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22 Information to Stakeholders
Vertical Analysis of Financial Statements
2008 2007 2006
Rupees in Rupees in Rupees in
‘000 % ‘000 % ‘000 %
Balance Sheet
Total equity and minority interest 6,288,257 25.38 5,351,422 30.44 3,069,316 23.82
Total non-current liabilities 106,091 0.43 113,680 0.65 124,290 0.96
Total current liabilities 18,381,034 74.19 12,115,914 68.91 9,693,190 75.22
Total equity and liabilities 24,775,382 100.00 17,581,016 100.00 12,886,796 100.00
Total non-current assets 3,627,043 14.64 3,096,443 17.61 2,628,496 20.43
Total current assets 21,148,339 85.36 14,484,573 82.39 10,258,300 79.73
Total assets 24,775,382 100.00 17,581,016 100.00 12,866,796 100.00
Profit and Loss Account
Net sales 26,880,742 100.00 21,901,752 100.00 20,795,847 100.00
Cost of sales (22,866,881) (85.07) (18,776,623) (85.30) (18,344,090) (88.21)
Gross profit 4,013,861 14.93 3,218,529 14.70 2,451,757 11.79
Commission and allowances earned 161,395 0.60 248,133 1.13 615,347 2.96
Marketing and selling expenses (1,132,642) (4.21) (986,460) (4.50) (1,003,475) (4.83)
General administration expenses (535,643) (1.99) (570,943) (2.61) (440,988) (2.12)
Other operating income 184,202 0.68 113,376 0.52 52,170 0.26
Profit from operations 2,691,173 10.01 2,022,635 9.24 1,675,351 8.06
Financial income 126,822 0.47 258,878 1.18 82,222 0.40
Financial expenses (253,792) (0.94) (316,939) (1.45) (249,253) (1.20)
Net finance costs (126,970) (0.47) (58,061) (0.27) (167,031) (0.80)
Profit before tax and sale of discontinued 2,564,203 9.54 1,964,574 8.97 1,508,320 7.25
Operations
Income tax expenses (885,135) (3.29) (980,880) (4.48) (783,784) (3.77)
Profit before sale of discontinued operations 1,679,068 6.25 983,694 4.49 724,536 3.48
Profit on sale of discontinued operations – net -........ -........ 1,497,628 6.84 -........ -........
of income tax
Profit for the year 1,679,068 6.25 2,481,322 11.33 724,536 3.48