PEF Annual Report 2012 - Punjab Education Foundation
PEF Annual Report 2012 - Punjab Education Foundation
PEF Annual Report 2012 - Punjab Education Foundation
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<strong>Punjab</strong> <strong>Education</strong> <strong>Foundation</strong><br />
<strong>Punjab</strong> <strong>Education</strong> <strong>Foundation</strong><br />
Income & Expenditure Account<br />
For the year ended 30 June <strong>2012</strong><br />
<strong>2012</strong><br />
2011<br />
Note Rupees Rupees<br />
Restated<br />
Income<br />
Profit / mark-up on bank deposits and TDRs 24 513,229,485 498,976,068<br />
Amortization of deferred credits 19.2 4,847,567,365 3,555,319,819<br />
Other income 25 39,182,781 16,460,556<br />
5,399,979,631 4,070,756,443<br />
Expenditure<br />
Program expenditure 26 4,583,440,547 3,370,508,297<br />
Program related expenditure 27 141,678,665 87,597,755<br />
Administrative and general expenses 28 122,020,593 96,937,403<br />
Financial and other charges 29 427,560 276,364<br />
4,847,567,365 3,555,319,819<br />
Surplus for the year 552,412,266 515,436,624<br />
The attached notes 1 to 34 form an integral part of these financial statements.<br />
Ambreen Raza<br />
Salman Anwar Malik<br />
Lahore Managing Director Deputy Managing<br />
Director (Finance)<br />
41
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