MAPEL CEMENT CO

BALANCE SHEET
2011
Note
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES
Authorised capital
Issued, Subcribed and paid- up capital
Resetrves
(accumulated loss)/ unappropriated profit

7.1
7.2
8

SHARE DEPOSIT MONEY

SURPLUS ON REVALUATION OF PRPERTY,
PLANT AND EQUIPMENT

NON-CURRENT LIABILITIES
loans from related parties
long term loans and finances
Reedemable capital
syndicated term finances
liabilities against assset subject to fianance lease
lease fianance advances and accrued interest thereon
Long term deposits
Deffered taxation
Employees compensated absences
Employees benefits

7,000,000
5,803,458
3,306,480
-5,976,651
3,133,287
-

5,548,120

9
10
11
12
13
14
15
16
17

2,557,185
7,983,000
1,497,000
464,366
5,569
2,114,100
19,149
-

CURRENT LIABILITIES
Current Portion of :
-Long term loans and fianance
- syndicated term fianances
-Liabilities against assets subject to fianance lease
- Redeemable capital

10
12
13
11

448,473
1,200
620,161
306,800

Short term fianances

Trade and other payables
Accrued profit and interest /mark-up
Dividends

18
19
20
21

4,084,666
4,115,879
791,161
-

CONTINGENCIES AND COMMITMENT

22

ASSETS
NON-CURRENT ASSETS
Property, Plant and equipment
Intangible assets
Loans to employees
Deposits and prepayments

23
24
25
26

28,203,393
17,591
2,531
52,036
200
28,275,751

27
28
29
8.2
30
31
32
33
34
35
36
37
38

3,032,946
539,084
560,103

Long term investment

CURRENT ASSETS
Stores, Spares and Loose tools
Stock in trade
Trade debts
Fair Value derivative financial instrument
loans and advances
Investments
Deposits and short term prepayments
Accrued profit
Sales tax, customs and excise duty
Due from gratuity fund trust
other receivables
Taxation- net
Cash and bank balances
due from subsidary company

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED JUNE 30,

145,061
20,950
121,896
890
16,797
98,152
206,506
288,170
383,934
5,414,365
33,690,116

NOTE

Sales
Cost of sales
Gross profit
Administrative expences
Distribution cost
Other operaitng expenses

39
40

Other operating ncome

44

450,153
585,498

Finance cost
Loss befor taxation

45

-2,166,409
-1,580,911

Taxatin

41
42
43

13,073,218
10,898,059
2,175,159
-230,788
-1,646,632
-162,394
-2,039,814
135,345

Current
Deferred

37
16

-188,125
-1,769,036

46

-3.72

(Loss)/ Profit after taxation

Loss per share - basic

2010

2009

2008
(Rupees in thousand)

2007

7,000,000
4264108
4180433
-4310333
4134208
1000000

7,000,000
4,264,108
4,127,277
-1,673,584
6,717,801
-

5,000,000
4,264,108
4,644,355
-547,574
8,360,889
-

5,000,000
4,264,108
4,457,328
271,601
8,993,037
-

1100808
8289800
1498200
700743
2739
19629
6864
11618783

826,614
7,200,000
862,214
2,580
69,755
18,990
8,980,153

480231
1200
379198

128,889
1500000
302,609
800,000

1,080,000
188,011
-

1,792,519
13,858
-

4060838
3491872
921812
-

4,382,322
2,407,870
441,194
9,962,884

3,369,738
2,495,559
194,568
54,588
7382464

797,585
719,311
378,675
54,539
3,756,487

6800

25,660,838

35,224
250,000
241,539 8,576,657
8,000,000
1,000,000
957,434
268,040
679,676
2,582
2,702
154,741
897,183
16,688
13,192
10,408,208 10,687,450

26,151,561 23,436,974

21035368
1774
3293
51573
200
21092208

20,381,478
7,332
5,666
51,485

20,081,448 19,330,866
15,082
4,578
6,121
6,373
54,014
43,200

20,445,961

20,156,665 19,385,017

2407410
504718
751400
266642
472338
121824
656
16797
91178
296506
73265

2,936,194
650,914
682,244
78,254
406,563
143306
983
16,797
8,184
29,448
162,058
99932

5002734
26094942

5,214,877
25,660,838

3,325,744
433,925
743,366
365,748
82,814
734,859
54,532
763
57,769
9,768
21,780
44,907
118,894

2,014,580
369,709
194,587
242,226
85,544
944,669
15,373
402
37,742
8,539
1,198
14,029
123,359

5,994,869 4,051,957
26,151,561 23,436,974

2009

2008

2007

13630511
10691883
2938628
194,161
3,152,889
158,641
3,505,691
-567,063

15,251,374
10,296,865
4,954,509
151,584
2,339,833
42,251
2,533,668
2,420,841

7,815,829
6,491,999
1,323,830
121,236
834,849
24,838
980,923
342,907

3,711,081
3,401,188
309,893
67,291
69,021
18,371
154,683
155,210

57,031
-510,032

61,749
2,482,590

105,656
448,563

43,224
198,434

2,059,476
-2,569,508

3,400,241
-917,651

1,812,807
-1,364,244

338,453
-140,019

103,122
-88,675
14,447
-2,583,955

64321
998
65319
-982970

-7

-2.78

44,815
-9,477
-732,924
-172,589
-688,109
-182,066
-676,135
42,047
Rupees
-1.96
0