Page 174 - Pakistan Oilfield Limited - Annual Report 2022
P. 174

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             PAKISTAN OILFIELDS LIMITED
             Notes to and Forming Part of the

             Financial Statements


             For the year ended June 30, 2022



                                                                                    2022              2021
                                                                         Note            Rupees ('000)
             26.1     Auditor's remuneration

                      Statutory audit                                                   2,311            2,150
                      Review of half yearly accounts, audit of consolidated
                      accounts, staff funds, special certifications                     2,154            2,111
                      Tax services                                                      6,000            5,000
                      Out of pocket expenses                                             421               666
                                                                                       10,886            9,927

             27.      FINANCE COSTS - NET

                      Provision for decommissioning costs                9.2
                       - Unwinding of discount                                      1,258,353        1,123,961
                       - Exchange loss / (gain)                                     4,282,697         (869,170)
                      Banks' commission and charges                                     7,492            4,812

                                                                                    5,548,542          259,603

             28.      OTHER CHARGES
                      Workers' Profit Participation Fund                            1,557,700        1,169,110
                      Workers' Welfare Fund                                           468,670          376,213

                                                                                     2,026,370        1,545,323
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