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2000

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Annual Report
2000

Company Information
Directors' Report
Balance Sheet
Profit and Loss Account
Cash Flow Statement
Statement of Changes

Profit And Loss Account
For The Year Ended September 30, 2000

Note

2000

1999

Rs.000s

Sales

25

4,516,744

4,362,814

Cost of sales

26

3,383,219

3,719,909



Gross Profit

1,133,525

642,905

Administrative expenses

27

146,046

124,179

Selling expenses

28

128,024

88,131

274,070

212,310



Operating Profit

859,455

430,595

Other income

29

4,942

4,939



864,397

435,534

Financial charges

30

202,560

243,158

Workers' profit participation fund

33,092

9,619

Workers' welfare fund

2,944

991

238,596

253,768



Profit for the year before taxation

625,801

181,766

Provision for taxation

31

67,650

27,000



Profit for the year after taxation

558,151

154,766

Unappropriated profit brought forward

32

89,657

2,119



Profit available for appropriation

647,808

156,885

Appropriations

Proposed dividend @ Rs. 7/- (1999: Rs.2.50) per share

238,513

71,565

General reserve

400,000

80,000

638,513

151,565



Unappropriated profit carried forward

9,295

5,320



Earnings per share (Rs.)

33

16.38

5.41

The annexed notes form an integral part of these accounts.

Iqbal Ali Mohammed

Jawaid Iqbal

Chief Executive

Director

 

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