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Balance Sheet<br />

125<br />

<strong>Siemens</strong> (<strong>Pakistan</strong>) Engineering Company Limited<br />

Balance Sheet<br />

As at September 30, 2008<br />

2008 2007<br />

Note (Rupees in ‘000)<br />

Property, plant and equipment 12 1,589,664 1,532,620<br />

Intangible assets 13 6,051 6,755<br />

Long-term receivables and prepayments 14 1,179,717 1,154,164<br />

Deferred tax assets 15 851,611 402,904<br />

Total non-current assets 3,627,043 3,096,443<br />

Inventories 16 4,588,682 3,166,741<br />

Trade receivables 17 11,127,285 6,634,051<br />

Other receivables 18 2,025,133 1,371,873<br />

Cash and bank balances 19 3,407,239 3,311,908<br />

Total current assets 21,148,339 14,484,573<br />

Total assets 24,775,382 17,581,016<br />

The annexed notes 1 to 43 form an integral part of these financial statements.<br />

Sohail Wajahat H. Siddiqui<br />

Chief Executive Officer<br />

Gerhard Wilcke<br />

Chief Financial Officer & Director

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