sui southern gas company limited · 2017. 6. 9. · sui southern gas company limited 163...

161

-AI

Sui Southern Gas

Company Limited

Unconsolidated condensed interim fin ncial information

nine months ended ber302013

SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM BALANCE SHEET (UN-AUDITED) AS AT SEPTEMBER 30 2013 162

ASSETS

Non-current assets

Property plant and equipment

Intangible assets

Long term investments

Net investment in finance lease

long term loans and advances

long-term deposits

Total non-current assets

Current assets

Stores spares and loose tools

Stock-in-trade

Current maturity of net inveslment in finance lease

Customers installation work-in-progress

Trade debts

Loans and advances

Trade deposits and short term prepayments

Interest accrued

Other receivables

Taxation - net

Cash and bank balances

Total current assets

Total assets

The annexed notes from 1 to 27 form an integral part of these information

CFCJ

Note

6

7

8

9

~

September 30 June 30 2013 2013

(Un-audited) (Audited) (Restated)

-------(Rupees in 000)-------shy

677Q7126

10957

1095087

665271

153485

2274431

567464

1to161

174994 -

78787559

2107205

258361

56694~9

42348833

2075622

ampQ66042

140440141

210254597

67736338

124728

1094785

692789

133354

4530

69786524

2165684

628611

110161

173917

76284752

1838483

166288

5529119

36652321

2787665

847680

127184681

196971205

unconsolidated condensed interim financial

Maag7r19Oirector C=gt

163 SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM BALANCE SHEET (UN-AUDITED) AS AT SEPTEMBER 3D 2013

EQUITY AND LIABILITIES

Share capital and reserves Authorised share capital

1000000000 ordinary shares of Rs 10 each

Issued subscribed and paid-up capital

Reserves

Surplus on re-measurement of available for sale securities

Unappropriated profit

Total equity

Surplus on revaluation of fixed assets

LIABILITIES

Non-current liabilities

Long term finance

Long term deposits

Deferred tax

Employee benefits

Deferred credit

Long term advances

Total non-current liabilities

Note

10

11

(

Current portion of long term finance

Short term borrowings

Trade and other payables

Taxation - net

Interest and mark-up accrued

Total current liabilities

Total liabilities

Total equity and liabilities

Contingencies and commitments

12

13

14

September 3D June 3D 2013 2013


--------(Rupees in 000)-------shy

10000000 10000000

8809163 8809163

4907401 4907401

81458 81156

2580279 2084959

16378301 15882679

10251946 10251946

I

24008418

5505325

5322f14

2596600

5 165$869

1147629

middot 44~35955

3599045

-112840129

-22949221

24770608

5260547

5864825

2518454

5747643

1155230

45317307

3597649

4017953

95999207

21904464

139388395 125519273

183624350 170836580

210254597 196971205

The annexed notes from 1 to 27 form an integral part of these unconsolidated condensed interim financial information

Man 9in9 Director

epCJ

164 SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE QUARTER ENDED SEPTEMBER 30 2013

Sales

Sales tax

Gas development surcharge

Net sales

Cost of sales

Gross profit

Administrative and selling expenses

Other operating expenses

Quarter ended September 30 September 30

2013 2012 (Un-Audited)

Note ------------(Rupees in 000)----------shy

44800130 40928723

(6233072) (5786723) 38567058 35142000

920177 132588

39487235 35274588

15 (37920842) (34804380)

1566393 470208

16

Other operating income 17 920906 890322

Operating profit middot760413 127259

Other non-operating income 18 161~575 3398157

Finance cost 19 1 665852 1976785)

Profit before taxation 709136 1548632

Taxation 20 (2t3~816) (547393)

Profit for the period 495320 1001239

Basic I diluted earnings per share (Rupees) 056 middot


Managing Director

erG

114

165

SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENT (UN-AUDITED) FOR THE QUARTER ENDED SEPTEMBER 30 2013

CASH FLOW FROM OPERATING ACTIVITIES

Profit before taxation Adjustments for non-cash and other items Working capital changes Financial charges paid Employee benefits paid Payment for retirement benefits Long term deposits received - net Loans and advances to employees - net Interest income and return on term deposits received Income taxes paid

Net cash from operating activities middot

CASH FLOW FROM INVESTING ACTIVITIES

Payments for property plant and equipment Proceeds from sale of property plant and equipment Short term loan to subsidiary company Lease rental from net investment in finance lease Dividend received

Net cash used in investing activities

CASH FLOW FROM FINANCING ACTIVITIES

Repayments of local currency loans Consumer finance received Repayment of consumer finance Dividend paid

Net cash used in financing activities

Net increase in cash and cash equivalents Cash and cash equivalents at beginning of the period

Cash and cash equivalents at end of the period

Cash and cash equivalent comprises Cash and bank balances



Note -------------(Rupees in middot000)------------shy

709136 21 2548809 22 8199209

(672052) (14718)

(106917) 244778

(288853) 397514 44484

10972422

(1066739) 2082

-92570

24 (972063)

(809526) 65816

(18700) (1634)

(764044)

9236315 (3170273

6066042

6066042 6066042

1548632 803885

1737387 (724223)

(20764) (218110) 144581

(166152) 2440787

44440~ 5501 583

(1878016) 973

(175000) 80019

237 (1971787)

(846190) 1491 953

(1514600) (3541

(869191 )

2660605 1502964

4163569

4163569 4163569


Managing Director

-- 166 SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE QUARTER ENDED SEPTEMBER 30 2013

Profit for the period

Other comprehensive income

Item that may be reclassified subsequently to profit and loss account

- Unrealised gain on re-measurement of available for sale securities

Item that will not be reclassified subsequently to profit and loss account

Total comprehensive income for the period


c ____ shygt

c~o


2013 2012 middot----------(Rupees in 000)----------middot

495320 1001 239

302

495622

unconsolidated condensed

8606

1009845

interim financial

167 SUI SOUTHERN GAS COMPANY LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)

FOR THE QUARTER ENDED SEPTEMBER 30 2013

Issued Surplus on subscribed re-measurement and paid-up Capital Revenue of available for Unappropriated

capital reserves reserves sale securities profit Total

-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy

Balance as at July 1 2012 8809163 234868 4672533 57946 4473742 18248252 - Adjustment note 31 (448288) (448288) Balance as at July 01 2012 (Restated) 8809163 234868 4672533 57946 4025454 17799964


ended September 30 2012


Other comprehensive income for the period ~______~1~~1______~1~1____~8~6~-0~6~1~1____1_0_0_1_23_9~1~__1_O_0~~~~~~~ Total comprehensive income for the period 8606 1001239 1009845

Balance as at September 30 2012 (Restated) 8809163 234868 4672533 66552 5026693 18809809

Balance as at June 30 2013 8809163 234868 4672533 81156 2707554 16505274 - Adjustment note 31 (622595) (622595)

Managing Director

- cc_5gt---- -

cco

Balance as at June 302013 (Restated)

Total comprehensive income for the period ended September 30 2013


Other comprehensive income for the period


Balance as at September 30 2013

8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301

unconsolidated condensed interim financial information

SUI SOUTHERN GAS COMPANY LIMITED 168 NOTES TO THE UNCONSOLIDATED CONDENSED INTERIM FINANCIAL INFORMATION (UNAUDITED) FOR THE QUARTER ENDED SEPTEMBER 2013

1 STATUS AND NATURE OF BUSINESS

11 Sui Southern Gas Limited Company) is a limited incorporated in Pakistan and is listed on the Karachi Lahore and Islamabad Stock Pakistan Stock The main activity of the Company is transmission and distribution of natural gas in Sindh and Balochistan The is also engaged in certain activities related to the gas business including the manufacturing and sale of gas meters and construction contracts for laying of pipelines

12 Regulatory framework

Under the provisions of license given by the Oil and Gas Regulatory Authority (OGRA) the Company is provided a minimum annual return before taxation of 17 per annum of the net average fixed assets (net of deferred credit) for the year excluding financial and other non-operating expenses and non-operating income The determination of annual required return is reviewed by OGRA under the terms of the license for transmission distribution and sale of natural gas targets and parameters set by OGRA Income earned in excess I short of the above guaranteed return is to I recoverable from the Government of Pakistan (GoP) and is adjusted from I to the Gas Development balance to I receivable from the GoP

13 Determination of revenue requirement

131 Revenue requirement for the three months period ended 30 2013 has been determined on the same basis as determined in the annual financial statements for the year ended June 30 2013 which is based on interim relief provided by the Sindh High Court decision in the matter explained below

The Oil and Gas Regulatory Authority (OGRA) in its order dated December 022010 and May 24 2011 treated Royalty Income from Jamshoro Joint Venture Limited Profit from Meter Manufacturing Late and Sale of Gas Condensate as operating income which it had previously allowed as income in its decision dated 24 2010 for the year ended June 302010 OGRA also in its aforesaid decision reduced benchmark of the allowable Unaccounted for Gas (UFG) from 7 to 425 - 5 Aggrieved by the above decision the Company had filed an the decision of the OGRA in the High Court of Sindh (the Court) on which the Court interim relief OGRA was directed to determine the revenue requirements on the same principles as per its decision of 242010 till final order of the Court Also with regard to UFG benchmark OGRA was directed to carry out an impact assessment and submit its report to the Court Therefore the revenue requirement for June 30 2011 was determined based on the relief by the Court

For subsequent years the Company also obtained orders from the Court on the same which were fixed in the interim relief as discussed above and thereafter OGRA considered such in revenue requirement of the Company Management is confident that the final decision of the Court would be in favor of the Company

132 In the Final Revenue Requirement (FRR) lor the years ended June 30 2013 and 2014 the OGRA treated income from royalty (arrears) and income of LPG and NGL as operating income on which the Company filed in the pending Judicial Miscellaneous petitions in the High Court of 8indh that these income should have been treated as non-operating income as it was decided by the Court in previous stay orders while the cases are still to finalised by the Court The Court

lnAn(lAfl the relevant paragraphs of OGRA orders wherein above income were treated as income thus requiring revision of FRR for 2013 and 2014 however no revised FRR has been issued by the OGRA till the date of issue 01 these condensed interim financial information Consequently the impact of the new stay orders have not been taken and the income from

and income of LPG and NGL amounting to Rs 3491 million and Rs 978 million have been treated as income in the condensed interim financial information of the current period

The based on the opinion of its legal counsel intends to the above Court decision enforced and is confident that the OGRA will provide benefit of the aforesaid income to the Company

lAS 19

169 2 BASIS FOR PREPARATION

21 The unconsolidated condensed interim financial information has been nronrltgtfi

requirements of International Accounting Standard Interim Financial and the provisions and directives issued under the 1984 In case where the requirements differ the provisions of and directives issued under the Companies 1984 shall prevail This unconsolidated condensed interim financial information does not include all information for annual audited financial statements and should be read in conjunction with the unconsolidated financial statements of the Company for the year ended June 30 2013

3 Significant accounting policies

The significant accounting and methods of computation applied for the preparation of this unconsolidated condensed interim financial information are the same as those applied in preparation of the annual unconsolidated audited financial statements of the for the year ended June 30 2013 except for change in accounting policy that is enumerated as follows

31 lAS 19 - I=ITIDI()VEe Benefits RirI 2011)

In the current the lAS 19 Employee Benefits (as revised in 2011) and the related consequential amendments for the first time

for defined benefit plans and termination benefits The most n~mlP in defined benefit obligations and plan assets The

in defined benefit obligations and in the fair value of plan assets when they occur and hence eliminate the corridor under the previous versions of lAS 19 and accelerate the of service costs All actuarial and losses are recognised other comprehensive income in order for the net asset or liability recognised in the unconsolidated statement of financial position to reflect the full value of plan deficit or surplus

Furthermore the interest cost and return on assets used in the previous version of lAS 19 are replaced with a net interest amollnt under lAS 19 (as revised in 2011) which is calculated by applying the discount rate to the net defined benefit liability or asset These changes have had an on the amounts recognised in profit or loss and other income in prior years In addition lAS 19 revised in 2011) introduces certain in the of the defined benelit cost including more extensive disclosures

Specific transitional provisions are applicable to first-time application of lAS 19 (Revised 2011) The Company has applied the relevant transitional provisions and restated the comparatives on retrospective basis in accordance with lAS 8 - Accounting in Accounting Estimates and Errors Effect of rotrnarlia

of change in accounting policy is as follows

Amount as reported

Amount restated

Rupees in 000

Effect on statement of in equity as at July 01 2012

(4473742)

Effect on balance sheet as at June 30 2013

mnlmltgtltgt benefits Deferred tax Taxation - net Trade and other OalJarl19S Other receivables

nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500

170 The effect of change in accounting policy due to adoption of lAS 19 - Employee Benefits (Revised 2011) does not have material impact on the profit and loss account and other comprehensive income for the period ended September 302012

During the period actuarial gains flosses have not arisen as the Company has not carried out actuarial valuations as at period end

4 Accounting estimates and judgements

The preparation of financial statements in conformity with the approved accounting standards as applicable in Pakistan requires the management to make estimates assumptions and use judgements that affect the application of policies and the reported amounts 01 assets and liabilities and income and expenses Actual results may differ from these estimates The significant judgments made by the management in applying the Companys accounting policies and the key sources of estimation uncertainty were the same as those that applied to the financial statements for the year ended June 30 2013 except that the charge in respect of staff retirement benefits has been recognised on the basis of actuarials projection for the ensuing year hence it does not include consideration for acturial gains losses which will be determined at the year end Had there been any actuarial gains flosses in this condensed interim financial information the same would have been offered to f claimed from OGRA in determining revenue requirement of the Company Accordingly there will be no impact on the condensed interim statement of comprehensive income of the Company

5 Financial risk management

The Companys financial risk management objectives and policies are consistent with those disclosed in the financial statements as at and for the year ended June 30 2013


(Un-audited) (Audited) --------(Rupees in 000)-------shy

6 PROPERTY PLANT AND EQUIPMENT

Operating assets 60423506 60553768 Capital work-in-progress 7363620 7182570

67787126 67736338

Details of additions and disposals of property plant and equipment are as follows

September 30 September 30 2013 2012

(Un-audited) --------------------------(Ru pees in 000 )-------------------------shy

Written down Written down Cost of value of Cost of value of

additions I (transfers J additions (transfers transfers disposals) transfers disposals)

Operating assets - owned

Leasehold land Buildings on leasehold land Roads pavements and related infrastructures Gas transmission pipelines Gas distribution system Compressors Telecommunication Plant and machinery Tools and equipment Motor vehicles Furniture and fixture Office equipment Computer and ancillary eqUipment

-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)

171 Transfer to Capital Transfer to

expenditure operating expenditure operating incurred assets incurred assets

Capital work-in-progress

Projects - Gas distribution - Gas transmission - Cost of buildings under construction and


(Un-audited) (Audited) in

7 LONG TERM INVESTMENTS

Investment in related Other investments

September 30 June 2013 2013

(Un-audited) Note in 000)-------shy

8 TRADE Considered

- secured - unsecured 81amp 82

Provision debts

81 As K-Electric Limited has been defaulting and not making payment of Late and the Company filed a suit in the High Court of Sindh in November 2012 for recovery of its claim the Company effective from July 01 2012 decided to account for LPS from KE on basis as per lAS 18 Revenue based on opinions from firms of Chartered Accountants

In accordance with the revised accounting treatment the trade debts includes Rs million (June 30 2013 Rs 44303 million) as at December 31 2013 receivables from KE Out of this Rs 41656 million (June 30 2013 Rs 40337 million) as at December 31 2013 are overdue However the claim of the Company from KE amounts to Rs 53399 million (June 302013 Rs million) This amount has been arrived at as per the of the Company to charge LPS to customers who do not make payments

has valid legal claim for recovery of LPS Tfl(1t)tn)r

amount the filed the aforementioned suit against KE amounting to Rs has been filed based on the following grounds

gtnrt)t)Ylt)nt dated June 30 2009 which was entered between the Company and KE for making mt in 18 the Company was entitled to LPS on outstanding principal amount

at rate of

a Hflnt)ltY 00 rate SSGC or b i-lirholtgtr rate at which interest is on gas bills

bull As per the above and as per the audited financial statements of KE as at June 30 2010 KE itself acknowledged and recognized LPS till June 30 2010 in its books of account which confirm managements assertion that the has legal claim over KE for of LPS

1

172 KE also filed case in the Court of Sindh for recovery of damages flosses of Rs 61614 million as KE claimed that the Company had not the committed quantity of natural gas to KE However the counsel of the Company is of the view that claim of KE is not valid and is not as per terms of the agreement where it was that the Company would make excess supply of natural gas if KE would make payments As KE defaulted on many instances in payments on due dates the Company was not bound to excess quantity of natural gas as per terms of the gt111111

MnnOTlPnT has consulted with its counsel who is of the view that the Company has a strong case over recovery of the outstanding amount due to which management considers outstanding balance good and recoverable The counsel also viewed that the Company has a good claim over LPS on outstanding balance but considering that the matter is in as discussed above the Company has decided to recognize LPS from KE when either such claimed amounts are recovered or when these are decreed and their recovery is assured

82 As Pakistan Steel Mills Corporation Limited (PSML) has been defaulting and not making ngtlml~nlof Late Payment Surcharge (LPS) the Company effective from July 01 2012 decided to account for LPS from PSML on basis as per lAS 18 Revenue based on opinions from firms of Chartered Accountants

In accordance with the revised accounting treatment the trade debts includes Rs 13901 million 302013 Rs 12680 million) including overdue balance of Rs 14413 million 30 2013 Rs 12232 million) receivable from PSML However the legal claim of the Company from PSML amounts to Rs 17703 million (June 30 2013 Rs 15507million) This amount has been arrived at as per the practice of the Company to LPS to customers who do not make timely payments

Considering that the Company has valid claim for recovery of LPS together with outstanding principal amount the Company filed a suit in the High Court of Sindh in April 2016 tor recovery of its aggregate claim amounting to Rs 41354 million

Although PSMLs financial position is adverse and it has no to repay its obligations on its own management is confident that the entire amount will be ultimately recovered because PSML is a government-owned entity and is continuously being by the Government of Pakistan

September 30 2013

June 30 2013

9 OTHER RECEIVABLES - considered good Note in

Gas development surcharge receivable from GoP Staff pension fund Balance receivable for sale of gas condensate Sui Northern Gas Pipelines Limited Jamshoro Joint Venture Limited SSGC LPG (Private) Limited Workers Profit Participation Fund Sales tax receivable Pipeline rentals Miscellaneous receivables

91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620

Provision against impaired receivables

91 This includes Rs 390 million (June 30 2013 Rs 390 million) recoverable from the Government of Pakistan on account of remission of gas receivables from people of Ziarat under instructions from GoP Although management is confident that this amount is fully recoverable as a matter of abundant caution full provision has been made in these condensed interim financial information

92 This includes Rs 8229 million (June 30 2013 Rs 3976 million) receivable under the uniform cost of gas agreement with Sui Northern Gas Pipelines Limited and lease rental receivable and recoverable against lease service cost and contingent rent to Rs 306 million (June 30 2013 Rs 109 million)

93 During the period the Supreme Court of Pakistan an order dated December 042013 with respect to the 5 of 2011 and Human Rights Case NO15744 - P of 2009 the Agreement of Badin gas field dated 2003 between the Company and Jamshoro Joint Venture Limited was declared void from the date of its constituted a committee to calculate royalty the LPG extracted to date) on the basis of the Saudi Aramco reference plus instead 01 the Reference Price for the lull during which the Implementation Agreement had been ltlliAn

However the freight cost is yet to be finalised for which the Court has an Advocate Supreme Court to determine the matter which is still pending

173 94 This amount comprises of receivable in respect of royalty income sale of liquefied petroleum gas Federal Excise

Duty and Sindh Sales Tax on Franchise Services amounting to Rs 2533 million (June 30 2013 Rs 2247 million) Rs 493 million (June 30 2013 Rs 312 million) Rs 896 million (June 30 2013 Rs 896 million) and Rs 554 million (June 30 2013 Rs 501 million) respectively

95 Sales tax refunds arise due to uniform purchase price adjustment with SNGPL and zero rating of sales tax on gas sales for various industries Sales Tax refunds are processed through FBRs Sales Tax Automated Refund Repository (STARR) system Due to several snags in the functioning of STARR valid input sales tax claims 01 the Company are deferred Realizing the problems of STARR in August 2010 dispensation from processing of sales tax refunds through the STARR system was allowed by FBR and substantial refunds were released after issuance of this letter under corporate guarantee (subject to post refund audit) However above said dispensation was also withdrawn by FBR in May 2012 After withdrawal of said dispensation the deferred refunds are issued to the Company on the basis of manual verification of documents (third party vendor sales tax returns) by tax authorities The management is making vigorous efforts for realization of these refunds



10 LONG-TERM FINANCE

Secured Loans from banking companies 21262637 22070546

Unsecured Front end fee of foreign currency loan Consumer finance Government of Sindh loans

Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711

Less current portion shown under current liabilities Loans from banking companies Consumer finance Government of Sindh loans

(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608


2013 2012 (Un-audited)

--------(Rupees in 000)-------shy11 DEFERRED CREDIT

- Government contributions I grants

Additions I adjustments during the period I year 7601 Transferred to unconsolidated profit and loss account (52734) (49618)

- Contribution from customers

Transferred to unconsolidated profit and loss account (46641 ) (48875)

12 SHORT TERM BORROWINGS

This represent facilities for short term running finance and short term loan available from various banks amounting to Rs nil (June 30 2013 Rs 4018 million) and subject to mark-up up to 080 (June 30 2013 050) above the average one month KIBOR The facilities are secured by first pari passu first joint supplemental hypothecation and ranking charge over present and future stock in trade and book debts of the Company

174

13 TRADE AND OTHER PAYABLES Note

September 30 2013

(Un-audited)

June 30 2013

(Audited) (Restated)

in UUIJ 1-------shy

Creditors for gas 97383668

242921 97626589

80304907 217572

80522479

Amount received from customers for laying of mains etc Accrued liabilities Payable to staff fund Provision for compensated absences non executives Deposits retention money Bills payable Advance for sharing right of way Unclaimed dividend

Gas infrastructure cess payable Unclaimed term finance certificate redemption profit Inter State Gas System Limited (ISGSL) Others

131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924

Withholding tax Sales tax and Sindh sales tax

131 Gas Infrastructure (GID) Cess has been levied since December 15 2011 and is chargeable from industrial gas consumers at different rates as prescribed by the Federal Government

OGRA notification GID Cess is collected and with the Ministry of Petroleum and Natural Resources (MPNR) in a manner prescribed by the Federal Government

On June 13 2013 the Honorable Peshawar High Court declared the levy imposition and recovery of the Cess unconstitutional with the direction to refund the Cess so far collected Honorable Supreme Court of Pakistan examined the case and in its decision dated August 22 2014 concluded that GID Cess is a fee and not a tax and on either count the Cess could not have been introduced through a money bill under Article 73 of the Constitution and the same was therefore not validly levied in accordance with the Constitution However on 252014 the President of Pakistan had passed GID Cess Ordinance 2014 which is applicable in whole Pakistan and has to be complied by all parties

On September 292014 the Honorable Sindh High Court gave a stay order to various parties against the promulgation of Presidential order on 252014

On May 22 2015 the GI D Cess Act is passed by Parliament on all parties Following the imposition of the said Act many consumers filed a petition in Honorable Sindh High Court and obtained stay order against Act passed by the Parliament The Company has obtained legal opinion which states that management has to comply with the order of Honorable High Court of Sindh

The is a agent and GID Cess to the MPNR and the will refund to the consumers once it will be received from MPNR

14 CONTINGENCIES AND COMMITMENTS

141 There has been no change in the status of other as disclosed in note 17 of annual audited financial statements of the for the year ended June 30 2013 except for the following


(Un-aUdited) (Audited) _------ (Rupees in 0001----middot-shy

Claims against the not acknowledged as debt

Commitments for capital and other expenditure

Guarantees issued on behalf of the Company

175 142 Jamshoro Power Company Limited (JPCL) (formerly WAPDA) has lodged a claim the Company amounting to

AS765024 million 30 2013 As 765024 million) for short supply of gas under the provisions of an agreement dated April 10 1995 between the Company and JPCL As at June 30 2015 this amount has increased to As 35182 million Management has not made provision the said amounts in the books of the as management is confident that ultimately this claim would not be

143 Habibullah Coastal Power (Private) Limited has claimed As 123732 million (June 30 2013 Rs 123732 million) from the for short supply of gas under the provisions of an agreement dated March 31 1996 between the Company and HCPC As at December 30 2015 this amount has increased to Rs 262533 million HCPC has also disputed late payment by the amounting to Rs 360 million HCPC has also invoked arbitration as per article of Gas Sale Agreement In the instant arbitral the Company has also raised a counter claim of Rs 52333 million on account of failing to take or pay for the gas made available to HCPC

with the interest thereon Accordingly has not made provision against the HCPC in this condensed interim financial information

Quarter ended September 30 30

2013 2012 (Unmiddotaudited)

Note bullbullbullbullbullbullbullbull (Rupees in 000)middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot 15 COST OF SALES

35092231 31620031 Tr~lnmi5~i()n and distribution costs

16 OTHER OPERATING EXPENSES

Auditors remuneration 4731 7160 Workers Profit Participation Fund 81507 Sports expenses 7119 3529 Corporate social responsibility 4322 704 Exchange loss on payment of gas 568104 112298 Loss on disposal of plant and 634 Provision against stores and 10288 16854 Provision against impaired debts and

17 OTHER OPERATING INCOME

Income from other than financial assets Meter rentals 168717 164390

PfAflnilifln of income deferred credit 92628 94854 Income from new service connections 58754 54229 Gas charged to JJVL 171 524873 527479 Income from gas transportation 8026 8579 Income from LPG air mix distribution net 31978 21379 Advertising income 1182 1145 Income from sale of tender documents 475 674

sales 399 Recoveries from consumers 17338 9545 Liquidity damages recovered 1976 296 Gain on of property plant and equipment 1183 Miscellaneous

Income from investment in debts loans advances and receivables from a related party

(Anirfln rental income Sui Northern Gas Pipelines Limited

171 The to process and extract

Associated Gas Mixture (CAGM) made available at JJVL plant

176 YgtarYl with Jamshoro Joint Venture Limited (JJVL) and granted

Petroleum Gas (LPG) and Natural Gas Liquids (NGL) from

Gas Shrinkage charged to JJVL means the amount in volume and gross calorific value of CAGM due to recovery of LPG and NGL at the JJVL consideration for loss in volume of gas and its gross calorific value between Tie in Point and

by JJVL to the Company as fWnnCnQtA

This amount was being recovered under the Implementation Agreement which was declared void by the Court of Pakistan vide its Order dated December 042013 with to the Constitution Petition No

5 of 2011 and Human Case No15744 - P of 2009 Thus no has been charged after the Court order

Quarter ended September


-------- (Rupees in 000)-------shy18 OTHER NON-OPERATING INCOME

Income from financial assets Late payment 815431 Income from net investment in finance lease 15172 Interest income on loan to related party o Return on

- term deposits and profit and loss bank accounts 43916 51 - staff loans

Interest income on late nlJmAnt of gas bills from - K-Electric Limited 1529796 - Jamshoro Joint Venture Limited - Water amp Power Development Authority - Sui Northern Gas Limited - SSGC LPG

1742963 Dividend income

554586

Income from investment in debts advances and receivables from related parties Sui Northern Gas Pipelines Limited Income from net investment in finance lease 48354

Others Sale of gas condensate Royalty income from JJVL Income on LPG and NGL - net 181 Meter manufacturing division profit - net

24030 525397 243649 218559

1011635

181 The Company has an with Jamshoro Joint Venture Limited (JJVL) wherein JJVL was allowed to extract LPG from various gas fields As per MoUs 50 of extracted quantity is sold out to JJVL and 50 to other customers

19 FINANCE COST

Included in finance cost is an amount of Rs 103337 million (Sepember 2012 Rs 1 uJ million) markshyup on on gas UIJIJII

171 Ouarterended


(Un-audited) -----bullbull (Rupees in 000)middotmiddotmiddotmiddotmiddotmiddotmiddot shy

20 TAXATION

Current 756527 782188 - Deferred

21 ADJUSTMENTS FOR NONmiddotCASH AND OTHER ITEMS

Provisions 516974 675756 Depreciation 1051709 940463 Amortization of intangibles 15772 6683 Finance cost 1664236 1975348 Amortization 01 transaction cost 1616 1437 Recognition of income against deferred credit (99375) (98492) Dividend income (24) (237) Interest income and return on term depOSits (537664) (2654458) Income from net investment in finance lease (65052) (44662) (Gain) 1 loss on disposal of property plant and equipment (1183) 633 Decrease in long term advances (7601) 1415 Decrease in deffered credit

22 WORKING CAPITAL CHANGES

(Increase) I decrease in current assets

Stores and spares (115926) (106599) Stock-in-trade 61147 24508 Customers instailatlon workmiddotIn-progress (1077) 137603 Trade debts (2797766) (4560381 ) Trade depOSits and short term prepayments (92073) (33462) Other receivables

Increase in current liabilities Trade and other payables

23 TRANSACTIONS WITH RELATED PARTIES

The related parties comprise of subsidiary companies associated companies due to common directorship Government related entities staff retirement benefits plans directors and key management personnel their aSSOCiates) Purchase and sale of gas from to related parties are determined at rates finalised and by the Oil and Gas Regulatory Authority Remuneration of key management personnel are in accordance with the terms of the employment I apPointment Other transactions with the related parties are carried out as per agreed terms

The details of transactions with related parties not disclosed elsewhere in this unconsolidated condensed interim financial information are as follows


Relationship -bullbullbull -- Rupees in 000)middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot

bull Askari Bank Limited Associate Prom on investment 422 Markmiddotup on local currency finance 54960

Attock Refinery Lim iled Associate Sale of gas condensate 24030

178

2013 (Un-audited)

Relationship -------- (Rupees in middot000)-------shy

bull Bank AI-Habib Limited Associate

Profit on investment 2274

- Mark-up on short term finance Mark-up on local currency finance 17518

Fauji Fertilizer Company Limited Associate - Billable charges 14

Government related entities - various Purchase of fuel and lubricant 7322 1332 Billable charges 13495337 14278882 Mark-up on delayed payment on gas supplies 1033372 1448650 Sharing of expenses 18437 15524 Income from net Investment In finance lease 48354 29490 Gas purchases 18644787 15888762 Sale of gas meters 674012 421603 Dividend income 237 IntereSI income 49970 1722383

- Rent of premises 881 Insurance premium 27254 27075 Uniform cost of gas 9569274 8825046 Electricity expense 54917 38427

bullbull Habib Bank Lim ited Associate Profit on investment 640 Mark up on short term finance 5490 Mark up on long term finance 25740 Billable Charges 3358

bull Habib Metropolitan Bank Associate


- Mark-up on short term finance 7220

Hydrocarbon Development Associate Institute of Pakistan

- Billable Charges 9097 6939

Internalionallnduslries Limited Associate Line Pipe Purchases 1127 121195 Billable Charges 260746 235478

Key management personnel Remuneration 53810 15339

Ok Kohinoor Silk Mills Limited Associate

- Billable Charges 63

bull liaquat fIIstional Hospital ASSOCiate Medical services 6922

- Billable charges 24836

Minto amp Mirza Associate - Professional charges 7115 1000

79 Quarter ended


(Un-audited) Relationship ------ (Rupees in 000)-------shy

Packages Limited Associate - Billable charges 3171 3080

Pakistan Cables Limited Associate - Billable charges 20519 14784

Pak Suzuki Motor Company Limited Associate Motor Vehicle Purchases 27298


Pakistan Engineering Company Limite Associate - Billable charges 14 10

Pakistan Synthetic Limited Associate - Billable charges 75638

Premium Textile Mills Limited AssOCiate Billable charges 72762

SSGC LPG (Private) Limited Wholly owned subsidiary Short Term Loan 175000 Interest on loan 32304 44710 Interest on delayed payment 01 gas bill 5600 Purchase 01 LPG 62664 51393 Sales 01 LPG 194572

Staff retirement benefit plans Associate Contribution to provident lund 54768 46055 Contribution to pension fund 50319 68679 Contribution to gratuity fund 56597 53835

Thatta Cement Company Limited AssOCiate Billable charges 2854 2021

bull Current period transactions with these parties have not been disclosed as they did not remain related parties durin bullbull Comparative transactions with these parties have not been disclosed as these parties were not related parties in co

23f Sale of gas meters is made at cost plus method The Company is the only manufacturer of gas meters in the country

232 Contribution to the defined contribution and benefit plans are in accordance with the terms of the entitlement of the employees and I or actuarial advice

233 Remuneration to the executive officers of the Company and loans and advances to them are determined in accordance with the terms of their employment Mark-up free security deposits for connections to the executive staff of the Company is received at rates prescribed by the Government Pakistan

234 Amount (due to) I receivable from I investment in related parties

The details of amount due with related parties not disclosed elsewhere in these unconsolidated condensed interim financial information are as follows

180Sepember 30 June 30

2013 2013 (Unaudited) (Audited)

Relationship middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotRupees in 000)middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot

bull Askari Bank Limited Associate Long term finance (1333333) Cash at bank 1385 Accrued markup (23982) Billable charges 9

middot Gas supply deposit (184)

Attock Refinery Limited Associate

middot Sale 01 condensate 42105 75637

bull BankAImiddotHabib Limited Associate

middot Long term finance (500000)

middot Short term finance (1441865) Cash at bank 2422 Accrued markmiddotup (26850)

Fauji Fertilizer Company Limited Associate Billable charges 5 5 Gas supply deposit (124) (124)

Government related entitiesmiddot various

Billable charges 63711300 58493193 Mark up accrued on borrowings (11) (2348) Lale payment surcharge on gas supplies (22419679) (21386308) Sharing of expenses (10914) (11924) Net investment in finance lease 304499 107973 Gas purchases (69242359) (62233608) Gas meters 570776 288094 Uniform cost of gas 8229274 3975409 Cash at bank 6400 42467 Stock Loan (35298) (28813)

middot Jlecoverable from insurance (1975) (2025) middot Gas supply deposit (52258) (50169)

Interest income accruedmiddot late payment on gas bills 5031060 4981091

middot

Habib Bank Limited Associate Long term finance (1000000) (1000000) Short Term Finance (1482788) Cash at bank 1701 90237 Accrued markup (24258) Billable charges 222 3354 Gas Supply Deposit (3589) (3589)

bull Habib Metropolitan Bank ASSOCiate

Short lerm finance (95536)

- Accrued markmiddotup (13409) middot

bull Hydrocarbon Development Institute 01 Pakistan Associate

Billabie charges 2723 Gas supply deposit (4000)

181

1

Sepember 30 June 30 2013 2013

(Unaudited) (Audited)

middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot(Rupees in middot000)middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot International Industries Lim ited

Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)

Kohinoor Silk Mills Limited Associate

Billable charges

Gas supply deposit 21

(60) 21

(60)

Packages Limited Associate

- Billable charges

middot Gas supply deposit 1029

(3044) 951

(3044)

Pakistan Cables Limited Associate

- Billable charges


(17159) 7553

(17159)

Pakistan Engineering Company Limited

Billable charges

- Gas supply deposit

Associate

5 (12)

5 (12)

Pakistan Synthetic Limited Associate

Billable charges


(70757) 24170

(64509)

bull Pak Suzuki Motor Company Limited Associate

- Billable charges

- Gas supply depOsit

2483 (10656)

PERAC - Research ampDellelopment Foundation Associate

middot Professional charges 57

Premium Textile Limited Associate

middot middot

Billable charges


(52564) 19490

(22300)

SSGe LPG (Private) Limited

Long term investment Short term loan

middot Interest on loan

middot LPG purchases

- LPG sales

Wholly owned subsidiary

1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546

Thalia Cement Company Limited

middot Billable charges


Associate

618 (45000)

500 (45O00)

bull Current balances with these parties have not been disclosed as they did not remain related parties as at perioe bullbull Comparative balances with these parties have not been disclosed as Ihese parties were not related parties in I

period

IFRS 8

18224 OPERATING SEGMENTS

requires operating segments to be identified on the basis of internal reports about that are regularly reviewed by the chief decision maker in order to allocate

crt and to asses their performance As a result management has identified the following two

1) Gas transmission and distribution (sale of gas) and 2) Meter manufacturing (manufacturing and sale of gas meters)

Segment revenue and results

The following is of the Companys revenue and results

2013 2012 2013 2012 (Un-audited)

middot---middotmiddot---middot-----------middotmiddot---middotmiddot----------middot-(nuuc~in UUIJI-middot---middotmiddot------------_middot_---middotmiddotmiddot------shy

Gas transmission and distribution 38567058 35142000 1238804 Meter Total ltIT

218559 1457363

Unallocated - Other

other expenses expenses (889523)

Unallocated other income income 141296

Profit before tax

Segment assets and liabilities

During the period there were following significant increase in the assets and liabilities of transmission and distribution as compared to June 30 2013


(Unaudited) (Audited) --------(Rupees in middot000)-------shy

Sl1mnt assets Gas transmission and distribution Meter Total lttgtrnQnT

Unallocated Loans and advances

- Taxation net Interest accrued Cash and bank balances

Total assets as per balance sheet

183 September 30 June 30

2013 2013 (Unaudited) (Audited) -(Rupees In 000)--shy

Segment liebilitlee Gas transmission and distribution 180610431 Meter manufacturing 357319 Total segment liabilities 1810277150

Unallocated bull Employee benefils 2596600 2518454

Total liabilities as per balance sheet 183f2h350 170836580

25 CORRESPONDING FIGURES

Following figures have been reclassified consequent upon the change in current periods presentation Quarter ended September 30

RecifIoalIon 2013 Amount

From To (Rbullbull In 000)

Administrative and lIing expeneea Other operating expen

- Provision against impaired debts - Provision against Impaired and other receivables debta and other receivables 54181

- Legal and professional - Auditors remuneration 5981

26 GENERAL

261 Figures have been rounded ott to the nearest thousand rupees unless otherwise stated

27 DATE OF AUTHORISAnoN

This unconsolidated condensed interim financial information were authorised tor issue in Board of Directors meeting held on 04 March 2017

Managing blrector

CPO

SUI SOUTHERN GAS COMPANY LIMITED UNCONSOLIDATED CONDENSED INTERIM BALANCE SHEET (UN-AUDITED) AS AT SEPTEMBER 30 2013 162

ASSETS

Non-current assets

Property plant and equipment

Intangible assets

Long term investments

Net investment in finance lease

long term loans and advances

long-term deposits

Total non-current assets

Current assets

Stores spares and loose tools

Stock-in-trade

Current maturity of net inveslment in finance lease

Customers installation work-in-progress

Trade debts

Loans and advances

Trade deposits and short term prepayments

Interest accrued

Other receivables

Taxation - net

Cash and bank balances

Total current assets

Total assets


CFCJ

Note

6

7

8

9

~



-------(Rupees in 000)-------shy

677Q7126

10957

1095087

665271

153485

2274431

567464

1to161

174994 -

78787559

2107205

258361

56694~9

42348833

2075622

ampQ66042

140440141

210254597

67736338

124728

1094785

692789

133354

4530

69786524

2165684

628611

110161

173917

76284752

1838483

166288

5529119

36652321

2787665

847680

127184681

196971205

unconsolidated condensed interim financial

Maag7r19Oirector C=gt






Reserves



Total equity


LIABILITIES


Long term finance

Long term deposits

Deferred tax

Employee benefits

Deferred credit

Long term advances


Note

10

11

(




Taxation - net



Total liabilities



12

13

14



--------(Rupees in 000)-------shy

10000000 10000000

8809163 8809163

4907401 4907401

81458 81156

2580279 2084959

16378301 15882679

10251946 10251946

I

24008418

5505325

5322f14

2596600

5 165$869

1147629

middot 44~35955

3599045

-112840129

-22949221

24770608

5260547

5864825

2518454

5747643

1155230

45317307

3597649

4017953

95999207

21904464

139388395 125519273

183624350 170836580

210254597 196971205


Man 9in9 Director

epCJ


Sales

Sales tax


Net sales

Cost of sales

Gross profit






44800130 40928723

(6233072) (5786723) 38567058 35142000

920177 132588

39487235 35274588

15 (37920842) (34804380)

1566393 470208

16




Finance cost 19 1 665852 1976785)


Taxation 20 (2t3~816) (547393)




Managing Director

erG

114

165

















709136 21 2548809 22 8199209

(672052) (14718)

(106917) 244778

(288853) 397514 44484

10972422

(1066739) 2082

-92570

24 (972063)

(809526) 65816

(18700) (1634)

(764044)

9236315 (3170273

6066042

6066042 6066042

1548632 803885

1737387 (724223)

(20764) (218110) 144581

(166152) 2440787

44440~ 5501 583

(1878016) 973

(175000) 80019

237 (1971787)

(846190) 1491 953

(1514600) (3541

(869191 )

2660605 1502964

4163569

4163569 4163569


Managing Director









c ____ shygt

c~o



495320 1001 239

302

495622


8606

1009845

interim financial






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO






Reserves



Total equity


LIABILITIES


Long term finance

Long term deposits

Deferred tax

Employee benefits

Deferred credit

Long term advances


Note

10

11

(




Taxation - net



Total liabilities



12

13

14



--------(Rupees in 000)-------shy

10000000 10000000

8809163 8809163

4907401 4907401

81458 81156

2580279 2084959

16378301 15882679

10251946 10251946

I

24008418

5505325

5322f14

2596600

5 165$869

1147629

middot 44~35955

3599045

-112840129

-22949221

24770608

5260547

5864825

2518454

5747643

1155230

45317307

3597649

4017953

95999207

21904464

139388395 125519273

183624350 170836580

210254597 196971205


Man 9in9 Director

epCJ


Sales

Sales tax


Net sales

Cost of sales

Gross profit






44800130 40928723

(6233072) (5786723) 38567058 35142000

920177 132588

39487235 35274588

15 (37920842) (34804380)

1566393 470208

16




Finance cost 19 1 665852 1976785)


Taxation 20 (2t3~816) (547393)




Managing Director

erG

114

165

















709136 21 2548809 22 8199209

(672052) (14718)

(106917) 244778

(288853) 397514 44484

10972422

(1066739) 2082

-92570

24 (972063)

(809526) 65816

(18700) (1634)

(764044)

9236315 (3170273

6066042

6066042 6066042

1548632 803885

1737387 (724223)

(20764) (218110) 144581

(166152) 2440787

44440~ 5501 583

(1878016) 973

(175000) 80019

237 (1971787)

(846190) 1491 953

(1514600) (3541

(869191 )

2660605 1502964

4163569

4163569 4163569


Managing Director









c ____ shygt

c~o



495320 1001 239

302

495622


8606

1009845

interim financial






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO


Sales

Sales tax


Net sales

Cost of sales

Gross profit






44800130 40928723

(6233072) (5786723) 38567058 35142000

920177 132588

39487235 35274588

15 (37920842) (34804380)

1566393 470208

16




Finance cost 19 1 665852 1976785)


Taxation 20 (2t3~816) (547393)




Managing Director

erG

114

165

















709136 21 2548809 22 8199209

(672052) (14718)

(106917) 244778

(288853) 397514 44484

10972422

(1066739) 2082

-92570

24 (972063)

(809526) 65816

(18700) (1634)

(764044)

9236315 (3170273

6066042

6066042 6066042

1548632 803885

1737387 (724223)

(20764) (218110) 144581

(166152) 2440787

44440~ 5501 583

(1878016) 973

(175000) 80019

237 (1971787)

(846190) 1491 953

(1514600) (3541

(869191 )

2660605 1502964

4163569

4163569 4163569


Managing Director









c ____ shygt

c~o



495320 1001 239

302

495622


8606

1009845

interim financial






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

165

















709136 21 2548809 22 8199209

(672052) (14718)

(106917) 244778

(288853) 397514 44484

10972422

(1066739) 2082

-92570

24 (972063)

(809526) 65816

(18700) (1634)

(764044)

9236315 (3170273

6066042

6066042 6066042

1548632 803885

1737387 (724223)

(20764) (218110) 144581

(166152) 2440787

44440~ 5501 583

(1878016) 973

(175000) 80019

237 (1971787)

(846190) 1491 953

(1514600) (3541

(869191 )

2660605 1502964

4163569

4163569 4163569


Managing Director









c ____ shygt

c~o



495320 1001 239

302

495622


8606

1009845

interim financial






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO









c ____ shygt

c~o



495320 1001 239

302

495622


8606

1009845

interim financial






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO






-----------------------------------------------------( R up eesin 0 00 )----------------------------------------------------shy








Managing Director

- cc_5gt---- -

cco







8809163 234868 4672533 81156 2084959 15882679

~02

495320495~20 I 302

302 495320 495622

8809163 234868 4672533 81458 2580279 16378301















lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO














lAS 19













Amount as reported

Amount restated

Rupees in 000


(4473742)



nmnnolTPn profit

(2465846) (6179747)

2768165 (94540100)

36097623 (2707554)

(1

(52608) 314922

19500











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO











67787126 67736338








-5280

-61050

729108 -430

69342 5621

45170 4687 8402 5179

(899)

-15022

-26700

664244 -

8926 17808 16037 83889

2998 885

4994

(1607)

Cl~4fgtCl (899) 841503 (1607)











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO











8 TRADE Considered


Provision debts






at rate of



1







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO







September 30 2013

June 30 2013



91

92 93 amp 94

95

18181894

648635 42105

8535465 4476230

448003 552655

11414964 54324

17159475 648635

75637 4085098 3955853

275546 452655

11876067

15620














Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO









Subtotal 27607463 28368257

23950 23950 265834 218719

6055042 6055042 6344826 6297711


(3238095) (3238095) (62767) (61371)

(298183) (298183) (3599045) (3597649)

24008418 24770608










174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

174


September 30 2013

(Un-audited)

June 30 2013


in UUIJ 1-------shy


242921 97626589

80304907 217572

80522479



131

2087875 2653231 1459107

140109 356607 39842 18088

289267 69147

474083 33660

378226 6938133

1800 10914

2135579 2686261 1459107

138969 304242 62301 18088

290901 136485 426592 67647

255013 7234262

1800 11924














































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO
































554586



24030 525397 243649 218559

1011635


19 FINANCE COST


171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

171 Ouarterended



20 TAXATION















178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

178

2013 (Un-audited)





















79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

79 Quarter ended


































middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO
















middot







181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

181

1




Billable charges

Gas supply deposit

Associate 93478

(267882) 24278

(48925)


Billable charges


(60) 21

(60)


- Billable charges


(3044) 951

(3044)


- Billable charges


(17159) 7553

(17159)


Billable charges


Associate

5 (12)

5 (12)


Billable charges


(70757) 24170

(64509)


- Billable charges


2483 (10656)




middot middot

Billable charges


(52564) 19490

(22300)





- LPG sales


1000000 1710103

45221 (198970) 448003

1000000 1710103

14021 (125652) 275546




Associate

618 (45000)

500 (45O00)


period

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO

IFRS 8







2013 2012 2013 2012 (Un-audited)



218559 1457363

Unallocated - Other



Profit before tax





















26 GENERAL




Managing blrector

CPO













26 GENERAL




Managing blrector

CPO

sui southern gas company limited · 2017. 6. 9. · sui southern gas company limited 163...

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