DAWOOD LAWRENCEPUR LIMITED - Lahore Stock Exchange

15.1.1 During the year Company disposed off all of its plant and equipments classified as held for sale assets of two ofits discontinued units at Landhi, Karachi. Remaining assets under held for sale relate to Burewala unit for whichapproval of disposal from the Board of Directors has already been obtained during the year and after approval ofthe same from the shareholders in 2011, management of the Company will dispose off the remaining assets.Due to taxable -Finance Repayment loss during against : the The local year, company bills provision discounting shallfor repay current facilities the subordinated taxation obtained is made loan fromunder after following the section repayment non-financial 113 of of thelease Income institutions liability Tax15.2 Movement in slow moving / obsolescence on stock in trade and stores & spares2010 2009Rupees in '000Opening balance 18,467 18,467Provision made during the year 4,066 -Provision written off against stock in trade (16,650) -Closing balance 5,883 18,46716. SHARE CAPITAL16.1 Authorized capital2010 2009 2010 2009Number of SharesRupees in '00075,000,000 55,000,000 Ordinary shares of Rs.10/- each750,000 550,00016.2 Issued, subscribed and paid up capital2010 2009 2010 2009No. of SharesRupees in 000Ordinary shares of Rs.10/- each2,204,002 2,204,002 Fully paid in cash22,040 22,04012,805,118 12,805,118 Issued for consideration other than cash 128,051 128,05136,345,540 36,345,540 Fully paid as bonus363,456 363,45651,354,660 51,354,660 513,547 513,54716.2.1 Associates holding of the Companys' share capital are as under:2010 2009No. of SharesDawood Corporation (Private) Limited 25,195,651 25,195,651Patek Private Limited 3,045,117 3,045,117Central Insurance Company Limited 2,795,735 2,853,778Pebbles (Private) Limited 596,277 596,277Dawood Industries (Private) Limited 105,959 105,749Sach International (Private) Limited 3,284 3,28431,742,023 31,799,85617. DEFERRED LIABILITIESNote2010 2009Rupees in '000Gratuity 17.1 48,557 44,695Deferred taxation 17.2 - -48,557 44,695