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COVER STORY Building a strong path
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KEY FIGURES Sales Revenue (2017: 18
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CONTENTS 02 DIRECTORS’ REPORT 24
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01 • COMPANY OVERVIEW Vision, Mis
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VISION STATEMENT To be a leading co
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FAIRNESS We are devoted to implemen
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EQUAL EMPLOYMENT OPPORTUNITIES AND
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PRODUCT PORTFOLIO The Company’s p
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A SIMPLE, EFFECTIVE AND ACHIEVABLE
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BOARD OF DIRECTORS Mirza Javed Iqba
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ORGANOGRAM OF COMPANY SHAREHOLDERS
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CALENDAR OF MAJOR EVENTS 2017-2018
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MIRZA JAVED IQBAL Chairman / Non -
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MR. FAZEEL BIN TARIQ Non - Executiv
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CHAIRMAN’S LETTER TO THE SHAREHOL
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CHIEF EXECUTIVE OFFICER’S REMARKS
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DIRECTORS’ REPORT TO THE SHAREHOL
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DIRECTORS’ REPORT TO THE SHAREHOL
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DIRECTORS’ REPORT TO THE SHAREHOL
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DIRECTORS’ REPORT TO THE SHAREHOL
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DIRECTORS’ REPORT TO THE SHAREHOL
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DIRECTORS’ REPORT TO THE SHAREHOL
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40 MUGHAL IRON & STEEL INDUSTRIES L
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42 MUGHAL IRON & STEEL INDUSTRIES L
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44 MUGHAL IRON & STEEL INDUSTRIES L
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46 MUGHAL IRON & STEEL INDUSTRIES L
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48 MUGHAL IRON & STEEL INDUSTRIES L
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03 • REVIEWS & REPORTS Additional
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DESCRIPTION OF ENTITY’S RESOURCES
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ANALYSIS OF PROSPECTS OF THE ENTITY
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BOARD COMMITTEES Audit Committee Co
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ANNUAL EVALUATION OF BOARD PERFORMA
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WHISTLE BLOWING POLICY As part of o
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STAKEHOLDERS’ ENGAGEMENT The deve
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• The internal audit function has
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HORIZONTAL ANALYSIS Statement of Fi
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SUMMARY OF STATEMENT OF CASH FLOWS
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ANALYSIS OF FINANCIAL RATIOS Ratio
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DUPONT ANALYSIS Year Return on Equi
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STATEMENT OF CASH FLOWS DIRECT METH
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GRAPHICAL ANALYSIS Market Ratios Ru
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DISTRIBUTION OF WEALTH 2018 2017 Rs
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05 • FINANCIAL STATEMENTS Indepen
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STATEMENT OF COMPLIANCE WITH LISTED
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- Page 103 and 104: i) Property, plant and equipment an
- Page 105 and 106: 5.2 Intangible asset This is stated
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- Page 111 and 112: term loans from banking companies a
- Page 113 and 114: calculating the capitalisation rate
- Page 115 and 116: 7.1.1 The depreciation for the year
- Page 117 and 118: Rupees Note 2018 2017 10. LONG-TERM
- Page 119 and 120: 16.3 Government of Pakistan (GoP) i
- Page 121 and 122: 21. EQUITY CONTRIBUTION FROM DIRECT
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- Page 131 and 132: Rupees 2018 2017 37. EARNINGS PER S
- Page 133 and 134: Rupees 2018 2017 Al-Bashir (Private
- Page 135 and 136: 45.1 Credit risk Credit risk repres
- Page 137 and 138: 45.2 Liquidity risk Liquidity risk
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- Page 141 and 142: Other financial Loans and Total Rup
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- Page 145: Annual Report 2018 137
- Page 149 and 150: CATEGORY OF SHAREHOLDERS AS ON JUNE
- Page 151 and 152: Folio No Name Code Shares Held Perc
- Page 153 and 154: NOTES: 1. Book Closure Share transf
- Page 155 and 156: STATEMENT OF MATERIAL FACTS AS REQU
- Page 157 and 158: M/s. THK Associates (Pvt.) Limited.
- Page 159: M/s. THK Associates (Pvt.) Limited.
- Page 162: GLOSSARY OF TERMS AGM Annual Genera