ENTERPRISE OF THE

FUTURE

Driven by our futuristic approach, and triggered by our core philosophy of Resilience, Resolve and Perseverance, we keep embarking at much broader horizons of industrial modernization. Today, we celebrate our corporate magnificence that spans over 74 years.

AWARDS & ACCOLADES

Largest Tax

Global Diversity &

36th Management

Payer Award

Inclusion Benchmark

Association of

Award

Pakistan Award

TABLE OF CONTENTS

04

Pakistan Tobacco Company Limited

05

06

08

10

12

Our Footprint

Corporate InformationBAT p.l.c.'s Geographical Spread

BAT Group OverviewBAT p.l.c.'s Purpose

13

14

BAT p.l.c.'s ETHOSBAT p.l.c.'s Nine-Step Business Model

Our Achievements

16

18

Afforestation

Championing Excellence in Water Stewardship

20

Accelerating Our Green Energy Journey

21

22

23

Modern Oral JourneyDunhill MigrationIWS Certification

24

25

Digitizing OperationsRealCheck

Management

26

27

Illicit Trade

Securing Enterprise of the Future

28

30

32

Operational ExcellenceMarketing Performance ReviewFostering Future Fit Employees

34

Enabling the Enterprise of the Future

35

36

38

Product PortfolioESG

Organisational Structure

40

44

Board of DirectorsCommittees of Board

48

Tackling COVID

49

Standards of Business Conduct and Ethical Principles

52

53

54

Chairman's ReviewMD / CEO's MessageDirector's Report

64

Summary of Statement of Profit or Loss, Financial Position & Cash Flows

65

Cash Flow Analysis

02

66

Performance Indicators

Ratios For 6 Years

67

68

Analysis of Performance IndicatorsNotice of the Annual General Meeting

72

74

Statement of ComplianceIndependent Auditors' Review Report

Financial Statements

76

Independent Auditors' Report

85

80

Statement of Profit or LossNotes to the Financial Statements

81

82

Statement of Comprehensive IncomeStatement of Financial Position

83

Statement of Changes in Equity

84

Statement of Cash Flows

Consolidated Financial Statements

130

Chairman's Review (Consolidated Accounts)

131

Director's Report (Consolidated Accounts)

140

144

Independent Auditors Report (Consolidated Accounts)Consolidated Statement of Profit or Loss

145

Consolidated Statement of Comprehensive Income

146

Consolidated Statement of Financial Position

147

Consolidated Statement of Changes in Equity

148

Consolidated Statement of Cash Flows

149

193

202

Notes to the Consolidated Financial StatementsPattern of ShareholdingDirector's Report (Urdu)

206

Notice of Annual General Meeting (Urdu)

207

Glossary and Definitions

ENTERPRISE OF THE

209

Form of Proxy

FUTUREAnnual Report 2021

210

Form of Proxy (Urdu)

03

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Pakistan Tobacco Company Ltd. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 09:33:03 UTC.