Gharibwal Cement : Transmission of Quarterly Report for the Period Ended September 30, 2022

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED)

AS AT SEPTEMBER 30, 2022

		Un-Audited		Audited
		30-09-2022		30-06-2022
	Note	(Rupees in 000s)
ASSETS
NON CURRENT ASSETS
Property, plant and equipment	5	19,086,609	18,870,620
Intangible asset		3,980	5,727
Loan and advances	8	9,874	6,624
Deposits		47,253		47,253
		19,147,716	18,930,224
CURRENT ASSETS
Inventories	6	4,018,044		4,561,373
Trade and other receivables	7	738,745		483,277
Loan and advances	8	594,209		596,609
Deposits		39,440		34,848
Prepayments		213,001		196,608
Advance income tax -net		136,442		298,025
Cash and bank balances		1,261,675		1,098,126
		7,001,556		7,268,866
TOTAL ASSETS		26,149,272	26,199,090
EQUITY AND LIABILITIES
EQUITY
Share capital		4,002,739	4,002,739
Revaluation surplus on property, plant and equipment		4,194,202	4,283,107
Retained earnings		8,686,029		8,561,778
		16,882,970	16,847,624
NON CURRENT LIABILITIES
Borrowings		518,466		643,371
Deferred taxation		4,472,979		4,579,644
Employees' benefits obligations		15,577		16,149
		5,007,022		5,239,164
CURRENT LIABILITIES
Trade and other payables		2,425,391		2,485,379
Borrowings		692,658		845,877
Lease liability		2,476		5,487
Markup and profit payable		122,784		119,580
Employees' benefits obligations		607,917		582,227
Contract liabilities		225		55,084
Dividend payable/unclaimed		407,829		18,668
		4,259,280		4,112,302
CONTINGENCIES AND COMMITMENTS	9
TOTAL EQUITY AND LIABILITIES		26,149,272	26,199,090
The annexed notes form an integral part of these financial statements.

CHIEF EXECUTIVE OFFICER

CHIEF FINANCIAL OFFICER

DIRECTOR