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MS AR 2018 (1)

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DISTRIBUTION OF<br />

WEALTH<br />

<strong>2018</strong> 2017<br />

Rs. In 000 % Rs. In 000 %<br />

Wealth Generated<br />

Sales 22,225,842 18,802,811<br />

Less: Cost of sales (excluding employees’ remuneration) 18,816,838 16,395,773<br />

Value added 3,409,004 2,407,038<br />

Add: other income 36,364 33,977<br />

3,445,368 100.00 2,441,015 100.00<br />

Distribution Of Wealth<br />

Distribution, administrative & other expenses 432,973 12.57 328,866 13.47<br />

To Directors & employees as remuneration 856,207 24.85 633,300 25.94<br />

To Government as direct taxes 313,513 9.10 231,538 9.49<br />

To providers of finance as financial charges 552,460 16.03 256,551 10.51<br />

Interim dividend paid – – 251,600 10.31<br />

Proposed annual dividend 553,519 16.06 150,960 6.18<br />

Retained within the business 736,695 21.38 588,100 24.09<br />

3,445,368 100.00 2,441,015 100.00<br />

Rupees<br />

1000000<br />

Wealth Distribution<br />

800000<br />

600000<br />

400000<br />

200000<br />

0<br />

Distribution,<br />

administrative & other<br />

To employees as<br />

remuneration<br />

To Government<br />

as taxes<br />

To providers of finance<br />

as financial charges<br />

Interim Dividend<br />

paid<br />

Proposed Annual<br />

Dividend<br />

Retained within the<br />

business<br />

<strong>2018</strong> 2017<br />

80 MUGHAL IRON & STEEL INDUSTRIES LIMITED

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