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NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
145
PAKISTANOILFIELDS LIMITED
13.2 Cost and accumulated depreciation include:
Cost
Accumulated depreciation
2020
2019
2020
2019
Rupees ('000)
Share in joint operations operated by the
Company
1,456,919
1,446,187
1,300,979
1,273,258
Assets not in possession of the Company
Share in joint operations operated by
following
MOL Pakistan Oil and Gas Company B.V.
11,321,065
10,896,974
7,463,089
6,548,887
Ocean Pakistan Limited
74,105
73,992
62,475
59,506
Oil and Gas Development Company
Limited
73,930
69,291
46,796
41,373
Pakistan Petroleum Limited
2,186,976
1,930,413
1,030,068
851,172
13,656,076
12,970,670
8,602,428
7,500,938
* Gas cylinders - in possession of
distributors
764,200
735,570
609,120
534,238
15,877,195
15,152,427
10,512,527
9,308,434
* Due to large number of distributors it is impracticable to disclose the name of each person having
possession of these assets, as required by 4th Schedule to the Companies Act, 2017.
13.3 The depreciation charge has been allocated as follows:
2020
2019
Rupees ('000)
Operating cost - Note 26
1,421,796
1,544,540
Other income - Crude transportation income
76,791
86,852
Inter-transfers
-
624
1,498,587
1,632,016
13.4 Particulars of Company's immovable property including location and area of land are as follows:
District
Location
Total Area (In acres)
Attock
Khaur
297.59
Attock
Dhulian
746.17
Attock
Meyal
194.44
Chakwal
Balkassar
2.14
Rawalpindi
Rawalpindi
35.76
Rawalpindi
Rawalpindi - (Khaur- Rawalpindi pipe line)
63.35