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194
PAKISTAN OILFIELDS LIMITED
CONSOLIDATED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED JUNE 30, 2020
Attributable to owners of Pakistan Oilfields Limited
Non-
controlling
interest
Total
Share
capital
Capital Reserves
Revenue reserves
Fair value
gain/ (loss)
on available-
for-sale
investments
Gain/(loss) on
revaluation
of investment
at fair value
through OCI
Total
Bonus shares
issued by
subsidiary/
associated
companies
Special
reserve
Utilised
Special
reserve
Insurance
reserve
General
reserve
Unappropriated
profit
Rupees ('000)
Balance at June 30, 2018
2,365,459
59,754
17,512
1,941,044
200,000
6,852,325
28,337,303
2,227
-
39,775,624
122,140
39,897,764
Impact of IFRS 9 transition
-
-
-
-
-
-
(26,640)
-
3,753
(22,887)
-
(22,887)
Balance as at July 1, 2018 - IFRS 9
2,365,459
59,754
17,512
1,941,044
200,000
6,852,325
28,310,663
2,227
3,753
39,752,737
122,140
39,874,877
Total comprehensive income for the year:
Profit for the year
-
-
-
-
-
-
13,276,783
(2,227)
-
13,274,556
4,729
13,279,285
Other comprehensive income/(loss)
-
-
-
-
-
-
48,709
-
(416)
48,293
178
48,471
-
-
-
-
-
-
13,325,492
(2,227)
(416)
13,322,849
4,907
13,327,756
Bonus shares issued by an associated company - APL
-
11,641
-
-
-
-
(11,641)
-
-
-
-
-
Transferred to general reserve by an associated company
-
-
-
-
-
225,000
(225,000)
-
-
-
-
-
Transferred from special reserve by an associated company
-
-
(2,088)
-
-
-
2,088
-
-
-
-
-
Bonus shares issued @ 20% - Year ended June 30, 2019
473,092
-
-
-
-
-
(473,092)
-
-
-
-
-
POL dividends:
Final dividend @ Rs 25 per share - Year ended June 30, 2018
-
-
-
-
-
-
(5,913,648)
-
-
(5,913,648)
-
(5,913,648)
Interim dividend @ Rs 20 per share - Year ended June 30, 2019
-
-
-
-
-
-
(5,677,102)
-
-
(5,677,102)
-
(5,677,102)
Dividend to CAPGAS non - controlling interest holders:
Interim dividend @ Rs 25 per share - Year ended June 30, 2018
-
-
-
-
-
-
-
-
-
-
(9,923)
(9,923)
Total transactions with owners
-
-
-
-
-
-
(11,590,750)
-
-
(11,590,750)
(9,923)
(11,600,673)
Balance at June 30, 2019
2,838,551
71,395
15,424
1,941,044
200,000
7,077,325
29,337,760
-
3,337
41,484,836
117,124
41,601,960
Total comprehensive income for the year:
Profit for the year
-
-
-
-
-
-
14,541,637
-
-
14,541,637
23,146
14,564,783
Other comprehensive income/(loss)
-
-
-
-
-
-
20,093
-
(101)
19,992
38
20,030
-
-
-
-
-
-
14,561,730
-
(101)
12,345,667
23,184
14,584,813
Transferred to special reserve by an associated company
-
-
5
-
-
-
(5)
-
-
-
-
-
POL dividends:
Final dividend @ Rs 30 per share - Year ended June 30, 2019
-
-
-
-
-
-
(8,515,653)
-
-
(8,515,653)
-
(8,515,653)
Interim dividend @ Rs 20 per share - Year ended June 30, 2020
-
-
-
-
-
-
(5,677,102)
-
-
(5,677,102)
-
(5,677,102)
Dividend to CAPGAS non - controlling interest holders:
Interim dividend @ Rs 38.5 per share - Year ended June 30, 2019
-
-
-
-
-
-
-
-
-
-
(12,734)
(12,734)
Total transactions with owners
-
-
-
-
-
-
(14,192,755)
-
-
(14,192,755)
(12,734)
(14,205,489)
Balance at June 30, 2020
2,838,551
71,395
15,429
1,941,044
200,000
7,077,325
29,706,730
-
3,236
41,853,710
127,574
41,981,284
The annexed notes 1 to 51 form an integral part of these financial statements.
Shuaib A. Malik
Chief Executive
Abdus Sattar
Director
Khalid Nafees
Chief Financial Officer