Page 163 - Pakistan Oilfield Limited - Annual Report 2022

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Annual Report 2022

12.2 Cost and accumulated depreciation include:
Cost Accumulated depreciation
2022 2021 2022 2021
Rupees (‘000) Rupees (‘000)
Share in joint operations operated
by the Company 1,540,222 1,527,824 1,366,181 1,340,656
Assets not in possession of the
Company
Share in joint operations operated
by following

MOL Pakistan Oil and Gas Company
B.V. 12,119,964 11,446,923 9,150,286 8,309,256
Ocean Pakistan Limited 75,842 74,383 63,140 64,411
Oil and Gas Development
Company Limited 74,175 74,175 57,236 52,068
Pakistan Petroleum Limited 2,312,037 2,245,926 1,412,957 1,219,546
14,582,018 13,841,407 10,683,619 9,645,281

Gas cylinders - in possession of
distributors* 786,673 776,134 668,329 642,538

16,908,913 16,145,365 12,718,129 11,628,475
*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.
2022 2021
Rupees ('000)
12.3 The depreciation charge has been allocated as follows:

Operating cost - Note 23 1,479,545 1,466,825
12.4 Particulars of Company'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