Page 3 - Pakistan Oilfield Limited - Annual Report 2022

Contents

Financial Highlights | 2 Analysis of Performance Indicators | 114
Vision & Mission | 4 DuPont Analysis | 115
Strategy | 6 Quarter Review | 116
Core Values | 7 Quarter Analysis | 118
Code of Conduct | 8 Statement of Value Added | 119
Certifications & Recognitions | 10 Annual Financial Review | 120
Policy Statement for Ethics Report of the Audit Committee | 122
and Values (Policies) | 11 Review Report to the Members | 124
Company Policies | 12 Statement of Compliance with the
Global Compact | 20 Code of Corporate Governance | 125
Products | 21
Year at a Glance | 22
Our Legacy | 24 Financial Statements
Organogram | 26 Independent Auditor’s Report on
Business Model | 28 Financial Statements | 131
Oil & Gas Value Chain | 30 Statement of Financial Position | 138
Forward Looking Statement & Future Plan | 32 Statement of Profit or Loss | 140
Strategic Focus and Future Orientation | 34 Statement of Profit or Loss and
Geographical Presence | 36 Other Comprehensive Income | 141
Management Strategic Plans & Statement of Changes in Equity | 142
Resource Allocation | 38 Statement of Cash Flows | 143
Corporate Information | 40 Notes to and Forming Part of the
Group Structure | 41 Financial Statements | 144
Board of Directors | 43
Profile of the Board of Directors | 44
Board Committees | 48 Consolidated Financial
Management Committees | 50 Statements

Independent Auditor’s Report on
Consolidated Financial Statements | 193
Chairman’s Review | 53
Consolidated Statement of Financial Position | 200
Directors’ Report | 55 Consolidated Statement of Profit or Loss | 202
Consolidated Statement of Profit or Loss and other
| 97 Comprehensive Income | 203
Other Corporate Governance | 98 Consolidated Statement of Changes in Equity | 204
Developed & Undeveloped Reserves | 99 Consolidated Statement of Cash Flows | 205
SWOT Analysis | 100 Notes to and Forming Part of the
Performance Indicators | 102 Consolidated Financial Statements | 206
Performance Indicators Infographics | 104 Pattern of Shareholding | 260
Key Performance Indicators | 107
Vertical Analysis | 108 Notice of Annual
Horizontal Analysis | 110
Balance Sheet Composition | 112 General Meeting (AGM) | 265
Profit or Loss & Glossary | 269
Cash Flow Analysis | 113 Forms