6 438
Sale of services - 266

Attock Hospital (Private) Limited Common
Purchase of medical services directorship 16,820 16,496

Attock Leisure and management Associates Common
(Private) Limited directorship
Purchase of services 4,789 3,774
Other associated entities
Dividend paid 7,849 16,427

Other related parties

Remuneration of Chief Executive, Directors
Honorarium & Key Management personnel
including benefits & perquisites 149,115 145,534

Dividend paid to key management personnel 158,567 149,940

Contribution to staff retirement benefits plans
Management Staff Pension Fund and 86,631 86,911
Gratuity Fund
Approved Contributory Provident Funds 31,262 30,494

Contribution to Workers' Profit Participation Fund 1,169,275 1,105,851

ANNUAL REPORT 2021 239