Page 228 - Pakistan Oilfield Limited - Annual Report 2022

226
PAKISTAN OILFIELDS LIMITED

Notes to and Forming Part of the -
Consolidated Financial Statements

For the year ended June 30, 2022

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

Share in joint operations
operated by others

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 805,305 886,700 742,686 742,686
16,927,545 16,255,931 12,792,486 11,728,623

*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)
13.3 The depreciation charge has
been allocated as follows:
Operating costs 1,488,825 1,475,925
Administrative expenses 24 40
1,488,849 1,475,965

13.4 Particulars of Group'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
Rawalpindi - Adhi 4.77