| DANDOT CEMENT COMPANY LIMITED |
| PROFIT AND LOSS ACCOUNT |
| FOR THE PERIOD ENDED DECEMBER 31, 2004 ( UN-AUDITED ) |
| |
|
|
|
|
|
Third Quarter Ended |
Second Quarter ended |
|
Jul.2004 to Dec.2004 |
|
Jul.2003 to Dec.2003 |
| |
|
|
|
|
|
Mar.2004 |
|
Mar.2003 |
Dec.2004 |
|
Dec.2003 |
|
|
| |
|
|
|
|
Note |
(Rupees in thousand) |
(Rupees in thousand) |
|
(Rupees in thousand) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SALES (Net) |
|
|
|
|
308,334 |
|
93,946 |
308,334 |
|
234,129 |
|
601,109 |
|
426,275 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COST OF SALES |
|
|
|
4 |
251,572 |
|
166,079 |
251,572 |
|
236,622 |
|
498,312 |
|
449,466 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| GROSS PROFIT / (LOSS) |
|
|
|
56,762 |
|
(72,133) |
56,762 |
|
(2,493) |
|
102,797 |
|
(23,191) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPERATING EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Administration and general |
|
|
5 |
15,774 |
|
2,303 |
15,774 |
|
5,480 |
|
29,783 |
|
9,110 |
| Selling and distribution |
|
|
|
749 |
|
269 |
749 |
|
708 |
|
1,359 |
|
1,255 |
| |
|
|
|
|
|
(16,523) |
|
(2,572) |
(16,523) |
|
(6,188) |
|
(31,142) |
|
(10,365) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPERATING PROFIT / (LOSS) |
|
|
|
40,239 |
|
(74,705) |
40,239 |
|
(8,681) |
|
71,655 |
|
(33,556) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial Charges |
|
|
|
|
(23,242) |
|
(29,269) |
(23,242) |
|
(18,141) |
|
(34,317) |
|
(37,696) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other income / (charges) |
|
|
|
5,231 |
|
8,318 |
5,231 |
|
(15,508) |
|
1,565 |
|
(17,099) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Workers' profit participation fund |
|
|
|
|
|
|
(1,945) |
|
- |
|
(1,945) |
|
- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Mark up waiver due to settlement aggrement |
|
- |
|
- |
- |
|
37,330 |
|
- |
|
65,307 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| PROFIT / (LOSS) BEFORE TAXATION |
|
|
22,228 |
|
(95,656) |
20,283 |
|
(5,000) |
|
36,958 |
|
(23,044) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TAXATION - Current |
|
|
|
|
1,541 |
|
449 |
1,541 |
|
1,182 |
|
3,024 |
|
2,143 |
| |
Deffered |
|
|
|
|
|
|
|
(126,868) |
|
26,042 |
|
(126,868) |
|
26,042 |
| |
|
|
|
|
|
|
|
|
(125,327) |
|
27,224 |
|
(123,844) |
|
28,185 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NET PROFIT / (LOSS) AFTER TAXATION |
|
|
#REF! |
|
#REF! |
145,610 |
|
(32,224) |
|
160,802 |
|
(51,229) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accumulated loss brought forward |
|
|
######## |
|
######## |
(1,251,498) |
|
(1,369,820) |
|
(1,287,347) |
|
(1,391,089) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Incremental depreciation due to revaluation of fixed assets |
|
|
|
|
|
|
|
|
|
|
| For the period |
|
|
|
|
6,197 |
|
45,058 |
6,197 |
|
12,082 |
|
26,854 |
|
52,356 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accumulated loss carried to balance sheet |
|
|
#REF! |
|
#REF! |
(1,099,691) |
|
(1,389,962) |
|
(1,099,691) |
|
(1,389,962) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earning / (loss) per share - Basic ( Rupees ) |
|
(0.29) |
|
(3.45) |
2.15 |
|
(1.16) |
|
2.37 |
|
(1.84) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CHIEF FINANCIAL OFFICER |
|
DIRECTOR |
|
|
|
|
|
|
|
CHIEF EXECUTIVE |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| A.SHOEB PIRACHA |
|
|
|
|
|
|
|
|
|
ABDUR RAFIQUE KHAN |
|
|
| DIRECTOR |
|
|
|
|
|
|
|
|
|
CHIEF EXECUTIVE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|