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