Page 15 - Condensed Interim Financial Statements - for the nine months ended March 31, 2024

Condensed Interim Statement of Cash Flows (Unaudited)
For the nine months ended March 31, 2024

Nine months ended
Note Mar. 31, 2024 Mar. 31, 2023
Rupees ('000)
CASH FLOWS FROM OPERATING ACTIVITIES

Cash receipts from customers 43,661,734 41,447,434
Operating and exploration costs paid (7,480,130) (9,078,935)
Royalty paid (5,852,441) (5,196,771)
Taxes paid (10,103,020) (11,416,236)
Cash provided by operating activities 20,226,143 15,755,492
CASH FLOWS FROM INVESTING ACTIVITIES

Capital expenditure (9,132,947) (3,592,734)
Proceeds from disposal of property, plant and equipment 756 (2,946)
Income on bank deposits and investments at amortised cost 11,134,685 6,602,320
Investments in mutual funds - net (25,107,984) -
Dividend income received 744,882 633,183
Cash used in investing activities (22,360,608) 3,639,823

CASH FLOWS FROM FINANCING ACTIVITIES
Dividend paid (22,103,496) (10,116,263)

EFFECT OF EXCHANGE RATE CHANGES (1,811,814) 14,388,077

INCREASE IN CASH AND CASH EQUIVALENTS (26,049,775) 23,667,129
CASH AND CASH EQUIVALENTS AT JULY 01, 105,150,912 67,722,676

CASH AND CASH EQUIVALENTS AT MAR. 31, 79,101,137 91,389,805

CASH AND CASH EQUIVALENTS
Short term investment 16,967,359 22,138,727
Cash and bank balances 62,133,778 69,251,078
79,101,137 91,389,805

The annexed notes 1 to 28 form an integral part of these condensed interim financial
statements.

Khalid Nafees Shuaib A. Malik Abdus Sattar
CFO Chief Executive Director

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