CASH FLOW STATEMENT FOR THE YEAR ENDED JUNE 30, 2013 2012 (Rupees) Note CASH GENERATED FROM OPERATIONS Cash generated from operations 34 287,791,513 Finance cost paid (238,508,807) Income tax paid (25,436,806) Gratuity paid (14,341,742) Net cash generated from (used in) operating activities 9,504,158 CASH FLOW FROM INVESTING ACTIVITIES Fixed capital expenditure (363,104,765) Long term deposits (20,000) Long term advances (1,677,896) Proceeds from disposal of property, plant and equipment - Dividend received 95,800 Profit received on bank accounts 2,820,500 Net cash (used in) investing activities (361,886,360) CASH FLOW FROM FINANCING ACTIVITIES Increase/(decrease) of long term financing 117,200,712 Increase in finance lease liabilities 28,941,598 Increase in short term borrowings 205,683,109 (Decrease) in supplier's credit - Net cash generated from financing activities 351,825,419 NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (556,783) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 6,986,564 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 6,429,782 The annexed notes form an integral part of these financial statements. Chief Executive Director Lahore October 09, 2013 (Khawaja Mohammad Jahangir) (Mr. Mohammad Naveed)
CASH FLOW STATEMENT FOR THE YEAR ENDED JUNE 30, 2013 Note 2012 (Rupees) CASH GENERATED FROM OPERATIONS Cash generated from operations 34 287,791,513 Finance cost paid (238,508,807) Income tax paid (25,436,806) Gratuity paid (14,341,742) Net cash generated from (used in) operating activities 9,504,158 CASH FLOW FROM INVESTING ACTIVITIES Fixed capital expenditure (363,104,765) Long term deposits (20,000) Long term advances Proceeds from disposal of property, plant and equipment Dividend received (1,677,896) - 95,800 Profit received on bank accounts 2,820,500 Net cash (used in) investing activities (361,886,360) CASH FLOW FROM FINANCING ACTIVITIES Increase/(decrease) of long term financing 117,200,712 Increase in finance lease liabilities 28,941,598 Increase in short term borrowings (Decrease) in supplier's credit 205,683,109 - Net cash generated from financing activities 351,825,419 NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR The annexed notes form an integral part of these financial statements. (556,783) 6,986,564 6,429,782 Lahore October 09, 2013 (Mr. Mohammad Naveed) Chief Executive (Khawaja Mohammad Jahangir) Director