Page 226 - Pakistan Oilfield Limited - Annual Report 2022

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PAKISTAN OILFIELDS LIMITED

Notes to and Forming Part of the -
Consolidated Financial Statements

For the year ended June 30, 2022

2022 2021
Rupees ('000)
12.3 Capital expenditure commitments outstanding

POL

Share in joint operations 13,792,446 7,059,703
Own fields 5,047,000 -
Letter of credit issued by banks on behalf of POL 380,001 95,164
NRL

Commitments outstanding for capital expenditure 166,330 87,925

APL

Commitments outstanding for capital expenditure/ import
of petroleum products against letter of credit facility 802,804 666,392

AITSL

Commitments outstanding for capital expenditure 205 596

13. PROPERTY, PLANT AND EQUIPMENT

Operating assets - note 13.1 6,272,321 6,170,079
Capital work in progress - note 13.5 483,582 552,063
6,755,903 6,722,142