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Information to Stakeholders
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Horizontal Analysis of Financial Statements
2008 2007 2006 % change % change
Balance Sheet
Rupees in '000 w.r.t. 2007 w.r.t. 2006
Total equity and minority interest 6,288,257 5,351,422 3,069,316 17.51 104.87
Total non-current liabilities 106,091 113,680 124,290 (6.68) (14.64)
Total current liabilities 18,381,034 12,115,914 9,693,190 51.17 89.63
Total equity and liabilities 24,775,382 17,581,016 12,886,796 40.92 92.25
Total non-current assets 3,627,043 3,096,443 2,628,496 17.14 37.99
Total current assets 21,148,339 14,484,573 10,258,300 46.01 106.16
Total assets 24,775,382 17,581,016 12,866,796 40.92 92.25
Profit and Loss Account
Net sales 26,880,742 21,901,752 20,795,847 22.73 29.66
Cost of sales (22,866,881) (18,776,623) (18,344,090) 22.39 24.66
Gross profit 4,013,861 3,125,129 2,451,757 24.71 63.71
Commission and allowances earned 161,395 248,133 615,347 (34.96) (73.77)
Marketing and selling expenses (1,132,642) (986,460) (1,003,475) 14.82 12.87
General administration expenses (535,643) (570,943) (440,988) (6.18) 21.46
Other operating income 184,202 206,776 52,170 62.47 249.46
Profit from operations 2,691,173 2,022,635 1,675,351 33.05 60.63
Financial income 126,822 258,878 82,222 (51.01) 54.24
Financial expenses (253,792) (316,939) (249,253) (19.92) 1.82
Net finance costs (126,970) (58,061) (167,031) 118.68 (23.98)
Profit before tax and sale of discontinued Operations 2,564,203 1,964,574 1,508,320 30.52 70.00
Income tax expense (885,135) (980,880) (783,784) (9.76) 12.93
Profit before sale of discontinued operations 1,679,068 983,694 724,536 70.69 131.74
Profit on sale of discontinued operations – net of income tax -........ 1,497,628 -........ -........ -........
Profit for the year 1,679,068 2,481,322 724,536 (32.33) 131.74