vision To maintain PPLs position as the premier producer of hydrocarbons in the country and at the same time make a strategic transition to become an international Company, exploiting oil and gas resources beyond the borders of Pakistan,…
core values Recognise that Leadership, Empowerment and Accountability are essential for corporate success. Pursue the Highest Standards of Ethical Behaviour and Integrity. Consider our people as the most important resource.…
strategic objectives Growth is the prime focus of PPLs business and the opportunities it strategy. With a premium share represents. of total domestic production, PPL is better placed to strengthen its The Company takes great pride…
contents Company Information 05 Directors Interim Review 06 Interim Condensed Balance Sheet 09 Interim Condensed Profit and Loss Account 10 Interim Condensed Statement of Comprehensive Income 11 Interim Condensed Cash Flow…
company information Board of Directors Mr. M.A.K. Alizai - Chairman / Non-Executive Director Mr. Khalid Rahman - Chief Executive Officer / Managing Director Mr. S.R. Poonegar - Non-Executive Director Mr. Sajid Zahid -…
directors interim review Your directors are pleased to present unaudited interim condensed financial statements for the nine months period ended March 31, 2010 and a brief review of operations of the Company. Financial Highlights…
Exploration Activities PPL submitted the draft Petroleum Concession Agreements to DGPC for 12 blocks on 100% basis and one block in joint bid with Eni, awarded in September 2009 bid round. Subsequently, Exploration Licences and PCAs have…
directors interim review APPRAISAL / DEVELOPMENT ACTIVITIES For maintaining the production from Chachar field, gas compression project is in progress and expected to be commissioned in April 2010. Installation of compression…
interim condensed balance sheet as at march 31, 2010 Note March June 31, 2010 30, 2009 Unaudited Audited Rs 000 Rs 000 NON-CURRENT ASSETS Fixed assets Property, plant and equipment 4 37,989,252 34,763,453 Intangible assets 224,586…
interim condensed profit and loss account (unaudited) for the nine months period ended march 31, 2010 Note Quarter ended Quarter ended Nine months Nine months March 31, March 31, ended ended 2010 2009 March 31, 2010 March 31,…
interim condensed statement of comprehensive income (unaudited) for the nine months period ended march 31, 2010 Quarter ended Quarter ended Nine months Nine months March 31, March 31, ended ended 2010 2009 March 31, 2010 March 31,…
interim condensed cash flow statement (unaudited) for the nine months period ended march 31, 2010 Note Nine months Nine months ended ended March 31, 2010 March 31, 2009 Rs 000 Rs 000 CASH FLOWS FROM OPERATING ACTIVITIES Cash…
Subscribed and paid-up Revenue reserves share capital Capital General and Insurance Assets Unappropriated Total Total reserves Total Convertible reserve Ordinary contingency reserve acquisition profit preference reserve reserve Rs…
notes to and forming part of the interim condensed financial statements (unaudited) for the nine months period ended march 31, 2010 1. LEGAL STATUS AND NATURE OF BUSINESS Pakistan Petroleum Limited (the Company) was incorporated…
Note March June 31, 2010 30, 2009 Unaudited Audited Rs 000 Rs 000 4. PROPERTY, PLANT AND EQUIPMENT Opening Net Book Value (NBV) 18,318,870 15,535,258 Additions to: - Owned assets 41,926 5,138,449 - Assets subject to finance…
notes to and forming part of the interim condensed financial statements (unaudited) for the nine months period ended march 31, 2010 March June 31, 2010 30, 2009 Unaudited Audited Rs 000 Rs 000 6. DEFERRED TAXATION Credit /…
9. CONTINGENCIES AND COMMITMENTS 9.1 Contingencies There are no major changes in the status of contingencies as reported in the annual financial statements for the year ended June 30, 2009, except for the following: March June 31,…
notes to and forming part of the interim condensed financial statements (unaudited) for the nine months period ended march 31, 2010 11. FIELD EXPENDITURE On July 07, 2009, a fire incident occurred at well Sui - 38. Emergency…
Nine months Nine months ended ended March 31, 2010 March 31, 2009 Rs 000 Rs 000 15. TRANSACTIONS WITH RELATED PARTIES Sale of gas / condensate to State controlled entities: (including Government Levies) WAPDA 9,134,987…
notes to and forming part of the interim condensed financial statements (unaudited) for the nine months period ended march 31, 2010 Nine months Nine months ended ended March 31, 2010 March 31, 2009 16. BASIC AND DILUTED EARNINGS…
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