Page 188 - Pakistan Oilfield Limited - Annual Report 2022

186 187
PAKISTAN OILFIELDS LIMITED
Notes to and Forming Part of the

Financial Statements

For the year ended June 30, 2022

Basis of Relationship 2022 2021
Rupees ('000)
Attock Petroleum Limited 7.0175% share
Purchase of fuel and lubricants holding & common 993,916 601,870
Sale of solvent oil directorship 285,063 188,811
Rental income 1,186 785
Purchase of services 613 635
Purchase of goods 1,753 392
Reimbursement of expenses incurred 31,354 28,549
by POL on behalf of APL
Dividend received 275,896 45,401
Profit Disbursement 1,074 599
Attock Information Technology Common
(Private) Limited directorship
Purchase of services 63,481 57,786
Attock Cement Pakistan Limited Common
Purchase of services directorship - 6
Attock Hospital (Private) Limited Common
Purchase of medical services directorship 17,322 16,820
Attock Leisure and Management Common
Associates (Private) Limited directorship
Purchase of services 8,480 4,789
Attock Energy (Private) Limited Common
Purchase of services directorship 2,091 -
Other associated entities
Dividend paid 9,259 7,849

Other related parties
Remuneration of Chief Executive, 163,654 149,115
Directors Honorarium & Key
Management personnel including
benefits & perquisites
Dividend paid to key management personnel 164,568 158,567

Contribution to staff retirement benefits plans
Management Staff Pension Fund 91,399 86,631
and Gratuity Fund
Approved Contributory Provident Funds 31,873 31,262

Contribution to Workers' Profit Participation Fund 1,557,700 1,169,110