DANDOT CEMENT COMPANY LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED SEPTEMBER 30, 2006 ( UN-AUDITED )
Third Quarter ended September September
Mar.2006 Mar.2005 2006 2005
(Rupees in thousand) (Rupees in thousand)
Note (Rupees in thousand) ( Rupees in thousand ) Rs.(000)  
SALES (Net)    (354,216)     93,946  (354,216)   211,979  308,334  (392,114)   255,823        246,893        321,606
COST OF SALES 4  (210,387)   166,079  (210,387)   240,739  251,572  (234,263)   250,261        287,925        263,279
                 
GROSS (LOSS) / PROFIT   (143,829)    (72,133)  (143,829)    (28,760)    56,762  (157,851)      5,562         (41,032)          58,327
OPERATING EXPENSES
Administration and general    (19,274)      2,303    (19,274)      4,705    15,774    (18,276)      4,492          10,509          14,105
Distribution cost          (559)         269        (559)         644         749     (1,341)         592              800              735
    19,833     (2,572)     19,833     (5,349)   (16,523)     19,617     (5,084)         (11,309)         (14,840)
                 
OPERATING (LOSS) / PROFIT   (123,996)    (74,705)  (123,996)    (34,109)    40,239  (138,234)         478         (52,341)          43,487
Financial Charges       11,254    (29,269)     11,254    (20,416)   (23,242)     14,981    (16,011)         (23,063)         (17,689)
 
Other income / (charges) 5    (11,779)      8,318    (11,779)     (8,955)      5,231    (28,687)    (13,855)         (10,214)          10,625
                 
PROFIT / (LOSS) BEFORE TAXATION  (124,521)    (95,656)  (124,521)    (63,480)    22,228  (151,940)    (29,388)         (85,618)          36,423
TAXATION - Current     (1,775)         449     (1,775)      1,066      1,541     (1,979)      1,288           1,249           1,384
       
NET PROFIT / (LOSS) AFTER TAXATION #REF! #REF! #REF! #REF! #REF! #REF! #REF!         (86,867)          35,039
Accumulated loss brought forward ######## ######## ######## ######## ######## ######## ########    (1,134,936)    (1,157,950)
Incremental depreciation due to revaluation of fixed assets
    For the period     (8,680)     45,058     (8,680)     40,274      6,197     (6,998)     35,117          18,174          19,363
       
Accumulated loss carried to balance sheet #REF! #REF! #REF! #REF! #REF! #REF! #REF!    (1,203,629)    (1,103,548)
Earning / (Loss) per share - Basic ( Rupees )         (0.29)       (3.45)       (3.65)       (0.29)        2.15 #REF!       (0.45)            (1.28)             0.52
 
     
CHIEF FINANCIAL OFFICER  DIRECTOR                      CHIEF EXECUTIVE
Statement under Section 241(2) of the Companies Ordinance, 1984
These Financial Statements have been signed by two Directors instead of Chief Executive and one Director as the Chief Executive is not in Pakistan for the time being.
A.SHOEB PIRACHA  M.TOUSIF PERACHA 
     DIRECTOR DIRECTOR   DIRECTOR