Page 164 - Pakistan Oilfield Limited - Annual Report 2022

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PAKISTAN OILFIELDS LIMITED
Notes to and Forming Part of the

Financial Statements

For the year ended June 30, 2022

12.5 Capital work in progress
Buildings Plant and Computers Total
machinery / and software
Pipelines and development
pumps
Rupees ('000)

Balance as at July 1, 2020 1,140 482,760 1,662 485,562
Additions during the year 6,712 175,640 24 182,376
Transfers during the year (3,455) (111,860) (1,686) (117,001)

Balance as at June 30, 2021 4,397 546,540 - 550,937

Balance as at July 1, 2021 4,397 546,540 - 550,937
Additions during the year 521 383,277 - 383,798
Transfers during the year - (451,995) - (451,995)
Balance as at June 30, 2022 4,918 477,822 - 482,740

2022 2021
Rupees ('000)

12.6 Break up of capital work in progress at
June 30 is as follows:

Own fields 6,102 7,822
POLGAS plant 8,908 8,908

Share in joint operations operated by the Company
Pindori Joint Operation - 323

Share in joint operations operated by others
MOL Pakistan Oil and - TAL Block 21,013 86,235
Gas Company B.V. - Margala Block 3372-20 269 269
Oil and Gas Development - Jhal Magsi D&P Lease 446,448 447,380
Company Limited

482,740 550,937