Basic HTML Version
NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2020
176
PAKISTANOILFIELDS LIMITED
2020
2019
Breakup of investments - at cost
Rupees ('000)
%age Rupees ('000)
%age
Mutual Funds
4,977
0.82
4,977
0.86
Government bonds
594,266
97.80
566,197
97.58
Cash and cash equivalents
8,386
1.38
9,042
1.56
607,629
100.00
580,216
100.00
Investments out of provident fund have been made in accordance with the provisions of section 218
of the Companies Act, 2017 and the rules formulated for the purpose.
43.
DISCLOSURE REQUIREMENTS FOR ALL SHARES ISLAMIC INDEX
Description
Explanation
i) Loans and advances
Non-interest bearing
ii) Deposits
Non-interest bearing
iii) Segment revenue
Disclosed in note 34
2020
2019
Rupees ('000)
iv)
Bank Balances
Placed under interest arrangements
36,611,737 35,697,714
Placed under Shariah permissible arrangements
1,120
4,487
36,612,857 35,702,201
v)
Income on bank deposits
Placed under interest arrangements
3,999,774 2,042,984
Placed under Shariah permissible arrangements
146
1,189
3,999,920 2,044,173
vi) Gain/(loss) on investments classified
as fair value through profit or loss
Disclosed in note 22.1.1
vii) Dividend income
Disclosed in note 32.1 & 32.2
viii) All sources of other income
Disclosed in note 32
ix) Exchange gain
Earned from actual currency
x) Relationship with banks having Islamic windows
Following is the list of banks with which the
Company has a relationship with Islamic
window of operations:
1. Meezan Bank Limited
2. Albaraka Islamic Investment bank