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NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
174
PAKISTANOILFIELDS LIMITED
Basis of Relationship 2020
2019
Rupees ('000)
Associated companies
Attock Refinery Limited
Common directorship
Sale of crude oil and gas
12,833,828 19,052,177
Crude oil and gas transmission charges
6,375
3,671
Rental Income
2,861
3,005
Rental expense
434
443
Reimbursment of expenses incurred by
POL on behalf of ARL
685
454
Reimbursment of expenses incurred by
ARL on behalf of POL
23,831
25,401
Purchase of fuel
14,830
14,694
Purchase of LPG
259,679
249,949
National Refinery Limited
25% share holding &
Sale of crude oil
common directorship 1,934,103
1,005,939
Reimbursment of expenses incurred by
POL on behalf of NRL
536
-
Reimbursment of expenses incurred by
NRL on behalf of POL
480
55
Rental expense
2,929
2,680
Purchase of LPG
455,365
685,913
Dividend received
-
199,916
Attock Petroleum Limited
7.0175% share
Purchase of fuel and lubricants
holding & common 1,199,115
817,081
Sale of solvent oil
directorship
220,477
288,229
Rental income
493
493
Purchase of services
586
664
Purchase of goods
347
178
Reimbursment of expenses incurred by
POL on behal of APL
24,065
17,248
Dividend received
104,771
215,362
Profit Disbursement
658
Attock Information Technology
(Private) Limited
Common directorship
Purchase of services
59,847
55,545
Attock Cement Pakistan Limited
Common directorship
Purchase of services
438
5
Sale of services
266
-