Kohinoor Spinning Mills Limited Annual Report 2014 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED JUNE 30, 2014 2014 2013 (Rupees) (Rupees) Notes Sales - net 6,822,993, 716 6,230, 120,498 26 Cost of sales 27 (6,075,561,314) (5,383,422,747) GROSS PROFIT 747,432,402 846,697,751 OPERATING EXPENSES Distribution cost 28 (152, 142,405) ( 135,385 ,672 :1 Administrative expenses (137,576,003) 29 (122,971,969) (275, 114,374) (272,961,675) 573,736,076 OPERATING PROFIT 472,318,028 Finance cost (238,489,249) 30 (259,814,814) (28,422,803) Other operating expense 31 (23,612,354) Other operating income 32 291,750 2,870,017 (264,042,035) (283,135,419) 309,694,041 PROFIT BEFORE TAXATl ON 189, 182,609 (44, 170,086) TAXATION 33 (68,229,937) PROFIT AFTER TAXATION 120,952,672 265,523,955 EARNINGS PER SHARE - BASIC & DILUTED 34 0.93 204 The annexed notes from 1 to 43 form an integral part of these financial statements. Lahore (Khawaja Mohammad October 10, 2014 Jahangir) (Mr. Mohammad Naveed) 22
Kohinoor Spinning Mills Limited Annual Report 2014 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED JUNE 30, 2014 Notes 2014 (Rupees) 2013 (Rupees) Sales - net 26 6,822,993, 716 6,230, 120,498 Cost of sales 27 (6,075,561,314) (5,383,422,747) GROSS PROFIT 747,432,402 846,697,751 OPERATING EXPENSES Distribution cost 28 (152, 142,405) ( 135,385 ,672 :1 Administrative expenses 29 (122,971,969) (137,576,003) (275, 114,374) (272,961,675) OPERATING PROFIT 472,318,028 573,736,076 Finance cost 30 (259,814,814) (238,489,249) Other operating expense 31 (23,612,354) (28,422,803) Other operating income 32 291,750 2,870,017 (283,135,419) (264,042,035) PROFIT BEFORE TAXATl ON 189, 182,609 309,694,041 TAXATION 33 (68,229,937) (44, 170,086) PROFIT AFTER TAXATION 120,952,672 265,523,955 EARNINGS PER SHARE - BASIC & DILUTED 34 0.93 204 The annexed notes from 1 to 43 form an integral part of these financial statements. Lahore October 10, 2014 (Mr. Mohammad Naveed) 22 (Khawaja Mohammad Jahangir)