Nine Months Report March 2012 Exploring SOL UT I ON S
Contents 02 Vision - Mission 02 Core Values 03 Company Information 04 Directors Interim Review 08 Condensed Interim Balance Sheet 09 Condensed Interim Profit and Loss Account (Unaudited) 10 Condensed Interim Statement of…
Vision To maintain PPL's position as the premier producer of hydrocarbons in the country by exploiting conventional and unconventional oil and gas resources, resulting in value addition to shareholders investment and the nation as a…
Company Information Board of Directors Mr. Hidayatullah Pirzada - Chairman (Non-Executive Director) Mr. Asim Murtaza Khan - Chief Executive Officer / Managing Director Mr. Sajid Zahid (Non-Executive Director) Mr. Saifullah Khan…
Directors Interim Review Your directors are pleased to present the unaudited condensed interim financial statements for the nine months period ended March 31, 2012 and a brief review of the Companys operations. FINANCIAL AND…
Directors Interim Review CORPORATE STRATEGY AND FOCUS AREAS PPL's business strategy is premised on enhancing its hydrocarbons reserves to address the increasing energy deficit and secure long term growth. To this end, the Company has…
Directors Interim Review Partner-operated Areas In Latif Block, drilling of exploratory well Mehrab-1 is in progress. 2D seismic survey in northern part of Qadirpur Field has been completed, whereas, 3D Seismic survey in Nashpa Block…
Directors Interim Review As part of PPL plan to improve educational infrastructure of its areas, construction of academic blocks in various districts has been completed, while construction of further academic blocks commenced in other…
Condensed Interim Balance Sheet As at March 31, 2012 Note March June 31, 2012 30, 2011 Unaudited Audited Rs '000 NON-CURRENT ASSETS Fixed assets Property, plant and equipment 4 46,921,250 45,418,272 Intangible assets 461,872…
Condensed Interim Profit and Loss Account (Unaudited) For the nine months period ended March 31, 2012 Note Quarter ended Quarter ended Nine months Nine months March March ended ended 31, 2012 31, 2011 March 31, 2012 March 31,…
Condensed Interim Statement of Comprehensive Income (Unaudited) For the nine months period ended March 31, 2012 Quarter ended Quarter ended Nine months ended Nine months ended March 31, 2012 March 31, 2011 March 31, 2012 March 31,…
Condensed Interim Cash Flow Statement (Unaudited) For the nine months period ended March 31, 2012 Note Nine months Nine months ended ended March 31, 2012 March 31, 2011 Rs '000 CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts…
Subscribed and paid-up Revenue reserves share capital Capital Total Total reserve General and Assets reserves Ordinary Convertible Insurance acquisition Unappropriated Total contingency reserve profit preference reserve reserve…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 1. LEGAL STATUS AND NATURE OF BUSINESS Pakistan Petroleum Limited (the Company) was incorporated in…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 Nine months Nine months ended ended March 31, 2012 March 31, 2011 Rs '000 Staff costs of the…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 March June 31, 2012 30, 2011 Unaudited Audited Rs '000 5. LONG-TERM INVESTMENTS Investment in…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 March June 31, 2012 30, 2011 Unaudited Audited Rs '000 10. TRADE AND OTHER PAYABLES Creditors…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 Nine months Nine months ended ended March 31, 2012 March 31, 2011 Rs '000 13. FIELD EXPENDITURES…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 Nine months Nine months ended ended March 31, 2012 March 31, 2011 Rs '000 15. TAXATION Current -…
Notes to and Forming Part of the Condensed Interim Financial Statements (Unaudited) For the nine months period ended March 31, 2012 Nine months Nine months ended ended March 31, 2012 March 31, 2011 18. BASIC AND DILUTED EARNINGS PER…