DAWOOD LAWRENCEPUR LIMITED - Lahore Stock Exchange

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Note2010 2009Rupees in 00011.1 Income taxAdvance 90,534 76,689Provision for taxation (21,509) -69,025 76,68912. DEPOSIT, PREPAYMENTS AND OTHER RECEIVABLESSecurity deposits 386 1,825Prepayments 1,912 2,803Letters of credit 1,053 601Receivable against disposal of held for sale assets 86,500 -Sales tax 12.1 3,324 11,302Others 12.2 44 50693,219 17,03712.1 Sales taxSales tax 11,452 11,302Provision against doubtful receivable (8,128) -3,324 11,30212.2The amount due and maximum aggregate amount from related parties at the end of any month during the year / periodare as follows:-MaximumAmount month endNote Outstanding balanceRupees in 000December 31, 2010Dawood Hercules Chemical Limited 5 5,033Tenaga Generasi Limited 39 804December 31, 2009Sach International (Private) Limited 438 5,119Dawood Hercules Chemical Limited 68 88413. SHORT TERM INVESTMENTSNote2010 2009Rupees in 000Held for trading at fair value through Profit and Loss 13.1 754,487 121,794Held for trading at fair value through Profit and Loss2010 2009 Name of Investee 2010 2009No. of UnitsRupees in 0004,906,434 2,320,760 Meezan Cash Fund 245,518 121,7942,690,456 Nil UBL Liquidity Plus Fund - Class - C 269,575 -2,342,233 Nil MCB Cash Management Optimizer 239,394 -754,487 121,794
Note2010 2009Rupees in 00013.1 Reconciliation between fair value and cost of investmentsclassified as 'held for trading at fair value through profit or loss'Fair value of investments 754,487 121,794Unrealized gain on remeasurement of investmentrecognised in profit or loss account- for the year 28,269 1,794- in prior years 1,794(30,063) (1,794)Cost of investments 724,424 120,00014. CASH AND BANK BALANCESCash in hand 1,103 1,058Cash at banksIn current accounts 6,757 18,770In deposit accounts 14.1 16,614 4,05323,371 22,82324,474 23,88114.1These represent deposits with commercial banks and carry profit at the rate of 5% (December 31, 2009: 5%) per annum.Note2010 2009Rupees in 00015. ASSETS CLASSIFIED AS HELD FOR SALEPlant and equipment 15.1 172,762 648,330<strong>Stock</strong>-in-trade 11,946 38,823Stores and spares 16,447 40,307201,155 727,460Under Of Provision for slow moving and obsolescence on stock tradeFair For These Assessment all prior Clausevalue fair financial non-currentandvalues year The176 have project ofisstoresthe hasof statements amount been&all liabilities been the has Secondsparesother finalized for rearranged beenfinancial were which the set Schedule upwherever atup fair authorized to instruments asset values financial the tocould have for premises the necessaryissue be are year Incomebeen exchanged, considered 1999-2000 ofTax Salfi to facilitate Ordinance, Textiletaken __________________ ator book (assessment approximate liability comparison.Mills 1979 Limitedvalues15.2settled the profit whoyear these their bybetween the 2000-2001). book are are andthe gainsBoard not values(5,883)knowledgeable considered of solederived as Returns Directors they consumer to materiallybyare(18,467)willingthe ofLong term deposit Addition Disposal Finance These Deferred advances does against tof taxation plant not leased raw carry have and arising material machinery any been rate due obtained to of represent timing return. during from The difference transfer the following fair year buyers value toinclude has non-financial town of been procure itassets Rs.216,680/- has computed been raw institutions material taken completion under (1997-Rs.1,823,391/-)for book under the the of liability value following term ordered asofmethod.itgoods.lease. is terms short total not the for195,272 708,993
Page 1 and 2: DAWOOD LAWRENCEPUR LIMITEDBALANCE S
Page 3 and 4: DAWOOD LAWRENCEPUR LIMITEDSTATEMENT
Page 5 and 6: For the year ended December 31, 201
Page 7 and 8: DAWOOD LAWRENCEPUR MILLS LIMITEDNOT
Page 9 and 10: 3. SIGNIFICANT ACCOUNTING POLICIEST
Page 11 and 12: 3.4.5 ImpairmentA financial asset i
Page 13 and 14: 3.11.1 CurrentProvision for current
Page 15 and 16: Note2010 2009Rupees in 0005. INTANG
Page 17: Note2010 2009Rupees in 0009. STOCK
Page 21 and 22: Note2010 2009Rupees in '00017.1 Mov
Page 23 and 24: 19.2 CommitmentsThe Company has com
Page 25 and 26: 23. SELLING EXPENSES NoteFor sixmon
Page 27 and 28: NoteFor sixmonths endedDecember 31,
Page 29 and 30: 32.1.1 Credit risk related to recei
Page 31 and 32: Liabilities as per balance sheet- D
Page 33 and 34: 36. DATE OF AUTHORIZATION FOR ISSUE
Page 35 and 36: For comparative yearAccumulated Dep

DAWOOD LAWRENCEPUR LIMITED - Lahore Stock Exchange

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