| DANDOT CEMENT COMPANY LIMITED | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||
| FOR THE PERIOD ENDED SEPTEMBER 30, 2005 (un-audited) | ||||||||
| 1. | These financial statements have been prepared in accordance with the requirements of International Accounting Standard (IAS) 34 "Interim Financial Reporting". The accounting policies adopted in these accounts are the same as those applied in the preparation of the preceding annual published accounts. | |||||||
| 2. | Figures have been rounded off to the nearest thousand rupees and figures of previous year have been rearranged wherever necessary to facilitate the comparison. | |||||||
| 3. | CONTINGENCIES AND COMMITMENTS | |||||||
| Contingencies and commitments are unchanged since last published accounts. | ||||||||
| September | September | |||||||
| 2005 | 2004 | |||||||
| (Rupees in thousand) | ||||||||
| 4 | COST OF SALES | |||||||
| Raw materials consumed | 28,295 | 21,731 | ||||||
| Salaries, wages and benefits | 35,680 | 32,922 | ||||||
| Fuel, gas and electricity | 142,811 | 142,247 | ||||||
| Stores and spares | 6,032 | 7,951 | ||||||
| Rent, rates and taxes | 43 | 67 | ||||||
| Vehicle running and maintenance | 2,388 | 2,428 | ||||||
| Packing material | 14,502 | 17,797 | ||||||
| Depreciation | 24,275 | 25,789 | ||||||
| Others | 7,829 | 4,227 | ||||||
| 261,855 | 255,159 | |||||||
| Adjustment of work in process | 1,354 | (5,074) | ||||||
| Cost of goods manufactured | 263,209 | 250,085 | ||||||
| Adjustment of finished goods | 70 | (3,345) | ||||||
| 263,279 | 246,740 | |||||||
| 5. | DATE OF AUTHORISATION | |||||||
| These financial statements were authorised for issue on October 27, 2005 by the Board of Directors of the company. | ||||||||
| A.SHOEB PIRACHA | SHAFFI UDDIN PERACHA | |||||||
| DIRECTOR | CHIEF EXECUTIVE | |||||||