Page 233 - Pakistan Oilfield Limited - Annual Report 2022

231
Annual Report 2022

Attock Information Technology
National Refinery Limited Attock Petroleum Limited
Services (Pvt) Limited
2022 2021 2022 2021 2022 2021
Rupees ('000) Rupees ('000) Rupees ('000)

Summarised financial position
Current assets 69,590,902 36,192,216 78,375,032 44,210,980 413,769 359,765
Non- current assets 33,115,406 39,489,300 17,976,013 17,686,905 86,994 75,656
Current liabilities 61,869,415 42,919,804 51,685,732 31,795,455 18,925 22,119
Non- current liabilities 1,017,535 1,174,325 7,346,158 7,381,496 6,334 5,885
Net assets 39,819,358 31,587,387 37,319,155 22,720,934 475,504 407,417
Reconciliation to carrying
amounts:
Net assets as at July 1 31,587,791 29,837,690 22,720,934 18,446,021 407,416 350,876
Profit for the year 9,079,013 1,770,100 18,536,343 4,919,632 68,088 56,540
Other comprehensive (loss)/income (47,376) (19,999) (6,576) 2,244 - -
Dividends paid (799,666) - (3,931,546) (646,963) - -
Net assets as at June 30 39,819,762 31,587,791 37,319,155 22,720,934 475,504 407,416

Group's percentage shareholding in 25% 25% 7.0175% 7.0175% 10% 10%
the associate
Group's share in net assets 9,954,941 7,896,948 2,618,872 1,594,442 47,550 40,742

Excess of purchase consideration
over carrying
amount at the date of acquisition 6,371,355 6,371,355 1,242,982 1,242,982 - -
Proportionate share in carrying value
of net assets before impairment 16,326,296 14,268,303 3,861,854 2,837,424 47,550 40,742

Impairment (5,790,702) (3,808,877) - - - -
Carrying amount of investment 10,535,594 10,459,426 3,861,854 2,837,424 47,550 40,742

Summarised statements of
comprehensive income
Net revenue 251,875,728 139,625,198 370,074,929 188,645,375 161,769 151,297

Profit for the year 9,079,013 1,770,100 18,536,343 4,919,632 68,088 56,540
Other comprehensive (loss)/income (47,376) (19,999) (6,576) 2,244 - -
Total comprehensive income 9,031,637 1,750,101 18,529,767 4,921,876 68,088 56,540
Dividend received from associates 199,917 - 275,896 45,401 - -