Basic HTML Version
Distribution of Value Addition
2020
2019
17%
4%
39%
40%
18%
4%
34%
44%
Retained within
the business
Shareholders as
dividends
Government as
taxes
Employees as
remuneration
STATEMENT OF VALUE ADDITION
2020
2019
Rupees (000)
Gross revenue
41,840,700
47,505,549
Less: Operating and exploration expenses
10,193,498
13,317,683
31,647,202
34,187,866
Add: Income from investments
3,217,859
2,469,779
Other income
1,417,345
4,793,673
Total value added
36,282,406
41,451,318
Distributed as follows:
Employees remuneration
1,601,671
1,534,556
Government as:
Company taxation
5,358,546
7,982,986
Sales tax
3,365,841
3,528,242
Excise duty & development surcharge
279,055
309,251
Royalty
4,010,063
4,553,641
Workers' funds
1,382,967
1,727,994
14,396,472
18,102,114
Shareholders as:
Dividend
14,192,755
14,192,755
Retained in business:
Depreciation
1,498,587
1,631,392
Amortization
2,409,826
3,311,549
Net earnings
2,183,095
2,678,952
6,091,508
7,621,893
36,282,406
41,451,318
Distribution of Value Addition:
Employees as remuneration
1,601,671
1,534,556
Government as taxes
14,396,472
18,102,114
Shareholders as dividends
14,192,755
14,192,755
Retained within the business
6,091,508
7,621,893
36,282,406
41,451,318
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PAKISTANOILFIELDS LIMITED