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NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
165
PAKISTANOILFIELDS LIMITED
Rating
2020
2019
Rupees ('000)
Trade debts
Counterparties with external credit rating
A1+
2,547,285
3,783,390
A1
4,733,131
4,565,140
A2
257,333
426,890
Counterparties without external credit rating
Existing customers/ joint operating partners
with no default in the past
96,134
132,708
7,633,883
8,908,128
Advances, deposits and other receivables
Counterparties with external credit rating
A1+
304,171
306,487
Counterparties without external credit rating
Existing customers/ joint operating partners
with no default in the past
297,138
155,284
Receivable from employees
206,188
27,803
Receivable from parent company
36,258
889
Others
112,726
33,003
956,481
523,466
Bank balances
Counterparties with external credit rating
A1+
36,678,102
35,755,890
A1
647
233
36,678,749
35,756,123